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7/31
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Introduction
In my loss making days I experiment with different trading strategies to bring me back in profit and this approach has helped me develop some trading styles which are quite reliable to bring decent profit while keeping the risk low. In this article I'll share one of such trading strategy which takes only 2 % risk of capital allocated for any individual trade and still manages to bring in return of more than 20 % (annualized). Also you don't have to worry about a string of continuous losses wiping account clean with 2% at a time as on average it does fewer than three trades in a month.
Idea in Nutshell
So I hope you would eager to get into details of it without any further delay. It's developed using the combination involving EMA of 10 candle period and EMA of 20 twenty candle period. It basically tries to identify the direction of trend of underlying instrument and then gauge the relative strength of that trend. It has been designed such that it is supposed to avoid taking trades in days of narrow sideways movement and trade only when there is a strong price action on a particular side caused by any fundamental or technical factors. So let's look into the design aspect…
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Sebine avatar
Sebine 24 Mar.

Interesting!

miss_natalia_77 avatar

Good )

yellownight avatar

good luck in contest

Sasha_spicy avatar

good job!

sharpsense avatar
sharpsense 31 Mar.

Good work friend!

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24/44
Ranking
Hello everyone! My name is Harry from Indonesia. This is my first article, hope it can gives a little value for everyone. Every trader wants to be a consistently profitable trader. In order to achieve that, we try to improve our trading system to fit our personality, risk profile and also increase our winning chance. Maybe this Super Trend indicator can be alternative tool to profitable trade.
SUPER TREND FORMULA
After googling around, searching for Super Trend calculation, I found that Super Trend indicator using 4 variables : High, Low, ATR, and coefficient. The basic formula is :
Basic Upper band : (High + Low) / 2 + ATR x Coefficient
Basic Lower band : (High + Low) / 2 – ATR x Coefficient
TRADING RULE
Using Super Trend indicator is simple. You can clearly take position by seeing this chart. You can use it on any time frame. Example below using 1H chart.
BUY
Open Buy when price cross and close above the upper band
Close Buy when price cross and close below the lower band
SELL
Open Sell when price cross and close below the lower band
Close Sell when price cross and close above the upper band
THERE IS GOOD TIME, THERE IS BAD TIME
There is no perfect system or indicator. …
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vikyllya avatar
vikyllya 13 June

nice

FXNOAD avatar
FXNOAD 14 June

Very nice

hargun avatar
hargun 14 June

thank you :)

Yonggi7 avatar
Yonggi7 14 June

Yes It's really important !!!!! I wanted to know that also!! How to use indicators is very importnat in Trading!!!!

Yonggi7 avatar
Yonggi7 14 June

Congratulations my friend!

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7/70
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You know that moment when it feels as if a light bulb suddenly goes on in your head, and you have that idea that looks like the solution to a very long-lasting problem? Well, I experienced such a moment very recently.
It all started with my preparation for the January strategy contest (2016), when I had to settle on a design for the strategy I would use for the contest. I am very fascinated with creating trading strategies, especially those that can run automatically. In a bid to start the New year on a high note, I opted to design an impressive strategy; something that would hopefully be profitable, and a strategy that would be able to dynamically close positions when the market trend changed.
I did some research, found a similar strategy from some months back, and modified it to suit my trading plan, with entry and exit rules included. The template I was working with was a rather complicated strategy, so I had to be careful as I took it apart and modified it to suit my plan. It took y several hours, literally to get this done, and I felt a great sense of accomplishment when it was finished. I was almost certain that I would be winning a truckload of cash prizes using my well-tho…
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yellownight avatar

decent material

Sveetlana avatar
Sveetlana 15 Jan.

it's very good artikle!

Kivetat avatar
Kivetat 19 Jan.

Thanks for informative article)))) Good job

CD1V1 avatar
CD1V1 21 Jan.

good luck in the contest

BeautybyLesya avatar

GREAT ARTICLE)

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23/66
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The Moving Average Convergence Divergence (MACD) indicator was one of the first indicators I was exposed to when I began trading some years back. At the time, it felt like it was the Holy Grail of all indicators; but with time I have gotten to appreciate its effectiveness, and be wary of its general misuse. I will use this article to share what I have learnt, and will let you all (my cherished readers) decide for yourselves how best to use this "ancient" trading tool.
The first thing to understand about the MACD indicator is that it is built around Moving Averages; that fact is pretty obvious from its name.
The default setting for the indicator is: MACD (12, 26,9).
The typical MACD indicator on the Jforex trading platform can be seen below:
The traditional approach to using this indicator is to look for crossover signals.
An upward cross would be a signal to open a long position, while a downward cross would be a signal to open a short position.
Following the crosses from the indicator, we would take two short trades and one long trace in this particular market.
One of the first things I learnt about the indicator was that it was a leading indicator; this simply means the indicato…
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BeautybyLesya avatar

Wow! Great article!

