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ArtVor System

  • #1
  • First Post: Edited 6:57am Feb 18, 2010 4:27am | Edited 6:57am
Hello,

I made a simple profit sistem "ArtVor" that work great on H4 time frame.

I attached my excel fiile to show you back test of it.

The system works like this:

If the last candel is negative = go short

If the last candel is positive = go long

If yuo all ready short and the last candel is again negative leave the trade.
If yuo all ready long and the last candel is again positive leave the trade.

Sorry for my bad english ..

Please help me to inprove this system and maybe we can make a good ea for it!

My msn= [email protected] my Skype= ArtVorco
Attached File(s)
File Type: xls ArtVor.com.xls   1,017 KB | 476 downloads
  • #2
  • Feb 18, 2010 4:29am Feb 18, 2010 4:29am
Quoting ArtVor
Hello,

I made a simple profit sistem "ArtVor" that work great on H4 time frame.

I attached my excel fiile to show you back test of it.

The system works like this:

If the last candel is negative = go short

If the last candel is positive = go short

If yuo all ready short and the last candel is again negative leave the trade.
If yuo all ready long and the last candel is again positive leave the trade.

Sorry for my bad english ..

Please help me to inprove this system and maybe we can make a good ea for it!

My msn= [email protected]...

If the last candel is positive = go short.....it should be GO LONG is'nt it?
  • #3
  • Feb 18, 2010 6:57am Feb 18, 2010 6:57am
yes .. sorry for mistake..

If the last candel is positive = go short

Take a look at the excel file ..
  • #4
  • Feb 18, 2010 7:42am Feb 18, 2010 7:42am
You just pick green and red candle for trade, ...

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Forex Price Action

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  • #5
  • Feb 18, 2010 7:51am Feb 18, 2010 7:51am
Yea, it's sound bad .. but see the results...
  • #6
  • Feb 18, 2010 8:22am Feb 18, 2010 8:22am
Quoting ArtVor
yes .. sorry for mistake..

If the last candel is positive = go short

Take a look at the excel file ..

Does it mean that even if it positive or negative candle then we should go short
  • #7
  • Feb 18, 2010 8:41am Feb 18, 2010 8:41am
It's easy..

If the last candle is negative = 0
You will go short, and just wait for new candel.. if it's again negative you earn $ and leave you trade to the next candel... until it becoun positive... (then you go long)
  • #8
  • Feb 18, 2010 8:55am Feb 18, 2010 8:55am
Quoting ArtVor
It's easy..

If the last candle is negative = 0
You will go short, and just wait for new candel.. if it's again negative you earn $ and leave you trade to the next candel... until it becoun positive... (then you go long)
Should we close the trade (short trade) when we open long trade or keep it active? What should we do when the trade reverses immdiately after opening the short trade?
  • #9
  • Feb 18, 2010 9:09am Feb 18, 2010 9:09am
it much safer if you put buy/sell stop at H/L previous candle cause it will be engulfing pattern for reversal [hi for bearish candle/lo for bullish]
Don't mind me.. i'm crazy
  • #10
  • Feb 18, 2010 9:23am Feb 18, 2010 9:23am
What happens when there is a doji?
  • #11
  • Last Post: Feb 18, 2010 9:42am Feb 18, 2010 9:42am
Quoting Ronald Raygun
What happens when there is a doji?
good point RR pretty much killed by then.have to put very tight SL
that's why much safer sell stop at the Lo of up candle or buy stop at the Hi of down candle.IMHO this thing you got more chance for reversal.
more more safer put BE when it go green cause you dunno what happen with next candle[up/down]
Don't mind me.. i'm crazy
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