The Really Useless Thread | Page 5204 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

The Really Useless System 25 replies

Bloomberg: VIX Indicator useless for forecasting the direction of equity prices 0 replies

The Really Really Boring Forex System 97 replies

Attachments: The Really Useless Thread
Exit Attachments

The Really Useless Thread

  • #104,061
  • Jul 25, 2012 3:18pm Jul 25, 2012 3:18pm
Quoting gatorinla
on the bounce we look for weakness. the candle would do that while we slept with goats. we could have many pairs looked at the same time. Using the parameters we want a big trade at.. the bot could set a limit entry with a pending (free with mb trading).. after the candle is a go, sometimes a candle has closed to far below the top. so the pending would have to be set near that top.. you lose a lot of entries, but the ones you get are closer to the the risk.. they will all be a dt in that candle cluster. or a small s/o
I only really used SupDem indy as an example, because it has that zone close to what you mentioned. Sometimes it is, sometimes it ain't. Your method is different, and I'm still trying to come up with a way to identify your zones AND store them automatically. A semi-automatic bot would be easier...and probably better in the long run, because you would have to tell it exactly where to play if/when it becomes available. Problem with that is...your goats may not like it when you have to peel yourself away to do your analysis and tweaking!
  • #104,062
  • Jul 25, 2012 3:20pm Jul 25, 2012 3:20pm
Quoting kenfen69
Here is H1 with the SupDem indy...

Attachment

It has that area marked as 1.23138 to 1.23330 on mine. Near enough. I'm thinking of using a 50% level of that zone...what do you think? Anything that has been above 50% and has engulfed is an entry. Or...I can leave it as an input parameter that can be set. 0% would mean the whole zone is alive...25% would mean anything in the top 75% of the zone is fair game...etc.

Could also have a switch to turn off the engulfing part, so you would be flying blind. Turn on the zone filter to...
its not ripe yet
Attached Image (click to enlarge)
Click to Enlarge Name: sp2.PNG Size: 20 KB
those who can, do. those who cant, talk about those who can
  • #104,063
  • Jul 25, 2012 3:21pm Jul 25, 2012 3:21pm
Quoting pipper
Jaysus, what's that green snot of a bar on the Daily lol

C'mon 1.15. Roll on the bloodshed after earnings reports fade.....

Should be back from hols then


Hols? I didn't get the memo!

Where are you at, pipper? Hope you're getting some sun and a few scoops!
  • #104,064
  • Jul 25, 2012 3:23pm Jul 25, 2012 3:23pm
Quoting kenfen69
I only really used SupDem indy as an example, because it has that zone close to what you mentioned. Sometimes it is, sometimes it ain't. Your method is different, and I'm still trying to come up with a way to identify your zones AND store them automatically. A semi-automatic bot would be easier...and probably better in the long run, because you would have to tell it exactly where to play if/when it becomes available. Problem with that is...your goats may not like it when you have to peel yourself away to do your analysis and tweaking!
we need to b/o and see whats there after. most people get burned on a b/o because most b/o retrace before the bigger move. they over leverage at the b/o and the retrace stops them.. if they would just sit back and wait. more times then not they will be in a better position.. the ones like 2051 got away w/o a retrace.. so what.. now i wait for the 1998 one..
those who can, do. those who cant, talk about those who can
  • #104,065
  • Jul 25, 2012 3:25pm Jul 25, 2012 3:25pm
Quoting gatorinla
its not ripe yet
What's your UM there...out of curiosity? M15 SupDem has 1.21704 to 1.21806 marked as a zone right now
  • #104,066
  • Jul 25, 2012 3:27pm Jul 25, 2012 3:27pm
lol... still on the Emerald looking out at the rain at mo. weather has been really poor this year so heading to spain for a few weeks. counting the hours down to sangria and senoritas - well senorita viewing through raybans the missus will be casting her beady eye no doubt lol

Quoting kenfen69


Hols? I didn't get the memo!

Where are you at, pipper? Hope you're getting some sun and a few scoops!
Disclaimer: Check your 1m charts
  • #104,067
  • Jul 25, 2012 3:31pm Jul 25, 2012 3:31pm
Quoting gatorinla
we need to b/o and see whats there after. most people get burned on a b/o because most b/o retrace before the bigger move. they over leverage at the b/o and the retrace stops them.. if they would just sit back and wait. more times then not they will be in a better position.. the ones like 2051 got away w/o a retrace.. so what.. now i wait for the 1998 one..
what kind of retrace u looking for befor entry, mostly fiber do respect the 23 and the 50 and sure the 61 do u have any more levels or u take the spud ones
  • #104,068
  • Jul 25, 2012 3:33pm Jul 25, 2012 3:33pm
Quoting pipper
lol... still on the Emerald looking out at the rain at mo. weather has been really poor this year so heading to spain for a few weeks. counting the hours down to sangria and senoritas - well senorita viewing through raybans the missus will be casting her beady eye no doubt lol

bro enjoy but make sure to send some puss puss the are tight over their
  • #104,069
  • Jul 25, 2012 3:33pm Jul 25, 2012 3:33pm
Quoting kenfen69
I only really used SupDem indy as an example, because it has that zone close to what you mentioned. Sometimes it is, sometimes it ain't. Your method is different, and I'm still trying to come up with a way to identify your zones AND store them automatically. A semi-automatic bot would be easier...and probably better in the long run, because you would have to tell it exactly where to play if/when it becomes available. Problem with that is...your goats may not like it when you have to peel yourself away to do your analysis and tweaking!
My 2 cents, If you manage to put Gator brains for trading in an algo/indi you will be in another planet mate.... don't get me wrong but I think you are wasting your time ...(but if you manage to do it I would like to have a look ).

