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High Flying Trading (HFT) Method

  • #321
  • Feb 10, 2016 9:41pm Feb 10, 2016 9:41pm
Nice Work and contribution Tarwada. looking anxiously your Ea ..........
I have been working on this from last one week manually. it is yielding excellent results on H4 and Daily TF. smaller time frames has various wisphas . Hope all members will potentially contribute to make this strategy a fool proof .
  • #322
  • Feb 11, 2016 12:21am Feb 11, 2016 12:21am
Quoting krismitt
{quote} Good suggestion, but this would be a much different system from the HFT Method, IMHO. Regards
That is very true. I put the suggestion forward for a trader who was concerned about excessive drawdown on a quick trend reversal. It will definitely reduce his risk, but it will also reduce his profit potential. The goal of any trader is to find the "Happy Medium" between risk and reward (And NO you cannot reduce all the risk and still have the reward). There are other ways to reduce the risk factor too. I personally have reduced the risk through a more responsive trigger method than the 34 SMA.

GREEN pips to one and all, and enjoy your flight on "GREEN PIPS" airlines.
  • #323
  • Feb 11, 2016 5:41am Feb 11, 2016 5:41am
Quoting SmoothTrader
{quote} That is very true. I put the suggestion forward for a trader who was concerned about excessive drawdown on a quick trend reversal. It will definitely reduce his risk, but it will also reduce his profit potential. The goal of any trader is to find the "Happy Medium" between risk and reward (And NO you cannot reduce all the risk and still have the reward). There are other ways to reduce the risk factor too. I personally have reduced the risk through a more responsive trigger method than the 34 SMA. GREEN pips to one and all, and enjoy your...
Hi, please tell me more about your triger method, and could you please pos a chart with a trade that you are just entering?
thanks
he, alone, was to blame for his losses in the zero-sum game
  • #324
  • Feb 11, 2016 6:42am Feb 11, 2016 6:42am
here's a demo tests of my our EA with variant settings

Broker :TickMill
MT4 : https://download.mql5.com/cdn/web/70...mill4setup.exe
initial deposit : 200 (almost all accounts are doubled in less than one day lol)
leverage : 500
account type : Standard
Pair : GBP/JPY
Time Frame : H1
================================================

default settings test

Login: 2089050422
Password: 1hzhmti

================================================

exit when open losses reach -100$ test

Login: 2089050423
Password: wnbx0mh

================================================

exit when open losses reach -100$ or profits reach 100$ test

Login: 2089050424
Password: anc7klo
Think Twice , Code Once.
  • #325
  • Feb 11, 2016 7:11am Feb 11, 2016 7:11am
Its a great system and I love it!

But remember the markets are trending hard at the moment, and this works best with heavily trending markets. I've got no doubt it's a great system. But its just particularly great at the moment. Don't get complacent.

Thanks to all that have added to this thread. I love you guys (well some of you) xx
  • #326
  • Feb 11, 2016 8:39am Feb 11, 2016 8:39am
Quoting tarwada
here's a demo tests of my our EA with variant settings Broker :TickMill MT4 : https://download.mql5.com/cdn/web/70...mill4setup.exe initial deposit : 200 (almost all accounts are doubled in less than one day lol) leverage : 500 account type : Standard Pair : GBP/JPY Time Frame : H1 ================================================ default settings test Login: 2089050422 Password: 1hzhmti ================================================ exit when open losses reach -100$ test Login: 2089050423 Password: wnbx0mh ================================================...
Hi Tarwada,

Just downloaded Tickmill setup and following along, great results, when the EA is ready I will put it up and share results,
Thanks for sharing and thanks to Dreamliner for starting this tread
AJ
  • #327
  • Edited 11:05am Feb 11, 2016 10:15am | Edited 11:05am
Quoting comoestas
{quote} Hi, please tell me more about your triger method, and could you please pos a chart with a trade that you are just entering? thanks
A couple of traders have also PM'd me requesting the indicator that I use as a trigger.

Just as I explained to them, move the attached indicator to your MT4 Indicators Folder and insert it on to your Daily chart.

Instead of the trigger being a cross of the 34 SMA, the trigger would be the color change of the NonLagDot (NLD) from Red to Blue for Buys, and Blue to Red for Sells. EVERYTHING else about Dreamliner's HFT system remains the SAME.

Here is a screen shot with both the 34 SMA and the NLD indicators on the same Cad/Jpy chart that Dreamliner used for his illustrations.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (35).png Size: 33 KB


Test it on the charts of your choosing and see if it fits your trading style.

