1. I took this KGSP indicator (some kind of filter) just to see the price in separate window. And originally this RoundPriceNE_big indicator was created to catch big trend (to have more pips than 5 or 10 for example) and RoundPriceNE_pips indicator for scalping. But I am not using this RoundPriceNE_pips for scalping (I don't know how to use). I estimate the trend (but "small" trend") using this RoundPriceNE_pips as well. If this RoundPriceNE_big is going to uptrend so we have uptrend. And if this KGSP indicator (price) is below this RoundPriceNE_big so it should be correction: indicator will come down or the price will go up. I did not look at the code but this RoundPriceNE indicators are some kind of MA (or similar with ma). RSIFilter_v1 indicator is estimating the trend as well but uptrend/downtrend is changing more often with this RSIFilter_v1. So RoundPriceNE_big indicator is more good in this case.

2. LabTrend3 is some kind of NRTR (if i understand it). There is some old thread (MT3) in this forum and it was explained that that kind of indicators were created to estimate the reversal of the trend. But we may use it for stop loss and for confirmation of the entry (aqua is uptrend). The nature of this ASCTrend system is that the system can not estimate the beginning of the trend with good confirmed entrance. We may take just some small part from the trend and in most cases the trend will be in the middle or ending. So it is very risky to enter when we see good signal on the direction of the trend which was going during the several hours already on M1 timeframe. Because of the nature of ASCTrend system in general.

3. We can. As you see from image I posted above few posts I did it. But not NRTR and ATRStops indicators. We may ignore SAR sometimes. But in this case it should be "planed" trend when all 4 currencies are going to somewhere almost simultaniously and if we have 1 fully confirmed buy (for example on EURUSD) we may look at USDCHF for sell. If nothing on USDCHF so we may wait. Because 10 pips is 10 pips. We are not going to have 50 or 100 pips with this system on M1 timeframe. If we are not sure about "planed" trend so the better way just not to trade. We can not have all "hipothetical" money in reality. We need just some pips from good trend with lowest risk. Because of nature of ASCTrend system generally (BrainTrend system is different).

But please note that GBPUSD is very independent pair (compare with EURUSD/USDCHF for example). And USDJPY is moving alone sometimes.
But I open the order when all the pairs are moving and correlation between them does not matter in this case.
For example, if you are trading EURUSD with this system you should look at all 4 pairs/charts and analyze all the entry/indicators/confirmation and everything for all 4 charts even if you are trading 1 pair only. You can not take any decision just looking on 1 chart.

4. I am trading at 5 or 6 am GMT mainly. Because movement of the price may be enough to trade in this time and we will not have any surprise/news in most cases.
We may trade any time but to trade during the news time I open D1/W1 Ichimoku chart (there is Ichimoku thread somewhere on this forum where I am posting the charts with some evaluation and, probably, there is template with indicators as well there) to estimate the direction of the trend on D1/W1 generally. Because nobody wants to get stop loss. So, I will decide using ichimoku to keep the order as is, or to close it with stop loss.

For example, the last 8 trades (on the statement) I did using Ichimoku. Because I almost got stop loss but then I opened my Ichimoku template with indicators on W1/D1 and understood that everything is ok and decided to keep the orders. And later on I re-entered two times in the same direction (it was for last 8 trades only).

Hi NewDigital thanks for ur reply,

I saw your last statement for your 4 latest statement,

2006.06.01 15:15 buy 8.00 eurusd 1.2740 0.0000 1.2797 2006.06.01 17:40 1.2797 0.00 0.00 0.00 4 560.00

2006.06.01 15:16 sell 8.00 usdchf 1.2266 0.0000 1.2208 2006.06.01 17:46 1.2208 0.00 0.00 0.00 3 800.79

2006.06.01 15:52 buy 8.00 eurusd 1.2738 0.0000 1.2797 2006.06.01
17:40 1.2797 0.00 0.00 0.00 4 720.00

2006.06.01 15:53 sell 8.00 usdchf 1.2273 0.0000 1.2208 2006.06.01 17:46 1.2208 0.00 0.00 0.00 4 259.50

I saw on the chart, it doesn't seems that u follow the ASCTrend system on the chart. Because all of them is confirm oppositely. Could you assist me why you open the opposite direction of the ASCTrend?

NRTR is Nick Rypock Trailing Reverse. It was some trading system in 2001. See image.

Rules are simple:
if we are going buy so it should be blue color with NRTR in separate window (just a dot and dot with lines) on the 1st bar, ATRStop with blue color, uptrend with SAR, blue with Labtrend3, uptrend with RoundPriceNE_big (gold color always). Also it is necessary to look at the price compare with RoundPricebig and RoundPrice_pips and compare with ATR_Channels (I understand ATRChannel as a normal Channel (see Channel trading system) but this ARTChannel is not static channel. It is dynamic channel that is more good and much more difficult. What next? I am looking on the all 4 charts as well.

Attached Images

Pic1.gif (10.9 KB, 1210 views)

Attached Files

NRTR.mql (1.9 KB, 204 views)

You should see the last 8 trades:
613667 2006.06.01 12:07 buy 8.00 eurusd
613669 2006.06.01 12:08 sell 8.00 usdchf

I opened these 2 trades and later wanted to close on stop loss with -16 and -18 pips. But I looked on Ichimoku chart W1 and D1 timeframe just to see: is it possible to keep these orders as is (to be sure that it will be closed in profit tomorrow for example) or I really need to get stop loss. And I understood that everything is ok and the orders will be closed with profit. And I waited and re-entered 6 times in the same direction. Because I was on 70% sure that the orders (opened at 12:07 and 12:08) will be closed in profit and I did re-entrance:
613771 2006.06.01 12:26 sell 8.00 usdchf
613775 2006.06.01 12:26 buy 8.00 eurusd
614925 2006.06.01 15:15 buy 8.00 eurusd
614932 2006.06.01 15:16 sell 8.00 usdchf
615448 2006.06.01 15:52 buy 8.00 eurusd
615455 2006.06.01 15:53 sell 8.00 usdchf

So these 6 orders are re-entrance.



I described it on the post above:

Because if we want to get more than 10 pips from this system on M1 timeframe trading during the news time we should estimate the trend using W1 and D1 timeframe.

This is ALL you can get? This is the BEST you can do?

Just kidding! Great job! What timezones are these on your statement?

Thanks.

Timezone is GMP+3.

Pip Trip, I said in the beginning of this forum was created that I am not good trader and I am not good coder. Good traders should have more pips of course. Problem that we do not have statements from them. Just a words.

I wanted to say by this statement that we have a lot of great systems.
And only few statements as an evidence of the systems' greatness on this forum.

Great system should produce great money in the statement.
Good system - good money. On the statements as well.
Bad system - bad money.
On the statements.

The system is the methods:
1. to find the good correlation between indicators and the price movement to see hipothetical money on the chart and
2. to replace hipothetical money to the statement.

Second one is more difficult sometimes.
But no any EA can work without this "second one".

Friends, how come i cant attach NRTR and ATR to KGSP? how did you do it? thanks.

Use template. It was posted together with the indicators.
Or attach KGSP first and then move (by mouse) the other indicators in the same window. In the same way as moving the file to the folder by mouse in Windows.

Statement was updated.
The other 3,000 this morning.

Attached Images

ASCTrend.gif (4.6 KB, 799 views)

Attached Files

ASCTrend.htm (45.5 KB, 128 views)

Hello,

what I appreciate in this backtest it is the small number of trades compared to the profits .

Great job Newdigital

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