EUR/GBP Trendmagic System

Enjoy! You deserve it and more.

Regards
Pardy

yes I was a reservist in the Royal Marine Commando

It helps alot in what I do

Focus Focus Focus be clinical is it or isn't it the only 2 choices,

Dont analysis the market stay logical cold un unemotional,but put the heart back in when with loved ones or you will end up like me or like i used to be

Trading clinically mechanicaly can make you makes you un emotional ,. RMR made me hard and un sympathetic it required a crises in my life to break me free of that bond

For me now for a man to show weakness emotion compasion and understanding is a great strenght ,I have cried in front of my wife my children I regard my self as more rounded forgiving human being.

If my son who is 18 has a hard time or is trouble emotionaly I can now hug ,talk and sympathise.. with my daughter who is 11 I can have fun help and be a good guy to be with..

Its a tragedjy it broken my wifes heart but this is life we must move on,no matter what the sun will rise tomorrow we have to put one foot in front of the other.The scar will heal our love is strong we will win good will win .

Things happen in life for a reason Im a great believer in that..you take what it gives like the market

Hmm that blooming wine going to my head I was going to edit all that out but blow it Im only human and Im not afraid to show it

BTW had a loser for 24 pips and long from 157.12 stop at 157.24

P

With you in spirit!!!!!!!!!!

Have fun
Pardy

Knocks in life sculpt us and our souls, in that sense they are priceless.

God Bless.

Pardy

It have been for sure a very good week my account is up 12,5% and a very big thank you for that will go to Paulus and TudorGirl fo indroducing amazing set of indicators. Today it was very nice to see that the HG_0001 indicator coped the NFP news very well and without much lag not many indicators cope that kind of sudden and heavy movements.
tnx again and great weeknd to you all.

Kristjan

Anne,

Thank you, thank you, THANK YOU VERY MUCH for the MTF update to Trendmagic, being able to see multiple timeframes is beyond superb! I no longer have to keep switching back and forth to make decisions. WOW.

Concerning your request for inputs, please consider putting in a "sensitivity" adjustment setting. Trendmagic seems a little slow to react on the pair I like to play and having such a setting would allow fine tuning for different pairs and changing market conditions. We could report back with our favorite "sensitivity" setting for each market pair. Considering it does not repaint, adjusting such a setting allows you to fine tune it to the last couple of days activities and make EP and TP points clear.

Again, thanks a million. I believe you have prevented this rookie from blowing his live account.

Anne,

Possible problem with MTF version. I prefer M1 on top, then M5, then M15, and M30 on the bottom. While switching the time frames around have noticed a difference in the original's yellow color behavior between HG_001a and HG_001a_MTF at M30 and H1 time frames compared to other time frames.

In order to get the colors to match and line up on M1, M5, M15, and H4 between the original HG_001a and HG_001a_MTF, I had to change the Colors #2 YELLOW field on the HG_001a to RED, however, in order to get the colors to match using M30 and H1 I had to change the Colors #2 YELLOW field to BLUE. Did you change the previous version's yellow behavior to this way on purpose for the M30 and H1?

Thanks,
John

Paulus,
are you able to post the file for your time indicator that you have in the top right hand corner of your chart? I like the look of that so i can see all the different times???

Anne,
i think the indicator as it is is just about spot on, in my opinion we dont need to add any more to it? It helped me get some nice trades this week and i am happy with the way it performs. As for the exit i do like the idea that Paulus has with the TM line. And for a stop loss may be we can use the TM line again when it closes on the wrong side of it?
But all in all i am really happy with the way it is. I am content to set my take profit at a certain pip level say 20 pips and be happy with that.

Hi Paulus, TG and all who are contributing to this thread and this system.

Just wanted to say a quick but big thank you for sharing and developing this system. I have been reading it since the beginning and have been following it in the background.

Unfortunately, although I would like to, I don't have much to contribute (I am not as cluey in FX as many others in FF).

Nonetheless I would be happy to assist the process where required.

Manay thanks and cheers to all

Ezzy

Is it something that link to Bruce Lee's kind of martial arts?

Hi yes Bruce Lee adapted it to suite his style,our WC is not like his ,for example our kicks do not go above the waist

We dont use such flamboyant movements and we dont make silly noises lols

P

haha!! I am currently re-reading this thread to see when you take long entries and short entries.

I was with Aikido years ago for a while; self-defense too - I am only a civilian.


ETA:
is it possible to request for a update of what system you are using for entry/exit, timeframe, etc in the first post? It probably would help others who come across this thread; I'm still re-reading to pick up any missing hints.

We have to be careful here

To pick the start of a trend in the very early stages is almost impossible,ok we can look at certain indicators but as most are calculated using price data they really dont tell us a great deal.

Im not talking about looking at the last 20 bras and then saying 'look 20 bars ago thats where it started' Im talking about at bar 1234 or 5 saying or expecting a system or coding to say 'here is the start of your new trend'

There are ways of having a very good educted guess at where the trend ends and begins in REAL time but you need a certain amount of bars to do it,remove your indicators and look for higher lows and lower highs for example.

