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Nb 1.0 trend trade system

  • #261
  • Jan 4, 2011 8:59am Jan 4, 2011 8:59am
Quoting Mixer
I'm in the CAD/JPY with a sell (watching it closely though) but the MPTM is not managing the trade even though i have a smiley face and allow live trading checked. the MPTM still not picking this up.

Anyone having this problem?
Price has to go 15 pips into profit before the MPTM picks up that trade. you have to remember to add your spread to that. So if your spread is 7 pips you would need a 22 pip move first. I dont see that yet on my screen. if you have a 5digt broker you have to remember it is giving you tenths of a pip so that would be 150 or 15.0 pips on a 5 digit broker.
  • #262
  • Jan 4, 2011 9:04am Jan 4, 2011 9:04am
Hey there all.
Naningbob, you are one of the best, thank you.
Just something I noticed. Please accept my appologies and correct me if I am wrong.
The 5X5 Sell and Buy Experts, If I change the Lots from the default 0.01, still trades at 0.01 Lots.
Upon further investigation I found that the Lots are not used in the order sending.
lotsize is used.
I edited it in my copy and it seems to works now.
I hope that I have not made a mistake

Thank you for this wonderfull system.
I look forward to the Automated version.
  • #263
  • Jan 4, 2011 9:11am Jan 4, 2011 9:11am
Your correct Bob,

I know what you mean...., but it still works even without the adjustment.

Anyway, look at EUR/JPY now, should we turn the EA now for a sell ?

Thanks



Quoting nanningbob
I would imagine the sysem would work on other time frames however the MA240 read would change what time period you are getting your trend read from. For example on a 4H chart you would change the 240MA to a 60MA to approximate the weekly trend. 15M would need a 960 MA. That is if you wish to keep the weekly trend read.
  • #264
  • Edited 9:18am Jan 4, 2011 9:17am | Edited 9:18am
Quoting hmaoui
Sorry for my stupid question but as a newbee, I want to be sure to understand the system I may use. I am totally confused with the TMA : What is it? I asked the question but no answer yet. Maybe it seems stupid for you buut I need to understand. I think it is something similar to a COG, but I may be wrong.... Can you explain to me ?

TX
hmaoui- Do a seach on Triangular Moving Average TMA for the math and explanations from a technical analysis standpoint.

It has its limitations but it is one of the best and simplest ways to visually evaluate over bought/oversold and likely trend reversal points.
  • #265
  • Jan 4, 2011 9:39am Jan 4, 2011 9:39am
Any body, Any Body watching E/Y Now???
  • #266
  • Jan 4, 2011 9:51am Jan 4, 2011 9:51am
Quoting maxwell-eqtn
Any body, Any Body watching E/Y Now???
Took the EU/Jpy and USD/ JPY short and AU/ CAD Long
  • #267
  • Jan 4, 2011 10:07am Jan 4, 2011 10:07am
E/Y is 20 pips in a sell profit now. Anyone caught that?
  • #268
  • Jan 4, 2011 10:08am Jan 4, 2011 10:08am
Nice trades dude....!!!

Quoting hardearned
Took the EU/Jpy and USD/ JPY short and AU/ CAD Long
  • #269
  • Jan 4, 2011 10:28am Jan 4, 2011 10:28am
Hi Bob,
Would you enter this trade?
From my understanding, Dark blue is getting close to Light blue, this may be a signal of trend changing or retracement. In order to play save should avoid this?
I am yet finish the whole thread, sorry if my question is repeated.
Attached Image (click to enlarge)
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  • #270
  • Jan 4, 2011 10:29am Jan 4, 2011 10:29am
My templates have gone haywire, the 240 ma is gone even though it shows in indicators list and the tma is like a fork now anyone can help , was fine this morning
  • #271
  • Jan 4, 2011 10:33am Jan 4, 2011 10:33am
If you don't have a copy of the templates and indicators, download it again from post 1 and replace them. Then restart your MT4 terminal.