VictoriaVika avatar

Great article, friends, good luck with it!

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9/61
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INTRODUCTION
What is a fools game? - Trying to Catch A Falling Knife. Knife cuts people and that is where this phrase came about in Forex trading. It is the act of trying to predict where the price of a currency pair will stop falling. Understandably, every trader wants to feel like a superior trader that can predict or think ahead of the market by anticipating price direction and of course catch market bottom or top. However, good and brilliant that may sound and most importantly the feeling of being ahead of others with trade profits for catching market price top/bottom, yet experience has shown that there are very few forex trading situations where prices fall and immediately reverse. Rather, prices fall further and faster than anyone could predict.
I am compelled to write on this subject because the preceding week between Monday the 31st of August 2015 to Friday the 4th of September 2014, we witnessed loses felt in the market even by experienced traders on the Traders Contest. Thorough assessment shows that many fell victim trying to catch a falling knife situation.
[img]https://www.dukascopy.com/imageserver/img/ab112d1418ef8beda0f3d8df…
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WallStreet6 avatar

Very interesting article! Every trader's dilema whether the trend is over or not. How many times I tried to catch a turnaround in short term consolidation. And another concern after a solid movement should I enter the market and ride the trend or is it too late already. Important aspects- Great Job!

KATRIN_90 avatar
KATRIN_90 16 Sep.

nice job:)

DEMO2TZeHs avatar
DEMO2TZeHs 16 Sep.

great article

Airmike avatar
Airmike 21 Sep.

nice article

Koryphaeen avatar
Koryphaeen 24 Sep.

I really liked your idea, it is very characteristic to newbies and greenhorns to trading. That is why newbies are required to do trading on a demo account first, to self check these kind of account bursting methods and throw them away before putting hands on real accounts. ;) 

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18/76
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This is a continuation of my last article on creating the Day Scalper strategy on Visual JForex. To familiarize with what I will be covering read, Day Scalper strategy and automating Day Scalper in VJF Part 1.
In the last article, I developed the strategy up to the separation point of buy and sell signals and so, this article will cover buy and sell entry and trade management.
The image below shows where I stopped in the last article. To the left is the sell side and the right is the buy side.
Getting the Spread
Since there is no function of getting the spread in Visual JForex, I had to create it. Getting the spread is relatively easy; it is the difference between the Ask and the Bid price. To debug the value in pips divide the output by pipsSize. A ‘Calculation Expression’ block is used for this.
Buy Pending Position Rules
  1. Place buy at setup day high + defaultSlippage + spread (candleHigh).
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JVDS avatar
JVDS 22 June

my automation process is dramatically different ......  I can't even begin to comment ......

Natalia_Kisenko avatar

good job!

WallStreet6 avatar

interesting

Agnessa26 avatar
Agnessa26 27 July

Очень интересно)

TINGMEILING888 avatar

I follow & try your variables arrangement or setup (layout descripted) method of Closehalf at 100 pips, somehow it dun work as what you claimed..

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3/76
Ranking
In May 2015, I covered the Day Scalper strategy, which I used in the same month to rank 25 in trader contest. I promised to turn it into a Visual JForex strategy and that is what this article is about. To better understand what I will be covering, take a look at the Day Scalper article. The strategy utilizes simple moving averages and moving average envelopes. Let’s get started.
Start Point
While Day Scalper runs on bar charts, I will be using daily candles in VisualJF. I start all my strategies by separating signal evaluation with trade management. To avoid nuisances, check if:-
  • Default instrument is equal to candle instrument,
  • “candleTime” variable is 1min and equal to candle period,
  • Open or all positions amount are greater than 1, then flow to trade management. If less than 1, flow to signal evaluation,
  • Last trade event is long or short.
Refer to the image below
Time Blocks
Day Scalper evaluates markets at New York close (17:00EST or 21:00 GMT), so we have to prevent signal evaluation until the market closes. To do this, we use 'getTimeUnit' blocks using last bid candle time. If it is 21:01 GMT, then continue.
Debugging Time
Simply drag the hour and minute variables…
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Natalia_Kisenko avatar

good article!

WallStreet6 avatar

interesting

Agnessa26 avatar
Agnessa26 27 July

молодец!!

