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  • Use It

    2 25.00%
  • Use To Use It But Stopped

    0 0%
  • May Consider It One Day

    3 37.50%
  • Don't Intend To Consider It

    3 37.50%
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Four Hour Trader Review (Set Times)

Forexample, Thanks for the update - We will continue to report on the EURUSD on

  1. Four Hour Trader Review (Set Times) #21
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    Default Re: Four Hour Trader Review (Set Times)

    Forexample, Thanks for the update - We will continue to report on the EURUSD on the 4 Hour as well as Gold and the DOW.
    ReviewTeam - www.systemsfortraders.com

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  2. Four Hour Trader Review (Set Times) #22
    Forexample is offline Established member
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    Default Re: Four Hour Trader Review (Set Times)

    Hi Review Team,

    have you found repainting a big problem with this?
    Certain amount of Kudos to the vendor that he admits that there is SOME repainting.
    However I am not too please to see an example of repainting with the very first signal indicated.
    There was a sell signal at the close of the 04:00 candle on FXCM.
    Stop-loss was hit during the next candle, refresh the chart and Lo, the signal has disappeared.
    If this happens OCCASIONALLY, it is not too much of a problem, but to happen with the first signal that I see raises doubts.
    Warning to anyone who looks back over charts with a repainting indicator, it will eradicate losing trades, so you will not get a true picture.

  3. Four Hour Trader Review (Set Times) #23
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    Default Re: Four Hour Trader Review (Set Times)

    Hi,

    We remember experiencing this twice but didn't report it as it is, as you state, admitted to on the site. In hindsight I suppose we should have identified this so apologies for that.
    ReviewTeam - www.systemsfortraders.com

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  4. Four Hour Trader Review (Set Times) #24
    Forexample is offline Established member
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    Default Re: Four Hour Trader Review (Set Times)

    It really amazes me that this signal has now re-appeared since the market started to move in the right direction
    Attached Images

  5. Four Hour Trader Review (Set Times) #25
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    Default 4 Hour Trader - November Results

    This month this system has performed as follows:

    EURUSD = -11.10%
    GOLD = +8,29%
    DOW = +2.00%

    All trades were taken at 2% risk and again 24 hour commitment every 4 hours would have been required to achieve these returns. Much of our results this month, due to minor illness and other commitments, are based on retrospectively checking charts so they may not be as accurate as previous results - Apologies for this.
    ReviewTeam - www.systemsfortraders.com

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  6. Four Hour Trader Review (Set Times) #26
    overzet is offline New member
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    Smile Re: 4 Hour Trader - November Results

    Trading the EUR/USD has been suspended since October and has been replaced with GBP/JPY.

    The system made 960 pips for the month of November according to the owners website, but I could only capture a little over 700 pips. All and all I think this is a good system and will continue to trade it, but you have to check his website daily for updates to stay on the ball!

    Last week all trading was suspended due to range-bound market conditions, so will the trading results for December reflect this when you guys will present the results for December?

    This is no critique to you guys because it is hard to follow a system and at the same time know when to "bend the rules". The website has a whole page dedicated to it.

    Trading is a long and difficult learning process even with indicators that tell you when to buy or to sell. If it was simple we all would drive around in a Ferrari, now that wouldn't be fun wouldn't it?

    PS:
    I drive a 1996 Toyota Carina just to be clear


    Quote Originally Posted by Reviewteam View Post
    This month this system has performed as follows:

    EURUSD = -11.10%
    GOLD = +8,29%
    DOW = +2.00%

    All trades were taken at 2% risk and again 24 hour commitment every 4 hours would have been required to achieve these returns. Much of our results this month, due to minor illness and other commitments, are based on retrospectively checking charts so they may not be as accurate as previous results - Apologies for this.

  7. Four Hour Trader Review (Set Times) #27
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    Default Re: 4 Hour Trader - November Results

    Hi,

    Thanks for the update. We will be reporting on EURUSD, GOLD and the DOW as usual, after this we will no longer be updating results but we welcome your progress.

    As with our previous reviews of John Campbell's products we have tended avoid the discretionary aspects which he applies from time to time (sometimes annoyingly) to try and provide as best possible, mechanical results. This may be right, it may be wrong, but it gives us a baseline for all reviews to which we can try and stick to.
    ReviewTeam - www.systemsfortraders.com

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  8. Four Hour Trader Review (Set Times) #28
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    Default 4 Hour Trader - December Results

    This month this system has performed as follows (we stuck to the original instruments as mentioned in a previous post):

    EURUSD = -6.70%
    GOLD = -3.26%
    DOW = -4.57%

    All trades were taken at 2% risk and again 24 hour commitment every 4 hours would have been required to achieve these returns. Again, the majority of our results are based on retrospectively checking charts this month due to time commitments elsewhere.

    We will not be reporting further results on this system in the new year but welcome updates as always.
    ReviewTeam - www.systemsfortraders.com

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