HGI used with Hurst charts

[rangerlp]

And look at this on H1.. can now use 1ATR 5TMA band for entries. The MACD shows the hurst cycles so don't need the centerlines on the chart..

Great work there! Could you post the template for this setup? tnx.

[echoman01]

Hi Pedro,

I have messed aound with FX for many years off and on, but never really considerd FX options.

I too am now interested.

[fire580]

Very interested have recently been playing with M5 Binaries

[rudy5]

I was looking at M15 charts today out of boredom due to there being no 4hr hurst filtered signals - apart from the end of day AUD takeoff. (As opposed to yesterdays 11)

Looks like there could be some promise to this strategy, especially if it's used in conjunction with a 4hr HGI signal. I thought 10.7 was really cool, I don't wanna throw it out. The one thats being used in the pic is the special M15 version from the Gann Ribbon thread.

Maybe adding the bands like Joe did would be good. The main weakness is how the STO lines can flip like crazy when live tested, I'll have to see how it plays out

Sorry if any of you hate blue haha

[eevra]

And look at this on H1.. can now use 1ATR 5TMA band for entries. The MACD shows the hurst cycles so don't need the centerlines on the chart..

will you upload the indi "1ATR 5TMA band " please ?

[taipan]

Hi all,

Just been watching this tread and how it is progressing. It is all very interesting and thanks to pips for his coding on the indicators. Really appreciated it pips as I use them all the time. Now since the Swissy came un pegged to the Euro and I saw the biggest gap I had seen in FX ever. It got me thinking what if I was in the wrong way like quite a few traders were. Fortunately I was not in the market when that happened. Gee 100's of millions went down the drain. Brokers went to the wall and I bet many traders did too. There must have been some serious margin calls that day that required losing ones house.

So since then I have been asking myself how can I protect myself from that situation. Because that in my opinion is only the tip of the iceberg in these now currency wars and QE in all the Western countries. Personally I do not think we have seen anything yet compared to what is coming. So what is the answer to protecting ones assets when in the wrong way and not losing ones shirt? I think there is only one answer after much thought and that is FX options. Now I have played around with options a little on demo over the last 12 months. It is a different ball game compared to normal Fx trading. But since the un-peg of the Swissy I have now developed it seems a fairly fool proof system to trade 5 minute options off 1 minute charts using all that I have learnt over many years.

Yes the system uses HGI, Hurst, TMAcentered and TMA slope. Most indicators of course coming from Bob Nanning. So if you are reading this post Bob, a really big thank you for your tireless work. So what are the advantages of Fx Options.

1. You cannot lose your shirt if you are in big the wrong way with some money management.
2. Options once you can win 2 out of 3 you will make good money.
3. Options can make money winning only 50% if you use money management.
4. The worst you can lose on any one trade is your investment for that option. Be if $5 or $100. Regardless if the price goes or jumps against you several thousand pips in a couple of seconds.
5. The trading is much simpler and also much faster for profit. Much less time consuming with no stops, no take profits, no wasted time, or special delayed entries. If the pay out is 80% of your investment. Then even if the option closes only a tenth of a pip in your favor, you win 80% or your investment with no spread involved.

So what is the catch? None really except you need 2 wins ideally out of 3 investment tries. So that is what I am working on using 1m charts taking 5m options. Now there seems to be 2 types of brokers for options. Those that do options only with their own platform. Do not like them much as the platforms at times seem rather slow filling orders and not that friendly. And Brokers like Cowboy Go Markets Australia and others that trade normal Fx and options on the same platform using a options plugin FXLite for Empty4. The same account is used as your Fx account and the plugin seems much faster in operation. It is like then having the best of both worlds. Fx normal and Fx options. FxLite to me is much more friendly too. Really love it. Well I will post the system in about a week if anyone is interested on this thread or another thread if the Moderators think it is more appropriate.

Pedro

I am interested. May be a new thread on fx option is a good idea.

[WhoKnows]

Way to go Pedro. I'll certainly have a look at the new binaries thread.
I too was contemplating binaries when seeing the Hurst projection indi in action.

One main concern I have about binaries is that most binary brokers appear to be 'crooks' that don't pay out, block accounts when you win too often, etc.. Lots and lots of complaints about them at FPA.
But the GM mentioned before might be different.

[ronemshoff]

Hi all,

Just been watching this tread and how it is progressing. It is all very interesting and thanks to pips for his coding on the indicators. Really appreciated it pips as I use them all the time. Now since the Swissy came un pegged to the Euro and I saw the biggest gap I had seen in FX ever. It got me thinking what if I was in the wrong way like quite a few traders were. Fortunately I was not in the market when that happened. Gee 100's of millions went down the drain. Brokers went to the wall and I bet many traders did too. There must have been some serious margin calls that day that required losing ones house.

