Which time frame are you trading? Amibroker is a powerful trading platform that lets you backtest your trading strategy (and it usually requires you to have programming knowledge). And what a surprise! It will be like a shock and you will probably talk a few times about the crazy weather on this day. The mega banks will never tell us On the left side (in the red rectangle) after the price drops below the horizontal (at the black arrow) the short position of the smart money is already in profit. Heres how Select the market you want to backtest and scroll back to the earliest of time Plot the necessary trading tools and indicators on your chart Ask yourself if theres any setup on your chart If there. MT4 A free charting platform that lets you do manual backtesting and forward testing. Heres my definition of it: Backtesting refers to testing your trading strategy on historical data and see how it performs over time. Because there are many possibilities to enter with the V-Power EA and they all need to be explained in detail, I have devoted an entire article for this topic. Within the areas of the circles you can search for V-Power setups with the method explained before.
How to Backtest a, trading Strategy, even if You
You might be wondering: Why do I want to backtest my trading strategy? In the following screenshot you can see the picture perfect V-Power entry signal. In the following screenshot I labeled with the horizontal lines where I estimate the average price of the position of the smart money. But you can easily spot the direction of the trend with the boxes which are drawn by the V-Power. Rule #4: Choose only those entry signals which occur at least 20 hours after the tight accumulation range started We are still not completely finished with defining our high probability day trading strategy. Actual draw downs could exceed these levels when traded on live accounts. And these rectangles make it extremely easy to detect the high probability V-Power setups!
To select high probability trades the areas which are labeled green and red in the following sketch must have a special look: In the following sketch you can see the 3 components which define a good Level1 reversal which you will exploit:. . Sign Up, curious about algo trading? Hypothetical performance results have many inherent limitations, some OF which ARE described below. A free space develops below (when we wait for bearish reversals) and above (when we wait for bullish reversals) the tight range. Join The V-Power Today My automate my trading strategy biggest goal with the explanations on this page is to give you a rule set for detecting the absolute best high quality day trading setups! Refer to our license agreement for full risk disclosure. At the same time the target price is automatically set nearer to the actual price. Please ensure that you fully understand the risks involved.
The target is now only a little above of the entry price of the first partly position: If the price makes an even bigger pullback, as labeled in the next screenshot, then a fourth partly position is opened. You will have more confidence and a lot less pain during your trading career if you add only the best of the best trading strategies to your arsenal and avoid all mediocre profitable rule sets. The position of the smart money is already in profit when the traders of the herd start to panic and exit their position. The special form of the sharp reversals (Vs and inverted Vs) gave the system it's name: If you want to enter into high probability trades during Level1 then you can't select any V- or inverted V -shape pattern and hope for a profitable trade. The following screenshot shows the situation for a buy signal. A tight range is a good sign that the smart money is silently accumulating it's own position. The position which the smart money has actively accumulated during the tight range and during the final stop hunt move will now be distributed to the herd at a better price with huge profits. You will love this powerful combination: edge of smaller picture edge of bigger picture Join today and take advantage of the 20 introductory discount. The purpose of the rules is to let you detect high probability setups which give you a big edge over the market.
Trading, price Action: Advanced Swing
Article 4: The Emotional Roller Coaster. No representation is being made that any account will or automate my trading strategy is likely to achieve profits or losses similar to those discussed on this website or on any reports. And the automatic technical analysis of the V-Power Trading System will guide you to high probability entries into these Level1 moves. There can also develop other types of reversal candle stick patterns. The most important part is that you learn to select the highest probability setups properly. Start 30 Day Trial, automated, semi-automated, OR manual, powerful machine learning. Ready to get started?
As soon as the first rectangle with a new color is drawn then you directly know that the direction of the trend has changed and that enough time (20 hours) has passed. I don't think you can have a bigger edge over the market as a retail trader. Yes we can only estimate. Download Free eBook, ready to get started? The following screenshot of the time frame H1 shows the end of the trading day automate my trading strategy with the vertical dotted lines: As a rule of thumb: The earlier an entry signal occurs in the day the bigger can be the subsequent. With other words: You will have the highest probability of success near the key turning points! With our high probability day trading strategy for forex we want to select only the best Level1 moves for our entries. All entry signal after 20 GMT should be avoided because the odds are against a big further move. Looking to find out more? You can use a free charting platform like MT4 or TradingView. Also the final accumulation move and the subsequent reversal takes time. Learn how to leverage the power of algorithms to supercharge your trading.
A Semi- automated Trend Line Trading Strategy
This does NOT include fees we charge for licensing the algorithms which varies based on account size. Cftc rule.41 - Hypothetical or simulated performance results have certain limitations. They can produce insanely big winning trades with a decent winning percentage! Then you will be able to enter trades of highest quality on a regular basis and you will join the absolute elite club of professional traders. V-formations also exist on the daily time frame! Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. Such trades can be hold longer, days or even weeks! How do I exit my winning trades?
