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Nb 10.0 trend trading system

  • #121
  • Aug 16, 2011 8:13am Aug 16, 2011 8:13am
Quoting censura
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


I would be very interested in keeping up with this hedge trade. Let us know and maybe I will throw in some advice along the way.If you follow 10.0 you would stay hedged as long as price stays above both lines and unhedge when it crosses over the blue and go with a short counter trade. This would be exciting to watch a trade like this live.
  • #122
  • Aug 16, 2011 8:52am Aug 16, 2011 8:52am
I am trading 0.02 or 2 cents per $1,000

or relitive to you flame and yours twice as leaveraged ie i would be doing 2lots per 100K if scaled up - 18 pairs


Ok bob will keep you posted on hedge
Quoting The flame
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..
  • #123
  • Aug 16, 2011 9:01am Aug 16, 2011 9:01am
Quoting nanningbob
If you are going to use my trading systems you will need to completely change how you think.
Is it OK for now to just ADD TO the way I think? LOL

DrDave
To free Gazans of Hamas, use whatever it takes.
  • #124
  • Aug 16, 2011 9:57am Aug 16, 2011 9:57am
Quoting DrDave
Is it OK for now to just ADD TO the way I think? LOL

DrDave

Actually that was a better way of saying it.
  • #125
  • Edited 4:15pm Aug 16, 2011 10:59am | Edited 4:15pm
Bob, you are astonishing always, but have excelled yourself this time.

I have started an auto-trader - details at http://www.forexfactory.com/showthre...31#post4875031

  • #126
  • Edited 4:39pm Aug 16, 2011 4:02pm | Edited 4:39pm
Quoting SteveHopwood
Bob, you are astonishing always, but have excelled yourself this time.

I have started and auto-trader - details at http://www.forexfactory.com/showthre...31#post4875031

HI Steve. Thanks for showing up. I cant imagine it getting any better. I think this will be the best I can ever do. There maybe some minor improvements with experience over time but I am hoping this fall when things are trending we will be able to catch some really good moves. The biggest difference I can see so far is the profits are much bigger, I am catching bigger moves more often than I have ever done before. I have caught 28 moves of over 100 pips this month which averages almost 2 a day. I have never done that well before. Because of this I am averaging around 1% increase every day on my account which is a shocking number. I have even survived a -1400 pip negative trade and brought it back to even. This is better than I ever imagined but most of this has been done with my range trading system. However, I have caught several good trend moves but this is only August. Anyway welcome.
  • #127
  • Aug 16, 2011 4:27pm Aug 16, 2011 4:27pm
Quoting nanningbob
HI Steve. Thanks for showing up. I cant imagine it getting any better. I think this will be the best I can ever do. There maybe some minor improvements with experience over time but I am hoping this fall when things are trending we will be able to catch some really good moves. The biggest difference I can see so far is the profits are much bigger, I am catching bigger moves more often than I have ever done before. I have caught 28 moves of over 100 pips which averages almost 2 a day. I have never done that will before. Because of this I am averaging...
Yes, I already have one live trade, an EChf buy that is +166 at the mo, has been as high as +180 and has +50 safely locked in.

Granted, this is hedging two smaller sell trades that were themselves hedging the buy I found myself on the wrong side of as the pair tanked, but hey, profit is profit and I am not knocking it. Your beautifully clear and precise method of trend-detection offers me a more constructive way forward than was offered by Trendy - itself a considerable step forward.

And it is fantastically simple and clear-cut.

Hehe. Apparently I make playing Mozart piano sonatas look stupidly easy. Just like a comedian's hysterically funny 'ad-lib', this is actually the result of hours and hours and hours of practise. Your trend-detection is absurdly simple; I bet you toiled for hours and hours and hours to perfect it.

So, thanks a billion for sharing it with us. You really are a star.

Incidentally, I have realised that all I need to do to get the ctr stuff going in BigBob is copy the code from the existing EA's, so I shall do that tomorrow. From there, it is just a matter of deciding how/when to implement Recovery and Hedging; no doubt there is stuff in your documentation to help and we can develop ideas further from there.

Cheers

  • #128
  • Aug 16, 2011 4:41pm Aug 16, 2011 4:41pm
Gonna be busy this week. School starts for us, can you imagine that?, high school reports today, elementary Friday. HOWEVER, I am only teaching one job this fall so I will be watching over the markets. Anyway off to work, I will check in from time to time as I take a breather.
  • #129
  • Aug 16, 2011 6:36pm Aug 16, 2011 6:36pm
Hi FLame, I can't seem to download your dashboard from the link provided in the document. Is this the link : http://www.mldlfx.com/files/NH4PANELv200.exe ?
  • #130
  • Aug 17, 2011 12:22am Aug 17, 2011 12:22am
Monday 15th 9.99% account increase (from lunch time)
Tuesday 16th 12.25% account increase
Today so far 4.44% account increase

Total 26.66%

DD currently 12% :-(

I have 2 trade in hedge still eur/nzd and eur/aud awaiting rwb to go to extreame both 100pips in dd when hedge placed

eur/chf now in recovery
  • #131
  • Aug 17, 2011 1:21am Aug 17, 2011 1:21am
Quoting censura
Monday 15th 9.99% account increase (from lunch time)
Tuesday 16th 12.25% account increase
Today so far 4.44% account increase

Total 26.66%

DD currently 12% :-(

I have 2 trade in hedge still eur/nzd and eur/aud awaiting rwb to go to extreame both 100pips in dd when hedge placed

eur/chf now in recovery
probably need to lower lot size or have harder stops... just a suggestion
Grabbing the bull by the horns!
  • #132
  • Aug 17, 2011 1:59am Aug 17, 2011 1:59am
Quoting censura
Monday 15th 9.99% account increase (from lunch time)
Tuesday 16th 12.25% account increase
Today so far 4.44% account increase

