Bolgar Strategy - for taking on both sides of the trend

Hi!

First of all sorry for my English. I've come up with an idea, which I have used it with a live account an I've had interesting results (although those accounts blew up later because of lack of proper MM).

So I was thinking about the price action and that it has to be a way to make some money with no or minimum of efforts. then as I was watching the charts I saw something! (Go and check it out your selves) Everyone knows that the price can go up, down and sideways.

We don't know when will a trend start and we don't know how long does it gonna last. We only know one thing. price will go up or down. But did you ever counted the candles?? At a point the candles in one direction are going to be more than on the other direction. The problem is that we don't know which direction to take....so I started on both directions on m5 chart (later I blew up this account but I've had crazy results!) I've placed every 5min trades on both directions (I know what you thinkin' ) One direction went up (in profit) the other went down (creating minus). At point I closed all my trades in the direction of the trend (usually all in profits) but I was left there with the loosing side...In the snapshot above lets pretend that the long trade were all closed with a profit but my sell trades were at a big minus BUT(!) beause I allways opened a new trade every 5min, eventually when the price started to go sideways, then later we got to an oposit trend, I could close all of the sell trades in profit! And only because when it started to go sideways, at that range there were so much trades opened that when it started to go in my favour, those trades made me enough money to get out in profit although there were a lot of negative trades opened!

I hope all of you understand what I'm trying to tell you. Scroll to any timeline, any pairs and you will see that if you start at the wrong side of the trend and if you open a new order every time you get a new candle eventually you can come out of every loosing trade win big wins (because of the zig-zag movement of the price)! My account was at 100eu (micro account = 10 000eu cent)when I started this kind of trading an went up to 3500eu in a few months with an average of 80% profit every month (worst was 20% best was 130%)! With a leverage of 1:100 and a minimum of 0,1lots (I know, I was lucky at the beginning). When I passed 200eu, I started 0,2 and so on. I was doing everything manually. It was hard. And because I couldn't watch the chart every 5min. I didn't got out when I should have, and later my account blew up on me (becuse my account was to little)...Later I was trying to understand what happened and what position size could be best for this strategy. So I started another round with this method. Again 100eu (micro account = 10 000eu cent), again 1:100, and again with 0,1 lot. Now I was on the 1h chart, and it was better. I got to 300eu in about 3months with maintainin the 0,1lot size, BUT I got screwed again because of not looking at the charts every hour...

So lets see a real example of this strategy (1. screenshot). After this please go and research at any timeframe and at any pairs!

HOW TO ENTER:

I use TDI indicator but can be replaced with RSI also.

1. When te green line in the TDI indicator gets under the 32.00 line and later goes over it, that's the entrypoint. We start to place buy and sell order at the same time. We put every hour (this is the 1h chart) a buy and a sell order!
2. The red line shows us where are we gonna start.
3.When the green line of the TDI indicator goes over the 60.00 blue line, that's where we close all the buy orders in profit.
4. The red line is the place where we close all the buy orders.

Now let assume that we didn't had the time to look at our charts, but an EA put every hour a new sell order....

5. At this position we could have closed all our sell orders with a huge profit!
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Now lets assume that we were able to check our account ever hour. (the 2. screenshot looks complicated but its not! )

ENTER:
1.We have a signal. We enter for both sides.
2.We enter at that level.
3.We close all the buys.
4. We closed all the buys at that level.
5.We got a new signal and because we have sell orders already opened, we go for a new round of buy orders.
6.From this level we start to put again buy orders also.
7.this is the signal for the sell orders to be closed IF they are in profit (if they are stil not in profit, we will wait for another signal, where we can check for a close)
8. this is the level where the sell orders are closed. (draw a line there. every sell trade above are in profit, every sell orders under the line are in loss)
9. we have a signal for long orders to be closed.
10. this is the level where we closed all long trades. (Check out where we started the longs and where we ended them)

Check out the 2-4 etry and exit lines for buy; 2-8 entry lines for sell;6-10 for buy
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So if you do your backtesting you will find out that this strategy works 100%....now the problems...1.we need to put all this to an EA....2. We need to come up with a plan for proper MM. If you're thinking about stop loss, than that's a wrong idea for this strategy... I was thinking on something like taking out every profit every month (because of the big win%), and putting it aside (if the account will gets whipped out again we still have cash to carry on), or if someone has a system for really big trends, that doesn't work on smaller trends or when the price is ranging and combining these two strategies. Or maybe some skalping strategy that can be combined with this (for making a basket when things start to go out of hands). Lets put our minds together and lets make this strategy work for us!

