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MTF Trading System - fxozgirl Higher Time Frame spinoff
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Author:  Cherry [ Sun Sep 28, 2014 3:49 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

Dave I like and use your histo crossover. :good: It's great to have the W1 on the D1 chart. I do still have the old arrows on my W1 as well, as the visual on the actual chart is also good.

John thanks for the reminder about the strength of signals. It's something we should keep in mind but perhaps a bit harder for Shelley to make rules for that can be automated.
Your comment "On this occasion we were entering at the cross and that in itself is dangerous." Were you referring to the cross of 1 and 20? If so how do we know we're entering on the cross if the lines are not on the chart and we only get an arrow? Sorry, maybe a stupid question but I'm asking anyway! :?

Perhaps a little more discussion in this thread when a signal happens that is not 'strong' will enable us all to make better decisions?
Author:  johnf [ Sun Sep 28, 2014 12:12 pm ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

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Author:  intcust [ Sun Sep 28, 2014 5:19 pm ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

spotdespot » Sat Sep 27, 2014 3:45 pm wrote:I also find it a bit odd that I provided an indicator that doesn't repaint (as there is no reason once a week is over that it should) but no-one seems to be using it and people are still concerned about repainting arrows.

Spotdespot,

As anyone can tell I like the no repaint. When I look at history I like to look at what really happened not a recreation. But John and Shelly seem to think that repaint is no big deal and John goes to great lengths to explain why. I would prefer no repaint but since it is on the weekly it probably does not matter much in the long run. This is minor issue. It is a good thing that a minor issue is the major problem we have. I think we are all trying to get to the same place and will if we work together.

Thanks,

Tom
Author:  johnf [ Mon Sep 29, 2014 2:28 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

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Author:  fxozgirl [ Mon Sep 29, 2014 2:44 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

I didn't get a chance to post the trades I took this morning, but just checked in from work and I'm up just over 2000 pips, thanks to the NZD crashing. I''ve managed to log onto my PC with team viewer and locked in as much as I could (in accordance with the rules). :yahoo: :clap:
MTF_results_29.9.2014.png
I will post all trades tonight after work...

Edit: btw I did close the audnzd sell & took a buy :smile:
Author:  Cherry [ Mon Sep 29, 2014 2:57 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

Fantastic Shelley!!
Once again I took what I thought was the cautious approach... and waited to see if there would be a pullback on AUDNZD, also most others... so totally left out again. :arrrg:
Especially after John's comment about Monday opens...
Yes closed AN when I realised it was going up.
Author:  zader [ Mon Sep 29, 2014 7:58 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

fxozgirl » Mon Sep 29, 2014 2:44 am wrote: Edit: btw I did close the audnzd sell & took a buy :smile:
:clap: I only wish the EA had done the same thing but for some reason it didn't :arrrg: more bugs to hunt down, it closed OK but then didn't open a new trade with all the rules met, I can only think that when it checked for a new trade the old one was still open so did nothing and I was just thinking of using it live as well :lol:
Author:  fxozgirl [ Mon Sep 29, 2014 8:09 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

Cherry » Mon Sep 29, 2014 12:57 pm wrote:Fantastic Shelley!!
Once again I took what I thought was the cautious approach... and waited to see if there would be a pullback on AUDNZD, also most others... so totally left out again. :arrrg:
Especially after John's comment about Monday opens...
Yes closed AN when I realised it was going up.

Cherry...

Why don't you trade 2 demo's...trade 1 the way you are comfortable with trading and trade the 2nd strictly by the rules. This gives you an opportunity to gain some confidence in the signals and system. Compare the results of both, and perhaps you might be able to amalgamate both methods into something you may take live. At the end of the day, it is a demo but ultimately our goal should be able to come up with a system that we have enough confidence in to take live.

Just my 2 cents...I hope you don't mind :smile:
Author:  fxozgirl [ Mon Sep 29, 2014 8:28 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

fxozgirl » Sat Sep 27, 2014 7:26 am wrote: Results at close of trading this week

Current balance: $6225.53
Floating balance: $6667.22 (approx +634 pips)

Current open trades:
AUDNZD Sell 22/9 -194 pips
AUDUSD Sell 23/9 +94 pips BE +5 pips
EURUSD Sell 25/9 +90 pips BE +5 pips
GBPJPY Buy 24/9 -102 pips
GBPNZD Buy 24/9 +261 pips JS moved to +200 pips
GBPUSD Sell 26/9 +59 pips
NZDUSD Sell 23/9 +241 pips JS moved to +150 pips
USDCAD Buy 23/9 +106 pips BE +5 pips
USDCHF Buy 25/9 +57 pips
USDJPY Buy 25/9 +22 pips
Closed the AUDNZD Sell trade this morning due to a new BUY signal -176 pips

New trades taken this morning:

AUDNZD Buy - new signal
Green arrow on weekly
3 SMMA is above 8 SMMA
Trigger candle closed above 3SMMA
4 yellow dots on MTF Moving Average indicator - confirmed at close of candle
audnzd_daily(3)_mtf.png
AUDCHF Sell - new signal
Red arrow on weekly
3 SMMA is below 8 SMMA
Trigger candle closed below 3SMMA
4 red dots on MTF Moving Average indicator - confirmed at close of candle
audchf_daily(2)_mtf.png
EURNZD Buy - new signal
Green arrow on weekly
3 SMMA is above 8 SMMA
Trigger candle closed above 3SMMA
4 yellow dots on MTF Moving Average indicator - confirmed at close of candle
eurnzd_daily(2)_mtf.png
GBPNZD Buy - new signal
Green arrow on weekly
3 SMMA is above 8 SMMA
Trigger candle closed above 3SMMA
4 yellow dots on MTF Moving Average indicator - confirmed at close of candle
gbpnzd_daily(3)_mtf.png
NZDCAD Sell - re-entry into an existing down trend
1 pullback candle, followed by 2 candles back into the trend - confirmed at close of 2nd candle
Red arrow on weekly
3 SMMA is below 8 SMMA
Trigger candle closed below 3SMMA
4 red dots on MTF Moving Average indicator - confirmed at close of candle
nzdcad_daily_mtf.png
NZDJPY Sell - new signal
Red arrow on weekly
3 SMMA is below 8 SMMA
Trigger candle closed below 3SMMA
4 red dots on MTF Moving Average indicator - confirmed at close of candle
nzdjpy_daily(2)_mtf.png
Author:  indy360 [ Mon Sep 29, 2014 8:29 am ]
Post subject:  MTF Trading System - fxozgirl Higher Time Frame spinoff

Hi Shelley,

Really like this system as the longer time frames work well for me, thanks for sharing it with us.

Are you using MPTM to manage your open orders? If so could you post a set file that you are using as I am struggling to set it up correctly. The jumping stop seems to be moving the SL to early and I am not sure what I am doing wrong!

Thanks in advance and keep up the good work.
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