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VantagePoint discussion thread

  • #981
  • Jan 25, 2007 9:43pm Jan 25, 2007 9:43pm
Cyclone,

the new VP7.0 includes predicted Stoch, MACD, & RSI.... not just Stoch...
  • #982
  • Jan 25, 2007 10:02pm Jan 25, 2007 10:02pm
Thanks Cyclone,

Traders helping traders

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #983
  • Edited 10:30pm Jan 25, 2007 10:16pm | Edited 10:30pm
Quoting Tango46
Cyclone,

the new VP7.0 includes predicted Stoch, MACD, & RSI.... not just Stoch...
IMHO

Yes but they can not be displayed together though like this chart. and these are not predicted. Remember another set of Charts that are not predicted can confirm.

VP7 has some good features, but as someone who was a system engineer on a mainframe, I still think VP7 is lacking in features too. I worked high up on the I-Beam (IBM). I have dealt with automated recovery packages on a mainframe; Sometimes they work, some times they don't.

I guess what I am saying is know your risk or be willing to lose it all (because your might). I have been going over stop loss senairos in the past few weeks and see it is hard to predict anything for sure.

That is my opinion.

Cyclone
Attached Image
Cyclone
  • #984
  • Edited 12:16pm Jan 26, 2007 11:55am | Edited 12:16pm
Hello everyone,

I have just recently found this forum and have been trying to digest all of the great information on in this forum. If this has been suggested already please forgive me.

I have just started forward testing the 4 out of 5 method using two additional charts as conformation. I am looking at the 4 out of 5 method on the respective currency futures and only trade when all three give a signal. (the pair, and both their futures charts)

I am not sure how to go about back-testing, but looking manually at the USD/JPY from 10/25/06 I see that it would have saved me from 4 losing trades and kept me out of 1 winning trade.

I know that 2 months is in no way an accurate assessment but I though I would throw the idea out there.

Thanks again for everyone in this forum with their great information.
  • #985
  • Jan 26, 2007 12:25pm Jan 26, 2007 12:25pm
Cyclone

Would you mind posting your CZI indicator-as the one I had originally from FX Sniper is now no longer valid.

Visually at least, I think there is some merit in using a combo of Woodies CCI's patterns and the 'signals' from VP. Nothing factual to post about it, just a 'feeling in my water' so to speak!

I must get back to reading those tealeaves!!

Many thanks


Kermit
  • #986
  • Jan 26, 2007 6:46pm Jan 26, 2007 6:46pm
Quoting Kermit1964
Cyclone

Would you mind posting your CZI indicator-as the one I had originally from FX Sniper is now no longer valid.

Visually at least, I think there is some merit in using a combo of Woodies CCI's patterns and the 'signals' from VP. Nothing factual to post about it, just a 'feeling in my water' so to speak!

I must get back to reading those tealeaves!!

Many thanks


Kermit
I have been using them while killing a demo account with a Expert Advisor Hedge program. I like being able to switch between time frames and seeing what is happening.

Here is Woodies complete set of Mt4 indicators. I think they are current.

Also I am posting an interesting freeware program that shows which market is open but it is synced to EST. Forex Market Hours

Enjoy

Cyclone
Attached File(s)
File Type: zip woodies_cci.zip   31 KB | 416 downloads
File Type: zip Forex Market Hours.zip   302 KB | 423 downloads
Cyclone
  • #987
  • Jan 26, 2007 7:17pm Jan 26, 2007 7:17pm
Here is a site I found that many of you might find useful.

It has many pages of useful tools including a really nice Position Sizing Calculator http://www.mataf.net/en/money-management.htm

Position Sizing

The following form will help you to determine the best size of your position. The system adjusts the size with the pair you trade, your equity, the entry and exit prices and, of course, the maximum risk per trade.
Depending of your account (equity, currency of the account) the pair you trade and the risk you accept on one trade the program will calculate the exact position sizing you have to use for your trade.
Many brokers don't give the possibility to trade without fixed contract size (10k$, 50k$, 100k$...) it's the reason we add the number of contract you have to trade in a table. The risk and the leverage are updated for each case.


Hope people here find it useful

Cyclone
Cyclone
  • #988
  • Jan 26, 2007 10:51pm Jan 26, 2007 10:51pm
Howdy Cyclone,

Where were U when I was putting together my Lot caculator. The 1 U posted is much simpler because it enters for U the pip value for the cross U are trading great job.

