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Attachments: Chin-Star trending system
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Chin-Star trending system

  • #381
  • May 26, 2011 10:14am May 26, 2011 10:14am
Nice EJ short, closed part for 45 pips. GJ is still holding stong hoping to go down soon.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.121.jpg Size: 185 KB
  • #382
  • May 26, 2011 3:02pm May 26, 2011 3:02pm
A lot of people told me that signals come very late with Chin indicators. I originally made it to follow the strong trend, but if we trade intraday on 15m TF then yes the signals will be coming late. So I modified my code today to make 2 new indicators. Please test these 2 indicators (Chin-c, Chin-D) for next week and let me know how it works.

NOTE: ALL ORIGINAL RULES REMAINS SAME. AS SIGNALS WILL COME EARLY IN THESE INDICATORS PLEASE OPEN TRADE ON NEXT CANDLE AND SEE TO IT THAT INDICATORS STAY ABOVE OR BELOW THE DEFINE LEVEL.

Please dont discard chin-A&B, I am back-testing and seeing how we can integrate them as filters.

If the new indicators test successfully I will update my 1st post.
Attached File(s)
File Type: ex4 Chin-C.ex4   3 KB | 613 downloads
File Type: ex4 Chin-D.ex4   3 KB | 585 downloads
  • #383
  • May 27, 2011 2:45am May 27, 2011 2:45am
Quoting pash78
[color=Red]A lot of people told me that signals come very late with Chin indicators. I originally made it to follow the strong trend, but if we trade intraday on 15m TF then yes the signals will be coming late....
What levels do we use? I applied 1500 and -1500 on EUR/USD but the indicators values are currently 43 and 27 give or take. Or are these meant to be used with a zero line instead? Thanks.
Get money, don't let money get you. @kauaiforex
  • #384
  • May 27, 2011 5:13am May 27, 2011 5:13am
thank s Pash78... i will test this 2 indicators


Quoting pash78
A lot of people told me that signals come very late with Chin indicators. I originally made it to follow the strong trend, but if we trade intraday on 15m TF then yes the signals will be coming late. So I modified my code today to make 2 new indicators. Please test these 2 indicators (Chin-c, Chin-D) for next week and let me know how it works.

[color=darkgreen]NOTE: ALL ORIGINAL RULES REMAINS SAME. AS SIGNALS WILL COME EARLY IN THESE INDICATORS PLEASE OPEN TRADE ON NEXT CANDLE AND SEE TO IT THAT INDICATORS STAY ABOVE OR BELOW...
  • #385
  • May 27, 2011 6:04am May 27, 2011 6:04am
Pash thanks - will test these and feed back to you.
Until next week - have a good weekend all
  • #386
  • May 27, 2011 8:07am May 27, 2011 8:07am
Quoting NoJobRob
What levels do we use? I applied 1500 and -1500 on EUR/USD but the indicators values are currently 43 and 27 give or take. Or are these meant to be used with a zero line instead? Thanks.
15 and -15 for EU,GU,AU and 1500 and -1500 for EJ,GJ. Please read first post all rules remains same.
  • #387
  • May 27, 2011 9:05am May 27, 2011 9:05am
Quoting pash78
[color=Red]A lot of people told me that signals come very late with Chin indicators. I originally made it to follow the strong trend, but if we trade intraday on 15m TF then yes the signals will be coming late....
Thank -- yes it give better signal -- much earlier than A and B
PROFITABLE TRADERS ARE NOT LUCKY BUT ARE WELL PREPARED
  • #388
  • May 27, 2011 9:44am May 27, 2011 9:44am
Hello Frinds...

Attached Image (click to enlarge)
Click to Enlarge Name: chin.jpg Size: 100 KB


I found something interesting while I use chin in 1M ...

I am not trading 1 Min ...

Arun...
  • #389
  • May 27, 2011 1:41pm May 27, 2011 1:41pm
Chin Combo AB is the renamed "Chin Combo" posted earlier.
Chin Combo CD are the quicker versions post by pash
Chin Combo ABCD are all four in one window.

