Dreamliners’ MPAS (Mechanical Price Action Strategy) System | Page 21 | Forex Factory

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Attachments: Dreamliners’ MPAS (Mechanical Price Action Strategy) System
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Dreamliners’ MPAS (Mechanical Price Action Strategy) System

  • #401
  • Dec 30, 2010 2:51am Dec 30, 2010 2:51am
so , zamanib , what we can expect from this system?
is it good enough ? is the win rate high ?
say your opinion considering real trading results from last days
skype, facebook: fxzebra
  • #402
  • Dec 30, 2010 4:05am Dec 30, 2010 4:05am
Quoting fx345
so , zamanib , what we can expect from this system?
is it good enough ? is the win rate high ?
say your opinion considering real trading results from last days
this - is excellent system result are great -- live result is great -- I enter 3 live trade -- 30 20 24 pips--- 74 pips no loss so far - I try to trade live - when I am away from the pc for long time - I miss a few trades--

I have a next system that I trade also -- I am up about 400 pips for december
this system -- I did not share on forum

I dont need this new system -- but I see great potential in it -- so I will only trade these 2 system now-- and only trade one currency gbpusd
I dont look at other pairs

forex -- trading need discipline - patient -- and time-- these is not fast money -- stick with you rules - and you will do ok--
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #403
  • Dec 30, 2010 4:56am Dec 30, 2010 4:56am
Quoting zamanib
this - is excellent...
pipping a next 26 pips total 30 20 24 26 == 100 pips 4 trades this is excellent stuff
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #404
  • Dec 30, 2010 4:58am Dec 30, 2010 4:58am
Quoting Musashi
I think GU fit the criteria as well for a long trade. Wick fell within the 17-30 pip range.
I was away from the screen I couldn't close the trade at the end of the bar, and it missed the TP I had set by 3 pips.

Price turned and ended up being a loss.

Otherwise it would of been a winner if I closed the trade at the end of the bar.

Doh... turns out there's a bar two bars later that could possibly of turned out to be another winner if I was around as well.

Oouch...
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  • #405
  • Dec 30, 2010 5:18am Dec 30, 2010 5:18am
Quoting Musashi
I was away from the screen I couldn't close the trade at the end of the bar, and it missed the TP I had set by 3 pips.

Price turned and ended up being a loss.

Otherwise it would of been a winner if I closed the trade at the end of the bar.

Doh... turns out there's a bar two bars later that could possibly of turned out to be another winner if I was around as well.

Oouch...
I got it as win -- the previous 24 pips I set tp 15534 tp hit -- bar was 84-34 = 50 and the last bar was a winner 26 pips the current bar exceed 30 pips no trade on this bar
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #406
  • Dec 30, 2010 7:04am Dec 30, 2010 7:04am
This GBP/USD trade was another winner last night.

Quoting Dreamliner
Yes, I am currently in this trade.
  • #407
  • Dec 30, 2010 11:21am Dec 30, 2010 11:21am
Please confirm the rules are right here:
http://www.forexfactory.com/showpost...51&postcount=4
  • #408
  • Dec 30, 2010 11:32am Dec 30, 2010 11:32am
Hi!!
I'm following the thread from some days..in the meanwhile I've coded a first verion of the EA...you can find it in the proper Thread with all explanations...

I will not talk about the EA anymore in this thread...as per Dreamsliner's desire...

This post is just to let you know of the first release

Thanks!!
Market is like a puzzle, YOU have to fit the pieces!!
  • #409
  • Dec 30, 2010 12:40pm Dec 30, 2010 12:40pm
Thank you Chris, for your hard work on this. I hope it benefits those who wish to trade in that manner.

Quoting Chris_B
Hi!!
I'm following the thread from some days..in the meanwhile I've coded a first verion of the EA...you can find it in the proper Thread with all explanations...

I will not talk about the EA anymore in this thread...as per Dreamsliner's desire...

This post is just to let you know of the first release

Thanks!!
  • #410
  • Dec 30, 2010 12:41pm Dec 30, 2010 12:41pm
No, that is code or something; the rules for the way we trade this system are on the first page.

