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The Most Profitable and Accurate System!? - All Welcome

  • Post #1
  • Quote
  • First Post: Edited at 5:27pm Aug 15, 2016 5:01pm | Edited at 5:27pm
Hi Traders,

Many of you may have seen me in a lot of other system threads, that's because i've been searching for something but i haven't found it so that is why i am creating a brand new thread for it!

I have realized that myself and many other traders are looking for a very accurate and profitable trading system, if you have one that has been profiting you many PIPS please help the community and share it with us.

Uploading the indicators that you've used, the template and a screenshot of a trade would be really really helpful, thank you guys so much in advance!!!

*I WILL BE UPDATING THIS 1ST POST WITH THE BEST SYSTEM.
Thanks, hope you can contribute
Might not be taken seriously at all, but don't say I didn't tried. Just think about it for a minute...

"The best system is inside of our mind not outside of it." If you want to be profitable every day, see yourself in those shoes and you will eventually attract the supposed "best system + MM" and achieve that goal and status depending on your faith in it and will to win in LIFE.

Have a nice day, cheers!
"When the answer is simple, God is speaking" (Albert Einstein)
Quoting OneLegend
Might not be taken seriously at all, but don't say I didn't tried. Just think about it for a minute... "The best system is inside of our mind not outside of it." If you want to be profitable every day, see yourself in those shoes and you will eventually attract the supposed "best system + MM" and achieve that goal and status depending on your faith in it and will to win in LIFE. Have a nice day, cheers!
Sorry mate , but that's bullshit. You really need to know what you're doing. If what's in your mind doesn't match up to how market prices move , you WILL lose all your money.
You can just stop looking, you will not find it. Even if there are profitable systems that other traders want to share, chances are it wont work for you since its been fitted to their personal situation.
Youre much better of studying hard on every concept, backtesting like a mad man and developing your own system through it.
That is something people dont like to hear: Do you really mean i gotta put in all this work?!?
Well duh offcourse you have to, you will not succeed otherwise and if you cant be bothered to do this just stop now because you will fail. (While losing a couple of K probably)
Here is a little eyeopener from me : the time it will take you to develop and backtest a system you developed and fitted to youre own needs, will probably be much shorter than you finding a system that works for you by hopping around.
My two cents
Quoting Rlt
You can just stop looking, you will not find it. Even if there are profitable systems that other traders want to share, chances are it wont work for you since its been fitted to their personal situation. Youre much better of studying hard on every concept, backtesting like a mad man and developing your own system through it. That is something people dont like to hear: Do you really mean i gotta put in all this work?!? Well duh offcourse you have to, you will not succeed otherwise and if you cant be bothered to do this just stop now because you will...
What makes you think that a profitable system has to fit your needs ? So you re a scalper cause it fit your needs but you discover a profitable longterm system, would you switch ?
The only thing that matters is being profitable AKA making money, whether scalping, martingaling, using astrology etc, it has zero thing to do with your needs at all.
And hard work is overrated too, working hard doing the wrong thing wont get you anywhere, but i get your point though.
For my part i think instead of all that you need comon sense and luck lol.
Dear Tillionaire,

It would take someone years of hard work to develop a "very accurate and profitable trading system." Such a system would be a goldmine. I am sure many veteran traders are minting money with highly profitable systems they have developed. But why would they share their goldmine with anyone? And for free???

There are no shortcuts to success in this trading business. You have a tremendous amount of data and techniques to learn. Given enough passion, intelligence, hard work, perseverance, and a right mind-set, I suppose anyone can be successful in this field.
I am perfect, I don't make mistaeks, misstaks, misteaks, miskates...
Quoting GnWFx
Dear Tillionaire, It would take someone years of hard work to develop a "very accurate and profitable trading system." Such a system would be a goldmine. I am sure many veteran traders are minting money with highly profitable systems they have developed. But why would they share their goldmine with anyone? And for free??? There are no shortcuts to success in this trading business. You have a tremendous amount of data and techniques to learn. Given enough passion, intelligence, hard work, perseverance, and a right mind-set, I suppose anyone can be...
Hey,

Yeah, i guess you've got a point there and it's quite true.

