After 4 Years, Finally found a Profitable Trading System | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Very Profitable System - Roi system 355 replies

Finally, I Found How Simple Trading Forex Is 47 replies

MA, Gann and Ichimoku system (profitable system!) 60 replies

How many years should I test My system, to consider it, profitable? 18 replies

Do you continue your search after you have found a profitable strategy? 11 replies

Attachments: After 4 Years, Finally found a Profitable Trading System
Exit Attachments

After 4 Years, Finally found a Profitable Trading System

  • #61
  • Feb 12, 2015 5:40am Feb 12, 2015 5:40am
Quoting lc_invest
WOW, this was years ago, when i was on the path of "learning the hard way" sorr if sharing my twitter was to Cocky, just saw other do that I didn't want to write the LooooOOnnng first topic if nobody was interested, then I would have just wasted an hour explaining things for nothing. lets stay away from "fishy" things I had too many of them in my learning experience This is how it looks now, I hope you will see the indicators clearly. Some of you might know them or heard of them, but this is where the magic happens. {image}
hi IC_invest,
can i know which indicators you have used i am interested about your strategy and i want to use this on my trading.


------------------SIGNATURE-----------------------
Download over 2900 forex robots and indicators for 100% FREE at: http://mt4talk.com/
  • #62
  • Feb 12, 2015 6:01am Feb 12, 2015 6:01am
Quoting lc_invest
...what needs to be changed in order not to look like I am selling or promoting...
a good start would've been to share the indicators and explain the strategy in the first post.

Quoting lc_invest
...IF anyone will be interested in trades that I will be taking on, u can follow me on Twitter @lc_forex ...
no one is going to follow you, eat shit and die.

i don't have problem with commercial members as long as they don't take their potential clients for complete retards, which you clearly do.
i lose money for a living
  • #63
  • Feb 12, 2015 6:18am Feb 12, 2015 6:18am
Quoting raselnet
{quote} hi IC_invest, can i know which indicators you have used i am interested about your strategy and i want to use this on my trading. ------------------SIGNATURE----------------------- Download over 2900 forex robots and indicators for 100% FREE at: http://mt4talk.com/

In the previous years and until know I am trading using pure technical analysis which I guess is known to everybody. But I have tried bollinger bands , keltner channels and etc....
  • #64
  • Feb 12, 2015 6:21am Feb 12, 2015 6:21am
Quoting tylerbose
{quote} a good start would've been to share the indicators and explain the strategy in the first post. {quote} no one is going to follow you, eat shit and die. i don't have problem with commercial members as long as they don't take their potential clients for complete retards, which you clearly do.
I have edited my first post.

What potential clients you talking about ?
  • #65
  • Feb 12, 2015 7:50am Feb 12, 2015 7:50am
Meanwhile , I let the market digest the news and indicators come back to reality
  • #66
  • Feb 13, 2015 1:29am Feb 13, 2015 1:29am
Quoting lc_invest
My thread will never go back to normal if you start promoting indicators here
Sorry for that. I just wanted to show the better ones. Hope that helps you.
  • #67
  • Feb 13, 2015 3:29am Feb 13, 2015 3:29am
I have my eye on these pairs for upcoming hours.
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 331 KB
  • #68
  • Feb 13, 2015 3:59am Feb 13, 2015 3:59am
Quoting lc_invest
{quote} In the previous years and until know I am trading using pure technical analysis which I guess is known to everybody. But I have tried bollinger bands , keltner channels and etc....
i also use technical analysis for my daily trading..


------------------SIGNATURE-----------------------
Download over 2900 forex robots and indicators for 100% FREE at: http://mt4talk.com/
  • #69
  • Feb 13, 2015 4:31am Feb 13, 2015 4:31am
Quoting lc_invest
I have my eye on these pairs for upcoming hours. {image}
EUR/GBP seems to be moving in the right direction, I will buy at 0.7405
  • #70
  • Feb 13, 2015 4:40am Feb 13, 2015 4:40am
Quoting lc_invest
{quote} EUR/GBP seems to be moving in the right direction, I will buy at 0.7405
I thought you only went long when Sigma Waves is above zero. It is below zero on EURGBP.
  • #71
  • Feb 13, 2015 4:52am Feb 13, 2015 4:52am
Quoting California
{quote} I thought you only went long when Sigma Waves is above zero. It is below zero on EURGBP.

WOOPS, Thank you, for correcting my mistake

EUR/JPY is moving into the direction I want 135.45
  • #72
  • Feb 13, 2015 4:55am Feb 13, 2015 4:55am
EUR/USD also moving into the buy zone, but I hate buying Euro against USD... skipping this one
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.JPG Size: 241 KB
  • #73
  • Feb 13, 2015 5:11am Feb 13, 2015 5:11am
For longs, I notice a high-probability setup is when Sigma Waves is in a distinct uptrend showing momentum is increasing (regardless of whether it is above or below zero) and Sigma pulls back to the yellow range. Reverse for shorts. You can see this on the EG and EJ charts. To me, using this trend in momentum makes more sense than simply whether Sigma Waves is above or below the zero line. However, I will not argue with your success!

