HLHB System Update (October 28 – November 1, 2013)

Read all about my HLHB Trend Catcher System if this is your first time hearing about it!

EUR/USD

EURUSD

The HLHB System caught a lot of fakeouts early in the week. Luckily, a sell signal on Thursday wiped all of the system’s losses. The last trade yielded the system’s maximum of 200 pips and brought the record to green with a 64-pip gain. Phew!

# Signal Open Close Pips Notes
1 Sell 1.3803 1.3809 -6 New crossover
2 Buy 1.3809 1.3809 0 RSI was already above 50
3 Sell 1.3798 1.3806 -8 New crossover
4 Buy 1.3806 1.3746 -60 New crossover
5 Sell 1.3746 1.3767 -21 New crossover
6 Buy 1.3767 1.3726 -41 New crossover
7 Sell 1.3726 1.3488 200 Profit target hit
TOTAL 64

GBP/USD

GBPUSD

Like in EUR/USD, the system also caught more than a few fakeouts for Cable early in the week. Unfortunately, it didn’t catch the beginning of an intraweek downtrend. In fact, it even produced a buy signal! The trade took a 119-pip hit and dragged the overall record to a 105-pip loss. *sigh*

# Signal Open Close Pips Notes
1 Buy 1.6186 1.6157 -29 New crossover
2 Sell 1.6157 1.6057 100 New crossover
3 Buy 1.6057 1.6016 -41 New crossover
4 Sell 1.6016 1.6038 -22 New crossover
5 Buy 1.6038 1.6044 6 New crossover
6 Buy 1.6044 1.5925 -119 End-of-week trade
TOTAL -105

Fingers crossed for a good week next week!

XOXO,

Huck

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  • Shalom

    HI Huck,

    I am a noob and recently finished the babypips school. I started with your HLHB system from the link on the graduation page and really enjoyed your thought process and the system you posted. I know it has come a long way since then and this is where I am having trouble. I am trying to work through the various updates chronologically but I am not having much luck. This seems to be as far back as I can go and I know the original HLHB post is from 2009, so somehow I am missing 3 years of posts. I know I cant go through all the posts, I was hoping to focus on the ones where the system took changes. Would you be able to assist me in getting all your update posts for this system, and having in them order so that I could work though them and experience the various changes you made and their correlating effects. If you feel this is too tedious a project, could point me in the direction that I could best get myself up to speed with the latest version of your system, because in the end that is the ultimate goal.

    Thanks in advance for your time

    • Hucklekiwi Pip

      Hello and thanks for taking interest in the HLHB System! Are you sure you’d like to follow all three years of its progress though? I remember adding or subtracting a couple of indicators just to test them. No real developments, just trial and error. I could give you its current parameters and suggest a few tweaks you could make if you want. 🙂

      HLHB Trend-Catcher System parameters:
      1. Buy/Sell at 100 and 200 SMA crossovers. Buy if the 100 SMA crosses above the 200 SMA and sell if it crosses below the 200 SMA.
      2. Check if the crossover coincides with the RSI crossing above/below 50. Buy if the RSI crosses above 50 and sell if the SMA crossover coincides with the RSI crossing below 50.
      3. SMA crossover signal is invalidated if the RSI didn’t cross below/above 50.
      4. Buy/sell at the close of the signal candle.
      5. Place a 50-pip trailing stop and a 200-pip profit target.

      Other tools you could use:
      -Stochastic
      -ADX

      Hope this helps! 🙂