Quote:
Originally Posted by ICON
These days many systems have been called holly grail without being profitable and your system is profitable as per users comments so maybe you have the right to call it Holy Grail.
good luck in your trades
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Hi ICON,
You (and most lickely many other people) are so used to think IN the box. As I said this system is outside of the box.
This system has NOTHING to do how the market is acting. You can think: OK but price is moving so the price needs to trigger the entry.
But for our system that is a 100% random item.
I gonna give you an example. With this example you need to forget everthing you learned about trading.
(this is just an example. So those rules have nothing to do with our system)
Lets say that I have a system where the rules say that every 15min you need to take in a trade. And every trade needs to be the opposite of the previous trade.
That means that at 08.00h you go long and at 08.15h you go short and at 08.30 you go long again etc ...etc
And on each trade you have a stoploss of 10pips and a T/P of 10 pips.
If you now think a little bit further then you realize that this is a random trade generator that has a 50% hitrate and profit and loss that are equal over a longer period time.
If it takes every 15min a trade to go long and an trade to go short it will loos 50% of its trades and it will produce 50% winning trades. If it is in a heavy trend up all the long trades will be winning and all the short trades will loos.
The opposite for a heavy down trend.
And the same for what ever kind of consilidation with high or small volatility.
What I try to proof with this example is that our system has this very same element. It has a hitrate and an avg win/loss ratio that will stay the same
whatever the market conditions are. Heavy trend up or down or whatever kind of consolidation with small of high volatility..
If you can build a system on that particular element then you know you have a system that will work till the end of time. For that reason I see this as a Holy grail.
Other system can perform very well in certain market conditions or on certain pairs.
If you place those systems suddenly on an other pair or they arrive in total different market conditions then the system does not work anymore and starts to loos a lot of money.
Our system does not have that problem.
regards...iGoR