10.7

[alorente]

Thanks, I am better every day...

Yes. Not trading on Monday and the Asian Tuesday session is an option, but as you say, not very realistic considering the level of our addiction to this... For now, I am going with signals from 10.6 for Monday while I watch 10.7 and get a feel for when you can fully trust it. In the example I mentioned from your picture, it is actually even worse, because the system is giving you buy signals even though it is showing divergences in Sto7, so if it drops tonight you will end up with a loser. I believe you have to be very patient with 10.7 until a trend is established. I totally agree with Bob that once the trend is established for that week, it usually continues till Friday so there is great logical merit to 10.7. The Forex crowd seems to think one week at a time...

Hi Al, wonder whether you could clear this up for me ; i'm still confused as to how one would know daily / weekly trend has been established?

I am trying to get a feel for the system as much as you are. I can´t say when you get to the point where trend is established for the week. I also, like Bob, got caught on the wrong side of AudUsd. I entered short and got taken for a ride north. I´ll keep at it until I get this right. I am also trying to determine whether to follow CSS in H4 or D1. Many times they issue conflicting signals. In theory, H4 should give you an earlier indication of strength, but sometimes it doesn´t work that way and D1 ends up carrying the day.

Even though I put the 4H and Daily CSS together. I really just use the Daily CSS. Sooner or later price moves in the direction it is pointing. AUD on top EUR on the bottom sell. 10.7 however did show the retrace in the DT and hopefully today the DT continues. It is how I played it last week and it was really good. The thing I got was the better entrances and going into profit quicker instead of having some backup first. This lead to bigger pip profits on my trades. Right now my feeling is to continue using 10.6 and allowing 10.7 determine my entrances.

The real issue now is we are only 9 days since I showed a bunch of guys. I cant believe what this looks like. Now we trade it in real time. I mean trading 1 penny per thousand I have increased my account by 1%. Now that is kind of unreal trading that small. That puts me on a pace to make almost 5% for the month with literally no risk. For those that dont understand that number, it would mean I would have to lose 100,000 pips to wipe out my account. To get a 1% increase means I have won close to a 1000 pips in 9 days. The real key for me though is basicaly no DD during this time from using this. Closing out those trades when the lines switch or go the wrong way from the TL line has given me some confidence in the calls of the system. But the real rewards came later in the week as direction was set and you could just fire away. Anyway let it prove itself. That is all we can do and yes there is uncertainty early in the week but later jump on the train. At least I hope that happens again this week.

Believe me, I think this is a breakthrough. I just have to get it through my thick head... I will, though, I know I will. Thanks for what you have done. I am taking down all of my other systems and concentrating on this full time...

[milanese]

My I b f x trade analyzer is not working and they have not fixed it yet. Does anyone else have something similar.

You can try the attached EA it is an EA modified for working on 6xx builds..

TradeAnalyzerEA_6xx.mq4

Cheers

Tommaso

[effluvium]

OK eur/aud picked up some pips on this one yesterday. It didnt reach the 60 MA yet so the trend trade still is on. If it breaks back into the DT (CSS read aud on top and eur on bottom) you will see the red W2.1 and yellow 2.1 slam back to the bottom and STO7 give a sell signal and the trend line break all around the same time. Then AL will get his prediction come true. 10.7 will give you a good entrance on the trade and you will be smiling from here to the bank.

Bob, you've said that EURAUD W2.1 will go back to the bottom. I have just noticed that it's still at the top, whereas the Daily Stock dropped to the bottom. So if we consider the rules here, no Trade because Daily and Weekly Stoch don't agree. And in this situation we're missing a nice SELL move. How could you explain this situation ? If we see, the weekly Chart is taking learly a south direction

[fok]

Thanks, I am better every day...

Yes. Not trading on Monday and the Asian Tuesday session is an option, but as you say, not very realistic considering the level of our addiction to this... For now, I am going with signals from 10.6 for Monday while I watch 10.7 and get a feel for when you can fully trust it. In the example I mentioned from your picture, it is actually even worse, because the system is giving you buy signals even though it is showing divergences in Sto7, so if it drops tonight you will end up with a loser. I believe you have to be very patient with 10.7 until a trend is established. I totally agree with Bob that once the trend is established for that week, it usually continues till Friday so there is great logical merit to 10.7. The Forex crowd seems to think one week at a time...

Hi Al, wonder whether you could clear this up for me ; i'm still confused as to how one would know daily / weekly trend has been established?

I am trying to get a feel for the system as much as you are. I can´t say when you get to the point where trend is established for the week. I also, like Bob, got caught on the wrong side of AudUsd. I entered short and got taken for a ride north. I´ll keep at it until I get this right. I am also trying to determine whether to follow CSS in H4 or D1. Many times they issue conflicting signals. In theory, H4 should give you an earlier indication of strength, but sometimes it doesn´t work that way and D1 ends up carrying the day.

Even though I put the 4H and Daily CSS together. I really just use the Daily CSS. Sooner or later price moves in the direction it is pointing. AUD on top EUR on the bottom sell. 10.7 however did show the retrace in the DT and hopefully today the DT continues. It is how I played it last week and it was really good. The thing I got was the better entrances and going into profit quicker instead of having some backup first. This lead to bigger pip profits on my trades. Right now my feeling is to continue using 10.6 and allowing 10.7 determine my entrances.

The real issue now is we are only 9 days since I showed a bunch of guys. I cant believe what this looks like. Now we trade it in real time. I mean trading 1 penny per thousand I have increased my account by 1%. Now that is kind of unreal trading that small. That puts me on a pace to make almost 5% for the month with literally no risk. For those that dont understand that number, it would mean I would have to lose 100,000 pips to wipe out my account. To get a 1% increase means I have won close to a 1000 pips in 9 days. The real key for me though is basicaly no DD during this time from using this. Closing out those trades when the lines switch or go the wrong way from the TL line has given me some confidence in the calls of the system. But the real rewards came later in the week as direction was set and you could just fire away. Anyway let it prove itself. That is all we can do and yes there is uncertainty early in the week but later jump on the train. At least I hope that happens again this week.

Believe me, I think this is a breakthrough. I just have to get it through my thick head... I will, though, I know I will. Thanks for what you have done. I am taking down all of my other systems and concentrating on this full time...

Dito,

I did throwaway my beloved MTF Stochastics, worked with it for a long time. But Bob's new MTF Stochastics is better, I love the fast higher TF's through the settings k-period=2 and d-period=1. Combined with any other method this thingy should help to make consistent money.

Thanks Bob, Milanese and all, anywhere else this baby would be expensive sold but we can adopt it for free.

Cheers, fok

[alorente]

My I b f x trade analyzer is not working and they have not fixed it yet. Does anyone else have something similar.

You can try the attached EA it is an EA modified for working on 6xx builds..

Cheers

Tommaso

Tommaso, regarding the alerts of the new Stoc indi, I am getting entry alerts even though the daily and the weekly are on the wrong side. The alerts are only taking into account the crossing of the levels of Sto7. Is there a way to only get the alerts on crossing when the daily and weekly agree? I have the UseOnly7.2Entry Alert set on False.

Thanks.

[milanese]

My I b f x trade analyzer is not working and they have not fixed it yet. Does anyone else have something similar.

You can try the attached EA it is an EA modified for working on 6xx builds..

Cheers

Tommaso

Tommaso, regarding the alerts of the new Stoc indi, I am getting entry alerts even though the daily and the weekly are on the wrong side. The alerts are only taking into account the crossing of the levels of Sto7. Is there a way to only get the alerts on crossing when the daily and weekly agree? I have the UseOnly7.2Entry Alert set on False.

Thanks.

I will take a look I don't have here on D1 or W1 those "false" alerts, which TF you are using?

Cheers

Tommaso

[alorente]

My I b f x trade analyzer is not working and they have not fixed it yet. Does anyone else have something similar.

You can try the attached EA it is an EA modified for working on 6xx builds..

Cheers

Tommaso

Tommaso, regarding the alerts of the new Stoc indi, I am getting entry alerts even though the daily and the weekly are on the wrong side. The alerts are only taking into account the crossing of the levels of Sto7. Is there a way to only get the alerts on crossing when the daily and weekly agree? I have the UseOnly7.2Entry Alert set on False.

Thanks.

I will take a look I don't have here on D1 or W1 those "false" alerts, which TF you are using?

Cheers

Tommaso

Using H1.

[alorente]

My I b f x trade analyzer is not working and they have not fixed it yet. Does anyone else have something similar.

You can try the attached EA it is an EA modified for working on 6xx builds..

Cheers

Tommaso

Tommaso, regarding the alerts of the new Stoc indi, I am getting entry alerts even though the daily and the weekly are on the wrong side. The alerts are only taking into account the crossing of the levels of Sto7. Is there a way to only get the alerts on crossing when the daily and weekly agree? I have the UseOnly7.2Entry Alert set on False.

Thanks.

I will take a look I don't have here on D1 or W1 those "false" alerts, which TF you are using?

Cheers

Tommaso

For example, I just got a Buy alert of UsdChf upon cross of level 10, even though the daily and the weekly are both sell only at the moment.

[Wavegarrick]

Hi Guys so far getting some nice trades off 10.7 currently locked in with 15 pip jump stop at 48 pips profit. I like the breakout of the Tdm lines with the stochs turning up from the bottom and trading into the direction of 10.7 stochs

[alorente]

My I b f x trade analyzer is not working and they have not fixed it yet. Does anyone else have something similar.

You can try the attached EA it is an EA modified for working on 6xx builds..

Cheers

Tommaso

Tommaso, regarding the alerts of the new Stoc indi, I am getting entry alerts even though the daily and the weekly are on the wrong side. The alerts are only taking into account the crossing of the levels of Sto7. Is there a way to only get the alerts on crossing when the daily and weekly agree? I have the UseOnly7.2Entry Alert set on False.

Thanks.

I will take a look I don't have here on D1 or W1 those "false" alerts, which TF you are using?

Cheers

Tommaso

For example, I just got a Buy alert of UsdChf upon cross of level 10, even though the daily and the weekly are both sell only at the moment.

Maybe it is because I have ShowCountertrend on true. I just set it on false to see if that is the problem.