"vForce" the revolution | Page 17 | 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

  • #321
  • Mar 4, 2009 2:52pm Mar 4, 2009 2:52pm
Quoting robdee
RR, yes we're seeing this the same.

We all must accept that candle close prices vary significantly from feed to feed. This means that signals that depend on these prices will also vary.

This calls into question the 'quality' of data being fed, how accurately does it reflect the broader market, especially those important candle closing prices.

With this in mind, is there a 'best' or 'worse' data feed ?

Anyone have evidence or inside knowledge of price sources?
This has nothing to do with the quality more than the consistency of the data feed.

Is is possible that the lag in ticks can cause different patterns in the candles?
  • #322
  • Mar 4, 2009 3:00pm Mar 4, 2009 3:00pm
Hi all,

To fix this issue I will do what I did in my 5min system thread and recommend that everyone use an IBFX demo for their signal. This way everyone is on the same page with regards to the signals.

IBFX.com

FJ

Quoting Ronald Raygun
This has nothing to do with the quality more than the consistency of the data feed.

Is is possible that the lag in ticks can cause different patterns in the candles?
Stacking pips since 2002
  • #323
  • Mar 4, 2009 3:12pm Mar 4, 2009 3:12pm
Quoting robdee
MH, thanks for your feedback. Email alerts are not a high priority. However I will include this in the next version of vForceAlerts. MT4 has settings in Tools.Options.Email you'll need to become familiar with and test. Please advise what information you want included in the email messages. RD

RD,

Thanks for the reply. I understand that a mail option is pretty low on the priority list. I appreciate that you are at least considering it. I am currently using the MT4 mail option to send alerts to my cell phone by text. It seems to work slick when I am away from the computer or at work. Initially it would be great if we could get the same alert that is happening when the alert window pops up. Ideally, it would be great if we can get a "Long" or "Short" alert along with the with the pending order value (that displays in the flag).
I am working towards trying MT4 mobile and since you can't run custom indicators, it would be nice to know if the signal was a short or long and what value I should enter for the pending order. Again, thanks for a great system and considering the mail option.

MH
  • #324
  • Mar 4, 2009 3:17pm Mar 4, 2009 3:17pm
I think this is a great idea but I'm a bit confused on what all the fuss is about. First off, I agree with you FJ, there has been some negativity here and I don't understand why. It's not a hard method to follow, it's free but more than that, you and Robdee are not just putting it out there and that's it.

You are helping along the way, so I hope you can let the negative comments fly by you and not decide to close the thread completely (you never said that but I just hope it does not come to that). Now as for this whole price feed thing and people having different signals, isn't that part of trading?

I mean, why should one feel because some got a signal and they didn't that it's such a bad thing. It happens. We all have different feeds, platforms, live in different time zones, so this is just another variable to me. Yes it may be frustrating to some but it's really not that big of a deal. Take the current trade for instance, if it was a loser, for those whose platform did not signal that trade, are they going to be upset that they missed out on a losing trade? I don't think so. So if you miss out on a winning trade, it's not the end of the world. I have the faith in FJ, Robdee and this method that in the long run (even if I miss some trades, I still will end up learning something and having made some money).

Some will not agree with me and that's fine but I just wanted to say my piece because I think that rather than complaining about what we dont' have, we all can be thankful and grateful for what we do have...and that's FJ and Robdee giving up their time to create this method, share it with us and try to turn as many unsuccessful traders into successful ones and hopefully millionaires one day.

Good Trading To All!

Quoting forexjedi
Hi all,

To fix this issue I will do what I did in my 5min system thread and recommend that everyone use an IBFX demo for their signal. This way everyone is on the same page with regards to the signals.

IBFX.com

FJ
  • #325
  • Mar 4, 2009 3:28pm Mar 4, 2009 3:28pm
Quoting Siuol
I think this is a great idea but I'm a bit confused on what all the fuss is about. First off, I agree with you FJ, there has been some negativity here and I don't understand why. It's not a hard method to follow, it's free but more than that, you and Robdee are not just putting it out there and that's it.

You are helping along the way, so I hope you can let the negative comments fly by you and not decide to close the thread completely (you never said that but I just hope it does not come to that). Now as for this whole price feed thing and people...
That sir was an excellent post. I shall give you many pancakes if we ever meet.
The trend always ends.
  • #326
  • Mar 4, 2009 3:34pm Mar 4, 2009 3:34pm
Thanks. I would gladly accept!

