Hi, can you please share what API URL should be inserted in Metatrader settings, as requested by the advisorkysbog wrote: Sat Oct 05, 2024 12:23 pm https://www.mql5.com/en/market/product/ ... +Rating006 (1200 $) EA
Re: MT4 Trading Systems (Old or new!) Please post here
663Hi Kysborg,
Thank you for posting the system.I am unable to get the arrows shown.Can you please show how I could get those in place.Also what is the rules of trading this method please.TIA
Re: MT4 Trading Systems (Old or new!) Please post here
664BALI Strategy
The strategy with the highest probability of success in forex (According to Artificial Intelligence)
To configure the indicators for the "Bali" trading strategy in Forex, follow these steps:
Indicator Configuration
1. Linear Weighted Moving Average (LWMA)
Period: 48
Color: Typically set to red.
Function: This indicator serves as a filter for trade signals. It emphasizes recent price movements, which helps reduce lag in longer timeframes.
2. Trend Envelopes
Number of Lines: 2 (upper and lower)
Function: These lines help identify potential trend reversals. The upper line is used for sell signals while the lower line is used for buy signals.
3. DSS of Momentum
Parameters: (18, 6, 3, 8)
Function: This momentum oscillator assists in confirming the strength of the trend. It provides early buy and sell signals, which are crucial for scalping strategies.
Conditions for Trade Entry
Long Position:
The price must break above the upper line of the Trend Envelopes.
The closing price of the candle should be above the LWMA.
The DSS of Momentum should be above its signal line and moving upwards.
Short Position:
The price must break below the lower line of the Trend Envelopes.
The closing price of the candle should be below the LWMA.
The DSS of Momentum should be below its signal line and moving downwards.
Execution
Set a stop loss (SL) of approximately 25 pips and a take profit (TP) target between 50 to 70 pips.
It is advisable to exit trades by mid-week or when either SL or TP levels are hit.
This configuration and approach allow traders to capitalize on short-term price movements effectively while managing risk appropriately.
* Comment: If this strategy could be summarized in an arrow indicator or a robot it would not be bad at all...
The strategy with the highest probability of success in forex (According to Artificial Intelligence)
To configure the indicators for the "Bali" trading strategy in Forex, follow these steps:
Indicator Configuration
1. Linear Weighted Moving Average (LWMA)
Period: 48
Color: Typically set to red.
Function: This indicator serves as a filter for trade signals. It emphasizes recent price movements, which helps reduce lag in longer timeframes.
2. Trend Envelopes
Number of Lines: 2 (upper and lower)
Function: These lines help identify potential trend reversals. The upper line is used for sell signals while the lower line is used for buy signals.
3. DSS of Momentum
Parameters: (18, 6, 3, 8)
Function: This momentum oscillator assists in confirming the strength of the trend. It provides early buy and sell signals, which are crucial for scalping strategies.
Conditions for Trade Entry
Long Position:
The price must break above the upper line of the Trend Envelopes.
The closing price of the candle should be above the LWMA.
The DSS of Momentum should be above its signal line and moving upwards.
Short Position:
The price must break below the lower line of the Trend Envelopes.
The closing price of the candle should be below the LWMA.
The DSS of Momentum should be below its signal line and moving downwards.
Execution
Set a stop loss (SL) of approximately 25 pips and a take profit (TP) target between 50 to 70 pips.
It is advisable to exit trades by mid-week or when either SL or TP levels are hit.
This configuration and approach allow traders to capitalize on short-term price movements effectively while managing risk appropriately.
* Comment: If this strategy could be summarized in an arrow indicator or a robot it would not be bad at all...
Re: MT4 Trading Systems (Old or new!) Please post here
665I love zen strategies
Can I suggest a different approach for SL and TP? Why don't you try ATR, like for example 1.5 ATR for SL and 3.0 ATR for TP? This would minimize the risk in ranging markets.
Can I suggest a different approach for SL and TP? Why don't you try ATR, like for example 1.5 ATR for SL and 3.0 ATR for TP? This would minimize the risk in ranging markets.
pin12 wrote: Wed Jan 01, 2025 11:59 pm BALI Strategy
The strategy with the highest probability of success in forex (According to Artificial Intelligence)
To configure the indicators for the "Bali" trading strategy in Forex, follow these steps:
Indicator Configuration
1. Linear Weighted Moving Average (LWMA)
Period: 48
Color: Typically set to red.
