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Anyone still trading Mouteki? 45 replies

Jumper's journal of Mouteki trading 74 replies

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Mouteki Trading

  • #1,361
  • Sep 25, 2006 5:50am Sep 25, 2006 5:50am
http://www.moutekitrader.proboards84.com/index.cgi?

click on above link and register again. If you registered by clicking on previous link sent by mouteki then the password for that won't work on mouteki's forum.
  • #1,362
  • Sep 25, 2006 6:06am Sep 25, 2006 6:06am
[quote=Attiqul]http://www.moutekitrader.proboards84.com/index.cgi?

click on above link and register again. If you registered by clicking on previous link sent by mouteki then the password for that won't work on mouteki's forum.[/QUOTE

I still have the same problem.
  • #1,363
  • Sep 25, 2006 6:11am Sep 25, 2006 6:11am
How on earth did you get the board to accept an image larger than 600x600 anyway?

*in awe*
I am JuMPeR.
  • #1,364
  • Sep 25, 2006 6:12am Sep 25, 2006 6:12am
Here we go, GBD/USD signal sell opportunity base on Mouteki.
  • #1,365
  • Sep 25, 2006 7:24am Sep 25, 2006 7:24am
Quoting TPO
Hi aha,

The modelling quality is so low, I wouldn't trust any results good or bad. You could download 1M backdata from alpari's website and convert it into 4H data? Results can change dramatically when you get up to 80%+ quality.

-TPO.
Do you know how to convert M1 data into H4 data?
  • #1,366
  • Sep 25, 2006 7:33am Sep 25, 2006 7:33am
can someone explain how to enter Security Check letters to register to the forum? I have tried "ERROR", and then "Error", but it still gives error message and does not allow registration. Any help?
  • #1,367
  • Sep 25, 2006 7:37am Sep 25, 2006 7:37am
Quoting divinefund
Do you know how to convert M1 data into H4 data?

her you go:

Convert the data using the period converter script included in MT4 [you only have 1M bars right now]. You have to open offline charts to do this.
-Go to the File Menu, then Open Offline, select the 1M data of the currency you need to convert. A chart will pop up with that data.
-Then drag & drop the period_converter script onto the offline chart. The ExtPeriodMultiplier int that you can modify is the multiplier you are applying to the chart. So making it 5, will convert 1M data into 5M data.
-For simplicity's sake, you need to run the period converter with the following integers to get all the backtesting timeframes: 5,15,30,60,240, and 1440.
  • #1,368
  • Sep 25, 2006 8:14am Sep 25, 2006 8:14am
Quoting AbgZuhaini
Here we go, GBD/USD signal sell opportunity base on Mouteki.
I traded cable short last night based on Mouteki (I hope- my first trade).

GPUSD- Short- Entry @ 1.9036- TP @ 1.8995

No stop-loss- it's a paper trade so let's go for broke!
Is your SL my TP?
  • #1,369
  • Sep 25, 2006 8:24am Sep 25, 2006 8:24am
Quoting ART_1_
her you go:

Convert the data using the period converter script included in MT4 [you only have 1M bars right now]. You have to open offline charts to do this.
-Go to the File Menu, then Open Offline, select the 1M data of the currency you need to convert. A chart will pop up with that data.
-Then drag & drop the period_converter script onto the offline chart. The ExtPeriodMultiplier int that you can modify is the multiplier you are applying to the chart. So making it 5, will convert 1M data into 5M data.
-For simplicity's sake, you need to run the period converter with the following integers to get all the backtesting timeframes: 5,15,30,60,240, and 1440.
Thanks ART_1 for the great help. One issue puzzle me is will the data extracted from be in-symc with the current broker time-zone?
  • #1,370
  • Sep 25, 2006 8:37am Sep 25, 2006 8:37am
Quoting divinefund
Thanks ART_1 for the great help. One issue puzzle me is will the data extracted from be in-symc with the current broker time-zone?

i think yes because you have 1min data and not 4h data. if you begin to convert the 1min data into 4h then it will convert the data into the 4hour interval of your broker and not another one.

just my opinion (dont know if its correct )
  • #1,371
  • Sep 25, 2006 8:46am Sep 25, 2006 8:46am
Wow, what else could I say. The new home of "mouteki" traders' has been open for only a few hours and it already has 150 members. I see big things in the future for this group of dedicated traders. I will sure be busy tonight on the forum. If you haven't checked it out yet please don't hesitate to stop by heres the site www.moutekitrader.proboards84.com hope to see you there...

-Mouteki-
  • #1,372
  • Sep 25, 2006 9:52am Sep 25, 2006 9:52am
Quoting ART_1_
i think yes because you have 1min data and not 4h data. if you begin to convert the 1min data into 4h then it will convert the data into the 4hour interval of your broker and not another one.

just my opinion (dont know if its correct )
Thanks for the reply. I guess it really doesn't matter for time not sensitive strategy. But for time sensitive strategy it can produce weid result with different broker. Take for example where the M1 historical data is extracted from say GMT+0 data source and put it into broker with GMT+2, then using script to convert it into H4 data. If trader does the test base on time sensitive like opening session, big news etc then it may get wrong test result. Anyway its just my opinion and onservation only.
  • #1,373
  • Sep 25, 2006 10:42am Sep 25, 2006 10:42am
Could we be setup for a sell on gbp/jpy???? 15 minutes remaining in my 4 hour chart.

I must say, because I can't afford to lose a lot, all of my trades so far using all of the Mouteki system save the profit projection has been profitable, no losses. Of course, I am initially shooting for +20 on the smaller pairs and just taking it. On the majors I am using his projection and it has worked. I am also feeling like the chart is "beautiful" before trading. I am more conservative because I have lost a lot of money trading forex.
  • #1,374
  • Sep 25, 2006 10:56am Sep 25, 2006 10:56am
Quoting llambert3
Could we be setup for a sell on gbp/jpy???? 15 minutes remaining in my 4 hour chart.

I must say, because I can't afford to lose a lot, all of my trades so far using all of the Mouteki system save the profit projection has been profitable, no losses. Of course, I am initially shooting for +20 on the smaller pairs and just taking it. On the majors I am using his projection and it has worked. I am also feeling like the chart is "beautiful" before trading. I am more conservative because I have lost a lot of money trading forex.
If you want to be conservative, I suggest you pass on any GBP/JPY trade that is forming up - unless the breakout is strong, this trade will likely fail if you follow strictly to the SL and TP. Just my opinion.
I am JuMPeR.
  • #1,375
  • Sep 25, 2006 11:04am Sep 25, 2006 11:04am
Quoting jumper
If you want to be conservative, I suggest you pass on any GBP/JPY trade that is forming up - unless the breakout is strong, this trade will likely fail if you follow strictly to the SL and TP. Just my opinion.
Well I'm in... Let's see what happens. Sold at 221.21, sl = NONE for now, tp = should be 96 pips, taking 70.
  • #1,376
  • Sep 25, 2006 11:06am Sep 25, 2006 11:06am
I've just given the USDCAD a try. Got in a bit late, projection is about 94 pips.
  • #1,377
  • Edited 12:00pm Sep 25, 2006 11:23am | Edited 12:00pm
Thank TPO, Peter, Attiqul, ART_1_, divinefund for your response on modelling quality of the backtesting. I have learned something there and as you can see in the attached result, I have improved it to 90%. But the trade result wasn't changed much.

Maybe Uphios, Jumper, divinefund were right, this system is a time sensitive strategy.

Attiqul: since you have gotten a positive result with my EA. Could you tell us which broker you are using and maybe also the time zone of the data feed if you know it?

To Peter and others wants to see the clear setup of those trades being taken by my EA, I will post the setup one by one for those trades for verification.
Attached File(s)
File Type: zip BT EURUSD Sept 06.zip   61 KB | 426 downloads
Target: Trading naked.
  • #1,378
  • Sep 25, 2006 11:39am Sep 25, 2006 11:39am
Quoting aha
To Peter and others wants to see the clear setup of those trades being taken by my EA, I will post the setup one by one for those trades for verification.
Long trade open because the price breaks the top trend line (red).
Trade close at the second bar because the price breaks the bottom trend line(blue).

When the trade open, the bottom trend line wasn't there yet because the #1 support point wasn't mature (the 2nd to the right wasn't finished yet).
Attached Image
Target: Trading naked.
  • #1,379
  • Sep 25, 2006 11:46am Sep 25, 2006 11:46am
Quoting llambert3
Could we be setup for a sell on gbp/jpy???? 15 minutes remaining in my 4 hour chart.

I must say, because I can't afford to lose a lot, all of my trades so far using all of the Mouteki system save the profit projection has been profitable, no losses. Of course, I am initially shooting for +20 on the smaller pairs and just taking it. On the majors I am using his projection and it has worked. I am also feeling like the chart is "beautiful" before trading. I am more conservative because I have lost a lot of money trading forex.
Lambert, in my humble opinion, if you are trying to preserve your pot, GBP/JPY is a pair to avoid. Of all of the pairs I trade (20 in total) it is the one that least fits into any trading strategy (Fibs, Cam Levels, Pivots etc).
  • #1,380
  • Sep 25, 2006 11:48am Sep 25, 2006 11:48am
#2 opens because the price breaks the bottom trend line.
#2 closes and #3 opens because the price breaks the up trend line.
#3 closes because the SL was hit.

Those red and blue short lines indicates the SL and TP of the trade.
Attached Image
Target: Trading naked.
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