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Zebulon classic

  • #1
  • First Post: Edited Jan 6, 2010 7:40am Jan 5, 2010 5:29pm | Edited Jan 6, 2010 7:40am
Happy new year and happy new system !

I call it classic, because there is nothing new in this one.

But it is a very simple system easy to follow.

You will have small losses, small wins and big wins. But you won't have big losses .

All you need is :

TF= 30 min
i trade only GBP/USD
EMA 10

The rules :

1- open trades only between 7 AM 7 PM (GMT+1)
2- when a candle goes up throuh the EMA and when more than 50% of the candle's body is above, buy at the close of the candle.
The same when a candle goes down, sell.
3- Don't trade if the total size of the candle is < 20 pips or if the body size if < 10 pips.
4- if you can't trade the candle which goes through the EMA (because time is too early or the size is too small), you can trade next candles if the point 3 is respected and if the candle is not in opposite direction.
5- SL = low of the candle - 7 pips
6-at each new candle when it is possible, you move up the SL when you are long (down when you are short) at the low of the new candle - 7 pips

Enjoy it !

On the chart, dec 30, a great swing :185 pips
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  • #2
  • Jan 5, 2010 5:47pm Jan 5, 2010 5:47pm
another example :
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  • #3
  • Jan 5, 2010 7:56pm Jan 5, 2010 7:56pm
I like the simplicity. Do you have any results to post with this? How many trades in an average day. Percent wins. Percentage profits earned. Any recommendations on trade size? Have you been doing this for awhile (forward testing), or have you only back tested.

Did I say I like the simplicity?...
  • #4
  • Jan 5, 2010 8:12pm Jan 5, 2010 8:12pm
Hi Zebulon..happy new year and good luck
  • #5
  • Jan 5, 2010 8:34pm Jan 5, 2010 8:34pm
Quoting zebulon

You will have small losses, small wins and big wins. But you won't have big losses .
Are these evenly distributed?
  • #6
  • Jan 6, 2010 1:52am Jan 6, 2010 1:52am
Quoting Qman
I like the simplicity. Do you have any results to post with this? How many trades in an average day. Percent wins. Percentage profits earned. Any recommendations on trade size? Have you been doing this for awhile (forward testing), or have you only back tested.

Did I say I like the simplicity?...
No but i will post the results day by day.
  • #7
  • Jan 6, 2010 1:53am Jan 6, 2010 1:53am
Quoting Ronald Raygun
Are these evenly distributed?
Sorry for my bad english, i don't understand your question....
  • #8
  • Jan 6, 2010 2:04am Jan 6, 2010 2:04am
MA 10 make alot of noise on 30minute charts, some time will have alot of fake signal, how do u avoid all of this?
  • #9
  • Jan 6, 2010 2:20am Jan 6, 2010 2:20am
Hi Zebulon,

Sont'ils repartis egalement ou bien groupees?

Sorry my bad French

Herty
  • #10
  • Jan 6, 2010 3:11am Jan 6, 2010 3:11am
Quoting zebulon
Sorry for my bad english, i don't understand your question....
I believe he's making fun of you because of your previous thread. If that's not the case he'll reply back.
  • #11
  • Jan 6, 2010 6:29am Jan 6, 2010 6:29am
Quoting zebulon
Sorry for my bad english, i don't understand your question....
You mentioned earlier:

"You will have small losses, small wins and big wins. But you won't have big losses .http://cdn.forexfactory.com/images/s...m/big_grin.gif"

What percent of the trades are:

 

  1. Small losses?
  2. Small wins?
  3. Big wins?


Quoting saunga2nd3
I believe he's making fun of you because of your previous thread. If that's not the case he'll reply back.
I would appreciate it if you didn't speculate. How exactly is my question not serious?
  • #12
  • Jan 6, 2010 6:50am Jan 6, 2010 6:50am
I think you should make a back test, before you share the system,

how you face sideways move ?

------------

double three EW
  • #13
  • Jan 6, 2010 7:05am Jan 6, 2010 7:05am
Quoting TipTop
MA 10 make alot of noise on 30minute charts, some time will have alot of fake signal, how do u avoid all of this?
Yes , fake signal are generating losses, but small losses...
  • #14
  • Jan 6, 2010 7:16am Jan 6, 2010 7:16am
To Ronald and Errich : Backtesting is a big work if you want to do it with precision.
Only an ea can do this job exactly.
My quick backtest shows me that the method is promissing.
Sorry but i have no time and no good tools to backtest it with the precision which should be necessary.

I propose you to show the result every day.
  • #15
  • Jan 6, 2010 7:23am Jan 6, 2010 7:23am
simplicity brings me to subscribe.
  • #16
  • Jan 6, 2010 7:34am Jan 6, 2010 7:34am
Quoting zebulon
Happy new year and happy new system !

I call it classic, because there is nothing new in this one.

But it is a very simple system easy to follow.

You will have small losses, small wins and big wins. But you won't have big losses .

All you need is :

TF= 30 min
i trade only GBP/USD
EMA 10

The rules :

1- open trades only between 7 AM 7 PM (GMT+1)
2- when a candle goes up throuh the EMA and when more than 50% of the candle's body is above, buy at the close of the candle.
The same when a candle goes down, sell.
3- Don't...
Nice simple system Zebulon.

If a candle closes through the line but is less than a 20 pip candle or the body is less than 10 pips, can you enter on the close of the next candle as long as it, too, is through the line?

Thanks
  • #17
  • Jan 6, 2010 7:37am Jan 6, 2010 7:37am
2/3 months of forward testing would be very useful. Add in a years worth of backtesting and you'll get an idea if this is a profitable method or not.
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  • #18
  • Jan 6, 2010 7:40am Jan 6, 2010 7:40am
Quoting Ronald Raygun
You mentioned earlier:

"You will have small losses, small wins and big wins. But you won't have big losses .http://cdn.forexfactory.com/images/s...m/big_grin.gif"

What percent of the trades are:

 

  1. Small losses?
  2. Small wins?
  3. Big wins?




I would appreciate it if you didn't speculate. How exactly is my question not serious?

My apologies, his previous system used a little martingale to level out losses, I thought you were making a sarcastic comment. As I said, I was pretty sure you were going to reply if it wasn't the case. Sorry for jumping the gun.
  • #19
  • Jan 6, 2010 7:45am Jan 6, 2010 7:45am
Quoting finally
Nice simple system Zebulon.

If a candle closes through the line but is less than a 20 pip candle or the body is less than 10 pips, can you enter on the close of the next candle as long as it, too, is through the line?

Thanks
Sorry for the mistake i've done : if the candle is too small, you can trade the next candle if point 3 (instead of 2) is respected.

When the first candle go through the EMA but is too small, you can trade the next one even if it doesn't go through the EMA.
  • #20
  • Jan 6, 2010 7:48am Jan 6, 2010 7:48am
We had 2 trades today :

buy @ 1.6002 sell @ 1.6031 = 29 pips
sell @ 1.5981 buy @ 1.5990 = -9 pips
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