"vForce" the revolution | Page 10 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Broker Challenge "NDD/STP" vs. True "ECN" and "Mkt Mkr" broker talk 46 replies

Dealing with "Invalid Price", "Requote", "Server Busy" in MT4 3 replies

vFORCE EU Only 273 replies

It’s our job to trade "Futures" not "Histories", by Joe Ross 7 replies

vForce EA 18 replies

Attachments: "vForce" the revolution
Exit Attachments

"vForce" the revolution

  • #181
  • Mar 3, 2009 12:41pm Mar 3, 2009 12:41pm
R Richards,

You will get about 1 to 3 trades a day. The indicators built into the vForceSignals handle everything. We want to stay away from overtrading. Let vForce do the work for you. Sometimes it will miss a trade. This happens but dont fret becuase theres always another just around the corner. The aim is profit and not to overtrade. Theres no need for extra indicators as I believe Rob and I have all the bases covered with the built in indicators.

FJ

Quoting R Richards
On the average, how often does this signal a trade? It would appear that the trades are few and far between. I understand that the more volitility, maybe the more trade signals, but looking at my charts, i see a lot of places that look like a signal should be there. I do draw in my S&R lines, and those seem to be of no use with this.
Stacking pips since 2002
  • #182
  • Mar 3, 2009 12:41pm Mar 3, 2009 12:41pm
Quoting forexjedi
Bulls,

There is. Go to the thread and you will find the link there. Its a great learning environment and I have mentored many people that chat there.

FJ
Thanks fj,

I got the link and hope to see u there. Just what the doctor ordered.

thank you
bulls
Whats happening in EUR/USD should be happening to you!
  • #183
  • Mar 3, 2009 12:46pm Mar 3, 2009 12:46pm
could you post the original indicators and settings so we can do it manually?
  • #184
  • Mar 3, 2009 12:48pm Mar 3, 2009 12:48pm
Quoting forexjedi
R Richards,

You will get about 1 to 3 trades a day. The indicators built into the vForceSignals handle everything. We want to stay away from overtrading. Let vForce do the work for you. Sometimes it will miss a trade. This happens but dont fret becuase theres always another just around the corner. The aim is profit and not to overtrade. Theres no need for extra indicators as I believe Rob and I have all the bases covered with the built in indicators.

FJ
Any chance vForceSignals can manage my trade also?

Also is the file on page one the updated version?

thx,
todd
  • #185
  • Mar 3, 2009 12:48pm Mar 3, 2009 12:48pm
Based on the rules we would delete our recent BuyStop order, because it wasn't triggered within 4 bars.

TimeFreedom
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_vforce_03-03-09_01.gif Size: 21 KB
  • #186
  • Mar 3, 2009 12:53pm Mar 3, 2009 12:53pm
Time,

Correct, as you can see the 10 pip tag filter did its job. From experience if the trade has no intitated after 4 candles delete the peding as it will not lead to any worhtwhile profit.

FJ

Quoting TimeFreedom
Based on the rules we would delete our recent BuyStop order, because it wasn't triggered within 4 bars.

TimeFreedom
Stacking pips since 2002
  • #187
  • Mar 3, 2009 12:58pm Mar 3, 2009 12:58pm
Blanca,

The indicators will not be release in order to protect the intergrity of the system. They are all listed in the PDF on post 1. If youd like you can bring up your chart and experiment but please dont post your findings here. This thread is in stage 1 of a three stage launch process that is designed to get traders confident in the system without changing antyhing. 90% of a systems success is based on the trader. If I releasse the indicators and theyre setting I know that people will change the settings with the thought it would be more profitable but in fact be corrupting the systems integrity. Im basically saving the trader from self sabatoge and teaching confidence.

FJ

Quoting blanca
could you post the original indicators and settings so we can do it manually?
Stacking pips since 2002
  • #188
  • Mar 3, 2009 1:17pm Mar 3, 2009 1:17pm
What about this entries ?...Do you take all signals(If yes how MM can help here ?)... ?Any suggestions ? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: tr1.gif Size: 15 KB
  • #189
  • Mar 3, 2009 1:30pm Mar 3, 2009 1:30pm
I respect if you dont want to share your indicators and settings, the reason i asked them is because there is already a lot of confusion with the signals, each one has different signals and price feed in their brokers, so the only way to make everybody see the same thing is manual trading.
  • #190
  • Edited 1:53pm Mar 3, 2009 1:37pm | Edited 1:53pm
Quoting Wlfx
What about this entries ?...Do you take all signals(If yes how MM can help here ?)... ?Any suggestions ? Thanks.
Yes, my concern also!! Risk/reward ratio can be sometimes pretty bad, S/L can be over 50pips sometimes and will not be so easy to recover.

