Big Sandwich System
Page 1 of 738 123 ... LastLast
Results 1 to 10 of 380

Thread: Big Sandwich System

  1. #1
    I've had quite a lot of interest in my , so instead of repling to everyone, I will share the principals of this machine here.

    What I shall reserve is that the disclosure of the exact mechanical system since it works on different markets and I don't want to give away my buy sell prices for obvious reasons.

    Not withstanding the above, the machine below has been profitable for me whether optional or mechanical. If anything, the optional system is superior concerning performance. I exchange the machine mechanically for two reasons:

    1) workloadrofit ratio is better
    2) I call it the dring boat effect. If you're fishing with your back to the shore, you can slowly drift away without even noticing. The same goes with optional systems, over the months you can drift away in the core system, venturing out into the unknown.

    There aren't any X factors or secret hocus pocus. I will not post one or two trades to demone that my system is more profitable. You're welcome to DEMO TRADE this method, and if you obey the principals and it has not worked in the end of a 3 month period, I will declare myself a fraud and also leave the forum. I've posted my account statments on this forum, and I am prepared to do so on request (within reason i.e. not every single day).

    Okay, enough babble from me, here's your principals of this machine.

    1.0 LOGIC OF THE SYSTEM
    To me this is definitely the most important facet of a system, and likely the most overlooked in connection with system creation; WHY should it operate?

    A) I feel that this system works because on daily charts the markets spend more time as opposed to they do making new highs/lows. This means more frequency.

    B) the range represents a zone of uncertainty that will not be substantially broken until additional information is brought to the market. This is our advantage.

    2.0 SYSTEM PRINCIPALS
    2.1 Produce a channel. Utilize handdrawn lines or Bollinger bands or whatever you like. My taste when trading is your hand trendline. (see picture since these stations are somewhat different to conventional channels)

    2.2 Place a buy signal in the bottom of the range, and a market signal near the top of the range.

    2.3 Place a stop that's the width of this channel. $1600 is your limit for any pair.
    NOTE: You will discover my large reduction on the USDCHF in my announcement. This is only because the stops are wide, but the triumph rate is high to compensate. I will also show you the way that reduction was not actually a loss at all!

    2.4 Once price has crossed the centre of the range, place the stop to breakeven.

    2.5 When price reaches the opposite end of this channell, then place your order from the opposite direction as per 2.2 above.

    2.6 Exit your initial order in the 50ema on 1hr charts.

    They say that a picture is worth a thousand words, so this are just two of them. Please note that as per my posted account statements, all these are trades that I'm really in.


    A class 1 trade is with the fad, and class 2 trade is against the trend. I take both, but I keep a tighter lead on class 2 trades by inputting a breakout onto a 60min chart, and exiting with some discretion if the price starts to turn against me since it closes towards the opposite side of the channel.



    ***PLEASE DEMO TRADE ONLY. ALL CARE BUT NO RESPONSIBILITY TAKEN. THIS IS NOT AN INVITATION FOR YOU TO TRADE, BUT TO RELAY HOW I TRADE****

  2. #2
    I am long in the GBPUSD using a trailing stop on the 1hr charts.

    I Also Have sold the GBPUSD at 19829 as per the system.

    This usually means that I'm in a nett netural place using a 225pip profit, which means you can see how that large loss on the USDCHF wasn't really a loss at all!

    From here only 2 things can happen:

    1) the gbp moves up and my place remains neutral until my stop is hit, then my extended transactions moves into even more profit

    two) the gbp goes down throughout the 50ema locking in profits and adding profits to the sell order

  3. #3
    Greetings Mongoose,

    Thank you for sharing your system. Please think about these observations:

    Your photos didn't come through for some reason.

    Your method is somewhat uncertain (maybe this is on purpose). If you are able to clarify, here is exactly what isneeded:

    1. What time period do you utilize? Daily?

    2. What pairs do you use on this?

    3. What time can you track the market for your range?

    4. When do you enter your orders?

    Thank you.

  4. #4
    1. What time frame do you utilize?
    Daily and 1hr

    2. What pairs do you use this?
    GBPUSD / / USDCHF / EURUSD / USDJPY
    Mechanically it works well on all of the volatile pairs. The AUDUSD is trendy so ones like that can be lost from the list.

