That is debatable.

Simple Daily Trend Reversal Trading System

Rules to buy: A green Zig Zag Arrow will appear. The MBFX Timing indicator is in the oversold zone (Below the 30% level) and indicating a green uptrend. The Trend Line indicator is showing green uptrend. When the candle crosses and closes above the ...

Simple Daily Trend Reversal Trading System

Start up your terminal and EA, this is a one time event even with upgrades to the EA or MT4 (trades are trades). Look at the charts of the pairs opened by the EA and if you do not like the entry point kill them off. This process will cost you a ...

Simple Daily Trend Reversal Trading System

You are right (at least on the first part of your question).

Simple Daily Trend Reversal Trading System

How can 1 have a trade opened @8:27:38 ? Definitely not a H4 bar close time.

Simple Daily Trend Reversal Trading System

Trades are taken inter-H4-bar. MA15 switch looks at the close of the previous bar (shift 1) What if previous bar closed on the right side but the current price isn't on that side anymore.

Simple Daily Trend Reversal Trading System

But your are not trading on candle close but current price (open candle).

Simple Daily Trend Reversal Trading System

"When the candle crosses and closes above the 15 SMA up from below, and only if the trade is still confirmed by the 3 indicators." I think that one is missed. Not the SMA15 but the candle closed.

Simple Daily Trend Reversal Trading System

If S&R provides re-entry it works also but is more difficult. You set a zone around a s&R level, exit when x pips away but re-enter when y pips above/below and next S or R is minimal xyz pips away.

Simple Daily Trend Reversal Trading System

This is basically what i am going to do next week. And if the euro want to set a new weekly high that is okay with me but not on a friday and not while i am trading so i was already out.

Simple Daily Trend Reversal Trading System

Two areas of concern 1. Profit leak on full auto. 2. Major DD. That DD could have been solved by the SandR filter (we will see next week). Profit leaks well, that is the exit. For now i have used the notorious repainter Cycle identifier. Exit when ...

Simple Daily Trend Reversal Trading System

How knew that the sterling would join the euro on German news... Btw. i quit for this week (before the friday reversals). Two days of ea entries and manual exits (this because i saw the system letting the first 100 pips slip away). As always ...

Simple Daily Trend Reversal Trading System

I always place my SL's at the bottom (buy) or top (sell) of the S/R box. Just to give the trade the needed leeway. Btw. i forgot to mention that you can now drag the add lines to the other side of the price thus making them a kind of counter add. ...

FXM and TTM

I am not using it, just showing you how it is programmed by ebeckers. Daily 200 sma on H4 chart (yellow line).

Simple Daily Trend Reversal Trading System

Buy H4 @ 14:00 GMT yesterday but the sma used is D1 double ima200 = iMA(symbol, PERIOD_D1, 200, 0, MODE_SMA,PRICE_CLOSE, 1);

Simple Daily Trend Reversal Trading System

SMA is correct (purple line). Period D1, Mode SMA, price closed, shift 200 (as programmed).

Simple Daily Trend Reversal Trading System

I think that the best solution is mrdfx's original manual trading. The systems signals are just to slow for automated use (until now).

Simple Daily Trend Reversal Trading System

For the mrdfx manual traders. Find the cycleidentifier indicator (bottom window). Almost same entry points (just a bit sooner) but you can use it for exit/reentry signals.

Simple Daily Trend Reversal Trading System

DWMRanges from url

Simple Daily Trend Reversal Trading System

@ebeckers Any change on getting a column for manual traders (auto off) with the time (date) when the signal was raised ? Handy when you start trading lower timeframes. Higher does not matter that much. Example a stale usdchf buy not worth looking at ...

Simple Daily Trend Reversal Trading System