The above example worked very well (live). image

Yen Trader

BUY Example on NZDJPY H1 (live) - Simple Method image Initial Stop : when price hits the Red Line on Either Chart. SL Loss can be trailed by last 24 hour price on both charts (Major and USDJPY). EDIT : edited for corrected chart.

Yen Trader

Hi sfl, I made an EA (2 releases) for this "accurate" strategy in my Robots Lab based on a member's request some time ago, it starts here. Special notes here. Code is provided in the Lab if you like to compare. All the best, Khalil

Accurate Trading Strategy

Although these rules might be implied, it is better to include them in the EA: Signal Candle should close above MA for a buy, and below MA for a sell. Otherwise it is invalid signal. As we are buying retraces, the Signal Candle should not be above ...

More easy is impossible

I agree. Anyway, here is version 2 with MA filter. You can test different MA Periods/Methods in normal or reversed mode. MA period can be set to: positive value (e.g. 55, 100, 200 ... etc), in this case EA will take buy signals above MA, and sell ...

Fibonacci Expansion Trading System

Ramadan Kareem .Indeed. Don't worry Issam, PBA is on the way. I liked tokyo's system for its simplicity.

Fibonacci Expansion Trading System

IMHO only experienced traders with deep FA can beat an EA using the same mechanical system.

Fibonacci Expansion Trading System

Yes. I like to test the raw idea first. If it has potential, filters, MM, portfolio , MTF ... Can be added later.

Fibonacci Expansion Trading System

I managed to prepare a tester EA for FETS. I hope this will help you guys test, evaluate and improve FETS if required. This is a sample test on GU/H4 2015-2016. image

Fibonacci Expansion Trading System

True. We are on the same page.Let's hear tokyo's opinion on this.

Fibonacci Expansion Trading System

Referring to the char above, the entry will not be always @ AB×0.618 because in some cases the price at that point will not break point B. This can happen when BC is more than AB×0.618. Looking at different charts this happens quite often. ...

Fibonacci Expansion Trading System

oops ... I actually misunderstood the entry part. Its all OK now, thank you.

Fibonacci Expansion Trading System

Sure.I think the main issue will be in determining ABC points, specially C point. Just an idea: what if we divided our position into 3 trades at 38, 50 and 62% retracements of AB.

Fibonacci Expansion Trading System

Hi tokyo-reed, Thanks for sharing. May I ask what period was covered in your back test. I am in for possible automation next week maybe as I might have some free time then. Thanks again and all the best, Khalil

Fibonacci Expansion Trading System

Interesting. I wonder if you can elaborate more on this ?

How to identify ranging market?

20 for Majors (EUR/USD, GBP/USD, AUD/USD,USD/CAD,NZDUSD,USD/JPY) 25 for EUR/JPY 30 for GBP/JPY 35 for Gold

Need4Speed Scalping

Amazing hukam old buddy

Low Volume Candles

After running many tests I found out that the best option is to keep SL at the original place (swing high/low). Partial profit can be taken by closing half position at 2:1 Reward-to-risk or more, hence if the SL was hit the trade will end at BE or ...

High Reward to Risk Trading

Here is an updated version of "Close All Trades EA": Updates: Close by Time option Display of current EA settings Refresh Time input (was fixed at 2 seconds) ​

Robot Lab Project