Profitable, tested mechanical trading systems. THIS THREAD IS CLOSED AND REQUEST TO DELETE IT HAS BEEN SENT. Last edited by mikkom, Feb 9, 3: Dec 6, 6: Donchian 4 week open, 1 week sl system. In same way, SL is moved down shorts to last weeks high if last weeks high is lower than current SL.

When one position is opened, no more positions will be opened until the open position is closed.

Options Trading Strategy on MACD Divergence - The Options Hunter

On the test period, this system would have made with fixed lot of 0. Last edited by mikkom, Dec 6, 7: Dec 6, 7: Here are testing results for other system called FirstStrike Plus. The system is created by a veteran trader who is also a member of this forum, TheRealThing. The full system can be downloaded from his blog at http: In fact the total result was very surprisingly high. The result might be so well because control points testing method does not work very reliably with tighter sl's OR the method might just work this well.

On sidenote, the trading environment changed about at that time so these might be too old results to count in or then not. Image from the tester below. Last edited by mikkom, Dec 6, 9: Dec 6, 8: Here are the results for "One night stand" method from TheRealOne's site at http: This one is a bit trickier to test with geometrical MM because no SL is used.

This might be correct or incorrect way to calculate max risk but it's the best way I can think of at the moment. Note that while position size is calculated this way, no SL is used in trades as said in the rules. Last edited by mikkom, Dec 7, 5: Dec 7, 4: I got pm about the results posted here.

I'll answer the questions here to clarify things for other people too. All results are in dollars, not pips.

The life of a trading system on Forex Factory - General Area - Binary Options Edge

With pips, it's also impossible to know what the exact risk is because you still have one element position sizing missing from the system. For example by weighting certain trades by using bigger lot size for them, you would get totally different results from the above. Even using fixed lot would mean skew the results because risk for each trade would be different - for tighter stoploss orders trade risk calculated by account balance would be much less than for those with larger stop.

All the results are for the full test period for each currency from to It's also interesting to note that not one of the above systems uses "indicators" of any kind.

If high of X bars isn't considered an indicator of course.. I'm not going to post any more systems after these - I'm waiting for contributions from other members. Feel free to post here or contact by PM if you know of a system should be included here - it doesn't have to be your system, a link to a system definition is as good as a system that you have made yourself.

I want to see if anyone else is willing to give away their secrets about working systems because I know how rare and valuable this information is. Someone might be puzzled why I decided to post [some of] my findings here, it's for two reasons.

First of all, I think it's very important to see what kind of methods really work based on longer term testing and to promote longer term testing. Some people think that a system is profitable when they have traded with it for a year with one pair. It really doesn't tell you anything. Second and most importantly yes I have selfish reasons too , I want to hear from other people who know of the other pieces of puzzle that I'm missing myself.

Last edited by mikkom, Dec 7, 8: Dec 12, 4: Not sure why you want to close this thread I have been watching and communicating with Joel for about a year, he truly is a great guy and what he has given to us is very effective if we follow the rules, but that is true with any workable system Dec 12, 5: Originally Posted by johnedoe.

LAT - Short Course

Feb 3, You posted link to wrong site - thats why. Originally Posted by mikkom. I already answered as a PM but I'll answer here too so everyone knows why I closed the thread I got banned for a month after working for a day to post the above posts because for some reason moderators looked at the posts and decided for some reason that I don't know that this thread is spam.

After I sent a clarification via contact form I couldn't even post PM to moderators that they should look at the links and not randomly ban people who post something I got my posting rights back. I might do a similar thing in the future somewhere Feb 9, 3: Originally Posted by ianf0ster. Mikkom, You posted a link to Joel's commercial web site instead of to his free blog site. It is th blog site which has the details of the FirstStrike and OneNight Stand systems.

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Profitable, tested mechanical trading systems THIS THREAD IS CLOSED AND REQUEST TO DELETE IT HAS BEEN SENT I would like to start a thread that is dedicated to testable, mechanical trading systems that really work.

With tested results for each system.

The definition of a "mechanical system" in this thread is that the system must not have any "discretionary" element, ie. That covers most of the volume of the market.

Other pairs tend to be just aggregated moves of these pairs ie, technical analysis works worse with them. If the position size would be calculated to current account balance, the results would be better on profitable systems. However the results would always weight the later data to be more important than the begin data.

I open this thread mainly to gain knowledge about different methods that work so it would be possible to evaluate what kind of systems work on longer term, ie. If you have a system that you would like to contribute, please post it.

Note that the system must be mechanically testable per abpove rules. If you can't code the system can't program etc that you know to be a profitable system into a testable program by yourself, feel free to contact me. I start the thread with one actually profitable system.

It's my personal modification of the turtle system, in fact it's even simpler than turtle original turtle system was. If someone wants to help with the testing by pointing to a better trading platform than mt4 I'm looking into rightedge at the moment but the problem is forex data , I would be very thankful. Backtesting does not necessarily reflect future results.

Chuck Hughes OTME

You must understand risks and whys before you can trust any backtesting results. Also, I don't promise that my tests do not contain bugs, they might very well do. Don't trust my results - Do the tests yourself. Extracted Posts Here are the results for "One night stand" method from TheRealOne's site at http: Member Since Dec 2, Posts. Originally Posted by johnedoe Hi Mike You posted link to wrong site - thats why Quote: Originally Posted by mikkom I already answered as a PM but I'll answer here too so everyone knows why I closed the thread I got banned for a month after working for a day to post the above posts because for some reason moderators looked at the posts and decided for some reason that I don't know that this thread is spam.

Originally Posted by ianf0ster Mikkom, You posted a link to Joel's commercial web site instead of to his free blog site.