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Nanningbob 4h trading system ver. 5.0

  • #541
  • Aug 10, 2010 11:07pm Aug 10, 2010 11:07pm
Quoting iulli
Same question here. If we have to change the magic number indeed, I think magic number suppose to be first on the settings on EA easier to spot and change when you load your preset file.
That would have been my next request, LOL
"The only successful substitute for brains is silence."
  • #542
  • Aug 10, 2010 11:08pm Aug 10, 2010 11:08pm
Should only be a problem if duplicate charts (same pair, same tf).
  • #543
  • Aug 10, 2010 11:11pm Aug 10, 2010 11:11pm
Quoting iulli
Same question here. If we have to change the magic number indeed, I think magic number suppose to be first on the settings on EA easier to spot and change when you load your preset file.
I have moved it to the beginning.

See attachement.

Mart
Attached File(s)
File Type: mq4 MLFX_NH4_Manager.mq4   65 KB | 466 downloads
File Type: ex4 MLFX_NH4_Manager.ex4   70 KB | 340 downloads
  • #544
  • Edited 2:21am Aug 11, 2010 1:59am | Edited 2:21am
In the last days I developed few indicators posted in the Kinetic- and Profitunity-threads.

Because I think that some of the indicators can also be useful for other members who read Bob's thread, I also post it here.
(Sory that they have nothing to do with this thread…)

An interesting test for me was to check Bob’s counter-trend entrys for GBPUSD with the Milliped indicator (the name has nothing to do with the similar thread name, but the histograms see how many legs from a milliped ...)

If I take an entry :
-after touching the BBand and
-for signal arrows maximal 6 bars after touching
is sometimes possible to avoid early entrys with the rule #1.
As example, on Jul.23 I see a long signal on Jul.22 plus a cross of the retracement line, and I woud avoid to sell here.
The next qualified counter-trend short entry I see on Aug.09 (signal + retracement lines), after a long move of 550 points...
.
Attached Image (click to enlarge)
Click to Enlarge Name: milliped-gbpusd.gif Size: 27 KB
Attached File(s)
File Type: mq4 smPA_PriceRetracement_v1.mq4   12 KB | 728 downloads
File Type: mq4 smMilliped Signals_v1.mq4   12 KB | 721 downloads
File Type: mq4 smMilliped TrendMode_v2.mq4   11 KB | 715 downloads
File Type: mq4 smCorrelation MultiPairs.mq4   16 KB | 649 downloads
  • #545
  • Aug 11, 2010 2:32am Aug 11, 2010 2:32am
Hey Steve,I got a question for you. Since you have started several threads is it possible to get lost in your own thread? I mean there are so many ideas and most of them are really good but it took me 10 minutes this morning to find my last data post so I could post my own trades. As I watch the interaction of different EAs with the 25MA BB I keep coming up with ideas, (I sent you that one and now the indicator for it will be made) Last night I saw another set of trades scenarios and I tried it live with a freshly written EA. I made over 200 pips with a really hairbrain idea. It is EA #12 actually, I didnt even post those with the 500+ I made with my regular EAs #1-4. I did a #7EA trade and it did 100 pips. If I post all of these I will get everyone lost. One guy sent me an idea of using my old 3x3 system with the 6ths and he made a ton of pips with it. I wonder at what point I stop because I am starting to get too busy trading all my own systems. I am getting lost myself....................
  • #546
  • Aug 11, 2010 3:03am Aug 11, 2010 3:03am
Hi i am using your dashboard , i have a eurjpy trade open it moved against me 100 pips, i have other yellow arrow appear on my chart when i hover over them they say buy signal - and i have a blue breakeven line, is the other yellow arrows to add to my position as per bobs manage a trade in a series of additional trades increasing the lot size by 1.6 for l2 and level 3 - i ask because i read that generally you are waiting for a 150-200 pip move against you before reentering i thought (new to this and learning still)
Quoting phover
I have moved it to the beginning.

See attachement.

Mart
  • #547
  • Aug 11, 2010 3:46am Aug 11, 2010 3:46am
Quoting phover
Yep astral77, you got it.

But you are rigth Steve, I didn't explain anything about what you see in the panel. There it is:
[list][*]Pair: obvious [*]P for Primary setup: Yellow dot: price is 25 pips (you can change this value with the Proximity parameter in the EA) near the golden line. Green dot: price is over the upper golden line or under the lower golden line[*]S for Secondary setup: yellow dot: price is 25 pips near the green line. Green dot: price is over the upper green line or under the lower green line[*]RWB for Red, White and...
Thanks for all this, Mart. Thanks for a fantastic piece of software - absolutely brilliant - the single most useful one I have come across here at FF.

