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

Hi to all and exscuse me for my bad english.
I'm following this thread from the beggining and read it all.
This is a good and robust strategy but I've a problem now.
I've changed my personal computer and Btm V1.02 don't want to start....someone have some tips for me?
I've tried what Btm wrote in the first post but nothing.
Thank you.
if you need a filter
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Attached File(s)
File Type: ex4 MOSTAPHA RIVALS V3.ex4   20 KB | 508 downloads
i have tried to start trades with a trend, now i prefer to follow the trend
Quoting ejiexe
{quote} I love the TIPS part of the notification on your updated version. With the TIPS I don't even open the EURNZD. I have different broker configure on my VPS so I got most of the alert. Hence the reason I have multiple alert. I equally got signal on emails and I have differentiate my email notification sound from other messages. {image}
PMed you just now, please reply. You're trading from Nigeria...that's heartwarming. I be Naija too but trading from Ghana.
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 (tel:381 763/381) = 2.0 --> R:R 1:2
DrDave,

the reason i figures it was worth asking, is because it takes a lot to maintain above a 50% win rate over hundreds and hundreds of trades. Usually, the high win rate, the worse the RR, and vice versa. It just makes sense.

That said, the reason I bring it up in this way is primarily because as that overall win rate decreases with more occurrences, that RR becomes ever more important. Ie, 66% win rate at 2:1 RR is break even, and 66% is impressive as hell.

Lastly, I have found myself in a similar fury of winning Pips saying that “I’ll stay at 1:2 RR unless price tells me different”. What I’ve found with my own analysis and human nature is that “price starts telling you” that the ten Pips you got look good, regardless of the fact you risked 20. After a while it no longer matters that your system calls for a favorable RR, because you occurrences have effectively undermined that.

The exit and where you exit, in my own opinion, is just as important when it comes to sticking to your system. Again, the good trader takes what’s his, and gives back very little. That’s what it appears is happening, and that is fantastic!
HedgeTest Return This Year: na
Would you take the trade aiming for TP2 although it was outside of the bands?
Or just aim for TP1?
Aiming for TP1 would give around 14 pips while SL 23 pips so not very good R:R.
Personally i would take this trade to TP1 only and because the difference between SL and TP is just 9 pips.
Any advice?
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Work smarter,not harder
Quoting marcof91
Attached Image
Would you take the trade aiming for TP2 although it was outside of the bands? Or just aim for TP1? Aiming for TP1 would give around 14 pips while SL 23 pips so not very good R:R. Personally i would take this trade to TP1 only and because the difference between SL and TP is just 9 pips. Any advice? {image}
I haven't seen anyone mention how the distance to the SL and TP change as the trade progress when it goes for many bars before something being hit. In this example, you see at the down arrow the SL is ALREADY above the top band with the bands moving DOWN. So, this means that even if price runs up before hitting TP, there is low probability of price hitting SL that is ABOVE the top band, and probability keeps going down even more, because the bands are moving DOWN, putting the SL even further away from the top band as it continues to move down.

And with the same logic applied to TP, the bands are moving DOWN as time passes, so the distance from the bottom band to both TP1 and TP2 decreases. You can see in the left picture that due to the amount that the bottom band has been moving down with each step, the bottom band will reach TP2 on the very next step down.

So it is reasonable that when TP1 is hit to move SL at least to BE (or if you made multiple entries, close at least 1 of them and leave at least 1 to run.)
The markets are speaking to you. Do you know their language? I M T
Hi. Is there anyone who is only trading the EU session (Frankfurt Open - New York Close) with any profitable outcome for the last trading week (23.09.-27.09) ?

I looked back through the 7 major forex pairs i am trading (without USD/CHF as i am not trading CHF pairs).

Here are my observations.

