Best trading systems on forexfactory | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Top 100 best Trading Systems: post good Trading Systems here 62 replies

Which system is the best? Or which combinations of systems work the best? 46 replies

Are the best systems also the systems that fail most spectacularly? 55 replies

Recommend the reliable trading systems you tried from forexfactory 9 replies

Systems, Systems and Systems... 1 reply

Attachments: Best trading systems on forexfactory
Exit Attachments

Best trading systems on forexfactory

  • #41
  • Dec 25, 2010 7:19pm Dec 25, 2010 7:19pm
two more good methods worth looking at:

mouteki

fozzy



happy new year to everyone !
  • #42
  • Dec 25, 2010 10:10pm Dec 25, 2010 10:10pm
The system is me. Getting better all the time.

Get your own.
"If The Fool persists in his Folly he will become wise." - William Blake
  • #43
  • Dec 25, 2010 11:59pm Dec 25, 2010 11:59pm
i think,, all that's good trading system,,

just how you react to it,,?

no system is wrong, just how do you control your emotions in trading,
only an analysis, and I'm always wrong, don't follow me,
  • #44
  • Dec 26, 2010 2:32am Dec 26, 2010 2:32am
in regards to EA's
read my signature.................
dont get sold!
if i used every commercial EA i would be a brazilianare by next week!!!!
  • #45
  • Dec 26, 2010 3:57am Dec 26, 2010 3:57am
... just choose one of them! all are profitable if you can use it ... just get practice!

http://www.forexfactory.com/forumdis...c&sort=voteavg
  • #46
  • Dec 27, 2010 7:20am Dec 27, 2010 7:20am
Quoting andelumut
i think,, all that's good trading system,,

just how you react to it,,?

no system is wrong, just how do you control your emotions in trading,

not necessarily. if you choose a good mechanical system, just follow the rules, no emotions should come into play. just stick to following the rules and leave your emotions at the door. it should work, provided the mechanical system is a good one.

getting emotions involved in trading and making decisions for yourself without following the rules is disastrous, to say the least.
  • #47
  • Dec 30, 2010 5:56am Dec 30, 2010 5:56am
Quoting dogol
... just choose one of them! all are profitable if you can use it ... just get practice!

http://www.forexfactory.com/forumdis...c&sort=voteavg
i can't see your list of 5 there ! but anyway, the ones i have listed so far are very good. definately worth a read at the least.

as i continue my research, i will update this thread with the best systems around.

happy new year to all !
  • #48
  • Jan 2, 2011 10:01pm Jan 2, 2011 10:01pm
Hi Everyone-

Hope everyone had a great New Year and may 2011 be the best year of our lives!

I'm a new member here and ForexFactory seems to be an awesome site full of excellent trading resources. I've already scanned a couple hundred pages which is just the tip of the iceberg it seems. It's really overwhelming to say the least =).

I thought I would post here and hopefully get a survey of opinions on what you guys think is the best swing trading system here or shows the most promise...

SYSTEM REQUIREMENTS

* 60%+ Win Percentage
* 8-24 Hour Hold Time
* Average Trade 50-100+ pips
* Profitable All Months
* Either Automated or Non-Automated (rule based)... doesn't matter.
* Trades 8-10 times a week on average.


I would like to get ya'll opinions on what is the best system or shows the most promise.

Thanks again... and lets all look forward to having the best year of our lives!

-
  • #49
  • Jan 10, 2011 4:48am Jan 10, 2011 4:48am
Quoting smmathis
Hi Everyone-

Hope everyone had a great New Year and may 2011 be the best year of our lives!

I'm a new member here and ForexFactory seems to be an awesome site full of excellent trading resources....

there are plenty of systems on higher TF trading. have a look at sburtonhome's thread for a start.
  • #50
  • Jan 10, 2011 6:43am Jan 10, 2011 6:43am
I like the idea behind this thread. It's interesting to hear which systems people like.

But how do you tell if a system is good or bad. Or if one system is better than an another.

For example lets imagine two hypothetical systems:

System One :
is profitable over a ten year period but for five consecutive years it lost money. Lets say its over all profit was $100,000 but the max draw down was $25000.

System two:

traded for ten years and made a profit of $20,000 with a max draw down of $5000. It was profitable for five of the ten years.

How do you decide which ( if any ) of these systems is a good one ?

It seems an impossible question to me http://cdn.forexfactory.com/images/icons/icon7.gif
  • #51
  • Jan 16, 2011 9:18am Jan 16, 2011 9:18am
Quoting Paddy9
I like the idea behind this thread. It's interesting to hear which systems people like.

But how do you tell if a system is good or bad. Or if one system is better than an another.

For example lets imagine two hypothetical systems:

System One :
is profitable over a ten year period but for five consecutive years it lost money. Lets say its over all profit was $100,000 but the max draw down was $25000.

