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Trend Hunter

  • #41
  • Jun 28, 2009 9:01pm Jun 28, 2009 9:01pm
The PDF says to trade only after 2:00 AM New York time. What time zone are you in? What times do you trade this, and do you have any idea wheter or not it works just as well in the early New Yoork session at about 5;00 AM?
  • #42
  • Jun 28, 2009 9:55pm Jun 28, 2009 9:55pm
Quoting paradoxical
The PDF says to trade only after 2:00 AM New York time. What time zone are you in? What times do you trade this, and do you have any idea wheter or not it works just as well in the early New Yoork session at about 5;00 AM?
What about the time to stop trading? 5pm NY Time?
  • #43
  • Jun 28, 2009 10:10pm Jun 28, 2009 10:10pm
Dear Robby,
sorry for inconvenience, but I'm a little bit confused about some details of your system. Could you summarize the rules in one post again? (step by step... rules for entry 1.2.3... rules for exit 1.2.3...)
Thank you in advance.
Evgeny
  • #44
  • Jun 29, 2009 12:18am Jun 29, 2009 12:18am
Dear Robby,
just want to clarify, what exactly I didn’t catch, I will try to summarize the rules by myself as I understood them. Please advise me about some details (my questions) and correct me, if I’m wrong.

pair GBP/USD
TF 5 min or 15 min (what is better on your opinion, what TF do you mostly prefer?)

Indicators: 70, 20, 20 EMA with settings, which you have described in post #1. DSC as confirmation.
Trading time: from 2 A.M New-York – until ???
ENTRY RULES:
LONG
candle crossed 70 EMA up and closed. Be sure that price above all EMA. Then enter.
SL on 70 EMA or on yellow EMA (depends on risk management)

Exit.
1)trail SL with:
a)yellow MA
b)purple MA
c)70 EMA
What is better? What do you prefer?

or
2)move SL to BE when reached +15. Then move to +15 when reached +30 and so on.

What is better? 1) or 2)?

If price hits trailing stop (which located, for example, on purple EMA) we are looking, if price between two 20 EMA and go north again, after candle closed above purple EMA we are entering long again.

For exit from this new position – use the same rules as above.

For short trades – the opposite rules.

DSC – just for confirmation. If it on the top or on bottom, it confirms that trend continues.

Please check my summarize and correct me.
  • #45
  • Jun 29, 2009 2:05am Jun 29, 2009 2:05am
1)pair GBP/USD
TF 5 min or 15 min (what is better on your opinion, what TF do you mostly prefer?)
5M

Indicators: 70, 20, 20 EMA with settings, which you have described in post #1. DSC as confirmation.
Trading time: from 2 A.M New-York – until ???
noon N.Y.
ENTRY RULES:
LONG
candle crossed 70 EMA up and closed. Be sure that price above all EMA. Then enter.
SL on 70 EMA or on yellow EMA (depends on risk management)

Exit.
1)trail SL with:
a)yellow MA
b)purple MA
c)70 EMA
What is better? What do you prefer?
I start with the white, move to the next when price gets 20 or so pips, and the move to the last one when it is safer and you don't think you will be stopped out too early

or
2)move SL to BE when reached +15. Then move to +15 when reached +30 and so on.

What is better? 1) or 2)? Both, but No. one will let you get more pips on some trades

If price hits trailing stop (which located, for example, on purple EMA) we are looking, if price between two 20 EMA and go north again, after candle closed above purple EMA we are entering long again.
Correct

For exit from this new position – use the same rules as above.

For short trades – the opposite rules.

DSC – just for confirmation. If it on the top or on bottom, it confirms that trend continues.
I like taking trades that are comming out of the 80/20 levels, this is more like a trend indi
  • #46
  • Jun 29, 2009 3:34pm Jun 29, 2009 3:34pm
Quoting robby2007
My latest Template guys, and the trades from today:

SELL: +60
SELL: +40
SELL: +23

Total: +123 pips

Added 2 more long trades during the morning:

Buy: +25
Buy: +65

So total pips for today: 213 Pips

Hi Robby,

This template is different than your first post and then there is another indicator added to this template. Which one is the right one? Can you please explain? How are the rules different for this template than the original rules posted in the first post.

Thanks in advance.
Metatrader EA and Indicator Coder.
  • #47
  • Jun 29, 2009 9:56pm Jun 29, 2009 9:56pm
Quoting lovehuman
Hi Robby,

This template is different than your first post and then there is another indicator added to this template. Which one is the right one? Can you please explain? How are the rules different for this template than the original rules posted in the first post.

