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Is this a good system?

  • #1
  • First Post: Dec 27, 2007 1:24am Dec 27, 2007 1:24am
I think I have found a good system but I'm not sure. There is a picture of it at http://www.pix8.net/pro/pic.php?u=24349UEHCk&i=1065753

There isn't really anything to explain, because it is very easy to see the rules of the system at the picture. Do you think that this system is working, and how long do you think it will take to write an ea with these rules? I know nothing about programming.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #2
  • Dec 27, 2007 1:29am Dec 27, 2007 1:29am
looks like a psychedelic pizza to me. I'm a great believer in KISS so this looks to fly in the face of that philosophy. However, like with most systems, success lies in the discipline with which it is executed, so, go crazy!
TRADE FOR SWAP
  • #3
  • Dec 27, 2007 1:49am Dec 27, 2007 1:49am
This is the SPOUTNIK-H1-V1.1 System. The program EA has some flaws which is currently being worked on but the system works nicely as a manual trade.

I will attach rules to this system and see if I can obtain approval for this system to be shared.

Here are the rules: (written by owner)

SPOUTNIK-H1-V1.1

Time frame : H1
indicators used : fisher 55+ flat trend H1 + macd 12.26.9
indicators optional : ultra trend , ema 15 and ema 40, MA CrossOver Signal 15-40 , flat trend 30 min
working hours : euros, chf, gbp : 7 -12OO GMT time and 1500 till 1800 GMT TIME
working hours : yen : 0100 AM -1500 GMT time
RULES :

Entry Long position rules :

open trade when first bar from fisher in H1 and flat trend in H1 are GREEN COLOR
SL :50
TP : open
trailing stop: 50
exit : when both bar fisher+ flat trend are becoming RED COLOUR
then Close and reverse
Entry short position rules :
open trade when first bar from fisher in H1 and flat trend in H1 are becoming RED COLOR
SL :50
TP : open
trailing stop: 50
exit : when both bar fisher+ flat trend are green COLOR
then close and reverse

EXPERT ADIVSOR SPOUTNIK-H1-V1.1 -tech data in order to develope an expert advisor (EA)
Lots : 1
Maximum lots : 2
TP : 50
SL : 30
TS : 30
Money management
Start hour H1
End hour H1
Start hour H2
End hour H2
  • #4
  • Dec 27, 2007 1:53am Dec 27, 2007 1:53am
Quoting cgldsmth
looks like a psychedelic pizza to me. I'm a great believer in KISS so this looks to fly in the face of that philosophy. However, like with most systems, success lies in the discipline with which it is executed, so, go crazy!
It is simple even though it doesn't seem to be. Here is how to enter a trade

Long
Both flat trend indicators has to be green.
The fisher indicator has to be green.
Stoch: The lines should be in this order from bottom to top: yellow, green, red, purple.

The opposite for short positions.

It's not me who have made the chart so I don't know why the other indicators are there. As you can see on the chart, every time a trade is closed another trade is being opened in the opposite direction so with this system you will allways be in the market.

Is it easy to learn mql programming? I would like to have this system as an expert advisor.
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #5
  • Dec 27, 2007 1:54am Dec 27, 2007 1:54am
Hehe. I was too slow
If slaughterhouses had glass walls, everyone would be a vegetarian!
  • #6
  • Dec 27, 2007 1:57am Dec 27, 2007 1:57am
Quoting Gambler180
Hehe. I was too slow
It is a good system. Works with EUR/USD, USD/JPY, GBP/USD and USD/CHF.

I apologize Gambler, I did not mean to take this over.
  • #7
  • Edited 2:30am Dec 27, 2007 2:04am | Edited 2:30am
Here is a current view of the GBP/USD and EUR/USD 1 hour chart. I do not currently trade this system but I am testing it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPUSD.png Size: 41 KB
Click to Enlarge Name: EURUSD 1.png Size: 41 KB
  • #8
  • Dec 27, 2007 2:16am Dec 27, 2007 2:16am
I dont know how it is possible to trade with such chart :-/ What a mess...

