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Attachments: .SI4 for GBP/JPY & EUR/JPY
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.SI4 for GBP/JPY & EUR/JPY

  • #301
  • Jan 16, 2008 3:37pm Jan 16, 2008 3:37pm
Quick question Mudda, from your experience is backtesting on Fibonacci Trader relatively reliable?

Thanks.
  • #302
  • Jan 16, 2008 3:39pm Jan 16, 2008 3:39pm
Quoting freed14
Mudd do you think we could have a full summary of what is what. I seem to be confused by which system to use and which one is on MT4 now. If I can help let me know.
Okay, the .SI4's are only for the Fibonacci Trader SRV charting package.

There are seven available on the website:

30-150-D EUR/JPY TrendChaserFX 1.F/1.G
30-150-D GBP/JPY TrendChaserFX 1.F/1.G
30-150-D GBP/USD TrendChaserFX 1.F
5-25-275 EUR/JPY 5 Minute Quicktrade 1.G
D-W-M EUR/USD Ichimoku Standard 1.G

We're got a batch of MT4 indicators on the website that now mimick the FT SRV version (1.F) fairly well, and will soon have an EA. The MT4 indicators are in a .zip file posted prior to the .SI4 files on the website. The MT4 indicators only show entry and reversal into a FLAT or opposing position. They don't show limits. These will need to be entered manually. They were E/J = 65, G/J = 75, G/U = 65 for the 30 minute systems (1.F versions).

I've been runing them side by side and the entrys are identical for the most part.
Capital Preservation is key to long term wealth accumulation
  • #303
  • Jan 16, 2008 3:53pm Jan 16, 2008 3:53pm
Quoting forexmoments
Quick question Mudda, from your experience is backtesting on Fibonacci Trader relatively reliable?

Thanks.
Well, if we're not talking tick charts, then yes, I believe so. All of the systems I've created on FT all enter based on the close which I always observed as the most reliable.

Now the P/L results differ slightly from real life as there is no accounting for spread and other delaying factors in opening the trade. The data feed for FT is through FXCM and I have noticed in several cases where the trade has reached limit on FT, but my trading platform, also FXCM, didn't trigger the limit. The prices should be identical and the limit should be the limit, so I have no explanation for it right now.
Capital Preservation is key to long term wealth accumulation
  • #304
  • Edited 9:28am Jan 17, 2008 9:15am | Edited 9:28am
Just FYI:

The MT4 version also works really well on the 5 minute chart and the Yen crosses.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jan. 17 10.25.gif Size: 45 KB
Capital Preservation is key to long term wealth accumulation
  • #305
  • Jan 22, 2008 9:40am Jan 22, 2008 9:40am
greetings all

i maybe missing something here...can anybody show me the MT4 indi for this nice strategy..?

tq
what one man can do...other can do!!!
  • #306
  • Jan 22, 2008 4:46pm Jan 22, 2008 4:46pm
The indicators are post @ TrendChaserFX.com
Capital Preservation is key to long term wealth accumulation
  • #307
  • Jan 22, 2008 5:14pm Jan 22, 2008 5:14pm
MT4 Indicator Usage:

When price crosses and closes above or below the StepMA line the indicator will signal a trade by displaying the bar as either blue for LONG, or red for SHORT.

Once in the trade the bar color remains the same until price starts to retrace at which time the bar color will lighten. You can either stay in and watch for reversal or close out and wait for an opposing trade or re-enter if the bar color darkens again.

If price retraces back inside the Trend Bars, price will go FLAT (white), indicating no trade is available. Typically for a LONG, the RSI should be above 50 and below 50 for a SHORT.

I prefer this system on the 5 minute, 30 minute, and daily charts. I feel those provide the right trend channels to profit on a regular basis. Some pairs have more "pattern persistance" than others. JPY crosses are known for this as are most GBP pairs. The CAD, however, can abruptly change direction and doesn't seem suited for this type of system.
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Jan. 22 18.05.gif Size: 24 KB
Capital Preservation is key to long term wealth accumulation
  • #308
  • Feb 7, 2008 2:23pm Feb 7, 2008 2:23pm
Quoting igorad
Hi,

I've found the solution for Trailing Volatility indicator. This indicator haven't nothing common with adaptive indicators because it's based on Envelopes(Close) with period=1 and Deviation (ex.0.005 and 0.009 on screenshot).

This indi (TrendEnvelopes_v3)for MT4 you can find at TSD very soon.

Kind Regards,
Igor

What a great indicator one of the best , can"t wait for it to come out

Is it out yet??
  • #309
  • Feb 7, 2008 4:53pm Feb 7, 2008 4:53pm
All the necessary files can be downloaded from TrendChaserFX.com
Capital Preservation is key to long term wealth accumulation
  • #310
  • Feb 7, 2008 5:06pm Feb 7, 2008 5:06pm
Hey mudd, I can't download the MT4 indicators from your website had a 404 not found. The link may need updating but cheers man looking forward to checking these out!
  • #311
  • Feb 7, 2008 5:16pm Feb 7, 2008 5:16pm
Sorry! My bad. It's working now.
Capital Preservation is key to long term wealth accumulation
  • #312
  • Feb 7, 2008 5:31pm Feb 7, 2008 5:31pm
Quoting MuddBuddha
Sorry! My bad. It's working now.
Cheers!
  • #313
  • Feb 8, 2008 1:42am Feb 8, 2008 1:42am
Quoting MuddBuddha
Well, if we're not talking tick charts, then yes, I believe so. All of the systems I've created on FT all enter based on the close which I always observed as the most reliable.

Now the P/L results differ slightly from real life as there is no accounting for spread and other delaying factors in opening the trade. The data feed for FT is through FXCM and I have noticed in several cases where the trade has reached limit on FT, but my trading platform, also FXCM, didn't trigger the limit. The prices should be identical and the limit should be the limit, so I have no explanation for it right now.
Right - got ya. Thanks.
  • #314
  • Feb 8, 2008 8:31am Feb 8, 2008 8:31am
Hi MuddBuddha

Thank you for a good thread and food for thought.

Could you share what your parameters are for the MT4 StepChoppyBars_v2 indicator?

Thanks in advance.

JC
  • #315
  • Apr 22, 2008 12:11pm Apr 22, 2008 12:11pm
Mudd Buddha was a EA ever developed for this system I have been trading it manually for some time with great success. But that involves more screen time than I or my wife (especially my wife) would like. Any way thanks for providing a profitable system that works and is easy to follow. http://www.forexfactory.com/images/icons/icon14.gif

Regards
Wheels
  • #316
  • Apr 22, 2008 3:58pm Apr 22, 2008 3:58pm
Hi can anyone post the mt4 indicators and the template for trendchaserfx? MudBuddha's site seems to be down
  • #317
  • Apr 22, 2008 4:12pm Apr 22, 2008 4:12pm
I pm'ed him. Maybe he'll notice and get it back.
  • #318
  • Apr 22, 2008 4:17pm Apr 22, 2008 4:17pm
Send your email address to me Shiva, and I'll forward the .SI4 files to you.

The site blog started getting spammed like crazy and they were able to get into the .php files to embed code....at that point I took the site down to prevent any virii being spread.

[email protected]
Capital Preservation is key to long term wealth accumulation
  • #319
  • Apr 22, 2008 4:22pm Apr 22, 2008 4:22pm
sorry....typed too fast.

[email protected]
Capital Preservation is key to long term wealth accumulation
  • #320
  • Apr 22, 2008 4:29pm Apr 22, 2008 4:29pm
Wheels, congrats on doing well with the indicators.

Do you mind saying what your fav trading currency and time are?


Quoting Wheels 60
Mudd Buddha was a EA ever developed for this system I have been trading it manually for some time with great success. But that involves more screen time than I or my wife (especially my wife) would like. Any way thanks for providing a profitable system that works and is easy to follow. http://www.forexfactory.com/images/icons/icon14.gif

Regards
Wheels
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