A similar story could be told for the UC 5 m. I think it is quite self-explanatory by now, but let me know if you have questions. image image

The "You can't be serious" system

Let’s see a couple of examples for today: cable 5m image If you compare the 2 charts, you can see how the SMS (simple mechanical strategy) a) entered at some pretty stupid points, b) tends to give back quite a lot of open profit. That is where a ...

The "You can't be serious" system

Ex3m6 A few observations. In general, you can tell that AU is in a range since mid April. Usually the longer the range, the more tension builds and the more powerful the break-out could be. The down side is that we may see one or more false ...

The "You can't be serious" system

Thank you, herewego , much appreciated. I understand your point. I tend to be very much the same. Anyway, feel free to ask, even via PM, if you prefer.

The "You can't be serious" system

Oooops, sorry, in post 147, the second chart is actually a USDCAD chart, rather than the Dow one. I do not seem to be able to edit that post anymore, so here are the two Dow charts: image image And, since I mentioned it, here are the two USDACD ...

The "You can't be serious" system

But of course, in a spirit of balance and marketing defeating tactics (I am a pro on that!) here is the monster. Gold 5 m. Now, the most attentive of you may have noticed that Gold does not seem particularly suited for this strategy. Perhaps this is ...

The "You can't be serious" system

In the meantime, here are the usual money shot: Dow Jones 5 m. SMS made quite some money because uhmmm…there was a trend? Lost some money when uhmmm….there was no trend? image And this is the “superior knowledge” applied. What ...

The "You can't be serious" system

Hmm... either it is all crystal clear, or it is so dauntingly complicated that …well, why bother? Or competition is too fierce and much better. Or there is no appetite for this kind of strategies, or indeed this kind of topic. Oh, well, I will ...

The "You can't be serious" system

...and one for the reality and balance: nightmare. As it is customary recently, it comes from 5 m Gold: image Not even "magic" would have saved the day. There were ways to avoid most of the carnage. One day perhaps we will discuss these, if there ...

The "You can't be serious" system

Pity I have not enough time these days. There were some nice examples today. A lot to talk about, potentially. As usual, one for marketing (heaven!) : USDCAD 5 m image The interesting part is that the “superior knowledge” on UC would ...

The "You can't be serious" system

Yes, here2there, That’s the sort of idea. I know it is a lot to ask, considering my verbose style, but I invite you to read the first few posts where I try to explain the reasons behind this thread. Just to recap: One part is a super ...

The "You can't be serious" system

The third example is DAX 5m. Again, SMS worked once a trend was established, but suffered without it. image Again, identifying ranges, especially in proximity of obstacles (in this case it was a R2 level) helps avoiding entering in choppy ...

The "You can't be serious" system

Then, of course, for balance, let’s show the monster. This is courtesy, for the second time in a row, of Gold 5m. Look at it! Heaven for highs and lows pickers, hell for trend followers. If a tend following strategy works here then it is not a trend ...

The "You can't be serious" system

Ah, some motivation and support! Thanks scsstnt! I do not have much time these days, so I just show some charts with the simple mechanical strategy (SMS) and the comparison with what could have been achieved with some basic knowledge of PA. Let’s ...

The "You can't be serious" system

Finally, to balance and be fair to our poor old SMS, the nice scenario: oil 5 m. SMS: image Our “superior knowledge” here would not have helped much. In fact, it gave the same overall result, but without the loss in ...

The "You can't be serious" system

Then we have the monster: the nightmare scenario for this kind of strategy, the example no self-respecting signal vendor will ever show: gold 5 m. The SMS: It looks as if designed to torn us to pieces! Here we would have needed a lot of “superior ...

The "You can't be serious" system

Well, judging from history, so far the less I argue with someone the less appealing this thread seems to be. That is a bad incentive! And I thought the funny style was just a little sideshow!. It turns out it may well ...

The "You can't be serious" system

The second example is the bloody FTSE (we have been enemies for a long time!) This is a great example of the proverbial “stupidity” of the algo (at least the simple one we have here.) image Black vertical line is ...

The "You can't be serious" system

So, algo or Hybrid? A couple of examples from today on 5 minute charts. image This is cable 5 m on the simple mechanical strategy (let’s call it SMS). You start with a loss and then you have 2 wins. (you ...

The "You can't be serious" system

Ah, what a fascinating topic! Can’t help dipping in. I am sure many of you will know my position on the subject. For the very few still in the dark it goes a bit like this: Mechanical (algo) good, but usually not ...

What's Your Opinion on EAs and How to Approach Them!