Sunday, December 30, 2007
Rads Reverse MTF HAS
Rads Reverse MTF HAS
The indicators on the chart are:
Blue Line - my main indicator. It is a 27 period T3 moving average. I can't explain exactly how a T3 differs but it is much smoother that a regular moving average. As a fan of W. D. Gann, I like his use of the number 9 in his various strategies and I incorporate it wherever possible. Thus the 27 (9 X 3).
Orange Line - 27 T3 on next higher time frame.
Red Line - 27 T3 on next higher time frame.
Purple Line - 27 T3 on next higher time frame.
Maroon Line - 729 EMA. This again is a multiple of 9 (9 X 9). Comparable to the 800 that some others like to use. I find it to be a sort of equilibrium point. Price invariably tends to return to that level. When you see price stalling, check the various time frames and usually you will find that it is the 729EMA on one of them.
Grey line - 2 period smoothed EMA. Represents price action.
HAS and HAS Extension - This gives the main visual indication of the move. I added the extension to help identify false breaks.
Center Window - MTF HAS Bars. These bars show the HAS indicator on the current and next 3 higher time frames.
Bottom Window - T3 Stochastic. Again, somewhat smoother than a regular stochastic. Set to 21-5-3 seems to line up very well with the other indicators.
This is a trend following system and so we look to enter and trade with the current trend on whatever time frame we are looking at. We want to identify reversal points and enter as close to the beginning of a trend as possible and add to our positions when possible.
Reversals are identified by a cross of the T3 accompanied by a color change on the HAS and a matching cross on the stochastics. In order to filter out false trades, look at the Center Window and wait for the first matching color change on the next higher time frame for the entry. When you see all trend lines converge, wait for the breakout indication to take the trade. You will often see all four bars in the center window change color at the same time just as stochastic crosses and a T3 line is crossed. That is a great entry point.
During the move watch for small corrections indicated by a change in color on the HAS but not the extension and on the current MTF Bar. Watch for stochastic to peak and cross back in the original trend direction and for the MTF Bar to resume its original color. This is often a good point to add to your position.
Exits are up to you. I use a combination of Murray Math lines and fib retracements to look for price to stall. Failure to penetrate a higher time frame T3 line or the 729 can also be a good signal to take your profits.
The template is setup to show the correct lines on every time frame so if you are on the 5 min, you will see the 5, 15, 30, and 60 T3 lines. If you are on the 30 min you will see the 30 min, the 60min, the 4hr and the daily T3, and so forth.
The trade system is the same on every time frame but obviously you need to adjust your trade size and stops accordingly. It also works on every pair I have looked.
Anyways, please try it out, and let me know what you think. I will try to answer questions as best I can. The indicators have had the names changed simply to keep them associated with the system but they are freely available elsewhere in this forum and I do not take credit for them.
Thanks and Merry Christmas to all.
Rad.
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The indicators on the chart are:
Blue Line - my main indicator. It is a 27 period T3 moving average. I can't explain exactly how a T3 differs but it is much smoother that a regular moving average. As a fan of W. D. Gann, I like his use of the number 9 in his various strategies and I incorporate it wherever possible. Thus the 27 (9 X 3).
Orange Line - 27 T3 on next higher time frame.
Red Line - 27 T3 on next higher time frame.
Purple Line - 27 T3 on next higher time frame.
Maroon Line - 729 EMA. This again is a multiple of 9 (9 X 9). Comparable to the 800 that some others like to use. I find it to be a sort of equilibrium point. Price invariably tends to return to that level. When you see price stalling, check the various time frames and usually you will find that it is the 729EMA on one of them.
Grey line - 2 period smoothed EMA. Represents price action.
HAS and HAS Extension - This gives the main visual indication of the move. I added the extension to help identify false breaks.
Center Window - MTF HAS Bars. These bars show the HAS indicator on the current and next 3 higher time frames.
Bottom Window - T3 Stochastic. Again, somewhat smoother than a regular stochastic. Set to 21-5-3 seems to line up very well with the other indicators.
