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The simple stupid system

  • #301
  • Aug 18, 2008 4:00pm Aug 18, 2008 4:00pm
Quoting Bradev
Show on your chart where you got in and out. I wil take a look and see if I can help.
Here you go, this chart shows where i got in LONG and had to get out with a loss since the ma's crossed against me with other indicators.
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  • #302
  • Edited 4:02pm Aug 18, 2008 4:01pm | Edited 4:02pm
when the 5 crosses the 8,13 ema and the rsi is above 50-long,and the opposite for short.This is a bill williams setting.stocks&commodities jan 2008 edition
  • #303
  • Edited 4:13pm Aug 18, 2008 4:03pm | Edited 4:13pm
Quoting Forextrader4
Here you go, this chart shows where i got in LONG and had to get out with a loss since the ma's crossed against me with other indicators.
If you notice in the outline of the rules of this system, you shouldn't trade after 18:00 gmt. I usually stop at about 17:30. Usually won't take any signals after that.
  • #304
  • Aug 18, 2008 4:06pm Aug 18, 2008 4:06pm
Quoting Bradev
If you notice in the outline of the rules of this system, you shouldn't trade after 18:00 gmt. I usually stop at about 71:30. Usually won't take any signals after that.
Oh ok i see, i thought it was because of the timing. That's why i was asking earlier in my posts for the translation in time to Est. Thank you so much for your help. So from now on i will go ahead and trade this system from 3am to 1pm eastern time. Please let me know if there is anything else i am missing here. :-)
  • #305
  • Aug 18, 2008 4:14pm Aug 18, 2008 4:14pm
It is an additional 80 plus pips since 10;25 this am that is when I stop adding pips for today!!!!!!!!!!!!
  • #306
  • Aug 18, 2008 4:24pm Aug 18, 2008 4:24pm
Quoting monikroc
I have been tracking the cross of these two ema's since 8/12/08-343 pips.8/13/08-324 pips.8/14/08-339 pips.8/15/08-246 pips.8/17-8/18-combined 338 pips.everytime the 5/8 cross on the 5 min chart,also using the 13 ema (per bill williams alligator) and the rsi oscillator with good results!!!
You apply the ema to the close I presume? Wanted to test it using median price...and also
what pairs were you looking at and the number of trades it took and timeframes you're using...

all the same very nice numbers....


btw...made a fair amount of money today using the SSS (I tried using pips to pay for gas - didn't work )..so maybe it doesn't work...(or so I've heard) but I can't complain....
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #307
  • Aug 18, 2008 4:32pm Aug 18, 2008 4:32pm
Quoting monikroc
when the 5 crosses the 8,13 ema and the rsi is above 50-long,and the opposite for short.This is a bill williams setting.stocks&commodities jan 2008 edition
Is this how your chart suppose to look? what time frame do you use? what are the best pairs to use this strategy for?
Attached Image (click to enlarge)
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  • #308
  • Aug 18, 2008 4:46pm Aug 18, 2008 4:46pm
Quoting monikroc
It is an additional 80 plus pips since 10;25 this am that is when I stop adding pips for today!!!!!!!!!!!!

monikroc,
What RSI settings do you use, interested in checking out this setup (have been playing with simple ma crosses for quite awhile now).
  • #309
  • Aug 18, 2008 6:19pm Aug 18, 2008 6:19pm
Quoting tazmaan
monikroc,
What RSI settings do you use, interested in checking out this setup (have been playing with simple ma crosses for quite awhile now).
Taz, it looks to me like he is using the standard setting of 14.
  • #310
  • Aug 18, 2008 6:59pm Aug 18, 2008 6:59pm
Thanks, I'll take a look with that (was what I figured anyhow so was already checkin it out

