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  • #61
  • Sep 9, 2010 6:34am Sep 9, 2010 6:34am
Can someone please check their current GBPUSD 6's lines for me please.

I have compared to another FF user and we have cmpletely different lines.

Mine is currently:

top yellow: 1.5880
top green: 1.5760
bottom green: 1.5519
bottom yellow: 1.5399

See attached screen.

Am i doing something wrong? I am using 4 weeks history as well. Why are there differences?

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: GU.jpg Size: 79 KB
The Kamakazi
  • #62
  • Sep 9, 2010 7:07am Sep 9, 2010 7:07am
Quoting Bl888
Can someone please check their current GBPUSD 6's lines for me please.

I have compared to another FF user and we have cmpletely different lines.

Mine is currently:

top yellow: 1.5880
top green: 1.5760
bottom green: 1.5519
bottom yellow: 1.5399

See attached screen.

Am i doing something wrong? I am using 4 weeks history as well. Why are there differences?

Thanks
You are not going to be able to really check with others as many people have different config's.

Yours is different than mine, but I am using the NH4 panel version. They are off about 50-75 pips from what I can see. (Yours lower than mine)

I would put stuff like this on bob's main thread as that is for config's setup etc..

Even though people on there aren't really helpful and just say, "Read Page 1!!" haha.. I am tired of rudeness on the forum. People forget to lend a hand and would rather sound smart...
We are our own best indicator.
  • #63
  • Sep 9, 2010 7:08am Sep 9, 2010 7:08am
scarry
Attached Image (click to enlarge)
Click to Enlarge Name: bobby6th.JPG Size: 63 KB
Hero calls followed by margin calls...
  • #64
  • Sep 9, 2010 7:09am Sep 9, 2010 7:09am
Quote
I am tired of rudeness on the forum. People forget to lend a hand and would rather sound smart...

<3 ^^
Hero calls followed by margin calls...
  • #65
  • Sep 9, 2010 7:40am Sep 9, 2010 7:40am
Quoting Bl888
Can someone please check their current GBPUSD 6's lines for me please...Am i doing something wrong? I am using 4 weeks history as well. Why are there differences?

Thanks

Hi
Why they are different can be for different reasons (e.g. brokers feed, your screen settings, etc). I am using the sixth indicator which remains constant regardless of the zoom and this works best for me. When I asked BOB why he does not use an indicator which stays constant he told me that because he does a lot of back testing he needs the variable indicator. However, since I am very very lazy and rely on others back testing I use this indicator. Please try it and see how it is.

Kind Regards
P.s. This works for RENKO as well.
Attached File(s)
File Type: mq4 SIXTHS SCREEN VER 3.6_DC.mq4   4 KB | 212 downloads
  • #66
  • Sep 9, 2010 8:19am Sep 9, 2010 8:19am
Quoting astral77
Hi
Why they are different can be for different reasons (e.g. brokers feed, your screen settings, etc). I am using the sixth indicator which remains constant regardless of the zoom and this works best for me. When I asked BOB why he does not use an indicator which stays constant he told me that because he does a lot of back testing he needs the variable indicator. However, since I am very very lazy and rely on others back testing I use this indicator. Please try it and see how it is.

Kind Regards
P.s. This works for RENKO as well.

Hi Astral.

Thanks for that. Interesting. I placed that on the GBPUSD chart now and compared that to the variable one and the tanges are well different.

ie GBPUSD now the yellow lines are at 1.5528 + 1.5342
whereas on the variable it is 1.5880 + 1.5399

Really bizarre howit can make that much difference.
The Kamakazi
  • #67
  • Sep 9, 2010 8:26am Sep 9, 2010 8:26am
Quoting bluemele
Toothman,

What if history doesn't repeat itself and because of this, you add considerable weight to the contracts and you get hit by 9 of these in a row? Just being devil's advocate....

I believe EURUSD is probably the clearest when it comes to indicators... I know I can read it better for sure.
Hey blue,
I guess anything is possible but 2008 had those terrible runs in Aug. and Oct. yet the most losses in a row was 3, following the rules I used. Actually looking at those two runner periods(oct. and aug.) there were 6 winners and 3 losers. Who knows, 2009 might have poor results. I'll be looking at that and 2010 over the weekend.
  • #68
  • Sep 9, 2010 8:58am Sep 9, 2010 8:58am
Quoting Toothman
Hey blue,
I guess anything is possible but 2008 had those terrible runs in Aug. and Oct. yet the most losses in a row was 3, following the rules I used. Actually looking at those two runner periods(oct. and aug.) there were 6 winners and 3 losers. Who knows, 2009 might have poor results. I'll be looking at that and 2010 over the weekend.

Toothman the entry method is good easy to follow for backtesting I will use that just let me know what pairs you would like me to test so we don't duplicate efforts. I have no favorites...

Thanks for the first results...
  • #69
  • Sep 9, 2010 11:28am Sep 9, 2010 11:28am
Ok I took this secondary trade on nzdusd this will be my first trade with this pair. Looks like some divergence on macd.

