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CSMA System

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  • Post #81
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  • Apr 18, 2013 7:21am Apr 18, 2013 7:21am
  •  ReyesWhite
  • | Joined Apr 2013 | Status: I like to be where the actions at | 164 Posts
Quoting mmaker
Disliked
Can someone help me? From the picture, I don't see how they add up to +114pips. The wins and losses column also don't add up.
Ignored
-19
-20
+40
+43
+40
-20
+40
+14

=118 pips exactly. 10 cents a pip = $1 for 10 pips.
 
 
  • Post #82
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  • Apr 18, 2013 7:23am Apr 18, 2013 7:23am
  •  ReyesWhite
  • | Joined Apr 2013 | Status: I like to be where the actions at | 164 Posts
Quoting oconnor365
Disliked
Hi Reyeswhite.... Interesting system..Can I ask what times/sessions do you start reviewing and trading this system?
Ignored
I trade it whenever i like, that's the joy of the system. So long as everything is moving in the right direction it doesn't really matter when you trade. I like to make sure personally that all trades are closed before 10pm GMT (BST), and then i go to bed. But if was to stay up i would wait a few hours till maybe 12am for the markets to calm down a bit because, i tend to find that when the Aussie markets open at 10pm and the new trading day begins, the market tends to be a bit undecided for a few hours as to it's bias. That's just the way i trade though, everyone trades differently.
 
 
  • Post #83
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  • Apr 18, 2013 7:50am Apr 18, 2013 7:50am
  •  mmaker
  • | Commercial Member | Joined Dec 2010 | 1,135 Posts
Quoting ReyesWhite
Disliked
-19 -20 +40 +43 +40 -20 +40 +14 =118 pips exactly. 10 cents a pip = $1 for 10 pips.
Ignored
Thanks for the clarification. You should consider either Myfxbook or ForexFactory's TradeExplorer to show your trades history, they are very detailed including the pips calculations and track record analysis.

Why are you still trading in micro lots (10cts a pip)? For a winning system, you should be able to trade bigger lot sizes like mini-lots or even standard lots.
No longer trading forex. Looking for full time job.
 
 
  • Post #84
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  • Apr 18, 2013 8:03am Apr 18, 2013 8:03am
  •  ReyesWhite
  • | Joined Apr 2013 | Status: I like to be where the actions at | 164 Posts
Since the other day i'm now trading 0.10 lots. You're right about myfxbook too, i have used it many times. I may setup one for future personal use.
 
 
  • Post #85
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  • Apr 18, 2013 4:36pm Apr 18, 2013 4:36pm
  •  Hugh Briss
  • | Commercial Member | Joined May 2011 | 3,012 Posts
Quoting zortan
Disliked
More dross clogging up the already over clogged forums, indicators to make you millions, screenshots of 'profits', snake oil for sale. I can't believe anyone would follow these people apart from the most gullible/desperate who shouldn't be trading anyway.
Ignored
Hey loser, who's got any snake oil for sale?! As far as I can see the guy has put up a system that works for him and asked for nothing in return. The only reason it's in the commercial section is because it uses an indicator from a commercial site. So what? I suggest if you have nothing positive to add then you just move on.
 
 
  • Post #86
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  • Apr 20, 2013 7:44am Apr 20, 2013 7:44am
  •  ReyesWhite
  • | Joined Apr 2013 | Status: I like to be where the actions at | 164 Posts
Great end to the week this week, totalling profit of 200 pips. I believe implementing someone elses system can sometimes be a hard thing to do, especially when you're not the originator of the system, but if you take time you can make money with this system, just like i do.

The biggest pitfalls of this system is that sometimes you can get onto the end of the winning trend and it can suddenly reverse, that's why the 2.1 ratio works best. It helps to keep things at an even keel and get the best out of the system. Best of luck to anyone trying this, hope you have the same success as i do.
 
