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  • #81
  • Dec 12, 2014 8:46am Dec 12, 2014 8:46am
Quoting jops
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.

i don't understand your question...

but understand that i enter two different position with the first position TP at 200pips and the second position TP at 500, if my 1st TP(200pips) fails to hit, i exit both position when i get an opposite signal, on the other hand, if i gain my first TP(200pips) then i use another advance method to decide weither to stay in the trade even when i get an opposing signal. (pls grab and understand this basic method first to avoid confusion. also note that the best place for SL is below or above the adx arrow but i use an arbitary 100pips).
  • #82
  • Dec 12, 2014 8:59am Dec 12, 2014 8:59am
Quoting gerrylint
{quote} i don't understand your question... but understand that i enter two different position with the first position TP at 200pips and the second position TP at 500, if my 1st TP(200pips) fails to hit, i exit both position when i get an opposite signal, on the other hand, if i gain my first TP(200pips) then i use another advance method to decide weither to stay in the trade even when i get an opposing signal. (pls grab and understand this basic method first to avoid confusion. also note that the best place for SL is below or above the adx arrow...
thank you gerry for your reply, almost clear to me now, but can you share that advance method you are using to decide to stay or out on a position? for me i exit when it is not making new higher high or lower low. i am applying it on M15, but on D1 i think too much profit will be left on the table. thanks once again and have a nice weekend buddy.
  • #83
  • Dec 12, 2014 9:00am Dec 12, 2014 9:00am
bye for now, see you on monday.
  • #84
  • Dec 12, 2014 9:22am Dec 12, 2014 9:22am
Quoting gerrylint
{quote} 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

You are right I compared with the trenlord previously posted in this thread and it matched, but yours is different as you can see in the image below.

So everyone only use the trenlord posted by garrylint.

Both trendlords in the image are using the settings of 50.
Attached Image (click to enlarge)
Click to Enlarge Name: trendlord_comparation.png Size: 20 KB
  • #85
  • Dec 12, 2014 9:40am Dec 12, 2014 9:40am
Quoting Demos4x
{quote} You are right I compared with the trenlord previously posted in this thread and it matched, but yours is different as you can see in the image below. So everyone only use the trenlord posted by garrylint. Both trendlords in the image are using the settings of 50. {image}
how can trend lord be reliable now when its settings are the same but produces different result, comments from experts please.
  • #86
  • Dec 12, 2014 10:17am Dec 12, 2014 10:17am
Quoting jops
{quote} how can trend lord be reliable now when its settings are the same but produces different result, comments from experts please.
Different settings gives you different results. Since gerrylint has tested that input for some months then just follow the flow and test it out. Repainting or no repainting, the indicator is just there to give you visual guide and an edge in the market not an holy grail. When you are familiar with the method then you can modify the system to suit your personal sryle .Thanks.
  • #87
  • Dec 12, 2014 10:19am Dec 12, 2014 10:19am
Quoting jops
{quote} thank you gerry for your reply, almost clear to me now, but can you share that advance method you are using to decide to stay or out on a position? for me i exit when it is not making new higher high or lower low. i am applying it on M15, but on D1 i think too much profit will be left on the table. thanks once again and have a nice weekend buddy.
Hi manHow was your 15mins result?
  • #88
  • Dec 12, 2014 10:27am Dec 12, 2014 10:27am
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.
I do apologize.

happy trading.

