Camarilla profitable system | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Camarilla Indicator wanted 6 replies

Camarilla pivot 14 replies

looking for CAMARILLA 4 replies

Camarilla Equation 5 replies

Camarilla Eqution Needed 8 replies

Attachments: Camarilla profitable system
Exit Attachments

Camarilla profitable system

  • #1
  • First Post: May 18, 2007 8:12am May 18, 2007 8:12am
Hi everyone,
I've been testing this from a long time, and I noticed the following, that for any day the difference between the high and the low for GBP/USD is 60 or less, so I have my numbers brought out from the camarilla equation and place orders accordingly
Camarilla has 8 numbers, H1, H2, H3, H4 & L1, L2, L3, L4
I'll give an example using yesterday's high and low
Yesterday High was 1.9790, low was 1.9730
Camarilla numbers are as follows

H1=1.9750, H2=1.9755, H3=1.9761, H4=1.9777
L1=1.9739, L2=1.9733, L3=1.9728, L4=1.9711

The close price for yesterday was 1.9744
So I place the following orders

Buy @ 1.9744 TP 1.9755 NO STOP LOSS (6 pips)
Buy @ 1.9744 TP 1.9761 NO STOP LOSS (12 pips)
Buy @ 1.9744 TP 1.9777 NO STOP LOSS (28 pips)

Sell @ 1.9744 TP 1.9733 NO STOP LOSS (6 pips)
Sell @ 1.9744 TP 1.9728 NO STOP LOSS (11 pips)
Sell @ 1.9744 TP 1.9711 NO STOP LOSS (28 pips)
A total of 91 pips.
This is not the end
I check which side goes first for eg today the upside was reached first reaching 1.9777, while the downside was not yet reached, so I place a sell order @ 1.9777 TP 1.9711 NO STOP LOSS AS WELL (61 pips)
So for today camarilla gave me a total of 152 pips without using SL

For anyone who wants to check this to bring any day that the difference between the high and the low was only 60 pips or less and apply the camarilla equation he wil see what I mentioned here above
I know that camarilla equation is being used in other ways, but I prefer using it this way in such days

Best regards
  • #2
  • May 18, 2007 8:19am May 18, 2007 8:19am
thanks for sharing this method,

how did u find these camarilla numbers
  • #3
  • May 18, 2007 8:20am May 18, 2007 8:20am
Pino,

Thank you. This looks good.
Do you have an indicator that will draw historical Cam lines?

I have a couple that will give you todays, but I don't have one that will keep the past days Cam lines on the chart.
  • #4
  • May 18, 2007 8:29am May 18, 2007 8:29am
I will post here how camarilla numbers are calculated
H1= ((HIGH-LOW)*(1.1/12))+CLOSE
H2= ((HIGH-LOW)*(1.1/6))+CLOSE
H3=((HIGH-LOW)*(1.1/4))+CLOSE
H4=((HIGH-LOW)*(1.1/2))+CLOSE

L1= CLOSE-((HIGH-LOW)*(1.1/12))
L2= CLOSE-((HIGH-LOW)*(1.1/6))
L3= CLOSE-((HIGH-LOW)*(1.1/4))
L4= CLOSE-((HIGH-LOW)*(1.1/2))

So you need to bring the high, low and close for the day and then do the above calculation, I only use it in days with 60 pips range or less

Best regards
  • #5
  • May 18, 2007 9:14am May 18, 2007 9:14am
Not sure where you got your formula...... but when I plug in the numbers according to your formula I don't get what you get.............
also here is the camarilla formula.
Camarilla Pivot Points


The formula used in the calculation of Camarilla Pivot Points are:

R4 = C + RANGE * 1.1/2
R3 = C + RANGE * 1.1/4
R2 = C + RANGE * 1.1/6
R1 = C + RANGE * 1.1/12
PP = (HIGH + LOW + CLOSE) / 3
S1 = C - RANGE * 1.1/12
S2 = C - RANGE * 1.1/6
S3 = C - RANGE * 1.1/4
S4 = C - RANGE * 1.1/2
Where R1 through R4 are Resistance levels 1 to 4,
PP is the Pivot Point,
S1 through S4 are support levels 1 to 4,
RANGE is the High minus the Low for the given time frame (usually daily).

this is retrieved from http://www.mypivots.com/articles/glo...Pivot%20Points
Same Whore .... Different Dress
  • #6
  • May 18, 2007 9:19am May 18, 2007 9:19am
Quoting johnedoe
Not sure where you got your formula...... but when I plug in the numbers according to your formula I don't get what you get.............
also here is the camarilla formula.
Camarilla Pivot Points


The formula used in the calculation of Camarilla Pivot Points are:

R4 = C + RANGE * 1.1/2
R3 = C + RANGE * 1.1/4
R2 = C + RANGE * 1.1/6
R1 = C + RANGE * 1.1/12
PP = (HIGH + LOW + CLOSE) / 3
S1 = C - RANGE * 1.1/12
S2 = C - RANGE * 1.1/6
S3 = C - RANGE * 1.1/4
S4 = C - RANGE * 1.1/2

this is retrieved from http://www.mypivots.com/articles/glo...Pivot%20Points

John,
Those are the same formulas Pino posted.
Cam lines use the designations of L &H, not S&R.

You might not have gotten the same lines he got because you were using a different broker's chart.

