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Signals for Simplicity

  • #521
  • Oct 16, 2008 8:09am Oct 16, 2008 8:09am
Quoting markbcool
You misunderstood my question.

In the previous post you said


"The indicator is very powerful if you use it properly. If you are losing then you aren't applying it right."

.
I inferred from that statement that you are using an indicator successfully.

You didn't say which indicator.

So please tell me which indicator you are using and how you are setting it up
Also examples of your successful trades would be a big help as well.
OR if you aren't having success please tell us you are still paper trading.
Thanks
Mark
you seem to be putting too much empahsis on the tool. But for sake of answering the question: I use an IA.

If I said at work I made a shelf using screws are you going to ask me if I used a straight head or phillips? Does it matter?

You seem to forget the market still consists of S/R. If you ignore this fact the IA/ indy or other is useless and will cause you more pain than gain. I still stand by the comment "It is powerful if used properly." as that statement is correct.

If you post your results good or bad I and possibly others can tell you why it's wrong. Just me posting good results will unlikely change anything for you. If you don't understand market behavior, just an indy will do nothing for you but get you into trouble.
  • #522
  • Oct 16, 2008 10:35am Oct 16, 2008 10:35am
Quoting crodzilla
Julius,

To modify my external monitor for a universal pairing group would be alright. Logistically it would be better, because I wouldn't have to update 2 different programs.

But, in my opinion, the impact of changing something that you have been doing for a couple of years should not come lightly. Don't change the way you have doing things just because it would be easier. Do it because it works.

"If it ain't broke, don't fix it."

I agree with you about this issue, It does work for me, however 2 versions give me the difference analysis on jumpairs more choices to trade the market , instead stuck on one

I'll survive.

Carl

happy trading
  • #523
  • Oct 16, 2008 11:08am Oct 16, 2008 11:08am
no one understand my post #518?
  • #524
  • Oct 16, 2008 11:14am Oct 16, 2008 11:14am
Quoting TickJob
not sure whether someones already talk about this:
I screen capture every 10 minutes and then use the 1-hr and 4-hr Buy and Sell numbers to plot the graphs as shown below. For this case, since the higher timeframe showing SHORT STRONG, we only wait to trade SHORT.

Is it a good and reliable entry signal?

http://www.tickjob.com/T101-2/t101-1hr-4hr.gif
Had you had this program in excel or you just manually input the data? We can use this a goo entry point as you hear a lot of complains about entry. We have a good grip of the direction what we need is a solid entry, review this folks this might be an answer to your prayer. Also please teach me how to do this kind of posting.. this will improve our posting and message can be conveyed better. Thanks TickJob
Julius
  • #525
  • Oct 16, 2008 11:26am Oct 16, 2008 11:26am
Hi Trader101,
Thanks for your comments.

I manually key in the number in excel.
If it is useful, hope that can be included in Orest program

I use SNAGIT screen capture software to capture whatever portion of pictures and then insert them into excel or powerpoint to draw/add whatever illustration on top, and then use snagit to capture it again. The final state is to either upload here or upload to other place. For post#518, the picture is too long, the forum here reject it, so I upload it to my own personal site.
  • #526
  • Oct 16, 2008 11:40am Oct 16, 2008 11:40am
Nice graphic indicator TickJob. Easy here to see the longer timeframe trend and enter at the 0 line at the retracement.
Will it be available for general use?

Thanks,

Lenoxer
  • #527
  • Oct 16, 2008 11:42am Oct 16, 2008 11:42am
Quoting TickJob
Hi Trader101,

I use SNAGIT screen capture software to capture whatever portion of pictures and then insert them into excel or powerpoint to draw/add whatever illustration on top, and then use snagit to capture it again.
Hey all, just wanted to say how impressed i am with this sytem and wanted to give my thanks to T101 for sharing this.

Tickjob, if you dont mind can you upload the setup of the excel file. i found to be very helpful and would save me time in creating the same

thx
  • #528
  • Oct 16, 2008 2:35pm Oct 16, 2008 2:35pm
hello folks,
how is everyone doing. Market is slow but that doesnt mean we can make some pips. OK the strategy should be grouping currency to reduce the pairs in the basket. a) Identified the strongest group (JPY, USD or the Middle pairs. More like a group scalping. I just scalp 440 pips from jpy and usd pairs in 21 minutes just keep watching guys the strike quickly. We can still make a thousand pips you know.

Ok update to date
FXpro Tally is :5150 pips or $5284.65
IBfx Tally is: 2159 pips or $1915.06
TOTAL =====7,309pips or $7199.71
Still a good week huh....Opps we still have tonight and tommorrow morning maybe can still get a few thousand pips if lucky. LOL
Just giving some pep here folks. FFlash how you doing? someone tell me you beat my take this week, that you are doing pretty good???Please tell me..
Julius
  • #529
  • Oct 16, 2008 2:39pm Oct 16, 2008 2:39pm
Hi all.....

Trader101, I just want to know one thing, how long do you keep
your basket open??? My baskets gets stoped by takeprofit ea in
some 10mins to 2hrs. Is that ok, or I have a problem with my timing?
Respect
forexflash
  • #530
  • Oct 16, 2008 2:41pm Oct 16, 2008 2:41pm
Quoting FOREXflash
Hi all.....

