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  • #7,681
  • Jul 24, 2015 10:31am Jul 24, 2015 10:31am
Quoting AJLFx
{quote} Whether this thread has veered off course, or is in a "progressive refinement" stage will depend on how the author Clive feels. Remember in the early days of trading, the common strategy was "buy-and-hold" long term. As history has revealed, many have lost their "shirt" using that strategy. "Progressive refinement" has lead to short term trading, and now "quant/algorithmic" trading. Personally I did try Clive's original method, without consistent success. Then as I continued to peruse this...
Thanks for sharing your trades and charts.
  • #7,682
  • Jul 24, 2015 10:33am Jul 24, 2015 10:33am
On my chart I use the FastTMALine indicator.

There are four(4) FastTMALine indicators on the chart:
1 min TMA
5 min TMA
15 min TMA
60 min TMA

Below shows the settings for the 1 Hour (60 min) TMA indicator.

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-07-24-11-22-13.png Size: 63 KB


All the other FastTMALine indicators use the same settings except the TrendThreshold parameter.

The TrendThreshold parameter for the 1 hour TMA is set to 0.3.
The TrendThreshold parameter all the other TMA is set to 0.5
  • #7,683
  • Jul 24, 2015 11:15am Jul 24, 2015 11:15am
trades for the day...
Attached Image (click to enlarge)
Click to Enlarge Name: uj.png Size: 55 KB

uj bought bottom band breach closed at 5 min upper 15 pips
Attached Image (click to enlarge)
Click to Enlarge Name: ucad.png Size: 55 KB

ucad bought breach of bottom band and closed at top of 5 min plus 40 pips
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.png Size: 57 KB

usdchf bought at bottom 1 hr band and closed at 15 min band 42 pips
97 pips today.
  • #7,684
  • Jul 24, 2015 12:08pm Jul 24, 2015 12:08pm
Quoting yorkshirelad
Hi everyone, this is a very nice scalp system. Managed to bank 32 pips in the morning session just got back from that minions film with my kids so will see what the rest of london and NY have to offer. Thanks to Jason for getting me going with the templates and indi's.
fantastic result....good to.see you up and running
  • #7,685
  • Jul 24, 2015 12:14pm Jul 24, 2015 12:14pm
Quoting Pipglutton
{quote} Hi Jason. I have been screening all the pairs daily and hardly find the scenario you mention. Hoe many time a day does it occur? Either I am a total idiot (which I won't dispute) or I am half blind (also a strong possibility) Again today I did 6 trades of which 5 were losses.....!
pm me and can do a skype call
  • #7,686
  • Jul 24, 2015 12:18pm Jul 24, 2015 12:18pm
Quoting OAPDave
{quote} DT I agree with everything your saying, but is this not what the Bill Williams or even the Guppy Method do or as near as dam it do, and they have been around for years and all the setting are worked out for you ?
guppy uses.mulitple miving averages.hurst uses cycles in the market....personally i like cycles...if you read the pdf (book) hurst shows you exampleseach low of inner band occured each 6weeks and outer 19wks.( daily weekly.chart)Hurst drew all his charts by hand...we have pcso for hurst on pn no settings not pre done
  • #7,687
  • Jul 24, 2015 12:32pm Jul 24, 2015 12:32pm
Quoting devontrader
{quote} just as handy148 has said...do your homework.and read the thread.clive not.long ago posted indy and tpl
eureka! Eureka!! Eureka!!!
  • #7,688
  • Jul 24, 2015 12:35pm Jul 24, 2015 12:35pm
Quoting jaylukmann
{quote} eureka! Eureka!! Eureka!!!
??????
  • #7,689
  • Jul 24, 2015 12:42pm Jul 24, 2015 12:42pm
Quoting devontrader
{quote} ??????
I FOUND IT! I FOUND IT!! I FOUND IT!!! ......I mean the meta editor of the custom indicators
  • #7,690
  • Jul 24, 2015 12:48pm Jul 24, 2015 12:48pm
Quoting devontrader
{quote} guppy uses.mulitple miving averages.hurst uses cycles in the market....personally i like cycles...if you read the pdf (book) hurst shows you exampleseach low of inner band occured each 6weeks and outer 19wks.( daily weekly.chart)Hurst drew all his charts by hand...we have pcso for hurst on pn no settings not pre done
You know GUPPY? That's a very good indicator that works. The condition is to be online when the formation occur and enter at the right time,watch the MAs as they converge again in order to leave the market at the right time.
  • #7,691
  • Jul 24, 2015 1:00pm Jul 24, 2015 1:00pm
Quoting jaylukmann
{quote} I FOUND IT! I FOUND IT!! I FOUND IT!!! ......I mean the meta editor of the custom indicators
are you a coder
  • #7,692
  • Jul 24, 2015 3:08pm Jul 24, 2015 3:08pm
Quoting XxLessoxX
trades for the day... {image} uj bought bottom band breach closed at 5 min upper 15 pips {image} ucad bought breach of bottom band and closed at top of 5 min plus 40 pips {image} usdchf bought at bottom 1 hr band and closed at 15 min band 42 pips 97 pips today.

