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Signals for Simplicity

  • #601
  • Oct 19, 2008 11:53am Oct 19, 2008 11:53am
ProfitChart

Enjoy
the market is not random but anything can happen.
  • #602
  • Oct 19, 2008 4:52pm Oct 19, 2008 4:52pm
me too, i lost everything. but as usual, your failure is thoroughly ignored.

Quoting ivanyong
Hi members,

My demo account have been seriously drawdown 99%.
Should we have the discussion how to prevent this situation.
Drawdown period from 13th - 17th october 2008..
  • #603
  • Oct 19, 2008 6:20pm Oct 19, 2008 6:20pm
Quoting tangjuice
me too, i lost everything. but as usual, your failure is thoroughly ignored.
What are you guys doing? Looking at it briefly and sitting in trades forever? There are many EA's that were mentioned on both threads to help you with that. Plus if nothing else, watch the IA and if they are shifting, then maybe you guys should change you're direction. There is NO full proff set it and forget it system. You're probably being ignored, because really who does that. My suggestion is to study both threads, multiple times while you are still trading with demo accounts. This process is so simple to follow, the only thing being ignored here is you're demo accounts. Study more, and pay attention. Then you won't wipe out accounts.
  • #604
  • Edited 11:52pm Oct 19, 2008 7:17pm | Edited 11:52pm
Anyone using the spreadsheet from

Setting up the Basics for Trader101 style trading .. http://www.forexfactory.com/showthread.php?t=115014


Bug in 1.1 ... now on 1.2 ... TextImport Connections for NZDJPY and NZDUSD were not set up .... Sorry ... this will mean you will have to go through the file selection set up again if you have not done so already ..shouldnt take long if you have done it once already .... That should be all the modifications for ImportSheet1 done now. .
  • #605
  • Edited 12:29pm Oct 20, 2008 12:54am | Edited 12:29pm
I have been completely unsuccessful with my excel attempts until your post.
i did make some progress with it yesterday and when i get free time tomorrow i will do a complete set up.
i will let you know of my successes or challenges
Thanks again
Mark
  • #606
  • Oct 20, 2008 5:44am Oct 20, 2008 5:44am
A while back someone mentioned that the basket roughly equates to trading EURJPY and if you compare your results with trading EJ you'd see they were very similar.
Well. I noticed that AUDJPY has much higher pip range, and you'll see that the two charts are almost identical - see below.

Just out of interest I did a comparison for the pip tally that Julius posted last week, and you'll see that if he traded AUDJPY x14 instead of the whole basket his profit would have been more than DOUBLE!!
I've looked back over all my basket trades pre-discovery and see that the same applies..... for now I concentrate on the baskets signals but only trade AUDJPY - this is also a solution for those who have less confidence and want to reduce their exposure.

The biggest issue for me now is the amount of screen time spent waiting to trade the basket...... should we pool together and take it in shifts - my current schedule only allows about 4 hrs a day!

All the best
Jim
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDJPY EURJPY.jpg Size: 170 KB
Click to Enlarge Name: T101 pip tally AUDJPY only.jpg Size: 108 KB
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #607
  • Oct 20, 2008 6:40am Oct 20, 2008 6:40am
I am having problem with my Internet connenction since last night. I am still fixing the problem. So on-off, on-off for now.

The assumption that the Basket moves similar to EurJpy is right but its not only the EurJpy it is also similar to other pairs selected in the basket. I have that observation since the selection of pairs. If you are going to make a cumulative graph of the 14 pairs we are trading and compare that to any pair that we are trading it will be similar to each one. That is the reason why I am trading the 14 pairs because I think it’s safer to trade it that way that just predicting which of this pair is going to deliver me the maximum pips this week. Among the 14 pairs we will have the top performer; the average performer and the least performer sometimes we could even have the non performer. If you try to graph the mean of this group you will see what I am saying, that it appears to be similar to any pair. I like trading only 1 pair, but it’s hard to correctly predict the pair what it will be the high performer this week. Also it is not wise to put all your eggs in one basket. So I end up trading all 14 of them because it is easier to predict that the majority of them will be winners thus, making me 50% + winner out of the 14. If you are following basketball, it is safer to bet on the Lakers than Kobie Bryant, isn’t it?

