ATP (Advanced Trading Philosophy) - Phasing into Income Potential
Hi Damonl,
I'd like to understand the repainting of the indicators. Both SWI and NL repaints only on the current candle right? After the candle closes, the corresponding SWI bar and NL line is final already, right?
Please advise...
Thanks for the great work guys
What is EA.
I have always assumed its some form of program that automatically run ur account. Am i right.
On downloading it, how do I get it to run.
Many thanks.
@ Damon
Just an aside; Funny but I still find the 533CT from d other thread still very profitable whenever its signalled.
But i think we re gearing up for some greater gains with this current system.
I am rounding up on the EA but before then I just tested with another small MM and we have our account size doubled in 2 months trading just one currency pair. That means if we trade all 14 pairs then we would have doubled our account by 14 and if we apply our exact money management it will be another 2.5 multiplication i.e. totsl multiplication of account size in 35 times.
Let me finish up and do the back testing post then all of us can backtest using our various systems to know the best.
damonl, burt625, kenmania, it has been done.
Hi Walesoje1,
Ok. I'm sorry. This is edited already...
1)
<SYMBOL> M1440: Signal for SELL.
Is this alert from the OSD or the NL? I presume OSD as I get the alert every after I go to the properties window of OSD.
I also get it whenever I reset the chart, or, click between TFs. I was looking for an alert extern inputs but none at all.
2)
Solar wind on <SYMBOL> crossed below 0.
Also, this one alerts even when Signal Alert is FALSE on properties of the SWI.
ps: the <SYMBOL> represents any symbol the alert is alerting on.
So far, just these observations. ROK ON!!!
Hello rsbgm,
What version of the OSD were you using?
The Signal for Sell is by the Damonl smNonLagMA_v1
The solarwind crosses is by the SolarWind_ACS3.
The signal on the SWI shouldn't be false because they are direct signals from SWI.
Use the new OSD version and you won't have any problems.
Postrock,
I have an idea of what you were talking about but that would be making use of too much of our screen size particularly now that we are trading 14 pairs.
I will try working it out though.
Good suggestion.
So..Here we go. I think you will like this better, but please be honest.
Money Management:
I was thinking about using 1 lot for GJ and GCHF. 2 lots for EA, ECAD, and EJ. And 3 lots for the remainder of the 14 pairs that we are trading.
For this we will only need the D1 chart and the SWI indicator v3 (settings as we currently have them) along with Bill William's Accelerator Oscillator
Entry Strategies:We should use are normal entrance rules when placing orders.
Exit Strategy:
Finding this exit strategy has made this whole change possible. You will see how we will be able to leave the markets almost everytime with a profit or with only small losses.
To calculate 15%, subtract the high of the bar from the low of the bar and multiply that by 15%. Then add it to the high of the bar for a short order or subtract that from the low of the bar for a long order. If there has been a lot of movement that day you may want to consider using 10% instead of 15% and if there was very little movement (under 85 pips) you may want to consider just picking a number like 25 pips or so.
In fact this could be a rule. If bar movement is under 85 pips, use a 25 pip cushion constant. If bar movement was between 86 - 175 pips use 15% and anything over 176 pips use 10% calculations. This will get us close.
For now, Sunday bars should be considered a bar all by themselves for exiting th emarket, but hsould be merged with Friday's bar for entrances..
I think that should just about do it. Please look it over, but I think you will like this very much at least for the exit because it is based on an indicator that does not repaint.
