Daily or 4HR trading system (IM BACK!)

Hey people!,

Its been a while since I posted here, you might remember me from my old system Boomerang among others. Well I have been trading a system that is much more stable, is still technical, and doesn't require hours on end of screen time. I wish I could come up with a catchy title this time....but honestly does it really matter? BUT for the sake of simplicity I will call it D4HR...which stands for Daily or 4 hour trading system (since this system can be traded on either time frame depending on your goals). I plan on making a detailed explanation of this system of course with charts etc. I want to start off this thread though by asking, I need volunteers to help me analyze things so that I can fully complete the system. The things I would need analyzed are the results of different pairs (different time frames), the average stop out amount (for that pair/time frame), and other things (as I think of them lol). I will start with posting the basic rules/ setup and then I would ask for anyone that wouldnt mind following the thread with me.

Ok, my next post will include the basic setup etc. I guess give me a minute to get a good detailed post.

Oh I forgot to hype the post up....

This system makes lots of pips, and works out really well along with good MM. You don't need hours of screen time, trades are esentially easy to analyze, and a lot of noise is cut out (which prevents whiplash). This system trades with the trend, and can even survive sideways movement.

ITS EASY FREE MONEY, NO WORK INVOLVED, JUST SIT AT HOME AND BECOME A MILLIONAIRE OVERNIGHT!!!

Ok, just kidding about the all caps part...but I felt like my post was getting a little boring.

See you guys at the next post

-Nip

welcome back! we will be waiting for your new system,pls post the templates too,thanks!

I look forward to the details!

by the way you talk about your system it seems very interesting as most system here but will you prove that it is really as good as you say.I can`t say i`ll just follow and see how it goes wish you great success with the thread ;]

Teodosy

I have written up the system in a pdf document for all to view. I apologize ahead of time for any typos etc. I am sure I have probably forgotten some technicalities of the system, so please feel free to ask all the questions you want so that I can clarify. I am attaching the system document, an indicator, and the template I use. Mind you this template is set ideally for EUR/USD and can be used on H4 or D1.

I plan to continue to update the thread as I think of situations that happen (that I may have not included in the original document) along with pictures etc. I will also be able to update through questions that are asked. My original goal before going to extreme testing of the system is to make sure people have an understanding of what to do. It isnt that difficult, but then again....thats only because I trade it and know what I want it to do. A total stranger may have a different outlook.

I am a little tired, but I will post as I think of things etc.

Thanks for you guys attention.

PS the pdf file was a little large, so i compressed it in a zip file.

Talking about a quickly dying thread lol.

Either way, I forgot to mention that the 4 hour system, unless in a strong trend, will probably require a "checkup" each four hour candle. Most of the time the trade is in a trend, so you can obviously get some sleep or not have to be at your computer every 4 hours...but do know that it does require a checkup...but with the daily system it does not require one except once a day if that (usually its more like once every few days). But, the daily system averages less pips per year than the 4 hour....while the 4 hour tends to have more drawdown and more screen time. Its the give and take of each time frame. If you have the capital, and want to trade less and still make a profit, I reccomend following this system on the daily.

hi Nip, seems like nice system
chart setup with double ac/ao - could be good idea but later on - many would consider it unjustified, confusing, messy etc)
just a suggestion: while presenting system and rules would be good to show it simple - just ac/ao separate - 4 clear view
you also can centralise ao and ac (max=min)
or use macd with variable ma settings, set to ao/ac
(ao - macd 5,34,5 sma, price median) ac - osma

Hey, Thnx for your idea.

The reason I have the AC AO on top of each other is just to get a clear projection of the trend. The reason I have it a second time with AO AC, is because sometimes parts of the bar will be hidden by the other indicator...so taht way you can confirm that no matter how it is layered, you have a solid bar or not. It is not really needed at all but it is good confirmation.

I'm really astonished that there never was any follow up discussion onthis thread/system.

Forex37

why???
did you use this sys???????????

Hi,

Here is the EA for this system and the results on the last 8 years (EU H4).

Looks Interesting.....I'm In

Hi,
I like your 4 Hr. system but I cant find the LWMA indicator you talk about. If you can post that indicator or send it to me at [email protected]
Thanks topcat275

WOW! according to strategy tester (unless I read it wrongly) its a tragedy system, the graph is definitely moving downwards.

[highlight=rgba(255, 255, 255, 0)]WOW! according to strategy tester (unless I read it wrongly) its a tragedy system, the graph is definitely moving downwards.[/highlight]



Why not trade in the opposite direction, then the graph should move up, only joking..... But if it works let me know!