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Chin-Star trending system

  • #101
  • May 5, 2011 10:23am May 5, 2011 10:23am
can you load the exe file so we can change the levels in the code or to change automatically dependent on which pair it is loaded onto

thank you
  • #102
  • May 5, 2011 10:31am May 5, 2011 10:31am
Quoting censura
can you load the exe file so we can change the levels in the code or to change automatically dependent on which pair it is loaded onto

thank you
The levels are not in code, it just plots the indicator. You need to click on levels tab in indicator and define the values.
  • #103
  • May 5, 2011 10:40am May 5, 2011 10:40am
I dont want to keep setting levels for different pairs , also i want to test the indicators in ea i have and require exe to pull out indicator levels once breached.

hope you can help


Quoting pash78
The levels are not in code, it just plots the indicator. You need to click on levels tab in indicator and define the values.
  • #104
  • May 5, 2011 11:02am May 5, 2011 11:02am
This chart will make it clear.

Quoting fugly
thx ..... look forward to the charts

so just to clarify you trade the nfp day only after the jobs numbers comes out, you mentioned dont take a trade even hours b4 so you dont take any trades throughout the day till the report comes out?

thx again
Attached Image (click to enlarge)
Click to Enlarge Name: EU-NFP.JPG Size: 77 KB
  • #105
  • May 5, 2011 11:27am May 5, 2011 11:27am
Quoting iferdous
Hi ....are those indicators on post 1 are the latest ones or there are newer ones on later post?

Post 1 has got latest indicators.
  • #106
  • May 5, 2011 12:42pm May 5, 2011 12:42pm
I can confirm that this strategy works for AUD/USD. Have also tested for USD/JPY. Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: chi-star audusd.jpg Size: 113 KB
  • #107
  • May 5, 2011 12:44pm May 5, 2011 12:44pm
Quoting pash78
This chart will make it clear.
all clear now waiting for nfp tomorrow

thx
  • #108
  • May 5, 2011 12:50pm May 5, 2011 12:50pm
Quoting dynel14
I can confirm that this strategy works for AUD/USD. Have also tested for USD/JPY. Thanks
Nope have not, but as USD/JPY is cross-currency the levels should be 1500 and -1500. Give it a try, I will try it next week.

I started testing it on only 4 pairs, but now looks like it can be generalized to any pairs. General rule will be level +- 15 for normal currency and +- 1500 for cross currency.
  • #109
  • Edited 1:11pm May 5, 2011 1:00pm | Edited 1:11pm
Quoting pash78
Nope have not, but as USD/JPY is cross-currency the levels should be 1500 and -1500. Give it a try, I will try it next week.

I started testing it on only 4 pairs, but now looks like it can be generalized to any pairs. General rule will be level +- 15 for normal currency and +- 1500 for cross currency.
USD/JPY
I will test it further...
Attached Image (click to enlarge)
Click to Enlarge Name: chi-star usdjpy.jpg Size: 113 KB
  • #110
  • May 5, 2011 1:22pm May 5, 2011 1:22pm
Quoting dynel14
USD/JPY
I will test it further...
Thanks for the chart.
  • #111
  • May 5, 2011 1:28pm May 5, 2011 1:28pm
can this system be automated?
  • #112
  • May 5, 2011 1:30pm May 5, 2011 1:30pm
yes I think that EA could be coded easily

Dunno what pash is thinking about ?
  • #113
  • May 5, 2011 1:46pm May 5, 2011 1:46pm
Quoting DerBerliner
yes I think that EA could be coded easily

Dunno what pash is thinking about ?
Personally I am not a big fan of EA, how will u train an EA not to take trades b4 news release or in dead markets. Also my take profit varies and not fixed to a point, so coding it is impossible.
However as I said before the alert EA is almost ready, it will generate alerts when a trade is coming as well as when to take actual trade. Hopefully should post it by tomorrow.
  • #114
  • May 5, 2011 2:24pm May 5, 2011 2:24pm
Wow Euro went 300 pips down since the alert today, I did not hold for that long, should have waited . But anyway hade some good trades today. There as also a short on GU.
  • #115
  • May 5, 2011 7:26pm May 5, 2011 7:26pm
Looks like all pairs are retracing after todays big move down. Dont take any Buy or SELL signal till tomorrows NFP, till then just relax.
  • #116
  • May 6, 2011 2:43am May 6, 2011 2:43am
Hi pash78

Thanks for your excellent system. But I could not attach chin indicators on chart successfully. Only blue indicator are seen & no levels. Please tell me how to set levels.
  • #117
  • May 6, 2011 7:44am May 6, 2011 7:44am
Just got one re-entry signal after NFP on GU Sell, will proceed cautiously.
  • #118
  • May 6, 2011 7:54am May 6, 2011 7:54am
Quoting pash78
Just got one re-entry signal after NFP on GU Sell, will proceed cautiously.

Out with small loss, no clear entry.
  • #119
  • Edited 8:24am May 6, 2011 8:04am | Edited 8:24am
Can you give us the indicators in MQ4 format ?

And, where do you download metatrader from ? The ones I know do not have updates as high as 392...

Thank you!
  • #120
  • May 6, 2011 8:21am May 6, 2011 8:21am
Where do you download your MT4 software from, the ones I know do not have update higher than 392...
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