As you probably know, his way to read charts is fantastic but is very unique and with years of experience that allow him to read, digest and filter in/out many levels/rules filtering out the TFs in the analysis that adapts very fast in real time depending on how markets are reacting.

More importantly his r:r management is very consistent and key in the whole process ...but if you want to translate that r:r in a automatic study you will have troubles writing code that allow you to filter the dozen of variables on which his (naturally and unconsciously for him but for the rest is not that fluid and "easy") making his decision.

As I mentioned years before with some of the guys here in FF, you may get better bang for the TA on starting with something a lot simpler in terms of levels (dow theory or even fibs) and only from then including some of Gator's fantastic concepts and ideas on very specific trades ....trying to tame the market on every single up and down move, micro and macro in a stdy/indicator/system will only drive you nuts and make you get lost in translations....only Gator can use his full system ...the rest of us we get plenty of value form his posts taking the bits and pieces that adapts and are useful for own systems...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #104,070
  • Jul 25, 2012 3:35pm Jul 25, 2012 3:35pm
Asia might want to visit 8Hr 20MA to take out stops above 6Hr 20Ma
Attached Images
Disclaimer: Check your 1m charts
  • #104,071
  • Jul 25, 2012 3:35pm Jul 25, 2012 3:35pm
Quoting pipper
lol... still on the Emerald looking out at the rain at mo. weather has been really poor this year so heading to spain for a few weeks. counting the hours down to sangria and senoritas - well senorita viewing through raybans the missus will be casting her beady eye no doubt lol


To look is to appreciate! As usual, though...11th Commandment: Don't get caught!

Glad you're getting out of there, mate. My sister is as blue as can be from the weather. Sangria and senoritas sounds like heaven right about now. Throw in some paella and a few obligatory cervezas...done deal!

Enjoy brother!
  • #104,072
  • Jul 25, 2012 3:36pm Jul 25, 2012 3:36pm
Quoting kenfen69
What's your UM there...out of curiosity? M15 SupDem has 1.21704 to 1.21806 marked as a zone right now
red chart is the low till 2320.. see how it fits pa w/o knowing where we are going.. 214x/2321

the yellow is the one to 1998 .. 2159 is the actual mid 1986

scratch 1998.. change to 1986.. i must have dyslexia
those who can, do. those who cant, talk about those who can
  • #104,073
  • Jul 25, 2012 3:37pm Jul 25, 2012 3:37pm
Yip, Gator broke me Fibonacinla is from the matrix

Hats off G

Quoting sisse
My 2 cents, If you manage to put Gator brains for trading in an algo/indi you will be in another planet mate.... don't get me wrong but I think you are wasting your time ...(but if you manage to do it I would like to have a look ).

As you probably know, his way to read charts is fantastic but is very unique and with years of experience that allow him to read, digest and filter in/out many levels/rules filtering out the TFs in the analysis that adapts very fast in real time depending on how markets are reacting.

More importantly his r:r management...
Disclaimer: Check your 1m charts
  • #104,074
  • Jul 25, 2012 3:38pm Jul 25, 2012 3:38pm
Quoting sisse
My 2 cents, If you manage to put Gator brains for trading in an algo/indi you will be in another planet mate.... don't get me wrong but I think you are wasting your time ...(but if you manage to do it I would like to have a look ).

As you probably know, his way to read charts is fantastic but is very unique and with years of experience that allow him to read, digest and filter in/out many levels/rules filtering out the TFs in the analysis that adapts very fast in real time depending on how markets are reacting.

More importantly his r:r management...

bro that needs a big brain and we dont have it yet

i think there's some indis out their if we put together it might work
  • #104,075
  • Jul 25, 2012 3:40pm Jul 25, 2012 3:40pm
Quoting kill56
bro that needs a big brain and we dont have it yet

i think there's some indis out their if we put together it might work
yea.. pink bott.
  • #104,076
  • Jul 25, 2012 3:40pm Jul 25, 2012 3:40pm
not worth getting caught lol

yip, it has been pissing rain all through summer months here. depressing stuff so cheers mate, will have a few scoops for you over

Quoting kenfen69


To look is to appreciate! As usual, though...11th Commandment: Don't get caught!

Glad you're getting out of there, mate. My sister is as blue as can be from the weather. Sangria and senoritas sounds like heaven right about now. Throw in some paella and a few obligatory cervezas...done deal!

Enjoy brother!
Disclaimer: Check your 1m charts
  • #104,077
  • Jul 25, 2012 3:45pm Jul 25, 2012 3:45pm
Quoting pkimnyc
yea.. pink bott.
sure u cant trade with out it die soker
Attached Image
  • #104,078
  • Jul 25, 2012 3:45pm Jul 25, 2012 3:45pm
ouch

Quoting pkimnyc
yea.. pink bott.
Attached Image
Disclaimer: Check your 1m charts
  • #104,079
  • Jul 25, 2012 3:46pm Jul 25, 2012 3:46pm
Quoting kill56
sure u cant trade with out it die soker
damn... i was gonna say that...
  • #104,080
  • Jul 25, 2012 3:48pm Jul 25, 2012 3:48pm
Quoting pipper
ouch
holi cow...
98 traders viewing now