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  • #901
  • Jun 16, 2011 6:39am Jun 16, 2011 6:39am
Quoting jmw1970
Hi All

just noticed a small display bug in the !Kevinator indicator (after looking at Kevinator's recently posted charts).

This bug only appears if you switch the Stoch timeframes in the parameters AFTER you have already had the indicator on your chart.

ie. load the indicator with the defaults, ie. 1hr, then change to 30m after the indicator has already displayed.

what happens is the little text which shows the Timeframe and Direction is left on and overwritten with the new timeframe

To get rid of the old timeframe object

press CTRL + B to...
Thank you John for all your hard tech work.

Dean
  • #902
  • Jun 16, 2011 6:46am Jun 16, 2011 6:46am
nice Trade , I take +13

thanks Kevinator and all for the Help

cheers

here again my entry

sorry at Oanda I don't have the right indicator, I charting at MT4 and trade at java
Attached Image (click to enlarge)
Click to Enlarge Name: entry audusd1606.JPG Size: 44 KB
  • #903
  • Jun 16, 2011 6:51am Jun 16, 2011 6:51am
Quoting logic38
Hi olivierforex

nowyes I was looking to sell usd/jpy its off the top TMA band
we have a RF signel and its also reached daily pivot (resistance)


we also have news in one hour so be carefull
anyone just call me Oli (much shorter lol)
i know it's not part of Kevin's strategies but reading some of the posts from the start, some less experienced traders seem to be unaware of data releases & news event;
forexfactory has got a great calendar so make use of it (clicking on the 'detail' + 'chart' icons is a great way to learn what each is all about and how it might affect the pairs that you trade)

http://www.forexfactory.com/calendar.php
  • #904
  • Jun 16, 2011 7:04am Jun 16, 2011 7:04am
Kevin if you will allow me a moment. None of this is trying to be negative just concerns/questions about the system and how things are done.

I stumbled upon this thread by accident, I actually clicked on the wrong link while it was on the first page. I've been looking at it cause something about this had me interested.

First love the mom trades.

1. Yes, in a trending environment a stoch can and will stay in an overbought or oversold level for a VERY long time. If you actually see the 5 min stoch much of the time when it hits the far bands, the 5 min info is showing the opposite of the OB or OS of the 4 hr. So basically we are buying/selling on a pull back once price action starts to go back in the direction of the original trend. If you look at a higher TF charts you would not even see that blip on the screen.

2. The other thing I like about this are the indicators, and this is coming from a guy that normally trades naked. Loving the MTF stoch.

3. It can get the new folks looking at some price action and let them see the where and hows price is moving and that will help them incredibly over the trading career.

Kevin, I do have some concerns/questions for you I would like to ask about.

1. yesterday I asked about trading into news and never got a response. Over time it is a common belief, mine also, that is very dangerous. I understand if you have a longer term trade on you may keep it on depending how far into profit you are. how do you handle news?

2. Support and resistance. If you notice a level of S/R 10 pips in front of the trade for example, do you still take it blindly or would you pass on the trade. Again, this is something that would have people concerned about the trades as I can say I personally will filter those trades out as not a high percentage trade. Once again, that is me personally and how I trade.

3. Money Management. Kevin, if this is a thread of live trades is to help new and failing traders I feel this is something that must be talked about. I understand this has a lot to do with the trader's own personality and trading style but it must be something they understand. You've had a few traders in here totally confused about when they should get out and why. These are valid questions you have point blank refused to answer. Understanding why, where, and how to get out of trade can be even more important than how to get into it.

4. From looking at the system, and from what i know about trading, this system could (maybe should?) trade different depending on weather the pair/market are trending or not. What is your take on this?

Kevin,

I think answering some of these questions would really help a lot of people and also stop some of the people that come on the this thread and act as a distraction.

Also as a fellow skeptical person on the forum cause I've seen it and been burnt before you have to understand to a degree why people have a hard time believing.

the reason I do not post my charts on this thread is cause I do trade your system fairly differently than you are here and I do not want to detract from what you are doing, cause it is your thread and I respect that. Your system, the way you trade it, does not match my personality so I modified a little to help with that. Also, in a different thread where I did do a lot of posts and stuff I got much of the same you are getting right now and don't feel like dealing with it at this point in my life.

Sorry for the long post but I hope you take this as concerns and not slamming you.

Wish everyone the best of pips!

Simple
A woman drove me to drink, and I forgot to thank her
  • #905
  • Jun 16, 2011 7:05am Jun 16, 2011 7:05am
Quoting jmw1970
Hi All

just noticed a small display bug in the !Kevinator indicator (after looking at Kevinator's recently posted charts).

