Delta rejection

when i was a forex begginer the dream was to have a high winrate and many trades. high winrate means you know something about the market and many trades ad up much more then other systems. you can be a billionaire in forex in a short time daytrading .it has been done but they keep their privacy. so i'm not saying trade this pattern. i'm saying use a simulator and simulate trades- backtest always for new ideas. even this pattern can have many improvements. if you reach 1000 trades that end in profit i think that's a good success indicator.

Hi, thank you for sharing. I have seen this strategy in a few different places a while back in my newbie search for the "holy Grail' system lol and mostly on higher time frames. High win rate is great, but if your risk to reward is bad you will not get anywhere. This strategy has ok R:R, so it should be profitable in the long run. Are you trading this live? Kind Regards, Tzamo

no , i'm not live trading this. i have other systems. i've put up this pattern for anyone who wants to improve it. there are 2 perspectives - either a bigger sl and a smaller tp, either a smaller sl and a bigger tp . entries can be improved also. i don't think you found it exactly the same. i found it in my backtesting and not on forums. what matters is that it's easy to identify the location and it's systematic by nature. if i see a pattern then everyone who sees the pattern get's it. it doesn't have the big discretionary tendency of supp and resistance or of trendlines or some candlesticks. if i see a chart and members of this thread see the same chart we will have the exact same entries. if people will work they will get sl and tp. that can be systematic too. there is no place for interpretation and or of error. close to a science. in regards to the holy grail it exists- either discretionary(instinctual) or systematic, either 20% or 85% winrate and it is called a winning trading system or a profitable trader. need not be 100% accurate.

from my short testing last night of sl and tp for this pattern it might be good if it had a risk reward of 1 to 2 . please tell me if you managed to find a sl and tp that works. that would be awesome. i think in a couple of months this pattern can be ready for some live testing or demo because for me they are quite similar.

for everyone who read the 2b pattern, delta rejection is an update to that.

final theory regarding the system without giving to the whole world free work which in my opinion is very detrimental to the economy . it can be at 65% with 1:2 . that means a very big profit factor. needs more testing but it has potential. someone said i'm selling into support . that means i'm very naughty if i'm successful at it no? at 40% winrate with a 1 to 2 you can still win but it can give more then 50%

something to listen to while you are working. house music relaxes me greatly. this is deep house.

may I get a template of the colour schedule of your charts

you like the template?

i do, yes.

here it is.

allow dll inputs in indicators common tab
need dynamicZone.dll

will upload template for u soon

this is my first success after years of backtesting. it's from a low 100 dollars testing account. there is a question in the trading community if the holy grail exists or not. i think it exists. you just have to be a very good researcher in order to find it.

Thanks for posting this. What pair and timeframe was used for this testing? Was every single trade taken based on the rules? did you use 1:2 risk reward for this?

timeframe m15, eur usd. the trading system is not posted here on this forum. it's my invention. i'm showing that success is possible. in regards to the system presented if you manage to find good exits i think it can be successful too. either way as a brand it comes from delta's labs. in the future i will simulate and live trade 5 new trading systems that i don't use .