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STARC Bands Trading Systems

  • #61
  • Oct 16, 2010 3:25pm Oct 16, 2010 3:25pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd starc long trend.gif Size: 35 KB


You may want to change the 170 to 200, for preferrence and add a 15, with the 30 for the dual color change and ma cross. If someone finds some better settings please post. Thanks Slack for explaning the installation. Renko is a script and should be put in the script folder.Everyone have a good weekend.

fishman356
  • #62
  • Oct 16, 2010 6:37pm Oct 16, 2010 6:37pm
Quoting E2u
Hi
Can you go to Kennys thread and help me to explain what we want because he is going to help us with the Dashboard so we can test the theory.
Hi Harry

Thanks very much for your suggestion. I have just visited Kenny`s thread and I see you have been discussing this method in some detail. The idea of a dashboard is pure genius and hopefully Kenny would give us a very nice present. Lets hope and see.

Kind Regards
  • #63
  • Oct 16, 2010 6:54pm Oct 16, 2010 6:54pm
Quoting astral77
Hi Harry

Thanks very much for your suggestion. I have just visited Kenny`s thread and I see you have been discussing this method in some detail. The idea of a dashboard is pure genius and hopefully Kenny would give us a very nice present. Lets hope and see.

Kind Regards
Thanks for showing Kenny that its not only me who want to try this.
Its easier with the Dashboard to test all currency same time. I saw many things when I was testing. The arrows from the BB Starc indicator did not turn up often even if there was a trading opportunity. Same with the TMA indicator. It always came late and when I already had made some pips.
  • #64
  • Oct 16, 2010 6:57pm Oct 16, 2010 6:57pm
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd starc rb 5.gif Size: 24 KB


Hear is a pic of a 5 pip range bar chart with Starc Bands," 10 pips may work bettter.
"NO" I am not giving away my range bar script, and the other indi is a supertrend which can be found on ff.

Astral77, your system looks promising, need to test it live.

fishman356
  • #65
  • Oct 16, 2010 8:13pm Oct 16, 2010 8:13pm
Quoting E2u
Thanks for showing Kenny that its not only me who want to try this.
Its easier with the Dashboard to test all currency same time. I saw many things when I was testing. The arrows from the BB Starc indicator did not turn up often even if there was a trading opportunity. Same with the TMA indicator. It always came late and when I already had made some pips.
Hi Guys

IMHO we need to play around with the starc and BB setting to get the optimum level. I hope you have seen my correction post regarding the arrows, basically the arrows only appear after both BB have been inside STARC bands and then one band breaks out. That is why you do not see them in every instance.

Fishman, Thanks very much for your posts. The reason I called the thread "trading SYSTEMS" rather than system was to encourage various methods of utilizing the starc bands, so keep up the good work. I think same thing applies to renko, ESTRADER advocates using 50 pip bars, I have experimented with different size bars and 10 pip and 20 pip seems to be good settings for our purposes. If you produce a system for discussion here it would be useful to post the indicators you are using in order for others to be able to follow and test your system.

Kind Regards

Kind regards
  • #66
  • Oct 16, 2010 9:27pm Oct 16, 2010 9:27pm
Sorry, I paid for the range bars, I"m not giving them for free.

fishman356
  • #67
  • Edited Oct 17, 2010 9:21pm Oct 16, 2010 9:45pm | Edited Oct 17, 2010 9:21pm
Quoting fishman356
Sorry, I paid for the range bars, I"m not giving them for free.
fishman356
Sorry did not know it was copy right file. Obviously you can not do that you will be in trouble.

Kind regards
p.s. another document I found on FF "trendcatcher Gold" + indicator RSI TC mentioned in the document+ a bbsqueeze v8 (these are available in AKUMA99 thread plus much more).
Attached File(s)
File Type: doc TREND_CATCHER GOLD SIGNAL.doc   79 KB | 771 downloads
File Type: mq4 RSI-TC.mq4   5 KB | 669 downloads
File Type: mq4 Bollinger Squeeze v8.mq4   5 KB | 743 downloads
  • #68
  • Oct 17, 2010 9:31pm Oct 17, 2010 9:31pm
Quoting astral77
Sorry did not know it was copy right file. Obviously you can not do that you will be in trouble.

