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Nb 10.0 trend trading system

  • #2,141
  • May 19, 2012 5:07am May 19, 2012 5:07am
Quoting nanningbob
10% a week that would make you a very successful trader. Can you give us your lot size that you used?
http://www.myfxbook.com/widgets/307147/mini.jpg

I achieved 14% this week using:

- 2% risk on each trade for H1/H4 timeframe re-entries using 5 MA in direction of trend. Stops were placed above previous swing high/low.

- 2% risk on each weekly pivot break trade using stops placed outside previous pivot.

I was either limiting out on trades or closing trades whenever my gut said to. In saying that we did have a beautiful trending week so let's see how good next week is to us!
  • #2,142
  • May 19, 2012 5:29am May 19, 2012 5:29am
Quoting Jemook
Please see Verb's codex for system rules. Also I think you should take this discussion to the Steve Hopwood forum where we are already discussing this:

http://www.stevehopwoodforex.com/php...t=562&start=50

Nice trading this week fella's, see you on Monday!
Excellent! That's exactly what I was looking for. Nice and concise. I'll check out the other forum as well. I guess I missed that. I managed to spend a couple hours yesterday laying the basic framework for the dashboard. Hopefully it will be a worthy addition to an already great system.
  • #2,143
  • Edited 5:44am May 19, 2012 5:29am | Edited 5:44am
Quoting roger-write

In an effort to gain a more thorough understanding of the system, and if nobody else that you know of is working on one, I would like to contribute a dashboard to this project. What I would like to do is boil things down to the most useful information to display. I would also like to give meaningful alerts as well.

For those "in the game" and actually trading this system, what do you feel would be the most relevant information to see in a dashboard?

Thank you for this generous offer. Please permit me to suggest two things:

1. As earlier, I suggest an alert for the TMA True Indicator, with on/off options for each of the upper and lower bands when crossed by price.

2. Two eas (SELL and BUY) that will work with this same indicator's outter bands. One to enter a SELL trade when price re-enters the north band after going outside it, and the other to enter a BUY trade for the south band re-entry. Just like we now have for the 3 5MAs.

These should be able to function as stand-alones but may also work with the dashboard.

Thank you.
  • #2,144
  • May 19, 2012 5:43am May 19, 2012 5:43am
Quoting nanningbob
Any issues with the last updates I posted?? I will put them on pg 1 this weekend. I will add the numbers back into the slope indicator is the one issue I will change. The EAs have worked for me and the indicators are working also. I need to know today if there is anything else.

Could the BarsToProcess setting that has been added to the pivot indicators be also added to the Weekly (1MA) Open indi? As it is, it remains the only line extending across the chart endlessly.

Otherwise, all else seems just fine and ready for take-off (it's actually already in the air really)!

Have a great week-end.
  • #2,145
  • May 19, 2012 6:48am May 19, 2012 6:48am
Nanningbob, you're a flippen genius!!! If we cant be successful, I guess we must rather stick with our jobs! This system is soooo easy!! My promise to you now, will be trading this system for one year now, after this year I will contribute 5% of the account towards a charity of your choice.

Thanks for your dedication and time you put in!!!!
--We are products of our own decisions--
  • #2,146
  • May 19, 2012 6:55am May 19, 2012 6:55am
Quoting Jpklouw
Nanningbob, you're a flippen genius!!! If we cant be successful, I guess we must rather stick with our jobs! This system is soooo easy!! My promise to you now, will be trading this system for one year now, after this year I will contribute 5% of the account towards a charity of your choice.

Thanks for your dedication and time you put in!!!!
From post #1:-

"If you find my system helpful please make a donation to: http://www.compassion.com/ "
  • #2,147
  • May 19, 2012 7:36am May 19, 2012 7:36am
Quoting nanningbob
10% a week that would make you a very successful trader. Can you give us your lot size that you used?
I was using .05(1% risk) lot size, and mptm to exit at 1% tp/2% sl on the whole basket. It only hit the sl once during the week.

Thanks for sharing your excellent system with us.
  • #2,148
  • May 19, 2012 8:38am May 19, 2012 8:38am
Quoting nanningbob
Any issues with the last updates I posted?? I will put them on pg 1 this weekend. I will add the numbers back into the slope indicator is the one issue I will change. The EAs have worked for me and the indicators are working also. I need to know today if there is anything else.
Just noticed that in D1, the text and extensions of the mid pivot lines do not show up. Not sure if that's a fault from my end or some bug in the code.
  • #2,149
  • May 19, 2012 9:17am May 19, 2012 9:17am
Quoting Jemook
http://www.myfxbook.com/widgets/307147/mini.jpg

I achieved 14% this week using:

- 2% risk on each trade for H1/H4 timeframe re-entries using 5 MA in direction of trend. Stops were placed above previous swing high/low.

- 2% risk on each weekly pivot break trade using stops placed outside previous pivot.

I was either limiting out on trades or closing trades whenever my gut said to. In saying that we did have a beautiful trending week so let's see how good next week is to us!
Using 0.1 lots for each trade on a $5000 account I generated 31% this week. Wow!!! lovely!!!
Thanks NNBob.
  • #2,150
  • May 19, 2012 9:41am May 19, 2012 9:41am
I had a few more hours today to work on the dashboard. Below is a screenshot in it's raw form. It's just of bunch of data now. The fun part will be turning the data into candidates for actual trades.

