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EUR/GBP Trendmagic System

  • #4,361
  • Jul 10, 2009 5:13am Jul 10, 2009 5:13am
@ Turbobzik

It seems to me in your bottom indi window you have SMA (21) not LWMA(12) ? I think edge use LWMA(12). LWMA is much quicker.

Could you plz post the non_lag_dot indi (+ your used parameters for this indi) - how do you confirm on 15M ?
  • #4,362
  • Jul 10, 2009 5:35am Jul 10, 2009 5:35am
Hi Maxwell,

With all due respect, you'd be chewed alive using a 10 pip stop + spread for EJ, unless it's a mental stop. Just my two cents. Anyway, that's my observation of PA during the Asian & London sessions.

Best,

quin
  • #4,363
  • Jul 10, 2009 5:55am Jul 10, 2009 5:55am
Quoting paradoxical
I love indicators. Anyone that says they don't is being disingenouous. If you use nothing but candlesticks, that's an indicator. From there, people add what they will. Moving averages, crosses, trix, cci, etc.
Everyone is looking for that magical combination. Of course, I am in that same group. If people hadn't have introduced their own found or made indicators, these boards would be very dull indeed, and would cease to exist, because everyone would be trading based on fundamentals and looking to see where there may be some trouble on the horizon...
Could not have said it better myself...
  • #4,364
  • Jul 10, 2009 5:56am Jul 10, 2009 5:56am
my settings :

MA 7
no lag 21 , 19
cci woodies - orginal

confirm 15TF 2x red or 2x blue entry

Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 135 KB
Attached File(s)
File Type: mq4 Non_Lag_Dot.mq4   5 KB | 646 downloads
File Type: mq4 CCI_Woodies_Lnx_v69.mq4   8 KB | 643 downloads
  • #4,365
  • Jul 10, 2009 6:33am Jul 10, 2009 6:33am
When I try to drag the Bollinger Bands onto the DMI, the bands still show up on the price chart. Can someone tell me what I need to do to get the BBs in the separate window. Thanks.
  • #4,366
  • Jul 10, 2009 6:36am Jul 10, 2009 6:36am
Quoting flyingdawg
When I try to drag the Bollinger Bands onto the DMI, the bands still show up on the price chart. Can someone tell me what I need to do to get the BBs in the separate window. Thanks.
I am having the same problem

Also what does +ve mean??

And what are settings for the BB?

Thanks
******************* I'd rather make money than be right.
  • #4,367
  • Jul 10, 2009 6:38am Jul 10, 2009 6:38am
Quoting Turbobzik
my settings :

MA 7
no lag 21 , 19
cci woodies - orginal

confirm 15TF 2x red or 2x blue entry

Hard to beat CCI stuff isn't it? Both my daughters want to be CCI, don't ask me why.
  • #4,368
  • Jul 10, 2009 6:42am Jul 10, 2009 6:42am
Quoting flyingdawg
When I try to drag the Bollinger Bands onto the DMI, the bands still show up on the price chart. Can someone tell me what I need to do to get the BBs in the separate window. Thanks.
Hi Flying Dawg.
It would look like you need to choose previous indi data in the "apply to" option as well as dragging it over the indi.
  • #4,369
  • Jul 10, 2009 6:42am Jul 10, 2009 6:42am
Quoting 4xStar
I am having the same problem

Also what does +ve mean??

And what are settings for the BB?

Thanks
Set " previous indicator's data ".

4xstar do you speak italian? maybe I can explain better in my language
  • #4,370
  • Jul 10, 2009 6:44am Jul 10, 2009 6:44am
Quoting 4xStar
I am having the same problem

Also what does +ve mean??

And what are settings for the BB?

Thanks
Here's his template again...

Did you try dragging the indi from the nav window on top of the other indi?
Attached File(s)
File Type: tpl maxwell_scalp.tpl   44 KB | 571 downloads
  • #4,371
  • Jul 10, 2009 6:44am Jul 10, 2009 6:44am
Quoting Pipsnator
Set " previous indicator's data ".

