no, only daily TF and up and its a demo from Alpari (US)

The DIBS Method... No Free Lunch continues

metatrader, 1 minute - 1 month and in between

The DIBS Method... No Free Lunch continues

hi folks, I did a manual backtest on the daily IB for GBP/USD for the 1 year period 12/2003-12/2004. This was quite a choppy year with a trend towards the end of the year. To take the trade long or short according to the last week being up or down ...

The DIBS Method... No Free Lunch continues

Peter Crowns posted recently (post no 7100) and disclosed that another time period is as much viable as the 6.00 GMT time frame....... Did anybody do some backtesting to see what this other time frame is? The backbone of this strategy seems to be to ...

The DIBS Method... No Free Lunch continues

no curve fitting IF this 7 months sample is the same for 7 years or 14 years......... and the good thing was that every IB was taken between 6.00 and 16.00GMT for long term traders EUR/USD was even better with 17 trades out of 137 trades still ...

The DIBS Method... No Free Lunch continues

Icarus, you dont know where the price will be going after your entry, so if you trade mechanicly without looking at the price action you can aim for 1:1 or 1:5 or 1:10. If you aim for 1:10 in GBP/USD that means 12 trades will get there = 12 x ...

The DIBS Method... No Free Lunch continues

you guys better look at that post of zinc6 he looked at 7 months of data; not enough but it does give an indication. The best pair was GBP/USD, 125 trades over this period; assume 25 pips IB candle 72 trades went to 1:1, balance stopped out = 475 ...

The DIBS Method... No Free Lunch continues

yes, PC absolutely takes no 2 and generally will not close out a trade intraday, unless for a loss. a suggestion from him is to trail with a 20-day SMA, but that wont keep you in for weeks/months; 1 spike day will stop you out. I can imagine he ...

The DIBS Method... No Free Lunch continues

bought U/C off GMT 8.00 candle icarus: I know that it needs to take out the high, but thats how you play these potential breakouts: to get in early before anybody else like Peter says. will see what happens.

The DIBS Method... No Free Lunch continues

hello everyone, leigh: I saw you posting in feb`s thread and at one stage you said you would only concentrate on trading feb`s way. was it too long-term and boring? but then you got side tracked by fti`s dancing moves seeing that I`m really ...

Leighsww Journal

I did the backtest manually on 15M chart of Metatrader4 and it took hours just for 15 days. this way its better than with an EA, which I dont have. if your system didn`t work in the past, I wouldn`t even bother forward testing it. in the last year ...

100% Sure Win but only in trending n ranging.

thank you for your explanation the system looks interesting, but I would need to do a lot of backtesting to see how it would have worked out in the past....... your strategy is better than grid trading: at least you`re cutting your losses at some ...

100% Sure Win but only in trending n ranging.

yeah, I know exactly what you mean...... 4 ema under 13 ema means nothing really and that`s why I`m saying: do you really need the 4 ema. when are you selling your longs? is it when 4 ema crosses the 50 ema or if 13 crosses the 50 ema or both are ...

100% Sure Win but only in trending n ranging.

thanks for clarifying I dont think the 4ema serves any purpose.... in a ranging market it looks like the 4 and 13 ema will cross often and you will not take any action. so what is the use of the 4 ema? wouldnt it be better to just have 2 ema`s ...

100% Sure Win but only in trending n ranging.

sorry, dont know W and M I understand what you`re saying about the uptrend and the downtrend. but what happens in all the cross over scenario`s? 4 ema crosses 13 ema, but 50 ema is still be low the two? 4 ema crosses 50, but 13ema is still above 50 ...

100% Sure Win but only in trending n ranging.

I dont know what you mean by 4 13 50 ema cross up. could you explain that very detailed, maybe with a chart? thanks for your help

100% Sure Win but only in trending n ranging.

holypendant, could you tell in detail how you use the 4/13/50 ema? would it be like: I buy when 4 ema is above 13 ema and 13 ema is above 50 ema I sell all my long positions when 4 ema drops under 13 ema I short when 4 and 13 ema are under 50 ema I ...

100% Sure Win but only in trending n ranging.

it is true we never know where the price will go. having said that, it would be quite easy to look in the past to determine what would have been the best exit strategy and more than likely price will behave in a similar way in the future. and like ...

100% Sure Win but only in trending n ranging.

I dont agree with this statement at all what you are doing is limiting your winnings, instead of letting the market decide what it wants to give you. trading is all about limiting your losses and letting your winning trades run. as your are trading ...

100% Sure Win but only in trending n ranging.