Fratelli Intraday trading system

Hi all.

This is going to be a long story.

First a little background.

I have been around in the forex world for some time now. And to be honest with you not with the biggest success. I have blown 2 live accounts up in thin air. I am now on my 3. live accounts.

For few weeks ago I decided to stop what I was doing. The way I traded.
Threw my trading period I have bought endless 97$ crystal ball system, which I could not get to work for me.
I have tried some system here on FF. but I could not really find my way to trade some off them.

So I stopped all trading and start to rethink.

What style off trader is I.?
What do you want from your trading system?

So I am an intraday trader, I want take short term trades.
And I want a trading system that on average gives me 20 pip profit everyday.
And I want a trading system that is simple to understand
And I want a system that is visually easy to look at.
And I want a system that gives signals.
And want a system I can trade from short term timeframe.
And I don’t want to look at higher timeframe for trend or anything else.
And I don’t want to use any MTF indicators. (I have tried but I always confuse myself when trying.)
And I don’t want to use any repaint indicators.


So that is what I was looking for. I have then made a system; I think can do that for me.
It has taken a lot off time and also all the back testing have taken many hours off work.
But that is no problem as long as I get there.

I trade only: EURUSD, AUDUSD, and GBPUSD


So what now.

I don’t know if there are some traders here at FF, who would like to forward test the system.

I have put up my back test and also some picture off the system.

And if some off you want help me and try trade the system, I would be happy.
If so I want traders who have Skype and headset, so we can speak about the system.
I also want you to download Mikogo so we can look at chart together until everything is clear
About the setups.

And I hope some traders would trade London session and also some traders who trade US session will join.
Some Info about the system.

I have back tested the system from 51 trading days.
I have back tested 466 signals from the system
It have never had a loosing week
It have had 5 loosing days
Threw these 51 back testing days the system generate around 75 PIP on average every day.
So I hope/think it can do the 20 pips on average everyday.

Today on the 14 November. 2011 it produces around 200 pips. I know an easy day looking back,
But anyway it gave good pips today.

But you can see all that in the attached files.

I have also a written trading plan with all rules.
I have also made a MM plan with the system.

I now trade this on my live account, and I feel its stress free because the back test show me that just take all the signals and you will get your 20 pip everyday on average.

In my profile here at FF you can sent me an email, so if someone want join, please contact me by mail

And sorry for my bad English.


Best wishes

Peter


Finally there is a lot off people I want to thanks for the help and Ideas I got from them.

Thanks to: Jason Stappleton, Todd Brown, Bill Dow, Alkis, Udine, Dredding 82, Ohammond,
Imran, Grant, Terry, Rhinoman, TUM,


UPDATE 04-12-2011
Hi all

Here is the new version 1.3 off the strategy.
Please down load the new zip file and start rebuild your setups.

There is a change in th erules again. Gleneagles tested our system on 15 mins timeframe and saw it would help us change how we put in the PO. This weekend we have tested on M10 and it seems my original way putting a po was the netter for M10. So therefore we go back and put our PO 4 pips above the close off the candle (Body) or 3 pips below for a sell order. spread is included.

We Are stil doing test and will inform you if change happen.

thanks

Peter

Hi here is some pictures from EURUSD with some setups.


regards

Peter

Hallo here is some pictures from AUDUSD

Hello

Here is some pictures from GBPUSD with setups

isn't the Trading Systems section here to post the actual strategy?

Hello Fratelli
Please share template and indicators so we may ALL test your system and give you feedback.
Regards

Ok guy, seems interesting......

So,plz. post your rules.....

Thanks!

I'm waiting too...

Hi Finalwar, Qprfc and Aztrader

I hope to find some fellow traders who will help forward test this.

Maybee there is something that need a finetune.

When that is done I will put all up here.

What do you think is it a bad way to do it like that.?

regards

Peter

Yeah it's a bad way to do it.

Post the rules for everyone to test.

If you don't I'm certain this thread will be moved to Rookie or Trading Discussions and never be seen again.

Dear Peter,

If you want some traders to make forward testing together, you should give us your template and the rules you set: When to entry, SL/TP etc... otherwise, we can only say it seems interesting (and easily to backtest, because, as you said, nothing repaints) and just speculating about trading rules.

Thanks!

Hi Peter
Post your template and indicators and rules and we will ALL help you forward test your system.
I have skype and a mokogo however i think the best way to forward test your system is with the forum as there are both newbees and pro traders that will give feedback.
Rather then 2-3 people through skype etc.
However in the future i see no reason why we could set up a trade room via skype to trade your system.
Regards

You simply need to post your system of trading here, not just the results, as this is the "Trading Systems" section.

whats is your TF?

Sorry for not put system up.

I have done it now.

Hope its ok now.

If you have some quistions please ask.

Those people who have contacted me, I will come back to you and see if we can setup something togehter.

regards

Peter

I trade it on 10 mins timeframe.

the reason for me is that I feel a 5 mins is a bit choppy.

Then a 15 mins is ok, but when using a 10 mins
I think we get in a bit earlier than on a 15 timeframe.

So when some of the 15 mins timeframe traders get a signal, we can be in allready.

I dont know if its right butI use it that way

regards

Peter

Peter
Thx for the system i will test it out and give some feedback,
Regards

you have a email from me.

Thanks for sharing, I'll forward test live (micro )

Why a different TP/SL for GBP ?

What are the rules? Just trade the arrows?

I couldn't open what looked to be the rule's document for some reason....