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Profitunity (Chaos) Trading System by Bill Williams

  • #1,301
  • Nov 2, 2011 10:55am Nov 2, 2011 10:55am
Quoting swingfiddle
lolthat was really funny hehehehe...

but guys i only have S/R lines and murray math lines as extra indies...anything else is williams indies
Glad you liked it, and took it in good spirit

I forgot to ask, is there anything there that gives a definite, mechanical trade signal for entry or exit?

Or do you still have to use brain power?

OPPORTUNITY IS NOWHERE
  • #1,302
  • Nov 2, 2011 11:02am Nov 2, 2011 11:02am
Quoting Callisto
Glad you liked it, and took it in good spirit

I forgot to ask, is there anything there that gives a definite, mechanical trade signal for entry or exit?

Or do you still have to use brain power?


oh you mean on the specific chart of eur/usd i posted or generally the template?

i would take the signals as mentioned on the williams book,wait for the first fractal break out and then take the rest signals,really there is nothing on the chart more than some extra s/r lines just to see what other people see,and a different fractal indie...but dont want to get you dizzy i ll post clean charts next time
Never again will fade the trend
  • #1,303
  • Nov 2, 2011 9:42pm Nov 2, 2011 9:42pm
Lower highs, and break of all fractal supports from past, hope chart is not too big
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_007.jpg Size: 101 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,304
  • Nov 3, 2011 8:51am Nov 3, 2011 8:51am
Last one didn't pan out, looking for pullback & signal here
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_008.png Size: 39 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,305
  • Nov 3, 2011 10:46am Nov 3, 2011 10:46am
Quoting Erebus
Last one didn't pan out, looking for pullback & signal here
which timeframe is this?? nice false break with bearish divergent bar, how come i didn't see it??
  • #1,306
  • Nov 7, 2011 12:55pm Nov 7, 2011 12:55pm
Quoting alligator
which timeframe is this?? nice false break with bearish divergent bar, how come i didn't see it??
Sorry for slow reply, been travelling; they are RANGE BARS - just experimenting with them as they always show smoother indicator action!
It takes a lot for me to IGNORE you, but you can try.
  • #1,307
  • Nov 10, 2011 1:11am Nov 10, 2011 1:11am
Some great opportunity yesterday, and if you didn't get any pips out of that 335 range, you better get some new indicators, just sell & hold, not sure that will work today?
Attached Image (click to enlarge)
Click to Enlarge Name: Chart_010.jpg Size: 97 KB
It takes a lot for me to IGNORE you, but you can try.
  • #1,308
  • Nov 11, 2011 9:54am Nov 11, 2011 9:54am
Quoting swingfiddle
Hello guysNew to chaos theory and very enthousiastic about it.
I am posting a EUR/USD analysis on H1 Chart,i would be glad to hear your opinion on it as i am new and would like to be sure i have understand things properly.

I have some comments on chart,and the conclusion is that i ll wait first for alligator to take a nap.It starts talking a nap now but the price is going up so this might be a sign of a bad whipsaw which i hate so much lol...
I am not too sure about the 'divergence' that you have marked on your chart, perhaps you have to revisit that.


These two indicators may be helpful to someone

The Williams system is a lot simpler and the signals are relatively easy to see if you just use awesome and alligator with fractals. The really experienced people use awesome and fractals mixed in with some EW. Surely you are confused with the number of indicators you are showing.
Attached File(s)
File Type: mq4 ac_ao_barsGreenRedGrey.mq4   2 KB | 1,208 downloads
File Type: mq4 ac_ao_ZoneTrade_v2.4.mq4   7 KB | 1,197 downloads
  • #1,309
  • Nov 11, 2011 5:19pm Nov 11, 2011 5:19pm
Quoting Blaiserboy
I am not too sure about the 'divergence' that you have marked on your chart, perhaps you have to revisit that.


These two indicators may be helpful to someone

The Williams system is a lot simpler and the signals are relatively easy to see if you just use awesome and alligator with fractals. The really experienced people use awesome and fractals mixed in with some EW. Surely you are confused with the number of indicators you are showing.
yeah that was my mistake-there is NO divergence there,awesome and price were both going down.saw that few days later.

i ll definatelly chek the indies thanks
Never again will fade the trend
  • #1,310
  • Nov 11, 2011 5:49pm Nov 11, 2011 5:49pm
Quoting swingfiddle
yeah that was my mistake-there is NO divergence there,awesome and price were both going down.saw that few days later.

i ll definatelly chek the indies thanks
Try to strip those indicators from the chart, they will overload you with data that will confuse your thinking.

Attached is an ea which acts as a trade simulator, install it to the metatrader directory, there are script files for order entry..... this will allow you to do sim broker / replay.
Attached File(s)
File Type: zip Trade_Simulator_Installer.zip   120 KB | 853 downloads
  • #1,311
  • Nov 11, 2011 5:57pm Nov 11, 2011 5:57pm
On this site is a simulator for learning the Chaos method

http://www.fxoo.org/DispatcherServlet/Downloads
  • #1,312
  • Edited 12:34am Nov 12, 2011 12:00am | Edited 12:34am
I spent many, many hours hunting for an Alligator Cross alert.
I finally found an indicator that almost does the job. Unfortunately the sound doesn't work

However, I think all Chaos fans will find this most useful and maybe some kind soul will get the sound working for us.

