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The art of Trading MAs

  • #241
  • Jun 17, 2008 2:22pm Jun 17, 2008 2:22pm
Quoting endroute
BARS BACK - 240
M - 4
I - 0
KSTD - 1.0
SNAME - 500
9c trade system. I would like to know if you use the same COG settings for all time frames or it's just for 1Hour charts.
  • #242
  • Jun 17, 2008 3:22pm Jun 17, 2008 3:22pm
Dani,

From the very first post of this thread, endroute states:

"I typically do not set stop losses unless I am going to be away for a while, if I do I only set them at 20 - 50 pips depending on the pair I am trading, gbp/jpy gets 50 the rest 20.""

So he sets them only if he isn't going to watch them.

Scott

Quoting dan_mir
Scott,
I have to correct you. endroute does place SL. He wrote he uses 20 pip for all the pairs he trades, except for GJ where he uses 50. I add the spread to these numbers to be on the safe side. As for TP, he waits for the EMA to cross.
I agree with your first point. BTW, take a screen capture when you take the trade. That way, when you go over your trades at the end of the day, you can remember why did you take the trade. very easy in MT4.
BR
Dani M.
Prices are never too high to begin buying or too low to begin selling.
  • #243
  • Jun 17, 2008 3:33pm Jun 17, 2008 3:33pm
Quoting thehenryfam
Dani,
From the very first post of this thread, endroute states:
"I typically do not set stop losses unless I am going to be away for a while, if I do I only set them at 20 - 50 pips depending on the pair I am trading, gbp/jpy gets 50 the rest 20.""
So he sets them only if he isn't going to watch them.
Scott
OK, I probably missed the first sentense, but for me, not setting SL is too dangerous. I never trade without SL. It not that I don't believe in manual/mental SL, It is because I don't trust my Internet & electricity providers !!!
Dani M.
  • #244
  • Jun 17, 2008 8:24pm Jun 17, 2008 8:24pm
And so it goes
  • #245
  • Jun 17, 2008 8:32pm Jun 17, 2008 8:32pm
Quoting endroute
And so it goes
My long trades on EU & AU still have gone up much yet (since 10 hrs ago).... EU up by 10 pips only & AU up 10 pips (then down again.. but still +ve pips).

Do I need to put SL or TS? If I need to, how much should be put?

Thanks....
  • #246
  • Jun 17, 2008 8:38pm Jun 17, 2008 8:38pm
I've set all my charts to 4 hr tf and have three trades in positive territory...buy eu-gb, 2 sells ...gb/jp and nz/us

one yet to go positive...sell au/us.

I'm erring on the side of trades that are close to the orange line with a nice strong angle as they retrace.
The road to pipland is arduous and fraught with challenge.
  • #247
  • Jun 17, 2008 8:45pm Jun 17, 2008 8:45pm
I reckon the stronger the angle, the less of an issue repainting becomes.

Make sense?
The road to pipland is arduous and fraught with challenge.
  • #248
  • Jun 17, 2008 9:24pm Jun 17, 2008 9:24pm
Not sure on that ... Repainting is a big , big issue. Everything looks pretty in past tense. Obviously, nothing can predict future or we would all be rich!..
Still not sure if this is good yet. Over on a 4 hour , under on a 1 hour...
direction is still a tough one.
  • #249
  • Jun 17, 2008 9:35pm Jun 17, 2008 9:35pm
The COG reminds me of the liner regression channel with MT4 with the added advantage of curving with the trend. I'm going to play around with it to get a feel for its weaknesses. Thus far all my trades are in the right direction. Consequently, if you guys have any suggestions for working with the repainting drawback, I'ld be delighted.
The road to pipland is arduous and fraught with challenge.
  • #250
  • Jun 17, 2008 10:06pm Jun 17, 2008 10:06pm
Well, we have to live with repainting... I think the trick is to trust the backtesting on this.
I am trading 1 hour stuff live .10-.15 cent pip stuff. - (green to green with crosss) so far mixed results but not much risk eithor so no sweat.. if the yellow cross showes up somewhere I might get bigger. Good luck.
You could always play with bars back and "tighten" it up to 500 but its so early in this ea that can't make recommendation.
  • #251
  • Jun 17, 2008 10:15pm Jun 17, 2008 10:15pm
I'm resigned to repainting being a drawback (tolerable nuisance factor). The COG is still an awesome tool to have in my arsenal. Cheers endroute.
The road to pipland is arduous and fraught with challenge.
  • #252
  • Jun 17, 2008 10:28pm Jun 17, 2008 10:28pm
  •  Derm
  • | Joined Aug 2007 | Status: It's all about The Pips | 42 Posts
I stumbled across this thread earlier this evening,

I have read it's entirety and can't wait to test it on demo tomorrow.

If one looks at any trending time period in any market, we will see that a high/low ma cross can almost always mean mega pips. The problem has always been a decent filter to keep you away from the false signals.

I hope that COG is that filter. I came across it a few months ago, didn't really give it any time and ended up dismissing it. A big big thanks to Endroute for your strategy and giving it some meaning.
  • #253
  • Jun 17, 2008 10:44pm Jun 17, 2008 10:44pm
What is COG indicator, I have never heard of it and which platform offers it?
Thanks for your response.

My email address is: [email protected]
  • #254
  • Jun 17, 2008 10:47pm Jun 17, 2008 10:47pm
  •  Derm
  • | Joined Aug 2007 | Status: It's all about The Pips | 42 Posts
A lot of you here have commented on the repainting of COG, this is the way I see it.

