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  • #1,101
  • Mar 25, 2007 8:27pm Mar 25, 2007 8:27pm
Howdy Trinity,

Just for clarification I now trade the GbpJpy & the GbpUsd as in Post 1078 with 1 additional filter. Make sure the candle when the NI changes and the PSTD is below or above the PMTD depends SHort or Long that it has gone thru the Predicted Low for Shorts or Predicted High for Longs.

I now back tested the GBPCHF and I will use this method to trade it.
Backtesting has resulted in 70% winners and 63% of the total trades > greater than 100pips.

I have posted a marked up chart to illustrate.
Hope its clear.

Felllow Pip Hunter

Bill
Attached Image
"When there is no peril in the fight there is no glory in the triumph."
  • #1,102
  • Mar 25, 2007 8:43pm Mar 25, 2007 8:43pm
Thanks for your careful research, Bill -- great results. At the moment I can only agree, but cannot add anything yet. I shall be trying out an EA to TP at various levels, with a stop loss, and am trying to get a friend to add a Trigger for a trailing SL.
  • #1,103
  • Mar 29, 2007 10:53am Mar 29, 2007 10:53am
Hi guys, I have been reading your thread for a while and very intruiged by all your findings help you guys give each other- thats awesome.I have to add that i am pretty new to this but have been trading just for fun for almost a year now.I wonder if anyone could tell me how much you paid for this software, and if anyone is using it to trade different markets, and overall results, and do you honestly think that the software could pay for itself.And isn't predicting what the markets are going to do just a wild stab in the dark, or is there some real credibillity to the predictions of this software. Hope I am not asking too many questions, but if someone could enlighten me with some facts- that would be much appreciated.Cheers fellow pip hunters.
  • #1,104
  • Mar 29, 2007 10:57am Mar 29, 2007 10:57am
The most comprehensive and up-to-date info on VP useage is at TraderChat.

Quoting pipsgalore
Hi guys, I have been reading your thread for a while and very intruiged by all your findings help you guys give each other- thats awesome.I have to add that i am pretty new to this but have been trading just for fun for almost a year now.I wonder if anyone could tell me how much you paid for this software, and if anyone is using it to trade different markets, and overall results, and do you honestly think that the software could pay for itself.And isn't predicting what the markets are going to do just a wild stab in the dark, or is there some real credibillity to the predictions of this software. Hope I am not asking too many questions, but if someone could enlighten me with some facts- that would be much appreciated.Cheers fellow pip hunters.
  • #1,105
  • Mar 29, 2007 11:01am Mar 29, 2007 11:01am
Quoting BeachBum
The most comprehensive and up-to-date info on VP useage is at TraderChat.
And here's a great article on VantagePoint that you will also find at the site BeachBum mentioned: www.traderchat.com
Attached File(s)
File Type: pdf VantagePoint042007.pdf   153 KB | 1,107 downloads
  • #1,106
  • Edited 7:34pm Mar 29, 2007 3:44pm | Edited 7:34pm
Hi Everyone

I am currently working on a VP 64 Excel Spread Sheet that will be ported to 7.0 eventually, But I thought I would give you a peak.

Still working on some formating bugs and am planning to add switches to turn on and off things like WilliamK's 4-5, Short/Medium Blue line cross, ATR from VP Data, Fib Pivot points from VP data and suggestions from others.

This spread sheet will be able to read all history files from VP 64 at one swoop. It will also read all 7.0 sheets when I work on that version too.

One Major Problem though Colors only work in Excel 2007 spreadsheets

Here is the Link to the Flash File
http://www.divshare.com/download/305862-81a

Here is the Link to an AVI file
http://www.divshare.com/download/306632-f7e

Enjoy the Show
Cyclone
  • #1,107
  • Mar 29, 2007 5:43pm Mar 29, 2007 5:43pm
Quoting williamk
Howdy Trinity,

Just for clarification I now trade the GbpJpy & the GbpUsd as in Post 1078 with 1 additional filter. Make sure the candle when the NI changes and the PSTD is below or above the PMTD depends SHort or Long that it has gone thru the Predicted Low for Shorts or Predicted High for Longs.

