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Supernova GBP/JPY Mini Trend Catcher

  • #5,501
  • Apr 2, 2008 3:46am Apr 2, 2008 3:46am
It seems gnat is away today...

The arrow is a visual indicator for the QQE cross- the heart of the supernova system. It is not an "all systems go" signal; rather it is the first one we look for.

When you get an arrow, that is when you are to look to the other indicators to confirm. For example the DMI indi shows a weak cross at best, I would pass on this signal, and wait for the next one.

Take some more time and read cryten's fist several posts, particularly the one that says "wait for it"...shortly after that is an explanation of what to do next; now you've started.

Once you have that down, look up and read the posts of Nofx and awesome792 regarding S/R and pivots, and how they help.

Of course Gnat will always be here to help. (and correct me, in case I answered anything wrrrrong!)


Quoting mike1349
Hi Gnat,
Thanks for helping us to get in to track.
I was wondering those arrows in my chart means set up is perfect to go in?
it looks too many of them

I use M15 TF.

Please advise.

Thanks
Mike
  • #5,502
  • Apr 2, 2008 5:07am Apr 2, 2008 5:07am
Quoting Lyra
THANKS GNAT!
i'll read their posts asap~just check with you if my understanding so far is correct,i use it in the 15min jyp pairs:
first wait for the signal(qqe cross)
DMI 14 red line above blue line(for short)
MOM below zero line
see the candle whether is clean(with few shadow,candle below the green line)

hmm...then how about the red Laguerre?

Thanks.

Lyra
Hallo Lyra!

All things correct up there. To dance in the market with the Yen pairs, you will find your way through some practice and will figure out, which system component helps you and which you do not really need.

On the red Laguerre: This was an addition that is not needed in manual trading. It was added to the template as part of the EA developement and has not really paid out in manual trading. In fact it still has to prove its worth in the EA as we have found no way to optimize the outcome of a trade with that component.

Have a good start!
Ciao!
Gnat
  • #5,503
  • Apr 2, 2008 5:33am Apr 2, 2008 5:33am
Quoting wolfeman
It seems gnat is away today...

The arrow is a visual indicator for the QQE cross- the heart of the supernova system. It is not an "all systems go" signal; rather it is the first one we look for.

When you get an arrow, that is when you are to look to the other indicators to confirm. For example the DMI indi shows a weak cross at best, I would pass on this signal, and wait for the next one.

Take some more time and read cryten's fist several posts, particularly the one that says "wait for it"...shortly after that is an explanation of what to do next; now you've started.

Once you have that down, look up and read the posts of Nofx and awesome792 regarding S/R and pivots, and how they help.

Of course Gnat will always be here to help. (and correct me, in case I answered anything wrrrrong!)
Hey Wolfy!

LOL ... nothing wrrrrrong here! Thanks for helping out!!
I had to throw in some lunch, so I am a bit late here and the morning was full of driving around.

Ciao!!
GnatMatt

Typing seems harder today... lol
  • #5,504
  • Apr 2, 2008 5:47am Apr 2, 2008 5:47am
Hallo Lyra!

I looked into my post again and found the reason for you asking about the red Laguerre. When trading on smaller TFs I have had a look at the red one to find out, if it could be somehow useful. So what I cited above is my personal setup.
But I must admit, that I normally have the Laguerre confirming the trade, when I am already looking for a good exit. The Laguerre is working amazingly fine on ImrainSaits system and if we ever need some expertise on that, he already told me to be willing to help.
But in fact in Supernova the Laguerre has not really found its place and so may be one to be cut out in the coming clean-up-session. To get the manual trades off the ground, you only need the components from Cryten's initial post and then some extras from the NOFX & Awesome792 posts. You will probably loose interest in the EA ... there are loads of pips made by them trading manually.

Have a good one!
Gnat-Matt
  • #5,505
  • Apr 2, 2008 7:58am Apr 2, 2008 7:58am
Quoting Gnat
Hallo Lyra!

