Forex



Go Back   Forex Trading > Discussion Areas > Suggestions for Trading Systems






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
 
Thread Tools Display Modes
  #1 (permalink)  
Old 06-26-2006, 11:01 PM
mr.trader's Avatar
Senior Member
 
Join Date: Jun 2006
Location: Birthcountry californiaīs guvaneur
Posts: 153
mr.trader is on a distinguished road
Question Parabolic SAR and "Kaufmann MA" System - Who can make an Expert Advisor from it ??

Hello Forex Friend´s ! / Hallo Leute !!

First i want to say i´m from Austria, if there is somebody how speaks german please answer me in german, is easier to talk in a language you talk more then 25 years...

My problem is, i have a really good working trading system but i can trade it only manualy because i have absolutly no idea to pramming an Expert Advisor.

Ok, to the system... It is quiet simple, it use the "Kaufmann MA" (attached) and Parabolic SAR; Kaufmann with standard parameters, like attached,
Parabolic with the Settings: Step=0.05 Maximum=0.05

Now please watch the attached screenshot, when parabolic show a long signal and the Kaufmann indicator paint a blue point in his MA Line open a Long position.
When the parabolic show a short signal, and the Kaufmann paint a yellow point in his MA, open a short position. NEVER Trade against the maintrend in daily chart (look down to trading parameters) (in the screenshot i don´t care about the maintrend, i only draw the entrylines that you know what i mean, also reentrys are not signed)

The position should open exactly when the second indicator also shows the signal (not at close current candle or open next candle, if it´s possible programming that way)
If a trailing stop close a position, wait to the next candle who show a signal once more, then re-entry, but never against the maintrend in daily chart, (look down to trading parameters)

Reentry´s could be a very dangerous thing with wide stop losses, may be you have a suggestion....

If there is one position open long/short, system shouldn´t open more positons long or short in the same pair. Next position only can opened if previous position is closed in this currancy pair.

The vertical red lines in the screenshot chart shows the points of entry.

In the screenshot is one more indicator, please ignore them, i use it only for additional filtering the signals in manually trading with this system.

Manually i trade it now neer 3 months in two pairs, all together 6 false signals from more than 85 trades !

Trading Paramaeters:

Traded on: Meta Trader 4 (FIBO-Group and InterbankFX)
Actual Currancy Pairs: 4 Majors and EUR/NZD, EUR/NOK
Period:H4 (4 Hous Chart)
Maintrend Period: Daily Chart
Lot Size: 1 Lot beginning (May be use the LOT calculation module for EA)
Stop Loss: 150 Pips
Take Profit: No Take Profit
Trailing stop: 20 pips (long&short)
NEVER trade against the main trend, Maintrend: daily chart (for fix the maintrend only use parabolic, settings like above)

Also, if it´s possible the expert should send an e-mail to me when a new position is opened. (it´s not realy needed, but it´s comfortable)

I hope you understand my (not realy good) "school learned english", and thank you for answering !!!

P.S.: If you have some ideas to improve this system, so please let me know, i´m always open for suggestions !

best regrads to all FX-Traders,

mr.trader
Attached Images
File Type: gif kaufmann-parabolic system.gif (37.0 KB, 1722 views)
Attached Files
File Type: mq4 Kaufman.mq4 (3.3 KB, 668 views)
File Type: ex4 Kaufman.ex4 (3.7 KB, 290 views)

Last edited by mr.trader; 06-28-2006 at 11:34 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #2 (permalink)  
Old 06-29-2006, 07:29 PM
mr.trader's Avatar
Senior Member
 
Join Date: Jun 2006
Location: Birthcountry californiaīs guvaneur
Posts: 153
mr.trader is on a distinguished road
How prommised to goldensight, here the two indikators NRTR !

Nice day,

mr.trader
Attached Files
File Type: mq4 NRTR_dots1_separate.mq4 (2.7 KB, 438 views)
File Type: mq4 NRTR_Line1_separate.mq4 (2.8 KB, 403 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #3 (permalink)  
Old 06-29-2006, 08:59 PM
Senior Member
 
Join Date: Apr 2006
Location: Seattle, Wa. USA
Posts: 154
reemul99 is on a distinguished road
Quote:
Originally Posted by mr.trader
Hello Forex Friendīs ! / Hallo Leute !!

First i want to say iīm from Austria, if there is somebody how speaks german please answer me in german, is easier to talk in a language you talk more then 25 years...

My problem is, i have a really good working trading system but i can trade it only manualy because i have absolutly no idea to pramming an Expert Advisor.

