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EUR/GBP Trendmagic System

  • #1,521
  • Jun 11, 2009 8:43am Jun 11, 2009 8:43am
Has anyone noticed a difference between the latest version of HV and the previous one?

Today is not my day. Yesterday I made tons of pips, today my account has gone down, despite following the rules! Uggggh.
  • #1,522
  • Jun 11, 2009 8:46am Jun 11, 2009 8:46am
Quoting gillybabe
Has anyone noticed a difference between the latest version of HV and the previous one?

Today is not my day. Yesterday I made tons of pips, today my account has gone down, despite following the rules! Uggggh.
I think that suffering less redrawing issue - i notice that its redraw, but much less (one, or two bars) - version 1 has redraw about right more than 5 bars ago
Do you want an EA for your own profitable system? E-mail or PM me.
  • #1,523
  • Jun 11, 2009 8:46am Jun 11, 2009 8:46am
Long audusd but it's really struggling to break resistance at 8150.
If it does, hopefully will surge.

Edit: As I wrote, it broke upwards. Good stuff. More resistance at 8160 to get through now.
Full-time trader and loving it!
  • #1,524
  • Jun 11, 2009 8:51am Jun 11, 2009 8:51am
Quoting Edgetrader
Thread creator gets burned out with all the repetative blah blah due to nothing more than video game players wanting more candy while doing even less work than before.

Then, main indi developer and programmer mentions on a few occassions that she would like to focus on trading and broaden her horizons. A few try to assist her in those efforts, but overall, the entire thread following misses an opportunity to simply trade the simple set of indi's and help both Paul and Anne by staying focused.

Mentioned yesterday that trading is about account...
Good post Edge...

I agree with you. We shouldn't make this too complicated. People who try to help others quickly get burned out by having to answer the same questions over and over again.

I'm sad to see both Paulus and Anne leave the forum so soon. I do hope that we can carry this thread forward and keep it focused on Paulus's original concept. At this point I don't believe we need any additional indicators. What we all need to do is trade the heck out of this set up and see if we can determine if there are any major pitfalls or issues with it.

As far as I can see the 2 major issues that have been brought up are where do we take profit and defining a re-entry strategy.
  • #1,525
  • Jun 11, 2009 8:58am Jun 11, 2009 8:58am
@MAD may I ask how you determine your SL?


and, does the new vorticity indi mean that if there is like bar 1 2 3 and 3 is the current bar, then 1 won't change its colour again? or do you have to go back one more bar?
  • #1,526
  • Jun 11, 2009 9:00am Jun 11, 2009 9:00am
the original 5min system posted on the 1st page is the best, the modified stuff sucks.
prepare for worst & expect the best
  • #1,527
  • Jun 11, 2009 9:01am Jun 11, 2009 9:01am
Have you read the F****** THREAD???

Quoting wwp726
Hydrodynamic Vorticity is repaint !~!!!!

can someone tell me how to use it ?
  • #1,528
  • Jun 11, 2009 9:07am Jun 11, 2009 9:07am
Quoting tony_dtrader
the original 5min system posted on the 1st page is the best, the modified stuff sucks.
That's a sweeping statement!
Got some comparison data to back it up or is that just a subjective opinion?

If I was Paulus or TG and read that, I'd be tempted to bugger off too!

I'm trading the method shown in post #414, seems to be working fine, certainly doesn't suck so far.
Full-time trader and loving it!
  • #1,529
  • Jun 11, 2009 9:12am Jun 11, 2009 9:12am
Quoting Edgetrader
Search all you want for indi's.

Answer is right in front of you, albeit I admit it can at times be difficult to see the forrest through the trees.

Any indi combo will suffice. As mentioned previously you have at least 17 good choices within this thread. You only need two to accomplish your goal though. Just make the trade according to your plan.

Perfect example here on the Eur/Usd. Took several quick trades today. Saw what my plan was set to divulge same as with TM/TG materials. Look what happened when I decided to be a smart-ass and anticipate...
EdgeTrader i see that u use Renko chart...can i ask u how many pips are your blocks??? 10 pips???
  • #1,530
  • Jun 11, 2009 9:12am Jun 11, 2009 9:12am
I think when I lose my temper from reading something, it is time to go....

Enjoyed reading *some* of the posts and contributors here. Good trading to all.

Quoting tony_dtrader
the original 5min system posted on the 1st page is the best, the modified stuff sucks.
  • #1,531
  • Jun 11, 2009 9:12am Jun 11, 2009 9:12am
Quoting Digitalis
That's a sweeping statement!
Got some comparison data to back it up or is that just a subjective opinion?

If I was Paulus or TG and read that, I'd be tempted to bugger off too!

I'm trading the method shown in post #414, seems to be working fine, certainly doesn't suck so far.
I am trading on the 1HR which is not the method in post one. I have banked a lot of pips with it. If that sucks, then I'll take it any day!
Believe and Achieve!
  • #1,532
  • Jun 11, 2009 9:13am Jun 11, 2009 9:13am
Quoting Horrigan
I think that suffering less redrawing issue - i notice that its redraw, but much less (one, or two bars) - version 1 has redraw about right more than 5 bars ago
Agreed. I have plotted both versions together as a comparison. The newer version will provide more false signals than the older version, but will only repaint 2 bars back from the current bar.

Use in conjunction with the MTF HG indicator it is a very useful tool for exits and re-entries

Andy
  • #1,533
  • Jun 11, 2009 9:14am Jun 11, 2009 9:14am
Quoting Maelstrom
I think when I lose my temper from reading something, it is time to go....

