GBP/JPY for QQE Traders! | Page 112 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

GBP/JPY

Similar Threads

QQE on metatrader 0 replies

QQE Gann Indicator 1 reply

qqe help 3 replies

QzFX vs. QQE 5 replies

QQE and Gann Hi Lo Indicator 3 replies

Attachments: GBP/JPY for QQE Traders!
Exit Attachments

GBP/JPY for QQE Traders!

  • #2,221
  • Jun 24, 2008 3:58am Jun 24, 2008 3:58am
Nobitacu,

Do you wait for the QQE to cross 50 , then also you enter? or you just look at the pointing direction of up/ down. That is after the Ma crosses. Thank you
  • #2,222
  • Jun 24, 2008 4:02am Jun 24, 2008 4:02am
Quoting Pips_Cruiser
Kenu - I used to be able to refer you to the Aus website with MT4 setups. But we don't have that right now. I can't recall if MT4 comes with 3 lines and you have to get rid of one or not. But on VT we keep the RSI-Index as the solid line, and use RSI-Slow as the dashed line. The RSI-Fast is made transparent, since we don't need it. I wonder if your problem could be in there somewhere?
Plus the smoothing factor should be set to 5 . . .
  • #2,223
  • Edited 4:16am Jun 24, 2008 4:02am | Edited 4:16am
Quoting fxhaz
Nobitacu,

Do you wait for the QQE to cross 50 , then also you enter? or you just look at the pointing direction of up/ down. That is after the Ma crosses. Thank you
Nope, don't worry about the 50 line. We just need to look at the pointing direction of up/down and the slope of the 25MA line.

For example: I just entered EU Buy as it just confirmed at the opening of this candle. The MA lines has a nice gap between them, 25 MA is pointing up with a nice slope angle, and QQE50 has crossed up over both dotted lines, with now both dotted lines also pointing up. So I entered as this new hour candle opened @5567 with TP/SL at 25 pips. I'm still testing this method by the way, as it was first for trading GJ, but found out it also should work well with other pairs, so decided to test out using 25/25 for TP/SL with other pairs. It's not fully tested if the 25 pip SL will be enough for the pairs to move, since it is a bit tight, but that's why we're testing, so if SL is hit more often than not with 25 pip SL, then I guess SL would need to be readjusted... But... I want to try to keep 1:1 ratio with reward/risk. So if anyone has different TP/SL settings we can test, feel free to suggest it.

GJ TP/SL I'm using 50/50.

My friend uses no SL at times... but I really don't feel comfortable without it, so that's why I'm testing it with QQE with SL placed.
  • #2,224
  • Jun 24, 2008 4:12am Jun 24, 2008 4:12am
Thanks for the clarification.
  • #2,225
  • Jun 24, 2008 4:17am Jun 24, 2008 4:17am
Very strange indeed now that you've posted your chart ......... because yours is showing different from mine and the other person I know. My cross over point at that time frame is at 11.00am on 23rd June as attachment shows, the other persons is 8am on 23rd June but yours is 8pm on the 22nd June.

The QQE smoothing values are the same Nobitacu.

The only thing I could conclude is that I am using a different QQE on my MT4? The one I'm using is enclosed but it is the latest version (V.5). If you have a MT4 version to post that will be really helpful as I've tried this thread and version 5 is the latest version.

Thanks.


Quoting Pips_Cruiser
Hmm . . . something does look wrong there. Here's mine, but the times are in EDT.
Attached File(s)
File Type: ex4 ###QQE_Alert_MTF_v5###.ex4   19 KB | 493 downloads
  • #2,226
  • Jun 24, 2008 4:24am Jun 24, 2008 4:24am
Quoting Kenu
Very strange indeed now that you've posted your chart ......... because yours is showing different from mine and the other person I know. My cross over point at that time frame is at 11.00am on 23rd June as attachment shows, the other persons is 8am on 23rd June but yours is 8pm on the 22nd June.

The QQE smoothing values are the same Nobitacu.

The only thing I could conclude is that I am using a different QQE on my MT4? The one I'm using is enclosed but it is the latest version (V.5). If you have a MT4 version to post that will be really helpful as I've tried this thread and version 5 is the latest version.

Thanks.
Yup, V5 is the latest version, and same version I'm using now... Not sure why both of yours would be different then. Actually, I found out my EJ QQE crossings are also different than my friend, which is using the same broker and same QQE value as me. I couldn't find out why either as to why it happened... It's strange... But EJ is the only pair that I had that problem with, which showed crossing at a different place/time than others.

