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Living in China, trading for a living 18 replies

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Trading 24 hours per day, 5 days per week 14 replies

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Trading for a living

  • #481
  • Nov 5, 2025 11:39am Nov 5, 2025 11:39am
Noisy, can you write code?
  • #482
  • Nov 5, 2025 11:40am Nov 5, 2025 11:40am
Quoting medici
{quote} All expectations are unreasonable. They distort your view of reality, and they pollute your life and actions. Better to completely and unconditionally surrender to how things are, and take life as it comes.Then you will find "balance".
That sounds like something out of a bad self-help book or some Buddha platitude. I understand what you mean, but that doesn't change my reality or make it any better. Surrender is not an option and I've already tried that.

Should I tell my landlord that he will unfortunately no longer receive his rent because I am now surrendering? Do you think sleeping on the street would improve my situation? My debts won't simply vanish into thin air. I will be even less able to help my father if my already bad financial situation gets even worse because I am now embarking on an acceptance trip.

Since you seem to be an academic type, here's something for you to study. https://link.springer.com/article/10...82-025-10485-3

Quote
Financial stress often results in a range of negative emotional and psychological outcomes, including depressive symptoms like low mood, anhedonia (loss of interest or pleasure in activities), and fatigue (Jones et al., 2022; Zafary, 2024). Continuous exposure to stress produces enduring mental health consequences, which may result in chronic depression and additional problems.

What do you think constant financial stress for well over a decade means? I believe you don't need to be a Nobel laureate to have the answer to that.
  • #483
  • Nov 5, 2025 11:53am Nov 5, 2025 11:53am
Quoting M31
Noisy, can you write code?
Yes, I've been programming since I was 12 (C++, Java, JavaScript, Python, Ruby, PHP, HTML5 and several more). I completed an apprenticeship as an IT specialist for application development in my early 20s after finishing school. Then I worked for two to three years in various IT jobs, including at Symantec, eBay, and Siemens. However, I've hardly coded at all in recent years. I have a few web projects that occasionally require coding, but I don't enjoy it much anymore because I also have enormous concentration problems now due to all the financial stress and family related problems.
  • #484
  • Nov 5, 2025 12:01pm Nov 5, 2025 12:01pm
You need to write a bit of code for your platform to identify engulfing candles, piercing lines, dark clouds. Bollinger band b, is Bollinger bands but without clutter, and good for divergence. All you need to do is wait on 1-hour XAUUSD, for it to return from being outside 2 std deviation and to coincide with a candle, engulfing for a buy, piercing line only if with a divergence. Sell engulfing or a dark cloud, stop loss below low / above high. Take profit 3:1 or 4:1.

You can add touch & rejecting the middle (20 sma), doesn't have to be current bar, can be up to 4 candles for pattern. Anymore than 4-5 don't trade

