- #11
- Oct 20, 2007 6:19am Oct 20, 2007 6:19am
- Joined Apr 2007 | Status: RCMM (Risk Analysis Money Manager) | 2,556 Posts
try backtesting this system in very narrow ranging periods.
all systems works very good in high volatility trending periods.
what is more interesting of a system is to have consistent positive results in years. Good luck
all systems works very good in high volatility trending periods.
what is more interesting of a system is to have consistent positive results in years. Good luck
try backtesting this system in very narrow ranging periods.
all systems works very good in high volatility trending periods.
what is more interesting of a system is to have consistent positive results in years. Good luck
This works fine even in a very narrow ranging periods. If lets say you highest time frame you want to trade is H4. Then you will have to follow the slope on that chart. If the price is very ranging you will not get the same slope on H1 and H30 at the same time. This means no trade. However, its not a perfect system, and i've not seen one yet. Works good for me almost 85% winning ratio.
EMATRADER
Hi
Can you explain some more about this 85% please?
I am not asking just to be negative or something but for me it sounds like it is "to good to be true" when most good systems have less than 50% win ratio.
But that all depends on your risk/reward and a lot of other things like that of course.
It is possible to have 99% win ratio and still loose money...
Anyway it would be nice to know a bit more about your results.
Thank you very much in advance.
Friendly regards.
Arctic4x
I did not came up with this system. My friend who is trading Forex since 5 years showed me how he trades. I've been trading with this system with just over 6 months. 85% means 85 winning trades from 100. Should i show you my statement? Sorry i won't. Anyways, i'm not selling this system. Try it for your self. It is based no nothing but trend. You decied which highest time frame you want to trade (depend on for how long you want to hold your trade). Then simply follow its slope and to find the best entry use lower time frame. Most false signals will be eliminated by looking at lower time frame slope. If lower time frames are moving in opposite direction we don't enter the trade. You should have a good knowledge of money management if you don't want to loose money even if your win ratio is 99%
.Anyways try it on a demo. You have nothing to loose.
Cheers.
EMATRADER
hi,
do we have to enter when all of the TF have the same colour?so if the colour is different then we have to wait untill next day at that time again and look if they have the same colour..correct me if i wrong
thx
do we have to enter when all of the TF have the same colour?so if the colour is different then we have to wait untill next day at that time again and look if they have the same colour..correct me if i wrong
thx
Hello,
I did not came up with this system. My friend who is trading Forex since 5 years showed me how he trades. I've been trading with this system with just over 6 months. 85% means 85 winning trades from 100. Should i show you my statement? Sorry i won't. Anyways, i'm not selling this system. Try it for your self. It is based no nothing but trend. You decied which highest time frame you want to trade (depend on for how long you want to hold your trade). Then simply follow its slope and to find the best entry use lower time frame. Most false signals will be eliminated by looking at lower time frame slope. If lower time frames are moving in opposite direction we don't enter the trade. You should have a good knowledge of money management if you don't want to loose money even if your win ratio is 99%
Anyways try it on a demo. You have nothing to loose.
Cheers.
EMATRADER
