Infomattik

Guys is it really so big secret to tell me on what TF is the EA successful? Sometimes it needs hammer to get an answer!

Is it 15M or 30M or 1H?

Hermes

 

Sorry Hermes, I was away from the thread for a minute! Rob59 answered perfectly...

I had all buys from 4/24-5/1, then all sells after that (EUR/USD)...Daily trend has been down most of the month that's all...

I put up a demo too:

 

http://www.myfxbook.com/members/ChicagoFX/d0gtrader/311262

http://widgets.myfxbook.com/widgets/311262/medium.jpg

 

Default settings - NOTHING changed.

 

Looks good man. Just to clarify, when you say nothing changed I assume you checked SL and TP to "true" correct? Because by default they are set to FALSE.

yes it closes when trend changes

 

Hey Redline, great work once again. I haven't noticed any trades closing when trends change. I have Retrace Exit to false, are you using it set to "true"? I know you're still testing, but if you shared your settings that would be awesome. It appears you're using 125 SL and 25 TP, with no trailing stop. Any info is appreciated!

http://www.myfxbook.com/widgets/301050/medium.jpg

 

Wow great work man, was that with default settings? I just tried to throw it on my live account, but it says the d0gbot ex4 is corrupted...works fine on demo (both FXDD), must be a build 409 issue since they haven't yet switched over for live...

Redline thanks for sharing this, been working well on demo so far...I'm using it with 120 SL, 240 TP and 50 pip trailing stop...280 pips since 5/1/2012. How has it been going in your testing?

This system is profitable for me. If you're losing a lot of pips with a 1:1:5 ratio then you're not using your trading skills to filter out the risky trades, same as with Rebellion, SRS, etc! This is my new personal favorite system.

Golden Behomoth (ST3) link still works, at least for megaupload (Just downloaded tonight)...Most others expire but try the megaupload ones.

This post is for GoodVibrations, I got your PM but I don't have enough posts to reply, but here is what I'm currently trying :

 

Hey G.V., i'm still trying strategies on a demo account. I like the "one touch" options the best, price only has to touch the target one time in a 30 minute period. I'm using the "Synergy" system default template on 15 minute timeframe, monitoring all pairs that the broker (24Option) offers for One-Touch trading. I like Synergy because every 15 minutes that a signal is still valid, it gives a fresh arrow. If the arrow is red or blue and the price is outside of the "range factor" box, I take a touch trade in that direction with a 30 minute window to expire. They only offer touch options during London and US sessions which is good, there's a lot of oportunities each day. So far I've been winning more than losing and my balance is rising each day, some days more than others. Still experimenting but so far I really like it, hope that helps!

Not sure how Red Bull feels about calling him Pit Bull haha...But yes all versions of it are memory hogs, not sure why since it's so simple. I didn't take all trades last night and early today, but I had a string of losses (knew it was coming soon enough). I was up 615 pips and now I'm at just under 490 pips in the green. So be careful, at least on the 5min TF, like any system whipsaws can get ya. Going to continue to test, with US holiday on Thurs I think this week is gonna be a little weird. Time will tell, test on demo!

Vikram, good question lol...I never tried version 4, I was just going through my custom indi folder and tried every trend indicator with alerts. On that note, how is DDFX v4 as a system, ever tried it?

Jamestan I'm using the original template, the new one that Xard uploaded looks like a completely different system...Maybe he can explain it, because I couldn't...

Derricktan here is my template and the DDFX indicator with alert, I only changed the deviation parameter to match Touchline indicator as much as possible. Note that the DDFX color doesn't always change right away but it will give you an alert and popup saying "Bbands going UP or DOWN" which 9 out of 10 times is when Touchline changes colors or is about to touch the "touchline" and soon change color (Or when it just has changed colors and touched). Still would love if someone could code the original Indy with a sound alert ;)

 

http://www.fileswap.com/dl/Jf5JuWUwBW/touchstuff.zip.html

 

Note: You'll need the original system indicators that Red Bull shared in the first post.

Yep you got it, the white line is my entry point...If the colors line up, but price has already passed the white entry line, I wait for the next signal...Monitoring multiple pairs there's a lot of action. When I get back to my trading PC i'll upload the ddfx indy and my set file for it. Made 96 pips today before noon EST, since 11/14 not a losing day, all green. Hope it's not a fluke lol.

