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Nb 10.0 trend trading system

  • #3,001
  • Jun 20, 2012 8:53am Jun 20, 2012 8:53am
Quoting Leokira
I think it wants me to loose even more money
Why would you short when the H4 and D1 slope for USD pairs are pointing north......... That is the hard thing I find about trading, the market move first and then the news justify it much latter.
Riding the order flow
  • #3,002
  • Jun 20, 2012 8:58am Jun 20, 2012 8:58am
Quoting Binyamin
Each broker will have different values. I am using IBFX US feed.
are you talking about daily or weekly values. My daily R1 is around 80.7
  • #3,003
  • Jun 20, 2012 9:11am Jun 20, 2012 9:11am
Quoting cmeade2
are you talking about daily or weekly values. My daily R1 is around 80.7
Oh yeah my bad I was referring to weekly pivot. Oops. Yen is depreciating.
Riding the order flow
  • #3,004
  • Jun 20, 2012 9:30am Jun 20, 2012 9:30am
NZDJPY hit TP1 at weekly R1 and triggered a pair of trades there... GBPJPY on the daily slope looks like it might give long signals soon.
Riding the order flow
  • #3,005
  • Jun 20, 2012 12:22pm Jun 20, 2012 12:22pm
Quoting Binyamin
NZDJPY hit TP1 at weekly R1 and triggered a pair of trades there... GBPJPY on the daily slope looks like it might give long signals soon.
Yes, even though D1 slope strength shows ranging, daily pivot > monthly pivot > weekly pivot so looks like UT could be forming...on gbpjpy that is.
  • #3,006
  • Jun 20, 2012 5:45pm Jun 20, 2012 5:45pm
Quoting Kelisa
USDCHF and USDCAD: Short. Below MP, and WP.
Looks like most of the USD pairs have triggered by this point.
  • #3,007
  • Edited 5:46pm Jun 20, 2012 5:45pm | Edited 5:46pm
Quoting lucklogic
Looks a v.good call to me
Not so sure now, seems to have bounced off Weekly S1 and Monthly Pivot, but still below Weekly Open, perhaps another down attack today...

It takes a lot for me to IGNORE you, but you can try.
  • #3,008
  • Jun 20, 2012 10:22pm Jun 20, 2012 10:22pm
Binyamin, In your backtest, you entered buy when the daily was in a UT, H4 slope was green and either price crossed pivot or crossed the MA and close towards the trend. Were you testing the daily system, but based on the 4H slope? Thanks for the clarification.
  • #3,009
  • Jun 20, 2012 11:14pm Jun 20, 2012 11:14pm
Quoting nonlinear
Binyamin, In your backtest, you entered buy when the daily was in a UT, H4 slope was green and either price crossed pivot or crossed the MA and close towards the trend. Were you testing the daily system, but based on the 4H slope? Thanks for the clarification.
No I didn't test daily at all. Maybe I should.
Riding the order flow
  • #3,010
  • Edited 5:02am Jun 21, 2012 4:43am | Edited 5:02am
Anyone know why the yen is falling? I know it doesn't matter, I am just curious because there doesn't seem to be any coverage on it. Maybe we will get some news when the trend is near the end.

Anyway I have set my buy limit orders at the pivots of the yen pairs that have green slopes on H4 and daily.

Took my profits from trades since monday on the USD pairs when the slope dip under 0.4.

anyone else on the JPY and USD bandwagon?
Riding the order flow
  • #3,011
  • Jun 21, 2012 5:58am Jun 21, 2012 5:58am
Hey everyone, I've been lurking around as a guest for a while and somehow only found this system today. I've gone over all the doc's and it looks great. I see that it is mainly for the H4, or so I think, but I am seeing some good setups on the daily with TMA well over .8.

So my question is is it okay to trade the daily with this system? Also I will see the H4 TMA at around .6 and then daily at .1 (in the same direction and both weekly indicators showing the same), is it safe to take a trade like this?

I would imagine this question has been asked before so I aplogise for asking it again, just a lot to search through for a specific answer.

Thank you all in advance and to the makers of this excellent system.
Pursuit of happiness
  • #3,012
  • Jun 21, 2012 8:17am Jun 21, 2012 8:17am
Quoting Poh
Hey everyone, I've been lurking around as a guest for a while and somehow only found this system today. I've gone over all the doc's and it looks great. I see that it is mainly for the H4, or so I think, but I am seeing some good setups on the daily with TMA well over .8.

So my question is is it okay to trade the daily with this system? Also I will see the H4 TMA at around .6 and then daily at .1 (in the same direction and both weekly indicators showing the same), is it safe to take a trade like this?

