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Attachments: X50 - M5 trend following
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X50 - M5 trend following

  • #161
  • Jan 27, 2008 10:01am Jan 27, 2008 10:01am
I am working on an x50 Indicator Alert but need the market to be open to properly test.

This will produce an ALERT box/sound when all the indicators have properly lined up. At that point a trader can examine the chart and make a decision on wheither to enter the trade.
  • #162
  • Jan 28, 2008 5:51am Jan 28, 2008 5:51am
have 5 people...thanks
Cheers
CanuckCT

Quoting CanuckCT
I'm looking for 5 people to help with some very specific testing on an EA for x50. I have one volunteer already, so I need 4 others. Please PM me for details.
Cheers,
CanuckCT
  • #163
  • Jan 28, 2008 4:52pm Jan 28, 2008 4:52pm
Quoting Ronald Raygun
When calling on an indicator which is not included as a standard indicator with metatrader, it needs to be placed in the "Indicators" folder. I had the same problem when I was coding my own version of an EA for canuckCT
I've put the indicator in the experts/indicators folder. When calling on the indicator, nothing happens. Any suggestion?
  • #164
  • Jan 29, 2008 1:03am Jan 29, 2008 1:03am
Quoting echnat0n
I've put the indicator in the experts/indicators folder. When calling on the indicator, nothing happens. Any suggestion?
I have the same response (nothing)
  • #165
  • Jan 29, 2008 5:16pm Jan 29, 2008 5:16pm
The name of the indicator in the iCustom function must be exactly the same as the indicator in the folder.

The following examples are ALL DIFFERENT in the eyes of the iCustom function.

Custom .
custom.
custom .
CUSTOM.


Also, did you compile the indicators?
  • #166
  • Jan 30, 2008 1:57pm Jan 30, 2008 1:57pm
A couple of people have sent me PM to ask where I have been...well I live is eastern Canada and we've been hit with a serious ice storm again. Second in a month. Here's a link to a news article and some pics. Quite amazing really...

http://canadianpress.google.com/arti...TkM24KS9LdqMng
http://www.theguardian.pe.ca/photoViewer.cfm?id=17414

Power restored today at home but high winds projected tonight...not sure what that means with all the ice.

Cheers
CanuckCT
  • #167
  • Jan 30, 2008 2:37pm Jan 30, 2008 2:37pm
Quoting CanuckCT
A couple of people have sent me PM to ask where I have been...well I live is eastern Canada and we've been hit with a serious ice storm again. Second in a month. Here's a link to a news article and some pics. Quite amazing really...

http://canadianpress.google.com/arti...TkM24KS9LdqMng
http://www.theguardian.pe.ca/photoViewer.cfm?id=17414

Power restored today at home but high winds projected tonight...not sure what that means with all the ice.

Cheers
CanuckCT
Gee, Canuck, you need to move down here to God's country
  • #168
  • Jan 30, 2008 2:43pm Jan 30, 2008 2:43pm
Here in the Southern US it is sunny and 60 degrees today. No sign of ice!!

T4K
  • #169
  • Jan 31, 2008 12:00pm Jan 31, 2008 12:00pm
The x50 indicator is currently under construction and will be in testing over the next few weeks. Here's a screenshot from today. Film at 11.
The sell was from one of the signals...in a demo account. Trade opened but not closed.
Cheers,
CanuckCT
Attached Image (click to enlarge)
Click to Enlarge Name: gj.gif Size: 25 KB
  • #170
  • Jan 31, 2008 7:40pm Jan 31, 2008 7:40pm
Hi Canuck,

I see the x50 indicator is under construction. Pardon my "newbiness" but does this mean I can't use the one you provided before or are you just refining it?

I have just started to use it and one trade that netted me 15 pips.

I like to trade longer term, but this is great if you want to sit down for a few hours and trade shorter TFs.

I really like the concept.

Cheers,

Dean
  • #171
  • Feb 1, 2008 3:52am Feb 1, 2008 3:52am
Quoting CanuckCT
The x50 indicator is currently under construction and will be in testing over the next few weeks. Here's a screenshot from today. Film at 11.
The sell was from one of the signals...in a demo account. Trade opened but not closed.
Cheers,
CanuckCT
Great CanuckCT, looking forward to it
  • #172
  • Edited 11:19am Feb 1, 2008 9:44am | Edited 11:19am
Hi deang

The templates work fine....but the indicator processes MACD, stochastic and AS values and creates the arrows you see in my post along with a popup alert. You don't need it to trade this method...but the alert is helpful for pulling the trigger and watching multiple pairs.
Cheers
CanuckCT


Quoting deang001
Hi Canuck,

I see the x50 indicator is under construction. Pardon my "newbiness" but does this mean I can't use the one you provided before or are you just refining it?

I have just started to use it and one trade that netted me 15 pips.

I like to trade longer term, but this is great if you want to sit down for a few hours and trade shorter TFs.

I really like the concept.

