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EUR/GBP Trendmagic System

  • #4,381
  • Jul 10, 2009 8:31am Jul 10, 2009 8:31am
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.
Your 3/8 cross seems a simpler and better trigger although I can see some merit to DMI for the exits.
******************* I'd rather make money than be right.
  • #4,382
  • Jul 10, 2009 8:37am Jul 10, 2009 8:37am
Quoting 4xStar
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...

4xStar,

I think it is the blue DMI - crossing and going below the lower BB for short. Crossing and going above upper BB for a long. Both tying in with the osMA direction. Not sure about exits though.

Also his template is based on the EJ pair and hence may need some indicator settings tweeked for other pairs.

Nick
  • #4,383
  • Jul 10, 2009 8:45am Jul 10, 2009 8:45am
Quoting Nick'em
4xStar,


Also his template is based on the EJ pair and hence may need some indicator settings tweeked for other pairs.

Nick
Ah, that is good to know .. and makes sense.
******************* I'd rather make money than be right.
  • #4,384
  • Jul 10, 2009 9:06am Jul 10, 2009 9:06am
Same signals, just on an Alpari Mt4 platform.

Need to get used to the fractional pip thing here as opposed to IB full pip.

Still, even for a Friday it is pretty good.

Regards.
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  • #4,385
  • Jul 10, 2009 9:14am Jul 10, 2009 9:14am
Quoting SwingMan

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

.


Swingman. I am very new on the thread and did my best to follow it from the inception. I know there's controversy about repainting Vorticity Indy's. Well I have 3 of them on my chart to see whch was best and which wouldnt repaint. Well they all 3 did occrding to my 2 pictures. Can you help maybe with a setting are let me know what I am doing wrong perhaps?

or anyone?

TYVM
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  • #4,386
  • Jul 10, 2009 9:16am Jul 10, 2009 9:16am
Quoting 4xStar
Your 3/8 cross seems a simpler and better trigger although I can see some merit to DMI for the exits.
Think I missed something. Can you explain edges' 3/8 cross?
I thought the trigger was the Trix 0 cross.
  • #4,387
  • Jul 10, 2009 9:21am Jul 10, 2009 9:21am
Quoting 45Fxguy
Think I missed something. Can you explain edges' 3/8 cross?
I thought the trigger was the Trix 0 cross.
I would not worry on that cross. It is a primer used with TS as the indi's are different than the MT4 materials.
  • #4,388
  • Jul 10, 2009 9:33am Jul 10, 2009 9:33am
Maybe I'll graduate to TS someday soon too!
  • #4,389
  • Jul 10, 2009 9:37am Jul 10, 2009 9:37am
Quoting Edgetrader
Same signals, just on an Alpari Mt4 platform.

Need to get used to the fractional pip thing here as opposed to IB full pip.

Still, even for a Friday it is pretty good.

Regards.
OK, this is wierd .. I am on Alpari as well and my charts PA look nothing like yours. My candles are going up where yours are coming down and vice versa .. anyway to make the chart bigger (maybe just post one full chart instead of 4) and what is the time shown on the chart (from when to when??)
******************* I'd rather make money than be right.
  • #4,390
  • Jul 10, 2009 9:40am Jul 10, 2009 9:40am
Quoting 4xStar
OK, this is wierd .. I am on Alpari as well and my charts PA look nothing like yours. My candles are going up where yours are coming down and vice versa .. anyway to make the chart bigger (maybe just post one full chart instead of 4) and what is the time shown on the chart (from when to when??)
Currently on the 16:40 5m candle.
  • #4,391
  • Jul 10, 2009 9:44am Jul 10, 2009 9:44am
Quoting Edgetrader
Currently on the 16:40 5m candle.
Chart shows yesterday Jul 9th.
  • #4,392
  • Jul 10, 2009 9:44am Jul 10, 2009 9:44am
Quoting Edgetrader
Currently on the 16:40 5m candle.
Yes I know that is the time now .. but your charts, they are 5 min? What candle time to they end with? Mine do not match.
******************* I'd rather make money than be right.
  • #4,393
  • Jul 10, 2009 9:47am Jul 10, 2009 9:47am
Quoting DanFX
Chart shows yesterday Jul 9th.
That might explain it! Thought I was going nuts for a moment...
******************* I'd rather make money than be right.
  • #4,394
  • Jul 10, 2009 9:53am Jul 10, 2009 9:53am
Also i wonder how did you manage to get +10 out of these 2 entries ?

