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Bagovino Method

  • #1,201
  • Nov 18, 2006 4:22am Nov 18, 2006 4:22am
hi guys

great thread and bagavino many thx for sharing your systems.

i have got an rmi indicator posted a while back on forextsd. i've attached the indicator and a chart showing the last 15 days of cable h1. it doesn't appear to filter very much at all to me.

it may not work exactly the same as thatchmans indy and i am not a programmer so i can't check it.

maybe someone could take a look at the code for this indy and post up their thoughts.

SC
Attached Image
Attached File(s)
File Type: mq4 RMI.mq4   3 KB | 493 downloads
  • #1,202
  • Nov 20, 2006 3:23am Nov 20, 2006 3:23am
Soul cactus
Im not a coder either but your indicator produces EXACTLYthe same chart as thatchman proposed around #1183 so I think it works ok.

I agree though that it doesn't seem to offer any benefit as a filter.
It is smoothed but of course crosses come later than the RSI

R
Attached Image
  • #1,203
  • Nov 20, 2006 5:05am Nov 20, 2006 5:05am
soul_cactus,

What is the fx-tsd link to RMI ?
does RMI stand for relative momentum index?
PM me if u don't want to put it here on FF. Thanks.
CCI decipherer
  • #1,204
  • Nov 20, 2006 11:19am Nov 20, 2006 11:19am
Quoting dsinclair999
It doesn't seem to!.
I've been looking everywhere for it, including the indicators catalogue, but no sign!!

If anyone knows of its whereabouts, would appreciate a link to it.


Regards

DS
Check this list out, maybe you will find one there:
http://www.lightpatch.com/forex/_MT4_Indicators/
Steve
  • #1,205
  • Nov 20, 2006 11:58am Nov 20, 2006 11:58am
Hello I’m new here in this forum and i would first like to thank everyone for sharing all this valuable information that makes all of our hearts richer and wallets fatter.<?xml:namespace prefix = v ns = "urn:schemas-microsoft-com:vml" /><v:shapetype id=_x0000_t75 coordsize="21600,21600" o:spt="75" oreferrelative="t" path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f"> <v:stroke joinstyle="miter"></v:stroke><v:formulas><v:f eqn="if lineDrawn pixelLineWidth 0"></v:f><v:f eqn="sum @0 1 0"></v:f><v:f eqn="sum 0 0 @1"></v:f><v:f eqn="prod @2 1 2"></v:f><v:f eqn="prod @3 21600 pixelWidth"></v:f><v:f eqn="prod @3 21600 pixelHeight"></v:f><v:f eqn="sum @0 0 1"></v:f><v:f eqn="prod @6 1 2"></v:f><v:f eqn="prod @7 21600 pixelWidth"></v:f><v:f eqn="sum @8 21600 0"></v:f><v:f eqn="prod @7 21600 pixelHeight"></v:f><v:f eqn="sum @10 21600 0"></v:f></v:formulas><vath o:connecttype="rect" gradientshapeok="t" o:extrusionok="f"></vath><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:lock aspectratio="t" v:ext="edit"></o:lock></v:shapetype><v:shape id=_x0000_i1025 style="WIDTH: 11.25pt; HEIGHT: 11.25pt" alt="" type="#_x0000_t75"><v:imagedata o:href="http://www.forexfactory.com/forexforum/images/smilies/biggrin.gif" src="file:///C:\DOCUME~1\fujitsu\LOCALS~1\Temp\msohtml1\01\clip_image001.gif"></v:imagedata></v:shape><o></o>

<o></o>

Bagovino is a wonderful system I’ve just started using it and with great success, I also added another indicator which i got from “fxovereasy”. This is just a simple sound alert that enables me to monitor virtually all offered currency pairs, i simply leave the windows open on the background and when i get the sound and message from the expert advisor i check the currency pair on X alert.<o></o>

<o></o>

You guys probably have this kind of thing already, but I attached the indicator here anyways. just a little contribution to a great system.<o></o>

<o></o>

Best Regards and a firm handshake,<o></o>

Mikhail<o></o>
Attached File(s)
File Type: mq4 PerkyAsctrend1.mq4   5 KB | 521 downloads
  • #1,206
  • Nov 20, 2006 2:54pm Nov 20, 2006 2:54pm
Quoting sogt725
soul_cactus,

What is the fx-tsd link to RMI ?
does RMI stand for relative momentum index?
PM me if u don't want to put it here on FF. Thanks.
see my previous post, i've attached the indy.

yes it is relative momentum.

cheers SC
  • #1,207
  • Nov 22, 2006 1:36am Nov 22, 2006 1:36am
Quoting Tick
If anyone is interested in a Pip Value Calculator in spreadsheet, shoot me the a PM and include your email address.

