Casino EA Trader

HI Gene


I think we need to change the logic a little.

the thing is that now we seek to enter just after the move starts an not like before where we entered before the move starts

this means the start of the move can be quite explosive and very often the RSI indicator ends up far below the top 70 (when trading shorts) or far above the bottom 30 (when trading longs) for example and this means our logic will miss a lot of trades so, can you please change the logic to the following:


if(RSIPrevious<10 && RSICurrent>RSIAveCurrent && RSIPrevious<RSIAvePrevious) Buy;
if(RSIPrevious>90 && RSICurrent<RSIAveCurrent && RSIPrevious>RSIAvePrevious) Sell;

With the above logic we can easily change the bounds to 90 / 10 (or whatever bounds people want to select) and therefore be much more selective of quality trades

I have played around some more with your indicator and seems a tight average (e.g. 2 period mov ave) works great. IN the second snapshot im using a 2 period average

Thanks '
H

Love HAS, would be nice to have it as an exit option as well as a entry filter if we can control its settings like in previous TS's you have created. What we have so far is above and beyond, house work for the wife is more important

Gene

Bless you!!!

It will be fantastic if you can add HAS into CT as a directional filter.

Please make sure you adjust the RSI logic to the following. The highlighted is what i suggest it should be.


if(RSIPrevious<10 && RSICurrent>RSIAveCurrent && RSIPrevious<RSIAvePrevious) Buy;
if(RSIPrevious>90 && RSICurrent<RSIAveCurrent && RSIPrevious>RSIAvePrevious) Sell;


Thank you

regards

H

MY Exit is going to be 0.5 from S9 TS or S9 Cycle Trader Ts Ball 4.


BALL 4 TOOK TP

Here is a video on some updates that will be coming out towards the end
of the week for Currency Trader v5. Those lucky traders who already have
v4 will receive this upgrade.
To see how you can join the other Currency Traders, go to my Web Site and check it out.
seller9.net

http://www.youtube.com/embed/GqQ8f3E...l=0&autoplay=1

Hi Seller9

Thanks for the great work and the video.

Gives a very good idea of what to expect.

Kind regards

H

Good day for trends, going to keep them running for a while. Looking forward to incorporating HAS.

Trend Rider H1


Ichimoku H1

JW on your risk (stop loss) on this and how you calculate Risk:Reward?

Currently just using 0.5 TP and 0.5 SL in the dashboard. Not really recommended for live trading as I am only watching the different systems work over time and pulled the numbers out of a hat just as a comparison.

HMuller1971 has a fantastic post a few pages back in this thread about risk management, just look for the post that takes up both of your monitors It's worth the read.

Currency Trader / Trend Rider / Swinger Exit

Attached Image (click to enlarge)

H4 Chart / Trend Rider

Attached Image (click to enlarge)

H1 Chart / Swinger Exit

Attached Image (click to enlarge)

Video:
http://www.youtube.com/embed/lmhxN72...l=0&autoplay=1

I did not get a good start to the week with most of my setups in the Red, with the exception of MACD(opt 2) + HM240

Trying the 4H Trend Rider. 1st trade went well.

TRADING MANUAL

GBPJPY BEAR.
What makes GBPJPY TO GO DOWN IS Fibo confirmation and SRI Arrow and MA Crossover

Hi Guys

I have a keen interest in the new Trend Rider.

Have been running it since last night and check it every hour or so.

I have settings: TrendRider TF = 60 and Swinger Exit TF = 30 with a DB TSL = 0,3 and Lots = 0,05

The nice thing is it only has a few trades on at any given time, so my Gross Exposure is very low. I believe the highest I have seen Gross Exposure so far was 324% which is very good. Its been performing very well (most trades start running right from the get go) and Im very impressed so far . Will keep an eye on it to see how it performs over the next few weeks.

Im not saying this is the Holy Grail.. Just that it seems to have some good potential. we will only know after long term testing.

Nice work, Seller9.

regards

H

The idea came from a trader here in the forum, I believe it was alula, so he deserves the credit.

