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Nanningbob 4h trading system ver. 5.0

  • #3,421
  • Nov 18, 2010 11:51pm Nov 18, 2010 11:51pm
Quoting Radio
this thread is so quiet lately I feel like I am the only one trading it...
Just making money now. Up 10% since using 6.2. Very simple win rate is around 65% closing trades that dont move. Sometimes I dont catch the close and then I go to my multi level trade but since I close some trades I have very few of them and my DD is very light.
  • #3,422
  • Nov 19, 2010 2:33am Nov 19, 2010 2:33am
Helo..
can anybody help to direct me with link / documentation related to EA #4 Above.
When I download in page one. I can only find doc on how to use EA #1-3.

Another question, where can I download ver 6.2?
I do not see it in post #1
Thank you in advance


Regards
  • #3,423
  • Nov 19, 2010 7:04am Nov 19, 2010 7:04am
this is the TMA at Bob's original settings but I have it set to send email I think so you may need that set to false[/quote]


Radio, many thaks for your prompt answer
  • #3,424
  • Nov 19, 2010 11:39am Nov 19, 2010 11:39am
Quoting nanningbob
Just making money now. Up 10% since using 6.2. Very simple win rate is around 65% closing trades that dont move. Sometimes I dont catch the close and then I go to my multi level trade but since I close some trades I have very few of them and my DD is very light.
Hi Bob

AS you know I have stuck with 5.3 and I am quite happy with it. To be honest with you I have not been following the development of version 6 thoroughly. I look through the attachments and could not find any files for 6.2. There is a 6.1 zip file and some *.doc instructions by spgandau.

If you have any free time could you be kind enough to put a version 6.2 zip folder with the EA and indis and instructions in post one. I am sure Spgandau would not mind if you edit his existing file. This would stop unwanted posts asking for the above.

Kind Regards
  • #3,425
  • Nov 19, 2010 11:44am Nov 19, 2010 11:44am
Quoting nanningbob
Just making money now. Up 10% since using 6.2. Very simple win rate is around 65% closing trades that dont move. Sometimes I dont catch the close and then I go to my multi level trade but since I close some trades I have very few of them and my DD is very light.
I decided to switch the combo of 5.3 and 6.1 live after a short refresher on demo. I came to the thread just before the 6.0 release and the market was trending and a large amount of DD when i started 5.3.

On a huggie run on the AUDCAD I used the 5x2 cross ea from 6.1 as the entry and got 30 on that. it was nice to us that. I made a template with the 5.3 BB and the 6.1 5x2 ma's.

I have 4 templates I use not for decision on entry
1. 5.3 blank with 2 TMA's (main)
2. 5.3-6.1 combo
3. #3 bulge
4. #7 (rarely used)

results today
usdchf +66
audjpy +70
eurcad +8
gbpjpy +70
total 214 pips

this week I am up 4.4% (or 650 pips) but that is skewed a bit since I can only trade micro lots in round numbers. so as I am only able to trade a dime for every thousand and I am stuck at that level until I make another $1,000. If my broker allowed me to trade pennies and dimes I would be cooking then for sure. If I figured the percentage off lower thousand that gives me the lot size I made 7%.

Thank you Bob this is my best week ever trading!

If anyone wants my templates let em know and I will post them.
  • #3,426
  • Nov 19, 2010 11:45am Nov 19, 2010 11:45am
Quoting astral77
Hi Bob

AS you know I have stuck with 5.3 and I am quite happy with it. To be honest with you I have not been following the development of version 6 thoroughly. I look through the attachments and could not find any files for 6.2. There is a 6.1 zip file and some *.doc instructions by spgandau.

If you have any free time could you be kind enough to put a version 6.2 zip folder with the EA and indis and instructions in post one. I am sure Spgandau would not mind if you edit his existing file. This would stop unwanted posts asking for the above....
I think 6.2 is really 5.3 and using 6.1 as the recovery.
  • #3,427
  • Edited 12:38pm Nov 19, 2010 12:26pm | Edited 12:38pm
Quoting Radio
I think 6.2 is really 5.3 and using 6.1 as the recovery.
Thanks for your reply, I think the sixths indi has beeN replaced by the TMA. please do post your templates. I know Bob is very busy. I do not know if he managed to get a relief teacher or not.In any case an updated folder or even a new thread would make it much easier in particular for the people new to the system.

Kind regards
  • #3,428
  • Edited 1:29pm Nov 19, 2010 1:20pm | Edited 1:29pm
These are templates that I have adjusted and not endorsed by anyone but me.

