Nb 10.0 trend trading system

if S Green than u can counter trend!
out green means that if u're in an UT than ma3 h4 is really close to bb h4 down, so it's almost impossible to have S green and OUT green, because S green in an uptrend means that bid is > bbh1 up and bid > bbh4 up, so if this is verified OUT green is not verified!

so take a look at the condition in the code!

if(Operation==1) {
//Primary SELL
if(Bid <= MA82 && Bid <= MA22 && Bid >= BBH1mid && (MathAbs(BBH1up-Bid)/PointValue<=50))
sLog = StringConcatenate(sLog,ColorPrimaryGood,";"); //2=green indicator mean near
else if (Bid<= MA82 && Bid <= MA22 && Bid >= BBH1mid && (MathAbs(BBH1up-Bid)/PointValue > 50))
sLog = StringConcatenate(sLog, ColorPrimaryNear,";"); //1=yellow indicator mean over
else
sLog = StringConcatenate(sLog, ColorPrimaryNo,";"); //0=no indicator

//CTR BUY
if(Bid <= MA82 && Bid <= BB10down && Bid <=BBH1down && MA3H1L <= BBH1down )
sLog = StringConcatenate(sLog,ColorSecondaryGood, ";"); //2=green indicator mean under
else if (Bid <= MA82 && Bid <= MA22 && Bid <= BB10down)
sLog = StringConcatenate(sLog, ColorSecondaryNear, ";"); //1=yellow indicator mean near
else
sLog = StringConcatenate(sLog, ColorSecondaryNo, ";"); //0=no indicator
} else
if(Operation==-1) {
//Primary BUY
if(Bid >= MA82 && Bid >= MA22 && Bid <= BBH1mid && (MathAbs(BBH1down-Bid)/PointValue <= 50))
sLog = StringConcatenate(sLog, ColorPrimaryGood, ";"); //2=green indicator mean under
else if (Bid >= MA82 && Bid >= MA22 && Bid <= BBH1mid && (MathAbs(BBH1down-Bid)/PointValue > 50))
sLog = StringConcatenate(sLog, ColorPrimaryNear,";"); //1=yellow indicator mean near
else
sLog = StringConcatenate(sLog, ColorPrimaryNo,";"); //0=no indicator

//CTR SELL
if(Bid > MA82 && Bid >= BB10up && Bid >=BBH1up && MA3H1H >= BBH1up )
sLog = StringConcatenate(sLog, ColorSecondaryGood,";"); //2=green indicator mean near
else if (Bid >= MA82 && Bid >= MA22 && Bid >= BB10up)
sLog = StringConcatenate(sLog, ColorSecondaryNear,";"); //1=yellow indicator mean over
else
sLog = StringConcatenate(sLog, ColorSecondaryNo, ";"); //0=no indicator

and these are for in and out

double dDistanceUp = MathAbs(MA310-BB10up)/PointValue;
double dDistanceDown=MathAbs(MA310-BB10down)/PointValue;
double ddDistUp = MathAbs(MA3H1H -BBH1up)/PointValue;
double ddDistDown = MathAbs(MA3H1L -BBH1down)/PointValue;
if(Operation==-1) {
//Column 5
if((Bid > MA82 && Bid< MA22) ) { //inside
if(dDistanceUp<=50)
sLog = StringConcatenate(sLog,ColorInside,";"); //Green
else if(dDistanceUp>50 && dDistanceUp<250)
sLog = StringConcatenate(sLog,ColorInOutNear,";"); //Yellow
else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing
} else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing

//Column 6 outside
if((Bid>MA82 && Bid > MA22) ) {
if(dDistanceDown<=50)
sLog = StringConcatenate(sLog,ColorOutside,";"); //Green
else if(dDistanceDown>50 && dDistanceDown<250)
sLog = StringConcatenate(sLog,ColorInOutNear,";"); //Yellow
else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing
} else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing

//Column 7
sLog = StringConcatenate(sLog,MathMin(ddDistDown*2,100),";");

} else
if(Operation==1) {
//Column 5
if(Bid < MA82 && Bid> MA22) { //inside
if(dDistanceDown<=50)
sLog = StringConcatenate(sLog,ColorInside,";"); //Green
else if(dDistanceDown>50 && dDistanceDown<250)
sLog = StringConcatenate(sLog,ColorInOutNear,";"); //Yellow
else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing
} else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing

