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Supernova GBP/JPY Mini Trend Catcher

  • #1,981
  • Oct 22, 2007 3:03am Oct 22, 2007 3:03am
Quoting finnfx
Hi Matrix!

CCI for Supernova is something I developed for exiting trades on 15M with the help of 30M. Here's one of my posts: http://www.forexfactory.com/showpost...&postcount=980 .

- finnfx
When I load the CCI indicator on the chart it looks like the Momentum indicator, in that it has one zigzag line and one line at 0. Does it work the same as Momentum and when it crosses the 0 line triggers a signal? Or do I have to add my trigger line for which you recommend 100? Do I add two lines -100 and +100? Sorry, for all the questions I just want to be sure I know when CCI triggers a buy or sell. Just a little confused on the -100 and +100 thing when there is a 0 line on the chart to. Can I use level threshold 0 if I want it to just use the 0 line?
Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,982
  • Oct 22, 2007 3:46am Oct 22, 2007 3:46am
Quoting Visionary1
Hello to all here, this is my first post in FF, but most definately not my first read. A good friend of mine introduced me to forex about a half a year ago and I was addicted instantly. I am very (posterior retentive) about what i do and how i do it and how i analyze things before i get into them. I demo'd for two months straight and the last month and a half of it being so successful that i jumped right in with a rather large amount at the beginning of month three. It has been a roller coaster ride to say the least as i have tried to fine tune my trading style. from time to time my good friend (Jimbop) has tried to co-erce me into some trading sytem or another, and none of them have seemed to really hit the spot for me. he told me about supernova about a a week ago and ashamedly i will admit that i dismissed it all together. then i gave him my attention for a day and he showed me that this truly does appear to be an amazing system. i sat with him for about an hour and a half and paper traded this and as i recall it was somewhere around a 50-60 pip gain, just that easy. Needless to say i have spent the last three days scrutinizing and reading the first 1200 posts to this thread and was amazed to find not one critic, only happy helpful and co-operative boss-sacking wannabe's... I Acknowledge Cryten for his ingeniousness, Qpip for her incredible similarities and abilities in understanding these indicators and her insane sense of humor, and Awesome792 for her amazing discipline for sticking with her demo trading for so long despite the temptations, (DISCIPLINE) may we all have a little piece of that pie. lol. and everybody else who has contributed to this thread and made it so wonderful of a system that even mr skeptic himself (ME) has decided to give this system my full attention. Happy pippin everyone, and a thanks to my friend Jimbop for this little addiction he so generously placed on my table in the form of a little web address on a piece of paper one day at the office.. Check this out if you get some time he says, 6 months later here i am going full bore, and now found something that seems just that much better. best of luck to everyone as the week is about to kick off.

Welcome and regards to Jimbop!
  • #1,983
  • Oct 22, 2007 3:50am Oct 22, 2007 3:50am
Quoting matrixebiz
When I load the CCI indicator on the chart it looks like the Momentum indicator, in that it has one zigzag line and one line at 0. Does it work the same as Momentum and when it crosses the 0 line triggers a signal? Or do I have to add my trigger line for which you recommend 100? Do I add two lines -100 and +100? Sorry, for all the questions I just want to be sure I know when CCI triggers a buy or sell. Just a little confused on the -100 and +100 thing when there is a 0 line on the chart to. Can I use level threshold 0 if I want it to just use the 0 line?
Thanks
Hallo Matrix!

The EA will use the CCI disregarding its visual setup. But for your own good you may want to make the +-100 lines visible. Rightklick on the CCI line in the chart - select proprties - then you will easily find the settings.

Ciao
Gnat
  • #1,984
  • Edited 9:09am Oct 22, 2007 5:13am | Edited 9:09am
Turn off Damiani on 3a.

I am seeing the same problem here. When I turn damiani off, the EA starts working again. I suspect that it is a problem with the latest version of Damiani EX4, and probably cannot be fixed, without regressing to a previous version of Damiani. I have asked Sky to consider donating this feature to the Atlantic Ocean. Late revision: Mediteranian Sea

Glenn
Even with late entries, I made about fifty percent profit on my 100 k demo account, hands-off robot. Killed the Damiani, Using CCI for exit. 30 min. window. Risk 10%. Six pairs. Not too shabby.
  • #1,985
  • Oct 22, 2007 5:17am Oct 22, 2007 5:17am
Quoting winsteadglenn
Turn off Damiani on 3a.