Hope it doesn't turn out like my runaway EURAud trade. LOL
Attached Image (click to enlarge)
Click to Enlarge Name: nzdusd second chance.gif Size: 21 KB
  • #70
  • Sep 9, 2010 11:40am Sep 9, 2010 11:40am
Quoting bpips
Toothman the entry method is good easy to follow for backtesting I will use that just let me know what pairs you would like me to test so we don't duplicate efforts. I have no favorites...

Thanks for the first results...
I'll finish out the EUR/USD up to present time. If you want, you could start another major like GBP/USD or USD/JPY. I guess the best pairs will be the ones that trend the least. When you test, can you make sure you advance the chart to where it would be in real time. Reason being the MACD and 6th indicator as you probably know will change position when you scroll from far right. Do you understand what I'm referring to?
  • #71
  • Sep 9, 2010 11:42am Sep 9, 2010 11:42am
Quote
secondary trade on nzdusd

me either
Hero calls followed by margin calls...
  • #72
  • Sep 9, 2010 1:54pm Sep 9, 2010 1:54pm
Quoting Toothman
I'll finish out the EUR/USD up to present time. If you want, you could start another major like GBP/USD or USD/JPY. I guess the best pairs will be the ones that trend the least. When you test, can you make sure you advance the chart to where it would be in real time. Reason being the MACD and 6th indicator as you probably know will change position when you scroll from far right. Do you understand what I'm referring to?
Absolutely that will work i will start with gbpusd one of my favorite pair...

let you know results soon...
  • #73
  • Sep 9, 2010 1:56pm Sep 9, 2010 1:56pm
I have a EAS set on AJ short...

this is another secondary trade hoping the AUD gets a little weak...still need AU to come down a little to get out of recovery trade..
  • #74
  • Sep 9, 2010 2:09pm Sep 9, 2010 2:09pm
Ok testing GU one year back Sept to Sept and sticking to strict rules.

RWB all over/under 15/85 along with price over/under green line and using the criteria for entry 1 ma outside the bbands and comming back in for entry or #2 EA.

I came up with 15 perfect trades.

11 wins and 4 loses. With a 50/50 stop and profit this would net +350 pips.

Edge would be 66%
  • #75
  • Sep 9, 2010 3:00pm Sep 9, 2010 3:00pm
Quoting bpips
Ok testing GU one year back Sept to Sept and sticking to strict rules.

RWB all over/under 15/85 along with price over/under green line and using the criteria for entry 1 ma outside the bbands and comming back in for entry or #2 EA.

I came up with 15 perfect trades.

11 wins and 4 loses. With a 50/50 stop and profit this would net +350 pips.

Edge would be 66%
bpips,
Thanks for the help. Did you mean gold instead of green lines? I'm only looking at price above/below gold line.
  • #76
  • Sep 9, 2010 3:06pm Sep 9, 2010 3:06pm
Ok,2009 had fewer trades (EUR/USD with the rules I posted earlier) but believe it or not didn't have one loosing trade. 14 wins . One standard lot per trade and that's $7000 for that year. I figure if leverage goes to 50:1 we could trade up to maybe 3 lots at a time and not risk a margin call since we would be using a stop loss.
  • #77
  • Sep 9, 2010 3:16pm Sep 9, 2010 3:16pm
Quoting bpips
I have a EAS set on AJ short...

this is another secondary trade hoping the AUD gets a little weak...still need AU to come down a little to get out of recovery trade..
Wow, me too!

I skipped a couple trades that seem a little scary with too many AU or NZ pairs...

I am limiting my AUD/NZD because they could be some runners if this thing turns on strong and having too many pairs of the same breed (aud, cad, nzd) concerns me...

Up about 90 pips today... Not bad..
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.jpg Size: 137 KB
We are our own best indicator.
  • #78
  • Sep 9, 2010 3:17pm Sep 9, 2010 3:17pm
Quoting Toothman
bpips,
Thanks for the help. Did you mean gold instead of green lines? I'm only looking at price above/below gold line.
Ok I took all rwb as long as above green lines...Still not bad but maybe better win/loss above gold only...

I agree on the larger lot size Ive been racking my brain trying to figure something out this may be it limited entries but higher percent wins...
  • #79
  • Sep 9, 2010 3:18pm Sep 9, 2010 3:18pm
Quoting Toothman
Ok,2009 had fewer trades (EUR/USD with the rules I posted earlier) but believe it or not didn't have one loosing trade. 14 wins . One standard lot per trade and that's $7000 for that year. I figure if leverage goes to 50:1 we could trade up to maybe 3 lots at a time and not risk a margin call since we would be using a stop loss.
I would never ever ever trade more than 5% of your total account on 1 trade.

Emotions come into play at that point. haha.... Just some advice... take it for what it is worth...
We are our own best indicator.
  • #80
  • Sep 9, 2010 3:20pm Sep 9, 2010 3:20pm
Quoting Toothman
Ok,2009 had fewer trades (EUR/USD with the rules I posted earlier) but believe it or not didn't have one loosing trade. 14 wins . One standard lot per trade and that's $7000 for that year. I figure if leverage goes to 50:1 we could trade up to maybe 3 lots at a time and not risk a margin call since we would be using a stop loss.
I can probably build an EA on this pretty easily. It may take me a week to get it done if you continue backtesting I will take note and see if I can get it to work.

I have similar EA's that I have done recently, but I am not the fastest coder...
We are our own best indicator.
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