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The CARMEN System Indicator

  • #301
  • Nov 13, 2009 10:59am Nov 13, 2009 10:59am
Thanks for sharing!I will test it for sure!
  • #302
  • Nov 13, 2009 11:41am Nov 13, 2009 11:41am
Started to develop an EA but the problem with v2.1 is that it repaints. So results were not as should have been...

As per acccia, v 2.8 does not repaint... but I haven't tried the EA code with that version.. Will try that over the weekend.. But i am NOT seeing a good response for v 2.8 (as per comments by some people here).



Quoting Jaula
My favourite v2.1 as well. Never seen anything so simple and effective. Hope an EA developed for it.

  • #303
  • Nov 13, 2009 11:50am Nov 13, 2009 11:50am
so far so good.

Started Carmen 4 days ago on GU, GJ and EJ. had traded about
14 trades on demo acct, 2 losing trades so far but overall profitable.
tp set at 30pips.

i'm using the 2.1 version with the original alert EA. works well for me
at the moment. 1.1 EA is creating lots of messages almost every fractions of a second on the expert log. i cannot refer to which pair is alerted for
action, as it scrolls so fast that i have to replace with the original.
will do more demo somehow....

will spend some time to try ver 2.8. any alert EA as well?

thank you for sharing this system.

happy trading

cheers
  • #304
  • Nov 13, 2009 12:53pm Nov 13, 2009 12:53pm
I like the new version more in ranging market most of the trades are 5-8 pips profitable (- spread) iif you use all lines as reverse points.
  • #305
  • Nov 13, 2009 12:59pm Nov 13, 2009 12:59pm
If you want to optimize your results on your EA, you might consider using a pyramid system to add to your positions when the market is trending.
  • #306
  • Nov 13, 2009 5:23pm Nov 13, 2009 5:23pm
Quoting Jollyroger
I am currently not trading this version since it does not conform to my style of trading but am watching it very closely to evaluate it as a potential EA. Based on observation I believe it would make a dynamite EA. I am watching it on a 15 min timeframe with 75 - 40 -20 settings. I am not watching price at all only the MA as it moves back and forth. I have had no success with the alert that was written by a member. It worked for me once and that was it. I am sure that the 2.8 version is a great improvement over 2.1 and will probably do a comparison...
Hi Jolly

Totally agree with you. An EA for this version would be fabulous!! I hope someone can develop one http://cdn.forexfactory.com/images/icons/icon10.gif I am trading it on demo on a few pairs and so far my results are good. In addition to Carmen, I use pivots for TP and to help me decide in entries and I trade from London open.

Also a big thanks to Aiccia for sharing.....very good indi.
What you do is a reflection of you....what I do is a reflection of me.
  • #307
  • Nov 14, 2009 4:43am Nov 14, 2009 4:43am
Well I do have to say that this is the best indicator for my trading style..5 min chart, I have always been a quick hit trader. the results shown are short term trades, either closed manually or i set the trailing stop (115) on my 5 digit broker. So you can hit and run because there is another trade around the corner.

Thanks and safe trades to all
Attached Image (click to enlarge)
Click to Enlarge Name: HERE.jpg Size: 90 KB
Attached Image
  • #308
  • Nov 14, 2009 6:12am Nov 14, 2009 6:12am
Quoting fxtrial
Well I do have to say that this is the best indicator for my trading style..5 min chart, I have always been a quick hit trader. the results shown are short term trades, either closed manually or i set the trailing stop (115) on my 5 digit broker. So you can hit and run because there is another trade around the corner.

Thanks and safe trades to all
Looks like the rooster system. maybe you posted in the wrong thread?
/ ... clarifying decisions ... /
  • #309
  • Nov 16, 2009 1:07am Nov 16, 2009 1:07am
Seems a little quite here atm.

Hoping for Carmen's eyes to offer some trading opportunities in the next couple of hours.
What you do is a reflection of you....what I do is a reflection of me.
  • #310
  • Nov 17, 2009 2:07am Nov 17, 2009 2:07am
Hope aiccia doesn't mind me posting charts of Carmen.

Here is one nice trade on the 15 AU, price broke through Carmen and retraced back.
Attached Image (click to enlarge)
Click to Enlarge Name: au 15 min.gif Size: 20 KB
What you do is a reflection of you....what I do is a reflection of me.
  • #311
  • Nov 17, 2009 11:57am Nov 17, 2009 11:57am
I've tried saving the newest version of the indicator but for some reason it is not letting me save it in the mt4 or ex4 version, instead it is making me save it in the php version. Does anyone know how to fix this? Thanks in advance.

Antonio
{Promotion Removed}
  • #312
  • Nov 17, 2009 12:31pm Nov 17, 2009 12:31pm
Quoting antonioforex
I've tried saving the newest version of the indicator but for some reason it is not letting me save it in the mt4 or ex4 version, instead it is making me save it in the php version. Does anyone know how to fix this? Thanks in advance.

Antonio
Get it from the paperclip
/ ... clarifying decisions ... /
  • #313
  • Nov 17, 2009 12:41pm Nov 17, 2009 12:41pm
That worked. Thanks!

Quoting walb99
Get it from the paperclip
{Promotion Removed}
  • #314
  • Nov 17, 2009 5:26pm Nov 17, 2009 5:26pm
Can't wait for EA missing a lot of good trades over night.
  • #315
  • Nov 18, 2009 2:36am Nov 18, 2009 2:36am
Another good looking Carmen signal.

Waited for price to return to carmen line and then took long.

Let's see where this one takes us.
Attached Image (click to enlarge)
Click to Enlarge Name: eu 15min.gif Size: 18 KB
What you do is a reflection of you....what I do is a reflection of me.
  • #316
  • Nov 19, 2009 12:10am Nov 19, 2009 12:10am
Hi Ezzy,

which settings for v2.01 do you use?

Thanks and a lot of pips
swakop
  • #317
  • Nov 19, 2009 1:42am Nov 19, 2009 1:42am
Hi swakop

I use the default settings I think they are 35, 50,65.

Cheers
Ezzy
What you do is a reflection of you....what I do is a reflection of me.
  • #318
  • Nov 19, 2009 5:10am Nov 19, 2009 5:10am
Quoting fxtrial
Well I do have to say that this is the best indicator for my trading style..5 min chart, I have always been a quick hit trader. the results shown are short term trades, either closed manually or i set the trailing stop (115) on my 5 digit broker. So you can hit and run because there is another trade around the corner.

Thanks and safe trades to all
.


Nice results Fxtrial

can you please post your indicators and template?

Thank you
  • #319
  • Nov 19, 2009 8:47am Nov 19, 2009 8:47am
Quoting Ezzy
Hi swakop

I use the default settings I think they are 35, 50,65.

Cheers
Ezzy
Default settings are 75, 40, and 20 on the version I am using.
  • #320
  • Nov 20, 2009 12:35pm Nov 20, 2009 12:35pm
Has this thread died. Was following with great interest....
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