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Thread: 100% Profits With Fantastic Four (00, 20, 50, 80)

  1. #1
    Junior Member
    Join Date
    Jan 2009
    Posts
    7

    Default 100% Profits With Fantastic Four (00, 20, 50, 80)

    Hello guys,

    i am not new here but posted not so much until now

    I have here a very good and efficency trading system. That idea is not from me but i will share it here because i need some help to create of this an expert advisor.

    I am trading this system since a few month and it works perfectly. Most of you will tell me now that the risk / reward ratio is real bad. That seems to be like at the first look. But really you have a real small drawdown on it and you will get 100% of your opened trades.

    Well here the rules:


    Open the chart in the morning or afternoon (before work, before New York opens) (H1 or H4)
    Look at the solid and dashed horizontal lines at price ending in 00, 20, 50, 80
    Place 4 Pending Orders (Sell Limit) above the magenta line, at the price ending in 00, 20, 50, 80 and each take profit 10 pips
    Place 4 Pending Orders (Buy Limit) under the magenta line, at the price ending in 00, 20, 50, 80 and each take profit 10 pips
    Close the chart and enjoy your day without look at the chart
    In the night, open the chart again and look at the profits
    Close or modify your pending orders that weren't touched
    Repeat these steps tomorrow

    Here some pictures for a better overview:







    The system works on the following currency pairs:

    AUDCAD","AUDCHF","AUDJPY","AUDNZD","AUDUSD",
    "CADCHF","CADJPY","CHFJPY",
    "EURAUD","EURCAD","EURGBP","EURJPY","EURNZD","EURU SD",
    "GBPAUD","GBPCAD","GBPCHF","GBPJPY","GBPNZD","GBPU SD",
    "NZDCAD","NZDCHF","NZDJPY","NZDUSD",
    "USDCAD","USDCHF","USDJPY","SILVER"

    and the indicator works on 4 digit and 5 digit accounts.

    Well the 2.1 works on 4 and 5 digit, the version 3 only on 4 digit.

    The problem is that the most of the files are compiled. I cannot decompile it. And the second problem is that the Indicator describes some failures in the log. The whole time when the metatrader works.

    The failure it will written: "invalid time or object move function".

    The failure will come in the most of the indicator files. If anybody can delete this failure in the 2.1 and make the version 3 for 5 digit available it will be nice.

    If anybody can make an Expert Advisor from this system it will be nicer.

    But the manual system will be good enough for me.

    In the attachment you will find all the files you need to trade with this nice system. The 2.1 indicator is decompiled!

    I anybody needs help i will be there to help. Hope that anybody can help me here to correct the failures.

    Thx
    Attached Files Attached Files

  2. #2

    Default

    Quote Originally Posted by Snoopy1234 View Post
    Hello guys,

    i am not new here but posted not so much until now

    I have here a very good and efficency trading system. That idea is not from me but i will share it here because i need some help to create of this an expert advisor.

    I am trading this system since a few month and it works perfectly. Most of you will tell me now that the risk / reward ratio is real bad. That seems to be like at the first look. But really you have a real small drawdown on it and you will get 100% of your opened trades.

    Well here the rules:


    Open the chart in the morning or afternoon (before work, before New York opens) (H1 or H4)
    Look at the solid and dashed horizontal lines at price ending in 00, 20, 50, 80
    Place 4 Pending Orders (Sell Limit) above the magenta line, at the price ending in 00, 20, 50, 80 and each take profit 10 pips
    Place 4 Pending Orders (Buy Limit) under the magenta line, at the price ending in 00, 20, 50, 80 and each take profit 10 pips
    Close the chart and enjoy your day without look at the chart
    In the night, open the chart again and look at the profits
    Close or modify your pending orders that weren't touched
    Repeat these steps tomorrow

    Here some pictures for a better overview:







    The system works on the following currency pairs:

    AUDCAD","AUDCHF","AUDJPY","AUDNZD","AUDUSD",
    "CADCHF","CADJPY","CHFJPY",
    "EURAUD","EURCAD","EURGBP","EURJPY","EURNZD","EURU SD",
    "GBPAUD","GBPCAD","GBPCHF","GBPJPY","GBPNZD","GBPU SD",
    "NZDCAD","NZDCHF","NZDJPY","NZDUSD",
    "USDCAD","USDCHF","USDJPY","SILVER"

    and the indicator works on 4 digit and 5 digit accounts.

    Well the 2.1 works on 4 and 5 digit, the version 3 only on 4 digit.

    The problem is that the most of the files are compiled. I cannot decompile it. And the second problem is that the Indicator describes some failures in the log. The whole time when the metatrader works.

    The failure it will written: "invalid time or object move function".

    The failure will come in the most of the indicator files. If anybody can delete this failure in the 2.1 and make the version 3 for 5 digit available it will be nice.

    If anybody can make an Expert Advisor from this system it will be nicer.

    But the manual system will be good enough for me.

    In the attachment you will find all the files you need to trade with this nice system. The 2.1 indicator is decompiled!

    I anybody needs help i will be there to help. Hope that anybody can help me here to correct the failures.

    Thx
    Hello Snoopy!

    Are you still trading this system? If so, how is it working out for you?

    Also, why do u choose 4 sell limit orders?

  3. #3
    Junior Member arieldutchess's Avatar
    Join Date
    Jan 2012
    Location
    USA
    Posts
    5

    Default

    Hi, are you still using this system?

  4. #4
    Junior Member
    Join Date
    Oct 2009
    Posts
    3

    Default

    began to test the system. So far so good
    100% Profits With Fantastic Four (00, 20, 50, 80)-instatrader-jpg

  5. #5
    Junior Member
    Join Date
    Jul 2013
    Posts
    3

    Default

    I can finish the EA base on this system.

    buy i don't know how to set the stop lose,and what's the exit condition except take profit successfully?

  6. #6
    Junior Member
    Join Date
    Mar 2012
    Posts
    17

    Default

    Don't trade it around news events. If you do, and the market shifts suddenly, it can force massive drawdown. It works best when the market is ranging... Usually when the markets of both currencies are closed. To be on the safe side, you could put a 20 pip stop loss above the highest or lowest trade trigger to avoid losing/blowing your account... Or, some other stop loss which isn't too bad. Look at the highs and lows over the past month to determine volatility of each currency pair.

  7. #7
    Junior Member
    Join Date
    Apr 2014
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    1

    Default

    Good job sir

  8. #8
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    Apr 2014
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    Default

    Has anyone tried it on real accounts? Some systems might work in demo account but not real accounts


  9. #9
    Senior Member fxtester's Avatar
    Join Date
    Nov 2008
    Posts
    3,165

    Default

    Wow, I didn't see this thread. Its reminds me Udine's method.

    The EA with a statement on EU H1, dukascopy data (GMT 0), entry at 12 (New York market open time), delete at 18 (New York market close time). Since 2014 only, as it is quite slow.

    TP 10, SL 200 (as suggested by the author in another board).

    The SL/TP ratio is killing the system. One loss eats 20 wins!!

    You should try a different ratio, or entry hour.
    Attached Images Attached Images 100% Profits With Fantastic Four (00, 20, 50, 80)-strategytester-gif 
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