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Hi everybody,
Take a look at the attached images..
Can you tell the noise from the signal ?
Do you want to make money on a low risk(risk comes first) high profit(profit comes second) strategy..?
It is free..theoretically..you will have to discard your ego..and for this you will pay a very high price..your ego.
I will teach you how to do it..but only you accept responsability to learn it/or not..if you unlearn your ego,you will be able to understand that the market is only a mirror of yourself,if you don`t..you will get the same results as always
...Take a look at the attachments..then,in the next posts,I will explain..
EDITED AND UPDATED :
I HAVE ATTACHED THE LAST SET OF INDICATORS AND THE TEMPLATE FOR MY SYSTEM..MY INTENTION IS THAT ANY FUTURE UPDATES WILL BE DONE IN THIS POST ..TO BE EASILY ACCESSIBLE BY EVERYBODY..
THESE INDICATORS,AND THE SETTINGS OF THE TEMPLATE, ARE THE ONLY ONES I SUPPORT AS SIMBASYSTEM..ANY OTHER VERSIONS OF THEM ARE NOT APPROVED TO BE USED WITH THIS SYSTEM..AND CAN LEAD TO DIFFERENT RESULTS.
NEW EDIT AND UPDATE: 28 APRIL 2007..The later posts of this thread had been dedicated to create an EA that allows us to capture the decision making processes of the system.
We also implemented extensive backtesting that showed a consistently profitable and safe to trade system if used exclusively on GBPUSD,GBPJPY..for other pairs,even if the conceptual basis of the system can be easily applied,I do it most of the time,the test results are indicative of negative results in the long term with the standard parameters
Then we started a forward test of the system it started on 27 March and stopped on 20 April,unintentionally,probably due to the fact that we run out of support from our forward testing backer ..we started with 20kUSD the 27 March USD and ended with 22.9K the 20 of April..
And you will find in the EA attached in this post,and its test results in the next one ,with the official settings which ,obviously,include the rules for trading the system,and the testing results..one interesting note for those that either believe or not in backtesting,the only way to effectively backtest a system is to use both in sample and out of sample testing to avoid overfitting of system parameters to particular market conditions,so,what we did was to test in sample for the period that goes from June04 to FEB/March07..and then test out of sample for the period that goes from Jan01 to June04..and confirm positive results for that period too.
Some of you may think about the usefulness of using an EA in a manual trading system,and my reply is that testing of assumptions is essential for any trading system,either manual or mechanical,and ,to do so, in a systematic way,you need an EA.
So,this is one of those rare threads,if any,where you will find ,first,an interesting manual trading system , second,an extensive testing of its assumptions,and third,the EA and rules that will allow you to test and fine tune the system in the near Future,both for the used pairs(GBPUSD,GBPJPY) and for any new pair you may wish to apply...if somebody wants to cooperate in the forward testing issue we could have more ..Inform
Finally ,I would like to thank Malcik,Frantacech,Zathar,Duke and all the others that contributed with their time,tests,comments and critics..in that order
Regards
Simbai need this indoctor
i need this change with alert
thank you
I need
i need this change with alert
thank you
Hi mememe,
When I started trading,I was single,I thought I needed 2 bln $,a couple Lamborghini(Murcielago and Diablo) and a castle full of Petrus and Romanee Conti bottles..can you imagine that?..now add some nice chicks and you will get the picture,now,hear your favourite music,just feel its beat,smell the perfume,savour the food,it doesn`t matter what food,just Fill it with your favourite,take the Diablo,feeel the smoothness while it draws the road with its tyres..or not...think about it...after a few years, I realized I just didn`t need them...what I really need is air,water,food,health and the love of my children and wife..everything else is irrelevant,so,if you..mmm.. really think that you need "this change with alert",you should spend the rest of your life learning to code in mql4..or ,as you look at your right hand,do it now,just try..I will explain later why looking at your right hand(left if you are left handed) is extremely important..realize that you can really change your way of thinking..stop for a moment..really stop..you might be wondering what this fuss is about,and you are right to wonder..look again,now at the other hand,quickly..ok,now,just realize that I didn`t instructed you about what side of your hand you should have been looking at..and that is your decision,I leave it to you..but do it now..change... of hand is extremely important,because,you know it,don`t laugh..yet..hands and brain are linked by the nervous system..and ,as you calm down,and relax,really relax..you will realize that..
