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

  • #1,341
  • Jul 1, 2010 5:59am Jul 1, 2010 5:59am
Quoting terminex
Hello OFD,

The scanner you did was a great job.
Is it possible to have the scanner configured so I can just only have it set to scan for pairs and then make a noise or alert only when it finds a trade, as per the original rules?
ie... if nothing is found then it writes nothing and says nothing.

regards
Trust me anything is possible but then customizing versions of this Scanners is really difficult for me. Hope you understand that.

As far as I remember there are times when the signal is not confirmed but you take the entry based on discretion. So that is why it is important for the EA to still show some garbage bcoz that where you find the real deals Pairs when are ready to turn and if you go and do a trend analysis, I am sure you will find some really sweet deals.
  • #1,342
  • Jul 1, 2010 6:07am Jul 1, 2010 6:07am
Quoting Yoenes
Hello onefindat

The profit target im still try to figure that out some wath i m using now i a trailng stop of 25 pips or 35 for more volatile pairs or some times just 35 pips for all pairs . i but my target about 100 or 200 pips
or just let it run till the traling hit.
Interesting, this means that you are able to catch some trends with this system which run way over 200 pips without even retracing back 35 pips ?

All those out there who are trading this system please post ? Yoenes results are really encouraging.
  • #1,343
  • Edited 6:36am Jul 1, 2010 6:17am | Edited 6:36am
Quoting onefineday
interesting, this means that you are able to catch some trends with this system which run way over 200 pips without even retracing back 35 pips ?

All those out there who are trading this system please post ? Yoenes results are really encouraging.
but yes that have to do with the pair it self some pairs moves 100 pips with out retracing and some of them not but the target is still my
next goal to look how can i catch the biggest move from the trend wath tony says is that he only will exit if he get an opposite heiken ashie signal on the 4H so every entry will be valid till we get an opposite heiken ashie on the 4H .

further there is one more indicator that filter ulso much of the flat trend signals that is the trendlordbars on the 4H
if you can add this indicator as an option that will be greed sory for the large text but i found is so important .

Greet you,

Yoenes


stick to the entry rulls from tony watch the video more than ones
  • #1,344
  • Edited Jul 2, 2010 7:36am Jul 1, 2010 8:19am | Edited Jul 2, 2010 7:36am
Hello i have little problem

my borker dont activate the traling before the distance between the entry and the stoplosse is arived i mean if i enter with 60 pips stoplosse and i set a traling of 25 pips first the trade must be 60 pips in profit than the traling will be activated
i like to changed that, that when the trade is 25 in profit that the traling will be activated.

Hope some one can help

thanks

Yoenes
  • #1,345
  • Jul 4, 2010 5:23am Jul 4, 2010 5:23am
People,

I was gearing up to restart my work on the scanner but I need to go through the video once. It seems the video link http://www.brilesmedia.com/factory/ has been deleted.

Did anyone manage to download it ?

Best,
OFD
  • #1,346
  • Jul 4, 2010 5:56am Jul 4, 2010 5:56am
Quoting onefineday
People,

I was gearing up to restart my work on the scanner but I need to go through the video once. It seems the video link http://www.brilesmedia.com/factory/ has been deleted.

Did anyone manage to download it ?

Best,
OFD

I did. its about 60 mb. Let me know an e-mail address where I can send it. Please allow for a few hours, as I`m away.

Regards

Forex37
  • #1,347
  • Jul 4, 2010 7:30am Jul 4, 2010 7:30am
Quoting Forex37
I did. its about 60 mb. Let me know an e-mail address where I can send it. Please allow for a few hours, as I`m away.

Regards

Forex37
Can you share the video please
  • #1,348
  • Jul 4, 2010 8:27am Jul 4, 2010 8:27am
Quoting Forex37
I did. its about 60 mb. Let me know an e-mail address where I can send it. Please allow for a few hours, as I`m away.

Regards

Forex37
Sent you a PM. Appreciate it.

Thanks
  • #1,349
  • Jul 4, 2010 2:49pm Jul 4, 2010 2:49pm
Is it possible to upload it on some free file sharing site and share it with us as well?
  • #1,350
  • Jul 5, 2010 1:56pm Jul 5, 2010 1:56pm
People,

I need your input for the revised scanner. I am planning to redo it and make it more into a trade manager cum automated entry and managing tool.

My question is : What cosmetics are we using on the charts other than Steve's Indicators? I tried putting in Stochastic and I only considered those signals on the 4H which pop up after the stochastic shoots back from either the oversold or the overbought zones and has a cross. Please note that I consider comparative extreme readings as oversold/overbought and not necessarily the 20/80 threshold.

Also I don't have the backtest results with me as of now. But I am moving pair wise and for the time being I am testing the 4 Majors first - GU, EU, UJ, UC with different entry approaches. I am still looking for an entry approach which can actually minimize the damage. For now I am only considering those signals as valid signals wherein I am getting a confirmation from the TrendLord at the time of the signal. i.e. If I get a buy TrendLord should be Blue, if I get a sell TrendLord should be Red.

