{quote} Yes, it should be that...waiting to know from Eitan if modified in any way (and not included for mistake in the .rar) or standard indi furnished with MT4.
But it seems to work well so far in my testing!
- #5,881
- Jul 27, 2014 8:00am Jul 27, 2014 8:00am
But it seems to work well so far in my testing!
- #5,883
- Jul 27, 2014 10:12am Jul 27, 2014 10:12am
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
when GOD brings you a challenge he also gives you the power to deal with it
- #5,884
- Jul 27, 2014 11:25am Jul 27, 2014 11:25am
- | Additional Username | Joined Apr 2014 | 1,312 Posts
{quote} Maybe! Lets wait for his response then. But it seems to work well so far in my testing!
could u putUp a chart , if possible gbp/cad = TIA 4 ur response !
- #5,885
- Jul 27, 2014 12:11pm Jul 27, 2014 12:11pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} ======= could u putUp a chart , if possible gbp/cad = TIA 4 ur response !
GBP/CAD is one of the nasty in usual basket of Eitan pairs! I always treat this pair with "respect" cause in the past it kicked me in the a*s many times ahaha. 
Here's a chart...yellow line is the trigger pre-signal candle (with yellow dot) and purple is trade trigger candle (where start the trade)..not very good actually in that nasty pair, but doing backtest on pairs more..friendly, like the majors (exlcuded, maybe, USD/JPY that usually Eitan do not trade) and i am sure it's hugely better there.
Doing backtest on EU/USD...NO LOSSES there, for 2012-2013-2014(since now), if moving stoploss to breakeven after 50 pips in our favour. I put there,initial stop loss = slightly above/below (for SELL/BUY), the HIGH/LOW (for SELL/BUY) of the trigger pre-signal candle with yellow ball).
Also maybe doing some brainstorming on it,and maybe.. me, Roma, or Eitan will also will find a "solution" for the most nasty pairs like GBP/CAD.
Stay tuned..we are working for you,folks!
But also don't be lazy, also you have to work for yourself...do backtest, use you brain and creativity....as they say "GIVE him a fish and he will eat TODAY..but teach him HOW to fish and he will eat EVERYDAY". Put some efforts, folks, don't be passive...it will worth it, trust me
- #5,886
- Edited 12:44pm Jul 27, 2014 12:22pm | Edited 12:44pm
- | Additional Username | Joined Apr 2014 | 1,312 Posts
{quote} Hey bad boy!
http://screencast.com/t/AdbkAnnYVN = short huh
- #5,888
- Jul 27, 2014 12:40pm Jul 27, 2014 12:40pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} ======= http://screencast.com/t/Trr0E5kMZJK = short huh
Also the last big UP candle give us more changes, maybe (for a opposite candle). But be careful with this pair
- #5,889
- Jul 27, 2014 12:42pm Jul 27, 2014 12:42pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Hey bad boy!
You and others mentioned here a lot about back-testing and impression created perhaps by new traders that somehow back-testing results are expected for future trades.
This is a fallacy.Past performances are unique because of specific fundamentals,players evolve never to be repeated again.Past results are nullified for future results.What is more important is focusing on volatility factor and trading systems best suited for that purpose.
System that generates great results in 50 ADR pairs may not perform well on 80-100 ADR pairs because of dynamic natures are different.My system's best results are pairs with 50-60 ADR and because of it I simply don't trade crosses that can go 150+in 2hrs like we have seen on some crosses lately.
Regards
In trading, you have to be defensive and aggressive at the same time
- #5,890
- Jul 27, 2014 12:46pm Jul 27, 2014 12:46pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} No because after yellow dot with bearish candle you look for long entry!
Correct parameter as per Eitan .tpl is 0 , 0, 34, 50.0. It eliminates, this way all the grey dots
- #5,891
- Jul 27, 2014 12:57pm Jul 27, 2014 12:57pm
- | Additional Username | Joined Apr 2014 | 1,312 Posts
{quote} Mmmm...he has the wrong parament settings for Semaphor true i think...
http://screencast.com/t/bE4JxpYftQ5
- #5,892
- Jul 27, 2014 12:58pm Jul 27, 2014 12:58pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} Hi Cariddi You and others mentioned here a lot about back-testing and impression created perhaps by new traders that somehow back-testing results are expected for future trades. This is a fallacy.Past performances are unique because of specific fundamentals,players evolve never to be repeated again.Past results are nullified for future results.What is more important is focusing on volatility factor and trading systems best suited for that purpose. System that generates great results in 50 ADR pairs may not perform well on 80-100 ADR pairs...
(and i don't wanna fool anybody here).It's true, past performances are unique...like the odds to get a head 100 times in row pulling a coin are the same (WHEN/IF you pull the coin in the 99th time) then the odds to get it in a one time pulling. But also, you have to agree that, being in existence methods based on statistical analisys of the past, the past HAS ITS IMPORTANCE. Moreover, if backend/proven (i know you won't like this last term) by a battery of good indicators agreement.
Also for the bold part: maybe we'll find a modification of the MD NEW system to fit that factor,given by the nature of a pair, pair by pair. You input appreciated and important to find solution to problem like the one you mentioned in bold
Just my half cent
- #5,894
- Jul 27, 2014 1:03pm Jul 27, 2014 1:03pm
- | Additional Username | Joined Apr 2014 | 1,312 Posts
{quote} Wrong. Too many dots. Try my (Eitan) suggested parameters...
ok , thx m8
=======
http://screencast.com/t/dknjW5QW
- #5,895
- Jul 27, 2014 1:07pm Jul 27, 2014 1:07pm
- Joined Feb 2012 | Status: Trader | 21,377 Posts
{quote} Oh, well, i respect your fundamental and technical analisys skilling,that i don't have at all
You mentioned G/Cad Notice inside yellow box 4h chart
Extremes moves of 200pips in erratic manner.Your indicators can all line up Green or red and be whipsawed point of entry opposite direction in excess of 100pips.
Question should be asked does any of your methods system take consideration that Price Action on this pair is erratic fast. Does your indicator's period setting best suited for G/Cad? maybe it was great on EUR/USD but not so on G/Cad
In trading, you have to be defensive and aggressive at the same time
- #5,897
- Jul 27, 2014 1:20pm Jul 27, 2014 1:20pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} I'll explain what I mean by volatility factor You mentioned G/Cad Notice inside yellow box 4h chart Extremes moves of 200pips in erratic manner.Your indicators can all line up Green or red and be whipsawed point of entry opposite direction in excess of 100pips. Question should be asked does any of your methods system take consideration that Price Action on this pair is erratic fast. Does your indicator's period setting best suited for G/Cad? maybe it was great on EUR/USD but not so on G/Cad {image}
Too techy for me, but with Eitan mathematichs and trading skills and you there would be masterpieces methods here!
Already the Eitan methods are amazing anyway, IMHO, but you know...we all tends to climb into perfection,as much as possible
- #5,898
- Jul 27, 2014 1:39pm Jul 27, 2014 1:39pm
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
when GOD brings you a challenge he also gives you the power to deal with it
- #5,900
- Jul 27, 2014 2:13pm Jul 27, 2014 2:13pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
hai guys i just was out ...give me 30 min i will show u how we can fix most prob on last edition ok?.
