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MickeyMar replied Oct 18, 2017Crystal clear Damian, all I wanted to know was how you implemented the rule into the EA. I got your answer, it's perfect the way you did it. Let's see how it goes, the EA is on now, I will watch the equity curve on the basket of pairs. Cheers and ...
Channel MA Short-Term System
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MickeyMar replied Oct 18, 2017Damian, by the looks of it you included all that's been discussed, thank you! I will immediately start testing it across all pairs, to see how it behaves & get back to you guys with feedback when I have it. Looking forward to your suggestions or ...
Channel MA Short-Term System
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MickeyMar replied Oct 18, 2017actually, from what i see in the chart you posted, nr2 is not a signal - the signal line just goes into the channel... it doesn't come out again, to reconfirm.
Channel MA Short-Term System
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MickeyMar replied Oct 18, 2017Excellent question. No hard stop is ever perfect... Actually, if you can trade the system manually, it's ideal to reduce the stop if you can. If you can place a stop of, say, 35pips or 30pips, and still be safe (stop beyond the channel, maybe even ...
Channel MA Short-Term System
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MickeyMar replied Oct 18, 2017since several guys asked, I give one more example of a perfect delayed entry from yesterday (didn't take it myself, but the EA would have caught it). Of course, not all will work like this: image
Channel MA Short-Term System
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MickeyMar replied Oct 18, 2017Aaven: on my template (shared in the first post) all you need to do is right click BOTH a red AND a green arrow, and under "visualization" check all timeframes, and it will appear. I simply didn't want signals on all TF, that's why I removed them. ...
Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017yea, I know what you're saying... I thought of a thousand additional filters myself
but in the end, the simplicity is its advantage. One filter only I found to be worth while and making results more "stable" in the mid-term and long-term: taking ...Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017The reason has to do with what you just mentioned - escaping ranging markets. If we enter too quickly we may be too early, or not escape a choppy period. My main objective was to keep the system COMPLETELY OUT when the pair I trade is being choppy ...
Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017interesting thought! I have always monitored, because I've used discretion. But with an EA, we won't have to. However, it would be nice to know what would happen if we traded the system the way you suggest... like: open a trade on the current active ...
Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017The EA should have one very important feature, without which the results would be a total mess (I don't know if the current EA has it, because i can't see the code): the signals should be considered valid only if they are PRINTED on the chart, ...
Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017Yes, it's true Bandit entered late but I'm assuming he doesn't sleep on the PC, so probably he saw the signals late and followed them as he could. I do that too, as I said I have no EA so I can't be that precise, I've always used discretion. That's ...
Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017See the first post, and the chart examples. The delayed entry is simply an order to sell or buy (according to the signal which came out too far from the channel), when price reaches the level of the signal MA (33EMA applied to close). Or you can ...
Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017Well done Bandit. If you had caught the signal when it originally came out, you'd have made twice as much
good job. Guys, I posted indicators and template in the first post. The arrows are my improvisation, from some indicator I found here on the ...Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017Let me give you guys a sample of how I use the system - taking today as an example. EURUSD image Today we had a very early signal reconfirmation (because the original signal short is from October 12. I don't trade at those hours, so I found it in ...
Channel MA Short-Term System
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MickeyMar replied Oct 17, 2017First of all guys, thank you all for the positive response. I feel that together we can make the best of this system, and hopefully manage to start trading it via EA (automated). I will try answering all questions. Cix79, Im not sure what you mean ...
Channel MA Short-Term System
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MickeyMar replied Oct 16, 2017Correct, an error slipped in when I pasted from the word doc. Fixed now. Long is when signal crosses ABOVE the channel, short when it goes BELOW. Thanks for pointing it out.
Channel MA Short-Term System
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MickeyMar replied Oct 16, 2017The settings were somehow wrong - now the EA is working. Thanks mrdfx for clearing up the pairs issue for me, I get it now. Still demo trading it, seeing how it works. Cheers!
CCFp weekly signals (set and forget basket trading)
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Channel MA Short-Term System
Started Oct 16, 2017|Trading Systems|656 replies
About Me I have been trading for 12 years now, and for most of this time I've made my living ...
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MickeyMar replied Oct 16, 2017I get that now - but still, the window where I opened the baskets last week, now it's gone. So the indicator is monitoring ALL pairs? from what I understood and saw in the template, there were specific pairs being analyzed, not all of them.. my ...
CCFp weekly signals (set and forget basket trading)
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MickeyMar replied Oct 16, 2017Guys, im really sorry if I ask a question that was answered before, I went through the thread but could not find this answer. Could anyone tell me why the trade monitor uses those pairs exactly, and not others? there seems to be a logic behind this ...
CCFp weekly signals (set and forget basket trading)