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WPS system

  • #41
  • Mar 18, 2008 4:22pm Mar 18, 2008 4:22pm
Quoting free84
brilliant tanks i like ,you are brain its not a joke you make my day thanks ,i will write an indicatore for this
One thing about moving the SL like I showed, if the last closed bar is much smaller than the average bar (no numbers, just what your eyes tells you) don't move the SL to that bar. The small bar means that there's indecision in the market, so you wait and see instead what happens after that bar.
  • #42
  • Mar 18, 2008 4:27pm Mar 18, 2008 4:27pm
I am confirming that the Wonderful Stop Line is in fact a Simple Moving Average. Here is the Moving Average Settings:

Period: 10
Shift: 2
MA Method: Simple
Apply to: Weighted Close (HLCC/4)

Maybe you can use a 200 SMA to filter some of the bad trades. Obviously only take trades in the direction of the 200 SMA? You may also want to take partial profits and move 1 lot to BE and then get out once you have a reversal signal?

TimeFreedom

Quoting free84
i wait the close of the first with change color and you place order at the high of this bar for a long or on low for short it seems to me the line stop is most a 10 period shifted
  • #43
  • Mar 18, 2008 4:38pm Mar 18, 2008 4:38pm
c'mon guy you can do better im sure
  • #44
  • Mar 18, 2008 4:47pm Mar 18, 2008 4:47pm
thanks time fredom the 200 sma is a good idea i read somwher in this forum all big dog have a 200 sma on her chart not me because im not a big dog just a shark
  • #45
  • Mar 18, 2008 4:52pm Mar 18, 2008 4:52pm
Trading which pairs and what kind of MM?

Quoting free84
do you think an average of 31% net by month since 2 year its not amazing?this simple system paid my bills its just what i need ,there is a long time i stop thinking to be billionarie in a few month on fx
  • #46
  • Mar 18, 2008 5:51pm Mar 18, 2008 5:51pm
Just looking at this visually on the charts(4hr) it is amazing how simple yet accurate this is!

Great work!
  • #47
  • Mar 18, 2008 7:04pm Mar 18, 2008 7:04pm
check out the 20:00 bar on the GU H4 chart. Do we enter on a break above the high of the red bar since it is above the Wonderful line or do we wait for a blue bar to form above the Wonderful line to become our trigger?
  • #48
  • Mar 18, 2008 7:14pm Mar 18, 2008 7:14pm
On a chart like this, your entry is then at the arrow -- the break of the signal bar?
Attached Image (click to enlarge)
Click to Enlarge Name: WPS.png Size: 8 KB
  • #49
  • Mar 18, 2008 7:18pm Mar 18, 2008 7:18pm
How do you trade this chart? Looks very messy.
Attached Image (click to enlarge)
Click to Enlarge Name: WPS1.png Size: 9 KB
  • #50
  • Mar 18, 2008 7:22pm Mar 18, 2008 7:22pm
Quoting free84
i decide to share with everybody my WPS system for free he use proprietary indicators i wait for commentary its a real big dog secret
Please post the indicators again in mq4. The ones already do not show up under indicators.
  • #51
  • Mar 18, 2008 7:49pm Mar 18, 2008 7:49pm
Quoting aelimian
Please post the indicators again in mq4. The ones already do not show up under indicators.
Already answered in the 5th post of the thread.
The files were zipped with a saved sub-folder. Make sure when you unzip the zip file you don't use folder names. Or at least be aware of the destination when you extract. If you unzipped them to the indicators folder then be sure to re-start the platform.
  • #52
  • Mar 19, 2008 2:27am Mar 19, 2008 2:27am
Quoting BenQ
How do you trade this chart? Looks very messy.
It's very messy, and this system like many other out there works very welll in trending markets and less well in choppy.
  • #53
  • Mar 19, 2008 2:48am Mar 19, 2008 2:48am
i agree with you benQ and i will tell you what i do in this market but dont repeat its a big dog secret.......... i go fishing!!!!! i dont try to make money when market is quiet
  • #54
  • Mar 19, 2008 3:13am Mar 19, 2008 3:13am
itīs a 10 SMA Displaced 3
You have to filter with another indicator.
  • #55
  • Mar 19, 2008 4:26am Mar 19, 2008 4:26am
Oh, good secret. Now tell me how you determine that ahead of time?

Quoting free84
i agree with you benQ and i will tell you what i do in this market but dont repeat its a big dog secret.......... i go fishing!!!!! i dont try to make money when market is quiet
  • #56
  • Mar 19, 2008 5:13am Mar 19, 2008 5:13am
Quoting free84
i agree with you benQ and i will tell you what i do in this market but dont repeat its a big dog secret.......... i go fishing!!!!! i dont try to make money when market is quiet
I have the same question as BenQ. How do you know that?
The trader that have info like that will be the richest trader in the world in a very short time..... But maybe you are for all i know....?

Arctic4x
  • #57
  • Mar 19, 2008 6:10am Mar 19, 2008 6:10am
smjones does it another version of the famous secret weapon of big dog? i would say the 200 ema??
  • #58
  • Mar 19, 2008 7:12am Mar 19, 2008 7:12am
to know when market is in trend or in range i use another secret big dog indicator named child indicator its not a proprietary indic i cannot share, but 90% acurate google it think you can find on web . I know the creator read this thread maybe he would like to share
  • #59
  • Mar 19, 2008 8:22am Mar 19, 2008 8:22am
Quoting free84
to know when market is in trend or in range i use another secret big dog indicator named child indicator its not a proprietary indic i cannot share, but 90% acurate google it think you can find on web . I know the creator read this thread maybe he would like to share
To know if the market is in a trend or a range you only need to look at the chart. Don't need any indicator for that.
But to be able to save your self from loosing, or to profit from it you need to know it before it happens so my question was how do you know when to stay out.

I love fishing so would be nice to know what day to trade and what day to go fishing

Arctic4x
  • #60
  • Mar 19, 2008 8:28am Mar 19, 2008 8:28am
Quoting Arctic4x
To know if the market is in a trend or a range you only need to look at the chart. Don't need any indicator for that.
But to be able to save your self from loosing, or to profit from it you need to know it before it happens so my question was how do you know when to stay out.

I love fishing so would be nice to know what day to trade and what day to go fishing

Arctic4x
Gosh, I did not mean to cause consternation. I was only trying to be helpful. I will delete my post and the indicator sorry about that everyone.
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