Fratelli Intraday trading system

Thanks Peter...just practicing the entry signals...

Ok no problem.

Hope many green pips come to you.

Peter

Dean could you post your set file for the s-trailing ea? I do not know if I have the trailing right.

So let me see if I'm reading the charts & rules right...

EURUSD: start trading 5:50 GMT = 7:50 by my broker

06:00 -- crossed above and below, body low = 1.3521, set entry 4.0 pips below = 1.3517. Entry hit in 8:10 bar, got as low as 1.35056 in 8:20 bar. That's 15.4 pips open profit, so move SL to BE+1 = 1.35157. Hit SL in 8:40 bar, out for +1 pip profit.

07:30 -- crossed up & down, candles still red, body low = 1.3517, set entry at 1.3513. Boom! 25 pip TP, if you got your order in fast enough.

QUESTION: There's a white arrow on that big 7:40 bar. So would you take another trade off the bottom of the 7:40 bar, even though we were in a trade during the 7:40 bar? If so, that's another 25 pip winner.

10:20 -- white down arrow, body low = 1.3450, entry at 1.3446. Finally hits it in the 10:50 bar. That bar only gets 4 pips into profit, so SL stays at -25. 11:10 bar gets down to 1.34353 = 11.7 pips open, so stop goes to -10 pips. 11:30 bar gets to 1.34301 = 14.5 pips open, not enough to move SL. Then market heads up, and takes out the -10 SL in the 12:10 bar. -10 loss.

12:10 - 13:20 -- several crosses above the 89EMA but the bars are all red.

QUESTION: the 13:30 bar is green. Does that trigger a signal (green bar AFTER EMA cross?) or does the bar have to be green when it crosses? (In this example the MACD is still negative but how would you handle it if the MACD was positive? Does "EMA cross" set up a signal that triggers when all the other conditions are met?)

14:30 - 15:50 --several crosses but bars are the wrong colors.

15:40 -- down cross, and white arrow, red bar, but positive MACD, and never triggered anyway.

16:00 -- up cross, white arrow, green bar -- body high is 1.3470, entry at 1.3474 -- boom! 25 pip TP.

So for the day it's +1, +25, -10, +20 = +41 pips. Plus maybe +25 more depending on the first question. Not bad!!

Am I trading this right? Once I get this figured out, I'll see how it works during the NY session. I'm in US Mountain time (GMT - 7) so I can't trade the Frankfurt/London sessions unless I write an EA.

Thanks Peter! (And Dean!)

the trailing ea is not part of original rules as it cannot do what u want regarding the eurusd rules, i only use it because im testing numerous systems and cant multitask 4 trades at once

[quote=garyfritz;5154323]So let me see if I'm reading the charts & rules right...

Hi gary, please check your 89 ema, it appears to be askew... (mine is below)

Pete

D'oh!!! Silly me, I assumed the template set the right values. Thanks, pedross!

My first 25-pip win got delayed by one bar, but other than that I think all the trades are still valid. Anyone see any problems?

hi Peter, there is a signal alarm however for re-entry, when the white arrows appear, there is a small signal window that pops-up together with a very audible sound...

HI Gary, your chart looks so cool with those "forecast" and "previous" figures of news releases.....i sometimes trade the news, especially high impact ones...

would you mind sharing how i could have them appear on my charts as well..



thanks!

Took two trades on:

AU = Long 0.9870
EJ = Long 103.91

Um. It looks like you already do!?

It's just one of the indicators in the Fratelli package (FFcal), set up by the template.

Has anyone got an MT4 period converter that will work on a 64-bit computer? Tried several including the script in MT4. Won't open in editor either. Thanks.

Bruce, I'm using P4L PeriodCon (comes with the Fratelli zipfile) on 64-bit Win7. No problems.


OK, backtesting on New York session, starting 9am ET (14:00 GMT, 7am here in Colorado):

9:10 ET AUDUSD -- White arrow, but green bar. 9:30 bar turns red, enter at 0.9865, +20 TP hit in 9:50 bar.

13:10 ET AUDUSD -- white down arrow, red bar at 13:50, never triggered.

14:50 ET AUDUSD -- white arrow down, enter 0.9828, hit on 15:00 bar, lowest was 0.98254 = 2.6 pips open. 15:20 bar turned green, but hit SL before the close -- -20 pip loss.

15:20 ET AUDUSD -- white up arrow, green bar, but neg MACD. MACD pos on 15:30 bar, but never triggered.

16:20 ET AUDUSD -- white down arrow but green bar & pos MACD. Red & neg at 16:50, enter at 0.9833, lowest it got was 0.98279, turned green & closed on 18:10 bar @ 0.98342, -1.2 pip loss.


10:00 ET EURJPY -- white up arrow, enter at 103.527, +20 pip TP in 11:00 bar.

If you were brave/aggressive, you could have stayed in the position since there was an SAR triggered on the 10:50 bar, entered about 3 pips before the previous TP was hit, and picked up another +20. But I'll assume you don't enter a second trade while still in a first trade.

16:00 ET EURJPY -- EMA cross down, never triggered.

19:10 ET EURJPY -- after NY hours, into Asia? Cross up over EMA, but red & neg. Turned green & pos in 19:50 bar, enter at 103.92, +20 TP hit in 20:20 bar.


11:00 ET EURUSD -- white up arrow, enter at 1.3474, +25 PT hit in next bar

15:10 ET EURUSD -- crossed down & up over EMA, green on 15:20 bar, enter at 1.3506, highest was 1.35110, 16:50 bar turned red (& almost hit SL), exit at 1.34878 for -18.2 pip loss.

16:30 ET EURUSD -- crossed down over EMA but green bar. Went red on 16:50 bar, entry at 1.3484, just hit in 17:00 bar, lowest was 1.34972 then reversed, green bar @ 19:00 exited at 1.34847, -0.7 pip loss.


So trading roughly 7am - 5pm my local time, my results were:

AUDUSD: +20, -20, -1.2, +20 = +18.8
EURJPY: +20, another +20 if I traded past 6pm. Won't count that one.
EURUSD: +25, -18.2, -0.7 = +6.1

So 18.8 + 20 + 6.1 = 44.9 pip profit. Dean got 41.9 in these 3 pairs in his trading so the US session looks pretty promising!

I was just looking thru Peter's updated rules - there is mention of a Supertrend... I've seen it in a few charts posted on the thread, but not all, nor is there a mention of its purpose. Is this part of your system Peter?

Sorry if I missed this, but does the color of the histogram matter or just whether or not it is above or below the yellow line?

Hi, thanks garyfritz, found (part of) the problem: If you want to run 32-bit programs in MT4 you have to have WinUser32.mqh in the ExpertsInclude folder.

Here's a copy just in case.

Now. how come the thing still doesnt work?

Trying several indicators. P4L PeriodCon gives me an error message but can't see all of it. "ERROR. PL4 PeriodCon will not work unless you turn on..." and "Looking for one or more charts named: EURUSD,M10 (offl..." or words to that effect. This comes up on alternate lines of a dialogue like the one that comes up if you have an auditory indicator. It rings Alert .wav file sound. Then every line has alternating cut-off error messages. I've enabled DLL option under Common.

Any ideas?

the colour must changed.

LOL it must have been posted 50 times yesterday that the colour doesn't matter it just has to be below.

That has been commented out from the indicator included with this package.
To enable it,
Select the indicator FFCal from the custom indicators, right click and select edit.

find
and delete the "/*", then find the next "*/" and delete those. repeat for

Then, near the start of the file, add the following lines

i mean it is better?