Dashboard TZ

Current DD is only 2.6% ( from max profit )

DD needs some times and patience to recover. As long as the other trades makes profit, more time to recover

My system trades cycle is in average between 5/10 days depending what trades number limit I will use. Then initial DD never is higher 2 weeks. After that, DD disappear if you think I never lost profit earned with new trades. Profit grow is constant along weeks

First try is going well even new setup is untested and it's in theory less safer due I had remove some filters for adapt to intraweek. Anyway I'm allowing keep trades over weekend. This is fine for pass challenges but I need something allow me close before week ends without loss some profits. I will make a few tests more before try validation. My idea is pass validation with all funded account rules. It's harder way but if do it I will be sure it will be reliable in real trading...

Hold us updated

[quote=braintheboss;13057904]First try is going well even new setup is untested and it's in theory less safer due I had remove some filters for adapt to intraweek.

[quote=Badguy;13060943]Hold us updated I will. I still have make a few demo challenges for find the sweep spot

[quote=braintheboss;13061064] Good luck bro

Nice thread, will follow this thread. Thanks

As I finished challenge I was checking rules effect. Not good

You have to close all trades over weekend?

In challeges is not needed but when you trade funded account is mandatory. I'm trying adapt system to weekend rule

Nice job with your FTMO account - I thought you were in trouble for a while.

I'm still searching how adapt system to their rules. Challenge is easy because I don't need close at weekend

I need some coaches from u... @BraintheBoss

First week results are mixed. Test is divided in 2 tasks

1) Make 2500$ per week for complete challenge in 4 trading weeks ( 20 trading days ).
2) Keep net average per trade above 25p

At this moment second point is being very problematic since i have force bad closes. This make me carry some small loss closes for protect profit downing average much. I passed from work 40p per trade to around 20p in closed trades. Its 50% loss in average. So much for have safe margin

The only positive thing is I can have fast closes without many fakes. Anyway I have tune this with very low volatility pairs

A fast exit after an evident wrong entry...

When swings are real then signal is right. In trends you always get early entry. If I can tell tool when we are in a trend then it will be perfect wave tool

I finished study stuff and now is time for tune tool

This is main idea. As tool is for manual trading I choose easier rule even is not the optimal. ignore histogram colors because is still in development. Final version will show clearer that signal you will have.

I saw tool can detect real swings and follow trends too. Capture shows different moments. It works in same way in all pairs. Only difference is headroom for exit. In very low volatility pairs as EURCHF only will work small TPs without SL.

Histogram reading is easy. When we have a trend hsitorgram will move above/below opposite 50 level. If we wre in range will be between both 50 levels. For example if we have bull trend histogram will be between -50 and +100.

1) Blue boxes: Its common trend signal. Small circles shows price is going higher above 100 level. When circles stops then is good close

2) Red box and line: Typical extreme entry. its real swing since histogram change color inside day. its safe reemtry in breakout direction. Extreme trade loss it will be recovered for new trade

3) Orange circles: Entry/exit following histogram change direction. its safest signal but it have bigger delay

4) Orange/Blue box: Same as #1 but in a small wave

5) Black box: Same as #1/#4

6) Black circle: Real swing without reference. its only thing not sure how deal. You can use it as exit in a long profit trade or just risk an entry. if is wrong swing you always can exit fast ( in real time you dont know if first histogram change color is real swing due consolidation price behaviour )

That is all. Tool not try replace a mix of signals. its better use it as TP/SL affer you made a trade with your own analisys

Not perfect but I was able to find a trend/swing detector using histogram data