DislikedOk things gotreally messed up now, are we entering using low and high of.a.candle.or the close like originalIgnored
was using the high of the candle body , ore low of candle body.
Fratelli Intraday trading system
- #2,242
- Nov 29, 2011 12:09pm Nov 29, 2011 12:09pm
- Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,736 Posts
- #2,244
- Nov 29, 2011 12:11pm Nov 29, 2011 12:11pm
may i ask, do you still have the original 2 screenshoots that you take.
i do assume u took full screenshots .
can u please attach them
thank you
Trust me, candles repainted
(but I don't care of it)
- #2,245
- Nov 29, 2011 12:12pm Nov 29, 2011 12:12pm
- Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,736 Posts
- #2,246
- Nov 29, 2011 12:13pm Nov 29, 2011 12:13pm
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
" Never let the past hold the future to ransom "
- #2,247
- Nov 29, 2011 12:13pm Nov 29, 2011 12:13pm
- Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,736 Posts
I didn't post the whole charts because are from a system I'm developing & testing by myself... and don't wanna put them in this thread....
Trust me, candles repainted
(but I don't care of it)
- #2,248
- Nov 29, 2011 12:15pm Nov 29, 2011 12:15pm
- Joined Jan 2011 | Status: Senior Member - Pro FX Trader | 2,736 Posts
- #2,251
- Nov 29, 2011 12:37pm Nov 29, 2011 12:37pm
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
" Never let the past hold the future to ransom "
- #2,252
- Nov 29, 2011 12:39pm Nov 29, 2011 12:39pm
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
" Never let the past hold the future to ransom "
- #2,254
- Edited 1:07pm Nov 29, 2011 12:43pm | Edited 1:07pm
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
Hello everyone.
Just lurking these days...doing very little trading of late. However, I have read every word of this thread, the EA thread, and over at Mr. Hopwood's place, too. My 2 cents...
What Mickey is saying makes sense, BUT: I would bet that >95% of Buy signals come from the HIGH of a green SuperTrend candle's BODY...as in...a candle CLOSE. Likewise, I would say >95% of Sell signals come from the LOW of a red SuperTrend candle's BODY...as in...a candle CLOSE.
If that wasn't the case, MACD would be starting to turn, price would be moving back toward the 89MA, and the 2,15 LWMAs would quite probably be turning, giving an arrow in the opposite direction. Price may then turn back in the trend direction, giving another 2,15 cross in the direction of the trend/trade (PO), but for that to happen, the CLOSE of the candle is again going to be driving the trend.
I think what Gleneagles' (Hi Glen!) High/Low test does is prevent trades from being taken at Support/Resistance (Supply/Demand) levels. I haven't seen his test results, but I would almost assume that by using the High/Lows, it will actually mean there are fewer trades taken overall, but that it filters some bad trades at extremes from being taken, yielding fewer trades taken, but with a higher winning percentage. Perhaps Glen could confirm if there actually are fewer trades taken?
Anyway...just my thoughts. You're all doing a great job. Look forward to actually taking it for a spin sometime soon.
All the best,
Ken
PS...
You're welcome, my friend. 
Just lurking these days...doing very little trading of late. However, I have read every word of this thread, the EA thread, and over at Mr. Hopwood's place, too. My 2 cents...
What Mickey is saying makes sense, BUT: I would bet that >95% of Buy signals come from the HIGH of a green SuperTrend candle's BODY...as in...a candle CLOSE. Likewise, I would say >95% of Sell signals come from the LOW of a red SuperTrend candle's BODY...as in...a candle CLOSE.
If that wasn't the case, MACD would be starting to turn, price would be moving back toward the 89MA, and the 2,15 LWMAs would quite probably be turning, giving an arrow in the opposite direction. Price may then turn back in the trend direction, giving another 2,15 cross in the direction of the trend/trade (PO), but for that to happen, the CLOSE of the candle is again going to be driving the trend.
I think what Gleneagles' (Hi Glen!