This is a trend following system and so we look to enter and trade with the current trend on whatever time frame we are looking at. We want to identify reversal points and enter as close to the beginning of a trend as possible and add to our positions when possible.
Reversals are identified by a cross of the T3 accompanied by a color change on the HAS and a matching cross on the stochastics. In order to filter out false trades, look at the Center Window and wait for the first matching color change on the next higher time frame for the entry. When you see all trend lines converge, wait for the breakout indication to take the trade. You will often see all four bars in the center window change color at the same time just as stochastic crosses and a T3 line is crossed. That is a great entry point.
During the move watch for small corrections indicated by a change in color on the HAS but not the extension and on the current MTF Bar. Watch for stochastic to peak and cross back in the original trend direction and for the MTF Bar to resume its original color. This is often a good point to add to your position.
Exits are up to you. I use a combination of Murray Math lines and fib retracements to look for price to stall. Failure to penetrate a higher time frame T3 line or the 729 can also be a good signal to take your profits.
The template is setup to show the correct lines on every time frame so if you are on the 5 min, you will see the 5, 15, 30, and 60 T3 lines. If you are on the 30 min you will see the 30 min, the 60min, the 4hr and the daily T3, and so forth.
The trade system is the same on every time frame but obviously you need to adjust your trade size and stops accordingly. It also works on every pair I have looked.
Anyways, please try it out, and let me know what you think. I will try to answer questions as best I can. The indicators have had the names changed simply to keep them associated with the system but they are freely available elsewhere in this forum and I do not take credit for them.
Thanks and Merry Christmas to all.
Rad.
DOWNLOAD
Sunday, December 23, 2007
GRID MACD - Expert Advisor
testing this EA for contest with EURUSD H1 timeframe,
USDCHF H1 timeframe and USDJPY H1 with default settings and do not have any problem. This EA can work together with other EAs and magic numbers are generating automatically.
But please note that this EA is not trading often. It placed stop orders, executed them and after 2 or 3 weeks all the orders may be closed. After few days not trading period this EA will place the pending orders once again, executed them and closed all. That's all that i saw from the trades.
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USDCHF H1 timeframe and USDJPY H1 with default settings and do not have any problem. This EA can work together with other EAs and magic numbers are generating automatically.
But please note that this EA is not trading often. It placed stop orders, executed them and after 2 or 3 weeks all the orders may be closed. After few days not trading period this EA will place the pending orders once again, executed them and closed all. That's all that i saw from the trades.
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Friday, December 21, 2007
Friday, December 14, 2007
TREND-CHASER
maximum risk
lots
auto_max_lots_allowed
Max_Lots_allowed
normal_account
max lots allowed is the limit your broker sets per trade
ibfx mini can only trade to 50 lots in a single order
this has caused tester errors
you can manually set this lower if you want
auto_max_lots_allowed
the ea reads the info from the broker and sets max lots automatically
so if you dont know the limit, this is for you
maximum risk
this is percent of free margin
if you dont want to use money management, set this to zero
you can now change the lot size
normal_account
by default the ea is for ibfx mini account
there symbols have a m added (GBPJPYm)
and mm is calculated diferent
set this to true removes the m
and calculates mm for a regular account
this also makes it so if mm calculates under 0.1
lots is used
on a mini its 0.01
this was also a cause for tester errors
which is now fixed
open_with_psar
open_with_envelopes
when price touches the upper psar, we go long
if psar is under the current price, the direction filter is long
vice versa for shorts
if price touches or goes below the lower envelope, go long
if price goes above or touches the upper envelope, close buy
price above upper, go short
price below lower, close short
by default the envelope entry options are set to 0.01 deviation
this makes it the same as enter at ma
thats why iv removed the ma option
you can set 4 seperate deviations for envelopes
you can only set one period for buy
one for sell
auto_magic_number
MagicNumber
the ea sets a diferent magic number per pair
the number used is displayed in the comments
