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An Edge for an Edge (System Development)

  • #61
  • Apr 15, 2017 9:20am Apr 15, 2017 9:20am
a complet trading system
trade as much asset classes
use only daily chart
bb350,1
buy tomorow at market open if today close is outside upside bb band
stop middle bb band
reverse for sell
Attached Image (click to enlarge)
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Price itself it's an indicator
  • #62
  • Apr 15, 2017 9:31am Apr 15, 2017 9:31am
like above but with an 100 day donchian channel bassed on the close prices.
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Price itself it's an indicator
  • #63
  • Apr 15, 2017 9:49am Apr 15, 2017 9:49am
the simplest one
trade all asset clases be aware of corellations
use only weekly chart with sma40
buy (reverse for sell) next week if last week close price was above sma40, but only if actual price is 10% or 20% higher from last week high (this way you will skip some false signals)
stop at last week low minus 10% or 20% from last week range
Attached Image (click to enlarge)
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Price itself it's an indicator
  • #64
  • Apr 19, 2017 1:46pm Apr 19, 2017 1:46pm
trick for all market
trade only daily charts or define long term trend and add possitions in the direction of long term trend using charts like 30 min,1h etc.
if today was an bullish outside day and yesterday was an pin bar then buy tomorow at maket open (reverse for sell)
stop at outside day low
trail the stop
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Price itself it's an indicator
  • #65
  • Edited 2:19pm Apr 19, 2017 1:58pm | Edited 2:19pm
all markets
daily charts or define long term trend and buy only in an uptrend and sell in down trends
for long (reverse for sell)
after an bullish mother candle we need at least 2 inside bars that will be in the range of the mother candle
after the inside bar an outside bar appers
the outside bar needs to be also bullish
go long tomorow at market open
(ffor short mother candle and outside bar should be bearish days)
stop low of the outside day
trail the stop

the pic is from gold at the begining of 2011 and in the same time the pattern abolishes trading systems based on fibonacci moving averages numbers. (if you apply 21 ma to the gold chart you will see that the ma generated also an buy signal ) but markets are moved by capital not some bogus fibonacci numbers
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Attached Image
Price itself it's an indicator
  • #66
  • May 12, 2017 4:27pm May 12, 2017 4:27pm
i call this trick bishop run (its an really nice concept, and i'm sure some traders use it but i don't tink you will find it over internet)
all markets
only daily charts
define long term trend
only buy in uptrends / sell in downtrends
for buy (reverse for sell)
if actual trend its bullish, and today high was the highest high in 3 days,today low was less than the lowest low in 3 days and the day closed bullish then buy tomorow at market open
stop at lowest low or set stop at the low of signal candle
trail the stop
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Price itself it's an indicator
  • #67
  • May 12, 2017 5:24pm May 12, 2017 5:24pm
all markets
daily, wekly or monthly charts
wide volatility day trick
define long term trend
for long (reverse for sell) if today volatility was biggest in 10 days, and the day closed bullish buy tomorow at market open

u can use this setup to take even countertrend trades like this:
for buy (reverse for sell)we need to have an bearish trend
in below image coffee trend is bearish
if today volatility was biggest in 10 days, the day closed bullish and only if the close is biger than at least last 2 close (or above last 2 high etc.) buy tomorow at market open
stop at 2x yesterday range
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Price itself it's an indicator
  • #68
  • May 12, 2017 5:59pm May 12, 2017 5:59pm
another trick for range traders (personaly i don't trade on this concept so the rules are not realy defined, but its just an ideea for seting a small stop)
again tray to use daily charts or above
this is again in fact an trend trading concept
define a trading range
you look to buy if price break trouch top of the range, but you will buy only after an flag pattern, traingle (yes you will miss some setups, but you will have a better risk to reward setup) you will place the stop below the flag pattern but you will use the primarly trading range as potential profit
Price itself it's an indicator
  • #69
  • May 13, 2017 1:46am May 13, 2017 1:46am
What are your results from these trades the last few years?
ForexOrderFlow.com Return This Year: 9.5%
  • #70
  • May 25, 2017 2:38pm May 25, 2017 2:38pm
Quoting Ryan420
What are your results from these trades the last few years?
i'm not here to talk about my results, but i'm trading for a living. i will still be alive financiarly next year? maybe yes or maybe not, maybe my next trade will catch an negative black swan and i will loss it all, but i;m pretty sure that even like that i can start again and i will succed.
Price itself it's an indicator
  • #71
  • Dec 21, 2017 6:57am Dec 21, 2017 6:57am
Attached Image
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let profit run
Price itself it's an indicator
  • #72
  • Dec 24, 2017 9:24am Dec 24, 2017 9:24am
two more interesting patterns that can develope nice black swans from time to time
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Price itself it's an indicator
  • #73
  • Feb 4, 2018 7:33pm Feb 4, 2018 7:33pm
i don't have a name for this one, but i think you will find it in every good book
this is a strong setup because we use two of the best principles of financial markets: trend and momentum
we define long term trend using ema200

