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easy & boring system

  • #41
  • Dec 11, 2014 3:15am Dec 11, 2014 3:15am
For many persons trying to cause problem on in this thread, need i remind you that you are not the creator of thread. The creator and owner have the right to post or air his method whichever way he chooses. Dont come to his thread and post whatever you like.

There are hundreds of threads and method on this forum, so if you are not okay with the thread just pass by and visit other threads or method instead of causing problems and rift discouraging others to follow. He posted a method, find ways to optimise the entry and exits or finetunning the method to your own personality and do not find faults or judge him. He is not the God of forex. If you do not understand any part ask good questions or contribute constructvely to the sytem and not destructively.
  • #42
  • Dec 11, 2014 3:22am Dec 11, 2014 3:22am
Quoting gerrylint
hi all, forex trading is easy but the mental part is difficult. i will show you a method that can rake in the profits but it is very... very... veeeeeery... boring. sometimes you have less than 5 trades for a whole month with a maximum stoploss of 100pips or less. One major drawback of this system is that "you have to monitor your position round the clock". i use daily charts only. basically i use two indicators and they both have to match for a signal to be valid. i will show you some graphs... {image}
Can it be applied to 1hr and 4hr chart?

What are your settings for the two indicators?
  • #43
  • Dec 11, 2014 3:47am Dec 11, 2014 3:47am
The indicator of "Trend Lord" is so amazing ! What's the principal?
  • #44
  • Dec 11, 2014 4:02am Dec 11, 2014 4:02am
Quoting Esosa
For many persons trying to cause problem on in this thread, need i remind you that you are not the creator of thread. The creator and owner have the right to post or air his method whichever way he chooses. Dont come to his thread and post whatever you like. There are hundreds of threads and method on this forum, so if you are not okay with the thread just pass by and visit other threads or method instead of causing problems and rift discouraging others to follow. He posted a method, find ways to optimise the entry and exits or finetunning the method...
  • #45
  • Dec 11, 2014 4:42am Dec 11, 2014 4:42am
Quoting Fbird
{quote} Every trend system will suffer during consolidation period. This one shows aceptable results for such difficult trading period as EUGBP if you exit on reverse ADX signal: {image} Don't understand why everybody is talking of scam. These indies are free, just took me 2 minutes to find them using google. Thanks for sharing Gerry. Find that very interesting. {file}{file}

i would have kiss you, but i dont know where to find you. so i will just say "tanks for understanding"
  • #46
  • Dec 11, 2014 4:54am Dec 11, 2014 4:54am
Quoting fredgold3434
Hi gerrylint is there any specific reason you use this system on only 2 pairs? did you try on other pairs and did not work well? thanks fred

as i explained earlier, in ranging markets (pairs), your losses are small but you also get only small profit, and i don't like small profits. if you watch the E/J chart on my first post you will notice that it covers the first six months of this year and the ride was not so smooth but you will have made some descent profit
  • #47
  • Dec 11, 2014 5:05am Dec 11, 2014 5:05am
Quoting Esosa
For many persons trying to cause problem on in this thread, need i remind you that you are not the creator of thread. The creator and owner have the right to post or air his method whichever way he chooses. Dont come to his thread and post whatever you like. There are hundreds of threads and method on this forum, so if you are not okay with the thread just pass by and visit other threads or method instead of causing problems and rift discouraging others to follow. He posted a method, find ways to optimise the entry and exits or finetunning the method...

just what i have in mind. tanks
yes you can use 1&4hr charts but profitability decrease.
  • #48
  • Edited 6:13am Dec 11, 2014 6:02am | Edited 6:13am
I know many people are wondering what my aims are for this thread, so let me clarify you;

* i did not start this thread bcos i am a philanthropist!
* i did not start this thread bcos i need your money!

i started this thread bcos i need a 'core-group' of two or three disciplined traders (both experienced or new) from different time zones to associate with, people who can help me install discipline in my trading (something which i presently lack). i need people who like the system and are completely dedicated to it, then we can share the monitoring of charts and inform one another when a signal is confirmed, but the most important benefit will be the mental advantage of working together for a common purpose. (i will like to mention here that i am a full time fx trader presently living in west Africa (NIGERIA) GMT+1. pls i am a slow typist and it is tiring, so later i wil explain why i like monitoring my charts 'round the clock'.

before going, i will like to list the advantages of my system
1) trend following
2) few entry which translate to few losses especially when you encounter a lossing streak
3) huge profit potential if you are disciplined and patient
4) low initial STOPLOSS, 100pips or lower

like everything in life , there are disadvantages ...

