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"vForce" the revolution

  • #21
  • Mar 2, 2009 10:48pm Mar 2, 2009 10:48pm
Karun,

Understood. It appears that the indicator did not color the 13:30 candle which is the actual candle that would have initiated the trade. Even though the candle that initiated the trade is not green it is the only candle that would have opened the pending long. This is a rare occurance. Although the trade would have still made almost 20 pips.

FJ

Quoting karun
Just want to make it clear, I have attached the chart for reference. So that we dont get confused.
Stacking pips since 2002
  • #22
  • Mar 2, 2009 11:08pm Mar 2, 2009 11:08pm
Quoting forexjedi
Karun,

Understood. It appears that the indicator did not color the 13:30 candle which is the actual candle that would have initiated the trade. Even though the candle that initiated the trade is not green it is the only candle that would have opened the pending long. This is a rare occurance. Although the trade would have still made almost 20 pips.

FJ
No worries and I have no complaints about the trade .

I was just addressing this post by fxcash

Quoting Fxcash
=

2. I noticed on past charts with Eur/Usd that the a blue candle appeard and then followed by a green candle however the green candle was not 12 pips higher than the high of the blue candle. Again these are past charts. Is there a reason for this?
  • #23
  • Mar 2, 2009 11:10pm Mar 2, 2009 11:10pm
Thanks for posting this method. I look forward to following very closely and hopefully becoming one day financially independent and able to trade forex for a living.
  • #24
  • Mar 2, 2009 11:12pm Mar 2, 2009 11:12pm
This is, by FAR, the easiest system I have ever come across anywhere Great work!
  • #25
  • Mar 2, 2009 11:16pm Mar 2, 2009 11:16pm
Quoting karun
No worries and I have no complaints about the trade .

I was just addressing this post by fxcash

Thanks karun, for also clarifing my questions as well
  • #26
  • Mar 2, 2009 11:16pm Mar 2, 2009 11:16pm
Para,

Its Robdee's amazing work and MT4 skills that made this system as easy as looking at three colored candles. Theres actually 8 indicators working behind the scenes generating the signals.

FJ

Quoting paradoxical
This is, by FAR, the easiest system I have ever come across anywhere Great work!
Stacking pips since 2002
  • #27
  • Mar 2, 2009 11:43pm Mar 2, 2009 11:43pm
Hi FJ and Robdee , thanks for the great thread , i do have a question on canceling a trade . In the attached photo , the red signal is given followed by a green indie ... the trade will have to be canceled do to the fact the price did not break 10-pips below the red candle low ,( in the green candle ).Hence four time candles have passed and trade should be canceled.... am i correct on this .... thanks in advance , buffalopip ....
Attached Image (click to enlarge)
Click to Enlarge Name: v-force.gif Size: 15 KB
  • #28
  • Mar 2, 2009 11:50pm Mar 2, 2009 11:50pm
Buffalopip,

Correct! During testing it shows that if the trade does not initiate within 4 candles then end effect is a trade that produces less than 30 pips.

FJ

Quoting buffalopip
Hi FJ and Robdee , thanks for the great thread , i do have a question on canceling a trade . In the attached photo , the red signal is given followed by a green indie ... the trade will have to be canceled do to the fact the price did not break 10-pips below the red candle low ,( in the green candle ).Hence four time candles have passed and trade should be canceled.... am i correct on this .... thanks in advance , buffalopip ....
Stacking pips since 2002
  • #29
  • Mar 3, 2009 12:00am Mar 3, 2009 12:00am
I just hope this doesn't go the way of so many systems that were decent and then the creators see a way to pad their trading accounts with paid trading rooms and the like.

I really liked the spirit of the original thread and FJ put a huge amount of time into teaching people, and everyone he helped... helped others and so on and so on, it would really be a shame if it ends up that way.



Good luck. I wish you guys all the best.
The trend always ends.
  • #30
  • Mar 3, 2009 12:03am Mar 3, 2009 12:03am
Information on user settings:

vForceSignals = True
vForceTrend + vForceADXBB + vForceVol + vForceRange

PaintSignalCandles = True
painting of signal candle bodies on the price chart

PaintConfirmCandles = True
painting of confirm candle bodies on the price chart

ConfirmPips = 10
number of pips to exceed signal candle to confirm it

ShowPriceLabels = True
print price labels at confirm/entry prices

AlertPopups = True
enable alert popup window

AlertSoundFile = "alert2.wav"
the WAV file must be located in the MT4sounds folder

AlertSoundRepeats = 3
number of WAV file play repeats after the first alert sound

ShowAlertArrows = False
print alert arrows on the price chart (default = disabled)
  • #31
  • Mar 3, 2009 12:03am Mar 3, 2009 12:03am
Quoting forexjedi

http://www.forexfactory.com/nfs/sign...gpic9556_1.gif


Dear Traders,

At last after countless days and untold amounts of time I have created what I feel is my finest work in my 7 years in forex. With the help of Robdee and his superior MT4 skills whom has created the fine layout of these charts and programming 8 indicators into 1 super efficient alert system vForce has reached its launch stage. The charts below will tell all as Rob and I attempt to take all traders on the ride of a lifetime turning a...
Hi Forexjedi,

Your system looks very interesting. I trade the EUR 70% of the time so I'll give this a go and see what happens. So all of the filters are built into the indicator and there's no need for additional MAs or anything else to be added?

