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- Blackeagle replied Dec 1, 2011
EU bars should be green. I just put Supertrend indi itself on the chart and the bars are all above the supertrend indi. So, the ones having red candles have a problem. I am attaching the chart with supertrend indi on it (with original inputs, 10-1.7)
Fratelli Intraday trading system
- Blackeagle replied Dec 1, 2011
My Chart. But it hasn't been triggered, yet.
Fratelli Intraday trading system
- Blackeagle replied Dec 1, 2011
First signal was at 7:50 GMT but cancelled when price closed above 89. See my previous post.
Fratelli Intraday trading system
- Blackeagle replied Dec 1, 2011
7:50 GMT signal bar became invalid with the next bar closing above 89EMA and then we had a new signal bar at 8:20 GMT and a new PO should have been placed but that was not triggered. Hope this helps.
Fratelli Intraday trading system
- Blackeagle replied Dec 1, 2011
EJ wasn't triggered (my broker and IBFX demo). Signal bar was at 8:20GMT and its low was 104.212. Price didn't touch 104.182 (the low was 104.190). If your broker has wider spreads, you may well be triggered. EU trade is a full loss, -25 pips.
Fratelli Intraday trading system
- Blackeagle replied Dec 1, 2011
Good one. You can use it to compensate a loser.

Fratelli Intraday trading system
- Blackeagle replied Dec 1, 2011
AU trade is not a valid one, because it was triggered at 6:50 GMT. We start trading at 7:10 GMT. Only valid signal was on GU for the ones who trade this pair which is not recommended by Peter and it hit +15 TP. Also there is a signal on EJ now, PO ...
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
Totally agree. And I checked Supertrend levels on M10 chart again and they all stayed the same bar after bar. I respect FxIgor's experience and opinions and the indi may be repainting in terms of computer terminology but it is not repainting in ...
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
25%. Because you need 4 indis to align to take a trade, 89EMA, 2EMA, MACD and supertrend candles. If the supertrend levels do not repaint heavily which I believe they don't from visual forward tests, that percentage is even less.
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
Yes, it was me. I have a supertrend indi doing the same thing and it does not repaint. What this indi is actually a CCI indi, 50 period. When CCI 50 moves above 0 line, then indi prints green colour showing uptrend and when it moves below 0 line, it ...
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
Thanks for your contribution. That's what we have been doing since Nov.17th and the results are good so far. To be honest, although I appreciate Peter's efforts re. backtests, I always rely on my tests (which is forward testing) when trading someone ...
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
Sorry for my dumbness. Just trying to understand in plain English as I am not a technical person at all. Which one is repainting, original supertrend indi or bar indi that Micky created? Thanks for your time, Regards, Blackeagle
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
Thanks for the explanation Micky, but just one thing I don't understand, why do I need to change the time frame? I have my original supertrend indi on 10 min tf as well as your indi and they are working properly. Can you please tell me why do I need ...
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
Why don't you try it by putting original supertrend indi on your chart with original settings and see if bar colours change when price moves above/below the indi? Mine does.
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
Can you please check your backtest results since Nov. 17th and compare with Dean's forward test results? Because we have been forward testing since Nov.17th and if you can match your backtest results with forward ones, then we can say that there ...
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
I have been forward testing this strategy with original Supertrend indi on the chart since repainting issue was raised. As you all know, when price closes above supertrend indi which is just a CCI indi actually, its colour changes to green and below ...
Fratelli Intraday trading system
- Blackeagle replied Nov 29, 2011
I call it a day as I already got 45 pips including GU, more than double my daily target. I'm trying not to overtrade. Regards, Blackeagle
Fratelli Intraday trading system
- Blackeagle replied Nov 28, 2011
Please check my chart. It shows GMT time.
Fratelli Intraday trading system
- Blackeagle replied Nov 28, 2011
Dean, I checked your chart and you broker is GMT+1. Because I'm using IBFX for signals and it is GMT. So the red line you put on 7:10 bar is at 6:10 on my chart. So your signal was at 6:10 GMT where Frankfurt opens at 7:00 GMT. Hope this helps.
Fratelli Intraday trading system
- Blackeagle replied Nov 28, 2011
[quote=deankenny21;5172370] All rules were met at the close of 6:00 GMT candle and trade triggered at 6:20 GMT candle. These all happened before Frankfurt opens as it is opened at 7:00 GMT. You still have your light grey area starting at 5:50, I ...
Fratelli Intraday trading system