Forex
Google

Go Back   Forex Trading > Downloads > Manual trading systems
Forex Forum Register FAQ Members List Calendar Search Today's Posts Mark Forums Read


Register in Forex TSD!
Trading Systems Leaders in this forum (automated trading systems) are winning more than 3000 pips in a month (30000$ investing one lot every time).
Click here to register and get more information

Reply
 
LinkBack (37) Thread Tools Display Modes
  #101 (permalink)  
Old 10-06-2007, 07:03 AM
4xtrader's Avatar
4xtrader 4xtrader is offline
Senior Member
 
Join Date: Jan 2006
Posts: 124
4xtrader is on a distinguished road
Quote:
Originally Posted by DerkWehler View Post
No source code?
Really sorry, I've got them in .ex4 too.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #102 (permalink)  
Old 10-06-2007, 02:56 PM
ahefner33 ahefner33 is offline
Junior Member
 
Join Date: Jul 2007
Posts: 22
ahefner33 is on a distinguished road
Quote:
Originally Posted by cochran1 View Post
AH, I talked to Dean several months ago and I asked the same question. He said that he enters a trade 'as the candle is forming'. I have been entering trades this way and it seems to work fine. As far as exiting, he did not have clear guidlines as far a open or closed candles. I have had the best luck by manually moving my stop and not closing the trade, there are alot of false exits. I have made more pips by just waiting, thx mike
Mike,

Thanks for the reply. Now I am new to this method but I have been studying it back on past price action and I have come to conclusion many times that the HA candle will spike out of the tunnel then close inside. If entering while the candle is forming, how do you filter these false movements? I know you said its been working fine for you so I'm just wondering how you do it? Thanks again.

Adam
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #103 (permalink)  
Old 10-06-2007, 04:35 PM
cochran1 cochran1 is offline
Member
 
Join Date: Jul 2007
Location: Frisco, Tx
Posts: 69
cochran1 is on a distinguished road
Adam, sometimes the HA close will jump out of the channel and the green is not over the yellow and red, then of course you have to wait for all conditions to be met. See my #66 comment on pg 7 for how I have been using this. The most important things are, 1. Trade in the same trend as the 4hr chart and 2. Trade during active times (London & US sessions). When the market is slow the probability for good trades decreases. If you go back through the 15min chart looking for trades in the same trend as 4hr chart, you can see many good setups, usually at the beginning of these sessions.. Following these guidelines, I have had no problem with entering a trade as the candle forms.

Lastly, I usually move my stop to breakeven when the price moves the length of the price channel. This seems to be the point where the currency will decide to continue or reverse. I like the EUR/JPY, the typical price channel is 20- 25pips. thx mike
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #104 (permalink)  
Old 10-06-2007, 08:53 PM
DerkWehler's Avatar
DerkWehler DerkWehler is offline
Senior Member
 
Join Date: May 2006
Location: Portland, OR
Posts: 211
DerkWehler is on a distinguished road
More Results from Derk's Indicator

Greets:

Based on Chris' post, I went back and ran some more tests. Although his seem to have the EURJPY a bit in front, all my tests have always pointed to the GBPUSD as being the leader.

So I loaded a number of currencies in my Velocity charts, and went back as far as it would download data. For H1 charts, I got:

H1 Charts, 118 bars / week
GBPUSD: 19 Jan, 2005 - 5 Oct, 2007: 5646 pips, 16874 bars ~ 39 / week
EURJPY: 16 Feb, 2005 - 5 Oct, 2007: 3560 pips, 16392 bars
EURUSD: 16 Feb, 2005 - 5 Oct, 2007: 3427 pips, 16392 bars
GBPJPY: 16 Feb, 2005 - 5 Oct, 2007: 3254 pips, 16391 bars
USDCHF: 16 Feb, 2005 - 5 Oct, 2007: 2920 pips, 16392 bars
USDJPY: 16 Feb, 2005 - 5 Oct, 2007: 2808 pips, 16391 bars
CADJPY: 14 Jul, 2006 - 5 Oct, 2007: 1195 pips, 7574 bars
EURGBP: 16 Feb, 2005 - 5 Oct, 2007: 152 pips, 16390 bars
AUDUSD: 16 Feb, 2005 - 5 Oct, 2007: -207 pips, 16392 bars
USDCAD: 16 Feb, 2005 - 5 Oct, 2007: -517 pips, 16390 bars
EURCHF: 16 Feb, 2005 - 5 Oct, 2007: -532 pips, 16392 bars
AUDCHF: 13 Jul, 2006 - 5 Oct, 2007: -849 pips, 7229 bars
GBPCHF: 16 Feb, 2005 - 5 Oct, 2007: -1159 pips, 16392 bars
CHFJPY: 8 Feb, 2005 - 5 Oct, 2007: -1213 pips, 16392 bars
NZDUSD: 9 Feb, 2005 - 5 Oct, 2007: -1616 pips, 16391 bars
AUDJPY: 7 Feb, 2005 - 5 Oct, 2007: -1864 pips, 16392 bars
NZDJPY: 28 Jul, 2005 - 5 Oct, 2007: -2177 pips, 13469 bars
EURCAD: 31 May, 2005 - 5 Oct, 2007: -2960 pips, 14496 bars
AUDNZD: 27 May, 2005 - 5 Oct, 2007: -5655 pips, 14453 bars
AUDCAD: 27 May, 2005 - 5 Oct, 2007: -6554 pips, 14112 bars
EURAUD: 21 Jan, 2005 - 5 Oct, 2007: -7997 pips, 16392 bars

Not terribly impressive, but ok. Interesting part is that one would probably consider only trading the top 4, and, if relying on these number, maybe just the GBP with more lots.

Since the pound was so far ahead, I ran tests just for it on other timeframes:

H4 Charts, 30 bars / week
GBPUSD: 3 Apr, 2001 - 5 Oct, 2007: 9946 pips, 10333 bars ~ 28 / week


M30 Charts, 236 bars / week
GBPUSD: 28 Apr, 2006 - 5 Oct, 2007: 3392 pips, 17760 bars ~ 45 / week


M15 Charts, 472 bars / week (40.27
GBPUSD: 27 Dec, 2005 - 5 Oct, 2007: 325 pips, 19009 bars ~ 28 / week


The M30 at 45 per week is a bit larger than the H1, possibly just because it does not go back as far in time, and there seems to be a commonality that it works better more recently. The M15 just seems to lose too much. All test I have tried with the M15 are not good.

But the one thing that I did confirm to my satisfaction is that Chris is right that turning UseSmallerExit off, and UseVolExpanding on works much better than the reverse.

Working on the EA now.

-Derk
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #105 (permalink)  
Old 10-06-2007, 09:04 PM
amaruenterprise's Avatar
amaruenterprise amaruenterprise is offline
Member
 
Join Date: Jun 2006
Posts: 78
amaruenterprise is on a distinguished road
Derk have you back tested it using the daily? I'm curious to what kind of results that would have. This might be just luck because it was my first using this strategy but there were a setup for the eur/cad I think maybe at 8:00 est when the new daily is formed on IBFX so I took it and deposited 211 pips friday before end of session. I'm not the most computer savy person in the world and to be honest do not know how to backtest a strategy or I would have already done so. Thanks for this info....Tim




Quote:
Originally Posted by DerkWehler View Post
Greets:

Based on Chris' post, I went back and ran some more tests. Although his seem to have the EURJPY a bit in front, all my tests have always pointed to the GBPUSD as being the leader.

So I loaded a number of currencies in my Velocity charts, and went back as far as it would download data. For H1 charts, I got:

