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BUFU Trend Following System + Account Challenge

  • #21
  • Jan 10, 2012 7:02pm Jan 10, 2012 7:02pm
USD/CHF long entry .. This one gonna be interesting as price is ranging for a long time.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.gif Size: 23 KB
" The fool who never traded Demo "
  • #22
  • Jan 10, 2012 7:13pm Jan 10, 2012 7:13pm
Quoting Aztrader2
I think Johnny has already said why: he use it for the built in alarm, which alert him when direction changes.....
Correct
  • #23
  • Jan 10, 2012 7:21pm Jan 10, 2012 7:21pm
Quoting johnny2pips
Would that be the 100 move starting around 2pm yesterday? Looks to be a great trade wish I'd been able to catch it. Good job bro
Yes my friend! It was one hell of a trade
I took that move from my 4H system, and it matched perfectly with this system too. Thats why I am so interested about it, will keep forward testing. The only thing to watch is if CCI can keep us out of the ranging market (at least most of the time).

The UC trade is running great .. EU and EJ looks great too.
" The fool who never traded Demo "
  • #24
  • Jan 11, 2012 6:50am Jan 11, 2012 6:50am
Thanks johnny2pips. Your system rocks! For those who say that you need to sit tight with your pc to profitably use this system, the way out is here. Just look for the valid signal in 4H TF, change it to 1H TF, then to 15M TF. If the same signal is valid in all these three Time frames, then place your trade accordingly. Check it again after 4H, you ll see the wonders! Once again, thanks johnny2pips.

More pips more money!
Happy New Year!
  • #25
  • Jan 11, 2012 7:44am Jan 11, 2012 7:44am
I wonder if there is any valid technical system that would work with days like today!!
Better luck tomorrow!!
" The fool who never traded Demo "
  • #26
  • Jan 12, 2012 12:05pm Jan 12, 2012 12:05pm
Quoting Finsight
Thanks johnny2pips. Your system rocks! For those who say that you need to sit tight with your pc to profitably use this system, the way out is here. Just look for the valid signal in 4H TF, change it to 1H TF, then to 15M TF. If the same signal is valid in all these three Time frames, then place your trade accordingly. Check it again after 4H, you ll see the wonders! Once again, thanks johnny2pips.

More pips more money!
Happy New Year!
Your vary welcome Finsight! It's funny your explain the system this way. I've been have trouble picking which signals to take lately and decided to start checking the daily - 30M charts exact same way you check the 4H -15M. Thanks for the well needed encouragement.
  • #27
  • Jan 12, 2012 12:17pm Jan 12, 2012 12:17pm
Quoting AmareX
I wonder if there is any valid technical system that would work with days like today!!
Better luck tomorrow!!
GBP/CAD trade had a good exit today for about 200 pips.
http://i1083.photobucket.com/albums/...ips/gbpcad.png
  • #28
  • Jan 12, 2012 6:44pm Jan 12, 2012 6:44pm
Working on a way to filter HAS signals. Sometimes HAS will change color for one or two bars then price reverses. As with any system this one needs a filter. Found something that worked fairly well on the backtest lets see how it goes the next few days to a week forward testing if it works then it'll be released to everyone here at FF.

As always wishing you many pips,
Johnny2pips
  • #29
  • Jan 12, 2012 6:56pm Jan 12, 2012 6:56pm
Quoting johnny2pips
Working on a way to filter HAS signals. Sometimes HAS will change color for one or two bars then price reverses. As with any system this one needs a filter. Found something that worked fairly well on the backtest lets see how it goes the next few days to a week forward testing if it works then it'll be released to everyone here at FF.

As always wishing you many pips,
Johnny2pips

thanks and good luck Johnny2pips!
  • #30
  • Edited 5:01am Jan 13, 2012 4:46am | Edited 5:01am
If Big Johnny will permit me, I ll like to place SOME SERIOUS RESTRICTIONS in this thread that NOBODY places no other indicator apart from the original ones in this thread except the ones the starter of this thread will be placing for further development of the system.

