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Tiger trend trading -long term position trading

  • #201
  • Jul 22, 2012 6:58pm Jul 22, 2012 6:58pm
Quoting amiralifx
my history

Attachment

my open orders

Attachment

thanks supercat for sharing your beautiful system.

goodluck
amiralifx,

your trading results looks pretty. are you using the 3/5 ema setup or the original 9/20 ema setup?


thanks


JOey
  • #202
  • Jul 22, 2012 7:14pm Jul 22, 2012 7:14pm
Quoting supercat1977
Goodgame:
yes, its 3/5 ema for the daily and the 15 mins.

thanks,
manny
supercat,

thanks for sharing your wonderful system. Having read all of the 14 pages of your thread, I like this simple but highly effective trading system.

I got one question.

is it still effective to use your original setup"3/20 ema on daily chart,9/20 ema in 5 min chart?"

your developed system are using 3/5 ema, does it work the same?

thanks

Joey
  • #203
  • Jul 22, 2012 10:57pm Jul 22, 2012 10:57pm
Manny,
Glad to see the new version of the EA, the older version was working but I hadn't seen any real profits from it, but then again I only had it running about 1 week. Although even with the crossover EA I was banking some good pips on my Demo account.

Manual trading I was delighted to see Sundays balance at over 300 plus pips. I banked 200 of them and am up 300 more pips now before midnight. I might bank another 200 pips before I go to bed and let the rest run with the trends.

I've got my platform set up so I can easily scan through my charts. Set aside the coming possible set up's and stack up the others, then I can easily scan through the possible 1's through out the day and place my trades as they set up.

I've been having problems back testing, I'm new at it so go figure, LOL. I downloaded the strategy tester and trying to get it working so I can give ya some more results. I've added the new EA to a set of charts to run demo on and I'll keep ya informed.

Thanks again for helping to become a better trader
  • #204
  • Jul 22, 2012 11:40pm Jul 22, 2012 11:40pm
Quoting hotjoey
amiralifx,

your trading results looks pretty. are you using the 3/5 ema setup or the original 9/20 ema setup?


thanks


JOey
i use original 9/20 ema setup.

good luck
  • #205
  • Jul 23, 2012 5:28am Jul 23, 2012 5:28am
i've downloaded the indicators and templates provided by supercat. During the study. I get two questions.

1.When does the indicator give the signal? After the candle closed or during the candle is forming?

2. about the entry strategy. Once the daily chart gives a sell signal(as following picture), we shift the 5 or 15 min chart to wait a sell signal? am i right? if not, please correct.

thanks.
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  • #206
  • Jul 23, 2012 6:02am Jul 23, 2012 6:02am
and what does" enter only on the second consecutive signal" mean?

if the daily chart gives a sell signal. we look down to 5 min chart to seek sell signal, we ignore the first sell signal?

hope someone could help me understand this.

many thanks.
  • #207
  • Jul 23, 2012 6:43am Jul 23, 2012 6:43am
Quoting hotjoey
i've downloaded the indicators and templates provided by supercat. During the study. I get two questions.

1.When does the indicator give the signal? After the candle closed or during the candle is forming?

2. about the entry strategy. Once the daily chart gives a sell signal(as following picture), we shift the 5 or 15 min chart to wait a sell signal? am i right? if not, please correct.

thanks.
hi hotjoy

excuse me . i dont speak english very well.

1.After the candle closed. its better for waiting candle closed in daily tf .

2- yes
  • #208
  • Jul 23, 2012 6:55am Jul 23, 2012 6:55am
Quoting hotjoey
and what does" enter only on the second consecutive signal" mean?

if the daily chart gives a sell signal. we look down to 5 min chart to seek sell signal, we ignore the first sell signal?

hope someone could help me understand this.

many thanks.
examples:

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  • #209
  • Jul 23, 2012 7:22am Jul 23, 2012 7:22am
sell [email protected] sl:94.98 tp:94.07


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  • #210
  • Jul 23, 2012 7:26am Jul 23, 2012 7:26am
Quoting amiralifx
examples:

Attachment

Attachment

Attachment

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amiralifx，

thank you so much for the help. Now i understand the strategy.
may Allah bless you, my friend.


thanks

Joey
  • #211
  • Jul 23, 2012 10:00am Jul 23, 2012 10:00am
Quoting amiralifx
sell [email protected] sl:94.98 tp:94.07


Attachment
stop out -30 pips
  • #212
  • Jul 23, 2012 4:13pm Jul 23, 2012 4:13pm
Looking over all the testing data for the past few months paints a rosier protrait of trading conditions than they should actually be. GBP/NZD and EUR/NZD were perfect scenarios for trading this system from May until the present. Too good perhaps, because the data during that time frame did not mimic the full range of market conditions. Nevertheless, GBP/NZD and EUR/NZD still produce strong results in the long term.

I like the main idea of this system: determine the long trend and let the profits run while cutting losses. It boils down to three things.

1) Devise an accurate method for predicting the long term trend.

I think what we may want to conceptualize first here is a system where we only take the first trade of a daily trend. So we detect the daily trend, and place one trade and leave it until we detect the opposite trend. If we cannot accurately pick the daily trend; that is account for range sections, ultimately trades are doomed.

2) Devise a method for adding entries that limits trading during range based periods.

