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"vForce" the revolution
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Mar 2, 2009 10:27pm
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"vFORCE" The Revolution
Dear Traders,
At last after countless days and untold amounts of time I have created what I feel is my finest work in my 7 years in forex. With the help of Robdee and his superior MT4 skills whom has created the fine layout of these charts and programming 8 indicators into 1 super efficient alert system vForce has reached its launch stage. The charts below will tell all as Rob and I attempt to take all traders on the ride of a lifetime turning a seemingly difficult and wild market and taming it into a super efficient profit making machine. Attached to this post is the vForce zip folder with a PDF document.Read that first as it contains all the needed information including instruction on how to use the system and load the indicators. Also please read all the included documents.
Best regards,
ForexJedi and Robdee
__________________
[SIGPIC][/SIGPIC]
Stacking pips since 2002
Last edited by forexjedi, Mar 5, 2009 7:12pm
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Mar 2, 2009 10:56pm
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I have a question. In the indicator settings do we need to enter 100 for 5 decimal brokers? or the indicator will handle both 4 and 5 decimal brokers?
Thanks
Karun
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Mar 2, 2009 10:58pm
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Example trades of the vForce in action
Here are some examples of the vForce in action. The price marker shows the 10 pips distance from the direction of the signal.
__________________
[SIGPIC][/SIGPIC]
Stacking pips since 2002
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Mar 2, 2009 11:01pm
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Karun,
Thanks for stoping in. The indicator should be able to handle both 4 and 5 decimal brokers.
FJ
Quote:
Originally Posted by karun
I have a question. In the indicator settings do we need to enter 100 for 5 decimal brokers? or the indicator will handle both 4 and 5 decimal brokers?
Thanks
Karun
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__________________
[SIGPIC][/SIGPIC]
Stacking pips since 2002
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Mar 2, 2009 11:08pm
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decimal 5 brokers
Quote:
Originally Posted by karun
In the indicator settings do we need to enter 100 for 5 decimal brokers? or the indicator will handle both 4 and 5 decimal brokers?
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I assume you mean the ConfirmPips = 10 setting in vForceAlerts?
I have not tested on a decimal 5 broker but the code uses the internal MT4 variables for converting between decimal numbers and pips so in theory you should leave the setting at 10 and MT4 will do the conversions.
I will be interested to hear from anyone using a broker with 5 decimal points in their prices. RD
Update:
A new version of vForceAlerts now includes all the 5 decimal price conversions. Default user settings work correctly on both 4 decimal and 5 decimal systems. Download the new version from post 101...
http://www.forexfactory.com/showpost...&postcount=101
Last edited by robdee, Mar 3, 2009 7:08am
Reason: new version includes all decimal price conversions
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Mar 2, 2009 11:08pm
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Quote:
Originally Posted by forexjedi
Karun,
Thanks for stoping in. The indicator should be able to handle both 4 and 5 decimal brokers.
FJ
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The indicator seems interesting, at some cases it looks like we may need to trail the stops tightly. On the first glance it looks very good, will give it a try for some time and lets see how it goes. BTW, for confirmpips settings we do need to enter 100 in case its a five digit broker.
Thanks
Karun
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Mar 2, 2009 11:11pm
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Quote:
Originally Posted by robdee
I assume you mean the ConfirmPips = 10 setting in vForceAlerts?
I have not tested on a decimal 5 broker but the code uses the internal MT4 variables for converting between decimal numbers and pips so in theory you should leave the setting at 10 and MT4 will do the conversions.
I will be interested to hear from anyone using a broker with 5 decimal points in their prices. RD
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Yes, I was referring to ConfirmPips setting only. I use 5 decimal point broker.
Thanks
Karun
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Mar 2, 2009 11:13pm
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Glad to be here from the start. Looks very promising.
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Mar 2, 2009 11:16pm
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Paradoxical,
A big welcome to you and everyone visiting to experience the vForce from Robdee and I.
Quote:
Originally Posted by paradoxical
Glad to be here from the start. Looks very promising.
