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Attachments: The Small Turtle System (Donchian Trend +MACD)
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The Small Turtle System (Donchian Trend +MACD)

  • #861
  • Nov 15, 2022 5:27am Nov 15, 2022 5:27am
Quoting paolo7
{quote} Hi Jpntrader, thanks for sharing, for me was +1.5%. It may be lucky because all trade were open from monday and at that time i was BE, Thursday on CPI news all reverted t my favour...Thats why i say lucky. I need to become consistent by myself, off the market news....working and studying on that... Jpntrader can you share your exit system? I forgot your and lazy to go back reading old thread? I rememember you used also 5EMA to filter bad exit on the loss but i forgot if you follow at letter ALI system on win (when APB change color...
Hi Paolo, sorry it took some time for me to reply. Work condition is crazy right now, haha.
Lucky is part of the trading activity! Haha.

My exit when I was still trading the original system is the 5 EMA mainly.
As long as it doesn't cross the 5 EMA, I would still be in.
But now I am more to the fixed pips system, kind of suit me more.
  • #862
  • Nov 15, 2022 11:41pm Nov 15, 2022 11:41pm
Quoting jpntrader
{quote} Hi Paolo, sorry it took some time for me to reply. Work condition is crazy right now, haha. Lucky is part of the trading activity! Haha. My exit when I was still trading the original system is the 5 EMA mainly. As long as it doesn't cross the 5 EMA, I would still be in. But now I am more to the fixed pips system, kind of suit me more.
Tks for answer,

in loss trade i will use 5 EMA (as you) or if there is a change in color of APB but not crossing 5EMA i still stay in, in winning trade i have to find something suits better for me, yesterday happened again: i was up a lot i a trade (GBPUSD on 4H), but all revert and yesterday night i quit the trade in little loss...

Happy research, study and trade to all

Paolo
  • #863
  • Nov 22, 2022 6:46pm Nov 22, 2022 6:46pm
hi, today i can't load tempalte in chart. I don't know what's wrong with it
  • #864
  • Nov 24, 2022 5:52am Nov 24, 2022 5:52am
Quoting vostro
hi, today i can't load tempalte in chart. I don't know what's wrong with it
Hi vostro,

try to flag "allow dll" on customization of indicator

try to insert all the indicator in the winwow and later save the template.

I hope to have helped you

Paolo
  • #865
  • Nov 24, 2022 5:55am Nov 24, 2022 5:55am
Hi all

for the black friday i gifted to me "Tradingview" it comes out discounted.

JPNtrader or some of you can share the indicator used for a set up of ALI system with Trading view.

I remembered some of you did not finf Turtle channel or some else i forgot.

Thanks for help

Paolo
  • #866
  • Nov 24, 2022 9:14am Nov 24, 2022 9:14am
Quoting paolo7
Hi all for the black friday i gifted to me "Tradingview" it comes out discounted. JPNtrader or some of you can share the indicator used for a set up of ALI system with Trading view. I remembered some of you did not finf Turtle channel or some else i forgot. Thanks for help Paolo
Hi Paolo. Supertrend indicator similar with it.
You can kill children but never their dreams!!!
  • #867
  • Nov 24, 2022 10:28pm Nov 24, 2022 10:28pm
Hi guys, setup on Trading View is similar to Ali's system setup on MT4
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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  • #868
  • Nov 25, 2022 3:00am Nov 25, 2022 3:00am
Quoting andy1946
Hi guys, setup on Trading View is similar to Ali's system setup on MT4{image}{image}
Tks i am still learning how to set up all, it is new for me the layout and tools.
If you can share links of indi and the param are you using i will be glad.

  1. ok for macd (i will set up same as MT4)
  2. There are many types of it (Donchian trend can you share yours with the param?

In any case thanks a lot.

Happy trading

P.

  • #869
  • Nov 25, 2022 4:25am Nov 25, 2022 4:25am
Quoting paolo7
{quote} Tks i am still learning how to set up all, it is new for me the layout and tools. If you can share links of indi and the param are you using i will be glad. ok for macd (i will set up same as MT4) There are many types of it (Donchian trend can you share yours with the param? In any case thanks a lot. Happy trading P.
Trading View _ Heken Ashi _ Donchian trend 20 _ MACD 574
Inserted Video
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  • #870
  • Nov 25, 2022 5:59am Nov 25, 2022 5:59am
Quoting andy1946
{quote} Trading View _ Heken Ashi _ Donchian trend 20 _ MACD 574 https://youtu.be/uQfYb8Ua4hU
TKS Andy,
i appreciate it!

Have a nice weekend.

Paolo
  • #871
  • Nov 27, 2022 4:11am Nov 27, 2022 4:11am
Quoting paolo7
{quote} TKS Andy, i appreciate it! Have a nice weekend. Paolo
How are you doing, Paolo, everything going fine?
--

This week is a BE week for me.
Market didn't move that great.
2 wins and 4 losses, brought it all back to the ground zero.

We'll see next week, end of the month usually means big movements.
  • #872
  • Nov 28, 2022 8:48pm Nov 28, 2022 8:48pm
I have a good setup
GBPJPY D1
- Downtrend
- Resistance zone
- The correcting wave reached Fibo 61.8 at the resistance area
- Heiken Ashi candle turns bearish
- Japanese candlestick with engulfing pattern
Attached Image (click to enlarge)
Click to Enlarge Name: z3919388475909_58058cbe03fdef062f7d08fedbef6fd7.jpg Size: 175 KB
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  • #873
  • Nov 30, 2022 11:32pm Nov 30, 2022 11:32pm
Quoting jpntrader
{quote} How are you doing, Paolo, everything going fine? -- This week is a BE week for me. Market didn't move that great. 2 wins and 4 losses, brought it all back to the ground zero. We'll see next week, end of the month usually means big movements.
Sorry for late answer my dear JPN trader,

last week was + 0.5%, not much but last two weeks pretty better (BE and + 0.5%)
This week +0.7% but still oper two trades.

