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Nb 1.0 trend trade system

  • #1,381
  • Jan 12, 2012 8:49am Jan 12, 2012 8:49am
Many thanks to let me know. I started this thread frome 1 to 42 until you alert me
I jump in the other thread right now. Thanks again !!!!

Quoting ByteJuggler
MickaelFX, be sure to view the *10*.x trend trading thread here:
http://www.forexfactory.com/showthread.php?t=308304

This thread (the *1*.0 system) is a predecessor to what eventually turned into 10.0 trend and later 10.1 trend systems.
  • #1,382
  • Jan 23, 2012 4:22pm Jan 23, 2012 4:22pm
Hi i'm aware that 10.0 system is out but i really like this 1.0 system so i have a couple questions.
I did some backtesting for all majors in December 2011.The results were just too good to be true.I mean every single trade signal was right.When price went out of the TMA and back in,it always went the desired way. I also noticed that the best TP targets were the other end of the tma channel,not the blue line inside it.In like 90% of the signals the PA always crossed the blue line and touched the opposite line of TMA,so it seems to me that it is a better TP target.
I have to admit that all this made me very skeptical so i'd like some answers please.
Firstly,are the backtesting results real?I mean,does the tma give different(false) signals real-time and then it repaints some way and give the right ones?
Secondly,i read the thread and the instrutions as carefuly as i could but i am a bit lost with all these templates and EAs.
I want to trade only the H1 timeframe so what template should i use and which of the EAs should i attach on it?I can understand the sell and the buy,but what is the diferrence between the 5x5 EA and the close ATF?what is the difference between the templates?
I would really appreciate it if someone could make all this a bit more clear for me.Thanks in advance.
  • #1,383
  • Jan 23, 2012 6:42pm Jan 23, 2012 6:42pm
Quoting eremix
Hi i'm aware that 10.0 system is out but i really like this 1.0 system so i have a couple questions.
I did some backtesting for all majors in December 2011.The results were just too good to be true.I mean every single trade signal was right.When price went out of the TMA and back in,it always went the desired way. I also noticed that the best TP targets were the other end of the tma channel,not the blue line inside it.In like 90% of the signals the PA always crossed the blue line and touched the opposite line of TMA,so it seems to me that it is...
Most of the majors were trending strongly so that made it easy for the system to work. The 5x5 is an enter only EA and the close ATF only closes trades. So you use the 5x5 to enter a trade then if you wish you can use the ATF to close a trade. If you use it say on the 15M chart you will get a quick exit on the first retracement. If you use it on a 4H chart then you can let the trade run much longer. You base that usage on your understanding of what is driving the currency. In other words it works on all Time Frames. The difference between 10.0 and 1.0 is we added a definition for range trading which was the 1.0 weakness. 10.1 uses support and resistance lines instead of MA ea for entrances. This gives you more chances to enter into the trend and gives better signals of when to take a profit.
  • #1,384
  • Jan 24, 2012 2:43am Jan 24, 2012 2:43am
Quoting nanningbob
Most of the majors were trending strongly so that made it easy for the system to work. The 5x5 is an enter only EA and the close ATF only closes trades. So you use the 5x5 to enter a trade then if you wish you can use the ATF to close a trade..
