Stephen
Stephen
  • Project Manager 在 Self employed
  • 229
Project Manager Self employed
Stephen
Stephen
Results for the week on demo using new indicator and strategies were good. I started off with fixed lot and then changed to 2% of free margin later during the week. Results would have been better using a free margin strategy from the beginning. Using a 40 pip trailing stop on all pairs, here is the results for the week. Ignore USDZAR - I was testing to see margins/spreads and it wasn't a real trade.

Also, I missed some trades that happened because of my time zone - I really don't want to get up at midnight and 4am to check charts.

Thinking now there is a way to automate this strategy and will do some tests.
Stephen
Stephen
Something new I've been working on - custom indicator showing buy and sell signals - 8 sells, 7 buys for 13/15 win rate on this chart using a trailing stop - seems to work very well on 4h charts - will post results at end of this week
Stephen
留下反馈给开发人员为工作 Custom indicator for MT4 - hnp2500
Stephen
Stephen
Today's trade .. thought process of opening the trade: has been in a downtrend, now a pullback .. some mixed signals from Powerplay (not all sell signals) but the trend had been a strong downward push .. got short signal from Powerplay and short signal from my indicator ..
Daniel Stein
Daniel Stein 2014.12.17
Congratulations to this 50 Pip downmove until now.
Stephen
Stephen 2014.12.17
Thanks Daniel. I closed it for 45 pips profit
Stephen
Stephen 2014.12.17
Also to note: I had my stop set just above the previous bar highs at 13.5 pips
Stephen
Stephen
Same secondary currency (JPY) but totally different result .. Analyzer PRO helps to keep you out of a marginal trade
Stephen
Stephen
I don't rave about products very often, but here is a perfect example of why the Blueball indicators are a huge part of my trading toolbox .. the charts speak for themselves
Stephen
Stephen
I've tried not sleeping ... it sucks
I guess the only option left is moving .. any suggestions? GMT +1 probably, but which country?
Dmitriy Kononov
Dmitriy Kononov 2014.12.16
Russia)
Stephen
Stephen 2014.12.16
I already live somewhere cold .. if I'm moving, I would like to go somewhere warmer LOL
Stephen
Stephen
I need to move to a different time zone because GMT -8 sucks. Or just not sleep ...
Stephen
Stephen
Simple and mechanical:
I have the following on my charts:
Blueball IT Analyzer PRO: https://www.mql5.com/en/market/product/2651
Blueball IT Powerplay: https://www.mql5.com/en/market/product/3502
20 EMA
Pivot points
Custom indicator I had programmed for me
Bottom indicator window has Williams %R and TRIX overlay


How to trade it:

Check in Analyzer PRO for the best pairs to trade (low risk)

1: My custom indicator shows sell
2: Powerplay shows sell
3: Sell at the open of next bar, set first SL above previous bar highs (about 88 pips in this case)
4: Trail SL behind Powerplay
5: Market takes out the trade 530 pips later

Low risk (only 88 pips risked!) and high reward setup. These happen daily!

You could also use a "set it and forget it" approach instead of manually trailing your stop. Set your TP to the next pivot area. Take your profits and be done, wait for the next trade set up to happen.

Does this work 100% of the time? NO! I have yet to find a trading method that is 100% effective. Does this work often? YES!

Lower your risk by getting the tools and learning how to use them.

I will do a full review of the 2 Blueball products I have on their respective sites, but I can say with confidence that these are easy tools to learn and use. If used with proper risk and money management, you can watch your account balance go up daily.
Stephen
Stephen
Hopefully someone was able to get this move today. Unfortunately I was sleeping when it started due to my time zone. There were a couple of nice re-entry points and very nice TP points at the pivots. I also have a custom indicator which I use to confirm trades, which makes the other arrows, checks and Xs.

The BlueBall systems work, no doubt about it.
Stephen
留下反馈给开发人员为工作 Custom indicator for hnp2500
Stephen
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