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Attachments: Mrezoots' Bottom-Less Pipshake.
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Mrezoots' Bottom-Less Pipshake.

  • #101
  • Apr 16, 2011 3:04pm Apr 16, 2011 3:04pm
OMG!! Is this a discussion that's going on right now!?!?!.... LOL

I'm not sure... No other people have had the cahones to post ANYTHING so I forgot what it was like!

Thank you so much guys for your interest and inputs!!



I can see validity in both sides of backtestings... but,

I will say though that during my backtestings, I managed the TP's/BE/SL with the previously mentioned formula.

But by ALL MEANS....

If my threads first REAL discussion is about "My way makes more money than yours!"
PLEASE don't take that the wrong way! That is an enormous compliment to you BOTH!!

I feel like thats a GREAT start!!

So with that being said..

Let us figure out which is better for the whole. (ALL pairs, metals, futures, etc)

I will be posting some backtesting data as well this weekend.

I will be very busy in the studio however so please bare with me!


In the mean time..


Check out the NEW offices for ONE of my day jobs!

LOL! Sry.. I'm just VERY proud of the place now!! LOL!

Hit me up if anyone on here is an music artist! LOL! I'd love to hear ya!

But now you can see why I'm Ok with working all the time!


Have a GREAT weekend guys and we'll talk soon!!
Attached Images
  • #102
  • Edited Apr 17, 2011 3:32pm Apr 16, 2011 4:17pm | Edited Apr 17, 2011 3:32pm
Quoting Indrek
Well, as GBPUSD is quite far away from the pending order right now, let us watch also GBPCHF
Have a nice weekend, guys!

Hmm... I'm not quite getting the same here.. :nerd:

But that could be due to the older version it looks like your using.

We'll keep an eye on this one!

Thanks again Indrek!
Attached Image (click to enlarge)
Click to Enlarge Name: gbpchf daily (void of signal).gif Size: 23 KB
  • #103
  • Apr 17, 2011 1:04am Apr 17, 2011 1:04am
Quoting Mrezoot
Hmm... I'm not quite getting the same here.. :nerd:

But that could be due to the older version it looks like you using.
I noticed that your template's ADX settings do not match exactly with the settings in doc file that you posted. On your template, the ADX period of the top indicator was 20 and in doc file it was 14. I did some visual backtesting and found out that 20 is too much lagging. So, I use ADX period 14 for two higher indicators and 20 only for the bottom one.

Possibly this is the reason why I have a bit different picture?
  • #104
  • Apr 17, 2011 1:10am Apr 17, 2011 1:10am
Quoting shahroor
I appreciate what you saying however when I was backtesting I noticed that the trade either go your way and do hit the TP or go against you. If I remember well there was only one or two trades that reached half the distance and reversed. Moving SL too early could disadvantage your result as some trades were moving up and down around the entry level before taking off to hit TP. At the end of the day I am not sure how much that would influence the final result.
The question still is if some losses could be avoided by moving SL to BE at +150 pips, for example. Mrezoot uses it this way and as much as I understand, he has very good results.

A result of 25 % during 9 years can be called a total failure even if it is only one pair. There are many ways to invest better without less stress

EDIT: I would move SL to BE at one daily ATR(20) of a pair. This way, we take into account the fact that pairs have different volatility.
  • #105
  • Apr 17, 2011 1:12am Apr 17, 2011 1:12am
Sounds right to me!

:noted:
  • #106
  • Apr 17, 2011 1:29am Apr 17, 2011 1:29am
Ok so here is how the day went...

I chose the EURUSD as my test subject and ran it back from 1/1/01 to 1/1/11

During this period I took 53 valid signals.

I will admit UPFRONT that not ALL of these were managed as tightly as they should have been.

I was in the studio while I was doing this.

The majority of the calls that we're mismanaged went against me when they would have been a locked in breakeven if not profit,
had I been paying complete attention to the HAUL ASS computer I'm doing the testing on.

