Your best system

Jan 23, 2014 at 15:51
4,577 Views
94 Replies
Member Since Feb 22, 2011   4862 posts
Jan 23, 2014 at 15:51
If you have more systems here on myfxbook
Which is the best? And why?

Member Since Feb 22, 2011   4862 posts
Jan 23, 2014 at 15:51
Member Since Jun 03, 2010   696 posts
Mar 20, 2014 at 15:33
Hello!

Mine - https://www.myfxbook.com/members/adrian8891/armada2088533552/634475 (from profit point of view)
and - https://www.myfxbook.com/members/adrian8891/3ways-vegas-settings-1500/808785 (from technical point of view)

Why - 1st. gives me biggest profit , 2nd has best way of trading, a lot of methods implemented into.
PAMM MANAGER // Professional Fund Manager
Member Since Jan 16, 2014   416 posts
Mar 20, 2014 at 15:38
Mine: https://www.myfxbook.com/members/Forex21/profx-30/807523
Why: Provides constant profits and it is ideal for stress free trading.

Happy Trading!
Member Since Nov 21, 2011   1718 posts
Mar 20, 2014 at 15:50
Guys remind me to post here : )
Member Since Jun 28, 2011   465 posts
Mar 22, 2014 at 05:23
https://www.myfxbook.com/members/ForexAssistant/rise-audcad/578913
I like this one because it never loses, ultra safe (will not work in the US).

http:www.myfxbook.com/members/ForexAssistant/passive-income-generator/685841
This one was written by my first student, programer and most importantly, friend.
It feathers into a trade but closes out all at once. Every time you see a loss, look at the other trades that closed at the same time, the total is always in profit. Slightly higher risk than RISE but still ultra safe.

https://www.myfxbook.com/members/ForexAssistant/pegasus/670938
Makes more money than the others, Higher risk than the other but safer than almost everything on the market.

I focus on safety, not on get rich today programs. So the idea is to use several safe systems to diversify my holdings.

CrazyTrader; don't forget to post here!

Bob
where research touches lives.
Member Since Jan 16, 2014   42 posts
Mar 22, 2014 at 21:06
CrazyTrader posted:
Guys remind me to post here : )

Ok mate 😄
At first I was trading aggressively, but after learning much things with my friend crazytrader, I changed my style and attitude. Now I rely on discipline and MM to make money on forex.
My target is to make 5-10% every week with a very very low risk!
Here is system dedicated for autotrading: https://www.myfxbook.com/members/FxProdz/ifxpro/836574

I have another account here: https://www.myfxbook.com/members/FxProdz/pips-hunter/836483

Gonna open new systems soon! Good luck guys 😄
Quand on veut on peut
Member Since Apr 19, 2013   2 posts
Mar 23, 2014 at 08:36
Member Since Jan 14, 2014   386 posts
Mar 23, 2014 at 10:13 (edited Mar 23, 2014 at 10:21)
In my opinion the best system is must meet the following points:

1. A real (or demo) with at least 3 months history.
2. Drawdown of no more than 11%.
3. Floating Drawdown of no more than 15%.
4. Return of at least 30%.
5. Average pip win per trade of at least 30.
6. Avg. Trade Length at least 1day.
7. System must not use any scalp/martingale/grid techniques.
8. At least 100 trades.
9. Best Trade at least 200 pips.
10. Profit Factor at least 2.
11. Profitability at least 60%.


Happy trading :)

Member Since Jan 16, 2014   42 posts
Mar 23, 2014 at 12:28
ProTradersGroup posted: In my opinion the best system is must meet the following points:

1. A real (or demo) with at least 3 months history.
2. Drawdown of no more than 11%.
3. Floating Drawdown of no more than 15%.
4. Return of at least 30%.
5. Average pip win per trade of at least 30.
6. Avg. Trade Length at least 1day.
7. System must not use any martingale/grid techniques.
8. At least 100 trades.
9. Best Trade at least 200 pips.
10. Profit Factor at least 2
11. Profitability at least 60%


Happy trading :)


1- Real and demo doesn't work the same way and actually 3 months isn't enough!
2- As per average win/loss and best trade etc..., I think it's easy to play with these figures to make your average loss very low and average win very high, same thing with trade length,, so for me it doesn't prove anything!
3- Drawdown is very important, but since with myfxbook autotrading we can control the Drawdown stop by editing advanced setting, so I think the most important thing here is profitability and how long the trader survived.

