TSFX - positively potential

Had about 2 days of the robot running on the desktop on 15m TF of few pairs. The result is positive and potential. Here are some reviews and suggestions.

The 1st open trade was a loss it hits SL. Te 2nd one was a win hitting TP. Since its 2x of SL then it was an overall win.

Currently there are a few hanging trades that are winning. Some are still running as it did not hit either TP of SL but its clearly showing the Stoch hitting the upper 80. So i think it would be appropiate to create an exit if trade is profitable and its above 80 for Sell and vice versa.

FX Dream is Coming to and END

Today is the last day of the subscription.
Why want to restrict myself with limitation in creating something . $33 for 3 months is not big money. I may not be on it all the time but the though that i can do so when i please is assuring.
Ok now i am left with 2 potential robots i want to discuss

trade12 5m Scalper
This is a scalping robot. Will open either buy or sell only when  the position is either up or below of the open daily line.
If the candle is on the upper side and it close above the e7 line and a long candle (min 1pip), it will open a buy candle. If it close below and c1 is a short it will also open a Buy candle. Vice versa for the short side.
MM is on sequential (ive been mistakenly naming it as Paroli which is not accurately true) at 1,2,3 and 0.01 lot.
Thou the TP/SL is at 20 pips. There is a closer if a trade is in profit at 3 pips. So less 1 pip on commission we are aiming for a 2 pips profit for each trade.
There is a parameter to limit the number of trades for each Buy and Sell. Default is at 5.
If the price cross the border, it will close opposite trades if there are any.



trade10
This is on the desktop. Its kind of a day trade.
There are only 2 possible trades (B&S) for the day. It can be only one if in profit or both if the first one happened to be a loss. If the 2nd ones win it will be a draw. If the 2nd one a loss it will be double whammy.
If the first trade wins, it will terminate the robot. So there will be no more trade for the day.
Both B & S have a one time counter, so if the 2nd one is triggered it no more trade for the rest of the day.
The target is only 20 pips. No SL but it will close trade if e7 crossed the border line.
MM is customary.
We will trade 7 pairs  hopefully the win will be end of day.
Also end of the day, any trade will be close and the robot reset the counter for the next day trading.

BOTH MUST BE ON LIVE ACCOUNT NEXT WEEK

Nothing is working as I hope for.. a long time

As the paid membership for fxdreema coming to an end, I still have not found my HG
Trade09 did not show any promise the short or the long version of it.

Trade07 - A revised on previous posting Moment of Brilliance

The chart is on 4 hr it shows 1 week trading days.
The horizontal white line is a weekly open line.
The horizontal line is daily open.
Emas line is 7

Strategy
Unlike the messy trade06, for 07 we are using Paroli sequence instead. The sequence is the same starting with 2.0 (could be too big if the acct is diminishing), reducing by 0.1 each trade finally ending at 0.1.
Same like T06 it has 20 trades sequence with 5 pips TP and no set SL.
The disadvantage than the its predecessor is that the mt4 must be on all the time if its to work. t6 can close and open themselves as they are on pending orders.




How it works (for Buy)
At the start of the day, the close of previous day candle (open of current day) is set
A buy trade is invoke when candle1 close above day open line and also above emas7.
Whenever the TP is reached it will open another trade just like other Paroli. It wont open other trade unless there is no trade running. It treats Buy and Sell differently.
It will close trades (as SL) when the opposite signals appear.
The trading will work from the wee start of the day to end of the day. Trades will close at end of the day by its own closing mechanism.

A moment of brilliance

This is after trying to find out how to make the trade more convincing.
I have checked it on various pairs and it all more or less shows the same thing.
This is me cherry picking a good trade example but all other pairs tend to show the same tendency. So this strategy applies.
This can be put into a robot to trade rather easily

You need an indicator which is a simple e14 line
This is a 1 hr chart where the dotted white line is the start of the day.
It started with a blue candle. A yellow horizontal line is drawn to indicate the border of the upper and lower side for the rest of the day.
We are to decide whether to Buy or Sell for the day or part of the day.
The SOP is.(for Sell)
1. Candle close in the upper border and close above the emas14.
2. emas 14 in the upper border (regardless is sloping up or down)
In the above case, no go until the candle dip down the border and close below e14 at the dashed red line.
At this point sell all the way. We may think of Paroli sequence or POs with SL: at the border or min 20 or 25 pips. In this case one candle hit it and it was only 16 pips far away.
So there is many ways to think of but we decided then that its only SELL.
Of course this is an ideal trend day, Some pairs may have haphazard Buy and Sell and that we will think  how to tackle.