When you enter an amount in 'bars back' it plots curves based on the values between the 1st bar and the last bar, plus all in between. So, if we enter 240 as per Endroutes' strategy it makes a calculation based on the information in the last 240 bars. 0-240. Point 1.

If we look at COG at a later time, eg, 30 bars later, COG is still showing calculations from the last 240 bars. In point 1 it was from bar 0 - bar 240, now (point 2) it is from bar 30 - bar 270.

If we take a random bar, say bar 100. Its value (of all the bars) on a range of 0-240 will normally be different than its value (of all the bars) on a range of 30-270.

I am not a mathematician in any shape or form but I see COG working (in terms of outcome) very similar to a moving average. One ma will give a different value to another (apart from the exact cross), due to the fact that they are formulating different information.

Bar 100 in point 1 is calculated on different information to bar 130 in point 2, even though that bar and therefore it's values are identical. Its place in the big picture has changed, and, therefore COG repaints to show that change.

For arguments sake lets pretend we start at zero and we know that each bar increases by 2.5 pips. In point 1, the 100th bar has a value of 250. COG gives that bar a value of 250, the COG curve is in proportion to it's place in 0-600 (240x2.5).

In point 2 it's value is still 250, but now the COG curve is in proportion to it's place in 75 - 675.

Off course most markets are like yo-yo's, hence the wave effect.

I off course could be totally wrong and barking up the wrong tree! Won't be the first time.

Any thoughts?
  • #255
  • Jun 17, 2008 11:04pm Jun 17, 2008 11:04pm
Essentially the charts centre of gravity is shifting with time and consequently, each point in that chart also reflects that altered dynamic with the centre as the centre moves. So in effect repainting is a function of the plotting the centre.

Ideally, a COG setting that finds the most extremes of move that consistently lie beyond its green parameters irrespective of future realignments of the centre, is what I had in mind.

BTW 4xW, thanks for the suggestion.
The road to pipland is arduous and fraught with challenge.
  • #256
  • Jun 18, 2008 12:39am Jun 18, 2008 12:39am
Quoting 4XWeezal
Not sure on that ... Repainting is a big , big issue. Everything looks pretty in past tense. Obviously, nothing can predict future or we would all be rich!..
Still not sure if this is good yet. Over on a 4 hour , under on a 1 hour...
direction is still a tough one.
I agree Weezal...

If you come to this thread and then set up the indicators and look back at potential trades it feels like you just stumbled accross a gold mine but until you see this thing live you realize all those trades you see in hindsight prob weren't even there at the time (in realtime).

It's funny to hear the excitement in the posts of newcomers - I felt the same way until I saw this live!

Ive never seen a more useless indicator that is the COG and endroute still wondering when those few hundred pips a day are gonna kick in!

Maybe there is another way to interpret the COG that I just haven't learn't but anyway thats my opinion.
Time hides Nothing
  • #257
  • Jun 18, 2008 12:54am Jun 18, 2008 12:54am
Quoting CindyXXXX
I agree Weezal...

If you come to this thread and then set up the indicators and look back at potential trades it feels like you just stumbled accross a gold mine but until you see this thing live you realize all those trades you see in hindsight prob weren't even there at the time (in realtime).

It's funny to hear the excitement in the posts of newcomers - I felt the same way until I saw this live!

Ive never seen a more useless indicator that is the COG and endroute still wondering when those few hundred pips a day are gonna kick in!

Maybe there is another way to interpret the COG that I just haven't learn't but anyway thats my opinion.
You cannot interpret a moving target cindy agreed...but the COG does have some uses for me and is good for my purposes to that degree.
The road to pipland is arduous and fraught with challenge.
  • #258
  • Jun 18, 2008 1:17am Jun 18, 2008 1:17am
[quote=CindyXXXX;2061340]
Ive never seen a more useless indicator that is the COG and endroute still wondering when those few hundred pips a day are gonna kick in!
[quote]

Cindy, I bagged about 150 pips with this system yesterday.

Yes the COG repaints, but I'm finding it is still a very useful filter. I also flick between a number of timeframes and make sure that a potential signal makes sense in the broader context.

Endroute, thanks heaps for sharing your simple and straightforward system. Good trading to you!

Kind Regards,
Matt.
  • #259
  • Jun 18, 2008 1:23am Jun 18, 2008 1:23am
[quote=mjs12;2061389][quote=CindyXXXX;2061340]
Ive never seen a more useless indicator that is the COG and endroute still wondering when those few hundred pips a day are gonna kick in!
Quote

Cindy, I bagged about 150 pips with this system yesterday.

Yes the COG repaints, but I'm finding it is still a very useful filter. I also flick between a number of timeframes and make sure that a potential signal makes sense in the broader context.

Endroute, thanks heaps for sharing your simple and straightforward system. Good trading to you!

Kind Regards,
Matt.

Are you using all of endroutes COG settings matt? I also bagged about 100 pips today but am trying to minimise the repainting.

Darryl
The road to pipland is arduous and fraught with challenge.
  • #260
  • Jun 18, 2008 4:09am Jun 18, 2008 4:09am
You are a tuff chick Cindy but people here claim that they are making money so give it a chanse also there have been alot of explaing around the repainting i am also verry sceptic to it but some nice people explain it to me and im going to look at it when i have seen it in real action not backtesting just in real time i can say if it is for me or not.


Best regards
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