Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

Attachments: Invictus
Exit Attachments

Invictus

Quoting kolesar007
You not have mid pivot. I also look at last yellow semaphore there.
yes nice to see a nice big yellow semafor, but that was not there until a little after it broke hindsight so easy to see ways for not taking a loser
Quoting joancb
Three losses

-18%

Attachment 833872
Attachment 833873

Clear case of different brokers, different 4H bar times.

Udine
Sleep less, live fast, as it aint gonna last
I'll try another broker
everyday there's something to learn

thanks Udine
Quoting deankenny21
yes nice to see a nice big yellow semafor, but that was not there until a little after it broke hindsight so easy to see ways for not taking a loser
not current but that on the left and if you look bigger you see weekly R2 there
Quoting kolesar007
not current but that on the left and if you look bigger you see weekly R2 there
again thats all good

but if we look at it this way, then it might as wel be a discretionary system with naked charts and just semafors.
USDCAD pending buy at 1.02620
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 30 KB
Quoting Udine
A lot of times there is no follow through, therefore i stick to my 10 pips

Udine
Sure....lots of times it runs for a lot more than 10 pips as well

The system will only give 1-3 setups during LDN and NY because it has a 240M entry trigger. Even dropping the hit rate to 75/80 % and targeting 20-30 pips/trade will make it a profitable strategy.
In the end every trader must trade within his/her comfort zone , it is your money and your risk (and your finger on the trigger)
" Never let the past hold the future to ransom "
Quoting luipie
USDCAD pending buy at 1.02620
this would be my 3rd attempt at a buy on this bloody usdcad today, but stopping with this pair for now
Quoting joancb
I'll try another broker
everyday there's something to learn

thanks Udine
There is no point to trying a different broker, next time you could get the signal earlier. I would say though, first trade on EU pivot was too close, GU first trade was right on the pivot and red news which is on your chart, second trade didn't break the low of the signal candle.
Quoting kolesar007
Fridica, different broker diferent feed .
Yeah, yeah... I just open demo with Interbank - same feed as Udine's. Will see. Signal from demo, trade with my broker.
Now, I have signal on GU on both platforms. I'm going to trade this one when canle close.

Frida
Quoting luipie
USDCAD pending buy at 1.02620
Invalidated set up, no trade
GU long, 1.5766..
GU long here

closed above main pivot, next pivot is miles away
hopefully can claw something back here
Quoting artx
GU long, 1.5766..
I also
Quoting artx
GU long, 1.5766..

This will be my first trade on this....
Quoting Gleneagles
Sure....lots of times it runs for a lot more than 10 pips as well

The system will only give 1-3 setups during LDN and NY because it has a 240M entry trigger. Even dropping the hit rate to 75/80 % and targeting 20-30 pips/trade will make it a profitable strategy.
In the end every trader must trade within his/her comfort zone , it is your money and your risk (and your finger on the trigger)

Correct.

Udine
Sleep less, live fast, as it aint gonna last
Quoting deankenny21
again thats all good

but if we look at it this way, then it might as wel be a discretionary system with naked charts and just semafors.
Thats why robot EAs has loss..because not se bigger picture. System gives you signal and then you must decide if you take it or not. At the end its your monay.
Every system has looser and thats the point where you use your own experiences. Even from another systems.

If you want to succeed in trading you must see bigger picture.
Pivots:

Use GMT time (0)

DPP and S1/R1 are the ones I pay attention to.
Look at EU chart of today as an example

Brokers:

1) Find one for trading (or charting) that open/close the 240M candle @ 08H00 GMT ( LDN open) Trading activities pick up then and you don`t want to trade a 240M strategy with a set of charts that are busy rolling over at that time.

2) Run a second MT4 platform with different broker time for 240M candle open/close and compare signals

3) Split your trades in half and trade first and/or second signals


Thanks for the opportunity of trading with you, the strategy is definitely profitable but the RR ratio is a potential drawback.
For inexperienced traders the experience of seeing a lot of small wins being wiped out by only a few full stop-outs (20 pips) , will be a demoralizing experience.

I would use the signals( non-repainting now it seems) to do visual backtest and look at individual trades and get a handle on drawdown as well as potential gain per trade to build my own MM model. Use a simple spreadsheet for that.

Good luck with your trading and lots of green pips to you
" Never let the past hold the future to ransom "
Quoting ohammond
There is no point to trying a different broker, next time you could get the signal earlier. I would say though, first trade on EU pivot was too close, GU first trade was right on the pivot and red news which is on your chart, second trade didn't break the low of the signal candle.
You're right, I get the same signals in two different brokers, still learning the system
Quoting Gleneagles
Pivots:

Use GMT time (0)

DPP and S1/R1 are the ones I pay attention to.
Look at EU chart of today as an example

Brokers:

1) Find one for trading (or charting) that open/close the 240M candle @ 08H00 GMT ( LDN open) Trading activities pick up then and you don`t want to trade a 240M strategy with a set of charts that are busy rolling over at that time.

2) Run a second MT4 platform with different broker time for 240M candle open/close and compare signals

3) Split your trades in half and trade first and/or second signals


Thanks for the...

Gleneagles,

wise words as ever !!

Udine
Sleep less, live fast, as it aint gonna last
0 traders viewing now