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Mr Blobby V2 Super Simple 1m strategy

  • #101
  • Mar 4, 2011 10:17am Mar 4, 2011 10:17am
Hi,

I am the thread starter and I'm not trading this method anymore as I don't believe it to be able to survive ranging days. Don't waste your time on it unless you can come up with a good way to filter out the false signals.
  • #102
  • Mar 10, 2011 6:44am Mar 10, 2011 6:44am
Quoting Roofx
Hi,

I am the thread starter and I'm not trading this method anymore as I don't believe it to be able to survive ranging days. Don't waste your time on it unless you can come up with a good way to filter out the false signals.
Hi Roofx,

It's a pity though. I started trying out this week and I've been pretty consistent in my winning. I don't aim for 100 pips. I'm just happy that I can earn 15-20 pips. With the small TP, I find Blobby pretty good even in ranging markets.
  • #103
  • Mar 10, 2011 8:11am Mar 10, 2011 8:11am
Hi Lundu,

Could you tell us how you trade your own version of Blobby? It was my method for some time until I got fed up getting battered by the ranging times and I wasn't able to filter out enough false signals to survive those times and remain profitable. I'm back to just trading horizontal levels and it's ok but I'd still like to work out a more mechanical method.
  • #104
  • Mar 11, 2011 6:50am Mar 11, 2011 6:50am
Quoting Roofx
Hi Lundu,

Could you tell us how you trade your own version of Blobby?
Hi Roofx,

I'm actually using your method with 5 min TF. I use swing high/low during ranging markets on top of Blobbly, together with Fibonacci for both ranging and trending markets. Since I just started this, I am still figuring out on my SL. My rough idea is that if the price goes against my trade to 38.2 Fib level, I close my trade. Another idea is to refer to Heiken Ashi. What do you think?
  • #105
  • Nov 30, 2011 5:34am Nov 30, 2011 5:34am
Quoting peterke
Hi, good strategy, the pallada strategy which has been around a couple of years is primarily based on the BBands indicator for its entries. It uses 15 minute timeframe which from my observation works well with this indicator as the timeframe helps filter some of the noise.

There are several EAs floating around for it which I think work mainly on EURUSD.

I have attached one of the free ea's that uses the signals but I can't remember which indicators it needs.

All The pallada indicators are available free on the web

A suggestion...
Mr Peter can you plz send me this indicator that is in this picture called dss bressert , Thanks
  • #106
  • Apr 22, 2014 6:19am Apr 22, 2014 6:19am
Hi Roofx, have you considered combining the bbands with parabolic. Both confirmation of these 2 indicators may filter out most bad signals for trades.. Maybe?
  • #107
  • Last Post: Sep 18, 2017 12:52am Sep 18, 2017 12:52am
I recommend if someone want to share trading system (either it work or not) please upload everything (images, templates, etc) into ff because as long as ff stay everything will be intact so the future generation can learn or improve it. If you put the images on hosting site they can change their policy and delete yours.

So here are the images from first page
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Exampleofbadday.jpg Size: 102 KB
Click to Enlarge Name: Exampleofgoodday.jpg Size: 132 KB
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