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Consecutive Candles Williams %R and Volume with 55EMA Baseline

  • #121
  • May 20, 2019 5:59pm May 20, 2019 5:59pm
No worries Genry, I appreciate what you were doing, I just feel throwing a bunch more indicators in, at this stage, would dilute the testing...if we are not all using the same setups then the lesson is useless.

TBH, I'm not sure there are many other testers lol, but I intend to soldier on.

Chris
  • #122
  • May 21, 2019 10:26am May 21, 2019 10:26am
eu, m15
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15-2.png Size: 40 KB
Wherever you go, there you are (Jon Kabat-Zinn)
  • #123
  • May 21, 2019 6:30pm May 21, 2019 6:30pm
Quoting Genry_05
eu, m15 {image}
Hi Genry
Nice trade...did your other indicators get you in early, before the actual confirmation candle?

Chris
  • #124
  • Edited 1:33am May 22, 2019 12:28am | Edited 1:33am
Quoting cfudge
{quote} Hi Genry Nice trade...did your other indicators get you in early, before the actual confirmation candle? Chris
Good day, Chris!
Yes, the entrance was a bit early, but the minimum for placing the SL was close, so I was risking little money.
I did not use other indicators, but simply saw the 1-2-3 pattern, which was not at least broken.
Therefore, I ventured to place an order a little earlier than WPR broke MA
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_m15-2-123.png Size: 16 KB
Wherever you go, there you are (Jon Kabat-Zinn)
  • #125
  • Edited 1:16am May 22, 2019 1:05am | Edited 1:16am
Quoting cfudge
{quote} Hi Genry Nice trade...did your other indicators get you in early, before the actual confirmation candle? Chris
Hi Chris,
What's your comment about this trades entry? was it perfect or do you have a comment?

** What's your opinion about using MACD_BB of Genry? Do you think that the entry will be over confirmed if we use it?

Thanks.
  • #126
  • May 22, 2019 1:09am May 22, 2019 1:09am
Quoting Genry_05
{quote} Good day, Chris! Yes, the entrance was a bit early, but the minimum for placing the SL was close, so I was risking little money. I did not use other indicators, but simply saw the 1-2-3 pattern, which was not at least broken. Therefore, I ventured to place an order a little earlier than WPR broke MA {image}
Nice trade Genry. Congrats. Let's wait for Chris's observation & comment.
  • #127
  • Edited 4:25am May 22, 2019 2:52am | Edited 4:25am
Quoting cfudge
{quote} Hi Genry Nice trade...did your other indicators get you in early, before the actual confirmation candle? Chris
Quoting Genry_05
{quote} Good day, Chris! Yes, the entrance was a bit early, but the minimum for placing the SL was close, so I was risking little money. I did not use other indicators, but simply saw the 1-2-3 pattern, which was not at least broken. Therefore, I ventured to place an order a little earlier than WPR broke MA {image}
Perhaps some entries I make a virtue of their own experience and they get a little earlier. On my screen you can see that the order was closed by a take.
In addition to the 1-2-3 pattern, I applied the graphical system for calculating the entry and exit points. It was not invented by me, the trader DKU showed it on the forexsystemsru.com forum. He did not disclose the methods of construction, but simply showed two screens (buy and sell) and offered to unravel its secret.
I managed to solve something, but since the approach was not disclosed, I do not dare to explain it, because I understand that it is completely unknown to me.
Therefore, I relate the signals of your trading system and my understanding of the market. But I try to follow the rules that you told: buy close occurred when
crossing the -20 level
Attached Image (click to enlarge)
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Wherever you go, there you are (Jon Kabat-Zinn)
  • #128
  • May 22, 2019 6:34am May 22, 2019 6:34am
Quoting salimc
{quote} Hi Chris, What's your comment about this trades entry? was it perfect or do you have a comment? ** What's your opinion about using MACD_BB of Genry? Do you think that the entry will be over confirmed if we use it? Thanks.
I think the TMA MACD BB indicator has it's merits...like any indicator.
It seems to give completely different entry parameters than what we are using here, one would need to build an entirely new system around it.

@Genry; those lines on the last post look somewhat arbitrary in there placement, I can see what you did there, but hard to get every one to draw them the same.

Like I asked previously... can we just stick to the current idea until proven profitable or not. I am definitely not the smartest one in here

Chris
  • #129
  • May 22, 2019 6:37am May 22, 2019 6:37am
Quoting salimc
{quote} Hi Chris, What's your comment about this trades entry? was it perfect or do you have a comment? ** What's your opinion about using MACD_BB of Genry? Do you think that the entry will be over confirmed if we use it? Thanks.

Salim,

Just my 2 cents brother

https://www.forexfactory.com/showthr...3#post12282253

I don't speak for Chris, but it is sort of insulting to the creator if we keep insisting that we add other indicator without giving the original work a serious try....

