70: 3% Profit Each Day with Crazy 95% Win Rate w/ Derek VanDelinder

by Cam Hawkins | Apr 12, 2017 | 22 comments

Out of the United States, Vancouver, Washington, Derek found his way to profitable trading in about six months. A scalper by definition, he loves the one minute chart, even though he’s looking for a trade to be confirmed by bigger timeframes as well.

Derek’s profitability is impressive: 95%-98% winning rate. A strong believer in pattern recognition, the best advice he has is to NOT focus on money when trading.

His trading strategy is based on bespoke patterns that have the tendency to repeat on and on, and he simply trades them as they appear. Most of the time Derek trades the GBPJPY pair but can be found trading the EURUSD, among others. You can find out more about his strategy in the interview below or join his program at Angel Traders.

In the show Derek shares:

His approach to scalping
The special number that stops him over trading
His money management system
His biggest drawdown and how he handled the market heat

Get The Full Series

22 Comments

XxxRi on April 12, 2017 at 11:41 am

also would be great to see myfxbook link…
Solomon on April 18, 2017 at 5:58 pm

Has Derek strike out on his own now? Part company with Damon?
Solomon on April 18, 2017 at 6:00 pm

Is this pattern, he is calling shark fin? https://uploads.disquscdn.com/images/e523ca4342a072a05bbf298912dbfda352a6314a3f30be01a0cac73cd0876dbb.jpg
- Avdo Hadziavdic on April 20, 2017 at 11:59 am
  
  hey Solomon, no it’s not..Shark Fin is actually when RSI on TDI breaks BB up or down, and then it looks like shark fin on sea.. on lower side of TDI it looks like inverted shark fin
  - Solomon on April 20, 2017 at 5:04 pm
    
    Thanks Avdo. It is good to see you are active on 52traders.
    Seems Derek, is a bit busy to respond to queries.
    I would like to peruse this “shark fin” further.
    What are the settings for the RSI and is the TDI indicator (never heard of it) a custom indicator? Where would I get it and what is the settings?
    Thanks for your help
    - Avdo Hadziavdic on April 23, 2017 at 9:38 pm
      
      Hey Solomon.. you can either buy TDIpro indicator, or you can create your own custom TDI(not TDI but you will get the same indicator) with a few clicks:
      1. install RSI indikator window (RSI period 13)
      2. drag and drop bollinger bands into the same window(period 34)
      
      Hope this helps buddy.. but contact Derek also, he’s master of Shark Fins 🙂
      - Chad Hilton on May 8, 2017 at 5:23 am
        
        THIS IS GREAT!!!!
      - Prince K on May 11, 2017 at 11:51 pm
        
        There are like 3 different Bollinger Bands on can you tell me why and do you maybe know what the settings / deviation are?
      - FX Kardec on May 12, 2017 at 5:19 pm
        
        I believe is Bollinger Bands 20 with deviations of 2.0, 2.5 and 3.0
    - FX Kardec on May 12, 2017 at 4:50 pm
      
      You can also find it in several internet site for free. Here’s one example http://www.best-metatrader-indicators.com/traders-dynamic-index-tdi/
James Dale on July 11, 2017 at 3:46 pm

So in the bottom indicator window we have MACD (parameters??), Bollinger bands period 34 and RSI period 13, is that correct?