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Looser Trading System (Version 0.01-1/3)

  • #121
  • Aug 11, 2010 4:11pm Aug 11, 2010 4:11pm
Quoting charvo
check the 1st and 2nd post on that thread.

http://www.forexfactory.com/showthread.php?t=193727
38th EA will do it? set profit at 2-3%?
  • #122
  • Aug 11, 2010 4:14pm Aug 11, 2010 4:14pm
Trading Systems & Theories I am currently working on:

01. Technical Analysis of equity curve (You got a nice Profit, suddenly you got loss - because you were at the neck line of your head & shoulder pattern of your equity curve)
02. When I buy it goes down, when I sell it goes up.
03. Predicting Market with subconscious mind.
04. How to train mind to predict the market (Strange Mind Exercises)
05. How natural Random systems can predict the market.
06. Reverse Engineering Trading System (1 trader bought and 1 trader sold at the same time, at same price - both were in LOSS)
07. Market Prediction with OUIJA BOARD (Google this)
08. Market Prediction in the state of LUCID DREAMING

Watch me Live on CNN at 21 December 2012.
The HolyGrail is within your BRAIN ... Activate that Indicator !!!
  • #123
  • Aug 11, 2010 4:26pm Aug 11, 2010 4:26pm
Quoting Looser
[size=3][color=Navy]Trading Systems & Theories I am currently working on:

01. Technical Analysis of equity curve (You got a nice Profit, suddenly you got loss - because you were at the neck line of your head & shoulder pattern of your equity curve)
02. When I buy it goes down, when I sell it goes up.
03. Predicting Market with subconscious mind.
04. How to train mind to predict the market (Strange Mind Exercises)
05. How natural Random systems can predict the market.
06. Reverse Engineering Trading System (1 trader bought and 1 trader sold at the...
Probably you have something like books on these themes. Can you share it for us, please?
  • #124
  • Aug 11, 2010 4:38pm Aug 11, 2010 4:38pm
I am marking that day in my 5year calendar!
  • #125
  • Aug 11, 2010 4:41pm Aug 11, 2010 4:41pm
Hi Looser,

Wellcome. I´m very happy you come back . Yesterday and today busy but tomorrow I´ll try again (always live, small account of course.....)
  • #126
  • Aug 11, 2010 7:23pm Aug 11, 2010 7:23pm
Thank you looser for your wonderful system..

for my first trade 530 pips !!! =-->620 pip win and 90 pip loss (wiith 0,1 the pip..) in 20 hours trading

ps: sorry for my bad english i am french
  • #127
  • Aug 11, 2010 7:32pm Aug 11, 2010 7:32pm
Awaesome simple system. Thank you looser
  • #128
  • Aug 11, 2010 10:14pm Aug 11, 2010 10:14pm
While reading this thread, I have got an idea.

For simplicity I am considering only one Pair.

Lets assume I buy and Sell one currency pair Ex. GU at the same time with a Stoploss of 30 Pips.

So, as long as SL is not triggered, I will be with a loss of just the spread (Ask-Bid). Once the SL is triggered for one of the trade (either buy or sell), I leave the other one to continue for another 5-10 pips...

The probability of having a trend continues (it has already moved 30 pips to trigger the SL on one trade) is slightly more and so the chances of getting those 5-10 pips a trade...

Any Comments?

Thanks,
Prakash
  • #129
  • Aug 11, 2010 10:52pm Aug 11, 2010 10:52pm
Quoting Sutranilam
I really like this trading system. Thanx to the creater. But the only issue is how do we minimize the losses so we can make higher profit. I noticed at least 3 pair will hit stop loss. So it cost us 90 pips already. We should make more than 90 pips to generate profits
Easily attainable. eg, i use only 4h + so catching a trend results in many many more pips that 90
  • #130
  • Aug 11, 2010 10:58pm Aug 11, 2010 10:58pm
Quoting Bobcat2
For what it's worth...I vote to bring Looser back. This thread is both educational and entertaining (I didn't say profitable).

Good Trading Guys and Gals!
Agree...let looser back here. Gotta love that guys sense of humour -
  • #131
  • Aug 11, 2010 10:59pm Aug 11, 2010 10:59pm
another possibility when average daily range of each pair is reached...
  • #132
  • Aug 12, 2010 12:24am Aug 12, 2010 12:24am
Quoting charvo
Hope this is helpful:

a script to open 6 market orders + 6 pending stop orders.

if 4-digit broker, adjust slippage and stoploss by "dividing by 10".

if U.S. broker, it may not allow you to place 6 pending stop orders (since hedge is not allowed).

Charvo

can you please modify it to then only place the 6 entry orders with stops, this will save me 3 min a day

You know what I could do with that!!!
  • #133
  • Aug 12, 2010 12:27am Aug 12, 2010 12:27am
Looser


Quoting Looser

I AM BACK


Hello Traders !!! I was missing you all so much !!!

Well thanks to all who supported me !!!

Thanks to Site Manager !!!

Traders, I started the account 1000 USD with 0.1 lot from AUG 05 to AUG 11.

Here is the picture that laughs louder than words !!!
  • #134
  • Aug 12, 2010 1:21am Aug 12, 2010 1:21am
I was also looking into this.
Enter the trade only and when the adr is below 50% and exit when it has reached at least 90%.
Today entering at 9 am GMT


Quoting mistersimple
another possibility when average daily range of each pair is reached...
  • #135
  • Aug 12, 2010 2:00am Aug 12, 2010 2:00am
anyone looking for an exit (if i may place the link) strategy for Looser's system should definitely consider this...

http://www.forexfactory.com/showthread.php?t=89371

I must indeed credit Steve Hopwood for this magical little tool that is freely available and has quite a comprehensive thread/s dedicated to it & its use.

i use it often with trades to..."babysit" them.
  • #136
  • Aug 12, 2010 2:14am Aug 12, 2010 2:14am
Good Morning all,

Just entered my 6 long trades, with SL and reverse orders....let´s see what happens......
  • #137
  • Aug 12, 2010 2:24am Aug 12, 2010 2:24am
GOOD to see you COME BACK sir Looser.....
Just no cent question.....
how can i get indicator Averages Daily Range (ADR not ATR...ATR,i have too in my MT4) to use with sir Looser system??
anybody member here have a indicator???
Thanks for help
  • #138
  • Edited 7:08am Aug 12, 2010 2:41am | Edited 7:08am
Quoting ennz
anybody member here have a indicator???
Thanks for help

Here is one.

I have stitched together an EA for this system from few EAs available here. I am not proficient in programming and I hope someone like charvo will improve upon it. All parameters are basic and self explanatory. There is a provision for profit in $$ at which all trades close. Any further enhancement needs expert programmers. Seems to work.

Thank you Looser.
Attached File(s)
File Type: mq4 Daily Range Calculator.mq4   15 KB | 446 downloads
File Type: mq4 The Looser Grail.mq4   7 KB | 495 downloads
"Put all your efforts in becoming effortless"
  • #139
  • Aug 12, 2010 2:47am Aug 12, 2010 2:47am
Quoting IamTHAT
Here is one.


Thank's man........
  • #140
  • Aug 12, 2010 3:23am Aug 12, 2010 3:23am
Original System - LONG - Date 12/08/2010 Part 3
Part 3, see also post #83, #92
Entry 15 minutes before opening London session
Buy order 6 pairs with SL 30pips
Sell Stop 6 pairs, SL 30 pips

Closed all open orders before ECB news
Closed all pending orders

eTrader,
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