Tiger trend trading -long term position trading

friends..

I am interested in sharing a method..that has been inspired by
the millipede thread started by pipeasy
..i have also modified some of the indicators and templates used
in the flying buddha technique..again, explained very well by pipeasy.

I think this WILL be MASSIVELY profitable system in the long run(with occasional bouts of successive losses)...
but, so far in a very short period of time,
its exceeded my expectations!!

The key to this method is patience and sticking to the rules.

EDITED JUNE 2013:
THE UPDATED SYSTEM USES WEEKLY CHART FOR TREND DETERMINATION AND 15 MIN FOR ENTRIES
AS OPPOSED TO THE PREVIOUS IDEA/METHOD OF DAILY AND 5MIN
(THE ADVANTAGES OF THIS UPDATED SYSTEM, AS I SEE IT..
CONTROLLED LOSSES, LOW MAINTENANCE AND THE PRESENCE OF "NO TRADE" PERIODS)

Its still in the testing & improvement phase

I am still demoing..so please do not put any real money..
which in no way..will i be responsible for your losses!!

SET UP:
USE 2 CHARTS FOR EVERY PAIR:
A. 15 MINUTE CHART (3/5 EMA CROSS- ENTRIES CHART)= USE KOLIER EA
B. WEEKLY CHART (2/5 EMA CROSS-TREND INDICATOR CHART)= USE BREAK EVEN V2 EA

RULES:
1. TURN ON THE KOLIER EA, IN THE DIRECTION SUGGESTED BY THE WEEKLY CHART
ARROW (SAFE ENTRY: START FROM THE NEXT WEEKLY CANDLE )
2. STAY IN THE MARKET TILL A NEW ARROW SUGGESTS OTHERWISE
( EXIT: ON THE NEXT WEEKLY CANDLE)
3. PAUSE TRADING ON THE 15 MIN CHART ONCE YOU SEE OPPOSITE ARROW BEING
FORMED
4. USE A SL OF +/-70 FOR EURNZD, GBPNZD ETC.
5. USE A SL OF +/- 30 FOR EURJPY, GBPJPY ETC.
6. WATCH YOUR TRADES ONCE EVERY DAY OR EVERYOTHER DAY
7. IF YOUR BALANCE IS IN NEGATIVE, CLOSE A FEW OF THE WELL FORMED LEGS TO REPLENISH THE ACCOUNT.
8. START BELIEVING IN THE FACT THAT ENTRIES ARE RANDOM AND THERE IS NOTHING
YOU CAN DO ABOUT IT (WHICH MEANS, THERE COULD BE A STRING OF LOSSES)



TRADE MANAGEMENT:
1. ENTER (AUTOMATED) 2 LOTS (MICRO/MINI/STANDARD)
2. EXIT ONE LOT (AUTOMATED) WHEN TP=SL, AND LET THE OTHER LOT(NOW, THIS SL IS MOVED TO ENTRY PRICE) RUN TO THE MOON.
3. DO NOT ENTER OR EXIT ON THE WEEKLY CANDLE AS THE ARROW IS BEING FORMED (ALWAYS
ENTER ON THE FOLLOWING CANDLE)
4. EXIT(MANUALLY) WHEN THE WEEKLY TREND IS DEAD

SET FILE FOR KOLIER EA:

AdvisorName=Kolier_MA_Crossover_EA
AdvisorVersion=1.0.2
ProjectPage=http://kolier.li/project/kolier-ma-crossover-ea
Entry_Exit=Entry & Exit Settings
TradeAtBarOpen=0
AllowBuyAmount=400
AllowSellAmount=400
AllowHedge=0
CloseOpposite=0
MAFast_iMA=http://kolier.li/example/mt4-ima-system-moving-average
MAFast_Period=3
MAFast_Shift=0
MAFast_Method=1
MAFast_Price=0
MASlow_iMA=http://kolier.li/example/mt4-ima-system-moving-average
MASlow_Period=5
MASlow_Shift=0
MASlow_Method=1
MASlow_Price=0
Trade_Time_Filter=http://kolier.li/example/script-function-trade-time-filter
TradeTimeFilter=0
TradeBegin=07:00
TradeEnd=19:00
EndInTomorrow=0
Order_Operation_Open=http://kolier.li/example/script-function-order-operation-open
ECNBroker=0
Magic=222222
Slippage=10
Lots=0.10000000
StealthMode=0
TakeProfit=0.00000000
StopLoss=50.00000000
Order_Operation_BreakEven=http://kolier.li/example/script-function-order-operation-breakeven
UseBreakEven=0
BE_StealthMode=0
BreakEvenPips=20.00000000
BreakEvenWithProfit=0
BreakEvenProfit=3.00000000
Order_Operation_Trailing_Stop=http://kolier.li/example/script-function-order-operation-trailing-stop
UseTrailStop=0
TrailAfterEven=0
TS_StealthMode=0
TrailStopPips=20.00000000
TS_MovingInChunk=0
TS_Chunk=10.00000000

SET FILE FOR BREAKEVEN EA:

LockInPipsAt=70
LockInPips=0
Trades=2
ModifyTrades=1
ModifyTrade3=0
FontSize=10
FontColour=16776960


PLEASE NOTE:
MA ribbon goes in the experts/indicator folder...kolier and breakeven goes to experts folder; and weekly and 15 min
goes to template folder

this is the floating pips/profit in 3 weeks..
i know it fluctuates..but just to show you the power of
letting your winners run!!