My Rules c#

// Get previous candle data
double prevOpen = Bars.OpenPrices[index - 2];
double prevClose = Bars.ClosePrices[index - 2];
double prevHigh = Bars.HighPrices[index - 2];
double prevLow = Bars.LowPrices[index - 2];
// Current candle
double currOpen = Bars.OpenPrices[index - 1];
double currClose = Bars.ClosePrices[index - 1];
double currHigh = Bars.HighPrices[index - 1];
double currLow = Bars.LowPrices[index - 1];
// Candle components
double body = Math.Abs(currClose - currOpen);
double upperShadow = currHigh - Math.Max(currClose, currOpen);
double lowerShadow = Math.Min(currClose, currOpen) - currLow;
double minGap = MinGapPips * Symbol.PipSize;
// Average body size for context
double avgBody = GetAverageBody(index - 1, 20); // 20-bar lookback
bool isLargeCandle = body >= avgBody * 1.25; // 50% bigger than avg
// Determine candle types
bool prevBullish = prevClose > prevOpen;
bool prevBearish = prevClose < prevOpen;
bool currBullish = currClose > currOpen;
bool currBearish = currClose < currOpen;
// === Engulfing, Cloud, Piercing ===
bool isBullishEngulfing = prevBearish && currBullish && currOpen <= prevClose && currClose > prevOpen;
bool isBearishEngulfing = prevBullish && currBearish && currOpen >= prevClose && currClose < prevOpen;
bool isDarkCloudCover = prevBullish && currBearish && currOpen >= prevClose && currClose <= (prevOpen + prevClose) / 2;
bool isPiercingLine = prevBearish && currBullish && currOpen <= prevClose && currClose >= (prevOpen + prevClose) / 2;
// === Marubozo detection ===
bool isBullishMarubozo = (currClose == currHigh) && (currOpen == currLow) && isLargeCandle;
bool isBearishMarubozo = (currClose == currLow) && (currOpen == currHigh) && isLargeCandle;
// === Harami ===
bool isBullishHarami = prevBearish && currBullish && currOpen > Math.Min(prevOpen, prevClose) &&
currClose < Math.Max(prevOpen, prevClose);
bool isBearishHarami = prevBullish && currBearish && currOpen < Math.Max(prevOpen, prevClose) &&
currClose > Math.Min(prevOpen, prevClose);
// === Hammer & Shooting Star ===
bool isHammer = body > 0 && lowerShadow >= body * ToleranceWick && upperShadow <= body * ToleranceShadow;
bool isShootingStar = body > 0 && upperShadow >= body * ToleranceWick && lowerShadow <= body * ToleranceShadow;
// === Tweezer ===
double tolerance = Symbol.PipSize * TolerancePips;
bool tweezerTop = Math.Abs(prevHigh - currHigh) <= tolerance && prevBullish && currBearish;
bool tweezerBottom = Math.Abs(prevLow - currLow) <= tolerance && prevBearish && currBullish;
// === Doji ===
bool isDoji = Math.Abs(currOpen - currClose) <= DojiThreshold * (currHigh - currLow);
// === Belt Hold ===
bool isBullishBeltHold = currBullish && currOpen == currLow && upperShadow <= body * ToleranceBelt && isLargeCandle;
bool isBearishBeltHold = currBearish && currOpen == currHigh && lowerShadow <= body * ToleranceBelt && isLargeCandle;
// === Kicker ===
bool isBullishKicker = prevBearish && currBullish && currClose > prevOpen && currOpen > (prevClose + minGap) && isLargeCandle;
bool isBearishKicker = prevBullish && currBearish && currClose < prevOpen && currOpen < (prevClose - minGap) && isLargeCandle;
  • #485
  • Nov 5, 2025 12:10pm Nov 5, 2025 12:10pm
kickers can sometimes be used, but usually a manipulation, or a big correction in coming. Dark red is a kicker, was probably news

Cyan light blue (engulfing), is bounce of middle, stop under the low. 4:1
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  • #486
  • Nov 5, 2025 12:11pm Nov 5, 2025 12:11pm
Quoting Noisy
{quote} That sounds like something out of a bad self-help book or some Buddha platitude. I understand what you mean, but that doesn't change my reality or make it any better. Surrender is not an option and I've already tried that. Should I tell my landlord that he will unfortunately no longer receive his rent because I am now surrendering? Do you think sleeping on the street would improve my situation? My debts won't simply vanish into thin air. I will be even less able to help my father if my already bad financial situation gets even worse because...
If by being extraordinarily rude and arrogant, and otherwise showing signs of not being able to have an intelligent conversation, you think I might just get sick and tired of you, that might actually work. Maybe you are in the life situation you deserve, and should be left to learn your lessons.
  • #487
  • Nov 5, 2025 1:10pm Nov 5, 2025 1:10pm
Quoting medici
{quote} If by being extraordinarily rude and arrogant, and otherwise showing signs of not being able to have an intelligent conversation, you think I might just get sick and tired of you, that might actually work. Maybe you are in the life situation you deserve, and should be left to learn your lessons.
I'm sorry, I didn't mean to be disrespectful or rude. I just don't see how this is supposed to help me in my situation, even if it's well-intentioned.

The intuition behind starting this thread was to find concrete help on how I can generate a repeatable income from trading using methods that are understandable and feasible for me.

