3% Risk Gives You Bliss System

Hi
I am begining to trust this system. I run the system in a backtest from 7th june to date this year and the results are stunning...... especially that i maintained the lot size till the latter days. This is a very simple system. The backtest is purely manual.

The only valid results for any system/method are forward on a live account.

Rarely forward trading match backtests ...

The PDF show a detailed report.

Most of the drawdowns were intentional. I hedgeded some of them and used the reversal system in a few cases...

Thats ok. I am going live and will post the results at the end of the next month based on this system only....

keep us posted albert please .

has anybody had success with the EA? as i cannot trade an m15 system manually due to work.

i have been usuccessful with the EA

Hi,

Have been trading this method for a while also with good success on several Live Micro accounts for now after Demo trials. I use 1:10 leverage until a system proves itself over 6 months. I guess this is important as in combination with a micro account after Demo trial, exposure to risk is best kept to a minimum until profit is as easy as shelling peas.

Have used it to monitor Signals on several other live accounts also with success.

May I add several suggestions which after all are only my suggestions.

I have dropped the Market hour indicator in favour (yes English spelling of favor) of the PL4 clock for several reasons.
- 1st it is overlayed on the main screen so takes up no window space allowing for a stochastic indicator for neat entry confirmations.
- 2nd PL4 also gives your traders spreads, all the market open & close times the range, volume, local time & pips to open time.
- 3rd and perhaps the most compelling is it gives the bar left time in a decreasing count down, this is very useful as you may have noticed patterns around bar close change times. Don't get me started on Bar closes as this is a whole new can of worms not for here.

Should mention that the system is being used along side Two others to confirm entries, exits & market direction.

I also use the following:-

Bulls & Bears movement, Bollinger bands & the 240H MA as this is very important to me method of trading. (Bollinger Bands on another screen)

Easy order script for ease of order placement, 10.4 V 1.1M indi as this gives pip exposure distance from 240H MA & most importantly Market action.
SS_Support & resistance_v04c for resistance & support bands plotted for me;


Autochartist on the chart & live online, as I trade with Alpari;

I use theirs & in contrast Fxtimes News & technical analysis, also Forexfactory news.

I have my charts set with Scale Fix & volumes so I can zoom into the action.

See Template as used on one of the five trading screens for 3 pairs only, GBPUSD, EURUSD, EURGBP.

https://charts.mql5.com/4/510/eurgbp...ari-uk-ltd.png

Thanks for the efforts made here as they have helped me.