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Strategy for Binary options 70-80% of positive tradesScalping strategy working timeframe not lower 5M (15M,30M) gives 10-15 signals per working day on average. is in currency pairs EUR-USD , GBP-USD , USD-JPY, EUR-NZD , BTC-USD . and other currency pairs Expiration time 5 min (1 candle) in more detail in the description of the script. Wishing to test strategy write in personal messages. below is an example for 5m Statistics for the week 50+ 19- =31+ profit. with a yield of 80%, the net profit was 26+ (I work as a fixed amount of the transaction without martingale ) . 09.04.18 10.04.18 11.04.18 12.04.18 13.04.18
Education
by Andreev_Mikhail
1
Strategy for Binary options and Forex 70-80% of positive tradesScalping strategy working timeframe not lower 5M (15M,30M) gives 20-25 signals per working day on average. is in currency pairs EUR-USD , GBP-USD , USD-JPY ,EUR-NZD, BTC-USD . and other currency pairs Expiration time 5 min (1 candle) in more detail in the description of the script. Wishing to test strategy write in personal messages. below is an example for 5m Statistics for the week 58+ 18- =40+ profit. 26.03 27.03 28.03 29 03 30.03
Education
by Andreev_Mikhail
2
Working strategy for Binary options.Forex . statistics for weekScalping strategy working timeframe 5M gives 20-25 signals per working day on average. is in currency pairs EUR-USD, GBP-USD , USD-JPY , BTC-USD . and other currency pairs Expiration time 5 min (1 candle) in more detail in the description of the script. Wishing to test strategy write in personal messages. below is an example for 5m Statistics for the week 58+ 18- =40+ profit. 26.03 27.03 28.03 29 03 30.03
Education
by Andreev_Mikhail
1
Strategy Scalping for B.O. EUR-USD 5M Statistics for the week.I decided to post statistics on the work on the Scalping strategy over the past week. I work with a fixed amount of the transaction, not what "martingale" from here is the minimum risk of deposit drawdown. Statistics for the week (69+) - (25-) = 44 Plus see screenshots. A detailed description of the principle of the strategy can be seen in the description of my scripts. 19.03.18 20.03.18 21.03.18 22.03.18 23.03.18
Education
by Andreev_Mikhail
Formulating a Strategy - BTCHow do we make a strategy? Get your Pencils out yall! We have to look around, take a look at the history, and see how we can capture some profit in the asset class. Its important to formulate a strategy by letting the chart show you what indicators worked historically. Some people like to use indicators like crazy and THEN backtest them. Perhaps that works... We're not doing that today. Today, we're going to let the chart speak to us; and then we're going to come up with a hairbrained idea based on what the chart has to say. We can polish that idea later, the important part is to give ourself a simple framework to work from. Lets do it!
COINBASE:BTCUSDEducation
by blessmywork
2
Core rules to trade with Sinewave & MomentumHope this educational content will help you make a better use of the indicators. Remember that these rules are just ground rules. Positions sizes and stops positionning will depend on your own risk profile. This is up to you to find your comfort zone on these parameters. Indicators used in this video are : PRO Sinewave & PRO Momentum Don't forget to hit the like/follow button if you feel like this post deserves it ;) You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil
BITSTAMP:BTCUSDEducation
by PRO_Indicators
25