Enjoyed reading *some* of the posts and contributors here. Good trading to all.
Don't let other people pull your strings.
Ignore it (like I should have!) and stick with it here.
I've just added the first person to my ignore list, it was a pleasure
Full-time trader and loving it!
  • #1,534
  • Jun 11, 2009 9:15am Jun 11, 2009 9:15am
Quoting Edgetrader
Thread creator gets burned out with all the repetative blah blah due to nothing more than video game players wanting more candy while doing even less work than before.
Seconded! My account is up 5% today just from the GU long that I took earlier based on the rules outline in this thread. Anyway, back to watching the indies amd PA.
  • #1,535
  • Jun 11, 2009 9:20am Jun 11, 2009 9:20am
Quoting Digitalis
Long audusd but it's really struggling to break resistance at 8150.
If it does, hopefully will surge.

Edit: As I wrote, it broke upwards. Good stuff. More resistance at 8160 to get through now.
I got out early because other things to do. But a nice 40 pip move up and should be a minimum 17 pips.
Full-time trader and loving it!
  • #1,536
  • Jun 11, 2009 9:21am Jun 11, 2009 9:21am
Quoting Andy B
Agreed. I have plotted both versions together as a comparison. The newer version will provide more false signals than the older version, but will only repaint 2 bars back from the current bar.

Use in conjunction with the MTF HG indicator it is a very useful tool for exits and re-entries

Andy
Agree. For exits is this ULTIMATE tool, for re-entry I using the M1 dot red and switch back to blue (or vice versa) - but re-entry strategy depends on everyone's pschychics, confidence, etc.

EDIT- now i'm frustrated about EU and "bastard" pairs - fired out both +2 pips and now great rally Wait for re-entry signal, but it doesn't coming yet.... and pips run away.......aaaaahhhh!
Do you want an EA for your own profitable system? E-mail or PM me.
  • #1,537
  • Jun 11, 2009 9:27am Jun 11, 2009 9:27am
Quoting Andy B
Agreed. I have plotted both versions together as a comparison. The newer version will provide more false signals than the older version, but will only repaint 2 bars back from the current bar.

Use in conjunction with the MTF HG indicator it is a very useful tool for exits and re-entries

Andy
Thank you. I think I will stick to the older one.
  • #1,538
  • Jun 11, 2009 9:29am Jun 11, 2009 9:29am
Today has been tough in the early periods I started with 2 losers on my normal GBPJPY

-25 -18

Im currently long from 160.79 using TM as a step stop as shown earlier ,my SL is now at 161.42 a nice gain of 63 pips

Iv have a good hard look at the posts ....you cant all be making pips in real time in hind sight trading maybe..flipping through swaps and time frames until you see a great signal and then posting it as a live or demo trade.

I know this sounds cynical but come on this is a mechanical system your only ever going to get on the very best a max of 60-70 strike rate,would be nice to see some losers..we can learn as much from losers as we can from winners..this thread is not to boost egoes its to develop a profitable trading system

2 points

The 15min time frame does look very good couple changes though your 3 TM lines need to be 15 30 1hr dont just load the 5min template onto the 15min time frame you need to change the TM then save as a 15 min template

I think I would need to take signals within the Asian period as well otherwise it cuts down the working day just to much..for this an EA would be requided I need my beauty sleep haha

A few observations

For entry I normaly need 15 and or 30 blue then 5min goes blue...

Now if the 5min goes blue 1st and the other 2 join it Im now looking for a red blue on the 5min to go in...this colour change represents a pull back of the main trend..but often I have noticed that quite often we wont get that in a strong trend the pull back isnt strong enough to alter the TM.

I have a few ideas concerning the 4th line of the TM multy that Im not using at the moment.Will post if I find it works

In all my threads concerning trends I have tried to emulate 2 things

Identify the trend
Identify the retracement

Cant get involved with all the chit chat and Im sorry that a few really excellent 1st class posts are getting past me.Dont forget Im open to Pvts if you want to make a certain point ......... but for now all Im looking at is swaps, time frames, and the indicators that have been created by the brilliant Annie

Just moved stop to 161.58 now locked in 79 pips net now 36 pips after 2 losers

Paulus

PS Maelstrom

Big breath .... now do as I say exactly it works for me you need 4 things

Tall glass
Ice
Vodka
Orange

Put ice in glass pour Vodka on untill its a least 50% the volume of the glass
Now pour on the Orange juice we need our Vit C but dont take the *iss this is a medicine Im giving out here dont pollute the hard stuff

Look at the glass .. lift the glass .. open mouth and pour .. stop when glass empty

Give the medicine 15 mins to work then come back to the thread and tell every one you love them

hehe .. seriously dont go

P
  • #1,539
  • Jun 11, 2009 9:29am Jun 11, 2009 9:29am
Thanks for the info folks.

Don't worry about Paulus, he just has a lot on his plate and probably couldn't spare all the time needed to moderate this thread.

Thanks paulus for another interesting system.
Starting to see instead of just looking.
  • #1,540
  • Edited 9:47am Jun 11, 2009 9:30am | Edited 9:47am
Quoting tony_dtrader
the original 5min system posted on the 1st page is the best, the modified stuff sucks.

Agreed. (BUT SUCK ISN'T THE RIGHT WORD AS I'M SURE MANY OTHER TRADERS MAY BENEFIT FROM THEM) I have played around with other TM system configurations but it creates to much mental overhead because I can see so many viable trading approaches (it confuses me).

I'm still having a little difficulty trailing stops but that is definitely a psychological thing. I have been using profit targets and other ways to exit however I actually desire to follow the system 'text book' style.

From here on in, it is about developing the discipline to follow the trade until completion, not because I want 100s of pips but because I feel that this will be the way to minimise the mental overhead. It really is a question of trust in a system and that can only come through time and practice.
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