Disliked{quote}...Trade it, the OBVIOUS WAY, mate. The channel is a super cool idea. You screw it all up, with the stupid MA cross. The MA cross (the "signal") you are using will never going to work...Ignored
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Disliked{quote}...Trade it, the OBVIOUS WAY, mate. The channel is a super cool idea. You screw it all up, with the stupid MA cross. The MA cross (the "signal") you are using will never going to work...Ignored
Disliked{quote} I'm not sure what your purpose is here, mate. With both your posts you have only managed to bash this system and have added nothing constructive. I would call it trolling so far, wouldn't you? I see you are an HI member but your behaviour doesn't seem to be in line with your rank, so either say something useful, beyond "trade it the obvious way", or stop posting. Fair enough (or not?)Ignored
DislikedDamiend, not clear on Broker Time Item. I thought you explained it, but unable to locate post. My broker time is GMT +5. I normally view London open at 0900. Should I change broker time to read 0700?Ignored
Disliked{quote} What are your ideas to add Modern Times indicators to improve Richard Dennis 55 days /bars BO system? Below You can see the the AUDUSD 4H signal worked those time, but the SPY chart has failed a lot of times. ======================================== UPDATE: ACETRADER IDEA " Quoting acetrader Comoesta.... On the 15M tf try RSI @ 8 or 11. Higher tf such as 4H RSI @ maybe different setting. The RSI at 8 on 4H may help give you advance warning of a change. This is...Ignored
DislikedHi all, I'm following this thread with interest. Congratulations to mickeymar about this system. For Renko's fans, here is a possibilty to trade the system but you need to change the EMA. I tried EMA 17 for high and low and 13 for signal. Of course, the number of winning pips is increased. {image}Ignored
Disliked{quote} 2) A frequency filter for the reconfirmation signals - I think this is important. let me explain: sometimes the signal MA and the channel MA are almost overlapping, and if price spikes a few times, the signal EA can actually make several crossovers in a very short time, resulting in unnecessary, excessive exposure. This is what happened last night on AUDCHF (see picture below, entries are marked by the EA). Solution: a filter (customizable, if possible) that would prevent any trades on the same pair to be open at less than, say, 20 pips...Ignored
Disliked{quote} Mickey, I understand your point about the frequency filter. I have thought about a solution and I'm not sure that setting a pip distance is the best one, as we could probably want to add on a winning position on a reconfirmation signal (that could be some hours or days after the first signal) even when the pip difference between trade #1 and trade #2 is less than X pips. Instead could we use a minimum time between two valid signals parameter? I mean if the first signal appears at 09:00AM, and MinTimeBetween2Signals=2 hour, we would not take...Ignored
DislikedHi cesar8, We look for the ATR indicator as it is on your chart. Can you give it to me ? Regards,Ignored
DislikedHello, I asked a question yesterday that has not been answered... but. Today ive had the AMA by Elsar running, it took like 90 trades, all losing, all around .50 or less... None allowed a 40 pips Loss while none allowed a 50 point TP. ive also had the DD EA running since 5pm last night, it has not taken one trade, it is set on GU and EU 15m, both show a smiley face in the top right contener, but at the bottom left it reads Stopped, while Elsars EA read working... Please inform me if I’ve loaded it wrong.Ignored
Disliked{quote} Mickey, I understand your point about the frequency filter. I have thought about a solution and I'm not sure that setting a pip distance is the best one, as we could probably want to add on a winning position on a reconfirmation signal (that could be some hours or days after the first signal) even when the pip difference between trade #1 and trade #2 is less than X pips. Instead could we use a minimum time between two valid signals parameter? I mean if the first signal appears at 09:00AM, and MinTimeBetween2Signals=2 hour, we would not take...Ignored
DislikedHello, I asked a question yesterday that has not been answered... but. Today ive had the AMA by Elsar running, it took like 90 trades, all losing, all around .50 or less... None allowed a 40 pips Loss while none allowed a 50 point TP. ive also had the DD EA running since 5pm last night, it has not taken one trade, it is set on GU and EU 15m, both show a smiley face in the top right contener, but at the bottom left it reads Stopped, while Elsars EA read working... Please inform me if I’ve loaded it wrong.Ignored