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Kevinator 5m retracement-Live trading

  • #1,201
  • Jun 18, 2011 4:29am Jun 18, 2011 4:29am
Actually the MOM trade is off the 240 only.If you get the 60 and the 240 match you will get a big move.But I just trade the 240 and disregard the 60.

60 is for short term scalp trades taken off the rf finder.The bulk of your daily money is MOM and the rest is extra money from the 60.
  • #1,202
  • Jun 18, 2011 4:34am Jun 18, 2011 4:34am
Thankyou for clearing that up kevin.

Roll on Monday
  • #1,203
  • Jun 18, 2011 4:35am Jun 18, 2011 4:35am
thanks for zip - TMA with distances wouldn't compile proerly for me. It was showing some errors
  • #1,204
  • Jun 18, 2011 4:38am Jun 18, 2011 4:38am
Excellent,

Trade the 240 MOM from 12amest to 4pm est.I recommend the sixty the same hours but...You can trade it all day if you trade the right pairs.


Well what are the right pairs? During the 240 hours trade majors and eurjjpy..no usdjpy it is like watching molasses drip out of a jar.

60m pairs are audusd and eurjpy for now other pairs when you get acclimated.
  • #1,205
  • Jun 18, 2011 4:47am Jun 18, 2011 4:47am
Quoting handy148
thanks for zip - TMA with distances wouldn't compile proerly for me. It was showing some errors
I have to get with john for the official updates and will post them on the first page later.

That is what is on my desktop as of now.If you really want the indicator just search for it on the top of the page for the original dwnload post.
  • #1,206
  • Jun 18, 2011 4:48am Jun 18, 2011 4:48am
Thats it I am going to sleep see you on monday.
  • #1,207
  • Jun 18, 2011 4:50am Jun 18, 2011 4:50am
Hi Again

I uploaded your update.

I have 2 quistions about it, hope you can help

I see that now you use TMA at 50.
some post back you said that 45 could be used?

So do you now recommend us to use 50.?


And I also see that you have TMA called up on chart.

As I recall what John say about that.
It was an indikator we just have in indikator folder but not on charts.

Sorry for being a pain in ass, but I just want clear this up so I am on the same page as you

Peter
  • #1,208
  • Jun 18, 2011 5:28am Jun 18, 2011 5:28am
Kevin, what about this "simple and stupid" chart, based only on 240stoch?
Can it be real trades or it just "history painted"?
Attached Image (click to enlarge)
Click to Enlarge Name: 1111111111.jpg Size: 83 KB
  • #1,209
  • Jun 18, 2011 5:40am Jun 18, 2011 5:40am
Quoting Android38
I'm doing back test on EURUSD for this system.

Blue vertical line is MOM trade
Red vertical line is scalper trade

1 lose out of 15 trade = 93% of profitable % with 7% drawdown

Total 405 pips green pips on 1.5 days times

Wow!!! Amazing right?

So far the most profitable and consistent manual system in FF trade so far

Try out your own back test on difference pair.

Need Kevin's comment on red and blue line that i draw..is it follow the correct rules?

Attachment

you might be fairly early in on your journey but you will realise that backtesting visually is a complete waste of time.

stuff repaints and your eye will not tell you what actually happened by looking at the past.

the biggest error is your calculation of pips. you have calculated pips on offer. not what you would have made.

what exit method would you have employed? without any errors you would be lucky to have gained half of that, if you put in the human error with manual trading on top you are looking at a quarter.

trade it in demo for 3 months then post back and see if you got your 405 pips.

unfortunately the picture isnt as rosy as one thought with this utter mindfuck of an expensive hobby.
  • #1,210
  • Jun 18, 2011 6:10am Jun 18, 2011 6:10am
Quoting kevinator
Here is the update
Does it include the TMA? From some reason I can't see TMA
  • #1,211
  • Jun 18, 2011 6:12am Jun 18, 2011 6:12am
Quoting duffy
Tal1983

You haven't downloaded the TMA that appears in the top window with the prices.