  • #548
  • Aug 11, 2010 3:51am Aug 11, 2010 3:51am
Quoting SwingMan
In the last days I developed few indicators posted in the Kinetic- and Profitunity-threads....
Swingman do you know of a good indicator that display currency strength..Thanks
  • #549
  • Aug 11, 2010 5:03am Aug 11, 2010 5:03am
Quoting censura
Hi i am using your dashboard , i have a eurjpy trade open it moved against me 100 pips, i have other yellow arrow appear on my chart when i hover over them they say buy signal - and i have a blue breakeven line, is the other yellow arrows to add to my position as per bobs manage a trade in a series of additional trades increasing the lot size by 1.6 for l2 and level 3 - i ask because i read that generally you are waiting for a 150-200 pip move against you before reentering i thought (new to this and learning still)
I dont understand why you took a EUR/JPY trade when it just now qualified as a #2 EA trade? The RWB are now below the 15 price is running outside the BB bands. The 1MA has separated from the BB. This is a perfect classic trade of the #2 EA. Time to turn on the #2 EA and catch the rebound back up. If price keeps running we are not in. When it stops and comes back inside the BB bands we are set to go. Looks like a great trade coming up in the future to me. I love his new dashboard but I wouldnt be trading off of it until it is tested over time. I still follow the rules of the system. See pic below.
Attached Image (click to enlarge)
Click to Enlarge Name: eur jpy #2.gif Size: 23 KB
  • #550
  • Edited 5:22am Aug 11, 2010 5:09am | Edited 5:22am
Here is a usd/jpy secondary trade I just took #1 buy EA all the way. See that beautiful double bottom. Some of the less volatile pairs the RED MACD wont always make it. However, recent price action shows clearly bounces off of the lower BB. I took this one also.
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy secondary.gif Size: 30 KB
  • #551
  • Aug 11, 2010 5:15am Aug 11, 2010 5:15am
I dont recommend taking the gbp/nzd because of its volatility but I have been picking these beautiful apples off the tree all week. The #1 sell EA has been popping these 50-100 pip deals all week. I keep seeing every page this indicator and that indicator. The ones I have work use them. Just this pair alone there were 5 or 6 100+pip profits off of the upper BB band. I just dont want new guys try trading this pair because I use 300 pip reentries. It is that volatile. It is the most volatile pair on the market.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp nzd.gif Size: 32 KB
  • #552
  • Aug 11, 2010 5:20am Aug 11, 2010 5:20am
Here is another beautiful trade NZD/JPY use the #2 EA buy and get ready to make some money. 1MA has separated from the BB so turn on the buy EA and let price action get you in at the right time. RWB is below the 15 same resitance line from 4 weeks ago. Last time did 80+ pips in 8 hours 190+ in two days. These trades are simple reads, you dont need dozens of other indicators to know its time to turn the EA on.

KEEP IT SIMPLE FOLKS
<THE SYSTEM WORKS >
AS IS

Attached Image (click to enlarge)
Click to Enlarge Name: nzd jpy.gif Size: 34 KB
  • #553
  • Aug 11, 2010 5:51am Aug 11, 2010 5:51am
Great post bob,

I was starting to get overwhelmed by indicators, am now trying to keep it simple.

I also have #2 EA on EUR/JPY

Thanks for the system and updates.
  • #554
  • Aug 11, 2010 5:53am Aug 11, 2010 5:53am
Hi hope you can help - looked at the nzdjpy but was put off a bit as it is hugging bb line, when the 1ma separates from this i assume it is ok like you said, also the secondary trades if i have entered a trade on the lower bb for eg and the trade duly goes to the centre band (my choosen exit point) but then goes back to the outer band is this what you would call the secondary trade if it take the trade hoping it goes back to centre band or futher.