You can set this indicator up and it should give you a sound alert and an arrow when the Red Alligator line crosses the Blue one.
The arrows work.

Settings are: true, false, 2, 8, 5, 4, 2 13, 8, 4

Or you can set it to alert when the Green line crosses the Blue.

Settings for that are: true, false, 2, 5, 3, 4, 2 13, 8, 4

Land of cash is working on an entry system based on a MA shift crossover for their LOC Trader ea. (Do a search on FF for LOCTrader.) With that, you can then choose your choice of trailing stop strategy.

In many ways it will allow Chaos traders to get an automatic entry on an Alligator Cross over and then trail a stop along one of the Alligator lines.

Sleep may be possible again if we can get the sound part of this alert working.
Attached File(s)
File Type: mq4 MA_Shift_Crossover_Alert.mq4   8 KB | 853 downloads
  • #1,313
  • Nov 12, 2011 3:16am Nov 12, 2011 3:16am
Quoting Blaiserboy
On this site is a simulator for learning the Chaos method

http://www.fxoo.org/DispatcherServlet/Downloads
thanks Blaiserboy,thats a great site
Never again will fade the trend
  • #1,314
  • Nov 12, 2011 8:04am Nov 12, 2011 8:04am
Quoting swingfiddle
thanks Blaiserboy,thats a great site
I saw that site mentioned somewhere..... maybe in the early posts of this thread...... or another similar thread..... The thing has taught me a lot.

Reading a book is great but actually making the entries and studying the results has been great for me. Besides...... what else is there to do on a Saturday night.? LOL



I am attaching a trailing stop ea that may be helpful, one will have to open it up in Metaeditor to get the idea as to the settings required, I have not used it yet. I got it from "http://www.fxoo.org" and there are instructions on that site.

Enjoy your weekend.!!
Attached File(s)
File Type: mq4 AutoTrailingStop.mq4   8 KB | 749 downloads
  • #1,315
  • Nov 12, 2011 8:29am Nov 12, 2011 8:29am
Three videos on Fractal Trading

Inserted Video


Inserted Video


Inserted Video
  • #1,316
  • Nov 12, 2011 11:00am Nov 12, 2011 11:00am
Quoting Blaiserboy
I saw that site mentioned somewhere..... maybe in the early posts of this thread...... or another similar thread..... The thing has taught me a lot.

Reading a book is great but actually making the entries and studying the results has been great for me. Besides...... what else is there to do on a Saturday night.? LOL



I am attaching a trailing stop ea that may be helpful, one will have to open it up in Metaeditor to get the idea as to the settings required, I have not used it yet. I got it from "http://www.fxoo.org" and there are...
scroll down once you go here
http://www.fxoo.org/DispatcherServlet/OrdersHistory
Never again will fade the trend
  • #1,317
  • Nov 12, 2011 12:06pm Nov 12, 2011 12:06pm
Quoting swingfiddle
scroll down once you go here
http://www.fxoo.org/DispatcherServlet/OrdersHistory

haha I guess you were encouraged. LOL

There are some charts earlier in this thread that show some excellent profits using the fractals.... Give those some attention and also go to his site... You will see what he is doing and you can adopt his method.

I believe that you will find that quite interesting.

Here is one of his charts, if you look at the others you will see that he likes to apply EW... and he has mastered this. A great example to follow on a simple application.
Attached Image
  • #1,318
  • Nov 30, 2011 11:15am Nov 30, 2011 11:15am
I would like to say hello to everyone. I am a new trader to Forex Factory. I have been following this board for a while and decided to finally post. I am a beginner trader and I am interested in the Bill Williams system. I have read his book and practiced the system on MT4 demo accounts.

I really look forward to keeping up with this thread to help me trade this system.
  • #1,319
  • Jan 30, 2012 1:43am Jan 30, 2012 1:43am
How is chaos trader doin out there?
no one post in this forum again.....
  • #1,320
  • Jan 31, 2012 7:42am Jan 31, 2012 7:42am
Speaking for myself as it relates to the daily timeframe, chaos has been chaotic to say the least. 2011 did not favor trend following systems, and trend followers in general have had an inconsistant time in the last few years. I have modified my approach both with indicators and timeframe and will return to the daily timeframe and profitunity when things clear up. It remains to be seen whether this is a long term structural change(doubtful) or not, although volatilty is up 400% in the last 10 years compared with the previous 100! Speaking with other profitunity students who talk to the home office, it has been tough for most who follow Bill's system. Most are trading intraday. I know our friend youfazi is doing great in the 1 and 5 min timeframe and I am sure he will chime in at some point.
Regards,
GreenRiver
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