Appreciate the response
  • #311
  • Aug 18, 2008 7:07pm Aug 18, 2008 7:07pm
I'm guilty as welll...but aren't we going too OT? This 3D is about the SSS...which I have founnd valid thus far ($wise)....without wanting to undermine any other efforts to a simple yet "effective" system (alas we're never going to have a 100% win ratio....)

just my .02
Nihil inimicus quam sibi ipse Marcus Tullius Cicero
  • #312
  • Aug 18, 2008 7:20pm Aug 18, 2008 7:20pm
Quoting lossa
try out another system

20 and 40 SMA
and 100 and 200SMA as a confirmation of 20 and 40 trade signals
Please what TF and pairs do you trade with this system?
  • #313
  • Aug 19, 2008 2:08am Aug 19, 2008 2:08am
Hi All,
I think that the Stoc is useless for the original setup.
I did not find a situation that moving average (Main Indicators) crosses but before that the Stoc did not cross.
Please advice
Thanks
  • #314
  • Aug 19, 2008 2:10am Aug 19, 2008 2:10am
Here is an example of a trade i took on EUR/JPY following the system when all indicator were in agreement but it was before 6gmt. I went long and soon the trade went against me and went down without having QQE arrows showing up letting me know to exit. Am i missing something here or is it just the fact that i traded before 6 gmt? THanks.
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  • #315
  • Aug 19, 2008 2:30pm Aug 19, 2008 2:30pm
Quoting Bradev
Sounds like a simple system, maybe you should start your own thread and get some support to enhance your system.
thank you for the reply,but how do I install it to the MT4,the cog indicator,if you can send step by step instruction,I would really appreciate
  • #316
  • Aug 19, 2008 8:31pm Aug 19, 2008 8:31pm
Quoting Keivan
Hi All,
I think that the Stoc is useless for the original setup.
I did not find a situation that moving average (Main Indicators) crosses but before that the Stoc did not cross.
Please advice
Thanks
I already said it that the stoch is not used as one of the confirmations to entrying a trade, but just used if you probably missed out on the setup and look to enter along with the ongoing trend.
  • #317
  • Aug 20, 2008 1:50am Aug 20, 2008 1:50am
Quoting Wahnone
I read about the laguerre indicator and after checking it out myself, I was convinced it is a good one, so I decided to compare it with the momentum indicator. The Laguerre was quicker to respond and at the same time, it acts well as filter. The momentum lags a bit and so it responds slower than the Laguerre, but on few occasions, it shows up faster than the laguerre.
Since the Dinapoli Stoch is just there for re-entry, I removed it and replaced it with the Laguerre indicator.

How to Use:
Buy: As in first post. But instead of waiting for the momentum to cross above zero line, enter if any of the two laguerre lines(red/blue) cross 0.15 or 0.45 up.
Sell: As in first post. But instead of waiting for the momentum to cross below zero line, enter if any of the two laguerre lines(red/blue) cross 0.15 or 0.45 down.
Whichever comes first between the laguerre and the momentum is the one you go with.
Caution: Please, the using laguerre with this system is still under testing and I advise not to trade real yetwith the laguerre.
Hi Wahnone, Can you please post the candles that you are using in your chart that calculate the EMA's automatically please. It looks easier and better. Thank you,
  • #318
  • Aug 20, 2008 6:17am Aug 20, 2008 6:17am
I will post the trades I take using this method if yall would like. here is what i have done this morning so far
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  • #319
  • Aug 20, 2008 6:39am Aug 20, 2008 6:39am
Quoting jtmoore007
I will post the trades I take using this method if yall would like. here is what i have done this morning so far
very nice results
are you trading in live account?
  • #320
  • Aug 20, 2008 6:44am Aug 20, 2008 6:44am
No, I have an ea running in my live account and im practicing this while i watch my ea run. have been doing this method on and off for a little while but now im gonna get religious about it. Main problem is getting whipsawwed to death in slow market. only gonna do it during london and us. as long as good trades can wipe out false breakouts that these type of systems have then should be ok. like right now. market kinda blah
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