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  • #201
  • Aug 30, 2009 3:41am Aug 30, 2009 3:41am
Quoting Chris_B
My research continues....

Tweaking and tweaking...do I have the 100% indy??
I don't know either .. but I suspect soon you will! Then you can retire to the beach in style :-)))
******************* I'd rather make money than be right.
  • #202
  • Aug 30, 2009 4:18am Aug 30, 2009 4:18am
Go on. One thread is enough, two is confusing and redundant

Quoting 4xStar
I have no problem with amalgamation or just dropping this thread and letting the Variations one continue. The objective was to provide a home for those who just want to scalp (as we believed was the original plan with Nitro) and those who want to try other variations .. like taking more profit, re-entries, etc.
However keeping people in FF organized this way is like trying to corral cats. Note Joe SDF's post above, he is going for larger profit so should really be posting in the other thread.
I will put it as a vote .. if the majority want to...
  • #203
  • Aug 30, 2009 5:39am Aug 30, 2009 5:39am
4XStar.

I would be sorry indeed to see this thread amalgamated into one of the others. I'm too old to be playing with trains, I gave up trading with pivots when I discovered that the price will bounce off a pivot, apart from the times it doesn't.

I have been trading the Renko bars for a couple of weeks and simply using the momentum, correlation and PA we are doing fine thank you very much. The more people who concentrate on fine-tuning this method the better and I can guarantee if we were to move over to another thread we would be bombarded with the usual, R:R is no good, why don't we use 7 different MA's, litter the charts with pending orders to capture a 100 pips per trade, etc., etc.

A few of us have, in the short time we have been doing this, become to recognise the PA action and to profit by it. I do not need the distraction of MTF, multiple Pivot lines etc.

If Chris manages to tune his latest efforts to give only a 90% hit rate that would be perfect. I would certainly use it in conjunction with my present trading method.

Lets continue with this thread as it is a nice place to come home to everyday, to find out what the neighbours are doing and to offer a helping hand where possible.

Regards

Dave W
  • #204
  • Aug 30, 2009 5:54am Aug 30, 2009 5:54am
Agreed,
except that asdf's coments on PA movement are in the other thread (should be in this one) and people are double posting replies (which is probably against FF rules) and everything is becoming mixed up and redundant

Quoting DaveW
4XStar.

I would be sorry indeed to see this thread amalgamated into one of the others. I'm too old to be playing with trains, I gave up trading with pivots when I discovered that the price will bounce off a pivot, apart from the times it doesn't.

I have been trading the Renko bars for a couple of weeks and simply using the momentum, correlation and PA we are doing fine thank you very much. The more people who concentrate on fine-tuning this method the better and I can guarantee if we were to move over to another thread we would be bombarded...
  • #205
  • Aug 30, 2009 7:30am Aug 30, 2009 7:30am
Quoting DaveW
...and I can guarantee if we were to move over to another thread we would be bombarded with the usual, R:R is no good, why don't we use 7 different MA's, litter the charts with pending orders to capture a 100 pips per trade, etc., etc.
I agree.
Quote
Lets continue with this thread as it is a nice place to come home to everyday....

You just like the smell of the fresh cookies I keep baking in the oven...
******************* I'd rather make money than be right.
  • #206
  • Aug 30, 2009 7:34am Aug 30, 2009 7:34am
Quoting bali2002
Agreed,
except that asdf's coments on PA movement are in the other thread (should be in this one) and people are double posting replies (which is probably against FF rules) and everything is becoming mixed up and redundant
I've asked asdf to post his PA focused comments here as well. I don't think FF cares how many of the same posts you make on threads as long as you are not spamming and only using one name.

We'll see how the votes go but if enough people like it here, we will stay. I am guessing the other thread may grow much bigger and have dozens or even hundreds of people, we may only have 20-30 or so who want to keep focus, but that is enough. I'm going to amend my first post a bit to better explain to newcomers about the two threads.
******************* I'd rather make money than be right.
  • #207
  • Aug 30, 2009 8:44am Aug 30, 2009 8:44am
Quoting 4xStar
I agree.


You just like the smell of the fresh cookies I keep baking in the oven...
I've always loved cookies

"When the (my) roll is called up yonder, I'll be there".

Best wishes,

Cat preacher
  • #208
  • Aug 30, 2009 8:45am Aug 30, 2009 8:45am
Quoting Chris_B
do I have the 100% indy??

I don't know....
Chris,

keep us updated pal I also work on an EA... Less trade opportunity, but higher hit rate. Let's see how will it work.

Good luck & take care,

GrZack
  • #209
  • Aug 30, 2009 10:45am Aug 30, 2009 10:45am
Quoting Chris_B
My research continues....

Tweaking and tweaking...do I have the 100% indy??

I don't know....

