This is how a trading video should be done. All facts and probabilities, zero fake hype or rented Lamborghinis. Bravo and subscribed
@raulhinojosa38604 жыл бұрын
EXTREMELY straight to the point video! Congratulations my friend!
@anirbandam82764 жыл бұрын
Exactly. The back testing was crystal clear
@BrandonAEnglish4 жыл бұрын
I'd rather see the facts and probabilities alongside the Lamborghinis.
@KarmaGeeGee4 жыл бұрын
i 100% agree.
@sbetrading88094 жыл бұрын
Hi. This is the first time i watch your video but i'm really impressed. And i subcribe your chanel immediately after 5 minutes. You're honest, don't like most of trading youtuber out there. If you don't mind, could yoi share your backtest spreadsheet please?
@ecksdee16374 жыл бұрын
FINALLY, A TRADING CHANNEL THAT DOESN'T SELL $500 COURSES. THANK YOU
@blackmagick774 жыл бұрын
That's how you can tell he actually makes profit with trading, because he doesn't need to sell courses to make money when he's already successful with trading.
@thrivetrading44114 жыл бұрын
$500 if you're lucky. Most cost $5,000, your unborn child, and a cup of crickets.
@gregschult69084 жыл бұрын
@@thrivetrading4411 do you think this is worth trying?
@madeiracake15374 жыл бұрын
Ecksdee beautifully said.
@walt36294 жыл бұрын
How much would you be willing to pay? I'll sell you one at that price. LOL
@WernerMi4 жыл бұрын
This proofs that money management is much more important than any trading system. Impressive.
@GGWPTrader4 жыл бұрын
Yes.. agree with you bro
@jacekkubiak35514 жыл бұрын
this kind of conclusion is senseless, as all elements of strategy is equally important... you need good entry point, good timing perfect money management, discipline , mindset an also exit strategy ... all of the are crucial for LONG TERM success
@ravindraravindra1734 жыл бұрын
Money management & technical indicator both combined strategy give u a better results
@gingling30004 жыл бұрын
Proofs
@SandroGigApps4 жыл бұрын
Agreed
@Mohammad-ki8og4 жыл бұрын
I just backtested this strategi 100 times and it gave the exact 62% win rate which is incredible it' the same. Good job man 👌
@booomhd7024 Жыл бұрын
What signal did you used? I can‘t get results over 48%
@hgkpereg Жыл бұрын
Forex or stocks? Which timeframe? Thanks for your answer
@PastorDanlibeofficialАй бұрын
@JQUICK21wow newbie
@johnwoolcock99804 жыл бұрын
I'd offer one additional piece of advice for when backtesting. Filter out the times of the day when you are not likely to trade. A number of signals will appear when you are sleeping, or at times when you prefer not to be trading and hence can distort the outcome. Try to backtest at least 100 times within the time zone you are working from. Other wise for newer traders wanting to learn the really essentials of constructing a profitable system, these are great videos.
@olumideawobowale28972 жыл бұрын
Would it be right to say the 100x entries should be on the same Forex pairs? Not just 100 x across different pairs?
@johnwoolcock9980 Жыл бұрын
@@olumideawobowale2897 Yes and believe me, 100 is not a lot.
@olumideawobowale2897 Жыл бұрын
Thanks
@elfrancky-011 ай бұрын
the problem, when you backtest 100 times, the error marging is 20%. You backtest 1000 times, the error marging is 6,4%. you know the confidence interval in the law of probabilities, you will see that 100 times it is not at all significant
@najmuschowdhury17664 жыл бұрын
i would also like to add something to this. if you're trading on H1 timeframe, also make sure the price is above/below 200 EMA on a higher timeframe like H4 timeframe. And if you're trading on M15/M30 timeframe use H1 timeframe as the anchor timeframe.
@sptrsttradr49184 жыл бұрын
Excellent point! I trade intraday off of the 5, 10 and 15 minute candles but I'm always in line with the the hourly and daily trend. I will also take small countertrend trades if going down at support, or if going up at resistance. Also keeping position sizes small and losses small really has helped me. Thanks for your comment!
@asam4 жыл бұрын
How can you do that on Tradingview for example?
@bnkiBirbz4 жыл бұрын
@@asam In TradingView in the top left there are 3 dots on the far right of the bar for EMA that you added via strategies. Click settings on the bottom of the list that pops up when you click those dots. Change resolution to a time frame above yours. I have found in back testing I took less trades and had around the same win rate.
@asam4 жыл бұрын
ProjectAbsolute07 Hm. I have checked two of the EMA from the public library. They don't have the option to change the resolution.
@najmuschowdhury17664 жыл бұрын
Just use metatrader
@wizardpublishinghawsinc.79344 жыл бұрын
'I do not wish to sell you anything' *Proceeds to not sell me anything Im sold.
@16sshotz4 жыл бұрын
lol right
@usanacebuphilippinesbyinde93484 жыл бұрын
same here hahaha
@zipodipo79234 жыл бұрын
...but I accept donations lol..
