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EUR/GBP Trendmagic System

  • #4,021
  • Jul 6, 2009 5:39pm Jul 6, 2009 5:39pm
Quoting SwingMan
Here the indicator for you .
.
Very good looking indi here s-man.

Thx for your efforts. It matches 100% with the live trix I am using.

Will see what Tuesday shows.

Regards.
  • #4,022
  • Edited 7:51pm Jul 6, 2009 7:00pm | Edited 7:51pm
Hi swingman:unfortunately your indi repaints the past:attached the strategy tester...i attach the version of the indi fixed:it doesn't repaint the past but it is less fast...Bye and thanks for your work
P.s. I have another version that repaint always one bar and it is very fast: but i'm observing it for now
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 22 KB
Attached File(s)
File Type: mq4 smSwingMan Vorticity fixed.mq4   4 KB | 1,513 downloads
  • #4,023
  • Jul 6, 2009 7:33pm Jul 6, 2009 7:33pm
Quoting SwingMan
Here the indicator for you .
.

Please could you make the MTF of the smTrix indicator?
Thanks
  • #4,024
  • Edited 8:50pm Jul 6, 2009 8:13pm | Edited 8:50pm
SwingMan:
Thank you very much for your work.
I have a situation with the smHullSlope 4 and 5.
Ver 4 repaints. Ver 5 doesn't.
However, when you first open a chart or add the indicator to your current chart, both show the same information in terms of colors and bars.
This makes me think that what you SEE once you open a chart with ver 5, even if it doesn't repaint, that first look is "repainted" or "ideal".
This makes it imposible to use it for back-testing. Is this correct?

In other words, I can't back-test using ver 5. I can only wait for it to paint and after some hours, see the result.

Is this correct?
Thank you.
  • #4,025
  • Jul 6, 2009 8:21pm Jul 6, 2009 8:21pm
Hey Edge, keep up the good work you are doing here..because of you alot of us are better trader..one question,how do you calulate the ATR for a trade?..forgive me if this questions sound alittle crazy.
Quoting Edgetrader
Nope, they are simply late as noticed.

Even as late as I was on the short, it only missed +15 by 2 pips. Atr was at +26 at that time so had some breathing room. Just mucked up the trade is all.

Regards.
  • #4,026
  • Jul 6, 2009 8:28pm Jul 6, 2009 8:28pm
Quoting stunna29
Hey Edge, keep up the good work you are doing here..because of you alot of us are better trader..one question,how do you calulate the ATR for a trade?..forgive me if this questions sound alittle crazy.
Good question young man. I dont think edge really knows that answer so you might search FF for the correct answer. Thank you my son. Now go get'em Tiger.
Market Makers are the best
  • #4,027
  • Jul 6, 2009 8:59pm Jul 6, 2009 8:59pm
Quoting Kosomolate
Hi redhouse

look @ my chart, the blue box is Asian session I dont trade within that box. I start looking for trade set up from when the box stops painting i.e. UK open through NY session

I watch only EU, GU and EG
Daily target = 100 pips
SL is previous high / low if its not too close
TP is until I am stopped out by SL

once I get my target for the day I close my chart I dont care what happens again on the charts for that day

Once I hit SL 3 times on a row, thats it for the day

Hope I am informative

thanks

kos...
Hi Kos:
Thanks for posting the charts with the original rules showing profit. A question though, the FF calendar has a 2 hour overlap with the Asian session ending at 5 A.M. EST and the London session starting at 3A.M Est. My question is do you wait for the close of Asian session to start to trade?
Thanks for everything and please check you PM if you would.

Jim
  • #4,028
  • Jul 6, 2009 9:12pm Jul 6, 2009 9:12pm
Quoting Marlow Yip
Good question young man. I dont think edge really knows that answer so you might search FF for the correct answer. Thank you my son. Now go get'em Tiger.
I think Edge knows this one

Top of your chart, click Insert---> Indicators--->Average True Range

There you are young man!

