Attachments: Chaos Trading System

Chaos Trading System

#801
Jun 20, 2020 4:16am Jun 20, 2020 4:16am

loudoniii
| Joined Jan 2006 | Status: Trader | 176 Posts

Quoting fxhermit

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If I recall my reading correctly, Williams describes several ways whereby one can go "inside" the fractal to initiate a trade. He writes about Thumb trades, Balance Line trades and Blue Light Specials. They all have their own "specific rules" but they also have something in common, that is, the attempt to get into a trade, during a pull back, in order to catch the immediate resumption of the impulse wave or trend. I am not going to mention Tumb Trades as I do not use them. Balance Line trading is a bit of a subject unto itself and I won't delve...

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I love it! Your Blue Light Special explanation describes perfectly a way to implement the idea that has been buzzing around in my head about not going in directly on fractal breaks, but waiting for a retrace back up before entering a Short trade (opposite for a Long trade. I also love the idea of using this as a potential scalping technique, and perhaps also as a means of capitalising on a D1 / H4 / M30 Multi-timeframe setup. Genius! Thanks again for sharing this.

#802
Aug 22, 2020 10:03am Aug 22, 2020 10:03am

amzir
| Joined Aug 2020 | Status: Trader | 2 Posts

Dear, I have written an expert based on NTD of bill williams and I am testing it on different time frames and symbols to see what are the results. As I realized the maximum loses are when the market is in a range mode, Can anyone help me about how to discover that is the market range or not in the NTD system to improve my expert?
Thank you in advance

#803
Sep 7, 2020 7:27am Sep 7, 2020 7:27am

amzir
| Joined Aug 2020 | Status: Trader | 2 Posts

dear traders, I have programmed an EA to trade by NTD system of Bill Williams.
The results for AMAZON_CFD(daily) from 01-01-2018 to 31-08-2020 is as follow:
as you see it is in profit at last, but it has some fluctuations as in range periods, is there any other one here to trade with this system to avoid trading in range markets?

Attached Image (click to enlarge)