So since then I have been asking myself how can I protect myself from that situation. Because that in my opinion is only the tip of the iceberg in these now currency wars and QE in all the Western countries. Personally I do not think we have seen anything yet compared to what is coming. So what is the answer to protecting ones assets when in the wrong way and not losing ones shirt? I think there is only one answer after much thought and that is FX options. Now I have played around with options a little on demo over the last 12 months. It is a different ball game compared to normal Fx trading. But since the un-peg of the Swissy I have now developed it seems a fairly fool proof system to trade 5 minute options off 1 minute charts using all that I have learnt over many years.

Yes the system uses HGI, Hurst, TMAcentered and TMA slope. Most indicators of course coming from Bob Nanning. So if you are reading this post Bob, a really big thank you for your tireless work. So what are the advantages of Fx Options.

1. You cannot lose your shirt if you are in big the wrong way with some money management.
2. Options once you can win 2 out of 3 you will make good money.
3. Options can make money winning only 50% if you use money management.
4. The worst you can lose on any one trade is your investment for that option. Be if $5 or $100. Regardless if the price goes or jumps against you several thousand pips in a couple of seconds.
5. The trading is much simpler and also much faster for profit. Much less time consuming with no stops, no take profits, no wasted time, or special delayed entries. If the pay out is 80% of your investment. Then even if the option closes only a tenth of a pip in your favor, you win 80% or your investment with no spread involved.

So what is the catch? None really except you need 2 wins ideally out of 3 investment tries. So that is what I am working on using 1m charts taking 5m options. Now there seems to be 2 types of brokers for options. Those that do options only with their own platform. Do not like them much as the platforms at times seem rather slow filling orders and not that friendly. And Brokers like Cowboy Go Markets Australia and others that trade normal Fx and options on the same platform using a options plugin FXLite for Empty4. The same account is used as your Fx account and the plugin seems much faster in operation. It is like then having the best of both worlds. Fx normal and Fx options. FxLite to me is much more friendly too. Really love it. Well I will post the system in about a week if anyone is interested on this thread or another thread if the Moderators think it is more appropriate.

Pedro

Pedro,
i assume you are talking about Binary options - true??? My advise is run for the hills. Binary is another way for brokers to take your money. There are many blogs of the horrors of Binary. you might read Forbes Don't Gamble On Binary Options. Binary is gambling just like online poker. You are playing against the broker - house - not other traders as in Forex ECN. The broker becomes a market maker. Few forex traders use market maker brokers anymore now that ECN has become avail. How long will they let you take their money?? And you hit it on the head - need to win 2 out of 3, so you are in the hole 66% before you start. You can make money trading Forex with 50%. You cant add, subtract, exit early, etc etc or change your order in anyway with binary. The best way to protect yourself from a black swan is to have a small account size - plain and simple. If you need $1000 to cover margin for your typical style of trading and lot sizes, then keep withdrawing winners and maintain only the smallest account size, and along with that - the larger leverage will also help keep account amount down, and if you are in U S find an overseas broker - there are still some - or set up an offshore company as most o/s brokers will accept that structure even with u.s. owners. That will put another barrier in the way for an overseas broker to spend big to recover a small negative account. think about it and i think you will agree - binary is gambling. if you must trade options, then use the normal futures/options contracts, not binary. and if you lose your whole stake, get back up, dust off and start over. no matter what you say, these black swans - dropping 1500 to 2000 pips - only occur rarely. and several brokers, blogs, Dukascopy for one, warned the CHF unhook was coming months before. Ron

[ronemshoff]

Slowkey,
your quote
Hey guys and gals what do you think of what Pedro just gave us. Two averages based on TMA that mark out the best of the RAD and other signals as well as countertrend vs trend continuation with the RAD's.

Muuh is right, HGI repaints every time you re-initialize. It looks back and finds the best curve fit. This is due to the use of TMAcenter. TMAcenter can not be coded to not repaint. There are many comments in this and HGI thread about repainting. You will find a big diff in before and after re-initialized charts. Answer is to trade only in the current candle, and/or for back testing, never re-initialize - use a VAS or such. ron

[ronemshoff]

re my last post - i meant use a VPS - a steady platform - to gain enough history for HGI for you to study for your plan. A VPS should not re-initialize therefore giving good reliable results of placing the HGI symbols as they would be in live, not curve fitted back.