Brijons advanced traders multi-currency strategies

of course your right with an overlay chart of 2 curencies used as a corelation of 2

but in this we are looking at 14 currencys as an example look at brians 3 index croosing of major 8 at zero as an example

if you read the thread you would have noticed the 3 currencys eurusd gbpusd and eurgbp used in some economic courses and there mathmatical calculations on zero

your overlay chart shows zero on 2 cureencys can be a floating point its correct

i use that on brians tds price with the dollar index many times indicater

the use of an overlay chart can be helpfuly in trading a single currency against a second cureency corelation using the sizzor action and the floating zero

also quite good on the usdcad using the usdjpy as the trend long or short using the 4 hour chart

the zero cross you mentioned as floating is well understood

i like using that as per the brians index and dollar index as a indicater of one currency against the dolar index and zero

but this is an advanced multicurrency trading strategy discussion of multi currency trading

your floating zero is a corelation strategy of 2 currencys

your observation was corect of the floating zero in a 2 curency strategy

the indicater for looking at the movements is simple apply the overlay charts over 14 currencys simular to brians index of the major 8

on ff forum hanover done a very good one as an indicator on all time frames , then you can see how hard it is visualy to see the costant zero
of 14

i think brians index of the major 8 shows this constant fairly accurate

but in reality and proof has been done not only mathmaticaly but on
excell spread sheets done by some traders of zero on multicurrys
trading as a reality

the simple formula on the three shows how exact it is and also pauls and trade4 funs work on the dashboard and matmaticaly confirmed in excell
by the team

thank you for bringing up the corelation of 2 with an overlay chart
and the floating zero

its a very handy tool in single curency trading

God bless from Brian

ps here is a template for you

yesterday i showed PAUL AND TRADE 4 FUN
A TEMPLATE FOR TRADING THE USD AND CANDANIAN AND DID THREE SCALPS LIVE FOR THEM

USE 4 HOUR AND 1 HOUR TIME FRAME FOR THIS CURRENCY

YOU CAN SEE TREND VERY EASY WITH THIS TEMPLATE

FROM BRIAN

on template you can see the cross of usdcad brown crossing the lsma 1 price floating zero on 2 curencys overlay

in multi curency trading the zero is floating but when the three or 14 meet at zero this is the point we are detirmining for you in the dash board

it is of course floating but we a showing that as pips away from the floting zero point of the groups

so i hope this explanation and the above helps you in your understanding

GOD BLESS FROM Brian

http://www.youtube.com/watch?v=4bM_Dy_IjHk

http://www.forexfactory.com/attachme...8&d=1311365186

Selling at the bottom.. Buying at the top...
and No SL to control your risk?
Looks like we are having a winning formula here..

Sonic

sometimes its best to read the question , rather than give a trite answer
of course on should always buy at the bottom and sell at the top

this is an advanced multi currency strategy were we share strategys
and respect each others questions and answers

i hope we have positive feed and worth while info from all
with respect to each other even from great forums producers

we all learn from each other

there is no right or wrong way to trade as long as you make money

ideas we learn from each other with respect to each

i hope your input is a positive help

i ask all to learn from each other and on other threads on the forex factory

without bias to each contribitor

to view sonicdeejays system hes a great contributer doesnt need advertizing
go to http://www.forexfactory.com/showthread.php?t=114792


from Brian

Thank you for your explanation brijon,
I will be looking at the brian index indicator, I had no idea it had a floating zero, but so much better!
I love your hedging strategy and the dashboard but I haven''t fully learned your system yet,
Im hoping to get there eventually, now about the pic!
the trades you see there is not part of a correlation trade or hedge,
ofcourse I will buy at the bottom and sell at the top in such trade as on the chart with the overlay,
but this is another short long term trade I just made,
and there is no thought about correlation behind that trade.
this pair is in a heavy down trend atm, Im sorry that caused confusion,
I just plotted the overlay on there in a hurry and I didn't think about that.
yes I never use a stop loss, I think they are counter productive.
if the trade goes against me I am more likely to exit or hedge it.
thanks


this is the actual trade the sell lines was refering to,
just to prove Im not totally wacko

No Ice, Brian..
U are my senior and you have my respect..
Just a suggestion to make..do not forget SL even if it is ultra wide one..

