trendchaser psar

also this is not meant to be run 100% automated

but this is what iv been using to manually trade

after i make 1 good trade, atleast 80 pips, i call it a day

Thank Trendchaser,
Could you show some chart picture for explain more with your system please.
Cheer.
Cha.

ok i will do that, gimme a little bit

the chart below displays my setup

i have all scripts, experts
in my favorites

in seconds i can left click n drag them to the chart

now that i have a trade il watch it and do whats necesary

every 15 minutes i updat my sl with t3

youl notice in the previose chart, my sl is right on t3

youl also see i have a psar open only
i dont have use for it so i didnt post it

this is realy all u gotta do, once u have a trade, just manage the stops

il probly just move sl to t3 every 15 minutes since im using a 15 minute chart

win or lose i stick to these rules
unless i touch a weekly or monthly fib line, then i close the trade and im done for the day

iv been winning most trades, the ones i lose are no more than 20-30 pips

the winners are much more

this trade im posting can easily lose, but thats ok, thats how it goes

i know a big winner is coming up

that trade just lost

now il wait hrs, if i dont see a A trade

im done for the day

i will not force a reentry unless im very sure

to force a reentry, drag instant entry to the chart

in the mean time, i still have trendchaser psar on the chart

i might get another trade before i sleep

but when im ready to sleep, i turn off all ea's

one easy way is just drag psar close to the chart

psar close will not open any trades
all logics for opening trades are deleted from this ea

but it will trail with psar, any open trades

and close them

next trade il post it here to show how i manage it

i found a bug with the alert, i wasnt alerted on previose trade

il have to re upload 2 ea's

What is profit factor with Forward testing??? Me, like many people who likes to see profit factors as soon as I see a new strategy or system
Thanks

Do you use the data window to get the precise T3 setting of the previous bar?

My first demo trade using your system is currently +32

managing the exits is the heart of the system

so wel all have a diferent profit factor

it depends when u tp

one may win while another loses

if you truly undrstood the system
you wouldnt ask this
i advise you to re-read the system

il repeat this again THIS IS NOT A 100% AUTOMATED SYSTEM

the art of the system is in the exits


i might use s/r for a exit, maybe a fib, maybe t3?

how can i give a factor when my brain is half the system

also the time of day, i start looking at charts a few hrs before london, n i sleep when im done

what time do u trade

its impossible for us both to have the same results


my personal profit factor would blow ur mind
too many ppl say its impossible

me personaly, i shoot for 20%+ a week

on a good week i can make 200%

it all depends on what the pair offers, and if u follow the rules
and if you trade the right time of day

me making 200% while u losing 100% is very posible

my goal is just a few %
but i take whatever the pair offers while im here

i lost tonight orion
and it dont look like il get another trade any time soon

im glad urs is in profit

i use the current bar on t3
if ur going short, dont 4get to add the spread

the exits are what seperates winners from losers
if using the past bar works for you then stick to it

just because i use the current bar dont mean its best, this system is in experimental stages

i apreciate any input or improvements that any1 has to offer

im trying to make a half human half bot system