BTW, I traded Gohstbikers Renko system for 2 days (real money)...5 winners one small looser!!
AUDUSD
EURAUD
EURGBP
EURUSD
GBPUSD
USDCAD
USDJPY
Jobing daily 50-100 pips 3 replies
Reality of trading system and daily 100 pips 2 replies
Honey Bunches of Pips (Easy system for newbie traders) 25 replies
Easy 45 pips strategy 2 replies
100 pip STOP for a 100 pip Target 7 replies
DislikedI managed to manually backtest the 100pip system for GBPCAD for the month of september 2016 considering the following (for a long entry, short entry is the opposite): 1. Green dot appeared on H1 2. Evo-slope changed to green on H1 3. Blue line crossed the yellow line above on H1 4. All 5 arrows turned bright green on M15 5. Fisher Yurik is green for the last H1 bar The result was -1.5% for a 1000USD account and 0.04 lots each trade (50 pipis SL and 25 pips TP). The orders were given on M15 timeframe. The third trade was a mistake (closed it on BE),...Ignored
Disliked- stay out from GBP pairs (have I in my System 100Pips System GBP pairs ?) - can you see CAD pairs ? I NOT ! - what will you me say with back tests ?Ignored
Disliked{quote}{quote} ok, I know why that is - I did not plan on using DAX or Gold - I don't usually dabble in things I do not really understand. This 1Click EA was meant for currencies only But it's easy to fix it - I need to adjust the substr() function to work slightly differently for Gold and DAX - these are just text labels nothing more I will add them later, if I have timeIgnored
DislikedI managed to manually backtest the 100pip system for GBPCAD for the month of september 2016 considering the followingIgnored
Disliked{quote} Before I start using a system I always backtest first. It's not my intention to invalidate your system. I think in this case is the opposite (stay out of GBP pairs). I'm just trying to have a broader picture of the system. Although one month is not relevant for a long term becktest, I think the last month is the most important in pointing out the current market conditions. Given the time it takes me to test this system and the amount of time I have for backtesting I think "the last month" is the least I could do, since I think your system...Ignored
QuoteDislikedHi alecsa, good work however for likes of DJ30 or GOLD as on my chartting i get GOL/D or DJ3/0
not knocking you at all just wondering is there any thing that can be done easily so that one has room to put there pairs how they are labled as some may also have ecn and then a pair maybe labled USD/JPYecn or something of that nature
DislikedOne thing worth mentioning in any forex system is STOP HUNTING!! 70% of the volume traded runs under 5 big banks...(you can google the exact number). And they MANIPULATE the market .They have the power to spike a pair to run stops. These are called "liquidity pools", where most retailers have their stops (which they can see), which get hit to fuel the next move. Just open a naked chart, spot the typical places where anybody will place a stop, scroll back and you will find that almost every big move on any time frame...Ignored
DislikedI managed to manually backtest the 100pip system for GBPCAD for the month of september 2016 considering the following (for a long entry, short entry is the opposite): 1. Green dot appeared on H1 2. Evo-slope changed to green on H1 3. Blue line crossed the yellow line above on H1 4. All 5 arrows turned bright green on M15 5. Fisher Yurik is green for the last H1 bar The result was -1.5% for a 1000USD account and 0.04 lots each trade (50 pipis SL and 25 pips TP). The orders were given on M15 timeframe. The third trade was a mistake (closed it on BE),...Ignored
Disliked{quote} Hi Muon, Thanks for the effort, but one thing though: "The orders were given on M15 timeframe." We must trade off the 1HR time frame. M15 is only for confirmation. ThanksIgnored