H1 Charts, 118 bars / week
GBPUSD: 19 Jan, 2005 - 5 Oct, 2007: 5646 pips, 16874 bars ~ 39 / week
EURJPY: 16 Feb, 2005 - 5 Oct, 2007: 3560 pips, 16392 bars
EURUSD: 16 Feb, 2005 - 5 Oct, 2007: 3427 pips, 16392 bars
GBPJPY: 16 Feb, 2005 - 5 Oct, 2007: 3254 pips, 16391 bars
USDCHF: 16 Feb, 2005 - 5 Oct, 2007: 2920 pips, 16392 bars
USDJPY: 16 Feb, 2005 - 5 Oct, 2007: 2808 pips, 16391 bars
CADJPY: 14 Jul, 2006 - 5 Oct, 2007: 1195 pips, 7574 bars
EURGBP: 16 Feb, 2005 - 5 Oct, 2007: 152 pips, 16390 bars
AUDUSD: 16 Feb, 2005 - 5 Oct, 2007: -207 pips, 16392 bars
USDCAD: 16 Feb, 2005 - 5 Oct, 2007: -517 pips, 16390 bars
EURCHF: 16 Feb, 2005 - 5 Oct, 2007: -532 pips, 16392 bars
AUDCHF: 13 Jul, 2006 - 5 Oct, 2007: -849 pips, 7229 bars
GBPCHF: 16 Feb, 2005 - 5 Oct, 2007: -1159 pips, 16392 bars
CHFJPY: 8 Feb, 2005 - 5 Oct, 2007: -1213 pips, 16392 bars
NZDUSD: 9 Feb, 2005 - 5 Oct, 2007: -1616 pips, 16391 bars
AUDJPY: 7 Feb, 2005 - 5 Oct, 2007: -1864 pips, 16392 bars
NZDJPY: 28 Jul, 2005 - 5 Oct, 2007: -2177 pips, 13469 bars
EURCAD: 31 May, 2005 - 5 Oct, 2007: -2960 pips, 14496 bars
AUDNZD: 27 May, 2005 - 5 Oct, 2007: -5655 pips, 14453 bars
AUDCAD: 27 May, 2005 - 5 Oct, 2007: -6554 pips, 14112 bars
EURAUD: 21 Jan, 2005 - 5 Oct, 2007: -7997 pips, 16392 bars

Not terribly impressive, but ok. Interesting part is that one would probably consider only trading the top 4, and, if relying on these number, maybe just the GBP with more lots.

Since the pound was so far ahead, I ran tests just for it on other timeframes:

H4 Charts, 30 bars / week
GBPUSD: 3 Apr, 2001 - 5 Oct, 2007: 9946 pips, 10333 bars ~ 28 / week


M30 Charts, 236 bars / week
GBPUSD: 28 Apr, 2006 - 5 Oct, 2007: 3392 pips, 17760 bars ~ 45 / week


M15 Charts, 472 bars / week (40.27
GBPUSD: 27 Dec, 2005 - 5 Oct, 2007: 325 pips, 19009 bars ~ 28 / week


The M30 at 45 per week is a bit larger than the H1, possibly just because it does not go back as far in time, and there seems to be a commonality that it works better more recently. The M15 just seems to lose too much. All test I have tried with the M15 are not good.

But the one thing that I did confirm to my satisfaction is that Chris is right that turning UseSmallerExit off, and UseVolExpanding on works much better than the reverse.

Working on the EA now.

-Derk
__________________
"Dictionary is the only place that success comes before work. Hard work is the price we must pay for success. I think you can accomplish anything if you're willing to pay the price." Vince Lombardi
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #106 (permalink)  
Old 10-07-2007, 10:46 AM
Mescalito Mescalito is offline
Junior Member
 
Join Date: Nov 2006
Posts: 9
Mescalito is on a distinguished road
result according indicator

Derek,
i found a good setting on the G/Y 4H
the results said 11560 pips for 13489 bars.

Settings for synergyIndicator
and results availible in screen shots.

but dont know if this resembles a good result. considering drawdown. could you survive this?

