Supernova GBP/JPY Mini Trend Catcher | Page 181 | Forex Factory

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Attachments: Supernova GBP/JPY Mini Trend Catcher
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Supernova GBP/JPY Mini Trend Catcher

  • #3,601
  • Dec 17, 2007 11:05am Dec 17, 2007 11:05am
Can those that are making money with the Supernova and the Trendchaser EAs post their settings? Or direct me to where the settings have been posted.
I am not sure which of the indicators has to be on true or false etc.. is there anywhere an explanation to each of the settings in the EAs?
Many thanks and happy trading
  • #3,602
  • Dec 17, 2007 11:33am Dec 17, 2007 11:33am
Quoting Richestonian
Can those that are making money with the Supernova and the Trendchaser EAs post their settings? Or direct me to where the settings have been posted.
I am not sure which of the indicators has to be on true or false etc.. is there anywhere an explanation to each of the settings in the EAs?
Many thanks and happy trading
Hi, well-cashed friend from Estonia!

The EAs from Trendchaser are discussed in his own thread:
http://www.forexfactory.com/showthread.php?t=56248
There are a lot of small details discussed, mainly between him and matrixebiz. So the default settings are standard setting for the GBPUSD. But you will learn all about it there and it is less long than this thread!

For all ... will change my avatar back to normal soon! Sorry for the hubbup!

Ciao
Gnat
  • #3,603
  • Dec 17, 2007 11:46am Dec 17, 2007 11:46am
Thanks
  • #3,604
  • Dec 17, 2007 1:53pm Dec 17, 2007 1:53pm
Hello and good trading to all ... I've just read the first 200 pages and my eyes hurts!!!... really a great adventure ... Hope to get soon ready to trade this way and to post my results, both manual and EA trades ,,,
see you soon
  • #3,605
  • Dec 17, 2007 1:57pm Dec 17, 2007 1:57pm
Quoting autaret
Hello and good trading to all ... I've just read the first 200 pages and my eyes hurts!!!... really a great adventure ... Hope to get soon ready to trade this way and to post my results, both manual and EA trades ,,,
see you soon
Hello Autaret!

And welcome to the show! There are still a few pages to cover, but it will be worth it, I hope!
For further reference there is the Supernova System Journal, but it is nearly as long as the thread and so may only be used for settings or data on the EA.

See you soon!
Greetings!
Gnat
  • #3,606
  • Dec 17, 2007 6:20pm Dec 17, 2007 6:20pm
Quoting f4mnect
Sure here it is

But I would love a version that I can change the inputs on. I'm running a diffrent DMI setting
Thanks F4mnect. I tried downloading the ea but I couldn't attach it to a chart. I tried to compile it but the code in it was all garbled so that may be the reason. The supernova version I'm using is supernovaea v.2[1].0 so don't know if they're comparable or not.
  • #3,607
  • Dec 17, 2007 11:12pm Dec 17, 2007 11:12pm
Quoting pipruler
Thanks F4mnect. I tried downloading the ea but I couldn't attach it to a chart. I tried to compile it but the code in it was all garbled so that may be the reason. The supernova version I'm using is supernovaea v.2[1].0 so don't know if they're comparable or not.
This is not a ea, just a regular indicator. I only trade manual
  • #3,608
  • Dec 18, 2007 1:53am Dec 18, 2007 1:53am
Hi All,

I will not be posting much here in the thread for awhile. No problem or anything - I just have some other projects I am working on right now. I sort of feel like I have pretty much gone over how I trade previously so if anyone is new to the thread and is curious - just go read over my posts.

I don't wanna feel like I am flossing a dead horse so I think that would be best. For those of you that are already in contact with me via skype - you can continue to contact me as before - no problem.

I am not really going to be trading until the new year anyway as I don't like the market action over the holiday period too much. I am taking a much needed break.

Hope all is well with you guys. I will drop by from time to time and try to make you laugh if nothing else.

Good trading to you all,

Dogstyling harmonica junkie
  • #3,609
  • Dec 18, 2007 4:34am Dec 18, 2007 4:34am
Hello people and thank you Gnat for the quick answer . I've read all the pages !!!

Here is my first Supernova "real money" trade on eur/jpy 15 min
entry time: 10:15

buy 1 mini @ 163.01 close 163.21 TP +20
buy 1 mini @ 163.03 close 163.06 BE +03 total +23 pips

my break even on the second was probably too hight and conservative ...

