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The Force 5min system

  • #2,481
  • Mar 25, 2009 3:40am Mar 25, 2009 3:40am
Quoting Pip-Stud
If you really want to know all the basic rules for a valid signal in this sytem I think you should go to the earlier pages of this thread and I suggest you do.
Happy trading
Pipstud
Hi SG,

After you've followed Pip-Stud's advice, you might want to go to page 97 of the thread and follow the analyses that RobDee has made of his trades. There are loads of these and they are great practical examples of the system in action and what Rob learnt as he traded.

Good luck and may you never need it!

David.
Too tired to argue. Too old to care.
  • #2,482
  • Mar 25, 2009 3:59am Mar 25, 2009 3:59am
Quoting forexjedi
...This last issue only applies to a small amount of new people. Please do not post or speak of any outside indicators or systems in my chat. You will destroy a system that already works. My system has 1 year of forward testing on demo with 80% success and two years of pure profit under its belt with 80% success.

I will not say this again, instead I will let it get destroyed and move on. I take a lot of my time to do good for people that want to learn for free and I dont want to spend my time disturbed by people who cant follow this simple...
I have made the same mistake in this thread a couple of times and apologised for it because I learned to respect the value of FJ's original work on Force5 as it stands. I am still using Force5 for my trade entries every day. Following Force5 exactly as published taught me price action like nothing else.

I would add that my rights to Copyright on my code are not a joke. I have thousands of hours invested in these tools which I share freely. Don't abuse my generosity by changing my code. If it is my work then it has to be approved by me or we descend into chaos. RD
  • #2,483
  • Mar 25, 2009 4:06am Mar 25, 2009 4:06am
Quoting robdee
I have made the same mistake in this thread a couple of times and apologised for it because I learned to respect the value of FJ's orginal work on Force5 as it stands. I am still using Force5 for my trade entries every day. Following Force5 as published taught me price action like nothing else.

I would add that my rights to Copyright on my code are not a joke. I have thousands of hours invested in these tools which I share freely. Don't abuse my generosity by changing my code. If it is my work then it has to be approved by me or we descend into...
Well Said Rob
Dear SNL I hope you will take this with good heart, Robdee and Forexjedi has been a tremendous help to all of us on this thread, so we owe them the obligation to play by their rules.
cheers
Add value everyday in Pips
  • #2,484
  • Mar 25, 2009 5:37am Mar 25, 2009 5:37am
Quoting Pip-Stud
Well Said Rob
Dear SNL I hope you will take this with good heart, Robdee and Forexjedi has been a tremendous help to all of us on this thread, so we owe them the obligation to play by their rules.
cheers
I agree with Robdee and Pip-stud.

We want to keep this system pure and as FJ meant it to be used.

Please do not spoil this for the people that are here genuinely to learn from good and experienced people who freely and very generously share their knowledge and expeirence.

I don't mean to offend anyone who is trying to help but this is the first methodology that speaks to me and makes sense and I want to continue learning it in it's unadulterated form.

Regards,
fb
  • #2,485
  • Mar 25, 2009 6:38am Mar 25, 2009 6:38am
Sorry Robdee. I will not post modified indicators (I think, that if you post mq4 files - that everybody can modify it). Why i post it? Look at yesterday chart - red line where i take a short trade and lost 20 pips. Everything is OK. Nice down trend, Force advanced signal. It is not easy to everyone to understand that that it is wrong.
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  • #2,486
  • Mar 25, 2009 6:54am Mar 25, 2009 6:54am
There can be a ton of reasons and it may be as simple as not everything works all the time.

Some reasons could be the time i.e. in and around US open, a triple bottom, whilst it was a signal there was macd histo divergence and stoch divergence for a possible buy and last of all if you are in any doubt let price confirm and go 1 pip beyond the signal candle.

All the best with this system its simple and effective.
  • #2,487
  • Mar 25, 2009 7:30am Mar 25, 2009 7:30am
Double bottom, as I know, is a reversal signal. Before a signal we have a triple bottom, which may confirm a breakout. I am wrong?
Look a second signal - it is OK.
What I want to say. The Force is a very good system. I Like it. But it is not mechanical. Every one must know many things to play it - S/R, trendlines, PA, etc.
When playing 5 min charts it is sometimes difficult to analyse all this things.
So, to be more easy for everybody, may be we need some more rules to filter trades.
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  • #2,488
  • Mar 25, 2009 7:50am Mar 25, 2009 7:50am
Well, I agree, that we have MACD and Stoch divergence before the first signal.
Somewhere in this tread were published indicators for MACD and Stoch divergence. May be it can be added to rules: Do not take a trade if it is a divergence?
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  • #2,489
  • Mar 25, 2009 7:53am Mar 25, 2009 7:53am
Quoting snl
So, to be more easy for everybody, may be we need some more rules to filter trades.
The wait for price to go 1 pip beyond the signal candle is simple and effective and will keep you out of most false signals I dare say. Spend some time with the system, in the chat room and then decide if you think something extra is needed. I don't want to come off sounding rude here but if you can prove its better run it past the systems founder (and I don't mean I tried this for a week what do you think).

Some very good traders forexjedi and robdee just as examples think its just fine as it is, they've been trading it as is for quite some time now.

Good luck.
  • #2,490
  • Mar 25, 2009 12:52pm Mar 25, 2009 12:52pm
Quoting robdee
I have made the same mistake in this thread a couple of times and apologised for it because I learned to respect the value of FJ's original work on Force5 as it stands. I am still using Force5 for my trade entries every day. Following Force5 exactly as published taught me price action like nothing else.

