Well I just jumped into Daily trades on monday based on the weekly rules, during the week watched some wide basket pip swings and added more trades as the opportunity arises. This is only demo but like the results this week
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| MTF Trading System - fxozgirl Higher Time Frame spinoff https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3827 |
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| Author: | intcust [ Fri Sep 26, 2014 2:13 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
Hey I did something stupid with a demo. I loaded up and chose the entries carefully and doubled the acct. in three days. I would post the trades but don't know how to get them out of Empty4. I use to be able to do it but I forgot. So if anyone cares tell me how and I will post them. I am not suggesting doing this what I wanted to test was the low draw down and that worked. Otherwise the acct. would have blown just as fast. |
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| Author: | intcust [ Fri Sep 26, 2014 2:41 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
Of course the other decision is what to do with the AUDNZD??? On my chart the arrow has been up on weekly so per my chart entry was bad I see a pull back on daily were the lines have not yet crossed. So you can wait and hope or hedge it. Then if lines cross double up on it long. If you cannot hedge line cross close and enter per rules. Please let me know if my chart is wrong. In a strange way and since this is a demo it is a good learning experience. Thanks, incust |
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| Author: | eltax100 [ Fri Sep 26, 2014 6:40 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
Well I just jumped into Daily trades on monday based on the weekly rules, during the week watched some wide basket pip swings and added more trades as the opportunity arises. This is only demo but like the results this week |
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| Author: | intcust [ Fri Sep 26, 2014 7:40 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
That is a boat of pips. Remember that a large part of this system is putting the stops in once the pair move into profit. I say this because I did not see any stop loss set. You have several trades that per the rules should have stop moved to break even of better. It is you acct and you can trade as you want I am just pointing out what I see. Good job. |
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| Author: | fxozgirl [ Fri Sep 26, 2014 8:30 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
Great effort... Click file on your Empty4 platform, then click save as picture...make sure you untick the box to post to mql5 website. Cheers Shelley |
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| Author: | fxozgirl [ Fri Sep 26, 2014 8:33 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
No, your chart is correct...now! At the start of the week there was a red arrow on the weekly chart, however by Tues or Wed (can't remember) the arrow dissapeared so now we are still in a previous up trend. |
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| Author: | fxozgirl [ Fri Sep 26, 2014 8:33 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
haha, that is brillian eltax   |
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| Author: | fxozgirl [ Fri Sep 26, 2014 9:26 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
Results at close of trading this week Current balance: $6225.53 Floating balance: $6667.22 (approx +634 pips) Current open trades: AUDNZD Sell 22/9 -194 pips AUDUSD Sell 23/9 +94 pips BE +5 pips EURUSD Sell 25/9 +90 pips BE +5 pips GBPJPY Buy 24/9 -102 pips GBPNZD Buy 24/9 +261 pips JS moved to +200 pips GBPUSD Sell 26/9 +59 pips NZDUSD Sell 23/9 +241 pips JS moved to +150 pips USDCAD Buy 23/9 +106 pips BE +5 pips USDCHF Buy 25/9 +57 pips USDJPY Buy 25/9 +22 pips |
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| Author: | intcust [ Fri Sep 26, 2014 10:53 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
I did a screen shot here is acct. trades. incust |
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| Author: | intcust [ Fri Sep 26, 2014 11:02 pm ] |
| Post subject: | MTF Trading System - fxozgirl Higher Time Frame spinoff |
No, your chart is correct...now! At the start of the week there was a red arrow on the weekly chart, however by Tues or Wed (can't remember) the arrow dissapeared so now we are still in a previous up trend. So the repaint has bite us in the back side. So what do we do now? I guess don't panic. Do we close now or wait for true long signal? Do we worry about the repaint? I don't know but good thing is other trades are bailing that one out. I will try to look at the no repaint indicator posted and see how much different they are. If it were my trade I would hold until the daily triggers a long then hedge if possible and add additional position. If no hedge option then close and take hit and add the long. If hedge close it at pull back bottom. but all of this just messes up the simplicity of this system which is what I like. This might be a reason to close all at 10 or 20 percent gain. Lots to think of but it can be solved. |
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