I looked into my post again and found the reason for you asking about the red Laguerre. When trading on smaller TFs I have had a look at the red one to find out, if it could be somehow useful. So what I cited above is my personal setup.
But I must admit, that I normally have the Laguerre confirming the trade, when I am already looking for a good exit. The Laguerre is working amazingly fine on ImrainSaits system and if we ever need some expertise on that, he already told me to be willing to help.
But in fact in Supernova the Laguerre has not really found its place and so may be one to be cut out in the coming clean-up-session. To get the manual trades off the ground, you only need the components from Cryten's initial post and then some extras from the NOFX & Awesome792 posts. You will probably loose interest in the EA ... there are loads of pips made by them trading manually.

Have a good one!
Gnat-Matt
Thank you very much Gnat for your help, you are very warmhearted
i am now demo supernova manually but actually i would like to try both manual and EA as i don't have much time sitting in front of the pc and watching the chart. :But it seems like there are many version of ea in this thread and i don't know which one to follow.Would u recommend me some of them?

Goodluck to you!

Lyra

p/s it seems like this thread become quiet compare with the past,where is everybody?
  • #5,506
  • Edited 8:31am Apr 2, 2008 8:17am | Edited 8:31am
Quoting wolfeman
It seems gnat is away today...

The arrow is a visual indicator for the QQE cross- the heart of the supernova system. It is not an "all systems go" signal; rather it is the first one we look for.

When you get an arrow, that is when you are to look to the other indicators to confirm. For example the DMI indi shows a weak cross at best, I would pass on this signal, and wait for the next one.

Take some more time and read cryten's fist several posts, particularly the one that says "wait for it"...shortly after that is an explanation of what to do next; now you've started.

Once you have that down, look up and read the posts of Nofx and awesome792 regarding S/R and pivots, and how they help.

Of course Gnat will always be here to help. (and correct me, in case I answered anything wrrrrong!)
Thank you so much Wolfeman,
I read those posts before(Skim thru) but I think I need to read them one more time.

Just one more question: Which TF you guys think is the best for this system?

Good Luck
Mike
Failure, is a wonderful teacher!
  • #5,507
  • Apr 2, 2008 11:05am Apr 2, 2008 11:05am
Quoting mike1349
Thank you so much Wolfeman,
I read those posts before(Skim thru) but I think I need to read them one more time.

Just one more question: Which TF you guys think is the best for this system?

Good Luck
Mike
Hey Mike!

In my opinion the 15M are most rewarding on the manual side. But it is also possible to trade manually from the 4H or even daily chart with some success. So that would be a good way for people with not too much time at their hands, like Lyra stated in her post. So the manual side does not neccessarily call for a 24h involvement. You just need to set targets and SL/TS. Even partial TP is possible and you still only need to glance a the chart maybe twice a day. :

Happy Trading!
Gnat-Matt
  • #5,508
  • Apr 2, 2008 12:19pm Apr 2, 2008 12:19pm
Ok ive tried to use the supernova EA but on my EA list in mt4 build 215 its grayed out. I went ahead and loaded it anyways but still it never does anything. I even tried the beta 14 build but still nothing happens. Im attaching these to the charts and in the top right it saids the name of the EA. Is it because im using build 215 but then again it wouldnt work in build 213 either.
  • #5,509
  • Apr 2, 2008 3:08pm Apr 2, 2008 3:08pm
Quoting morpheus305
Ok ive tried to use the supernova EA but on my EA list in mt4 build 215 its grayed out. I went ahead and loaded it anyways but still it never does anything. I even tried the beta 14 build but still nothing happens. Im attaching these to the charts and in the top right it saids the name of the EA. Is it because im using build 215 but then again it wouldnt work in build 213 either.
Hallo Morpheus!

