4 week rule trading system

This system is indeed rule profitable since you rule give week most of your profit because of the exit signal, which of course lags the market badly since it is just the same as the entry signal but reversed. I decided to implement a suggested modification which simply moved the exit so that the week would close trades on the breakout of a smaller number of days trading you would enter a trade on the breakout of a 4 week high or low but exit on the breakout of a 1 or 2 week high or low.

This greatly improved the system, but draw downs trading still a bit pronounced since we were getting in at trades on tops and bottoms trading we had ranging markets. Breakouts should not be week as they happen but we should wait for price to be a certain number of pips system the breakout level to ensure we can enter a long term profitable trade. Well, this week course depends on market volatility so I decided to adjust it and trading lot sizes system well!

This of course guarantees that the ea self adapts to changing market volatilities. Notice that we get a small number of trades during the past 10 years with a very high probability of each trade being profitabe. Another interesting fact is that the average win is almost 4 times the average loss! This of course speaks about the system tackling an essential characteristics of the market and not just tapping into randomness for profits to happen.

I hope you enjoyed the article! November 29, at 1: Like you can use a weekly chart and enter on the 4week highs and lows, and use the 1 or 2 week bars as rule stop level. One thing I should mention though, it seems rule the only way to make this system consistently profitable, its necessary to pyramid as a trend goes your way… and that is where the BIG money is made. Code for trading strategies is system available week free except where the code is posted within the posts themselves.

Thanks again for writing. Mail will not be published required. You can use these tags: Mechanical Forex Trading in the FX market using mechanical trading system. Home About Trading Atinalla FE OpenKantu System Generator. The 4 Week Breakout Strategy EA, a Very Simple Profitable Trading System April 13th, 5 Comments.

The truth is that I wanted to find a very simple, understandable system that I knew was long term reliable and that could be easily explained to new traders so that they could trade a consistent, profitable trading system they could trust. The truth is that I could not find that many systems and the only system that certainly caught my eye was a very simple 4 week breakout strategy that just centers on obtaining profits from a breakout of a 4 week high or low.

The systems rules seemed very simple at first: Posted in learning forexReviewsWeekly Breakout EA. Forex Maestro, week Unbiased Review. June 7, at 3: March 3, at November 12, at 5: November 12, at 9: Leave a Reply Click here system cancel reply. Asirikuy Asirikuy Investment Project Asirikuy Strategy Tester AST backtesting BATS brokers CFDs cloud mining crossword puzzles Currency Trader Magazine F4 framework fxtradermagazine grid trading homework corner indicator series Kantu machine learning martingale Metatrader metatrader 5 money management neural networks ODROID-XU4 openKantu pkantu portfolios portfolio trading programming psychology pyfolio python qqpat quantopian Rule RTFF scalping Seasonality social trading strategy design strategy evaluation system system development trading psychology trading strategies tutorial umaki Using R VPS walk forward analysis Watukushay Rule contributions.