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Attachments: My Market Order System
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My Market Order System

  • #701
  • Apr 3, 2014 9:30am Apr 3, 2014 9:30am
Quoting eitan1010
short on EUR/KIWI(i try the one hr tf) {image}
Eitan - Your Project trade report for the past 17 days looks good!
Have you been using this method (PZ box and semafore) consistently to achieve these results, or has it been a mixture of methods?
  • #702
  • Apr 3, 2014 9:36am Apr 3, 2014 9:36am
Quoting paws
{quote} Eitan - Your Project trade report for the past 17 days looks good! Have you been using this method (PZ box and semafore) consistently to achieve these results, or has it been a mixture of methods?
no,the project is method by itself.
when GOD brings you a challenge he also gives you the power to deal with it
  • #703
  • Apr 3, 2014 4:14pm Apr 3, 2014 4:14pm
Quoting eitan1010
short on EUR/KIWI(i try the one hr tf) {image}
eitan,Most times after the no3 dot, the stoploss is often high. How do you set take profit?
  • #704
  • Edited 10:00pm Apr 3, 2014 9:48pm | Edited 10:00pm
I have had the ptzero indicator for several years now and can say it does not repaint.....but it works best on higher timeframes (4hour and above)....I have just never found a good "filter" for it so maybe this is viable now. One thought is to wait for signal on 4hour and enter on the 1hr or 15 min. It would mean probably less profit, but also less risk...

On the EURUSD: it fell over 100 pips yesterday......and 18 ema has fallen further away from the 3 ema......so I wouldn't be taking any longs to be on the safe side!
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdmdaily.png Size: 42 KB
  • #705
  • Apr 3, 2014 10:57pm Apr 3, 2014 10:57pm
Quoting Esosa
{quote} eitan,Most times after the no3 dot, the stoploss is often high. How do you set take profit?
1:1 RR but most of the time i close it in the half way if i see strong S/R area even though i see later that price gave lot of pips from my original TP
(but thats in my project method).
when GOD brings you a challenge he also gives you the power to deal with it
  • #706
  • Apr 4, 2014 9:32am Apr 4, 2014 9:32am
Quoting eitan1010
{quote} 1:1 RR but most of the time i close it in the half way if i see strong S/R area even though i see later that price gave lot of pips from my original TP (but thats in my project method).
Thanks again eitan, I got back +170 pips today on my live account using the PZ (4 hr), to be honest also made some pips on demo without the Pz , but I think your PZ may be a very good filter ,
Off tomorrow for a week or so caravanning , good luck all see ya when I return .
regards Orid peter
Attached Image (click to enlarge)
Click to Enlarge Name: daily.jpg Size: 391 KB
  • #707
  • Apr 4, 2014 9:41am Apr 4, 2014 9:41am
Quoting orid
{quote} Thanks again eitan, I got back +170 pips today on my live account using the PZ (4 hr), to be honest also made some pips on demo without the Pz , but I think your PZ may be a very good filter , Off tomorrow for a week or so caravanning , good luck all see ya when I return . regards Orid peter{image}
welcome buddy,i am very happy for you and for me that its help you,
my best regards,
Eitan.
when GOD brings you a challenge he also gives you the power to deal with it
  • #708
  • Apr 4, 2014 9:52am Apr 4, 2014 9:52am
Quoting eitan1010
short on EUR/KIWI(i try the one hr tf) {image}
eitan1010, good stuff...that candle that is a breakout out of box seems to carry allot of pips with it. I know the idea is to enter after the low of breakout candle , but have you looked at entering at the bottom of the box and not after the breakout candle?
  • #709
  • Apr 4, 2014 10:01am Apr 4, 2014 10:01am
Quote
Thanks again eitan, I got back +170 pips today on my live account using the PZ (4 hr)

Well Done Orid

And thanks to Eitan for the indi.

