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Trade the Slope System

  • #81
  • Dec 11, 2007 4:18am Dec 11, 2007 4:18am
I hate when that happens. Has anyone else used different settings? This is a great indicator have made some pips off it. I understand it is based off Hull's MA.
  • #82
  • Dec 12, 2007 7:17am Dec 12, 2007 7:17am
Dear Slope Traders,

Does anyone have thoughts about using the slope system in terms of MM with Aleksey's hybrids (look up 'Aleksey' on FF) and/or FXTradePro's martingale system?

Thanks,

Lenoxer
  • #83
  • Dec 12, 2007 7:38am Dec 12, 2007 7:38am
Hi EMAtrader

nice system and indicator, will look into implementing it in my method and post some charts for analysis here
  • #84
  • Dec 13, 2007 6:00pm Dec 13, 2007 6:00pm
Hello Traders,

I was wondering if anyone knows of an Audio Alert for the slope direction line indicator that would sound off when the line changes color. Or could some of you talented folks out there create such an indicator. This would allow us to monitor many pairs at once on the base time frame whether short term intraday trading or longer term trading. Best Holiday Wishes to all of you Thanks .....T-Wolf
  • #85
  • Dec 17, 2007 3:35am Dec 17, 2007 3:35am
Dear Slope Thread,

I've yet to do any testing whatsoever on this system but as a hedge fund manager used to great and costly amounts of trader error and the unending, all-too-rough approximations that pass for our judgments on market direction, I am impressed with the "good enough" aspects of this method: the jibing of multiple timeframes (which seems to me de rigeur with respect to technical trading) in a purely binary fashion: if the timeframes lines are red it's short; if white you're long. Put in your 100 point stop. Hang in there. As Einstein said, everything should be as simple as possible but no simpler. But, I do have one pesky question: does the slope system really work?

My best to everyone,

Lenoxer
  • #86
  • Dec 17, 2007 3:59am Dec 17, 2007 3:59am
I can honestly say I have been using this system for about 1.5 months on a live account. The results are great. I do not have specific pip gains or win/loss ratio, but the equity in my account has been consistently growing. The 100 SL on GBP/USD is not enough. I have moved onto other pairs currently EUR/CAD, which have been rough to trade with this system. I like this sytem because you are not staring at a screen all day. That's it. I will try to post my trades as I take them.
  • #87
  • Dec 17, 2007 5:52am Dec 17, 2007 5:52am
Here is slope direction line indicator with alerts, cheers.


Quoting thunderwolf
Hello Traders,

I was wondering if anyone knows of an Audio Alert for the slope direction line indicator that would sound off when the line changes color. Or could some of you talented folks out there create such an indicator. This would allow us to monitor many pairs at once on the base time frame whether short term intraday trading or longer term trading. Best Holiday Wishes to all of you Thanks .....T-Wolf
Attached File(s)
File Type: mq4 Slope Direction Line Alert.mq4   6 KB | 3,753 downloads
File Type: ex4 Slope Direction Line Alert.ex4   7 KB | 2,494 downloads
  • #88
  • Dec 17, 2007 2:37pm Dec 17, 2007 2:37pm
Quoting sivach
Here is slope direction line indicator with alerts, cheers.
Hello Sivach,

I want to thank you for taking the time to post the Slope Alert Indicator. I'm sure you're busy this time of the year so I really appreciate very much that you took the time to find and post this indicator. I wish you a very happy and healthy Christmas Holiday!! Again thank you so much....T-Wolf
  • #89
  • Dec 17, 2007 4:23pm Dec 17, 2007 4:23pm
Dear Ptournis,

I'd be most interested to hear about what you find works and doesn't work with this system. Thanks very much. Who else is using this method out there, what are your experiences, and how can it be improved?

Lenoxer
  • #90
  • Dec 17, 2007 9:36pm Dec 17, 2007 9:36pm
Hi Thunderwolf, Thanks for your kind words, really glad to be of help. I wish you also a very very happy Christmas and a victorious New Year. Good Luck and Best Wishes from my heart. Thank you. .


Quoting thunderwolf

Hello Sivach,

I want to thank you for taking the time to post the Slope Alert Indicator. I'm sure you're busy this time of the year so I really appreciate very much that you took the time to find and post this indicator. I wish you a very happy and healthy Christmas Holiday!! Again thank you so much....T-Wolf
  • #91
  • Dec 18, 2007 3:56am Dec 18, 2007 3:56am
Lenoxer,

I follow the system as written. I have only increased the SL on GBP/USD because I was getting stopped to too much. The indicator is based on Hull's MAs. This is why it is set to 80 (16 weeks). I thought about using a different number but why mess with something that is obviously working.

PT
  • #92
  • Dec 18, 2007 7:35am Dec 18, 2007 7:35am
has anyone scalped with the slope?
BK
  • #93
  • Dec 19, 2007 10:28am Dec 19, 2007 10:28am
Long EUR/GBP at .7194

Short AUD/USD at .8578

SL on both of 100.
  • #94
  • Dec 19, 2007 2:45pm Dec 19, 2007 2:45pm
Long EUR/AUD at 1.6744
  • #95
  • Dec 20, 2007 2:11pm Dec 20, 2007 2:11pm
Dear Ptournis,

10 PM GMT+3. OK, Big Guy, you're hanging in there on these trades. I'm following you and rooting for you. The best of luck. How long have you been trading the slope system and how arwe you doing?

My best,

Lenoxer
  • #96
  • Dec 20, 2007 6:11pm Dec 20, 2007 6:11pm
Short EUR/CAD at 1.4334
  • #97
  • Dec 21, 2007 3:32am Dec 21, 2007 3:32am
Stop was hit for the following position:

EUR/USD +200 (This was opened on 12/13/07)

AUD/USD -100

I have the following positions opened:

USD/JPY +160
USD/CHF +215
GBY/USD +315
EUR/AUD -160
EUR/CAD -11
  • #98
  • Dec 21, 2007 4:15am Dec 21, 2007 4:15am
Stop hit on

EUR/AUD -180
  • #99
  • Dec 21, 2007 6:23am Dec 21, 2007 6:23am
Dear Ptournis,

I've got you at +239 net. How do you catch trades when you're not around?

Thanks and have a great weekend.

Lenoxer
  • #100
  • Dec 21, 2007 8:24am Dec 21, 2007 8:24am
I am a little lucky. I can check once or twice a day at work. That's all I need.
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