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High Flying Trading (HFT) Method

  • #661
  • Nov 10, 2018 4:37am Nov 10, 2018 4:37am
Hi Traders!

instead of using 34 MA im using the following smart and dynamic indicator for moving average for this strategy.
Attached File(s)
File Type: ex4 SmartMA.ex4   51 KB | 587 downloads
  • #662
  • Nov 10, 2018 4:49am Nov 10, 2018 4:49am
Quoting Zara22
Hi Traders! instead of using 34 MA im using the following smart and dynamic indicator for moving average for this strategy. {file}
Thanks for sharing. What time frame you are using? How long you trade it? How is your results?
  • #663
  • Nov 12, 2018 2:42am Nov 12, 2018 2:42am
Hello Everyone,

So our pilot say, if "price moves opposite the expected direction, buy more";

Ok, but what if price keep going in the wrong direction? How many more stop losses are you going to risk?

This is the equivalent in trading as to "averaging down" (buy more share of a stock going down), which has blown a lot of trader's accounts.

I want to ask the OP this question: what was his total loss in case the market kept going in the opposite direction.

thanks
  • #664
  • Nov 12, 2018 8:28am Nov 12, 2018 8:28am
Quoting pattaya1
Hello Everyone, So our pilot say, if "price moves opposite the expected direction, buy more"; Ok, but what if price keep going in the wrong direction? How many more stop losses are you going to risk? This is the equivalent in trading as to "averaging down" (buy more share of a stock going down), which has blown a lot of trader's accounts. I want to ask the OP this question: what was his total loss in case the market kept going in the opposite direction. thanks
Hi ! OP won't answer your question. I think He left.

It is simple, you need to determine by yourself WHEN to stop adding secondary trades AND, to protect your capital, having your SL at BE + 2pips when you can. This way, when price is heading to the MA cross, you won't lose that much.

You can for example, stop adding when price is doing double bottom/top or when you see that it starts to have momentum.

But remember, you'll have made SO MUCH pips having bought at the start of the trend that the few losses at the end won't put you in negative.
  • #665
  • Nov 14, 2018 12:49pm Nov 14, 2018 12:49pm
Hi all, i read this post and the post of Millipede estrategy, they are similar. My result at the moment are not good, but i strongly believe that this is the way I'm going to make a lot of money.

I have to be better in my entrys and risk control.

Thanks all for sharing.


Millipede
https://www.forexfactory.com/showthread.php?t=245149
  • #666
  • Nov 14, 2018 8:31pm Nov 14, 2018 8:31pm
Quoting vgv8
Hi all, i read this post and the post of Millipede estrategy, they are similar. My result at the moment are not good, but i strongly believe that this is the way I'm going to make a lot of money. I have to be better in my entrys and risk control. Thanks all for sharing. Millipede https://www.forexfactory.com/showthread.php?t=245149

Hi vgv8 !

I too feel that the risk control is the hardest part.

I'm trying to add sup/res as a tool to restrict my losses. We know that the farthest a position is taken before crossing the MA, the more costy it is (when closed). So I came with this idea : I will not add when price is at a recent res/supp and wait to see its reaction at the nearest swing. Example :

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

Ok let me explain :

1 .I plan my Support and resistance (depending if long or short) before adding my primary trade. It is like a plan, I need to know what i'll do and won't do.

2. I'll add until it touched my ploted area, then wait to see if it breaks it or not. I will stop to add when it is at the area.

2.1 If it breaks it, I'll continue to add until the next zone.

2.2 If it does not break it, I'll wait for the price to go down to the previous swing and wait to see if it is rejecting it or no. If I see big momentum candles, I WILL NOT ADD. If price shows rejection with wicks, I WILL ADD.

3. If price reject the zone, it is more likely that it will continue in your direction.

4. Repeat until cross

I am open to any advice.

Thank you !
  • #667
  • Nov 14, 2018 8:50pm Nov 14, 2018 8:50pm
Quoting Wooden23
{quote} Hi vgv8 ! I too feel that the risk control is the hardest part. I'm trying to add sup/res as a tool to restrict my losses. We know that the farthest a position is taken before crossing the MA, the more costy it is (when closed). So I came with this idea : I will not add when price is at a recent res/supp and wait to see its reaction at the nearest swing. Example : https://www.tradingview.com/x/VUzBeEcQ/ Ok let me explain : 1 .I plan my Support and resistance (depending if long or short) before adding my primary trade. It is like...
Thank you very much for the suggestions

I will take as a reference to make a flight plan in each trend.

I have 2 questions:

1- Now, when you go in trend and add positions, where do you place the SL or do not do it? and wait to see what happens with the bounce?

