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"vForce" the revolution

  • #281
  • Mar 4, 2009 2:25am Mar 4, 2009 2:25am
E,

The signal is based on the PA from your MT4. Whatever time zone your broker is in then thats the times the signals are based on. I recommend using an IBFX demo for the signals.

FJ

Quoting ezeugo
Please can any one tell me the about the time of the vforce.when signal is send is it for GMT?
Stacking pips since 2002
  • #282
  • Mar 4, 2009 2:35am Mar 4, 2009 2:35am
Quoting forexjedi
E,

The signal is based on the PA from your MT4. Whatever time zone your broker is in then thats the times the signals are based on. I recommend using an IBFX demo for the signals.

FJ

thanks forexjedi.

As l have seen signal for buy.9.30 but the rule on the next 4 candel l mean the green is not there what do l do?to still palce the order or not?
  • #283
  • Mar 4, 2009 2:38am Mar 4, 2009 2:38am
Quoting robdee
Thanks SunPost, welcome to the Force.
Posting is a privilege worth using well.

Keep the those rating votes rolling in folks, we're off to a good start. RD
What are you intentions here begging the newbees for ratings for a thread that is open since two days?

It is a 15M system that catches the trend mostly at the end, how many trades you could have taken since Sunday open if you would have been glued on the screen 24 hours?
  • #284
  • Mar 4, 2009 2:42am Mar 4, 2009 2:42am
I have read the pdf and its pretty well explained but pls let me get it clear, for instance if a long signal appears we should place pending order at 10 pips above the close of the blue candle. then stop loss is it 10 pips below the close of the blue candle or 10 pips below the whole red candle? thank you
Add value everyday in Pips
  • #285
  • Mar 4, 2009 2:49am Mar 4, 2009 2:49am
Pip,

10 pip entry above a blue candle and 10 pips entry below a red candle. A SL is placed 10pips below a blue candle and 10 pips above a red candle.

FJ

Quoting Pip-Stud
I have read the pdf and its pretty well explained but pls let me get it clear, for instance if a long signal appears we should place pending order at 10 pips above the close of the blue candle. then stop loss is it 10 pips below the close of the blue candle or 10 pips below the whole red candle? thank you
Stacking pips since 2002
  • #286
  • Mar 4, 2009 3:02am Mar 4, 2009 3:02am
Hi Rob,

Here is a request for two things
- Could you in the indicator, also draw the price label corresponding to the initial SL ? Not that im lazy enough for not calculating manually....

- Could you confirm we should use the MT4 built-in TS once the trade is in-profit ? Or if not, could you suggest some good TS script ?
Meeeooow !!!
  • #287
  • Mar 4, 2009 3:07am Mar 4, 2009 3:07am
Quoting forexjedi
Pip,

10 pip entry above a blue candle and 10 pips entry below a red candle. A SL is placed 10pips below a blue candle and 10 pips above a red candle.

FJ
Thank you now let me wait for a signal, I will share my experience with this system here, I see from the thread that some no goodders have been saying negative things here, dont let that stop you guys, I gave force5 five stars and I hope to this new system too will be able to achieve that too
Add value everyday in Pips
  • #288
  • Mar 4, 2009 3:07am Mar 4, 2009 3:07am
Which update is valid?

I see the files in post 1 changed today and then I see reference to post 101 being an important update?

I pressume post 1 also has been fixed?
Starting to see instead of just looking.
  • #289
  • Mar 4, 2009 3:30am Mar 4, 2009 3:30am
Quoting Rastaman
Which update is valid?
Look at the messages in the Experts tab of the terminal window to see the version you are using.

vForceAlerts V20090304 is the correct version for everyone as in post 101
http://www.forexfactory.com/showpost...&postcount=101
  • #290
  • Mar 4, 2009 3:42am Mar 4, 2009 3:42am
Quoting niepce
...also draw the price label corresponding to the initial SL
Sure, sounds like a good idea to me, next version will have stop labels too.

Quote
Could you confirm we should use the MT4 built-in TS once the trade is in-profit?

MT4 built-in trailing stops are correct for vForce.

In the Force5 we have been using UpdateStops to manage stops in a two stage process. First move SL to BE (breakeven) then apply the TrailingStop after that.

See UpdateStops at this post 2346
http://www.forexfactory.com/showpost...postcount=2346
  • #291
  • Mar 4, 2009 3:48am Mar 4, 2009 3:48am
Quoting forexjedi
Harold,

Its best you move on then because you clearly have not read the entire thread. Thanks for stopping by

FJ
It's a pity to see two of the people I most respect on FF exchanging harsh words and I would certainly consider Harold's comments differently from the totally unconstructive negativity that this thread has so quickly attracted.

