Thread: A simple but promising strategy

Straightforward promising. At the beginning of a new trading day open the daily candle chart clean with no indiors. Examine the candle previous to the just closed candle the 2nd last candle. When it had been green go. No more s/l or t/p. Close the trade time next day ie at the begining of same day of day or finish and start a new trade accordingly. Ifound promising and've backtested for periods that are briefer. If a person could backtest it on majors for the past three years please.

As will buddy? You are right, so I am testing the process with 02 manners... and without Ts Ts... A few days you win 09 inputs with 07-10pips drops and with 02 - 20pips... this gives us a profit of 30 pips... this without putting... putting TS TS of 05 pips is barely in red... this week since I said I will be testing with and without TS Ts and we'll see what we can perform. Placing 2% to 1% risk per win, as if you said, if we've got more wins than losses may be worth. Excuse my english, I'm Brazilian and I put in google translator... A huge hug!

Good afternoon everyone.

20:00 Until now missing for 04 hours you complete another day, just 03 pending orders were triggered with these results:

NZD / USD 10 PIPS (NO TS) 4.2 PIPS (TS)
EUR / USD -20 PIPS (NO TS) 3.6 PIPS (TS)
AUD / USD - 20 PIPS (NO TS) - 20 PIPS (TS)

I feel will not be thrown more no order, since the market is slow, but continue to place the results of entries during this week. A huge hug to everyone.

Outstanding entries for the day 22/07. . .Lembrando. . .estou making two entrances for each pair... one with TS of 05 pips and you with no TS. 20 pips SL and 10 pips TP.

Good afternoon friends, the results of entries 22/07:

EUR / USD SELL STOP 1.3510 10 pips TS 10pips
GBP / USD SELL STOP 1.7050 - 20 pips TS - 20pips
USD / CHF BUY STOP 0.8990 10 pips TS 10pips
USD / CAD 1.0720 SELL STOP not triggered
AUD / USD 0.9360 SELL STOP not triggered
NZD / USD SELL STOP 0.8680 1.5 TS pips 10pips
USD / JPY BUY STOP 101.50 TS 2.8 pips opening
EUR / JPY 137.20 BUY STOP TS 2.4 pips 10pips
GBP / JPY 173.30 BUY STOP TS 2.1 pips 10 pips
EUR / AUD BUY STOP 1.4440 TS 0.7 pips - 20 pips
GBP / AUD 1.8230 BUY STOP TS 2.1 pips - 20 pips
GBP / CHF 1.5310 SELL STOP not triggered

TS = 11.6 pips or 1,16 percent
No TS = - 10pips or 1.00percent


See that using Ts has a better performance than without. I am also testing with 10 pips cease and 2.5 pips TP. . The results are great also, far more wins than losses. A huge hug to everyone.

Originally Posted by ;

Hello everyone, I'd like to tell you something about this egy(more a system, because there is no MM included etc.) I'm a student 19 years old, I study economics. I traded actual when I was 18 years old and demonstration as my 16th. I saw alot egy's and systems, made my own out of others and after alot tweaking it was eventually done. It does create a x and still made. Everyday I needed to do exactly the exact same thing groundwork mental, read somewhat about the news upcomming (I exchange technical); this got me bored. I still liked trading alot...

I'm assessing your trading and I'm not sure along with your report. Do not get the wrong idea, this is a really trading report!! And I'm willing to do the same (it gave me the urge and inspiration that it's possible to achieve ).

But before I do at actual one, I have some questions first.Is this real or still demo? (I know it sound dumb, bear with me okay?) ^_^ I've assessing your image posting and I see it's on a 5 digit broker.
The next questions is,Is it that your SL is 340 or 34? Because if it's 34. I've noticed your SL the end day trade before it hit been touch. (you can see the images below for further questioning explanation).





if it's 340, then at your 8 day trading, how come it attain 340? Because it's hardly touch 340 and it still can move to another day (I've assessed it by my MT4 it's gaps another 140 points).

The other part is, on your 7th day, you are supposed to be minus (based on your system) but again it's write it down profitable. Can you explain this more?

Last one is,

at this article below

Originally Posted by ;

Sell Day 8:
Open 1.36138
Close 1.36172 Gain: -34 Pips
-34Pips x (0.00001/1.36172)x(280,421$ x 2000) = -140,210$ 280,421$ = 140,210$

Sell Day 9:
Open 1.36115
Close 1.36149 Gain: -34 Pips
-34Pips x (0.00001/1.36149 )x(280,421$ x 2000) = -140,210$ 280,421$ = 140,210$

I think you write it down wrongly. . Therefore it makes the calculation is wrong. . But if this is true or demonstration you may show us your background report right?

Accountable for my poor english, not really good with english ^_^

P.s:
excited to find out from you ^_^
and what broker you utilize? I might wanna if you can provide me the connection ^_^ utilize it

Originally Posted by ;

Simple but promising. At the beginning of a new trading day available the daily candle chart clean with no indiors. Examine the candle prior to the just closed candle i.e the second last candle. If it had been green proceed. No s/l or t/p. Close same time to the trade following day ie at the begining of next day or end of same day and start a new trade. I've backtested for periods and found promising. If a person could backtest it on majors for the last three years please.

I really don't understand the part I've highlighted in red.

If today's signal is the reverse of yesterday's (i.e. buy-sell, or sell-buy), then sure, you would shut this trade and start the opposite one.

However, if today's signal is just like yesterday's (i.e. buy-buy, or sell-sell), why don't you leave yesterday's trade available, and save the additional spread cost?

Originally Posted by ;

quote I really don't understand the part I've highlighted in red. If today's sign is the reverse of yesterday's (i.e. buy-sell, or sell-buy), then sure, you'd close this transaction and start the opposite one. However, if the current sign is just like yesterday's (i.e. buy-buy, or sell-sell), why not simply leave yesterday's trade open, and save the extra spread price?

Really I was thinking the same.

But possibly the main reason we consider the profit would be to gain the equilibrium up so we could add more lot dimensions so we can gain more (compounding).

Originally Posted by ;

but possibly the main reason we take the profit would be to obtain the equilibrium up so we can add more lot size so we can gain more (compounding).

Fair point, but if you would like to raise total position size it is still cheaper to just add another place, than to shut and re-open.

Originally Posted by ;

quote Honest point, but if you would like to increase total position size it's still cheaper to just put in another position, than to shut and re-open.

Remember you shut the preceding order at open of the new day and open the new one at the close of the 1st hr candle of the new day, after the analysis to go up or down. So there is a 1 hr gap between the close of the previous and the open of the new one, and you also do not know the direction of the new one till then.

Regards