10.7

[slowkey]

Bob

I have a lot of reading to do here to catch up with your ideas in this 10.7. I am very interested and looking forward to testing them out. I suspect it is just what I have been looking for and as usual you are making things simple for the rest of us.

Thanks ... Doug

[boldtrader]

Another Mean Reversion Long @ -1 ATR to +1 ATR with 10.7 setup, +48 pips.

Boldtrader,

These are both really helpful examples of combining 10.7 with ATR channels for mean reversion. Could you share your ATR settings for the indi for use on the M30 and H1 timeframes? I have Bob's settings to follow the 60LWMA on H4 but despite the fact that LWMA's should be replicable on multiple timeframes with the right scaling I just can't get the channels to even nearly agree. ie. price that is over extended in terms of ATR on H1 is barely past the first band on H4. Is it even possible?

Any help much appreciated.

ATR settings used on Periods H4, H1...

PeriodsATR 500
MA_Periods 60 (Corrected)
MA Type 3
Mult_Factor1 1.61852
Mult_Factor2 3.26704
Mult_Factor3 4.85556

For Daily MA_Periods: I change the MA_Periods to 15. Can also use 13 (Fib sequence #)

Boldtrader,

Thanks for sharing your settings for these - interesting that you use 89 on the daily to match the cycles. I spent a lot of time looking into Steve Copan's work on market cycles but never really got it to work for me - more patience required I think!

What might be of interest is that I've managed to get my H4 and H1 ATR lines to agree. Obviously the Period for the MA on the H1 increases to 240 so that it draws the center line in the same place on both charts. For some reason, (mathmaticians over to you) the multiplier factors only need to be doubled. So if you use the following setting on two instances of the indi, you get the same lines, in the same place relative to price on both the H1 and H4 charts. Not for everyone but just thought I'd share.

FOR H4:

PeriodsATR 500
MA_Periods 60
MA Type 3
Mult_Factor1 1.61852
Mult_Factor2 3.26704
Mult_Factor3 4.85556

and FOR H1:

PeriodsATR 2000 (same absolute timeframe as H4 - but make sure you've got the history loaded)
MA_Periods 240
MA Type 3
Mult_Factor1 3.23
Mult_Factor2 6.52
Mult_Factor3 9.71

Great Info. Thank you. I don't use H1 too often, so I just keep the main settings... but this works also.. I have gotten so used to seeing H4+ values, that I just mark my charts with the MST levels automatically and trade to those levels based on HTF ATR levels. But nice to see the conversions. Great job..

Yes, I am a big cycles fan.. with emphasis on Pythagorean Theorems, GANN Cycles (original works), Murrey Math, and others.. My favorite books: "God Created The Integers" - Hawkin; Then, "Analysis of Time Series Structure - SSA and Related Techniques" by Nina Golyandina, et. al.. I use this in some of my Indi's for R language forecasting indi's. This book is about Statistics and Applied Probability 90.

Then, Isaac Newton's "The Principia -Mathematical Principles of Natural Philosophy". From this book, with Applied Statistics came the OBI_WAAN indicator. Next... "Pattern, Price and Time" Using Gann Theory in Trading Systems, by James Hyerczyk and "All About Technical Analysis" by Constance Brown.. Constance is big on the use of Fib Structure and Analysis. You will learn a lot on this read. And I have many others.. including Murrey Math time series analysis, GANN Cycles and Trading Commodities - WD Gann's original works.

These above are some of my favs along with my own works.. have many more.. but these in my opinion make for the most boring but most learned info you can get on trading overall. There are many others, great books, techniques, etc.. but for me, these are my best.. I like to read.. and write.. and trade.. The greatest read of all ? This great forum.


Cheers

[boldtrader]

@boldtrader

It´s always a pleasure to read your posts. If you are used to 'reverse to the mean' trading and fibos, perhaps could be of your interest to take a look to this indi based on Pitchfork. I found it in a russian forum on harmonic trading. You can find more recent versions in FF but this one was created specifically for reverse to the mean traders.

Thank you. I am familiar with the ZUP series.

Thank you for taking the time to post and for considering Mean Reversion. What Bob and the Team have created here is awesome for MR trades.

Greatly appreciate your time to post.

Cheers.

[Pipstubborn]

Boldtrader, thank you very much for sharing your experience and insights, very inspiring and encouraging.

Question, what means OBB? and would you be to kind to share the indi that calls for a turn 0ne Bar before?

Thanks again for been a key part of this team and same goes for Alorente.

[rosst]

...10.8 I am going to trade just in the direction of positive swaps. A year of trading with positive interest over a year will add up. That means I will CT trade when they are going against the trend and trend trade with the trend.

...

http://www.dailypfennig.com/2014/04/10/oops-say-loud/

He says:
The Carry Trade is BACK! Pulled from the ashes and embers of burned investors of the past, the Carry Trade is picking up the pieces and coming back strong! Here’s the skinny… The Carry Trade is the name that’s placed on a trade where a low yielding currency, like yen or dollars, are sold short, and the funds produced are used to buy a high yielding currency, like real, rand, Aussie dollars (A$), and so on… I truly believe that this kind of trading is what is lifting the Brazilian real from the junk pile… And it’s what’s pushing the envelope of dollar weakness… - See more at: http://www.dailypfennig.com/2014/04/10/ ... 7iPDs.dpuf

Should there be a thread for 10.8?

[lionsden]

If you want to CT trade or catch the fade as some would say. Using 10.7 with Boldtrader's COG_TMA (I narrowed the lines some so price would go outside the lines) You would wait until price is outside the lines. The daily D2.1 shoots to the top and the red stays on the bottom (Its retracement day) Catch the cross up on the STO7 and away you go. That is a very solid CT trade. These you watch closely and take your profit because the next day price may go back into its trend. The D2.1 if it goes back to the bottom with the red line then you have a nice trend trade. If you play this indi right you can be trading price action all day long. The only thing you would have to be careful of is the sudden unexpected news story. usd/jpy below.

Does USDJPY look like a CT trade on 30M once the Daily goes to other side on 10.7 ?

thanks
Lance

[Anthar]

Hi guys, an overwhelming amount of useful info is being poured in here, and I'm struggling to absorb it all while I can take the next step towards my learning process.
To try and use what 10.7 presents me I've kept my old 10.6 charts and added this fabulous indi. Now I've seen there are times when I get a signal on H1 and then I go and watch other timframes, H4 for instance, and I see that while H1 is giving me a clear bull, on the H4 Sto7 is crossing 70 downwards, this doesn't mean I'm getting contradictory signals, as D1.2 and W1.2 are on top on both TF, but I'm using this observations to get a feel of the market cycles and how it would affect my trading across different TF.

Here is an example of that on AUDUSD.

[spotdespot]

Does USDJPY look like a CT trade on 30M once the Daily goes to other side on 10.7 ?

thanks
Lance

Lance - the daily won't be crossing over any time soon. The daily open was around 101.95 - 45 pips away before price crosses it and the daily crosses over.

Cheers,
Dave.

[lionsden]

Does USDJPY look like a CT trade on 30M once the Daily goes to other side on 10.7 ?

thanks
Lance

Lance - the daily won't be crossing over any time soon. The daily open was around 101.95 - 45 pips away before price crosses it and the daily crosses over.

Cheers,
Dave.

OK thanks for that info. Now i understand how that moves clearly.

Lionsden

[nanningbob]

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