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  • #81
  • Sep 12, 2009 7:30am Sep 12, 2009 7:30am
Quoting 45Fxguy
Glade this is just a trading discussion area. Can more indis = more pips?
Just playing around with MTF indicators, I added multiple MTF signal bars to this chart which include, Stoch, CCI, and RSI, etc. to see what would happen.
Looks like some very high probability trade set ups when all the squares are either red or blue.
Will do more live forward testing next week.
Most MTF indis don't back test very well, but will probably try anyway this weekend.
45,
Hope your trading is going well or at least improving.
Those by far are some of the most 'complex' charts I have seen.

How are you to avoid implementation errors when you decide that something 'works'?
Back testing can be, in my opinion, curve fitting and can be a way of automating something that really doesn't work.
There's a saying that had been tossed around.
'Back test 7 years, blow up in 7 days.'
Not trying to be critical here just offering up an opinion.

What you'll also notice after awhile is most new traders always focus on an entry strategy.
When in reality all the money you'll ever earn will be in exiting a trade.

You seem clever enough and have everything you need to be profitable.

Best,
  • #82
  • Sep 12, 2009 7:39am Sep 12, 2009 7:39am
Welcome back jacson101,
Not sure I understand your question.
I can be a little dense sometimes, can you re-phase it?


Quoting jacson101
45,
Hope your trading is going well or at least improving.
Those by far are some of the most 'complex' charts I have seen.

How are you to avoid implementation errors when you decide that something 'works'?
Back testing can be, in my opinion, curve fitting and can be a way of automating something that really doesn't work.
There's a saying that had been tossed around.
'Back test 7 years, blow up in 7 days.'
Not trying to be critical here just offering up an opinion.

What you'll also notice after awhile is most new traders always focus...
  • #83
  • Sep 12, 2009 7:41am Sep 12, 2009 7:41am
Quoting 45Fxguy
Welcome back jacson101,
Not sure I understand your question.
I can be a little dense sometimes, can you re-phase it?
Sure,
Forward test at all?
  • #84
  • Edited 11:44pm Sep 12, 2009 7:49am | Edited 11:44pm
Quoting jacson101
Sure,
Forward test at all?
Of course, a lot of the MTF indi I like to use don't work very well in back test so don't have much choice.
I don't have a live mt4 broker right now so don't always have time to entry all my trades on both platforms when scalping. I think the awesome oscillator should help give me the additional time I need to enter trades on both demo & then live when the trade starts to go into profit.
I told 4xstar I would read her thread this weekend & try to get back into nitro next week so not sure I'll be posting any more charts here for a while.

jacson101 what is your favorite trading system at the moment, time frame, pair/cross, and do use the Price Action stars indi with it?

If you scalp what kind of charts & time frame do you use?

Reason I'm asking is think I've noticed a few traders who like to scalp from higher time frame charts like the 1 hr etc & was just trying it myself in the back test simulator & think it might actually be a very good idea. Guess I'm doing that anyway if I'm waiting for a 1 hr MTF indi to line up. That way maybe you can keep your risk/reward closer to equal 1:1, & go for more pips if the trend stays in your favor, with a little help from the multi-trade managing ea.
If your scalp becomes a position trade guess there is nothing wrong with that if the ea locks in a minimum number of pips i.e. at least 5 early on in the trade.

Would really like to hear every detail about your trading methods.
  • #85
  • Sep 13, 2009 12:12pm Sep 13, 2009 12:12pm
Quoting 45Fxguy
Of course, a lot of the MTF indi I like to use don't work very well in back test so don't have much choice.
I don't have a live mt4 broker right now so don't always have time to entry all my trades on both platforms when scalping....
Your definitely on the right track 45 with regard to looking at higher time frames, it could only help.
Yes I do use the VM Price Action indi. in some of my trading.
In general, tend to use the 4hr a lot, it's a favourite of mine.
In regard to sharing every detail of my trading, nothing good would come out of it, literally.
I'm only here to help, whenever I can.
  • #86
  • Edited Sep 15, 2009 4:14pm Sep 14, 2009 11:09pm | Edited Sep 15, 2009 4:14pm
Quoting jacson101
Your definitely on the right track 45 with regard to looking at higher time frames, it could only help.
Yes I do use the VM Price Action indi. in some of my trading.
In general, tend to use the 4hr a lot, it's a favourite of mine.
In regard to sharing every detail of my trading, nothing good would come out of it, literally.
I'm only here to help, whenever I can.
Have you tried these on the 4hr charts etc?
If you have something that gives a better signal I'd like to know about it.

I don't really have the patience yet to do the 4hr, maybe someday, but sure that's where the most pips are.

