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@  MTH2014 : (16 October 2017 - 03:47 PM) @traderpusa :D
@  traderpusa : (16 October 2017 - 03:45 PM) Same here. But need to go back before wife kills me lol. I am demoing a variant of your psar now. Doing ok so far. In stead of jumping on switch high/low waiting for psar separation for established reversal or trend. Looks interesting
@  MTH2014 : (16 October 2017 - 03:34 PM) @traderpusa Hi Brother Yes, actually early wake up, after long happy sleep..lol
@  traderpusa : (16 October 2017 - 03:20 PM) Lol. Mth still awake
@  MTH2014 : (16 October 2017 - 03:04 PM) @xplus ok wait
@  xplus : (16 October 2017 - 02:54 PM) Uncle, I left you message sir, pls check.
@  MTH2014 : (16 October 2017 - 02:20 PM) @xplus Hi Brother.. I'm fine thank you...
@  xplus : (16 October 2017 - 02:19 PM) @mth2014 How are you doing sir?
@  xplus : (16 October 2017 - 02:19 PM) Uncle MTH2014, where have you be since all this while?
@  xplus : (16 October 2017 - 02:18 PM) Hello good people
@  MTH2014 : (16 October 2017 - 02:05 PM) @Singh Everything Good.. , Happy as always..
@  Singh : (16 October 2017 - 02:00 PM) Anyways , hows everything uncle.
@  Singh : (16 October 2017 - 02:00 PM) @MTH2014 Yeah Tripack can help you for sure. Someone is asking me a strategy for spot in pm and I wanted to tell him to go to your thread but nope cant do it now
@  MTH2014 : (16 October 2017 - 01:59 PM) maybe later I could ask @Tripack, but that hundreds pictures..lol
@  MTH2014 : (16 October 2017 - 01:58 PM) @Singh I'm fine Thank You, and the problem with my threads in this forum, I can't update old posts..lol
@  Singh : (16 October 2017 - 01:56 PM) Update those if you can please
@  Singh : (16 October 2017 - 01:55 PM) hate it hate it
@  Singh : (16 October 2017 - 01:55 PM) @MTH2014 Uncle stop using photobucket. I hate that all your content is gone in forex indicators discussions
@  Singh : (16 October 2017 - 01:53 PM) @MTH2014 Hello Uncle , how are you?
@  MTH2014 : (16 October 2017 - 01:52 PM) @Singh Hi Brother..

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Binary TRX 50 Minute Strategy


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#1 David

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Posted 09 June 2013 - 02:08 PM

*
POPULAR

Author: David

Indicators Used: Launcher TRX Indicator

Best Used During: Ranging Markets / Away From News

 

Call Opportunity :

  1. If at the :50 minute mark price is under the TRX line, call for the next :30 minute expiry.

 

Put Opportunity

  1. If at the :50 minute mark price is over the TRX line, put for the next :30 minute expiry.

 

Please note: The expiry will always be 40 minutes away.  For example: if at 3:50 the trade happens, your expiry time would be 4:30.

 

Attached File  trx-examples.png   138.1KB   1169 downloads

 

Indicator File

 

Attached File  Launcher TRX Final.ex4   4.27KB   5707 downloads


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#2 mikerbiker6

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Posted 24 June 2013 - 11:38 AM

this indicator also gives alerts, 

then you should confirm with 'directional'?

that is not mentioned before.

https://docs.google....dit?usp=sharing



#3 swede

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Posted 08 July 2013 - 01:22 PM

For those who tire of sitting in front of their computor all day, this method is the solution, without a doubt.   Or, for those who only want one or two premium trades to make their target for the day, this is the perfect set up.

 

Because I get bored easily, one night I decided to open the euro chart , using the 5 min set up as David presented above, and back test for one  month....not all sessions, mainly the London/NY overlap, and a few early Aisian set ups, avoiding news release time periods by at least 1/2 hour..  I was blown away with the results.  9 out of 10 where ITM....very few where questionable ITM, depending on where you entered etc.  Very impressive results imho.

 

So, look at this morning euro....we had a long at 7:50..easy ITM , short Aud at 10:50 easy ITM   short Cad at 11:50 and ITM....a short euro at 12:50 easy ITM, short gbp at 12:50 easy ITM.   and  all of this checking in for a few minutes every hour...  the only OTM was a poor entry on gbp at 10:50 and at the last few seconds bit me..lol..moving quickly ITM a minute or so later...  

 

I would have posted a few charts but for some reason cannot do so....as im getting "upload not allowed" message..

 

Anyway, good set up David...thanks for posting it.


