Suggestion SMC Strategy - Good RR Setups

[Feni Bovu]

NEW SETUP ALERT !! ( USDJPY ) Pending order !!.
USDJPY formed a CHoCH and several BOS in an uptrend.... So here is a pending order (buy limit) waiting for a pullback to hit my order block at 142.029 . This trade RR is around 1:4

 

[Ozkanim]

NEW SETUP ALERT !! ( USDJPY ) Pending order !!.
USDJPY formed a CHoCH and several BOS in an uptrend.... So here is a pending order (buy limit) waiting for a pullback to hit my order block at 142.029 . This trade RR is around 1:4
View attachment 157429

Is there a reason why you don't use the indicator on the screen I shared?

 

[Feni Bovu]

Is there a reason why you don't use the indicator on the screen I shared?

Honestly, there is no any strong reason my friend! It’s just i like naked charts! I think it’s my personal problem for sure

 

[Ozkanim]

.

 

[Ozkanim]

Oh! I get your point my friend. Within a Zeus file, there is an independent trend filter... I am attaching here with a setfile.. . How about we use it to filter the trades of EA Algo SMC_revB ? Any suggestions?
View attachment 157426

RevB version does not open transactions in backtesting. Can you backtest with this version? How are the results?

 

[ezechimere]

your set-up is good but, if you check the usdjpy pullback has been arrested by line 50 percent line of order block by ZEUS .

 

[Feni Bovu]

RevB version does not open transactions in backtesting. Can you backtest with this version? How are the results?

I once tried to forward test a few weeks ago. Honestly, the results were not good... i think we can improve by adding a trend filter

 

[Feni Bovu]

your set-up is good but, if you check the usdjpy pullback has been arrested by line 50 percent line of order block by ZEUS .

I see my friend! This Zeus 50% line OB looks very promising! Though someone said it’s repainting badly… personally, I didn’t get a time to backtest , could you help to confirm it??

 

[Reezy]

We will be selling NZDUSD today new york session or tommorrow asian session

 

[Reezy]

GBDAUD going in for a sell in new york

 

[Ozkanim]

We will be selling NZDUSD today new york session or tommorrow asian session

How will you determine the selling point in this example?

 

[Reezy]

How will you determine the selling point in this example?

il drop dowm to 5 minute

 

[tuanfx]

Hello Mr. Tanaka. Can you convert this indicator to ea? Thank you. If possible give me your telegram.

 

[loverhh]

you can forget indicator that repaint to be coded in EA...

 

[Feni Bovu]

We will be selling NZDUSD today new york session or tommorrow asian session

Wow! Thank you my friend ..............

 

[Ozkanim]

il drop dowm to 5 minute

I'm also switching to smaller time zones. But which formation are you looking for in these 5 minute charts?

 

[Feni Bovu]

NEW SETUP ALERT !! ( AUDCAD )
This setup looks crazy though something like a strange CHoCH and OB ... but looks like i can get a glass of wine here I am taking this BUY with RR of around 1:10

 

[Ozkanim]

NEW SETUP ALERT !! ( AUDCAD )
This setup looks crazy though something like a strange CHoCH and OB ... but looks like i can get a glass of wine here I am taking this BUY with RR of around 1:10

View attachment 157444

1:10 value

NEW SETUP ALERT !! ( AUDCAD )
This setup looks crazy though something like a strange CHoCH and OB ... but looks like i can get a glass of wine here I am taking this BUY with RR of around 1:10

View attachment 157444

How do you determine the 1:10 value?

 

[Feni Bovu]

1:10 value

How do you determine the 1:10 value?

Good question my friend! I prefer to put my targets along-side the previous HH and LL ...

 

[Ozkanim]

NEW SETUP ALERT !! ( AUDCAD )
This setup looks crazy though something like a strange CHoCH and OB ... but looks like i can get a glass of wine here I am taking this BUY with RR of around 1:10

View attachment 157444

There is a much better pattern on the 1-hour chart