BT
  • #89
  • Dec 12, 2014 10:34am Dec 12, 2014 10:34am
Quoting jops
{quote} how can trend lord be reliable now when its settings are the same but produces different result, comments from experts please.
Please read carefully what I wrote.
I tested two different indicators but with the same name. So to avoid confusion I made that post showing that people should use the trendlord given by gerrylint.
  • #90
  • Dec 12, 2014 1:11pm Dec 12, 2014 1:11pm
Last question brothers, before I begin a demo run with this strategy...
The Adx Arrow Paints when the previous candles open/close is exceeded by the current candle? Or something else, the high/low? and it paints when the current candle has closed?
A Positive Mind, and Positive Spirit lead to True Happiness
  • #91
  • Dec 12, 2014 6:11pm Dec 12, 2014 6:11pm
I'm frustrated with my own EAs. Very interested on this indicator which looks working well.
  • #92
  • Dec 12, 2014 8:12pm Dec 12, 2014 8:12pm
Likewise on my EAs. Looking forward to giving this a go.
  • #93
  • Dec 15, 2014 2:44am Dec 15, 2014 2:44am
  •  turnfx
  • | Joined Dec 2014 | Status: Only money management is the key of | 334 Posts
Quoting gerrylint
bye for now, see you on monday.
well it's monday can you plz uplate platform for mt4 that you are using and plz when you get the point share with ur followers by that way they took som benefits from ur experince

Br
  • #94
  • Edited Dec 16, 2014 3:25am Dec 15, 2014 9:11am | Edited Dec 16, 2014 3:25am
good day all and welcome to another beautiful day. wishing us all 'happy pip hunting'.

Looking at GU today, u can see that the previous buy signal failed and we now have a new sell (though TRENDLORD is still undecided but i have already entered my sell becos overall trend direction is down), note that i use weekly charts to determine main trend direction and it is still pointing at sell. best of luck to you all
Attached Image (click to enlarge)
Click to Enlarge Name: gu 3.jpg Size: 139 KB
  • #95
  • Dec 15, 2014 9:13am Dec 15, 2014 9:13am
Quoting Esosa
{quote} Different settings gives you different results. Since gerrylint has tested that input for some months then just follow the flow and test it out. Repainting or no repainting, the indicator is just there to give you visual guide and an edge in the market not an holy grail. When you are familiar with the method then you can modify the system to suit your personal sryle .Thanks.

yes pls i can only vouch for the indicator which i am using.
  • #96
  • Dec 15, 2014 9:25am Dec 15, 2014 9:25am
Quoting jops
{quote} thank you gerry for your reply, almost clear to me now, but can you share that advance method you are using to decide to stay or out on a position? for me i exit when it is not making new higher high or lower low. i am applying it on M15, but on D1 i think too much profit will be left on the table. thanks once again and have a nice weekend buddy.

the settings i gave you will be ridiculous on the 15min chart.
Personally, i spent the last 3 yrs learning not to trade the lower charts. in forex you should learn to leave something for the market , if not , you will over trade and blow your acount. (there are times when i have giving back 200pips or more to the market, especially wit my second position). also i tried this system on the 1&4hr chart and it was not so successful(though i was not consistent )
  • #97
  • Dec 15, 2014 9:26am Dec 15, 2014 9:26am
Quoting Demos4x
{quote} You are right I compared with the trenlord previously posted in this thread and it matched, but yours is different as you can see in the image below. So everyone only use the trenlord posted by garrylint. Both trendlords in the image are using the settings of 50. {image}

thanks for understanding
  • #98
  • Dec 15, 2014 9:35am Dec 15, 2014 9:35am
Quoting Rparm
Last question brothers, before I begin a demo run with this strategy... The Adx Arrow Paints when the previous candles open/close is exceeded by the current candle? Or something else, the high/low? and it paints when the current candle has closed?

the arrow always appears on the previous candle and will repaint if the present candle exceed the high or low of that candle. but once the present candle is closed, it will not repaint. for you to know when the adx crosses indicator might change, use the normal adx provided by mt4. hope that helps
  • #99
  • Dec 16, 2014 3:23am Dec 16, 2014 3:23am
reward of patience
Attached Image (click to enlarge)
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  • #100
  • Dec 16, 2014 2:17pm Dec 16, 2014 2:17pm
Hi Gerry,

I was surprised to see my chart looks quite different than yours, is that because I have the wrong indicators or is it because of different MT4 system times ? I installed the only two indicators posted by yourself.
Attached Image (click to enlarge)
Click to Enlarge Name: Eur-Jpy.jpg Size: 136 KB
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