Total 26.66%

DD currently 12% :-(

I have 2 trade in hedge still eur/nzd and eur/aud awaiting rwb to go to extreame both 100pips in dd when hedge placed

eur/chf now in recovery
Wow. Interesting strategy. You hedge at 100 pips? May not be a bad idea, actually I was planning on having a hedging thread with a similar idea. You could ride the hedge until price crosses back with an OI EA that closed the hedge and added a counter trade. Lets say you do .20 lots and hedge at 100pips. If price moved 500 pips and then when price crosses back over with an OI EA it would close the profit trade of the hedge at 500 pips, you would have a +500 and a -600 trade. You would set a .20 counter trade. 50 pips later it would BE (the negative 100 would be gone and all trades would equal 500 + - and then profit after that at .40 a pip. So what started as a -100 pip losing trade ends up an easy BE or better yet can become a profit trade. Dang I like that. Anyway that was my idea. What do you think? You can wait out a trade no matter how volatile or crazy the market gets. You wait until it ranges again and clean it up. With this strategy you could play with larger lots since you are only going to let price run only 100 pips against you.
  • #133
  • Aug 17, 2011 3:09am Aug 17, 2011 3:09am
Your idea seems great as at anyone time you are at worst 100 down with hedge before OI closses it and the set ctr both again to recover perhaps steve could set this up in the ea as recovery option as a complete strategy
As mats range 80% of the time with revovery set to l2 it shouldd recoup 100 dd with. A couple of trades
Another idea I am working on is with ctr working so well hedge and then match losses with winners this way you cap your losses and are not commpounding loses with increased lot sizes

Discussion continues
  • #134
  • Aug 17, 2011 4:28am Aug 17, 2011 4:28am
Quoting nanningbob
Wow. Interesting strategy. You hedge at 100 pips? May not be a bad idea, actually I was planning on having a hedging thread with a similar idea. You could ride the hedge until price crosses back with an OI EA that closed the hedge and added a counter trade. Lets say you do .20 lots and hedge at 100pips. If price moved 500 pips and then when price crosses back over with an OI EA it would close the profit trade of the hedge at 500 pips, you would have a +500 and a -600 trade. You would set a .20 counter trade. 50 pips later it would BE (the negative...
'
what is OI?
Grabbing the bull by the horns!
  • #135
  • Aug 17, 2011 4:48am Aug 17, 2011 4:48am
Quoting censura
Your idea seems great as at anyone time you are at worst 100 down with hedge before OI closses it and the set ctr both again to recover perhaps steve could set this up in the ea as recovery option as a complete strategy
As mats range 80% of the time with revovery set to l2 it shouldd recoup 100 dd with. A couple of trades
Another idea I am working on is with ctr working so well hedge and then match losses with winners this way you cap your losses and are not commpounding loses with increased lot sizes

Discussion continues

That was my motivation behind 10.0.
1. Come up with a system that reentered based on price movement not an approximate 200 pips. This cuts down on reentry levels a lot.
2. Have your reentry lots be much smaller and easier to handle.
3. Define precisely where we can take such actions. In other words a better definition than what we used to have.
4. Find a way you can still trade with a USA broker.
5. CTR was a pleasant surprise that popped up when I was trying to work out a programming problem with Squalou. It was my discussions with him in trying to get a certain move to work and the possibilities that lead to CTR. I love the CTR EAs. Dang they just keep cranking out the pips and the entrances are really solid.
  • #136
  • Aug 17, 2011 5:04am Aug 17, 2011 5:04am
Quoting whitegoodman
'
what is OI?
Sheesh ........... page 1 post 1 read the manuals and the different EAs. It is all there. OI stands for outside in.
  • #137
  • Aug 17, 2011 10:57am Aug 17, 2011 10:57am
today's trades (really nice cause the panel handled everything alone cause i was riding my bike!!)

EURCAD sell +5
NZDUSD buy +10
EURJPY buy +40
GBPUSD buy +40

still open
gbpjpy short reversed in long (sell still open opened a buy as price crossed ma8 using 1,6 lots)
usdcad sell -36
usdjpy buy -80

20% profit, now 2%DD....amazing!
  • #138
  • Edited 7:18pm Aug 17, 2011 5:28pm | Edited 7:18pm
Quoting The flame
today's trades (really nice cause the panel handled everything alone cause i was riding my bike!!)

EURCAD sell +5
NZDUSD buy +10
EURJPY buy +40
GBPUSD buy +40

still open
gbpjpy short reversed in long (sell still open opened a buy as price crossed ma8 using 1,6 lots)
usdcad sell -36
usdjpy buy -80

20% profit, now 2%DD....amazing!
you mind re- posting the link to download your dashboard? The link in the reading isn't available.
  • #139
  • Aug 17, 2011 7:50pm Aug 17, 2011 7:50pm
Quoting Mediator
Hello Traders,

i made a Dashboard for a quick Signal overview of all Pairs available (Mediator
Mediator,

Just a suggestion/fyi.

Use Lucida Console font for all your text. Like courier they are evenly spaced characters(attached gif).

Cheers

Pat
Attached Image (click to enlarge)
Click to Enlarge Name: nb10 dashboard.gif Size: 10 KB
  • #140
  • Aug 18, 2011 4:48am Aug 18, 2011 4:48am
Would someone please save and post a copy of the word document for the NB 10 dashboard in an older version of Word? I can not open the document.
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