It's an interesting idea but I'm with you, I don't think it will work in the long term.

Pure Risk to reward trade System - 1 to 3- Totally random entries

The short answer is no, not completely finalised the rules but I believe we have a solid foundation. Good to have a trader of your calibre see some merit in it though!

Quick and Dirty EOD

Sometimes getting to break even can actually be detrimental to your profitability. You will take more losers by letting your trades either hit the stop or the take profit but you will never be stopped out at break even on a trade that would have ...

Quick and Dirty EOD

No worries, good trading.

Quick and Dirty EOD

Glad to hear it, let's see how next week goes.

Quick and Dirty EOD

Yeah, maybe we could add some filters and then get an ea?

Quick and Dirty EOD

Since I've used a different broker I will never go back to Alpari whatever they say. Just my opinion though.

Best broker for my needs?

Ethanol? You mean moonshine?

Silent Service Method

That's probably true.

Quick and Dirty EOD

I'll answer you in PM but to anyone else reading I wouldn't recommend trading with Alpari. Their spreads are definitely not the most competitive and neither is their execution. Maybe the mt5 account will be different but I'm happy with who I am ...

Best broker for my needs?

There's probably a good reason for it but why do you not use pending orders to buy the breakouts? For my Donchian channel trading I wait for the close of the candle to be above the channel top and it works fine but pending orders are profitable too, ...

Silent Service Method

Place stops on the hourly.

Swing trading with heiken ashi and stochs

Thanks. That sounds like an interesting tweak. Could you post some charts with examples?

Quick and Dirty EOD

No problem, I'm still trading this too although the thread is quiet. You can lead a horse to water...

Quick and Dirty EOD

I'm getting around 8 to 15 losers in a row but with a drawdown of between 10 and 20% and a strike rate around 30 to 40%. Lots of small losers and a few large winners. I think if you're only risking a small % of your account on each trade then a ...

Formal Trading System Development

Ok, good answer. Not sure about your stops bit though, some of the donch channel testing I have done suggests that an initial stop of just 0.5 ATR can be the most profitable on some pairs.

Formal Trading System Development

A rea$on? No wait, I get it!

Silent Service Method

Nice thread and I am interested in following this. I am ardently back and forward testing Donchian channels at the moment. I know they work and work really well with the right parameters but I am trying to achieve the best parameters without curve ...

Formal Trading System Development

I don't trade H4 anymore. I changed brokers to one with a different candle open time and realised I was opening trades at a time of day dictated by my broker?! One of my 4 hour candles closes at 1pm gmt, 30 minutes before most big news ...

Buy sell line trading

Lol, this is why I'm glad I don't have to choose, I need an abundance of both!

Buy sell line trading