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Thread: 2000 pips a week!

  1. #1
    Junior Member
    Join Date
    Jan 2009
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    9

    Default 2000 pips a week!

    Not a ROBOT ... just yet ... BUT, maybe it should be!
    Recently I have been exploring the Sling Shot Method as of late, as seen here:

    Martin Alexander's Slingshot

    There are currently two latest version EAs on this method, but neither one performed exactly sterling as per the thread on Forex Factory under Trading Systems in the post: Slingshot 30M & 1H - The 2nd Coming......

    Slingshot 30M & 1H - The 2nd Coming......

    Damon, has extensively tested this method and has been averaging 2000 pips a week!

    (He has been testing 4 different variations in order to achieve these results).

    My thoughts on this are to have a fully automated EA so that one will be able to trade all the major charts at once.

    But, it has to be an EA that will work.

    The other trick is to find a decent broker that allows scalping...any thoughts on this?

  2. #2

    Default

    Hello,

    Did you read the requirements for ideas to be submitted? If so where is your statement showing 2000 pips a week? If not you can read the requirements here
    http://www.tradingsystemforex.com/id...t-request.html

    Regards,
    Jeff

    Quote Originally Posted by silverngold View Post
    Not a ROBOT ... just yet ... BUT, maybe it should be!
    Recently I have been exploring the Sling Shot Method as of late, as seen here:

    Martin Alexander's Slingshot

    There are currently two latest version EAs on this method, but neither one performed exactly sterling as per the thread on Forex Factory under Trading Systems in the post: Slingshot 30M & 1H - The 2nd Coming......

    Slingshot 30M & 1H - The 2nd Coming......

    Damon, has extensively tested this method and has been averaging 2000 pips a week!

    (He has been testing 4 different variations in order to achieve these results).

    My thoughts on this are to have a fully automated EA so that one will be able to trade all the major charts at once.

    But, it has to be an EA that will work.

    The other trick is to find a decent broker that allows scalping...any thoughts on this?

  3. #3
    Junior Member
    Join Date
    Jan 2009
    Posts
    9

    Default

    Apologies to any and all and was simply notifying everyone to this powerful method.

    There are no indicators to this system other than bar charts.

    There are also a few different EAs already made for it by some very nice people at Forex Factory, furthermore there has been plenty of testing forwards and backwards, so I thought it would be good to let everyone know about it on Trading System Forex Forum.

    I should have placed this thread in the general discussion, MY OOPS!

  4. #4
    Junior Member
    Join Date
    Feb 2009
    Posts
    6

    Default

    He is using indicators......

    "Filtering the Trade:
    1. MACD Filter - Listed below in this post
    Here is the indicator for this filter only. When a blue line is on your chart, look for long trades only, and when a red line is on your charts, look for short trades only. You can change the MACD settings and also the number of back lines to be left on your screen. As of right now, default settings are what I am using. MaxMacdTrendSetter_v3.mq4
    How this filter is applied is listed below in this post
    2. Advanced MACD Filter
    3. ZZI Filter 4. Stochastic Filter
    4. Stochastic Filter"

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