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Supernova GBP/JPY Mini Trend Catcher

  • #5,441
  • Mar 18, 2008 6:02am Mar 18, 2008 6:02am
Quoting wolfeman
That was a great idea Matt. I didn't think it was for me to make such a suggestion, but I'm glad you and the others shared....thanks!!

Thanks Wolfster!

Guess now we only need out coder genius to make his way - there - ... but then they just have a major server maintenance going on and things are slow sometimes.

See you!
Matt
  • #5,442
  • Mar 18, 2008 1:57pm Mar 18, 2008 1:57pm
Quoting Gnat
Thanks Wolfster!

Guess now we only need out coder genius to make his way - there - ... but then they just have a major server maintenance going on and things are slow sometimes.

See you!
Matt
Hi Matt can u pls enlightn me on the meaning of ATR based stop and take profit amd having som very good entries on my ea but lockin in profit and riding trend till the end seems to be a problem for me + trailing by parabolic sar is not as efficient as i want thanks
  • #5,443
  • Mar 19, 2008 4:58am Mar 19, 2008 4:58am
i guess it matters what ur using psar for
a trading system or just a stop?

on gbp-jpy i like the 0.003 on m30
if you use a mtf psar and view this on m5 it lines up nice with the 200 ema

it has proven the best in all my testing on that pair

but far as using psar as a trailing stop
id think u need something tighter?

i would just use what looks good on the chart your trading for the current conditions

you can change it with conditions

Quoting orion70
sntest3 results are impressive, to say the least.

I do remember reading a comment by TC, months ago, that optimal psar settings varied widely by currency pair and TF. Just wondering if anyone has done any research on this.
  • #5,444
  • Mar 19, 2008 4:59am Mar 19, 2008 4:59am
Quoting faliowino
Hi Matt can u pls enlightn me on the meaning of ATR based stop and take profit amd having som very good entries on my ea but lockin in profit and riding trend till the end seems to be a problem for me + trailing by parabolic sar is not as efficient as i want thanks
Hallo Faliowino!

I had the same impression about the PSAR TS and somehow it behaved differently on different platforms at first. Then I reinstalled and on the other hand deleted some older MT4 platforms and all of a sudden the stops were moved in time. I changed the default settings from 2 candles behind to 1 candle and in the stormy markets we had this move did fine. Still we need to get good settings for the PSAR, but our friend TC is just now on the sidelines and may enlighten us on that!

ATR is the Average True Range of the pair and this indicator therefor measures the average movement of the pair in a predestined timespan. So if you use a TS that uses a percentage of the ATR, you will not try to catch a major rise, when there is no chance and the TS will be pretty close. If you still have a lot of open range at your disposal, the TS will be trailing more loosely and only close in on the price as the percentage of ATR you set is getting closer.

Hope that helped a bit ... and made sense... somehow I am dizzy today!
Greetings!
Gnat Matt
  • #5,445
  • Mar 19, 2008 5:03am Mar 19, 2008 5:03am
Quoting trendchaser
i guess it matters what ur using psar for
a trading system or just a stop?

on gbp-jpy i like the 0.003 on m30
if you use a mtf psar and view this on m5 it lines up nice with the 200 ema

it has proven the best in all my testing on that pair

but far as using psar as a trailing stop
id think u need something tighter?

i would just use what looks good on the chart your trading for the current conditions

you can change it with conditions
Hi TC!

What we are mainly looking at is the PSAR as a TS on a 4H & Daily TF. So we need some reactivity there, as the 4H candles may inlcude really major movements.
I found that having the stop on the second candle "behind" is not really satisfactory and so I put it at 0.002 & 0.2 behind on the last candle. This lead to quite early taking of minor profit!
We just need some cool settings for that TFs for the Yen pairs - all others are just fine with standard.

I am watching your EA grow over there! Really impressive! Great work!
Greetz!
Matt
  • #5,446
  • Mar 19, 2008 6:54am Mar 19, 2008 6:54am
Hi just after some clarification on how often signals are generated. I am using the beta 14 ea and as you can see the image attached at4 take profit presets. I have had no signals for 2 days across several pairs is this normal or have i set things up incorrectly.

Hope you can help
Attached File(s)
File Type: zip gbpusdimage.zip   72 KB | 493 downloads
  • #5,447
  • Mar 19, 2008 7:31am Mar 19, 2008 7:31am
Hi everyone and thanks to all of you for your hard work on this method and ea. I've started testing it last week it has excellent entries based on QQE and rather poor exits as many of you mentioned already. I am still working on different setting for different tf and pairs will post my findings. I found reentry feature in setting is that means ea will reenter the market after specified target been hit or sl/trailing stop activated or we need to wait for the next QQE cross to take trade? I suppose some of it can be adjusted through MM settings such as scale out/pyramidind and such.

Thanks
  • #5,448
  • Mar 19, 2008 8:10am Mar 19, 2008 8:10am
Quoting censura
Hi just after some clarification on how often signals are generated. I am using the beta 14 ea and as you can see the image attached at4 take profit presets. I have had no signals for 2 days across several pairs is this normal or have i set things up incorrectly.

Hope you can help
Hallo censura!

The EA on the upper right hand corner of the chart is frowning, so something must be wrong and he cannot take any trades.
Either the "allow live trading" box on the common tab is not ticked, or you have not allowed EAs in the "extras" - "options" - "expert adviser" section of your platform.
I think everthing else looks good! Please save your images as *.jpg and then use the "manage attachment" section of the editor here on FF - then we can see your picture right away and it does not need to be that large!

Let me know if you could solve th problem!
Ciao!
Gnat
  • #5,449
  • Mar 19, 2008 8:13am Mar 19, 2008 8:13am
Quoting Argo
Hi everyone and thanks to all of you for your hard work on this method and ea. I've started testing it last week it has excellent entries based on QQE and rather poor exits as many of you mentioned already. I am still working on different setting for different tf and pairs will post my findings. I found reentry feature in setting is that means ea will reenter the market after specified target been hit or sl/trailing stop activated or we need to wait for the next QQE cross to take trade? I suppose some of it can be adjusted through MM settings such as scale out/pyramidind and such.

Thanks
Hallo Argo!

Thanks for the kind words and yes, please let us know what you find in your tests! Re-entry has so far not been tested too much, but it is meant to do as you described up there. With re-entries the EA would act similar to a grid trader and that can be good in a "buy only" and "sell only" situation, but not for continuous runs.

Thanks for joining!
Ciao
Gnat
  • #5,450
  • Mar 19, 2008 8:20am Mar 19, 2008 8:20am
Hi Bill!

So now we see a second introduction of the QQE to the OzFx thread? Hope it does not confuse people there. But adding it to an EA for safety reasons would probably be a good move.

Hope all is fine?
Ciao
Matt
  • #5,451
  • Mar 19, 2008 10:06am Mar 19, 2008 10:06am
hi thank you seems to be working now so thank you for your help (live trading now ticked)
  • #5,452
  • Mar 19, 2008 11:02am Mar 19, 2008 11:02am
i have the ea, but which folder shall i put those files...please help
  • #5,453
  • Mar 19, 2008 11:40am Mar 19, 2008 11:40am
Quoting Argo
Hi everyone and thanks to all of you for your hard work on this method and ea. I've started testing it last week it has excellent entries based on QQE and rather poor exits as many of you mentioned already. I am still working on different setting for different tf and pairs will post my findings. I found reentry feature in setting is that means ea will reenter the market after specified target been hit or sl/trailing stop activated or we need to wait for the next QQE cross to take trade? I suppose some of it can be adjusted through MM settings such as scale out/pyramidind and such.

Thanks
Hi Argo,

Thanks for testing. I am working like mad on the MM and will be releasing my results and some set files. We have many ways to capture profits and I am trying to come up with the most efficient non-curve fitted settings. In addition, I have been experimenting with a Ninjatrader port of a simplified Supernova going against MB trading. I am going as fast as I can

Rick
  • #5,454
  • Mar 19, 2008 2:01pm Mar 19, 2008 2:01pm
Quoting rmyers
Hi Argo,

Thanks for testing. I am working like mad on the MM and will be releasing my results and some set files. We have many ways to capture profits and I am trying to come up with the most efficient non-curve fitted settings. In addition, I have been experimenting with a Ninjatrader port of a simplified Supernova going against MB trading. I am going as fast as I can

Rick
Rick...no hurry at all! We are all grateful that you are doing this and we realize that good things take time to build.
  • #5,455
  • Mar 19, 2008 6:34pm Mar 19, 2008 6:34pm
Danke schon Orion and thanks "Maestro" Rick for your prompt reply. Hey Rick there is no pressure from my side this thing is working fine as is on semi-auto I can imagen what it will do after you are all done with it. From my previous experience I can tell you the indis can get you in but right numbers game is the key and I see a lot of excellent setting you have build in.
will catch you all later it is Cabernet time now.
  • #5,456
  • Mar 20, 2008 6:17am Mar 20, 2008 6:17am
Quoting censura
hi thank you seems to be working now so thank you for your help (live trading now ticked)
Good it helped! Have a good Easter!
Ciao!
Gnat
  • #5,457
  • Mar 22, 2008 1:35pm Mar 22, 2008 1:35pm
Hi everyone and thanks to all of you for your hard work on this method

i tried it and i feel good when using the method at the vttrader but recently the QQE_alert the signals are not working at the new version 1.92.
i hope any one can help to solve.
  • #5,458
  • Mar 22, 2008 2:45pm Mar 22, 2008 2:45pm
Quoting seemo0
Hi everyone and thanks to all of you for your hard work on this method

i tried it and i feel good when using the method at the vttrader but recently the QQE_alert the signals are not working at the new version 1.92.
i hope any one can help to solve.
Answered your PM on that topic! I hope we can find a solution for you.

Have a good time!
Gnat
  • #5,459
  • Mar 23, 2008 5:19am Mar 23, 2008 5:19am
Quoting seemo0
Hi everyone and thanks to all of you for your hard work on this method

i tried it and i feel good when using the method at the vttrader but recently the QQE_alert the signals are not working at the new version 1.92.
i hope any one can help to solve.
Hi if your talking about vtrader if you sign up with this forum

http://forum.vtsystems.com

and request the signal indicator be updated to allow for the new version they will do it for free as they are the developers of visual trading charts.
  • #5,460
  • Mar 23, 2008 7:10am Mar 23, 2008 7:10am
thanks a lot for replaying me and i'll try to find it and let u know..
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