Articles
Strategy: Bored Fibonacci (lazy fib)
239943 July 2, 2022 14:05 SwingFish Strategies SwingFish Private
to discuss this strategy, just head to the post on Forex-factory
everyone knows “DONT Trade if you bored”
well, I did it anyway and blow away ALOT of $$ in the process.
if you are like me and can’t control yourself .. better stop trading
or do this below:
it’s basically a way to let you “chase trades”
based on Beauty rather than difficult analytics … (yes I meant Beauty because the strategy works best and only on a clear structure)
perfect for quiet markets (personally I make the best results in the Asian session as there are less news and levels are better respected)
look at this screen below and tell me if you would have taken this trade-off the 1H chart:
I would not
so the first part of this strategy is to zoom in/out so far until the chart does look “nice”
where “nice” means where you can clearly see the steps a typical trend does “HH-HL-HH” or “LH-LL-LH”
like this (same time as above, just on M3)
Indicators needed: None
Tools Needed: Fibonacci extension tool with the values: 0, -5, 38, 83
find the trend-sequence appearing “CLEARLY“(this is VERY VERY important!!! .. if there is consolidation in the way .. drop it .. wait for next setup.)
Long Setup:
- draw the first part of the extension from LH to HH while the retracement-candles are still building
- after this you can place a buy stop with SL and TP preset already as the range will not change anymore. this enables you to make proper Money Management.
- then “correct” the Extention line to the current building HL ONLY Downwards and keep moving the Buy Stop to align with 38% of the Extention.
- once direction change upwards .. wait
3 things can happen:
- price goes below stop loss -> move the extension to the new Low and -> move pending order to be filled at the new 38% level
- price goes lower than previous low -> Cancel order (the trend is no longer valid)
- order get filed -> wait for TP
I tested this with 152 trades with a 56% Win Ratio.
let me know what you guys think of that.
Here quick Video about the re-positioning
[embedyt] https://www.youtube.com/watch?v=EqupNWUF5xs[/embedyt]
UB-Noise crashed after 1 Year running time
12275 October 1, 2018 11:11 SwingFish Strategies
Just like all Expert Advisors (EA), UB-Noise didn’t make it.
running from 22 September 2017 till 1 October 2018. leaving a 26% Profit after the crash.
Full Article
mf Crowd Participants update starting Week 51
3538 December 16, 2017 13:38 SwingFish Strategies
since there had been a down-spiral for quite some time, now it’s the time to weed out the bad fruits, and add some Volume to the better ones.
UB-Noise Crashtest Terminated
3097 December 3, 2017 01:08 SwingFish Strategies
after the third “crash” we decided to terminate this test for the time beeing and re-start it later with a different set.
the main mission was accomplished, as the machine did create an initial gain of 321%.
however, the chance of a total loss is simply too great.
the EA would be able to maintain just like UB-Noise does, but it would need 4 times the funds to do so, and this would make it far less profitable in percentage terms.
please stay tuned, we will start a new Category once the tests have been completed in a few weeks.
meanwhile, we will use the VPS Slot to trade another instance of UB-Noise on CADCHF with an extremely low turnaround, as the funds on that account are not intended to be traded at all.
Full Article
UB-Noise Needs some help
2577 November 15, 2017 10:02 SwingFish Strategies GBPUSD • Russel 2000
Full ArticleAlgo/EA/Machines are emotionless and do not anticipate the market behaviour and consider mass psychology,
so from time to time .. human intervention is required.
UB-Noise CrashTest Statistics (Week 41)
1614 October 14, 2017 14:04 SwingFish Strategies
SwingFish Strategy Summary Week 41
UB-Noise Crashtest with +5.5%, total gain for this Year: +32.87%%
mf-Crowd Statistics (Week 41)
1612 October 14, 2017 13:59 SwingFish Strategies
SwingFish Strategy Summary Week 41
mf-Crowd closing this week with 0.77% gain, yearly gain 83.11%.
UB-Noise Statistics (Week 41)
1615 October 14, 2017 13:54 SwingFish Strategies
UB-Noise Summary Week 41
UB-Noise (GBPAUD) gained 2.46%, totalling this Year with +47.3%
will withdraw 100$ from this account.
Full Article
16000$ Mark Reached (UB-Noise)
1349 October 9, 2017 22:26 SwingFish Strategies
UB-Noise reached a Balance of 16.000 USDollars for the first time after 5 Months,
booking a Gain of 46.36% in almost 5 Months.
UB-Noise Statistics Week 39
958 October 1, 2017 15:38 SwingFish Strategies GBPAUD
After running about 5 Months
UB-Noise created with 2 hiccups a gain of 42.73%
UB-Noise CrashTest finally crashed – Summary
906 September 29, 2017 11:55 SwingFish Strategies
Yesterday the UB-Noise Test on the Russel2000 index (US2000) did finally come to the point where all trades were closed due to Margin-Calls.
This was expected to happen, the mission on this test was not to keep it alive, but to find out how much money it can make until it does happen.
Here is the summary:
- Runtime 2 Months & 3 Weeks
- Initial deposit 10.000$
- Whidrawal after 7 Weeks: 15000$
Conclution:
With the account at 3.39$ now, we made a total profit of 5003.39$ in arround 7 Weeks. Which is 50.03% total gain.
Full ArticleToday we will re-deposit 10.000$ and start the test again for a 2nd round.
a ‘close one’ 58% Drawdown then 715$ gain
947 September 25, 2017 15:21 SwingFish Strategies GBPAUD
Starting September 21. GBPAUD startet to massively Rise .. with no pullback at all.Friday there
this caused a 58% Drawdown.
We Turned off AutoTrade, Placed a Short Order at the Peak of 3 Lots and waited it out.
at price then finally falled we experiences a 715$ Equity Raise, closed all trades and continue AutoTrade.
Total Gain as of then: +41.94%
that was a “close one”
the Drawdown caused however a Margin call on the Demo account that is used to Mirror the trades to the cTrader Network
i have not checked this account for a very long time … so i also placed a additionsl short order there to pay for the margin calls, which turned out just fine. here is a extra post about the Mirror-account.
Full Article