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Gbpusd trading system

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  • Post# 141
  • Quote
  • Dec 21, 2010 12:18am
  • michaelB
    Joined Jun 2007 | 64 Posts | Status: Member
Quoting howard
Just tick "Allow DLL Imports" and it will update automatically.
This option was already checked.
If I "refresh" the chart, price is updated to match Market Watch window.
Unfortunately, price remains fixed and does not update.
  • Post# 142
  • Quote
  • Dec 22, 2010 2:02am
  • tommbstone
    Joined Dec 2009 | 575 Posts | Status: Member
Ok guys I spoke to soon. I to am having trouble with the range bars not looking right.. Every few hours I must refresh the indicator and I'm missing signals. Of course the sidus also has to be constantly refreshed and so does this ECRTS this system looks very strong and has made me pips but cost me good entry scalps and missed trades.

Who can we get in here to work on the programing of these fantastic tools.

I guess we could buy the range bars indy
  • Post# 143
  • Quote
  • Dec 22, 2010 2:24am
  • sidhujag
    Joined Apr 2009 | 3,761 Posts | Status: Member
Quoting tommbstone
Ok guys I spoke to soon. I to am having trouble with the range bars not looking right.. Every few hours I must refresh the indicator and I'm missing signals. Of course the sidus also has to be constantly refreshed and so does this ECRTS this system looks very strong and has made me pips but cost me good entry scalps and missed trades.

Who can we get in here to work on the programing of these fantastic tools.

I guess we could buy the range bars indy
i think those arrows are painted after the ma has crossed course by then its too late
  • Post# 144
  • Quote
  • Dec 23, 2010 3:43am
  • dzhini
    Joined Jun 2010 | 105 Posts | Status: Member
Quoting tommbstone
Ok guys I spoke to soon. I to am having trouble with the range bars not looking right.. Every few hours I must refresh the indicator and I'm missing signals. Of course the sidus also has to be constantly refreshed and so does this ECRTS this system looks very strong and has made me pips but cost me good entry scalps and missed trades.

Who can we get in here to work on the programing of these fantastic tools.

I guess we could buy the range bars indy
Problems with Range Bars comes after big moves
  • Post# 145
  • Quote
  • Dec 23, 2010 8:56am
  • Dreamliner
    Joined Oct 2006 | 2,004 Posts | Status: Member
I have had no problem with range bars and this system is extremely profitable (using it just as on post number 1, except 30 pip range bars bars).
  • Post# 146
  • Quote
  • Dec 23, 2010 9:15am
  • zamanib
    Joined Aug 2007 | 1,514 Posts | Status: Member
Quoting Dreamliner
I have had no problem with range bars and this system is extremely profitable (using it just as on post number 1, except 30 pip range bars bars).
Any one who needs a error free rangebar script-- please contact-- if you willing to invest. I paid to get mine program. I am tired of hearing moaning-- some also post a link where you can buy it. But no one want to invest
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • Post# 147
  • Quote
  • Dec 23, 2010 9:16am
  • zamanib
    Joined Aug 2007 | 1,514 Posts | Status: Member
Quoting Dreamliner
I have had no problem with range bars and this system is extremely profitable (using it just as on post number 1, except 30 pip range bars bars).
A good trader recognize a good things---
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • Post# 148
  • Quote
  • Dec 23, 2010 10:59am
  • JdD
    Joined Dec 2010 | 12 Posts | Status: Member
I have no problems with Range Bar indicator. My brokers: roboforex and XTB Spain.

Now im forward-testing the strategy and indicators of post 1 on 10 currencies simultaneously (30 Pips Range Bar) for seeing if the arrows appear on the correct site.

If all is OK, I will try to create an EA using the buffer values of the indicator "EMA Cross RSI..."

When i can, i will send my forward results.

Thanks very much to Zamanib for sharing the indicators and strategy.

Greetings.


JdD
  • Post# 149
  • Quote
  • Dec 23, 2010 1:06pm
  • Dreamliner
    Joined Oct 2006 | 2,004 Posts | Status: Member
Has anybody noticed that when price goes higher than the previous high bar, then retraces to the open, and you open a short you'll make a lot of pips? Same for low.

So here is how it goes:

30 pip range bar.

A new bar has just formed. See if it goes higher than the previous bar high. If it does, set a pending order to go short at the open price and a target at the bottom of the current bar (which you will always know because it will be 30 pips from the high).

You can backtest this and see tremendous profitability. Any problems with this strategy that you can see?
  • Post# 150
  • Quote
  • Dec 23, 2010 1:43pm
  • zamanib
    Joined Aug 2007 | 1,514 Posts | Status: Member
Quoting Dreamliner
Has anybody noticed that when price goes higher than the previous high bar, then retraces to the open, and you open a short you'll make a lot of pips? Same for low.

So here is how it goes:

30 pip range bar.

A new bar has just formed. See if it goes higher than the previous bar high. If it does, set a pending order to go short at the open price and a target at the bottom of the current bar (which you will always know because it will be 30 pips from the high).

You can backtest this and see tremendous profitability. Any problems with this strategy...
Sounds interesting -- can you give us a few graphical (chart) example
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • Post# 151
  • Quote
  • Dec 23, 2010 1:44pm
  • zamanib
    Joined Aug 2007 | 1,514 Posts | Status: Member
Quoting JdD
I have no problems with Range Bar indicator. My brokers: roboforex and XTB Spain.