EUR/USD - NO SIGNALS
USD/JPY - 2 Signals (2 potential winners)
GBP/USD - 1 Signal (Near lower band, no SL, no TP yet, Friday...)
AUD/USD - 1 Signal (1 SL)
USD/CAD - 2 Signals (Not hitting TP, maybe break even or so)
NZD/USD - NO SIGNALS

Perhaps, 2 winners, 1-2 Losers, 1-2 break even, which would also represent my live experience for the last week.

Charts ( Blue boxes on chart represent EU/NY trading times ).

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Now from your experience is that the average to expect while trading only the selected 6 forex pairs during most volatile market hours (EU session)?
If so this looks to me like a very hard mission to become/stay long term profitable with trading this strategy only here.

Trading the M15 time frame (so day trading) with such average outcome would take quiet long to overcome any longer losing period or bigger drawdown.

Now what if i would like to only trade ONE specific market? Is there anything you could recommend to look at while still making enough money without having to watch dozens of nearly all of time ranging currency pairs? Have you tested the Dax or the E-Mini Nasdaq, maybe anything else?
Quoting nasoproshot
Hi to all and exscuse me for my bad english. I'm following this thread from the beggining and read it all. This is a good and robust strategy but I've a problem now. I've changed my personal computer and Btm V1.02 don't want to start....someone have some tips for me? I've tried what Btm wrote in the first post but nothing. Thank you.
Try reload the BTM Dashboard when the market open. Dashboard will not show anything if market is closed.
Quoting lddd;12530158)
I looked back through the 7 major forex pairs i am trading (without USD/CHF as i am not trading CHF pairs). Here are my observations. EUR/USD - NO SIGNALS USD/JPY - 2 Signals (2 potential winners) GBP/USD - 1 Signal (Near lower band, no SL, no TP yet, Friday...) AUD/USD - 1 Signal (1 SL) USD/CAD - 2 Signals (Not hitting TP, maybe break even or so) NZD/USD - NO SIGNALS Perhaps, 2 winners, 1-2 Losers, 1-2 break even, which would also represent my live experience for the last week. Charts ( Blue boxes on chart represent EU/NY trading times ). {image} {image} {image} {image} {image} {image} Now from your experience is that the average to expect while trading only the selected 6 forex pairs during most volatile market hours (EU session)? If so this looks to me like a very hard mission to become/stay long term profitable with trading this strategy only here. Trading the M15 time frame (so day trading) with such average outcome would take quiet long to overcome any longer losing period or bigger drawdown. Now what if i would like to only trade ONE specific market? Is there anything you could recommend to look at while still making enough money without having to watch dozens of nearly all of time ranging currency pairs? Have you tested the Dax or the E-Mini Nasdaq, maybe anything else?
When you say "I looked back", do you mean that you simply scrolled back your charts and looked for setups? If so, did you not read the entire thread? [Oh, wait, my bad. This is an Iddd question, so of course you did not read the entire thread.] It is already well established that you cannot scroll to the past to find setups.
The markets are speaking to you. Do you know their language? I M T
Quoting jereajali
if you need a filter {image} {file}
Just an idea. Enter each arrow. Close everything on today's or tomorrow's white line.
Please excuse the bad English via Google Translate.
Quoting lddd
Hi. Is there anyone who is only trading the EU session (Frankfurt Open - New York Close) with any profitable outcome for the last trading week (23.09.-27.09) ? I looked back through the 7 major forex pairs i am trading (without USD/CHF as i am not trading CHF pairs). Here are my observations. EUR/USD - NO SIGNALS USD/JPY - 2 Signals (2 potential winners) GBP/USD - 1 Signal (Near lower band, no SL, no TP yet, Friday...) AUD/USD - 1 Signal (1 SL) USD/CAD - 2 Signals (Not hitting TP, maybe break even or so) NZD/USD - NO SIGNALS Perhaps, 2 winners,...
like Drdave says scrolling back doesn't work, i done this in the beginning, but remember the trend 'D' line moves with price so trades that you think was winners may not have come up to fit the rules.

