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  • #1,681
  • Sep 7, 2019 9:48am Sep 7, 2019 9:48am
Quoting Legge
May be location of the baseline relative to the bands can be a filter? For long - if the baseline is near the lower band, the more likely it is to achieve TP. The baseline should be at least in the middle .... and at the lower band - very good, but this is rare. Also do not believe the history .... look at NZDUSD ... On screen 1 displays the moment of the signal. The baseline is above the middle of the range - I did not take a trade, because felt that it was too high. Also TP1 is above the bands. {image} On screen 2, the real time. Now the baseline...
really?
you are discovering rules and after 2 photo you are denying it? im pretty sure you didnt even read post 1 . lines are different each day,so its special for that day and concluding this lines relation with trend is not right . if you read TIPS1 and posts here not only #1,you will understand the relation between price and trends bands . we use lines for our tp and sl . if i describe why we use pivot points for tp and sl ,im sure this topic will never go forward , just use those line for tp and sl ok?
  • #1,682
  • Sep 7, 2019 10:18am Sep 7, 2019 10:18am
Quoting Degolep
{quote} You have to understand each person has his own style of trading, trade managements, risk,...etc. So following just my own trade management or someone elses might not work for you. Firstly you have to trust the system, I trust BTM's strategy but because I don't like to have trades opened when I go to sleep I have to adapt. I wan't to sleep like a baby with nothing on my mind and because getting 8 hours of good sleep is worth more than a few trades, but thats just me. So I close the trades before days close(because of negative swaps, possible...
Thank you there are many things that are important, but pips is not of them. More important is R losses and so on

Best regsrds
  • #1,683
  • Sep 7, 2019 10:32am Sep 7, 2019 10:32am
Quoting Degolep
{quote} I've just checked a few pairs and with the manual indicator alerts and I would take the same trades as the dahboard gave me. So really good job to zed.fr that has created the dashboard. BUT You also get alerts that don't show the arrow which I cannot backtest because I cannot see the arrow. Which is a known "issue" with the C indicator.

i wasnt sure if the c indicator alerts with no arrow was a valid trade? or a false signal?
  • #1,684
  • Sep 7, 2019 10:38am Sep 7, 2019 10:38am
Quoting daemonw
Looks like 1st Short sig went not bad. Gona do a few paper trade before going live to test the results. Anyway if anyone is interested, Yellow D is on 4hr and Red D is on 1 hr. Long: If 4hr is Bullish, any price that touch or spike below Red D signal Buy Do not buy near top of 4 hr D Short If 4hr is bearish, any price that touch or spike above Red D signal Short {image} Good 20 to 30 pips
HI daemonw! I like the signals coming from your method. Question! are you ignoring the pivot lines and entering strictly from the H1 signal going with the H4 trend?
  • #1,685
  • Sep 7, 2019 11:28am Sep 7, 2019 11:28am
Quoting Legge
May be location of the baseline relative to the bands can be a filter? For long - if the baseline is near the lower band, the more likely it is to achieve TP. The baseline should be at least in the middle .... and at the lower band - very good, but this is rare. Also do not believe the history .... look at NZDUSD ... On screen 1 displays the moment of the signal. The baseline is above the middle of the range - I did not take a trade, because felt that it was too high. Also TP1 is above the bands. {image} On screen 2, the real time. Now...
You must take the trades as the signals come, not look later as time passes and the bands have changed and say, "OH, I should have taken that signal that came earlier!".

So at the moment the signal was painted, you made your analysis, and decided this was not a good setup. You followed your rules and LOGICALLY determined what action to take. Do not LOOK BACK at where that signal was and try to RE-ANALYZE the setup, because THE BANDS HAVE MOVED. Never look back and think, "If only I would have done [something], then I would now have more pips!" The only way you can do that is if BTM changes to a version that has non-repainting bands.

