Derek et al Easy Trading System | Page 8 | Forex Factory

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Derek et al Easy Trading System

  • #141
  • Mar 27, 2020 4:20am Mar 27, 2020 4:20am
Quoting Spikehunter
{quote} Hi derekw, I'm with you on repainting. If its reasonably stable for 2-3 bars thats ok. Anything longer is history anyhow. Weighted values will always give different results over time, that's their methodology. Even fractals require a number of bars either side. Nothing is perfect, if it was we wouldn't be trading.
Thanks for the support on this issue Spikehunter. I think you put it very well. An indicator where price goes against it is certainly no better than one that re-paints when price goes against it. It is only that the historical visual can be misleading - like a zig zag indicator - view it's history and it is perfect. The re-paint on the Forex sweepmod is fine to me; it's not trying to display that fractal kind of perfection.
  • #142
  • Mar 27, 2020 5:06am Mar 27, 2020 5:06am
Quoting edge540
{quote} You're talking to yourself Derek.
Not any more. I'm reading through this. I have some q's but will wait until I have read all posts.
  • #143
  • Mar 27, 2020 5:20am Mar 27, 2020 5:20am
Quoting Spikehunter
{quote} Not any more. I'm reading through this. I have some q's but will wait until I have read all posts.
  • #144
  • Mar 27, 2020 5:21am Mar 27, 2020 5:21am
M30 GER30 Chart

I felt uncertain about direction today what with quite a bit of red in the ichi indi and also our channel points down, but maybe there's a bounce here?
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 65 KB
  • #145
  • Mar 27, 2020 5:22am Mar 27, 2020 5:22am
Quoting derekw
{quote}
Finished, and questions answered in the posts like I thought they would be. I have read it, now to understand what does what and apply it.

Take care with either the Govt or the Virus, they can both be nasty bed fellows.
  • #146
  • Mar 27, 2020 6:21am Mar 27, 2020 6:21am
hello! Derekw indicator "forex sweepmod" no repaint ? _Thank
  • #147
  • Mar 27, 2020 6:30am Mar 27, 2020 6:30am
Quoting derekw
Re-paint of indicators Whilst thinking about how to tackle this I've kind of decided not to get into it to deeply. I am probably one of the very few traders that doesn't mind re-paint indicators. I do mind about the reasons why they re-paint though. Basically put; the only real difference between non re-painting indicators and re-painting indicators is that the re-painting indicator cannot be back tested. Both will give a signal that would cause you to make a decision. Indicators are tools. Indicators cannot predict the future. If you use your tools...
i agree
  • #148
  • Mar 27, 2020 6:54am Mar 27, 2020 6:54am
@vothanhtung
8 pages, too much to read?
1 indicator, too much to test on a 1minute chart?

Next question for yourself: whats the reason I am not successful in forex trading? Why am I still searching?

Greetings
TWEE, revoke my membership.
  • #149
  • Mar 27, 2020 6:58am Mar 27, 2020 6:58am
Quoting Bartleby
@vothanhtung 8 pages, too much to read? 1 indicator, too much to test on a 1minute chart? Next question for yourself: whats the reason I am not successful in forex trading? Why am I still searching? Greetings
Its the same on every thread, unfortunately.
  • #150
  • Mar 27, 2020 9:27am Mar 27, 2020 9:27am
Hi Derekw
I have loaded this up on a number of charts but it seems something is slugging my PC. Have you had any performance issues in the past? How many pairs do you monitor?

EDit,
I have narrowed it down to the TMA lines. I have had trouble with these before.
  • #151
  • Mar 27, 2020 11:04pm Mar 27, 2020 11:04pm
Quoting derekw
{quote} Hi Sickmonster. It is trend. Unfortunately, I cannot tell you very much about this indicator. I don't have an .mql version of it which I could give to a programmer to analyse. Pity. So all my knowledge of it is just from observation. It paints according to H4 and when it does it paints one bar back, so the first appearance of it is always two bars. It doesn't repaint, but can change during the H4 period.
Yesterday I watched FxMAx, it even repainted 4 bars back on H4 NZDJPY. Useless for a trend indicator.

Regards,
Blackeagle
  • #152
  • Mar 28, 2020 12:35am Mar 28, 2020 12:35am
Quoting Spikehunter
Hi Derekw I have loaded this up on a number of charts but it seems something is slugging my PC. Have you had any performance issues in the past? How many pairs do you monitor? EDit, I have narrowed it down to the TMA lines. I have had trouble with these before.
Hey Spikehunter. No no lagging issues and 14 pairs open at the same time and two versions of MT4 running at the same time, (I have two brokers).
I used to use mladens TMA, but haven't for a while - Perhaps try it - I've attached it. Maybe on Monday I'll play with the mladen TMA again. Can't recall why I stopped using it. I have a lot of respect for mladen's work.

Attached File(s)
File Type: ex4 TMA+CG mladen.ex4   29 KB | 542 downloads

Attached File(s)
File Type: mq4 TMA+CG mladen.mq4   9 KB | 584 downloads
  • #153
  • Mar 28, 2020 12:40am Mar 28, 2020 12:40am
Quoting Blackeagle
{quote} Yesterday I watched FxMAx, it even repainted 4 bars back on H4 NZDJPY. Useless for a trend indicator. Regards, Blackeagle
Hi Blackeagle. I've only ever seen it draw three bars on H4. Perhaps it has something to do with time zones? The use of it is for you to decide, but study the validity of 3 or even 4 bars on this chart... Sometimes a system can work well on a particular indice and TF at a particular point in time. IF you find that fit, do you need anything more?

Attached Image (click to enlarge)
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  • #154
  • Mar 30, 2020 12:48am Mar 30, 2020 12:48am
H1 Chart. Third touch on a Support area is often a break of that area. But for FXMax, I think we are going down again as Support breaks.

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  • #155
  • Mar 30, 2020 1:37am Mar 30, 2020 1:37am
XAUUSD

Tightened TP.

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  • #156
  • Mar 30, 2020 5:33am Mar 30, 2020 5:33am
M1 Short in very flat market.

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  • #157
  • Mar 31, 2020 6:55am Mar 31, 2020 6:55am
An M1 trade. SL = BE.

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  • #158
  • Mar 31, 2020 7:19am Mar 31, 2020 7:19am
Quoting derekw
An M1 trade. SL = BE. {image}
Hi Derek, how are things in CT? I am your newest subscriber and am studying with interest! The dashboard indi / right hand lower cnr displays very large on my screen compared to yours! Anyway of making it smaller?? I am trading DAX only and am looking at your method to combine with mine, but will post later once i make sense to myself and others!! Phillip (ex Namibia,retired in Germany)
  • #159
  • Apr 3, 2020 12:51am Apr 3, 2020 12:51am
Hi Derek,
GU building for a long, I had a nice trade on the USDCAD yesterday using thi system; the simplified version is working nicely for me, thank you!

Cheers, Dave
Attached Image (click to enlarge)
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Everything should be made as simple as possible, but no simpler - Einstein
  • #160
  • Apr 9, 2020 10:58am Apr 9, 2020 10:58am
Quoting derekw
M30 GER30 Chart I felt uncertain about direction today what with quite a bit of red in the ichi indi and also our channel points down, but maybe there's a bounce here? {image}
Hello Sir, can we use this complete system on Android Mobile?
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