Neurus Psar Demark System- 5 Min | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Neurus PSAR 1 hour system 71 replies

PSAR/BB System for Binary Trading Needs EA 12 replies

NEURUS - 1-2-3 Simple System 0 replies

trendchaser psar 268 replies

Very Simple 1hr PSAR System 8 replies

Attachments: Neurus Psar Demark System- 5 Min
Exit Attachments

Neurus Psar Demark System- 5 Min

  • #61
  • Nov 7, 2008 9:29am Nov 7, 2008 9:29am
Thank You. I leave this thread because it has 50% of votes that think this system is bad in the poll.
I use it in 15 Min TF with 30 pips SL, 10-20 TP. And Pivots points.
regards

Quoting jeff5295
I cant understand why this thread has stalled.
I think it's a brilliantly simple system. No indicators, just price action with a very high success rate.

I think maybe the only point which struck a bum note was the 15 SL/5 TP suggestion.
A quick back test of the system shows it much more profitable than that.

Although you don't need indicators, I stuck a CCI on my chart set at 14 and 84 (along the lines of the very successful FX prime 1 min Scalping System).
It gives a great confirmation of the TL break when the 14 crosses the zero line.

Thanks Neurus for sharing this.
  • #62
  • Nov 7, 2008 9:41am Nov 7, 2008 9:41am
"Thank You. I leave this thread because it has 50% of votes that think this system is bad in the poll."

Neurus, maybe you asked the wrong question.
If it was about how profitable it was, I can't see how anyone could argue against it.

As you say, on the higher time frames it's even better.
  • #63
  • Nov 7, 2008 6:53pm Nov 7, 2008 6:53pm
I will close the thread. For mi this is one of the most profitables systems but the visistors dont think so. Obviously they dont test the system.
They are looking for magical systems like some of this forum.
  • #64
  • Nov 18, 2008 12:30pm Nov 18, 2008 12:30pm
hola pibe......

Torres mejor jugador de la premier, por ahora no cambiamos.
Lastima que cierres el hilo, ya sabes la gente espera encontrar un sistema extraordinario y opina sin testear.
A ratos lo estoy probando y ya cuento por aqui mi experiencia. Si quieres algun dia contacta por privado y comentamos.

Un abrazo hermano.
  • #65
  • Dec 12, 2008 6:29pm Dec 12, 2008 6:29pm
I will try this system the next sunday and will post charts of my trades(demo)so please do not close the thread yet,now i am trying it with a simulator and looks really good...
Off topic: Why did you say that with Diego as the coach you won´t win? He IS the best player and will be a great coach... Ademas es XENEIZE!!! o sos gallina por eso no te gusta el Diego?
  • #66
  • Dec 15, 2008 4:06am Dec 15, 2008 4:06am
Thank you.
I like your DT Tata Martino.
  • #67
  • Dec 23, 2008 7:52am Dec 23, 2008 7:52am
neurus very nice work

I have been reading all through your post, and hit the first few trades in profit each time. I am being more conservative (taking only at times 2 pips) because I don't have any money left in my account. But if on a daily basis, I manage to extract 10pips out of the market, I am a HAPPY guy!

I didn't realise the indicator draws the lines for you as well!! Wow

Have a nice Christmas and a pip-ful New Year Sir !

Daniel
  • #68
  • Edited 12:23pm Dec 23, 2008 12:07pm | Edited 12:23pm
Quoting neurus
I decided dont take this trade, but if somebody toke it, now is winning some pips.
Quick question neurus please:

I am OK with the 1st condition (waiting for the trend line to be broken) but when waiting for the 2nd condition, do you have to wait for the bar to actually CLOSE below the closest dot (if you are going to SELL) or can you take the order while the bar is still open ? (risking that it will go against you) ?

I like the simplicity of your system, keep it up
  • #69
  • Dec 23, 2008 2:23pm Dec 23, 2008 2:23pm
I'm also combining this with CCI. It's a nice confirmation and when CCI set-ups align with the TD trendline break, it's a strong scenario.
  • #70
  • Dec 23, 2008 3:01pm Dec 23, 2008 3:01pm
Quoting Thruline
I'm also combining this with CCI. It's a nice confirmation and when CCI set-ups align with the TD trendline break, it's a strong scenario.
What values are you using for CCI ? Can you paste a few example setups you are using for confirmation please?
  • #71
  • Dec 25, 2008 1:40am Dec 25, 2008 1:40am
Quoting danbuttigieg
What values are you using for CCI ? Can you paste a few example setups you are using for confirmation please?
This is 5 minute chart where everything lines up. CCI settings are 34/14
Attached Image (click to enlarge)
Click to Enlarge Name: CCI TLB ZLR.jpg Size: 46 KB
  • #72
  • Dec 25, 2008 9:43am Dec 25, 2008 9:43am
Quoting Thruline
This is 5 minute chart where everything lines up. CCI settings are 34/14
Thank you Thruline. Does ZLR mean Zero Line Red ? I am new to CCI indicator.

Do you find the 5min chart to work just fine or do you find the 15min more stable?
  • #73
  • Dec 25, 2008 1:30pm Dec 25, 2008 1:30pm
Quoting danbuttigieg
Thank you Thruline. Does ZLR mean Zero Line Red ? I am new to CCI indicator.

