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"vForce" the revolution

  • #821
  • Apr 14, 2009 7:08pm Apr 14, 2009 7:08pm
Well, you can call me a culprit Rob ...... but I downloaded your system .... I joined this forum, I mean, registered here just for your thread but did not showed up here. I am a novice and have been silently following others' discussions .... not saying anything ... there was anything to say in the first place, every question was posed and all. Hope you understand. But here in your thread ..... while back-testing your sytem ..... before making a comment ..... I am baffled. First of all ... I don't know what system I downloaded because it seems you have more than one or two called Force or vForce ..... today I read of a vForce Edge, but I am pretty sure I have read of a vForce Expert that is awaited ..... but I downloaded the one you gave on the first page of this thread ..... a 15M system. I have tried it on three demo accounts all at the same time ..... with different brokers .... FXPro, AlPari and Forex-Metal. All three use different time frames, FxPro uses GMT+3, Alpari uses GMT+2 and Forex-Metal uses GMT0, so there has been a problem ..... I have not been getting proper signals .... I mean at one time Red candle will appear .... and then Green one ..... but after some time later in the day I will see that the green candle has disappeared ....... and I will get a signal with one broker and no signal with the other ........ Can somebody help me ? And please also relate if Expert has been released ..... ? If not, how will we know ? will there be a separate thread ? or right here ?
I apologize for being lazy but there are a whole lot of pages in this thread to sift through them ..... I am not that a good reader .... so think perhaps someone might decide to help me out here.

And on a side note, just downloaded your force 5M pdf file and wanted you to know that your system(5M Force) has been copied .... I have seen it somewhere with a different name and a different template ... can't locate the source but of copying I am pretty sure. Will tell you if I remember or come across it again.
  • #822
  • Apr 14, 2009 8:56pm Apr 14, 2009 8:56pm
Quoting zotopec
I am a novice and have been silently following others' discussions .... so think perhaps someone might decide to help me out here.
Zotopec, welcome to the Force. You have questions that I am sure people here know the answers. I'm going to wait and see who has enthusiasm for this system and will step up and help you. I know I cannot do it all once vForce really takes off. So I need help from people who can answer newbie questions. I hope you understand what I'm trying to do here. RD
  • #823
  • Apr 14, 2009 11:23pm Apr 14, 2009 11:23pm
Quoting zotopec
Well, you can call me a culprit Rob ...... but I downloaded your system .... I joined this forum, I mean, registered here just for your thread but did not showed up here. I am a novice and have been silently following others' discussions .... not saying anything ... there was anything to say in the first place, every question was posed and all. Hope you understand. But here in your thread ..... while back-testing your sytem ..... before making a comment ..... I am baffled. First of all ... I don't know what system I downloaded because it seems you...

Alright, Zotopec, about the brokers, if you go to page 53, post 793, you will find that I asked the same question as you. Merlyn explains what to do to be on the same page as everyone else with the signals. So go check it out, its pretty simple. If you want to, after you have followed the instructions about brokers, post a screenshot, and I'll tell you whether its the correct one or not. By the way, I use vForceEdge.

Ashur
  • #824
  • Apr 14, 2009 11:26pm Apr 14, 2009 11:26pm
Quoting robdee
If this VFE project is going to progress I need help.

I don't want to prescribe exactly what to do, I would rather let creative enthusiasm carry us forward as each person finds their own way to contribute.

400+ downloads of the latest VFE which suggests there is a large silent user base out there just waiting to take their participation to the next level.

I have one idea that worked well in the Force5 thread...

Compiling a user guide into PDF format is very helpful because we can give newbies the PDF to get them up-to-date without...

Hey Rob, I'd be more than happy to help, I'm just trying to learn as much as I can myself. I know it's a heavy load on you when everyone's asking you and relying on you for all the answers. But yeah, I'm going to try out a few different things with the system, and I'll help as much people as I can with you and others!