Don't know if anyone at FF has taken the name "PipMonster" ... but looks like today that was you.

I am hoping that you had your "recovery" strategy already prepared in case things went sour.

I tend not to trade much on Fridays ... so hats off to you!!!
  • #7,693
  • Jul 24, 2015 3:36pm Jul 24, 2015 3:36pm
Quoting AJLFx
{quote} Don't know if anyone at FF has taken the name "PipMonster" ... but looks like today that was you. I am hoping that you had your "recovery" strategy already prepared in case things went sour. I tend not to trade much on Fridays ... so hats off to you!!!
Recovery was in place but not needed today. I only trade early on Fridays usually.
  • #7,694
  • Jul 24, 2015 4:35pm Jul 24, 2015 4:35pm
Quoting devontrader
{quote} are you a coder
Nat a coder yet but reading hard to be an excellent one at that. Any material to help?
  • #7,695
  • Jul 25, 2015 4:22am Jul 25, 2015 4:22am
Hey Guys,

This certainly seems like a decent system for the obvious reasons.
I'm a newbie.. been sitting on the sidelines trying to get a feel of this market. I must admit I have learnt a great deal from FF.
I was recently made redundant and with too much spare time, I some how ended up on FF.

I must admit, I have not read every single post on this thread but have gone through a fair bit of it. I understand what Clive has shown from the beginning. Hopped through the pages and read through the main developments and updates. The most recent carnation is a beauty and greatly appreciated.

I'm a little confused with why some of the more senior/experienced guys here are not taking the signals generated by the SuperIndy.
I mean, what I am really asking is, can someone tell me why it would not be wise to take the buy or sell arrow signals, take your pips at a comfortable level or at the next opposite signal?

Regards
Nonibadsha
Attached Image (click to enlarge)
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  • #7,696
  • Jul 25, 2015 8:16am Jul 25, 2015 8:16am
Quoting AJLFx
On my chart I use the FastTMALine indicator. There are four(4) FastTMALine indicators on the chart: 1 min TMA 5 min TMA 15 min TMA 60 min TMA Below shows the settings for the 1 Hour (60 min) TMA indicator. {image} All the other FastTMALine indicators use the same settings except the TrendThreshold parameter. The TrendThreshold parameter for the 1 hour TMA is set to 0.3. The TrendThreshold parameter all the other TMA is set to 0.5
any reason why threahold.is set and not put to 0
  • #7,697
  • Jul 25, 2015 9:15am Jul 25, 2015 9:15am
Quoting jaylukmann
{quote} Nat a coder yet but reading hard to be an excellent one at that. Any material to help?
I would strongly recommend this book "Easy Automated Trading: Simplified coding for metatrader 4 " written by my good friend Ted Munroe who has coded many of the indicators that I use, he has written this very simple to understand book...

heres a link to the book...

http://www.amazon.co.uk/Easy-Automat...r+munroe+forex

Hope that helps...
Feel the Fear and do it anyway!!!
  • #7,698
  • Jul 25, 2015 9:37am Jul 25, 2015 9:37am
Quoting clivepackham
{quote} I would strongly recommend this book "Easy Automated Trading: Simplified coding for metatrader 4 " written by my good friend Ted Munroe who has coded many of the indicators that I use, he has written this very simple to understand book... heres a link to the book... http://www.amazon.co.uk/Easy-Automat...r+munroe+forex...
could ted do us a dash??Im thinking of have m1 and m5 may m15 too get 1 and 5 to signal same its a start to enter...then traders can trade longest tf they want
  • #7,699
  • Jul 25, 2015 9:44am Jul 25, 2015 9:44am
Quoting clivepackham
{quote} I would strongly recommend this book "Easy Automated Trading: Simplified coding for metatrader 4 " written by my good friend Ted Munroe who has coded many of the indicators that I use, he has written this very simple to understand book... heres a link to the book... http://www.amazon.co.uk/Easy-Automat...r+munroe+forex...
is it only on kindle? Dont have kindle
  • #7,700
  • Jul 25, 2015 10:14am Jul 25, 2015 10:14am
CLIVES AND DEVONTRADER,Thank you both for your advice and guide,i will check the link to the book now.
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