I already know that my life isn't balanced – that's not surprising.
  • #488
  • Nov 5, 2025 1:41pm Nov 5, 2025 1:41pm
Quoting medici
{quote} If by being extraordinarily rude and arrogant, and otherwise showing signs of not being able to have an intelligent conversation, you think I might just get sick and tired of you, that might actually work. Maybe you are in the life situation you deserve, and should be left to learn your lessons.
i dont understand why u wouldnt want to be better it puzzles me why people dont want to be better really does - ive been in some harsh conditions 10x yours noisy, but suppose im "lucky" to have found ways out or "smart" or some other reason or another reason or other reason

@noisy look at this a cycle in your trading i bet, u werent feeling to well here, remember this moment i think theres something
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  • #489
  • Nov 5, 2025 1:52pm Nov 5, 2025 1:52pm
Quoting Fx-Blitz
{quote} i dont understand why u wouldnt want to be better it puzzles me why people dont want to be better really does - ive been in some harsh conditions 10x yours noisy, but suppose im "lucky" to have found ways out or "smart" or some other reason or another reason or other reason @noisy look at this a cycle in your trading i bet, u werent feeling to well here, remember this moment i think theres something {image}
Will look at this tomorrow. This account is 100% automated trading. I am not even watching it but noticed that XAU/USD is performing way better than the two other stock indices.

I guess that’s not the norm. My backtest results for Gold are horrible compared to my current forward testing results.

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  • #490
  • Nov 5, 2025 1:55pm Nov 5, 2025 1:55pm
I'm planning to do another FTMO challenge and am currently testing copying my ORB account to an FTMO MT5 Swing account.

These are the results since October 30th.

The copying seems to be working well so far. It would give me some hope of completing such a challenge and potentially gaining more capital and maybe even making a withdrawal.

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  • #491
  • Nov 5, 2025 1:59pm Nov 5, 2025 1:59pm
Quoting Noisy
{quote} Will look at this tomorrow. This account is 100% automated trading. I am not even watching it but noticed that XAU/USD is performing way better than the two other stock indices. I guess that’s not the norm. My backtests results for Golds are horrible compared to my current forward testing results. {image}
i guess your code has some emotional issues as well
  • #492
  • Nov 5, 2025 2:17pm Nov 5, 2025 2:17pm
Quoting Fx-Blitz
{quote} i guess your code has some emotional issues as well
This is not my own code, but the idea was to put the strategy into my own code if the underlying approach promises positive results, which has been the case so far.
  • #493
  • Nov 5, 2025 2:35pm Nov 5, 2025 2:35pm
Quoting Fx-Blitz
@noisy look at this a cycle in your trading i bet, u werent feeling to well here, remember this moment i think theres something
It looks like you're referring to the losing streak from October 6th and 7th. Yes, 8 losing trades in a row. When the market is stuck in a long sideways phase, that's probably normal for a breakout strategy. So what exactly is the problem with that? The strategy isn't designed for accuracy and a high win rate. Breakout strategies have a 40-50% win rate over time. I don't care how often I win as long as I reach my profit targets within the required timeframe and with a maximum drawdown. Like many others, the strategy isn't over-optimized and should therefore be reasonably robust over time (at least that’s my hope for now). Not saying things can’t be even further improved.

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  • #494
  • Nov 5, 2025 2:46pm Nov 5, 2025 2:46pm
@FX-Blitz.

But feel free to post an even better strategy with lower drawdown, lower losing streaks, higher profits and in shorter time. Maybe this would help me/others.
  • #495
  • Nov 5, 2025 2:48pm Nov 5, 2025 2:48pm
Quoting M31
You need to write a bit of code for your platform to identify engulfing candles, piercing lines, dark clouds. Bollinger band b, is Bollinger bands but without clutter, and good for divergence. All you need to do is wait on 1-hour XAUUSD, for it to return from being outside 2 std deviation and to coincide with a candle, engulfing for a buy, piercing line only if with a divergence. Sell engulfing or a dark cloud, stop loss below low / above high. Take profit 3:1 or 4:1. You can add touch & rejecting the middle (20 sma), doesn't have to be current...
Thanks mate. I’ll have a look at this. Do you only trade Gold and long-only?
  • #496
  • Edited 3:11pm Nov 5, 2025 2:49pm | Edited 3:11pm
Quoting sharingan9
CADSGD signal long. waiting for elevated m15 middle pivot
CADSGD long hits all targets. Same setup although this entry was a bit too far away from the pivot below as it is better when price actually comes closer to or hits the pivot then the elevated middle pivot but the zone was still interpreted as a bullish level target from which price would rise. Anyone else want to call out trades before or right when they take them with their systems please feel free. Dont be shy.

