Nb 10.0 trend trading system | Page 98 | 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

  • #1,941
  • May 16, 2012 4:40am May 16, 2012 4:40am
I took the bait

EDIT - Just closed this for ~ +65
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-16 07.40.15 pm.png Size: 59 KB
  • #1,942
  • May 16, 2012 4:41am May 16, 2012 4:41am
Bob

Canu advise please. Some of the spreads are 13 - 15 pips.

Do you have similar spreads ? Are thjere any you don't look at because of the spread ?

Cheers

Chuck
  • #1,943
  • May 16, 2012 5:03am May 16, 2012 5:03am
A trick I've been using is to have the auto-trade EA set on all the pairs but only trading .01 lots. So the robot will take a (miniscule) trade and then I can have a look to see where it has entered and decide to take the trade or not with full lot sizes. It's kind of like an alert system.
  • #1,944
  • May 16, 2012 5:07am May 16, 2012 5:07am
Quoting nanningbob
Sorry I misunderstood your question earlier. We stripped some of the bells and whistles out of the indicators so they would use less memory. Here is a version that does have the warning for breaking the upper and lower bands. I also set the numbers to match the slop of this system. The bands were made tight so that price would go outside of the bands warn you and then you take the trade as it comes back in. Never developed the lower TF trading with this system. The 2.23 was the last date it was adjusted.

I took a look at the attached alert.

The TMA True indicator of this system does such a perfect job of picking out just the right times to buy and sell in a flat market. The attached alert does not align with it and will give several false alerts, even after re-setting its ATRPeriod to 20.

So an alert for the TMA True indicator of this system is still very much required....if there are any takers for this assignment, it will be so greatly appreciated.
  • #1,945
  • May 16, 2012 5:10am May 16, 2012 5:10am
Quoting Jemook
A trick I've been using is to have the auto-trade EA set on all the pairs but only trading .01 lots. So the robot will take a (miniscule) trade and then I can have a look to see where it has entered and decide to take the trade or not with full lot sizes. It's kind of like an alert system.
That'a a brilliant idea - if you are around your pc at the time.
  • #1,946
  • May 16, 2012 5:26am May 16, 2012 5:26am
Quoting Jemook
A trick I've been using is to have the auto-trade EA set on all the pairs but only trading .01 lots. So the robot will take a (miniscule) trade and then I can have a look to see where it has entered and decide to take the trade or not with full lot sizes. It's kind of like an alert system.
Hi Jemook,

On what TF you set EA. I think it's kind of risky just before big news release isn't it.

PS. The idea is nice anyway
  • #1,947
  • May 16, 2012 5:31am May 16, 2012 5:31am
Quoting Vanatur
Hi Jemook,

On what TF you set EA. I think it's kind of risky just before big news release isn't it.

PS. The idea is nice anyway
Can you trade .001 lots? for me .01 isn't enough to break the bank. Also, the auto-trading EA works on all timeframes, please see Steve Hopwoods forum for more information: http://www.stevehopwoodforex.com/php...php?f=37&t=552

Also here's a blurb by Steve which is another reason why it's good to have the auto-trader up and running:

Quote
There is no way in the world that an EA can come better than within hailing distance of Bob's skill as a trader. What it does do brilliantly is: monitor the markets all day round; remove the human emotion element from trading. Let's see how close we can drag NB to being as good as its system designer.
  • #1,948
  • May 16, 2012 5:41am May 16, 2012 5:41am
Jemook, thanks a lot for sharing Steve Hopwood's forum.
  • #1,949
  • May 16, 2012 5:53am May 16, 2012 5:53am
Quoting Jemook
Make sure you use 10.2 5.1 MA SELL ANY TF SHFM 5.11

Note the bold 5.1 this is the BLUE MA. The 5.3 and 5.5 are used if you want to trigger off the 2 other MA's.
Hi thanks.
I am sure I'm using the right EA. May be I revert to the old EA and try.
  • #1,950
  • May 16, 2012 6:26am May 16, 2012 6:26am
Quoting panamamike
Not to argue but I also like fundamental rebalancing and being on the correct side of the market. Your system puts us there, keeps you there, and allows to get out and back in to the main move. I love how well your system puts one on the correct side. At he end of he move he small loss to what is earned is a cost of doing business. I truly was not criticizing yor system. I think it is great. I agree and think this may end up being a larger rebalancing of currency than 2008 and 2010.
I never thought you were criticizing me ............ Just making statements. I like your input and want you to contribute. It is times like these that used to drive me nuts when I CT traded all the time. Now I can read quickly and adjust my trades in the market.
  • #1,951
  • May 16, 2012 6:29am May 16, 2012 6:29am
Quoting Chuckyisback
Bob

Canu advise please. Some of the spreads are 13 - 15 pips.

