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PIPHORE

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Posts posted by PIPHORE

  1. parameters are a little complex on this also about naming part gets dodgy but yea once understood could serve useful.

     

    can you share what the name to put if I want to copy trade from 1 master and several slaves?

     

    Export EA: system name = ?

     

    Import EA : Account name 1 = ?

    Account name 2 = ?

    slave name = ?

  2. Please find here:

    http://www.megaupload.com/?d=GR8JXF8H

     

    Comparison between Range bars and Renko bars - EURUSD - taken at the same time with same parameters (i.e. 10 pips bar).

     

    It looks like Renko bars are better for Diesel10 system.

    (... and many thanks to Diesel10 for his system).

     

    the illustration above use renko ver 3.2 posted by fxeasy5 on post #76 just for anybody else to see. installation of renkolivechart ver 3.2 the same as Diesel's range bar.

  3. Please find here:

    http://www.megaupload.com/?d=GR8JXF8H

     

    Comparison between Range bars and Renko bars - EURUSD - taken at the same time with same parameters (i.e. 10 pips bar).

     

    It looks like Renko bars are better for Diesel10 system.

    (... and many thanks to Diesel10 for his system).

     

    yeah renko chart looks better and less clutter than range bar chart.... i'm trying it right now.

     

    btw, do you have setting for renko for GBP pair?

  4. I actually use an SMA of 30 and EMA 9 as two of my moving averages. I couple that with bollingher bands and trendlines and it works extremely well. I did not develop it myself I had help from an expert but now I am starting to see the trends and use the averages well.

     

    Below is a chart that is indicating a trend bounce. Let me know what you think. This is on the EURUSD on a daily chart.

     

    Doesn't matter what settings you use as long as you're comfortable with it then by all means use them. Every trader has their own setting which suits their style of trading. I myself use SMA 20 on the daily chart coz for me 20 day MA is good enough for one month worth of data. BUT the most important is try to read price action, the indicator just for confirmation only. The only indicators I trust and use extensively is S/R and trendlines.

     

    Happy pipin'

  5. ============================================

     

    Yes, I have to agree that there is no such thing as Holy-Grail.

     

    But, if you can control your risk with a set of good money management rules for this constant range-bar trend-pullback strategy, it will be as close as Holy-Grail.

     

    It would be more profitable and has less false signals, if this constant range bar system only takes the trades in the direction of H1 timeframe.

     

    So, the new system will be a hybrid of a combination of price-based range bar system and time-based H1 time-frame system.

     

    Hence, if H1 is in an up-trend, then only take all the "long signals" produced by the range bar arrows, and if the H1 is in a down-trend, then only take all of "short signals" generated by the range bar arrows.

     

    With the combination of two, I believe the risk-reward will be immensely enhanced and the false signals will be significantly reduced. But, you may have a lot less signals generated because of the extra H1 time-frame filtering. But the extra H1 trend filtering is worth the effort in order to reduce the false signals hence reduced risk, and increased confidence when trading live.

     

    You can play around with adaptive MA and try setting with higher number than 20 -- that take you to trend on higher TF. But I like 20 coz it's short term trend and try to reduce your TP to 15-20 pips close portion of your trade and let the rest run by trailing SL.

     

    Hope this helps

  6. Been trading with this system for a while now, lots and lots of false signals.

     

    yep there are false signals but not a lot, do you follow system rules? Keep in mind there is NO HOLY GRAIL in forex, and this system is NO exception. But when you practice more you'll realize that this is the closest one. This system is like dark onix system over at TSD but this one with smaller SL which suit me perfectly.

     

    cheers

  7. I have a suggestion to avoid some of the bad signals. Use the arrows as a early warning and then enter once the StoRSI has left the OB/OS zone. You will be getting in usually one bar later but with much less false signals. Hope this helps.

     

    another filter I found which is good is to take long trade when current price is above adaptive MA and MA is slopping upward and for sell trade is vice versa. also you might want to consider NOT taking a trade when the price has travelled far from adaptive MA.

     

    again, thank you Diesel for sharing this awesome system.

  8. Hi PIPHORE,

     

    yes that's right, because in original indi there áre more conditions than crossover 25/75 line. Here is indi which is checks only MA Adaptiv RSI direction and Stochastic 25/75 crossover:

     

    http://www.4shared.com/file/KQN5EEYE/MT4-StochasticRSI-Oscillator_w.html

     

    now it looks like all the arrows are correct, well done San1111

     

    just curious what do you mean the original indi there are more conditions than xover 25/75 line? as far as I know the indi give arrow when it's in oversold area and adaptive MA is green and vise versa. when 2 conditions are not met then the arrow is not printed.

  9. The video has no sound, so it's a waste of time, (he may have posted it on youtube)...there was a link that came up after the purchase....also, no template, just load the indicator and the timing indicator and that's it....no sound on the video was a "flag"...I got my refund within one day!

     

    this mbfx also marketed by FX-U-Turn of Jason Sweezy? I think this enough to raise concern after the flop he did with ForexUTurn.

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