Thanks
  • #130
  • Edited 8:29am May 22, 2019 7:35am | Edited 8:29am
Quoting cfudge
{quote} I think the TMA MACD BB indicator has it's merits...like any indicator. It seems to give completely different entry parameters than what we are using here, one would need to build an entirely new system around it. @Genry; those lines on the last post look somewhat arbitrary in there placement, I can see what you did there, but hard to get every one to draw them the same. Like I asked previously... can we just stick to the current idea until proven profitable or not. I am definitely not the smartest one in here...
Chris, in my opinion, your system works and works stably. I made more trades than posted here (32 transactions) and they all ended in a plus (two trades = 0).
Because of my own experience, I see some entry points a bit earlier, but the reason that made me look for these points is the signals of your trading system.
As I wrote earlier - I enter two orders and the second order is always in your system and they are all in profit.
If I have screenshots that can be explained only by the rules of the system, I’m happy to share them here to increase the positive statistics.
Thank you for sharing your ideas, Successes and profit!
Wherever you go, there you are (Jon Kabat-Zinn)
  • #131
  • May 22, 2019 8:40am May 22, 2019 8:40am
Quoting Genry_05
{quote} Chris, in my opinion, your system works and works stably. I made more trades than posted here (32 transactions) and they all ended in a plus (two trades = 0). Because of my own experience, I see some entry points a bit earlier, but the reason that made me look for these points is the signals of your trading system. As I wrote earlier - I enter two orders and the second order is always in your system and they are all in profit. If I have screenshots that can be explained only by the rules of the system, I’m happy to share them here to...
Nice going Genry...please, do not think I am having a go at you. I understand that there is a number of ways to skin a cat (not condoned lol).

I hope you keep trying this and would like it if you would share your findings, for whatever system(results only), with us here as you see fit. I will be interested in what your results are.

Chris
  • #132
  • May 23, 2019 8:32am May 23, 2019 8:32am
Does anyone have a suggestion for the EA...what parameters should be selectable or not.

Chris
  • #133
  • Edited 11:21am May 23, 2019 11:08am | Edited 11:21am
Quoting cfudge
Does anyone have a suggestion for the EA...what parameters should be selectable or not. Chris
Chris,

My suggestion for the EA:

Since you predominantly trade Gold, the spread widening during iliquid times would eat away the equity if we open a trade during those times. I think having a filter where trades are only opened by the EA when spread falls only within a certain Maximum Limit/ range.

Thanks
  • #134
  • May 23, 2019 11:15am May 23, 2019 11:15am
Chris,

Another Suggestion:

1. Parameter that enables/disables whether Trading is allowed during High Impact News events, may be the EA needs to link up with what news events are scheduled.

2. Parameter that Enables/Disables- Code Red Option/Panic Button: If equity falls below certain threshold: then close all trades.

Thanks
  • #135
  • May 23, 2019 5:41pm May 23, 2019 5:41pm
Thanks aaven, noted.

My other, Renko EAs, have a slippage factor that is settable. This would help.

I have been trading, the last few weeks, through news events and different times of day and night not worrying about red news. Will consider your request though.
  • #136
  • May 24, 2019 1:30am May 24, 2019 1:30am
Quoting cfudge
Thanks aaven, noted. My other, Renko EAs, have a slippage factor that is settable. This would help. I have been trading, the last few weeks, through news events and different times of day and night not worrying about red news. Will consider your request though.
Thank You Chris...
  • #137
  • Edited 2:16pm May 24, 2019 1:55pm | Edited 2:16pm
[quote=cfudge;12285723]{quote} I think the TMA MACD BB indicator has it's merits...like any indicator. It seems to give completely different entry parameters than what we are using here, one would need to build an entirely new system around it

Right you are. Anyway, with this system you have only been trading gold & WTI, right?
  • #138
  • Edited 9:24pm May 24, 2019 2:14pm | Edited 9:24pm
Quoting aaven
{quote} Salim, Just my 2 cents brother https://www.forexfactory.com/showthr...3#post12282253 I don't speak for Chris, but it is sort of insulting to the creator if we keep insisting that we add other indicator without giving the original work a serious try.... Thanks
please read the contents twice. You will see that I didn't add any indicator. I asked Chris his opinion about adding indicator. Everyone can ask a question to anyone. So from where does the question of insulting arise? I am surprised!!
  • #139
  • May 24, 2019 5:17pm May 24, 2019 5:17pm
[quote=salimc;12291973]
Quoting cfudge
{quote} I think the TMA MACD BB indicator has it's merits...like any indicator. It seems to give completely different entry parameters than what we are using here, one would need to build an entirely new system around it Right you are. Anyway, with this system you have only been trading gold & WTI, right?
Yes Salim, only Gold and WTI.
  • #140
  • Edited 10:22pm May 24, 2019 5:23pm | Edited 10:22pm
Quoting cfudge
Time for another update, just before the long weekend. These are all closed trades from 05/05/19 to 05/15/19 Does no include the XAUUSD5 min trades, I am only paper trading those. Chris {image}
Here are the results up to this week from 05/05/19.

I should clarify, this is only trades from XAUUSD 15min up to 4hr and copper 15 min.

Chris
Attached Image (click to enlarge)
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