Price Action Trading with Indicators! The Freebie System | Page 346 | Forex Factory

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Price Action Trading with Indicators! The Freebie System

  • #6,901
  • Dec 9, 2015 12:35pm Dec 9, 2015 12:35pm
Quoting Checkz
Ok I downloaded a GMT+5 Platform here's my chart we should be on the same wavelength now. {image}
Oh boy, I forgot that you were doing it live. Hey, what was the other Oanda account called? I would like to try that and make sure that it also works for that open time.

Tell me one thing, from your observation, has the indi been showing consistently signal arrows that meet the conditions? Let me know...
Jess
Our AWESOME IMAGINATION is the true holy grail!
  • #6,902
  • Dec 9, 2015 12:40pm Dec 9, 2015 12:40pm
Quoting bhaskaruni
{quote} .... select the Trend based on timeframe for Stochastic indicator. ...
bhaskaruni: That's a great idea for upperTrend Detection. Question, which upper TF bar do u use to determine upperTrend from the Stoch Indicator? Do you use the current bar? Or do you use the previous bar. If you use the previous bar then that would ensure that the stoch crossing will NOT change. Now that is something that may add a lot of stability to the upperTrend determination. Otherwise you may not know what happens with the stoch crossing until the current upper Trend bar is closed.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,903
  • Dec 9, 2015 12:43pm Dec 9, 2015 12:43pm
Quoting xmess7
{quote} Oh boy, I forgot that you were doing it live. Hey, what was the other Oanda account called? I would like to try that and make sure that it also works for that open time. Tell me one thing, from your observation, has the indi been showing consistently signal arrows that meet the conditions? Let me know... Jess
The Aud/Usd just show a signal but I don't understand why it didn't show one on the Eur/Usd
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  • #6,904
  • Dec 9, 2015 1:00pm Dec 9, 2015 1:00pm
Here are my results for the day so far:
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  • #6,905
  • Dec 9, 2015 1:46pm Dec 9, 2015 1:46pm
Quoting xmess7
{quote} Which broker is this fabio?
oups once again, against the signal...... (((((
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  • #6,906
  • Dec 9, 2015 2:16pm Dec 9, 2015 2:16pm
Quoting fabio.g
{quote} oups once again, against the signal...... ((((( {image}
That is a bummer, happens to with USDJPY, seems like in the morning before NY open.
  • #6,907
  • Dec 9, 2015 2:25pm Dec 9, 2015 2:25pm
Quoting keysharp
{quote} That is a bummer, happens to with USDJPY, seems like in the morning before NY open.
i am sure it will get fixed......lets big it up for the developer....
  • #6,908
  • Dec 9, 2015 4:14pm Dec 9, 2015 4:14pm
Quoting fabio.g
{quote} oups once again, against the signal...... ((((( {image}
Yep I see the same issue on my fxpro. But I see the answe lol. Its right in front of our eyes lol. As soon as I get home I will program it up and publish it.. Stay tuned
Our AWESOME IMAGINATION is the true holy grail!
  • #6,909
  • Dec 9, 2015 4:19pm Dec 9, 2015 4:19pm
Quoting xmess7
{quote} Yep I see the same issue on my fxpro. But I see the answe lol. Its right in front of our eyes lol. As soon as I get home I will program it up and publish it.. Stay tuned
As i said, put your hands together for the developer.......
  • #6,910
  • Dec 9, 2015 4:23pm Dec 9, 2015 4:23pm
Quoting Checkz
{quote} The Aud/Usd just show a signal but I don't understand why it didn't show one on the Eur/Usd {image} {image}
No indicator arrow on audusd too. That means the indicator saw the same thing the EA did, in this case nothing. Hmmm. What does the exoert tab show for that time? Probably nothing. Right? Checkz have u had a multiplr trade yet? Like two open trades of different symbols open at the same time? Hmmm. Don't have acces at the moment. When I get home I'll look into it .
Our AWESOME IMAGINATION is the true holy grail!
  • #6,911
  • Dec 9, 2015 4:53pm Dec 9, 2015 4:53pm
Quoting bhaskaruni
{quote} {file}
sorry didn t see your post till now, myfxbook:
https://www.myfxbook.com/members/fabiogeraci/bhaskaruniea/1448309
https://www.myfxbook.com/portfolio/bhaskaruniea/1448309
  • #6,912
  • Edited 9:52pm Dec 9, 2015 9:41pm | Edited 9:52pm
The EA took this trade on the Eur/Usd with the info at the bottom. Is anybody using the daily average for tp?
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  • #6,913
  • Dec 9, 2015 11:02pm Dec 9, 2015 11:02pm
Quoting Checkz
{quote} The Aud/Usd just show a signal but I don't understand why it didn't show one on the Eur/Usd {image} {image}
Checkz: I found out why there was no EURUSD short trade. I got the same thing on my Oanda account. It has to do with how the candle failed didn't fail the pivot point.

