Depends, how you define serious.The name of the thread says "gambling" and "no edge", and because of this it should be treated as such. It is not much better than a roulette or a slot-machine.But still i am trying to make the odds better. In the ...

Statistical Gambling System (High Winrate, but NO EDGE)

Of course not, but its not the MA which is the center of attention here, but the SL and TP. The entry is pretty much random, thats it, i dont believe in technical analysis so doesnt matter if i use a STOCHASTIC or PSAR or RSI or whatever, its all ...

Statistical Gambling System (High Winrate, but NO EDGE)

Its not randomly generated tick data, the random sticks are mostly on the first picture, but the real tick data is on the second EUR/USD picture. It is real tick data compiled into M1 candlesticks, i dont know whats so hard to understand about that. ...

Statistical Gambling System (High Winrate, but NO EDGE)

LOL that was tick data that i just shown. I think you dont know what tick data means.I think you meanT tick chart, because anyway the smallest TF on MT4 is M1, but the data can be tick based. The difference between tick data and m1 data is, that on ...

Statistical Gambling System (High Winrate, but NO EDGE)

Pardon me but how does exactly the higher timeframes help me.It doesnt matter on what timeframe i take the orders because the price moves exactly the same range on each timeframe. M1 helps us better visualization and helps manual traders catch the ...

Statistical Gambling System (High Winrate, but NO EDGE)

That was a total failure, i`m neither using that anymore or plan to update it, as i abandoned technical analysis for good. I have not released the EA for this system yet, but i will soon once i finish my backtests, i have to update the system ...

Statistical Gambling System (High Winrate, but NO EDGE)

No we will use the same strategy, small trades with 40-50 pipette TP, but only trade in the LONG direction, and when the price goes agains us, we still get the swaps, because we were LONG. Its a win-win situation, only the MARGIN CALL can f*k us up ...

Statistical Gambling System (High Winrate, but NO EDGE)

Yes but we wont use 0.01 forever, it will increment anyway, with 0.5 account risk it will be a slow, but steady incrementation. Besides the broker has the right to modify the leverage at higher capitals, so its not very realistic to run a 1m$ demo ...

Statistical Gambling System (High Winrate, but NO EDGE)

I dont think thats a wise idea because our capital is locked in to that long trade.If we were to add more positions, and they would go against us aswell, that would double the chance for a margin call. Adding more positions or averaging is not very ...

Statistical Gambling System (High Winrate, but NO EDGE)

Our new pair will be the AUD/USD, after careful considerations, i have found out that its the best pair for this system. The new strategy will be to enter only long on AUD/USD, since our probability wont be affected ,50% chance of getting it right ...

Statistical Gambling System (High Winrate, but NO EDGE)

Nothing is certain in life. This system itself is no certain at all.Its a gambling system, and what we do is , we increase the odds to the maximum thats possible to achieve. Then only luck will separate the winners from the losers.But still the odds ...

Statistical Gambling System (High Winrate, but NO EDGE)

I have 20 years of tick based historical data, 99.9999% accurate candlestick modelation.The fact that i run the system on 20 years of data gives me a very clear vision about the system.Its is highly unlikely that the market will change so ...

Statistical Gambling System (High Winrate, but NO EDGE)

Hmm maybe we should keep a bit of leverage then.We need 1:10 to open a 0.01 with 100€ but, this way the margin requirement would be huge which would increase our chance of a margin call because we'd have less free margin. So because anyway we use ...

Statistical Gambling System (High Winrate, but NO EDGE)

With my modified settings, i`ve set the TP to 35 pipettes, so including spread, then each winner trade gives us around 0.2-0.3 % return. So with 100 euro and 0.01 lot start, assuming my spread, it would give 0.26 cent/trade,for now, after the ...

Statistical Gambling System (High Winrate, but NO EDGE)

Ok then, btw finally i`ve recovered from that nasty mistake of mine I`m now backtesting the system for better configurations.

Statistical Gambling System (High Winrate, but NO EDGE)

How does the leverage affect this.We use a 0.5 - 1% lot size, so basically the lot requirements are small.I`m using a 1:100 leverage to pay less margin requirement, because the more cash remains in the account the less chance of a margin call. I`m ...

Statistical Gambling System (High Winrate, but NO EDGE)

What do you mean by similar ? I use the MA as a tool to find the clusters of price as price will tend to fluctuate around the MA.

Statistical Gambling System (High Winrate, but NO EDGE)

Crap , accidentally i closed 1 trade manually.Bad luck.

Statistical Gambling System (High Winrate, but NO EDGE)

I mean seriously, i bet that the system will reach 10% gain by the end of the day if i let my PC on the entire day. Others cant make 10% gain in a month, let alone a day I think this system will be popular on FF.

Statistical Gambling System (High Winrate, but NO EDGE)

Hey Magix, looks like my system will make more return /day than yours in its entire career

Statistical Gambling System (High Winrate, but NO EDGE)