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EUR/GBP Trendmagic System

  • #3,681
  • Jun 30, 2009 6:07am Jun 30, 2009 6:07am
OB is 0.0002 and OS is -0.0002 on the THV Trix

If the levels disappear on your screen just reload your
template quickly to reload them when needed

You can also add these levels yourself in the indicator levels, Cobra
says it will be fixed in the next release so it doesnt disappear at times (the ob/os levels)

Brian

Quoting stunna29
Hey Golden when do you consider the trix to be in an ob/os level?.
  • #3,682
  • Jun 30, 2009 6:11am Jun 30, 2009 6:11am
Quoting Musashi
Sorry mate that doesn't make one ounce of sense.

You can forward test all you want. You might forward test for a whole year. You can test a strategy in a backtest in a few minutes.

Once you are happy with past performance then it is the time to forward test a strategy.

Not the other way around. Forward testing is important. Backtesting is just important if not more important.

Sorry.

Anyone who says backtesting is useless is stupid imo.
Dude,

I tried to be respectful to you. Go ahead play your backtest strategy making monopoly money or lose your monopoly money. I chose to test systems my own way. That does not make me stupid. Do me a favor, grow up, when you decide to be rid of the personal attacks, come talk to me about your fake money.

Later

Lohad
  • #3,683
  • Jun 30, 2009 6:32am Jun 30, 2009 6:32am
Quoting lohad
Dude,

I tried to be respectful to you. Go ahead play your backtest strategy making monopoly money or lose your monopoly money. I chose to test systems my own way. That does not make me stupid. Do me a favor, grow up, when you decide to be rid of the personal attacks, come talk to me about your fake money.

Later

Lohad
I'm not trying to attack you personally. It's a fact mate.
  • #3,684
  • Jun 30, 2009 6:37am Jun 30, 2009 6:37am
Quoting lohad
Dude,

I tried to be respectful to you. Go ahead play your backtest strategy making monopoly money or lose your monopoly money. I chose to test systems my own way. That does not make me stupid. Do me a favor, grow up, when you decide to be rid of the personal attacks, come talk to me about your fake money.

Later

Lohad

Musashi , Lohad: There's is no point in us throwing insults.

Backtesting has nothing to do with monopoly money but rather establishing some basic metrics such as expectancy, consecutive losses, drawdown etc etc etc.

Seriously, Lohad you refer to backtesting as though the discussion is about paper-trading. Automated backtesting can take as little as seconds to hours. But each to their own but I'm feel comfort by employing the testing techniques used by the trading Industry.
  • #3,685
  • Jun 30, 2009 6:37am Jun 30, 2009 6:37am
Quoting Musashi
I'm not trying to attack you personally. It's a fact mate.
Sounds good. Well agree to disagree. How you test your stuff has no effect on my trading account.

Lohad
  • #3,686
  • Jun 30, 2009 6:40am Jun 30, 2009 6:40am
Quoting lohad
Sounds good. Well agree to disagree. How you test your stuff has no effect on my trading account.

Lohad
Very interesting emotional thread Nobody is speaking about the original system any more. Soon somebody for sure starts discussing sth like if Elvis is really dead or how to save the rain forests
Indrek
  • #3,687
  • Jun 30, 2009 6:47am Jun 30, 2009 6:47am
Quoting Indrek
Very interesting emotional thread Nobody is speaking about the original system any more. Soon somebody for sure starts discussing sth like if Elvis is really dead or how to save the rain forests
Indrek
I hear ya Indrek,

This thread is like a crash on the highway and all the people are stopping by rubbernecking. I should get out of the way. :0

Backtesting theory discussion is over. For me at least. Should have never made the initial comment. Sorry guys.

Lohad
  • #3,688
  • Jun 30, 2009 6:55am Jun 30, 2009 6:55am
this thread should be closed. it is a disgrace for FF.
meine augen sind die sterne
  • #3,689
  • Edited 7:39am Jun 30, 2009 7:23am | Edited 7:39am
No, some members must be banned for this threat
  • #3,690
  • Jun 30, 2009 7:30am Jun 30, 2009 7:30am
Quoting Thierry
No, some members must me banned for this threat
I think that closing the thread would be right thing to do. Erasing some members would not help because the main idea of the thread was lost long time ago and nobody seems to be willing to pick it up again.
Indrek
  • #3,691
  • Jun 30, 2009 7:39am Jun 30, 2009 7:39am
This thread is dead! It's time to unsubscribe.
  • #3,692
  • Jun 30, 2009 7:42am Jun 30, 2009 7:42am
If you are done here, its ok just move on

There a couple of traders using the original method and
I am as well, but awaiting word from Gleneagles on
more data from his thorough testing period and time
frame information. Anyway, there are people still
contributing... the complainers will be going away
soon as less hectic traffic hits this thread and they
become bored.