Quoting ShamusFamous
That sir was an excellent post. I shall give you many pancakes if we ever meet.
  • #327
  • Mar 4, 2009 3:48pm Mar 4, 2009 3:48pm
Quoting forexjedi
Trades so far today are numbered at 2. The first trade is a loosing trade. If one knows their PA which we will begin learning in the advanced vForce launching soon they could have exited at the higher low shown in the chart below. Trade 2 is still in progress and is profiting nicely. Chart below.
After this signal there is no further signals? and you named it M15??
I thought there will be three four trades everyday!
Thanks
  • #328
  • Mar 4, 2009 3:53pm Mar 4, 2009 3:53pm
Quoting Siuol
I think this is a great idea but I'm a bit confused on what all the fuss is about. First off, I agree with you FJ, there has been some negativity here and I don't understand why. It's not a hard method to follow, it's free but more than that, you and Robdee are not just putting it out there and that's it.

You are helping along the way, so I hope you can let the negative comments fly by you and not decide to close the thread completely (you never said that but I just hope it does not come to that). Now as for this whole price feed thing and people...
I totally agree with you in appreciating efforts of FJ and Robdee. keep up the Good Work Guys ! And God Bless You1
Happy is That Man who makes others Happy! (Zarathushtra)
  • #329
  • Mar 4, 2009 4:04pm Mar 4, 2009 4:04pm
is your system work on different currency pairs
like gbp/usd usd/jpy, usd/chf, aud/usd??

Also, i still don't understand the stop loss and take profit rules

Can you show me a example of a chart and
writing description detail?

eg. buy at 1.25900 SL: ??? TP: ???
{Promotion Removed}
  • #330
  • Mar 4, 2009 4:17pm Mar 4, 2009 4:17pm
Why be in a rush to have 3-4 trades per day if the most current trade is up currently 100 pips if you got in at 1.2556? I mean, do you really need a 3rd or 4th trade when you have a trade going for you right now that you should have already closed 80% at 20 pips and you have locked in another 50 pips on your last 20%. Worse case, you will probably walk away with +60 or more pips on this one trade.

I don't know about you but they can call it whatever they want...if a trade can run like that just by following the rules, I'll gladly take it and not worry about any other trades. If you did get a 3rd and 4th trade today, you would be upset if they were both losers and you gave back all the pips you earned. Just remember being greedy is gonna having you starving while others are eating off of you.

Don't take this the wrong way as I'm trying to bash you or something. I just think that if you can get the pips that should have been made today, step away and go do something else. Like FJ said earlier in the thread, we don't want to overtrade. Even with the 1st trade being a loss, one still probably easily made +50 pips today. That's a great day. Take that and don't worry about a 3rd of 4th trade and if I'm not mistaken (and I could be) FJ said we may get 1-3 trades per day. It's not set in stone...the market does what it wants to, we just need to act accordingly.

Quoting behman8850
After this signal there is no further signals? and you named it M15??
I thought there will be three four trades everyday!
Thanks
  • #331
  • Mar 4, 2009 4:24pm Mar 4, 2009 4:24pm
I'm at work so I can't show a chart but I can help with your questions. If you bought at 1.25900, your initial stop loss would be at the low of the blue candle that formed on your chart and you trail it with a 50 pip trailing stop loss. As for taking profit, close 80% of your open lots/unit or whatever you trade at +20 pips, and the last 20% you just let run until you are stopped out by your trailing stop loss or at your own discretion. (DT, PA patterns and such). Hopefully this helps. Sorry I can't post a chart right now.

Quoting leoforex
is your system work on different currency pairs
like gbp/usd usd/jpy, usd/chf, aud/usd??

Also, i still don't understand the stop loss and take profit rules

Can you show me a example of a chart and
writing description detail?

eg. buy at 1.25900 SL: ??? TP: ???
  • #332
  • Mar 4, 2009 4:34pm Mar 4, 2009 4:34pm
I saved the indicator and templates to my IBFX live account Vista platform as per the instructions. Unfortunately, when I open the template, it causes my MT4 platform to crash. Can anyone help me, please?
  • #333
  • Mar 4, 2009 4:51pm Mar 4, 2009 4:51pm
Quoting forexjedi
Trades so far today are numbered at 2. The first trade is a loosing trade. If one knows their PA which we will begin learning in the advanced vForce launching soon they could have exited at the higher low shown in the chart below. Trade 2 is still in progress and is profiting nicely. Chart below.

Jedi,

First of all, thank you and Robdee for your efforts and generosity.

Second, thank you for posting this chart with both trades. To a newer trader, it can be a little intimidating and seem that you experienced traders have a crystal ball and only make good trades (or only have 1 out of a dozen trades go bad for only a handful of pips). So thank you for posting the first trade. It helps me to understand more completely that regardless of how great a system is I still need to observe and analyze the market and PA. So thank you.

