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Signals for Simplicity

  • #981
  • Nov 15, 2008 2:51pm Nov 15, 2008 2:51pm
zznbrm, Thomas Crown and LateComer,

I want to thank you for your replies. I guess I'll start reading. It's a lot of reading, though. LateComer, can you share with me what kind of success you're having with the system?

Thanks,

Clayboy
  • #982
  • Nov 15, 2008 2:59pm Nov 15, 2008 2:59pm
LateComer, can you share with me what kind of success you're having with the system?

Very high profit rate
I can not tell you How much I made !!!!!

But you can test it out and see for yourself

Happy Trading

PS...

REM : on Basket Indy .... The slowline must turn sharp 45* or more before enter trade
The more sharp angle the more pips and long momentum they are
Avoid whipsaw both lines must be parallel formation....

With this setup you can ignore fundamental analysis

I normally turn off candlesticks only MA lines + Basket_ Indy on the charts .when they crossed it alerts me then I start turn on candles to enter trades
  • #983
  • Nov 15, 2008 3:29pm Nov 15, 2008 3:29pm

Avoid whipsaw both lines must be parallel formation....

Hi LateComer,

what do you mean on this phrase "Avoid whipsaw both lines must be parallel formation"?

thx
  • #984
  • Nov 15, 2008 4:08pm Nov 15, 2008 4:08pm
Thanks latecomer,
When you say watch the PIVOT line,you mean in which pair ?
In your chart seems it is G/U and M5 TF.Am I right?
Thanks
Mike
Failure, is a wonderful teacher!
  • #985
  • Nov 15, 2008 6:20pm Nov 15, 2008 6:20pm
Quoting OnTheRoad

Avoid whipsaw both lines must be parallel formation....

Hi LateComer,

what do you mean on this phrase "Avoid whipsaw both lines must be parallel formation"?
thx
Whipsaw= range market

Both lines = fast and slow lines of Basket_indy of T101 pointing same direction in parallel like railroad track ....
  • #986
  • Nov 15, 2008 6:23pm Nov 15, 2008 6:23pm
Quoting mike1349
Thanks latecomer,
When you say watch the PIVOT line,you mean in which pair ?
In your chart seems it is G/U and M5 TF.Am I right?
Thanks
Mike
It works for all pairs if u trade entire basket
If one pair broke pivot then the rest will do the same


I used 5mins TF for early Entry and Exit
15 mins is my main TF Trend
  • #987
  • Nov 15, 2008 6:30pm Nov 15, 2008 6:30pm
Last week 12,036 pips for $11,918. Using the concepts laid out and three of my own indicators. I am a bit embarrassed to post this. and probably will not post any others. I do so, just to point out that there is real potential in this type of trading. I use BasketBars and My own BGS Indicator, (it is a Ocsillator based on the basket), and the NSI Histograms To the right in the screen shot.

I have spoken with several people and have decided not to post these indicators. However, the same results can be had with the info in these threads by several different and excellent approaches. It is all in the threads. Is $10k a week worth spending a month if it takes that long to read all of the threads over and over until it is understood?

Here is a screenshot of my current platform and the one I will stay with.

I am only an average programmer and a pretty good trader, but a very patient, but slow learner. It took a month for me to understand on the level I do now. It was well worth the effort.

I probably won't post on this anymore, because there is nothing new here. It is all in the threads. Julius has given it all to everyone and it is up to each person to figure it out. NOTHING of value comes without a price. The price here is effort.

Good trading to anyone who wishes to take the challenge. It is there for the taking.

Scott
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  • #988
  • Nov 15, 2008 7:06pm Nov 15, 2008 7:06pm
Thanks for your great post SMJ. Every bit of encouragement is appreciated. Ive been at this strategy since the beginning, have been through all of the indicators and am no where near the weekly pip counts of any of you. I'm still hard at it and refuse to give up. One day i'll get there but hopefully I wont be too late!

Luke
  • #989
  • Nov 15, 2008 7:12pm Nov 15, 2008 7:12pm
Quoting smjones
Last week 12,036 pips for $11,918. Using the concepts laid out and three of my own indicators. I am a bit embarrassed to post this. and probably will not post any others. I do so, just to point out that there is real potential in this type of trading.

