My New -Al Maram v.2- indicator - page 15

 

Interbank FX

OK, Thank You

 
adewale:
11973784 00545629 USD/JPY 100 S 114.100 113.880 22 193.19 0.00 12/27/2007 08:41 12/27/2007 11:18

11973795 00545629 GBP/USD 100 B 1.98910 1.99500 59 590.00 0.00 12/27/2007 03:40 12/27/2007 08:46

11973782 00545629 USD/JPY 100 B 114.440 114.270 -17 -148.77 0.00 12/27/2007 06:31 12/27/2007 08:36

11973786 00545629 GBP/JPY 100 B 227.300 228.010 71 619.98 0.00 12/27/2007 03:37 12/27/2007 07:22

Total 400 135 1,254.40 0.00

hi, i've same result on fxdd

giapel

 
Forex Optimist:
Dr GM

Cool ... +1218 pips

Thanks for developing this indicator. I had understood that the timeframe is not of importance, however you say the ind is very sensitive to the M5 timeframe. Please can you explain?

Thanks

actually timing is very important , but i have the option when i'm in the development phase to make the indicator not to be affected by the user time frame ... that mean it do collect it's own data from H4 and H1 and MN5 and then recalculate all of them according to the selected periods this will include some of today data , some of yesterday data , and some of 10 days and 20 days (half and full trading month) ... it's complicated a little to explain it theoretically ...

sorry

chuckee:
How do you handle the Sunday trades? You indicated your formula takes into account the 5 minute bars for the last 24 hours. But when trading opens Sunday there has not been 24 hours of continuous trading by 5 GMT when the orders are places. Does one still place orders at 5 AM GMT?

actually i don't need all 5mn data for the last 24 hours , that's why this indicator can handle it .... just chosen periods

Silem:
Hi, Dr.GM!

It's good work you are douing. thanks for that!

would you add to comments in testing mode the date, for which the ind set entries and exits? thanks

i'll try even it will take alot of time manging 15 pairs data ...

it was madness today ,

and we all saw clear difference between brokers some of them up to 15 pips (like GBPJPY in FXSOL)

anyway the results was just in the middle , not green nor red

some of signals strike the order and the takeprofit

some of signals hit the stop loss , then later on hit the target twice

some of them just activated the signals then hit the stop loss

anyway , hopefully it will handle it self for tomorrow and the remaining days of December as i hate this month

anyway

good luck all

and best regards

 

total pips generated today

the total pips generated today on the GBPJPY,GBPJPY and USDJPY is 135. great result, not excited yet but happy. am still forward testing till ending of 1st week in january before i will go live with it on the second week of january.

great result hope 2morow is that great

thanks

 

my results from IBFX

ruparaw:
It looks like todays result as until now IBFX better then Alpari ...will see next what will happened.

Note :Starting trade at 10.15 gmt and only select pair which is spread not more then 7

IBFX. (mini ac 1pips 1 usd)

Alpari UK.(Std ac 1pips 10usd)

my results from IBFX are totally different from yours.

Files:
al-1227.jpg  229 kb
 
Fx_Knight:
my results from IBFX are totally different from yours.

i think :

1- one of you is using another version so you got different target while you have the same entry and stoploss

2- one of you is working in Interbank platform but on another company Demo Server so he get different data feed

it's logical that you MUST have the same result if you have the same data for the previous 20 days

 
Fx_Knight:
my results from IBFX are totally different from yours.
Dr.GM:
i think :

1- one of you is using another version so you got different target while you have the same entry and stoploss

2- one of you is working in Interbank platform but on another company Demo Server so he get different data feed

it's logical that you MUST have the same result if you have the same data for the previous 20 days

No...the reason is:

1) Some of the pair he use, i don't due to spread is bigger

2) I started late to place the pending order due to my internet connection lost then coincidently it was save me from the whipsaw

 
ruparaw:
No...the reason is:

1) Some of the pair he use, i don't due to spread is bigger

2) I started late to place the pending order due to my internet connection lost then coincidently it was save me from the whipsaw

Ruparaw, I would suggest that you refrain from posting your results if you place your orders late or incorrectly. It has already caused the confusion in here. I can feel your enthusiasm about the indicator like I do. Posting the results based on perfect timing is of the importance for forward testing purpose.

 

orders

hi, DR.Gm

when price is already up on buy level(or take profit buy level) or down sell level (or take profit sell level), i' ve 2 options :

1) open order on other side

2) no insert

(today all currency pairs with jpy go down take profit level )

can you explain please ?

thanks inadvance

giapel

 
giapel:
hi, DR.Gm

when price is already up on buy level(or take profit buy level) or down sell level (or take profit sell level), i' ve 2 options :

1) open order on other side

2) no insert

(today all currency pairs with jpy go down take profit level )

can you explain please ?

thanks inadvance

giapel

the rules are simple

put the orders after the fifth candle on Alpari

and only use Buy or Sell Stop as pending orders... do not use Buy or Sell limit

you can enter as market order from exactly the same level

but remember , if the level was passed with a complete candle -1 hour- (the entry level) do NOT enter in retraction ( neither by pending-orders nor by market-order )

Reason: