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Traffic Light System 378 replies

With a little help from our Expert Adviser friends ... - Paulus 10 replies

Paulus System's 8 replies

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Paulus - Traffic lights

  • #161
  • Sep 22, 2008 8:59am Sep 22, 2008 8:59am
Thanks Titus

My morning signals

and my 1st pm signal are in yellow
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  • #162
  • Sep 22, 2008 9:51am Sep 22, 2008 9:51am
Woke up late, but here's my first live win for today as well. The cci24 is on my chart but I am still using the 15min cci8 until I know the coincide.
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  • #163
  • Sep 22, 2008 11:33am Sep 22, 2008 11:33am
pm sigs so far
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  • #164
  • Sep 22, 2008 11:35am Sep 22, 2008 11:35am
Quoting tazmaan
Woke up late, but here's my first live win for today as well. The cci24 is on my chart but I am still using the 15min cci8 until I know the coincide.
Excuse me,what are the red and green line on price-graphic?And other indicator?
  • #165
  • Sep 22, 2008 11:38am Sep 22, 2008 11:38am
Quoting Trader60
Excuse me,what's green line on graphic?And other indicator?
I think that's the price line. (Historical closing price)
  • #166
  • Sep 22, 2008 12:20pm Sep 22, 2008 12:20pm
This only work with EUR / USD?
  • #167
  • Sep 22, 2008 12:52pm Sep 22, 2008 12:52pm
Quoting altezza.cl
This only work with EUR / USD?
With all pairs.
  • #168
  • Sep 22, 2008 1:04pm Sep 22, 2008 1:04pm
yes thats correct the green line is just the price but as a line chart not bar or candle ..

And the signal on the last chart I posted went very well..mainly because we trade in the direction of the trend in this case long on both the 15 and 30 min we got the momentum in our favour

Paulus
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  • #169
  • Sep 22, 2008 1:05pm Sep 22, 2008 1:05pm
Quoting Trader60
Excuse me,what are the red and green line on price-graphic?And other indicator?
I guess this question is for me regarding my chart post?
The green line is just the priceline, as I have it set to line chart instead of bar chart so the heiken candles are cleaner.

Not sure which red line you are referring to though.

Edit: nevermind, I see you are referring to Paulus's chart, I am not sure what his red line is, probably a moving average he has on there.
  • #170
  • Sep 22, 2008 1:55pm Sep 22, 2008 1:55pm
my 15 min shows just blue my 30min shows just blue hence just the longs on the 5min ..look how weak the pull backs are and how strong the rallies to make new highs into the trend...why would you want to trade on the short side.

have to stick to where the strength is I think

Paulus
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  • #171
  • Sep 22, 2008 2:35pm Sep 22, 2008 2:35pm
Another couple wins for me, and this last trigger I am letting it ride with a trailing stop. Paulus, you might be single handedly saving my lousy small forex account that I almost gave up on
Now we just need someone to code an ea for this badboy
  • #172
  • Sep 22, 2008 2:56pm Sep 22, 2008 2:56pm
Nice taz

But dont forget this is an ideal trend any trend following system will make money on this type of move..the nice thing is that we are trading in the right direction and there will be days when you struggle ..but with good money manegment and a risk reward of 2:1 your account should be safe as I believe we have that edge albeit small to make consistant profits.

The last signal went nicely
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  • #173
  • Sep 22, 2008 3:00pm Sep 22, 2008 3:00pm
This trend has given us 6 signals 5 winners at 20 pips 1 loser at 10 pips this is an above average move after 3 wins in any trend be careful quite often the thing to do is sit it out after 3 or 4 signals if their winners and wait for a direction change but as always up to you the individual trader

Paulus
  • #174
  • Sep 22, 2008 3:11pm Sep 22, 2008 3:11pm
signals for EURGBP 2.30pm on all guided by 15min
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  • #175
  • Sep 22, 2008 3:18pm Sep 22, 2008 3:18pm
I'm trying to put together another EA for this new version:

So, for:

BUY:

15 Min CCI(8) is above 0
5 Min Stoch(5, 3, 3) is less than Stoch(4, 3, 3) and both are above 80.
5 Min Heiken Ashi changes from red to blue.

SELL:

15 Min CCI(8) is below 0
5 Min Stoch(5, 3, 3) is greater than Stoch(4, 3, 3) and both are below 20.
5 Min Heiken Ashi changes from blue to red.


Did I miss something?
  • #176
  • Sep 22, 2008 3:21pm Sep 22, 2008 3:21pm
ok red on 15min so no more long signals taken on 5min we sit and wait for the 5min to go blue then red..if 15min still red we go for it

When the 1st red bar appeared on the 5min the 15min was still blue wasn't going blue to red through 0.00 was just blue so couldn't take.You wont get every twist and turn we need a trend of sorts to establish 1st

Notice the stronger pull back as the buyers dry up and sellers take over this could be the start of a down trend as always I wont guess but wait until im told by the 15min and then the 5min to enter


Paulus .
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  • #177
  • Sep 22, 2008 3:47pm Sep 22, 2008 3:47pm
hi RonR

seems ok but I dont take into account the stoch ..

15min blue
5min goes red to blue on HA thats the entry visa versa for shorts

hope that helps
  • #178
  • Sep 22, 2008 3:49pm Sep 22, 2008 3:49pm
Quoting Ronald Raygun
I'm trying to put together another EA for this new version:

So, for:

BUY:

15 Min CCI(8) is above 0
5 Min Stoch(5, 3, 3) is less than Stoch(4, 3, 3) and both are above 80.
5 Min Heiken Ashi changes from red to blue.

SELL:

15 Min CCI(8) is below 0
5 Min Stoch(5, 3, 3) is greater than Stoch(4, 3, 3) and both are below 20.
5 Min Heiken Ashi changes from blue to red.


Did I miss something?
Paulus should be the one to answer this obviously, but as far as I know we aren't using the stoch at all anymore. It's strictly cci8 on 15 min chart (or maybe cci24? still comparing) and the color change for the ashi.

I look forward to seeing what you can come up with ronald!
  • #179
  • Sep 22, 2008 3:51pm Sep 22, 2008 3:51pm
Quoting Paulus
ok red on 15min so no more long signals taken on 5min we sit and wait for the 5min to go blue then red..if 15min still red we go for it

When the 1st red bar appeared on the 5min the 15min was still blue wasn't going blue to red through 0.00 was just blue so couldn't take.You wont get every twist and turn we need a trend of sorts to establish 1st

Notice the stronger pull back as the buyers dry up and sellers take over this could be the start of a down trend as always I wont guess but wait until im told by the 15min and then the 5min to enter


Paulus .
Paulus, what timeframes are you finding are doing well for this? I am on PST time, so am trying to find some hours that will work well for me.
  • #180
  • Sep 22, 2008 3:54pm Sep 22, 2008 3:54pm
Are you still using the cci though?

Quoting Paulus
hi RonR

seems ok but I dont take into account the stoch ..

15min blue
5min goes red to blue on HA thats the entry visa versa for shorts

hope that helps
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