4xstar do you speak italian? maybe I can explain better in my language
Certo che parlo italiano
******************* I'd rather make money than be right.
  • #4,372
  • Jul 10, 2009 6:46am Jul 10, 2009 6:46am
Quoting 45Fxguy
Here's his template again...

Did you try dragging the indi from the nav window on top of the other indi?
Yes but it still appears above. I have the template and it is working there but would rather put it on my own template with my colors etc. I can change his if necessary tho.
******************* I'd rather make money than be right.
  • #4,373
  • Jul 10, 2009 6:51am Jul 10, 2009 6:51am
Quoting Pipsnator
Set " previous indicator's data ".
That did it! (anche senza la spiegazione in italiano!)
******************* I'd rather make money than be right.
  • #4,374
  • Jul 10, 2009 7:00am Jul 10, 2009 7:00am
To get BB into a window other than the main window, from the standard list of indis, drag the BB to the window you want it to be in. The drop down box under 'Paramaters', there is a box 'Apply'. Arrow down to "First Indicators Data". Press OK and it should apply the BB to the required window. Hope this helps.
Karl
  • #4,375
  • Jul 10, 2009 7:06am Jul 10, 2009 7:06am
Quoting Dewey McG
Hello Edge,

I am not sure if someone has asked this before, but here is a quick question: Do you ever re-enter a trade beofre the trix has crossed back over? For example, the Trix is under 0 and you have already made your 10 pips going short, then the candle crosses above the MA and then next bar crosses back down. Would you go back for more or wait?

Thanks again for all your contributions.
Very rare that this would happen. Hit and run.

However, Maxwell's BB/DM indi seems efficient at showing traders a potential opportunity to re-enter a trade should a pair start a bit of a trend. You might consider incorporating it into your tool box.

Regards.
  • #4,376
  • Jul 10, 2009 7:10am Jul 10, 2009 7:10am
Quoting Turbobzik
i like your system , i add non_lag_dot indi and I confirm entry 15TF and works
P.s what is your Sl?
thanks
Clean break of a 12 WMA in opposite direction or trix turning color.
  • #4,377
  • Jul 10, 2009 7:16am Jul 10, 2009 7:16am
Got it now. Thanks for your help.
  • #4,378
  • Jul 10, 2009 7:54am Jul 10, 2009 7:54am
I have the DMI, Osma and BB up and working now .. but not sure how to read them, even looking at Max's entries it is ambiguous. It looks like the entries are taken when the DMI 4 and BB are all kind of flat and together. But there are 2 DMI lines .. is one for longs and one for shorts?
And to exit, the DMI needs to reverse and actually touch the upper BB (for a long) or lower BB for a short??

I think Max has left for the day .. anyone else know how to interpret these charts?
******************* I'd rather make money than be right.
  • #4,379
  • Jul 10, 2009 8:16am Jul 10, 2009 8:16am
Quoting 4xStar
I have the DMI, Osma and BB up and working now .. but not sure how to read them, even looking at Max's entries it is ambiguous. It looks like the entries are taken when the DMI 4 and BB are all kind of flat and together. But there are 2 DMI lines .. is one for longs and one for shorts?
And to exit, the DMI needs to reverse and actually touch the upper BB (for a long) or lower BB for a short??

I think Max has left for the day .. anyone else know how to interpret these charts?
It seem that, basically, a dmi break of the upper or lower bb bands is the trigger. Could be wrong, but that seems to make sense.
  • #4,380
  • Jul 10, 2009 8:26am Jul 10, 2009 8:26am
Quoting Edgetrader
It seem that, basically, a dmi break of the upper or lower bb bands is the trigger. Could be wrong, but that seems to make sense.
Does it make a difference which DMI? There is a blue one and a magenta one .. does the magenta one have to break the upper band or the blue one the lower ? Or does it matter .. but which one would be the trigger then?
I am looking at 5 min GU chart and both colors are up & down through the BB's .. I don't see clear signals .. or they are very few & far between...
******************* I'd rather make money than be right.
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