Supernova GBP/JPY Mini Trend Catcher

Quoting fx_ninja

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wat TF have u been testing for e/u?

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Quoting uconn10016

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Hi all,

I paid for this modification to the current EA based on the supernova system. simply because I wanted have the benefit of Supernova/ manage TP in one instance. (have your cake and eat it too)

My main motivation was to get sleep since I am in the EST timezone and noticed I would miss all the major movements which are as cryten quoted between 2AM to 6AM

anywhoo. I use it overnight on GBP/USD M15 and had
pretty decent luck with it.

feel free to give it a try and best of luck to all.

PS special shout out to Cryten/Skyline and one of the most astute forum members I have "met" here..

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Quoting cryten

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1) Cool, is this ea based on the one I posted? (you mentioned filters off)

this is based of the original system from the first post. I think he was developing for you at the same time.
when I mentioned "Filters Off" - i meant your EA and I was testing the EUR on.

If not what are the differences between the two?
Does 1.1 incorporate HA and T3?
incorporates T3/Mom/DMI/QQE

If I bought the mod off skyline do I get MQ4?
I didn't get the MQ4. but you most definitely have my consent to receive MQ4 after all it is your system to which I am very grateful.

Thanks for your contribution

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Quoting uconn10016

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Hi all,

I paid for this modification to the current EA based on the supernova system. simply because I wanted have the benefit of Supernova/ manage TP in one instance. (have your cake and eat it too)

My main motivation was to get sleep since I am in the EST timezone and noticed I would miss all the major movements which are as cryten quoted between 2AM to 6AM

anywhoo. I use it overnight on GBP/USD M15 and had
pretty decent luck with it.

feel free to give it a try and best of luck to all.

PS special shout out to Cryten/Skyline and one of the most astute forum members I have "met" here..

Ignored

Quoting uconn10016

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M15 so far. M5 seems to be a bit erratic.

here are the TP settings

extern int First_Target = 10;
extern int Target_Increment = 10;
extern double Close_Lots = 0.2;
extern bool Move_Stops = true;
extern int First_Stop_Target = 10;
extern int First_Stop = 0;
extern int Second_Stop_Target = 20;
extern int Second_Stop = 10;
extern int Third_Stop_Target = 30;
extern int Third_Stop = 20;
extern bool Use_Max_Loss = true;
extern int Max_Loss = 12;
extern int Magic_Number=0;

ran an eyeball test and seems ok even during low volatility periods. hence so you can keep it running 24/7

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Quoting uconn10016

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also on another note - I am testing the use of Supernova on EUR/USD for a couple of reasons a)low spread b) less volatility c) more consistent profits.

I noticed during backtesting that I was achiving about 78% success rate with with filters turned off and going for only 10 pips with no S/L. so by that logic i figure if I can forward test Supernova with the Manage TP EAs. I should be able to minimize losses and gain further pips.

welcome any thoughts or experience on this. will keep you updated on forward test results.

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Quoting Gnat

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Sorry, I first misunderstood this. So you have this success on EURUSD? This is terrific! 10 pips on average would be the best method I have seen.

OK - "Lets get it started - HA!" let's get it started out there!

And now the piano falls on the street!

Ciao
Gnat

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Quoting BookerT

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Uconn
Just wondering if the Original indicators for SuperNova need to be loaded on the chart for your modified EA to work? I do have them in my indicator list but have made a couple minor adjustments and have left the QQE off. (not really a big believer of EA's but want to look it over.)
It is smiling so maybe it will function properly.
As you can see I have made some modification but it is still basically the same approach.
I want to thank cryten for his original input. It got me to this point. I have been looking and working with a couple of other systems at FF that are very good in their own rights but SuperNova so far has my vote.
Its simplicity and the clear signals it produces are Great.