    3. What time do you monitor the market for your range?
    Daily

    4. When do you enter your orders?
    Every day.


    The entry is largely uninportant, therefore any logical kind of channel will yield similar results to my mechanical method.


    After a little persuasion from a forum member I have decided to disclose the last part of the system. This member has convinced me that a even though a few unwarranted snarls and scoffs when I entered the forum, you will find members that could offer improvements to the thought.

    Inserted Code inputs: dollarStop(500), emaLength(10), exitEMALength(50); $1600 stop for your USDCHF, $1200 stop for the GBPUSD vars: upperEMA(0), lowerEMA(0), totTr(0), prof(0), tradeStr(), middleEMA(0), breakEvenEngage(FALSE), numContracts(0); upperEMA = xaverage(high,emaLength)#91;1#93; of data2; data2 is daily lowerEMA = xaverage(low,emaLength)#91;1#93; of data2; middleEMA = xaverage(open,emaLength) of data2; numContracts = 1intPortion(((50000 NetProfit)*.10)/2000); ************************************************** *******SELL SIGNAL******************************************** ************** if marketPosition gt; -1 and high crosses above upperEMA then sell numContracts contract at maxList(upperEMA,xaverage(close,30)) limit; ************************************************** ************************************************** ************************** ************************************************** ********BUY SIGNAL******************************************** ************** if marketPosition lt; 1 and low crosses below lowerEMA then buy numContracts contract at minList(lowerEMA,xaverage(close,30)) limit; ************************************************** ************************************************** ************************** ************************************************** *******EXIT SIGNAS******************************************** ************* if marketPosition = 1 plus Higher gt; upperEMA then exitLong(LX Goal) at maxList(upperEMA,xaverage(close,exitEMALength)) limit; if marketPosition = -1 and low lt; lowerEMA then exitShort(SX Goal) at minList(lowerEMA,xaverage(close,exitEMALength)) limit; ************************************************** ************************************************** ************************* if marketPosition = 0 then breakEvenEngage = FALSE; if marketPosition = 1 and high crosses above middleEMA then breakEvenEngage = TRUE; if marketPosition = -1 and low crosses below middleEMA then breakEvenEngage = TRUE; if breakEvenEngage = TRUE then begin exitShort(SX BE) next bar at entryPrice stop; exitLong(LX BE) next bar at exitPrice stop; finish; setStopContract; setStopLoss(dollarStop);

  5. #5
    Mongoose, are you trying to be vague on purpose? If so, then I won't ask you any questions regarding your system.

    Basically your answers below are daily. That will not help much. Just how do you exchange this?

    Again, even if you're purposefully being cryptic and vague afterward I will not ask anything farther, but then again which makes me wonder why you posted at the first place.

    So you set some kind of a station, look on the daily charts, input a transaction daily, and daily close or take profit?

    I don't understand anything about the code posted below, any chance you can post it as mq4 or ex4?

    Quote Originally Posted by ;
    1. What time frame do you use?
    Daily and 1hr

    2. What pairs do you use on this?
    GBPUSD / USDCHF / EURUSD / USDJPY
    Mechanically it works well on all the volatile pairs. The AUDUSD is cool so ones like that may be dropped from the listing.

    3. What time can you track the market for your range?
    Daily

    4. When do you input your orders?
    Every day.


    The entry is mainly uninportant, therefore any logical form of station will yield similar results to my mechanical method.


    After a little persuasion from a forum member I have decided to disclose the final area of the system. This member has convinced me that a even though a unwarranted snarls and scoffs when I entered the forum, there are members that could offer improvements to the idea.