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8/76
Ranking
This article is a continuation of my day trading strategies, that I started covering in May. In May, I covered Day Scalper and showed live trading examples in the comments. Catch a Trend and Late Swinger are relatively simple to follow compared to Day scalper for they do not utilize Moving Average Envelopes or complex entry methods.
As I already stated in the Day Scalper article, day trading is not for everyone as it requires discipline and self-control especially near events that increase market volatility. There is no “holy grail” in forex trading and successful trading depends on consistency with a goal of more wins than losses.
Requirements
  • The 2 strategies utilize daily bar charts,
  • I trade the 6 major pairs,
  • They use the New York ‘close’- 17:00 EST (Eastern Standard Time) and 21:00 GMT to analyze the markets,
  • Every entry must have a stop loss – changeable to break-even or trailing profit when conditions allow,
  • When it’s time to close, I must close even if it is in loss,
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pipx avatar
pipx 10 June

Thank you, Nihad. I will surely take a look at your article over the weekend. The Idea of presets seems viable, but I see 'lots of work' during optimization. I will give it a go and see how it pans out. Thanks again.

Nihad avatar
Nihad 10 June

pipx Thanks, well let me suggest how I solved this before. I use FIBS series along the way. I respect the golden ratio, in other words, if I choose 13 as the normal for example and 34 for the slow(+1 jump), I must use 5 for the fast. I maintain it all the way. Then I worked a MAJOR preset, a CROSS preset and then an EXOTIC preset. I drilled further and I came with an optimal Entry Settings different from the Exits. Realizing the fact the Support angles are different from Resistance angles and these angles never change because the pair key-players behavior never change.

Nihad avatar
Nihad 10 June

pipx This strategy in despite of its results show a proper methodology behind it and that what really matters. Good luck PIPX. Have the best Week

Natalia_Kisenko avatar

good article, thanks!

WallStreet6 avatar

very interesting! thanks for the insight!

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11/76
Ranking
Since many people have inquired me about my newest strategy that I've started running in the Strategy Contest since last month I thought it's best to write an in depth article that can be useful especially for guys who are still beginners with Visual JForex and secondly it will be useful for those who want to understand better the ins and outs of my strategy and answer question like why I choose to run the strategy only between some specifics hours and not let it run without interruption.
Since I'm an advocate of keeping things simple as possible, building up my strategy it will be quite easy even for a novice. But don't worry this article will guide you step by step on how to build up the strategy. The process of creating a strategy is what Dukascopy likes to see, so that was the main reason why I've decided to write this article.
By now I'm sure you must be intrigued by the article title, you may think it sound to good to be true, however the backtesting results show this strategy has generate in excess of $0.8M profits since beginning of the year. It has posted profitable month after profitable month with just one exception, the month of February, wh…
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Daytrader21 avatar

marius24 LOL... Thanks bro.

Jignesh avatar
Jignesh 29 June

Nice article, and good explanation of your strategy.  Wish you the best!

Daytrader21 avatar

Jignesh Thank you for your support

Gannforex avatar

"Even thought it has a large SL this is compensate by the higher profitability rate as it has a profitability rate of 98%. " This does not compensate though. "Secondly it's best not to run the strategy during Asia session, you're going to be wiped out. " or any other time. Have you found a solution to this yet?

Daytrader21 avatar

Gannforex Unfortunately I haven't spent any time to optimize the strategy as I was busy with other stuff. I only crated this strategy because of the Strategy Contest. I know that for the most of the time the strategy will lose, but I'm waiting for that one month when the market will be in a strong trend than for sure my strategy will yield a nice profit. and last thing lets remember that EUR/USD has been moving in a range in the past year.

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6/44
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I use three trend following techniques for day trading that rely on three common indicators but in different ways for every method. The first method (Day Scalper) targets 50 to 100 pips every one to two days while the second method (Catch a Trend) targets 300-600 pips in weekly swings. The third method (Late Swinger) is similar to the second but uses different position entry methods in case I missed an early swing entry. Forgive my lack of creativity in naming these strategies.
Day trading requires patience and great emotional control, especially around news releases. Always remember that, in day trading, such spikes are quickly evened out by ‘large’ traders such as hedge funds especially if they are against the trend. Let’s get into it. Due to article length limitations, I will cover Day Scalper separately and then the other two together.
Requirements
  • All 3 methods run on daily bar charts,
  • I trade the 6 major pairs,
  • I use the New York ‘close’- this is at 17:00 EST (Eastern Standard Time) and 21:00 GMT to evaluate the market,
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Natalia_Kisenko avatar

very useful article!

Mariia avatar
Mariia 21 May

very nice!well done!

Angelwales avatar

great article Like it

anna_t avatar
anna_t 26 May

like it!

KristinaVlasova avatar

good job!

