99.99% profitable forex system

[grisleback]

Hopefully no one has requested this yet. Just a guess but it looks like as soon as one of the bands is touched you start selling or buying with the thought it will eventually return to the other set of bands

 

http://cgi.ebay.com/99-99-PROFITABLE-FOREX-SYSTEM-/170560918450?pt=LH_DefaultDomain_0&hash=item27b63913b2

 

Here's his other system, I've seen the star indicator on the chart, I believe it repaints

 

http://cgi.ebay.com/Forex-System-Metatrader-4-95-profit-/170561795434?pt=LH_DefaultDomain_0&hash=item27b646756a

 

http://cgi.ebay.com/ws/eBayISAPI.dll?VISuperSize&item=170561795434

[bigMacD]

wot is wrong with people such that they see a stupid heading like "99.99% profitable system" and dont run the opposite direction as fast as they can

[hedgehog]

wot is wrong with people such that they see a stupid heading like "99.99% profitable system" and dont run the opposite direction as fast as they can

 

They eat McD Big Mac for breakfast? :)

[joeytrader]

The first one looks remarkably like a center-of-gravity chart. I think I have seen it before, it is on a thread called Oan4x (or something like that) here on the forum.

 

If I remember correctly, Oan4X uses a limited Martingale, ie. double up when the price goes against you by X amount of pips, then double up again if price still further goes against you by another X amount of pips. And when price goes 3 times the "X" amount of pips against you from your first pending order, you lose your all three positions. You will get high winning ratio, but a single loss can have VERY bad effect.

 

Also, Center-of-Gravity repaints constantly, it is the nature of this indicator. But many people seems to have success with trading this on higher timeframes.

Edited November 8, 2010 by joeytrader

[shady2500]

The second system you can find it in here .... http:// www.f0rexfact0ry.com / showthread.php?t=261425

 

stay way from this seller, he is just selling things that you can find it for free anywhere!!

 

and the center of Gravity you can find it anywhere as well but it's not good!!

[grisleback]

The first one looks remarkably like a center-of-gravity chart. I think I have seen it before, it is on a thread called Oan4x (or something like that) here on the forum.

 

If I remember correctly, Oan4X uses a limited Martingale, ie. double up when the price goes against you by X amount of pips, then double up again if price still further goes against you by another X amount of pips. And when price goes 3 times the "X" amount of pips against you from your first pending order, you lose your all three positions. You will get high winning ratio, but a single loss can have VERY bad effect.

 

Also, Center-of-Gravity repaints constantly, it is the nature of this indicator. But many people seems to have success with trading this on higher timeframes.

 

I found a system called Quest 100 on FF that is close. Probably simular entry/exit rules

http://www.forexfactory.com/showthread.php?t=71040