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Profitunity (Chaos) Trading System by Bill Williams

  • #1,561
  • Aug 17, 2018 10:10pm Aug 17, 2018 10:10pm
Quoting mawashi
Is there someone who can tell me which edition of the trading chaos is better for today's forex market? I'm talking about the 1st and the 2nd edition of the trading chaos system.
www.
pdf
drive.
com

obviously the 2 is always better, except for movies

It takes a lot for me to IGNORE you, but you can try.
  • #1,562
  • Oct 9, 2018 8:59am Oct 9, 2018 8:59am
Hi To all, my question is is the chaos trading system good, is it valid?, did it perform well to you by following its rules, no deviations from rules nor discounts nor adding indicators but as it is? Or is another one to sell books and coaching?
I am sorry for being so direct but after reading the thread i would like to know at least if there is someone who still trades it and fits to its personality.
  • #1,563
  • Oct 9, 2018 4:41pm Oct 9, 2018 4:41pm
Quoting nhatzim
Hi To all, my question is is the chaos trading system good, is it valid?, did it perform well to you by following its rules, no deviations from rules nor discounts nor adding indicators but as it is? Or is another one to sell books and coaching? I am sorry for being so direct but after reading the thread i would like to know at least if there is someone who still trades it and fits to its personality.
The big misconception is that what makes the system successful are the indicators. That is false. The system is about adding on aggressively when a market breaks out and then trends. So to do it properly, you need a sufficient account size to add-on and still not risk too much of the account. So if you adhere to the rules 100%, you're adding on when each indicator gives a signal. And each of the indicators have multiple setups for signals.

Having said that, the system was designed for daily charts during a period when markets only trended 15-20% of the time and the rest of the time were relatively flat. Forex, obviously isn't like that. So you'll need to find an instrument and timeframe where the indicators and setups make sense. I found 15 min. charts and trading the London open to be the best.
  • #1,564
  • Oct 9, 2018 10:10pm Oct 9, 2018 10:10pm
profit unity updated their course choas is an stragety in 1995 since they updated many times after chaos second edition now their latest course in 2012 is they add elliot wave in their method independent course in profit unity is their latest updated course
  • #1,565
  • Oct 10, 2018 1:32pm Oct 10, 2018 1:32pm
Quoting Erebus
{quote} Interesting, I believe it represents the balance line from the next higher time frame, but I never knew the settings, thanks.
MOre Fibonacci stuff. Purple is the smoothed 34 displaced 21 of median price. It represents the M5 on the M1. Have fun.
  • #1,566
  • Oct 11, 2018 12:09am Oct 11, 2018 12:09am
Quoting nhatzim
Hi To all, my question is is the chaos trading system good, is it valid?, did it perform well to you by following its rules, no deviations from rules nor discounts nor adding indicators but as it is? Or is another one to sell books and coaching? I am sorry for being so direct but after reading the thread i would like to know at least if there is someone who still trades it and fits to its personality.
The way to know is to backtest it yourself
  • #1,567
  • Feb 25, 2019 9:52pm Feb 25, 2019 9:52pm
Anyone still using this system successfully?

I started using it but i found very discouraging that the main objective is to counter trend while in the past the alligator was actually used to always trade with the trend. I'm having a hard time to get into the 1st candle that start the trend, also the AO being the biggest position size turned me off, since this is very unreliable. Fractals that used to be the most reliable are no longer. This is why i'm looking of someone is still having success trading the same as the book 2ed implies or i should just keep looking an other alternative.
  • #1,568
  • Feb 27, 2019 9:33am Feb 27, 2019 9:33am
Quoting booker21
Anyone still using this system successfully? I started using it but i found very discouraging that the main objective is to counter trend while in the past the alligator was actually used to always trade with the trend. I'm having a hard time to get into the 1st candle that start the trend, also the AO being the biggest position size turned me off, since this is very unreliable. Fractals that used to be the most reliable are no longer. This is why i'm looking of someone is still having success trading the same as the book 2ed implies or i should...
//------

hey booker..... the chaos system works, or at least does for me..... but only in a weekly trend following manner then using the lower timeframes for entrys.... aka, top down approach.... the only indicators i use are the alligator, awesome, and fractals......

the ac, mfi and others are to fickle for me..... i do not like rules that require 'user discretion'.....