I ask because adding positions to the trend is my biggest problem, it always ends up executing the SL or the BE. And then 99% of the time if one is in trend, it retakes the desired trend.
My solution has been not to place SL, the problem is the enormous risk that this entails.


2- To establish the zones, do you use Fibonacci or only supports and resistances?
  • #668
  • Edited 11:11am Nov 15, 2018 6:39am | Edited 11:11am
Hi vgv,

1- Now, when you go in trend and add positions, where do you place the SL or do not do it? and wait to see what happens with the bounce?

I would say that it is work in progress but like DreamLiner stated, it is important to let breath the first trades taken. So the earlier I'm on the ''flight'' the more flexible I will be with my SL at BE +2. I might add them after a break of a zone. But, when the ''flight'' is be going on since alot of time and I see more consolidatino and less mmentum, I would add them faster.

2- To establish the zones, do you use Fibonacci or only supports and resistances?

The good old support/ resistance easy to determine zone. Of course I know that sometime I will be wrong about those but they are not definitive. If i'am not sure for example, which zone price will reject if there are two zones that are really close to each other, I will wait for price action to show me which one (with wicks of rejection or momentum candle)
  • #669
  • Nov 15, 2018 11:11am Nov 15, 2018 11:11am
This is an example from this week situation on EURUSD - 4h

https://www.tradingview.com/x/qF1QfCQk/
  • #670
  • Nov 16, 2018 4:06pm Nov 16, 2018 4:06pm
Here's an update on EURUSD

https://www.tradingview.com/x/0r7gCLBE/

The trend isn't really started yet but it looks good.
  • #671
  • Edited 7:37pm Nov 20, 2018 6:46pm | Edited 7:37pm
Update for EURUSD - 20 nov 2018

https://www.tradingview.com/x/l3Ina9mo/
Because one of my zone was misplaced, I bought two positions right when it reversed. There were stoped out with a losses at 1.13900.

At this exact moment I have 2 postions open.
  • #672
  • Dec 2, 2018 8:19pm Dec 2, 2018 8:19pm
hello,

i dont see any tp or sl in the trades executed...is there any tp or sl in existence?thanks
  • #673
  • Dec 3, 2018 7:28am Dec 3, 2018 7:28am
Quoting vilara09
hello, i dont see any tp or sl in the trades executed...is there any tp or sl in existence?thanks
Hi!

Like OP explained, to put or not a SL is really of personal choice. I personaly do when price have moved 20-25 pips away from my secondary entries. The problem with this approch is that you'll likely be close out more than not and it can reduce your profit by alot. In the other hand, it is a good way to protect yourself when it is not trending like it should.

As for the TP, there is none. You should close every remaining positions when price CLOSE below/above (depending if uptrend or downtrend) the 34 MA.

This method is really simple when you think about it. It is all about, as mentionned, linear smal losses and exponential profit. When price is not trending you have to accept the drawdown but when it is, indeed, trending, you'll be super profitable.

A+
  • #674
  • Jan 7, 2019 4:23pm Jan 7, 2019 4:23pm
Quoting disciplined
{quote} when i started with £500 , my first order was at 0.1 lot then at 0.03 for pullbacks, once profits banked, i moved to 0.2 lots entry and 0.1 on retrace. you will lose some ,or many, but when you win ,you'll win big thats the principle.
Hey,

Sorry for reaching you this way, my acc doesn't have a pm option yet, since it's few hours old..

I've been reading this thread and run on your posts, and since my budget is low ($250), I'd like to ask you a few questions if you don't mind..

Did you try Dreamliners method as a newbie, or did you have experience before it??
I like it for being almost the same as pipEasy-s method.. So basically mathematics.. Cut the losses and make profits run for as much as possible..
Now, could you tell me a thing or two to pay attention to when starting??
I read this thread twice, will read once or twice more for sure, don't wanna ask already answered questions, so if I missed something, I apologize..

Thanks in advance to you and everyone else who helped with his/her opinion!!
  • #675
  • Jan 26, 2019 5:10am Jan 26, 2019 5:10am
Hi everyone from Zaragoza (Spain)
First of all, thank Dreamliner for sharing their strategy. Also thank all those who have contributed to the improvement of this system, with their suggestions and answering questions from people like me, who do not have much experience in trading.
I think I'll do backtesting and share it with everyone, to do my bit.
If there is something wrong written, please go to "Google translator", who is to blame for everything.
Thanks again and be very happy, despite the pips.
Jerónimo.
  • #676
  • Feb 12, 2019 5:47pm Feb 12, 2019 5:47pm
Hi,

For a beginner can someone simplify Dreamliners trading method on a down tread for an example. I'm confused on his statement

" I take a very simple approach. I add on to my trade whenever there is a candle that closes opposite to the trend. A bull candle in a bear trend is a retracement, and is a reason to sell high (in comparison to what the price just was). A bear candle in a bull trend is a retracement, and is a reason to buy low (in comparison to what the price just was)."

