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Nb 1.0 trend trade system

  • #221
  • Jan 3, 2011 10:32pm Jan 3, 2011 10:32pm
Hi Bob,
Just want to clarify your definition of UT or DT. From your manual you said "d.Now the final definition of a trend: When the light blue center line of the TMA is above the dark blue line (representing the direction of the trend on the weekly chart) you are in an UT and when it is below the dark blue line it is in a DT."
This would imply that the AUDCAD currently is in an UT.

You also said "We will now add to our trend definition. If price is above the 240MA and above the 5MA shift 5 it is in an UT, if both are below then it is in a DT". This would imply that the AUDCAD currently is in a DT.

So which is it? (i dont know how to copy and paste the screen to show you)
LEARNING HOW TO FISH SO I CAN FISH FOREVER
  • #222
  • Jan 3, 2011 11:00pm Jan 3, 2011 11:00pm
How do you apply the settings on your computer or MT4 so that the EA's can be executed at the proper time. My computer has slept through a couple of execution points. Thanks.

And thank you Bob for this tremendous effort and for your persistence on your threads. Didn't you used to have a way to donate to your school?
  • #223
  • Jan 3, 2011 11:00pm Jan 3, 2011 11:00pm
Quoting nanningbob
That is way too small of a SL any hiccup in the market will wipe that out. You need to place it 30 pips away or more away just above the last high candle. You probably did well though because it looks like it is going into an UT anyway.
Thanks, Bob. I did ask earlier what distance you placed your SL but must have been overlooked. Have you been profitable with a 30-over-last-high SL in your testing? Or do you vary the distance per currency based on your experience? If you suggest a 30+ over last high SL, that would suggest a 70 to 100 SL from order entry. Is that what you have been testing?

P.S. I'm only trading .01 or .02 lots during this testing phase so it doesn't hurt too much
  • #224
  • Jan 3, 2011 11:09pm Jan 3, 2011 11:09pm
Quoting yourchef51
How do you apply the settings on your computer or MT4 so that the EA's can be executed at the proper time. My computer has slept through a couple of execution points. Thanks.

And thank you Bob for this tremendous effort and for your persistence on your threads. Didn't you used to have a way to donate to your school?

1.) Right Click on the Power Icon the task Bar (Looks like a battery with a plug).

On the menu that pops up choose "Power Options"

2.) A new window will load (see 1st Pic). Depending on the option you have selected...most likely "High Performance"...choose "Change Plan Settings"

3.) In that new window set "Computer Never Sleeps" to Never.(See Second Pic)

The assumption is that you are running Win 7...Other windows version should be similar. If you cannot find the power icon....go into the control panel, you should find it there.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 2011-01-04_0104.png Size: 26 KB
  • #225
  • Jan 3, 2011 11:41pm Jan 3, 2011 11:41pm
Quoting tritom
hi, thanks for the tests, very encouraging!! just set the eintBarsToProcess variable in TMATrue properties to a higher number.. May 26, 2009 is default 10000 H1 bars back from today.
Thanks for the tip. I will do that. I want to test a pair during a period where one of Bob's ranging system did well.
  • #226
  • Jan 3, 2011 11:56pm Jan 3, 2011 11:56pm
Quoting Mixer
Hi Bob,
Just want to clarify your definition of UT or DT. From your manual you said "d....
" We will now add to our trend definition. If price is above the 240MA and above the 5MA shift 5 it is in an UT, if both are below then it is in a DT. However, that still is not the complete definition."
Please quote the entire phrase from my book and it will answer your question.


a. Now the final definition of a trend: When the light blue center line of the TMA is above the dark blue line (representing the direction of the trend on the weekly chart) you are in an UT and when it is below the dark blue line it is in a DT.

THAT IS MY DEFINITION OF A TREND AND THE ONE I AM GOING TO BASE MY TRADING DECISIONS ON. THE ENTIRE TRADING SYSTEM IS BASED ON THAT DEFINITION AND I WILL TRADE GOOD OR BAD BASED ON THAT DEFINITION.


I have no idea why you would be confused on this issue.
  • #227
  • Jan 4, 2011 12:19am Jan 4, 2011 12:19am
Quoting nanningbob
"...
When you said that it was not the complete definition, it was reasonable to infer that there would be more components to the definition. You gave three things that looked like they could qualify as separate components: price outside 240; price outside 5; and TMA outside 240. It would be possible to define the trend as existing only when all three conditions are met.

That's not what you did. Instead, you gave three successive ideas of what a trend is, and stuck with the last -- TMA outside the 240. I think this just stems from an ambiguity in the word "complete".
  • #228
  • Jan 4, 2011 12:26am Jan 4, 2011 12:26am
Quoting Mr Fuznut
I'll be giving this one a try. I still use 5.3 on my live account (with an overseas broker). I'll be running this on demo and try to report back regularly.

