• Welcome back! Thank you for being a part of this Traders Community. Let's discuss and share :)
    Selamat datang kembali! Trimakasih telah menjadi bagian dari Komunitas Trader ini. Mari berdiskusi dan berbagi :)

Suggestion My Holy Grail After 4 years of trading

Light17 said:
This is my review for this thread:
The marked blue and red zones moves away as price moves too, and the arrows repaints or recalculate.. whatever... (at least the arrow don't simply vanish).
Since the thread claims to be "Holy Grail", giving the impression of being the Grandchampion of all forex strategies ever, i felt more confident and made a trade with larger lot size.

The strategy is based on price reversal... well.. that didn't happened on the signal..
The price continued the trend and that treacherous arrow kept repainting...and i got a big Game Over.
Lost 200 usd.

This strategy may work, in some cases, but overall.. it's just not good
Click to expand...

sometimes it repaint . you need to train
 
Last edited:
MEA2022 said:
all pairs negative!!!!!!!!!!!
I use your template
I entered when both TF 15m&1h give me signal in fibo blue and red zone

View attachment 155213
Click to expand...
Hi

Your entry point looks like it needs work.
Somewhere around page 80 there is an update to this method which included a few new filters you are missing from your chart.
The original rules still applied though, and your stoch and rsi entry points looked too high to me for the original method.
 
sorinchartsarchitects said:
Dear mohdridzuan, thank you for sharing your setup, to work my way around it and perfect it.
These are the results so far, on demo account. I must say when I first found this method, I moved into it directly in live and until I finished reading all of the information, the trade was unfortunate. That made me go trough all the discussions here and understood that there are strict rules related to margin + that draw down needs improvements. Sharing your results was the key in keeping me interested in going deeper into details on this thread.

So this is what I've done. Built some new things around your setup in order to understand those pullbacks that scared a lot of people here before they even got started to use this setup. As of today, I am trading also a small live account, with 0.01 lotsize and one entry / pair, no more than 3 pairs at the time. Had my first TP hit and the other 2 are in profit towards TP level, they will close soon and look for new opportunities.

I am sharing below the results in my demo account. The trades that are not colored in green I've closed them manually, because I forgot to setup the TP :) and even missed around 15% of the extra profit because of that. But was so happy to see that they reached and even crossed the TP level before going back below it.

The other trades are ongoing, waiting for them to finish, monitoring also my 1st entry which was not spot on, it had a little drawdown, around 50$ or so where I've seen some good details that I can now use to perfect the entries and adjust my extra indicators.

For those following the thread, I recommend trying the setup at least in demo account and see how it goes. Out of 3 trades (pairs), one may get sideways for a while, but as mohdridzuan was saying, after that pullback, if its a even a strong one, then the JUMP will be massive towards the TP. I would say that it can even indicate the potential to go more than the initial TP level, but I will gather more data from the next trades on that.

The two pairs that I over traded on my first discovery, after the price went to low to be supported by my margin, they jumped 2x above the TP level. I scratched my head thinking what I have missed for not keeping all the rules aside and apply them accordingly.

Now I am applying the technical and strategy details and seeying very very nice results. I will keep using it in demo for larger lotsizes and in live account for smaller ones, for the following 2 months, to see how the setup behaves and if my addon to the setup can keep me from big drawdowns. Note: I don't have a margin level of 10.000% available, on my 3000 $ account, for the trades taken, so for those of you who try it out, take note on that rule as well and start a live account only if you can follow them 100% in order to get the results shown here.

Good luck to everyone that finds this thread
Click to expand...
could you provide link for your setup so that i can import and test
 
lucas_254 said:
could you provide link for your setup so that i can import and test
Click to expand...
Hi Lucas. You can use the template from page 72 and add zig zag buy sell indicator
More testing is needed. Even this one is not a 100% sure confirmation of trend reversal
And...the biggest killer is that we usually over trade or don't follow all the rules.
So let me know your results
 

Attachments

You must log in or register to reply here.
Back
Top