haha, just've read the other thread who ask for MM. Well, this method is implementing all that you guys have taught to me about trading. 1. it cut it losses @ % risk equity value for losing trades. 2. it locked breakeven value. 3. it minimize chance ...

Flippy method

The reason I use 2 type of order here is to lock breakeven & reducing the 'profit runner' order chance of being stopped out by spikes. As I mention it before, for experienced traders, you might want to use daily trendline breaks, chart patterns, and ...

Flippy method

sample #4 sometime this generic rules dodging whipsaws A. We have 2 long orders here. B. 1st long order hit TP @ 50 pips. C. 2nd long order with open TP stopped out @ -45 pips. survived from loss. D. no short order opened, price has not hit red ...

Flippy method

sample #3 Some opened trades are occasionally ignored with some special condition. A. 2 lines. We have 2 long orders here with yellow lines trigger B. long order with open TP stopped out at yellow lines. the other with fixed 50 TP was still open. ...

Flippy method

sample #2 (whipsawed, no need to worry, my backtest include all types of this whipsaw, it filtered some and got hit by some whipsaw. still manage to keep low drawdown) A. 3 lines. Price has not hit blue lines yet. don't enter buy stop order. B. 3 ...

Flippy method

generic rules play — sample #1 A. 3 lines. dont enter buy stop here, price doesn't hit blue lines prior red lines breakout. B. 3 lines. enter 2 sell stop order here, price hit red lines before this blue breakout. Put initial SL 50 pips for ...

Flippy method

finished backtest finally. result of manual backtest from jan2005 trades with 1/1 risk reward : total trades = 226 win = 134 loss = 92 pips gain = 6700 pips loss = 4600 average profit ratio = 1.46 trades with open TP : win = 86 loss = 140 pips gain ...

Flippy method

january 2005 backtest - dec 2005 for flippy with ROC. Using generic rules (should work to keep minimum drawdown in any market types) : 1. opposite direction trades never exist. 2. on 3 lines formed, enter on support/resistance breakout, only if ...

Flippy method

Indicators for above post.

Flippy method

Been busy with flood in jakarta New indicator, same concept, and some trade idea in pictures. win & loss included. This sample use 50 pips SL. 25 box width, and 24 ROC value for 1H chart: A. 3 lines formed. sell stop @ blue lines, price come from ...

Flippy method

found another problem in flexbox sometimes box doesnt instantly draw itself when a candle finished. Wish I can do something to help fix that.

FlexBox indicator

Here's what I mean above, some 123 boxes sample using roc value 24

FlexBox indicator

Hi Lou_G some question: I'm curious, if ROC value set to 2, we only measure momentum change within close[i+2] candle to current candle right? I see many false momentum acceleration breakout with ROC value 2. But If we set ROC value to 24 (prev day ...

FlexBox indicator

new indicator — Ok, flippy indicator has been fixed by Rusty. rules is abit different. 1. set GBP/USD chart on 4h timeframe 2. put both flippy.mq4 and turbo_JRSX.mq4 to indicators folder. 3. put flippy on chart. a. Entry. -Put sell stop at ...

Flippy method

for now use basic only — Ok, here's what my concept is drawn in chart. For this moment due to my limited ability to make good indicator , I'll postpone the indicator stuff . We only use chart pattern for now. The basic idea is illustrated ...

Flippy method

@josef yes I use Alpari data for backtest.

Flippy method

@nikim backtest result is on the zip file.... @aptrafx nope, I trade it manually, only need to look at each working day at 0 or 1 GMT for moving SL / setting new entry if there's a signal. Then I go play something for the rest of the day.

Flippy method

And some illustration on how this method works :

Flippy method

I don't think it willl work with currency that paired with JPY. I think carry trades biased yen movement. And gossip from japanese official moved all yen paired currency too much. I've only forward tested this from December, on GBP/USD. Pls trade ...

Flippy method