Results of trades on four days with TF 4:00
16 trades executed:
2 losers
10 winners
4 active
Method used
TF 4:00
TP = 1 ATR 25 + spread
I’m going to get a table, as soon as I have time, pairs used and their percentages.
Regards, Didier.
Ps: I attached a copy of a current chart.
3 of the 6 closed within the hour those were all wins, 2 of them close within 10 hours one win one loss, and the one that is currently open has been open for almost 24 hours and is down 18 pips.
- What do u mean discretion is choosing the pairs? I either choose those with 100% with 30%-40% or 0% with 60%-70%. I thot that’s wat the system says. What other discretion u look at?
I’ve gotten signals that were outside the 60-70 range (ie. 77%) and I’ve taken the trade. My biggest trade for 110 pips I took with an 85% to 0% pair. If you look at the chart, take in the trend lines as well as chart patterns sometimes you can take trades that you may reject. The backtesting I’m doing now will represent blindly following the systems rules so I will post more results with more detail.
For my trailing stop to work, i cannot turn off my platform, hence my internetr and pc need to be on the whole time. I’m using ALpariUK. I thot all brokers will b the same? U using MT4 rite?
That’s strange, I trade IBFX MT4 and I can set a TS, close my trader, and go about my day and the TS will be honored.
Good stuff, I’ve been sticking to the Hourly charts but I’ll take a look at the 4h charts as well.
So I’ve spent the past 6 hours backtesting and I’m still far away from being done. I’ll hopefully have results by Sunday but I will say this, it’s looking very promising.
Can u share more?
Out of the win trades, how many are within/outside the 60-70/30-40 range?
Can u give examples of wat u mean by “take in the trend lines as well as chart patterns”?
Out of your wins, how many are blindly follow system and how many are discretion?
I find it hard to use discretion, unless i follow that pair for long time, such as EURUSD, the pair im trading permanently with disretion. A lot of time and effort to know aboutthe pair evryday.
My record so far is 4 losses and 3 still in trades, on average 10hrs.
Thanks a lot!!
USD 23,81% CHF 95,24% SELL A 1,1305 TP 52 P WIN
GBP 4,76% JPY 61,90% SELL A 134,18 TP 85 P LOSS
EUR 42,86% CHF 95,24% SELL A 1,3867 TP 52 P WIN
AUD 38,10% CHF 95,24% SELL A 97,13 TP 59 P WIN
GBP 4,76% CHF 95,24% SELL A 1,6620 TP 77 P WIN
GBP 4,76% NZD 76,19% SELL A 2,1108 TP 120P WIN
EUR 66,67% CAD 47,62% BUY A 1,2636 TP 52 P WIN
CHF 100% JPY 28,57% BUY A 81,72 TP 55 P DURING
CAD 47,62% CHF 100% SELL A 1,0891 TP 62 P WIN
NZD 85,71% USD 9,52% BUY A 0,6987 TP 39 P WIN
AUD 66,67% USD 0,00% BUY A 86,59 TP 50 P WIN
GBP 47,62% CHF 100% SELL A 1,6512 TP 75 P WIN
EUR 52,38% CHF 100% SELL A 1,3740 TP 50P DURING
NZD 85,71% CAD 4,76% BUY A 0,7247 TP 30P LOSS
AUD 71,43% USD 9,52% BUY A 0,8700 TP 50P DURING
NZD 85,71% USD 9,52% BUY A 0,7048 TP 40P DURING
As promised a picture recap of the trades I made this week by four hours time.
As you can see I have not taken the extreme force, but I tried to reflect the trend that was given me by the COG on the TF 4:00, and also on the TF one day.
I noticed that sometimes when we take the extremes (0% / 85%, for example), the PA has enough strength to continue in the same direction.
I deliberately chose a TF for 4 hours, avoid the reversals, and especially to have time to reflect and observe the market and its behavior.
I did a test earlier this week on a TF 1 hour, there are many trades to do, good results are related gains / losses, but the financial result is negative.
Here my remarks and observations.
This system seems very interesting by its encouraging results.
I continue testing next week on TF 4:00, and I’ll see where will go my trades that are in progress …
Good weekend to all:)
Hi Didi,
Thanks for sharing, but just to clarify:
When u say 4,76% umeant 4.76% rite?
During means, still in trade or breakeven?
When u say “trades I made this week by four hours time”, meaning u use TF4 instead of TF1 to check the all the 28 pairs strengths?
Sorry, i dun understand some of your statement, but in summary what you’re saying is using TF4 is better than TF1?
What is COG?
What is PA?
You’ve mentioned for using TF1, “there are many trades to do, good results are related gains / losses, but the financial result is negative”.
What did you meant?
Thanks.
I will share my records, once i’ve done/trade more sample.
I don’t have my trader in front of me but if I remember correctly 4 of the trades were taken outside the 70/30 range
- Can u give examples of wat u mean by “take in the trend lines as well as chart patterns”?
You have to look at the charts and look at the PA (Price action) and make sure it’s agreeing with your trade not going against it
- Out of your wins, how many are blindly follow system and how many are discretion?
I blindly took all those trades but there were 2 time where I stayed out of the market because I didn’t feel confident in the system.