Function: This indicator serves as a filter for trade signals. It emphasizes recent price movements, which helps reduce lag in longer timeframes.
2. Trend Envelopes
Number of Lines: 2 (upper and lower)
Function: These lines help identify potential trend reversals. The upper line is used for sell signals while the lower line is used for buy signals.
3. DSS of Momentum
Parameters: (18, 6, 3, 8)
Function: This momentum oscillator assists in confirming the strength of the trend. It provides early buy and sell signals, which are crucial for scalping strategies.
Conditions for Trade Entry
Long Position:
The price must break above the upper line of the Trend Envelopes.
The closing price of the candle should be above the LWMA.
The DSS of Momentum should be above its signal line and moving upwards.
Short Position:
The price must break below the lower line of the Trend Envelopes.
The closing price of the candle should be below the LWMA.
The DSS of Momentum should be below its signal line and moving downwards.
Execution
Set a stop loss (SL) of approximately 25 pips and a take profit (TP) target between 50 to 70 pips.
It is advisable to exit trades by mid-week or when either SL or TP levels are hit.
This configuration and approach allow traders to capitalize on short-term price movements effectively while managing risk appropriately.
* Comment: If this strategy could be summarized in an arrow indicator or a robot it would not be bad at all...
"I conjure from shadows and shape fortunes from the unseen. The treasure lies hidden in plain sight, beneath the sunlight." - Cagliostro
Re: MT4 Trading Systems (Old or new!) Please post here
666
Samuraj trading system
Hello.
I am sending you a very old system that I once bought. It was a system that guided me to different charts - range, renko, P and I... The website still works, but it seems that the owner is now someone else, so I recommend not relying on the website. The original owner, I think, was Canadian. As far as I know, he moved from forex trading to futures trading. The system seems nicely described to me, but on the other hand, it is difficult to grasp because it is very personal.
EliteRangeBarSystem
https://samuraiforextrading.com/2013/03 ... -pips.html
Hello.
I am sending you a very old system that I once bought. It was a system that guided me to different charts - range, renko, P and I... The website still works, but it seems that the owner is now someone else, so I recommend not relying on the website. The original owner, I think, was Canadian. As far as I know, he moved from forex trading to futures trading. The system seems nicely described to me, but on the other hand, it is difficult to grasp because it is very personal.
EliteRangeBarSystem
https://samuraiforextrading.com/2013/03 ... -pips.html
Re: MT4 Trading Systems (Old or new!) Please post here
667Hi,
Attached is a Simple TPL. Most of the Indicators are from : cagliostro, vzulaks, beatlemaniaSA Templates.
All Indicators go to : normal Indicators Folder : MetaTrader 4\MQL4\Indicators
Attached is Indicators zip file / template file.
Thanks to Xard Sir.
Thanks to kvak, banzai.
Thanks to mrtools Sir & Jimmy Sir.
Thanks to cagliostro, vzulaks, beatlemaniaSA.
Attached is a Simple TPL. Most of the Indicators are from : cagliostro, vzulaks, beatlemaniaSA Templates.
All Indicators go to : normal Indicators Folder : MetaTrader 4\MQL4\Indicators
Attached is Indicators zip file / template file.
Thanks to Xard Sir.
Thanks to kvak, banzai.
Thanks to mrtools Sir & Jimmy Sir.
Thanks to cagliostro, vzulaks, beatlemaniaSA.
Re: MT4 Trading Systems (Old or new!) Please post here
668Incredible work, thomdel!
This setup looks fantastic and has the potential to double your funds—I can feel it!
I love how you’ve paired the 3x Xuma and Kingfisher indicators in the sub-window with the MA on the main chart.
The Directional Play is spot on, and it gives off such a sleek, confident vibe for trading.
Best,
Xard777
This setup looks fantastic and has the potential to double your funds—I can feel it!
I love how you’ve paired the 3x Xuma and Kingfisher indicators in the sub-window with the MA on the main chart.
The Directional Play is spot on, and it gives off such a sleek, confident vibe for trading.
Best,
Xard777
XARD: If Carlsberg made charts... Probably the best charts in the world