Here is a picture of the calculator. Just type in the number of pips and click enter.

I have many more of these helpful tools that I will also post and share.

Tick
can you send me a pm plz? thx
  • #1,208
  • Nov 23, 2006 9:37am Nov 23, 2006 9:37am
Hey just new to forex

Must say the bago method has worked wonders for my mini account

Just have a question ( probably dumb, but I'll ask anyway )

on a daily chart, what period of time does one candle represent??

on an hourly char, what period of time does one candle represent??

Thanks

SIMPLE
  • #1,209
  • Nov 23, 2006 9:43am Nov 23, 2006 9:43am
Daily is 24hr (start/end is depending on the server feed the chart provider has i.e gmt, gmt +1 gmt+2 etc)

Hourly is 60 mins

Quoting SIMPLE2345
Hey just new to forex

Must say the bago method has worked wonders for my mini account

Just have a question ( probably dumb, but I'll ask anyway )

on a daily chart, what period of time does one candle represent??

on an hourly char, what period of time does one candle represent??

Thanks

SIMPLE
  • #1,210
  • Nov 24, 2006 6:05am Nov 24, 2006 6:05am
Hi,

Anyone trading this system off of the 4H charts instead of the 1H charts?

DD
  • #1,211
  • Nov 24, 2006 9:04am Nov 24, 2006 9:04am
Yeah I do somewhat, but I dont rely on just this to base my decisions for a trade.
I dream, therefore I become.
  • #1,212
  • Edited Nov 29, 2006 6:05pm Nov 25, 2006 8:47pm | Edited Nov 29, 2006 6:05pm
congradulations to everyone trading the bagavino method, it sounds like you are in the top 5% making steady consistent pips per month.
one would get the opinion reading this thread that mr bagavino was right
this is the most profitable system in forex right now.
i am thinking of using the method to filter out some losing trades with my system.
i have tested it out on the pound this month and it seems to work excellently filtering out losing trades in my system,but this was a very trending month so far with the pound.
but i have a few questions to the people that have said they have the most sucess with the system that have been trading the method since august 30.
1) what are the avg pips per month one can expect with the system
2)what is the max drawdown one can expect
3)can i trade any pair with it or just the majors.
also could someone who has been very sucessfull with the system
send a copy of your actual trade records from your brokerage
you can whiteout any personal info such as the account number very easily with windows paint or other software.
my email is {Link Removed, see Rule#2}
the reason i ask is because i want to see if i am entering the trades correctly with my testing.
thank you
  • #1,213
  • Nov 26, 2006 12:37pm Nov 26, 2006 12:37pm
Quoting doublebottom
congradulations to everyone trading the bagavino method, it sounds like you are in the top 5% making steady consistent pips per month.
one would get the opinion reading this thread that mr bagavino was right
this is the most profitable system in forex right now.
i am thinking of using the method to filter out some losing trades with my system.
i have tested it out on the pound this month and it seems to work excellently filtering out losing trades in my system,but this was a very trending month so far with the pound.
but i have a few questions to the people that have said they have the most sucess with the system that have been trading the method since august 30.
1) what are the avg pips per month one can expect with the system
2)what is the max drawdown one can expect
3)can i trade any pair with it or just the majors.
also could someone who has been very sucessfull with the system
send a copy of your actual trade records from your brokerage
you can whiteout any personal info such as the account number very easily with windows paint or other software.
my email is [email protected]
the reason i ask is because i want to see if i am entering the trades correctly with my testing.
thank you
R U 'aving a laugh?
  • #1,214
  • Nov 26, 2006 1:09pm Nov 26, 2006 1:09pm
why not using RMI 21 on 1hr chart?
{Link Removed}]
  • #1,215
  • Nov 26, 2006 2:12pm Nov 26, 2006 2:12pm
60% of my brain is thinking..