If you want to make a later analysis, you MUST take a screen capture and then look at the screen capture, not look at the chart that has the bands moved.
To free Gazans of Hamas, use whatever it takes.
  • #1,686
  • Sep 7, 2019 11:31am Sep 7, 2019 11:31am
Quoting BTM
{quote} you are joined since 2009,now we are in 2019. in these 10 years you couldn't learn the difference between pairs? because in little short time two pairs seem look like its mean they move the same? really can not see one of them is NZDUSD other is CHFJPY ? 2 different pairs , 4 different economies, ... . thats why i can not go forward in this thread and teach other moethod of this system .very disappointing.
To free Gazans of Hamas, use whatever it takes.
  • #1,687
  • Sep 7, 2019 11:37am Sep 7, 2019 11:37am
Quoting jgadefelth
{quote} Thank you there are many things that are important, but pips is not of them. More important is R losses and so on Best regsrds
Do you mean this as a general statement for trading, or specifically for this method? Because if you mean it in general, then I disagree; pips are nearly everything for me, because I have essentially 0 losses. I harvest pips slowly and steadily.
To free Gazans of Hamas, use whatever it takes.
  • #1,688
  • Sep 7, 2019 11:38am Sep 7, 2019 11:38am
Wondering if the title is appropriate, new trader coming in will have a philosophy of wanting to dominate something that present it's information in a neutral perspective. Maybe it is the problem of wierd question because people don't understand the fundaments by thinkin there must be something they don't know that prevent them to ''beat the market''
  • #1,689
  • Sep 7, 2019 11:53am Sep 7, 2019 11:53am
Quoting BTM
{quote} you are joined since 2009,now we are in 2019. in these 10 years you couldn't learn the difference between pairs? because in little short time two pairs seem look like its mean they move the same? really can not see one of them is NZDUSD other is CHFJPY ? 2 different pairs , 4 different economies, ... . thats why i can not go forward in this thread and teach other moethod of this system .very disappointing.
A very simple answer) Thank you) But I had in mind only the technical side of the issue.
  • #1,690
  • Sep 7, 2019 11:55am Sep 7, 2019 11:55am
Result 19 Aug 2019 - 6 Sep 2019 (2 Weeks)

EURUSD +24
EURUSD +45
EURUSD +54
USDCHF +42
USDCHF +56
USDCAD +68
USDCAD +55
USDCAD +56
USDJPY +51
USDJPY +63
GBPUSD -38
GBPUSD +71 (2ND ORDER BEARK EVENED)
GBPUSD -36
GBPUSD +68
GBPJPY +127
GBPJPY +200
GBPCAD +137
GBPCAD +152
GBPCAD +95
GBPCAD +88
GBPAUD -75
GBPAUD +140
GBPAUD +147
GBPNZD +165
GBPNZD +94
GBPNZD +73
EURUAD +90
EURAUD +139
EURUAD +60
EURNZD +54
EURNZD +117
EURNZD +92
AUDUSD +46
AUDUSD +27
AUDUSD +16
AUDJPY +50
AUDCAD +40
AUDCAD +54
NZDUSD +28
NZDUSD +19
NZDUSD +40
NZDJPY +62
NZDJPY +45
NZDCAD +40
NZDCAD +34
NZDCAD +40
NZDCAD +35
XAUUSD +144
XAUUSD -85
--------------------------------
+3108 pip
  • #1,691
  • Sep 7, 2019 11:59am Sep 7, 2019 11:59am
Quoting DrDave
{quote} Do you mean this as a general statement for trading, or specifically for this method? Because if you mean it in general, then I disagree; pips are nearly everything for me, because I have essentially 0 losses. I harvest pips slowly and steadily.
I think you bring to mutch philosophy i to this. For some pips is the same as a dollar amount and they have for example a weekly goal. For me R is lmportant that is for examplw 1 R is 1 percent risk or 500 dollar risk per trade, you see the pips in them self is not important.

Best regards
  • #1,692
  • Sep 7, 2019 12:02pm Sep 7, 2019 12:02pm
Quoting BTM
Result 19 Aug 2019 - 6 Sep 2019 (2 Weeks) EURUSD +24 EURUSD +45 EURUSD +54 USDCHF +42 USDCHF +56 USDCAD +68 USDCAD +55 USDCAD +56 USDJPY +51 USDJPY +63 GBPUSD -38 GBPUSD +71 (2ND ORDER BEARK EVENED) GBPUSD -36 GBPUSD +68 GBPJPY +127 GBPJPY +200 GBPCAD +137 GBPCAD +152 GBPCAD +95 GBPCAD +88 GBPAUD -75 GBPAUD +140 GBPAUD +147 GBPNZD +165 GBPNZD +94 GBPNZD +73 EURUAD +90 EURAUD +139 EURUAD +60 EURNZD +54 EURNZD +117 EURNZD +92 AUDUSD +46 AUDUSD +27 AUDUSD +16 AUDJPY +50 AUDCAD +40 AUDCAD +54 NZDUSD +28 NZDUSD +19 NZDUSD +40 NZDJPY +62 NZDJPY +45 NZDCAD...

