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Nb 1.0 trend trade system

  • #1,341
  • Jul 26, 2011 1:54am Jul 26, 2011 1:54am
Dear NanBob,first of all I want to thank you for your precious time and thoughts for generating a strategy and sharing with us on this site...

I want to clear and summarize some topics, if you find me wrong on some places please correct..

1) I need to check the trend by using daily chart with base 10.0 template and look for UT ,DT or CTR
2) I change my chart to 1H for UT ,DT conditions and use 10.0 DAILY BUY EA (for UT) and 10.0 DAILY SELL EA (for DT) on this 1H chart (not the daily chart)
3) If the condition is CTR; I change my chart to 4H thus 10.0 NB CTR BUY and 10.0 NB CTR SELL designed for 4H and attach the suitable 10.0 NB CTR EA to the this 4H chart.(not the daily chart)

Is all ok ?

thanks again...
  • #1,342
  • Jul 26, 2011 6:07am Jul 26, 2011 6:07am
Quoting zunkco
Dear NanBob,first of all I want to thank you for your precious time and thoughts for generating a strategy and sharing with us on this site...

I want to clear and summarize some topics, if you find me wrong on some places please correct..

1) I need to check the trend by using daily chart with base 10.0 template and look for UT ,DT or CTR
2) I change my chart to 1H for UT ,DT conditions and use 10.0 DAILY BUY EA (for UT) and 10.0 DAILY SELL EA (for DT) on this 1H chart (not the daily chart)
3) If the condition is CTR; I change my chart to...
Yes that is how I set up the demo but I am probably going to change the CTR to a 1H also. It is just working better there than the 4H for now. However, this has just been a short period of testing time I cant make a definite answer yet. I also keep my chart most of the time on the Daily since the EAs will work the 1H chart. It is easy to miss an in day read of the daily if you keep focused on a lower chart.
  • #1,343
  • Jul 26, 2011 6:32am Jul 26, 2011 6:32am
Why do you need to look daily chart once you get the condition (UT,DT,CTR) at midnight (close of the daily bar) ?
  • #1,344
  • Jul 26, 2011 6:53am Jul 26, 2011 6:53am
Quoting nanningbob
Yes that is how I set up the demo but I am probably going to change the CTR to a 1H also. It is just working better there than the 4H for now. However, this has just been a short period of testing time I cant make a definite answer yet. I also keep my chart most of the time on the Daily since the EAs will work the 1H chart. It is easy to miss an in day read of the daily if you keep focused on a lower chart.

Thanks bob for this wonderful framework, I was looking around the thread but could not locate the CTR EAs. Can you advise.
Don't stop believing
  • #1,345
  • Jul 26, 2011 7:31am Jul 26, 2011 7:31am
Here is where they are
http://www.forexfactory.com/showthre...42#post4789542
  • #1,346
  • Jul 26, 2011 8:50am Jul 26, 2011 8:50am
Quoting yourchef51
Here is where they are
http://www.forexfactory.com/showthre...42#post4789542

thanks chef51 very much
Don't stop believing
  • #1,347
  • Jul 26, 2011 9:43am Jul 26, 2011 9:43am
Quoting zunkco
Why do you need to look daily chart once you get the condition (UT,DT,CTR) at midnight (close of the daily bar) ?
I am finding it easier to keep my read, but that is a personal preference. I missed some changes because I wasnt watching.
  • #1,348
  • Jul 26, 2011 9:58am Jul 26, 2011 9:58am
i've been a very naughty boy and used the system on my $1M demo account trading 1.0 lots. Attached are the results.

As you can see, the system does have legs (in a ranging market ofcourse).

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: BOB.jpg Size: 209 KB
  • #1,349
  • Aug 3, 2011 1:00pm Aug 3, 2011 1:00pm
Still trading... making money... thanks bob.
  • #1,350
  • Aug 3, 2011 6:22pm Aug 3, 2011 6:22pm
I think I have 10.0 trending ready to go and will have it posted this weekend. Looks good.
  • #1,351
  • Aug 3, 2011 8:05pm Aug 3, 2011 8:05pm
Quoting nanningbob
I think I have 10.0 trending ready to go and will have it posted this weekend. Looks good.
Awesome news can't wait to see it in action. However I am still raking in pips with the current system as you have put it forward.
  • #1,352
  • Aug 4, 2011 12:26am Aug 4, 2011 12:26am
Quoting nanningbob
I think I have 10.0 trending ready to go and will have it posted this weekend. Looks good.
A big thanks Bob, the V10 framework you have already given is amazing! Better be careful about how well you teach us all to fish - we don't want to endanger any species

