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Nb 1.0 trend trade system

  • #921
  • Mar 5, 2011 8:57pm Mar 5, 2011 8:57pm
Quoting TheSnowman
Not much to be seen on the charts this late on a Friday, seems like most are over extended to the high side, like EUR-USD, or downside like USD-CAD, with the trend. Either that, or there is no clear crossover and the price action is flat, see the AUD-JPY.

Hopefully there will be some great pullbacks, with trend continuation, next week - see example chart.
Great Pic. Thanks for posting
  • #922
  • Mar 6, 2011 3:29pm Mar 6, 2011 3:29pm
Quoting Mediator
hello maestrodforex,

here is the NB Dashboard 1.2 which is away more faster and CPU friendly

regards

Mediator
Hi Mediator,

Can you (or any other) customize the NBfast Dashboard to make caracters more readable? I.e. Size/Colors etc. In my charts I have to use the microscope to read them.
Also it could be useful to be able to choice the pairs to look at....

Thanks in advance....
Aztrader


P.s. Great job in this thread!!!
  • #923
  • Mar 6, 2011 4:21pm Mar 6, 2011 4:21pm
Its taking all my willpower not to go countertrend on that EJ and EG setup. Otherwise the 5x5 EA just shorted me on the UJ. I'm only trading the majors along with EJ and EG to make 8 pairs to help control my overtrading habits. So if there are setups on any other pairs I'm unaware...

BTW is the correct value for the ATR Multiplier 2.0 or 2.5? I missed a few (maybe more than a few) pages since the thread started due to work and I'm seeing some people using a 8MA to enter trades. I've searched for an update to the system in here but no luck just bits and pieces.
  • #924
  • Mar 6, 2011 4:22pm Mar 6, 2011 4:22pm
I am no programmer, but try this at your own risk
Attached File(s)
File Type: mq4 NB Dashboard FAST 1.2.mq4   7 KB | 522 downloads
Canadian by birth Australian by choice
  • #925
  • Mar 6, 2011 4:25pm Mar 6, 2011 4:25pm
Forgot the screen shot, big enough?
Attached Image (click to enlarge)
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Canadian by birth Australian by choice
  • #926
  • Mar 7, 2011 4:36am Mar 7, 2011 4:36am
Corylee, I have spotted the very same thing a few weeks ago. I have quietly been following FF over 1.5 years without posting anything until I educated myself a bit more with forex and trading in general.

I had made an EA based on nanningbobs rules (I'm a software engineer by profession so have no problem with mql) and have found that the long & short signals at current time may not always be considered historically because when time has moved forward the historic TMA values change and redraw as shown in your charts. So I always hold level of skepticism when looking at entry rules on historic charts using this sytem.

I had tried this with the tma true indicator which doesn't repaint so the entry rules are more consistent.

I have also found that when adding the divergence filter of the (240MA(DBlue) and the center TMA) values to the EA, a lot of possible entries are ignored because as price action moves to the outer TMA lines and beyond in most cases this causes the the divergence filter to kick in and fails to trigger a buy or sell signal when it heads back and crosses the shifted 5MA.

This still is a very very good system non the less but probably not one that can be automated easily.

As a first post would also like to give my gratitude to nanningbob and steve hopwood for all you guys have done. Respect!! Especially to bob and his systems. Always follow your posts with great interest.

Quoting corylee
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...
  • #927
  • Mar 7, 2011 7:33am Mar 7, 2011 7:33am
1 question, I wanted to forward test this with a micro account. However, can the EA deals with EURUSDm GBPUSDm

Does the "m" make any difference to the EA?
  • #928
  • Mar 7, 2011 6:28pm Mar 7, 2011 6:28pm
NB:

This may be a stupid question, so slap me if it is and I'll understand. I'm learning your system and it's great.

My understanding of using the EAs that you have provided is to load the EA to get an entry for you once you have determined a good candidate currency. Then come back later and load the Management EA for the ones that were entered. This is fine and I can deal with that. I can remote in to my home computer from work I guess. Is there an EA that will manage the trade after entering without having to load another EA? I have looked and looked through your forum and tried to find one and can't. I'm not being lazy and I'm not a programmer. Just wondering if you might know of one.

And praises to the one who has taught us all how to fish!


Quoting nanningbob
Great Pic. Thanks for posting
  • #929
  • Mar 7, 2011 8:26pm Mar 7, 2011 8:26pm
Quoting SandFX
NB:

This may be a stupid question, so slap me if it is and I'll understand. I'm learning your system and it's great.

