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Inspired Strategy

  • #81
  • Edited 4:27am May 6, 2017 4:14am | Edited 4:27am
Quoting ChicagoRob
{quote} The original Shagamic system is solid. Basic, stripped down, no-nonsense S/R strategy. It's early in the game, but so far I'm three for three.
Agreed Rob, you know the old saying "if it aint broken, don't fix it". Plugging more and more indicators on ones chart just adds to confusion. If we keep to the original strategy it does pay off, sure, I put may hands up,I do trade it slighty differently as waiting for arrows means many profitable trades are missed. Above 200 EMA buy, below, sell, Simple
  • #82
  • Edited 3:31pm May 6, 2017 4:20am | Edited 3:31pm
where we stopped this week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSDkM15.png Size: 32 KB
Click to Enlarge Name: USDCHFkM15.png Size: 30 KB
i have tried to start trades with a trend, now i prefer to follow the trend
  • #83
  • May 6, 2017 5:19am May 6, 2017 5:19am
Quoting podberry
{quote} Agreed Rob, you know the old saying "if it aint broken, don't fix it". Plugging more and more indicators on ones chart just adds to confusion. If we keep to the original strategy it does pay off, sure, I put may hands up,I do trade it slighty differently as waiting for arrows means many profitable trades are missed. Above 200 EMA buy, below, sell, Simple
I'm with you, bro. I'm just using the S/R dots and the 200SMA. How are you implementing the strategy?
  • #84
  • May 6, 2017 6:05am May 6, 2017 6:05am
Hmmm .... my question to you - how to make the S/R dots visible ? Can't see them at the charts here in the Posts + I myself don't have them on my charts ?
  • #85
  • May 6, 2017 6:09am May 6, 2017 6:09am
Quoting jereajali
where you stopped this week. {image} {image}
Concerning the pics in post #82:
A little comment only: the entry of the USDCHF trade was good but honestly to say: at the end of the week, especially friday evening (in front of these elections ... ) .... ummm, perhaps the best would be to close this trade even with some pips in loss before markets close ... ? Or better not to open it at all (at this time) ? Right ?
  • #86
  • May 6, 2017 6:59am May 6, 2017 6:59am
Quoting DerBerliner
Hmmm .... my question to you - how to make the S/R dots visible ? Can't see them at the charts here in the Posts + I myself don't have them on my charts ?
It's a separate indicator that was posted in the original thread. I'll put it up for you the next time I'm at my computer. It looks like the indy used in this thread shows S/R dynamically.
  • #87
  • May 6, 2017 7:40am May 6, 2017 7:40am
Hello Jereajali. I am following your work very close. I wonder if you can make your ultimeprofit indicator show more bars, let´s say 10,000 bars or more, so we can make a good backtesting?

Thank you.
  • #88
  • May 6, 2017 8:33am May 6, 2017 8:33am
Quoting juzal
Hello Jereajali. I am following your work very close. I wonder if you can make your ultimeprofit indicator show more bars, lets say 10,000 bars or more, so we can make a good backtesting? Thank you.
its not my indicator and i can't make it show more bars.
i have tried to start trades with a trend, now i prefer to follow the trend
  • #89
  • May 6, 2017 8:34am May 6, 2017 8:34am
Quoting DerBerliner
{quote} Concerning the pics in post #82: A little comment only: the entry of the USDCHF trade was good but honestly to say: at the end of the week, especially friday evening (in front of these elections ... ) .... ummm, perhaps the best would be to close this trade even with some pips in loss before markets close ... ? Or better not to open it at all (at this time) ? Right ?
sometimes at market open, it jumps in the trend direction.
i have tried to start trades with a trend, now i prefer to follow the trend
  • #90
  • May 6, 2017 12:21pm May 6, 2017 12:21pm
Quoting ChicagoRob
{quote} I'm with you, bro. I'm just using the S/R dots and the 200SMA. How are you implementing the strategy?
Same as you Rob, I go for 1:1 RRR but enter when price is close to the 200EMA, if price is to far away from the 200 EMA it has more chance of reversing, I move my trade to BE when I am 20 pips or so in profit. Some of the BE get stopped out, but the fact that I have plenty of trades on the go makes the stop outs painless

