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Gbpusd trading system

  • #41
  • Dec 9, 2010 4:00am Dec 9, 2010 4:00am
on mig 30pips rangebars new signal
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #42
  • Dec 9, 2010 5:01am Dec 9, 2010 5:01am
How to tune two different pips frame (15&30) in one terminal? Right now I use only 15
  • #43
  • Dec 9, 2010 5:10am Dec 9, 2010 5:10am
Signal worked for scalping; down from 1.5776 to 1.5747 by 12:09 Paris time.
Now take care, the British data is due in less than a hour...
  • #44
  • Edited 6:08am Dec 9, 2010 5:12am | Edited 6:08am
Hello guys

I am fun of this sistem..and like it coos of those range bars and coos of such a simplity..thanks for shareing

Please tell me..if there is ranging market..When we get in an period of ditribution or accumuliation...How and what can prevent us and if there is any indi that can save us from those conditions

I am using this sistem also on a smaller range range bars...At the moment on 6 and 8..but 6 for now looks good...Small SLs and small TPs

All the best and plese give me idea what to do in those periods

Bye

PS
There is an Super Trend MTF...and i set it on 15 min so i see bigger picture and trend on that small chart frame
But that way this nice down move today on eurusd was not by the rules...hm
Work smart not hard
  • #45
  • Dec 9, 2010 6:27am Dec 9, 2010 6:27am
Quoting dzhini
How to tune two different pips frame (15&30) in one terminal? Right now I use only 15
I have 3 pc -- so it is not heavy on the cpu-- but you can load on 3 mt4

15 30 and 50 -- or experiment with -- any as you wish

it was a nice move on the 15 and 30
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #46
  • Dec 9, 2010 6:39am Dec 9, 2010 6:39am
Yes the have to keep relaod the indicator sidusv2-- the arrow appears and disappear--

We need a programmer to fix this up also and ea for this system
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #47
  • Edited 7:15am Dec 9, 2010 6:49am | Edited 7:15am
Quoting zamanib
Yes the have to keep relaod the indicator sidusv2-- the arrow appears and disappear--

We need a programmer to fix this up also and ea for this system
I am a MQL4 programmer, and I will try to create an EA for this system during the coming week-end, it's really challenging.
In fact, here's the simplest idea:
- make your sidus indicator (running on the offline rangebar chart) write the signal to a file instead of sound alarm;
- create an EA which reads signals from that file, and opens trades accordingly;
- run the EA on a real-time chart. THAT'S ALL FOLKS
  • #48
  • Dec 9, 2010 8:05am Dec 9, 2010 8:05am
Quoting Norg
I am a MQL4 programmer, and I will try to create an EA for this system during the coming week-end, it's really challenging.
In fact, here's the simplest idea:
- make your sidus indicator (running on the offline rangebar chart) write the signal to a file instead of sound alarm;
- create an EA which reads signals from that file, and opens trades accordingly;
- run the EA on a real-time chart. THAT'S ALL FOLKS
The rules is simple-- we want the indicator to show an arrow when the 15 or 30 or 50 rangebar close below the 2 ema's 14 and 21(close) and rsi is below 50 this will be down arrow = sell the opposite for buy
note the arrow must remain and not disappear.

note the ema's 14 21 (close)
the rsi 17 (close)
this is same as sidus v2

thank you -- the ea will be great also
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #49
  • Dec 9, 2010 8:07am Dec 9, 2010 8:07am
who is in on the 15 my ea took a trade on next system
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #50
  • Dec 9, 2010 8:42am Dec 9, 2010 8:42am
Quoting zamanib
The rules is simple-- we want the indicator to show an arrow when the 15 or 30 or 50 rangebar close below the 2 ema's 14 and 21(close) and rsi is below 50 this will be down arrow = sell the opposite for buy
I just analyzed the code of sidus v2.
It only takes into account the EMAs crossing and the RSI:
- if EMAs cross up AND RSI > 50, then BUY;
- if EMAs cross down AND RSI < 50, then SELL.
It does NOT take into account the range bars close price!
If I understand well, you want to use the range bar close price INSTEAD of EMAs cross, that's it? Conditions will then be:
- If the range bar closes above both EMAs AND RSI > 50, then BUY;
- If the range bar closes below both EMAs AND RSI < 50, then SELL.
Please confirm.
  • #51
  • Dec 9, 2010 9:49am Dec 9, 2010 9:49am
Hi Guys,

I wrote an EA on this and I'm forward testing. What do you think about opening 2 trades at the same time, maybe TP 15 pips for the first trade and then let the second trade jump stop at 15 pips. Just a thought.

