- Home
- Community
- Trading Systems
- Channel Trader PRO
Channel Trader PRO (By channeltraderpro)
Gain : | +2137.11% |
Drawdown | 33.68% |
Pips: | 2948.2 |
Trades | 589 |
Won: |
|
Lost: |
|
Type: | Real |
Leverage: | 1:100 |
Trading: | Automated |
Edit Your Comment
Channel Trader PRO Discussion
Member Since Feb 09, 2010
226 posts
Oct 13, 2015 at 18:35
Member Since Feb 09, 2010
226 posts
Dionysus231 posted:
So far I really like it. I did 3 trades yesterday. All of them are in profit almost immediately. One is up 117 pips. One is up 53 pips and the other 35 pips. We will see how the week goes.
Thanks for the update.
What were you provided with upon purchase exactly?
I wonder why it cannot be automated.
Member Since Jan 15, 2015
10 posts
Oct 14, 2015 at 06:33
Member Since Aug 04, 2014
10 posts
It looks like the STP uses linear regression channels, which at some point will 'repaint.' Not knocking the system, as I'm a fan of Doug's and his strategies, but just something to keep in mind when you look at still-frame screenshots.
Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing.
Member Since Jan 03, 2015
36 posts
Member Since Jan 15, 2015
10 posts
Member Since Jan 03, 2015
36 posts
Member Since Apr 25, 2015
67 posts
Oct 15, 2015 at 18:06
Member Since Apr 25, 2015
67 posts
So far 6 trades on swing trader. 5 still open and floating. 1 closed at take profit yesterday +436 pips. Pretty cool! I hope they all go that way. I think the entry and exit points in swing trader are really good in theory. And I hope in reality as well. You can see the price reacting constantly to the lines of support and resistance in the program. It's great at telling you where to get into a trade. My only thing is I'm not always sure when I should manually close out a trade. Or if I should at all. Right now I'm just seeing what they do on their own. Either they hit take profit, trailing stop, or STop loss. That's how I'm gonna test it
Results with channel pivot and vortex have been very disappointing. But it's half my fault for risking more than I should.. I reset my settings for all those softwares last night to percent of balance 5%. Just because a software has a 97% win rate doesn't mean we should be risking 20% a trade
Results with channel pivot and vortex have been very disappointing. But it's half my fault for risking more than I should.. I reset my settings for all those softwares last night to percent of balance 5%. Just because a software has a 97% win rate doesn't mean we should be risking 20% a trade
Member Since Apr 25, 2015
67 posts
Oct 19, 2015 at 17:45
Member Since Apr 25, 2015
67 posts
Swing trader I still like it. Closed 5 more trades 15 to 25 pips each. Only two orders open still. Been using this system on the 1 hour chart as well with similar strategy of vortex 20 pip tp 100 pip stoploss 10 pip trail. 100% win rate so far. 8 trades closed this week.
Oct 20, 2015 at 12:18
Member Since Sep 27, 2013
22 posts
Prior to October 14 my results have been very consistent with whats recorded here. Since October 14 I've noticed a lag between the trade open time logged here and whats recorded on my account, with a corresponding difference in open price. Sometimes the lag is a few minutes (as in the case of the AUDCAD trade on October 14), other times it has been much longer (eg about an hour for the EURJPY trade on October 20).
Has anyone else noticed this?
Doug, is it possible that the change you made to the EA about a week ago is causing this?
Thanks ...
Has anyone else noticed this?
Doug, is it possible that the change you made to the EA about a week ago is causing this?
Thanks ...
*Commercial use and spam will not be tolerated, and may result in account termination.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.