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Attachments: The CARMEN System Indicator
Exit Attachments

The CARMEN System Indicator

  • #541
  • Dec 2, 2009 10:21pm Dec 2, 2009 10:21pm
Aicccia,

Just wanted to drop you a note to say thank you again for all your hard work in developing this indicator. What I like about your system/method is that one doesn't need to adulterate one's charts with loads of indicators, thus freeing the trader to focus on pure price action pattern, which I believe is just as important as money management.

What I've noticed is your version (with original settings) shows how 20:34 and 22:02 (GBP/USD 1-MIN) stopped right at the upper band of carmen before reversing telling us we have more upside potential.

This indicator has helped me stay in the trend & correct my overtrading tendencies and as such, I have paid WAY LESS in spreads/commissions. My first thoughts during initial testing 3.1 was that this must be how the Big Boys (institutional) trade

Well done!
  • #542
  • Dec 3, 2009 1:14am Dec 3, 2009 1:14am
Hi all,

Its dat time of the day tostart looking for trades...but i guess am late to start up today. GU 1min seems to have taken off without me even up to 15min tf.... but looking at 15min EJ with a little more risk, it seems to be worth the buy if there is still more room to go on the upside.

R1 has been cleared, will it get to R2, R3 ?....Knowing EJ, R2 shld be easy barring any news. I will take a risk of buying EJ @ 56-60 with sl below my R1 (which coincide with the orange profit line).

Anyone got into the GU??...too late for me
  • #543
  • Dec 3, 2009 1:47am Dec 3, 2009 1:47am
alert function changed, tested new version with simulator.
Attached File(s)
File Type: mq4 carmens_eyes_v3.1 Alert.mq4   11 KB | 886 downloads
/ ... clarifying decisions ... /
  • #544
  • Dec 3, 2009 3:05am Dec 3, 2009 3:05am
Looking at the pretty lady (carmen) today on my few pairs, there does not appear to be any potential trades. Is anyone seeing any different?...please share.

Walb, I'll try that alert, many thanks.
What you do is a reflection of you....what I do is a reflection of me.
  • #545
  • Dec 3, 2009 3:20am Dec 3, 2009 3:20am
Quoting SkyzerFX
While it's quite here, I'll present what I'm talking about earlier..

This is what I'm doing in real time... The Area when I market buy

I mean start buying 0.40-0.50-0-60.0.70 and keep buying every 100 pips

(if it goes lower/higher) or I spread it like every 20 pips for 0.40 (0.08 every 20pips) for 0.50

(0.10 every 20pips ) and so on.. Keep buying NO SL, pair will always

return to 200 EMA. The problem is, when you scroll you might find only

2-3 similar pictures for pair in MONTH and most people "surprisingly"...

Maybe its just me...but ur chat is just too complicated.

Trading shld not be that difficult...just me anyway.

Anything too complicated, I get confused. Thats why carmen suit me.

Cheers
  • #546
  • Dec 3, 2009 3:43am Dec 3, 2009 3:43am
Price is about to cross the channel on the down side on the 15 min tf and the 1hr is not too far behind.

Just like yesterday, I would suggest caution on signals going south. If anyone has a difference of opinion please share.

Cheers to all.
What you do is a reflection of you....what I do is a reflection of me.
  • #547
  • Dec 3, 2009 3:53am Dec 3, 2009 3:53am
Hello Everyone,

For everyone who is using Carmen, are you guys using the original settings?

What about for larger time frames like the 15m 30m 1hr etc, are you guys still using the same settings?

Thanks
  • #548
  • Dec 3, 2009 4:09am Dec 3, 2009 4:09am
Quoting Ezzy
Price is about to cross the channel on the down side on the 15 min tf and the 1hr is not too far behind.

Just like yesterday, I would suggest caution on signals going south. If anyone has a difference of opinion please share.

Cheers to all.
Yea Ezzy,

The GU actually crossed down on the 1min, good for about 20 pips but bounced back and its crossing down again.

I think this is where caution need to be applied and I belief this is where the EA will be of great assistance...taking out emotion...
  • #549
  • Dec 3, 2009 4:10am Dec 3, 2009 4:10am
Quoting mannai70
Hello Everyone,

For everyone who is using Carmen, are you guys using the original settings?

What about for larger time frames like the 15m 30m 1hr etc, are you guys still using the same settings?

Thanks
Hi Mannai,

I am using the default settings for all the tf I look at with good result.
  • #550
  • Dec 3, 2009 4:29am Dec 3, 2009 4:29am
Thanks Ibuks,

Has anyone been looking at pairs other than G/U with good results with the original settings?

I was just viewing the E/U with the original settings on the V3.01 and it seems to work nicely.

Any thoughts?

Thanks
Mannai
  • #551
  • Dec 3, 2009 5:20am Dec 3, 2009 5:20am
Is anyone watching GU 1 min?? It is just chopping around...up, down, up down... anyone watching. 1 Hr is still above the blue line, same as 15min. 5 min broke to the down side but its back in the carmen again....

It will definately go either way...but we must be careful...

Any comment??
  • #552
  • Dec 3, 2009 5:23am Dec 3, 2009 5:23am
I have turned into 5min. to lessen the number whipsaw, and currently short at 1.6643.

1.6624 is a strong pivot level. Prices can get very choppy around this level.

Awaiting aicccia's next version to test it again in 1min TF.
  • #553
  • Dec 3, 2009 7:22am Dec 3, 2009 7:22am
Quoting candletrader
I have turned into 5min. to lessen the number whipsaw, and currently short at 1.6643.

1.6624 is a strong pivot level. Prices can get very choppy around this level.
Short still looks good...let's see 1.6624 pivot level can be broken soon.
Attached Image (click to enlarge)
Click to Enlarge Name: gpbusd_short.gif Size: 26 KB
  • #554
  • Dec 3, 2009 10:36am Dec 3, 2009 10:36am
I would like to say thank you to aicccia.
v3.1 is amazing

I am looking at it in 5m tf.
and it is really good.

sincerly i don't understand many things around here, only watching at it I can find very good entry and exit point, what else is needed?

I think that an EA based on this version, with just two take profit based on the new two lines would be perfect.
easy and perfect

once obtained we could start with setting optimization.


thanks again aicccia
  • #555
  • Dec 3, 2009 4:57pm Dec 3, 2009 4:57pm
Many thanks to walb99. His version works great when the version from the 1st posts crashes my system.
  • #556
  • Dec 3, 2009 7:33pm Dec 3, 2009 7:33pm
Quoting walb99
alert function changed, tested new version with simulator.
Is this copied into the indicators or experts folder?
  • #557
  • Dec 3, 2009 8:11pm Dec 3, 2009 8:11pm
Quoting walb99
alert function changed, tested new version with simulator.
Thanks walb99....appreciate it very much.
  • #558
  • Dec 3, 2009 8:12pm Dec 3, 2009 8:12pm
Quoting Jaula
Is this copied into the indicators or experts folder?
In the indicator folder.
  • #559
  • Dec 3, 2009 9:52pm Dec 3, 2009 9:52pm
Can the alert text a cell phone ?
  • #560
  • Edited Dec 4, 2009 1:19am Dec 3, 2009 10:53pm | Edited Dec 4, 2009 1:19am
Quoting Rowdyfx
Can the alert text a cell phone ?
E.G. You can put your mailbox-settings to send you SMS when eMail from MT4 arrives.
/ ... clarifying decisions ... /
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