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Channel MA Short-Term System

  • #541
  • Nov 3, 2017 5:36am Nov 3, 2017 5:36am
Quoting mojepole
Hi, Has anyone tested on DE30? below 1/Nov/216-1/Nov/2017 {image}
what about ur version & set ?
thanks
Regard NOOR16
  • #542
  • Nov 3, 2017 5:49am Nov 3, 2017 5:49am
Guys, I finished the initial testing and these are the results (tested from 2015-2017). I will go live with these settings.
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  • #543
  • Nov 3, 2017 5:59am Nov 3, 2017 5:59am
Quoting MickeyMar
Guys, I finished the initial testing and these are the results (tested from 2015-2017). I will go live with these settings. {image} {image} {image} {image}
May I know if you'll be limited only to these 4 pairs for your live trading...?
  • #544
  • Nov 3, 2017 6:06am Nov 3, 2017 6:06am
Quoting fxenthusiast
{quote} May I know if you'll be limited only to these 4 pairs for your live trading...?
Initially yes, then if I am comfortable with other pairs' results I will gradually add them. I tested basket trading the EA for some time now (a few weeks) but I still haven't made steady profits in that demo (automatically), so I'm still researching the optimal settings. For me now trading the EA with some manual discretion on limited pairs seems like the best option.
  • #545
  • Nov 3, 2017 6:35am Nov 3, 2017 6:35am
Quoting MickeyMar
{quote} Initially yes, then if I am comfortable with other pairs' results I will gradually add them..........
Thanks for the info.
  • #546
  • Nov 3, 2017 6:50am Nov 3, 2017 6:50am
Quoting MickeyMar
Guys, I finished the initial testing and these are the results (tested from 2015-2017). I will go live with these settings. {image} {image} {image} {image}
I hope you realize that you are taking a risk running these on a live account.
Your model quality on your backtest is N/A.
I suggest to anyone who tries these settings run it on a demo account first.
  • #547
  • Nov 3, 2017 8:19am Nov 3, 2017 8:19am
Quoting azjeff
{quote} I hope you realize that you are taking a risk running these on a live account. Your model quality on your backtest is N/A. I suggest to anyone who tries these settings run it on a demo account first.
Thanks for the warning. I really don't care too much for the tests, especially backtests. Even if the modelling quality were perfect, there's zero guarantee it will work the same in the future. I just use those tests to set up my EA on each pair - I will manually adjust the trades according to my S/R levels and close trades manually, the EA is there to make sure I don't miss setups
  • #548
  • Edited 8:55am Nov 3, 2017 8:23am | Edited 8:55am
Some people are asking me in pm a lot of things about my screens. Here i post a conversation + indicators and .tpl, maybe it could help someone.

"It's very easy. The normal line shows us the trend on a major timeframe, which "control" the minor timeframes. In the case of basic .tpl, we have m15 dotted line and h4 normal line.
We have various types of trades: (in a case of a long signal)
-Normal line (h4) it's green, and in the 90 zone, dotted line down and turned green. Also good if both are in 90 zone.
-H4 line it's green but not up to the 90 zone, and dotted line turns to red to green crossing the h4 line: i think this is the best setup.

Risky trades: (in a case of a long signal)
-H4 line red and dotted line green. In this case we could wait for the pullback and enter later, anticipating the h4 line. Sometimes the crossing of dotted line with the h4 line can anticipating us the signal of the channel. Just observe the chart and you' ll understand what i mean.

All this taking for granted the signals of the channel-ma.

Now, imagine a dashboard which control 28 pairs with the basic system (the one on m15) and 28 for the daily with all these filters. We could just take signals and then decide whether it is the case or not to do the trade. "

I have no intention to hijack or something like that, just sharing some ideas. You can like it or not, no problem.
Attached File(s)
File Type: rar ChannelMASystem.rar   46 KB | 655 downloads
  • #549
  • Nov 3, 2017 8:34am Nov 3, 2017 8:34am
Quoting Joseph95
Some people are asking me in pm a lot of things about my screens. Here i post a conversation + indicators and .tpl, maybe it could help someone. "It's very easy. The normal line shows us the trend on a major timeframe, which "control" the minor timeframes. In the case of basic .tpl, we have m15 dotted line and h4 normal line. We have various types of trades: -Normal line (h4) it's green, and the dotted line too and we aren't far from the channel. -H4 line it's green but not up to the 90 zone, and dotted line turns to red to green crossing the h4...
Hi Joseph,

