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The simple stupid system

  • #341
  • Edited 2:02pm Aug 20, 2008 1:56pm | Edited 2:02pm
Quoting m78
ok, there was a bug ... and I just found another bug;;;
I guess there might be some more bugs there ...

if you notice a problem can you post the screenshot of the trades the EA took ? also post the modifications to the default settings of the EA if you make the mods

m78
Will someone add money management to this EA so that it stands a chance of being profitable. Also it will not backtest on daily chart. I take it that it uses original rules momentum and QQE for filter of entering trades?
  • #342
  • Aug 20, 2008 1:56pm Aug 20, 2008 1:56pm
Quoting ingridk
Hey guys!
well,i'm trading in my Live account, in this morning i felt in some traps because i havent waited US to open,big mistake:

http://img501.imageshack.us/img501/5683/eurusduk5.jpg

But i have got 40 Pips on another trade:
http://img501.imageshack.us/img501/5683/eurusduk5.jpg



I have closed it because i will take a break now,I just was wanting to get my lost pips back.
And thats just the begin of the day! a lot of trades will come!

I have to be more carefull and pay atention on Opening/closing markets!
well, Its an Amazing System! A+++++++++!
Thanks to Wahnone for sharing and thanks everybody who is helping to improve it!

Question what are the dotted lines on your chart please I am trying to set my charts up
  • #343
  • Aug 20, 2008 2:01pm Aug 20, 2008 2:01pm
Quoting pip mom
Question what are the dotted lines on your chart please I am trying to set my charts up
what dotted lines? the red and blue lines in the botton? is the CCI
  • #344
  • Aug 20, 2008 2:03pm Aug 20, 2008 2:03pm
the ones around the candle area
  • #345
  • Aug 20, 2008 2:08pm Aug 20, 2008 2:08pm
Quoting pip mom
the ones around the candle area
oh its the zigzag , i'm using just for trade confirmation
i have attached the indicator,if you decide to use it
Attached File(s)
File Type: mq4 ZigZag.mq4   6 KB | 310 downloads
  • #346
  • Aug 20, 2008 2:11pm Aug 20, 2008 2:11pm
thank you
  • #347
  • Aug 20, 2008 2:35pm Aug 20, 2008 2:35pm
Quoting Bobcat2
JT,

I am trading with Oanda...there are no custom settings for the EMA's, and there is no Dinapoli Stochastics available.

So my questions are:
1) Are standard settings for the EMA's adequate?
2) Will standard Slow Stochastics with standard settings be a viable alternative to the Dinapoli Stochastics, or are you actually using Slow Stochastics?

Many thanks...keep up the good work and postings!
I am using just regular stochs with 5,3,3 settings and 5 ema applied to close and 8 ema applied to open. that is it

below is a trade that i took the 42 pips on
Attached Image (click to enlarge)
Click to Enlarge Name: ej simple system example.jpg Size: 104 KB
  • #348
  • Aug 20, 2008 2:44pm Aug 20, 2008 2:44pm
the above trade is a perfect example of where the stochs will get you out "almost" perfectly. that was a picture perfect trade!! there are many other examples of where exiting like this may have gotten you out too early though so take this for what its worth. just my style thats all
  • #349
  • Aug 20, 2008 3:15pm Aug 20, 2008 3:15pm
Quoting jtmoore007
the above trade is a perfect example of where the stochs will get you out "almost" perfectly. that was a picture perfect trade!! there are many other examples of where exiting like this may have gotten you out too early though so take this for what its worth. just my style thats all
thats a great way to find an good exit! i will use it,thanks for sharing
  • #350
  • Aug 20, 2008 6:55pm Aug 20, 2008 6:55pm
Very powerful system for a short timeframe
  • #351
  • Aug 20, 2008 7:08pm Aug 20, 2008 7:08pm
I would like to ask if you guys stay off medium impact news too??
  • #352
  • Aug 20, 2008 10:24pm Aug 20, 2008 10:24pm
Quoting femzy112
I would like to ask if you guys stay off medium impact news too??
i stay off,i just ignore low impact news
  • #353
  • Aug 21, 2008 1:08am Aug 21, 2008 1:08am
That means there shouldn't be trading based on this method this morning; am i right as PMI news coming across Euro pairs and Retail sales on the pound.
If i am right????
  • #354
  • Aug 21, 2008 1:13am Aug 21, 2008 1:13am
Hey JT,

Many thanks for your clarification. I will attempt to emulate your success!
  • #355
  • Aug 21, 2008 2:30am Aug 21, 2008 2:30am
well guys if yall want to trade that way don't let me stop you but it isn't the way the original system was set up. This is just my 2 cents. Ill be posting my trades as I make them again today. I hope we can get those pips
  • #356
  • Aug 21, 2008 2:46am Aug 21, 2008 2:46am
someone should start a mirc or a skype chat site for those who follow this. think this is possible?
  • #357
  • Aug 21, 2008 2:58am Aug 21, 2008 2:58am
So you have no trades opened yet; not even the cross yen pairs?
  • #358
  • Aug 21, 2008 3:03am Aug 21, 2008 3:03am
just opened 3, will post again when closed or open a new one
  • #359
  • Aug 21, 2008 3:25am Aug 21, 2008 3:25am
I might start one on trading rooms but lets make it begin Next week
  • #360
  • Aug 21, 2008 3:29am Aug 21, 2008 3:29am
azjeff has drawn my attention to this system and perhaps I can do up an EA for it. maybe someone has already done one but I thought one more EA won't hurt and I tend to prefer writing EAs with my customisation capabilities.

What I need now is the confirm set of rules to follow. Is it still going according to post 1? or has it evolved throughout the posts? I have no time to read thru everything as I'm concurrently doing a few other systems' EA as well.

aside from the specific rules, I need the actual indicators attachments too. there's so many posted in the attachment list I don't know which are the right ones to use.

providing the mq4 files for the indicators would be helpful too as I can then use less of iCustom which can significantly increase the speed of backtesting.

the sooner I get these info, the sooner I can start work on developing the EA. Hope to hear from you guys soon.

Good luck and good trading. =)

regards,
Zen
Programming for a better future.
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