This bug only appears if you switch the Stoch timeframes in the parameters AFTER you have already had the indicator on your chart.

ie. load the indicator with the defaults, ie. 1hr, then change to 30m after the indicator has already displayed.

what happens is the little text which shows the Timeframe and Direction is left on and overwritten with the new timeframe

To get rid of the old timeframe object

press CTRL + B to...
Hi John,

I got a bit of a concern here..
on the stoach box i have pointed out with the blue line where the 1hr display says down but the actual steps are up..

can you check that to see what seemed to be the problem
Attached Image (click to enlarge)
Click to Enlarge Name: 225.gif Size: 44 KB
  • #906
  • Jun 16, 2011 7:12am Jun 16, 2011 7:12am
hi P.Dean

yes it's a bit confusing, I am thinking of making a mod

the step you marked at the time of the screen print was not actually the previous step, it was the step before

the step which is marked as down simply cannot be seen because the step value is too small from bar 1 to 0

if you look at the data manager window the actual values can be seen

will think of a solution to this

Regards
John

Quoting P.Dean
Hi John,

I got a bit of a concern here..
on the stoach box i have pointed out with the blue line where the 1hr display says down but the actual steps are up..

can you check that to see what seemed to be the problem
  • #907
  • Jun 16, 2011 7:16am Jun 16, 2011 7:16am
have way too many versions of the same indi on my laptop

I accidentally uploaded the wrong version of !kevinator v1

I have deleted the ones in the original post and am reposting here.

Note:- this does not address the concerns of P.Dean in the previous post which I am still looking for a viable solution to.

Once again my apologies.

Regards
John
Attached File(s)
File Type: mq4 !Kevinator v1.mq4   12 KB | 466 downloads
File Type: ex4 !Kevinator v1.ex4   13 KB | 333 downloads
  • #908
  • Jun 16, 2011 7:17am Jun 16, 2011 7:17am
Quoting jmw1970
hi P.Dean

yes it's a bit confusing, I am thinking of making a mod

the step you marked at the time of the screen print was not actually the previous step, it was the step before

the step which is marked as down simply cannot be seen because the step value is too small from bar 1 to 0

if you look at the data manager window the actual values can be seen

will think of a solution to this

Regards
John
ok bud thank you..

however before making the post i thought about the value and may not be able to see it but on other hand the PA is moving up and its indication that the value should be up too...
anyhow just wanted to point it out.. thanks for your hard work its much appreciated.
  • #909
  • Jun 16, 2011 7:25am Jun 16, 2011 7:25am
Screenshots of my MOM trade +22 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: trade 4.gif Size: 20 KB


Attached Image (click to enlarge)
Click to Enlarge Name: trade 4..gif Size: 22 KB
  • #910
  • Jun 16, 2011 7:29am Jun 16, 2011 7:29am
Quoting simpleguy
Kevin if you will allow me a moment. None of this is trying to be negative just concerns/questions about the system and how things are done.

I stumbled upon this thread by accident, I actually clicked on the wrong link while it was on the first page. I've been looking at it cause something about this had me interested.

First love the mom trades.

1. Yes, in a trending environment a stoch can and will stay in an overbought or oversold level for a VERY long time. If you actually see the 5 min stoch much of the time when it hits the far...
News trading is the single key driver of the market.Without it there would be no market movement at all.There is always someone speculating or reacting to some news event.

Interest rate decisions are the number one news event in the market today.Governments move large pools of money to the country that can provide the best rate of return and the FOMC minutes anouncement is the best event to follow.Non farm and employment are mid level drivers.

We do not concern ourselves with these anouncements because we are not spike traders.In fact we encourage those large spikes here because they are either the push to put us at the top or part of the pull back to TMA entry.

Money management is your concern.I am not a accountant and do not know your balance,broker or personal financial goals.My role is to put you on better trade setups faster.You determine your risk and reward.

As long as all the signals match and are valid we will take positiions.We look to the 240 for confirmation which is the major trend.

I can deal with any and all situations that arise on this forum.I am aware that 97% of traders on this forum are good and genuinely want to learn.I am also aware that there are alot of traders with thousands of posts who still have a day job and have failed to learn anything of use and are interested in their own prestige and not in the assistance of other traders success.

The other 3% are like computer viruses.They cruise from thread to thread with the same concerns?Does it repaint?What kind of money do you make?Why this and why that? Every indicator of any use in metatrader repaints for the simple reason that they report things as they are now.

They are the type that has not realized that fact and are still trying to find that one stand alone indicator.It does not exist...to get around this problem we use a combination of indicators in a "system".

I am not offended by your questions as I can tell that they are real concerns and not the one sided questions of a angry person stating an angry point in the form or a question....do you understand what I am saying by that statement?

I wish success to the community and more profit to everyone.
  • #911
  • Jun 16, 2011 7:31am Jun 16, 2011 7:31am
So exit was at the bottom of the TMA.

