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Attachments: HA T3-1 System
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HA T3-1 System

  • #541
  • Feb 12, 2010 9:25am Feb 12, 2010 9:25am
I just figured out that the HA T3 arrows REDRAW PAST ARROWS. I was wondering why I never saw an arrow going completely the wrong direction on the 30 minute chart and now I know why. You guys can trade this system if you like, but I don't trust an indicator that I can't reliably backtest. Good luck.
  • #542
  • Feb 12, 2010 9:46am Feb 12, 2010 9:46am
hey just wanted to know if their are any coders on here? need a simple indicator coded, will pay if i have to
  • #543
  • Feb 12, 2010 10:09am Feb 12, 2010 10:09am
Quoting mastermindg
I just figured out that the HA T3 arrows REDRAW PAST ARROWS. I was wondering why I never saw an arrow going completely the wrong direction on the 30 minute chart and now I know why. You guys can trade this system if you like, but I don't trust an indicator that I can't reliably backtest. Good luck.
From my experience, the arrows only repaint during the current candle's formation. After the candle has closed, the arrow will not repaint.
  • #544
  • Feb 12, 2010 10:23am Feb 12, 2010 10:23am
I decided to trade this system today in a very careful manner (0.1 lots per trade) and my first impression is that it really works.

There are very many bullshit artists around in FF. Some people have started sth like 29 threads for systems that never worked. They post false results and pretend to be professionals.
So, I am happy that there are also people like Tony who share sth very good, sth real.

Well done, Tony, and I will continue with this system for sure!
  • #545
  • Feb 12, 2010 11:01am Feb 12, 2010 11:01am
Quoting Indrek
I decided to trade this system today in a very careful manner (0.1 lots per trade) and my first impression is that it really works.

There are very many bullshit artists around in FF. Some people have started sth like 29 threads for systems that never worked. They post false results and pretend to be professionals.
So, I am happy that there are also people like Tony who share sth very good, sth real.

Well done, Tony, and I will continue with this system for sure!
What trades did you took today, Indrek? Just curious, want to compare
  • #546
  • Edited 11:49am Feb 12, 2010 11:12am | Edited 11:49am
Quoting dnedelchev
What trades did you took today, Indrek? Just curious, want to compare
short EURUSD, long GBPJPY, long GBPCHF, long USDCHF, short EURJPY, long USDJPY - still open, long GBPJPY - still open, long GBPUSD - still open
  • #547
  • Feb 12, 2010 12:10pm Feb 12, 2010 12:10pm
Quoting james275
tony, i'm liking this a lot....
hi jim, this is how you would manage them, step1. Enter first trade and place stop loss at least 30 pips initially. Step 2. You get your first good add on signal, you enter the trade with at least a 30 pip stop loss. Step 3. You move your first entry trade stop loss down to your first add on trades stop loss point. Step 4. You get your second add on signal and it's good to trade, you enter trade and place you stop loss. Step 5. You move all your previous stop losses down to your newest trades stop loss until you are stopped out or you close your trade manually. note exceptions: If after you enter the trade and you get a very large move in your favor and you do not have an add on signal, i would use the 3 bar high plus spread rule or just use the 1 to 1.5 risk to reward ratio to place stop there. Example: I am risking 30 pips on my initial stop 1= 30 pips, .5 would be half of 1=15 pips so total would be 45 pips from entry price. Which ever give you trade room to breathe. I hope this helps, tony
MY GRID. Markets are NOT random.
  • #548
  • Feb 12, 2010 12:22pm Feb 12, 2010 12:22pm
Quoting mastermindg
i just figured out that the ha t3 arrows redraw past arrows. I was wondering why i never saw an arrow going completely the wrong direction on the 30 minute chart and now i know why. You guys can trade this system if you like, but i don't trust an indicator that i can't reliably backtest. Good luck.
sorry for you, back testing means nothing. Forward testing is what really counts. I can not tell you how many traders miss out because the spend their time trying to back test every system. Put it on a demo account and a few pairs and see the results in action. If you are spending your time here and are not forward testing anything, in my opinion you are lazy and wasting your time and also being a discouragement to new traders who are looking to cut through the crap out there. The alert price is what we are concerned with, that is why a price is given in the alert. That is what i go by. I place a line on the bar and horizontal line at the price and go to the 30 min chart if 4 hour trend eval looks good. You have missed the boat on this one. Tony
MY GRID. Markets are NOT random.
  • #549
  • Feb 12, 2010 1:22pm Feb 12, 2010 1:22pm
Quoting mastermindg
I just figured out that the HA T3 arrows REDRAW PAST ARROWS. I was wondering why I never saw an arrow going completely the wrong direction on the 30 minute chart and now I know why. You guys can trade this system if you like, but I don't trust an indicator that I can't reliably backtest. Good luck.
Lol, Backtesting.

Any "real" trader will tell you that taking the time and forward testing a system is the only way to prove it's worth.
Why not make things even easier, just go and buy one of those 97$ robots, they've done the backtesting for you already.

Good luck

Wes
  • #550
  • Feb 12, 2010 1:24pm Feb 12, 2010 1:24pm
hey!! .. im liking this system very much..

tony your a top man thanks.. and to the others that have put a positive hand in to this, bagged me some nice stress free pips today for once. will keep at it now and get some screen time in on it...

many thanks guys, hope to be able to add to this thread next week

have a good weekend!!
  • #551
  • Feb 12, 2010 1:38pm Feb 12, 2010 1:38pm
Quoting wesnel
Lol, Backtesting.

