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

  • #521
  • May 13, 2013 10:35am May 13, 2013 10:35am
With new indi this system is better. Thanks a lot !!!!
Even though I walk through the darkest valley, I will fear no evil
  • #522
  • Edited 1:33pm May 13, 2013 1:22pm | Edited 1:33pm
Updated the EA with the flatmarket indi. Obviously it needs that to work now.I haven't actually tested it so see if it performs as expected.

Apparently now the idea is to trail the SL. Perhaps an indi could be used for that instead of doing it manually ? If anybody has a good one I could add it.
Attached File(s)
File Type: ex4 Bliss EA v0.4.3.ex4   20 KB | 296 downloads
  • #523
  • May 13, 2013 3:48pm May 13, 2013 3:48pm
I back tested and it doesn't follow the new indi. A lot of entries on flat
Even though I walk through the darkest valley, I will fear no evil
  • #524
  • May 13, 2013 5:29pm May 13, 2013 5:29pm
Quoting monocor
I back tested and it doesn't follow the new indi. A lot of entries on flat
Yeah. I think I found the problem. Try this one.
Attached File(s)
File Type: ex4 Bliss EA v0.4.4.ex4   20 KB | 412 downloads
  • #525
  • Edited 11:25pm May 13, 2013 10:47pm | Edited 11:25pm
Hi

I found the problem, we should ensure that all sell is taken only if we see a clean candle close below the 200 EMA that should be our prime trend decider once we see that the price has broken 200 EMA then we just check the xpma for same sell color ( red ) with both complying we can take the sell right away if the HA is red color . MACD is not needed in this case. so just 3 checks ( cleans candle closing below the 200 ema ( no part of the candle should be touching the 200 ema line ) then price is below the xpma red line and the candle is red in color , next candle opening u can fire the order to sell for buy just the reverse.

MACD flat market can be used to filter out ranging market when the price moves along the 200 ema line . by doing this we will be getting big trades like the 100 pips trade and not the 10 -20 pips trade.

I have attached the screen shot. HA- T3 arrow we can ignore if the HA candle is red color

As regards SL it should be placed 3 pips above the 200 ema and should move as the 200 ema value changes as trade progresses . As for exit it can be done when the MACD moves above zero line.
Attached Image (click to enlarge)
Click to Enlarge Name: spacy.png Size: 31 KB
  • #526
  • May 14, 2013 12:39am May 14, 2013 12:39am
@spacy >>> another example of a beautiful entry with sl .
Attached Image (click to enlarge)
Click to Enlarge Name: spacy1.png Size: 33 KB
  • #527
  • May 14, 2013 3:25am May 14, 2013 3:25am
I like the system as it is. 20 pips a day is more then enough for me. As Cubby sad 5 full lots with 20 pip a day will give you a $1K. For last week I had 150 pips. 100 pips profit, and 50 pips in my pip bank, to cover losses or for the days when I will not trade.

I don't know about EA. It gives entries by the rules. But some times we have an entry after 100 pip move, and market just turn on you.

I have -5 pip, and open trade +15 pips for now
Even though I walk through the darkest valley, I will fear no evil
  • #528
  • May 14, 2013 3:29am May 14, 2013 3:29am
Quoting SpacyTrader
{quote} Yeah. I think I found the problem. Try this one. {file}
Now it doesn't open positions. For 1 month of back testing 0 positions was open
Even though I walk through the darkest valley, I will fear no evil
  • #529
  • May 14, 2013 3:38am May 14, 2013 3:38am
Hi Monocor , which pairs you trading ? Yesterday I followed EurUSd EurJpy GbpUsd USDJPY and there was no signals
thx
  • #530
  • May 14, 2013 4:07am May 14, 2013 4:07am
Sorry looked at the wrong trade. 1st trade today was -11 pips, second moved SL +6. I have EU, GU, AU. I am taking trades M5 and M15.

