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EUR/GBP Trendmagic System

  • #2,461
  • Jun 18, 2009 2:01pm Jun 18, 2009 2:01pm
Quoting Edgetrader
Some indi's may be a bit quicker than others, but simply no way you could not have had between 10-50 pips there.
Thanks Edgetrader,

I've been "keepin it simple" and it's working great. Can't over complicate things in this business.

on a side note:

Edge,
I've been trying to PM you but for some reason the system wont let me. I took what you posted several weeks back about TS's MomSE/MOMLE strategies. I ran 12 or so different instruments through the strategy as well as different paramiters for the Renco block sizes and stratagy periods. I'd like to discuss/share the studies with you outside of this great thread. You can email or try PMing me. Thanks
  • #2,462
  • Jun 18, 2009 2:25pm Jun 18, 2009 2:25pm
@balle1973

I think you might have psoetd on the wrong thread. Nisha's thread is here:

http://www.forexfactory.com/showpost...27&postcount=1

Quoting balle1973
Quick thirty pips on Nisha's system.

Red line is the entry and weekly pivot is tp.
entered on yellow box because of divergence.
Thanks
  • #2,463
  • Jun 18, 2009 2:27pm Jun 18, 2009 2:27pm
@gillybabe

http://www.forexfactory.com/showpost...27&postcount=1

Quoting gillybabe
MMmmmm. Seem to have a problem. Already have autofibs on the system which runs fibs from the DP. Have just put on the autopivot program and whereas the lines seem to be showing, the names are not. Any ideas anyone pls
  • #2,464
  • Jun 18, 2009 2:41pm Jun 18, 2009 2:41pm
Quoting Dm3554
@balle1973

I think you might have psoetd on the wrong thread. Nisha's thread is here:

http://www.forexfactory.com/showpost...27&postcount=1
I am on correct thread. Thanks
Make money Not pips
  • #2,465
  • Jun 18, 2009 2:45pm Jun 18, 2009 2:45pm
1min and 5min signals original set up

P
Attached Image (click to enlarge)
Click to Enlarge Name: 1 and 5.jpg Size: 116 KB
  • #2,466
  • Edited 3:19pm Jun 18, 2009 3:02pm | Edited 3:19pm
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  • #2,467
  • Jun 18, 2009 3:04pm Jun 18, 2009 3:04pm
Quoting leledc
i understand exactly what i am doing.Below an indicator that i have developed that i wanted to share with you(it makes you notice when trend is changing before it happens,not holy grail but useful):but everyone in this thread has been very unkind with me so good luck to everyone.Bye
Dai, forza leledc, non andar' via, non sono tutti cattivi qui.

I'd like to try your indicator.
******************* I'd rather make money than be right.
  • #2,468
  • Jun 18, 2009 3:57pm Jun 18, 2009 3:57pm
hey leledc
Don't worry, sadly, there are plenty of people in this thread who want to be loved by everyone but simply cannot appreciate efforts and work of others persons. Some of them think that they are the best traders/programmers in the whole world and they have a right to treat others harsh or show them some ridiculous contempt.
There were plenty of really absurd and preposterous situations in here like bashing others for posting new indicators but arbitrarily putting indies without any consultation to the combo indi we all are using.
Some people have special rights here: i remember when affandiz posted FT for the first time he was simply condemned but when few hours later vorticity was posted, everybody just went into rapture.
I don't write this to convince you to stay in the thread or post your indicators - i just want you to know that there are some folks here who appreciate your input.
I don't know if your fixed indi is good or if it's piece of crap, but i KNOW that you had to spend time trying to fix it for OUR benefit, and I’m very grateful for that.
  • #2,469
  • Jun 18, 2009 4:22pm Jun 18, 2009 4:22pm
Today I made just one trade using this system, got +46 pips and happy.
BTW I believe we still do not have any alert system when indi changes it's color. In the meantime I dug up the indi {SHE!!! - WHO IS AGAINST OTHERS POSTING INDIS}
made years ago by Tesla and put it on my chart so I do not have to stare at it all the time, just some of the time. This indicator sends sound and email alert (your choice) when a price is within a reach of a certain line on the chart. The line might be straight, diagonal - doesn't matter. All that matters that in the lines description field should be words "Alert 20"
or 10 or 5. The number means distance in pips from the line. No negative numbers. The word Alert should start in a capital A, and indicator picks up which one line you want it to watch for you. Very simple and great thing, helps a lot!
As we know the indicator cannot change it's color without a price crossing it's line, so that's how I use it now, just to be alerted that it is possible to color to change. The alarm sounds just once, hence you have to reset it if after while of watching you see that noting happens and wanna go to bake that apple pie.

