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SuperTrend most profitable forex Ind $50-$2000 in two Month

  • #101
  • Edited 12:00pm Dec 16, 2016 11:37am | Edited 12:00pm
Quoting ollyfx
{quote} Thanks very much, i will be happy am doing this to help others and people are sending me messages thanking me about this system that they just know. The account in question wasn't available because my system corrupted along the line and i was unable to retrieve it. but i do have the live trades i took during that time because i was recording all of my trading activities, an advice given by a fellow trader which i have as a proof, if you need it i will gladly send them to you thanks
Thank you Olly for your answer, if you do not have statement I cannot calculate my statistics, so I cannot have a proper assessment of potential here, sorry. It might be a several months of work required on our part so before we begin I must have something to analyze. Unfortunately video recordings are of no use for me, I cannot see/calculate the statistics I need (but if you wish I will review it, you can post it here or send me a private message if you like).

However I have a solution, maybe someone here will start this work, and after some time you will have a number of trades for me (at least 80-100 would be a good point of start for me) and I will join the work later? For my purposes it would be best to have a conservative string of trades, I'm not focusing as much on increase (% ) of capital as on diminishing risk, so I would prefer a conservative approach (for example excluding counter trend trades would be a plus). We can discuss this point further if you like, I can explain why.
  • #102
  • Dec 16, 2016 11:41am Dec 16, 2016 11:41am
i am sure we can all see how GBPUSD is reacting to the resistant i showed you on daily time from my last picture on the pair.

This is expected and we will wait for a trade-able setup on either 1h or 4 hours thanks
  • #103
  • Dec 16, 2016 12:19pm Dec 16, 2016 12:19pm
Second batch of the day trade
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  • #104
  • Dec 16, 2016 12:23pm Dec 16, 2016 12:23pm
Quoting Fred-IV
{quote} Thank you Olly for your answer, if you do not have statement I cannot calculate my statistics, so I cannot have a proper assessment of potential here, sorry. It might be a several months of work required on our part so before we begin I must have something to analyze. Unfortunately video recordings are of no use for me, I cannot see/calculate the statistics I need (but if you wish I will review it, you can post it here or send me a private message if you like). However I have a solution, maybe someone here will start this work, and after...

i will love to do whatever you like me to do, and also to help people here
  • #105
  • Edited 1:38am Dec 17, 2016 12:39am | Edited 1:38am
Good morning everybody, don't mind me my time is gmt+1. i will be coming in later today to deliver on my promise and what we are looking forward to by next week thanks
  • #106
  • Dec 18, 2016 7:06am Dec 18, 2016 7:06am
I see you are looking for a coder. If this system is profitable from now to end of March, I will take a look.

Quite frankly, I dont understnad how it works, but would be willing to learn if its worthwhile.
  • #107
  • Dec 18, 2016 7:20am Dec 18, 2016 7:20am
@Ollyfx:
You showed some good trades. Good job.
What about the other?

Can you show us your Trade Explorer or Myfxbook, for an overview with your system?
  • #108
  • Dec 18, 2016 7:24am Dec 18, 2016 7:24am
i promised to analyze market here over the weekend and give you some insight about this.

Firstly things to note,

The system is more of trend trading system meaning trades can run for couple of hours to days

System can be used on any time frame depending on your style of trading

I prefer multi- time frame approach in trading the system.

Always allow your stop to be hit or profit to be taken,

You can use additional trade management tool to manage trade like quick trailing or any other thing to book more profit, and you can also use built in trailing of the system for trade management .

I will analyze EURUSD here today as promised. i chose eurusd because it is the most traded pair withlow spread making it the best choice of many traders.


Trading multiple Time frame base on my system is very very profitable and safe,


EURUSD DIRECTION DOWN( STRONG)

DAILY DOWN
4HOUR DOWN
1HOUR DOWN

One 1 hour time frame the pair is trading to the down side but close to our first resistant level @ 1.04646 this level is our first reversal level since the pair is rallying to the up side, we expect to see the market bounced back downward from there, if this level is broken we expect to see another market reaction at the next level of resistant @ 1.04969 which can be an ultimate level on 1hour time frame.

Break and close above 1.04646 will trigger a weak buy trade on this pair and a corresponding take profit target @1.04969. A strong buy signal which is the second entry will be triggered on the second close above the second level of resistant on the pair on 1 hour time frame with our profit target @1.05217,
which is the first resistant level on 4hour time frame,

First buy on 4hour time frame will be triggered on close above our 1.05217 with a target at 1.05939. This analysis is taking into account if the price follows the upward direction on this pair.

If not sell continuation will be triggered when the current resistant line is tested and holds. Thanks
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  • #109
  • Dec 18, 2016 9:51am Dec 18, 2016 9:51am
@Ollyfx, great job. Ola I guess. Listen to the accent in your video. Good to see my brothers doing great works here.

