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  • #1
  • First Post: Edited Sep 21, 2009 6:48pm Jan 10, 2008 5:33am | Edited Sep 21, 2009 6:48pm
b
  • #2
  • Jan 10, 2008 6:17am Jan 10, 2008 6:17am
Thanks for the post and for the indicators. I look forward to throwing these up and testing.

Question, what pairs have you tested besides the GBP/USD pair my friend?

BTW, welcome to the forum

(Reference poll, is it too late to include.... "Do you plan on joining Hair Club for Men?")
  • #3
  • Jan 10, 2008 6:29am Jan 10, 2008 6:29am
Hi,

...not sure about the hair-poll, haha...

My post is slightly besides the point since I don't use any indicators....but the VEGAS thing popped into my eye.

Apparently, he has disappeared from the face of the earth since last summer. I know a lot of people who trade(d) his stuff - 1h tunnel etc...and it has all gone sideways acc. to them, website not active anymore and no signal coming from subscription despite fee's paid.

Just curious, that's all - so if this disturbes this thread, please by all means, ignore my post.

regards
daytrading
Enter Signature
  • #4
  • Jan 10, 2008 6:34am Jan 10, 2008 6:34am
Hi daytrading, I remember when vegas made a big splash over at that "other" forum/site. All talking about how he's just giving info for free. Guess the sales pitch wasn't far behind,... and look at him now!! Cheers.
  • #5
  • Jan 10, 2008 7:10am Jan 10, 2008 7:10am
...thanks Price -

ok, let the good folks carry on with the intended topic.

regards
daytrading
Enter Signature
  • #6
  • Jan 10, 2008 7:24am Jan 10, 2008 7:24am
I don't know anything about him other than I like his tunnel indicator. It seems to be more accurate than the one I was using before. In my opinion anyone who considers paying for signals is in the wrong business.
  • #7
  • Jan 10, 2008 7:31am Jan 10, 2008 7:31am
Quoting inthenightsk
I've done a rough back-test on all the popular custom indicators and systems posted on this site and put together this template. Please let me know what you think. I don't remember where I found the LSAR indicator but it's one of the best by far, especially combined with EMA crossovers and tunnels for exit. I trade from the 15min chart with the hourly trend. This setup has been performing better than the Cowabunga system from Babypips over the past 30 days since I started it.
thanks for indicators, I cant seem to open the LSAR
can you repost using .mq instead of .ex?
thanks
  • #8
  • Jan 10, 2008 7:47am Jan 10, 2008 7:47am
Quoting inthenightsk
I don't know anything about him other than I like his tunnel indicator. It seems to be more accurate than the one I was using before. In my opinion anyone who considers paying for signals is in the wrong business.
Inthenightsk,

I didn't want to distract from the thread but just to clarify:

Vegas came a few years ago and flooded several forums with a free trading method "the 1 hour tunnel" (you might still be able to find the original thread in FF trading systems if you scroll back far enough) and developed it further into the "4hour tunnel" and then Vegas currency daily etc.

Many people have tried and used the original method successfully (I did a 6month live test with good results myself) until market behaviour/paradigms have shifted in such a way that the method became unprofitable in the longer term.

By then, Vegas had also built a website which hosted free additional and complimentary stuff as well a fee based signal service for people who didn't have the time/confidence/or else to pull the trigger themselves. (I don't belong to that category)

Only a few month back, I heard from "users" that the website had vanished and no one had seen him for a long time in any of the forums.....that's really the long and short of it.

Again, my apologies for cluttering your thread with it.

regards
daytrading
Enter Signature
  • #9
  • Jan 10, 2008 7:52am Jan 10, 2008 7:52am
I found out where I found it. In one of Imrain's threads. Thank you Imrain for this great indicator. I only have the .ex version and it's always worked for me. Try to convert it. Does it work for everyone else?
  • #10
  • Jan 11, 2008 9:08am Jan 11, 2008 9:08am
Hi there,

Do you have a PDF or explanation & rules of how your system works?

Thank you and have a great day.....T-Wolf
  • #11
  • Jan 11, 2008 9:57am Jan 11, 2008 9:57am
Quoting croesesFX
thanks for indicators, I cant seem to open the LSAR
can you repost using .mq instead of .ex?
thanks
Another question, what is LSAR 'L...... Stop and Reverse' ;-) ?
  • #12
  • Jan 11, 2008 10:13am Jan 11, 2008 10:13am
My system is quite self explanitory if you just go back test it a little it gives very good signals when everything lines up and not up against any barriers. About the "L"SAR. You will to ask Imrain about what it means since I believe he created that one.
  • #13
  • Jan 11, 2008 11:15am Jan 11, 2008 11:15am
Have you tried to experiment with the parameters of LSAR indicator or the default works the best? And for higher timeframes you would have to change the parameters, right? Do you happen to know which ones would be good for 4hr, 1hr, and daily?
Trax Tibidax Tibidox...
  • #14
  • Edited 11:36am Jan 11, 2008 11:31am | Edited 11:36am
Thanks so much for starting this thread and for Imran for creating the LSAR indicator.
I got it to work easily. Pull up your Navigator toolbar to the left of your screen, it should be in there and then just dragg it over the candles. Works like a charm. I think the SAR part stands for Stop And Reverse. Not sure what the L means.