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__________________
[SIGPIC][/SIGPIC]
Stacking pips since 2002
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Mar 2, 2009 11:23pm
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Thanks for Sharing Forexjedi,
I had a couple of questions.
1. Can u also trade this on a 5 min. timeframe?
2. I noticed on past charts with Eur/Usd that the a blue candle appeard and then followed by a green candle however the green candle was not 12 pips higher than the high of the blue candle. Again these are past charts. Is there a reason for this?
I will test this indicator, and report back, thank you again for the time with this strategy.
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Mar 2, 2009 11:23pm
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Long signal vs 10 pips filter tag
A fine example of how the 10 pip filter tag saves you from loosing pips. To make it be know this system has a 70% chance of making at least 30 pips when a trade is initiated by the rules.
FJ
__________________
[SIGPIC][/SIGPIC]
Stacking pips since 2002
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Mar 2, 2009 11:24pm
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My 5 digit broker needs the conversion done by the EA
Robdee-
Great work!
When ODL closed its US offices we were all switched to FXCM, a 5 digit broker. FXCM sent us email instructions to add variable(s) to our EA's to properly set trade params and avoid confusion in the EA community. They suggested something along these lines:
extern bool MicroPips = true;
.......
int Pips = 1;
if (MicroPips == true) Pips = 10;
theHigh = High[i]*Pips*Point; // or whatever function you need
What I did find interesting, maybe a bug, is that even though the manual interface would only allow TP and SL's 10 or more pips away, the EA was allowed to set TP and SL of less than 10 pips. As if the server didn't convert from 5 to 4 digits when parsing the incoming EA instructions. So I was able to accidentally set a 20 micropip SL instead of a 20 pip SL, and the server accepted it (and hit it  )!
Good luck!
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Mar 2, 2009 11:25pm
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Fxcash,
This system is optimal only on the 15min chart. All the rules and indicators inside the alerts are tailored to the 15min chart for the EU only.
FJ
Quote:
Originally Posted by Fxcash
Thanks for Sharing Forexjedi,
I had a couple of questions.
1. Can u also trade this on a 5 min. timeframe?
2. I noticed on past charts with Eur/Usd that the a blue candle appeard and then followed by a green candle however the green candle was not 12 pips higher than the high of the blue candle. Again these are past charts. Is there a reason for this?
I will test this indicator, and report back, thank you again for the time with this strategy.
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__________________
[SIGPIC][/SIGPIC]
Stacking pips since 2002
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Mar 2, 2009 11:27pm
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Member
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Quote:
Originally Posted by Fxcash
Thanks for Sharing Forexjedi,
I had a couple of questions.
1. Can u also trade this on a 5 min. timeframe?
2. I noticed on past charts with Eur/Usd that the a blue candle appeard and then followed by a green candle however the green candle was not 12 pips higher than the high of the blue candle. Again these are past charts. Is there a reason for this?
I will test this indicator, and report back, thank you again for the time with this strategy.
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In this case, if you look at subsequent candles, atleast one of them would have breached that 12 pips marker. However it appears that only the immediate candle to signal candle changes color, not the actual candle which initiated the trade.
forexjedi / robdee,
Please correct me, if I am wrong.
Thanks
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Mar 2, 2009 11:31pm
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Karun,
This system is optimal only on the 15min charts for EU only. All the indicators inside the vForceAlerts are tailored to the 15min chart. If you look at it on any other chart it may not make any sense as the alerts so not line up. Please my chart below for a recent example. If this doesnt answer your question please post your chart so I can have a better understanding.
FJ
Quote:
Originally Posted by karun
In this case, if you look at subsequent candles, atleast one of them would have breached that 12 pips marker. However it appears that only the immediate candle to signal candle changes color, not the actual candle which initiated the trade.
forexjedi / robdee,
Please correct me, if I am wrong.
Thanks
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__________________
[SIGPIC][/SIGPIC]
Stacking pips since 2002
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