PBTrend A Daily Trend Following System | Forex Factory

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PBTrend A Daily Trend Following System

  • #1
  • First Post: Jul 20, 2007 10:14pm Jul 20, 2007 10:14pm
Click here to view a report about this system. I will explain this system in more detail in the near future. The back-test is from July 2002 to July 2007 so this system hardly trades more than once a month. However, the results are promising.
  • #2
  • Jul 24, 2007 7:57am Jul 24, 2007 7:57am
PBTrend uses a fixed ratio technique to calculate the lot size per trade. It trades 0.01 lots per $1000 of your account balance if you set your risk factory to 1.

For those platforms that do not support micro lots it trades 0.1 lots per $10000 of your account balance.
  • #3
  • Jul 31, 2007 11:37am Jul 31, 2007 11:37am
The attached file helps you to have a better understanding of this system. Your comments are welcome.
Attached File(s)
File Type: pdf PTrend.pdf   350 KB | 2,946 downloads
  • #4
  • Aug 6, 2007 8:18am Aug 6, 2007 8:18am
If you want to share your back-test data or forward-test results about PBTrend please post them here.

Thanks,
Al
  • #5
  • Aug 7, 2007 7:55am Aug 7, 2007 7:55am
The first trade for PBTrend has just been triggered. Let's see how that one turns out. I'm curious ! Funny comment in the trading terminal, Al.
  • #6
  • Aug 7, 2007 8:38am Aug 7, 2007 8:38am
Quoting oby
The first trade for PBTrend has just been triggered. Let's see how that one turns out. I'm curious ! Funny comment in the trading terminal, Al.
  • #7
  • Aug 7, 2007 1:09pm Aug 7, 2007 1:09pm
Quoting oby
The first trade for PBTrend has just been triggered. Let's see how that one turns out. I'm curious ! Funny comment in the trading terminal, Al.
I am glad you made that post. I got my first trade also. Since I have the PBTrend EA mixed in with several other EAs I was trying to figure out which EA opened a trade with the 'MA Guy Short' comment. Now I know.

GBPUSD trade on IBFX
Short @ 2.0232 - 08/07/07/ 12:49 GMT
  • #8
  • Aug 7, 2007 2:47pm Aug 7, 2007 2:47pm
Quoting nvwine
I am glad you made that post. I got my first trade also. Since I have the PBTrend EA mixed in with several other EAs I was trying to figure out which EA opened a trade with the 'MA Guy Short' comment. Now I know.

GBPUSD trade on IBFX
Short @ 2.0232 - 08/07/07/ 12:49 GMT
It's truely and MA guy. I hope it makes me proud on its first trade.
  • #9
  • Aug 9, 2007 2:40pm Aug 9, 2007 2:40pm
Al,

Does the PBTrend EA always use the daily chart based on internal program settings regardless of the chart it is attached to? Is it possible to use 4hr charts for the trade basis.

Page 5 of your PDF manual under notes #2 is incorrect. Describing a different EA?
  • #10
  • Aug 9, 2007 3:37pm Aug 9, 2007 3:37pm
Quoting nvwine
Al,

Does the PBTrend EA always use the daily chart based on internal program settings regardless of the chart it is attached to? Is it possible to use 4hr charts for the trade basis.

Page 5 of your PDF manual under notes #2 is incorrect. Describing a different EA?
Hi nvwine,

Sorry about that I will correct the mistak. PBTrend always trades daily charts. However, I may change this in the near future.

Thanks,
Al
  • #11
  • Aug 31, 2007 8:11am Aug 31, 2007 8:11am
We had some action today [unfortunately a loss]. I summarized my PBTrend trades I've had so far:

07/08/07 MA Guy Short [-44 Pips]:
Entry
2.0232
S/L
2.0276
T/P
1.9915

07/08/08 MA Guy Long [-14 Pips]:
Entry
2.0352
S/L
2.0308 [S/L moved to 2.0338]
T/P
2.0669

07/08/31 MA Guy Long [-44 Pips]:
Entry
2.0229
S/L
2.0185
T/P
2.0249

Hope we get some positive action soon! I'm pretty confident about that ! Please let me know in case you have other trades!
  • #12
  • Sep 1, 2007 1:33am Sep 1, 2007 1:33am
Quoting oby
We had some action today [unfortunately a loss]. I summarized my PBTrend trades I've had so far:

07/08/07 MA Guy Short [-44 Pips]:
Entry
2.0232
S/L
2.0276
T/P
1.9915

07/08/08 MA Guy Long [-14 Pips]:
Entry
2.0352
S/L
2.0308 [S/L moved to 2.0338]
T/P
2.0669

07/08/31 MA Guy Long [-44 Pips]:
Entry
2.0229
S/L
2.0185
T/P
2.0249

Hope we get some positive action soon! I'm pretty confident about that ! Please let me know in case you have other trades!
Thanks very much for posting your results. Unfortunately the trend following systems are losers most of the time. I'm working on a new release of the package that is more profitable and trades more. The new release won't be ready very soon though.

Good Luck,
Al
  • #13
  • Sep 5, 2007 6:50pm Sep 5, 2007 6:50pm
Quoting aparsai
Thanks very much for posting your results. Unfortunately the trend following systems are losers most of the time. I'm working on a new release of the package that is more profitable and trades more. The new release won't be ready very soon though.

Good Luck,
Al
Al, you have fix your EA ???
I want to test first
  • #14
  • Last Post: Sep 5, 2007 7:17pm Sep 5, 2007 7:17pm
Quoting downloadduit
Al, you have fix your EA ???
I want to test first
Hi downloadduit,

There is no demo version available for this EA. I'm currently working on this package. I will publish the demo package when it is capable to trade 5 currency pairs or more. It will hopefully be ready in the next few months. My main focus is on PipBoxer. However, I'll work on PBTrend as soon as I get a chance to.

Thanks,
Al
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