Excellent work nev!

Awesome trading there but I see you have been over trading If you are able to make clear and good decisions every time then that’s great. There are literally at least 30-100 trades per day in EURUSD when trading on the tick chart. We can take comfort in knowing that all we need is 3-4 really good ones! This means avoid…[Read more]

Let me try to clarify for you @Edington

There are 3 types of zones
1) (PZ) Potential Zone (that can be either RZ or TZ)
2) (RZ) Recurrent Zone
3) (TZ) Transient Zone

What you are betting on is a zone becoming recurrent. Almost all indicators that were made for this method only shows TZ (the failed zone, the one that failed to become recurrent).…[Read more]

No its not @blueface

It’s just a helper EA to make placing the 1 pip trader quicker and easier to see the TP levels.

Thanks for sharing GG! The #2 is very interesting!

I have done a lot of work with triangulation but your approach at triangulation of comparing ROC instead of pure price actually might be way superior. I’m going to try and create an indicator to show ROC based triangulation differences and maybe there is an edge we can exploit!

Thanks again! 

Sorry for the late reply. If your broker doesn’t comply with anti-hedging rules and if you know how to hedge properly, sure, why not!

I’m using Oanda (based in USA) so I cannot long and short the same currency. Since this is the case, I cannot hedge properly.

There are many hedging techniques and that is not the focus of this thread

Excellent! Way to be consistent. Keep it around 1% gain per day and you should be solid

Nice work to you as well Balrog 

Yea, I know the feeling

Here is a good practice. For every trade we have a good odd of price hitting the TP within 24 hours (~94%) but for whatever reason, soon after you placing the order you realize that you violated one of the rules. Close the trade no matter if its in profit or loss (most likely in a loss). Soon you should see that the…[Read more]

Yea, I know the feeling

Here is a good practice. For every trade we have a good odd of price hitting the TP within 24 hours (~94%) but for whatever reason, soon after you placing the order you realize that you violated one of the rules. Close the trade no matter if its in profit or loss (most likely in a loss). Soon you should see that the…[Read more]

Yea, the start date/time of the account was a little off. I had closed trades in there from a previous system. I uploaded a screenshot reflecting trades just based on this system. Average duration dropped to about 2hrs. I have a few bad habits so I had a few “bad entries” where I had to wait 4-6hrs for that really threw off those short quick…[Read more]

I’m working on a couple of indicators based on multi currency money flow. Don’t have anything significant yet worth sharing

Hi all,

Here is the result of my trading thus far. It’s working out pretty well. I placed a pretty bad trade that caused a 30% draw down but lesson learned. This is why its important demo trade with this system or start with a very small account size that you don’t mind losing. It will take time to master just like anything.

Green pips and good…[Read more]

Hi all,

Here is the result of my trading thus far. It’s working out pretty well. I placed a pretty bad trade that caused a 30% draw down but lesson learned. This is why its important demo trade with this system or start with a very small account size that you don’t mind losing. It will take time to master just like anything.

Green pips and good…[Read more]

No, you need to have large amount of funds, I’m talking about at least $200k etc to justify the initial costs of dealing with the inter-banks. They cost a lot per month just for the trading terminals.

Also I want to make something clear, the tick data can be a bit misleading. Because you only need a few ticks in a raw the wipe out an entire…[Read more]

This I think is a worthy idea to explore further. I also ran into this thread last year and spend a few months working on it and spent a lot of hours. I had a script communicating with a Node.js script I wrote and MT4. I wasn’t able to reproduce good results. Sometimes it was good at predicting news but other times it gave false signals. It could…[Read more]

This I think is a worthy idea to explore further. I also ran into this thread last year and spend a few months working on it and spent a lot of hours. I had a script communicating with a Node.js script I wrote and MT4. I wasn’t able to reproduce good results.

Here is the answer:
Success Count:3609957 Fail Count:130043 Success p: 96.5%
This is for a TP of 0.20% per trade giving myself 250pips before a margin call of 50% of account value.

If you were to take 100 trades, 96.5 will hit 20pip TP and 3.5 will margin call. If one were to ignore compounding, meaning each trade one would take a fixed .20% TP…[Read more]

Here is the answer:
Success Count:3609957 Fail Count:130043 Success p: 96.5%
This is for a TP of 0.20% per trade giving myself 250pips before a margin call of 50% of account value.

If you were to take 100 trades, 96.5 will hit 20pip TP and 3.5 will margin call. If one were to ignore compounding, meaning each trade one would take a fixed .20% TP…[Read more]

Based on your math (which looks correct for the most part), this looks like a holy grail system! I appreciate you taking the time to demonstrate this.

You don’t need a broker. Time to find some investments and trade directly with the inter-banks and pay a very tiny commission. Just send me 1% of the millions you make each year as a “thank…[Read more]

Based on your math (which looks correct for the most part), this looks like a holy grail system! I appreciate you taking the time to demonstrate this.

You don’t need a broker. Time to find some investments and trade directly with the inter-banks and pay a very tiny commission. Just send me 1% of the millions you make each year as a “thank…[Read more]

Thank you so much for the quote! It was an interesting read.

This gave me an idea! Let’s say that I had 2 accounts, each with $100. I go long on one account and short on the other with a lot size equal to 1pip = 0.5% of the account. Now, what is the probability that both will hit 20pip TP before one margin calls, what about for 10pips? I d…[Read more]