Puppy's Breakout system Live trade result

Hello,

As I already post my system in the trading system page, I will post my live results here.
I will post the result from Jan 2 till now and then update it every week.
Since people like to use PIP count, I will use PIP count here - although the percentage earning is more important.(All PIPs are real PIPs which include any slippage and spread) Hope you enjoyed my system.

Jan PIPs
02 Buy 1.9732 close 1.9722 -10
Sellstop 1.9610 cancelled

03 Buystop 1.9759 cancelled
Sellstop 1.9699 filled, TP 1.9619 +80

04 Sell 1.9413 stopped 1.9394 +19
Buystop 1.9539 cancelled

05 Buystop 1.9442 cancelled
Sellstop 1.9345 filled stopped 1.9307 +38

08 sellstop 1.9281 filled stopped 1.9351 -70
buystop 1.9352 filled stopped 1.9364 +12

09 Sellstop 1.9412 filled stopped 1.9386 +26
Buystop 1.9465 cancelled

10 Sellstop 1.9350 filled stopped 1.9420 -70
Buystop 1.9417 cancelled

11 Buy 1.9356, TP 1.9436 +80

12 Buystop 1.9495 filled TP 1.9575 +80
Sellstop cancelled

15 Buy 1.9637 Stopped 1.9672 +35
Sellstop 1.9585 cancelled

16 Buystop 1.9697 filled stopped 1.9627 -70
Sellstop 1.9638 filled stopped 1.9633 +5

17 Buystop 1.9661 filled stopped 1.9684 +23
Sellstop 1.9602 cancelled

18 Buy 1.9764 stopped 1.9694 -70
Sellstop 1.9707 filled stopped 1.9678 +29

19 Buystop 1.9774 filled stopped 1.9704 -70
Sellstop 1.9735 filled -------------------------

Total pips so far +67

I will update it next week~~enjoy your weekend

Looking good, I'll be following this Thread

Thank you for your interest and support, kwackers. You can find the entire system by clicking my sig.

In case that I can't find this thread myself, I am doing a update now~~

Jan 19 (look at above)
Sellstop filled closed at 1.9742 -7

22
Sellstop 1.9733 filled and stopped 1.9803 -70
Buystop 1.9765 filled and TP 1.9845 +80

23
Buystop 1.9837 filled----------current trade
(Updated: Stopped at 1.9874 +37)

24
Sell 1.9721 stopped 1.9689 +32
Buystop 1.9837 cancelled

25
Buy 1.9719 stopped 1.9648 -70
Sellstop 1.9645 filled stopped 1.9614 +31

26
Buystop 1.9690 (likely cancelled soon)

Jan result so far +100PIP

29 Sellstop 1.9561 filled stopped at 1.9631 -70
Buystop 1.9609 filled TP at 1.9689 +80

30 Buystop 1.9691 cancelled
Sellstop 1.9610 filled TP at 1.9530 +80

31 Buystop 1.9644 filled TP at 1.9724 +80
(double order of buystop by the computer for unknown reason but I won't count it in)

Jan result +270PIPS

Sorry I have been lazy to update the trades. I have just done the transmission from MT3 to MT4 and I am going to test it demo on the different broker that I am currently using. Thanks to Willy on the FF to provide a place for publish results. You can now check the MT4 result on NF at http://www.mt-statement.info/Puppy

I will be using it for the 2007 metaquote contest so I will not release it to anyone. Regarding to the "risk" per trade, I calculated using my 2006 trade result, to win the 2006 contest with my system, I have to increase the risk all the way up to 11%. However I think everyone will improve their system during the time in 2007, so I am going to risk 14% on this demo account and see how it goes.

If you are interested in my system, check my sig for the system.
Hope everyone a happy trading.

cool strategy.
what should we do if we find a false signal/ fake? anyway if we get -/+ , we must close that order? is that right?

thanks

hello manusiatengik,

Thank you for your interest~~

To answer your question, I don't care about false signal or fake, that's part of the game and I will accept the loss - the system is only winning 66% of the time and the "average" winning rate(win pips/loss pips) is only 0.84 even though the setting of the take profit is higher than the stoploss.

TO your 2nd question, err....what's the question again?? I think you want to ask if you get both buy and sell orders triggered, what should we do with the order? The answer is easy - There are only 3 ways the order can be closed - 1. Stoploss(include trailing stop) 2. Takeprofit 3. When the order is order than 23 hours (well in my MT4, I actually set it for 84000 seconds but it doesn't really matter for the extra 20 mins). Because I won't release my EA, I can suggest you to set the order at the correct time and then just put a trailing stop script on MT4 so you can then totally ignore the whole thing.

And for your information, although I set the demo to risk 14%, please don't do it in real life - I only trade with 4% risk at the moment on live account. High risk may not necessary mean high return - it may actually increase the rate of blowing out account.

Have a happy trading

My IBFX live trade result is actually worse than the demo result because of widening of spread up to 13PIPs and also disruption of their live servers~~
Anyway, that's part of the game. I am still happy about the result so far~~