Hi Steve, I most certainly agree with your comments regarding the importance of drawdown and accountability, but you can simply screen capture the Oanda FxTrade Desktop Account Summary to show your current drawdown without compromising your live ...

Set and Forget

Excellent job Steve! Regarding MyFxBook and TE not accurately tracking your results, how about ditching those and just display your "Cumulative P&L" graph shown in your previous post? It simply shows how well you're doing...and you certainly don't ...

Set and Forget

I couldn't agree more... Best, Dave

Volatility-based Trend Trading

I'll continue to trade them using the re-entry rules.

Volatility-based Trend Trading

Hi Hambone, You are right. I've uploaded the corrected spreadsheet. Once Target 1 is reached, for either a buy or sell, the initial SL is moved to BE (Target 1 is +/- 0.4*weeklyATR(20) from the entry price). In addition, there was a miscalculation ...

Volatility-based Trend Trading

Hi Hambone, I don't use MT4/MT5 so an EA is out of the question for me... I use a modified Excel spreadsheet kindly provided by INFJTrader (post 24) to keep track of the target levels. Good luck and let me know how it works for you! Best, Dave

Volatility-based Trend Trading

Current Trades; details of the trading approach are described in post#1. ATR(20) is the ATR for the previous 20 weeks. The Buy/Sell straddles (OCO) are: Buy Straddle: Previous week's close+ (weeklyATR*0.2); SL = previous week's close Sell Straddle: ...

Volatility-based Trend Trading

Hi Hambone, I still trade this way, and it is still profitable, but you have to consistently monitor the positions in order to make the necessary adjustments to the trailing stoploss - this was, and still is, very challenging since I work full time. ...

Volatility-based Trend Trading

He was referring to the use of a dashboard for higher timeframes...

I challenge you to fail with this

Fascinating read! Thanks for posting it! I've also attached a link to an article regarding a Michigan couple who made millions of dollars betting on the lottery. The individual in the article had a passion for mathematics and figured out that a ...

The Gambler Who Cracked the Horse-Racing Code

David, Thank you for all of the time and effort that you put into writing intelligent & thought-provoking posts/replies... there are only a handful of FF members that I routinely follow, and you are at the top of the list. Luckily for us, we have ...

Hanover replies to PMs

Hi Steve, Trading is going well, thanks for asking. Been focusing my time finding and trading simple H-L-C patterns that allow me to set trades at specific times of the week and then walk away; a fixed stop loss and take profit, unique for each of ...

Set and Forget

looking good Steve! Right now will be, in the future looking back, just a blip on your ever-increasing equity curve.

Set and Forget

Hi rolfw, It doesn't matter if you use the close of the previous daily bar or the open of the current daily bar to determine whether you are buying or selling; backtesting indicated that both price points gave similar results for all pairs tested. ...

(binned per thread starter's request) Simple Trading Methods

Excellent job Steve! Best for 2018! Dave

Set and Forget

Nice job Steve... very consistent with low DD...

Set and Forget

Very nice & consistent trading Steve.... and thank you so much for the insights via the pm's... I very much like the idea of holding most of your trading cash in a separate account and keeping only sufficient funds in your broker account to cover ...

Set and Forget

abokwaik, This would be interesting to test, especially since you have already established a precedent for the success of randomly opening buy/sell positions simultaneously, cutting off the loser quickly and allowing the profitable trade to run as ...

Higher Edge within a Single Candlestick