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London close trading system for currencies

  • #21
  • Jul 10, 2016 8:24pm Jul 10, 2016 8:24pm
ghostbiker from the german inofficial forexfactory version "forexfabrik.de" ?
"If it wasn't hard everyone would do it. Its the hard that makes it great."
  • #22
  • Jul 11, 2016 2:50am Jul 11, 2016 2:50am
Hello ghostbiker, thanks a lot for sharing your system. It seems to bee successfully

is there any possibility to fix Fibo to day before?
From tf 15' and higher it is so
but timeframes less M15 show Fibo depending on todays high/low
  • #23
  • Edited 3:20am Jul 11, 2016 2:54am | Edited 3:20am
I'm the original not a copy

- the TF for London close trading is M15 not lower

- the Indicator start 22:00 GMT with the Fibonacci Chart (Indicator "time zones and color zones" Post # 2)
and must end 16:00 GMT = 72 x 15

- here you have the high low from today now

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Fibo_Color_72.JPG Size: 124 KB
  • #24
  • Jul 11, 2016 3:10am Jul 11, 2016 3:10am
Quoting ghostbiker
I'm the original not a copy - the TF for London close trading is M15 not lower - the Indicator start 22:00 GMT with the Fibonacci Chart (Indicator "time zones" Post # 2) and must end 16:00 GMT = 72 x 15
thx, I will try it out tomorrow
  • #25
  • Jul 11, 2016 4:10am Jul 11, 2016 4:10am
Did you try this system in other pairs? if you tried what is the result ?
  • #26
  • Edited 4:49am Jul 11, 2016 4:32am | Edited 4:49am
Quoting ghostbiker
I'm the original not a copy - the TF for London close trading is M15 not lower - the Indicator start 22:00 GMT with the Fibonacci Chart (Indicator "time zones and color zones" Post # 2) and must end 16:00 GMT = 72 x 15 - here you have the high low from today now {image}
Hi!

How do you define the 100. fibo? Because todays high was around 1.10558 but your 100. fibo level seems to be few pips higher?

Edit: Is this correctly set?

Thanks!
Attached Image (click to enlarge)
Click to Enlarge Name: chartfibo.png Size: 64 KB
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
  • #27
  • Edited 8:01am Jul 11, 2016 5:39am | Edited 8:01am
@Michisuperfr: it is nice you to see here

- yes I look this is correct and will expand up to 16:00 GMT

- 16:00 GMT is the price line between Fibonacci 100 and 0 and you can look exactly high/low

@fulltime: this 14 !!! pairs are enough for manually trading in a short time,
other pairs not so good in the winrate, but you can test it
  • #28
  • Jul 11, 2016 6:11am Jul 11, 2016 6:11am
please load set file, cant seem to get indicators correct, set file or template
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #29
  • Jul 11, 2016 6:21am Jul 11, 2016 6:21am
This system seems to have a really bad RR ratio, @Ghost: in your 3 years of trading this system live, how often do you encounter a loosing month?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #30
  • Jul 11, 2016 6:34am Jul 11, 2016 6:34am
Quoting Soros
This system seems to have a really bad RR ratio, @Ghost: in your 3 years of trading this system live, how often do you encounter a loosing month?
A set file would be nice if possible thanks. Yes I also looked at RR ratio...
  • #31
  • Edited 6:52am Jul 11, 2016 6:38am | Edited 6:52am
@Mister Soros: not one week, not one month, not one year with this system in minus
winrate minimum 80% - 90% if you make the orders exactly with the rules

Here the settings of the 2 indicators: please change the time, my Broker is 01:00 if the GMT 23:00
Attached File(s)
File Type: rar Set_files.rar   < 1 KB | 1,350 downloads
  • #32
  • Jul 11, 2016 6:40am Jul 11, 2016 6:40am
Quoting ghostbiker
@Mister Soros: not one week, not one month, not one year with this system in minus winrate minimum 80% - 90% if you make the orders exactly with the rules
please can you post your set files
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #33
  • Jul 11, 2016 6:48am Jul 11, 2016 6:48am
Quoting ghostbiker
@Mister Soros: not one week, not one month, not one year with this system in minus winrate minimum 80% - 90% if you make the orders exactly with the rules Here the settings of the 2 indicators: can't not upload set files (not supported)
Try to upload a template please. Goodness that is brilliant!
  • #34
  • Jul 11, 2016 7:14am Jul 11, 2016 7:14am
@Ghost: I know that you are being generous and that you don't owe us anything but i have to ask this question, do you have any proof that this strategy has been profitable for 3 years straight? im sorry if this question comes out as being rude but you made a very bold statement, im not saying i dont believe you, im just saying that more proof is needed to validate it.
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #35
  • Jul 11, 2016 7:38am Jul 11, 2016 7:38am
Hi dear, ghostbike

Till now I don't understand your system properly , Better if you upload 2 different pending buy & sell position Image to help me & other for understanding your great system . Thanks in Advanced .
Any broker, same result
  • #36
  • Jul 11, 2016 7:57am Jul 11, 2016 7:57am
Quoting Soros
@Ghost: ...im sorry if this question comes out as being rude but you made a very bold statement, im not saying i dont believe you, im just saying that more proof is needed to validate it.
I believe that GB you got nothing to prove. Test the system a few weeks and only if you no make profits, then ask why. I find quite exaggerated to ask notarial prove for a free system idea, because this forum is not in Switzerland.
  • #37
  • Jul 11, 2016 7:58am Jul 11, 2016 7:58am
Quoting ghostbiker
Here the 2 Fibonacci Indicators for the London close System {file} {file} settings fibo color {image}{image} trading pairs: AUDCHF - AUDUSD - CHFJPY - EURAUD - EURCHF - EURGBP EURJPY - EURUSD - GBPAUD - GBPCHF - GBPJPY - GBPUSD - USDCHF - USDJPY here my orders from friday 08.07.2016 with this System {image} the order # 55841384 is'nt with this system, the last order I have closed because friday one hour after start
Ghostbiker,

Thank you for sharing your strategy.
Could you please explain graphing Fibonacci on chart why from your last Friday 08.07.2016 orders a buy order has been triggered for EURUSD at 1.10363 ?
  • #38
  • Jul 11, 2016 7:58am Jul 11, 2016 7:58am
@Soros: you must trade it forward from now on and looking

I trade this London close System with a other System EA both in one account

Attached Image (click to enlarge)
Click to Enlarge Name: ZZ_Loclose_11.07.JPG Size: 52 KB


the DD is from the other System EA NOT from the LO close System
  • #39
  • Jul 11, 2016 8:26am Jul 11, 2016 8:26am
Nice Graph. From what I'm able to figure out, based on colors, it appears that AudUsd & GbpUsd account for almost half of your profit.

Is this about right? Thanks
  • #40
  • Jul 11, 2016 8:31am Jul 11, 2016 8:31am
- EURUSD and EURCHF is most orders, but from the other EA / EU and EF come not often with LOndon close

- it is NOT from the London close 23.6 trading, LO close have the other 50% Orders
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