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TEB One Min killer

  • Post #61
  • Quote
  • Edited at 1:52pm Sep 10, 2009 1:41pm | Edited at 1:52pm
This system works as well as any I've tried for 1m trading.

Reminds me or our days with Haroldfx's Key to the Mint.

I like the comment to set it and get away quick and let it work......

Is there any indy you've found better than RSI 3 and 15?

Anyone interested in reviving this thread?

Thanks again and good trading to you.

Steve
I thot Id throw in a couple of charts showing the combination of a 5Min Killer/1Min Killer workspace. This was an entry I took just a bit ago. Ive tried to annotate the charts as clearly as I can. I hope you can see what I saw, and maybe if lucky actually follow some of my logic (?) lol

Anyway, just thowing out ideas. :-)

Ninja
Attached Image (click to enlarge)
Click to Enlarge Name: 5 and 1 Min Killers.jpg Size: 154 KB
Just a quick update to my earlier post and charts. The charts attached show further progress and additional low TF long signal and new targets.
Fwiw

Ninja :-)
Attached Image (click to enlarge)
Click to Enlarge Name: 5 and 1 Min Killers Update.jpg Size: 133 KB
I see this thread was brought back to life. Is anyone trading this? TEB? It works great. I’ve been using the 1m with the two RSI’s along with Heikin Ashi bars. I’m just trading EUR/USD.
interesting. what conditions do you trade this in? i guess i am asking that anything works in a trending market and this seems that it could work in a tight market or am i not correct?

Quoting Max99
I see this thread was brought back to life. Is anyone trading this? TEB? It works great. I’ve been using the 1m with the two RSI’s along with Heikin Ashi bars. I’m just trading EUR/USD.
Quoting sirogreness
interesting. what conditions do you trade this in? i guess i am asking that anything works in a trending market and this seems that it could work in a tight market or am i not correct?
This is not my main setup, I mostly like to use the original C4 but on days when the market is in a slow, range bound mode I like to use this setup. I think it works great in a ranging market. You can just keep trading it up and down, 3-5 pips or so.
This is a really great simple setup! I really like it...
I personally suggest adding a volume indicator of
your liking to the setup. I like the waddah attar myself
and just set a relatively high dead pip level so there is
a good benchmark of volume to confirm the trade.

I love 1 minute trading myself..its my favorite!

Brian

Quoting stevewide
This system works as well as any I've tried for 1m trading.

Reminds me or our days with Haroldfx's Key to the Mint.

I like the comment to set it and get away quick and let it work......

Is there any indy you've found better than RSI 3 and 15?

Anyone interested in reviving this thread?

Thanks again and good trading to you.

Steve
Also for "signals" I like using the attached rsi with alert,
I put the 15 rsi on alert so I know when to watch the pair
closely and have the 3 rsi on the chart right above it
without alert to just watch once the 15 rsi goes off.

I set both rsi at 55/45 filter levels for my preference
makes it real easy to see the trades too and with
volume underneath and a good pivot indicator
on the price chart its really great.

thanks TEB!

Brian
Attached File
File Type: mq4 RSI.mq4   5 KB | 322 downloads
I'm wondering does somebody have a fib indicator (this question was asked earlier but I did not understand the answer given) to help draw the fibs. I don't know where to begin to draw my fib and where to stop drawing it at.

As you can tell, I suck at drawing the fibs but want to give this method a shot since it's so simple and it seems to work pretty well.

I love the simplicity of this and hope someone experienced with this method will revive the thread.

Any help on the fib indicator would be helpful.
does anyone has the templates for his trading method? thanks
Thanks for your PM, just to answer a couple here for me
I strongly believe I am following the original method
by just tweaking what I have done. I am using fibopiv3
but that is because I prefer focusing on the pivots
more than fibo. Also the waddah attar weekly
fibo works extremely well on 1 min charts
though so I will attach that too for those
who prefer fibo.

I am using the two rsi and volume as the basic
trigger and confirmation and have not drawn
the fibos myself with this setup, there are other
important levels ie pivots to follow for targets
etc.

Brian

Quoting Siuol
I'm wondering does somebody have a fib indicator (this question was asked earlier but I did not understand the answer given) to help draw the fibs. I don't know where to begin to draw my fib and where to stop drawing it at.

As you can tell, I suck at drawing the fibs but want to give this method a shot since it's so simple and it seems to work pretty well.

I love the simplicity of this and hope someone experienced with this method will revive the thread.

Any help on the fib indicator would be helpful.
Attached Files
File Type: ex4 Waddah Attar Weekly Fibo.ex4   8 KB | 291 downloads
File Type: mq4 FiboPiv_v3.mq4   6 KB | 314 downloads
Thank you so much for sharing your indicators and how you are trading this method. I will give your method a shot because you don't draw the fibs and pay more attention to the pivots and since I suck at drawing fibs, I will do what you are doing.

Thanks again. Maybe we can get this thread revived.

Quoting golden1
Thanks for your PM, just to answer a couple here for me
I strongly believe I am following the original method
by just tweaking what I have done. I am using fibopiv3
but that is because I prefer focusing on the pivots
more than fibo. Also the waddah attar weekly
fibo works extremely well on 1 min charts
though so I will attach that too for those
who prefer fibo.

I am using the two rsi and volume as the basic
trigger and confirmation and have not drawn
the fibos myself with this setup, there are other
important levels ie pivots to follow for targets
etc....
Interesting thread, will have to take another look @ later.
Ya know, this isn't such a bad system. I've been steadily making some money over the last few days using it. Very simple, easy risk control, good rules.
You are in a maze of twisty little passages, all alike.
I've been learning to trade renko charts with macd, rsi, correlation, & momentum so there may be something here that can help too.
  • Post #76
  • Quote
  • Edited at 8:30am Nov 7, 2009 8:20am | Edited at 8:30am
I've been steadily trading this system for the past month. When I last posted, I was just beginning to get a feel for the system after chopping around breakeven for a couple of weeks. Since then I've been steadily gaining pips and feel in the groove now.

Here's a summary of my performance. The place where the equity starts to rise sharply is right around where I last posted (trades 50-55 on the chart).

My risk:reward is almost exactly 1:1 and my success rate is around 65%. Not that great, but not bad either. Keep in mind that these stats encompass the period of poor performance (trades 0-52) where I was still learning. I hand calculated my performance for the period starting at trade 40 and came up with the same risk:reward but my success rate was about 72% during this period.
Attached Image (click to enlarge)
Click to Enlarge Name: tebd performance.png Size: 21 KB
You are in a maze of twisty little passages, all alike.
Hi Traders,

Came across this thread accidentally and was quite impress with the easy setup and rules.

May I know what's the percentage success rate of this strategy? Anyone compare which currency it work best on?

With the information above, it is then possible to derive the Money Management.

Thanks in advance.
why did this thread die its a winner try it on 5 min charts
Hey-

Im wondering if anyone is still using this system and what their results/experience have been? Im assuming that it would work in stocks as well but if anyone disagrees please give me your opinion as to why not....thanks!

Nathan
Can any one post the rules to this system, not sure Im getting it...thank you!
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