Kingda Forex
Hypothetical Monthly Returns (includes typical commissions and system fees)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2010 | +9.2% | |||||||||||
| 2011 | +2.0% | +9.2% | +5.4% | +2.1% | (1.7%) | +1.8% | +1.3% | +1.4% | +2.3% | +1.5% | (1.9%) | +1.1% |
| 2012 | (0.6%) | +7.6% | +2.8% | +3.8% | (5%) | +8.7% | +5.2% | (1%) | (3.9%) | (0.5%) | +6.4% | (2.9%) |
| 2013 | +2.7% | +6.8% | (8.3%) | (2.4%) | +1.2% |
There is a substantial risk of loss when trading futures, forex, stocks, or options. Hide this
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| Instruments | Forex |
|---|---|
| Strategies | Technical analysis, Market timing |
| System started | 12/3/2010 (30 months ago) |
| System developer |
Kingda Admin 
(Last login to C2: 5/17/13 11:03) C2 Score: 1000  Vendor has created 5 other systems. Show The name of this system has been changed 6 times. Show |
System creator requested that closed trades data below be delayed by 2 hours.
Live brokerage trade data is available for this system. Show broker data?
| Hypothetical Trading Results | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Opened ET | B/S | # | Symbol | Price | Closed | Price | Risk | P/L | |
| 5/17/13 8:32 | SELL | 1 | USD/CAD | 1.03021 | 5/179:45 | 1.03018 | Low | ($1) | |
| 5/14/13 12:57 | SELL | 2 | USD/CHF | 0.96793 | 5/159:19 | 0.96694 | Normal | $18 | |
| 5/9/13 14:32 | BUY | 1 | AUD/USD | 1.00941 | 5/914:34 | 1.00983 | Low | $3 | |
| 5/8/13 10:51 | SELL | 2 | GBP/USD | 1.55750 | 5/811:52 | 1.55632 | Low | $22 | |
| 4/30/13 10:17 | BUY | 1 | USD/CHF | 0.92929 | 4/3012:21 | 0.93069 | Low | $14 | |
| 4/29/13 16:00 | BUY | 1 | EUR/AUD | 1.26590 | 4/302:02 | 1.26362 | Low | ($25) | |
| 4/25/13 10:18 | BUY | 1 | EUR/GBP | 0.84200 | 4/2510:52 | 0.84249 | Low | $7 | |
| 4/24/13 22:03 | SELL | 2 | NZD/USD | 0.85277 | 4/253:56 | 0.85239 | Low | $5 | |
| 4/22/13 10:23 | BUY | 1 | USD/JPY | 99.147 | 4/2210:27 | 99.040 | Low | ($12) | |
| 4/22/13 10:16 | BUY | 1 | AUD/JPY | 101.787 | 4/2210:22 | 101.603 | Low | ($20) | |
| 4/19/13 12:41 | BUY | 1 | GBP/AUD | 1.48143 | 4/2121:20 | 1.47844 | Low | ($32) | |
| 4/19/13 10:59 | BUY | 1 | GBP/USD | 1.52594 | 4/1912:02 | 1.52331 | Low | ($27) | |
| 4/17/13 10:42 | SELL | 1 | USD/CHF | 0.93115 | 4/1711:04 | 0.93037 | Low | $7 | |
| 4/15/13 14:12 | BUY | 1 | AUD/JPY | 100.629 | 4/1514:23 | 100.778 | Low | $14 | |
| 4/8/13 11:41 | BUY | 1 | GBP/USD | 1.52489 | 4/812:01 | 1.52569 | Low | $7 | |
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Statistics
Analytics| All Statistics Based on Hypothetical Results | |
|---|---|
| Trades | 538 |
| # Profitable | 386 (71.7%) |
| # months tracked | 30 |
| Profitable months | 20 (66.7%) |
| Avg trade duration | 12.0 hours |
| Annual return (compounded) | 31.7% |
| Average win | $17 |
| Average loss | $31 |
| Profit factor | 1.4:1 |
| Max peak-to-valley drawdown (historical) | 18.91% |
| drawdown period | Jan 28, 2011 to Feb 03, 2011 |
| Correlation w/ S&P | 0.032 |
| Sharpe ratio | 1.509 |
| Keep after worst-case slippage | 86.3% |
| Probabilities of future account loss | |
| Chance of 10% account loss | 33.5% |
| Chance of 20% account loss | 8.0% |
| Chance of 30% account loss | 0.0% |
| Chance of 50% account loss | 0.0% |
|---|---|
| Chance of 100% account loss | 0.0% |
| Average Profit to Drawdown (APD) | 0.11 |
| Average P/L per unit traded |
Reviews
July 20, 2012 from AutoTrader
Especially good results lately. Low fees. It is not a martingale system despite some light averaging into positions. Risk appears to be managed well given its relatively low drawdown with over 1.5 years on C2. Developer is very responsive. One of the few forex systems that makes the cut with a reasonable age, Sortino, drawdown, and profit factor filter.
