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  • #14,001
  • Feb 8, 2016 6:29am Feb 8, 2016 6:29am
[quote=wizlon32;8738274]
Quoting Murysco
{quote} May I also add that due to the early signals produced by HMA, bad trades could be closed early while the profitable ones could run. Back test and you will see that the profits should outweigh the losses in the long run. We just need a good close trade rule.
On each trade where you get stopped out there is always a substantial amount of points lost, doesn't matter what the indicator is. The more times you are in and out the bigger the losses. I am sure most traders started out with a moving average cross over on a chart and thought they had struck gold, that is until the reality of getting stopped out after each trend change sets in, particularly in a sideways market. Making money in a ongoing trend is easy, keeping in every other market is the hard part.
  • #14,002
  • Feb 8, 2016 7:00am Feb 8, 2016 7:00am
Quoting Murysco
{quote} Thanks for your suggestion. I have applied your HMA on the same chart i used for the above example with the same settings to both the HMA and my MA CANDLES but i will like to tell you that by using the HMA, we are going to have a lot of noise from the indicator which will cause a lot in and out of trades with many losses before a winning one. As the example shows below {image} As you can see, the HMA has given about 3 false signals in this instance, while the MA CANDLES still held on their colour without changing at those points. Casino...
If you use only ma cross, why not use CCI only. Its same and mimic ma cross over. You can try 35 lwma and compare with cci 35 with zero cross setup.

Then you can try with cci pin plugin which already in casino.
Look for it and you will find it
  • #14,003
  • Edited 11:26am Feb 8, 2016 11:05am | Edited 11:26am
[quote=Fourxxxx;8739259]
Quoting wizlon32
{quote} On each trade where you get stopped out there is always a substantial amount of points lost, doesn't matter what the indicator is. The more times you are in and out the bigger the losses. I am sure most traders started out with a moving average cross over on a chart and thought they had struck gold, that is until the reality of getting stopped out after each trend change sets in, particularly in a sideways market. Making money in a ongoing trend is easy, keeping in every other market is the hard part.

I have mentioned earlier that Moving Average is a powerful tool but using it the right way is what matters most. I agree with you that most traders started out with moving average but they've been using them in the wrong way, i am not an exception to that too. We use a combination of 2 moving averages with different settings and decide an entry when they cross each other, which is usually too late for the move and we ended up getting stopped out most of the time.

In this case we are using just one MA and when there's a price cross over and a candle has closed above or below it, then we use a pending order to prevent us from bad trades (false signals). As you can see from my chart illustration, there were some signals but the pending orders were not hit and price would go back to its previous directions and we are safe from bad entries.

There would be a very few times when the PO would be hit and after a few pips move, price would turn back. This is where my suggestion of the Break Even (BE) facility would have its play to save us from a trade going into a little profit and turn back to end at a loss. If the price doesn't go our way, instead of ending at loss, we would be out at BE. But most times it goes our way and we end up with massive profits.

I've been trying this manually and it really shows promises of too many good trades and only a very few bad ones which can also be controlled with the BE facility and a Trailing stop.

I just hope Seller9 will consider making this plugin with the suggested facilities for us to try and see its results. All other previous plugins had not been confirmed to be profitable before they were made, they were just ideas built up to see if they would give good results. So is this one too.

If you look at a few pages back where i was testing the old MA plugins, they produced good results in very little time but the problem was the trades were not closed by Casino when they were supposed to be closed and they keep ending in loss and seller9 said he would make another plugin with the suggestion i made.

MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #14,004
  • Feb 8, 2016 11:13am Feb 8, 2016 11:13am
Quoting braveh4rt
{quote} If you use only ma cross, why not use CCI only. Its same and mimic ma cross over. You can try 35 lwma and compare with cci 35 with zero cross setup. Then you can try with cci pin plugin which already in casino.
Thanks for your suggestion.

But the CCI plugin does not use pending orders, you have a straight entry there.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #14,005
  • Feb 8, 2016 11:49am Feb 8, 2016 11:49am
This time tried with market bias, another failure
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 202 KB
  • #14,006
  • Feb 8, 2016 12:08pm Feb 8, 2016 12:08pm
Started at LO with TP 1% individual pairs
Basket equity lock set at 2 stages ( $25 Lock $10)
($60 Lock $50)

Casino Pin take trade only in higher TF Trend (4 hr - 15 min)

Letting it run all week and let's see what we can accomplish
Attached Image (click to enlarge)
Click to Enlarge Name: TP 1perc.JPG Size: 491 KB
  • #14,007
  • Feb 8, 2016 12:51pm Feb 8, 2016 12:51pm
Quoting MTPockets
Started at LO with TP 1% individual pairs Basket equity lock set at 2 stages ( $25 Lock $10) ($60 Lock $50) Casino Pin take trade only in higher TF Trend (4 hr - 15 min) Letting it run all week and let's see what we can accomplish {image}
From the looks of your chart, I think what you actually mean is your TP is 1 X 4H ADR per pair? I might be off. I take it you're using Swing and trend? Great results!
  • #14,008
  • Feb 8, 2016 12:56pm Feb 8, 2016 12:56pm
Quoting iuforex
{quote} From the looks of your chart, I think what you actually mean is your TP is 1 X 4H ADR per pair? I might be off. I take it you're using Swing and trend? Great results!
You are so correct .. Still on my first pot 'O' coffee...
  • #14,009
  • Feb 8, 2016 5:32pm Feb 8, 2016 5:32pm
Quoting Murysco
Hello Seller9, As we are all looking for a way forward with Casino to try our best possible and make it consistently profitable, I have a very good suggestion on this and I think it is a jackpot, if only it can be implemented into Casino. If you have not done anything yet on my previous suggestion on the MA in colour, you may ignore it and use this system instead, as it is the same MA system but in a better way and with more potentials. These are candles that change colour base on price movement around the Moving Average, depending on the setting...
Hi all and Murysco,
if it's possible I have also a suggestion about thise:
Use BE : - True / False Break even pips : - (amount of pips or $ in profit before the BE would be in place)
Use trailing stop : - True / False Trailing stop pips : - (pips you want to trail with)
Trail only after BE : - True / False. I think this is all about it.
Add trade after amuont of pips or $ or new signal of plugin