Di
I downloaded it but still it doesn't shows up- I don't know what to do
  • #1,212
  • Jun 18, 2011 6:26am Jun 18, 2011 6:26am
Hi

I think we use the indocator called TMA with distance

And this is in the update

Peter
  • #1,213
  • Edited 8:34am Jun 18, 2011 6:37am | Edited 8:34am
Hi Tal1983

unfortunately I cannot help you unless you provide detailed information as to what is happening.

I am not sure of your level of technical expertise with Metatrader, so it is not so easy.

If an indicator (and this is any indicator) does not load there are 2 tabs in the Terminal section of metatrader that can help you,

one is titled "Experts" the other "Journal", you should look at these tabs and when specifying a problem list any messages that are associated with the indicator you are trying to load.

Alternatively we could use the chat facility at http://chat.efnet.org:9090/ (enter a user name, specify #Kevinator as the channel) and I could walk you through it.

IMPORTANT:- The above chat is only for technical problems with indicators and difficulties in getting the charts correctly setup. NOT the actual method.

Then the thread wont get cluttered with inane technical queries.

Regards
John


Quoting Tal1983
I downloaded it but still it doesn't shows up- I don't know what to do
  • #1,214
  • Jun 18, 2011 7:19am Jun 18, 2011 7:19am
Hi All

below is a transcript of a chat I just had with another member who was experiencing problems using the templates, in a few minutes he had a working template - you can follow along if you are having problems

[13:44] <@jmw1970> get a clean 5m chart
[13:44] <@jmw1970> press CTRL G to remove the grid
[13:44] <winwinlos> ok done
[13:45] <@jmw1970> zoom in until you get a nice candle size that you want to work with
[13:45] <winwinlos> ok :-) done
[13:45] <@jmw1970> open the navigator panel
[13:45] <@jmw1970> and change to custom indis
[13:46] <@jmw1970> will add the TMA first, either choose TMA or TMA with distances and drag it onto the chart
[13:47] <@jmw1970> let me know when done
[13:48] <@jmw1970> you still there???
[13:49] <winwinlos> yes
[13:50] <winwinlos> manually i have it
[13:50] <@jmw1970> what is taking so long, this is a 1m job
[13:50] <winwinlos> kevinator .tpl has specific set of tma and so on. so i just control with my manuall setting
[13:51] <winwinlos> kevinator 3.tpl is not working properly
[13:51] <@jmw1970> settings can be 56,50 or 45 - it depends on your risk appettite
[13:51] <winwinlos> ok i like 56
[13:51] <winwinlos> 45 is very agressive
[13:51] <winwinlos> :-)
[13:51] <@jmw1970> so now you have TMA with 56
[13:51] <winwinlos> yes
[13:52] <@jmw1970> ok find the Retracement Finder indicator and drag that onto the chart
[13:52] <@jmw1970> let me know when done
[13:52] <winwinlos> done
[13:53] <winwinlos> cci set to 8
[13:53] <@jmw1970> good, now drag the !Kevinator indi onto the chart
[13:53] <@jmw1970> you do not need to change any settings if using TMA 56
[13:53] <winwinlos> ok done
[13:53] <winwinlos> nice :-)
[13:54] <@jmw1970> are you using the MT Trendline, if so drag that onto the chart
[13:54] <winwinlos> ok
[13:54] <winwinlos> yes i use
[13:54] <@jmw1970> when all is done you should have a completed chart,
[13:54] <@jmw1970> now go to Charts | Templates
[13:55] <@jmw1970> Choose save and give it a name
[13:55] <@jmw1970> then you have your own template
[13:55] <winwinlos> ok i will save it as .tpl
[13:55] <winwinlos> ok done
[13:55] <winwinlos> sometimes i have very load cpu
[13:55] <@jmw1970> now open a new chart, switch to 5m and add the template you created
[13:55] <@jmw1970> new chart should come up correctly
[13:55] <winwinlos> ok done
[13:55] <winwinlos> thank you

Regards, John
  • #1,215
  • Jun 18, 2011 7:39am Jun 18, 2011 7:39am
Thanks very good explanation.