********Again this is my version of Bob's system.**********

I have also included the TMA that I titled "OUTER".

and MY recovery table or how many lots I used as a framework to get out of DD. This is not the traditional 2.4.2 or 1.1.3. This is my interpretation of a post by Bob on how to recover in 6.1

Please note that in 5.3 we took trades based on price location to the BB and 6th's. I think that is why we got so many runner's into DD. Now....

What I do is wait until the BB and TMA are in the same area before turning on the proper EA for trade entry.

We all know where the 6ths are so I think subconsciously I look at that as well even though they are not on my chart.

Please understand I am not trying to take any credit here for any of this work. I have just arranged the pieces in a different order for what works for my brain and restricted time...any feedback is welcome. good luck
Attached File(s)
File Type: zip my templates 11.19.zip   22 KB | 708 downloads
File Type: xls recovery 6.1.xls   31 KB | 469 downloads
  • #3,429
  • Nov 19, 2010 2:03pm Nov 19, 2010 2:03pm
Nanningbob, do you have a template for your 6.2 version or are you using the 6.1?
  • #3,430
  • Nov 19, 2010 2:04pm Nov 19, 2010 2:04pm
Radio, Very nice work. Very informative.. Thanks
  • #3,431
  • Nov 20, 2010 5:13pm Nov 20, 2010 5:13pm
Here is my chart of 6.0 and 6.1 tests. You can see the increase of the angle when I switched to 6.1. You can also see the small dips when I am taking out trades that dont go anywhere. My win ratio is just above 65%. So taking out trades that may not go anywhere has greatly decreased my DD. I also am trading my .10 per thousand so in these trades I did .03 to 400. If I can get through the Christmas period successfully then at the beginning of the year I can increase my account and trade a larger fund.

I have to judge an English contest all day today. The winner goes to Beijing. One of my students has a good chance of winning so we will see.
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 6 KB
  • #3,432
  • Nov 20, 2010 5:57pm Nov 20, 2010 5:57pm
Ladies and gentlemen....

This trading method is extraordinary and could shoot you out of your
personal comfort zone if you stick to the rules ....

I'm trading this method since June 2010 and will start my own fund in 2011.

Happy trading and thanks Bob

Bernhard
  • #3,433
  • Nov 21, 2010 3:50am Nov 21, 2010 3:50am
Quoting Radio
These are templates that I have adjusted and not endorsed by anyone but me.

********Again this is my version of Bob's system.**********

I have also included the TMA that I titled "OUTER".

and MY recovery table or how many lots I used as a framework to get out of DD. This is not the traditional 2.4.2 or 1.1.3. This is my interpretation of a post by Bob on how to recover in 6.1

Please note that in 5.3 we took trades based on price location to the BB and 6th's. I think that is why we got so many runner's into DD. Now....

What I do is wait...
I am not exactly sure if any of you want to know this but I thought it might help to put it out there and since I just got home from work , drove thru a snow storm and left my Jeep stuck in the driveway and can't got to sleep...here goes.

Trade I would not take just because price was at the BB...
http://i688.photobucket.com/albums/v...onaut/11-7.gif

On the same chart I will mark trades I would load the EA and which one. I consider my trade entry area from the dotted TMA (bob's original setting at 2.0 atr multiplier) out.

http://i688.photobucket.com/albums/v...onaut/11-8.gif

if it is a huggie like this I then switch to the 5.3-6.1 combo template and trade the 6.1 EA
http://i688.photobucket.com/albums/v...onaut/11-9.gif
this is the combo template
http://i688.photobucket.com/albums/v...naut/11-10.gif
  • #3,434
  • Nov 21, 2010 1:33pm Nov 21, 2010 1:33pm
Hi Folks

I am back after a most frustrating 3 months of no connectivity due to a job change and crappy Telco service.

I seem to have missed the fun had by all in the markets of late. I have one of my 4 accounts in a bad way other 3 are stable due to hedges put in prior to the connectivity failure. Lost the Kids accounts though, (Did this just to prove Astral77 right with my way to high lot size) Overall the kids accounts pulled out $3500 each on a $1000 account so the loss is acceptable as schoolfees.

Have loaded the V6 templates and will rejoin the fray with you chaps.

