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Tiger trend trading -long term position trading

  • #161
  • Jul 18, 2012 5:38pm Jul 18, 2012 5:38pm
Brigadier, manny. I've been absent from this thread for a while now.... long enough to get utterly frustrated with my own trading and i am now looking forward to following and testing your system.
i was thinging i would put together an EA to trade this strategy as it really would be better if I was not involved in day to day decisions.... then i see that you guys have already started.

i intend to begin testing your EA this weekend, is there any modifications / refinements that you were thinking of which you might like some assistance?
  • #162
  • Jul 18, 2012 8:38pm Jul 18, 2012 8:38pm
Hey Manny Supercat

I do have 1 more question for you, besides the 2nd confirmation, how long before you start stacking more orders into you trades, how many pips before you add more orders?

Sorry if I've missed this somewhere. Eve if I do use the EA I'll still be wanting to master this method. With great thanks to you for sharing this info with us.
  • #163
  • Edited 11:17pm Jul 18, 2012 11:01pm | Edited 11:17pm
Hi,
I read the topic. And i like this trading method. I like trend trading. But my english is poor. I want to ask , what do you use EMA cross lastly?

On daily =?
On 15 m =?

And how do you set stoploss for first entry.
I will be gratefull if you help.

I am really sorry for english.

And which pairs can be good for this trading method.

Thank you and have a nice day...
And thanks to supercat for sharing this method.
  • #164
  • Jul 18, 2012 11:33pm Jul 18, 2012 11:33pm
coolyman:
i havent been trading, i have been busy with so MANY things..
i still havent found a place to settle down so i can set up a PC exclusive for trading.
I will be soon... and I will post all my trades here when I do it.

answering your question..
go to the daily trend..e.g. if its down..then you only take short/sell orders

now, go to the 15 min or 5 min chart, wait for a sell signal.
now, if this is the first sell signal(ema cross) after a small uptrend
DO NOT TAKE IT..
wait for the second sell signal (ema cross)...
now..take this entry..this is somewhat of a confirmation of the downtrend.
again, nothing is guaranteed in trading..

at the end of the month..even if your entries were correct only 20-30% of the time, but if the trend had lasted for 300-500 pips..
you will be in profit without a doubt!!

does that answer your question?

thanks,
manny
Quoting thecoolyman
Hey Supercat hows your trading going.

I think I missed something here. I've been using the your system but I get confused at times and wanted to confirm something. When your waiting for your entry trigger, you get the crossoover then the arrow. Then you stated you wait for the 2nd confirmation (??) whats the 2nd 1? Is it a candle closing on the other side? I've read over it again and I'm missing the 2nd confirmation you speak of. I've been making a few good trades but a few bad 1's as well, guess that goes with trading. Right now it's been a...
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #165
  • Edited 11:44pm Jul 18, 2012 11:43pm | Edited 11:44pm
stacking:
it depends on your screen time..and your timeframe..
if you are using 5 mins for entry..i think you cannot go crazy with it..
because there will be too many entries..and you might face a lot of these tiny losses in a row..now,
with 15 mins...i think you could take most of it.
(assuming the SL is very low)

between orders, maybe a buffer of 10-20 pips (15 min entries) would be great..because if its a tight range there would be multiple entries so close by, i think its not worth it.

and again..when in doubt...DO NOT ENTER..
because with this method as long as you are with the trend..
you will have many ..many chances to get in again.

thanks,
manny


Quoting thecoolyman
Hey Manny Supercat

I do have 1 more question for you, besides the 2nd confirmation, how long before you start stacking more orders into you trades, how many pips before you add more orders?

Sorry if I've missed this somewhere. Eve if I do use the EA I'll still be wanting to master this method. With great thanks to you for sharing this info with us.
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #166
  • Jul 18, 2012 11:57pm Jul 18, 2012 11:57pm
Carlito my friend,
thanks for your kindness in helping this cause..

as you know, brigadier has programmed this EA called TTT ver1.0..
and now..
We are including a few minor changes like SL modification etc.

