What is your trading strategy ?

Scotty888 posted:
Charts patterns all the way for me. Price action is king. Double top and double bottoms is my preferred strategy

oshaban posted:
As a trader and programmer since 15 years ago, I have had the chance to try and code hundreds of strategies. Always trying to make it simple but almost nothing work.
At the last 2 years I come with the idea to make a group of interested traders on Skype to develop one of my EAs who made 184% in 8 days then 420% in just the next 4 dsys but later the profit start going up and down which means we can't rely on it. It was named by Candle-Breakout ea. We are now 24 group members. We are almost one year working on it. The project lead to many ideas and finally we are working on Currency Strengths... It gives great results (some times)... (tp=5 pips... sl=50 pips)...
Here is one of members report..
.
Results for today

First account
Pepperstone demo standard
Strength =0.20
Total trades =111 trades
Winning =107
Loss=4
Profit 2886$
1 lot trades

Second account
Pepperstone demo standard
Strength =0.15
Total trades =133
Winning =128
Loss=5
Profit=3407$
1 lot trades

When you come to the topic of currency strength in trading you will find everything is logical, specially when you see that most of the trades close faster than you used too.
But sometimes you find the market is not going the way you used to it. So, our main work now is to find when to use currency strength the efficient way to finish this project as soon as we can.
I advise to not neglect this topic. It is very profitable if you play it right.

togr posted:

oshaban posted:
As a trader and programmer since 15 years ago, I have had the chance to try and code hundreds of strategies. Always trying to make it simple but almost nothing work.
At the last 2 years I come with the idea to make a group of interested traders on Skype to develop one of my EAs who made 184% in 8 days then 420% in just the next 4 dsys but later the profit start going up and down which means we can't rely on it. It was named by Candle-Breakout ea. We are now 24 group members. We are almost one year working on it. The project lead to many ideas and finally we are working on Currency Strengths... It gives great results (some times)... (tp=5 pips... sl=50 pips)...
Here is one of members report..
.
Results for today

First account
Pepperstone demo standard
Strength =0.20
Total trades =111 trades
Winning =107
Loss=4
Profit 2886$
1 lot trades

Second account
Pepperstone demo standard
Strength =0.15
Total trades =133
Winning =128
Loss=5
Profit=3407$
1 lot trades

When you come to the topic of currency strength in trading you will find everything is logical, specially when you see that most of the trades close faster than you used too.
But sometimes you find the market is not going the way you used to it. So, our main work now is to find when to use currency strength the efficient way to finish this project as soon as we can.
I advise to not neglect this topic. It is very profitable if you play it right.

Sounds interesting.
When market goes against your strength analyses could it be fundamentals [or trump] influence?
How do you solve that in backtets?

oshaban posted:

togr posted:

oshaban posted:
As a trader and programmer since 15 years ago, I have had the chance to try and code hundreds of strategies. Always trying to make it simple but almost nothing work.
At the last 2 years I come with the idea to make a group of interested traders on Skype to develop one of my EAs who made 184% in 8 days then 420% in just the next 4 dsys but later the profit start going up and down which means we can't rely on it. It was named by Candle-Breakout ea. We are now 24 group members. We are almost one year working on it. The project lead to many ideas and finally we are working on Currency Strengths... It gives great results (some times)... (tp=5 pips... sl=50 pips)...
Here is one of members report..
.
Results for today

First account
Pepperstone demo standard
Strength =0.20
Total trades =111 trades
Winning =107
Loss=4
Profit 2886$
1 lot trades

Second account
Pepperstone demo standard
Strength =0.15
Total trades =133
Winning =128
Loss=5
Profit=3407$
1 lot trades

When you come to the topic of currency strength in trading you will find everything is logical, specially when you see that most of the trades close faster than you used too.
But sometimes you find the market is not going the way you used to it. So, our main work now is to find when to use currency strength the efficient way to finish this project as soon as we can.
I advise to not neglect this topic. It is very profitable if you play it right.

Sounds interesting.
When market goes against your strength analyses could it be fundamentals [or trump] influence?
How do you solve that in backtets?

Just wait to either hit tp or sl!

oshaban posted:
vontogor, I'm sorry for the delay. I have been sick and also environment around is very tough (electricity and Internet long hours cuts and also bombing around) :(

No trading records yet because everything is still testing and continuous settings and coding changes.
Sure, I will post some as soon as I got more stable results. But this topic is really worth to put an eye on it.

togr posted:

oshaban posted:
vontogor, I'm sorry for the delay. I have been sick and also environment around is very tough (electricity and Internet long hours cuts and also bombing around) :(

No trading records yet because everything is still testing and continuous settings and coding changes.
Sure, I will post some as soon as I got more stable results. But this topic is really worth to put an eye on it.

Bombing around?

oshaban posted:

togr posted:

oshaban posted:
vontogor, I'm sorry for the delay. I have been sick and also environment around is very tough (electricity and Internet long hours cuts and also bombing around) :(

No trading records yet because everything is still testing and continuous settings and coding changes.
Sure, I will post some as soon as I got more stable results. But this topic is really worth to put an eye on it.

Bombing around?

Yes. I'm living in Libya. Did you hear the news for last few days?
Things now are much better.

RampUpToForex posted:
What scalping strategy do you use? I tried it but just lost so much money. What is the trick? Even with ECn broker and low spreads I make no money