Quoting censura
My templates have gone haywire, the 240 ma is gone even though it shows in indicators list and the tma is like a fork now anyone can help , was fine this morning
  • #272
  • Jan 4, 2011 10:34am Jan 4, 2011 10:34am
Quoting maxwell-eqtn
E/Y is 20 pips in a sell profit now. Anyone caught that?
EA did the selling and i use 30m TF for profit taking.. EU is on the uptrend happy with smaller profit
  • #273
  • Jan 4, 2011 10:43am Jan 4, 2011 10:43am
There are other situations when 240MA will not show on the chart.

It may be far away from price, you may have to zoom out to see it or move the right price slider.



Quoting censura
My templates have gone haywire, the 240 ma is gone even though it shows in indicators list and the tma is like a fork now anyone can help , was fine this morning
  • #274
  • Jan 4, 2011 11:16am Jan 4, 2011 11:16am
Quoting SteveHopwood
It is. Courtesy of a sleepless night. the ea is already planned; it just requires coding. This is the work of minutes. Typically, I do not have many of those today and tomorrow, but the EA is coming soon.

The hardest part when implementing an EA for this is where to put the initial SL. Bob has been placing it behind the most recent swing high or low and that's somewhat subjective sometimes.

Maybe it can be placed initially 2 or 3 ATRs away. That way it's wider for more volatile pairs, as opposed to using a fixed SL of say 50 pips.
You are in a maze of twisty little passages, all alike.
  • #275
  • Jan 4, 2011 11:16am Jan 4, 2011 11:16am
Quoting nanningbob
I would imagine the sysem would work on other time frames however the MA240 read would change what time period you are getting your trend read from. For example on a 4H chart you would change the 240MA to a 60MA to approximate the weekly trend. 15M would need a 960 MA. That is if you wish to keep the weekly trend read.
Weekly trend MA + TMA is really awesome combination on H1 as per original system design. I have tried M15 based on not weekly, but daily trend MA using same methodology (2*24*4=192 SMMA); looks ok but there's a lot more whipsaw naturally, small pip gains, maybe a good tool for scalping the trend direction (I've used 200EMA and 60LWMA for this purpose before, that's nearly the same trend filter).

I would really recommend to stick with H1 chart for entries since the goal (and already proven ability) of this great system is to catch essential moves lasting a session or more.
:-anything
  • #276
  • Jan 4, 2011 11:18am Jan 4, 2011 11:18am
Looks like AUDUSD and NZDUSD are potential buy trades. GBPJPY triggered short and USDJPY profit trigger on 30m TF.

Bob, thank you very much for your wonderful system. I'll give you a treat if you around Shanghai.

-Thian
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  • #277
  • Jan 4, 2011 11:21am Jan 4, 2011 11:21am
GJ UJ
anyone catch these they are dropping like rocks Yea!
  • #278
  • Jan 4, 2011 11:28am Jan 4, 2011 11:28am
Quoting dryclean
GJ UJ
anyone catch these they are dropping like rocks Yea!
Yup, I'm on UJ. Turning out really nice! +34 so far.
"Be the change that you wish to see in the world." --Gandhi
  • #279
  • Jan 4, 2011 11:31am Jan 4, 2011 11:31am
Quoting sythian
EA did the selling and i use 30m TF for profit taking.. EU is on the uptrend happy with smaller profit
I do not see a trade in E/U...., this pair is in UT.



Quoting dryclean
GJ UJ
anyone catch these they are dropping like rocks Yea!

I am in E/Y. G/J, UJ are similarly moving since they are Jap's.

I wonder if E/Y will stop it's downward move at 108.20 since it has already broken 108.70 Daily pivot?
  • #280
  • Jan 4, 2011 11:41am Jan 4, 2011 11:41am
I went out earlier, leaving a number of ea instances in place.

I arrived home to the attached. Yummy.

Attached Image (click to enlarge)
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