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Posted
anyone out there with a good trading system for the daily timeframe,should pls help post it on the forum:(

 

Dear sleeky111,

 

What do you mean by ...a G00D trading system..?

What you are l00king for in the G00D trading system..?

 

 

 

Have a nice day

JBest

Posted (edited)

"75% accuracy" by itself doesn't mean anything.

 

 

Here's one for you, just demo it for awhile:

 

EU, Daily. Check at the beginning of the new daily bar.

 

24 SMA shifted by 1.

 

When the SMA moves up, buy.

When it moves down, sell.

 

100 pip SL.

 

If you get stopped out and the SMA is still moving in the same direction, reenter.

 

That's it.

 

 

I'll bet you probably won't use it because it's boring.

 

 

 

 

i mean a trading system with atleast 75% accuracry that can be used to trade the daily timeframe?
Edited by conglo
Posted

If there were such a system then almost everyone would be using it and not bothering with these threads.

Look for Fozzy, Lindencourt, 3 or 5 bar reversal, Dean Saunders 10 min Wealth Builder...

Conglo's suggestion is similar to others that wait for the price to move towards the sma then breaks away again with an important candle.

 

Loads of systems that can be seen as successful in history but are just a hopeful bet at the hard right edge.

Posted (edited)

The fewer indicators the better.

The fewer rules the better.

Candles make no difference.

 

My best methods use no indicators whatsoever.

 

H4, no indis:

http://www.myfxbook.com/members/ammo/heyma-h4/152937

 

If you're curious read some of my earlier posts, I've posted the rules.

 

 

 

If there were such a system then almost everyone would be using it and not bothering with these threads.

Look for Fozzy, Lindencourt, 3 or 5 bar reversal, Dean Saunders 10 min Wealth Builder...

Conglo's suggestion is similar to others that wait for the price to move towards the sma then breaks away again with an important candle.

 

Loads of systems that can be seen as successful in history but are just a hopeful bet at the hard right edge.

Edited by conglo
Posted

Conglo, nice results, congrats!!!

I only wish I could find your description of rules -without going through all of your many,many,many posts. You are really productive -and sharing. Thanks and my sincere respect.

 

Maybe you could give us a hint for an easier search.

 

Regards

 

indo37

  • 1 month later...
  • 4 months later...
Posted

@conglo:

 

Here's one for you, just demo it for awhile:

 

EU, Daily. Check at the beginning of the new daily bar.

 

24 SMA shifted by 1.

 

When the SMA moves up, buy.

When it moves down, sell.

 

100 pip SL.

 

If you get stopped out and the SMA is still moving in the same direction, reenter.

 

That's it.

 

 

I'll bet you probably won't use it because it's boring.

 

Traders need an edge.

 

What TP you suggest, or what time you close the position? Is a SL from 80 Pips and a TP of 240 Pips maybe better (RR = 1:3) What you think, Sir?

 

Or maybe multiple positions: one with a fix TP and the other one let run until the SMA change the direction.

 

Your Experience?

 

Thank you!

Posted
Conglo, nice results, congrats!!!

I only wish I could find your description of rules -without going through all of your many,many,many posts. You are really productive -and sharing. Thanks and my sincere respect.

 

Maybe you could give us a hint for an easier search.

 

Regards

 

indo37

 

A further pledge: Conglo, could you -- or someone else -- give a hint or links for finding your systems?

 

Thanks again

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