Cornflower Hourly System | Page 36 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Cornflower EA 69 replies

Simple Hourly System 4 replies

Special request: Can someone make a Cornflower EA for us? 24 replies

cornflower mq4 request. 1 reply

"Bagovino Method" VS "Cornflower Hourly System" 16 replies

Attachments: Cornflower Hourly System
Exit Attachments

Cornflower Hourly System

  • #701
  • Edited 4:33pm Jul 25, 2007 3:48pm | Edited 4:33pm
Thanks to everyone who has joined in the chat room. Your input is making all of our Cornflower trading a more interactive, and profitable experience.

Due to the popularity of the chatroom, my server has been unstable so I've been forced to do a planned upgrade of the chat software sooner rather than later. It should be back up no later than 6PM EST (just over an hour from this post)
Because this is a major software upgrade I can't guarantee the user database will survive it so you might need to re-register for the chat again. Thanks for your understanding while I make the room a better place to chat "Cornflowerness" with each other.

http://www.rebatefx.com/chat.php

Update: At 5:30 EST the upgrade is done. You are welcome to come back and share Cornflower trades.
  • #702
  • Jul 26, 2007 1:53am Jul 26, 2007 1:53am
Quoting eyevoltage
The meaning of the number 70 is open to discussion. However, I do think it's about time that folks out there realized that lever70 is, in actual fact, a LADY!!

Get it? Got it? Good.

Cheers.
Ooh!!!.. sorry, I didn't know that!.. still new here!
  • #703
  • Jul 26, 2007 3:02am Jul 26, 2007 3:02am
Quoting eyevoltage
The meaning of the number 70 is open to discussion. However, I do think it's about time that folks out there realized that lever70 is, in actual fact, a LADY!!

Get it? Got it? Good.

Cheers.
About my handle: "lever" is short for leverage, and "70" does in fact denote the year of my birth: 1970. All mysteries revealed.

Well, most.
  • #704
  • Jul 26, 2007 3:08am Jul 26, 2007 3:08am
Quoting lever70
About my handle: "lever" is short for leverage, and "70" does in fact denote the year of my birth: 1970. All mysteries revealed.

Well, most.
And an excellent year to be born in too!!

G-Man
  • #705
  • Jul 26, 2007 3:21am Jul 26, 2007 3:21am
I know that many of you would like me to produce a PDF detailing the system. I hope to produce such a document by this time next week. Due to time constraints, it will not be as detailed as I would like. But it will have the rules, some pictures, and remarks on the nuances of trading Cornflower. As others have remarked, there is no substitute for reading this thread. The collaborative effort of many posters has even helped me in the trading of my own system.

Cornflower has not really changed all that much in three months. Post #1 is still valid. There are my posts about how to use the 5/10 impulse entry, and also the 1-minute Guppy Multiple Moving Average. These could both stand alone apart from Cornflower as feasible entry systems; I simply don't take trades counter to what the H1 or 30M CF charts tell me. There is also the multi-timeframe 60/30/15/5 setup, which gives you the luxury of waiting for the most high-probability opportunity. Some go even further and do not take trades that are counter to the prevailing daily trend. But everything follows from that first post. I have always tried to discourage posters from using any indicators other than the EMAs, sometimes rather sternly. Indicators look good on paper, but lag the market and they will cause you to lose money or miss profitable opportunities. The EMAs are closely correlated to the actual price action.

Money management is important. If you are going for larger pip gains that correspond to the profit bands and/or support and resistance levels, you should not leverage yourself more than 10:1. It's also perfectly valid to use CF for short-term pip bagging. If you are going for 20 pip gains, 50:1 with a 10 pip stop is the most you can risk. But you can't walk away from the screen. You must must be vigilant about taking small losses when the trade does not work out. Once you are up 10 pips, make sure you exit that trade with at least 2 pips of profit. By contrast, when going for larger gains you have to be prepared to let the trade go against you before it goes your way. GBPJPY, for example, can easily go against you 50 pips before you see 150 pips of profit. On the whole, do not over-leverage yourself, wait for the right opportunity, and make some pips.
  • #706
  • Edited 5:36am Jul 26, 2007 5:14am | Edited 5:36am
Quoting lever70
About my handle: "lever" is short for leverage, and "70" does in fact denote the year of my birth: 1970. All mysteries revealed.

Well, most.