@TheAcfallejoseph4 жыл бұрын
Hahaha exactly
@GrgAProduction Жыл бұрын
BOOOOOOM!!!
@dawgsout4free4 жыл бұрын
You’re the best! The fact that you don’t even sell courses or signal services just shows your intent
@bethelukonu60084 жыл бұрын
lol
@watsupgardeners40232 жыл бұрын
tbf he does lol
@GG-mr9iz4 жыл бұрын
The most common sense video on trading I have seen in a long time without all the blah blah blah BS from other channels. Risk management is the key!
@faith38962 жыл бұрын
This is the first indicator and trading strategy that I have used that made me money when I first started trading. I managed to grow a measly 20 USD account to 500 USD but it was scalping with poor risk management but luckily it worked and it was like casino. Now, as a funded trader, I still use MACD and 200 EMA but with more confluence by adding price action and multi timeframe analysis.
@gregorydumago43412 жыл бұрын
Bro no offense can I ask for your trading portfolio cause I'm planning to use this strategy too thank you in advance.
@annalewis29752 жыл бұрын
You are right, I thought I knew it all when I was practicing with my demo account
@miguelantonioviega2 жыл бұрын
@@annalewis2975 To avoid making losses while trading, you need to get full understanding and knowledge of trading and holding
@francisrod3762 жыл бұрын
You're right..most time having knowledge or insight about a particular activity can as well be a pleasing exercise.
@cryptolover44082 жыл бұрын
That,s true most people today have been having a lot of failures in trading sector because of bad platform and poor orientation.
@philweekes95104 жыл бұрын
This channel is awesome. Just what I have been looking for. Its refreshing not having 101 coursers for the bargain price of only $5000 thrown in my face every 2 minutes!
@Papation4 жыл бұрын
I can’t thank you enough. Imagine what the world would be like if there were more people like you. Thank you!
@alexharrison93409 ай бұрын
The original and one of the best TR videos. One thing that really helped me is an almost 'throw-away' detail near the end about 'if you trade intraday and do 30 trades a month', I was doing too many trades on the one-minute chart and just getting a wavy flattish p/l curve. Just taking one or a maximum of two trades a day manually using TR's MACD system ( without any deviation from the rules in the vid) in only strongly trending markets (a strict rule) and on the 30m timeframe has improved my performance incredibly and can do the same for every interested hobby/amateur trader like me. As with all TR's vids there are so many gems crammed into 10 or 20 mins, it's well worth watching them on repeat several times over.
@calixtromondragon1464 жыл бұрын
I don’t comment much on KZbin videos. With that being said, I’m very happy to have found you. Keep up the content!
@bigwheelracingtv29184 жыл бұрын
Had to come back and find this video I’ve been using this strategy for the last 4-5 months using a 1:4 risk to reward on each trade and I’ve made good profit wayyyyy more wins than losses.. I just wann thank you for taking the time to test these strategies for us may God bless you!
@maxvanhorn86784 жыл бұрын
Wow! You have a higher than 50% winrate with 1:4 RR? How?
@Tradeandgrowrich2 жыл бұрын
What's your win rate with 1:4 RR?
@ayushmaansharma48116 күн бұрын
With that rr and win rate u should be a millionaire 😂😂
@shaikyaseen34844 жыл бұрын
you're doing god's work mate. Probabilities are what traders need to learn before strategies.
@johnniehouser40104 жыл бұрын
Congratulations and please never sell out. I watched about 30 channels out there. Yours is definely the most sincere one. Keep up this great work.
@oreo83734 жыл бұрын
I think you just made me 100% more profitable on my scalps. You deserve all the blessings in life for this!
@faceit35684 жыл бұрын
How do you scalp with macd??
@oreo83734 жыл бұрын
@@faceit3568 In the same way you would use it to day trade.
@faceit35684 жыл бұрын
What time frame do you use to scalp? It's been hard for me to find actually It’s going to be on my way or not. I tries on Gbpusd but seem Doesn't respect that much.
@oreo83734 жыл бұрын
@@faceit3568 I scalp on tick charts.
@oreo83734 жыл бұрын
@@faceit3568 The same principles from other time frames apply except the holding period is seconds not minutes.
@Alex-mu4ue4 жыл бұрын
This, this guy. He is the man we need. Thank you.
@victormeneses17414 жыл бұрын
Finally after 4 years of searching....! I found GOLD...
@elonmusk21424 жыл бұрын
Yes i found after 5 years of searching
@itscyphertrading87064 жыл бұрын
i came here looking for copper and i found gold
@anandpnara4 жыл бұрын
I found same, searching since 2017
@nickp19644 жыл бұрын
Yes! Completely agree. This is a great find.
@Jj-u5t4 жыл бұрын
I havent lost a trade and ive done 7 of them!!! Just pair it with a stochastic and a VWAP he made a video about and your wins will go up
@rayfree45114 жыл бұрын
The best forex trading education channel I've ever seen . Thanks a lot for your sharing knowledge !!!