Fellow Pip Hunter
Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #989
  • Jan 27, 2007 7:21pm Jan 27, 2007 7:21pm
Hi All: I am a newbie forex trader. I am also new to this forum. I have been doing some due diligrnce on the VantagePoint software. Other forums have directed me here because they said that users here were having good results.

My question is it an appropriate software for a new trader or for someone with experience?

I would appreciate any comments or suggestions.

Thanks
Spent
  • #990
  • Edited Jan 28, 2007 3:20am Jan 27, 2007 8:45pm | Edited Jan 28, 2007 3:20am
Quoting spent
Hi All: I am a newbie forex trader. I am also new to this forum. I have been doing some due diligrnce on the VantagePoint software. Other forums have directed me here because they said that users here were having good results.

My question is it an appropriate software for a new trader or for someone with experience?

I would appreciate any comments or suggestions.

Thanks
Spent
Personally as a new trader, I would take a few months to get used to the vp software, and demo a trading account for a while. Lose demo money first before you go live. Here is a place that gives 90 days {link removed, see rule 3}

I use MetaTrader from their demo programs. There are a lot of groups that make indicators and other addons for the program that are free.

Check out this http://www.forexfactory.com/showpost...&postcount=851 for some seminars, take a week and read all the posts here in this thread. There are several people here that have given good information on using the product.

Your first year is a big learning curve, so don't be in a hurry to lose real money.
Practice, Practice, Practice.

I personally attend as many free online seminars as I can, once, twice, even three times.

If you are consistently making money after a few months or more on a demo account; then trade with real money.

I learned the hard way, but you don't have too.

Thats my opinion

Cyclone
Cyclone
  • #991
  • Jan 29, 2007 5:39pm Jan 29, 2007 5:39pm
Good evening from the UK! Bought the sysem today .Should be delivered by the end of the week. Read some off-putting reviews from forexbastards, and was relieved to find this site which appears to be inhabited by sensible people making money from the software.
I shall look forward to using the product, and hopefully share in your success.
  • #992
  • Jan 29, 2007 6:33pm Jan 29, 2007 6:33pm
Welcome penycae,

There are a lot of people here to help in Ur journey with VP. Please make sure that U read the entire thread since there are many different methods of trading with VP. (there will B a test after) If you have any questions feel free to ask but again read the whole thread first.

Good Luck
Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #993
  • Jan 30, 2007 5:14pm Jan 30, 2007 5:14pm
Has anyone had a similar problem with VP 7.0?

All Forex pairs will chart and show the history etc., except USDJPY.

USDJPY will chart in UA 2.9.3

I get an error notice of a displacement by -4. On the advice of Rudi from UA I refreshed the price history for that particular pair. No change in VP.

George from VP has no answer.

Rudi now suggests, as a last resort, "to delete the CSI70 folder using
Windows Explorer.

Relaunch UA and select Portfolio/Rewrite Files immediately.

This will rebuild the entire data directory so Vantage Point software
can reread the files."

Suggestions please.
Attached Image
  • #994
  • Jan 30, 2007 8:04pm Jan 30, 2007 8:04pm
Tinity,

Havent seen that exact error, but the advice to try reloading all CSI data makes sense.. worth a try, I would say.

I've just noticed a funky event with AUD/JPY between my 2 copies of VP7.0... <1 on laptop, 1 on desktop>

The desktop machine shows neural index & strength 'flatlined' starting on 01/17 & continuing right on thru today (01/30)...

but on the laptop, the flatlining started on 01/17, but on 01/29, both popped up, then went back down to the 'flatline' values on 01/30.... go figure??

Not sure where to look for the cause in this wierd case.... anybody else seen this??
Attached File(s)
File Type: doc VP_happysnap_AUDJPY.doc   195 KB | 381 downloads
  • #995
  • Jan 31, 2007 3:06am Jan 31, 2007 3:06am
Quoting Trinity
Has anyone had a similar problem with VP 7.0?

All Forex pairs will chart and show the history etc., except USDJPY.

USDJPY will chart in UA 2.9.3

I get an error notice of a displacement by -4. On the advice of Rudi from UA I refreshed the price history for that particular pair. No change in VP.

George from VP has no answer.

Rudi now suggests, as a last resort, "to delete the CSI70 folder using
Windows Explorer.

Relaunch UA and select Portfolio/Rewrite Files immediately.

This will rebuild the entire data directory so Vantage Point software
can reread the files."

Suggestions please.
-------------------------------------------

This solved this problem:

I deleted CS70 folder in WIN Explorer, then rewrote files immediately.

In VP 7.0 I "configured portfolio", but USDJPY still would not chart etc.

I then "cleared portfolio predictions" in VP 7.0, and again "configured
portfolio".

USDJPY then charted and showed history etc.

This may help others.
  • #996
  • Feb 4, 2007 12:39pm Feb 4, 2007 12:39pm
Howdy all,

Not satisfied with making unbelievable amount of pips with the method I was already using, I started backtesing a very simple system of just using the Neural Index alone. So when I recieved a signal of "1" I went Long and when I recieved a "0" I went short. The way I tested is taking the open price of the next candle of course and taking the MAX value price it went in my favor before getting a opposite signal. The results were very surprising. I back tested from 1/06- last week.

The EurJpy using NI had a 65% win ratio while the "4 out of 5" method had a 72% win ratio BUT the NI method had 41 trades over 100pips while the "4 out of 5" method had 25 trades over 100pips


The GbpUsd MA cross method had an 81% win ratio and the NI method had a 62% BUT the MA cross method had only 23 trades over 100pips while using the NI method had 39 trades over 100pips


Very interesting (as Henry Gibson used to say)


I will be back testing more crosses but for now its SUPER BOWL time


Fellow Pip Hunter
Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #997
  • Edited 1:05pm Feb 4, 2007 1:04pm | Edited 1:05pm
Howdy all again,

I wanted to clarify my Moving Average cross on the GbpUsd. I am using VP 7.0 and the MAs I use is the Predicated Short Term Trend MA & the Actual Medium Term MA.

Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #998
  • Feb 4, 2007 1:18pm Feb 4, 2007 1:18pm
Quoting williamk
Howdy all,

Not satisfied with making unbelievable amount of pips with the method I was already using, I started backtesing a very simple system of just using the Neural Index alone. So when I recieved a signal of "1" I went Long and when I recieved a "0" I went short. The way I tested is taking the open price of the next candle of course and taking the MAX value price it went in my favor before getting a opposite signal. The results were very surprising. I back tested from 1/06- last week.

The EurJpy using NI had a 65% win ratio while the "4 out of 5" method had a 72% win ratio BUT the NI method had 41 trades over 100pips while the "4 out of 5" method had 25 trades over 100pips


The GbpUsd MA cross method had an 81% win ratio and the NI method had a 62% BUT the MA cross method had only 23 trades over 100pips while using the NI method had 39 trades over 100pips


Very interesting (as Henry Gibson used to say)


I will be back testing more crosses but for now its SUPER BOWL time


Fellow Pip Hunter
Bill
NI should be analyzing all the other nets so it shouldn't be surprising that it can do at least that but in my testing it has proven useles..

However, on a side note - you should not only look at win ratio. That doesn't give the full picture. Look at average pips/per trade, pf or sharpe ratio and factor in drawdown.
Lots of systems that can do 95% wins and still have lousy sharpe and in the end will end up killing your account.
  • #999
  • Feb 4, 2007 2:41pm Feb 4, 2007 2:41pm
hi will,

could you share with me the method you are already using with vp to make unbealievable amount of pips,
ive just purchased and need a system or method,

thanks

gb

Quoting williamk
Howdy all,

Not satisfied with making unbelievable amount of pips with the method I was already using, I started backtesing a very simple system of just using the Neural Index alone. So when I recieved a signal of "1" I went Long and when I recieved a "0" I went short. The way I tested is taking the open price of the next candle of course and taking the MAX value price it went in my favor before getting a opposite signal. The results were very surprising. I back tested from 1/06- last week.

The EurJpy using NI had a 65% win ratio while the "4 out of 5" method had a 72% win ratio BUT the NI method had 41 trades over 100pips while the "4 out of 5" method had 25 trades over 100pips


The GbpUsd MA cross method had an 81% win ratio and the NI method had a 62% BUT the MA cross method had only 23 trades over 100pips while using the NI method had 39 trades over 100pips


Very interesting (as Henry Gibson used to say)


I will be back testing more crosses but for now its SUPER BOWL time


Fellow Pip Hunter
Bill
  • #1,000
  • Feb 4, 2007 8:01pm Feb 4, 2007 8:01pm
Howdy Barney

Read my post # 743.

Bill
"When there is no peril in the fight there is no glory in the triumph."
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