What over seas broker are you using? If I may ask.
  • #229
  • Jan 4, 2011 2:27am Jan 4, 2011 2:27am
So got everything set up and will see how ti runs on demo before I put on any real money probably not until next week. I was using the MPTM 15 + 3 to manage my stop loss and also included a hidden 100 pip stop loss automatically, will see how this runs this week, but seems profitable so far.

Cannot wait to see Steve automate it and have a great run with it.

Again thank you Bob and let me know what you think about my setup with the stop loss and MPTM.

Thanks
  • #230
  • Jan 4, 2011 3:24am Jan 4, 2011 3:24am
Quoting duffypratt
When you said that it was not the complete definition, it was reasonable to infer that there would be more components to the definition....
I am really at a loss here and I guess some one needs to explain to me what the words final and complete mean. I lead up to a conclusion. How can complete and final be ambiguous???? unless you are being facetious here with some light humor???

a.Now the final definition of a trend:When the light blue center line of the TMA is above the dark blue line (representing the direction of the trend on the weekly chart) you are in an UT and when it is below the dark blue line it is in a DT.
THAT IS MY DEFINITION OF A TREND AND THE ONE I AM GOING TO BASE MY TRADING DECISIONS ON. THE ENTIRE TRADING SYSTEM IS BASED ON THAT DEFINITION AND I WILL TRADE GOOD OR BAD BASED ON THAT DEFINITION.
  • #231
  • Jan 4, 2011 3:25am Jan 4, 2011 3:25am
gone short 3375; protected by 3390 stop buy..
  • #232
  • Jan 4, 2011 3:27am Jan 4, 2011 3:27am
Quoting duffypratt
I didn't include spread in any of my calculations....
Wonder what the win to loss ratio and profit would be if you just made teh 240 MA the stop line??
  • #233
  • Jan 4, 2011 3:37am Jan 4, 2011 3:37am
Quoting snatch
gone short 3375; protected by 3390 stop buy..
hi snatch, which pair r u in? i didnt see any good entry so far...

thanks~
  • #234
  • Jan 4, 2011 4:03am Jan 4, 2011 4:03am
maybe a UC short. but wait for US sess.

any thoughts
rat
  • #235
  • Jan 4, 2011 4:04am Jan 4, 2011 4:04am
potenial entry for aj, au, uj
  • #236
  • Jan 4, 2011 4:08am Jan 4, 2011 4:08am
Quoting boomslang
potenial entry for aj, au, uj
i think the 5ma is too close to light blue line, not a good one, we'll see...
  • #237
  • Edited 4:25am Jan 4, 2011 4:14am | Edited 4:25am
Dont know about everyone else but I now have quite a few Sell and Buys EA' set ready to trade
What is interesting is the ones like CADJPY where maybe in the next hour (and because of the FINAL and COMPLETE definition) we will be changing from DT to UT
This is where , if we adhere to the rules, we will need to actually turn "OFF" the SELL EA

This is a point in the spec that may need to be included in the full trading EA that supercoder Steve may do (if we are all nice to him)

Am I right in assuming this Bob

Ta
Fanatica
  • #238
  • Jan 4, 2011 4:20am Jan 4, 2011 4:20am
Quoting boomslang
i think the 5ma is too close to light blue line, not a good one, we'll see...
Yeh, you are just referirng to AJ arent you ? , The other two currency pairs are good to go.
  • #239
  • Jan 4, 2011 4:24am Jan 4, 2011 4:24am
Quoting peterporter
Yeh, you are just referirng to AJ arent you ? , The other two currency pairs are good to go.
yup, just aj.
  • #240
  • Jan 4, 2011 4:29am Jan 4, 2011 4:29am
Quoting nanningbob
I am really at a loss here and I guess some one needs to explain to me what the words final and complete mean. I lead up to a conclusion. How can complete and final be ambiguous???? unless you are being facetious here with some light humor???

a.Now the final definition of a trend:When the light blue center line of the TMA is above the dark blue line (representing the direction of the trend on the weekly chart) you are in an UT and when it is below the dark blue line it is in a DT.
[b][u][color=red]THAT...

Hi Bob and thanks for the new system. I have read the manual and can see where the confusion comes from. Your words are clear but there was an expectation (or rather an assumption) when reading the section about using 5MA to determine the trend that there will be an another addition to that. However your final definition dropped the 5MA and instead used the TMA. For me it is clear that you have dropped the 5MA from the criteria for determining the trend and only use the 240MA and TMA centre. I hope this is clear.
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