Forex Signal Generator

[MRFriday]

Hello there. I've been doing open source forex strategy call daily20pip system. based on my forex signal generator calculation. here are the brief

target Profit : 20pips/day
difficulty : very easy
perfect for : newbie, daytrader
result : average 100pips/month
subscribe : No, its free system
pros : stress free trading system, just set and forget
cons : 20 pip a day maybe just a little for someone


Result :
MAR 2007
Win 14
Loss 4

FEB 2007
Win 10
Loss 4

JAN 2007
Win 13
Loss 6

DEC 2006
win 14
Loss 2

[daily20pip]

Read/download Daily20pip.pdf


Result :

SEE LATEST LIVE TRADING RESULT HERE

JULY 2010
D20P WIN 12
D20P LOSS 4

JUNE 2010
D20P WIN 12
D20P LOSS 7

MAY 2010
D20P WIN 9
D20P LOSS 3

APRIL 2010
D20P WIN 8
D20P LOSS 3

MARCH 2010
D20P WIN 9
D20P LOSS 7

FEBRUARY 2010
D20P WIN 10
D20P LOSS 6

JANUARY 2010
D20P WIN 8
D20P LOSS 7

DECEMBER 2009
WIN 9
LOSS 10

NOVEMBER 2009
WIN 9
LOSS 2

OCTOBER 2009
WIN 12
LOSS 3

SEPTEMBER 2009
WIN 9
LOSS 7

AUGUST 2009
WIN 12
LOSS 5

JULY 2009
WIN 9
LOSS 4

JUNE 2009
WIN 15
LOSS 6

MAY 2009
WIN 13
LOSS 5

APRIL 2009
WIN 8
LOSS 7

MARCH 2009
WIN 13
LOSS 4

FEBRUARY 2009
WIN 5
LOSS 7

JANUARY 2009
WIN 7
LOSS 5

DECEMBER 2008
WIN 8
LOSS 9

NOVEMBER 2008
WIN 9
LOSS 7

OCTOBER 2008
WIN 14
LOSS 1

SEPTEMBER 2008
WIN 11
LOSS 5

AUGUST 2008
WIN 11
LOSS 4

JULY 2008
WIN 10
LOSS 5

JUNE 2008
WIN 8
LOSS 7

MAY 2008
WIN 11
LOSS 8

APRIL 2008
WIN 8
LOSS 11

MARCH 2008
WIN 10
LOSS 4

FEBRUARY 2008
WIN 11
LOSS 7

JANUARY 2008
WIN 13
LOSS 3

DECEMBER 2007
WIN 12
LOSS 3

NOVEMBER 2007
WIN 6
LOSS 6

OCTOBER 2007
WIN 9
LOSS 10

SEPTEMBER 2007
WIN 10
LOSS 4

AUGUST 2007
WIN 8
LOSS 9

JULY 2007
WIN 10
LOSS 2

JUNE 2007
WIN 7
LOSS 5

MAY 2007
WIN 11
LOSS 3

APR 2007
Win 9
Loss 4

MAR 2007
Win 14
Loss 4

FEB 2007
Win 10
Loss 4

JAN 2007
Win 13
Loss 6

DEC 2006
win 14
Loss 2




finally Daily20pip system already passed the 6 month beta period (since DEC 06) and this simple strategy already giving me +730 pips (in average +120pips per month) from 71 winning trade (+1420 pips) and 23 Loss in trade (-690 pips) with no Loss result in every month
This strategy are Live tested under my Micro account (I use $100 as starting margin in micro 0.01 Lot per trade) and already give me more than 10% profit on each month
I Hope this simple strategy can be usefull as an alternate tools for fx trader to get more +pips



Let’s have a look at the daily20pip (D20P) results since DEC 2006 till AUG 2008

winning days=215
losing days=109
no touched orders days =115

So, 324 trading days, 115 no trading days (no touched orders), 215 winning days… and this is a significant statistic sample.

Winning probability W= winning days/trading days= 0,664
Win/Loss average ratio R = 20 pips/30 pips = 0,667

Let’s now consider a couple of significant indicators used in Money Management:

Kelly’s formula:
K = W - ((1-W) / R) = 0,159 ---> 15,9 %

It represents the size of the position you should be taking for a trade (as capital risk). Money Management guru’s suggest to take 5% at maximum (for aggressive personalities), so, that result has only the scope to indicate us that D20P is a low risk system

Math expectation:
M = W*R - (1-W) = 0,106 ---> POSITIVE!

meaning: positive result means D20P gives positive returns in the long run. (Just to be clear for the casinò roulette M is negative……)

[daily20pip]

Daily Forex Strategy Thursday 1 MAY 2008



D20P BUY B GBP/USD 1.9834
take profit 1.9854
stoploss 1.9804

CLOSED LOSS -30 pips

[daily20pip]

Daily Forex Strategy Friday 2 MAY 2008



D20P SELL B GBP/USD 1.9747
take profit 1.9727
stoploss 1.9777

CLOSED PROFIT +20 pips

[daily20pip]

Daily Forex Strategy Monday 5 MAY 2008



D20P SELL B GBP/USD 1.9736
take profit 1.9716
stoploss 1.9766

CLOSED PROFIT +20 pips

[daily20pip]

Daily Forex Strategy Tuesday 6 MAY 2008



D20P BUY A GBP/USD 1.9739
take profit 1.9759
stoploss 1.9709

CLOSED PROFIT +20 pips

[daily20pip]

Daily Forex Strategy Wednesday 7 MAY 2008



D20P BUY A GBP/USD 1.9735
take profit 1.9755
stoploss 1.9705

CLOSED NO TOUCH +0 pips

[daily20pip]

Daily Forex Strategy Thursday 8 MAY 2008



D20P SELL B GBP/USD 1.9551
take profit 1.9531
stoploss 1.9581

CLOSED LOSS -30 pips

[daily20pip]

Daily Forex Strategy Friday 9 MAY 2008



D20P SELL A GBP/USD 1.9533
take profit 1.9513
stoploss 1.9563

CLOSED PROFIT +20 pips

[daily20pip]

Daily Forex Strategy Monday 12 MAY 2008



D20P BUY A GBP/USD 1.9537
take profit 1.9557
stoploss 1.9507

CLOSED PROFIT +20 pips