Open/Close Crossover Method

I have abandoned my (profitable) 19 pairs trading; because a new system I have been working on today, spanks the OCC badly.. with about 50% fewer parts..

Amazing...

I've got the Big Mac ready, now all I need to do is find the Secret Sauce..

http://www.forexfactory.com/forexfor...ead.php?t=5880

Now if I can only talk to that guy who found the secret sauce for McDonalds..

Here is how i am using your occ. It seems to work welll. This is based on the premise that when you get into a trade you want to use lagging indicators (moving averages) and non lagging indicators to get out (cci).


i have 34c/34o hull moving averages. when they cross they create the red and green entry arrows. Each buy/sell order is set with 3 units.

next i have 24 cci and 2 bars at 150. If the cci goes over a 150 bar and then comes back then it generates the blue and yellow exit points.

Each time an exit point is reached it sells a unit. If a entry single is hit before all 3 units are sold it sell the remaining units and enters the trade.

Each pair needs the 150 bar optimized for its volitilty, this isnt the best for gbp/usd but i wanted to show a medium result page

http://www.kungfurabbits.com/occhullcci.jpg

Hi Witchazel,

I've moved to 55EMAClose xover 56EMAOpen, and I think it gives slightly better signals than 34TMAOpen xover 34TMAClose. Give it a try!

If anybody wants Hull's Moving Average for VT, let me know, I had written it before and can post it.

''blink

Witchazel,

I had to delete your chart is was too large. max is 600 x 600 and yours was messing up the screen display.

Please upload it again smaller. thanks scott

2Blink

why not post your version of Hull's MA in New Indicator Postings anyway?

2blink - can you elaborate on your new system you say is superior to OCC?

I can't quite elaborate yet for 3 reasons:

1) It is still in the alpha stages, and so I don't know if the results at the end when trailing stops etc.. are added if it will still be as effective.


2) I have not found an "optimized timeframe" for it yet.. (Assuming there is such a thing)

3) I have not decided if I am going to share it or not..

Gosh twoblink when you get it to the point of satisfying the first 2 criteria, I sure hope you share.... That is kind of the point of a forum.. It is a multi Trillion dollar market. I doubt there would be anyway it could saturate the market...

I am cheering for you... Scott

I hope I share as well!! But in reality, I have never "not shared", when asked. But I have to admit, I get more freeloaders than I expected..

The assumption is, I post something, we discuss it, make modifications, add and subtract to optimize, and then everybody benefits..

A few seem to feel some of us "owe" them to share.. which is a horrible attitude IMHO, one that has really turned me off.

The other part is, I like to share, when I understand it; that way, I'm able to answer questions, as well as not have cognative dissonance..

Based on the original OCCv1, but using Hull's Moving Average instead of EMA or TMA.

Attached.


Please people, give some USEFUL feedback. It takes me a lot of time to share most of this, time I could be using to test out new things. I'm sharing in hopes of getting feedback. If I keep posting, and people keep requesting things without giving me feedback, I will probably stop posting..

Hi twoblink,

Have you tried to put a (standard) bollinger band (or just a 20 sma) over what you've created.
Its funny to see that price crosses the mid bollinger (or sma20) at the same time the Hull's cross.

Just my 2 cents.

I'll see what I can find/do more.

I understand your frustration about sharing and just want to help you in your process.

Regards, Dariuske.

Thanks Dariuske.

Yes, I have tried the BBands..

The problem isn't that, OCC tells you when to get in and when to get out quite well; the problem is when is the market moving sideways. Sideways detection is the problem.

You are right on the money two blink. I cringe sometimes when I read this thread. Guys, realize he has a full time job besides holding your hands. "Two Blink, can you re-write your system so it suits my needs", "Two Blink, can you summarize this thread so I don't have to read all 12 pages", "Two Blink, can you google trailing stop plus MT4 for me and email me the link". Come on guys... you can contribute much more by trying to do some of the work for yourself and let others know what you found in your search. If you have nothing else to contribute, try a sincere "thanks for your efforts".

Thanks Two Blink, the silent majority is massive and grateful.

I almost always want to reply with something rude like: RTFM. Or "what, my google is better than your google??"

But that's ok..

