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Supernova GBP/JPY Mini Trend Catcher

  • #2,241
  • Oct 27, 2007 4:19pm Oct 27, 2007 4:19pm
Nice to see everything is working out for you! I had soo many request for the Skype communicater. I will check that out today. I honestly have never used it and have no clue. If there's anyone here that can help me that would be great. I will post everything soon. We had a great time last Friday a signal never came until after we closed the conference at around 6 something! I learned alot from Nofx and Wizardpip and this is what it is all about becoming better traders together (You gotta love it). I will be in touch and thanks for everyone who wants to participate! Angela

happy trading and God Bless!

Quoting cryten
Hey awesome! I'm back online and ready to trade (yay )
I will join you and NOFX in trading the Euro Session, I missed last Friday sleeping in! that's naughty but I am back!
  • #2,242
  • Oct 27, 2007 5:33pm Oct 27, 2007 5:33pm
Not having to much luck with work doing manual trading. Hope to get the EA working the way it should with at least 95% accuracy
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,243
  • Oct 27, 2007 5:46pm Oct 27, 2007 5:46pm
How are you doing today?

I'm sorry to hear about your manual trading. Could you please explain to me how you take your trades? Maybe I can help you figure somethings out. One other thing Nofx and Cryten brought to my attention using support and resistant lines for exits and stop loss levels. I saw the video (I will post the link) and applied it to my charts and I'm blown away.

http://www.forex4noobs.com/tradevide...todrawsnr.html


Quoting matrixebiz
Not having to much luck with work doing manual trading. Hope to get the EA working the way it should with at least 95% accuracy
  • #2,244
  • Edited 6:27pm Oct 27, 2007 6:13pm | Edited 6:27pm
Hey Awesome,

I believe all you have to do is download Skype and just do a conference call on it. At least that has worked for me in the past - just was on one today with traders all over the world. Should be easy to set up I think. Have a good one and I'll talk to you soon. Actually the best thing to do would be to set up a Skypecast and then provide the link here so people can join whenever they want to. Once you get your skype set up let me know and we can work through how to set it up. I'll pm you soon


NOFX


Quoting awesome792
Nice to see everything is working out for you! I had soo many request for the Skype communicater. I will check that out today. I honestly have never used it and have no clue. If there's anyone here that can help me that would be great. I will post everything soon. We had a great time last Friday a signal never came until after we closed the conference at around 6 something! I learned alot from Nofx and Wizardpip and this is what it is all about becoming better traders together (You gotta love it). I will be in touch and thanks for everyone who wants to participate! Angela

happy trading and God Bless!
  • #2,245
  • Edited 9:05pm Oct 27, 2007 8:08pm | Edited 9:05pm
Quoting awesome792
How are you doing today?

I'm sorry to hear about your manual trading. Could you please explain to me how you take your trades? Maybe I can help you figure somethings out. One other thing Nofx and Cryten brought to my attention using support and resistant lines for exits and stop loss levels. I saw the video (I will post the link) and applied it to my charts and I'm blown away.

http://www.forex4noobs.com/tradevide...todrawsnr.html
Well, because there are so many ideas in this thread for a new Forex user to comprehend, who is right, who is wrong, what method works, what method doesn't, I'm just try to use the method in the first post regarding Lag1 and Lag2.

EDIT: would it help anyone to have an indicator that reads different TimeFrames because I think to make better judgment on the trade just before you make it people check a different TimeFrame first to ses if they both jive then make the trade: http://www.forex-tsd.com/indicators-...ndicators.html
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,246
  • Oct 28, 2007 10:04am Oct 28, 2007 10:04am
I figured out why the EA wasn't exiting on the QQE reversals for me... one of the QQE indicators was missing from the folder for my live account. It was in my demo account but I hadn't noticed the problem when I switched to the live account because I simply copied all the indicators from the zip, but the QQE Alert is missing :

Quote
Cannot open file 'C:\Program Files\MetaTrader - Alpari UK\experts\indicators\###QQE_Alert_MTF_v5###.ex4' on the GBPJPY,M5

Cryten, you may want to add that indicator to your zip file since it's necessary for the EA to run correctly. Damiani is also missing from the zip and causing an error message too...

