Attachments: Thanks Mladen & Mrtools (profitable system with 2 indicators)

Thanks Mladen & Mrtools (profitable system with 2 indicators)

#81
Sep 30, 2019 9:09am Sep 30, 2019 9:09am

cfudge
Joined Apr 2013 | Status: Trader | 1,572 Posts

Quoting DrDave

Disliked

{quote} I am very interested in seeing how the GBPJPY sell turns out, because my bias is for longs. D1 is already overdue to go up.

Ignored

Could be right...
Looking at the 4hr and daily there might be a chance of a head and shoulders and a re-test of mid 130s.

#82
Sep 30, 2019 9:13am Sep 30, 2019 9:13am

mades
| Joined Jul 2007 | Status: Trader | 1,399 Posts | Online Now

Hey,

I have a long experience with indis from Mladen and MrTools, they are above and beyond anything you can get for mt4 (and mt5) and are all for free.

That said .. I tested many many indicators from forex-station and from my experience, it's not good to test them on high TF, because the trade sample is just too small. Test it on lower tf, even 1m to see the failed trades faster. Optimizing a system from lower to higher tf is easier than vice versa.

Also I think there are other interesting hidden gems on forex-station, like step indicators or the super-smoothed average (experiment by Mladen). They often come with mtf/nrp/alerts and different visualizations (lines, candles, dots).

#83
Sep 30, 2019 9:57am Sep 30, 2019 9:57am

T4Trade
Joined Sep 2017 | Status: Trader | 2,686 Posts

Quoting cfudge

Disliked

{quote} Could be right... Looking at the 4hr and daily there might be a chance of a head and shoulders and a re-test of mid 130s.

Ignored

Monday is a trapping day and month end as well. GBp is not very reliable these days,be careful with buys,it will be buy eventually but we don't know when.monthly time frame is forming double bottom,i will enter buy when there is a good setup.

gbp pairs are last on earth to be taken,if u don't have any setups on crosses.

#84
Sep 30, 2019 10:19am Sep 30, 2019 10:19am

DrDave
| Membership Revoked | Joined Jun 2011 | 9,885 Posts

Quoting T4Trade

Disliked

{quote} Monday is a trapping day and month end as well. GBp is not very reliable these days,be careful with buys,it will be buy eventually but we don't know when.monthly time frame is forming double bottom,i will enter buy when there is a good setup. gbp pairs are last on earth to be taken,if u don't have any setups on crosses.

Ignored

That is a key observation. That is why using LAGGING indicators works so well; you let the market TELL you where it is going, so you just FOLLOW after it without trying to guess (via things like "it's overbought now so I'll sell here", or "it's a double top, so it must fall now so I'll sell here") what will happen.

GBPJPY has already told me that D1 is overdue to go up. Did I buy? No, because there is no confirmation yet that it is going up.

To free Gazans of Hamas, use whatever it takes.

#85
Sep 30, 2019 5:12pm Sep 30, 2019 5:12pm

itsDavid
| Joined Jul 2019 | Status: Trader | 326 Posts

I have also found that the template and set files don't work. If someone could post set files and corrected template files, especially for 1H and 4H on XAUUSD (though the same for other pairs would be great as well) that would be really appreciated.

#86
Sep 30, 2019 5:15pm Sep 30, 2019 5:15pm

cfudge
Joined Apr 2013 | Status: Trader | 1,572 Posts

Quoting itsDavid

Disliked

I have also found that the template and set files don't work. If someone could post set files and corrected template files, especially for 1H and 4H on XAUUSD (though the same for other pairs would be great as well) that would be really appreciated.

Ignored

Post 1
At the bottom of post 1

#87
Edited 5:56pm Sep 30, 2019 5:17pm | Edited 5:56pm

cfudge
Joined Apr 2013 | Status: Trader | 1,572 Posts

Quoting mades

Disliked

Hey, I have a long experience with indis from Mladen and MrTools, they are above and beyond anything you can get for mt4 (and mt5) and are all for free. That said .. I tested many many indicators from forex-station and from my experience, it's not good to test them on high TF, because the trade sample is just too small. Test it on lower tf, even 1m to see the failed trades faster. Optimizing a system from lower to higher tf is easier than vice versa. Also I think there are other interesting hidden gems on forex-station, like step indicators or the...

Ignored

I am liking EMAVS Channels, I am looking to build a strategy just using this one indicator

I also really like Reverse ema 2

#88
Sep 30, 2019 5:32pm Sep 30, 2019 5:32pm

cfudge
Joined Apr 2013 | Status: Trader | 1,572 Posts

I want to let everyone know that northwind has set in motion with Joeef to write an EA for us.

It should be posted here when completed.

Chris

#89
Edited 7:09pm Sep 30, 2019 5:50pm | Edited 7:09pm

itsDavid
| Joined Jul 2019 | Status: Trader | 326 Posts

Quoting cfudge

Disliked

{quote} Post 1 At the bottom of post 1

Ignored

Hi

I had already seen and copied the settings from post 47 for the Super Candles indi but wasn't sure of the correct settings for the frama ribbon indo (hence my question). Or is that just always as shown at the start of post one regardless of pair or timeframe?

Thanks

David

ADDED: Sorry. I have just read post one again. I completely missed the bit about only the Super Candles indi needing the settings changing, and that the Frama Ribbon always stays the same (apart from being set on timeframe forward from the one you are trading). I've been assuming there are some settings for that which I am missing!

