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EUR/GBP Trendmagic System

  • #2,821
  • Jun 23, 2009 6:51am Jun 23, 2009 6:51am
Settings: MTF 60 30 15 5

GBP

SL 35
TP1 30
TP2 40
TP3 50

Entry 16277 08h00 GMT

Average gain 40
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_05 Jun. 23 13.22.gif Size: 14 KB
" Never let the past hold the future to ransom "
  • #2,822
  • Jun 23, 2009 6:57am Jun 23, 2009 6:57am
Settings MTF 60 30 15 5

GBPJPY

SL 45
TP1 35
TP2 45
TP3 55

Entry 154.97 09h00 GMT

Average gain 45 pips

No trailing stops were used today on trades.
Attached Image (click to enlarge)
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" Never let the past hold the future to ransom "
  • #2,823
  • Edited 7:24am Jun 23, 2009 7:13am | Edited 7:24am
Trades done with Trix: Settings: Period 5 Signal 14
TF 5m

This is an experiment trading 4 minilots per trade( live) with fixed TP settings.

Server time GMT +1
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" Never let the past hold the future to ransom "
  • #2,824
  • Jun 23, 2009 7:31am Jun 23, 2009 7:31am
Quoting Gleneagles
Trades done with Trix: Settings: Period 5 Signal 14
TF 5m

This is an experiment trading 4 minilots per trade( live) with fixed TP settings.

Server time GMT +1
Welcome Back, hope you had a gr8 holiday.

Pardy
  • #2,825
  • Jun 23, 2009 7:38am Jun 23, 2009 7:38am
Quoting Gleneagles
Trades done with Trix: Settings: Period 5 Signal 14
TF 5m

This is an experiment trading 4 minilots per trade( live) with fixed TP settings.

Server time GMT +1
glen that is very sexy my friend

when are you gonna post your tpl/indies/rules etc?

Of everyone here, i respect you the most. One of the few traders in this thread (and forum) thats actually live with a variation of this system, AND posts screenshots of his daily account.

love those $400 days

keep it up, you can pm me if you want 8D
  • #2,826
  • Jun 23, 2009 7:46am Jun 23, 2009 7:46am
Quoting notch
First trade of the day.


Hello,

What is the indicator with the ball and then the line? Please someone post it.

THANKS
Market Makers are the best
  • #2,827
  • Jun 23, 2009 7:52am Jun 23, 2009 7:52am
Quoting Pardy
Welcome Back, hope you had a gr8 holiday.

Pardy
Thank you, it was great!

This pic is for Paulus.
Taken on a private game reserve.
They call this lion Number 6, apparently it is the sixth largest lion recorded and weighed, on record. Weighs 245 kg! Eats 40-50kg meat in one sitting.
If this is number 6, I shudder to think what number 1 looked like.

Pardon the of-topic post.
Attached Image
" Never let the past hold the future to ransom "
  • #2,828
  • Jun 23, 2009 8:02am Jun 23, 2009 8:02am
Quoting noskool319
glen that is very sexy my friend

when are you gonna post your tpl/indies/rules etc?

Of everyone here, i respect you the most. One of the few traders in this thread (and forum) thats actually live with a variation of this system, AND posts screenshots of his daily account.

love those $400 days

keep it up, you can pm me if you want 8D
I am starting to put together a summary of the trades done since we started the project.

I will cut it of on Friday after close of trading.

We have tested 1440 240 60 15... 240 60 15 5... 60 30 15 5.. 30 15 5 1
15 5 1
Total trades are 200 and some change.

In addition, we have analyzed the ATR readings over a period of 8 weeks to get a handle on trading ranges, best trading times etc for this method and also for trading in general.

It is quite a task massaging the info into something useful.

Next week, we should have some results and findings, hopefully something that will be useful for the traders.
" Never let the past hold the future to ransom "
  • #2,829
  • Jun 23, 2009 8:06am Jun 23, 2009 8:06am
Quoting Gleneagles
Thank you, it was great!

This pic is for Paulus.
Taken on a private game reserve.
They call this lion Number 6, apparently it is the sixth largest lion recorded and weighed, on record. Weighs 245 kg! Eats 40-50kg meat in one sitting.
If this is number 6, I shudder to think what number 1 looked like.

Pardon the of-topic post.
Was it allowed to pet the lion? ^^
  • #2,830
  • Jun 23, 2009 8:09am Jun 23, 2009 8:09am
Quoting MCFly
Was it allowed to pet the lion? ^^
Not sure if anyone will take up that offer!!!
" Never let the past hold the future to ransom "
  • #2,831
  • Jun 23, 2009 8:10am Jun 23, 2009 8:10am
How is your ea performing glen?
  • #2,832
  • Jun 23, 2009 8:14am Jun 23, 2009 8:14am
Quoting gillybabe
How is your ea performing glen?
I am placing the trades manually by market order and some by pending order.

I only use an EA to manage the trades (stops and tp)
" Never let the past hold the future to ransom "
  • #2,833
  • Jun 23, 2009 8:17am Jun 23, 2009 8:17am
Quoting nisha4x
Anne

another indi i am checking out is called 4x 3 semafor, found this on a thread, just studying it, it seems to be very accurate in finding tops and bottoms, maybe u wanna have a look, attaching it here

nisha

What do those red, green (lime) and yellow coloured dots mean?
福 子 Victor V
  • #2,834
  • Jun 23, 2009 8:29am Jun 23, 2009 8:29am
Hi guys,

On Gleneagles chart, the trix is clean looking with one line. When I set
it up, I have 3 lines and dont know which one to look at. Can any one
help? Thanks

trademeister
  • #2,835
  • Jun 23, 2009 8:36am Jun 23, 2009 8:36am
Quoting trademeister
Hi guys,

On Gleneagles chart, the trix is clean looking with one line. When I set
it up, I have 3 lines and dont know which one to look at. Can any one
help? Thanks

trademeister
It is probably MA that you see on the chart, just ignore...
The Trix tests are running on another PC, I am only using the pop-up alarm to keep the charts clean.
" Never let the past hold the future to ransom "
  • #2,836
  • Jun 23, 2009 8:45am Jun 23, 2009 8:45am
In the trix settings under colours it has 0-5. Set the 0 to yellow and all the others to none.
You should then only see one line on your trix indicator. Hope this helps?
Ian
  • #2,837
  • Jun 23, 2009 8:45am Jun 23, 2009 8:45am
Quoting Gleneagles
It is probably MA that you see on the chart, just ignore...
The Trix tests are running on another PC, I am only using the pop-up alarm to keep the charts clean.
Yellow line at bottom of the chart is QQE, I use it as a price alert only because we don`t have an alert function on MTF yet.

It does help when you have to monitor a few trades and screens but it is not part of the system, apologies for the confusion!
" Never let the past hold the future to ransom "
  • #2,838
  • Jun 23, 2009 8:57am Jun 23, 2009 8:57am
Hi Gleneagles,

Can you please explain the below post in more detail? How are you trading the trix with these settings? Are you using them in conjunction with another indicator or merely trading by the trix???

Thanks
Ian

P.S i have managed to pick up 2 trades on the eurjpy tonight, 1 for 59 pips and 1 for 28 pips. Using a mixture of the Forex Trend and the trix at the settings put forward by edge. I also use the 14ma as an indicator also.


Quoting Gleneagles
Trades done with Trix: Settings: Period 5 Signal 14
TF 5m

This is an experiment trading 4 minilots per trade( live) with fixed TP settings.

Server time GMT +1
  • #2,839
  • Jun 23, 2009 9:01am Jun 23, 2009 9:01am
Thanks for your replies. Guess it is the QQE I see.
  • #2,840
  • Jun 23, 2009 9:18am Jun 23, 2009 9:18am
Quoting ozziedave
Hi Glen,

What is the 50 line on your TRIX indicator? Looks like it is drawn in manually. Do you use it in your trading decision?
Dave,

It is probably the QQE you are looking at, not part of the trading system but useful as price alert only.
" Never let the past hold the future to ransom "
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