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Attachments: Floydian's Sick System
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Floydian's Sick System

  • #1
  • First Post: Edited Jan 12, 2011 8:06am Jan 7, 2011 6:02am | Edited Jan 12, 2011 8:06am
The new rules:

1 - Draw a line for the last candle's high and one for the low.

2 - The breaking is coming soon. If a candle break the line, start to count... one closed below the line, second close below the line, third close below the line. If one candle break the other side (in this case above the line) stop the count, and start the other side's counting. If the third candle is closed exsample below the line, open a short.

3 - Take profit is the avarage HIGH LOW difference of the last week's bars. (1H chart = 24X5 candle's HIGH LOW difference)

4 - If a candle close on the other sode of the line, start to counting. If you count the third other side closing candle, close the old position, and open a new for the opposite way. (old:short-> new: long)

5 - Take profit if the first is loser: When we have the winner last trade we sum up the losses(and spreads) and we take profit at the two times of the losses. (exsample: all loser trade: -200$, take profit: +400$)


Danger: Drawdown

Why is it good? If I had a -10% DD, after the last trade I have +10% profit on my account.

It works better and safer on bigger timeframes.

Ask me!


About the picture:

0 - Draw a line on the lowest (one candle before the "A")
1 - At "A" start to counting.
2 - At "B"'s close open a short
3 - Counting to long... (blue numbers...) (the below the red line closer candles stop the counting)
4- At "C" we rich the third above closer candle, and open a long at the C's close price
5 - At the blue take profit line we reach our profit (two times bigger than the losses were)
Attached Image (click to enlarge)
Click to Enlarge Name: sick ex.gif Size: 20 KB
Develop the old ways! Backtest with 25% quality... JOKE!
  • #2
  • Jan 7, 2011 6:53am Jan 7, 2011 6:53am
EA somebody?
Develop the old ways! Backtest with 25% quality... JOKE!
  • #3
  • Jan 9, 2011 2:48pm Jan 9, 2011 2:48pm
Hello, I try to understand your system.
1 & 2 step on the pictures but what does it mean: Avarage high low difference of the last 5 days candles in the actual time frame (1H frame: 24X5 candle). As I see it like 30 pips (maybe more)? Mechanically it difficult to count.

How could to understand that is the lose trade?

Thank you
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: Picture 2.png Size: 36 KB
  • #4
  • Jan 9, 2011 3:03pm Jan 9, 2011 3:03pm
WHAT??? Draw a line and count candles in time period and take first up, if not profitable take a down, stop loss count candles up, close above take profit down, randomly. HUH??

Quoting floydian666
The steps:

1-Choose a random candle, and draw two horizontal line to the candle's high and low.

2-One of the next candles close above the upper line or close below the lower line. After the breaking, delete the other line, because it's not important for us.

4-First position: If the breaking the line from up to down: Short...
  • #5
  • Jan 9, 2011 3:13pm Jan 9, 2011 3:13pm
Quoting Dreamliner
WHAT??? Draw a line and count candles in time period and take first up, if not profitable take a down, stop loss count candles up, close above take profit down, randomly. HUH??
Dreamliner, you are everywere )))
  • #6
  • Jan 9, 2011 3:15pm Jan 9, 2011 3:15pm
Absolutely, it's how I learn

Quoting dzhini
Dreamliner, you are everywere )))
  • #7
  • Jan 9, 2011 5:04pm Jan 9, 2011 5:04pm
Yeah it's a pretty interesting system I think... Draw a line, wait to the break, if the break is from up to down go short, if is down to up go long. Open position only if, the candle closed, only one position simultaneously. The last position will be everytime the winner.
Develop the old ways! Backtest with 25% quality... JOKE!
  • #8
  • Jan 9, 2011 5:07pm Jan 9, 2011 5:07pm
The only problem I have with your statement below is "the last position will be everytime the winner." How can you ever know ANY position will be a winner?

Quoting floydian666
Yeah it's a pretty interesting system I think... Draw a line, wait to the break, if the break is from up to down go short, if is down to up go long. Open position only if, the candle closed, only one position simultaneously. The last position will be everytime the winner.
  • #9
  • Jan 9, 2011 5:08pm Jan 9, 2011 5:08pm
Quoting dzhini
Hello, I try to understand your system.
1 & 2 step on the pictures but what does it mean: Avarage high low difference of the last 5 days candles in the actual time frame (1H frame: 24X5 candle). As I see it like 30 pips (maybe more)? Mechanically it difficult to count.

How could to understand that is the lose trade?

Thank you
No. You can use a random line, but it's much more easy to draw the lines on the last candle's high and low, because the price break one of these lines, and you can open the position. The high low difference is not important. (it's important for the take profit...)
Develop the old ways! Backtest with 25% quality... JOKE!
  • #10
  • Jan 9, 2011 5:11pm Jan 9, 2011 5:11pm
Quoting floydian666
The steps:

1-Choose a random candle, and draw two horizontal line to the candle's high and low.

