Break-In Trend Follower | Forex Factory

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Break-In Trend Follower

  • #1
  • First Post: Edited Apr 20, 2014 8:02am Apr 9, 2013 2:04am | Edited Apr 20, 2014 8:02am
template updated

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rules updated
5% balance for 4H entry - purple buy - pink sell , 250pips level for 4 position max, SL and reverse after colour change
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backtest
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Good luck
  • #2
  • Apr 9, 2013 2:58am Apr 9, 2013 2:58am
Hi Sir,

Mn Grid V2, how to apply for 5 digits broker? thanks.
  • #3
  • Apr 9, 2013 3:11am Apr 9, 2013 3:11am
Quoting sam2vt
Hi Sir, Mn Grid V2, how to apply for 5 digits broker? thanks.
Change the mgridSize parameter from 3.0 to 30
  • #4
  • Apr 9, 2013 3:13am Apr 9, 2013 3:13am
Quoting Andy B
Change the mgridSize parameter from 3.0 to 30
Thank you very much!!!
  • #5
  • Apr 9, 2013 7:48am Apr 9, 2013 7:48am
can you explain more about mn grid ? what is the function of Mn Grid indicator?


--------------
regression channel
  • #6
  • Apr 9, 2013 9:33pm Apr 9, 2013 9:33pm
loss first entry yesterday , and miss second entry setup , let see today


Quoting sam2vt
Hi Sir, Mn Grid V2, how to apply for 5 digits broker? thanks.
i 've put 5digit template

Quoting pepesan
can you explain more about mn grid ? what is the function of Mn Grid indicator? -------------- regression channel
my interpret

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  • #7
  • Apr 10, 2013 12:00am Apr 10, 2013 12:00am
Be aware that increasing the lot size after a loss until a TP reach will send you to ruin soon or later.

This is always the case for any martingaling scheme in the long term ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #8
  • Apr 10, 2013 7:32pm Apr 10, 2013 7:32pm
Quoting FerruFx
Be aware that increasing the lot size after a loss until a TP reach will send you to ruin soon or later. This is always the case for any martingaling scheme in the long term ...
Very true my friend ! So many traders are under the assumption that Martingale refers to doubling lot sizes after a loss that is just not the truth.

Increasing lot sizes is Martingale as defined in financial dictionary's. The sooner traders realize that this 100% always leads to acct ruin the sooner you may learn to trade properly and profit.

No sense in turning a 1k acct into 20k by risky MM...it leads to ruin and you will never have steady profits.. Isnt that what you all want? Profits.

Be well advised to not attempt revenge on the market by increasing lots after losing...You will never attain it.. I dont say these things to piss on anyones parade or party... But you need to be told the truth.. Fuck the sugarcoating.. This is a mother fucking business and if you want it to give you business rewards you best damn well treat it with the utmost respect... The market owes no one nothing.. Learn to take your profits when presented because the market will always take them back...

Enuf said..
Markets are Mirrors,,Mastery of craft is mastery of self
  • #9
  • Apr 10, 2013 8:02pm Apr 10, 2013 8:02pm
it is not martingle

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  • #10
  • Apr 10, 2013 8:53pm Apr 10, 2013 8:53pm
Quoting jasakreatif
it is not martingle
As long you are increasing the Lot Size ... doesn't matter the multiplier ... this is martingale. And the result will be the same for your account at the end.
MT4/MT5 EAs/Indicators/Alerts coder
  • #11
  • Apr 10, 2013 10:46pm Apr 10, 2013 10:46pm
Quoting FerruFx
As long you are increasing the Lot Size ... doesn't matter the multiplier ... this is martingale. And the result will be the same for your account at the end.
i'm not doing it

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martingale is a good system , but need strict balance and some broker not allow it with hedge , because sometime it can blow up some account and grow fast , and some accounts down stop.

maybe my system similiar like grid but with different type.
  • #12
  • Apr 10, 2013 10:52pm Apr 10, 2013 10:52pm
Quoting jasakreatif
i'm not doing it
According to your 1st post:

Quoting jasakreatif
Money Management
first entry 1 example : 0.10 loss
second entry 2 example : 0.20 loss
third entry 3 example : 0.30 win
back to first
This is martingaling scheme.
MT4/MT5 EAs/Indicators/Alerts coder
  • #13
  • Apr 11, 2013 1:09am Apr 11, 2013 1:09am
second entry closed on trail .
back to first entry lot . wait and relax .
if dont know how to trade lets be a good gambler

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  • #14
  • Apr 11, 2013 2:56am Apr 11, 2013 2:56am
first entry today, second entry prepare
they wanna go up let them up , wanna back down let follow them
out of desk, back to life
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  • #15
  • Apr 11, 2013 7:03am Apr 11, 2013 7:03am
It looks like you could enter with the break off grid as a trend following system.
  • #16
  • Apr 11, 2013 7:59pm Apr 11, 2013 7:59pm
Quoting jasakreatif
first entry today, second entry prepare they wanna go up let them up , wanna back down let follow them out of desk, back to life {image}
BE 30pips mate
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  • #17
  • Apr 11, 2013 8:17pm Apr 11, 2013 8:17pm
possible long entry , but asian session thin market
and we always think to looking for short when the price up . funny isnt ?
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  • #18
  • Apr 11, 2013 8:45pm Apr 11, 2013 8:45pm
Quoting mayfairtdr
It looks like you could enter with the break off grid as a trend following system.
welcome trader

Inserted Video
  • #19
  • Apr 11, 2013 8:49pm Apr 11, 2013 8:49pm
it looks like your entering on the break of box. If its up trend you entering just inside the grey or green box then taking tp on otherside.

or am i making it to simple? Cause I like simple.
  • #20
  • Apr 11, 2013 8:57pm Apr 11, 2013 8:57pm
like this im guessing?
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