Are there secret forex strategies in the forex market?

Grole posted:
There is one trade secret: there are no secrets.
Everyone chooses his own strategy. The strategy may be unsuccessful, or it may be profitable. It must be remembered that the market is changing and a successful strategy can turn into a failure.
Experiment and find your strategy.

I got your point; really depending on any specific setup is an illusion! There have so many parameters that we need to consider to open a new trade; so depending on few technical tool is meaningless here!

I'd say no! But there are free Ebooks available from the database at ' iMetaTrade ' covering well known profitable strategies!

Vanquish posted:
I'd say no! But there are free Ebooks available from the database at ' iMetaTrade ' covering well known profitable strategies!

If these strategies are so profitable then why doesn't someone just code them into an EA and make a billionbucks

flashoutline posted:

Vanquish posted:
I'd say no! But there are free Ebooks available from the database at ' iMetaTrade ' covering well known profitable strategies!

If these strategies are so profitable then why doesn't someone just code them into an EA and make a billionbucks

True; this is why, I always prefer manual trading! Because, depending on others trading system is meaningless!

For a successful trading career you have to work step by step first learning , create a plan , focus and stick on the plan and make sure its accurate and according to the risk management aspects

Are there secret forex strategies in the forex market? answer yes; from experience making my own ea;s robots;i have made 2-3 that i searched internet and found nothing even close to mine.so there must be people with secret methods.99 percent of trading methods use indicators for a start.indicators were started for sharemarket.i use candlesticks open/close combined with speed of price movement. plus price high and lows.there many ways to trade without indicators.some people use volume even though there is no one single exchange.some big players have computers that troll the internet looking at peoples picks;other people troll news using computers to make picks.a good coder can do all these things for right price.i am sure some traders use indicators and make money long term less than 1 percent. but i think traders should stay away from them. years ago when interests rates were high carry trades were just about bulletproof.for example there was 5 percent difference between nz/usd pair bank interests rates.who knows what grid and martingale methods that are being used to make money;with variables mainstream traders. know nothing about.all a trader needs is a edge to money just a little. one.if you worry about brokers costs and tricks use big stop losses and take profit. trades take longer though.

rickyb posted:
Are there secret forex strategies in the forex market? answer yes; from experience making my own ea;s robots;i have made 2-3 that i searched internet and found nothing even close to mine.so there must be people with secret methods.99 percent of trading methods use indicators for a start.indicators were started for sharemarket.i use candlesticks open/close combined with speed of price movement. plus price high and lows.there many ways to trade without indicators.some people use volume even though there is no one single exchange.some big players have computers that troll the internet looking at peoples picks;other people troll news using computers to make picks.a good coder can do all these things for right price.i am sure some traders use indicators and make money long term less than 1 percent. but i think traders should stay away from them. years ago when interests rates were high carry trades were just about bulletproof.for example there was 5 percent difference between nz/usd pair bank interests rates.who knows what grid and martingale methods that are being used to make money;with variables mainstream traders. know nothing about.all a trader needs is a edge to money just a little. one.if you worry about brokers costs and tricks use big stop losses and take profit. trades take longer though.

This user doesn't share any systems currently.

jonathan89park posted:
does not take breaks

Baazex posted:
For a successful trading career you have to work step by step first learning , create a plan , focus and stick on the plan and make sure its accurate and according to the risk management aspects

Learning is the key; no doubt on it! Besides, having a good trading strategy is very crucial; without having it the journey will be so painful!

There are no secrets totally, just plain practice about everything. Can we make it possible or not? Let's talk to all other people that all of that is simply untrue no matter how hard they will try they will get only this in return anyway. Big thanks!

This is THE secret to be successful on Forex !
I started trading on Forex 10 years ago.
At the same time i started learning how to code Expert Advisors.
Every strategy that i made , failed on backtests

It took me 9 years to write an EA that actual works.
I had to write 22.154 strategies to find the right one.
I made more than 500.000 backtests to find the right pairs.

So this is my advise.
Learn how to code your own ideas on Ea and one day you will be profitable.