Ashur
  • #825
  • Apr 15, 2009 2:14am Apr 15, 2009 2:14am
Quoting ashur123
Hey Rob, I'd be more than happy to help, I'm just trying to learn as much as I can myself. I know it's a heavy load on you when everyone's asking you and relying on you for all the answers. But yeah, I'm going to try out a few different things with the system, and I'll help as much people as I can with you and others!

Ashur
Hi ashur,
It seems that my question being ignored or missed by everyone here. I just wonder can u pls explain it to me maybe u can go through the post i just post last few posts back.
  • #826
  • Apr 15, 2009 2:35am Apr 15, 2009 2:35am
Quoting stan88
Hi ashur,
It seems that my question being ignored or missed by everyone here. I just wonder can u pls explain it to me maybe u can go through the post i just post last few posts back.

Alright Stan, from my knowledge, this is what each one is:
1. light green candle-is used as a confirming candle.
2. Red Candle-is a sell signal. Once you see one you wait for the light green confirming candle(depending on how you want to trade)
3. Yellow Price Label-this is when the price retraces. I usually wait for this to appear then I enter my Sell position.
4.you circled the blue price label, basically what that is, is the price that the market has to reach for the buy order to be confirmed, if that price label gets hit, a light green confirming candle will appear. As you can see it didn't reach.
5.Dark Green Candle-this means the signal reversed, so as you can see the previous bar was a BUY candle, but the dark green candle tells us that the signal is reversed, so we wait for either a confirmation candle(light green candle) or a retracement price label depending on how you want to trade the system.
6.Light Blue Price Label-this is when the price retraces after a buy signal. I wait for this before I enter a long position.

Honestly, what I find works best for me, is to just look out for Yellow Price Labels, and Light Blue price labels to execute trades. Yellow means sell and Light Blue means buy. Don't mix up the light blue labels with the dark blue labels though.

Also for anyone that notices something wrong with how i interpreted the signals, please correct it as I don't want people getting confused.

Anyways Stan I hoped that helped

Ashur
  • #827
  • Apr 15, 2009 7:38am Apr 15, 2009 7:38am
Quoting ashur123
Alright Stan, from my knowledge, this is what each one is:
1. light green candle-is used as a confirming candle.
2....
Very nice explanation Ashur
and this was the explanation for
vForceEdge V20090402 right?
  • #828
  • Apr 15, 2009 10:22am Apr 15, 2009 10:22am
Quoting ashur123
Alright Stan, from my knowledge, this is what each one is:
1. light green candle-is used as a confirming candle.
2. Red Candle-is a sell signal. Once you see one you wait for the light green confirming candle(depending on how you want to trade)
3. Yellow Price Label-this is when the price retraces. I usually wait for this to appear then I enter my Sell position.
4.you circled the blue price label, basically what that is, is the price that the market has to reach for the buy order to be confirmed, if that price label gets hit, a light green confirming...
Dude, Im very happy that u have helped me a lot on this and ur explaination is cool. Anyway i would like to confirm one more time is it today theres no signal for the whole day?
Cause i scare my template occuring the same problem like last time which it cant generate any signal at all. Just wan to double check with u guys. Thanks a lot anyway.
  • #829
  • Apr 15, 2009 10:44am Apr 15, 2009 10:44am
Quoting stan88
Dude, Im very happy that u have helped me a lot on this and ur explaination is cool. Anyway i would like to confirm one more time is it today theres no signal for the whole day?
Cause i scare my template occuring the same problem like last time which it cant generate any signal at all. Just wan to double check with u guys. Thanks a lot anyway.
So I am trying to sum up the differing bars, colours etc. Being colourblind, it ain't that easy. I know you can change colours etc in MT4 and I do this all the time

But in a nutshell, is it best to wait for the price label to appear before initiating a position and just take that simplistic approach rather than follow the changing bar colours?!?