Brian
  • #3,693
  • Jun 30, 2009 7:42am Jun 30, 2009 7:42am
Hi Folks:
Here's a thought to bring this thread back to it's glory, if anyone is using Paulus' original set up or using TG original indicator, would they be kind enough to post and give us some idea of how things are going? If they showed profit, with some examples, hopefully not just cherry picking good trades, bad ones too, maybe the thread could get back of track. Just my 2 cents, thought it might help.

Jim
  • #3,694
  • Jun 30, 2009 7:48am Jun 30, 2009 7:48am
Quoting golden1
If you are done here, its ok just move on

There a couple of traders using the original method and
I am as well, but awaiting word from Gleneagles on
more data from his thorough testing period and time
frame information. Anyway, there are people still
contributing... the complainers will be going away
soon as less hectic traffic hits this thread and they
become bored.

Brian
Was looking forward to that info myself, but Gleneagles posted that he is through with this thread. Can't really blame him.

Most of the serious contributors here don't want the bother of dealing with the trolls.
  • #3,695
  • Jun 30, 2009 7:50am Jun 30, 2009 7:50am
Backtest, forward test, test, test, test, test, test, test, test, test.

Always testing, never trading. Can lead a horse to water but can't make him drink.

Three separate plans within the thread and still some people ask for the setup.

Might start a thread on scalping with a plan. Not sure. To much 'indi envy' here now and absolutely no focus at all.

Try trading a method, ANY method.

Regards.
  • #3,696
  • Jun 30, 2009 7:59am Jun 30, 2009 7:59am
Wish you would start a thread, Edge. Personally, I can get off track easily after a while and get lost.

A thread dedicated to a single time frame, technique would be beneficial to many here. Know it would help me, provided everyone doesn't go off in several different directions.
  • #3,697
  • Jun 30, 2009 8:02am Jun 30, 2009 8:02am
i trading edge 5min scalp method on eu and gu. up 20 pips. gunna switch off and get in the sun for a bit. lovin this method but still get worried when it goes against me as havnt decided at what level i am prepaired to end trade. Hope the thread calms down as it getting that i cant be bothered to read it anymore.
  • #3,698
  • Jun 30, 2009 8:09am Jun 30, 2009 8:09am
hey guys, please, we need to focus again and stop arguing, we all have a common goal.

I went long on usdjpy, after it touched the daily pivot, with vorticity as confirmation for the trade.
I know that vorticity repaints, but on h1 its not that much of a matter, because most often on h1 if it changes colour, it will stay for more than 3 bars. I also only enter, when I have a pivot near the entry as my stop loss.

I am testing this with a real account, though its not much money, 600 euro, I am risking 1-2 % with each trade, trying to keep my stop loss small and behind a pivot. Not entering too many trades yet. have 3% roi right now, and3 moved the stop to break even.

tudorgirl, I put another vorticity on my chart, and the pattern looks different, the refreshed vorticity has a bullish bar one period later. do you know why this happens?
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.gif Size: 41 KB
  • #3,699
  • Jun 30, 2009 8:09am Jun 30, 2009 8:09am
Excellent idea Edge, I wish you could start soon. I went silently through this thread, quite fascinating but things got a bit on the wayside.. too bad for patient people like you. I only do forward testing and a bit of modest trading, win at times, loses at times; it is a way to learn!
Thanks for what you provide us with.
  • #3,700
  • Jun 30, 2009 8:11am Jun 30, 2009 8:11am
Hi Edge
What a good idea. Just start a new thread with a simple scalping strategy
based on what you have been talking about here, I think you would find
quite a few of us would be very interested in learning how to trade a scalping system with you. All the bickering, mud slinging and sometimes really bad swearing on this thread would seem to me it is time to move on.
Kind Regards
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