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The CARMEN System Indicator

  • #421
  • Nov 30, 2009 8:55am Nov 30, 2009 8:55am
Quoting wvehoven
I just wrote a very rudimentary alert for Carmen, only when blue line is crossed in above or yellow in below. Sends an email as well. Nothing fancy but works for me.
Wendy

THANKS!!!!!!!!
Follow the Trend, thats all
  • #422
  • Nov 30, 2009 9:03am Nov 30, 2009 9:03am
Quoting wvehoven
I just wrote a very rudimentary alert for Carmen, only when blue line is crossed in above or yellow in below. Sends an email as well. Nothing fancy but works for me.
Wendy
You going to be bombarded by messages in range market
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #423
  • Nov 30, 2009 9:51am Nov 30, 2009 9:51am
no, only one per cross at the first tick of each candle.
:-)
or at least that's the way it should be.......
  • #424
  • Nov 30, 2009 10:44am Nov 30, 2009 10:44am
Hi guys,
I do NOT want to turn this thread into an indicator show, as I am sure that would bother Aicccia as well. His whole work is based on simplifying our charts and have an all-in-on indy.
However, I did notice that in conjunction with awesome Oscillator you can filter out most of the bad trades while loosing only very few good ones. What I do is entrying long only when Awesome is near 0 or has only just turned positive and vice versa for short. A lot of the false entries are made when awesome is already at extreme levels. If the entry is a good one, you will more often than not notice a second entry shortly afterwards with the awesome at level 0 or almost.
It is just an idea. Aicccia if this sort of input bothers you just say so and I'll no longer post on this subject. i do not want to hijack your thread or anything.
Wendy
  • #425
  • Edited 1:11pm Nov 30, 2009 12:57pm | Edited 1:11pm
Quoting wvehoven
no, only one per cross at the first tick of each candle.
:-)
or at least that's the way it should be.......
Bro, funny things going on with that "Indy_alert"

"Carmen alert: Carmen top Cross"

"Carmen alert: Carmen bottom Cross"

Ha-ha, now go figure, I have 8 pairs on the screen and which one

is actually crossing???

I'll look into source code and see, if I can also pass that Pair name

variable into that message..

BTW, Newest Indy does have Profit lines show false/true..

So, next time please download it from the 1st page latest version and then

Edit.. Thank you.

P.S

OK, I edit that code here: now it should display Pair name

=============================================
if (newbaropen ){

if (averagefx[i] > top[i] && averagefx[i+1] < top[i+1]&& AlertBoxOn )
{
SendMail(AlertPrefix,Hour()+":"+Minute()+"3Ema crosses UP CarmenTop");


Alert("CARMEN ALERT:" + Symbol()+" BUY Line Crossed ");

}

if (averagefx[i] < bottom[i] && averagefx[i+1] > bottom[i+1]&& AlertBoxOn )
{
SendMail(AlertPrefix,Hour()+":"+Minute()+"3Ema crosses DOWN CarmenBottom");


Alert("CARMEN ALERT:" + Symbol()+" SELL Line Crossed ");
}
}
i--; }
===========================
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #426
  • Nov 30, 2009 1:14pm Nov 30, 2009 1:14pm
Hello Carmen.
Attached Image (click to enlarge)
Click to Enlarge Name: carmen1.gif Size: 16 KB
  • #427
  • Nov 30, 2009 1:58pm Nov 30, 2009 1:58pm
Quoting SkyzerFX
Bro, funny things going on with that "Indy_alert"

"Carmen alert: Carmen top Cross"

"Carmen alert: Carmen bottom Cross"

Ha-ha, now go figure, I have 8 pairs on the screen and which one

is actually crossing???

I'll look into source code and see, if I can also pass that Pair name

variable into that message..

BTW, Newest Indy does have Profit lines show false/true..

So, next time please download it from the 1st page latest version and then

Edit.. Thank you.

P.S

OK, I edit that code here: now it should display Pair name

=============================================...
8Pairs?? I'm only using it on GBP as recommended, that's why I did not include the Symbol() but you're right, it is completer this way.
May I ask which pairs you are trading? Settings?
  • #428
  • Nov 30, 2009 2:10pm Nov 30, 2009 2:10pm
Quoting wvehoven
May I ask which pairs you are trading? Settings?
Sure Settings I posted here:

http://www.forexfactory.com/showpost...&postcount=392

Pairs? All popular:

EURUSD
EURJPY
CHFGPY
GBPJPY
USDCAD
GBPUSD
NZDUSD
USDJPY
AUDUSD
USDCHF
GBPUSD

But still playing on Test account so far

Personally I never trade 5-30m time frames.. I prefer


H4-Daily that's what I trade on Real Account

1M-30M it's like stocks day-trading or Casino BlackJack game for me.

