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Nb 10.0 trend trading system

  • #81
  • Aug 13, 2011 2:51am Aug 13, 2011 2:51am
Quoting lotabulstool
I am looking forward to the dashboard release. Would you be willing to share your settings file for the ea or are you just using default except for 40 tp and trailing stop?

i'll prepare a zip file with:
-template i'm currently using
-indis so u have everything ready
-mlfxnhl manager EA that sends signal to the panel and has hardcoded all the eas to trade
-the panel (if i find the installer because i put it up last year so i've to find the original files!)
-instruction for the signals that are of course different from the original ones of 5.3 system...

i'm not a coder so u'll find inside the ea a LOT of comment and stuff put betwen /* */ and //, i leave them there because they create no problems and are useful for corrections!
  • #82
  • Aug 13, 2011 5:32am Aug 13, 2011 5:32am
Hi Bob. Do you have any suggestions on how to detect a fake out after a previous hi/low is broken?
  • #83
  • Aug 13, 2011 5:43am Aug 13, 2011 5:43am
Quote
just phover's dashboard...it has a lot of features!
Hummm... want to see the next version? hehehe

Hello all,

I'm around since a while now... looking here and there on many FF threads.
So much stuff energy and ideas... I'm impressed!

Without going in details, I took a break on forex things for a while cause of others priorities and obligations (forgive me for that ). So now that things have calmed down a little, I feel the need to get back in Forex stuffs (what do you want... forex is like drug, you always want more ). Here I am!

I really like your work Bob. Good job! I have traded your v5.3 last year with great success (yeah ok, some huge DD sometimes but all manageable). Now, I'm ready for new action! After reading all your v10 threads, I have decided to "start again" my trading with your(s) method(s). I still need to digest V10 first.

I have already started to modify my DashBoard panel to fit v10. Last year, a version 3.0 of my dashboard was ready to be released but I didn't released it at that time. It takes a lot a time to "support" all the demands here hehehe and I was in a situation that needed a lot of time to manage with my business. I'll open a new thread about the dashboard to avoid polution in yours.

Also, just want to say thanks to astral77 and The Flame for the kind words about the dashboard Be prepared for the next round!

TheFlame, if you want, send me the manager you modified, I will adapt and integrate it in the dashboard v3. All together, I think it will be faster to make modifications and add new features in it following Bob strategy. You'll be the first to test out v3. But don't change your plan with posting the v2.3. I can supply you an installer for it.

Ok that's all for now. You can reach me by PM if you want to discuss about the dashboard or if you want to beta test the next version. I'll open a new thread when I'll be ready to post a new version.

Let's just hope that the sky won't fall on my head again...

Cheers,

Mart
  • #84
  • Aug 13, 2011 6:25am Aug 13, 2011 6:25am
ouch!! was about to upload the zip with everything inside!!
here's the manager however (didn't know i couldn't send attacgment with a pm!!)