Seller what do you think?
  • #14,010
  • Feb 8, 2016 5:36pm Feb 8, 2016 5:36pm
Quoting woww
{quote} Hi all and Murysco, if it's possible I have also a suggestion about thise: Use BE : - True / False Break even pips : - (amount of pips or $ in profit before the BE would be in place) Use trailing stop : - True / False Trailing stop pips : - (pips you want to trail with) Trail only after BE : - True / False. I think this is all about it. Add trade after amuont of pips or $ or new signal of plugin Seller what do you think?
Good addition. I hope Seller9 looks into it and hopefully make it so.

Cheers.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #14,011
  • Feb 8, 2016 5:40pm Feb 8, 2016 5:40pm
[quote=Murysco;8740009]
Quoting Fourxxxx
{quote} I just hope Seller9 will consider making this plugin with the suggested facilities for us.
Hi Murysco

Because you have put is soooo much work on this I hope Seller9's post it does not apply to you but this is what Seller9 posted, about I guess, a request I made even when I offered to pay, see 12462 ...

So good luck and as I said I hope it does not apply to you ...
When you are successful perhaps give a thought to others ... Kiva dot org
  • #14,012
  • Feb 8, 2016 5:42pm Feb 8, 2016 5:42pm
Quoting Murysco
{quote} Good addition. I hope Seller9 looks into it and hopefully make it so. Cheers.
Unfortunatly im testing a lot of setting of casino
but the main problem is the unstability of the results.
whit trending market all goes good but in ranging very bad results (nice indicator for this is the ADR daily).
and the best will be cut losses wery quicly and try to maxim the profit in trending markrt.
So if we can add trade during trending market situation we will maxim profit.
I like your ma indicator i think that will work better then HAS.
just my opinion.
  • #14,013
  • Feb 8, 2016 6:06pm Feb 8, 2016 6:06pm
[quote=PayItForward;8740729]
Quoting Murysco
{quote} Hi Murysco Because you have put is soooo much work on this I hope Seller9's post it does not apply to you but this is what Seller9 posted, about I guess, a request I made even when I offered to pay, see 12462 ... So good luck and as I said I hope it does not apply to you ...
Thanks for your view man. As you said, i also hope it doesn't apply to me. Here was his response when i made the first suggestion on the MA strategy :-

Quoting seller9
{quote} If you can explain your system and the ma settings you use maybe I could write a PIN that does everything you want all in one PIN.
Then i gave out the system which he also responded as :-

Quoting seller9
{quote} OK, I will take a look, give me a couple of days to do so.
Though i wonder why we've not heard from him for many days, as no sign of him here at all. Probably he's busy on other important things. I hope he's fine and ok.

Cheers MM.
Patience, Persistence and discipline = Holy Grail.
FUNDED FEEDER All Time Profit: $104
  • #14,014
  • Feb 8, 2016 6:18pm Feb 8, 2016 6:18pm
[quote=Murysco;8740773]
Quoting PayItForward
{quote} Then i gave out the system which he also responded as :- {quote}
Hi MM

That is good ...
When you are successful perhaps give a thought to others ... Kiva dot org
  • #14,015
  • Feb 9, 2016 5:35am Feb 9, 2016 5:35am
Tundex are you still running your test setup from before (m1, hm, indx, MB)? Could you post an update please?
  • #14,016
  • Feb 9, 2016 9:33am Feb 9, 2016 9:33am
Quoting Murysco
Though i wonder why we've not heard from him for many days, as no sign of him here at all. Probably he's busy on other important things. I hope he's fine and ok. Cheers MM.
He is relaxing on South pacific island...don't wait him.
  • #14,017
  • Feb 9, 2016 1:17pm Feb 9, 2016 1:17pm
I changed indx to 1h. Very good day today as you can see. I'll keep the settings the same for the rest of the week.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 203 KB
  • #14,018
  • Feb 9, 2016 1:33pm Feb 9, 2016 1:33pm
brilliant idea keep us posted. i was doing well with those settings in nov/dec but it has nosedived this year, maybe h1 indx is the secret sauce



Quoting Lotuscode
I changed indx to 1h. Very good day today as you can see. I'll keep the settings the same for the rest of the week. {image}
  • #14,019
  • Feb 9, 2016 1:53pm Feb 9, 2016 1:53pm
Quoting blamshakk
brilliant idea keep us posted. i was doing well with those settings in nov/dec but it has nosedived this year, maybe h1 indx is the secret sauce {quote}

Good to know I wasn't the only one with bad results. I thought perhaps I was not doing something right.
  • #14,020
  • Feb 10, 2016 6:16am Feb 10, 2016 6:16am
Quoting Lotuscode
Tundex are you still running your test setup from before (m1, hm, indx, MB)? Could you post an update please?
Sorry guys. I stop testing long time ago because I have to finish up my research work. I just got time to quickly read up on some post today. I hope to get chance to continue testing in April.

Hope you guess are having good results.
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