hi everybody
i know everyone keeps saying that there s no such thing as holly grail but i had being demoing a scalp system during 19 days.
i´ve open 317 trades and i´ve lost 5 trades. the winning trades make 2419 pips and the 5 lossing trades makes 37 pips.
i´ve trade 1 lot the entire time so 1 pip = 10$, so i make a profit of 23820 with a start account of 2500$ in less than 1 month.
so i ask again: can this system be call HOLLY GRAIL???
Try it with a live account and see if its still holy
I´LL keep demo in november. i need to be very confident with it before risk my litle money very hardly earned.
but i bellieve ti is. the times that i lose is because i leave the computer alone:(
It all depends on your risk if you have a losing streak(you will) will it blow your gains?
If this were real money could you handle the pressure and trade your system?
If this were a real account would the broker allow your system?
Nice work on your demo account!!
Are you going to share you system?
Just putting the words HOLY GRAIL in your thread title is asking for trouble;) I would like to hear more about the specifics of what you are doing before this thread gets out of control.
i´m trying to do a demo in a simulator i got for the metatrader to post here the proof but the simulator is not very good it moves more than 1 tick at a time and sometimes i put a close order and it doesn´t do it.
but i´ll try anyway. the results wont be as good as the real but it can show something. i´m doing it right now and i´ll post some trades in a few minutes.
i just don´t know how to upload a image in here:mad:
can someon ellt me how to put a image in here???
There are two ways, either hit the paper clip button to attach a file. This doesn’t work that great as the images will be pretty small and hard to see.
The better way is to upload the image to imageshack or photobucket and then copy/paste the direct image link into the little window that appears if you hit the button that looks like a postcard of a mountain.
check this thread: 301 Moved Permanently
in this system i use a SL of 10 pips the most, never more and during the demo trading it as hit some times because i ve leave the computer for some minutes but after the sl be hit the price move the the profit.
in all the trades it never gives me a bad entry. but if it does i never lose more than 10 pips with the spread include - 2 pips in eur-usd that is what i being trading. but this works for all the pairs with low spreads.
if i never leave the screen i had a 100% winning ratio. that´s is holly for shore:)
That sure sounds holy.
It would be interesting if you’d like to share what it is you’re doing.
i just can post here my simulation. i´ve spend the last hour hurting my eyes and now i can show it to no one. i´ve lost some trades because the simulator- he junps 20 pips just like that.
but in the simulation i made a 10000$ account into a 149618$ account in 21hours (from 11am 27/10/2008 to 8 am 28/10/2008). of course i´ve play a leatle with the lots size but i was getting boring.
even so i beleave that with this system is IMPOSSIBLE to lose a trade:mad:
that takes the fun of the trading:p
Thats just a blue line on a graph - it doesn’t mean anything.
Just remember that making money on a demo is easy. Real cash is different.
If you lost 10 trades in a row would you still have an account left?
And its very possible for anyone to lose a trade with any system
of course is possible to lose a trade… i has just kidding. but with some system is easyer to win than lose.
and if i lose 10 times in a row i will only lose 20%of my initial account because i has always risking 2% of my initial account. even when my account a´ve double i still risking the same.
i never use a sl more than 10 pips and that is my top. the average is 7 pips
that´s what i´ve done in demo trade…in the simulation i was just playing with the lots… in the end i was open 666lots in a single trade just for fun, because i has getting boring. but the truth is even with those lots i haven lose.
i´m not telling that in live trading i´ll use this kind of MM. i know we should never risk more than 2%
when i go real money with this i will only risk 1% in each trade because that is my top.
in my other trading systems i always use the risk/reward ratio x 1% of my account. so if the R/R ratio is 1/2 my risk will be 2% and so on
that is a good MM that has work fine for me till now.
you should always considering the RR ratio before open any trade
must of the newbies never care about that and then they have winnings of 10-20 pips when they use stop loss of 30-50 pips…isn´t truth???
don´t wory, because that isn´t my case
i understand very well what the risk is and what the MM is
i know that a system that wins 100 times 5 pips at a time and then loses 501 pips in a drawdown is not a good system.
any way, i´m not trying to sell anything… i just want to share my results with everyone like the rest of you.
but i still believe that´´s a wonderfull system:cool:
so what’s the system ? Are you going to share it? Or only show the results ?
my system is not very complicated. i only use 2 ma´s as a SR level in 15m chart and i keep a eye at the PA in the 1M chart for exact entries. i use a very tight SL as told and i use PA to close the trade too. the system is more about probabilitys than indicators.
when the market is very flat and the PA is dancing around i use a indicator that calls diamianivolumeter.mq4 that i got in the mq4 webpage is for free and is very good for confirmation.
just open the trade if the green line is above the grey:D
The suggestion of a holy grail will bring some very strong responses from some of the seasoned traders here. Please post exact details of your set up and link to your indicator. That way anyone wishing to help you verify your system can do so.
Good luck
rullima22 please tell us more and show a picture please
best regards
That sounds pretty common to me. Just two MAs and a volume indicator?
Could you post at link to that indicator, I can’t find it. Also, what settings on your MAs?
that´s the link for the indicator
