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Simplicity is the Ultimate Sophistication

  • #721
  • May 23, 2017 11:45am May 23, 2017 11:45am
Quoting zentrader8
{quote} Im sorry for the incident that happened there, i hope the situation get better there.

Hey there Zen!

Been following "and replying" to this thread for a while now, just wanted to ask do you guys still use the EA or are you manually trading it everyday?


~
Tim
  • #722
  • May 23, 2017 4:48pm May 23, 2017 4:48pm
I trade manually, as I never trust EAs in MT4. Too many spoofing back doors, plus my broker has wider stops on MT4 than the web based platform. They are helpful for idea backtesting though.
Trade less and become more profitable!
  • #723
  • May 23, 2017 4:53pm May 23, 2017 4:53pm
Quoting lctrader11
Grimweasel, I believe I finally wrapped my head around the original LO strategy...works pretty good. I wouldn't mind having some more trading opportunities.. Just to clarify, with your US Open approach: 1. You're using the 0930 EST candle as your "open/starting" candle? 2. How many candles from the original 0630 EST open do you go back to set the High/Low levels? 3. I didn't catch what your TP/SL were? I think you're using the ATR ("value" ?) Would you mind stating that again? What do you find...
Hi,

I essentially trade 3 systems in one. Normal Zen rules with 10pip TP and 15 pip SL for any candle that touches the 24ema
If price > ema, then trade long 1 tick above last 24hr high. 1xATR stop and 2xATR TP
If price < ema, then trade short, opposite of above; same SL and TP

I ditched the EurJpy trade as not profitable. Use the Grandeavus EA for backtesting is my tip; find the best session / set of rules for your personal style of trading and go with that. Given the B/O spread it should restrict you to the Major pairs. Good trading!
Trade less and become more profitable!
  • #724
  • May 24, 2017 2:16am May 24, 2017 2:16am
Quoting Timnyman94
{quote} Hey there Zen! Been following "and replying" to this thread for a while now, just wanted to ask do you guys still use the EA or are you manually trading it everyday? ~ Tim
Hi Timnyman

For me i still use manual trade everyday either.
  • #725
  • May 24, 2017 2:22am May 24, 2017 2:22am
Today trade sell stop @ 1.1170
Tp @ 1.1158
SL @ 1.1180
Lets see.
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  • #726
  • May 24, 2017 3:28am May 24, 2017 3:28am
Today lose,
lost 10 pips.
done for today.
  • #727
  • May 24, 2017 6:59am May 24, 2017 6:59am
Quoting zentrader8
{quote} Hi Timnyman For me i still use manual trade everyday either.

Thanks for the response!

I see you changed it to a positive ratio atleast! that's really nice to see actually since the 10 / 15 pips ratio, even tho high % win, it kinda ruined it for you if you had like a 4 lose streak "need 6 in arow to BE".

i'm gonna keep stalking this thread for a little while longer - got a second account ready for this method already but need to focus on my main strat first.

Green pips to you and everyone else following this thread !


Thanks for the response!

I see you changed it to a positive ratio atleast! that's really nice to see actually since the 10 / 15 pips ratio, even tho high % win kinda ruined it for you if you had like a 4 lose streak.

i'm gonna keep stalking this thread for a little while longer - got a second account ready for this method already but need to focus on my main strat first.