Now im forward-testing the strategy and indicators of post 1 on 10 currencies simultaneously (30 Pips Range Bar) for seeing if the arrows appear on the correct site.

If all is OK, I will try to create an EA using the buffer values of the indicator "EMA Cross RSI..."

When i can, i will send my forward results.

Thanks very much to Zamanib for sharing the indicators and strategy.

Greetings.


JdD
lets us know your result
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • Post# 152
  • Quote
  • Dec 23, 2010 2:09pm
  • Dreamliner
    Joined Oct 2006 | 2,004 Posts | Status: Member
Yes, I can, but not sure how to post a chart on here very good. I'll try. See the attached document.

By the way, the arrows (and pips generated) are not at all the only successful trades on the chart, they are just representative of the method. There are many more as you can see.



Quoting zamanib
Sounds interesting -- can you give us a few graphical (chart) example
Attached File
File Type: doc Strategy.doc   180 KB | 333 downloads
  • Post# 153
  • Quote
  • Dec 23, 2010 2:15pm
  • zamanib
    Joined Aug 2007 | 1,514 Posts | Status: Member
Do you mean like this-- today was extrmely pofitable-- 10 bars in row

if some one can whipup a indicator -- show arrow for this strategy
Attached Image (click to enlarge)
Click to Enlarge

Name: 9.gif
Size: 15 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • Post# 154
  • Quote
  • Dec 23, 2010 2:15pm
  • sidhujag
    Joined Apr 2009 | 3,761 Posts | Status: Member
Quoting JdD
I have no problems with Range Bar indicator. My brokers: roboforex and XTB Spain.

Now im forward-testing the strategy and indicators of post 1 on 10 currencies simultaneously (30 Pips Range Bar) for seeing if the arrows appear on the correct site.

If all is OK, I will try to create an EA using the buffer values of the indicator "EMA Cross RSI..."

When i can, i will send my forward results.

Thanks very much to Zamanib for sharing the indicators and strategy.

Greetings.


JdD
I had no problems with the RangeBar indicator but the arrows only paint when the EMA's cross(EMA CROSS RSI Indicator). At first glance it seems as though the arrows will get painted after the bar where they are pointing... and some good R:R exists at those arrows... but they only get painted later on when the EMA's cross... so you would need some logic for entry after the arrow gets painted... Looking at it the first time you would think you found the holy grail lol but its still good if you know when to enter (when volume will rise).

Jag
  • Post# 155
  • Quote
  • Dec 23, 2010 2:19pm
  • Dreamliner
    Joined Oct 2006 | 2,004 Posts | Status: Member
Yes precisely right! Look at profitable this is!

I have also got a system for trend, will share in a bit.

Quoting zamanib
Do you mean like this-- today was extrmely pofitable-- 10 bars in row

if some one can whipup a indicator -- show arrow for this strategy
  • Post# 156
  • Quote
  • Dec 23, 2010 2:24pm
  • sidhujag
    Joined Apr 2009 | 3,761 Posts | Status: Member
Quoting zamanib
Do you mean like this-- today was extrmely pofitable-- 10 bars in row

if some one can whipup a indicator -- show arrow for this strategy
Interesting...

so the losing trades would be the the up bars in a row which retraced below the open yet still finished up? SL would be 30 pips and TP would be < 30 pips... but the 10 bars in a row would give some good pips lol...

The best times would be when the market is ranging and when it is trending better to trade with the cross.
  • Post# 157
  • Quote
  • Dec 23, 2010 2:32pm
  • zamanib
    Joined Aug 2007 | 1,514 Posts | Status: Member
Quoting sidhujag
Interesting...

so the losing trades would be the the up bars in a row which retraced below the open yet still finished up? SL would be 30 pips and TP would be < 30 pips... but the 10 bars in a row would give some good pips lol...

The best times would be when the market is ranging and when it is trending better to trade with the cross.
I think you miss something-- if a bar retrace below a previous bar -- then you enter on the open -- and exit on the up --

so what you said is wrong-- that will be profit not loss-- dreamline please step in
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • Post# 158
  • Quote
  • Dec 23, 2010 2:34pm
  • MoreYummy
    Joined Sep 2008 | 449 Posts | Status: Newbie
How do you show rang bar on MT4?
  • Post# 159
  • Quote
  • Dec 23, 2010 2:34pm
  • Dreamliner
    Joined Oct 2006 | 2,004 Posts | Status: Member
I have noticed a trending and a ranging version of this. I'm going to try to put them both together. I think I will start a new thread so I don't piggyback on to this thread. Will let you know.


Quoting zamanib
I think you miss something-- if a bar retrace below a previous bar -- then you enter on the open -- and exit on the up --

so what you said is wrong-- that will be profit not loss-- dreamline please step in
  • Post# 160
  • Quote
  • Dec 23, 2010 2:56pm
  • sidhujag
    Joined Apr 2009 | 3,761 Posts | Status: Member
Quoting zamanib
I think you miss something-- if a bar retrace below a previous bar -- then you enter on the open -- and exit on the up --

so what you said is wrong-- that will be profit not loss-- dreamline please step in
No I meant what I wrote... you should read what I said MORE carefully.

The three bars up in a row you may have lost there if the bar retraced after making a new high... In these cases your caught in a short yet the bar finishes up.

What you said is wrong its a loss not a profit!

Jag
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