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  • #3,441
  • Feb 3, 2014 12:14pm Feb 3, 2014 12:14pm
Quoting iamsovereign
{quote} Hi Kore2 Its a bad way of saying that most of my trades in Jan were in the green (made money) and very few in the red (lose money) I say a bad way of saying because its not a true evaluation on how much money I made. for instance if your losers were real big losers and the winners are small --then the 300% win rate means nothing.... but if I have learned anything at all - I have learned to keep the losers small. And I try to run with the winners. Now lets see how we do this month.

I`ve got it. Then I have to say that I have 300 % win rate myself as well.
It`s still my problem with alien method (and any other strategies) to let winners run and to cut loosers.
  • #3,442
  • Feb 3, 2014 12:39pm Feb 3, 2014 12:39pm
Just came home again, found this DS Setup M5 GBPUSD
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  • #3,443
  • Feb 3, 2014 12:40pm Feb 3, 2014 12:40pm
Quoting iamsovereign
{quote} Hi Kore2 Its a bad way of saying that most of my trades in Jan were in the green (made money) and very few in the red (lose money) I say a bad way of saying because its not a true evaluation on how much money I made. for instance if your losers were real big losers and the winners are small --then the 300% win rate means nothing.... but if I have learned anything at all - I have learned to keep the losers small. And I try to run with the winners. Now lets see how we do this month.

you calculate winrate wrong... 300% winrate would mean you won 3 times more trades than you entered, which is clearly impossible

winrate = 100 X (number of trades won)/(total number of trades)
The game taught me the game. And it didn't spare me the rod while teaching.
  • #3,444
  • Feb 3, 2014 12:43pm Feb 3, 2014 12:43pm
This probably has been answered already before (maybe I just don't remember).
Let's say I have entered based on DDS Divergence on H1 (see the blue line cross) but using lower time frames to confirm the entry.
I know that Alien has mentioned that exit is when 89 and or 144 ADX looses is power. My question is, would this be on H1 time frame or lower?
Attached Image (click to enlarge)
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Maintain a positive attitude no matter how much you lose!
  • #3,445
  • Feb 3, 2014 12:50pm Feb 3, 2014 12:50pm
Aud/Cad update...
M5 ADX just turned
green stoch crossed 50 line
H1 DS still looking good
Attached Image (click to enlarge)
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  • #3,446
  • Feb 3, 2014 12:58pm Feb 3, 2014 12:58pm
Quoting teton
Aud/Cad update... M5 ADX just turned green stoch crossed 50 line H1 DS still looking good {image}
nice one, monitoring it now. Also monitoring USDTRY for a short because of M15 & M5 stochastic and RSIOMA divergences, would be countertrend though as ADX Momentum is up, a nice simulteanous reverse on Lower TF's could confirm a move down, to any of the trend- or former triangle-lines
Attached Image (click to enlarge)
Click to Enlarge Name: 140203 USDTRY M15 1949.png Size: 73 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 140203 USDTRY M5 1949.png Size: 66 KB
  • #3,447
  • Feb 3, 2014 1:05pm Feb 3, 2014 1:05pm
Quoting forexalien
{quote} Well the GBPUSD M5 DS trade is not working out as planned , first time in 8 months for me , But Alien can't get them all, London has lots of money. But I expect this to at least retest it lows again................as you can see PA is not going long very fast..........we are in a retracement wave on the M15 Yes a possible DS trade is showing it's face on the GBPUSD on the M15, so price might inch up a bit more for this setup, and the H4 is short.............
I had a very small position so I left it open and ended up +40. Came close to my stop, (+10 beyond cloud) but not hit and the 100,10,10 stoch stayed down. Buy ADX never powered up, so I let it go. I'm getting more confident using ADX for entry/exit.
Follow the money --Mark Felt (Deepthroat)
  • #3,448
  • Edited 1:56pm Feb 3, 2014 1:21pm | Edited 1:56pm
Quoting vspatrick
{image} Here is a modified ADX Slope indi that matches Alien Template, it could replaces ADX (Average Directional Movement Index indi) if you like. ADX line get thicker when ADX/Momentum increase.. {file}
Hi,

Like it, thanks.
In my case it has a problem though: it does not update the ADX lines. On M1 for example have to right click on the chart and press "Refresh" manually each minute in order to continue the ADX combo lines.

Anybody knows a solution to fix it, so that it refreshes the chart automatically?
  • #3,449
  • Feb 3, 2014 1:25pm Feb 3, 2014 1:25pm
Quoting teton
Aud/Cad update... M5 ADX just turned green stoch crossed 50 line H1 DS still looking good {image}
Took that AUDCAD just now when green stochastic confirmed by crossin below 50, real tight SL on this one, right above
Attached Image (click to enlarge)
Click to Enlarge Name: 140203 AUDCAD M1 2020.png Size: 69 KB
last M1 High
  • #3,450
  • Feb 3, 2014 1:34pm Feb 3, 2014 1:34pm
Quoting jeffmichaels
{quote} Took that AUDCAD just now when green stochastic confirmed by crossin below 50, real tight SL on this one, right above {image}last M1 High
I entered this morning but wish it would break out of this consolidation, H1 still looks good I think

Waves within waves ...
  • #3,451
  • Feb 3, 2014 2:06pm Feb 3, 2014 2:06pm
Quoting teton
I entered this morning but wish it would break out of this consolidation, H1 still looks good I think Waves within waves ...
It needs few more pips to break lower low that was being tested once before on H1
If that happens we are in for good pips
Maintain a positive attitude no matter how much you lose!
  • #3,452
  • Feb 3, 2014 2:07pm Feb 3, 2014 2:07pm
Quoting jeffmichaels
{quote} Took that AUDCAD just now when green stochastic confirmed by crossin below 50, real tight SL on this one, right above {image}last M1 High
Hi Jeff!