Trader101, I just want to know one thing, how long do you keep
your basket open??? My baskets gets stoped by takeprofit ea in
some 10mins to 2hrs. Is that ok, or I have a problem with my timing?
Respect
I just let the ProtectProfit do the job just now take me out at 440 pips not bad bro. Better than going negative. Normally i just enable the PProtect if i have over 200 pips to make sure i get not less than 110 pips.
  • #531
  • Oct 16, 2008 2:45pm Oct 16, 2008 2:45pm
FF
Your technique using RR basket sell indic for entry is good in fact i am studying it very closely. it is similar to the graph that i made earlier. Forgot the name of that file.
  • #532
  • Oct 16, 2008 2:47pm Oct 16, 2008 2:47pm
OK good CArl is here, Carl you have msn messenger like to discuss the pairing..
  • #533
  • Oct 16, 2008 2:51pm Oct 16, 2008 2:51pm
Quoting trader101
FF
Your technique using RR basket sell indic for entry is good in fact i am studying it very closely. it is similar to the graph that i made earlier. Forgot the name of that file.
I believe you're talking about this?

I have the concept down, I need help with the execution.

http://www.forexfactory.com/showpost...&postcount=334

The main problem I'm having is preventing two pairs from having the same rank in a bar.
  • #534
  • Oct 16, 2008 2:54pm Oct 16, 2008 2:54pm
Trader101, regarding your question....yes it was a good week
My trades changed when I started to use buysellbasket indicator
(the one on the other thread you monitor from time to time)
Now I can clearly see when to start monitor the orest indi,
and that is after crosing of B and S at the buysellbasket indi.
I just folow your basic rules, i trade baskets, or JPY and USD
groups when the market is ranging.....for now jumping pairs
are at wait becouse I want to really crack the basket to max!
I suggest to anyone here to at least try buysellbasket indicator, cos
it is really good entry and exit indicator for basket.

Regards
forexflash
  • #535
  • Oct 16, 2008 2:54pm Oct 16, 2008 2:54pm
Quoting Ronald Raygun
I believe you're talking about this?

I have the concept down, I need help with the execution.

http://www.forexfactory.com/showpost...&postcount=334

The main problem I'm having is preventing two pairs from having the same rank in a bar.
Why dont we just use one line for all the Buy and one line for all the Sell. The total wii speak for itself. Then we can look at the breakdown in Orest indic whihc is the most profittable group and trade them i think this is good in ranging market. Like right now tha JPY is profittable but all indicator says ranging so not trading, we are stock. But we still can make some money with a better profit indicator i mean profit indicator not the traditional one.
  • #536
  • Oct 16, 2008 2:59pm Oct 16, 2008 2:59pm
Quoting FOREXflash
Trader101, regarding your question....yes it was a good week
My trades changed when I started to use buysellbasket indicator
(the one on the other thread you monitor from time to time)
Now I can clearly see when to start monitor the orest indi,
and that is after crosing of B and S at the buysellbasket indi.
I just folow your basic rules, i trade baskets, or JPY and USD
groups when the market is trending.....for now jumping pairs
are at wait becouse I want to really crack the basket to max!
I suggest to anyone here to at least try buysellbasket indicator, cos
it is really good entry and exit indicator for basket.

Regards
I have a similar file made in the old thread that nobody remembers i think, the only diff with RR is that i used only one line for Buys and oneline for SELL.
  • #537
  • Oct 16, 2008 3:03pm Oct 16, 2008 3:03pm
Sorry i mean crodzilla, Carl you have msn Messg
  • #538
  • Oct 16, 2008 3:28pm Oct 16, 2008 3:28pm
Hi Julius and all!

While Luke (Hndymann) is working on my excel spread sheet to push it to a 24 hours track with 15 mins timeframe ( a medal to him 4 this hard work he is doing helping me because of my lack of time) i couldnt resist today (having some spare hours) to make a try on one idea of mine that was attracting me since many days. You will see the result and i cant say if it worthed the time or not.

I rely on more expert eyes (T101's mainly) to rate it.

In short: i added to the basket the US$INDEX..both as sell and buy to maintain simmetry and u can track the journey the pairs made today in 16 hours starting since 5:00 gmt october 16th-

It was a slow day today and maybe it was not so interesting 4 that , anyway its up to u to value it...i think it is though today i couldnt see what i supposed to see.

I attache a snapshot and , no worthing to say that if u think its interesting i will upload the files.

Ciao.... Franco
Attached Image (click to enlarge)
Click to Enlarge Name: US$.JPG Size: 259 KB
  • #539
  • Oct 16, 2008 3:34pm Oct 16, 2008 3:34pm
Corvogrigio...all I can say is thumbs up man
forexflash
  • #540
  • Oct 16, 2008 3:37pm Oct 16, 2008 3:37pm
Quoting corvogrigio
Hi Julius and all!

While Luke (Hndymann) is working on my excel spread sheet to push it to a 24 hours track with 15 mins timeframe ( a medal to him 4 this hard work he is doing helping me because of my lack of time) i couldnt resist today (having some spare hours) to make a try on one idea of mine that was attracting me since many days. You will see the result and i cant say if it worthed the time or not.

I rely on more expert eyes (T101's mainly) to rate it.

In short: i added to the basket the US$INDEX..both as sell and buy to maintain simmetry and u can track the journey the pairs made today in 16 hours starting since 5:00 gmt october 16th-

It was a slow day today and maybe it was not so interesting 4 that , anyway its up to u to value it...i think it is though today i couldnt see what i supposed to see.

I attache a snapshot and , no worthing to say that if u think its interesting i will upload the files.

Ciao.... Franco
Wow, you just read what is in my mind, the US index actually I did mention this last week in one of my post after Brian kept urging me (BTW where is he now?) to look into it. And i am glad yuo had included it. The is a blast. My problem is my broker not having the usindex feed. You know of a broker that have the USD index feed. I cant wait to put my hands on this.. and tell Luke our appreciation to him as well. Franco our appreciation to the effort you put in here without even thinking of compensation. I hope we come close to perfection here.
Julius
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