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Trading system forex funyoo

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Let us take one of the best MACross strategy to date, the SMACross H4 and optimize the stop loss from 0 no stop to , in steps of 50, as you can see here:. As you can see, the guess of pip stop loss was the correct one. All the other stop loss results amount to half or one third the performance.

A takeprofit is a straightforward way for a trader to set a price target at which their position will automatically be closed so the trader can take profit on a trade. The benefit to this is that it sets forward a rational approach to locking in profits. The disadvantage of a profit target is that can take off the trade too early, before it has run its course, and you are thus missing out on potential profit.

If you arbitrarily set a profit target number, then it will invariably mess up your strategy. The best way to determine the need and value of a profit target is through optimization. In fact, it is interesting to note that all TakeProfits that are less than pips result in negative performance. If the strategy depends so highly on the freedom of movement, as seen in this profit target optimization, it foreshadows that it will not take kindly to any form of premature alteration — such as trailing stop, trailing profit or breakeven.

The trailing stop is a stop that continuously adjusts itself n pips in the direction of the trade in order to help lock in profits. Most standard trailing stops auto-adjust the trailing stop n pips for every x pips increase in price. This is very basic, and probably not so useful. Here are the main variables one can manipulate regarding the trailing stop in the properties tab of the EA:. This will immediately make the stop loss to be 15 pips from entry , no matter the original stop loss size.

From there the stop loss will automatically increase on long position for every increase in price from entry. This is the common form of trailing stop — but one of the least effective. If market goes up 40, it protects 30 , and it will continuously increase from that point with the market. This combo is probably the most effective of the five. This will immediately make the stop loss to be 15 pips from entry.

From there the stop loss will automatically increase on long position every 15 pips increase in price from entry. The trailingstop thus acts as a step threshold with this combination, as opposed to the continuous increase of combo 1. The strategy will go to breakeven when position is 15 pips up, and protects 15 pips when position is 30 pips up, etc. Here there is no change in price unless the market doubles its trailingstart size.

If market goes up 80, it protects 40, and then every 15 pips additional, it protects 15 more pips. If market goes up 40, then it moves the original stop loss up by the value of the trailingstop, or 15 pips, so that the stoploss is now 85 instead of Every additional 15 pip increase, the stop is increased proportionally.

After examining all the combinations, combo2 is perhaps the best. It has the classic profit threshold that must be reached prior to initiating the trailing stop. It is also the only one that preserves unchanged your original stoploss amount. The idea behind the trailing stop is that it allows you to let profits run while at the same time guaranteeing at least some realized gain is made. Often the disadvantage with the trailing stop is that, no matter which combination is selected, or how well optimized the variables, the trailingstop undermines the performance of most systems.

Currencies generally have a wide trading range that makes the use of trailing stops problematic. The wide range and frequent micro contractions hit the trailing stops and prevent the strategy from running its full course. You will notice that the markets often retrace to the trailing stop, and then find second winds that move up to higher prices that your premature trailing stop prevented you from cashing in on.

The best use of trailing stop is probably with a short term or scalping strategy. For the medium term trend-following strategies like the MACross on H4 timeframe, every trailing stop combination undermines its performance. The trailing profit is a reverse variation of the trailing stop.

Most combinations of the trailingstop need the price to increase in value prior to initiating and moving the stop upwards. The trailingprofit, in contrast, needs the price to travel against the position — and it modifies the profit target lower for every pip interval the price has travelled south.

Here are the main variables one can manipulate regarding the trailing stop:. This will immediately make the TakeProfit to be 15 pips from entry , no matter the original TakeProfit. From there the takeprofit will automatically lower on long position for every decrease in price from entry. This means that if the market falls down 40 pips or more, then a continuously adjusted takeprofit of 15 is added to the market low.

The trailingprofit is a very rare exit methodology, and it should be used with caution. I have seen it on scalping systems, and that is where it probably has more potential. Be careful that you test the trailingstop and trailingprofit features on live demo accounts in addition to backtesting because the MT4 Strategy Tester has difficulty portraying the accuracy of a backtested system that depends on continuously updating stop losses or takeprofits.

The breakeven stop kicks in at a predefined level and then shifts the stop loss to breakeven plus a variable pip amount such as 1. It functions with the intent to let your profits run while at the same time guaranteeing that at least you will not lose money on a reversal.

