Easiest trading strategy on the planet! | Page 8 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Risk Manager Program - The easiest money management strategy 6 replies

The Easiest way to convert EA from Standard to ECN trading account 1 reply

Simplest and easiest trading strategy 11 replies

The easiest trade of the week 7 replies

Why does GBPUSD enjoy the biggest/easiest price moves? 7 replies

Attachments: Easiest trading strategy on the planet!
Exit Attachments

Easiest trading strategy on the planet!

  • #141
  • Feb 15, 2019 7:40am Feb 15, 2019 7:40am
Quoting TheSpoof
Nice quick winning trade this morning. 20 minutes and I am done for the day. I chose to use a Hull swing a little further back instead of the most recent as it was a little on the week side. Price headed straight down to the 1.28000 level text book style and I took profit just in front of it since price often doesn't make it exactly to the level + spread before reversing. That's it for me for the day. Was a rough week and it was all my fault NOT the system. If I had just stuck to my rules this would have been a great week. On a positive note, all...
Great work.
Winners add to winning trades!
  • #142
  • Feb 15, 2019 7:59am Feb 15, 2019 7:59am
Quoting marshalmax
{quote} Nope
Neither do I. Trading on the 5 minute time frame I think higher time frames are largely irrelevant. The swings I am trying to catch don't have much to do with a higher time frame i.e. they could be a nice little 10-30 pip pullback or a continuation of a higher time frame trend that I am looking to grab 10-30 pips from. Either way I am just after that range of pips which happen all the time on the 5 minute independent of what a higher time frame is doing. I haven't seen any consistent way of using a higher time frame with this strategy - at least on the 5 minute.
Emotion - it steals your money.
  • #143
  • Feb 15, 2019 10:33am Feb 15, 2019 10:33am
Quoting Wonderfull
{quote} Looking forward to that one. If you notice the HMA turn against you too often, you can try increasing it's value, it will smooth the swings make them last longer, but smaller. Let us know if you make any progress
I dunno...vdubus's 21 period seems good to me
Emotion - it steals your money.
  • #144
  • Feb 15, 2019 12:47pm Feb 15, 2019 12:47pm
for smaller time frames id stay with hma 21.
As with all my indicator setups I use Fibonacci numbers ie 3,5,8,13,21,34,55 etc
HMA 34 works just fine but possibly more suited for higher time frames.
  • #145
  • Edited 9:00am Feb 16, 2019 8:34am | Edited 9:00am
So I have been studying the GBP/USD 5 minute charts with this strategy and I have not been able to find any indicator that gives any sort of edge to this method. By the time price is breaching the HMA swing any indicator is already showing favourable information. This is simply because the indicator is showing what is happening with the price - not leading the price. Price happens and then the indicator responds.

What I am finding is that there is really no indicator that will 'predict' whether or not the price will continue passed the HMA swing and for how long which is really what needs to be figured out but I believe that's impossible. This is why I use the round price numbers of 25 and 50 to take profit instead of a fixed RR. Price is always bouncing fairly cleanly around those levels especially the 50 levels. So it makes sense to me that if a HMA swing is breached price will at least want to head to that nearest price level and no indicator is required for that notion especially trading the 5 minute chart and looking to grab profits at those 25 pip levels.

I am not sure higher time frame filter could really help out either since we are talking about moves of +-25% of the ADR which is peanuts and happen all day long in both directions. So from my observations the next 25 pip level after a breach of the HMA swing is the best indication of where price is likely to head in the short term. I am eyeing the idea of using a HMA with a period of 34 and holding the trade in the direction of that one and using the HMA 21 swings for entries I would LOVE to catch those moves of 50, 75, or even 100 pips that happen frequently after the HMA swing breach. I have also been curious about Bollinger Bands and holding onto a trade as long as price is above the mid line - basically a 20 period SMA.

If anyone else has any ideas for better 'predicting' bad trades from good - I am all ears
Emotion - it steals your money.
  • #146
  • Feb 16, 2019 9:02am Feb 16, 2019 9:02am
Quoting TheSpoof
So I have been studying the GBP/USD 5 minute charts with this strategy and I have not been able to find any indicator that gives any sort of edge to this method. By the time price is breaching the HMA swing any indicator is already showing favourable information. This is simply because the indicator is showing what is happening with the price - not leading the price. Price happens and then the indicator responds. What I am finding is that there is really no indicator that will 'predict' whether or not the price will continue passed the HMA swing...
Well what where you expecting from a thread called easiest trading strategy on the planet, that is a system based on a moving average, systems like this have showed up numerous times and always fails. But at least there evolving its not a moving average anymore now its a HULL moving average whatever the fuck that is.
  • #147
  • Feb 16, 2019 9:11am Feb 16, 2019 9:11am
Quoting STrading
{quote} Well what where you expecting from a thread called easiest trading strategy on the planet, that is a system based on a moving average, systems like this have showed up numerous times and always fails. But at least there evolving its not a moving average anymore now its a HULL moving average whatever the fuck that is.
I appreciate your very valuable and useful contribution to this thread Thanks for coming out
Emotion - it steals your money.
  • #148
  • Feb 16, 2019 9:26am Feb 16, 2019 9:26am
Quoting TheSpoof
So I have been studying the GBP/USD 5 minute charts with this strategy and I have not been able to find any indicator that gives any sort of edge to this method. By the time price is breaching the HMA swing any indicator is already showing favourable information. This is simply because the indicator is showing what is happening with the price - not leading the price. Price happens and then the indicator responds. What I am finding is that there is really no indicator that will 'predict' whether or not the price will continue passed the HMA swing...
We can employ various indicator such as the macD or Stoch but it always comes back to a basic understanding of price movement and levels.
So what do we do to better our odd. If a strategy performance gives us a 50/50 then the odds are even. This strategy is on average 75% to 80% profitable, instantly increasing the odds.
Other than religiously searching for something to give us the 'Edge' over the market the only other way to improve our odds would be Money management.
Ok Maths was never my strongest point but here's the theory...


Take 2 trades:

$10 win, $10 win = $20

Now Compound the same 2 trades x2

$10 win, $20 win = $40 4/1 RW (Risk to Reward)

this instantly puts the odd in our favour giving us now 4 x $10 to win another 2 trades

if we lose we only ever lose our initial investment ie... = $10

So if a strategy with only a 50/50 success rate using this money management we can assume we can profit will, on average over 10 trades

