Hybrid trading system

CDrosos · January 25, 2014, 11:11pm

why not ber?
jan any update on the pdf or something like that would be great

fredgold3434 · January 26, 2014, 1:31am

hi janpec
i still can not open the link and download the pdf.
is there any other way you send me the file please?
thanks
regards
fred

janpec1000:

[B]Hybrid trading system[/B]

Hello traders. Over past year of trading forex i have been developing and improving Hybrid scalping system which you can find on this forum and some of you might have followed it. Basically it was scalping system mostly, until last version 3, which is complete changed system meant to trade reversals and trends, due to that i decided to open new thread for it as it does not make any sense keeping it there anymore since it is not scalping system, and from technical side its very different to previous system versions.

[B]What made me go switching from pullback trading and scalping to trends were mostly this features:[/B]
-time managment
-profitability
-robustnes that lies on pure PA, therefore sellers and buyers, rather than looking trough market with indicators

With time managment its obvious that trading takes as much time as usually system takes from us. Some systems take many hours behind computer screen watching before you can even take single trade. Some systems take very few time over whole week, mostly being daily charts trading systems. And some systems take as much time that you want to decide give to and still be just as much profitable than previous two options, now this is always what i wanted to achieve- full flexibility.

Hybrid trading system takes about 15 minutes a day to be profitable with nice profits of 50 pips or more. Full maximal profits achieved trough day can be over 1000 pips if system is traded full time.How much profits do you want to achieve its up to trader and his time managment plan. You can pick pretty much any day randomly and count profits yourself trough whole day on all traded pairs, it will always be strong near or over 1000 pips, which gives everyone option to double account in single week even with strictest MM rules.

System is based mainly on pure PA, reading highs and lows. Indicators are there (Ichimoku and Bollinger band), but they are only option to maximize profits or read bounces better, they however are not required on charts.

If you have trouble reading highs and lows at start you can use Zig Zag v2 or Fractals (default) indicators, but i would only suggest for learning, becouse they are both not very accurate and paint too many micro lows and highs.

[B]On what trading pairs does Hybrid system works?[/B] The answer is all of them. GBPUSD, EURUSD, USDJPY, XAUUSD, GBPAUD, AUDUSD…even Crypto currencies such as Bitcoin or Litecoin, though at current state their liquidity is small and price action is yet not that great. For trading you do not need all pairs, i would suggest using my own pair trading setup which is:

[B]EURUSD, AUDUSD, GBPUSD, GBPAUD, XAUUSD, EURAUD, GBPJPY, USDCAD, USDJPY, USDCHF[/B]. Those are pairs i trade every day. One thing to add is i would suggest staying out of XAUUSD (Gold) if you do not have decent fundamental knowledge and especially if you are yet not good familiar with Hybrid system.

[B]Which trading sessions does Hybrid trading system works in?[/B] The answer is all of them. It does not matter at all if its London, Tokyo or NY session. It works at any time, however it is true that London and NY give more profits due to more market power.

Hybrid trading system is complete overview of market (or pairs) which is very important. From trading system is not only expected to give you entry signal, but to at any moment give you most possible dirrection of price, possible reversal and expectations, this is what preapares you ahead for time planning and orders placing. Hybrid trading system works very well with pending orders trading, pretty much sparing you on trading overall.

For studying of system and getting it learnt properly i would strongly suggest that in first few days you only focous on looking of highs and lows trough historical charts. Do your study as much as possible becouse if you dont get lows and highs right there is chance that entries and SLs will not be placed correctly.
On every entry we use SL and TP placement. It is especially important that you are able to recognize micro lows from real strong lows and highs. Keeping system robust is important.

[B]On what TF does system works?[/B] The answer is all. No exceptions. Due to time managment i am trading mostly M15 and above TFs, but M5 and M1 work just as well, it is only important to know that profit taking rules of first placed order should be less than 20 pips if trading M5 or M1. Suggested for M5 is 10 pips and M1 5 pips.

[B]Rule about placing orders:[/B]
For trading it is good that you follow two orders placement on each entry. This means that you place for example two orders on same price with 0.5 lots each- for example.
First trade follows simple rule of 20 pips TP, second trade is exited only based on system technical rules. Second trade is meant to be “train catcher”. It is meant that we try to get our chance entering on reversals with possible huge trades , it happens often that second trades give us 200 pips or more.
Placing two orders at once increases profitability of system by 100%.

[B]SLs …[/B]
Always place SL on every trade, SLs are completly dynamically picked based on lows and highs, they can range from 10 to 100 pips, thats why risk has to be adjusted on lots.
BE SL is important part of system. As soon as you are 15 pips profitable on trade move BE SL to both trades, this way we dont risk anything anymore.