Scott
Congratulations Scott. You are ahead of me on the learning curve. This is a very interesting way of trading.
  • #990
  • Nov 16, 2008 8:57am Nov 16, 2008 8:57am
Quoting nvwine
Congratulations Scott. You are ahead of me on the learning curve. This is a very interesting way of trading.
I have been studying the concept for some time. I have seen many interesting side effects. Here is one. When I apply my BGS index, (It is a strength index of a group, based on a NN.) I see an interesting effect.

This is a Oscillator. In this screen shot I have GBPJPY up and the BGS index applied to it. One can see there was a turning point in the pair every time the index went overbought or oversold.

I had to think about this for a while, and the reason I came up with is that the index encompasses the entire universe of pairs for this currency grouping and so there can be no response outside of the index.

I would not have seen this relationship if I had not been interested in Julius' approach. I found this actually by accident.

The only problem with this index, is that it is a killer on CPU, but it is worth the tradeoff.

My point in this is that there are other benefits in basket grouping architecture besides the actual methods that Julius has laid out. The entire concept has really opened my eyes to Market depth and structure of the Forex universe.
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  • #991
  • Nov 16, 2008 10:39am Nov 16, 2008 10:39am
Quoting hndymann
Thanks for your great post SMJ. Every bit of encouragement is appreciated. Ive been at this strategy since the beginning, have been through all of the indicators and am no where near the weekly pip counts of any of you. I'm still hard at it and refuse to give up. One day i'll get there but hopefully I wont be too late!

Luke
You say you've been at it "since the beginning". How long is that? Is there no set system? Are individuals adding and subtracting various components of the sytems laid out. What's different between your method and the successful ones?

Clayboy
  • #992
  • Nov 16, 2008 1:14pm Nov 16, 2008 1:14pm
[quote=smjones;2352315]
Last week 12,036 pips for $11,918.

Congrats Scott


Using the concepts laid out and three of my own indicators. I am a bit embarrassed to post this.

There is no reason to be embarrassed helping other people to be as successful as you

I use BasketBars and My own BGS Indicator, (it is a Ocsillator based on the basket), and the NSI Histograms To the right in the screen shot.

I have spoken with several people and have decided not to post these indicators.

I don't know who are these people you talk to but I don't understand such a people

Is $10k a week worth spending a month .......

As you read here Julius had problem with his broker once so I was wondering if you trade live ,Have you had any problem with your broker yet with such a result?

Thank you
Mike
Failure, is a wonderful teacher!
  • #993
  • Nov 16, 2008 2:04pm Nov 16, 2008 2:04pm
Quoting smjones
..... I use BasketBars and My own BGS Indicator, (it is a Ocsillator based on the basket), and the NSI Histograms To the right in the screen shot.

......

Here is a screenshot of my current platform and the one I will stay with.

I am only an average programmer and a pretty good trader, but a very patient, but slow learner. It took a month for me to understand on the level I do now. It was well worth the effort.

I probably won't post on this anymore, because there is nothing new here. It is all in the threads. Julius has given it all to...
Congratulations SMJ,
You have obviously come up with your own (very successful) trading method supported by your own designed and coded indicators.

I suspect that you are trading in the way that I am leaning towards i.e not trading the basket as such, but trading Dollar and Yen strength/weakness.
I have 're-paired' your standard BasketBars indi for this and have been using CCFp and a 're-paired' Orest indi for experimenting. But your NSI is much neater and I think designing the BSG Indicator (oscillator) is just inspired.

I think I had better find a few days time for some more design/coding work.

Before anybody gets too excited by all the pips to be gained in the last few weeks, I feel that I must point out that conditions are unusual. Many systems (even those which do not usually do well) have been bringing in the pips recently. But when conditions change again, many systems will start to lose again.
I do not believe that a 'universally good system' exists, so it is important to have some systems/methods which each work well under differant conditions. Then of course you have to decide which one(s) the current conditions best suit.