All indicators were OK, price above the level 163.00

My dubts are about indicator's setting that I use. Can you expert guys help me about that? They are:

QQEA the last version SF 5 RSI 14 DARFACTOR 4.236
QQE cross with arrows SF 1
DMI Smooth 5
MOMENTUM 10

I do trade eurjpn by now ... I'm still bit scared about the "beast" g/j, I had some past bad experience with it ...

Thank you in advance and good trading to all, I really like this thread

p.s. all times are in GMT+1 (italy)
  • #3,610
  • Dec 18, 2007 8:02am Dec 18, 2007 8:02am
Quoting autaret
Hello people and thank you Gnat for the quick answer . I've read all the pages !!!

Here is my first Supernova "real money" trade on eur/jpy 15 min
entry time: 10:15

buy 1 mini @ 163.01 close 163.21 TP +20
buy 1 mini @ 163.03 close 163.06 BE +03 total +23 pips

my break even on the second was probably too hight and conservative ...

All indicators were OK, price above the level 163.00

My dubts are about indicator's setting that I use. Can you expert guys help me about that? They are:

QQEA the last version SF 5 RSI 14 DARFACTOR 4.236
QQE cross with arrows SF 1
DMI Smooth 5
MOMENTUM 10

I do trade eurjpn by now ... I'm still bit scared about the "beast" g/j, I had some past bad experience with it ...

Thank you in advance and good trading to all, I really like this thread

p.s. all times are in GMT+1 (italy)
Bene!
Ciao bello
  • #3,611
  • Edited 2:41pm Dec 18, 2007 9:37am | Edited 2:41pm
Quoting autaret
Hello people and thank you Gnat for the quick answer . I've read all the pages !!!

Here is my first Supernova "real money" trade on eur/jpy 15 min
entry time: 10:15

buy 1 mini @ 163.01 close 163.21 TP +20
buy 1 mini @ 163.03 close 163.06 BE +03 total +23 pips

my break even on the second was probably too hight and conservative ...

All indicators were OK, price above the level 163.00

My dubts are about indicator's setting that I use. Can you expert guys help me about that? They are:

QQEA the last version SF 5 RSI 14 DARFACTOR 4.236
QQE cross with arrows SF 1
DMI Smooth 5
MOMENTUM 10

I do trade eurjpn by now ... I'm still bit scared about the "beast" g/j, I had some past bad experience with it ...

Thank you in advance and good trading to all, I really like this thread

p.s. all times are in GMT+1 (italy)
Hello Autaret!

On the 15M you may want to check with a chart that NOFX uses for his manual trades on the GBPJPY. They will also work on EURJPY. If you use the QQEA as an exit, you may wanna try SF=1, RSI=14, Darfactor = 3. Gives you an edge on longer timeframes for sure, but is more reactive anytime.

Otherwise congratulation on your first successful trade and also on reading your eyes sore!!

Good Trading!
GMatt
  • #3,612
  • Dec 18, 2007 9:57am Dec 18, 2007 9:57am
Quoting f4mnect
This is not a ea, just a regular indicator. I only trade manual
Thanks F4mnect. I've now changed it to the indicator files. However, all I get is yellow and not the red and green colors (see attachment) so is there something that I'm missing? Also, do you change the paramenters in the input tab when to change to different timeframes? Sorry for all the questions but I would really like to get this indicator to work! Thanks for all your help.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.gif Size: 13 KB
  • #3,613
  • Dec 18, 2007 12:52pm Dec 18, 2007 12:52pm
Quoting Gnat
Hello Autaret!

On the 15M you may want to check with a chart that NOFX uses for his manual trades on the GBPJPY. They will also work on EURJPY. If you use the QQEA as an exit, you may wann tryi SF=1, RSI=14, Darfactor = 3. Gives you an edge on longer timeframes for sure, but is more reactive anytime.

Otherwise congratulation on your first successful trade and also on reading your eyes sore!!

