Hello, this is my new thread to keep all of my end of day automated systems in one place. Anyone who has been following me will know I have had reasonable success with my Donchian Channel system pulling in 20% in just under 3 months of trading. This new thread is built on the success of that system and will include not only an improved version of that system but also a range of new systems.
My masterplan is to devise, code and test systems that can be automated with expert advisors to run on daily charts. It is a tempting idea that these systems could be made to work on lower timeframes and therefore make a bundle of money quicker but I am yet to be convinced that this would work, the spread being one of the main reasons. I'm sure there are people who are making money with expert advisors on lower timeframes but this is not my aim. As a manual trader I naturally drift to higher timeframes so it makes sense for me to concentrate my automated system strategies to the daily timeframe. This has advantages such as only having to have your pc on for 5 mins a day at the close/open of each candle.
I have numbered my systems, 1,2,3, etc. As these things go system 2 is ready to trade before system 1. System 2 is starting on the 5th November 2012 (good to start with a bang!). I have attached charts showing the current situation and there is nothing happening for a good long while as everything is a fair way away from the outer Donch Channel. Oh well, this is trading not Disneyland, something will happen in it's own time.
As time goes on I will add more systems and more trade explorers. The expert advisors for these systems are available to full members of my site at www.hughbrissforex.com . Also in the full members area there are discussions of profitable systems traded by the members of the site, indicators, other expert advisors, videos, articles and ebooks. Full members can also arrange free skype sessions with me to discuss any area of trading. There are many other benefits of becoming a full member, check the site for details.
You can register to become a free member by going to the site. There is a free members area where I discuss my systems that I have previously given away for free such as the Quick and Dirty method and Swing Trading with Heiken Ashi and Stochastics. Also there is a general discussion area for free members to discuss anything you would like to discuss.
Please do drop by the site or post here and I will be happy to hear from you. I wish everyone luck with their trading. I'll update this thread as events unfold. More systems coming soon.
My masterplan is to devise, code and test systems that can be automated with expert advisors to run on daily charts. It is a tempting idea that these systems could be made to work on lower timeframes and therefore make a bundle of money quicker but I am yet to be convinced that this would work, the spread being one of the main reasons. I'm sure there are people who are making money with expert advisors on lower timeframes but this is not my aim. As a manual trader I naturally drift to higher timeframes so it makes sense for me to concentrate my automated system strategies to the daily timeframe. This has advantages such as only having to have your pc on for 5 mins a day at the close/open of each candle.
I have numbered my systems, 1,2,3, etc. As these things go system 2 is ready to trade before system 1. System 2 is starting on the 5th November 2012 (good to start with a bang!). I have attached charts showing the current situation and there is nothing happening for a good long while as everything is a fair way away from the outer Donch Channel. Oh well, this is trading not Disneyland, something will happen in it's own time.
As time goes on I will add more systems and more trade explorers. The expert advisors for these systems are available to full members of my site at www.hughbrissforex.com . Also in the full members area there are discussions of profitable systems traded by the members of the site, indicators, other expert advisors, videos, articles and ebooks. Full members can also arrange free skype sessions with me to discuss any area of trading. There are many other benefits of becoming a full member, check the site for details.
You can register to become a free member by going to the site. There is a free members area where I discuss my systems that I have previously given away for free such as the Quick and Dirty method and Swing Trading with Heiken Ashi and Stochastics. Also there is a general discussion area for free members to discuss anything you would like to discuss.
Please do drop by the site or post here and I will be happy to hear from you. I wish everyone luck with their trading. I'll update this thread as events unfold. More systems coming soon.
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