{quote} Perfect. I'm on holidays. I'll read it as soon as I'll come back home but I'm not a software coder.... I hope for a software guru intervention...
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I wish you a nice vacation.
Please excuse the bad English via Google Translate.
Hi Password,
i dont speak english very well and i dont undestood all post until here
Please can you attach here the last EA and the last candel indicator ?
Thanks
Armyda
As this system works on any timeframe, IMHO we should condider something that works on any timeframe i.e. 10 pips on a daily chart is not a good TP nor SL
{quote} No, SL=TP= Body candle lenght As this system works on any timeframe, IMHO we should condider something that works on any timeframe i.e. 10 pips on a daily chart is not a good TP nor SL
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Exactly this is how I am trying to trade this strategy. Because winning rate above 60-70% on 5 min tf - 60 candles. but for this it require well programmed ea. Eas available here are not opening trades even after DSP candle crossover.
Password thanks for bringing us this thread. Here is the EA i wrote for the system based on the rules in post #1. It is locked so only runs on demo accounts and only until the end of January. Please don't ask questions on how to load it and use it, use Google! It is set by default not to trade but to act as an indicator so finds last DSP candle and draws lines for you and the 24hr history box based on NumBars. It doesn't use any indicators all calculations are done internally. The settings are outlined below: SignalOnly=true; //Stops trading and...
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Hi,MAGFT
is possible later to get your EA in real account?
thanks
Armyda
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Joined Dec 2013
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Status: Heatball User
|23 Posts
Built an EA over the last weekend and checked the EURUSD from 2011 on. Based on the original rules the strategy ist NOT PROFITABLE, but I still think that the idea itself is good so that some work on the RM/MM rules and filters from higher timeframes, checking resistance and support levels e.g. might result in a good one.
Anyone who is interested in discussion about that can reach me on Skype.
Built an EA over the last weekend and checked the EURUSD from 2011 on. Based on the original rules the strategy ist NOT PROFITABLE, but I still think that the idea itself is good so that some work on the RM/MM rules and filters from higher timeframes, checking resistance and support levels e.g. might result in a good one. Anyone who is interested in discussion about that can reach me on Skype.
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Very True.... the Risk is too much.... some more expert filters needed.....
Built an EA over the last weekend and checked the EURUSD from 2011 on. Based on the original rules the strategy ist NOT PROFITABLE, but I still think that the idea itself is good so that some work on the RM/MM rules and filters from higher timeframes, checking resistance and support levels e.g. might result in a good one. Anyone who is interested in discussion about that can reach me on Skype.
By it's very nature in set up the trigger bar will hold support an resistance at it's open and close, if it is green and the open is Brocken and closed below then there are slot more than 10 pips on the table, if the longest candle has a close above there is great probability of a continuation....... Enter half position on close above and enter second half of position on a retrace into what would now be a two candle set up, ........... If taking position on break of low wait for close and enter half position, wait for retrace to enter other half .........both cases you can take profit at risk/reward 1/1 on one half move stop to break-even on second half and let that run until you see opposite price action the other way.......if you hit a good trend you could well be in at the start of a 2or 3day move add a 100 and 200 ma to your chart and use this for direction and s/r only trade above below or off of all on 1hour time frame ".....
Trade both side... it works wonder...see this gold H1 chart....
Sold at resistance and with PA you can master ...no hassles...no fuzz no rocket science needed ... just clear vision. forget the rest DSP is Best.....
Digamber Shankar PATIL's DSP Candle Strategy