I would imagine this question has been...
Read the booklets again and you will have your answers. You have not yet grasped the system in my view.
  • #3,013
  • Jun 21, 2012 3:14pm Jun 21, 2012 3:14pm
Question: Suppose one entered a long trade on the daily when the weekly histogram was green, slope was over .4, and price was above pivot and the blue line. Then an hour later after some price action slope drops back under .4, do you immediately exit and look to renter later? Or is preferable to let the trade linger to see if slope returns over .4? How long? Same issue on the 4H.
  • #3,014
  • Jun 21, 2012 7:11pm Jun 21, 2012 7:11pm
Quoting Erebus
Not so sure now, seems to have bounced off Weekly S1 and Monthly Pivot, but still below Weekly Open, perhaps another down attack today...

OK, look what the USD-CAD did..... bounced off the MP, went from Weekly S1 to R1... anyone catch a piece of this?

How many of the "Rules" did this Price Action meet?

Anyone else like dark charts? I changed the colors in the TMA Slope so that the Buy Only & Ranging messages show up; if you want a copy, just ask!

Attached Image(s) (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #3,015
  • Edited 11:51pm Jun 21, 2012 11:26pm | Edited 11:51pm
Yesterday's JPY long trades nearly wiped out all my profit this week. I took the hit on NZDJPY and AUDJPY.

Update I entered long GBPJPY.
Riding the order flow
  • #3,016
  • Jun 21, 2012 11:29pm Jun 21, 2012 11:29pm
Quoting Binyamin
Yesterday's JPY long trades nearly wiped out all my profit this week. I took the hit on NZDJPY and AUDJPY.
May I suggest giving your trades more room to breath? We just crossed the daily pivot on NZDJPY and AUDJPY (as per 10.2) in the direction of the trend. It looks like it's about to go up again. Watch out for the monthly resistance.
  • #3,017
  • Jun 22, 2012 12:26am Jun 22, 2012 12:26am
Quoting Erebus
OK, look what the USD-CAD did..... bounced off the MP, went from Weekly S1 to R1... anyone catch a piece of this?

How many of the "Rules" did this Price Action meet?

Anyone else like dark charts? I changed the colors in the TMA Slope so that the Buy Only & Ranging messages show up; if you want a copy, just ask!

Hi Erebus,
I would not mind having a Copy of that TMA Slope, it would help me and stop me from staining my eyes whilst looking for the Ranging and Buy/Sell only messages.
In short I'd like a Copy .

many thanks...
  • #3,018
  • Jun 22, 2012 1:01am Jun 22, 2012 1:01am
I had intended to whip out a 10.2 dashboard, but have been sidelined by a couple other things requiring my immediate attention. I'll eventually come back to it, but I know there are others here working on dashboards.

If you can use them, attached, please find 10 audio clips you can use if you would like to include audio alerts in your indicators for this system. There are clips for the buy and sell sides of the various 10.2 trade types:

- Daily Trend
- H4 Trend
- Pivot Retrace
- Hourly Trend
- Hourly Range

I realize audio can be annoying but some people like them.

NB Audio Alerts.zip

Hi Roger,
Can you kindly tell me where these Audio files alerts should be placed e.g Indicators folder or Experts folder in MT4 ???

Cheers.
  • #3,019
  • Jun 22, 2012 1:58am Jun 22, 2012 1:58am
Quoting Jemook
May I suggest giving your trades more room to breath? We just crossed the daily pivot on NZDJPY and AUDJPY (as per 10.2) in the direction of the trend. It looks like it's about to go up again. Watch out for the monthly resistance.
Yeah I think you have a point about stoploss size. My sl yesterday was unusually tight because R1 and R2 is very close. I would have taken partial losses today (slope <0.4) if I had bigger stops. I will have to look into other stoploss criteria. Thanks.
Riding the order flow
  • #3,020
  • Jun 22, 2012 2:13am Jun 22, 2012 2:13am
Quoting xrismak
Hi Erebus,
I would not mind having a Copy of that TMA Slope, it would help me and stop me from staining my eyes whilst looking for the Ranging and Buy/Sell only messages.
In short I'd like a Copy .

many thanks...
Works great on dark chart, don't know about white charts.....

good luck, E.

Attached Image (click to enlarge)
Click to Enlarge Name: 0005.png Size: 64 KB
Attached File(s)
File Type: mq4 10.2 TMA slope v.1.4B 4.30 Color.mq4   10 KB | 730 downloads
File Type: ex4 10.2 TMA slope v.1.4B 4.30.ex4   10 KB | 534 downloads
It takes a lot for me to IGNORE you, but you can try.
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