We could, of course just open a new trade every new bar in the 15M and let these stacked positions ride the trend, but we would be destroyed during range periods. We need to add entries, in such as manner, that we don't place a bunch of orders in a situation like the one depicted below.

3) Possibly develop a new exit condition. Something I noticed is that we tend to lose a decent about near the end of a trend because of the lag inherent in MAs. Check out the pick below. We were hit with a slew of losses near the end and because of the large number of open trades, it also meant forfeiting many, many pips. Maybe there's a better way to deal with this.
Attached Images
  • #213
  • Jul 24, 2012 2:16am Jul 24, 2012 2:16am
Brigadier:
Thanks for the ea..
I am testing it..

thanks,
manny
Quoting TheBrigadier
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...
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #214
  • Jul 24, 2012 2:23am Jul 24, 2012 2:23am
Joey:
you are welcome..

I am testing on 3/5 emas..
but see if your entries are on 5min charts..then, it would be ok
to use 9/20...or infact any ema combo that makes sense..
whether you want a fast reacting one
or slow..

the 3/5 will have more entries and small losses..
the 9/20 is much more conservative..


1.When does the indicator give the signal? After the candle closed or during the candle is forming?

2. about the entry strategy. Once the daily chart gives a sell signal(as following picture), we shift the 5 or 15 min chart to wait a sell signal? am i right? if not, please correct.

I think Amiralifx answered the question..let me try to add something..
in the indicator properties (ma ribbons)..you have an option to
set the alerts to alert @ close candle to true or false..
i set it to true..that means the signal is generated only after the candle
has closed.

thanks,
manny

Quoting hotjoey
supercat,

thanks for sharing your wonderful system. Having read all of the 14 pages of your thread, I like this simple but highly effective trading system.

I got one question.

is it still effective to use your original setup"3/20 ema on daily chart,9/20 ema in 5 min chart?"

your developed system are using 3/5 ema, does it work the same?

thanks

Joey
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #215
  • Jul 24, 2012 2:44am Jul 24, 2012 2:44am
Brigadier:
I have been testing with the majors..eurusd and gbpusd..
one of the thing i am trying here is using a bigger ema for daily trend..
it is just easy on the eyes with the gains..

I am thinking on the similar lines esp..with an exit strategy to retain some
of the hard earned pips..
because we are losing sometimes a 1000+ pips depending on the length of the
daily candle of the opposite signal (exit candle)..
also,
I am coming to find out that sl=tp is not very effective..maybe very little.

anyways...I am thinking!!

thanks for your help brigadier in developing the ea.
i appreciate your efforts.

thanks,
manny



Quoting TheBrigadier
Looking over all the testing data for the past few months paints a rosier protrait of trading conditions than they should actually be. GBP/NZD and EUR/NZD were perfect scenarios for trading this system from May until the present. Too good perhaps, because the data during that time frame did not mimic the full range of market conditions. Nevertheless, GBP/NZD and EUR/NZD still produce strong results in the long term.

I like the main idea of this system: determine the long trend and let the profits run while cutting losses. It boils down to three...
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
  • #216
  • Jul 24, 2012 6:27am Jul 24, 2012 6:27am
Quoting supercat1977
Joey:
you are welcome..

I am testing on 3/5 emas..
but see if your entries are on 5min charts..then, it would be ok
to use 9/20...or infact any ema combo that makes sense..
whether you want a fast reacting one
or slow..

the 3/5 will have more entries and small losses..
the 9/20 is much more conservative..


[i]1.When does the indicator give the signal? After the candle closed or during the candle is forming?

2. about the entry strategy. Once the daily chart gives a sell signal(as following picture), we shift the 5 or 15 min chart...
my friend supercat,
thanks to your kind sharing for this wonderful system. I trade with this system manually; and it works good.

Now iam testing the EA; so far it works so well, too.

I get one questions. how does the EA automatically add positions after the signal gets confirmed? I mean the logical of the system?

when i manually trade the MA ribbon system , how do i add positions?
thanks


PS: the trading results is so great. i am still demo on it. Guys could see my performance.
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  • #217
  • Jul 24, 2012 7:54am Jul 24, 2012 7:54am
my today trade

buy usdchf @0.9908 sl:0.9892 tp:0.9940

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tp = +32 pips
  • #218
  • Jul 24, 2012 9:27am Jul 24, 2012 9:27am
hotjoey,

If you're talking about TTT 1.1, then it adds new order with every signal on the M15 or (ShortPeriod). So if the daily trend is down, it will sell every time it sees a MA cross on the M15. Essentially, it should trade no differently than if you were doing everything manually.
  • #219
  • Edited 10:10am Jul 24, 2012 9:37am | Edited 10:10am
I am waiting for signal alarm for buy audusd

Attachment

canceled.



sell gbpusd

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Click to Enlarge Name: buy usdchf.gif Size: 43 KB
  • #220
  • Jul 24, 2012 2:01pm Jul 24, 2012 2:01pm
Amiralifx:

Have you tried the 2nd lot exit based on the daily high-low violation..
or are you just going with 1 lot entry only?

thanks,
manny
Quoting amiralifx
I am waiting for signal alarm for buy audusd

Attachment

canceled.



sell gbpusd

Attachment
"Quod me alit, me extinguit" - Pericles, Prince of Tyre
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