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Simple Monday-Tuesday System (attached calculator)

  • #2,001
  • Apr 11, 2020 2:31am Apr 11, 2020 2:31am
Quoting Romiros
{quote} what% risk do you use per trade?
I used 2% pert trade the previous week (which ended up badly!), so carried that on this past week in order to make up as much of the shortfall as I could.
"Pips are vanity. Profit is sanity."
  • #2,002
  • Apr 11, 2020 3:25am Apr 11, 2020 3:25am
Quoting PaulDV
{quote} I used 2% pert trade the previous week (which ended up badly!), so carried that on this past week in order to make up as much of the shortfall as I could.
2% risk per pair and how many pairs did you trade? 28?
  • #2,003
  • Apr 11, 2020 6:04am Apr 11, 2020 6:04am
This system seems to be consistently profitable, only since August 2018.
Attached File(s)
File Type: ex4 Motu.ex4   10 KB | 340 downloads
  • #2,004
  • Apr 11, 2020 6:20am Apr 11, 2020 6:20am
Quoting samsha786
This system seems to be consistently profitable, only since August 2018. {file}
All pairs? Only one pair?
  • #2,005
  • Apr 11, 2020 8:16am Apr 11, 2020 8:16am
Quoting samsha786
This system seems to be consistently profitable, only since August 2018. {file}
what is this you posted?
  • #2,006
  • Apr 11, 2020 12:34pm Apr 11, 2020 12:34pm
Quoting 0xff
New week, new orders {image}
Curious to see how you did for the week buddy.

Still on the fence if I should move SL to breakeven on TP1 or just leave it till I close on Friday.
The quick brown fox jumps over the lazy dog.
  • #2,007
  • Apr 11, 2020 12:52pm Apr 11, 2020 12:52pm
Quoting samsha786
This system seems to be consistently profitable, only since August 2018. {file}
You mean this strategy is working great?
  • #2,008
  • Apr 11, 2020 12:56pm Apr 11, 2020 12:56pm
Quoting BluesUntukAk
I close my trade manually today since the spread getting bigger because of the bank holiday. Trade safe everyone. {image}
Pls am so impressed with ur result, pls which settings are you using? 25,% entry 50% sl or 15% entry 50 sl pls
  • #2,009
  • Apr 11, 2020 8:16pm Apr 11, 2020 8:16pm
Quoting Bidemiwealth
{quote} Pls am so impressed with ur result, pls which settings are you using? 25,% entry 50% sl or 15% entry 50 sl pls
I'm using Erebus setting posted at page 61 post #1208.
Newbie here
  • #2,010
  • Apr 11, 2020 10:12pm Apr 11, 2020 10:12pm
Quoting 0xff
New week, new orders {image}
Hi and thanks for sharing your result with others . As I remember you always close all opening trade on Friday. Can I ask why you didn't close open trades last week ?
Thanks
peter.
  • #2,011
  • Apr 12, 2020 5:26am Apr 12, 2020 5:26am
Quoting teleblue
here are my results for week three of live trading: {image} {image} {image}
Hi tele i just pm you pls can you check
  • #2,012
  • Apr 12, 2020 12:52pm Apr 12, 2020 12:52pm
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 600 KB
  • #2,013
  • Apr 12, 2020 6:20pm Apr 12, 2020 6:20pm
Quoting Erebus
{quote} Instead of the first 2 candles of the week, I would expect he uses the first 2 candles of the day, on 4 hours timeframe. That's start of Asian session, less volume, might be some narrow ranges, but if the direction is correct, could be HUGE payoff. I watch 28 pairs so too much work for me, good luck to him. No indicators are needed whatsoever for this system; let's keep it that way.
Hello Erebus i just tested your idea on 4hrs 1st 2 candles and its kool please can you take it further Is the entry done at the close of the 2nd candle?after taking the H/L of the 2 closed candles.Thanks
  • #2,014
  • Apr 14, 2020 6:18am Apr 14, 2020 6:18am
Here are my results for 1 month of live trade the Hi/Low method. I had one small loss last week (Eur/Usd), which I manually closed because I didn't want to hold the position over the holiday weekend. Good luck Y'all!


Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 39 KB
Enter Signature
  • #2,015
  • Apr 14, 2020 6:42am Apr 14, 2020 6:42am
Quoting teleblue
Here are my results for 1 month of live trade the Hi/Low method. I had one small loss last week (Eur/Usd), which I manually closed because I didn't want to hold the position over the holiday weekend. Good luck Y'all! {image}
Hi tele i pm u yesterday did you check it.RGDS
  • #2,016
  • Apr 14, 2020 7:49am Apr 14, 2020 7:49am
Quoting Slingshots1
{quote} Hi tele i pm u yesterday did you check it.RGDS
Yes and I already responded, check your in-box.
Enter Signature
  • #2,017
  • Apr 14, 2020 7:59am Apr 14, 2020 7:59am
Quoting teleblue
{quote} Yes and I already responded, check your in-box.
Seems its not in the mail well thanks at least for responding.Rgds
  • #2,018
  • Apr 14, 2020 8:05am Apr 14, 2020 8:05am
Hi All

Hope you keeping well.

Can anyone enlighten me on the optimal settings to use for:

  1. Entry Multiple
  2. Stop Loss Multiple
  3. Take Profit Multiple

According to my back testing, this has just been profitable for a short period - then too, the variables above have a significant impact. Anyone with long running accounts care to comment or give some insights?

  • #2,019
  • Apr 14, 2020 8:06am Apr 14, 2020 8:06am
Quoting teleblue
Here are my results for 1 month of live trade the Hi/Low method. I had one small loss last week (Eur/Usd), which I manually closed because I didn't want to hold the position over the holiday weekend. Good luck Y'all! {image}
Hi

Can you share more details around what you posted?
  • #2,020
  • Apr 14, 2020 8:09am Apr 14, 2020 8:09am
Quoting teleblue
{quote} Yes and I already responded, check your in-box.
It came in late tele thanks i thought you already have it as a file whereby i can post so its not even possible to make a template.Guess i need to do some maths and i aint no good in that.Thanks
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