Here's what most haven't realized.. I've quit my day job. This __IS__ my day job. They see me hard at work, I am working on the forex for 11~14 hours A DAY. 6 days a week. I only take 1 day off a week, and sometimes I don't even do that.

When I am long a position, someone is short a position. I'm taking money from someone. So like I always say, those who sit back on the couch, knock a few cold ones back, and wait for ol' twoblink to show them to road to success...

Go read my journal and read about my ex-gf's cookies...


In its current form, OCC traded on the 4H with 4 pairs, Cable, Yen, CHF, and EUR, will produce over 1000 pips a month with minimal risk. If that isn't a big enough gift, I don't know what is.

I am grateful for Vegas, Dial, and all the other people who have shared openly. When I first read Vegas's docs, I was excited. And then I heard that Vegas III will not be "open". I was unhappy about that. This thread has made me realize why that is so...

"Ingrates" I think is the word..

I program for a living, people PAY me to program. I've asked not for a single red dime for any of the programs I've done on this board. I give as others have given to me. Because I believe that give and you shall receive. Those who think "I'll just receive and then give later" you've got the order wrong...

2blink - all your work and openness is MASSIVELY appreciated, believe me. I have now read this thread 3 times. I am a newbie and certainly don't anticipate giving up the day job (ophthalmologist) but am fascinated by the thought processes of forex, not just motivated by greed.

please continue to eductae us all, and when I do get the chance to add 2 cents worth, I'll do it immediately.

Twoblink's Hull's Moving Average (now with nutrisweet! Half the calories of butter or margarine!! The same great taste without the calories!!)

I've added VShift and HShift to it, and you can plot it on another frame.

Hull's moving average 55Close, and -5 HShift, is probably the most accurate price movement I've seen.

So I thought I'd attach it here..

I've been evolutionizing the OCC..

55EMA_HAOpen (Heiken-Ashi's)
56EMA_HACLose
-21 absolute stop
TakeProfit 1 at 34 pips
TakeProfit 2 at 55 pips
on the 1H,2H,4H.

I think traded on 4 pairs, Yen, Cable, CHF, and Euro. On the 2 Hour charts, I think it's almost impossible to not make 1000 pips a month..

And at the fear of sounding rude.. If you don't know how to get Heiken Ashi bars on whatever software you are using.. DON'T ASK ME. I use VT. I am not the software writer of the software you use. RTFM. Ask your software provider. TRY LOOKING AROUND. Use the HELP. Stop asking me stupid questions. I'm about to stop sharing because the morons are clogging up the useful information.

oh, and try www.google.com <-- For pretty much anything you need. Really.. do a search before you ask, it saves lives.. Only you can prevent forest fires...

Moving the takeprofit1 to 55pips
and takeprofit2 to 89 pips and traded on the 1 Day chart, it works very well with very very few false signals.

pips gained in a run in the 4 digit range (i.e. over 1000 pips) is not uncommon with OCC on the 1Day charts..

The ruleset however, is really what gets it by.

However, it seems that the absolute stop needs to be moved way down like -55 pips or something like that for the daily chart. I haven't mucked with the daily charts enough to get a firm handle on it..

For EUR and GBP..

takeprofit1@233pips
takeprofit2@377pips
5ATR's for trailing stop
and -133 pips for absolute stop.

This of course brings us to "investing" instead of trading.. But you would have banked over 4000+ pips in 8 months from it on these signals on the EUR..

This is so going to suck, and I want to publically make my apologies here..

BUT..

You MORONS are ruining it for the rest of the people, and I'm included in that group.

You ask me either through PM or IM the stupidest questions, which are answered IN THIS THREAD. And then I ask if you've read the thread, and your reply is NO! Whiskey Tango Foxtrot?? Pretty much just give me your money because you are going to lose it all in the forex anyways. Some of you have got to be the biggest lazyasses I've ever seen in my life. I now regret sharing because you people not only ruin anything that is good, but you waste my time, and add to my frustration.

If you are illiterate, get Hooked on Phonics and stop trading the FX.

I have made quite a bit of progress today with the OCC, and guess what? Not going to get posted. Why? Because you ask stupid questions. and you all know who "YOU" are.

Thread closed.