I am seeing the same problem here. When I turn damiani off, the EA starts working again. I suspect that it is a problem with the latest version of Damiani EX4, and probably cannot be fixed, without regressing to a previous version of Damiani. I have asked Sky to consider donating this feature to the Atlantic Ocean.

Glenn

ROTFL... Sky has it much easier if you allow him to dump it into the mediterranian sea - otherwise he will have a looong journey!

Still a shame that it did not work. I was wondering about some strange action here, but wnated to go into the last version during this evening. Being a straw widower (Wife and children on holiday) I have much more time now!

Greetz!
Gnat
  • #1,986
  • Oct 22, 2007 6:11am Oct 22, 2007 6:11am
Quoting Gnat
Hallo Matrix!

The EA will use the CCI disregarding its visual setup. But for your own good you may want to make the +-100 lines visible. Rightklick on the CCI line in the chart - select proprties - then you will easily find the settings.

Ciao
Gnat
Yes I know, but what makes CCI trigger? when it crosses the +100 or -100 or the Zero line? What if I use level Zero instead of 100? Just need clarity on when CCI triggers its Buys and Sells, what line is crossed?

Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,987
  • Oct 22, 2007 6:24am Oct 22, 2007 6:24am
looking at the default setting it is turned off, only thing that triger enter is QQE true

I've been using this method since I first seen the post at baby pips and its nice to see an EA for it, now it just needs to be tweaked a bit...Thanks Glenn

Quoting winsteadglenn
Turn off Damiani on 3a.

I am seeing the same problem here. When I turn damiani off, the EA starts working again. I suspect that it is a problem with the latest version of Damiani EX4, and probably cannot be fixed, without regressing to a previous version of Damiani. I have asked Sky to consider donating this feature to the Atlantic Ocean.

Glenn

Don't chase the market, Let the market come to you
  • #1,988
  • Edited 9:14am Oct 22, 2007 8:48am | Edited 9:14am
Matrix:
I have set up lines at the +100 level and at the -100 level on CCI.
In the EA, you will see a slot for CCI threshold. I put in 100. It knows you mean +/-.
It means the trade is active as long as the CCI is above 100 or below -100.
If the CCI falls inside these boundaries, the EA will exit the trade.
Thanks to FinnFx for this feature. I think it is nearly perfect as an exit marker.
It is nearly always a tad earlier than QQE/MOM/DMI, and saves quite a few pips. I have all of those set as exit triggers, also, but remember, it takes only one marker to exit, the first one it sees. I am using CCI for entry and exit, and have disabled the T3 for entry.
This makes the bot enter about one candle earlier than T3, in some cases.
Cryten's system is exquisite. I think back-testing data that show significant losses must be wrong. The system only waits to see what is happening, and exits can be controlled with stop loss, trailing stop and the other exit markers.
My tiny brain cannot conjure up a scenario where this will not work.
The volume settings would be unique for each currency pair. When the market is active, you will see the volume of orders jump above a certain threshold, and this can be used as a filter. I do not yet have good numbers for this, but each pair is special, and requires a different number. I would not fool with it, until all the other factors are established first. Stop loss and TS, and so forth, are more important.
Glenn
Gnat: Med. sea, yes. hahahahaha Maybe an old version will work????
  • #1,989
  • Oct 22, 2007 9:40am Oct 22, 2007 9:40am
Quoting winsteadglenn
Gnat: Med. sea, yes. hahahahaha Maybe an old version will work????
Hi, Glenn!

Well an older Damiani version that has stood the test of time by now, will certainly be good enough! I will look into your newest version tonight and maybe I will just switch the Damiani off and see if that works. Seems to still interfer as I read some of the posts, but we will see and I will let you know!

Ciao!
Gnat

BTW: You being in Montana... ever heard of "Lake Five"? My sisters parents in law have a lrgish Log there!
  • #1,990
  • Oct 22, 2007 9:51am Oct 22, 2007 9:51am
Beautiful area, Just about 80 miles north of me.

http://www.virtualmontana.com/montan...montana301.htm
  • #1,991
  • Oct 22, 2007 9:53am Oct 22, 2007 9:53am
My husband wants to move to Billings.

Quoting winsteadglenn
Beautiful area, Just about 80 miles north of me.

http://www.virtualmontana.com/montan...montana301.htm
  • #1,992
  • Oct 22, 2007 9:57am Oct 22, 2007 9:57am
Quoting winsteadglenn
Beautiful area, Just about 80 miles north of me.

http://www.virtualmontana.com/montan...montana301.htm

Thanks for the link! I guess I will be there later this year or in the spring of next year. I'll let you know!

