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Forex Forums | ForexLasers.com |
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| View Poll Results: How did the do for you? | |||
| Did great after I understood it. |
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10 | 76.92% |
| I understood it but did not work for me. |
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3 | 23.08% |
| Voters: 13. You may not vote on this poll | |||
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#1
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Hey guys! Hope everyone is well. I would like to share a couple of the best systems I have been able to find out there. I have been trading the FOREX Markets for a few years and seldom have I come across a free system that is worth mentioning.
As always what I got for free I share for free for the benefit of all. The two systems below go hand in hand they are very accurate so don't try to second guess them. If you are used to trade with fibs, these systems will generate great signals while the market is cycling from "A" to "B" to "C" to "D" if the market has lost momentum I would suggest you wait for the next setup "A" with good volume. They are self explanatory but I will prepare trading rules if anyone needs them. Also, I am combining these systems with The AshFX System - Version II and works like a charm. Please feel free to ask any questions or voice any concerns you may have. As always your #1 priority should be to conserve your trading capital so use solid money management always. Great trading to all!! |
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#2
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Can you send rhe trading rules please?
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#3
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TRiderEVO System Trading Rules
Here you go: System works best in 5M time frame. Long trading rules 1- Candle color changes from Purple to green 2- BBand turns BLUE 3- Laguerre breaks through .25 from below 4- Large GREEN arrow appears on chart 5- RSI is GREEN and above 0 line 6- X-ARRZZ shows thick Green Line indicating change in trend direction Short trading rules 1- Candle color changes from Green to Purple 2- BBand turns RED 3- Laguerre breaks through .75 from above 4- Large RED arrow appears on chart 5- RSI is MAGENTA and below 0 line 6- X-ARRZZ shows thick RED Line indicating change in trend direction X-ARRZZ also can show a YELLOW line indicating sideways consolidation. Do not trade on sideways movement. I always use 30 pip stop loss. Be patient and observe, observe, observe. Trade a demo account until you understand how all the pieces fit together and you are making money. |
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#4
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Can't open .ex4 files. :o
With Metatrader 4 I can use .mq files. So: - maybe you have these files as .mq files? What broker you are using with this system? |
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#5
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Please use normal installation procedures for Metatrader 4.
Files will not open or install by double clicking them. Please let me know if you are NOT familiar with the installation procedure and I will guide you through it. Brief Installation Procedure: 1 - After downloading RAR files open them with WinRAR and leave open on your desk top 2 - Go to your explorer and find "Program Files" 3 - In "program Files" find your broker's name followed by "Trader 4" 4 - Open folder go to the bottom of the folder list and open the "Templates" folder. Leave open on your desk top 5 - Go to your RAR file, click and drag the TPL folder to the opened Template folder in you Explorer 6 - Close the "Templates" folder in your explorer and open your "Experts" folder. 7 - Open your "Indicators" folder. 8 - Click and drag all ex4 files to the "Indicators" folder. 9- Close your Explorer 10 - Restart Metatrader4 |
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#6
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i have been using this system the last 3 months..i will say,this system is fantastic and profitable.as long we follow the rule mentioned aboved.:)
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#7
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Done, thanks for your help.
But... How did you put in one - BBands Stop BAR, Laquerre and RSI _Divergence? They are all separate in my chart. Laquerre is 0.66? and crossover signal is 4 vs 8? |
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#8
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About the TRider EVO rules.
All that we must see in the same candle? To buy - green candle, green arrow, BBands Stop blue, Laquerre coming from below thru 0.25, RSI green, ArrZZ green. But in the other system. For example, if we have red candle, red signal,red RSI. BBands and Fla are blue. After couple candles BBands and Fla turnes to red. Then we can take that signal? |
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#9
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Quote:
1-How do you combine this system with Ash II? 2-What about your exit rules and TP? 3-Should all entry rules be fulfilled at the same time to validate entry? |
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#10
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What is the best, easy and most affordable system?
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#11
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Trend Rider gives more signals than TRider EVO. Both systems left good impression and I have now them both. But even better is Simple Euro System by Marc45 and of course Ash II. So in short time I have found from here 4 good systems.
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#12
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Quote:
Just imagine those who has spent thousands on systems that don't work at all. :eek: |
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#13
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Thank you guys for your post and sorry I have not been able to answer sooner, lots of thing on my plate at this time.