for buy (reverse for sell):
price above ema200
if yesterday close price was higher than the open and also higher than the open of the day before buy today if price will break yesterday high
if price don't break the yesterday high ignore the setup
stop yesterday low
if position is profitable close it when price break bellow ema200
Price itself it's an indicator
  • #74
  • Feb 25, 2018 10:53am Feb 25, 2018 10:53am
Quoting Rparm
Here is a piece of information that I realized not too long ago when looking at a simple Indicator, I was unable to develop it into anything concrete but do believe it has some merit and with someone else's insight it could be valuable info. The following information is currently being researched (I am checking all past occurrences and will post the exact percentage of an occurrence of 2 bars in a row in due time). "Engulfing Bar's don't follow Engulfing Bars" Engulfing Bars are very Rare (exact % being research) they occur when the prior Bar's...
this is how to profit from fat tails (in the last 7 months it was at least one pattern on eurusd that generated a 44 reward to risk)
Define long term trend using EMA200 on daily chart.
if price>ema200 search buy patterns on 4h,1h,30 min and 15 min charts.
buy if price break above high of engulfing bar
stop at engulfing bar low
if possition profitable, exit second day after first daily close under ema200.
this trick its nice because the reward can be huge, and you can open multiple buy orders (pyramiding on lower timeframes in the direction of long term trend)
Price itself it's an indicator
  • #75
  • Feb 25, 2018 7:49pm Feb 25, 2018 7:49pm
Dude I can’t believe you are still posting here a year later hahaha

I also use the first pattern you showed. Works best on D, with confluence of something else which is typically W sup/dem zones
  • #76
  • Feb 26, 2018 5:29am Feb 26, 2018 5:29am
Quoting rudy5
Dude I can’t believe you are still posting here a year later hahaha I also use the first pattern you showed. Works best on D, with confluence of something else which is typically W sup/dem zones
i post because i'm bored from time to time and sharing this things made me a better persone.
Price itself it's an indicator
  • #77
  • Edited 6:30am Feb 26, 2018 6:18am | Edited 6:30am
i don't use this trick because its to complicated for me, its broker dependent (because of timezones) but maybe other people can use it.
it;s a complex pattern formated from 2 different patterns (but at the end the basic principle is breakout trading)

define long term trend using ema200 on daily charts
for long (reverse for short)
1. price on daily charts above ema200
2. if after an OutsideBar price breaks trouch the high then go to 3
3. if an InsideBar is formed in the same day as the OutsideBar and the low of the MotherBar of InisdeBar is not lower than the low of the OutsideBar and the High of MotherBar is not Higher than the High of OutsideBar and if only in the next bar price will break above the High of InsideBar go long.
4. stop at the low of InsideBar
5. if the trade its profitable exit second day after first daily close under ema200
search setup on lower charts like 4h,1h etc. (even on 15 min charts because its a very rare setup)
Attached Image (click to enlarge)
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Price itself it's an indicator
  • #78
  • Mar 2, 2018 10:27am Mar 2, 2018 10:27am
Define long term trend using EMA200 on daily chart.
for long (reverse for short)
price>ema200 on daily chart
search buy patterns on 4h,1h,30 min and 15 min charts.
search for 2 outsidebars in a row
buy if price break above the high of the last outsidebar
stop at engulfing bar low
if possition profitable, exit second day after first daily close under ema200.
Attached Image
Price itself it's an indicator
  • #79
  • Mar 2, 2018 10:37am Mar 2, 2018 10:37am
Quoting m3rlin
a complet trading system trade as much asset classes use only daily chart bb350,1 buy tomorow at market open if today close is outside upside bb band stop middle bb band reverse for sell {image}
How do you set your TP according to your system, I see there is no parameter for TP.
  • #80
  • Mar 2, 2018 10:39am Mar 2, 2018 10:39am
Quoting m3rlin
.... Bet small, cut your lossers, let profit run.....{image}
I think an excellent edge has already been stated here, regardless of the entry method used.
If you want more, I'd suggest coupling that with trading with the trend/flow/momentum. I've not found anything that works consistently better across markets and time frames than that pairing.
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