mighty sanefx

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Christiaan

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sanefx

Hey guys

I want to show to you what happens with sanefx right after the london market opens which is 7am gmt time if i'm not mistaken.It really easy green you buy red you sell.I've marked the 7am gmt time with a horizontal line.You should note that at price levels where the indicator is subject to change it might switch back and fortth between red and green.Once the candle closed it leaves a pernament mark so there is no nasty suprises.Ofcourse if the candles swicth to green from red and continues a couple of pips with enough momentum you might want to exit the trade.Having siad that in the case of the 5m frame maybe you should wiat 5m.

I've already traded these days with another system and i've been fairly successfull with it.enjoy
 

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How much is it for your magic green and red Indicator, I'm very interested.
 
can't remember i thinks it's 97 $ or something like that.You might want to google it cause there is a ton of reviews on it.See what other people have to say about.
 
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SaneFX is nothing but a no-lag moving average, which if available for free throughout the internet, however I think it is worth the purchase, since vendor provides you with great information how to apply this indicator properly and about trading in general.

Regards
 
I'm not so sure.I think there is a little more to it than that.I'm not a math wiz but this system get's rather good reviews.Though in a sideways market it does not do great but what system does.You should note that my three charts they are three days in a row.If you might consider buying it but you're not sure take 5 minutes there is a lot of reviews on this system.And they all say one thing it works...
 
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ag please if all it is,is a worthless moving average you can get for free anywhere and it is as obvios as daylight then why did none of the traders who tested it temselves not mention anything in their reviews.You've seen what 3 snapshots.You're not really in a position to judge anything if you have'nt even tested in yourselves.
 
author's reply

hey guys

Since i've posted my tread on sanefx people have been saying it's nothing more than a non-lag moving average.I've never heard of such a thing so i did learn something new.Anyway i'm no math wiz so i thought i'd asked the author if there is any truth to it and this is his reply.

''Hi

Well, I suppose you could call it that!

However, it incorporates six moving averages plus some other stuff''

I tell you what if there is any intrest i can post charts on sanefx right after the london market opens from monday to friday.I wish i could trade it live but i'm trading a diffrent system live.The orginal tread has three charts from last week but i'll post all five of them next week.

thank you
 
OK so post it next week along with your entry AND exit rules. Moving averages can be of some use but just to buy on green and sell on red is simplistic nonsense. Anyone who tells you that will work over time is lying to you. Like everything it will work some if the time but so will tossing a coin or letting a monkey hit buy or sell.
 
Re: author's reply

pboyles said:
That says it all, and still people will fall for this nonsense.
Click to expand...

actally i've just started trading fxsmooth live.Another simplistic system that rubs people the wrong way.After 4 trades on the 5m frame i'm 71 pips in the green.i'll need about 6 consective losing trades to breakeven.You should note that if you google sanefx you'll find about 7 or 8 good reviews on the system on the first page.
 
Re: author's reply

Christiaan said:
actally i've just started trading fxsmooth live.Another simplistic system that rubs people the wrong way.After 4 trades on the 5m frame i'm 71 pips in the green.i'll need about 6 consective losing trades to breakeven.You should note that if you google sanefx you'll find about 7 or 8 good reviews on the system on the first page.
Click to expand...

Sane FX works pretty well. The author also publishes indicators for oil, gold and the DOW. I have used all three of these indicators. He has recently combined the last three into a new package called Rich Lazy Trader. The results are great if you stick to the program, which is utilization of the indicators on a daily timeframe. Here are my current open trades:

Dow: up 548 points over 17 days
Oil: up 166 points over 11 days
Gold: up 1078 points over 46 days

GBP/CAD: up 109 pips over 3 days
EUR/AUD: up 56 pips over 3 days
USD/JPY: up 42 pips over 3 days
GBP/NZD: up 28 pips over 3 days

As I said before, these trades are all still active. And the beauty of the daily strategy is that it takes me less than ten minutes to check each day, then I have the rest of my day to do whatever I want.
 
Hello All

Christiaan, there is no reason to get upset, TCCI indicator is based on no-lag moving average, perhaps with few extra parameters, but so what, they are both good indicators, If you set them properly they do not (or rarely repaint), In fact one of the systems I trade is heavily based on SaneFX system with a few filters I added, On 15 min charts it averages 300-400 pips per month, nothing to complain about. There was this big discussion on some other forum that I read (can't remember which one now) whether or not TCCI is a variation of a Non-lag moving average and whether it repaints or not, they all came to the conclusion if you change colorbarback setting to zero both non lag-moving average and TCCI do not repaint which makes them both good indicators, majority of the participants in the discussion thought the two are basically the same
 
it does not really matter...the author however disputes the fact that it's nothing more than a single moving average.He says it's based on 6 moving averages not one and some other stuff as well.You give me a non-lag moving average i will compare them myself and post the charts.
 
Christiaan said:
it does not really matter...the author however disputes the fact that it's nothing more than a single moving average.He says it's based on 6 moving averages not one and some other stuff as well.You give me a non-lag moving average i will compare them myself and post the charts.
Click to expand...

2 minutes work got me to here, its not quite right. especially at the swing high. Got to go now but will play with the settings later and see if I can get it exact.

The candle colours are just a setting in MT4, bull candle is set to green, bear candle set to red. Simple.
 

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