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Nanningbob 4H trading system

  • #1,961
  • Jul 8, 2010 12:28am Jul 8, 2010 12:28am
Hey nannybob read your work for a couple of hours and i'm pretty lost haha i notice this is a 2 years work of yours.
It'll be nice if you can tell me where should i start with

Domanic
Thanks in advance
  • #1,962
  • Jul 8, 2010 1:18am Jul 8, 2010 1:18am
Quoting Domanic
Hey nannybob read your work for a couple of hours and i'm pretty lost haha i notice this is a 2 years work of yours.
It'll be nice if you can tell me where should i start with

Domanic
Thanks in advance
We will be opening Version 5 thread soon and start fresh. Look at post 1936 for version 5 secton 1
  • #1,963
  • Jul 8, 2010 1:51am Jul 8, 2010 1:51am
Quoting Mixer
Hey Nanning,
I cant seem to download V5 as it is coming up as a picture format. Can anyone assist with this please.

I just downloaded it onto my computer so it is not the website.
  • #1,964
  • Jul 8, 2010 3:46am Jul 8, 2010 3:46am
This is for DOMANIC AND MIXER who have joined this thread recently.

To download the files if you get "attachment.php" please close it and use the PAPER Clip icon to download the files. It may be an idea to download version 4 before starting with version 5, although version 5 is pretty comprehensive.

When I saw this system for the first time I just glanced through the twenty odd pages and thought "too complicated, too complex". I suppose we all want things to be pretty straight forward and simple! It was after reading the document for the 2nd time (this time thoroughly) that I realized how simple, straightforward and comprehensive the system is. My guess is you have done the same thing. Please read the document thoroughly taking time to digest the concepts and the methodology. It will then be crystal clear.

Kind Regards
  • #1,965
  • Edited Jul 9, 2010 12:57am Jul 8, 2010 11:42am | Edited Jul 9, 2010 12:57am
Quoting astral77
This is for DOMANIC AND MIXER who have joined this thread recently.

To download the files if you get "attachment.php" please close it and use the PAPER Clip icon to download the files. It may be an idea to download version 4 before starting with version 5, although version 5 is pretty comprehensive.

When I saw this system for the first time I just glanced through the twenty odd pages and thought "too complicated, too complex". I suppose we all want things to be pretty straight forward and simple! It was after reading the document for the...
Definitely agree, I am on the 3rd read and have intently studied the text and chart examples of version 5, also demo trading this at the same time, things are starting to make sense, this is very clever and has clear trading rules to follow. In the short period of time I have been looking at this trading method, I have made some successful demo trades, in fact I haven’t had a looser yet, When I become fully conversant with it and have forward tested it for some time, I hope to trade this on my live account.

Could somebody please point me in the right direction of this indicator below

Swingman’s indicator—Swingman developed an indicator, which draws lines on the screen when RWB meet the conditions of above/below the 85/15 lines.

Thank you very much nanningbob for this trading method, there are some very kind and great people on this forum.

With Respect
Marshy.
“A setback is a setup for a comeback.”
  • #1,966
  • Jul 8, 2010 1:32pm Jul 8, 2010 1:32pm
You're right. Bob has come up with some great trading ideas.

Here you go - swingman's indicator
Attached File(s)
File Type: ex4 NB Meter_Signals.ex4   11 KB | 492 downloads
  • #1,967
  • Jul 8, 2010 3:03pm Jul 8, 2010 3:03pm
Quoting pipernet
You're right. Bob has come up with some great trading ideas.

Here you go - swingman's indicator
Thank you

Marshy.
“A setback is a setup for a comeback.”
  • #1,968
  • Edited 7:35pm Jul 8, 2010 6:25pm | Edited 7:35pm
I picked up 100+ pips on several trades using the new EAs. I am just trying to close out my trades with a good exit. So even though the losses may seem large they are actually smaller than they appear. But I am not reporting the winners because they are not part of version 4. For example the 3 GBP pairs had 4 nice trades yesterday Gpb/chf, gbp/jpy (2), gbp/usd. The USD/JPY also was a nice trade for 100+. Anyway my DD is down to one last trade. So when the reversals come the DD can disappear quickly. Normally I would not be closing all these out like this but I want to clear the board by Monday. Doesnt look like the EUR/AUD wants to cooperate though. I am hoping today is my last reporting day for the version 4 system.
RESULTS
cad/chf -216 2nd L +72
USD/JPY -128 2nd L -6

Sells

Buys

STILL IN OR REENTERD
aud/cad -435 2L -26



TOTALS
total for day -278
for the week -618
for the month -618
Carry over -461
  • #1,969
  • Jul 8, 2010 6:38pm Jul 8, 2010 6:38pm
Version 1-4 totals for 11 months if closed today.
2009 total pips +5597
2010 total +8598
Total for 11 monts +14195
Minus July close out -1079

+13116 total pips for 11 months

The votes of the traders of Forex Factory for my system.
For 86
against 74

I wish the 74 who voted against the system and have a better system would post their trades everyday so I could do better.

