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  • #2,881
  • Jul 24, 2012 1:16pm Jul 24, 2012 1:16pm
Quoting forexhard
I'm not bothered so much any more by the fact that we've been copied so many times. None of them lasted longer than 3 or 4 weeks and we're still as strong as ever.

But post #19 wayyyy back on page 2 is where I talk about inside bars, for what it's worth. So no, I really don't see a single unique idea in the OP's presentation. He's just using different words to copy what I've been saying for over a year.

The only mechanical difference in what he is saying, is that he uses just 12 M15 bars to determine his CZ, whereas SSBO uses 24 as the...
You know what they say, if someone copies you it must be because you are doing something good! I found my Swing trading with heiken ashi and stochs thread lifted word for word even using my own images posted on another forum and the poster was trying to claim it as his own!

I say keep going making your own profit and ignore everyone else. Like you say, they never tend to last long.
  • #2,882
  • Jul 24, 2012 1:31pm Jul 24, 2012 1:31pm
Quoting dvarrin
I don't understand how it is possible that for me, when I backtest the trades, I'm getting about as many winners as losers, while the indicator is showing more than 600 pips in profit.
dvarrin,

You would understand if you bothered to read the thread. Heck, I wish I understood all that theory for exams without wasting so much time reading it, but I couldn't either.

Sincerely,
Barbossa
  • #2,883
  • Jul 24, 2012 2:33pm Jul 24, 2012 2:33pm
Quoting Barbossa
dvarrin,

You would understand if you bothered to read the thread. Heck, I wish I understood all that theory for exams without wasting so much time reading it, but I couldn't either.

Sincerely,
Barbossa
Thank you! That's exactly the kind of answer I was expecting to receive! It only confirm what I said.
  • #2,884
  • Jul 24, 2012 3:15pm Jul 24, 2012 3:15pm
Quoting dvarrin
Thank you! That's exactly the kind of answer I was expecting to receive! It only confirm what I said.
Dude, do you realize that you're currently insisting that someone should waste his/her time to explain to you something that is already explained here? Because you're too busy, or too lazy, or don't know how to use the search feature? Not just someone, you're asking the OP to do that, the same person that contributed the whole system in the first place. For free. Now excuse me if I sound a bit harsh, but I do find such a request a bit insolent. Yeah, it's nice to have a "mentor" willing to teach others, but whether he does, is his choice, not his obligation. Personally, I perfectly understand the position of the OP. I wouldn't have the patience to mentor a constant flow of newcomers, asking the same questions over and over again. Would you?

Let me ask you another question... Suppose all the readers suddenly take that same attitude, across all topics discussing trading systems. How long would it take for the original contributors to quit using the forum? How long would it take for anyone willing to contribute to quit? Asking questions has always been important and I'm sure forexhard wouldn't mind if somebody asks questions, as long as their questions bring some new perspective to the thread or system. Do your questions offer a new perspective?

Sincerely,
Barbossa

P.S.
FXH, apologies for the off-topic. I thought it might be beneficial for others to say the things above, though. If you think otherwise, please delete my post.
  • #2,885
  • Jul 24, 2012 4:33pm Jul 24, 2012 4:33pm
My question is easy: why the indicator is showing 600 pips of profit and when we backtest it, it hardly shows results better than breakeven? I think that's not asking too much. Only taking 5 boxes and showing where to enter and where to exit.
  • #2,886
  • Jul 24, 2012 5:10pm Jul 24, 2012 5:10pm
Quoting dvarrin
My question is easy: why the indicator is showing 600 pips of profit and when we backtest it, it hardly shows results better than breakeven? I think that's not asking too much. Only taking 5 boxes and showing where to enter and where to exit.
My answer is just as easy: The answer to your questions can be found inside the thread. I know where the answers are and so does Barbossa and so do 100's of other people, including FxSpin who is upgrading the indicator for us. This thread is over 1 year old. Literally hundreds of trades have been posted by now under every market condition possible. The answers are right there for anyone to find, you just have to put in the time to dig them out on your own. The only conspiracy of secrecy around here is the one inside your mind. Ironically, if you put the same amount of time into studying the thread as you do fighting me, then you wouldn't have these questions in the first place, and you would be well on your way to banking pips like the rest of us. Your copycat thread is not only insulting to me as the system originator, but it's just as insulting to the traders who have put in the practice time that you can't seem to do for yourself. Stop being so fucking lazy, and get off your ass and stop asking for handouts and commit to the system the way that we all have. Or don't, that's fine too. Just leave us the hell alone and stop pretending like you know what the fuck you are doing in your copycat thread. So easy it's hard.
To improve is to change. To perfect, is to change often.
  • #2,887
  • Jul 24, 2012 11:23pm Jul 24, 2012 11:23pm
Getting back on subject

First GU trade opportunity this week, long and low and more to come by the time European session opens.

Larry
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  • #2,888
  • Jul 25, 2012 1:12am Jul 25, 2012 1:12am
Me too, Larry. First one this week. Let's see where this goes...
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To improve is to change. To perfect, is to change often.
  • #2,889
  • Jul 25, 2012 3:35am Jul 25, 2012 3:35am
Now that's what I call a breakout... Just noticed it and I felt the urge to share... I know the settings are a bit off.
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  • #2,890
  • Jul 25, 2012 4:04am Jul 25, 2012 4:04am
todays show in gu ,me not entered long trade ,any1 entered gu trade.
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  • #2,891
  • Jul 25, 2012 4:11am Jul 25, 2012 4:11am
Quoting vasude
todays show in gu ,me not entered long trade ,any1 entered gu trade.
Yes, and TP hit already on that one.

Barbossa
  • #2,892
  • Jul 25, 2012 6:17am Jul 25, 2012 6:17am
took trade
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  • #2,893
  • Jul 25, 2012 7:06am Jul 25, 2012 7:06am
I run on a live account of alpary uk

eurusd

2 win
1 lost

last win
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  • #2,894
  • Jul 25, 2012 11:07am Jul 25, 2012 11:07am
Got out with 30p, which is the default Quick Profit setting on the revised indi. Notice the Net Pips line, and compare it to the one in my past pic. It increased by exactly 30p. Also compare the Buys line and the Trade 1 line in both pics.

The Quick Profit setting allows us to find the sweet spot on the original breakout trade for our CZ. This number can be anything, but when correctly adjusted the majority of your early trades turn into early wins.

Keep in mind that the revised indi is a diagnostic tool. It allows us to change the input parameters to anything at all, and then shows us how those settings would have performed over the last 100 days. It takes the indi just 2 seconds to makes these calculations, thanks to Spins very tight coding.
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To improve is to change. To perfect, is to change often.
  • #2,895
  • Jul 25, 2012 11:49am Jul 25, 2012 11:49am
Quoting forexhard
....Keep in mind that the revised indi is a diagnostic tool. It allows us to change the input parameters to anything at all, and then shows us how those settings would have performed over the last 100 days. It takes the indi just 2 seconds to makes these calculations, thanks to Spins very tight coding.
Here's a perfect example of what I'm talking about. Compare the Net Pips line shown here to the last pic. All I did was change the Buffer Line setting from my usual 7 to 2. Reducing just that one setting by 5p gave back an extra 200p over 100 days. The idea is to repeatedly tweak the basic settings until the maximum number of pips is displayed.
Attached Image
To improve is to change. To perfect, is to change often.
  • #2,896
  • Jul 25, 2012 12:00pm Jul 25, 2012 12:00pm
And it seems a quite handy tool. Great job indeed.
  • #2,897
  • Jul 25, 2012 2:25pm Jul 25, 2012 2:25pm
Nice rebound right back into the Extended CZ. Looks like an opportunity for a discretionary trade in a few hours. At which time I will be looking for a nice candle close beyond the buffers to indicate momentum. (Hopefully by that time the candles will have lost their spikey look.)
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To improve is to change. To perfect, is to change often.
  • #2,898
  • Jul 25, 2012 11:24pm Jul 25, 2012 11:24pm
Due to internet connectivity issues I did not trade yesterday. Glad in a way because the way I trade would have resulted in a bunch of losers. I need price to go 50 pips my way for TP. EU would have been nice though.

Regarding the stats on the new indi I hope that it makes the necessary adjustment for spread on the exits for shorts and the entries for longs, otherwise the stats could be wildly optimistic.

Larry
  • #2,899
  • Jul 26, 2012 1:14am Jul 26, 2012 1:14am
Hello Forexhard,

Thanks for your thread, I'm still reading from the beginning and I spotted this two CZ this morning and I would like to keep this thread alive instead of all the haters around here. Good Job!

Cheers,
John
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  • #2,900
  • Jul 26, 2012 5:27am Jul 26, 2012 5:27am
Another perfect breakout. I love it when it goes +30p in 1-2 candles...
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