#90
Sep 30, 2019 7:29pm Sep 30, 2019 7:29pm

northwind
Joined Oct 2017 | Status: Trader | 362 Posts

Quoting cfudge

Disliked

I want to let everyone know that northwind has set in motion with Joeef to write an EA for us. It should be posted here when completed. Chris

Ignored

Thanks Chris,
You deserve some help since you're doing the heavy lifting on this thread.
Either your birthday or Christmas may come early this year.
John

Perfidious Pips

#91
Sep 30, 2019 7:50pm Sep 30, 2019 7:50pm

cfudge
Joined Apr 2013 | Status: Trader | 1,572 Posts

Quoting northwind

Disliked

{quote} Thanks Chris, You deserve some help since you're doing the heavy lifting on this thread. Either your birthday or Christmas may come early this year. John

Ignored

HAHA
maybe it will be early thanks giving...LOL

#92
Sep 30, 2019 8:08pm Sep 30, 2019 8:08pm

cfudge
Joined Apr 2013 | Status: Trader | 1,572 Posts

Here is a tutorial (for those who need it) on how I am figuring out the xSuperTrend settings for various TFs.

First- figure out the two TFs you wish to use.

Second- open two charts with the lower TF.

Third- put the Frama Ribbon on both charts with the settings from post 1 and change the TF (on the frama ribbon settings) to the higher TF you are using.

Fourth- put xSupertrend on both charts with the settings from post 1, on one of the charts set to your desired higher TF and on the other chart set it to the current TF.

Fifth- on the chart with the xsupertrend set to current TF change the settings until you get it to match the higher TF chart.

Hope that is helpful.

Chris

#93
Sep 30, 2019 8:36pm Sep 30, 2019 8:36pm

Ramana
| Joined Sep 2017 | Status: Trader | 65 Posts

Quoting cfudge

Disliked

Here is a tutorial (for those who need it) on how I am figuring out the xSuperTrend settings for various TFs. First- figure out the two TFs you wish to use. Second- open two charts with the lower TF. Third- put the Frama Ribbon on both charts with the settings from post 1 and change the TF (on the frama ribbon settings) to the higher TF you are using. Fourth- put xSupertrend on both charts with the settings from post 1, on one of the charts set to your desired higher TF and on the other chart set it to the current TF. Fifth- on the chart with the...

Ignored

Dear CFUDGE,
I am trying to reach you with google translate but some thing missing to reach you. I want use 4H and 30m TF, can you please post settings for these two charts again please. hope understand my problem. Thank you.

#94
Sep 30, 2019 9:49pm Sep 30, 2019 9:49pm

cfudge
Joined Apr 2013 | Status: Trader | 1,572 Posts

Quoting Ramana

Disliked

{quote} Dear CFUDGE, I am trying to reach you with google translate but some thing missing to reach you. I want use 4H and 30m TF, can you please post settings for these two charts again please. hope understand my problem. Thank you.

Ignored

Post number 5

But you will have to change the settings on the xsupertrend 30 min chart to match the 4hr by following the steps in my last post

#95
Sep 30, 2019 10:38pm Sep 30, 2019 10:38pm

Ramana
| Joined Sep 2017 | Status: Trader | 65 Posts

Quoting cfudge

Disliked

{quote} Post number 5 But you will have to change the settings on the xsupertrend 30 min chart to match the 4hr by following the steps in my last post

Ignored

I need those settings please.

#96
Oct 1, 2019 4:24am Oct 1, 2019 4:24am

aaven
Joined Jul 2015 | Status: Trader | 2,299 Posts

Quoting cfudge

Disliked

I want to let everyone know that northwind has set in motion with Joeef to write an EA for us. It should be posted here when completed. Chris

Ignored

That's great news Chris... testing will become much easier...

#97
Oct 1, 2019 4:25am Oct 1, 2019 4:25am

aaven
Joined Jul 2015 | Status: Trader | 2,299 Posts

Quoting northwind

Disliked

{quote} Thanks Chris, You deserve some help since you're doing the heavy lifting on this thread. Either your birthday or Christmas may come early this year. John

Ignored

John,

That's good news with regards to the EA.Many thanks for stepping up and helping Chris... Much appreciated...

Thanks

#98
Oct 1, 2019 4:30am Oct 1, 2019 4:30am

aaven
Joined Jul 2015 | Status: Trader | 2,299 Posts

Quoting Ramana

Disliked

{quote} I need those settings please.

Ignored

Ramana,

Currently trading logic is in transition and as you can Chris has his hands full. For now, see if can figure out the settings by rereading all the posts- You can use combination of 30 Mins and 4HR or 15 Minutes and 1 Hourly. Another option is use the given settings on Daily and 4 Hour and try to better understand the strategy which will make it easier for you figure it out for your choice of tf's

Thanks

#99
Oct 1, 2019 4:52am Oct 1, 2019 4:52am

itsDavid
| Joined Jul 2019 | Status: Trader | 326 Posts

Quoting cfudge

Disliked

Here is what I have figured out for the 4 hour chart with Frama Ribbon set to daily signals and xSuperTrend set to 4 hour signals but mirroring daily chart. The charts on the left are the adjusted ones, they are mirroring the ones on the right. I am going to set this up for trading this coming week (4 hour set up). It would be nice to have an EA...just saying. Chris {image} {image} {image} {image} {image} {image}

Ignored

Hi cfudge

I have set up XAUUSD as described in post 92, using the 4H settings you posted in post 47 but I can't seem to get my charts to match. Any idea what I might be doing wrong, or do I need to just try changing the xsupertrend settings on this machine?

Thanks

David