Interesting thought; would be good to see different entry/exit methods, such as the RSI or others.

So what happens... if the trend continues, after you close all the buys / sells.. first time? Imagine the trend doesn't reverse... if the trend continues even for a small distance, the effect will be huge.. because of the number of open positions...!
Am I missing something?

If you use different entry and exit, then it won't be this strategy.

If the trend continues, you will gonna have a new entry signal and you go for another run with the buy/sell. The problem with this strategy isn't that you can't get out with profit, the problem, I don't know how to calculate the proper (minimum) account size...if you check out the biggest trend what you can find, you will see that eventually it will come back enough to close the loosing positions with a huge profit. The more trades you opened, the bigger reward you will get. The account only has to be big enough so you can wait till it reverses....and all will reverse!

100% that you can get out of every entry with profit, the question is how big does your account has to be till you get into profits! Both my accounts got blown up because I didn't got out when I got a signal for it (because I wasn't in front of the computer).

It's martingale Jim but not as we know it.

If I know correctly with Martingale you increase the lot sizes (double it). With this strategy you don't need to increase the lot size.

I spent nearly 2K on a programmer to develop an EA based on a similar strategy. Sometimes successful but deep DD and long long waits for the negative side finally made me scrap the whole thing. Even with the EA on 24/5 and being able to get in and out at the right times, it is a slow and patient process that grates on your nerves and forces you to look at other ways to make money that are easier and faster. The only reason I stuck with it and developed it for over 6 months was that I had invested money in programming the EA and wanted to get something out of it but at the end, my money was wasted and yes I lost money in a real account too. The idea is dead for me.

What was different between my strategy and yours? Yes it can do major DD and you can be stuck in it for a week but still I think with other traders we could get the problems sorted out.

The programmer was an experienced trader and him and I tried numerous ways to improve the EA and we failed. I think we went through about 20 versions of the EA. So to say what was different is hard to say. It's the overall concept that both works and doesn't work. What doesn't work is greater than what works. To be honest I am spent on ideas to make this work and I'm not willing to discuss it any farther. It was a dead end alley and I'm not entering it again. I'm sorry but I wish you best of luck if you want to pursue it.

Your entry rules are not clear to me. Could you explain the buy rules exclusively ?
So, give a full explanation, when you buy, when you close that long position and when you start buying again.

1. You buy when the TDI green line goes under 32 and then again above it.

2. You close the long position when the TDI green line goes over 60.

3. But when do you start buying again ? What exactly is your new signal to start buying ?


In the same way, you could explain the sell rules exclusively.

From post number one: "I use TDI indicator but can be replaced with RSI also."

TDI indicator uses RSI also....and on my phone I can't use TDI indicator, only RSI (which gives me almost the same entry signals)

@zsolti84. Thanks for this strategy.
Your take profit for buy order is when the TDI is above 60, what is the take profit level for sell order?

Wow very interesting strategy. Subscribed

You can use tdi on phone. I was maked Tdi on mt4android with some MAs and Rsi

Subs. Thanks and
Regards

Yes! If all the buys are in profit and te green line is over 60.00 I will close the buys. If the green line goes over 68.00 I will wait till it comes back under that level and I go for it again. Oh and there is 1 more thing! If the price is going down I will close the sell only then when the green line of the TDI indicator first went above 50.00 and then below 40.00! Tere is my signal for sell orders to be closed.

Here is another screenshot of the strategy. Lets pretend that we went on BUY at No1. I'm not gonna talk about the sells now. Only the buys because we would have made money with the sells. We're on the wrong train. The price went down... The chart is 4h but only because you can see a bigger picture. Of course we put a buy order every hour. At No2. the price bounced back! There are the lowest buy orders. Around No.3 we should be in profit with the buys because ther are more buy orders in profit than in minus. Lets pretend that we had internet problems and our ea put every hour a buy order, but we didn't closed them at No3. Price pulled back but only to get higher! At No.4 we're 100000% in profit with our buys which was started at No.1. !!! Lets pretend that we went on Selling at No.2!At No5. we could have closed all of our sells in profit!Lets pretend we went long again at No.4! Where is the price now? Are we in profit with our longs? Thats why I'm telling you that with this strategy we don't need to care about anything. It doesn't matter where the price is going. We're in it both ways.! The problem is only the account size!...we need to come up with something that can save our account from the biggest negative runs! Eventually all of our trades will b closed in profit! So is there any idea how to do this?