I hope that this post doesn’t discourage you to discover and continue observing the behavior of these pairs more. There are lot of these profitable opportunities as you continue observing and watching.
  • #608
  • Oct 20, 2008 7:10am Oct 20, 2008 7:10am
Quoting vspatrick
ProfitChart

Enjoy
I downloaded the profit chart but I cant even get it to run, it's suppose to be in the indicators folder right? I'm using fx pro--

could someone please answer me on this one? and is this setup like the buysell basket?

thanx--!
  • #609
  • Oct 20, 2008 7:11am Oct 20, 2008 7:11am
I scroll quickly through the captured screens: http://www.tickjob.com/T101-20-OCT/T101-20-Oct.pdf

I find that if the 1-Day and 4-Hour having same direction, then if some of the pairs jump out of the direction, we can trade them. For example the 1-Day and 4-Hour are Long-Strong, then we wait to Long any pair that is jump to the opposit directio

Not sure whether this pattern is reliable?
  • #610
  • Edited 8:05am Oct 20, 2008 7:50am | Edited 8:05am
Quoting SpamHam
I downloaded the profit chart but I cant even get it to run, it's suppose to be in the indicators folder right? I'm using fx pro--

could someone please answer me on this one? and is this setup like the buysell basket?

thanx--!
Hi SpamHam ..
I modified the original to at least work on FxPro ... but Im not sure if they are valid signals because of the 5 decimal place problem ... I was waiting for Julius to verify that they would or would not work ... I notice Julius uses a Point division so Im thinking that they are not valid for that platform ... but I maybe wrong.

Same thing with BuySellBasket ... it uses the d_point division ... meaning ( if I am correct on this) that all Jpy pairs will be out of whack ... making the signals these indys give meaningless.

I think this is a problem for all the indys being developed for the IBfx platform and pairs... they wont just swap over even if you change the currency pairs to FxPro pairs and get it to run ... different decimal places means the indys are all out of whack.

I think Ian (ianf0ster) was attempting to put together a bunch of the indys (Orest v 1.2, BuySellBasket and some others) that would deal with this problem... but we havent seen him for a while ... I sent him a PM asking how it was going .... If I hear anything back I'll let you all know.
  • #611
  • Oct 20, 2008 8:00am Oct 20, 2008 8:00am
hai bro..

just a little bit asking..

how i can get profitchart indi developed by trader101 meaning buy..
  • #612
  • Oct 20, 2008 8:18am Oct 20, 2008 8:18am
Quoting Cdavid
Anyone using the spreadsheet from

Setting up the Basics for Trader101 style trading .. http://www.forexfactory.com/showthread.php?t=115014


Bug in 1.1 ... now on 1.2 ... TextImport Connections for NZDJPY and NZDUSD were not set up .... Sorry ... this will mean you will have to go through the file selection set up again if you have not done so already ..shouldnt take long if you have done it once already .... That should be all the modifications for ImportSheet1 done now. .
There is a problem with version 1.2. The EURCHF Range in the import sheet is actually EURGBP. Then 1 symbol EURCHF or EURGBP is missing depending on how you look at it.

Regards
Gary Success is a journey not a destination
  • #613
  • Edited 9:32am Oct 20, 2008 8:26am | Edited 9:32am
Quoting gsurowiec
There is a problem with version 1.2. The EURCHF Range in the import sheet is actually EURGBP. Then 1 symbol EURCHF or EURGBP is missing depending on how you look at it.

Regards
Hi Gary ...

