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(binned per thread starter's request) super short day trading sys

  • Poll

  • 75% win?
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  • #1
  • First Post: Edited Sep 18, 2020 10:46pm Jun 20, 2017 10:02pm | Edited Sep 18, 2020 10:46pm
This system works on range ,trend, and breakout
Holy Channel and super signal channel indicators repaint always. HA candles and MBFX TIMING not repainting.


Example pictures telling 1000words
Five rules in this system

Buy Rules
1) Price must be touching lower channel
2) Super signal channel arrow green
3) MBFX TIMING 30 above yellow to green line
4) First Heiken Ashi candle must be White
5) Buy above the dotted blue line https://www.forexfactory.com/showthread.php?p=10001802#post10001802 (no need Super signal and MBFX TIMING)

Sell rules
1) Price must be touching upper channel
2) Super signal channel arrow red
3) MBFX TIMING 70 below yellow to red line
4) First Heiken Ashi candle must be Red
5) Sell below the dotted blue line https://www.forexfactory.com/attachment.php?attachmentid=2365541&d=1498111982 (no need Super signal and MBFX TIMING)

Trading Duration london open to London closing

Currency pairs Any

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 110 KB
Click to Enlarge Name: Screenshot1 (1).png Size: 80 KB
Attached File(s)
File Type: mq4 Heiken Ashi.mq4   5 KB | 1,343 downloads
File Type: ex4 HolyCandleTime.ex4   2 KB | 1,574 downloads
File Type: ex4 HolyChannel.ex4   13 KB | 2,131 downloads
File Type: tpl Jsystem.tpl   1.3 MB | 1,756 downloads
File Type: mq4 MBFX_TIMING.mq4   4 KB | 2,369 downloads
File Type: mq4 super-signals-channel.mq4   4 KB | 2,104 downloads
  • #2
  • Jun 20, 2017 11:43pm Jun 20, 2017 11:43pm
hi
sell from top ... buy from bottom.
good system, but, and sorry to say, the arrows and the channel are repainting ! you need to find better channel catching base to signal in and out.
some false signals are there.
you need to add daily range counter ndicator to help you to know when to stop trading or to add your tp
I use now adays simmilar system .

and I must say it , these systems (also the one I use ) will give many false signals on tf 15 min
however, with good daily range understandings and with compounding you can achieve some good pips in your account

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GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #3
  • Jun 21, 2017 12:02am Jun 21, 2017 12:02am
Thanks for sharing your system. It looks interesting. I will test it. Thank you.
FOR THE HORDE
  • #4
  • Jun 21, 2017 12:33am Jun 21, 2017 12:33am
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  • #5
  • Jun 21, 2017 12:41am Jun 21, 2017 12:41am
Hi jben10000,

Your system look interesting, according your experience the holy channel indicator bands repaints?
  • #6
  • Jun 21, 2017 1:03am Jun 21, 2017 1:03am
10pips Reached
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  • #7
  • Jun 21, 2017 1:08am Jun 21, 2017 1:08am
75% win not 100%
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  • #8
  • Jun 21, 2017 1:28am Jun 21, 2017 1:28am
Quoting Samer1970
hi sell from top ... buy from bottom. good system, but, and sorry to say, the arrows and the channel are repainting ! you need to find better channel catching base to signal in and out. some false signals are there. you need to add daily range counter ndicator to help you to know when to stop trading or to add your tp I use now adays simmilar system . and I must say it , these systems (also the one I use ) will give many false signals on tf 15 min however, with good daily range understandings and with compounding you can achieve some good pips in...
Hi... samer Please backtest this system and give me some feedback.

Quoting jben10000
75% win not 100%{image}
Target Reached 10pips

Quoting jben10000
75% win not 100%{image}
Target reached
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  • #9
  • Jun 21, 2017 2:18am Jun 21, 2017 2:18am
Quoting jben10000
{quote} Hi... samer Please backtest this system and give me some feedback.
hi
i have tested it with pairs since few hours and i am still monitoring it, but as i said above, it is a good system, but it is still having a repaint channel and some false signals.
however, this is true, you can add the daily range indicator to know where to make your tp and sl
for example,
the average daily range for AUD/USD for the last 30 days is about 550 points = 55 pips, so i advise you if you want to use this method for this pair as an example the take profit should be 40% only of the daily range = 210 points = 21 pips ... do not forget the spread .
stop loss ( at which i do not use ) might be all day range of 60 pips

or example
GBP/USD
average daily range is 1550 points = 155 pips for the last 30 days
so the take profit is 40% of this value
it is tp = 600 points
stop loss ( at which i do not use ) might be all day range of 155 pips
GUYS BE AWARE FROM HUNTING YOUR STOP LOSSES BY YOUR BROKER & BY "GHOSTS"
  • #10
  • Jun 21, 2017 2:34am Jun 21, 2017 2:34am
Short NZDUSD 12pips
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  • #11
  • Jun 21, 2017 2:45am Jun 21, 2017 2:45am
Buy setup
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  • #12
  • Jun 21, 2017 3:03am Jun 21, 2017 3:03am
Quoting Asimox
Hi jben10000, Your system look interesting, according your experience the holy channel indicator bands repaints?
Yes Holy channel and Super signal indicators repaints. Entry is the key.
  • #13
  • Jun 21, 2017 3:57am Jun 21, 2017 3:57am
Quoting jben10000
Short NZDUSD 12pips {image}
Hit SL 12pips
  • #14
  • Jun 21, 2017 4:13am Jun 21, 2017 4:13am
EURUSD buy setup
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  • #15
  • Jun 21, 2017 5:07am Jun 21, 2017 5:07am
NZDUSD sell setup
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  • #16
  • Jun 21, 2017 6:03am Jun 21, 2017 6:03am
Quoting jben10000
EURUSD buy setup {image}
12pips +
  • #17
  • Jun 21, 2017 8:22am Jun 21, 2017 8:22am
Quoting jben10000
NZDUSD sell setup {image}
NZDUSD 11pips profit
  • #18
  • Jun 21, 2017 8:28am Jun 21, 2017 8:28am
Today EURUSD 12+TP
NZDUSD 12-SL 11+TP
NZDJPY 10pips TP +
EURAUD 10pips TP+
  • #19
  • Jun 21, 2017 8:34am Jun 21, 2017 8:34am
Quoting jben10000
Today EURUSD 12+TP NZDUSD 12-SL 11+TP NZDJPY 10pips TP + EURAUD 10pips TP+
pretty decent result so far, 80% win ratio, higher than thread title. way to go, mate!
i'm gonna keep an eye on this one
"If you run, you'll only die tired." - Sniper's philosophy
  • #20
  • Jun 21, 2017 9:00am Jun 21, 2017 9:00am
Pros and Cons about using the holy channel and holy signal. It repaints a lot when you get a higher high or a lower low. I used to use it and found it to be frustrating so I switched to the MBFX System and added the holy signal with some other filters. Hope this helps in some way. Good luck in your trading. MBFX CHANNEL, MBFX TIMING W/ SETTINGS OF 7 DEFAULT AND ANOTHER ONE AT 20(SLOWER FOR LONGER TF) I ALSO FILTER THE TRADE WITH A HULL MA13, AND THE DSS CYCLE HAS BEEN PROFITABLE FOR ME. I ONLY TAKE TRADES IN THE TREND BIAS.
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