 
  • Post #87
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  • Apr 20, 2013 7:24pm Apr 20, 2013 7:24pm
  •  cariddi74
  • | Membership Revoked | Joined May 2009 | 1,419 Posts
Quoting Vicente
Disliked
It is simple to transform the indicator in order that it does not repaint. If this one in a letter of 15 minutes the serious configuration the following one: 1 TF = 0 (for 15 m) Ma = 5 2 TF = 0 (for 30 m) Ma = 10 3 TF = 0 (for 1 H) Ma = 20 4 TF = 0 (for 4 H) Ma = 160
Ignored
Could you (or any other good soul) kindly post here the modified non repainting indi? I suck in programming..
Thanks in advance.
 
 
  • Post #88
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  • Apr 21, 2013 5:37am Apr 21, 2013 5:37am
  •  ReyesWhite
  • | Joined Apr 2013 | Status: I like to be where the actions at | 164 Posts
I think you're asking for the impossible mate, the indicator only repaints the current bar, whether it be the D1 or M30. I don't think it's possible to have a non repainting indicator for the current bar whislt it's still open, only when it's closed. That's just from what i know though, maybe a coder will know more.
 
 
  • Post #89
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  • Edited at 7:14am Apr 21, 2013 7:01am | Edited at 7:14am
  •  cariddi74
  • | Membership Revoked | Joined May 2009 | 1,419 Posts
Quoting ReyesWhite
Disliked
I think you're asking for the impossible mate, the indicator only repaints the current bar, whether it be the D1 or M30. I don't think it's possible to have a non repainting indicator for the current bar whislt it's still open, only when it's closed. That's just from what i know though, maybe a coder will know more.
Ignored

Opss..sorry to be unclear. I know the current bar can have "transient" signals, cause until a candle it's not closed you cannot fix the dot in a definitive manner (it would be like knowing the future in advance). My request was in regard to some points rised by, Willf and Billbss (for example read their posts n. 58 and 60 in this thread). They said the MTF indicator, i mean the second, third and fourth line of the indicator (the ones that shows the higher timeframe than the current one) repaints; now, the dot's colour (the colour at the CLOSE of a candle,i mean) is just a way to visualize a MA crossing,right? In theory,there is no calculations that CANNOT be done regardless the CURRENT timeframe (like others MTF indicators around,on the contrary, do) in a a MA crossing indi.. so, if the 2nd,3rd and 4th line of the indi, really repaints THE PAST as some members said, it should be not difficult for a skilled mq4 programmer to make them not repainting, changing some parameters that does not involve the CURRENT bar calculation for 2nd,3rd and 4th line dots.
I hope it makes sense. Thank you
 
 
  • Post #90
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  • Edited at 8:52am Apr 22, 2013 8:25am | Edited at 8:52am
  •  lotv
  • | Joined Dec 2004 | Status: Member | 74 Posts
PEOPLE, I seldom post ,because I have a successful trading method which works and I make on average 427 pips every week....now this man has posted a similar method to my own,but time frames make my system easier ( no more grey hairs), why do you dispel his method of making money??? instead of trialing and offer ways of improvement.....I see none of this... instead I see arguements of repainting(bloody pathetic you guys) always the same crap....just get on with trialing his system...it is good ...just think of lengthening the time frame and you will make mega dollars. apologies if I offended you souls, XXXXX
 
 
  • Post #91
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  • Edited at 10:48am Apr 22, 2013 9:30am | Edited at 10:48am
  •  cariddi74
  • | Membership Revoked | Joined May 2009 | 1,419 Posts
Quoting lotv
Disliked
PEOPLE, I seldom post ,because I have a successful trading method which works and I make on average 427 pips every week....now this man has posted a similar method to my own,but time frames make my system easier ( no more grey hairs), why do you dispel his method of making money??? instead of trialing and offer ways of improvement.....I see none of this... instead I see arguements of repainting(bloody pathetic you guys) always the same crap....just get on with trialing his system...it is good ...just think of lengthening the time frame and you will...
Ignored
Hey, bud, the few simple morons in this thread has been already muted by experienced members at their inception of trolling, i think.
We, the other ones positive souls,are just trying to debate IF the MTF indi repaints and if so, how to BETTER it (maybe making it non repainting)...exactly what you suggest...constructive discussion for improving the system
Please also give us your contribute,if you don't mind, telling us more about your own "variation" of this system cited in your quoted post, or your own similar system.
 
 
  • Post #92
  • Quote
  • Apr 22, 2013 11:39am Apr 22, 2013 11:39am
  •  oconnor365
  • | Joined Sep 2011 | Status: Member | 171 Posts
Hi lotv...Can you shed a little light on your method and timeframe. I've been demoing this method on the 30 min with mixed results but would prefare a higher timeframe....(as you say less stress...lol)...what times do you review the charts etc..

Many thanks
T

Quoting lotv
Disliked
PEOPLE, I seldom post ,because I have a successful trading method which works and I make on average 427 pips every week....now this man has posted a similar method to my own,but time frames make my system easier ( no more grey hairs), why do you dispel his method of making money??? instead of trialing and offer ways of improvement.....I see none of this... instead I see arguements of repainting(bloody pathetic you guys) always the same crap....just get on with trialing his system...it is good ...just think of lengthening the time frame and you will...
Ignored
 
 
  • Post #93
  • Quote
  • Apr 22, 2013 12:59pm Apr 22, 2013 12:59pm
  •  Hugh Briss
  • | Commercial Member | Joined May 2011 | 3,012 Posts
Quoting lotv
Disliked
PEOPLE, I seldom post ,because I have a successful trading method which works and I make on average 427 pips every week....now this man has posted a similar method to my own,but time frames make my system easier ( no more grey hairs), why do you dispel his method of making money??? instead of trialing and offer ways of improvement.....I see none of this... instead I see arguements of repainting(bloody pathetic you guys) always the same crap....just get on with trialing his system...it is good ...just think of lengthening the time frame and you will...
Ignored
Thanks for posting this. I agree, too many people are quick to dismiss ideas without even trying them. More power to your pip machine.
 
 
  • Post #94
  • Quote
  • Apr 23, 2013 2:47am Apr 23, 2013 2:47am
  •  lotv
  • | Joined Dec 2004 | Status: Member | 74 Posts
Quoting cariddi74
Disliked
{quote} Hey, bud, the few simple morons in this thread has been already muted by experienced members at their inception of trolling, i think. We, the other ones positive souls,are just trying to debate IF the MTF indi repaints and if so, how to BETTER it (maybe making it non repainting)...exactly what you suggest...constructive discussion for improving the system Please also give us your contribute,if you don't mind, telling us more about your own "variation" of this system cited in your quoted post, or your own similar system.
Ignored
If an indicator is repainting,take a look at the moving averages (for my system I use 7 and 22 (daily charts none other) they are usually so close together its a dead set NO TRADE signal to me. So repainting is a whole lot of bother.
 
 
  • Post #95
  • Quote
  • Apr 23, 2013 12:55pm Apr 23, 2013 12:55pm
  •  oconnor365
  • | Joined Sep 2011 | Status: Member | 171 Posts
Hi Lotv....interesting..do you trade the cross of the ma's with the currency strength meter?...is it the same Henry Liu's csm ?..sorry for bothering you...just trying to get a handle on this

Cheers
T
Quoting lotv
Disliked
{quote} If an indicator is repainting,take a look at the moving averages (for my system I use 7 and 22 (daily charts none other) they are usually so close together its a dead set NO TRADE signal to me. So repainting is a whole lot of bother.
Ignored
 
 
  • Post #96
  • Quote
  • Apr 23, 2013 7:29pm Apr 23, 2013 7:29pm
  •  muwhahaha
  • | Joined Feb 2013 | Status: Junior Member | 4 Posts
Hopefully I can clear up some confusion about the indicator. First off, the indicator only repaints the current bar when you are looking at it in real time.