GREEN pips to one and all.


Attached File(s)
File Type: mq4 nonlagdot.mq4   5 KB | 980 downloads

Attached File(s)
File Type: ex4 nonlagdot.ex4   15 KB | 745 downloads
  • #328
  • Feb 11, 2016 11:27am Feb 11, 2016 11:27am
Quoting tarwada
here's a demo tests of my our EA with variant settings Broker :TickMill MT4 : https://download.mql5.com/cdn/web/70...mill4setup.exe initial deposit : 200 (almost all accounts are doubled in less than one day lol) leverage : 500 account type : Standard Pair : GBP/JPY Time Frame : H1 ================================================ default settings test Login: 2089050422 Password: 1hzhmti ================================================ exit when open losses reach -100$ test Login: 2089050423 Password: wnbx0mh ================================================...
Where can I find EA?
Please excuse the bad English via Google Translate.
  • #329
  • Feb 11, 2016 11:45am Feb 11, 2016 11:45am
Quoting dokopy
{quote} Where can I find EA?
Hit the link.

https://download.mql5.com/cdn/web/70...mill4setup.exe
  • #330
  • Feb 11, 2016 11:57am Feb 11, 2016 11:57am
Quoting dokopy
{quote} Where can I find EA?
i haven't released it yet
Think Twice , Code Once.
  • #331
  • Feb 11, 2016 12:49pm Feb 11, 2016 12:49pm
[Quote = tarwada; 8748673] {quote} i nezverejnili to ešte [/ quote]
Please can you give here *.ex4 and *.set files ?
Please excuse the bad English via Google Translate.
  • #332
  • Feb 11, 2016 1:05pm Feb 11, 2016 1:05pm
Second flight are at terminal and passengers are going out.
Now 5,5 % more in my account.

Perfection is the enemy of good enough!
  • #333
  • Feb 11, 2016 2:01pm Feb 11, 2016 2:01pm
Quoting dokopy
[Quote = tarwada; 8748673] {quote} i nezverejnili to ete [/ quote] Please can you give here *.ex4 and *.set files ?
wait for the release
Think Twice , Code Once.
  • #334
  • Feb 11, 2016 2:26pm Feb 11, 2016 2:26pm
Quoting SmoothTrader
{quote} A couple of traders have also PM'd me requesting the indicator that I use as a trigger. Just as I explained to them, move the attached indicator to your MT4 Indicators Folder and insert it on to your Daily chart. Instead of the trigger being a cross of the 34 SMA, the trigger would be the color change of the NonLagDot (NLD) from Red to Blue for Buys, and Blue to Red for Sells. EVERYTHING else about Dreamliner's HFT system remains the SAME. Here is a screen shot with both the 34 SMA and the NLD indicators on the same Cad/Jpy chart that Dreamliner...
Thanks
he, alone, was to blame for his losses in the zero-sum game
  • #335
  • Feb 11, 2016 2:26pm Feb 11, 2016 2:26pm
can't wait!!
  • #336
  • Feb 11, 2016 2:53pm Feb 11, 2016 2:53pm
seems as if from that one screenshot the NLD is more responsive than the 34 SMA. over time it is to observe if its more susceptible to whipsaws

Quoting SmoothTrader
{quote} A couple of traders have also PM'd me requesting the indicator that I use as a trigger. Just as I explained to them, move the attached indicator to your MT4 Indicators Folder and insert it on to your Daily chart. Instead of the trigger being a cross of the 34 SMA, the trigger would be the color change of the NonLagDot (NLD) from Red to Blue for Buys, and Blue to Red for Sells. EVERYTHING else about Dreamliner's HFT system remains the SAME. Here is a screen shot with both the 34 SMA and the NLD indicators on the same Cad/Jpy chart that Dreamliner...
  • #337
  • Feb 11, 2016 3:24pm Feb 11, 2016 3:24pm
Quoting blamshakk
seems as if from that one screenshot the NLD is more responsive than the 34 SMA. over time it is to observe if its more susceptible to whipsaws {quote}
Due to its increased responsiveness, I believe it will have more whipsaws, BUT smaller whipsaws. It will also get into the trend quicker and out quicker reducing some of the losses on the secondary trades.

Each trader should test and find the trigger that they are most comfortable with. There is NO Perfect trigger.