The issue is as to whether a totally mechanical system can really be traded successfully, especially using shorter timeframes, and for most the answer is emphatically not. The advanced rules that FJ mentions are coming will obviously add a critical discretionary element, which imho probably makes all the difference, but of course means the trader actually has to use the space between his ears. The fact that this thread has attracted so much interest is, imho, based not only on the fact the FJ, robdee and others have put in a lot of thought and energy into producing it, but that most of us want to become more consistent and less stressed traders.

In the meantime, I appreciate this thread as at the very least I am sure it can tremendously help the learning process as it unfolds.

Btw, in addition to my discretionary trading (closer to H4x's approach than FJ), I do trade a basket of seven fully mechanical systems on index futures, but this requires a relatively large account. This totally automatic approach is up just under 40% in the last 9 months (with low drawdowns), whereas I target 20% per month in discretionary mode (which I achieve as long as I don't do anything too stupid, which unfortunately I frequently do...).
  • #292
  • Mar 4, 2009 4:04am Mar 4, 2009 4:04am
l want to know how to go about the ALERT am getting from vforce.

when l place those order l still go on a loss so tell me what to do?
  • #293
  • Mar 4, 2009 4:09am Mar 4, 2009 4:09am
Quoting robdee
Look at the messages in the Experts tab of the terminal window to see the version you are using.

vForceAlerts V20090304 is the correct version for everyone as in post 101
http://www.forexfactory.com/showpost...&postcount=101

What was changed in post 1 then?
Starting to see instead of just looking.
  • #294
  • Mar 4, 2009 4:17am Mar 4, 2009 4:17am
Quoting jtrade
It's a pity to see two of the people I most respect on FF exchanging harsh words and I would certainly consider Harold's comments differently from the totally unconstructive negativity that this thread has so quickly attracted.

The issue is as to whether a totally mechanical system can really be traded successfully, especially using shorter timeframes, and for most the answer is emphatically not. The advanced rules that FJ mentions are coming will obviously add a critical discretionary element, which imho probably makes all the difference, but...


That is strange considering the amount of work these guys put into this system and given the harsh nature of Harold's post.
The ridiculing and demeaning attitude directed to someone Harold obviously knew from another thread was quite a turn off and this very same attitude was being displayed towards the creators of this system.

If anyone doesn't agree with a system which is quite rightly posted, in the SYSTEM thread of this board, they have the option to not view the thread.

Also, if Harold has such obvious disdain of such systems, why view the system threads at all?
Starting to see instead of just looking.
  • #295
  • Mar 4, 2009 4:37am Mar 4, 2009 4:37am

Hi Mr . robdee again just today I saw this thread I so much development in this system I remembered that I stopped looking to this system since it was the 5 Min system, because I it didn’t go well with me that time I guess because of the short period. So I hope the 15 min system is help full and well .
nice job again & again ..

  • #296
  • Mar 4, 2009 5:45am Mar 4, 2009 5:45am
hey nice system you guys! i've downloaded it last night and just took a look at it this morning! simple and great! thank you for all the work you've done!
  • #297
  • Mar 4, 2009 5:45am Mar 4, 2009 5:45am
Thanks for sharing!

Would there be the possibility to add an eMail-Alert? I ask because I use MT4 for charting (and trade with another broker) and have it running on a VPS but can't access it from work.
  • #298
  • Mar 4, 2009 5:46am Mar 4, 2009 5:46am
Quoting plasmapants
Unfortunately Oanda dont do trailing stop.
Actually they work on it! It already runs on FXGame Beta. The good thing is that their trailing stop runs at the server side. Might be some weeks until this comes into the FXTrade platform.
  • #299
  • Mar 4, 2009 5:58am Mar 4, 2009 5:58am
Hi guys,

Thankyou to the guys who have put all this together. I will demo over the next couple of weeks and post my results. assuming the system works as well as you say, the only other missing keys are discipline and correct money management to make a success of it.

Well done and Thankyou.

S
  • #300
  • Mar 4, 2009 7:00am Mar 4, 2009 7:00am
Hi FJ & Robdee,

I have to use the word "fantastic" ! Again, thanks a lot for sharing with us your wonderful system. Hope to see you more in the chat room.

JL
~~ Happy Trading ~~
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