Nb 10.0 trend trading system | Page 58 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

HYBRID: trading system within a trading system 31 replies

Trend Manager Trading System 153 replies

Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies

trading system opposite to trend 1 reply

hksweeper's Trading Journal - Reaction Trend System 20 replies

Attachments: Nb 10.0 trend trading system
Exit Attachments

Nb 10.0 trend trading system

  • #1,141
  • Feb 13, 2012 4:07am Feb 13, 2012 4:07am
Quoting Jemook
Bob,

First of all I'd like to say thanks for sharing your systems and insights with all of us over the years. I've been trading the 1.0 version for a while now and getting really good results with it on lower timeframes.

I'm wondering if there's been any other successful traders trading the 1min/5min/15min charts? I just use the standard 1.0 template on the lower timeframes with the same entry rules and exit at key resistances/supports. I only enter really good setups and use good MM to keep my account balance looking proper.

Should I be using...
Hello guy,

Nice to hear you are also trying the systems on lower TF. I am mostly a 5M and 15M trader. I am starting to trade the 1.0 and 10.0 systems live on 5M and 15M now. So far 100% success on 6 trades. I am entering manually because I am not getting the EA´s triggered for some reason. Did you modify the EA´s for lower TF?.

Thanks.
Observation is the path to discovery.
  • #1,142
  • Feb 13, 2012 8:01am Feb 13, 2012 8:01am
Quoting Alorente
Hello Bob,

Thanks for sharing your knowledge. I am trying the 1.0 and 10.0 on smaller time frames and I don´t seem to be triggering signals on 5 x 5 cross. Do I have to modify the experts for lower time frames?

Thanks.
The 5x5 is hard coded for the 1H you can go into the code and change it or post the EA here and I will change it to what you want. I can make it work on any TF.
  • #1,143
  • Feb 13, 2012 9:05am Feb 13, 2012 9:05am
Quoting nanningbob
The 5x5 is hard coded for the 1H you can go into the code and change it or post the EA here and I will change it to what you want. I can make it work on any TF.
Bob, I would appreciate greatly if you could change the 2 EAs attached to 15 minute bars.

I am manually running live and it seems the 15M is by far the most successful so far.

I thank you greatly.
Attached File(s)
File Type: mq4 1.0 5x5 buy.mq4   7 KB | 438 downloads
File Type: mq4 1.0 5x5 SELL.mq4   7 KB | 420 downloads
Observation is the path to discovery.
  • #1,144
  • Feb 13, 2012 4:51pm Feb 13, 2012 4:51pm
I changed the TF to 15M. Good luck.
Attached File(s)
File Type: mq4 1.0 5x5 SELL 15M.mq4   7 KB | 508 downloads
File Type: mq4 1.0 5x5 buy 15M.mq4   7 KB | 513 downloads
  • #1,145
  • Feb 13, 2012 5:00pm Feb 13, 2012 5:00pm
Quoting Alorente
Bob, I would appreciate greatly if you could change the 2 EAs attached to 15 minute bars.

I am manually running live and it seems the 15M is by far the most successful so far.

I thank you greatly.
which ma settings are you using for the 5min and 15 min ?
rat
  • #1,146
  • Feb 13, 2012 5:02pm Feb 13, 2012 5:02pm
Quoting nanningbob
I changed the TF to 15M. Good luck.
Thanks Bob,

I´ll try it and update you on results.
Observation is the path to discovery.
  • #1,147
  • Feb 13, 2012 5:30pm Feb 13, 2012 5:30pm
Quoting rattyo
which ma settings are you using for the 5min and 15 min ?
I´m only using the 15M so far.

I did not change the TMA or the 5x5. I did change the 240 (From the Weekly) to 960 (240 x 4 = 960) on the 15M chart. Everything else remains the same. So far, 100% success rate on the 15 with my trend definition, not the original 1.0 trend definition.

My trend definition is:

Long: Light Blue smoothed centerline of TMA real time value is higher than same line close of a bar ago.

Short: Light Blue smoothed centerline of TMA real time value is lower than same line close of a bar ago.

I am entering longs only below the Green TMA Band and shorts only above the Red TMA Band, so if the 5x5 cross is on the other side of the line, the trade is not entered.

I am exiting the longs on cross of Red TMA Band and shorts on cross of Green TMA Band.

Not using stops. I´ll use recovery trades if necessary.