I am always looking for good ideas to add to the Currency Trader.

I believe he traded it on the H4 and daily.

Here is a video on upcoming v5 things.

http://www.youtube.com/embed/mzGu2ws...l=0&autoplay=1

[quote=seller9;12878903]{quote} The idea came from a trader here in the forum, I believe it was alula, so he deserves the credit. I am always looking for good ideas to add to the Currency Trader. I believe he traded it on the H4 and daily.

Alula

Seller9 mentioned that TrendRider is a concept that you shared.

Can you perhaps give us more information on this concept. Not about the indicators, but more on its behavior.

1) How long have you traded it.
2) what do you recommend,
3) which TFs work best
4) how does it behave in trending markets (pre 2020)
5) how does it behave in sideways markets (post Feb 2020)

etc..

regards

H

I agree that the new Trend Rider is performing quite well in early stages of testing, on Tues it was not performing well on 60mins so I took Eugenes suggestion and moved to 4h charts with "Swinger Exit", the result was much better on Wednesday, but it could not hit my target EL yet, may need a lower target for this setup:



In the meantime MACD(opt 2) + HM240 is working well, MACD(opt 3) is still not giving me any signals.



The old S9_Toolbox DB with Cycle_Trader_TS_V5 on H4 charts had a nice result yesterday, I'll probably exchange this setup for the updated Swinger in V5 of S9_CT DB:



Adding CCI to WaveRider did improve the result, but no target hit:




My other setups are still struggling down in the Red zone...:

No credit please. Indicators are not created by me and were suggestions from a few other lost forums i found long ago. Gene has made it possible to incorporate them into his dashboard so we can test on lower time frames.

1) Live one year
2) Find a good exit indicator, my current live indicator is trend line cross and/or iMAX Cross. Combined over 3 years of visual backtest (non repainting) over the 28 pairs only gave a 1% advantage over closing at 1 ATR. Not that fantastic for an exit indicator. (special note; i completely accept and respect re-painters, just not for visual back testing)
3) D1; only because that is all I know live, other time frames could work well, I have not personally traded them over time.
4) Trending markets it gets in late and you are counting on long trends to make up for chop.
5) Chop is not good with this system, a good exit indicator is still needed.

I have been profitably trading Trend Rider as an entry system for the last year on D1 as that is all I have time for to trade. Recently I have been working from home and started trading it manually during NY on H. Had a few killer weeks and a loser on H1, however I was not able to accurately trade the system every hour as I have other obligations.

I am still a firm believer that trend trading D1 and avoiding news is where you want to be, that said I have only been trading for a few of years so I am open to the possibility that I am completely wrong. I traded H4 for a while but could never catch my close or open for London as I live in Colorado and prefer to sleep through the night, so H4 is still on my tester list.

I am really looking forward to using HAS and/or Swinger as exits to compliment the entries for Trend Rider and Ichimoku. I am still currently researching and testing other exit/entry options and look forward to the evolution of the S9 Currency Trader. I don't think I will ever be satisfied to trade again without some version of this dashboard (even the free ones, AMAZING!).

Profits aside, I am currently testing Trend Rider on H1 vs Ichimoku on H1 with a race to 0.5 in either direction as I consider Ichimoku to be a gate keeper to the trend world. I was expecting similar results and thought my theory was correct for the first day. Turns out I was totally wrong As you know time tells the truth. Will leave them running until sometime on Friday.

Interesting to watch, no conclusions.

H1 Ichimoku absolutely owning it! for the first couple of days, then DD. Clearly a good situation for EL.



Similar start this week for Trend Rider, then a turn for a big draw down then a rebound to profit.



Started playing with HAS color change numbers for entry confirmation and exits for fun. As always, looking forward to next week.



Oh small edit: After a re-read I realized the question was post 2020: Currently up 9.3% on <2% per trade in 2020 for live trading with this entry on D1. However I also use a volume indicator (that i am currently trying to replace) that keeps me out of a few trades. 2020 has been... well you know. I also currently close all live trades at 1 ATR due to my lack of an exit indicator that will beat it over 3 years.