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Attachments: The CARMEN System Indicator
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The CARMEN System Indicator

  • #981
  • Jan 3, 2010 2:15pm Jan 3, 2010 2:15pm
Aiccia, I would personally like to thank you for the time and effort you have devoted to Carmen. I think she is one grand lady. The ea would have been nice, but like I said in an earlier post, you have given us a gift, and I thank you for "her". I will continue to treat her like a lady. She has been good to me. Good luck with your future efforts with programming/forex. See you down the road............
I feel more like I do now than I did a little while ago...
  • #982
  • Jan 3, 2010 3:45pm Jan 3, 2010 3:45pm
Hi Aiccia,
It is really a sad news for me to hear that you are no longer developing Carmen.

I had success with 15min or 30 min charts. I just use it as an indicator for me to use to indicate a change of trend. With your permission, if I may...to continue using Carmen V3.1 . I just would like to share with people here how Carmen can be used in another tangent

forexforex


Quoting aicccia
Hey guys, I have some sad news.

I finished the EA and backtested it. And no matter how good the results are over the last 3 months, it always looses money when I forward test it.

I've been messing with indicators and EAs for 4 years now and today I'm finished with them. Like the real pros say, it just isn't worth it. I'll be trading with just trendlines, fibos and round numbers now, which is probably something I should have started doing a long time ago.

thanks for the support on this thread and others, I'll see you guys on the other side....
  • #983
  • Jan 3, 2010 3:52pm Jan 3, 2010 3:52pm
Same here, it works good on 30 min TF. Why don't you let us try the EA? People here might find it useful in their trading.

Quoting Jaula
Hi Aicccia,

Can you post the EA? I found it really works well on the 30 min tf. When the markets trending, Carmen gets you into the trend, when the markets moving sideways, it manages losses perfectly.

I understand you want to trade using support and resistance, fibs etc (I know that is how the professional's trade). But you can use all these important analysis tools(I do) along with one good indicator (Carmen).
  • #984
  • Edited 7:30pm Jan 3, 2010 5:27pm | Edited 7:30pm
Hi aicccia

Do not give up my friend, I guess you are fed up and depressed because you tried to do evrything by yourself, the community at forexfactory is full of fantastic and giving people and they can help. Few of us are trading using CARMEN very successfuly, however, due to work commitments we can not sit front of screen for long time and we do need the EA.

I will ask Stevehopwood to have a look at your thread. If he chooses to help please co-operate with him he is a fantastic EA maker and if he shows an interest there may be a great EA here.

Regards

P.S. I have sent a pm to steve asking for his consideration. For those who do not know his work visit ( http://www.forexfactory.com/search.php?searchid=8708941 ). He has a very big following, I think it is a good idea for aicccia himself to contact Steve and see if he would consider helping.
  • #985
  • Jan 3, 2010 8:26pm Jan 3, 2010 8:26pm
Quoting astral77
Hi aicccia

Do not give up my friend, I guess you are fed up and depressed because you tried to do evrything by yourself, the community at forexfactory is full of fantastic and giving people and they can help. Few of us are trading using CARMEN very successfuly, however, due to work commitments we can not sit front of screen for long time and we do need the EA.

I will ask Stevehopwood to have a look at your thread. If he chooses to help please co-operate with him he is a fantastic EA maker and if he shows an interest there...
Well said. I agree Steve is one fantastic coder. I think the best way would have been to post an unfinished EA so that the FF community could try to help with editing the EA.

Warm Regards,

fxtrader08
  • #986
  • Jan 3, 2010 9:03pm Jan 3, 2010 9:03pm
Like I said a while back.. you may as well draw a horizontal line midway across the screen and sell whenever price crosses below it and buy when price crosses above it.

If it worked for a while it was pure coincidence.

Everyone is trying to find reason and rhyme and explanation in something that in the immediate term is totally random and unpredictable. You can't and won't. Stop driving yourself crazy looking for it.