Your win/loss ratio would be MUCH better if you were PAYING ATTENTION ZOOT! Gawd! LOL! 50% thats horrible!

You'll notice them in the video. :nerd:

Oh well... It was a 3 hour strait backtest video.

So please excuse the occasional deviation from textbook in there.. most of them bite me. So it works out in our favor in the end!

I am in the process of uploading this to youtube now.. gonna be about 9 parts LOL!

This will show how I manage the trades and there TP and SL levels.

Please bare with me during the video uploads...

It is quite the file...

I am trying to get them (Videos) up tonight but I cannot promise anything.. been LOOONG day!!

But they ARE coming!!
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD 10year Report.png Size: 39 KB
Click to Enlarge Name: EURUSD 10year Equity Curve.png Size: 35 KB
  • #107
  • Apr 17, 2011 1:49am Apr 17, 2011 1:49am
Quoting Indrek
A result of 25 % during 9 years can be called a total failure even if it is only one pair.
There are many ways to invest better without less stress
Even though my returns are double as he stated.. I would like to dive a little more into the stat that he gave.

25% over the 9 years is giving us approx 2.8% per year on that one pair. GBPUSD

Accounting in that I try to never place trades of "conflicting correlation pairs", I might get to trade 6-8 pairs in year.

This is now yielding me between 16-22% per year over the small FX portfolio.

Considering MOST investment options are only yielding AT BEST 4% now...

I check my charts once a day mostly.. sometimes not even that!

And that takes a whole whopping 30 secs when I do.. assuming there are no trades to open.

I put nil any time into "monitoring" my accounts. So the return is AMAZING for my own personal time spent "trading".

I am extremely grateful to be subject to these discussions and look forward to where we are going in the future!

Talk to you all soon and thanks again both of you for contributing!
  • #108
  • Apr 17, 2011 5:44am Apr 17, 2011 5:44am
Mrezoots I have to say you got me excited when I saw those photos as I play keyboard but only a hobby though...

with regards to backtesting I would be interested to see your results, obviously there is no right or wrong way of doing it , we will all go for the one that is most profitable and that fits our style the most.. I would encourage everyone to post their backtesting results to compare..

Edited :sorry I missed the last page,I see that you've already posted some results,many Thanks
  • #109
  • Apr 17, 2011 12:28pm Apr 17, 2011 12:28pm
Quoting shahroor
with regards to backtesting I would be interested to see your results, obviously there is no right or wrong way of doing it , we will all go for the one that is most profitable....
The most important part about trading to ALWAYS remember!

There would just be a " HOLY Forex Trading System" if there was one way! LOL!

We'll leave that mindset for some of the other system threads on here! LMFAO!


In other news... The videos are almost done uploading..

I will be finishing uploading the last few this afternoon while finishing up some other stuff round the house.

DOMESTIC ZOOT DOES LAUNDRY!! LOL!


Talk to you all soon!!!
  • #110
  • Apr 17, 2011 1:53pm Apr 17, 2011 1:53pm
Well that was quite the task but here ya go guys!

I will admit that I did not maintain textbook exits on 100% of these.

I was working while recording and missed a few profitable exits that ended up going against me.

This is the cause for the 50% win/loss.... ugh..

However it DOES show for the most part, how I manage the moving of the SL's and Trailing Stops.

I hope this helps a little in explaining what has been difficult to do in words..LOL!

Thank you again to all of you for taking it to this level!

It is a pleasure to entice learning!

Inserted Video


Just double >click< >click< on the video to be taken to the channel with the remaining videos.

FYI... Its about 3-hours in total...

So unless your wanting pippage as EPIC as Lord of the Rings 3... watch it in smaller segments, spread out LOL!

Here is the link and please excuse the lack of other content...

The page was made for this video alone! LMAO!

Recommended to view in 720p while in Full screen.

Thank you again SOOO much guys and I look forward to hearing what you think about the first attempt video.

I have a feeling I will be doing more pairs, and will do it in a much more "focused" environment!

