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Attachments: The CARMEN System Indicator
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The CARMEN System Indicator

  • #801
  • Dec 18, 2009 9:06am Dec 18, 2009 9:06am
Quoting aicccia
I will be posting the new version momentarily.

Thanks for waiting.

Hey Aicccia,

I'm really looking forward to v.4! May I enquire if with the new version any of your recommended rules, time frames, etc, have changed also?

Thanks,

Pushers
  • #802
  • Dec 18, 2009 9:11am Dec 18, 2009 9:11am
I have just posted CARMEN v4 on the first post.

She behaves and looks different from v3.1, so even you've been using CARMEN since day 1, please re-read the first post as its been updated with the new rules and features.

Also as I said before, I'm not putting out the source code anymore. So CARMEN is just an .ex4 file, which means all you need to do is put her in your indicator folder. There is no need to compile her.
  • #803
  • Edited 9:39am Dec 18, 2009 9:38am | Edited 9:39am
Quoting aicccia
I have just posted CARMEN v4 on the first post.

She behaves and looks different from v3.1, so even you've been using CARMEN since day 1....
HI

Thanks you are just amazing. Just loaded up and at 15:23GMT (8 minutes ago) conditions for Short was met after 5 minutes 10 pip up.

I notice you say M1 time frame only and havingchanged the time frames I can see the V4 does not work. Can this be used with other Pairs or just GBPUSD? I can see this thread is now buzzing (47 VIEWERS!) , any news on the EA?

Sorry to bombard you with questions. Just reply if you are feeling up to it.

Kind regards
  • #804
  • Dec 18, 2009 9:39am Dec 18, 2009 9:39am
Thank you so much aicccia! Will be studying it this weekend.
I am still 30 pips up on my V3 trade :-)
  • #805
  • Dec 18, 2009 9:40am Dec 18, 2009 9:40am
Thank you for publishing V4. It looks very promising. However, I have a few questions, if you don't mind:

1. The default line colors are green, with a thickness of 5. When I try to reduce them to 2, they stay that way for a while, but then a refresh makes them thickness 5 again. Are these locked down to that setting, or will we be allowed to change them to suit our visual preferences?

2. The settings section is all predefined. Are these the optimal settings for the GU pair, and what options do we have here for other good values.

3. I presume you're still advocating the use of the M30 time frame, correct?

Here is a screen shot off my system. Does it look right to you?

Thanks,
Ed
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 53 KB
  • #806
  • Dec 18, 2009 9:52am Dec 18, 2009 9:52am
thks aicccia for ur version 4.1.. would definitely try it out.. was waiting for a EA to go with the indicator... that would be a perfect match.

but i think i will still use ver 3.1 for GBPUSD 30mins TF based on forexforex advice for entry and exit. What u think? may i know wat are the flaws in ver 3.1?
  • #807
  • Dec 18, 2009 9:58am Dec 18, 2009 9:58am
Quoting enewbold
Thank you for publishing V4. It looks very promising. However, I have a few questions, if you don't mind:

1. The default line colors are green, with a thickness of 5. When I try to reduce them to 2, they stay that way for a while, but then a refresh makes them thickness 5 again. Are these locked down to that setting, or will we be allowed to change them to suit our visual preferences?
I'll put out a quick update that will make the line thickness customizable.

Quoting enewbold
2. The settings section is all predefined. Are these the optimal settings for the GU pair, and what options do we have here for other good values.
These are close to the optimal settings for GBP/USD. I have never optimized the settings with a computer. As for other pairs, just mess around and find what works best. If the system is really good, then finding the perfect settings shouldn't be necessary.

Quoting enewbold

3. I presume you're still advocating the use of the M30 time frame, correct?
I have never advocated the M30 timeframe. I have always advocated the M1 timeframe. The lower timeframe allows you to get in good trades sooner and out of bad trades quicker.