Thanks SMJ for the inspiration,
Ian
  • #994
  • Nov 17, 2008 1:03am Nov 17, 2008 1:03am
Quoting smjones
Last week 12,036 pips for $11,918. Using the concepts laid out and three of my own indicators. I am a bit embarrassed to post this. and probably will not post any others. I do so, just to point out that there is real potential in this type of trading. I use BasketBars and My own BGS Indicator, (it is a Ocsillator based on the basket), and the NSI Histograms To the right in the screen shot. Scott
Dear Scott,

I'm using your both indicator and i found that the basketbars v2.1E was occupy a lot of computer memory and cpu usage compare with basketbar on chart.

My question, do you have the latest version of basketbar on chart with the alert function like basketbar v2.1E?

How we can reduce usage of cpu & memory when using the basket bar v2.1E indicator?

Do you think the profitchart by Trader 101 more efficien compare your's? Why?

I hope will hear from you very soon.

Thank
  • #995
  • Nov 17, 2008 9:23am Nov 17, 2008 9:23am
Quoting ianf0ster
Congratulations SMJ,...
Hi Ianf0ster, Please let us know the extent to which all these repaired indicators have worked for you.And if they have given you bountiful harvest of pips,please feel free to post those indicators here as others had done.SMJ I also acknowledge your leadership inspiration.
  • #996
  • Edited 10:02am Nov 17, 2008 9:47am | Edited 10:02am
I've been through this thread and the thread called "Simple Trading Method with trader101" setting up my charts, but I can't find an open code version of "2ProtectAccount.ex4". All I can find are compiled versions, which I can't look at to see what it does or change it to suit my own trading. Is there an open code version available ? Thanks.
  • #997
  • Edited 11:39am Nov 17, 2008 10:34am | Edited 11:39am
good morning everyone.hope you're all having fun making pips.im on a demo account and making some pips steadily while still reading the threads,i have two demo accounts.one for trading only baskets and one to trade jumpers.i noticed however that on one of my demo accounts (the basket one for my demo ibfx)i couldnt set the 2protect account2.(the demo is now up by +1000 pips).no smiley face comes out,instead i get an "X". the EA however is working on my seperate jumpers demo account (which is up by +810 pips).since i dont know much about metaquotes i cant figure out whats up.i have decided to go thru the original thread to see if anyone esle had this problem and how it was fixed but it is a bit of a daunting read.if anyone can help i wud really appreciate it though.thanks in advance.

thanks once again for such a great system.



LOLOLOL DONT WORRY GUYS.DECIDED TO PLAY AROUND WITH MY EXPERT ADVISER TOOL OPTIONS,FIGURED IT OUT.ITS WORKING NOW.


locked in for +1200 pips on that account alone.sometimes its not the best to just sit back and ask for handouts but to think of what cud be the problem and try on ur own to look for the solution.that way you wont forget and it broadens ur knowledge base.
  • #998
  • Nov 17, 2008 8:35pm Nov 17, 2008 8:35pm
I don't see any CPU usage problem - works fine for me.


Quoting ivanyong
Dear Scott,

I'm using your both indicator and i found that the basketbars v2.1E was occupy a lot of computer memory and cpu usage compare with basketbar on chart.

My question, do you have the latest version of basketbar on chart with the alert function like basketbar v2.1E?

How we can reduce usage of cpu & memory when using the basket bar v2.1E indicator?

Do you think the profitchart by Trader 101 more efficien compare your's? Why?

I hope will hear from you very soon.

Thank
  • #999
  • Nov 18, 2008 2:55am Nov 18, 2008 2:55am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader416
I've been through this thread and the thread called "Simple Trading Method with trader101" setting up my charts, but I can't find an open code version of "2ProtectAccount.ex4". All I can find are compiled versions, which I can't look at to see what it does or change it to suit my own trading. Is there an open code version available ? Thanks.
No Trader101 leaves all his codes closed, you will find 2 more versions that have some added options though, there tagged with [1] and [2] not sure which thread they are in.

MPP
  • #1,000
  • Nov 18, 2008 3:25am Nov 18, 2008 3:25am
Quoting MPP
No Trader101 leaves all his codes closed, you will find 2 more versions that have some added options though, there tagged with [1] and [2] not sure which thread they are in.

MPP
I think they are here:
http://www.forexfactory.com/showthre...87#post2282087
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