1H Strategy

[TopDog]

Hello,

 

I found a strategy for 1H and would like to share with you in order to improve it...

 

The strategy very simple:

 

1. Add ATR 14 to your chart

2. Draw horizontal line in the opening of the bar at 00:00 (GMT)

3. Wait for the open bar which cross your horizontal line (can be 01:00 or later).

4. Open trade with the trend - If the open bar was cross higher - LONG, otherwise SHORT. Use ATR for SL.

5. Use trailing stop of 20 pips

6. You'll close the trade only with 2 options:

A. Price was hit the trailing stop

B. Price was hit your SL

 

Any improvements will be welcome

Thank you.

 

[Ronnimar is the owner of it]

[ppc123]

Re: 1H Strategy

 

Anyone interesting in this sort of breakout systems should have a look at the London Forex Rush... (search in this forum)

[William1713006271]

Re: 1H Strategy

 

00:00 GMT with 20 pips???

 

It's been long (years) introduced as Dolly TS. Seems Ronnimar is another "fake artist"???

 

Regards,

[TopDog]

Re: 1H Strategy

 

Hi,

 

What or Who is Dolly TS.

 

ronnimar - I don't think it's a fake, I'm still checking this strategy and it seems quite profit.

 

I suggest all of you to check it out in demo first...

 

Good luck

[Trader99]

Re: 1H Strategy

 

Hey TopDog,

 

I think what William is saying is that this strategy has been around for some time now and was originally posted on the web as the "Dolly Trading System" ...so it is questionable whether ronnimar is the original author. If you do a search at some of the other forums for "Dolly" you will likely find it.

 

Good luck in your trading.

[azhar07]

Re: 1H Strategy

 

Sound like another variation of Dr. Zain Agha ZTL method ( I think it's shared in

this forum) which make use of London session. However I personally believe

ZTL method is not so profitable anymore due to the system already known to most

brokers and they probably find a way to beat it.

[sam_konna]

Re: 1H Strategy

 

Sound like another variation of Dr. Zain Agha ZTL method ( I think it's shared in

this forum) which make use of London session. However I personally believe

ZTL method is not so profitable anymore due to the system already known to most

brokers and they probably find a way to beat it.

 

How about Z-50 ?

[vladv]

Re: 1H Strategy

 

Sound like another variation of Dr. Zain Agha ZTL method ( I think it's shared in

this forum) which make use of London session. However I personally believe

ZTL method is not so profitable anymore due to the system already known to most

brokers and they probably find a way to beat it.

 

 

How do brokers beat/destroy a profitable sys? :-?? :o :(

[massa]

Re: 1H Strategy

 

Yes azhar07, is there some posibility the brokers are spying our accounts for hints of SL or TP? I think the only broker that would do such things are scams one and definitely fx thieves...