Some details on my system…
On the daily chart, I’ll add trend lines, S/R lines along with fibbs. Then, on the 1H and 15M chart, I’ll look at MAs, MACD and RSI to determine the current trend and I’ll trade accordingly, taking into account the mess I’ve drawn on the daily chart. That pretty much sums it up. Nothing too fancy.
Not wanting to promote any competitor sites, (mods are welcome to delete this)
myfxbook works with oanda…
I don’t know what it is…
Well I’m not allowed to post links in here so if you google myfxbook I’m sure you’ll find the web site, which is the same sort of deal as mt4pips but can source data from Oanda, Now, you have no excuses 
myfxbook looks good. Is there anything like that which works with FXCM? I dont my Myfxbook does.
Why would anybody with a highly successful system would like to make it unsuccessful by sharing it to the crowd of consistent losers? 
It is a good thing to share stuff how to learn successful trading or sharing experience, but sharing a system in detail just makes it unsuccessful over time and in the end nobody has any gain from it.
That is the same story as giving away a highly successful business model for free in detail. Which intelligent life form would do that?
Why does a system become unsuccessful if shared? Because market makers and the market adapts to it. There are a lot of examples. At fpa for instance the initiator wrote about sharing a news breakout system and how it became unsuccessful after time.
Does anybody believe Warren Buffet and all the other rich guys would ever share their details? They tell you something about buying cheap and selling expensive, but this is just cheap stuff. They would never ever tell you how their business model works in detail. Same second they would do it, it would just give evidence it is not successful anymore.
I guess those ppl who share everything they know about their successful system in detail just can’t stand their ego and want to stand in the light of the crowd instead of making money. Those ppl you can find at myfxbook and others. But at least they will fail, because after a while the system becomes unsuccessful and all the followers will blame the system initiator then, though they for themself are the fools, because they just followed the crowd, and we all know the crowd can never win.
At the end there are two different roads: Consistent successful systems (kept confidential) and short time successful systems (shared in detail). The latter one leads to the crowd of 95% losers.
My advice if asked would be: Be warned! Don’t share everything. Don’t put trades on any system. Why would you want to do that?
I am completely satisfied if you would continue giving some statistics about your success rate. Just to see how successful you are. That’s all I like to know. The same second you would share your system in detail I would know it would never become [U][B]consistent[/B][/U] successful.
Just an opinion though.
Can mt4llive, mt4pip and myfxbook has record strategy or system ?
I hear that their only recording your trading not strategy/system.
That is true. If I use it, I don’t think that you can see my indicators et-up, nor the logic behind entry/exit points. All you will see will be “short @ X, closed @ X”, etc.
But, to be honest, as I’ve stated earlier, I’m only putting a few hours per day, not that many and I don’t feel like adding some work with a new software.
On the other hand though, it could be a very useful tool to filter my stupid moves. You guys could point out my mistakes (or straight out insult me for being such an idiot) so I don’t make those mistakes anymore. Let me a few more days/week to really get going (as it’s still the beginning of my journey) and then I will share with your software.
That’s enough for the crowd. They would use your system while following your trades 1:1 and if that system is really successful and make a killing it would take a bit of time after the market would adapt to it and it would not be successful anymore.
Better keep that confident, if it’s really successful.
Yeah that’s right. I just assume what I’ve learned with my other businesses and based on my experience what I have until now in forex and other investments and professional fields since 30 years. 
Well, how the market changes and if it affects to the system is probably dependend on the system and in which way the market is changing, isn’t it? You probably do not assume the systems are all like the same, right? Nor do you know all systems, right? How can you assume they all have to get adapted?
If you have a very complicated system with a lot of different static setups, I am with you. But if you have a system which just uses basic filters and not more than 1-2 variables and use them in a way that they adapt automatically to the market (atr comes to mind for setting an sl for instance), if it also self adapts to a trending or ranging market and so on, you rarely have to change anything, because the system will do it for itself. Speaking just about robots here, but you could also create such a system for manual trading. Just not as easy to do.
I do not know what the exact reason was that your system became unsuccessful after time and if you used a robot, but couldn’t it just be that one factor was sharing it? How do you know it was not a reason?
In every little corner of a business life confidence is a factor. Particularly in the money markets there are insider rules. Those rules show that ppl with more knowledge than others would use it for their own advantage, which makes sense. Why would that not be in forex?
I have here also one link which explains very well over the site that market makers are doing everything to get information and advantage over their customers:
market maker - market depth - market making in a futures market - specialist
Plus I have seen with my very own eyes how a broker was fishing stops while the price charts were around 5-10 pips different than with another broker. If they are fishing stops, how would they resist to learn about a system which is highly successful, trying to at least go against it?
