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WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 9:26 am
by photize
Hi TRO
Another great video series using your tried and tested methods!
could you please post any relevant links, rules and indicators used.
Maybe the template etc
Many thanks
Pho
It Starts here
https://www.youtube.com/watch?v=YnHFa7COwXw

Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 9:41 am
by photize
Well Just checking after going through my indicators and downloads it seems all the indicators are in the TROBLD1000.zip which is a free gift to those who Donate , It contains 321 of Tro's finest not including individual YEARS developments. Enjoy

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Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 10:31 am
by Madzi
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Trade #1, Buy @2875 on pending order, In at 28751 TP hit @28910, 15.9 pips
Trade #2, Buy @2990 on pending order, In @29006 TP hit @29105, 9.9 pips

Gross: 25.8
Commission: 2 trades @.7 per = 1.4 pips
Net: 24.4 pips

Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 12:50 pm
by photize
Thanks Madzi
Happy pips , nice rule based system with statistics backing up. :-)

Just a Note Guys check your server time to have the correct candles etc
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Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 3:45 pm
by photize
Well here is my version not complete but has the last 5 candle H1 atr etc, Hi-LO open D1 and pivot (HL5) . Notice the spread 0.1 , the Gray Zone is the 8 hour trading zone (10-1800 for me ), currently showing M15 over H1
Enjoy its pips time :-) (please ignore the Pair I was just setting up )

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right click open in window for full size


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Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 5:08 pm
by eFeX
Hello Guys, i have question on screenshot. Maybe someone could answer me, because i'm not sure are we take max 2 trades (one buy and one sell) within 1 hour candle ore we can take more?

Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 5:38 pm
by Madzi
eFeX wrote:Hello Guys, i have question on screenshot. Maybe someone could answer me, because i'm not sure are we take max 2 trades (one buy and one sell) within 1 hour candle ore we can take more?


What TF are these candles, cant tell by what you posted....

Generally I only want to take 1 trade per hour, but if it goes against me, then I may take a second trade or even a third if it makes sense. It all comes down to trading what you see and relying on statistics: how big is the range is for that hour, how big the range is for the day. Does it work every time, absolutely not. And sometimes you need adjust to what the market is giving. I generally like to set a TP at 10 pips, but if you look at the 1600 candle you can see that you could've taken 5 pips several times, been stopped out at least once for 7 pips and easily taken 15 pips. BUT, you need to watching what the market is doing as you trade the rules (BTW, I do not trade this hour, I just see a whole lot less range in the H1 candle at that time.)

Hope that helps, but I can't make judgement on your chart, because not enough info there to tell what is going on...

-madzi

Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 10:33 pm
by eFeX
Sorry for chart, it's 1 minute chart GBP/USD. Thank You for clarification.

Re: WALMAL Trading system Mini Series

Posted: Thu Mar 05, 2020 11:31 pm
by Bowas
I have looked at and like your method. Have you posted the rules anywhere? I read them on TRO's daily videos, but would like to print out a copy if at possible.

Thank you

Re: WALMAL Trading system Mini Series

Posted: Fri Mar 06, 2020 9:46 am
by photize
Bowas wrote:I have looked at and like your method. Have you posted the rules anywhere? I read them on TRO's daily videos, but would like to print out a copy if at possible.

Thank you

Close as I can currently get :-) (limitations on upload sizes.
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