Strategy!
V4 introduction .... lots of new additions!Improvements set below;
Trend filter using ADX
Specific parameters set into the code - detects the pair and TF to shown them automatically - our method has been solid YOY growth based on a fixed 0.01 lot size to gain consistent yearly consistent results
Trade volumes substantially reduced with a much higher win rate
No pull down menu when flicking between instruments - all done automatically
More TP options for testing
Smaller labels showing entry, SL and TP, etc
Lot sizes fixed
Filter for days of the week - some pairs hate specific days!
Back testing on all instruments
Filter for trading sessions
Great editions here, we hope you agree - please have a watch.
Regards
Darren
Q2 +198% gain, despite a losing month in June on H1 timeframeJune was a challenging month indeed - lots of ranging markets, but a great 198% still for Q2 - including June!
It's important to understand this can happen and no equity curve in trading is a perfect diagonal one! Losing days/weeks or even months can be part of a profitable strategy over a long period of time. Understanding this is vital to overall success and profitability. Lots of traders flick between strategies from week to week or month to month, not sticking with one plan thus then not having consistency.
Treat your trading like a business and accept a losing month should not define your year or your quarter!
Q2 stats below, also we touch on V4 stats below too - to show how we have now factored in a function to help remove a lot of trades from a ranging market - the difference is quite staggering in both the reduced amount of trades, solid gains for Q2 and that June in isolation remained profitable on V4.
All based on £500 account on 1% risk as a baseline for all stats;
Current settings;
Q2 / £991 profit / 817 trades
June / £-129 / 263 trades
V4 settings with trend filter and specific parameters for each pair on H1 timeframe;
Q2 / £852 profit / 332 trades (less than half the current trade volume!)
June / £48 profit / 95 trades - almost a third of the trade volume, thus demonstrating the trend filter working well.
Due to the lower volume of trades, 1% risk is doable, on V3 it was high if taking all trades - thus V4 can provide even stronger % returns on a LFL basis because of this.
Watch out for our V4 video .....
Regards
Darren
Using the strategy tester to prove WTD performance!Use the strategy tester with our strategy to check the weekly performance, use it also as a trading journal - you simply need to follow it at least!
We can see all of the trades for the week and the profit and loss.
Strong gains this week with a 20% gain risking 1% per trade - even more on some 30 minute entries. A great week, catching big JPY moves in particular. and holding them!
This is NOT just an indicator, its far more than that as you can hopefully see.
These gains do not include the 300+ pip move on Gold or indices, etc.
Regards
Darren
Scalping opportunity on the 1m/3m/5m timeframes .....Those that like to scalp or want to learn can using our strategy.
Its very clear to see how to follow price as shown - also our members can test using our strategy tester and hone in on the settings and parameters even further. However, this video is just showing standard settings.
Either follow price or use the labels for SL and TP targets.
Part close at TP2 and leave TP3 until the reverse signal or SL to entry, could work too.
Lots of different ways to manage the position once you are in - even taking 15 pips a time would have worked a treat.
Regards
Darren
Blue FX
Blue FX Strategy v3 - letting winners run is key!An explanation into V3 and the differences that are designed to help you the trader, in execution, convenience, efficiency, trading psychology and ultimately profitability.
Improvements made;
Lot size calculator
Pips in brackets
Back testing functionality
Customisable settings
Stop loss and Take Profit labels visible on all time frames
and more!
Its all there - explained in the video traders.
Thank you.
Regards
Darren
Blue FX Trend Strategy V1 - how does it work?Video explanation on V1 - how it works and how to use it.
We will next explain V2 and V3.
We have developed the initial strategy very quickly and these videos will explain the changes and help you the trader, find the right tool for you.
There is no one size fits all approach, but fundamentally our strategy is based on you being the right side of the market and to encourage you to let your winning trades run.
Cut losers, let winners run.
Sometimes the best trade to take is the one you are already in!
Learn to spot a ranging market and have patience in your execution on a break out and you will vastly improve the statistics here too.
Full back testing functionality on just trend following - BUT scroll left and test easily too with a Fixed Stop Loss (SL) and Take Profit (TP).
Custom settings can improve or decrease performance across all pairs.
Regards
Darren
This is the only video you need to watch today! PROOF of successHi Guys and Girls
I hope everyone is well.