Quoting enewbold
Here is a screen shot off my system. Does it look right to you?
Yes.
  • #808
  • Dec 18, 2009 9:59am Dec 18, 2009 9:59am
Quoting astral77
HI

Can this be used with other Pairs or just GBPUSD?
It can be used on any pair, but the settings would probably need to be tweaked for other pairs.
  • #809
  • Dec 18, 2009 10:04am Dec 18, 2009 10:04am
Quoting KPForex
thks aicccia for ur version 4.1.. would definitely try it out.. was waiting for a EA to go with the indicator...

but i think i will still use ver 3.1 for GBPUSD 30mins TF based on ...
I know 3.1 is tried and tested and I like forexforex method of using Carmen, but V4 is something else. In less than 45 mintes 54 pips!!! Just amazing. I would suggest that you use the two versions on two different charts.

By the way people please do read AICCCIA`s post 1. it seems V4 works on M1 TIME FRAME ONLY.
  • #810
  • Dec 18, 2009 10:05am Dec 18, 2009 10:05am
Quoting aicccia
I'll put out a quick update that will make the line thickness customizable.
Great! I appreciate that.


Quoting aicccia
These are close to the optimal settings for GBP/USD. I have never optimized the settings with a computer. As for other pairs, just mess around and find what works best. If the system is really good, then finding the perfect settings shouldn't be necessary.
Got it.


Quoting aicccia
I have never advocated the M30 timeframe. I have always advocated the M1 timeframe. The lower timeframe allows you to get in good trades sooner and out of bad trades quicker.
Thanks very much for both the time frame clarification and for your hard work. I appreciate the thought and professionalism you've displayed with your indicator.

A million thanks,
Ed Newbold
  • #811
  • Dec 18, 2009 10:12am Dec 18, 2009 10:12am
Aicccia what do you think the best settings for the 30 min tf?
  • #812
  • Dec 18, 2009 10:16am Dec 18, 2009 10:16am
Thank you very much aicccia! Although I use CARMEN in 30min, I have been using 1min as well. Both charts are promising. I will definitely test your latest version.
Than you again, Aiccia...I already bagged hundreds of pips using Carmen.
  • #813
  • Dec 18, 2009 10:50am Dec 18, 2009 10:50am
Hi All,

How did you download the new version to your chart? I get a message that Windows cannot open the file.
Thanks.

pipsacker
  • #814
  • Dec 18, 2009 10:51am Dec 18, 2009 10:51am
Quoting aicccia
It can be used on any pair, but the settings would probably need to be tweaked for other pairs.
Thanks very much. If and when you have spare time any suggestions and recommendations (e.g. suitable pairs and settings) would be greatly appreciated. You have done so much I feel guilty asking for more.

I also think that Forexforex`s approach to your system is the most suitable and any feedback from him would be most welcome.

Thanks once again.
  • #815
  • Dec 18, 2009 11:04am Dec 18, 2009 11:04am
Hi All,

Figured it out, had to download it from the paperclip.

pipsacker
  • #816
  • Dec 18, 2009 11:20am Dec 18, 2009 11:20am
Thanks for the minor mod to v4. v4.01 is working just great now.

Cheers,
Ed
  • #817
  • Dec 18, 2009 11:31am Dec 18, 2009 11:31am
Hi aicccia,

A quick question on how you trade Carmen 4. When you enter a trade where do you set your SL?

Thanks,

Pushers
  • #818
  • Dec 18, 2009 11:50am Dec 18, 2009 11:50am
Many Thanks Aicccia for your work and generosity.




I have enough money to last me the rest of my life, unless I buy something.
(Jackie Mason).
  • #819
  • Dec 18, 2009 12:22pm Dec 18, 2009 12:22pm
Haven't been around for a while, WoW i missed 2 versions already
Will start testing V4.1 Thanks Aiccia
  • #820
  • Dec 18, 2009 12:46pm Dec 18, 2009 12:46pm
Hello aicccia.

When I open my Metatrader, sometimes the alarm goes off incessantly - sounds like a machine gun or something. This happens even if I have the alarm set to 'off'. I then close Metatrader and re-open and the alarm doesn't go off anymore. Not sure what is going on. Also the way I changed thickness on the lines resets itself back to the default setting, colours stay the way I set them. And please, this is not complaining, just trying to help with the debugging.

Thanks again aicccia
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