High Flying Trading (HFT) Method

hi, the EA is running well. but...with not good result...attached my demo account result.

Clearly XAUUSD is not a good choice for this method.

too high lotsizes for your account. also this EA will go through some drawdown trades, it is a trend following EA after all. but the profit trades will run and it wins big. but you need patience. i have my demo running for one year fully now, account is tripled.

Dreamliner... I totally believe in this HFT System that you have presented. It takes an individual who understands how any business is run to fully grasp it. What you have clearly presented boils down to that. Which is..., in any business there are overheads. Some are somewhat fixed within parameters and minimised so that the eventual returns reflect a healthy bottom line. I do know, as I've owned and operated several businesses of differing industries. Each of these, I am trying to lower my overheads or keep it at a minimal but nonetheless they are there whether customers come or not! And when time to reap the peak seasons I ensure I max it out. So..., your analogy of the basics of flying/rocket take-off and catching the Jetstream of wind is just so WOW! A lightbulb moment.

It's obvious that there will be non-believers and that's why only 5% end up as HUGE profitable next level Pro Traders. My only hope is that you stick around and CONTINUE passing along that vast wealth of knowledge to believers like me/us . There's just still so much of what you know that has not been shown yet. You just can't go around trying to please everyone and therefore stay true to what your earlier intentions were i.e. sharing sincerely something that you know so well that works. After all, this is your thread. You do as please and shun those whom you see unworthy of your time ya. Unfortunately that's how it is with so much ego measuring testosterone hurling sessions in a forum type format of this nature.

I believe you are still lurking around from time to time and if it's not too much trouble..., hook me up. I really would love you to be my mentor and understudy with you. I do know you are still contributing on another thread but my hopes is for you to keep this awesome thread alive as your system really makes absolute sense and it DOES work. I've been trading it exactly following your 2 cardinal rules Thanks again for the unselfish gesture. Cheers

Hi, do you set it to "one entry per direction"?

Hey, do you know what happens if the EA was placed on a chart after the initial close above/below the 34MA? would it open trades then at the opposite candle or not?

I just placed the EA on AUD/USD H1 chart,a nd it opened two .01 trades at exactly the same time.

Please show an image of your settings

Perhaps I missed it, but does it matter is the smoothed 34 EMA is Open, Close, High, Low, Median Price, Typical Price, Weighted Close? Seems like it should be one of these.

can someone change the entry requirements to bullish engulfing instead of bearish bar for buy entry on ea?

here's the engulfing ea

https://www.mql5.com/en/articles/1946

hi blamshak with starting balance of 1000usd what lotsize and trading pair would you recommend?? thanks

Hi Sajid,

Where is the re-uploaded template link? I can't seem to find it . Could you put up the link to download that updated version, please. Many thanks

p/s. this latest one is few issues that you had fixed, right??

Hi Dreamliner, I miss your tremendous input. I am doing still something wrong > more than 10 years... . The self sabotage blocking me from breaking out is rooted in my DNA.

[quote=Harry6;10914689]Hi Dreamliner, I miss your tremendous input. I am doing still something wrong > more than 10 years... . The self sabotage blocking me from breaking out is rooted in my DNA.[

.................and I am working on transforming my DNA programming, slowly, slowly.............

What SMA indicator is this.? My SMA indicator doesn't look like this. would you mind to share please. Thank you for sharing.

best idea to trade .
50k to 1/2 million demo account.
i will try it with 1,500 real money
any idea to improve this system?
"My subsequent entries, however, have no initial stop loss (if uncomfortable with this, you can always place a stop), and will be closed upon either of two conditions being met:

 

1. First, if the market closes above the SMA I will close this trade.
2. Second, I wait for the market to move in my favor a small amount (sometimes as little as 10 pips, depending on the market) and then place a stop loss at breakeven plus cost (spread). Since I start my trading day at 5:00 PM Pacific Time I do this manually as the market moves before I go to bed. But I’m sure there are EAs that would assist you with this if needed.

