Re: EURUSD 1day Fractal, 6000pips profit, 100% reliable
Ok,
I think this is ok.
0.6 pip is a very low spread. I think it is not the whole time on the day.
thomas
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Forex Software → Forex Strategies → EURUSD 1day Fractal, 6000pips profit, 100% reliable
Ok,
I think this is ok.
0.6 pip is a very low spread. I think it is not the whole time on the day.
thomas
Ok,
I think this is ok.0.6 pip is a very low spread. I think it is not the whole time on the day.
thomas
It is even lower usually but i have to pay commission $10/lot
i guess it is equal to 1.6 (16) pip
with prices 1.22682 vs. 1.22688 my spread is 6 pips on 5digits equal to 0.6 pip on 4 digits.
So i should put 6 in FSB 5 digits, am I right?
This is OK.
It is even lower usually but i have to pay commission $10/lot
You can set the commission in USD in Market-Edit Instruments
You can test your settings by using Tools->Profit Calculator. Compare one real position with one calculated.
with prices 1.22682 vs. 1.22688 my spread is 6 pips on 5digits equal to 0.6 pip on 4 digits.
So i should put 6 in FSB 5 digits, am I right?This is OK.
It is even lower usually but i have to pay commission $10/lot
You can set the commission in USD in Market-Edit Instruments
You can test your settings by using Tools->Profit Calculator. Compare one real position with one calculated.
Thank you very much, i already sat up the commission correctly but i didn't know about profit calculator
I know this is an old post.. but just adding a comment.. the spread is 0.6 pips using the differential of 1.22682 vs 1.22688.
If it was 6 pips, then you would have a differential of 1.22620 vs 1.22680 or some combination of differential between the 4th digit numbers.
tnickel wrote:If you have 5 digits you must set 20 or 30 in the configuration for 2 or 3 pips.
thomasI do not think so
with prices 1.22682 vs. 1.22688 my spread is 6 pips on 5digits equal to 0.6 pip on 4 digits.
So i should put 6 in FSB 5 digits, am I right?
So guys, any results from the 'real' accounts ?
Hello,
I see that embedded EURUSD data is provided until middle 2011. Have you tested it on newer data? I see the loss of 2000USD in last 2 years. Is there anyone who can confirm this?
Hello Spiderman,
Could you provide your data and strategy file? I would like to reproduce your results.
Data
Do you think that this is a root cause of different results?
Well it can't help!
Where does your data come from and what is the GMT offset of your broker.
When I working on that strategy, 5 years ago, I found out that it works bets for my local time zone data (GMT +2).
I can try to explain why it does so.
It seams that EURUSD market (as the biggest one) has some inertia. If the market reaches a previous pick (fractal) it has a tendency for eventual going through for a little while and closing over.
It works on a high time scale as D1 and only for EURUSD. It also seams that the moment of the break through and the position closing are important. That's why the time zone matters.
This strategy gives a surprisingly steady performance for its life time, but it is not suitable for short time experiments. Probably for long time period it can beat the stock dividends, but for sure there will be years with no profit.
Hi SpiderMan and Mr Popov,
That is amazying as I am located in UTC +1 which is similar to your timezone. I do not care that this strategy might provide looses in short time. I prefer to be long term trader.
You can find the data I am using on http://stooq.pl/q/d/?s=eurusd
The data I uploaded is GMT+2.
I would like additional information about this trading strategy. I am new to this forum and found this post about your EURUSD 1 Day Fractal. Please send me any details that you may have on this strategy.
Thanks
I would like additional information about this trading strategy. I am new to this forum and found this post about your EURUSD 1 Day Fractal. Please send me any details that you may have on this strategy.
Thanks
Hi just go first post. The strategy is very simple - open position at the up Fractal and close at the end of day.
To test the strategy download and use FSB.
To trade the strategy download and use FST.
The same direction signal - does Nothing
The opposite direction signal - does Nothing
[Opening point of the position]
Fractal
Open long at Fractal Up
Is it visible - Yes
[Closing point of the position]
Bar Closing
The market exit is at the end of the bar
Base price - Close
To trade the strategy download and use FST.
Actually this strategy is so simple that it doesn't need FST. You know the entry level in advance. You can simple set a pending entry order or two OCO orders in case of possible entries in both directions. Remember to remove the entry orders if they have not been activated or use the option "valid till the end of the day".
If a position was open, you have to close it manually at midnight or to use FST to close it for you.
Forex Software → Forex Strategies → EURUSD 1day Fractal, 6000pips profit, 100% reliable
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