Thread: Oritz 4hrs Strategy

Hello fellow traders,

First, allow me to thank forexsoutheast.asia for providing a great forum for every single trader to share profitable trading egies. I have a regular job hence I trade 4hrs chart mostly and following several years of trying I appear to have discovered some profitable egy with rather simple indiors.

However I overlook most good trade entry signs while I'm either sleeping or performing my regular day job along with my emotions sometimes get in the way once I wish to input trade afterwards. Please I want an EA of the simple egy and I've attached the habit Bollinger Bands_stop_v2 indior. The other indiors are the Commodity Channel Index (CCI) and Relative Strength Index (RSI). There is A screenshot also attached.

Entry:
1. The major cause is CC1 (40 interval, typical price) crossing up/down zero for buy/sell respectively.
2. Filter the entrance together with RSI (20 interval, average price) over 54/below 46 for buy/sell respectively.
3. And (or) Filter together with the attached Bollinger band_stop (20 period, 1.0 deviation) when it turns blue/red for buy/sell respectively.

Exit:
1. Use the reverse signal of CCI (40 interval, average price) and/or
2. The opposite of RSI (20 period, average price) (that the RSI is if it reverses and cross above/below 50 for leaving a sell/buy respectively) Please note it doesn't use the 54/46 principle for departure, this is very important.
3. The reverse of Bollinger band_stop red and blue colours.

Please note that the filters and trigger are effective following the close of the candle. Add money management trailing stop and if level lock profit to make the most of profit taking. With this cash management, you can have a 1:3 yield ratio.

In the attached screenshot, you can see how the filters where able to avoid false trades at the ideal hand side of this screenshot. Although this egy is not the holy grail but it appears to work for me as I manually adjust the Take Profit with the weekly pivot.

Please anybody with good trading knowledge should please help me along with other traders which may find the egy used.

Thank you in advance.

https://www.forexsoutheast.asia/atta...2832381762.ex4

Originally Posted by ;

Hello fellow traders, First, let me thank forexsoutheast.asia for providing a fantastic forum for every trader to discuss profitable trading egies. I have a job I exchange chart mainly and following several years of trying I appear to have discovered some profitable egy with quite simple indiors. I miss good trade entry signals while I am either sleeping or performing and my emotions get in the way when I wish to enter trade afterwards. Please I want an EA of the simple egy and I've attached the habit...

I am not programmer but I will attempt to do manual testing. What are Re-Entry's principles ?

Thanks aahmad29 to be the first to comment, you are able to reevaluate a trade shortly as the entrance requirements are met. Like in the screenshot, the red horizontal line is a re-entry point. To make transaction include a support resistance indior and a pivot point indior. The image will become clearer to you in determining in which the price will probably stop and reverse.

Please as numerous as try this egy, please assist post your findings and to make the egy work better.

I've attached some indiors to aid in manual trading involving the Bollinger band_stop with alert.

Thanks.
https://www.forexsoutheast.asia/atta...4999363988.mq4
https://www.forexsoutheast.asia/atta...1424268207.mq4
https://www.forexsoutheast.asia/atta...1376902649.mq4

What are your pairs with this particular method? Thanks

Originally Posted by ;

Thanks aahmad29 to be the first to remark, you are able to reevaluate a trade shortly as the entrance conditions are satisfied. Like at the screenshot, the red line is really a point. To make transaction add a support resistance indior along with a weekly pivot point indior. The image will become clearer to you particularly in determining where the price will probably reverse and stop. Please as many try this egy, please help post your findings and also make the egy work better. I have attached a few indiors to...

This really is a wonderful setup. The Bollinger band_stop with alert alone is sufficient for the pip harvest.
Thanks for this.

the last 3 transactions I could spot, the checkmarks are correct entry points right? . I didnt count on the next trade as the sl is on high.... I see this as common sense. System appears to perform great on 4hr, not alot of entries but 2:1 rr is rather common five transactions were just 1 loser and 2:1 at least .