• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 5:16am
  • Search
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 5:16am
Search
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Search
Search
Search

Bookmark Thread

First Page First Unread Last Page Last Post

Printable Version

Similar Threads

The Grand Forecaster (TGF) Journal 14 replies

anyone check out the Joe Chalhoub fx forecaster indicator?? 2 replies

Auto trend forecaster in bars? 8 replies

Forecaster-5 min 19 replies

  • Trading Systems
  • /
  • Reply to Thread
  • Subscribe
  • 28
Attachments: joe chalhoub fx forecaster system
Exit Attachments

joe chalhoub fx forecaster system

  • Last Post
  •  
  • Page 1 23 4
  • Page 1 23 4
  •  
  • Post #1
  • Quote
  • First Post: Feb 18, 2018 10:10pm Feb 18, 2018 10:10pm
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
Heres my system i've been demoing. check it out. First let me explain with this indicator. If you notice the entry lines they are always the first small

histogram bar that appears below or above the center point. above is a buy signal. below is a sell signal. if you look majority of the time these trades

go into profit and usually big profit. also on the exits it is usually a small loss compared to the huge wins.I only trade on the 1 and 4 hour time

frames with this system. you either exit on clean pure price action reversal candles or you exit when the histogram shows no more blue bars and it

turns to white.(i changed the histogram to blue in settings) also,if you look at the histogram and you are in a trade and it looks like the histogram is

a very small slope i usually get out break even or a small win or loss. i think i got something here. been demoing it and so far so good. the indicator

is free its called joe chalhoub fx forecaster i use it on mt4. google it. it is free. let me know what you guys think of this strategy. check out the screen shot. Also

this system requires you to be able to withstand large pip moves in negative direction, but if you look it usually always goes in profit.
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot2.png
Size: 135 KB
Make it as perfect as you can....
  • Post #2
  • Quote
  • Feb 18, 2018 10:18pm Feb 18, 2018 10:18pm
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
heres the indicator download
Attached File
File Type: mq4 JoeChalhoub_FXForecasterV1.mq4   25 KB | 1,787 download
Make it as perfect as you can....
  • Post #3
  • Quote
  • Feb 18, 2018 10:28pm Feb 18, 2018 10:28pm
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
heres the most recent eur/usd entrys from last week. the profit potential is huge..........
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot1.png
Size: 131 KB
Make it as perfect as you can....
1
  • Post #4
  • Quote
  • Feb 18, 2018 10:48pm Feb 18, 2018 10:48pm
  •  Ivanyo
  • Joined Apr 2014 | Status: Member | 692 Posts
Quoting philstodd
Disliked
heres the most recent eur/usd entrys from last week. the profit potential is huge.......... {image}
Ignored
Sarcastic?

Look at your P&L

Also who is joe chalhoub?
  • Post #5
  • Quote
  • Feb 18, 2018 11:33pm Feb 18, 2018 11:33pm
  •  maxwell-eqtn
  • | Joined May 2008 | Status: Member | 744 Posts
The indi is based on OSMA and moving averages, so I am guessing it does not repaint.

Anyway, I am testing it out........, looks promising.

Thanks Philstodd
  • Post #6
  • Quote
  • Feb 18, 2018 11:43pm Feb 18, 2018 11:43pm
  •  lctrader11
  • | Joined Mar 2016 | Status: Member | 297 Posts
Just to be clear, what are the MA values?
  • Post #7
  • Quote
  • Feb 18, 2018 11:45pm Feb 18, 2018 11:45pm
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
you got it. any upgrades anyone notices with this indicator to increase profits or limit losses would be great. so far the big upside to this indicator is

majority time it goes into profit.
Make it as perfect as you can....
  • Post #8
  • Quote
  • Feb 18, 2018 11:52pm Feb 18, 2018 11:52pm
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
Quoting Ivanyo
Disliked
{quote} Sarcastic? Look at your P&L Also who is joe chalhoub?
Ignored
I didnt take all those trades. I'm just showing some training charts. alsoi started the demo account with 50k. up to 60k and that was seriously only a

few trades. I havn't been consistently trading it everyday because i work a regular job.(long hours)...as for now...10k profit
Make it as perfect as you can....
  • Post #9
  • Quote
  • Feb 19, 2018 2:23am Feb 19, 2018 2:23am
  •  petemech
  • | Joined Mar 2015 | Status: Member | 19 Posts | Online Now
Hi there,
indicator looks very interesting and i am about to give it a go
Anybody know how to change the colours in the indicator ?
(Would preferably like green or blue for buy and red or similar for sell )


