Moving Day Adapted's Gone Trendy

Moving Day Adapted's Gone Trendy

Postby SteveHopwood » Mon Jun 29, 2020 2:04 pm

SERIOUS WARNING
  • Most Forex traders lose all their money.
  • Using the robot posted here in trading Forex does not guarantee success.
  • Trading this robot could lead to serious financial loss.
  • Trading this robot without understanding its underlying trading strategies guarantees traders will lose their money.
  • At best, a trading robot is only 90% as good as the manual strategy it trades. At best. At worst, it can be much less effective. If the strategy is rubbish, so is the robot.
  • To trade this robot, you have to understand:

MAKE SURE YOU READ THIS POST http://www.stevehopwoodforex.com/phpBB3/viewtopic.php?p=111241#p111241 There was a Forex bloodbath on Jan 15th 2015 that you need to know about. This sort of Black Swan event can happen at any second.

This one is the brainchild of Coenraad, user name zaguy. This is his method:
  • Use a 21 period EMA set to the close price:
    • The market is trending long if the low of the previous 5 candles is above the moving average.
    • The market is trending short if the high of the previous 5 candles is below the moving average.
    • Any mixture means the market is ranging, so no trading.
  • Send a stop and a limit order, x pips away from the market. Taking buying as an example:
    • The market falls and fills the limit order: delete the stop order and add the buy stop grid in the normal way.
    • The market rises and fills the stop order: delete the limit order and add the buy stop grid in the normal way.

Every thing else is Moving Day. I adapted SPB to create MD in the first place, so read SPB's user guide if you are unsure of any of the usual inputs.

There are inputs that allow you to customise the moving average; they should be obvious. Remember that you will need all the TDesk stuff even if you are not going to send signals to it.

Follow along with this demo if you are running out of demo room:
Login: 2188055
Investor: zyzn8ie


:xm: :rocket:


Matters of general interest
Go here to download and run the script that will fill your platform's missing chart history: http://www.stevehopwoodforex.com/phpBB3 ... f=15&t=254
Read this post:
http://www.stevehopwoodforex.com/phpBB3 ... p?f=6&t=78 Newbie traders, read this for inspiration and warning. Those of you who have suffered losses, read it for inspiration.

Masterly summary of hedging: http://www.forexfactory.com/showthread. ... ost4977179

EA coding
I receive may requests to code EA's. Traders, if I code your EA for free, then I will share it here. If you want me to code your EA without sharing, then my fee is $100 payable into my paypal account. I explain why at http://www.stevehopwoodforex.com/phpBB3 ... ?f=15&t=79, at the bottom of the post.

Useful utilities/EA's/scripts
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Read the effing manual, ok?

Global Prime is the official SHF broker. Click here to sign up for a live account with Global Prime and join the several thousand SHF members who wisely choose GP as their broker of choice.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected] is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Tommaso (milanese) for all the incredible work he does here.
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Moving Day Adapted's Gone Trendy

Postby Wavegarrick » Mon Jun 29, 2020 4:41 pm

This is a step in the right direction :good:

Thanks, Steve and Coenraad.

Cheers
Leon
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Wavegarrick
 
Posts: 1100
Joined: Sun Dec 30, 2012 11:21 am
Location: South Africa

Moving Day Adapted's Gone Trendy

Postby SteveHopwood » Thu Jul 02, 2020 2:18 pm

Two new toys folks. Read the overview at SteveHopwood @ Trendy Moving Day Adapted Overview

:xm: :rocket:
Read the effing manual, ok?

Global Prime is the official SHF broker. Click here to sign up for a live account with Global Prime and join the several thousand SHF members who wisely choose GP as their broker of choice.

I still suffer from OCCD. Good thing, really.

Anyone here feeling generous? My paypal account is always in the market for a tiny donation. [email protected] is the account.

To see The Weekly Roundup of stuff you guys might have missed Click here

My special thanks to Tommaso (milanese) for all the incredible work he does here.
User avatar
SteveHopwood
 
Posts: 9095
Joined: Tue Nov 15, 2011 8:43 am
Location: Misterton - an insignificant village in England. Very pleasant to live in.


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