I saw your post on the Journal earlier and hoped you would find your way here then.
The EA is grey as you have the ex4 file. That does not mean, it is not working. So from that side everything is alright and my EAs also are grey, when it comes to this family of bots.
The EA only trades when the trend is changing. So if you put it onto a 4H chart you may actually have to wait for quite some time to get it to trading. Then, with the default settings, so many parameters must be met in combination, that a trade is likely to happen twice a year on each currency. SO - what you need is a thorough understanding of the Supernova system and the way the components can be combined to make it work. This is most easily gained by using Supernova for manual trading.
As pointed out to Mike and Lyra a short while ago, the usage of the EA will call for a administrator that can glance at the chart and can also decide whether that trade is wanted or not.
Trading manually is best from the 15M chart, as you do not want to sit in front of your screen forever. There are plenty of example trades described in the Sept-Nov. 2007 timespan of this thread. There is also a completely moderated life trade from trendchaser here!
So the EA will be setable for anyone knowing, what and why he/she is doing it. Otherwise it may not really work - like in your case so far - or you will not know what to do if the market changes.
I guess you have all other settings for your EA in tune, like Allow: Live trading, DLL imports, Import of external adv. etc.! Then theoretically the EA will work. Try to use it with the initial system components described by Master Cryten in the first post. That will be the golden way.

Have a good day!
Ciao!
Gnat
  • #5,510
  • Apr 3, 2008 5:41am Apr 3, 2008 5:41am
Quoting Lyra
Thank you very much Gnat for your help, you are very warmhearted
i am now demo supernova manually but actually i would like to try both manual and EA as i don't have much time sitting in front of the pc and watching the chart. But it seems like there are many version of ea in this thread and i don't know which one to follow.Would u recommend me some of them?

Goodluck to you!

Lyra

p/s it seems like this thread become quiet compare with the past,where is everybody?
Hi Lyra!

OK - there is a way to even trade manually without being glued to the computer all the time: 4H and Daily Supernova (see the post for morpheus).
Then again you are right, there is a multitude of EAs here and so far all of the later ones are BETA-versions, in order to show the ongoing working process. So going live may be a bit risky, especially when you have not taken part in the building process of the robotic helper.
Look into the paperclip up there and you will find a series of betas with the last one being 14. Then you will run into the default settings and nothing will move, so you need to adjust your settings to trade like the manual system was described by Cryten in the first few pages. Going from there you will find out, that there is a multitude of settings, but trading from QQE cross to the next is probably the best way to start.

The thread got a bit more quiet, as the manual traders by now all know their stuff and trade along happily, while the work of the EA crew (most of them also still trading live manually) is more a week to week process and is handled via PM & Email. But the thread is kicking to live every now and then and as you can see, we do not repell new afficinados, but try to help where we can.

Have a good testing phase and ask here, if you need help. BTW - in order to be able to send PMs and not only receive them, you need 15 posts (I guess) here on FF.

Ciao!
Matt
  • #5,511
  • Apr 3, 2008 7:02pm Apr 3, 2008 7:02pm
Could anybody elaborate how does scale out in profit option means and what are the sub-options for that? I see it working but don't know how to change it to optimize
  • #5,512
  • Apr 4, 2008 11:04am Apr 4, 2008 11:04am
On EA SN and trace from the start supernova thread. I am newbie and very thank you to your big work and I wish to himself to I could help soon also.
Please mrs (rmyers , cryten, Gnat, Orion or RR) if me they may direct to:
1) On template EA SN today on screen with GBP/JPY, TF 5M in short trend discovered these lines:
- Gently dash violet line on price 204.87
- Gently dash blue line on price 203.99
- Mediumly dash blue line on price 203.45
- full blue line on price 203.45
In right corner down white notice „ Label"

2) Please is able to somebody explain system different movable colours on candlestick graph
in this EA window template? Or refer to web?http://www.forexfactory.com/images/icons/icon3.gif Sorry to my bad English.


Thank you in advance behind answer.
  • #5,513
  • Apr 4, 2008 11:20am Apr 4, 2008 11:20am
Hallo Carol!

The attachments are now manageable... so you can download it from there!

Have a nice weekend!