My understanding of using the EAs that you have provided is to load the EA to get an entry for you once you have determined a good candidate currency. Then come back later and load the Management EA for the ones that were entered. This is fine and I can deal with that. I can remote in to my home computer from work I guess. Is there an EA that will manage the trade after entering without having to load another EA? I have looked...
Read post 1 and download the MPTM Zip. It's what you want. Load on a separate chart with required settings. Or simply use the template with it already loaded. It will take over once the trade is live.

regards,

murray
  • #930
  • Mar 8, 2011 12:26am Mar 8, 2011 12:26am
Quoting bookstore
1 question, I wanted to forward test this with a micro account. However, can the EA deals with EURUSDm GBPUSDm

Does the "m" make any difference to the EA?

no it doesn't
I use it on IBFX Australia micro and it works just fine
you just need to adjust the lotsize to 0.01 to trade the minimum lot


btw. currently my EA is active on 11 pairs:

USDJPY
AUDNZD
GBPNZD
AUDCHF
USDCHF
GBPCHF
NZDJPY
NZDCHF
EURNZD
NZDUSD
CHFJPY

what do you think?
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  • #931
  • Mar 8, 2011 12:27am Mar 8, 2011 12:27am
and here are the others
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  • #932
  • Mar 8, 2011 5:59am Mar 8, 2011 5:59am
I looking at this two for tonight. I'm still sticking to h1 version.
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  • #933
  • Mar 8, 2011 5:34pm Mar 8, 2011 5:34pm
I am at work, so I have reduced my watch list to 6 - AUD-USD, EUR-USD, GBP-USD vs USD-CAD, USD-CHF, USD-JPY.

These give me a good view of what is happening with USD, and I think it is a tricky time right now. Sticking with the 1 Hour charts, I see trend change occurring with AUD & GBP with EUR certainly turning down, so I am holding off on any signals for now; they will probably be last gasp reactions.

On the other side, JPY has crossed, CHF is pointed up, and CAD is flat, so make of that what you will.

Looking back at the charts, you can see where entering at the 240 MA price would be a great entry, but there is some debate about the TMA that I am not completely understanding at this point.

Of course, could be some big news, and everything turn around just like that!!!
Canadian by birth Australian by choice
  • #934
  • Mar 9, 2011 8:09pm Mar 9, 2011 8:09pm
Quoting TheSnowman
I am at work, so I have reduced my watch list to 6 - AUD-USD, EUR-USD, GBP-USD vs USD-CAD, USD-CHF, USD-JPY.

These give me a good view of what is happening with USD, and I think it is a tricky time right now. Sticking with the 1 Hour charts, I see trend change occurring with AUD & GBP with EUR certainly turning down, so I am holding off on any signals for now; they will probably be last gasp reactions.

On the other side, JPY has crossed, CHF is pointed up, and CAD is flat, so make of that what you will.

Looking back at the charts, you can...
I agree Snowman. I'm sticking with the H1 charts. I have been comparing the H4 and H1 charts and I'm liking the amount of entry opportunities on the H1. NB has a lot more insight and experience with this then I have. I've just had to be checking in more often and it's been working well. I love the '1.2 1h 4h trend' template NB shared with us. It allows me to check in on the H4 and see the longer term bigger picture.

I'm also remoting into my computer from work (don't tell my boss) so that allows me to keep track of them more often. It's literally taking less then 5 min to check on more than 20 markets, set up the good ones with the EA and move on. I've been having a lot of success. The 15-3 MPTM is doing wonders

Keep up the good work NB and all the others contributing
  • #935
  • Mar 9, 2011 8:28pm Mar 9, 2011 8:28pm
19 trades with only 3 ending as losers, and those three were not significant losses. The biggest looser (EUR/CAD), the one highlighted in blue and it was only less then 20 pips. I actually manually took myself out of that one because the TMA had crossed the 240 for a change in direction and my trade was going long. Shouldn't have even considered entering that one as the TMA was so close to the 240 in the first place. The other 2 were taken out by the EA and they were very small indeed.

I'm loving it so far. A lot more testing to do for sure.

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  • #936
  • Mar 10, 2011 3:29am Mar 10, 2011 3:29am
Quoting SandFX
19 trades with only 3 ending as losers, and those three were not significant losses. The biggest looser (EUR/CAD), the one highlighted in blue and it was only less then 20 pips. I actually manually took myself out of that one because the TMA had crossed the 240 for a change in direction and my trade was going long. Shouldn't have even considered entering that one as the TMA was so close to the 240 in the first place. The other 2 were taken out by the EA and they were very small indeed.

I'm loving it so far. A lot more testing to do for sure....
Hi SandFx

really happy to see your results
you gave me some hints for my trading..and for trading from my Office

I'm new to this system,but I'm not know to the Forex Market
that's for sure..

this is the second time that I scroll ALL the thread from the beginning

any suggestions for a newbie about this sys ?

I'd like to start my Demo ASAP,but I'm getting confused about original sys and variations

any help is truly appreciated
PM if you wish

have a nice business !
Account deleted
  • #937
  • Mar 10, 2011 6:04am Mar 10, 2011 6:04am
Quoting swissforex
Hi SandFx

really happy to see your results
you gave me some hints for my trading..and for trading from my Office

I'm new to this system,but I'm not know to the Forex Market
that's for sure..

this is the second time that I scroll ALL the thread from the beginning

any suggestions for a newbie about this sys ?