Greetz!
Gnat
  • #1,993
  • Oct 22, 2007 10:24am Oct 22, 2007 10:24am
Quoting winsteadglenn
Matrix:
I have set up lines at the +100 level and at the -100 level on CCI.
In the EA, you will see a slot for CCI threshold. I put in 100. It knows you mean +/-.
It means the trade is active as long as the CCI is above 100 or below -100.
If the CCI falls inside these boundaries, the EA will exit the trade.
Thanks to FinnFx for this feature. I think it is nearly perfect as an exit marker.
It is nearly always a tad earlier than QQE/MOM/DMI, and saves quite a few pips. I have all of those set as exit triggers, also, but remember, it takes only one marker to exit, the first one it sees. I am using CCI for entry and exit, and have disabled the T3 for entry.
This makes the bot enter about one candle earlier than T3, in some cases.
Cryten's system is exquisite. I think back-testing data that show significant losses must be wrong. The system only waits to see what is happening, and exits can be controlled with stop loss, trailing stop and the other exit markers.
My tiny brain cannot conjure up a scenario where this will not work.
The volume settings would be unique for each currency pair. When the market is active, you will see the volume of orders jump above a certain threshold, and this can be used as a filter. I do not yet have good numbers for this, but each pair is special, and requires a different number. I would not fool with it, until all the other factors are established first. Stop loss and TS, and so forth, are more important.
Glenn
Gnat: Med. sea, yes. hahahahaha Maybe an old version will work????
Beautiful Thank you for the info. Clears it up now. I find that T3 wasn't working that great either so turned it off but MOM, QQE and CCI are what I'm using now Not to keen on DMI yet
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,994
  • Edited 12:13pm Oct 22, 2007 11:50am | Edited 12:13pm
Eureka: Billings is a nice town. I prefer the cities west of the Rockies, namely Missoula and Kallispel, in that order. The climate is milder, less wind, and both are less industrial. You will be wealthy with Supernova, so you can choose based on other criteria.
Gnat: I will look forward to meeting you, when you come.
Matrix: I set the DMI at period 7. It moves the entry slightly earlier.
Sky thinks the Med. Sea is a great idea for Damiani.
  • #1,995
  • Oct 22, 2007 1:46pm Oct 22, 2007 1:46pm
Quoting lcfxtrader
Supernova traders,

If you want an EA that works correctly, might I suggest pooling our money together and hiring Mr. PIP from the TSD site. He's one the best in the business. If anyone is interested, send me a PM. Thanks, lcfxtrader
no pm but I'm in

does anyone have setting that will work for this yet?

Thanks

TM
Don't chase the market, Let the market come to you
  • #1,996
  • Oct 22, 2007 2:04pm Oct 22, 2007 2:04pm
Awesome when your in give us an update on your live trading
  • #1,997
  • Oct 22, 2007 3:24pm Oct 22, 2007 3:24pm
Quoting cryten
...As long as there is volatility and commmon sense i beleive this system will continue to work just fine.

( I'm talking about trading this live, the EA is another kettle of fish)
Yes, sure!
My backtest was simply based on QQE signals, stop & reverse. Just to show that in the past this simple setup couldn't have worked so good like at present -> we may take into consideration a "fine tuning" of any EA also for the future.

I would have time to trade this system manually on 5-15 min timeframe ...
  • #1,998
  • Oct 22, 2007 3:44pm Oct 22, 2007 3:44pm
Quoting ghido
Yes, sure!
My backtest was simply based on QQE signals, stop & reverse. Just to show that in the past this simple setup couldn't have worked so good like at present -> we may take into consideration a "fine tuning" of any EA also for the future.

I would have time to trade this system manually on 5-15 min timeframe ...
Hi, Ghido!

What's that of stop&reverse?

How does it work?

THX
  • #1,999
  • Oct 22, 2007 3:48pm Oct 22, 2007 3:48pm
I have the Supernova.mq4 EA running on one chart and the Supernova EA (Glenn) v1[1].3a running on another chart. I think they are both trading but is there a way to tell which EA placed a particular order?
  • #2,000
  • Oct 22, 2007 3:57pm Oct 22, 2007 3:57pm
Quoting marc
Hi, Ghido!

What's that of stop&reverse?

How does it work?

THX
If you simply set "true" only: "EntryOnQQE" and "ExitOnQQE", the EA will go long - short - long ...etc at any QQE cross
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