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Trend Manager Trading System

  • #21
  • Aug 24, 2010 9:44am Aug 24, 2010 9:44am
Quoting crowbar2010
ok so do you enter the trade as soon as you see the red or blue histogram apear or do you wait for that candle to close first and then enter the trade ?
For sample understanding take a look at EURGBP which shows a long signal now with ATR 0.0016

So Long @ 0.82123 Stop @ 0.81800 Target @ 8244 at 1:1 RR hope it clear now?
  • #22
  • Aug 24, 2010 9:46am Aug 24, 2010 9:46am
Quoting crowbar2010
will this work well on a H4 chart ? I am trading trend lines on H4 but it is difficult to spot the trends everyday. I prefer using H4 since it frees me up to do other things.
Yes you can as long as your risk tolerance allow to handle 4 hr periods and you have decent acct size to manage it.
  • #23
  • Aug 24, 2010 9:47am Aug 24, 2010 9:47am
hello amarfx,

so far looks good,which time frame do u prefer to trade this indi?
  • #24
  • Aug 24, 2010 9:49am Aug 24, 2010 9:49am
Quoting Alihuzaifa
hello amarfx,

so far looks good,which time frame do u prefer to trade this indi?
1 hr i most recommended without filters mentioned if want active game then go for 15 min but need little home work to use it along filters on lower timeframes
  • #25
  • Aug 24, 2010 9:56am Aug 24, 2010 9:56am
Amarfx

What is your win to loss ratio on this system ?
  • #26
  • Aug 24, 2010 9:58am Aug 24, 2010 9:58am
Quoting jor1234
Hey amarfx first of all thanks for starting this thread. Im trying to save the indicator but is not letting me, anyone else having the same issue?! thanks in advance
Please check your MT build is 226, if not issue could be in build if its older one.
  • #27
  • Aug 24, 2010 10:00am Aug 24, 2010 10:00am
Quoting crowbar2010
Amarfx

What is your win to loss ratio on this system ?

45 - 65 % if use 1:1 RR
  • #28
  • Aug 24, 2010 10:08am Aug 24, 2010 10:08am
umm...
45%+65% should be 110% ?
maybe 35-65
or 45-55
i think it should be the first one
  • #29
  • Aug 24, 2010 10:22am Aug 24, 2010 10:22am
Quoting amarfx
if you my ask personal profile, i am trading fx last 10+ yrs full time
its core part of my decision tool and i am sticking to it almost without much need of more decision tools
i mentioned it makes avg of 400 pips - 700 pips depends on pair

more insight will follow once i post signal as soon as it is generated and more peoples assist in course of time
hi..sir,
iam new to forex
kindly guide me to take profit in mt4 platform with the required indicators. Thanking you sir.
  • #30
  • Aug 24, 2010 10:41am Aug 24, 2010 10:41am
Hi all,

I hope all basic question's are cleared now at least basically, i can post my signal as i found on my platform from tomorrow, and i will quite active to follow up my trades from 9 am to 9 pm IST, and i have trades that follow trades out of my working hours and this thread is for educational and instructional purpose only to show how to trade based on simple stuff and not to digg into earth to find a simple tool that suits all, good lucks and good trading to every one.
  • #31
  • Aug 24, 2010 10:45am Aug 24, 2010 10:45am
I will be sticking to EURUSD, GBPUSD and USDJPY while making live signal post, and any other pair if posted may be for illustrative purpose how to make use this system not for performance tracking
  • #32
  • Aug 24, 2010 11:07am Aug 24, 2010 11:07am
Be ready USDJPY can split fire a Long signal any time now But ATR is falling so not to expect a explosive move, so use lesser lots than usual for long even if offer a entry in long direction any time soon
  • #33
  • Aug 24, 2010 11:24pm Aug 24, 2010 11:24pm
Buy @ 1.54289 Stop loss @ 1.53960 T @ 1.5460
Attached Image (click to enlarge)
Click to Enlarge Name: trend manager - GBPUSD - Signal 1.jpg Size: 135 KB
  • #34
  • Aug 25, 2010 12:03am Aug 25, 2010 12:03am
Buy EURUSD @ 1.26482 Stop loss 1.26220 T @ 1.26702
Attached Image (click to enlarge)
Click to Enlarge Name: trend manager - eurusd - signal 1.gif Size: 15 KB
  • #35
  • Edited 1:25am Aug 25, 2010 1:15am | Edited 1:25am
i got in @ 1.26517 hope this is still good ? I set my t/p to 1.26865 and my s/l to 1.26185 is that correct ?
  • #36
  • Aug 25, 2010 1:27am Aug 25, 2010 1:27am
Quoting crowbar2010
i got in @ 1.26517 hope this is still good ? I set my t/p to 1.26865 and my s/l to 1.26185 is that correct ?
As long as entry is within 50% of ATR it pose no risk in position sizing as this system don't need microscopic accurate entries, so you don't need to worry too much on this
  • #37
  • Aug 25, 2010 1:31am Aug 25, 2010 1:31am
Amarfx another question and I hope it is not a stupid one.

Say for instance i missed a candle that gave me a blue(long) signal and i come back to my PC for instance and it is already 40 min later can i then enter on the next one if it gives me a long signal again ? or do i have to wait for it to finish its trend and turn to red again ? Cause there is time that I wont be able to make it to the PC every hour so I am worried that I will miss a trade.

And vice versa for short entry's.
  • #38
  • Aug 25, 2010 1:37am Aug 25, 2010 1:37am
Quoting crowbar2010
Amarfx another question and I hope it is not a stupid one.

Say for instance i missed a candle that gave me a blue(long) signal and i come back to my PC for instance and it is already 40 min later can i then enter on the next one if it gives me a long signal again ? or do i have to wait for it to finish its trend and turn to red again ? Cause there is time that I wont be able to make it to the PC every hour so I am worried that I will miss a trade.

And vice versa for short entry's.
Missing a candle just cause a lagging entry in some case, if not all, but as long as you stick to risk management discipline, you are risking less wrt to win ratio of Trend Manager Trading System, so you have edge to make money, but please try to make sticky rule not to miss make it more mech and systematic
  • #39
  • Aug 25, 2010 1:58am Aug 25, 2010 1:58am
Quoting amarfx
Buy EURUSD @ 1.26482 Stop loss 1.26220 T @ 1.26702

good call target almost reached


tho first blue signal went in red side.
  • #40
  • Aug 25, 2010 2:17am Aug 25, 2010 2:17am
short signal on gbp?
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