GG
  • #1,353
  • Aug 4, 2011 12:34am Aug 4, 2011 12:34am
I am waiting, rubbing my hands together in anticipation of something great !
Thank you from the bottom of my heart for sharing your Ideas with us.
  • #1,354
  • Aug 7, 2011 7:19pm Aug 7, 2011 7:19pm
for Bobs new threads system 10.0 please go to:
for counter tradaing
http://www.forexfactory.com/showthread.php?t=308311
for range trading
http://www.forexfactory.com/showthread.php?t=308310
for trend trading
http://www.forexfactory.com/showthread.php?t=308304

Kind Regards
  • #1,355
  • Aug 29, 2011 4:56am Aug 29, 2011 4:56am
Quoting zunkco
Dear NanBob,first of all I want to thank you for your precious time and thoughts for generating a strategy and sharing with us on this site...

I want to clear and summarize some topics, if you find me wrong on some places please correct..

1) I need to check the trend by using daily chart with base 10.0 template and look for UT ,DT or CTR
2) I change my chart to 1H for UT ,DT conditions and use 10.0 DAILY BUY EA (for UT) and 10.0 DAILY SELL EA (for DT) on this 1H chart (not the daily chart)
3) If the condition is CTR; I change my chart...
Thanks for the short explaining. It looked too complicated to me and i was lazy to read the whole maual .
This V1 helped me alot to learn about FX. V10 is a little strange for me yet. I hope i can get used to it .
Thanks Bob for these great works
  • #1,356
  • Oct 21, 2011 11:54pm Oct 21, 2011 11:54pm
HEY BOBBY. When can we expect that "Recovery" Booklet of yours to hit the shelves?

Do you plan on selling it and becoming a commercial member? Well I will be watching closely. Please feel free to send me a copy so I can critique for you.
Or if you need some help in editing it.

Bluesteele
Master your Mind,,,Master the Market
  • #1,357
  • Oct 22, 2011 12:12am Oct 22, 2011 12:12am
Quoting zunkco
Dear NanBob,first of all I want to thank you for your precious time and thoughts for generating a strategy and sharing with us on this site...

I want to clear and summarize some topics, if you find me wrong on some places please correct..

1) I need to check the trend by using daily chart with base 10.0 template and look for UT ,DT or CTR
2) I change my chart to 1H for UT ,DT conditions and use 10.0 DAILY BUY EA (for UT) and 10.0 DAILY SELL EA (for DT) on this 1H chart (not the daily chart)
3) If the condition is CTR; I change my chart to...
You dont have to go to the daily chart for the daily buy or sell. They take their trades off of those lines on the daily chart. You can us the 1H CTR on the 1H chart to reenter the trend. I mainly use 1H CTR in my range trading and 4H CTR in counter and range trading but both were designed to reenter the trend. What I like though about the S/R is you can get in without waiting for a major retrace. I will try to talk more about that later. Again the OI, IO EAs are used from reads on the Daily chart. The IO EA was broken up into a Daily BUy and a Daily SELL EA. In other words they are the same as the IO EA but will only do a buy or sell. The IO EA will do both buy or sell depending on which direction price action goes.
  • #1,358
  • Oct 22, 2011 12:20am Oct 22, 2011 12:20am
Quoting nanningbob
You dont have to go to the daily chart for the daily buy or sell. They take their trades off of those lines on the daily chart. You can us the 1H CTR on the 1H chart to reenter the trend. I mainly use 1H CTR in my range trading and 4H CTR in counter and range trading but both were designed to reenter the trend. What I like though about the S/R is you can get in without waiting for a major retrace. I will try to talk more about that later. Again the OI, IO EAs are used from reads on the Daily chart. The IO EA was broken up into a Daily BUy and a...


HUH...

Whatcha smokin Bobbsy? Do you want to translate that. Sounds like chinese to me?

Wheres the recovery booklet? Hows the challenge going?

How's life in China? Everything OK over there. I see you had a problem the other day.

Maybe we can get together when I am over in Nanning for business ?

I could walk you thru a beagle trading session. Whatcha think?
Master your Mind,,,Master the Market
  • #1,359
  • Oct 22, 2011 12:21am Oct 22, 2011 12:21am
Hello bob. Hope all is well. You're coming out with a book?
  • #1,360
  • Oct 22, 2011 12:38am Oct 22, 2011 12:38am
Quoting 2+2=4ex
Hello bob. Hope all is well. You're coming out with a book?
I wouldnt say a book just going to compile my recovery system into one source, right now it is scattered throughout my threads but needs to be in one spot so people can get a comprehensive view of the entire system and how it works.
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