I am personally really excited about this video, our strategy and the community we are building.
I genuinely don't think there are many services that can verify and validate the profitability of a strategy in a few minutes with data for nearly 320 trades across nearly 30 pairs for our May and June to date performance.
We can.
Risking 1% per trade - double account growth - crazy right? Even risking 0.25% is just under a 30% gain. Or just trade less pairs and still get great results - as we show in the video.
In the video we talk about the changes and improvements to V3 - this can be a live trading journal you just need to follow. No need for myfxbook lot size calculations or the Stinu (which is great!) app - we have it all built in automatically - set your balance, your desired risk and as if by magic or some forces from the universe - the lot size you should trade appears directly with the trading signal. #gamechanger
These statistics are also on 'one size fits all' settings which still prove to be great (apart from on 4 pairs) - we know we can improve these a lot more and that is what we are currently working on - this will look like a PRESET pull down menu that does it automatically.
There is no need to leave trading to 'chance' and being 'lucky' or not - we have PROOF our strategy works, watch the video and take confidence, positivity and self belief into your own personal trading journey.
Regards
Darren
PS - Thanks again to Connor and our secret weapon - we call him Uncle Wizard.
How many successful negative people do you know? Are you a trader riding these large trend or are you trying to catch the tops and bottoms and the 'possible' reversals - if you are the later, you would have struggled so far this week.
Our strategy takes the 'guesswork' out of the market and ensures you are the right side of the big market trends - surely that's the goal right?
If these moves do reverse sharply down, we will catch them too. Win, Win?
Please watch the video to see what I mean, I got cut off at 20 mins so I will not bore you with another video right now, I will leave the other pairs for a weekly recap on them.
Also - as I note - are you an 'unlucky' trader - luck shouldn't come into it, if you have a plan, a known strategy that works and back testing data to support - like ours! Therefore, change your internal language to one of confidence and positivity.
I ask you to tell me 'How many successful negative people do you know?' - answers on a postcard please, or just DM me if you can tell me any?
Try some daily positive affirmations or acknowledge your emotional state before trading - if it isn't a positive one - don't trade. Maybe its diet, excercise, quality sleep = all of these things can be a contribution to your 'peak performing self'!
Regards
Darren
May review - H4 TF 4 Pairs +9% Gain at least!A review using H4 time frame and why we use ATR - ATR SL and TP will be built into V3 that's imminent.
EURJPY
GBPJPY
GBPAUD
GPPCAD
Over 9% on the table with 1:2 - even more potentially.
Very easy to trade and less 'noise' on the H4 timeframe.
Regards
Darren
Weekly Recap Part 1Part 1 weekly review.
Explaining our strategy and how to be patient removing the low probability setups.
Part 2 is incoming.
Our weekly stats are posted in our public channel too - done manually but on launch V3 will have instant back testing - to save me time and to prove how profitable and successful this can be.
Regards
Darren
What a day - 4049 Pips on offer today! Hi Traders,
What a day today has been.
Over 4000+ pips and counting on offer today from our strategy across over 30 pairs and indices.
Our strategy can be used across all timeframes and has a H4 confluence setting that can be turned on and off. Although this can add extra confluence and an improved win rate, turning it off enables us to get into moves earlier too - this worked an absolute treat today with our live calls in Premium and traders adopting this to capitalise.
Once V3 is live we will have instant profitability from the last 10+ years to finalise these settings for our members too.
Settings used in this video;
M30 time frame
Blue FX Trend Strategy V1
H4 confluence 'OFF'
I hope you can see across all of the moves and pairs the opportunity on offer with our strategy.
Thank you
Darren
High time frame review and how to use the Strategy TesterHi All
Here we demonstrate the effectiveness again of the H4 timeframe - and also the Daily TF.
We also explain the 'Strategy Tester' Function - something that we are now working on for V3 based on ATR settings for SL and TP targets.
Regards
Darren
V2 is live - review of EURAUD (March and April) 14% gain!Hi all
Now Blue FX Trend Strategy V2 is live I wanted to demonstrate this on the charts.
EURAUD over March and April presented 16 trades. 10 winners and 6 losing trades.
2:1 Reward to risk - generating a gain of 14% on this one pair alone.
Enjoy!
Regards
Darren