King and the 3 Musketeers System (K3M) - page 11

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Full Screen Captures

Can you give us some FULL SCREEN CAPTURES?

My charts do not match yours.

Also, you gave 30M setings, but not what to change. Common tab, Fixed Max? Etc, Etc, Etc?

Thanks for your help,

Vanhook2

 

I will try to post some full screen next time, if the pictures is clear I will continue to post in full frame format.

 

What do you mean by good trade and bad trade?

 

Screen Captures

yyc196,

Thanks for the reply.

The 1st thing is a 2 hour difference in your charts & mine. I'm set to GMT -5 & unable to change.

2nd, I still do not understand how to adjust the K3M's to the 30m settings.

Once again, thank you for the help,

Vanhook2

 

The time difference on the chart does not matter at all, just use the indicators and trade them on your own chart. Don't try to adjust anymore.

There is no need to set anything on the indicator, just drag and throw them into the chart and chose 30m for your Time Frame.

The K3M is meant to be simple and straight forward!

Hope these would help.

 

looks interesting, YYC!

Indis didn't changes very often, would be cool if you zip it and post on first page, so we can make sure it latest update (good tradition - convenient 4 you (just zip it real quick) - convenient for us...

 

Do these indicators repaint? I think they do.

 

Summary for the week (28th Jan to 1st Feb 2008)

Event for each day:

***************

There are 6 trading on Friday:

1) Eur = 1 X good trade

2) Jpy = 1 X bad trade and one 3 pips loss trade

3) Eur/jpy = one 6 pips loss trade and 2 good trades

In total, there are 3 good trades, 1 bad trade and 9 pips loss trade

There are 6 trades on Thursday,

1) Gbp = 1 X good trade

2) Eur = 1 X good trade

3) Jpy = 1 X bad trade

4) Aud = Due to signal appears during report release, no trade was made (picture shown)

5) Cad = 1 X good trade

6) Eur/Jpy = 1 X good trade & 1 X bad trade

In total, there are 4 good trades and 2 bad trades.

There are 7 trades on Wednesday:

1) Gbp = 2 X good trades

2) Eur = 1 X good and one 9 pips loss trade

3) Chf = One 9 pips loss trade

4) Jpy = 1 X bad trade

5) Aud = 1 X good trade

In total, there are 4 good trade, 1 bad trade and 18 pips loss trade.

There are 9 trades on Tuesday,

1) Gbp = 1 X good trade

2) Eur = 1 X good trade and 1 X bad trade

3) Chf = 1 X good trade

4) Jpy = 1 X good trade

5) Aud = 1 X no profit trade

6) Cad = 1 X good trade

7) Eur/Jpy = 2 good trades

In total, there are 7 good trades, 1 bad trade and 1 no profit trade.

There are two trade on Monday:

1) Gbp = 1 X no profit trade

2) Cad = 1 X good trade

3) Aud = It is important to note that Monday is a holiday for Aud, so there is no trading on Aud.

In total, there are 1 good trade and one no profit trade.

Summary

*******

Good trade = 19

Bad trade = 5

Loss trade in pips = 27 pips

 

So what is a good trade and bad trade in your test? I have no idea.

Personally, I don't think you are placing these trades, you are probably just eye-balling it. And your risk to reward ratio is probably less than 1 if you set your SL more than 20 and your TP to 10 or 20. With the spread on some of the pairs you mentioned, it is just as easy to think your risk to reward ratio is even lower.

And what exact indicators are using now? The one with 5 musketeers? or the original 3?

And are you trading the signal as they are generated? Or are you doing it after the fact? Because these bars can repaint, and you are just testing on the repainted bars.

Without these questions being answered, the resulst are pretty meaningless. I can trade great too with repainted bars.

 

Summary for the week (28th Feb to 8th Feb 2008)

15 min chart

*********

Summary for the week on 15 min chart:

18 good trades and total 37 pips loss. Wow! that is great trade

30 min chart

**********

There are 12 good trades, 5 bad trades and 49 pips loss for week 6 of 2008.

I have explained the details on my blog

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