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System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

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Invictus

  • #261
  • Nov 10, 2011 4:37am Nov 10, 2011 4:37am
Can we take the trade suppose if next bar MTF line up green and breaks the high of arrow bar?
Attached Image
Weigh well output the loss and gain And proper action ascertain
  • #262
  • Nov 10, 2011 4:37am Nov 10, 2011 4:37am
Quoting deankenny21
yes, so that is the safest way to trade, for a buy we want to take out some sellers to leave a clearer path so we fill them sellers and then move up get a green candle momentum then pushes it up.
Im worried people are now going to be trading every BO of all green MTF lining up etc without also looking at price action

Dont forget Udine and I been trading this way, before this thread was created.
Also i didnt hve the arrows either. So you also got to ask yourself can you trade this without the arrows?
I don't want to trade out of your rules. The problem is (as Udine said), with different brokers we can or we cannot have arrows. With MTF indicators, I saw the barcount in history of the charts is a factor too...

So, I'm waiting for Udine's final word

Resuming: Trade the first candle all signals aggree, or trade only when (in our charts) the arrow appears?
  • #263
  • Nov 10, 2011 4:38am Nov 10, 2011 4:38am
Quoting iwontsmoke
dean i am saying exactly the same thing. please check my screen shot.

there was no arrow because if you check the code :

if(mLineUp == 6 && PriormLineUp != 6 && RmUp > RmLmt && atr1 > atr2)

it only checks the m15 HA. in this trade 4hr HA was the last one to turned from red to green. it was not the safest trade i agree. but its according to the rules. becase rules dont say 15 minute HA should be the last one that turns from red to green.
yes, i see where your coming from.
The method started from eg moving over a pivot line pulling back and failing at the pivot, then continuing in the momentum direction.

Udine the modified it magically to be even simpler, but the key is the small pullback on the chart we look at, which is signiied by a close of a red ha on the m15, then we get a move up green closed ha on 15min, with this new green 15 min candle also with it came along all the mtf lighting green, this is the safest and cleanest signal to carry momentum, as we know we just took some sellers out on only the last candle.
  • #264
  • Nov 10, 2011 4:40am Nov 10, 2011 4:40am
Much appreciated Ericjschroed,
I look forward to your historical arrow indy.
Thanks for your contribution!
236dave

Quoting ericjschroed
Like I said, direct coding questions to me since I did the indicator. I put it on my 4 digit broker and the 5 and I do not get arrows on the 4 digit broker, so need to figure that out too. And yes I am working on a historical indicator to show past entries however, I am seeing the H4 HA change on the previous bar after the fact so maybe that's the issue. Just follow the rules people; the indicator is supposed to help, not make your decisions for you. I will try to make it better.
  • #265
  • Nov 10, 2011 4:40am Nov 10, 2011 4:40am
Quoting Aztrader2
I don't want to trade out of your rules. The problem is (as Udine said), with different brokers we can or we cannot have arrows. With MTF indicators, I saw the barcount in history of the charts is a factor too...

So, I'm waiting for Udine's final word

Resuming: Trade the first candle all signals aggree, or trade only when (in our charts) the arrow appears?
doesnt matter what broker you are on for the 15min HA colour
  • #266
  • Nov 10, 2011 4:41am Nov 10, 2011 4:41am
Quoting usasa
Can we take the trade suppose if next bar MTF line up green and breaks the high of arrow bar?
Some posts before Udine said: when we have a signal, and M15 turns opposite, the signal is invalid... We must wait for a new signal bar
  • #267
  • Nov 10, 2011 4:42am Nov 10, 2011 4:42am
Quoting Aztrader2
Some posts before Udine said: when we have a signal, and M15 turns opposite, the signal is invalid... We must wait for a new signal bar
yes that is correct, the signal is now invalid as we have a red ha on the 15 min, we wait for a fresh one.
  • #268
  • Nov 10, 2011 4:42am Nov 10, 2011 4:42am
Quoting Aztrader2
Some posts before Udine said: when we have a signal, and M15 turns opposite, the signal is invalid... We must wait for a new signal bar

Oh yeah.. yes. Thanks
Weigh well output the loss and gain And proper action ascertain
  • #269
  • Nov 10, 2011 4:43am Nov 10, 2011 4:43am
Quoting deankenny21
doesnt matter what broker you are on for the 15min HA colour
Udine said it....
and the truth is some people has arrow and other not.... why?
  • #270
  • Nov 10, 2011 4:43am Nov 10, 2011 4:43am
Hi all,
for everyone who has problems with the trade entry, just add the standard bollinger bands indi with the settings: 30,0,1,close to your chart.
Ifyou have an entry signal AND the signal candle closes outside the bands, it is a very good entry.

