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Attachments: The CARMEN System Indicator
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The CARMEN System Indicator

  • #1,081
  • Jan 15, 2010 5:38pm Jan 15, 2010 5:38pm
Plz read the first post - you can find in post #1 the explanation for this "red" !
  • #1,082
  • Jan 15, 2010 9:47pm Jan 15, 2010 9:47pm
Quoting Baracuda
Please help,

after download and install of carmen v.4.01 I just see red.

Who can help ???

Many Thanks in advance !!!!
camen 401 show red in your M30 chart it's strange.
please try to reduce Xindi_period, may be reduce 10 times
  • #1,083
  • Jan 16, 2010 12:10am Jan 16, 2010 12:10am
Quoting maanawi
Hi Nick,

do you mean v3.1 or the new version? cause i look back at posted pictures attached in this thread and found no repaint on carmen v3.1
Yes, I was using version 3.1.

I'll repeat the exercise on a larger timeframe next week and hopefully I can show you the problem in a smilar way to that on post 1047.

Cheers,
Nick.
  • #1,084
  • Jan 16, 2010 2:22am Jan 16, 2010 2:22am
Quoting Mandl2007
Plz read the first post - you can find in post #1 the explanation for this "red" !
Thanks for your help.

The problem was, the version 4.01 I´v downloaded from paperclip but this was the wrong one. The right version is from page 1 of this thread.

Thanks again !!!
  • #1,085
  • Jan 16, 2010 2:24am Jan 16, 2010 2:24am
Quoting oftenhungry
camen 401 show red in your M30 chart it's strange.
please try to reduce Xindi_period, may be reduce 10 times

Thanks for your help.

The problem wasn´t the time, I´ve downloaded a wrong version of 4.01. (from paperclip) The right one is on first 1 of this thread.

Tanks again!!
  • #1,086
  • Jan 16, 2010 5:00am Jan 16, 2010 5:00am
How Are You aicccia


Quote
I'm now trading using price action and trendlines on 4H and Daily timeframe. So far I'm doing 100x better than I ever did with indicators. I'm really kicking myself for not dropping anything related to mlq sooner.
I am with you with this strategy , like Jacko's thread and some other guys do...then we can take every single price correction on the smallest TF by following the highest TF (H4 and Daily) as the main trend Good Luck Aiccia and success all
It's Designed and Balance
  • #1,087
  • Jan 16, 2010 5:39pm Jan 16, 2010 5:39pm
Quoting crusty
using 15min on all

eurusd
usdchf
gbpusd
usdjpy
eurjpy
usdcad

looking for a good index indicator that compiles multi pairs without repaint
attached indicators?
Attached File(s)
File Type: ex4 RS_GROUP_JPY Strength Index.ex4   6 KB | 495 downloads
File Type: ex4 RS_GROUP_JPY Strength Index for IBFX.ex4   6 KB | 360 downloads
  • #1,088
  • Jan 17, 2010 9:07pm Jan 17, 2010 9:07pm
so wait after all these posts and discussion, was this system any good?
  • #1,089
  • Jan 17, 2010 9:18pm Jan 17, 2010 9:18pm
Quoting creativename
so wait after all these posts and discussion, was this system any good?
Hi
unfortunatley the creator has decided to trade in a different way, take the hint. some people still think that there is merit in carmen
" When the ship starts to sink, don't just pray. JUMP "
  • #1,090
  • Jan 17, 2010 11:13pm Jan 17, 2010 11:13pm
Well, tahiti did warn us. and having re-read his/her posts, i see the point.

the creator did admit the lines were just arbitrary (random).

As stated below.. take the hint.

Quoting Gladis Night
Hi
unfortunatley the creator has decided to trade in a different way, take the hint. some people still think that there is merit in carmen
  • #1,091
  • Jan 18, 2010 7:43pm Jan 18, 2010 7:43pm
I've found 3.1 to be one of my leading indicators. Very helpful for me.

Wondering if anyone has published any settings for other pairs?
I feel like im missing out - GU is the only pair ive noticed ... thx

One issue I do not like - is the red line repaint in 3.1. However, it has not been a real problem other than waiting for price action to return in that direction eventually. I use the red line for entry - not the white cross - because price action seems "strongest" as it moves that direction.