Jin.
  • #2,247
  • Oct 28, 2007 10:46am Oct 28, 2007 10:46am
Daylight Savings : Update

My previous information about DST changes today (Sunday) would have been correct, except that I didn't realize that this year the USA changed their DST laws, so they now change on the 1st Sunday of November instead of the last Sunday of October. As I wrote before, the UK has moved back an hour from today.

That means for one week the overlapping hours of the UK/USA markets will change. Theoretically the market will become less active an hour earlier than usual, since the UK market will be closing an hour earlier in relation to US time. Whether that hour makes a big difference to your trading is debatable, but it's something to be aware of...
  • #2,248
  • Oct 28, 2007 11:28am Oct 28, 2007 11:28am
Quoting skyline
Sorry ET I cannot figure out the CCI issue, could you show on a chart what are you experiencing ?

thx

Skyline
Skyline,

Notice when the cross have actually happened when T3, DMI, Mom and QQE were satisfied [I have EntryOn for all of these set to TRUE], and the order got triggered around 11 bars latter when I logged on for the first time.

My settings is setup with EntryOn.... all set to TRUE except for EntryOnCCI = FALSE. Everytime when I startup MT4 platform with Supernova and the EA as always being active, a trade willl get triggered - it seems that the CCI has just crossed +/-100 line. Its just coincidental that all the bad trades which were triggered as soon as I startup MT4 are showing CCI having crossed the +/-100 at that time this happens.

I hope this helps....

ET
Attached Image (click to enlarge)
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  • #2,249
  • Oct 28, 2007 3:01pm Oct 28, 2007 3:01pm
Hi,

I have been using SuperNova EA (GLENN) V1.3a I have tried various inputs and back testing on MT4 but I am finding it extremley hard to make a profit, the nearest I have come is using the the Eur/Jyp 30min S=0 TP=60 Trailing+0
QQE true and T3 true to exit CCI true, it works well in October but not so well the rest of the months!! has anyone got any tips????
  • #2,250
  • Oct 28, 2007 5:19pm Oct 28, 2007 5:19pm
Quoting et_phonehome_2
Skyline,

Notice when the cross have actually happened when T3, DMI, Mom and QQE were satisfied [I have EntryOn for all of these set to TRUE], and the order got triggered around 11 bars latter when I logged on for the first time.

My settings is setup with EntryOn.... all set to TRUE except for EntryOnCCI = FALSE. Everytime when I startup MT4 platform with Supernova and the EA as always being active, a trade willl get triggered - it seems that the CCI has just crossed +/-100 line. Its just coincidental that all the bad trades which were triggered as soon as I startup MT4 are showing CCI having crossed the +/-100 at that time this happens.

I hope this helps....

ET
Ok now I can see clearly what you are saying ET, thx
Actually SuperNova EA is created in a way that when all signals agree then a trade is triggered. This doesn't means that all signals have to agree at the same candles but they can be verified on different candles.
Now if you turn on the EA in the middle of a trend when all the signals already agreed it's obvious that EA will enter a trade since all conditions are met at that point.
So as far as I can see the only option at this stage is to turn on the EA only when not all signals agree (you're not in the middle of a trade). Btw I'm studying a way to avoid this little problem

Cheers,
Skyline
  • #2,251
  • Oct 28, 2007 9:59pm Oct 28, 2007 9:59pm
Quoting awesome792
Nice to see everything is working out for you! I had soo many request for the Skype communicater. I will check that out today. I honestly have never used it and have no clue. If there's anyone here that can help me that would be great. I will post everything soon. We had a great time last Friday a signal never came until after we closed the conference at around 6 something! I learned alot from Nofx and Wizardpip and this is what it is all about becoming better traders together (You gotta love it). I will be in touch and thanks for everyone who wants to participate! Angela

happy trading and God Bless!
Totally agree!!!

