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Evan is focusing in a way to detect volatile enough markets to enter in.
with all the indicators already in this forum, whe can pick pretty good entrys but you guys have to think that in flat markets, no matter the system, it is tooo random to enter. hard target and hard stoploss will not work when market becomes too cheap and too scrooge. so you have to change the expectative about target and stoploss too.
mi idea is working pretty good using my indicator but there is thousand of indicator outside that can do the job too (may be better).
also I spend some time on weekends thinking in a way to code all this ideas in a EA, but mt4 has its limitation when you try to use icustom function with a diferent timeframe that you are using in the backtester. so even when you code a EA, you guys cant backtest it. then this EA beacomes like a religion. "you have to believe in it" lol.
here goes some preliminary results since using my indicator too.
VX. I tryed to use only ur silvertrend and Ha indicators for the entry and it gives some false signals if I dont use DREWs. DREWs arrows gives more filtering, and is the way I taking. i am using Silver, HA , my occilator , and DREWS arrows. But seems you are getting good results without DREWs arrows.
Evan is focusing in a way to detect volatile enough markets to enter in.
Did you mean Andrew? Evan is Andrew's trading partner. I wonder where is Evan..Only Andrew has been with us in this thread. Well, I guess Evan is kind of shy. LOL.
Quote:
Originally Posted by nirvaman
VX. I tryed to use only ur silvertrend and Ha indicators for the entry and it gives some false signals if I dont use DREWs. DREWs arrows gives more filtering, and is the way I taking. i am using Silver, HA , my occilator , and DREWS arrows. But seems you are getting good results without DREWs arrows.
Hmmm..I have no idea but what I can say,
maybe it's because we have different targets and stops..
I take only 10 pips. Remember, I only enter when there is a form of newtrend..While, uptrend, I'll wait for sell signal, while downtrend, I'll wait for buy signal..
I don't make an entry everytime there is a signal..It doesn't work that way buddy because it's not holygrail..LOL
Another weird thing, golden1 said the HA & SilverTrend setup does work for him. Why does everybody get different results? I am confuse as well.
Im still testing the setup but unfortunately, I will be quite busy this month so I dont have much time for further testing as time being. It's too early to talk about result. I do believe everyone using E&A system has their own method, you can always tune until you find what's the best for you. Good luck.
EDIT: Do you use pivot level?
__________________ Voginerox-X 569
Last edited by V-X569; 12-09-2008 at 01:13 AM.
Reason: for whatever reason
Hello All,
You need to check out the JurikVolty indicator. This is an elite indicator so I can not post it here,but if you have a membership it can be found here. I highly recommend it
robp,
I use the JurikVolty as a filter for entering the market. When the blue line is above the red line, it means that there is high volatility over the calculated period.