    Inserted Code inputs: dollarStop(500), emaLength(10), exitEMALength(50); $1600 stop for your USDCHF, $1200 stop for the GBPUSD vars: upperEMA(0), lowerEMA(0), totTr(0), prof(0), tradeStr(), middleEMA(0), breakEvenEngage(FALSE), numContracts(0); upperEMA = xaverage(large,emaLength)#91;1#93; of data2; data2 is daily lowerEMA = xaverage(low,emaLength)#91;1#93; of data2; middleEMA = xaverage(available,emaLength) of data2; numContracts = 1intPortion(((50000 NetProfit)*.10)/2000); ************************************************** *******SELL SIGNAL******************************************** ************** if marketPosition gt; -1 and large crosses above upperEMA subsequently market numContracts contract at maxList(upperEMA,xaverage(close,30)) limit; ************************************************** ************************************************** ************************** ************************************************** ********BUY SIGNAL******************************************** ************** if marketPosition lt; 1 and reduced crosses below lowerEMA then buy numContracts contract at minList(lowerEMA,xaverage(close,30)) limit; ************************************************** ************************************************** ************************** ************************************************** *******EXIT SIGNAS******************************************** ************* if marketPosition = 1 plus Higher gt; upperEMA afterward exitLong(LX Goal) at maxList(upperEMA,xaverage(close,exitEMALength)) limit; should marketPosition = -1 and low lt; lowerEMA afterward exitShort(SX Goal) at minList(lowerEMA,xaverage(close,exitEMALength)) limit; ************************************************** ************************************************** ************************* if marketPosition = 0 then breakEvenEngage = FALSE; should marketPosition = 1 and large crosses above middleEMA afterward breakEvenEngage = TRUE; should marketPosition = -1 and reduced crosses below middleEMA afterward breakEvenEngage = TRUE; should breakEvenEngage = TRUE then begin exitShort(SX BE) next bar at entryPrice stop; exitLong(LX BE) next bar at exitPrice stop; finish; setStopContract; setStopLoss(dollarStop);

  6. #6
    Mongoose charts. I like the notion of this method your charts are big and are currently messing up the screen display. I must delete them. Can you please re post them smaller possibly 600 x 600?

    BTW for People Who want to understand, the app is EasyLanguage for Trade Station. .

    thanks

  7. #7
    Daily chart showing 10 ema of highs and lows as channels

    http://img503.imageshack.us/img503/3...teurusdne2.jpg


    Discretionary method showing hand drawn channels as channels
    http://img502.imageshack.us/img502/1...plifiedqv9.jpg

    Exit Strategy on 30min chart
    http://img503.imageshack.us/img503/1...trationog2.jpg

    The red lines below are the DAILY 10 ema of the highs and lows to a 30 min chart.

    http://img502.imageshack.us/img502/5...ch30minku9.jpg

    http://img502.imageshack.us/img502/3...sttradeyt0.jpg

  8. #8
    http://img407.imageshack.us/img407/2...chgbpeczt1.jpg

  9. #9
    http://img502.imageshack.us/img502/3...monthlywn5.jpg

  10. #10
    Looks like you've got enough principles and coding to really attempt to backtest the machine on tick data. When you do I think you'll be dissapointed to find it loses money. Each of these types of systems shed money unfortunalty but its worth finding out the easy way and check it today rather then see your hard earn money go down the pan.

    Here are the reasons why

    1) 90% of traders lose money so you're looking for a 10% advantage thus you in a lousy position before you begin.

    2) Every tool you've got in your toolbox is a linear math derived from the background but Foreign Exchange isn't linear therefore it wont work.

    3) If you backtest and optimise past data all you're doing is discovering a linear curve fit alternative to past data. It is enough sometimes to let you know a lousy system has no chance for the future if it cannot be made to work at all in the past. It is going to do the job for a few weeks to the future before nothing is meant by the fit any longer.

    In case you dont believe me, then loe me any EA that worked great this past year and is still working this season and makes real money live. They are as rare as rocking horse crap.

    4) If your serious about finding a system you need to loe a disorderly established probabilty system that consequently is non linear and uses no dials, stations, ma's or stochy stuff whatsover. OR use self adaptive neural networks and/or Genetic progamming established systems because these are non linear. When futures brokers fixed odd stakes, binary stakes and choices are set they only assume something. The market could go up, down or flat within a range of what it has done very recently ie ATR they dont expect anything else why should you?

    I give you an illuion. In five years worth of euro times 33% will be long more than 20 pips a day, 33% will be level within 20 pips a day and 33% will be short below 20 pips.

    5) Every pair is complelty different to a different there's not any such thing as one size fits all.

    6)You will find 2 timeframes that do work though with decent results. High speed automatic ECN established scalpers running on tick data searching for 1 or 2 pips but they are out of reach of most all retail brokers because of their principles, speed of implementation, stop positioning and slippage OR commerce long term ie daily and over and attempt to loe the bigger trends. Even though this can work its dull as hell and no pleasure so not many take action.

    7) The best way to lose money is commerce intraday without strong money guy and on hunches according to other folks advise/thoughts/signals.

    Best of Luck

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners.