My third formula looks for strong reversal signal only, and it's all based on OHLC of previous several candlesticks.

EURUSD Trader's Journal

Firstly, I checked June 18th - December 2014, didn't see any false signal (which is weird, I think). Then I checked for longer periode, yet still didn't see any false signals. I've checked from January 2010 - Today.

EURUSD Trader's Journal

updated version of my indicator (third formula) for H4 TF image So far, the most accurate one is signal from red arrows. I've checked the chart manually from January 2010 to Today. It's never give false signals within those 4 years periode. But I ...

EURUSD Trader's Journal

trying to make my indicator (third formula) works on H4 TF image less stress, more green pips!

EURUSD Trader's Journal

I'll let you know once I'm done backtesting there Sorry, but I'm not here to share the formula directly. However, you can learn to analyze how some specific candle formed. First, try to define pin bars and how they are formed. Thanks buddy, I'll ...

EURUSD Trader's Journal

My indi has produced some signal on GU, I didn't see it because I haven't added alert function. image Those yellow arrows produced my third formula, the blues is a work in progress. *I don't trade until January 5th 2015

EURUSD Trader's Journal

I haven't tested it yet

EURUSD Trader's Journal

currently working on my indicator (no repaint) based on my Third Formula with a few revisions. image arrows : generated by my indicator green checklists : right signals white circles : false signals white lines : profitable trades yellow ...

EURUSD Trader's Journal

There's no FBS in the broker list. Sure, this is how my EA works on GBPUSD, view fullsize to see more details. image image

EURUSD Trader's Journal

really? that's really weird. then what do you call this? image it's true that my EA only aim for 5.8 pips, that's because it's never intended to be a fully automated system. It needs human intervention. It's true purpose is to find the best entry ...

EURUSD Trader's Journal

what I meant is did you find that most of the trades the EA took is strong reversal signals?

EURUSD Trader's Journal

I just came accross your threads (the previous and this one), it's really interesting!! It seems like more people have found their own trading style. Keep up the great work buddy!

Rel's Evaluation

I tested it on GBPUSD, it works, but not as good as on EURUSD. I haven't tested it on other pairs. It might works on other pairs too, but the rules will be very strict as those pairs have their own characteristics. Have you backtested it in visual ...

EURUSD Trader's Journal

Looks like I'll take a break and won't trade until January 5th 2015, but I'll try to keep the thread update if possible. For the following weeks, I'll be working on my EA and indicator for my Third Formula. So far it took 2 trades only in forward ...

EURUSD Trader's Journal

I'll post the EA later, currently revising all code.

EURUSD Trader's Journal

Current price already below 1.22705, that's mean the TP has been hit (even tough I closed my positions before it got hit). Have a nice weekend!

EURUSD Trader's Journal

I've closed my positions (following my Master's account). image Today ROI 5%

EURUSD Trader's Journal

*still watching my Master's account

EURUSD Trader's Journal

Sure, what's the broker name?

EURUSD Trader's Journal

my master set his TP at 1.22716 but I'll leave my positions at 1.22705. FYI, my master currently only use this second formula for all his trading accounts.

EURUSD Trader's Journal