JustUncleL

[STRATEGY][UL]QQE Cross v1.1

Updated by request: this is a "Strategy" trading version of the "QQE Cross Indicator Alert v2.0 by JustUncleL" (which is mainly for Binary Options trading), the same BUY/SELL signals are used to generate trade entry and exit conditions. Thanks again to JayRogers for making the Strategy risk management easier to understand and implement.

In this update I have added "Take Profit" option and cleaned up the risk management code. Also changed the close BUY/SELL order if EMA20 direction changes rather the next BUY/SELL opposite signal, making the close earlier.

BE ADVISED TO USE AT YOUR OWN RISK, even though back testing has shown good results, I don't have any Forex trading account to forward test against. You need to perform these test yourself and get back to me if there is any issues.
Favori Komutlardan Çıkart Favori Komutlara Ekle
JustUncleL
Hello,

are entry points depended on risk managment? If I change Trailing Stop Loss to "0" but Stop Loss from "0" to some value then some entry points disappear.
And today I saw as a close point of a trade was repainted - trade with lost was changed to a trade with profit.
Cevap Gönder
JustUncleL robot2006
@robot2006, I don't like to use Strategy scripts for actual trading, because the TradingView Broker emulator is inaccurate and does some strange things. I have placed warnings about using "Strategy" type scripts to trade with in earlier comments. I only use them on occasions to test performance of a script. All my "Strategy" style scripts have been created by other members requesting me to create or modify them. If I use a "Strategy" script I don't directly trade on the signals I use them more as alerts, and analyse manually the price action around the alert.
Cevap Gönder
robot2006 JustUncleL
@JustUncleL, thanks.

I have tested the risk managment script of JayRogers


I don"t know whether it is a script problem or problem of tradingview but this risk managment closes trades always on top or low of bars. What do you think about this? What can be a problem?

Cevap Gönder
JustUncleL robot2006
@robot2006, It's a Trading view issue, see my previous comments on using the risk management of TV, it is inaccurate and gives false and misleading performance figures. I treat all "Strategy" projects as experimental, as the TV "Strategy" is still Beta. My advise is don't use any risk management from TV, use your own and only trade when the best signals occur.
Cevap Gönder
robot2006 JustUncleL
@JustUncleL, thx and the best professional wishes!
Cevap Gönder
robot2006 JustUncleL
@JustUncleL, hello,

Do you have an idea how can a startegy be tested in TV whether it is profitable without to use risk managment from TV? Most of strategies without risk managment lose money.
Thx
Cevap Gönder
JustUncleL robot2006
@robot2006, When I test a strategy like this I use my own risk management controls when I place trades, setting my preferred stop loss, target profits, trailing stops, break even etc. So I "forward test" in a Demo account manually in real time to see if the system is really profitable for my trading style.
Cevap Gönder
JustUncleL This script is incredibly time consuming yet SAFE!!!! The entire day of a complete 8 hours of trading i have only traded 7 times.. The results were incredible 6ITM!!! Using all 5 to 10 min trade.
With this i have complete confidence and now i can open more currency pairs to see what this puppy can really do =P. if i can manage to run at least 5.. and get 35 trades with with at least 30 itm.. I can at least make a profit of 504$!!!
+1 Cevap Gönder
JustUncleL redchevy007
@redchevy007, Great to hear, just trade with this strategy version carefully. I personally prefer to use the Indicator Alert version of QQE for Forex Trading and Binary Options.
Cevap Gönder
emmanueldesk redchevy007
@redchevy007, do you still use this script for binary options?
Cevap Gönder
Ana Sayfa Hisse Senedi Takipçisi Forex Takipçisi Kripto Takipçisi Ekonomik Takvim Gösterimler Nasıl Çalışır Grafik Özellikleri Ücretlendirme Kurallarımız Moderatörler Web Sitesi & Aracı Kurum Çözümleri Görsel Bileşenler(Widget) Grafik Çözümleri Hafif Grafik Kitaplığı Destek Merkezi Bir arkadaşınıza yönlendirin Yeni Özellik Talebi Blog ve Haberler SSS Viki Twitter
Profil Profil Ayarları Hesap ve Ödemeler Bir arkadaşınıza yönlendirin Destek Kayıtlarım Destek Merkezi Yayınlanmış Fikirler Takip Edenler Takip Ediliyor Özel Mesajlar Sohbet Çıkış