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- Zurathustra replied Jul 31, 2011
Unfortunantly, as with most systems, you have to place some kind of arbitrary number to some variable. I find this system works well enough on EURUSD m15 with the 30 pip CZ. Without some c Ultimately this system/indi looks to be a new take on the ...
- Zurathustra replied Jul 26, 2011
I can understand ForexHard's position; All too often on these and other forums someone will post a solid working simple system and not even a day later other people are suggesting changes or adding new indictors to "filter" trades. I "try" to avoid ...
- Zurathustra replied Jun 6, 2011
Current example trading this method. — Here is what a pending setup using this system looks like: image As you can see when the previous bar touched the Blue line, I placed a Buy Stop the the previous HIGH with a SL of the Previous LOW -5 ...
- Zurathustra replied Jun 6, 2011
Finally, on another note, the balance line you use (Blue Line) from the alligator is nothing more the a 13 Median MA Smoothed with an 8 shift. For the sake of keeping things as simple as possible for the explanation of the system. file What your ...
- Zurathustra replied Jun 6, 2011
I ran this through the back tester (yes I know unreliable BS) with what I believe to be proper settings for my timezone/broker etc. What I saw was an amazing way to loose money. See pic. image Now, imagine being able to "reverse" those settings ...
- Zurathustra replied Jun 6, 2011
Wouldn't it make more sense to only enter Buys OR Sells, not reverse? Here's my reasoning with a screenshot of a 25 Pip Renko for conceptual purposes. For those who dont know, each renko "brick" is 25 Pips. image Now, assuming you "Bought" ...
- Zurathustra replied May 4, 2011
OK, so maybe I'm not understanding how "White box hedge trading" is supposed to work, but from what I'm seeing on IBFX(US) its not working well at all. For instance right now on EURJPY its in a loosing sell trade posted on May 3.. now I'm guessing ...
- Zurathustra replied Aug 19, 2010
Understanding the Sixth Screen indicator and its correlation with Williams %Range — A few days ago I posted an updated version of the Sixth Screen indicator called Sixth Donchian. In that post I detailed how it could be used to get a good ...
- Zurathustra replied Aug 18, 2010
Several months ago I re-wrote the Sixth Screen indicator to first be a little more customizable in color choice, bar count, ability to shift forward/back, and adjust line width and type. But I also rewrote it so you can see "the past" accurately. ...
- Zurathustra replied Jul 23, 2010
After leaving the EA to trade on its on for a bit, two things have come to my attention: 1. By making the Buffer = Renko brick size the EA become profitable 2. A failure in my coding logic is causing some trades to turn into worse loosers then they ...
- Zurathustra replied Jul 22, 2010
Well... it seems my little experiment in insanity "may" have hit pay dirt. On a whim I changed the "buffer" to be the same size as my Renko brick. Here are the results I got over the last trade session I tested. image 1. Buy -2 2. Sell +6 3. Buy ...
- Zurathustra replied Jul 20, 2010
I agree having some SL is safe for those rare occasions your in a trade and you computer or internet connection dies. You could use a SL as small as one complete Renko Brick with this system. So, after I posted here last night I cobbled together an ...
- Zurathustra replied Jul 19, 2010
After staring at this renko chart long enough it occured to me there is a way to win 100% of the time. Its so blatantly simple that I had to ask myself if perhaps I had gone crazy.. or maybe I'm seeing something that isn't there. Here is the chart ...
- Zurathustra replied Jul 19, 2010
So I follow your advice and tried again changing the optimization from success score to win rate and sure enough it appears to be "working". Funny it didn't work when being optimized for success score and a minimum success score of 0 setting. ...
- Zurathustra replied Jul 19, 2010
OK, so after reading and re-reading how to get this EA working, I "believe" I have everything set up correctly. So after dropping it on a chart I've been waiting now for several hours for it to finish optimizing, but nothing has changed since I ...
- Zurathustra replied May 21, 2010
Well, I kinda covered this earlier in the thread, but in a nutshell the Donchian Channel shows the exact same info as the Sixth Screen Indicator, it just doesn't "repaint" the past I guess you could say. If you take both indicators and lay them on a ...
- Zurathustra replied May 21, 2010
So I decided to toss together an indicator to more easily do a visual back test, and in so doing I remembered the Donchian channel. Unfortunently I also remember the "point" behind the Donchian channel while I was making the indicator. ...
- Zurathustra replied May 21, 2010
Here is a screen shot of the modified Indicator with some lines I drew to explain whats happening. image You can see with Line A: A high had been established at 1.2436, you have started selling at 24 pips below that (1/6th previous low) with a SL ...
- Zurathustra replied May 14, 2010
I present to you. the Donchian Channel! Why does this matter to you or anyone else reading this thread? Because it works on the exact same principles as the Sixth Screen Indicator. Allow me to explain. The Sixth Screen Indicator: Finds the Highest ...
- Zurathustra replied May 12, 2010
I have been busy for the last week or so investigating ways to make the EA and this system more fool proof and profitable. I like the idea of entering counter to the trend, however finding when there actually is a trend reversal coming is quite ...