Strategy for ALTCOINS VS BTC (Beginners) - How To Split Your BTCOne of the many issues beginners face when trading ALTCOINS, is how to split their money. Where to invest? How much to invest? How long to wait?, etc. It happens that in this market, the cryptocurrency market, opportunities are endless, and we are bathed with a wave of new opportunities all the time, everyday, but this can turn into a problem rather than a solution. A disadvantage rather than an advantage. Why is that? Well, if we don't have a plan we tend to make mistakes, because of lack of experience. We might join a trade and buy an altcoin, we feel all pumped up and hyped up, and feeling good and positive. The next minute another opportunity comes, and this one seems bigger and better, and somehow you don't want to wait, you move to the new one, on and on. Leaving loses behind each time you jump from coin to coin, and worst yet, the action seems to start, almost always, as soon as you go. So how do we deal with this problem? How can we plan to take advantage of all the opportunities, without worries and end up in success? That's the question that I am here to answer for you. THE 10% PLAN Let's say you have 1 BTC (Or 0.10 BTC), or any amount for that matter, and a awesome, charismatic, helpful and optimistic trader, like myself (:P), posts a new idea and you want to join. How much of your capital will you put in? Will you put in 100% Of your capital? NO. "Well this is a huge trade", "This guy knows his stuff", "I will take the chance to recoup my losses", etc. Remember that we do not, and cannot, predict the market. We look at signals which points to a certain direction, but the market can choose to do whatever it wants. That's why we set targets and also stop loss. So instead of putting all your money in one place, divide all your trades in increments of 10. You have 1 BTC, then you have the chance to open 10 trades. You don't have to join them all at once. You are not losing anything if your money is resting fine. This new trade I just posted, you can put in 10%. Set it and forget and you will do well. The next trade, go ahead, another 10%. Now you are feeling good, because you have a plan and you feel strong. And even if the trade goes wrong, you have 80% of your capital safe, and in the worst case scenario, you will see a 10% loss. On the other hand, if the trade goes as planned, and you get to earn, you can be looking at a maybe a 100, or even 200 percent. Follow this strategy wherever you go. And trust, that in time, you will see your money grow. NAMASTE.
COINBASE:BTCUSDEducation
by AlanSantana
48
Follow the Trend, My Strategy!This is my trading plan. You can look through my published ideas to look at other examples. I need 3 reasons to enter a trade. 1. A clear direction. I use 3 emas 50, 100, and 200 as shown in the chart.(Required) 2. A horizontal support/resistance area. (Required) 3. Price retrace to one of the emas to act as resistance. (preferably than fib) 4. Fib continuation 0.382, 0.5, or 0.618 level. Placing a stop loss. My target for stop loss is between 10-25 pips. I place my stop loss behind the horizontal and/or the next ema. My target price is always 2 times more pips than I risk. ---------------------------- I trade between 15 pairs, and on 30 minute time frame. One reason is to counter F.o.m.o trading(Fear of missing out). Counters Revenge trading because my trade size is smaller, and the opportunities are endless. Counters Gambler's Fallacy because I require 3 reasons to enter a trade, I don't enter a trade and expect to win after losing 3 times in a row, I place a trade based on my strategy. I'm still trying to evolve as a trader, as you can see that throughout my published ideas.
Education
by PavelKarakay
A Strategy for Market Entry and Exit - Part 3SUGARUSD:OANDA Weekly Chart A-E are similar to A-C above. F. This is another example of a DI becoming dominant in a pullback but for only a brief period of time. Notice how (A) gave a signal but that an exit was quickly signaled. After the pullback (B), then (C) gave a new entry signal to long side for many weeks before TRIX signaled a potential cover of the short. G. Is another example of the action similar to (F). NOTE: These types of actions work best when the ADX is above 20 or when it is trending up. SUGARUSD:OANDA Daily Chart More examples of the same concepts. However, this one provides good insight into a strong trend and how the TRIX, in conjunction with the DMI, will keep you in a market longer. And, when an exit is signaled, how to re-enter if the DMI indicates the trend is still intact.