Hmmm... that's the same year my wife was born, and she does exercise leverage over me.

hehe, sorry is that off topic? Joe

OOOOPS I was wrrrrroooooong! Its '75, so now there will be some heavy levarage... yikes! Guess she'll have to be lever75
  • #707
  • Jul 26, 2007 12:34pm Jul 26, 2007 12:34pm
Quote

Cornflower has not really changed all that much in three months. Post #1 is still valid. There are my posts about how to use the 5/10 impulse entry, and also the 1-minute Guppy Multiple Moving Average. These could both stand alone apart from Cornflower as feasible entry systems; I simply don't take trades counter to what the H1 or 30M CF charts tell me. There is also the multi-timeframe 60/30/15/5 setup, which gives you the luxury of waiting for the most high-probability opportunity. Some go even further and do not take trades that are counter to the prevailing daily trend. But everything follows from that first post. I have always tried to discourage posters from using any indicators other than the EMAs, sometimes rather sternly. Indicators look good on paper, but lag the market and they will cause you to lose money or miss profitable opportunities. The EMAs are closely correlated to the actual price action.
lever,could you post the exit rules for the guppy method.You did not include that in the previous posts.
  • #708
  • Jul 27, 2007 12:13am Jul 27, 2007 12:13am
Hi all,

2 good trades already today.....23:00 + 1 for gmt and another still happening..started at 3:00 + 1 gmt. Both hit the 24 Ema and the settled down to the real business of making money. The first one made 23 pips and the 2nd one at last look was 32 pips ahead.

All done for the day though I'm sure there will be more setting up soon. Just sharing.

Happy.
  • #709
  • Edited 2:53am Jul 27, 2007 2:52am | Edited 2:53am
Quoting maymurph
lever,could you post the exit rules for the guppy method.You did not include that in the previous posts.



It was stated early in the thread that she would not mix the 2 threads.
You can find them by clicking here: http://www.forexfactory.com/showthre...highlight=GMMA

That should take care of all your questions.

Thanks,
PH
  • #710
  • Jul 27, 2007 3:41am Jul 27, 2007 3:41am
Can anyone tell me where to find the post that felicia mentions on the impulse info for the 5 and 10 min charts....can't seem to spot it.

Thanks

Happy
  • #711
  • Jul 27, 2007 4:06am Jul 27, 2007 4:06am
Quoting lever70
About my handle: "lever" is short for leverage, and "70" does in fact denote the year of my birth: 1970. All mysteries revealed.

Well, most.
Oooh!!!... it's my fault, now the mystery about your age is disclosed!
... lol!

Surprising to learn there are not a lot of changes from the first pages after so many posts (with ppl constantly looking to improve the system) and also nice to know you'll be producing a PDF detailing the system.

Thnx and keep up the good work!
  • #712
  • Jul 27, 2007 7:36am Jul 27, 2007 7:36am
Quoting Happy
Can anyone tell me where to find the post that felicia mentions on the impulse info for the 5 and 10 min charts....can't seem to spot it.

Thanks

Happy
happy,

start with post 89 at http://www.forexfactory.com/showpost...8&postcount=89 and go on.
there is a first mentioning of it i think also in the post 71 at http://www.forexfactory.com/showpost...9&postcount=71
  • #713
  • Jul 27, 2007 1:57pm Jul 27, 2007 1:57pm
What a great week for cornflower trading! A bit of a carry unwind there. Thanks to Cornflower I and the others trading in the chat room were able to catch it as it happened.

It all started when aud/usd took out our stops and left us with heads scratching. In a way, the aud/usd move was a warning. Within a couple of hours a definite trend had developed on most pairs and we spent the rest of the week enjoying beautiful, multiple entries, mostly from 12 and 24 ema pullbacks.

Good on ya Lever70
  • #714
  • Jul 27, 2007 2:23pm Jul 27, 2007 2:23pm
Quoting jafar00
What a great week for cornflower trading! A bit of a carry unwind there. Thanks to Cornflower I and the others trading in the chat room were able to catch it as it happened.

It all started when aud/usd took out our stops and left us with heads scratching. In a way, the aud/usd move was a warning. Within a couple of hours a definite trend had developed on most pairs and we spent the rest of the week enjoying beautiful, multiple entries, mostly from 12 and 24 ema pullbacks.

Good on ya Lever70
I agree fully with jafar.
I have been trading cornflower all week (in demo) in the chatroom with the others. The results of this excellent method speak for themselves.
Thanks Lever70
I just wanna have some fun (and maybe make a few green pips along the way).
  • #715
  • Jul 27, 2007 11:15pm Jul 27, 2007 11:15pm
Hallo All,

This is the updated version of MTF Cornflower Viewer Indicator.