With time more and more traders of the herd are closing their position in panic. Very important: In relation to the age of downward trend this signal came very early within the trend. Exceptions: If I already answered questions about the system then I invested my personal time and then I can't give you a refund or if you downloaded the free version before the purchase. The following screenshot shows the bigger picture, the trend on the time frame. The time for spotting the setups and executing the trades is therefore limited. From the explanations about the final accumulation by the smart money we can now define the third rule for our forex day trading strategy. And this saying is also true from our point of view on the markets: The old (wrong) positioned traders are exiting their positions in fear, new traders are opening their positions into automate my trading strategy the new direction and the smart money. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. But if the temperature of the next days is 25 degrees lower then you will feel this temperate shift totally different. The pros: You can backtest your trading strategy without suffering from look-ahead bias A powerful backtesting software thats used by Professional Systematic Traders The cons: If you want to exploit the full features of Amibroker, you must learn. As you can see in the rectangles in the following screenshot pin bars with long wicks can develop.
Intraday Open High Low Strategy -Live Signals
Published percentage per month is based on back-tested results (see limitations on back-testing above) using the corresponding package. These setups are not AAA setups but still AA quality because they are in direction of automate my trading strategy strong trends: Now you will see an example of a AAA trade which had the potential of a 13R winner (1R the initial risk of the trade). The price is not allowed to drop anymore. Only after these price levels are reached the inverted Vs (sell trades) and the Vs (buy trades) are completed. So, you have confidence that your trading strategy actually works. The trend analysis is labeled in the following screenshot. The profit release phase for the smart money has started. Also, since the trades have not been executed, the results may have under or over compensated for the impact, if any, of certain market factors, such as lack of liquidity.
During the sideward accumulation phase the smart money actively accumulates its long position. V-Power Trading System 12 Month Yearly Recurring Payment 1 Expert Advisor for Metatrader 4 1 Installation Manual Access To A Telegram Group Expert Advisor: PTS_V_Power_EA - Automated Trend Analysis - Partly Automated Entries - Partly Automated Exits - Telegram. The automation possibilities of the V-Power system makes it possible for you. The average price comes nearer to the actual price. The next section will explain in detail how you will be able to do that and how you can even automate the trade entries and exits with the V-Power System. The past performance of any trading system or methodology is not necessarily indicative of future results. With useful strategies I mean, that the rule set for exploiting the high probability zone does NOT drastically reduce or even completely destroy the edge of the highest probability zones. You will probably get a complete new view on the financial markets. Curious about algo trading? Such big winners can only be achieved with the tight stop of the day trading entry method combined with the trend of the bigger picture. But the difference is youre doing it in real time.
Only then we can expect (according to the usual behavior of the market) that a further big move after our entry signal occurs. Allow me to introduce you Amibroker. Now imagine how big your winning trades can get if you enter directly after a V (or inverted V) on the daily time frame has formed and when you enter with a tiny stop on the time frame. Read on Forex Tester: How it can help you backtest your trading strategy with ease So what is Forex Tester? With this system you will be automate my trading strategy directly exploiting the behavior of the smart money. The smart money stops the move by heavily absorbing all incoming orders from the herd.
Part 8: What, is A Forex Trading Strategy?
There ARE numerous other factors related TO THE markets IN general OR TO THE implementation OF ANY specific trading program which cannot BE fully accounted FOR IN THE preparation OF hypothetical performance results AND ALL OF which CAN adversely affect actual trading results. Then you can slightly deviate from the rules because you will be able to say "OK I take this trade although rule X is not fulfilled. If you would have risked 100 with this trade then automate my trading strategy you could have earned 1300! After reading this page you will be able to use the day trading entry technique to enter into big and strong moving trends. As you read in the article "The Smart Money 3-Day-Cycle" I call the first day of the 3-Day-Cycle.
In order to fully understand the concepts of the underlying forex day trading strategy you should read the following 5 articles first : Article 1: How To Exploit The Smart Money. The time frame where you search for the entries is always H1! The reddish brown rectangles (labeled with the downward arrows) are showing the downward trend. But if you want to learn more, you can check out Forex Tester here. The 4 circles in the following screenshot show entry regions early after a V-formation has formed on the daily time frame. Watch Free Demo, ready to get started? Rule #3: An additional move out of the tight range in direction of the previous day must develop We need a more rules to find our highest probability V-Power setups. T does not make buy, sell or hold recommendations. In our bullish V-pattern example it's another fast downward move. Unique experiences and past performances do not guarantee future automate my trading strategy results. These results are not from live accounts trading our algorithms.