MurphyMan » Tue Nov 11, 2014 7:10 pm wrote:

Hi,

It looks interesting. I've read the articales, but there isn't much mention of the other indicators you use. Would you mind explaining further on a chart with your criteria for a buy OR sell. Does it work on 15M Timeframe? I can see it in being helpful to filter out Bob's 240 EMA Signals further. Thank you in advance!

Warm regards,
AB.

I have a feeling you haven't read the thread. You do so at your own peril around these parts.

I have a feeling you haven't read the thread. You do so at your own peril around these parts.

I have read it. I'm using this alongside 10.7 actually for H4 and daily. But Michaelz previous post using CCFp has piqued my interest for short-term trading, especially scalping. Would it better if I had PM him directly? I'm sorry if finding a way to filter out the MA240 signals was against the rules.

MurphyMan » Tue Nov 11, 2014 8:01 pm wrote:
I jumped the gun on my admonition. Apologies.

Back to my corner.

michaeldz wrote:CCFp (Complex_Common_Frames percent) and CC (Complex_Common) are described in the articles. CCFp is trend following (smoother = more lagging). They work on all timeframes (from the indicator's point of view timeframe is not important), extracting informations from many currency pairs.
In the ZIP file I also included some other useful indicators:
- MTF stochastic and ASCTrend from a good manual strategy - Genesis Matrix System,
- stochastic divergence - replaces normal stochastic, but shows arrows when a dicergence occurs,
- two automatic pivots indicators (make sure You have AutoGMTOffset set to true. But it usually does not work on weekends),
- II SupDem displaying supply and demand zones (more or less accurate of course).
In the template You have two CC indis with different settings, and CCFp. Generally you could say for example: BOB's arrow UP and two indis (CC and/or CCFp) GREEN => BUY.
But of course You should also consider general trend, pivots, supply/demand, MTF and "normal" stochastic (see Genesis system).

nanningbob » Sun Nov 09, 2014 6:26 pm wrote:

fullaforex » Sun Nov 09, 2014 1:59 pm wrote:
Hi Bob,

For the very same reasons that you want to protect your signal is why I won't subscribe to or purchase signals or EA's. It puts control of one's trading in someone else's hands. It can also limit the possibility of that signal/EA being improved or enhanced by not allowing any contributions from members because of their lack of understanding of the thoughts and reasoning behind the signal/EA. Therefore "Members" become "Clients" or "Users" and the only thing they learn about trading is "When the arrow points down, SELL" and vice versa.

I believe that most Members join a Forum such as this because they want to learn and when they have learnt something they like to contribute. Just as you have. And I'm sure we all appreciate what you have done so far. I certainly do. It's not just a matter of keeping something free, but of keeping it free without limitations and in doing so, enabling this Forum's community to be able to contribute to what I'm sure is a common goal, Financial freedom.

Regards,
Fulla

Probably at some point I will let it go but right now there are just some things being developed with it that will make a major impact on our trading. These ideas need to be protected but I also want these things to remain free for all traders. I trust the people that Steve has assembled here and they are blowing me away with some possible adjustments that seem to really nail the market. Anyway, I am excited about what I am testing this week and I just want to make sure this particular idea stays with us here. We all seem to be of the same mind set on this one.

Anyway, I am packing and going to enjoy my last week in Nanning. I am not teaching so I can trade full time now for a while. Looking forward to see what happens when I dont have 50 other things to distract me from trading.

Nidolap » Fri Nov 07, 2014 8:28 am wrote:Well, this week I was trading this system on the H1 time frame, and it has given me great results. .....

jasa1975 » Fri Nov 14, 2014 12:51 am wrote:HI all

Well done Bob and thanks for your postings and hard work on the many pages i have read, real wisdom! I am pretty new to forex but have traded ES/commodities in the past using Whyckoff type trading style (no indicators, no demand bars, volume mainly). I still like this style of trading and am not bad at it, but got reading this site and really like the level of debate and collabarative approach.

I really like this indicator in testing so far, but i may not persist with it because I don't understand the logic behind it, and in order to be fully functioning trader, i must trade a system i fully understand back to front, and have some control over. I read Bob said he might reveal the logic/code behind it, maybe we could help improve it collectivly. Anyway just a thought.

I know the 10.7 system has great reviews, so i will have a look at it.

I must say that, of the countless trading books I have read and better than any indicator including the( 240MA above sell bellow) the best bit of advice i have followed is, Bob's advice on 1) lot sizeing 2) Approach to (not) using stop losses 3) sticking to 4 hr and above time frames. I can't tell you how much my mind has opened regarding these three things. It has had a DRAMATIC effect on my profitability and outlook regarding trading in general. I'm starting to think that systems/indicators although really important, are secondary to the 3 things mentioned.