Nothing can predict the future. So what if price has retraced to 50% of blah blah blah. There is no rule that says it will then go one way or the other.

I know it's human nature to want something for nothing and to live in hope of finding it, though I just can't belive there are so many people who obviously seriously genuinely believed thie whole Carmen thing was going to lead anywhere in this regard.

I hope no one gave up their day job.

I think everyone needs to get it into their head (they will be all the richer for it if they do) that there are no short cuts or magic bullet in this life.

How can you possibly think that one guy on some forex forum could discover the financial holy grail when banks with billions haven't?

It's no wonder there are so many scams happening and Madoff type characters around.. because people really are gullible fools.

Stop living in hope and wake up to reality is the only holy grail you will take away from here.

Even Accaccia has finally had the common sense (except he still thinks there's merit in trend lines etc.) to finally awaken from the dellusional belief that the financial holy grail can be discovered.

If this in itself isn't a strong enough message to everyone, then learn you will never.

The "pro's" (if such a person exists) must have a real laugh reading these forums and all the desperate living in hope/fantasy land comments that people post.

Sure, some of you will think I'm being negative, though anyone who does obviously just can't let go and face reality.

For those who can't, I suggest you ask yourself if you know of anyone, anyone at all, who makes real money in forex?

If you do, the answer will undoubtedly be "NO"!
  • #987
  • Jan 3, 2010 10:01pm Jan 3, 2010 10:01pm
tahiti,
If you got nothing to say something positive, please keep it to yourself. If you got nothing to contribute to FF, please keep your reality therapy to yourself. Why don't you show to us how you are surviving in the forexworld. If you feel that people don't gain from forex, why bother being in FF. Please inject your negative remarks somewhere else. I am sure that many people here in FF find this forum beneficial to them.

Quoting tahiti
Like I said a while back.....
  • #988
  • Jan 3, 2010 10:58pm Jan 3, 2010 10:58pm
Quoting tahiti
...How can you possibly think that one guy on some forex forum could discover the financial holy grail when banks with billions haven't?

Stop living in hope and wake up to reality is the only holy grail you will take away from here...

Even Accaccia has finally had the common sense (except he still thinks there's merit in trend lines etc.) to finally awaken from the dellusional belief that the financial holy grail can be discovered...
A. His handle is aiccia.
B. No one except you has had thoughts about a "holy grail" here.
C. You've offered nothing worth reading to our FF community.
D. I see you've made a whopping 12 posts on FF. I seriously doubt you are an expert in the area of foreign currency trading or that anyone seriously considers anything you've written.
E. Go preach your negativity somewhere else.
  • #989
  • Jan 4, 2010 12:15am Jan 4, 2010 12:15am
Quoting tahiti
Like I said a while back.. you may as well draw a horizontal line midway across the screen and sell whenever price crosses below it and buy when price crosses above it.

If it worked for a while it was pure coincidence.

Everyone is trying to find reason and rhyme and explanation in something that in the immediate term is totally random and unpredictable. You can't and won't. Stop driving yourself crazy looking for it.

Nothing can predict the future. So what if price has retraced to 50% of blah blah blah. There is no rule that says it will then...
I am sorry for your kids.
  • #990
  • Jan 4, 2010 12:17am Jan 4, 2010 12:17am
Quoting tahiti
Like I said a while back.. you may as well draw a horizontal line midway across the screen and sell whenever price crosses below it and buy when price crosses above it.

If it worked for a while it was pure coincidence.

Everyone is trying to find reason and rhyme and explanation in something that in the immediate term is totally random and unpredictable. You can't and won't. Stop driving yourself crazy looking for it.

Nothing can predict the future. So what if price has retraced to 50% of blah blah blah. There is no rule that says it will then...
some posts are just to stupid to warrant a reply
" When the ship starts to sink, don't just pray. JUMP "
  • #991
  • Jan 4, 2010 5:09am Jan 4, 2010 5:09am
Happy new year to everyone.

