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EUR/GBP Trendmagic System

  • #3,601
  • Jun 29, 2009 12:40pm Jun 29, 2009 12:40pm
Quoting Fudomyo
I love reading this thread! It's so dramatic!

I have a very simple solution. that could get things back on track here.

I have worked many years in the scientific community and understand very clearly what is involved in a development process. Testing is rigorous, and healthy debate is a corner stone of working out any flaws in a theory.

Tudor Girl, being someone who is supposedly from NASA, should understand this well.

(btw: I must say, it's an absolute marvel that she has the time to maintain a thread, answer mails, develop indicators...

Can't argue with any of that.
I'm also keeping in mind tho' something EdgeTrader has been saying all along and often - regardless of where anything has come from, as traders, use the tools provided if you can and focus on improving your trades, whatever works for you. That is also very sound advice for newbs.

Pardy
  • #3,602
  • Jun 29, 2009 12:50pm Jun 29, 2009 12:50pm
Quoting odysseus11
leledc has made good points and anyone who thinks he is a moron seems to be the true moron to me.

And Edge I dont know what your problem is with leledc, you condescending pompous windbag, but I have taken away much more useful information from his posts here and on other forums than from yours - all u do is post ridiculous screenshots of wonderful repainted charts, trying to act like the pied piper for your newbie flock. Good luck with all that.

Odysseus
Ok newbies, here are a few late session moves from my repainted charts for the flock to graze on.

Will leave it up to you folks as to what you want to do.

You have over 100 trades shown to you over these last couple of weeks. Pretty simple setup, and has good MM already incorporated. You are either here to trade or:

You are here to reap the ridiculous BS of self proclaimed genius people like these two. A whole 37 posts between them, not one trade, not one setup, not one plan, not one thread started and just alot of EA crap just like that of others that has been going on for years here in FF.

Not one EA developed and marketed that is productive, nothing to bring to the table to enhance anyone's trading efforts and claims he has taken away useful information of some manner. As usual, a 'taker' rears their head. Still, even us newbies are bright enough to know that you cannot take something from nothing.

Again, we have no proof of any contribution of any manner, nor can any be offered.

Would rather be seen as a Pied Piper trying to lead, than a Mental Midget masquerading as as cerebral giant. Where are the 'repaired' indi's? Where are the productive ea's? Where are the charts with those fabulous toys actually working in conjunction with PA? Where is a trading plan or method of ANY sort? That's right, nowhere to be found.

In short, you got nothing!
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  • #3,603
  • Jun 29, 2009 12:50pm Jun 29, 2009 12:50pm
Just take a new 11 pips profit. So in less an hour i made 39 pips. Simply look at the 1 hour chart for the trend (long now) en for entry at 1 and 5 min.
  • #3,604
  • Jun 29, 2009 12:51pm Jun 29, 2009 12:51pm
I've read all the posts from many knowledgable traders about the repainting indicators, which change two or more bars back. As someone not being a full time trader, but one who would like to be, I have a question as to specific reason(s) why the repaint is a big issue. My understanding in observing the TG (or other repainting indi) is that it changes the bar or two previous based on increases/cecreases in the price. The more rapidly it is going, the more chance of repainting the bars before it.
If a person trades only after the second or third colored bar, and uses other indicators to confirm the direction of the current trend, I'm at a loss to understand what the problem is? Unless you're tradinh absolutely no indicators whatsoever, you're relying on something in order for you to make that determination of when to pull the trigger. For instance, when the 7 WMA crosses the 14 and the candle turns white and the trix is moving up above zero.
Aren't these indicators all reflective of price movement? The same as the Vorticity Indicator? Some have said the lights could change. Obviously that could happen. But, couldn't the 7 WMA also cross back, and the trix cross back down instead of up?
These are serious questions for people here who apparently have been doing this for several years and have knowledge of many more indicators and their actions than I do.
To summarize....if someone uses the Vorticity and compares it with other indicators for confirmation of price action, how is this any different than the use of any indicator(s) that doesn't repaint?
  • #3,605
  • Jun 29, 2009 12:54pm Jun 29, 2009 12:54pm
Quoting AndresOtero
Hi Edge,