What I discovered in other threads is that people who like to distract others placed different indicators in the threads thereby make nonsense or useless of the main purpose of the systems at hand.

Also abusive languages of calling people names and insulting others should be totally avoided. If we all can ABIDE by these RULES we will all PRESERVE the PURITY of this system I love so much!

Thanks!
  • #31
  • Jan 13, 2012 4:59am Jan 13, 2012 4:59am
Big Johnny, this question is for you.

What are the functions of the Horizontal lines and Trend lines that follow the Template of the system?

Thanks for quick answer!

I ll like to know you position about the RESTRICTIONS. If they are accepted by you, you MAY modify the RULES and place them in the first page of the thread.

May God bless you!
  • #32
  • Edited 12:21pm Jan 13, 2012 11:52am | Edited 12:21pm
Quoting Finsight
If Big Johnny will permit me, I ll like to place SOME SERIOUS RESTRICTIONS in this thread that NOBODY places no other indicator apart from the original ones in this thread except the ones the starter of this thread will be placing for further development of the system.

What I discovered in other threads is that people who like to distract others placed different indicators in the threads thereby make nonsense or useless of the main purpose of the systems at hand.

Also abusive languages of calling people names and...
This sounds like a good idea. The only thing I'd like to add to it is if anyone wants to show how they use this system with another or have found a good way to filter trades, or maybe even use different settings, feel free to post about the changes you've made. The main point of this thread is to share and improve the BUFU system. Therefore anyone with idea's that may improve the system will surely be taken into consideration. Thanks so much for taking the time to help here your gratitude and helpfulness is much appreciated.

Quoting Finsight
Big Johnny, this question is for you.

What are the functions of the Horizontal lines and Trend lines that follow the Template of the system?

Thanks for quick answer!

I ll like to know you position about the RESTRICTIONS. If they are accepted by you, you MAY modify the RULES and place them in the first page of the thread.

May God bless you!
Sorry this seems to happen every time I load a chart with any template. The trend lines were past support/resistance lines and I didn't know it would show up on other peoples charts. If anyone knows how to remove the extra stuff from the template I'd be grateful for any advise on this.
  • #33
  • Edited 1:05pm Jan 13, 2012 12:40pm | Edited 1:05pm
Again sorry for the confusion everyone. Here is a fixed version with no trendlines ect. only the main indicators.

This new template also includes the filter and reentry system in testing phase. The only thing changed is the double CCI is now being used as exactly as intended a double CCI.

Below is a snip it of how CCI 61 (white line) can filter false HAS signals. If HAS gives a signal to re enter while CCI 61 is above zero line in a down trend this could be a false signal as shown below.
http://i1083.photobucket.com/albums/...01-13_1325.png

We can also use Entry CCI (61) to confirm reentry to a existing trend. For example Trend CCI 236 is red showing down trend Entry CCI 61 crosses above the zero line and back below this can be use as a signal for reentry.

See below

http://i1083.photobucket.com/albums/...pips/61cci.png
Attached File(s)
File Type: tpl bufu-trendv2.tpl   2 KB | 815 downloads
  • #34
  • Edited 1:23pm Jan 13, 2012 1:13pm | Edited 1:23pm
In times like this you may be tempted to enter early (which isn't part of the system) for the extra few pips. Were Trend CCI 236 is almost at the zero line and HAS gives a signal to go long below is an example of why that is not only a bad idea but how Entry CCI can filter out those impulse trades.

http://i1083.photobucket.com/albums/...8940284920.png
  • #35
  • Jan 13, 2012 1:24pm Jan 13, 2012 1:24pm
Hello Johnny. Nice job on your strategy. I have been running on demo for a couple of days and am impressed.
I put together a signal generator that combines the three elements of your system - HAS color, TrendCCI(236) and EntryCCI(61) - as a single indicator. It includes sound alert as well as email alert. Also, time windows if you want to get signals only during a specific time window(specified as start-stop hours only). Set each of the three functions to true separately to assure yourself that the logic is correct. Then set them all to true and you will see your signals. Note that you can put two of these indis up at the same time and play around with the EntryCCIperiod to compare the filtering effect, and as an aid in optimizing the two CCI periods. THe indi was compiled under MT4 Build 409, so make sure your are up to date on your MT4 platform, or it might crash your platform.
Thanks again for a nice strategy.
Quoting johnny2pips
Again sorry for the confusion everyone. Here is a fixed version with no trendlines ect. only the main indicators.