Bob, I think this can be all programmed into a good stand alone EA. What do you think? I´ve gone back visually for over one year with 100% success rate.
Observation is the path to discovery.
  • #1,148
  • Feb 13, 2012 5:39pm Feb 13, 2012 5:39pm
This is the way I have set up my screens for trading.
Attached Image (click to enlarge)
Click to Enlarge Name: 1.0 system screen.jpg Size: 128 KB
Observation is the path to discovery.
  • #1,149
  • Feb 13, 2012 6:17pm Feb 13, 2012 6:17pm
For some reason, I cannot seem to open a demo account on either Alpari UK nor FXDD Malta. I guess I'm the one doing something wrong but I just cant understand. Not doing anything different from what i normally do to open a demo account. Has anyone ever experience this problem and can assist please?
LEARNING HOW TO FISH SO I CAN FISH FOREVER
  • #1,150
  • Feb 14, 2012 4:24am Feb 14, 2012 4:24am
Quoting Mixer
For some reason, I cannot seem to open a demo account on either Alpari UK nor FXDD Malta. I guess I'm the one doing something wrong but I just cant understand. Not doing anything different from what i normally do to open a demo account. Has anyone ever experience this problem and can assist please?
Thanks for your interest in our demo account Mixer.

I’m sorry to hear you weren’t able to open one yet.

Try the link below:
http://www.alpari.co.uk/en/trading-a...o-trading.html

Should you still be unable to open a demo account, please shoot us an email with your name, address and phone number. You can also contact us on Live chat or give us a call at +44 (0) 207 426 2900.

We’ll be happy to help.

Cheers,

Alexander Chadwick
Alpari (UK) Representative
  • #1,151
  • Feb 14, 2012 8:23am Feb 14, 2012 8:23am
Quoting Alpari UK
Thanks for your interest in our demo account Mixer.

I’m sorry to hear you weren’t able to open one yet.

Try the link below:
http://www.alpari.co.uk/en/trading-a...o-trading.html

Should you still be unable to open a demo account, please shoot us an email with your name, address and phone number. You can also contact us on Live chat or give us a call at +44 (0) 207 426 2900.

We’ll be happy to help.

Cheers,...
Alpari has visited little ole harmless me. Dang. Welcome
  • #1,152
  • Edited 10:56pm Feb 14, 2012 10:21pm | Edited 10:56pm
Quoting Alorente
I´m only using the 15M so far.

I did not change the TMA or the 5x5. I did change the 240 (From the Weekly) to 960 (240 x 4 = 960) on the 15M chart. Everything else remains the same. So far, 100% success rate on the 15 with my trend definition, not the original 1.0 trend definition.

My trend definition is:

Long: Light Blue smoothed centerline of TMA real time value is higher than same line close of a bar ago.

Short: Light Blue smoothed centerline of TMA real time value is lower than same line close of a bar ago.

I am entering longs...
Alrighty I checked out your system and it looks amazing in backtesting.

However if I change the TMA to true the backtesting is nowhere near as good. I know there have been heaps of discussions about the TMA repainting(?) and why it does not matter for the system but I can't see as many good setups happening as you are trading live.

Could you keep us posted as to how you get on with your strategy? It looks too good to be true with normal settings in backtesting and I think the reason is because of the TMA repainting.

Also, I'm using 240 setting with the 15min TF.. If I use 960 the MA can swap from above to below changing my view of the trend. Should I be using 960 on 15min to determine trend if I'm using 15min to trade?
  • #1,153
  • Feb 15, 2012 3:30am Feb 15, 2012 3:30am
Quoting Jemook
Alrighty I checked out your system and it looks amazing in backtesting.

However if I change the TMA to true the backtesting is nowhere near as good. I know there have been heaps of discussions about the TMA repainting(?) and why it does not matter for the system but I can't see as many good setups happening as you are trading live.

Could you keep us posted as to how you get on with your strategy? It looks too good to be true with normal settings in backtesting and I think the reason is because of the TMA repainting.

Also, I'm using 240 setting...
Yes. I know about the backtesting issue. I´m as skeptical as you on the backtesting results, however, the current bar, on which the decision to place the trade is based, is accurate. So far, I have placed 15 live trades and all of them have crossed to the other band. 100% success. regarding the 240 or 960 MA, it is really irrelevant. The trend is determined EXCLUSIVELY by the TMA condition. I´ll update you on future trades as they develop.
Observation is the path to discovery.
  • #1,154
  • Feb 15, 2012 3:36am Feb 15, 2012 3:36am
Quoting Alorente
Yes. I know about the backtesting issue. I´m as skeptical as you on the backtesting results, however, the current bar, on which the decision to place the trade is based, is accurate. So far, I have placed 15 live trades and all of them have crossed to the other band. 100% success. regarding the 240 or 960 MA, it is really irrelevant. The trend is determined EXCLUSIVELY by the TMA condition. I´ll update you on future trades as they develop.
Ok, Gotcha! So are you not using the 240/960 MA and instead looking at the middle TMA line and using that to determine trend as you described?