How are you setting your s/l?
  • #74
  • Feb 13, 2015 6:49am Feb 13, 2015 6:49am
Quoting California
For longs, I notice a high-probability setup is when Sigma Waves is in a distinct uptrend showing momentum is increasing (regardless of whether it is above or below zero) and Sigma pulls back to the yellow range. Reverse for shorts. You can see this on the EG and EJ charts. To me, using this trend in momentum makes more sense than simply whether Sigma Waves is above or below the zero line. However, I will not argue with your success! How are you setting your s/l?


I agree with you, that is why I don't usually wait until red is reached, but momentum has to be increasing at that time.
I use SL after calculating my Tp and depending on the time frame in which trade was executed. For example in 1 hour chart I would put 30pip TP and SL, in 4 hour chart 50-80 Pip Tp and SL.
  • #75
  • Feb 13, 2015 7:12am Feb 13, 2015 7:12am
Quoting lc_invest
{quote} I agree with you, that is why I don't usually wait until red is reached, but momentum has to be increasing at that time.
Right. So in a sideways-ranging market where momentum is flattish, wait until red. In a trending market where momentum is either increasing or decreasing, only wait until yellow.

You seem to be entering just based on where LT Sigma is without waiting for price to confirm by taking out the high of the previous bar (for longs). Is that correct?
  • #76
  • Feb 13, 2015 8:35am Feb 13, 2015 8:35am
Here are a couple indicators I found that resemble the Lt Sigma indi. They are very similar except for the shading. I modified them based on the levels I like but you can easily change them back to the default levels of 8,10,12, -8,-10,12 if you like or whatever settings you like. I've seen these used well with Bollinger Bands, Stochastics, and Envelopes. I didn't see anything that resembles the Sigma Wave indi but if I find it, I will post it here.
Attached File(s)
File Type: mq4 Value_Chart_Deluxe_Edition_v1_0_2.mq4   12 KB | 1,792 downloads
File Type: mq4 Timing2_light.mq4   3 KB | 1,638 downloads
  • #77
  • Feb 14, 2015 3:03am Feb 14, 2015 3:03am
Quoting TheDirtySerb
Here are a couple indicators I found that resemble the Lt Sigma indi. They are very similar {file} {file}
Thank you DirtySerb for mentioning the idea of taking volatility bands and combining them with a standard deviation indicator like LT Sigma or the Value Chart indicator you have posted. I prefer Keltner Channels, which measure ATR, over Bollinger Bands which measure standard deviation. Today I backtested a standard deviation indicator with the Keltners set on 2.5 ATR and a 20 ema. Here are the two uses of this combination of indi's that I believe increase the probability of a winning trade:

1) In some cases the Sigma/Value Chart indicator was very stretched yet price was only in the middle of the Keltners. This was valuable information to know. Then in other cases, the indicator was stretched, but this time price was touching one of the Keltner bands. It was this combination that made for a higher-probability trade.

2) It is important to know when a trending market transitions to a ranging, sideways market because the latter will offer a better chance at capturing a deeply stretched indicator than when price is in a solid trend. See posts 73, 74, 75 on this. In some cases, the Keltner Channels do a better job of identifying a trading range than a momentum indicator such as Sigma Waves. The reason is because a momentum indicator with a solid slope does not always indicate strong momentum. Sometimes it can merely represent the "burning off," or reduction in momentum, after a strong price move in the other direction. The Keltners do not give that sometimes-false reading.

I also tested the Bollingers, which I set at 2.5 deviations and 20 ma, and they also increase the probability of a winning trade. Thank you again Serb for your contribution and planting the seed. This is what FF is all about.

Good trading to all
  • #78
  • Feb 14, 2015 7:32am Feb 14, 2015 7:32am
where can we get the indy LT sigma?
Know News/time; WAIT for Edge Entries, MPLC Normalization, Exits & TP's..
  • #79
  • Feb 14, 2015 1:58pm Feb 14, 2015 1:58pm
Quoting lc_invest
{quote} I have edited my first post. What potential clients you talking about ?
Hi Ic_invest,
i have seen your new edit on the post but i have ask you a question before which indicator you have used. please let me know..
thanks.


------------------SIGNATURE-----------------------
Download over 500 Forex Robots for FREE at: http://mt4talk.com/viewforum.php?id=3
Download over 2400 forex indicators for FREE at: http://mt4talk.com/viewforum.php?id=32
  • #80
  • Feb 14, 2015 9:41pm Feb 14, 2015 9:41pm
Two more observations of how a standard deviation indicator like LT Sigma or the Value Chart indicator in post 76 can be used by the trader:

First, in my years of trading, I have only come across two true leading indicators of price: momentum and volume. Today, I noticed that volatility as defined by a standard deviation indicator like LT Sigma or the Value Chart indicator will often lead price. So when price is in an uptrend and gets stretched to 2+ sigma (2+ standard deviations from its mean) so that it is in the red zone of LC Invest's chart, the indicator will sometimes peak on one bar while price continues higher and peaks on the next bar. This is a mini-divergence. Recognizing this provides the trader with added confidence that price will soon follow the indicator lower, usually on the next bar.

Second, this also means that the indicator will signal a reliable divergence setup of five or less bars in length from time to time. Imo, this would be a more reliable divergence setup than one using a standard MACD or a stochastic with a commonly-used setting.

Best trading
0 traders viewing now