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‏Take 1435 positions Every Day in GBPUSD

  • #41
  • Jun 8, 2013 8:57pm Jun 8, 2013 8:57pm
Use every new bar to manage trade is one of the trade management technique, by entry at new bar open and exit at current bar close. However this technique is based on market availability. If market goes one direction, you earn from price A to B pips. If market is pull back, you might still earn but chances is 50%.

IMO, If you are using trend to determine the direction, it is still lagging. I guarantee you would lose maybe 20% of trades for the lagged of signal. I have done the indicator testing before, so I know every indicators has its limitation. However, i suggest to use support and resistance to verify the direction, because of price action is the best.
  • #42
  • Edited 2:45am Jun 9, 2013 2:31am | Edited 2:45am
GBPUSD Back-test last month

Modelling quality 90.00%

Initial deposit 17000.00

Total net profit 28646.50

All positions is 0.1 lot value and TP- SL set on


Total trades 2084
Short positions 1088
Long positions 996

Average
profit trade
profit trade 183.39
loss trade -49.97


Profit trades
(27.30%)
Loss trades
(72.70%)

Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester.gif Size: 10 KB
  • #43
  • Edited 3:07am Jun 9, 2013 2:39am | Edited 3:07am
GBPUSD Back-test last month Safe zone ( Reduce the number of positions)

Initial deposit
7000.00

Total net profit
7114.30

Total trades
521



All positions is 0.1 lot value and TP- SL set on

Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester.gif Size: 10 KB
  • #44
  • Jun 9, 2013 3:14am Jun 9, 2013 3:14am
How do you test eesperov, which laid out on 2 stranitse.U me with any settings should be applied consistently merges,) I have neither the profit is not included.
It's possible

EA
  • #45
  • Jun 9, 2013 3:24am Jun 9, 2013 3:24am
GBPUSD Back-test last month Crazy Zone ( Increase the number of crazy deal take position)


(only for show ... 99% of brokers in the world not accepted this trading rule)


Initial deposit 85,000 $
Total net profit 426,730 $


Total trades 30,361

All positions is 0.1 lot value and TP- SL set on

then Total transaction volume is 30361/ 10 = 3036 standard lot in just 1 month !!!

Attached Image (click to enlarge)
Click to Enlarge Name: TesterGraph.gif Size: 14 KB
  • #46
  • Jun 9, 2013 3:31am Jun 9, 2013 3:31am
Quoting saleh33
GBPUSD Back-test last month Crazy Zone ( Increase the number of crazy deal take position) (only for show ... 99% of brokers in the world not accepted this trading rule) Initial deposit 85,000 $ Total net profit 426,730 $ Total trades 30,361 All positions is 0.1 lot value and TP- SL set on then Total transaction volume is 30361/ 10 = 3036 standard lot in just 1 month !!! {image}
ea pls,)
  • #47
  • Jun 9, 2013 3:32am Jun 9, 2013 3:32am
Results are very interested. Can you please write down the strategy rules (for Safe zone, for Crazy zone, for 1 min TF)?
How you do backtesting? That EA does not work fine with me.

P.S. Sorry for my english if is any mistake here ;-)
  • #48
  • Jun 9, 2013 4:04am Jun 9, 2013 4:04am
HALLO SALEH

I'M TRYING BACK TESTING WITH YOUR FIRST EA

MODIFYING SL AND TP BUT FIRST OF ALL ENABLING CLOSING SETTING ..

AND IT WORKS BUT ONLI IN TRANDING DAY

BUT I LIKE YOUR SIMPLICITY.. WORK FINE WHEN WORK.

  • #49
  • Jun 9, 2013 4:09am Jun 9, 2013 4:09am
Quoting saleh33
GBPUSD Back-test last month Crazy Zone ( Increase the number of crazy deal take position) (only for show ... 99% of brokers in the world not accepted this trading rule) Initial deposit 85,000 $ Total net profit 426,730 $ Total trades 30,361 All positions is 0.1 lot value and TP- SL set on then Total transaction volume is 30361/ 10 = 3036 standard lot in just 1 month !!! {image}
What settings are you using for SL and TP?
  • #50
  • Jun 9, 2013 5:00am Jun 9, 2013 5:00am
Quoting AhmadYt
{quote} What settings are you using for SL and TP?

Risk to reward 1/4 for ex: sl 20 - tp 80
  • #51
  • Jun 9, 2013 10:04am Jun 9, 2013 10:04am
What is the point of this thread?

Trading System - Define Rules people have asked this.
  • #52
  • Jun 9, 2013 8:15pm Jun 9, 2013 8:15pm
I really don't see the point here. Random entries based on a one minute chart. Basically flipping a coin. Also it seems you need to be able to hedge because as soon as you sell a position, it will automatically close out your long position. Maybe you can do that off shore, but we cannot here in the U.S. Someone correct me if I'm wrong here, but I don't think I am.
  • #53
  • Jun 9, 2013 8:56pm Jun 9, 2013 8:56pm
Quoting TheDirtySerb
I really don't see the point here. Random entries based on a one minute chart. Basically flipping a coin. Also it seems you need to be able to hedge because as soon as you sell a position, it will automatically close out your long position. Maybe you can do that off shore, but we cannot here in the U.S. Someone correct me if I'm wrong here, but I don't think I am.
You can hedge in US. Just need to know where to look.
  • #54
  • Jun 9, 2013 9:24pm Jun 9, 2013 9:24pm
Quoting TheDirtySerb
I really don't see the point here. Random entries based on a one minute chart. Basically flipping a coin. Also it seems you need to be able to hedge because as soon as you sell a position, it will automatically close out your long position. Maybe you can do that off shore, but we cannot here in the U.S. Someone correct me if I'm wrong here, but I don't think I am.
How about using a sub-account ? Buys trades only for the main account and sells trades only for the sub-account. Each day, transfer funds between the 2 accounts so they balance.

I'm also in the USA. I would either trade this way, or look for a broker that allows hedging. FinFx allows hedging and accepts US residents.

Also, I would probably trade on a 5 minute chart instead of 1 minute. Brokers may have a limit on the # of open trades, I'm thinking 100 but could be wrong.
  • #55
  • Jun 9, 2013 11:18pm Jun 9, 2013 11:18pm
  •  denozi
  • | Joined Aug 2012 | Status: trade with Patient & Discipline | 82 Posts
Dear Mr. Saleh,

It just wonderful trading system, I am following your thread.

Thanks for sharing.

DenOzi
I am a new 2 Forex- Your help would be greatly appreciated
  • #56
  • Jun 9, 2013 11:38pm Jun 9, 2013 11:38pm
Quoting denozi
Dear Mr. Saleh, It just wonderful trading system, I am following your thread. Thanks for sharing. DenOzi

wonderful trading system??? What's the system?
Always try just one more time...
  • #57
  • Edited 1:05pm Jun 10, 2013 11:02am | Edited 1:05pm
Simplest question to answer: if we have already one long and one short trade open, then why should we open next long instead of closing the previous short, or next short instead of closing the previous long?

Quoting pirt666
wonderful trading system??? What's the system?
You are right. No system so far. But still funny
  • #58
  • Jun 10, 2013 2:28pm Jun 10, 2013 2:28pm
If it is not difficult to lay out the configuration file or set, then I have with any merges settings.If it is not difficult to lay out the configuration file or set, then I have with any merges settings.
  • #59
  • Jun 12, 2013 1:00pm Jun 12, 2013 1:00pm
u have it now

follow direction of each previous bar, sl 20 tp80, close all at the end of day

the system itself seems very dumb and not sustainable. but with some higher tf pa analysis, it seems able to get profit on a breakout day



Quoting guess121
What is the point of this thread? Trading System - Define Rules people have asked this.
  • #60
  • Jun 13, 2013 3:12pm Jun 13, 2013 3:12pm
Saleh33, please, I'm a newbie and somewhat confused as to this trading strategy you have come up with. Are you saying that for every minute for the entire day, you buy and sell one contract for each direction as well as close out the two previous one's? I know that is wrong so is there a way you can explain it more clearly and maybe walk me through it. How would someone like me begin to attempt such a trading strategy? It's sounds very interesting and by reading posts from true traders it might just be a grand idea. Thank you, Duffy
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