WARNING: This method may sound simple but this is not for NEWBIES. Using this system without basic trading knowledge will definitely blow your account. You need to have at least a 1 year trading experience to understand the theory of this method. There are other system appropriate for newbies. This is not the ONE. Stop posting questions in the thread I will not reply to them.
Im been playing this method for about 3 months now and the return is quite good. This is a very simple method and it is all base on price action, indicator free trading and it is done manually.
First you have to open a demo account and make sure that the broker you choose have the ff. pairs (must have) in their platform:
The top seven pairs is set 1 and the bottom is set 2. These pairs will hedge each other. Fresh start this method at the very beginning of the week, this will give you a good look at the pairs as weeks goes on. Set 1 trade them SHORT and set 2 trade them LONG. No SL and no TP. As much as possible run a script (attached) so as to maintain correct timing in opening them. Click twice the profit column of your terminal so as to make the positive profit pairs stay at the top and the negatives stay at the bottom or vice versa. Initially the order of this pairs is a mess, let it run for a day or two and you will notice the pairs will start to make a proper order. All the buys will stay at the bottom and all the sells will occupy the top or vice versa. It like putting to rest the dirty bottled water and it will start to settle down after a certain period and all the dirt to the bottom and the clearer water at the top.
About a day or two, all the buys (if negatives) will stay below and the sell (if positives) will be at the top. Now the indication that you should watch is, ideally the bottom 7 slots should be occupied by the negatives, the first pair in the negative that crosses the boundary of positive and negatives is the pairs we are concern. If one of the negative jump to slot 8 (counting from bottom) there is also a corresponding positive that will jump to slot 7. This is the signal. We will trade those two pairs that jump out of boundary.
You should have another account where you real trading will be executed. You will trade the two pairs that jump out. If the pair that jump up is Long then trade the two breakaway pairs LONG or vice versa. I also trade the next two pairs that jump of the boundary. I limit myself to just 4 pairs being traded at one time. The profit is up to you, what I do is when the pair i'm trading retreats 2 slots then I close it.
Remember do not touch your demo account as this will serve as your indicator and keep it running all the time and just check it once in while for any jumper pair and then trade them.
On the attached terminal copy, you can see the breakaway pair USDCAD that was a few hours ago and i traded it and make some pips on it. Consequently the other pair GBPUSD also jump 1 slot down and can also be trade Long as well.
I hope i explain it well. Good Luck trading,
Trader101
Note: 1) this method is manual.. again manual.. Indicator is fine but the trading is manual. If some of you do not like doing it manual learn it. 2) i dont want to see any EA being made out of this system and posted here for showing-off. Indicators are welcome. 3) No mt4 operational questions ex. "where am i going to put the script file?, How do i install this on the chart, or Im a newbie but i like your system please recapitulate the system." Also if you dont understand English dont ask me to translate if for you. 4) Someday somebody will make an FAQ of this sytem. I need volunteer. for that. 5) Lastly, website owner/web administor, forex system stealers, programmer for hire, if your agenda is to steal or herd traffic tell me now in PM so i can charge you, programmers for hire, i cant prevent you. Just make sure to give me a credit on this one on your program and you have to give us a commission for stealing ideas here. I hope we agree on this one then we can always continue.
To those who will benefit from this method, my only request is to GIVE CREDIT TO WHERE CREDIT IS DUE this is given unselfishly free. Trader101 – Julius F.
Latest Notes: The above pairs you see is for the Original Pairings. The use of this pairing was discontinued and replaced by the Universal pairings where all future indicators were made to fit. Below is the Universal Pairings. Modified Univetradehedge script is added.
I like your system. Using the Price Action on many pairs is not a bad idea.
Perhaps I'll try it out. However, I'm having difficulty using the scripts in IBFX.
Which platform are your script using ?
__________________
More Practise, Patience & Consistency. Trade with a plan gimme 10pips at least
if we have take profit from that two pairs that crosses the boundary, and then what we should do? continue see another pair breakout and ignore that pairs we just close?
The pairs to trade but must be contend with a few profits since the gc and uc had jump a lot of slot already.
Sell gbpchf
sell usdchf
sell usdjpy
sellusdcad
T101
if we have take profit from that two pairs that crosses the boundary, and then what we should do? continue see another pair breakout and ignore that pairs we just close?
I usually only trade a max of 4 pairs that jump out and thats it. What happend is sometimes that breakaway pairs continue to reach the top or bottom or sometimes fall back to original position. If fall back happend then wait again for the next breakout pairs and trade. If its still coninuing to maintain its slot or moving up then just continue the trade. As i mentioned i close only when they retreat 2 slots. Best is you observe yourself the behavior of the pairs for at least a week.
Cheers
T101
I tried your script, but it only opened 12. It did not open usdchf or usdjpy. The code for those 2 looks the same as the others, so not sure why.
It does happend sometime perhaps because the server is interrupted then you have to enter it manually ( the missing pairs). You can acutally check that by checking the expert tab in your terminal.
To be certain to understand well (difficulty in English) In would your example, you be long on usdcad and gbpusd?
For how much pips?
Then you start again with new position on the demo account or you continue the week with those already open?
Thanks
Bye
No preference on the tp. your descretion but i normally close trade if the pair retreat 1 or 2 slots. Keep the demo running, it will become your indicator already and monitor it for the movement of the pairs. That is the reason why we have 14 pairs there. That way we can see more or less the moves of the entire currencies on that particular broker. Much better that those indicators, lines and candles but you have to observe it very closely. Eventually it will become like a road map to you and you can make your prediction where this certain pairs will go.
Cheers
T101
I like your system. Using the Price Action on many pairs is not a bad idea.
Perhaps I'll try it out. However, I'm having difficulty using the scripts in IBFX.
Which platform are your script using ?
If you are using the "mini" of IBFX, you have to add the m at every Symbol in that code like......"USDCHF" must be "USDCHFm" , then it will work.
I forget to mention your demo account is hedge (not a perfect) and the drawdown will be between cost of spread to $-300 (for a 0.1 lot trading) and it will stay in there and just fluctuates. Anyways it is a demo don’t worry.
My manner of trading is, initially I open 0.4 lots and then shed 0.1 lot every 50 pips increment and move the SL as well .
Simple Trading Method with trader101
Simple Trading Method with trader101
gimme 10pips at least 
