easy & boring system | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Boring System 6 replies

ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies

An Easy System (With the help of ES Trader - Another Simple System) 13 replies

The Really Really Boring Forex System 97 replies

Just another boring martingale system that is headed towards doom 12 replies

Attachments: easy & boring system
Exit Attachments

easy & boring system

  • #61
  • Dec 12, 2014 3:36am Dec 12, 2014 3:36am
Quoting Sasco_me
{quote} 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 )
Take note that the indicators on this thread were provided by other spirited individuals and not the creator himself. Until the creator of this thread provides us with the exact indicators he uses and their settings, no objective conclusion can be reached as to the reliability of the indicators, and even the workability of the system as a whole.
  • #62
  • Edited 4:07am Dec 12, 2014 3:56am | Edited 4:07am
Let me note for all of you that the thread is under journal section now. It is not in the systems and as so should be considered as a diary only.

For my fallen angels.
  • #63
  • Dec 12, 2014 4:05am Dec 12, 2014 4:05am
Quoting ola08
{quote} Take note that the indicators on this thread were provided by other spirited individuals and not the creator himself. Until the creator of this thread provides us with the exact indicators he uses and their settings, no objective conclusion can be reached as to the reliability of the indicators, and even the workability of the system as a whole.
That makes sense alot. Lets wait for the creator to unleash his full system.
  • #64
  • Dec 12, 2014 4:42am Dec 12, 2014 4:42am
Quoting Big_A
Let me note for all of you that the thread is under journal section now. It is not in the systems and as so should be considered as a diary only.
well done. 4 pages down the road and we are still waiting for his magic to come out.
  • #65
  • Edited 5:53am Dec 12, 2014 4:44am | Edited 5:53am
A very good morning to you all, i will want to say tanks for all your replies especially the encouraging replies.

AIM
*My system aims at catching a trend at the early stage and riding it to the maximum while reducing risk.
it reduces risk by 2 ways; first you get very few trades thereby limiting your exposure to the market (any
experience trader will tell you that over trading is the worst ''money killer' in forex), secondly, by entering early,
your initial risk (stoploss) is greatly reduced. thus even if price turns against you, you only loss a fraction of you risked amount (especially in ranging market).

INDICATORS
*ADX CROSSES 7
TREND LORD 6

CHARTS
*Daily charts (for now)

CRITICAL CHARACTERISTIC OF INDICATOR
*ADX indicator does not repaints once the candle is closed, but might repaint if the candle has not close.
-a signal (red or blue arrow) appears only when the high of the previous day is exceeded.

*TREND LORD repaints especially with the low setting which i am using, thus the need for the two to match before pulling the trigger.( i consider it a justifiable
risk)

REASON FOR CONSTANT MONITORING
*the signals can appear at anytime and so waiting for the day to close might increase ur SL

METHOd
*enter two trades TP =200 & 500
SL =100pips each
*move to break even once i hit the first target. (system is best with trenders liKE GU, EJ & AU)
I know the word 'TRENDERS' is not in the dictionary, but... wat d hell!!!

THANKS
Attached File(s)
File Type: mq4 ADXcrosses-signals.mq4   3 KB | 523 downloads
File Type: ex4 TrendLord.ex4   4 KB | 486 downloads
  • #66
  • Dec 12, 2014 5:10am Dec 12, 2014 5:10am
Quoting BataviaTrade
{quote} well done. 4 pages down the road and we are still waiting for his magic to come out.

Which part of my notice is not clear for you? This is journal section. Thread OP doesn't claim anything or is obliged to explain to you.
For my fallen angels.
  • #67
  • Dec 12, 2014 5:29am Dec 12, 2014 5:29am
Quoting ola08
{quote} 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...
  • #68
  • Dec 12, 2014 5:30am Dec 12, 2014 5:30am
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
adx does not but trendlord does
  • #69
  • Dec 12, 2014 5:36am Dec 12, 2014 5:36am
lets see how this pans out but believe when i say it might take some time. best of luck

(i only show my 'study charts', trades are entered elsewhere)
Attached Image (click to enlarge)
Click to Enlarge Name: ej 2.jpg Size: 165 KB
  • #70
  • Dec 12, 2014 5:47am Dec 12, 2014 5:47am
Quoting alvaro2110
Trade successful!!!! Good Job Gerrylint!! {image}

no, all we have is a successful entry, bcos the trade can turn around anytime.
  • #71
  • Dec 12, 2014 6:08am Dec 12, 2014 6:08am
Quoting BataviaTrade
{quote} well done. 4 pages down the road and we are still waiting for his magic to come out.

