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3% Risk Gives You Bliss System

  • #541
  • Edited 8:56am May 15, 2013 6:34am | Edited 8:56am
Today, USOil +112 , USIndex +4

Forex 3 Losers -34 pips, 2 winers + 59 pips,
one more trade +8 pips, total +33 pips
Even though I walk through the darkest valley, I will fear no evil
  • #542
  • May 15, 2013 8:44am May 15, 2013 8:44am
Based on the New Rule , I am clocking 20 pips on 30 M 40 pips on 1H and 80 pips on H4. The beauty of this system is the low sl and straight away the trade moves into profit. one thing i discovered that the xpma is nothing but 34 ema. I still have one confusion hope cubbydgood throws some light on it.


should we take the trade when the HA T3 Arrow and the xpma Arrow are on the same line and the macd flat is above the threshold in the next candle ?? or should we wait for the next HA t3 signal . In this case the trend arrow and HA t3 signal arrow overlapp as they come on the same candle.
  • #543
  • Edited 7:46am May 16, 2013 6:34am | Edited 7:46am
1 loser -12 pip, 3 winners + 25, +10, + 4, one more trade +30 . Total +57

UsOil +60 , USDIndex +25, UK100 +15
Even though I walk through the darkest valley, I will fear no evil
  • #544
  • May 16, 2013 7:47am May 16, 2013 7:47am
More then 100 pips for this week. And 200 CFD
Even though I walk through the darkest valley, I will fear no evil
  • #545
  • May 16, 2013 8:55am May 16, 2013 8:55am
Moving SL above swings is good idea. But new MACD gives a late entries. It is better to enter by the old rules.
Even though I walk through the darkest valley, I will fear no evil
  • #546
  • May 16, 2013 10:44am May 16, 2013 10:44am
The new system is damn good , as it cuts the sl to bare minimum and straight away moves the trade into profit zone , only thing is u should move to 30 m to get lesser trade but solid ones. i am tracking H4 and 30 M . wish the EA was able to spot the trades as the come up . EA right now does it some what but when u close the terminal and again re open after a gap of 2 -3 hrs then the EA misses some trade.

Spacy to throw some light on this .
  • #547
  • May 16, 2013 11:08am May 16, 2013 11:08am
Quoting unimak
The new system is damn good , as it cuts the sl to bare minimum and straight away moves the trade into profit zone , only thing is u should move to 30 m to get lesser trade but solid ones. i am tracking H4 and 30 M . wish the EA was able to spot the trades as the come up . EA right now does it some what but when u close the terminal and again re open after a gap of 2 -3 hrs then the EA misses some trade. Spacy to throw some light on this .
I will take a look on M30. Only problem the SL is bigger. On M5 my stop loss is lower and can control profit.

We need a take profit rules. Control it by hand is really hard.

What EA are you using ? What is your average SL and Take Profit with M30 ??

I keep my computer 24/5

One more question how do you keep it over night ??? And what is your XMA ? I am using 24
Even though I walk through the darkest valley, I will fear no evil
  • #548
  • May 16, 2013 11:03pm May 16, 2013 11:03pm
i am using all default as given in the first post . i am not worried with sl in this system as this system goes into profit very quickly so u can keep 10 pip sl on a 30 m . the EA 4.5 by spacy is cool and takes entry pretty nicely . i have tested it on 15 pairs only Echf u need to keep 10 pip on a 30 min rest u can keep 20 pips on a 30 m as tp .
  • #549
  • May 16, 2013 11:05pm May 16, 2013 11:05pm
@spacy can we have a indicator which alerts of a potential trade instead of a EA. and it calculates from the previous trend change period whenever it is loaded. only this is needed with alert sending via email .
  • #550
  • May 17, 2013 3:53am May 17, 2013 3:53am
Quoting unimak
i am using all default as given in the first post . i am not worried with sl in this system as this system goes into profit very quickly so u can keep 10 pip sl on a 30 m . the EA 4.5 by spacy is cool and takes entry pretty nicely . i have tested it on 15 pairs only Echf u need to keep 10 pip on a 30 min rest u can keep 20 pips on a 30 m as tp .
Interesting !!!! Thank you. I will give it a try
Even though I walk through the darkest valley, I will fear no evil
  • #551
  • May 17, 2013 3:55am May 17, 2013 3:55am
Quoting unimak
@spacy can we have a indicator which alerts of a potential trade instead of a EA. and it calculates from the previous trend change period whenever it is loaded. only this is needed with alert sending via email .
It is good Idea. Something like a tape
Even though I walk through the darkest valley, I will fear no evil
  • #552
  • May 28, 2013 3:45am May 28, 2013 3:45am
been following this thread for a while but suddenly gone quiet. Hows everyone doing with this method? I am planning to start to demo this system using the flat macd for entry and exit with macd 0 in order to catch the trend.
  • #553
  • Jun 6, 2013 10:10am Jun 6, 2013 10:10am
i do like the new changes
will try them out
unimak are you trading a different system or some variations to the rules?
  • #554
  • Jun 16, 2013 6:51pm Jun 16, 2013 6:51pm
0.4.2 has some error in it. it opened bunch of trades on EURJPY until margin call.
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  • #555
  • Jun 17, 2013 3:49pm Jun 17, 2013 3:49pm
Cool method. Just took a sell trade on EU/JPY. Compliments to the author!
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  • #556
  • Jun 17, 2013 5:18pm Jun 17, 2013 5:18pm
Not much of a coder but managed to tweak and compile xpma to the correct settings. Don't know how to change the hollow arrows to the correct colours though. At the moment it's red for up and blue for down. I see some of you have managed to change it - advice appreciated. Thanks.
  • #557
  • Jun 17, 2013 5:31pm Jun 17, 2013 5:31pm
Worked out how to do that finally but can't seem to get the xpma line to stay at setting 2 - setting 1 is too thin a line for me. Anyone help with this please?
  • #558
  • Jun 18, 2013 12:30am Jun 18, 2013 12:30am
unimak - I think you'll find that cubby changed xpma from 34 ema to 24 tema.
  • #559
  • Jun 24, 2013 5:16am Jun 24, 2013 5:16am
Hi,

Could anyone tell how are the latest results with the EA ?
  • #560
  • Jun 29, 2013 11:52am Jun 29, 2013 11:52am
Quoting Riverstar
Hi, Could anyone tell how are the latest results with the EA ?
It has some error in it! becareful when you trade live. It was running okay for several days but something went really wrong when I checked my account.
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