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EUR/GBP Trendmagic System

  • #3,981
  • Jul 6, 2009 9:16am Jul 6, 2009 9:16am
Quoting AndresOtero
Ok, try by yourself ... waste your time ...
"Repainting" means that the colour of prior bars change, the blue bar in your first chart has not completed, if it changes from red to blue or vice versa multiple times during the current bar, this is not repainting

I am not saying the indicator doesn't repaint as I have not tested it, just that your example does not show repainting

Andy
  • #3,982
  • Jul 6, 2009 9:35am Jul 6, 2009 9:35am
Quoting FX_N00b
Hy tex !

You are a good man and I don't want you to get involved too in this dispute.
I want to give you a little tip (and this is not just for you) - shallow yip has "power" in this thread because we give to him too much attention.
You sow what people like him can do when they have the "power" (verry good people are out from this thread because of those ... frustrated people)
So take my advice and let it be (in your ignore list, of course )

Don't get me wrong, couse I don't want to tell you what to do, but I i think that this...
I fail to see why everyone simply does not put 'sweetpea' on IGNORE.

Has ZERO credibility in ANY thread. He has already been informed by the trading community as to his ignorance. It is now well known this is a seventeen year old H.S. student. Why bother.
  • #3,983
  • Jul 6, 2009 9:42am Jul 6, 2009 9:42am
Tex,

I like the clean cut and organized way your chart looks. One glance and you immediately get what´s going on.

:-)
  • #3,984
  • Jul 6, 2009 9:54am Jul 6, 2009 9:54am
Quoting SwingMan
I tried to explain the repainting, but you discuss completely other things.
- Looking only past periods is false.
Load please the two indis in a 1min Chart. Then wait 5-10 minutes. Then load the same indis in the same chart. If the shapes differ then we have repainting, if not we haven't repainting, that's all. THIS IS THE PROOF for the practice.

- I don't know the TG PotentialStrength indicator, maybe can you give a link, or post the indi.
If you assert that the two indis differ from the TGPS, is identical to claim that they differ from...
I don't seen any repainting on either one. I waited about 20 mins before attaching second copy of these indicators.
Attached Image (click to enlarge)
Click to Enlarge Name: swingman 2.JPG Size: 193 KB
  • #3,985
  • Jul 6, 2009 10:11am Jul 6, 2009 10:11am
Quoting Edgetrader
I fail to see why everyone simply does not put 'sweetpea' on IGNORE.

Has ZERO credibility in ANY thread. He has already been informed by the trading community as to his ignorance. It is now well known this is a seventeen year old H.S. student. Why bother.

Exactly !

Edge is one of those who tryed to show us, several times till now, that we have to trade and not to take into consideration any ... fake traders.

Don't lose time with useless disputes, the market is the real "enemy" here

So let's move on with this thread, we have to make some pips here !

TG, Paulus, Edge, Kosmolate, Gleneagles, golden1, goldsurfer, affandiz, guys, bring back those days with 6 pages of posts where I (and I am sure that I am not the only one) have learned a lot of things !

Hope that we can get over it and do what's best for US.

Sorry if I am so pushy but I don't like to see this thread ded.
Think about it ...
  • #3,986
  • Jul 6, 2009 10:49am Jul 6, 2009 10:49am
Here is a modified chart shot of 5m scalping. Nothing more than a primer and trigger.

HA candles only and a 2,1,false,1500 trix.

The 'dot' is still a work in progress so please do not ask about it.

Regards.
Attached Image (click to enlarge)
Click to Enlarge Name: 5m.jpg Size: 134 KB
  • #3,987
  • Edited 3:09pm Jul 6, 2009 11:07am | Edited 3:09pm
Hei Tex, send me email to milvex at yahoo com.

I cant pm

I would like to ask and share something (I can't pm)

Quoting tex
When u look at the screenshot u can see that the other sells were before the start of London session. I never trade before London its not my time that early in the morning.
U want to see a break even trade or even a loss trade ? No problem - ill post one next time. No system is perfect and losing is part of the game.
To me the goal is to take more good trades than bad ones when the trading day ends.
My daily piptarget is +30P. This IS possible with these indicators. The rest goes in good moneymanagement and DISCIPLINE..
  • #3,988
  • Jul 6, 2009 11:32am Jul 6, 2009 11:32am
Quoting Angler
Hi all....

Just wonder if those using Renko charts actually understand how they work...

Unless your using tick charts the price could spike 50pips and return and the Renko will not show it....so looking back on a Renko chart does not tell you the whole story of what the price has been doing....its a very filtered indicator...similar to Point & Figure..
You just hit the Renko nail on the head. A smart fellow on the Tradestation forum has coded renko with wicks, to show the true price range of the bar.
  • #3,989
  • Jul 6, 2009 11:54am Jul 6, 2009 11:54am
Quoting Edgetrader
Here is a modified chart shot of 5m scalping. Nothing more than a primer and trigger.

HA candles only and a 2,1,false,1500 trix.

The 'dot' is still a work in progress so please do not ask about it.

