experiment w/this EA
Attached File(s)
Supernova GBP/JPY Mini Trend Catcher
- #502
- Aug 31, 2007 12:42pm Aug 31, 2007 12:42pm
From an Fx_ninja's idea I coded this little indicator that could help to better display signal for supernova method and remove some indicators from screen.
Actually it take care about QQE dot, DMI, Momentum and T3 (no Heiken Ashi so check it by yourself on the chart).
Here's color behaviour :
- blue : long signal
- red : short signal
- yellow : no signal (not all indicator agree)
There's only one parameter called Minutes and you can put there the minute timeframe where you want to apply indicator, so Minutes could assume these values : 5,15,60,240,1440
You can also put as much time as you want this indicator on the same chart to track multiple time frame at one time.
Please test it and report back errors
Happy pips
Skyline
- #503
- Aug 31, 2007 12:45pm Aug 31, 2007 12:45pm
- Joined Jan 2007 | Status: Stochastic pipster | 1,657 Posts
import fail in VT 
any idea ?
any idea ?
From an Fx_ninja's idea I coded this little indicator that could help to better display signal for supernova method and remove some indicators from screen.
Actually it take care about QQE dot, DMI, Momentum and T3 (no Heiken Ashi so check it by yourself on the chart).
Here's color behaviour :
- blue : long signal
- red : short signal
- yellow : no signal (not all indicator agree)
There's only one parameter called Minutes and you can put there the minute timeframe where you want to apply indicator, so Minutes could assume these values : 5,15,60,240,1440
You can also put as much time as you want this indicator on the same chart to track multiple time frame at one time.
Please test it and report back errors
Happy pips
Skyline
- #505
- Aug 31, 2007 1:01pm Aug 31, 2007 1:01pm
- Joined Jun 2007 | Status: Unconventionable Conventionist | 2,768 Posts
Thanks Ninja...
Isn't there already a version with 3 stops? managetp34.ex4? I guess I saw it somewhere already. I use the version you posted here for newstrading. But for the positions taken in the SUperNova System maybe 3 times moving of stops would be more the Spudfyre way. 
Unfortunately I have very little time today - eventually you will find it. I guess it was from stockwet.
Greetings
Gnat
experiment w/this EA
Unfortunately I have very little time today - eventually you will find it. I guess it was from stockwet.
Greetings
Gnat
13:46
GBPJPY short 233.71
SL: 234.01 (30 pips)
No indicators are lined up and the price is in a tiny range (going nowhere). I just placed this trade on the assumption that a lot of longs will be closed between now and 17h EST at close of trading week (is this a correct assumption?
WE SHALL SEE !) Also, EURJPY has an alert right now, and since the 2 seem to follow each other...
13:50
Made a mistake. Wanted to short a second lot (so I’d have 2 and unload 1 with profit, then wait and see for the 2nd) but I clicked the wrong button and BOUGHT @233.68.
Albeit, for a profit of 3 pips (25.89$USD) !! Will re-enter short 2 lots in a second grrrrrr
13:51
GBPJPY short : 233.57
SL just below t3 : 234.76 (19 pips -> very tight <--)
Qty: 2 standard lots
TP: will unload half position (1/2 lot) early to lock in profit and adjust SL to breakeven for other half and let run.
Status of indicators :
Price cleanly below green ma (t3): yes
Red candles with no/few upper shadows: yes
Alert – pink dot (qqe): no
Momentum crossed below gray line:yes but it’s going up
DMI purple above blue:yes but it’s going down, in the direction of a re-cross
GBPJPY short 233.71
SL: 234.01 (30 pips)
No indicators are lined up and the price is in a tiny range (going nowhere). I just placed this trade on the assumption that a lot of longs will be closed between now and 17h EST at close of trading week (is this a correct assumption?
WE SHALL SEE !) Also, EURJPY has an alert right now, and since the 2 seem to follow each other...13:50
Made a mistake. Wanted to short a second lot (so I’d have 2 and unload 1 with profit, then wait and see for the 2nd) but I clicked the wrong button and BOUGHT @233.68.
Albeit, for a profit of 3 pips (25.89$USD) !! Will re-enter short 2 lots in a second grrrrrr
13:51
GBPJPY short : 233.57
SL just below t3 : 234.76 (19 pips -> very tight <--)
Qty: 2 standard lots
TP: will unload half position (1/2 lot) early to lock in profit and adjust SL to breakeven for other half and let run.
Status of indicators :
Price cleanly below green ma (t3): yes
Red candles with no/few upper shadows: yes
Alert – pink dot (qqe): no
Momentum crossed below gray line:yes but it’s going up
DMI purple above blue:yes but it’s going down, in the direction of a re-cross
14:33
Got stopped out @ break-even.
Even for a week which started out with 3 BAD impulsive trades, I’m up 68 pips or 589.76$.
My conclusion for this system after having back-tested GBPJPY on 5 min and 15 min for 1 week, then traded the GBPJPY and EURJPY on 5 min for 1 week in real time, is that IT’S A GREAT SYSTEM !!!
Let’s see what happens next week. If only work/life/sleep didn’t interfere with out trading.............
:
Today’s trades:
Got stopped out @ break-even.
Even for a week which started out with 3 BAD impulsive trades, I’m up 68 pips or 589.76$.
