If it's positive in 7 years of price data, that's actually good. What you want now is more frequency added. Perhaps we can increase frequency by going lower time frames and trading other pairs. Of course, not sure if it's profitable in lower time frame
Yes you are correct it’s terrible. And it doesn’t surprise me with his alleged ‘near 100% win rate’. If that’s true then, with this system the past 9 trade profits likely get wiped on a single loss. With a near 100% win rate I’m actually surprised he managed to generate profit at all. Everything about this video is suspect.
👍Thanks. Yes, too much fiddlefarting and piddlesquinting and issues-nagging with this set of indicators. Prefer some of your other strats. Btw, thanks for testing on multiple assets over a longish time.👍
I think you got it wrong. The baseline as far as I know is not used for signals neither confirmation. Its purpose is solely indicate the direction of the operation. Doesn't matter if the baseline gives an entry signal.
Hi TradeIQ Love your videos brother. Can you please test the Nadaraya-Watson Envelope indicator by lux algo. This indicator as I understand seems to trade off of reversals. However, I tested many signals on many crypto pairs and they seem to be accurate. Would love your thoughts on it... I used a 1:1.5 risk reward ratio and put the stoploss at the arrow that appears. I wait for the next green candle after the long signal and then I place the trade on the next candle at the close of the candle. Vice versa for short signals.
In the first trade you gained 6.7 pound from 10 pound investment or your gained pourcentage on the chart is 0.96%, can you please explain me that ? as I understand your entry was 20 pound and you exit the half with 1:1R. thank you !
He is using TradingView. Values for indicators at 1:38. Absolute Strength Histogram: Mode RSI, Length period 6, Smoothing period 3, ModeMA SMA. Chaikin Volatility: 10 for length (period), 12 for ROC length (period), with EMA smoothing type. Ichimoku Cloud: Kijun Sen 21, Senkou Span B 52
Lux Algo's indicators often REPAINT so be careful... I do like SuperIchi, but you need to play around with the baseline settings for your security being traded.
Thank you, a very interesting video. It would make more sense if you could also translate the whole thing from English into various languages in the settings.
why would i make 55% after 7 years of trading, that's very long time even with big account size man, this isn't something i can rely on i guess for a full-time trading or even as an extra source of income.
The only consistent profitable strategy is trading with the 20 SMA/SMMA/EMA whatever your preference is, break and retest for entries. R:R is per your money management. Everything else is just chart noodle soup.
For crypto my own strategy = 1Hour with Normalized MACD and SSL Hybrid only the Base_Line1. Long when the Normalized MACD crosses up (The histogram in the macd turns negative to positive is the trigger candle) and is above the ssl hybrid and the color is blue. Short the vice versa. Amazing results in crypto. You can even long if the macd lines are above 0, but reduce the R:R to 1:1.5 or if the lines are really up there, 1.1 R:R. If the lines are bellow the 0 line, 1:2. Thank me later.
Great video, well done for giving props to another creator VPs content is great for anyone interested in algo trading
Did I get this right, it took 7 years to increase the account size by 55.60% ???? If so that is a terrible result!
Not if you trade multiple currency pairs at the same time
@@mountaindewaddicted6101 What do you mean?
If it's positive in 7 years of price data, that's actually good. What you want now is more frequency added. Perhaps we can increase frequency by going lower time frames and trading other pairs. Of course, not sure if it's profitable in lower time frame
Yes you are correct it’s terrible. And it doesn’t surprise me with his alleged ‘near 100% win rate’. If that’s true then, with this system the past 9 trade profits likely get wiped on a single loss. With a near 100% win rate I’m actually surprised he managed to generate profit at all. Everything about this video is suspect.
Win rate was 66 %. The near 100 % in the title is just to attract viewers.
I'm vp fan aswell, thanks for videos and hard work.
Would be really cool if you built a full no nonsense algorithm
I have built a complete no nonsense trading system using different unknown indicators. I keep winning 80% to 90% each week.
@@anybookish4645 how ?
They sell one on the mt4 market
@@mattd4272 do you happen to know what it is called? Thanks
@@anybookish4645 Do you mind sharing the exact no-nonsense strategy?
👍Thanks. Yes, too much fiddlefarting and piddlesquinting and issues-nagging with this set of indicators. Prefer some of your other strats. Btw, thanks for testing on multiple assets over a longish time.👍
Great video. Glad you liked the ASH!