Do you find the 5min chart to work just fine or do you find the 15min more stable?
ZLR is a pattern of Woodies' CCI.



Zero-line Reject (ZLR) Long :

* The Trend is established up. (See A) (Note the Blue time- bars after the yellow time-bar).
* CCI then moves downwards towards the ZL. (See B) * The CCI then turns back up in agreement with the established trend. (See C)
* In addition, the CZI is blue (cyan) and the SI is green confirming a ZLR.
* Final nuance/rule: the CCI points for a valid setup. You want 15 to 20 difference between previous and CCI entry bar. In the example below, the current CCI bar is +35 and previous CCI was -8, this make a 43 point difference in CCI points.
* If all these conditions are met a Buy is warranted.

Zero-line Reject (ZLR) Short :

* CCI must be in established downtrend with the CCI tracking below the-100 line (See A)
* The CCI line must have change in direction against the establish trend traveling above the -100 line (See B)
* This reverse must occur with the CZI brown for at least three bars * The SI must be yellow or green
* The CCI line must then reverse back (hook down) in the direction of the establish trend CCI breaking the uptrend line. (See C)
* The CCI must be 15 to 20 CCI points greater than previous CCI bar. See the example on the right. We have -47 down to –56 only 9 CCI Points, then the CCI moves on down to -98 giving us a -42 point difference, so this would be a Valid ZLR.
Attached Image (click to enlarge)
Click to Enlarge Name: zlr long.png Size: 87 KB
Attached Image
  • #74
  • Dec 25, 2008 2:11pm Dec 25, 2008 2:11pm
Quoting danbuttigieg
Thank you Thruline. Does ZLR mean Zero Line Red ? I am new to CCI indicator.

Do you find the 5min chart to work just fine or do you find the 15min more stable?
See Stark's thorough explanation of CCI ZLR. Woodie - the CCI guy - likes 15 mins better for Forex, I think. I move all the way up to 60 mins, looking for a set up that seems solid. The Demark valid trendline break may show up on the lower TF and not on the higher one. CCI purists use the CCI itself for trendline breaks.
  • #75
  • Dec 30, 2008 10:40am Dec 30, 2008 10:40am
Baby pips for me guys

This system is surely proving results....trading on a 5minute chart... I'm waiting to do what the indicator tells me to do and winning 2-3 pips MAX, no more, no less

The results are very promising....Wish I could trade 1.00 lot per trade

Could it be developed into an EA ??
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 225 KB
  • #76
  • Edited 6:31pm Dec 30, 2008 5:49pm | Edited 6:31pm
Interesting approach!! If I could ask, what indicator(s) are your specifically referring to? The DemarkLines/PSAR entry system, or the Woddies CCI, or both??

I guess what I am really asking, is that if you are using the CCI for confirmation, are you using a simple 34/14 cross, or the (more complicated) ZLR reject noted above??
  • #77
  • Dec 31, 2008 12:50am Dec 31, 2008 12:50am
Quoting mrkam
Interesting approach!! If I could ask, what indicator(s) are your specifically referring to? The DemarkLines/PSAR entry system, or the Woddies CCI, or both??

I guess what I am really asking, is that if you are using the CCI for confirmation, are you using a simple 34/14 cross, or the (more complicated) ZLR reject noted above??
Hi mrkam,

I am not using CCI at this stage, I wanted to see how it goes with neurus's indicator which in my opinion works just as well on the 5min chart as it does on the 15min (and looking forward to testing it on higher time frames as my account hopefully increases)

The only 2 (3 actually) things I am taking care of before executing a trade is:
1. A break of the trend line
2. Price action would be in line (preferable above/below) the last psar dot or last swing low (little blue/red dot on the indicator)
3. Steer wide away from news events

That's it! So far so good... Happy New Year
  • #78
  • Jan 2, 2009 8:36am Jan 2, 2009 8:36am
Thank you evrybody!!! I`m back.
I use this system with daily pivots points. I analyse the chart in 1 hr timeframe and then trade in 15 min or 5 min.
  • #79
  • Jan 2, 2009 9:36am Jan 2, 2009 9:36am
Quoting neurus
Thank you evrybody!!! I`m back.
I use this system with daily pivots points. I analyse the chart in 1 hr timeframe and then trade in 15 min or 5 min.
Your system is AMAZING neurus!!

Hope you had a great start to 2009!

Personally i am trading 5min charts, and aiming for +2,+3 pips at max (+spread) It has gone PERFECTLY well..... What I'm doing wrong I know is that I am placing no stop loss, I have nothing to loose at this stage (My last $10 are now over 50$)
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 224 KB
  • #80
  • Jan 2, 2009 8:41pm Jan 2, 2009 8:41pm
Quoting danbuttigieg
Your system is AMAZING neurus!!

Hope you had a great start to 2009!

Personally i am trading 5min charts, and aiming for +2,+3 pips at max (+spread) It has gone PERFECTLY well..... What I'm doing wrong I know is that I am placing no stop loss, I have nothing to loose at this stage (My last $10 are now over 50$)

Nice work Dan, I have rarely seen so many greens on a live account. Good Luck with your trading method and keep doing what ever your doing.
Find an Edge. Only way to succeed in this business.
1 trader viewing now