I haven't traded with it yet, but it looks like an exciting new addition to this system
  • #710
  • Apr 4, 2014 10:03am Apr 4, 2014 10:03am
Quoting driven18
{quote} eitan1010, good stuff...that candle that is a breakout out of box seems to carry allot of pips with it. I know the idea is to enter after the low of breakout candle , but have you looked at entering at the bottom of the box and not after the breakout candle?
tell the truth this one hr tf was just an test..in all my trading style i look to wait in patience till the candle close to consider any trade..
when GOD brings you a challenge he also gives you the power to deal with it
  • #711
  • Apr 4, 2014 4:00pm Apr 4, 2014 4:00pm
Quoting eitan1010
ok guys just want to help here..enjoy{file} {image}
Hi Eitan, this system you have looks pretty good will give it a try on my next few trades.
Thanks for the addition
  • #712
  • Apr 4, 2014 4:14pm Apr 4, 2014 4:14pm
Quoting eitan1010
short on EUR/KIWI(i try the one hr tf) {image}
hmmm...
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 190 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #713
  • Apr 4, 2014 4:18pm Apr 4, 2014 4:18pm
Quoting bobhowson
{quote} Hi Eitan, this system you have looks pretty good will give it a try on my next few trades. Thanks for the addition
GL buddy and have great weekend!
when GOD brings you a challenge he also gives you the power to deal with it
  • #714
  • Apr 6, 2014 2:05pm Apr 6, 2014 2:05pm
Quoting Esosa
{quote} @WahajaHow did you do your backtest even wayback to 2006 and knew that some candle repainted and the dates, how did you do it? is it with a special programe?
Hello Esosa,

I back-tested a lot of strategies, these are my special tricks to understand the movements, i have the history from 2005 till now, especially with M1 and daily charts. 2006 and 2007 EURUSD markets were less trending and more choppy. Opposite in 2013 and 2014 (continue till now), the market in EU is less choppy and more trending...

Results can be different when we trade different pairs at the same time, but i don't think that the system has a long living time. System is good to make some quick money but for the long run, i would prefer not to trade with this if i am serious with my capital.

Trading the My Market Order system can be very profitable if traded with discretion, its experience which makes money, not a system. Some naked traders are managing to make even 100% per month of their capital with consistency, you know what? It is their experience which makes money for them. About me, soooooo, i am very much happy with my system. Remember what i said, "Bob's system is profitable if traded with discretion", just like Orid did.

Best Regards,
PrinceWahaj
  • #715
  • Apr 7, 2014 1:49pm Apr 7, 2014 1:49pm
in addition to PTZ indi there are some update that improve results as i BT it and have my conclussions:
each pair i will list here need to be change the" MinRange " value and its for the 4hrs tf (thats what i had tested)for best results
so here is the list:
GA,NU,AJ,EN,EA,AU=CHANGE TO 13
AN,EURCAD,GJ,GBPCHF,CADJ=CHANGE TO 21
NJ,EU,GU,GN=CHANGE TO 18
EJ=CHANGE TO 8
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 280 KB
when GOD brings you a challenge he also gives you the power to deal with it
  • #716
  • Apr 7, 2014 11:31pm Apr 7, 2014 11:31pm
Quoting eitan1010
in addition to PTZ indi there are some update that improve results as i BT it and have my conclussions: each pair i will list here need to be change the" MinRange " value and its for the 4hrs tf (thats what i had tested)for best results so here is the list: GA,NU,AJ,EN,EA,AU=CHANGE TO 13 AN,EURCAD,GJ,GBPCHF,CADJ=CHANGE TO 21 NJ,EU,GU,GN=CHANGE TO 18 EJ=CHANGE TO 8 {image}
Thanks Eitan.

Regards
  • #717
  • Apr 7, 2014 11:32pm Apr 7, 2014 11:32pm
what is MinRange for usd/jpy ?
  • #718
  • Apr 8, 2014 12:38am Apr 8, 2014 12:38am
Quoting fredgold3434
what is MinRange for usd/jpy ?
still working on it..
when GOD brings you a challenge he also gives you the power to deal with it
  • #719
  • Apr 8, 2014 1:28am Apr 8, 2014 1:28am
hi eitan1010, so the list is for the 4hr tf and which mean if daily tf no need to change the "minrange " value ??
  • #720
  • Apr 8, 2014 2:57am Apr 8, 2014 2:57am
Thanks Eitan, how far back are you testing to get the data because I am coming up with much different numbers.
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