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- GiantGonads replied Jan 25, 2018
I think a very useful feature would be to have a button that does the following: - Sets EA close out all open trades for small profit / break even and then not to take any new trades. This will be very useful for when you want to turn off the EA ...
- GiantGonads replied Jan 24, 2018
The problem with this is that you almost definitely be left with a negative open position at the end of your trading session which will then get automatically closed off for a loss.
- GiantGonads replied Jan 24, 2018
Yes thanks, I am aware of that, but I am not sure if the EA actually works when that is changed. I have asked but never got a response.
- GiantGonads replied Jan 24, 2018
Why I am asking about a Long or Short Only button is when it gets to the reversal areas I dont want some trades left abandoned at the top or bottom So now on this down move I have two sell trades at the bottom when I would have liked the EA to only ...
- GiantGonads replied Jan 24, 2018
Yes you actually want it to do some drawdown as thats when it makes money. Could I put in two requests please: Button on the chart for the following: Close all trades Long Only Short Only Thanks
- GiantGonads replied Jan 24, 2018
Once EURGBP broke out the range, I turned the EA off and then turned it back on again when it got to my reversal zones. So I suffered a drawdown but it wasnt too much and then got back in the right area for the reversal. Turned it back on in the 1st ...
- GiantGonads replied Jan 24, 2018
This is an interesting idea. Could you diagram how this would work? Would you select two pairs that are highly positively or negatively correlated?
- GiantGonads replied Jan 23, 2018
Risk is coming into the market. GC going up, Yen going up. Cant be selling EUR at the moment
- GiantGonads replied Jan 23, 2018
See selling came in 22720 area However the main turning point if it gets there will be 22950
- GiantGonads replied Jan 23, 2018
At the moment the Pension funds are not participating in this up move. Also very little buying deltas. Tomorrow some negative EUR numbers forecast. Watch 122700 and then 122820 for reversals.
- GiantGonads replied Jan 23, 2018
How do you like that boyos? image
- GiantGonads replied Jan 23, 2018
So it found buyers at the 200 extension and broke above the previous pivot. The 1st profit target will be the 1st blue box and the second PT at the second box. See how price retraced back to the 150 (pink line). This is how market structure works. ...
- GiantGonads replied Jan 23, 2018
It really depends on on price approachs that area. But you will get a reaction there whether its longs liquidating or a short covering rally or a reversal point price will bounce. Just depends on how much. Right now it looks like its going to take ...
- GiantGonads replied Jan 22, 2018
See where EURGBP turned too the tick.... image
- GiantGonads replied Jan 22, 2018
See everyone is going to be having a nice drawdown on EURGBP, its broken out the range, Next buying spot in the 1st green box area. image
- GiantGonads replied Jan 22, 2018
Did you have a chance to look into the method I suggested? As the market is fractal in nature you can do this on lower timeframes ie Find the fractal high low, look for the 150%, 200% extensions etc. One other question, will the EA still work if I ...
- GiantGonads replied Jan 22, 2018
Ah yeah. Mark up your high volume nodes on the charts and see what they did with the volume. Price will react at these points. The buyers where successful when they bought here. They will buy it again.
- GiantGonads replied Jan 22, 2018
I like 1.2237-35 Should get a reaction there
- GiantGonads replied Jan 21, 2018
Some more examples image image image image
- GiantGonads replied Jan 21, 2018
Hi Pipbeast I think if you can make the following changes to the EA it will avoid taking excessive trades once it breaks out of a range and will only look to trade again in specific areas where the reversals are most likely to happen. I know there ...