OANDA:SUGARUSDEducation
by mxb1961
A Strategy for Market Entry and Exit - Part 2Part 1 can be found here: Key Tenants DMI is used as a triggering mechanism to establish support->resistance or resistance->support lines TRIX used to identify targets to exit and re-enter and on-going trend (if the DMI indicates a down trend, the a negative cross of TRIX over HMA would indicate a level to short Divergence can happen in both DMI and TRIX to indicate a weakening trend. With the TRIX, it can be a negative divergence where price makes new lows but TRIX makes higher lows or positive divergence where price is making a new low but TRIX is making lower lows in a blow-off fashion. Stoch indicates overbought/sold conditions with potential leading trigger on trade. Can leverage mid-point levels as trade continuation SUGARUSD:OANDA as an example reference 4hr chart above A. This is the period where the -DI crossed up over the +DI signaling that the trend was turning down. For Wilder, the low on this day would be the extreme point and you would enter a short position once price moved below it. A stop would be placed at the high of the same day as the cross. I’m looking at this more from the point of using the closing price instead of the high or low. If the next day closed below this price, then I would enter a short position at that close. At this point, you can use whatever trailing stop strategy you currently used to exit should price move contrary to your position B. This is the day that the +DI crossed up over the -DI signaling a possible buy. However, price did not close above this line before the ADX (green line on the DMI) dropped below both DI’s and eventually 20. Once this happens, a trend following indicator should not be used and signals that happen now I don’t act on. What has been suggested is that during this time, look for patterns in price and watch for price to breakout of this pattern. C. -DI again crosses up over +DI and with price closing below this line, a signal to enter short again is given 1. This is the first signal after (A) that indicates a correction may be happening. Once the TRIX crosses up over the HMA, that period’s close is used as the line to determine if the trade will be closed. If price closes above this line, then exit the trade. This is the case and the short position would have been exited 2. Because the trend is still down as indicated by the -DI being dominant, when the TRIX crosses down over the HMA, the close for that period is used to enter another short position. 3. Again, a signal is given to cover the short but in this case, price did not close over this close so the trade would not have been exited even though many periods went by 4. This time, the signal was hit to cover the short and again, due to the trend being down (-DI dominant), the signal was again triggered to re-enter a short position 5. Exit signal given and short was covered 6. This time, the sell signal to re-enter was not hit and price eventually entered a period of consolidation signaled by the ADX dropping below both DI’s and 20 7. NOTE: This is a important part of DMI/ADX that I use and will keep you out of a lot of churn in markets: When ADX drops below both DI’s and/or below 20, don’t use a trend following indicator to take trades. An option is to look for a price pattern (a channel, flag, a triangle, maybe a trend line) for price to consolidate into and then break out of. This consolidation should last for at least 5-7 periods or longer. Use the TRIX to potentially give a signal as to the direction of the breakout. In this case, the breakout was to the down side. Between (B) and (C), you see a pattern that happens in the DMI where there is a pullback. In these cases, one of the DI’s can become dominant for a briefly.
OANDA:SUGARUSDEducation
by mxb1961
3 TRADING STRATEGY'S IN ONE CHART - EXPLAINEDHi Traders, Please find below three basic trading strategy's that can be implemented to any market on a daily basis. I have only given out basic information on the ratio's and Fibonacci's of the three strategy's, should you need anymore in depth information don't hesitate to contact me. 2618 Rules Of Engagement: 1. Double top 2. Break & close below neckline / support 3. Sell at 0.618% Fibonacci Retracement Gartley Pattern Rules Of Engagement: 1. 0.618 Retracement of the X to A leg 2. Atleast a 0.618 Retracement of A to B leg ( can't exceed A ) 3. 1.272 Retracement of the B to A leg 4. Buy at the D leg ( 1.272 ) The ABCD Rules Of Engagement: 1. 0.618 Retracement of the A to B leg 2. 1.272 Retracement of the B to C leg 3. Buy at the D leg ( 1.272 )
Education
by UnknownUnicorn180388
19
Correlation Trading - How to Trade Forex With Little to No Risk!Tonight we did a live stream on YouTube offering an in-depth explanation of correlation trading. You can watch the stream back in its entirety here www.youtube.com Below will be a written explanation of correlation trading utilizing the AUDJPY vs. NZDJPY as the example: Correlation trading is an amazing way to add diversification to your trading portfolio and in your trade plan. You can continue your trading plan and strategy but take advantage of correlation trading opportunities as they arise to increase your ability to profit from the forex market. In correlation trading the objective is to find currency pairs that are highly correlated, meaning that when one pair moves in any given direction the other pair also moves in that same direction. A great example of this would be the AUDJPY vs. the NZDJPY. Over the past year the correlation between the two pairs has been very positive, 92% of the time over the past year the two pairs have been moving in sync with one another. This correlation can be confirmed by using the Oanda correlation chart: Once you have confirmed that you are looking at two pairs that are highly correlated to one another, you will want to then look into the charts and compare the price action over the past year. TradingView makes this very convenient with the ability to overlay charts. When we overlay the NZDJPY chart on the AUDJPY chart (candlesticks=AUDJPY, bars=NZDJPY) we can clearly see the times of the year when the two pairs were moving very much in sync and the times where the correlation