Sorry, I fully understand now. Yes this would be definitely an idea worth trying out. I only used 85 to allow me to measure draw-down without being stopped out.

Simple Daily Trend Reversal Trading System

Isn't the purpose of using the zigzags solely for take profit? Do you mean, use zigzag unless the OrderTS1Trigger is closer? I may have gotten myself confused here.

Simple Daily Trend Reversal Trading System

OrderHiddenSL - 85 = This is the stop loss, under trailing stop loss setting. I advise you to play around with the settings and stop loss/trailing stops to suit your own MM.

Simple Daily Trend Reversal Trading System

Some information here on how it calculates: url

Simple Daily Trend Reversal Trading System

Is there a particular rule in using only Weekly or Daily levels, 3000 bars in the past? Are 7 year old resistance levels relevant in today's price movement? (excuse my lack of knowledge in this department) There are a few variables to play with in ...

Simple Daily Trend Reversal Trading System

This is purely using your wonderful EA good Sir, and mrdfx's strategy! No intervention at all, I thought I'd let this run full auto and see how it goes. I've amended some of the time filters, to LO, NY close. Quite a conservative TP/TS.

Simple Daily Trend Reversal Trading System

Considering the low volatility and low liquidity in the markets over this holiday period, the results in the last few days have been good. Attached are settings for this strategy.

Simple Daily Trend Reversal Trading System

Good thread for s&r indicators and input url

Simple Daily Trend Reversal Trading System

@ebeckers One that I think is quite popular here on the forums.

Simple Daily Trend Reversal Trading System

This could be a very interesting idea, combining CCFp to filter trades. I would be very interested in testing this, should this potentially come to fruition. Obviously we don't want to detract from the original strategy, and sometimes it is best to ...

Simple Daily Trend Reversal Trading System

Definitely, this is a combination of boredom over the holiday period, and curiosity to see how the rules apply during low volatile/ranging periods. It will assist in planning future trades during similar periods.. i.e. summer can be relatively ...

Simple Daily Trend Reversal Trading System

So far two buys, with 38 pips in green.

Simple Daily Trend Reversal Trading System

Yes, however this is fully untested, this may be a poor setting. This is why we test .

Simple Daily Trend Reversal Trading System

Yes, if you are following the default settings my mrdfx

Simple Daily Trend Reversal Trading System

Testing two strategies so far, v1 - Settings found here: url v2 - Settings below for those interested. Main differences is SMA200 is True, StopLossAtZigZagArrow is True, ZigZagCandles is set to 50. Time filter is set to 24hr. The reasoning was to ...

Simple Daily Trend Reversal Trading System

Yellow Trend Arrow means NOT YET VALID. Only when it turns green it becomes valid.

Simple Daily Trend Reversal Trading System

I can see how this works, but I think in reality, with the example you've given, you'll struggle to find many traders that will hold onto trades for 30 days +. The potential for a ridiculous draw-down is also relatively high.

Simple Daily Trend Reversal Trading System

Thanks for the work on this indicator, and videos. Very helpful for those who learn visually, and indicator will help in scanning/training the mind to pick up on these various movements. Subbed, and keen for the updates!

Price Action System/Indicator

Good results with EA auto trade today, with the following settings. The main changes are the SL and OrderTS settings, as well as the timing filter used. I'm testing relatively conservative take profit, my SL is probaly quite larger than I'd like, ...

Simple Daily Trend Reversal Trading System

Interesting post, could you elaborate on how this trend filter works? What algorithm it uses?

Simple Daily Trend Reversal Trading System