System two:

traded for ten years and made a profit of $20,000 with a max draw down of $5000. It was profitable for five of the ten years....


these are not ideal situations for a trader ! i dont think any of us would wait 10 years to make such money !

we want to be profitable at the end of each month, or ideally every week. i.e. up on our balance after all losses and profits.

a system, or systems that allows you to achieve this, is in my opinion, a successful one.


at the moment i use my own trading strategies i developed myself, doing very well with them. profiting every month. i also use some of the ideas from the trading ssystems i recommended on this thread.
  • #52
  • Jan 28, 2011 7:25am Jan 28, 2011 7:25am
  • #53
  • Jan 29, 2011 1:39pm Jan 29, 2011 1:39pm
There are no magic systems. You should see all of the systems on FF as no more than the doughy base of your trading pizza.

The mozzarella, the tomato, the toppings - that's all in your developing a familiarity with the patterns the system throws up; and then being able to take signals on a discretionary basis.

It took me a long time to let go of the lazy, naive belief that all you have to do is find the right MA or the right combination of BB and MTF and then sit back and mindlessly take signals as the cash rolls in.

There are loads of systems on FF that provide a suitable base for a profitable pizza. And none of them at all work until you commit to bringing your own ingredients of belief and persistence to the table.
  • #54
  • Feb 1, 2011 3:15am Feb 1, 2011 3:15am
Quoting Stochtrader
There are no magic systems. You should see all of the systems on FF as no more than the doughy base of your trading pizza.

The mozzarella, the tomato, the toppings - that's all in your developing a familiarity with the patterns the system throws up; and then being able to take signals on a discretionary basis.

It took me a long time to let go of the lazy, naive belief that all you have to do is find the right MA or the right combination of BB and MTF and then sit back and mindlessly take signals as the cash rolls in.

There are loads of...


some wise words here.
  • #55
  • Feb 4, 2011 3:23am Feb 4, 2011 3:23am
i think i have now concluded my research and will shortly post the best trading systems list here...
  • #56
  • Feb 17, 2011 11:18am Feb 17, 2011 11:18am
Quoting whatfx
i think i have now concluded my research and will shortly post the best trading systems list here...

Anytime soon?? I was eagerly awaiting your review.

Thanks

Forex37
  • #57
  • Feb 23, 2011 7:36am Feb 23, 2011 7:36am
Quoting forex37
anytime soon?? I was eagerly awaiting your review.

Thanks

forex37
yes forex37. Iam just finishing off testing one last system. Once done i will conclude this thread.
  • #58
  • Feb 27, 2011 8:29am Feb 27, 2011 8:29am
Quoting whatfx
yes forex37. Iam just finishing off testing one last system. Once done i will conclude this thread.
...wait .... look this:
http://www.forexfactory.com/showthread.php?t=281454
and this
http://www.forexfactory.com/showthread.php?t=230888

Money is made by sitting, not trading. Jesse L. Livermore
  • #59
  • Feb 27, 2011 2:38pm Feb 27, 2011 2:38pm
Quote
"I always say that you could publish my trading rules in the newspaper and no one would follow them. The key is consistency and discipline. Almost anyone can make up a list of rules that are 80% as good as what we taught our people. What they couldn't do is give them the confidence to stick to those rules even when things are going bad." - Richard Dennis
There's a reason for that: you never know for sure if the rules give an edge in forward testing.

Things "going bad" is a good sign that the edge has disappeared.

Ideally I'd want some "minimal sufficient statistic" (only in analogy to the technical meaning) which plays a causal role in your edge but can be estimated from empirical data with lower variance than actual P&L. Then, monitor that.

The key is not necessarily consistency and discipline, other than never fooling yourself.

One example of fooling yourself is thinking that it's like a Marine Corps boot camp in that if you really gut out the pain you will be justly rewarded.
  • #60
  • Feb 27, 2011 2:42pm Feb 27, 2011 2:42pm
Quoting Paddy9
I like the idea behind this thread. It's interesting to hear which systems people like.

But how do you tell if a system is good or bad. Or if one system is better than an another.

For example lets imagine two hypothetical systems:

System One :
is profitable over a ten year period but for five consecutive years it lost money. Lets say its over all profit was $100,000 but the max draw down was $25000.

System two:

traded for ten years and made a profit of $20,000 with a max draw down of $5000. It was profitable for five of the ten years

It...
It's not impossible at all; in fact it's elementary finance 101.

You want the one with the best Sharpe or Sortino ratio or some statistic like that.

If you were managing Other People's Money then #2 is universally preferred.

Now the actual choice of "what functions are preferred" is not an objective one; however the classic proposed quantitative measures like Sharpe ratio come much closer to tracking actual human desires (and have some optimality properties under some assumptions) than a wild guess.
0 traders viewing now