The breakeven is seen as beneficial in the sense that if the market moved in your favor by x pips, then the stop will adjust to breakeven point and you will be trading on the risk of your profits only. The breakevengain represents the predetermined level you want to be in profit before the stoploss is shifted to breakeven. I like that you are able to adjust this breakevengain AND breakeven amount because it allows you to play with more possibilities than just the simple breakevengain alone.

Because the breakeven stop is set a predetermined level and is not continuously adjusting its stop upwards like the trailing stop, it works better to give more breathing room to the trade. It serves to protect profits just like a trailing stop, but it does not get hit as frequently. The problem with the breakeven is that if the breakevengain is set to low, your stop might get hit right away.

Unless you are using a scalping strategy, I would make sure that the breakevengain is no less than You should be prepared to optimize the breakeven variables for your particular strategy to see the right fit. Nevertheless, no matter how well optimized the breakeven parameters are, there is a high probability that breakeven stop will detract from the performance of the strategy. Even though it is inherently better than the trailing stop in letting the strategy breath, in that it is static and not auto-adjusting, it still constricts the strategy.

The wide range and frequent micro contracts can hit the breakeven stop and prevent the strategy from running its true course. You might think you are protecting your strategy when in fact you may be doing it more harm than good. The best use of a breakeven is with a short term or scalping strategy. An alternative way of determining the general stops is the dynamic stops set on the average true range ATR. The ATR helps to determine the average size of the trading range.

In other words, it indicates the volatility of the market and how much it moves from one point to another. It is dynamic because it gives different pip levels for each currency and timeframe — and these levels change with the volatility of the market.

The atrperiod default is 14 because that is period Wilder had in mind when he discovered the ATR. Whenever you want to activate the atrdynamics on a specific general stop, the factor of that stop must be greater than 0. The factor or multiple of the ATR generally replaces all the pip values that we explored in relation to each of the general stops. The same potential benefits and cautions apply to all the general stops. The ATR dynamic version of them adds the extra benefit of these general stop levels to adjust automatically based on the particular range and volatility of the the currency and timeframe of the strategy.

If you want to activate the ATR dynamic stops as a a replacement of the Stoploss or TakeProfit, you must make sure that you properly calibrate the Stoplevel as well, for it is designed to indicate the minimal Stoploss and TakeProfit level. In the illustration above, I am setting up for optimization all three paramaters, the slfactor , the tpfactor , and the Stoplevel. It is simple and straightforward and less prone to overoptimization. Re: Coding Help by bilbao mladen wrote: No errors in this on those are fixed and a lot of warnings are fixed.

But some warning that remained may cause execution issues the "check operator precedence for possible error; use parentheses to clarify precedence" may cause serious problems and those must be completely rechecked - which, in many cases is almost impossible to do. Re: Coding Help by mladen bilbao wrote: thanks very much it made by funyoo on Re: Coding Help by ambivijay hello mladen, this is my first post here after the tsd , its greatful starting station for helping traders like me, thanks.

Re: Coding Help by mladen ambivijay wrote: hello mladen, this is my first post here after the tsd , its greatful starting station for helping traders like me, thanks. Latest posts. Last post by rogerha Thu Oct 14, pm. Last post by mrtools Sun Mar 20, am.

Little coding help please! Cycle Bar indicator 3 Replies Views. Last post by codeCollector Tue May 10, pm. Re: Tell me how stupid is my …. Indicators shouldn't be your starting point, your start. Forexlearner , Tue Jun 21, pm. Please attach a button to this: AutoTrendLine.

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Sistemas automaticos de trading forex How to Trade Forex: Step-by-step Guide. This is exactly what I am doing now. Indicator is just a tool. An alternative way of determining the general stops is the dynamic stops set on the average true range ATR. The breakeven is seen as beneficial in the sense that if the market moved in your favor by x pips, then the stop will adjust to breakeven point and you will be trading on the risk of your profits only.
Ipo list 2007 Hey thanks funyoo, those results are promising and I'm sure someone will be able to take the EA and adapt it to be more profitable. That indicator alone should bring home some good pips if used only in the same direction of the 4hr EMA crossover. I am not sure what I am doing wrong? Learn Forex. Forex Brokers.
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Trend Follower 11 Replies Views. Last post by chickensword Tue Jun 21, pm. Trading Pullbacks System Replies Views. Last post by Meyney Tue Jun 21, pm. Binary Destroyer 7. Last post by Deked Mon Jun 20, pm. Last post by honje Thu Jun 16, am.

