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Monthly Profit - Daily Trading using SMA

  • #6,421
  • Oct 21, 2016 9:49am Oct 21, 2016 9:49am
Quoting ahhamidz
GBPAUD {image} {image}
Love it!
  • #6,422
  • Oct 21, 2016 11:43am Oct 21, 2016 11:43am
Quoting Chake
This week has been good, too bad for GU trade, but hey.. you can't win them all. Closed trades: GU - 100 AU + 41 NU + 63 EN + 277 total: + 281 Open trades: GC + 131 EG + 10 AN + 55 Overall since i started trading this system i'm a little in the positive teritory, this is all still to see if it works for me, still some testing weeks to go. So far still positive!
E.G. Seems to be bouncing all over the place. Don't know if we should close on a profit
So many in the Commercial section want to make me rich! :o
  • #6,423
  • Oct 21, 2016 11:48am Oct 21, 2016 11:48am
Quoting FX-Flux
{quote} E.G. Seems to be bouncing all over the place. Don't know if we should close on a profit
I would try to hold on if I were you depending on your position size. Think about buying back around the 0.8750-0.8725 area.
  • #6,424
  • Oct 21, 2016 12:09pm Oct 21, 2016 12:09pm
Quoting ahhamidz
GBPAUD {image} {image}
1 lot and with out sl?
  • #6,425
  • Oct 21, 2016 12:13pm Oct 21, 2016 12:13pm
Quoting DenisK152
{quote} 1 lot and with out sl?
Looks like 2 lots 😎 Some people sit in front of their computers though. I don't!! I work and drink a lot of wine
So many in the Commercial section want to make me rich! :o
  • #6,426
  • Edited 1:03pm Oct 21, 2016 12:46pm | Edited 1:03pm
Quoting DenisK152
{quote} 1 lot and with out sl?
Just for show. Size does not matter. It is important to get pips . You can more or less volume. If sufficient capital. I disagree with the sl .
Attached Image
  • #6,427
  • Oct 21, 2016 12:59pm Oct 21, 2016 12:59pm
Quoting FX-Flux
{quote} Looks like 2 lots 😎 Some people sit in front of their computers though. I don't!! I work and drink a lot of wine
cheers
Attached Image (click to enlarge)
Click to Enlarge Name: 1-1.png Size: 16 KB
  • #6,428
  • Edited 3:34pm Oct 21, 2016 1:33pm | Edited 3:34pm
Quoting FX-Flux
{quote} E.G. Seems to be bouncing all over the place. Don't know if we should close on a profit
I leave mine open. no need to close now it starts to move a little bit in the right direction. Bk8 closed his position earlier for a little profit.
OR you might close half your position and put the other half to BE.
  • #6,429
  • Oct 21, 2016 3:40pm Oct 21, 2016 3:40pm
Quoting ahhamidz
{quote} Just for show. Size does not matter. It is important to get pips . You can more or less volume. If sufficient capital. I disagree with the sl . {image}
Ok friend, you have steel balls. Good luck
  • #6,430
  • Oct 21, 2016 4:24pm Oct 21, 2016 4:24pm
Quoting yonnie
{quote} I leave mine open. no need to close now it starts to move a little bit in the right direction. Bk8 closed his position earlier for a little profit. OR you might close half your position and put the other half to BE.
I closed mine based on analysis of so many setups...goes back to opposite direction after giving fair chance to quit but I am happy for you guys.
  • #6,431
  • Edited 9:28pm Oct 21, 2016 4:28pm | Edited 9:28pm
Quoting yonnie
A/J looks sideways to me, although the two candles before the present one closed higher each time. a better option would be A/N and A/U imo. any interest in G/C? daily candle closed 7 min ago. sell A/N and A/U buy G/C
2 out of 3 are profitable.. and even A/N has few pips loss only so overall great job Yonnie!!
Thank you very much for your support...you are no more just a top contributor
  • #6,432
  • Oct 21, 2016 5:34pm Oct 21, 2016 5:34pm
Quoting DenisK152
{quote} Ok friend, you have steel balls. Good luck
@ahhamidz performance chart shows for friday 0.3%($18/212pips) profit but all his chart showing few hundreds buck/pips of profit. Is there something I don't understand?
  • #6,433
  • Edited 11:56pm Oct 21, 2016 9:44pm | Edited 11:56pm
Quoting Bk8
{quote} 2 out of 3 are profitable.. and even A/N has few pips loss only so overall great job Yonnie!! Thank you very much for your support...you are no more just top contributors
thank you Bk8 for your compliment, but must admit Mr Market was in a good mood.........
now I`ve been trading since 1998, but had trouble seeing at first what you saw on the chart.
got a bit frustrated at times, but good to go now. thank you for teaching me chief

am starting a manual backtest soon for the period 2015/2016 across all pairs, because I would like some questions answered.
I can only do this now, because I feel I`m not far away from Bk8`s picks.
trading is a numbers game - statistics: if I do this, what is the likely result.
after the backtest I will know better what to expect and will get sharper in my trading.
don't want to wait for live trading, because it takes too long.

