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WPS system

  • #101
  • Apr 11, 2008 11:33pm Apr 11, 2008 11:33pm
Hello

i post an example of my modificates WPS system...i hope that would be useful


Ele...as you can see...i have others indicators for that reason an EA with the original rules donīt work for me

sorry for my english...obviously is not my native lenguage..

regards



[IMG]file:///C:/DOCUME%7E1/USUARIO/CONFIG%7E1/Temp/moz-screenshot.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/USUARIO/CONFIG%7E1/Temp/moz-screenshot-1.jpg[/IMG]
  • #102
  • Apr 11, 2008 11:52pm Apr 11, 2008 11:52pm
sorry...i cant attach ...iīll try later...
  • #103
  • Apr 14, 2008 10:37am Apr 14, 2008 10:37am
Quoting walter ego
Hello

i post an example of my modificates WPS system...i hope that would be useful


Ele...as you can see...i have others indicators for that reason an EA with the original rules donīt work for me

sorry for my english...obviously is not my native lenguage..

regards



[IMG]file:///C:/DOCUME%7E1/USUARIO/CONFIG%7E1/Temp/moz-screenshot.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/USUARIO/CONFIG%7E1/Temp/moz-screenshot-1.jpg[/IMG]
Hi,As my understanding ,you have a live trading EA for this great system?How to setup and for most pairs?tksele
  • #104
  • Apr 14, 2008 11:15am Apr 14, 2008 11:15am
Hi all
1.Can you code your system to a live trading EA?
2.i tested TF H1 is best for trading gbp/jpy,gbp/usd when the color changing to make the entry,just never wait to cross the stopline,is it ok?
3.Could you kindly tell me if I can enter positions based upon other indicators such as TSF1s_MA and what else?

Hope to get your ideas about them

The best regards,
ele
  • #105
  • Apr 27, 2008 3:45pm Apr 27, 2008 3:45pm
Quoting walter ego
hi eagle

you have reason...the system works very good in trend time...i work in 4H but with another complementaries time frame (15M and 1H) and indicators..TSF1 - SHI Silver - MA crossover signal and NonLagMa it is posible to get a better idea if you are in trend period...

other interesting tema is when you are in trend you can entry (short or long) in parcial trades with suports and resistance and an intelligent money management...i have been work with this system and i havemake US$500/week since 3 weeks.

But i feel that the system have much more potencial that iīm using actually..so, i keep working...

regards
Guys it is simple and it works...just keep the stops relatively tight when on 4hr charts and that will protect you in non-trending periods. The idea here is to catch the trends and go along for the ride. Money management above all is the key to protecting capital in any trading system.

Remember...refine those exits...protect those profits and you'll do just fine.
  • #106
  • Edited 8:49pm Apr 27, 2008 8:45pm | Edited 8:49pm
Thanks for sharing this free84. In the pdf it says that these indicators are for a limited time, then u have to buy. Is that the case or are these unlimited indicators. I have no idea how to check something like that or if you even can. If any one does know how to check please let me know.
I like the cristal ball indicator but would hate to start using it and have it expire on me.
It looks like a joke but i just want to make sure.
thanks in advance.
Nick
  • #107
  • May 8, 2008 7:05pm May 8, 2008 7:05pm
Free 84

How is the method working out for you? Are you still using it? It seems to be a good long term trending system.
  • #108
  • May 29, 2008 4:55pm May 29, 2008 4:55pm
Anyone using this or why if so did u abonded it ?


best regards
  • #109
  • Jun 2, 2008 2:39pm Jun 2, 2008 2:39pm
Hi,

I had some free time and wrote a simple ea using the strategy presented here.

I tested a fiew cases:

1)
buy open on close of bar that broke up the line
buy close on close of bar that broke down the line
- for sell the same

2)

buy open on close of bar that broke up the line
buy close on bar that touched the line
-for sell the same

3) buy open on break of high of bar that broke the line
close like 1,2
-sell the same


1,2,3 not profitable.

Also moving the stops on bar before not profitable. By not profitable i mean that in 1,2 years of testing equity went negative or went up and down and finished after all up but not so high.


p.s pm me if you want the code of the test ea i used.

Please tell me if i missed any case,
thanks Victor
  • #110
  • Jun 19, 2008 12:41pm Jun 19, 2008 12:41pm
Free84....Are you still using this method? I cam across this thread a few days ago. I used this indicator in the usdchf last night and netted 141pips between 2 trades. I'm simply going in the direction of the color change but instead of requiring a break of the signal candle, I am waiting for the next candle to close below the close of the signal candle. I did all of this just for grins on a 15min timeframe. This was necessary because of having to wait an additional bar closing for confirmation of the signal.

I want to work with this indicator further as it does show promise. I was wondering if and when the open code will be made available. If not then is there any way to get an arrow displayed on the chart with an accompanying pop-up window and alert sound? Want to eliminate the amount of time glued to the computer.

