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thesecret method v2 -NEW! 03/09/2009

This is a discussion on thesecret method v2 -NEW! 03/09/2009 within the Short Term Trading Systems forums, part of the Manual Trading Systems category; After thesecret method here comes v2! Disclaimer: All indicators are free and open for public. Method isnt copied from anywhere. ...






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Short Term Trading Systems Manual trading systems that are based on short time frame charts (1 min - 60 min)

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Old 03-09-2009, 05:21 AM
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Exclamation thesecret method v2.7 -NEW! May 29/2009

After thesecret method here comes v2!


Disclaimer: All indicators are free and open for public. Method isnt copied from anywhere. If the same method exists somewhere else I did NOT know about it. USE AT YOUR OWN RISK, IAM NOT RESPONSIBLE FOR YOUR LOSSES BUT FOR YOUR GAINS IAM!

So, that being said....lets start. This method can be used on any time frame and on any pair, but I tested it only on EURUSDM15. Fell free to test it on any other pairs and time frames but for those u may have to manually adjust stepPSAR value in 4TFPSAR indicator to fine tune it, get(better)results. All indicators are always optimized for EURUSDM15! Thanks developers for indicators!


Recommended Pairs/TF:
- EURUSD M15 -


Long/Buy steps:

- Wait for NonLagMA to be green
- Wait for TFPSAR to be green for all time frames
- Wait for TheSecret Trend Reverse green dot
- Wait for green diamond - then enter

If entry signal is far from color change of NonLagMA ,risk is higher!

buy example on chart:


Short/Sell steps:

- Wait for NonLagMA to be red
- Wait for TFPSAR to be red for all time frames
- Wait for TheSecret Trend Reverse red dot
- Wait for red diamond - then enter

If entry signal is far from color change of NonLagMA ,risk is higher!

sell example on chart:



Use common sense and restrict your own trading if the chart looks unpromising and if market is ranging.

Well, no system is perfect but I hope u will gain some pips with this!

EDIT 27_3_2009 - For you who haven't got same signals like on my screen shoots posted here. Data feed is slightly different from broker to broker, hence it has impact on 4 TF PSAR indicator. U can manually adjust values in 4 TF PSAR settings to get "better signals". After loading template, right click on chart ,click on Indicators List(CTRL-I), click on 4 TF PSAR Bar to select it then click Edit , manually change stepPSAR value to fine tune indicator for your brokers MT4. U can use this to adjust indicator to get (better)signals for other pairs too!

EDIT: 30_3_2009

NEW v2.1!

- Exits are now handled automatically by EA

EDIT: 03_04_2009
NEW v2.2!

- Sound alert on 4TFPSAR first color match
Thank you Martin!

EDIT: 05_04_2009
- New trailing EA added

EDIT: 07_04_2009
- Visual changes in 4TFPSAR ,now showing arrows instead squares
- better trailing settings in EA(optional)

EDIT: 09_04_2009
- NEW EA for trailing (I think I got it this time) Thanks Martin!

EDIT: 15_04_2009
NEW v2.3!
- Updated PSAR, see changes here.
- Added trend Indicator, rules are simple, only SELL orders if red line is on top of green(down trend) and BUY orders if green line is on top of red(up trend).

EDIT: 22_04_2009
NEW v2.4!

EDIT: 15_05_2009
NEW v2.5!
- Read buy/sell rules above

EDIT: 20_05_2009
NEW v2.6!
- Read buy/sell rules above

EDIT: 29_05_2009
NEW v2.7!
- no repaint when running "live" (forward or demo). It will repaint in
back test and when it is attached to a chart to draw the past bars or when you modify the parameters and validate the settings.
- possibility to change value of PSAR step for each timeframe. This
way, value can be set (tweak) on higher timeframe to reduce lagging and catch signals faster. (Thanks Martin)
- Quik_Traling EA for order managment (Thanks Quiksilver)



Download rar archive below , overwrite files in MT4 folder and use NEW template!

Enjoy,
thesecret
Attached Files
File Type: rar thesecret method v2.7.rar (66.6 KB, 1404 views)
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Last edited by thesecret; 05-29-2009 at 10:26 AM. Reason: 2.7 added
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Old 03-09-2009, 06:11 AM
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EURUSDM15 this morning. And thats faaaaaaaaaar away from NonLagMA color change, so in reality is not recommended, but its optional.

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Last edited by thesecret; 03-14-2009 at 07:13 AM.
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Old 03-09-2009, 06:39 AM
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Quote:
Originally Posted by thesecret View Post
EURUSDM15 this morning. And thats faaaaaaaaaar away from NonLagMA color change.

Hey, I actually just wonder, what if you just use MTF PSAR alone. Does that give any false signals?

Last edited by Ganglion; 04-03-2009 at 04:39 AM.
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Old 03-09-2009, 07:10 AM
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Great work!
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If this system doesnt work for you. Stick with a system that works BEST FOR YOU!

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MAX SNAKE SOLUTION
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Old 03-09-2009, 08:51 AM
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U can have fun scalping 10 pips on M1 with this

Recenty:

23087566 2009.03.09 15:46 buy 0.10 eurusd 1.25971 0.00000 0.00000 2009.03.09 15:57 1.26002 0.00 0.00 0.00 3.10
23090485 2009.03.09 16:04 buy 0.10 eurusd 1.26065 0.00000 0.00000 2009.03.09 16:06 1.26168 0.00 0.00 0.00 10.30
23091975 2009.03.09 16:13 buy 0.10 gbpusd 1.38375 0.00000 0.00000 2009.03.09 16:14 1.38470 0.00 0.00 0.00 9.50
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Last edited by thesecret; 03-09-2009 at 09:19 AM.
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Old 03-09-2009, 09:36 AM
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Quote:
Originally Posted by Ganglion View Post
Hey, I actually just wonder, why if you just use MTF PSAR alone. Does that give any false signals?
NonLagMA filters some false signals on M1 TF, cuz MTFPSAR M1 is very sensitive on price movements. For higher timeframe I didnt notice yet.
Iam recommending use of my template in rar archive, to be safe.

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Last edited by thesecret; 03-09-2009 at 09:49 AM.
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Old 03-09-2009, 02:52 PM
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Thank you for sharing. So much to test and not enough hours in the day!

Did you live trade above or are you still demoing it?
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Old 03-09-2009, 09:01 PM
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Thanks for sharing. I really appreciate it, what a knowledgeable forum!
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Old 03-09-2009, 09:16 PM
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The multi time-frame tool is awesome. Nice system, thanks for sharing. This seems a simple system that could be coded into an EA and backtested. Any coders out there?
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Old 03-09-2009, 10:28 PM
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Just wanted to say thank you for the system already took some trades for profit! Just curious if you took one trade and got 30 pips would you open another trade if right after a signal is produced?

See attached picture

http://img211.imageshack.us/img211/6169/chat.gif
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