Disastrous Outing

The first day and the first time trade 06 went for a day trade and it ended disastrously. There are some facts that now needs addressing
1. The dreaded day perfect trend happened on the 1st day itself with GU. It just pulled the Sell trade 2.0 lot right to the max completing all 20 of Buy trades. For this time I was there to shut the trade down before it eat more and more without a stop loss. This can be easily over come by having all trades with a 100 pips SL. But whats the point when the approach is risky than I had thought.
Heres some other not happy facts
2. The commission is actually substantial. How much ? Well from what was seen in GU its 20% of the profit of all the winning POs. Meaning that you need 20% to pay the broker and if that does not eat your profit then you are in profit.
3. This happen with UJ thou its make some bit of money at $50 but after adding commissions it profit turned to loss at $150.
So what makes UJ (lets for this discussion it was close to breaks even)
Buy only got to 1.7 but Sell at 1.3. End of the day both will show losses. But its BE when the closed profits managed to exceed that (al beit the comms)
UCd has $300 losses (comm added) and it ended at 0.6 Buy and 1.5 Sell.
Wait a minute more or less when things ended in the zone of BUY/SELL its only break even ? Well lets Post Mortem and see if this could be salvage. More or less we are hedging the trades with no direction.
4. If we were on the exact timeline when the trade open at the first minute of the day (not 30min as this one just to avid big early spreads but I am still not sure of its implications) But if it follows the true movement it would close both 2.0 and 1.9. The biggest loss would be on 1,800 (1.8 x 100) the beauty the winnings at $100 and $95 would be as profit. The loss would be $195 lesser and winning $195 more.
Here are the 3 pairs display

 1. GU

 2. UCd (no Buy/Sell arrows as the chart was accidently closed)

3 UJ

Here goes nuthin' the first SST1 had gone up as trade05

On the desktop platform of 467 with 3 pairs GU, UJ and UCd
Just like our experience with LBO when the robot is about to activate ensure the platform is set on the daily TF. If not it can go haywire.
Well dont have to discuss yet as i need to see the result first.
It was hard work as I had to create each POs individually all 40 of em !!
Dont know how it could work as MM is just as opposite of our LBO - small to big unlike big to small.
Here goes everything or nothing !
Will activate at 00:03 hours.

SSTS1 - some simple trading system or simple can be stupid

Based on the daily chart
Open a long trade if C1 was a buy stop loss at the lowest C1 or 30 which ever is bigger
Make a Sell PO at the end of C1 open with SL at its close (top).
If the Buy TP is hit delete pending order you got 30pips for the day of the Cp

Trade01 back to basics

Maybe trading the long time frame of even 4 hr is too much to follow so we get back to 15m
Only 1 indicator to decide which is the emas20
Buy
Candle close above e20
The last candle C1 is long cl higher than op (Not incorporate yet)
No SL but TP is still 10
Paroli at 1,2,3
make a unique lot like 0.13 so that it can be easily detected on history of trades

Closure
Close all opposite trades when close on the other side
Close if profit when close opposite candle color after bar close

Covid 3 Modifications

- Trades lots are now set at 0.12 (1) and 0.11 (2). This is so as identification will be easy when the trade history is saved without the comments.
- 2nd trades now have target of 15 as TP and SL. This will avoid tne trade to go indefinitely when the price turn.
- The 2nd trade will be activated when the 1st trade is either -20 in pips open (change from money) or +5 in profit (closed)
- It is decided to change to Pips rather than Money as equal emphasize can be given to any of the lots rather than 1/3 of the trade when compare 3x to 1x. But this may change back later as it is also good to keep an eye on money rather than pips.

- 2nd trade sequence has been increased to 3x rather than just 2x

- The vertical lines are only left for 1st trade as before this the 2nd trades tends to open at every candles.

- Now making use of the arrow color where the 1st trade has the blue and red whilst the 2nd as green and yellowish ?

Covid 3 in the making

These are some current thoughts of what to become of this robot

TF = 4 hr
This work on 2 scenario
1. Price moving up and candle close above 20 emas candle is blue/long
2. Price moving down (seem like retracing) with short candle but still above the 20 emas line
Since this is a 4 hr it would be wasted or non productive if the price reverse and we wait for the it to cross the emas 20 line. Furthermore if the turn was steep it will take sometime for it go up again to reach its former peak which most probably the last buy trade which most probably still open.
Worser if its on 3X lot the dip would be troublesome and a potential wipe of previous accumulative profits.
Lets see the chart

This is a GU 4hr chart.
Dashed blue line shows where the trade open. Crossing up of the emas 20. Also closes all sell trade before.
The TP is still at 10pips. Paroli seq is 1,2,3 meaning that profit is doubled if the seq is complete. Losing at point 1 and 2 result in -1 while at 3 at 0. If complete its 6.
Like in covid2 there is no set SL. The closure will be a robot closure when the price cross down as you can see after the peak and many short candles down.
Covid 2 would react by BE if there is a chance if not it will crush down for a big gap loss. Worst if it was 3x lot.
From entry to highest peak its 263 pips and going down at 147.
Will be still in small profit if on the way down its either 1x or 2x lot.   A 3x is critically impared whatever success it had achieved on the way up.
Thw whole ordeal was 32 candles or 128 hours or 5 days ! So it would be devastating to have waited for something to fall either loss or small profit.

