[quote=RplusT post_id=1295414057 time=1593840071 user_id=4866937]


I agree, i recently did some manual backtesting on the daily TF from June 20 to Dec 18 and these are my results on different Indices with a set TP and SL.

My broker has informed me that each Pip = 1 USD.

My main aim was to reduce full stop outs and minimise losses whilst always hitting initial TP and not factoring in a second running position to take advantage of the remaining trend.

I know this system is not designed for Daily TF and indices can be traded on lower TF's with higher success than Forex IMO but would be good to see a Daily TF system from the master Mr.Xard.

oneking wrote: Sat Jul 04, 2020 8:27 am Hey ,
can anyone explain for me what XARD mean by this " When an Arrow is made it will close outside the goldband on the 30 min so stay the course until it moves beyond the band. "
Thanks in advance
(English is not my first language)

I too would appreciate some clarity on this statement please, perhaps a visual screenshot?

xard777 wrote: Fri Jul 03, 2020 9:18 am I like the added confirmation of the Stochastic... above the mid-level look for BUYS only and below the mid-level look for SELLS only. You can still use the 20/80-levels for Trend continuation and end of.
XARD777

Dear Xard,

if i may ask what are your settings for the Stochastic, dont seem to much your window.

DVanAssen wrote: Sat Jul 04, 2020 9:23 pm
I too would appreciate some clarity on this statement please, perhaps a visual screenshot?

to my understanding when you are in a trade normally you will see sml blue dot or sml red dot and you dont immediately close that trade and to your point when you are in a trade and the candles are inside the goldbands (the two lines up and down) if an arrow appears inside those lines dont close immediately your trade. the arrow will keep moving/redraw until its outside the goldbands

fadhayemustafa wrote: Sat Jul 04, 2020 9:32 pm

Dear Xard,

if i may ask what are your settings for the Stochastic, dont seem to much your window.

Its in the MQL code 14.2.3 as well as the levels

fadhayemustafa wrote: Sat Jul 04, 2020 9:43 pm

to my understanding when you are in a trade normally you will see sml blue dot or sml red dot and you dont immediately close that trade and to your point when you are in a trade and the candles are inside the goldbands (the two lines up and down) if an arrow appears inside those lines dont close immediately your trade. the arrow will keep moving/redraw until its outside the goldbands

Like BollingerBands breakout method?

fadhayemustafa wrote: Sat Jul 04, 2020 9:43 pm

to my understanding when you are in a trade normally you will see sml blue dot or sml red dot and you dont immediately close that trade and to your point when you are in a trade and the candles are inside the goldbands (the two lines up and down) if an arrow appears inside those lines dont close immediately your trade. the arrow will keep moving/redraw until its outside the goldbands

Thank you, I appreciate this information.
If possible, can you explain to us the role of OCTAVMATH in this system, the price never reaches the levels in the rules!
Thanks again

oneking wrote: Sun Jul 05, 2020 12:55 am
Thank you, I appreciate this information.
If possible, can you explain to us the role of OCTAVMATH in this system, the price never reaches the levels in the rules!
Thanks again

This requires reading up on Murray Maths (PA moving through sentiment until reaching saturation point and thereafter reversing back to the median) which is too extensive too simply just place here. See viewtopic.php?p=1295396298#p1295396298

DVanAssen wrote: Sun Jul 05, 2020 1:19 am
This requires reading up on Murray Maths (PA moving through sentiment until reaching saturation point and thereafter reversing back to the median) which is too extensive too simply just place here. See viewtopic.php?p=1295396298#p1295396298

Thank you so much

Update

Nice and clean, works in all TFs
Enjoy!
Xard777