Pete
  • Post #10
  • Quote
  • Feb 19, 2018 5:31am Feb 19, 2018 5:31am
  •  alhalawi
  • Joined Aug 2013 | Status: Member | 239 Posts
what is your MA or EMA settings please ?
  • Post #11
  • Quote
  • Feb 19, 2018 6:38am Feb 19, 2018 6:38am
  •  Tomcat98
  • | Joined Nov 2006 | Status: Member | 92 Posts
Hi,
Long away known as a repainter indic.
Stop dreaming.
https://www.mql5.com/en/code/9135
Take care
Tomcat98
  • Post #12
  • Quote
  • Feb 19, 2018 8:24am Feb 19, 2018 8:24am
  •  pro-trading
  • | Joined Jan 2018 | Status: Member | 44 Posts
hi philstodd
I do not use Metatrader,
can you please post the kind and value of your MAs
Otherwise your system/strategy is not clear for me
best regards
  • Post #13
  • Quote
  • Feb 19, 2018 9:23am Feb 19, 2018 9:23am
  •  Patso
  • | Joined Dec 2009 | Status: Member | 154 Posts
Quoting philstodd
Disliked
Heres my system i've been demoing. check it out. First let me explain with this indicator. If you notice the entry lines they are always the first small histogram bar that appears below or above the center point. above is a buy signal. below is a sell signal. if you look majority of the time these trades go into profit and usually big profit. also on the exits it is usually a small loss compared to the huge wins.I only trade on the 1 and 4 hour time frames with this system. you either exit on clean pure price action reversal candles or you exit...
Ignored
Interesting, thanks for sharing.
  • Post #14
  • Quote
  • Feb 19, 2018 9:55am Feb 19, 2018 9:55am
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
Quoting Tomcat98
Disliked
Hi, Long away known as a repainter indic. Stop dreaming. https://www.mql5.com/en/code/9135 Take care Tomcat98
Ignored
So far I have not noticed any repainting because if you look the trend could go against you and then come right back. Which means you would be negative in Pips sometimes.
Make it as perfect as you can....
  • Post #15
  • Quote
  • Feb 19, 2018 10:00am Feb 19, 2018 10:00am
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
Quoting pro-trading
Disliked
hi philstodd I do not use Metatrader, can you please post the kind and value of your MAs Otherwise your system/strategy is not clear for me best regards
Ignored
Once I get home from work I will give you the moving averages when I can get on my computer.
Make it as perfect as you can....
  • Post #16
  • Quote
  • Feb 19, 2018 5:59pm Feb 19, 2018 5:59pm
  •  Tomcat98
  • | Joined Nov 2006 | Status: Member | 92 Posts
Quoting philstodd
Disliked
{quote} So far I have not noticed any repainting because if you look the trend could go against you and then come right back. Which means you would be negative in Pips sometimes.
Ignored
Then open the code.
Tomcat98
  • Post #17
  • Quote
  • Feb 19, 2018 6:19pm Feb 19, 2018 6:19pm
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
Quoting pro-trading
Disliked
hi philstodd I do not use Metatrader, can you please post the kind and value of your MAs Otherwise your system/strategy is not clear for me best regards
Ignored
10 exponential moving average set to the high and 20 exponential set to the low
Make it as perfect as you can....
  • Post #18
  • Quote
  • Feb 19, 2018 9:22pm Feb 19, 2018 9:22pm
  •  profitkeeper
  • Joined May 2010 | Status: Member | 375 Posts
The indicator does look good in hind sight, however it does do a form of repainting. If you switch timeframes from say a M15 to M30 and back again, you will see the entry signals in different places (usually about 2 or three bars different on the most recent signals). Leave the indicator on for a couple of hours and try it. The indicator works OK if you do the reset as mentioned before you think a signal may come up.
  • Post #19
  • Quote
  • Feb 20, 2018 2:56am Feb 20, 2018 2:56am
  •  philstodd
  • Joined Feb 2015 | Status: Member | 88 Posts
if u look above from eur/usd chart i posted since then....58 pip move down....beautiful
Attached Image (click to enlarge)
Click to Enlarge

Name: Screenshot1.png
Size: 83 KB
Make it as perfect as you can....
  • Post #20
  • Quote
  • Feb 20, 2018 3:01am Feb 20, 2018 3:01am
  •  Esosa
  • | Joined Jun 2012 | Status: Member | 242 Posts
So what is the way forward regarding repainting issue?
Thread Tools Search this Thread
Show Printable Version Show Printable Version
Email This Thread Email This Thread
Search this Thread:

Advanced Search

  • Trading Systems
  • /
  • joe chalhoub fx forecaster system
  • Reply to Thread
    • Page 1 23 4
    • Page 1 23 4
0 traders viewing now
  • More
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2019