10 pips per day - page 4

 

Misleading Fisher_Yur Indicator

Sorry Eliahun, (posting #016)

but after testing I think the candles_works system is just betting, based less on candles but more on conflicting money manegement and high risk (stoploss=17x takeprofit).

As filtering trades with Fisher zTransformation indicator is concerned (posting #027), it would be great, if your idea, symtec23, would work.

Unfortunately the Version of Fisher Indicator you have used is internally programmed stepping from presence to past, what means in case of backtesting simulating 'future knowledge' - no wonder that your strike rate went through the roof.

To test your results I wrote the new version 'Fisher_m11' of this indicator, which you can download on my homepage:

http://home.arcor.de/cam06/fisher/

Backtesting your results with this not lying indicator version my results were as mentioned above.

I would be glad if results would be better, but that's just the way it seems to be, there is no safe '10 pips a day' system on earth.

Should you still succeed to get stable profitable backtesting results please let us know your setup (Provider, GMTshift, Symbol(), Timeframe, StartTime and StopTime of Backtesting).

Kind regards

Martin

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my trading results for july month

shwetha:
i have developed one trading strategy,thru that its really possible to earn 300pips per month i.e 10 pips average per day.......

right now iam working on to code that strategy....the problem is i dont know mq4 ........

as per my strategy you need 2000usd as capital ,the problem iam facing is to how to code that strategy with the help of others and how to have a legal rights on that to exploit it commercially in due course....

any suggestion welcome

hi

as i said earlier ,iam giving below the trading results of my strategy as a proof, and also for your suggestions and comments.........

0.00 0.00 -3.60 502.00

Closed P/L: 498.40

Open Trades:

Ticket Open Time Type Lots Item Price S / L T / P Price Commission Taxes Swap Profit

No transactions

0.00 0.00 0.00 0.00

Floating P/L: 0.00

Working Orders:

Ticket Open Time Type Lots Item Price S / L T / P Market Price

No transactions

Summary:

Deposit/Withdrawal: 0.00 Credit Facility: 0.00

Closed Trade P/L: 498.40 Floating P/L: 0.00 Margin: 0.00

Balance: 50 985.40 Equity: 50 985.40 Free Margin: 50 985.40

Details:

Gross Profit: 990.60 Gross Loss: 492.20 Total Net Profit: 498.40

Profit Factor: 2.01 Expected Payoff: 13.84

Absolute Drawdown: 0.00 Maximal Drawdown: 190.00 (0.37%) Relative Drawdown: 0.37% (190.00)

Total Trades: 36 Short Positions (won %): 19 (47.37%) Long Positions (won %): 17 (23.53%)

Profit Trades (% of total): 13 (36.11%) Loss trades (% of total): 23 (63.89%)

Largest profit trade: 158.00 loss trade: -56.00

Average profit trade: 76.20 loss trade: -21.40

Maximum consecutive wins ($): 3 (320.00) consecutive losses ($): 6 (-190.00)

Maximal consecutive profit (count): 320.00 (3) consecutive loss (count): -190.00 (6)

Average consecutive wins: 2 consecutive losses: 4

 
shwetha:
hi

as i said earlier ,iam giving below the trading results of my strategy as a proof, and also for your suggestions and comments.........

0.00 0.00 -3.60 502.00

Closed P/L: 498.40

Open Trades:

Ticket Open Time Type Lots Item Price S / L T / P Price Commission Taxes Swap Profit

No transactions

0.00 0.00 0.00 0.00

Floating P/L: 0.00

Working Orders:

Ticket Open Time Type Lots Item Price S / L T / P Market Price

No transactions

Summary:

Deposit/Withdrawal: 0.00 Credit Facility: 0.00

Closed Trade P/L: 498.40 Floating P/L: 0.00 Margin: 0.00

Balance: 50 985.40 Equity: 50 985.40 Free Margin: 50 985.40

Details:

Gross Profit: 990.60 Gross Loss: 492.20 Total Net Profit: 498.40

Profit Factor: 2.01 Expected Payoff: 13.84

Absolute Drawdown: 0.00 Maximal Drawdown: 190.00 (0.37%) Relative Drawdown: 0.37% (190.00)

Total Trades: 36 Short Positions (won %): 19 (47.37%) Long Positions (won %): 17 (23.53%)

Profit Trades (% of total): 13 (36.11%) Loss trades (% of total): 23 (63.89%)

Largest profit trade: 158.00 loss trade: -56.00

Average profit trade: 76.20 loss trade: -21.40

Maximum consecutive wins ($): 3 (320.00) consecutive losses ($): 6 (-190.00)

Maximal consecutive profit (count): 320.00 (3) consecutive loss (count): -190.00 (6)

Average consecutive wins: 2 consecutive losses: 4

can you post here your EA or your strategy ???

 

not yet programmed

hi

i have not yet coded my strategy,so i can not post my EA here......

any how thx for your query

 
shwetha:
hi

i have not yet coded my strategy,so i can not post my EA here......

any how thx for your query

ok,just manual strategy so fine.

no need EA !

 
 
xuhui:
Hi,elihayun,very nice.Thank you.

There is something i make false, so i think ...

 

for subscription

quangmach:
ok,just manual strategy so fine. no need EA !

i have researched for 3 years to develop this strategy,and 1.5 decade of my father experience is in financial field is also i have utilised to develop it.........

after coding i will give it free for few ppl for 60days to test it out and give there feedback, then it will be open for subscription...

i will post my results for the current month too in this thread.......just wait.......

 

my trading results

shwetha:
i have researched for 3 years to develop this strategy,and 1.5 decade of my father experience is in financial field is also i have utilised to develop it.........

after coding i will give it free for few ppl for 60days to test it out and give there feedback, then it will be open for subscription...

i will post my results for the current month too in this thread.......just wait.......

my trading results from01-08-06 to 10-08-06, net profit for 10 days trading 89 dollars...........i have not traded from 11-08-06 to 20-08-06 since there is some problem with my computer .........

 

Good income for me

Recently i bought a pack that includes a system plus tutoring during one month from the service seller. I am making in a regular basis 25/35 pips a day and my skills are improving. I am not here to advertise to no one. If anyone wants to know details feel free to PM me.

Bye!