I am discounting the manual intervention as of now, i.e. will not consider the discretionary judgment we all take with the help of Trendlines, S&R and all. All I am after right now is a blackbox which can :

1. Increase the Accuracy of this System to say over 75%, the way my psychology loves it. I don't mind some trades go or number of trades to be less. My target is only 200 pips net a week, and trust me 40 pips a day is a tough nut if you use judgement a lot.
2. Actually judge when to get in i.e. on the 4H arrow formation or waiting for an entry on the 30M. Coz sometimes some methods works and sometimes something else. In short a aw-so-wow entry method is what I am after.
3. Some indicator which can filter out the false signals on the 4H. Stocastics work great and actually capture almost every move out there, but still the thing with it is I cannot program it since extreme readings are considered by my judgement and do not have a fixed threshold.

So, your thoughts guys. Which cosmetics do you have for this method other than the one's embedded in Tony's system.

P.S. I am not trying to rip apart this wonderfull system but trying my level best to decrease false alerts and increase automation.

Best,
OFD
  • #1,351
  • Jul 5, 2010 1:57pm Jul 5, 2010 1:57pm
Quoting agapetos
Is it possible to upload it on some free file sharing site and share it with us as well?
it is at present on 4shared, give me some time will upload it on youtube or something like that.
  • #1,352
  • Jul 6, 2010 11:38am Jul 6, 2010 11:38am
People,

I need your help with this system. I got atleast 4-5 PM's requesting me to give the scanner a relook. Now, I am here for you guys. Please pitch in with the Cosmetics you guys use to trade this method, I cannot do this alone.

I did a manual backtest on UJ for the period starting from March End till date and trust me these are impressive results. Have a look at the curve, will explain the results in the next post.
Attached Image (click to enlarge)
Click to Enlarge Name: eq_curve_UJ_3+months.JPG Size: 34 KB
  • #1,353
  • Jul 6, 2010 11:47am Jul 6, 2010 11:47am
Quoting onefineday
People,

I need your help with this system. I got atleast 4-5 PM's requesting me to give the scanner a relook. Now, I am here for you guys. Please pitch in with the Cosmetics you guys use to trade this method, I cannot do this alone.

I did a manual backtest on UJ for the period starting from March End till date and trust me these are impressive results. Have a look at the curve, will explain the results in the next post.
Hello onefiday i like to help but i dont no i no how to trade the system profitable and that is it .

I no that if the trendlord bars agree with the signal that this signals are accurater.

If there is any thing that i will do that .

I hope i can help with some thing.


thanks

Yoenes
  • #1,354
  • Edited 9:56pm Jul 6, 2010 12:06pm | Edited 9:56pm
1. I took a total of 28 trades within a period from 30th March till 5th July.
2. I took two positions for each trade one was closed at 100 pips and the other was closed at the closing price of the 4H reverse candle. First was not closed at 50 pips coz it is like leaving too much on the table and 100 pips is required to keep the R:R for each trade in check overall.
3. Stops were moved to BE after a 50 pip move and SL by default was kept at 50 pips for both the positions.
4. I did use discretion but only based on Stochastic i.e. considering their bounce from overbought/oversold zones. Entry was on the entry candle formation and not necessarily candle close. Which means I have calculated entries as (H+L)/2 for the entry candle. Exits are on the reverse candle CLOSING Price.
5. At present this system can easily be pushed to 75% Automation, letting the bot do the dirty work. You just spot the Stochastic Crossover and let loose the EA (will design it later), it will take care of the nitty gritty of entries and exits for you.

6. I made a total of 1717 pips averaging 61 pips per position & 30 per trade.
7. The accuracy was over 61% with 11 loosing trades, 3 BE trades and 14 profitable trades.
8. The average loss for loosers was 49 pips for 11 trades and average profit was 161 pips for winners for 14 trades.

9. I took a risk of 1% per position i.e. 2% per trade which yielded a healthy equity curve (in the above pic) with a drawdown of 4.38% max (I would say anything under 10% is too gud with this system).
10. I made a total return of 40% over the period under consideration or putting it at 11% geometric returns per month.. which is too gud. Considering this method is universal and this is just one pair.
11. Have a good look at the equity curve, it controls your drawdows so very nicely and really pushed you up step by step, exactly how an equity curve should be. Moreover it clearly reflects the movement of the pairs, we all know trend lasts for some time and this method captures it well causing the bump and stochastic + Tony's indicators control the draw down quiet effectively.

