"Xenon" System, trading with 1min Chart.

Mar 15, 2012 at 06:32
8,988 Views
149 Replies
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 04, 2012 at 08:00
EA coders do not use each tick to create your EA. each tick system will never do the same as BT.
each tick repaet poss. is 1/100000000000000.......................

it will never do the same in the future.

use bar open to be more realistic.
this is even not enough rough to get same actions in the future.

walker
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 04, 2012 at 09:06 (edited May 04, 2012 at 09:30)
this is only Long for 12 years.
the trick is upper formation and lower formation are different.
that can be improved.


xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 04, 2012 at 12:18
about wave;

the wave frequency is higher when going long regarding to going short.
that means when market frequency is higher then it is moving long ( not amplitude the frequency )
and when frequency is lower then it is moving short.

the main point is how to measure correct frequency.

walker
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 04, 2012 at 14:14 (edited May 04, 2012 at 14:15)
only TP changed from 5 pip to 15 pip

still only long


xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 04, 2012 at 18:35
Long vs Short

long algo is totally different from short.

xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 05, 2012 at 10:54
I could not code short. short is totally different.
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 06, 2012 at 18:11
3 is the magic number for trading
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 07, 2012 at 11:45
EU has opened below the triangle at Daily chart.
if we see 2 day close below this level we should prepare for new lows for EU




xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 08, 2012 at 07:47
guys

at last I had found why I fail on manual trading.

here is the story;
when I test myself with 5 min chart bar open with ~10 sec each bar using strategy tester and trade manually I make very good profit. but when I do the same with each tick and increase the bar time I sart fail. same on demo or live.

that means staying too much with the trades make me change my desecions very often and this make me loose.

the bad side is the type I trade manually I can not code. not possile. I had tested my self for 4 days with BT and add report to my profile as 'man'. very low %DD and good profit.

now I should find way to trade same as I do at BT.

walker

PS: my EA let me trade with MT4 strategy tester manually due to key stroke capture.
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 08, 2012 at 07:50
what I am planning to do is I will use each bar open for trade entry and exit. this will filter my actions. after seeing the result of that test then I can make more comments.
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 08, 2012 at 07:56
if I can cooporate with an experienced patient trader I think we coıld make good profit (~%20-25 monthly).
I would trigger the trades and then trader will execute and wil l keep me away from digigng and changing them.

walker
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 08, 2012 at 09:21
got 1 close below the TL. if today also close below TL we can see more lows at EU soon


   xenon posted:
   EU has opened below the triangle at Daily chart.
if we see 2 day close below this level we should prepare for new lows for EU





xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 08, 2012 at 10:12
if you see what everybody see on the chart dont trade it. it will most probably fail.
Member Since Apr 13, 2012   15 posts
May 10, 2012 at 07:34
Dear Steve,

I've read many of your posts and seem like you an experienced trader. May I ask you some questions?
What is longest flat movement (no retrace and on >30M chart) of these EUR/USD, EUR/JPY, GBP/USD, GBP/JPY pairs you have ever seen or you known about it?

Thank you.
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 10, 2012 at 07:59
Hi quangmach

do you mean sideways market with flat?
if yes this is very relative. it makes huge differents from trader to trader. depends on what your target is.

walker
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 10, 2012 at 09:05
greetings

after all those tests I think I found a very simple way for trading using one of the Ehler s indicator. I changed it little and it gives very clear sHs patterns which are counter trend trades. instead of finding the patterns from chart directly I use that indicator with very slight diverenge.
currently testing it with 1m 5m 15m 1h at my portfolio. in the case of a succes I will share the details.

walker

https://www.myfxbook.com/members/xenon/xenon/302322
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 10, 2012 at 10:11
MFB did a great job with browser. great tool.
Member Since Apr 13, 2012   15 posts
May 10, 2012 at 16:06

   xenon posted:
   Hi quangmach

do you mean sideways market with flat?
if yes this is very relative. it makes huge differents from trader to trader. depends on what your target is.

walker


Sorry for late reply Steve. I meant for example GPU/USD down 200 pips without retrace more than 50pips or down total 200pips within an hour and only retrace 15~30pips and down more
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 10, 2012 at 19:02
if you are asking that info for grid calculation this information means nothing.

anyway price can move >2000 pips without giving you a chance to exit BE.


   quangmach posted:
   

   xenon posted:
   Hi quangmach

do you mean sideways market with flat?
if yes this is very relative. it makes huge differents from trader to trader. depends on what your target is.

walker


Sorry for late reply Steve. I meant for example GPU/USD down 200 pips without retrace more than 50pips or down total 200pips within an hour and only retrace 15~30pips and down more
xenon
forex_trader_67750
Member Since Mar 01, 2012   173 posts
May 10, 2012 at 19:05
many traders (including me) think that they can find a level that can exit from loosing trade with eg.. 10x lot with a pull back.
but the question is where will this rescue trade be opened.

if you know where to open, if you are sure, wait until there and open a single trade and make fortune.

there is no such thing.

be carefull

good luck



   xenon posted:
   if you are asking that info for grid calculation this information means nothing.

anyway price can move >2000 pips without giving you a chance to exit BE.


   quangmach posted:
   

   xenon posted:
   Hi quangmach

do you mean sideways market with flat?
if yes this is very relative. it makes huge differents from trader to trader. depends on what your target is.

walker


Sorry for late reply Steve. I meant for example GPU/USD down 200 pips without retrace more than 50pips or down total 200pips within an hour and only retrace 15~30pips and down more
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