Ema+vq+macd System | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

10 Ema and 200 Ema cross system 6 replies

EMA crossover (ema 14 & 34) 4 replies

Please help code an EMA Crossover 12ema x 24 ema cross 1 reply

EMA's and MA's confiming small time correctoin ema's crossing 1 reply

EMA Close Crossing EMA High/Low Help Please! 2 replies

Attachments: Ema+vq+macd System
Exit Attachments

Ema+vq+macd System

  • #41
  • Sep 30, 2011 1:03am Sep 30, 2011 1:03am
Hello Lesso, thanks for your system, I like your aproach, as I think M1 is not so different from H1 , D1 as for me, every chart has a fractal property (they all look very alike no matter how much you zoom in or out).
Using various indicators can help avoiding false moves from the market, I saw a documentary from BBC that talks about complexity and fractals, and at the end a very interesting experiment:

A man puts some jellybeans inside a jar, they are many, and asks more than a 100 people to approximate how many are ...
At the end he got extreme variable results, but averaging them he AMAZINGLY got almost the exact number of jellybeans that were inside the Jar...
I think they call it "Masses wisdom", or something like that.

The point is , I think by using some indicators this could be achieved too, because many traders use a variety of them...

See you around.
  • #42
  • Sep 30, 2011 1:23am Sep 30, 2011 1:23am
Quoting multi888
hi lessox,

I have multiple buy sell signal and they are very close to each other...its very confusion weather to buy or sell. Is the something wrong?
show with chart examples please....false signals-this is what the macd and vq attempt to avoid. usually I would widen my buffer to avoid whipsaws or I wont trade if this is the case.
  • #43
  • Sep 30, 2011 1:25am Sep 30, 2011 1:25am
Quoting Sequoia
Hello Lesso, thanks for your system, I like your aproach, as I think M1 is not so different from H1 , D1 as for me, every chart has a fractal property (they all look very alike no matter how much you zoom in or out).
Using various indicators can help avoiding false moves from the market, I saw a documentary from BBC that talks about complexity and fractals, and at the end a very interesting experiment:

A man puts some jellybeans inside a jar, they are many, and asks more than a 100 people to approximate how many are ...
At the end he got extreme...
very interesting thanks for the post. I agree with the m1 just being a fractal of the larger timeframes.
  • #44
  • Sep 30, 2011 1:32am Sep 30, 2011 1:32am
Quoting XxLessoxX
show with chart examples please....false signals-this is what the macd and vq attempt to avoid. usually I would widen my buffer to avoid whipsaws or I wont trade if this is the case.

The buy sell signal is from the ALERT window that appear. On the chart there are no buy sell box, just the Alert window telling to buy or sell.
Anyway, I think I need to understand your system more thoroughly so that I will know how it works.

Thanks for the great work, will update here when I make my pips using your system soon.
  • #45
  • Sep 30, 2011 1:36am Sep 30, 2011 1:36am
Quoting multi888
The buy sell signal is from the ALERT window that appear. On the chart there are no buy sell box, just the Alert window telling to buy or sell.
Anyway, I think I need to understand your system more thoroughly so that I will know how it works.

Thanks for the great work, will update here when I make my pips using your system soon.
are you using it on more than one pair? rule of thumb if you are getting conflicting signals stay out until the instrument takes a direction and get into the trend on the next signal. This is the easiest method to handle choppy markets. Or you can use another filter like the pivots and 200 ma. if price is above the daily pivot or 200 ma, only look for longs, if below then only take shorts.
  • #46
  • Sep 30, 2011 1:51am Sep 30, 2011 1:51am
Quoting XxLessoxX
are you using it on more than one pair? rule of thumb if you are getting conflicting signals stay out until the instrument takes a direction and get into the trend on the next signal. This is the easiest method to handle choppy markets. Or you can use another filter like the pivots and 200 ma. if price is above the daily pivot or 200 ma, only look for longs, if below then only take shorts.

Yes, you are right. I'm looking at other pairs too. Will just look at EURUSD for the time being. Wil upadate soon...
  • #47
  • Sep 30, 2011 2:13am Sep 30, 2011 2:13am
I like this system, looks promising.
The big question is, does it have a real statistical edge ?
For me, the proof lies in a backtest on historical data (and if that looks promising in a forward test). So we need an expert advisor which incorporates the described rules and conditions. This should be a fairly simple EA for an experienced programmer because the rules are well described.
I have some experience in writing EA but only for metatrader5 (MQL5) platform.
(I will give it a shot if i can find the time).

