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IslandFX Discussion
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IslandFX

Member Since Mar 03, 2010  41 posts Rob (IslandFX) Mar 03 2010 at 19:31
Custom start is set from 04/01/2009
Trades prior to this date are not based on the current system rules.

Trading for a living, the best job in the world.
IslandFX

Member Since Mar 03, 2010  41 posts Rob (IslandFX) Mar 21 2010 at 13:05
We are aggressively increasing lot size in this account. DD may increase but we expect an increase in ROI to match the additional risk.


Trading for a living, the best job in the world.
rosdikasim

Member Since Sep 29, 2009  20 posts Rosdi Kasim (rosdikasim) Mar 21 2010 at 13:26
Hi do you mind sharing your system rules?

Simplest is best.
shaquille75

Member Since Dec 20, 2009  26 posts vit (shaquille75) Mar 21 2010 at 19:09
hello,

do you offer any trading service?
is it possible to join your strategy?

thank you

APDirect

Member Since Mar 22, 2010  1 posts Andy (APDirect) Mar 22 2010 at 07:07
Hi,

APDirect on the Gold Coast, as above do you offer any trading service?
is it possible to join your strategy?

Thanks

marketsystems

Member Since Jan 19, 2010  18 posts Market Systems Limited (marketsystems) Mar 22 2010 at 19:01
Is this some sort of daily bar based system?

E-Trading Technologies
IslandFX

Member Since Mar 03, 2010  41 posts Rob (IslandFX) Mar 23 2010 at 01:53
About the system:
The trading strategy has been running for approximately 7 - 10 years, I cannot remember the exact date I started.
I use hourly charts along with a propriety indicator to give a trend change entry.
I use a target exit based on historical statistics as a trailing stop gives back too much profit.
Signals are generated on EU GU EJ and GJ however I rarely take more than one entry signal at a time.
There are usually 7 - 10 signals a month so risk per trade is usually around 3.67% - 5.5%.
The system cannot be automated as we have tried in the past for a period of 12 months without success.
We would like to offer a managed funds service for clients however we do not have a Financial Services License.
We are currently investigating options to make a signal service or similar available so that other traders can also profit from the strategy.

Regards
Rob


Trading for a living, the best job in the world.
marketsystems

Member Since Jan 19, 2010  18 posts Market Systems Limited (marketsystems) Mar 23 2010 at 20:21
have almost finished modifying my EA to connect and store trades to our website database, will use it to provide signal service on our website stock-trkr.co.uk & eurekabot.co.uk. so if you need any coding help or want another attempt at an automatic version contact me as using metatrader as a signal generator is no problem...

E-Trading Technologies
marketsystems

Member Since Jan 19, 2010  18 posts Market Systems Limited (marketsystems) Mar 23 2010 at 20:23
oh, you can do that without any special financial licence or similar. It is after all just a piece of software (with an appropriate disclaimer!) not investment advice. With these systems the risk is the individuals..

E-Trading Technologies
shaquille75

Member Since Dec 20, 2009  26 posts vit (shaquille75) Mar 28 2010 at 11:18
please, let me know if you start a service, i am interested.

thank you.

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