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  • #681
  • Nov 21, 2011 3:04pm Nov 21, 2011 3:04pm
Quoting fratelli
here is 2 pictures

And I dont see any difference in opening price and closing price on trend candles vs normal candles
I think its the colour which confuse you a bit.
After some time I am sure you get it.

I hope they help you.

Peter
yes Peter, i just spend 30 mins going through and checking every value of the candle alongside a chart with normal candles all the high, low and open and close were exactly the same right down to 0.1 of a pip.

Like you said the colour is confusing people, i cant see why it would, they are indicating trend the values of them dont change, i didnt just waste 30 mins of my life to check this out, thanks, Dean
  • #682
  • Nov 21, 2011 3:06pm Nov 21, 2011 3:06pm
Quoting Caillou
Of course you can ask and my answer is of course. I know that the signal candle must close above (for longs) but my question is about the open of that candle: if this open must be on the other side of the EMA or if this condition is not a must....
I knew you been reading the rules.LOL

about what you ask I am sorry, but I am not sure if I understand your quistion.
Its not your fault, its mine, because English is not the best for my.
Ask in Danish and I can answer correct.

ok I will try answer the way I think you ask.

you can well have a candle that open below 89 ema but close above 89 ema if its green and all ohter rules are ok, take the trade.

You can also have a red candle that open above 89 ema. if that change to a green candle and all ohter rules is ok take the trade.

I dont know if its was something usefull for you.

If not please ask again and try use ohter words I hope I understand.

Sorry I try my best

Peter
  • #683
  • Nov 21, 2011 3:08pm Nov 21, 2011 3:08pm
Quoting fratelli
here is 2 pictures
And I dont see any difference in opening price and closing price on trend candles vs normal candles
Peter, sorry to be such a pain on this, but this is a critical part of the main signal.

I think Aztrader2 is right -- Value3 is the close, not Value4. But sometimes Value3 matches the price close, and sometimes Value4 matches it. The Super candle close is NOT the same as the price close.

And you are right that the PRICE crosses the EMA, pulls back, and crosses again. But looking at the Data Window for the Super candle, it says that Value3 crossed above the EMA, and DID NOT pull back when the price did. Value3 stayed above the EMA even when the price close pulled back. If you look at the Super candle "close" (Value3), there was NO SAR signal. It crossed on the first bar and never came back.

I think I will just change my charts to show the price line. That way I can tell for sure what the price did, and I'll assume that's what has to cross the EMA. That matches your example. I don't think it will always match the way you read the Super candles, but I don't think they're doing what you think they are.
  • #684
  • Nov 21, 2011 3:08pm Nov 21, 2011 3:08pm
Quoting ohammond
Yes, I realise that, and that is how I would trade it, but the reason I am going to do a backtest with all legitimate trades taken is because you might not necessarily be in that first trade for one reason or another, but you might go in the next, so a backtest needs to be done as mechanically as possible.

By the way, I did the same thing with Udine's system and found that taken overall, it was not a winning system unless you get your 20 pips for the day very early after Frankfurt open and stop for the day, or were very lucky with the trades you...
if you go to the toilet miss a trade, and a reentry appears wont be hard to quickly look back and see if u should already be in a trade, if so do NOT take the trade. if u miss it, thats it, wait for the new one. Thanks, Deankenny
  • #685
  • Nov 21, 2011 3:11pm Nov 21, 2011 3:11pm
Quoting deankenny21
if you go to the toilet miss a trade, and a reentry appears wont be hard to quickly look back and see if u should already be in a trade, if so do NOT take the trade. if u miss it, thats it, wait for the new one. Thanks, Deankenny

So... only one reentry per EMA89 cross is allowed?
  • #686
  • Nov 21, 2011 3:11pm Nov 21, 2011 3:11pm
Quoting Caillou
Of course you can ask and my answer is of course. I know that the signal candle must close above (for longs) but my question is about the open of that candle: if this open must be on the other side of the EMA or if this condition is not a must....
Probably I should let anyone else answer this question, but from what I understood until now:

1.Entry Long: Open < EMA89, Close >EMA89, GREEN STCandle, POSITIVE Macd(no matter colour);
2.Re-entry Long: WHITE UP Crossover arrow, price ABOVE EMA89, GREEN STCandle, POSITIVE Macd(no matter colour);

Reverse for short.
I don't say
  • #687
  • Nov 21, 2011 3:11pm Nov 21, 2011 3:11pm
Fratelli,

Thank you for sharing your system. I have been silently sneaking into your thread since yesterday, and fell guilty for not giving my gratitude. Now that the new version has been released with all the good potential coming from traders, I guessed it is just fitting for me to express my sincrest thank for a great system.