if somebody else has ideas for testing, I will take them onboard if I think its relevant
  • #6,434
  • Oct 21, 2016 9:55pm Oct 21, 2016 9:55pm
Good idea, I'll try to convert to EA.
Money Never Sleeps
  • #6,435
  • Oct 22, 2016 3:07am Oct 22, 2016 3:07am
Ok so I have made a manual backtester to help us practice the strategy quicker.

It pauses automatically after the opening of a new candle to let you decide if you are to take a trade.

Next you place a single horizontal line where you would put your stop loss, Lot size is calculated automatically based on your Risk, and it opens the trade for you depending on if the SL is above or below the Ask price.

At the beginning of every new candle you can move your stop loss by placing a new horizontal line.

Use the Control Points method for input to the strategy tester (otherwise it is really slow!) and don't forget to set to the Daily time frame.

Im pretty sure this will only work if your MT4 is set to English because it is searching for "Horizontal Line" in the code and won't work if it is set to anything else.

Inserted Video
Attached File(s)
File Type: ex4 Manual Backtest SMA crossing.ex4   10 KB | 505 downloads
So many in the Commercial section want to make me rich! :o
  • #6,436
  • Edited 8:32am Oct 22, 2016 6:17am | Edited 8:32am
Up to date Download Last Ver 1.1 Fixed bug!!!!



EA Run on Daily chart

Inserted Video


Entry

  1. Long - When previous D1 bull candle's body has clearly crossed SMA and did not touch BB upper band.
  2. Short - When previous D1 bear candle's body has clearly crossed SMA and did not touch BB lower band.

*** Order 'll open next bar

Stop Loss

  1. high(+15 Pips)/low(-15 Pips) of previous candle


Take Profit/Exit

  1. Exit with TP (You can be setting TP in pips.)
  2. Exit with Breakeven (You can be setting BE in pips.)
  3. Candle touches/cross BB top/bottom line.

*** EA maximum Open Trades 1 trade per a chart.


Try to test any paris and tell me about the result.
You don't worry, EA no expire for free because you have shared idea and help me forward test.
Ultimate run .......go!!!!!
Ha ha.

"If you have shared an idea for me, I would share EA for you."

Attached File(s)
File Type: tpl SMA5+BB20-2.tpl   < 1 KB | 976 downloads
File Type: ex4 DailyTradingUsingSMA5+BB20-2v1.1.ex4   29 KB | 1,065 downloads
Money Never Sleeps
  • #6,437
  • Oct 22, 2016 8:29am Oct 22, 2016 8:29am
Quoting tony-fx
Up to date Download Last Ver 1.1 Fixed bug!!!! EA Run on Daily chart https://www.youtube.com/watch?v=65Mb-vpJ7yo Entry Long - When previous D1 bull candle's body has clearly crossed SMA and did not touch BB upper band. Short - When previous D1 bear candle's body has clearly crossed SMA and did not touch BB lower band. *** Order 'll open next bar Stop Loss high(+15 Pips)/low(-15 Pips) of previous candle Take Profit/Exit Exit with TP (You can be setting TP in pips.) Exit with Breakeven (You can be setting BE in pips.) Candle touches/cross...
I don't think you need an EA for this strategy. It doesn't take up much of your time.
So many in the Commercial section want to make me rich! :o
  • #6,438
  • Oct 22, 2016 9:10am Oct 22, 2016 9:10am
What a stress free strategy you've got here @Bk8...looking forward to contribute and benefit from your calls and the calls from other contributors. Thanks 
  • #6,439
  • Oct 22, 2016 10:23am Oct 22, 2016 10:23am
Attached Image (click to enlarge)
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  • #6,440
  • Oct 22, 2016 10:49am Oct 22, 2016 10:49am
Quoting FX-Flux
{quote}I work and drink a lot of wine
I could use this as my signature
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