Ok, to the system... It is quiet simple, it use the "Kaufmann MA" (attached) and Parabolic SAR; Kaufmann with standard parameters, like attached,
Parabolic with the Settings: Step=0.05 Maximum=0.05

Now please watch the attached screenshot, when parabolic show a long signal and the Kaufmann indicator paint a blue point in his MA Line open a Long position.
When the parabolic show a short signal, and the Kaufmann paint a yellow point in his MA, open a short position. NEVER Trade against the maintrend in daily chart (look down to trading parameters) (in the screenshot i donīt care about the maintrend, i only draw the entrylines that you know what i mean, also reentrys are not signed)

The position should open exactly when the second indicator also shows the signal (not at close current candle or open next candle, if itīs possible programming that way)
If a trailing stop close a position, wait to the next candle who show a signal once more, then re-entry, but never against the maintrend in daily chart, (look down to trading parameters)

Reentryīs could be a very dangerous thing with wide stop losses, may be you have a suggestion....

If there is one position open long/short, system shouldnīt open more positons long or short in the same pair. Next position only can opened if previous position is closed in this currancy pair.

The vertical red lines in the screenshot chart shows the points of entry.

In the screenshot is one more indicator, please ignore them, i use it only for additional filtering the signals in manually trading with this system.

Manually i trade it now neer 3 months in two pairs, all together 6 false signals from more than 85 trades !

Trading Paramaeters:

Traded on: Meta Trader 4 (FIBO-Group and InterbankFX)
Actual Currancy Pairs: 4 Majors and EUR/NZD, EUR/NOK
Period:H4 (4 Hous Chart)
Maintrend Period: Daily Chart
Lot Size: 1 Lot beginning (May be use the LOT calculation module for EA)
Stop Loss: 150 Pips
Take Profit: No Take Profit
Trailing stop: 20 pips (long&short)
NEVER trade against the main trend, Maintrend: daily chart (for fix the maintrend only use parabolic, settings like above)

Also, if itīs possible the expert should send an e-mail to me when a new position is opened. (itīs not realy needed, but itīs comfortable)

I hope you understand my (not realy good) "school learned english", and thank you for answering !!!

P.S.: If you have some ideas to improve this system, so please let me know, iīm always open for suggestions !

best regrads to all FX-Traders,

mr.trader
If you have a Stop loss at 150 pips - that 900 pips with 6 losses ???
Whats the average profit you take?
Are you ahead after 3 months, or behind in total pips ?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #4 (permalink)  
Old 06-29-2006, 10:45 PM
mr.trader's Avatar
Senior Member
 
Join Date: Jun 2006
Location: Birthcountry californiaīs guvaneur
Posts: 153
mr.trader is on a distinguished road
Thumbs up No Stop loss last 3 months !!

Quote:
Originally Posted by reemul99
If you have a Stop loss at 150 pips - that 900 pips with 6 losses ???
Whats the average profit you take?
Are you ahead after 3 months, or behind in total pips ?
reemul99,

thank you for your answer, for manually trading exit i use one more indikator, the NRTR in chart, i wirte 150 pips because this is the place the pais sometimes need if the market goes short time against you before you come in profit.

Average Profit Trade manually: 34 pips (now calculate )

If System traded within this setting no Trade from the now exactly 90 be closed at stop loss !!

Important is an here an good exit indikator, ANY IDEA ??

Thanks !

mr.trader
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #5 (permalink)  
Old 06-30-2006, 12:40 AM
Senior Member
 
Join Date: Dec 2005
Location: California, USA
Posts: 353
goldensight is on a distinguished road
Thank you! Goldensight

Quote:
Originally Posted by mr.trader
How prommised to goldensight, here the two indikators NRTR !

Nice day,

mr.trader
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #6 (permalink)  
Old 06-30-2006, 12:56 AM
iGoR's Avatar
Senior Member
 
Join Date: Jan 2006
Posts: 1,551
iGoR is on a distinguished road
I don't know who you're trying to fool...yourself or us...

First of all you should better read your own rules again because you missed 2 entrys (see blue arrows) Par. Sar. + new dot on kaufman line. And you placed 1 entry to much (see blue elips).

You say that you have only 6 false trades on 85 entrys ?!?!...
Without a proper exit rule you have already 7 false trades only on this 1 month of data (7 out of 9 trades are false)

You say that you have a stoploss of 150 pips ?!?!...
This system wil perform well in a strong trending market, but in a ranging market it will perform very bad. Your hitratre will absolutly not exceed the 30%.
So that means that your profit target should be at least 450 pips (3 x times bigger then your stoploss).
In non of the trades shown on your chart you catch 450 pips.

