The quotWeighted Taylorquot Method -
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thread: The quotWeighted Taylorquot Method

  1. #21
    Junior Member Scotty's Avatar
    20
    Kevin,

    Its amazing to find that total strangers discuss their experiences and thoughts. Thank you.

    Once I developed this egy I used back testing to iron out issue areas for example where to enter and exit. And I totally agree with you on taking this egy live. I have done so, and as I type that I have been using my egy for the previous week. I have completed 2 success complete trades each pulling in over $120 profit. There is no greater method of analyzing a egy than using it live.

    As soon as I have completed 5 more trades sick gladly post a picture of my trade history for everyone to see.

    Due
    Brendan

  2. #22
    Junior Member Scotty's Avatar
    20
    Below is a picture of my trade history, it contains all of the trades that I have finished before I knew whatever to the trades that I have used my egy . Im really happy with the outcome and hope you're as well. The profit is in dollars.

    Brendan

  3. #23
    Junior Member anpknio.abs's Avatar
    28
    Below is a picture of my trade history, it comprises all the trades that I have finished before I knew whatever to the trades that I have used my egy with. Im hope you are. The profit is in dollars.

    Brendan
    Im sorry I dont understand just what trades on this report are based off of the weighted taylor method?

  4. #24
    Junior Member Scotty's Avatar
    20
    mcmep11,

    sorry about the confusion and that I should have suggested which trades were done using the my egy. Taking a look at the very first coloum, the trades done before 2007/07/18 were trades I did whilst studying and experiementing with different egies. All trades done from the 18th were traded with all the weighted taylor technique.

    PLEASE NOTE:
    The under template is exactly what I am currently using to do my own trades -

    Hope this helps,
    Brendan
    https://www.cliqforex.com/attachment...1992007062.tpl

  5. #25
    Junior Member anpknio.abs's Avatar
    28
    So I am attempting to make sure I understand the method. You shorted the $yen pair on the 23rd, then again on the 24th. Now if I understand correctly, you left the very first trade because the blue is on bottom, orange clearly above it, yellow clearly above the orange, and for the very first time, the yellow is beneath the pink. Rsi and That the macd gave their signal. So that ought to be a point signal that is excellent.

    So my if that's a correct understanding, then my second question, would be: what logic did you use to make the $yen transaction on the 24th about 18 hours after closing the prior transaction? Strictly following the principles that you should continue to be open on the 1st trade by the rsi and macd signs right? (unless its just a Im pleased with 120 pips in 24 hours kind of decision)

    Also, Ive correct the levels for the macd in my yen pairs into .40 and .40, seems to offer similar results as the .005 on other pairs.

    Thank you for answering and sharing bone headed questions such as mine!

  6. #26
    Junior Member Scotty's Avatar
    20
    Mcmep11,

    Firstly, thank you for the values on the $yen, the 0.40 and -0.40 appear to function well. As for why I shut the place, I was attempting to see how much profit I can take in 1 day. You are correct, after my egy and looking at the $yen chart, the trade I opened on the 23rd must still be open with profits within 150pips.

    Hope this helps,
    Brendan

  7. #27
    Junior Member anpknio.abs's Avatar
    28
    Great, Now I think I'm finally understanding this method. Thank you.

    ,

    Firstly, thank you for the values about the $yen, the 0.40 and -0.40 appear to function well. In terms of why I closed the place, I was attempting to see how much profit I could take in 1 day. You are right, following my egy and taking a look at the $yen chart, the commerce I started on the 23rd must still be open with profits within 150pips.

    Hope this helps,
    Brendan

  8. #28
    Junior Member Pippas's Avatar
    19
    Below is a picture of my commerce history, it contains all the trades that I have finished before I knew whatever to the transactions that I have used my egy . Im really happy with the results and hope you are well. The profit is in dollars.

    Brendan
    I don't see why you took the 7/18 EURUSD commerce at 1.3803. The RSI was over 60. ?

  9. #29
    Junior Member Pippas's Avatar
    19
    The idea appears very good Brendan. As someone else stated, it's based on the very same fundamentals as the GMMA system, which isn't a buy/sell-based indior system, but that uses multiple moving averages, and it doesn't rely on crossovers for signs, but instead the relationship between the two collections of MMAs to indie trend strength, market requirements, etc.. Maybe the RSI and MACD could be used together with the GMMA for affirmation...

    Anyway, didn't mean to hijack your thread. :-)

  10. #30
    Junior Member Scotty's Avatar
    20
    JoshDance,

    It is very good to see people pull my system apart and also ask questions - and yours is quite valid. The 18th was the start of me placing my own egy to the test. Along with the trade you are speaking about has been practically my first trade with the Weighted Taylor Method.
    The reason was I took the trade was I was trying to use other information which included the price at its highest (1.3850) on the 24th. That is the highest its. I must admit that I took a chance at this commerce, like I thought it would come down.
    Additionally, I must admit that I was to impatient to get more transactions in, so although the RSI and MACD had been over their redlines, I knew that in the future (I didnt understand how long) they would drop. It paid off, but not without abit of stress and hair pulling.
    Since then I have to take steps to try discipline myself and keep myself out of bad trades.

    I have to ask - where could I find out more info about the GMMA system you said.

    Hope this helps,
    Brendan

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