the only way to fly, as yet unnamed but described as "ALGO WHICH ANY IDIOT CAN IMPLEMENT EASILY."
2004 to 2018 inclusive, 1507 trades, x-axis shows time y-axis shows accumulated profit on initial £50 investment
this implementation uses ONLY the long term trend which for eurusd is DOWNWARD trades only (even today in 2023)
at 1.59pm and 59 seconds rapidly enter the value of the price at which to sell and instantly press the button to place the order (to trade if triggered) the order is to trade at a sell price which is 25 points below the mid price, as you see it, by eye, on the graph, at 1.59pm and 59 seconds.
if by 14:08, ie 2.08pm, if by then it has moved 15 points downward (and stayed above 15 points downward, or ended up above it at 2.08) then order stays active until 2.30pm. if it goes 25 points you let it open a trade , with a stop of 1000 points and a profit limit of 78 points from the targeted , open price (ie not from whatever it really is, but from the one you ordered, same goes for the £10 loss).
If price is 1.23456 then "15 points" down is 1.23441. NB you are measuring from mid price to sell price, not mid price to mid price.
so easy a complete idiot can do it.
the graph sums up what happens if you do that every day. ie you place the orders at 2pm and at 2.08pm you delete them if necessary otherwise you leave them until 2.30pm.
furthermore in the rare event that a trade is still open (and presumably losing) at 7pm, ditch it right there and then. game over for all trades at 7pm.
IN THE EVENT THAT THINGS HAPPEN TOO QUICKLY AND YOU DON'T MANAGE TO PLACE THE ORDER AND IT HAS ALREADY MOVED AND GONE INTO THEORETICAL PROFIT - JUST DON'T TRADE THAT DAY, LET IT GO - TRY TO BE QUICK BUT IF YOU'RE NOT QUICK ENOUGH LET IT GO:
UNDERSTAND THAT trades you skip out, days you skip out, DO NOT REDUCE YOUR PROFIT; in fact the chances that a trade you miss that way is a profit or loss is no different to normal, which means it makes no difference if you skip any day at all - if you mis-trade, eg by trading once you've missed the real trigger, that can totally mess your performance up, so just let it go, if you miss one, forget it.
the direction shown above for eurusd was 'downward'; so how do you establish what the correct direction is on any given instrument you use?
so in that example you could have deviated mucho from just trading downward; this is the way i recommend choosing a direction, but before you get into that bear in mind that the direction you accept as 'correct' is the one you ought to stick to and only shift when the longterm rules i give you as follows tell you to: put the instrument, whether eurusd, wall street, whatever inc, etc into the 'month' chart - ie one bar per month; then you can easily see the very longterm trend; with wall street it has been 'up' for a long time. then for about a year following the US proxy war on russia via ukraine and the eu, wall street was 'downward' - how to calculate? If it has two months in a row of downward, ie from the start of month 1 to the end of month 1 is down, and from the start of month 2 to the end of month 2 it never goes back to above where month 1 started - then you have in this instance a 'middle term' downward direction, for after all the longterm direction is still up - it's still just heading higher, relative to the past; but the middle term is what you use usually to determine the direction and usually it's the same as the longterm; if then, as is the case with wall street, it has then turned around and done that 2 month thing back upwards, and stayed in that realm, even if often sideways, without returning to two months of downward, then the direction is once again up, in this instance the short term and the longterm are both up even though the middle term is downward.
it's not just those rules alone, but that's the simple logic of it - you look at monthly charts, you see what the longterm trend is, you see when it changes to the other way over a 60 day period, then you switch to that direction; you see when it then goes back, and if it does you change back - but you do all this using monthly charts, and you don't chop and change, you stick to the correct direction for many many days, even when many trades that way are losing, you don't behave like a starling, you go one way, unless there is a serious push by the price which ends up changing that monthly chart, and it is now pointing the other way.
so as i said it's not just these surface details alone; as i said, the usa was being a bunch of psycho militarist goon mooks and then that direction started to be impacted; you have to be totally intellectually honest about all aspects of such characteristics of the so-called 'market' - ie the usa's a bunch of genocidal imperialists, fact 1, they often cheat, fact 2, they often cheat successfully, fact 3, many strong opponents constantly humiliate and screw over the usa and its cronies/lackies like the eu and uk, another key fact; so you have to be sensitive to all these truths and unbiased and unemotional and not baying for anyone's downfall or boasting about anyone's rise, and then you will be more intelligent in how you decide when that trend, if we may now crudely call it that, has changed;
what matters is that using the trigger rules i've given and using the most appropriate trend direction decision you can muster, and trailing the gains even (not in the method shown above, but familiar to you if you are honest enough to have read all that is on my site) will make you soooo rich you'll feel real compassion towards the sinful, goonbastard, mookfuck, genocidal, ecocidal, hyperconsumer, hypersexual fucks, be they western or otherwise, because greed is impotence, immorality is self-destruction, understanding how to successfully do what I do teaches you that
to conclude, and why people who are so blind and stupid they would call Corbyn racist, or they would call 'all middle classes' their enemy - why such people are TOTALLY ***-fucked if they try to use this knowledge given to me by that self-same honesty many call 'god' - IF YOU COMBINE INTELLECTUALLY HONEST UNRACIST UNMATERIALISTIC UNBIASED ASSESSMENT BY YOU OF THE 'TREND' WITH THE HIGHLY TOUCH-SENSITIVE TRIGGER I'VE TAUGHT YOU ABOVE, YOU BECOME MEGA RICH - BUT YOU CAN ONLY DO IT IF YOU ARE NOT TOO MUCH OF A PROUD RACIST COCK-SUCKER TO ADMIT THAT ALL THAT NASTY VENEMOUS BULLSHIT YOU MADE UP ABOUT CORBYN ONLY DESCRIBES YOU, O WALKING TURD THAT YOU ARE. NO? DON'T WANT TO ADMIT IT? FINE. FUCK OFF AND PAY 1000 QUID FOR A LOAF OF BREAD YOU RACIST NAZI FUCKHEADS.