E ku ise.
  • #110
  • Dec 18, 2016 12:01pm Dec 18, 2016 12:01pm
Quoting Ducdaovn
@Ollyfx: You showed some good trades. Good job. What about the other? Can you show us your Trade Explorer or Myfxbook, for an overview with your system?
i don't have any but i will open a trade explorer here just for that
  • #111
  • Dec 18, 2016 5:37pm Dec 18, 2016 5:37pm
Perhaps somebody can help me out here.

I viewed the video. That seems clear enough, yet I have a lot of questions. There are other situations that you have not covered / explained.
What are the rules when only the 2.5 ATR crosses and the 4.0 ATR stays on the other side (ranging)? Still use the 4.0 at 1st TP?
What do you do when your trade never hits its TP?
Do you disregard all other signals until the TP is hit?

And your GBP/JPY example? You are now entering after price bounces off of the 4.0 ATR? (After there was a prior sell?)

Seems to me that there are exceptions or rules that have not been clearly stated.

As an example, I include a picture of the EUR/USD as of this hour. I marked it as I understand the rules. Can you please clarify?

Restating myself, all of this is not clear to me. Once it is, then making an EA to (back and forward) test this would not be too difficult.
What I want is a well thought out, clear, detailed, written step by step set of rules.


Very appreciative. Thanking all in advance.
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  • #112
  • Dec 19, 2016 1:38am Dec 19, 2016 1:38am
Well after a long time of trading our gbpjpy it seems we have reach a turning point and finally SL was hit about 10minutes ago and EURJPY take profit was just hit too at about the same pips. gbpjpy new order was triggered on 1h time frame now. AUDJPY STILL counting the pips now about 100pips

Note that the right time to trade gbpjpy is not now as it will be ok to wait for the rally up to retest the support
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  • #113
  • Dec 19, 2016 1:40am Dec 19, 2016 1:40am
Quoting Kaydoubleyou
Perhaps somebody can help me out here. I viewed the video. That seems clear enough, yet I have a lot of questions. There are other situations that you have not covered / explained. What are the rules when only the 2.5 ATR crosses and the 4.0 ATR stays on the other side (ranging)? Still use the 4.0 at 1st TP? What do you do when your trade never hits its TP? Do you disregard all other signals until the TP is hit? And your GBP/JPY example? You are now entering after price bounces off of the 4.0 ATR? (After there was a prior sell?) Seems to me that...
sorry the picture is too big i will appreciate it if you can make it smaller so that i can see what you are saying clearly thanks
  • #114
  • Dec 19, 2016 2:26am Dec 19, 2016 2:26am
Hi
Sell EU H1. Right ?
(H4 EU is RED : Sell too)

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  • #115
  • Dec 19, 2016 2:32am Dec 19, 2016 2:32am
Quoting le celte
Hi Sell EU H1. Right ? (H4 EU is RED : Sell too) {image}
Wouldn't a break of the red line trigger a buy order with tp on the second red line? and a sell trigger would be at the break of the blue dots?

I am trying to understand this method
Dragon Rider
  • #116
  • Edited 3:49am Dec 19, 2016 3:22am | Edited 3:49am
Quoting barloc
{quote} I am trying to understand this method
Me too ! lol

Ollyfx sometimes gives contradictory examples. I think that he himself is trying to develop his strategy ...
  • #117
  • Dec 19, 2016 4:12am Dec 19, 2016 4:12am
What I understand about the Ollyfx method:

if you play in H1;
1 - first look at H4 to know the meaning of the trend.
2 - Then play the breakout ATR in H1

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  • #118
  • Dec 19, 2016 4:52am Dec 19, 2016 4:52am
and EU is winning.
At the half of TP I put the SL at BE.
Why not Olly ?

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  • #119
  • Dec 19, 2016 5:23am Dec 19, 2016 5:23am
Quoting le celte
What I understand about the Ollyfx method: if you play in H1; 1 - first look at H4 to know the meaning of the trend. 2 - Then play the breakout ATR in H1 {image}

well well well l i never gave a contradictory order. i told you that if we had a close above the red line its buy, that order on 1h is buy order not sell, but the 4hour is still selling and you will see where i placed my lines on the 4hours.

i have been using this system more than 2 years i know everything about it.
  • #120
  • Dec 19, 2016 5:28am Dec 19, 2016 5:28am
Base on my analysis you will see that the expected buy order that came in on hour time frame will be resisted on that blue line, nevertheless taking a sell from that point is not a bad idea because 4h is selling and we can go in that direction too to that blue line as profit taking level. This system is powerful and it defines everything happening. i will be updating you. buy trade will be triggered once we see a reversal candle at that blue line after our profit has been hit.
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