MathiasJ » Thu Sep 29, 2016 8:26 am wrote:
I am looking forward to your results as I think that once the strategy is found then it can be configured in the EA.
But I think that Gekos dashboard is a really good one to watch for patterns.
Myself I am adding the DIDI indicator to your strategy in order to be more selective with the trades.
Then I also add some News filtering to avoid currencies with high impact news in near future.
We indeed have an interesting autumn to do investigations on.
BR
Mathias

Zennor » Thu Sep 29, 2016 8:18 am wrote:My trades were all closed out for some unknown reason for a loss.. Not sure why but one thing is quite evident, when the markets move sideways this method gets hammered..

Am now going to take a long hard look at this and instead of hammering the market with a sledgehammer maybe we take a scalpel to the markets with something like Geko's dashboard..

Already have a few basket trading ideas with this tool but will test and post.. A quick test of one of my ideas produced a decent profit today but requires more testing.

This does not mean the method posted is dead we really need an EA to test this method more fully but given the signals that CSS deliver I still believe that there is a low DD decent profit system to found..

Forward testing just one time frame and one market opening time is very slow and laborious hence the need for an EA to test on multiple demo accounts.

To that end I will no longer be forward testing my system but will utilise my time and efforts into trading basket trades utilising Geko's dashboard as I feel that at this moment in time this is a better use of my time.

KeithM » Thu Sep 29, 2016 4:19 am wrote:
Hi Zennor.

You have really opened up some great potential with this system. After seeing the basket heading south yesterday I started to only trade in the direction of H1 and H4 CSS and today it hit target. I will start testing only trading your original method but using H4 as a filter. EA will be great also with removing some of the notorious pairs.

Cheers

Keith

TraderJoeForex » Thu Sep 29, 2016 10:40 am wrote:

KeithM » Thu Sep 29, 2016 4:19 am wrote:
Hi Zennor.

You have really opened up some great potential with this system. After seeing the basket heading south yesterday I started to only trade in the direction of H1 and H4 CSS and today it hit target. I will start testing only trading your original method but using H4 as a filter. EA will be great also with removing some of the notorious pairs.

Cheers

Keith

I agree will make a big difference using H4 as a filter. I would also suggest that if an EA is coded to run this then ideally add M15 too.

Entering after the first closed M15 bar where M15, H1 and H4 are all same colour following the relevant session open almost always follows through with strong momentum and perhaps instead of a basket close why not just close each pair individually as soon as M15 changes colour back.

This will only be a short ride on each pair but almost guarantees positive pips on every trade. Ok there will be some with indecision and break even or small loss but the winners will have much bigger moves than the losers.

I trade this approach manually as per my recent posts in the Baluda CSS thread but just one pair at a time to jump in and out when I already have a longer term view. I would LOVE to trade this strategy multipair and happy to chip in some ££ to get this coded now off Geko's dashboard if anyone else is interested in taking this forward? and to share here obviously.

I would suggest the following:

Trade all pairs
Only one trade per day per pair
Only trade once the signal conditions are first met following the relevant session open with option to turn individual sessions on or off for trading.
Signal conditions are first M15 bar closed with M15, H1 and H4 SuperSlope changed colour.
No SL or TP but exit once M15 Superslope closes opposite colour and/or optional basket close
Dynamic lot sizing based on ATR


....thoughts?

marcoFF » Thu Sep 29, 2016 9:54 am wrote:
In

TraderJoeForex » Thu Sep 29, 2016 7:40 pm wrote:
I agree will make a big difference using H4 as a filter. I would also suggest that if an EA is coded to run this then ideally add M15 too.

Entering after the first closed M15 bar where M15, H1 and H4 are all same colour following the relevant session open almost always follows through with strong momentum and perhaps instead of a basket close why not just close each pair individually as soon as M15 changes colour back.

This will only be a short ride on each pair but almost guarantees positive pips on every trade. Ok there will be some with indecision and break even or small loss but the winners will have much bigger moves than the losers.

I trade this approach manually as per my recent posts in the Baluda CSS thread but just one pair at a time to jump in and out when I already have a longer term view. I would LOVE to trade this strategy multipair and happy to chip in some ££ to get this coded now off Geko's dashboard if anyone else is interested in taking this forward? and to share here obviously.

I would suggest the following:

Trade all pairs
Only one trade per day per pair
Only trade once the signal conditions are first met following the relevant session open with option to turn individual sessions on or off for trading.
Signal conditions are first M15 bar closed with M15, H1 and H4 SuperSlope changed colour.
No SL or TP but exit once M15 Superslope closes opposite colour and/or optional basket close
Dynamic lot sizing based on ATR

....thoughts?

KeithM » Thu Sep 29, 2016 10:05 am wrote:
Hi Trader Joe

I am very interested and willing to chip in $AUD . I will do some visual back testing but like what you propose

Cheers

Keith

TraderJoeForex » Thu Sep 29, 2016 10:16 am wrote:
Here's an example from my GJ trade last night. I couldn't hold until the M15 colour change as was going to bed after a long journey. The 55pip bite I got was only half what was on offer with these rules and that's just one pair!

TraderJoeForex » Thu Sep 29, 2016 11:16 am wrote:Here's an example from my GJ trade last night.