cracked a bit and the two pairs moved oddly in opposing directions. It is during these times when the correlation cracks that provides us with the immensely profitable and essentially risk free trading opportunities. If you notice on the chart throughout the past year you will see highlighted in yellow boxes all of the times when the correlation has cracked and a gap has formed. We can look at these moments and estimate the average maximum gap in correlation and use this information to gauge when to take a correlation trade on this pair. You will notice every time the correlation has cracked and a gap in price action has formed, price inevitably moved back in correlation narrowing and even closing the gap You will also notice if you look back at the widest portion of the gap from every time there was a crack in correlation that it has been roughly anywhere between 400-500 pips . If we look at the second to most recent gap in correlation that we have labeled on the chart you will notice that at its widest point the gap in price was roughly 600 pips; the high being at 85.500 and the low being at 80.700. If we were watching this occur as it was happening and we noticed the gap in correlation approaching 400 pips and then 500 pips and then 600 pips, forming the widest gap in correlation all year, we could then look to take a correlation trade between these pairs. In this given example around 3/11/16 we would look to take equal positions of long NZDJPY and short AUDJPY banking on the fact that the gap in correlation should statistically, with 92% likelihood, narrow and potentially even close completely so that the two pairs are moving back in correlation with one another. You will see that if we did this we covered on 3/30/16 we would have netted ourselves a fruitful profit of 300 pips. Our short position in AUDJPY would have been down about 20 pips or so but our long in NZDJPY would have been up about 340 pips. This profit came with little to no direction risk because as one position goes against you the other statistically should go in your favor and if you are not netting a profit at any given moment your loss should be simnifically reduced as compared to what it would be if you were only holding the losing position.
Education
by UnknownUnicorn261897
13
Expectancy Revisited: Improving your ProfitabilityTEST YOUR TRADING SYSTEM I will not go deep into this, because it quickly becomes a shouting match on who has the best system, which is usually more about ego than fact. It is sufficient to say that I have seen / know of profitable traders who use fundamentals, price patterns, Elliot waves, renko, moving averages, structure levels, pitchforks, trend rules and custom indicators. I will not get into which system is the best, because I have not back tested them all personally. This does not imply that it does not matter what system you use. Far from it. You need a system that gives you an edge. And the only way to know if it does, is to back test it against a relevant amount of data. ADD FILTERS Adding filters to your strategy aims at improving your win rate by eliminating losers. It’s a way to get the odds on your side over a larger number of trades. Examples of filters you could add are: trade with the daily trend, trade with the fundamental direction, filter out unprofitable patterns, don’t trade during news events, only trade reversal patterns that complete at a key structure level, only trade breakouts after a retest of the trend line, add an extra indicator (e.g. stoch or sma line crossover or rsi divergence) or use a particular candlestick as a final entry signal. There might be a price to pay: if a particular filter delays your entry point, it can improve your win rate while reducing your reward – risk. INCREASE THE OPPORTUNITY FACTOR The opportunity factor relates to how many trades your method allows you to take per day / week / month. If by adding filters you are left with just a few possible trades a week, your win rate can go up, but your overall profit might suffer because there would be fewer trade candidates passing through to your filters. This will leave you with fewer trades to contribute to your overall profitability. You can increase this factor by adding more currency pairs to your portfolio or by adding trading hours to your schedule. When adding pairs, be aware of the correlation to the ones already in your portfolio. IMPROVE YOUR TRADE MANAGEMENT RULES Trade management relates to profiting from the trades you decide to enter. It aims at maximising your average winner while minimizing your average loser. The key is having rules that let winners run and exit losing trades without hesitation. Aim for realistic profit targets by reviewing the profit logic of your trades. Predefine a risk that you accept and don’t exceed. One of the ways you can do this, is by managing your trades in a multi-position manner, aiming for several profit targets. Take profit at various stages, as the market makes it available to you and roll your stop loss to break even or a profit protection point as the trade progresses. DISCILPLINE AND CONSISTENCY Once you have the right system, rules and filters in place, you just need to trade your plan consistently day in and day out. Monitor your susceptibility for making errors and eliminate them one by one. Relaxed, concentrated and mindful like a Zen Monk. Don’t overtrade by chasing entries. Don’t under-trade by arbitrarily skipping valid opportunities. Be organized and prepared. A random, inconsistent approach to trading leads to random, inconsistent results that will never be optimal. So plan your trade and trade your plan. TYING IT ALL TOGETHER Simply put, your expectancy per month is the opportunity factor multiplied by both the win rate and the average winner less the opportunity factor multiplied by both the lose rate and the average loser. For the example from my prior topic (see the link under Related Ideas), we know that the calculation was as follows: expectancy per month = 90 x 55% x €120,00 – 90 x 45% x €80,00 = €2.700,00. I have tried to give some tips and trick on how to influence each of the variables in this calculation with the aim to arrive at an improved mix, leading to an improved profitability.
