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Price Action Trading with Indicators! The Freebie System

  • #8,941
  • Apr 5, 2017 11:00pm Apr 5, 2017 11:00pm
Well it has happened. WE HAVE TWO RUNNERS!! IT's been a while (more than year and a half) since I have seen this.
Check out the screen shot. NO INTERVENTION NONE! ALL EA.

However I am baffled. On the other broker(fxchoice) I have it positive but just barely and compared to forexware it has lost like over 21 percent of it's value.
John what is forexware's leverage. FXchoice has 1:200 leverage. Maybe that's the difference?? OR is the feed so drastic? Has anyone tried this on other brokers??
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: freebie_fxchoice_status.jpg Size: 331 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #8,942
  • Apr 6, 2017 10:15am Apr 6, 2017 10:15am
Jess, actually it looks as if each broker has a different feed. I basically have been treading water. One day a loss then a win. I do notice that my AUDUSD is not like yours in that you have a lot more trades occuring than I have. I am using the 3's instead of all dots. You must have better settings.
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  • #8,943
  • Apr 6, 2017 7:52pm Apr 6, 2017 7:52pm
Quoting keysharp
Jess, actually it looks as if each broker has a different feed. I basically have been treading water. One day a loss then a win. I do notice that my AUDUSD is not like yours in that you have a lot more trades occuring than I have. I am using the 3's instead of all dots. You must have better settings. {image}
I am using the original approach with basically the default inputs. The only diff is that I set the BE to 50% and that the rest of the trade be left with no TP.
This is what I had done back over a year and a half when I was having those big runs. The major difference now is that I am use the ZigZag instead of the 20Ma on the Daily TF. Plus the code is a lot more stable in terms of the core approach than what it was back then.

FXchoice is now starting to get positive, it's now at about 2% for the week and 4% for this day. the Forexware is really rocking... If forexware continues like this I will use a trade copier and get the trades from it like that on to a live account.

Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #8,944
  • Apr 7, 2017 2:02am Apr 7, 2017 2:02am
hi
xmess7 can you post a screenshot of your settings for EA ...i saw it in past posts but i cant find it anymore
  • #8,945
  • Apr 7, 2017 3:22am Apr 7, 2017 3:22am
Quoting Gallauco
hi xmess7 can you post a screenshot of your settings for EA ...i saw it in past posts but i cant find it anymore
Its all default except the BE stuff.
I'll do you one better, the set file.
Just rename and remove the ".txt" and place it in the MQL4/Presets folder.
Apply it to your inputs.
Attached File(s)
File Type: txt Freebie_test.set.txt   1 KB | 498 downloads
Our AWESOME IMAGINATION is the true holy grail!
  • #8,946
  • Apr 7, 2017 8:56am Apr 7, 2017 8:56am
thanks
  • #8,947
  • Apr 8, 2017 4:03am Apr 8, 2017 4:03am
ehi xmess7...what exactly dredding mean when he speaks about condition 2 -... Failed At Pivot?
for me means candle cross nearest pivot line ... or the 4th pivot lin e( the medium one?)
am i right?
  • #8,948
  • Apr 8, 2017 9:40am Apr 8, 2017 9:40am
Quoting Gallauco
ehi xmess7...what exactly dredding mean when he speaks about condition 2 -... Failed At Pivot? for me means candle cross nearest pivot line ... or the 4th pivot lin e( the medium one?) am i right?

What we could figure out was that a failed pivot is when basically you have a wick that crosses a pivot line.
Depending on the direction of the wick that would determine if it was a low fail or a hi fail.

This image is from a post loooong ago that shows an example of what we were tryng to figure out back in the day lol.
The image shows an example of a failed LOW pivot. Turn it upside down and you have a failed high. Just pay attention to the candle on the right, it has the wick crossing the dashded line (which is a pivot). I removed those other failed pivot conditions from the EAs sometime ago. The idea being that this minimizes the number of trades an EA takes thereby risking less.

https://www.forexfactory.com/attachm...mentid=1814246
Our AWESOME IMAGINATION is the true holy grail!
  • #8,949
  • Apr 8, 2017 10:55am Apr 8, 2017 10:55am
Folks:

NOW WHERE TALKING. This was a good week for both Forexware and FXchoice.
Forexware is hot!! IT has several runners!!! up 22% for this week
FXchoice took it's time but it is also starting to build. Unfortunately I closed it by mistake LOL.. up 9.9% for this weel
But you can see it is catching up.. It even had multiple runners!