I would love that you could help us in testing..
if you could help us with backtesting that would be great.
Brigadier would post the modified EA..VER1.1,
here with the changes...

my thing is..if all of us could finish the backtests with confident numbers
then, we could get into forward testing on a demo with this ea, soon..because i see a lot of promise and PIPS.

thanks for the help and I will keep you posted here

thanks,
manny


Quoting carlitodog
Brigadier, manny. I've been absent from this thread for a while now.... long enough to get utterly frustrated with my own trading and i am now looking forward to following and testing your system.
i was thinging i would put together an EA to trade this strategy as it really would be better if I was not involved in day to day decisions.... then i see that you guys have already started.

i intend to begin testing your EA this weekend, is there any modifications / refinements that you were thinking of which you might like some assistance?
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #167
  • Jul 19, 2012 12:52am Jul 19, 2012 12:52am
Selim:
I am explaining it with gbpusd as an example..
if you see the daily..its in an uptrend..3/5 ema

now, go to the 15 min chart
with 3/5 ema

i have shown on the chart my entries and stop loss placement.
i place my sl below the candle when the cross occurred + 2-5 pips safety net.

about the pairs..
I prefer the trending pairs almost all the majors except usdcad...
then, I love eurnzd, gbpnzd, gbpchf, eurjpy, gbpjpy etc.
I do NOT like EURCHF.

thanks,
Manny


Quoting selim
Hi,
I read the topic. And i like this trading method. I like trend trading. But my english is poor. I want to ask , what do you use EMA cross lastly?

On daily =?
On 15 m =?

And how do you set stoploss for first entry.
I will be gratefull if you help.

I am really sorry for english.

And which pairs can be good for this trading method.

Thank you and have a nice day...
And thanks to supercat for sharing this method.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd entry example-uptrend.gif Size: 63 KB
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #168
  • Edited 1:19am Jul 19, 2012 1:16am | Edited 1:19am
Brigadier:
hope you are feeling better..

I hate to do this..But,
I completely forgot about it..initially, I had a request to implement the following logic for stop loss..
is there any way you could implement the below syntax for stop loss..
this is the 15 min chart,
with entries on the candle at the 3/5 ema cross (on every cross per main trend)
and sl exactly below the candle we entered + 3-5 pips...
instead of setting sl below the previous low.

well..I think we could ...keep the sl options as:-
1. high/low of previous 15 min (with a restricted pip value)
2. hard stop loss
3. low/high of the current candle close @ ema cross, on 15 min chart (attached a chart for visual clarity)

let me know if its ok with you?

I hope I am not messing with your focus..sorry.

Thanks,
Manny

Quoting TheBrigadier
OK, with 1.0, it is possible to have a margin call simply because your balance drops due to having so many open trades, regardless of whether they are all in profit. I saw that and added some code to prevent the EA from opening new trades when you reach a user specified percent of margin level. So if you're margin drops below a certain percent, it will wait for some trades to close before opening new ones.

If you want to test with $10,000, I'd suggest using mini lots.

Closing Trades in an Uptrend
We are in an uptrend when the short...
Attached Image (click to enlarge)
Click to Enlarge Name: stop loss option.gif Size: 68 KB
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #169
  • Jul 19, 2012 2:22am Jul 19, 2012 2:22am
There's nothing to like in EURCHF since last year. No long term trends to ride, the pair is pretty much dead. Not even worth a look until SNB drops its support.
I'm curious on how you select pairs to trade, though. Personal discretion?

Barbossa
  • #170
  • Jul 19, 2012 5:06am Jul 19, 2012 5:06am
my today trades

Attached Image (click to enlarge)
Click to Enlarge Name: buy usdchf.gif Size: 23 KB
  • #171
  • Jul 19, 2012 2:59pm Jul 19, 2012 2:59pm
I like the big movers..like gbpusd, eurjpy, eurnzd etc.
they have long lasting trends that go for many pips..
on the daily.

most of the majors are generally safe because they trend, except usdcad.