And now moving SL +11
Even though I walk through the darkest valley, I will fear no evil
  • #531
  • May 14, 2013 5:17am May 14, 2013 5:17am
Quoting unimak
Hi I found the problem, we should ensure that all sell is taken only if we see a clean candle close below the 200 EMA that should be our prime trend decider once we see that the price has broken 200 EMA then we just check the xpma for same sell color ( red ) with both complying we can take the sell right away if the HA is red color . MACD is not needed in this case. so just 3 checks ( cleans candle closing below the 200 ema ( no part of the candle should be touching the 200 ema line ) then price is below the xpma red line and the candle is red in...
What about this one
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 36 KB
Even though I walk through the darkest valley, I will fear no evil
  • #532
  • May 14, 2013 6:43am May 14, 2013 6:43am
3 Trades today, -11 pips, +11, +5, so total +5. Have to work on the stop loss, moved SL +11 to early, could take +40.
Even though I walk through the darkest valley, I will fear no evil
  • #533
  • May 14, 2013 7:11am May 14, 2013 7:11am
Quoting monocor
{quote} Now it doesn't open positions. For 1 month of back testing 0 positions was open
From the video with the new rules it said to check the current candle of the flat indi. Apparently thats not possible since it doesn't do the current candle. This time I made a quick test too. It takes trades now.
Attached File(s)
File Type: ex4 Bliss EA v0.4.5.ex4   20 KB | 521 downloads
  • #534
  • May 14, 2013 7:12am May 14, 2013 7:12am
Quoting unimak
@spacy >>> another example of a beautiful entry with sl . {image}
Yeah I thought about using psar Maybe see what cubby thinks ? Not convinced about the EMA. I cant see that it adds anything.
  • #535
  • May 14, 2013 7:29am May 14, 2013 7:29am
Many signals are delayed by MACD Flat or the market at the moment is not good for this System
  • #536
  • Edited 9:03am May 14, 2013 8:47am | Edited 9:03am
Quoting Turbobzik
Many signals are delayed by MACD Flat or the market at the moment is not good for this System
I am agree, Today I missed a good position, difference was 15 pips. I market my entry with an arrow. The same happened on AU I missed 5 pips and entered late.

I was looking what was wrong with SL, but because of late entries I missed 60 pips.
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 20 KB
Even though I walk through the darkest valley, I will fear no evil
  • #537
  • May 14, 2013 9:20am May 14, 2013 9:20am
My result today on demo :
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY15TF.png Size: 21 KB
Click to Enlarge Name: EURUSD15TF.png Size: 17 KB
Click to Enlarge Name: GBPUSD15TF.png Size: 17 KB
Click to Enlarge Name: Gold15 TF.png Size: 19 KB
Click to Enlarge Name: 2013-05-14_161729.png Size: 9 KB
  • #538
  • May 14, 2013 10:57am May 14, 2013 10:57am
can it get any simpler than this ??? just 200 ema and HA t3 and SAR .02 2 4 beautiful EJ trades . check it out . ALL we need is a EA to catch the entries and with tp and sl at 20 pips each , we should be able to net good profits. SL can be trailed also via SAR value. I have market the entry candle via a vertical line . The candle prior to the entry candle does not touch the 200 ema that is the entry criteria.
Attached Image (click to enlarge)
Click to Enlarge Name: simpler.png Size: 43 KB
  • #539
  • May 14, 2013 11:01am May 14, 2013 11:01am
Quoting unimak
can it get any simpler than this ??? just 200 ema and HA t3 and SAR .02 2 4 beautiful EJ trades . check it out . ALL we need is a EA to catch the entries and with tp and sl at 20 pips each , we should be able to net good profits. SL can be trailed also via SAR value. I have market the entry candle via a vertical line . The candle prior to the entry candle does not touch the 200 ema that is the entry criteria. {image}
It is only one day. You need results atleast for 5-6 months
Attached Image (click to enlarge)
Click to Enlarge Name: 15m.gif Size: 20 KB
Even though I walk through the darkest valley, I will fear no evil
  • #540
  • May 14, 2013 11:03am May 14, 2013 11:03am
I tried system with Oil, Nas, and Uk100 it works as well, but need a little modifications
Even though I walk through the darkest valley, I will fear no evil
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