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Ehlers Trading System

Posted: Mon Jun 10, 2019 7:39 pm
by Skyold
Hello Forex station members,

Ionone has released an excellent indicator: 'Ehler's Optimal Tracking Filter' and FBI has encouraged me to start this new thread (thank you).
Jimmy, FBI and wFish have presented great charts with these Indi with different settings. I'm excited.
Then I asked wFish for the parameters and kindly he gave me the settings (came with a black eye)
I think not only me but many things are like this:
It's about developing a simple trading technique with a clear chart, learning to refine it and making a profit.
Since I am not a professional, I would like to encourage the community to develop these systems together:
'A single man (amateur) can build a house in 3-5 years and suffer many many failures, but if 10 men are involved and profis are among them, the house will be ready in 3 months'

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 7:44 pm
by Skyold
This is my chart with the Indis

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 7:51 pm
by Skyold

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 7:57 pm
by Skyold
The settings for EOTF are: 3, 13, 32, 96
3 (yellow) is signal line and the others are for the trend. We trade only in the direction of the main trend.

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 8:10 pm
by Skyold
this trade has made a profit

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 8:15 pm
by Skyold
and this trade has lost.
Here it should be noted that at Fibo-Pivot the 0.382 was reached.

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 8:19 pm
by Skyold
Dear community, dear expersts,

as you have seen, there are different approaches to entering a trade and getting out of a trade.
And that's where I see the main problems that have to be solved together.

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 8:33 pm
by vvFish
Skyold wrote: Mon Jun 10, 2019 7:39 pm Hello Forex station members,

Ionone has released an excellent indicator: 'Ehler's Optimal Tracking Filter' and FBI has encouraged me to start this new thread (thank you).
Jimmy, FBI and wFish have presented great charts with these Indi with different settings. I'm excited.
Then I asked wFish for the parameters and kindly he gave me the settings (came with a black eye)
I think not only me but many things are like this:
It's about developing a simple trading technique with a clear chart, learning to refine it and making a profit.
Since I am not a professional, I would like to encourage the community to develop these systems together:
'A single man (amateur) can build a house in 3-5 years and suffer many many failures, but if 10 men are involved and profis are among them, the house will be ready in 3 months'

Ehlers Optimal Tracking Filter.mq4
vvFish has no black eye :think: :shock: :lol:

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 8:46 pm
by FBI
Since you are trading in M1 charts, you could try 5 and 30, then it is like M5 and M30, and maybe 240 for bigger trend, that is like H4. Just a thought, how would that look.

Re: Ehlers Trading System

Posted: Mon Jun 10, 2019 8:54 pm
by Skyold
vvFish wrote: Mon Jun 10, 2019 8:33 pm
vvFish has no black eye :think: :shock: :lol:
but me, after I introduced you to my settings for the EOTF.
But as I said, I only got away with a black eye. You knock me out :oops: