oeps here's your chart
oeps here's your chart
Nice going!
On the first chart, why would you take the signal a few bars back in the one you took?
And, on the second chart, there were two preceding signals that weren't taken, and yet another after the trade that was not taken.
The first 3 would have exercised to be 5 pips each, the final would have dropped.
Additionally, my ADX values are not anything like yours -- DMI hasn't gone above 35 because 3:25 GMT. Can you post your indior?
Rob
Cause I just got up and was in the shower....otherwise I would have obtained them. . .lolOriginally Posted by ;
I utilize ADX set to 7 employed to shut
SMA of 4 and 11 both employed to shut
I'm currently taking a look at the following: DMI cross. . .then moves around 25 level....then moves from 25 level up to 35 level and break 35 level....so it seems to me that largest transfer happens when DMI moves from 25 into the 35 level. Can anybody confirm that or is my imagination running away with me?
see what I mean on this chart???
SMA's havent crossed however but DMI has moved above 25 level going towards 35 degree?
First I want to get my indior look like yours. My settings are as you state, but the output does not correlate. Could you attach the actual mq4 document that you're using?Originally Posted by ;
I manually backtested last night for a few hours, then accidently deleted most of my work, so I didn't get to make statistics... It seemed that MA cross wasn't pertinent to outcomes.
I do remember that on 9/11 there were 4 winners in a row, this would have been quite a hit, needing 16 winners to make up the loss.
Yet another thing I noticed, when a signal happens, then DM goes back under 35 then back above, this is a VERY high probability trade. The second one ALWAYS profited, with hardly any exceptions.
The third installment during a given tendency wasn't great odds, probably less than 50/50. Often the sign came after the move had drained.
I am working in an indior that will aid with guide backtest.
I'd an EA, but for some reason it would not take the 5 pip profit in several areas where it should have, so I've chucked it for now.
this was another 5 pip trade
Oeps sorry it was suppose to see white DMI crossed above 25 flat and then moved to 35 level
Never mind, I got it. I didn't observe that you are trading pound and euro. That's why my chart looks different!Originally Posted by ;
I want a small help in loing the Indiors file in metatrader?Originally Posted by ;
I managed to find the custom indiors file but ADX falls under Indiors and not habit indiors
here are my ideas about gbp/usd for the upcoming few hours/days
right now we're seeing an interior bar developing about the 4hr charts. So I will remain with all these charts for now.
Scenario 1:
Gbp/usd breaks out to the upside.
Scenario two:
Gbp/usd break out into the disadvantage
Either way we're gonna observe some fantastic action soon. Now the market in indecisive. It is consolidating. Also there's strong support in this current level and once this service gives way we're going down to the 1.9000 levels again.
So let us wait and watch how this unfolds