fonsov

I have started my account again and am running Pipsodog on it.
This is yet another evolution of Kalinka's hedging strategy, and it works in such a way that it increases lot sizes (much like the old Pyramid did) as price moves away from averaging. The end result is that drawdown is hedged and locked up, and the averaging close out lines are shifted to always be close to price, so a move that shakes up and down will most likely close all the trades out.
It is similar to martingale, except for the fact that the hedging works in both directions... so it would be very hard to kill. Your balance would shoot up like a rocket on a unidirectional move with no retracement.... to the point where the drawdown is still low because of massively increased balance..., and the close-out line is within easy reach of price... so no waiting 6 months for price to come back (only for your account to explode!)
 
It is making about 30% a month, which is seriously good.
 
I'm really upset that my previous live account exploded, otherwise this EA would be making crazy money now... It will take about 12 months, by my calculations, to get my money back with this EA. *sigh*
That should be long enough to test it, and consider continuing to run it however.

Just a quick update.
 
I had Magelan trades close out after staying open since November last year. That's a good 6 MONTHS.
So the hedging works, but you can fully expect some trades that are hedged to lock up trading for that long if you get unlucky.
 
It's important with Magelan to never use more than 1.0 risk total, because I had the USDCAD at 1.0 and on this 6 month odyssey it reached 60% drawdown at times and scared the **** out of me. On three pairs, 0.33 risk would obviously be safer... or just stick to the one pair.
 
Only problem with one pair is that, at least with the USDCAD trades, it was locked up in hedging for months and it wasn't able to make any good trades. On the flip side of that you could have multiple pairs going and racking up trades in the interim, but one of them would always likely be in drawdown, meaning that closing out the account and withdrawal could be a problem.
 
To that end, I am sticking with Tornado for now. The drawdown has stayed low on one pair (EU) at 1.0 risk.
Averaging per month it gets 7-8%. That's good enough for me. With any luck I can quit my job in 3 years in relative safety.

By the way, I tested out Trend Raptor 1.41 for a little under a month and it made 5% on the account -- no drawdown as all trades closed in profit.
Definitely not making the crazy money they have in their videos, but 5% is quite good. Let's not knock that.
 
Given that most of their EAs average over 5% a month (even though they are slated to make more)... it may be best to look at Tornado FX. It makes almost as much as Magelan with considerably less risk. At it's price it is also a bargain....

My trading friends,
Here is a webinar that will be of value added to your arsenal of price action . Using Price Patterns for High Probability Trades by Todd Mitchell of Trading Concepts. Enjoy:
 
https://www.mediafire.com/?fd8516wihik7w7h

Remote Desktop Connection
 
This is the third way to have a "tunneled" or completely isolated and secured connection between computers.
Remote Desktop Connection [Full Tutorial]
.

39% Of Forex Traders Are Profitable
 
I hope you’re OK reader, after all that must have come as quite a shock. Now you’ve picked yourself up the floor, after reading the article title, which is a fact (well kinda), we’ll dwell on the subject at hand; why do so many lose at trading forex and what are the adjustments so many have to make in order to be in that top forty percent of winners?
 
OK, before we go any further let’s firstly deal with the 39% of winning traders quote. The fact comes as courtesy of forexmagnates in their redux lite version of a report covering the profitability and performance of USA based forex brokers. The leading figure was 39.1% client profitability from a broker who had circa 24,000 active accounts. There’s also other interesting snippets of information that are worth noting before we move on.
 
http://blog.fxcc.com/wp-content/uploads/2012/01/39-percent-of-forex-traders-are-profitable.jpg
 
There was a steep fall in the number of accounts and activity levels in 2011 whilst the percentages of profitable traders increased. This could suggest a couple of interesting points, firstly are we collectively getting better at what we do? Or (and it’s not mutually exclusive) have a lot of ‘amateurs’ left the arena, gone back to the day job, leaving the numbers to be enhanced by the superior or more proficient traders? More importantly the number of brokers has shrunk, only the fittest of traders aided by most regulatory compliant firms will thrive.
 