I will let you know the results and then if it looks like it is working I will post it here.

Thanks - TCO
  • #52
  • Edited 10:28am Dec 9, 2010 10:17am | Edited 10:28am
Quoting TallCoolOne
Hi Guys,

I wrote an EA on this and I'm forward testing. What do you think about opening 2 trades at the same time, maybe TP 15 pips for the first trade and then let the second trade jump stop at 15 pips. Just a thought.

I will let you know the results and then if it looks like it is working I will post it here.

Thanks - TCO
Thats what I say :o) We also can change rules: one EMA (slow) breakout & confirmation CCI (48) cross 0.
1. Cross EMA up -> CCI cross zero up
2. Cross EMA down -> CCI cross zero down
3. Cross EMA up -> CCI already up
4. Cross EMA down -> CCI already down
  • #53
  • Dec 9, 2010 11:12am Dec 9, 2010 11:12am
Quoting Norg
I just analyzed the code of sidus v2.
It only takes into account the EMAs crossing and the RSI:
- if EMAs cross up AND RSI > 50, then BUY;
- if EMAs cross down AND RSI < 50, then SELL.
It does NOT take into account the range bars close price!
If I understand well, you want to use the range bar close price INSTEAD of EMAs cross, that's it? Conditions will then be:
- If the range bar closes above both EMAs AND RSI > 50, then BUY;
- If the range bar closes below both EMAs AND RSI < 50, then SELL.
Please confirm.
yes this is correct-- perfect
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #54
  • Dec 9, 2010 11:14am Dec 9, 2010 11:14am
Quoting TallCoolOne
Hi Guys,

I wrote an EA on this and I'm forward testing. What do you think about opening 2 trades at the same time, maybe TP 15 pips for the first trade and then let the second trade jump stop at 15 pips. Just a thought.

I will let you know the results and then if it looks like it is working I will post it here.

Thanks - TCO
You are free to experiment-- manual back testing looks good -- on both 15 pips and 30 pips
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #55
  • Dec 9, 2010 1:39pm Dec 9, 2010 1:39pm
Well done and very nice setup this is. one question, my m2 range bar chart does not move without me hitting the refresh button..is there anyway around this?
  • #56
  • Dec 9, 2010 2:59pm Dec 9, 2010 2:59pm
I have one issue. Anyone know how to make an EA work on offline chart?
  • #57
  • Dec 9, 2010 8:04pm Dec 9, 2010 8:04pm
Quoting swissfortune
so, finally I solved it by myself. If someone else should have the same trouble, I post my solution in very short:

- Open a 1m GbpUsd chart
- attach from the script folder the period converter script to this chart
- open input of this script and change the period (ExtPeriodMultiplier) to 2 (from previous 3)
- Now you can open the offline chart. - file > open offline - select the 2m GbpUsd which is now available
Awesome, thank you!

Something new to learn every day
  • #58
  • Dec 9, 2010 8:37pm Dec 9, 2010 8:37pm
Quoting TallCoolOne
I have one issue. Anyone know how to make an EA work on offline chart?
I'm having a wild guess here, but I think you have to go to the history and find GPBUSD2.hst and read the data from that file.

The EA can run on any chart and any timeframe as long as you code it to look at that file.
  • #59
  • Dec 10, 2010 4:27am Dec 10, 2010 4:27am
30pips range looking good
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Click to Enlarge Name: dec30.gif Size: 14 KB
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #60
  • Edited 4:59am Dec 10, 2010 4:45am | Edited 4:59am
Quoting zamanib
yes this is correct-- perfect
Here's the version 3 which takes the closing price into consideration instead of EMAs crossing.
See if it gives signals as you intended.
Attached File(s)
File Type: mq4 sidus v.3.mq4   5 KB | 489 downloads
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