CHOROS System | Page 343 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

CHOROS Interactive 2,625 replies

Money management for CHOROS and other strategies 2 replies

I want to pay off my mortgage asap with Choros 181 replies

3-9% a day with CHOROS? 63 replies

Would you trade this system? New system #2. 10 replies

Attachments: CHOROS System
Exit Attachments

CHOROS System

  • #6,841
  • Nov 2, 2011 6:46pm Nov 2, 2011 6:46pm
Quoting asos101
to say the truth, i use the Autopivot_V5 indi on my main M15 template because i get all the Daily, weekly, monthly pivots and it matches my br0ker times perfectly...
Ok, if I didn't read the thread backwards I would have seen that you guys have been talking about the pivot indis!

I agree with Asos, I like the AutoPivot display best. It just doesn't agree with my borker time. I use Oanda which is USA EST.

Just to be sure I'm going to check with the actionforex.com web page posted by someone recently, I think Binyamen, here: http://www.actionforex.com/markets/p...2010040848154/
Luck occurs when preparation meets with opportunity.
  • #6,842
  • Nov 2, 2011 6:49pm Nov 2, 2011 6:49pm
Did anyone save the charts posted by the celebrity visitor this morning? I was at work but I just came home and read all the comments and teaching, but it's hard to understand without the charts.

If you do (KK007??) would you please post them here? Thanks!
Luck occurs when preparation meets with opportunity.
  • #6,843
  • Nov 2, 2011 6:56pm Nov 2, 2011 6:56pm
Quoting AlienFrog
Did anyone save the charts posted by the celebrity visitor this morning?
I copied the chat into a Word doc. Too bad there are no time stamps on the comments. It has a pretty large text buffer.

Also .pdf for those nervous about opening a .doc file.
Attached File(s)
File Type: doc Scribblar chat room text 11-2-2011.doc   196 KB | 404 downloads
File Type: pdf Scribblar chat room text 11-2-2011.pdf   383 KB | 964 downloads
Luck occurs when preparation meets with opportunity.
  • #6,844
  • Nov 2, 2011 9:16pm Nov 2, 2011 9:16pm
Quoting AlienFrog
Did anyone save the charts posted by the celebrity visitor this morning? I was at work but I just came home and read all the comments and teaching, but it's hard to understand without the charts.

If you do (KK007??) would you please post them here? Thanks!
No. I didn't save it.
  • #6,845
  • Nov 2, 2011 9:31pm Nov 2, 2011 9:31pm
Quoting AlienFrog
Screenname, this is great! You did fix the calcs. I checked them against the posted pivots on actionforex.com and they are all within a pip. That difference is probably just the data feed, insignificant. Also eliminated Sunday data. Well done!

One question: would it be possible to make it optional to exclude Sunday data? Let's say, make a menu choice? This is what the other indi AutoPivotIndicator_ver5 does. In fact, if you could fix the calcs in AutoPivotIndicator_ver5 the same as you did in the other indi, that would be my new favorite pivot...
AlienFrog, thank you for your kind words. The version I uploaded last time did give correct results for both of us who live in US, but I found it's not correct for Asian traders. So I went ahead and fixed the bug, and came up with much cleaner calculation. However I did add one more parameter to specify start of week in addition to start hour (17 for us): start day which can be Sunday (for us) or Monday (for most Asian traders). This is necessary because of DST.

Regarding Sunday candles: 1) Is there any reason you want to add this option? Since this will distort the results for us. For Asian traders what about Saturday data (it's already Saturday there at Friday 5PM EST)? 2) Also I'm not sure if we have UseSundayData=TRUE what exactly is the calculation for all other days of the week, use local midnight as cut off or NY close?

Yes I agree with you and asos AutoPivotIndicator_ver5 has the best interface. Let me learn more about labeling/interface etc. before I write the next version.

Here's the latest version. If some Asian trader can test it I'll be grateful. I myself tested with OANDA (US) and FXDD (which always starts at NY close) using their historical data and the results match well.
Attached File(s)
File Type: mq4 PivotPoints.mq4   14 KB | 330 downloads
  • #6,846
  • Nov 2, 2011 11:03pm Nov 2, 2011 11:03pm
I just want to say thanks. I begin to use this strategy a few days ago. At first, I got much more loss than win, but after a whole night practice, I think I get the key, and then I begin to win! From yesterday to now, I trade 13 times ,and no loss!
My English is not so good, so forgive my errors in language
  • #6,847
  • Nov 3, 2011 5:01am Nov 3, 2011 5:01am
Nice little scooped up on the Aussie. Good for +30

Entered Long 1.2700, confluence M15 63ma, H1 10ma, exit RN 1.0300

Done for the day.
Attached Image (click to enlarge)
Click to Enlarge Name: 12.jpg Size: 246 KB
  • #6,848
  • Nov 3, 2011 5:38pm Nov 3, 2011 5:38pm
Quoting screenname
AlienFrog, thank you for your kind words. The version I uploaded last time did give correct results for both of us who live in US, but I found it's not correct for Asian traders. So I went ahead and fixed the bug, and came up with much cleaner calculation...
Nice mods! We have menu descriptions now!

Quoting screenname
Regarding Sunday candles: 1) Is there any reason you want to add this option? Since this will distort the results for us. For Asian traders what about Saturday data (it's already Saturday there at Friday 5PM EST)? 2) Also I'm not sure if we have UseSundayData=TRUE what exactly is the calculation for all other days of the week, use local midnight as cut off or NY close?
About "optional" Sunday data for daily pivot calcs, I was only thinking that it would be better to be able to choose, that's all. As for how to calculate it, I think you would use NY close for the rest of the week, too.

