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  • #3,821
  • Oct 26, 2012 5:52am Oct 26, 2012 5:52am
Awesome system. Thanks for all your hard work. Cant wait for the Ea since I work 7-530 and cant sit in front of my PC all the time.
  • #3,822
  • Oct 26, 2012 12:29pm Oct 26, 2012 12:29pm
And out with a bang! Five CZ's this week on just this one cart. Highly unusual, but also very well recieved, thank you very much! Just look at those perfectly spaced steps!

How was it for you guys?...
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To improve is to change. To perfect, is to change often.
  • #3,823
  • Oct 26, 2012 2:14pm Oct 26, 2012 2:14pm
I tried to check this system, but I noticed when I change some parameters, some boxes dissapears or shows up in different locations.

For example, when I set MinBarsClosedOutsideBO=0, there is box marked with red arrow on 1.jpg, but when I change MinBarsClosedOutsideBO to 4, box disappears (2.jpg)
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  • #3,824
  • Oct 26, 2012 9:23pm Oct 26, 2012 9:23pm
Hello All
Trusting everyone had a good week and wishing you all a great weekend

Attached are the results of my EU M5 sniping for the week.

The indi represents this weeks 5 days of trading. Max trades are set to 3 and I'm using a semi-Martingale strategy of 50% increase per leg.

I know this is outside of FH's M15 recommendation, and I wouldn't recommend it for everyone, but it works for me.

FH...if you prefer I not post my M5 results just let me know, and go ahead and delete this post.

Just thought I would share :-)

MD
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Wherever PA Goes ~I Go
  • #3,825
  • Oct 26, 2012 10:50pm Oct 26, 2012 10:50pm
Quoting Mister_M
Hello All
Trusting everyone had a good week and wishing you all a great weekend

Attached are the results of my EU M5 sniping for the week.

The indi represents this weeks 5 days of trading. Max trades are set to 3 and I'm using a semi-Martingale strategy of 50% increase per leg.

I know this is outside of FH's M15 recommendation, and I wouldn't recommend it for everyone, but it works for me.

FH...if you prefer I not post my M5 results just let me know, and go ahead and delete this post.

Just thought I would share :-)

MD
Well at a glance it is 100 pips for the week. Right sizing gives you a potential gain of 10 % for week which is good in anyones terms. Yeah, maybe it is outside the thread standard guidelines but is nonetheless an interesting deviation
  • #3,826
  • Oct 27, 2012 1:18am Oct 27, 2012 1:18am
Exceptionnal week with a +40% monthly account growth at top thursday evening.
Reduced to 33% on friday's close.

Very good !
Meeeooow !!!
  • #3,827
  • Oct 27, 2012 8:25am Oct 27, 2012 8:25am
Quoting forexhard
How was it for you guys?...
21 winners and 9 losers across the pairs I trade. That's a 70% hit rate (which is very close to the indi's lookback average for individual trades) making this a pretty typical week on that basis.

I didn't manage to trade them all because of sleep, life, etc but I'm not complaining!
  • #3,828
  • Edited Oct 28, 2012 12:24am Oct 27, 2012 8:52am | Edited Oct 28, 2012 12:24am
Quoting forexhard

How was it for you guys?...
Hello, i tried your system on forward test with manual boxes : i am convinced (more than 70% success) and moreover when i lose i know most of the time why. This is only because the box size didn't adapt to the market volatility that day. The results are somewhat similar to you.

I will go on live now. I should "make" 30% per month. Let's see how it goes.

Trading GBPUSD on M15. M5 don't get good results for me.

I stop trading (close the trade if any) at the end of the week, at 20H GMT and restart trading on monday at 2H GMT. I am afraid of a big gap during the week-end that ruins one month of work...

I use only 2 trades per CZs. When i lose both, i stop. R:R is 1.

MANY MANY thanks to all.
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  • #3,829
  • Oct 27, 2012 11:43am Oct 27, 2012 11:43am
Quoting skrzat
I tried to check this system, but I noticed when I change some parameters, some boxes dissapears or shows up in different locations.

For example, when I set MinBarsClosedOutsideBO=0, there is box marked with red arrow on 1.jpg, but when I change MinBarsClosedOutsideBO to 4, box disappears (2.jpg)
The indicator is behaving correctly. If you change the parameters, you will change the opening and closing of trades. This in turn will alter the timing of when boxes are formed.
  • #3,830
  • Oct 28, 2012 12:21am Oct 28, 2012 12:21am
Quoting Swg123
The indicator is behaving correctly. If you change the parameters, you will change the opening and closing of trades. This in turn will alter the timing of when boxes are formed.
skrzat underlying idea came to me too: is it better to wait for the current trade set to close before looking for a new zone ?

Personal results showed that it is better to wait for the end of the current tradeset before looking for another CZs. This is what the indy does.

There is one case where the indy may fail to show the good result, but in fact it is not possible to do better : this is when, during the same 15MN candle, the price goes over AND under the CZs (once or more). if you use multiple trades in a tradeset you could have two or more losers. The indy can't know how many up / down swing the signal could have been done during this candle.
  • #3,831
  • Oct 28, 2012 3:55pm Oct 28, 2012 3:55pm
And a new week begins...
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To improve is to change. To perfect, is to change often.
  • #3,832
  • Oct 28, 2012 3:57pm Oct 28, 2012 3:57pm
Quoting niepce
Exceptionnal week with a +40% monthly account growth at top thursday evening.
Reduced to 33% on friday's close.

Very good !
Sounds great, but where are the CHARTS and PICS?

CHARTS & PICS, CHARTS & PICS [SWG123] CHARTS & PICS, CHARTS & PICS...
To improve is to change. To perfect, is to change often.
  • #3,833
  • Oct 28, 2012 4:13pm Oct 28, 2012 4:13pm
First one of the week..we'll see where it goes.
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Wherever PA Goes ~I Go
  • #3,834
  • Oct 28, 2012 7:05pm Oct 28, 2012 7:05pm
hi,

This is my first post. I have been lurking and reading all 3000+ post of this thread and I find it very interesting and also fell that I am not alone out there!
I have also had charts full of indicators. And the result, -15% on my micro account.
So, I stopped trading and went back to the testing and reading and that's when I found this thread.
I did the manual boxes on M15 , M5 and even M1. M1 is very difficult!
So today being the first day of the week, I am now testing this method.
I have to admit that I like scalping and I have to learn to have more patience.
This method is good because it stops me from guessing the direction and also trying to figure out what the future will be based on the lagging indicators.
I now just pull the trigger when price breaks and quickly exit when it goes the other way.
I have the test also om M15 and M5 but there is no CZ formed yet.
All I can say is that its much less stressful when you do not try to guess what the market is going to do. When there is so much activity, I just chill. When it quiets down...I stare!!!
So, I have to say, thanks for this method FH, Xuu and also Sq and I will be posting charts once if I am no longer a junior member later.
Happy sniping guys!
  • #3,835
  • Oct 29, 2012 12:14am Oct 29, 2012 12:14am
USDJPY has one of those nice long ones forming, within 24 pips not 90 yet but over 45 I have been looking for lately.
  • #3,836
  • Edited 6:36am Oct 29, 2012 6:17am | Edited 6:36am
Already out @ TP1, with 2 positions still open and hoping for a longer run...

EDIT: But even if price retraces, the remaining positions will stop out with at least 2p profit each. Once TP1 is hit, ALL positions are guaranteed to close in some level of profit.
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To improve is to change. To perfect, is to change often.
  • #3,837
  • Oct 29, 2012 7:31am Oct 29, 2012 7:31am
Hi everybody, hi FX,
this morning i saw a CZ in G/U chart so i put there my hand-box. This is not confermed from indicator-chart box (1st pic)).
But I just follow what my eyes saw and got 40 pips, RR 1:1, nice trade!!!! (2nd and 3th pics).
Regards Frank
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  • #3,838
  • Oct 29, 2012 9:13am Oct 29, 2012 9:13am
Gotta love this!!!

Thanks FH!
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  • #3,839
  • Oct 29, 2012 11:10am Oct 29, 2012 11:10am
And there's the 2nd part locked in, both legs closed at full TP. PA never even came close to my stops, but even if it had the remaining positions would have still closed at a small profit, as I said before.

For those of you wondering why I am posting pics of the EA but not the EA itself, the simple answer is that it's still a little buggy. It'll be posted as soon as both Xux and I feel that it's ready for release.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.gif Size: 148 KB
To improve is to change. To perfect, is to change often.
  • #3,840
  • Oct 29, 2012 11:27am Oct 29, 2012 11:27am
Quoting forexhard
And there's the 2nd part locked in, both legs closed at full TP. PA never even came close to my stops, but even if it had the remaining positions would have still closed at a small profit, as I said before.

For those of you wondering why I am posting pics of the EA but not the EA itself, the simple answer is that it's still a little buggy. It'll be posted as soon as both Xux and I feel that it's ready for release.
Looking forward to it. Now.....where to find a fixed spread, reliable broker!!!

Thanks for your continued support and hard work. Much appreciated as always!
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