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NanningBob's 4H Sellhigh BUYLOW

  • #141
  • Mar 30, 2010 4:06am Mar 30, 2010 4:06am
Here is what I have been testing. The EA only enters between the two MA lines. You will have to monitor when you want the Sell EA on and the BUY EA on, but the best time would be to turn it on as price comes down from above or up from below the line. You will have to determine when you want to TP, turn it off, and stop losses. I am using a ML version here and it has done very well. I ran into problems if I leave it running too long on a trend. It will take some knowledge of fundamentals to trade this or use it for one or two runs on the trend and then take it off. So I recommend the high low EA above/below the lines and then follow the trend back into the center for one or two trades.

The sell ea works only when the 6 is below the 6 shifted 1 and the buy only works when the 6 is above the 6 shifted 1. It is meant to be used when you want to reenter the trend on a retrace. You missed the first move but you want to catch the 2nd or 3rd. I put some arrows on the chart to show where it would enter.
Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: usd chf.gif Size: 21 KB
Attached File(s)
File Type: zip 6x6 trend sellbuy.zip   43 KB | 566 downloads
  • #142
  • Apr 1, 2010 12:21am Apr 1, 2010 12:21am
Quoting nanningbob
Over the years we have developed several trading models that have worked under certain conditions. If you trade with some street smarts the different EAs have done well. We have range trading EAs that function very well if you stay away from the really big news stories.
Trading a currencies range is found at: http://www.forexfactory.com/showthread.php?t=150293

A second system of trading which is my favorite and I trade live all the time as a counter trend trading system is found at: http://www.forexfactory.com/showthread.php?t=169309...
Can anyone advise how to put NB STO. NB RSI, NB MACD into one window /
  • #143
  • Apr 19, 2010 5:59am Apr 19, 2010 5:59am
Still using this system bob -

made some decent profit, though im just using it manually.
  • #144
  • Apr 19, 2010 6:22am Apr 19, 2010 6:22am
Quoting scottik187
Still using this system bob -

made some decent profit, though im just using it manually.
I am incorporating the EA into my 4H system as a 1,2,3 swing trade. I will try to put that all together this weekend. I use the EA under certain conditions and will try to explain them when I set up the 6x6 system.
  • #145
  • Apr 19, 2010 11:23am Apr 19, 2010 11:23am
Quoting nanningbob
I am incorporating the EA into my 4H system as a 1,2,3 swing trade. I will try to put that all together this weekend. I use the EA under certain conditions and will try to explain them when I set up the 6x6 system.
This seems like a good system but I understand it properly. Is it we just load the EA or have to set it up ?
Which is the best version to use?
And what are the entry and exit for the EA ?

thanks
  • #146
  • Apr 19, 2010 7:49pm Apr 19, 2010 7:49pm
I am sorry to say this but I have never been able to successfully trade the trend. You always end up in the middle where anything can happen. For example once you believe you are in a trend, it could already be over. I have been much more successful as a countertrend trader. I am going to incorporate one follow the trend trade in my 4H trading system after price has changed directions. But that is probably it unless I know some strong fundamentals are going to drive it farther. Good trend traders trade higher TF and know the news. They will stay in a trade for weeks or months and I am not that kind of trader. Too impatient to do that. I like staying in trades 4 hours to a couple of days. If you take swingman's indicator and use the trend following EA from line to line you may do well but I have not tested it enough to come to any final conclusions. That is why I posted this in a separate thread so people could test it and find how to use it best. It takes years to really develop a sound trading system. I have used my RWB lines from my 4H trading system for years but I had not come a clear consistancy with it until last year. I think I know how to trade that system in every market condition now but it tooks years to learn it. The same with my 60x90 systems and their variants. It took a couple of years to really develop it into a consistant winning system. The same with this. Over and over you hear so called experts say, sell the rallies and buy the dips but they give you no system to decide when to do that. I tried to give a good spot to do that with this system. It needs experiential knowledge to go with the system now. That is the part of trading learning how something works in all market conditions. This is not there yet. Sorry.
  • #147
  • Apr 25, 2010 2:34am Apr 25, 2010 2:34am
Quoting nanningbob
Here is the same USD CHF today. I put a white line where the purple lines used to be. The indicator will clean off previous lines because they are no longer needed and prevent your computer from clogging up with too much information. That is not a repaint issue either, the indicator did not change its mind it is just past the time of record. It is now waiting for the next time conditions are met to give its signal.
Bob,
Great system. I will finish reading, download and Demo on IBFx. One question though. Feb 16 had a nice move up but there are no bars. Was the EA on?

Regards.
  • #148
  • Apr 25, 2010 10:41am Apr 25, 2010 10:41am
Quoting nanningbob
I am sorry to say this but I have never been able to successfully trade the trend. You always end up in the middle where anything can happen. For example once you believe you are in a trend, it could already be over. I have been much more successful as a countertrend trader. I am going to incorporate one follow the trend trade in my 4H trading system after price has changed directions. But that is probably it unless I know some strong fundamentals are going to drive it farther. Good trend traders trade higher TF and know the news. They will stay...
Hi Bob !

I have an idea to develope, improuve your system, and perhaps to create a new EA.
A mixx between DeMarker indicator see here:
(http://www.forexfactory.com/showthread.php?p=124820;
http://www.forexfactory.com/showthread.php?t=8915
http://www.forexfactory.com/showthread.php?t=9509


and a pattern like this, see Jankone thread,
http://www.forexfactory.com/showthread.php?t=163972

and if it needs Volume Enhanced _V2.
http://www.forexfactory.com/showthread.php?t=127271&page=1187

Maybe with help of Swingman, it will work. If will not be an EA, it’s good also an indicator.
What do you think?
  • #149
  • Mar 6, 2011 10:16am Mar 6, 2011 10:16am
Quoting nanningbob
I am sorry to say this but I have never been able to successfully trade the trend. You always end up in the middle where anything can happen. For example once you believe you are in a trend, it could already be over... I tried to give a good spot to do that with this system. It needs experiential knowledge to go with the system now. That is the part of trading learning how something works in all market conditions. This is not there yet. Sorry.
Dear bob,

I am confused...Did you have been abandon this system or not ?
or have others still using the NanningBob's 4H Sellhigh BUYLOW system ?
could someone share some experience .


sincerely from devonfgu
  • #150
  • Mar 7, 2011 4:11am Mar 7, 2011 4:11am
Quoting Devonfgu
Dear bob,

I am confused...Did you have been abandon this system or not ?
or have others still using the NanningBob's 4H Sellhigh BUYLOW system ?
could someone share some experience .


sincerely from devonfgu
Hi
The last activity was in May of last year. To my knowledge no one is using this system. For Bob`s latest trend trading system go to http://www.forexfactory.com/showthread.php?t=274194

Regards
  • #151
  • Mar 9, 2011 12:18am Mar 9, 2011 12:18am
I really cannot understand why you would need an EA for a 4 hour method, surely its not to difficult to look at a chart every 4 hours.
This is a brilliant method and I intend to continue trading with it manually, after all, the most powerful computer is between your ears !
  • #152
  • Mar 9, 2011 12:30am Mar 9, 2011 12:30am
Quoting Cosmo
I really cannot understand why you would need an EA for a 4 hour method, surely its not to difficult to look at a chart every 4 hours.
This is a brilliant method and I intend to continue trading with it manually, after all, the most powerful computer is between your ears !
If you work like I do and was tired of missing trades you use EAs. If I see a set up I like coming, I turn my ＥＡ　on and go to work. If my conditions are met I am in, if they are not I am out. I am not a slave to my computer or waiting for forex to do what I would like it to do. An EA has the patience I dont have in waiting for the right setup and conditions I　like. That is why I use them.
  • #153
  • Mar 9, 2011 3:57am Mar 9, 2011 3:57am
Quoting nanningbob
If you work like I do and was tired of missing trades you use EAs. If I see a set up I like coming, I turn my ＥＡ　on and go to work. If my conditions are met I am in, if they are not I am out. I am not a slave to my computer or waiting for forex to do what I would like it to do. An EA has the patience I dont have in waiting for the right setup and conditions I　like. That is why I use them.
Appreciate your reasoning about the need for an EA and I have no idea of the type of work that you do but I have access to a laptop during working hours which allows me to check twice during the day.... anyway... sincere thanks Nanningbob for the amazing work that you do on this forum, I would like to say how much I admire and appreciate what you have done for me and others and the generous donation of your time.
  • #154
  • Mar 9, 2011 4:39pm Mar 9, 2011 4:39pm
Congratulations to Bob !!!

All of your systems have been so well-designed and implemented in the past.
I think this one tops them all, and has the makings of something great. Please keep up the good work.

Just wondering if there is a version of NB Meter that is MTF. I believe it would be very useful when working in the H4 timeframe chart but would like to see the higher timeframe NB Meter like D1/W1 as well as the H4 TF NB Meter on the same chart.

Also, it would be great if Mr. SwingMan can make a Dashboard out of this strategy with alerts that can monitor all 28 pairs when the Buy and Sell conditions met.

Again, Kudos to Bob and SwingMan for the great system/EA and excellent NB Meter/indicator !!! Looking forward to seeing more of your posts.
  • #155
  • Mar 13, 2011 12:27am Mar 13, 2011 12:27am
Quoting precisiontra
Congratulations to Bob !!!

All of your systems have been so well-designed and implemented in the past....
I am working on this concept again with my definition of what an UT and DT from my 1.0 system. That was why I quit working on the project I didnt have a good definition but I like the one I have now better than the one I started with. Anyway will keep testing and see.
  • #156
  • Mar 13, 2011 3:09am Mar 13, 2011 3:09am
Hello nanningbob

really nice system and working well ...
ok may i ask a question ?

are you coder ? and can you write EA if i have a good system ??
  • #157
  • Mar 13, 2011 4:30am Mar 13, 2011 4:30am
Quoting FxSignals
Hello nanningbob

really nice system and working well ...
ok may i ask a question ?

are you coder ? and can you write EA if i have a good system ??
I would have absolutely no time to code anything sorry.
  • #158
  • Mar 13, 2011 4:56am Mar 13, 2011 4:56am
ok my friend
anyway thanx
  • #159
  • Last Post: Mar 13, 2011 8:57am Mar 13, 2011 8:57am
Quoting nanningbob
I am working on this concept again with my definition of what an UT and DT from my 1.0 system. That was why I quit working on the project I didnt have a good definition but I like the one I have now better than the one I started with. Anyway will keep testing and see.
what I can come to study here, ?
only an analysis, and I'm always wrong, don't follow me,
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