The advantage of automatic trading vs manual trading is the backtest.
With manual trading you have to wait 1-2-3 months to see if it works.(and you ll never be sure)
With automatic trading you have to wait 1-2-3 minutes you can be SURE if it works
So time is money.. Invest your time wisely

Вместо того, чтобы искать 'секретные' стратегии, попробуйте выяснить, как рынок действительно работает.
Стратегия как правило одна, меняется только тактика. Учитесь понимать рынок, учитесь вести среднесрочную игру или долгосрочную т.к. это выгодней, не большая шумиха будет вам не страшна. Выберите один инструмент или два, а не десять, изучите все его манеры, и будет вам счастье :).
Forex- это большая работа, не только с рынком, НО и с собой.

giannis posted:
This is THE secret to be successful on Forex !
I started trading on Forex 10 years ago.
At the same time i started learning how to code Expert Advisors.
Every strategy that i made , failed on backtests

It took me 9 years to write an EA that actual works.
I had to write 22.154 strategies to find the right one.
I made more than 500.000 backtests to find the right pairs.

So this is my advise.
Learn how to code your own ideas on Ea and one day you will be profitable.


The advantage of automatic trading vs manual trading is the backtest.
With manual trading you have to wait 1-2-3 months to see if it works.(and you ll never be sure)
With automatic trading you have to wait 1-2-3 minutes you can be SURE if it works
So time is money.. Invest your time wisely

While I agree with you about the principle, I can't agree with you about backtesting.
The right backtesting with tick data precision takes day or even weeks.
So you can't possible BT half million strategies.

togr posted:

giannis posted:
This is THE secret to be successful on Forex !
I started trading on Forex 10 years ago.
At the same time i started learning how to code Expert Advisors.
Every strategy that i made , failed on backtests

It took me 9 years to write an EA that actual works.
I had to write 22.154 strategies to find the right one.
I made more than 500.000 backtests to find the right pairs.

So this is my advise.
Learn how to code your own ideas on Ea and one day you will be profitable.


The advantage of automatic trading vs manual trading is the backtest.
With manual trading you have to wait 1-2-3 months to see if it works.(and you ll never be sure)
With automatic trading you have to wait 1-2-3 minutes you can be SURE if it works
So time is money.. Invest your time wisely

While I agree with you about the principle, I can't agree with you about backtesting.
The right backtesting with tick data precision takes day or even weeks.
So you can't possible BT half million strategies.

There are software like FXCM Trading Station 2 and forex tester , that are much faster than MT4

Humberttim posted:
I have never seen one that works but I have seen traders that make money. They must be using some kind of secret strategy

the secret has to be risk management, climb profit ladder SLOWLY and also keep emotions in check. thats the hardest part for me tbh

AdamCantor posted: Need to work on yourself.

There are some signals you will notice if your trading certain pairs long enough that can help you ,sometimes they appear and sometimes they don't ,it's up to you to figure them out.
People write the Algos not robots
Bias creeps in behaviours repeats.

togr posted:

giannis posted:
This is THE secret to be successful on Forex !
I started trading on Forex 10 years ago.
At the same time i started learning how to code Expert Advisors.
Every strategy that i made , failed on backtests

It took me 9 years to write an EA that actual works.
I had to write 22.154 strategies to find the right one.
I made more than 500.000 backtests to find the right pairs.

So this is my advise.
Learn how to code your own ideas on Ea and one day you will be profitable.


The advantage of automatic trading vs manual trading is the backtest.
With manual trading you have to wait 1-2-3 months to see if it works.(and you ll never be sure)
With automatic trading you have to wait 1-2-3 minutes you can be SURE if it works
So time is money.. Invest your time wisely

While I agree with you about the principle, I can't agree with you about backtesting.
The right backtesting with tick data precision takes day or even weeks.
So you can't possible BT half million strategies.

If your strategy takes 1 day to backtest then your code needs rewriting. No EA should backtest that slow.

The strategy can be secret to you exactly until you have fully understood it or you have certain questions about its content or application in practice. Each of them has certain nuances, you just need to give yourself time and not be afraid to make a mistake. That's all.