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Multiple Trading systems gbpusd only

  • #1,121
  • Nov 2, 2010 7:04am Nov 2, 2010 7:04am
[quote=istvan;4140287]
Quoting robdee
This is my first update to the original indicator (v4) found in post #1077.

Version 5 changes include:

This is the situation at this time. Let us find out how it unfolds.
Good work Robdee and Zamanib

istvan.. i tink you have to consider trading according to trend.. the main trend is up.. so its not so good to take sell positions on 123 patern indicator signal...

this 123 indi from robdee is great, but you have to consider signlas only with main trend. i suggest you to look at normal m5 chart zoomed out to see what is the trend. today we had one great signal on rangebar with 123 indy, long signal.. and when you see the m5 trend it was up.. so the signal was valid..

look at my m5 pic and you will see clear trend... so that sell signal is to riski for me...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 31 KB
  • #1,122
  • Nov 2, 2010 7:14am Nov 2, 2010 7:14am
[quote=Kreator;4140413]
Quoting istvan


istvan.. i tink you have to consider trading according to trend.. the main trend is up.. so its not so good to take sell positions on 123 patern indicator signal...

this 123 indi from robdee is great, but you have to consider signlas only with main trend. i suggest you to look at normal m5 chart zoomed out to see what is the trend. today we had one great signal on rangebar with 123 indy, long signal.. and when you see the m5 trend it was up.. so the signal was valid..

look at my m5 pic and you will see clear trend......
Hi Kreator

yeah....agreed...trading with the trend is the way to go.
what setting for zigzag depth are you using?
(I am trading off a 5 minute chart, using higher time frames for trend direction)
I have been experimenting I think "4" seems to be about right.

PGPB
  • #1,123
  • Nov 2, 2010 7:28am Nov 2, 2010 7:28am
[quote=pgpb;4140436]
Quoting Kreator

Hi Kreator

yeah....agreed...trading with the trend is the way to go.
what setting for zigzag depth are you using?
(I am trading off a 5 minute chart, using higher time frames for trend direction)
I have been experimenting I think "4" seems to be about right.

PGPB
Hello pgpb..

i am testing now this new version.. ill let you know what is the best setings...

for now i only use rangebar indi on m2 and looking on m5 and higher charts for trend... when i see clear trend i svitch to rb chart and take normal 123 brekout.. it is simple..

ok, ill look at "4" setings now..
  • #1,124
  • Nov 2, 2010 7:36am Nov 2, 2010 7:36am
pgpb here is my pic from eurusd.. you can clearly see the trend.. and breakout...

i think someone have to open new thread 123 paterns and we can all learn and trade this type of sistems. inpruve indis etc.. becouse this thread is only for zaman gbp sistems.. and he wil be mad if we discuss other pairs.. hehe

The best way is to learn something about trend, and 123 paterns.. and every trader will be in plus every month..you dont need 20 indis to trade... just some basic staff... and 1-3 indis its ok..
Attached Image (click to enlarge)
Click to Enlarge Name: Untitledeurusd.png Size: 34 KB
  • #1,125
  • Nov 2, 2010 9:07am Nov 2, 2010 9:07am
Quoting Kreator
pgpb here is my pic from eurusd.. you can clearly see the trend.. and breakout...

i think someone have to open new thread 123 paterns and we can all learn and trade this type of sistems. inpruve indis etc.. becouse this thread is only for zaman gbp sistems.. and he wil be mad if we discuss other pairs.. hehe

The best way is to learn something about trend, and 123 paterns.. and every trader will be in plus every month..you dont need 20 indis to trade... just some basic staff... and 1-3 indis its ok..

Go for it guys -- any pairs-- go for it
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #1,126
  • Nov 2, 2010 9:21am Nov 2, 2010 9:21am
Quoting zamanib
Go for it guys -- any pairs-- go for it

thx zaman...

we will discuss here eurusd and gbpusd pairs.. if you allow us...

the princip is the same 123 and rangebars.. but some poeple trade only eurusd and some gbpusd... but the metod is the same... we will discusse and learne from each other to trade 123 etc.. if you allow us.. this is great thread... together we can do great staff..

best ragards...
  • #1,127
  • Nov 2, 2010 11:53am Nov 2, 2010 11:53am
Quoting Kreator
thx zaman...

we will discuss here eurusd and gbpusd pairs.. if you allow us...

the princip is the same 123 and rangebars.. but some poeple trade only eurusd and some gbpusd... but the metod is the same... we will discusse and learne from each other to trade 123 etc.. if you allow us.. this is great thread... together we can do great staff..

best ragards...
Go for it man-- that is the goal for every one to benifits--
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #1,128
  • Nov 2, 2010 1:04pm Nov 2, 2010 1:04pm
Quoting robdee
Version 5 changes include:

 

  1. show the first signal in a new direction and keep showing that first signal even when a new larger pattern engulfs the first one.

I am seeing an example of this new behaviour right now...

