Tiger trend trading -long term position trading

I have got today some small losses but now I have 3 positions opened with floating about +113 pips

Sell EUR/USD GBP/JPY EUR/JPY

Can I ask you if you enter on every signal that lower TF generates or you choose them?

Thank you.

Bergax:
I see the daily candle on eurjpy..wow...its a beautiful day!!
..thats awesome
you did make some healthy pips..

anyways..if i choose them?..
no..i dont..if its there i take it!!

because i do not have the power to predict which one will stand
or which one will die..
with a systems trading..
if you have to trade signals..you have to take it when u see it..
now, set your own rules if you see too many signals too close..
lets say in a range of 5-20 pips..take maybe 1 or 2 trades..

but, if it is a healthy trend..go for it..I am talking about the 15 min TF.

thanks,
manny

Bergax:
I am assuming you are using the manual entries as opposed to
the ea? right?

thanks,
manny

Hi supercat,

Firstly, congratulations for your job !
I have a problem, i have correctly installed your ea "TT v1" on a lot of charts but since yesterday, I have no trade open whereas the ea "Kollier' opened a lot of trades.

Is it normal ?
Thanks a lot.

I have been using manual entries based on 5m TF so far, I will see if 15m TF with less false signals is not better. I hope I will try it next week.

I am thinking about managing opened positions, like partial closes or something like that. Divide position into 2-5 smaller and closing according to reverse signal on 5, 15m TF, simply I do not want to let positions those are + 100 pips go into a lose.

Can I know how long do u use this system?

Thank you for answers.

Regards

Bergax:
Absolutely, thats how it should be!!
thanks for your ideas, input and the big help..i greatly appreciate it.

I have the same thought process...but with the ea testing..I am taking it as
a step by step approach....and then, eventually to know the most effective partial close strategy..

Brigadier had programmed sl=tp as partial close..meaning closing 50% of the order..which is almost as good as BE.

now, initially i had proposed 2 order entries in this thread..
which i think is very effective in a trending period, mostly..
entering with 2 lots and closing 1 lot when there is a violation of the daily candle high or low..again, i am working on the finer details of partial exit!!

FYI...its explained here in detail..
http://www.forexfactory.com/showthre...48#post5838948

about the system..
its still a work in progress..collection of ideas that would
evolve into a "definite set of rules" that yields profit..
to be precise..3 months or so..
again,
I would like to say..thus so far, its to be categorized as "testing" instead of '"trading"..


thanks,
manny

I am thinkng that good choice for partial closing is like you said open 2 smaller positions.

next possibilieties are:

1) After X pips close 1 position and second half move to BE. I like the idea moving the second half to BE because, if the retracement will be so big that the price return to the entry point there is higher possibility of getting a SL after that. That retracement will create other options to enter back when the price get again favourable direction.

2) Closing positions according daily candles, breaking low/high of previous day candle. It will give more breath to the trades, but I would like to squeeze as more pips as possible and closing according daily candles is about -100/+100 pips difference.

3) Simply trail the positions. I dont like this option.

4) Close half after opossite signal on 15M or 5M, but just when the signal is created at least 50-100 pips, it will make no sense after that.

I love this system because it could be effective and simple to use.

my history



my open orders



thanks supercat for sharing your beautiful system.

goodluck

Some of today trades

Goodgame:
thank you..

I havent forward tested the ttv1...
but, i have the kolier ea..
and i have seen that kolier ea does open trades..

now, i have backtested both the eas..and i know they both work on backtest..
you could see the attached results for both, in this thread..
some really crazy returns..

so, i think..maybe we have to wait till brigadier returns to know
the answer...btw, what are your settings on tttv1.0?

keep us posted on how things are going.

thanks,
manny

that looks awesome my friend...

thanks for your charts..

Well, I haven't change setting fort the ea TT v1.
But I have used the kollier ea and I have a lot of great results indeed but it's very difficult to exit each trade when you don't have the time to wait on the computer all the day.
It should be interesting to program exit for the ea kollier but I think it's difficult.

Thanks again for all,
Have a good week end.

And an other question is: What leverage do you use with the ea Kollier ?

Thanks a lot ;-)

1;200 on aaafx..(demo)

you are welcome.

Thanks man.
Have you changed the setting of the ea Koliier ?
That is to say, put EMA 3,5 and not 5,10 ?

Goodgame:
yes, its 3/5 ema for the daily and the 15 mins.

thanks,
manny

Run this on the 15 minute chart or whatever you have PeriodShort set to when testing.

ShortEMA - the quick ema for the longer time frame, such as the 3 on daily
LongEMA - the slow ema for the longer time frame, such as 5 on daily
FastShortEMA - the quick ema for the shorter time frame, such as 3 on 15M
FastLongEMA - the slow ema for the shorter time frame, such as 5 on 15M
PeriodLong - period of the longer time frame (daily)
PeriodShort - period of the shorter time frame (15M)
Type - type of MA; simple, ema, etc
Lots - number of lots per trade
Slippage - maximum slippage in price
Minimum margin - the EA will stop taking trades if margin free margin falls below this percent
StopLossType - 0 means you will only use a hard stop loss predefined by the variable HardStopLoss; 1 means you will set stops at the high or low of the current bar of the time frame specified by StopLossPeriod; 2 or anything else will set the stop at the previous high or low of the time frame specified by StopLossPeriod up to the MaxStopLoss, if this is breached then MaxStopLoss is used, if this is invalid, HardStopLoss is used
Padding - when setting the stop loss based on the current or previous bar, this extra padding is added to the high or low for the stop loss
StopLossPeriod - the time frame you want to use for setting the stop loss from a candlestick
MaxStopLoss - the maximum allowed value for a stop loss
HardStopLoss - used with StopLossType 0 or with 2 when the previous day's high or low creates an invalid stop loss
CloseHalfAtBreakEven - close half the order at TP = SL
RangeUp - The distance you want price to move from the last trade before you want a new order to be placed. Suppose this is set to 150 (15 pips with a 5 digit broker) and your last trade was placed at 1.000. A new order will not be placed if an entry signal is spotted within the range or 1.000 to 1.0015, but will at 1.0016+.
RangeUp - The distance you want price to move from the last trade before you want a new order to be placed. Suppose this is set to 150 (15 pips with a 5 digit broker) and your last trade was placed at 1.000. A new order will not be placed if an entry signal is spotted within the range or 1.000 to 1.0085, but will at 1.0084-.

If both RangeUp and RangeDown are set to 0, then every signal will result in a trade.

Pip values are set for a 5 digit broker. If you want padding to be 10 pips on a 5 digit broker set it to 100. I'm assuming you would just type 10 for a 4 digit broker but I have not tested this with one.

I did not do exhaustive testing so please report any errors or results.

my open orders



700 pips


thanks supercat for sharing your beautiful system .


good luck