Hi
Just trying to find out any early entry before pull back.
Result: closed +30
Just trying to find out any early entry before pull back.
Result: closed +30
Attached Image (click to enlarge)
Make money Not pips
- #1,891
- Jun 15, 2009 5:41am Jun 15, 2009 5:41am
Hi Everyone
Today was my first actual trading day with the system!! On advice, since I am learning, I was looking only at 1 pair (so I could focus). I chose the EURUSD because it has the least volatility.
I started at 0700 UK time (0600 GMT) and I have taken 5 trades.
3 break even
2 profit 12 + 7 = 19 pips.
Not very good I know!!!!!
My broker allows a minimum stop of 10 pips so as soon as I entered a trade I set the SL to 10. Perhaps because I was scared my MM was over-cautious.
On all trades, as soon as the price starts to move in...
don't worry about it, today is horrible lazy day, both EU and GU pairs - today i took 4 trades, two full loss and two BE+2.
Today isn't good day for ANYONE trend system.
Don't worry, shall be better day. Perhaps today in the afternoon the markets wakes up from this lethargy
Do you want an EA for your own profitable system?
E-mail or PM me.
- #1,892
- Jun 15, 2009 5:44am Jun 15, 2009 5:44am
- | Joined Oct 2008 | Status: Learning | 1,057 Posts
What you do is a reflection of you....what I do is a reflection of me.
- #1,895
- Jun 15, 2009 6:03am Jun 15, 2009 6:03am
Hi, from what I can see, it [Kamikaze] repaints previous bars!
Regards
The lines...
double price_typical5 = (iHigh(NULL, PERIOD_M5, i5) + iLow(NULL, PERIOD_M5, i5) + iClose(NULL, PERIOD_M5, i5)) / 3;
double sma_trend5 = price_typical5 - iMA(NULL, PERIOD_M5, SMA, 0, MODE_SMA, PRICE_TYPICAL, i5);
are (in this application), directly equivalent to...
double trend = iCCI (NULL, PERIOD_M5, SMA, PRICE_TYPICAL, i5);
... which is what I used. After all, this indy is just an MTF version of TM which uses CCI.
Why make life hard for yourself when the kind folks at MetaQuote have done most of the work for you?
Anne
- #1,898
- Jun 15, 2009 6:29am Jun 15, 2009 6:29am
Edge:
Have you noticed your FT indy set to 10 is identical to TudorGirls Vorticity? Her's might be even faster to signal. The FT histogram is interesting to see the trend increasing or slowing down to confirm price action. Just an observation from overlaying them on each other.
TudorGirl proves right again as she states in Post 43 in Nisha's nice thread: http://www.forexfactory.com/showthre...=175552&page=3
She says you only need 2 indy's ...otherwise we fool yourself with more. I've used too many before TudorGirl came along....
Thank you for your wonderful insight! The Forex Trend (Technique Scalping) indy is nothing more than a Fisherised Stochastic.
The Fisher Transform is the log( (1+x) / (1-x) ) bit and the effect of the Fisher transform is to change the PDF (probability density function) to approximately Normal (Gaussian).
The Hydro Vorticity relates the log(Volatility) to log(Time). The difference of two logs is the log of the quotient of their arguments.
So I think the two indy's would give near identical results with that setting.
Again, an example of two completely independent approaches confirming the same facts.
Nice one Steve
Anne