Everyone has to try it, because it was fun and helpfull, i learned a lot, and now i have to sit and try everything we talked about. Like Angela said, never got a signal, but if we did things could be even more fun and helpfull, talking about S/R, Exits, and so on.

Next time i'm in again, with Skype, yahoo or windows, or anything else

Happy trading

WP
  • #2,252
  • Oct 29, 2007 1:53am Oct 29, 2007 1:53am
Quoting skyline
Ok now I can see clearly what you are saying ET, thx
Actually SuperNova EA is created in a way that when all signals agree then a trade is triggered. This doesn't means that all signals have to agree at the same candles but they can be verified on different candles.
Now if you turn on the EA in the middle of a trend when all the signals already agreed it's obvious that EA will enter a trade since all conditions are met at that point.
So as far as I can see the only option at this stage is to turn on the EA only when not all signals agree (you're not in the middle of a trade). Btw I'm studying a way to avoid this little problem

Cheers,
Skyline
Hallo Sky!

Just an idea for that problem: You could limit the valid entry to the first "x" amount of candles after the QQE crossing. The EA user may then just put in a number and therefore can predestine how late he or she may want to get in. Default could be set to 2, so that noone will be drawn into an old trade!

Greetz!
Gnat
  • #2,253
  • Oct 29, 2007 3:23am Oct 29, 2007 3:23am
Firstly, it seems my 5m settings created too many false entries, although the bigger problem seems to be exiting on CCI with the lower timeframe. I will now try testing the EA on 15m and without exits on CCI, instead exiting only on QQE and DMI (and Trail 17).

Second, I have a new problem, the EA is creating TWO trades for every entry! Has anybody else seen that? It didn't do that with my 2 previous MT4 installs, but with my new install it was creating doubled trades all morning... For example see the image :

http://img145.imageshack.us/img145/5692/doubledgl3.jpg

As you can see, there was definitely only one chart open for each pair. Any ideas why this would happen?

Jin.
  • #2,254
  • Oct 29, 2007 3:54am Oct 29, 2007 3:54am
I just had something weird happen with the EA. At 8:22 GMT I had four trades going along ( all early entrys by the EA, which is another bug to be worked out) when suddenly all four trades closed out, at exactly the same time. All positions were within my stops, they just closed! One was profitable, one even, and two losses. Any ideas anyone???
  • #2,255
  • Edited 4:07am Oct 29, 2007 4:04am | Edited 4:07am
Quoting wolfeman
I just had something weird happen with the EA. At 8:22 GMT I had four trades going along ( all early entrys by the EA, which is another bug to be worked out) when suddenly all four trades closed out, at exactly the same time. All positions were within my stops, they just closed! One was profitable, one even, and two losses. Any ideas anyone???
So it turns out one of the positions I mentioned was NOT running EA, so what do you suppose caused that? DSL connection? Why would they just close like that?? Anyone?
  • #2,256
  • Oct 29, 2007 4:07am Oct 29, 2007 4:07am
Quoting wolfeman
I just had something weird happen with the EA. At 8:22 GMT I had four trades going along ( all early entrys by the EA, which is another bug to be worked out) when suddenly all four trades closed out, at exactly the same time. All positions were within my stops, they just closed! One was profitable, one even, and two losses. Any ideas anyone???
Hallo Wolfman...

there were 4 trades on different currencies (not the doulbe action that Jin is describing above) and they all closed on the same instance? Please have a look into your journal and maybe post it here.

First time I heard about this!
Greetz!
Gnat
  • #2,257
  • Oct 29, 2007 4:57am Oct 29, 2007 4:57am
Quoting Gnat
Hallo Sky!

Just an idea for that problem: You could limit the valid entry to the first "x" amount of candles after the QQE crossing. The EA user may then just put in a number and therefore can predestine how late he or she may want to get in. Default could be set to 2, so that noone will be drawn into an old trade!