Kind regards
p.s. another document I found on FF "trendcatcher Gold" + indicator RSI TC mentioned in the document+ a bbsqueeze v8 (these are available in AKUMA99 thread plus much more).
This we need to show Kenny so he don't get extra work to put it in later. Better to get this thing included directly.
Can you show him please. You are good writing in English.
  • #69
  • Oct 17, 2010 9:57pm Oct 17, 2010 9:57pm
Put this indicator in the background so you get the right feeling when you test this things.
Attached Image (click to enlarge)
Click to Enlarge Name: tsr.jpg Size: 63 KB
Attached File(s)
File Type: mq4 #(T_S_R) SIGNAL Alert Alarm GMT_Shift.mq4   56 KB | 744 downloads
  • #70
  • Edited 5:32am Oct 18, 2010 4:15am | Edited 5:32am
Quoting E2u
Put this indicator in the background so you get the right feeling when you test this things.
Thanks very much Harry, loaded it up. I will write to kenny shortly. I am have been very busy lately (work as well as personal commitements), however, i do like the way you combined the BB-STARC with TMA. IMHO NB version 6 needs an extra filter for sure and this maybe it. I have been trading Bob`s system with profit since March (despite losses in September and October) and have the greated respect for BOB and his ideas, but I am not sure TMA on its own would do the trick for version 6.

Kind regards
  • #71
  • Edited 9:57am Oct 18, 2010 9:31am | Edited 9:57am
Quoting astral77
Thanks very much Harry, loaded it up. I will write to kenny shortly. I am have been very busy lately (work as well as personal commitements), however, i do like the way you combined the BB-STARC with TMA. IMHO NB version 6 needs an extra filter for sure and this maybe it. I have been trading Bob`s system with profit since March (despite losses in September and October) and have the greated respect for BOB and his ideas, but I am not sure TMA on its own would do the trick for version 6.

Kind regards
I use TSR indicator as NB use Sixths Screen Indicator. Only for control where you are, but on the daily basis. This must bee similar to the RSI indicator for an EA. Its only for know daily high and low and no mans land.
I have a secret.
If this combinations of indicators works it will be used as an detonator for a bigger bomb.
If the dashboard shows what I want to see I send you the materials for the bomb in my bad English and you make the text and give it to Steve.
Then we can hope that Steve put the detonator to the plutonium and we can test and see if we get that nuclear reaction I'm hoping to get.

Kind regards
  • #72
  • Edited 11:04am Oct 18, 2010 10:20am | Edited 11:04am
Quoting E2u
I use TSR indicator as NB use Sixths Screen Indicator...my bad English and you make the text and give it to Steve.
Then we can hope that Steve put the detonator to the plutonium and we can test and see if we get that nuclear reaction I'm hoping to get.
Kind regards
There is nothing wrong with your English, only very few minor mistakes here and there. It is much better than my Spanish (you should see me when I try to speak Spanish, sounds more like ESPERANTO than Spanish). I feel that you have a lot to contribute to the FF community. Not only with the development of the system but in particular in the field of money and risk management (bearing in mind your background). This is a field that has been neglected badly.

It will be my honour to edit your ideas and present them to Steve for his consideration. I already asked him to have a look, however, since our strategy is in its infancy I told him not to bother if he has no free time. Once we have something solid and concrete which can be proven to work by manual trading as well as back testing then we can ask him to give serious consideration to it.

In the meanwhile this thread is slowly attracting innovative traders such as FISHMAN who have an interest in STARC and are using or experimenting with this indicator in various ways. I hope by having different schools of thought in one thread we can adapt, copy and develop a viable system.

Kind regards
P.S. I JUST HAD THIS PM from Kenny
"Just a heads up here......I expect this to take a couple of weeks as I am busy with a training course at work and I have to focus on that.....bread & butter and all that.
Please keep the ideas coming and I will try and keep on top of matters but the real graft can only really start when my course is behind me.
I would also be looking for some practical suggestion on how to implement the various indicators into the dashboard, so please study the Bol_TP dashboard and get the guys to offer ideas on the appearance. This is actually the most difficult part........deciding how to tell the user what is happening.......the actual code logic is straight forward.
You will see from the Bol_TP dashboard that I only like it to display colors when there is a something interesting happening.....a dashboard that looks like a christmas tree is not really telling one anything."

