(binned per thread starter's request) Beat The Market strategy | Page 146 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How To Beat The Market Trading Just 30 Minutes Per Day 3 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: (binned per thread starter's request) Beat The Market strategy
Exit Attachments

(binned per thread starter's request) Beat The Market strategy

  • #2,901
  • Sep 28, 2019 5:08am Sep 28, 2019 5:08am
Amazing, very simple and robust trading system.
  • #2,902
  • Sep 28, 2019 5:29am Sep 28, 2019 5:29am
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?
  • #2,903
  • Sep 28, 2019 5:33am Sep 28, 2019 5:33am
Quoting BTM
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?
Big week, Huge month BOOM!
  • #2,904
  • Sep 28, 2019 6:17am Sep 28, 2019 6:17am
Quoting leweg1
{quote} Big week, Huge month BOOM!
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?
  • #2,905
  • Sep 28, 2019 6:20am Sep 28, 2019 6:20am
Quoting Dayatxiii
{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?
I don't look at the news I believe the market knows where its going, news helps institutions get better prices in most cases
  • #2,906
  • Sep 28, 2019 6:25am Sep 28, 2019 6:25am
Owesome, I love your system. Thank you very much for share it to everybody.
  • #2,907
  • Sep 28, 2019 8:18am Sep 28, 2019 8:18am
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?
  • #2,908
  • Sep 28, 2019 8:49am Sep 28, 2019 8:49am
Quoting leweg1
{quote} check the below {quote}
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
  • #2,909
  • Sep 28, 2019 8:57am Sep 28, 2019 8:57am
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)
  • #2,910
  • Sep 28, 2019 9:49am Sep 28, 2019 9:49am
Quoting leweg1
{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
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?
  • #2,911
  • Sep 28, 2019 10:16am Sep 28, 2019 10:16am
Quoting tradeChaser
{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?
Post 2840 he say risk reward 1:2

Best regsrds
  • #2,912
  • Sep 28, 2019 10:38am Sep 28, 2019 10:38am
Quoting jgadefelth
{quote} Post 2840 he say risk reward 1:2 Best regsrds
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
  • #2,913
  • Sep 28, 2019 10:41am Sep 28, 2019 10:41am
Quoting tradeChaser
{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?
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
  • #2,914
  • Sep 28, 2019 10:57am Sep 28, 2019 10:57am
Quoting bazze
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?
Yes, exactly it is.
  • #2,915
  • Sep 28, 2019 11:13am Sep 28, 2019 11:13am
Quoting Qqkod
{quote} If you look at the tracker you can see its 2 risk vs 1 reward on average. See the picture I attached. {image}
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.
To free Gazans of Hamas, use whatever it takes.
  • #2,916
  • Sep 28, 2019 11:17am Sep 28, 2019 11:17am
Quoting DrDave
{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.
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.
  • #2,917
  • Sep 28, 2019 11:49am Sep 28, 2019 11:49am
Quoting Qqkod
{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.
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
To free Gazans of Hamas, use whatever it takes.
  • #2,918
  • Sep 28, 2019 12:14pm Sep 28, 2019 12:14pm
Quoting tradeChaser
{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?
I've had thoughts but its working at the moment, as they say why fix something that isn't broken? lol
  • #2,919
  • Sep 28, 2019 12:24pm Sep 28, 2019 12:24pm
Quoting Qqkod
{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
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
  • #2,920
  • Sep 28, 2019 1:06pm Sep 28, 2019 1:06pm
Quoting DrDave
{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
Did not look at it that way, couldn't agree more
1 trader viewing now