* Number of forex accounts held with US forex brokers drops by more than 11,000 to all time low of 97,206
* Clients’ profitability is up 6.4% on average, second consecutive quarter that profitability is improvin
 
The US retail forex industry is now showing obvious signs of slow down, the number of non-discretionary retail forex accounts held with US based reporting brokers down to record 97,206, the lowest count reported since Q3 2010 when first such report was released. The extreme regulatory climate has made it extremely difficult for American brokers to attract new clients. However, out of the top ten forex clients listed the lowest recorded level of profitability was circa 32%.
 
It’s fascinating how many of us would receive a paradigm lightening bolt to our pre-conceptions when hit with the kind of figure that led this article. I’m not alone in taking ‘at face value’ some of the data and assumptions that come our way as forex traders. Instinctively I ‘knew’ that the unsubstantiated figure often hurled around trading forums; that only 10% of traders are profitable, was nonsense.
 
Having enquired at director level and read a comprehensive investors intelligence report, the reasonable figure for success was estimated at 20%, double the previous assumption, but 39% certainly took many by surprise the first time it was published, even more so that the top ten USA brokers have clients enjoying a 32% success rate. There is, however, a caveat, my twenty percent figure includes spread betters who could in theory be skewing the data due to being much worse traders (en masse) than pure play forex traders, a theory worth examining at a later date.
 
A question often raised by these type of success stats is “are a tiny percentage of successful traders distorting these figures?” But generally percentages, averages and the distribution of random data doesn’t work like that, and we should already know this being traders. If circa 40% of trades are profitable then the figure for the percentage of actual traders being profitable will be fairly close to that number.
 
In the first paragraph we posed the question why are so many traders unprofitable? Well armed with this new information I wonder if that assumption shouldn’t be examined in more detail. Firstly, out of the circa 97,000 live accounts held in the USA roughly one third are profitable, now not all of these account holders will be full time dedicated sole occupation forex traders, some accounts would be used as ‘punting’ accounts, folk who bet as opposed to trade (and we can save the obvious cerebral discussion on the difference for another time).
 
It’s impossible to gauge that breakdown of actual numbers of profitable traders from the information and data, but a figure above 50% would be a fairly safe bet and let’s just take our logic a stage further; in order to be full time, (for some time), the vast majority would have to be profitable, otherwise they’d simply give up the job. It’s interesting to note the further away we’re moving from this fantasy 10% figure the more we analyse a small piece of hard (audited) data.
 
There’s another aspect to this debate on success that’s also worth mentioning, perhaps supporting the view that FX is the best environment to trade in. If the wider trading success figure is closer to 20%, but the top ten USA FX brokers’ clients are all above 32%, then are we being delivered an obvious message there? If you want to enhance the probability of being a profitable trader then trade FX over and above equities, or indices and only consider using (dare I say it) an ECN/STP broker such as FXCC.
 
Here’s my own take on a more human level so to speak; I refuse to accept that anyone who has gone through my pain barriers over the past five years or so, who has gone to the extremes of discovery I realised was compulsory in order to become a consistently profitable forex trader, wouldn’t ultimately be successful and by successful I’d suggest a metric of taking a regular and reasonable salary or investment return of the forex market. And as I’ve stated on numerous occasions unless you attack our ‘forex challenge’ full time you’ll never ‘kick off the shoes’ and trade part time in a laid back fashion, that’s a luxury that only comes from experience.
 
Back to the question posed in the initial paragraph; “why do so many lose at trading forex and what are the adjustments so many have to make in order to be in that top forty percent of winners?” I’ll leave you with six reasons and please feel free to join in on the blog with your own suggestions or additions. Now I’m not about to ‘eulogise’ on the reasons and of provide solutions, it’s a straightforward list and there’s no riddle, the answers are there, the solution evident.
 
But firstly a recap, if close on forty percent of traders are successful then success as a profitable forex trader may be more in reach than you’d first envisaged. And that one figure, far higher than most would have anticipated, should be heralded as encouragement for fledgling traders.
 
