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Brijons advanced traders multi-currency strategies

  • #521
  • Jul 1, 2011 8:39am Jul 1, 2011 8:39am
Pat ,

that is some great work! thanks for sharing it.

also EURGBP is finally coming down. - 8 pips now. but sure eventually today or next week i am going to make some profit on that trade.

this week i made some nice bank on AUDUSD. had a great buy tuesday with 78+ pips. and yesterday and today i did some sell scalping on AUDUSD based on brijon his strategy hit 5 times 10+ pips.
in that time i kept 1 sell trade open on AUDUSD. this 1 i keep for the long run when AUDUSD will go down again. that 1 is now in +45 pips. i dont think i should keep it to long open because of negative interest. still intresting to see how it will go.

as always Brijon thanks for your marvelous strategy. and thanks to Paul i learn to code better

Trade4fun
  • #522
  • Jul 1, 2011 8:50am Jul 1, 2011 8:50am
i then had to remove from axle and alpari brokers
dont know what the problem is but both brokers would not alow this indicater

from brian


Quoting Pat1
This is in response to WorldFreedom for observing the interaction between to pairs.

1. Place the indi in a Minute chart any symbol.
2. Select Options
TF1 =240;
sym1buy=true; if false, will show sell values
sym2buy=true; if false, will show sell values
showsum=true; if false, will show difference
Symbol1 ="GBPJPYm"; (Blue) - for standard account "GBPJPY"
Symbol2 ="GBPUSDm";(Red) - for standard account "GBPUSD"

The example above we are buying GBPJPY, Buying GBPUSD, every 240 or 4 hours and showing the sum of the pnl . The White line is...
  • #523
  • Jul 1, 2011 8:55am Jul 1, 2011 8:55am
Was the indicater using gbpusdm ect

will re do next time

from brian
  • #524
  • Jul 1, 2011 8:58am Jul 1, 2011 8:58am
Quoting brijon
i then had to remove from axle and alpari brokers
dont know what the problem is but both brokers would not alow this indicater

from brian
Brian looks like none of the indicators I posted seem to do a good job for you.

All I can think of is
#1 Enter the Symbols correcty , which no doubt, you are doing.
and #2 My MT4 is Version 4 Buid 402.

You can check this on your system by clicking Help in the main menu and selecting About...

Hope this helps
Cheers

Pat
  • #525
  • Jul 1, 2011 9:17am Jul 1, 2011 9:17am
Works on 4xfin but both alpari and axle causes crashes
at this stage ill stick with 4finfx

later ill try ibfx

funny first time ive had indicaters crash mt4 brokers

dont know what the problem is

as soon as i remove it the brokers work
MIGHT BE BUILD 4FINFX IS VERY RECENT BUILD AND BOTH OTHERES ARE OLD BUILDS
from brian
  • #526
  • Jul 1, 2011 9:23am Jul 1, 2011 9:23am
Brian,

What is the build number for metatrader for the two brokers?

Pat



Quoting brijon
Works on 4xfin but both alpari and axle causes crashes
at this stage ill stick with 4finfx

later ill try ibfx

funny first time ive had indicaters crash mt4 brokers

dont know what the problem is

as soon as i remove it the brokers work

from brian
  • #527
  • Jul 1, 2011 9:49am Jul 1, 2011 9:49am
Builds on other 2 are very old

so that is problem also m is problem for all 4 brokers

i think that nmay be the problem in your other indicater hedge
maybe you can leave out the m sufix on the currencys

from brian

ps other problem is later i may have to update the 2 other brokers
  • #528
  • Jul 1, 2011 10:08am Jul 1, 2011 10:08am
Brian,

There are two indi that were posted.
The first one which ends in Indiv3 is for standard accounts.
The second one which ends in Indiv3m is for mini accounts.

Maybe you selected the second for your sys.

Cheers

Pat
  • #529
  • Jul 1, 2011 10:40am Jul 1, 2011 10:40am
DONT UNDERSTAND EITHER BUT MUST BE AS YOU SAY BUILD OF BROKERS PLATFORM

im lost too for reason

HE HE OLD SAYING SELL IN MAY GO ON HOLIDAY
BUY IN JULY WATCH YOUR PROFITS FLY

OLD SAYING FUNNY ITS OFTEN THE CASE

god bless fromBrian
  • #530
  • Edited 10:08pm Jul 1, 2011 9:57pm | Edited 10:08pm
I once said a return of 100% return on your investment was a fantastic return so on a account of $1000 return over 12 months is $1000
divided by 52 is about $20

the reason i mention this is setting targets goals to realistic leveks
as overtime most hugh forex investing firms last year the max return by the top one was 32% trading the forex

with all there resourses the best return over 12 months
the professionals with nn eas all the resourses as published by barclays bank in the currency magazine

the biggest reason most traders fail is greed overtrading ,
we have talked about realistic trading fixing trading targets that are realistiic , a profit can turn to a loss then profit but remember
take profit when profit is due and you meet your targets dont be greedy

here is a copy fom the currency magazine


in decending order of returns
eg number 1
may return 7.23%
ytd anuak return 32.84%
millions under management 54,8
so one can see the real truth of so called returns on investment forex trading by the professional fund forex traders over time

