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System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

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Invictus

  • #901
  • Nov 12, 2011 7:05am Nov 12, 2011 7:05am
If you like the system great!

If you don't like the system, Great!! Move along ........

There is no money being charged here, just your time in demo testing to prove to yourself.
Simplicity is the ultimate in sophistication ~ Leonardo Da Vinci
  • #902
  • Edited 7:52am Nov 12, 2011 7:33am | Edited 7:52am
Quoting Udine
Timeframe: 15M
Pairs: EU & GU
Trading hours: 08:00 - 18:00 CET (07:00GMT - 17:00 GMT) Frankfurt open - London close

General indicators:
- Market panel clock
- Market panel display controller
- Candle time THV
- FFcal Headlines
- iParamonWorktime
- daily open line

Indicators:
- OHLC bars
- Invictus 3 zz semafor
- MTF HAS

Scripts:
buy script
sell script

EA:
Invictus is a simple trailing EA

I will not supply a template, as I believe that you have to something yourself, and not be spoonfed...

Hello,

Very nice strategy Udine ,congratulations.

I have a few question if you can help me or someone else from you traders like magft or Dagober
:

1. What is this indicator INVICTUS MTF HAS ADR? This looks very nice,do you have inside ATR and EMA or something like this?

2. I can see inside of this you use time:
int BeginTradingHour = 7;
int EndTradingHour = 17;

Does this means this indicator do not work after 17:00 h? If this is true, please can you change this, I would like to have one it works non stop 24h daily?
I would like to test this indicator on H4 but looking on M15, while it is green (H4) i would be in long but while it is red i would be short. I would not look for H1 and M15. I'd only see the first column H4.
Do you know, does this indicator repaint?

Thank you in advance.
  • #903
  • Nov 12, 2011 7:49am Nov 12, 2011 7:49am
Quoting newnew
Hello,

Very nice strategy, congratulations.

I have a few question:

1. What is this indicator INVICTUS MTF HAS ADR? This looks very nice,do you have inside ATR and EMA or something like this?

2. I can see inside of this you use time:
int BeginTradingHour = 7;
int EndTradingHour = 17;

Does this means this indicator do not work after 17:00 h? If this is true, please can you change this, I would like to have one it works non stop 24h daily?

Thank you in advance.
1. multi time frame heiken ashi with adr+atr
2. you can comment the code where it checks .. like .. if(begintradinhour== ....
  • #904
  • Nov 12, 2011 7:55am Nov 12, 2011 7:55am
Quoting iwontsmoke
1. multi time frame heiken ashi with adr+atr
2. you can comment the code where it checks .. like .. if(begintradinhour== ....

Thank you, but i do not know about code anything, please if you can help me!
I would like to test this indicator on H4 but looking on M15, while it is green (H4) i would be in long but while it is red i would be short. I would not look for H1 and M15. I'd only see the first column H4.
Do you know, does this indicator repaint?

Thank you in advance.
  • #905
  • Nov 12, 2011 8:04am Nov 12, 2011 8:04am
I think Precisiontra has been a bit harsh with his comments, I believe most of us, if not all of us are aware of the repainting, but that doesn't mean the system has no merit. Udine has shared his system for free and Eric is giving free coding support, we have to thank them for this.

Regarding the repainting, that was the reason I requested past arrows to be shown. I would not expect all of these arrows to match up with a full set of green or a full set red histo blocks, when looking back in time. But the arrows would tell us when in real time,ie at the closing of that 15 minute segment that they had been all green or all red, aswell as all of the other criteria being met. This would be really useful for a visual backtest.
236dave


Quoting ericjschroed
Working on it but it didn't work the first time and I haven't gotten back to it yet. I will soon.
  • #906
  • Edited 2:08pm Nov 12, 2011 8:34am | Edited 2:08pm
Hi there!

It looks like great strategy,but since it's the first one I'm going to try I've got couple of question.I don't want to look lazy but It seems I won't be able figure it out without your help guys.If you could give me at least a clue I'm more than happy to do my own research.I just want to understand underlying dynamics of this system so I would be able to follow it being conscious of what I'm actually doing.

1.What does the xADR green & RmUp/Dn green stands for?What are these abbreveations?Where can I read about them?

