Is anyone using Forex Rebellion?

[Paris Hilton]

Here is a profitable strategy to use on the 4 hr. time frame. First of all , I get in right when there is a signal at the open of the next candle immediately. For EUR/USD i use a 60 pip take profit with a 40 pip stop loss. I move trade to break even after +38 pips profit. I take every signal there is. On the EUR/JPY and GBP/USD i use a 120 pip target and a 80 pip stop loss. Move the position to break even after +46 pips. The smootherst equity curves come from the EUR/USD and EUR/JPY. The GBP/USD is more erratic with wilder swings. But it's very profitable. You'll get about 38% wins and 34% break even trades and about 28% losses. You will have occaional losing months but the great majority of months are very profitable between +200 pips to +450 pips per month on each pair. Ipersonally only trade the EUR pairs and use the GBP for the forex morning trade system.
I trade the daily time frame personally. If anyone is interested in how i trade the daily time frame please ask. I just don't have time for the 4 hr. time frame anymore even though it's more profitable. Paris

 

[Fabius]

Paris,
glad to meet you in this thread too .
Thanks for the useful tips .
By the way, I would be glad to know something more about your trading on D1 chart


John,
you are doing a great work I am very grateful for :clap:.
I will study all the posts and put it to work as soon as possible.
Best to all of you

 

[Fabius]

Uh, I have already got few questions for you, John

1) I saw that there are two zip files. Does the last one ($jmw rebellion) replace JMW Rebellion or add some other features to it?
2) How can I handle the two templates of the previous version? Do I need to put them in two different charts?
3) Are all the files in $jmw rebellion to be put in experts -> indicators folder or are there any scripts or experts to be put in different folders?

Thank you
Best
Fabius

 

[lotterbe]

glad to find you guys here - I'm thinking of resurrecting Rebellion, so will start reading your posts to catch up on the conversation...
cheers

 

[lotterbe]

I've just finished reading through all the posts - wow, lots of good stuff! Amazing sharing of ideas and indicators John - I look forward to applying your templates to see what they look like. My first experience with Rebellion resulted in too many losers, plus I was watching too many charts and totally confused myself. I didn't persevere enough to find a way of filtering out the bad trades.

I like the sound of your strategey Paris - 4 hour is my favourite - thanks for sharing I'm looking for something to run alongside Forex Monring Trade, preferably on eurusd. So this may be it - I'll check it out on my charts tomorrow. Do you run anything else other than FMT and Rebellion?

 

[Fabius]

glad to find you guys here - I'm thinking of resurrecting Rebellion, so will start reading your posts to catch up on the conversation...
cheers

Welcome Lotterbe, nice to see you here .
Probably I am here for the same reason with you.
Let's make this thing work

 

[Fabius]

I've just finished reading through all the posts - wow, lots of good stuff! Amazing sharing of ideas and indicators John - I look forward to applying your templates to see what they look like. My first experience with Rebellion resulted in too many losers, plus I was watching too many charts and totally confused myself. I didn't persevere enough to find a way of filtering out the bad trades.

I like the sound of your strategey Paris - 4 hour is my favourite - thanks for sharing I'm looking for something to run alongside Forex Monring Trade, preferably on eurusd. So this may be it - I'll check it out on my charts tomorrow. Do you run anything else other than FMT and Rebellion?

Lindencourt and Black Dog. I suggest everybody to take a look (the Black Dog has also a very active forum totally dedicated to this system and there are many things to learn there).

 

[lotterbe]

Lindencourt and Black Dog. I suggest everybody to take a look (the Black Dog has also a very active forum totally dedicated to this system and there are many things to learn there).

Thanks Fabius, I've recently bought Black Dog and the amount of info on the forum is amazing - lots to read through before I try it out. Good to know you use it - what time frame do you prefer?

I've never heard of Lindencourt - had a look at their website but it's not available any more unless you email them.

I'm hoping to find something like FMT that is time-based. I really like having a defined time of day to set up a trade, rather than hanging around the computer waiting. I like that Rebellion gives defined entry points and has an alarm - not a defined time, but at least I can be doing other things and just listen out for it...

 

[Fabius]

Thanks Fabius, I've recently bought Black Dog and the amount of info on the forum is amazing - lots to read through before I try it out. Good to know you use it - what time frame do you prefer?

I've never heard of Lindencourt - had a look at their website but it's not available any more unless you email them.

I'm hoping to find something like FMT that is time-based. I really like having a defined time of day to set up a trade, rather than hanging around the computer waiting. I like that Rebellion gives defined entry points and has an alarm - not a defined time, but at least I can be doing other things and just listen out for it...

You are welcome .
I prefer M5 with a look at M15 and H1, but you know, with Bd's Macd's it's a lot easier.
I like that it's still growing and developing like the Rebellion here

 

[roger007]

As everybody has been asking me about my Forex Rebellion strategy etc here is my two penny worth....

