FFT _Of_Indi Color with High-Low Trend indi

[cadolino]

hello everybody

i just registered but i'm reading Steve's forum since begin...hope Steve don't go back to FF...

my sys is very simple...maybe too simple?...

TF : best H4, but also works on H1 - depending on the traded pairs

Settings:
FFT: set the Back Bars to 500
Cycle indentifier : Price action filter : 1 or 2
but you can change also the Lenght...try it out till it meets the HH/LL of the curencie pairs

BUY:
1. last zigazag-dot is red ( bar close)
2. FFT color changes to green ( bar close ) , confirmation from Cycle identifier

SELL:
1. last zigzag-dot is blue ( bar close)
2. FFT color changes to red ( bar close) , confirmation from Cycle identifier


optional:

if there was a retracement and FFT doesn't change its color, open an additional trade, if there is a new zigzag-dot ( red for buy, blue for sell ) depending on the direction of FFT...

CLOSE: when FFT changes its color ( bar close) or when the zigzag indi AND the cycle indi line up together...

that's all
hope someone will check it and tell his/her opinion...

regards
Cado

[cadolino]

here the indies

[Fmfx]

Thanks for sharing.

Pls i will like to know if the fft indicator repaints?

For how long have you been using this system and what is the hit rate like?

What is your SL like?

Regards

[mydone]

wow looks like a "real deal" thanks man really. how long do u use it? how stable is it? what are the troubles and do u have any statement - looks really impressive too good to be true maybe:)

[cadolino]

hi guys...

the last bar of the FFT indi could "repaint", sure, till it's finished...
and no , this is not a "perfect" sytem...there are some "glitch"...but good enaugh to make some very nice pips...


so , here are the "glitch":
1. the High-Low Trend indi is a ZigZag indicator, a bit better then others, but still a ZigZag indicator...this means, if there is a new HH or LL it will move - as it should!...otherwise it doesn't work well... but the difference is hardly a big one... because the signals of all indies appear seldom at the same time it doesn't matter...

2. the Cycle indi has had a little bug in it...now it is fixed... but - it has refreshing problems...therefore i have to refresh it manualy before i "read" the signals!...

the FFT indi doesn't have problems as long as the AO indicator works well...
it transforms the AO-data into a "descrete" form ...you can open the AO indi below the FFT indicator and compare it for yourself... try it with PastBars-settings: 300 and then with 500...
the more bars it has to check/recalculate the more CPU power it uses!...so be carefull...


i don't have reports, because i was looking long time for a stable system for higher TFs , because i don't want and can't sit all the time im front of the monitor...tried different indies, systems etc...till now...the FFT indi is not a new one...i used it years ago...and now Brian remembered me of it again...
so i made a setup with the High-Low Trend indi and want to trade for a while with it...i don't expect big problems with this system...except some bad, bad news like war, or national banks interventions ... in that case my SL will be $500... this is the min i want to get as a daily profit...

would be fine if we can check this setup toghether and develop it...

regards
Cado

[cadolino]

ps: i tried similar systems with other indicators like HMA, LSMA etc. but wasn't satisfied...this one should work ... i know the FFT and how it works...

[mydone]

ok - i have 2 weeks to check it (free time) so i'll test it from tomorrow. let's go together

[cadolino]

that would be fine...

you should know, that in a week you can open a maximum of two trades per pair, when the trend changes otherwise only one -> on H4!!...patience is the key - i'm missing this most of the time...

[cadolino]

i use the FFT with BackBars set to 500 only...filters the noises of the AO better...

[cadolino]

yesterday banked only $233.98, today $727.13 with 0.2 and 0.5 lot...what i'm missing is patience and discipline...anyone sells that commodity?...need only 2 g of each...