BALUDA'S SUPER CSS-2.0. THE SIMPLEST TRADING SYSTEM EVER

[SteveHopwood]

I have done some tidying up here tonight.

lotv, you tried to help a dimwit, so thanks for that.

Anyone else here whose post I have deleted, assume I think you are a cretin, OK? You potentially have a very short life here at SHF so your best interests are served by staying quiet until I have forgotten you.

Stop being wet and pathetic and learn to use the indicator. They do not come any more simple and effective than this one.

[manfredg]

EURUSDH4.png

The screen shot above: Green arrows depict opening of the market on a daily basis.

Hi Steve,
I know it has been sometime since you posted your take on this system. If I have understood you correctly then the rules for trading this system on a daily open basis is:
Long:- Price is above the 34LWMA.
Price is above the HalfTrend line and is Blue.
H4 nonlag indicator is Blue.
CSS is Blue and >1.
Short: - Price is below the 34LWMA.
Price is above the HalfTrend line and is Yellow.
H4 nonlag indicator is Yellow.
CSS is Yellow and <1.

Stop is either 2x20ATR or % of A/C size or some such money management.
Profit Target is either Close all at a predetermined $, pip, or time value.
The chart is setup for H4, The CSS is setup for daily.
I have been using a 2% Stop and $175.00 Target.

Any further insights would be greatly appreciated.
And if it's not too late; thank you for all the information from you and all your contributors. I have been; unfortunately, a long time lurker and now first time contributor.
Manfred.

[Z2TT]

How you manage your positions is upto you. The indicator helps you get in with a good direction.

I personally use current ATR or ATR x 1.5 as the stop loss.

If price action shows a nearby support that the price has been respecting, you can place your stop below this to account for possible re-tests

[c1borg]

Question for somebody very familiar with the indy.

I am using the difference threshold setting but I think ive not understood what it does for the following reasons.

I have a setting of 1.0 so I would assume (probably wrongly ) no trades in this situation.

Capture.PNG

but TDesk says go for a Sell trade

Capture1.png

So I looked at the code to try and understand

Code: Select all

//Set trade direction
            TradeLong=false; TradeShort=false;
            if(Slope1[i] > differenceThreshold*0.5)
               TradeLong=true;
            if(Slope1[i] < -differenceThreshold*0.5)
               TradeShort=true;

So in my example we trade short if the slope which I assume is -0.86 and -0.68 is less than 1*0.5 or 0.5.

Then there is this code for TDesk

Code: Select all

//TDesk code
               if(SendTDeskSignals)
               {
                  if(Slope1[i] >  differenceThreshold*0.5) s1=LONG;  else
                  if(Slope1[i] < -differenceThreshold*0.5) s1=SHORT; else s1=FLAT;
                  if(Slope_2   >  differenceThreshold*0.5) s2=LONG;  else
                  if(Slope_2   < -differenceThreshold*0.5) s2=SHORT; else s2=FLAT;

So what is the actual logic here? I was expecting the slope has to be >1.0 to trade but with the 0.5 multiplier its actually half of that so if the slope is >0.5 we trade is that correct?

I actually only want to trade if the slope is >1.0 so I would need a setting of 2.0 (2.0*0.5=1.0) is that correct? It does change the signal to flat if I alter the setting to 2.0.

What is the reason for the 0.5 multiplier im obviously missing something fundemental here. Many thanks for any help.

Edit: Maybe level cross value is what I am looking for but not sure how the 2 settings work together?

[tomele]

Hi.

You are missing the most obvious: "difference". The difference of 0.5 and -0.5 is 1.0. If you enter a difference of 2, you get thresholds of 1.0 and -1.0.

[c1borg]

Hi.

You are missing the most obvious: "difference". The difference of 0.5 and -0.5 is 1.0. If you enter a difference of 2, you get thresholds of 1.0 and -1.0.

You have laser sight how did I miss that

Can you explain how we would use the crossover setting?

[jimbol999]

hope everybody is having great green days...
due to some changes in regulation in Canada, I had to change my broker and they only offer MT5.
was wondering if there's MT5 version of Baluda available. searched entire forum and couldn't find any.

have been using Empty4 along with new broker on mt5 but spreads are different and its harder when I do quick scalp.

thank you

[SteveHopwood]

hope everybody is having great green days...
due to some changes in regulation in Canada, I had to change my broker and they only offer MT5.
was wondering if there's MT5 version of Baluda available. searched entire forum and couldn't find any.

have been using Empty4 along with new broker on mt5 but spreads are different and its harder when I do quick scalp.

thank you

Looks to me like there is another broker change needed.

[jimbol999]

thanks for your reply.
its not as easy as countries like UK or AU.
like everything that is retarded in Canada, such as Banking, Telecom, etc. brokers are not immune from idiocy.

any regulated brokers abroad won't accept client from Canada/AB.
its not Canada wide, its the specific regulation in province. I live in Calgary and for Alberta there's only AMPglobal broker thats accepting clients. Oanda accepts clients from different provinces.

thought it's worth a try

[MurphyMan]

Take a look at TradersWay.