Forex Bible System | Page 21 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Trading: Incorporating Price Behavior into a Forex Trading System 4 replies

Forex Deconstruction System (A Mr. Mark So inspired system) 13 replies

Traders Bible > ArtVor 2 replies

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

Attachments: Forex Bible System
Exit Attachments

Forex Bible System

  • #401
  • Nov 19, 2011 8:05am Nov 19, 2011 8:05am
Quoting exking
Hi,
It's been two weeks that I'm checking this system on 5min E/U with some changes, I've added "MACD In Color" which I erased signal line and MACD line and what you see is actually OSMA in color.
I'm checking it with 15pips SL and TP and so far the results are good.
If anyone is interested in this please tell me so we can continue demoing this together because sometimes I'm not behind my PC and that can help facilitate the process. I've some rules in mind which I can share later.
My template and all indicators are here.
The pic shows today's...
Hi Exking,

i would be very much interested in demoing it as you'd suggested.., i work from my home and i am awake most of the time during the asian session, london session and most of the New York session.., Please let me know the next step to go about.
  • #402
  • Nov 19, 2011 8:27am Nov 19, 2011 8:27am
Quoting paapi
Hi Exking,

i would be very much interested in demoing it as you'd suggested.., i work from my home and i am awake most of the time during the asian session, london session and most of the New York session.., Please let me know the next step to go about.
Hi paapi,
It seems you're awake 24/7
It's great if someone like you help us, all the info are on my posts, if you have any other questions just ask, please post your trades with pics and try other major pairs if you can. Good Luck
  • #403
  • Nov 19, 2011 8:55am Nov 19, 2011 8:55am
Hi Exking,

It is just my working hours and i happen to live in that timezone, which helps me monitor all the sessions .., Ok will post the charts from tuesday on. Btw.., if u've got any other ideas as you see the settings on a daily basis.., post here., i will try them also.., Btw.., one question is fisher m11 a repainter?
  • #404
  • Nov 19, 2011 9:20am Nov 19, 2011 9:20am
Quoting paapi
Hi Exking,

It is just my working hours and i happen to live in that timezone, which helps me monitor all the sessions .., Ok will post the charts from tuesday on. Btw.., if u've got any other ideas as you see the settings on a daily basis.., post here., i will try them also.., Btw.., one question is fisher m11 a repainter?
I'm not sure about the repainting matter but as far as I test it I haven't noticed anything. About other pairs and other time-frames I think you need a different setting, I'm almost sure about other pairs that they don't work as well as E/U with this settings but about other time-frames you can check how they are.
If it continues to give good results on E/U I look forward to modify the setting for other pairs, but about other time-frames, I'm just interested in lower ones but I would be happy to hear other's results if they try to check them on other time-frames.
  • #405
  • Nov 19, 2011 9:30am Nov 19, 2011 9:30am
Quoting exking
I'm not sure about the repainting matter but as far as I test it I haven't noticed anything. About other pairs and other time-frames I think you need a different setting, I'm almost sure about other pairs that they don't work as well as E/U with this settings but about other time-frames you can check how they are.
If it continues to give good results on E/U I look forward to modify the setting for other pairs but about other time-frames, I'm just interested in lower ones but I would be happy to hear other results if they try to check them on other...
Hi Exking,

No problems.., anyways we will be forward checking the signals.., so we will know how it goes. I will check it on the lower TFs only because i'm a lover of lower TFs.
  • #406
  • Nov 19, 2011 9:42am Nov 19, 2011 9:42am
Quoting paapi
Hi Exking,

No problems.., anyways we will be forward checking the signals.., so we will know how it goes. I will check it on the lower TFs only because i'm a lover of lower TFs.
I thought you were going to test it on Daily. I got what you meant now, sorry my English is not so perfect.
Ok I'll share everything I get.
  • #407
  • Nov 19, 2011 10:06am Nov 19, 2011 10:06am
I use the Bibelsystem in H1 now over one year in real and i have never seen that one of the indicators repainted.

The rules like same as my rules.

I use trendcandles for the system too. So i can filter "bad" trades.
  • #408
  • Nov 19, 2011 11:14am Nov 19, 2011 11:14am
Quoting sissi
I use the Bibelsystem in H1 now over one year in real and i have never seen that one of the indicators repainted.

The rules like same as my rules.

I use trendcandles for the system too. So i can filter "bad" trades.
What you mean by TrendCandles?
And which rules you mean?
  • #409
  • Nov 19, 2011 11:28am Nov 19, 2011 11:28am
I mean this rules:

Quoting exking
The most powerful signals are when all conditions are met within 1 candle, that is when gold finger makes a dot and candle is closed, the fisher, flat trend and Max MACD should be in agreement on that candle and it's even better if the signal candle has crossed the HMA.
If other indicators are not in agreement when the dot appears, I wait for the next candle if met and the second candle is in direction of the trade I take it if it doesn't happen on the second candle I consider it invalid.
A friend of mine creat trend candle, with this i can filter bad trends. I cant share the indi but i think the indi in attach is like the same.
Attached Image (click to enlarge)
Click to Enlarge Name: trendcandles.jpg Size: 115 KB
Attached File(s)
File Type: ex4 smC4Scalper Candles_v3.1.ex4   8 KB | 570 downloads
  • #410
  • Nov 19, 2011 12:46pm Nov 19, 2011 12:46pm
Quoting sissi
I mean this rules:



A friend of mine creat trend candle, with this i can filter bad trends. I cant share the indi but i think the indi in attach is like the same.
I think you have a different setting with your indicator or with the golden finger because in my chart whenever a dot appears the trend candles has the same color.
A template would help, thank you.
  • #411
  • Nov 20, 2011 11:59pm Nov 20, 2011 11:59pm
After some manuell backtests, i think it is better to use the normal candles.
  • #412
  • Nov 21, 2011 3:36am Nov 21, 2011 3:36am
Quoting sissi
After some manuell backtests, i think it is better to use the normal candles.
Hi sissi,
I personally prefers normal candles cause they give me a better understanding of price action.
Today we haven't had a signal since London open.
  • #413
  • Nov 21, 2011 3:37am Nov 21, 2011 3:37am
Today i make my first 15 pips
  • #414
  • Nov 21, 2011 3:39am Nov 21, 2011 3:39am
Quoting sissi
Today i make my first 15 pips
where?

I think you were on H1, am I right?
  • #415
  • Nov 21, 2011 3:40am Nov 21, 2011 3:40am
I think we talk now about M5 ;-)
  • #416
  • Nov 21, 2011 3:42am Nov 21, 2011 3:42am
Quoting sissi
I think we talk now about M5 ;-)
You're right you took on the second candle, but that was before the London opens and I wasn't present.
why don't you post it?
  • #417
  • Nov 21, 2011 3:44am Nov 21, 2011 3:44am
Sorry, my mistake.

I start at Frankfurt open time
  • #418
  • Nov 21, 2011 3:50am Nov 21, 2011 3:50am
Quoting sissi
Sorry, my mistake.

I start at Frankfurt open time
This is it, and it was a nice rectangle before
Attached Image (click to enlarge)
Click to Enlarge Name: 2.gif Size: 23 KB
  • #419
  • Nov 21, 2011 6:22am Nov 21, 2011 6:22am
That was a signal, an 8pip trailing stop got me out by 1.9pips, but it went9.9 pips
It was counter-trend but I took it.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2.gif Size: 29 KB
Click to Enlarge Name: 3.gif Size: 61 KB
  • #420
  • Nov 21, 2011 7:44am Nov 21, 2011 7:44am
Again 15 pips in eu and 15 pips in usdchf
1 trader viewing now