5 x losses -$50

5 winners +$200

======================================================================================================
  • #149
  • Feb 16, 2019 10:02am Feb 16, 2019 10:02am
Quoting TheSpoof
{quote} I appreciate your very valuable and useful contribution to this thread Thanks for coming out
You may find of value or no value its up to you, looks like you have sometime here on FF so you probably know that there have been lots of systems with moving averages and they all fail, trading is more complicated than just using a moving average.But you said something that i believe is correct and also applies to a moving average " This is simply because the indicator is showing what is happening with the price - not leading the price. Price happens and then the indicator responds "
  • #150
  • Feb 16, 2019 10:11am Feb 16, 2019 10:11am
Quoting STrading
{quote} You may find of value or no value its up to you, looks like you have sometime here on FF so you probably know that there have been lots of systems with moving averages and they all fail, trading is more complicated than just using a moving average.But you said something that i believe is correct and also applies to a moving average " This is simply because the indicator is showing what is happening with the price - not leading the price. Price happens and then the indicator responds "
This is a unique way of using a moving average. We are using a rapid moving average, the Hull, to identify average support and resistance levels and then trading from these levels - which makes perfect sense. There is no moving average cross overs or other such things used here which do fail on the regular because they lag too much to be of any real, consistent use.
Emotion - it steals your money.
  • #151
  • Feb 16, 2019 10:19am Feb 16, 2019 10:19am
Quoting TheSpoof
{quote} This is a unique way of using a moving average. We are using a rapid moving average to identify average support and resistance levels and than trading from these levels - which makes perfect sense. There is no moving average cross overs or other such things used here which do fail on the regular because they lag too much to be of any real, consistent use.
But why would you want to know average support and resistance when price can give you a close support resistance level ?
  • #152
  • Feb 16, 2019 11:00am Feb 16, 2019 11:00am
Quoting STrading
{quote} Well what where you expecting from a thread called easiest trading strategy on the planet, that is a system based on a moving average, systems like this have showed up numerous times and always fails. But at least there evolving its not a moving average anymore now its a HULL moving average whatever the fuck that is.
The fact that your even questioning the existence of HMA leads me for to believe that you have absolutely no idea what your talking about and have no room to question either it's use or effectiveness.
I have designed two strategies using only the HMA indicator, one is 75% to 80% accurate and the other is 80% to 90%
because they both use past historic data to project future signals.
Please if you have nothing else constructive to say please refrain for future comments & colourful language.
  • #153
  • Feb 16, 2019 11:17am Feb 16, 2019 11:17am
Quoting vdubus
{quote} The fact that your even questioning the existence of HMA leads me for to believe that you have absolutely no idea what your talking about and have no room to question either it's use or effectiveness. I have designed two strategies using only the HMA indicator, one is 75% to 80% accurate and the other is 80% to 90% because they both use past historic data to project future signals. Please if you have nothing else constructive to say please refrain for future comments & colourful language.
Yes colourful language good expression, you say 75% to 80% and 80% to 90%, you can lose money with a 99% accurate system. i want reality not bs why dont you tell me this system made 40% in the last 3 months for example. why you show me some statistics that have no value alone.
  • #154
  • Feb 16, 2019 11:41am Feb 16, 2019 11:41am
Quoting STrading
{quote} Yes colourful language good expression, you say 75% to 80% and 80% to 90%, you can lose money with a 99% accurate system. i want reality not bs why dont you tell me this system made 40% in the last 3 months for example. why you show me some statistics that have no value alone.
You are confusing the effectiveness of 'The strategy' with the effective performance of 'The trader' Not taking into effect, psychological pressures & money management.
From what you are requesting your possibly best suited for an EA application over manual trading system.

to fail with any strategy performance over 50% on a 1 to 1 risk reward basis then it is not the strategy that is at fault it is your approach to it and 100% bad money management. If you cant handle the losses then forgive me for saying your in the wrong game.
Trading is a game of odds same as anything in business & or casinos. Play the odds not the market
  • #155
  • Feb 16, 2019 11:58am Feb 16, 2019 11:58am
Quoting vdubus
{quote} You are confusing the effectiveness of 'The strategy' with the effective performance of 'The trader' Not taking into effect, psychological pressures & money management. From what you are requesting your possibly best suited for an EA application over manual trading system.
looks like the 75 to 80, 80 to 90 just started to drop, so first when i didnt asked for any statistics or anything you slap me in the face with the accuracy statistics, now that i asked for some statistic or anything that showed the real performance of the system you show nothing and try to dodge your way out of what i asked.
I will ask again can you tell any statistic that measures the real performance of your system, I know it varies from trader to trader but tell us yours for example
  • #156
  • Feb 16, 2019 12:08pm Feb 16, 2019 12:08pm
Quoting STrading
{quote} looks like the 75 to 80, 80 to 90 just started to drop, so first when i didnt asked for any statistics or anything you slap me in the face with the accuracy statistics, now that i asked for some statistic or anything that showed the real performance of the system you show nothing and try to dodge your way out of what i asked. I will ask again can you tell any statistic that measures the real performance of your system, I know it varies from trader to trader but tell us yours for example
You may had your own statistic if you try it yourself, at least forward test on Demo, we must respect anyone that share their strategy, if it is not profitable and not suit our style, just move on. Cheers..
Go with the flow at Shi*ting Market
  • #157
  • Feb 16, 2019 12:26pm Feb 16, 2019 12:26pm
Quoting STrading
{quote} looks like the 75 to 80, 80 to 90 just started to drop, so first when i didnt asked for any statistics or anything you slap me in the face with the accuracy statistics, now that i asked for some statistic or anything that showed the real performance of the system you show nothing and try to dodge your way out of what i asked. I will ask again can you tell any statistic that measures the real performance of your system, I know it varies from trader to trader but tell us yours for example
If someone asks to see your bank details do you show them?.. No
I have nothing to prove to you or anyone. I am not proclaiming any success as a trader or with a promise of success. I have over 10,000 hour invested into crafting my own skill set through hard work & tears. Sorry but you don't have enough money or earned respect for me to give you anything
If you aren't prepared to put in the effort yourself then why should I or anyone else here even give you the time of day. You are obviously on the wrong forum. Please leave.