//Column 6 outside
if(Bid < MA82 && Bid< MA22) {
if(dDistanceUp<=50)
sLog = StringConcatenate(sLog,ColorOutside,";"); //Green
else if(dDistanceUp>50 && dDistanceUp<250)
sLog = StringConcatenate(sLog,ColorInOutNear,";"); //Yellow
else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing
} else
sLog = StringConcatenate(sLog,ColorInOutNo,";"); //Nothing

//Column 7
sLog = StringConcatenate(sLog,MathMin(ddDistUp*2,100),";");

it's all here!

gonna be out today...hope that everyone is getting used with my mods...i really am..
just a thing: most of the time when price is IN i find myself having a great number of trades just waiting for a break of ma8 (only this one) and then leaving the screen. tp40 pips and trail from 25 or 30 pips....
by now i'm sitting on +14,3% profit...amazing....

the fact that here we have a system with rules but also the possibility to use these ea to trade in other setup, like the "great countertrading" i was spotting indicating with a S Green...
most of the trades has been taken according to bob's rules, but some (like break of the ma8) where up to me, or some ctr taken at extreme points...

take your time: study the charts (did it all weekend long, sad to be single though!!) and u'll find a lot of other points to trade...
i'm not really confident with range trades in h1...i'll have to convince myself to give it a shot...but as 'll load all my 32 chart in the real accountsoon i think i'll stick to the trades i really feel confident....
how the hell can i upload a statement??? i save it as html but it doesn't let me upload it so that u can see where i took my trades (looking at the charts the reason will be clear..)

Just a question - are you using this as braeakout in direction of trend ie main trend is up so set EA5 to detect buy cross of ma8 and reverse in downtrend or as either buy/sell irrespective of prevailing trend direction.

Thanks

The Flame / Phover, Hi, thanks for the work on the dashboard , looks very exciting, I get an error message 120056c when I try and install Nh4panelv23. I think the error message is in Italian. Any ideas on whats wrong?

tks

Peter

100% in french...i'm the only italian here and martin is from canada... it's strange cause u're not the first to install it and the other guys didn't have problem! delete everything and try again following precisely the instruction in the pdf a couple of post up!

Send me the message you get by PM (cut & paste).
Will see.

Mart

Mart, thanks for taking a look, I have attached a pdf copy as wasn't able to work out how to include in a PDF

tks
Peter

haha! u just need microsoft framework! it's asking u to install it with a "ok" or to cancel the installation "annuler"
that's all!

actually if u don't speak french it's quite difficult for an american or an english to understand it (i studied 10 years of french but u know italy and france are pretty close......and if u want to ski there or practice free-diving...well...u have to learn it sooner or later).

so don't worry just download microsoft framework and all's gonna be ok!

All working now, its a great piece of work - many tks Peter


Theflame, tks for the reply, (I'm embarrassed to say I also briefly studied french in school 35 years ago, as you can imagine from my inability to read even the basics I didn't do well).

rgds
Peter

no problem....

Ok, everthing has been said Thanks The flame.
"C'est parfait!"

Mart

OK some results, I had the IO EA on the following:

USD/CHF +143
GBP/NZD -229 Took a 2L and closed it with +91
GBP/CHF +81
GPB/AUD +77
EUR/NZD +101 and +72 took it twice coming in and going out
EUR/AUD +106

TOTAL PIPS +671 IN TWO DAYS SOME TRADES WERE CLOSED FRIDAY

IO
EUR/AUD
GBP/AUD
GBP/JPY

OI
GBP/CHF
USD/CHF

RECOVERY USING IO
GBP/NZD

IO? OI?

same question...do u mean the trend ea buying when price is above both mas and the opposite for a sell right?

guys just a thing: phover deserves a huge burst of applauses for his job... we're in contact by email and despite thousands of miles and a lot of hours (i think 7 or 8 from here...) he's working hard...i heard of his idea for the new panel: will be the best EVER for me.... so bad not having a person like him at work here in italy!
stay tuned!
(three trades went well in trend re entry, all chf pairs...in live i would have taken only one though..) now +17% profit, with a 1,64% DD at the moment... can't wait to use it live!

Can you out line your current strategy and what you look for - also your set file for the ea's you use.

