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Top 100 best Trading Systems: post good Trading Systems here 48 replies
Looking for good trading systems on forum 4 replies
Looking for systems providing long-term signals 0 replies
Are the best systems also the systems that fail most spectacularly? 55 replies
Systems, Systems and Systems... 1 reply
DislikedFor 10 pips, you can use the MA crossing trading method. Here's the EA:Ignored
DislikedYes - I only take 10 pips profit. Sometimes I try to do it twice. The differences need to be close, like under 5. The smaller the better. Also, the stoch lines have to be way overbought or sold, like over 85 or under 15. I see over 90 and under 10 all the time. Like I said, I could get more pips, but I want that over 95% success rate. I HATE TO LOSE!
I hit 16 so far this week, and just sold AUDUSD and NZDUSD right after 4 PM CST. I expect these to be done by late tonight. I will not be trading tomorrow because I hate the volatility of NFP. It's way overhyped news, and the margin of error is enough to be half the number. I just stay out.Ignored
DislikedMy trading goes for 10 pips, too. I get about 15 to 20 signals a week. I use Spuds Stochastic array on 1 HR charts. It is an array of 19 stoch lines using differnet settings. When the max difference between these settings are under 3 or 4 and it is in extremes (85 or 15), enter a trade to the oppositie direction with a limit of 10 pips. I don't use stop losses and trade 1 mini lot per $1000 in account. If trade goes against me by 100 pips (very very rare) I add another position and average to breakeven. Stop there. I used to continue adding until I came so close to losing it all. Now I just leave it on, it will come back eventually. I am attaching the template. Just put it on an hourly chart and you will see what I mean.
Stoch Diff is an indicator that displays the max difference in the stoch levelsIgnored
DislikedSo the system can generate 1000 percent 2 out of 10 six month periods, and the other 8 six month periods it can bankrupt my account.Ignored
DislikedWell, let's have a look: 1000% in 2 out of 10, so in 1 out of 5.
Just by looking at these numbers you will know that this would be a holy grail...and therefore the chances are quite low you will find a system like that which works over the longterm.
Why ?
Period 1: Risk $1000 ; Win; $1000 + $1000 * 10 = + $11000
Period 2: Risk $1000; Loose; = -$1000
Period 3: Risk $1000; Loose; = -$1000
Period 4: Risk $1000; Loose; = -$1000
Period 5: Risk $1000; Loose; = -$1000
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So you would make 600% over 5 periods...dudeIgnored
DislikedBig Balls System (posted on 4xusers by Robert Cheng)
According to him, he and his wife have been getting a 90% success rate using what I call "The Big Balls Stategy"....Ignored
DislikedBig Balls System (posted on 4xusers by Robert Cheng)
According to him, he and his wife have been getting a 90% success rate using what I call "The Big Balls Stategy". I must say, when he showed me his printed account summary, I was quite impressed - finally, someone that has consistent results with the full documentation to back it up.
His strategy involves making a market order, either buying or shorting, and setting a 10-pip limit, with a 200 pip stop. Yes, you heard me, a 200 pip stop!
I don't know about you, but this is contrary to what I've been taught about Money Management. Instead of a 1:2 risk/reward, he's got a 20:1 risk reward ratio.
His technique involves:
1. Scalping (only looking for 10 pips)
2. Trading all 17 currencies (any currency will do)
3. Trading size of 2 lots at a time
4. Trading on a standard accout of $50,000.
5. Sitting in front of the computer 2 hours every evening, between GMT1500 - GMT2200.
6. Entering the trade, turning off the computer, and forgetting about it & going to sleep
7. Waking up the next morning to look at the results
8. Active/Swing trading - 50% of his trades lasted under an hour, while the rest were under a day.
9. Ignorning all news information, including alerts, events, interest rate announcements, terrorism, etc.
10. Pure technical trading
11. Deep, deep, pockets.
12. Balls. Big balls.Ignored
DislikedI down loaded the stoch difference indicator and can see it on my chart. My question is the two numbers that show, do you look at just the signal dif or the main dif or take the difference between the two in waiting for the number to be 4 or 3. Trying to figure out how to get that number. Any help would be great. Thanks in advance.Ignored