System Description
About
Kingda Forex is a trend and counter trend system using multiple time frames. Target is usually 20-100+ pips per trade. Due to the nature of the system (real-time market order), this system will only work when in "AutoTrade" mode.
This strategy trades on multiple time frames (1H and higher). The system currently follows 16 pairs (EURJPY, GBPJPY, USDJPY, EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF, NZDUSD, EURCHF, EURAUD, GBPAUD, AUDJPY, CADJPY, EURGBP, and AUDCAD.). Trades can last from several hours to days.
We plan to add more pairs in the future.
How much do I need to start trading this system?
We only trade 1-2 mini lots per trade. So depending on your brokers margin requirements, you can start with a relatively small account.
Please note:
You can view an example of an account that trades 2 times, 3 times, and 20 times the size of Kingda Forex by clicking on the links below:
Kingda Forex (2x)
http://www.collective2.com/cgi-perl/system75437649
Kingda Forex (3x)
http://www.collective2.com/cgi-perl/system75438730
Kingda Forex (20x)
http://www.collective2.com/cgi-perl/system70967240
Trade Frequency
Since Kingda Forex trades on multiple time frames of 1H and higher, we expect to have a few trades during the week. Since trades can happen at anytime, we highly recommend running the strategy on "AutoTrade" mode.
Position Management
We will average in on each position if necessary and a strict money management rule has been set in place. If we do get stopped on a trade, we are always looking to re-enter the trade.
Order Entry and Order Size
All orders are entered manually. At this moment we trade 1-2 mini lots per order. Our stops can be between 20-150 pips per trade depending on the time frame.
Please note: These are only estimates. Losses can be greater or smaller.
C2 Model Account
We will never increase the lot size in our C2 Model Account. Orders entered will be 1-2 mini lots per trade regardless of the increase in capital in the C2 Model Account. We do this so that it is easier to AutoTrade our system.
Final Comments
Draw-downs and losses will occur. I do trade my own account with real money. Any draw-downs and losses hurt me personally as well. So, obviously, I try my best. I do not have a crystal ball. I am human. Hindsight is 20/20. And finally, read the disclaimer below carefully before trading any system.
==================================================
DISCLAIMER
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Kingda Forex is a trend and counter trend system using multiple time frames. Target is usually 20-100+ pips per trade. Due to the nature of the system (real-time market order), this system will only work when in "AutoTrade" mode.
This strategy trades on multiple time frames (1H and higher). The system currently follows 16 pairs (EURJPY, GBPJPY, USDJPY, EURUSD, GBPUSD, AUDUSD, USDCAD, USDCHF, NZDUSD, EURCHF, EURAUD, GBPAUD, AUDJPY, CADJPY, EURGBP, and AUDCAD.). Trades can last from several hours to days.
We plan to add more pairs in the future.
How much do I need to start trading this system?
We only trade 1-2 mini lots per trade. So depending on your brokers margin requirements, you can start with a relatively small account.
Please note:
You can view an example of an account that trades 2 times, 3 times, and 20 times the size of Kingda Forex by clicking on the links below:
Kingda Forex (2x)
http://www.collective2.com/cgi-perl/system75437649
Kingda Forex (3x)
http://www.collective2.com/cgi-perl/system75438730
Kingda Forex (20x)
http://www.collective2.com/cgi-perl/system70967240
Trade Frequency
Since Kingda Forex trades on multiple time frames of 1H and higher, we expect to have a few trades during the week. Since trades can happen at anytime, we highly recommend running the strategy on "AutoTrade" mode.
Position Management
We will average in on each position if necessary and a strict money management rule has been set in place. If we do get stopped on a trade, we are always looking to re-enter the trade.
Order Entry and Order Size
All orders are entered manually. At this moment we trade 1-2 mini lots per order. Our stops can be between 20-150 pips per trade depending on the time frame.
Please note: These are only estimates. Losses can be greater or smaller.
C2 Model Account
We will never increase the lot size in our C2 Model Account. Orders entered will be 1-2 mini lots per trade regardless of the increase in capital in the C2 Model Account. We do this so that it is easier to AutoTrade our system.
Final Comments
Draw-downs and losses will occur. I do trade my own account with real money. Any draw-downs and losses hurt me personally as well. So, obviously, I try my best. I do not have a crystal ball. I am human. Hindsight is 20/20. And finally, read the disclaimer below carefully before trading any system.
==================================================
DISCLAIMER
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.