As you can see he is very busy so we have to wait a while I am afraid (as they say all good things come to those who wait).
  • #73
  • Oct 18, 2010 12:57pm Oct 18, 2010 12:57pm
Hey guys,
astral attracted me to get familiar with this thread and take part in the
bollinger bands discussion :]

don't have a lot of time cause of university right now, but i gonna read the thread this week and try to help u ; p

indicator looks very interesting, BB's are always nice to analyze and there are many many many different set ups with BB's....

so let's see what we'll get out of this thread : )

so far....
Jonas
Hero calls followed by margin calls...
  • #74
  • Oct 18, 2010 12:58pm Oct 18, 2010 12:58pm
Quoting fishman356
Sorry, I paid for the range bars, I"m not giving them for free.

fishman356
lol : p
Hero calls followed by margin calls...
  • #75
  • Oct 20, 2010 5:00am Oct 20, 2010 5:00am
any further results, ideas?

thread needs a bit more traffic...
Hero calls followed by margin calls...
  • #76
  • Oct 20, 2010 8:09am Oct 20, 2010 8:09am
Quoting PhAnTi'
any further results, ideas?

thread needs a bit more traffic...
Hi PhAnti
I'm working on the next step if the new Dashboard shows what I want to see. We have to wait couple of week for that. The Bol_Starc will be a part in a bigger system. I need a detonator and hope that Bol_Starc is that part I'm missing.
  • #77
  • Oct 20, 2010 8:17am Oct 20, 2010 8:17am
Quoting E2u
Hi PhAnti
I'm working on the next step if the new Dashboard shows what I want to see. We have to wait couple of week for that. The Bol_Starc will be a part in a bigger system. I need a detonator and hope that Bol_Starc is that part I'm missing.
4
looking forward to it
Hero calls followed by margin calls...
  • #78
  • Oct 20, 2010 9:06am Oct 20, 2010 9:06am
Quoting E2u
Hi PhAnti
I'm working on the next step if the new Dashboard shows what I want to see. We have to wait couple of week for that. The Bol_Starc will be a part in a bigger system. I need a detonator and hope that Bol_Starc is that part I'm missing.
Hi Guys

The thread is slow moving because everyone is so busy, Phanti has his studies, Bluemele is extremely busy, Steve is fully occupied with the BEAST, Kenny is on a course, I am managing one company and helping a friend with administration of his company. As you know with us amateur retail traders our main income has to come first. We desperately need the help of some coders, I have contacted other coder friends and they are occupied as well so we are waiting.

I am testing Steves original Starc EA and despite the fact that I think the basic theory behind the EA is sound but the strategy has its weakness. the results for the past two weeks have resulted in a gain of 500 pips (50 pips per day on average), however, I think the good results are just luck and due to the current market conditions rather than the effectiveness of the EA.

In the meantime Harry (E2U) is testing some innovative ideas and I am also trying different combinations using visual back testing manually, however, this is a slow process and a hit and miss affair. IMHO the STARC-BB filter can be used in variety of systems to determine the validity of the trades. I am using it with nanningbob`s system to filter the trades and it is working quite well. Once I get some free time I will post some charts to demonstrate the concept.

Kind Regards
  • #79
  • Edited 10:08am Oct 20, 2010 9:41am | Edited 10:08am
Quoting astral77
Hi Guys

[color=black][font=Verdana]The thread is slow moving because everyone is so busy, Phanti has his studies, Bluemele is extremely busy, Steve is fully occupied with the BEAST, Kenny is on a course, I am managing one company and helping a friend with administration of his company. As you know with us amateur retail traders our main income has to come first. We desperately need the help of some coders, I have contacted other coder friends and they are occupied...

Hi
I changed timeframe on Steve's latest Dashboard last night and tested my idea. http://www.forexfactory.com/showthread.php?t=257876 My strategy is working with his Dashboard but I have not had time to study the strategy behind the Dashboard. What do we do. I want to test…. Or shall we wait for Bol_Starc..
Attached Image
  • #80
  • Oct 20, 2010 11:20am Oct 20, 2010 11:20am
Quoting E2u
Hi
I changed timeframe on Steve's latest Dashboard last night and tested my idea. http://www.forexfactory.com/showthread.php?t=257876 My strategy is working with his Dashboard but I have not had time to study the strategy behind the Dashboard. What do we do. I want to test…. Or shall we wait for Bol_Starc..
Hi

This dashboard only uses RSI to find the trend, whereas BB Squeeze indicator uses Stoch, CCI as well as RSI. Having said that, professional traders such as Scooby only use RSI to indicate the trend, however, if your strategy works using RSI dashboard, then fair enough we have nothing to lose. Can test your theory using this dashboard while we are waiting for Kenny to finish BOL_Starc.

I have few hours of free time tomorrow, so if you wish you can post your idea here and I can test it as well and who knows maybe some other people would give it a go also.

Kind Regards
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