Do you have similar spreads ? Are thjere any you don't look at because of the spread ?

Cheers

Chuck
I dont know if you have a 5 digit or 4 digit broker. If it is 5 digit that is very cheap and is 1.3-1.5 spread. If it is a 4 digit of 13-15 pips you will see these on some exotic pairs like gbp/nzd but that is not normal for standard pairs.

I dont consider spreads. I just enter when it seems appropriate. IBFX has good spreads and to me the difference between 2.2 and 3.5 is not worth fighting over.
  • #1,952
  • May 16, 2012 6:31am May 16, 2012 6:31am
Quoting Jemook
I took the bait

EDIT - Just closed this for ~ +65
Nice - was in the same trade. Took my 50 pips and ran
Now I just need EuroUsd pair to do same....
  • #1,953
  • May 16, 2012 6:33am May 16, 2012 6:33am
Quoting Jemook
I took the bait

EDIT - Just closed this for ~ +65
It missed my TP by 2 pips so I lost a bunch of pips, closed at 37 manually. Would have had over 75. Sometimes I wonder about brokers but cant prove that one . I almost always manually close trades because TP too often seemed to just get missed.
  • #1,954
  • May 16, 2012 6:39am May 16, 2012 6:39am
Quoting nanningbob
It missed my TP by 2 pips so I lost a bunch of pips, closed at 37 manually. Would have had over 75. Sometimes I wonder about brokers but cant prove that one . I almost always manually close trades because TP too often seemed to just get missed.
Yeah - closest I got once was 1 pipette (5th digit!!) from t/p without closing. That hurt!!!!
  • #1,955
  • May 16, 2012 6:49am May 16, 2012 6:49am
Quoting nanningbob
It is times like these that used to drive me nuts when I CT traded all the time. Now I can read quickly and adjust my trades in the market.
Indeed. 10.2 puts CT in its proper place. It lets you know when it can be used and when not.
  • #1,956
  • May 16, 2012 6:49am May 16, 2012 6:49am
Quoting nanningbob
It missed my TP by 2 pips so I lost a bunch of pips, closed at 37 manually. Would have had over 75. Sometimes I wonder about brokers but cant prove that one . I almost always manually close trades because TP too often seemed to just get missed.
Hi,

Do you reckon the GU is done, or just retracing for another sell push.
Daily shows ranging, and H4 sell (0.9 TMA slope) - one of those toss a coin moments too?
  • #1,957
  • May 16, 2012 7:01am May 16, 2012 7:01am
Quoting nanningbob
It missed my TP by 2 pips so I lost a bunch of pips, closed at 37 manually. Would have had over 75. Sometimes I wonder about brokers but cant prove that one . I almost always manually close trades because TP too often seemed to just get missed.
You are not alone in wondering. That's why I agree completely with what you said sometime earlier about just taking 35 - 40 each time and re-trading retracements, rather than sitting in for the long haul and having the market do a sudden turn-around or your crim do you in at your TP. This way, you sometimes end up actually taking more than there is on the table. Trouble is you have to be around your pc to do it!
  • #1,958
  • May 16, 2012 7:10am May 16, 2012 7:10am
Quoting nanningbob
I dont know if you have a 5 digit or 4 digit broker. If it is 5 digit that is very cheap and is 1.3-1.5 spread. If it is a 4 digit of 13-15 pips you will see these on some exotic pairs like gbp/nzd but that is not normal for standard pairs.

I dont consider spreads. I just enter when it seems appropriate. IBFX has good spreads and to me the difference between 2.2 and 3.5 is not worth fighting over.
Many thanks Bob
  • #1,959
  • May 16, 2012 7:23am May 16, 2012 7:23am
Quoting nanningbob
It missed my TP by 2 pips so I lost a bunch of pips, closed at 37 manually. Would have had over 75. Sometimes I wonder about brokers but cant prove that one . I almost always manually close trades because TP too often seemed to just get missed.
I'm actually looking for an EA that can be set once to:

Lock 10 at 25
Lock 25 at 35
TP at 40
Set visible TP with broker at 50
  • #1,960
  • May 16, 2012 7:30am May 16, 2012 7:30am
Quoting Pips4Fun
I'm actually looking for an EA that can be set once to:

Lock 10 at 25
Lock 25 at 35
TP at 40
Set visible TP with broker at 50
Have you tried Cavemanagers V1.41. I'm not up to date/don't necessarily understand all the features but have a look.

I hope I've attached the EA properly
Attached File(s)
File Type: ex4 THV CaveManager v1.41.ex4   63 KB | 276 downloads
0 traders viewing now