Vostok 1 - A new approach

Vostok 1 System

Hey FF, I've been using manual systems I've found here on FF and other forums since June and while I like a lot of them, they each have their flaws. Vostok 1 indends to close some of these gaps and introduce some "new" concepts to FF. I didn't personally program one iota of any inidi in this system, I've simply put different indis together around a basic concept. The real credit goes to all the people who put in the actual work on this. I'll have an updated thanks section soon.

Vostok 1 is about finding trend reversal points so we get in as fast as possible, while maintaining a tight SL and clear projected TP's and holding times for every situation.

1. Download the zip file. Put the indis in their place and the template file in its place too.

2. Open up your favorite pair, m5, and load up Vostok 1.tpl

Vostok 1 isin't about strict rules, rather perfecting your "6th sense" and managing trades with the best information possible. That being said, one of the hard rules is, do not trade against a bomb. Do not go short on a green bomb or long on a red bomb. The result on your equity if you do so is not metaphorical.

Another thing to take into consideration before anything else, if a new high or low is hit in relation to the last 40 bars, you must re-load ZUP. This will be pretty obvious.

NMR note (The two parallel grey lines at the bottom): When the upper and lower bounds of NMR break the 3.77 level, this means the likelihood of our models holding up begin to diminish. At 15+ the models are basically worthless because of the high volatility. Think of it as a efficiency gauge for andrews pitchfork, fibs etc... If this happens to you get out of whatever position you are in and don't try to trade it. It might be nice if you're on the right side of this but might be catastrophic if not... Also note I've optimized the set for EUR/USD, so for other pairs this setting may be different.

Vostok 1 has a few major entry points (listed in order of importance). Often times you will see many of them combined, I'd say you need at least 2-3 of these for a trade. SN's to come in the near future... (pls submit them too...)

1. Bounce off 144 EMA

2. Fib pivot.

3. Upper/Lower boundary of Andrews pitchfork

4. RSI/NMR crossover

5. Bounce off lower/upper bound VTS. The green/red dotted lines.

6. Green/red bomb. Green for long, red for short. You might want to wait for price to hit another entry point before going in.

7. Harmonic pattern. Usually pretty weak on m5 but don't trade against it.

TPs and SLs

I'll generally take partial exits at ISL/fib arc intersections or wait for an opposite signal depending on volatility. Entries and exits are always informed and NEVER "fly blind". If you have absolutely no clue of where price action will go, you should exit.

For SL's use whatever LWL/UWL (lower/upper warning line) you are comfortable with. Know that the father into those lines you get, the less reliable the models become.

Updated to 1.1

Uses ZUP83 instead of 82

Zup info should work now, Harmonics/Gartley are now more reliable

Please Scale fix your charts or else things will look funky....

Legal warning: Neither I, FF or anyone else on the forum is responsible for your gains or looses. Any testing period less than 3 months shows a complete lack of responsibility... Don't be dumb, test first

Hi Joe,

Downloaded your file from the paperclip to have a look. I cannot open it.
It says the file is corrupted or invalid. Could you check it out?
Thanks.

pipsacker

Oh my god, it looks like a radar of the armed force. Thank for sharing.

The chart looks too good.. But can you pls explain with chart how to use this system.

Thanks
Prakash

Everything seems fine on my end, but I've re-uploaded just in case

This week I'll post SNs. The version I've used in the past is a bit different than what's on here so they wont make sense. Hopefully we'll have members post good and bad trades this week so we can analyze them a bit.

Thanks, Joe. Still does not work for me.

pipsacker

Better put ZUP v 83,i worked with ZUP V83 long and works good but i dont have time to wait for Patern to be created and that is worst thing in ZUP...


Cheers

Ey Petar thanks for stopping by. We're not really looking for harmonics here since we're trading on such a low TF, instead we're looking for prices to follow andrews pitchfork and fib levels.

There doesn't seem to be a huge difference from ZUP 82 to 83, but I'll update soon. Thanks for the link.

-Joe

Hey just wanted to analyze a trade with you guys for the sake of analyzing.

I wouldn't have taken this trade in normal circumstances but I like it for the sake of analysis.

Sorry for the bad paint skills, I need PS on my PC....

Try to use different browser and download it again. Ones interrupted

due to the bad connection (few bytes are missing and it's enough

for zip file not open properly),

second time it will probably use cache, that's why same problem occur.

Thanks, Sky. I will give it a try.

pipsacker

Those bombs of yours are repainting badly.

Ya they do, and thats kind of the point. When we see a bomb we wait until we get confirmation from other sources.

Think of the bombs as an alert to a trade situation that's developing.

On a side note I'm working on Dynamic settings for ZUP that work on multiple pairs. So far I'm getting good results for EURUSD but not so much on other pairs. Stay tuned

Hi,

The system looks interesting. But can you please post some example trades so that we can understand.

Thanks,
Prakash

Hi Prakash,

I'm a little bit busy this week, sorry for the delays. We'll have more Sn's next week.

I'm working on ways of improving Vostock by adding bollinger bands, and other indis, stay tuned...

Thanks friend.

Waiting for your updates.

Prakash

Here's a EURUSD trade that worked out well during the London session this morning. Also I've attached a working template for a new version of Vostok, though not official yet.

Heres a EURGBP traded at the same time as the EURUSD, note that when you get a really "fresh" pitchfork, we don't need golden circle, we follow fib arc instead. I'm not going to sketch it up, but you get the idea....

Can you please indicate in your chart which one are which indicators. Not sure which one is Pitchform, which one is the other.. Little confusion over them. So Please indicate the indicators and then give us few rules to follw then I think it will be easy for us to follow u.

Thanks,
Prakash