Forex
Google
New signals service!

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
 
LinkBack (2) Thread Tools Display Modes
  #51 (permalink)  
Old 08-16-2008, 03:23 PM
riffster's Avatar
Senior Member
 
Join Date: Mar 2007
Location: UTAH, USA
Posts: 227
riffster is on a distinguished road
Quote:
Originally Posted by joshua33 View Post
What is meant by hosting the indicators ?

Just dropped in and saw your "movie".... reminded me of something.
Browsed ur lounge and some system looks very familiar especially to one of mine.

Interesting .....good work
Good question, here is one of our "hosted indicators" or as we call them, our "Live Web Charts"...

Signals Lounge

The basic idea: we host live charts that can be quickly scanned. Most of us lack that ability or time to efficiently scan the entire market, in multiple time frames across multiple currency pairs. To be honest, our "Live Web Charts" started out as a simple "sales gimmick", but I can't trade without them now. I rarely load a chart in MT4 now. I just scan the web charts. We provide our members with templates to load the same charts locally when needed (usually after taking a trade), but they use the web chart to constantly scan over 150 live charts. We created interactive slideshows that allow our members to scan through all 150 charts in about 5min (or faster if you can "speed chart read", lol...)...
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #52 (permalink)  
Old 08-16-2008, 05:22 PM
Linuxser's Avatar
Moderator
 
Join Date: May 2006
Location: Helliconia (Spring)
Posts: 3,306
Blog Entries: 46
Linuxser has disabled reputation
I moved this thread to another section because after re-read all over again I did not see clearly any trading method here.

PD: thanks homestudy for data
__________________
Elite Manual Trading | Portfolio | Calendar | Suggestions to improve the forum | My Blog

Remember: Signatures must have three lines as maximum
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #53 (permalink)  
Old 08-16-2008, 09:20 PM
riffster's Avatar
Senior Member
 
Join Date: Mar 2007
Location: UTAH, USA
Posts: 227
riffster is on a distinguished road
Quote:
Originally Posted by Linuxser View Post
I moved this thread to another section because after re-read all over again I did not see clearly any trading method here.

PD: thanks homestudy for data
yep, no worries, but the indicator and temp for this system are attached to the first post in this thread... fyi...
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #54 (permalink)  
Old 08-16-2008, 09:22 PM
Linuxser's Avatar
Moderator
 
Join Date: May 2006
Location: Helliconia (Spring)
Posts: 3,306
Blog Entries: 46
Linuxser has disabled reputation
[quote=riffster;226621]yep, no worries, but the indicator and temp for this system are attached to the first post in this thread... fyi... [/quote

I know, but there is no talk about the system. Just an indicator attached.
__________________
Elite Manual Trading | Portfolio | Calendar | Suggestions to improve the forum | My Blog

Remember: Signatures must have three lines as maximum
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #55 (permalink)  
Old 08-17-2008, 11:06 PM
riffster's Avatar
Senior Member
 
Join Date: Mar 2007
Location: UTAH, USA
Posts: 227
riffster is on a distinguished road
[quote=Linuxser;226622]
Quote:
Originally Posted by riffster View Post
yep, no worries, but the indicator and temp for this system are attached to the first post in this thread... fyi... [/quote

I know, but there is no talk about the system. Just an indicator attached.
Oic... yeah, the only reason I started this thread in "Manual Trading Systems" is because that is how I trade with it. I don't think an EA would work for this system. (e.g. break outs agains't the trend usually fail)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #56 (permalink)  
Old 08-19-2008, 09:41 AM
Junior Member
 
Join Date: Mar 2008
Posts: 3
TradeTrader is on a distinguished road
riffster

Thanks for sharing, could you explain this method a little more in detail?

I attached the Breakout box and see points where price pierced trough but couldnt move more so it retraced.

How do you determine the strength of a move when price breaks the box. Do you wait for another 2 pips after the break to enter?

What about a Trailing stop?

Kevin
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #57 (permalink)  
Old 08-19-2008, 03:02 PM
riffster's Avatar
Senior Member
 
Join Date: Mar 2007
Location: UTAH, USA
Posts: 227
riffster is on a distinguished road
Quote:
Originally Posted by TradeTrader View Post
riffster

Thanks for sharing, could you explain this method a little more in detail?

I attached the Breakout box and see points where price pierced trough but couldnt move more so it retraced.

How do you determine the strength of a move when price breaks the box. Do you wait for another 2 pips after the break to enter?

What about a Trailing stop?

Kevin
Hello Kevin,

Determining strength and direction are very important. As I mention at the beginning of the thread, it's important to trade in the direction of an established trend (if present). If not, then use the 60ma (yellow line) to confirm direction. Meaning: only take trades if/when the 60ma has a clear direction. The easiest and most generic way to read "momentum" on a chart is to look at the 60ma from left-to-right and see if it has a clear direction. Hope that makes sense, if not let me know and I will try to explain better...

I've never use a trailing stop unless I decide to take a trade "against the trend"...
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #58 (permalink)  
Old 08-19-2008, 03:06 PM
riffster's Avatar
Senior Member
 
Join Date: Mar 2007
Location: UTAH, USA
Posts: 227
riffster is on a distinguished road
Here is a quick example: note how the 60ma (yellow line) moves from top left to bottom right. This is a clear direction or trend. You would only sell the GBPJPY during this period... Hope that helps...
Attached Images
File Type: gif 60ma.gif (19.4 KB, 111 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #59 (permalink)  
Old 08-19-2008, 03:35 PM
Junior Member
 
Join Date: Mar 2008
Posts: 3
TradeTrader is on a distinguished road
Thanks for your reply,

Sure i understand that you use 60MA for trend determination but there are some situations where price seems exhausted and retraces back, i attached some charts to show that.

A possible filter for that could be that we dont take breakouts if the overnight range moved about 50+ pips or so.
Attached Images
File Type: gif usdjpychart.gif (42.8 KB, 110 views)
File Type: gif gbpchart1.gif (40.6 KB, 109 views)
File Type: gif eurusdchart1.gif (35.2 KB, 110 views)
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #60 (permalink)  
Old 08-20-2008, 01:02 AM
riffster's Avatar
Senior Member
 
Join Date: Mar 2007
Location: UTAH, USA
Posts: 227
riffster is on a distinguished road
Yes, I mentioned that if the range is larger than about 70 pips, to leave that day alone, but maybe 50 pips makes more sense... donno...

Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply

Bookmarks

Tags
forex

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

LinkBacks (?)
LinkBack to this Thread: http://www.forex-tsd.com/suggestions-trading-systems/8385-old-dog-new-tricks.html
Posted By For Type Date
Technorati Favorites This thread Refback 07-10-2007 04:29 AM
Technorati Favorites This thread Refback 07-09-2007 05:40 AM


All times are GMT. The time now is 08:11 PM.



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