Trend Finder Daily | Page 13 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Trend Finder 4hr 143 replies

trend finder indicator collection 3 replies

Trend Finder TS with clear stop loss and exit signals (happy pippin') 48 replies

Sweet Spot finder indicator 9 replies

Spikes Trend Finder 4 replies

Attachments: Trend Finder Daily
Exit Attachments

Trend Finder Daily

  • #241
  • Jun 24, 2008 2:17am Jun 24, 2008 2:17am
Quoting David-T
Hi Bull do you not think it is a good idea to keep the google page that is updating the performance every 5 sec or every 5 min i for one find this very good to see at a glance what is happening.

Also i want to say very well done to you and your effort that you are putting into this, yes it as been a first hard week but i for one would like to see the downside early on in systerm and to see how the systerm comes though than to have really good results at first then have a problem with it and say that it is not working and then go looking for somethink else, anyway thanks for doing what you are doing.

David
Thanks for your compliments

Bull101
  • #242
  • Jun 24, 2008 3:15am Jun 24, 2008 3:15am
This system is so familiar with OZfx.

Its a de ja vu when there will be a requested to donate for some charities, when there is a post of profits- thousands of virtual pips, and there will be a paid signal service for a limited number of subscribers. Bump~!
I'm just moving clouds today - tomorrow I'll try mountains.
  • #243
  • Jun 24, 2008 9:15am Jun 24, 2008 9:15am
Quoting awsl
This system is so familiar with OZfx.

Its a de ja vu when there will be a requested to donate for some charities, when there is a post of profits- thousands of virtual pips, and there will be a paid signal service for a limited number of subscribers. Bump~!
It most certainly will not be like that at all.
  • #244
  • Jun 24, 2008 9:16am Jun 24, 2008 9:16am
Well the losing streak continues. I have decided to re-add the 200 simple moving average to this system. I had removed it during earlier testing, but after recent results, I have concluded that it is a required part of this system.

It will keep us out of some trades, but the trades we take will run longer, farther, and entries are much more accurate.

Thanks everyone.

Bull101
  • #245
  • Jun 24, 2008 2:34pm Jun 24, 2008 2:34pm
Good move. Taking half the trades last week was more than enough action. I was fortunate in that, by and large, I took the trades that were profitable or were BE trades.

I must say that I admire your guts for posting signals live like this. You deserve a lot of credit for that.


Quoting Bull101
Well the losing streak continues. I have decided to re-add the 200 simple moving average to this system. I had removed it during earlier testing, but after recent results, I have concluded that it is a required part of this system.

It will keep us out of some trades, but the trades we take will run longer, farther, and entries are much more accurate.

Thanks everyone.

Bull101
  • #246
  • Jun 24, 2008 3:15pm Jun 24, 2008 3:15pm
I agree 100%. Most would just stop posting until their system became profitable again and then start posting all the time. This shows just how credible B101 is. I thank you for being honest with your system and not trying to fool anybody. I'm sure there are some who have already stopped trading this system because of the results but to be honest, if they have, they are not people we want in this thread anyway. I'm a sports fanatic so I'm going to use an example. Michael Jordan is said to be the best to every play in the NBA (some will argue but that's not the point of this). He missed 20,100 of the 35,087 total shots that he took (field goal, free throw and 3 point attempts combined). That equates to hime making a little more than 42% of all shots he took. Now look at the success that he had in his career making just 42% of his shots. He did not let the numbers game sidetrack his determination and work ethic. There are many people here who would quit trading forever if they got 42% of their trades correct. The point I'm trying to make is, nobody, nor system is perfect. This is especially for the new users to this forum who may come across this thread and see the results. So to B101, I give you a ton of credit for not getting caught up in the numbers game staying the same even through this losing streak. To those who continue to trade during the rough periods, it will all pay off for you in the end. I'm 25 and I've been trading on a part time basis for a little over two years and I've had rocky times but I've never given up. I truly want to see all of those who fight through hard times succeed. Good trading to all!
  • #247
  • Jun 24, 2008 5:03pm Jun 24, 2008 5:03pm
Signals for June 25th 2008
No new signals today.
  • #248
  • Jun 24, 2008 7:53pm Jun 24, 2008 7:53pm
Quoting Bull101
Well the losing streak continues. I have decided to re-add the 200 simple moving average to this system. I had removed it during earlier testing, but after recent results, I have concluded that it is a required part of this system.

It will keep us out of some trades, but the trades we take will run longer, farther, and entries are much more accurate.

Thanks everyone.
ronald raygun, would it be simple to add this 200sma to the EA you have written for this trading system?
  • #249
  • Jun 24, 2008 10:31pm Jun 24, 2008 10:31pm
Quoting Bull101
Signals for June 25th 2008
No new signals today.
I've got a signal on NZDUSD (using ODL demo) though I can't tell if it came on between the first 10 minutes from the open as I couldn't be on the computer exactly at that time.

Would that be a valid signal? (Of course, taking it now would be a very late entry).

http://i47.photobucket.com/albums/f2...ece/nzdusd.gif
  • #250
  • Jun 25, 2008 4:56am Jun 25, 2008 4:56am
Quoting Stormin_Norm
ronald raygun, would it be simple to add this 200sma to the EA you have written for this trading system?
See attached.

Just enter in the period of the SMA you want to use.
Attached File(s)
File Type: mq4 Trend Finder Daily SMAFilter.mq4   10 KB | 644 downloads
  • #251
  • Jun 25, 2008 3:36pm Jun 25, 2008 3:36pm
Quoting doblece
I've got a signal on NZDUSD (using ODL demo) though I can't tell if it came on between the first 10 minutes from the open as I couldn't be on the computer exactly at that time.

Would that be a valid signal? (Of course, taking it now would be a very late entry).

http://i47.photobucket.com/albums/f2...ece/nzdusd.gif
Hello,

This was a correct entry signal. However as you said, it would be very late. The reason I did not call this is because of the re addition of the SMA, and that it had just closed out previous long. I have decided to wait until it has given another long signal, and then entering on the next short.

Let me know if that doesn't clear it up,
Bull101
  • #252
  • Jun 25, 2008 3:39pm Jun 25, 2008 3:39pm
Quoting Ronald Raygun
See attached.

Just enter in the period of the SMA you want to use.
Thanks a lot Ronald, your work is great.

Bull101
  • #253
  • Jun 25, 2008 5:06pm Jun 25, 2008 5:06pm
Entry Signals for June 26th 2008:
USD/CHF - Short at 1.0350
GBP/CHF - Short at 2.0434
NZD/CHF - Short at 0.7834

Discuss Todays Analysis at:
http://trendfinder.freehostia.com/fo...ic.php?f=2&t=6
  • #254
  • Jun 25, 2008 5:07pm Jun 25, 2008 5:07pm
There appears to be a problem with the mailing list software i'm using. I'm going to try and correct the issue tonight sometime.

Thanks,
Bull101
  • #255
  • Jun 25, 2008 6:27pm Jun 25, 2008 6:27pm
The mailing list is now working properly again, signals will be sent out at 0:00gmt everyday via email.


Thanks,
Bull101
  • #256
  • Jun 25, 2008 6:43pm Jun 25, 2008 6:43pm
Quoting Ronald Raygun
See attached.

Just enter in the period of the SMA you want to use.
thanks kindly ronald raygun.

i would like to ask a question and apologies for the someone noobie question on EA's.

with this filter, do i add it along with your original EA to the same graph? and this filter along with the EA work together, effectively making the EA and the filter the 'one program' when added to the same graph?
  • #257
  • Jun 25, 2008 7:14pm Jun 25, 2008 7:14pm
It's a completely different and independent EA.
  • #258
  • Jun 26, 2008 6:45am Jun 26, 2008 6:45am
Trade Updates
Break evens have been set for USD/CHF and NZD/CHF

Thanks
Bull101
  • #259
  • Jun 26, 2008 9:31am Jun 26, 2008 9:31am
I guess the obvious question is (so easy to see in hindsight, so I'm not bashing you at all):

 

  1. Why did you remove the 200-day MA criteria during your early testing? While I suspect that it produced lower overall returns, but reduced the number of bad weeks.

    And the biggest question of all:
  2. How many of the losing trades from the past week of trading would the 200-day filter have eliminated?

Quoting Bull101
Well the losing streak continues. I have decided to re-add the 200 simple moving average to this system. I had removed it during earlier testing, but after recent results, I have concluded that it is a required part of this system.

It will keep us out of some trades, but the trades we take will run longer, farther, and entries are much more accurate.

Thanks everyone.

Bull101
  • #260
  • Jun 26, 2008 9:49am Jun 26, 2008 9:49am
Quoting majorbillion
I guess the obvious question is (so easy to see in hindsight, so I'm not bashing you at all):

 

  1. Why did you remove the 200-day MA criteria during your early testing? While I suspect that it produced lower overall returns, but reduced the number of bad weeks.

    And the biggest question of all:
  2. How many of the losing trades from the past week of trading would the 200-day filter have eliminated?


Hello major,

My reasoning behind removing the 200sma was that I had though that it kept us out of more trades than it would save us from losses. I believed that it would in fact make us less money than it would end up protecting.

If we had been using the SMA the entire time, we would only have 2 losses right now. (It would have prevented 4 losing trades, or 800 lost pips.)

I have decided now that it is in fact a vital part of this system, and will not be removing it again.

Thanks major,
Bull101
0 traders viewing now