God Bless you,

Edd
  • #688
  • Nov 21, 2011 3:12pm Nov 21, 2011 3:12pm
Quoting garyfritz
Peter, sorry to be such a pain on this, but this is a critical part of the main signal.

I think Aztrader2 is right -- Value3 is the close, not Value4. But sometimes Value3 matches the price close, and sometimes Value4 matches it. The Super candle close is NOT the same as the price close.

And you are right that the PRICE crosses the EMA, pulls back, and crosses again. But looking at the Data Window for the Super candle, it says that Value3 crossed above the EMA, and DID NOT pull back when the price did. Value3 stayed above the EMA even...
ok to save Peters frustation i will answer this question simply!!! DO NOT CHANGE THE CHART!!! DO NOT PUT PRICE LINE ON!!!

Peter has spend ALOT of time manually visually backtesting the system AS IS!!!!! so what he saw is what we saw noe, forget the price line, if Peters results are amazingly outstanding which we have seen why start adding stuff to something that already WORKS

please just trade it as is, and dont change or add anything, simples
  • #689
  • Nov 21, 2011 3:14pm Nov 21, 2011 3:14pm
Quoting garyfritz
Peter, sorry to be such a pain on this, but this is a critical part of the main signal.

I think Aztrader2 is right -- Value3 is the close, not Value4. But sometimes Value3 matches the price close, and sometimes Value4 matches it. The Super candle close is NOT the same as the price close.

And you are right that the PRICE crosses the EMA, pulls back, and crosses again. But looking at the Data Window for the Super candle, it says that Value3 crossed above the EMA, and DID NOT pull back when the price did. Value3 stayed above the EMA even...
What value matches the Close depends only on the colour of the STCandle.Just watch closely, you will got the key.

That said, let's focus on more important things, we already cluttered some pages of this thread with a nonsense.Sorry for that.
I don't say
  • #690
  • Nov 21, 2011 3:16pm Nov 21, 2011 3:16pm
Quoting joancb
So... only one reentry per EMA89 cross is allowed?
Its not what he's saying, he's saying if the previous one hasn't stopped out or taken profit yet don't go in which is probably a very good idea.
  • #691
  • Nov 21, 2011 3:20pm Nov 21, 2011 3:20pm
Quoting ohammond
Its not what he's saying, he's saying if the previous one hasn't stopped out or taken profit yet don't go in which is probably a very good idea.
whayy hayyy thank you ohammond, thank god someone understands

i think its ur fault anyway if u walk and miss a trade u can clearly see a trade setting up way before the signal is generated just sit tight
  • #692
  • Nov 21, 2011 3:20pm Nov 21, 2011 3:20pm
Quoting deankenny21
ok to save Peters frustation i will answer this question simply!!! DO NOT CHANGE THE CHART!!! DO NOT PUT PRICE LINE ON!!!

Peter has spend ALOT of time manually visually backtesting the system AS IS!!!!! so what he saw is what we saw noe, forget the price line, if Peters results are amazingly outstanding which we have seen why start adding stuff to something that already WORKS
thats the big issue... visually backtesting .... and that indy called super trend candles repaints up to 1 bar back.... te repainting element can keep u out of a trade in reality, but while visually backtesting you would be in that trade
  • #693
  • Nov 21, 2011 3:20pm Nov 21, 2011 3:20pm
Quoting joancb
So... only one reentry per EMA89 cross is allowed?
you wrong. take all those reentrys you like.

try look at EU from 14 nov.
there is several reentrys that was great.