Udine, i don`t want to manipulate mess up system/thread but i think this could help some people who still are not sure when to enter a trade.

Cheers
  • #271
  • Nov 10, 2011 4:45am Nov 10, 2011 4:45am
Quoting Aztrader2
Udine said it....
and the truth is some people has arrow and other not.... why?
because of the H4, 4 hours can be interpreted differently, so we will have different 4hr results

but as for the m15 we will all have the same chart in front of us
  • #272
  • Nov 10, 2011 4:45am Nov 10, 2011 4:45am
Quoting Marlin Man
Thanks for that advice Aztrader. You're exactly right!
Anyway you should have taken some pips....right?
  • #273
  • Nov 10, 2011 4:46am Nov 10, 2011 4:46am
infact, im going to say theres nothing wrong taking a signal bar that is not fresh after a pullback, if it brings you results excellent.

Just for my personality and trading style, i like the fresh candle after some sort of pullback small or large doesnt matter, as long as my signal comes straight after a opposite 15min ha then i know fresh momentum awaits
  • #274
  • Nov 10, 2011 4:47am Nov 10, 2011 4:47am
Quoting deankenny21
because of the H4, 4 hours can be interpreted differently, so we will have different 4hr results

but as for the m15 we will all have the same chart in front of us
It's ok bro!
  • #275
  • Nov 10, 2011 4:51am Nov 10, 2011 4:51am
Quoting deankenny21
infact, im going to say theres nothing wrong taking a signal bar that is not fresh after a pullback, if it brings you results excellent.

Just for my personality and trading style, i like the fresh candle after some sort of pullback small or large doesnt matter, as long as my signal comes straight after a opposite 15min ha then i know fresh momentum awaits
it is definitely safer that way.
  • #276
  • Nov 10, 2011 4:54am Nov 10, 2011 4:54am
Quoting 236dave
Invictus,
Just read through your thread, many thanks for sharing your system!
I too am in sales, and fed up with the rat race, hopefully you have found a way out.

For my own confidence, it would be great if Ericjschroed could code an indy to show past arrows, I could then do a visual backtest.
BTW - I am not doubting the system, its just that I am limited to sitting in front of my computer due to work commitments.

Thanks again
236dave,

send him a pm and maybe if you ask him nicely

Udine.
Sleep less, live fast, as it aint gonna last
  • #277
  • Nov 10, 2011 4:56am Nov 10, 2011 4:56am
Quoting Aztrader2
So, we can trade also if arrow doesn't appears and other signals aggree, or we must wait a pullback red(for long) as Deankenny said?
Aztrader,

trade according to the rules I gave you, this is not a get rich quick scheme. This could build your financial future.

Take it one trade at the time. 1 % a day to your account and you'll be fine.

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #278
  • Nov 10, 2011 5:02am Nov 10, 2011 5:02am
Quoting deankenny21
this is what i mean, check earlier on this chart, i put 2 vertical red lines, inbetween those red lines look for how long and how many times all MTF was red, would you really take that many trades? this is why i wait for a green small or big whatever first then the red to confirm with all mtf.
Dean,

between those red lines, were three trades, nothing more nothing less.

there is no other way to trade with my rules.

Udine
Sleep less, live fast, as it aint gonna last
  • #279
  • Nov 10, 2011 5:04am Nov 10, 2011 5:04am
Quoting TheMorpheus
First of all thanks for sharing this system!
I took the trade a little late but I made 20 pips
There was no arrow in my chart.
https://lh4.googleusercontent.com/-W...20titolo-1.jpg

P.S.
Ottimo lavoro Udine, continua cosė!!

Grazie,



Udine
Sleep less, live fast, as it aint gonna last
  • #280
  • Nov 10, 2011 5:04am Nov 10, 2011 5:04am
Quoting Udine
[size=2]I only trade the EU & GU as they give me all I need.

I get between 3 - 5 possible trade setups per pair per day. which means 6 - 10 possible trades per day. This is perfect for me as due to my workload I miss several of them during the day.

I trade from 08:00 - 18:00 CET (07:00 - 17:00 GMT) Frankfurt open until London close. This is wintertime in Europe, so no point in discussing trading hours. If you cannot figure this one out....

I will show a complete chart here, but it is a demo account. I have during my demo period let several...
Sorry Udine, who said wanna get rich quick? And I surely aggree 10 pips are enough!
I just want be sure to trade the right way your great system!

So, in first page there are your examples: as I see, you took one trade (n.3 perfet trade as you said) at first all green signals and not after a pullback.... and not speaking about arrows. So I did in my trade I posted before...
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