Cheers,

Dean
  • #173
  • Feb 2, 2008 1:16am Feb 2, 2008 1:16am
Hey Canuck,

I used your method last night and went very well. 100 odd pips from 4 separate trades. All winners!

I really like this method because 1, it seems to work, and 2, if you have a few hours you can just get in there and do it for a while without having to worry about leaving the trades going over night.

I would like to try to adapt the settings to another two platforms I use, IG Markets and Halifax but I'm not sure if they have the AI. It would be interesting to see how they preform with the indexes, gold and oil etc. It would also be interesting to see how they go with high volume equities as well.

I have used Spuds stochs with equities, indexes and gold etc with success, especially gold but using 30m time frames.

Cheers,

Dean
  • #174
  • Feb 2, 2008 7:09am Feb 2, 2008 7:09am
Quoting CanuckCT
The x50 indicator is currently under construction and will be in testing over the next few weeks. Here's a screenshot from today. Film at 11.
The sell was from one of the signals...in a demo account. Trade opened but not closed.
Cheers,
CanuckCT
I can't wait for the indicator
  • #175
  • Feb 3, 2008 12:59pm Feb 3, 2008 12:59pm
Someone has gone through the trouble to summarize the posts on this thread and provide the examples of what to look for. So I offer it up here and will add to the first post.
Cheers
CanuckCT
Attached File(s)
File Type: pdf X50 Summary.pdf   383 KB | 678 downloads
  • #176
  • Feb 3, 2008 2:01pm Feb 3, 2008 2:01pm
Quoting CanuckCT
Someone has gone through the trouble to summarize the posts on this thread and provide the examples of what to look for. So I offer it up here and will add to the first post.
Cheers
CanuckCT
Hello CanuckCT,
if i tell u i know how to praise your great effort it would have been an understatement.cuz this is the best system have ever.With Consistence one can make millions.Kodus to your great work..

Ayour2a

more,does it mean that the AS must always be in the opposite direction with the Stoch?get back to me asap.thanks
  • #177
  • Feb 5, 2008 3:11am Feb 5, 2008 3:11am
Hi guys,

I thought I might post some of my trades in an effort to get some feedback and make myself a better trader. The green lines and the red dotted lines are my entry and exit.

I think I satisfied all the entry criteria and closed for 19 pips which I thought was ok. I left a lot on the table though, even more as we speak it seems! Was the sign that the AI lines were still separating an indication that I should of stayed in for longer? I think I exited the trade because it looked like it was going to go up again from the tail.

Could you please tell me if my entry was ok and what I should have looked for to stay in the trade or longer. I've only been trading for a short while and Spuds original theory was the first system I have ever used.

Cheers,

Dean
Attached Image
  • #178
  • Feb 5, 2008 9:34pm Feb 5, 2008 9:34pm
Hi deang,
I think you entry was great...re the exits, spud often thought that once the stoch hit oversold you would grab your pips and run. What we are trying to do is catch a trend and ride it a bit longer. Althought the 5-3-3 made a bit of a turn and 14-3-3 did not and that is a good sign the it's a pullback for a breath before continuing down. My 2 cents. You might have considered moving you stop to BE at 20 and then let it ride a bit. Where you exited was still looking quite bearish.
Cheers
CanuckCT

Quoting deang001
Hi guys,

I thought I might post some of my trades in an effort to get some feedback and make myself a better trader. The green lines and the red dotted lines are my entry and exit.

I think I satisfied all the entry criteria and closed for 19 pips which I thought was ok. I left a lot on the table though, even more as we speak it seems! Was the sign that the AI lines were still separating an indication that I should of stayed in for longer? I think I exited the trade because it looked like it was going to go up again from the tail.

Could you please tell me if my entry was ok and what I should have looked for to stay in the trade or longer. I've only been trading for a short while and Spuds original theory was the first system I have ever used.

Cheers,

Dean
  • #179
  • Feb 6, 2008 5:58am Feb 6, 2008 5:58am
Cheers for that.

I have been following other people's trades at a lot of the entries don't seem to strictly adhere to the rules but more based on personal intuition. I'm trying to stick to the rules of entry for now.

One thing I'm a bit confused regarding the entry is the MACD. When you see that first bar cross zero, do you enter then or wait for the candle to finish? If you enter straight away do you jump out of the trade if it turns back?

I'll post a few more trades when they come if that's ok.

I have read all of Spuds original thread a few times and the art of trading MTF stochs as well. Do you suggest any more important threads that will further my knowledge of your method and the indicators used?

Also, what exactly are you doing with the X50 indicator atm? I had trouble understanding what it was you were up to?

Thanks Dean
  • #180
  • Feb 6, 2008 6:31am Feb 6, 2008 6:31am
Quoting CanuckCT
The x50 indicator is currently under construction and will be in testing over the next few weeks. Here's a screenshot from today. Film at 11.
The sell was from one of the signals...in a demo account. Trade opened but not closed.
Cheers,
CanuckCT
Hi, what are arrows on your chart? thx
BJ
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