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EUR/GBP Trendmagic System

  • #121
  • Jun 2, 2009 5:33pm Jun 2, 2009 5:33pm
Quoting sirwolf
I also trade the GBPUSD, GBPJPY and USDCHF
Hi sirwolf,

Kind of curious... have you tested this system on the EUR/USD?
  • #122
  • Jun 2, 2009 6:00pm Jun 2, 2009 6:00pm
I tried to enter and exit for testing purposes.
Just wanna see how profitable it can be by just entering
and exiting like that. I will post more of my findings.
Attached Image (click to enlarge)
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  • #123
  • Jun 2, 2009 6:02pm Jun 2, 2009 6:02pm
Quoting adsanders
Hi sirwolf,

Kind of curious... have you tested this system on the EUR/USD?
Yes I did have 2 live trades that worked out well, one for 100+ and another for 35. I am also watching this pair.

I really think this will work on any pair. It is whether the pair is currently trending or not. Not sure what others think. I am watching quite a few pairs but focusing on the 4.
Believe and Achieve!
  • #124
  • Jun 2, 2009 6:07pm Jun 2, 2009 6:07pm
So I am watching the market through the day with the indie on there, and thinking that it is making it look kind of choppy. So, I got home tonight, and decided to look at the 4hr on GBPJPY, a market and timeframe I never trade. Interesting result.

One image here is TGs snapshot of the market, and then one I took just a few mins ago. Something certainly wrong here. Too many yellow bars, looks like late entries, etc. I understand completely that different brokers have slightly different data, but on a 4 hr timeframe, this seems excessive. Any ideas guys?
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  • #125
  • Jun 2, 2009 6:08pm Jun 2, 2009 6:08pm
Here is the exit for that run.

I made a little adjustment in one of the exits in the
the previous chart. I mistakenly put the exit-line on the
wrong candle. It has been corrected in the present chart.

Thanks to Paulus and everyone else
Attached Image (click to enlarge)
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  • #126
  • Jun 2, 2009 6:12pm Jun 2, 2009 6:12pm
Quoting maxwell-eqtn
Here is the exit for that run.

I made a little adjustment in one of the exits in the
the previous chart. I mistakenly put the exit-line on the
wrong candle. It has been corrected in the present chart.

Thanks to Paulus and everyone else
Nice Maxwell!

Great job!!! What are you using for your exit strategy?
Believe and Achieve!
  • #127
  • Jun 2, 2009 6:26pm Jun 2, 2009 6:26pm
When my DMI (set at 4) cuts the 20 line in the direction of the trend
(e.g. here it is red ..., short) I sell. I wait until the DMI cuts the 20
line going back up again.

It looks very promising (huh! good for scalpers)
  • #128
  • Jun 2, 2009 6:29pm Jun 2, 2009 6:29pm
Extra digit in price? testing now....

Quoting Maelstrom
So I am watching the market through the day with the indie on there, and thinking that it is making it look kind of choppy. So, I got home tonight, and decided to look at the 4hr on GBPJPY, a market and timeframe I never trade. Interesting result.

One image here is TGs snapshot of the market, and then one I took just a few mins ago. Something certainly wrong here. Too many yellow bars, looks like late entries, etc. I understand completely that different brokers have slightly different data, but on a 4 hr timeframe, this seems excessive. Any ideas...
  • #129
  • Jun 2, 2009 6:40pm Jun 2, 2009 6:40pm
Same thing... I did notice my indie is HG_0001a, and the one from TG's screenshot is HG_0001

Tudor Girl, is there a different version out there?

Thanks

Quoting Maelstrom
Extra digit in price? testing now....
  • #130
  • Edited 7:01pm Jun 2, 2009 6:58pm | Edited 7:01pm
Don't know much about "Tudor girl" other than she's been an avid forex learner for at least a year. Looks like she catches on real quick. I wouldn't have the foggiest as to how to incorporate the indis into the red and blue bar system she has made.

Am not against indicators at all. Would like this thread to stay simple, but forsee all kinds of additions like fibos, murray math, etc. Too many indis ruin a thread. If one can trade off a red or green bar which are patterned off proven indicators, that's what the FF readers need. Many here, including myself, have spent thousands of hours reading and trying to learn forex. Very few are experts. Those that are probably don't even come here. Red bar, sell. Blue bar, buy. Not all will be winners. Just 60% is all we need.
  • #131
  • Jun 2, 2009 7:24pm Jun 2, 2009 7:24pm
Quoting paradoxical
Don't know much about "Tudor girl" other than she's been an avid forex learner for at least a year. Looks like she catches on real quick. I wouldn't have the foggiest as to how to incorporate the indis into the red and blue bar system she has made.

