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Nb 10.0 trend trading system

  • #1,881
  • May 15, 2012 4:02pm May 15, 2012 4:02pm
Quoting jjasper7
there seems to be a gazillion indicators and ea s on page 1 to use, would someone please list the ones they have found to be the basic current best set? including weekly pivot levels
My understanding is they are all required for the system. Maybe just download the docs file and give it a read - it explains the installation process, what each indicator is for, and how they all fit together.

Good luck.
  • #1,882
  • May 15, 2012 4:05pm May 15, 2012 4:05pm
Quoting fire580
Can someone please confirm that on the Daily we are using "Mid" S/R levels?

Thank You in advance.
My daily shows both mid (dashed) and normal monthly SR levels. The monthly levels are labelled as such. The mids are not labelled - but they are clearly visible as the dashed lines btwn monthly SR levels.
Hope that helps
  • #1,883
  • May 15, 2012 4:12pm May 15, 2012 4:12pm
Quoting fxbarwise
13 closed trades, 2 losers, 342 pips (714 pips so far this week). If everyday can be like this, I will start trading this system live soon
Think this Euro situation has created some nice trends, which is a perfect test for this system. I'm up 600 pips in two days thanks to this system. Simply brilliant.
Thanks again to the various coders and Nanningbob!
  • #1,884
  • Edited 4:21pm May 15, 2012 4:17pm | Edited 4:21pm
cytek thank you for your response....for some reason I can either have S/R or Mid S/R not both? Even though I clicked on "add" mid levels - when I do that the S/R disapear and only the mids show?
  • #1,885
  • May 15, 2012 4:55pm May 15, 2012 4:55pm
Quoting cytek
Think this Euro situation has created some nice trends, which is a perfect test for this system. I'm up 600 pips in two days thanks to this system. Simply brilliant.
Thanks again to the various coders and Nanningbob!
cytek, I think you will find that ANY strategy will appear to be the "holy grail system" during periods of strong market sentiment, whether risk is on or off. I find that a good strategy is defined by how well it performs during periods of weak market consensus, hence the Nb 10.2 range trades. Please consider this as friendly advice. I'm no guru. I only mention this because I see you may be fairly new to forex.
An ounce of profitable logic is worth a pound of efficient code.
  • #1,886
  • May 15, 2012 5:02pm May 15, 2012 5:02pm
Quoting jjasper7
there seems to be a gazillion indicators and ea s on page 1 to use, would someone please list the ones they have found to be the basic current best set? including weekly pivot levels
Read the booklets and look at your charts. The 4H has pivot lines and 3MA lines. Then the 3 indicators, Slope and the open histograms. Actually quite simply laid out. Open histograms to keep you in the right direction, slope for strength of move. Pivot and MA lines for entrances and exits. Very simply laid out if you take the time to understand them. 5 basic indicators each having a specific function that covers every area of a trading decision.
1. which way did it go?
2. where do I start?
3. where do I end?
4. Should I do it again or should I quit?
  • #1,887
  • May 15, 2012 5:04pm May 15, 2012 5:04pm
Hi Bob, could I ask you to please not forget to explore the possibilities of an alert for the TMA True indi.
  • #1,888
  • May 15, 2012 5:25pm May 15, 2012 5:25pm
Who ever made the call on the aud/chf was correct. It went through the pivot to R1. A nice SRF trade. Sometimes I should be quiet I guess.

aud and nzd seems to have flattened out except against the usd. Maybe they will go into range mode now. Problem is I have seen them dang things just drift very slowly in one direction for weeks. The thing that is bugging me now is, except for the aud/chf we have not seen a decent re-tracement out of them for almost 3 weeks now. Wondering how much longer can this go on and getting a little jittery. I will look for a retrace above the MA lines and reenter on the aud/usd and nzd/usd but they may not do that. The rest no comment with the exception of aud/chf which appears to have gone back to the normal R1 to S1 movement. I will play that with it.

gbp continues to show a disconnect with the euro. Some going up, some going down.

gbp/usd finally broke south into a very nice trade yesterday.
gbp/cad and gbp/jpy continue to hug the weekly pivot on the south side.
gbp/nzd and gbp/chf continue to go up.
gbp is in schizophrenia for now.

eur continue to show weakness across the aboard except with the eur/aud and eur/nzd which appear to be ranging now.

usd/chf continues its march up, usd/cad doesnt want to follow, usd/jpy just broke its last swing high, is it going up now? usd seems to be gathering strength across the board so look to buy it.

