ASCTrend system - page 20

 

Hi NewDigital thanks for ur reply,

I saw your last statement for your 4 latest statement,

2006.06.01 15:15 buy 8.00 eurusd 1.2740 0.0000 1.2797 2006.06.01 17:40 1.2797 0.00 0.00 0.00 4 560.00

2006.06.01 15:16 sell 8.00 usdchf 1.2266 0.0000 1.2208 2006.06.01 17:46 1.2208 0.00 0.00 0.00 3 800.79

2006.06.01 15:52 buy 8.00 eurusd 1.2738 0.0000 1.2797 2006.06.01

17:40 1.2797 0.00 0.00 0.00 4 720.00

2006.06.01 15:53 sell 8.00 usdchf 1.2273 0.0000 1.2208 2006.06.01 17:46 1.2208 0.00 0.00 0.00 4 259.50

I saw on the chart, it doesn't seems that u follow the ASCTrend system on the chart. Because all of them is confirm oppositely. Could you assist me why you open the opposite direction of the ASCTrend?

 
moneyline:

Hi Newdigital,

In the attached graphic I've posted all the indicators you are using for this system of trading, together with questions about their usage.

I've searched the forum and haven't yet to come up with much information. There might be a discussion on some of the indicators, but no instructions about usage for us newbies. I've also searched the web.

I know you are a very busy person, but we would all be very grateful if you would either explain to us their usage, or point us to locations where we can learn how to use them.

BTW, I've been following the ASCTrend system for some time now and consider it very good.

I thank you for your time and hope you can give us some assistance.

Thanks!

moneyline

NRTR is Nick Rypock Trailing Reverse. It was some trading system in 2001. See image.

Rules are simple:

if we are going buy so it should be blue color with NRTR in separate window (just a dot and dot with lines) on the 1st bar, ATRStop with blue color, uptrend with SAR, blue with Labtrend3, uptrend with RoundPriceNE_big (gold color always). Also it is necessary to look at the price compare with RoundPricebig and RoundPrice_pips and compare with ATR_Channels (I understand ATRChannel as a normal Channel (see Channel trading system) but this ARTChannel is not static channel. It is dynamic channel that is more good and much more difficult. What next? I am looking on the all 4 charts as well.

Files:
pic1.gif  11 kb
nrtr.mql  2 kb
 
bcitra:
Hi NewDigital thanks for ur reply,

I saw your last statement for your 4 latest statement,

2006.06.01 15:15 buy 8.00 eurusd 1.2740 0.0000 1.2797 2006.06.01 17:40 1.2797 0.00 0.00 0.00 4 560.00

2006.06.01 15:16 sell 8.00 usdchf 1.2266 0.0000 1.2208 2006.06.01 17:46 1.2208 0.00 0.00 0.00 3 800.79

2006.06.01 15:52 buy 8.00 eurusd 1.2738 0.0000 1.2797 2006.06.01

17:40 1.2797 0.00 0.00 0.00 4 720.00

2006.06.01 15:53 sell 8.00 usdchf 1.2273 0.0000 1.2208 2006.06.01 17:46 1.2208 0.00 0.00 0.00 4 259.50

I saw on the chart, it doesn't seems that u follow the ASCTrend system on the chart. Because all of them is confirm oppositely. Could you assist me why you open the opposite direction of the ASCTrend?

You should see the last 8 trades:

613667 2006.06.01 12:07 buy 8.00 eurusd

613669 2006.06.01 12:08 sell 8.00 usdchf

I opened these 2 trades and later wanted to close on stop loss with -16 and -18 pips. But I looked on Ichimoku chart W1 and D1 timeframe just to see: is it possible to keep these orders as is (to be sure that it will be closed in profit tomorrow for example) or I really need to get stop loss. And I understood that everything is ok and the orders will be closed with profit. And I waited and re-entered 6 times in the same direction. Because I was on 70% sure that the orders (opened at 12:07 and 12:08) will be closed in profit and I did re-entrance:

613771 2006.06.01 12:26 sell 8.00 usdchf

613775 2006.06.01 12:26 buy 8.00 eurusd

614925 2006.06.01 15:15 buy 8.00 eurusd

614932 2006.06.01 15:16 sell 8.00 usdchf

615448 2006.06.01 15:52 buy 8.00 eurusd

615455 2006.06.01 15:53 sell 8.00 usdchf

So these 6 orders are re-entrance.

I described it on the post above:

For example, the last 8 trades (on the statement) I did using Ichimoku. Because I almost got stop loss but then I opened my Ichimoku template with indicators on W1/D1 and understood that everything is ok and decided to keep the orders. And later on I re-entered two times in the same direction (it was for last 8 trades only).

Because if we want to get more than 10 pips from this system on M1 timeframe trading during the news time we should estimate the trend using W1 and D1 timeframe.

 
newdigital:
Please find updated statement.

$32,000 for 1 week.

Starting deposit 50,000. Now 82,138.

Starting lot size is 1 and most higher lot size is 8.

This is ALL you can get? This is the BEST you can do?

Just kidding! Great job! What timezones are these on your statement?

Thanks.

 
Pip Trip:
This is ALL you can get? This is the BEST you can do?

Just kidding! Great job! What timezones are these on your statement?

Thanks.

Timezone is GMP+3.

Pip Trip, I said in the beginning of this forum was created that I am not good trader and I am not good coder. Good traders should have more pips of course. Problem that we do not have statements from them. Just a words.

I wanted to say by this statement that we have a lot of great systems.

And only few statements as an evidence of the systems' greatness on this forum.

Great system should produce great money in the statement.

Good system - good money. On the statements as well.

Bad system - bad money.

On the statements.

The system is the methods:

1. to find the good correlation between indicators and the price movement to see hipothetical money on the chart and

2. to replace hipothetical money to the statement.

Second one is more difficult sometimes.

But no any EA can work without this "second one".

 

Friends, how come i cant attach NRTR and ATR to KGSP? how did you do it? thanks.

 
jerrymar:
Friends, how come i cant attach NRTR and ATR to KGSP? how did you do it? thanks.

Use template. It was posted together with the indicators.

Or attach KGSP first and then move (by mouse) the other indicators in the same window. In the same way as moving the file to the folder by mouse in Windows.

 

Statement was updated.

The other 3,000 this morning.

Files:
 

Hello,

what I appreciate in this backtest it is the small number of trades compared to the profits .

Great job Newdigital

 
BrunoFX:
Hello,

what I appreciate in this backtest it is the small number of trades compared to the profits .

Great job Newdigital

It is not backtest.

It is forward testing on demo account.

I am trying to use Fisher_exit indicator from Kalenzo for exit.

Reason: