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Help me understand this confirmed strategy

  • #1
  • First Post: Nov 18, 2014 1:38pm Nov 18, 2014 1:38pm
I follow one of my favorite trader who recently show this extraordinary performance. He has said that this is 90% confirmed trading.
Can you please explain this? Have any idea how to do this type of trading?

Oh I have some hints from him to you. He uses 1H tf with MACD & RSI-50. Trade duration maxumum 10min-1day.

Hope anybody can explain it to me.
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  • #2
  • Nov 18, 2014 2:27pm Nov 18, 2014 2:27pm
Quoting mahdihasan
I follow one of my favorite trader who recently show this extraordinary performance. He has said that this is 90% confirmed trading. Can you please explain this? Have any idea how to do this type of trading? Oh I have some hints from him to you. He uses 1H tf with MACD & RSI-50. Trade duration maxumum 10min-1day. Hope anybody can explain it to me. {image} {image} {image} {image} {image}

Well first thing that I noticed is that most of those trades are for less then 20 pips. That doesn't correlate too well with the 1hr TF.
And the trade durations are much closer to the low end of the scale...again, not conducive to a 1hr or above.

I looked at a couple of trades on 5 min. 1 made sense with those indicators, but the others didn't. Hard to know in case he doesn't use standard settings on the MACD.

Anyways, that's a quick take.
  • #3
  • Nov 18, 2014 2:39pm Nov 18, 2014 2:39pm
Analyze the set of trades, they tell you everything you need to know about the "strategy". Checkout the no. of trades with/without SL and the average time those particular trades are held comparative to others.
  • #4
  • Nov 18, 2014 2:59pm Nov 18, 2014 2:59pm
Quoting spyderman
{quote} Well first thing that I noticed is that most of those trades are for less then 20 pips. That doesn't correlate too well with the 1hr TF. And the trade durations are much closer to the low end of the scale...again, not conducive to a 1hr or above. I looked at a couple of trades on 5 min. 1 made sense with those indicators, but the others didn't. Hard to know in case he doesn't use standard settings on the MACD. Anyways, that's a quick take.
First of all, many many thanks to reply.
I appreciate with you, hope you will try to understand the main idea
Waiting for a best reply
  • #5
  • Nov 18, 2014 3:02pm Nov 18, 2014 3:02pm
Quoting neo1599
Analyze the set of trades, they tell you everything you need to know about the "strategy". Checkout the no. of trades with/without SL and the average time those particular trades are held comparative to others.
I am not so expert dear friend, If you understand this idea then please explain to me
Thank you
  • #6
  • Nov 18, 2014 3:13pm Nov 18, 2014 3:13pm
Hi all
Trades token in same period one direction most on one pair demo account short period at start of new candels try it out
at start of any new candle 4 hours time fram enter the other way thats all
Have a nice day all
focus while relaxed to see better
  • #7
  • Last Post: Nov 21, 2014 8:57am Nov 21, 2014 8:57am
Its easy to implement 20+ FX strategies, then post the most successful online, deleting the rest.

MACD & RSI are derivatives of historic price action, no predictive attributes there.
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