radicaltour

Could this be ForexMike (Yarman)?

He just got banned from WWI and so he's probably back here causing more trouble.

big thanks to zhangw!

mirrored here in case it gets lost:

http://www.multiupload.com/MJEY0WCWOF

i just opened an account with them, so we'll find out soon how good they are in Live environment...

wait is over...let's see if the EA is really any good:

 

http://www.multiupload.com/7OTYJM3WR0 

 

 

The EA can trade any pairs but default is on EU M30. It uses the typical indicators CCI, Stochastic, Parabolic Sar and ATR.

OK Wakjoe

Try this

 

hi Tiblemont, the rapidshare link expired. Can you or someone else upload the PDF to 4shared.com or multiupload.com?

Thanks so much.

here you go shabz:

 http://www.multiupload.com/ZTUUKJHYHQ 

it was just a line of code and so i haven't tested it yet.

i have a live account with them for a few months now and their spread and execution are top notch. For the most part i think their JForex platform is very good, but of course the majority of all Forex trading is on MT4.

On top of that, the Bridge doesn't work as well as you might think. If you have EAs that constantly places limit orders and delete them, the Bridge will oftentimes miss this syncing, so you'll end up with extra limit orders on JForex. :-(

i read the manuals extensively and wrote down all the important notes. Unfortunately, you'll still need to scan through the original documentation to understand the terminology and what's written here. :-)

 

 

General:

*41% of setups end at the 2nd double arc 37% at the 3rd arc, 8% at the 4th arc, 2% at the 5th arc

 

 

Gann Angles and Horizontal Square support/resistance:

*The very first impulse retracement should not close below the 1*2 Gann Angle.

*the 1*1 Gann Angle is 45 degrees and indicates a normal trend move. Price being above the 1*1 Angle should be in long positions.

*if price moves too steep (ie. outside of the 1*2 or 2*1 Angles) then it'll fall fast but also rebound fast.

*if price falls through the 1*1 Angle and comes back up to break through it, then it's a strong signal of a resumption of the UP setup.

*fib retracements when meet with Gann Angles and higher volume point to the resumption of the original direction

*you can enter right away if a horizontal support/resistance line is broken. But in the case where price breaks through on arc then it's best to wait for another candle to confirm.

*usually if a Gann Angle is broken, price may retest the Angle at a later time but it hardly breaks the Angle again.

 

 

Price behavior around Arcs and Squares:

*when price leaves 3rd arch it's 80% that it will reach the 5th arc

*new trend may start at 3rd or 5th arc

*if price rebounds from the first line of the double Arc (especially with hammer/doji candles) then it's safe to trade the possible new trend.

*if price closes inside the double Arc then most likely the next double Arc will be reached

*if price breaks a horizontal square line then it'll go toward the next horizontal square line in the direction of the trend.

*price tends to retrace or change direction on 3, 5, 8, 13th squares that it passes through.

*at the 3rd or 5th arcs, price tends to rub against it. In this situation, go with the new trend and keep scaling-in

*the timeline at each Arcs are important because they tend to influence price reversals. In uptrend you can expect local lows at those time lines.

*lost motion is when price sway in between a Gann line and thus not respecting it as a support/resistance. Once a major price breakaway you can trade with a stop loss on top or below the Gann line.

*use divergence signals and patterns like wedges/triangles to see if price is getting weaker as it's approaching an Arc and timeline.

*stop loss is to be placed at major Arcs, Angles and square lines. Continue to move stop loss at logical levels whenever a double ar or horizontal square line is broken towards the original setup.

 

Price behavior around Time Lines:

*important time lines are the left, right and middle of a square

*small retracements usually last 2-2.5 timelines before heading toward the main trend again

 

Counting candles:

*always pay attention to the number of candles starting from the original point. For example, candle 89 may end the current trend and start a new trend.

*if the 8th candle produces higher high (in uptrend), then you should buy the dips because the next reversal won't come until candle 13. Same if you're at the 13th candle, buy the breakout because you know the current trend will last at least to the 21st candle.

*use the fib series to count the first impulse wave: 1,2,3,5,8,13,21

 

 

Entry 1st square:

*in 80% of the case a small breakout of the 1st square is a fake-out (usually comes in the 2nd and 3rd (vertical) time line).

*if the arc and the down 1st square are broken shortly after the consolidation, 80% of the time it's a fake-low.

Exit this trade at the 5th time line at the latest (which is the center of the 1st square and also on the gann angle line). Then look to trade in the original direction.