But if it's figures you want, have this one
Attached Image (click to enlarge)
Click to Enlarge Name: 51964401_250158915907501_7574453853341351936_n.jpg Size: 45 KB


it's not mine i found it on Facebook but you wanted proof so here it is
  • #158
  • Feb 16, 2019 12:46pm Feb 16, 2019 12:46pm
Quoting CrucialPrice
{quote} You may had your own statistic if you try it yourself, at least forward test on Demo, we must respect anyone that share their strategy, if it is not profitable and not suit our style, just move on. Cheers..
We must respect yes, but heres the thing, the thing that pisses me off most on this site is the exaggerated terms that usually traders that open threads use, easiest strategy on the planet, 80 to 90% accuracy with a 1 to 1RR, Let me tell you this and i hope that you pay attention to this and everybody else ok. NOBODY IN THEIR RIGHT MIND WOULD CAME TO FOREXFACTORY PUBLICLY SHARE IS 80 TO 90% with 1 to 1 RR SYSTEM. You might think that this will happen one day, that somebody will share, i wouldn't count on that.
  • #159
  • Feb 16, 2019 12:58pm Feb 16, 2019 12:58pm
Quoting vdubus
{quote} If someone asks to see your bank details do you show them?.. No I have nothing to prove to you or anyone. I am not proclaiming any success as a trader or with a promise of success. I have over 10,000 hour invested into crafting my own skill set through hard work & tears. Sorry but you don't have enough money or earned respect for me to give you anything If you aren't prepared to put in the effort yourself then why should I or anyone else here even give you the time of day. You are obviously on the wrong forum. Please leave. But if it's figures...
I asked for a way to measure the system performance, i did not ask for proof of anything, Like i said you could said like 40% in last 3 months, it was enough proof for me i would choose to believe or not, Mr vdubus you have showed me your system accuracy rate, your trading account can you tell me how much percentage wise did you made last 6 or 3 months. And please dont come next with a picture of you dog trading the EUR/USD i would like to know how much did the system made percentage wise in a period of time
  • #160
  • Feb 16, 2019 1:01pm Feb 16, 2019 1:01pm
Quoting STrading
{quote} We must respect yes, but heres the thing, the thing that pisses me off most on this site is the exaggerated terms that usually traders that open threads use, easiest strategy on the planet, 80 to 90% accuracy with a 1 to 1RR, Let me tell you this and i hope that you pay attention to this and everybody else ok. NOBODY IN THEIR RIGHT MIND WOULD CAME TO FOREXFACTORY PUBLICLY SHARE IS 80 TO 90% with 1 to 1 RR SYSTEM. You might think that this will happen one day, that somebody will share, i wouldn't count on that.
Your absolutely right buddy i haven't nor would I shared my 80% to 90% winning strategy an here or anywhere else for that matter.
The problem is, as with any % rating of any strategy is back testing. We back test using one currency pair, on one time frame & trade every single trade available to us within any given time period. So unless you live trade using the exact same condition then the figures are effectively worthless.. of any strategy.

I myself don't trade this strategy alone, I have created my own personal trading plan that integrates many forms of analysis so no I can't give you any of what you request.
The best I can give you are maybe past potential setups post on Trading view and or Instagram.

https://www.tradingview.com/u/vdubus/
https://www.instagram.com/vdubus_channel/

Sorry thats the best I can offer
0 traders viewing now