Dislikedhi guys
i think there is a big difference between zebulon' and c-speed' results
from 1-12-2009 to 17-12-2209
zebulon got 1000 pips and c-speed just got 400 pips
is there any mistake????Ignored
The alternative method (50 pip candles)
- #204
- Dec 26, 2009 9:42am Dec 26, 2009 9:42am
was above result from 2008 to 2009? if you test it from 2000 to 2007, result is totally different.
Lubo.
If I know how, I tell You!! Few but Good!!
No problemI know, it gets confusing hehe Try writing the code for it!
No posts for awhile? Last I read is list of "betting systems" to chose from?
If coded, do you envision changeable set files for different candle lengths, like
25, 50, 75, 100 etc.?
Why would the EA not be flexible and applicable for both Zebulon's 50 Candle method and this Alternative Trading Method, just different set files, all in one EA ?
Thanks,
Atlas1
Hello guys
At last i found a thread with a system that its main idea was haunting me some time now.
Because i was tired of classical approaches to the markets,with easy gains at trending markets and losses at sideways, ending with no essential gains, i started trading pure priced strategy.
My version of Zebulon's system:
1) Trade Eur/Jpy ONLY. Huge moves and low spread.
2)Place entry orders at xx40 and xx90 levels. That way sometimes we get away from losses because 50s/00s are psych-levels.
3) It doesnt matter the sequence. If we would start right now,and the price was at 124.65, we should put a buy entry at 124.90 and sell entry at 124.40. Stops at the SAME levels (so 50 pips win/loss every time) This way every time a trade closes another opens.
4) Martingale ONLY after three consecutive losses by doubling lots. If it wins we resume original lot size. If it losses for the fourth time(rare) the fifth position will have the same doubled position NOT quadraple like traditionally should. I prefer this conservative way. I dont think there will ever be a fifth loss(not in some backtesting i did). Its Eur/Jpy not Eur/Usd with its filthy sideways periods. If we lose again then its up to everyones risk appetite, but you cant keep this cross pair in a 100 pip range for long believe me.
5) The edge? Check the charts. A few times a month Eur/Jpy makes explosive moves. 200-400 pips in a couple of hours without looking back. What does that mean? If we are ready,with placed orders 4-5 levels below/above current price we win 2-5 trades within a few hours.
6) Every time we lose we place immediately an entry order at the previews level. Example: Price goes down and triggers sell order at 124.40. After a while it rises at 124.90 and hits our stop loss(and ofcourse it also opens our buy order) immediately we place a sell order at 124.40 again.
Some backtesting for a few months give around 60% win rate BUT with our conservative version of martingale it goes higher, because the fourth martingaled trade erases one loss.
Thats it guys. After so much time in forex, i can say that indicators are the devil. No indicator survives a sideways market, but price-range trading defies everything, even randomness.And the edge pseudo-trends within this chaos. And Eur/Jpy is the best of them.
Please if you have suggestions post them.
Xander
PS: Its better 60% win rate and compounding every month, that 80% win rate through martingale
At last i found a thread with a system that its main idea was haunting me some time now.
Because i was tired of classical approaches to the markets,with easy gains at trending markets and losses at sideways, ending with no essential gains, i started trading pure priced strategy.
My version of Zebulon's system:
1) Trade Eur/Jpy ONLY. Huge moves and low spread.
2)Place entry orders at xx40 and xx90 levels. That way sometimes we get away from losses because 50s/00s are psych-levels.
3) It doesnt matter the sequence. If we would start right now,and the price was at 124.65, we should put a buy entry at 124.90 and sell entry at 124.40. Stops at the SAME levels (so 50 pips win/loss every time) This way every time a trade closes another opens.
4) Martingale ONLY after three consecutive losses by doubling lots. If it wins we resume original lot size. If it losses for the fourth time(rare) the fifth position will have the same doubled position NOT quadraple like traditionally should. I prefer this conservative way. I dont think there will ever be a fifth loss(not in some backtesting i did). Its Eur/Jpy not Eur/Usd with its filthy sideways periods. If we lose again then its up to everyones risk appetite, but you cant keep this cross pair in a 100 pip range for long believe me.
5) The edge? Check the charts. A few times a month Eur/Jpy makes explosive moves. 200-400 pips in a couple of hours without looking back. What does that mean? If we are ready,with placed orders 4-5 levels below/above current price we win 2-5 trades within a few hours.
6) Every time we lose we place immediately an entry order at the previews level. Example: Price goes down and triggers sell order at 124.40. After a while it rises at 124.90 and hits our stop loss(and ofcourse it also opens our buy order) immediately we place a sell order at 124.40 again.
Some backtesting for a few months give around 60% win rate BUT with our conservative version of martingale it goes higher, because the fourth martingaled trade erases one loss.
Thats it guys. After so much time in forex, i can say that indicators are the devil. No indicator survives a sideways market, but price-range trading defies everything, even randomness.And the edge pseudo-trends within this chaos. And Eur/Jpy is the best of them.
Please if you have suggestions post them.
Xander
PS: Its better 60% win rate and compounding every month, that 80% win rate through martingale