I guess BE after 10pips would save you from first trade...I thinking, bigger the S/L, tighter the BE...will look more into it
  • #191
  • Mar 3, 2009 1:48pm Mar 3, 2009 1:48pm
A maximum stoploss would be ideal to keep the Risk:Reward ratio in check...
  • #192
  • Mar 3, 2009 1:53pm Mar 3, 2009 1:53pm
Wlfx,

Trade one did produce a valid signal. At the same time it formed a double top. A double top is a reveral pattern. One should and could have closed the trade seeing this pattern. Trade 2 produced a 137 pips short so one would ask themself why they would long when they are in a prifitable short position. Please see my chart below. These are things that an EA cannot do!

FJ

Quoting Wlfx
What about this entries ?...Do you take all signals(If yes how MM can help here ?)... ?Any suggestions ? Thanks.
Attached Image
Stacking pips since 2002
  • #193
  • Mar 3, 2009 2:00pm Mar 3, 2009 2:00pm
Gas,

One should not be concerned with risk reward. RR is something one needs when using an EA or something like that. You can ease your RR worries by knowing the system has a 70% chance of making 30 pips. If you know your PA the RR is not a problem when mixed with the reliability of the system. My RR is based on the bigger picture of the reliabiliy of the system not on 1 trade at a time. Hope this helps.

FJ

Quoting gasgas
Yes, my concern also!! Risk/reward ratio can be sometimes pretty bad, S/L can be over 50pips sometimes and will not be so easy to recover.

I guess BE after 10pips would save you from first trade...I thinking, bigger the S/L, tighter the BE...will look more into it
Stacking pips since 2002
  • #194
  • Mar 3, 2009 2:02pm Mar 3, 2009 2:02pm
It is good seeing a number of charts being posted to the thread, I hope this continues, I'm a visual learner so I like charts.

I have noticed that sometimes people load very wide chart images into their posts. This creates a problem because it stretches the thread view wider and wider. This has not yet happened in this thread, but it could, so please take note.

The solution is this, do not link large images directly into your posts.

Instead, always use the [Attachments] button in the post editor to upload images directly from your PC. This will create a nice thumbnail of those massive screenshots. If viewers then want to see more detail they click on the thumbnail.

This means that uploading to an image host like tinypic.com is not necessary and not desirable for the readability of this thread.

MT4 Tip
Right-click the chart, use the Save As Picture... to create GIF files.
  • #195
  • Mar 3, 2009 2:09pm Mar 3, 2009 2:09pm
I agree with you, PA still tells it all. One must remember to not enter without looking at what is going on. A DT like that is a good sign that prices will fall, so that was a trade that one could have exited early. As for the second trade, I agree with you...if one is already positive, why try and go in the opposite direction. It's easier said than done right now compared to when it's happening live but remember we must not be greedy and try to take every single trade that shows up. We still must consider what patterns are forming and what PA is saying.

Quoting forexjedi
Gas,

One should not be concerned with risk reward. RR is something one needs when using an EA or something like that. You can ease your RR worries by knowing the system has a 70% chance of making 30 pips. If you know your PA the RR is not a problem when mixed with the reliability of the system. My RR is based on the bigger picture of the reliabiliy of the system not on 1 trade at a time. Hope this helps.

FJ
  • #196
  • Mar 3, 2009 2:20pm Mar 3, 2009 2:20pm
Something that helps me with my exits are Fib Extensions. In the last short we had we can see the price retracing to the 76.4 fib, dropping like a rock, and then making a dead stop at the 61.8 fib extension (Hello!! Exit here!!) then proceed to head up significantly.

The second pic already shows a retrace to the 50 fib, so will have to see how far it'll go if our long gets triggered.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: exits.gif Size: 59 KB
Click to Enlarge Name: exits2.gif Size: 62 KB
  • #197
  • Mar 3, 2009 2:32pm Mar 3, 2009 2:32pm
Quoting forexjedi
Wlfx,

Trade one did produce a valid signal. At the same time it formed a double top. A double top is a reveral pattern. One should and could have closed the trade seeing this pattern. Trade 2 produced a 137 pips short so one would ask themself why they would long when they are in a prifitable short position. Please see my chart below. These are things that an EA cannot do!

FJ
Thank you for your reply FJ...Sorry me you'r right about trade 1...(just do not notice DT). But i do not understand how you make 137pips move down...Entry was at 1.2817 and goes to 1.2757(40pip move) don't you take any actions ????For example move SL to BE or even into +10zone ??? If though price then pulls back into 1.2830...You did nothing and let it go ?Risk already gained 40 pips ? How you were sure that price will go deeper ? Thank you.
Attached Image
  • #198
  • Mar 3, 2009 2:34pm Mar 3, 2009 2:34pm
That 61.8 fib just happened to be the DS1 also.

todd
  • #199
  • Mar 3, 2009 2:45pm Mar 3, 2009 2:45pm
Quoting forexjedi
Gas,
My RR is based on the bigger picture of the reliabiliy of the system not on 1 trade at a time. Hope this helps.
FJ
Point taken...thanks

Regards,
  • #200
  • Mar 3, 2009 3:39pm Mar 3, 2009 3:39pm
Thanks for the replies. Another question. As per your rules: take 80% profit at 20 pips, then you are saying use 3 lots, or ?
0 traders viewing now