I'd like to start my Demo ASAP,but I'm getting confused about original sys and variations

any help is truly appreciated
PM if you wish

have a nice business !
I'm using the info from page 1 with a couple modifications that NB has offered. He started the system on the H1 chart and missed using the H4 from what I could understand. So, he gave this link: http://www.forexfactory.com/showpost.php?p=4316327 of what he is using to include the H4. It still has everything on the H1 and he's made the H4 to be read for a bigger picture. He even describes how to trade on the H4 if you want to use it. I'm using the H1.. more entries from what I can see so far.

The other modification that I'm using is Steve Hopwood's EA that he designed to use specifically for NB's system. It incorporates the MPTM 15-3 in it and I love it. Here's the link for that: http://www.forexfactory.com/showthre...29#post4288129
I like it because it's just one EA I can use and there's a lot of settings to customize to what I want.

I'm lovin this because like I said.. It just takes me about 5 minutes to go through a little over 20 currencies and set the EA and I'm good to go. I have to keep a close eye on them, but that's better than what I was doing before.. trading for hours at a time on the lower TFs.. INSANITY!!

NB is a good man I can tell. He didn't have to share all this and the amout of time to put into just this thread alone could drive a man crazy. I'll contribute what I can, but adding to perfection is hard to do
  • #938
  • Mar 10, 2011 2:18pm Mar 10, 2011 2:18pm
Hello everybody

thank you so much SandFx
your reply is cristal clear

2 more questions please

at what time do you place most of your orders?
and how do you handle incoming FF "Red flag" News??

Account deleted
  • #939
  • Edited 4:47pm Mar 10, 2011 4:32pm | Edited 4:47pm
Quoting swissforex
Hello everybody

thank you so much SandFx
your reply is cristal clear

2 more questions please

at what time do you place most of your orders?
and how do you handle incoming FF "Red flag" News??

I do pay close attention to the news and especially the Non-Farm Payroll Fridays in the U.S. It can be a whopper of a day especially lately. I've seen the pound and a few other markets move hundreds of pips instantly. The other red flags I just have to decide if the news may be a big item or not. I've used in the past the advice of not trading an hour before the big news to an hour after the big news. But if you're already in a trade and you have profit and you know the news is coming up soon, just get out and take the profit. And vice versa.

I mainly look at the markets a few hours before the London open and also before the U.S. open. Everyone has their own preferences. That's what I've been doing. I haven't looked too much during the Asian time period because that's when I'm getting home from work and getting things done around the house. I'm on the west coast in the U.S. and thats the times I'm working with. It looks like you're in Switzerland. That's clear on the other side of the world from me, so you just have to see what works for you. And NB is in China... WOW!!

Right now the time is 5:15 in the afternoon and I'm just getting home from work and for me the Asian market is trading now. London won't open for another 7 hours from now. So just before I go to bed around 9 or 10 pm I check the markets for about 5 minutes and see how things are. Then I get up around 5 am and check on things again... for another 5 minutes.. Then after a while at work I remote in to home and check on things again for another 5 minutes or so.

You know.. this 5 minute stuff is really blowing me away. After making over 230 pips in a couple of days.. And only spending 5 minutes at a time doing it.. I'm pretty tired. But I'm lovin it
I am still testing this system and making sure I'm prepared for whatever comes along.

The money management that NB taught is really very.. VERY.. VERY.. VERY important. When I start trading my real account I'm using his advice of $1 per $10,000, or 10 cents per $1000. I intend to be in many markets at once and trading like that won't blow your account out of the water. Smart advice and I think it's well given. You don't have to make a fortune in a few days or weeks trading and risking everything you have while doing it. Just take it easy, keep your mind calm and don't make any STUPID MISTAKES! I really think that's the key. Read his manual about his 5 year plan. It's very interesting.

Anyway... I'm off my soap box for now. Someone else chime in..

NB is the greatest. Thanks NB
  • #940
  • Mar 11, 2011 6:20am Mar 11, 2011 6:20am
Quoting swissforex
Hello everybody

thank you so much SandFx
your reply is cristal clear

2 more questions please

at what time do you place most of your orders?
and how do you handle incoming FF "Red flag" News??

Glad you brought that up, swissforex, about the FF "Red Flags" news. I went through the markets last night.. over 20 in about 5 minutes.. and was deciding to put in my orders. Then decided to look at the calendar for news items. Whew... Glad I did. I decided to hold off on my orders.

There were some "Red Flags" concerning the CAD and GBP. The CAD/JPY dropped over 130 pips.. Guess that wasn't good news. And the GBP/JPY dropped over 240 pips.. I call that currency the.. "Widowmaker" It can move on a dime sometimes.

Anyway.. I had a really good sleep last night not worrying about my trades. Because I did my research.. a whole 5 minutes worth.. and knew I didn't need to be in the market.

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