There is another reason for my strong opinion: Whoever I know about successful systems, they all keep it confident in detail. That is no secret to me.
Though, I am talking here about really successful systems and not systems which work for a time and then stop working, because they are overtuned. Or systems with big drawdowns, martingale or something like that. Or just a small roi system. Those are the systems you may find everywhere and it is just as risky or more risky to follow them than to think for yourself and have an own system. Because the next profit could always be the last profit and then the losses let the account run out of money.
So please let me ask: What was the consistent roi of your system and for how long was it consistently profitable until it was not working anymore?
Thanks for sharing your stats. Looks nice. Well, I can just give you some info about my own robot then:
Backtested over 2 years with 27 signals and 57 trades (after several filters - before the filter there were 200 trades, still highly profitable, but some losses) and 100% success rate. 5 or 6 (forgot the real number) of the last trades were also parallel with a live account. All trades profitable without any doubtful price moves. 100%. And all backtested trades are identical to the live trades. Tolerance just 1 or 2 pips.
I have only one really important setting and that is easy changeable if I need to do so. Right now there is no reason, though. The robot looks for itself for trends, ranging, s/r …
Just that.
1000% roi in one year. Or was it 1.5 years? Ha ha, I am not really sure and it does not matter, because that is just a maximum and probably not average. If I have 100% roi over time consistenly p. a., that would be enough to me.
The point is: You do not need anybody to trade with this robot. Just to look for a good connection. So, that’s a money machine for 2 years backtested and around 3 months live and if you doubt it, no problem. It’s my roi anyways not yours, ha ha. 
Maybe your system would be more successful if you would not share it? I don’t know. I would never share my system. There is a lot of work now which I put into and just the 0.01% possibility it would become an account killer is enough reason to me to keep it away from the crowd.
Risk is 4% for the first trigger trade, another 4% for the turbo trade and 12% for the big iceberg ride. That’s related to mm.
I attached a chart of the trades, though it is a bit older and the last moves are not on there. Here are some stats of the report:
Initial 1500.00
deposit
Total net 14482.90 Gross profit 14482.90 Gross loss 0.00
profit
Profit factor Expected payoff 263.33
Absolute 55.06 Maximal 1985.87 Relative 23.04%
drawdown drawdown (21.10%) drawdown (859.78)
Total trades 55 Short positions 17 (100.00%) Long positions 38 (100.00%)
(won %) (won %)
Profit trades 55 (100.00%) Loss trades (% 0 (0.00%)
(% of total) of total)
Largest profit trade 2338.56 loss trade 0.00
Average profit trade 263.33 loss trade 0.00
consecutive consecutive
Maximum wins (profit in 55 (14482.90) losses (loss 0 (0.00)
money) in money)
consecutive consecutive
Maximal profit (count 14482.90 (55) loss (count of 0.00 (0)
of wins) losses)
Average consecutive 55 consecutive 0
wins losses
Sorry, no profit factor, as it is infinite profitable. 
For how long did you use your system you said before changing some settings? I checked the robot as I said for 2 years without changing anything.
There are no settings, I trade with my brain. Looks you’re in your early stages of learning forex. Good luck.
Yeah, but you said you changed something. So how long did you use your system until you changed something? Or do you change all the time something? Even if you use your brain, you would have settings or setups, wouldn’t you? Like crossing mas or candle patterns or something like that. At least some signals, where you react. A brain does not work very different if it comes to trading than a computer. Just slower than a computer. In the end it all goes to computers and they act on your keyboard entries. You can’t tell a computer he must read your brain.
edit: If you have no problems to share everything in detail, as you mentioned before, why do you not share everything now?
Impresive, it is live trading or backtesting ?
If i had a 100% win rate. With it backtested 2 years and a few months live then i wouldnt be speaking about it here! I would be on a chillin on one of my islands in Hawaii
Hell yeah!
So you would go to your bank and ask for a big credit line, increasing your risk?
Ya know why the losers always lose? They look only up and never down. They have no clue how to manage life, money and risk. They buy things before they have the money and have unreal dreams.
A 100% success rate is really nice, but nobody knows the future. There will probably a few losses and decrease overall success a bit. That’s why I rather count on compounding, building up my account and a debt free nice life. I do not live in a slum. It’s nice here already.
I can buy my island in a few years, if that works out. I do never rush. Plus I would buy nothing around Hawaii. There are better places. 
Definitely. There is Cleveland. And Detroit. 
Well, I keep that for vacation then.
Cleveland in Texas is not so bad.
i think i love your simple strategy of trding, and i think having a plan in place is the great stratey any one will ever have. keep it up any and i love to learn from this system…now keep sharing we are learning.