Thanks in advance.
Hi LoveHuman, basically the rules for the system are the ones in the first post, keep it simple, i use, well i should say try a lot of different indicators to see which one suits the trading style, but to tell you the thruth i guess the basics are the better, i only use pivot points and fibs that are drawn on the last swing of the 4H chart, so basically, buy when the 5M candles closes above the 70 EMA, re entries are when the 20 EMAS are above the 70, price retraces to the 20 EMAs range, and gets out again, SL always trailed by the 70 on the beggining and then move to the 20 EMA applied to the low, and still trailing until the trade closes itself when hit, so if you are a programmer i would be very thankful if you code an EA.
  • #48
  • Jun 29, 2009 10:02pm Jun 29, 2009 10:02pm
Dear Robby,
Are you going to post your trades day by day as you did it before?
Very interesting to keep watching how this system works and compare your results with mine.
Thank you.
Evgeny.
  • #49
  • Jul 21, 2009 9:20am Jul 21, 2009 9:20am
Thread seems to have gone very quiet, be interested to know how you all go with this , i did a thorough backtest in to this and there are some very large drawdowns so be careful if going live .
  • #50
  • Jul 23, 2009 8:48pm Jul 23, 2009 8:48pm
Quoting streetcry
Thread seems to have gone very quiet, be interested to know how you all go with this , i did a thorough backtest in to this and there are some very large drawdowns so be careful if going live .
Hello, in deed the thread is been very quiet, this is because we all are in the chatroom, discussing things in real time, and improving the system every day, when i feel comfortable with the new system things i will post them here, and when you say large drawdowns i never experienced more than 50 pips drawdown (and this is because i entered too late), i never risk more than 30-50 pips on this system, i can always make those pips back, and lately it is been very profitable, even with this current market so volatile and with no clear direction, anyway try the Skype Room, we are even learning other nice systems there, regards:
Robby
  • #51
  • Jan 26, 2010 4:02pm Jan 26, 2010 4:02pm
HI Robbie:
This method looks to work well with your 4h fib thread. Are you still trading with friends on skype?

Steve
  • #52
  • Jan 26, 2010 8:48pm Jan 26, 2010 8:48pm
Quoting stevewide
HI Robbie:
This method looks to work well with your 4h fib thread. Are you still trading with friends on skype?

Steve
Hi Steve, in deed i do use both methods together, and they work fine since the fibs finds support/resistance areas and this one follows starting/continuating trends mostly coming out from fib bounces, we don't have a public room in skype anymore but you can add me...
  • #53
  • Jan 27, 2010 8:26am Jan 27, 2010 8:26am
Thanks Robby; Your two methods do work well together. I added you to my skype chat so look forward to meeting you soon.


Steve

Quoting robby2007
Hi Steve, in deed i do use both methods together, and they work fine since the fibs finds support/resistance areas and this one follows starting/continuating trends mostly coming out from fib bounces, we don't have a public room in skype anymore but you can add me...
  • #54
  • Apr 13, 2010 10:44am Apr 13, 2010 10:44am
robby2007,
Thanks for posting the .pdf, it has given me a few ideas on how to improve my trend following systems. I'm not going to follow your system, but it was of great help nonetheless.

May you have many pips.
If you don't risk, you don't ever have to lose.
  • #55
  • Edited 8:40am Apr 14, 2010 7:48am | Edited 8:40am
hi robby, nice job indeed!
i programmed an indi for your strategy that does as follow:
- if all the condition are satisfied (price, emas and dss) then it shows the entry level calculated as follows: max of the signal candle+ entry buffer (customizable by the user) this prevent a LOT of false signal. then it shows an arrow on the candle where you're supposed to do something, and has the possibility to set an alarm or email etc.

the second (the "no-DSS.....") does the same apart from showing only the entries when the dss disagrees...
they're supposed to work together...

it should be ok, if not sing out...

my 2cent...

Dave
Attached File(s)
File Type: mq4 The Flame_Cross hunter.mq4   6 KB | 1,785 downloads
File Type: mq4 The Flame_Cross hunter no-DSS.mq4   6 KB | 1,704 downloads
  • #56
  • Apr 14, 2010 8:24am Apr 14, 2010 8:24am
Quoting The flame
hi robby, nice job indeed!
i programmed an indi for your strategy that does as follow:
- if all the condition are satisfied (price, emas and dss) then it shows the entry level calculated as follows: max of the signal candle+ entry buffer (customizable by the user) this prevent a LOT of false signal. then it shows an arrow on the candle where you're supposed to do something, and has the possibility to set an alarm or email etc.

the second (the "no-DSS.....") does the same apart from showing only the entries when the dss disagrees...
they're supposed...

I can't see any arrows on my chart Dave?

Andy
  • #57
  • Apr 14, 2010 8:32am Apr 14, 2010 8:32am
ooops...i had the dss with a different name......wait..i'm fixing it!

EDIT: fixed, and replaced in the same post....

use the paperclip to be sure...
  • #58
  • Apr 14, 2010 10:00am Apr 14, 2010 10:00am
Quoting The flame
ooops...i had the dss with a different name......wait..i'm fixing it!

EDIT: fixed, and replaced in the same post....

use the paperclip to be sure...
Thanks, working fine now

Andy
  • #59
  • Apr 14, 2010 1:41pm Apr 14, 2010 1:41pm
Quoting The flame
ooops...i had the dss with a different name......wait..i'm fixing it!

EDIT: fixed, and replaced in the same post....

use the paperclip to be sure...

I still cant's see no arrows after several trials!!!
  • #60
  • Apr 14, 2010 4:07pm Apr 14, 2010 4:07pm
you must have the robby dss bressert in you indicators folder, without changing the name of course, and must put my indis in the same folder!
try to download again both the dss and my indis and restart the platform....if it works for andy then it MUST work for you!
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