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- fxtrader2k7 replied May 17, 2020
Thanks for clearing this up for me. I was reading the rules as the open of the highest or lowest candle when it should be the candle with the highest or lowest open. I was looking for the highest or lowest candle when I should be looking for the ...
- fxtrader2k7 replied May 16, 2020
Hi Everyone, Special thanks to TooSlow and all the other contributions to this thread. I've been going through all the posting from the first and have loaded up Swingman's indicator and TooSlow's shared template. The attached chart is for last Fri, ...
- fxtrader2k7 replied Mar 22, 2016
Thank you for the explanation. Is it possible to select the method it uses to enter a trade? Is it possible to select the conservative or aggressive method for entry?
- fxtrader2k7 replied Mar 17, 2016
Hi dragonexpert, Thank you very much for the EA. Testing it now and it seems the current profit displayed is out by a factor of 10. Broker shows -$4.88 but EA shows -$53.30 Also, I see EA has a magic nbr in it, will it close only those trades it ...
- fxtrader2k7 replied Feb 14, 2016
Hi tarwada, Enter Short When Price Closes Above 34 SMA add Extra Positions when opposite candle close Exit if Prices Closed Above 34 SMA Shouldn't the entry be "When Price Closes Below 34 SMA"? Thank you for the EA.
- fxtrader2k7 replied Apr 10, 2012
My answer would be similar to @add...easy if you have the patience. I would guess we are probably looking at 2 MA cross-over on daily or higher time-frame. Well have to handle 200+ pip DD, so MM is important. Maybe scaling in your entry and a single ...
- fxtrader2k7 replied Apr 2, 2012
US $ Index — Hi Al, US$ index sitting around 79.00 and have dipped below the up trend line. Do you think this is the signal of the move to 77.50-78.00?
- fxtrader2k7 replied Mar 28, 2012
Thanks Al. That's what I have done. Just wondering if that variable had any bearing on the shape of the lines.
- fxtrader2k7 replied Mar 28, 2012
MTF TMA setting — Hi Al or any of the coders out there, the HalfLength setting of 56 in the TMA represents looking back at the last 56 closed bars, am I correct in this assumption? If that's the case, when you put a H1 & H4 TMA on a M15 chart ...
- fxtrader2k7 replied Mar 27, 2012
I am not talking about martingale or gambling or doubling up. I am justing pointing out a concept that by one name is frown upon and by another name treated as a saviour of a trade in drawdown. Your own argument above in favour of recovery points ...
- fxtrader2k7 replied Mar 26, 2012
Recovery — This is not meant to be argumentitive or disrepectful. A rose by any other name smells the same. Recovery system...price averaging. What's the difference? One and the same? Good money chasing after bad? The setup: Not very busy ...
- fxtrader2k7 replied Mar 23, 2012
The answer is on the next 2 lines...0 for a sell and 1 for a buy
- fxtrader2k7 replied Mar 23, 2012
Very good jnfer. You are just about break-even on the trades for both G/J & E/G. However, you have a big negative swap. Do you plan on trying to recover all or some of that too?
- fxtrader2k7 replied Mar 22, 2012
Worksheet revised to reflect Al's method. It's also my 100 posting...horay
- fxtrader2k7 replied Mar 22, 2012
Hi Steve, You are missing one of the 1 lot level. As I understand the system there are 4 levels not counting your original trade (1-1-2-4) and then you go back to level one and repeat the sequence again if necessary. Also, once you reach level 4 or ...
- fxtrader2k7 replied Mar 22, 2012
[quote=lucatony29;5502110] Now that you are profitable. Have you gain a wife or a girl-friend? LOL
- fxtrader2k7 replied Mar 22, 2012
Recovery Excel Worksheet — Hi Al, Thank you for all your teachings and sharing. This small contribution doesn't even register on the scale compare to what your have given. The sheet is protected to prevent accidental over-writing of the ...
- fxtrader2k7 replied Mar 19, 2012
[quote=bluesteele;5491813]The smartest thing yet said on this thread... My question for Alorente is if you manage accounts as you say would that not make you a commercial member??? quote] It would only make him a commercial ...
- fxtrader2k7 replied Mar 13, 2012
Sorry forgot to add chart[/quote] Hi Seabreeze, Just trying to follow along to learn this system. In your example, I don't see a valid entry according to the rules. If you are using the 6th candle back as your signal candle, it was above the 50 SMA ...
- fxtrader2k7 replied Mar 12, 2012
The 4 hr bars will be different for each broker unless they use the same GMT for their end of day. Most of the brokers located in Europe can be different by 1 or 2 hrs. So, the last completed 4 hour candle of broker A can be a combination of the ...