Enjoy..
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Click to Enlarge Name: freebie_fxchoice_status.jpg Size: 244 KB
Our AWESOME IMAGINATION is the true holy grail!
  • #8,950
  • Apr 8, 2017 2:19pm Apr 8, 2017 2:19pm
I too had a good week. The USDJPY on Monday was terrible and put me in the hole about 6%, but the balance of the week I recovered to a plus .o8%. This is on Forexware. I am thinking that the JPY pair with anything may not be a good choice. We'll find out this next week.
  • #8,951
  • Apr 8, 2017 2:50pm Apr 8, 2017 2:50pm
Quoting keysharp
I too had a good week. The USDJPY on Monday was terrible and put me in the hole about 6%, but the balance of the week I recovered to a plus .o8%. This is on Forexware. I am thinking that the JPY pair with anything may not be a good choice. We'll find out this next week.
Good.. good to know. I wonder if we just need to be patient, you know? Just let the trade take their time to build.
Let see how it goes..
Our AWESOME IMAGINATION is the true holy grail!
  • #8,952
  • Apr 10, 2017 3:08am Apr 10, 2017 3:08am
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  • #8,953
  • Apr 10, 2017 3:09am Apr 10, 2017 3:09am
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  • #8,954
  • Apr 10, 2017 9:59am Apr 10, 2017 9:59am
Quoting Gallauco
{image}
Hi what is the account balance?
And it looks likeu tookthe trades manually right?
Our AWESOME IMAGINATION is the true holy grail!
  • #8,955
  • Apr 11, 2017 1:36am Apr 11, 2017 1:36am
yes manually
but its the two best week ever.,... so its not a medium result unfortunately for me
i want to try the EA...next days or week
  • #8,956
  • Apr 11, 2017 2:02am Apr 11, 2017 2:02am
Quoting Gallauco
yes manually but its the two best week ever.,... so its not a medium result unfortunately for me i want to try the EA...next days or week
Can u write down what you did? Perhaps some of that can be incorporated?
Just consider it. if not that's ok.
Our AWESOME IMAGINATION is the true holy grail!
  • #8,957
  • Apr 11, 2017 2:19am Apr 11, 2017 2:19am
emmm...nothing special ...i followed the dredding rules ... wait for semafor n.3 , stoch crossed, pivot crossed , next candle closed down for sell or closed up for buy....

the manual operation allowed me to continue good trade some times with +100 pips ...the negative ones i closed it when it appears a semafor n.2 opposite of my trade...even if this was a level higher of my sl...

i saw there are a lot of false signals.....
there is only a real semafor n.3 every 25-30 hours ( i trade only 1h period)

i also avoid to consider too big candle on the semafor signal ... prefer a big candle after the semafor signal
try to follow the harami engulfing rules to eventually enter
and i noticed when the semafor appear on a candle already in the way of the predicted trade this is a very good opportunity to have a successful trade ( for ex. semafor n.3 appear on the top of the candle ..(so sell signal) and the candle already closed down.....
  • #8,958
  • Apr 20, 2017 4:53am Apr 20, 2017 4:53am
Hi xmess7

I load EA on few m15 charts with default setting in template

but it is only opening BUY positions , is anything else required?

Regards
Andy
  • #8,959
  • Apr 20, 2017 6:21am Apr 20, 2017 6:21am
Quoting Andyjj
Hi xmess7 I load EA on few m15 charts with default setting in template but it is only opening BUY positions , is anything else required? Regards Andy
Nope noting else required
If you look at the D1 of those pairs you placed the EA on
and see that the price is tending to go up only buy trades are taken
else sell trades are taken
Our AWESOME IMAGINATION is the true holy grail!
  • #8,960
  • May 3, 2017 2:02am May 3, 2017 2:02am
Hello Xmess7 I know it's been awhile but im using the latest EA55 and It didn't place a sell trade after the red ha candle not sure whats wrong but it has done it a couple of times before. The .02 lot order was manually placed and the Ea is set with fixed lot .01
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