Cheers
  • #4,029
  • Jul 6, 2009 10:00pm Jul 6, 2009 10:00pm
Quoting goldsurfer
I think Edge knows this one

Top of your chart, click Insert---> Indicators--->Average True Range

There you are young man!

Cheers
Originally Posted by Marlow Yip http://www.forexfactory.com/images/buttons/viewpost.gif
Good question young man. I dont think

From the mouths of babes! Far as 'sweetpea' needed to go here. Do have to admire the tenacity of the mentally challenged though. His cleaning contracting company must have finished potty patrol early today. Time enough to throw a few 20 lots trades in with his buddies too?
  • #4,030
  • Jul 6, 2009 11:55pm Jul 6, 2009 11:55pm
Edge,
Your staying power here on this thread is to be commended.
Ol' Yipper was put on my ignore list mos-cosh, without delay. I use it extensively here on th FF. Helps keep my attention where it belongs...adapting, testing, implementing new trade ideas that appear to have merit. Disregarding those that do not pan out.

Really appreciate that Paulus, Anne, yourself, SwingMan, to name just a few of those that have contributed so much of their time and guidance.
Granted, it must be frustrating at times. There are those here that do pickup what you put down.
Like the using of the Trix and 14WMA in tandem.
Also, SwingMan puting an alert and new twist to the Vorticity indy. Very useful stuff.
I've included a layout of my current trade setup.
Notice how the Trix period_2 and Trix period_3 cross at extreme exhaustion. This tends to setup a warning of possible change in the direction of the PA. It can set up a small Counter Trend Trade or reversal.
When they cross near their zero lines it very often coinsides with 14WMA for PA direction. Kinda of a heads up.
SwingMan Vorticity helps keep the trade direction intune with the HA.
For the SL, I am testing 5-7 pips if I take the trade as price crosses the 14WMA.
I'll be testing this out in the New York and Asia sessions for the rest of this week.
So far it seems very promising.
Thanks again for your support and efforts to help others learn this trading biz.
Cliff


Quoting Edgetrader
Originally Posted by Marlow Yip http://www.forexfactory.com/images/buttons/viewpost.gif
Good question young man. I dont think

From the mouths of babes! Far as 'sweetpea' needed to go here. Do have to admire the tenacity of the mentally challenged though. His cleaning contracting company must have finished potty patrol early today. Time enough to throw a few 20 lots trades in with his buddies too?
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Edgetrader EURUSD.gif Size: 67 KB
Click to Enlarge Name: Edgetrader GBPUSD.gif Size: 69 KB
I get exercise just pushing my luck
  • #4,031
  • Jul 7, 2009 12:54am Jul 7, 2009 12:54am
Quoting Kosomolate
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

Hy Kos !


I watched your charts and I have one question:

How do you pick up your entryes ?

I mean, in the EU chart M5, M15 and M30 were all red for about 10 candles or something like that… but you didn’t get into the trade then , but much later…
How do you choose your entry point ? Do you use PA activity, other tools (pivots,R/S… H/L) ?

This entry point is verry important and I think that’s why just a few guys from this thread are using the original system.


Thank you !

  • #4,032
  • Jul 7, 2009 1:18am Jul 7, 2009 1:18am
Ok class. Well kids it looks like we must modify our lovely system. Edgetrader is really mad and upset that his system isnt working. Sorry Edgeman. Anyway, I have a new indicator coming soon. You see its really easy and I think we all can make about 1000 pips per week no problem. Even bank traders for Barclays is interested. So there are rules for this new and exciting system.

Rule #1- Wait for the ball to turn blue
Rule#2- This signals a BUY!!!!! So, BUY!!!!!
then the exit strategy is when the ball turns red. If the ball
turns red then reverse the position and SELL!!! SELL!!!SELL!!!
then wait for the ball to turn blue then start over.