I would add that my rights to Copyright on my code are not a joke. I have thousands of hours invested in these tools which I share freely. Don't abuse my generosity by changing my code. If it is my work then it has to be approved by me or we descend...
i got for you a good indi .. imax...see it on tsd thread imax indicators can you put an arrow on the lines???
  • #2,491
  • Mar 26, 2009 2:02am Mar 26, 2009 2:02am
[quote=stevegee58;2625835]Hi folks, sorry for the noob question. I'm not really a noob but I just discovered this thread a couple of days ago
<snip>

Welcome aboard stevegee!
Your nic is familiar from Oanda FXMessage where I know you are a frequent
contributor. I am EYTOCA80 over there.

I can't add much to the subject of what the indicator does. It is definitely not an integral part of Force.

As you can see there is lots of discussion about indicators allowed/not allowed. I am squarely in the "if ForexJedi says don't, then don't" camp.

This thread is in a sense self-documenting, but the chat (worth checking into) is a little more like a stream of consciousness and some folks (incl me) have, in the heat of trading, commented on things more like "fundamentals" than strict Force permits.

HTH and good trading!
  • #2,492
  • Mar 26, 2009 4:20am Mar 26, 2009 4:20am
Dear SNL
I agree that no matter how good a system is its can always do with a little fine tunning, we all know that including Rob and FJ but you cant just wake up and modify a system that 2 great minds have put together over time and post it. If you have any Ideas of a way of improving the system I think the right thing to do is to is to make a suggestion, throw it open in this thread, for everybody to chew over, I bet you if it has potentials Rob and FJ will approve it and will even modify the codes themselves.
So I hope you understand, your Ideas are welcome but dont but dont just make modifications on the system on your own and post.
Happy trading everyone!
Quoting snl
Double bottom, as I know, is a reversal signal. Before a signal we have a triple bottom, which may confirm a breakout. I am wrong?
Look a second signal - it is OK.
What I want to say. The Force is a very good system. I Like it. But it is not mechanical. Every one must know many things to play it - S/R, trendlines, PA, etc.
When playing 5 min charts it is sometimes difficult to analyse all this things.
So, to be more easy for everybody, may be we need some more rules to filter trades.
Add value everyday in Pips
  • #2,493
  • Mar 26, 2009 4:50am Mar 26, 2009 4:50am
Your right, this is not always easy. From what I have learned is that S/R, Trendlines, Pivots, Fibs, PA........ are the basis of trading no matter what you are trading. You are right this is not mechanical, it requires you to look at what is going on and make sure everything fits before you can take the trade.

As a person who started trading on this system I don't think it needs more rules, don't need more to think about. It's simple, has a high percentage of success, and is profitable. I don't get to trade as much as I want to but with this system I can still get on at anytime of the day and make some money. Learn the system and trust it.


Quoting snl
Double bottom, as I know, is a reversal signal. Before a signal we have a triple bottom, which may confirm a breakout. I am wrong?
Look a second signal - it is OK.
What I want to say. The Force is a very good system. I Like it. But it is not mechanical. Every one must know many things to play it - S/R, trendlines, PA, etc.
When playing 5 min charts it is sometimes difficult to analyse all this things.
So, to be more easy for everybody, may be we need some more rules to filter trades.
A woman drove me to drink, and I forgot to thank her
  • #2,494
  • Mar 26, 2009 9:35pm Mar 26, 2009 9:35pm
H all..
im a newbie in this forum,and thanks to fj n robdee for such a great system,actually i am confused about the audio alert n vforce alert,are they the same alert?
thanks in advance
  • #2,495
  • Mar 26, 2009 11:07pm Mar 26, 2009 11:07pm
Quoting bexterlone
H all..
im a newbie in this forum,and thanks to fj n robdee for such a great system,actually i am confused about the audio alert n vforce alert,are they the same alert?
thanks in advance
No, this is different systems. AudioAlerts is for 5 min system, and vForce for 15 min:
http://www.forexfactory.com/showthread.php?t=155871
  • #2,496
  • Mar 26, 2009 11:23pm Mar 26, 2009 11:23pm
Quoting snl
No, this is different systems. AudioAlerts is for 5 min system, and vForce for 15 min:
http://www.forexfactory.com/showthread.php?t=155871
if i not mistaken,i saw there are 2 alert on 5min system which is audio alert and vforce alert(are they the same?)and vforce1 by ronald on 15min system,just to ensure..thanks snl
  • #2,497
  • Mar 26, 2009 11:44pm Mar 26, 2009 11:44pm
anybody tell me what is vforcealert? can somebody give me some source? plsss...
be patient, self-belief and discipline... stay focus...
  • #2,498
  • Mar 27, 2009 1:50am Mar 27, 2009 1:50am
Quoting bexterlone
if i not mistaken,i saw there are 2 alert on 5min system which is audio alert and vforce alert(are they the same?)and vforce1 by ronald on 15min system,just to ensure..thanks snl
I don't know what is vforce1 by ronald. Better you use proper templates for this systems. They are published in the threads. Latest template for 5 min system you can find in this post:
http://www.forexfactory.com/showpost...postcount=2374
  • #2,499
  • Mar 27, 2009 2:03am Mar 27, 2009 2:03am
Quoting radit27
anybody tell me what is vforcealert? can somebody give me some source? plsss...
Hi Radit27,

vforcealert could be found here:
http://www.forexfactory.com/showpost...&postcount=577
  • #2,500
  • Mar 27, 2009 2:13am Mar 27, 2009 2:13am
Quoting bexterlone
if i not mistaken,i saw there are 2 alert on 5min system which is audio alert and vforce alert(are they the same?)and vforce1 by ronald on 15min system,just to ensure..thanks snl
Sorry, Bexterlone. I found what is vforce1. It is an experimental EA, written by Ronald. It can recommend to use it only for testing.
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