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  • Post #2,901
  • Quote
  • Sep 28, 2019 6:08am Sep 28, 2019 6:08am
  •  jhonayahya
  • | Joined Jun 2018 | Status: Member | 74 Posts
Amazing, very simple and robust trading system.
 
 
  • Post #2,902
  • Quote
  • Sep 28, 2019 6:29am Sep 28, 2019 6:29am
  •  BTM
  • | Additional Username | Joined Jul 2019 | 577 Posts
ok,everyonehave a good weekend .i guess this week doesn't need to count green pips and share here because i think most of you are in huge profit this week,right?
 
6
  • Post #2,903
  • Quote
  • Sep 28, 2019 6:33am Sep 28, 2019 6:33am
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting BTM
Disliked
ok,everyonehave a good weekend .i guess this week doesn't need to count green pips and share here because i think most of you are in huge profit this week,right?
Ignored
Big week, Huge month BOOM!
 
3
  • Post #2,904
  • Quote
  • Sep 28, 2019 7:17am Sep 28, 2019 7:17am
  •  Dayatxiii
  • | Joined Sep 2019 | Status: Member | 15 Posts
Quoting leweg1
Disliked
{quote} Big week, Huge month BOOM!
Ignored
I have a question. Before you entering a trade, do you take news as a consideration as well or you just enter the trade without worrying about any high impact news that may affect the price movement?
 
1
  • Post #2,905
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  • Sep 28, 2019 7:20am Sep 28, 2019 7:20am
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting Dayatxiii
Disliked
{quote} I have a question. Before you entering a trade, do you take news as a consideration as well or you just enter the trade without worrying about any high impact news that may affect the price movement?
Ignored
I don't look at the news I believe the market knows where its going, news helps institutions get better prices in most cases
 
5
  • Post #2,906
  • Quote
  • Sep 28, 2019 7:25am Sep 28, 2019 7:25am
  •  chanhbm
  • | Joined Aug 2019 | Status: Junior Member | 1 Post
Owesome, I love your system. Thank you very much for share it to everybody.
 
 
  • Post #2,907
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  • Sep 28, 2019 9:18am Sep 28, 2019 9:18am
  •  bazze
  • | Joined Nov 2013 | Status: Member | 1,130 Posts
Sorry to bother you,but no matter what I do when trying to attach the Dashboard, the only thing I get is a black chart. Have tried with several brokers, and followed the advices shared here in the thread. Can the reason be that the market is closed?
 
 
  • Post #2,908
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  • Sep 28, 2019 9:49am Sep 28, 2019 9:49am
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,495 Posts
Quoting leweg1
Disliked
{quote} check the below {quote}
Ignored
Thank you nice redults, it is almost inteal how sick good it is only better is BTM but maybe he teach more about his other trading variations, lets hope

Best regards
 
1
  • Post #2,909
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  • Sep 28, 2019 9:57am Sep 28, 2019 9:57am
  •  jensen1234
  • | Joined Oct 2016 | Status: Member | 4 Posts
Tested our this system the result is satisfying
I want to build a EA for customized entry according to the BTM rule but didn’t found pivot price in buffer, any suggestion to get the pivot price? (I can’t find other pivot indicators giving the same pivot price as what BTM use)
 
 
  • Post #2,910
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  • Sep 28, 2019 10:49am Sep 28, 2019 10:49am
  •  tradeChaser
  • Joined Feb 2019 | Status: Member | 183 Posts
Quoting leweg1
Disliked
{quote} I don't look at the news I believe the market knows where its going, news helps institutions get better prices in most cases
Ignored
Leweg1,

You're one of the few tracking this with you wins. I am curious here. your RR seems to be about only 2:1, based on average win of about 900 and average loss of 1,700.

You seem to have great success, but are there no ways to implement this strategy while making a healthier risk to reward ratio in Your opinion?
HedgeTest Return This Year: na
 
 
  • Post #2,911
  • Quote
  • Sep 28, 2019 11:16am Sep 28, 2019 11:16am
  •  jgadefelth
  • | Joined Jan 2008 | Status: Trillion Dollar Man | 1,495 Posts
Quoting tradeChaser
Disliked
{quote} Leweg1, You're one of the few tracking this with you wins. I am curious here. your RR seems to be about only 2:1, based on average win of about 900 and average loss of 1,700. You seem to have great success, but are there no ways to implement this strategy while making a healthier risk to reward ratio in Your opinion?
Ignored
Post 2840 he say risk reward 1:2

Best regsrds
 
 
  • Post #2,912
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  • Sep 28, 2019 11:38am Sep 28, 2019 11:38am
  •  Qqkod
  • | Joined Jun 2018 | Status: Member | 10 Posts
Quoting jgadefelth
Disliked
{quote} Post 2840 he say risk reward 1:2 Best regsrds
Ignored
If you look at the tracker you can see its 2 risk vs 1 reward on average. See the picture I attached.
Attached Image (click to enlarge)
Click to Enlarge

