The Juggernaut! A VERY accurate trading strategy

Created at 27 Jan 2016, 11:06
How’s your experience with the cTrader Platform?
Your feedback is crucial to cTrader's development. Please take a few seconds to share your opinion and help us improve your trading experience. Thanks!
medianitto's avatar

medianitto

Joined 26.01.2016

The Juggernaut! A VERY accurate trading strategy
27 Jan 2016, 11:06


Hello,

My name is Median, and i'd like to share my strategy with everyone..

I have aquired a lot of insights because of publicly available knowledge and never had to pay for a course or an indicator.. and therefore i feel obliged to contribute back to the trading community who made me the trader i am today.

By no mean do i claim this to be a holy grail or an all time success.. but at least it works for me.. and MAYBE it will work for some of you..

The other reason for sharing my strategy is that it is not perfect.. and sharing it will put it up for criticism.. and this is exactly what i am looking for.. "constructive" criticism that can further improve the strategy..

So.. Let's begin :)

First: This is how our setups looked like yesterday :)

Awesome .. right? let's move on..

 

Second: Credits.. A big thank you to Spotware for an awesome platform.. and to the creators of the following indicators: Fractals, Fisher Transformation, Center of Gravity and Candlestick tendency.

------------

Third: The Setup:

-----------------------------

Timing and Pairs:

I have used this strategy ONLY on GBP/USD.. you may try it on other pairs but this is how i do it.

It is crucial to trade this strategy only between 6am and 5pm GMT.. i NEVER take chances even if i see setups outside this timing. This is due to relative volatility on this specific pair.

-----------------------------

Requirements:

1- Fisher Transformation, link /algos/show/12

- Period 7-8, if it disappears try shifting periods between 7-8.

2- Center of Gravity Oscillator, link /algos/show/13

- Period to match Fisher Trans at all times.

3-  2x Candlestick tendency, link /algos/show/648

Timeframe M15 and M30 

4- Fractals, link /algos/show/142

- Set to 16 Bars

-----------------------------

When to BUY: 

- Fisher Transformation: Trigger Line is ABOVE Fisher line.

- Center of Gravity: LAG line is ABOVE CoG line.

- Candlestick M15 is ALL BUY.

- Candlestick M30 is ALL BUY.

- Distance from bar close to last fractal is more than 10 pips! 

When to SELL: 

- Fisher Transformation: Trigger Line is BELOW Fisher line.

- Center of Gravity: LAG line is BELOW CoG line.

- Candlestick M15 is ALL SELL.

- Candlestick M30 is ALL SELL.

- Distance from bar close to last fractal is more than 10 pips! 

Trade Parameters:

Size: Depends on your MM strategy. 

StopLoss is always at the nearest fractal.

TakeProfit is at the same distance as SL.

However; I find it is usually better to define a TP1 and TP2.. where TP2 is Double the distance of SL.

Check the image above and let's discuss this further..

 

Happy Pippin everyone ;)

 


@medianitto
Replies

medianitto
27 Jan 2016, 12:14

Happening now :)


@medianitto

medianitto
27 Jan 2016, 12:14

Happening now :)


@medianitto

medianitto
27 Jan 2016, 13:25

TP1 Hit :)

Moved to  breakeven + 3 pips!


@medianitto

medianitto
27 Jan 2016, 15:15

RE:

medianitto said:

TP1 Hit :)

Moved to  breakeven + 3 pips!

BE Hit :(

 

Next trade is a different story.. happening right now :)

Trade one was closed with TP1 + BE

Trade two hit TP1 and waiting for TP2 or BE


@medianitto

medianitto
27 Jan 2016, 17:52

Trade two closed at BE.

Trade three and last for the day is below:

Added after hitting TP1 a trailing stop = Half TP1 + 3 pips..  

The result is TP1 was hit at 24 pips.. Trailing stop was hit at 85 Pips

163 pips for 3 positions and 7 hours of trading.. not too bad :)


@medianitto

ColossusFX
04 Feb 2016, 12:32

When to BUY: 

- Fisher Transformation: Trigger Line is BELOW Fisher line.  <<<<<<<<<

- Center of Gravity: LAG line is BELOW CoG line. <<<<<<<<

- Candlestick M15 is ALL BUY.

- Candlestick M30 is ALL BUY.

- Distance from bar close to last fractal is more than 10 pips! 

When to SELL: 

- Fisher Transformation: Trigger Line is ABOVEFisher line. <<<<<<<<<

- Center of Gravity: LAG line is ABOVECoG line. <<<<<<<<<

- Candlestick M15 is ALL SELL.

- Candlestick M30 is ALL SELL.

- Distance from bar close to last fractal is more than 10 pips! 

Think you have the LAG / COG and TRIGGER / FISCHER entries round the wrong way???

I have made this into a cBot, on 1m bar backtest its great, but on tick data test it consistently loses... :(


@ColossusFX

croucrou
14 Mar 2016, 21:49

Yes, aren't your entries mistaken?

Are you still happy with the strategy?


@croucrou