So does this mean when you first enter and establish a down trend would you take profit at the first bull candle and repeat? My apologies for this dumb question I've just read this entire forum but still struggling to grasp the actually method.
  • #677
  • May 2, 2019 5:56am May 2, 2019 5:56am
Quoting Jeframa
Hi everyone from Zaragoza (Spain) First of all, thank Dreamliner for sharing their strategy. Also thank all those who have contributed to the improvement of this system, with their suggestions and answering questions from people like me, who do not have much experience in trading. I think I'll do backtesting and share it with everyone, to do my bit. If there is something wrong written, please go to "Google translator", who is to blame for everything. Thanks again and be very happy, despite the pips. Jerónimo.
COMO ESTAS?
the idea worked for you?
  • #678
  • Edited 12:37pm May 13, 2019 2:24am | Edited 12:37pm
Good Afternoon Traders.

After Understanding the idea of Dreamliner's HFT and some features the thread followers give.
I did some backtest on EUR/USD H4 from Januari until May 2019.

THE MAIN RULES.
1. The same rules Dreamliner gives. (Keep small losses, Let profits run and multiply them)
2. MA 50 (It suits my trading style) (Dreamliner's Version MA 34)
3. Lot size 0.1 both initials and add-ons
4. SL previous swings. (for add-ons SL on BE)

SOME FEATURES I ADOPT :
1. Do not add position if the price is below your previous position (Long). (FOR SHORT VICE VERSA)
2. Draw Resistance (LONG) or support at the highest previous trend (or lowest previous trend)
3. EXIT when the close of the candle break the resistance or support (number 2)

A FEATURE FROM ME FOR HFT :
1. I Discover PRE-INITIAL POSITION for maximum trend catch
2. This Position catch the trend from the high point after long trend before the Candle cross the MA (Maximum Trend Catch)

MORE AT NEXT POST.
Happy Trading Everyone. And Special Thanks For Dreamliners and all The Thread Followers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Backtest 1.png Size: 31 KB
Click to Enlarge Name: Backtest 2.png Size: 31 KB
Click to Enlarge Name: Backtest 3.png Size: 32 KB
Click to Enlarge Name: Backtest 4.png Size: 36 KB
  • #679
  • May 22, 2019 8:53am May 22, 2019 8:53am
Hello all,

Just thought I'd throw an idea out there regarding this trading "method", or whatever you would like to call it. Most of the posts I've seen in this thread are concerned about enter strategies and how to avoid the inevitable drawdown. I am a novice trader, but have been scourging the internet looking for potential trading methods. I ran across the thread by PipEasy called "Building an Equity Millipede" as some of you mentioned on here. Read all 350 pages because it was that interesting. This thread gives off that same buzz. From my perspective both OP's are telling the same story. Let your winner's run and go with the flow. Below is an entry strategy that combines what I have learned from both threads and might be useful to someone.

- Use 4H timeframe to recognize the trend and provide hindsight.

- During the retracement (opposite color candle as trend) zoom in to lower time frame (1H, 30M, 5M) and look for signs of weakened momentum. There are many strategies people use to spot this. Flying Buddha, Price Action, Descending/Ascending wick pattern, Pinbar.

- Enter when momentum starts to turn back towards trend on lower time frame. While doing this continually consult the higher time frame to make sure you're on the right track.


I think this will give your entry the best possible chance to land on the wick of the candle, which is also the safest spot on a retracement candle. This should help keep your positions "legs" alive longer and lower the amount of stop loss necessary since you're placing the entry at a further point away from the trend. Hope this helps someone out there! Just trying to share some thoughts.

Happy trading,
Beef
  • #680
  • Edited 5:46am May 24, 2019 5:09am | Edited 5:46am
I'm About 2 weeks since understanding this idea and made some experiments.
And yeah, i've found other good features as improvement for this methode.

THE SAME RULES AS DREAMLINER'S and some Features i adopt from this thread followers

This is the latest trend from EUR/USD H4 Timeframe. I havent given this feature a name but for now i call it "The Take-off Moment"
Attached Image (click to enlarge)
Click to Enlarge Name: Takeoff Moment.png Size: 30 KB


In That Trend i used 0.1 lot Without SL or close all when candle close above MA
Got the profits about $400

Feel free to discuss
Cheers
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