Sorry to say so but without a very good filter technic this system is absolute cr*p.
Instead of introducing a system you should better read some topics on this forum and learn some systems that perform many times better then what you try to show.

A Par.Sar. is a good indicator in a strong trending market but so is a simple moving average. And your kaufman indicator will not help you in your method because when Par.Sar shows a signal the kaufman does 99% of the times the same.

With all do respect, I may sound rude, but thats how I feel after reading the presentation of a system like yours. Not with the system itself but that you try to claim that you only have 6 false signals on 85 trades and that you have a stoploss of 150 pips and an average win of 34 pips with a system that is so obvious it will perform very bad in a ranging market (with a system like that 15 consecutive losers is not impossible) and like I said your hitrate will not exceed the 30% instead of the 93% that you claim.

regards ..iGoR
Attached Images
File Type: gif kaufmann-parabolic system.gif (40.0 KB, 1244 views)

Last edited by iGoR; 06-30-2006 at 01:03 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #7 (permalink)  
Old 06-30-2006, 01:26 AM
Senior Member
 
Join Date: Dec 2005
Location: California, USA
Posts: 353
goldensight is on a distinguished road
Igor, Your logic may be correct about the system but if you re-read his post you need to look at the Context he is writing in. He is writing about having his own manual trading system and wanting an EA for Himself. He is not presenting a system to this forum (even though others may try it out), he is explaining what his system is so that a programmer can help him. It is neither your business nor mine about whether or not his system works ie. if it works for him then so be it. You yourself know that one system can work for one person's mind and emotions and not for another. So it is your misunderstanding not his because you have provided an entirely different context than he is writing in. My intention also is not to be rude to you however traders have the inherent Right to come here and seek help for themselves. However if you have pointed out something about his system that can help him then that is fine, he is simply seeking assistance and there is nothing wrong with that. Why do I care? Because he has only made a few posts here in the forum and I think other traders should welcome new members with some support.


Quote:
Originally Posted by iGoR
I don't know who you're trying to fool...yourself or us...

First of all you should better read your own rules again because you missed 2 entrys (see blue arrows) Par. Sar. + new dot on kaufman line. And you placed 1 entry to much (see blue elips).

You say that you have only 6 false trades on 85 entrys ?!?!...
Without a proper exit rule you have already 7 false trades only on this 1 month of data (7 out of 9 trades are false)

You say that you have a stoploss of 150 pips ?!?!...
This system wil perform well in a strong trending market, but in a ranging market it will perform very bad. Your hitratre will absolutly not exceed the 30%.
So that means that your profit target should be at least 450 pips (3 x times bigger then your stoploss).
In non of the trades shown on your chart you catch 450 pips.

Sorry to say so but without a very good filter technic this system is absolute cr*p.
Instead of introducing a system you should better read some topics on this forum and learn some systems that perform many times better then what you try to show.

A Par.Sar. is a good indicator in a strong trending market but so is a simple moving average. And your kaufman indicator will not help you in your method because when Par.Sar shows a signal the kaufman does 99% of the times the same.

With all do respect, I may sound rude, but thats how I feel after reading the presentation of a system like yours. Not with the system itself but that you try to claim that you only have 6 false signals on 85 trades and that you have a stoploss of 150 pips and an average win of 34 pips with a system that is so obvious it will perform very bad in a ranging market (with a system like that 15 consecutive losers is not impossible) and like I said your hitrate will not exceed the 30% instead of the 93% that you claim.

regards ..iGoR

Last edited by goldensight; 06-30-2006 at 04:07 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #8 (permalink)  
Old 06-30-2006, 01:35 AM
mr.trader's Avatar
Senior Member
 
Join Date: Jun 2006
Location: Birthcountry californiaīs guvaneur
Posts: 153
mr.trader is on a distinguished road
Red face It works too !!

igor,

Thank you for anserwing my tread, and excuse me, the picture is realy false, i mad some mistakes. As i draw the lines it was 3:15 Austrain Time, may be this is the reason...

Par. SAR and Kaufmann show toghether a signal, then entry, yes ! Beleave, it works. In manualy trading it works, thats the reason why i search i good working exit indikator, in ranging markets it will perform terrible if you leave the computer of donīt give pale stops. Thatīs my problem !!!

Manaly i also use NRTR as multible time rsi (daily) for find an exit good point.

I can only say, with majors, EUR/NZD an EUR/NOK manualy IT WORKS !!!

regrads,

mr.trader

BTW: My only income for more then 3 years is from FX-Trading, so i think my strategies coulnīt be so false...

THANKS TO GOLDENSIGHT ..... someones in this forum shold read before talk ...

