MTF Trading System - fxozgirl Higher Time Frame spinoff

Post by **fxozgirl** » Mon Sep 22, 2014 9:21 pm

Current balance: $6231.97
Floating balance: $6245.70 (approx +35 pips)

Current open trades:
AUDNZD Sell 22/9 +35 pips

3 new trade set ups this morning:
AUDUSD Sell
Re-entry trade into an existing down trend
1 pull back candle, followed by 2 closed candles in the direction of the trend
3SMMA is below 8SMMA
Trigger candle has closed below 3SMMA
Multi MA - 4 red dots

audusd_daily(3)_mtf.png

NZDUSD Sell
Re-entry trade into an existing down trend
Same conditions as the AUDUSD

nzdusd_daily_mtf.png

USDCAD Buy
Re-entry trade into an existing up trend
1 pull back candle, followed by 2 closed candles in the direction of the trend
3SMMA is above 8SMMA
Trigger candle has closed above 3SMMA
Multi MA - 4 yellow dots

usdcad_daily(2)_mtf.png

Post by **zader** » Mon Sep 22, 2014 9:39 pm

fxozgirl » Mon Sep 22, 2014 8:45 pm wrote:
I think there is some confusion here zader...I will check post 1 in case I have not been clear enough

Again...exactly how I trade, wait for the candle to close before a trading decision is made.
Once a week I check the weekly charts on Monday morning open of trading to see the direction for the week, then trade each morning if the set up is there.

If anything it'll be me maybe not making myself clear, looking at your AUDNZD trade taken today it was on the open of the current candle with a chance of the multi ma's changing colour, my EA checks the close of the candle so D1 89ema was still blue. My EA took the open of the circled candle>

audnzd.png

Does that make sense?

Post by **fxozgirl** » Mon Sep 22, 2014 10:00 pm

zader » Tue Sep 23, 2014 7:39 am wrote:
fxozgirl » Mon Sep 22, 2014 8:45 pm wrote:
I think there is some confusion here zader...I will check post 1 in case I have not been clear enough

Again...exactly how I trade, wait for the candle to close before a trading decision is made.
Once a week I check the weekly charts on Monday morning open of trading to see the direction for the week, then trade each morning if the set up is there.

If anything it'll be me maybe not making myself clear, looking at your AUDNZD trade taken today it was on the open of the current candle with a chance of the multi ma's changing colour, my EA checks the close of the candle so D1 89ema was still blue. My EA took the open of the circled candle>

Does that make sense?

haha yes, definitely you are correct...I've just checked back at my screen shot and I broke my own rules

The very bottom dot on 'my' trigger candle was yellow. (Perhaps I should wear my glasses when trading lol) Technically the trade should have been taken today oops

Post by **trader689** » Mon Sep 22, 2014 10:47 pm

thanks zader for uploading, thats great. will fire up this up now. when you say its for demo use only is that a suggestion or is it actually locked to demo accounts.

zader » Mon Sep 22, 2014 4:45 pm wrote:
trader689 » Mon Sep 22, 2014 1:42 pm wrote:impressive stuff zader, any more information you can provide about the EA?
If you've read Shelleys rules in post 1 there's not much to say, I think the only difference is I set it to only work on closed candles so as not to get any false/early signals, this might leave some pips on the table but could also save some only time will tell.
I was most familiar with the Fractalated Bob code so butchered that to get it working and when I say butchered I'm not being modest, as a coder I've gone from completely useless to where I am now at mostly useless.
Happy to share it here unless Steve delete's it for what I've done to his code.

FOR DEMO USE ONLY!!

Post by **intcust** » Tue Sep 23, 2014 1:57 am

I am in the aud nzd sell. But my weekly arrow is up. It is set to 8/3. Do I have something wrong??????????

Cherry · Post by **Cherry** » Tue Sep 23, 2014 2:25 am

Hi intcust, yes according to John's original directions the cross over indicator should be set to 1 and 20.
the 3 and 8 are for the ma's on the chart.

Cherry

Post by **zader** » Tue Sep 23, 2014 6:41 am

trader689 » Mon Sep 22, 2014 10:47 pm wrote:thanks zader for uploading, thats great. will fire up this up now. when you say its for demo use only is that a suggestion or is it actually locked to demo accounts.

Only a suggestion, honestly I would hate for anyone to lose real money from some coding error I've made and so far it's only been running on my demo account for 1 week, no where near enough testing to trust it live.

Post by **zader** » Tue Sep 23, 2014 8:58 am

Just a heads up, looking at the trade history and see an AUDJPY buy trade closed even with the weekly trend still up, close look through the code and I see it was set to close on Daily trend change not weekly

just something I was trying and forgot to change back, looks to have saved a few pips but its not according to Shelleys rules. This one has weekly trend change close or you can stick with daily, I'll make one that both and you can choose which one to use later.

fxOZgirlEA.mq4

Post by **fxozgirl** » Tue Sep 23, 2014 9:09 pm

zader » Tue Sep 23, 2014 6:58 pm wrote:Just a heads up, looking at the trade history and see an AUDJPY buy trade closed even with the weekly trend still up, close look through the code and I see it was set to close on Daily trend change not weekly just something I was trying and forgot to change back, looks to have saved a few pips but its not according to Shelleys rules. This one has weekly trend change close or you can stick with daily, I'll make one that both and you can choose which one to use later.

thanks for sharing your EA Zader and your results are pretty awesome

To everyone else, zader coded this EA if he is unsure of his code than I would definitely suggest you heed his advice to NOT use on a LIVE account

Post by **fxozgirl** » Tue Sep 23, 2014 9:17 pm

fxozgirl » Tue Sep 23, 2014 7:21 am wrote:Current balance: $6231.97
Floating balance: $6245.70 (approx +35 pips)

Current open trades:
AUDNZD Sell 22/9 +35 pips

Current balance: $6231.97
Floating balance: $6312.70 (approx +100 pips)

Current open trades:
AUDNZD Sell 22/9 -22 pips
AUDUSD Sell 23/9 +27 pips
NZDUSD Sell 23/9 +60 pips
USDCAD Buy 23/9 +32 pips

New trades taken today:

GBPJPY Buy
Re-entry trade into an existing up trend
1 pull back candle, followed by 2 closed candles in the direction of the trend
3SMMA is above 8SMMA
Trigger candle has closed above 3SMMA
Multi MA - 4 yellow dots

gbpjpy_daily(2)_mtf.png

GBPNZD Buy
Re-entry trade into an existing up trend
1 pull back candle, followed by 2 closed candles in the direction of the trend
3SMMA is above 8SMMA
Trigger candle has closed above 3SMMA
Multi MA - 4 yellow dots

gbpnzd_daily(3)_mtf.png