Quoting smilee89
Please confirm the rules are right here:
http://www.forexfactory.com/showpost...51&postcount=4
  • #411
  • Dec 31, 2010 1:05am Dec 31, 2010 1:05am
Another winner - gu this rocks man 5 trades 124 pips
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PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #412
  • Dec 31, 2010 3:41am Dec 31, 2010 3:41am
Yep, try it with other pairs you'll get the same results and will have more opportunities. Are you doing 50 pip range bars or 30?

Quoting zamanib
Another winner - gu this rocks man 5 trades 124 pips
  • #413
  • Dec 31, 2010 7:10am Dec 31, 2010 7:10am
I think there was a loss:
sell stop signal from 1.5477 , SL at 1.5509 was hit and the range bar closed the same time
skype, facebook: fxzebra
  • #414
  • Dec 31, 2010 6:31pm Dec 31, 2010 6:31pm
Zamanlib / Dreamliner,

Thanks for sharing! I am curious in your live forward testing/trading are you restricting your trading to particular times of the day (for example only trade London open) and do you stand aside during news events?
  • #415
  • Dec 31, 2010 6:39pm Dec 31, 2010 6:39pm
Unlike most other systems that depend upon volume, I don't think it matters the time of day that you trade this method. I'm not going to trade right at news time just because of the increase of spreads, but I'll trade it anytime of day or night beside that.

Quoting gulabv
Zamanlib / Dreamliner,

Thanks for sharing! I am curious in your live forward testing/trading are you restricting your trading to particular times of the day (for example only trade London open) and do you stand aside during news events?
  • #416
  • Jan 1, 2011 6:26am Jan 1, 2011 6:26am
Quoting Dreamliner
[list=1][*]Set up your off-line charts with GBP/USD 30 pip range bars. Again, this thread is not for technical support on how to set up off-line charts or range bars. Please search Forex Factory or even Google for that. Let’s keep this thread free from questions about how to set up off-line charts and range bars.[*]At the open of a new bar, set an alert notification (see next post for the alert system I am using) for 10 pips lower than the open price and another alert for 10 pips higher than the open price.[*]If your low alert is triggered...
Dreamliner, Great work and great idea. Thanks for sharing this idea.
AshN
  • #417
  • Jan 1, 2011 12:32pm Jan 1, 2011 12:32pm
Quoting netFX
Dreamliner, Great work and great idea. Thanks for sharing this idea.
Thanks for your comments NetFX, and I hope it helps many of us.
  • #418
  • Jan 1, 2011 12:39pm Jan 1, 2011 12:39pm
Quoting paws
Has anyone had any success backtesting range bars as per the youtube video instructions: http://www.youtube.com/watch?v=7VTIGtdsalM
Appreciate your time and contribution for backtesting of Price Bars.
  • #419
  • Edited 1:43pm Jan 1, 2011 1:13pm | Edited 1:43pm
Hi guys, started reading this yesterday, looks great and I am going to try these charts when the market next opens. I have played a bit with Constant Range Bars so no problem there.

But a question, isn't this a basic 1-2-3 pattern, but using range bars? and would it help to qualify trades or back tests by taking entries only in the direction of the MAJOR trend, eg. daily at the least?

Regards, John

http://www.ehow.com/how_5053946_spot...-patterns.html

The 1-2-3 top or bottom can form at the top of a rally or the bottom of a decline, signaling a reversal in price movement. In the 1-2-3 bottom, the price rallies off of a market low and then pulls back to a level slightly higher than the low.

Traders commonly enter the market when the price crosses back over the price level of the second point.
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Canadian by birth Australian by choice
  • #420
  • Jan 1, 2011 3:09pm Jan 1, 2011 3:09pm
Quoting Chris_B
Hi!!
I'm following the thread from some days..in the meanwhile I've coded a first verion of the EA...you can find it in the proper Thread with all explanations...

I will not talk about the EA anymore in this thread...as per Dreamsliner's desire...

This post is just to let you know of the first release

Thanks!!
Searched but couldn't find "the proper Thread" that you speak of...could you provide the Name of this thread? Thanks in advance!
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