Actually the iMax signals look very good too, it taken very close to a newly formed fractal.
I should look at this chart before making any short term trades, then I'll know if I'm trading with the longer trends or not.
--------------------

Finished up early again today so practicing my template art again.
Looks even better on Renko charts, but as yet is still untested.
I can make them much faster than I can test them. lol
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ao more is more pips 3.gif Size: 36 KB
Click to Enlarge Name: snakes alive.gif Size: 26 KB
Attached File(s)
File Type: mq4 PerkyAsctrend1.mq4   5 KB | 674 downloads
File Type: mq4 !ASCTrend_Sound.mq4.mq4   6 KB | 614 downloads
  • #87
  • Sep 16, 2009 3:11pm Sep 16, 2009 3:11pm
http://www.forexfactory.com/showpost...84&postcount=4
Here's another.
This one has more adjustable signal arrows so they don't get in the way.
Although I haven't tried it out for myself yet.
  • #88
  • Sep 21, 2009 11:54pm Sep 21, 2009 11:54pm
Just thought I'd share these.

Inserted Video
  • #89
  • Sep 22, 2009 9:25am Sep 22, 2009 9:25am
Quoting 45Fxguy
http://www.forexfactory.com/showpost...84&postcount=4
Here's another.
This one has more adjustable signal arrows so they don't get in the way.
Although I haven't tried it out for myself yet.
Quoting 45Fxguy
Just thought I'd share these.

http://www.youtube.com/watch?v=c5N35kkRjrY&NR=1
Thanks for both of these!

Best wishes,

Cat Preacher
  • #90
  • Edited 8:02pm Sep 22, 2009 10:37am | Edited 8:02pm
You welcome CatPreacher,
Anytime, TSD forum also has a lot of ASC trend & FxSniper stuff, two of a favs.
I learned something about SRDC over the weekend, and tried crossing the basic system with FrankenPip's trains method, and ran some back test on it, got pretty good results & R:R on the 4hr chart.
I like to know exactly where the higher time-frames are headed to help me scalp the lower ones.
Try these too.
Also dibs along with a SRDC indi on the 1hr charts are a good one, two, three punch when used with pa stars.
Attached File(s)
File Type: mq4 MTF FX Snipers Ergotic CCI Trigger.mq4   4 KB | 968 downloads
File Type: mq4 DIBS_TriggerLines1[1].2.mq4   9 KB | 767 downloads
File Type: mq4 DIBSv1.1.mq4   6 KB | 720 downloads
File Type: mq4 #SRDC_Indicator.mq4   2 KB | 802 downloads
File Type: mq4 H1H1_IB_Indicator.mq4   6 KB | 757 downloads
  • #91
  • Edited 10:27am Sep 23, 2009 10:12am | Edited 10:27am
Hey guys/gals:

Here's some screen shots of my latest setups using price action stars along sides, dibs, sdrc, nitro/c4, etc, in a combo system which is pretty easy to follow I guess at least for me since I've used them all separately and now together as one. I think the very best thing anyone can take from c4/nitro is the power of correlation between like pairs so I setup a separate profile for usd pairs too. Which gives me something else to look at when the yen is being lazy. Made my +5% today, but screwed myself up last week trying to trade without mt4 after it crash trusting instead signals from fxdailyplus, & blew 15% of my mini account. Isn't it funny how they very quickly deleted all traces of those posted signals as soon as things start heading south in a hurry, don't you hate that? lol
Anyway it was a very good lesson in honoring one's -5% SL, & following your own system, which unfortunately I didn't do. Better to learn that lesson at a cost of a few dollars instead of several hundred at least, but that still seems like a lot of money when your trying to earn those bucks back. I think I'm way beyond the testing a system on demo phase, I can't get that same risk/reward feeling anymore on demo, at least that me these days.
Later,
45fxguy

PS:
Attached a couple of the indi's I'm using with the screen shots.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: a usd profile.jpg Size: 195 KB
Click to Enlarge Name: a jpy profile.jpg Size: 194 KB
Attached File(s)
File Type: mq4 #MTF_Stochastic.mq4   4 KB | 622 downloads
File Type: ex4 DXTrade Info 45FXguy.ex4   9 KB | 700 downloads
File Type: mq4 ASCTrend_SellBuy Sound_new.mq4   6 KB | 666 downloads
File Type: mq4 !FX Sniper's MACD Lines.mq4   2 KB | 798 downloads
File Type: ex4 MODIFIED_VERSION_ttm-trend-3.ex4   6 KB | 694 downloads
  • #92
  • Sep 23, 2009 1:57pm Sep 23, 2009 1:57pm
Man, no offense but I don't know how you can see anything on those charts. Thats a ton of stuff you got going on there. I guess to each their own.
  • #93
  • Sep 23, 2009 3:58pm Sep 23, 2009 3:58pm
Quoting 45Fxguy
Hey guys/gals:

Here's some screen shots of my latest setups using price action stars along sides, dibs, sdrc, nitro/c4, etc, in a combo system which is pretty easy to follow I guess at least for me since I've used them all separately and now together as one....