Happy pipping
  • #3,435
  • Nov 21, 2010 8:54pm Nov 21, 2010 8:54pm
To let you know what I am working on. I am working on combining the 5.0 and 6.0 series into one. This will take some of the 5.0 trading systems and using the 6.0 series as both entrance and recovery. The using of the BB outside the TMA seems to help in filtering out some of the BB runners. I really like using 6.0 series for all my recoveries now. I end up with only two levels deep at the very most if used properly. Will work on it and maybe have time to put together during the Thanksgiving to Christmas recesses. Then maybe happy with the entire system. Those are my thoughts for now.
  • #3,436
  • Edited 3:06am Nov 23, 2010 2:55am | Edited 3:06am
Quoting nanningbob
To let you know what I am working on. I am working on combining the 5.0 and 6.0 series into one. This will take some of the 5.0 trading systems and using the 6.0 series as both entrance and recovery. The using of the BB outside the TMA seems to help in filtering out some of the BB runners. I really like using 6.0 series for all my recoveries now. I end up with only two levels deep at the very most if used properly. Will work on it and maybe have time to put together during the Thanksgiving to Christmas recesses. Then maybe happy with the entire...
I can't wait to see your refinements. Thanks Again Bob for all you do and offer to us here.

I hope all the news today get the market moving again! stick in the mud for hours and hours.....

no EA's on for entry, but I pulled down 116 on Monday...bed time here in the mountains.
  • #3,437
  • Nov 23, 2010 3:49am Nov 23, 2010 3:49am
Quoting Radio
I can't wait to see your refinements. Thanks Again Bob for all you do and offer to us here.

I hope all the news today get the market moving again! stick in the mud for hours and hours.....

no EA's on for entry, but I pulled down 116 on Monday...bed time here in the mountains.
I think I can simplify the system into 3-4 entrance trades and one recovery system that will go 2 levels deep unless you get sprung too quickly and then you can go 3. I have had two trades go to a normal 3 level deep but with only one active level the EA waits patiently for the price to retrace. I do my L2 formula to get BE in less than 100 pips and both worked like a charm. One of those trades didnt move in the 4-8 hours so I clicked out of the 2L trade and wait two days for a new L2 which now was 360 pips away. Price move 136 pips with the formula and I made a small profit. The nice thing was the DD is so much less that way. I really like the 6.1 recovery a whole bunch.
  • #3,438
  • Edited 6:00am Nov 23, 2010 5:21am | Edited 6:00am
Quoting nanningbob
I think I can simplify the system into 3-4 entrance trades and one recovery system that will go 2 levels deep unless you get sprung too quickly and then you can go 3. I have had two trades go to a normal 3 level deep but with only one active level the EA waits patiently for the price to retrace. I do my L2 formula to get BE in less than 100 pips and both worked like a charm. One of those trades didnt move in the 4-8 hours so I clicked out of the 2L trade and wait two days for a new L2 which now was 360 pips away. Price move 136 pips with the formula...
this is exactly what i did in the last two months: every time i need a second entry i calculate:

L2= |(L1*(P2+X-P1))/X|

L1=lot first level
L2=lot second level
P1= first entrance price
P2= second level price
X= pips to be added to P2 to get the BE

then after deciding x (that could also be a % of |P1-P2|) i immediately get the right L2!

third level formula would be:

L3= |(L1*(P3+X-P1)+L2*(P3+X-P2))/X|

i'm thinking to code an indi that display the correct L2 or L3 if it finds that there's a trade with -ve pips..
the only problem is that i'm a really bad coder....
  • #3,439
  • Nov 23, 2010 10:06am Nov 23, 2010 10:06am
Quoting nanningbob
I think I can simplify the system into 3-4 entrance trades and one recovery system that will go 2 levels deep unless you get sprung too quickly and then you can go 3. I have had two trades go to a normal 3 level deep but with only one active level the EA waits patiently for the price to retrace. I do my L2 formula to get BE in less than 100 pips and both worked like a charm. One of those trades didnt move in the 4-8 hours so I clicked out of the 2L trade and wait two days for a new L2 which now was 360 pips away. Price move 136 pips with the formula...
I guess that I picked the same thing up from you posts that is what I am doing, but I still have some DD from 2-6.0 trades and 3-6.1 on EU and NZDJPY that I am working on getting out of w/o a loss. This will be interesting if it does not happen in the next 3 weeks.

the market is ripe now and I have everything set that I can...Blizzard coming to Utah and I have to go to work....over and out.
  • #3,440
  • Nov 23, 2010 12:36pm Nov 23, 2010 12:36pm
Hi Bob.
Could you please clarify your L2 entry a bit more. This is my understanding: "We enter with L1. Price doesnt move in our favor within 8 hours of the entry, so we close our trade and dont wait 200-250 pips as we did before. Now, question is: What is our entry point for re-entry? Plus, what level or lot are we using?

Thanks
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