Brainwashing System / Asctrend System - page 3

[Sergey Golubev]

And this is the example of the other entry (+21 pips for now): we see big blue dot but we are waiting 1 bar for iTrend confirmation and after that only we will open the trade

MetaTrader Trading Platform Screenshots

GBPUSD, H1, 2013.05.16

MetaQuotes Software Corp., MetaTrader 5, Demo

gbpusd h1 bw

[Sergey Golubev]

This is example with bad entry: I opened the trade without iTrend confirmation and most probably - it will get stop loss (it may be about 20 pips in loss):

 

MetaTrader Trading Platform Screenshots

EURUSD, M30, 2013.05.16

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd m30 bad entry

[Alain Verleyen]

newdigital:

This is example with bad entry: I opened the trade without iTrend confirmation and most probably - it will get stop loss (it may be about 20 pips in loss):

 

You came too late right? iTrend is in blue above 0 so it's a confirmation, not ?

[Sergey Golubev]

angevoyageur:
You came too late right? iTrend is in blue above 0 so it's a confirmation, not ?

Not, it was not confirmation: iTrend was in blue and above zero, but iTrend was not above the level.

[Alain Verleyen]

newdigital:
Not, it was not confirmation: iTrend was in blue and above zero, but iTrend was not above the level.

Ah ok, understood.

[Sergey Golubev]

This manual trading system can be backtested on the chart. I mean - we can scroll the chart back to a week for example to backtest concerning the entries and exit to make a conclusion about 'how many pips', or which pair was profitable for the last week. Because iTrend levels are placed automatically for any period of time.

[ARMANDO STOCCHI]

Good evening

Does exist these indicators in  mt4 ?

Thanks

Armyda 

[Mirza Baig]

newdigital:

This is example of good entry (I am traduing this system manually today for few pairs) - USDJPY M15.

We can see iTrend color, and it was above level on the bar with big dot, besides - i moved stop loss on right place ... so - it is good example of good entry (+13 pips in profit for now):

 

Hi New Digital !

The above trade made profit or loss ? You seemed to have sold the pair somewhere in between 102.290  and 102.210, I can see from the black dotted line but the next candle...it moved up, didn't it hit your SL ?

Thanks 

[Sergey Golubev]

Shunmas:

Hi New Digital !

The above trade made profit or loss ? You seemed to have sold the pair somewhere in between 102.290  and 102.210, I can see from the black dotted line but the next candle...it moved up, didn't it hit your SL ?

Thanks 

I do not remember (i am travelling for a week now using netbook only sorry).

I am not using take profit with this system so it is always about stop loss. This system can be used with very small deposit size and that is why I like it (I am using this system to recover the deposit after losses).

[Sergey Golubev]

Just one example about losing trade - stop loss was moved (by me :) ... as i do not have any special tools yet) by trailing stop ... and trailing stop is the line of the indicator ... to make it shorter - it is +1 pips (4 digit pips):

 

MetaTrader Trading Platform Screenshots

USDCHF, H1, 2013.05.20

MetaQuotes Software Corp., MetaTrader 5, Demo

example

That is why this system can be used with very very small deposit size.