out of respect to MM and Damiend, could you please not post this sort of info? its not helpful on a thread that is concentrating on something else.
Just trying to put a kiss on the cheek of success
  • #550
  • Edited 8:56am Nov 3, 2017 8:42am | Edited 8:56am
Quoting pet3250
{quote} Hi Joseph, out of respect to MM and Damiend, could you please not post this sort of info? its not helpful on a thread that is concentrating on something else.
Yes. This was my last reply regard this type of .tpl. I have posted because people are asking me in pm.
  • #551
  • Nov 3, 2017 8:43am Nov 3, 2017 8:43am
Quoting Joseph95
Some people are asking me in pm a lot of things about my screens.
Joseph, introducing a whole new indicator (and repeatedly pushing it onto us, including PM) is confusing and offtopic. This thread is about trading the channel signals, WITHOUT OTHER INDICATORS. I know you mean well, but please share all this in private, let's not make a mix of everything here.
Also guys, I'd appreciate if you could share the indicators or other things NOT RELATED TO THIS SYSTEM in private messages, for everyone's benefit.
Thank you!
  • #552
  • Nov 3, 2017 8:45am Nov 3, 2017 8:45am
Quoting Joseph95
{quote} Yes. This was my last reply regard this type of .tpl. I have just posted because people are asking me in pm.
Would you start a thread of your own?
I know that i would follow it and I am sure other people would as well.
  • #553
  • Edited 11:16am Nov 3, 2017 8:48am | Edited 11:16am
OK,thank you guys,just read through full thread so big thanks to all and work being done by the gurus !
I have just installed ea and all up and running.

Something I have noticed regarding the re-entry rule.
It will only enter when the initial entry stop loss was too large to place a trade.

If we open chart and ea and we missed a Valid entry from earlier,it wont take the trade on a pull back to ema

Are these statements correct ?

MM ,if that happened to you trading manually would you enter ?
If so we would need that to be programmed into ea.

Thank you.
Attached Image (click to enlarge)
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  • #554
  • Nov 3, 2017 8:48am Nov 3, 2017 8:48am
Quoting azjeff
{quote} Would you start a thread of your own? I know that i would follow it and I am sure other people would as well.
I think it's not the case, because it will be a copy of two existing threads. In my previous reply you can find all what you need; if you want to go deepen: just contact me, even if any of my ideas are in this thread
  • #555
  • Nov 3, 2017 9:04am Nov 3, 2017 9:04am
Hi traders

Defenitly not the best week. I had trouble with the EA first two days of the week. Also yesterday haven't got any luck because of news. Anyway, I close another week in green: 100 pips up.

Here some of the last trades and results (ignore first day of this week):

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Mickey, I follow you, please don't forget to post results of live account. I'm thinking to reduce the basket from 22 pairs to 10-12 maybe. Next week I keep on testing.


salut
TONI
  • #556
  • Nov 3, 2017 10:27am Nov 3, 2017 10:27am
sorry to ask same question again, is it 1.2 default?
because you sayed 1.1 stop to work

mickey and chicago rob testing the 1.2 did good and toni

in 1.3 got kicked out most news and finish with +15 profit after all this week

in 1.3 i didn't understand demian said if it correct something the entery point based also on some past sl
to give more space
  • #557
  • Nov 3, 2017 10:29am Nov 3, 2017 10:29am
Quoting MickeyMar
{quote} Thanks for the warning. I really don't care too much for the tests, especially backtests. Even if the modelling quality were perfect, there's zero guarantee it will work the same in the future. I just use those tests to set up my EA on each pair - I will manually adjust the trades according to my S/R levels and close trades manually, the EA is there to make sure I don't miss setups
Thanks Mickey for this amazing system! I have a feeling that it should work out well!
  • #558
  • Nov 3, 2017 1:51pm Nov 3, 2017 1:51pm
this week i tryed EA + another EA for profits and all was in very good profit
until my emotions got out of control and i blew it,
because this s&r atheer style
if i didn't do it i finished in nice profit
Attached Image (click to enlarge)
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  • #559
  • Nov 3, 2017 1:52pm Nov 3, 2017 1:52pm
nice weekend
  • #560
  • Nov 3, 2017 1:58pm Nov 3, 2017 1:58pm
Quoting mojepole
Hi, Has anyone tested on DE30? below 1/Nov/216-1/Nov/2017 {image}
Coincidentally, yes.

Testing GER30 and GOLD on M1 and M5 at the moment. For my surprise, ger30 on m1 is doing good for now. Too early to judge, but the strategys idea seems to fit for more than just currencys.

Renko charts might be worth a try as well.
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