Attached Image (click to enlarge)
Click to Enlarge Name: v5keepfirstsignal-gbpusd-m2-20101102.gif Size: 11 KB


Zaman teaches as long as #1 is not broken the trade is still good.
  • #1,129
  • Nov 2, 2010 1:50pm Nov 2, 2010 1:50pm
Found this well written article by Ken Wood about why rangebars are so useful.

RangeBars article here

Free Range_Bar indicator here
  • #1,130
  • Nov 3, 2010 10:42am Nov 3, 2010 10:42am
here is my setup for valid sell signal. normal m5 chart is looking in downtrend... and m2 rb chart is placing 123setup .... i didnot take this signal becouse today is news day for eurusd etc... so i am not trading... it could hapen everything... but in regular day ill take this trade... tp 15-20 ....

123 indi is depth- 1 i gives more signals but you can filter all bad signals looking at normal m5 chart... when we see clear trend plus 123 signal it is secure to take 15-20 pips easely...
Attached Image (click to enlarge)
Click to Enlarge Name: Untitled.png Size: 53 KB
  • #1,131
  • Nov 3, 2010 12:52pm Nov 3, 2010 12:52pm
Quoting Kreator
you can filter all bad signals looking at normal m5 chart... when we see clear trend plus 123 signal it is secure to take 15-20 pips easely...
Kreator I like your idea to have another view of trend. I am a trend-follower because I find it is more efficient than taking every signal. What is the red moving average line on your M5 chart ?
  • #1,132
  • Nov 3, 2010 1:47pm Nov 3, 2010 1:47pm
Quoting Kreator
new RB indi.... not comercial.. free to use... just put the indi in indy folder. drag it to m1 chart, open m2 chart...

i think this is the best free version..
Hi Kreator:

For me also is the best Range indicator, thanks
One question: can work with 3 bars range?. If so how can it be modified?
Best Regards.
  • #1,133
  • Nov 3, 2010 9:54pm Nov 3, 2010 9:54pm
I am buying gbpusd 16113- sl 16077 tp 16163

if stop out will sell at 16077
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #1,134
  • Nov 4, 2010 3:09am Nov 4, 2010 3:09am
Quoting zamanib
I am buying gbpusd 16113- sl 16077 tp 16163

if stop out will sell at 16077
Good -- call on tradewin tp 16163 --
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #1,135
  • Nov 4, 2010 4:27am Nov 4, 2010 4:27am
Quoting zamanib
Good -- call on tradewin tp 16163 --
great call indeed
Raza
  • #1,136
  • Nov 4, 2010 4:40am Nov 4, 2010 4:40am
I will try to post tradewin signal-- When I can- with the same setup tp sl and entry-- as of right now looking to sell @16103 -- but this could change as price moves up and down -- will try to post as soon as I got confirmation from tradewin-
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #1,137
  • Nov 4, 2010 4:43am Nov 4, 2010 4:43am
Quoting Kreator
thx zaman...

we will discuss here eurusd and gbpusd pairs.. if you allow us...

the princip is the same 123 and rangebars.. but some poeple trade only eurusd and some gbpusd... but the metod is the same... we will discusse and learne from each other to trade 123 etc.. if you allow us.. this is great thread... together we can do great staff..

best ragards...
Can you please take over the 123 system- since this was yours originally -- please post setup and any improvements-

All my focus is on tradewin-- and I will try to post my setup
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #1,138
  • Nov 4, 2010 4:52am Nov 4, 2010 4:52am
Quoting robdee
Kreator I like your idea to have another view of trend. I am a trend-follower because I find it is more efficient than taking every signal. What is the red moving average line on your M5 chart ?

hello robdee, here is my MA indicator...
I allso love trading with the trend...

I see that your 123 indi show most signals when trend is starting,, its to riski to take that trades.. can we somehow setup indi to show all signals..

example... when trend started, signal appeare, but in this trend we have 2-3 more 123 wawes, and 123 indi is not showing them... you can see the pic..

sorry my english is bad,, but ill try to exlane more, if you dont understand..
Attached Image (click to enlarge)
Click to Enlarge Name: rrrr.png Size: 27 KB
Attached File(s)
File Type: ex4 MA_AllAverages_v2.2_mtf.ex4   25 KB | 529 downloads
  • #1,139
  • Nov 4, 2010 4:56am Nov 4, 2010 4:56am
Quoting zamanib
Can you please take over the 123 system- since this was yours originally -- please post setup and any improvements-

All my focus is on tradewin-- and I will try to post my setup

yes i can... no problem...
  • #1,140
  • Nov 4, 2010 4:59am Nov 4, 2010 4:59am
Quoting chaveznqoos
Hi Kreator:

For me also is the best Range indicator, thanks
One question: can work with 3 bars range?. If so how can it be modified?
Best Regards.

from my experiance, the best for eurusd and gbpusd pairs is 15 pips range bar... but if you fell succes with 3-5 , you can use this setup...

i think inside the indi you can configure how long bars you want..

regards..
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