@josephvictory95364 жыл бұрын
Subbed, this is the gold, love the simple and straightforward proof of concept. Important to note guys, notice when he places the backtest trades, he does so one candlestick AFTER the crossover. When you are live, the crossover wont be confirmed until candle close so the earliest possible time, is candle open for the candle after crossover.
@sweatergod47554 жыл бұрын
was confused about this before, thanks for clearing it up!
@lucholstein29144 жыл бұрын
That is indeed also the flaw about MACD, signals are a little delayed!
@TRADINGRUSH4 жыл бұрын
This is the first Video on this channel, if you have any questions related to Trading, feel free to ask. Want me to make video on a specific trading strategy to show their real WIN RATE?? Mention that strategy name it in comments!! *Important : If you watch my videos, Understand why I test Strategies 100 times and not 10000 times* : kzbin.info/www/bejne/fWimY6CBnJ2KbJI Subscribe for more videos :)
@trainingsschema4 жыл бұрын
Could you please share the empty excel sheet of the win/loss profit/loss?
@TRADINGRUSH4 жыл бұрын
I already did! Check out this video on how to download it : kzbin.info/www/bejne/nH2ulWqrgL-CrKM
@nakulbagkar.62484 жыл бұрын
sir...did it work on equity with day time frame ?
@just_christian4 жыл бұрын
Beat resource channel for trading strategies ever.
@charbelmounzer89444 жыл бұрын
I watched out all videos but unfortunately could not find how to screen stocks and create the daily watchlist :(
@paladinfx30834 жыл бұрын
This strategy definitely works. In my experience the best results are gained when trading only at the busiest time of day for Forex, ie when the European/London markets are open, thus also including the morning session in the US.The key here is strict money management plus using the long term moving average to filter for trend/trade bias.
@sunzbckk4 жыл бұрын
Are you using this strategy also mate? I’m trading it on london session only too
@TheKannanmnj4 жыл бұрын
@@sunzbckk and how's the result
@sunzbckk4 жыл бұрын
Kannan Manoj I backtested it on EU with a 2R target, got 52% wr over 100 trades, so did really well
@TheKannanmnj4 жыл бұрын
@@sunzbckk wow and sir wat was the time frame , thanks in advance
@lathajayakumar29044 жыл бұрын
@@sunzbckk sir time frame and stop loss pips plsssss
@epartsacc4 жыл бұрын
I am so thankful for this video. This guy literally saved us hours of testing.
@SlippinJimmy4Life4 жыл бұрын
Wow. This is the best trading education channel I’ve seen yet. Without even hint of hype, and free. Well played sir. I hope more find this.
@d.beaumont4 жыл бұрын
This is very good! Could you explain (show) in details how you make each trade? It would be very helpful for a beginner every single detail of one of your trade. Thank you!
@trieuhaivan4 жыл бұрын
i really appreciate your video. It is very helpful. I been wondering around trading for 2 years already. I tried a lot of indicator. Also I watched a lot video on youtube, but I couldn't figured a good way to trade for me. 2 days ago, I randomly found this video. I gave it a shot to see how it will work for me. So far I have won 6 and lost 3. When I save up good money. I will support you on patreon. Again I really appreciate your help a lot. P/s: I still watching this video again again and again to make sure I will learn every single thing from this video.
@ryanhodgson81644 жыл бұрын
You have no idea how much we appreciate this. Truly amazing videos on this channel. Will be binge watching the rest soon. Thanks again!
@dontaewilliams91614 жыл бұрын
could i get a copy of your backtesting spreadsheet? Would this work with micro e mini's futures? Will it work with renko bars instead of candlesticks? One of the best vids on trading btw, keep up the good work.
@Humhab4 жыл бұрын
Thanks for the video! Just saying honestly, this is the best trading video I have seen in my life! And I have been trading for 7 years! Empirical evidence is what we all need! Just the beautiful facts with 100 trades! Thanks again and I have subscribed! Following this video we can pretend we are Mr. Spock from Star Trek and play the profitable probability.
@CRAZYJONSO4 жыл бұрын
agree these vids are awesome
@gordonelgar71514 жыл бұрын
Hello Start mining Pi, the cryptocurrency will be launched this year, and once it does, you won't be able to mine anymore. You don't need graphics cards you only need your phone, which is cloud mining. It doesn't consume battery. It's on coinmarketcap in the untracked listing. On the marketplace, there are already transactions for a value of $100 approx and when you just download the app you mine at 0.25 pis/hour. Use my code as an invitation. Code: Chutsky Download the app Pi network. Pi is a relatively new cryptocurrency...isn’t it always better to get in early? Just push a button on the app once every 24-hours...and next thing you know you are mining Pi. Pi doesn’t have value, but hopefully, as more and more people join...it will be worth something. I mean, bitcoin started without value...now look at it.
@kamath89534 жыл бұрын
Are you a full time trader since 7 years?
@Darkshogun75844 жыл бұрын
4:38 buy setup: above 200EMA, MACD crossover, below zero line
@karlvonbrockdorff45464 жыл бұрын
Question - How do you decide what pair to use the strategy on? Is there some specific criteria you look for?
@allinduck86684 жыл бұрын
Thanks a lot I never had no strategies to use but yo channel helped me a lot. You the best.
@AchmadHendra4 жыл бұрын
This is what ive been thinking in my mind for awhile now. Any strategies can make money. We just need to get more than 50% winrate and good risk management and we will end up profitable.
@aprendeluegoinvierte32304 жыл бұрын
You can be profitable with a, for example, 30% winrate. What about if your winning trades have a 1:6 ratio? Are you sure you need that 51% winrate to be profitable? Think about it
@aprendeluegoinvierte32304 жыл бұрын
@Oka Dharma Putra What win-ratio target will you have? Also a 1-6? So... Are you sure trading the opposite you will got 70% winrate? It's not that simple.
@seoul_Jin5004 жыл бұрын
i made from 1,000 to 100,000 just by 3 trade. risking 10% of account. R to R ratio is 1:10 and win percentage is 30%.
@christopherrosa41634 жыл бұрын
Sungjin Hong can you explain further?
@AMBIENTETERNITY4 жыл бұрын
@@seoul_Jin500 why not risking 50 percent?)))
@workwithray25694 жыл бұрын
Wow literally the first things said in this video opened my eyes! I once watched a guy trade in his night kimono and all he ever tried to do was sell his indicator to the viewers.
@TcpIpNut4 жыл бұрын
Thanks for the great videos. I tested this tonight with real $ on the MES, 1:1.5 risk reward and went 6 for 6 in about 6 hours - 1 minute chart. Also used the RSI and MFI as confirmation to get in. Worked out nicely and I had time to make dinner and take breaks while I was waiting for the good entries to present again. Dig it, I do! Is this your most successful test to date?
@venomg63824 жыл бұрын
Can u explain further about your strategy?
@notjustanyuser4 жыл бұрын
Can you please explain a little
@Jabude4 жыл бұрын
The universe is really amazing. You are a gift.
@jewlenskyy59934 жыл бұрын
Use a 5m chart, add a RSI indicator trade only above 50, and use trend-lines. If trendline is broken, 50 rsi is crossed and the MACD crossover occurs above the 50MA game on
@rayb3000 Жыл бұрын
Doesnt work in real time because the next candle affects the x over. So you cannot be sure of a crossover until the next candle which makes you too late.
@bravo22874 жыл бұрын
What an easy, beginner strategy for someone like myself to learn how to trade. You just earned another subscriber.
@battleborntraders82064 жыл бұрын
hey i just wanted to say thank you. this strategy you went over is very valuable. more importantly you taught me about the combination of a trend and how to properly use the macd. I used to think mac d was not a valuable indicator but seems to be after learning and implementing it may be the most valuable indicator ever. lesson learned was: know what indicators are telling you, look into how they derive the data to display. thanks so much
@waynehornsby37962 жыл бұрын
Thanks! Can you try the MACD / Stochastic Strategy using 50 EMA instead of 200 EMA? Please
@TRADINGRUSH2 жыл бұрын
So with MACD(below/above zero line rule), we make sure the price has given a good discount/pullback. If we use a 50EMA instead of 200 EMA, the zero line rule MACD entry/pullback will go on the other side of the 50 EMA. If the price is below 50 EMA and there is a long crossover(and vice versa), the setup no longer fits the entry rules. In other words, using the 50EMA + MACD zero line rule won't give enough setups/opportunities. So it is better to use 200 EMA most of the time. On the other hand, I have tested 50EMA + MACD (no zero line rule) in the "Beep Boop Indicator" video. That indicator I made is based on MACD crossovers(no zero line rule) and uses 50 EMA to filter the trend. tradingrush.net/trscore/
@wynk70604 жыл бұрын
In addition to EMA 200 filter, I find that adding EMA 50/100 as filters are good too. for price to be below/above EMAs 50, 100 and 200 for sell/buy signal. And EMAs 50/100/200 have to be in sequence of top to bottom for buy and vice versa for sell. This seems to work well for filtering choppy zones.
@sunzbckk4 жыл бұрын
I do this too, using 200/100/50 and they have to be inline, good stuff
@wynk70604 жыл бұрын
@@sunzbckk same. I removed 20 as it seems to be overkill, although Win rate is better but way less trades. 50/100/200 way to go :)
@hussain-x4 жыл бұрын
I use 50/200 ema. Doesn't matter where price is. 50 above 200, only buy, vice versa.
@Handle36494 жыл бұрын
This guy is good unlike other youtube channel. He uses pure fact and testing probability.
@AMessengerofTruth4 жыл бұрын
i backtested as well. i ended with 68% win rate with 1:1.5 risk ratio. i also backtested with the macd buy signal when its above the zero line and got 64% win rate. so this just doubles your opportunities to trade but with the same win rate
@sunzbckk4 жыл бұрын
Thanks for sharing, which time frame did you use? Did you test 100?
@AMessengerofTruth4 жыл бұрын
@@sunzbckk i did 2hr aggregation and yes
@sunzbckk4 жыл бұрын
Melcheko cool man, I’m using this strategy on a funded account, maybe we can keep in touch on discord or something? I’m happy to show you my backtesting results on the m15?
@AMessengerofTruth4 жыл бұрын
@@sunzbckk yeah sure
@sunzbckk4 жыл бұрын
Melcheko comment once you’ve added me so I know
@AlexanderSuleymanovFX4 жыл бұрын
Set up for those who's MACD has only histogram and signal line MACD 9, 12, 26 EMA 200 Buy 1. Price is above MA200 2. MACD histogram crosses Signal Line up 3. Signal line is below ZL Sell 1. Price is below MA200 2. Signal Line crosses MACD down 3. Signal line is above ZL Money Management 1. Risk no more than 1% 2. Place stop loss few pips above/below near swing high/low 3. When price hits 1.5 of the stop loss, close the trade
@tom82554 жыл бұрын
can you explain what you mean by the "near swing high / low"? how do you identify this point?
@violent_bebop96874 жыл бұрын
Makes sense, like poker, you can't go all in on every hand. Take the difference in % win loss, be consistent.
@SpookySkeleton7384 жыл бұрын
I use this analogy all the time, Poker is effectively a game about risk management.
@awakeenlighten22985 ай бұрын
Great video! I agree most probably don't know their win rate, and even worse, most don't stick to their stop loss.
@lownoi4 жыл бұрын
How are you determining the stop loss level when backtesting this strategy?
@perox25404 жыл бұрын
I'm also wondering how he does it.
@ElxlAniMesssssss4 жыл бұрын
for what i understand your stop loss must below your profit target,if your profit target 150 your stop loss should around 100 or below..
@jseb40254 жыл бұрын
This is the only part he 'fudges'. He says "put the stop loss is below the pullback of the trend". Many times he just puts its below recent price action. Not a pull back.
@tobiasmerlo38554 жыл бұрын
@@ElxlAniMesssssss yeah I understood that too
@tobiasmerlo38554 жыл бұрын
What I don't understand is why put the first take profit if when the profit reaches 1 time the risk, you break even and move the take twice the risk so the first take profit is never reached
@elwoodpalmer7204 жыл бұрын
Clear and simple. This is the way it should be done. Facts and backtesting with indicators that everybody can have access to without paying $$$$$
@lupearredondo31124 жыл бұрын
This was the best non sugar coated straight to the fact video ever. Thank you very much. You really made my day.
@Galluxi2 жыл бұрын
I have an important question. When I'm trading on the 1 minute window in example, do I open the trade IMMEDIATELY after I see the lines cross (even if just for couple seconds) or do I wait for the entire minute pass to confirm that they crossed?
@manna-cx1hz Жыл бұрын
wait for candle close
@artusfantasia4 жыл бұрын
Fantastic video. Quick question: what timeframe did you use for backtesting? Is it the 30 minute like at the beginning of the video?
@WalidhappyAmri4 жыл бұрын
he said any timeframe
@gmcd4324 жыл бұрын
KZbin's best video and channel on trading
@batmunkhn66664 жыл бұрын
wow this channel is hidden gem
@timotius4 жыл бұрын
The most no BS trading channel I've ever seen on KZbin. Very straight forward and to the point. Thank you for uploading this. I'm subscribing!!
@AngryAsianVidz4 жыл бұрын
Awesome content! Been watching for awhile now and I have a comment/question... I am having some trouble understanding the correlation between the win $ amount calculation vs win rate % on the 1.5 to 1 ratio. In your backtesting, your 1.5 to 1 ratio is per trade, and since the 1 ratio is determined by the previous swing high/low, that is not a constant. Therefore the calculations you made on the 100 trades, just bc its 62% winrate or 50% winrate doesn't equate to profitability or loss. Two trades 1 to 1.5 could be $5 to $7.50 and be wins, but then the third 1 to 1.5 ratio trade could be $20 to $30 and was a loss. Net profit is -$5, but winrate is 66.66%. Can you elaborate on these calculations please, a little confused.
@zatnicatienth2 жыл бұрын
The percentage is 62%, regardless of possible profit. The position size could be correlated with the known price range and with a proper risk management mindset, a trader would simply recalculate to compensate. this means a loss will always be about 100$ and a win would be almost always be 150$.
@thearchive_49662 жыл бұрын
@@zatnicatienth Can you make an example how to calculate it?
@retropetroleum2 жыл бұрын
@@thearchive_4966 Just search for an online position size calculator.
