Nb 1.0 trend trade system | Page 44 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Are you a trend trader or a counter-trend trader? 29 replies

What does it mean to trade with the trend - Define trend? 47 replies

Trading System - Trade with the Trend 5 replies

Multis-trend trade EA for scalp on short trend 27 replies

Would you trade this system? New system #2. 10 replies

Attachments: Nb 1.0 trend trade system
Exit Attachments

Nb 1.0 trend trade system

  • #861
  • Feb 13, 2011 7:53pm Feb 13, 2011 7:53pm
Quoting astral77
Welcome. We all had to start at some point and we were all newbies at some point in the past (my case just over 3 years ago). My advice is do not rush, guard your capital, do not risk more than 2% of your capital on any one trade and study as much as you can. I wish you all the best and hope you are here in three years time to give the same sort of advice to the newbies who start in 2014.

Kind Regards
Thank you for your kind words sir
  • #862
  • Feb 13, 2011 9:58pm Feb 13, 2011 9:58pm
Quoting astral77
Welcome. We all had to start at some point and we were all newbies at some point in the past (my case just over 3 years ago). My advice is do not rush, guard your capital, do not risk more than 2% of your capital on any one trade and study as much as you can. I wish you all the best and hope you are here in three years time to give the same sort of advice to the newbies who start in 2014.

Kind Regards




Nice to have you back after a very well deserved holiday. It has been quite here whilst you were away. I have moved up one time frame...
I'm still a newb too, but I would go further than Astral in regards to preserving capital. Think of the beginning like a proof of concept in business. If you are trading live, start with much less even than 2% of your capital, maybe 1/10th of that. Then give yourself a program which will increase your lot size with your success, and decrease it with failure. For example, if you started with .2% risk, you could up that by another .1% every 100 or 200 pips, but then also have a level where you moved back a step when you started taking losses.
  • #863
  • Feb 14, 2011 12:20am Feb 14, 2011 12:20am
Quoting timmytim
Instead of using 5ma 5 shift I use adaptive laguerre filter(alf) and also added 60minute TMA to the chart.....
Looks like you're using the 15M charts. That won't work for me. Oh, well, I'll wait for Bob's updates. Can't really trade less than 4H unless I don't plan to sleep at all.
  • #864
  • Feb 14, 2011 2:54am Feb 14, 2011 2:54am
Hi Bob,

Is the 48 MA still being used as part of the strategy?

I am basically just running what you have outlined in post 1. If you are going to make any adjustments will you be updating post 1?

Cheers
StaticX
  • #865
  • Feb 14, 2011 7:18am Feb 14, 2011 7:18am
Quoting ericjschroed
Looks like you're using the 15M charts. That won't work for me. Oh, well, I'll wait for Bob's updates. Can't really trade less than 4H unless I don't plan to sleep at all.
Very good point, BOB has tried it and with these indicators he advises against 15m or even 30m. As for 1H time frame the jury is still out on that and BOB has moved back to 4H, I am considering daily to be safe as houses.

DUFFYPRAT`s words are full of wisdom. IMHO basically how you should approach forex trading is that the criminals are after your hard earned cash and you should be very very vigilant and try not to give them any of your money.
Kind Regards
  • #866
  • Feb 14, 2011 4:45pm Feb 14, 2011 4:45pm
Quoting StaticX
Hi Bob,

Is the 48 MA still being used as part of the strategy?

I am basically just running what you have outlined in post 1. If you are going to make any adjustments will you be updating post 1?

Cheers
StaticX
Page 1 Post 1 is the official system. People make adaptations from that. Because of my work schedule I miss too many opportunities trading the 1H charts. I am a 4 hour chart guy so I am adapting the same philosophy to a 4 H chart. When I get done adapting the 1.0 system to a 4H chart then I will post it.
  • #867
  • Feb 17, 2011 2:05am Feb 17, 2011 2:05am
I like this system because it looks clean and simple.. and being another nanningbob method im sure its tested and very well thought off. Gonna play with it for a while. Thanks Nanningbob.
  • #868
  • Feb 20, 2011 4:49pm Feb 20, 2011 4:49pm
Quoting nanningbob
Page 1 Post 1 is the official system. People make adaptations from that. Because of my work schedule I miss too many opportunities trading the 1H charts. I am a 4 hour chart guy so I am adapting the same philosophy to a 4 H chart. When I get done adapting the 1.0 system to a 4H chart then I will post it.
I just waiting for you system, everyday I read this thread, god bless you.
  • #869
  • Feb 20, 2011 9:11pm Feb 20, 2011 9:11pm
Possible setups today Feb 21 on 1H..

AUDJPY
GBPJPY
EURGBP
USDCAD

seems that trend is changing in major USD pair EU GU AU etc so im staying away from those pairs.. thats what i think anyways.. Anyone know how to set alert when price cross the 5MA?
  • #870
  • Feb 21, 2011 8:45am Feb 21, 2011 8:45am
Quoting astral77
Welcome. We all had to start at some point and we were all newbies at some point in the past (my case just over 3 years ago). My advice is do not rush, guard your capital, do not risk more than 2% of your capital on any one trade and study as much as you can. I wish you all the best and hope you are here in three years time to give the same sort of advice to the newbies who start in 2014.

Kind Regards




Nice to have you back after a very well deserved holiday. It has been quite here whilst you were away. I have moved up one time frame to...
Astral,

How do you configure your TMA/Indys for the D1 TF? Are you using the same indicator used for H1/H4?

