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System Test: Invictus V Fratelli 541 replies

Trading the Invictus method 4 replies

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Invictus

  • #1,241
  • Nov 15, 2011 7:31am Nov 15, 2011 7:31am
Quoting indy360
moved over to my Alpari Uk demo and scripts working now!

I'll put the hammer away

too bad, I would have loved to see you on youtube hammering around

Udine
Sleep less, live fast, as it aint gonna last
  • #1,242
  • Nov 15, 2011 7:32am Nov 15, 2011 7:32am
Quoting Wally1953
Oops, news coming out right? I totally forgot about the news!! I'm short GU. BIG BOO BOO.

a little trigger happy are we ??

Udine
Sleep less, live fast, as it aint gonna last
  • #1,243
  • Nov 15, 2011 7:32am Nov 15, 2011 7:32am
Quoting smilee89
So don't trail, just move to BE after +10 pips, close half, and wait for price to reach TP (+20) or SL at BE for the second half.
Yes just that. I think trail is just not good for small amount of TP?!
  • #1,244
  • Nov 15, 2011 7:33am Nov 15, 2011 7:33am
Quoting SwingMan
You are right! Here the version with corrections: entry at the Hig/Low of the signal bars.
.
Thanks Swingman for the fast reply

Udine
Sleep less, live fast, as it aint gonna last
  • #1,245
  • Nov 15, 2011 7:34am Nov 15, 2011 7:34am
Quoting wilsonch
Udine, for the breakout of signal bar, did you only trade when it breakout the arrow bar? or you trade even the arrow is not there but other rules are filled up?

thanks

99 % when the arrow is there, sometimes also without arrow, but depends...

difficult to explain when I do and when I dont.

Better to stick to the rules first

Udine
Sleep less, live fast, as it aint gonna last
  • #1,246
  • Nov 15, 2011 7:38am Nov 15, 2011 7:38am
Quoting Udine
a little trigger happy are we ??

Udine
Yes apparently. Better be careful or I'll run out of bullets!

I managed to get out with a 2 pip loss, and it would have hit my stop, so I got lucky.
"Be the change that you wish to see in the world." --Gandhi
  • #1,247
  • Nov 15, 2011 7:42am Nov 15, 2011 7:42am
Quoting SwingMan
You are right! Here the version with corrections: entry at the Hig/Low of the signal bars.
.
good job SwingMan
worls great
is there any chance you could add a sound alert to it.
does this indicator replaces HAS adr completely?
  • #1,248
  • Nov 15, 2011 7:42am Nov 15, 2011 7:42am
Quoting mcs
Hi All,
I've rewritten MTF HAS ADR indicator in a proper way.
mcs
nice work I have problem when I load more than two previous indis..MT4 just work as slide show and now works on all sharts without any problems.

Thank you .
  • #1,249
  • Nov 15, 2011 7:44am Nov 15, 2011 7:44am
Quoting Wally1953
Yes apparently. Better be careful or I'll run out of bullets!

I managed to get out with a 2 pip loss, and it would have hit my stop, so I got lucky.

Patience,

the trades set ups come, then it is vital to analyze the risk, not think about the profit potential.

one trade with 10 pips per day is enough to make you rich.

Here is something I read on the James16 thread about testing a system:

100 pips per month

Here is an example of why trading smarkt can be the door to success. At the start of the month you decide on one or a set of pairs you want to trade.

Your goals is 100 pips for each pair for the month.

The first and all trades you take, whether it happen on the first of the month or the twentieth will be the best set up your system can give within reason. No fudging, no borderline trades for that pair until you reach 100 pips.

Now this is going to help you in several ways:

1. if your system is not viable you are going to know it very quickly
2. if it is viable you are going to build confidence and train yourself not to shotgun trades
3. if your system is any good at all you will have at least 4 or 5 winners form the first set of trades

You trade like this until you have the 100 pips per pair.

For 20 trading days a month, not counting sundays, that is 5 pips per pair.

That is not hard if you take only your best set ups regardless of how rare during the month they may be. Once over 100 pips you cannot drop below that 100 you have banked.