 

http://img839.imageshack.us/img839/8683/touchlinestats.gif

 

Uploaded with ImageShack.us

Hey Derricktan, very simple...As soon as I see the bottom touchline indicator change color and touch the zero line, I also make sure the trend candles change color as well. When both of those things happen, I set a pending order at the white dashed (middle) line. If price has already passed the white line by the time the colors change, I wait for the next signal. I set my SL and TP at the aqua colored lines. This is only a 1:1 ratio, but it goes that distance a LOT of the time, so far anyway. I made 500 pips and 50% gain on a $1000 demo account in 4 days last week only trading with TL, monitoring Eur/USD, Eur/JPY, USD/CHF and AUD/USD. I often catch correlations at the same time.

 

I also added the DDFX Major Trend Indicator which gives audio alerts very close to the same signals as the Touchline indicator. So far so good, I'll let you guys know how this week works out!

 

I owe Red Bull a Vodka and Red Bull for sharing! , and thanks to Xard as well. :D

Testing on 5Min timeframe, mostly because without an alert I don't have patience for a longer TF entry lol). So far so good, 6 winners and one loser today, and the loser was my mistake...The lower indicator was sloping but didn't yet change color, so I jumped the gun. If someone could code the bottom Touchline Indy to give a sound alert when the color changes that would be the missing link. Again I'm only taking profit and setting SL at the aqua lines, and I took off the Xard Gann because as it is this thing is an MT4 memory hog, plus it was a little late in my observations.

 

http://img716.imageshack.us/img716/3214/touchline.gif

 

Uploaded with ImageShack.us

Thanks Psaini, I only have a couple posts, mostly been just watching from the sidelines in the forum, but thanks for the thanks! And that was basically my first real trades with Pip Accumulator. I "borrowed" your correlation technique, definitely a smart trio of pairs to trade! I also noticed that you usually take profit at the next support/resistance point, as you could see those were my TP's. I've learned a lot from you, keep up the great work man.

http://img137.imageshack.us/img137/4702/pipsac.gif

 

Uploaded with ImageShack.us

Wow, this thread is monumental! Thank you Soundfx, Psaini, Vikram and everyone else for making this system so much better. I tried it in August but did some "System Jumping", but you guys have inspired me with your success to try again. 3 Winners in the London Session, if it wasn't demo I probably would have exited because the probability crossed zero in the other direction, but my gut (and since it was demo) I stayed in. Do you guys exit immediately when probability goes the other way, or just go with your gut?

 

http://imageshack.us/f/137/pipsac.gif/

Hey Infomattik

Have you compared the 2 versions Which gives better signals

 

Hey Vikram, I haven't really had time to test but they look almost identical. Xard's version seems to trigger all three colors earlier and more accurate than the original (Mostly the Moving Average looking indicator).

 

The lines update pretty often though (Similar to MBFX etc), which is a pain to keep up with lol...You're probably better off with your Pip Accum trades! (Good job by the way)

I googled it and found no instructions, but my interpretation is when you get a fresh new touch on the zero line of the Touchline Indi, and all the colors match for that direction of that trend, set a pending order at the white line, with SL and TP at the aqua lines. You can use the yellow lines as TP 2 but it seems like those are extreme support and resistance. On the 15 min it seems like the aqua lines get hit at a high rate, although it's only a 1:1 if you use the other aqua line as your SL.

 

This is only my guess but it seems like a reasonable strategy.

 

Also I'm using Xard's version with no problems at all...

I'm currently trading on a demo account with Forex Binary One Touch options, using only a currency meter and an RSI Histogram (mostly only looking at the currency meter)...When I see the strength go 80% or better in one direction, I quickly open a one touch trade as long as the target (which is usually only 6-11 pips away) is 10 pips or more away from 1HR support and resistance. Working very well so far, on a 500$ demo account I made $2800 in an hour and a half. Since it was demo I was increasing my trade size quickly, on a live account I'll only be doing $25 each trade...The winners definitely outweigh the losers as long as you correctly ride with the momentum of the current trend, I'm using 30 minute contracts. If this keeps up it's bye bye spot forex for me, it would take me a year to be able to make $100-$300 a day with current USA forex leverage on a small account. I'm just tired of having a nice trade go into profit and only wind up breaking even or hitting stop losses, and this is way more fun. ;)