Can that be coded at the right place in time..well .. only a genius could prob do it I belive we have one here,perhaps a double bottom or a higher low marker appearing would help,I have traded with anyout any indicators using these formations and done very well but its manual eye straining stuff and so I abandoned it

Look at this 5 min chart Ive highlighted the HL and LH witha yellow box thats the 1st green light in place,we now need one more green light to enter and TM gives us that when we get the colour change.

the good thing about these formations is that they apprear on every time frame and do not need adjusting so are reliable

What m saying here is that with the TM multy and the TM I think we have enough... If I was running a software development business and I was the MD I would now be instructing my team of programmers to leave any indicator based programming and divert all energies into programming this basic formation..it stands alone from the indicator based data and number crunching and so would give an indication from another dimension

Its a difficult one and hours could be spent on it and it and ends up worthless but it does use pure price data and in a way the herd instinct of thousands of traders because its thier trading and thinking and assumptions that put the higher lows and lower highs in place..

Im being a realist here I know Ive put the yellow boxes on in hind sight and I dont want the thread to develop into some thing that centres around peoples personal favorite trading methods we have to stay focused here TM and the Multy TM is excellent thats our core our nucleus .. we need an outside domension to compliment this indicator ..

Had alot of mails about this

Its all basic stuff I like basic

I will inc my template and the indicators

Chart - 5 min
TG HG 0001a 5,15,30 min
TM CCI 50 ATR 5
ant-GUBreakout just there to show me the Asian market.
Clock v 1.3 Shows Broker time ,Tokyo,London,NY time,local time,GMT.
In Common tab make sure you tick both boxes for it to work

Short

5 min goes red and matches either the 15 or 30 min
Price below TM which will be red

Long

5min goes blue and matches either 15 or 30 min
Price above TM which will be blue

Initial stop loss

For longs

Closing below the blue TM line or breaking the swing low

For shorts

Closing above the red TM line or breaking the swing high

Trade management

Move stop up to the last horizontal blue TM line as price moves up,or down to the last horizontal red TM line as price moves down as shown in this link http://www.forexfactory.com/showpost...&postcount=377

Close when price closes below or above TM line depending on short or long

Thats it nice and simple

Paulus

Hi John

The MTF version works slightly differently to the STF version. Don't try to compare the two. Sometimes they will line up, other times they won't!

Anne

Hi TudorGirl,

are you planning on putting an alert/email on when all MTF agrees?

Would save a lot of screen watching

Thank's for all the hard work,

PC

I have been a silent reader of this thread for the last few days ! It is amazing to see people here, especially Paulus and TudorGirl !!! Both of you have made my weekend sooooo loooooong to wait for monday, to trade with this HG_001a and HG_001a_MTF !!!! Can't wait to see prices !!

Thanks a Lot !!
Best Regards.

Hi All

Just got a quick 10 minute breather between shopping and chores!!

Further to Paulus ideas on spotting potential tops and bottoms early with the classic Harami candlestick formation (HL and LH), I've just thrown together the attached indy.

As well as making sure of a higher-low and lower-high I also check to see that the body of the 2nd candle is contained inside the body of the 1st.

Just Mark 1 so feedback welcome! Any patterns you want can be added in a trice, each with different colour scheme...

Anne

Attached. "TudorGirl_T&B" (Tops & Bottoms indy)

Agree with paulus that we need only the bare minimum to watch PA as that is most important than anyother indicator

if anyone wants to add their fav indicator , its left to their discretion,as i still belive, no matter how easy u make it for people, there will be still people loosing money even with this indicator. As long as we humans are emotional, and have fear and greed, there will always be the 95% of traders who loose money to the 5% of them who have conquered this.

Have a realistic goal for each day and close the live platform once u achieve it and practise on either another low funded account and trade pennies or do demo so as to hone the skills and to trust the indicators.

Hi TG

See what you have done here .. fast beyond belief but not quite the type of formation I meant

I can see your candle picks out a lower high and if that candle is within the body of the 1st ..but Im not talking about candle stick formations ie morning star ie a combination of candles that itself makes a formation or individual candles.

Rather Im talking about higher lows and lower highs in the actual swing of price.One way this can be done from a coding point of view( I did work for some time with a guy but he had to give up on it )is to attach each high and low to an oscillator type indicator like ab RSI...Now let my self be clear here the RSI is only used to help the coder define the swing it wouldnt be seen on the chart and doesnt get used in any way shape or form other than picking the swings..I hope the chart helps and sorry if i didnt expalin fully about the swing high lows

On the chart you will see an RSI I have marked the swings if the code can pick these and then use that to relate to the price then the higher low and lower high swing formations and be identified..it will be a mechanical way of doing so

Its a start and very difficult to code to get the major swing HL and LH points.. what do you think TG is it possible can we get the major swings in place with the HL and LH's

Paulus