I think 99% of the people lose money trading that way eventually.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #429
  • Nov 30, 2009 2:28pm Nov 30, 2009 2:28pm
Got the buy signal...long @1.6450
Attached Image (click to enlarge)
Click to Enlarge Name: gpbusd_long.gif Size: 34 KB
  • #430
  • Nov 30, 2009 2:35pm Nov 30, 2009 2:35pm
Quoting SkyzerFX
Sure Settings I posted here:

http://www.forexfactory.com/showpost...&postcount=392

Pairs? All popular:

EURUSD
EURJPY
CHFGPY
GBPJPY
USDCAD
GBPUSD
NZDUSD
USDJPY
AUDUSD
USDCHF
GBPUSD

But still playing on Test account so far

Personally I never trade 5-30m time frames.. I prefer


H4-Daily that's what I trade on Real Account

1M-30M it's like stocks day-trading or Casino BlackJack game for me.

I think 99% of the people lose money trading that way eventually.

Hi,

Do u use carmen on 4HR TF as well??.... What settings do u use for the 4HR - Daily TF so that the lines are not thinned out...

I miss most of today's action...whaooo....reall action for a monday.

Cheers
  • #431
  • Nov 30, 2009 2:37pm Nov 30, 2009 2:37pm
That shld be a buy on EURJPY...but will this time of the day favour the move...??...we shall see..
  • #432
  • Nov 30, 2009 3:02pm Nov 30, 2009 3:02pm
Quoting Ibuks
Hi,

Do u use carmen on 4HR TF as well??....

Cheers
I'm experimenting with lot's of stuff now, Renko charts, different

brick sizes... So far don't have a clear answer what is the best..

I'll let you guys know.. Just need more time..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #433
  • Nov 30, 2009 4:05pm Nov 30, 2009 4:05pm
Quoting candletrader
Got the buy signal...long @1.6450
Exited @1.6438.
  • #434
  • Nov 30, 2009 4:05pm Nov 30, 2009 4:05pm
Quoting SkyzerFX
I'm experimenting with lot's of stuff now, Renko charts, different

brick sizes... So far don't have a clear answer what is the best..

I'll let you guys know.. Just need more time..
I tried renko myself with 10pip bricks. 4h and daily are great for j16 trading but My account is too small to afford the SL required. I am trading a mix of ichimoku and bat at 15min charts and that is going quite well.
Now I am giving Carmen a shot when possible.
We'll see.
  • #435
  • Nov 30, 2009 4:45pm Nov 30, 2009 4:45pm
Quoting candletrader
Exited @1.6438.
SL should be way smaller that 12? Mine is like 6+spread so 9
  • #436
  • Nov 30, 2009 4:52pm Nov 30, 2009 4:52pm
Quoting Sim
SL should be way smaller that 12? Mine is like 6+spread so 9
What maximum size SL would you recommend on a 5 min chart?
  • #437
  • Nov 30, 2009 4:54pm Nov 30, 2009 4:54pm
Quoting Sim
SL should be way smaller that 12? Mine is like 6+spread so 9
My broker is giving me a 5pips spread to trade this pair, so 9 pips SL is very tight. At this moment, prices are very choppy...got a sell signal a moment ago (stopped out -12pips again), and now the last signal is a buy @ 1.6446.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdL.jpg Size: 52 KB
  • #438
  • Nov 30, 2009 4:58pm Nov 30, 2009 4:58pm
That is a disgusting chop zone! Stay out for a while

And a broke giving spreads of 5 on GU is horrible...who are you with?
  • #439
  • Nov 30, 2009 4:59pm Nov 30, 2009 4:59pm
Quoting Jaula
What maximum size SL would you recommend on a 5 min chart?
Only look at m1 sorry, the concept doesn't fit for me on anything above
  • #440
  • Nov 30, 2009 5:05pm Nov 30, 2009 5:05pm
Quoting Sim
That is a disgusting chop zone! Stay out for a while

And a broke giving spreads of 5 on GU is horrible...who are you with?
Well, the idea for Carmen is to handle choppy zone as much as catching a good trend...so I will take every signal it gives me, as long as I have my eyes hooked to the monitor:-)

Unfortunately, this is a only forex broker availabe for us in Chile (it is called forexchile)...I am thinking to go with alpari UK, or fxdd, in the near future...any recommendation?
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