12. I can easily pump up the profits by keeping hard exit for the 2nd lot at 200 pips and freezing the lower limit at 125 once it crosses 160 pips. Moreover moving the SL to +50 once it crosses 100 and to 100 once it crosses 140. Trust me this will work even better.
13. Losses can be lowered by keeping a hard exit of 100 pips instead of 50, hence giving the spike up/down some room. Many times the pair after hitting my SL at 50 pips bounces back to 30-35 pips loss and closes there. Anyhow I am closing my position at a confirmed reversal on the 4H so it is better to lower the loss by 30 pips overall (i.e. 15pips x 2 lots).

I have in all three trade management methods for this system which I want to test. In this method I am just using the 4H to make the decision and did not bring in the 30M at all. So the next two methods will bring in the 30M as well.

Constructive comments are most welcome. And guys please post your thoughts, I really need some encouragement, help and support if I have to continue this work as you guys wanted it.

P.S. All these calculations have been done manually moving candle to candle. These are not some back test or EA results. Allow for a 20% deviation from actual results if you are to use it on blackbox. Also I have not included brokerage in calculations.

Best,
OFD
  • #1,355
  • Jul 6, 2010 12:15pm Jul 6, 2010 12:15pm
Quoting Yoenes
Hello onefiday i like to help but i dont no i no how to trade the system profitable and that is it .

I no that if the trendlord bars agree with the signal that this signals are accurater.

If there is any thing that i will do that .

I hope i can help with some thing.


thanks

Yoenes
No problemo man lets wait for others to post. Really want to see what people have to say about this.

Just stick around and keep on pitching in, thats how we learn and move ahead

Next time try this same system by putting in Stocastics (Default Value)... the most beautiful things in the world are the most simple.
  • #1,356
  • Jul 6, 2010 2:15pm Jul 6, 2010 2:15pm
about 2200 pips in May trading A/U,A/J,E/U,E/J,G/U,G/J. About 800 in June. Enter short 1)on break below Adaptive Laguerre Filter(solid Lime) 2)if HA body closes below 6 pd.,.13 off set Keltner Channel(broken Lime). SL opposite band of 6 pd. Price Channel, or signal to reverse. TP 4x H4 ATR 1326. Entries on CLOSE of 8,12,and 16 GMT hrs. only. N.B. May enter existing trend at close of 8 GMT hr. only on PC break. Why am I posting this in this thread?? As an H4 trader, I am hoping something can be learned from this by others als trading H4, and hoping as well that some constructive criticism will be made. I have overlaid the HA ind. from page 1 onto standard HA candles.
Attached Image (click to enlarge)
Click to Enlarge Name: bb.gif Size: 23 KB
Vincit qui se vincit.
  • #1,357
  • Jul 6, 2010 2:31pm Jul 6, 2010 2:31pm
Quoting Pippopotamus
about 2200 pips in May trading A/U,A/J,E/U,E/J,G/U,G/J. About 800 in June. Enter short 1)on break below Adaptive Laguerre Filter(solid Lime) 2)if HA body closes below 6 pd.,.13 off set Keltner Channel(broken Lime). SL opposite band of 6 pd. Price Channel, or signal to reverse. TP 4x H4 ATR 1326. Entries on CLOSE of 8,12,and 16 GMT hrs. only. N.B. May enter existing trend at close of 8 GMT hr. only on PC break. Why am I posting this in this thread?? As an H4 trader, I am hoping something can be learned from this by others als trading H4, and hoping...
Interesting, are these manual back test figures, EA back testing figures or live trading figures ?
  • #1,358
  • Jul 6, 2010 2:48pm Jul 6, 2010 2:48pm
about 2200 pips. Live, using some discretion, I produced about 2500 pips. I win only about 40-45% of trades, often giving back many, many pips to the good on a losing trade. Chopped around very badly for last six weeks. Any ideas?
Vincit qui se vincit.
  • #1,359
  • Jul 6, 2010 2:58pm Jul 6, 2010 2:58pm
Quoting Pippopotamus
about 2200 pips. Live, using some discretion, I produced about 2500 pips. I win only about 40-45% of trades, often giving back many, many pips to the good on a losing trade. Chopped around very badly for last six weeks. Any ideas?
Would love to keep this one on my list and definitely wanna give it a look. Possible for you to post the indicators and the template on your thread ? So that this one remains clear of any other system.

Im sure if I would not be able to add any value to this one, someone would surely be. Your thread misses the indicators and the tpl, so if you could... people can download test and come up with comments.

Thanks
OFD
  • #1,360
  • Jul 6, 2010 3:04pm Jul 6, 2010 3:04pm
Quoting onefineday
Would love to keep this one on my list and definitely wanna give it a look. Possible for you to post the indicators and the template on your thread ? So that this one remains clear of any other system.

Im sure if I would not be able to add any value to this one, someone would surely be. Your thread misses the indicators and the tpl, so if you could... people can download test and come up with comments.

Thanks
OFD
Everything is in the original Alf thread, including a month of my annotated trades employing, basically, the same model as above, along with other examples.
Vincit qui se vincit.
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