Greetz!
Gnat
Thx Gnat for your idea
It could work fine but it's a little bit limited to QQE, because if a user didn't select QQE as entry rule then the problem arise again.
I'm thinking to solve this issue in a more general way by marking the time (vertical axis) when a conditions is met with a datetime flag.
So when EA is starting the datetime flag for each entry conditions will be by default set for instance to 01.01.1980 and when conditions turned to be true, it will be marked with the candle's time.
In this way when we place the EA for first run, if any of the datetime flag is set to default one 01.01.1980 then it doesn't place a trade. On other hand the EA will place a trade when all datetime flag will be different from default one.
This is only an idea, now I have to see how to realize it
  • #2,258
  • Oct 29, 2007 5:06am Oct 29, 2007 5:06am
Quoting skyline
Thx Gnat for your idea
It could work fine but it's a little bit limited to QQE, because if a user didn't select QQE as entry rule then the problem arise again.
I'm thinking to solve this issue in a more general way by marking the time (vertical axis) when a conditions is met with a datetime flag.
So when EA is starting the datetime flag for each entry conditions will be by default set for instance to 01.01.1980 and when conditions turned to be true, it will be marked with the candle's time.
In this way when we place the EA for first run, if any of the datetime flag is set to default one 01.01.1980 then it doesn't place a trade. On other hand the EA will place a trade when all datetime flag will be different from default one.
This is only an idea, now I have to see how to realize it
Hi Sky!

Would it be easier to just check which condition we're in long or short when starting EA up. Ie. (using QQE) on EA startup it notices that we're on long signal and then it waits until short signal appears and then takes a trade ofcourse if all optional (DMI, MOM...) conditions agree . That way it doesn't take trade in the middle of signal.

- finnfx
If you want to win you need a Finn (an old English saying from the 60's)
  • #2,259
  • Oct 29, 2007 5:45am Oct 29, 2007 5:45am
Quoting finnfx
Hi Sky!

Would it be easier to just check which condition we're in long or short when starting EA up. Ie. (using QQE) on EA startup it notices that we're on long signal and then it waits until short signal appears and then takes a trade ofcourse if all optional (DMI, MOM...) conditions agree . That way it doesn't take trade in the middle of signal.

- finnfx
Hi Finnfx,
thx for your input
I thought also a solution like that but what happen if we are not in a short nor in a long signal when we turn on EA ?
I mean for instance we set EA to enter with QQE,DMI,Damiani, then we turn on EA and the conditions at that moment are QQE long, DMI short, Damiani ok to trade. This isn't a long nor a short signal, what will do EA ?
I think this idea will work fine if we turn EA exactly when all conditions agree in the same direction so that we can skip the long trade and wait for short one but it doesn't work when conditions don't agree each other.
Isn't that right ?

Skyline
  • #2,260
  • Oct 29, 2007 5:58am Oct 29, 2007 5:58am
Quoting skyline
if a user didn't select QQE as entry rule then the problem arise again.
I don't think that's a problem - if a person is not using QQE as an entry then they are no longer using supernova, I believe QQE is the core of the system...

I think FinnFX's suggestion is perfect, when the EA begins it shouldn't enter until AFTER the next QQE signal, that should prevent all false entries. That's also ideal so that if you need to close MT4 or change the settings, it won't keep automatically entering immediately. I know some people also prefer that it only enters if all the signals appear within X number of bars, but my backtesting showed that wasn't important so long as you're not entering during ranging conditions (I sure would like to see Juice implemented, Damiani changes too slowly)

Still trying to figure out why the EA is doubling my entry orders, since changing the timeframe to 15m it's not always doubling the entries but it's still happening occasionally - and now even at different entry times, eg. it entered for EURJPY at 11:00 and again at 11:45 even though the first was still open. Fortunately both are profitable right now so I'm not complaining, but this morning there were a lot of doubled trades that doubled losses...

Jin.
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