BarclayHedge Rankings: Top 10 currency traders managing more than $10 million
(as of May 31 ranked by May 2011 return)

Trading advisor

May
return
2011 YTD return
$ Under mgmt. (millions)

1.
24FX Management Ltd
7.23%
32.84%
54.6
2.
ACT Currency Partner AG
3.81%
6.98%
19.0
3.
Vortex FX AG (VFMA)
3.17%
-2.77%
25.7
4.
Olsen (Olsen Invest - AF)
1.57%
6.10%
50.0
5.
Metro Forex Inc
1.42%
16.40%
147.2
6.
Gedamo (FX Alpha)
1.34%
8.27%
14.1
7.
Rhicon Currency Mgmt (Strategic)
1.20%
1.76%
360.0
8.
Capricorn Currency Mgmt (FXG10 CHF)
1.00%
4.89%
14.0
9.
Anello Asset Mgmt (Isis FX)
0.92%
-1.67%
13.0
10.
CenturionFx Ltd
0.89%
-0.02%
11.2

Top 10 currency traders managing less than $10M & more than $1M

1.
Adantia (FX Aggressive)
9.51%
15.70%
1.2
2.
Sagacity (HedgeFX100)
7.47%
14.74%
1.4
3.
Iron Fortress FX Mgmt
6.70%
9.95%
2.3
4.
Valhalla Capital Group (Int'l AB)
5.58%
15.25%
1.9
5.
CenturionFx Ltd (6X)
5.34%
-1.99%
8.0
6.
Wealth Builder FX Group (Low Risk)
3.35%
10.53%
3.0
7.
Vaskas Capital Mgmt (Global FX)
3.02%
-4.62%
3.2
8.
Basu and Braun (Everest)
2.19%
11.28%
2.0
9.
Halion Capital (Conservative)
1.21%
17.61%
1.7
10.
Capricorn Currency Mgmt (FXG10 USD)
1.01%
4.44%
3.0
Based on estimates of the composite of all accounts or the fully funded subset method.
Does not reflect the performance of any single account.
PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE
  • #531
  • Jul 1, 2011 10:20pm Jul 1, 2011 10:20pm
top number 1

may 7,23%
ytd anual return 32.84%

$ under management millions 54.8

so you can see realistic returns are sometimes important to set realistic targets in trading not set yourself target expectations too high

if you are trading constantly above the best professional traders as above you are in the top 5% of traders that make money trading the forex

BY SETTING YOUR SELF ACHIEVABLE TARGETS ONE IS TRADING WITHOUT STRESS AND NOT BEING GREEDY

THEN THE CHANCES OF YOU BECOMING A TRULY PROFESSIONABLE FULL TIME TRADER OF THE FOREX IS HIGHLY POSSIBLE IN MY OPINION

THINK ABOUT IT SETTING A REALISTIC PROFIT GOAL IS IN MY OPINION THE FIRST STEP IN BECOMING SUCCESFUL

God bless from Brian
  • #532
  • Jul 1, 2011 10:39pm Jul 1, 2011 10:39pm
old saying but excell shows this month the old saying
sell in may go on a holiday
buy in july watch your profits fly

i hope ideas will come from my new excell sheet from multicurrency traders , please chech my calculations out perhaps add alarms to zero
ect improve on the sheet so one day we can convert to mt4 all your great ideas based on this whatif spread sheet

GOD BLESS

FROM Brian
Attached Image (click to enlarge)
Click to Enlarge Name: buy in july watch your profits fly.png Size: 250 KB
Attached File(s)
File Type: xls brians advanced multi.xls   2.8 MB | 375 downloads
  • #533
  • Jul 2, 2011 10:41pm Jul 2, 2011 10:41pm
remember in a prevoius video i showed sales and drawdown control , any one can print money but controlling drawdown is much harder

sales to open positions sales total value must be greater than open positions

eg if account was OPENING BALANCE $5000 CLOSED A BALANCE OF sales were $520 MEANING YOU HAD A BALANCE NOW OF $5520
AND IN ORDERS - 520 drawdown

YOUR MAXIUM DD TARGET WAS $1000 WHICH IS JUST UNDER 5% OF YOUR OPENING ACCOUNT

THEN YOU ARE WITHIN YOUR DD TARGET

TO PROPERLY CONTROL DD IS BEFORE TAKING PROFIT IS WATCH YOUR DD GO DOWN FROM CURRENT LEVEL EG -520 BY THE AMOUNT OF NEW PROFIT SALE

EG
PROFIT SALE READY $2O

WAIT TILL DD GOES TO UNDER 500

THEN TAKE PROFIT

BY DOING THIS SIMPLE TEQUNIC YOU WILL AS MY OLD VIDEO SHOWS IN BUISNESS MANAGEMENT OF STOCK SALES RATIO

KEEP YOUR DRAW DOWN AND SALES IN CONTROLL

THINK ABOUT IT THIS MAYBE THE MOST IMPORTANT SINGLE THING

YOU LEARN IN CONTROLLING DRAWDOWN

ANY ONE CAN PRINT MONEY

God bless from Brian
  • #534
  • Jul 3, 2011 1:27am Jul 3, 2011 1:27am
Quoting brijon

with all there resourses the best return over 12 months
the professionals with nn eas all the resourses as published by barclays bank in the currency magazine


Is not because of the resources , it's because they use low leverage.
Sure, with 54 mill in my account I would laugh at all the stupid regulations and still be able to make hearty sum. Even 1:1 leverage, you still make killer profits.

