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System Test: Invictus V Fratelli

  • #121
  • Nov 20, 2011 12:58am Nov 20, 2011 12:58am
Quoting jmflukeiii
I was just going to say, its unecessary. It just is a visual reminder that price has turned at a certain point which you can see by, as you guessed it, just looking at the price.

I'm interested to see your revisions.
Just to give you an example go back over your charts, and trade with just the white arrows ignoring the Sidus, and you can see the potential
  • #122
  • Nov 20, 2011 7:27am Nov 20, 2011 7:27am
Sneak Preview of v1.2 Fratelli

Finished testing of EURJPY on V1.2

Some fantastic results, very exciting stuff, stay tuned
  • #123
  • Nov 20, 2011 7:35am Nov 20, 2011 7:35am
im a little bit upset with invictus and the lack of transparency from the op compated to Peter over at Fratelli, you can always tell alot from something from the owner.
Im worried for the new traders there getting lead into a false sense of security.

thurs 2 trades shown up wth all rules met, so i entered and both were losers, i posted these on the thread and he said itss 11:30 am london go to lunch so no good trading here, then the next day same 11:30 2 trades lined up but this time, not all the rules were met, 1 rules was broken, they turned out winners, then the owner come running in AFTER THE EVENT and shouted i got 2 winners, i got my daily goal for the day im a winner thank you and goodnight, so after what he said thurs, u really think he wouldve took these trades, even rules were not met, so they were even worse than thurs trades to look at before you took them, obvious fakery, disgusting practice, and leading poor little traders into getting burnt, with a false sense of security.

And this is why i started this. because unlike me, check my SUPPPLY AND DEMAND thread for proof, everything i posted with my personal method, as shown hours before the trade took place ,win or lose. I got 33 calls in a row on my thread all winner, every single one shown before the trade was opened. I get a bit aggrevated by systems being shown and always text like this

"i get 20% per day, hardly any losers 90%" blah blah blah

anyone can type this, so this why i brought this thread to life, hopefully to get some of those newbies in a false sense of security to see the transperency of a system, with clean and HONEST results taken with the system.
I hope people find this thread informative and appreciate its honesty.
I post screenshots of account im trading with, and all this etcetc

I wish owner of invictus would do the same, but states i dont need to share this with you
But he is willing to share is WHOLE METHOD
dont need to be a psycologist here to smell the fishiness
  • #124
  • Nov 20, 2011 8:25am Nov 20, 2011 8:25am
Quoting deankenny21
im a little bit upset with invictus and the lack of transparency from the op compated to Peter over at Fratelli, you can always tell alot from something from the owner.
Im worried for the new traders there getting lead into a false sense of security.

thurs 2 trades shown up wth all rules met, so i entered and both were losers, i posted these on the thread and he said itss 11:30 am london go to lunch so no good trading here, then the next day same 11:30 2 trades lined up but this time, not all the rules were met, 1 rules was broken, they turned...
Great work you are doing here, great work. Congratulations! See you at Fratelli's thread with new version starting for tomorrow. Will we have it tonight?

Thank you
  • #125
  • Nov 20, 2011 8:28am Nov 20, 2011 8:28am
I totally agree with you, deankenny, I feel you got the right attitude and I really appreciate all you do here! Following you closely...
I don't say
  • #126
  • Edited 9:49am Nov 20, 2011 9:27am | Edited 9:49am
Thank you for the effort, and I agree with your Invictus statement above. I take pictures of all my trades as I place them and exit as a means to review my trades at a later date and better myself - its quite a simple practice and could easily help a thread/system creator verify his results. Or at least post a statement....

As for trading all the white arrows.... that would just be an EMA crossover indication, correct?. I assume you have some other rules in place.
Small disciplines repeated with consistency lead to great achievements.
  • #127
  • Nov 20, 2011 11:10am Nov 20, 2011 11:10am
Quoting jmflukeiii
Thank you for the effort, and I agree with your Invictus statement above. I take pictures of all my trades as I place them and exit as a means to review my trades at a later date and better myself - its quite a simple practice and could easily help a thread/system creator verify his results. Or at least post a statement....

As for trading all the white arrows.... that would just be an EMA crossover indication, correct?. I assume you have some other rules in place.
of course other rules are in place lol.
Few my few years of experience, i have found that the simpler it is the more profitable it is, take technical analysis for example, i used to paint gartleys, 7000 trendlines, 200 fib studys, head and shoulders, triple tops all onto one chart, and never get a proftable trade,
then i discovered supply and demand, a naked chart with nothing but one horizontal line where i will put an order, now thats my bread and butter.

So as for mechnical systems like these, i have found overcomplication, such as some i see on here, just sends u in way too late and the battle is over, so reduce everything have a moving average or 2 and a confirmation of where price closed can lead to wonders compared to over use of indicators.

the proof is already showing currently now there are 55 ppl viewing Fratelli and only 10 ppl viewing invictus
  • #128
  • Nov 20, 2011 12:32pm Nov 20, 2011 12:32pm
Quoting deankenny21
of course other rules are in place lol.
Few my few years of experience, i have found that the simpler it is the more profitable it is, take technical analysis for example, i used to paint gartleys, 7000 trendlines, 200 fib studys, head and shoulders, triple tops all onto one chart, and never get a proftable trade,
then i discovered supply and demand, a naked chart with nothing but one horizontal line where i will put an order, now thats my bread and butter.

