The "You can't be serious" system

No problem :
Santé CAPM !
Cheers !


Nozzer do you sincerely believe that if he had a great thing that really wins (with 2 MAs), he would be there explaining on pages and pages, to insufferable guys like me, how to play his strategy? Of course not ! He would be making a fortune or sipping a cocktail in the Bahamas surrounded by pretty women.
You dream man
But it's fun and I follow all posts here with geat interest. There is always something to learn (or to laugh about)
jf

Every serious trader knows that the real success formula in Forex is all about Money Management!!

A lot systems may work when traded propperly and have a statistical edge of winning when market conditions allow
enough trades with an acceptable winrate.

Therefor MA systems may work in trendfollowing with good risk-reward ratio.
Maybe the author will explain his edge very soon.
Best greetings and have fun reading.

So as I promissed yesterday, here is the current Alpha-Version of the Indicator(Update from Post#34).

Patchnotes:
-now shows signals from the past(just attach it to any chart, any timeframe)
-time filter available
-two different colours for better visualizing


coming in the next version:
-alerts
-better visualization of the breakout lines
-....
-anything you wish here



If you(capm) don't want, that I code indicators for your idea, then just tell me and I will stop. But I just love coding(even more than trading) and I found this thread very interesting. So what I can offer here, as a coder, is, to bring every idea to code - to automization.
No EA's or shit, just indicators for better visualization.

If it is not wanted then just tell me and I will stop. But as I said I found this thread very interesting so I started to code a bit.. Just because..it's fun

Thanks for the mq4 file.

regards

[quote=capm;13536517]To use a millennials' expression, Oh… my…. God! What have I started?

Very nice thread and really is nice to see simple systems again, keep up the great work.

After a session with my therapist, he suggested to re-iterate the message in a clearer way, but also do some soul searching (the cheeky b.....!)

Let’s get back to basics (I am sure at least one reader will love this!)
I was thinking about a thread for beginners, or confused, or curious traders that showed a way to navigate through charts. At this stage it looks like I am failing on my target, as many of the posters here seem to be experienced and knowledgeable traders (of this I am flattered, honestly.)

I thought I made it quite clear that I was not claiming to have a super-duper money machine system that would have solved all your financial problems. Le celte is right: would I be here if I had it? (well some people may, but that is beside the point.) Or would I have gone through all this blah blah if I wanted to promote a simple, buy blue sell red, always in system? I would have picked the right examples, packaged it as the miracle system, took pictures of me (well, probably a young model alias) on a Ferrari, tried to sell it for squazillions, with dreams of cocktails in the Bahamas. And, to le celte's delight, all my words would have been: “Pay me, use it, win it, join me in the Bahamas!”

Some people are more patiently awaiting further revelations but their tone seems to imply that they expect a miracle strategy that makes loads of money and perhaps they wait to either use it or to poo-poo yet another arrogant maker of such a claim.

I have not made any such claim. Yet, I have been quite surprised by some of the replies, and, being intellectually curious and always thinking that there are many ways to see and interpret things, I started pondering (you are right: I am not having much of a life these days!) After quite a lot of "cerebral masturbation", I think I have to face some reckoning and admit I may have not thought it through.

I will condense here at least 45 chapters of my famous book.
In my (paid for!) educational activity I usually have to start from stopping traders to act as headless chickens: impulse trading, revenge trading, overconfident trading, trading for the sake of it, jumping from strategy to strategy, etc. To do so, I introduce discipline in the form of strict rules. As strict rules are convenient for a mechanical system, I use simple mechanical systems to benchmark traders' performance, create stats, understand issues, etc. It could be any mechanical rule: one of them is the strategy I am talking about here. That is just a stage, and I then introduce other elements. I do not want to dwell too much into this, but you get the idea.

I thought that in this thread I could go along those lines and that people would follow suit, with the typical awe, patience and expectation you have while attending a course or a coaching session. But forums are not a training room made of eager, paying people. They are a free for all, undisciplined, unregulated and yet creative and flexible environment. You learn something every day!

So, when I introduced a simple version of a mechanical system (I repeat, as a starting point) a lot of people jumped on it with all their baggage of analytical skills, EA programming, critical comments, eagerness to have “proof” that the strategy works, or not, and whatever else motivates them. On the one hand this is great, as it is the participative nature of forums. But on the other hand it may not necessarily be conducive to the learning process. That’s why you can’t have it in a course.

But, to be fair, many people checking on a forum under the category “trading systems” do not look for a course-like blurb around a silly strategy. They look for … well….whatever they look for in a system, and expect to find one. I have probably not considered this aspect, up to now. This is not a training room, paid-for course. I have inadvertently mixed the issues here and perhaps created some confusion. For this, I have some responsibility and I apologise.

So do you want to build the system further up or not? Because otherwise I would focus on other projects. I can not focus on 20 projects and out of your last reply it sounds like, that this has not developed how you wanted.

Regards

This is so true Capm. Just go on and thanks for sharing your experience and system.
Cheers.

It is not a system, it is a approach. But an very interesting one!

This should help with divergence and direction - I enjoyed reading this thread
It is claimed by the day trader who gave the indi to me that no trader who works hard should have a daily loss with it!!
He also claims to have upwards of 10 trades every trading day.
I have checked it, and it is good, but as I do not trade now I thought it could be of interest.
George

Great concept!

I would really like to hear capm to tell what he came here to tell. Im always open for new ideas and maybe i can get some new piece in a puzzle. You never know how things will react in your head, but there are always some who likes to "destroy" things.
Leave capm to do it his way is that really so hard to do...just dont read and go away.

Please continue Capm. I am always interested in new possibilities. Ignore the cynics and nay sayers. They should learn some manners - but this IS FF. it is full of it.

A little discipline when operating it never hurts to remember.
I'm curious how you plan to filter movements in range.
Follow in their footsteps as you originally intended.

I'm happy to forgo dll and study collection creation for now while we progress with the course. I'll start the meeting:

I am an addicted revenge trader and its 4 months since I last took an rt.
One day at a time.

My daily trading is HSI with typical trades from 1-10 minutes so I've struggled to focus on M15 and H4 forex long enough to trade it consistently. So I'm ready for the discipline of learning forex trading at capm's feet .

Dear Camp,
I've been in FF for over 1 year and I still haven't been successful.
I will follow this topic for more than 1 year.
Please continuos !

I may not be the popular type but i well know when some thing has value, Capm you know the value of what you are giving out, but many of the so called guru here will not let us be, i wonder how many suffering traders that they have being able to save. pleas Capm keep on doing what you know best, we are with you.

It's getting pathetic

Your assessment though

I love this!

1) Le celte, how masochistic can you be, keeping reading stuff that gets on your nerves on a thread that has obviously nothing for you? Don’t you have Netflix? Or a book about bars in Bahamas? Come on, man! I even said you were right in my last post. You win! How else can anyone here please you?

2) Somewhere, in my playful interaction with my friend le celte, I joked about a 3,450 page book that I supposedly wrote. I have received enquiries about the book. It was a joke, and I am sorry for any misunderstanding. Having said that, I may consider writing a book, provided Le celt writes the introduction

All this for two MAs
So funny. Too funny, I want more!
The day of the distribution of the stupidity there were people.
I trade. Every morning at open London. Once in position I have time to read you. We don't often have the opportunity to laugh
I'm calm, cool, zen, I assure you
Please continue. Don't mind me.
So post your strategy, in relation to your strat instead of wasting your time in blabla for me
A votre santé
jf