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EUR/GBP Trendmagic System

  • #3,901
  • Jul 4, 2009 9:12pm Jul 4, 2009 9:12pm
What is wrong with you guys? Seems like some people on this thread are still 12 or something.

If you can't say something nice, don't say anything at all. That is the one bad thing about Forex Factor; is that we have so many people on this site that love tearing other people down.

How about if you don't like someone's system, add something constructive or hold your tongue.
  • #3,902
  • Jul 4, 2009 11:55pm Jul 4, 2009 11:55pm
Hey this thread is better than those soap operas on American TV....
At least this tread isn't dead........
Take the good with the bad, & lets keep on trading.......
  • #3,903
  • Jul 5, 2009 12:03am Jul 5, 2009 12:03am
Hi folks:
Never thought I'd say this but this is the last bunch of insults I want to listen to. How do you put someone on the ignore list, it seems the easy thing to do, everyone just put the trouble makers on ignore and let's get back to finding out how to make pips. Anyone's help would be appreciated.

JIm
  • #3,904
  • Jul 5, 2009 12:17am Jul 5, 2009 12:17am
Quoting redhouse
Please don't do it, edge. Let it go.
Sorry, just have a passion for trading and a strong contempt for the galactically stupid that will not even challenge themselves to at least try something before pronouncing sentence on it.

Is obviously a shortcoming, very akin to a bad vice, that has been with me a long time. While it detours from the threads purpose, that being using simplicity to gain a perceived trading edge, I simply cannot promise anyone that I will not respond to those whom interfer with the goals.

I can handle being put on anyone's ignore list as it has happened in the past. In the end, if Marlow will at least show the fortitude to keep his word, it will be worth the bantering.

Happy 4th. God Bless America!
  • #3,905
  • Jul 5, 2009 12:24am Jul 5, 2009 12:24am
Quoting Edgetrader
Sorry, just have a passion for trading and a strong contempt for the galactically stupid that will not even challenge themselves to at least try something before pronouncing sentence on it.

Is obviously a shortcoming, very akin to a bad vice, that has been with me a long time. While it detours from the threads purpose, that being using simplicity to gain a perceived trading edge, I simply cannot promise anyone that I will not respond to those whom interfer with the goals.

I can handle being put on anyone's ignore list as it has happened in the...
No edge, you're the last person I would put on ignore. Trying to mute the other idiot, just never used it before, but I think Marlow is going to force me to learn,

Jim
  • #3,906
  • Jul 5, 2009 12:57am Jul 5, 2009 12:57am
Yes, belated very Happy 4th of July to all, & God bless America.

Seen some great fireworks tonight, non-thread related. LOL...
To get back on piping subjects a little bit:
What are your favorite indicators to alert you of a major trend change on the 1hr or 4hr charts when monitoring multiple pairs? Does it have pop up & sound alarms?

Open ended question anyone can answers, please....?

Which one/ones gives you the earliest most accurate alerts and helps you get a good chunk of pips out of the middle of the trend, as the founder of this entertaining & educational thread likes to go after?
  • #3,907
  • Jul 5, 2009 1:34am Jul 5, 2009 1:34am
Guys,

for those of you who use Ninjatrader (which is free) there are Renko charts available. Go to http://www.fin-alg.com/renkobars.html and follow their instructions on how to set them up. I´ve been with them for quite a while and actually pretty satisfied.

Those who are new to Ninjatrader...there are free datafeed options with e.g. Zenfire as well as Gain Forex.

:-)
  • #3,908
  • Jul 5, 2009 6:52am Jul 5, 2009 6:52am
Quoting 45Fxguy
Hey this thread is better than those soap operas on American TV....
At least this tread isn't dead........
Take the good with the bad, & lets keep on trading.......

I have to confess that I tend to come here to read the drama which really doesn't say much about my ethics.
  • #3,909
  • Jul 5, 2009 6:53am Jul 5, 2009 6:53am
Quoting bigjim1958
Hi folks:
Never thought I'd say this but this is the last bunch of insults I want to listen to. How do you put someone on the ignore list, it seems the easy thing to do, everyone just put the trouble makers on ignore and let's get back to finding out how to make pips. Anyone's help would be appreciated.

JIm

Hmmm...I could have sworn that I made the same suggestion 3 weeks ago!
  • #3,910
  • Jul 5, 2009 7:10am Jul 5, 2009 7:10am
Quoting Edgetrader
Sorry, just have a passion for trading and a strong contempt for the galactically stupid that will not even challenge themselves to at least try something before pronouncing sentence on it.

Is obviously a shortcoming, very akin to a bad vice, that has been with me a long time. While it detours from the threads purpose, that being using simplicity to gain a perceived trading edge, I simply cannot promise anyone that I will not respond to those whom interfer with the goals.

