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CHOROS System

  • #5,501
  • Jul 2, 2011 12:32pm Jul 2, 2011 12:32pm
Quoting Survivor
have been struck with trouble in personal life. In time i will go though and answer all questions adressed to me. Pls forgive delay. Hope music is nice for all.
We all have these times. Your priority should be your personal life. I hope all goes well for you and don't forget: No trading if your mind is focused in other things. Market will always be there......
  • #5,502
  • Jul 3, 2011 1:47am Jul 3, 2011 1:47am
I have been looking at this system since 3-4 weeks ago, demoing 2 weeks ago and just this weekend I have been using the simulator.

I must say that the simulator has helped me a lot more than demo and I can't believe I am actually enjoying it.... (I've been strictly system trading for about 5+ years now but this is the first time I really enjoy the actual research and practice, it doesn't feel like grunt work, it's like a video game, I think it will wear off as I get good in it) The only issue with the sim is during weekends I cant play properly due to the widened spread. Small price to pay for something so good btw.
Riding the order flow
  • #5,503
  • Jul 3, 2011 7:05am Jul 3, 2011 7:05am
Quoting Binyamin
I have been looking at this system since 3-4 weeks ago, demoing 2 weeks ago and just this weekend I have been using the simulator.

I must say that the simulator has helped me a lot more than demo and I can't believe I am actually enjoying it.... (I've been strictly system trading for about 5+ years now but this is the first time I really enjoy the actual research and practice, it doesn't feel like grunt work, it's like a video game, I think it will wear off as I get good in it) The only issue with the sim is during weekends I cant play properly...
If you want to change the spread during weekend to a relatively normal fixed value, there is a solution below. You can try the SpreadGenerator_v1.1.mq4 script. http://forum.mql4.com/18459 :

Quote
I have a problem with the tester that I'm hoping someone knows how to fix.
When I run a backtest the symbol properties tab appears to get populated with the current spread data (at the time the test starts). The problem is, if I test on the weekend when the market is closed, then the spread is really high since that's what the market closed at. Right now it's showing GBPUSD spread is 13 pips. During regular trading that number would be around 4 pips.
  • #5,504
  • Jul 3, 2011 9:00am Jul 3, 2011 9:00am
Quoting kk007
If you want to change the spread during weekend to a relatively normal fixed value, there is a solution below. You can try the SpreadGenerator_v1.1.mq4 script. http://forum.mql4.com/18459 :

Cheers now I will never have a boring weekend.
Riding the order flow
  • #5,505
  • Jul 3, 2011 11:06am Jul 3, 2011 11:06am
Given the importance of the spread between the moving averages in Choros, it would be great to have an indicator that tracks the spread between say the 35 sma and the 50 ema. Even better, it might be done on multiple time scales.

I have looked around on other threads, and have been unable to find anything like this.

Suggestions?

Thanks

cmeade2
  • #5,506
  • Jul 3, 2011 11:34pm Jul 3, 2011 11:34pm
Quoting cmeade2
Given the importance of the spread between the moving averages in Choros, it would be great to have an indicator that tracks the spread between say the 35 sma and the 50 ema. Even better, it might be done on multiple time scales.

I have looked around on other threads, and have been unable to find anything like this.

Suggestions?

Thanks

cmeade2
check this out mate...this is what you might be looking for..try it i have'nt

http://trader.online.pl/ELZ/t-i-Movi...Indicator.html
  • #5,507
  • Jul 4, 2011 2:41am Jul 4, 2011 2:41am
Very strange action today due to 4th of July holiday.
I was able to get a quick 21p from GU.
The entry was not a 2-bar retrace but I saw a nice rejection (bounce) from the M15 10 on both M15 and M5 timeframes and I took it (I exited just before news). If I can scalp another 9-10p I will finish early today. I don't want to stay for US session which may get crazy with such a thin market.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.JPG Size: 182 KB
  • #5,508
  • Jul 4, 2011 2:46am Jul 4, 2011 2:46am
Quoting kostas1
Very strange action today due to 4th of July holiday.
I was able to get a quick 21p from GU.
The entry was not a 2-bar retrace but I saw a nice rejection (bounce) from the M15 10 on both M15 and M5 timeframes and I took it (I exited just before news). If I can scalp another 9-10p I will finish early today. I don't want to stay for US session which may get crazy with such a thin market.
Thanks kostas1,

I think I can now think more and more like you, after reading this thread again and again, together with practise again and again!

kk007

P.S. I don't like imitate other, but this seems to be the quickest way for me to proceed.
  • #5,509
  • Edited 3:40am Jul 4, 2011 3:27am | Edited 3:40am
Quoting kk007
Thanks kostas1,

P.S. I don't like imitate other, but this seems to be the quickest way for me to proceed.
"Learning by Imitation in Humans

Humans are genetically predisposed to learn from each other through imitation. This is especially true and even inevitable with babies and small children. In fact, the human brain as well as the brain of primates and birds contains mirror neurons that fire when an animal observes the actions of another animal, especially another animal of the same species.
Neuroscientists speculate that these mirror neurons are important for understanding the actions of other people, and for learning new skills by imitation.
Learning by imitation helps the individual human quickly learn basic skills such as tying their shoe to survival skills such as learning how and what to eat. Furthermore, learning by imitation allows humans to bequeath traditions of culture, music, art, and sport from one generation to another.
Many behavioral scientists have come to see learning by imitation as an important expression of intelligence."
  • #5,510
  • Jul 4, 2011 3:50am Jul 4, 2011 3:50am
Wise word! http://www.escape-city.com/images/smilies/sm_kneel.gif

