A basic holy grail trading system thing

an update of my numbers.

view #1:
EURAUD 89
GBPAUD 50
EURCHF 45
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCHF 6
NZDCAD -2
GBPNZD -17
GBPCAD -19
AUDCHF -44
AUDNZD -67
AUDCAD -69

view #2:
EURAUD 89
AUDCAD -69
AUDNZD -67
GBPAUD 50
EURCHF 45
AUDCHF -44
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCAD -19
GBPNZD -17
GBPCHF 6
NZDCAD -2

to play the above numbers:

sell at or near +100
buy at or near -100
close position at or near 0.

you can form triangles to calculate for arbitrageable situations(imbalances), as follows:

euraud+audnzd=eurnzd
eurgbp+gbpchf=eurchf
euraud+audchf=eurchf

my firm goal regarding this project has always been that my work should be worthy of taking home the nobel prize in economics.

http://www.nobelprize.org/nobel_prizes/economics

my demo account login is:

Broker: http://www.citifxpro.com/metatrader-4
Login : 2089587303
Password : elu7brc (read only password)

the euraud is now in the hot seat.

I do not understand how you trade?

nobel prize?
really?

is your demo account being hacked right now. why did you post your password ?

hello jasondean,

my custom software generates the following series of numbers:

EURAUD 89
GBPAUD 50
EURCHF 45
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCHF 6
NZDCAD -2
GBPNZD -17
GBPCAD -19
AUDCHF -44
AUDNZD -67
AUDCAD -69

notice that the above numbers range from +100 thru -100

ok, with me so far?

great.

instructions:

sell at the top.
buy at the bottom.
close at the middle.

or, said another way:

sell at or near +100
buy at or near -100
close at 0.

my work is worthy of such a prize.

i dont really care if i get it or not, i only cared that my work was worthy of bagging it.

the metatrader platform provides two passwords, a master password and an investor password.

the investor password allows you to watch the trades, but you cant open or close or modify trades.

i provide to you, the public, with my investor's password.

thank you.

thanks for that. something I was unaware of. if you learn something everyday, it's a good day. good luck with your trades.

Oh Man! You took out the picture. Is that you?

++++++++++++++

??? A Chameleon

What you're doing reminds me of counting cards in 21, only without the threat of expulsion.

I see a challenge here. I hope we're up to the task.

You're making me curious slam.dunk. Can you tell us what the basis of your indicator is? How does it come to these values?

What's the purpose of this thread then?

In the "Trading Journals" forum ... the purpose is ... journal

i will be happy to answer questions about the numbers that are produced by my custom indicator..

Hey slam.dunk,
Not really understanding how you trade those numbers really, sorry. Can you give us some actual examples of one of your recent trade. Cant see how you use those numbers to tie those to the price levels on the forex pairs. Thanks

hello bravester,

first, keep in mind that at this time i am out on the road and this sample of numbers that are the output of my indicator are slightly outdated, they were taken just prior to market opening on sunday, meaning that they are approximately less than 24 hours old and should be regarded as being slightly stale, but then, the market does move really really slow for the most part, so we can examine these numbers just fine....

anyways, here they are:

EURAUD 89
GBPAUD 50
EURCHF 45
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCHF 6
NZDCAD -2
GBPNZD -17
GBPCAD -19
AUDCHF -44
AUDNZD -67
AUDCAD -69

by looking at the above output, you can see that the above numbers span a range of +89 thru -69 and we also know that these above numbers will NOT EXCEED +100 NOR WILL THEY EXCEED -100.

you will just have to take my word for it when i tell you that the above numbers will not exceed either +100 or -100.

you know how we all talk in the forums about how none of these silly forex indicators really work, but that they sorta work? uh-huh.. i broke all of the rules. i fixeded them.

so, having said that, which of the above numbers is closest to that outer range of either +100 or -100?

the euraud is at +89, and we know that it will not go any higher than +100, so that is why i am currently short on the euraud.

the audcad is the only other currency worth watching, as it is the one that is closest to the outer limit of the lower end, but we would not play it yet, cuz there is still a sizable potential drop from -69 to -100, right?

the perfect position we want to wait for is if we see a currency pair thitat moves out to being very close to either +100, indicating that it is a short trade, or if a pair moves to -100, indicating that it is a long trade.

the current euraud trade that i am playing at this time was entered at something like +92 or +94, i cant remember for sure exactly, and it has now probably returned to something like +85, and i am guessing about that, cuz at this time i am now on a greyhound bus headed on a little journey...

the nzdcad, for example, being currently at -2, WE WOULD NOT FOR ANY REASON OPEN A NEW TRADE ON THIS PAIR, AS IT COULD GO UP TO +100 OR IT COULD DROP TO -100, SO IT IS IN AN UNPREDICTABLE STATE AT THIS TIME.

the core of this system is that we sell when a pair is close to +100 and we buy when a pair is close to -100 and then we close either position when it comes close to the zero position.

once we have explained this aspect of this trading system, i will then move on to fully explain how currency is properly entered into as a triangular arbitrage, which i am really excited to do, but before i do this i want to NOT CHOP THE INDICATOR VALUES OFF AT THE DECIMAL POINT, but i dont want to make even that small change until i have additional computer hardware.

thank you for your sincere questions.

in closing, if i experience any sizable amount of drawdown, anything noticable at all, then my work is entirely bullshit..

but i dont think it is.

my goal all along has been to bag that nobel prize.

see what i mean?

i really am that good.

perfect. that makes great sense now, thanks.

what SL/TP do you employ? i know you said TP is when it gets back down/up close to 0 , but what if you are not close to a computer when that happens.. so wouldnt you have set TP in pips ? Also, same with SL, some set SL or atleast an emergency SL i would think.

Also, will you be sharing your indicator here so we may see the latest number levels real-time. Or is there anyother way to see these.Thanks

i will post those numbers again, for convenience...

EURAUD 89
GBPAUD 50
EURCHF 45
EURGBP 39
CADCHF 25
NZDCHF 23
EURNZD 22
EURCAD 20
GBPCHF 6
NZDCAD -2
GBPNZD -17
GBPCAD -19
AUDCHF -44
AUDNZD -67
AUDCAD -69

for those of you that are logged in to my demo account, you will see that my most recently closed position in my account history that there were actually two positions, a gbpnzd long and an nzdcad short, the gbpnzd was originally entered at something like +98 and the nzdcad was entered at something like -88 or something like that and you can see that i closed them as they came in close to the zero position, the gbpnzd is now at -17 and the nzdcad is now at -2.

these two positions drew down by only something like two or three percent, i think, if i remember correctly, and they delivered a combined profit of approx 30%... these two positions were documented in another thread in the rookie discussion section of this forum in a thread that was titled somethign like why does everybody here at the forexfactory lose? you may look for yourself, if you like... i regularly posted screenshots of my terminal and i have also provided for you the login details of my account.

that other thread can be found here:

http://www.forexfactory.com/showthre...83#post6689983

my trading system really is very simple.

sell at or near +100
buy at or near -100
close at or near 0.

the part of this that is giving you difficulty is that this is really the holy grail.

see what i am saying?

it is really high level sht.

i luvs my work.

if you have further questions, just let me know.

What kind of calculation is done to give these numbers ?