Hi gnllr Ok. So. Yesterday's low must be greater than the previous day's low. We do not care about the high (for long) AND yesterday's CLOSE must be greater than the OPEN.

Simplest system ever

Yes. I have tested with 14. But you are free to use whatever you would like. I have also played with the idea of adding up the high-lows for the last 365 days and divide by 365. Just keep it simple. I also think that the metatrder version of ATR is ...

Simplest system ever

You could diverisfy with three coins. Add the result and if negative proportionally modify the size of the next bet.... This you cannot do in a casino. Or very hard to play on three tables simultaneously.

Money Management

Also The risk/reward ratio is 1:2 on average. Why? Because simply we use the 1/2 if the ATR and IF the market goes in our direction from the 1 second then on average the market goes 1 ATR. So the R/R simplified. That also means that we need a ...

Simplest system ever

One can also apply more rules. I have published here a basic stuff that WORKS. I am using it on a daily basis and it makes consistent profits. My calculations, including spread, slippage factor and so on showed 2000 pips for approx 200 days!!! That ...

Simplest system ever

Thanks. Of course one should not bet the farm. So I think 1%-2% risk is the max. Basically on a very bad day if risk 1% than the 2% of the account can be gone. On a series of very bad days than can be substantial. Shit can happen as they say. This ...

Simplest system ever

Same do the reverse. If previous high is lower than the one before and the close is lower than the open. Sell on the open. SL is 1/2 of the daily ATR. If SL hit reverse. Do that ONCE A DAY.

Simplest system ever

That also correlates with my results. As far as the MM is concerned diversification is one key to that. Then the analysis of bars is the other. Also I am using the slope of a moving average. Later I will post pics.

Simplest system ever

I am also going to analyse things like outbars and inbars for instance. But for now we stay in the domain of "higher low and close higher" domain for long.

Simplest system ever

The system I am proposing here can be a basis of something different but we shall not overcomplicate things. Basically the diversification is one key to reduce the risk. And if we keep the system simple we can manage more instruments. Hint. So Say. ...

Simplest system ever

Thanks for the break even vote.

Simplest system ever

One more thing I forgot the test above covers ONLY the long trades. I forgot to mention that. I am working now on the second version of the code which tests from the other side as well. ie shorts.

Simplest system ever

Thought will make some useful contribution to FF after a series of questionable posts and threads of my mental health.

Simplest system ever

I am using it on daily basis as a base of my decisions with success. The key is discipline and consistency as always. Now I am running the same code on 10 currency pairs with correlation factors included and I will see the result. I am expecting the ...

Simplest system ever

I have run extensive analysis on the GBP/USD pair. Result between 01/2007 and 10/2007 using the 15 min metatrader data resulted in approx 2000 pips if open is 8am in the morning and close is 8pm. That is all. Hope this helps. The analysis has ...

Simplest system ever

He might be right. I give him my lunch then.

Cable Update (GBPUSD)

He is feeling lucky

Cable Update (GBPUSD)

LONG CABLE LONG. You can pay my meal

Cable Update (GBPUSD)