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Supernova GBP/JPY Mini Trend Catcher

  • #2,881
  • Nov 15, 2007 5:39am Nov 15, 2007 5:39am
Quoting Nofx
Gnat,

Yes well I took an extensive nap earlier today in anticipation of the London session. I also closed out a short trade about half an hour ago for a nice little 140 pip trade so that was a nice frosting on the cake. I will probably be heading for the BAD in a half hour or so but actually am not feeling too sleep deprived as of yet.

Thanks for showing up!

Dogster
Cool - not BED for a Demotrader!! (BED ... right!)
OK - I will stop bugging you for too little sleep then! Hang on, Doggy, hang on!! Hihi!
Well at one point I had to get here... Just wanted you to complete 20 posts a day!

EDIT: Just for the record - Nofx is trading real money and on a real account and the USD is not yet fake money!!
  • #2,882
  • Nov 15, 2007 5:41am Nov 15, 2007 5:41am
Quoting stace

really fun heheeee

basically i am doing some better man.
i added some indicators to my system from this supernova well. today cought about 500 pips on 4 pairs
Wow! Amazing Stani!!
Not bad for a first full day on this system.
But there will be other days also, so keep a keen eye on the market and you will get your $$ back and more!
Happy that you instantly had success!

Ciao
Gnat
  • #2,883
  • Nov 15, 2007 5:43am Nov 15, 2007 5:43am
Quoting Gnat
Before I forget it...

You feel that a second DMI with "5" is good for timely entries on the 15M TF? This sounds interesting, as I think that especially DMI and MOM settings are possibly much more bound to the TF they are used in. Some testing showed elevated results with the EA and I guess the manual side is ever more reactive. Maybe as time goes by there may be DMI's for 30M and 1H too, completely different from each other. But we should also not try to curvefit this too much. But DMI 5 for 15M sounds really catching.
Do you do this on all pairs or are you just concentrating on the Guppy at this point? And you can always answer tomorrow ... you need sleep!!

Gnatster,

I only trade the Guppy and only the 15 min time frame. I suppose this would work in some capacity with other pairs and various settings for different time frames. It is certainly worth exploring! I only have experience with this particular setting however. Maybe something for you EA experts to play with. BTW we need to get together at some point for some rudimentary instruction on EA usage - lol.

Talk soon,

Dogstyler
  • #2,884
  • Nov 15, 2007 5:43am Nov 15, 2007 5:43am
Quoting Nofx
Hi Alby!

I don't think there is a specific answer to your question on stop loss and take profit points. I normally try to put my stop loss behind the T3. This does not always work well with money management however as you will notice if you look at the chart. In this case, I put my stop behind the last candle's high. I also use S/R lines from the 4hr chart as well as daily pivots - these I also use for exit points or clues to when I might close a partial position.

Hope this helps - sorry I could not be more specific but a lot of trading is just gaining a feel for the market and trusting your instincts at critical levels.

NOFX

Ok thanks Nofx.
It must make experience. however task that in order to define the take profit, ideal on the levels pivot.. in my opinion ..

and do you trade , G\J , G\U , E\J , E\U ??
  • #2,885
  • Nov 15, 2007 5:50am Nov 15, 2007 5:50am
Quoting Gnat
Wow! Amazing Stani!!
Not bad for a first full day on this system.
But there will be other days also, so keep a keen eye on the market and you will get your $$ back and more!
Happy that you instantly had success!

Ciao
Gnat
I hope I hope.
CMSFX scammers.
Well now i have mix of my system and hereby system.
I suppose they dont want give my 250 left money to me.
I was hacked my account hacked from some African IP and they still say it is my fault.
  • #2,886
  • Nov 15, 2007 5:53am Nov 15, 2007 5:53am
Quoting AlbyM
Ok thanks Nofx.
It must make experience. however task that in order to define the take profit, ideal on the levels pivot.. in my opinion ..

and do you trade , G\J , G\U , E\J , E\U ??

I only trade GBP/JPY.

Have a good one,

NOFX
  • #2,887
  • Nov 15, 2007 5:58am Nov 15, 2007 5:58am
Quoting Nofx
Gnatster,

I only trade the Guppy and only the 15 min time frame. I suppose this would work in some capacity with other pairs and various settings for different time frames. It is certainly worth exploring! I only have experience with this particular setting however. Maybe something for you EA experts to play with. BTW we need to get together at some point for some rudimentary instruction on EA usage - lol.

Talk soon,

Dogstyler
Dogstyler ... so nice!

You are right to stick to one pair most of the time and the Guppy is really the one with the biggest potential. Maybe you could trade EURJPY on longer TFs and just place an order every now and then to leave it for a day or two. But no time for more on 15M I understand.
I hope to get some more time to really trade regularly on the manual side. Somehow I have too many duties it seems.

Gnamatma
  • #2,888
  • Nov 15, 2007 6:00am Nov 15, 2007 6:00am
Lunch, brb!
  • #2,889
  • Nov 15, 2007 6:03am Nov 15, 2007 6:03am
Quoting Gnat
Dogstyler ... so nice!