I just wondered why aiccai have decided to stop the work he started. Personally, I will like to say a big thank you for the work you have done so far on carmen. Even if I have to be trading it manually, it is still a great work from you. Thanks so much. On behalf of all those who have enjoyed carmen, I will like to say thanks.

I also want to say thanks to all those who have contributed positively to this thread. Pls dont let this thread die.

I wish I know how to code, but I trust that we will get an EA for this system.

I wish you all success in this year 2010.
  • #992
  • Jan 4, 2010 5:24am Jan 4, 2010 5:24am
hahahaha, as I predicted.. dreamers abound.

just think back on my words in years to come when you realise how futile this period has been and how much time and money you've spent.

oh, I think there are actually a lot of people living in hope of finding the financial holy grail. When people ask "why did my trade lose even though I followed the system rules", as though there exists some logical explanation for why the "random" and unpredictable forex market generated a losing trade for them, it's a good indication of their expectations.

The reason I've made no "worthy" contributions is because there is nothing worthy to contribute.. indicators just don't work. You simply cannot predict or anticipate the future in forex. Contributing would only fuel the bonn fire of hope that rages in forums like this.

Another thing to ponder if you're still persisting with living in hope: to this day why isn't there one single trade room or signal service that makes money?????? I mean, there's not even one that you can name.

The answer is obvious and if you refuse to accept it and persist with this wild goose chase, to the person who mentioned my "poor kids": it would be better for kids in general if all the parents in here instead spent this time with their kids instead of exiling themselves to their computer screen.

These forums are like being in an Amway meeting or a religious cult.. everyone is a believer despite obvious facts to the contrary.

When the maker of this system after hundreds if not thousands of hours has decided there is no point in continuing, and has been exploring indicators and EA's for 4 years, it's incredible that the message and reality just doesn't sink in.
  • #993
  • Jan 4, 2010 5:47am Jan 4, 2010 5:47am
Quoting tahiti
hahahaha, as I predicted.. dreamers abound.

just think back on my words in years to come when you realise how futile this period has been and how much time and money you've spent.

oh, I think there are actually a lot of people living in hope of finding the financial holy grail. When people ask "why did my trade lose even though I followed the system rules", as though there exists some logical explanation for why the "random" and unpredictable forex market generated a losing trade for them, it's a good indication of their expectations.

The...
with all due respect, are you a trader ?
" When the ship starts to sink, don't just pray. JUMP "
  • #994
  • Jan 4, 2010 6:41am Jan 4, 2010 6:41am
Quoting tahiti
hahahaha, as I predicted.. dreamers abound.

just think back on my words in years to come when you realise how futile this period has been and how much time and money you've spent.

oh, I think there are actually a lot of people living in hope of finding the financial holy grail. When people ask "why did my trade lose even though I followed the system rules", as though there exists some logical explanation for why the "random" and unpredictable forex market generated a losing trade for them, it's a good indication of their expectations.

The...
Hi Tahiti,

Why not keep your opinion to yourself. Rather than be negative, its better to just keep off.

Remember in history before the trains were built, everyone said it cannot be done...finally, it was done and the challenge was to apply the brakes. The people again said, once it start to move, it cannot stop. What do we have today??....

Also remember that it was said that a blackman can never become the president of the US...what do we have today???

Because it has not worked for you does not mean it will not work for others.

For your info.....am trading with carmen on my live account...and am not only breaking even, but making money.

Negative comments are not welcomed....especially in this new year of success.
  • #995
  • Jan 4, 2010 6:46am Jan 4, 2010 6:46am
Quoting forexforex
Hi Aiccia,
It is really a sad news for me to hear that you are no longer developing Carmen.

I had success with 15min or 30 min charts. I just use it as an indicator for me to use to indicate a change of trend. With your permission, if I may...to continue using Carmen V3.1 . I just would like to share with people here how Carmen can be used in another tangent

forexforex
forexforex, could you please PM me your email?
I have something you may interest in. Unfortunately, I'm new member then I cant contact you first.

