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Nb 10.0 counter trading system

  • #1
  • First Post: Edited Oct 4, 2011 4:03am Aug 7, 2011 12:16pm | Edited Oct 4, 2011 4:03am
Please go to for downloading the 10.0 system:

http://www.forexfactory.com/showthread.php?t=308304

In this thread we will concentrate on counter trading and recovery trades. I will be live trading on this thread also.

If you only want to counter trade or recovery trade everything you need is in the folder below you dont need to go to the trend section. Instead of a booklet I have explained the system on pages 2 and 3.

SEPT. 25, 2011 I am going to be back on my favorite turf. 4H chart. Here is where I will spend most of my time and the range thread. The bottom line is, THE MARKET RANGES 70-80% of the time so here is where the money is made. 10.0 is showing me I can now survive any kind of large trend move and I am going to prove that here. Since several trades from the range thread are in DD I will use them as examples of how to counter trade them back into the trend. To do that you will need the EAs I have posted in the folder here pg. 1 post 1. The new 4H EAs are not meant to replace the ones in the 10.0 trend thread but in reality for me that is what they will do. I have mixed 10.0 with my high/low system and CTR EA to come up with a real dynamic EA on the 4H chart. With this EA system along with the trend EAs and the Range EAs, this will complete the 10.0 trading system. You now have the complete trading system I have always envisioned I wanted when I started my trading trek almost 5 years ago. Read the 10.0 daily chart and then trade with the EAs that fit the read. So for all you countertraders that loved my 4H systems in the past. I am back where I belong. Doesnt mean I will not use the others just means I am back where I love to be. So starting on page 2 post 25 and following will be my live trades using the 4H countertrades I love to do. I will also bring my range trades here that need counter trading.
I changed the EAs from the originals. The explanation of when to turn them on stays the same but how they work is different. So starting on P7 post 105 I will begin explaining how the new EAs work but the rules found on page 1 and 2 remain the same as to when to turn them on.
Attached File(s)
File Type: zip 10.0 4H HIGH LOW W 6THS.zip   169 KB | 2,178 downloads | Uploaded Oct 4, 2011 3:47am
  • #2
  • Aug 7, 2011 12:28pm Aug 7, 2011 12:28pm
For Monday I will use the 4H CTR both on the following pairs:

aud/nzd
cad/jpy
eur/gbp
eur/jpy
eur/usd
gbp/usd
usd/chf

We will see how it goes.
  • #3
  • Aug 7, 2011 7:21pm Aug 7, 2011 7:21pm
Many thanks BOB. Very exciting times ahead. Thanks once again.
Kind regards
  • #4
  • Aug 8, 2011 12:11am Aug 8, 2011 12:11am
Thank you Bob for your work.

So after i read all the documents i understand the rules in its simplest form is:

As long as Price Action IS touching the lines or IS inside between the lines, we trade toward to the red line.
  • #5
  • Aug 8, 2011 3:04am Aug 8, 2011 3:04am
thanks bob..

gonna test drive this new EA

keep up the good work..you always amazes me
  • #6
  • Aug 8, 2011 4:02am Aug 8, 2011 4:02am
there's maybe an error in the 4hr ctr ea: u talk about 3MA MEDIAN lwma shifted 1, but in the code there's a 3MA lwma PRICE_OPEN shifted 1!

double Var1 = iBands(NULL, PERIOD_H4, 20, 1, 0, PRICE_CLOSE, MODE_UPPER, Current + 0);//PAIR, PERIODH1, MA period, Deviation, shift
double Var2 = iBands(NULL, PERIOD_H4, 20, 2, 0, PRICE_CLOSE, MODE_UPPER, Current + 0);
double Var3 = iBands(NULL, PERIOD_H4, 20, 1, 0, PRICE_CLOSE, MODE_LOWER, Current + 0);
double Var4 = iBands(NULL, PERIOD_H4, 20, 2, 0, PRICE_CLOSE, MODE_LOWER, Current + 0);
double Var5 = iMA(NULL, PERIOD_H4, 3, 1, MODE_LWMA, PRICE_OPEN, Current + 0);
  • #7
  • Aug 8, 2011 4:54am Aug 8, 2011 4:54am
Quoting The flame
there's maybe an error in the 4hr ctr ea: u talk about 3MA MEDIAN lwma shifted 1, but in the code there's a 3MA lwma PRICE_OPEN shifted 1!

double Var1 = iBands(NULL, PERIOD_H4, 20, 1, 0, PRICE_CLOSE, MODE_UPPER, Current + 0);//PAIR, PERIODH1, MA period, Deviation, shift
double Var2 = iBands(NULL, PERIOD_H4, 20, 2, 0, PRICE_CLOSE, MODE_UPPER, Current + 0);
double Var3 = iBands(NULL, PERIOD_H4, 20, 1, 0, PRICE_CLOSE, MODE_LOWER, Current + 0);
double Var4 = iBands(NULL, PERIOD_H4, 20, 2, 0, PRICE_CLOSE, MODE_LOWER, Current + 0);
double Var5 = iMA(NULL,...
Good catch let me double check and make sure but I believe the EA is correct and the manual is not.
  • #8
  • Aug 8, 2011 4:55am Aug 8, 2011 4:55am
Quoting Mediator
Thank you Bob for your work.