@shubhampreetsingh8630 Жыл бұрын
@@thearchive_4966 Search for mt4 position size calculator for metatrader
@wolfgangdraxl7837 Жыл бұрын
A certain percentage of the deposit is always used to calculate the position size. And although trade size changes, the percentage stays the same.
@justindavis27114 жыл бұрын
Instantly subscribed. Thanks for not filling your video with wasted time and getting straight to the point
@andresvalencia39774 жыл бұрын
Does this work for scalping? As in the 1 to 5 minute time frame?
@donduck11764 жыл бұрын
Excellent. The best post on this tough profession out there! Many thanks.
@mattb89164 жыл бұрын
This is the 2nd time I've seen this video. You're doing an amazing service! I appreciate your efforts. You are truly helping traders that have been listening to trading experts convince them of never putting any indicator on their chart. I now get why they must do that. If their course is simply perfecting positions using indicators then they can't justify charging so much for their trading knowledge.
@hosseinnasiri2324 жыл бұрын
Please try this : -1min chart USDJPY -50EMA above 100EMA -price above the 50&100EMA -stochastic crossover in the oversold area =BUY [opposite setup for short positions] Tp:5pips Sl:5pips Break even when 2.5pips in profit
@FlyBoyVideo4 жыл бұрын
The strategy of how you set stop loss on this test was not mentioned and it's something that will have a serious effect on the outcome. What was the criteria for stop loss setting? Thanks for great work
@bnkiBirbz4 жыл бұрын
Find the previous swing low/high. For most trades that is where your stop loss will be set. Then your take profits will be at 1.5 times that. So if you SL is 15pips down then your take profits will be 22.5 pips up. I have been back testing and trading this for a week now. Rules for stop loss that I came up with were as follows. Max SL is 20 pips on the 15 minute chart. If there are not swing lows/highs at my intended intry point then I just set a SL at 10 pips. So far I have achieved 70% win rate on EUR/USD but it is only 52% on the EUR/GBP. AUD/USD was also around 70%. On the 4hr chart I had no pip max/min because I didnt really need one when back testing. Over the last year it was 100% on the AUD/USD. I will admit I could have missed some trades on the 4hr chart but I was fairly thorough. 4H chart I risked more though. I did 1:3 ratio with a 10% risk per trade because the trades presented about once a month.
@randomshiz40604 жыл бұрын
Yes, I have the same question. It's always going to be biased when you can see the chart ahead of where you're backtesting. You can see in the video he sets it different every time.
@bnkiBirbz4 жыл бұрын
@@randomshiz4060 I have changed my strat up a bit. So far a standard 20 pip SL on the majors seems to work just fine. 20 pip SL, 30 pip take profits. Im trying to develope a better strat but that one has a solid win rate.
@randomshiz40604 жыл бұрын
@@bnkiBirbz Thanks. My point is that he is setting it differently each time, and that will affect the win/loss ratio. It's not a clean test.
@bnkiBirbz4 жыл бұрын
@@randomshiz4060 He was following a rule based system. His decision to use the swing high/low does affect the win/loss ratio but that would still be accurate. If he sometimes when 2 pips above the swing and sometimes did 5 pips, that would be a bad test. But if he chose the sh/sl everytime then it would be as accurate as any of these back tests can be. The part that ruins the test is that he puts the trade directly on top of the cross over(I made the same mistake) so that is what makes it inaccurate.
@StanMoong4 жыл бұрын
Thanks for this video. Would you recommend to close the trade based on the indicator instead of using target profit?
@shaneyin71294 жыл бұрын
Loving your contributions to the trading community. Thanks! A suggestion . Can you please do a video on the MACD strategy on different timeframes to see which is most profitable.
@sergeantsoda4237 Жыл бұрын
After back-testing myself, I personally find that higher timeframes are more profitable and the strategy has a higher win rate however, can take significantly much more time to unfold as opposed to something like the hourly timeframe for example.
@gregs8736 Жыл бұрын
If you back test this yourself, you would learn this sooner than waiting for him to do it and post the results. Plus, you would have confidence in yourself in being able to do this rather than relying on someone else. At one point, he knew less than what you know right now, cause then he would have known nothing about trading! The only reason he is where he is now is because he put in the time and effort into learning. Your trading ideas and the chart results WILL teach you what you want to learn. All the best!
@SubhashSingh-jm7mr Жыл бұрын
Seriously, best consistent and disciplined strategy is this. Superb.......
@faustoscurzio12504 жыл бұрын
Just started trading live this strategy. First 4 trades, 4 losses... good start
@savedbybtc4 жыл бұрын
Yeah, don’t let the losses get to u, money management is key. Make more than those losses :)
@vegetaz15324 жыл бұрын
how is it going now? what are you trading on?
