Robust Volatility Breakout Systems - Set and Forget + Free EA
I have been a forex trader for 4 years now, profitable for 2.5 years, and I've been trading professionally for almost a year. Its the hardest thing I've ever done, but its been a really interesting journey. Although I've only been trading 4 years, I spent thousands of hours in front of the market until I knew I could make consistent money.
I began my trading journey as a discretionary trader, and I had a lot of success with the No Brainer Trades methodology. I still use it on higher timeframes. But a couple years ago I ran into TheRealThing, Joel Rensink, here on Forex Factory and it changed my perspective on trading. I taught myself how to program in TradeStation, spent hundreds of hours testing, and in the end I developed a basket of volatility breakout and trend following strategies I now use on the FX market. They are more robust than my discretionary trading was, and WAY less stress. I just pull the trigger over and over, no emotion, no fear, just execution. I've already tested it and know the concepts work, so there is nothing left but to trade it. My programs enter some of the trades but I'm always watching.
Volatility breakout and trend following strategies do better the more volatile the market becomes. They have worked for decades in the futures markets and worked great in all my backtests. I anticipate even greater success in the months and years to come as world markets become increasingly volatile and world governments engage in currency devaluation, massive debt monetization, and trade wars.
My strategies range from daily charts to 30 min, and I've decided to release a few strategies to the public. There should still be plenty of liquidity for all of us even if we all use them. They are all set and forget strategies that will only require a minimal time commitment, perfect for the part-time or aspiring trader. Professional traders looking for a simpler trading solution will also find them helpful, as well as discretionary traders looking for a trading system to smooth out their equity curve.
I also hope by doing this that I can prove a trading axiom that I have long believed; that success does not come to the high-born, the brightest, the fastest, the luckiest, or the prettiest, rather success comes to the one who applies an edge with consistence and diligence. Good poker players work off the same philosophy; they know their edge, and now their goal is to burn enough hands to let their edge express itself.
~Daedalus
I have been a forex trader for 4 years now, profitable for 2.5 years, and I've been trading professionally for almost a year. Its the hardest thing I've ever done, but its been a really interesting journey. Although I've only been trading 4 years, I spent thousands of hours in front of the market until I knew I could make consistent money.
I began my trading journey as a discretionary trader, and I had a lot of success with the No Brainer Trades methodology. I still use it on higher timeframes. But a couple years ago I ran into TheRealThing, Joel Rensink, here on Forex Factory and it changed my perspective on trading. I taught myself how to program in TradeStation, spent hundreds of hours testing, and in the end I developed a basket of volatility breakout and trend following strategies I now use on the FX market. They are more robust than my discretionary trading was, and WAY less stress. I just pull the trigger over and over, no emotion, no fear, just execution. I've already tested it and know the concepts work, so there is nothing left but to trade it. My programs enter some of the trades but I'm always watching.
Volatility breakout and trend following strategies do better the more volatile the market becomes. They have worked for decades in the futures markets and worked great in all my backtests. I anticipate even greater success in the months and years to come as world markets become increasingly volatile and world governments engage in currency devaluation, massive debt monetization, and trade wars.
My strategies range from daily charts to 30 min, and I've decided to release a few strategies to the public. There should still be plenty of liquidity for all of us even if we all use them. They are all set and forget strategies that will only require a minimal time commitment, perfect for the part-time or aspiring trader. Professional traders looking for a simpler trading solution will also find them helpful, as well as discretionary traders looking for a trading system to smooth out their equity curve.
I also hope by doing this that I can prove a trading axiom that I have long believed; that success does not come to the high-born, the brightest, the fastest, the luckiest, or the prettiest, rather success comes to the one who applies an edge with consistence and diligence. Good poker players work off the same philosophy; they know their edge, and now their goal is to burn enough hands to let their edge express itself.
~Daedalus