CatFx50 - page 231

Brazilian_Nutter
51
Brazilian_Nutter  

Trading mechanical system

Hi there,

As Nina himself said earlier, this isnn't a automatic system and one has to use discreption doing so...

Now..that "discreption" bit is the one that scares people most, simply because most of the traders doesn't have the discipline, patience and education to follow a semi-mechanic system.

Nina's system is a very good one indeed, but as you know doesn't do everything by itself (which system does?). You have to interact with this system and feel the market.

The weekest point for Nina's system is the exit point in my opinion, but this is something easily done using some basic concepts and rules.

The best strategy to help you out with your exit would be the Price Action.

Just my two cents, Marcelo Melo

nina
2768
nina  
Brazilian_Nutter:
Hi there,

As Nina himself said earlier, this isnn't a automatic system and one has to use discreption doing so...

Now..that "discreption" bit is the one that scares people most, simply because most of the traders doesn't have the discipline, patience and education to follow a semi-mechanic system.

Nina's system is a very good one indeed, but as you know doesn't do everything by itself (which system does?). You have to interact with this system and feel the market.

The weekest point for Nina's system is the exit point in my opinion, but this is something easily done using some basic concepts and rules.

The best strategy to help you out with your exit would be the Price Action.

Just my two cents, Marcelo Melo

Hi, Marcello!

This system gives a lot of money: when I say a lot I mean a lot. Just make a test: with the last update, try to know how many signals we've had since January for a 24 hours trading. Grab always only 15 pips. Use a stop of 34. Close trade before 34 pips stop if we have an opposite signal. Post the results.

Then, do the same but only from 08:00cet to 18:00cet.

Post the results.

And then, do the same but "scaling". Lets say you trade 2 lots or 2 mini lots.

You close first lot at 15 and place stop at b/e for the other one and let it run till you have an opposite signal. Post the results.

Nina

questormon
19
questormon  

Nina Please Clarify

Hi Nina-

In your post #2297 where you are describing the procedure you say:

"How many pips are the signal from EMA50. You know that above 20 pips is risky."

I do not understand this. Could you explain further what this means?

Thank you!

questormon

Hercs
2970
Hercs  
harold4x:
i have been trading the cat since january with great success i dont see why the need to start changing indicators thats not tweaking thats changing tweaking is adding a filter here or there and adding exit strategies i have attached 2 charts 1 showing level 1 and level 2 type trades there hasnt been many level 1 trades this moth during the right hours of trading but a lot of level 2 i use ninas stepma stoc with arrows showing cross and histo bars to see if the level 4 has been breeched i also have 100 and 200 ema for s/r also triggerline indicator and murry math levels as exit tools if you need any explanation just ask the goal is that we all become better traders and make money we must trade the system not follow IT

Harold, I support you wholeheartedly in this one! I see there is an "improved" Hist_StepMA on the way, but this far we are just finetuning, what is a major "breakthrough" for most. Please, may I have your StepMA_Stoch with arrows please? Good trading to all.

Sorry, I found it afterwards, thanks.

nina
2768
nina  
questormon:
Hi Nina-

In your post #2297 where you are describing the procedure you say:

"How many pips are the signal from EMA50. You know that above 20 pips is risky."

I do not understand this. Could you explain further what this means?

Thank you!

questormon

Hi!

I mean: we have a cross, lets say up) of EMA50 and new bar opens above EMA50 validated by Hist. We should look at where it opened. If there are more than 20 pips from opening to EMA50 this trade is riskier. Then we can decide three things: we take it; we wait for a retrace or we wait for aNina.

If when aNina gives signal, we still are more than 20 pips from EMA50, we should know the trade keeps being riskier. As far away we are form EMA50, the worst.

Questormon, what I'm trying to do is to avoid "weak or false signals at maximum.

Nina

nesalc
69
nesalc  
phildunn:
Hi Nesalc, in Murray setting,what's the meaning of P,MMPeriod and Stepback?

I am no programmer - use default settings for exit levels as haroldfx.

nina
2768
nina  

Hi!

Since I have plotted MAX Moving Average on charts, I see my log experts folder with plenty of Gb.

Could that be possible?

How can we tell MT4 do not write logs?

Nina

kippax
3
kippax  
nina:
Since I have plotted MAX Moving Average on charts, I see my log experts folder with plenty of Gb.

Could that be possible?

How can we tell MT4 do not write logs?

Hi,

Try to edit the MAX Moving Average (open it in Meta Editor), search for "Print (cnt);" command, and comment out (put // in front of that statement).

Anyway the attached indicator is the same MAX Moving Average without the print command.

-budi-

IMPERATOR
13
IMPERATOR  

Add sound

Hi all, add sound on indicator aNina, please.

Thank you.

VR_SYS
158
VR_SYS  

Interesting action on the EUR / USD.......