Easy trend system/indicator | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Easy Trend System 42 replies

Supatrend easy to follow trend following system, clean rules 123 replies

An Easy System (With the help of ES Trader - Another Simple System) 13 replies

Eastside Easy Trend & Pattern System 15 replies

Need help writing an MQL4 indicator - avg trend/existing trend 2 replies

Attachments: Easy trend system/indicator
Exit Attachments

Easy trend system/indicator

  • #61
  • Dec 21, 2010 10:49am Dec 21, 2010 10:49am
Your thread, but if you put it on a chart and do a visual backtest, i dunno why you would use the special repaint indy vs. a simple 5-12 cross.

cheers
  • #62
  • Dec 21, 2010 10:57am Dec 21, 2010 10:57am
Quoting goldsurfer
Your thread, but if you put it on a chart and do a visual backtest, i dunno why you would use the special repaint indy vs. a simple 5-12 cross.

cheers

''Special repaint'' What indi you refering to?

Was it the second indicator I posted? It was called ''Signals''.
  • #63
  • Dec 21, 2010 10:57am Dec 21, 2010 10:57am
the new indicator, taking every signal on 15tf, 20 pips TP seems to be very good
  • #64
  • Dec 21, 2010 11:03am Dec 21, 2010 11:03am
Quoting Cubbybgood
Hey guys,

I would like to apologize to the community for posting a new indicator here on the thread that just wasn't pulling in better results then the original. The new indicator may be good but it just doesn't work well with what I'm trying to accomplish here.

I've decided that the new indicator is just no good for this system. The indicator may accompany another strategy or even used by it's self but my original indicator still has better trading logic for this system....
Cubby,

No problem. In fact, you should be commended for looking for better avenues to success. Without experiemtation, we never will know if the current system is all it could be.

You just released the new indicator. I am wondering if you are giving it enough of a trial run. Please remember we are at the start of the holiday season and many pros are on vacation, now. Because of the lack of volume, not many systems can show a profit during the holidays. I would try again after the 1st week in January.

Good trading,
BC2
  • #65
  • Dec 21, 2010 11:19am Dec 21, 2010 11:19am
Quoting Bobcat2
Cubby,

No problem. In fact, you should be commended for looking for better avenues to success. Without experiemtation, we never will know if the current system is all it could be.

You just released the new indicator. I am wondering if you are giving it enough of a trial run. Please remember we are at the start of the holiday season and many pros are on vacation, now. Because of the lack of volume, not many systems can show a profit during the holidays. I would try again after the 1st week in January.

Good trading,
BC2
Hey thanks budy.
I'm still trying to figure out what works best. I know I have something pretty good here. The new indicator is good but I couldn't get any more profit with it. The signals were also latter because of the true none-repaint future. The total none-repainting was a good thing and bad thing. We all know that non-repainting indicators lag like mad and because of this, entry's are almost always late.

This is why I feel that my first indicator was a good balance. Yeah, it would repaint sometimes but it would show good entry's and exits most of the time. Repainting indicators are frowned upon in the forex community because they show false hope and ''Holy Grails'' that just don't exist but I do find that they are not used enough. I believe they can be profitable if used correctly in a system that benefits from it's signals.

I will keep testing and posting my results to see what is still working and what's not. Thanks for your words of confidence.
  • #66
  • Dec 21, 2010 11:26am Dec 21, 2010 11:26am
Hi Cubbybgood.
Can you post the mq4 file of Signals, please?
Today I have tested it and for me it works.
I tested it in 3/15 tfs
  • #67
  • Dec 21, 2010 11:28am Dec 21, 2010 11:28am
Quoting Cubbybgood
Hey thanks budy.
I'm still trying to figure out what works best. I know I have something pretty good here. The new indicator is good but I couldn't get any more profit with it. The signals were also latter because of the true none-repaint future. The total none-repainting was a good thing and bad thing. We all know that non-repainting indicators lag like mad and because of this, entry's are almost always late.

This is why I feel that my first indicator was a good balance. Yeah, it would repaint sometimes but it would show good entry's and exits...

now in h1 segnal is short and in m5 signal is short ! is it right ?
  • #68
  • Dec 21, 2010 12:23pm Dec 21, 2010 12:23pm
Quoting wallstreet03
now in h1 segnal is short and in m5 signal is short ! is it right ?

Yes
  • #69
  • Dec 21, 2010 12:29pm Dec 21, 2010 12:29pm
Quoting Pipsnator
Hi Cubbybgood.
Can you post the mq4 file of Signals, please?
Today I have tested it and for me it works.
I tested it in 3/15 tfs

I will post signals.

Wow! you're right!!! I just checked out what you said. I don't know why I didnt see this before but yes, looking for signal on 15 min and then taking entry on 5 looks like it could be a winner. I will look into it further. Thanks for the heads up Pipsnator. more test results to come...