) High/Low test does is prevent trades from being taken at Support/Resistance (Supply/Demand) levels. I haven't seen his test results, but I would almost assume that by using the High/Lows, it will actually mean there are fewer trades taken overall, but that it filters some bad trades at extremes from being taken, yielding fewer trades taken, but with a higher winning percentage. Perhaps Glen could confirm if there actually are fewer trades taken?Anyway...just my thoughts. You're all doing a great job. Look forward to actually taking it for a spin sometime soon.
All the best,
Ken
PS...
I am honored again
Thanks to
Kenfen69
for the vouch
Peter
- #2,255
- Nov 29, 2011 12:49pm Nov 29, 2011 12:49pm
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
This was what I was looking at.
I know from experience +/- 16000 live trades on 15M charts that taking entries from the highs/lows of the candles will produce a better result.
HOWEVER: I tested it again to get a handle on it.
If I used the wrong point on the body, apologies.......
Does it change the end result , you decide.....
I respect MM`s skills as a programming guru and I don`t profess to be an expert, I am a trader and prefer to spend my time trading.
I will step aside now and wish you all lots of green pips with Fratelli
I know from experience +/- 16000 live trades on 15M charts that taking entries from the highs/lows of the candles will produce a better result.
HOWEVER: I tested it again to get a handle on it.
If I used the wrong point on the body, apologies.......
Does it change the end result , you decide.....
I respect MM`s skills as a programming guru and I don`t profess to be an expert, I am a trader and prefer to spend my time trading.
I will step aside now and wish you all lots of green pips with Fratelli
" Never let the past hold the future to ransom "
- #2,256
- Nov 29, 2011 12:50pm Nov 29, 2011 12:50pm
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
Hello everyone.
Just lurking these days...doing very little trading of late. However, I have read every word of this thread, the EA thread, and over at Mr. Hopwood's place, too. My 2 cents...
What Mickey is saying makes sense, BUT: I would bet that >95% of Buy signals come from the HIGH of a green SuperTrend candle...as in...a candle CLOSE. Likewise, I would say >95% of Sell signals come from the LOW of a red SuperTrend candle...as in...a candle CLOSE.
If that wasn't the case, MACD would be starting to turn, price would be moving back toward...
Where have you been hiding
" Never let the past hold the future to ransom "
- #2,257
- Nov 29, 2011 12:51pm Nov 29, 2011 12:51pm
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
" Never let the past hold the future to ransom "
This was what I was looking at.
I know from experience +/- 16000 live trades on 15M charts that taking entries from the highs/lows of the candles will produce a better result.
HOWEVER: I tested it again to get a handle on it.
If I used the wrong point on the body, apologies.......
Does it change the end result , you decide.....
I respect MM`s skills as a programming guru and I don`t profess to be an expert, I am a trader and prefer to spend my time trading.
I will step aside now and wish you all lots of green pips with Fratelli
I am no guru ... trust me... im trying to help with what i can ... apparently im making a bigger mess than helping... im sorry for that.
by the way... u tested 15 min charts ore 10 min charts?
- #2,259
- Nov 29, 2011 12:56pm Nov 29, 2011 12:56pm
- Joined May 2008 | Status: Voodoo Lotions & Potions | 26,565 Posts
Hi Ken,
Where have you been hiding
Hope you're well, mate? Don't go splitting off; you have FAR too much experience in setups of this sort of nature to be going unheard!
I was editing my post above, not sure if you saw the part about my assumption that using High/Lows would yield fewer trades, but higher winning percentage. Can you confirm that? Or is it just SO obvious it doesn't even need to be said?
Few beers in belly, I could be stating the obvious, but detected it might be a good time for that regardless!
- #2,260
- Nov 29, 2011 1:00pm Nov 29, 2011 1:00pm
- Joined Apr 2005 | Status: Mr. R.E. TIRED | 4,540 Posts
" Never let the past hold the future to ransom "