It is a great system. Yet to implement it but have seen it performing because its easy to audit the trades
  • #830
  • Apr 15, 2009 12:38pm Apr 15, 2009 12:38pm
Quoting forexalex
Very nice explanation Ashur
and this was the explanation for
vForceEdge V20090402 right?

Yes thats correct alex.
  • #831
  • Apr 15, 2009 12:41pm Apr 15, 2009 12:41pm
Quoting stan88
Dude, Im very happy that u have helped me a lot on this and ur explaination is cool. Anyway i would like to confirm one more time is it today theres no signal for the whole day?
Cause i scare my template occuring the same problem like last time which it cant generate any signal at all. Just wan to double check with u guys. Thanks a lot anyway.

There wasn't a signal all day until 14:15. I've included a screenshot so check it out and see if it matches yours(minus the fibonacci lines)
Attached Image (click to enlarge)
Click to Enlarge Name: vforceedge.JPG Size: 148 KB
  • #832
  • Apr 15, 2009 12:43pm Apr 15, 2009 12:43pm
Quoting vnathwani
So I am trying to sum up the differing bars, colours etc. Being colourblind, it ain't that easy. I know you can change colours etc in MT4 and I do this all the time

But in a nutshell, is it best to wait for the price label to appear before initiating a position and just take that simplistic approach rather than follow the changing bar colours?!?

It is a great system. Yet to implement it but have seen it performing because its easy to audit the trades
Well so far there really isn't any solid rules for this system as its an experiment, but yeah what I do to make things simple is to wait either for a yellow price label or a light blue price label and go for the trade.

Ashur
  • #833
  • Apr 15, 2009 1:02pm Apr 15, 2009 1:02pm
Hi robdee

I have a doubt about the validity of MA6 filter ("HideBuysAboveMA6" and "HideSellsLowMA6").
Even if this filter is made false, almost no trick trade is avoided.
A lot of signals(chance) are missed.
The trading decreases when this filter is made true.
I make these filters false.
And, after "Retrace signal" appears, i go to entry.
  • #834
  • Apr 15, 2009 2:20pm Apr 15, 2009 2:20pm
Quoting Maturi_otoko
Hi robdee

I have a doubt about the validity of MA6 filter ("HideBuysAboveMA6" and "HideSellsLowMA6").
Even if this filter is made false, almost no trick trade is avoided.
A lot of signals(chance) are missed.
The trading decreases when this filter is made true.
I make these filters false.
And, after "Retrace signal" appears, i go to entry.
Yeah I think you have a point there Maturi, I'm going to try it out like that too and see how it works.
  • #835
  • Apr 15, 2009 2:25pm Apr 15, 2009 2:25pm
Quoting ashur123
Alright Stan, from my knowledge, this is what each one is:
1. light green candle-is used as a confirming candle.
2....
cognitively, colored should help


Alright Stan, from my knowledge, this is what each one is:
1. Light Green candle-is used as a confirmingcandle.
2. Red Candle-is a Sell signal. Once you see one you wait for the light green confirming candle(depending on how you want to trade)
3. Yellow Price Label-this is when the price retraces.I usually wait for this to appear then I enter my Sell position.
4.you circled the Blue price label, basically what that is, is the price that the market has to reach for the buy order to be confirmed, if that price label gets hit, a light green confirming candle will appear. As you can see it didn't reach.


5.Dark Green Candle-this means the signal reversed, so as you can see the previous bar was a BUY candle, but the dark green candle tells us that the signal is reversed, so we wait for either a confirmation candle(light green candle) or a retracement price label depending on how you want to trade the system.
6.Light Blue Price Label-this is when the price retraces after a buy signal.I wait for this before I enter a long position.

Honestly, what I find works best for me, is to just look out for Yellow Price Labels, and Light Blue price labelsto execute trades. Yellow means sell and Light Blue means buy. Don't mix up the light blue labels with the dark blue labels though.