Cheers,
Lietuve
Attached File(s)
File Type: mq4 Alerter.mq4   3 KB | 722 downloads
  • #2,470
  • Jun 18, 2009 4:27pm Jun 18, 2009 4:27pm
Quoting Kosomolate
Yes the entry is good but the SL is too close and not as stated by paulus. try and get that right

look at the attached chart the red line with no 1 is where your initial SL should have been and as price moves up and TM forms another flat line then you move the SL to the red line no 2 and on and on till you are stopped out.



If you look at it you would see that if you had used the first line you would not have been stopped out

trade well

kos

First of all I want to thank Anne and Paul for this great thread. BTW I'm new in trading - just 6 months.
Kos, Refering to your explanation, can you help understand the exact time when you move your stops (how long must the horizontal line be, or must it be finished with a new uptrend line?). Also, your entry is at the opening or closing of the refered bar in your graph.
Thanks for all your valuable help.

Alfredo
  • #2,471
  • Jun 18, 2009 5:01pm Jun 18, 2009 5:01pm
Quoting agoyenec
First of all I want to thank Anne and Paul for this great thread. BTW I'm new in trading - just 6 months.
Kos, Refering to your explanation, can you help understand the exact time when you move your stops (how long must the horizontal line be, or must it be finished with a new uptrend line?). Also, your entry is at the opening or closing of the refered bar in your graph.
Thanks for all your valuable help.

Alfredo

Hi Alfredo

I removed the post not knowing you have quoted it, this is bcos I discovered that the question has recieved good attention from other ppl and there is no need for repetition. Moreso when Paulus himself has responded a few posts back

Moving the SL is not timed, and the horizontal TM line has no specific lenght, its just where the H/L is forming and price is moving side way for some times b4 it continues on its way down or up.

Entry is when 5mins color is the same with either 15 or and 30 mins and price is below or above the TM line which also must be of the same color

Thats to my small understanding of the rule and how I have been trading it. as for TP I look for between 10 and 20 points and this I do with a script that has preset TP and SL that I then adjust to the previous TM line

I hope am able to help you

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #2,472
  • Jun 18, 2009 5:13pm Jun 18, 2009 5:13pm
Nisha - I am impressed by your table of performance in Post #2378. Can you tell me which system you used for those results? I also follow your thread and wonder if you are trading Paulus' original system or modified by the miriad of amendments suggested. I have read this thread from cover to cover and its very hard to keep a focus on the original.
  • #2,473
  • Jun 18, 2009 5:37pm Jun 18, 2009 5:37pm
Kos

Thanks for your explanation and time.

Regards

Alfredo
  • #2,474
  • Jun 18, 2009 5:39pm Jun 18, 2009 5:39pm
@balle1973

But your post states that its a trade using Nisha's System (using Pivots). This thread is for Paulus System. Still ....

Quoting balle1973
I am on correct thread. Thanks
  • #2,475
  • Jun 18, 2009 7:10pm Jun 18, 2009 7:10pm
Thanks for sharing!
anything can happen
  • #2,476
  • Jun 18, 2009 8:58pm Jun 18, 2009 8:58pm
Hi Tudor Girl and thank you for your imputs.
Without wanting to be presumptuous - have you made available an mq4 file for your HG (STF, non-repainting) indicator? I would love to incorporate it into an ea as a trend filter.
Thank you,
Joel
  • #2,477
  • Jun 18, 2009 9:18pm Jun 18, 2009 9:18pm
First I want to say I really appreciate all you have done here.
thank you very much. And of course Paulus included and
at the forefront here. But... is there anyway you could either
give us a mq4 of this HG0001a, non mtf version indicator
OR provide an optional pop up alert ex4 if you prefer
that can alert us to a color change ie
Red on Eur/Usd 1 Min at x time

I ask with appreciation and hope you understand
the great bonus having an alert on this could be
to the overall system and many traders who could
make use of this alert.

thanks!

Brian

PS: And yes I know you are on a trip now, posting while I am thinking
about it so you can read when you return. Thanks for your consideration
  • #2,478
  • Jun 18, 2009 9:49pm Jun 18, 2009 9:49pm
HI

Who can make a MTF technique scalping indicator ?????????
  • #2,479
  • Jun 18, 2009 10:43pm Jun 18, 2009 10:43pm
I could be wrong but i thought someone posted that a while back, not TG or her indicator but it does the same thing, I thought it was mq4. Maybe someone else can help or post it but if I'm correct it's in the attachments

regards

Quoting golden1
First I want to say I really appreciate all you have done here.
thank you very much. And of course Paulus included and
at the forefront here....
  • #2,480
  • Jun 18, 2009 10:59pm Jun 18, 2009 10:59pm
Quoting Paulus
On the 1minso far

26 signals

13 wins 13 losers strike rate 50%

Average winner - 45
Average loser - 13

Total so far hmmmm 482 pips and long from 157.71 at 17.21 uk time

P
Hi Paulus, Looking forward for the new rules in 1m. Seems to have a lot of signals, and pips too. This might be useful to get rid of the boredom in M5, waiting for signal. Keep up the progress! ChiQ
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