blue boy system - Page 4
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Thread: blue boy system

  1. #31
    Quote Originally Posted by ;
    on example chart you don't see: heiken ashi, osma and tenkan-sen since I like to have as small tools on my chart as you can. Govinda_arrow. mq4 and Govinda_live. Mq4 are checking all the requirements automatically so actually there is no need to have any resources on the charts beside Kijun-sen (trailing stop)
    All tools and terms are described in post #1
    Excellent, thanks Govinda.

  2. #32
    Hi govinda,

    does the template post #14 comprises the newest upgrade and all of the culculation that u post ? thnx

  3. #33
    Hi Pips_pirate
    Template is just a template.
    I like to maintain my template as clear as possible

    what actually matters are only two indiors:
    _reside -- entrance signs
    and kijun-sen -- monitoring stop

    another indioras are optional and not necessary for trading (such as _arrow)

    template from post 14 is my way of keeping things easy. You may add.

    This program is stil under development and I am working literaly night and day online optimization.

    At the moment since last few months it's doing quite good since market is moving nicely. But be aware that market Can Be peaceful or ranging... Regards

  4. #34
    Welcome following long brake Throughout last 3 months I have been enjoying vaions and working on this formula to make it automated. The following results (backtest) have been generated by optimised EA that is based on the formula described in article no1 (slightly changed)

    January 2008: -87 pips
    February 2008: 447 pips
    March: 203 pips
    April: 734 pips
    May: 229 pips
    Jun: 528 pips
    July: -285 pips
    August: -275 pips

    This formula is definitely designed for strongly trending market. (by trending market I am trending in specific way during London session especially) In February 2008 Eur/usd broke 1.5 level which caused increase of volatility for next few months. After that happened there were more trending times than sideways that's the reason why this formula was doing so well.

    I also back analyzed year 2007 with the exact settings. . There were just few winning months and it was definitely loosing year for that formula (with the exact same particular settings)

    My conclusion:
    in case you have your own method of successful predicting which days are going to be trending and that not you're able to take advantage of this formula with fantastic success. Otherwise be very careful.

  5. #35

  6. #36
    Those three custom indiors are pointing entrance signs.

    Govinda_live: (it takes Govinda_math to work)
    light blue bar #8211; prep for extended signal
    blue bar #8211; long entry signal
    golden bar #8211; prep for short signal
    crimson bar #8211; brief entry signal.

    Govinda_arrow: (it takes Govinda_math to work)
    signalling arrows #8211; they appear after candle is closed.
    Red dot #8211; first SL ought to be placed there
    green ster #8211; when price reaches that amount we proceed SL either on BE stage or kijun sen.

    this indior contains some calculations which are utilized by two additional indiors. You don't have to open this indior on your chart (it reveals nothing) but you have to put it to /experts/indiors folder.

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