Education
by JazzForex
21
Expectancy: How Profitable is your Trading Strategy?As we all know, when we open a trade, there is no guarantee it will be a winner. Given the win rate of a certain trading strategy, there is a random distribution between wins and losses. We trade to make money over a larger number of trades, not to win every individual trade, which would simply be unrealistic. That is why it’s important to be confident when we place a trade. So we don’t “panic close” the trade when the market goes against us, or exit too soon when we are in profit. If you know the expectancy of your trading strategy, you will be able to deal with these situations better. There is a psychological aspect here: knowing the predictable profitability of a larger number of trades you undertake will build your confidence, which in turn reduces your tendency to shortcut winners and to let losers run too long. Having this confidence will thereby improve your overall results. In December I developed a spreadsheet for myself, linked to my trading records, where I calculate several performance indicators, among which expectancy. How to determine the expectancy of your trading system? Assuming you keep records of your trades, you should go back and look at all your trades that were profitable versus all your losing trades. Do this over a period of at least 3 months and at least 100 trades. The more data you can use, the more accurate the result. We only need 4 pieces of information: number of winning trades, number of losing trades, amount of money won and amount of money lost. From this data we can calculate the following: Net profit = amount of money won - amount of money lost Win rate = number of winning trades / total number of trades Lose rate = 1 - win rate Average winner = amount of money won / total number of winners Average loser = amount of money lost / total number of losers Average reward / risk = average winner / average loser Expectancy per trade = win rate x average winner – lose rate x average loser Or, alternatively, expectancy per trade = net profit / total # trades Expectancy per month (profit forecast) = expectancy per trade x average # trades per month Expectancy per amount of money risked = win rate x (average reward / risk + 1) – 1 Or, alternatively, expectancy per amount of money risked = net profit / average loser / total # trades I will illustrate this with an example for a euro account. Lets assume we have been trading for 6 months and made a total of 540 trades. 297 of them were profitable and 243 were not, with €35.640,00 profit coming from the winning trades and €19.440,00 loss stemming from the losing trades. Lets make the calculations: Net profit = €35.640,00 - €19.440,00 = €16.200,00 Win rate = 297 / 540 = 55% Lose rate = 1 - 55% = 45% Average winner = €35.640,00 / 297 = €120,00 Average loser = €19.440,00 / 243 = €80,00 Average reward / risk = €120,00 / €80,00 = 1,5 Expectancy per trade = 55% x €120,00 – 45% x €80,00 = €30,00 Or, alternatively, expectancy per trade = €16.200,00 / 540 = €30,00 In our example the expectancy per trade is €30,00. This means, on average (over many trades), each trade will contribute €30,00 to the overall P&L. Expectancy per month = €30,00 x 540 / 6 = €2.700,00 In our example we can forecast a monthly profit of €2.700,00 based on prior performance. Expectancy per € risked = 55% x (1,5 + 1) – 1 = 38% Or, alternatively, expectancy per € risked = €16.200,00 / €80,00 / 540 = 0,38 In our example the expectancy of the trading strategy is 38%. That means the trading strategy will eventually (over many trades) return 38 eurocents for each euro risked. Once you know your expectancy, as a function of your own trading statistics, you can forecast how much you could make per week, per month and per year.
Education
by JazzForex
35