My trading mood for today is, now what?? Some of these runs have been nice, how far do I follow them? I wish some would retrace so I could tell where to reenter the trend.
  • #1,889
  • May 15, 2012 5:26pm May 15, 2012 5:26pm
Quoting Pips4Fun
Hi Bob, could I ask you to please not forget to explore the possibilities of an alert for the TMA True indi.
Why use pesky pop-up alerts when you can have a multi-pair dashboard view. See spotdespot's post if interested:
http://www.forexfactory.com/showthre...16#post5651616
Attached Image (click to enlarge)
Click to Enlarge Name: dashboard.gif Size: 16 KB
An ounce of profitable logic is worth a pound of efficient code.
  • #1,890
  • May 15, 2012 5:28pm May 15, 2012 5:28pm
Quoting Pips4Fun
Hi Bob, could I ask you to please not forget to explore the possibilities of an alert for the TMA True indi.
As in above or below 4 or 8 alert?? I generally dont like alerts but it can be done.
  • #1,891
  • May 15, 2012 5:35pm May 15, 2012 5:35pm
Quoting nanningbob
As in above or below 4 or 8 alert??
I mean the TMA True, not the TMA Slope. An alert to inform on when price crosses either of the two bands.
  • #1,892
  • May 15, 2012 5:35pm May 15, 2012 5:35pm
Quoting RJo
Why use pesky pop-up alerts when you can have a multi-pair dashboard view. See spotdespot's post if interested:
http://www.forexfactory.com/showthre...16#post5651616
I suspect someone will develop a dashboard for this soon. It just needs time to be developed. If someone wants to do that it would be appreciated. I added Steve's EA to the last updates if you want to try it out and see how you like it. But it is in the development stage.
  • #1,893
  • May 15, 2012 5:41pm May 15, 2012 5:41pm
Quoting RJo
Why use pesky pop-up alerts when you can have a multi-pair dashboard view. See spotdespot's post if interested:
http://www.forexfactory.com/showthre...16#post5651616
True, they can be irritating, but in this particular case of the TMA True, you must sit up and watch for band-crossing to use them, if you wanted to range trade. All you have to do is switch them off when you don't need them.

And thanks for the link. I'll take a look.
  • #1,894
  • May 15, 2012 5:47pm May 15, 2012 5:47pm
Quoting RJo
Why use pesky pop-up alerts when you can have a multi-pair dashboard view. See spotdespot's post if interested:
http://www.forexfactory.com/showthre...16#post5651616
Again, this dashboard seems to be for the TMA Slope, not the TMA True. It doesn't save you having to ogle the screen for band-crossing. An alert would.
  • #1,895
  • May 15, 2012 5:58pm May 15, 2012 5:58pm
Quoting nanningbob
I added Steve's EA to the last updates if you want to try it out and see how you like it. But it is in the development stage.
I believe the EA is in form of more info on the screen. It doesn't save you having to sit up and watch pa for band-crossing. Of course, we'll just have to wait until someone feels up to it. My coding abilities do not go beyond modifying stuff in already working code.LOL.
  • #1,896
  • May 15, 2012 6:35pm May 15, 2012 6:35pm
Quoting Pips4Fun
True, they can be irritating, but in this particular case of the TMA True, you must sit up and watch for band-crossing to use them, if you wanted to range trade. All you have to do is switch them off when you don't need them.

And thanks for the link. I'll take a look.
I think you maybe putting more emphasis into the slope than is warranted. I just glance at it. sloping up or down. Remember the slope or angle is always angling up when it is above 0 and angling down when it is below 0. After that it is just a matter of how much of an angle. The more the angle the stronger the move and the better chance you have it will continue going in its direction. It is a simple read. Then go see where you want to enter your trade and you dont need the slope for that. Do you want to enter off of a S/R line or MA line or a previous high or low swing or even numbers like 000 last 3 digits of a 5 digit account. Just go in the direction the slope is telling you. Keep it simple and dont over read an indicator.
  • #1,897
  • May 15, 2012 6:55pm May 15, 2012 6:55pm
Quoting forexripper
Hi all,

Using NNBob's method I was short EU, GU and AU last Friday. TP was next S1 areas. AU closed 122 pips, EU closed 60 pips (there was more in it though), GU closed for 60 pips. So 3 trades all winners with 242 pips. I have CHFJPY short running.

Thanks NNBob. I will continue to use your way. I like the idea of looking for break of monthly pivot an dthen trade break of weekly pivot on H4. It has so far paid off.
fxripper, jemook,

All has fantastic run for the EU, GU and AU. Congrats!. But I tp mostly half way down only. Reason for that is, watching the price chopping up and down makes me neavous and afraid to hold, so I closed them prematurely.

My NzdUSD also closed prematurely...
  • #1,898
  • May 15, 2012 6:58pm May 15, 2012 6:58pm
Quoting fxbarwise
13 closed trades, 2 losers, 342 pips (714 pips so far this week). If everyday can be like this, I will start trading this system live soon
Many of us are trading live already, including myself. This system gives me 100% more sight when pulling the trigger.
  • #1,899
  • May 15, 2012 7:04pm May 15, 2012 7:04pm
Quoting cytek
Think this Euro situation has created some nice trends, which is a perfect test for this system. I'm up 600 pips in two days thanks to this system. Simply brilliant.
Thanks again to the various coders and Nanningbob!
cyterk,

Great that you had over 600pips! Able to watch naked price action is as important and follow 10.2 SOP. Start with D1 then down to lower TF for entry after/rejection of SR, or pivots. And use he Slope indi for a go, go.

Post your trades up even win or lose..
  • #1,900
  • May 15, 2012 8:48pm May 15, 2012 8:48pm
Quoting Kelisa
Many of us are trading live already, including myself. This system gives me 100% more sight when pulling the trigger.
It has been a nice run. Will it continue??
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