Jemook wrote:

mackaozy wrote:Yep got it.. Looks like a good analysis as the basket is moving into profit already...

Up 200 pips now.

Bob's system is all about letting us know which pairs are heavily trending. It's up to us to choose when to get back in on the trend. From my experience with 10.2 the BEST time to re-enter a trending pair is when the 4H 5.1 MA gets hit (this setup is in the manual).

With Shelley we are seeing it work really well on certain days and not so well on others. I believe that if you can see some/most of the basket pairs hitting their 4H 5.1 MA then it's time to trigger Shelley.

This will also more than likely have your basket pairs at the opposite 1 HR TMA too and probably near the weekly pivots/support/resistance.

I'm still fine-tuning my entries (i entered a bit early this week for instance) but I'm getting better at knowing what to look for before triggering Shelley.

Haggadah wrote:Jemook,

When you say "before triggering Shelley" you are referring to all the pairs indicated in the "input pairs to trade"? Appreciate if you can tell us more how you time-in Shelly after hitting 4h 5.1. Have anyone here thought of using offline chart using T101_indy price history by don to team up with Shelley?

Haggadah

Jemook wrote:

Haggadah wrote:Jemook,

When you say "before triggering Shelley" you are referring to all the pairs indicated in the "input pairs to trade"? Appreciate if you can tell us more how you time-in Shelly after hitting 4h 5.1. Have anyone here thought of using offline chart using T101_indy price history by don to team up with Shelley?

Haggadah

Here's my process:

1. I put Shelley up on a screen and note which pairs it wants to trigger as a basket
2. I open up a new screen for each of the pairs and wait for them to retrace up to the outer H1 TMA band
3. I then switch on the 4h chart and wait for them to start hitting the H4 5.1 MA. We are good to go.
4. I open up classic Shelley, set 50 pips ATP (adaptive take profit) and 50 pips ASL (adaptive stop loss) and set it to trigger in a minutes time.
5. I watch as everything goes green and I do a little dance around the room (this bit is v. important).

NOTES:

Not every pair in the basket has to retrace to outer H1 TMA Band or touch the 4H 5.1 MA. But definitely at least half of them do. You can almost feel that the market is about to turn when this happens.

Jemook wrote:I watch as everything goes green and I do a little dance around the room (this bit is v. important).

Jemook wrote:

Haggadah wrote:Jemook,

When you say "before triggering Shelley" you are referring to all the pairs indicated in the "input pairs to trade"? Appreciate if you can tell us more how you time-in Shelly after hitting 4h 5.1. Have anyone here thought of using offline chart using T101_indy price history by don to team up with Shelley?

Haggadah

Here's my process:

1. I put Shelley up on a screen and note which pairs it wants to trigger as a basket
2. I open up a new screen for each of the pairs and wait for them to retrace up to the outer H1 TMA band
3. I then switch on the 4h chart and wait for them to start hitting the H4 5.1 MA. We are good to go.
4. I open up classic Shelley, set 50 pips ATP (adaptive take profit) and 50 pips ASL (adaptive stop loss) and set it to trigger in a minutes time.
5. I watch as everything goes green and I do a little dance around the room (this bit is v. important).

NOTES:

Not every pair in the basket has to retrace to outer H1 TMA Band or touch the 4H 5.1 MA. But definitely at least half of them do. You can almost feel that the market is about to turn when this happens.

1. I put Shelley up on a screen and note which pairs it wants to trigger as a basket
2. I open up a new screen for each of the pairs and wait for them to retrace up to the outer H1 TMA band
3. I then switch on the 4h chart and wait for them to start hitting the H4 5.1 MA. We are good to go.
4. I open up classic Shelley, set 50 pips ATP (adaptive take profit) and 50 pips ASL (adaptive stop loss) and set it to trigger in a minutes time.
5. I watch as everything goes green and I do a little dance around the room (this bit is v. important).

SteveHopwood wrote:I agree with Philippe; Jenook, we need to know your dance steps - clearly these are viatal.

Jenook, you clearly have a superior handle on all this. I have kept this:

1. I put Shelley up on a screen and note which pairs it wants to trigger as a basket
2. I open up a new screen for each of the pairs and wait for them to retrace up to the outer H1 TMA band
3. I then switch on the 4h chart and wait for them to start hitting the H4 5.1 MA. We are good to go.
4. I open up classic Shelley, set 50 pips ATP (adaptive take profit) and 50 pips ASL (adaptive stop loss) and set it to trigger in a minutes time.
5. I watch as everything goes green and I do a little dance around the room (this bit is v. important).

If you could just clarify what you mean by 3), I will code it into Shelley.