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1 minute semafor

  • #41
  • Mar 11, 2011 9:47am Mar 11, 2011 9:47am
lost 6 pips and a close above the pivot???
  • #42
  • Mar 11, 2011 10:49am Mar 11, 2011 10:49am
set 1.3854 some shorts just now and at 1.3860 again. (mR1 1.3862)
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M1, 2011 March 11.jpg Size: 450 KB
  • #43
  • Mar 11, 2011 11:10am Mar 11, 2011 11:10am
EURUSD 1.3873 short again.


..and 1.3891 (DR1) again, if price will touched the pivotal point.
  • #44
  • Mar 11, 2011 1:08pm Mar 11, 2011 1:08pm
For those worried about repaints - search for "nonLagMA trend display v1.0" add that to your chart with the following times M1, M5, M15.

You can be very conservative by only taking a trade that is in agreement with all 3 timeframes.
  • #45
  • Edited Mar 12, 2011 6:13am Mar 11, 2011 5:22pm | Edited Mar 12, 2011 6:13am
EURUSD, M5, 2011 March 11

Like to see this indi straight in the chart window.

Note:
http://www.forexfactory.com/showthre...243045&page=69
#1023

M5
"NonLag MA" indi generate with his red lines in a forced upwards trend with high vola and momentum at M5 chart only few practical and empirical evidence if at all. It could produce confusion by beginner level traders. "Retraces at Pivotal Points" are a more credible explenation.
ADX -DI/+DI might be the more valid and more reliable indicator (without any crossovers, see the black frame).

Okay it was Friday, ...even so!

M15
Only the M15 makes then sense, but at M15 the "NonLag MA" don't generate valide and reliable data in slightly sideway market movements.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD, M5, 2011 March 11.jpg Size: 277 KB
Click to Enlarge Name: EURUSD, M15, 2011 March 11.jpg Size: 314 KB
Click to Enlarge Name: EURUSD, M5, 2011 March 11 with ADX.jpg Size: 443 KB
Attached File(s)
File Type: mq4 Nonlag MA Chart window.mq4   4 KB | 791 downloads
  • #46
  • Mar 11, 2011 5:23pm Mar 11, 2011 5:23pm
Quoting enochben
For those worried about repaints - search for "nonLagMA trend display v1.0" add that to your chart with the following times M1, M5, M15.

You can be very conservative by only taking a trade that is in agreement with all 3 timeframes.
Sorry to be a killjoy, but you should be aware that the NLMA MTF has been tried and tested on a thread here on FF and the last sentence of the last post on the thread reads "Here it comes another Loser...."
  • #47
  • Mar 14, 2011 10:43pm Mar 14, 2011 10:43pm
Just like any other viable method I have used, to get any semblance of consistant results you need to trade with the trend. Using a 1 minute chart to determine the trend is CRAZY. Knowing this, use a higher timeframe to determine the trend - for short term trades 5 minutes is good.

Once you determine the trend direction wait for a semafor in the OPPOSITE direction of the trend. Then trade signals in the direction of the trend.
  • #48
  • Mar 14, 2011 11:40pm Mar 14, 2011 11:40pm
Quoting medici
Sorry to be a killjoy, but you should be aware that the NLMA MTF has been tried and tested on a thread here on FF and the last sentence of the last post on the thread reads "Here it comes another Loser...."
Yes, I am the one who wrote that sentence Medici .

Btw, the NLMA MTF is pretty handy tools (but not that good because its so heavy for the PC). If we use NLMA MTF for entering trades then what we actually trade is the probability for this indy to repaint (or not) in the next few sets candles on the right. If it repaints then your SL got hit, but if not then you are flying with the trend. Like any other system and indicators, we should trade them with discretion, proper knowledge and proper MM to make it work.


NG
  • #49
  • Mar 15, 2011 2:32am Mar 15, 2011 2:32am
Quoting NiceGuy
Like any other system and indicators, we should trade them with discretion, proper knowledge and proper MM to make it work.
I would question whether systems or indicators should be traded at all without solid evidence of their profitability. The NLMA story is a good example. The thread starter claimed excellent results on demo, yet relatively experienced traders were unable to make it work.

Most people seem to be going from system to system looking for profitability in much the same way as some go from hooker to hooker looking for love. And for the same reason it won't be found.

It is indeed strange that so many people entertain the notion that some indicator or system will relieve them of having to acquire an understanding of the markets. Without such understanding profitability will never happen. Any system traded should be an expression of your market knowledge, not of your ignorance.
  • #50
  • Mar 15, 2011 3:08am Mar 15, 2011 3:08am
Quoting medici
It is indeed strange that so many people entertain the notion that some indicator or system will relieve them of having to acquire an understanding of the markets. Without such understanding profitability will never happen. Any system traded should be an expression of your market knowledge, not of your ignorance.
Well said. How true.