I appreciate your help.i ll do more backtesting to see how it works in ranging periods as well.Do you trade 1.0 now or do you trade only 10.1? If i understand well,it gives better results.I ll give it a try as well.
  • #1,385
  • Jan 24, 2012 9:11am Jan 24, 2012 9:11am
Quoting eremix
I did some backtesting for all majors in December 2011.The results were just too good to be true.I mean every single trade signal was right.When price went out of the TMA and back in,it always went the desired way. I also noticed that the best TP targets were the other end of the tma channel,not the blue line inside it.In like 90% of the signals the PA always crossed the blue line and touched the opposite line of TMA,so it seems to me that it is a better TP target.
I have to admit that all this made me very skeptical so i'd like some answers please.
Firstly,are...
Very good to be skeptical. If you mean by "backtest" that you scrolled back and looked at the charts you will see perfect setups, fantastic returns, "I'm getting the Ferrari next week" situations. It doesn't work that way. If you want to watch the TMA in real time, open the 1 minute chart and watch TMA for a while. You will see an Up signal turn into a Down signal and then looks like the Up never happened. I know, I tried to code an EA using TMA and it was a disaster. To see the TMA in backtest you need to set up a template, then use the Strategy tester in Visual mode (pick any Expert, doesn't matter) then pause it an apply your template. Then you can watch in "real" time what happens. Regardless, this system was the first one I found that actually started putting money in my account until the U.S. started playing Investor Police and now we have to have a much larger account to use this method. So try it out, and read 10.0 if you have not. Continue to be skeptical until you trust yourself to make winning decisions, whatever system you decide to use, preferably in a demo account or trading a penny account so you don't lose all your money while you are learning.
  • #1,386
  • Jan 24, 2012 9:38am Jan 24, 2012 9:38am
Quoting ericjschroed
Regardless, this system was the first one I found that actually started putting money in my account until the U.S. started playing Investor Police and now we have to have a much larger account to use this method.
I dont understand.What happened?Why dont they let you use it?i have only tried it in demo.Will i have a problem going live with this system?
  • #1,387
  • Jan 29, 2012 11:21am Jan 29, 2012 11:21am
Quoting eremix
I dont understand.What happened?Why dont they let you use it?i have only tried it in demo.Will i have a problem going live with this system?
It's not that they won't let us use it, but we are capped at 1:50 margin which means we need a lot of money in the account to make a small profit because this original system doesn't use SLs and you have to be able to handle the drawdowns until you zero out the trade or have to take the occasional loss. Also the FIFO rule means it's confusing if you have more than one trade in a pair, trying to zero out a DD. If you are not a U.S. citizen, it should be ok.
  • #1,388
  • Mar 17, 2012 4:51pm Mar 17, 2012 4:51pm
Not that anyone is here but.... I'm still trading NB 1.0 with much success.
  • #1,389
  • Mar 17, 2012 7:54pm Mar 17, 2012 7:54pm
Quoting greglegrande
Not that anyone is here but.... I'm still trading NB 1.0 with much success.
I still use the 5x5 to enter some trades.
  • #1,390
  • Mar 18, 2012 9:47pm Mar 18, 2012 9:47pm
I always use the 5x5 my friend. hope all is well with you.
  • #1,391
  • Apr 18, 2012 2:10pm Apr 18, 2012 2:10pm
Hello Bob,

