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SilentFathers Trading Ideas

  • #541
  • Sep 18, 2018 1:56am Sep 18, 2018 1:56am
Quoting hepsibah
{quote} Spread on EU averages 0.5. I don't have a fixed SL, I'll put in an 'emergency' SL a way away but I'll get out if I start not to like the PA. Ultimate SL is if both channels change trend but since I've started to wait for both channels to agree during peak times, it has been rare not to get out with a profit. It is only when I get impatient and enter during slow times that I may have to scratch. I was already in short before the news on Friday and was stopped out for 10 pips when it spiked up but I got straight back in when it turned back...
Do you always wait for trend changing or do you sometimes exit earlier? What was your greatest loss if waiting for trend change of both channels?
  • #542
  • Sep 18, 2018 10:27am Sep 18, 2018 10:27am
(Iīm a fan of STOP RUNS)
Check this: remember what I mentioned about the MA coming out of the Channel, and itīs reaction?
I tried it a couple of times with profit, BUT, itīs kind of scary, against the trend!

But look what happens if you filter the signal, with a STOP RUN:
Hereīs a CADJPY H chart, with a tipycal STOPRUN level. (obvious massive reaction right after, big boys in action)
Attached Image (click to enlarge)
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  • #543
  • Sep 18, 2018 10:29am Sep 18, 2018 10:29am
Now look at the 15M chart, with the channels, the MA coming out, the stoprun at the hour level, and the oscillator... alltogether: BINGO.
Attached Image (click to enlarge)
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  • #544
  • Sep 18, 2018 10:39am Sep 18, 2018 10:39am
Another one:
USDCAD15
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  • #545
  • Sep 18, 2018 11:58am Sep 18, 2018 11:58am
Quoting cuchuflito
Another one: USDCAD15 {image}
You got it Seems like we have another way of trading. Use everything together and boom.

I know, it will be hard and confusing. Maybe I will need some letter above my screen.

SF
  • #546
  • Sep 18, 2018 2:04pm Sep 18, 2018 2:04pm
Another one today:
1M EURUSD
The stop level is taken from the 15M.

-Stop run level on a higher time frame.
-Ma outside Channel.
-Trigger (pick your favourite :Indi, channel on a smaller TF, Price Action, whatever suits you).

(I just "discovered" this today).
Iīm going to call it:
"The stoprun, magic Silent channel, Boogey"
Attached Image (click to enlarge)
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  • #547
  • Sep 18, 2018 2:11pm Sep 18, 2018 2:11pm
AUDCAD H, today.
Stop run level from 240
(I did not trade a single one,will definitely try tomorrow).
Attached Image (click to enlarge)
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  • #548
  • Sep 18, 2018 2:32pm Sep 18, 2018 2:32pm
Great thread, i am subscribed
  • #549
  • Sep 18, 2018 4:03pm Sep 18, 2018 4:03pm
Quoting cuchuflito
Now look at the 15M chart, with the channels, the MA coming out, the stoprun at the hour level, and the oscillator... alltogether: BINGO. {image}
Good idea. It seems also on your chart that when the MA is inside the bands market start ranging and there instead of taking the spikes of the bands we can take the spikes of the price adding much more deals (look at the left of your chart). And when the MA is outside the bands its a signal of trend start
  • #550
  • Edited 2:20am Sep 19, 2018 1:50am | Edited 2:20am
Quoting rosalieone
{quote} Good idea. It seems also on your chart that when the MA is inside the bands market start ranging and there instead of taking the spikes of the bands we can take the spikes of the price adding much more deals (look at the left of your chart). And when the MA is outside the bands its a signal of trend start
True, provided you have a clear definition of "spikes of the price".

Please everybody remember, that I was just playing around with some charts, I DID NOT backtest mi "idea", and havenīt trade it so far.
Also, by nature, it is a countertrend strategy, so expect to be stopped out often, but also some fat winners.
So please trade carefully, do your homework, backtest, etc...
and have a fantastic day..
  • #551
  • Sep 19, 2018 10:13am Sep 19, 2018 10:13am
Quoting cuchuflito
{quote} True, provided you have a clear definition of "spikes of the price". Please everybody remember, that I was just playing around with some charts, I DID NOT backtest mi "idea", and havenīt trade it so far. Also, by nature, it is a countertrend strategy, so expect to be stopped out often, but also some fat winners. So please trade carefully, do your homework, backtest, etc... and have a fantastic day..
You will actually make more money by "counter trading" than with trend following even though I agree that following the trend is possible IF you "counter trade" the mini trend in the real trend.

This is what I did before and it worked. Hmm, I need more time. And since I have other things to do now I cannot even trade fully. I always had to watch charts all day to get all good trades. Since You will not be THAT lucky to open MT4 and get magically good trade.

