High Flying Trading (HFT) Method

For me after every close in my direction. This means you are going to wind up with some scalps. I do it that way because you never know which candle will be the tall candle.

Dear jmn5611,

Thank you for the answer!
May I ask what time frame you are trading on?

With regards,

SP

If I am at home, M5. If I am not at home, H1.

Who are still in this? and which pair and TF? Anyone with forward testing?

Pair GBP/JPY
TF H4

Thank Dreamliner. it works.
easy to understand.
KISS.

Same, plus a few other pairs in H4 and GJ H1.
Looks promising sofar indeed.

Hi!I'm in.Got hurt on last thursday because of Draghis speech.TF is 12h, 15 pairs.Next week I will continue on D1 with 12 pairs.Reducing signals and risk. I'm using NLD for signals.SP

Interesting system, will study this.

Is this a dead thread?

Unfortunately seems so. A shame really I was enjoying Dreamliner's gentle way of teaching and what he was showing was very valuable I felt.

So sad to see that what seems to be a profitable system, a lot of followers who got off the topic scared the originator away.

I still think I will be studying and following the method.

I don't think that the EA caused the thread creator to leave but simply the deviation of original method and topic.

hi guys , i read all the information about the HFT stategy... I think is a good one... the main problem I see is what do you do when the market is already in movement ( down or up... ), how to input the market, you never know is the market reach the top or the bottom... how to reduce this kind of risk...only with stop loss...

for to add some trade I resolve the problem but I have to have near the beginning of the movement,
look the picture....

sorry for my English...

have a green's day

Liberty55

Hi Liberty,

Like any other form of trading, we never know when there is a top of a bottom.

I too have been looking at something to add in order to minimize losses especially when the 34 MA is flat.

I have experimented with the EA that was developed out of this system and am coming to the conclusion that the profits are much greater than the run of losses that may occur during the crossing of the 34 SMA. I think the expressions that need to be used here are exponential growth and linear losses.

The NLD seems to be a good way to minimize some of the losses but I am still thinking and scratching my head at something more efficient.

If anybody have any good ideas along with examples and proof to how we can minimize losses around the range and curvature of the 34 SMA, your thoughts are welcomed. I am thinking of possibly making my own EA of this system with a moderate twist, but not straight away as it is time consuming and rather discuss ideas first.

Cheers!

Daniel

thank you... i word to improve this system because I am sure it is good but we need to inter at the right place no matter what kinf of MA we use...

Liberty 55

I've read some posts of this topic and I must say that all of veteran traders go back to simple methods after a period of struggling with lots of indicators and methods because we change our view to the market and this business after a period of time if we are still in it. I believe, and I think the starter of the topic would think so, that the strong suit of this strategy is in managing and adding entries otherwise you can use any MAs with any periods or you can use other methods such as trend lines, which I think more accurate than random MAs, for finding the beginning of a trend. However I think a moving average with a correct period is more accurate than anything else but the question is what the correct period is?

For answering to this question let's get back to the concept of MAs and see what they are supposed to show us. As you all know an MA is an average of candles' prices that can be high, low etc. and the theory of using them is that any phenomenon tends to balance. MAs show us a trend where the price gets to a balance between sellers and buyers. Sometimes sellers disturb this balance and sometimes buyers. So this is a fight between them to win and change a trend. When they do that they make several tops and bottoms which make a trend. These tops and bottoms in a trend have a symmetry to its previous trend and will have symmetry to future trend however there will be some changes but the symmetry still works and we can use that. These changes are logical because every market is dynamic not static and every time there are people entering and exiting who can make bigger trends that you can see in higher timeframes but as I said small trends and tops and bottoms still work and have symmetry to their counterparts.

Having said that, we can use every random MA we like but if we want to be more precise I think it's better to take advantage of this symmetry to find the right period for our MA and be dynamic as the market is. By doing that we not only find a period for our main MA but we can find right periods for smaller trends and use those MAs for adding better entries instead of every opposite candle.

I've worked on this theory for years and I'll show you how it works with some photos in my next post however it takes some time to get used to it and can understand and use it properly. Hope it'll help you make this strategy more effective.

The originator of this post has left a long time ago so I hope I speak on behalf of all subscribers and readers of this thread.

"Your thoughts and presentation is very welcome here! "

Cheers!

Daniel

LAST POST OF THE NIGHT.

Well, it's late here in the UK and I thought I would post what I like to call my results with "Accidental Settings"

I was playing around with the settings as per usual and then I decided to put a value in LOT to 0.01

Now the reason I did this is because I was always filling in the next box Risk Percent to 1.01 which was fine.

In the old settings way, leaving the Lot to "0" and Risk Percent to 1.01, the backtesting was always trading 0.01 lots on each position being open.

Here is what I don't understand but have welcomed it. With Risk Percent left at 1.01 and Lot at 0.01, it started martingaling the strategy of buys and sells.

I only noticed this a lot later during the test as I noticed that my initial demo deposit of £500 did not crash

As you will see from the attached results I am to post, the Max DD is very deep. £729.55 (please note this is GBP and NOT USD)

Altogether and surprisingly I am very pleased for what to me I call "Accident Settings"

The test ran from 01/01/2015 to 31/03/2016 with pleasing results. This to me is encouraging for an EA that only has half a strategy built in.

Hope you all have a wonderful day/night!

Daniel

Hi All
Here are the results for March with graph and open P/L
Please refer to quote for last months results and the description of how I trade HFT




Chris
see you next month

I refer to this line of yours...
"I only noticed this a lot later during the test as I noticed that my initial demo deposit of 500 did not crash"

It didn't crash because of when you started doing the testing and that is obvious from your results BUT you have bigger DD then your $500 starting capital and if you started testing when this big DD happened your account would have crashed alright and quite easily.
The bottom line is that your account must start with sufficient funds to sustain the biggest DD you attained during testing and then some more.
Hope this helps.

OOOPS!

Even BIG OOOPS!

I posted something in the wrong thread.

Sorry!

Daniel