Any "real" trader will tell you that taking the time and forward testing a system is the only way to prove it's worth.
Why not make things even easier, just go and buy one of those 97$ robots, they've done the backtesting for you already.

Good luck

Wes
Good advice Wes. lol.
MY GRID. Markets are NOT random.
  • #552
  • Feb 12, 2010 1:40pm Feb 12, 2010 1:40pm
Quoting hazy
hey!! .. im liking this system very much..

tony your a top man thanks.. and to the others that have put a positive hand in to this, bagged me some nice stress free pips today for once. will keep at it now and get some screen time in on it...

many thanks guys, hope to be able to add to this thread next week

have a good weekend!!
That is why i designed it the way i did to be stress free. i look forward to seeing you here. tony
MY GRID. Markets are NOT random.
  • #553
  • Feb 12, 2010 1:49pm Feb 12, 2010 1:49pm
tony,

can you please turn on ur private message, email option from your profile. I wanted to pm u regarding the system

THanks,
  • #554
  • Feb 12, 2010 1:55pm Feb 12, 2010 1:55pm
Quoting TheFutureAce
tony,

can you please turn on ur private message, email option from your profile. I wanted to pm u regarding the system

THanks,
hi ace pm is active
MY GRID. Markets are NOT random.
  • #555
  • Feb 12, 2010 1:56pm Feb 12, 2010 1:56pm
Hey Tony,

Thanks for your system. I was way to eager when i started testing on Mon and Tues and lost a lot.
But on Wednesday i was alot more patient and didn't just jump straight into a trade at every signal. I've also added a volume indicator (WAE) to qualify a trade even more. And things are looking good.

Thanks again

Wes
Attached Image (click to enlarge)
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  • #556
  • Feb 12, 2010 1:57pm Feb 12, 2010 1:57pm
Hi Tony

Again great system - I do as you suggest. When I get the alert on the 4 HR - I draw lines to note the spot. I don't have to worry about re-paint.

Then I go to 30 min chart to determine if I like to take the trade or not. If I like I trade - if not I don't.
----------------------------------------------------------

With the weekend coming I would like to request a lesson or two on the "Add On Trades"

Are you taking retracement trades on shorter timeframes?
If not, what, and more importantly HOW do YOU do it.

I think enough of us have gotten the basic system of 4Hr/30Min now I'd like to learn the next step in your system.

Thanks in advance for any help given.

Jim (MrChips)
Jim (MrChips)
  • #557
  • Feb 12, 2010 2:02pm Feb 12, 2010 2:02pm
Quoting wesnel
Hey Tony,

Thanks for your system. I was way to eager when i started testing on Mon and Tues and lost a lot.
But on Wednesday i was alot more patient and didn't just jump straight into a trade at every signal. I've also added a volume indicator (WAE) to qualify a trade even more. And things are looking good.

Thanks again

Wes
wes,the w-lnx is all the qualification you need along with the a.o for add on signals for the 30 min chart. remember you manage your trade on the higher time frame. if you are scared to manage the trade from the 4 hour you can at least manage it from the 1 hour chart to keep you in the good solid trends. use your stop loss on all your trades. tony
MY GRID. Markets are NOT random.
  • #558
  • Feb 12, 2010 2:06pm Feb 12, 2010 2:06pm
Quoting tonyb123
use your stop loss on all your trades
You mentioned in your earlier post that you use a stoploss of 30 pips? Is it really working for you? I have traded different setups from H4 chart and usually the stoploss is at least 100 and often even 150 and more pips. Most often it is the last swing high/low or some S&R line.
  • #559
  • Feb 12, 2010 2:08pm Feb 12, 2010 2:08pm
Quoting MrChips
Hi Tony

Again great system - I do as you suggest. When I get the alert on the 4 HR - I draw lines to note the spot. I don't have to worry about re-paint.

Then I go to 30 min chart to determine if I like to take the trade or not. If I like I trade - if not I don't.
----------------------------------------------------------

With the weekend coming I would like to request a lesson or two on the "Add On Trades"

Are you taking retracement trades on shorter timeframes?
If not, what, and more importantly HOW do YOU do it.

I think enough of...
Hi Jim, thanks for the compliments, i just replied to James a few posts back on how to manage the add on signals and i posted some screen shots a number of pages back to display the profitability of the add on signals look through the paper clip folder, the j-pegs should be labeled (ad on calculations) btw, you are doing it just like i do it. not every signal is a trade. thanks tony
MY GRID. Markets are NOT random.
  • #560
  • Feb 12, 2010 2:14pm Feb 12, 2010 2:14pm
Quoting Indrek
You mentioned in your earlier post that you use a stoploss of 30 pips? Is it really working for you? I have traded different setups from H4 chart and usually the stoploss is at least 100 and often even 150 and more pips. Most often it is the last swing high/low or some S&R line.
Hi Indrek, my stop losses are placed from the 30 minute chart just as all add on signals are taken from the 30 minute chart. when i say manage my trades from the 4 hour chart i mean to say make sure there is no sign of a reversal from the indicators. indicating to me that it may be time to close all my trades. i hope this answered your question , tony
MY GRID. Markets are NOT random.
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