You are right to stick to one pair most of the time and the Guppy is really the one with the biggest potential. Maybe you could trade EURJPY on longer TFs and just place an order every now and then to leave it for a day or two. But no time for more on 15M I understand.
I hope to get some more time to really trade regularly on the manual side. Somehow I have too many duties it seems.

Gnamatma
Well I may branch out and try something like you suggest ie EUR/JPY on larger time frame. For now the GBP/JPY is providing me with enough pips for even my darkest and most greedy side - LOL! I really must be off to bed now - I will check back in a few hours to see how you are holding up my friend.

Gnight,

Dogdog
  • #2,890
  • Nov 15, 2007 6:23am Nov 15, 2007 6:23am
Quoting Nofx
Well I may branch out and try something like you suggest ie EUR/JPY on larger time frame. For now the GBP/JPY is providing me with enough pips for even my darkest and most greedy side - LOL! I really must be off to bed now - I will check back in a few hours to see how you are holding up my friend.

Gnight,

Dogdog
G'Night!! May the Eggs leave you alone for quite a while!
  • #2,891
  • Nov 15, 2007 6:33am Nov 15, 2007 6:33am
Hi Nofx sorry if i stress you .. hihih
What do you think to move stop loss to the B\E when the trade is up for example 40-50 pips, and to take part of the profit...?
I am making of supposition for trading with this method, with a good money management.. what do you think ?
  • #2,892
  • Nov 15, 2007 6:37am Nov 15, 2007 6:37am
Quoting AlbyM
Hi Nofx sorry is i stress you .. hihih
What do you think to move stop loss to the B\E when the trade is up for example 40-50 pips, and to take part of the profit...?
I am making of supposition for trading with this method, with a good money management.. what do you think ?
Hallo Alby!

Nofx has gone to bed now. He is normally taking parts of his profit after 20 pips (30-50% of the lotsize) and moves his stop to breakeven. Then he decides based on the momentum of the move to scale out with the rest of the lots in 1 or 2 further increments, sometimes holding on to the trade for 100+ pips. He then moves his stops every now and then to secure the pips.

Greetz!
Gnat
  • #2,893
  • Edited 8:48am Nov 15, 2007 6:49am | Edited 8:48am
Why are trades not being initiated ????? See pic.
QQE, CCI and Momentum are ready to go (See vertical line).

Thanks

EDIT: Ok, well if no one knows why it shouldn't of traded then let me know that it should have then I'll change EA's
Attached Image (click to enlarge)
Click to Enlarge Name: No Trading.JPG Size: 104 KB
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,894
  • Nov 15, 2007 7:09am Nov 15, 2007 7:09am
What do you think if we consider still the breakout S\R recent..
For another confirm..

look this example ..
Attached Image (click to enlarge)
Click to Enlarge Name: supenov.JPG Size: 72 KB
  • #2,895
  • Nov 15, 2007 9:32am Nov 15, 2007 9:32am
Hmmmm, I just had the EA work on a trade. Not sure why the others didn't.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,896
  • Nov 15, 2007 1:07pm Nov 15, 2007 1:07pm
Matrix:

V 1.5 has bugs. Drop back to 1.4,
which is firing if you do NOT use Damiani, Juice, Laguerre.
Sky will come out of hibernation soon to fix our bot.
I saw you prowling in Bluto country. Nice stuff over there.


Glenn
  • #2,897
  • Nov 15, 2007 1:24pm Nov 15, 2007 1:24pm
Quoting winsteadglenn
Matrix:

V 1.5 has bugs. Drop back to 1.4,
which is firing if you do NOT use Damiani, Juice, Laguerre.
Sky will come out of hibernation soon to fix our bot.
I saw you prowling in Bluto country. Nice stuff over there.


Glenn
Hi Glenn, I am using v1.4. All I use is CCI, QQE and Momentum. I wish it would have an option to trade as soon as it closes one trade on a QQE cross, to open another trade right away.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #2,898
  • Nov 15, 2007 1:42pm Nov 15, 2007 1:42pm
Matrix:

I am using CCI for entry and exit, since it would not exit without the first.
I think this is another bug. When I use them both, the next entry is delayed until the CCI crosses the opposite 100 marker. Set up with these bare bones of indicators, it has been working OK on the lower TFs. Sky has been distracted by making a living for his girlfriend, but he promises to return on a white horse to conquer all problems. Maybe this weekend he will recover his energy. I noticed that if I watch the Expert folder while it is loading, and give it sufficient time, things go better. Then I reboot the system and check again to see if the changes I made have set properly. Sometimes they have not, to my surprise.
Glenn
  • #2,899
  • Nov 15, 2007 1:57pm Nov 15, 2007 1:57pm
Howdy all! I'm back here after a week or so away due to a computer crash...lost EVERYTHING!! So I got a new computer, and go to post #1 to download the zip file and there is no template.....Can someone post it please??? I haven't read this thread for about a week or so and was wondering if perhaps there is a new development on the super template or if it just was omitted from the last update??? I need the manual trade temp, I'll get to the EA later.
***Cryten, when you get a chance, could you check the zip on post#1?***THANKS!!
  • #2,900
  • Nov 15, 2007 2:02pm Nov 15, 2007 2:02pm
I LOVE supernova .. hihih
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY.JPG Size: 115 KB
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