Green pips to you and everyone else following this thread !
  • #728
  • May 26, 2017 4:32am May 26, 2017 4:32am
yesterday ended with losing.
lose 10 pips,
today ended with green pips earn 12 pips.this week 3 loses 2 winning.
total earned 24 pips.
total lose 30 pips.
not a green week this week
  • #729
  • May 26, 2017 4:32am May 26, 2017 4:32am
i am on holiday,so cannot post the chart on the forum.
  • #730
  • Jun 1, 2017 2:09am Jun 1, 2017 2:09am
sorry for late post.this week result:
monday-lose - 10 pips
tuesday-bank holiday no trade(if you trade you will ended with losing-10pips)
wednesday-win 12 pips
thursday(today) -lose 10 pips
so far this week still losing. (-8pips).
  • #731
  • Jun 5, 2017 2:27am Jun 5, 2017 2:27am
last friday ended with losing.
last week result :
4Losing trade, 1 winning trade.
Ended with -28 pips.
  • #732
  • Jun 5, 2017 5:55am Jun 5, 2017 5:55am
today ended with loss..
loss 10 pips ..
  • #733
  • Jun 5, 2017 11:31am Jun 5, 2017 11:31am
Hi Zentrader8
I've been reviewing this system. I have had the same results as you last week and today, they seem to be letting us put a trade on, and then spiking it the other way. It's as if they're playing with us,
so I've checked the last 20 days because I notice something, I think for the next week ,
I'm going to try using the red and the blue line indicator, but I'm going to set it up on the 9 o'clock candle and going to set a buy and a sell trade and use the blue and red lines for my stops the minutes one of the trade is live I'm going to close the other one, I have checked the last 20 days and if I was using this method. I would have only had three losing trades.
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  • #734
  • Jun 5, 2017 12:10pm Jun 5, 2017 12:10pm
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  • #735
  • Jun 5, 2017 12:29pm Jun 5, 2017 12:29pm
[Quote = redfan; 9944785] Hola Zentrader8 he estado revisando este sistema. He tenido los mismos resultados que la semana pasada y hoy en día, parece que están dejando que nos ponemos un comercio, y luego clavar la otra manera. Es como si estuvieran jugando con nosotros, por lo que he comprobado en los últimos 20 días, porque noto algo, creo que para la próxima semana, voy a tratar de usar el rojo y el indicador de línea azul, pero estoy va a configurarlo en la vela de la mañana 9 y va a establecer una compra y un comercio de venta y el uso de las líneas azules y rojas para mis paradas los minutos uno de los comerciales es en vivo voy a cerrar el otro, he comprobado los últimos 20 días y si yo estaba usando este método. Yo solo he tenido tres operaciones perdedoras. {Imagen} {image} {image} {image} {image} {image} {image} {image} {image} {image} [/ quote]

Good. I put the same. Look my settings in the indicator. It´s ok ?
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  • #736
  • Jun 5, 2017 1:40pm Jun 5, 2017 1:40pm
Quoting fibo38
[Quote = redfan; 9944785] Hola Zentrader8 he estado revisando este sistema. He tenido los mismos resultados que la semana pasada y hoy en da, parece que estn dejando que nos ponemos un comercio, y luego clavar la otra manera. Es como si estuvieran jugando con nosotros, por lo que he comprobado en los ltimos 20 das, porque noto algo, creo que para la prxima semana, voy a tratar de usar el rojo y el indicador de lnea azul, pero estoy va a configurarlo en la vela de la maana 9 y va a establecer una compra y un comercio de venta y el uso de las lneas...

Yes, that is the 8 o'clock UK time candle, my broker is two hours ahead of me, so it is my broker's 11 o'clock candle,
  • #737
  • Jun 6, 2017 4:04am Jun 6, 2017 4:04am
Today ended with winning trade.
earned 12 pips today.
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  • #738
  • Jun 6, 2017 4:10am Jun 6, 2017 4:10am
Quoting zentrader8
Today ended with winning trade. earned 12 pips today. {image}
yes me 2
  • #739
  • Jun 6, 2017 4:11am Jun 6, 2017 4:11am
Day 1 of test.
note; red and blue line open at the close of 9.o clock candle.
I Have buy stop and a sell stop, Just outside of red and blue lines
i will close one if the other one is hit, i will place a stop then,
let see how it go,
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  • #740
  • Jun 6, 2017 4:23am Jun 6, 2017 4:23am
Quoting redfan
{image}
yes, actually you also can use that method. But using the blue line and red line as stop loss will make the stop loss unfixed on numbers means sometimes it can be small and sometimes can be big.And also, i think if you use the method, somehow it will also have the bad week like this method.
maybe it better, or maybe it can be worse.I think this original method will have better week, and i just try to accept it, because no holy grail, sometimes system fails,sometimes it works.
just accept the lose, and trade to wins more.
The important things is in long run we have to win.
if you want to use it, i suggest we have to research it more , try it for forward test.
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