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Supernova GBP/JPY Mini Trend Catcher

  • #2,301
  • Edited 11:39am Oct 30, 2007 9:48am | Edited 11:39am
Next version almost ready.
Juice Ready
ParabolicSAR ready.
Alternate TF for exit ready.
QQEA with sound on entry ready.
Laguerre will be included as an optional indicator for entry and exit.
IF this puppy works, I think we are done.

Wolfy: I have asked Sky about your post today. Look for him to reply soon. I am turning off SL and TS, to see what happens.
I have moved my CCI exits to 114 threshold. I think this will save a lot of pips.
T3 entry on; CCI entry off; exit on everything.
Adding parabolic dots for entry will stop some of those annoying very late entries.
Jin reports that Juice senses the market volatility and self-adjusts. Very cool.
With Laguerre, we might be able to scalp the five min. window, while we sleep.
  • #2,302
  • Oct 30, 2007 9:57am Oct 30, 2007 9:57am
Quoting winsteadglenn
Next version almost ready. Juice and ParabolicSAR ready.
entry on alert, alternate TF for exit ready.
Laguerre will be included as an optional indicator for entry and exit.
IF this puppy works, I think we are done.

Wolfy: I have asked Sky about your post today. Look for him to reply soon.
Sounds really nice! Seems everything is included now and the real fun can begin!
  • #2,303
  • Oct 30, 2007 10:17am Oct 30, 2007 10:17am
Quoting wolfeman
Well I just figured out why my EA suddenly started working ok. I recently have been using stops and limits, otherwise I get no exits from any indicators. So for me, I do get entrys (late entrys, by the way) from EA but no exits. Has anyone else had this happen? I can't be the only one having this issue, right? Is anyone here using indicators only for exit and not stated stops/limits??? I'm beginning to wonder if Matrix and I are the only ones using the ea...well, I know Glen is...Glen, HELP!!!
That's strange Wolfe because SuperNovaEA handles only its own trade by using magicnumber while your manual trade comes withouth any magicnumber so imho they don't interfere in any way with exit EA routine.
Is anyone having the same issue ?

Skyline
  • #2,304
  • Oct 30, 2007 10:30am Oct 30, 2007 10:30am
Quoting skyline
That's strange Wolfe because SuperNovaEA handles only its own trade by using magicnumber while your manual trade comes withouth any magicnumber so imho they don't interfere in any way with exit EA routine.
Is anyone having the same issue ?

Skyline
I think there may be something to what wolfe is saying.

I am using the Glen 1.3a EA on 6 pairs with a 15m TF. I noticed I had 14 trades open, some more than 3 weeks old ! I realize 1.3a hasn't been out that long but I always use the current one.

Since I started using a TP of 34 and SL and TS of 17 (as someone suggested...I don't remember who), trades are closing based on those values. Exit set for QQE, DMI.
  • #2,305
  • Oct 30, 2007 10:58am Oct 30, 2007 10:58am
Quoting orion70
I think there may be something to what wolfe is saying.

I am using the Glen 1.3a EA on 6 pairs with a 15m TF. I noticed I had 14 trades open, some more than 3 weeks old ! I realize 1.3a hasn't been out that long but I always use the current one.

Since I started using a TP of 34 and SL and TS of 17 (as someone suggested...I don't remember who), trades are closing based on those values. Exit set for QQE, DMI.
Hi Orion!

Seems that some of the trades were left behind after switching the EA versions. But there seems to be a more general problem with closing the trades! Maybe Sky can look into that while coding the newest version with all the nice gimmicks inside. I really believe that may be the final version.

You state above that you are trading 6 pairs on 15M. It still amazes me, that you and finnfx and many more are successful trading the smaller TFs with the EA. I feel more comfortable trading manually there until now. Your 6 pairs will have a different Average True Range from each other. Wouldn't it pay out if you would try and find out individual TP/SL/TS for each?

Maybe GBPJPY would even look nice with a TP at 50 and a SL of 20-25, while EURJPY may easily cover 40-45 pips and so on. I am trying the settings for the managetp right now and it seems to work fine, when you are defining individual targets for each pair.

Just a thought though ... : If it works just fine - no need to change!

Greetz!
Gnat

ROTFL... NOW HE'S GONE!!
  • #2,306
  • Oct 30, 2007 11:03am Oct 30, 2007 11:03am
Quoting orion70
I think there may be something to what wolfe is saying.

I am using the Glen 1.3a EA on 6 pairs with a 15m TF. I noticed I had 14 trades open, some more than 3 weeks old ! I realize 1.3a hasn't been out that long but I always use the current one.