If you follow these simple rules you will make about 1000 pips this week and every week.

If you have any questions feel free to post them and I will be sure to tell you if it is a blue ball or a red ball and what to do in those confusing situations. OK kiddos sweet dreams.
Market Makers are the best
  • #4,033
  • Jul 7, 2009 1:24am Jul 7, 2009 1:24am
Quoting leledc
Hi swingman:unfortunately your indi repaints the past:attached the strategy tester

I have to give up after looking statements. In my chart, there is no repainting.
.

Attached Image (click to enlarge)
Click to Enlarge Name: vortieurusd.gif Size: 12 KB
  • #4,034
  • Jul 7, 2009 1:29am Jul 7, 2009 1:29am
I dont know if this will explain the entry question. As soon as that box stops painting the Asian session, I check the TM, HG_0001a and HG_0001a mtf and if the criteria for entry is met I just open a trade with my SL in the previous High // Low

then I trail it according to the rules thats all

this is GU now +22 pips up, see U later to show you how it all went

I hope this helps

kos
Attached Image (click to enlarge)
Click to Enlarge Name: gustart6th.gif Size: 27 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #4,035
  • Jul 7, 2009 1:34am Jul 7, 2009 1:34am
this is the entry on EU too +33 pips as I type this

Same rules, same indies 5min TF

See you later with how it all ends

Kos
Attached Image (click to enlarge)
Click to Enlarge Name: eustart6th.gif Size: 25 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #4,036
  • Jul 7, 2009 1:40am Jul 7, 2009 1:40am
Swingman,

It does repaint. Two charts below to illustrate.

The doji bar is closed, and is the first blue box on the indicator, so that blue box, and the red prior, should be locked in and unchanging.

Next chart shows that on the close of the following bar, the last red box changed to blue.

These changes are happening on closed bars - hence, repainting.

Thanks...

Quoting SwingMan

I have to give up after looking statements. In my chart, there is no repainting.
.

Attached Image(s) (click to enlarge)
Click to Enlarge Name: t1.gif Size: 8 KB
Click to Enlarge Name: t2.gif Size: 8 KB
  • #4,037
  • Jul 7, 2009 1:45am Jul 7, 2009 1:45am
Those who want to see trades

HAVE THIS FOR BREAKFAST,

I dont know which Time zone you are I am in GMT +1 and its 8am here.

and let your heartache increase

look at the 2 last rows the enrty time and look at my charts EU, GU

kos
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 45 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #4,038
  • Jul 7, 2009 1:56am Jul 7, 2009 1:56am
Could someone pls tell me how to get dots on my vort and not just solid blocks of colour -thanks. And sorry for the silly question
  • #4,039
  • Jul 7, 2009 1:58am Jul 7, 2009 1:58am
Quoting Kosomolate
Those who want to see trades

HAVE THIS FOR BREAKFAST,

I dont know which Time zone you are I am in GMT +1 and its 8am here.

and let your heartache increase

look at the 2 last rows the enrty time and look at my charts EU, GU

kos
With all sincerity thanks. I’m really looking for a long term statement. I say this because I have tried and tested this system. I know its great at finding the trends, but the choppy sessions take it all back. Again, I would love someone to prove me wrong and say here Shallow Yip in your face. Here is my statement. If someone could do that then I would be really interested of course. This is not the case and I believe in the LONG RUN this sort of system doesn’t work. Ask Edge if he trades this system and he will tell you he doesn’t. It truly doesn’t work. I can post a statement with 5-10 wins in a row week after week, but its always the chop that kills it.
Market Makers are the best
  • #4,040
  • Jul 7, 2009 2:00am Jul 7, 2009 2:00am
Quoting gillybabe
Could someone pls tell me how to get dots on my vort and not just solid blocks of colour -thanks. And sorry for the silly question

Wing Ding 108 sunshine! Go get'em Tiger
Market Makers are the best
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