Now, I saw your second trade on my charts and actually wanted to trade it, but due to its timing, the trade would be entered right before a major news announcement...(10:00am USD ISM Non-Manufacturing PMI)
... I passed up making the trade ... which I see you took and was very profitable for you. What are your thoughts about trading doing possible major news times?

Thanks,
Fx_Discipulo
  • #334
  • Mar 4, 2009 4:53pm Mar 4, 2009 4:53pm
Excelent System Gentlemen... even after closing my first trade of the day out for a 36 pip loss then taking the second trade , i'm currently up 60 pips . Will wait for some retracement or get stopped out . Haven't decided yet ..... And yes , i gave it a five star rating .... the rules are quite simple if you read the whole thread ..... again " Great Job "..... buffalopip
  • #335
  • Mar 4, 2009 5:10pm Mar 4, 2009 5:10pm
Quoting Bobcat2
I saved the indicator and templates to my IBFX live account Vista platform as per the instructions. Unfortunately, when I open the template, it causes my MT4 platform to crash. Can anyone help me, please?
I ran into exactly the same problem with my Alpari plartform but the link here is the solution from Rob, http://www.forexfactory.com/showpost...postcount=2078 use this for your signals and enter the trade in you main account.
Add value everyday in Pips
  • #336
  • Mar 4, 2009 5:30pm Mar 4, 2009 5:30pm
Quoting FX_Discipulo
Jedi,


Now, I saw your second trade on my charts and actually wanted to trade it, but due to its timing, the trade would be entered right before a major news announcement...(10:00am USD ISM Non-Manufacturing PMI)
... I passed up making the trade ... which I see you took and was very profitable for you. What are your thoughts about trading doing possible major news times?

Thanks,
Fx_Discipulo
Hi
Most traders would consider ISM Non-Manufacturing a minor announcement and ignore it. Here is a link with ratings, I only suspend trading for news rated a 3. http://www.fxstreet.com/fundamental/economic-calendar/


regards all
  • #337
  • Mar 4, 2009 5:39pm Mar 4, 2009 5:39pm
Hi Pip-stud,

Thank you for the referral post...that helps. But, it appears I can't use my live account with IBFX regardless for this system. So, I took the path of least resistance and installed the templates and indicator on ForexMeta without incident. So, for those of you encountering a similar problem, just download the ForexMeta platform. It appears to be working just fine.
  • #338
  • Edited 6:06pm Mar 4, 2009 5:54pm | Edited 6:06pm
Hi Forexjedi.
Congrats to your system development.
Actually, I'm reading your other thread.
But I thought, as this here is only 23 pages long currently, I would switch over here for some hours.

Concerning the issue "which broker & data feed", I plead you to be careful with limiting/suggesting to one broker.
Sure that may work for some, and for a while.

But what if you and Rob optimize further on just IBFX Demo and sth changes on their feed, or they do not exist anymore?

And what if some of the many people following this system have their own favorite brokers and do not want to change, whatever reason they do (not) have?


Wouldn't it be better/saver, to let Rob examine this further (what I bet is one thing he is currently doin ), and give the users of the system the possibilities to use any broker? My personal view is: a system should work fine with lots of brokers to be called really reliable.
I understand your intentions, but I hope you do understand what I mean.

Thanks again for your great work here,
Regards, Lowen




Quoting forexjedi
Hi all,

To fix this issue I will do what I did in my 5min system thread and recommend that everyone use an IBFX demo for their signal. This way everyone is on the same page with regards to the signals.

FJ
Quoting Ronald Raygun
This has nothing to do with the quality more than the consistency of the data feed.

Is is possible that the lag in ticks can cause different patterns in the candles?
  • #339
  • Mar 4, 2009 6:00pm Mar 4, 2009 6:00pm
You can use IBFX for your demo account and still use your favorite broker or platform to place your live trades (if you are live trading this system). I think his suggestion was more geered towards the posting of charts and people having different trades show up. If he suggest IBFX, you will see the same thing he is seeing and then you can use your favorite broker to fill your order.

Quoting Lowen
Hi Forexjedi.
Congrats to your system development.
Actually, I'm reading your other thread.
But I thought, as this here is only 23 pages long currently, I would switch over here for some hours.

Concerning the issue "which broker & data feed", I plead you to be careful with limiting/suggesting to one broker.
Sure that may work for some, and for a while.

But what if you and Rob optimize further on just IBFX Demo and sth changes on their feed, or they do not exist anymore?

And what if some of the many people following this system have their...
  • #340
  • Mar 4, 2009 6:03pm Mar 4, 2009 6:03pm
yeah, concerning chart varieties and people having problems that their charts look different, this might be a wise decision for this thread. I agree in that.
Lowen
0 traders viewing now