Happy trading and good luck to everyone 😄
Quand on veut on peut
Member Since Apr 19, 2013   2 posts
Mar 23, 2014 at 12:30
ProTradersGroup posted:
In my opinion the best system is must meet the following points:

1. A real (or demo) with at least 3 months history.
2. Drawdown of no more than 11%.
3. Floating Drawdown of no more than 15%.
4. Return of at least 30%.
5. Average pip win per trade of at least 30.
6. Avg. Trade Length at least 1day.
7. System must not use any scalp/martingale/grid techniques.
8. At least 100 trades.
9. Best Trade at least 200 pips.
10. Profit Factor at least 2.
11. Profitability at least 60%.


Happy trading :)


Pretty much the results of my account :)
Member Since Nov 21, 2011   1718 posts
Mar 23, 2014 at 12:42
You guys are all winning so far... 80% of you have a 3 months trading history... I hope you can still post your results in one year.

One thing I would like to see to determine what system is the best would be to discover an equity above the growth.
(Orange line higher than the Red one).

=> Cutting the loss... and maximizing profits.
In addition of:
- Low Drawdown
- Profit Factor > 1

The main 3 keys of system's success.
Member Since Jan 16, 2014   42 posts
Mar 23, 2014 at 15:08
CrazyTrader posted:
You guys are all winning so far... 80% of you have a 3 months trading history... I hope you can still post your results in one year.

One thing I would like to see to determine what system is the best would be to discover an equity above the growth.
(Orange line higher than the Red one).

=> Cutting the loss... and maximizing profits.
In addition of:
- Low Drawdown
- Profit Factor > 1

The main 3 keys of system's success.

Thanks my friend 😄 I totally agree with you 😉
unfortunately my drawdown is a but high, it was my mistake when I withdraw a significant amount from my capital which brought my drawdown to 44%, it was on 5 february, but from that day my DD didn't exceed 3% 😄
Quand on veut on peut
Member Since Apr 21, 2013   101 posts
Mar 24, 2014 at 08:13
Best system we have ever seen was the coin 2FACE used 'from batman' used to decided the fate of foes he would kill. i guess this system had 50 percent accuracy 100% fatal results on the end user 😇



Original Currency Gangster - Lol
Member Since Jan 16, 2014   416 posts
Mar 24, 2014 at 12:06
*lol* Just wanted to mention that there is an EA called 'Two face' :)
Member Since Mar 20, 2014   87 posts
Mar 31, 2014 at 09:43
Best I've seen is the only one I've used for 2+ years now. Not sure it has a name.
Member Since Jul 12, 2013   3 posts
Apr 06, 2014 at 21:05
Guys try this - its different from everythink you ever saw

https://www.myfxbook.com/members/ExcellenceFX/strategy-mix-2/873539

they have bunch of insanely profitable strategies
Member Since Jun 28, 2011   465 posts
Apr 06, 2014 at 22:32
I wouldn't trust any system that blocks their open and closed trades from view. If its got something to hide, I don't want to be the one to find out what it was.

Bob
where research touches lives.
Member Since Mar 20, 2014   87 posts
Apr 07, 2014 at 09:43
@ForexAssistant
Indeed!
Member Since Feb 22, 2011   4862 posts
Apr 09, 2014 at 06:26
I like this
https://www.myfxbook.com/members/togr/fxprimusc21/756902
It is stable, profitable each month and max DD is 8% :)
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