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I've been manually backtesting the system using the vHandsTrade indicator, and I've been impressed with what I've seen so far, I just have some follow-up questions from what I've read/seen so far: Would you mind sending me this indicator so that I can see what you are seeing, please?
Am I right in understanding that you trade both NY & London sessions, that being 13 or so hours a day on a 5 minute GBPUSD chart with no alert? Yes, you are correct. i trade from 1 hour before London opens which is CET until 12h00 EST
Do you only trade with the trend, specifically the 300-EMA? Yes, I only trade with the trend.
Is there a specific method for using the various EMAs, MurreyMath and SDX-Pivot as Support/Resistances or do you just get a feel for them after trading the XO Method for a while? These MM and Pivot lines are obviously areas where the trade may stop, so therefore I need to see the potential dangerous pitfalls.
Finally, my general impression has been that the method produces a majority of small gains/losses but every so often produces a nice big long gain which makes the system profitable. Is that an accurate assessment? Once you get to understand the CCI in particular in relation to the trade, you will find no reason to make small losses - believe me. Get the hang of it and you will appreciate this method even more
Thanks for all the great work you've put into this system
Hi there, thank you for your kind words. I will reply inside your message in BLUE so to make it easier to understand.
Best wishes.
__________________ "Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
Hi Valeo and thank you for this (and the previous) system.
Until recently, I have been using the original version, although the revised was posted. I had gotten used to it.
Today I loaded the template I found in post#1. I was waiting for a short entry on GU, but did not enter because the 60M supertrend was not in place (it was in the middle).
I wanted to make it easier on my eyes and changed its colour. When it refreshed, it showed that for the last couple of bars, it had been at the bottom, which was not the case before the refresh. Have you noticed this, or am I doing something wrong?
If I see it again, I will post before and after screenshots for you to see exactly what I mean.
Thanks again
One reasom why I am not using them anymore as an entry indication, but more a confirmation. As Martin says, stay with a dedicated 5M_chart.
Best wishes.
__________________ "Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
One small question, just to finish setting the 2nd version correctly.
In post#2, you say that in the TFXO indicator, all values are 4.5 except 5mins which should be 5,
Does this mean that KirPER 2,3 and 4 should be 5 and KirPER1, should be 4.5?
The reason I am asking is because in the template, the values are all 5 except KirPER4 which is 4.5.
Thanks a lot.
Edited, thanks for the reply above. I had not seen at the time of this post.
Hi Valeo and thank you for constantly trying to improve this winning system.
I have attached a copy of my screen with the new template. Just let me know if it is OK, because in the list of indicators I cannot find any of the two SGMAR attachments. although they are in my indicators' folder.
Hi Valeo and thank you for constantly trying to improve this winning system.
I have attached a copy of my screen with the new template. Just let me know if it is OK, because in the list of indicators I cannot find any of the two SGMAR attachments. although they are in my indicators' folder.
Thanks for your reply
No, you have to remove the RSI-3 as shown on your screen-print and replace that with the SGMAR.
I will send new Template and apologise for not having given it a thought.
__________________ "Risk comes from not knowing what you are doing" The Tao of Warren Buffett.
"Avoiding mistakes, makes people STUPID and having to be RIGHT, makes you OBSOLETE." Robert Kiyosaki.
Last edited by ValeoFX; 02-22-2007 at 01:03 PM.
Reason: Adding Template
Linear Mode
