"Hi,
Already posted,posts 36 and 42.Please read the thread and specially the rules.
PLEASE SEE ATTACHMENT(both,the first has and advanced filter and the second is the Basic,which is the relevant one,for now)-A new signal was taken at 14:15 CET,@ approx 1.9650,by the way-nice rebound on the MTF xpMASATL-with 30 pips profit.
So,those that really are willing to learn the system and that have taken-papertrade - the signals,are up approx 15 (paper)pips for the day.

The important thing is not that you are 15 pips paperpositive,this is as irrelevant as being 15 pips papernegative,for 2 trades-in fact I am 0 pips ,I didn`t trade,as explained.We are insurance companies,we go for the long term average..The important thing are your feelings when you had to short in front of a perceived uptrend..can you handle them in real life..what do you think of earning only 30 pips when the market is now @1.9514,around 132(counting the spread)pips lower..than your approx entry? If you can not stand these feelings then,even with the improvements in the advanced system,this thread will not do you any good.Please read my posts of today and you will realize that I had,from my first post of today, the nagging feeling that the market was going to reverse..This is not the important point..THE IMPORTANT POINT IS THAT I HAD THE DISCIPLINE TO FOLLOW MY ADVANCED SYSTEM AND MY PERSONAL RULES(trading on Fridays,news,etc.)AND DID NOT TRADE,I LEFT MY EGO AT THE DOOR,BECAUSE I KNOW THAT TODAY`S COST OF OPPORTUNITY IS LOWER THAN THE ACTUAL LONG TERM COST OF BREAKING MY RULES.SO,PLEASE HAVE THE DISCIPLINE TO FOLLOW,TEMPORARILY THE RULES,AND PAPERTRADE THE BASIC SYSTEM.

By the way,nobody yet has asked about position size and money managent..it makes me wonder..do any of you has actually papertraded the BASIC SYSTEM,according to the rules?if yes,which position size relative to the (paper) account value?Please , we need volunteers that explain their reasoning .

I will be very thankful if somebody can explain his/her experiences..

Believe me,it does not make me any good reverting,temporarily,to the Basic system mindset when my trading focus is automatically based on the advanced system..and,believe me ,the advanced is going to do you no good,if you do not DRILL,BY PRACTICE,THE BASIC SYSTEM..and,believe me again,real life trading with a system not your own,becomes impossible unless you have it internalized,know- experience,even paper experience is better than no experience-its defects and virtues..just check the second pic,imagine that your money is on the table,the feeding of your family lifestyle depends on it,do you think you really have the balls to sell ?@1.9650 because somebody nicknamed SIMBA tells you that "QUOTE" "2-As per the basic system we are in downtrend mode,at least until end of 4h bar ,so we wait for a sell signal in the %R ,when it goes above-5". "UNQUOTE" NO WAY,EVEN I COULD NOT(and I am the one nicknamed SIMBA ,UNLESS I HAD INTERNALIZED BY A GRADUAL DRILLING PROCESS THAT STARTS WITH BASIC PAPERTRADING..AND ENDS..never,you just proceed step by step,please do the drills.


Regards,
SIMBA

Attached Images

	simbabasic5m newsignal15dec06.gif (12.7 KB, 1149 views)
	simbabasic5m newsignal15dec06basic.gif (12.8 KB, 1077 views)

Hello,

first thanks for this wonderful method.

Secondly i have a question,
the indicator ''xpMA_v2SATL'', does this indicator repaint itself? (cause it looks so good lol)

Hi,

This is a MULTIPLE TIMEFRAME INDICATOR,so you are using 4Hours indicator on 5M timeframe-ONCE THE 4HOUR PERIOD ENDS(48* 5 minute periods)-the indicator colour is fixed.
During the 48 5 M periods,indicator can change colour(normally not,but ,in case of potential trend change or temporary increase in volatility it changes)
So,in practical terms,the colour that starts the 4H(48 5 minutes )period is the one that is valid for signals and trading.

Regards,
SIMBA

Simba see picture .... you just let the cat out of the bank

Attached Images

1001.gif (22.7 KB, 1457 views)

Hi Zapco,

Nice picture,can you elaborate on it?
Is it an improvement on my system?If so,please explain its logic,it looks interesting.If not ,please explain your reasoning behind your post.

I didn`t know you put cats in the bank

Regards,
SIMBA

Hi Simba , You have something something in these system that you realize or not .... As we can see all your indi and strategy and the market it self ,work nice today so It work .. It work like never before . If I like to play whit s & R same thing ..I like to trade lower time frame cos it eazy and can jump in any time and out as sson as got 15 to 20 pips just like what you expacting and small stop loss almost non sl but still put it there just for technical reazon. Cheeers

Hi Zapco,

Again..see if you find the attached pic interesting,it will "probably" go up,but the 3 trends are down,so,what do we do..Discipline is the answer,we wait to sell a peak in a downtrend or buy a dip in an uptrend..

Please inform about your previous pic,it looks an improvement,shall we share it?

Regards,
SIMBA

Attached Images

interesting pic.gif (15.8 KB, 1521 views)

Dear Mr Simba,

How do you add an alert / alarm to the williams percent range indicator when above and below -5% / -95%. Many thanks in advance. It gave some great signals on my first day of discovering this system.

Thanks again.

Simba , anything can happen at 5 min bar there s the beauty of it ... for now as the typoon is over let just sit in . Ok your rules is for big time frame ..and 5 min bar is like break out strategy . Bigger tf will give you 1 or 2 good trade in 1 day ...if any ... .YES 5 min tf and 1 min tf is trickky bizznez . Try to post your indi see I can help you to tweek it . Your system work fine , you just dont know it . sent me a line if you like . Cheeers

Thanks simba.
Btw what are those ''change like the wind my friend..'' indicators? Could you post those please?

Thanks!