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Simplicity is the Ultimate Sophistication

  • #681
  • May 11, 2017 11:43pm May 11, 2017 11:43pm
Quoting redfan
setup {image} buystop Take profit .done for today {image}
sory for late post. Yesterday was busy because of vesakh day.
Happy vesakh to all who celebrate. Hope we all can live happily.
yes, ended with green pips yesterday.
Trading can be simple yet profitable.
  • #682
  • Edited 7:36am May 12, 2017 1:32am | Edited 7:36am
setup
going to be out all day today.
see how it go.
Attachment g

stop hit
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDH12.png Size: 61 KB



I had four winning trades this week ending with a loss today, Profit for the week was £90 minus Friday's loss of £25, Giving me a profit of £65 for the week.
Have a nice weekend. All
  • #683
  • May 12, 2017 3:11am May 12, 2017 3:11am
sell stop triggered
1.0860
SL @ 1.0870
TP @ 1.0848
Nowdays i am trying to use variative of SL and TP.
I want to test using 10 SL and 12 TP.
Therefore if we can use it, the TP wil be larger than the SL, i want to know whether it influence much to the winrate or not.
Attached Image (click to enlarge)
Click to Enlarge Name: 12-05-2017.png Size: 35 KB
  • #684
  • May 12, 2017 4:16am May 12, 2017 4:16am
SL hit, both 10/12 hit. done for today.
  • #685
  • May 12, 2017 5:52am May 12, 2017 5:52am
Quoting zentrader8
SL hit, both 10/12 hit. done for today.
This shows the beauty of only selling below the MA and buying above. My order is still in the market at .30 level below the last swing low. The MA tells me to short, but I only want to below the last low, ie trend continuation.
You can use the EA to test differing variables of MA, SL, TP etc. Whilst it will not give exact results it will show you quickly if there is merit in applying certain variables for more thorough backtesting and forward testing; this is how I arrived at my ATR based stop strategy. It also showed that the 0600-0700 UK candle was the most profitable to set orders when it closed.
Trade less and become more profitable!
  • #686
  • May 12, 2017 9:32am May 12, 2017 9:32am
In saying that, my trade hit S/L too on news volatility at 1330. That's the breaks. Always next week.
Trade less and become more profitable!
  • #687
  • May 15, 2017 3:08am May 15, 2017 3:08am
Quoting Grimweasel
In saying that, my trade hit S/L too on news volatility at 1330. That's the breaks. Always next week.
yeah last friday ended with loss for both method. but last week original method win 4 days,lose only one day.still a good week last week.
  • #688
  • May 15, 2017 3:12am May 15, 2017 3:12am
today trade buystop @1.0940 triggered.
take profit @ 1.0952 and 1.0950
and sl @1.0928 and 1.0940
im trying for using sl 10 and also take profit 12.
lets see.
  • #689
  • May 15, 2017 5:10am May 15, 2017 5:10am
profit taken,done for today.
both 10 pips and 12 pips hit,without even 10 stop loss touched.
ended with green pips.
  • #690
  • May 16, 2017 2:14am May 16, 2017 2:14am
today trade buystop 1,10100
take profit 1.10200
profit taken,done for today.
  • #691
  • Edited 4:11pm May 16, 2017 3:01pm | Edited 4:11pm
https://cdn-assets.forexfactory.net/...ar455929_1.gif fibo38
When I go live. I will be using the tickmill because the spread is very low. on eur/usd
I am not using the EA ###ZenTraderEAV09
configuration in the indicator FirstHourHiLo v1.1
see picture
Attached Image (click to enlarge)
Click to Enlarge Name: 7554d8bbdcdf47179f7408f2b84b07f6[1].png Size: 16 KB