Here's mine... You can see if it'll make any difference...
Attached File(s)
File Type: ex4 QQE_Alert_MTF_v5.ex4   19 KB | 532 downloads
  • #2,227
  • Jun 24, 2008 4:31am Jun 24, 2008 4:31am
Quoting Kenu
Very strange indeed now that you've posted your chart ......... because yours is showing different from mine and the other person I know. My cross over point at that time frame is at 11.00am on 23rd June as attachment shows, the other persons is 8am on 23rd June but yours is 8pm on the 22nd June.

The QQE smoothing values are the same Nobitacu.

The only thing I could conclude is that I am using a different QQE on my MT4? The one I'm using is enclosed but it is the latest version (V.5). If you have a MT4 version to post that will be really helpful as I've tried this thread and version 5 is the latest version.

Thanks.
Indicators are always more likely to be out of sync on Mondays. Broker open and close times are the biggest culprit for that. Plus my chart has US Eastern Daylight Savings times, while yours (if I'm not mistaken) is GMT.

Did you read my other post to you, about the RSI fast and slow lines?

Glad to see Nobi is also helping you with this . . .
  • #2,228
  • Jun 24, 2008 4:31am Jun 24, 2008 4:31am
Quoting Nobitacu
Yup, V5 is the latest version, and same version I'm using now... Not sure why both of yours would be different then. Actually, I found out my EJ QQE crossings are also different than my friend, which is using the same broker and same QQE value as me. I couldn't find out why either as to why it happened... It's strange... But EJ is the only pair that I had that problem with, which showed crossing at a different place/time than others.
In different time zones the day ends at a different time. A daily candle can close red on my chart and in a few hours turn green and close green on yours. This makes the daily and even 4h charts look different.
  • #2,229
  • Jun 24, 2008 4:33am Jun 24, 2008 4:33am
Quoting Pips_Cruiser
Indicators are always more likely to be out of sync on Mondays. Broker open and close times are the biggest culprit for that. Plus my chart has US Eastern Daylight Savings times, while yours (if I'm not mistaken) is GMT.

Did you read my other post to you, about the RSI fast and slow lines?

Glad to see Nobi is also helping you with this . . .
Ah... very good point. Wonder why that didn't cross my mind today. lol, it's Monday... -_-"
  • #2,230
  • Jun 24, 2008 4:40am Jun 24, 2008 4:40am
I'll post my charts to see if I can help too. As you can see Kenu they are pretty much exactly the same as Pips Cruisers' but the times are different. This is because different brokers have different time zone settings relative to GMT. I am on ODL so I am GMT. I find it useful when trying to get my charts aligned with others, to look at the QQE crosses in relation to the chart above. So for instance, you can see that my QQE5 cross happens njust below that big dip from the yellow GANN line. Don't worry too much about actual times because each broker is different.

My QQE cross seems to happen a good few hours after yours PC, I wonder why that is. I assume different brokers have slight differences, although the crossover happened at exactly the same time on my backup broker Alpari. Am I missing something. Smoothing value set to 5 and the non relevant RSI line is blacked out (I've tried switching them around so I know I've got the right RSI line blacked out)

Any ideas?
Attached Image (click to enlarge)
Click to Enlarge Name: mycharts.GIF Size: 36 KB
  • #2,231
  • Jun 24, 2008 4:42am Jun 24, 2008 4:42am
Thanks for your encouragement and kind words Nobitacu.

And it seems that while I was taking some time to put my post together answering Kenu's problem, many others have answered before me! So apologies for the reiteration.
  • #2,232
  • Jun 24, 2008 4:46am Jun 24, 2008 4:46am
Quoting TiaForex
Thanks for your encouragement and kind words Nobitacu.

And it seems that while I was taking some time to put my post together answering Kenu's problem, many others have answered before me! So apologies for the reiteration.
No no no, the more people who is willing the help out others, the better we can all learn and improve from each other. No need to apologies.
  • #2,233
  • Jun 24, 2008 8:43am Jun 24, 2008 8:43am
Thanks Pip Cruiser, Nobitacu, Prin, TiaForex,

…..for the help regarding the QQE issue. Some valid reasons and I suppose it is one of those things even though my indicator, settings, broker etc is all the same as the person I know but with different crossing over periods.

I’ll keep an eye on it and keep you posted as it may only be for Monday as you have mentioned

I’ll also look at the slow and fast RSI too PC.

