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Attachments: SDTR Strategy Part II
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SDTR Strategy Part II

Quoting howard
{quote} Hello Carlos Is the above dashboard created by the EA or is it a separate Indicator? And whichever it is could you post it here.
Hi howard, the dashboard is part of the EA when you install it and the EA and 4hr set file are all posted in previous pages of this thread
"All good things to those who wait"
Hi it is me again.

Is this normal, that after MT4 restart all the charts (in terms where the market is) look almost same. I mean the price is either above or below the yellow PP line.

I don't want to trade on wrong charts.

Please see example below.
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Going long (buy limit order not triggered yet) on NZDCAD. Price was in 25 pips range of S61
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Also short on AUDNZD
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Quoting mo.ah
Hello traders This is my first post here I am Mohammed from Egypt. I hope to be a good guest to you This shart .... four hours Can that opportunity be adopted with the opening of the market {image}
I would be cautious of trading pivot levels past S/R100. The key pivot levels we look for are 61, 78, 100.
Truth is like poetry. And most people f*cking hate poetry.
Quoting Carlos1
{quote} Hi Mrdfx From my tests the SDTR pivots EA 4hr on default set is still doing a great job.... I have left the EA with no intervention from 13/11/18 to date and it's showing good results, also it's currently in positive pips - see below. I kept the EA on through the recent Christmas/New Year period out of curiosity and it did suffer a few consecutive losses but this is easily rectified by turning it off in holiday periods as you would have done on a live account. Will keep testing but looking good so far... Cheers Carlos {image}...
Awesome results Carlos!
Truth is like poetry. And most people f*cking hate poetry.
Quoting Forbas
I would like to also ask is it ok to add extra indicators to the template, I was thinking about news indicator (so I will never forget to check it). I am not sure is this correct but I have been told sometimes adding extra indicators to already custom made ones can compromise them. Thanks
Yes you can add other indicators if you like, but I only ask when you post screenshots that they are the same as the template.
Truth is like poetry. And most people f*cking hate poetry.
Quoting mrdfx
New valid sell signal on UJ. {image}
Still holding this trade from last week guys, currently in DD of -27 pips.
Truth is like poetry. And most people f*cking hate poetry.
  • Post #188
  • Quote
  • Edited Jan 22, 2019 8:24am Jan 21, 2019 10:30am | Edited Jan 22, 2019 8:24am
Going short on EURCHF, valid signal

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Quoting Anrod
Going long (buy limit order not triggered yet) on NZDCAD. Price was in 25 pips range of S61 {image} Also short on AUDNZD {image}
still holding both positions, they aren't really going anywhere ...

Update:
Stopped out at BE+1
Quoting mrdfx
{quote} I would be cautious of trading pivot levels past S/R100. The key pivot levels we look for are 61, 78, 100.
hello mrdfx, i have a question regarding pivots and the 0-25 pips range. What are you doing if the difference between the R38 and R61 is lower than 25pips. If all of the other entry criteria are met, do you still consider it a valid signal, even if the reversal happens at (or maybe even below) the R38?

Thanks!
Quoting Anrod
Going short on EURCHF, valid signal {image} {quote} still holding both positions, they aren't really going anywhere ...
they are not going anywhere as the Big Boys in America have Bank Holiday today.

I am also in AUDNZD.

How come the EURCHF is valid signal - shouldn't it be 25 pips away from the R38 line ? or perhaps I don't understand the rules ?
Quoting Forbas
{quote} they are not going anywhere as the Big Boys in America have Bank Holiday today. I am also in AUDNZD. How come the EURCHF is valid signal - shouldn't it be 25 pips away from the R38 line ? or perhaps I don't understand the rules ?
If i am not mistaken, the price has to be "in the zone" around the R61 (or above) line.

From the 1st page:
"The price will hit and be within the pivot level zone (0-25 pips) levels, R61, R78, R100."

