Hi guys i think the owner of this thread or some forum moderator should tidy this thread up and put all relavant and latest information at the first post of the first page , this is to prevent people from asking questions and questions over and over again , its just editing the first post , it isnt that difficult right ? please ! Thank you !
- #6,462
- Aug 20, 2014 1:22pm Aug 20, 2014 1:22pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
Hi guys i think the owner of this thread or some forum moderator should tidy this thread up and put all relavant and latest information at the first post of the first page , this is to prevent people from asking questions and questions over and over again , its just editing the first post , it isnt that difficult right ? please ! Thank you !
I try for what possible to catch up with questions and updates, but me too, not always available (and anyway my time too is valuable).
Well, all above said while there is the obvious rollercoaster of market manipulation while the FOMC kicks, i make here an announcment (asked and authorized by Eitan; he will pop up here later to confirm that
): i collaborate with him since a while and he authorized me to publish a new method, that i studied a bit combining some things already in place in some of his other systems (also thank you to member "pending" for helping me to fix well the circle of ideas in my little old brain,that i was already brainstorming since a while) . Not many BT done (no time..i will leave that to you, folks), but really it seems a good enhancements to actual things.... it is a kind of MTS + MS + SMRI, working in multi-timeframe and good (it seems..BT to be done) both in trending and non trending market (so MTS & MS features on steroid, in essence,with good filtering of bad trades) and with good safeness and good number of trades (BT to confirm needed as already said).Stay tuned...in few minutes (or hours) i will drop the bomb
(or at least, the first part of it).
- #6,465
- Aug 20, 2014 2:19pm Aug 20, 2014 2:19pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} It's not that simple man.. Eitan published various methods and his creative/mathematical mind never stops...always in action studying new things. Also he is very busy (and his right arm Vigo, too) in offline life, so, not much time to keep all in order. I try for what possible to catch up with questions and updates, but me too, not always available (and anyway my time too is valuable). Well, all above said while there is the obvious rollercoaster of market manipulation while the FOMC kicks, i make here an announcment (asked and authorized...
First screenshot here with some notes about indicators (there will be also another indicator to add afterwards..for now just a "first look"). Rules coming in a while.
- #6,466
- Aug 20, 2014 2:37pm Aug 20, 2014 2:37pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} First screenshot here with some notes about indicators (there will be also another indicator to add afterwards..for now just a "first look"). Rules coming in a while.
A- The 2 stochastic
B- THE CCI
C- The TREND indi
Also:
D- if we wanna trading also SMRI trades (or having some confirmation, or bypassing some rules that i will explain), also the Exclusive MTF_RSI and Nihilist ADX,and GMTS tape (first brick if possible) ,are, of course, important
{quote} First screenshot here with some notes about indicators (there will be also another indicator to add afterwards..for now just a "first look"). Rules coming in a while.
Congrats carridi74 it looks like you put a lot of work into that system.Also big thanks to eitan1010 for your hard work and dedication. You have
inspired me too to have a go at building my own trading system. It is fun!
- #6,468
- Edited 3:28pm Aug 20, 2014 3:07pm | Edited 3:28pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} We put our attention MAINLY on the first 3 indi's windows: A- The 2 stochastic B- THE CCI C- The TREND indi Also: D- if we wanna trading also SMRI trades (or having some confirmation, or bypassing some rules that i will explain), also the Exclusive MTF_RSI and Nihilist ADX,and GMTS tape (first brick if possible) ,are, of course, important
First set of rules ...then there are tricks and notes to do better, but for starting this are the basic. The entries always at the CLOSE of the candle.
I HAVE NOT PUBLISHED THE TEMPLATE RIGHT NOW, BUT IF SOMEONE ENTREPRENEURS IS TRYING TO DO IT BY HIM/HERSELF, I HIGHTLY SUGGEST HIM/HER TO WAIT, UNTIL ALL PUBLISHED, INCLUDED SOME CRITERIA FOR SL & TP....OTHERWISE IS LIKE DRIVING A FERRARI IN A DARK ROAD AND WHITE LIGHTS OFF!
