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More simple is impossible

  • #8,721
  • Apr 20, 2017 2:15am Apr 20, 2017 2:15am
Quoting dee50
{quote} Well done. Bitch of a day for trading so getting clean pips is to be commended. Just 1 word of caution, I have mentioned this before. Beware Divergence on the stochs!!! The Stochs is a Bounded Oscillator between 0-100, the MACD is not bounded. Your second trade you marked a divergence on the stochs when it was maxed out I would not have taken this as divergence unless it showed on the MACD as well, just like your first trade. When the stochs shows a "Very Clear" divergence, take notice, then it will be actionable other wise just use...
Words to live by, thank you Dee, missed that Long off the BRN 11950.0 but here are my trades, done for today lol I notice when I get greedy I lose so my daily target would always hover between 30 - 45 pips

Attached Image (click to enlarge)
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Read in between the price!!!
  • #8,722
  • Edited 4:11am Apr 20, 2017 3:49am | Edited 4:11am
New Trade Manager with Breakeven Button built in. I have wanted to have the facility of moving to BE when I wanted to, thanks to "futurespec" I now have that function available to work with the TM.
Why would I want it when there is a BE function already in the TM, Greater Flexibility, More Control or I just wanted a Button to Press.
Use your current SET file if you have been using MilaneseAPTM_218. If you Double Click the Button, before you activate a trade, you can move it to where you want, just remember to unclick it other wise if you delete something else on the chart you will delete the button as well.
Be aware, if you have adjusted your TP from the default of your TM and you then move to BE using the Button it resets your TP back to default.
If you have multiple trades running it will only move sl to BE on those trades that are in positive territory. And it does not work trades with Magic Numbers.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30M3 new TM.png Size: 44 KB
Attached File(s)
File Type: mq4 milaneseAPTM_218BEBuuttonMod.mq4   67 KB | 341 downloads
File Type: ex4 milaneseAPTM_218BEBuuttonMod.ex4   90 KB | 338 downloads
Cut your Losers short and let your Winners run.
  • #8,723
  • Apr 20, 2017 3:58am Apr 20, 2017 3:58am
GER30 +1+28. First trade price did not move enough to activate the BE set into the TM so when I realized that it was coming back at my entry I used the BE Button to activate the BE to protect me. 2nd go price kissed my TP twice so i closed manually. Other trades this morning but I will let some one else show us theirs.
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +1+28 200417.png Size: 42 KB
Cut your Losers short and let your Winners run.
  • #8,724
  • Apr 20, 2017 4:10am Apr 20, 2017 4:10am
Quoting calebfx
{quote} Words to live by, thank you Dee, missed that Long off the BRN 11950.0 but here are my trades, done for today lol I notice when I get greedy I lose so my daily target would always hover between 30 - 45 pips {image}
Forgot to say. If you set the Stochastic Fixed Minimum to -10 and the Fixed Maximum to 110 you will see the turns when it Maxes out much clearer, just look at my chart to see.
Cut your Losers short and let your Winners run.
  • #8,725
  • Apr 20, 2017 4:51am Apr 20, 2017 4:51am
Quoting dee50
{quote} Forgot to say. If you set the Stochastic Fixed Minimum to -10 and the Fixed Maximum to 110 you will see the turns when it Maxes out much clearer, just look at my chart to see.
My oh my, can't believe you gave that free of charge lol, I do see what you mean, thanks a bunch
Read in between the price!!!
  • #8,726
  • Apr 20, 2017 8:09am Apr 20, 2017 8:09am
GER30+10x5. US30+35+13+10. All you can do is wait. The Americans needed a few coffees before they realised they were at work so it took a while before any thing happened. After sitting around for hours I jumped the gun a bit on the DAX trade I was waiting for the BPC but I entered late on the breakout rather than early on the pullback continuation. Last time I checked I was only human.
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Click to Enlarge Name: GER30+10x5 US30+35+13+10 200417.png Size: 43 KB
Cut your Losers short and let your Winners run.
  • #8,727
  • Apr 20, 2017 8:53am Apr 20, 2017 8:53am
GER30+10x8. Just trying out another Breakeven Button. This one is a script so is stand alone, exactly what I was thinking about before. it is great now we have multiple choice Breakevens. This one with my broker needs to be set to 10 for BE+1pip. This is the four on the top left of the chart.
Attached File(s)
File Type: ex4 BE Button.ex4   40 KB | 331 downloads
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+10x8 200417.png Size: 45 KB
Cut your Losers short and let your Winners run.
  • #8,728
  • Apr 21, 2017 12:57am Apr 21, 2017 12:57am
GER30 +25+16. Points on the board. 1st trade was a bit speculative but the 123 gave confirmation. Had to close manually as priced kissed and ran away. Not sure what the rest of the day will bring, probably a long slow drag because of the French elections this weekend. Why do people bother with elections, year after year decade after decade century after century people elect people to govern over them and every time they get screwed because we are not electing people to govern for us, but over us, and the elected people have their own agendas and their own ideas of what is good for us, when will we learn!!
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +25+16 210417.png Size: 46 KB
Cut your Losers short and let your Winners run.
  • #8,729
  • Apr 21, 2017 1:57am Apr 21, 2017 1:57am
GER30 +21+5 My entries are a little bit off, I keep taking heat, only 5-6 pips but perhaps Im a bit anxious. Again TP kissed and not taken so I closed manually, objective is pips on the board so I am not leaving it to chance. Looks like we are going to range inside the opening range, that has been par for the course over the last few days. I will leave it alone until the Americans come on board later and see if we get a bit of direction or I might just scalp for 5 -10 pips inside the range.
Just out of curiosity is no one else pressing button today?
Attached Image (click to enlarge)
Click to Enlarge Name: GER30 +21+5 210417.png Size: 44 KB
Cut your Losers short and let your Winners run.
  • #8,730
  • Apr 21, 2017 2:08am Apr 21, 2017 2:08am
Quoting dee50
GER30 +21+5 My entries are a little bit off, I keep taking heat, only 5-6 pips but perhaps Im a bit anxious. Again TP kissed and not taken so I closed manually, objective is pips on the board so I am not leaving it to chance. Looks like we are going to range inside the opening range, that has been par for the course over the last few days. I will leave it alone until the Americans come on board later and see if we get a bit of direction or I might just scalp for 5 -10 pips inside the range. Just out of curiosity is no one else pressing button today?...
Great analysis .

