Strategy Development | Page 12 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trading Strategy Development Journal For EA 209 replies

Position Building Strategy in Development 10 replies

Strategy Development 101 4 replies

Simple 5 Min Chart Strategy Development 2 replies

COT strategy development. 9 replies

Attachments: Strategy Development
Exit Attachments

Strategy Development

  • #221
  • Jun 8, 2022 6:21am Jun 8, 2022 6:21am
Today (Wed) 13.2%

My mistake was turning my nzdpy longs to nzdusd longs. that was a mistake. if i didnt i would gain more. but this percentage is very good for daily. many traders target is monthly %20. mine is daily %13.

another mistake was early close eurusd longs.

What did you say I did right?
I made money.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB

Why i turned nzdpy to nzdusd.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 13 KB
  • #222
  • Jun 8, 2022 6:33am Jun 8, 2022 6:33am
Why Chose NZDJPY

ALL jpy pairs tested or broke last swing high. so nzdjpy not happened. so it will touch at least. so i chosed. here it is.

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy-d1-tickmill-ltd.png Size: 15 KB
  • #223
  • Edited 12:56pm Jun 8, 2022 12:39pm | Edited 12:56pm
Today (Wed) 40.3%

This Week 527.5%

awesome trade.

Attached Image (click to enlarge)
Click to Enlarge Name: cadjpy-m1-tickmill-ltd.png Size: 30 KB
  • #224
  • Jun 8, 2022 1:01pm Jun 8, 2022 1:01pm
This is open. waiting breaking of green resistence.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
  • #225
  • Jun 9, 2022 2:14am Jun 9, 2022 2:14am
Quoting walidchidmi
{quote} make sure you dowloand the last file SW.ex4 and Zig_Zag Group.ex4 in you folder mt4
hello sir, can you help me?
I dont know why tpl not work
Attached Image (click to enlarge)
Click to Enlarge Name: abc.png Size: 33 KB
  • #226
  • Jun 9, 2022 2:35am Jun 9, 2022 2:35am
Today (Thu) 14.4%

yesterday i withdraw my money.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 31 KB
  • #227
  • Jun 9, 2022 3:23am Jun 9, 2022 3:23am
Quoting P.Action
Today (Thu) 14.4% yesterday i withdraw my money. {image}
hello sir, can you help me?
can you share indicator again for me?
i dont know why tpl not work in my mt4
Attached Image (click to enlarge)
Click to Enlarge Name: abc.png Size: 33 KB
  • #228
  • Jun 9, 2022 3:45am Jun 9, 2022 3:45am
My Birthday acount. started 06.06.2022

Yes

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gbpcad-m1-tickmill-ltd.png Size: 50 KB
  • #229
  • Jun 9, 2022 7:07am Jun 9, 2022 7:07am
Quoting k.wind
{quote} hello sir, can you help me? can you share indicator again for me? i dont know why tpl not work in my mt4 {image}
These are what i use.

Last update.

if you want previous update you could download from previous pagees from walid.
Attached File(s)
File Type: ex4 ! 82 elem.ex4   205 KB | 440 downloads
File Type: ex4 SW.ex4   10 KB | 442 downloads
File Type: ex4 ZIG_ZAG_STARTLEVEL.ex4   19 KB | 416 downloads
File Type: tpl ! 82 element.tpl   2 KB | 381 downloads
  • #230
  • Jun 9, 2022 7:08am Jun 9, 2022 7:08am
Today (Thu) 66.7%

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy-m1-tickmill-ltd.png Size: 15 KB
  • #231
  • Jun 9, 2022 7:26am Jun 9, 2022 7:26am
Okey guys and ladies i want to tell you how this happen.

you know we have indicator we know how to use it but i explain briefly.

history calculation is about moneys 1 day signal strength. that calculate last 24 hours. and current signals we have. chart is here

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 51 KB

what is strong money in 1 day NZD and GBP,
what is weak JPY and CAD

This is our target.

i explain my last nzdjpy trade. read in numerical order.

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 36 KB
  • #232
  • Jun 9, 2022 7:30am Jun 9, 2022 7:30am
additional information

i do what i do with PA. not indicator. indicator do %20 of my job. don't treat the indicator like a magic wand
  • #233
  • Jun 9, 2022 8:26am Jun 9, 2022 8:26am
again. i close this because us markets will open 5 minutes later. aud-nzd-jpy pairs is very effect from this. +%4 is fine

Today (Thu) 71.1%

Attached Image (click to enlarge)
Click to Enlarge Name: nzdjpy-m1-tickmill-ltd-.png Size: 24 KB
  • #234
  • Jun 9, 2022 10:56am Jun 9, 2022 10:56am
Hi PAction,

I have read the thread and very interesting,

But to me the most interesting thing is not the method is the money management,

Please could you help with the following questions

How much are you willing to risk per trade?