Greetings.
  • #48
  • Sep 30, 2011 2:16am Sep 30, 2011 2:16am
A question about the rules. You said:
Quoting XxLessoxX
2. I take some profit off of the table when the trade goes my way[/b], this means for me closing half of my trade after a 1:1 risk to reward ratio is hit, moving the remaining unit's stop to BE and enjoying my free trade. See? Friggin Simple, right?
How do you manage the remaining half position? Trail-stop? Manually changing SL at specific events (e.g. price passing recent high/low)? Or just personal discretion?
  • #49
  • Sep 30, 2011 3:23am Sep 30, 2011 3:23am
How to disable the Alert function window?
  • #50
  • Sep 30, 2011 3:51am Sep 30, 2011 3:51am
Quoting multi888
How to disable the Alert function window?
Check the "LessoSignalLine" indicator...there is a PopUp Alert field that you can set to false.
  • #51
  • Sep 30, 2011 3:53am Sep 30, 2011 3:53am
Quoting XxLessoxX
try either of these, otherwise im out of suggestions
still nothing, but I found another versions of VQ.

Can you please tell me settings you are using?

my version of VQ is a little bit different then yours so I wanna be sure is it correct?

thank you

regards
Attached Image (click to enlarge)
Click to Enlarge Name: eur usd.gif Size: 19 KB
Attached File(s)
File Type: mq4 VQ.mq4   7 KB | 488 downloads
File Type: ex4 VQ.ex4   11 KB | 469 downloads
  • #52
  • Sep 30, 2011 3:56am Sep 30, 2011 3:56am
Quoting brightside
Check the "LessoSignalLine" indicator...there is a PopUp Alert field that you can set to false.

Thank you...
  • #53
  • Edited 6:13am Sep 30, 2011 5:08am | Edited 6:13am
[/quote]
Quoting Zokynho
I can't see VQ indy on 1 min chart why?

regards
go and open indicator settings, and change filter, I mean-there was number 5,and I changed it to number 1 and now it's OK

Attached Image (click to enlarge)
Click to Enlarge Name: VQfilter1.JPG Size: 263 KB
  • #54
  • Sep 30, 2011 5:45am Sep 30, 2011 5:45am
Thanks for sharing this Lesso. I'm checking it out tonight. Not complaining, but I didn't care for the template, so I set up manually. I went Lomg on the GBPJPY H1 TF. Here's a snapshot. Hope I got everything right.
Thanks again and good trades to everyone.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 118 KB
  • #55
  • Sep 30, 2011 5:47am Sep 30, 2011 5:47am
Finally it's working.

Thank you very much miny http://www.forexfactory.com/images/icons/icon14.gif

regards
  • #56
  • Sep 30, 2011 5:53am Sep 30, 2011 5:53am
Quoting minyPB
go and open indicator settings, and change filter, I mean-there was number 5,and I changed it to number 1 and now it's OK

Attachment

Attachment
Can you please tell me what indy you use on your chart?

is it non lag dots and trend magic?

regards
  • #57
  • Sep 30, 2011 6:00am Sep 30, 2011 6:00am
Quoting Zokynho
Finally it's working.

Thank you very much miny http://www.forexfactory.com/images/icons/icon14.gif

regards
No problem :-)but remember, if you want to see this indicator on higher time frame, you will have to change it back to 5, because if not, this indicator will make too many wrong signals.

sry for my ENG
  • #58
  • Sep 30, 2011 6:04am Sep 30, 2011 6:04am
Quoting Zokynho
Can you please tell me what indy you use on your chart?

is it non lag dots and trend magic?

regards
yea, it's superTrend and nonlag dots

Attached File(s)
File Type: mq4 nonlagdot.mq4   5 KB | 353 downloads


Attached File(s)
File Type: mq4 Supertrend1.mq4   4 KB | 351 downloads
  • #59
  • Sep 30, 2011 6:22am Sep 30, 2011 6:22am
thank you miny for your help

regards http://www.forexfactory.com/images/icons/icon7.gif
  • #60
  • Sep 30, 2011 6:31am Sep 30, 2011 6:31am
Quoting bobby2
Thanks for sharing this Lesso. I'm checking it out tonight. Not complaining, but I didn't care for the template, so I set up manually. I went Lomg on the GBPJPY H1 TF. Here's a snapshot. Hope I got everything right.
Thanks again and good trades to everyone.

Attachment

Hi plese tell me, what indicator is in your right top corner of the picture you sent? What is this? way of...? What the name of this indicator?thanx :-)
0 traders viewing now