I now back tested the GBPCHF and I will use this method to trade it.
Backtesting has resulted in 70% winners and 63% of the total trades > greater than 100pips.

I have posted a marked up chart to illustrate.
Hope its clear.

Felllow Pip Hunter

Bill
Hi Bill

Great results. Wish I could could that. Can I ask where your initial stop was an rationale for it's placement.

Having trouble finding it.

Cheers

Here's to more pips
  • #1,108
  • Mar 29, 2007 6:29pm Mar 29, 2007 6:29pm
Quoting Cyclone
Hi Everyone

I am currently working on a VP 64 Excel Spread Sheet that will be ported to 7.0 eventually, But I thought I would give you a peak.

Still working on some formating bugs and am planning to add switches to turn on and off things like WilliamK's 4-5, Short/Medium Blue line cross, ATR from VP Data, Fib Pivot points from VP data and suggestions from others.

This spread sheet will be able to read all history files from VP 64 at one swoop. It will also read all 7.0 sheets when I work on that version too.

One Major Problem though Colors only work in Excel 2007 spreadsheets

Here is the Link to the Flash File
http://www.divshare.com/download/305862-81a

Enjoy the Show
Cyclone,
This is a fantastic idea!!! One of the drawbacks of trading with VP is the amount of time it takes to interpret reports and execute different strategies. Your spread sheet should prove to be an excellent tool, especially for those of us who aren't as well versed in Excel programming and I cant wait to give it a try. Keep us posted on your progress.

PS - Where can I get a program to view the file you posted? Im having trouble opening it.

Bill
  • #1,109
  • Mar 29, 2007 9:29pm Mar 29, 2007 9:29pm
Howdy timaru69,

I am using a straight 100pips Stop Loss. I was using 1 ATR or 70% of 1 ATR but with the GbpJpy's ATR as High as 400pips thats just plain crazy. As far as a rational I went back and checked what would allow me to enter and leave enough run to catch a trend when it happened.

Hope that helps

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #1,110
  • Mar 30, 2007 3:54am Mar 30, 2007 3:54am
Quoting williamk
Howdy timaru69,

I am using a straight 100pips Stop Loss. I was using 1 ATR or 70% of 1 ATR but with the GbpJpy's ATR as High as 400pips thats just plain crazy. As far as a rational I went back and checked what would allow me to enter and leave enough run to catch a trend when it happened.

Hope that helps

Bill
Hi Bill

Thanks for that, you probably have answered this but

Re entry point do you use the projected low +/- x number of ticks or do you trade at the open?

Cheers again

Regards

T
  • #1,111
  • Mar 30, 2007 1:14pm Mar 30, 2007 1:14pm
Howdy T,


I use just enter @ the market when I download the data and decide to enter that market.


Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #1,112
  • Edited 2:17pm Mar 30, 2007 1:27pm | Edited 2:17pm
Hey all! Just wanted to thank everyone for posting their input. I am fairly new to trading and have read this entire thread and check it daily for new posts. After reading the post i decided to purchase VP and just did so a few minutes prior this message. Again, thanks a million, or should a say, thanks a pips for all of the valued information.

p.s.

Could someone also tell me what the PH & PL was for the GBP/USD today? Just wanting to get a feel for her. I'm so anxious!
  • #1,113
  • Mar 31, 2007 5:00am Mar 31, 2007 5:00am
Howdy WW4Pips, & welcome aboard!

Using CSI data, the Pred Hi/Lo I had for GBP/USD Friday 3/30 were 1.9703 & 1.9588.

And as a result of Friday's action, there is a 'buy' signal on the 4 out 5 system, but not with the latest approach Bill posted nor with the approach I posted previously either.... the predicted hi/lo for the next trading day are 1.9721 & 1.9634...