I have been using the FR for about seven months, I trade 2 currency's GDP/USD & EUR/USD on a 1 hour time frame only.
So far I have made 900 pips. One thing I have found is you must keep your eye (I am lucky I work from an office in the bottom of my garden) on it and being here in England I am trading not only the London open but New York as well so it is very important to keep an eye on the news, I have Bloomberg running all day and have the Forex factory open on the calendar page.
I basically wait for a signal, check the overall direction from the last couple of days look at the previous high or low (this is where I'm looking to move my stop lost to) and then the rest is just gut feeling.
As I've said in my original post I have been trading for about 10 years and the one thing you can not get on reading a book is experience, having spent so much time looking at charts and listening to news you just seem to get a feel.

I cannot stress enough how much the news makes such a big difference just look at this morning GDP/USD when we had the retail figures the market plunged and I'm guessing that most people who were long had their stop loss taken out.

Let's be honest there is no holy grail in trading and there is no magic robot that is going to make us all rich (if there was IBM would have developed it) and we'd all be trying to trade something else.

So to sum up what I'm trying to say is all these systems are great but if you rely on them completely on their own you probably won't make money, experience is still the greatest tool you will ever have.
P.S.
I particularly like the ForexMorning because it is straight numbers to play with a low draw down and there isn't too much news that time in the morning.

Happy Trading
Roger

 

[lotterbe]

As everybody has been asking me about my Forex Rebellion strategy etc here is my two penny worth....

I have been using the FR for about seven months, I trade 2 currency's GDP/USD & EUR/USD on a 1 hour time frame only.
So far I have made 900 pips. One thing I have found is you must keep your eye (I am lucky I work from an office in the bottom of my garden) on it and being here in England I am trading not only the London open but New York as well so it is very important to keep an eye on the news, I have Bloomberg running all day and have the Forex factory open on the calendar page.
I basically wait for a signal, check the overall direction from the last couple of days look at the previous high or low (this is where I'm looking to move my stop lost to) and then the rest is just gut feeling.
As I've said in my original post I have been trading for about 10 years and the one thing you can not get on reading a book is experience, having spent so much time looking at charts and listening to news you just seem to get a feel.

I cannot stress enough how much the news makes such a big difference just look at this morning GDP/USD when we had the retail figures the market plunged and I'm guessing that most people who were long had their stop loss taken out.

Let's be honest there is no holy grail in trading and there is no magic robot that is going to make us all rich (if there was IBM would have developed it) and we'd all be trying to trade something else.

So to sum up what I'm trying to say is all these systems are great but if you rely on them completely on their own you probably won't make money, experience is still the greatest tool you will ever have.
P.S.
I particularly like the ForexMorning because it is straight numbers to play with a low draw down and there isn't too much news that time in the morning.

Happy Trading
Roger

that's great Roger - thanks for sharing. I agree with you, experience is the key. Though I still believe it is possible to play more like a casino. Have an edge, and just keep doing the same thing over and over. And FMT is perfect for that.

I've been setting up Rebellion on 4 hour charts, though may also look at hourly - you certainly are getting good results with that.

I wish the Rebellion EA left the vertical lines in place for backtesting!

 

[Fabius]

...
Happy Trading
Roger

Thanks Roger, very wise approach

 

[joyrider]

hi,
rebel is good system among others,trade entry is excellant,but it need multitime frame indicator.

Hi Vasude,

Just starting reading this thread, your MTFTrend caught my attention. Wonder if anyone of you have the indicator available? Thanks.

 

[Jon Dep]

As everybody has been asking me about my Forex Rebellion strategy etc here is my two penny worth....

Hi Roger and all,

Here's my 2 cents worth...

I have been trading Rebellion since the beginning of May. I have taken a very simple approach. I trade from the start of London open to a couple of hours past NY open, 10 pairs, trade EVERY signal no matter if theres news/resistance etc.
I have a TP of 20 and stop of 30. I realise the R:R isnt great but up until the start of August I was achieving an 81% hit rate. Since then it has dropped to 70% but still making over 50 pips per week.Back in June we were making 100 pips per week.
I have played with different stops and limits and have found that those 2 are the most profitable. Having said that, since mid July I have been recording how many of those winning trades go on and make more pips-91% make 25 pips-76% make 30 pips.
I'm trying to find a way to stay in those nice trends, yesterday for example I was in 4 pairs when the EUR & GBP shot up and I took my 80 pips but should have stayed in a lot longer??
Any thoughts would be most welcome...

 

[lotterbe]

As everybody has been asking me about my Forex Rebellion strategy etc here is my two penny worth....

Hi Roger and all,

Here's my 2 cents worth...