2-One of the next candles close above the upper line or close below the lower line. After the breaking, delete the other line, because it's not important for us.

4-First position: If the breaking the line from up to down: Short...
What time frame do you draw lines?
  • #11
  • Jan 9, 2011 5:13pm Jan 9, 2011 5:13pm
Quoting Dreamliner
The only problem I have with your statement below is "the last position will be everytime the winner." How can you ever know ANY position will be a winner?
If the candle break from up to down the line(go short), and the price don't break it again, we know, that the way is short
Of couse we don't know how many times, but the last one is always the winner. It's good to use on 1H or bigger frames. Try it... it's very interesting.
Develop the old ways! Backtest with 25% quality... JOKE!
  • #12
  • Jan 9, 2011 5:28pm Jan 9, 2011 5:28pm
pl give live example to understand better
  • #13
  • Jan 9, 2011 5:30pm Jan 9, 2011 5:30pm
What determines a winner?

Quoting floydian666
If the candle break from up to down the line(go short), and the price don't break it again, we know, that the way is short
Of couse we don't know how many times, but the last one is always the winner. It's good to use on 1H or bigger frames. Try it... it's very interesting.
  • #14
  • Jan 9, 2011 5:39pm Jan 9, 2011 5:39pm
1-Draw a random line one day before the "A" candle.
2-"A" break the line go SHORT
3-"B" break the line go LONG and close the short
4-"C" break the line go SHORT and close long
5- -250pip
6-Close the the winner SHORT trade at "D"
7- -250+500 = +250 pip on one pair.

8-I didn't use any filter. It's dangerous.

As you can see, the last one is the winner, because it's win the all losses and more. We can use other take profit's of course... bigger, smaller...

This exsample is good to see how use the system. Of couse it's highly recomended to use the filters, and (or) the trailing stop.
Attached Image (click to enlarge)
Click to Enlarge Name: sick exs.gif Size: 18 KB
Develop the old ways! Backtest with 25% quality... JOKE!
  • #15
  • Jan 9, 2011 5:48pm Jan 9, 2011 5:48pm
Check out this picture. A, B, C, D, E, F are all losers.

Quoting floydian666
1-Draw a random line one day before the "A" candle.
2-"A" break the line go SHORT
3-"B" break the line go LONG and close the short
4-"C" break the line go SHORT and close long
5- -250pip
6-Close the the winner SHORT trade at "D"
7- -250+500 = +250 pip on one pair.

8-I didn't use any filter. It's dangerous.

As you can see, the last one is the winner, because it's win the all losses and more. We can use other take profit's of course... bigger, smaller...

This exsample is good to see how use the system. Of couse it's highly recomended...
Attached Image (click to enlarge)
Click to Enlarge Name: hook.gif Size: 20 KB
  • #16
  • Jan 9, 2011 5:50pm Jan 9, 2011 5:50pm
When did you start the first position? The 'A' didn't break the line. I don't understand the picture. Open position only, if the candle is closed! If the "B" is the first candle, it's a winner trade!
Develop the old ways! Backtest with 25% quality... JOKE!
  • #17
  • Jan 10, 2011 2:14am Jan 10, 2011 2:14am
You tell us that we can use random bar. Dreamliner decided to take bar before bar A. He takes high line of this bar. But bar A goes higher than this line a little bit and after that was gone down. After that he was walking around this line like you write in the first post. But you use Daily chart, he - 1H.

For EA: How to choose random bar (daily, hourly)? How to walk around this line, because it is easy to collect bad orders (sometimes bars just touched this line)?
  • #18
  • Jan 10, 2011 9:11am Jan 10, 2011 9:11am
Again: Open positions ONLY at CLOSING. I show you the strategy on the same chart at the same time.

Version I: The X was the first break bar:

1-open short at X's closing price
2-close the position at A because it's winner (+30 pip without spread. The 24X5 bar high low avarage difference was about 23 pip)

Version II: The B was the first break bar:

1-open long at B's closing price
2-close the position at D because it's winner (+33 pip without spread. The 24X5 bar high low avarage difference was about 23 pip)

Version III: The E was the first break bar:

1-Open short at E's closing price
2-Open long at F's closing price close the short position
3-Open more positions at the blue triangle (it's about -160 pip)
4-Close the winner short position at the RED TRIANGLE
5-Total: -160+320=+160
Attached Image(s) (click to enlarge)
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Develop the old ways! Backtest with 25% quality... JOKE!
  • #19
  • Jan 10, 2011 10:51am Jan 10, 2011 10:51am
pic 1 & 2
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  • #20
  • Jan 10, 2011 10:55am Jan 10, 2011 10:55am
pic 3 & 4
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