So as for mechnical systems like these, i have found overcomplication, such as some i see...
lol... yes it was somewhat of a rhetorical question... but I agree. Even on all my "system" charts, simple horizontal lines are the final judge of a trade. Maybe occasionally a three drives diaganol line, however, those usually just end up at another horizontal line thus negating the need for anything other than, you guessed it, horizontal lines.

I do find these systems fun though - except for ones that lose you money, of course. The real problem is when a good trader can't make a system make money, such as the one you mentioned above.... because a good trader can usually make any system make money. (This is a comment on the system, not you, because I lost money as well fiddling with the aforementioned system thinking that all that other garbage on the chart would somehow prove that a breakout would occur instead of a fakeout - I don't think it does and hence, no need for all that other garbage on the chart to trade that way).
Small disciplines repeated with consistency lead to great achievements.
  • #129
  • Nov 20, 2011 3:05pm Nov 20, 2011 3:05pm
Peter has released his latest version of Fretelli Intra-day Trading system, looks very exciting, to check it out click
http://www.forexfactory.com/showthread.php?t=325942
  • #130
  • Nov 20, 2011 6:53pm Nov 20, 2011 6:53pm
Quoting deankenny21
im a little bit upset with invictus and the lack of transparency from the op compated to Peter over at Fratelli, you can always tell alot from something from the owner.
I wish owner of invictus would do the same, but states i dont need to share this with you
But he is willing to share is WHOLE METHOD
dont need to be a psycologist here to smell the fishiness
===================
Great observation. Great thread. Subscribed. Nice to see people having the time and wisdom to honest testing two systems without bias.

I had my doubt on Invictus the first day I heard of the system, and raised my concerns regarding the 1-hour and 4-hour MTF HAS repainting issue and got attacks left and right. But I do not care about the attacks, and I believe people will eventually know that in the long run, Invictus will not work as stated.

People got excited about the 90% win rate over the Invictus. And if you take the bad R:R into consideration, and you may be able to break even with 90% win rate if you are lucky. Forget about other stuff like Spread, Slippage, and Dealer-Desk tricks. I have no idea where that 90% coming from with all these no trade rules on lunches, coffee time, Pivots, S/Rs and round numbers, etc. They are adding new no-trade rules every day.

Thanks for opening up this thread, and I believe you are doing a great service to the FF community. Keep up the great work. Thanks.
  • #131
  • Nov 20, 2011 10:44pm Nov 20, 2011 10:44pm
hello dean ,can you show me a picture from the fratelli 1.2!thank you
  • #132
  • Nov 21, 2011 1:03am Nov 21, 2011 1:03am
wow been up for 1 hour, what a quiet morning, Eurusd very tight, very very slow, hoping for a bit of a kick into London
  • #133
  • Nov 21, 2011 1:10am Nov 21, 2011 1:10am
Quoting deankenny21
wow been up for 1 hour, what a quiet morning, Eurusd very tight, very very slow, hoping for a bit of a kick into London
Yah tell me about it... i think I just fell asleep on my keyboard for a bit...

I keep thinking my renko chart lost its connection.....
Small disciplines repeated with consistency lead to great achievements.
  • #134
  • Nov 21, 2011 1:35am Nov 21, 2011 1:35am
ok, can anyone help as i never used IBFX, the pivots for today on invictus, are only like 8 pips apart, because its counted sunday open as 1 whole day

but on fxpro it doesnt do a sunday so pivots are fine over there.

how can i get around this
  • #135
  • Nov 21, 2011 1:43am Nov 21, 2011 1:43am
Got a sell open on EURJPY with FRATELLI stop safe now, will update accordingly
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  • #136
  • Nov 21, 2011 1:47am Nov 21, 2011 1:47am
So the race has started FRATELLI comes flying out the blocks with a quick and easy 20 pips on eurjpy lovely jubbly
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  • #137
  • Nov 21, 2011 1:48am Nov 21, 2011 1:48am
know, this time i am online
  • #138
  • Nov 21, 2011 1:48am Nov 21, 2011 1:48am
Quoting deankenny21
Got a sell open on EURJPY with FRATELLI stop safe now, will update accordingly
I took this one too, just hit tp of +20
  • #139
  • Nov 21, 2011 1:48am Nov 21, 2011 1:48am
have you skype?
  • #140
  • Nov 21, 2011 1:52am Nov 21, 2011 1:52am
Quoting zpiders
I took this one too, just hit tp of +20
havent got my pviots right today on invictus need some help with sunday candles

but i took a sell with all rules met according to my fxpro broker
EA took me out for+3.8 pips, not bad i suppose, moved up to like +8.8 was close to the mighty 10 pips but not quite.
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