Another habit ive come to realize - is to "reset" the indicator when i arrive in the morning. I notice the repaint and find more accuracy/confidence with signal.
  • #1,092
  • Jan 20, 2010 4:22am Jan 20, 2010 4:22am
my opinion: its better to trade the blue line only with 5ema cross
  • #1,093
  • Jan 20, 2010 5:42am Jan 20, 2010 5:42am
Quoting maanawi
my opinion: its better to trade the blue line only with 5ema cross
Hi maanawi

How successful have you been using your variation, how many pips a week?

How long have you been trading like that for?

Give me all your results since you started trading this variation
  • #1,094
  • Jan 20, 2010 5:57am Jan 20, 2010 5:57am
Quoting Jaula
Hi maanawi

How successful have you been using your variation, how many pips a week?

How long have you been trading like that for?

Give me all your results since you started trading this variation
Here is the template and you can calculate by your self
Attached Image (click to enlarge)
Click to Enlarge Name: carmen.gif Size: 26 KB
Attached File(s)
File Type: tpl carmen v3.1.tpl   35 KB | 734 downloads
File Type: mq4 carmens_eyes_v3.1 Alert.mq4   12 KB | 744 downloads
File Type: ex4 Session Profile.ex4   6 KB | 619 downloads
  • #1,095
  • Jan 20, 2010 8:22am Jan 20, 2010 8:22am
Quoting maanawi
Here is the template and you can calculate by your self
looks good on various time frames
  • #1,096
  • Jan 21, 2010 3:54am Jan 21, 2010 3:54am
Hi all,

Its just a pity that the creator of carmen decided to abandon it and hence the thread is not so active again.

With all the flaws discovered by the creator, carmen is still an amazing tool for me especially carmen 3.1.

The important thing is to know yourself, are u a scalper or a swing trader. Painting or repainting is only an issue for an EA to be created. With the introduction of maanawi's idea of one carmen line, that even makes it easier. I use it to scalp as well as swing. With the wild moves recently being experienced, carmen have been giving a ride to many who know how to drive it.

Thanks again aicca for your work on carmen...... I will suggest that maanawi and all the good contributors to this thread continue to post charts and ideas. If you are looking for the holy grail, I guess this is not the thread...but if you are looking for pips....then welcome on board.
  • #1,097
  • Jan 21, 2010 7:46am Jan 21, 2010 7:46am
Sharing my EA - it looks for a simple 15pip tp. RED LINE CROSS - only indicator used here is Carmen - ohh Carmen - I miss you - please come back.

Other price action rules look to protect original order. remaining orders do nothing but look - get out - if original order does not tp.

no stop loss.

may include an equity SL later - but letting the EA run for now.

Attached Image (click to enlarge)
Click to Enlarge Name: crusty-chart1.jpg Size: 371 KB


Attached Image (click to enlarge)
Click to Enlarge Name: crusty-chart2.jpg Size: 370 KB


Attached Image (click to enlarge)
Click to Enlarge Name: crusty-chart3.jpg Size: 218 KB
  • #1,098
  • Jan 21, 2010 9:49am Jan 21, 2010 9:49am
Quoting crusty
Sharing my EA - it looks for a simple 15pip tp. RED LINE CROSS - only indicator used here is Carmen - ohh Carmen - I miss you - please come back.

Other price action rules look to protect original order. remaining orders do nothing but look - get out - if original order does not tp.

no stop loss.

may include an equity SL later - but letting the EA run for now.

Attachment

Attachment

Attachment
please shar Your EA ,so that i can try it also
thank you
  • #1,099
  • Jan 21, 2010 12:15pm Jan 21, 2010 12:15pm
I post exact entry and exit on carmen on eur/usd 5m.

I try to find a way to avoid these loses -70 pips.. hope some one could help too!

Well there idea i do with trading carmen : if my trade size today is 10k i dont put them all on one per i divide my trades on two or three carmen chances for example :
3k on GU, 3K on EU, and 4k on EJ
Attached Image (click to enlarge)
Click to Enlarge Name: carcar.jpg Size: 106 KB
  • #1,100
  • Jan 21, 2010 3:14pm Jan 21, 2010 3:14pm
Hi Crusty

Are you going to post your EA? Your chart look much different then mine is that a different template too? Since we don't have the author to get answers from we need to help each other.

Thanks in advance for any help or advice.

Jim (MrChips)
Jim (MrChips)
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