Am not against indicators at all. Would like this thread to stay simple, but forsee all kinds of additions like fibos, murray math, etc. Too many indis ruin a thread. If one can trade off a red or green bar which are patterned off proven indicators, that's what the FF readers need. Many here, including...
I agree. Seems to happen in every thread. Everyone suggests every indicator under the sun as a filter and it gets so complicated. Lets keep this nice and simple. It appears to be working nicely. Lets figure out a SL and TP method without adding any new indicators if possible
Believe and Achieve!
  • #132
  • Jun 2, 2009 11:34pm Jun 2, 2009 11:34pm
Quoting sirwolf
I agree. Seems to happen in every thread. Everyone suggests every indicator under the sun as a filter and it gets so complicated. Lets keep this nice and simple. It appears to be working nicely. Lets figure out a SL and TP method without adding any new indicators if possible
All,

I completely agree with Paradox and Steve. As I said in Post #101...

"Please don't load down the charts with other stuff. It is too confusing/conflicting. It is nice to keep MagicTrend just cause its pretty, but ALL YOU NEED is the "TudorGirl" indy. All the other indicators are coded inside this one."

There really is no need for other filters. Everything is here. Just keep it simple and "buy on the blue, sell on the red".

You can tease out all sorts of setups from fibos, Murray math and all that stuff when watching just one pair. But not all pairs trend all the time so we need to watch say 8+ pairs. In order to do that successfully we need to KEEP IT SIMPLE (IMHO anyway).

Anne

PS. Some background on me.... I have a First in Mathematics and a PhD in Astrophysics. I work freelance for the European Space Agency and NASA and have written code for the Space Shuttle. My main thing is mathematical analysis/synthesis and turning those algorithms into efficient and reliable code (can't affort too many "repaints" of the critical indicator when orbiting Saturn, a billion miles from home....)
  • #133
  • Jun 2, 2009 11:38pm Jun 2, 2009 11:38pm
All,

My GJ H4 long trade is still staying blue! I was afraid I would be stopped out over night but we're still hanging in there!

I entered at the open of the second blue bar at 146.96 and as I write this the price is 159.60. Looks like 1264 pips and climbing.

Anne
  • #134
  • Jun 3, 2009 1:02am Jun 3, 2009 1:02am
I hope I did not put a lot of extra stuff on the charts.
Paulus in one of post appeared to suggest the asian box.
I took the box from Paulus himself. I am not using the Asian
Box, but I put it there because Paulus has it there. Just ignore it
if it bothers you.

Thanks.
Attached Image (click to enlarge)
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  • #135
  • Jun 3, 2009 1:06am Jun 3, 2009 1:06am
I am testing this in all market conditions to see how
profitable it is. I thought it could be beneficial to
those who just want quick prifitable pips and leave
and have no time to watch the screen.

Thanks
Attached Image (click to enlarge)
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  • #136
  • Jun 3, 2009 2:57am Jun 3, 2009 2:57am
I added the BBmacd to my usual fx-50 template
http://www.forexfactory.com/showthread.php?t=134759

Attached Image (click to enlarge)
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I like it, problem with fx-50 are repainting arrows, so I mainly go by the FXprime indicator. BBmacd is good for helping me not to lose sight of the trend.
  • #137
  • Jun 3, 2009 3:00am Jun 3, 2009 3:00am
Quoting TudorGirl
All,


PS. Some background on me.... I have a First in Mathematics and a PhD in Astrophysics. I work freelance for the European Space Agency and NASA and have written code for the Space Shuttle. My main thing is mathematical analysis/synthesis and turning those algorithms into efficient and reliable code (can't affort too many "repaints" of the critical indicator when orbiting Saturn, a billion miles from home....)
No wonder you can code mt4 like a pro!!!!
  • #138
  • Jun 3, 2009 3:04am Jun 3, 2009 3:04am
All I can sya is wow !! Thanks to all for the contribution
Attached Image (click to enlarge)
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  • #139
  • Jun 3, 2009 3:28am Jun 3, 2009 3:28am
Quoting TudorGirl

PS. Some background on me.... I have a First in Mathematics and a PhD in Astrophysics. I work freelance for the European Space Agency and NASA and have written code for the Space Shuttle. My main thing is mathematical analysis/synthesis and turning those algorithms into efficient and reliable code (can't affort too many "repaints" of the critical indicator when orbiting Saturn, a billion miles from home....)
Smart girls are the sexiest!
  • #140
  • Jun 3, 2009 3:43am Jun 3, 2009 3:43am
Attached Image (click to enlarge)
Click to Enlarge Name: ss3.PNG Size: 126 KB

Attached File(s)
File Type: tpl fx-50_trendmagic2.tpl   25 KB | 1,044 downloads


if anyone's interested, here is my template
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