Regards.
Hi Edge

Do you mean that HH color change is primer and cross of trix as trigger. If yes then what about SL.
Make money Not pips
  • #3,990
  • Jul 6, 2009 12:02pm Jul 6, 2009 12:02pm
Quoting balle1973
Hi Edge

Do you mean that HH color change is primer and cross of trix as trigger. If yes then what about SL.
Working on a good SL.

Probably will stick with the old WMA or an ATR figure. Will advise on Tuesday.
  • #3,991
  • Jul 6, 2009 1:08pm Jul 6, 2009 1:08pm
Hi, SwingMan. I used smSwingman Vorticity on M5 charts of GBPUSD, EURGBP, and EURJPY this afternoon, and it doesn't repaint. So I think that you are correct.

Quoting SwingMan
I tried to explain the repainting, but you discuss completely other things.
- Looking only past periods is false.
Load please the two indis in a 1min Chart. Then wait 5-10 minutes. Then load the same indis in the same chart. If the shapes differ then we have repainting, if not we haven't repainting, that's all. THIS IS THE PROOF for the practice.
  • #3,992
  • Jul 6, 2009 1:17pm Jul 6, 2009 1:17pm
Hello all,

Original rules, original indicators
For those who doubt the system see it again

GU +40 green pips

kos
Attached Image (click to enlarge)
Click to Enlarge Name: gujuly.gif Size: 20 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,993
  • Jul 6, 2009 1:22pm Jul 6, 2009 1:22pm
Sorry to get in the swingman vorticity repaint debate but I am watching it on a 1 minute chart right now and it definately repaints. In fact I see bars as far back as 6 candles changing colors.
  • #3,994
  • Jul 6, 2009 1:23pm Jul 6, 2009 1:23pm
Great post, Kosomolate. Positive, encouraging, on-topic, ....

Thank you.

Quoting Kosomolate
Hello all,

Original rules, original indicators
For those who doubt the system see it again

GU +40 green pips

kos
  • #3,995
  • Jul 6, 2009 1:26pm Jul 6, 2009 1:26pm
It repaints. I have followed on e/u on 5min chart since he posted it, and repaints big time.
  • #3,996
  • Jul 6, 2009 1:30pm Jul 6, 2009 1:30pm
Original rules original indies as traded by Paulus

EU +95 green fresh pips

For the doubtful ones ask any question concerning the trades I will answer u


TOTAL FOR THE DAY: +135 sweet pips

kos
Attached Image (click to enlarge)
Click to Enlarge Name: eujuly.gif Size: 22 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,997
  • Jul 6, 2009 1:38pm Jul 6, 2009 1:38pm
sorry for the mixed up charts

EU = +40
GU = +95

TOTAL = +135 cool pips

Real money

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #3,998
  • Edited 1:56pm Jul 6, 2009 1:38pm | Edited 1:56pm
Testing the strat. on H1 chart using TRIX: 3, 0, false, 1500. All colors are set to None except for color 5. This will give you a histogram version of TRIX. Also using HG_0001a.

From my observation you get less whipsaw/noise and stay in the trade longer, swing trading with this setup.

@ SwingMan

I know your busy, but can you make a change to the TRIX indicator so that when the histogram is below zero the bars are red and above zero the bars are green.

Thanks in advance,

TimeFreedom
Attached Image (click to enlarge)
Click to Enlarge Name: trendmagic_07-06-09_01.gif Size: 19 KB
Attached File(s)
File Type: mq4 TRIX.mq4   5 KB | 713 downloads
  • #3,999
  • Jul 6, 2009 1:51pm Jul 6, 2009 1:51pm
SwingMan, I really like your smFisherTransform3 indicator. . But it does repaint somewhat .... see the attached screen shots, the first was taken in real time, the second one taken after re-imposing the indicator template.

Is there any way you can avoid (or minimise) the repainting so that the shape of the histogram (shape and relative height of bars) in real time is closer to its shape after the indicator template is re-imposed? That would be very useful.

Regards, richard.

Quoting SwingMan
Indicator updated: smFisherTransform3

Sory @paradoxical, the bug with the alert comes from swissly, not from me...!

I studied a similar system with edgetrader.
My FT version has the advantage that the colour changes comes 2-3 bars earlier as in edgetrader's version (EdFT).
If so, which means that if you take a signal on the third bar after changing colours, you must have a better signal as EdFT!
The EdFT indicator can still change the color, but my indicator has already changed.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: sm Vorticity - 1.png Size: 37 KB
Click to Enlarge Name: sm Vorticity - 2.png Size: 35 KB
  • #4,000
  • Jul 6, 2009 1:52pm Jul 6, 2009 1:52pm
Quoting jtrade
.. but, Andy, Mr Yip has done me a favour : I just worked out how to use the Ignore function.. and his posts have VANISHED ...
Thanks J. Didn't realise it was that painless to remove such a big asshole from my life.
Suggest everyone do the same and add marlow yip to their ignore list and better still resist the urge to respond to him like I did.

Twee, could you not just ban or suspend him. You will loose punters if he is allowed to continue.
Anyway onwards and upwards.
Took eurusd short this morning for my 20 at 1.3970. Some big points for those trailing stops with nice steps down.
Andy
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