@faustoscurzio12504 жыл бұрын
@@vegetaz1532 I'm trading just forex.. I decided to take a break from trading. This strategy like any other indicator strategy is a 50/50. If you trade this blindly I think you're going to win even less than 50% of your trades (because of the spreads). It's not that easy. You need to spot the right market conditions as well
@jenniferstones32504 жыл бұрын
@@vegetaz1532 hey buddy! Let me help you get started okay?
@vegetaz15324 жыл бұрын
@@jenniferstones3250 ok
@geoffreyphillips9204 жыл бұрын
Hi, please check the EMA 6,13,23 used with the MACD. The 6 EMA is showing a leading indicator ahead of the MACD. It looks like a upside down Chineses hat.
@KiNG-tx9je4 жыл бұрын
I LOVE and appreciate what u do here more than I could ever explain
@Leutchik4 жыл бұрын
Good lesson! I've been a fan of MACD for years, but I've switched to Percentage Price Oscillator (PPO) which is really the same thing; only it's normalized from absolute dollar values to percentage values. I learned to love the histogram from Dr. Elder. The computer voice narration reminded me of some deadpan cartoon humor I used to watch way back around 2011. It is a KZbin channel called 'Xtranormal'. Some of these are still on KZbin. Great if you like droll and deadpan.
@drgknght9214 жыл бұрын
My MACD in FXCM doesn't have the 2 lines, how do i set it up to have the additional 2 lines in macd
Im relatively new and I'm risking 2.5% per trade but my capital is fairly small for trading and I really can't go to much lower
@moinhauke4 жыл бұрын
Maybe consider using a demo-account and safing up some more money.
@erichuang20094 жыл бұрын
Can pick some mini futures. If still risky, paper trading and save more money can be a good idea.
@prgsim4 жыл бұрын
Ninjatrader has a market replay feature. So u cab replay any trading day and trade as if it's you're trading in real-time. N yea paper trading is the way to go. Do it til you find a strategy that will consistently yield profits.
@akoito3654 жыл бұрын
Wow i been searching a Chart strategy and this channel is really the best of all.
@Ondraasha4 жыл бұрын
Finding the entry point is pretty straight forward, but how do you determine your stop loss and take profit levels, i.e. how big of a pip movement you should target, in order to correctly set the values for the 1.5 ratio? Update: Basically I think I got myself an answer, and if you are looking forward to making easy money, I am going to disappoint you. The way you correctly set the SL and TP levels is simply by experience and the ability to find other patterns in the market (this includes support and resistance levels, indication of trade volumes,...). Sure, you could experiment and probably get lucky, but the MACD indicator combined with the EMA, while being a great starting point to filter out trades which don't make sense at all, are pretty much just one of the tools to make experienced traders trade with even less risk. Good luck to you all. And remember, trend is your friend!
@TheKannanmnj4 жыл бұрын
I was thinking the same .
@luongbachnguyen1554 жыл бұрын
Use the ATR indicator, I use a "double-ATR stop loss" method then you can set TP accordingly to that.
@Ondraasha4 жыл бұрын
@@TheKannanmnj I have updated my original comment with a finding of mine, and a most probable answer to my question.
@Ondraasha4 жыл бұрын
@@luongbachnguyen155 Thank you for the tip, mate.
@MrSOE5734 жыл бұрын
I watched this video two weeks ago and combining this with the VWAP and what I currently use for trading has been a game changer. This has been in front of my eyes for two years and you explaining it made it so much clearer. In the last 1.5 weeks I have only lost two trades and they were the result of stop hunts. I’m trading NAS100 on the 3m TF and scalping/day trading the market. Yesterday alone I got 6 alerts and all 6 won. Some more than others. But this strategy combined with what I was doing before is a game changer. Thank you.
@wasimraaja51744 жыл бұрын
Can you explain a bit more please ?
@MrSOE5734 жыл бұрын
Free Football Bets I have combined the strategy he teaches using the MACD and VWAP to my own personal strategy that I have used. The teachings in his videos have just enhanced what I was doing previously and help me take higher quality set ups.
@wasimraaja51744 жыл бұрын
Can i know your stratergy mate ? sounds interesting!
@Agresivul Жыл бұрын
If you're reading this in 2023... I've tried this strat over hundreds of forex trades across multiple pairs and can't get it above 40% winrate on 1:1.5 risk/reward. That means I only just break even. But once you factor in commission costs, slippage and human error you end up at a loss. You have been warned...
@holmar19889 ай бұрын
Yes, I can confirm this in 2024, I programmed this strategy into a bot to run it on many currencies and a lot more than 100 trades, and this strategy DOES NOT WORK IT WILL LOOSE YOUR MONEY.
@Dilophi9 ай бұрын
@@holmar1988 Are you talking about MT4? Do you still have that code? If yes, could you send the code to fileportDOTio please? I'm a beginner in MQL4 and having a MACD based code as a template would be really cool. In case you did upload the code and send me the upload link and i don't even thank you for it, it's because youtube shadowbanning comments that has links in it. Notice how i wrote "fileportDOTio" (I replaced "." with "DOT" to be not recognized as a link) Or you could simply paste the code directly here as a comment. But again, if i dont react, it means it got blocked. Only you can see your own comment but others don't (shadowbanning).