EDIT: this is everything i was about to post Martin, so u can see the template etc and get an idea....
Attached File(s)
File Type: zip NB10.0 dashboard and eas.zip   823 KB | 1,798 downloads
  • #85
  • Aug 13, 2011 8:19am Aug 13, 2011 8:19am
Quoting Frodog
Hi Bob. Do you have any suggestions on how to detect a fake out after a previous hi/low is broken?
Do you want to be the next millionaire? Actually yes. The RWB or MACD with 2 Sto lines I use gives a good indication when the white line (black line on the white screen) goes to the opposite side but the blue does not. The move is not strong enough to go in that directions and as soon as white goes down/up again you can expect a strong move in that direction back towards the blue line. See the pic below and look at the yellow candle. In other words the blue line will give you an indication of the strength of the move and whether or not it will go strong or weak. The closer together the white and blue move together the stronger the move. The farther apart they travel the weaker the move. So from the daily you may want to drop down to the 4H chart and take a read on the strength of the move or judge it form the Daily. I show two pics of the eur/jpy 4H and Daily and a 4H eur/cad
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eur cad.gif Size: 29 KB
Click to Enlarge Name: eur jpy.gif Size: 33 KB
Click to Enlarge Name: eur jpy daily.gif Size: 33 KB
  • #86
  • Aug 13, 2011 8:25am Aug 13, 2011 8:25am
Welcome back Phover. Enjoy your contributions. If you ever get time is there a way to have a strength meter developed from the distance or angle of the blue and white lines (or Black) in the two STO lines. I would find that to be helpful. We enter a trade and the meter tells us whether the move is strong or not. Maybe let us know how long we should hang in the trade. Dont know what the criteria would be though. Very visual thing.
  • #87
  • Aug 13, 2011 8:28am Aug 13, 2011 8:28am
Quoting The flame
if i see a setup i take my 40 pips and move on...
i took 1 L2 on eurchf because it was time to!
Tell us more about your trades as you get comfortable with the system. I am such a counter trader I see them a lot better than I do trend trades. LOL
  • #88
  • Aug 13, 2011 8:34am Aug 13, 2011 8:34am
Quoting nanningbob
Do you want to be the next millionaire? Actually yes. The RWB or MACD with 2 Sto lines I use gives a good indication when the white line (black line on the white screen) goes to the opposite side but the blue does not. The move is not strong enough to go in that directions and as soon as white goes down/up again you can expect a strong move in that direction back towards the blue line. See the pic below and look at the yellow candle. In other words the blue line will give you an indication of the strength of the move and whether or not it will go...
actually the movement depends on what the price did before that point...
i mean, the method is great and Bob proved it a lot of times, but to know if the blue is going to move or not is just a matter of calculous: it's a stochastics right? so just calculate the hi-lo range so that u know where the price needs to be to move that stoch down or up (a method with stoch(actually a little more complcated but hey, stochs are stochs!) was in the final work for my master in Quantitative finance)...
as stochs is just close-min(n periods)/(high(n periods)-low(n periods) in %, than if u calculate the D it's just an average, you can calculate visually (i do it with the mouse) the hi-lo range of your n-periods and see how much the price has to run to move the stoch given its past behavior, ie if the price has come from a low range period it's a thing, if it has just endend a sharp move well that's another point!
it's just math, but hey, Bob is right, it works visually so just backtest it and make it yours!
  • #89
  • Aug 13, 2011 8:37am Aug 13, 2011 8:37am
Quoting nanningbob
Tell us more about your trades as you get comfortable with the system. I am such a counter trader I see them a lot better than I do trend trades. LOL
it would be a pleasure and an honor Bob!
i've been a quant for a lot and charting now has become the main tool for trading!
  • #90
  • Aug 13, 2011 10:26am Aug 13, 2011 10:26am
am i right in saying nothing will show till ticks recieved

Quoting The flame
ouch!! was about to upload the zip with everything inside!!
here's the manager however (didn't know i couldn't send attacgment with a pm!!)

EDIT: this is everything i was about to post Martin, so u can see the template etc and get an idea....
  • #91
  • Aug 13, 2011 10:43am Aug 13, 2011 10:43am
Quoting censura
am i right in saying nothing will show till ticks recieved
of course!
use the fx1.net ticker to keep the platform ticking even without feed!
  • #92
  • Aug 13, 2011 12:14pm Aug 13, 2011 12:14pm
Yes great got it working, read the dashboard notes - it would be great to show eg's or give guidence on what eas to use -

Am i right in that first you would look (using the dashboard ) if a pair is a counter trend candidate S=Green and In is Green or Trending candidate P= Green & out = Green. (some show neither in or out?) From this we are either looking to get into a trend or if in & s use BO or counter trend ea's

My confusion is which eas i would apply and does it matter what tframe i have chart open to

a simple table would greatly assist your great work ie

P S RWB I O Dist EA to use
G - G - G G EA1 or 2

etc

sorry to be a pain
  • #93
  • Aug 13, 2011 12:24pm Aug 13, 2011 12:24pm
Quoting censura
Yes great got it working, read the dashboard notes - it would be great to show eg's or give guidence on what eas to use -

Am i right in that first you would look (using the dashboard ) if a pair is a counter trend candidate S=Green and In is Green or Trending candidate P= Green & out = Green. (some show neither in or out?) From this we are either looking to get into a trend or if in & s use BO or counter trend ea's