there will be draw downs at the trend changes......h
//-----
Attached Image (click to enlarge)
Click to Enlarge Name: chaos.png Size: 45 KB
to trade and code, keep both simple... no call to impress....h
  • #1,569
  • Mar 3, 2019 4:10pm Mar 3, 2019 4:10pm
does anyone still use the old signals from new trading dimensions? And if so which one?
  • #1,570
  • Mar 4, 2019 11:47pm Mar 4, 2019 11:47pm
Quoting mawashi
does anyone still use the old signals from new trading dimensions? And if so which one?



now they updated much their latest trading till 2012 as far i know wise man1 2 and 3 are the latest with elliot wave concept

they made elliot wave simpler
  • #1,571
  • May 6, 2019 1:14pm May 6, 2019 1:14pm
Hey gopal, are there any pdf's and screen shots available for the 2012 update. I have their books but nothing recent. Thanks.
  • #1,572
  • May 25, 2019 6:03pm May 25, 2019 6:03pm
Quoting Bill
Hey gopal, are there any pdf's and screen shots available for the 2012 update. I have their books but nothing recent. Thanks.
I can help you
  • #1,573
  • Jun 27, 2019 6:52am Jun 27, 2019 6:52am
Quoting mawashi
{quote} I can help you
Mawashi could you please assist me too? I was going to start trading based on old Williams strategy.
  • #1,574
  • Jul 23, 2019 4:06am Jul 23, 2019 4:06am
Maximizing profits and MM.

Like I mentioned im a fan of B. Williams, he wrote 3 books, and what I do is pick up the best from each, (in my opinion), after backtesting them.
Check this EURAUD 12 Hour chart, (I use a period converter), I like 12 hours, not too slow, and almost as reliable as a Daily...but giving me more opportunities.
Actually I took this trade, made 1,8 R which is fine...but my question is: how can I make the most of every one of my winners. (basic trading principle).
To be continued...
  • #1,575
  • Jul 23, 2019 4:07am Jul 23, 2019 4:07am
Here´s the original Day chart.
Note the High of the 18th of June.
Time, Price, Momentum and Pattern all are aligned for a short campaign.
Attached Image (click to enlarge)
Click to Enlarge Name: day.gif Size: 167 KB
  • #1,576
  • Jul 23, 2019 4:07am Jul 23, 2019 4:07am
And here´s the potential campaign:
Entries are numbered in PINK. (1,2,3,4).

Using the pyramiding tactics of BW last book.
1- 1/5 of my R (my personal risk size).
2 - The full R.
3- 4/5
4- 3/5
5- 2/5.

1- Is a bearish divergent bar, from Bill Williams last book.
Using the pyramiding tactics of the same book.That entry takes only 1/5 of my R (my personal risk size).
2-Is a jurikMA average cross on the 4 H TF.
3-Is a bearish reversal of the DTOSC 8 in the chart, after the potential eow2.
4-Is the fractal break of the potential w1.
5.Is a conservative entry, at the eow4, with a stop at the eow2.

Using something similar from B.W first book, take profit on the biggest lot at the first 13 DTOSC reversal, which coincided with the end of w3. (Buy 2)
Then close all the rest at a conservative eow5. (Buy 1345)

Same campaign potential results: 5,96 R. (almost 3 times more profit for the same swing), using only logical entries and exits.

And here´s the 12 H chart for ilustration:
Attached Image (click to enlarge)
Click to Enlarge Name: 12.gif Size: 153 KB
  • #1,577
  • Jul 23, 2019 6:47am Jul 23, 2019 6:47am
let this be clear

chaos theory and fractals has nothing to do with multiple dimensions or the fractality of the price itself. It is just a HH LL breakout strategy.

Bill seems talented to tell a good story to back this strat up, but it is not the HG, it's not even profitable
  • #1,578
  • Jul 27, 2019 1:58pm Jul 27, 2019 1:58pm
Let me give you a clue on Ellliot Wave, something I found extremely usefull:
Start your analysis on the MONTHLY chart!
Even if you daytrade, start with the monthly and work your EW down.It tends to give you a clearer perspective.
My humble 2 cents anyway.
  • #1,579
  • Jul 27, 2019 2:00pm Jul 27, 2019 2:00pm
Quoting mawashi
Is there someone who can tell me which edition of the trading chaos is better for today's forex market? I'm talking about the 1st and the 2nd edition of the trading chaos system.
All 3 are very usefull.
BUT you need to figure the whole thing by yourself.
My humble 2 cents.
  • #1,580
  • Aug 2, 2019 8:54am Aug 2, 2019 8:54am
any one joined in i trade aims who teaches bill william chaos theory ?if any one have any pdf kindly upload here
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