Very nice result. Is this from your whole trading or have you just traded the way you have described this far in the thread ?

Thank you.

Best regards
  • #1,693
  • Edited 12:26pm Sep 7, 2019 12:12pm | Edited 12:26pm
Quoting DrDave
{quote} You must take the trades as the signals come, not look later as time passes and the bands have changed and say, "OH, I should have taken that signal that came earlier!". So at the moment the signal was painted, you made your analysis, and decided this was not a good setup. You followed your rules and LOGICALLY determined what action to take. Do not LOOK BACK at where that signal was and try to RE-ANALYZE the setup, because THE BANDS HAVE MOVED. Never look back and think, "If only I would have done [something], then I would now have more...

Thank. I am trying to improve my analysis after receiving a signal. I was too safe on Friday and missed a good trades. This is a problem so far ... all the time it seems to me that the long is too high and the short is too low))
  • #1,694
  • Sep 7, 2019 12:29pm Sep 7, 2019 12:29pm
I highly appreciate the effort and time that you have put to develop this strategy and more so sharing it for free @BTM. Just to remind you that in every thread, there those who troll with insults having only one objective which is killing the thread. There are also newbies who are not willing even to learn the basics of trading and some lazy traders who value their time and can't read the thread from the first post and try to waste others time we irrelevant and already answered questions.
More importantly, there are serious traders who are ready to take time and learn and are already profiting which are the sole reason as to why you should continue dishing out this wonderful system.
In a nutshell, give us the other aspects of this system as well.
  • #1,695
  • Sep 7, 2019 12:34pm Sep 7, 2019 12:34pm
I'm just thinking ... and I want to accurately see the difference the good signal from the bad in real time. History let history remain)
  • #1,696
  • Sep 7, 2019 12:37pm Sep 7, 2019 12:37pm
Quoting BTM
Result 19 Aug 2019 - 6 Sep 2019 (2 Weeks) EURUSD +24 EURUSD +45 EURUSD +54 USDCHF +42 USDCHF +56 USDCAD +68 USDCAD +55 USDCAD +56 USDJPY +51 USDJPY +63 GBPUSD -38 GBPUSD +71 (2ND ORDER BEARK EVENED) GBPUSD -36 GBPUSD +68 GBPJPY +127 GBPJPY +200 GBPCAD +137 GBPCAD +152 GBPCAD +95 GBPCAD +88 GBPAUD -75 GBPAUD +140 GBPAUD +147 GBPNZD +165 GBPNZD +94 GBPNZD +73 EURUAD +90 EURAUD +139 EURUAD +60 EURNZD +54 EURNZD +117 EURNZD +92 AUDUSD +46 AUDUSD +27 AUDUSD +16 AUDJPY +50 AUDCAD +40 AUDCAD +54 NZDUSD +28 NZDUSD +19 NZDUSD +40 NZDJPY +62 NZDJPY +45 NZDCAD...
Could you draw a line where is this weeks start? So I can look at the past.
Anything above the line is an uptrend, below the line is a downtrend.
  • #1,697
  • Sep 7, 2019 12:54pm Sep 7, 2019 12:54pm
I need some help to understand the baseline and when it has to be bought or sold, as in this example, when it is better to make the buy, when it is below the baseline or above?
Attached Image (click to enlarge)
Click to Enlarge Name: forex.png Size: 12 KB
  • #1,698
  • Sep 7, 2019 1:17pm Sep 7, 2019 1:17pm
Quoting alblive
{quote} i wasnt sure if the c indicator alerts with no arrow was a valid trade? or a false signal?
How about you read from page 1?

Yes valid.
Anything above the line is an uptrend, below the line is a downtrend.
  • #1,699
  • Sep 7, 2019 1:32pm Sep 7, 2019 1:32pm
Quoting Degolep
{quote} How about you read from page 1? Yes valid.

I have read page 1. I don't see any mention of a signal alert but no arrow showing on the chart, which I have experience multiple times already. Please point out where it describes this on page 1....
  • #1,700
  • Sep 7, 2019 2:10pm Sep 7, 2019 2:10pm
Quoting alblive
{quote} I have read page 1. I don't see any mention of a signal alert but no arrow showing on the chart, which I have experience multiple times already. Please point out where it describes this on page 1....
From page 1....
Anything above the line is an uptrend, below the line is a downtrend.
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