Also the ea3 bulge trade on your images it shows the flatterned bb yellow --- but i can not see this as an indicator or on the templates


thank you
  • #555
  • Aug 11, 2010 6:07am Aug 11, 2010 6:07am
i took the trade too early at 22.45 yesterday when i though price had gone back into the bb, i used the new dashboard, i dont know why but it has since kept opening trades i have 4 open now other 3 opened 9.21.9.50 and 9.52. i did not open them the ea opened them automatically dont know why i have yellow arrows on my chart which appeared as buy signals - abit strange - i have taken ea off now



Quoting nanningbob
I dont understand why you took a EUR/JPY trade when it just now qualified as a #2 EA trade? The RWB are now below the 15 price is running outside the BB bands. The 1MA has separated from the BB. This is a perfect classic trade of the #2 EA. Time to turn on the #2 EA and ca i tch the rebound back up. If price keeps running we are not in. When it stops and comes back inside the BB bands we are set to go. Looks like a great trade coming up in the future to me. I love his new dashboard but I wouldnt be trading off of it until it is tested over time....
  • #556
  • Aug 11, 2010 6:09am Aug 11, 2010 6:09am
Hi guys,

I just read all the great thread of that great EA of bob, I assume I should also read all the contents of the A-B zip files BUT I would appreciate if you could write down 2 simple things:

1. when are we using #1 and when #2 (i figure out that #3-4 are not in use now)
2. Where I set up the re-entry points ??

Tnx
  • #557
  • Aug 11, 2010 6:20am Aug 11, 2010 6:20am
Quoting censura
Hi hope you can help - looked at the nzdjpy but was put off a bit as it is hugging bb line, when the 1ma separates from this i assume it is ok like you said, also the secondary trades if i have entered a trade on the lower bb for eg and the trade duly goes to the centre band (my choosen exit point) but then goes back to the outer band is this what you would call the secondary trade if it take the trade hoping it goes back to centre band or futher.

Also the ea3 bulge trade on your images it shows the flatterned bb yellow --- but i can not see this...
Yes I take those continuous as long as I can get them. The Eur/gbp came back to hit my SL at +20 and it looks like it may hit the BB again. Sometimes this can happen 2 or 3 times in a 4H period. Before you know it you have made 50-100 pips playing follow the bouncing ball.

The one trade I have the #3 on is the USD/CHF. I am looking at a head and shoulders so it wont hit the BB band. I use the #3. If it enters and then goes up to the BB. I will enter again because I play 2 lots on my trades. I take 1 now and if it works into profit great but if it doesnt and goes to the BB band then I use my other lot. This makes my first level trade, I just divide it. These #2 trades I use the full 2 lots at entrance.
  • #558
  • Edited 6:28am Aug 11, 2010 6:26am | Edited 6:28am
Quoting T1stmilfx
Hi guys,


1. when are we using #1 and when #2 (i figure out that #3-4 are not in use now)
2. Where I set up the re-entry points ??

Tnx
if i'm not mistaken..

#1 is used when the prices is gonna move above/below the gold/blue depending on the template..while the 1MA is INSIDE of the BB

#2is used when the prices is gonna move above/below the gold/blue depending on the template..while the 1MA is OUTSIDE of the BB

i could be wrong but that is what I UNDERSTOOD

the reentry points are MANUALLY ENTERED... cause as far as i understand the system its a SEMI automated not a FULL automated..

if your looking for "a sort of fully automated" you can check with stevehopwood, he's working on something, there was a thread link some where ...
  • #559
  • Aug 11, 2010 6:27am Aug 11, 2010 6:27am
I dont have any #3 buy on right now but I do have 2 #3 Sells. The gbp/cad bb band is on top of the screen and off the charts. The #3 MA is right at a resistance line from last week so I will put it on. This trade hit my TS at +35 so it will have to bounce back up to the 3MA high line to enter again. But this is a good trade scenario to pick trades off of the bouncing ball. The 3MA line is just outside the Gold 6ths indicator so I like trades like these. If price runs north. I am still in good shape. Again I use half of my normal lot size on trades lilke these and use the other half of my L1 in case it gets into trouble as a #1 EA trade. I love the new divergance indicator, I dont have to read secondary trades now I can see the arrows as price goes higher and MACD goes lower. Divergance on a 4H chart is usually very powerful move. Look at the last 3 red arrows and you can see the trades were real good after 12 hours. Some really good pips there. I am afraid I took my TP too early on this one.
Attached Image (click to enlarge)
Click to Enlarge Name: gbp cad.gif Size: 29 KB
  • #560
  • Aug 11, 2010 6:28am Aug 11, 2010 6:28am
took the 5.2 blank screen template of bob...

tnx...

btw: the buy/sell is not the EA decision ???
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