traderwin Posted June 10, 2012 Report Posted June 10, 2012 Both systems are from Russ Horn. However, I have noticed that the website of FMM does not accept orders anymore while FR still accept orders. Could somebody provide a comparison of these two systems? Do you know why one does not accept orders while the other one is still open? Is FR better than FMM? Thanks! Quote
iqofgenius Posted June 10, 2012 Report Posted June 10, 2012 As I stated in other posts, I have made a ton of money using Rebellion with just a minor modification. Backtested through just the last 2 days on Euro and GBP pairs it is almost 100%. Never did understand the FMM nor have I heard much good about it. traderwin 1 Quote
Lemon451 Posted June 10, 2012 Report Posted June 10, 2012 iqofgenius : can you please explain which modifications you did to FR ? Quote
iqofgenius Posted June 10, 2012 Report Posted June 10, 2012 Hey Lemon, Actually no modifications, just rules. I trade on the one hour chart and when I get an arrow signal, for example a downward pointing arrow, I then look for the next previous low candle with 2 higher lows on either side of it and place my sell order 2 pips below that point. The reverse is true for longs. Pull up a EUR or GBP chart and check it out. Also, I only go for 20 pips. If I think it might move further, I move my stop to 20 pips profit. 20 pips a couple of times a day will make you more money than you can possibly spend. nataraja, FXstoney, KelvinHand and 17 others 20 Quote
mark1504 Posted June 11, 2012 Report Posted June 11, 2012 So you basically apply that srs trend rider technique where the human eye factor come to play or have I misunderstood you ? Quote
Sesshoumaru Posted June 11, 2012 Report Posted June 11, 2012 Also, I only go for 20 pips. If I think it might move further, I move my stop to 20 pips profit. 20 pips a couple of times a day will make you more money than you can possibly spend. Thanks for you clarifications. one quick question, if tp is 20 pips, what is the sl? Thanks in advance! Quote
iqofgenius Posted June 11, 2012 Report Posted June 11, 2012 So you basically apply that srs trend rider technique where the human eye factor come to play or have I misunderstood you ? Yes, exactly and I am very strict on whether it is a real previous high/low and not just a spike. Quote
iqofgenius Posted June 11, 2012 Report Posted June 11, 2012 Thanks for you clarifications. one quick question, if tp is 20 pips, what is the sl? Thanks in advance! Here again, I like the EMA high/low at the point of entry. Also, if it takes over 3 hours to hit the buy/sell stop I withdraw the trade. Really, check it out on your charts from last week and I think you will be impressed with the accuracy. If you miss a move because of the rules, well so what. Trades are like the city bus; there's always another one coming along. hiramoti and joeher133 2 Quote
Lemon451 Posted June 11, 2012 Report Posted June 11, 2012 Thank you very much iqofgenius for all your clarifications. Quote
traderwin Posted June 13, 2012 Author Report Posted June 13, 2012 I only know that FR is $97. But I don't know how much was FMM, because it no longer accepts orders. traderwin, what is the price difference between the two? Someone told me Forex Rebellion is $97 with 4 indicators and 1 pdf. While FMM is $999 with 8 DVDs and membership to 24/7 Trade Room, so FMM has more to offer. Quote
hermanhess Posted June 15, 2012 Report Posted June 15, 2012 Here again, I like the EMA high/low at the point of entry. Also, if it takes over 3 hours to hit the buy/sell stop I withdraw the trade. Really, check it out on your charts from last week and I think you will be impressed with the accuracy. If you miss a move because of the rules, well so what. Trades are like the city bus; there's always another one coming along. what sort of position sizing do you use? Quote
hermes Posted June 15, 2012 Report Posted June 15, 2012 Can somebody be so kind and put link for the Forex Rebellion? Thanks Hermes indo37 1 Quote
grisleback Posted June 15, 2012 Report Posted June 15, 2012 Can somebody be so kind and put link for the Forex Rebellion? Thanks Hermes Here's a current link: http://www.mediafire.com/?izmumy02luu Loustar1, konstantin, FXstoney and 4 others 7 Quote
