M TTT M

Risk per Trade

On successful completion (net positive) of a TS Order 3 the Risk per Trade increases by 0.2% up to a currently assigned maximum of 2% per trade.

Example 1:

Winning Net positive TS Order 3 start 1%, win 1.2%, win 1.4%, win 1.6%, win 1.8%, win 2.0%, win 2.0% ...... max 2% risk per trade.

On unsuccessful completion (net negative) of a TS Order 3 the Risk per Trade decreases by 0.4% (lower than 0.4% the risk will continue to halve)

Example 2:

Losing Net negative TS Order 3 start at 1%, loss 0.6%, loss 0.2%, loss 0.1%, loss 0.05%, ..... until risk per trade and minimum broker lot size align.

Example 3:

Random outcomes on a TS Order 3 cycle of trades showing dynamic Risk per Trade.

Assigned Max_RiskperTrade = 2%
win_step = 0.2%
loss_step = 0.4%

Start @ 1% risk per trade

Cycle 1: Winning cycle, next is 1.0% + win_step = 1.2% risk per trade
Cycle 2: Winning cycle, next is 1.2% + win_step = 1.6% risk per trade
Cycle 3: Winning cycle, next is 1.6% + win_step = 1.8% risk per trade
Cycle 4: Winning cycle, next is 1.8% + win_step = 2.0% risk per trade [Max Risk per Trade]
Cycle 5: Winning cycle, next is 2.0% + N/A ....... = 2.0% risk per trade [Max Risk per Trade]
Cycle 6: Winning cycle, next is 2.0% + N/A ....... = 2.0% risk per trade [Max Risk per Trade]
Cycle 7: Losing cycle, next is 2.0% - loss_step = 1.6% risk per trade
Cycle 8: Losing cycle, next is 1.6% - loss_step = 1.2% risk per trade
Cycle 9: Winning cycle, next is 1.2% + win_step = 1.4% risk per trade
Cycle 10: Losing cycle, next is 1.4% - loss_step = 1.0% risk per trade
Cycle 11: Losing cycle, next is 1.0% - loss_step = 0.6% risk per trade
Cycle 12: Winning cycle, next is 0.6% + win_step = 0.8% risk per trade
Cycle 13: Winning cycle, next is 0.8% + win_step = 1.0% risk per trade
Cycle 14: Losing cycle, next is 1.0% - loss_step = 0.6% risk per trade
Cycle 15: Winning cycle, next is 0.6% + win_step = 0.8% risk per trade
Cycle 16: Winning cycle, next is 0.8% + win_step = 1.0% risk per trade

Note 1: The 16 cycles represent a simple flow of assigning the next risk per trade value for various outcomes, the reality may be very different!

Note 2: Other advanced risk per trade values can be determined using Equity Curve Trace Management techniques (perhaps outlined much later).

Masterrmind...........

GBPCAD

Loss trade

-0.8%

Masterrmind............

EURAUD

Loss trade

-0.8%

EURCAD

Winning trade

+3.3%

Masterrmind............

Cycle 2 contained an error in which 0.2% should have been added instead of 0.4% !

The corrected version is as follows:

Start Risk per Trade = 1% [Assigned]
Max_Risk per Trade = 2% [Assigned]
win_step = 0.2%
loss_step = 0.4%

