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System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

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Invictus

  • #3,921
  • Feb 17, 2012 1:01am Feb 17, 2012 1:01am
Quoting Charles1
Strangely I only took trades on the aussie so far this week. The result: +32.



udine
Sleep less, live fast, as it aint gonna last
  • #3,922
  • Feb 17, 2012 1:02am Feb 17, 2012 1:02am
Quoting maxryan9999
Yeah , i fix hour ok
@Udine : Here my chart . what i need to change ?

Max
Add also the 60 fifo.

Udine
Sleep less, live fast, as it aint gonna last
  • #3,923
  • Feb 17, 2012 1:09am Feb 17, 2012 1:09am
Quoting Indrek
When I suggest something then it comes from me personally and is based on my own experience.
Nobody should copy exactly what other traders do. You take ideas and elements from a system and then try to adjust them with your own understanding and style.
I am sure Udine never thought that all people in this thread have to do everything exactly as he is doing.

Learning through the same mistakes "that we all did" is very painful. Normally, no trader with no system should stay on demo for more than 3 months. So, I think better to tell people at...

Indrek,

great observations.

"Nobody should copy exactly what other traders do. You take ideas and elements from a system and then try to adjust them with your own understanding and style.
I am sure Udine never thought that all people in this thread have to do everything exactly as he is doing."

completely agree. I have mentioned several times in the thread, you need to doubt everything that is written in this and every thread for that matter. Analyze everything for yourself and see if it fits your personality. If you feel the need to change anything, please be my guest... it needs to fit YOUR personality.... its YOUR MONEY !!

"Learning through the same mistakes "that we all did" is very painful. Normally, no trader with no system should stay on demo for more than 3 months. So, I think better to tell people at once if they do something wrong instead of letting them be lost for long time."

The best discription of system analysis came from our mutual friend: Gleneagles:

1) Is it easy to trade in terms of complex analysis and technical indicators?
2) Is the system consistent for an average 200 pips/month (one pair: = 50 pips/week = 10 pips/day) ?
3) Can I fit it into my risk profile?
4) Are there periods of uncomfortable draw downs?
5) Long term, intraday or scalping?
The question that I had to prove to myself was: can I trade +200 pips a month using this system..or 50 pips a week? Not across multiple pairs..one pair.(= 10 pips per pair per day!!!)

So what did I do:

TEST: Time: 3 months or until I can double my account twice / Currencies: 2 / Target: 10 pips / pair / day

WHY:
Check if the system works
After 10 trades you know if the system works
why 3 months: to gain confidence in the system and in myself, and get the discipline, focus and patience.
Limited time in the market (FIFO: Fast IN Fast Out)
Conservative approach
Test 3 months; SL = 200; TP = 100
eg. 2 currencies = 5% /day *20 days = > 100 % account increase / month (COMPOUNDING)

IF IT WORKS….NOW WHAT?
Trade the heck out of it !!!

"Ignoring 15 HAS is not a good idea, that is what I am absolutely sure about.
And last not least:as much as I understand, Udine is using "OHLC candles" that is nothing more than current timeframe Invictus_HAS!"

Correct: OHLC candles = HAS 15.

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #3,924
  • Feb 17, 2012 2:12am Feb 17, 2012 2:12am
Quoting Udine

eg. 2 currencies = 5% /day *20 days = > 100 % account increase / month
I am sorry to tell you but your math is not quite correct. If you grow your account by 5% every day then for 20 days it will be 265,3% not 100%. The trick is that the base from which you calculate the 5%, becomes bigger every day
  • #3,925
  • Feb 17, 2012 2:43am Feb 17, 2012 2:43am
Quoting Indrek
I am sorry to tell you but your math is not quite correct. If you grow your account by 5% every day then for 20 days it will be 265,3% not 100%. The trick is that the base from which you calculate the 5%, becomes bigger every day
Udine wrote "greater than 100%..." and not " equal 100%"
  • #3,926
  • Feb 17, 2012 2:49am Feb 17, 2012 2:49am
Quoting Indrek
I am sorry to tell you but your math is not quite correct. If you grow your account by 5% every day then for 20 days it will be 265,3% not 100%. The trick is that the base from which you calculate the 5%, becomes bigger every day

Indrek,,

Dynel made a correct observation and my account is confirming that you are right... the growth is exponential )

Udine
Sleep less, live fast, as it aint gonna last
  • #3,927
  • Feb 17, 2012 2:54am Feb 17, 2012 2:54am
Quoting Udine
Dynel made a correct observation and my account is confirming that you are right... the growth is exponential )
  • #3,928
  • Feb 17, 2012 4:21am Feb 17, 2012 4:21am
Quoting Udine
Add also the 60 fifo.