I add the ability to :
- choose TF from M5 to D1
- set how many bar to display for each TF
- choose ma period, ma type and ma price

and i change the price close line to candle.

if you don't want to display the M5 section, just set the M5.HowManyBars to 0 on Input Variable

this updated version has not been tested alive.

please pm me if there is a bug

http://img53.imageshack.us/img53/987...aviewerft1.png
Attached File(s)
File Type: mq4 OSC-MTF_CF_SYSv1.1.mq4   14 KB | 1,359 downloads
in
  • #716
  • Jul 28, 2007 3:20am Jul 28, 2007 3:20am
Thanks eula44....just what I needed.

Happy.

Quoting eula44
happy,

start with post 89 at http://www.forexfactory.com/showpost...8&postcount=89 and go on.
there is a first mentioning of it i think also in the post 71 at http://www.forexfactory.com/showpost...9&postcount=71
  • #717
  • Edited 8:14am Jul 28, 2007 8:01am | Edited 8:14am
Metto,

That is one of the best indicators I've seen yet! Thank you so much for making those changes!! I have only placed it on my charts during the weekend without a live price feed, but no bugs in just setting it up. WoW! Adding the candles was VERY nice!!

The only thing I can think of that might make it even more useful would be to have the option of displaying the two other upper time frames, W1 and MN. That would pretty much make it 100% versatile for all trading styles which include watching MA's. It looks like the max number of TF's you should probably display is about 4 or 5, depending on the number of bars you want to see. So, if you want to display the W1 and MN, you should probably disable any two of the others by putting "0" for the "HowManyBars" input.

One observation/questions about the view... Is there any way to make the view box width static so that when you change the zoom in/zoom out on your main chart the width of the MA view boxes in the indicator window below remains constant? If not, no biggie, the indy is GREAT!!!! Just my suggestions to enhance and improve. Again, THANK YOU!!


Quoting metto
Hallo All,

This is the updated version of MTF Cornflower Viewer Indicator.

I add the ability to :
- choose TF from M5 to D1
- set how many bar to display for each TF
- choose ma period, ma type and ma price

and i change the price close line to candle.

if you don't want to display the M5 section, just set the M5.HowManyBars to 0 on Input Variable

this updated version has not been tested alive.

please pm me if there is a bug

http://img53.imageshack.us/img53/987...aviewerft1.png
  • #718
  • Jul 28, 2007 8:24am Jul 28, 2007 8:24am
Quoting metto
Hallo All,

This is the updated version of MTF Cornflower Viewer Indicator.

I add the ability to :
- choose TF from M5 to D1
- set how many bar to display for each TF
- choose ma period, ma type and ma price

and i change the price close line to candle.

if you don't want to display the M5 section, just set the M5.HowManyBars to 0 on Input Variable

this updated version has not been tested alive.

please pm me if there is a bug

http://img53.imageshack.us/img53/987...aviewerft1.png
Great indicator thanks
the label on the 4hr tf is not showing
Felicia, would the inputs remain the same on the higher TFs?
-----------------------------------
babypips
  • #719
  • Jul 28, 2007 8:40am Jul 28, 2007 8:40am
sorry. i dont see where to sign up for the room.

Quoting jafar00
Thanks to everyone who has joined in the chat room. Your input is making all of our Cornflower trading a more interactive, and profitable experience.

Due to the popularity of the chatroom, my server has been unstable so I've been forced to do a planned upgrade of the chat software sooner rather than later. It should be back up no later than 6PM EST (just over an hour from this post)
Because this is a major software upgrade I can't guarantee the user database will survive it so you might need to re-register for the chat again. Thanks for your understanding while I make the room a better place to chat "Cornflowerness" with each other.

http://www.rebatefx.com/chat.php

Update: At 5:30 EST the upgrade is done. You are welcome to come back and share Cornflower trades.
  • #720
  • Edited 1:01pm Jul 28, 2007 9:05am | Edited 1:01pm
Quoting fx_ninja
sorry. i dont see where to sign up for the room.
it is supposed to load a java chat module if your computer is installed with java runtime environment. no need to sign up. just fill in your name and click 'Connect' button when it is loaded.

u can also connect to the chatroom using any irc client.

this is what jafar told me yesterday

Server: irc.everywherechat.com port 7000
Room: Forex_Chat
1 trader viewing now