So how can we change the fate ?
The mechanism of Covid3 is that if the trade is at losing say $30 it will open a sell trade (for this one). We can also decide that it would open opposite trade if the trade is 2x or 3x
The opposite trade will have different group number so that it would be trade differently. Have paroli maybe at 1,2 only. TP at 10pip. As so for closure, it will close trade (with loss) if the opposite buy trade losses is recovered or +20 for example.
If the trade go south than its for the best. It will cushion the Buy trade crush while preserving its existing accumulative profit. 
Well lets wait for Monday to see if i can create it and the idea works.

Daily Report - proposed

No
Date
Day
Week
CP
B/S
Profit ($)
Cumm ($)

Covid2 - is it this is it ?

Utilizes the following
1. Money management
2. Break Even
3. Trade the trendy
4. Base on Long time frame but trade short

1.
Using Paroli to 2x only. This is in caution if a trade go south with big lots. Aside from implementing BE (2), As a sequence any losses in either 1x or 2x is actually 1 losses only.
So a seq trade is either -1,-1 or 3

Added with BE its either -1,1,3. Pretty a good bargain.  

2.
Always break even when trade profit reached $10. When on 1x it is its TP so it will close. But important when its on 2x as thats only 1/2 way. Why this is important is that it would break even when the level is reached. As its SL is not fixed or equal to TP it would avoid big potential losses if it goes south.
If it turn and hit break even, on the cumulative its a 1x win as 1-0=1 but if its hit its target thats 1+2=3.
Worst case scenario the 2x trade does not hit break even and go down south right away.

3.
Have the Currency Meter indicator to check on which trades are trendy. But ensure the spread is still cheap. Do this at a certain time of the day before London opens.

A closer look at my world of 4x

Agreed that its been a long while since my posting on my world of forex. No doubt i spent some time trying to build my indicator with Holt but it still not working perfectly whatever i did. Suddenly it came to me that I am still directionless in this world of mine. MCO is about to end and I still go round in circle for i dont have a Plan on what really to do to achieve my objective which are these :-

1. Really have 1 strategy which i can rely on and have confidence in
2. Trade on real money (start small then big)
3. It must a robot for thats the way I can trade albeit the psychological tumbler and time constraint (for some other "important" things)
4.Record my trade both online (myfxbook) and manually
5. Can do pitching ready to go and equip
6. A source of income
...tbc

The lazy must be robot trader

Previously we talked about having to sit through trades in scalping with the holt.
Well what do you know, we can get through this with my indicators function of fxdreema !
BTW had tried to equivalent it to any existing indicators but of no avail.
Fortunately the indicator can be modified (in mq4 format) so had to look into how it looks when "imported" as my indicator. The signal to see is pretty simple that is either its above 0 or below 0. Of course the color being green or orange can also works but that is no more necessary if its above or below the 0 criterias.
But since its the weekend i cannot test it yet until the markets open next monday.

Holt has a special formula that its not following any emas or macd.

About the "declared" TP which can either be done creating a seperate robot basing on lowest price of previous X number of candles (can this be applied to more than 1 running trade?). Or close with profit when level goes above/below 0 and in profit (which may cut much of the possible profits).

Ps. Dont make the strategy that complicated by working out on the curve like you did on macd though this could be done with some researching into my indicators.

ps2 another good name for it is humpback whale. I kindda thought of it as such.

Halt for Holt for Scalping

I see the potential in holt. But one thing i dread its totally manual and scalping.
So the above is what you see is what you get perspective of the manual strategy. For this one the main TF is 5m as it is in the TF5. The longer holt TF display here is 15m and 1hr.
The MA is 14emas which I think is also important to display.
Enter Sell (for the above display) when the candle is red and cross the emas. Ensure that all holt are Orange, meaning its below 0.
When the price turn around (when the 5m TF turns yellow) make the tip of the previous dip as TP. Do not exit even if it is in profit.
CREATE THE TP ONLY WHEN THE 5M TURN OPPOSITE COLOR, NOT THAT BECAUSE IT JUSTTURN ROUND .
Now make another trade when/if the price dipped again and same goes with the candle being red and cross emas14. Of course the 3 holts time frame have to be orange. Forget the previous trade if its goes its way it will hit the TP which in this case it did.
As the example above the price turned up again turning the 5 m TF holt to green. Here you mark the tip of the dipped for the current trade.
As you can see the 3rd trade materialise and you do the same thing.
When to EXIT ??
When both 5m and 15m holt is Green.

Ok this happened earlier on the same day.
Same tactic but opposite of the previous example.
The 1st and 2nd trade were success when it hit its TP highest dipped. The 3rd one (the TP is at the tip of candle close not the spike) was forced closed along with trade 4 (perhaps with a small losses) when 15m turns orange. The 3rd one closed with a big win margin but not the max.
Now the problem have you got the time ?