Daytrade (By paivarm)

Gain : +87.53%
Drawdown 28.96%
Pips: -2095.7
Trades 2369
Won:
Lost:
Model Quality: 99.9%
Bars in test: 29418
Ticks Modelled: 26867204
Forward Test Forex Daytrade

Daytrade Discussion

Mar 22, 2018 at 14:34
1,535 Views
4 Replies
Member Since Feb 23, 2015   18 posts
Mar 23, 2018 at 12:47
::::::::::Daytrade Forex Trading::::::::::

I'm applying a medium-risk strategy with optimized settings for very low risk orders and very good profits, with my own MM trading rules.

:::MY APPROACH TRADING IS::::
*Martingale based in the proportion: a)10 x 0.01; b) 3 x 0.02; c) 2 x 0.03 / Hedge (Buy-Sell directions);
*Stop-loss and Take-profit are ALWAYS USED in the system;
*The news filters is ON 24h, which exclude trade in volatile hours and filtering every market event, it's connected with ForexFactory Calendar;
*Pairs: EURUSD;
*TF: M15;
*News Filter Control ON (filtering High, Medium and Speak market news)
*Lotsize: Starting 0.01 and 0.10 (max); (I'm using to stay in 0.03 lotsize, never got more than this so far)
*Leverage: 1:25 (min.);

:::CONSIDERATIONS:::
1) Expected 10-50% in profits per month;
2) Working DD of 5% up to 30%;
3) Maximum DD target is 28% (based on BT and demo FT with 5k in balance).

:::RECOMMENDATIONS:::
1) You can start using CENT accounts, like $5k cents, witch means only $50.00, following this you'll be safe as you can see our live account and FT Strategy test integrated with Myfxbook.
2) To get high quality copy of my signal, use ECN or NDD accounts with respectable and regulated brokers, which gives minimal spreads, fast execution and minimum slippage;
3) During the first week I advise you to test the quality of signal copying with the minimal risks (Lotsize 0.01).
I code my own systems, you should try yourself.
Member Since Apr 26, 2018   3 posts
Apr 26, 2018 at 06:59
please how do i get to prepare trend lines and resistance with support on a trade
Member Since Feb 23, 2015   18 posts
Apr 26, 2018 at 12:20
Easy, choose a time frame (h1, h4...), take a look in the chart and find where is your high and low prices, and than put your lines
I code my own systems, you should try yourself.
Member Since Apr 26, 2018   3 posts
Apr 27, 2018 at 19:22
i want to ask something do we have a software that scans the market gets good trade for us and we trade anything like that?
Member Since Feb 23, 2015   18 posts
Apr 11, 2019 at 05:37
kjglobal posted:
i want to ask something do we have a software that scans the market gets good trade for us and we trade anything like that?

Sure

here in myfxbook you'll only find EAs, but in MQL commuity you'll easy find many softwares with that kind of approach you're looking for.

regards
I code my own systems, you should try yourself.
Sign In / Sign Up to comment
You must be connected to Myfxbook in order to leave a comment
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.