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The Daily Fozzy Method

  • #861
  • Nov 10, 2006 8:22pm Nov 10, 2006 8:22pm
Hey ya'll- I was wondering why my posts came up missing.When I read the copies that BeachBum posted I realized that they must have dropped out when I later went back and corrected a few misspelled words. BeachBums copies were from the original posts before I went back and edited. I must have somehow deleted my own posts. A warning to all cuz I recall seeing them reposted before I shut down. Could be the Forum has a bug that will lose a post that has been edited after it was originally posted. Then again there may be a loose nut behind my mouse!
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #862
  • Nov 10, 2006 8:31pm Nov 10, 2006 8:31pm
This is why your posts were lost:

http://www.forexfactory.com/forexfor...ad.php?t=10048
Quoting Gee Seven
Hey ya'll- I was wondering why my posts came up missing.When I read the copies that BeachBum posted I realized that they must have dropped out when I later went back and corrected a few misspelled words. BeachBums copies were from the original posts before I went back and edited. I must have somehow deleted my own posts. A warning to all cuz I recall seeing them reposted before I shut down. Could be the Forum has a bug that will lose a post that has been edited after it was originally posted. Then again there may be a loose nut behind my mouse!
  • #863
  • Nov 10, 2006 11:17pm Nov 10, 2006 11:17pm
You don't need to do anything in the editor with these. These are parameters I expose as "External Parameters". When you attach an EA to a chart, a window will come up. Just change the parameters I mention in that window. No programming is required.

Quoting Gee Seven
Thanks StockWet, I've been wanting a 1hr Fozzy alert. I'll load it up in the editor and see if it works. I'm new to MT4 and not much of a programmer but I can tweak things in the editor when I have instructions like you just gave me.I'm sure hoping this will work. Thanks again, people on this board are great. I hope I can be of as much help to others as I have received here. Blessings- G7
  • #864
  • Nov 11, 2006 3:17am Nov 11, 2006 3:17am
Thanks to Gee Seven & BB for (re)posting : will set up a 60 min chart on Monday & pt the London morning session.

J.
  • #865
  • Nov 11, 2006 9:40am Nov 11, 2006 9:40am
Ok, I unny that. There have been a few EAs I've worked with that I would toggle TRUE/FALSE settings or such. Changing parameters from the start window is easier for sure. NOW, the problem is I can't find the EA with alert we're taking about <blush>. Do you remember the post number it is attached to?

Quoting stockwet
You don't need to do anything in the editor with these. These are parameters I expose as "External Parameters". When you attach an EA to a chart, a window will come up. Just change the parameters I mention in that window. No programming is required.
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #866
  • Nov 11, 2006 9:54am Nov 11, 2006 9:54am
http://www.forexfactory.com/forexfor...ead.php?t=8527

Quoting Gee Seven
Ok, I unny that. There have been a few EAs I've worked with that I would toggle TRUE/FALSE settings or such. Changing parameters from the start window is easier for sure. NOW, the problem is I can't find the EA with alert we're taking about <blush>. Do you remember the post number it is attached to?
</blush>
  • #867
  • Nov 12, 2006 10:47am Nov 12, 2006 10:47am
Colin Bruner aka GeeSeven,

Have u remembered about posting of Keltner bands?
<!-- / message --><!-- sig -->
CCI decipherer
  • #868
  • Nov 12, 2006 1:18pm Nov 12, 2006 1:18pm
Here attached is the Keltner Bands indicator. I thought I posted it already but it seemed to dissappear !??

Quoting sogt725
Colin Bruner aka GeeSeven,

Have u remembered about posting of Keltner bands?
<!-- / message --><!-- sig -->
Attached File(s)
File Type: mq4 Keltner Channels.mq4   3 KB | 540 downloads
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #869
  • Nov 12, 2006 5:02pm Nov 12, 2006 5:02pm
Hi BB

In attach I found two different signals for each platform I use interbank platform demo and stratgeybuilder platform, and as you see each one give different result,

So can you help to guide me what is the best one and can you give the last fozzy template, to make shore it is the same one I use,

<o> </o>
Attached Images
....
  • #870
  • Nov 12, 2006 7:06pm Nov 12, 2006 7:06pm
Two different signals because you are looking at two DIFFERENT currency pairs............eur/usd and gbp/usd.



Quoting sami772
Hi BB

In attach I found two different signals for each platform I use interbank platform demo and stratgeybuilder platform, and as you see each one give different result,

So can you help to guide me what is the best one and can you give the last fozzy template, to make shore it is the same one I use,

<?xml:namespace prefix = o /><o></o>
  • #871
  • Nov 12, 2006 9:05pm Nov 12, 2006 9:05pm
I posted an explanation of the problem I have with the Fozzy EA on that forum. Thanks for what you've tried to do in giving me attention on this. I guess what I'm needing is a Fozzy Indicator rather than an EA with alert capability that runs on any time frame. If someone else needs this that can program MT4 indicators, I hope you will write it and post it here or on the Fozzy EA forum. I guess it would just be a RSI/MA crossover, right? Is there already such an MT4 alerting Indicator out there that does that? I assume the Fozzy EA 2.2 works for other people or I would have read about it here.Like I posted there other indicators and EAs load fine for me with the Window always opening right after clicking the indicator but not this one.
"Though this be madness, yet there is method in it." -Hamlet Act II
  • #872
  • Nov 12, 2006 10:06pm Nov 12, 2006 10:06pm
Quoting Gee Seven
I posted an explanation of the problem I have with the Fozzy EA on that forum. Thanks for what you've tried to do in giving me attention on this. I guess what I'm needing is a Fozzy Indicator rather than an EA with alert capability that runs on any time frame. If someone else needs this that can program MT4 indicators, I hope you will write it and post it here or on the Fozzy EA forum. I guess it would just be a RSI/MA crossover, right? Is there already such an MT4 alerting Indicator out there that does that? I assume the Fozzy EA 2.2 works for other people or I would have read about it here.Like I posted there other indicators and EAs load fine for me with the Window always opening right after clicking the indicator but not this one.
I took the original Fozzy indicator someone uploaded to this thread and added the alert on cross functionality.