2.Although there was explatation of signal bar can someone give me some more explanation about this and breaking out?

I will be very grateful if someone can help me!
  • #907
  • Nov 12, 2011 8:46am Nov 12, 2011 8:46am
Quoting precisiontra
EDIT: By the way, just to let you know that all of my simulated MTF indicators mentioned in the previous posts are originally derived from the HAS smoothed indicator and some other MTF trend/momentum indicators without stepping effect and repainting issues. I guess my simulated MTF indicators are ahead of his thread by 6 months. But again, he may have some working ultra MTF indicators working long before his thread.
the repainting issue has been raised many times BUT the arrows that appear do so when all rules are met and all MTF is same colour now if in the next 3 hours the 4hr changes colour the arrow "WILL NOT" dissapear, so we know looking back that the arrow that is there was put there correctly with all rules met in real time even though looking back the MTF does no longer line up
  • #908
  • Nov 12, 2011 9:30am Nov 12, 2011 9:30am
Quoting zznbrm
precisiontra,

You are absolutely correct in your analysis of the MTF indicators. As you have done in this thread, I've previous tried numerous time to explain this situation. I have learned two things about this topic:

1) People don't care. A few do because they take the time to research and understand what you are saying. But for the most part, it goes in one ear and out the other. Why? Because they do not take the time to understand what you are actually saying. All they hear is "your system sucks!" even though that is certainly not...
actually nope he did not helped on anything. he already told what is known and discussed here and other threads before. backtest is not reliable with repainting indicators and we know it.

What he has done here is he just told what we know and his attitude was offensive. I find it very offensive when some one act like he invented the wheel and he thinks everybody is stupid and cant see it.

If you want to be helpful first you read the whole thread and first look if it has been discussed before and not. Then if you can improve it and if you want to really help; post your improvement and also tell us how much you improved it with data.

You can say why should someone do all this work and put it here. Thats my friend is the distinction between feeding your ego or really trying to help and give something to the community..
  • #909
  • Nov 12, 2011 9:30am Nov 12, 2011 9:30am
Everything in life requires due diligence. That means reading the ENTIRE thread as well well as forward testing. Both of which I have done and think precionista has failed to do.

1. You asked for examples of immediate live trades. There are plenty of them had you looked.

2. Two factors help overcome the recalculating issue. The breakout and the duration of the trade. The breakouts keep the higher tfs in your favor.

3. This cannot be backtested and images posted well after the signal cannot be tested. You are right on this point.

4. Never take r:r in isolation. R:r plus win rate is what youre looking for.


Nobodys word is as great as your own. Do your homework otherwise you only got yourself to blame. With that being said, ive been testing this in real time and so far, it has some real merit to it. Time will tell if it holds.

I have this indicator that takes screenshots at specified intervals to help with everyones testing while away from the computer. Once I get bavk on a comp, , ill upload it.
  • #910
  • Nov 12, 2011 9:43am Nov 12, 2011 9:43am
even without the repainting issue backtest will not be reliable %100 percent..

why?

1. metatrader simulates the tick data. it fills missing data and assumes it really happened like that..
2. backtest will never show you what happened at the market (news? bank holidays etc..)

with 1:2 ratio these makes a huge impact on the outcome.

for example yesterday i have not trade whole day because of friday and bank holidays. this is very subjective and you can not back test your realtime feel of the market.

but this subjective things makes a system %90 accurate or fail.
  • #911
  • Nov 12, 2011 10:05am Nov 12, 2011 10:05am
i can confirm with this method i have 83% accuracy win rate of positive trades BUT regarding balance i am in the minus because of the poor RR.

but i keep A journal/tradelog of every trade to see if i can improve the RR to fit my style
  • #912
  • Nov 12, 2011 10:26am Nov 12, 2011 10:26am
Quoting deankenny21
i can confirm with this method i have 83% accuracy win rate of positive trades BUT regarding balance i am in the minus because of the poor RR.

but i keep A journal/tradelog of every trade to see if i can improve the RR to fit my style
This is the only one key to really see if this sistem works....

p.s. Do you use the same MM as Udine (fixed % of balance & compounding) ? I ask because compounding may keep an active balance even if pips count is negative.....
  • #913
  • Nov 12, 2011 10:31am Nov 12, 2011 10:31am
Quoting deankenny21
i can confirm with this method i have 83% accuracy win rate of positive trades BUT regarding balance i am in the minus because of the poor RR.

but i keep A journal/tradelog of every trade to see if i can improve the RR to fit my style
Are you using the ea to trail? Or going for the full tp/sl? I think the ea might hinder results. Since this is based on momentum, im testing trailing the trade right out the gate to improve the r:r.