My conclusion for this system after having back-tested GBPJPY on 5 min and 15 min for 1 week, then traded the GBPJPY and EURJPY on 5 min for 1 week in real time, is that IT’S A GREAT SYSTEM !!!
Let’s see what happens next week. If only work/life/sleep didn’t interfere with out trading.............
: Today’s trades:
- #510
- Aug 31, 2007 2:09pm Aug 31, 2007 2:09pm
yes u r right.
Thanks Ninja...
Isn't there already a version with 3 stops? managetp34.ex4? I guess I saw it somewhere already. I use the version you posted here for newstrading. But for the positions taken in the SUperNova System maybe 3 times moving of stops would be more the Spudfyre way.
Unfortunately I have very little time today - eventually you will find it. I guess it was from stockwet.
Greetings
Gnat
This was my LAST trade for the week. Nb: I won’t clog this thread with the all details of my trades next week don’t worry LOL, I just wanted to make a live log in real time for this first week. I’ll be keeping a personnal log, however, because I want to be able to see my progress (or regress?? hehehe hope not) to be able to improve my trading.
Here goes the last one (on THIS ONE I was brave, see the time!!)
15:15 EST
GBPJPY long : 233.73 (bid is 233.64)
SL just above t3 : 233.52 (12 pips-> this is insane)
Qty: 2 standard lots
TP: will unload half position (1/2 lot) early to lock in profit and adjust SL to breakeven +1 for other half and let run.
Status of indicators :
Price cleanly above green ma (t3): yes
Red candle with no/few lower shadows:yes
Alert – blue dot (qqe): yes
Momentum crossed above gray line:yes
DMI purple below blue: no, not yet
Update:
At 15:34, price is at break-even, moved my SL to –9 pips (my spread) @ 233.64
DMI just crossed below blue line.
Now go UP!
15:38, I got SCARED (for no reason) and closed out ½ position @ 233.82 for 77.65$. Moved SL to break-even + 1 @ 233.74 and will let the other ½ RIDE!
15:45 moved SL up to 233.84 (11 pips in my pocket) while price is @ 233.93 (or 20 pips from my entry)
15:50 price is taking a major plunge, RED ALERT for EURJPY and red candle just formed for GBPJPY. Got stopped out @ 233.84 for 11 pips or 94.91$ (shoulda just taken ONE last trade (my broker closes at 16:30), price is plummetting FAST à don’t get GREEDY!!!):
Today’s trades:
Here goes the last one (on THIS ONE I was brave, see the time!!)
15:15 EST
GBPJPY long : 233.73 (bid is 233.64)
SL just above t3 : 233.52 (12 pips-> this is insane)
Qty: 2 standard lots
TP: will unload half position (1/2 lot) early to lock in profit and adjust SL to breakeven +1 for other half and let run.
Status of indicators :
Price cleanly above green ma (t3): yes
Red candle with no/few lower shadows:yes
Alert – blue dot (qqe): yes
Momentum crossed above gray line:yes
DMI purple below blue: no, not yet
Update:
At 15:34, price is at break-even, moved my SL to –9 pips (my spread) @ 233.64
DMI just crossed below blue line.
Now go UP!
15:38, I got SCARED (for no reason) and closed out ½ position @ 233.82 for 77.65$. Moved SL to break-even + 1 @ 233.74 and will let the other ½ RIDE!
15:45 moved SL up to 233.84 (11 pips in my pocket) while price is @ 233.93 (or 20 pips from my entry)
15:50 price is taking a major plunge, RED ALERT for EURJPY and red candle just formed for GBPJPY. Got stopped out @ 233.84 for 11 pips or 94.91$ (shoulda just taken ONE last trade (my broker closes at 16:30), price is plummetting FAST à don’t get GREEDY!!!)
: Today’s trades:
This was my LAST trade for the week. Nb: I won’t clog this thread with the all details of my trades next week don’t worry LOL, I just wanted to make a live log in real time for this first week. I’ll be keeping a personnal log, however, because I want to be able to see my progress (or regress?? hehehe hope not) to be able to improve my trading.
Here goes the last one (on THIS ONE I was brave, see the time!!)
15:15 EST
GBPJPY long : 233.73 (bid is 233.64)
SL just above t3 : 233.52 (12 pips-> this is insane)
Qty: 2 standard lots
TP: will unload half position (1/2 lot) early to lock in profit and adjust SL to breakeven +1 for other half and let run.
Status of indicators :
Price cleanly above green ma (t3): yes
Red candle with no/few lower shadows:yes
Alert – blue dot (qqe): yes
Momentum crossed above gray line:yes
DMI purple below blue: no, not yet
Update:
At 15:34, price is at break-even, moved my SL to –9 pips (my spread) @ 233.64
DMI just crossed below blue line.
Now go UP!
15:38, I got SCARED (for no reason) and closed out ½ position @ 233.82 for 77.65$. Moved SL to break-even + 1 @ 233.74 and will let the other ½ RIDE!
15:45 moved SL up to 233.84 (11 pips in my pocket) while price is @ 233.93 (or 20 pips from my entry)
15:50 price is taking a major plunge, RED ALERT for EURJPY and red candle just formed for GBPJPY. Got stopped out @ 233.84 for 11 pips or 94.91$ (shoulda just taken ONE last trade (my broker closes at 16:30), price is plummetting FAST à don’t get GREEDY!!!)
Today’s trades: