0:03 I'm not being lazy. I promise. I I
0:05 didn't want to change the picture from
0:08 last time because I just love the Fap
0:10 Turbo Trading Robot picture so much. I
0:26 It is the John Ellers roofing filter
0:28 indicator. And shout out to John Ellers.
0:31 Um, I knew he was a legend in the space.
0:34 I have enjoyed trading with his
0:36 indicators for a long time, but it
0:38 really took the indicator profile series
0:41 to realize just how many absolute
0:44 bangers this guy put out in his life. He
0:47 is absolutely on the Mount Rushmore of
0:49 technical analysis right next to Dan
0:50 Stone of Stonehill Forex. But we're
0:52 going to get into the roofing filter
0:55 indicator here now. And before we do
0:57 that, just know if you're new, uh, have
0:59 fun. enjoy the video, but you're not
1:00 going to really understand what we're
1:01 doing. You need to go here, nononsense4ex.com,
1:03 nononsense4ex.com,
1:05 read the first page, watch the first
1:08 video, get caught up. It is so worth it.
1:09 And then you can come watch all these
1:11 videos. They will make total sense. But
1:12 for those of you who have already done
1:13 that, let's go ahead and check out the
1:16 specs for the roofing filter. The year
1:18 is going to be 2013. This is going to be
1:20 a confirmation indicator. It's going to
1:23 be a zero cross this time around. And as
1:24 far as exits go, you guys know how we
1:26 feel about zero crosses as exit
1:29 indicators, right? Wrong.
1:32 This actually does make for a pretty
1:36 good option for an exit indicator. How
1:38 can this possibly be? Well, let's go
1:40 ahead and take a look at the original
1:41 version, and you'll see what I'm talking
1:44 about. This is how it comes right out of
1:46 the package. And you can see it's one of
1:48 those two lines cross indicators that
1:51 sticks very close to each other. Now,
1:53 you may not like the exit signals it
1:55 gives you in this example, but that's
1:58 where the tweaks come in. I really,
2:01 really like indicators that do this for
2:03 exit purposes, for a lot of purposes
2:05 really. Problem is, uh, it just didn't
2:09 test as well as it did when we made it a
2:11 zero cross. And that's really the magic
2:12 with a lot of these things because I
2:13 don't know who out there one who out
2:15 there is even putting videos on trading
2:18 indicators like this. But who actually
2:20 takes indicators in their original form
2:22 and then just finds better ways to use
2:24 them? And we have done that many many
2:26 times here on the show. Now, for what
2:28 it's worth, uh the two lines cross
2:31 version didn't test out badly. Um but
2:32 this just tested out way better. And
2:34 we're going to see those results really
2:36 soon. But I need to remind you, it
2:38 doesn't even really matter what you see
2:40 on our testing. It all matters how it
2:44 does in your system. So, you need to be
2:46 doing that immediately after you watch
2:49 this video, Dan's video, and the blog
2:51 post. What am I talking about? Well,
2:53 down below, we have everything for you.
2:54 If you don't know how to test, we have a
2:56 link to my automation blog, which has an
2:57 embedded video showing you how to test
3:00 this yourself on the MT4 strategy
3:03 tester. Is this available on MT5 or
3:05 Trading View? We don't know. Run a
3:06 search. But you're definitely going to
3:08 want to go to the blog because it has
3:10 the tweak settings that I don't show you
3:12 here. And it shows you a lot of other
3:14 things about this indicator as well. The
3:16 history, the math behind it, all sorts
3:18 of good stuff. And if you like my stupid
3:19 jokes at the very top of these videos,
3:21 then Dan usually puts one on the top of
3:23 the blog as well. So, twice the
3:26 excitement. Uh, also he has a YouTube
3:28 channel and he has a supplemental video
3:30 to mine where he shows this indicator
3:32 moving in real time on the one minute
3:33 chart to show you that it doesn't
3:34 repaint. Just so we don't have that
3:36 rando come in, you know, 5 months later
3:38 and say, "This thing repaints." Come on,
3:40 dude. No, it doesn't. Uh, but he does
3:42 also add additional information on his
3:43 video. So, make sure you see that, too.
3:46 Now, if you want to submit an indicator
3:48 for profiling, we have done a handful of
3:49 these in the past. There's a special
3:51 email address where you can go do that.
3:52 Simply mentioning it in the comments
3:54 section is not going to get you there,
3:56 but people who do it properly have a
3:57 much better chance of having their
3:59 indicator profiled. And then don't
4:02 forget the most popular place in all of
4:04 the internet and AI and in the world.
4:05 It's the indicator library where you can
4:07 download the roofing filter and every
4:09 other indicator we have profiled right
4:11 here on the indicator profile series.
4:12 Let's go ahead and take a look at the EuroUSD.
4:14 EuroUSD.
4:17 And this is nice. This is above average.
4:19 That's 7.11%.
4:22 uh a bit low on the signals u but
4:23 actually an improvement from the signals
4:26 it was giving before. So could this be a
4:28 possible secondary confirmation
4:30 indicator for some of you? Yes. Could
4:33 this be a primary confirmation indicator
4:36 for some of you? Yes. But just note the
4:37 lower amount of signals and know that
4:39 those that number of signals is going to
4:41 go down as you add pieces to your ALGO.
4:43 Um but yeah, you got to like that huge
4:45 win percentage here too. There is a lot
4:48 to like. Is there also a lot to like on
4:50 gold? Yes, there is um above average
4:54 numbers here as well. Solid win loss
4:56 ratio, higher on the signals, but
4:59 performing quite well there. Now, as far
5:01 as the S&P 500 goes, this might just be
5:04 the best result of them all. lowass
5:07 signals uh as as it kind of has been
5:10 lately with some of these uh but going
5:14 over the average for the year on the S&P
5:18 500 in one indicator that is tremendous.
5:20 I think those of you who do not trade
5:22 indices are missing a very very big
5:24 opportunity here. Just saying. But let's
5:26 go ahead and finish it off with Bitcoin.
5:29 And I would say probably above average
5:31 too here. Again, you have to note the
5:32 lower amount of signals. It's just going
5:34 to be one of those indicators. But look
5:37 what a little bit of tweaking can do.
5:39 Takes you from negative territory all
5:43 the way up to near 16%. So a big success
5:44 this week as this indicator has
5:47 performed above average all across the
5:51 board. That is not easy to do and could
5:53 also act as an exit indicator. That is a
5:55 big win all across the board. Do you
5:57 like big wins all across the board? I
5:59 do. Like, subscribe, hit the bell. Don't
6:01 miss anything. All we do is win. Here we
6:03 have the trading psychology podcast
6:05 every other week. We have the 10-minute
6:07 contra investing podcast every week. And
6:10 we have all sorts of trading videos all
6:13 over the channel. Do not miss anything.
6:15 Like, subscribe, hit the bell, and go
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