Quoting Barbossa
There's nothing to like in EURCHF since last year. No long term trends to ride, the pair is pretty much dead. Not even worth a look until SNB drops its support.
I'm curious on how you select pairs to trade, though. Personal discretion?

Barbossa
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #172
  • Jul 19, 2012 3:21pm Jul 19, 2012 3:21pm
My friend,
are you using manual entries or ea?

thanks,
manny
Quoting amiralifx
my today trades

Attachment
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #173
  • Jul 19, 2012 4:02pm Jul 19, 2012 4:02pm
Thanks for the reply's Manny, they are very helpful. Sometime I can't see the forest cuz the tree's are in my way.

I'll be watching more closely now.

I've been back testing the EA but I've placed it on the EURJPY and it's been running for a few days now and it hasn't placed any orders. What TF is it set for?? Looking forward to testing the new version out as soon as it gets posted. I trade on ILQ and forex.com, been testing it on demo with forex.com. Back tested the EA on M15 and it lost half of the account. Ran it on H1 and come out with apx +1450(+/-), running it now on daily but it super slow so I'll post it when I get it done.

Any ideals when the new version is coming out. I have the old 1 running on demo, the crossover EA without a exit on EURUSD and it been doing pretty good so far.

Happy pippin everyone
  • #174
  • Jul 19, 2012 9:41pm Jul 19, 2012 9:41pm
Quoting supercat1977
My friend,
are you using manual entries or ea?

thanks,
manny

hi

i use manual entries.
  • #175
  • Jul 19, 2012 10:20pm Jul 19, 2012 10:20pm
Quoting amiralifx
my today trades

Attachment
3 orders closed

Attached Image (click to enlarge)
Click to Enlarge Name: order closed.gif Size: 12 KB



my open orders at this moment

Attached Image (click to enlarge)
Click to Enlarge Name: history.gif Size: 25 KB
  • #176
  • Jul 20, 2012 12:54am Jul 20, 2012 12:54am
my today program for trade :

gbpusd only buy

eurusd only sell

eurjpy only sell

gold only sell

usdchf only buy

gbpusd only buy

audusd only buy

thanks supercat for sharing this system

good luck
  • #177
  • Jul 20, 2012 1:54am Jul 20, 2012 1:54am
hello,

I saw that you use entry based on 15m TF and 5m TF, which of these 2 kinds of entries are better?

Do u have any personal advice?
  • #178
  • Jul 20, 2012 5:46am Jul 20, 2012 5:46am
I have tried both...

i prefer the 15 min over 5min...as I am trying this system on an ea.

5 min entries..there will be too many losses..(your losses will be very small)
BUT when the trend gets the momentum...you will have tonnes of pips in positive!!





Quoting bergax
hello,

I saw that you use entry based on 15m TF and 5m TF, which of these 2 kinds of entries are better?

Do u have any personal advice?
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #179
  • Jul 20, 2012 5:49am Jul 20, 2012 5:49am
Coolyman:
Thanks for your input.

please let me know..
which ea are you using...
and what settings?

I can help you with that.

Thanks,
Manny

Quoting thecoolyman
Thanks for the reply's Manny, they are very helpful. Sometime I can't see the forest cuz the tree's are in my way.

I'll be watching more closely now.

I've been back testing the EA but I've placed it on the EURJPY and it's been running for a few days now and it hasn't placed any orders. What TF is it set for?? Looking forward to testing the new version out as soon as it gets posted. I trade on ILQ and forex.com, been testing it on demo with forex.com. Back tested the EA on M15 and it lost half of the account. Ran it on H1 and come out with...
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #180
  • Jul 20, 2012 5:51am Jul 20, 2012 5:51am
Amiralifx:
Thanks for sharing your views..

I wish you grand success with this style of trading..
please keep sharing your trades and thoughts.

we greatly appreciate it..
everyone of us.

thanks,
manny

Quoting amiralifx
my today program for trade :

gbpusd only buy

eurusd only sell

eurjpy only sell

gold only sell

usdchf only buy

gbpusd only buy

audusd only buy

thanks supercat for sharing this system

good luck
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
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