I would like to start of by reminding all to check the time frame that you are trading. The system will give more signals in the lower time frames and fewer in the larger ones. ALSO very important> Just because the system gives you a signal and everything is lineup and looks good it doesn't mean that we take the trade. You still need to consider the bigger picture for example: 1- What time frame are you trading? 2- Where is the price that the signal is being generated at in relation to the days low or high? 2- Is the market in a down trend or an up trend or in consolidation? 3- Did you draw your trend lines already? ---------------------------- Some questions as to how I came up with or constructed these indicators. PLEASE remember that this is NOT my system and I am taking NO credit as to it's construction. I'm just sharing a systems that works for me. OK? ---------------------------- Questions about stop loss placement. I personally like to use a 1:1 ratio on stop loss to take profit but it depends on the volatility of the market and the time frame that I'm using. As a rule, the larger the time frame, the larger the stop loss. Always keep your money management rules in place! ------------------------------ The other system is used for confirmation purposes and works very well. Rules are similar. ------------------------------ Combination with Ash II system If you have noticed both systems look and feel completely different. I Place both systems on the same time fame. When indicators match up as close oas possible I take it as another signal confirmation. Example: If you look at the last short signal generated by the Trend Rider on the EUR/USD on Friday April 27, count the number of candles from the last candle to the signal candle then go to the Ash II and cont the number of candles form the last candle to the candle with the parabolic start on top. You will find that they are almost the same. Again just another indicator for me. Hope this answers your questions. Thank you again. Last edited by Pulsar1; 28-03-2009 at 18:21. |
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#14
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how does one stop the alert.....kind of annoying, sometimes.
thanks Last edited by jake; 30-03-2009 at 09:34. |
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#15
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different system........
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#16
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Pulsar, looks like a great system, i am a newbie, is this for eur/usd only?
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#17
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Trider EVO works well with every trending pair. Put on 30M timeframe. It's a gold mine. And if someone wants to scalp - for scalp is better Trider3. One should be careful with 1M timeframe, shanges occure wery rapidly.
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#18
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When I setup the TRiderEVO template I keeping getting these messages on the Expert Tab anyone have any ideas on what I might be doing wrong?
Here are the errors: 10:26:12 Waddah_Attar_Explosion EURUSD..,H1: loaded successfully 10:26:12 Waddah_Attar_Explosion EURUSD..,H1: initialized 10:26:12 Waddah_Attar_Explosion EURUSD..,H1: uninit reason 1 10:26:12 Waddah_Attar_Explosion EURUSD..,H1: removed 10:26:12 Waddah_Attar_Explosion EURUSD..,H4: loaded successfully 10:26:12 Waddah_Attar_Explosion EURUSD..,H4: initialized 10:26:12 Waddah_Attar_Explosion EURUSD..,H1: uninit reason 1 10:26:12 Waddah_Attar_Explosion EURUSD..,H1: removed 10:26:12 Waddah_Attar_Explosion EURUSD..,H4: loaded successfully 10:26:12 Waddah_Attar_Explosion EURUSD..,H4: initialized 10:26:12 Waddah_Attar_Explosion EURUSD..,H4: uninit reason 1 10:26:12 Waddah_Attar_Explosion EURUSD..,H4: removed ...continuously non stop... Thanks. Seems like a good system if I can correct this behavior on my machine. |
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#19
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I found this while almost making a major mistake of purchasing Forex Magic Machine. Threre's a scam warning out that all it is is a replica of vForce which you can get for free. It runs off of the EUR/USD 15 minute chart. vForce Like EA.mq4
Here's the Preset: S1=---------------- Entry Settings StochKPeriod=5 StochKPeriod,F=0 StochKPeriod,1=3 StochKPeriod,2=2 StochKPeriod,3=13 StochDPeriod=3 StochDPeriod,F=0 StochDPeriod,1=3 StochDPeriod,2=0 StochDPeriod,3=0 StochSlowing=3 StochSlowing,F=0 StochSlowing,1=3 StochSlowing,2=0 StochSlowing,3=0 OnlyAtStochSignal=0 RSIPeriod=6 RSIPeriod,F=0 RSIPeriod,1=10 RSIPeriod,2=-2 RSIPeriod,3=2 RSILevel=50 RSILevel,F=0 RSILevel,1=50 RSILevel,2=0 RSILevel,3=0 OnlyAtRSISignal=0 ADXPeriod=2 ADXPeriod,F=0 ADXPeriod,1=10 ADXPeriod,2=-2 ADXPeriod,3=2 OnlyAtADXSignal=0 BearsPeriod=15 BearsPeriod,F=0 BearsPeriod,1=17 BearsPeriod,2=-2 BearsPeriod,3=2 OnlyAtBearsSignal=1 BullsPeriod=13 BullsPeriod,F=0 BullsPeriod,1=17 BullsPeriod,2=-2 BullsPeriod,3=2 OnlyAtBullsSignal=0 MACDFast=18 MACDFast,F=0 MACDFast,1=24 MACDFast,2=-2 MACDFast,3=6 MACDSlow=26 MACDSlow,F=0 MACDSlow,1=30 MACDSlow,2=-2 MACDSlow,3=20 MACDSMA=11 MACDSMA,F=0 