Since I started using a TP of 34 and SL and TS of 17 (as someone suggested...I don't remember who), trades are closing based on those values. Exit set for QQE, DMI.
Ohh so are you saying that the problem is when you set TP,SL and TS ? I understand from WolfeMan that he's putting limit pending orders manually , maybe I misunderstand his words ?
  • #2,307
  • Oct 30, 2007 11:08am Oct 30, 2007 11:08am
Quoting skyline
Ohh so are you saying that the problem is when you set TP,SL and TS ? I understand from WolfeMan that he's putting limit pending orders manually , maybe I misunderstand his words ?
Hi Sky!

I guess he is saying, that eversince he started to set TP/SL/TS he is not facing the problems any longer. The trades just do not seem to stop on the EXIT switches like QQE + DMI.

Greetz!
Gnat
  • #2,308
  • Oct 30, 2007 11:18am Oct 30, 2007 11:18am
Quoting Gnat
Hi Sky!

I guess he is saying, that eversince he started to set TP/SL/TS he is not facing the problems any longer. The trades just do not seem to stop on the EXIT switches like QQE + DMI.

Greetz!
Gnat
Hi Gnat
ohh ok yes now I get it , thank you
I'll investigate about possible errors in code..

Happy pips
  • #2,309
  • Oct 30, 2007 11:41am Oct 30, 2007 11:41am
Quoting winsteadglenn
Next version almost ready. Juice and ParabolicSAR ready.
Alternate TF for exit ready.
QQEA with sound on entry done
Laguerre will be included as an optional indicator for entry and exit.
IF this puppy works, I think we are done.

Wolfy: I have asked Sky about your post today. Look for him to reply soon. I am turning off SL and TS, to see what happens.
I have moved my CCI exits to 114 threshold. I think this will save a lot of pips.
T3 entry on; CCI entry off; exit on everything.
Adding parabolic dots for entry will stop some of those annoying very late entries.
Jin reports that Juice senses the market volatility and self-adjusts. Very cool.
With Laguerre, we might be able to scalp the five min. window, while we sleep.
Thanks, Glen I'll be interested in hearing your results withou SL & TP... if it turns out there is an error, I would imagine that it's a simple fix. The upcoming EA sounds like everything we need! Can't wait to check it out
  • #2,310
  • Oct 30, 2007 11:52am Oct 30, 2007 11:52am
Quoting Gnat
Hi Sky!

I guess he is saying, that eversince he started to set TP/SL/TS he is not facing the problems any longer. The trades just do not seem to stop on the EXIT switches like QQE + DMI.

Greetz!
Gnat
Yea- Gnats got it right. If I try to run "dot to dot"- I get no exits. When I add SL and TP it will close when that number is reached.

I noticed this when I tried tightening my SL and TP just wanting to see some profit with 50 pip TP and smaller stops. All of a sudden I'm making some good pips., but all closed trades were either at profit limit or stop.
  • #2,311
  • Oct 30, 2007 11:58am Oct 30, 2007 11:58am
Quoting wolfeman
Yea- Gnats got it right. If I try to run "dot to dot"- I get no exits. When I add SL and TP it will close when that number is reached.