post later, and tanks for reading
  • #49
  • Dec 11, 2014 6:05am Dec 11, 2014 6:05am
Quoting gerrylint
{quote} just what i have in mind. tanks yes you can use 1&4hr charts but profitability decrease.
Thanks for your reply. Just want to quickly chip this in, I have seen lots of thread starts like this and with simple approach which patience and further test will enhance. But as the thread progresses many persons cloud it with indicators and unnecessary addons then making it a rocket science. Too many indcators and complexity kills any system. Further back test and forward test is required since the indicators does not repaint and any good input and development will be welcomed.
  • #50
  • Dec 11, 2014 6:25am Dec 11, 2014 6:25am
Quoting gerrylint
I know many people are wondering what my aims are for this thread, so let me clarify you; * i did not start this thread bcos i am a philanthropist! * i did not start this thread bcos i need your money! i started this thread bcos i need a 'core-group' of two or three disciplined traders (both experienced or new) from different time zones to associate with, people who can help me install discipline in my trading (something which i presently lack). i need people who like the system and are completely dedicated to it, then we can share the monitoring...
My guy hw far, just discovered you are my fellow naija. Its good to see you around and hope to share things in common regarding trading.Welldone bro.Count me in in this thread. Hope to see more of your posts.
  • #51
  • Dec 11, 2014 8:00am Dec 11, 2014 8:00am
i finally got my trade but its not looking 'Rossy...'
Attached Image (click to enlarge)
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  • #52
  • Dec 11, 2014 8:40am Dec 11, 2014 8:40am
Quoting gerrylint
i finally got my trade but its not looking 'Rossy...' {image}
Boat set sail, let's see how it pans out.
  • #53
  • Dec 11, 2014 9:09am Dec 11, 2014 9:09am
@gerrylint and followers

Everyone is guessing, nobody knows exactley what gerrylint is doing.
Let him explain.
Let him upload the indicators.
Let him tell the parameters he is using.
Let him time to show and upload what he is trading.
Let him tell to show when to take profit or to rise the stop?

Thanks anyway.
  • #54
  • Dec 11, 2014 9:25am Dec 11, 2014 9:25am
Dear gerrylint,

Thank you so much for ther info you are sharing, but whenever you have the time please let us know the settings on your TrendLord, how do you set the parameters, where do you get the values from?

Thank you
  • #55
  • Dec 11, 2014 10:01am Dec 11, 2014 10:01am
pls i try and give you my settings tomorrow, i am just adverse to long typing.
  • #56
  • Dec 11, 2014 12:01pm Dec 11, 2014 12:01pm
Quoting gerrylint
I know many people are wondering what my aims are for this thread, so let me clarify you; * i did not start this thread bcos i am a philanthropist! * i did not start this thread bcos i need your money! i started this thread bcos i need a 'core-group' of two or three disciplined traders (both experienced or new) from different time zones to associate with, people who can help me install discipline in my trading (something which i presently lack). i need people who like the system and are completely dedicated to it, then we can share the monitoring...
Hi Gerrylint,
Thanks for sharing your laudable system. If you are looking for like-minded traders to work with in order to take this pet project further, you've got to download the exact indicators you use together with the applicable parameters/settings. All parties contributing to this project must have common basis for making analysis. If we all use indicators with different parameters, working together for a common purpose will be quite impossible. I do believe you will agree with me and do the needful. There are many good traders on this forum that can provide useful and insightful input and be willing to work together with you to accomplish your goal for starting this thread.
Wishing you the very best of luck in your trading.
  • #57
  • Dec 11, 2014 4:08pm Dec 11, 2014 4:08pm
Trade successful!!!! Good Job Gerrylint!!
Attached Image (click to enlarge)
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  • #58
  • Dec 12, 2014 12:51am Dec 12, 2014 12:51am
If someone could confirm that the indicator in this thread repaints or not that would be great

To my knowledge the ADX indicator in this thread repaints... here is one that doesn't repaint and it gives drastically different results


http://www.forexfactory.com/showthread.php?t=318539
A Positive Mind, and Positive Spirit lead to True Happiness
  • #59
  • Dec 12, 2014 1:55am Dec 12, 2014 1:55am
Quoting Rparm
If someone could confirm that the indicator in this thread repaints or not that would be great To my knowledge the ADX indicator in this thread repaints... here is one that doesn't repaint and it gives drastically different results http://www.forexfactory.com/showthread.php?t=318539
Hi my friend
Any Indicator repaint within the candle but other repaint after two or three candles
from looking to your indicator I think it is not repainting after candle close
also You can test it in 1m (1 minute chart)
from my view you can also benefit from any repaint indicator (as any signal come from repaint indicator indicate of weakness of the previous move )
I'm not a programmer and i don't like ! , but only I try to catch my view !
  • #60
  • Dec 12, 2014 2:23am Dec 12, 2014 2:23am
Quoting Rparm
If someone could confirm that the indicator in this thread repaints or not that would be great To my knowledge the ADX indicator in this thread repaints... here is one that doesn't repaint and it gives drastically different results http://www.forexfactory.com/showthread.php?t=318539
By different result do you mean negatively or positively?
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