I cant for sure. The more indicator you have on a chart, the more disturbance you have...
  • #9
  • Dec 27, 2007 2:27am Dec 27, 2007 2:27am
Quoting melpheos
I dont know how it is possible to trade with such chart :-/ What a mess...

I cant for sure. The more indicator you have on a chart, the more disturbance you have...
I trade three systems and the above is not one of them. I like my MT4 to be simple. Now, my ESignal is a screen that gives the word, clutter, a new definition. The system took me one week to fully understand. When it came all together, this is one POWERFUL TRADING SYSTEM.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: My MT4.png Size: 25 KB
Click to Enlarge Name: ESignal.png Size: 41 KB
  • #10
  • Dec 28, 2007 12:37am Dec 28, 2007 12:37am
Quoting WHTenn
I trade three systems and the above is not one of them. I like my MT4 to be simple. Now, my ESignal is a screen that gives the word, clutter, a new definition. The system took me one week to fully understand. When it came all together, this is one POWERFUL TRADING SYSTEM.
Hello
Could you please explain this Esignal system more?
  • #11
  • Dec 28, 2007 12:44am Dec 28, 2007 12:44am
Quoting stace
Hello
Could you please explain this Esignal system more?

Send me a PM when you get a chance and I will be glad to send you more infomation.

Happy New Year
  • #12
  • Dec 28, 2007 1:50am Dec 28, 2007 1:50am
Quoting WHTenn
Send me a PM when you get a chance and I will be glad to send you more infomation.

Happy New Year
I pm you dude
  • #13
  • Dec 28, 2007 2:01am Dec 28, 2007 2:01am
  •  w_z
  • | Joined Dec 2007 | Status: hand over them pips | 61 Posts
i'm with Bender (aka cgldsmth) on this one. i don't like complicated systems

however, props to whtenn and anyone else who can understand it
  • #14
  • Dec 28, 2007 4:18am Dec 28, 2007 4:18am
Quoting w_z
i'm with Bender (aka cgldsmth) on this one. i don't like complicated systems

however, props to whtenn and anyone else who can understand it
I was showing one of many of my charts, this one looked the most complicated. I have many ESignal charts that are simple to understand. The system is fantastic.

Wish you a Prosperous New Year Bender
  • #15
  • Dec 28, 2007 6:28am Dec 28, 2007 6:28am
Quoting WHTenn
Send me a PM when you get a chance and I will be glad to send you more infomation.

Happy New Year
hi mate
ur chart looks interesting and easy to follow.

good luck
  • #16
  • Dec 28, 2007 6:29am Dec 28, 2007 6:29am
Quoting WHTenn
I was showing one of many of my charts, this one looked the most complicated. I have many ESignal charts that are simple to understand. The system is fantastic.

Wish you a Prosperous New Year Bender
bro i dont see your answer
  • #17
  • Dec 28, 2007 6:36am Dec 28, 2007 6:36am
Are the template and all posted somewhere?
  • #18
  • Dec 28, 2007 10:52pm Dec 28, 2007 10:52pm
Quoting stace
bro i dont see your answer
Hi Stace

I apologize for the delay. I was obtaining permission from the website whereas I can obtain passwords for you and others to check out the classes for free for a week. Please check your email... and/or pm.

If anyone else wants a sneak preview of the system for a week, send me your email address and name and I will give you a password to enter.

This is not my site nor am I affiliated other than being a member. These are excellent ESignal charts and indicators.

Happy New Year's Stace
  • #19
  • Dec 29, 2007 12:50am Dec 29, 2007 12:50am
Quoting WHTenn
Now, my ESignal is a screen that gives the word, clutter, a new definition. The system took me one week to fully understand. When it came all together, this is one POWERFUL TRADING SYSTEM.
Now I'm just gonna take your word for that..... man gives me vertigo just looking at it.
Same Whore .... Different Dress
  • #20
  • Dec 29, 2007 2:28am Dec 29, 2007 2:28am
Quoting Gambler180
http://www.pix8.net/pro/pic.php?u=24349UEHCk&i=1065753
Oh my God, and I thought my system was was too screen-cluttered.

LOL, haven't all these new million indicator systems proven that profitability is inversely proportional to no. of indicators on chart?
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