ENTRY:
check the signal on the daily chart which is using the MA ribbon signals.
its a simple 3/20 ema cross signal.

go to the 5 min chart.
1. enter on the cross of 9/20 ema cross with the MA ribbon signals.
2. enter only on the second consecutive signal which is somewhat of a
confirmation that the trend is established in the direction of the main daily trend
3. keep stacking positions.
4. establish SL as the peaks or valleys associated with the
eMA cross.

TRADE MANAGEMENT and EXIT:
I enter with 2 units (micro/mini/standard..whatever)
1. exit first unit when the lows or highs of the daily candles
are violated depending if its uptrend or downtrend
2.exit the second unit when when there is a signal change in
the daily chart..i.e. 3/20 ema cross.

2 TEMPLATES..
one for daily chart for trend determination
second, for entries on 5 min chart

you will have numerous small losses..learn to love it.
there is no way around it..
think about it..
the entries are 50/50..nobody knows what the hell this
animal would do in the next second.

but, the advantage we have on our side is that..
forex markets maintain the trends for weeks and months..
we need to capitalize on it,, by keeping our positions open
to maximize the gains.

I have 75% of losing trades..something like around 40 losing trades.


But, MY LOSSES ARE SO SMALL..
that i know i can stay here in this business for much longer..

if you see..the majority of my pips movement was from gbpjpy..which always moves like a psycho-monster..
I like it!!

so the big gains eclipsed all my small losses+
my partial exits (closing 1 unit) kind of filled in the gaps to make the equity line look nice.

the advantage of using 2 unit entries..
you will have a 1 unit exit using high/low violation of the daily candles
and then the final exit..where you exit every open position!!
please look at the systematic way in which i exit from the charts attached.

this is a simple method(read: not easy)..all you have to do is just follow the rules..and get your hands on those elusive pips.

some of the entries I took yesterday...
on the 5 min chart (after determining the trend in daily chart)

all the entries are taken from 5 min chart
with a SL.

if these positions survive for the long run!!

before i come back to see if there are any opportunities.

audusd
and eurusd entries were losses..
the price came back to hit the SL.

Hi Supercat,
Am following this with great interest but have a small question. the daily trend at moment on gbp/jpy is down as per your rules, but last couple of days have been up candles, should we still take short signals on 5min chart or should we wait for daily to start going down again.
Regards
Geoff

Geoff:
you are right!!
we are only in sell on gbpjpy..
you could actually wait...yes, when the daily candle is red that is a good indication..but also..
you could see from the 5 min chart (of course you get your judgement from
the daily candle really well)...
but, you dont take every signals..
you take the second signal onwards in the downtrend..i have marked them
in the attachment...all losses..thats ok..its part of the game.

with some practise... most times just visually...you will get a feel for it..
and again..like i said..entries have only 50/50 chance to survive..

if you see my losses..
i have plenty and i will have plenty..
but the daily chart should give you the confidence in staying in the trend..
and stacking (pyramiding)..

ask me any questions..i would love to explain about this method..
i will truly go above and beyond in helping you or any person who would 'want to join me in this journey.

thanks,
manny






Hi Supercat,
Am following this with great interest but have a small question. the daily trend at moment on gbp/jpy is down as per your rules, but last couple of days have been up candles, should we still take short signals on 5min chart or should we wait for daily to start going down again.
Regards
Geoff

eurjpy..nothing really!!..because we are looking for sell signals..
it just seems to be going up.

eurnzd...i am waiting based on the daily candle and waiting for the second signal.

gbpchf..1 loss..but, i am waiting for it start a downtrend.
all these are 5 min charts!!

few signals being generated here..on GBPNZD

Note: if you look at the daily on this pair..based on the moving average cross
there seems to be plenty of sell momentum..meaning it seems like
a strong downtrend so far..

again, its something i see as a possibility only..as, i have no powers of prediction!!

no problem..

I am still up by 4800+ pips..

I would be happy even if its just 2323 pips in realized gains at the end of the month..thats 20% !!
although..i will still be happy with whatever the market and the trends give me...meaning..
i would love for the trend to go to the moon!!

Loving your thread, and also your open trades ill definitely follow you and subscribed! way to go buddy.

thanks my friend...
lets go loot those pips..keep the platform running!!

i felt like posting this..because i did not have anything else to post..
still waiting!!