Quoting kostas1
"Learning by Imitation in Humans

Humans are genetically predisposed to learn from each other through imitation. This is especially true and even inevitable with babies and small children. In fact, the human brain as well as the brain of primates and birds contains mirror neurons that fire when an animal observes the actions of another animal, especially another animal of the same species.
Neuroscientists speculate that these mirror neurons are important for understanding the actions of other people, and for learning new skills...
  • #5,511
  • Jul 4, 2011 3:56am Jul 4, 2011 3:56am
Hi,

In the original dance clay talks about moving the trailing stop to the bottom of the last candle. Im using visual order editor, and when i try to do this it returns to the original stop loss set. Is there a way to change this or a different trailing stop ea?
  • #5,512
  • Jul 4, 2011 6:37am Jul 4, 2011 6:37am
Quoting patiencepays
check this out mate...this is what you might be looking for..try it i have'nt

http://trader.online.pl/ELZ/t-i-Movi...Indicator.html
Thanks, but unfortunately this is in ELA and not MQ4.

Any other suggestions?
  • #5,513
  • Jul 4, 2011 1:32pm Jul 4, 2011 1:32pm
Quoting cmeade2
Thanks, but unfortunately this is in ELA and not MQ4.

Any other suggestions?
This one displays the difference of the price from the MA in pips (you may find useful in touch trades). Maybe you can post it in the "Tech section" and request the help of a coder to make it display the difference between two MAs (unless a good soul from our thread knows how to do this.....)
Attached File(s)
File Type: mq4 MADistance.mq4   5 KB | 463 downloads
  • #5,514
  • Jul 4, 2011 1:58pm Jul 4, 2011 1:58pm
Quoting kostas1
This one displays the difference of the price from the MA in pips (you may find useful in touch trades). Maybe you can post it in the "Tech section" and request the help of a coder to make it display the difference between two MAs (unless a good soul from our thread knows how to do this.....)
Kostas

As usual, thanks so much. I have seen this sort of indicator on FF. As one person pointed out MACD is the difference between two moving averages, but unfortunately you can't change the type of average (sma vs. ema).

Life would be so much simpler if we would focus on our coding abilities rather than trading!

thanks

cmeade2
  • #5,515
  • Jul 4, 2011 11:05pm Jul 4, 2011 11:05pm
Quoting kostas1
This one displays the difference of the price from the MA in pips (you may find useful in touch trades). Maybe you can post it in the "Tech section" and request the help of a coder to make it display the difference between two MAs (unless a good soul from our thread knows how to do this.....)
Kostas,

I added the 35-50MA difference to the indicator, shown as points, so if the broker's data is 4 digits, it would show the pips difference, but would show 10X pips if it's 5 digits.

Please let me know if you need any change.
Attached File(s)
File Type: mq4 MADistance.mq4   5 KB | 418 downloads
  • #5,516
  • Jul 4, 2011 11:06pm Jul 4, 2011 11:06pm
Quoting kevguy
Hi,

In the original dance clay talks about moving the trailing stop to the bottom of the last candle. Im using visual order editor, and when i try to do this it returns to the original stop loss set. Is there a way to change this or a different trailing stop ea?
2 scenarios here.
the most probable one is that you have the visual order editor in another window as well, you move it in one and the other one changes it back.

the other is that you try to move your stop too close to the price and your broker doesnt allow this, but this wouldnt do as you describe above.
  • #5,517
  • Jul 4, 2011 11:28pm Jul 4, 2011 11:28pm
Quoting neomn
Kostas,

I added the 35-50MA difference to the indicator, shown as points, so if the broker's data is 4 digits, it would show the pips difference, but would show 10X pips if it's 5 digits.

Please let me know if you need any change.
Works like a charm!
Good job neomn!

P.S. Congrats for your first vouch.....
  • #5,518
  • Jul 4, 2011 11:47pm Jul 4, 2011 11:47pm
Quoting kostas1
Works like a charm!
Good job neomn!

P.S. Congrats for your first vouch.....
Your vouch is very much appreciated Kostas. I am not good at all at dance, and humbled by your vouch. Wish I have the skills and acumen as you do. I know it take times, so I hope to learn as much from you as I possibly can.

I am not seasoned programmer, but I wish my trading match my coding. If you need anything to be done on the programming side, please don't hesitate to give me a yell.
  • #5,519
  • Jul 5, 2011 12:53am Jul 5, 2011 12:53am
Took this trade before Frankfurt open,
+12 pips... I would like to go south but close after price stalling (Kostas techique!)
Attached Image (click to enlarge)
Click to Enlarge Name: eu_5-7-2011.png Size: 51 KB
  • #5,520
  • Edited 2:05am Jul 5, 2011 1:30am | Edited 2:05am
Quoting makonen
Took this trade before Frankfurt open,
+12 pips... I would like to go south but close after price stalling (Kostas techique!)
Thanks so much for sharing however just to point out. I am guessing that you took the trade based on the touch of the 10EMA M15. However the during the touch of the 10EMA the angle don't seem steep enough for a 10EMA touch trade PLUS it broke the 2 bar rule based on the dance rules..... However you may have taken it as some S and R entry, because a few bars back, there were some wicks that were touching at the level you entered.

PS: I just got started practicing the dance a month + ago this is just my humble opinion and it is open to corrections and approval.
Riding the order flow
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