Alert, qualify, take the trade. Auction theory is Nobel winning work. It is too logical to fail.

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  • #497
  • Nov 5, 2025 2:55pm Nov 5, 2025 2:55pm
Quoting sharingan9
{quote} CADSGD long hits all targets. Same setup although this entry was a bit too far away from the pivot below as it is better when price actually comes closer to or hits the pivot then the elevated middle pivot but the zone was still interpreted as a bullish level target from which price would rise. Anyone else want to call out trades before or right when they take them with their systems please feel free. Dont be shy. Alert, qualify, take the trade. Auction theory is Nobel winning work. It is too logical to fail. {image}
Have you tried quantifying the „qualify“ and „take the trade“ step into repeatable executional code and backtested the whole strategy over a longer period of time for some market? What are the results?
  • #498
  • Edited 4:53pm Nov 5, 2025 3:43pm | Edited 4:53pm
Quoting Noisy
{quote} Have you tried quantifying the „qualify“ and „take the trade“ step into repeatable executional code and backtested the whole strategy over a longer period of time for some market? What are the results?
I have tried but here were the issues I ran into. The qualify and take the trade step is manual objective and very simple to execute manually because its literally the following:

Price fails to hit H1S1, price hits m15S2, m15 middle pivot moves higher than previous middle pivot that is in the same hour. Done.

However when I had my coder attempt this it kept on taking the wrong setups. For some reason it could not compute this simple qualifying process and I still dont understand why because I was initially trying to automate the entire thing but it could never get the setup right. So thats why i opted for just the first conditions to be automated then i would just do it manually.

Another issue is the nature of the system makes it difficult to backtest as you are scanning all assets in markets watch that has the setup and it can be any asset. For example this may occur in eurusd once in a week.

Also backtesting reliability is questionable. Ive seen other systems back tested over 3 years produce an 87 percent winrate but in another 2 years drops down to 68 percent. Ive seen other systems where in 3 years the backtest showed an 80 percent winrate and one or 2 months out of the 2 years would have a 60 percent rate. 80% winrate sounds good until you have to go through that 60 percent winrate month and lose 40 percent of your trades. Even if you have an 80 percent win rate and you take a hundred trades, what if the 20 losses come first??? Can you take loss after loss like that? I cant. And most normal people cant either and it is normal people that I am trying to reach.

So backtesting only snapshots a certain period and this is not reliable data that guarantees any real consistency or longevity in terms of profitability.

What does guarantee longer-term consistency and profitability is compelling logic and the research upon which the system is based. No backtest gives me confidence in taking the trade. Compelling Nobel Prize winning research and incontrovertible logic gives me the confidence. Please look through my trades ive called out and posted and give a logical explanation of why price would not go in the direction predicted. I take them during all market conditions from trends counter trends ranges whatever it doesn't matter. I reject the notion of "losses are just part of the game". The way you minimize losses is pursuing the ideal which is no losses at all. By having the mindset of "losses are just expected" you then forsake the pursuit of the ideal which leads to more losses.

Ive won 37 trades in a row with the same exact setup with 0 draw down and that doesnt give me any confidence at all. What gives me confidence is the research and the logic. Ill keep on calling out trades i take on here and keep winning with the same setup over and over again for months while the rest here just theorize and pontificate. Nothing wrong with theorizing and discussing but you gotta show us some call outs. All this grand talk and posturing from traders that say they want to help but dont bother to even show a trade setup I really just do not understand. I think they just want to flex and give themselves ego boosts or they are very skilled traders but theyre selfish and they have every right to be. Its just so unbecoming in my opinion.
  • #499
  • Nov 5, 2025 3:58pm Nov 5, 2025 3:58pm
Quoting Noisy
@FX-Blitz. But feel free to post an even better strategy with lower drawdown, lower losing streaks, higher profits and in shorter time. Maybe this would help me/others.
ok whatever u say is right

an no your not getting any hint of my strategy
  • #500
  • Nov 5, 2025 4:07pm Nov 5, 2025 4:07pm
Quoting Fx-Blitz
{quote} ok whatever u say is right an no your not getting any hint of my strategy
Fine, but then don't criticize me. I like people who put their money where their mouth is. If you have nothing to show or effective solutions to the challenges of trading to realize making a living from it, you're in the wrong place.
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