Start @ 1% risk per trade

Cycle 1: Winning cycle, next is 1.0% + win_step = 1.2% risk per trade
Cycle 2: Winning cycle, next is 1.2% + win_step = 1.4% risk per trade
Cycle 3: Winning cycle, next is 1.4% + win_step = 1.6% risk per trade
Cycle 4: Winning cycle, next is 1.6% + win_step = 1.8% risk per trade
Cycle 5: Winning cycle, next is 1.8% + win_step = 2.0% risk per trade [Max Risk per Trade]
Cycle 6: Winning cycle, next is 2.0% + N/A ........ = 2.0% risk per trade [Max Risk per Trade]
Cycle 7: Losing cycle, next is 2.0% - loss_step ... = 1.6% risk per trade
Cycle 8: Losing cycle, next is 1.6% - loss_step ... = 1.2% risk per trade
Cycle 9: Winning cycle, next is 1.2% + win_step = 1.4% risk per trade
Cycle 10: Losing cycle, next is 1.4% - loss_step = 1.0% risk per trade
Cycle 11: Losing cycle, next is 1.0% - loss_step = 0.6% risk per trade
Cycle 12: Winning cycle, next is 0.6% + win_step = 0.8% risk per trade
Cycle 13: Winning cycle, next is 0.8% + win_step = 1.0% risk per trade
Cycle 14: Losing cycle, next is 1.0% - loss_step = 0.6% risk per trade
Cycle 15: Winning cycle, next is 0.6% + win_step = 0.8% risk per trade
Cycle 16: Winning cycle, next is 0.8% + win_step = 1.0% risk per trade

Masterrmind............

AUDCAD

Loss trade

-0.8%

Should have been posted as the first loss!

Masterrmind............

Swing trading probability being explored.

Hello MasterMind

I like to contribute to your excellent string....EURUSD + GBPUSD = EURGBP

Thank you,
Jeff

Interesting thread

GBPCHF

Winning trade

+3.1%

Masterrmind...........

CADCHF

Loss trade

-0.8%

Masterrmind...........

GBPUSD

Sell Limit order will be deleted soon.

Price too far below trigger level.

The option is always there to leave it in place but I see no point based on chart structure.

Masterrmind.............

Terminal closure entries for TS Order 3-#2-S6

Note that the 'whited out' entry is the EURCAD short from the previous cycle of trades.
Trade ID left for reference.

Masterrmind............

Summary of TS Order 3-#2-S6 (the 6th setup)

TS Order 3-#2-S6

TS1: EURUSD + GBPUSD = EURGBP
TS2: AUDCAD + EURCAD = EURAUD
TS3: GBPCAD + CADCHF = GBPCHF

8 trades opened
1 pending order [GBPUSD] did not trigger

Total setup risk was 7.2% (0.8% risk per trade over a possible 9 entries) .
8 trades from 9 triggered so actual risk was less than maximum.

2 winners @ 3.3% and 3.1%.
9 losers @ -0.8%, -0.9%, -0.9%, -0.8%, 0.8% and -0.8%.

Net Cycle (Gain/Loss) = (3.3 + 3.1)% - (0.8 + 0.9 + 0.9 + 0.8 + 0.8 + 0.8)% = 6.4% - 5.0% = +1.4% (approx).

A net winning cycle of US$ 146.77 causes the account balance to decrease which now stands at $11 760.72

+17.6% gain on the account.

Masterrmind............

The next TS Order 3 setup will be opened very soon.

TS Order 3-#2-S7

Risk per Trade will be 1.0% (a 0.2% increase due to previous cycle of trades being net positive)
SL will be 1.5*OctaveGap.

Masterrmind............

Modify the settings based on the next TS Order 3 values and save it as a template.

Risk Per Trade (Lot_Size indicator)

Risk across account (Info_Panel indicator)

Then open the template on all 9 charts for a TS Order 3.

Update the correct Octive Gap from MML Settings shown on chart into the Lot_Size-MTTTM indicator.

Check all settings are correct.

Masterrmind............

Looks like by mistake I have posted on this thread. It was meant for Quad thread.

TS Order 3-#2-S7

TS1: EURUSD + GBPUSD = EURGBP
TS2: AUDCAD + EURCAD = EURAUD
TS3: GBPCAD + CADCHF = GBPCHF

Trade setup and orders are now complete.

Time to let them run their course.

Masterrmind............

Traders need to choose between a pair or set of pairs to trade.

However, the MTTTM method relies to some extend on probability and spreading the risk across multiple symbols.

Masterrmind...........

M15 template for the MTTTM strategy (at least for the time being).

D1 template for the Quad Candle System.

Masterrmind...........

Yes only need to get the directions right or at a minimum trade a net positive cycle.

Masterrmind...........