Hello mitroiano Your point is valid, another trader called Cfudge had a similar observation when backtesting on the daily charts. (You will find his data when you read the thread from the beginning.) The idea with split positions is to use the 2nd, ...

Simple H4 Mobile Trading System

Hello Syedtaimur Yes. I move the SL of the 2nd position to BE (Fib100), only once position #1 reaches its TP level of fib150. Like this: 1. Open 2 x positions, each risking 2% 2. When position #1 reaches Fib150, it closes, and banks 1% of capital. ...

Simple H4 Mobile Trading System

Hello Filip 39 When backtesting, i trade like a robot. I don't care about body colour of previous candle. I trade it when it meets the following criteria (all candles except African Time midnight and 4am). 1. High and low exceeds previous candle, ...

Simple H4 Mobile Trading System

Happy New Year to all I did a backtest on the month of Dec 2018 using the original Hzs10 strategy but with trading principles inspired by CFudge and RanilloVince. Results (in spite of one negative week) were great: 60% gain, risking 4% per trade. I ...

Simple H4 Mobile Trading System

Hello Shabu Nope, in the backtesting process i worked only with TP and SL. If price didn't make it to TP (fib 200) + spread, i added it to the 'lose' column. Only trades where price reached TP + spread were added to the 'win' column. Helena

Simple H4 Mobile Trading System

Hello Vince SL = high/low of signal candle (so mostly it's a pending order) TP1 = fib 150 TP2 = fib 200 and beyond Each order = 0.5% risk Correct yes/no?

Simple H4 Mobile Trading System

Hello cfudge Yes it was your backtest that inspired me to test the 4hr There are two differences however in how we tested: 1. i open the trade at the open of next candle, you open at high/low of signal candle 2. TP is 200 for me, else i worry the ...

Simple H4 Mobile Trading System

Hello to everyone Thanks Hzs10 for sharing your system and all traders posting their results. I've manually back-tested all 28 pairs on the 4hr chart for the period April - August 2018. I attach the results. I traded exactly as per Hzs10's rules, ...

Simple H4 Mobile Trading System

Hello Jomni Do you mean you only take trade when both conditions are met in the same formation, or you take either? Also, are you selective with the price action that preceded the engulfing bar, for example, engulfing bar is bullish but previous bar ...

Simple H4 Mobile Trading System

Good morning Thanks again Imi, Starpro, cfudge and Laval for your responses. Finally, success! I now have pivots on my charts! Here's how, for all the Mac users who may join the forum and experience the same challenge. I used "Pivots_Daily.ex4" ...

The Gorilla Method

Morning Starpro Thanks for your help. I get this part: File -> Open Data Folder-> MQL4 -> Indicators. But the files (.exe and .mql won't copy into that folder at all) I don't get this part: "open navigator" - you mean Mac Finder?

The Gorilla Method

Thanks for your reply Imi, this is what i do, no luck. I am checking with the broker, there must be a way

The Gorilla Method

Hello Traders Forgive me, i'm new. I am having above average difficulty installing the pivot indicator. I use mt4 on a mac powerbook, my broker is axitrader. Whatever i copy into the MQL folder in Program files doesn't show up. Anyone able to ...

The Gorilla Method