　
　
I've had this EA altered so the broker cannot see the stops or the profit lines.
Attached File(s)
File Type: ex4 0 - SL_TP_BE_all_FX_order_types v2_mod.ex4   10 KB | 203 downloads
  • #692
  • May 16, 2017 3:26pm May 16, 2017 3:26pm
Quoting redfan
{image} fibo38 When I go live. I will be using the tickmill because the spread is very long. on eur/usd I am not used the EA ###ZenTraderEAV09 configuration in the indicator FirstHourHiLo v1.1 see picture{image} 　 　 I've had this EA altered so the broker cannot see the stops or the profit lines. {file}
Thanks for the system to Zentrader
Redfran thanks for my answers. I have the same broker. I go test now.
I am live next week.
  • #693
  • May 16, 2017 9:52pm May 16, 2017 9:52pm
yesterday trade buystop @1.0940 with sl 10 pips
take profit @1.0952
ended with green pips yesterday.
  • #694
  • May 16, 2017 9:59pm May 16, 2017 9:59pm
Quoting redfan
https://cdn-assets.forexfactory.net/...ar455929_1.gif fibo38 When I go live. I will be using the tickmill because the spread is very low. on eur/usd I am not using the EA ###ZenTraderEAV09 configuration in the indicator FirstHourHiLo v1.1 see picture{image} 　 　 I've had this EA altered so the broker cannot see the stops or the profit lines. {file}
thanks for the ea redfan
  • #695
  • May 16, 2017 10:35pm May 16, 2017 10:35pm
Quoting fibo38
{quote} Thanks for the system to Zentrader Redfran thanks for my answers. I have the same broker. I go test now. I am live next week.
ur welcome.
hope we all can trade profitly and consistently.
i have send you a message,please read it.
thanks.
  • #696
  • May 17, 2017 1:28am May 17, 2017 1:28am
Quoting redfan
https://cdn-assets.forexfactory.net/...ar455929_1.gif fibo38 When I go live. I will be using the tickmill because the spread is very low. on eur/usd I am not using the EA ###ZenTraderEAV09 configuration in the indicator FirstHourHiLo v1.1 see picture{image} 　 　 I've had this EA altered so the broker cannot see the stops or the profit lines. {file}
Used as EA but its closing trades instead of moving to break even
try this one


Attached File(s)
File Type: ex4 0 - Hidden_SL_TP_BE_all_FX_order_types v2.ex4   14 KB | 230 downloads
  • #697
  • May 17, 2017 1:40am May 17, 2017 1:40am
Buy STOP 1.11000
T/P 1.11200
profit taken,done for today

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDwed.png Size: 55 KB
  • #698
  • May 17, 2017 1:49am May 17, 2017 1:49am
Quoting redfan
Buy STOP 1.11000 T/P 1.11200 profit taken,done for today {image}
Have the same result, green pips. thanks
  • #699
  • May 17, 2017 2:21am May 17, 2017 2:21am
hi redfan, what strategy are u using? are you using high low of 8th hour candel instead of next .00level? today's buystop should be at 1.11200 and tp at 1.11300
  • #700
  • Edited 3:13am May 17, 2017 2:39am | Edited 3:13am
Quoting Arsal89
hi redfan, what strategy are u using? are you using high low of 8th hour candel instead of next .00level? today's buystop should be at 1.11200 and tp at 1.11300


Some times i trade that way.
But this morning I use currency meter,
I also have two currency meters. see pic one is set to 30mins
If you look at the pictures you can see how weak the US was this morning.

Attached Image (click to enlarge)
Click to Enlarge Name: 3b2c1d233c28908d0f98d60380949235[1].png Size: 101 KB

Attached Image (click to enlarge)
Click to Enlarge Name: 082b338facc8d72237c22280eeda16b3[1].png Size: 21 KB

Attachment g

Attached Image (click to enlarge)
Click to Enlarge Name: Inkedb5d9d6f6c069af902f7d98573077a46c[1]_LI.jpg Size: 586 KB

Sorry about this but the two charts with the currency meters I took at 8.30 this morning when you asked me the question, By that time the USD was moving upwards. The chart at the bottom was took at 7.15, when the USD was at the bottom of the currency meter. That's why I took the trade,
And remember we are only going 10 pips. I took my profit. And if you look that candle then turn red. THAT why the USD started to move up.
Sorry if I confuse you.
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