I think you got it wrong. The baseline as far as I know is not used for signals neither confirmation. Its purpose is solely indicate the direction of the operation. Doesn't matter if the baseline gives an entry signal.
Hi TradeIQ
Love your videos brother.
Can you please test the Nadaraya-Watson Envelope indicator by lux algo. This indicator as I understand seems to trade off of reversals. However, I tested many signals on many crypto pairs and they seem to be accurate. Would love your thoughts on it...
I used a 1:1.5 risk reward ratio and put the stoploss at the arrow that appears. I wait for the next green candle after the long signal and then I place the trade on the next candle at the close of the candle. Vice versa for short signals.
Would also be happy to see this indicator on this channel😁
In the first trade you gained 6.7 pound from 10 pound investment or your gained pourcentage on the chart is 0.96%, can you please explain me that ? as I understand your entry was 20 pound and you exit the half with 1:1R. thank you !
What is the win rate of this strategy?
Whats the platform youre using and the values you have on your indicators?
He is using TradingView. Values for indicators at 1:38.
Absolute Strength Histogram: Mode RSI, Length period 6, Smoothing period 3, ModeMA SMA.
Chaikin Volatility: 10 for length (period), 12 for ROC length (period), with EMA smoothing type.
Ichimoku Cloud: Kijun Sen 21, Senkou Span B 52
what is the input for the chaikin volatility???
10 for length (period), 12 for ROC length (period), with EMA smoothing type
where can I get those 4 or 6 indicators sir?
search for MT4 Indicators on google. Realy easy
Great content! Can this indicators be used on crypto as well? Does it needs some adjustments?
Some people on VPs podcast say they use his ideas on crypto but personally I would stick to forex
Good day sir.i have a qusstion what is the best of two algorithim?ez algo or lux algo?thanks you so much.
Lux Algo's indicators often REPAINT so be careful... I do like SuperIchi, but you need to play around with the baseline settings for your security being traded.
Your strategies can easily be automated, can you also make EAs for your strategies? Then you will not have to backtest them manually.
Awesome video
i sadly cant have more than 3 indicators :(
But how many tabs can you make?
Think about it. You could have three indicators each tab. For one currency or crypto.
@@davonthemoon You silver tongued devil you
@@davonthemoon Damn... thats true. Thank you for the info
Nice video, but doesn't the baseline signal a potential trade & the confirmation indicator....confirms?
Could you do a basic RSI divergence testing?
bro.. thank you!
click bait 100% winning??????????
Thank you, a very interesting video.
It would make more sense if you could also translate the whole thing from English into various languages in the settings.
TH-cam auto does that I hope lol
Thank you Jesus
why would i make 55% after 7 years of trading, that's very long time even with big account size man, this isn't something i can rely on i guess for a full-time trading or even as an extra source of income.
can you try profit maximizer ?
Hermann Road
Nader Turnpike
Buckridge Camp
Thanks
Simonis Greens
Carmine Fall
Spinka Fords
Reilly Burgs
Beahan Valleys
Herzog Heights
👍👍
first
Huge fan but you are not subscribed 😂😂😂
Subscribed from my personal channel:)
The only consistent profitable strategy is trading with the 20 SMA/SMMA/EMA whatever your preference is, break and retest for entries. R:R is per your money management. Everything else is just chart noodle soup.
Yep right, i use cross of the 21 ema with 9 ema
Volume oscillator too.
@@rootpt m2 21 9 going strong
@Emanuel @@Avareler1442 which time frames guys? and what R:R strategy? Thanks
For crypto my own strategy = 1Hour with Normalized MACD and SSL Hybrid only the Base_Line1.
Long when the Normalized MACD crosses up (The histogram in the macd turns negative to positive is the trigger candle) and is above the ssl hybrid and the color is blue.
Short the vice versa.
Amazing results in crypto.
You can even long if the macd lines are above 0, but reduce the R:R to 1:1.5 or if the lines are really up there, 1.1 R:R. If the lines are bellow the 0 line, 1:2.
Thank me later.
@@rootpt can you mention settings as well..? for the indicators...seems to be legit strategy but i'm confused with settings, please help
convoluted nonsense
Check out the "profiting forex channe"l and test out a few of his strategies