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EUR/GBP Trendmagic System

  • #821
  • Jun 8, 2009 11:46am Jun 8, 2009 11:46am
Quoting Jeg
Hi Paulus
Congratulations to you and Anne for this great system!
I just installed the template and indicators, but comparing your last chart with the one I have, in mine I dont have the last blue dot that is in yours, which I understand it was what your were waiting for in order to go short. Am I missing and set up? Thank you for your help.
I can't reproduce Paulus' chart either!!

Horrigan - The point is, my TM stayed flat while Paulus kinked up! And his HG MTF is different.

Anne
  • #822
  • Jun 8, 2009 11:46am Jun 8, 2009 11:46am
Good day so far

1 nice win on GBPJPY 5min
Looking ok on EURGBP 5min

Asian break 3 swaps 3wins 1hr charts
US break 3 swaps 2 wins 1 loser 15 min charts

And on another system un named as yet 1 loser but aw inner still going which is now 3 times the size of the loser 5min
The EOD system not doing too bad either daily charts

Will be moving stop soon
  • #823
  • Jun 8, 2009 11:50am Jun 8, 2009 11:50am
Ok this is worrying

I just assumed that TM line repaints but TM Multy doesnt

I will post this chart then do a swap to 1hr chart and then back to 5min see what happens to the blue sqaure

P
Attached Image (click to enlarge)
Click to Enlarge Name: short sig3.gif Size: 18 KB
  • #824
  • Jun 8, 2009 11:53am Jun 8, 2009 11:53am
Quoting Paulus
Ok this is worrying

I just assumed that TM line repaints but TM Multy doesnt

You got it
  • #825
  • Jun 8, 2009 11:55am Jun 8, 2009 11:55am
Paulus,

Put the single timeframe indie on the chart, and I bet you will see that the blue box on the MTF matches with the yellow from the single TF indie.

Also betting your blue box is gone after swapping TFs on your chart.....

Quoting Paulus
Ok this is worrying

I just assumed that TM line repaints but TM Multy doesnt

I will post this chart then do a swap to 1hr chart and then back to 5min see what happens to the blue sqaure

P
  • #826
  • Jun 8, 2009 11:56am Jun 8, 2009 11:56am
went from 5 to 1 to 15 to 1hr back to 5 blue box still there

P
Attached Image (click to enlarge)
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  • #827
  • Jun 8, 2009 11:58am Jun 8, 2009 11:58am
Quoting Paulus
here is a short signal that gives us all the right condition


Red on 5 red on 15 and or red on 30

Then we get blue on 5 - retracement may be ???..I dont know neither do you but giving all the evidence the odds are in our favour that the trend is still in place

Red on 5min close of candle below TM line..my stop 5 or so pips above swing high

But i we put in higher low it could be game over but using this method in its purest form we do not think like that we do not carry out any analysis..we look at colour blocks they do all the work and...
And the Lion, long lurking in the tall grass, eyeing his prey (thats you and me) lets out his ferocious roar and unleashes his power and furry upon his startled prey. His powerful jaws clamp down upon the neck of his tageted victims, his massive paws and razor sharp claws easily keep in place and further subdue his feast, as he easily tears meat from bone and has his fill.

Old school stuff here Paul. As in the days of old, a 5m trade with upper TF confirmation. So ends the saga of how and which indi setup to use. Simply left to the individual trader to decide the pair they wish to trade.

TP is simple as a reversal signal per the TM and TG indi combination color matching. SL is fully discretionary but can be easily utilized in a sliding capacity based upon a stair stepping methodology.

Trader has the capability to modify the TM settings to match whatever SL they are comfortable with via a change in color. Can decide only two things, use the default settins of both or re-enter trades as they wish. This aspect may cause a bit of discomfort when trading the 'beast or bastard, not so mush when trading the tamer pairs.

Pretty good correlation trading is present in the EurUsd / UsdChf pairs should one wish to explore such. Almost a 180 degree differential allowing one two trade the exact opposite direction at the same time with relative ease.

EurGbp pair offers the only 1.5 or 2 for 1 gain per pip in the Forex industry. Caution should be utilized as it bites you on your losses in the same manner.

One weeks research and development and one solid trading day is obviously premature. Lots of promise to say the least though.