Thanks,

Edd
  • #871
  • Feb 22, 2011 6:48am Feb 22, 2011 6:48am
Quoting timmytim
First of all, yes Sid, I am a newbie and still in the process of learning the art of technical analysis.


and dear Mr. Nanningbob, I really really appreciate and commend your selflessness of releasing a great system to the public.
I modified it because, like I said, I am a newbie and needed something even more visual than nb 1.0

Instead of using 5ma 5 shift I use adaptive laguerre filter(alf) and also added 60minute TMA to the chart
Grey line is the 60min TMA and dodgerblue blue line is the adaptive laguerre filter.
Rest is the same as nanningbob's...


Tim,

Is it possible to post your template?

Thanks,

Edd
  • #872
  • Feb 22, 2011 8:00am Feb 22, 2011 8:00am
Guys,

Will someone help me on the attached photos screen. The trend (nzdusd) is downtrend (below the dark blue line and below the TMA). My question is if the 5x5 crosses with the 1MA is this a valid buy entry?

Thanks,

Edd
Attached Image(s) (click to enlarge)
Click to Enlarge Name: nzdusd.gif Size: 29 KB
Click to Enlarge Name: eursud.gif Size: 25 KB
  • #873
  • Feb 22, 2011 8:27pm Feb 22, 2011 8:27pm
Quoting Edd Ganuelas
Guys,

Will someone help me on the attached photos screen. The trend (nzdusd) is downtrend (below the dark blue line and below the TMA). My question is if the 5x5 crosses with the 1MA is this a valid buy entry?

Thanks,

Edd
I have not been using this with the 1M, 5M, or 15M charts but if it is a trade that goes in the same direction as the 1H read then I cant see why you could not use it that way. I have not tested it on these lower time frames though. If you try it and it is successful let us know. The EAs only work on the 1H chart though.
  • #874
  • Feb 23, 2011 3:53am Feb 23, 2011 3:53am
Quoting nanningbob
I have not been using this with the 1M, 5M, or 15M charts but if it is a trade that goes in the same direction as the 1H read then I cant see why you could not use it that way. I have not tested it on these lower time frames though. If you try it and it is successful let us know. The EAs only work on the 1H chart though.
Bob,

Thank you for your reply. The NZDUSD is a 1h TF. I am still confused using the TMA. This is my first visit after your 5.0 System and started demoing. The seemingly confusing arises in reference to the weekly trend - the dark blue line. For example if I want to buy on dips (support) and the green weekly trend is below (or sell and the weekly dark blue line is on above), is this is a valid entry? The definition corrent me if I am wrong state that it must be in line with the weeklly trend.

Sorry, maybe I missed something down the line of your post some explanation of this similar issues. Right now I just rely on the crossing of the 5x1 MA.

Regards,

Edd
  • #875
  • Feb 23, 2011 6:26am Feb 23, 2011 6:26am
Yesterday I opened 3 orders: USDSGD, AUDUSD and AUDJPY.

Only two in profit, AUDJPY closed by SL.

I opened when MA5 was closed to Red or Green line and price went through it.

The TMA direction was down on AUDUSD and AUDJPY, but the main thrend was UP and I opened BUY orders.

I was really surprised today when I saw that the TMA have an other values and MA5 wasn't below the Green line.

I understood now that the TMA redraw the history and we must have some experience when using it, because we see the situation in the current time and decide what to do.
The TMA indicator is very useful - just didn't try to have an experience from the history you will see the other picture in this case.

I attached the 3 photos - the third is the 1 on 2. You can see the indicator values today and yesterday.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpchf1.jpg Size: 138 KB
Click to Enlarge Name: gbpchf2.jpg Size: 142 KB
Click to Enlarge Name: gbpchf3.jpg Size: 60 KB
  • #876
  • Feb 23, 2011 11:55am Feb 23, 2011 11:55am
Anyone knows if something is up with this pair?
Using TOB and in recovery L1 -296 , L2 -147 @ 0.05 lot size.
When is this thing gonna turn around.
LEARNING HOW TO FISH SO I CAN FISH FOREVER
  • #877
  • Feb 23, 2011 12:09pm Feb 23, 2011 12:09pm
Quoting Mixer
Anyone knows if something is up with this pair?
Using TOB and in recovery L1 -296 , L2 -147 @ 0.05 lot size.
When is this thing gonna turn around.
Because of the earthquake in NZ the NZ dollar took a dive.

Apart from that, I think you're in the wrong tread. "TOB" trades the countertrend method and the ea for that has it's own thread.
  • #878
  • Feb 23, 2011 3:10pm Feb 23, 2011 3:10pm
sorry for the newb question but this is my first time working with EA's and i need a little help. For some reason my EA's aren't triggering orders when price moves across the line. I'm using an fxdd mt4 demo account. Can someone please tell me what i'm doing wrong?
  • #879
  • Feb 23, 2011 8:40pm Feb 23, 2011 8:40pm
Quoting jaymuurs
sorry for the newb question but this is my first time working with EA's and i need a little help. For some reason my EA's aren't triggering orders when price moves across the line. I'm using an fxdd mt4 demo account. Can someone please tell me what i'm doing wrong?

If the EA has settings for TP and SL you need to change these to 0 and see if it works then. Some brokers now use systems that wont take the SL and TP with the buy/sell order and they must be added after the trade is entered.
  • #880
  • Feb 23, 2011 8:42pm Feb 23, 2011 8:42pm
Quoting Mixer
Anyone knows if something is up with this pair?
Using TOB and in recovery L1 -296 , L2 -147 @ 0.05 lot size.
When is this thing gonna turn around.
Eur/nzd and gbp/nzd are two of the most volatile pairs on the market. They can swing a 1000 pips at times so unless you really know what you are doing I wouldnt trade those pairs. I like the eur/nzd but it can give you ulcers.
0 traders viewing now