Thread: The Holy Grail - Found

Originally Posted by ;

HOD = High of day
LOD = Low of day
WADR = average daily range for final week
MADR = average daily range for last month
TKC = Tkyo station
I don't use Doji bars. I really do use pin bars.

John, where is the tkyo station indi ?

Some very minor clarifiions about the method. When I get communiions out of thread followers asking great questions, I upgrade accordingly.
https://www.forexforum.co.za/attachm...2007794179.doc

JohnW - thanks for a fascinating method.
I did a (very preliminary) backtest on Forextester with 100 transactions and got the following effect:

0.78 trades per day
win rate 48 percent
average win/average loss 1.24

Also, the method appears to work best if the initial breakout happens before or at Frankfurt open, and even better if it moves against a nearby support/resistance area.

Absolutely, this seems promising so I'll continue testing.

Forgot to mention that I just trade the GBPUSD with this method for today - because of the oftentimes narrow oriental range and strong breakout at London open.

John, does your current method work for other pairs too?

Additionally, do you think that SL and TP should be adapted to changing market volatility (ATR) over time? Daily ATR range of GBPUSD oscillated between 100 and 200 for most of the time in the previous 10 years or so with one spike in 2008/09 (ATR 300-400).

Hope Im not too much of a hassle with my questions. .

Hi Traders
I Overlooked That the GRAIL indior?, did I?
Can you inform me where to obtain the indior. Thanks

It is so funny to see a so-called sacred grail become a breakout/reverse system.

Year in, year out, there is always new ppl entering the identical circle cycling.

I have to speculate that you've got the grail indior to be able to see what its all about. So I would love if you lat me know the details.
Thanks

Originally Posted by ;

When I get to the point where I would think about selling something, I could go to myfxbook. I haven't invested the time to determine how to enter it and post everything. Maybe by summer. What are the advantages of myfxbook past the steady revenue stream I get from just trading? Do some funds or banks look at it for prospective traders?

In your first post you wrote:


there's just 1 reason why a vendor/mentor will not disclose a live account announcement.

Now I really wonder why your Trade explorer isn't live, so everybody would be able to see (reside) that forex isn't a scam and somebody can really make money always and in the front of their eyes. I have enormous respect for such individuals as trading isn't an easy thing.

Originally Posted by ;

Hi Traders I Overlooked the GRAIL indior?, did I? Can you inform me where to find the indior. Thanks

Unfortunately there Is no grail indior. The indiors I use can be found in the MW Trading thread.

Originally Posted by ;

it's so funny to see a so-called sacred grail become a breakout/reverse system. Year after year, there is constantly new ppl entering the identical circle biking.

The very simple but frequently hard reality to grasp is that a simple moving average crossover egy will be profitable in the future if appropriate money management is employed. Few have the patience for the long run.