iqofgenius Posted June 15, 2012 Report Posted June 15, 2012 I trade full lots and use the out of the box Rebellion. You really don't need to buy it. Simply set up you 5 EMA's, Donchian, and QQE and you are ready to go except for the EA which has been shared on Indo several times. That $97 package will make you very well off if you follow the basic (and my) rules. I think Tradewin has it down pretty good now. Complicated systems scare me because there are too many things to go wrong. Keep it simple, keep on track, don't change the rules and don't get greedy. Loustar1, indo37 and pipette4x 3 Quote
westvleteren Posted June 17, 2012 Report Posted June 17, 2012 Iqofgenious, As I use Ninja, I would like to use the Forex Rebellion on Ninja. No doubt other traders may also use other systems and may be interested to port the FR to their respective systems. If you have the time, would it be possible for you to compose a doc with the settings of each indicator and with your rules (so not the rules as they come with FR). Thanks in advance for your time and patience in this matter. Quote
hermes Posted June 17, 2012 Report Posted June 17, 2012 I don't like the Rebellion's QQE Adv indicator, not straight forward. The 5EMA shifted is method borrowed from other system . I used the 3EMA shifted 3 and it worked fine. Hermes Quote
pipette4x Posted June 24, 2012 Report Posted June 24, 2012 Give this settings a try. thanks, i'll take a look at this method while on holidays. alansim 1 Quote
Guest FloridaTrader Posted July 10, 2012 Report Posted July 10, 2012 Give this settings a try. ianf0ster.. question, are these the settings for the 1H Chart? Also, would you use same settings for4H charts? Thanks! Quote
iqofgenius Posted July 17, 2012 Report Posted July 17, 2012 Just an update my friends. I am still making a killing using out of the box Forex Rebellion with my additional entry rules. This thing is running about 90% winners which you can check out on your own charts on the E/U, E/J, and A/U Yoda 1 Quote
Deorn Posted July 17, 2012 Report Posted July 17, 2012 hi iqofgenius, got a question about your additional rule, the human eye rule by vladimir do you enter like this: http://yfrog.com/2ogbpusd1hp http://img96.imageshack.us/img96/7059/gbpusd1h.png you get an entry signal by forex rebellion, then watch for 2 candles with higher low, then entering short if the highest low breaks? if so, there would be far less signals greets Quote
iqofgenius Posted July 17, 2012 Report Posted July 17, 2012 You go back to the PREVIOUS low surrounded by two HIGHER lows. In the case pictured (which is different from my chart) I would have gone back to what on your chart should be the 0400 candle. Quote
metal1713006284 Posted July 17, 2012 Report Posted July 17, 2012 igofgenius can you make a visual example of this rule thanks Quote
joeher133 Posted July 17, 2012 Report Posted July 17, 2012 You go back to the PREVIOUS low surrounded by two HIGHER lows. In the case pictured (which is different from my chart) I would have gone back to what on your chart should be the 0400 candle. Hi iqofgenious. I have been implementing the human eye rule but I have a question. How do you deal with signals that appear in a strong trend and there is no previous low before the signal candle's low in a short trade or the previous low is way too far say 20+ pips? Thanks for your valuable input by the way. Quote
iqofgenius Posted July 17, 2012 Report Posted July 17, 2012 In post #26 the blue candle at 11:00 is an example of a previous high (potentially). A high with two lower highs on either side. A previous low would be the reverse, a low with two higher lows next to it on either side. Quote
Deorn Posted July 17, 2012 Report Posted July 17, 2012 ok i think i've got it like this? http://yfrog.com/5ugbuspdp http://img210.imageshack.us/img210/7586/gbuspd.png entering short if the low of candle number 1 breaks? or going short directly after we get the signal by forex rebellion because simultaneously the low of candle number 2 was broken and that candle was also surrounded by 2 higher lows ? metal1713006284 1 Quote
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