MACDSMA,1=13 MACDSMA,2=-2 MACDSMA,3=5 OnlyAtMacdSignal=0 RPeriod=10 RPeriod,F=0 RPeriod,1=14 RPeriod,2=-2 RPeriod,3=6 OnlyAtROCSignal=1 BBPeriod=16 BBPeriod,F=0 BBPeriod,1=28 BBPeriod,2=-2 BBPeriod,3=10 OnlyAtBBSignal=0 S2=---------------- Money Management Lots=0.10000000 Lots,F=0 Lots,1=0.10000000 Lots,2=0.00000000 Lots,3=0.00000000 LotsPercent1=80.00000000 LotsPercent1,F=0 LotsPercent1,1=80.00000000 LotsPercent1,2=0.00000000 LotsPercent1,3=0.00000000 LotsPercent2=20.00000000 LotsPercent2,F=0 LotsPercent2,1=20.00000000 LotsPercent2,2=0.00000000 LotsPercent2,3=0.00000000 RiskMM=1 RiskPercent=13.50000000 RiskPercent,F=0 RiskPercent,1=1.00000000 RiskPercent,2=0.00000000 RiskPercent,3=0.00000000 Martingale=0 Multiplier=2.00000000 Multiplier,F=0 Multiplier,1=2.00000000 Multiplier,2=0.00000000 Multiplier,3=0.00000000 MinLots=0.01000000 MinLots,F=0 MinLots,1=0.01000000 MinLots,2=0.00000000 MinLots,3=0.00000000 MaxLots=100.00000000 MaxLots,F=0 MaxLots,1=100.00000000 MaxLots,2=0.00000000 MaxLots,3=0.00000000 S3=---------------- Order Management MarginPips=10 MarginPips,F=0 MarginPips,1=10 MarginPips,2=5 MarginPips,3=30 StopLoss=150 StopLoss,F=0 StopLoss,1=15 StopLoss,2=15 StopLoss,3=150 TakeProfit=10 TakeProfit,F=0 TakeProfit,1=10 TakeProfit,2=5 TakeProfit,3=25 HideSL=0 HideTP=0 TrailingStop=50 TrailingStop,F=0 TrailingStop,1=0 TrailingStop,2=1 TrailingStop,3=6 TrailingStep=0 TrailingStep,F=0 TrailingStep,1=0 TrailingStep,2=0 TrailingStep,3=0 BreakEven=0 BreakEven,F=0 BreakEven,1=0 BreakEven,2=0 BreakEven,3=0 MaxOrders=100 MaxOrders,F=0 MaxOrders,1=100 MaxOrders,2=0 MaxOrders,3=0 Slippage=3 Slippage,F=0 Slippage,1=3 Slippage,2=0 Slippage,3=0 Magic1=20091 Magic1,F=0 Magic1,1=20091 Magic1,2=0 Magic1,3=0 Magic2=20092 Magic2,F=0 Magic2,1=20092 Magic2,2=0 Magic2,3=0 S6=---------------- Extras ReverseSystem=0 Expiration=60 Expiration,F=0 Expiration,1=60 Expiration,2=0 Expiration,3=0 I also posted something for Alpari US account users. I have been receiving Excellent trade signals from their website under Alpari Research/Technical Analysis. You'll need to log in and they'll look somethimg like this:
USD/CAD intraday: under pressure. Pivot: 1.1335 Our preference: Short positions below 1.1335 with targets @ 1.1155 & 1.1075 in extension. Alternative scenario: Above 1.1335 look for further upside with 1.143 & 1.1485 as targets. Comment: the RSI is badly directed. ![]() Happy Trading, cwave |
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#20
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Hi and thanks for sharing two systems,
I have tried and TrendRider3 is working Fine, But I dont know the Trading Rule, if you can help writing the rules. The TriderEVO system continues gives error for not finding Waddah Attar indicator. I appreciate if u can tell me the trading rul for TrendRider3 so i could practice it and see how good it is. Thank you and Kind Regards |
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#21
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Quote:
good recommend |
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#22
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I'm using TRider EVO with daily timeframe. TRider3 is for assistance, for now. I have not yet wrote rules for that system. I make my own rules by first observing and based on that observations I wrote the rules.
Still admiring, who did build those systems - TRider EVO and TRider3. Very complicated and good systems.))) My third daily system is Ash II. |
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#23
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Quote:
TraderEVO on daily TF? I'm really interested in your reports Demo or real thanx |
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#24
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Iam currently on demo with Trenrider3, it is fantastic.Trider EVO is placed side by side it for comfermating, follow the rule, be patient and get a grate havest.
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#25
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Hi,
I trade with bollinger bands and seeing your method and the different use of bollinger bands is quite interesting, I am going to look into this and backtest with your bollinger bands as opposed to mine, thank you very much. h |
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#26
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I don't demo. I analysed all charts with this system as far as I could get. That is 3 years and 3 months. 03.2006-06.2009. 22 pairs vs 4 were with positive results. Some 35 000 pips /neto all together. I take profit after first positive candle close. Time stop 4-th candle close after signal candle.
Maybe,that earlier times it didn't work so well. Some systems change better or worse depending how the market changes. If opposite arrows comes to close, then the last one erases previous. 06.2009-11.2009 result 3000 pips/neto. Neto is after spread. |
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#27
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Quote:
what pairs have u backtested? And what pairs didn't you found so profitable? I'm going to work about it,and I'd like to match my results with yours have a pip week |
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