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Attachments: 3% Risk Gives You Bliss System
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3% Risk Gives You Bliss System

  • #221
  • Oct 29, 2012 10:25am Oct 29, 2012 10:25am
Quoting amikaking
wait for 3 hours and not even a good signal appears, what a choppy market this day

Exactly! I tried to create a good filter system to Keep us out of these kinds of markets the best I could.
  • #222
  • Oct 29, 2012 10:25am Oct 29, 2012 10:25am
Quoting C.Theory
Attachment

Quick question, I noticed you had a large vertical line on one of the xpMA buy signals on the NZD/USD chart. This line is plotted on my charts too, but only on certain pairs. Any idea as to why this is happening?

edit: It appears that these lines are on all of the charts that use the xpMA indicator, however they are positioned out of average chart viewing rage. I shrunk the vertical scale on my other charts and the same lines/arrows appeared as well.
I'm not sure why this is. I have the same thing on a few pairs. We may have to have one of the coding guys check it out.
  • #223
  • Oct 29, 2012 10:41am Oct 29, 2012 10:41am
I got stopped out on my Eur/Usd. Cubbygood, as I was watching the trade develop I had a reversal of trend signal (not just an opposite buy signal) come up a couple of bars before my s/l was hit.

Have you ever used that reversal as an early entry or will the trade sometimes continue in your favor after that?
  • #224
  • Edited 10:58am Oct 29, 2012 10:56am | Edited 10:58am
Quoting spyderman
I got stopped out on my Eur/Usd. Cubbygood, as I was watching the trade develop I had a reversal of trend signal (not just an opposite buy signal) come up a couple of bars before my s/l was hit.

Have you ever used that reversal as an early entry or will the trade sometimes continue in your favor after that?
I was following your trade on my charts too and I noticed that the trend reversal signal of the xmpa you refer to that developed around 15:00 gmt is no longer there. I think it disappeared before the candle closed.

It is now showing signs of continuing the downtrend.
Attached Image (click to enlarge)
Click to Enlarge Name: EUR-USD followalong.PNG Size: 60 KB
  • #225
  • Edited 11:17am Oct 29, 2012 10:58am | Edited 11:17am
I tried to post this upon entering, but by the time I got it posted trade had already progressed in my favor.

H1 also confirms a long. I like to check higher timeframes personally.

London session almost over so volume will probably dry up, so I'll watch closely. Going for 20 pips, seems like there's room.

Attached Image


EDIT: I closed for two silly pips. Don't know why I opened a trade just before London closed anyway! Also, wind is whipping outside here Western Mass. and we expect to lose power so done for the day.
"Be the change that you wish to see in the world." --Gandhi
  • #226
  • Oct 29, 2012 11:03am Oct 29, 2012 11:03am
Quoting Wally1953
I tried to post this upon entering, but by the time I got it posted trade had already progressed in my favor.

H1 also confirms a long. I like to check higher timeframes personally.

London session almost over so volume will probably dry up, so I'll watch closely. Going for 20 pips, seems like there's room.

Attachment

Wally, are you using the correct heiken_Ashi_ma_T3-1 that is adjusted to work with 5 digit brokers? I say this because my EUR/GBP chart had not given me an HA buy signal in the same pair yet.
  • #227
  • Oct 29, 2012 11:10am Oct 29, 2012 11:10am
Quoting C.Theory
Wally, are you using the correct heiken_Ashi_ma_T3-1 that is adjusted to work with 5 digit brokers? I say this because my EUR/GBP chart had not given me an HA buy signal in the same pair yet.
C.Theory...

Yes I'm using the one you mentioned. I'm with Alpari, maybe different brokers?
"Be the change that you wish to see in the world." --Gandhi
  • #228
  • Oct 29, 2012 11:12am Oct 29, 2012 11:12am
Quoting C.Theory
I was following your trade on my charts too and I noticed that the trend reversal signal of the xmpa you refer to that developed around 15:00 gmt is no longer there. I think it disappeared before the candle closed.

It is now showing signs of continuing the downtrend.

Hmmm...interesting. My reversal signal stayed in place and in fact doubled down. Then another move to the downside followed.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 103 KB
  • #229
  • Oct 29, 2012 11:16am Oct 29, 2012 11:16am
Man the fact that 3 people have 3 different signals is worrying me slightly... I am sure there is a logical answer to this, but at the moment it eludes me.
  • #230
  • Oct 29, 2012 11:20am Oct 29, 2012 11:20am
Quoting C.Theory
Man the fact that 3 people have 3 different signals is worrying me slightly... I am sure there is a logical answer to this, but at the moment it eludes me.

