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Eitan's Project

  • #241
  • Feb 21, 2014 2:50pm Feb 21, 2014 2:50pm
Quoting Trader05
{quote} Really impressive! Congratulations!
thanks bro,if i can do it everyone with good discipline and patience can do it!

great weekend all!
when GOD brings you a challenge he also gives you the power to deal with it
  • #242
  • Feb 21, 2014 3:06pm Feb 21, 2014 3:06pm
one month view from 21 on jan

Attached Image (click to enlarge)
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when GOD brings you a challenge he also gives you the power to deal with it
  • #243
  • Feb 21, 2014 3:55pm Feb 21, 2014 3:55pm
Nice profit there.Good weekend to you all.
  • #244
  • Feb 22, 2014 6:38am Feb 22, 2014 6:38am
Ok I have sent details of method to coder..

I will now await any questions he has and post them here for Eitan if I cant answer them

Once he is ok with the entry and exit method of the method I will send what we think the dashboard should look like

Sirwolf has put this one forward .. The ony thing that worries me with this is that each swap has a diffrent TP to SL some are 1:1 other are 1:2 and these may well change as the list is updated monthly by the success rate of any trades that month as they are added to the existing list.That process may be difficult to code and keep up with.The stop loss will have to be tided down 20 -30 pips above a certain line will not be accurate enough to get it coded.

Can we for example say SL is GANN SSL or GANN SSL D1 to stand a chance of replicating Eitans resuts we need to place the stop loss as he does.If we do away with the SL box then we have to also remove the TP box as its calculated

This may sound overcomplicated but its the type of questions I will get back from the coder

Another suggestion

Along side box ENTRY we could have SSL SL.... SSL D1 SL as recommended stop losses,but then we need 2 x TP boxes.

Or another suggestion do away with the SL and TP boxes altogether ?

P
Attached File(s)
File Type: xls Eitan Dashboard.xls   14 KB | 469 downloads
  • #245
  • Feb 22, 2014 7:46am Feb 22, 2014 7:46am
Dashboard

Ok this one is prob for Eitans

If you look at the chart the dashboard will show green on the conditions met inbetween the 2 red lines and the blue lines .. this is accurate as per our entry but its not a signal.

We may need to code something like

On 1st break out of cloud this will pick just the 1st red line as the entry and ignore the rest if the price enters cloud again then the box resets ready for next break

Secondly

Imagine this scenario

We get a signal as defined by the rules the box on that swap goes green for long and red for short
Next bar is a down bar at the end of the 4 hr candle the box goes back to yellow nuetral as all conditions not met.You come home from work and look at dashboard and you see no green orred box so you think there is no setup...but in theory there is an open trade and you can enter it now if you wish as the entry price has not been exceded yet.

We may need to split each box ..

green green..entry comditions met and price higher than the entry bar so we cannot look at that chart
Green yellow - Entry conditions met and price lower than entry price so chart worth looking at it may be possible to enter at the close of the current bar

What do you think
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  • #246
  • Feb 22, 2014 1:36pm Feb 22, 2014 1:36pm
ok so i got some free time to Strengthen my method and i will upload some changes to tpl file with additional indi's as below

Attached File(s)
File Type: zip addtional indis + tpl file.zip   68 KB | 391 downloads

after put all together open the tpl file and chart need to be like the one below

Attached Image (click to enlarge)
Click to Enlarge Name: 5.png Size: 105 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #247
  • Feb 22, 2014 2:09pm Feb 22, 2014 2:09pm
Quoting Paulus
Ok I have sent details of method to coder.. I will now await any questions he has and post them here for Eitan if I cant answer them Once he is ok with the entry and exit method of the method I will send what we think the dashboard should look like Sirwolf has put this one forward .. The ony thing that worries me with this is that each swap has a diffrent TP to SL some are 1:1 other are 1:2 and these may well change as the list is updated monthly by the success rate of any trades that month as they are added to the existing list.That process may...
hay Paulus how are you?great ideas you got there,thanks a lot!!!,

SL/TP issue:
well its realy hard to say cause each pair we have differ levels..but i can tell u what i do usually on trades and u can take it forword,:

on the top 5 pairs i use SL EQUALY AS TP minus 30 pips my SL is the DAILY SSL(well i put usually 10/20 pips more for SL but its not so important)
on last 5 pairs for exmple on my last GBPCHF trade i usually take 50% TP from SL for the first level after that if i able i trail my SL to 40% and go with it
with 20% jumping till we have 100% (3 jumps) but i cant able to do it all the time cause not in front of pc rest of the day..thats the reason why i normally prefer
my top 5 pairs.so my suggestion for the TP/SL issue is first calculate the SL thats its factor of the daily ssl and from that u can put TP 10 pips here and there
is not the issue BUT,we will need to monitor it and take intoo account that we have rulles to care bout it and we can do it manualy acccording the rulles
also i think u need to do the box according the preferations of the pairs u know like i had rated them.so the first 5 will be the most profitable pairs
according my reasarch that i made.
thanks a lot and great weekend.
Eitan.
when GOD brings you a challenge he also gives you the power to deal with it
  • #248
  • Feb 22, 2014 2:17pm Feb 22, 2014 2:17pm
Quoting Paulus
Dashboard Ok this one is prob for Eitans If you look at the chart the dashboard will show green on the conditions met inbetween the 2 red lines and the blue lines .. this is accurate as per our entry but its not a signal. We may need to code something like On 1st break out of cloud this will pick just the 1st red line as the entry and ignore the rest if the price enters cloud again then the box resets ready for next break Secondly Imagine this scenario We get a signal as defined by the rules the box on that swap goes green for long and red for short...
i think its great but we need to test it before..to see how its act in market conditions but the idea is fantastic!!!
when GOD brings you a challenge he also gives you the power to deal with it
  • #249
  • Feb 23, 2014 12:56am Feb 23, 2014 12:56am
Quoting eitan1010
ok so i got some free time to Strengthen my method and i will upload some changes to tpl file with additional indi's as below {file} after put all together open the tpl file and chart need to be like the one below {image}
Hello Master Eitan1010, this is my first post on this thread, but I am long time reader of your
thread, this chart looks imazing but sorry to say I am little bit confuse/nervous, so many
indicators, templets. I do not understand what to look/watch first when do live trading.