Previously you mentioned using the ea5 which was giving you a good return when green In signal is this what you are still doing , with trend trades taken with ea1 when p = g and dist small

Also how are you dealing with the runners that go against you - you seem to be doing very well

I have only started yesterday and am using the following - low voilitlity pairs as per bobs voltility groups - tradiing your dashboard with ea1 and reentry auto detection buy/sell - TP set to 40 and training stop at 25 +2

Has been fine untill over night although recovered on 1k demo account from yesterday 12pm i am 10% up but dd is currently 7.9% and was 14%

So i need to get an idea on how to control the drawdown and manage trades with recovery. I have tried to identify on the threads what is drawdown value to start recovery but can not find any indication of this - in NB5.0 i used 200 pips in the hole and either looked for next / nearest reentry using the same criteria or hedged (if it was still running the BB lines and try and wait it out)

Any help on ideas for recovery would be greatly appritiated

thanks

hi set file would be useless because it's the panel that sets the target...the only fixed condition is the money management, that u're following correctly. right know i'm not range trading...too scary for me...sometimes u sell towards a bottom and i don' feel good with this... but how did u manage to have a 10% DD in a cuple of days??? what are you trades?
the ea5 is used when i see price IN and the rwb (and my nose of course) tells that it can break ma8...
right know i'm just trend trading with h1 ea, breaking out with ma5 and countertrading with ma2, these are my pair with open trades:
AUDCAD Long trend +1
AUDJPY Long ctr +3
AUDUSD Long break of ma8 -62
EURUSD Long trend +13
GBPJPY Short for error sunday night -64 (i keep it so that i can get used to recover if it will ever need to)
USDJPY Long CTR on aug8 -47

waiting for a break of ma8 on:
GBPJPY long (with 1,6xlot so that if trend changes i reverse the position going long and recover the other trade in less than 80 pips, i'm gonna leave the short open and recover it in this way)
NZDUSD long
USDCAD short

waiting to enter with ea1 h1 trend:
EURCAD long

last operations:
EURUSD short ctr 4hr +40
EURCHF long +40
GBPCHf long +40
USDchf long +40
NZDJPY long +5
AUDJPY short +40
EURUSD long +35
AUDCAD long +40
EURGBP long +5

can't complain at all..!!
i know some of them went more than 40 pips (bob showed in his last post) but i can't be sure of anything so 40 pips is a good profit, is in average, and the trailing is doing good to keep me safe...
i've boundaries imposed by my boss so can't keep dd rise to much....
in live i'll use a 0.5-0.4 leverage...
if i score a 15% profit yearly my clients are happy and i get my bonus! so can't be greedy at all...with my money though....i'll use a higher leverage (1 maximum)

Currently i am testing the following -
(From this morning)
Counter trending all pairs 1hr tp 40 tsl 25 +2

But the difference is i am using a currency strength indiator based on 1hr to predefine direction ie currently the strength indicator shows the following

USD,GBP,JPY,CHF +ve
CAD,AUD,NZD,EUR -ve

So i have set USD GBP JPY CHF - EA1 set to buy &
CAD,AUD,NZD,EUR - EA1 set to sells

EG EUR / JPY - EA1 Sell, EUR/USD - EA1 Sell GBP/AUD -EA1 Buy

If any trade goes into 100+ dd i look at 4hr time frame and see RWB setting and await for it to go to extream and will go with that and prevailing currency strength

I might also try EA 1 ctr on for eg AUD/NZD as both show are going in same direction against other currencies so should be ranging against each other i think - well see

the beauty here with both bob and your help flame and the dashboard we can experiment and see

Current state of play - 2% up on the day with 5.5% dd

What i would like is to manage dd to <5% or better still <2.5% this may involve having to kull / match winning and lossing trades as bob does to maintain this figure particualarly if in no mans land with RWB extream hit but no sign of retrace

Account is now - 19.66% up in 1.5 days dd is a whopping 9.78 with currently 11 live trades -

I have 1 rougue trade 200 pips down eurnzd :-(

I should have hedged it at 100 but was away from my desk as it was and still is in rwb 4hr no-mans land neither over bought or sold

This is the difficulty i have not having time to sit on the trades and babysit the runners - i have hedged it now until it trades upto over bought or over sold to deal with later

Any way will keep you updated if you are interested

how many lot r u trading with? 1 lot for 100k $? it looks a lllloooooott more than this from your dd and results in just 1 day!! i'm up 18% with 1,6%DD with 1lot per 100k usd...gonna use little less in the live..

oh oh that's a beauty! now even volatility class is specified! niceee!!!