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10.6 EDSEL
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Author:  nanningbob [ Fri Mar 21, 2014 4:37 pm ]
Post subject:  10.6 EDSEL

This is what daily trades look like just CSS with STO 7 trades. This is dependent that STO 7 SET at 90 isnt giving a bunch of false signals but the TMA would help eliminate that. Long runs though are not well read with these two indis though. CSS 4H reads however might work well with daily STO7 and TMA reads. I dont know if I could hang in there for 3-5 days as price goes all the way down to the bottom line.
Author:  nanningbob [ Fri Mar 21, 2014 4:38 pm ]
Post subject:  10.6 EDSEL

I am done for the day night.
Author:  alorente [ Fri Mar 21, 2014 4:38 pm ]
Post subject:  10.6 EDSEL

art » Fri Mar 21, 2014 5:11 pm wrote:alorente, marvellous stuff, yourself ,bob and bold trader, if us novices cant get some success, with all this knowledge, might as well give up, anyway i am finding loading indies onto the new platform a problem some load others dont, i got your template and the bars back indies loaded, but the fast tma is just greyed out, your thoughts, thank you
Wow !! That´s why I never upgraded my platform to 600. I really don´t know how to solve your problem. Maybe the techies in the thread can help...
Author:  milanese [ Fri Mar 21, 2014 4:46 pm ]
Post subject:  10.6 EDSEL

alorente » Fri Mar 21, 2014 4:38 pm wrote:
art » Fri Mar 21, 2014 5:11 pm wrote:alorente, marvellous stuff, yourself ,bob and bold trader, if us novices cant get some success, with all this knowledge, might as well give up, anyway i am finding loading indies onto the new platform a problem some load others dont, i got your template and the bars back indies loaded, but the fast tma is just greyed out, your thoughts, thank you
Wow !! That´s why I never upgraded my platform to 600. I really don´t know how to solve your problem. Maybe the techies in the thread can help...
Ok this is the modified FastTMALine.mq4 working with the 6xx build..
FastTMALine.mq4
Cheers :)

Tommaso
Author:  alorente [ Fri Mar 21, 2014 4:52 pm ]
Post subject:  10.6 EDSEL

nanningbob » Fri Mar 21, 2014 5:33 pm wrote:Here is my first rough thoughts of using TMA (numbers adjusted for quicker reaction using TMA true so lines dont change once candle is closed) instead of DP line. STO7 is changed to 90/10 for warnings. TMA top broken STO 7 signal. 10.6 readings with 4H CSS. gbp/nzd run.

1. First 10.6 read price touches the GREEN 60 MA showing range period entered. Trading both directions viable but only going to show trend trades. So we are looking at sells.
2. STO 7 now is in play. Warning given when price crosses the 90 line. YELLOW
3. Confirmation that price has breeched the top TMA line.
3a. pending sell trade is then set at xxx.000 or xxx.050 line.
3b. TP goal is the bottom line or use CSS or xxx.000 or xxx.050
4. CSS read tan nzd is higher than blue GBP so it is stronger showing sell only.
5. Trade series ends with CSS nzd and gbp touch or cross OR price touches green MA showing range area entered again.

Start new trades with STO 7 signal and breech of TMA or ride CSS signals until nzd and gbp cross, near, or touch. 6 total trades in a 4 week period. All go hundreds of pips but that is gbp/nzd very volatile.

This is strictly an idea at this point. DP is removed and replaced with TMA

4 reads to enter a trade.
1. 10.6 range or trending read.
2. TMA read
3. STO 7 read
4. CSS read

ALL agree go. This does not work on 1H.
Looks really interesting, Bob. The only drawback I see is that you have to work on only one pair and you may not get as many trades as I´m getting now with my 20 charts on the screen. Here is the setup I have on one of my three monitors...
Author:  Pipstubborn [ Fri Mar 21, 2014 5:05 pm ]
Post subject:  10.6 EDSEL

alorente » Fri Mar 21, 2014 10:38 am wrote:
art » Fri Mar 21, 2014 5:11 pm wrote:alorente, marvellous stuff, yourself ,bob and bold trader, if us novices cant get some success, with all this knowledge, might as well give up, anyway i am finding loading indies onto the new platform a problem some load others dont, i got your template and the bars back indies loaded, but the fast tma is just greyed out, your thoughts, thank you
Wow !! That´s why I never upgraded my platform to 600. I really don´t know how to solve your problem. Maybe the techies in the thread can help...
Good to see you here Al, never stopped using the TMA bands and slope although little hard to understand for my stubborn head.

I feel blessed by finally having the three jewels of the Crown.... Bob, Boldtrader and Alorente together on this thread.

Great weekend for all
Author:  art [ Fri Mar 21, 2014 5:10 pm ]
Post subject:  10.6 EDSEL

tomasso youre also my hero, thanks :clap:
Author:  xrismak [ Fri Mar 21, 2014 7:14 pm ]
Post subject:  10.6 EDSEL

Alorente,
I have Heard about you and I have read a bit on your work over the last Couple of Months, I am A Bit of A Naked Trader on the Smaller Time Frames, but Now my Regular Day Job as in Work in the Engineering Field helping to run the London Underground Tube/Train Network is Beginning to take most of my Time so I am going to be Shifting Base to Back to Long Term Trades with Smaller Lot Sizes since I Trade A Live ACCOUNT, I must Admit even though I trade mostly with Minimal Indicators on my Platform I use Nanningbob's Indi's to See where the General Overall Trend is with Pairs that I like to Trade on the Smaller Time Frames. Al, having you on this Thread makes me Want to Explore and Mix Systems with the Little Knowledge I already have and See what else I can Also Add to make everyone here Profitable with their Trades.I like your Trading Style as Well as Bob's with the Tiny Lot Size thinghys so I will be Hanging Around a bit more on this Thread although I haven't been on this Thread for a While but this is going to be Fun and a Rather New Learning Curve for me, it's Great to See you here and I Hope I can Beat your 86 Trades Record Shortly, I like Challenges....

Happy Trading Y'all,

xrismak. :youknow:




alorente » Fri Mar 21, 2014 12:50 pm wrote:
lionsden » Fri Mar 21, 2014 1:38 pm wrote:Alorente,

I am glad to see you here. I have followed your Extreme TMA thread in its early stages to Bob which uses the roots of the Slope experimentation from your thread into the now dominant and well engineered CSS. With Bob and your guidance I have become more confident in my trading to date. I hope to surpass the 86 trade record one day as a goal. So far I am only up to 21. As I remember you are quite the scalper. If you could shed more light on the topic using these tools that would be greatly appreciated.

I thank you and Bob personally for your time and dedication to the trade. You gents will truly continue to be rewarded by your generosity.

Thanks!
Lionsden
Hello Lion !! I remember you well...

Yes. I scalp a lot, which makes the 86 trades easier to understand. As long as I get 10 to 20 pips I am happy, so many times I will exit trades before I should, but I feel more relaxed doing so than holding on. Remember that I don´t use stop losses (Only at 200 pips for emergencies), so sometimes I will get into drawdown before the trade does what it is supposed to do. That is not for everyone...

The key is to trade small enough that you can give a trade time to do its thing. I also withdraw profits from the account every week, so the most I can lose is the balance on the account. Again, I do this for peace of mind... A relaxed trader is a profitable trader...
Author:  alorente [ Fri Mar 21, 2014 7:54 pm ]
Post subject:  10.6 EDSEL

xrismak » Fri Mar 21, 2014 8:14 pm wrote:Alorente,
I have Heard about you and I have read a bit on your work over the last Couple of Months, I am A Bit of A Naked Trader on the Smaller Time Frames, but Now my Regular Day Job as in Work in the Engineering Field helping to run the London Underground Tube/Train Network is Beginning to take most of my Time so I am going to be Shifting Base to Back to Long Term Trades with Smaller Lot Sizes since I Trade A Live ACCOUNT, I must Admit even though I trade mostly with Minimal Indicators on my Platform I use Nanningbob's Indi's to See where the General Overall Trend is with Pairs that I like to Trade on the Smaller Time Frames. Al, having you on this Thread makes me Want to Explore and Mix Systems with the Little Knowledge I already have and See what else I can Also Add to make everyone here Profitable with their Trades.I like your Trading Style as Well as Bob's with the Tiny Lot Size thinghys so I will be Hanging Around a bit more on this Thread although I haven't been on this Thread for a While but this is going to be Fun and a Rather New Learning Curve for me, it's Great to See you here and I Hope I can Beat your 86 Trades Record Shortly, I like Challenges....