Anyway, I am going to turn in all my grades this morning to the university. Close out all my unfinished business and leave this afternoon for Bei Hai. Gonna enjoy some good western food and one meal of Chinese seafood with a good doctor friend. Do some swimming in the ocean, sleep and ........................... get my favorite room with a computer and finish writing version 5. Ship the information to Mr. Hopwood and get the final EAs written. I really want to finish up my first rough drafts and get them out to my readers by Sunday night. There will be several suprises so here we go. I want to thank you all for your patience and suggestions. I really believe we are close to a very solid profitable system. Even my 2.4.2 recovery system is getting an overhaul.
  • #1,970
  • Jul 8, 2010 6:40pm Jul 8, 2010 6:40pm
Quoting nanningbob
I picked up 100+ pips on several trades using the new EAs. I am just trying to close out my trades with a good exit...
Hi Bob

One week of testing VER5 on ibfx penny a/c. Closed for profit 298 pips. 7 open trades DD of 120 pips. Mixture of primary and secondary trades. IMHO we can safely move to VER5 EAs beacuse they seem to be doing the job without any issues. I am planning to play it more conservative with this version.

I hope your university duties and family issues get sorted out soon so we can see the second part of version 5.

Kind Regards
P.S. is it my imagination or are we seeing a large number of traders joining the thread and the system?
  • #1,971
  • Jul 8, 2010 7:39pm Jul 8, 2010 7:39pm
Quoting astral77
Hi Bob

One week of testing VER5 on ibfx penny a/c. Closed for profit 298 pips. 7 open trades DD of 120 pips. Mixture of primary and secondary trades. IMHO we can safely move to VER5 EAs beacuse they seem to be doing the job without any issues. I am planning to play it more conservative with this version.

I hope your university duties and family issues get sorted out soon so we can see the second part of version 5.

Kind Regards
P.S. is it my imagination or are we seeing a large number of traders joining the thread and the system?
Yes since Steve Hopwood has worked on the EAs for this system his following is following the developments. He is developing an EA with the MPTM in the EA so each trade will have its own MTPM with it. This will be a major improvement over one MPTM running all the trades. I am really excited about how this is all coming together.
  • #1,972
  • Jul 9, 2010 6:00am Jul 9, 2010 6:00am
Quoting nanningbob
Yes since Steve Hopwood has worked on the EAs for this system his following is following the developments...I am really excited about how this is all coming together.
It is an exciting time in the development of your system. Steve has managed to attract a group of serious, intelligent traders who have in depth understanding of the forex market coupled with good coding skills. There are also some hangers on like me who try to keep up with the group without making a fool of themselves! Steve does not tolerate fools and they get banned straight away!

Getting back to the main issue, please find attached results of my live test for the last 7 days. 17 trades in total, 335 Pips profit with 15 winners and 2 losing trades (I clsoed the 2 losing trades prematurely just to close the test). I do not know if I am using the EAs in proper context, at present if the price is outside BB I use number 2 EA but if it moves back inside the BB I switch back to number 1 EA. Is this correct?

Kind Regards
Attached File(s)
File Type: xls NB VER5 liveTest2to9july.xls   28 KB | 351 downloads
  • #1,973
  • Jul 9, 2010 7:40am Jul 9, 2010 7:40am
Quoting astral77
It is an exciting time in the development of your system. Steve has managed to attract a group of serious, intelligent traders who have in depth understanding of the forex market coupled with good coding skills. There are also some hangers on like me who try to keep up with the group without making a fool of themselves! Steve does not tolerate fools and they get banned straight away!

Getting back to the main issue, please find attached results of my live test for the last 7 days. 17 trades in total, 335 Pips profit with 15 winners and 2 losing...
Yes and I am working on an EA for the BB bulge. When there is a run up the BB line bulges off the screen. I am developing an EA that will trade while we wait for the bulge to come back in. On a 4H chart that could be almost a week so a different EA for the bulges is being worked on also.
  • #1,974
  • Jul 9, 2010 8:06am Jul 9, 2010 8:06am
Quoting astral77
It is an exciting time in the development of your system. Steve has managed to attract a group of serious, intelligent traders who have in depth understanding of the forex market coupled with good coding skills. There are also some hangers on like me who try to keep up with the group without making a fool of themselves! Steve does not tolerate fools and they get banned straight away!