I noticed this when I tried tightening my SL and TP just wanting to see some profit with 50 pip TP and smaller stops. All of a sudden I'm making some good pips., but all closed trades were either at profit limit or stop.
Ok Wolfe I see now. There's definitelly something wrong in your settings since I never experience something like in backtested nor in live demo.
Are you sure to use correct QQE indicator ? (correct one is QQE.mq4)
Is the QQE_SF value parameter the same as SmoothingFactor value in QQE.mq4 indicator ? (usually it's set to 1)
  • #2,312
  • Oct 30, 2007 12:55pm Oct 30, 2007 12:55pm
I came across this thread and read every post (the journal as well). I am amazed at the effort and quality of the system that so many people created. I do not like to trade a demo account as it take out of the equation the greed and fear factor so I did trade live account but with small amount (4 mini) and the results are superb.
I traded manually and want to thanks so many people for the system they created.
I never used MT4 before so I do have problem to execute the EA. All the indicators from page one are in the correct directory but the EA (I am using supernove v2) is nit smiling at me. Can anyone advice where to start to look what is missing and what I do wrong?
Again thanks to all and good trading to all of you
  • #2,313
  • Oct 30, 2007 1:04pm Oct 30, 2007 1:04pm
Quoting amiw
I came across this thread and read every post (the journal as well). I am amazed at the effort and quality of the system that so many people created. I do not like to trade a demo account as it take out of the equation the greed and fear factor so I did trade live account but with small amount (4 mini) and the results are superb.
I traded manually and want to thanks so many people for the system they created.
I never used MT4 before so I do have problem to execute the EA. All the indicators from page one are in the correct directory but the EA (I am using supernove v2) is nit smiling at me. Can anyone advice where to start to look what is missing and what I do wrong?
Again thanks to all and good trading to all of you
Did you check the box "allow live trading" under EA properties? That's usually the reason. It seems everyone overlooks that one initially.
  • #2,314
  • Oct 30, 2007 1:09pm Oct 30, 2007 1:09pm
Quoting amiw
I came across this thread and read every post (the journal as well). I am amazed at the effort and quality of the system that so many people created. I do not like to trade a demo account as it take out of the equation the greed and fear factor so I did trade live account but with small amount (4 mini) and the results are superb.
I traded manually and want to thanks so many people for the system they created.
I never used MT4 before so I do have problem to execute the EA. All the indicators from page one are in the correct directory but the EA (I am using supernove v2) is nit smiling at me. Can anyone advice where to start to look what is missing and what I do wrong?
Again thanks to all and good trading to all of you
maybe this will help
Attached File(s)
File Type: pdf How_to_set_up_an_Automated_Forex_Trading_Terminal_on_Your_Home_Computer.pdf   386 KB | 1,599 downloads
  • #2,315
  • Oct 30, 2007 1:18pm Oct 30, 2007 1:18pm
Wolfeman you did the magic how nice it is when you know what to do *S*
Cryten I will read the document
That to both of you for the help
  • #2,316
  • Oct 30, 2007 1:21pm Oct 30, 2007 1:21pm
Quoting amiw
Wolfeman you did the magic how nice it is when you know what to do *S*
Cryten I will read the document
That to both of you for the help
Welcome to the show amiw and hopefully you will have no further problems with the EA. If you have problems to use the settings from the Qpip-tableau, just let us know!

Greetz!
Gnat
  • #2,317
  • Edited 1:32pm Oct 30, 2007 1:21pm | Edited 1:32pm
Quoting skyline
Ok Wolfe I see now. There's definitelly something wrong in your settings since I never experience something like in backtested nor in live demo.
Are you sure to use correct QQE indicator ? (correct one is QQE.mq4)
Is the QQE_SF value parameter the same as SmoothingFactor value in QQE.mq4 indicator ? (usually it's set to 1)
Once again, the people (or persons) who really know their stuff come to the rescue of us noobs!

Skye you nailed it. When I updated my templates a while ago (when the system changed from dots to arrows) I wasn't getting the QQE alert sounds anymore. I tried all the normal things to make it work, but got no sounds. I need to hear the alerts, so I can leave the room with the volume up and get back when I need to trade. Soooo, I changed the alert back to ##QQE alert MTF v2## so I could hear it! My apologies for sending you on a wild goose chase

Which brings me to a question that went unanswered back then... If all the indi's are in the correct folders, with the current template, can I expect to hear the QQE alert sounds? Because with all the things I tried, I wasn't getting them before. BTW the QQE MT4 you wrote, was indeed on the platfrom at the time...

Many thanks sky, orion
  • #2,318
  • Oct 30, 2007 1:29pm Oct 30, 2007 1:29pm
Quoting Gnat
Wolfeman ... I guess there are many more using the EA. Looking at the download numbers there may be more than 20. I have been using it last week and it worked. But Glenn is the better reference here!
Kinda funny gnat. I had a bunch of EA questions for Glen, and he said I should talk to you!

I''ll set up a whole new platform and work with it for a while before I bother you guys again. I'll just lurk in the background and absorb your wisdom from afar.

Thanks dude.....
  • #2,319
  • Oct 30, 2007 1:30pm Oct 30, 2007 1:30pm
Quoting wolfeman
Kinda funny gnat. I had a bunch of EA questions for Glen, and he said I should talk to you!

I''ll set up a whole new platform and work with it for a while before I bother you guys again. I'll just lurk in the background and absorb your wisdom.

Thanks dude.....
  • #2,320
  • Oct 30, 2007 1:35pm Oct 30, 2007 1:35pm
Good evening!

My QQEA with PSAR gave today first -1 pips, then +132, which would have been smaller but firewall somehow blocked MT to move SAR-stop (to +100) so I was lucky there because price kept going up later. I noticed that later and I closed trade manually at +132. I did let EA run but it didn't take any new trades. So I took one short myself (I was late) and closed it after it hit -37 pips Good luck with closing because the rest of the day would have killed me on 5M. So only 5 hours of trading today with +94
In two days netprofit using 0.1lot is $190. Oh, and these are only on demo even though I was using word "banked" yesterday

- finnfx
If you want to win you need a Finn (an old English saying from the 60's)
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