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Trend following strategy on a 1 min chart?

  • #1
  • First Post: Feb 18, 2013 7:04am Feb 18, 2013 7:04am
Has evryone a trend following strategy tested on the m1 timeframe?
  • #2
  • Feb 18, 2013 1:10pm Feb 18, 2013 1:10pm
I trade a trend following method, and my entries are on the M1

Even though the entries are M1, the average trade duration is just over 7 hours.

The key for me is R. I go for about 30R on each trade.

Pay attention to the time of day you enter and keep it simple.
  • #3
  • Feb 18, 2013 1:48pm Feb 18, 2013 1:48pm
A trend exists on any time frame you choose. Just choose the one that suites your goals, method and personality and keep it simple.
Nothing is impossible, with a willing mind!
  • #4
  • Feb 18, 2013 2:23pm Feb 18, 2013 2:23pm
Quoting Rolland
I trade a trend following method, and my entries are on the M1

Even though the entries are M1, the average trade duration is just over 7 hours.

The key for me is R. I go for about 30R on each trade.

Pay attention to the time of day you enter and keep it simple.
No
Don't you think the 1 min time-frame is too short?
I feel good!
  • #5
  • Feb 18, 2013 3:27pm Feb 18, 2013 3:27pm
Quoting belva_fx
No
Don't you think the 1 min time-frame is too short?
Tell it to my landlord
  • #6
  • Feb 18, 2013 3:46pm Feb 18, 2013 3:46pm
Exactly! lol
Quoting Rolland
Tell it to my landlord
Nothing is impossible, with a willing mind!
  • #7
  • Feb 18, 2013 6:19pm Feb 18, 2013 6:19pm
Quoting belva_fx
No
Don't you think the 1 min time-frame is too short?
No. I think 1 min is too long I prefer seconds and ticks.

Fortunately, I keep a snapshot of my all trades so I can go back to study them.
I label them as (Year[12] Month[01] Day[01] - letter[a]) and this makes it in a chronological order in my computer whenever I open it and makes it easy to reference to search and go back.

Here are just some (as there are limits per post) of my last year's trades that shoots >50pips in seconds and minutes... usually under 30min, an hour or two.

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  • #8
  • Feb 18, 2013 6:21pm Feb 18, 2013 6:21pm
Here are some more...

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  • #9
  • Feb 19, 2013 5:05am Feb 19, 2013 5:05am
How your system work?

Quoting CrucialPoint
No. I think 1 min is too long I prefer seconds and ticks.

Fortunately, I keep a snapshot of my all trades so I can go back to study them.
I label them as (Year[12] Month[01] Day[01] - letter[a]) and this makes it in a chronological order in my computer whenever I open it and makes it easy to reference to search and go back.

Here are just some (as there are limits per post) of my last year's trades that shoots >50pips in seconds and minutes... usually under...
  • #10
  • Feb 19, 2013 5:17am Feb 19, 2013 5:17am
I usually do "scalp" trades,too. Only in the times when volatility develops (London and US open activity) or before/during/after news (also Gold and Silver).
To do so i use Tick charts with some algo calculations to see where the "bots" enter (their scheme) or to get a quick clue about the urgency (i.e. dumping the inventory) etc.
It's just one trading method in the repertoire to aim for good R:R ratios.

I'm sure you can trade the trend in more different ways depending on your risk management.
  • #11
  • Feb 19, 2013 6:31am Feb 19, 2013 6:31am
Quoting BlackShark
How your system work?

From his profile page:

"My system, forget asking for my system because I will never share it. I will share the discoveries I found (on my thread journal). What ever you find in that journal are the things I'm willing to share"

http://www.reactiongifs.com/wp-conte.../tree_dive.gif
  • #12
  • Feb 19, 2013 8:23am Feb 19, 2013 8:23am
Quoting Rolland
From his profile page:

"My system, forget asking for my system because I will never share it. I will share the discoveries I found (on my thread journal). What ever you find in that journal are the things I'm willing to share"

http://www.reactiongifs.com/wp-conte.../tree_dive.gif
OK
  • #13
  • Feb 19, 2013 9:20am Feb 19, 2013 9:20am
How do you guys beat HFTs in their turf? since most of the time I have to work and trade simultaneously I find the H1 fairly manageable. anything below that I become overwhelmed. but to each his own.
wo-yoy! wo-yoy! wo-yoy! wo-yoi! wo-yoy-yoy-yoy!
  • #14
  • Feb 19, 2013 9:54am Feb 19, 2013 9:54am
Quoting pemully
How do you guys beat HFTs in their turf? since most of the time I have to work and trade simultaneously I find the H1 fairly manageable. anything below that I become overwhelmed. but to each his own.
By not trading high freq

My trades can last for days

It's all about your perspective (and R)
  • #15
  • Feb 19, 2013 10:05am Feb 19, 2013 10:05am
Quoting Rolland
By not trading high freq

My trades can last for days

It's all about your perspective (and R)
What is R?
  • #16
  • Feb 19, 2013 10:25am Feb 19, 2013 10:25am
Quoting BlackShark
What is R?
Reward/risk

Of course hit rate is another important factor, and needs to be balanced with R, in order to get the optimal return vs. draw down
  • #17
  • Feb 19, 2013 10:42am Feb 19, 2013 10:42am
Quoting Rolland
From his profile page:

"My system, forget asking for my system because I will never share it. I will share the discoveries I found (on my thread journal). What ever you find in that journal are the things I'm willing to share"

http://www.reactiongifs.com/wp-conte.../tree_dive.gif
Holy Sh*t
Time hides Nothing
  • #18
  • Feb 19, 2013 8:54pm Feb 19, 2013 8:54pm
Quoting CrucialPoint
No. I think 1 min is too long...

Attachment


Quoting CrucialPoint

How To Spot a Failed Trading System

Every failed trading system has a pattern and if you have that within your system, it will fail. You don't need to waste your time to back-test a failed system.

Here are the pattern and signs of a failed trading system (excluding money management and trading discipline):

  1. A system that doesn't clearly define the market condition
  2. A system that takes every signal of buy and sell
  3. A system that has more than 3 indicators

You have stated that a sign of a failed trading system is that it has more than three indicators. In you chart I can see 8 ( yes! eight!) indicators (three moving averages, price, and four indicators at the bottom). So could you please explain to us if your system is successful or no?
  • #19
  • Feb 19, 2013 10:26pm Feb 19, 2013 10:26pm
Quoting mahdiquant
You have stated that a sign of a failed trading system is that it has more than three indicators. In you chart I can see 8 ( yes! eight!) indicators (three moving averages, price, and four indicators at the bottom). So could you please explain to us if your system is successful or no?
Indicator 1. Price
Indicator 2. MA
Indicator 3. Influx

If you see eight... um, I don't really know what you want me to say
  • #20
  • Feb 19, 2013 10:29pm Feb 19, 2013 10:29pm
Quoting CrucialPoint
Indicator 1. Price
Indicator 2. MA
Indicator 3. Influx

If you see eight... um, I don't really know what you want me to say
I mean "Influx" is one quantity about the market but four indicators at the bottom are displaying four different number at each time.
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