I find it hard to use discretion, unless i follow that pair for long time, such as EURUSD, the pair im trading permanently with disretion. A lot of time and effort to know aboutthe pair evryday.
My record so far is 4 losses and 3 still in trades, on average 10hrs.
Thanks a lot!!
No problem, I still have a long way to go trading this. From the backtesting I did yesterday (I’m not finished) but the average trade lasted 6 hours if you traded this thing hourly.
Also a note, if you don’t have all 28 pairs, (I only have 25) adjust your excel sheet to reflect this so you get accurate percentages.
Thanks Reaper.
Hopefully the test show positive result on the system.
ANyway, im still forwardtesting and go in trades every hour possible. But i try to avoid news, if possible.
Yea, I’m excited to forward test it this week as well. Backtesting this thing is a nightmare, so many pairs I’m going insane lol.
managed to book in 3 wins today, right at the opening of trade, due to the price gap.
These are the nly wins so far. I was hoping a 100% losses, so i can just reverse all my trades for wins!!.
GBP 4,76% JPY 61,90% SELL A 134,18 TP 85 P LOSS[U][/U]
EUR 42,86% CHF 95,24% SELL A 1,3867 TP 52 P WIN
AUD 38,10% CHF 95,24% SELL A 97,13 TP 59 P WIN
GBP 4,76% CHF 95,24% SELL A 1,6620 TP 77 P WIN
GBP 4,76% NZD 76,19% SELL A 2,1108 TP 120P WIN
EUR 66,67% CAD 47,62% BUY A 1,2636 TP 52 P WIN
CHF 100% JPY 28,57% BUY A 81,72 TP 55 P DURING/ WIN
CAD 47,62% CHF 100% SELL A 1,0891 TP 62 P WIN
NZD 85,71% USD 9,52% BUY A 0,6987 TP 39 P WIN
AUD 66,67% USD 0,00% BUY A 86,59 TP 50 P WIN
GBP 47,62% CHF 100% SELL A 1,6512 TP 75 P WIN
EUR 52,38% CHF 100% SELL A 1,3740 TP 50P DURING/ WIN
NZD 85,71% CAD 4,76% BUY A 0,7247 TP 30P LOSS
AUD 71,43% USD 9,52% BUY A 0,8700 TP 50P DURING/ WIN
NZD 85,71% USD 9,52% BUY A 0,7048 TP 40P DURING/ WIN
In summary:
16 trades
14 winners = + - 810 pips
2 losers = + - 100 pips
NET GAIN = 700 pips:D
Hi Didilut,
It this all in one day, today only?
Did u use Tf4 or TF1?
[U]As promised a picture recap of the trades I made this week by 4 hours time.[/U]
As you can see I have not taken the extreme force, but I tried to reflect the trend that was given me by the COG on the[B] TF 4:00, and also on the TF one day.[/B]
COG= Center Of Gravity
Regards, Didier.
Hi Didi,
Correctr me if im wrong. So u check the strengths of all the 28/25/23 pairs (depending on your broker) at 4hrs TF to determine 0,1,2 or 3 for each pair?
Btw, what is Center of Gravity?
I CHEK 28 PAIRS AT 4 HRS TF
I am enclosing the COG.
Use the default settings for the TF 4 hrs.
The COG is effective on the TF 4 hours.
Regards, Didier:)
CENTER OF GRAVITY.zip (2.13 KB)
FXSTER and smarttj1027 I would like to know what modifications you had to make in the XLS file in order to get the system working in less than 28 pairs. You simply delete those lines? And modify the A1 cell, or … what else is needed? Could you explain? Thanks in advance!
you have to change the amount in row Cell E, for example lets say you’re missing EUR/CAD then you would change EUR to 18 (subtract 3) and CAD to 18 (subtract 3)
Thanks Didi,
I’ll look into your attachment. Btw, do i save it into indicators file under the Expert file, or just in the Expert file itself?
Anyway, as promised attached is my records so far.
Also in another sheet, i have my workings for 23 pairs.
As u can see, mostly are losses (i.e. SL). In fact it will be a great news if it continues to lose, as i can twist it around and make profits. hahaha…
Alligator_Calculator-23pairs.zip (8.2 KB)
Hey guys, I am very sorry that I havent had the time to post recently, some family stuff popped up and had to do some traveling. I was pleasantly surprised to see all the posts though thank you all.
I know what you mean, backtesting this is pure helllll! I did a massive amount of backtests when i first started looking at this but after countless hours i realized half of my data was incorrect because i had scaled some charts different so it wasnt all from the same time. Needless to say, I was ready to throw this out the window.
From what I gather, [B]didilut[/B] has had what i consider great success thus far. 700 pips in four days?!? Thats pretty crazy. Ill have to look into that center of gravity indicator, ive never heard of it before. Do you do anything else [B]didilut[/B]? Such as do you close out positions that arent going your way? O and are you using the 4 hr ATR(25) or are you using the next TF up which would be daily?
And [B]Reaperkk’s[/B] results look promising as well. My results this week were similar to yours actually. [B]Fxster[/B] not sure whats going on with your results though haha. Like you said maybe doing the opposite is the way to go :D. Glad you could join us [B]SPR[/B], and thanks [B]reaperkk[/B] for answering that.