...You really don`t need it,you just have to realize that the only thing you really need is change..and this sentence has you sentenced,even if you can`t spare that.spare some change anyway,you know..
Now realize and Acknowledge the position of your hand..linked to your brain,remember to ask yourself..has it changed?..and that is why is important,you know it,only that you still don`t realize,a few more days will help..and ,you know what,it doesn`t matter if you are right..or left handed..change is right there ..just a turn to the left..is right,now
Hi Simba,
I'm just halfway through this thread now, must say the best example of trading knowledge presented in a way that TEACHES TRADING, not just blankly staring in a screen waiting for "red line to cross green line". Trading is so much more than that, and you show it very well.
One quoestion though - when we use this #MTF_xpMA_v2SATL indicator, it has a SATL component inside. Do we need to regenerate it from time to time because dominant cyclic frequencies may have changed, or is it good to the end of the days? Big thanks for this thread again!
regenerate SATL
Hi Simba,
I'm just halfway through this thread now, must say the best example of trading knowledge presented in a way that TEACHES TRADING, not just blankly staring in a screen waiting for "red line to cross green line". Trading is so much more than that, and you show it very well.
One quoestion though - when we use this #MTF_xpMA_v2SATL indicator, it has a SATL component inside. Do we need to regenerate it from time to time because dominant cyclic frequencies may have changed, or is it good to the end of the days? Big thanks for this thread again!Hi mrv,
Thanks for your kind words...
You don`t need to regenerate SATL,it is a very robust digital filter that works fairly well in most cyclic environments..
If you want,and you know how to do it,you can create a specific SATL customized for the specific cycles that are dominant at the pair and tf you are trading...if you don`t,standard SATL works very well
Great Job
Dear Simba,
Hi bro... i really enjoy read your thread. Good system and also the lesson of trading that you share here.. Man, i imagine if all trader wanna share all his knowledge like you did... i think, forex will be fun..
Keep going Simba... share your knowledge..
Regards,
KG
Hi Simba,
job from few with the forex and I have found very interesting the simbasystem.
Unfortunately I don't succeed in installing the files on my base and I have little knowledge of the English.
I apologize me for the bad English and I hope that you help me so that I can use soon these indicators.
Hi Simba,
job from few with the forex and I have found very interesting the simbasystem.
Unfortunately I don't succeed in installing the files on my base and I have little knowledge of the English.
I apologize me for the bad English and I hope that you help me so that I can use soon these indicators.What exactly is wrong when you try to install indicators?
Hi mrv,
Thanks for your kind words...
You don`t need to regenerate SATL,it is a very robust digital filter that works fairly well in most cyclic environments..
If you want,and you know how to do it,you can create a specific SATL customized for the specific cycles that are dominant at the pair and tf you are trading...if you don`t,standard SATL works very wellSimba
I would like to ask you to put that filter on test to see if it improves performance of your system.
The only way it can be proven is to forward/backtest with and without indicators.See the results and show us proof
My previous tests of systems with and without indicators have proven that the value of indicators is Zero
So I ask you to show proof
Best regards
El Cid
El Cid
Simba
I would like to ask you to put that filter on test to see if it improves performance of your system.
The only way it can be proven is to forward/backtest with and without indicators.See the results and show us proof
My previous tests of systems with and without indicators have proven that the value of indicators is Zero
So I ask you to show proof
Best regards
El CidMan you are worse than a fly full of s**t,you are the only case I know of a bull who carries his own china shop with him
You are in no position to ask anything..I don`t give a dime about your opinion,and frankly,if you are too lazy or too mentally impaired to realize that ,about this system`s performance,the proof you are asking is already in the thread...well,there is still hope for you,but only if you believe in reincarnation...and in luck
Go post your "proof" about no indicator working at all,I don`t care about it,and I suspect half of the Forum shares my opinion..who knows,you could even receive a Nobel prize..but don`t count on it
Probably if you increased your intercourse frequency with Zeus/Cleopatra you would see the world in colours instead of the sour ,unidimensional and Black and white nightmare that,for sure,you must inhabit..man,when they circumcised you ,they threw away the wrong bit