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Attachments: Supernova GBP/JPY Mini Trend Catcher
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Supernova GBP/JPY Mini Trend Catcher

  • #961
  • Sep 21, 2007 5:58pm Sep 21, 2007 5:58pm
Quoting awesome792
This chart shows the trade I took today and exit areas on the Daily Pivot Points.
Cool! The chart it up.

Now I WILL go to bed! Nice weekend to all of you ... just saw uconn in the stages - thanks again for v1.1 - great work!

Ciao
Gnat

BookerT - was your earlier question answered? How is the EA behaving with your setup?
  • #962
  • Sep 21, 2007 5:59pm Sep 21, 2007 5:59pm
Quoting Gnat
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
well I am forward testing this in the coming weeks with the combination of Supernova(the one Cryten posted with filters off on M15) and with ManageTP with the aforementioned settings. will posted in about weeks time.
BTW - thanks for the input on the "little room" . I do agree with you. just have been trying different variations and get a better on what works best.
At the end of the day wether it be 10 or 1000 pips I am looking for consistency. of course I wouldnt kick 1000pips out of bed either
  • #963
  • Sep 21, 2007 6:11pm Sep 21, 2007 6:11pm


Quoting Gnat
Cool! The chart it up.

Now I WILL go to bed! Nice weekend to all of you ... just saw uconn in the stages - thanks again for v1.1 - great work!

Ciao
Gnat

BookerT - was your earlier question answered? How is the EA behaving with your setup?
  • #964
  • Sep 21, 2007 6:12pm Sep 21, 2007 6:12pm
Quoting BookerT
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
I believe so. or at least sitting in the directory. the best way to know is when you load it look in the experts tab on the bottom and just make sure you dont see any errors.
  • #965
  • Sep 21, 2007 7:56pm Sep 21, 2007 7:56pm
I did not get anything this afternoon but I actually had the EA on a 60 minute chart. Monday I'll just load it on a chart with the original indicators. Probably try it on an hourly chart just to see what it does there.
It would be pretty cool if it could generate some consistent pipage,
  • #966
  • Sep 21, 2007 8:39pm Sep 21, 2007 8:39pm
question for uconn, what is the 'risk' variable?

thank you too for the EA. i am on the east coast aswell. trying to manual trade during prime hours would turn me into a zombie after a while! could do it for a little bit though lol, being young helps
  • #967
  • Sep 22, 2007 8:01am Sep 22, 2007 8:01am
Quoting Bluehills
question for uconn, what is the 'risk' variable?

thank you too for the EA. i am on the east coast aswell. trying to manual trade during prime hours would turn me into a zombie after a while! could do it for a little bit though lol, being young helps
the amount of risk you want to take on your acct. the setting of 2 = 2%.

good luck to you.
  • #968
  • Sep 22, 2007 6:23pm Sep 22, 2007 6:23pm
Quoting cryten
Thanks for sharing. I don't trust backtest only forward test although it's nice to have a look
Well then go have a look here (post #72)

http://www.forexfactory.com/showthre...t=45110&page=5
  • #969
  • Sep 22, 2007 6:42pm Sep 22, 2007 6:42pm
Quoting Qpip
Well then go have a look here (post #72)

http://www.forexfactory.com/showthre...t=45110&page=5
hehe

Cool, deffo encouraging EA wise. i did a visual back test gbp/usd and usd/jpy last night on 4 hour stop and reverse. 3000+ pips combined including spread from March 06. No TP no SL.

Welcome back by the way
  • #970
  • Sep 22, 2007 8:19pm Sep 22, 2007 8:19pm
Hello Finnfx,

How are you doing?

Yes, I just applied the CCI 14 indicator to my charts today and every trade this week the CCI 14 would have gotten you out at a very good price. I will keep that indicator on my chart this week in Demo Trading. Thanks for sharing what's working for you. Have a great weekend.

Quoting finnfx
Nice job! I had the same signal and entry but my managetp ea took me out at +14pips. I had plan to let it run over 100 pips but it closed both of my lots at +14 so I was out. CCI14 would have given me nice exit (about 130pips) but ea messed up my plans. And when I noticed that I wasn't brave enough to re-entry. Well lucky me there's new week to come

-finnfx
  • #971
  • Sep 22, 2007 8:55pm Sep 22, 2007 8:55pm
Quoting awesome792
Hello Finnfx,

How are you doing?

Yes, I just applied the CCI 14 indicator to my charts today and every trade this week the CCI 14 would have gotten you out at a very good price. I will keep that indicator on my chart this week in Demo Trading. Thanks for sharing what's working for you. Have a great weekend.
Hi Awesome,

Can you please explain how exactly you use the CCI 14 indicator to exit the trades?

Thanks.
  • #972
  • Sep 22, 2007 9:46pm Sep 22, 2007 9:46pm
If you were in a buy trade once the CCI 14 indicator hit the -100 line you can exit the trade.

If your in a sell trade once the CCI 14 indicator hit the +100 line you can exit the trade.