Holy Moly 45!

Awesome Indi's.
I almost fell out of my chair after I put your MTF histogram on my charts!
I'm running it off a 4h with triggers off 1h,30mm.

Nice to see you bounce back after that drawdown.
That my friend is composure and staying in control.
Inserted Video
Attached Image (click to enlarge)
Click to Enlarge Name: aud.giif.gif Size: 18 KB
  • #94
  • Edited 5:37pm Sep 23, 2009 5:15pm | Edited 5:37pm
Thanks,
Looks like a very nice simple yet very effective setup jacson.
Will have to give that one a try too.
Thanks for sharing.....
PS: Could you post your template, I can't see anything yet in my MTF_FXsniper'CCIH4 window?
I see we may have a new record number of visitors jacson. lol

Quoting jacson101
Holy Moly 45!

Awesome Indi's.
I almost fell out of my chair after I put your MTF histogram on my charts!
I'm running it off a 4h with triggers off 1h,30mm.

Nice to see you bounce back after that drawdown.
That my friend is composure and staying in control.
http://www.youtube.com/watch?v=fvs9RPXAreY
Attached Image (click to enlarge)
Click to Enlarge Name: a new record.jpg Size: 11 KB
  • #95
  • Sep 23, 2009 6:12pm Sep 23, 2009 6:12pm
Quoting 45Fxguy
Thanks,
Looks like a very nice simple yet very effective setup jacson.
Will have to give that one a try too.
Thanks for sharing.....
PS: Could you post your template, I can't see anything yet in my MTF_FXsniper'CCIH4 window?
I see we may have a new record number of visitors jacson. lol
Was never a big fan of crowds.

Had a quick look at the indicator and adjusted the settings for a 4h as a default.
To change your timeframe use the corresponding value in minutes.
Timeframe: "5M" = "5" etc.

Thanks again 45!
Attached File(s)
File Type: mq4 MTF FX Sniper Ergodic CCI Trigger.mq4   4 KB | 1,811 downloads
File Type: tpl ergodic cci.tpl   3 KB | 1,028 downloads
  • #96
  • Edited 8:31pm Sep 23, 2009 7:34pm | Edited 8:31pm
Quoting darkness
Man, no offense but I don't know how you can see anything on those charts. Thats a ton of stuff you got going on there. I guess to each their own.
Hi darkness,
It's really not as bad as it looks. Only really taking out one trade at a time on one pair/cross. The other's are there just to see correlation, & trend strength.
I have multi charts open so I'm always only one mouse click away from zooming in or out on the one pair I'm actually taking the trade on in any time frame &/or renko chart &/or templates I choose. Besides I have a 32" hdtv monitor so I can still see what's going on pretty well. lol
take care...
45
  • #97
  • Sep 23, 2009 8:57pm Sep 23, 2009 8:57pm
Quoting jacson101
Was never a big fan of crowds.

Had a quick look at the indicator and adjusted the settings for a 4h as a default.
To change your timeframe use the corresponding value in minutes.
Timeframe: "5M" = "5" etc.

Thanks again 45!
Your welcome,
Thanks for uploading your template.
I still can't see the indi in the bottom window, mt4 messes with me like that sometimes. One day I can see an indicator in it's window & the next day I can't.
May have to pose the question as to why in one of the other threads.
Even closed several charts and restarted the pc etc, but still no luck yet.
Think I had the exact same problem with the ATR ratio indi that CatP posted.
Maybe it will work tomorrow but I doubt it. Usually when I have that problem with an indi it never goes away, & I just end of deleting it.
Attached Image (click to enlarge)
Click to Enlarge Name: invisible indicators.gif Size: 10 KB
  • #98
  • Sep 23, 2009 9:32pm Sep 23, 2009 9:32pm
Quoting 45Fxguy
Your welcome,
Thanks for uploading your template.
I still can't see the indi in the bottom window, mt4 messes with me like that sometimes....

put this indicator in your Mt4 indicators folder
Attached File(s)
File Type: mq4 FX_Sniper's_Ergodic_CCI_Trigger.mq4   4 KB | 1,105 downloads
  • #99
  • Sep 23, 2009 9:45pm Sep 23, 2009 9:45pm
And this indi. for a risk:reward scheme.
Attached File(s)
File Type: mq4 fibocalc.mq4   12 KB | 708 downloads
  • #100
  • Sep 23, 2009 11:31pm Sep 23, 2009 11:31pm
Quoting jacson101
put this indicator in your Mt4 indicators folder
I had recently removed most of my custom indis while setting up a renko/nitro template, & hadn't put them all back in yet, & was just adding back a few at a time as needed.
Thanks again,
Think your 'Trading Discussion thread', may have to be moved to the 'Trading Systems' folder one day, but no rush.
Attached Image (click to enlarge)
Click to Enlarge Name: cool.gif Size: 20 KB
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