This means that these subsequent entries have no chance of taking the entire trade into a loss (remember, we have a position on at the beginning of the trend that is in profit), a medium chance of running with the trend clear to the end, and a larger chance of just breaking even. In other words, there is no risk to adding on positions like this, and a chance for a large reward. No risk, large reward trading is what we like. It is part and parcel of our High Flying Trading method..------
=================
Closed P/L:478 241.04Open Trades:TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfitNo transactions 0.000.000.000.00 Floating P/L:0.00Working Orders:TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price No transactions Summary:Deposit/Withdrawal:50 000.00Credit Facility:0.00 Closed Trade P/L:478 241.04Floating P/L:0.00Margin:0.00Balance:528 241.04Equity:528 241.04Free Margin:528 241.04 Details:file:///C:/Users/David/Desktop/DetailedStatement.gifGross Profit:478 241.04Gross Loss:0.00Total Net Profit:478 241.04Profit Factor:Expected Payoff:5693.35 Absolute Drawdown:0.00Maximal Drawdown:0.00 (0.00%)Relative Drawdown:0.00% (0.00) Total Trades:84Short Positions (won %):26 (100.00%)Long Positions (won %):58 (100.00%)Profit Trades (% of total):84 (100.00%)Loss trades (% of total):0 (0.00%)Largestprofit trade:24 400.00loss trade:0.00Averageprofit trade:5 693.35loss trade:0.00Maximumconsecutive wins ($):84 (478 241.04)consecutive losses ($):0 (0.00)Maximalconsecutive profit (count):478 241.04 (84)consecutive loss (count):0.00 (0)Averageconsecutive wins:84consecutive losses:0

What are the settings?

all rules per dreamliners posts.Dreamliner only gives the 34 SMA.
Do you have any idea to make it better,when enter ,add ,st,tp or exit your trades?

Hi !

I don't know if there is still people following this thread but I thought I would add my grain of salt and how I plan to use his method ;

I follow exactly what the HFT method tells BUT I added some more features. I trade every pair (max of 5-6 at a time) on the 4h chart.

1 - I look at the direction of the Weekly TF and every PRIMARY trades that will be open in the direction of this Weekly TF will be kept open, even if the price crosses the 34 MA. Why ? Because I do want to profit from longer moves. When the Weekly time frame will change direction (according to me and the PA) I'll sell every PRIMARY trade and change my bias. So if i kept every PRIMARY short trades for some weeks/months and then, it shows me a double bottow (for example), I'll close them all and have a bullish bias. Of course, the PRIMARY trades taken against the Weekly trend will be close at the cross of the 34 MA, along with every secondary trades.

2- I found out that even if this method works LIKE A CHARM, what reduce most of my profit were the last secondary trades that was taken BEFORE the MA cross. Example :
https://www.tradingview.com/x/NZ1Uf6eg/
This is the last trend on GBPUSD (A nice pair for this method BTW). As you can see, you would have been taken out at BE on alot of positions, but this is inevitable. What hurts the most is the last added on trades. They can reduce your profit by ALOT.

So, my mesure to reduce those losses is realy simple ; Support and resistance zones. When price reach a level of interest (zone) that I have previously determinated, I simply stop adding secondary trades. It is that simple. This way, I might prevent me to profit to the max when the trends are good BUT I too prevent myself from ALOT of unnecessary lost. I am not too much conservative with my zones. In general, I will put them at more or less 200 pips fro,m my initial entry, but it really depends.

Example :
https://www.tradingview.com/x/HavcGDkL/

3- My last loss prevention technic is pretty simple. I simply dont add any more secondary trades when a double bottow/top is forming. Of course, sometimes it prevents to capitalize some gain but prevention is better than cure.

4 - My lot size always follow my account : If i have a 500$ account, I'll us 500u for the primary trade and 250u for the secondary and it scales out the more I make money.

You can ask me any questions that you have.

I'll do an update every now and then.

Thx !

EDIT : correction

Here's another exemple why zones are effective :

https://www.tradingview.com/x/ddoTbNKr/