Udine
Can you share me link ?
or did you mean "draw fibo in highest and lowest (day)" (as below picture)
Attached Image (click to enlarge)
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  • #3,929
  • Feb 17, 2012 4:30am Feb 17, 2012 4:30am
Quoting maxryan9999
Can you share me link ?
or did you mean "draw fibo in highest and lowest (day)" (as below picture)

Maxryan,

you have now the fifo alert 240 in the bottom window, you are missing the fifo alert 60

go to the paperclip in the top right corner and search for the indy

Udine
Sleep less, live fast, as it aint gonna last
  • #3,930
  • Feb 17, 2012 4:59am Feb 17, 2012 4:59am
Quoting Udine
Maxryan,

you have now the fifo alert 240 in the bottom window, you are missing the fifo alert 60

go to the paperclip in the top right corner and search for the indy

Udine
10pips TP. 15pips SL. 5pips trail.
Trade Frankfurt open until London close
Using FIFO alert indicator, wait for the arrow and candle close
Wait for price to break the candle high/low to enter. ( How many pip from "price candle close" to call "break" ? )

Am i right?


@eric : thank about indicator in here http://www.forexfactory.com/showthre...29#post5387829

Green day
Max
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  • #3,931
  • Feb 17, 2012 5:40am Feb 17, 2012 5:40am
Quoting maxryan9999
10pips TP. 15pips SL. 5pips trail.
Trade Frankfurt open until London close
Using FIFO alert indicator, wait for the arrow and candle close
Wait for price to break the candle high/low to enter. ( How many pip from "price candle close" to call "break" ? )

Am i right?


@eric : thank about indicator in here http://www.forexfactory.com/showthre...29#post5387829

Green day
Max
Hi Max,

looks like you have been reading the thread

Udine
Sleep less, live fast, as it aint gonna last
  • #3,932
  • Feb 17, 2012 5:52am Feb 17, 2012 5:52am
Quoting Udine
Hi Max,

looks like you have been reading the thread

Udine
Of course . I have read briefly
I don't want disturb master too many ^^! But what i say above is true ? i'm afraid and lack of something .

@anyone : How to use 2 EA with a time (Trailing of INVICTUS and hidden SL,TP)
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  • #3,933
  • Feb 17, 2012 5:59am Feb 17, 2012 5:59am
Quoting maxryan9999
Of course . I have read briefly
I don't want disturb master too many ^^! But what i say above is true ? i'm afraid and lack of something .

@anyone : How to use 2 EA with a time (Trailing of INVICTUS and hidden SL,TP)

Max,

read the thread,its all in there. it takes time, but I am not here for answering the same questions over and over.


Udine
Sleep less, live fast, as it aint gonna last
  • #3,934
  • Feb 17, 2012 6:19am Feb 17, 2012 6:19am
Quoting Udine
Max,

read the thread,its all in there. it takes time, but I am not here for answering the same questions over and over.


Udine
Udine
Can you limit page from page to page does not ? Please


Test a oder buy (valid or not ?)
Update : +0.9 pip
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  • #3,935
  • Feb 17, 2012 6:24am Feb 17, 2012 6:24am
Quoting maxryan9999
Udine
Can you limit page from page to page does not ? Please


Test a oder buy (valid or not ?)
Update : +0.9 pip

Max,

if you are not willing to take the time to read a thread and want to be spoonfed.... do you really think the forex BUSINESS is something for you???

Think about that for a moment!!

Udine
Sleep less, live fast, as it aint gonna last
  • #3,936
  • Feb 17, 2012 6:32am Feb 17, 2012 6:32am
Quoting Udine
Max,

if you are not willing to take the time to read a thread and want to be spoonfed.... do you really think the forex BUSINESS is something for you???

Think about that for a moment!!

Udine
Udine
Ok i understand what do you spend for me . I really thank .
Hope when i read all thread you still here to make money with me

Cheer
Max
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  • #3,937
  • Feb 17, 2012 6:39am Feb 17, 2012 6:39am
Quoting maxryan9999
Udine
Ok i understand what do you spend for me . I really thank .
Hope when i read all thread you still here to make money with me

Cheer
Max

I will be here

Udine
Sleep less, live fast, as it aint gonna last
  • #3,938
  • Feb 17, 2012 7:03am Feb 17, 2012 7:03am
no trading when news comes out
30 mins until USD: Core CPI m/m
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  • #3,939
  • Feb 17, 2012 7:32am Feb 17, 2012 7:32am
Quoting maxryan9999
no trading when news comes out
30 mins until USD: Core CPI m/m

I wouldn't take this trade anyways since we are close to a local resistance ...
  • #3,940
  • Feb 17, 2012 8:04am Feb 17, 2012 8:04am
Quoting Kilian19
I wouldn't take this trade anyways since we are close to a local resistance ...
i don't understand . Can you post a image (line resistance) ?
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