Popular Post Diesel 10 Posted May 3, 2011 Popular Post Report Share Posted May 3, 2011 (edited) Today I share with my Indo friends my proprietary Trend Pullback System. I have been working on it for a long time and think it's pretty special. It is a range bar system and has the uncanny ability to often identify the exact bottom bar in a countertrend pullback and enter on the open of the next bar! From an entry standpoint, it doesn't get much better... Here are some recent charts. The arrows are mechanically placed by the system and not repaint: http://i177.photobucket.com/albums/w201/jtimpsonstamps/signals.gif http://i177.photobucket.com/albums/w201/jtimpsonstamps/signals2.gif http://i177.photobucket.com/albums/w201/jtimpsonstamps/signals3.gif Of course, nothing's perfect. There are rare times like the following where the market is choppy. Any suggestions dealing with "Choppy Market" appreciated. http://i177.photobucket.com/albums/w201/jtimpsonstamps/choppy.gif Here is the system itself, with all the indicators, a template and a word document that fully describes the system and how to set it up on your Metatrader 4 chart. http://www.multiupload.com/M89SOFKNJV You are all welcome to use it with my compliments! But if you use it, I am not responsible. Also you may not sell it. I am happy to share with you all. I have a top level coder who I will be paying to potentially create an EA starting Thursday. I hope that you all will take a close look at this system and suggest improvements. Particularly I am interested in things like Trade Management and filtering of bad signals. Any ideas appreciated. Now is the time to do it, before the EA specialist begins. Oh, by the way, if it works out OK, I will be sharing the EA to all the folks here with my compliments so let's make this the best system ever ! Diesel10 PS My sincere thanks to Indo brothers Stovedude, Alright and Musketeer for their able assistance along the way ! Edited May 3, 2011 by Diesel 10 grisleback, Jay007, KENG and 216 others 219 Quote Link to comment Share on other sites More sharing options...
Guest David1713006337 Posted May 3, 2011 Report Share Posted May 3, 2011 You ARE the Man! Thanks for sharing your system with us and for being a good friend to all of us. It's friends like you that make this forum as popular as it is. Quote Link to comment Share on other sites More sharing options...
newbie111 Posted May 3, 2011 Report Share Posted May 3, 2011 (edited) You ARE the Man! Thanks for sharing your system with us and for being a good friend to all of us. It's friends like you that make this forum as popular as it is. David took the words right out of my mouth. Diesel you are truely the greatest. Words can not explain what a wonderful, kind hearted and giving person that you are. If there were awards for the greatest members of this forum. You'd win hands down. Thanks once again bro, I've learned from you things that I could not ever buy from any guru, or system seller. Edited May 3, 2011 by newbie111 Spelling Quote Link to comment Share on other sites More sharing options...
Zoltan Posted May 3, 2011 Report Share Posted May 3, 2011 Very nice! Thank you! Quote Link to comment Share on other sites More sharing options...
Red_Bull Posted May 3, 2011 Report Share Posted May 3, 2011 Diesel - You are the MAN !!! Quote Link to comment Share on other sites More sharing options...
campbell005 Posted May 3, 2011 Report Share Posted May 3, 2011 Thanks for sharing. Quote Link to comment Share on other sites More sharing options...
rosijitosin Posted May 3, 2011 Report Share Posted May 3, 2011 SIMPLY PUT- in general, a salute for u Quote Link to comment Share on other sites More sharing options...
alankw88 Posted May 3, 2011 Report Share Posted May 3, 2011 Thanks so much for sharing this wonderful system. Does this system only work best on EURUSD at M2 chart? Thanks again. Quote Link to comment Share on other sites More sharing options...
Guest David1713006337 Posted May 3, 2011 Report Share Posted May 3, 2011 Oh, hell.... this deserves a second Thanks!... lol. We should make him a Moderator... why not, he does everything else on this forum! Quote Link to comment Share on other sites More sharing options...
businessman9821 Posted May 3, 2011 Report Share Posted May 3, 2011 ^ Agrees with David, lol. Thank you Diesel 10 you are awesome...remember that email i wrote you awhile back...it seems i may be psychic :P Quote Link to comment Share on other sites More sharing options...
alright Posted May 3, 2011 Report Share Posted May 3, 2011 Thanks so much for sharing this wonderful system. Does this system only work best on EURUSD at M2 chart? Thanks again.While expressing my thanks in public to our great Diesel10 for bringing up what looks like a powerful system to milk pips off the market, from your post I get the impression there might be some misunderstanding about the TF, although it has been explained clearly in the doc. The real TF is 10 pips, i.e. each bar is 10 pips wide from high to low. That M2 that we set up in the TimeFrame field is an arbitrary value we use to distinguish this TF from the common ones used in MT4. It could be M4 or M6 or whatever you like, as long as the BarsRange is set to 10, which, to answer your question, is the value that seems to best fit this system. Same goes for EURUSD which has shown the best potential. Up to us all together to help improve Diesel's findings. ;) P.S. - What about a medal for our great sharer? =D> alankw88 1 Quote Link to comment Share on other sites More sharing options...