Have you optimized the indicator settings for any other pairs such as USDCHF or GBPUSD?
  • #32
  • Mar 3, 2009 12:05am Mar 3, 2009 12:05am
Quoting forexjedi
Buffalopip,

Correct! During testing it shows that if the trade does not initiate within 4 candles then end effect is a trade that produces less than 30 pips.

FJ
Again , Great job on this thread . One more question . Due to all the indies that are running in the back ground , is it safe to assume that you can use this on a 24-hr time frame for trading , or just during certain hours ... i read this as being used on a 24-hr period and not just the Euro or Amreican sessions ....
  • #33
  • Mar 3, 2009 12:06am Mar 3, 2009 12:06am
To all,

I will never ask for a dime from anyone. Everything I do is with the intention of helping people and in no way will I ever charge for anything. This will always be free with no strings attached. Anyone who has been part of my 5min thread knows me this way. The vForce will work on the same principles of people helping people right here on FF for free.

FJ

Quoting ShamusFamous
I just hope this doesn't go the way of so many systems that were decent and then the creators see a way to pad their trading accounts with paid trading rooms and the like.

I really liked the spirit of the original thread and FJ put a huge amount of time into teaching people, and everyone he helped... helped others and so on and so on, it would really be a shame if it ends up that way.



Good luck. I wish you guys all the best.
Stacking pips since 2002
  • #34
  • Mar 3, 2009 12:09am Mar 3, 2009 12:09am
Ozzie,

Everything is all built in. The system is constantly calculating everything from trend movement to range movement. Nothing at all needs to be added. It is optimised for EU 15min only. I wouldnt try to trade anyother times or pairs. Testing is in progress for other pairs.

FJ

Quoting ozziedave
Hi Forexjedi,

Your system looks very interesting. I trade the EUR 70% of the time so I'll give this a go and see what happens. So all of the filters are built into the indicator and there's no need for additional MAs or anything else to be added?

Have you optimized the indicator settings for any other pairs such as USDCHF or GBPUSD?
Stacking pips since 2002
  • #35
  • Mar 3, 2009 12:10am Mar 3, 2009 12:10am
buffalopip,

This system is a 24 hour system. If the market is open you can trade this system. You will find that the vForce will not generate any trades when there is no volume ect..

FJ

Quoting buffalopip
Again , Great job on this thread . One more question . Due to all the indies that are running in the back ground , is it safe to assume that you can use this on a 24-hr time frame for trading , or just during certain hours ... i read this as being used on a 24-hr period and not just the Euro or Amreican sessions ....
Stacking pips since 2002
  • #36
  • Mar 3, 2009 12:11am Mar 3, 2009 12:11am
FJ, Robdee

You guys have been great in helping many of us in developing our forex skills. I am a slow learner and therefore appreciate the amount of time you both take in helping people like myself by creating such a simple way of trading.

I thank you both in helping me and others achieving our goals in being successful in forex. I am looking forward to trying this very promising indicator.

I am off to the charts to try it out.

Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #37
  • Edited 12:21am Mar 3, 2009 12:12am | Edited 12:21am
Quoting ShamusFamous
...then the creators see a way to pad their trading accounts with paid trading rooms and the like.
I wonder how well you know Jedi and I with comments like that. If you knew us well you would know we do this because we want to give back to the community of traders. We know what it feels like to struggle for years, we're here only to help by giving fellow traders something that could make a difference in their trading career.

I can't imagine what ForexJedi and I have done to give you any doubts about our motives. RD

PS If you like what we do please rate this thread so when others search FF they can find this system.
  • #38
  • Mar 3, 2009 12:15am Mar 3, 2009 12:15am
Ezzy,

Nice to see you here. The vForce will be a fine addition adding extra pips to your account. Dont stop trading the 5min system instead add vForce as a way to increase your pip gain along side my 5min system.

FJ

Quoting Ezzy
FJ, Robdee

You guys have been great in helping many of us in developing our forex skills. I am a slow learner and therefore appreciate the amount of time you both take in helping people like myself by creating such a simple way of trading.

I thank you both in helping me and others achieving our goals in being successful in forex. I am looking forward to trying this very promising indicator.

I am off to the charts to try it out.

Ezzy
Stacking pips since 2002
  • #39
  • Edited 9:18am Mar 3, 2009 12:27am | Edited 9:18am
Is there a reason why this isn't an EA yet? Or do I have to step up?

Note,

The Indicator needs to be attached to the chart!!!

The way the EA works is it looks for the arrows pointed on the chart by the indicator. Once it identifies those arrows, it can figure out where to place the trade.

In my quick testing, the EA did not always properly identify the correct arrow to use. I am still trying to work out that particular bug.


ForexJedi, if you prefer to not have an EA on this thread, let me know and Ill remove it.

[Edit: EA source code removed temporarily. Locked demo version is available.]
[Edit #2: Multiple trade-management added so the MM in the manual can be properly applied]
[Update: I am currently working with forexjedi to make sure that the EA works exactly as the system is described. I hope to release the source code by Friday at the latest.]
Attached File(s)
File Type: ex4 vForce.ex4   20 KB | 1,601 downloads
  • #40
  • Mar 3, 2009 12:36am Mar 3, 2009 12:36am
Nice Work Again Mr. Jedi!
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