5pip trailing is to close to comfort for me. However, over time, im sure it has kept Udine safe from some losses.

I trade using vsa and after two years of trading, Ive decided to add a mechanical system to take away the subjectiveness and to diversify. Its between thus and another system and im really liking this one.
  • #914
  • Nov 12, 2011 10:35am Nov 12, 2011 10:35am
Quoting Aztrader2
This is the only one key to really see if this sistem works....

p.s. Do you use the same MM as Udine (fixed % of balance & compounding) ? I ask because compounding may keep an active balance even if pips count is negative.....
yes i strictly trade with risk % of balance, if a stop is 10 pips i will lose exactly the same amount if the stop is 200 pips
  • #915
  • Edited 12:19pm Nov 12, 2011 10:40am | Edited 12:19pm
Quoting zznbrm
precisiontra,

It is a shame really...he has actually helped you, but nobody cares.

Good luck with your strategy.
We can happily do without such kind of help.....
If someone has an irrefutable method to backtest repainting (recalculating) indi's is welcome....
Otherways can stay away from this thread and stop teaching us things we already knows....
  • #916
  • Nov 12, 2011 10:50am Nov 12, 2011 10:50am
The indicator repaints, so what? As we all have said a few times now (and I thought he listened and said he was done whining a couple pages ago?), it doesn't matter anything after the two bars where the trade is placed. The trade will either work immediately, never get filled, or fail, in that time frame. Yes we understand you can't backtest it. Jesus christ, I hate people that say things over and over again not making their point any more valid. I can't wait till he opens a thread and I'm just going to go harass him with obvious and continuous observations of things that don't matter.
Small disciplines repeated with consistency lead to great achievements.
  • #917
  • Nov 12, 2011 10:55am Nov 12, 2011 10:55am
Hi
long time lurker, first post.
Nice system udine - i'm trading a similar system since a few months on a live account. The repainting discussion is bogus - it doesn't matter - because the MTF HAS shows us the actual momentum.

I'm not able to post my complete system because one indicator (Dynamic Zone T3 Trix) is from the Elite Section of FSD but attached you will find my template + the other indicators.

Stick to the rules of udine with a few exemptions:
- Timeframe 5m
- Pairs: AusUsd, UsdCad, EurJpy, GpbUsd, EurUsd
- Ignore the Pivot rule
- Ignore the breakout rule -> means: trade the next candle after the MTF HAS Signal
- Always wait for the HAS Signal
At open of the next candle:
- Buys: both THV Trix blue, Dynamic Trix >= 0 but not in the overbought zone (Signal line above upper line)
- Sell: vice verca

SL 17 / TP 10

pezee
Attached File(s)
File Type: zip udine5m.zip   98 KB | 679 downloads
  • #918
  • Edited 11:49am Nov 12, 2011 11:32am | Edited 11:49am
Ok here is my first update of the Invictus Alert indicator, and this is my updated checklist:

NOTE: requires Heiken Ashi.ex4
* fix arrows (distance)
* allow for 4 and 5 digit brokers
* ATR/ADR color
* trading hours
* corner position
* spacing
* email alert
* reverse HA order
* (?)current bar alert option
pivot awareness option (sunday data problem), GMT
remove arrow if color change?
news alert option?
London lunch?
round numbers?
higher TFs
historical arrows

Items with * are done, others are not, maybe never depending on difficulty.

The arrows should now show up close to the bar regardless of 4 or 5 digit brokers, and anything else (ATR, ADR) is calculated on real pips (like 4 digit broker) not on stupid micro-pips.

I set the default untradeable color for ATR and RmUp or RmDn to be Black so you won't even see it (if your background is black) unless it meets the rules and then it's bright green so if you don't see it, don't trade.

I set the trading hours to be visible so you can pick your own to match your chart times. If you restrict the hours, like 7 to 17, you just won't get any arrows outside that. For full clock use 0 and 24.