Getting back to the main issue, please find attached results of my live test for the last 7 days. 17 trades in total, 335 Pips profit with 15 winners and 2 losing...
Good job!
We are our own best indicator.
  • #1,975
  • Jul 9, 2010 7:02pm Jul 9, 2010 7:02pm
OK closed everything out. Working now on version 5 Version 1-4 are now all accounted for. If everything works out hope to be trading Version 5 officially on Monday.
RESULTS
aud/cad -325 2L +85

Sells

Buys

STILL IN OR REENTERD


TOTALS
total for day -220
for the week -838
for the month -838
Carry over 0
  • #1,976
  • Jul 9, 2010 11:11pm Jul 9, 2010 11:11pm
Quoting astral77
It is an exciting time in the development of your system. Steve has managed to attract a group of serious, intelligent traders who have in depth understanding of the forex market coupled with good coding skills. There are also some hangers on like me who try to keep up with the group without making a fool of themselves! Steve does not tolerate fools and they get banned straight away!

Getting back to the main issue, please find attached results of my live test for the last 7 days. 17 trades in total, 335 Pips profit with 15 winners and 2 losing...
I have been trading the 4.0 EA version and up 1140 pips this week alone with a remaining 800 pips or so in drawdown. Up about 15% on my account now in 1.5 months. NOT BAD! Excited to see how this next version comes along. Testing Steve's EA, but so far no luck testing it... Probably doing something wrong.
We are our own best indicator.
  • #1,977
  • Jul 11, 2010 3:17am Jul 11, 2010 3:17am
Quoting countex
NB, great job with version 5, adding BB to sixths is a simple stroke of genius.

few observations.

1- you can remove the following code to remove the invisible black line from sixths indi.


ObjectCreate("threesixth",1,0,TimeCurrent(),High[120]);
ObjectSet("threesixth",OBJPROP_COLOR,Black);
ObjectSet("threesixth",OBJPROP_STYLE,STYLE_SOLID);
ObjectSet("threesixth",OBJPROP_WIDTH,2);

2- try testing with the bbsqueeze indi, combining with the sixths, it gives a great hint regarding the direction of the price break. When the bands are...
thanks for you comments I am adding some notes on BB squeeze with the sixths but just mentioning it in version 5 book. Need more observations but please post your observations of how this indicator meshes with the chart. I have looked at it but havent digested it much. Too busy with the booklet.

The MPTM is being incorporated into the EAs so each trade will be governed by its own MPTM. Great work by Steve on this issue.
  • #1,978
  • Jul 11, 2010 4:34am Jul 11, 2010 4:34am
These are Steve's BB EA designed for this system. Need to know whether they work on ECN, 4 digit and 5 digit brokers. These are the #1 buy and sell EAs. Let me know if they are entering when price hits the 25 MA BB set on close on a 4H chart. Please report any problems. Thanks.

Bob
Attached File(s)
File Type: mq4 #1 BUY NB-SH BB V 5.0.mq4   8 KB | 467 downloads
File Type: mq4 #1 SELL NB-SH BB V 5.0.mq4   8 KB | 410 downloads
  • #1,979
  • Jul 11, 2010 4:38am Jul 11, 2010 4:38am
This is called the bomb EA. It is designed only for brokers that allow hedgeing. It hedges all trades that are over -100 pips in the hole and allow winning trades to run. It is designed to protect your account if a sudden disaster news story hits. For example some country filing for bankruptcy and the markets go nuts. You just turn on this MTPM and the negative trades are hedged and the winners are allowed to run. Hopefully you will have enough winning trads to over come the hedged trades. Only for emergencies but I need it tested on some demo accounts. Just put it on a demo with a bunch of trades and see if they hedge at -100. Thanks.
Attached File(s)
File Type: mq4 BOMB PROOF MPTM HEDGE ALL.mq4   96 KB | 509 downloads
  • #1,980
  • Jul 11, 2010 8:20pm Jul 11, 2010 8:20pm
I do not anticipate taking any trades today because I will be traveling back to Nanning. I do have 3 of the 4 or 5 sections done and they will be emailed out to the proofreaders for comments and clarity. MSN is blocked here in Bei Hai so I have not been able to get to my MSN account for 3 days. I reported earlier that the MPTM and EA had been mixed together but that was an error on my part. Sorry for that report. I hope to finish section 4 today and section 5 later in the week. As soon as the first 3 sections are proof read and changes made I will post them. Thank you for your patience. I go to Hong Kong on Thursday to meet my wife back from the USA so I want to have this all done before I leave.
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