Yes, I always keep coming back trading with S/R lines, simple MA (that saves my time from drawing trendlines) and another indi to spot divergence to survive this hard way of making living...

Trying to understand and to predict what those big boys is up to next is the most important indi of all. It just too bad that people could not come up with that kind of indi yet. We have some good ones around but none of them speak out the future...Well,.. That leave us with the old primitive ways to find the clue before it happen I guess...

Sorry for the chit chat here Mr Thread starter.

Keep on going...


NG
  • #51
  • Mar 15, 2011 7:34am Mar 15, 2011 7:34am
Quoting NiceGuy

Sorry for the chit chat here Mr Thread starter.


NG
No need - as long as he chit chat is constructive (negative or positive) it should benefit all.
  • #52
  • Mar 15, 2011 10:10pm Mar 15, 2011 10:10pm
Just ignore Medici, most of us have learned to. Your system has merit because you are not basing it on a single reversal signal, but waiting for the market to confirm. Medici doesn't understand this, but just let him be.

Quoting enochben
I for one do not get into pissing matches about what works better, who knows more, purist vs squiggly lines, techie vs fundie, etcetera....

I simply post observations and hope that it will benefit someone... If it does, great, if it does not then please feel free to ignore.

Either way, I am not going to be bothered.
  • #53
  • Mar 20, 2011 11:46am Mar 20, 2011 11:46am
Hi enochben,
Thanks for the method, just setup the indicators. Would be testing on the live charts tomorrow.
Nobody ever went broke taking profits.
  • #54
  • Mar 20, 2011 12:37pm Mar 20, 2011 12:37pm
I've mentioned this many times before but the best way to see how a repainter performs is to use strategy tester. Use any old ea in visual mode and add the indy in question. You can see exactly what happens
We are all One. Be present. Be the Observer
  • #55
  • Mar 22, 2011 12:43pm Mar 22, 2011 12:43pm
hi enochben,

Thank you for sharing your system.
I have tried it today and so far gave me good result

  • #56
  • Mar 22, 2011 4:11pm Mar 22, 2011 4:11pm
Congratulations enochben on taking Semafor to a thread of it's own! Like I was trying to say before, the reason it repaints is because that's the way prices move.

Think things may have gotten screwed up from the earthquake and that's probably a good time to switch timeframes. GPB/JPY was insane (unless you caught the down move ((I did not go live.)) The spread locked in at 8-pips for better than a day, maybe as sort of a warning. Have been looking at 1-min. on EUR/USD which is moving nicely now, and will endeavor to post charts for comparison.

Well, was intending to post the pictures not the files, but oh well.

Doubt anyone would want to try GBP/JPY on a day like this with 8-pip spread.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD1.jpg Size: 171 KB
Click to Enlarge Name: gbpjpy1.jpg Size: 163 KB
  • #57
  • Mar 23, 2011 3:57pm Mar 23, 2011 3:57pm
Trade with the trend. So you want to use this system to scalp the 1 minute chart?

I use a 1 hr chart to determine when the trend is running, ending, slowing down. Add AMA + NonLag MA both set to 89 periods. If price is under both - only trade short, if price is above both - only long and if price is in the middle...just wait it out.

Note: I also trade crosses on the 1 hr.

Attached Image (click to enlarge)
Click to Enlarge Name: ishot-55.png Size: 47 KB
  • #58
  • Mar 24, 2011 8:14am Mar 24, 2011 8:14am
Quoting enochben
Trade with the trend. So you want to use this system to scalp the 1 minute chart?

I use a 1 hr chart to determine when the trend is running, ending, slowing down. Add AMA + NonLag MA both set to 89 periods. If price is under both - only trade short, if price is above both - only long and if price is in the middle...just wait it out.

Note: I also trade crosses on the 1 hr.

Attachment
Would you post your indicators?
  • #59
  • Mar 24, 2011 8:57am Mar 24, 2011 8:57am
Using the 1 hour to "filter" trading opportunities - there are no new trades this morning as price is in-between the two MA's. I would let the market decide what the next move will be by waiting for the downtrend to continue with a push below 1.4094. On the flip side, if we get a break above 1.4173 my bias would slowly switch to the long side....

Attached Image (click to enlarge)
Click to Enlarge Name: ishot-56.png Size: 32 KB
  • #60
  • Mar 24, 2011 9:00am Mar 24, 2011 9:00am
Quoting 0002097
Would you post your indicators?
Indicators can be found here: http://www.forexfactory.com/showthread.php?t=281465

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