which is your SL for this strategy? i guess it must be the same 10 pips than your TP, right?
Depends on the pair traded. Usually can use a close or clean break of the MA in the opposite direction as a good gage though.
  • #3,606
  • Jun 29, 2009 1:03pm Jun 29, 2009 1:03pm
The only Holy Grail is knowledge, MM and luck. There are so many systems that can be profitable if you gain the knowledge necessary to make educated decisions. What system is best for you? The one that you feel most confident about for your trading style and other characteristics like visual entry and exit rules. I like this system because for me I like the visual confirmation. I have trouble reading some indicators but this for some reason is easy on my eyes and I have been very profitable. Why does it work for me and not others? I don't just jump in because an indicator says so. I have spent a lot of time studying about S/R, VSA, Fibs, moving averages, etc and use that knowledge to pull the trigger then manage the trade. I have been playing around with all time frames and work my way from 5 to 15 to 1hr in managing trades. Here is a trade from the 15 min chart good for 76 pips. I usually have smaller fixed TPs but this one was going my way so I let it run up to the Daily R2.
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The Only Constant Is Change!
  • #3,607
  • Jun 29, 2009 1:04pm Jun 29, 2009 1:04pm
Quoting Edgetrader
Depends on the pair traded. Usually can use a close or clean break of the MA in the opposite direction as a good gage though.
Hi Edge do you have a link or some info of how to set this up please .
Did it work well with todays choppy market?

Thank You
PI
  • #3,608
  • Jun 29, 2009 1:04pm Jun 29, 2009 1:04pm
Quoting Edgetrader
Ok newbies, here are a few late session moves from my repainted charts for the flock to graze on.
Wow, you never shut up, do you?
Did you live near power lines as a kid?

I wish I had time to write novels on here like you obviously do, Mr. Pufferfish, and I do appreciate you being judge, jury and executioner of everyone's value to this thread, while you yourself have proven truly indespensable, a veritable messiah, but I have trading to do. Welcome to my ignore list.
forexfusiondotcom
  • #3,609
  • Edited 1:10pm Jun 29, 2009 1:06pm | Edited 1:10pm
Quoting edgetrader
ok newbies, here are a few late session moves from my repainted charts for the flock to graze on.

Will leave it up to you folks as to what you want to do.

You have over 100 trades shown to you over these last couple of weeks. Pretty simple setup, and has good mm already incorporated. You are either here to trade or:

You are here to reap the ridiculous bs of self proclaimed genius people like these two. A whole 37 posts between them, not one trade, not one setup, not one plan, not one thread started and just alot of ea crap just like that...


answered question. Thanks edge
  • #3,610
  • Jun 29, 2009 1:08pm Jun 29, 2009 1:08pm
Quoting Pardy
.....so also in this thread.

It seems that people do have real difficulty in even trying to understand anothers view - if remotely different to their own actual or perceived wisdom, just bash it or the guy.

If as traders we are supposedly "disciplined and unemotional" why don't we reflect that before we make posts that are often arrogant, and rude.
I have seen recent rude put-downs to some really helpful and accomplished traders/ coders/ people by those who perhaps are unaware of their contributions in other threads, and have simply...
And therein lies the problem. Most of these "CODERS" offer nothing but criticism and alienate those who actually trade, whether new or seasoned. How about they post the actual RESULTS derived by their outlandish and unsubstantiated claims.

If they actually claim to have 'repaired' an indi, why not go test the damn thing themselves instead of wasting traders time who have to go test that very same 'repaired' indi, only to find it is still CRAP!!!

Not a one of them brings something to the TRADING community that has merit. People talk about most traders failing and wonder why? These folks are the answer. A degree in mathematics, or engineering or astrophysics does NOT qualify you as a trader.

So, either they need to develop an indi that is PROVEN more effective than that currently available, or simply stop spewing their unsubstantiated crap.

You have already been provided with a 1H performance review over the weekend.

Not one of these so called geniuses even has the guts to test their junk and provide results.

I suppose that they simply cannot figure out that the MT4 is not suited for such. There, we helped them out yet again. Always the traders wasting time doing that which the fat and lazy will not.
  • #3,611
  • Jun 29, 2009 1:09pm Jun 29, 2009 1:09pm
Quoting AndresOtero
Hi Edge,

I like your simple system, i can see you get a trade when de 7 LWMA crosses 14 LWMA, check the HA candle and trix (3) cross zero line right?
your TP is 10 pips, and your SL is? ...

Reading your posts in this thread I see it looks a succesfull set up for you and I would like you share your whole rules. Once more time i like the simplicity of your system

Sorry for my english
SL is a break of the MA in opposite direction or an opposite signal.
  • #3,612
  • Jun 29, 2009 1:11pm Jun 29, 2009 1:11pm
Quoting odysseus11
Wow, you never shut up, do you?
Did you live near power lines as a kid?

I wish I had time to write novels on here like you obviously do, Mr. Pufferfish, and I do appreciate you being judge, jury and executioner of everyone's value to this thread, while you yourself have proven truly indespensable, a veritable messiah, but I have trading to do. Welcome to my ignore list.
Yeah, of which you have NONE.