Tried your indictor Nobitacu, same issue as it.

Thanks once again for you contributions!

Kenu
  • #2,234
  • Edited 11:03am Jun 24, 2008 9:04am | Edited 11:03am
Not sure if anyone took the EU trade last night when I mentioned it with the QQE KISS Method, but it just hit TP. =)

But I just missed UJ entrance at the opening of this candle... Wasn't watching the chart and missed it by 3 minutes...
  • #2,235
  • Jun 24, 2008 11:28am Jun 24, 2008 11:28am
Quoting TiaForex
I'll post my charts to see if I can help too. As you can see Kenu they are pretty much exactly the same as Pips Cruisers' but the times are different. This is because different brokers have different time zone settings relative to GMT. I am on ODL so I am GMT. I find it useful when trying to get my charts aligned with others, to look at the QQE crosses in relation to the chart above. So for instance, you can see that my QQE5 cross happens njust below that big dip from the yellow GANN line. Don't worry too much about actual times because each broker is different.

My QQE cross seems to happen a good few hours after yours PC, I wonder why that is. I assume different brokers have slight differences, although the crossover happened at exactly the same time on my backup broker Alpari. Am I missing something. Smoothing value set to 5 and the non relevant RSI line is blacked out (I've tried switching them around so I know I've got the right RSI line blacked out)

Any ideas?
Can you please the template too.

Thanx in advance.
  • #2,236
  • Jun 24, 2008 12:36pm Jun 24, 2008 12:36pm
Quoting TiaForex
I'll post my charts to see if I can help too. As you can see Kenu they are pretty much exactly the same as Pips Cruisers' but the times are different. This is because different brokers have different time zone settings relative to GMT. I am on ODL so I am GMT. I find it useful when trying to get my charts aligned with others, to look at the QQE crosses in relation to the chart above. So for instance, you can see that my QQE5 cross happens njust below that big dip from the yellow GANN line. Don't worry too much about actual times because each broker is different.

My QQE cross seems to happen a good few hours after yours PC, I wonder why that is. I assume different brokers have slight differences, although the crossover happened at exactly the same time on my backup broker Alpari. Am I missing something. Smoothing value set to 5 and the non relevant RSI line is blacked out (I've tried switching them around so I know I've got the right RSI line blacked out)

Any ideas?
My QQE's are pretty darn close to yours if we adjust times. Your setups sound correct. I'm still a little concerned that Kenu's might be setup wrong, but it could be temporary because of broker data. Time will tell. It seems like we usually catch differences with pivots and sometimes MA's on Monday.

P.S. - Your input is always appreciated, as is everyone else's.
  • #2,237
  • Jun 24, 2008 1:43pm Jun 24, 2008 1:43pm
Quoting rajat.ind
Can you please the template too.

Thanx in advance.
I think you can find the template on the auslanco thread. Do a search on FF for auslanco 15min and you'll find it there. On that thread, look at the paperclip icon on the top right and there are several different versions of the template. You can choose the one that best suits you.

Hope that helps.
  • #2,238
  • Jun 24, 2008 3:09pm Jun 24, 2008 3:09pm
Quoting TiaForex
I think you can find the template on the auslanco thread. Do a search on FF for auslanco 15min and you'll find it there. On that thread, look at the paperclip icon on the top right and there are several different versions of the template. You can choose the one that best suits you.

Hope that helps.
I actually made templates for it as well to trade the AUS M15 Strategy, and it's actually been uploaded to this thread. So just like Tia said, just click on the paper clip icon on the top right corner, you'll see all the files, just look for the newest one there.
  • #2,239
  • Jun 24, 2008 11:02pm Jun 24, 2008 11:02pm
Hi Nobitacu,What is the rule during news time. Do you still enter when the signals all line up?
Thanks
  • #2,240
  • Edited 3:48am Jun 25, 2008 3:17am | Edited 3:48am
Quoting fxhaz
Hi Nobitacu,What is the rule during news time. Do you still enter when the signals all line up?
Thanks
It really depends on what news it is, if it is a major news or not. I tend to stay away from the bigger high impact news like the NFS.

But either way... you have to trade more often than not even with some news. If you're going to avoid entering a trade because of news, then you'll pretty much be sitting out 80% of the time since there's always a news release here and there...

Trichet is speaking soon however, so hoping for some good news for EUR. ^^"
*edit* and it is. ^^
0 traders viewing now