In order for the candle to fail the pivot point it has to CLOSE below the pivot level (close above for long conditions). In the case that u highlighted that candle was an HA RED with a top 3semafor less than 4 bars away, and the STOCH cross down BUT that candle did not close BELOW the pivot. What u see is the LOW below the pivot. So no trade.

Again, this is similar to what we had with the way the stoch crosses, in that there are conditions on the rules of page 1. Once I get the FXPRO thing fixed (it's taking trades in the opposite) I plan to show a video of all the conditions and indicate exactly what is happening, so we can decide what to keep or change.

Hope this makes sense. It's really simple but it can be deceiving.
Our AWESOME IMAGINATION is the true holy grail!
  • #6,914
  • Dec 9, 2015 11:09pm Dec 9, 2015 11:09pm
Quoting Checkz
The EA took this trade on the Eur/Usd with the info at the bottom. Is anybody using the daily average for tp? {image}
According to the debug messages it met all the rules for a long trade. Are u trying the daily average level as a TP? Having problems? Let me know.

I'm going to get all u guys fixed up!!!! On Jan I go live with this. So far the forward testing is very promising, if it wasn't for the errors the results would be even more solid, but even with that they are great. Around 12% on just under two weeks with this EA is real kewl. A couple of more weeks of solid trading and this thing is gogin live.

In the final version I will be adding a mm condition that you can use. You will be able to set a Profit level for the week if you choose to. Once that profit level is hit... the EA stops for the week.

Hang in there....
Our AWESOME IMAGINATION is the true holy grail!
  • #6,915
  • Dec 10, 2015 1:09am Dec 10, 2015 1:09am
Quoting fabio.g
{quote} oups once again, against the signal...... ((((( {image}
I haven't programmed the new one yet. But using the debug EA (vOANDA) See the chart below. On the chart you see a NO Trade on AUDUSD. Based on the debug print statements all conditions were met, however since I had test Trade Against Average Range on YES, the EA saw the entry was too close to the high Daily Average and didn't take a trade. I went ahead and changed the input settings to not care about autotrend, Daily Average, etc so we can see more signals and test if it is doing the correct thing. So for this time it the found the right signal and it would of taken the trade in the expected direction. You can confirm the Time, HA candle color, upperTrend, semaDot value (which was not there when I took picture) and all that stuff in the print statements. In included the Master Controller indicator which shows the high and low average range values. These are the values the EA detects before it makes a decision to take a trade or not.
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Our AWESOME IMAGINATION is the true holy grail!
  • #6,916
  • Dec 10, 2015 1:48am Dec 10, 2015 1:48am
Here is a trade just out of the blue>>
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, no rhyme or reason to it. Same trade on two different brokers.
  • #6,917
  • Dec 10, 2015 6:24am Dec 10, 2015 6:24am
Quoting bhaskaruni
{quote} {file}
Mate, today so far with the new EA
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  • #6,918
  • Dec 10, 2015 6:56am Dec 10, 2015 6:56am
Quoting xmess7
{quote} I haven't programmed the new one yet. But using the debug EA (vOANDA) See the chart below. On the chart you see a NO Trade on AUDUSD. Based on the debug print statements all conditions were met, however since I had test Trade Against Average Range on YES, the EA saw the entry was too close to the high Daily Average and didn't take a trade. I went ahead and changed the input settings to not care about autotrend, Daily Average, etc so we can see more signals and test if it is doing the correct thing. So for this time it the found the right...
My pivots don't look like yours
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  • #6,919
  • Dec 10, 2015 8:43am Dec 10, 2015 8:43am
Quoting keysharp
Here is a trade just out of the blue>>{image}, no rhyme or reason to it. Same trade on two different brokers.
Which two brokers did u see that in? I am dealing with TradeKing, FXpro, and Oanda.

When u get a chance download the vOANDA version and load it on to the charts. It's the same as v2 with the difference that it prints out statements of what was detected right before the trade. That can help us see what happened and not have to guess about some of the positions the indicators where on.

As far as I can see, the trade seems to be valid.

I say seems cause if you look at the candle with the green arrow:
1. Looks like the stoch crossed up
2. The candle failed a pivot point.
3. More than likely there was a 3sema low dot to the right, it probably shifted and that is why it is now on the left side of the candle
Our AWESOME IMAGINATION is the true holy grail!
  • #6,920
  • Dec 10, 2015 8:46am Dec 10, 2015 8:46am
Hey Jess, just for curiosity what would be a good return on a portfolio during these economic times? I believe I am getting after fees somewhere between 3 and 4 per cent. If we (you) can get this ea going then bad returns would be more palatable.
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