What are you finding works better? exit when you get a signal on 5 min or exit when you get a signal on 1 hour?
Attached File(s)
File Type: ex4 Signals.ex4   5 KB | 1,015 downloads
  • #70
  • Edited 1:15pm Dec 21, 2010 12:47pm | Edited 1:15pm
Again. Thank you Pipsnator.

I believe you just turned my system into a possible winner. At least from the back tests I'm looking at. Everything checks out great. especially if you exit when you get a signal on the 5 min.

here's a screen shot of what Pipsnator is talking about.

This trading method works best with GBPUSD as of now....

testing EURUSD now....
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 192 KB
  • #71
  • Dec 21, 2010 1:12pm Dec 21, 2010 1:12pm
Quoting Cubbybgood
I will post signals.

Wow! you're right!!! I just checked out what you said. I don't know why I didnt see this before but yes, looking for signal on 15 min and then taking entry on 5 looks like it could be a winner. I will look into it further. Thanks for the heads up Pipsnator. more test results to come...

What are you finding works better? exit when you get a signal on 5 min or exit when you get a signal on 1 hour?


aqua long and gold short on m5 ?
but first indicator ? 12x12 , you use last indicator , now ?
  • #72
  • Dec 21, 2010 1:23pm Dec 21, 2010 1:23pm
Quoting wallstreet03
aqua long and gold short on m5 ?
but first indicator ? 12x12 , you use last indicator , now ?
I'm still testing the ''Signals" indicator. Contenue to use 12x12 till I change 1st post. making sure everything checks out. I'll let everybody know if and when I update first post.
  • #73
  • Edited 3:09pm Dec 21, 2010 2:18pm | Edited 3:09pm
try it on 15min directly
when a 15min signal comes, look 1h to see if it's same
TP 20 pips
trailing stop 20 pips

7win-1 (10 pip) lose today =+130

Close also when opposite signal in 15m TF
  • #74
  • Dec 21, 2010 3:15pm Dec 21, 2010 3:15pm
Quoting rifearmo
try it on 15min directly
when a 15min signal comes, look 1h to see if it's same
TP 20 pips
trailing stop 20 pips

7win-1 (10 pip) lose today =+130

Close also when opposite signal in 15m TF

good work Rife.

What pairs are you trading?
  • #75
  • Dec 21, 2010 4:16pm Dec 21, 2010 4:16pm
Quoting Cubbybgood
I will post signals.

Wow! you're right!!! I just checked out what you said. I don't know why I didnt see this before but yes, looking for signal on 15 min and then taking entry on 5 looks like it could be a winner. I will look into it further. Thanks for the heads up Pipsnator. more test results to come...

What are you finding works better? exit when you get a signal on 5 min or exit when you get a signal on 1 hour?

I'm looking for the source code of Signals: Signals.mq4
Do you have it?

I search the signal on 15 min and enter on 3 min not 5 min, and exit when I get a signal on 3 min, but we have to test if it's better to exit on 15 min.


With this indicator you can generate any timeframes you want on mt4
Attached File(s)
File Type: mq4 Period_Converter_Opt.mq4   15 KB | 606 downloads
  • #76
  • Dec 21, 2010 4:22pm Dec 21, 2010 4:22pm
Maybe this aren't good days to test but today was good

  • #77
  • Dec 21, 2010 4:42pm Dec 21, 2010 4:42pm
Hi Cubby !
Thanks for sharing your strategy. I saw some strategies with the muli time frame crossover signals and people seem to make money with it. Anyway, can you tell me how long are you trading this strategy and are you trading it live?

The basics behind this strategy is to trade with the higher trend and wait for a entry in the lower trend. Sounds simple doesn't it? So let's see if we can make some pips with it.
I hope you post more of your trades and share your knowledge.
Thanks !
The Mind creates reality.
  • #78
  • Dec 21, 2010 4:47pm Dec 21, 2010 4:47pm
Quoting Pipsnator
Maybe this aren't good days to test but today was good

Yeah the holidays are coming and there ain't to much action in this month. Seems like we will have to wait for a more volatile time, but since we are experimenting with the 15min/5 min TF there should still be some nice moves.
The Mind creates reality.
  • #79
  • Dec 21, 2010 5:47pm Dec 21, 2010 5:47pm
Quoting Pipsnator
I'm looking for the source code of Signals: Signals.mq4
Do you have it?

I search the signal on 15 min and enter on 3 min not 5 min, and exit when I get a signal on 3 min, but we have to test if it's better to exit on 15 min.


With this indicator you can generate any timeframes you want on mt4
I do not have the source code. I wish I did.

I cant use the timeframe indicator? I atached it to chart and I see nothing. How to use or install this indicator?
  • #80
  • Dec 21, 2010 5:51pm Dec 21, 2010 5:51pm
Hi guys. I also had a very good day using the "Signals" indicator.

+120 pips


The indicator seems to work best on the GBPUSD pair on the 5/15 time frame athough I've heard that the 3/15 works well two.
0 traders viewing now