So after i read all the documents i understand the rules in its simplest form is:

As long as Price Action IS touching the lines or IS inside between the lines, we trade toward to the red line.
Yes that is correct. You have a bigger chance of price retreating than it continuing without some kind of retracement or change of direction. But if you enter on a high point the DD is less.
  • #9
  • Aug 8, 2011 5:31am Aug 8, 2011 5:31am
let me now cuz' im editing phover ea to trade this new system!
then i'm reparing some little treats that i hope u'll love! such as a mtf template to check everything from the same chart etc...
  • #10
  • Aug 8, 2011 5:59am Aug 8, 2011 5:59am
Quoting The flame
there's maybe an error in the 4hr ctr ea: u talk about 3MA MEDIAN lwma shifted 1, but in the code there's a 3MA lwma PRICE_OPEN shifted 1!

double Var1 = iBands(NULL, PERIOD_H4, 20, 1, 0, PRICE_CLOSE, MODE_UPPER, Current + 0);//PAIR, PERIODH1, MA period, Deviation, shift
double Var2 = iBands(NULL, PERIOD_H4, 20, 2, 0, PRICE_CLOSE, MODE_UPPER, Current + 0);
double Var3 = iBands(NULL, PERIOD_H4, 20, 1, 0, PRICE_CLOSE, MODE_LOWER, Current + 0);
double Var4 = iBands(NULL, PERIOD_H4, 20, 2, 0, PRICE_CLOSE, MODE_LOWER, Current + 0);
double Var5 = iMA(NULL,...
Yes the EA is correct and the manual is not. It should be open and not median with the 4H EA. I test the median but the open gave the best entrance.
  • #11
  • Aug 8, 2011 6:20am Aug 8, 2011 6:20am
Be careful when you turn your EAs on I had a bad entrance today because I was way past the entrance spot but the EA conditions were still active. I may have to put another piece of code in there to make sure we dont get a top of band entrance. I showed the two places I could have had trades but because I turned the EA on too late it was not so hot, in fact it was lousy. So here is a pic of the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: usd chf2.gif Size: 37 KB
  • #12
  • Edited 7:32am Aug 8, 2011 7:03am | Edited 7:32am
here's some stuff:
-a template
-the indicators,
put everything in the right place and tell me what u think guys!

no need to switch to D1 to check the candles!
switch to h1: has it's own setting...

watch out for period separator indi: it uses a LOT of ram...need to find something better..... (i do have a amd phenom x4 965 wi 8gb DDR, but it slows down anyway with 31 graphs opened...)
Attached File(s)
File Type: rar 10.0 BOB stuff.rar   61 KB | 778 downloads
  • #13
  • Aug 8, 2011 10:00am Aug 8, 2011 10:00am
I upgraded the 4H EAs. Go to the 10.0 trend page to get the upgrade and why I did it.
  • #14
  • Aug 8, 2011 10:04am Aug 8, 2011 10:04am
Quoting The flame
here's some stuff:
-a template
-the indicators,
put everything in the right place and tell me what u think guys!

no need to switch to D1 to check the candles!
switch to h1: has it's own setting...

watch out for period separator indi: it uses a LOT of ram...need to find something better..... (i do have a amd phenom x4 965 wi 8gb DDR, but it slows down anyway with 31 graphs opened...)
What is this? It doesnt open as a file. Can you put it into a different kind of zip file?
  • #15
  • Aug 8, 2011 12:43pm Aug 8, 2011 12:43pm
will do it...it's a rar...same as zip...no problem i'll create a zip..
  • #16
  • Aug 8, 2011 4:25pm Aug 8, 2011 4:25pm
Quoting The flame
will do it...it's a rar...same as zip...no problem i'll create a zip..
zipped
Attached File(s)
File Type: zip 10.0 BOB stuff.zip   74 KB | 695 downloads
  • #17
  • Aug 10, 2011 7:54am Aug 10, 2011 7:54am
Quoting astral77
zipped
Thanks I will take a look at them. Some look interesting.
  • #18
  • Aug 13, 2011 12:18am Aug 13, 2011 12:18am
I have been having an issue with 1H CTR Both EA, not taking entries. Just checking to see if anyone else has had an issue. The only setting I have selected is the take profit from false to true, leaving the 60 pip setting. Below is a chart of the EUR/GBP and looks like definite entry points on 8/9-11 which should have taken, but just not entering. Seems to be only this EA as Daily Recovery and Re-entry seem to be entering fine.

Thanks - George
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp 1h.gif Size: 28 KB
  • #19
  • Aug 13, 2011 4:47am Aug 13, 2011 4:47am
Quoting nanningbob
Thanks I will take a look at them. Some look interesting.

on monday i think it'll be ready the new zip with phover dashboard...
the template is a little different beacause i found a better indicator to separate every day on 4hr and 1hr, this is too ram demanding!!
  • #20
  • Aug 13, 2011 7:27am Aug 13, 2011 7:27am
Quoting George Adams
I have been having an issue with 1H CTR Both EA, not taking entries. Just checking to see if anyone else has had an issue. The only setting I have selected is the take profit from false to true, leaving the 60 pip setting. Below is a chart of the EUR/GBP and looks like definite entry points on 8/9-11 which should have taken, but just not entering. Seems to be only this EA as Daily Recovery and Re-entry seem to be entering fine.

Thanks - George
Sounds like you are using an ecn broker like myself. Try setting TP to false and see if it trades. If it does, you will then need to use the mptm ea to set your TP
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