Pity Tobben got banned as I salute him for his efforts, real simple and profitable strategy in my opinion
  • #91
  • May 6, 2017 12:41pm May 6, 2017 12:41pm
Quoting podberry
{quote} Same as you Rob, I go for 1:1 RRR but enter when price is close to the 200EMA, if price is to far away from the 200 EMA it has more chance of reversing, I move my trade to BE when I am 20 pips or so in profit. Some of the BE get stopped out, but the fact that I have plenty of trades on the go makes the stop outs painless Pity Tobben got banned as I salute him for his efforts, real simple and profitable strategy in my opinion
Are you just trading the pullback, or are you waiting for price to penetrate S/R dots for your entry?
  • #92
  • May 6, 2017 1:24pm May 6, 2017 1:24pm
Quoting ChicagoRob
{quote} Are you just trading the pullback, or are you waiting for price to penetrate S/R dots for your entry?
I just wait for the S/R dots to form and place a pending order just above the dots on a buy, opposite for sell.
  • #93
  • May 6, 2017 2:03pm May 6, 2017 2:03pm
Quoting podberry
{quote} I just wait for the S/R dots to form and place a pending order just above the dots on a buy, opposite for sell.
Thanks. That's exactly what I'm doing.
  • #94
  • May 6, 2017 2:38pm May 6, 2017 2:38pm
First version of the EA for the Inspired Strategy.
Jereajali can you verify if the EA is working according to the Inspired Strategy.

Please test and give feedback

Thx.
Attached File(s)
File Type: ex4 IS ea V1.0.ex4   14 KB | 402 downloads
  • #95
  • May 6, 2017 2:49pm May 6, 2017 2:49pm
Quoting christid
First version of the EA for the Inspired Strategy. Jereajali can you verify if the EA is working according to the Inspired Strategy. Please test and give feedback Thx. {file}
Great ! Will give it a try - definitely !
  • #96
  • May 6, 2017 3:25pm May 6, 2017 3:25pm
Quoting christid
First version of the EA for the Inspired Strategy. Jereajali can you verify if the EA is working according to the Inspired Strategy. Please test and give feedback Thx. {file}
Wow! thanks so much. Can't wait to load it on Monday. You are simply a blessing
i have tried to start trades with a trend, now i prefer to follow the trend
  • #97
  • May 6, 2017 3:57pm May 6, 2017 3:57pm
Hi! I just asked about this strategy from the website. I had not heard about it before today. I must admit that I was stunned when they informed me that the old version was $999, and the newer version was $1999!

I think I'll just stick with something less!!!!
OldGreyGuy
  • #98
  • May 7, 2017 5:02am May 7, 2017 5:02am
Quoting will4x
Hi! I just asked about this strategy from the website. I had not heard about it before today. I must admit that I was stunned when they informed me that the old version was $999, and the newer version was $1999! I think I'll just stick with something less!!!!
i don't understand you on this.
i have tried to start trades with a trend, now i prefer to follow the trend
  • #99
  • May 7, 2017 5:12am May 7, 2017 5:12am
Quoting christid
First version of the EA for the Inspired Strategy. Jereajali can you verify if the EA is working according to the Inspired Strategy. Please test and give feedback Thx. {file}
Thanks. Can't wait to test it in monday
Risk comes from not knowing what you're doing.
  • #100
  • May 7, 2017 5:15am May 7, 2017 5:15am
Quoting dragonexpert
{quote} Thanks. Can't wait to test it in monday
Does this strategy work over a long timeframe
Nothing strengthens authority so much as silence
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