I know Iīm not showing HA candles but itīs obvious that price didnīt reach target.
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  • #4,395
  • Jul 10, 2009 10:08am Jul 10, 2009 10:08am
I am just so tired. I hope not to get addicted to trading.
I never knew this system was gonna be this Good

My Hat off to Edge....., thanks for the inspiration MAN.


OK, folks "+ve" means positive.
and "-ve" means negative. I am sorry, I am an electrical engineer (EE) and that is how we write and talk sometimes.

I have Eleven trades so far. 9 wins and 2 losses.
That is an amazing strike.

I believe the system can be used on any pair in any time frame (however stop loss and take profit are different for higher time frames). Some pairs are less volatile at certain times and thus require a filter with the DMI 14.
I prefer EUR/JPY because it is volatile most of the times and the spread is reasonable for its volatility

The system requires practice. Please try and try again. Someone said in
this forum that Thomas Edison tried 1000 times before success came. Therefore, we can all try thesame... !

God bless
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  • #4,396
  • Jul 10, 2009 10:21am Jul 10, 2009 10:21am
Could you give us the primer/trigger rules? There is some debate as to which DMI 4 line one follows (magenta or blue) and exactly what is the trigger?
I just made +25 from a EJ short using the DMI blue crossing below BB and Osma pointing down. It worked .. but was that right?
On other pairs the setups seem very few and far between .. ??



Quoting maxwell-eqtn
I am just so tired. I hope not to get addicted to trading.
I never knew this system was gonna be this Good

My Hat off to Edge....., thanks for the inspiration MAN.


OK, folks "+ve" means positive.
and "-ve" means negative. I am sorry, I am an electrical engineer (EE) and that is how we write and talk sometimes.

I have Eleven trades so far. 9 wins and 2 losses.
That is an amazing strike.

I believe the system can be used on any pair in any time frame (however stop loss and take profit are different for higher time frames). Some pairs...
******************* I'd rather make money than be right.
  • #4,397
  • Jul 10, 2009 10:21am Jul 10, 2009 10:21am
Looks like it shows some promise.

However just a request... If you are not going to start your own thread to promote this system, then please clear up all confusion and speculation by laying out a post w/ ALL RULES. This means entries, exits, indicators and templates.

I'm aware you shared a the indy's and templates in earlier posts, but I can't find one post w/ all the information to trade your system.

Not a criticism... just a suggestion.

Thanks,
revrobwimb
  • #4,398
  • Jul 10, 2009 10:21am Jul 10, 2009 10:21am
Quoting 4xStar
That might explain it! Thought I was going nuts for a moment...


Sorry. Had to get the screen shots for Alpari in the correct file.
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  • #4,399
  • Jul 10, 2009 10:23am Jul 10, 2009 10:23am
Quoting revrobwimb
Looks like it shows some promise.

However just a request... If you are not going to start your own thread to promote this system, then please clear up all confusion and speculation by laying out a post w/ ALL RULES. This means entries, exits, indicators and templates.

I'm aware you shared a the indy's and templates in earlier posts, but I can't find one post w/ all the information to trade your system.

Not a criticism... just a suggestion.

Thanks,
revrobwimb
Rev,

Whom are you asking. Lots of different methods and indi's going on lately.

Regards.
  • #4,400
  • Jul 10, 2009 10:29am Jul 10, 2009 10:29am
Quoting 4xStar
Could you give us the primer/trigger rules? There is some debate as to which DMI 4 line one follows (magenta or blue) and exactly what is the trigger?
I just made +25 from a EJ short using the DMI blue crossing below BB and Osma pointing down. It worked .. but was that right?
On other pairs the setups seem very few and far between .. ??

You got it correct man. Good luck
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