Long: Light Blue smoothed centerline of TMA real time value is higher than same line close of a bar ago.

Short: Light Blue smoothed centerline of TMA real time value is lower than same line close of a bar ago.


Do you use the 240/960MA for anything then?
  • #1,155
  • Feb 15, 2012 3:44am Feb 15, 2012 3:44am
Quoting Jemook
Ok, Gotcha! So are you not using the 240/960 MA and instead looking at the middle TMA line and using that to determine trend as you described?

Long: Light Blue smoothed centerline of TMA real time value is higher than same line close of a bar ago.

Short: Light Blue smoothed centerline of TMA real time value is lower than same line close of a bar ago.


Do you use the 240/960MA for anything then?
Yes. I am ignoring the 240 /960 completely. I´ll throw in another one. I´ve noticed that on some of the trades, the TMA repainted as I look back where I entered, so the original trend signal has changed. I´ve also placed 4 trades disregarding the TMA condition and they were also successful. It seems that the real winner is taking the trade ONLY if the 5x5 cross occurs on the opposite (far) side of the bar. This is working also on Crude, Gold and S&P. I haven´t tried it on stocks yet.
Observation is the path to discovery.
  • #1,156
  • Feb 15, 2012 5:53am Feb 15, 2012 5:53am
Quoting Alorente
Yes. I am ignoring the 240 /960 completely. I´ll throw in another one. I´ve noticed that on some of the trades, the TMA repainted as I look back where I entered, so the original trend signal has changed. I´ve also placed 4 trades disregarding the TMA condition and they were also successful. It seems that the real winner is taking the trade ONLY if the 5x5 cross occurs on the opposite (far) side of the bar. This is working also on Crude, Gold and S&P. I haven´t tried it on stocks yet.
Alorente could you put a template and indicators please

thanks
  • #1,157
  • Feb 15, 2012 8:35am Feb 15, 2012 8:35am
Quoting Alorente
Yes. I am ignoring the 240 /960 completely. I´ll throw in another one. I´ve noticed that on some of the trades, the TMA repainted as I look back where I entered, so the original trend signal has changed. I´ve also placed 4 trades disregarding the TMA condition and they were also successful. It seems that the real winner is taking the trade ONLY if the 5x5 cross occurs on the opposite (far) side of the bar. This is working also on Crude, Gold and S&P. I haven´t tried it on stocks yet.
Hello Alorente,

Could you please upload a template for the 15M TF because some of us do not even know how to change the settings. Would save a lot of questions. Thank in advance & best wishes.
  • #1,158
  • Feb 15, 2012 10:46am Feb 15, 2012 10:46am
Nice thread, I like how you describe trending and ranging market. I will review your another thread about trading in a ranging market. This two weeks trading EURUSD I've seen many ranging days and it was too late when I finally recognize it, I keep using trend following system there. I am a bit frustrated in a ranging market not because I lost pips but looking at sluggish PA and no clear direction hit my confidence. Thanks in advance.

PS: How you trade without SL scared me, but if you're doing good then I think it's okay.
  • #1,159
  • Feb 15, 2012 11:09am Feb 15, 2012 11:09am
Quoting jucaorma
Alorente could you put a template and indicators please

thanks
Here are the template and indicators. Copy the indicators to the Experts/Indicators folder. Copy the template to the Templates folder. Change the TF to 15M and you should be done.
Attached File(s)
File Type: ex4 HA.ex4   3 KB | 519 downloads
File Type: ex4 TMA.ex4   10 KB | 594 downloads
File Type: tpl lorente main screen.tpl   2 KB | 580 downloads
Observation is the path to discovery.
  • #1,160
  • Feb 15, 2012 5:12pm Feb 15, 2012 5:12pm
Quoting Alorente
Here are the template and indicators. Copy the indicators to the Experts/Indicators folder. Copy the template to the Templates folder. Change the TF to 15M and you should be done.
Thank you for the kind gesture. My MT4 platform crashes when ever I load the template or add the indicators to my chart. Kindly look into it again.
1 trader viewing now