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On My Way To The Top

  • #1,321
  • Apr 7, 2012 3:56pm Apr 7, 2012 3:56pm
Quoting KillerWhale
But it doesn't explain what eggs have to do with Easter
Or what dogs have to do with buns
New voice message: Why are you calling me? If I need you, I'll call you!
  • #1,322
  • Apr 9, 2012 7:46am Apr 9, 2012 7:46am
picture says it all...same entry as usual...
Attached Image (click to enlarge)
Click to Enlarge Name: nzd usd.gif Size: 39 KB
No man is free who is not a master of himself. -P.M.-
  • #1,323
  • Edited 9:11am Apr 9, 2012 7:51am | Edited 9:11am
Ran strategy tester on EU 15 minute over the weekend so I can see the market as I would in live environment and see how the zig zag works live and using stochastics like I normally would with zig zag channels and trend lines. Made a return of about 60% on that pair for the month of January this year. A total of 23 trades with 3 losers so a win rate of 86.95%...Again, not being arrogant or anything like that but its all just the same thing repeated over and over again but just with different variations and different twists as you apply different tools and such...in which some may require more work while other methods a little less to achieve the same result...but anyway...I will post the results a bit later once I return home.
No man is free who is not a master of himself. -P.M.-
  • #1,324
  • Apr 9, 2012 1:44pm Apr 9, 2012 1:44pm
Quoting pmullin86
picture says it all...same entry as usual...

closed out for 4%
No man is free who is not a master of himself. -P.M.-
  • #1,325
  • Apr 9, 2012 6:35pm Apr 9, 2012 6:35pm
here is the equity curve along with the entries and other additional info for anyone to look further into at their own desire...well I tried adding the other part of the results but it wouldn't let me...it should go without saying that the bottom axis is the days of the month and the right axis is the account balance...
Attached Image (click to enlarge)
Click to Enlarge Name: StrategyTester.gif Size: 8 KB
No man is free who is not a master of himself. -P.M.-
  • #1,326
  • Apr 9, 2012 6:49pm Apr 9, 2012 6:49pm
No man is free who is not a master of himself. -P.M.-
  • #1,327
  • Apr 10, 2012 8:39am Apr 10, 2012 8:39am
hi Paul,

thanks for posting this.

Quoting pmullin86
Ran strategy tester on EU 15 minute over the weekend so I can see the market as I would in live environment and see how the zig zag works live and using stochastics like I normally would with zig zag channels and trend lines. .
1.Could you explain a bit more what condition triggers in this test a entry?
2.How does the same test perform just without the zig zag channel (same or did the zigzag channel improve the results)

BTW: I played a bit around with the RIV (Relative Vigor Index) indicator - it might have some useful additions in combination with the stochastic. Did you ever check it out?

Cheers
Ati
Money is important, Love is essential.
  • #1,328
  • Apr 10, 2012 9:35am Apr 10, 2012 9:35am
Quoting Ati Baia
hi Paul,

thanks for posting this.



1.Could you explain a bit more what condition triggers in this test a entry?
2.How does the same test perform just without the zig zag channel (same or did the zigzag channel improve the results)

BTW: I played a bit around with the RIV (Relative Vigor Index) indicator - it might have some useful additions in combination with the stochastic. Did you ever check it out?

Cheers
Ati

1. Trend lines drawn from zig zags must create some kind of consolidation
pattern for price to break out from whether it be a wedge, ascending triangle,bearish channel, bullish channel or whatever and than the mtf stochastics must just show room for price to move in a given break out direction...to write everything I look for in stochastics is way too much for just this one post but anyone who has followed the thread and how I use stochastics should know how they are applied or refer to spudfyre mtf stochastics thread for a better explanation...

2. I didn't use the zig zag channel indicator as I would prefer to draw my own trend lines and such so could not answer this question.