I have been trading Rebellion since the beginning of May. I have taken a very simple approach. I trade from the start of London open to a couple of hours past NY open, 10 pairs, trade EVERY signal no matter if theres news/resistance etc.
I have a TP of 20 and stop of 30. I realise the R:R isnt great but up until the start of August I was achieving an 81% hit rate. Since then it has dropped to 70% but still making over 50 pips per week.Back in June we were making 100 pips per week.
I have played with different stops and limits and have found that those 2 are the most profitable. Having said that, since mid July I have been recording how many of those winning trades go on and make more pips-91% make 25 pips-76% make 30 pips.
I'm trying to find a way to stay in those nice trends, yesterday for example I was in 4 pairs when the EUR & GBP shot up and I took my 80 pips but should have stayed in a lot longer??
Any thoughts would be most welcome...

what time frame are you using?

 

[joyrider]

Thanks Fabius for showing this thread & Paris for sharing. I wanted very much to learn Paris' method of trading with the FR (bought it couple of months ago but wasn't successful at it then put it under observation only). Paris' method suits me well since I prefer trading longer tf. Will give it a try starting next week.

 

[Jon Dep]

what time frame are you using?

1 HR. Averages 35-55 trades per week

 

[roger007]

As everybody has been asking me about my Forex Rebellion strategy etc here is my two penny worth....

Hi Roger and all,

Here's my 2 cents worth...

I have been trading Rebellion since the beginning of May. I have taken a very simple approach. I trade from the start of London open to a couple of hours past NY open, 10 pairs, trade EVERY signal no matter if theres news/resistance etc.
I have a TP of 20 and stop of 30. I realise the R:R isnt great but up until the start of August I was achieving an 81% hit rate. Since then it has dropped to 70% but still making over 50 pips per week.Back in June we were making 100 pips per week.
I have played with different stops and limits and have found that those 2 are the most profitable. Having said that, since mid July I have been recording how many of those winning trades go on and make more pips-91% make 25 pips-76% make 30 pips.
I'm trying to find a way to stay in those nice trends, yesterday for example I was in 4 pairs when the EUR & GBP shot up and I took my 80 pips but should have stayed in a lot longer??
Any thoughts would be most welcome...

Hi Jon Dep
I was very interested in reading how you trade and I think this is an example how different methods of trading suit different people, and that it is important for you to find a style that suits you.
For me it is less trades and a longer period of time however I still use the one hour time frame, for instance I bought the GDP/USD at 2pm Tuesday and still have it running presently I am a 225 pips and I'm looking to get out at 1.5939.
Of course there have been sell signals on the way but as I said in previous posts there is a lot of noise in the market.
Happy trading
Roger

 

[LIQUIDKNUCKLES]

I trade Rebellion, I've tried it before, 9 months ago and had no luck with it, but now 9 months later a little more wiser and a little more market knowledge i think i figured out how i can use it.I only trade the gbp/usd ( for now anyway). So the way i trade, First, i only take the signals during london session and the beginning of ny session. Also, the Candle stick that signaled the trade cant be huge compared to the ones before it. I also make sure it's coming off of a S/R and not towards it. I also dnt really care about win/loss ratio, but R/R ratio so i always trail my stop and always have a profit target of 100 pips but trailing my stop at the same time. I'd like to have a kind of swing trading approach with it, and i do this all only on the hourly chart.

 

[Paris Hilton]

I've just finished reading through all the posts - wow, lots of good stuff! Amazing sharing of ideas and indicators John - I look forward to applying your templates to see what they look like. My first experience with Rebellion resulted in too many losers, plus I was watching too many charts and totally confused myself. I didn't persevere enough to find a way of filtering out the bad trades.

I like the sound of your strategey Paris - 4 hour is my favourite - thanks for sharing I'm looking for something to run alongside Forex Monring Trade, preferably on eurusd. So this may be it - I'll check it out on my charts tomorrow. Do you run anything else other than FMT and Rebellion?

Hi, I'm not trading any other way except Rebellion and FX morning trade. I use the GBP/USD for fx morning only. I use the EUR for rebellion on the daily time frame. I just had a trade with EUR. My first position closed with a +225 target being reached. My second postion is still open and currently at about +155 pips ahead. My stop has been moved to break even. You can trade on the 4 hr. time frame with EUR it's more profitable than the daily and more trades. On the 4 hr. go for 60 pip target and 40 pip stop loss for your first postion. Move your stop loss to break even after +38 pips of profit. Your second postion is the same rules except you let the trade go until the candle closes under/ above the moving average. Some times you can catch some good trends that way but of course sometimes it turns back and you get less than 60 pips or break even. I've back tested it several years and it has a smooth equity curve with few losing months. Very profitable just with the one position. I started using the second position to see if i can catch some long running trends. The way i trade rebellion is I get the signal and then immedidately get into the trade at the very opening of the new candle. I think it works better this way for my strategy and easier to reach target. Paris