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Arowara Method

  • #1
  • First Post: Edited Dec 15, 2009 12:23pm Jan 11, 2009 5:24pm | Edited Dec 15, 2009 12:23pm
Thread closed.
Attached File(s)
File Type: ex4 COG.ex4   7 KB | 637 downloads
  • #2
  • Jan 11, 2009 5:44pm Jan 11, 2009 5:44pm
Hi there,

Is there a reason not taking long positions based on your entry rules? "For long entry when GREEN SMA 1 low touch low GREEN COG line." You're not showing any on your chart although it seems to be profitable trades as well.
  • #3
  • Jan 11, 2009 5:47pm Jan 11, 2009 5:47pm
I made an error editing the picture. I've forgot to indicate FOUR high profitably LONG SIGNALS. Then the total profit on the last 10 days on GBPUSD it is up to 1000 pips. Sorry mates...
  • #4
  • Jan 11, 2009 5:54pm Jan 11, 2009 5:54pm
cog repaint...
Patience is the keyword here...
  • #5
  • Jan 11, 2009 5:59pm Jan 11, 2009 5:59pm
Quoting affandiz
cog repaint...
Sure? and how?

maybe it can still be profitable
  • #6
  • Jan 11, 2009 5:59pm Jan 11, 2009 5:59pm
Quoting affandiz
cog repaint...
Yes, it does.
  • #7
  • Jan 11, 2009 6:01pm Jan 11, 2009 6:01pm
Quoting Retal1ator
Sure? and how?

maybe it can still be profitable
It redraws itself, after the fact, to fit past price movement.
  • #8
  • Jan 11, 2009 6:03pm Jan 11, 2009 6:03pm
Have u really tried using ur system for Live trading???

Sonic
  • #9
  • Jan 11, 2009 6:03pm Jan 11, 2009 6:03pm
Quoting billbss
It redraws itself, after the fact, to fit past price movement.
damn
so the price never touch red and green lines of cog?
  • #10
  • Jan 11, 2009 6:11pm Jan 11, 2009 6:11pm
Quoting Retal1ator
damn
so the price never touch red and green lines of cog?
It'll touch them.

When you look at past charts, the COG lines you see look different than they would have looked had you been trading them.

You know what repaint means. The COG lines repaint themselves to fit the price movement, after the fact.
  • #11
  • Jan 11, 2009 6:16pm Jan 11, 2009 6:16pm
Set the COG up on a 1M chart and watch it. You will see if it repaints or not.
  • #12
  • Jan 11, 2009 6:18pm Jan 11, 2009 6:18pm
Quoting billbss
It'll touch them.

When you look at past charts, the COG lines you see look different than they would have looked had you been trading them.

You know what repaint means. The COG lines repaint themselves to fit the price movement, after the fact.
Do you think it is still profitable?
  • #13
  • Jan 11, 2009 6:22pm Jan 11, 2009 6:22pm
Quoting Retal1ator
Do you think it is still profitable?
There's no way to know.
You'll have to forward test it.

Try your indicator on a 1M chart.
I have not tried the COG you posted. It may be different than the ones I've seen repainting.

If yours repaints, you can see it without waiting very long on a 1M.
  • #14
  • Jan 11, 2009 6:24pm Jan 11, 2009 6:24pm
thank you a lot for opening my eyes...
i know there are a lot of indicators that repaints but i created this system on monday when market are close and to be sure i've checked a forum to see if it repaint or not and i've found a wrong info.
the system doesn't work, and i've made a big mistake
  • #15
  • Jan 11, 2009 6:28pm Jan 11, 2009 6:28pm
Quoting Retal1ator
thank you a lot for opening my eyes...
i know there are a lot of indicators that repaints but i created this system on monday when market are close and to be sure i've checked a forum to see if it repaint or not and i've found a wrong info.
the system doesn't work, and i've made a big mistake
Dude..

Try it out in the "forward" testing....

Sonic
  • #16
  • Jan 11, 2009 6:28pm Jan 11, 2009 6:28pm
Quoting Retal1ator
thank you a lot for opening my eyes...
i know there are a lot of indicators that repaints but i created this system on monday when market are close and to be sure i've checked a forum to see if it repaint or not and i've found a wrong info.
the system doesn't work, and i've made a big mistake
I've done the same thing.
Those repainting indicators will look good during a weekend
  • #17
  • Jan 11, 2009 6:36pm Jan 11, 2009 6:36pm
Quoting billbss
I've done the same thing.
Those repainting indicators will look good during a weekend
LOL you're right...!
I hate repainting indicators...
  • #18
  • Jan 11, 2009 6:39pm Jan 11, 2009 6:39pm
Quoting Retal1ator
LOL you're right...!
I hate repainting indicators...
Me too.
We all do
Keep looking. You'll find something that works.
  • #19
  • Jan 11, 2009 6:44pm Jan 11, 2009 6:44pm
Lol, I remember spending a weekend without sleep trying to contain my excitement. It took me twice to learn my lesson.

Keep at it man!

Leon
Living the adventure in my head.
  • #20
  • Jan 11, 2009 7:47pm Jan 11, 2009 7:47pm
You might try this.This is a nonrepainting version of cog but you have to reset the input parameters to match the parameters of the repainting version in post 1.
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