Peter
  • #694
  • Nov 21, 2011 3:21pm Nov 21, 2011 3:21pm
Quoting deankenny21
yes Peter, i just spend 30 mins going through and checking every value of the candle alongside a chart with normal candles all the high, low and open and close were exactly the same right down to 0.1 of a pip.
Like you said the colour is confusing people,
I'm not looking at the color. I'm looking at the data values.

These pictures are from Peter's example in EURJPY.

Picture 1: Price close crosses the EMA. So does the Super candle. Value3 = Price Close because the Super candle closed at the top of the body.

Picture 2: Price close crosses back across EMA (see white line). Value3 does NOT equal the Price close, because the Super candle did NOT cross back. The price candle closed at the bottom of the body, and the Super candle closed at the top of the body.

If you accept Value3 = Super candle close, then all green Super candles close at the top of the body, and all reds close at the bottom. Which again says there was no pullback and no SAR **unless you're looking at the price**.

Quote
Peter has spend ALOT of time manually visually backtesting the system AS IS!!!!! so what he saw is what we saw noe, forget the price line, if Peters results are amazingly outstanding which we have seen why start adding stuff to something that already WORKS

please just trade it as is, and dont change or add anything, simples
He says he got a pullback in that example. According to the Super candles there WAS no pullback in that example. You can only get the pullback if you look at price. I'm just trying to get a consistent rule.

If that doesn't explain what I'm trying to show you, then never mind. I agree, no sense cluttering the thread any more with this topic.
Attached Image (click to enlarge)
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Attached Image
  • #695
  • Nov 21, 2011 3:23pm Nov 21, 2011 3:23pm
Quoting MickyMouse
thank you.

can you please have a look at the indy and confirm if arrows are ok ore not?
ty
I will as soon as I got time for it.

I am trying to answer lot off quistins here.

But I will come back to you.

Peter
  • #696
  • Nov 21, 2011 3:24pm Nov 21, 2011 3:24pm
Quoting MickyMouse
thats the big issue... visually backtesting .... and that indy called super trend candles repaints up to 1 bar back.... te repainting element can keep u out of a trade in reality, but while visually backtesting you would be in that trade
well PEter has spent an incredible amount of time doing this to the best of the ability the method can provide, he also trades it live as do i, backtest looks superb and so far the forward testing has been out standing, so just trade what u see, stop digging into the candle and ripping them open, just trade what u see!!!!! all this over analysis is where traders fail keep it simple please.
  • #697
  • Nov 21, 2011 3:26pm Nov 21, 2011 3:26pm
Quoting Edd Ganuelas
Fratelli,

Thank you for sharing your system. I have been silently sneaking into your thread since yesterday, and fell guilty for not giving my gratitude. Now that the new version has been released with all the good potential coming from traders, I guessed it is just fitting for me to express my sincrest thank for a great system.

God Bless you,

Edd
Thanks for your kind words

And may many green pips come to you.

Peter
  • #698
  • Nov 21, 2011 3:29pm Nov 21, 2011 3:29pm
Quoting fratelli
you wrong. take all those reentrys you like.

try look at EU from 14 nov.
there is several reentrys that was great.

Peter
Thank you all!!
  • #699
  • Nov 21, 2011 3:33pm Nov 21, 2011 3:33pm
[quote=deankenny21;5154078]well PEter has spent an incredible amount of time doing this to the best of the ability the method can provide, he also trades it live as do i, backtest looks superb and so far the forward testing has been out standing, so just trade what u see, stop digging into the candle and ripping them open, just trade what u see!!!!! all this over analysis is where traders fail keep it simple please.[/quote

Thanks your help is really nice for me.

I just want ask if the rules is so confusing or what is wrong.

trade what you see, if anything you dont like skip that trade and look for the next.

Peter
  • #700
  • Nov 21, 2011 3:38pm Nov 21, 2011 3:38pm
the system is not that confusing :d

and has potential.... and thank you very much for sharing it....

as you put it and visually looking at it it is very easy , very easy ...
the issues apear when you try to code something related to the system ... as a coder you start seeing elements like the repainting factor of the super trend candles indy that automatically make you rethink it ... sorry for the inconvenience caused....
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