if for some reason you need to change the mn on a chart
set this to false and
MagicNumber will be used
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lots
auto_max_lots_allowed
Max_Lots_allowed
normal_account
max lots allowed is the limit your broker sets per trade
ibfx mini can only trade to 50 lots in a single order
this has caused tester errors
you can manually set this lower if you want
auto_max_lots_allowed
the ea reads the info from the broker and sets max lots automatically
so if you dont know the limit, this is for you
maximum risk
this is percent of free margin
if you dont want to use money management, set this to zero
you can now change the lot size
normal_account
by default the ea is for ibfx mini account
there symbols have a m added (GBPJPYm)
and mm is calculated diferent
set this to true removes the m
and calculates mm for a regular account
this also makes it so if mm calculates under 0.1
lots is used
on a mini its 0.01
this was also a cause for tester errors
which is now fixed
open_with_psar
open_with_envelopes
when price touches the upper psar, we go long
if psar is under the current price, the direction filter is long
vice versa for shorts
if price touches or goes below the lower envelope, go long
if price goes above or touches the upper envelope, close buy
price above upper, go short
price below lower, close short
by default the envelope entry options are set to 0.01 deviation
this makes it the same as enter at ma
thats why iv removed the ma option
you can set 4 seperate deviations for envelopes
you can only set one period for buy
one for sell
auto_magic_number
MagicNumber
the ea sets a diferent magic number per pair
the number used is displayed in the comments
if for some reason you need to change the mn on a chart
set this to false and
MagicNumber will be used
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BO7A GBP-JPY H1 SYSTEMS
1-ema 7 (yellow)
2-ema 15 (red)
3-ema 90 (white)
4-daily pivot fibo
steps
1-we detect trend using ema 90 if the price is over the line then we are in an up trend and we are looking only for long positions , and if the price is under the line then we are in down trend and we are looking only for short positions
2-we use the crossover of ema 7 with ema 15 to determine the entry point , we don't enter immediately after the intersection but we wait until the price retest ema 7
3-we use the daily pivot fibo to determine the exit point and we exit at the first level that meets us or before it
4-use safety stop loss at 75 points and u can use hedge if u like it
5- don't enter with very big candles or with news and in vacations
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ENTHIOS
1)Price should be outside the Keltner bands
2)Stochastics should be outside the bollinger bands and crossing back up inside for a buy(the opposite for short). But they should be below the 35 level. Both the bollinger and the stochastics work together in the same range of 0-100 on my charts.
3)Daily Absolute Strength should be indicating bullish action for a buy and bearish for shorts. If Absolute strength is neutral or weakly biased trades on both sides of the range can be considered.
4)Point of Control should ideally be taken from previous days trading as the current POC can shift quite a bit intraday.
5)Virgin Point of Control levels from previous trading sessions are valid if not touched until the current days trading session. This is perhaps the most unique and fitting elegance of the original Enthios system as it implies that price must revert to a point of balance or as I like to think of it, as a reversion to a mean.
These are the annotations from the trade setup posted above.
1)Absolute Strength is indicating short so there will be no buys during this session.
2)Stochastics have crossed from above the 65 level down through the upper Bollinger band.
3) Virgin Point of Control (VPOC) has been touched. It is advisable to not take trades even if price comes close as most likely price will return and give a better entry later on. Patience is definitely rewarded with VPOC's. Note also that price is outside the Keltners when signalling short.
4)Profits can be taken in one of two ways on the initial position. Either by touching the opposite end of the Keltners, or the median band if you want to be ultra-conservative about exits. Or...
5) If you wish to follow the wave to its end, you can wait for the stochastics to cross up through the Bollingers from the opposite end of the initial setup, in this case from below.
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Friday, December 7, 2007
SimpleDailyRangeBreakExpert v1.2.1.
EURUSD.
H1 timeframe.
Preset file for EURUSD (attached).
no MM.
1 lot size.
Every tick, modeling quality 90%,
since 06/10/2004 till 26/04/2006,
Profit factor 1.53.
Total trades: 149.
EURUSD.