Attached 2 images...1 is relative to yesterday...the brick to trade is the brick after the arrow...so the signal is confirmed and does not disappear...and in this way i can visually backtest what is happened every brick after the arrow...
The second image is relative to a more choppy day....quite well i can see...
But i wanna be VERY VERY VERY cautious...as always i don't know how the indy that i've used works in real time, i think it could repaint...because...
Chris, I am sure you probably already know this, but if your indi does not reference a negative number in any index buffer shift field, it does not repaint when the bar has closed. Repainting happens by using a negative number in the shift field, thus indexing a future date that exists on the left side of the chart, but does not exist on the right side of the chart in a real time scenario.
  • #210
  • Edited 12:07pm Aug 30, 2009 11:35am | Edited 12:07pm
Quoting smjones
Chris, I am sure you probably already know this, but if your indi does not reference a negative number in any index buffer shift field, it does not repaint when the bar has closed. Repainting happens by using a negative number in the shift field, thus indexing a future date that exists on the left side of the chart, but does not exist on the right side of the chart in a real time scenario.
Hi Smjones,
I used to think that this was true, but after seeing the Fisher Transform repaint - when I can't see any negative numbers used for a shift field in index buffers, I changed my mind.

Now I distrust any indicatore which processes backwards in time e.g.

for(int i=0; i<limit; i++)

I put them on a 1 min chart , then put them on again say 60 minutes later and see if the one calculated in real time matches the one just added. If not then it is useless for visual backtesting.

Perhaps I am being paranoid,
Ian

PS I have just been comparing smFisherTransform3nr (which repaints!) with Solar wind clean XXX (by Mladen which does not) and realised that all versions based upon the Yura Prokofiev code process ExtBuffer0[i] backwards in a loop and use both Value1=Value; Fish1=ExtBuffer0[i]; in calculating the next (older) ExtBuffer0[i] which is effectively ExtBuffer0[i+1].
Unfortunately Solar wind clean XXX is (predictably) nowhere near as accurate in hindsight.
  • #211
  • Aug 30, 2009 12:08pm Aug 30, 2009 12:08pm
Quoting 4xStar
I've asked asdf to post his PA focused comments here as well. I don't think FF cares how many of the same posts you make on threads as long as you are not spamming and only using one name.

We'll see how the votes go but if enough people like it here, we will stay. I am guessing the other thread may grow much bigger and have dozens or even hundreds of people, we may only have 20-30 or so who want to keep focus, but that is enough. I'm going to amend my first post a bit to better explain to newcomers about the two threads.
4xStar,

Mate, thanks for taking the time to start this new thread which has, as desired, become a follow on for those from the old place to concentrate on the final few steps. I strongly feel that if we were to combine the two this method here would be destroyed and lost in the pit of indi's.

They are on to some good things in the other thread but are motivated differently. The people here either understand or are open to try out the RR and Win/Loss stuff and the +5 pips levels. As im sure you know this is something that is very difficult to come to terms with at first.

I have been SOOO busy with family and work in the last week so have not been about and been as supportive of this thread and in helping with the progression. I will try harder, promise.

It is great to see some of the old group as well as commited new comers to this thread that really appear to have grasped the mechanics and are working on the mental side of things. If all we have is 20 core followers then that would be great.

I strongly believe that the work is done and we are there. As DarkDays has descovered the basics are working, the other bits are to move us towards the 90/95% hit rate. We have 4 charts at certain time frames where pa tends to behave the same way. We have a set up that tells us when to pay attention and we have momentum that tells us that accross the 4 pairs the price is likely to keep going in the given direction. As we all have been saying from the begining is that when all we are aiming for is 5 pips then we should be in and out in no time at all.

I do believe there is scope for some sort of leveled profit taking, 1/2 at 5. 1/4 at 10 and 1/4 with a 10 trailing stop etc. Not sure if this is the last ditch effort of my inner self to drag me back to the old ways or not. It would at least address the concerns of some. However, i will look into this when i trade at the +5 level and report back at some point.

I think the most important thing to do now is for the people that are here and are trading THIS system as it is within their own trading styles to post up some results over the next few weeks. As we know this is the ONLY way we are going to be able to see the validity of this thing. Some have already experienced some winning streaks, i would love it if we all could.

Cheers guys, lets keep up the good work.

Oh, and thanks Chris B for the continued effort, as with everyone, am very eager to see where it goes.

Thanks
Waddij
  • #212
  • Aug 30, 2009 12:11pm Aug 30, 2009 12:11pm
Quoting ianf0ster
Hi Smjones,


PS I have just been comparing smFisherTransform3nr (which repaints!) with Solar wind clean XXX (by Mladen which does not) and realised that all versions based upon the Yura Prokofiev code process ExtBuffer0[i] backwards in a loop and use both Value1=Value; Fish1=ExtBuffer0[i]; in calculating the next (older) ExtBuffer0[i] which is effectively ExtBuffer0[i+1].
Unfortunately Solar wind clean XXX is (predictably) nowhere near as accurate in hindsight...
Yeah, I as just thinking the exact same thing!