@gomesdiogo8 ай бұрын
@@holmar1988 use a negative risk to reward and tell me what you find, 1:0,5 or 1:0.33 risk-reward
@dweyandt017 ай бұрын
Exactly, this strategy is horrible. I found reversing the buy signals works much better. Dillon Grech has this strategy reversed and gets pretty decent results.
@AsiaStreet3659 ай бұрын
Great strategy which I use regularly. You could also add this rule below as I found there are many days with no trades trading Crude Oil. 30min chart. Take a short back to the mean when price is above the 200ema. When the MACD is above the zero line however producing a short signal, take the trade back to the mean. Take a Long back to the mean when price is below the 200ema. When the MACD is below the zero line however producing a long signal, take the trade back to the mean.
@MrKidkod4 жыл бұрын
This is the best trading channel on youtube. Thanks
@aswathns4 жыл бұрын
Great content. Thank you. Would be nice if you could do similar back testing with different indicator combinations like 2 or 3 indicators.
@dhul_qarnyan4 жыл бұрын
This is the best trading video I have ever seen. I have wasted so much time on strategies and trying to use trend lines, but not anymore. Thanks so much. I feel more confident and relaxed trading now
@sweatergod47554 жыл бұрын
Yes trendlines are so unpreditctable, follow the NNFX way 🙌
@TeFLoNMD114 жыл бұрын
Rush, I've been trading for 15 years. When I look at the strategy and employ it real time MACD rarely pulls back to the other side of the zero line on nice trend pullbacks thus negating your entry. Any ideas on this?
@joaomacedo8558 Жыл бұрын
lol how did he get the 100 trades for the backtest then?
@predonnealibaba3 жыл бұрын
Thank you! To be honest I don’t like to subscribe fast... but I did on this channel, this guy deserves it 100%
@anthonyrusso24754 жыл бұрын
This is really good stuff what parameters do you recommend for the Macd
@mcrtrader74 Жыл бұрын
This channel is excellent - all education and highly useful / implementable strategies - no selling or nonsense. Absolutely brilliant and I hope the creator is making loads of money from it.
@tomtownsend42104 жыл бұрын
Great videos! I still can't figure out how I would download this app to my computer so I could test it on my trades. Seems like an android only app and I don't know how I would integrate that with chart trading. Any help?
@dritanvarfi527428 күн бұрын
Nice approach. Congrats! I appreciate your genuineness. Will be a regular follower for sure.
@BookOfMorman4 жыл бұрын
Damn is this really the first video!? Keep it up I'm lovin' what I'm seein'.
@amriksingh50034 жыл бұрын
Beautiful. This is one of the few you tuber I found genuine. Subscribed and gave two likes. One on TV and one on phone. He deserves this.
@tashveert90124 жыл бұрын
Can this strategy be used to mt4’s standard macd? I mean the one with the one line and the signal line
@mmmdazzagoodmemeayzzz72644 жыл бұрын
Tashveer t good question
@nizarzinat66034 жыл бұрын
Just use Tradingview already ...
@seyedalimousavi15294 жыл бұрын
Download the custom indicator. Search macd with 2 lines
@josejair314 жыл бұрын
the regular Macd is the same with this one. just focus the 2 MA is = histogram and the signal in regular macd.
@raisakiman4 жыл бұрын
wow! as a beginner, I started using MACD & MA to predict trend, now stumbled across your channel, it verifies the strategy validity. thanks for doing this video!
@michaelkay43264 жыл бұрын
First video I've watched that actually has meaningful information. Thankyou
@shallowtito29024 жыл бұрын
I honestly have so much RESPECT for you & your videos. Very informative, straight forward & the animation is also great & easy to understand. PLEASE don’t ever change lol
@Gibbynotaguitar4 жыл бұрын
Thank you for giving back to the public. Straight data and honesty. This guy’s the actual Robin Hood, and money management lessons will build the middle class in dark months to come. Appreciate the fishing lesson.
@PrinceKumar-xc6lf4 жыл бұрын
What leverage you used please reply
@seanburrows854 жыл бұрын
Love the video Trading Rush! Since the set ups don't happen that often as you mentioned in the video, has anyone successfully set up an alert indicator so you don't have to sit in front of the screen all day? any feedback would be awesome.
@kendrewilliams39494 жыл бұрын
tradingview has alerts you can set up
@el-sig22494 жыл бұрын
This vid is a great eye opener! The real time recorded back test with the high speed run is an excellent way to communicate much info in a short time. Thanks for this wonderful presentation!
@roremheeghietsemhe58264 жыл бұрын
Thanks for sharing... You just increase my confidence level... You are blessed.
@u.inverse4 жыл бұрын
Wonder what the loss rate would have been if atr was used for SL