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TEB sytstem

  • #521
  • Mar 29, 2007 10:11am Mar 29, 2007 10:11am
please advice if I'm correct

TF
Day / 4hr / 30 min
Stochs 5.3.3

Enter when all are in the same Direction
Exit when the 30 min change and re-enter when in the same direction again

tx
  • #522
  • Mar 29, 2007 10:15am Mar 29, 2007 10:15am
gbp/chf
The quality of your life is brought about by the quality of your thinking.
  • #523
  • Mar 29, 2007 10:19am Mar 29, 2007 10:19am
Quoting Fx1618
please advice if I'm correct

TF
Day / 4hr / 30 min
Stochs 5.3.3

Enter when all are in the same Direction
Exit when the 30 min change and re-enter when in the same direction again

tx
yes that will work fine
or you can wait to exit till the 4 hour stoch changes direction
  • #524
  • Mar 29, 2007 10:22am Mar 29, 2007 10:22am
Quoting hornet
gbp/chf
I am starting to like how it looks but its late in the day
  • #525
  • Mar 29, 2007 10:25am Mar 29, 2007 10:25am
yeah, i'm out of here. but someone might like it
The quality of your life is brought about by the quality of your thinking.
  • #526
  • Mar 29, 2007 10:33am Mar 29, 2007 10:33am
Quoting TEB63
I am starting to like how it looks but its late in the day
TEB,

Thanks for sharing your system with us. Have been studying it for a few days, and made good pips live trading it last night. Watching G/J, U/J, E/J, AND U/C.
Seems like PM is drying up. Lots of news this evening on yen. Should be a good night!
  • #527
  • Mar 29, 2007 10:45am Mar 29, 2007 10:45am
Quoting TEB63
I am starting to like how it looks but its late in the day

30M has already well crossed....4H is shaping up nicely

according to the system would we wait for the 30M to re-load again before going short??
  • #528
  • Mar 29, 2007 10:58am Mar 29, 2007 10:58am
Quoting romerez
30M has already well crossed....4H is shaping up nicely

according to the system would we wait for the 30M to re-load again before going short??
its the safe way to play it
& when I only have 2 not 3 stochs I always do
but here when we have 3 all the same it normally doesn't matter
more to the point it is were the price to the 50ema is
& its great

but my biggest worry would be the time of day
But look at that big old tail!!
I like it but don't be greedy

bye - see you all later
  • #529
  • Mar 29, 2007 11:07am Mar 29, 2007 11:07am
Quoting TEB63
its the safe way to play it
& when I only have 2 not 3 stochs I always do
but here when we have 3 all the same it normally doesn't matter
more to the point it is were the price to the 50ema is
& its great

but my biggest worry would be the time of day
But look at that big old tail!!
I like it but don't be greedy

bye - see you all later

Thanks TEB,

Yes that is a nice tail on the 4H

I'm so tempted to take it but I think I will play it safe and wait for a re-load of the 30M
  • #530
  • Mar 29, 2007 3:03pm Mar 29, 2007 3:03pm

Quoting mathematician
I need some clarification: The rules as I had them when I programmed the EA are not working; the system fails miserably under the following rules:

This is for using the Stoch(5,3,3) on Daily, 4-hour, and 30-min charts.

  1. Check the daily cycle: If the %K > %D and the %D has just crossed above 20, then we have a BULLISH daily signal. (Opposite for BEARISH).
  2. Check the 4-hour cycle: Same signal rules as the daily but applied to the 4-hour Stoch.
  3. If the Daily cycle is BULLISH and the 4-Hour cycle is BULLISH and...
    If the %K > %D and the %D has just crossed above 20, for the 30-min Stoch, then we have a BUY signal; so GO LONG. (Opposite for short orders).

Math
I believe what you may have left out is:
1: On the 30M chart price must be way below the EMA 50 before going long (way below is discretionery)
2: On the 30M chart, price must be way above the EMA 50 defore going short (way above is discretionary) may be tough to build into an EA.

JJ/.

  • #531
  • Mar 29, 2007 3:19pm Mar 29, 2007 3:19pm
Having played with the 4 hour.1 hour,15 min TF today.
one day may not be a fait test but I would say
The day.4 hour,30mins is way safer & little easier to use

but the 1st tf is doable
& I might try it in a close market like yesterdays
TEB
  • #532
  • Mar 29, 2007 3:47pm Mar 29, 2007 3:47pm
Teb,

After studying your system for a couple of weeks I did my first live trade last night. I got in on the AUDJPY at 94.35 Long and exited at 94.99 for 64 pips. I also got in on the CHFJPY Long at 96.15 and exited at 96.47 for 32 pips. 96 pips for my first night. I am very pleased.

Thank you for your system. I think after two years of research I finally found a strategy that fits my style and schedule.

The Pip Prince
  • #533
  • Mar 29, 2007 5:28pm Mar 29, 2007 5:28pm
Great job PP!
  • #534
  • Mar 29, 2007 5:48pm Mar 29, 2007 5:48pm
eur/usd

keep your eyes on it
  • #535
  • Mar 29, 2007 6:21pm Mar 29, 2007 6:21pm
TEB, look at G/J !!

tell us what you think??
  • #536
  • Mar 29, 2007 7:20pm Mar 29, 2007 7:20pm
G/U all TFs are down
  • #537
  • Edited 7:58pm Mar 29, 2007 7:37pm | Edited 7:58pm
Attached Image

eur/usd 30 mins


we have a stronge channel see arrows
looking for a trade
we just need the 30 min stoch to turn
maybe if it was bussier ould take the trade on the big tail
bouncing off the bottom channel line

TEB
  • #538
  • Mar 29, 2007 9:40pm Mar 29, 2007 9:40pm
i manage to get 25 pip from usd/jpy from teb's system
  • #539
  • Mar 29, 2007 9:41pm Mar 29, 2007 9:41pm
Quoting benssol
TEB, look at G/J !!

tell us what you think??
G/J +100 pips
G/U +10
E/J +30
U/J +18

Who hate Fridays??
Who still wait London session??


TEB System
  • #540
  • Mar 29, 2007 10:35pm Mar 29, 2007 10:35pm
Still Kinda confused on the perfect structure and rules to follow but I'm making it up as I go along? haha. I attached a image of what I think is the right way to go about it? If I'm wrong please correct me as I'm looking to learn... Btw this is a 4 hour chart. So you would just trade on the shorts during this lovely trend? Thanks
Attached Image
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