The level of inteligence here shocks me sometimes !! Thanks guys
  • #213
  • Aug 30, 2009 1:20pm Aug 30, 2009 1:20pm
Quoting 4xStar
I have no problem with amalgamation or just dropping this thread and letting the Variations one continue. The objective was to provide a home for those who just want to scalp (as we believed was the original plan with Nitro) and those who want to try other variations .. like taking more profit, re-entries, etc.
However keeping people in FF organized this way is like trying to corral cats. Note Joe SDF's post above, he is going for larger profit so should really be posting in the other thread.
I will put it as a vote .. if the majority want to...
Hi 4xStar,
I am nuetral to the idea of combining the two threads as there are pro's and con's both ways. I like the freedom of moving forward and taking Nitro to the next level and I have seen good ideas on both threads which point in that direction. I don't like the idea of maintaining the original rules of Nitro as even they morphed over time from when Nitro was originally previewed. We have committed people on both threads who are passionate about the success of this strategy and it seems the only advantage might be the convenience of tracking one thread instead of two.

Here's a thought - PM all the posters of both threads and have the vote yea or nay, then post the results and make a decision.

Thank you for your diligence in maintaining this thread as I know it is a thankless job.
4XTrader2
  • #214
  • Aug 30, 2009 1:24pm Aug 30, 2009 1:24pm
Quoting ianf0ster
Hi Smjones,
I used to think that this was true, but after seeing the Fisher Transform repaint - when I can't see any negative numbers used for a shift field in index buffers, I changed my mind.

Now I distrust any indicatore which processes backwards in time e.g.

for(int i=0; i<limit; i++)

I put them on a 1 min chart , then put them on again say 60 minutes later and see if the one calculated in real time matches the one just added. If not then it is useless for visual backtesting.

Perhaps I am being paranoid,
Ian

PS I have just been comparing...
The fisher transform formula is back propagation, by it's nature. the negative is built into the formula There is more to negative shift than just the shift. If the formula has it built in, it will go back and re-evaluate from past data. A good example of this is the Fractal indicator, and that is how it is designed and should be.
  • #215
  • Aug 30, 2009 1:46pm Aug 30, 2009 1:46pm
I'm with keeping it focused. Nitro, simple clean charts with no other pivot or fib guess work. I however also believe that after the five pips is reached and locked in, a script is benifical to trail a remaining
partial order, as the hard work of entering the market has already been acheived, what follows should be a simple bonus, if any.
Regards,
Damo.
where thought goes energy flows
  • #216
  • Aug 30, 2009 1:53pm Aug 30, 2009 1:53pm
IAN,

Can you post the Solar wind clean XXX indicator?

Thank you.
  • #217
  • Aug 30, 2009 3:54pm Aug 30, 2009 3:54pm
I guess having been party to the request to amalgamate the threads, I should continue to push in that direction. Unfortunately, there are pros and cons which make the issue clouded. I like the idea of focusing on the pure Nitro and just trying to improve the hit rate but on the other hand I am certainly not averse to some new thinking which may result in the other thread - eg the recent posts suggesting C4 and Renko be combined to provide high prob entries. When I cast my vote, it was after some hard thinking. The convenience of having one thread won out - by a whisker! On the other hand the prospect of many red herrings being cast into the water and eventually contaminating our pure stream is worrying.

Probably a small dedicated group with a single minded focus can achieve our goal without the introduction of back-biting and sniping which eventually seems to befall most threads in public forums.

I am in awe of the skills and ability of many of the contributors to this and other threads and I believe the reference earlier was in the same complimentary tone and certainly not meant to be sarcastic. We are so fortunate in this regard to be tapping into the golden lode of talent and experience from which we can all learn and I for one am so grateful to those people who freely give of their time and skill to help us less talented and far less experienced. Although I have traded many different markets over many years, I am new to FX and I have benefited immensely from this thread and its immediate predecessors so much in the past few short weeks. My fervent hope is that whether we amalgamate or stay as 2 separate threads, the effort to close in on the 'grail' is maintained to the benefit of us all. I will await the outcome of the vote with interest.

Best regards Karl
  • #218
  • Aug 30, 2009 3:55pm Aug 30, 2009 3:55pm
Quoting 4xStar
I have no problem with amalgamation or just dropping this thread and letting the Variations one continue....

I am for keeping it going and keeping it pretty focused but open to someone who can truly improve the trading of NITRO...good job 4xstar and others

The Eegle
  • #219
  • Aug 30, 2009 4:07pm Aug 30, 2009 4:07pm
I have voted to keep the threads separate. As I continue to apply the principles taught in the previous thread, I find that following price action is becoming easier and I am relying less and less on the indicators. There are some very intelligent people on this thread with the right idea and I think we are moving in a direction that can make us successful as traders........LESS IS MORE.......
  • #220
  • Aug 30, 2009 4:42pm Aug 30, 2009 4:42pm
I have also voted to keep the threads separate. I will stop double posting my results on the other thread. I am finding that less is more. it is about the PA and it gets easier every day. With the help of all the people dedicated to fine tuning this methodology we are still moving forward as a group.

Thanks to all those who contribute.

I prefer to not have to wade through all the new indy ideas,etc. I will, of course, read the other thread from time to time. But, it tends to throw me off track on trading this method when I read other Ideas.

Just my thoughts
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