.SI4 for GBP/JPY & EUR/JPY

Hey Mudd,
Thanks for this. I'm always on the lookout for good daily systems!

Dial

Wouldn't like this thread to fall by the wayside as I do like the FT product and use it extensively. Mechanical systems are always going to have some weakness, like leaving pips on the table and being unable to spot support/resistance.

Anyway, has anyone made progress in tweaking the systems or indicators or in using them to trade? Problem I found on GBP/JPY is that spread is big, this beastie moves quick and from alert time to actual trade execution via SMS alert can be 30 or 50 pips on occasion. So the results ain't quite what they seem.

Let's keep this thread going, eh?

hi
I'm hire new in forex .can i ask a help hire???
dear i try to download the s14.is open with zip file .and after is ask me need help from another adobe reader .so i don't know what the wrong i do or how i can set thes14 .......are any body can help to i know how i will download it ...thank you for help

You need to download the 14 day trial of Fibonacci Trader SRV from fibonaccitrader.com

GBP/USD version.....finally!

Dead now. I just happened upon it. WOndering if anyone is still around.

Yeah, it was more or less just a distribution thread to get the files into everybodys hands; not really a discussion thread. The original two plus the GBP are probably about as good as they'll get. It would be nice for others to post other pairs as they get them testing efficiently and share them. Also look forward to seeing variants of the existing systems for other time frames.

I have sent an email the admin about not being able to send PM's in the forum and yes I have validated everything but would you please send me the information, my email is in my profile. I will not post it here on an open forum

Thanks

TM

What brokers are the best then for this type of platform? and how much is the minimum $ I can open an account with? Just getting used to MT4
Thanks

Well, the Fibonacci Trader SRV charting software gets it's price feed from FXCM; but you could use any broker you like. Fibonacci Trader has a deal where you can get the charting software for free by opening an account with FXCM and trading 70 mini lots or 7 standards per month. That's always something you could explore.

The account link is on FT's website.

I'll do it tonight.

Hi matrixebiz,

Sounds like you are new to trading. Welcome to this mad world. You are in for a wild ride!

Mudd, mentioned a broker earlier in this thread. I forget which, so start from post #1 and skim through til you find it.

Minimum money to open an account. That is easy. ZERO!!!

Since you do appear to be new to trading, the worst thing you can do is open a live account with real money. You should demo trade exclusively until you are fully confident in the system you are using, and are also consistently profitable.

When, and only when, you've met the above conditions should you open a live account. When you do, run away as fast as you can from opening a mini account with only $300. You would have to start your trading with 10000/300 = 33.33:1 true leverage. That amount of leverage is insane, even for an experienced trader. If you don't know the difference between true leverage and broker leverage, then take a look at my sticky in the beginners forum.

When you do open a live account, the minimum amount you should deposit in my opinion is twice the size of the lot you'll be trading. For example, if you open a micro account (highly recommended), each microlot is valued at 1000 units, so you should deposit $2000. If you open a mini account (NOT recommended if your account is under $40,000) then your minimum deposit should be $20,000.

Dial

MuddBuddha, have you backtested it with the exactly settings that you was using? to confirm if the backtest is reliable

Love the avatar. Division Bell was, by far, the groups greatest work. I listen to the album almost weekly. It's a good "unwind" album while you enjoy a cold beer and an expensive cigar.

Anyway, I've got a 5M Quick Trade for the EUR/JPY .SI4 that I use to fill the gaps when the 30 min system has gone flat.

Here ya go.

It has an excellent equity curve on the results. Keep in mind that this is for Fibonacci Trader SRV charting software ONLY. It will not work with MT4....and no, I will not port it as I know nothing about MT4 programming.

Here is the final version of TrendChaserFX on the 30-150-D charts.

I'm using it exclusively on the EUR/JPY as the equity curve is unbeatable.

If you have any questions, let me know. If you have any mods that possibly improve performance, PLEASE LET ME KNOW!!!

I've been working on this system for a year and feel it is about as close to perfection as it can get. Unfortunately, the indicators involved are specific to Fibonacci Trader SRV and I don't feel like putting in the time to learn programming just to port it to another platform.

I moved my accounts to FXCM as I get the FT SRV platform for free each month that way. It aint so bad....

IF, by chance, any of you port this to MT4 with the same back test results, please let me know as soon as possible. Thanks.

Happy Holidays to All and a Very Prosperous New Year

Thanks Mudd For all of your contributions

the nicest guys in the world like classical rock, progressive and Pink Floyd. This is not a opinion, but a fact.

but about the system what was your maximum consecutives losses with that new on 5m and the trendchase?

woulbe nice if someone could write an EA for both systems. The code of the volatulity indicator is open?

thanks for reply.

The 5 minute is 10. The 30 TrendChaser is 4. I'm working on fine tuning th 5 as much as possible in my freetime. There is a better version available for download from TrendChaserFX.com, as well as screens of the current equity P/L's.

I'm using the GBP/JPY, GBP/USD, & EUR/JPY personally and only using the 5 minute QuickTrade when bored. I'll get it nailed down to a smoother equity curve eventually. Gotta just keep bangin away at it.

Hi MuddBuddha, thanks for sharing this system, I'd like to make some questions about things that didn't find in the thread:

 

1. Do you close trades at the end of friday? Do you open trades at start of sunday if there's a signal? I guess sometimes the gap can mislead the indicators, how do you manage that?
2. I wonder if you could post the backtest with the performance results window, the one with gross profit, gross loss, net factor, etc.; my problem is that I used my SRV 14 day trial time before, so I can't take a look without suscribe, this last issue leads me to the third question...
3. I guess since it is a paid service, the answer is obvious, but anyway, have anybody managed to open a secound trial of FT SRV? is that possible? or are we logged with the I.P.or something inside computer?

Thanks for reading.

MuddyBuddha,

In your "read me" file you mention the price of FT SRV and then say "as well as the SMS charges".
Just curious what those charges might be.

Thanks for sharing all this brilliant stuff MuddyBuddy.