The day might have ended at a different time and the data may have been a little different.
  • #7
  • May 18, 2007 9:23am May 18, 2007 9:23am
Quoting billbss
John,
Those are the same formulas Pino posted.
Cam lines use the designations of L &H, not S&R.

You might not have gotten the same lines he got because you were using a different broker's chart.

The day might have ended at a different time and the data may have been a little different.
I pluged in the numbers he gave in post #1.
Now it is true I did this BEFORE my first cup of coffe this morning.... so there may be an error on my side of the equation....
Same Whore .... Different Dress
  • #8
  • May 18, 2007 9:24am May 18, 2007 9:24am
the 60 pips range or less
is it the range of the previous day ??
Every moment in the market is unique
  • #9
  • May 18, 2007 9:27am May 18, 2007 9:27am
billbss
Thank you for make it more clear to john

johnedoe
I wonder from where you brought the calculations for the camarilla, as billbss and as I've shown in my previous thread that camarilla uses H&L not S&R

Best regards
  • #10
  • May 18, 2007 9:29am May 18, 2007 9:29am
Quoting johnedoe
I pluged in the numbers he gave in post #1.
Now it is true I did this BEFORE my first cup of coffe this morning.... so there may be an error on my side of the equation....
  • #11
  • May 18, 2007 9:30am May 18, 2007 9:30am
Quoting andimozza
the 60 pips range or less
is it the range of the previous day ??
Yes
The difference between the high and low of the day
For example yesterday's high was 1.9790 and low was 1.9730
Difference is 60 pips
  • #12
  • May 18, 2007 9:37am May 18, 2007 9:37am
for those interested here is a link to a cam calculator you just plug your numbers into......
http://www.mypivots.com/Education/to...r/default.aspx
Same Whore .... Different Dress
  • #13
  • May 18, 2007 9:38am May 18, 2007 9:38am
Here are a few indicators. The first two display historical(need both ) and the third plots them for the day.
Attached File(s)
File Type: mq4 cam_H2_H5_Historical.mq4   6 KB | 2,792 downloads
File Type: mq4 cam_L2_L5_Historical.mq4   6 KB | 2,497 downloads
File Type: mq4 Pivot Lines Timezone1.mq4   18 KB | 2,745 downloads
  • #14
  • May 18, 2007 9:39am May 18, 2007 9:39am
Quoting pino2

The close price for yesterday was 1.9744
So I place the following orders

Buy @ 1.9744 TP 1.9755 NO STOP LOSS (6 pips)
Buy @ 1.9744 TP 1.9761 NO STOP LOSS (12 pips)
Buy @ 1.9744 TP 1.9777 NO STOP LOSS (28 pips)

Sell @ 1.9744 TP 1.9733 NO STOP LOSS (6 pips)
Sell @ 1.9744 TP 1.9728 NO STOP LOSS (11 pips)
Sell @ 1.9744 TP 1.9711 NO STOP LOSS (28 pips)
so you entered 6 orders ath the close price of 1.9744? how did you pull that one off? maybe I'm just a little thick this morning, but there is just some stuff here that is not clear to me.
Same Whore .... Different Dress
  • #15
  • May 18, 2007 9:43am May 18, 2007 9:43am
Pino2

Reference your example in Post #1, if the price fell during the day from the entry point by 100 - 200 pips that would put your trades -ve 300 - 600 pips. Admittedly, your short trades would have made their take profit but would still leave you possibly 500 + pips drawdown. Have you taken this possibility into account?

Below is the camarilla formula in the form of an Excel Spreadsheet.
Attached File(s)
File Type: zip cam.zip   51 KB | 3,343 downloads
  • #16
  • May 18, 2007 9:44am May 18, 2007 9:44am
Quoting C.E.O.
Here are a few indicators. The first two display historical(need both ) and the third plots them for the day.
Thank you C.E.O. for the indicators
  • #17
  • May 18, 2007 9:48am May 18, 2007 9:48am
This little puppy has options for cams, pivots, s & r, and multi-levels of fibs. Also comes with some nice text details about the levels, as well labeling of breakout and profit areas.
Attached File(s)
File Type: mq4 camarilladt7v11.mq4   47 KB | 3,386 downloads
  • #18
  • May 18, 2007 9:49am May 18, 2007 9:49am
Quoting DaveW
Pino2

Reference your example in Post #1, if the price fell during the day from the entry point by 100 - 200 pips that would put your trades -ve 300 - 600 pips. Admittedly, your short trades would have made their take profit but would still leave you possibly 500 + pips drawdown. Have you taken this possibility into account?

Below is the camarilla formula in the form of an Excel Spreadsheet.

Hi DaveW
I usually use stop loss in any of my systems, but specially when using camarilla equation in a 60 pips range day I don't use it, since it must bring the 8 numbers (H1, H2, H3, H4 & L1, L2, L3, L4) so no need to put SL, but if the range in any day is more than 60 pips, I don't go for camarilla system, I only use it in days with less or equal to 60 pips
  • #19
  • May 18, 2007 9:56am May 18, 2007 9:56am
Still not clear on your 6 position order..... 3 long at close , 3 short at close, which by the way is history 1 second after the close.
Same Whore .... Different Dress
  • #20
  • May 18, 2007 9:59am May 18, 2007 9:59am
I attached here the formula and the actual numbers of yesterday
Attached File(s)
File Type: zip PINO2 3STG.zip   3 KB | 2,052 downloads
0 traders viewing now