Do you happen to have 5x5 EAs for the one hour TF? It might even have another name.

If you could provide it, that would be great?! Or, let me know know what the Moving Average that triggers the EA needs to be for the H1 TF.

Thanks in advance for whatever assistance you can provide regarding this issue.

Regards,
-Frank
  • #1,392
  • Apr 18, 2012 5:44pm Apr 18, 2012 5:44pm
Quoting fmuir
Hello Bob,

Do you happen to have 5x5 EAs for the one hour TF? It might even have another name.

If you could provide it, that would be great?! Or, let me know know what the Moving Average that triggers the EA needs to be for the H1 TF.

Thanks in advance for whatever assistance you can provide regarding this issue.

Regards,
-Frank
This is Steve Hopwoods EA, it will work on any TF. It has its safety feature on which means it will not trade until you hit the yes button to trade. If you put it on the 1H chart it will trade the 1H chart. If you put it on a 4H chart it will trade on the 4H chart. If you switch to a 15M chart it will ask if you want to trade? If you say yes it will trade the 15M chart. If you say no you have turned the EA off. When you want to turn it back on again go to the 1H chart and turn it on. It also trades one time and then shuts off. So once it enters a trade it will not trade again until you turn it back on.

The settings are 5MA Open SMMA shifted 5, so you can set your MA line on your screen to the same settings. If you wish the settings to be changed let me know. So it will traded whatever chart you want and only works when you hit the yes button on the chart you have it on. Please test it first on a demo because I have not tested it at these settings.
Attached File(s)
File Type: zip 5x5.zip   13 KB | 808 downloads
  • #1,393
  • Edited 6:58pm Apr 18, 2012 6:27pm | Edited 6:58pm
Hello Nanningbob,

The zip file contained just what I needed! Thanks for such a quick response.

I have versions of 1.0 5x5 Sell and 1.0 5x5 Buy that have the TF set to Period_M15. I had gotten those from this thread and also Al's Extreme TMA thread. I will substitue the ones I just received for those others.

I guess that I was under the impression [mistakenly, apparently] that a 5MA on a M15 TF was equivalent to a different MA on another TF.

Regards,
-Frank
  • #1,394
  • Apr 19, 2012 12:41am Apr 19, 2012 12:41am
Quoting fmuir
Hello Nanningbob,

The zip file contained just what I needed! Thanks for such a quick response.

I have versions of 1.0 5x5 Sell and 1.0 5x5 Buy that have the TF set to Period_M15. I had gotten those from this thread and also Al's Extreme TMA thread. I will substitue the ones I just received for those others.

I guess that I was under the impression [mistakenly, apparently] that a 5MA on a M15 TF was equivalent to a different MA on another TF.

Regards,
-Frank
I am reviving this EA with my 10.2 update.
  • #1,395
  • Apr 19, 2012 1:07am Apr 19, 2012 1:07am
Quoting nanningbob
I am reviving this EA with my 10.2 update.
Nanningbob,

When do you anticipate that you will be starting a new thread for 10.2?

Also, could you use some more volunteer help? If so, let me know and I'll send a PM!

-Frank
  • #1,396
  • Apr 19, 2012 2:01am Apr 19, 2012 2:01am
Quoting fmuir
Nanningbob,

When do you anticipate that you will be starting a new thread for 10.2?

Also, could you use some more volunteer help? If so, let me know and I'll send a PM!

-Frank
Yes send PM to me with your email address and I will send out the rough drafts. I have sent out the first 1/3 to be previewed. A comment made let me make a small change in the system. I will hope to finish the 2/3 tonight and send out and finish the last third this weekend. Final testing and touches then end of April or early May. I may stay with 10.0 thread and call it an update. That way we can have some continuation.
  • #1,397
  • Nov 15, 2012 9:11pm Nov 15, 2012 9:11pm
Quoting greglegrande
Little bit of a reach since the TMA was sloping down and the 240MA was looming large as an obstacle but I really wanted to try out NONFICTION'S INCREDIBLE NB 1.0 TREND TRADER MANAGER so I did force it a little but it worked out and the best part of it was I entered and walked away...came back to a 68 pip profit 12 hours later. I highly recommend that you use nonfiction's trade manager. It takes all the emotion out of your trading. Enter...set it....and for heaven's sake...WALK AWAY!

On another note bioinfor...you're correct there have...
Hi,gre,i read all this thread and i found your template very intersting, i have trapped in a simple problem:when i use your template,my indicator DveMashki is different with yours,see charts below,i think someone can help me.I'm a newbies in forextrading.

sorry for my poor english
THANKS A LOT
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 198 KB
Click to Enlarge Name: 2.jpg Size: 209 KB
  • #1,398
  • Nov 17, 2012 12:21pm Nov 17, 2012 12:21pm
not sure what you mean. Just ignore that last line of indicators.
  • #1,399
  • Last Post: Nov 17, 2012 6:18pm Nov 17, 2012 6:18pm
Quoting greglegrande
not sure what you mean. Just ignore that last line of indicators.
thank you for your reply ,gre.
i'm sorry you have been confused.
i mean ,in your chart the indicator has 4 lines, but when i use your template, the indicator shows 5 lines.
How do i setup this indicator?
thanks again for your patient!
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