Six Reasons For Failure
Read the full story
 
Source: FX Central Clearing Ltd, (http://blog.fxcc.com FXCC Blog)
URL: http://blog.fxcc.com/39-of-forex-traders-are-profitable

nice find dhinesh89. thanks.

Here we have the full system - indicators and manual
http://www.4shared.com/file/5uvYlVXO/VMA_Rainbow.html

Here it is, if you can, make more mirrors please:

http://mir.cr/IJ5ZLAKC
Regards

Here is the site :
http://www.theultimatetradingsystem.com/theonesecret.htm
Here is the download :
http://www.multiupload.com/P823KEK9X0
 
Thank you all

FMT took a beating in December and the first week of January. Hope most of our friends on this thread were either taking a break from trading due to the holidays, or if trading, hopefully your money management kept you from getting hurt too badly.
 
In general, I assume most momentum-based or trend-based systems tend not to do well in holiday periods anyway.
 
Without pasting the author's monthly email summary here, he admits December was the only losing month in 2010, and that overall 2010 was profitable overall.
 
In case anyone is trading this by the old rules, author also added an optional rule to not trade after a long candle. (But he did not specific length of how long is considered "long"). In other words, if the candle previous to trade signal was too long in your intended direction, then no trade.

Ok..heres a good modification.
 
I tested Nov1 - December3 manually and got
 
13 Profits, 7 Loss, 5 NoLoss in GBP/USD
 
Got 13 Trades Profit, 4 Losses and 5 No Trades in EUR/USD
 
So GBP/USD (240 pips) and EUR/USD (440+pips) = in 33 days
 
Thats pretty good.
 
What i changed? I changed GMT to 6.30-8.30
 
hmm...nice manual strategy

Hello,
 
As requested by some of you, and for the others:
 
F-o-r-e-x M-e-n-t-o-r: L-o-n-d-o-n C-l-o-s-e
 
http://www.forexmentor.com/londonclose/londonclose-head.png
 
Please help to mirrors those files !
Size 326 MO
 
Mirror from staw ;-)
 

If you like it just leave a kudo ;-) Regards,

I wrote OHLC indy, so it will add OHLC lines of previous day by default or you can change barBack to 1,2,3 etc .. or you can add one indy with barBack=1, another one with barBack=2, etc..
 
 
http://www.4shared.com/file/LjhNAZDW/ohlc_al.html

Educated mq4
 
Here is the educated mq4 fixed. Disabled expiration date in the code.hxxp://www.mediafire.com/file/22z37pjxkk0lc3p/TradeBuilder%20-%20Classic.mq4
 
This is only the mq4. you will have to get the other indicators used in system from the original download link.
 
 
First of all I would like to say you are very welcome to the 4 people who have said thanks as of this edit. For those who have downloaded this educated mq4 and have not said thanks I ask why not? Are you so lazy that you cant click the thanks button or just thoughtless of the time that was spent on this indicator. At the time of this edit there were 30 downloads and only 4 people thoughtful enough to say thanks..I don't mean to speak for others on this forum that work very hard to bring these systems and indicators to everyone for FREE, but come on guys say thanks to them for their hard work. I little appreciation goes along way...
 
Now I will step down off my soap box. thanks for listening.

http://www.forexmentor.com/coaching/nobleentry.gif
 
Small Risk Entries for Big Return Profits - The Noble Entry Technique
 
As an enhancement to the support/resistance course, Vic has just finished a course on a very specific entry technique that will allow you to enter trades at key levels with extremely small risk!. As an enhancement to the support / resistance course, Vic has just finished a course on a very specific entry technique that will allow you to enter trades at key levels with extremely small risk!. Vic created this course because he realizes many times traders find themselves at a key level, but are unsure if the level will hold or not, and if so, how much to risk on the trade. Vic created this course because he realizes many times traders find themselves at a key level, but are unsure if the level will hold or not, and if so, how much to risk on the trade. This technique, called the "Small Risk Entries for Big Return Profits - The Noble Entry Explained " has been designed specifically for these situations. This technique, called the "Small Risk Entries for Big Return Profits - The Noble Entry Explained" has been designed specifically for these situations. We are offering this to you as a bonus because it is a great complement to the Support/Resistance course. We are offering this to you as a bonus because it is a great complement to the Support / Resistance course.
 