Regards,

Daytrade5
"Amat Victoria Curam" Victory Loves Preparation
  • #111
  • Aug 14, 2008 10:48am Aug 14, 2008 10:48am
Daytrade,
I don't know what happend with the leader of this thread, so the show must go on, I do the same you did, and it seams it's good enought, if you want we can share this experience.
Tell us how you work, thank and good luck.
Popeye.

Quoting daytrade5
Free84....Are you still using this method? I cam across this thread a few days ago. I used this indicator in the usdchf last night and netted 141pips between 2 trades. I'm simply going in the direction of the color change but instead of requiring a break of the signal candle, I am waiting for the next candle to close below the close of the signal candle. I did all of this just for grins on a 15min timeframe. This was necessary because of having to wait an additional bar closing for confirmation of the signal.

I want to work with this indicator further as it does show promise. I was wondering if and when the open code will be made available. If not then is there any way to get an arrow displayed on the chart with an accompanying pop-up window and alert sound? Want to eliminate the amount of time glued to the computer.

Regards,

Daytrade5
To make an omelet you have to break a few eggs so breathe and be happy
  • #112
  • Aug 14, 2008 10:59am Aug 14, 2008 10:59am
This is my first,
Popeye

Quoting Popeye
Daytrade,
I don't know what happend with the leader of this thread, so the show must go on, I do the same you did, and it seams it's good enought, if you want we can share this experience.
Tell us how you work, thank and good luck.
Popeye.
Attached Image (click to enlarge)
Click to Enlarge Name: CAD-JPY +39.png Size: 50 KB
To make an omelet you have to break a few eggs so breathe and be happy
  • #113
  • Aug 26, 2008 12:56am Aug 26, 2008 12:56am
Hi Guys,

I've been trying out this strategy (back and forward testing) and I think it's great!

The original WPS though was meant for 4H TF, and I didn't feel it was as effective if it was on a 1H TF. So after some experimentation and testing, I've became quite satisfied with this little "modification" of the WPS system to filter out some bad trades on a 1H TF.

Additional Indicators:
1) MACD (8,21,8)
2) TSF1s_MA indicator which was attached on post #77

Long:
1) WPS original criteria (Blue close above the wonderful stop line)
2) MACD on the bar of before entry (both Value and Signal) must be higher than the previous bar.
3) TSF1s_MA line crossing (touching) the Wonderfule stop line from below

Short:
1) WPS original criteria (Red close below the wonderful stop line)
2) MACD on the bar of before entry (both Value and Signal) must be lower than the previous bar.
3) TSF1s_MA line crossing (touching) the Wonderfule stop line from above
Attached Image (click to enlarge)
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  • #114
  • Aug 26, 2008 8:19am Aug 26, 2008 8:19am
Just came across this thread, where's the author? Anybody in contact with him?

gtrade
  • #115
  • Aug 26, 2008 8:33am Aug 26, 2008 8:33am
Apparently disappeared from this thread quite some time ago already
  • #116
  • Aug 26, 2008 3:36pm Aug 26, 2008 3:36pm
Quoting maximteo
Hi Guys,

I've been trying out this strategy (back and forward testing) and I think it's great!

The original WPS though was meant for 4H TF, and I didn't feel it was as effective if it was on a 1H TF. So after some experimentation and testing, I've became quite satisfied with this little "modification" of the WPS system to filter out some bad trades on a 1H TF.

Hi maximteo!

Can you post your template please..
Sooner or later, those who win are those who think they can.
  • #117
  • Oct 29, 2008 5:33am Oct 29, 2008 5:33am
Let's improce this thread
  • #118
  • Oct 29, 2008 4:45pm Oct 29, 2008 4:45pm
Anyone,

What happened to this thread - by all looks it looks like a winner - long term and short term trade. I know sometimes when there's nothing to add to improve a method, it tends to die out. If anyones is interested I'd like to see people post trades and we can analyis the good and bad. I also found an indicator which provide a much better exit for this method.
  • #119
  • Oct 29, 2008 8:44pm Oct 29, 2008 8:44pm
Quoting mitchp
Anyone,

What happened to this thread - by all looks it looks like a winner - long term and short term trade. I know sometimes when there's nothing to add to improve a method, it tends to die out. If anyones is interested I'd like to see people post trades and we can analyis the good and bad. I also found an indicator which provide a much better exit for this method.
It's sound good if you have an indicator to provide a much better exit for this method.
Would you want to share with us?
  • #120
  • Oct 29, 2008 9:49pm Oct 29, 2008 9:49pm
The indicator that I'm testing is the Super Signal indicator found in "my own developed benkyalate system" thread.

Time will tell if it's the real thing, but for now its looking pretty good - see the example below.

The one thing that I see is that you have to verify the crystal ball indicator has changed colors, this probably means you might have to wait till two same color candles/bars appear (I've seen it change colors a coupel times during a 4 hr bar).

I'm just in demo right now. Noticed that EURGBP has switched over to GREEN and is up at this time. I have placed a buy trade at .7990 (FXDD - 9:48 pm CST). Lets see where this goes.
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