This new template also includes the filter and reentry system in testing phase. The only thing changed is the double CCI is now being used as exactly as intended a double CCI.

Below is a snip it of how CCI 61 (white line) can filter false HAS signals. If HAS gives a signal to re enter while CCI 61 is above zero line in a down trend this could be a false signal as shown below.
http://i1083.photobucket.com/albums/...01-13_1325.png...
Attached File(s)
File Type: ex4 BUFU_Trend_Signals.v1.0.ex4   10 KB | 789 downloads
  • #36
  • Edited 5:55pm Jan 13, 2012 4:40pm | Edited 5:55pm
Did I do something wrong?

http://i1083.photobucket.com/albums/...s/BUFUSIGS.png
  • #37
  • Jan 13, 2012 7:55pm Jan 13, 2012 7:55pm
I used a different version of HAS in the indicator because I had problems dealing with the Alert function in the version you are using. I have attached the one that the indi calls. Just put it in your experts/indicators directory -- no need to put in on the chart unless you want too.

Also, you should go to your experts/log/compatibility-file directory and delete the large log file that you are going to find there. The indi was trying to find the attached HAS file, and it will log an error each time it tries. THe file will be hugh and will slow down your MT4 until the day rolls over and MT4 opens a new log file.

Also, are you running the MT4 Build 409 or greater? You can check this by the help/about pull-down.
Sorry I neglected to attache the correct HAS file.

Quoting johnny2pips
Did I do something wrong?

http://i1083.photobucket.com/albums/...s/BUFUSIGS.png
Attached File(s)
File Type: mq4 Heiken_Ashi_Smoothed.mq4   4 KB | 598 downloads
  • #38
  • Jan 13, 2012 8:05pm Jan 13, 2012 8:05pm
Attached you will find a revised version of the BUFU_Trend_Signals indi. I corrected the name that appears in the indi window and revised the parameters of the HAS call to match the 1, 40, 1, 1 sequence that you are using in your strategy, post 1.
Attached File(s)
File Type: ex4 BUFU_Trend_Signals.v1.1.ex4   10 KB | 793 downloads
  • #39
  • Jan 13, 2012 8:15pm Jan 13, 2012 8:15pm
Excellent job with the new rules Johnny .. Bravo

Also amazing work with the indi Easyrider .. Now its much more easy to backtest. Just to let you know that indicator name need a little fix. Thanks

ps: I see you already did this while I was typing .. never mind
" The fool who never traded Demo "
  • #40
  • Jan 13, 2012 8:21pm Jan 13, 2012 8:21pm
Quoting johnny2pips
This sounds like a good idea. The only thing I'd like to add to it is if anyone wants to show how they use this system with another or have found a good way to filter trades, or maybe even use different settings, feel free to post about the changes you've made. The main point of this thread is to share and improve the BUFU system. Therefore anyone with idea's that may improve the system will surely be taken into consideration. Thanks so much for taking the time to help here your gratitude and helpfulness is much appreciated.
Hi Big J, I would like to share with you, hopefully its will be improve ur system as per picture below.

regards.
mzi04
Timeframe :1H
http://i883.photobucket.com/albums/ac39/mzi04/gu1h.gif

Timeframe: 30min
http://i883.photobucket.com/albums/ac39/mzi04/gu30m.gif

EU 1H
http://i883.photobucket.com/albums/ac39/mzi04/eu1h.gif

EU 30min
http://i883.photobucket.com/albums/ac39/mzi04/eu30m.gif
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