At last I think I have a strategy that works!

I further developed my MT4 trading simulator, so I can view multi timeframes in the strategy tester, I've run through years of trading in the last few weeks.

These are the results of my test, I basically pick EURUSD or GDPUSD at random point in time, so I have no idea what will happen to the price, but I can test a whole days trading in full MTF in a few minutes, quite staggering results, yes I know a couple of months results do not make a trader and it doesnt cover all market condition, but it's looking very promising 100% profit.

Can you give more details ? What is the strategy about ?

I use Multi Timeframes for guidance and then 5 mins for entry, this is a setup from a random date, what you are looking for is a break of than trendline, it's the famous market maker pattern, it works, there are some really good vide on Youtube about it, this one's pretty good .

Avoid the MA strategies, stick to that kind of stuff, I think order blocks are a bit much, you don't really need to delve into things that deeply, I'd say what you need more than anything is practice and a hell of a lot of it, I mean what do you learn after sitting staring at that screen for 12 months? NOT MUCH for most people, that's why I developed the MTF strategy tester, you just can't trade without the overview of the higher timeframes for your targets. So I've just ran hours and hours day after day of simulations, so I've gained about 12 months trading experience in a week.

I've posted an old version of the simulator on a previous thread, I'll post the latest, once I've tidied them up if anyone's interested.

It's just like learning anything else really, it dont matter how much you learn, you dont get it right until youve had the experience of doing it for real over and over again.

As a good exercise you could plot the results of the trading report on your chart, ignore the first 3 trades, they were tests really, and there are 3 or so trades that were just wrong, and that's why so much practice, to iron out those mistakes.

EDIT, I also use the previous 3 days high and lows for support and resistance areas.

A bit more on the strategy, I try to keep as simple as possible, I trade obvious recurring patterns, I'll be looking to go short at around 1.04+, could swing higher, could range back up to top, it's all about probability, it could even just shoot down.

So it dropped from 1.0395, but I was going to short at 1.04+, which it got to, but at this time of day on a Friday......... I am not in the mood to reevaluate and reanalyse so give it a miss.
Now I predict that one of two things will happen, it will swing high again to take stops out, but so many I've seen this setup and by the time I get up on Monday morning, it'll be down 100 pips.

Oh there is always the 3rd option with FX, something completely different.

And so.. it does both.. and they tell you never to go for the weekend...

And see, that's' exactly what happened.