My confusion is which eas i would apply and does it matter what tframe i have chart open to

a simple table would greatly assist...
chart open can be whatever u like, there's no problem... of course there are moments when u can trend or countertrend trade, it's up to u!

the best to trend trade would be: p green, rwb breen (will rarely happens cause rwb is 4hr and we need just a 1hr setup to trade) OUT green and DIST really small (dist is 1hr) then i would switch on ea 1.
did u read the doc file? every ea is explained there!! READ THE MANUAL FIRST!!!
read them and then read it again, first u understand the panel, then u understand the conditions that trigger every signal then u know what u r doing and can trade! take your time....
remember that having a signal is just an alert signal to switch to that chart and decide qhat to do!

i do this: i get a trend trade signal (P green) then i go to that chart and switch to h1 to look closer, then i decide to switch on or not the right EA (EA1 in buy or sell mode), i can leave the chart in h1 cause everything is hard coded so no problem of timeframe...then i wait with the EA activated and move to another chart!
  • #94
  • Edited 12:40pm Aug 13, 2011 12:27pm | Edited 12:40pm
and remember that phover is working on this so my work will last for few moments...he's the master of the panel...no no, he's The Lord of the Panel!!:nerd:
next week i'll put together a mini guide....i'm solving some problem with a couple of clients that decided to trade aginst CHF on their own...they created the mess, i've to solve it!!
  • #95
  • Aug 13, 2011 1:00pm Aug 13, 2011 1:00pm
I did read it. and it refers to eg's but there are none there nore the pdf ,
I am re-reading it

from what i can determin is this if we are looking to get into a trend then we are trading of either 1hr and hence p=green , o= green dist small use ea1 or the trend is established price retraced between the daily lines and we could use the daily BO

You could counter trend ctr - S is green and use EA2 or EA1 if distance is small(i think)

if S is green and in is green we could look to counter trend using ea2 particularly on the low volitile pairs or historical ranging pairs

if in green will s be green? ea2

If out is green the ctr with ea2 will s be green ?

ea4 - recovery - which i assume means we have trend traded and it has retraced back into daily lines and we are into drawdown

im trying



Quoting The flame
and remember that phover is working on this so my work will last for few moments...he's the master of the panel...no no, he's The Lord of the Panel!!:nerd:
next week i'll put together a mini guide....i'm solving some problem with a couple of clients that decided to trade aginst CHF on their own...they created the mess, i've to solve it!!
  • #96
  • Aug 13, 2011 2:01pm Aug 13, 2011 2:01pm
Quoting The flame
i'll prepare a zip file with:
-template i'm currently using
-indis so u have everything ready
-mlfxnhl manager EA that sends signal to the panel and has hardcoded all the eas to trade
-the panel (if i find the installer because i put it up last year so i've to find the original files!)
-instruction for the signals that are of course different from the original ones of 5.3 system...

i'm not a coder so u'll find inside the ea LOT of comment an stuff put betwen /* */ and //, i leave them there because they create no problems and are useful for corrections!...
Thank you for the zip file. I was able to install all the files by following the
5 - page NB 10.0 Dashboard MANUAL which you included. All went well and I was able to check by using fx1.net. So far so good. You do refer to a PDF in the MANUAL. I did not find any .pdf file in the zip folder.
  • #97
  • Aug 13, 2011 2:07pm Aug 13, 2011 2:07pm
okok, first u look for p or S, then u look for IN or OUT.
IN or OUT are unbound to S or P, are just further indications..
what u said in the beginning is perfect! but then u think in the opposite way :
Quote
if in green will s be green? ea2

If out is green the ctr with ea2 will s be green ?
we don't start from in and out, this are just informations that are displayed always, because price will always be in or out the mas!
first we look for P or S, if P is verified price MUST be OUT (the conditions are clear so no P with price INSIDE, it's impossible.
We can have a P and an S together with price out because with price out we could decide to follow the trend or think that as we are far away from ma8 could be right to ctr! so it's a decision that it's up to u..