SF
  • #552
  • Sep 19, 2018 10:55am Sep 19, 2018 10:55am
Quoting SilentFather
{quote} You will actually make more money by "counter trading" than with trend following even though I agree that following the trend is possible IF you "counter trade" the mini trend in the real trend. This is what I did before and it worked. Hmm, I need more time. And since I have other things to do now I cannot even trade fully. I always had to watch charts all day to get all good trades. Since You will not be THAT lucky to open MT4 and get magically good trade. SF
I know that you get some good bounces when you hit previous highs/lows of the channel (and when the channel reaches previous HLs of price) but I am finding that you can get some extremely good runs with trend and can then use the probable bounce levels to exit/counter trade. Using the double channels makes it much easier to identify a new trend early.
  • #553
  • Sep 19, 2018 11:37am Sep 19, 2018 11:37am
Quoting hepsibah
{quote} I know that you get some good bounces when you hit previous highs/lows of the channel (and when the channel reaches previous HLs of price) but I am finding that you can get some extremely good runs with trend and can then use the probable bounce levels to exit/counter trade. Using the double channels makes it much easier to identify a new trend early.
Yes, it's correct. I will hopefully look into it soon. I'm annoyed I can't trade properly now.

SF
  • #554
  • Sep 19, 2018 11:46am Sep 19, 2018 11:46am
Hmm...
More often I see situations when 2 red dots continues with up move and vice versa.
Just an opinion. Based on research
  • #555
  • Sep 20, 2018 2:32am Sep 20, 2018 2:32am
Quoting hepsibah
{quote} I know that you get some good bounces when you hit previous highs/lows of the channel (and when the channel reaches previous HLs of price) but I am finding that you can get some extremely good runs with trend and can then use the probable bounce levels to exit/counter trade. Using the double channels makes it much easier to identify a new trend early.
Hi Heps
Iīm trying to replicate the double channels on my plattform/software.Iīm pretty sure I have the original channel very close to yours and Silentīs.
Could you post a recent chart (any pair or TF), so I can make my adjustments for the second channel?
Thanks in advance.
  • #556
  • Sep 20, 2018 2:34am Sep 20, 2018 2:34am
Btw. these magic channels are so interesting, Iīm sure thereīs so much more hidden within...pretty revolutionary stuff, guess weré just scratching the surface, and beginning to realize the value.
Thanks Silent and Heps
  • #557
  • Sep 20, 2018 3:43am Sep 20, 2018 3:43am
Quoting cuchuflito
{quote} Hi Heps Iīm trying to replicate the double channels on my plattform/software.Iīm pretty sure I have the original channel very close to yours and Silentīs. Could you post a recent chart (any pair or TF), so I can make my adjustments for the second channel? Thanks in advance.
Sure.

Attached Image (click to enlarge)
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The darker blue line (inner channel) is hepsibah's blueind, the outer two the ones you are asking about.

Edit: Just noticed you asked heps, sure he will not mind if I save him a post.
Good Trading
  • #558
  • Sep 20, 2018 4:11am Sep 20, 2018 4:11am
Quoting cuchuflito
{quote} Hi Heps Iīm trying to replicate the double channels on my plattform/software.Iīm pretty sure I have the original channel very close to yours and Silentīs. Could you post a recent chart (any pair or TF), so I can make my adjustments for the second channel? Thanks in advance.
Thanks aud. I'll also post a couple of charts because I played around with settings over the weekend, the indicator I am using is ktrendtargets4 which shows both the channels and the dots.

This is the version I posted last Friday, the settings are 1, 10, 3 and 1, 10, 9

Attached Image (click to enlarge)
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This is the version I am currently using as i am finding it more responsive, the settings are 1, 10, 2 and 1, 10, 5
I am also using something else to do with the interaction between the channels to keep me on the right side of the trend but it is early days for that.

Attached Image (click to enlarge)
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  • #559
  • Sep 20, 2018 4:58am Sep 20, 2018 4:58am
Quoting hepsibah
{quote} Thanks aud. I'll also post a couple of charts because I played around with settings over the weekend, the indicator I am using is ktrendtargets4 which shows both the channels and the dots. This is the version I posted last Friday, the settings are 1, 10, 3 and 1, 10, 9 {image} This is the version I am currently using as i am finding it more responsive, the settings are 1, 10, 2 and 1, 10, 5 I am also using something else to do with the interaction between the channels to keep me on the right side of the trend but it is early days for that....

Cool Heps
thanks a lot!
  • #560
  • Sep 20, 2018 5:04am Sep 20, 2018 5:04am
Quoting cuchuflito
{quote} Cool Heps thanks a lot!
Have a look at what happens when the outer channel dips below the most recent high of the inner channel and when it turns up across the most recent low of the inner. You can get chopped a little but never be on the wrong end of a big run.
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