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EUR/GBP Trendmagic System

  • #4,301
  • Jul 9, 2009 11:22am Jul 9, 2009 11:22am
Quoting gutek04
What parameters have green MA on your chart?



MA is:

4 preiod,
Linear weighted,
Applied to weighted close (HLCC/4)
  • #4,302
  • Jul 9, 2009 11:26am Jul 9, 2009 11:26am
Quoting maxwell-eqtn
Here is a better exit.
maxwell, could you please share Template and Indies for
your System?

Thank you.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,303
  • Jul 9, 2009 11:30am Jul 9, 2009 11:30am
I wanna go to work and it wont stop.

Man !!!
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_trend_magic_7.gif Size: 22 KB
  • #4,304
  • Jul 9, 2009 11:31am Jul 9, 2009 11:31am
Quoting SkyzerFX
maxwell, could you please share Template and Indies for
your System?

Thank you.


Sorry SkyzerFX,

I do not know how to do a template.
If you wanna teach me how I wll appreciate it
  • #4,305
  • Jul 9, 2009 11:43am Jul 9, 2009 11:43am
Quoting maxwell-eqtn
Sorry SkyzerFX,

I do not know how to do a template.
If you wanna teach me how I wll appreciate it

Sure, watch this 2 min Video, it's very easy:

Inserted Video
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,306
  • Jul 9, 2009 11:46am Jul 9, 2009 11:46am
Quoting maxwell-eqtn
Sorry SkyzerFX,

I do not know how to do a template.
If you wanna teach me how I wll appreciate it
Max,

1. Go to the chart you want to make the template of.
2. Right click (the Right side button) on your mouse.
3. Menu appears.... put your mouse over "Template"
4. Sub Menu appears.... choose "Save Template"
5. Give Template a name.
6. Click on Save
There you go....

Bruce
  • #4,307
  • Jul 9, 2009 12:17pm Jul 9, 2009 12:17pm
Quoting brucech
Max,

1. Go to the chart you want to make the template of.
2. Right click (the Right side button) on your mouse.
3. Menu appears.... put your mouse over "Template"
4. Sub Menu appears.... choose "Save Template"
5. Give Template a name.
6. Click on Save
There you go....

Bruce
OK Bruce,

Let us see if this works according to your instructions.

Here we go
Attached File(s)
File Type: tpl maxwell_scalp.tpl   44 KB | 672 downloads
  • #4,308
  • Jul 9, 2009 12:24pm Jul 9, 2009 12:24pm
Quoting maxwell-eqtn
OK Bruce,

Let us see if this works according to your instructions.

Here we go
Thank you but I don't understand when you enter

  • #4,309
  • Jul 9, 2009 12:24pm Jul 9, 2009 12:24pm
Here is the latest one.

Lets see how this last trade marked in aqua goes !!!

The market is getting slow now.
I think I have a filter for that...., I am still experimenting with the filter.
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_trend_magic_8.gif Size: 22 KB
  • #4,310
  • Jul 9, 2009 12:26pm Jul 9, 2009 12:26pm
Quoting Pipsnator
Thank you but I don't understand when you enter


Try to see if you can follow the trades I took.

I wil go over this later for better explanation. I have to go to work.

Be patient I will be back.
  • #4,311
  • Jul 9, 2009 12:30pm Jul 9, 2009 12:30pm
Quoting maxwell-eqtn
Here is the latest one.

Lets see how this last trade marked in aqua goes !!!

The market is getting slow now.
I think I have a filter for that...., I am still experimenting with the filter.
you enter when dm blue line goes up the band indi.. am i right... if so you should enter short before the last one.
Patience is the keyword here...
  • #4,312
  • Jul 9, 2009 12:43pm Jul 9, 2009 12:43pm
you are correct man. That would be a -ve10 loss.

I missed that (went to the bathroom)

Anyway I have a way of filtering those trades.

I am still improving the system to avoid slow periods of PA.


See some more explanation in my next chart
  • #4,313
  • Jul 9, 2009 12:47pm Jul 9, 2009 12:47pm
In the current chart stop loss was set at 10 pips + spread.

When the DMI hit the exit (at the bottom bollinger) the price did not
hit my stop. So it says that I should exit.

There two options. I could exit when stop is hit or I could exit for break even or when the candle went back up a little bit for about +ve 2 pips.
  • #4,314
  • Jul 9, 2009 12:48pm Jul 9, 2009 12:48pm
Here is the chart I forgot to post
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_trend_magic_9.gif Size: 23 KB
  • #4,315
  • Jul 9, 2009 12:54pm Jul 9, 2009 12:54pm
Did anyone notice that the last rade should not have been taken?

That was because the OSMA bars were pointing down.

So I should have been waiting instead for a sell trade instead of a buy.
  • #4,316
  • Jul 9, 2009 12:59pm Jul 9, 2009 12:59pm
Here is a correct one folks
Attached Image (click to enlarge)
Click to Enlarge Name: eur_jpy_trend_magic_10.gif Size: 17 KB
  • #4,317
  • Jul 9, 2009 12:59pm Jul 9, 2009 12:59pm
Maxwell,

Perhaps you could explain your criteria for entering step by step?

Thanks

Quoting maxwell-eqtn
Did anyone notice that the last rade should not have been taken?

That was because the OSMA bars were pointing down.

So I should have been waiting instead for a sell trade instead of a buy.
  • #4,318
  • Jul 9, 2009 1:02pm Jul 9, 2009 1:02pm
Here is a correct one folks.

The chart shouls say +ve 10 win NOT Loss

I am still learning to post charts.
  • #4,319
  • Jul 9, 2009 1:05pm Jul 9, 2009 1:05pm
Quoting Maelstrom
Maxwell,

Perhaps you could explain your criteria for entering step by step?

Thanks

Enter when the Blue DMI touches outer yellow Bollinger band.

Enter in the direction of OSMA.

I am still working on a filter for slow periods.
  • #4,320
  • Jul 9, 2009 1:20pm Jul 9, 2009 1:20pm
Its so long for now

The original concept which is trend riding or swing trading is gone, therefore I dont think any of us, TREND RIDERS has any biz staying on.

I have grabbed all that I need, TM, HG_0001a and HG_0001aMTF for 5min TF
and TM and Vorticity2 for 1HR TF. I have adopted them and they so much blend with my trading style, and produce results that amaze me

Therefore, I am done with posting in this thread, back to LURKING MODE to see from distance how many scalping systems would evolve from what was supposedly to be a trend catching thread


Thank you so much PAULUS, ANNE, and every meaningful contributors especially EDGE with his professional advice and all others

Good luck everyone

kos
John 3:16 - From THIS love no power on earth can me sever.
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