You can put the ATR/ADR text in the upper left or lower left but not on the right. Too much trouble for now. Also I added an option for 2 Line display because I like it that way if I have 2 charts side by side.

I added a common spacing distance you can change, between all the text and changed the calculation for all the text locations so nothing should ever overlap.

Added email alert.

I like the lower TFs on top so you can reverse the MTF if you want.

I added an option to alert on the current bar if a setup is forming but obviously haven't tested it yet because of the weekend. See on Sunday/Monday.

Not Done:
I could add distance to pivot lines but have to decide how to handle it and whether to include GMT shifting for pivot calculations.

remove arrow? maybe, I don't know.

News alert in real time is possible using FF Cal (the one on my chart) but you might have to actually use it on yours.

other items are less important (higher TFs for the one or 2 people who asked is a bit trickier so not any time soon). However I too, would REALLY like to get the historical arrows working but that might require a separate indicator from the alert.

see pics. note text is black in ATR. pic2: 2line display (also works at top). pic3: reversed MTF

If/when it's finished and Udine approves it perhaps he will add it to the first page, maybe renamed v.2 or something.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screen1.JPG Size: 69 KB
Click to Enlarge Name: screen2.JPG Size: 69 KB
Click to Enlarge Name: screen3.JPG Size: 60 KB
Attached File(s)
File Type: mq4 MTF_HA_ADR.mq4   18 KB | 664 downloads
  • #919
  • Nov 12, 2011 12:07pm Nov 12, 2011 12:07pm
Hi everyone,


This system will and could tag 80+% success ratio IF it wasn’t for RANGE market, which where most mechanical system as such fail by producing fake out signals in this zone. Ranging time of PA consumes at least half if not more of the whole market time and it can range or trend at anytime, we just don’t know, when, where, how, why. This system simply is a Trend following one.. as you all witnessed on Friday when market broke out of range in NYS session that’s when green pips start to roll in, +10 in the bag in matter of minutes.. but prior to it at best was a breakeven game or worse due to chosen RR for this system.


Trail stop is great for damage control, but its got its benefits as well as it’s down falls.. I personally think if a system is built around spotting momentum for a quick release of +10 banks, then the trail stop is not even needed and it could only hurt the system but a conservative one in place is a good back up to lessen the full damage.. eg.. lose 10 instead of full 20 but not to a aggressive one to get in way of a potential profit by premature kick out.


The repainting issue is none sense in my opinion.. this is, trade the now moment, and it’s a FIFO.. so who cares. System is fundamentally sound and by one look it’s obvious, no need for history check.. some people say it takes months and year to forward test, but I say its way better than back testing hundreds of systems and take years to stick to one to make it your own if you have not quit yet by then.(no offense to anyone)



So, if you concur with me so far.. what do we have to do about the range thing?.. well, I think Mr. Udine already has taken care of that too.. but it’s laid on the least paid attention indicator.. and it’s the only part that it is not part of the firm mechanical aspects and it requires Traders sense.. sense for PA. Its the semafor indi, ya those little ball thing.. lol.. that’s what will save you from false signals during direction-less market, AKA range zone.. what they do is to show you HH,HL,LL,LH.. after all confirmation in line, you got to make one last check on HL,LH to see if you have it which lead you to trading with the intended young direction of the PA.. if its not there, to reject that signal immediately.


Anyways, that’s my humble 2cent about the system.


Now I add one last thing just for the purpose of effort to not be wasted.. since the important part of success (IMHO) could rely on the explanation found above.. the dear members who are trying to make a EA out of this system, must somehow in place this part (mechanical-less) in the EA, otherwise it would be a sub par system at best.. I am not sure it can be done.. again IMHO.


In summery.. the system introduced by Mr. Udine is a solid safe high accuracy system to get you to a consistent +10 daily average goal manual trading.


Udine, well done and thanks for your effort and generosity.
(about getting around the range thing, I got other ideas might worth listening to, if you’re interested we could talk off line to bring it in upon your approval)



Green pips to all.
  • #920
  • Nov 12, 2011 12:07pm Nov 12, 2011 12:07pm
WoW......Ericjshroed.....wasn't expecting so much so soon. It is greatly appreciated!!
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