Sorry for keeping you waiting 'sleeping beauty' but if you were not so LAZY to read, you might have noticed that i was busy wondering why negative minded people like you bother with my thread..., but that's in past, so just go to the first page and read the system so you might have enough time to condemn other people's HARD WORK.
  • #72
  • Dec 12, 2014 6:12am Dec 12, 2014 6:12am
Quoting gerrylint
INDICATORS *ADX CROSSES 7 TREND LORD 6 CHARTS {file} {file}
Morning,
Impossible to put your, (this) Trend Lord at 6 !

thanks
jf
  • #73
  • Dec 12, 2014 6:49am Dec 12, 2014 6:49am
Quoting mladen

Quote
So called "Trend lord" is nothing but a Hull moving average made to be drawn as a histogram in a separate window (and it will even repaint in some cases...

So if you guys want a non repainting trend lord use the indicator and change the HMAPeriod to 6

It also has alerts for when it changes the colors.

Hope it helps.
Attached File(s)
File Type: mq4 Hull moving average 2.0-Histo nmc.mq4   6 KB | 543 downloads
  • #74
  • Dec 12, 2014 7:00am Dec 12, 2014 7:00am
Quoting Demos4x
Hope it helps. {file}
Yes !
Thanks a lot
jf
  • #75
  • Dec 12, 2014 7:20am Dec 12, 2014 7:20am
Quoting gerrylint
A very good morning to you all, i will want to say tanks for all your replies especially the encouraging replies. AIM *My system aims at catching a trend at the early stage and riding it to the maximum while reducing risk. it reduces risk by 2 ways; first you get very few trades thereby limiting your exposure to the market (any experience trader will tell you that over trading is the worst ''money killer' in forex), secondly, by entering early, your initial risk (stoploss) is greatly reduced. thus even if price turns against you, you only loss a...
Thanks for your work.

Its been long you have been using this system?
  • #76
  • Dec 12, 2014 7:58am Dec 12, 2014 7:58am
Quoting Demos4x
Quoting mladen {quote} So if you guys want a non repainting trend lord use the indicator and change the HMAPeriod to 6 It also has alerts for when it changes the colors. Hope it helps. {file}

tanks, i wil try your indicator.
  • #77
  • Dec 12, 2014 8:00am Dec 12, 2014 8:00am
Quoting Esosa
{quote} Thanks for your work. Its been long you have been using this system?

about six month in totality, but i started with adx before later including trend lord
  • #78
  • Dec 12, 2014 8:10am Dec 12, 2014 8:10am
hi gerry, how do you decide to exit if the direction go opposite as what you are expecting? you just let your 100pips taken out? what is the sign that its time to take profit, TP 1 or the next TP? appreciate much your system, thanks in advance to your answer.
  • #79
  • Dec 12, 2014 8:21am Dec 12, 2014 8:21am
Quoting Demos4x
Quoting mladen {quote} So if you guys want a non repainting trend lord use the indicator and change the HMAPeriod to 6 It also has alerts for when it changes the colors. Hope it helps. {file}

sorry my friend but i just tested your indicator and it is very different from mine, so to prevent confusion, i will delete it. but tanks for you effort
  • #80
  • Dec 12, 2014 8:23am Dec 12, 2014 8:23am
Quoting gerrylint
{quote} Sorry for keeping you waiting 'sleeping beauty' but if you were not so LAZY to read, you might have noticed that i was busy wondering why negative minded people like you bother with my thread..., but that's in past, so just go to the first page and read the system so you might have enough time to condemn other people's HARD WORK.

Please Keep On Doing What Your are DOING!!
0 traders viewing now