course Content
 
Why the Big Deal?
The Importance of S&R Levels The Importance of S & R Levels
The Sell Method Explained The Sell Method Explained
Comparing the Entries Comparing the Entries
Manage the Trade & Take Profit Manage the Trade & Take Profit
The Buy Method Explained The Buy Method Explained
What's the Downside? What's the Downside?
Use with Your Favorite Trade Use with Your Favorite Trade
 

http://www.4shared.com/file/To9Q1g4Q/Entrypart1.htm http://www.4shared.com/file/170535470/a1a09800/Entrypart2.html

Links:
 

***** mir [ dot ] cr/BXXEEEZU mir [ dot ] cr/BDP74G8J *****
 
 
The links above contain the same files, just multiple places to download.
 
Enjoy! ;)

This is Not a Forex system but I here that it is a good system . I have not used this but I would think that some good,bright member here could possibly adapt this to Forex.
I have included the sales page for you..
Enjoy
Patheway
 
 
Do you have what it takes to be a Millionaire Trader?
 
Discover...
 
 
 
"The Breakthrough Trading System Nicolas Darvas Used To Turn
$30,000 Into $2.25 Million In
Just 18 Months!
 
 
 
 
 
 

http://drop.io/ydwwglx
 
 

http://www.darvasstore.com/darvas-system.htm

Description:
 
watchlivef0rextrades.com/Private_Trading_Room.html
system-5oo.com/
 
 
Please see sites above for details.
 
 
Change the ZERO (0) in watchlivef'0'rextrades.com to an o (o) prior to heading over to the link.
 
Change the two o's (oo) in system-5'oo'.com to ZEROES (00) prior to heading over to the link.
 
 
Links:
 
hotfile.com/dl/48761962/7ac02bc/ca.pdf.html
sharingmatrix.com/file/8286273
megaupload.com/?d=GEVQPBNX
ziddu.com/download/10316582/ca.pdf.html
rapidshare.com/files/399697907/ca.pdf.html
zshare.net/download/772948499347a5aa/
sendspace.com/file/6ljy2h
mediafire.com/?ngijmmgwiz3
megashare.com/2230625
www23.zippyshare.com/v/95859946/file.html
2shared.com/document/B4XWFR-3/ca_online.html
uploading.com/files/8e7e7c23/ca.pdf/
ifile.it/wtodu4r
x7.to/fc0e7s
easy-share.com/1910981887/ca_0.pdf
freakshare.net/files/myg0t33s/ca_0.pdf.html
filefactory.com/file/b214ah8/n/ca_0.pdf
netload.in/dateielNElXWtTc.htm
load.to/SC2wohFmDn/ca_0.pdf
storage.to/get/w113ruPL/ca_0.pdf
filefront.com/16769623/ca_0.pdf/sharebase.to/1,reMYne5Uj5.html
uploadbox.com/files/3da5cd14f0
ugotfile.com/file/1591970/ca_0.pdf
 
 
Some of the sites above may require you to type www at the root of the domain name prior to linking.
 
 
Enjoy! :P

New Links

http://r@[email protected]/files/395724799/Bobs_Advanced_Classroom_Sessions.part1.rar http://r@[email protected]/files/395725136/Bobs_Advanced_Classroom_Sessions.part2.rar http://r@[email protected]/files/395726010/Bobs_Advanced_Classroom_Sessions.part3.rar http://r@[email protected]/files/395726022/Bobs_Advanced_Classroom_Sessions.part4.rar http://r@[email protected]/files/395726002/Bobs_Advanced_Classroom_Sessions.part5.rar http://r@[email protected]/files/395726013/Bobs_Advanced_Classroom_Sessions.part6.rar http://r@[email protected]/files/395726259/Bobs_Advanced_Classroom_Sessions.part7.rar http://r@[email protected]/files/395725860/Bobs_Advanced_Classroom_Sessions.part8.rar