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EUR/GBP Trendmagic System

  • #841
  • Jun 8, 2009 12:22pm Jun 8, 2009 12:22pm
Quoting TudorGirl
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
For the blue dot of Paulus, maybe different feeds, different quotes, etc ...

No worries
  • #842
  • Jun 8, 2009 12:23pm Jun 8, 2009 12:23pm
Hi,
Could someone confirm if my chart is right?
Thanks
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  • #843
  • Jun 8, 2009 12:23pm Jun 8, 2009 12:23pm
Quoting Jeg
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.
No. I have a different version from all the rest of you. Mine is the development version with everything adjustable. The release version is the HG_0001a (STF) and HG_0001a_MTF which you have.

Anne
  • #844
  • Jun 8, 2009 12:31pm Jun 8, 2009 12:31pm
i just tried it with mb-trading ecn broker data feed. its the same chart like fxcm but its still different to yours, have a look :
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  • #845
  • Jun 8, 2009 12:32pm Jun 8, 2009 12:32pm
No Paulus, it's not broken. As I noted earlier, sometimes if you switch timeframes on your chart, the current (5m) bars on the MTF may change. I have the single time frame on my chart as well, and what I have found is yellow bars will show as red or blue on the MTF, but when you switch, they will (sometimes) assume the color of the trend after the yellow (consolidation) point.

Wow, was that unclear or what? lol

Bottom line, what I have found is leaving the MTF as is (not switching) works just fine. The damn thing is smarter than me, and I am learning very quickly to trust it without question.


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
  • #846
  • Jun 8, 2009 12:34pm Jun 8, 2009 12:34pm
Try going to the properties of the MTF indie, and then closing the properties box. Seems to reset it for me (does the same thing to me sometimes)

Quoting tex
i just tried it with mb-trading ecn broker data feed. its the same chart like fxcm but its still different to yours, have a look :
  • #847
  • Jun 8, 2009 12:38pm Jun 8, 2009 12:38pm
I understand that different feeds might cause a blue box to be on some but not other MTFs. But my concern is why Paulus' TM is so different from mine. As TG noted, why did it rise but stay blue? Mine did not rise at that point.
  • #848
  • Jun 8, 2009 12:42pm Jun 8, 2009 12:42pm
Sorry, should have said rise but stayed red.
  • #849
  • Jun 8, 2009 12:45pm Jun 8, 2009 12:45pm
ok out pity but rules is rules !

and a good example of how the stop works...I have no re entry .

P
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  • #850
  • Jun 8, 2009 12:48pm Jun 8, 2009 12:48pm
Quoting Paulus
went from 5 to 1 to 15 to 1hr back to 5 blue box still there

P
Paulus--i think you need some sort of channel with your chart so you don't hit a wall(or at least you know when its coming)--i think some people are worried about when to trade--lol--am sorry this thing has no limits if you know how to work it---

-
-Still deciding who is prettier Paulus or TudorGirl--hmmmm
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  • #851
  • Jun 8, 2009 12:49pm Jun 8, 2009 12:49pm
This thread started on 28 April and had fizzled out by 11 May after less than 2 pages.

I joined on 23 May and in the last 2 weeks we are now up to 59 pages!

I have this nagging fear that if I were to leave the PC for more than 2 hours then return, I would never catch up on the backlog of posts.....lol!

I am not sure if I even dare to go shopping.....

Anne
  • #852
  • Jun 8, 2009 12:50pm Jun 8, 2009 12:50pm
Hello, everyone; new to forex factory and following this thread; system seems to work. Just a question, what is the max drawdown someone has experienced here using this system? How many pips does it normally goes on the opposite direction once a position is open?

Thanks,

Rive
  • #853
  • Jun 8, 2009 12:51pm Jun 8, 2009 12:51pm
Paul & Anne, This system is too good to be true, it's just a superb. I was out of the market for last 2 weeks for some personal reason. I found this system y'day only, and I had traded this afternoon g/u with a T/S profit of 30 pips, still on a trade and it is at around 47 pips as I write this.
Thanks a million for the beautiful money making system, I really do appreciate your time, energy and everything.
You guys are genius !!! Great job..... and again thanks a lot for sharing this.


KP
  • #854
  • Jun 8, 2009 12:51pm Jun 8, 2009 12:51pm
It may be that we have different settings in TG's version of TrendMagic Indicator.

[I have left them at the preset values: CCI=50, ATR=5]

@Paulus, and @TudorGirl - what settings do you have for CCI and ATR in TM Indy?

Thanks, Richard.
  • #855
  • Jun 8, 2009 12:55pm Jun 8, 2009 12:55pm
I still have a hankering for higher timeframes. When I wrote the indicators I was looking at the H1, as you will see from my earliest posts.

Trading the EG today on M5 has been a rough ride. But anyone on the M15 has had a beautiful day, and is still in there!!

Anne
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  • #856
  • Jun 8, 2009 1:01pm Jun 8, 2009 1:01pm
Quoting TudorGirl
I still have a hankering for higher timeframes. When I wrote the indicators I was looking at the H1, as you will see from my earliest posts.

Trading the EG today on M5 has been a rough ride. But anyone on the M15 has had a beautiful day, and is still in there!!

Anne
That's exactly what I'm riding...

Didn't post it to prevent deviation of the thread, since we're focusing on 5M...

Cheers!
Many share my views with me. But I don't share them with them...
  • #857
  • Jun 8, 2009 1:24pm Jun 8, 2009 1:24pm
Quoting Ucglobal
Hello, everyone; new to forex factory and following this thread; system seems to work. Just a question, what is the max drawdown someone has experienced here using this system? How many pips does it normally goes on the opposite direction once a position is open?

Thanks,

Rive
Tough one to answer after one day in the pits. Depends on the pair traded, the TF and the lot size. To be determined when indi development is complete and performance evaluations can be computed. Stay tuned.

Regards.
  • #858
  • Jun 8, 2009 1:25pm Jun 8, 2009 1:25pm
I am also enjoying more success on the higher timeframes. H1 has been wonderful to me today. EUR/GBP have been short since early this morn on the H1 and have been long the GBP/USD since 1.6017 on the H1. I have had a few winnders and losers on the 5 min though. Like the USD/CHF I just got stopped out of from the 5m entry a few hours ago. Other than that only time will tell.

Jon
  • #859
  • Jun 8, 2009 1:30pm Jun 8, 2009 1:30pm
+ 150 on GY (from the 5 min only)

We need a stronger exit method than original.

For example, stay in till we see reverse on 5 min ?????????
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  • #860
  • Jun 8, 2009 1:30pm Jun 8, 2009 1:30pm
Hi, tex. My EURGBP M5 chart (Alpari UK) looks exactly like your FXCM and MB-Trading (ECN) charts.

Not sure why we differ from Paulus's and TudorGirl's same-tf-same-pair charts ... i.e. no yellow bars on HG_0001a, no single blue square on TG HG_0001a_MTF, and no rise in TrendMagic Line (and change colour to blue) at approx 17:40 (GMT+1) earlier this evening.

I think it might be different versions of indys or different settings for the same indys. Not sure. It's a mystery.

Can you let me know if you find out why? Thanks, Richard.

Quoting tex
i just tried it with mb-trading ecn broker data feed. its the same chart like fxcm but its still different to yours, have a look :
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