Lets look at the numbers:
With a 10.000 account risking 3 percent per trade with a 30 pip stop on your trades will allow you 10 mini lots.

Trading 6 pairs at 100 pips each for the month will grow your account to 16.000.

Now why not try 50 pips or even 25 pips. 25 equates into a 1.500 profit.

The main point is this: you can grow your account quickly and at the same time trade in a conservative manner. The best of both worlds !!

Now go test your system !!!

This is the attitude you need!!

Green pips

Udine
Sleep less, live fast, as it aint gonna last
  • #1,250
  • Nov 15, 2011 7:44am Nov 15, 2011 7:44am
anyone else have a loss on GU??
  • #1,251
  • Nov 15, 2011 7:46am Nov 15, 2011 7:46am
usd/cad gave a buy signal two bars ago on the 15M. I'm glad i didnt take it. immediately reversed in the next candle, and now going south.
  • #1,252
  • Nov 15, 2011 7:46am Nov 15, 2011 7:46am
Quoting oconnor365
anyone else have a loss on GU??
oconnor keep up
  • #1,253
  • Nov 15, 2011 7:47am Nov 15, 2011 7:47am
Quoting markgrejaldo
usd/cad gave a buy signal two bars ago on the 15M. I'm glad i didnt take it. immediately reversed in the next candle, and now going south.
discussed not many posts ago, i knew not to take the trade even before signal arrived, i didnt need hindsight like you do now to see it was a gd chance of being a loser
  • #1,254
  • Nov 15, 2011 7:47am Nov 15, 2011 7:47am
Quoting oconnor365
anyone else have a loss on GU??

check news before entering a trade

Udine
Sleep less, live fast, as it aint gonna last
  • #1,255
  • Nov 15, 2011 7:55am Nov 15, 2011 7:55am
Quoting Udine
Patience,

the trades set ups come, then it is vital to analyze the risk, not think about the profit potential.

one trade with 10 pips per day is enough to make you rich.

Here is something I read on the James16 thread about testing a system:

100 pips per month

Here is an example of why trading smarkt can be the door to success. At the start of the month you decide on one or a set of pairs you want to trade.

Your goals is 100 pips for each pair for the month.

The first and all trades you take, whether it happen on the first of the month...
This is very wise advice, financially and mentally. Thanks Udine.
"Be the change that you wish to see in the world." --Gandhi
  • #1,256
  • Nov 15, 2011 7:55am Nov 15, 2011 7:55am
Just a question...

usd/jpy gave this signal a few bars back. now on the 3rd bar, it's attempting to break out. if this indeed breaks out, is the signal still valid? all other factors are still in line. thanks
Attached Image (click to enlarge)
Click to Enlarge Name: usd jpy 11152011.jpg Size: 157 KB
  • #1,257
  • Nov 15, 2011 7:56am Nov 15, 2011 7:56am
Quoting markgrejaldo
Just a question...

usd/jpy gave this signal a few bars back. now on the 3rd bar, it's attempting to break out. if this indeed breaks out, is the signal still valid? all other factors are still in line. thanks
i havent touched USDJPY for couple months, its reached a road block the ADR will tell you this only 51 ADR is awful no room to trade, i wont touch this for the forseeable future unless the ADR improves
  • #1,258
  • Nov 15, 2011 7:59am Nov 15, 2011 7:59am
Quoting deankenny21
oconnor keep up
ooops !!!.....must pay attention...
  • #1,259
  • Nov 15, 2011 8:00am Nov 15, 2011 8:00am
Quoting markgrejaldo
Just a question...

usd/jpy gave this signal a few bars back. now on the 3rd bar, it's attempting to break out. if this indeed breaks out, is the signal still valid? all other factors are still in line. thanks

No this is not a valid entry. This candle must close first and then we wait for the break out.

There was a 15M green HAS, so we have to wait for the new set up

Udine
Sleep less, live fast, as it aint gonna last
  • #1,260
  • Nov 15, 2011 8:01am Nov 15, 2011 8:01am
Quoting Wally1953
This is very wise advice, financially and mentally. Thanks Udine.

You're welcome.

Do this for one month and see what happens in that month to your account and confidence

Udine
Sleep less, live fast, as it aint gonna last
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