BTW--RVI is just another oscillator in my opinion...
No man is free who is not a master of himself. -P.M.-
  • #1,329
  • Apr 10, 2012 5:20pm Apr 10, 2012 5:20pm
totally forgot I was even short on this pair but just got home and saw it still open...still only up 2%...but stop set to break even and I will just see how it plays...ideally price will run back up to the 4 hour 50 sma and fail there and turn back down but judging by the stochastics the down move may be pretty exhausted...
Attached Image (click to enlarge)
Click to Enlarge Name: gbp chf.gif Size: 39 KB
No man is free who is not a master of himself. -P.M.-
  • #1,330
  • Apr 10, 2012 5:33pm Apr 10, 2012 5:33pm
Quoting pmullin86
..ideally price will run back up to the 4 hour 50 sma and fail there and turn back down but judging by the stochastics the down move may be pretty exhausted...
Do you still use the 50, 100, 200 EMA or only the MTF 50 SMAs?
Money is important, Love is essential.
  • #1,331
  • Apr 10, 2012 5:34pm Apr 10, 2012 5:34pm
Quoting Ati Baia
Do you still use the 50, 100, 200 EMA or only the MTF 50 SMAs?
still the same 50 100 200
No man is free who is not a master of himself. -P.M.-
  • #1,332
  • Apr 11, 2012 3:08am Apr 11, 2012 3:08am
eu late entry target 4 hour 50 ema which is green ma price is at
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu.gif Size: 53 KB
Click to Enlarge Name: eu now.gif Size: 55 KB
No man is free who is not a master of himself. -P.M.-
  • #1,333
  • Apr 11, 2012 3:20am Apr 11, 2012 3:20am
I saw some stochastic related indi: maybe some are useful to you. I did not check them out.
Attached File(s)
File Type: mq4 StochCandles.mq4   5 KB | 261 downloads
File Type: mq4 Stoch Crossing_Pivot.mq4   13 KB | 296 downloads
File Type: mq4 Stoch Crossing.mq4   9 KB | 287 downloads
Money is important, Love is essential.
  • #1,334
  • Apr 13, 2012 7:47am Apr 13, 2012 7:47am
gbp jpy closed for +2%
Attached Image (click to enlarge)
Click to Enlarge Name: gbp jpy.gif Size: 52 KB
No man is free who is not a master of himself. -P.M.-
  • #1,335
  • Apr 13, 2012 9:42am Apr 13, 2012 9:42am
hi Paul,

I noticed that now most of your trades are on M15 - any reasons?
Money is important, Love is essential.
  • #1,336
  • Apr 13, 2012 10:03am Apr 13, 2012 10:03am
Quoting Ati Baia
hi Paul,

I noticed that now most of your trades are on M15 - any reasons?

I look at about 14 pairs including exotics and such with high spreads which the 15 minute absorbs the higher spreads and reading the chart is just a lot less of a hassle as it gives a good overview of everything going on and what you should expect...
No man is free who is not a master of himself. -P.M.-
  • #1,337
  • Apr 18, 2012 7:43am Apr 18, 2012 7:43am
Hi,
next week I plan to start demo testing some of my ideas.

http://www.forexfactory.com/showthread.php?t=335236
Money is important, Love is essential.
  • #1,338
  • Apr 18, 2012 1:58pm Apr 18, 2012 1:58pm
1 Of 3 Positions taken today...
Attached Image (click to enlarge)
Click to Enlarge Name: eurnzd.gif Size: 39 KB
No man is free who is not a master of himself. -P.M.-
  • #1,339
  • Apr 20, 2012 7:32am Apr 20, 2012 7:32am
my beautiful messy charts lol with all my crazy trendlines and triangles and pyramids and shapes haha...but a nice breakout from the consolidation triangle...duh...it would break out to the upside because of the daily rope mixed with all the higher time frame moving averages supporting price...along with the daily pivot supporting the price as well...
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.gif Size: 51 KB
No man is free who is not a master of himself. -P.M.-
  • #1,340
  • Apr 26, 2012 11:46pm Apr 26, 2012 11:46pm
Inspiring thread. Thanks for sharing.
I
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