Here are some notes:

- Each column can be turned on or off
- The list of pairs come from a CSV file so you can customize your list
- You color the groups of pairs as you wish
- The TMA values are gray for ranging zone, darkgreen/darkred for mild trend, and bright green/bright red for full trend
- WkSRAbove/WkSRBelow/MnSRAbove/MnSRBelow shows which SR lines are currently above/below the current price
- You can turn the header on or off
- You can use the raw values or have it show pip values for things like relative weekly open, etc.

I think that's about it for the moment. Like I say, the fun will happen when the dashboard can give us real trading candidates and times to TP.

Not quite ready to post the indicator just yet. I probably won't work on it any more this weekend, though.

Attached Image (click to enlarge)
Click to Enlarge Name: nbdash1.gif Size: 55 KB
  • #2,151
  • May 19, 2012 10:21am May 19, 2012 10:21am
Quoting roger-write
I had a few more hours today to work on the dashboard. Below is a screenshot in it's raw form. It's just of bunch of data now. The fun part will be turning the data into candidates for actual trades.

Here are some notes:

- Each column can be turned on or off
- The list of pairs come from a CSV file so you can customize your list
- You color the groups of pairs as you wish
- The TMA values are gray for ranging zone, darkgreen/darkred for mild trend, and bright green/bright red for full trend
- WkSRAbove/WkSRBelow/MnSRAbove/MnSRBelow shows which...
way to go man......
  • #2,152
  • May 19, 2012 10:39am May 19, 2012 10:39am
Had this AU trade triggered by the EA sell only 5.3 in H1. Missed the 50pips ride down, price came back and the MPTM 25+10 set BE+10, closed the order.

Question, does the MPTM25+10 runs on all pairs across the MT4? I believe it is when manage all pairs is true.

OK, how can I set it to jump, say, every 15pips? Izzit set jumping to true and jumping stop pips to 15? And leave the rest false?

Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-19_2329_AU_ea_sell_5.3.png Size: 34 KB
  • #2,153
  • May 19, 2012 11:07am May 19, 2012 11:07am
Quoting Pips4Fun
Just noticed that in D1, the text and extensions of the mid pivot lines do not show up. Not sure if that's a fault from my end or some bug in the code.
The mid pivots are not extended. Not real vital to the system but in a ranging market you might consider taking profit there, in a trending market it gives you an entrance point.
  • #2,154
  • May 19, 2012 11:08am May 19, 2012 11:08am
Quoting forexripper
Using 0.1 lots for each trade on a $5000 account I generated 31% this week. Wow!!! lovely!!!
Thanks NNBob.
Lets see my commission on that is ............... hmmmmmmmmmm Good job.
  • #2,155
  • May 19, 2012 11:08am May 19, 2012 11:08am
Quoting Kelisa
Had this AU trade triggered by the EA sell only 5.3 in H1. Missed the 50pips ride down, price came back and the MPTM 25+10 set BE+10, closed the order.

Question, does the MPTM25+10 runs on all pairs across the MT4? I believe it is when manage all pairs is true.

OK, how can I set it to jump, say, every 15pips? Izzit set jumping to true and jumping stop pips to 15? And leave the rest false?

Yes I believe that would do it.
  • #2,156
  • May 19, 2012 11:18am May 19, 2012 11:18am
GBPCHF - Looking for shorts after retracement near WS1. Price broke below weekly pivot. TMA slope -0.62 on H1
  • #2,157
  • May 19, 2012 11:20am May 19, 2012 11:20am
Quoting nanningbob
Yes I believe that would do it.
thanks bob.
  • #2,158
  • May 19, 2012 11:26am May 19, 2012 11:26am
My Monday predictions, hope you dont mind me bragging just a little

gbp thoughts, this one is all over the place with ranges UT, Range and possible DT.
gbp/usd, Just crossed the monthly pivot and below the weekly pivot so I would look for sells Went South about 400 pips
gbp/jpy is below both pivots but has been ranging with a bias to the sell side. So I would look to sell. Went south about 300 pips
gbp/chf and gbp/nzd is in a strong UT, but will it continue with other gbp showing sell bias. I would still stay with buys on the dips. gbp/chfWent up 120 pips and then went down. After crossing the weekly pivot about 80 pips south. gbp/nzd went up 330 pips first time, retraced and then went up 430 pips

gbp/cad just broke weekly pivot. Watch the monthly mid pivot on the daily chart if it breaks there it could be switching trends to a DT. If it bounces there continue to buy back into the trend. Ranged all week about 65 pips above the pivot and 75 pips below the pivot

gbp/aud still looks good as a buy. Let there be a dip and buy back into the trend. If it breaks the weekly pivot south then it may be a trend reversal start. Ranged all week 140 pips above the open and 140 pips below the open. 3 buys back into the trend and 1 sell below the weekly pivot. This pair gives you a good idea how you will be trading when prices are ranging. Just buy above the pivot, sell as it goes below.
  • #2,159
  • May 19, 2012 11:27am May 19, 2012 11:27am
Very rare that this pair can go pass SR3. I see a SRF on this pair now. Will probably aim south monday, target pivot. Haha, maybe too ambitious, but we'll see, with new setting on MPTM
Attached Image (click to enlarge)
Click to Enlarge Name: 2012-05-20_0023_usdchf_srf_.png Size: 32 KB
  • #2,160
  • May 19, 2012 11:29am May 19, 2012 11:29am
Quoting Kelisa
GBPCHF - Looking for shorts after retracement near WS1. Price broke below weekly pivot. TMA slope -0.62 on H1
but if price goes above WS1, my sentiments will change, hehe.
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