Quoting rapikbey
Hi Awesome,

Can you please explain how exactly you use the CCI 14 indicator to exit the trades?

Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: cci14ex.jpg Size: 188 KB
  • #973
  • Sep 22, 2007 9:54pm Sep 22, 2007 9:54pm
Quoting awesome792
If you were in a buy trade once the CCI 14 indicator hit the -100 line you can exit the trade.

If your in a sell trade once the CCI 14 indicator hit the +100 line you can exit the trade.
Thanks Awesome,

I will definitely test this method, but it looks like it does give you good exit points by looking back.

Best Regards.
  • #974
  • Sep 22, 2007 10:48pm Sep 22, 2007 10:48pm
Yes I agree Finnfx is on to something with the CCI 14 and DMI 7 indicator posted by winsteadglenn. Thanks I just love this thread.


Quoting rapikbey
Thanks Awesome,

I will definitely test this method, but it looks like it does give you good exit points by looking back.

Best Regards.
  • #975
  • Sep 22, 2007 11:04pm Sep 22, 2007 11:04pm
Quoting rapikbey
Thanks Awesome,

I will definitely test this method, but it looks like it does give you good exit points by looking back.

Best Regards.
For CCI: +/- 100 is like your Support/Resistance
+/- 200 is like your Overbought/Oversold signal

Though CCI may hit +/-100, it is possible that price can keep moving further into profit/loss depending upon your entry point.
  • #976
  • Edited Sep 23, 2007 12:49am Sep 22, 2007 11:18pm | Edited Sep 23, 2007 12:49am
Here's Winsteadglenn DMI 7 exit example.


Quoting awesome792
Yes I agree Finnfx is on to something with the CCI 14 and DMI 7 indicator posted by winsteadglenn. Thanks I just love this thread.
Attached Image (click to enlarge)
Click to Enlarge Name: dmi7ex.jpg Size: 389 KB
  • #977
  • Sep 23, 2007 12:23am Sep 23, 2007 12:23am
Hello Phonehome,

Your statement is true but when your 100+ in profit and with GBP/JPY pair closing can make a lot of sense, there will be many more trades. Were just trying to find exit options when in profit for The Supernova. I set my stop loss at 60 pips and if it hit that's fine (not really but what can you do, LOL) I don't use the indicator to close if I'm not in profit. I hope I helped if not just let me know. Have a great weekend.

Quoting et_phonehome_2
For CCI: +/- 100 is like your Support/Resistance
+/- 200 is like your Overbought/Oversold signal

Though CCI may hit +/-100, it is possible that price can keep moving further into profit/loss depending upon your entry point.
  • #978
  • Sep 23, 2007 12:47am Sep 23, 2007 12:47am
Hello E.A. takers,

I have been asked if I could post a question in the forum regarding the E.A. Here it is.


I havent written on the forum but you may well suggest adding the hekin to the ea... The trade can be taken when Heikin value is same as Value 3...
  • #979
  • Sep 23, 2007 3:21am Sep 23, 2007 3:21am
Quoting awesome792
Hello Finnfx,

How are you doing?

Yes, I just applied the CCI 14 indicator to my charts today and every trade this week the CCI 14 would have gotten you out at a very good price. I will keep that indicator on my chart this week in Demo Trading. Thanks for sharing what's working for you. Have a great weekend.
Hello Awesome!

Actually I was just trying to find something to confirm Supernova signals and keep me out bad ones. My original use of CCI was only take trades outside +100 and -100 areas. I was on 30M and using +100 level closing longtrades (on longtrade -100 maybe be too late for closing) and -100 for shorts. On longs I did re-entry if crossed back over +100. This was just manual backtesting. Take a look at the pic.

There's my original post about CCI. It was for 30M just forgot to tell it there.
http://www.forexfactory.com/showpost...&postcount=791

On 15M that -100 for closing longs maybe be better. It keeps you longer in trade, +100 level gives you too many exits and re-entries. I have quite nice idea and I'll post it in next post. I just love this thread and people here!

- finnfx
Attached Image (click to enlarge)
Click to Enlarge Name: pic1.gif Size: 24 KB
If you want to win you need a Finn (an old English saying from the 60's)
  • #980
  • Sep 23, 2007 4:00am Sep 23, 2007 4:00am
Hello again!

Here's the new idea I just tested. This is just one example but it gave really nice return. Here it is:

CCI(14) with levels +100 and -100.

Example GBPJPY longtrade:
1) Look at 15M and take trade when Supernova gives signal. You can use CCI +100 level to confirm signal if you like.
2) Then swich to 30M and wait CCI to cross below +100 and close the trade.
3) That's it. Now you can swich back to 15M and wait for new signal or stay on 30M and wait possible re-entry.

Please give this a try and post any feedback you'll get. I'll try to find some time to test this next week and I just hope we all can enjoy big pips

- finnfx
Attached Image (click to enlarge)
Click to Enlarge Name: CCI_2.gif Size: 27 KB
If you want to win you need a Finn (an old English saying from the 60's)
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