I just double checked mine and it seems fine ... I will download the one that is posted to check it again ... are you sure that when you assigned that Range to a textfile you didnt accidently set it to EURGBP ...

and I think it would be best if we posted this sort of thing and my replies in that thread ... dont want to clog this one up with spreadsheet stuff. ( Sorry Gary .. you did didnt you. LOL)


EDIT: Seems fine Gary.... anyone else having this problem ... EURGBP is importing its Sunday Midnight price and EURCHF is importing its ... seems fine to me Gary... check your TextFile assignments ... or PM me and I'll send you my email for you to send it to me to check. OK mate.
  • #614
  • Oct 20, 2008 8:37am Oct 20, 2008 8:37am
cheers for the reply cdavid! looks like I'm going to have to get ibfx to run that--

and to whomever was looking for the file, its at the top of the page-- lol
  • #615
  • Oct 20, 2008 8:40am Oct 20, 2008 8:40am
I am about to give up on this FXPro digits problem. I am testing this new logic, some programmer , i dont know if this sample will be ok logically


int digits = 2;

ucProfit = NormalizeDouble( (iClose("USDCHF",Period(),i)- iOpen("USDCHF",Period(),i))/0.0001, digits);
ajProfit = NormalizeDouble( (iClose("AUDJPY",Period(),i)- iOpen("AUDJPY",Period(),i))/0.01, digits);

Still internet problem, now i have DDE problem, nothing seems to be working this week. Also I am down on both platform by at least $500.
Julius
  • #616
  • Edited 9:08am Oct 20, 2008 9:01am | Edited 9:08am
Julius, that would work but then you would have to do it for all 14 currencies. There are other ways you could handle this (stringfind "JPY") so that you don't have to change it everytime the currencies in the pairs get changed. PM or MSN me.

dee
  • #617
  • Oct 20, 2008 9:37am Oct 20, 2008 9:37am
Quoting trader101
I am about to give up on this FXPro digits problem. I am testing this new logic, some programmer , i dont know if this sample will be ok logically
......

Still internet problem, now i have DDE problem, nothing seems to be working this week. Also I am down on both platform by at least $500.
Julius
Sounds like your having a bad day Mate... are you still hung over from the wedding I saw you were going to at the weekend ? ... ( just joking ).. http://www.forexfactory.com/images/icons/icon12.gif
  • #618
  • Oct 20, 2008 9:54am Oct 20, 2008 9:54am
Dee,
Cant just run away, it hard to do, not easy to forget. Thanks for the Advice.

This indicator might help the entry of a lot of you. If you think this is crap just throw it away.

Anyways i have this indicator to share. This indicator is called Basket_Indicator. It monitors the 14 pairs for IBFX (I selected IBFX because pairs in IBFX are also available in other platforms). It is still work-in-progress-but-being-used-by-myself-already.

Instruction;
1) Drag to your chart (any chart just one, tf of your choice, I like mine in the 15m or 30 m). Setting all is set, Period should be 10 & 5 .
Line Colors are set at Blue and Red.

Like the old conventional indicator. I trade (14 pair) when they cross. There is a need to smoothens the curve because a lot of those noises are still there but eventually I will solve that issue. This chart is distributed in .ex4 to avoid proliferation of countless revision until its completion. Issued as a preliminary but very good in giving signals already. It has two major crosses already in the 30m TF and was profitable. Welcome your views.

CarlD -- Yeah not a good a start for the week.
Attached Image (click to enlarge)
Click to Enlarge Name: 0003.gif Size: 17 KB
Attached File(s)
File Type: ex4 Basket_Indicator.ex4   9 KB | 2,041 downloads
  • #619
  • Oct 20, 2008 10:34am Oct 20, 2008 10:34am
Julius

I can get Basket Indicator to run on my IBfx STANDARD demo ... but it wont load up at all on my IBfx MINI .. even with the "m" on the end of the curreny pair name in the inputs.... will it work on minis,

Thanks.
  • #620
  • Edited 11:02am Oct 20, 2008 10:43am | Edited 11:02am
Quoting Cdavid
Julius

I can get Basket Indicator to run on my IBfx STANDARD demo ... but it wont load up at all on my IBfx MINI .. even with the \"m\" on the end of the curreny pair name in the inputs.... will it work on minis,

Thanks.
Ill check it,
David i am using it on a standard account.. See the attached graphics??its a std IBFX account. Try redownloading again. Sorry, i completely misundersatood the question, ok ill check the Mini.
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