freddy

Hi sillykiddo,

 

...............................; Hence, these numbers must be calculated from elsewhere, which I'll need to think about.

Perhaps ATR for different period of time?

If you browse your charts down to one hour, here are the numbers found on FXPro broker.

http://img203.imageshack.us/img203/4782/monthweek.jpg

So for Weekly, they use the close of midnight H1.

(That I understand)

for monthly, they used the open of the 2PM H1.

Why 2PM? I cannot figure, but it was the last day of December!?

I have the MKS trendline indicator plots 4 lines though, I am sure the coders here can alter it to display only 2 eagle lines.

It has a useful GMT adjustment.

Hi Shabz,

I found that one on internet, I don't know if it is the most recent.

Is it different from yours?

hxxp://www.35pip.com/metatrader-indicators/4-trendline-v3-2-mks-mq4/[/Code]

Does anyone have the Asian session setup ?

I think it is 17:45 (est) candle

About the asian session, here is what I found in the snapshots that I did, before the forum becomes private.

It might give some light!

http://img831.imageshack.us/img831/3694/003119jan0841capture.jpg

Hi Bill,

I usually don't like EAs so much, but this one seems quite interesting and I may consider buying it soon.

I have few questions, if you don't mind.

I see you use Tadawulfx.

The minimum lot size and increment is 0.05.

If you change: LotsDecimals=2 (instead of 1)

Do you think FMT will take it into account and if yes, can you try to backtest with this parameter, it could boost a little more your already fantastic backtest! (and lower the risk on the early stages).

Also, if you get the time, could you try a backtest with (both parameters) but with the beginning date: April 11th to see if it goes through DD, or if it crashes!

And last one, are you happpy and confident with Tadawulfx?

Thanks a lot for your answers.

Freddy

Just downloaded the latest...and last. Formatted as best I could

 

FMRL EURUSD GBPUSD EURJPY USDJPY USDCHF USDCAD AUDUSD GBPJPY

Monthly(+4) 1.40752 1.63423 114.358 85.676 1.03225 1.0421 1.1213 136.34

Monthly(+3) 1.39268 1.61854 113.097 84.700 1.01128 1.0326 1.1002 134.26

Monthly(+2) 1.36794 1.59239 110.996 83.074 0.97632 1.0168 1.0652 130.80

Monthly(+1) 1.35310 1.57670 109.735 82.099 0.95534 1.0073 1.0441 128.72

Monthly(0) 1.33826 1.56101 108.474 81.123 0.93437 0.9978 1.0231 126.64

Monthly(-1) 1.32342 1.54532 107.213 80.147 0.91340 0.9883 1.0021 124.56

Monthly(-2) 1.30858 1.52963 105.952 79.172 0.89242 0.9788 0.9810 122.48

Monthly(-3) 1.28384 1.50348 103.851 77.546 0.85746 0.9630 0.9460 119.02

Monthly(-4) 1.26900 1.48779 102.590 76.570 0.83649 0.9535 0.9249 116.94

Weekly(+4) 1.41260 1.62806 116.531 84.301 0.97948 1.0185 1.0198 134.56

Weekly(+3) 1.40147 1.62191 115.661 83.951 0.97491 1.0132 1.0131 134.05

Weekly(+2) 1.38291 1.61167 114.212 83.368 0.96728 1.0043 1.0020 133.21

Weekly(+1) 1.37178 1.60552 113.342 83.018 0.96271 0.9990 0.9953 132.70

Weekly(0) 1.36065 1.59937 112.472 82.668 0.95813 0.9937 0.9886 132.20

Weekly(-1) 1.34952 1.59322 111.602 82.318 0.95355 0.9884 0.9819 131.70

Weekly(-2) 1.33839 1.58707 110.732 81.968 0.94898 0.9831 0.9752 131.19

Weekly(-3) 1.31983 1.57683 109.283 81.385 0.94135 0.9742 0.9641 130.35

Weekly(-4) 1.30870 1.57068 108.413 81.035 0.93678 0.9689 0.9574 129.84

All clear to me Monsieur IE!

No need to report it to the mods!

thx again, freddy,

that is exactly what I was looking for ;-)

 

But there seems to be something wrong, on demo account this shows the correct "current profit" but not on real account. There it shows the "current profit" in although it should show a "current loss" because the open trades have a negative value. Could someone check this please.

Sorry mate, it just happens that I had what you were looking for, on my hard drive, but I don't use it.

Perhaps a coder can have a look at it!

The other system would be the same ? and we need to find the times for the other sessions ?

 

New York, London, Asian, & European

From what i recall there is another setup (probably NY setup) where he used

08:15 EST and draw his "eagle" line between 03:15 EST and 08:15 EST.

I think European and London share the same setup.

I don't know what time he uses for Asian, but I think it is possible to find it by deduction it (but I don't trade Asian session)

you need to loosen those fingers Freddy....