jmwaraujo Posted May 3, 2011 Report Share Posted May 3, 2011 Hi Diesel 10, Many thanks for great share! Really appreciated! :) Quote Link to comment Share on other sites More sharing options...
r30008 Posted May 3, 2011 Report Share Posted May 3, 2011 respect !! Quote Link to comment Share on other sites More sharing options...
traderx4 Posted May 3, 2011 Report Share Posted May 3, 2011 Although it's not a system I would use myself, (and I wont download it just for the sake of it) I still think it deserve's a Mega Thanks just for sharing it. Nice one my friend. :-) Quote Link to comment Share on other sites More sharing options...
alright Posted May 3, 2011 Report Share Posted May 3, 2011 Divergence Since the arrows are devised to get entries only in agreement witht the MA adaptive RSI line, that seems to cut off some nice trades. I though that maybe a way to get some of them would be to use divergence on the StoRSI as in the picture http://i55.tinypic.com/2nhhjc1.jpg Opinions welcome. Quote Link to comment Share on other sites More sharing options...
Diesel 10 Posted May 3, 2011 Author Report Share Posted May 3, 2011 There is a Hull MA (period 8) also on the chart. It is not figured in the calculations for the arrows however I am wondering if it could be helpful in filtering bad signals or in keep you in trades longer that are moving strongly in your favor? Does anyone have any thoughts on these ideas or other ways to use the Hull MA? Thanks. Quote Link to comment Share on other sites More sharing options...
rezajahan Posted May 3, 2011 Report Share Posted May 3, 2011 Hi, is there M2 chart on Mt4? Quote Link to comment Share on other sites More sharing options...
Diesel 10 Posted May 3, 2011 Author Report Share Posted May 3, 2011 Hi, is there M2 chart on Mt4? It is an "offline" chart. First make sure you have the constant range bars EA on a one minute chart with correct settings in the EA(as mentioned in the Word document). Then go to "File", "open offline" and select M2 from the list. That will open the chart which uses the data from the one minute chart to run. Then apply the template and you're good to go. Hope this helps. chrisfx, ⭐ totemg2000 and Marchello 3 Quote Link to comment Share on other sites More sharing options...
shabz Posted May 3, 2011 Report Share Posted May 3, 2011 There is a Hull MA (period 8) also on the chart. It is not figured in the calculations for the arrows however I am wondering if it could be helpful in filtering bad signals or in keep you in trades longer that are moving strongly in your favor? Does anyone have any thoughts on these ideas or other ways to use the Hull MA? Thanks. I would personally use a 15 ema, search for an MA in colour indicator. The Hull MA has a tendency to overshoot the price and a reversal indication can sometimes be misleading. I have tried many different ma's but always seem to come back to the old trusted ema. Quote Link to comment Share on other sites More sharing options...
Diabolik1713006521 Posted May 3, 2011 Report Share Posted May 3, 2011 With my Thanks! Quote Link to comment Share on other sites More sharing options...
FXTrader78 Posted May 3, 2011 Report Share Posted May 3, 2011 Thanks Man Quote Link to comment Share on other sites More sharing options...
apiqsha Posted May 3, 2011 Report Share Posted May 3, 2011 Diesel 10, you are simply the best! Thank you very much for all of your contributions on this superb forum! Keep it up! Quote Link to comment Share on other sites More sharing options...
trichy Posted May 3, 2011 Report Share Posted May 3, 2011 Hi Diesel In the word document it is given "Place Constant Range EA in experts folder" but there is no such EA in the zip folder Quote Link to comment Share on other sites More sharing options...
waldorfxt Posted May 3, 2011 Report Share Posted May 3, 2011 Nice one Diesel, believe it or not I have been trying something very similar the last few weeks using 7pip rangebars on EURUSD, using multi cci level & pattern triggers instead of the stochastics, trying to get in with trend soon after turnround points which are very easy to see with rangebars. I have modified one of Demarks indicators called TD sequential ( removed alot of the screen clutter in the original indicator) , which predicts reversals based on counting numbers of bar sequences typical of reversals, and seems very accurate with picking reversals. Tried it in combination with your template and it adds to it very nicely... try it and see, when you load the indy change the colours or sizes of the arrows to make it easier to see. http://mir.cr/Q0W9KYI4 hxxp://mir.cr/Q0W9KYI4 nehal_s143, izogrey, austine65 and 5 others 8 Quote Link to comment Share on other sites More sharing options...
linkrink Posted May 3, 2011 Report Share Posted May 3, 2011 trichy, "s-Constant Range Bars.ex4" is the EA. Hi Diesel In the word document it is given "Place Constant Range EA in experts folder" but there is no such EA in the zip folder Quote Link to comment Share on other sites More sharing options...
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