How do I get all updated indicators, templetes, and how to understand all, sorry about so many
questions, could you plz just give the post# or page# or when ever you have time plz explain
or email me to the following email:

[email protected]

thanks alot and take care.
  • #250
  • Feb 23, 2014 6:58am Feb 23, 2014 6:58am
Quoting Sevenskies
{quote} Hello Master Eitan1010, this is my first post on this thread, but I am long time reader of your thread, this chart looks imazing but sorry to say I am little bit confuse/nervous, so many indicators, templets. I do not understand what to look/watch first when do live trading. How do I get all updated indicators, templetes, and how to understand all, sorry about so many questions, could you plz just...
hello there,if u able to read all the posts and its not lot stuff to read you be able to understand all the things you marked above and do it now as the thread is still on dipers..GL Eitan.
when GOD brings you a challenge he also gives you the power to deal with it
  • #251
  • Feb 23, 2014 9:17am Feb 23, 2014 9:17am
Quoting eitan1010
ok so i got some free time to Strengthen my method and i will upload some changes to tpl file with additional indi's as below {file} after put all together open the tpl file and chart need to be like the one below {image}
Hi eitan,

Can you please explain how to us the new indicators that you have given us on the chart

Thanks Buddy..!
  • #252
  • Feb 23, 2014 9:19am Feb 23, 2014 9:19am
Quoting Trade-Man
{quote} Hi eitan, Can you please explain how to us the new indicators that you have given us on the chart Thanks Buddy..!
later i will post.
when GOD brings you a challenge he also gives you the power to deal with it
  • #253
  • Feb 23, 2014 2:17pm Feb 23, 2014 2:17pm
Quoting Trade-Man
{quote} Hi eitan, Can you please explain how to us the new indicators that you have given us on the chart Thanks Buddy..!
ok lets see and understand what changes we have here:,
on main chart:
1.from the Sonic system we have the FILLED DRAGON as a chanell
2.another from Sonic we have the PVA candles that its conect directly to PVA volume indi
3.we have great indicator that draw us automaticly fibo lines and very acurate and we know fibo are very important!
4.we have the non lag dot that act like an PSR indicator and can show us the continueation of the trend
5.nonlag trend display that can show us the trend on differ TF's.
6.Sonic PVA volumes / as the name of it = show us the candle vol/ trend and conect directly to the No2 indi.
the trade entry is as usuall our first trigger is the DAILY SSL and let say allmost 99% from the time that DAILY SSL changed its below/above DRAGON
FIBO can tell us what level we are!!,PVA candle almost all timre draw same color as VOL PVA and prefer to see red/green for enter both indi's,
NON LAG DOT will be red above candle for short and blue below for long.
chart explain below:
Attached Image (click to enlarge)
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when GOD brings you a challenge he also gives you the power to deal with it
  • #254
  • Feb 23, 2014 2:38pm Feb 23, 2014 2:38pm
hello new visitors and traders,

i put on the first post an zip file with full and up to date ver of my method also the tpl file is there too,
do not forget to copy paste it to the new mt folder as i showen it here before
when GOD brings you a challenge he also gives you the power to deal with it
  • #255
  • Feb 23, 2014 4:50pm Feb 23, 2014 4:50pm
Eitan

You obviously know what your doing but please my friend we have a saying in Uk ...'dont over egg the pudding'

Please be careful not to overload chart with indicators...I get nervous when i cant actually see price bars !.... your strike rate is impressive already and with this new set up you will have to double check all your old entries to make sure the strike rate is the same..

Are you sure these extra indicators increase the strike rate of your method ? If they do not then do you need them ?

P
  • #256
  • Feb 24, 2014 2:53am Feb 24, 2014 2:53am
One to watch here

just need range factor below black line and GG CCi red for entry
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  • #257
  • Feb 24, 2014 2:57am Feb 24, 2014 2:57am
Question

Is this to late for a trade with this method..below cloud and this is the 1st bar where all indicators lined up..

Or do we require price just breaking through cloud.... ???
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  • #258
  • Feb 24, 2014 2:58am Feb 24, 2014 2:58am
another 1 to watch
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  • #259
  • Feb 24, 2014 2:59am Feb 24, 2014 2:59am
One Ive been watching
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  • #260
  • Feb 24, 2014 3:03am Feb 24, 2014 3:03am
This relates to the ' How many bars past the cloud' question

This signal is 6 bars out of the cloud but 'looks' a better signal

Are there concrete rules for this situation ??.. to replicate Eitans results we need to fix exactly the entry rules.. if its done on gut feeling or lok of chart then results wont be replicated ?
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