Hi Aiccia, Thank you so much for your contributed.
  • #996
  • Jan 4, 2010 6:46am Jan 4, 2010 6:46am
Why don't you create your own thread and tell us what you know and share with us what you have gathered during your trading tenure?

If you don't want contribute any of your alleged non-indicator ideas at least, please get your face out of FF.

Quoting tahiti
hahahaha, as I predicted.. dreamers abound.

just think back on my words in years to come when you realise how futile this period has been and how much time and money you've spent.

oh, I think there are actually a lot of people living in hope of finding the financial holy grail. When people ask "why did my trade lose even though I followed the system rules", as though there exists some logical explanation for why the "random" and unpredictable forex market generated a losing trade for them, it's a good indication of their expectations.

The...
  • #997
  • Jan 4, 2010 6:50am Jan 4, 2010 6:50am
Yes, 8 years.

Though I've learned you can't make money from forex in the short term, for reasons stated.

The only way I believe it's possible to make money in forex is with big positions with big TP's and SL's held over long periods and to be right about your bet as to direction and to have made the bet based on fundamentals in the first place.

Hence, forex is typically out of reach of the small guy.

I believe technicals were invented as a ruse to (again) attempt to offer a plausible explanation for random and unpredictible activity and events occuring in the short term in forex so as to keep the bonn fire of hope alive among those who persist in living in it. Technicals are very successful in this regard because people will inherently try and make the price action "fit" into the technical model, even though it generally doesn't, or alternatively people will distort the technicals so as to make the price action appear to have fitted.


Quoting Gladis Night
with all due respect, are you a trader ?
  • #998
  • Jan 4, 2010 6:56am Jan 4, 2010 6:56am
Quoting tahiti

When the maker of this system after hundreds if not thousands of hours has decided there is no point in continuing, and has been exploring indicators and EA's for 4 years, it's incredible that the message and reality just doesn't sink in.
the real holy grail is trendlines and fibos, everyone knows that. The problem is trading trading with trendlines is incredibly difficult to teach a computer to do, so people try to figure out other trading strategies that are simpler to program. Luckily I know how to trade with trendlines and fibos so I'll just go back to that.
  • #999
  • Jan 4, 2010 7:02am Jan 4, 2010 7:02am
Quoting astral77
Hi aicccia

Do not give up my friend, I guess you are fed up and depressed because you tried to do evrything by yourself, the community at forexfactory is full of fantastic and giving people and they can help. Few of us are trading using CARMEN very successfuly, however, due to work commitments we can not sit front of screen for long time and we do need the EA.

I will ask Stevehopwood to have a look at your thread. If he chooses to help please co-operate with him he is a fantastic EA maker and if he shows an interest there...
Hey thats not the problem. I made the EA and it works just like it's supposed to. The problem is that in the long run the small losses outweight the gains. the core strategy is the problem. I suggest everyone learn to trade trendlines and fibos. Trade just off weekly, daily, 4H, and 1H charts and you'll only need to spend 15 minutes at the end of the day reviewing your charts.
  • #1,000
  • Jan 4, 2010 7:08am Jan 4, 2010 7:08am
The reason so many of us in this thread do not want to see the end of your creation is that it has been quite successful for us. The only drawback is the high volume of Screen time needed and that would have been solved by the EA.
Of course you are right, support resistance, Fibonacci and chart patterns are the basics of this game, your indicator had touched upon something special and I think you are now in state of depression after devoting so many valuable hours to this project.
Sometimes someone looking from different angle may be able to come up with a solution. Stevehopwood (please see his EAs, he programming abilities is simply incredible). I sent him a pm and he said he needs more information and he may be able to help. So what have you got to lose please give it one more try and after that I will leave you in peace.
kind regards
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