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"One of the best things you can do in life is surround yourself with people who are better than you are".....Warren Buffett


#4 Tripack

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Posted 08 July 2013 - 05:17 PM

Not bad indeed.
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#5 swede

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Posted 08 July 2013 - 08:04 PM

I like pitbulls...but your new avatar is scary.... lol


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"One of the best things you can do in life is surround yourself with people who are better than you are".....Warren Buffett


#6 marijan993

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Posted 09 July 2013 - 02:41 AM

I like pitbulls...but your new avatar is scary.... lol

 

yeah... where's that cute pup from BOD? :D


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#7 dexters

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Posted 23 July 2013 - 06:15 AM

Backtested on multiple pairs, agree with Swede, great success rate!

 

But I am always hesitant towards things like this when I dont understand the inner workings of the strategy.

 

Why is it that trades are only to be taken at :50?



#8 Francisco78

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Posted 23 July 2013 - 12:05 PM

WOW !!  I tested this strategy and it works great!!!

 

 

I guess the :50  is the 10 minute before to take the trade, some brokers let  you choose in the 10 minute time before you decide to take the trade or not.

 

what you all think?

 

:)



#9 Francisco78

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Posted 23 July 2013 - 12:06 PM

yeah... where's that cute pup from BOD? :D

 

LOL I remeber that cute pitbull pic...  :) 



#10 Brent

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Posted 23 July 2013 - 06:38 PM

Do any of you have the files ex4 and the MQL4 file for this indicator? For whatever reason I can't get the above file David posted to work in my MT4.

 

Thanks

 

Never mind guys I got it.


Edited by Brent, 23 July 2013 - 06:52 PM.

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#11 swede

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Posted 23 July 2013 - 09:45 PM

marijan993....your avatar kinda makes me want to protect myself also...lol  hahahhhaa    (only joking)


"One of the best things you can do in life is surround yourself with people who are better than you are".....Warren Buffett


#12 marijan993

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Posted 24 July 2013 - 02:32 AM

marijan993....your avatar kinda makes me want to protect myself also...lol  hahahhhaa    (only joking)

LOL :D



#13 souza

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Posted 24 July 2013 - 08:33 AM

13:08 24/07/13 10.00000000 $ EUR/USD 30177451 1.32129 Call ▲ 13:30 24/07/13 1.32158 18.00 $ won

11:55 24/07/13 10.00000000 $ EUR/USD 30176630 1.32428 Put ▼ 12:30 24/07/13 1.32334 18.00 $ won

 

:)



#14 Francisco78

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Posted 24 July 2013 - 11:33 AM

13:08 24/07/13 10.00000000 $ EUR/USD 30177451 1.32129 Call ▲ 13:30 24/07/13 1.32158 18.00 $ won

11:55 24/07/13 10.00000000 $ EUR/USD 30176630 1.32428 Put ▼ 12:30 24/07/13 1.32334 18.00 $ won

 

:)

 

great Souza !

 

did u use the system? 



#15 souza

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Posted 24 July 2013 - 01:34 PM

18:13 24/07/13 10.00000000 $ EUR/USD 30180505 1.31865 Call ▲ 18:30 24/07/13 1.31942 18.00 $ won

16:51 24/07/13 10.00000000 $ EUR/USD 30179810 1.32085 Call ▲ 17:30 24/07/13 1.31865 0.50 $ lost

13:08 24/07/13 10.00000000 $ EUR/USD 30177451 1.32129 Call ▲ 13:30 24/07/13 1.32158 18.00 $ won

11:55 24/07/13 10.00000000 $ EUR/USD 30176630 1.32428 Put ▼ 12:30 24/07/13 1.32334 18.00 $ won

 

 

 

great Souza !

 

did u use the system? 

a litle late, but yes


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#16 arafad

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Posted 24 July 2013 - 04:17 PM

Do we have to observe any rules before placing a trade using this strategy?

#17 Brent

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Posted 24 July 2013 - 04:41 PM

Do we have to observe any rules before placing a trade using this strategy?

I was wondering the same thing. Are you guys taking the trade right AT the :50 mark when the previous candle closes or after the :50 candle closes at :55 or anytime in between?

 

Also based on David's screenshot 5m candles is what makes this strategy work? Can any other time frames be used?



#18 dexters

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Posted 24 July 2013 - 04:51 PM

Strategy gets killed when there is even a hint of a trend.

 

It does work well in ranging markets but with trends, if the :50 candle is outside the trx indicator, price will just continue to go up/down



#19 Brent

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Posted 24 July 2013 - 07:30 PM

Strategy gets killed when there is even a hint of a trend.

 

It does work well in ranging markets but with trends, if the :50 candle is outside the trx indicator, price will just continue to go up/down

I noticed the same thing today.



#20 Francisco78

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Posted 25 July 2013 - 01:41 PM

yes, the strategy only works  when there's no trend.

 

I only trade in range  or sideways markets and it's  100% profitable.

 

do not trade this strategy when the markets open, you 'll get crushed  <_< 

 

continue demo trading it until you get the hang of this sytem , but it works at the 5 min. time frame with 30 min. expiry only .  :rolleyes: 


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