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26/47
Ranking
For those who didnt know where the Twin alligators came from please read my previous article. 4 Trading Tips and the Twin Alligators Here is the step by step trading guides for this strategy.Step 1. Time 8:00 am t0 8 pm( Philippine Time or Asian session open to Asian and London overlap) . Currency pair to trade is eur/jpy pair .Signals outside of this time periods will be ignored. Should you want to use this or use a different currency or trading time please do a backtest first.Step2. Asses Market Situation . Wait for a trend. Alligator mouths are open. IDEAL SETUPSThe chart below shows an ideal setup. both the alligator line are opening we have an impulse move and the market is making a pullback.Figure 1. NO TRADE MARKET SITUATIONSShould f you find yoursef on this market situaton you can either look for setups on diff currency pair (please note that this strategy is best for trending currency pairs and the test results shown before are based on eur/jpy pair only) a.) The Deathroll b.) If the price reached the thick alligator lines you can shift or open another chart on 1h timeframe and look for entry signals there. same entry setups on 15 minutes can be applied on the 1 hour . …
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JudgeDredd avatar
JudgeDredd 19 July

If You find Your strategy convenient and profitable for You, go ahead... But there are much more simple ways to identify trading opportunities in trending markets :)

jetaro avatar
jetaro 19 July

thanks for your feed back judgedredd.

jetaro avatar
jetaro 13 Aug.

for those who requested

mt4 templates http://www.4shared.com/file/Lg-TnMYR/twin_alligators.html

jforex tmplates http://www.4shared.com/file/qXFHICpr/double_alligator.html

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6/47
Ranking
There have been a problem on my first article so i decided to reload it. I have to link out my photos to be sure it can be viewed. Please right click on the links provided at the top of the image and open on a new tab.So here is a snapshot of the strategy that we will use lets call it “ THE TWIN ALLIGATOR STRATEGY” . Just to be catchy Fig. 1 Perhaps this will be the first time this indicator will used in this way or plotted. Actually its a multi timeframe strategy. There are similar mtf alligator indicators but its is plotted on a different windows so it will be useless if used on this strategy .There is nothing magical about theses indicators. It just show us which way to trade. We will only use two alligator indicator ( by Bill Williams ). The thin alligator use default settings , the thick as we see one uses different settings. Its is the alligator in the 1 hour time frame recalculated to to fit the 15 min time frame. Ill be providing templates later. Trading Tip # 1. Trade with the Trend. Notice the highlighted area on fig. 1 . the thin alligator lines are far from each other. ( BW term is alligators mouths are open) and the thick alligators mouth is also open. M…
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JudgeDredd avatar
JudgeDredd 19 July

Good description of the strategy! Take a like!

s_amira avatar
s_amira 25 July

Good strategy!

jetaro avatar
jetaro 29 July

performance of TAS 15 wins 1 loss on usd/jpy http://www.dukascopy.com/fxcomm/blog/?action=post-show&post_id=1982

sofie avatar
sofie 30 July

thanks for support jet. hope that u can share the alerts you mentioned on fb

VTTG avatar
VTTG 30 Aug.

I really like this article :)

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16/73
Ranking
What is a TRENDWhen market trends, a geometric patterns form a series of trends that have higher highs and higher lows in an uptrend and lower highs and lower lows in a downtrend.In uptrend Market  tend always to push the rates above the previous high to trigger stoploss orders and buy stop orders wich make a breakout and a new high will be established.In a downtrend it is the reversal of the uptrend but the breakout tend to be sharper specialy in uncharted area or new all time low.trends are always valid till it stops making new highs or new lows, they may become balanced between sellers and buyers and range for some time and then resume its trend or it may reverse.A reversal trend is a change in the rate direction and occure when support line is broken and become resistance line or resistance line become support line and new series of pattern are formed ( higher highs and higher lows become higher lows and lower lows and vis versa)Riding a trend is one of the safest and easiest way for green pips.- Easy entry- Less stress- Low drawdown- Higher propabilty of success- Purely technical Defining a Trend (Bull-Bear)- Open a weekly chart and visualize the shape trending up (bull trend)…
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ritesh avatar
ritesh 26 Aug.

September October would be the best months for trading such trends. Thanks for the well explained article +1 for ya buddy.

ritesh avatar
ritesh 28 Aug.

check out my articles too at http://www.dukascopy.com/fxcomm/fx-article-contest/?action=blog&user=ritesh

LinnuxFX avatar
LinnuxFX 28 Aug.

well done with your article, +1 for it, see my Strategy here : http://www.dukascopy.com/fxcomm/fx-article-contest/?action=read&article=How-To-Trade-Harmonics-&id=13

madihazulfiqar avatar

nice article

WallStreetBlog avatar

good article!!!

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