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Trend following strategy on a 1 min chart?

  • #21
  • Feb 20, 2013 12:57am Feb 20, 2013 12:57am
Quoting mahdiquant
I mean "Influx" is one quantity about the market but four indicators at the bottom are displaying four different number at each time.
That's why it is only one indicator; it's the measurement of the influx of money coming in and out, period.

I can actually simplify the indicator to show only one value; the end calculated influx value. But if I do that, anyone who hacks my computer or somehow manage to steal/get my indicator will be able to decipher the algorithm. I can give this indicator to anyone and they wouldn't know how to calculate the influx value even if they get to decipher the algorithm used by the indicator. There is still one equation that I compute in my head (that is not within the indicator) whenever I used my indicator. This is to prevent for my system to get stolen. You wouldn't believe to what extent I have gone through to make my system steal(reverse-engineer)-proof.

But you seem to know more of my own system, more than I do
  • #22
  • Feb 20, 2013 1:05am Feb 20, 2013 1:05am
Quoting CrucialPoint
That's why it is only one indicator; it's the measurement of the influx of money coming in and out, period.

I can actually simplify the indicator to show only one value; the end calculated influx value. But if I do that, anyone who hacks my computer or somehow manage to steal/get my indicator will be able to decipher the algorithm. I can give this indicator to anyone and they wouldn't know how to calculate the influx value even if they get to decipher the algorithm used by the indicator. There is still one equation that I compute in my...

I'll accept your challenge ...
  • #23
  • Feb 20, 2013 2:05am Feb 20, 2013 2:05am
Quoting CrucialPoint
That's why it is only one indicator; it's the measurement of the influx of money coming in and out, period.

I can actually simplify the indicator to show only one value; the end calculated influx value. But if I do that, anyone who hacks my computer or somehow manage to steal/get my indicator will be able to decipher the algorithm. I can give this indicator to anyone and they wouldn't know how to calculate the influx value even if they get to decipher the algorithm used by the indicator. There is still one equation that I compute in my head (that...
I completely understand your reasons for not sharing your system, as I too have a very profitable system which I don't want to share, give away or sell, but I don't understand your motivation for posting it - especially in places where it has no relevance.

if you're genuinely worried about people copying it or stealing it or ripping it off, why keep posting it - it's not interesting as there's no discussion and it's not helping anyone.

So are you posting it to boost your ego or to establish a 'following' for the time when you do sell it?

I'm waiting for the day that I read "after receiving so many PM's I've decided to do you all a favour and release a limited number of my indicator" - I think it's only a matter of time...
I've got my pips - go get yours!
  • #24
  • Feb 20, 2013 2:45am Feb 20, 2013 2:45am
Quoting BackTestDummy
I completely understand your reasons for not sharing your system, as I too have a very profitable system which I don't want to share, give away or sell, but I don't understand your motivation for posting it - especially in places where it has no relevance.

if you're genuinely worried about people copying it or stealing it or ripping it off, why keep posting it - it's not interesting as there's no discussion and it's not helping anyone.

So are you posting it to boost your ego or to establish a 'following' for the time when you do sell it?

I'm...
You shouldn't butt in a conversation without ever understanding what is being discussed, because you sound like another idiot who do so.
  • #25
  • Feb 20, 2013 3:03am Feb 20, 2013 3:03am
LOL, I obviously touched a nerve....
I've got my pips - go get yours!
  • #26
  • Feb 20, 2013 3:25am Feb 20, 2013 3:25am
Quoting BackTestDummy
LOL, I obviously touched a nerve....
this. cp, you used to be amusing and would at least occasionally say something that was somewhat interesting or left-field, but now you are just boring. it's not cute anymore. i've decided that you make the list... welcome to ignore. please do the same in return.

as for backtestdummy : the answer is in the bottom of each of his posts. that's why his journal which had to be removed can now be found being copy/pasted to a completely different forum all over again... so much for 'had to be removed'.

now let us watch as this post gets removed. good times.
Congratulations ScalaFX for coming out of the closet!
  • #27
  • Feb 20, 2013 3:35am Feb 20, 2013 3:35am
Yeah, I've just realised I've opened a can of worms - apparently The Crucial Princess is well known for her superiority without discussion.

I had better try and contribute something positive to this thread now....
I've got my pips - go get yours!
  • #28
  • Feb 20, 2013 3:53am Feb 20, 2013 3:53am
Quoting BackTestDummy
I had better try and contribute something positive to this thread now....
It's cool... this is why I don't stick around here too much anymore. For some people it's alllllll about ego. A serious question was initially asked, one I could actually post some screen shots about, but Crucialpoint came in and started posting screen shots of....nothing. That person claimed something, not sure what now, but posted screen shot after screen shot of pics with no orders, take profits, or stop losses.

Just typical... I will scan new threads, and jump in to read, but they all usually turn out into a clusterfuck by page 2.

To the original poster, yes, and yes it can be done.
  • #29
  • Feb 20, 2013 3:58am Feb 20, 2013 3:58am
Quoting BlackShark
Has evryone a trend following strategy tested on the m1 timeframe?
Trading the 1M is possible - but can be very difficult. Patience is your greatest ally - on directionless days the 1M will kill you unless you're very careful.

As previously suggested, a low risk high reward is probably the best approach. This means that you should expect to take many losses, but be rewarded with great profits.

Look at higher time frames to determine trend direction, or lack of - I find the 1H to be the best for this, but watch all time frames. S & R zones/levels should be constantly marked and checked, as they constantly change. As an aside - EUR/USD has been finding support at the Daily 50 EMA since last Thursday - it's been giving great entries

Buying / Selling at S & R is IMO the very best way to trade the 1M.

I would also suggest using channels - on the 1M don't touch your ticket until the price is outside the channel, or pulling back after breaking out.

Finally - watch correlation - if a move is to sustain, it will almost certainly be doing something similar on some or all positively correlated markets - although currently correlation is IMO at an all time low. Hope that helps.
I've got my pips - go get yours!
  • #30
  • Feb 20, 2013 4:06am Feb 20, 2013 4:06am
No touchy touchy....unless you deem it to be at a particular support or resistance - even then it would be better to wait for a bit more commitment from the big boys - and of course CP.
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I've got my pips - go get yours!
  • #31
  • Edited 7:52am Feb 20, 2013 4:13am | Edited 7:52am
I would also recommend that you listen to the newswires - most of it is boring drivel, at least to me, but if you see a reaction like this, it's better to know if it is for a 'reason'.

Momentous moves like this rarely happen these days, but if you did nothing but wait for these moves, you would still do well. Wait for pull-backs and get in with tight stops. Use small positions and add to them as soon as stop is moved to BE.
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I've got my pips - go get yours!
  • #32
  • Feb 20, 2013 4:47am Feb 20, 2013 4:47am
M1 CCI divergence, H4 s/r

works very well... strategies should be super simple and make use of higher tf s/r...imho
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tradewith60
  • #33
  • Feb 20, 2013 4:59am Feb 20, 2013 4:59am
EJ H4 higher tf back up to m1 trade
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tradewith60
  • #34
  • Feb 20, 2013 6:51am Feb 20, 2013 6:51am
Quoting pemully
How do you guys beat HFTs in their turf? since most of the time I have to work and trade simultaneously I find the H1 fairly manageable. anything below that I become overwhelmed. but to each his own.
Everything is possible.

Even counter trend trades.

http://www.abload.de/img/sometradesw0c12.png

16.4 pips
  • #35
  • Feb 20, 2013 7:15am Feb 20, 2013 7:15am
Quoting CrucialPoint
You shouldn't butt in a conversation without ever understanding what is being discussed, because you sound like another idiot who do so.
wow,, wow,,one example of an arrogant person

salaam
  • #36
  • Feb 20, 2013 2:49pm Feb 20, 2013 2:49pm
Quoting BackTestDummy
I would also recommend that you listen to the newswires - most of it is boring drivel, at least to me, but if you see a reaction like this, it's better to know if it is for a 'reason'.

Momentous moves like this rarely happen these days, but if you did nothing but wait for these moves, you would still do well. Wait for pull-backs and get in with tight stops. Use small positions and add to them as soon as stop is moved to BE.
What kind of bands are the ones on your chart?
  • #37
  • Mar 2, 2013 4:54pm Mar 2, 2013 4:54pm
trend / countertrend / range is a matter of how big is my chart and what timeslice i zoom in to

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  • #38
  • Apr 2, 2013 9:32am Apr 2, 2013 9:32am
playing with fire at devils gate
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  • #39
  • Apr 2, 2013 4:45pm Apr 2, 2013 4:45pm
stupid exercise in holding breath deep underwater
bet too early on decreased afternoon inflows lol
survived it
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  • #40
  • Apr 3, 2013 4:04pm Apr 3, 2013 4:04pm
Quoting CrucialPoint
Indicator 1. Price Indicator 2. MA Indicator 3. Influx If you see eight... um, I don't really know what you want me to say

Hi CP,

You said you are using second charts. how can you trade successfully when you see only chaos on that kind of a chart? I am kinda curios. If you are ok then can you tell me more -

1-You take in the direction of the main trend only? or you counter trade too?
2-how can you beat ranging markets? or your system works during ranging periods also?
3-how many trades do you get in a day?
4-how many minutes do your trades last?
5-what is the success rate?
6-how small is your SL?
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