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Notable numbers strategy

  • #21
  • Nov 11, 2022 10:01am Nov 11, 2022 10:01am
Results for 1st month trading on a real account with 100 USD initial capital:

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  • #22
  • Nov 15, 2022 7:54am Nov 15, 2022 7:54am
Quoting joyny
EURCAD Notable number is "44", for example, the valid price level to monitor is 1.4644 BUY when the previous 23 day high/low prices are above our notable price level with "44" so the price reaches "44" from above. SELL when the previous 23 day high/low prices are below our notable price level with "44" so the price reaches "44" from below. TP 0.65%, SL 0.55% Entry time: 17:00 - 20:00 (London +2h) {image} {file}{file}
EURCAD opened on 14.11.2022 20:00 SELL at 1.3744, SL 80 pips
  • #23
  • Nov 29, 2022 11:50pm Nov 29, 2022 11:50pm
4 more deals were done:

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Yesterdays CADJPY SELL at 101.886 still opened.
  • #24
  • Nov 30, 2022 5:12am Nov 30, 2022 5:12am
Congratulation for your approach and details Joyny :-)
Question...
how do you find the optimizations sets from number of bars and digits ?

story to make it on our own side :-)
  • #25
  • Nov 30, 2022 7:19am Nov 30, 2022 7:19am
Quoting joyny
4 more deals were done: {image} Yesterdays CADJPY SELL at 101.886 still opened.
CADJPY hit SL 80 pips
  • #26
  • Nov 30, 2022 7:31am Nov 30, 2022 7:31am
Quoting js497
Congratulation for your approach and details Joyny :-) Question... how do you find the optimizations sets from number of bars and digits ? story to make it on our own side :-)
used MT5 Strategy tester optimizations (optimized bars count and notable numbers). Pick up those setups which performed well in backtests (years 2013 - 2019) and in forward tests (years 2020 - 2022).
  • #27
  • Nov 30, 2022 9:53am Nov 30, 2022 9:53am
Quoting joyny
{quote} used MT5 Strategy tester optimizations (optimized bars count and notable numbers). Pick up those setups which performed well in backtests (years 2013 - 2019) and in forward tests (years 2020 - 2022).
Ok, i will try something with ninjatrader,
Thx Joyny,
  • #28
  • Nov 30, 2022 1:40pm Nov 30, 2022 1:40pm
Good approach Joyny.

Here is a similar strategy which could be interesting with round numbers, i use it from time to time, but thinking to jump into ea for this one, since its hard to track all opportunities. Disregard the idiotic headline in youtube video....
Inserted Video
Help to be helped.
  • #29
  • Dec 1, 2022 3:10am Dec 1, 2022 3:10am
Quoting Lazar83
Good approach Joyny. Here is a similar strategy which could be interesting with round numbers, i use it from time to time, but thinking to jump into ea for this one, since its hard to track all opportunities. Disregard the idiotic headline in youtube video.... https://www.youtube.com/watch?v=ZyodZB1kA10
Thank you!

Checked from year 2013 "00" works fine for GBPUSD with fixed SL/TP - posted results here.

"50" seems an interesting candidate to check with an EA
  • #30
  • Dec 1, 2022 5:30am Dec 1, 2022 5:30am
One thing i like about this strategy is that its completely brain dead, so no heavy computing, simply targeting levels. I think 50 gives more entries and flexibility on daily level.
Help to be helped.
  • #31
  • Edited 6:29am Dec 1, 2022 6:17am | Edited 6:29am
Hi Lazar!
Quoting Lazar83
i use it
Answering commentaries, author says: "I leave MM to you". In the video he says "...target around next level". + My vision of this kind of strategies is to set SL to the pullback (current swing) high or low.

What could you recommend as a SL/TP based on your experience with this strategy?
Just an opinion. Based on research
  • #32
  • Dec 1, 2022 9:31am Dec 1, 2022 9:31am
Tbh, different people, different risk appetites. Since this is not my main strategy i either use some previous high/low or % of the account, based on my mood or fear factor. Ideally you would need to provide some breathing space. I am afraid i am not much of a help here. On the positive side, is simplicity beats everything i compere it with.
Help to be helped.
  • #33
  • Dec 2, 2022 12:49am Dec 2, 2022 12:49am
Did profitable 3 deals in a row - notable numbers you can see were "66", "55" and "88":

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Now account +27% in profits.
  • #34
  • Dec 2, 2022 2:39pm Dec 2, 2022 2:39pm
Strategy is simple and effective, keep going man. it's hard to get all on 50+ instruments, but there are plenty of opportunity with level 50.
Help to be helped.
  • #35
  • Dec 6, 2022 2:27am Dec 6, 2022 2:27am
3 deals. Notable numbers 44, 66 and 88:

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Here is how the portfolio compensates.. 2 losers EURCAD and GBPUSD. All the rest are positive:

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So far all according to analysis.
  • #36
  • Dec 9, 2022 5:55am Dec 9, 2022 5:55am
It looks good. Hope that now its the same situation.

Do you have any indicator that can give an alarm if the candle crosses the price level of 50 or 100? It looks better to put it on 30 instruments and wait.
Help to be helped.
  • #37
  • Dec 9, 2022 9:51am Dec 9, 2022 9:51am
Quoting Lazar83
It looks good. Hope that now its the same situation. Do you have any indicator that can give an alarm if the candle crosses the price level of 50 or 100? It looks better to put it on 30 instruments and wait.
No indi.. i might push alerts to an telegram account if that suits..? For example if price is 20pips till entry? Will it be ok for people? Any interested?
  • #38
  • Dec 10, 2022 1:47am Dec 10, 2022 1:47am
Yes Sir. but in my opinion better stay here
  • #39
  • Dec 13, 2022 7:02am Dec 13, 2022 7:02am
Quoting joyny
{quote} No indi.. i might push alerts to an telegram account if that suits..? For example if price is 20pips till entry? Will it be ok for people? Any interested?
I was getting headaches from telegram, and i deleted that rabbitholle app.

I am thinking how to automate the whole strategy since on surface it looks easy for manual trading, but to automate it on IF this then That rules its not so easy.
Manually its profitable.
Help to be helped.
  • #40
  • Dec 16, 2022 12:15am Dec 16, 2022 12:15am
Quoting joyny
We all know about "round numbers" psychological levels. Based on that created an EA to test some similar idea. But this strategy can be traded manually. EA used for analysis purposes to ensure that this approach can work. EA analyzed not only round numbers like 1.2300, 1.2200 or 1.2000 but in place of "0" can be any number like 1.2355, 1.2255, 1.2555 - why only "0" consider..? Therefore developed a universal approach when can be set what number will be used as a "notable number" and how many digits (from 2 to 4). Then took EURUSD. Backtested years...
Oh man, thanks for this! I am checking it out now on Tradingview and it looks interesting!
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