Name: FF093F88-5EE2-44D9-97C7-AC37A229ADC7.jpeg
Size: 34 KB
 
 
  • Post #2,913
  • Quote
  • Sep 28, 2019 11:41am Sep 28, 2019 11:41am
  •  Qqkod
  • | Joined Jun 2018 | Status: Member | 10 Posts
Quoting tradeChaser
Disliked
{quote} Leweg1, You're one of the few tracking this with you wins. I am curious here. your RR seems to be about only 2:1, based on average win of about 900 and average loss of 1,700. You seem to have great success, but are there no ways to implement this strategy while making a healthier risk to reward ratio in Your opinion?
Ignored
Personally I have never been a fan of partial closing. You can also just target for the second TP and move your sl breakeven when tp 1 gets hit. Then mostly you will have a healthy RR while trading safe
 
2
  • Post #2,914
  • Quote
  • Sep 28, 2019 11:57am Sep 28, 2019 11:57am
  •  Metac
  • | Joined Jul 2017 | Status: Member | 105 Posts
Quoting bazze
Disliked
Sorry to bother you,but no matter what I do when trying to attach the Dashboard, the only thing I get is a black chart. Have tried with several brokers, and followed the advices shared here in the thread. Can the reason be that the market is closed?
Ignored
Yes, exactly it is.
 
1
  • Post #2,915
  • Quote
  • Sep 28, 2019 12:13pm Sep 28, 2019 12:13pm
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,403 Posts
Quoting Qqkod
Disliked
{quote} If you look at the tracker you can see its 2 risk vs 1 reward on average. See the picture I attached. {image}
Ignored
You need to look at the actual trades at the time he set the SL and TP.

For example, the currently open trade has risk 96 pips, reward 140 pips, giving 1:1.45 risk:reward.
So why don't you just take him at his word of R:R of 1:2, with of course some discretionary differences, such as when TP1 is near or outside the band, TP might be set lower that TP1 pivot while SL set at the usual pivot level.
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #2,916
  • Quote
  • Sep 28, 2019 12:17pm Sep 28, 2019 12:17pm
  •  Qqkod
  • | Joined Jun 2018 | Status: Member | 10 Posts
Quoting DrDave
Disliked
{quote} You need to look at the actual trades at the time he set the SL and TP. For example, the currently open trade has risk 96 pips, reward 140 pips, giving 1:1.45 risk:reward. So why don't you just take him at his word of R:R of 1:2, with of course some discretionary differences, such as when TP1 is near or outside the band, TP might be set lower that TP1 pivot while SL set at the usual pivot level.
Ignored
It does not really matter what he plans at first. It matters what he gets in the end. Thats what he will risk or gain on average per trade based on his previous trades.
 
 
  • Post #2,917
  • Quote
  • Sep 28, 2019 12:49pm Sep 28, 2019 12:49pm
  •  DrDave
  • Joined Jun 2011 | Status: Member | 8,403 Posts
Quoting Qqkod
Disliked
{quote} It does not really matter what he plans at first. It matters what he gets in the end. Thats what he will risk or gain on average per trade based on his previous trades.
Ignored
You left left the win rate factor.

win rate: 77.8%

Avg winning trade: 981 * 0.778 = 763
Avg losing trade: 1716 * 0.222 = 381

763/381 = 2.0 --> R:R 1:2
The markets are speaking to you. Do you know their language? I M T
 
 
  • Post #2,918
  • Quote
  • Sep 28, 2019 1:14pm Sep 28, 2019 1:14pm
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting tradeChaser
Disliked
{quote} Leweg1, You're one of the few tracking this with you wins. I am curious here. your RR seems to be about only 2:1, based on average win of about 900 and average loss of 1,700. You seem to have great success, but are there no ways to implement this strategy while making a healthier risk to reward ratio in Your opinion?
Ignored
I've had thoughts but its working at the moment, as they say why fix something that isn't broken? lol
 
3
  • Post #2,919
  • Quote
  • Sep 28, 2019 1:24pm Sep 28, 2019 1:24pm
  •  leweg1
  • Joined Aug 2016 | Status: Elite Member | 493 Posts
Quoting Qqkod
Disliked
{quote} Personally I have never been a fan of partial closing. You can also just target for the second TP and move your sl breakeven when tp 1 gets hit. Then mostly you will have a healthy RR while trading safe
Ignored
Neither have i to be honest, seems to work well at the moment, i may start another account and just target tp2 with sl at b/e after tp1
 
2
  • Post #2,920
  • Quote
  • Sep 28, 2019 2:06pm Sep 28, 2019 2:06pm
  •  Qqkod
  • | Joined Jun 2018 | Status: Member | 10 Posts
Quoting DrDave
Disliked
{quote} You left left the win rate factor. win rate: 77.8% Avg winning trade: 981 * 0.778 = 763 Avg losing trade: 1716 * 0.222 = 381 763/381 = 2.0 --> R:R 1:2
Ignored
Did not look at it that way, couldn't agree more
 
 
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