Yet another newbie system!

[Jyde]

Hi all

great system beautiful in its simplicity. Thanks for sharing.

I was just wondering... has anyone ventured into this on any smaller time frames MAs?

All the best...

[tim_nn]

Originally Posted by Jyde

has anyone ventured into this on any smaller time frames MAs?

Yes. In a sense BunnyGirl has (among others).

See her long interesting thread called "WMA Cross". Similar principle of MA crossover plus filter after the cross (in her case 30 minute charts with 5 & 20 WMA cross; but a lot more to it as well a _highly_ discretionary system).

The underlying theory of such systems in a nutshell is that by being willing deliberately to miss a significant proportion of the trend you catch the smaller residual proportion of it with _greatly_ increased reliability.

[Jyde]

Originally Posted by tim_nn

Yes. In a sense BunnyGirl has (among others).

See her long interesting thread called "WMA Cross". Similar principle of MA crossover plus filter after the cross (in her case 30 minute charts with 5 & 20 WMA cross; but a lot more to it as well a _highly_ discretionary system).

The underlying theory of such systems in a nutshell is that by being willing deliberately to miss a significant proportion of the trend you catch the smaller residual proportion of it with _greatly_ increased reliability.

You are of course right. I have read through that thread all in one afternoon. To be ht it did my head in. Although I would never dispute anyone as gifted as bunnygirl I also think in order to get the hang of the discretionary side one have to start a simpler beginning gradually work in the more complex filters decisions.

What I was wondering was if anyone has tried to implement - maybe only in testing - this system though perhaps with other parameters so to get the same realiability though of course for smaller profits - thus exposures - on a smaller timeframe.

If noone else has maybe I will find the time to do so myself. It seems worthwhile. Also since this is a very objective system maybe it is possible to do a backtesting write-up for eSignal (what I use)... I shall have a ponder.

Once again thanks to all for being so willing to share your knowledge. It really is great reading!

[tim_nn]

Originally Posted by Jyde

To be ht it did my head in.

Well it's an unusual amusing reaction to BG's thread I must say ... but I imagine actually that she would be the first to see the funny side of it.

I know exactly what you mean in a sense. BG is indeed a gifted trader as those of us who have encountered her in the chatroom repeatedly can attest to.

Originally Posted by Jyde

I also think in order to get the hang of the discretionary side one have to start a simpler beginning gradually work in the more complex filters decisions.

I don't disagree. The people I actually feel sorry for are all the trying to "code" even "automate" the BG system; IMHO this is a huge mistake they are destined for disappointment. (I suspect even that BG might agree with this viewpoint but she is doubtless far too polite to say so in any case I shouldn't put words in her mouth).

Originally Posted by Jyde

What I was wondering was if anyone has tried to implement - maybe only in testing - this system though perhaps with other parameters so to get the same realiability though of course for smaller profits - thus exposures - on a smaller timeframe.

Yes I see what you mean. Well speaking for myself I tried something very similar on a 3-hour timescale (now you will tell me very reasonably that that's not much shorter!) a couple of years ago I couldn't make it work. But I did not have sr2's PSAR crossing idea.

Originally Posted by Jyde

It seems worthwhile. Also since this is a very objective system maybe it is possible to do a backtesting write-up for eSignal (what I use)... I shall have a ponder.

Indeed. Mechanical rather than discretionary; but at the moment in need of "exit management". I think we're all agreed about this(?). that's partly my fault because I keep promising to explain ATR properly here make some ATR-orientated suggestions for exit-management (of which I do have experience) things keep getting in the way of that. But I'm planning to do so on Sunday!

[ImWanted]

When 10 MA crossover 40 MA take the crossover price let it runs for 100pips or 1 ATR = maybe average daily range for last 20days which is usually 100-200pips.. depending on currency ps before entering. The 100pips or 1 ATR is the price filter... for ranging market.If u look at SR2 original setup the PSAR cross 40 MA most of the time.. it is >70% of the move

I see what you mean now Compro00. Could there be exceptions..take a look at the Usd-Cad the up cross of the MA now the PSAR' about to touch but the price dipped down.

[pipzilla]

compro

Thanks for the link--that's a good article!

Originally Posted by compro00

Just like this link.. the filter "predict" price action

http://www.fxstreet.com/images/graf/...vember2004.pdf

ImWanted i'm Sg too.. hehe.

[Jyde]

Originally Posted by tim_nn

Mechanical rather than discretionary; but at the moment in need of "exit management". I think we're all agreed about this(?). that's partly my fault because I keep promising to explain ATR properly here make some ATR-orientated suggestions for exit-management (of which I do have experience) things keep getting in the way of that. But I'm planning to do so on Sunday!

Tell me about it!
When I started I thought getting the entries was all there was to it. Now it is easy to find entries but exits...? It's right up there with avoiding entries in a sideways market getting whipzawed to the poor house!
So far for (semi-)mechanical systems I have found PSAR to be the closest though not perfect. Any thoughts you have on ATR would be most welcome!

now - some shut eye onto a new week. Best of luck all...

[sr2]

Sorry everybody...I will post updates replies soon...just a bit busy with a few personal things.

SR2