I am really working on my psycology and realizing until now i made big mistake. It is the first time i am feeling better with myself following rule.
I am trying to study better the entry and exit studying Technical analysis for better setup on entry.
For the exit i have big doubt if exit fix numbers of pips or % or follow the ALI rule at letter.
I am opening my view trying to study "Trade made simple" system (Mr emmanuel7788 is great as you here, very open to help...) and PASR thread.
Still long journey hoping to having discovered the best route.
Thanks everybody for sharing
Paolo
  • #874
  • Dec 2, 2022 2:10am Dec 2, 2022 2:10am
I am looking for an indicator that measures the difference between HA close and HA open. This looks almost similar to RSI, letīs say between 0 and 100. And i am looking for extrem values where HA could change direction. Can anybody help? This should be an helpful indicator with Heiken Ashi.
  • #875
  • Dec 3, 2022 7:49pm Dec 3, 2022 7:49pm
Quoting paolo7
{quote} Sorry for late answer my dear JPN trader, last week was + 0.5%, not much but last two weeks pretty better (BE and + 0.5%) This week +0.7% but still oper two trades. I am really working on my psycology and realizing until now i made big mistake. It is the first time i am feeling better with myself following rule. I am trying to study better the entry and exit studying Technical analysis for better setup on entry. For the exit i have big doubt if exit fix numbers of pips or % or follow the ALI rule at letter. I am opening my view trying to...
Good to hear that you are getting better with this!
It's a unique journey to each and one of us.
Don't rush. This is the time where you should spend quite the hours in front of your screen.
Take 2-3 systems that you think suit you. Backtest that and see the result, and compare them for yourself.

Don't rush!
Especially near the end of the year where trading volume is low and spread is high, take that time to really hone your system.
2023 will hopefully become the turning point for us!

Quoting sanfridnygar
I am looking for an indicator that measures the difference between HA close and HA open. This looks almost similar to RSI, letīs say between 0 and 100. And i am looking for extrem values where HA could change direction. Can anybody help? This should be an helpful indicator with Heiken Ashi.
Could you explain more about what are you trying to achieve with this? Sounds interesting.
  • #876
  • Dec 5, 2022 5:13am Dec 5, 2022 5:13am
By measuring the difference between Heiken Ashi open and HA close the indicator should behave like RSI going between o and 100. When difference gradually decrees this difference should come smaller and smaller and the indicator turns down. I can see after an high value of this indicator the breakingpoint could be interesting almost like a leading indicator. Eventually at the same time HA turns down. I donīt know.
  • #877
  • Dec 12, 2022 5:41pm Dec 12, 2022 5:41pm
Excellent work, Thanks for sharing this strategy. When i tried to back test before going to market i got some question in using the system, i am a beginner sorry if question looks dumb....
1st one is the entry point, like for long ,MACD cross below 0 line before donchian turns green like picture below, is it still a valid entry?
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 45 KB

2nd is stop Loss, i ust 1xATR as stop Loss is it ok under this strategy

Many thanks for this strategy.
  • #878
  • Dec 13, 2022 4:02am Dec 13, 2022 4:02am
Quoting chemingdaog
Excellent work, Thanks for sharing this strategy. When i tried to back test before going to market i got some question in using the system, i am a beginner sorry if question looks dumb.... 1st one is the entry point, like for long ,MACD cross below 0 line before donchian turns green like picture below, is it still a valid entry? {image} 2nd is stop Loss, i ust 1xATR as stop Loss is it ok under this strategy Many thanks for this strategy.
Hi Chemingdaog,

Sorry for my not perfect english
As you, i am on the way on learning, not an expert but i try to share what i learned here:

- Ali strategy, expecialy for beginners, advice to entry on the cross on zero line (many example on the threads). Below it, it is at your own risk, It may be later after some months when we can understand the market dynamics better, we could do it, right now based on me, if i want to enter even not on zero line cross, as a gentle expert here (JpnTrader) on long for example, i enter on cross above and on short on cross below zero line. It is more safe.
- You can you the stop loss you want, i use 1% as max stop loss of if i am on the screen at color change of the candle after it is closed and if the body of the candle is above (in short) or below (on long) 5 EMA.

Hope to answer to your doubt.

good trading.
Paolo
  • #879
  • Dec 13, 2022 5:34pm Dec 13, 2022 5:34pm
Thanks for sharing experience, I will try to modify what I did and back test again
  • #880
  • Dec 19, 2022 1:45am Dec 19, 2022 1:45am
Been really quiet here, eh?
I hope it's because everyone is fully understanding the system and now trying to be the very best of oneself.

I still have one position left opened since last week but it's safe to say that I am closing my trading activity for the year.
Not much happened in November (I ended up in small minus) and December (I think it's BE, market doesn't move that good).

But what I have been doing lately is to prepare myself for 2023.

I have now developed my own system based on this Small Turtle system, and from other supporting influences as well.
I have now, pretty much, achieved the state where trading is "boring" and executing trades does not involve emotion anymore.
Let's see if these mind transitions will translate to something good next year.

At the end of the day, I just want to say thank you to Ali, the late sir Eric "eelfranz", and everyone here for the advices and lessons you gave me throughout 2022.
2022 was a year of transformation for my trading career.
Improvement, although small and in the form of baby step, was clearly made.
Now I will enjoy the holiday season and will not open Tradingview anymore until January.

Merry Christmas to those who celebrate, happy new year and have a blessed holiday season!
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