"10 Minute Strategy"

[gazuz]

Hey everyone,

I've been following this thread a bit on moneytec (http://www.strategybuilderfx.com/for...ad.php?t=14293) and I was pretty amazed by the results. This is suppose to on the beginning of the New York market and European market.

Here is the link to the actual strategy:
http://www.tradecurrency.ca/daytrade.htm

Let me know if this is possible to get programmed and onto metatrader as the backtesting results are impressive:


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These are just the trades for 04/07 through 04/22. During the week 04/11-04/15 the system yielded 544 pips. During 04/18-04/22 the system made 1492 pips. I hope someone can backtest for a further period of time or try to test this system live.

Trade Totals :

145 Winners 3028
29 losers 556
Total 2472

83% Winners
17% Losers

~~~~~~~~
Trades After 8 am EST:

84 Winners 1827
20 Losers 376
Total 1451

81% Winners
19% Losers

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I backtested the majors: EUR/USD, GBP/USD, USD/CHF, and USD/JPY. Here is a better breakdown of the trades.

USD/CHF 35 trades generated for both periods (2-4 and 8-12)
04/07 - 04/22
28 Winners: +773
7 Losers: - 140
Total: +633
80% Winners, 20% Losers
Best Day: +115 on 04/18, Worst Day: 04/11 +3

USD/CHF 21 Trades generated for 8-12
17 Winners: +510
4 Losers: -80
Total: +430
81% Winners, 19% Losers
Best Day: 04/08 & 04/18 +72, Worst Day: 04/13 -12


EUR/USD 45 trades generated for both periods
40 Winners: +752
5 Losers: -93
Total: +659
89% Winners, 11% Losers
Best Day: 04/18 +126, Worst Day: 04/07 +18

EUR/USD 26 trades generated for 8-12
22 Winners: +452
4 Losers: -73
Total: +379
85% Winners, 15% Losers
Best Day: 04/08 +64, Worst Day: 04/18 +5

USD/JPY 46 Trades generated for both periods
39 Winners: +608
7 Losers: -123
Total: +485
85% Winners, 15% Losers
Best Day: 04/22 +101, Worst Day: 04/13 -20

USD/JPY 30 Trades generated for 8-12
23 Winners: +357
7 Losers: -123
Total: +234
77% Winners ,23% Losers
Best Day: 04/22 +52, Worst Day: 04/13 -23

GBP/USD 48 Trades generated for both periods
38 Winners: +895
10 Losers: -200
Total: +695
79% Winners, 21% Losers
Best Day: 04/22 +96, Worst Day: 04/11 +2

GBP/USD 27 Trades generated for 8-12
22 Winners: +508
5 Winners: -100
Total: +408
81% Winners, 19% Losers
Best Day: 04/08 +81, 04/19 Break Even

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Everyone, Here is the data for this week along with a running total of the system since I have been backtesting it. I am only going to record and show the data for the American session (8am-12pm) because its really a hassle to do it for both the American and the UK session.

For the week of 04/25 through 04/29 :

USD/ CHF 12 trades
11 Winners: +224
1 Loser: -20
Total: +204
92% Winners, 8% Losers
Best Day this week: 04/29 4 trades, 4 wins: +94 total
Worst Day this week: 04/25 3 trades, 2 wins: +11 total


EUR/USD 13 trades
10 Winners: +162
3 Losers: -60
Total: +102
77% Winners, 23% Losers
Best Day this week: 04/29 2 trades, 2 wins: +55 total
Worst Day this week: 04/28 4 trades, 2 wins: -21 total


USD/JPY 9 trades ALL WINS!!
9 Winners: +124
0 Losers: 0
Total: +124
100% Winners
Best Day this week: 04/29 3 trades, 3 wins: +44 total
Worst Day this week: 04/25 1 trade, 1 winner: +11 total


GBP/USD 9 trades
7 Winners: +173
2 Losers: -40
Total: +133
78% Winners, 22% Losers
Best Day this week: 04/28 1 trade, 1 win: +36 total
Worst Day this week: 04/25 1 trade, 1 win: +19 total


TOTALS FOR 04/07 through 04/29

USD/CHF 33 Trades generated for 8-12
28 Winners: +734
5 Losers: -100
Total: +634
85% Winners, 15% Losers
Best Day: 04/29 +94, Worst Day: 04/13 -12


EUR/USD 39 trades generated for 8-12
32 Winners: +614
7 Losers: -133
Total: +481
82% Winners, 18% Losers
Best Day: 04/08 +64, Worst Day: 04/28 -21




USD/JPY 39 Trades generated for 8-12
32 Winners: +481
7 Losers: -123
Total: +358
82% Winners ,18% Losers
Best Day: 04/22 +52, Worst Day: 04/13 -23



GBP/USD 36 Trades generated for 8-12
29 Winners: +681
7 Winners: -140
Total: +541
81% Winners, 19% Losers
Best Day: 04/08 +81, 04/19 Break Even


Overall I would say it was quite a good week. +563 Total for this week. I believe that so far this system is averaging 500 or more pips a week
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So there you have it, looks really impressive and hopefully could be added in the fxfisherman bot?

[scorpion]

The result looks great! Gazuz, could you please keep an eye on it? I can backtest and code this system if it works for long-term.

[gazuz]

Originally Posted by scorpion

The result looks great! Gazuz, could you please keep an eye on it? I can backtest and code this system if it works for long-term.

I'm tracking the thread, also saved a backup just in case they decide to take the website down because its too good of a strategy

I doubt I will be able to do that myself because the hours are 5am-9am and 11pm-1am Pacific Time which I am unable to do because of work. So I can only rely on other people's backtests

[scorpion]

Sure you can just keep track of the system's live activities. Give me a call if you get any news.

[Cartoon]

I have try this strategy, I sell at 1.2880, stop lose at 1.2900 and take profit at 1.2822 (EUR/USD), now earn 58 pips (Demo Account)

[gazuz]

Originally Posted by Cartoon

I have try this strategy, I sell at 1.2880, stop lose at 1.2900 and take profit at 1.2822 (EUR/USD), now earn 58 pips (Demo Account)

Good to know it works from an FxFisherman's point of view, but do you think it is possible to make this a bot? or does anyone around here thinks its possible to make it a bot so we can backtest the results?

Thanks in advance

[Ravique]

There is some discussion going on now about programing this stretagey in the metatrader group. There are some experienced programmers there, so i think someone will do it this week. I will follow their discussion, and post the mql here if someone will program it.

[Cartoon]

I forgot tell you guys, I apply this stretagey in 5min chart, b'cause metatrader don't have 10min chart

[scorpion]

Gazuz, check your PM.

[Cartoon]

Today report, sell (EUR/USD) 1.2757, stop lose at 1.2777, take profit at 1.2726, 31pips.