The bear trap, dump and pump | Forex Factory

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The bear trap, dump and pump

  • #1
  • First Post: Aug 31, 2025 5:22am Aug 31, 2025 5:22am
hi

using a new approach now

1 single moving average

close above the moving average enter long breach below exit long

buy only no selling

good luck
Attached File(s)
File Type: tpl the bear trap easy 123.tpl   < 1 KB | 174 downloads
  • #2
  • Aug 31, 2025 5:28am Aug 31, 2025 5:28am
This is the 68th topic you've started. You're not very consistent!
  • #3
  • Aug 31, 2025 6:49am Aug 31, 2025 6:49am
Quoting pusztafie
This is the 68th topic you've started. You're not very consistent!
Not consistent with the one system, but his system output is systematically consistent..
  • #4
  • Aug 31, 2025 7:03am Aug 31, 2025 7:03am
I've adjusted this slightly its now more accurate

template attached

the entry is on a breakout of the moving average to buy and stop at the swing low

this is for the 1 hour charts
Attached File(s)
File Type: tpl beae trap ammendment 2222.tpl   < 1 KB | 158 downloads
  • #5
  • Aug 31, 2025 7:55am Aug 31, 2025 7:55am
Quoting pusztafie
This is the 68th topic you've started. You're not very consistent!
Can't wait for the 69th
MT4/MT5 EAs/Indicators/Alerts coder
  • #6
  • Aug 31, 2025 8:19am Aug 31, 2025 8:19am
the entry has to be on the break of the white ema

only exit if the open and close go back below the ema

set a target of 250 pips

losses can be 50 - 100 pips
  • #7
  • Aug 31, 2025 11:59am Aug 31, 2025 11:59am
Seriously, have you just 'invented' an MA cross strategy ? I thought that by the time you got to system number 68 you would have gained some knowledge. The good news is mate, you don't need somebody to make an EA for you on this one, there are hundreds of them.
  • #8
  • Aug 31, 2025 1:04pm Aug 31, 2025 1:04pm
Every strategy has already been invented. System building isn't really a traders job. The job of a trader is to actually pick one system and follow it for as long as it works.
  • #9
  • Aug 31, 2025 3:09pm Aug 31, 2025 3:09pm
Quoting PiipPool
Every strategy has already been invented. System building isn't really a traders job. The job of a trader is to actually pick one system and follow it for as long as it works.
Totally agree. Trading is a grind, not a gift.
  • #10
  • Sep 1, 2025 12:13pm Sep 1, 2025 12:13pm
the exact entry is when price breach the moving average

stop loss when price closes under moving average

target 250 pips
  • #11
  • Last Post: Sep 1, 2025 9:19pm Sep 1, 2025 9:19pm
Quoting FerruFx
{quote} Can't wait for the 69th
69 systems and not one has lasted longer than a quick drink on the first date
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