Last edited by mr.trader; 06-30-2006 at 01:37 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #9 (permalink)  
Old 07-01-2006, 06:36 AM
Junior Member
 
Join Date: Jan 2006
Posts: 8
4xblue is on a distinguished road
Mr Trader

I dont write allot unless I feel that I could be helpful, cause I dont like to
clutter (crowd things) up, I find that when do want to say something, someone...else, says something close enough, and I dont like to spond
like a know it all...........................I totally agree............I think its great
that you posted!!! Keep with it, dont get discouraged and try just to
ignore anything distasteful and get only postive and productive information.

I dont sleep much......I trade mini accounts, and I think its wonderful and
great that your income for the last years been trading; Keep it up

...........with four kids, 4dogs,
cat......older relatives,illnessness, braces, debt, volin lessons....I even care
of two who dont have fathers......lololololo........for me its Trade or Die,
and my goal it to refine my approach manange my emotions and increase
income......so what I'm saying is....theres a certain a certain amount of
respect, that I have.......cause this is also your life, my life and the same
for some others.....this is life........one big boat, were paddling.....so we
got to keep it real, show respect, support and encouragement, insight and knowlege........keep it positve.


and I truely love the markets, postive energy........................
you have my support and admiration........

So it is true.............that somemarket conditions can kill you........I mean
one week for me its good then, I get beat up if I'm not careful...have stay on top of it, and not let it get away.....and keep what you earn
The key is.......avoiding harmful conditions......you can see them
on the chart; taking what you see, and expressing it......into
something you can use is key....taking profits is important and not
giving it all back.

(BRAINSTORMING)
Making good profits also help protect you for when things get difficult,
and after a certain number of cronic losses, delay your trades and check market activity.......wait........
You do need a filter, you do need to take a loss,
and when your right take all you can for that rainy day.

No filter, will get it all but, some is a start; then maybe another will
get a little more. Take profit......idea....when market remains in the
postive for certain time and is moving in " a profit direction" add another
lot.......take several profits all the way to the end during a big move,
that would be good and could be (and proabaly is somewhere) coded;
I ride move and then after looking at the conditions if give a good feedback
I actaully step away for a bit (get some tea) just to give myself a break and allow it ....allot of times to go further into profit, and mature some, and sometimes it starts to takeback......then I greatfully accept sum.
Envelope indicator is good, the band indicator with ajustable dev would
be nice.....on the envelope indicator, if you could flaten its lines
and make them lines which angle; or just place your profit target
a certain value below it (for long) say 20pips works sometimes, or
when your riding a large poision for (each individual symbol pair), maybe
write and EA tade manager that closes you out after you give back a
certain %percentage total (i.e. 100pip profit high turns from 100pips to 80pips
...20% close out.)......also only close in order of profit value; pair one at 80pips and pair two 50 pips, another at 30....one would be first or total
profit goal closed in order of the highest first...each mananged by the precentaged % factor. So one way you got visual, another you got blind
conditional management.
cheers.....................PEACEnLUV...man
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
  #10 (permalink)  
Old 07-01-2006, 09:55 AM
igorad's Avatar
Senior Member
 
Join Date: Oct 2005
Location: Ukraine
Posts: 956
igorad is on a distinguished road
Hi,
I've developed EA for this system.
So we can improve it with good exit strategy.

Note. BarsBack = 0 (default=1) you can use for real trade not for tests.
Also you must have Kaufman indicator in the indicators folder.

Igor
Attached Files
File Type: mq4 SARKAMA_v1.mq4 (8.3 KB, 497 views)
__________________
Let's improve trade skills together
http://finance.groups.yahoo.com/group/TrendLaboratory
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!StumbleUpon this Post!Reddit this Post!Facebook this Post!BlinkList this Post!Google Bookmarks this Post!Yahoo! My Web this Post!
Reply With Quote
Reply

Bookmarks

Tags
forex, Parabolic

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

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

Similar Threads
Thread Thread Starter Forum Replies Last Post
"8and8" My daily system - ebook michael dunbar Manual trading systems 68 05-10-2009 11:52 PM
"Gordago Stock Optimizer" - easily generates Expert Advisors De Vinci Tools and utilities 18 04-12-2009 02:01 AM
"well working 4h system" thread ? ZeeJay Manual trading systems 38 10-17-2007 07:38 AM
Help on Developing "The MOTHER of ALL" Trading System neo1001 General Discussion 25 01-28-2007 01:51 AM


All times are GMT. The time now is 11:35 AM.



Search Engine Friendly URLs by vBSEO 3.2.0 ©2008, Crawlability, Inc.