Take some time to demo trade using VP to help light the way, and again, Welcome
  • #1,114
  • Apr 2, 2007 10:01pm Apr 2, 2007 10:01pm
Quoting Tango46
Howdy WW4Pips, & welcome aboard!

Using CSI data, the Pred Hi/Lo I had for GBP/USD Friday 3/30 were 1.9703 & 1.9588.

And as a result of Friday's action, there is a 'buy' signal on the 4 out 5 system, but not with the latest approach Bill posted nor with the approach I posted previously either.... the predicted hi/lo for the next trading day are 1.9721 & 1.9634...

Take some time to demo trade using VP to help light the way, and again, Welcome
Thanks for the welcome. As of today I finally got the program up and running. It was pretty simple to learn thanks to the posts here, it made everything make sense. I downloaded my data using CRB and have already placed some trades using the 4 out of 5 mehtod. I must say I have already hit some limits and made some pips on my demo account. I feel this is going to be an awesome ride having the VP software. Thanks again to all and thank you tango for the welcome!
  • #1,115
  • Apr 2, 2007 10:16pm Apr 2, 2007 10:16pm
Howdy willwork4pips,

The 4 out of 5 method works well but read my post # 1101 you will find the results much better.

Also check out Trader Chat forum @ www.traderchat.com

Many, great ideas from traders not only trading Forex but commodities also which gets your mind exploring other methods.

Fellow Pip Hunter

Bill
"When there is no peril in the fight there is no glory in the triumph."
  • #1,116
  • Apr 2, 2007 10:24pm Apr 2, 2007 10:24pm
I took a shot of my workstation so you can see how I make all those pips
Attached Image
"When there is no peril in the fight there is no glory in the triumph."
  • #1,117
  • Edited 6:27am Apr 3, 2007 6:24am | Edited 6:27am
Quoting williamk
I took a shot of my workstation so you can see how I make all those pips
Hi Bill

Bit draughty in your office I bet .

I was reading your post re your new filter. I spotted an interesting entry on GBPJPY on the 30 March 2007 and was interested to know if you traded this particular entry.

I have posted a notated chart.

The daily report showed a 5/5 so all criteria were meet.

Interested to know if you were stopped out and if you have tested entry at PLOW/PHigh +/- x number of pips.

Thanks Bill
Attached Image
  • #1,118
  • Apr 3, 2007 7:49am Apr 3, 2007 7:49am
Howdy timaru69,

Great observation with the "4 out of 5" on the 30th but no I didn't take that trade because of 2 reason. The 1st reason is I don't trade the "4 out of 5" anymore. It work excellent on version 6.4 but not as well on version 7.0. The 2nd reason is I now use the method I posted about @ # 1101 on this thread.

As U can see from the chart I posted on the 30th the candle didn't break the Predicted High and the Predicted Short Term Diff is not above the Predicted Med Term Diff. On the 4/2 it meet all the requirements and I entered last nite and as of this post well over 140pips so far.
"When there is no peril in the fight there is no glory in the triumph."
  • #1,119
  • Apr 3, 2007 7:50am Apr 3, 2007 7:50am
Sorry clicked Sumit before posting chart
Attached Image
"When there is no peril in the fight there is no glory in the triumph."
  • #1,120
  • Apr 3, 2007 7:58am Apr 3, 2007 7:58am
Nice trade Bill..................however, I must object to your using a picture of MY workstation to promote yourself............


Quoting williamk
Howdy timaru69,

Great observation with the "4 out of 5" on the 30th but no I didn't take that trade because of 2 reason. The 1st reason is I don't trade the "4 out of 5" anymore. It work excellent on version 6.4 but not as well on version 7.0. The 2nd reason is I now use the method I posted about @ # 1101 on this thread.

As U can see from the chart I posted on the 30th the candle didn't break the Predicted High and the Predicted Short Term Diff is not above the Predicted Med Term Diff. On the 4/2 it meet all the requirements and I entered last nite and as of this post well over 140pips so far.
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