The Jesus Strategy 69 Replies Views. Last post by chickensword Sun Jun 12, pm. A simple system for scalping operations 9 Replies Views. Last post by cpfleger Sat Jun 11, am. Last post by Intrest 1 Mon Jun 06, am. Last post by Ogee Thu Jun 02, am. What trading system is this? Last post by sal Sun May 15, pm. Last post by constbln Mon May 02, pm. What's your favourite Oscillator? Last post by honje Sun May 01, pm.

Last post by honje Sun May 01, am. Mobile fractal 0 Replies Views. Last post by Thabang Thu Apr 28, pm. Is equity-based lot a martingale? Last post by ionone Sun Apr 24, am. Is this why EAs fail in live trading? The signals are easy to spot and the rules are clear and easy to understand. So while you might find renko charts to be different in their appearance, they have a unique capability of showing you the trends as well as help you to easily identify support and resistance levels.

The momentum indicator show trend by remaining positive while an uptrend is sustained, or negative while a downtrend is sustained. A crossing up through zero may be used as a signal to buy, or a crossing down through zero as a signal to sell.

How high or how low when negative the indicators get shows how strong the trend is. The conventional interpretation is to use momentum as a trend-following indicator. This means that when the indicator peaks and begins to descend, it can be considered a sell signal. The opposite conditions can be interpreted when the indicator bottoms out and begins to rise. How to maximize profit and minimize loss in forex trading — Today we will learn how to use Forex Trend Channel Trading System with Momentum indicator to maximize profit and minimize loss.

These tips and trading system are easy to understand, easy to apply and even better will increase your profits dramatically. Instead, trading can better be learned by first, identifying the major trend and second, finding trading opportunities within the overall trend. By finding trading opportunities in the overall trend, you can still have great Risk: Reward ratios without needing a rare sequence of event s are for a reversal to occur.

Finding trading opportunities within the overall trend is easy with Forex Trend Channel Trading System. They perform self analysis to see what drives their trades and learn how to keep fear and greed out of the equation. Before you enter any market as a trader, you need to have some idea of how you will make decisions to execute your trades. You must know what information you will need in order to make the appropriate decision about whether to enter or exit a trade.

But, whichever methodology you choose, remember to be consistent. And be sure your methodology is adaptive. Your system should keep up with the changing dynamics of a market. Many traders get confused because of conflicting information that occurs when looking at charts in different time frames. What shows up as a buying opportunity on a weekly chart could, in fact, show up as a sell signal on an intraday chart.

Therefore, if you are taking your basic trading direction from a weekly chart and using a daily chart to time entry, be sure to synchronize the two. In other words, if the weekly chart is giving you a buy signal, wait until the daily chart also confirms a buy signal. Keep your timing in sync. Forex Trading System with a smart and reliable indicator of the trend lines True Trendline.

MA TrendLine is highly accurate trend following forex strategy. The system gives you clear signals which will definitely help you to make best trades. The chart looks very clean and professional. Forex MA TrendLine can be used to trade in any time frame with any currency pairs but make sure that you are trading in a trending market not flat.

Despite the fact that this system can be used on any time frame, time frame above 15 minutes is preferable since market is less chaotic in larger time frames. Most of them are custom made indicator. There is an indicator which looks like bbands stops named as volty channel stop.

A custom made moving average which is named as Vh. Forex Trend Session Synergy Trading System is trend following and momentum strategies in forex markets. Trend following and momentum strategies is a trading strategy used by many successful trading systems. Trend following trading is not very complicated in terms of rules.

It can be quite tough in reality but the trading rules themselves are often not that complex. It will calculate and display a moving average using the bar interval, moving average type, length, and price source that you have selected. This allows you to plot moving averages based on a bar interval that is higher than your current chart interval.

If you do not specify a bar interval then the moving average will be calculated in the chart interval. Multiple moving averages can be loaded into the same chart.

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View funyoo's profile on Forex Factory. Replied to Daily or 4HR trading system (IM BACK!) Files, Apr 17, Replied to Interesting GBP System File. Forex Trading analysis and performance of Step By Step EA NU M5 by Forex Trader funyoo. View the profile of Forex Trader funyoo - forex trading systems, strategies and forum posts.