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mtruefx replied Oct 29, 2020I can show you 100's of backtest that are not performing in real life, especially crapy ea's
has anyone EVER seen a successful trader/trading system?
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mtruefx replied Oct 29, 2020A backtest report has absolutely nothing to do with the profitibality of a system.. show a myfxbook or other link to live results instead.
has anyone EVER seen a successful trader/trading system?
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mtruefx replied Oct 28, 2020An EA can be successfull, BUT you need to treat it like someone who is doing the dirty work for you and guide and improve it all the time.. I don't believe in those 'plug and play' ea's that are running the same way all day 24/7 and certainly not ...
has anyone EVER seen a successful trader/trading system?
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mtruefx replied Oct 21, 2020What do you mean exactly? Sell: you need it to be below -90? Buy: you need it to be above -10? Is this what you mean?
scalping strategy call 50+
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mtruefx replied Oct 2, 2020max DD I will allow is is 4-5%, this is approximately the same as one months profits, so that is one months of profit at risk if it hit's the DD, that would suck to loose one months of profit in one trade, but it did not happen so far at least
Hedging strategy on 1 minute chart
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mtruefx replied Sep 29, 2020There will always be some healthy scepticism this is FX after all.. Instead you should prove people wrong, consider posting a myfxbook link on an account you are currently trading

+1000%? It's Done Now, +10000% next?
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mtruefx replied Sep 22, 2020I get you point, but basically the spike highs you are seeing is drawdown, the higher the spike the more drawdown, the curve is created based on closed positions.. so if you have 5 hedge trades in total and it close the largest winning position ...
Hedging strategy on 1 minute chart
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mtruefx replied Sep 21, 2020Who do you consider being market makers?
How can an "edge" wear off - Shouldn't it be the opposite?
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Hedging strategy on 1 minute chart
Started Sep 20, 2020|Rookie Talk|14 replies
I have a strategy on the 1 minute chart that definately have an edge in the market, but since ...
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mtruefx replied Sep 20, 2020The market makers move in the opposite direction of retail traders, so if retail traders are doing the same the MM's will move it in the opposite direction.. as simple as that.. I suggest you to lookup 'IG Market sentiment'
How can an "edge" wear off - Shouldn't it be the opposite?
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mtruefx replied Jun 22, 2020I have a strategy based on fractals as well, so I'm very curious about this strategy and went to backtest it in tradingview (from Jan 2020 - today's date) The results were pretty good 8 wins 2 SL 3 breakeven trades I went for a 1:2 RR and placed SL ...
3 Bar Fractal Break
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mtruefx replied Jun 22, 2020kostas is a living proof that this is possible.. it is more or less 10 years since you posted the famous curve where you started making 3-9% per day, which are crazy returns and no one would stick around something for 10 years if it was not working ...
CHOROS System
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mtruefx replied Jun 21, 2020Interesting stuff.. 2 similar things has stuck in my mind as well 1. I attended a seminar with a similar guy (the kind of guy that gets inverviewed by cnn), he have more than 20 years of experience from working at a broker (and trading himself) and ...
CHOROS System
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mtruefx replied Jun 16, 2020
So funny, I was thinking that it was Mr Miyagi behind our good friend 
CHOROS System
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EA that adds to winning position
Started Jun 11, 2020|Platform Tech|0 replies
Hi, I'm wondering if anyone ever seen an EA that does the opposite of all the loosing EA's out ...
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mtruefx replied May 20, 2020I don't see any free download options from the website? (update: nevermind found a free demo account option)
Giving Back! My Best Expert Advisor EA Free for Everyone
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mtruefx replied May 13, 2020USDCHF 15 min - looking to short if we get a nice re-test of the 35/50
CHOROS Interactive
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mtruefx replied May 5, 2020USDCHF - 15 min charts TP hit at 30 pips (risked 10). I had a bad couple of weeks trading the dance, so I'm going to step down for a while and review my own trades
CHOROS System
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mtruefx replied May 3, 202015 min chart. Question: Would you take this as a touch trade at the yellow point?
CHOROS System