Welcome to AIMS Stress Free Trading Forum ;)


Dear Dearer Dearest Trader!!!

We would like to put a SPECIAL Request to you!

We are Trying to Take iTradeAIMS Youtube to hit 10K Subscribers.

Please Help us Achieve this Goal by Clicking Here


Please Please Please
Subscribe to iTradeAIMS YouTube Channel.


>>> Watch Videos and <<<
>>>> Hit the Like Button. <<<<
>>>>> Discuss Ideas, Comment as much as possible. <<<

MAKE AIMSForum GREAT AGAIN

Stay Up to Date - Stay ACTIVE



Note Seeing Images?
Check if Are You Logged-in?
Check the Top Right corner if it does not show your username and instead shows a "power" button/icon. You are not logged in.
Scroll down to the bottom of the page and log in using the login fields provided.
Use the same username and password that you use for loging in at www.iTradeAIMS.net

How to Login:
To login Either Go To
1. www.iTradeAIMS.com and Use the Login Tab
or

2. [url=https://www.itradeaims.net/amember/login]www.iTradeAIMS.net]

Dashboard: When you log in you will be taken to your dashboard/members area.
All the downloadable items will be available inside the dashboard. The Dashboard Also has a TAB for Forum Acces.

DO NOT LOGOUT OF FORUM EVER - IF YOU HAVE TO LOGOUT GO TO DASHBOARD FIRST


Do Not Logout of the Forum. Instead logout via dashboard

WARNING: Do not try to change password while looging into the forum. You must only change passowrd from the Dashboard.



History of Memberships:
2011- Standard Membership: Access to Most part of AIMSForum.com. Included Setup 1 and Journals Section
2012 - Premium Membership: Access to Setup 1 strategy and indicators, The Fruit strategy and Indicators, The Mind Section.
2014 - The Seed Strategy was added to become part of AIMS Premium Membership.
2015 - The HUNT Section was added but NOT part of the "then" Premium Membership. Hunt strategy was part of AIMS Live Trading Room Monthly Subscription.
2017 - AIMSForum.com was disbanded. Forum was integrated into our NEW Site under itradeaims.net/forum. Sales of All previous Memberships Discontinued - We then added 2 ways to Join AIMS. 1. NEW Premium MEmbership was Launched plus additional product of 2. AIMS Live Trading Room Monthly Subscription.
At this time we sent out emails to all previous members a heavily discounted offer to upgrade their membership to NEW Premium Membership or continue to keep access to Forum only. But we gave access to the NEW Dashboard as well without charge. This offer came to an end 3 years later Dec 31, 2019.
2021 - Premium and NEW Premium Memebrship will no longer be offered after end of March 2021. Ther will be further NEW options. Gold and Platinum Packages and the ability to buy individual courses. Coming Soon!!!

May the "pips" be with you!!!

Message from
Immy & AIMS Support Team

The Banana Indicator Strategy Testing RESULTS - 68% Profit on GBP/USD

If you find a setup, Share it here to discuss.
This forum will have a new topic created for each day of the week, where we will upload analysis and daily trade ideas. Everyone is welcome to join in.
User avatar
immy
Founder
Founder
Posts: 8735
Joined: Mon Nov 22, 2010 4:46 pm
11

225% No Compounding Growth GBP/USD 2012 - 2021

Unread post by immy »

Here is something interesting 

If you traded the GU wince 2012 with the banana indicator and took trades based on only 1 lot positions and let them run until stopped out trailing boxes, you'd be up 225% :) 


What kind of trades did the EA take? Here, have a look 
https://www.screencast.com/t/ey1ack4q

Image
How to Improve your Trading using this Data?

If you study the trades the EA has taken, you can learn more. We know there are trades you and I won't take due to several reasons. Here is a set of data for you to check your knowledge against. This is solid concert proof, now you go ahead and see if your filter rules will improve the game or make it worse?

I have for you a template that you can download and hopefully be able to see all the trades taken. You can add the current banana indicator on top of it and see which trades you would take and which you won'.t I am 100% sure a lot can be learned from this exercise. 

The MT4 Template with all the trades? 
Download here 
GU 2012 - 2021.zip
 


 
 
 
 
 
You do not have the required permissions to view the files attached to this post.
What is the Biggest Hidden Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

User avatar
immy
Founder
Founder
Posts: 8735
Joined: Mon Nov 22, 2010 4:46 pm
11

Impulse vs No Impulse Filter

Unread post by immy »

What if we test the data based on the 3 bar impulse filter we introduced in Version 8 of the banana indicator? 

Check the two tests side by side. 
Impulse vs No Impulse Filter.png
 
The Differences: 
  1. Trade Number is halved.
  2. Profit Factor went up from 1.13 to 1.36, massive.
  3. Drawdown 42% reduced to 37%.
  4. yet, profit went from 15868 to 18928.
  5. The Equity curve looks a lot smoother.

 
 
You do not have the required permissions to view the files attached to this post.
What is the Biggest Hidden Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

User avatar
immy
Founder
Founder
Posts: 8735
Joined: Mon Nov 22, 2010 4:46 pm
11

The Human Factor: Model vs Reality

Unread post by immy »

The Human Factor: 

Remember though the Human Factor: No matter how objective and elegant the code, The BOT (the trading expert advisor, script or algorithm) can’t really figure out the 4 Most Important Questions.

The first being, Is there an impulse move? The Banana Indicator comes with a flow chart of 4 Questions. We only take signals that have 4 YES answers to 4 Questions. It is hard to code some logic.

The pullback pattern that gives us the highest probability of winning occurs during trending markets. The pullback method is NOT to be used within tight ranges. The testing bot, (at least the one we are using for now) can’t do certain things such as;
  • It can’t figure out “Is there an impulse move?”
  • It can’t figure out “Is the move climactic”
  • It can’t figure out, “Is the pullback Impulsive?”
  • It can’t figure out, “Trend vs Range”; is the entry within the trading range or out of the trading range?
  • It can’t figure out, “Filter Tight Ranges”; How to Only take entries within trends?
And this, above, The Human Factor, if you like, makes the System HIGHLY Effective.

When the “human eye” or “observation”, assuming the trader exercises at least an 80% discipline, meaning being objective, can eliminate a lot of unnecessary losses. Because we can assess quality.

When you do this then the system goes from 35% Win rate to 66% win rate. And that makes it an extraordinary method to trade. Models are simple and robust. We can make them better when we are disciplined and worse when we trade with emotions. 
 
MORE on this blog post: https://itradeaims.net/testing-testing- ... x-testing/

There are some parts in this video/interview with SMB's top 10million+ per year trader that compliments the stuff I have shared above.
 
What is the Biggest Hidden Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

User avatar
Darren
Posts: 851
Joined: Tue Nov 20, 2012 1:54 pm
9

Re: The Banana Indicator Strategy Testing RESULTS - 68% Profit on GBP/USD

Unread post by Darren »

The EA certainly has some fantastic potential if it can stop trading the ranges!  :wd