Happy Virtual Weekend Pipping!!
  • #111
  • Apr 17, 2011 3:18pm Apr 17, 2011 3:18pm
Well that dosent seem to be working quite how I planned..

Regarding getting to the other videos..

So here is my channel link.. enjoy! :nerd:

youtube.com/user/XLFxTrading
  • #112
  • Apr 18, 2011 2:49pm Apr 18, 2011 2:49pm
Short EURCHF from today. Entered manually as I found the signal only in the morning and it had already made 25 pip from signal candle and then retraced.
As a beginner with this system, I noticed only afterwards that I had violated the rules... There was no arrow...
Anyway, set SL to BE after price had moved for one ATR. So far, looks good.
Attached Image (click to enlarge)
Click to Enlarge Name: ech.gif Size: 43 KB
  • #113
  • Apr 18, 2011 7:20pm Apr 18, 2011 7:20pm
Quoting Indrek
Short EURCHF from today. Entered manually as I found the signal only in the morning and it had already made 25 pip from signal candle and then retraced.
As a beginner with this system, I noticed only afterwards that I had violated the rules... There was no arrow...
Anyway, set SL to BE after price had moved for one ATR. So far, looks good.
Way to secure the profits! No right or wrong way!

Nice job Indrek!
  • #114
  • Apr 21, 2011 10:21am Apr 21, 2011 10:21am
lol sorry for my charlie sheen pun of a title but good morning all, have been busy

fighting my backtester as ive been wanting to throw a 10 year for

everyone's comparison its just not getting here as soon as i would have hoped

but i digress; ive been watching alot of bulls this week and heres one ive been

keeping a close eye on as im sure everyone else has seen but i figured id come

to class for a lil show and tell...

heres the aud/usd up just a lil shy of 300 pips with 100 pip trailingstop...
Attached Image (click to enlarge)
Click to Enlarge Name: audusd1h.gif Size: 20 KB
  • #115
  • Apr 21, 2011 3:27pm Apr 21, 2011 3:27pm
Quoting DuGGieFX
lol sorry for my charlie sheen pun of a title but good morning all, ....
Don't be sorry!!

I got ADONIS DNA brother!

TIGERS BLOOD!!

LOL! Thanks for the "show and tell" duggie!

Here is the daily view for anyone who has been following it....

Threw in the "Trailing Levels" for reference to my recommended secure profit zones.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd daily signals.gif Size: 25 KB
  • #116
  • Apr 21, 2011 6:31pm Apr 21, 2011 6:31pm
Inserted Video



  • #117
  • Apr 21, 2011 7:57pm Apr 21, 2011 7:57pm
That's too funny He's the reason I signed up for twitter!!!
  • #118
  • Apr 21, 2011 9:47pm Apr 21, 2011 9:47pm
Quoting DaTrader
That's too funny He's the reason I signed up for twitter!!!
The dude has been an INCREDIBLE motivation for me lately!! LOL!

"If Charlie Sheens crazy ass can do it...." has been my go-to inspirational saying!

Well... that and.. DUH!! WINNING!!!!
  • #119
  • Apr 23, 2011 12:24am Apr 23, 2011 12:24am
Quoting Mrezoot
That is a little concerning as it is NOT the same....

I never had the RED MA arrow show on my charts..?

As well, you have a "drop out" on your bottom filter on approx Feb. 25th

Where I do not...

For the most part it is VERY close...but not identical.. Ill look into this more later tonight when I get back home.

We'll get ya there!

Mine is posted from my Alpari US account so I will cross it with the UK tonight!
This was probably just a broker issue of a candle closing time by an hour or two. You can see my Red arrow on FXDD and how scrunched up the MA's are, I bet that they crossed on mine but not your's.... Thanks For The System, I hope that you keep posting!
Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd red arrow.gif Size: 15 KB
  • #120
  • Sep 5, 2011 2:35pm Sep 5, 2011 2:35pm
Mrezoot I'm not sure if you're still reading this thread. Just curious if you ever shared the settings for the indis you used here.

Thanks
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