*when price breaks (up) the 1st square blue arc, go long and put your stop loss on the last recognizable low in the 1st square

*enter again when price breaks (up) the upper line of the 1st square.

*if price retrace, then bounce off of the the 1*2 or 2*1 Angles (in the 1st square) then enter in the original setup direction.

 

 

Exit 1st square:

*use the fib series to take profit on the first impulse (ie. the 8th candle or 13th candle)

*Price targets 3rd or 5th arc

*the initial target for the 1st square trades is the 1st red double arc. Often times that arc won't be reached on the first try since price will retest the upper line of the 1st square. So enterring around the upper line of the 1st square is safer.

*exit the trade if price falls below the low of the starting point and use the reverse and double technique

you actually don't integrate it into any other software. It is a standalone application that allows you to draw through a transparent window....hence, the lines you draw is just overlayed on top of any chart you have up at that time. This thing has a lot of potential but i really dislike the fact that it's an overlay. So everytime you change different timeframes and different pairs (which we do so often), you'll need to re-align and re-adjust all the drawings. :-(

hmm..we had a thread that requested this but the author showed up and stopped the thread. I think we're done here unless we want to start a war. :-(

from a strategy standpoint, doesn't it make sense to use this EA on GJ and EJ during london open (breakout)? I just think from a statistical standpoint, these 2 pairs during that hour will almost guarantee to move more than 100 pips. So you're range would be around 45-60 pips.

mandrake, you are absolutely right about this EA. However, the logic is based on Windsor Park's Trade Manager, and one of another forum user said he's made consistent money with the EA for over a year now. He also mentioned that it's not an EA you should let trade automatically. So he definitely knows some trick on picking the right time and dynamic settings for the EA to succeed. I've actually demoed the Trade Manage EA for 2 months! and the best i did was consistently making 1% per day trading the narrow ranges in Asian session. The drawdown was between 1-10%, that's the problem. But i found if you close your positions before London opens, you may still have more winners than losers....

sorry about that, dinj.

I saw this code in the file and so i removed it:

bool l_bool_16 = IsDemo();
  if (!l_bool_16) {
     Alert("You can not use the program with a real account!.", 
     "\n", "Please contact: " + ls_0);
     return (0);
  }

 

We must have gotten 2 different versions. :-)

please see my previous post. I've made the EA work for 4-5 digit broker and also removed the restrictions. :-)

 http://www.multiupload.com/MR8M8WB3GU 

hi Iceman,

here's a second crack at it

 http://www.multiupload.com/TZTVAVGEJ2 

 

I backtested it and it works for 4 and 5 digits and also ECN.

By the way, the FF thread seems to say that there are other issues with this EA. Have you resolved them or do you have your own twist to make this thing work better?

Thanks.

folks, i don't believe the original version works with 5-digit broker automatically.

So i changed it to work with 4 and 5 digit brokers.

http://www.multiupload.com/MR8M8WB3GU

 

By the way, this EA is a (almost) copy of the Windsor Park Trade Manager EA, which if used right can be great. But finding the right settings will be hard for each pair. It's also recommended that you don't have a stoploss. :-)

I know it sounds crazy but i believe (like the Windsor EA) it was made to be placed on multiple pairs. You'll ALWAYS have drawdowns, but it'll also consistently make more money than the drawdowns that you have. People have also suggested to use "rings" of currency pairs. So you would just pick 2 or 3 combinations below, like eurusd/euraud/audusd.

 

AUD/JPY

AUD/USD

USD/JPY

 

CHF/JPY

CHF/USD

USD/JPY

 

EUR/JPY

EUR/AUD

AUD/JPY

 

EUR/USD

EUR/AUD

AUD/USD

 

GBP/JPY

GBP/USD

USD/JPY

 

EUR/CAD

EUR/USD

USD/CAD

 

EUR/CHF

EUR/GBP

GBP/CHF

 

EUR/CHF

EUR/USD

USD/CHF

 

NZD/JPY

NZD/USD

USD/JPY

 

EUR/JPY

EUR/GBP

GBP/JPY

 

EUR/USD

EUR/GBP

GBP/USD

 

EUR/JPY

EUR/USD

USD/JPY

 

GBP/CHF

GBP/USD

USD/CHF

 

GBP/JPY

GBP/CHF

CHF/JPY

hi jjames,

i've looked at many currency meters and i've always come back to this one:

 http://www.multiupload.com/L2SQOMCFML 

 

Please remember to have all 28 pairs display in your Market Watch window....because the indicator actually uses all 28 pairs in its calculation.

hi steve, maybe my question is a little too dumb, but can you please help me understand how ECN brokers (who charge commission) gain from stop hunting? I'd thought that it's in their interest for us to stay in the game longer so that they can nickle-n-dime the hell out of us?

