monpere 

Dude! people are throwing numbers around like 85%, 95% win rates, I think it's natural for others to say, wow! How can I get those numbers. I occasionally look at this system using the DmplusSignals indicator, and there are so many valid signals produced, that in order to generate those kind of win rates, you have to practice some mighty strong discretionary voodoo. I'd like to see what that voodoo looks like on a chart, so I can try to catch some of that action too ... I think this post is gonna get me called to the principal's office like Sharky

No, no voodoo and not many signals if you're looking for the right thing.
On the DMPlus - I find it much easier to see that signal with a very thick line
(Size 4) for the ADX Above (green). If that line is not present, for instance it's
absent during chop, there is absolutely no valid setup. But you need to make the
line wide so you can see it. On the 6S today, that thick green line was absent
about 75% of the time-so no trades when you can't see it. That thick ADX Above
line is sloping UP when there's a short or long trade. Then it's just a question
if the DI or ADX Below is also tracking the ADX Above and turning up above it for
either a long or short, respectively. Of course, all the other rules apply. The thing
about it is that it's sometimes delayed and you might have been able to get in
earlier with the Force Index, but if you have both indicators in unison and all other
rules apply, it's 100% good.

About the principal's office, there's more power in two. So we'll hippity hop over
there together. Here's a chart with one setup, for example. The arrow
points to the entry. You couldn't take that trade any earlier b/c the FI was off.

plethora 

No, no voodoo and not many signals if you're looking for the right thing. On the DMPlus - I find it much easier to see that signal with a very thick line (Size 4) for the ADX Above (green). If that line is not present, for instance it's absent during chop, there is absolutely no valid setup. But you need to make the line wide so you can see it. On the 6S today, that thick green line was absent about 75% of the time-so no trades when you can't see it. That thick ADX Above line is sloping UP when there's a short or long trade. Then it's just a question if the DI or ADX Below is also tracking the ADX Above and turning up above it for either a long or short, respectively. Of course, all the other rules apply. The thing about it is that it's sometimes delayed and you might have been able to get in earlier with the Force Index, but if you have both indicators in unison and all other rules apply, it's 100% good. About the principal's office, there's more power in two. So we'll hippity hop over there together. Here's a chart with one setup, for example. The arrow points to the entry. You couldn't take that trade any earlier b/c the FI was off.

Actually I got a couple more signals then you did. The reason why I went through the entire post last weekend and picked up all additional considerations I could find, is because I wanted to filter the signals of the DMplus Signals indicator. I put in a little time on it a couple of nights ago and added some of those filters. I keep asking the people who trade the system with those phenomenal win rates for their input, because maybe the reason for their success might be identified, (if they are willing to divulge it), and perhaps quantified.

Here is the way the same chart you showed looks with some of the additional rules on the indicator. The dots are the original indicator signals, the triangles are the filtered signals, the letters are the codes identifying which filter negated the original indicator signal. With indicators of this nature the better your filters are, the better signals you will get... If people are willing to share their discretionary filters (voodoo) If people were more willing to share their charts like this, just showing all their trades, with or even without their reasoning, we would all learn enough to be getting 105% win rates

monpere 

The dots are the original indicator signals, the triangles are the filtered signals, the letters are the codes identifying which filter negated the original indicator signal.

Bro, what does this all mean -- the circles and triangles? You have too much going on in your chart. You're making it too difficult.


Plus, how can you read those candles....they're so tiny.

Now I understand: you do have too many signals. Shred.

We need a crossing monitor to stop traffic here and help.

plethora 

Bro, what does this all mean -- the circles and triangles? You have too much going on in your chart. You're making it too difficult. Plus, how can you read those candles....they're so tiny. Now I understand: you do have too many signals. Shred. We need a crossing monitor to stop traffic here and help.

Most people following this thread are familiar with the indicator. It identifies the setup1 and/or setup2 signals long and short with green and purple dots respectively, and identifies the entry price for each signal with the purple or green lines above/below the candles. I squeezed down the chart to capture more candles in the image.

monpere 

Most people following this thread are familiar with the indicator. It identifies the setup1 and/or setup2 signals long and short with green and purple dots respectively, and identifies the entry price for each signal with the purple or green line. I squeezed down the chart to capture more candles in the image.

What is the name of that indicator, please?
You're telling me there's an indicator that identifies whether the trade is Method 1 or 2?
And it signals Long or Short?
And it tells you the entry price?
I want some of that voodoo too? ROFL

Where's the crossing guard?

Are you referring to the automated system?
I haven't even peeked at that thread.
I'm keeping my charts as close as possible to what I imagine Perry's charts look like. I just haven't seen one of his charts in a while and would like to for a reality check.

plethora 

What is the name of that indicator, please? You're telling me there's an indicator that identifies whether the trade is Method 1 or 2? And it signals Long or Short? And it tells you the entry price? I want some of that voodoo too? ROFL Where's the crossing guard? Are you referring to the automated system? I haven't even peeked at that thread. I'm keeping my charts as close as possible to what I imagine Perry's charts look like. I just haven't seen one of his charts in a while and would like to for a reality check.

I hear you See post #821 for the indicator thread.

monpere 

I hear you See post #281 for the indicator thread.

Please check again on post #281. I don't think that's the one you meant.

Where are you monpere? The Europeans are going to have a canary when they awake and see the state of this thread.

No wonder Perry has put us on ignore.

plethora 

Where are you monpere? The Europeans are going to have a canary when they awake and see the state of this thread. No wonder Perry has put us on ignore.

That is post #821

monpere 

Latest version of the indicator is found here Perrys Trading -> Strategy - development DMPlusSignals_v8 for NT7 ONLY Think this one works...at least it has so far this morning. The code needs to be cleaned up a bit but want you all to test it for me before I go to the trouble of doing so. Let me know how it goes. It is a different thread, mainly about the coding of the method. Please, someone show some charts of how they traded a typical day, with some trade rationale thrown in maybe... Show meeeeeeeee the money!

Post #821.

Okay, it's the automated strategy. Why don't you ask the person who developed that system for help. He seems very nice.