@ Han'ei System strategy @

[wilson]

Thanks patheway

[patheway]

de nada

 

anytime

[jimsmith]

thanks 4 sharing, looking forward to detailed instructions. its fairly clear, just what the yellow star, letters near non lag (B) and the ratio near last candle. thnx

[Guest fxprofits]

hi Pathway,

Thanks for your system. It looks good.

I can see all your screen shots but i still don't understand the rules..

How many confirmations do we have to wait for before we make the perfect entry..

in the above screen shot you have only one blue waddah bar. does the bar has to be long to enter the trade..

still a Little confusing..

would you please explain the perfect entry in a screen short with markings.. which candle do we enter and which candle do we exit..etc.

please help me..

 

thanks in advance.

[jimsmith]

i think he's refering to getting out.

the way i see it is: wait for a yellow non lag bar, then watch for both waddar bars to agree to enter. also use the TDI visual to confirm trend and entry.

at the 1st oppisite waddar bar look at exiting, or a change from aqua/pink to yellow on non lag or oppisite to tradeTDI arrows.

 

my issue is disapline, getting in too early. and out too late. the theory of a quick in and out is hard to grasp.

yes im trading the lon sess but also running an EA an a longer term system too so trades are muddled. ill try solely this system tom night and report back.

its hard to find a good scaping system, or any good system for that matter. i hope this is it.

 

the other 2 my using are forex cobra, seems good but who wants to get up at 4am to exit a trade and Pips miner EE. also good for an EA (im scepital of them too) but im waiting for the big loss due to too many open positions.

 

Good luck to all of us..

jim

Edited June 29, 2010 by jimsmith

[alright]

However in the meantime rules simple m5 you know.

Wait till you see both wadden bars in agreement(there are 2 wadden indicators

Hi patheway. First of all let me say thank you for sharing this.

About the the waddah indis, I will add my question as well: for a buy is it necessary to see a blue bar on both or the Explosion can be blue and the Scalping can be neutral (as long as it's not red)?

 

P.S. - How do we add an image? i clicked the Add image icon and pasted the URL but nothing appears

Edited June 29, 2010 by alright

[Elma]

It was fun scalping using this system..Thanks patheway!!!

I'm trying to get proper money management..

 

SL=20

TP=30

Breakeven or trailing start on 15pips.

 

 

I'm testing it on higher TF like H1 to get more pips..

base on backtest it is workable on higher TF as well..

[isssac]

Hey Thanks you Will be testing it on my demo account :)

[Guest fxprofits]

Is the waddar scalping indicator really required, we get good signals without waiting for it.. waddar explosion is fine in combination with the other indis.. please correct me if i'm wrong..

 

thanks.

[patheway]

Please read my post just after yours I addressed this question..

Enjoy

Patheway

 

Is the waddar scalping indicator really required, we get good signals without waiting for it.. waddar explosion is fine in combination with the other indis.. please correct me if i'm wrong..

 

thanks.

[patheway]

Hi Elma,

 

You are correct it wll work on higher TF.

I have not used it for anything more than 1hr but would be nice to know how it would work even higher.

enjoy

patheway

 

 

 

 

It was fun scalping using this system..Thanks patheway!!!

I'm trying to get proper money management..

 

SL=20

TP=30

Breakeven or trailing start on 15pips.

 

 

I'm testing it on higher TF like H1 to get more pips..

base on backtest it is workable on higher TF as well..

[jjames]

Hi patheway my pic will explain my question what about a skype group for just some people?

 

http://img686.imageshack.us/img686/4876/nonlagma.png

[altoronto]

Patheway, first of all thank you for your system, it's definitely worth for practicing and earning money. My question is for how long you are testing and it or using live and what's your hit and miss rate?

 

Thank you in advance!

 

Btw. Can you post link for donwload this system? kiddin kiddin bro ... :)

[patheway]

Hi James,

 

 

Well I don't trade 1mtf however I would say that would be a no trade for me ,at best it's borderline meaning I don't think you will lose money fast but not make much either with that set up..

Hope that helps

Paethway

[Marchello]

Read WHOLE Thread and now starting to test with no rush .. THANK YOU !

[alright]

The First way is marked for you notice the 2 lower blue triangle kissing. This is the safest way to trade this on the second bar when you have agreement on the close of the second bar you enter.

To Exit you need 2 bars also as shown .

patheway, you're making this thread even more valuable with your suggestions.

Now please forgive me my fussiness, but for short entries you mean 2 consequent bars closing below the non-lag indi after a change in direction, and for exit 2 consequent bars closing above it, no matter if the indi hasn't become yellow yet (as it looks like from your pic)? Opposite for longs of course. Thanks again.