EURCHF was only 7 pips away from the R61 line. Pleace correct me if i am misinterpreting something.
Quoting Anrod
{quote} hello mrdfx, i have a question regarding pivots and the 0-25 pips range. What are you doing if the difference between the R38 and R61 is lower than 25pips. If all of the other entry criteria are met, do you still consider it a valid signal, even if the reversal happens at (or maybe even below) the R38? Thanks!
We are always looking at the S/R61, 78 and 100 zones so we want to see the price come within those zones. Sometimes if the previous week price action was very low for a certain pair the new pivots might be spaced closely together but we never look to trade off the S/R38 pivot level.

Quoting Anrod
{quote} If i am not mistaken, the price has to be "in the zone" around the R61 (or above) line. From the 1st page: "The price will hit and be within the pivot level zone (0-25 pips) levels, R61, R78, R100." EURCHF was only 7 pips away from the R61 line. Pleace correct me if i am misinterpreting something.
Yes this is correct as I've mentioned in previous posts the pivot zone is the area above and below the pivot line. In most cases the price will rarely hit the pivot line exact, and rather go into the 'zone'. I say 0-25 pips, so that's around 10-12 pips max on both sides of the pivot line creating a kind of zone where we look for price to start reversing.
Truth is like poetry. And most people f*cking hate poetry.
Got an alert for a buy on AU, but I am not taking the trade just yet.

PA is very slow today with the US bank holiday, and overall it looks like the trend is still bearish on H4 so I will continue to monitor it and enter when I have more confident confirmation.
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Truth is like poetry. And most people f*cking hate poetry.
Quoting mrdfx
{quote} We are always looking at the S/R61, 78 and 100 zones so we want to see the price come within those zones. Sometimes if the previous week price action was very low for a certain pair the new pivots might be spaced closely together but we never look to trade off the S/R38 pivot level. {quote} Yes this is correct as I've mentioned in previous posts the pivot zone is the area above and below the pivot line. In most cases the price will rarely hit the pivot line exact, and rather go into the 'zone'. I say 0-25 pips, so that's around 10-12 pips...
Thank you very much for this explanation
Quoting mrdfx
{quote} We are always looking at the S/R61, 78 and 100 zones so we want to see the price come within those zones. Sometimes if the previous week price action was very low for a certain pair the new pivots might be spaced closely together but we never look to trade off the S/R38 pivot level. {quote} Yes this is correct as I've mentioned in previous posts the pivot zone is the area above and below the pivot line. In most cases the price will rarely hit the pivot line exact, and rather go into the 'zone'. I say 0-25 pips, so that's around 10-12 pips...
Yeah that clears a lot.
Positions opened today, take profit dynamic not really sure where to take it
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Hello mrdfx,

first off all, thanks for this tread. i like it..

btw, i wanna ask you about your EA. i use EA only for alert not for auto trading.

why alert not refreshed? i mean, after i close and reopen MT4, alert thumb is display... but if MT4 not close and reopen, alert not display.


thanks,

AnakKostan.
Quoting Anrod
Going long (buy limit order not triggered yet) on NZDCAD. Price was in 25 pips range of S61 {image} Also short on AUDNZD {image}
Closed AUDNZD for +21pips . Price reversed at the PP.
Closed NZDCAD for +5pips. Turbo shows an incoming reversal. Additionaly i am not confident regarding the price action
Quoting Anrod
{quote} Closed AUDNZD for +21pips . Price reversed at the PP. Closed NZDCAD for +5pips. Turbo shows an incoming reversal. Additionaly i am not confident regarding the price action
Regarding NC, possible red news for NZD tomorrow and CDN doing much better cuz of oil. Short is better bet imho
A snails pace wins the race :-)
Quoting JustPipMe
{quote} Regarding NC, possible red news for NZD tomorrow and CDN doing much better cuz of oil. Short is better bet imho
It currently seems like i should have stayed in a little longer. Oh well, still a small profit
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