A comment on hedging: "How do hedge funds make millions? Hint, its in their title." Agreed, but what we are talking about in this thread and what a hedge fund does is not quite the same thing... For example, a hedge fund manager might offset the ...

Win in Trend and Win in Range

I took a look at the link you shared above, to the account that is still running. The average win size is just 2.28 pips (the average loss -1.09 pips). The average trade duration is only seconds (almost all trades are under 30 secs). Ok, this is the ...

Win in Trend and Win in Range

No, not convinced at all, I'm sorry. If the average daily win rate is 55% (and therefore 45% loss), and average no. of trades per day is about 2, then all I know is that, on average, one of the trades they close per day is a winner, and one is a ...

Win in Trend and Win in Range

Maybe I am missing something... but how do know from a win rate of 58% that they have to use a strategy without stoploss?

Win in Trend and Win in Range

Who knows? When a trading system has made me "enough" money, maybe what I need then is not more money, but fame, and my vanity will lead me to sharing it, or even write a book.... :-) For the moment, I prefer manual trading to EAs, as I believe that ...

Win in Trend and Win in Range

To KashifNawaz: >> I am pure technical person like many other fools and i want to discuss about only good trading system (with entry exit rules) which can generate money. That's fine, technical analysis is a valid approach, in my opinion, as long as ...

Win in Trend and Win in Range

In response to KashifNawaz >> To avoid being bullied by senior traders here, I won't disclose my ideas unless I bring 1 year real trading results of profitability. Don't worry about bullies, the purpose of this forum is to share your ideas, learn ...

Win in Trend and Win in Range

In response to KashifNawaz: >> Can you please guide us, how to practically apply this concept in any EA? Thanks in advance I didn't want to send you down the road of programming John Ehlers' indicators into your EA. This would lead to discussions ...

Win in Trend and Win in Range

Quick reply to mntiwana: >> How many bars back you take in consideration and at what TF In John Ehlers' logic, you would try to find what he calls the "dominant cycle period", and then use a full cycle period (sometimes also half cycle period) for ...

Win in Trend and Win in Range

Here is a visualization of this concept, showing the market as "trend plus cycle" (extracted from a slide by John Ehlers). image

Win in Trend and Win in Range

>> Merka: How the EA can distinguish when we are in ranging or trending market to use the proper engine? >> KashifNawaz: No need to identify trend. Engine 1 will keep working in ranging. Once your set level hit, (...) then engine 2 will active. Here ...

Win in Trend and Win in Range

Too bad that this discussion seems to be dying down... so this will be my last post for now, just to illustrate the proposed condition for "small range". Here is chart of EUR/USD, 5min, taken yesterday, May 16, 2018. image You can see 3 nice ...

Win in Trend and Win in Range

...and that question about the possible states of the market leads to another question: what we want to do with that information in our trading system. For example, one simple high level game plan could be: IF market state = trend up THEN strategy = ...

Win in Trend and Win in Range

>> Therefore could we assume that a BUY continues to close above the previous CLOSE and a SELL continues to close below the previous CLOSE? No, not in my point of view. IF the above condition is true, THEN we have a first indication for a small ...

Win in Trend and Win in Range

Interesting thread, "win in trend and win in range" is something most trading systems fail to achieve. Well, here are a few thoughts: 1) Carddard asked a good question at the beginning: "What if we don't have to predict the next wave - what we just ...

Win in Trend and Win in Range

Liunliun, after following your system for a few days and watching some setups play out, I really like what I see. This system is simple, focused, and should make a good system especially for novice traders. Why do I think so? Because of the ...

Chinese KONGFU system