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AllAverages T3-LSMA-ILRS Trading System

This is a discussion on AllAverages T3-LSMA-ILRS Trading System within the Trading Systems forums, part of the Trading Forum category; Hi Newdigital, Can you explain further your analysis how to select the best currency pairs to trade for the day? ...

      
   
  1. #31
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    Hi Newdigital,

    Can you explain further your analysis how to select the best currency pairs to trade for the day? I assume you want to select the best trending pairs and avoid the ones with small ADR.

    I know you can't totally avoid it but I still struggle with how to minimizing trading losses during choppy periods without a large SL.

  2. #32
    Administrator newdigital's Avatar
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    Hi j777,

    I am making technical analysis every morning to know the following: which pair i will trade, and which direction
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  3. #33
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    hi !
    template from post 16 uses geometric mean instead of ilrs . is this the way intended ?
    thanks .

  4. #34
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    One of the version of this system was updated with improved indicator and new template. So, for now - this system works with new MT4 versions.

    Go here to download.
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  5. #35
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    All templates were updated and all indicators were improved for two systems on this thread. Go to the first post of the thread for the links to download.

    ------------

    I traded the second version of this system today with improved indicators/template (just to test this new one) .... so - everything works :

    AllAverages T3-LSMA-ILRS Trading System-all_0906.gif


    AllAverages T3-LSMA-ILRS Trading System-eurusd-m15-alpari-limited.png


    AllAverages T3-LSMA-ILRS Trading System-usdchf-m15-alpari-limited.png
    Attached Files Attached Files
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  6. #36
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    EA and this strategy

    hello newdigital

    I have hired a coder and developed an ea to trade with this strategy

    the results i'm getting are very very poor, maybe i do not understood the strategy, can you please explain in a different way?

    even these last 2 screeshots you have published are not clear, and there are not order on them and the the haiken hashi seem too slow to open in the direction of it...

  7. #37
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    I will try to explain more (tomorrow sorry) ... but it is difficult to create EA for this system
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  8. #38
    Administrator newdigital's Avatar
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    Hi Dave,

    Using this system - we can catch big movement. If -

    • blue line is fast line, we are using this line for trading
    • yellow line is medium line, we can use it for stop loss for example
    • red line is slow line, we can use it for the direction of the trend (to open the trade using blue line on the direction of red line).

    So, we will not gewt stop loss here for example:

    AllAverages T3-LSMA-ILRS Trading System-gbpchf-m15-metaquotes-software-corp.png
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  9. #39
    Administrator newdigital's Avatar
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    This is the other example - I opened buy for GBPJPY. But I opened it too late so I will get stop loss. It is the chart about how it should be -

    AllAverages T3-LSMA-ILRS Trading System-howto.png
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  10. #40
    Administrator newdigital's Avatar
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    The other example - I opened sell trade too late:

    AllAverages T3-LSMA-ILRS Trading System-gbpchf-m15-metaquotes-software-corp-2.png
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