I am testing LSAR now on the EurYen. I find that it does give a lot of good signals on the 1min. Look good so far.

Is there perhaps someone who can write an alarm for this one?
  • #15
  • Jan 11, 2008 5:58pm Jan 11, 2008 5:58pm
I've been using the LSAR on the 15 min chart and I've learned to trust it. It would be wonderful if someone could write an alarm for it. I have no idea how to program these things let alone even how to get the email set up in Meta. Does anyone know if you can get Meta to send to something like a Gmail address?

About the system to answer the other question. That tunnel indicator was written for the 1hr but it seems to be best on the 15min. I can't believe how much the candles find resistance along those lines the more I go back in the charts and look at it.
  • #16
  • Edited Jan 12, 2008 3:48pm Jan 11, 2008 6:37pm | Edited Jan 12, 2008 3:48pm
Quoting inthenightsk
I've been using the LSAR on the 15 min chart and I've learned to trust it. It would be wonderful if someone could write an alarm for it. I have no idea how to program these things let alone even how to get the email set up in Meta. Does anyone know if you can get Meta to send to something like a Gmail address?
...
Hi,

I think the MT4-LSAR is from my indicators thread:
http://www.forexfactory.com/showthread.php?t=53189

I don't know the origins of this indicator (may be Imran knows). The full name was MT4-LevelStop-Reverse-vB0-4 and I reduced the name to be MT4-LSAR (to make it small). I made it for use with my alert system, Chandra-SAS5 (Chandra-Signal Alert System5). You can get the compiled version of this from my thread. It can give arrows, text signal, pop-up, sound, email alerts (check the details there; first post).
If you check my other thread, it has details about setting up EMail (first post end). I think gmail does not work from MT4.
http://www.forexfactory.com/showthread.php?t=51635

If somebody does not know how to use ex4 file(!!!), a different form of mq4 file for MT4-LevelStop-Reverse is available in the following post (which does not have email alert):
http://www.forexfactory.com/showpost...postcount=2451

I hope this information is useful for some following this thread.

Regards,
chandra
  • #17
  • Jan 11, 2008 7:03pm Jan 11, 2008 7:03pm
Quoting inthenightsk
I trade from the 15min chart with the hourly trend. .

Thanks for posting - How do you confirm the Hourly trend?

Have you tested High times frames?

cheers

Red
  • #18
  • Jan 11, 2008 7:07pm Jan 11, 2008 7:07pm
Quoting inthenightsk
My system is quite self explanitory if you just go back test it a little it gives very good signals when everything lines up and not up against any barriers. About the "L"SAR. You will to ask Imrain about what it means since I believe he created that one.
......but I'm afraid that your method just isn't "self-explanatory" to me, so I'm a bit in the dark as to what I should be looking for. Maybe it's just me, but I would really appreciate a description of your method and how to spot the signals that you're on about.

Sorry, mate, but to throw up a trading method and tell everybody it's self-explanatory just isn't good enough. I'm not criticizing you in any way, understand.........it's just that some folk see things straight away, and others (like me) don't.

It's nice of you to share it, mate, but some guidance would be appreciated.
Cheers.
  • #19
  • Jan 12, 2008 3:53am Jan 12, 2008 3:53am
Quoting inthenightsk
My system is quite self explanitory if you just go back test it a little it gives very good signals when everything lines up and not up against any barriers. About the "L"SAR. You will to ask Imrain about what it means since I believe he created that one.

inthenightsk,

I am not sure how you make the trade entries and exits using this system, perhaps you could post some charts and mark with vertical lines where your entries and exits were.

Thanks
  • #20
  • Jan 12, 2008 5:11am Jan 12, 2008 5:11am
Quoting eyevoltage
......but I'm afraid that your method just isn't "self-explanatory" to me, so I'm a bit in the dark as to what I should be looking for. Maybe it's just me, but I would really appreciate a description of your method and how to spot the signals that you're on about.

Sorry, mate, but to throw up a trading method and tell everybody it's self-explanatory just isn't good enough. I'm not criticizing you in any way, understand.........it's just that some folk see things straight away, and others (like me) don't.

It's nice of you to share it, mate, but some guidance would be appreciated.
Cheers.
The purpose of this thread was simply to bring life back to the LSAR indicator in this forum since I found it to be a very unique indicator from the rest. Unlike the regular PSAR it seems to avoid fake-outs and is more conservative with its indications. That tunnel indicator has also shown me the light when it comes to placing takes and stops. I wanted to express how well I've been doing with these two indicators. Trading is more art than science and as much as I try to follow strict rules, like any art, nothing is concrete. If you want some rules for this system simply go follow the Cowabunga system from babypips.com and use these indicators as an extra guide. If you want the maximum rule mania from hell, go follow some of Imrain's threads. His threads are a must read but his systems are a little too conservative for my taste. They will save your ass if you are a new trader, however.
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