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39/39 HI/LO SYSTEM

  • #121
  • Mar 14, 2008 9:38pm Mar 14, 2008 9:38pm
Quoting Qman
Jr, I've been trying to look more closely into the SHI SilverTrend indicator. I've read a couple of comments about it repainting. I'm not sure if those comments were for SHI SilverTrend or just SilverTrend. I ran it an Strat Tester to see if I could pick it up (4 hour chart based on data down to minutes), and really didn't notice anything. Have you, or anybody else seen anything that would cause you to believe it retraces? I'm a bit curious because the dang thing is magical! ... I'm thinking, like TOO magical. Like set your TP for 50 pips and be patient, and you'll win 90% of the time (save your lectures about the other 10% of the time -- I know already ... Without using anything else. What do we know about this thing?
At this point, I not sure we really need to disect it any further. I am using all the indicators I posted, furthermore, going from one pair to 4 pairs.....splitting up the risks. I really feel good about how far this system has come. Right now I am adjusting as things develop, so its not an EA that can go on its own just yet, and I am not sure it ever will be. But I feel there is definitely potential.
  • #122
  • Mar 15, 2008 7:50pm Mar 15, 2008 7:50pm
The Strategy Tester only goes as far back as July 23, 2007 for the 5min Charts on my Platform. So, I went ahead with the test from that day on. Here are my results. Keep in mind once again, the Daily Chart is strictly for our EA Entry, and EA Exit. You will see Red/Green Lines. This is when the EA was in action.

JULY 23, 2007 - March 15, 2008

http://www.forexfactory.com/attachme...1&d=1205628576
Attached Image
  • #123
  • Mar 16, 2008 3:38am Mar 16, 2008 3:38am
could you please give us last set up your EA,
which indicators and explain your strategy, in one document, if its possible
Thx bj
BJ
  • #124
  • Mar 16, 2008 3:25pm Mar 16, 2008 3:25pm
Quoting brainjt
could you please give us last set up your EA,
which indicators and explain your strategy, in one document, if its possible
Thx bj
Post#110 explains the strategy completely.

The recent Results posted were done using the 5min Chart, rather than the 30min Chart.

I will go ahead and repost the EA, and the Indicators that I am using. Hope this helps.
Attached File(s)
File Type: mq4 jr2007v4.1.mq4   16 KB | 523 downloads
File Type: ex4 MT4-LSAR.ex4   6 KB | 541 downloads
File Type: mq4 SHI_SilverTrendSig.mq4   4 KB | 482 downloads
File Type: mq4 NonLagMA_v4.mq4   5 KB | 483 downloads
  • #125
  • Mar 16, 2008 7:33pm Mar 16, 2008 7:33pm
system seems to be working good so far. I grabbed 850 pips since friday on the shortside of gbp/jpy. good job
  • #126
  • Mar 16, 2008 9:22pm Mar 16, 2008 9:22pm
Quoting saltydoo
system seems to be working good so far. I grabbed 850 pips since friday on the shortside of gbp/jpy. good job
Cool, thanks for posting your results.
  • #127
  • Mar 17, 2008 4:51am Mar 17, 2008 4:51am
An interesting method indeed. Jr, just to check with you, to get the EA to trade one direction like long for instance, do I leave max long orders set to 2 and change max short orders to 0?
Many thanks for your help,

Cal
  • #128
  • Mar 17, 2008 4:56am Mar 17, 2008 4:56am
Quoting jr2007
Post#110 explains the strategy completely.

The recent Results posted were done using the 5min Chart, rather than the 30min Chart.

I will go ahead and repost the EA, and the Indicators that I am using. Hope this helps.
thx, I used still version ma duel- with excellent results on 4 pairs!
Ill try also this new,
bj
BJ
  • #129
  • Mar 17, 2008 5:32am Mar 17, 2008 5:32am
Quoting currymonster
An interesting method indeed. Jr, just to check with you, to get the EA to trade one direction like long for instance, do I leave max long orders set to 2 and change max short orders to 0?
Many thanks for your help,

Cal
Got my answer, lol, it just opened a short order!

Many thanks,

Cal
  • #130
  • Mar 17, 2008 5:53am Mar 17, 2008 5:53am
Quoting currymonster
Got my answer, lol, it just opened a short order!

Many thanks,

Cal

Doh! I've just realised we're under 'exit short' conditions! Will exit trades and wait for the next signal as per rules, cheers,

Cal
  • #131
  • Mar 17, 2008 9:26am Mar 17, 2008 9:26am
You have a good method here,but cant we put a kind of alert for the LSAR cross and cant we base the comparison on a 4H tf instead of daily?
  • #132
  • Mar 17, 2008 9:38am Mar 17, 2008 9:38am
And also do you place trades with this EA during news hours?
  • #133
  • Mar 17, 2008 10:47am Mar 17, 2008 10:47am
Quoting currymonster
An interesting method indeed. Jr, just to check with you, to get the EA to trade one direction like long for instance, do I leave max long orders set to 2 and change max short orders to 0?
Many thanks for your help,

Cal
do I leave max long orders set to 2 and change max short orders to 0?

Better yet, if you open up settings under Common Tab, instead of the Inputs tab, you will see the option for LONG & Short, Long only, or Short only.
  • #134
  • Mar 17, 2008 10:50am Mar 17, 2008 10:50am
Quoting femzy112
You have a good method here,but cant we put a kind of alert for the LSAR cross and cant we base the comparison on a 4H tf instead of daily?
Actually, I am considering 4hr instead of daily. I am in test mode for that. Also, nothing here is set in stone. If anyone finds a better way to trade this system, please share.
  • #135
  • Mar 17, 2008 10:53am Mar 17, 2008 10:53am
Quoting femzy112
You have a good method here,but cant we put a kind of alert for the LSAR cross and cant we base the comparison on a 4H tf instead of daily?
Unfortunately no. Also, I am not sure if something like that can be programmed. I think what they call repainting indicator might be the problem.
  • #136
  • Mar 17, 2008 11:45am Mar 17, 2008 11:45am
Also;does the indicator appear at the stroke of a daily bar if valid?
And how often do you check on the daily TF if signals come cos mixing swing method with 30M could be somewhat a task..
Wat do u feel JR????
  • #137
  • Mar 17, 2008 11:46am Mar 17, 2008 11:46am
Quoting jr2007
Actually, I am considering 4hr instead of daily. I am in test mode for that. Also, nothing here is set in stone. If anyone finds a better way to trade this system, please share.
I use the 4H TF to determine my short term trend. Then move to lower TF's (1H and 15M) to make my entry decisions.
  • #138
  • Mar 17, 2008 1:42pm Mar 17, 2008 1:42pm
Quoting femzy112
Also;does the indicator appear at the stroke of a daily bar if valid?
And how often do you check on the daily TF if signals come cos mixing swing method with 30M could be somewhat a task..
Wat do u feel JR????
Well, actually.....like I said before, nothing is set in stone. I've been demoing different Timeframes for now. I am favoring the 4hr time frame for indication of trend, and 30min for Entry.
  • #139
  • Mar 17, 2008 2:14pm Mar 17, 2008 2:14pm
I would appreciate if you kindly update the thread when you see valid signal setup as i suggest u are using ODL which uses thesame TF wit Interbank that i use.
Just for comparison reasons though.
Thanks
  • #140
  • Mar 17, 2008 4:22pm Mar 17, 2008 4:22pm
Quoting femzy112
I would appreciate if you kindly update the thread when you see valid signal setup as i suggest u are using ODL which uses thesame TF wit Interbank that i use.
Just for comparison reasons though.
Thanks
Will do, when I receive a signal.
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