Legend
Chin A - Red Index # 0
Chin B - Green Index # 1
Chin C - Yellow Index # 2
Chin D - White Index # 3

Cheers

Pat
Attached Image (click to enlarge)
Click to Enlarge Name: chin a b c d combo .gif Size: 41 KB
Attached File(s)
File Type: ex4 Chin ComboAB.ex4   2 KB | 647 downloads
File Type: ex4 Chin ComboCD.ex4   2 KB | 654 downloads
File Type: ex4 Chin ComboABCD.ex4   3 KB | 705 downloads
  • #390
  • May 27, 2011 5:31pm May 27, 2011 5:31pm
THANK YOU PAT


Quoting Pat1
Chin Combo AB is the renamed "Chin Combo" posted earlier.
Chin Combo CD are the quicker versions post by pash
Chin Combo ABCD are all four in one window.

Legend
Chin A - Red Index # 0
Chin B - Green Index # 1
Chin C - Yellow Index # 2
Chin D - White Index # 3

Cheers

Pat
  • #391
  • May 27, 2011 6:16pm May 27, 2011 6:16pm
Quoting LVRocha
THANK YOU PAT
U R Welcome
Happy Pipping

Cheers

Pat
  • #392
  • May 27, 2011 6:23pm May 27, 2011 6:23pm
Thanks for the fantastic contributions Pat, and thanks Pash for the updates on the indy, Im going to do some experimenting and get back to you guys on monday If i have positive results in the chat room.

Sorry havent been able to stick around much today, markets had moved quite a bit by London open so called it a day to sort out some personal things.

See you guys in the chat on Monday and we'll hopefully have a great trading week this week lets hope

Thanks again Pat and Pash.
  • #393
  • May 27, 2011 10:08pm May 27, 2011 10:08pm
Quoting Pat1
Chin Combo AB is the renamed "Chin Combo" posted earlier.
Chin Combo CD are the quicker versions post by pash
Chin Combo ABCD are all four in one window.

Legend
Chin A - Red Index # 0
Chin B - Green Index # 1
Chin C - Yellow Index # 2
Chin D - White Index # 3

Cheers

Pat
Thanks Pat!
  • #394
  • May 28, 2011 2:35pm May 28, 2011 2:35pm
Please someone write an alert with email for chin c and d!!

I have been looking at some exit strategies for this system. Was looking at closing half once profit is at 20 pips and moving the SL to breakeven then. Also looked at placing levels of 50 and -50 on the indicators and closing a long if one touches the 50 level and a short if one touches the -50 (closing the half that is still open after partial close at 20 pips)

Also was noticing that you may be able to use divergence with your indicator. I noticed a few patterns and it may be something worth exploring.
  • #395
  • May 29, 2011 3:48pm May 29, 2011 3:48pm
Quoting cmac0351
Please someone write an alert with email for chin c and d!!...
Here you go, please see attached EA's for alerts and e-mails. Yes you can use divergence with these indicators. If you see something coming up please post charts.

Its US holiday tomorrow, I guess all the movement will be Asia today.
Attached File(s)
File Type: ex4 Chinstar-Alert-EJ-GJ-CD-Ver3.ex4   6 KB | 359 downloads
File Type: ex4 Chinstar-Alert-EU-GU-CD-Ver3.ex4   6 KB | 316 downloads
  • #396
  • May 30, 2011 9:16pm May 30, 2011 9:16pm
caught the 60 pip moves on EU and EJ tonight, exited when one of the chin-stars hit +50.
  • #397
  • May 30, 2011 9:24pm May 30, 2011 9:24pm
Quoting cmac0351
caught the 60 pip moves on EU and EJ tonight, exited when one of the chin-stars hit +50.
Hey good trade, I took the EU one but closed @ 40 pips, had to go out, but now see the move above 80 pips. GU also had a good move, see the charts.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.jpg Size: 109 KB
Click to Enlarge Name: GU.jpg Size: 109 KB
  • #398
  • May 31, 2011 7:50am May 31, 2011 7:50am
SELL on GU. 6450 is 1st support area.
  • #399
  • May 31, 2011 10:12am May 31, 2011 10:12am
Quoting pash78
SELL on GU. 6450 is 1st support area.
target 1 reached, also Short on GJ from 134.00, 133.50 is the first support.
  • #400
  • Jun 1, 2011 8:26am Jun 1, 2011 8:26am
Hello Friends

I test all the chin indicators, i trade live acount in 15M charts.. and for me the best indicators are Chin A and Chin C.. i use chin A to enter long position and Chin C to close

Cheers

LVRocha
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