I am pretty sure the indicator uses an algorithm which will take the current value once the lower timeframe bar has closed from the higher timeframe. For example, let us say you are using the indicator on M1 and you have your timeframes set up for 4H. Once the M1 bar closes it will take the current value from the 4H timeframe then it will NOT repaint.

So, in real time the indicator will not repaint but if you refresh the indicator you should see some of the values have changed because it can't predict the past values (I have seen indicators that do not have this problem but I have not been able to look at its code before because they are all .exe).

Here is a look at a MTF RSI indicator:

http://i1175.photobucket.com/albums/...ps01cbb3f7.gif


As you can see, the indicator is starting to take the real time values near the current bar because that is when I applied the indicator to my chart. Now look back and you can see the stair step effect. In essence, that is what the ALEX indicator is doing but it puts everything into a nice little box that gives either a long or short signal. Now, if I refreshed my indicator the area of the chart that was real time would go back to the stair step effect. If you don't leave mt4, refresh indi, ect. then you should not be seeing any magical squares appear 10 bars back that are completely different.

Sorry if this made anyone else more confused I am not very good at articulating my thoughts but I would rather hear talk about the system, not whether the indicator repaints or not.

Please visit this thread to get a better understanding of the indicator. The indicator uses algorithm v2 ---->>> http://www.forexfactory.com/showthread.php?t=365258

p.s. This also means that you can't visually back test this system because you won't be seeing the same values as you would real time.
I can guarantee that you will never succeed if you never try.
 
 
  • Post #97
  • Quote
  • Apr 25, 2013 9:05am Apr 25, 2013 9:05am
  •  cariddi74
  • | Membership Revoked | Joined May 2009 | 1,419 Posts
Just took a EU/GBP sell trade...let's see how it goes
I am a big fan of currency streght meters (though i usually don't use the CSMA system..well..at least for now! )
 
 
  • Post #98
  • Quote
  • Apr 25, 2013 12:40pm Apr 25, 2013 12:40pm
  •  cariddi74
  • | Membership Revoked | Joined May 2009 | 1,419 Posts
Quoting cariddi74
Disliked
Just took a EU/GBP sell trade...let's see how it goes I am a big fan of currency streght meters (though i usually don't use the CSMA system..well..at least for now! )
Ignored
So far, a good trade. Still in, let's see if we can squeeze few more pips.
 
 
  • Post #99
  • Quote
  • Apr 25, 2013 1:08pm Apr 25, 2013 1:08pm
  •  FiatFap
  • Joined Sep 2010 | Status: Member | 578 Posts
@cariddi74
EUR & GBP were indeed the biggest movers today (white circles in pic below), but EUR is retracing into bigger timeframe bid momentum; EURGBP needs to close below a 4hr buy zone @0.84 and will most likely find support between 0.838 - 0.833.

Attached Image (click to enlarge)
Click to Enlarge

Name: KlLXxUp.png
Size: 172 KB

___________________________
FXNewsAlert - News & momentum
Politics is the womb in which war develops.
 
 
  • Post #100
  • Quote
  • Apr 25, 2013 1:12pm Apr 25, 2013 1:12pm
  •  cariddi74
  • | Membership Revoked | Joined May 2009 | 1,419 Posts
Quoting FiatFap
Disliked
@cariddi74 EUR & GBP were indeed the biggest movers today (white circles in pic below), but EUR is retracing into bigger timeframe bid momentum; EURGBP needs to close below a 4hr buy zone @0.84 and will most likely find support @ 0.83250. {image} ____________________________ FXNewsAlert - News & momentum
Ignored
Thank you bud, yes i also noticed today the GBP was on steroid!!
I probably will subscribe to your fxnewsalert tool, cause it seems it has features that other "meters" have not. Thank you for your commitment in making the tool available for everybody.
 
 
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