I was answering another question while this was happening.
Attached Image (click to enlarge)
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  • #912
  • Jun 16, 2011 7:33am Jun 16, 2011 7:33am
240 up now so we will take lower tma buys now until it changes again.
  • #913
  • Jun 16, 2011 7:36am Jun 16, 2011 7:36am
Quoting olivierforex
Hi Pedross,
When you say that you had 'green stoch' at the time during your Long GBP trade, do you mean green 4H or green 1H Stoch please (then I'll try to reply in more details)?
Both stochs were green-up

Pete
  • #914
  • Jun 16, 2011 7:36am Jun 16, 2011 7:36am
one possible solution would be to have a vertical line in the indicator panel only (so it doesnt mess up the actual price action chart) on each new mtf period - then it would be easy to see when one mtf stoch bar ends and a new one starts when there is next to no difference in the value (as is usually the case in the first few 5min bars after the mtf change).

if I can't think of a better solution by the end of the day, I will add this as an option with the ability to switch it off if no-one wants it.

of course if anybody has any better solutions to this problem I would appreciate the help.

Regards, John


Quoting P.Dean
ok bud thank you..

however before making the post i thought about the value and may not be able to see it but on other hand the PA is moving up and its indication that the value should be up too...
anyhow just wanted to point it out.. thanks for your hard work its much appreciated.
  • #915
  • Jun 16, 2011 7:38am Jun 16, 2011 7:38am
Okay, a quick one for clarity if you don't mind.

What my concern about news trading is this. If at 8:25 a signal hit, you would take it not knowing the results in 5-10 minutes? I agree that news will move the market to points that make for some awesome trades getting momentum moving in a direction.

Thanks for your answer and clarity on this one. I will move back to my own personal cubby hole and continue my trading and reading your thread.

Simple
A woman drove me to drink, and I forgot to thank her
  • #916
  • Jun 16, 2011 7:51am Jun 16, 2011 7:51am
Thanks Kevin for the live trade. Good timing to get out just before the news spike, went straight up to 114.10. So the MOM trades you get out at 20 pips too, I thought we were looking for around the 50 to 60 pips with week 2.

I understand you can't backtest this system as the indicators are dynamic and therefore most trades are winners after the event when you scroll back through the charts, that's what I was finding confusing as most of the example charts were 30 minutes after the trade so they were all winning.

I'm glad you did a live trade, unfortunatley you were posting at the time so you couldn't tell us your exit. I will continue learning as more live screen shot trades get posted at the time of entry. It helps alot.

Good luck with your trades.
  • #917
  • Jun 16, 2011 7:52am Jun 16, 2011 7:52am
If you mean 8:25 on the first friday of the month and nonfarm is to be released at 8:30.Yes I would take the trade.

During the evening hours I have gotten the large spike from the audusd emplyment release trading the system.

Last month I got one for 90 pips in the evening trading audusd.This month last week I have the trade live on this thread somewhere.

So yes I am aware of the news events (major and medium) but I do not let them dictate my trading as the system will keep me on the right side of the news spike.
  • #918
  • Jun 16, 2011 7:55am Jun 16, 2011 7:55am
Kevin,

Great system, thanks for kind sharing here.

I'm testing stoch with M30 compare to H1.
Seem more trade if we use M30 stoch right?

M30 will give us more scalping trade.
  • #919
  • Jun 16, 2011 8:00am Jun 16, 2011 8:00am
Quoting ciscosmithy
Thanks Kevin for the live trade. Good timing to get out just before the news spike, went straight up to 114.10. So the MOM trades you get out at 20 pips too, I thought we were looking for around the 50 to 60 pips with week 2.

I understand you can't backtest this system as the indicators are dynamic and therefore most trades are winners after the event when you scroll back through the charts, that's what I was finding confusing as most of the example charts were 30 minutes after the trade so they were all winning.

I'm glad you did a live trade,...
Listen smithy

I understand what you are trying to imply by saying "I thought that the news trade would yield us all 50 pips".

You got 20 alright.....do not get me started.

I am up 175 pips today.I would be up more if I did not have to be tested on my ability.

Even if we would have lost 40 we still would be in positive territory and looking for more as the day is not done.

For those who are very critical..... maybe this trading is not for you and if you need 50 pips every trade you can find it elsewhere.

For those of you trying to rebound your acount or just learning.........I am here for you and take the money to the bank.....Keep moving and begin to antiicipate these trade setups..
  • #920
  • Jun 16, 2011 8:04am Jun 16, 2011 8:04am
Quoting jmw1970
one possible solution would be to have a vertical line in the indicator panel only (so it doesnt mess up the actual price action chart) on each new mtf period - then it would be easy to see when one mtf stoch bar ends and a new one starts when there is next to no difference in the value (as is usually the case in the first few 5min bars after the mtf change).

if I can't think of a better solution by the end of the day, I will add this as an option with the ability to switch it off if no-one wants it.

of course if anybody has any better solutions...
Why not put a dot for each candle like the attached? Then you can clearly see what color the MTF stoch is currently and what it was in the past for each candle.
Attached Image (click to enlarge)
Click to Enlarge Name: kev-eurusd2.gif Size: 26 KB
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