Jason
Attached File(s)
File Type: zip Fozzy_Alert.zip   1 KB | 741 downloads
  • #873
  • Nov 13, 2006 4:50am Nov 13, 2006 4:50am
Has anyone else took the EUR/CHF short from Thursday?
  • #874
  • Nov 13, 2006 6:22am Nov 13, 2006 6:22am
I did and closed it Friday for +20 pips.

Quoting PTOURNIS
Has anyone else took the EUR/CHF short from Thursday?
  • #875
  • Nov 13, 2006 6:44am Nov 13, 2006 6:44am
Check this out guys. I posted a little thing about this on my blog. Consistancy is key. Let these positions play out, don't close them because you get antsy. I closed this position 3 days later because it was, in my opinion, going no where. Now look at it!

My performance as of late has been horrible, I blame my poor handling of situations like these. However, my account is still up 13% because of good money management. My current win % is at 40%.

http://www.aforexblog.com/wp-content...d-11-13-06.gif
So far so good.
  • #876
  • Nov 13, 2006 7:28am Nov 13, 2006 7:28am
Quoting BeachBum
Wed-Thurs 11/1-2

AUD/JPY.................................Still open (Currently +16) closed 11/6 +36

Thurs-Fri 11/2-3

EUR/AUD(F).............................+55
EUR/CHF(F).............................Still open (Currently +30) closed 11/6 +50
Sun-Mon 11/5-6

EUR/USD(F).................................-55
GBP/USD(F).................................-75
USD/CHF(F).................................-60
USD/JPY(F)..................................-57
EUR/CAD(F).................................-80
EUR/JPY(F)..................................+100
AUD/CAD(F).................................+40
CHF/JPY......................................+75

Mon-Tues 11/6-7

NZD/USD......................................+35

Tues-Wed 11/7-8

AUD/NZD......................................-58

Wed-Thurs 11/8-9

AUD/JPY......................................+60

Thurs-Fri 11/9-10

EUR/USD.......................................+40
USD/CHF.......................................+40
EUR/CAD.......................................+60
EUR/CHF.......................................+20

Total for the week..........................+171

This was the poorest performing week for me with this method since I began in mid September, and yet I still ended the week with a gain of 171 pips.

This week I will be tweeking my use of this strategy a little. I will enter a second trade after the RSI crosses the MA AND the price breaks the previous day's high (buy) or low (sell). I may or may scale out these two trades (haven't decided yet). Also, I will tighten my stops a little, probably .7 times the ATR (10). If I can find some time I would like to backtest successful trades, chart the retrace on all the winners and then use this amount to determine my stop.
  • #877
  • Nov 13, 2006 7:35am Nov 13, 2006 7:35am
Thanks for posting this paul. This is, IMO, a classic example of the importance of having a system with a specific S/L and T/P................and then "staying" with THE SYSTEM. Everytime I break "the rules" of my own system because I get anxious (not because of some TA signal!) I get bit in the backside. We need to stay with our system until either the S/L or the T/P gets hit or there is some other catastophic event that will ABSOLUTELY impact how our system works. This seems especially true with the "fozzy" method. It works really well when you stick to the rules.

Quoting paul2
Check this out guys. I posted a little thing about this on my blog. Consistancy is key. Let these positions play out, don't close them because you get antsy. I closed this position 3 days later because it was, in my opinion, going no where. Now look at it!

My performance as of late has been horrible, I blame my poor handling of situations like these. However, my account is still up 13% because of good money management. My current win % is at 40%.
  • #878
  • Nov 13, 2006 8:09am Nov 13, 2006 8:09am
corecation:

in attach the real one I found two different signals for each platform I use interbank platform demo and stratgeybuilder platform, and as you see each one give different result,

So can you help to guide me what is the best one and can you give the last fozzy template, to make shore it is the same one I use,
Attached Images
....
  • #879
  • Nov 13, 2006 8:10am Nov 13, 2006 8:10am
Beachbum,


Why did you close EUR/CHF when you did?
  • #880
  • Nov 13, 2006 8:27am Nov 13, 2006 8:27am
In previous posts I have made it known that I watch price action as it relates to the indicators on the Vegas Daily chart setup. This trade was against the trend and heading right into the Vegas Tunnel, not a situation that makes me feel all warm and fuzzy. So when I took the trade, I set a T/P just above the Tunnel, expecting the price to touch that area and bounce. Historically, that's what it's been doing for the past several months. I expected 20 pips and that's what I got. Now I'm waiting for a nice "buy" signal and then for the price to move up "with" the trend and away from the Tunnel, the same as we got on Nov 3.



Quoting PTOURNIS
Beachbum,


Why did you close EUR/CHF when you did?
Attached Image
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