Alright here is PDF version of system explanations, i had to redo whole thing from before and i kept it way smaller this time, becouse i am not sure everyone will be up to grasp whole other contents, as explained in PDF system in that state is good enough: ( download from link attachments did not work for babypips)

hybrid_system9.pdf - Speedy Share - upload your files here

Good profits to everyone!

janpec1000 · January 26, 2014, 3:39am

Why cant you open link? Is your antivirus not allowing it? I have spyware software that blocks it too, but just disable those software when you are downloading it.

janpec1000 · January 26, 2014, 4:00am

For next week.
Screenshot by Lightshot
Screenshot by Lightshot
Screenshot by Lightshot
Screenshot by Lightshot
Screenshot by Lightshot
Screenshot by Lightshot
Screenshot by Lightshot
Screenshot by Lightshot

UCHF should give short straight on M open if gap isnt there.

mario777 · January 26, 2014, 7:56am

Janpec, i cant download too. when i open the link it says “This file can only be downloaded with SpeedyShare Premium. Get Premium Now!”.

MoneyTalks58 · January 26, 2014, 12:06pm

I get the same message. Is it possible to upload it anywhere that we can download. Can anybody help?

janpec1000 · January 26, 2014, 12:21pm

Guys here is secondary link for download:
hybrid_system9.pdf

CDrosos · January 26, 2014, 3:54pm

jan thanks for the image comments, are really helpfull
on this photo Screenshot by Lightshot isnt the line drawned too low? we shouldnt wait to go beyond the highest high?
although if we draw a trend channel is too close to the support line i think
guys this site is amazing for image uploading snag.gy - paste images! you can just click Print screen on keyboard and then go to this site and click ctrl+v to have the image uploaded on jpg format

janpec1000 · January 27, 2014, 3:38am

CDrosos yes its premature long entry, its bounce entry rather than proper breakout entry. We have been doing those on current sessions.

janpec1000 · January 27, 2014, 3:44am

EU , EA and GA long maybe.

jeex · January 27, 2014, 4:10am

Hello Janpec1000,

Am trading on timeframes starting at 4h, with sort of a fool proof system helped by Macd and Ichimoku. Not many trades, but mostly winning trades.

Now i got unemployed recently, which gives me a fine opportunity to trade more hours a day and make more money. So i looked for a different way of trading, not scalping, but more time and hopefully profit intensive.

So studied your entire system, starting at Hybrid Scalping 1.0 up to where we are now. I totally see what you explained on price action. I practised finding the highs and lows (in old charts). Also recognize the patterns like wedge and head-and-shoulders (using them already on larger timeframes with my ichi-macd strategy).

Even made a beautiful EA where i can drag SL and TP lines to the right positions and drag the Order line to the position where it should be taken, if price crosses in the right direction. This EA calculates the lot size depending on the SL and risk factor. Works nice, i must say.

But, somehow as soon as i open a position, price moves almost inevitably in the wrong direction. (I feel like i’m the most powerful trader world wide, because when i enter the market, price moves away from its natural course and the whole world starts losing money

Now i can think of some things i’m doing wrong:
– maybe look to far back in drawing the patterns. Is there sort of a maximum of candles, on the 5m or 15m timeframe to look back in drawing the patterns?
– i always look at larger timeframes to find a major trend and act according to this. This just might set me on the wrong foot when trading shorter timeframes.
– Back out to soon after opening a trade, so setting the SL to tight.

Do you have any tips what to do, what to read, to practice, or not to do. Maybe throw in a BB or an Ichi for some extra info?

Thanks.

janpec1000 · January 27, 2014, 5:28am

GA +30, EU +0.

Wellcome to thread jeex.
1.No there is no limit, the rule is the longer you can look back for pattern (the bigger the pattern) the better it is. The stronger the entry TP will be. But it is very important that you follow rules of defining pattern properly acording to system and not like many other traders or systems define them. All highs and lows have to be on same shared trendline / r/s otherwise it is not proper wedge or pattern acording to this system. No disconected lows/highs are allowed.
2.Thats generally good thing, it should increase your wins.
3.SLs have to be set like explained on system rules in PDF, always bellow latest high/low depending on short or long entry. Remember wrong or bad placed SL is worse than no SL at all.

BB is ok but it provides not that much information and it will defenetly confuse you on analysis as it makes charts harder to read.
Best thing you can do is just study historical charts with this system. Just look for months of old data and pratice your entries there, find as many patterns on random screen that you can. That will make you fluid in system.

Btw are you on demo or real?

janpec1000 · January 27, 2014, 5:39am

Screenshot by Lightshot

mario777 · January 27, 2014, 6:49am

janpec, what pattern is that in your picture? I dont see any H&S or wedge.

Moile · January 27, 2014, 6:56am

break on GY

janpec1000 · January 27, 2014, 7:01am

Took 10 pips on AJ long pending above previous high. Went out becouse i dont like daily PA, not sure if that can really go higher.

Mario there is no pattern, only high break.

Darn Moile good one there 30 pips high break i missed that was focoused on GA too much.

Moile · January 27, 2014, 7:07am

GU also about to break high

Moile · January 27, 2014, 7:22am

Hey Jan)
I posted just as I opened… and it’s going really slow… anybody can join lol…

mario777 · January 27, 2014, 7:27am

I got 20 pips on EJ.

CDrosos · January 27, 2014, 7:27am

GBPJPY had a nice reversal got 15 pips