Good Trading!
GMatt
I did the job and now my MT4 platform look like the Nofx one and TY for your precious suggestions ... I have other questions to formulate but i want to be sure the answers are not posted already ... I'm re-reading all the Nofx's posts and fixing the alarms ... hmmm I really enjoy this system!!!
My first though about Supernova: it's nice and powerfull, just you need to be prudent and smart to handle the fake signals when they occour (and if possible avoid them. is not as matter of indicators, is ... trader's experience ...)
bye for now
... e ciao agli italiani presenti nel forum
  • #3,614
  • Dec 18, 2007 2:25pm Dec 18, 2007 2:25pm
Quoting autaret
I did the job and now my MT4 platform look like the Nofx one and TY for your precious suggestions ... I have other questions to formulate but i want to be sure the answers are not posted already ... I'm re-reading all the Nofx's posts and fixing the alarms ... hmmm I really enjoy this system!!!
My first though about Supernova: it's nice and powerfull, just you need to be prudent and smart to handle the fake signals when they occour (and if possible avoid them. is not as matter of indicators, is ... trader's experience ...)
bye for now
... e ciao agli italiani presenti nel forum
Nice job man! I wish you continued success.

NOFX
  • #3,615
  • Dec 18, 2007 2:59pm Dec 18, 2007 2:59pm
Rick Myers is going to take a look at the code. Keep it on the shelf, for a while. Glenn
  • #3,616
  • Dec 18, 2007 3:34pm Dec 18, 2007 3:34pm
Quoting Nofx
Nice job man! I wish you continued success.

NOFX
Salve Mr. Nofx ,,, thank you!
I think that reading your posts and studying your charts is the most evaluable "class" in forex I ever took.

You have the great skill to make things simple!!!

I like your trading style and to have such a mentor here is a great present for all us "newbies" . I just hope soon to be helping for other people as you are.
I decided trade eurjpy 15 min by now (with a glance on eurusd and usdjpy behaviour). Du you have any special "clue" to trade it? it seem less volatile (not always) than g/j. What time do you think is better during the week for working on that pair?
Thank you in advance ...
  • #3,617
  • Dec 18, 2007 7:37pm Dec 18, 2007 7:37pm
Quoting autaret
Salve Mr. Nofx ,,, thank you!
I think that reading your posts and studying your charts is the most evaluable "class" in forex I ever took.

You have the great skill to make things simple!!!

I like your trading style and to have such a mentor here is a great present for all us "newbies" . I just hope soon to be helping for other people as you are.
I decided trade eurjpy 15 min by now (with a glance on eurusd and usdjpy behaviour). Du you have any special "clue" to trade it? it seem less volatile (not always) than g/j. What time do you think is better during the week for working on that pair?
Thank you in advance ...
Ah yes - I want to thank you for the compliment. To be perfectly honest I still consider myself to be a newbie as well. I have only been trading for 3 years.

True, the eur/jpy is less volatile. I will be truthful and tell you that I have never traded that pair with this system. I only trade the G/Y. I will say that in my opinion the best time to trade the eur/jpy is from Asian open to London close. This is not a big revelation on my part - simply that the jpy is an Asian currency and the gbp is a London currency. Also London session is the best to trade most pairs no matter which one simply for liquidity and volume sake.

Hope this helps and I am glad you found my posts useful - it puts a big smile on my face. And I also want to thank you for taking the time to read through the thread before asking questions - I know it is a huge task but I think well worth the effort. You will do well if you apply the same energy in your trading.

Be patient. Recognize bad trades and stay away. Good money management - don't over trade your account.

I wish you the best. Let us all know how you are doing!

NOFX
  • #3,618
  • Dec 18, 2007 11:15pm Dec 18, 2007 11:15pm
Quoting winsteadglenn
Rick Myers is going to take a look at the code. Keep it on the shelf, for a while. Glenn
Thanks for the update Glen....
  • #3,619
  • Dec 19, 2007 4:50am Dec 19, 2007 4:50am
Quoting winsteadglenn
Rick Myers is going to take a look at the code. Keep it on the shelf, for a while. Glenn
Hey Glenn!

That sounds really nice! We will wait patiently here ! Thank you for the continued effort and I hope the snow has not yet reached the roof.

Greetings!
Matt
  • #3,620
  • Dec 19, 2007 4:55am Dec 19, 2007 4:55am
Quoting wolfeman
Thanks for the update Glen....
Moin, Wolfster!

I looked at your chart in the journal and until now have found no clue, why that idiotic trade was taken. Maybe you should modify your settings, but I doubt that this is really the problem. Maybe a fresh chart and setup will do the job, as this order was executed way too late and out of no apparent reason.

Let me know, whether you have fixed it by now! And is the version you use the very first one?

Greetz!
GMattster
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