if you have read my comment before i trade from 06:30 till market close UK time, i trade 27 Fx pairs and Xauusd if you check me TE for last week you'll see it was profitable.
Quoting jensen1234
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)
Try to base this code:

Inserted Code
   string objName;
   double r2, r1, pp, s1, s2;
  
   for (int i = ObjectsTotal()-1; i >= 0 && !_StopFlag; i--)
   {
      objName = ObjectName(i);
      
      if (ObjectType(objName) == OBJ_TREND)
      {
         if (objName == "R2[0]")
            r2 = ObjectGet(objName, OBJPROP_PRICE1);
         if (objName == "R1[0]")
            r1 = ObjectGet(objName, OBJPROP_PRICE1);
         if (objName == "PP[0]")
            pp = ObjectGet(objName, OBJPROP_PRICE1);
         if (objName == "S1[0]")
            s1 = ObjectGet(objName, OBJPROP_PRICE1);
         if (objName == "S2[0]")
            s2 = ObjectGet(objName, OBJPROP_PRICE1);
      }
   }
Quoting DrDave
{quote} I haven't seen anyone mention how the distance to the SL and TP change as the trade progress when it goes for many bars before something being hit. In this example, you see at the down arrow the SL is ALREADY above the top band with the bands moving DOWN. So, this means that even if price runs up before hitting TP, there is low probability of price hitting SL that is ABOVE the top band, and probability keeps going down even more, because the bands are moving DOWN, putting the SL even further away from the top band as it continues to move...
Got it! Thanks a lot.
Work smarter,not harder
So i've created another TE this new one will be shooting for TP2 only, once TP1 is hit i will move SL to break even and let it do its thing no closing half at TP1.

I am actually interested at what the results will be after a month as i have seen many TP2's get hit with this strat.

The TE on my signature will stay the same being that i close half at TP1 then aiming for TP2.

i can only post one TE on my signature so if interested keep an eye out
Check this one minute video i did to see how the bands work.
And also i receive alerts to trade but no arrows show...this is due to the D indicator other signal that it's hidden in the settings.
https://docs.google.com/uc?export=download&id=1IXob97S_0LcHLNUsIWcfDwFKc5R_I586
Work smarter,not harder
Quoting marcof91
Check this one minute video i did to see how the bands work. And also i receive alerts to trade but no arrows show...this is due to the D indicator other signal that it's hidden in the settings. https://docs.google.com/uc?export=download&id=1IXob97S_0LcHLNUsIWcfDwFKc5R_I586
Can you show us which D indicator setting is hidden? Thank you
Quoting Iniezta
{quote} Can you show us which D indicator setting is hidden? Thank you
The indicator code can only be seen by the coder which is not me.
Only the coder can make changes to it.
Work smarter,not harder
Quoting marcof91
{quote} The indicator code can only be seen by the coder which is not me. Only the coder can make changes to it.
i see my friend
Quoting marcof91
Check this one minute video i did to see how the bands work. And also i receive alerts to trade but no arrows show...this is due to the D indicator other signal that it's hidden in the settings. https://docs.google.com/uc?export=download&id=1IXob97S_0LcHLNUsIWcfDwFKc5R_I586
Yeah...I noticed that too. I receive alerts to enter a trade but it doesn't show on the chart. Why is that?
Quoting Ah-Ong
{quote} Slow pc ?? Try this It scan 30 pairs during M15 candle close and push notification to your hand phone. Just load this Indicator into ONEchart enough. Don't apply any chart with BTM template to save some computer or VPS resources. Continue your daily routines work and wait for the signal. When receive push notification, open new chart and apply BTM template to analyse with Post #1 TIPS whether is it good to trade. Different broker will receive different signal. Even same broker with different server also may...
I'm doing something wrong, right? Please point me in the right direction. Thanks much. Sent you PM, please reply!

[attach]2019-09-29 [EURCAD,M15].png;3451874[/attach]
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