Suggestion My Holy Grail After 4 years of trading

[Enjamul Ahsan]

same here .. but only 8% DD .. all green here
View attachment 117248

GBPAUD will go up. I am trading this page. Keep hope.

 

[Bullilulli]

bp2000

Hi.
Is there a chance to make the Magic number possible to change in your next update?
It would help to test different setups in terms of TP and pipstep.

Thx again for your work and sharing.

 

[Guz Trolini]

GBPAUD, i'm holding

tropezia, you are welcome to decide what you want to do, but candle formation at that support level suggests more pound weakness later today...

Guz

 

[penyuarwana]

i suggest run it between gmt 2 to gmt 13 dont run in 0 to 23 thats suicide sir.,

what current gmt server you used sir., utc,gmt+1,+2.....

 

[trizzzzlez]

before

after

 

[Guz Trolini]

More commentary for the system. GBPAUD at weak support. The H1 down trend line could not be broken, this is also a good example of previous support becoming resistance. Price failed at the order block. To make the system more solid, we need an indicator that is very accurate with extreme support/resistance.

My GBPAUD sell entry was inside the red order block. My target down is the bottom of the structure/ 100pips.

Guz

 

[saranea]

More commentary for the system. GBPAUD at weak support. The H1 down trend line could not be broken, this is also a good example of previous support becoming resistance. Price failed at the order block. To make the system more solid, we need an indicator that is very accurate with extreme support/resistance.

My GBPAUD sell entry was inside the red order block. My target down is the bottom of the structure/ 100pips.

Guz

View attachment 117295

you right

 

[wadser]

More commentary for the system. GBPAUD at weak support. The H1 down trend line could not be broken, this is also a good example of previous support becoming resistance. Price failed at the order block. To make the system more solid, we need an indicator that is very accurate with extreme support/resistance.

My GBPAUD sell entry was inside the red order block. My target down is the bottom of the structure/ 100pips.

Guz

View attachment 117295

for me thats not prob.,u simply set proper mm.,in mycase idont mind if x signal go wr9ng.,i simply add trade wvery 30pips double lot size.,as a trader average 50 to 80 pips it will reverse,so ita awasteoftime for filtering weak support or resistance if u can. Mm using martingal every30 or35pips.,for me if i put more filtering
,i usually missed good trade because of fear of weak supp or resistance.,so for my own riski justsimply calculate mm forworst.like imreadyif price go wrong .im readt toputtrade every 30 pips.instead of waiting for perfect signal from lots of filtering,i just trade between gmt 2 to13 and avoid if posible friday and big news holiday.also lower lot size dec.jan and trade normal lot size mid feb.,or to be safe dont trade dec and jan

 

[Crecias Shiburi]

Yes I agree , good MM and recovery strategy is better. I opened another account at 260 usd, the other is on 600. This system can work even on small account, just have to be careful.

 

[loverhh]

wow 3 pairs simultanly with only 260?? you have big balls my friend we are trading 1 symbol at time with 2k

 

[Crecias Shiburi]

wow 3 pairs simultanly with only 260?? you have big balls my friend we are trading 1 symbol at time with 2k

I will show you results later

 

[Guz Trolini]

for me thats not prob.,u simply set proper mm.,in mycase idont mind if x signal go wr9ng.,i simply add trade wvery 30pips double lot size.,as a trader average 50 to 80 pips it will reverse,so ita awasteoftime for filtering weak support or resistance if u can. Mm using martingal every30 or35pips.,for me if i put more filtering
,i usually missed good trade because of fear of weak supp or resistance.,so for my own riski justsimply calculate mm forworst.like imreadyif price go wrong .im readt toputtrade every 30 pips.instead of waiting for perfect signal from lots of filtering,i just trade between gmt 2 to13 and avoid if posible friday and big news holiday.also lower lot size dec.jan and trade normal lot size mid feb.,or to be safe dont trade dec and jan

I used GBPAUD as an example because the ADR for that pair can be heavy, yesterday the pair did 200 pips, if you allow price to move against you by that much you are in trouble. But, if that's how you trade, not for me to say.

Guz

 

[Guz Trolini]

Update: I like the potential of the system, but we need to improve the entries!! EURUSD hit profit target, GBPAUD 8 pips away from target...these were all manual entries.

 

[wadser]

View attachment 117301
gbpnzd 1.5 pips from target.

after holding this trade for 3-4 days with an approximate 10% drawdown at one point, it recovered and paid off rather well even after commissions and negative swap were deducted.

gpbnzd trade usually nets about usd2250 per trade but this 3-4 day 14 trade journey ended with usd9000+ in profit.

so what’s the lesson here?

the answer is patience.
give the ea a chance.

good things come to those who wait =)

i fear this pair sir hehe..i avoid it ever since haha.,anyways congrats u got it

 

[wadser]

thank you, dear =)

it can happen on any pair: long periods of large drawdown.

whether trading manually or autotrading, the money management rules apply to both situations.

moh mentioned he keeps margin level above 10k on his 1:888 leverage account.

on bp’s ea, the default settings call for usd5000 per 0.01 lot size traded in autotrade mode.

these are signs you really need to respect if you’re planning to go live with the system or ea.

i am implementing usd1000 per 0.01 lot size. that’s 1% trade size per position and i still think its too large.

personally, i feel bp’s 5000 / 0.01 is a lot safer.

if you’re trading 5 or 10% lot size or more per position, you’re in for a surprise!

experience will be your greatest teacher.

yah experience is my weapon.,for now i use 3 pairs that correlates other ea.and now i use this pair also for this threads strategy and EA...for balance trading.,if one is drawdown the other pair is profit.,its off topic but i share some insight.,..trading is not about many pair to trade.,u have to be aware of hours either asis london us.,for my style i trade gmt 2 to 13..and closed trade before friday.,or for safe not to trade friday.,in my experienc fridays is risky.,for me.,and also mind also holidays.,elections.,big news.,december or january avoid and continue mid feb.,

 

[loverhh]

BP2000 is it a problem to implement the new feature what I written you? a little answer is for now enough for me

 

[loverhh]

I think I only can make some simple changes.
1. add Magic Number
2. add Min. Margin Level

but to block to max 1 or 2 pairs simultanly is it so much work? or to implement the M5 filtering too? with a pulldown.. yes/no?

 

[alaakenanah]

Mr.bp2000

First of all thank you

I think to be more accrued for super signal expert only open one trade when the candle completed on HI and red zone or blue zone no need open after three or four candles .

 

[sugarated2]

View attachment 117301
gbpnzd 1.5 pips from target.

after holding this trade for 3-4 days with an approximate 10% drawdown at one point, it recovered and paid off rather well even after commissions and negative swap were deducted.

gpbnzd trade usually nets about usd2250 per trade but this 3-4 day 14 trade journey ended with usd9000+ in profit.

so what’s the lesson here?

the answer is patience.
give the ea a chance.

good things come to those who wait =)

Woow!! Such huge lot size. .. Is this a real or demo account.. . ?

 

[Guz Trolini]

mohdridzuan, I did some past analysis on mostly the major pairs using periods starting just before the Corona pandemic started. What I found was that price action on most pairs changed significantly. My thoughts therefore (you do not have to agree with this) is that abnormal market conditions which brought more than usual volatility could be the issue. Have you compared your trading results using the system before Corona vs. now?

For me personally, price action has changed, so just curious if you found the same before we make too many changes.

Thanks
Guz