Seems as though follow through on indi coding with external input capabilities to match each traders choice of pair and subsequent settings is but a small matter to accomplish.

So, what is next?

Regards.
  • #828
  • Jun 8, 2009 11:59am Jun 8, 2009 11:59am
Quoting Maelstrom
Paulus,

Put the single timeframe indie on the chart, and I bet you will see that the blue box on the MTF matches with the yellow from the single TF indie.

Also betting your blue box is gone after swapping TFs on your chart.....

Yup, that's it!! Chart attached. Everything is cool.

Anne
Attached Image (click to enlarge)
Click to Enlarge Name: paulus8.gif Size: 14 KB
  • #829
  • Jun 8, 2009 12:02pm Jun 8, 2009 12:02pm
lion lurking lol good scenario
  • #830
  • Jun 8, 2009 12:04pm Jun 8, 2009 12:04pm
aud/jpy looks weak
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  • #831
  • Jun 8, 2009 12:04pm Jun 8, 2009 12:04pm
Quoting TudorGirl
I can't imagine for one moment why the GBP is so strong!! The UK economy is in deep shit and the Prime Minister is on the very edge of resigning...!!

And everyone buys the pound??

TG
And that my dear is why it is the 'bastard'. Does what it wants, when it wants and with relative impunity.
  • #832
  • Jun 8, 2009 12:05pm Jun 8, 2009 12:05pm
Just wanted to thank you all for all your efforts in this system. I am quite excited about the future of a easy language file for tradestation. Until then I will keep playing with MT4. Thanks again Paulus and TudorGirl
  • #833
  • Jun 8, 2009 12:05pm Jun 8, 2009 12:05pm
well my chart looks quite different :
Attached Image (click to enlarge)
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  • #834
  • Jun 8, 2009 12:08pm Jun 8, 2009 12:08pm
Oh i missed the HG 0001, and i just find it.

Now the picture is more clear.

Sorry
  • #835
  • Jun 8, 2009 12:09pm Jun 8, 2009 12:09pm
Will be very excited to put this on a platform with smoothing PA charts. Will then run the probability studies, get the derived PE and crank her up in Forex and Futures.

Thx Paul and Anne. This borders on quasi - fun.
  • #836
  • Jun 8, 2009 12:12pm Jun 8, 2009 12:12pm
so can I ask a silly question

Can I still play is it broken ?

Here is my chart from 7.43am this morning 1st trade and its the same

http://www.forexfactory.com/showpost...&postcount=656

Hmm whats next

hedge fund .. 'Blaster TM fund' whats 2% of 50Mil errrrrrrr

hehe
  • #837
  • Jun 8, 2009 12:15pm Jun 8, 2009 12:15pm
Yes, my chart is like Tex's. Alpari UK?

Quoting tex
well my chart looks quite different :
  • #838
  • Jun 8, 2009 12:15pm Jun 8, 2009 12:15pm
Which Broker are you using Paulus ?

@ DM3554 no it's FXCM



Quoting Paulus
so can I ask a silly question

Can I still play is it broken ?

Here is my chart from 7.43am this morning 1st trade and its the same

http://www.forexfactory.com/showpost...&postcount=656

Hmm whats next

hedge fund .. 'Blaster TM fund' whats 2% of 50Mil errrrrrrr

hehe
  • #839
  • Jun 8, 2009 12:16pm Jun 8, 2009 12:16pm
Quoting Paulus
so can I ask a silly question

Can I still play is it broken ?

Here is my chart from 7.43am this morning 1st trade and its the same

http://www.forexfactory.com/showpost...&postcount=656

Hmm whats next

hedge fund .. 'Blaster TM fund' whats 2% of 50Mil errrrrrrr

hehe
Hi Paulus,

NO. It is not broken. Just some finger trouble.... I was using the tweakable version of the indys and I er...... tweaked them!!

To totally different settings...

I am getting what you are getting.

Anne
  • #840
  • Jun 8, 2009 12:17pm Jun 8, 2009 12:17pm
Quoting TudorGirl
Yup, that's it!! Chart attached. Everything is cool.

Anne
Hello Anne
I see in your chart that you have the HG 0001 and I have the HG 0001a, did I missed any update? In my chart I can't see the yellow bars on the 5M TF, thanks.
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