I can handle being put on anyone's ignore list as it has happened in the...

Edge, I have to admit that you're very good at arguing.
  • #3,911
  • Jul 5, 2009 8:32am Jul 5, 2009 8:32am
so whats going on with this thread now? is it basically dead?
  • #3,912
  • Edited 8:54am Jul 5, 2009 8:53am | Edited 8:54am
Quoting notch
Edge, I have to admit that you're very good at arguing.
Geez, I wish I was supposedly as good at just keeping some people focused on trading. I do not even care how or what method anymore, just focus on being proficient and competent in trading one single method at a time.

While I tend to verbally spar with anyone at a drop of the hat, I have also learned something valuable during this threads lifetime.

I have been working at scalping for a long time. It seems that the 15m, 30m, and 1H, when using my exact same minimal signals, are quite adept at providing a few pips here and there. The 3,1,false Trix indi is lagging a bit the higher the TF I study, but am looking for a trigger mechanism I can live with there also.

Am working with MOMENTUM at this date and seems promising. Simply cannot go with sticking with a trade in any TF for very long, however, as a trader yourself, I am sure you can dig into your tool chest and pull out a copy of the "POWER of TEN" in spreadsheet format. That little gem really seems to qualify the financial rewards possible with an effective scalping methodology.

Anyway's, back to the laboratory.

Regards.
  • #3,913
  • Jul 5, 2009 10:03am Jul 5, 2009 10:03am
Hi EDGE,

How did your scalping method perform this week. did you make any improvements to it.
  • #3,914
  • Jul 5, 2009 10:16am Jul 5, 2009 10:16am
Quoting ukcool
Hi EDGE,

How did your scalping method perform this week. did you make any improvements to it.
Did not do alot of scalping at all this week. Spent time looking at 1H trading on another forum.

As for improvements to the 5M plan, I doubt I would change anything to it as overall it works pretty well as set. I never trade on NFP Fridays as a general rule and am very cautious of holiday trading as well.

As such, this was a good week to look at other potential developments.
  • #3,915
  • Jul 5, 2009 10:20am Jul 5, 2009 10:20am
I was referring to in the indicators settings, under levels tab
enter 1 and -1 and you can see those levels on your chart
and how my suggestion can easily take care of staying out
of many whipsaw trades.

Brian

Quoting terminex
Golden
Have forward tested the FT not quite sure where the +1 0r -1 is to be found. Could you elaborate please?

thanks.
  • #3,916
  • Jul 5, 2009 10:41am Jul 5, 2009 10:41am
For anybody who wants free renko charts install VTtrader 2.0 and you got them
  • #3,917
  • Jul 5, 2009 12:32pm Jul 5, 2009 12:32pm
Quoting Edgetrader
Geez, I wish I was supposedly as good at just keeping some people focused on trading. I do not even care how or what method anymore, just focus on being proficient and competent in trading one single method at a time.

While I tend to verbally spar with anyone at a drop of the hat, I have also learned something valuable during this threads lifetime.

I have been working at scalping for a long time. It seems that the 15m, 30m, and 1H, when using my exact same minimal signals, are quite adept at providing a few pips here and there. The 3,1,false...

Scalping is a good method but most folks can't master it because it requires mastery of oneself. I respect your method!
  • #3,918
  • Jul 5, 2009 12:35pm Jul 5, 2009 12:35pm
Quoting notch
Scalping is a good method but most folks can't master it because it requires mastery of oneself. I respect your method!
Outstanding observation there 'N'.
  • #3,919
  • Jul 5, 2009 1:10pm Jul 5, 2009 1:10pm

Who would like to test a new indicator: the slope (gradient) of the Hull average.
If the differences H[0]-H[1] increase, the gradient is positiv and signalise early a trend change.

The histogrames indicates retracements in trend.
.

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy_h1.gif Size: 13 KB
Attached Image
Attached File(s)
File Type: mq4 smHullSlope v4.mq4   6 KB | 859 downloads
File Type: mq4 BB_Squeeze_Advanced_v2.mq4   14 KB | 883 downloads
  • #3,920
  • Jul 5, 2009 1:44pm Jul 5, 2009 1:44pm
Hi guys and girls.
I made some test using Trendmagic (Blue and Red line) and correct CCI (lime and magenta line) and here are the results.
TrendMagic acted really weirdly :-(

[IMG]http://img188.imageshack.us/img188/5284/tmagic.png http://img188.imageshack.us/img188/t...png/1/w771.png[/IMG]

When someone have metatrader renko script/indicator then please pm me your email, because i would like to test correct CCI on that chart and see the difference between time and range.
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