1- we want to see one of the 2 stochastic (8,1,1 = Purple - 21,1,1 = acqua) going in HOT zone ,making a FULL CYCLE..and possibly pointing UP (for a BUY) or DOWN (for a SELL).
Sometimes it happens at the same time for the 2 stoch.. other times don't. One of the 2 is enough.
2- we want TREND indi in agreement (a.k.a red line above for a SELL or acqua line above for BUY)...and pointing UP (not flat or down).
3- we want to see the CCI34 making AT LEAST an HALF CYCLE (from median line to above hot UP zone, or from median line to below the hot DOWN zone),better if full cycle, but half cycle is ok (more trades) IF TREND INDI in point (2) has passed the 0.004 level (0.4 for Japs pairs) .Also pointing it to our direction of the trade, is better.
4- we don't want yellow dot above the candle (for a BUY) or below the candle (for a SELL)
5- (Optional) SMRI conditions (GMTS tape, the 3 ADX bricks and EXclusive MTF RSI in agreement), all fullfilled.
If those rules in place we can enter the trade (aftwerward we will talk about SL and TP...also keep in mind: if TP it will result to be too near our point of possible entry, better do not take the trade). I will post asap an example....
- #6,469
- Aug 20, 2014 3:24pm Aug 20, 2014 3:24pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} First set of rules ...then there are tricks and notes to do better, but for starting this are the basic. The entries always at the CLOSE of the candle. I HAVE NOT PUBLISHED THE TEMPLATE RIGHT NOW, BUT IF SOMEONE ENTREPRENEURS IS TRYING TO DO IT BY HIM/HERSELF, I HIGHTLY SUGGEST HIM/HER TO WAIT, UNTIL ALL PUBLISHED, INCLUDED SOME CRITERIA FOR SL & TP....OTHERWISE IS LIKE DRIVING A FERRARI IN A DARK ROAD AND WHITE LIGHTS OFF! 1- we want to see one of the 2 stochastic (8,1,1 = Purple - 21,1,1 = acqua) going in HOT zone ,making a FULL CYCLE....
Ok here's the example...the candle is not yest closed, but fo the sake of learning let say that in 40 minutes, when the 4H candle will close, always will stay frozen as per now, ok? ( I have already taken the trade beofre closing of this candle, but for other reasons)
P.S.
member "Funwith4ex"...do you see how this system would have filtered the nasty MTS GJ SHORT, you took yesterday?
- #6,470
- Aug 20, 2014 3:38pm Aug 20, 2014 3:38pm
- | Membership Revoked | Joined Jun 2011 | 4,778 Posts
when GOD brings you a challenge he also gives you the power to deal with it
- #6,472
- Aug 20, 2014 3:59pm Aug 20, 2014 3:59pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote}
- #6,473
- Aug 20, 2014 4:06pm Aug 20, 2014 4:06pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} Cariddi for your special mention I sincerely thank you, it is my privileged to be part of this thread and I am happy that I can add some small value. I will read on with interest! "Team Eitan you are very smart!!!
Go on so!Eitan is always a fountain of inspiration... the people here are lucky...many neither realized, but they are...and if they will put passion and perseverance (and a touch of creativity,like you) , well i think time will repay all our efforts through great satisfactions in trading the forex market
- #6,474
- Aug 20, 2014 4:16pm Aug 20, 2014 4:16pm
- | Membership Revoked | Joined May 2009 | 1,419 Posts
{quote} Ok here's the example...the candle is not yest closed, but fo the sake of learning let say that in 40 minutes, when the 4H candle will close, always will stay frozen as per now, ok? ( I have already taken the trade beofre closing of this candle, but for other reasons)
In the meantime, skilled members (i mean in regards Eitan systems), can start doing BT and experimenting.
Consider that, as previously said, actually in my explanation is missing the part about SL & TP (very important also cause, it helps not taking dangerous/no good ratio trades).
So if you wanna to start testing right now, cause cannot wait (patienceeee!
) for everything, well do it in a safe way!BTW i think it will work on any decently volatile pair (i avoid for example always EU/CHF in timeframes less than D1...it's really a NO mMOVING pair!).
Also i named it -US- (Unification system). I hope Eitan will like it and not being too pretentious to give such a name ahah