Are your xpma settings ootb?
  • #231
  • Edited 11:24am Oct 29, 2012 11:23am | Edited 11:24am
Quoting spyderman
Are your xpma settings ootb?
I am using ChubbyGood's template so they should be the same as yours. What exactly do you mean by ootb though?
Attached Image
  • #232
  • Oct 29, 2012 11:24am Oct 29, 2012 11:24am
I have a question cubby. You said youve been trading for 6 yrs and you have traded this method for a month and have decided it is a good system. What makes this a good system, a winning month? If you had said this have a winning record over a few yrs you would have my attention. So why trade 3% for something you have no clue will perform past 1 month? Thats not what an experienced trader would do thats my 2 cents to warn you so you wont take another beating.
  • #233
  • Oct 29, 2012 11:29am Oct 29, 2012 11:29am
Quoting C.Theory
Man the fact that 3 people have 3 different signals is worrying me slightly... I am sure there is a logical answer to this, but at the moment it eludes me.
I was unaware of this problem before I started this thread. Means everybody will get different results. That means the profit I received from oct may not mean profit for others.


I hate this realisation. Everybody is just going to have to test this system on there broker to see if it's profitable.
  • #234
  • Oct 29, 2012 11:31am Oct 29, 2012 11:31am
Quoting C.Theory
I am using ChubbyGood's template so they should be the same as yours. What exactly do you mean by ootb though?

ootb=Out of the box


Those are not the same settings I have. Mine are MA period of 34 with an MA type of 1. Plus I have a parameter above MA period for time frame. Looks like we're using different versions. I'll have to go back and check what's up.
  • #235
  • Oct 29, 2012 11:35am Oct 29, 2012 11:35am
Quoting spyderman
ootb=Out of the box


Those are not the same settings I have. Mine are MA period of 34 with an MA type of 1. Plus I have a parameter above MA period for time frame. Looks like we're using different versions. I'll have to go back and check what's up.

Okay, my bad.

When I modified the template to my liking I must have reloaded the xpma indi which didn't have the adjusted settings. Let's see if this matches now.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 104 KB
  • #236
  • Edited 12:53pm Oct 29, 2012 11:40am | Edited 12:53pm
Quoting spyderman
ootb=Out of the box


Those are not the same settings I have. Mine are MA period of 34 with an MA type of 1. Plus I have a parameter above MA period for time frame. Looks like we're using different versions. I'll have to go back and check what's up.
I should have specified that I do have a "TimeFrame" with value 0 and DebugMode false in the inputs tab as well, I was just not able to expand the box.

Try using ChubbyGood's template file and adjusting those settings to suit your color needs.

Quoting Cubbybgood
I was unaware of this problem before I started this thread. Means everybody will get different results. That means the profit I received from oct may not mean profit for others.


I hate this realisation. Everybody is just going to have to test this system on there broker to see if it's profitable.
To Chubby: for me it is way too early to tell, but since I started using it on market open Sunday is has provided some good entries. I missed one in early US session this morning, but here is an update on my AUD/USD play.
Attached Image (click to enlarge)
Click to Enlarge Name: AUD-USD M15 Bliss T1.2.PNG Size: 55 KB
  • #237
  • Oct 29, 2012 11:41am Oct 29, 2012 11:41am
Quoting T.h.p
I have a question cubby. You said youve been trading for 6 yrs and you have traded this method for a month and have decided it is a good system. What makes this a good system, a winning month? If you had said this have a winning record over a few yrs you would have my attention. So why trade 3% for something you have no clue will perform past 1 month? Thats not what an experienced trader would do thats my 2 cents to warn you so you wont take another beating.

The problem with sharing a system with others is everybody criticises and dissects it. I also did not know that there would be drastic signal variances with brokers.




Yeah, sometimes I'm up for a bit of a gamble. I started trading this system live since the beginning of oct and things went very well. Just because a system was or is working well for years does not mean it's going to keep working. You should know this. I saw right off this system would show me profit at least for now. How long it will I don't know. As you can see from the EA profit was made. I would have never run this system on only 1 or 2 pairs. I knew that there was a good chance I would come out with a decent profit if I used around 10 pairs.
  • #238
  • Oct 29, 2012 11:46am Oct 29, 2012 11:46am
Hi Cubby,
Assuming there was a trend setup for 300pips...and i missed the entry as per the rules. Is the any provision by the system for re entries.
Thanks
My help is in the name of the Lord who made heaven and earth.
  • #239
  • Oct 29, 2012 11:52am Oct 29, 2012 11:52am
well i have been trading for 11 yrs and have been trading the same method for over 5 yrs with consistent results month in and month out. So its not true to say if something works it wont continue. Now i say that because i dont use indicators but market structure and that doesnt change. when indicators are use market structure has no importance just crosses etc. So the sooner traders will learn this the quicker they will start to make consistent money. I will let you continue what your doing good luck.
  • #240
  • Oct 29, 2012 11:55am Oct 29, 2012 11:55am
This is a possible entry by the rules, lets see how it plays out...
Attached Image (click to enlarge)
Click to Enlarge Name: 2.jpg Size: 238 KB
My help is in the name of the Lord who made heaven and earth.
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