when P is green i know that price is OUT, and i look at the DIST to see if price is really close to bb up in H1, it's not mandatory to have an out Green because the color of in and out refers to ma3 h4 being near to bbh4 down or up. so even if out is yellow h1 could spot the right point to enter the market.
then if i see that out is green then well, i could use even h4 ea to follow the trend instead of only h1 ea... it's just a plus that i decided to add to the system.

again, minimal rules:
to go with the trend: P GREEN (automatically we'll have price OUT no matter what color), DIST is small so i know that few pips and we'll be on the right bb in h1 to trigger a trade, so i switch on ea1 for buy if we're in an uptrend (u can see it by looking at the small chart symbol near the name of the pair or looking directly at the chart) or sell in a downtrend (it SHOULD work even the automatic buy/sell detection but remember that if price spike in the wrong way u'll open a trade against the trend)
IF P is Yellow, well, it's too early because the ma h1 high or low (it depends on the trend if up or down) is at more than 50 pips from the bb that will trigger the trade according to the rules. SO TWO THINGS WILL TELL THE DISTANCE: BOTH THE COLOR OF P AND THE GRAPH OF THE DIST COLUMN. double indication...double safety!

TO COUNTER TRADE: S is Green, so not only price is outside bb h4 but even in h1 we have price outside bb! IN or OUT depends on the type of counter trade: if IN then is a normal ctr as per rules so if IN is GREEN then we have that the ma3 h4 that is the trigger for the h4 ctr ea is at less than 50 pips from the right bb (up or down depends from the trend, is hardcoded though, so if we're uptrend it will be green only when ma3 h4 is near to bb up, the opposite in a down trend) i'll activate ea2 (again buy or sell depends, in an uptrend i ctr selling, in a down trend i ctr buying! automatic detection work but if the situation reverses u could open a trend trade istead of a ctr trade, that could be good, but it's not what u wanted to do!). IF S is YELLOW well never mind, is a ctr oportunity as well, we just have that price is outside bb h4 but not in h1, whatever! so i'll switch on ea2 with the right specification (buy or sell)...
breakout ea when u see price inside and decide that u don't know where it will go...
10.0 recovery ea, is the recovery ea so it follows the exact rules of the original recovery ea!
each ea follow the same trigger as Bob's originals! i just had to find a way to spot the different setup in the panel!
now it's time to taste my dominican aged rhum, watching a movie...it 23.00 here in italy..time to relax!
tomorrow when i can (have to fix my bike because next week i'll be three days riding in Mugello track!ah... Mugello....fast riding!!) i'll explain with a picture of the situation i have on my panel!

attached the pdf, sorry i forgot it!
Attached File(s)
File Type: pdf NH4PANEL v2.pdf   618 KB | 1,801 downloads
  • #98
  • Aug 13, 2011 5:44pm Aug 13, 2011 5:44pm
Quoting The flame
actually the movement depends on what the price did before that point...
i mean, the method is great and Bob proved it a lot of times, but to know if the blue is going to move or not is just a matter of calculous: it's a stochastics right? so just calculate the hi-lo range so that u know where the price needs to be to move that stoch down or up (a method with stoch(actually a little more complcated but hey, stochs are stochs!) was in the final work for my master in Quantitative finance)...
as stochs is just close-min(n periods)/(high(n periods)-low(n...
OK I understand your question better now. No I dont know. Have tried but that probably would take a very experienced news trader who know what happens to make price go out of its range. The second problem is going out of range is different for every time frame. Wish I knew the answer to that one. Sorry.
  • #99
  • Aug 13, 2011 5:56pm Aug 13, 2011 5:56pm
Quoting phover
Hummm... want to see the next version? hehehe

Hello all,

I'm around since a while now... looking here and there on many FF threads.
Mart I always check your profile to see your lasts posts, hopefully seeing you coming back. That panel of yours was something that really impressed me.. along of course with bobs system..

Also the first post in this thread bob is asking for donations if we like his system. I was expecting a paypal account, but it was something else. Check it out compassion.com
Bob you are one of a kind. God bless your soul!!
  • #100
  • Aug 14, 2011 5:51am Aug 14, 2011 5:51am
S = GREEN - OUT = GREEN use CTR EA2 (Go with trend ie In uptend Buy , in down trend sell)

is this correct

thank you
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