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Mikkom's stophunter system

  • #161
  • May 4, 2009 8:42am May 4, 2009 8:42am
Quoting Limstylz
My manual cable testing (including my discretion) performed better than your EA did (I wish I knew how to quantify my discretion as this would be ideal).
I'm very much interested in how you used discretion to make the system better. To be honest, I already know a few more "advanced" tricks to squeeze even more from the system but I would be very interested to hear more ideas [they could eventually even evolve into their own systems].
  • #162
  • May 4, 2009 8:58am May 4, 2009 8:58am
I will think about how I used discretion with your system and attempt to put this into words (its more something I just did rather than thought about), but you will need to give me sometime to formulate this. Please be aware that I don't use fractals in my everyday trading any more and this was more of a mental exercise to see if your system and my original methods of using fractals could be combined.

Quoting mikkom
I'm very much interested in how you used discretion to make the system better. To be honest, I already know a few more "advanced" tricks to squeeze even more from the system but I would be very interested to hear more ideas [they could eventually even evolve into their own systems].
  • #163
  • May 4, 2009 9:04am May 4, 2009 9:04am
Quoting Limstylz
I will think about how I used discretion with your system and attempt to put this into words (its more something I just did rather than thought about), but you will need to give me sometime to formulate this. Please be aware that I don't use fractals in my everyday trading any more and this was more of a mental exercise to see if your system and my original methods of using fractals could be combined.
Fractal is IMHO actually just a mechanic definition of a "top" or "bottom".

I don't use fractals in my trading either but I do use tops and bottoms and stops that are lurking above and below them

Most of the "breakout" systems actually unknowingly exploit the same thing.
  • #164
  • May 4, 2009 9:14am May 4, 2009 9:14am
It might make sense to open a new thread for your thoughts on multiple systems, so that others who aren't interested in reading about your stophunter system but might be interested in this might participate.
Quoting mikkom
Maybe I should discuss a bit more about why I only trade daily systems and why multiple systems combined produce much smoother curve than any system on itself?
Quote
By the way do anyone know why this kind of system works best on EURUSD? I might have some ideas but I want to see some discussion

Possibly due to the amount of volume this pair alone is traded?
  • #165
  • May 4, 2009 11:08am May 4, 2009 11:08am
Quoting Limstylz
I will think about how I used discretion with your system and attempt to put this into words (its more something I just did rather than thought about), but you will need to give me sometime to formulate this. Please be aware that I don't use fractals in my everyday trading any more and this was more of a mental exercise to see if your system and my original methods of using fractals could be combined.
I'm intersted in your discretion too. As mikkom i believe that almost any discretion can be formalized and included in EA code
  • #166
  • May 4, 2009 12:12pm May 4, 2009 12:12pm
Hi, could you please send us your pending orders now? which pairs?
Thx
BJ
  • #167
  • May 4, 2009 4:54pm May 4, 2009 4:54pm
brainjt,

Read the thread. Mikko has outlined his pairs already. Send you his pending orders? Do your own work. Put the indicator on the charts and you work out what pending orders he has. He has outlined one of his systems, it's down to you to utilize it... or not.

Quoting brainjt
Hi, could you please send us your pending orders now? which pairs?
Thx
  • #168
  • May 4, 2009 5:26pm May 4, 2009 5:26pm
Anybody in long on EURUSD and AUDUSD?

TimeFreedom
  • #169
  • May 4, 2009 5:53pm May 4, 2009 5:53pm
Quoting TimeFreedom
Anybody in long on EURUSD and AUDUSD?

TimeFreedom

You must have a Sunday bar.
I use IBFX and the Sunday bar will fool you. There isn't really a fractal.
  • #170
  • May 4, 2009 8:44pm May 4, 2009 8:44pm
Has anyone tried putting a Sell Stop order slightly below the previous Buy Stop order on a Long trade that has been successful and the new short SL slightly above the old buy stop order,with TP at the original SL point, once the market is on the turn?
Starting to see instead of just looking.
  • #171
  • May 5, 2009 12:36am May 5, 2009 12:36am
Quoting Limstylz
brainjt,

Read the thread. Mikko has outlined his pairs already. Send you his pending orders? Do your own work. Put the indicator on the charts and you work out what pending orders he has. He has outlined one of his systems, it's down to you to utilize it... or not.
Please dont answer like mikkom, your notes are not correct, certainly Ive read thread
peace
bj
BJ
  • #172
  • Last Post: Edited 1:25am May 5, 2009 1:11am | Edited 1:25am
I think it's about time to wrap the thread.. Everything about the system is already described and I don't think providing signals will help anyone. In fact I was wondering how long this would go on when everything was already told on the first post.

Thanks for reading and let's see on other threads :nerd:

I might start a new thread about general system development but we'll see.

Just a hint for everyone, if you spend some time and really try to understand how this system works there are few very simple tricks to squeeze even more from it.

Have fun!
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