 

I have been looking into this trying it out before SamW posted

 

.......For confirmation draw a line from the close of the 17:45 candle (15 minute chart) through the close of the 02:45 candle. If a candle is above the line and not touching it enter a long trade and if the candle is below the line and not touching it enter a short trade. What we are doing is confirming our trade with #1. These lines, which I call Eagle lines, are not new with me but something my mentor showed me years ago. How to draw your eagle line: If the 17:45 15 min. candle is bullish (green) start your line on the top of the candle body (not the wick). If your 17:45 15 min. candle is bearish (red) start your line on the bottom of the candle body. So if the 17:45 candle is red and the 02:45 candle is green your line will be drawn from the bottom of the 17:45 candle through the top of the 02:45 candle. This line extended through the 02:45 candle will normally act as support or resistance in future price action.

 

can't realy seeing why this matters or what it realy contributes?

 

..............For a short entry: If the 03:15 candle opens below the 03:00 candle wait for a 50% retracement on the 03:00 candle before entering a short trade. Take 20 pips if there is room between the entry price and the 60sma. A Long trade is just the opposite. Often, but not always, you will see a 50% retracement after your signal candle.

 

this could be important......back checking i've seen a lot of bad trades that could have been avoided waiting for this to happen.....however, once it's retraced 50% I believe we must wait for the candle to go back past it's opening price (same direction as signal candle) before we enter and not just enter on the retracement.

He says himself that he uses the "Eagle line" for confirmation.

It reminds me the same kind of lines drawn between two candles in the system shared by craven (the thread which never ends!) and also as noticed by Shabz: the M/K/S/ trendline system.

All these lines, like any Support& Resistance lines have values if used with price action, not just on their own.

god (hehhhe i'm talking to god) you can thank any poster by clicking on the gray 'thanks' on the bottom left of each post..........just like i did for SamW (good work mate)

Lol, Kraven,

You were faster than me!

Thanks for this Kraven. Hey how do I thank you so it is recorded in your number of thanks?

Your Holiness,

The world was not built in a day.

With all due respect, let me remind you of the rules you've laid yourself: A few extra messages, O Divine Word and You can thank your servants.

Then, miraculously, the button will appear in the lower left corner, right alongside the stars.

Your humble servant

Freddyctus

paul may have changed his mind about this. but i can bet he's on some island somewhere enjoying. if it's true that his zz doesn't repaint.lol

http://img402.imageshack.us/img402/7117/paulik.jpg

Ok, thanks Soundfx, that makes sense!

also on a side note, I just received an email

 

Hi Fred

 

A belated happy new year to you!

 

I've just finished writing a short eBook on the subject of MQL4 objects that you might like to take a look at. There's also a tutorial on how to build a very simple but useful indicator. I wrote the first version of the indicator 3 years ago and I still use it today. It's an invaluable addition to any Forex traders arsenal.

 

There's no cost and you are more than welcome to download it and give it to your friends or whatever else you'd like to do.

 

You can download it here: http://www.automatedtradingsoftware.com/blog/ea-programming/327

 

Hope you enjoy it.

 

Kind Regards

 

Steve

[/Quote]

 

 

Apart the interest of learning about MQL4 coding, I post it here, because the useful indicator he is talking about might be used in strategies like the one discussed here.

 

For lasy people who don't want to "type" the code, here it is:

http://www.multiupload.com/VQ6PFE1F61[/Code]

They are using 23:00 GMT as market open on Sunday

So one would have to use a broker that opens no later than 23:00

iwjw (and sillykiddo),

 

It's probably worth us adding another parameter "HandleGap" set to true or false which will allow you to use the indicator from the previous month/week high/low if your broker opens later than 23:00 GMT.

Great job you are doing both of you, but if I understand correctly they use Sunday's open at 22:00GMT, not 23:00GMT, am I correct?

look at this excerpt:

http://www.forexfactory.com/showthread.php?t=267607&page=14

Post#208

 

--------------

 

We publish our FMRL numbers a month and a week in advance.

 

Monthly numbers within the first 90 minutes of the first day of the month.

 

Weekly numbers within 90 minutes of the week's market open.

 

Currently that means by 23:30 GMT on Sunday.

 

We do not currently publish daily numbers.

 

-----------[/Quote]

Here is the entire package educated with the manuals.[/Quote]

 

 

 

 

Thanks to you, too!

 

http://img513.imageshack.us/img513/5763/tes2h.jpg

http://www.4shared.com/file/sPcFpDLm/Signals_Machine_For_GBPUSD_Wit.html

You are the "good devil" in this forum.

Thank you for all your magic tricks!

http://img197.imageshack.us/img197/5650/testtv.jpg

Lots of good advice here Jeff, only trouble is that it comes from people who have put in the time learning.

 

There is no system like you are wanting. Not for you, there isn't. The reason is that you have to know things that you cannot answer yet. Conglo has set it out, Freddy - with a Y that is not me (IE) has told you the whole story pretty well (except there is a Holy Grail and I am still looking for it but sush not a word to (Y))

 

I have gone from 1m charts with simple rules to Day charts. Lots of people end up there.

