well...i can help you there friend. a green candle is usually a bullish candle. took me about 2 secs to figure it out, why has it taken you +4 years of experience??? only jk

The Coin-Flip Theory

i have backtested on six different months in random years. 4 tests were blown accounts, 1 was OK, but not millionnaire and 1 actually worked. odds are not that bad, it is certainly do-able. i think you need to just get lucky that the month you try ...

The Coin-Flip Theory

hi Jysticim, nice to see you back in the thread and yep i was aware you were not strictly going for 2:1 RR in your original post but i was just expressing that this is the ideal ratio we should be going for or at least moving towards going to. i ...

The Coin-Flip Theory

thanks for keeping us updated. it'll be hard for you to pull this off with such low leverage..... good luck, 1:1 wont be too hard to manage or maintain but i fear you'll keep getting stuck in cycles of losing money and earning money without any sort ...

The Coin-Flip Theory

haha good luck m8, you'll need it!

The Coin-Flip Theory

possible other combinations 1:1 RR with +55% win ratio "should" be enough. but it will take longer and higher chance you will be stuck in making money, losing money, making money, losing money, etc best is 2:1 but then you need to get your win ratio ...

The Coin-Flip Theory

oh sorry guys i forgot to re-post my image results. as you can see, this system CAN work. i wasnt doubling up here, nor using any stop loss, i was just running the test for fun and as you can see, if i had been doing the same RR rules and MM as ...

The Coin-Flip Theory

yep i agree stop loss is needed! i did two more runs on different dates and margin called on both tries! looks like i just had one lucky run before. if i had employed the strategy jyticsm has laid out here in months jan and feb of this year with ...

The Coin-Flip Theory

woops sorry the picture had a naughty word in it! i somehow ended up deleting the whole post! bear with me.... also, i have just realised my broker timings are all wrong.... even though its Alpari UK its not at GMT or GMT+1 even, the MT4i also has a ...

The Coin-Flip Theory

i havnt really tested this whole thing out but ive been thinking about it a lot and this is actually quite difficult to do. And the reason is because we are essentially going "double or half". that means we're looking to go for 2:1 RR.... this is ...

The Coin-Flip Theory

i've read through the whole thread now and there's one thing i dont understand why you guys are doing.... you say "but some levels dont get touched for days/weeks/months and can leave us with massive DD". why are you holding the trade? if the level ...

A delicate secret

i think this has been discussed already. its not 3.4pips but 34pips if using 1:200 leverage. the 3.4pips was if you are using 1:2000 leverage. i think thats not very sensible as spread/normal volatility will hit this almost 100% of the time.

The Coin-Flip Theory

theres a nice PDF with instructions.

The Coin-Flip Theory

have you tried the MT4i trading simulator for MT4? it uses the strategy tester like you would back test an EA but this is different. it lest you manually enter trades, you can use any indicator you like, edit charts just like normal and put orders ...

The Coin-Flip Theory

what are you using to back test? are you paper testing? i had a similar idea to this, but i didnt test it out as i thought it was silly. you might have some merit. the only problem i can really see with this system is that you could be stuck in ...

The Coin-Flip Theory