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Nb 1.0 trend trade system

  • #821
  • Jan 28, 2011 3:18pm Jan 28, 2011 3:18pm
So how many systems has bob got then?


1,2,3,4&5 ? Yes system 5 and 247 pages long I suppose the zip file has the system details within.
rat
  • #822
  • Jan 28, 2011 3:30pm Jan 28, 2011 3:30pm
Quoting rattyo
So how many systems has bob got then?


1,2,3,4&5 ? Yes system 5 and 247 pages long I suppose the zip file has the system details within.
I think of his numbering system as being parallel to software development. In that sense, he now has two systems -- a countertrend trading system, and now a trend following system. Within the countertrend system, there are five developments that are radical enough to call for a new number, or a new version of the system. For more modest developments he uses a decimal. So there is now, a 1.2 version of the trend trading system.

Yes, if you want to look at the countertrend systems, its probably best to start with page 1 of version 5. (At least, that's what I did.)
  • #823
  • Jan 28, 2011 3:53pm Jan 28, 2011 3:53pm
I agree. I think the trend system helps take care of the huggies greatly. I am switching between the 1 and 4 hor to see which is favorable to use. I hope I am not making a sloppy joe sandwich outta the methods

Quoting duffypratt
I think of his numbering system as being parallel to software development....
  • #824
  • Jan 28, 2011 8:25pm Jan 28, 2011 8:25pm
thanks for that
also can someone explane the close buy and and close sell atf stops Im trying to figure out how they work thanks
  • #825
  • Jan 28, 2011 9:29pm Jan 28, 2011 9:29pm
Is the atf the EA's... sorry i dont know anything about EA's...I am trying to do this all manually
  • #826
  • Jan 29, 2011 2:34am Jan 29, 2011 2:34am
Quoting duffypratt
I think of his numbering system as being parallel to software development....

also the sixths indicator. I see there's a few different versions of this.

which one is the one to be using on the 4hr chart.
rat
  • #827
  • Edited 4:14pm Jan 29, 2011 7:50am | Edited 4:14pm
Quoting rattyo
also the sixths indicator. I see there's a few different versions of this.

which one is the one to be using on the 4hr chart.
The sixths is only for the 1 hr version, the 4 hr uses two ma's

edit: ignore this, sixths is from nb5.3, got my indicators confused
  • #828
  • Jan 29, 2011 9:43am Jan 29, 2011 9:43am
Quoting kheaver
The sixths is only for the 1 hr version, the 4 hr uses two ma's
Really, in the manuals the sixth is always used on the 4hours....unless he changed it in thread.....still going through it, almost half way through
  • #829
  • Jan 29, 2011 11:46am Jan 29, 2011 11:46am
Quoting negima
Really, in the manuals the sixth is always used on the 4hours....unless he changed it in thread.....still going through it, almost half way through
The sixths is not used in version 1.0 you are on the wrong thread that is the 5.0 series. I am in SanFran (actually Sana Clara) so will be sight seeing today.
  • #830
  • Jan 29, 2011 1:11pm Jan 29, 2011 1:11pm
LOL...I am reading both threads at the same time so these "buzzwords" end up tripping me up.
  • #831
  • Jan 29, 2011 2:42pm Jan 29, 2011 2:42pm
The sixths indicator is used on the other thread 4hr chart, I can't get my head around that indi at all. each time I keep switching the timeframe the values of the horizontal lines change to different levels.

Its ment to gather 120 4hr bars. which is one months worth of bars.

Am I on the right page?

thing is when you select it to only appear on the 4hr. and switch to the 1hr chart these lines appear all over the 1hr chart and its looks one big mess!
rat
  • #832
  • Jan 29, 2011 9:33pm Jan 29, 2011 9:33pm
Quoting rattyo
The sixths indicator is used on the other thread 4hr chart, I can't get my head around that indi at all. each time I keep switching the timeframe the values of the horizontal lines change to different levels.

Its ment to gather 120 4hr bars. which is one months worth of bars.

Am I on the right page?

thing is when you select it to only appear on the 4hr. and switch to the 1hr chart these lines appear all over the 1hr chart and its looks one big mess!
The 4H system is the 4H system so that is where I use that indicator. However, whenever you switch to another time frame it adjusts to that new TF. So you must wait until the lines reset for the new TF and screen. If it is on weekends and your broker is not open then you have to reset the lines by updating the screen.
  • #833
  • Jan 30, 2011 3:16am Jan 30, 2011 3:16am
Quoting nanningbob
The 4H system is the 4H system so that is where I use that indicator. However, whenever you switch to another time frame it adjusts to that new TF. So you must wait until the lines reset for the new TF and screen. If it is on weekends and your broker is not open then you have to reset the lines by updating the screen.
I see that people is kind of confused: 1h TF or 4h... Thanks.
  • #834
  • Jan 30, 2011 5:17am Jan 30, 2011 5:17am
Quoting chiche
I see that people is kind of confused: 1h TF or 4h... Thanks.

I'm not confused. I'm looking into both methods. The sixths indicator I've looked into on my chart and have worked out now.

I trade D1 normally so these smaller timeframes are taking some getting used too lots of noise on the charts fake moves etc.
rat
  • #835
  • Jan 30, 2011 12:14pm Jan 30, 2011 12:14pm
Quoting rattyo
I'm not confused. I'm looking into both methods. The sixths indicator I've looked into on my chart and have worked out now.

I trade D1 normally so these smaller timeframes are taking some getting used too lots of noise on the charts fake moves etc.
sooo do you recommend to stay away from smaller TF? Do you think bob is going to come out whit a mix system ? A mix between 1h and 4h? sorry to bother.
  • #836
  • Jan 30, 2011 1:38pm Jan 30, 2011 1:38pm
well i trade my own way anyway. Have loads of different things that I have learnt over the years. some are a load of rubbish and are scrapped some good. There seems to be a good few tips in this system and that 4r system.
rat
  • #837
  • Edited 4:04pm Jan 30, 2011 3:46pm | Edited 4:04pm
could somebody tell me how "1.0 close buy/sell ATF"work?
  • #838
  • Jan 30, 2011 4:30pm Jan 30, 2011 4:30pm
Quoting chiche
could somebody tell me how "1.0 close buy/sell ATF"work?
Here's my understanding of it, from just looking at the code for the close buy. If price hits a stop or trailing stop, the EA gets suspended. If price crosses below a moving average then it also closes the trade. The moving average used is period 3, shifted 2, linear weighted, and based on the median.

That's what it looks like to me. It works on all time frames. Don't take my word for it. Test it on demo and see.
  • #839
  • Jan 30, 2011 9:33pm Jan 30, 2011 9:33pm
Quoting duffypratt
Here's my understanding of it, from just looking at the code for the close buy. If price hits a stop or trailing stop, the EA gets suspended. If price crosses below a moving average then it also closes the trade. The moving average used is period 3, shifted 2, linear weighted, and based on the median.

That's what it looks like to me. It works on all time frames. Don't take my word for it. Test it on demo and see.
I will test it and I'll tell you. Thanks
  • #840
  • Jan 31, 2011 7:25am Jan 31, 2011 7:25am
Hi all,

finally after a month of absence I am back . Amazing how the thread has grown over just a month ^^

currently I am struggling with registration and certification issues regarding a micro account at IBFX Australia...
in the meantime I am testing on a demo account and it works quite well.
My biggest problem is the exit. Does anyone have a strategy for taking profit ?

regards Free
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