How to removed, hide this one, these?
Thx
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  • #3,453
  • Feb 3, 2014 3:09pm Feb 3, 2014 3:09pm
Quoting -Dagobert-
{quote} Hi Jeff! How to removed, hide this one, these? Thx {image}
I modified the codes a lil bit, here are the files,

Advance ADX 2 set fixed min =0

Drake Delay & RSIOMA set fixed min -10 & max 100
Attached Image
Attached File(s)
File Type: ex4 Advanced_ADX 2.ex4   3 KB | 566 downloads
File Type: mq4 Advanced_ADX 2.mq4   2 KB | 703 downloads
File Type: ex4 Color_Stochastic 2.ex4   7 KB | 517 downloads
File Type: mq4 Color_Stochastic 2.mq4   5 KB | 601 downloads
File Type: ex4 Drake Delay Stochastic.ex4   5 KB | 561 downloads
File Type: mq4 Drake Delay Stochastic.mq4   6 KB | 694 downloads
File Type: ex4 RSIOMA (3).ex4   7 KB | 529 downloads
File Type: mq4 RSIOMA (3).mq4   6 KB | 662 downloads
  • #3,454
  • Feb 3, 2014 3:16pm Feb 3, 2014 3:16pm
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Every man who thinks ahead of his time is sure to be misunderstood.
  • #3,455
  • Feb 3, 2014 3:20pm Feb 3, 2014 3:20pm
Quoting jeffmichaels
{quote} I modified the codes a lil bit, here are the files, Advance ADX 2 set fixed min =0 Drake Delay & RSIOMA set fixed min -10 & max 100 {file} {file} {file} {file} {file} {file} {file} {file} {image}
This BBSqueeze i modified to only draw squeezes set fixed min=0 max=5

If you want the ADX with slope that follows DI+ & DI- like alien's use the one posted earlier by i forgot who

I have one too that i attached, but im not sure its ok, FerruFx maybe you as a coder could have a look at what's happening here see where i marked the ADX's sometimes the thinner line appears over the thicker one, or the yellow doesn't light up after turning up.

Did i mess up in the coding or is it due to DI+ DI- calculations ? (turning up for momentum later as MAIN) ?
Attached Image (click to enlarge)
Click to Enlarge Name: Indy Display.png Size: 15 KB
Attached File(s)
File Type: ex4 ADX2.ex4   6 KB | 519 downloads
File Type: mq4 ADX2.mq4   5 KB | 562 downloads
File Type: ex4 bbsqueeze_dark[1].ex4   7 KB | 506 downloads
File Type: mq4 bbsqueeze_dark[1].mq4   5 KB | 549 downloads
  • #3,456
  • Feb 3, 2014 3:33pm Feb 3, 2014 3:33pm
I think EURJPY has reached the bottom on all time frames... we should start looking for possible up trend?
Attached Image (click to enlarge)
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Maintain a positive attitude no matter how much you lose!
  • #3,457
  • Feb 3, 2014 3:52pm Feb 3, 2014 3:52pm
Quoting jbegic
I think EURJPY has reached the bottom on all time frames... we should start looking for possible up trend? {image}
This looks 100% short with ADX momentum on all but M1 & D1 TF, Go short when M1 turns short again I would think.

EDIT Forgot to mark RSIOMA but its pretty short looking too,

Attached Image (click to enlarge)
Click to Enlarge Name: 140203 EURJPY Comment.png Size: 114 KB
  • #3,458
  • Feb 3, 2014 3:56pm Feb 3, 2014 3:56pm
Quoting yaysayer
{quote} you calculate winrate wrong... 300% winrate would mean you won 3 times more trades than you entered, which is clearly impossible winrate = 100 X (number of trades won)/(total number of trades)
You are correct of course, but wins over # of losers 300% sounds so much better.
thanks yaysayer
Live today like theres no tomorrow-- Prioritize like you will die today
  • #3,459
  • Feb 3, 2014 4:01pm Feb 3, 2014 4:01pm
Quoting jeffmichaels
{quote} I modified the codes a lil bit, here are the files, Advance ADX 2 set fixed min =0 Drake Delay & RSIOMA set fixed min -10 & max 100 {file} {file} {file} {file} {file} {file} {file} {file} {image}
Thanks Jeff!

Very great work...

Green pips for you!
Thx
  • #3,460
  • Feb 3, 2014 4:07pm Feb 3, 2014 4:07pm
Quoting jbegic
I think EURJPY has reached the bottom on all time frames... we should start looking for possible up trend? {image}
I'm looking at entering this short now from M15, might put in a limit for following scenario before hitting the sack. TP at the 136 round number

Attached Image (click to enlarge)
Click to Enlarge Name: 140203 EURJPY Comment Entry.png Size: 67 KB
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