doublebottom may be a commercial rep masquesrading.
CCI decipherer
  • #1,216
  • Nov 26, 2006 2:24pm Nov 26, 2006 2:24pm
Quoting kenari05
why not using RMI 21 on 1hr chart?
not a bad idea.
rmi 21 shift 3. Draw trendline from peak H(high) of rmi to
valley H or rmi. when rmi breaks thru Trendline, saw the breakthrough of GBP/usd on 1-hour chart.

What's your preferred settings?
CCI decipherer
  • #1,217
  • Nov 26, 2006 3:55pm Nov 26, 2006 3:55pm
i will be having a laugh mate if no one sends me their actual brokerage statements of their exact trade entries so i can compare thier trades with mine.
because one can only deduce one thing from that and anyone with half a brain knows what that is

if i was a commercial rep do you think i would waste my time being interested in a system that people state they made 700 pips a week from with no proof of its consistency over time.
do you think commercial funds that trade 10,000 lots at a time
would be interested in a moving avg crossover system?
maybe the Amarath fund trader that lost 6 billion in a month traded with moving avg crossovers but im sure most of the big funds dont.

the backtesting can be flawed so i didnt ask for backtesting becauser their could be descretion involved in each trade.
so i ask again for someone to email me their live actual live brokerage statements.
its no big deal just white out your account number and your name and address and send it to me ,it takes 2 seconds
thankyou
  • #1,218
  • Nov 27, 2006 12:04am Nov 27, 2006 12:04am
I don't understand the attitude here.

Why don't you trade it for a month and then send us your actual broker statement? First you come here praising the system, and now you are criticizing it. I guess I just don't get it.
Don Life is expensive, but includes a free trip around the sun.
  • #1,219
  • Nov 27, 2006 3:22pm Nov 27, 2006 3:22pm
Quoting traderone
I don't understand the attitude here.

Why don't you trade it for a month and then send us your actual broker statement? First you come here praising the system, and now you are criticizing it. I guess I just don't get it.
Traderone,

The world is full of pillocks, it looks like another one has just found this thread !

BabeFX.
  • #1,220
  • Nov 27, 2006 4:22pm Nov 27, 2006 4:22pm
why should i have to send my statements,the thread has been open for almost 3 months,what have you people been doing for three months,
trying to fiqure out what pillocks means.:surprised


this is what a mermber sent to me :
i will not divulge his name ,but i will sent it to the moderater with his name if he asks me.

not trading it no more. too risky for me - and was very irratic and ultimately not profitable. I am sticking to what has worked for me the last 7 years. I deliberately avoided these forums and have a strategy which produces 300 or so pips each month. When you are confident you can make profit then you are confident to increase your investments. I have strict rules which i dont venture from and that works for me. Curiosity didnt quite kill the cat for me i just lost a bit of cash which i was willing to lose to see other strategies.

so if i dont have anyone send me the their reports within a week
i and anyone with a brain will assume the system doesnt work.

if you pillocks (i learned a new word from babe,thanks babe ) want to come on a board with a system you should prove it works with live trading statements or the thread should be closed.
their are too many systems out there that dont work,
it lures newbies to waste their time testing them and possibly losing their money.
let me start a poll if the system on any thread cant be proven within 3 months with live trading statements to make consistent money,
then the thread should be closed .
no one should be allowed to mention anything about profiting any pips unless it can be proven.
im looking to make money not waste my time reading about systems that dont work.
im not trying to stir up trouble just trying to get to the facts if the system is profitable or not.
if it doesnt work then its another garbage system of the thousands already out there and the thread should be closed.
ive been on moneytec for three years and i have seen hundreds of systems and signel providers come and go,
some have had CFTC lawsuits against them were people have lost millions of dollars,these people might have still had there money if moneytec had closed the threads earlier
lets not turn Forexfactory into another Moneytec
to me its pointless to keep these threads alive if they cant be proven they work.
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