Taipan's Super Trend Setup

[taipan]

Loaded the 22nd August Template setup last week after it was posted and it's just closed a bunch of trades with the account down about 14%

Your results will depend on the timing you have launched, my result is different from yours.
Here is the result of today 27August2019:

2019-08-27_1003_10K_demo_account_27082019.png

[Ehrenmat]

Hi Mat,

We need more details. Appreciate you can elaborate with example charts if possible.
Thanks in advance.

Hey taipan,

unfortunately, I'm busy with a lot of other things. To write this down with charts included, I need an hour or two. I think in about a week I have that time. But I will do so as soon as possible.

Sorry for that delay!

Cheers,

Mat

:hi:

[taipan]

Hi Mat,

We need more details. Appreciate you can elaborate with example charts if possible.
Thanks in advance.

Hey taipan,

unfortunately, I'm busy with a lot of other things. To write this down with charts included, I need an hour or two. I think in about a week I have that time. But I will do so as soon as possible.

Sorry for that delay!

Cheers,

Mat

:hi:

Hi Mat,

Take your time, no hurry at all.

cheers,
taipan

[taipan]

Yes thanks for the help any reason you used the 1H timeframe? Just curious :youknow:

Hey c1borg,

I used the Donchian Channel Indicator for a better comprehension of how the Peak HiLo Indi gets to its signalling cascade. Just type in the 1682 bars for the H1 timeframe. This is the standard parameter of Peaky.

At the very outer rims of the Channel or Peaky, prices tend to reverse spontaneously while taipans setup is in a full trend into this outer rim. Therefore, Peaky blocks exactly those sections in this modification and only allows the price reversals. I don't have a screenshot or sth at the moment but if it is still unclear, I can write it down in a more detailed version.

Just shout out if you need more info!

Cheers,

Mat

:hi:

Hi Mat,

Appreciate you can create a TDesk Universal Buffer Drone set file for ay-Donchian Channel when the price candle is above the middle line of the indicator. This middle line will represent the price break out of the trend.

2019-08-28_1101_ay-donchian_channel_chart_GBPNZD.png

Thank you in advance.

[Ehrenmat]

Hi Mat,

Appreciate you can create a TDesk Universal Buffer Drone set file for ay-Donchian Channel when the price candle is above the middle line of the indicator. This middle line will represent the price break out of the trend.

Thank you in advance.

Hey taipan,

this would be kind of an anti-Peaky strategy which never showed good results for me... but that are just my two cents.

Anyways! Here is the set file. If I understood your request right, the TDesk Signal shall be LONG as soon as the price is above the channel mid and vice versa!?

Wish you success!

Cheers,

Mat

:hi:

[taipan]

Hi Mat,

Appreciate you can create a TDesk Universal Buffer Drone set file for ay-Donchian Channel when the price candle is above the middle line of the indicator. This middle line will represent the price break out of the trend.

Thank you in advance.

Hey taipan,

this would be kind of an anti-Peaky strategy which never showed good results for me... but that are just my two cents.

Anyways! Here is the set file. If I understood your request right, the TDesk Signal shall be LONG as soon as the price is above the channel mid and vice versa!?

Wish you success!

Cheers,

Mat

:hi:

Thank you for your amazing work. Will report later on if success.

[taipan]

Steve, Desky EA stopped after the last TP. 4 of my GP demo using the Desky EA refused to open up trades today. I don't have such problem last few weeks. Any body facing the same problems?

I am attaching my Desky set file here.

Desky EA v3t 29082019.set

[yszty]

Hi Taipan

Nope. Desky EA opened GBPNZD Long 5 min ago

I have your set with first post.

Regards

:hi:

[taipan]

Steve, Desky EA stopped after the last TP. 4 of my GP demo using the Desky EA refused to open up trades today. I don't have such problem last few weeks. Any body facing the same problems?

I am attaching my Desky set file here.

Sorry, the EA started to trade just now. Please ignore this post.

[Robyn]

Hi Taipan,

Firstly, thank you for sharing your setup. I loaded it up on my VPS a few days ago using your set files from 22 August, and I have a question regarding the Desky set file. Are you currently using the same Desky set file for your $5k demo and $10k demo? Reason I ask is because I notice that you have basket closure set at 2% of current balance, and this would obviously be a totally different target for a $5k account vs a $10k account, etc. As the account grows this target would be harder to reach, unless you use a lot size increase per balance, but I see you haven't enabled that. Is there a reason for this? What would you say your findings are with regards to what is working better currently - the smaller account or the bigger one?

Another thing, I'm not sure if my setup is working the same as yours. I was also flat yesterday morning on my account, but then I did not get any GBPNZD trades at all, like you mentioned. I currently only have the following open as in my screenshot below. Perhaps it has something to do with the Desky version I am currently using? Not sure.

Anyway, thanks again for all your hard work on this. Seems promising for sure

Untitled.png

Robyn