Cheers
Sonic

sonicdeejay, I agree that pic was confusing
and I probably should have mentioned something about the sell lines,
you where right to nag on me, no hard feelings
in Metatrader those lines are still there even if you open a new chart on the same pair.

in using the limit orders and bosuns lines , on should look at the monthly fib if trend breaks the fib 63,8 its usualy a sign the trend from long to short has changed .

likewise short then 23.6 fib ABOVE THAT TREND IS LONG

now on can use if hes not locked in to a us broker
a
same curency hedge
locking in the dd price and trade the new trend bias . so if the dd has 8 positions long one can use 8 trends short locking in to a large degree the drawdown then trade now bias with one position over the 8 eg 9 buys 8 sells on

there are many ways to skin a cat including as Sonic mentioned wide stop losses we all trade different no right or wrong way

i like the heging bias strategy as a great strategy of locking in drawdown size to percetage of account size maxium personly

then using hh ll excit strategys . i have shown this but not in detail in videos of counting the positions on and trading using the 14 as indicaters

this strategy works extremly well in live trading giving one time to capture the circle trade of loss profit loss

usualy i find the monthly fib can be a guide for the trend placing counter hedge strategys one can also use a monthly offline chart for this

this also has an advantage for traders that prefer stop loss on wide away from the marKet and percentage of there max drawdown eg 15 % or there comfort level

i personaly prefer hedging usuing positions on dd bias to new trend
but one needs to be experienced in trading and understanding this

so for some as Sonics has mentioned stop losses wide are a good method for MANY TRADERS.

there is no right or wrong way to trade ones experience and comfort levels ,

im personal adverse to stop losses for myself but for many i agree wide stop losses away from the volatility is a reconised forex trading
method

its just i have a different approach and try and utalize the natural market cycle with heging position trading using market bias hh ll trading

this approach is hard to understand by many traders AND TAKE THEM OUT OF THERE COMFORT ZONE , I UNDERSTAND THAT

IT WORKS FOR ME

its true 95 % of traders loose money trading the forex , so no mater how great a thread is or what super system in the end its up to the trader

YOU HAVE TO FIND THE SYSTEM THAT WORKS FOR YOU AND MAKES YOU MONEY

but more important for me is what ive learned from others smarter than me reading and learning from each other

i can only give you trading information that ive found works for me .

every thing i know is based on learning from others reading every thread on the forex factory adapting what works for me and makes me money

by giving we recieve 1000x more than we gave , i think all thread starters on the forex factory will agree by giving we recieved 1000x more than we gave

i think Sonics thread is a living example of giving to others in his thread over the years

GOD BLESS from BRIAN

current dashboard done by PAUL AND TRADE4 FUN USE ZERO OF PROFITS
I SENT A SKPE MESSAGE LONG WINDED BUT A MORE DETAIL EXPLANATION
OF EXACT ZERO POINT IN HEDGE

THE TRUE ZERO OF THE ANCHORE AND THREE 1 FOR DETERMINING ZERO FOR TREND CHANGE IS WHEN THE 5 AND EVERY ONE OF THE 5 GO INTO PROFIT AT ZERO PIPS

so all must be plus or all must be negative at zero plus three defines long trend minus three defines short trend on these 2 only for the 14 currencys

the current dashboard exploits out of market iNfficiency of max 5 %

MARKET efficienct is when you have true zero that is all are in agreement at zero

hope this clears up some points

remember 101s anchores i did in a video they all have to go into profit for trend the same is for the three 1

hope that helps you get value from PAULS AND TRADE4 FUNS DASHBOARD

GOD BLESS FROM BRIAN

Brian,

I do appreciate your efforts in helping people how to trade the basket. Just a little request. Can someone out there who have been successfully using the dashboard or those people who created it will come up with some sort of Manual explaining the details on how to use the dashboard is very much appreciated.

God Bless,

Edd

BASICALY the hedge dashboard was putting my whatif excell sheet into mt4 format

so if one understands 101s basket trading method using the core basket strategy to detirminE the long term trend using profit and loss one can see it on the dashboard AND the anchores OF HIS STRATEGY

so this is for advanced multi currency traders tool that understand slot position trading of multi currencys and determing longer term trenDs

its an extension of 101s work to help basket currency advanced traders in entering multi curencys TRADING

the extension ive added is the three1 as a group for identifying short term trends using zero and like the core basket method of all moving over

slot positions in profit i introduced zero into both for less dd during the profit loss cycle

the addition to last weeks close price pips away is also in 101s method

the addition of yesterdays close is also there as price now in regard to yesterday close is usualy probabilty 85% of todays trend after 15 minutes of the opening

PRICE OFTEN REBOUNDS MANY TIMES IN THE WEEK TO LAST WEEKS CLOSE

THE EA ARE PIPS AWAY FROM THE CURRENT PRICE

SO IN THE DASH BOARD ARE MANY OF 101A GROUPS FOR TRADERS THAT LIKE MULTICURRENCY TRADING AND HAVE THERE PREFERED GROUPS

ALSO MULTI CURRENCY TRADERS THAT TRADE THE TRIPPLE SWAP
AND THE MAJOR 8

IT IS A BASIC INFORMATION SHEET FOR MULTI CURRENCY TRADING
TO USE THERE OWN WHAT IFS AS PER THE EXCELL SPREAD SHEET

AND TO HAVE AN OVERVIEW OF THE MARKET BEFORE MOVING TO THEIR CHARTS

IT IS DESIGNED FOR MULTI CURRENCY TRADERS AS AN AJUNCT TO THEIR TRADING AND FOR SOME WHO UNDERSTAND THE BASICS OF 101S STRATEGY AS AN AID TOO