Those realistic returns, as you call them don't mean shit for an entry level investor that only has a couple of thousands. That's why people overtrade, it's very difficult to stay disciplined. I've been there. And for the people that live in the States it's even harder now. If these fools in congress have it their way again you might as well quit Forex and do something else. Don't worry folks, lower leverage is coming.

Either that or unregulated brokers, which right about now at this stage is not looking so bad. What else can you do?

But even with everything working against you (and believe that there are not too many things working for you - every year the list seems to get smaller and smaller -), the most imoportant thing is you should not sweat over a position. If you're biting your nails over a few pips, chances are your position size is too big.
  • #535
  • Jul 4, 2011 2:42am Jul 4, 2011 2:42am
I AGREE THE US GOVERMENT REGULATIONS AND THERE CURRENT CRAZY GOVERMENTS POLICYS ARE SET TO DESTROY AMERICANS FREE DEMOCRACY , BUT EVEN ON SHARES WITH THERE MARGINS TOP TRADERS MADE 30% ANUAL RETURN

SO ITS POSSIBLE TO MAKE GOOD RETURNS WITH SUCH CRAZY RESTRICTIONS IN MY OPINION

i understand your frustrations , its hard to remain positive when all around you the worlds finacial system is falling apart .

we can only be extremly careful in trading and i agree at this period of uncertaintity cash is king

even if the worste happens of 1 to 1 leverage one can still make good returns with small accounts

however the biggest risk now trading the forex is the effect the replacement of the Us DOLLAR FOR ANOTHER CURRENCY FOR GOLD OR A NEW CURRENCCY STANDARD

IN THESE TIMES IT PAYS TO BE EXTREMLY CAREFUL WITH THE AMOUNT OF EXPOSURE you invest TRADING THE FOREX

GOOD POINT YOU MADE

THANK YOU

FROM brian












Quoting saunga2nd3
Is not because of the resources , it's because they use low leverage.
Sure, with 54 mill in my account I would laugh at all the stupid regulations and still be able to make hearty sum. Even 1:1 leverage, you still make killer profits.

Those realistic returns, as you call them don't mean shit for an entry level investor that only has a couple of thousands. That's why people overtrade, it's very difficult to stay disciplined. I've been there. And for the people that live in the States it's even harder now. If these fools in congress have it their...
  • #536
  • Jul 4, 2011 2:47am Jul 4, 2011 2:47am
i started looking at latest dashboard with ema PAUL

GREAT JOB INTIAL TEST LOOKS VERY IMPRESSIVE

THANK YOU GUYS ILL WAIT FOR TRADE4FUN AND YOU TO CONFIRM

BUT ON AXIS TRADER LOOKS VERY VERY GOOD

SUPER JOB , DESERVES A GREAT APPLAUSE

WELL DONE

GOD BLESS FROM BRIAN
  • #537
  • Jul 4, 2011 3:58am Jul 4, 2011 3:58am
http://www.youtube.com/watch?v=sGv4ERe2tTY
  • #538
  • Jul 4, 2011 4:00am Jul 4, 2011 4:00am
HERE IS THE INDICATER
FROM Brian
Attached File(s)
File Type: zip FOR WORLD FREEDOM OVERLAY CHARTS.zip   10 KB | 429 downloads
  • #539
  • Jul 5, 2011 1:43am Jul 5, 2011 1:43am
Paul,

I just want to say thanks for adding the 8 pairs to the dash board. Now you can apply your what ifs and see how the 8 pair interact. I will leave you with one simple thought. The pairs will either converge or diverge. You can trade the algorithm at the furthest point of the divergence back to zero or from the convergence to the widest point of the divergence.

Thanks and God Bless,

World Freedom
  • #540
  • Jul 5, 2011 3:26am Jul 5, 2011 3:26am
goodmorning guys,

again Paul has done an excellent job. he input the SMA calculations that Brijan wanted into the Dashboard hedge indicator. he also added World of Freedom 8 pair into it as well. so more pips to hunt down

1 note of warning.

when you compare Brian his excell file sma numbers to the indicator. you will see that sometimes the pip difference is like 2 or 3 compared to dashboard hedge indicator.

the reason is that the dashboard hedge indicator updates faster then the excell file.

if you have any questions, suggestions or find any bugs , please let us know.

thanks everyone and as always Thank you brijon for sharing your knowledge!

Trade4fun
Attached File(s)
File Type: mq4 hedge_dashboard_v3.mq4   45 KB | 791 downloads
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