High Flying Trading (HFT) Method

I am trying this entry on AJ, hopefully good flight.

if any one correct this indicater . then we put know in one chart distance between 1 sma to 34 sma in 4 hour and day

If you are interested, i use this indicator that gives the alert when the price touch or is nearly to touch (pips customized) the ma.

You can decide the parametes of the ma and the alert in the setting. Anyway the ma of this indicator is not showed in the chart, but it is there and the alert works. You can put the 34 SMA of MT4 and the 2pipsMA with the proper setting.



Syl

Attantion i say attantion , this time h4 candil having so many pairs like gbpjay, aud jpy, chf jpy, eurjpy, aud cad,cadchf,euraud, gbpcadaudchf,cadjpy,eurcad,gbpchf. And in near future eurchf flights r ready to take off. The problem is retail passanger having low margin how many flight rides or sit

Genuine question. How do you exit the trade for profit? Could just be me but can't find that anywhere. Thank you.

it's in dreamliners posts

when price CLOSES below/above the 34 SMA

Thank you.

Hi all,

I've been focusing this idea, especially MA powers for some time. I think EMA10 + EMA20 look promising.

That'd be a real shortcut, if someone could back test on majors. I just thought it's impossible to back test, because we will decide which MA will fit on our chart. (Please take a look at image and you'll get what I mean)

Please correct me if I'm wrong about back test. (I hope I am

Rule is almost the same as Dreamliner described, except EMA10 + EMA20 combo.

I'd appreciate all you guys comments on this.

Cheers, morican

Another example ( this time good one) attached.

Like Dreamliner explained, when we get the good one, it'll be profitable. Till then we'll go on paying operating cost.

Cheers, morican

Yes, without any maintance cost this is more than dificult and must entered in calculation.
I have made today 13% in one week to my demo acount.

I have focused from highest to the TF i enter my trades. For the finetune i have respected one TF below. This time it was a nice flight with some winds and shaking plane, but i landed it how dreamliner teached.

Greets Michael

It seems like this thread/ Flight has dissapeared over the Bermuda Triangle.....​

Hey Morican. I actually entered the GBP/JPY trade short where you took a pic of the chart above. I will follow the HFT system and see how the flight goes.

Hi Peteypips,

I think we understand what Dreamliner said. We just need to follow the rules with patience.

Cheers, morican

PATIENCE is a Virtue and the markets will Reward those that exercise it wisely with many GREEN pips.

Remember it's not the entry or the exit that makes you money, it's the patiently waiting between the two that yields all the rewards.

GREEN pips to one and all.

Well said!

Cheers, morican

Yep this is the very important . +1 for you.

[quote=Dreamliner;8724868]Greetings all, now home from my long flight, and will post more of my method. Everybody always wants to know about ranging markets, how to handle the whipsaws, etc. This is good and right, for we are simply trying to minimize losses. Every business should do this. I have spent the last 10 years studying ways to minimize whipsaw. Ive read practically every thread on Forex Factory and have studied with mentors outside of Forex Factory, always seeking the illusive answer to minimizing losses during flat markets. I made it my goal to figure out how to do this.

DELAYS BEFORE TAKE-OFF

Hello Dreamliner/Traders:

I have been glued to this flight since its inception; Love it; have checked out every seat; love them; enjoyed all the comments and contributions.

"...I made it my goal to figure out how to do this...", Dreamliner.

Been thinking of a method to minimize (not to eliminate) the whipsaws as well during the periods of maintenance delays, baggage loading delays, weather delays, Crew delays and Air Traffic Control delays. Specific reference is made to Dreamliners chart below:-



Pair: CADJPY
Timeframe: H4
Time Interval: From 2015.11.25 12:00 to 2015.12.07 04:00

Not sure how many of us here are familiar with the Ichimoku Cloud Indicator but I thought it might make an excellent fit to Dreamliners HFT Method, since it is Cloud Based.

I would like our MT4 Programmers here to take a shot at Coding this system and back-testing it using the same parameters from the Pre-Take-Off Delays above. And then, of course, to test the system for the entire trade, and others.

SYSTEM RULES

Preamble to note: This is not a new system; it is simply an investigation into a methodology for eliminating the pre-flight delays in Dreamliner's Method. Also, this will not get us into the Trade at the very start of the Trend owing to the rules (price action must be below cloud for short trades for example) but let's start here and with the dialogue, input and critique here we may just end up with a good filter.

Indicators

Ichimoku Cloud
Bill Williams Fractals
34SMA

Timeframe H4
H4

Step 1
Candle breaks and closes below 34SMA. If yes go to Step 2

Step 2
Full body Bearish Candle forms with open and close prices below 34SMA. If yes go to Step 3 (Bullush Candle for Long Setups)

Step 3
Tanken Sen is below Kijun Sen; minimum cross to be 2 pips. If yes go to Step 4.

Step 4
34SMA is below Cloud. If yes go to Step 5

Step 5
Is Price below Cloud. If yes go to Step 6

Note: If no for any of the above Steps then go back to Step 1

Step 6 - Entry
Open Short position at open of the next candle (92.003)
Stop Loss at most recent (previous) Fractal High (92.377)

Attached Image (click to enlarge)

Chart showing Operational Delays between December 25, 2015 to December 7, 2015 and all Candles breaking and closing below the 34SMA (C1C7), to be tested for false clearance.

Note small ticks in Figure above showing where there are full candle bodies with open and close below the 34SMA following the signal candle (candles C1, C3, C4, C6 and C7). I have also used an x to show where this is not the case, as in Candles C2, C5

In Figure below, I have shown the indicators being used as Filter; the Ichimoku Cloud with default settings and the Bill Williams Fractals.

Attached Image (click to enlarge)

Ichimoku Cloud and Fractals added as Filter

Step 7, Etc

Remaining Steps for adding to initial position and other Money Management procedures per Dreamliners Method.

Further Comments:

Lets examine all the candles breaking and closing below the 34SMA, providing a potential Trade Setup:-

C1: Breaks 34SMA, followed by a full body bearish candle with open and close below the 34SMA but Tanken Sen is above Kijun Sen so signal ignored;
C2: Breaks 34SMA but next candle closes above 34SMA so signal ignored;
C3: Breaks 34SMA, followed by a full body bearish candle with open and close below the 34SMA but Tanken Sen is above Kijun Sen so signal ignored;
C4: Breaks 34SMA, followed by a full body bearish candle with open and close below the 34SMA but Tanken Sen is not below Kijun Sen so signal ignored;
C5: Breaks 34SMA but the next candle closed above 34SMA hence signal ignored;
C6: Breaks 34SMA, followed by full body bearish candle with open and close below 34SMA but 34SMA is in the Cloud so signal ignored
C7: Breaks 34SMA, followed by full body bearish candle with open and close below the 34SMA. Tanken Sen is below Kijun Sen and the 34SMA is below the Cloud. Signal Valid!.



As it has turned out, all the signals, except the entry as traded by Dreamliner have been invalidated by this System as False Clearances for Take-Off, resulting in the following Entry:-

Short at 92.003 (almost exactly at the same candle as Dreamliner)
Stop Loss at 92.377 (previous fractal)

Aye aye Captain!

Over to you MT4 Programmers!.

Of course suggestions for improvement are most welcome.

Cheers.