God's bless
Gerry
Attached Images
File Type: png synergyInd-gbp_JPY-4h.PNG (10.7 KB, 1356 views)
File Type: png resultGBP_JPY_4H-7-oct-2007.PNG (1.3 KB, 1344 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #107 (permalink)  
Old 10-07-2007, 12:07 PM
FXBabe FXBabe is offline
Senior Member
 
Join Date: Oct 2006
Posts: 171
FXBabe is on a distinguished road
someone make an ea please with some trailing stop maybe.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #108 (permalink)  
Old 10-07-2007, 12:25 PM
Chris29 Chris29 is offline
Junior Member
 
Join Date: Feb 2007
Posts: 28
Chris29 is on a distinguished road
Quote:
H1 Charts, 118 bars / week
GBPUSD: 19 Jan, 2005 - 5 Oct, 2007: 5646 pips, 16874 bars ~ 39 / week
EURJPY: 16 Feb, 2005 - 5 Oct, 2007: 3560 pips, 16392 bars
EURUSD: 16 Feb, 2005 - 5 Oct, 2007: 3427 pips, 16392 bars
GBPJPY: 16 Feb, 2005 - 5 Oct, 2007: 3254 pips, 16391 bars
USDCHF: 16 Feb, 2005 - 5 Oct, 2007: 2920 pips, 16392 bars
USDJPY: 16 Feb, 2005 - 5 Oct, 2007: 2808 pips, 16391 bars
CADJPY: 14 Jul, 2006 - 5 Oct, 2007: 1195 pips, 7574 bars
It's funny how different backtesting can be. Unfortunately FXDD does not offer 1H candles for the years 2005 or 2006. They all start in May 2007 ...

But still these results look good. On the 1H chart, 480 bars are 1 month (24h * 20 days). That means ...

GBPUSD: ~ 160 pips per month (5646 pips / 16874 bars * 480)
EURJPY: ~ 104 pips per month
EURUSD: ~ 100 pips per month
GBPJPY: ~ 95 pips per month
USDCHF: ~ 85 pips per month
USDJPY: ~ 82 pips per month
CADJPY: ~ 75 pips per month

Trading those pairs brought you an average gain of ~ 700 pips per month in long-term backtesting. That's more than enough.

Quote:
Derek,
i found a good setting on the G/Y 4H
the results said 11560 pips for 13489 bars.
Mescalito, I still testing different time frames. But the results vary not much. Have a look at your result:

11560 pips / 13489 bars * 120 = ~ 102 pips per month (only 7 pips more than on the 1H timeframe)

But a higher timeframe always means a higher risk. Just remember that the haClose is important. In times of a volatile market you have bigger losses when you are trading the false direction. On the 1H timeframe you always get out earlier ...

Just have a look at the GBPUSD in August on the 4H timeframe: 2 very big losses: 123 pips and 116 pips. That's really hard to sit out. The biggest loss on the 1H timeframe was about 60 pips. That's still too much but better than on the 4H. I think the strategy is not made for bigger timeframes. Trading GBPUSD on a daily chart, for example, brings only ~ 65 pips per month.

I think it's better to reduce the losing trades with other indicators. I'm still busy with looking for the "Price Action Volatility" indicator. I haven't found it until now.

Last edited by Chris29 : 10-07-2007 at 12:28 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #109 (permalink)  
Old 10-07-2007, 12:27 PM
rondo rondo is offline
Junior Member
 
Join Date: Jun 2006
Posts: 29
rondo is on a distinguished road
Quote:
Originally Posted by amaruenterprise View Post
Derk have you back tested it using the daily? I'm curious to what kind of results that would have. This might be just luck because it was my first using this strategy but there were a setup for the eur/cad I think maybe at 8:00 est when the new daily is formed on IBFX so I took it and deposited 211 pips friday before end of session. I'm not the most computer savy person in the world and to be honest do not know how to backtest a strategy or I would have already done so. Thanks for this info....Tim
Question is could you do this with EURCAD every single week? If you have taken trades from 6/15 to 9/10, you would have generated a loss of around 565pips.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #110 (permalink)  
Old 10-07-2007, 01:26 PM
prasxz prasxz is offline
Senior Member
 
Join Date: Jun 2006
Posts: 1,026
prasxz is on a distinguished road
hi

Quote:
Originally Posted by rondo View Post
Question is could you do this with EURCAD every single week? If you have taken trades from 6/15 to 9/10, you would have generated a loss of around 565pips.
I think each month has different performance we should make it better at least 40 % or more ...using this system ...