thanks
Tom

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Quoting awesome792

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Hello Ladies and Gentlemen,

I see all the posts regarding the E.A. I still have not checked it out that might be my weekend project. This system has really performed itself. This morning I received a signal at 3:30am eastern and I entered the trade at 3:45a.m. @231.36 and closed it manually at 232.86 Total +150. I would have continued the trade but my sleepy eyes would not let me. After this week of Demo Trading I will change trading times from 1am -11am and make it 2am (As Cryten suggested) -9am. I did not use the Spudfyre's Way today, I set stop loss at 60 pips. I really enjoyed the 15 min TF, but next Tuesday and Friday I will demo trade on the 30m TF. I can only trade those two days because those are the only days I have off during the week. I also noticed on the 15m TF that most of the trades that came in the 1am-2am timeframe would only go up an average of 30 PIPS, So by me using the Spudfyre's Way I was able to make at least 7 pips. If I had not the price would have hit my stop loss. This is why I decided to start from 2am. In a lot of the trades if I would have used the Spudfyre's Way I would have been stopped wayyyy to soon. The last two trading day's I decided not to use Spud Way and it worked out. My total pip profit this week was +919, and I only traded Tues-Today. Also Pivot areas are really good take profit areas. Once the trade moves to the next pivot line I would put the stop at the previous line and when the price moved to the next pivot area I would move the stop up again or close the trade. If you look at today trade it started on the Pivot daily line and moved to R1 and then R2. Well when the price reached the R2 you could have either closed the trade at +200 something pips or you could have placed a stop order at the R1 line. I tried to upload the chart but I was unsuccessful. Can anyone direct me on the steps of uploading an image? Thanks I would appreciate it.

God Bless and Happy Trading

Ignored

Quoting lcfxtrader

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awesome792,

Great trading you did for the week. To post a chart:
-right click on chart in MT4
-click save picture as
-click radio button active chart
-assign file name, select type as GIF, save in desktop
-click post reply in the thread
-scroll down to until you see additional options box
-click manage attachments
-click on browse to upload your file (chart) located in the magage attachment window
-choose look in desktop
-double click file name
-click upload
-wait for upload to be completed
-scroll down & close window
-click submit reply

Ignored

Quoting cryten

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Gnat have you used ODL Securities live? I have a handful of mt4 live accounts accepted but dunno who to send funds to..

I know some people recommend ibfx but I just wouldn't go there with all the bad press, not worth taking the chance.

Ignored

Quoting awesome792

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Hello Ladies and Gentlemen,

I see all the posts regarding the E.A. I still have not checked it out that might be my weekend project. This system has really performed itself. This morning I received a signal at 3:30am eastern and I entered the trade at 3:45a.m. @231.36 and closed it manually at 232.86 Total +150. I would have continued the trade but my sleepy eyes would not let me. After this week of Demo Trading I will change trading times from 1am -11am and make it 2am (As Cryten suggested) -9am. I did not use the Spudfyre's Way today, I set stop loss at 60 pips. I really enjoyed the 15 min TF, but next Tuesday and Friday I will demo trade on the 30m TF. I can only trade those two days because those are the only days I have off during the week. I also noticed on the 15m TF that most of the trades that came in the 1am-2am timeframe would only go up an average of 30 PIPS, So by me using the Spudfyre's Way I was able to make at least 7 pips. If I had not the price would have hit my stop loss. This is why I decided to start from 2am. In a lot of the trades if I would have used the Spudfyre's Way I would have been stopped wayyyy to soon. The last two trading day's I decided not to use Spud Way and it worked out. My total pip profit this week was +919, and I only traded Tues-Today. Also Pivot areas are really good take profit areas. Once the trade moves to the next pivot line I would put the stop at the previous line and when the price moved to the next pivot area I would move the stop up again or close the trade. If you look at today trade it started on the Pivot daily line and moved to R1 and then R2. Well when the price reached the R2 you could have either closed the trade at +200 something pips or you could have placed a stop order at the R1 line. I tried to upload the chart but I was unsuccessful. Can anyone direct me on the steps of uploading an image? Thanks I would appreciate it.

God Bless and Happy Trading

Ignored

Quoting lcfxtrader

Disliked

awesome792,

Great trading you did for the week. To post a chart:
-right click on chart in MT4
-click save picture as
-click radio button active chart
-assign file name, select type as GIF, save in desktop
-click post reply in the thread
-scroll down to until you see additional options box
-click manage attachments
-click on browse to upload your file (chart) located in the magage attachment window
-choose look in desktop
-double click file name
-click upload
-wait for upload to be completed
-scroll down & close window
-click submit reply

Ignored

Quoting Gnat

Disliked

Wow, Awesome!

You are really milking the cow. This is really amazing. As lcfxtrader has already posted the way to implement a chart, let me wish you a nice weekend and good testing.
We really need to find a good exit strategy based on the volatility of each pair. Then this little setup will surely be unbeatable.

It is after midnight here - I call it a week!

Ciao
Gnat

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Quoting awesome792

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I wish Vtrader was easy like MT4 to upload image. Hello again Lcfxtrader,
Do you know how to upload image for the Vtrader? I don't use MT4 for Supernova yet, but I will have a nice project this weekend loading all the E.A. I will see if i can recreate the trade today on a MT4 chart and upload it I know sometimes there are differences between brokers. Thank you again!

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Quoting awesome792

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Once we find the best exit plan, we will be in FX heaven. You have a blessed weekend and I will see you next week.

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