GnatMatt
  • #5,514
  • Edited 3:16pm Apr 4, 2008 11:26am | Edited 3:16pm
Quoting vfi2
On EA SN and trace from the start supernova thread. I am newbie and very thank you to your big work and I wish to himself to I could help soon also.
Please mrs (rmyers , cryten, Gnat, Orion or RR) if me they may direct to:
1) On template EA SN today on screen with GBP/JPY, TF 5M in short trend discovered these lines:
- Gently dash violet line on price 204.87
- Gently dash blue line on price 203.99
- Mediumly dash blue line on price 203.45
- full blue line on price 203.45
In right corner down white notice „ Label"

2) Please is able to somebody explain system different movable colours on candlestick graph
in this EA window template? Or refer to web?http://www.forexfactory.com/images/icons/icon3.gif Sorry to my bad English.


Thank you in advance behind answer.
Hallo vfi2!

RR is not in this thread - you find him on the OzFX thread, but nevermind. You seemingly have found someone, who can type your questions in readable format, so please find that person and rephrase your question there.

I have no such lines on my chart, apart from a pink dotted line, which is the PSAR in bearish pursuit and yellow in the bullish version. Otherwise there are no such lines at the described levels on my GBPJPY chart or elsewhere.

I am sorry, but maybe I just completely missed the point of your question. I would love to help, though, and would be happy if you could find someone to translate for you.

Have a nice weekend!
Gnat (LOL - although I am only second choice!
  • #5,515
  • Apr 4, 2008 11:31am Apr 4, 2008 11:31am
Quoting jasius
Could anybody elaborate how does scale out in profit option means and what are the sub-options for that? I see it working but don't know how to change it to optimize
Hallo Jasius!

On that topic we still wait for some input from Rick, who is on a business trip for the week.
Did you get the problem solved with only three of all your EA installations showing the full text in the window? Somehow that was really strange.

Keep you posted!
Ciao!
Matt
  • #5,516
  • Apr 4, 2008 12:02pm Apr 4, 2008 12:02pm
To Gnat,

very thank you Gnat so I send screenshot for an explanation my questions. These lines aren't in PSAR. But nevertheless thank you behind fast response.

Nice weekend and I please on your next post.

Again big thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: Screen EA SN 1.7 b 14.jpg Size: 173 KB
  • #5,517
  • Apr 4, 2008 3:15pm Apr 4, 2008 3:15pm
Good evening, Brandybird!

How have you been? I hope you will have a nice weekend! I will PM you later on the weekend!

Ciao!
GnatMatt
  • #5,518
  • Apr 4, 2008 3:25pm Apr 4, 2008 3:25pm
Quoting vfi2
To Gnat,

very thank you Gnat so I send screenshot for an explanation my questions. These lines aren't in PSAR. But nevertheless thank you behind fast response.

Nice weekend and I please on your next post.

Again big thanks.
Hallo Vfi!

These may be pivots, but the whole setup is not a Supernova template. Please download the ZIP file on the very first post from Cryten. There are all the needed indicators in it and also a template, that you can load onto your MT4 platform.
You will be confronted with a multitude of indictors and you only need a few of them. QQEA, DMI, MOM and the Heiken Ashi Bars and T3 plus PSAR stay on the chart. All others can be minimized.
If you have any trounble getting the indicators and the template to work, please let me know.

Have a good weekend!
Ciao!
Gnat

On GBPJPY 203.58 was the daily pivot ... so these must have been pivot points for today.
  • #5,519
  • Apr 4, 2008 5:16pm Apr 4, 2008 5:16pm
So im a little confused about this EA. Does this EA actually do automatic trade or does it just give u alerts? Im trying to use it but i havent seen it do any trades and its set to the 5min chart.
  • #5,520
  • Apr 4, 2008 5:40pm Apr 4, 2008 5:40pm
Quoting Gnat
Hallo Jasius!

On that topic we still wait for some input from Rick, who is on a business trip for the week.
Did you get the problem solved with only three of all your EA installations showing the full text in the window? Somehow that was really strange.

Keep you posted!
Ciao!
Matt
Believe it or not, QQE indicator was killing mu Metatrader: not showing up the EA and simply crashing, So I just removed it and now everything is workin
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