Happy Trading Y'all,

xrismak. :youknow:




alorente » Fri Mar 21, 2014 12:50 pm wrote:
lionsden » Fri Mar 21, 2014 1:38 pm wrote:Alorente,

I am glad to see you here. I have followed your Extreme TMA thread in its early stages to Bob which uses the roots of the Slope experimentation from your thread into the now dominant and well engineered CSS. With Bob and your guidance I have become more confident in my trading to date. I hope to surpass the 86 trade record one day as a goal. So far I am only up to 21. As I remember you are quite the scalper. If you could shed more light on the topic using these tools that would be greatly appreciated.

I thank you and Bob personally for your time and dedication to the trade. You gents will truly continue to be rewarded by your generosity.

Thanks!
Lionsden
Hello Lion !! I remember you well...

Yes. I scalp a lot, which makes the 86 trades easier to understand. As long as I get 10 to 20 pips I am happy, so many times I will exit trades before I should, but I feel more relaxed doing so than holding on. Remember that I don´t use stop losses (Only at 200 pips for emergencies), so sometimes I will get into drawdown before the trade does what it is supposed to do. That is not for everyone...

The key is to trade small enough that you can give a trade time to do its thing. I also withdraw profits from the account every week, so the most I can lose is the balance on the account. Again, I do this for peace of mind... A relaxed trader is a profitable trader...
Hello Xris,

I see from the charts you posted that you use the Trader´s Dynamic Index. I tried it for a time but in the end I gave up on it. Simply too many false signals for my style of trading. If you are looking for a set it and forget it style of trading, I would stick to H4 or D1 and use the TSI (True Strength Index). It is simple to use and very accurate. I am attaching my version of it and a template. Pick a pair, determine the trend with Bob´s 10.6 Daily and enter the trade in that direction when the TSI is above 25 for shorts and below -25 for longs on the close of the bar where it changes direction. For exits, simply trail the stop just under the last retrace. This is a simple system that will make you steady profits. I am attaching a pic of GBPUSD in H4 TF. You would have had 4 trades since last September and they would have made you tons of pips by simply trailing your stop 20 pips under the last swing low.

Have fun with it.
Author:  nanningbob [ Sat Mar 22, 2014 1:07 am ]
Post subject:  10.6 EDSEL

alorente » Sat Mar 22, 2014 12:52 am wrote:
nanningbob » Fri Mar 21, 2014 5:33 pm wrote:Here is my first rough thoughts of using TMA (numbers adjusted for quicker reaction using TMA true so lines dont change once candle is closed) instead of DP line. STO7 is changed to 90/10 for warnings. TMA top broken STO 7 signal. 10.6 readings with 4H CSS. gbp/nzd run.

1. First 10.6 read price touches the GREEN 60 MA showing range period entered. Trading both directions viable but only going to show trend trades. So we are looking at sells.
2. STO 7 now is in play. Warning given when price crosses the 90 line. YELLOW
3. Confirmation that price has breeched the top TMA line.
3a. pending sell trade is then set at xxx.000 or xxx.050 line.
3b. TP goal is the bottom line or use CSS or xxx.000 or xxx.050
4. CSS read tan nzd is higher than blue GBP so it is stronger showing sell only.
5. Trade series ends with CSS nzd and gbp touch or cross OR price touches green MA showing range area entered again.

Start new trades with STO 7 signal and breech of TMA or ride CSS signals until nzd and gbp cross, near, or touch. 6 total trades in a 4 week period. All go hundreds of pips but that is gbp/nzd very volatile.

This is strictly an idea at this point. DP is removed and replaced with TMA

4 reads to enter a trade.
1. 10.6 range or trending read.
2. TMA read
3. STO 7 read
4. CSS read

ALL agree go. This does not work on 1H.
Looks really interesting, Bob. The only drawback I see is that you have to work on only one pair and you may not get as many trades as I´m getting now with my 20 charts on the screen. Here is the setup I have on one of my three monitors...
You also dont have the TMA settings I am using at this time. The TMA settings you have would produce the same results with gbp/nzd. I will try to get to this but first I must get ready for the parents meeting Wednesday night. I have to have all the paperwork for next years enrollment done and approved by the new owners before I get back to this. So this is going to take a while. Send me a PM and I can send you the source code of the new TMA settings and you can play with it while I do bookwork. :)
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