Thank you for starting this thread. :-)

no problem, sisridho.

Please note the pdf file is quite a long and tough read because it seems like the author is not a native English person.

After you install the software, right click on the tray icon and select "Show Overlay"....all it does is it opens a window on top of your chart, so you're really drawing on the separate transparent window (rather than on your actual trading platform). This gave me a lot of headache when trying to figure out.

here's my copy of the full package:

 http://www.multiupload.com/92RX3LR56R 

Grab it quick!!!

Sorry I had to rename the file so that it would be more criptic...

 

I hope we can use this charting software and discuss our forcasting like what chankl78 is doing with the Advanced Get thread. :-)

i urge you to please take a look at Bill McLaren's "Foundations for Success" (videos). I've watched a lot and i must say his videos are excellent regarding understanding of trends...

new manual

 

here's his new manual and it looks different from the original methods. I'm starting to think that he really doesn't believe the original methods would work long term, so he keeps changing it!!!

Quite disappointing...

 

 http://www.multiupload.com/0NN0R07R7S 

 

password to pdf: 0405

this is a very tricky system to evaluate...hopefully other members who thoroughly understand it can xpress their valuable opinion.

 

thank you, hermanless, for your thoughts on the system. I agree with both you and the author regarding the subject of martingale. On one hand the system requires that you double up the opposite positions to make up for losses. By that very nature it is a martingale. On the other hand, it has stop loss in place and it increases lot size as you're winning (based on the shadow trend strategy). Hence, giving us positive expectation in game theory. There's a thread on FF where they've spent a considerable amount of time studying and discussing this (almost identical) idea. You can search for "100% Win Math Grid Ea" and see for yourself.

Also i agree with Mograst about the range selection. Every currency pair has their own average "wiggle" movement (ie. ATR). For EJ and GJ they may move 25-35 pips "just for fun"...and not go anywhere most of the time. It's like a big truck moving around in a garage. So when that occurs, you'll end up losing often and having to double up other positions too quickly. Then counter-intuitively, when EJ and GJ moves 50-60 pips, it can be said that they've finally made up their mind. Just like the big truck finally got out of the garage and decide to move out of the driveway. Hence, there's a higher probability of EJ and GJ moving more than 100 pips, only after it's moved 50-60 pips first. :-)

 

At the end of the day, this strategy can win big but also comes with huge drawdowns. It is possible to lose more than 5 progressions consecutively and deplete your account if you don't trade small lots. That is why it's important to trade this system manually. So that one can cut loses and stay out of trouble, better than any EA can do.

Platinum$_v_4_0_9 look good and expensive...

 

http://cgi.ebay.com/Forex-Automatic-trading-Robot-Expert-Advisor-Forex-EA-/230373220726?cmd=ViewItem&pt=LH_DefaultDomain_0&hash=item35a3506176

 

http://www.multiupload.com/IH2PD0P9VO

 

but there is error so can not open price...can senior here educate it:)

thank you....

 

suyadi, i believe the EA is working. The error i saw was Modify Error 1, which doesn't affect the EA at all (since it means the EA changed the SL but the new SL is the same as the old SL, so nothing happens). When you backtest, it may seem like it's not working. That's because it uses a whole bunch of indicators on multiple timeframes. So not only does it not trade often, the backtest may seem like forever to get through each day. Try this, run backtest just for 2009-08-24 to 2009-08-28. You should get 3 trades. The code also accomodates for 4 and 5 digit brokers, so everything's good there. Also, use EURUSD H1 instead of M5.

Good luck.

it seems there are three strategies one is the money mangement part of the millionaire pdf, the other is the shadow trend part of the pdf and the third strategy is the last paragraph of the millionaire pdf where he doesnt double up

 

The basic strategy is of course just one but there are three forms of position sizing and I wonder which one he's using

 

i totally agree after looking at the trades he'd posted on the blog. Sometimes he doubles the lot size with 10 pip intervals, and sometimes he'll do the opposite by tripling up on the first step then decrease on the second and third. And then sometimes he'll just keep the same lot size for all steps.

Furthermore, his exits are mainly discretionary even though it is usually around the price that the system rule specified.