H1 timeframe.
The same preset file for EURUSD (attached).
no MM.
0.1 lot size.
Every tick, modeling quality 90%,
since 09/01/2001 till 11/11/2005,
Average Profit per 0.1 lots = 46.21
Average Loss per 0.1 lots = 38.79
Maximal Drawdown 7.5%
Profit factor 1.45.
Total trades: 490.
GBPUSD.
H1 timeframe.
Preset file for GBPUSD (attached).
0.1 lot size.
Every tick, modeling quality 90%,
since 06/10/2004 till 26/04/2006,
Average Profit per 0.1 lots = 37.42
Average Loss per 0.1 lots = 66.56
Maximal Drawdown 6.3%
Profit factor 1.40.
Total trades: 143.
USDCHF.
H1 timeframe.
Preset file for USDCHF (attached).
0.1 lot size.
Every tick, modeling quality 90%,
since 06/11/2004 till 26/04/2006,
Average Profit per 0.1 lots = 33.79
Average Loss per 0.1 lots = 34.69
Maximal Drawdown 5.1%
Profit factor 1.34.
Total trades: 157.
USDJPY.
H1 timeframe.
Preset file for USDJPY (attached).
0.1 lot size.
Every tick, modeling quality 90%,
since 06/10/2004 till 26/04/2006,
Average Profit per 0.1 lots = 39.85
Average Loss per 0.1 lots = 66.28
Maximal Drawdown 5.5%
Profit factor 1.60.
Total trades: 121.
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H1 timeframe.
Preset file for EURUSD (attached).
no MM.
1 lot size.
Every tick, modeling quality 90%,
since 06/10/2004 till 26/04/2006,
Profit factor 1.53.
Total trades: 149.
EURUSD.
H1 timeframe.
The same preset file for EURUSD (attached).
no MM.
0.1 lot size.
Every tick, modeling quality 90%,
since 09/01/2001 till 11/11/2005,
Average Profit per 0.1 lots = 46.21
Average Loss per 0.1 lots = 38.79
Maximal Drawdown 7.5%
Profit factor 1.45.
Total trades: 490.
GBPUSD.
H1 timeframe.
Preset file for GBPUSD (attached).
0.1 lot size.
Every tick, modeling quality 90%,
since 06/10/2004 till 26/04/2006,
Average Profit per 0.1 lots = 37.42
Average Loss per 0.1 lots = 66.56
Maximal Drawdown 6.3%
Profit factor 1.40.
Total trades: 143.
USDCHF.
H1 timeframe.
Preset file for USDCHF (attached).
0.1 lot size.
Every tick, modeling quality 90%,
since 06/11/2004 till 26/04/2006,
Average Profit per 0.1 lots = 33.79
Average Loss per 0.1 lots = 34.69
Maximal Drawdown 5.1%
Profit factor 1.34.
Total trades: 157.
USDJPY.
H1 timeframe.
Preset file for USDJPY (attached).
0.1 lot size.
Every tick, modeling quality 90%,
since 06/10/2004 till 26/04/2006,
Average Profit per 0.1 lots = 39.85
Average Loss per 0.1 lots = 66.28
Maximal Drawdown 5.5%
Profit factor 1.60.
Total trades: 121.
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Wednesday, December 5, 2007
Monday, December 3, 2007
gbp-jpy EA
EA parameter setting are Here:
Waddah setting:
Pair = GBPJPY;
Target = 330;
StopLoss = 200;
OpenHours = 22;
Pair = EURUSD
Target = 100;
StopLoss = 65;
OpenHours = 22;
Dimicr setting
Pair = GBPJPY
Target = 490;
StopLoss = 170;
OpenHours = 1;
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Waddah setting:
Pair = GBPJPY;
Target = 330;
StopLoss = 200;
OpenHours = 22;
Pair = EURUSD
Target = 100;
StopLoss = 65;
OpenHours = 22;
Dimicr setting
Pair = GBPJPY
Target = 490;
StopLoss = 170;
OpenHours = 1;
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