Can I ask you in Kevinator V1 indikator
we can adjust TMA according to what we use
45/50/56

But how do it influense on the kevinatorv1 indikator.?



thanks

Peter
  • #1,216
  • Jun 18, 2011 8:05am Jun 18, 2011 8:05am
Hi Fratelli

in the settings of the Kevinator indicator is a parameter

xi_TMA

you set this to be the same period as your TMA, default is 56, but if you change your TMA on screen you must change it here as well.

Note the same applies to the CCI, there is a parameter xi_CCI which should be at the same settings as your retracement finder.

Regards
John

Quoting fratelli
Thanks very good explanation.


Can I ask you in Kevinator V1 indikator
we can adjust TMA according to what we use
45/50/56

But how do it influense on the kevinatorv1 indikator.?



thanks

Peter
  • #1,217
  • Jun 18, 2011 9:05am Jun 18, 2011 9:05am
Quoting stimpy
you might be fairly early in on your journey but you will realise that backtesting visually is a complete waste of time.

stuff repaints and your eye will not tell you what actually happened by looking at the past.

the biggest error is your calculation of pips. you have calculated pips on offer. not what you would have made.

what exit method would you have employed? without any errors you would be lucky to have gained half of that, if you put in the human error with manual trading on top you are looking at a quarter.

trade it in demo for 3 months...
The indicator are repaint but if you really understand what is the reason made it repaint and how you deal with it.

This system is not using just one indicator to confirm trade, repaint indicator need other lagging indi to confirm before trade.

Yes the back test shown 405pips is just based on visualization but in real life if we can get 100pips per day isn't that great?

I'm not selling this system here...no need 3mths backtest and report it back to you...

The system is here...if you like it just take it, if the repaint indi not suit you just leave it and search for better system that suit you more.
  • #1,218
  • Jun 18, 2011 9:20am Jun 18, 2011 9:20am
Even though the TMA or stoch might repaint from time to time, it is not too much to offset a trade. From my experience with dealing with the system I have noticed that most of the trades you posted will be very very good trades in real time. So I think the 405 pips are very possible to make, you gonna need to be there to watch.... may be.



Quoting Android38
The indicator are repaint but if you really understand what is the reason made it repaint and how you deal with it.

This system is not using just one indicator to confirm trade, repaint indicator need other lagging indi to confirm before trade.

Yes the back test shown 405pips is just based on visualization but in real life if we can get 100pips per day isn't that great?

I'm not selling this system here...no need 3mths backtest and report it back to you...

The system is here...if you like it just take it, if the repaint indi not suit you...
  • #1,219
  • Jun 18, 2011 10:13am Jun 18, 2011 10:13am
Quoting Tal1983
Thank you! finally i have the 1h and the 4h together-is something missing or it's o.k?
John please look at post #1140 for print screen I made shows you exactly what i have got from the kevinator1.tpl and what not. You see that TMA is missing (although I have TMA.mq4 in the experts->indicators directory)? P.S: does the system works in news or should we need to trade before/after 1h from the news?
  • #1,220
  • Jun 18, 2011 11:09am Jun 18, 2011 11:09am
yes I can see you have it missing, so add it manually

follow the chat transcript on the previous page

if it doesnt add for whatever reason after following the transcript provide me with the detailed error messages

I have no problem helping you, however if you continue to give me such answers as "it doesn't work" without providing details I am unable to do so

In addition i would suggest that you do this sooner rather than later,

last week i missed a large amount of time which could of been trading dealing with technical issues

There will be updates to the indi's this weekend but next week I will be back concentrating on trading

Regards, John

Quoting Tal1983
John please look at post #1140 for print screen I made shows you exactly what i have got from the kevinator1.tpl and what not. You see that TMA is missing (although I have TMA.mq4 in the experts->indicators directory)? P.S: does the system works in news or should we need to trade before/after 1h from the news?
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