Trading has already been done two hours or so ago. Trading late U.S. is indicative of your expertise. Coin toss artist.
  • #3,613
  • Jun 29, 2009 1:15pm Jun 29, 2009 1:15pm
[quote=paradoxical;2837256]I've read all the posts from many knowledgable traders about the repainting indicators, which change two or more bars back. As someone not being a full time trader, but one who would like to be, I have a question as to specific reason(s) why the repaint is a big issue. My understanding in observing the TG (or other repainting indi) is that it changes the bar or two previous based on increases/cecreases in the price. The more rapidly it is going, the more chance of repainting the bars before it.
If a person trades only after the second or third colored bar, and uses other indicators to confirm the direction of the current trend, I'm at a loss to understand what the problem is? Unless you're tradinh absolutely no indicators whatsoever, you're relying on something in order for you to make that determination of when to pull the trigger. For instance, when the 7 WMA crosses the 14 and the candle turns white and the trix is moving up above zero.
Aren't these indicators all reflective of price movement? The same as the Vorticity Indicator? Some have said the lights could change. Obviously that could happen. But, couldn't the 7 WMA also cross back, and the trix cross back down instead of up?
These are serious questions for people here who apparently have been doing this for several years and have knowledge of many more indicators and their actions than I do.
To summarize....if someone uses the Vorticity and compares it with other indicators for confirmation of price action, how is this any different than the use of any indicator(s) that doesn't repaint?[/quote]

Just put them both on a chart and watch them. You are the one who has to decide which works best for you. Some prefer live indi's, others trust those with a tendancy to repaint. Everyone is different.
  • #3,614
  • Edited 1:30pm Jun 29, 2009 1:20pm | Edited 1:30pm
Quoting Edgetrader
And therein lies the problem. Most of these "CODERS" offer nothing but criticism and alienate those who actually trade, whether new or seasoned. How about they post the actual RESULTS derived by their outlandish and unsubstantiated claims.

If they actually claim to have 'repaired' an indi, why not go test the damn thing themselves instead of wasting traders time who have to go test that very same 'repaired' indi, only to find it is still CRAP!!!

Not a one of them brings something to the TRADING community that has merit. People talk about most...
Here is your fucking results...And now i'll leave absolutely from here.Good luck to everyone
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  • #3,615
  • Jun 29, 2009 1:31pm Jun 29, 2009 1:31pm
Now, thats a move from leledc ;D I guess some ppl who made him leave are jealous now. Fact is like Fudomyo mentioned, dont stop people who are contributing in this development process, as it is obvious that this thread is or was in development.

leledc PM me plz.
Please lengthen your message to at least 1 characters.
  • #3,616
  • Jun 29, 2009 1:32pm Jun 29, 2009 1:32pm
Quoting leledc
Here is your fucking results...And now i'll leave absolutely from here.Good luck to everyone

NICE, Fucking Schwein
  • #3,617
  • Jun 29, 2009 1:33pm Jun 29, 2009 1:33pm
....and these results relate to...what exactly?
  • #3,618
  • Jun 29, 2009 1:34pm Jun 29, 2009 1:34pm
Boys. Do grow up. This is not a w..... contest!
  • #3,619
  • Jun 29, 2009 1:43pm Jun 29, 2009 1:43pm
richboy1972 http://www.forexfactory.com/images/s...ser_online.gif
No more trading without SL
Member Since Mar 2009
161 Posts

http://www.forexfactory.com/images/icons/icon1.gif Major-domo
Hi all,
just a note to say that if some one is interested in a free major-domo (an ea that manage manually opened orders, but doesn't open nothing by itself), then I have just released one. Suggestion for improvement welcome.
3 hidden TPs level, hidden SL, fake SL and TP for broker etc.....

Look here: http://www.forexfactory.com/showthread.php?t=171903

Thanks and good pips!
  • #3,620
  • Jun 29, 2009 1:46pm Jun 29, 2009 1:46pm
Quoting leledc
Here is your fucking results...And now i'll leave absolutely from here.Good luck to everyone

Yeah, nice graph. Takes about 30 seconds to make one of these. Will not suffice to appease those who seek account transaction trading verification though.

Still, no plan, no charts, no trades, no working indi's, no methodology, only yet another promise to leave.

Whether the thread survives or not will be due to the efforts of those trying to trade a method or plan though. There are a few good ones here. Not going to hold my breath on a self proclaimed coder adding anything new to trading though. Am still able to substitute EXISTING indi's for anything brought forth to date. WE WILL see.

Love the command of the language though. Alway's been adept at making great toys indeed. Need to bring a little more to the table I think.
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