Maybe the thing that motivated me to start this thread in the first place is all the other threads claiming to have the perfect system! haha
Quoting metta87
{quote} What makes you think that a profitable system has to fit your needs ? So you re a scalper cause it fit your needs but you discover a profitable longterm system, would you switch ? The only thing that matters is being profitable AKA making money, whether scalping, martingaling, using astrology etc, it has zero thing to do with your needs at all. And hard work is overrated too, working hard doing the wrong thing wont get you anywhere, but i get your point though. For my part i think instead of all that you need comon sense and luck lol.
What i meant by needs is like in youre example a scalper would need alot more screentime than someone who would trade off the daily and using a set and forget type. If you cant spare the time per day than the one system fits you more than the other.
But i can understand youre view on this aswell.
According to my six years trading experience, Price Action trading strategy is the most reliable strategy in Forex! It’s the most flexible one, you can work on any trading pair by PA trading strategy! At the present, I use almost 19 trading pairs in order to my PA trading knowledge, even I can predict maximum news events by PA strategy!
There are lots of strategies that you could deal in with in Forex Trading. But the thing is that each of the strategies won't work for all the market situations, so we need to learn all of them
I think the best system out there, is what fit's your beliefs about the market. You don't have to create everything from scratch, take bits and pieces from different strategies and create your own. But first you must ask yourself what you see, when looking at the market.
Learn first and Try them out and let me know my friend .
Attached File
File Type: rar True TDI System.rar   709 KB | 637 downloads
CHECK MY TE !
Davshite All Time Pips: 541
Considering the market moves on supply and demand (like every other market), I'd start looking in that direction.
Price and volume reveals everything. The market moves on supply and demand.
Quoting Darastonius
Considering the market moves on supply and demand (like every other market), I'd start looking in that direction.
Can you make that less cryptic?
So many trading system or strategies are available in this market place that we the traders choose according to our trading experience. If we want to get maximal result by our trading system first of all we have to emphasis on money managing plan , otherwise you can be a loser despite of having powerful trading system.
Don't exist !
Never Gamble Forex
Quoting NeilWagner
According to my six years trading experience, Price Action trading strategy is the most reliable strategy in Forex! Its the most flexible one, you can work on any trading pair by PA trading strategy! At the present, I use almost 19 trading pairs in order to my PA trading knowledge, even I can predict maximum news events by PA strategy!
I agree with your opinion! Chart pattern trading is much powerful trading strategy than any indicator based trading strategy or system! Yes, it’s the most flexible one, works on all kind of trading instruments from Forex to Stock!
  • Post #18
  • Quote
  • Edited Jun 13, 2017 12:08pm Jun 12, 2017 12:56pm | Edited Jun 13, 2017 12:08pm
Hi guys
I know a system that seems to work well:

Timeframes: D1, W1, MN.
Indicators: Candlesticks + Bollinger Bands (period 20, deviation 2, shift 0).

Look for a too strong candlestick pattern (bigger candlesticks than most of the other candles but not unusual big) with a strong Bollinger Bands breakout (at least one of the candlesticks body should breakout), on an exhausted market (this one is hard to describe but it's somehow the lack of trend for several candlesticks, sideways market, ask on the forums what exhausted market means), on longer timeframes, when the daily candlestick has closed at 5 pm New York time. Make sure you analyze a New York close time 5-day daily chart. Zoom out the chart to analyze correctly (to be able to see if a trend has ended or if market is exhausted).
Check daily charts once a day, if you see a setup, set a proper SL and TP and take it. And dont monitor your position all the time. If there is no trade setup then stay out of the market.

You will need to refer to the weekly and monthly time frames sometimes in order to not go against the market:
Firstly, there are strong S/R-levels on monthly chart. Check exact psychological numbers and most visible highs/lows.
Check bollinger middle band on weekly and monthly chart before entering a setup through daily chart because BMB can act as a strong S/R-level. It's up to you to take a setup in that case.

Strongest signals: Bullish/bearish engulfing pattern, dark cloud cover, piercing line, high wave doji, pin bar.

Weaker signals, perhaps better to avoid: Inside day/harami, doji, morning/evening/doji star, tweezers. They all need confirmation, the candles should be strong AND they need BB breakout. They are all reversals on an exhausted market, unless the confirmation candle shows otherwise.

If you enter the market based on a signal pattern that has NOT formed on an exhausted market, you are taking a risk.

And one advice you better close your position at friday because the spread can widen a lot during weekend and your stoploss can get hit or the price can move even more than your SL, depending on what is happening during weekend. This especially can happen when there is a big event during the weekend like president election.
I don't think you will find one and I don't think those traders with very "accurate and profitable trading system" will ever share theirs.
Never looking about 100% accurate and holy grail , I lost a lot of time about it. Never everything is black or white. Play with trend/confirmation from bigger picture. If something is profit for someone , it can be not for you. The best is try systems from here and mayby mixed something for you


Mayby check "trading systems" and the most replies , this threads I think have the most knowledge and history/confident.
"The essence of Discipline is that there are no exceptions" - Jack Schwager
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