[hermes]

Thanks to patheway for the genial idea. Guys, no Skype or what's ever! If it really works keep it secret as long as you can! Be afraid that somebody could spy on it! Don't tell even to your wife! I put on gambling forum my roulette holy grail and I am afraid very soon casinos will not allow that bets! I made a mistake don't do it again. If something works keep it secret not like Kishore, big mouth, sells a system which is already contraindicated on Wall Street. No system sold to public will be successful because market makers/specialists and financial corporations (NFA, CFTC) have the instruments to make it nil! If they cannot kill you they will change the rules! They will try to do your life so miserable as possible. No hedging is just one example.

Learn from my mistakes.

P.S. what is the meaning of wadden? I couldn't find it in dictionary. Wadden= widen?

Cheers Hermes

Edited June 30, 2010 by hermes
more ideas

[patheway]

Thanks I hope we can

Patheway

[rozario173]

Hi Patheway,

 

Is the aqua/pink line a moving average and if so what is it 50, 25, 80, etc?

Thanks for system

Many pips to all!

[Guest fxprofits]

Ok guys going to bed here' my last screenshot for the day and my thoughts.

Enjoy

Make those pips

Patheway

 

http://img189.imageshack.us/img189/1397/36phy.jpg

 

Uploaded with ImageShack.us

 

hi Pathway,

 

according to your screen shot i see some similar setup just before your entry.. but it doesn't work right there.. ??how do we filter these false signals?? do we have to wait for strong buy/strong sell TDI signal to the lower right side of the chart???? does your entry depend on it?

 

Please advise..

 

Fxprofits

[alright]

Thanks. Read my notes on the image. It may confuse you even more hope not.

thanks

Patheway

Ok thanks, I understand now the problem arises from my understanding of "bars". You mean the waddah bars while I thought you were speaking about price bars.

Now can you please tell me if my understanding is correct in the pic?

Trade 1: Short entry

Trade 2: Exit Short - Long Entry

Trade 3: Exit Long - Short Entry

Trade 4: Exit Short - Long Entry

Trade 5: Exit Long - Short Entry

Trade 6: Exit short - Long Entry

It looks like a stop and reverse system this way though. Of course I wouldn't take all those trades in sequence. It's just to check and confirm the trigger bars.

One more question please: do you not take into account the written suggestion from the TDI at all?

Thanks very much

http://content.screencast.com/users/alright/folders/Jing/media/76552f12-80e6-4a24-b563-bff7b2c405e4/2010-06-30_0702.png

[jimsmith]

alright,

mostly right

1. you need to wait for 2 waddar bars before entry. see trades 2,3 and 6

2. you could wait for the 2nd waddar to agree before entering for better validility trades see trades 1 &5

 

so far trading lon open

GU -20 pips closed

EU -8 pips running

UC +2.5 pips running

[alright]

alright,

mostly right

1. you need to wait for 2 waddar bars before entry. see trades 2,3 and 6

2. you could wait for the 2nd waddar to agree before entering for better validility trades see trades 1 &5

 

so far trading lon open

GU -20 pips closed

EU -8 pips running

UC +2.5 pips running

 

Yes jim, but if you read the notes in patheway's post #52 (in the pic) he says when the waddah Explosion has not evident bars it means it's in agreement with the Scalping since it's signalling a shift, so I think my trades would all be correct. At least that's my understanding, but please anybody feel free to correct me.

BTW, ur GU should have made up on a short by now :)

[jimsmith]

2 questions up 4 discussion:

1. do we enter late? say the lag has gone yellow to red/green but waddar doesnt get there til 6 bard later. enter now or wait for new lag color change?

2. do we reenter? say we exit due to a waddar bar closing, then they agree?

 

another thought, the non lag is good but why cant someone make on indicator that speeds up and slows with the momtntum on the price. hence stopping wipsaw trades when moving fast or false entrys when slow?

maybe based on rs1 3-4 bars only or momentum indi also set low.

 

ive added supertrendmtf set to M30 to my template to filter out trades (only trade with ST color)

you can find STmtf on here i think, i dont know how to upload attachments.

 

http://img24.imageshack.us/img24/9886/48784098.jpg

[jimsmith]

results for the 1st 2 hrs of lon open: thank god it was only .01 lots (-$8.60)

 

tonight: (real)

GU -20

UC -9

EU -19

GU +12

EU -50

Total -86 pips

 

Last night hypothetically:

EU +38 - spread

GU +21 - spread

night b4

EU -12 - spread

GU +13 - spread

 

http://img682.imageshack.us/img682/161/resultsw.jpg