===================
Forex Indicators Collection
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump

LinkBacks (?)
LinkBack to this Thread: http://www.forex-tsd.com/manual-trading-systems/9360-synergy-trading-method.html
Posted By For Type Date
平均足(コマ足)トレード手法 - 為替・FX大好き主婦の楽ちんシステムトレード(^▽^) This thread Refback 07-01-2008 03:45 AM
為替・FX大好き主婦の楽ちんシステムトレード(^▽^) This thread Refback 07-01-2008 03:15 AM
ProfiForex Traders Forum - E.A.S.Y.( SYNERGY) This thread Refback 06-24-2008 09:55 AM
Библиотека установки/модификации/закрытия ордеров - MQL4 форум This thread Refback 06-14-2008 07:14 PM
livemarket2 / eNjJɂ‚Č낤Part5 This thread Refback 06-07-2008 09:18 PM
: BIVISdotNET This thread Refback 05-07-2008 10:00 AM
Traders Dynamic Index - MQL4 代 基地 Post #55 Refback 05-06-2008 02:33 PM
Traders Dynamic Index - MQL4 Code Base Post #55 Refback 05-03-2008 09:39 AM
Traders Dynamic Index - MQL4 Code Base Post #55 Refback 05-03-2008 09:19 AM
E.A.S.Y.( SYNERGY) - ProfiForex Traders Forum This thread Refback 04-10-2008 11:10 AM
This thread Refback 03-26-2008 02:55 PM
E.A.S.Y.( SYNERGY) - ProfiForex Traders Forum This thread Refback 03-22-2008 10:59 AM
ProfiForex Traders Forum - E.A.S.Y. This thread Refback 03-17-2008 04:35 PM
Synergy Signals [v2] - MQL4 Code Base Post #57 Refback 03-16-2008 07:28 PM
Synergy Signals [v2] - MQL4 Code Base Post #57 Refback 03-16-2008 07:29 AM
E.A.S.Y. - ProfiForex Traders Forum This thread Refback 03-14-2008 06:31 AM
This thread Refback 03-11-2008 01:48 PM
Traders Dynamic Index - MQL4 Code Base Post #55 Refback 03-11-2008 06:40 AM
Synergy Signals [v2] - MQL4 Code Base Post #57 Refback 03-11-2008 06:10 AM
This thread Refback 03-11-2008 03:30 AM
E.A.S.Y. - ProfiForex Traders Forum This thread Refback 03-10-2008 03:41 PM
This thread Refback 02-29-2008 10:11 AM
E.A.S.Y. - ProfiForex Traders Forum This thread Refback 02-28-2008 03:01 PM
This thread Refback 02-27-2008 04:06 PM
This thread Refback 02-27-2008 03:55 PM
This thread Refback 02-27-2008 03:12 PM
This thread Refback 02-27-2008 01:47 PM
This thread Refback 02-27-2008 12:33 PM
This thread Refback 02-27-2008 11:43 AM
This thread Refback 02-27-2008 10:50 AM
Methods For Forex Trading This thread Refback 01-26-2008 05:43 AM
Forex trading methods - Fxopen forex forum - forex review - trading methods - education ... This thread Refback 01-14-2008 07:31 AM
Forex system synergy - You do not need any permission to link to any of the pages on this ... This thread Refback 01-13-2008 05:09 AM
compassfx.com Web Site Report This thread Refback 12-06-2007 09:00 PM
Untitled document This thread Refback 11-30-2007 06:33 PM
eNjJɂ‚Č낤Part5 This thread Refback 11-04-2007 04:12 PM
Forex Trading | forex trading | Profit Taking in Currency Trading This thread Refback 09-01-2007 05:22 PM

Similar Threads
Thread Thread Starter Forum Replies Last Post
Sharing method of trading forexking Expert Advisors - Metatrader 4 13 12-25-2007 12:28 PM
Any Trading Method for USD/Yen??? yyc196 Suggestions for Trading Systems 4 06-25-2007 01:30 AM
Fozzy method of Trading jgerousis General Discussion 1 03-09-2007 11:07 AM
Triangle Trading method forexts Documentation 1 10-27-2005 09:51 AM


All times are GMT. The time now is 08:26 AM.