The main focus should be on getting onto the "Flights" and staying on the "Flights" for the LONG haul. We want to participate and Buy as many "Tickets" to fly as we can. The trigger method is only a minor part of the strength of Dreamliner's HFT System. When you focus too much on buying a Ticket on the PERFECT "Flight" by avoiding any weather, air traffic delays, maintenance, or any other problems, you will miss too many "Flights." Some will not have gone to your desired location, but odds are many of them would have and you missed them.

Because we want to buy as many tickets as we can, we have to make sure that the cost of the tickets, along with all of their maintenance, ground support and delay costs, is not too expensive. The two most important things that we need to do are to have a GOOD trigger method (NOT a PERFECT One), and to make sure that our Lot sizing is extremely conservative so that we can bare many (20 plus) worthless tickets because of delays of one sort or another. I know trading full lots is sexy and macho, but to do that on a portfolio of 12 or so pairs would require an account balance of at least $100,000 minimum, and more likely a lot more to be comfortable. I know .01 Lots aren't manly or exciting, but they can get the job of proving the system and increasing your account balance done. Dreamliner never promised an around the world first class trip on "GREEN PIPS" airline tomorrow to you. He gave you the tools to accumulate all the airline miles you will ever need to take such trips, but it will take time, study, participation, and commitment to see it through.

GREEN pips to one and all.
  • #338
  • Edited Feb 12, 2016 6:16am Feb 11, 2016 3:35pm | Edited Feb 12, 2016 6:16am
In-spite of all capabilities of being a profitable system, however this System has following limitations (or deficiencies)

(1) It provides no way to filter (or minimize) the SLs happening in ranging market.
(2) Entry on Cross of EMA 34 is not a strong evident to go Short or long.
(3) No exact way when to exit.

As a forex geek, I made the following amendments to the system. Perhaps next week or week after, I will give a try to test following system.

System Components: EMA 200, EMA 50, EMA 21 And Copock Indicator.

System Concepts:
(i) Bullish Trend: A pair will be in bullish Trend if EMA 200 less than EMA 50 and less than EMA 21 AND Price above all three EMAs.
(i) Bearish Trend: A pair will be in bearish Trend if EMA 200 greater EMA 50 and greater 21 AND Price below all three EMAs.
BUY Entry :
(i) Bullish Trend
(ii) Copock Greater than 0 && Less than 1 (Green Line)
Triger : Previous Candle with an open above 200 ,50 and 21 EMA, Low below 21 EMA and Close above 21 EMA.
SL: A candle with full body below EMA 50 (or optionally below 21 EMA to keep DD low).
TP: (a) Risk Reward Ratio. (b) Opposite copock Signal (copock crossing 0 from above to below) (c) Copock touch Level 1.

SELL Entry:
(i) Bearish Trend
(i) Copock Less than Zero and Greater than -1 (Red Line)
Triger: Previous Candle With an open below EMA 200,50,21, High above 21 and Close below 21.
SL: A candle with full body above EMA 50.(or optionally above 21 EMA to keep DD low).
TP: (a) Risk Reward Ratio (b) Opposite Copock Signal (copock crossing 0 from below to above) (c) Cupock Touching Level -1

RE-Entries:
Re-Entries can be made each time the trigger is happening. With the condition that new entry must be on price better than previous trade.

Why this much Specific definition of Trend?
If we follow this definition, then it will in most cases Handle deficiency (1)
Why this much Specification for Entry Trigger?
This somehow guaranties that we are out of ranging market. And our trade is already in a right direction. And this specific trigger handles deficiency (2).


The testing template and required indicator is attached.

Wish you all Best of luck.
Attached File(s)
File Type: zip HFT Test.zip   24 KB | 1,141 downloads
Forex; the game of movements not the game of candles.
  • #339
  • Feb 11, 2016 3:54pm Feb 11, 2016 3:54pm
[quote=sajidkust;8749094]
Here is an example of possible Long Entry.
Attached Image (click to enlarge)
Click to Enlarge Name: Buy Example.png Size: 51 KB
Forex; the game of movements not the game of candles.
  • #340
  • Feb 11, 2016 3:58pm Feb 11, 2016 3:58pm
Quoting SmoothTrader
{quote} Due to its increased responsiveness, I believe it will have more whipsaws, BUT smaller whipsaws. It will also get into the trend quicker and out quicker reducing some of the losses on the secondary trades. Each trader should test and find the trigger that they are most comfortable with. There is NO Perfect trigger. The main focus should be on getting onto the "Flights" and staying on the "Flights" for the LONG haul. We want to participate and Buy as many "Tickets" to fly as we can. The trigger method is only a minor part of the strength...
Nice post SmoothTrader!.

Cheers.
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