But I'm having second thoughts about it as I work more with pivots. I'm trying to see whether the actionforex.com site uses Sunday data or combines it with Friday. Their charts show pivot levels from the last few sessions but it's hard to tell. I'll look at it this weekend when it's current data.

What I want to use is what everyone else uses. I think the actionforex.com site shows this. Here's the link for convenience.

http://www.actionforex.com/markets/p...2010040848154/

Have a nice weekend!
Luck occurs when preparation meets with opportunity.
  • #6,849
  • Nov 4, 2011 4:55am Nov 4, 2011 4:55am
I think it is a very good entry...moved to BE in 20 seconds. TP is at RN 1.3800 but if it hesitates I will close manualy.

PS. Actualy it is not a Dance/Choros by the rules trade but it is still a nice entry using the S/R levels.

Attached Image (click to enlarge)
Click to Enlarge Name: FX.jpg Size: 248 KB
You are allowed to fall but you are imposed to get up!
  • #6,850
  • Nov 4, 2011 6:10am Nov 4, 2011 6:10am
Quoting iero4
I think it is a very good entry...moved to BE in 20 seconds. TP is at RN 1.3800 but if it hesitates I will close manualy.

PS. Actualy it is not a Dance/Choros by the rules trade but it is still a nice entry using the S/R levels.

Attachment
Hi iero4,

Why not join our chatroom?

Emailed you.

kk007
  • #6,851
  • Nov 4, 2011 9:12am Nov 4, 2011 9:12am
Quoting kk007
Hi iero4,

Why not join our chatroom?

Emailed you.

kk007
What chat room?

Sorry, I' ve been away for some days and a have lost many scenes here...

P.S. Where is the link to chatroom????
You are allowed to fall but you are imposed to get up!
  • #6,852
  • Nov 4, 2011 10:21am Nov 4, 2011 10:21am
Quoting iero4
What chat room?

Sorry, I' ve been away for some days and a have lost many scenes here...

P.S. Where is the link to chatroom????
http://www.scribblar.com/4qxy4df
  • #6,853
  • Nov 7, 2011 3:18pm Nov 7, 2011 3:18pm
Quoting iero4
I think it is a very good entry...moved to BE in 20 seconds. TP is at RN 1.3800 but if it hesitates I will close manualy.

PS. Actualy it is not a Dance/Choros by the rules trade but it is still a nice entry using the S/R levels.

Attachment
i think you can hardly apply any system to that mess of a market lately, i wouldnt complain for any gains.
  • #6,854
  • Nov 7, 2011 8:54pm Nov 7, 2011 8:54pm
Quoting asos101
i think you can hardly apply any system to that mess of a market lately, i wouldnt complain for any gains.
Last Friday was very difficult. I was BE...
  • #6,855
  • Nov 8, 2011 5:58am Nov 8, 2011 5:58am
hi... can someone kindly tell me, is the market fuk'd these days? or is it just me?
'To get something you never had, you have to do something you never did.'
  • #6,856
  • Nov 8, 2011 7:02am Nov 8, 2011 7:02am
Quoting crazzzzzy
hi... can someone kindly tell me, is the market fuk'd these days? or is it just me?
It is NOT you.......
  • #6,857
  • Nov 8, 2011 8:22am Nov 8, 2011 8:22am
I have been studying The Dance System and watching for a couple of weeks now. Prior I was using a system that I could not generate any profit on. Just wanted to share my first trade, which was a small winner. But, to me it was a big winner, because it all came together as has been described, made perfect sense and, well, it made money
I took a 10EMA touch trade.
Sorry for not capturing at the setup, I was just too amazed. I don't think I believed it was actually working. In future I will capture them right....
For me this is like a new business tacking up their "First Dollar Ever Made". In fact I might just do that, to remind myself that with work and perseverance this can be successful (I shouldn't get to over the top just yet though....)
I plan on coming back, thanks.....
If anyone has any comments both good or bad please feel free to share. I need to learn a lot more before I go claiming I know what I am doing.....
Attached Image (click to enlarge)
Click to Enlarge Name: FirstTouchTrade.jpg Size: 313 KB
  • #6,858
  • Nov 8, 2011 10:23am Nov 8, 2011 10:23am
trading systems available for lease?
  • #6,859
  • Nov 9, 2011 7:55am Nov 9, 2011 7:55am
Attached Image (click to enlarge)
Click to Enlarge Name: 09.11.2011.jpg Size: 314 KB


first i have taken the EU bounce off the Daily 35M in confluence with a RN, it was good for about 10 pips, mine was 9.5 pips. m1 and m5 was the reason for triggering the trade.

Next was the GU trade. After the breakthrough of the WP and DS2 the price managed to pull back to them in confluence with 15M 10 EMA. I traded it as a touch, as it can be seen on the 5M chart there was a good pin bar after this, so the trade evolved to a AAA trade. made 31 pips out of this, just above the RN there...

Total 40 pips = 2 % daily gain!

Thanks Eclayf and Kostas1 !
Better to lose opportunity, rather than capital !
  • #6,860
  • Nov 9, 2011 6:41pm Nov 9, 2011 6:41pm
I found The Dance strategy very useful for me: I am working since two days on it. Today I missed the big down move.
Here is my screen-shot:
Can I post my charts here? I want to lean this method. Is that ok if post here?
Attached Image (click to enlarge)
Click to Enlarge Name: day1.JPG Size: 147 KB
6 traders viewing now