How much do you allow it to go against you, I have seen some of the charts and you allow to go against you and what you do is add

Do you use any tool to enter trades, mean bottom or something or entries and exits are manual

I dont have more questions just in general how much you risk on trades and your way to manage them

thanks
Kind Regards
  • #235
  • Jun 9, 2022 11:25am Jun 9, 2022 11:25am
Quoting Frag8383
Hi PAction, I have read the thread and very interesting, But to me the most interesting thing is not the method is the money management, Please could you help with the following questions How much are you willing to risk per trade? How much do you allow it to go against you, I have seen some of the charts and you allow to go against you and what you do is add Do you use any tool to enter trades, mean bottom or something or entries and exits are manual I dont have more questions just in general how much you risk on trades and your way to manage them...
How much are you willing to risk per trade?

I see risk differently. For example, I have withdrawn 4 times the money I deposited this week. so the risk for me was zero. I will withdraw double the money I deposited today. therefore, the remaining money is not the money that is deducted from me anyway.

How much do you allow it to go against you, I have seen some of the charts and you allow to go against you and what you do is add

The last position I added has a maximum leverage of 300. There are 2 reasons why I do this, one of the reasons is not to miss the trade. every position I enter is small and it happens a lot. As for the other reason, the average of these positions is generally at the level I want.

i controll related currencies while i am adding positions. for example today i open nzdpy position after that audnzd is at support level.so aud more up or less down against jpy. so i added audpy long. (this mean nzdpy up audpy more up)
if other related currencies seems bad to me i dont add sometimes close. generally i chose good currency because i control related currencies before trading.


Do you use any tool to enter trades, mean bottom or something or entries and exits are manual


i have 2 ea one of it i enter profit quantity and loss quantity when trade touch that quantity automatially all position close.
other ea is for one currency you can enter tp and profit level or you can close all position one click.
  • #236
  • Jun 9, 2022 11:29am Jun 9, 2022 11:29am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB
Attached Image (click to enlarge)
Click to Enlarge Name: gbpnzd-m1-tickmill-ltd-2.png Size: 15 KB
  • #237
  • Jun 9, 2022 12:15pm Jun 9, 2022 12:15pm
Quoting P.Action
{image}{image}
Thanks for the reply,

Your chart is a perfect example, you achieved today a 90% amazing and congrats is definitely not luck since you have been able to do it consistently. I do not know if you achieved the 90% on just that one trade but it does not matter.

What a mean is that indeed your positions must be small, otherwise the trades cannot move so much against you like i have seen in some of your charts but at the same time you achieve massive results so the positions have to be big and I think this is the key of your results that is why I'm asking.

On the above chart you enter many trades on the same area, when would you have gotten out of the trades if the trades goes against you?

how many positions you enter on that area? for example you enter at the top and the bottom of the congestion, so when you enter on top of the range then shoots up instead of moving down, would have you added more to the trades or you would have just a small position

thanks
kind regards
  • #238
  • Jun 9, 2022 12:37pm Jun 9, 2022 12:37pm
Quoting Frag8383
{quote} Thanks for the reply, Your chart is a perfect example, you achieved today a 90% amazing and congrats is definitely not luck since you have been able to do it consistently. I do not know if you achieved the 90% on just that one trade but it does not matter. What a mean is that indeed your positions must be small, otherwise the trades cannot move so much against you like i have seen in some of your charts but at the same time you achieve massive results so the positions have to be big and I think this is the key of your results that is why...
Today i traded.

audjpy-cadpy-eurcad-eurgbp-gbpcad-gbpnzd-gbpusd-nzdpy-usdcad-usdpy

today my base was jpy and nzd and gbp.

i dont change poition size in metatrader. for example it is at 0.5 lot if i open 1 lot i open 2 position.

i opened 15 position at that chart.

when position goes on my way i add positions too.

by the way not %90 i doubled today. withdraw time.

Today (Thu) 101.8%

This Week 775.6%

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 30 KB
  • #239
  • Jun 9, 2022 12:53pm Jun 9, 2022 12:53pm
i withdrawed all profit of today.

good evening all.
  • #240
  • Jun 10, 2022 3:06am Jun 10, 2022 3:06am
Good morning.

I made a decision. I'm writing myself here.
I thought everyone could get a participant and produce new things. but i was wrong. I was not taken to it.
One of the possibilities was that this happened, the other was that it didn't. one happened.
I wish everyone success in their trading life. Take care.
0 traders viewing now