NY MAIN CONTRIBUTION IS THE INTRODUCTION OF ZERO AND A NEW SPREAD SHEET TO TEST IDEAS AND THEORYS

always looking at the charts core baskets hedge off line charts

help you in detirming the trend of the basket as well

zero gives you an entry point to move with the trend of the basket

and go to your charts for confirmation

basicaly the dash board is an information centre an aid in trading for multicurrency traders to use

it is for basicaly advanced muticurrency traders who understand the concepts of this type of trading

hope this clears up the dasboard later paul or trade4fun will do a basic pdf file or someone else

i use both the excell and the dashboard and charts in my trading

hope this brief post helps you

GOD BLESS FROM BRIAN

Basicaly if any group all are profitable you can see how many pips they are from zero at a glance in otherwords if they are green trend is long red short and strong for all of that group

when the three move to zero profit trend is likly to change
when say only 2 out of the 3 trend is not defined for the group

as groups trend tend to move in the same overall dirction

thes anchores help you idenify a major change of the trends posible new direction

zero is the pivot point


one advantage to zero and out of market true efficiency one can exploint the markets in efficiecy using hedging strategys
and trend and non market zero agreement

but ill let others discuss there ideas on non markey inefficiency we all trade different

from brian

I agree with you, a manual would be great, this thread is very long, and one must sit for days to figure out how all of this is done, did that and still there is many thing not clear, I think you need to be a experienced hedge trader to understand all of this, but for traders that aren't so experienced with hedging like my self, I would love a manual, God bless you and many thanks to all of you involved developing this.

go and read my last post on my other thread practice this for a month
im sure it will start you thinking and GIve you grounding in hedge trading

this thread is for only experienced hedge traders sometimes it takes practice to learn hedge trading 101s course was taken by many some tooK 12 months to learn the basics

some one better than me could attempt a manual

i wouldnt attemipt it myself or be able im sorry

it took me years to learn by manualy testing ideas and reading threads
that was my manual

try going to the amazing magic of 3mw iits site is on the first page

if you understand the basics play game mode watch the 14 slots of profit see when the currencys sells more into profit see the buys move from loss to profit watch yhe balamces of the 14

the centre line is zero when they cross

there is a trend change

learn to print money controL dd
sales dd stock ratios

the anchores that cause the trend changes wHen they hit zero

why we use anchores what are anchores

why the three 1
use rhe ecell spread sheet all the info was taken from there
to produce the dash bord

ther is your manual why its on there

you want a manual study THEN use the excell sheet

thats the manual Trade4 fun and Paul used

i physical did it with help from great traders and friends

but go to my other thread practice game mode read 101s thread

study excell but above all practice in demo non stop game mode ect

sometimes if your slow like me only by phsical practicing, say what if

to learn to swim one must go in the water and try reading wont make you a better swimmer only teach you the basics

in my opinion

sorry i dont know any other way to gain experience its by doing it learning from your own mistakes

have fun playing game mode learn to print money AND CONTROLL DD

God bless from Brian

Folks,
Firstly could I please thank Brian and the other contributors to this thread, I have been practising for several weeks now with reasonable results and would not have gotten anywhere without the advise/knowledge given out in earlier posts. I know consideration previously has been given to finding successfull correlations other than currencies only eg; gold/oil etc. I was wondering with the imminent risks to the dollar if anyone had any advice on a possible new six pairs which could include either one or more of oil/gold/silver/dow etc and any related currencies which might prove to be a suitable hedge. I don't have enough experience to determine these fully but am aware that oil/gold etc have some form of correlation with Aud & Cad or even with the CHF in respect of a potential safe haven. So if anyone has a view on whether this is a suitable avenue for consideration I would be grateful for their thoughts, Kind Regards Des

i advise caution trading now ive reduced my bks accounts and although im still live trading im waiting for us goverments decision re default
trend bias is till my favourite method using o zero plus three plus the trades on the hege for giudance

here is trades today using trend bias

god bless from brian

Hi Brian,
i see from your trading statements that you dont use SL or TP. So i guess you close your tradings manually.
How often do you check your tradings' status?
How much time do you spend monitoring your trades?

I backtested bosun lines strategy with 20 pips tp in last 10 years, i got nearly 100% position closed in profit in many pairs. I'll post these results later.


Thank you
bye

http://www.youtube.com/watch?v=xV7BLchDrMY

as promised in my previous post, i attach here the backtest result of my EA based on bosuns lines.

here are the results:
Tested on AUDUSD from 2001-01-01 to now using metaquotes quotes available on MT4
221 trades, 100% closed in profits. Account doubled, from 10k to 20k.

my test settings:
I used fixed tp at 20 pips, no stop loss, trading only in the positive direction of rollover.
I set limit orders according to weekly bosuns line on monday (expiration on saturday) using 0.1, 0.2 and 0.3 lots for progressive position averaging according to current drawdown.

Obviuosly humans would do better, these are the lower bound performances. These are only for indication that the direction is correct.