 

My preferred system is breakouts on a 15min TF because I cannot alter my EA to trade properly... This is just an EA to open and clost trades at levels set, not a magic robot that will blow my account.

Since I am awake at the midnight GMT I am looking for an End of Day system while I wait for the London open for my breakout trade to start.

 

With all due respect to Pipspot, I find the pin bar reversal too difficult whereas the Inside Bar daily system, in the same book is my idea of simple and easy...and time saving. BUT, that is my opinion... Pipspot can use PBs whic I cannot!

Hi Fredd(IE),

Indeed, lots of good advice, as you say, 14 answers already, but Jeff has probably found its own:

HOL(Y) grail, or should i say its own:

ô, L(IE), grail.

Very good week full of pep and pips!

Fredd(Y)

P.S.: Amazing, a part of your message is unreadable to me!

P.P.S. : Ah, of course, I will approach a candle (Japanese) near my screen, I had not thought you were using invisible ink!

Dear Jerrydeng,

Mac10 is perhaps japanese but very dangerous.

Use only in extreme emergencies.

At your own risk.

http://img508.imageshack.us/img508/9440/mac10.jpg

MAC101 is a priori more useful for managing your 101.

Finally, the light at the end of the road.

http://img826.imageshack.us/img826/5148/mac101z.jpg

A link to your query would be welcome!

We have got to stop putting up these 'spoof' systems, Freddy, people take us seriously!!

Yep, I know what you mean ;)

but I still think that most people can read between the lines!

I'm wrong sometimes.

Hey, by the way, Freddie,

what time your plane arrives at "Roissy Charles de Gaulle", I can pick you up at the airport!

I look forward to being a millionaire.

Guess what!

What is a billionaire whose fortune evaporates?

The best path to become millionaire.

haha that is reason why the system name is forex jerk

 

beside that, just watch the chart all indicator are free.

 

except u need to add few line of code and drag and drop ma to WPR and CCI

 

there is problem with setup as I do not know what is =>MA is

 

other then that this is best as I can come up with

 

oh on the main chart is Heiken Ashi (with all candle color black)

Mtuppers,

I am sorry to disappoint you, but WPR and CCI (used in "GENI system" are not in the "jerk" system.

Jerk is even poorer than GENI, lol!

So to avoid confusion, I made a new pic.

(If it is too small, you can right click and open in a new window, or new tab)

In the bue rectangles, this is the "jerk" system with all its contradictions.

Indicators are: HA, Moving average,Momentum and Stochastic.

In the green rectangle it is my "GENI" system, not the same indicators, see my post#8.

I just wanted to show that it is easy to throw two or three indicators, and with a little marketing, become a scammer, but here with "jerk" we are dealing with low-end.

With a little more skill, patience and investment, you can "invent" sophisticated systems (apparently) and sell them to innocent, ready to believe anything. (somewhat in the manner of Bill .....Pity)

There, on the subject, there is abundance of scammers:

94% of the forex business is low end.

5% "sophisticated"

and only 1% honest.

So watch out!

http://img138.imageshack.us/img138/3596/jerk2t.jpg

It looks like butterfly patterns.

Just google and you will find lots of stuff, gartley or butterfly....

Here is one example:

http://www.mefeedia.com/watch/29872029

Hi Newbee,

Try that EA, it should do the work.

hxxp://www.multiupload.com/1XCH456KMG[/Code]

Like you, I was inundated with emails about "Copy paste ..." (at least 40 since yesterday!)

For now, I have received only one email from Freedom Formula ...about.... Signal Generator.

I did not answer.

I await your visit with pleasure, you can teach me your "How to Become a Millionaire" orally, it will be more enjoyable!

Unfortunately, I will not be home this weekend!

You'll have to wait a bit.

See you soon, you are welcome in Paris, dear Freddie!

Forex rejuvenates you, here's why you get these proposals. Wait a few more years and you will receive proposals to fund your birth.

We live in a great time! ;)

thanks freddy: can u pls post your link to your system?

You are kidding, don't you? ;)

I bought this system , I won't share (because it would be unfair with such a honest guy and I already shared +10 systems on the forum) , but I can say it is good , it is based on indicators.I haven't tested it yet on demo account , and I don't know if you guys will like it , but I'm recommending it , as the price is low.Ok ? Thanks

If it was of any value, I would buy it myself and

I would agree with you (not being unfair with such a""""honest"""" guy)

You cannot say it is good.

You don't have to test it on demo, just read his pdf and you see there is no value at all.

The idea of sharing here is not to steal the honest guy, it is to avoid to "fat" scam artists.

The fact that we share here on II, avoids unnecessary costs for "crappy stuff".

You would have shared forexberk, would have allowed Businessman to spend $48 in something else that you would turn to your advantage to try a new product.

When we find a "real" good "product, it is our duty to pay the" real "creator" so he can continue to "create" "good"products.

I admit they are rare.

Imagine II as a big family.

If in your family you want to buy a new phone, you buy "1" and you look at it from all sides with all family members.

If the product is good, you buy one for each member.

Otherwise, you wait for the next one!