Also for anyone that notices something wrong with how i interpreted the signals, please correct it as I don't want people getting confused.
  • #836
  • Edited 3:54pm Apr 15, 2009 2:50pm | Edited 3:54pm
Quoting Maturi_otoko
I have a doubt about the validity of MA6 filter ("HideBuysAboveMA6" and "HideSellsLowMA6"). I make these filters false.
Maturi welcome to the Force.

Yes I made those filters optional so you can decide. Turning the filters OFF increases signals but also higher risk on some trades. I leave the filter ON when I release the software because I am thinking of all the new users who are just learning the system so I need to give them the 'safest' trades.

VFE is a trying to accelerate and stay safe at the same time. That can be a difficult balance to achieve especially when market conditions are not helpful.

For more information on the design goals of VFE see this post...
http://www.forexfactory.com/showpost...&postcount=765
  • #837
  • Edited 3:58pm Apr 15, 2009 3:15pm | Edited 3:58pm
Quoting forexalex
cognitively, colored should help
ashur123 and forexalex great to see your contributions.

The green candles either confirm or reverse a signal candle

  1. A darker green candle is always bullish, after a buy signal candle it confirms, after a sell signal candle it reverses
  2. A lighter green candle is always bearish, after a sell signal candle it confirms, after a buy signal candle it reverses

I see this discussion about colours in VFE so I've listed below the colour settings.

Inserted Code
[Inputs Tab]
ConfirmLabelBuy     = MediumBlue        
ConfirmLabelSell    = Red       
StopLabelBuy        = Gray
StopLabelSell       = Gray
RetraceLabelBuy     = RoyalBlue
RetraceLabelSell    = DarkOrange
 
[Colors Tab]
0 MediumBlue   BUY alert arrows
1 Red          SELL alert arrows
2 ForestGreen  BULLISH confirm/reverse candle body
3 LimeGreen    BEARISH confirm/reverse candle body
4 MediumBlue   BULLISH signal candle body
5 Red          BEARISH signal candle body

from VFE V20090402 post 713...
http://www.forexfactory.com/showpost...&postcount=713
  • #838
  • Apr 15, 2009 5:15pm Apr 15, 2009 5:15pm
Quoting ashur123
There wasn't a signal all day until 14:15. I've included a screenshot so check it out and see if it matches yours(minus the fibonacci lines)
Thanks again ashur. After double checking with u i find out my signal and urs is the same.
  • #839
  • Apr 15, 2009 6:40pm Apr 15, 2009 6:40pm
I have been trading on my live account VFE Signals Only ( See Rob´s post #730 on page 49 ) with UNBELIEVABLE results since Rob posted it on April 3rd.
I decided to pull the trigger without a hesitation immediately after Blue or Red candle appears without thinking about retracements and better entry.

I have made 12 trades since April 6th and 10 of them winners and only 2 losers of 50 pips each, with a total of 940 pips in profit since April 6th .
I only trade the recommended GMT time 6:00-8:45, 14:00-14:45 and 19:00-23:45 .

Back testing Feb and March the results show 1500 to 2000 pips each month.

This system is a PURE GOLDMINE

Thanks Rob and Forexjedi for the best system EVER .
  • #840
  • Apr 15, 2009 6:54pm Apr 15, 2009 6:54pm
I think many people still dont understand the entry rules of the VFE very well thats why there are not many contrubution, if you will reconfirm exactly what the rules for the VFE are again, Im sure many people will begin to bring in their experiences and suggestions,
Quoting robdee
If this VFE project is going to progress I need help.

I don't want to prescribe exactly what to do, I would rather let creative enthusiasm carry us forward as each person finds their own way to contribute.

400+ downloads of the latest VFE which suggests there is a large silent user base out there just waiting to take their participation to the next level.

I have one idea that worked well in the Force5 thread...

Compiling a user guide into PDF format is very helpful because we can give newbies the PDF to get them up-to-date...
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