It seems, that after few weeks without pressing I chose exactly a day which is predetermined to give you MC if you are not cautios more then another days. I have BE+2 today only, but be honestly, it cost me only 3 or 4 minutes of my time . We will see what happen next, wish you luck Dee and all of you who keep trading as well today
  • #8,731
  • Apr 21, 2017 2:17am Apr 21, 2017 2:17am
Quoting dee50
GER30 +21+5 My entries are a little bit off, I keep taking heat, only 5-6 pips but perhaps Im a bit anxious. Again TP kissed and not taken so I closed manually, objective is pips on the board so I am not leaving it to chance. Looks like we are going to range inside the opening range, that has been par for the course over the last few days. I will leave it alone until the Americans come on board later and see if we get a bit of direction or I might just scalp for 5 -10 pips inside the range. Just out of curiosity is no one else pressing button today?...
For your curiosity. I don't trade on Fridays. 1st reason is most of fridays my performance is really weak due to small range and choppy nature of Fridays. 2nd reason is I like the idea of long weekend. Basicaly 4 days (mornings) of trading and 3 days of rest. It's fine with me.

The first short would be one of my choices as well if I traded today. Same as your second long. Managing the trades would be different but that's the way it is.

Overall nice clean job of you. I suppose the second short was after PB and it just shows before it coz of nature of MT4.

Quoting Matomi
{quote} Great analysis . It seems, that after few weeks without pressing I chose exactly a day which is predetermined to give you MC if you are not cautios more then another days. I have BE+2 today only, but be honestly, it cost me only 3 or 4 minutes of my time . We will see what happen next, wish you luck Dee and all of you who keep trading as well today
Yep, you choose Friday. One must be aware of that day.

Have a nice weekend guys.
  • #8,732
  • Edited 3:03am Apr 21, 2017 2:20am | Edited 3:03am
Look Left. The value of Looking Left can not be understated. Not just for potential TPs, but prior to entering a trade.
Attached Image (click to enlarge)
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This is what happened later, good job I didnīt take that entry.
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Cut your Losers short and let your Winners run.
  • #8,733
  • Apr 21, 2017 2:32am Apr 21, 2017 2:32am
[quote=nuckern;9780706]{quote} . Overall nice clean job of you. I suppose the second short was after PB and it just shows before it coz of nature of MT4.

No, I screwed up, the second entry short should have been earlier, to be fair the MACD was showing momentum down and the HTF Stochs and MACD was the same and I had room to get to BE before the bottom of the opening range, and the congestion area to the left, so it was a calculated risk.
Cut your Losers short and let your Winners run.
  • #8,734
  • Apr 21, 2017 3:00am Apr 21, 2017 3:00am
...I also pressed the button, so far twice today. 1st BE and 2nd +5.

Regards!
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  • #8,735
  • Apr 21, 2017 4:01am Apr 21, 2017 4:01am
Quoting dee50
Look Left. The value of Looking Left can not be understated. Not just for potential TPs, but prior to entering a trade. {image} This is what happened later, good job I didnt take that entry. {image}
Hi Dee,
Seeing your chart, I am afraid they are not the same of mine
Are you still using 3 bricks renko?
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Thank you, ciao
Alberto
  • #8,736
  • Apr 21, 2017 4:03am Apr 21, 2017 4:03am
To God be the glory

Attached Image (click to enlarge)
Click to Enlarge Name: GER30M3today.png Size: 39 KB
Read in between the price!!!
  • #8,737
  • Apr 21, 2017 4:30am Apr 21, 2017 4:30am
Quoting Eldero
{quote} Hi Dee, Seeing your chart, I am afraid they are not the same of mine Are you still using 3 bricks renko? {image} Thank you, ciao Alberto
No. I am trading using a Rangebar chart. By the look of your chart you are using an old template. Try this one for a 5 pip RENKO Bar you will need the following indicators, They should be in the

BTW. well caught on that long breakout, I missed it and could not find an entry.
Attached Image
Attached File(s)
File Type: tpl RENKO RANGE.tpl   17 KB | 402 downloads
Cut your Losers short and let your Winners run.
  • #8,738
  • Apr 21, 2017 5:30am Apr 21, 2017 5:30am
GER30 +16
Attached Image (click to enlarge)
Click to Enlarge Name: GER30+16 210417.png Size: 44 KB
Cut your Losers short and let your Winners run.
  • #8,739
  • Apr 21, 2017 5:36am Apr 21, 2017 5:36am
Quoting Pealik
...I also pressed the button, so far twice today. 1st BE and 2nd +5. Regards! {image}
Donīt know if you are aware but the TDI is going to give you a lot of false signals on the M1 chart, even the 5 min is dubious. 15min - 1hr combination works well and would give you 3 - 4 reasonably good signals a session
Cut your Losers short and let your Winners run.
  • #8,740
  • Apr 21, 2017 5:53am Apr 21, 2017 5:53am
Quoting dee50
{quote} Dont know if you are aware but the TDI is going to give you a lot of false signals on the M1 chart, even the 5 min is dubious. 15min - 1hr combination works well and would give you 3 - 4 reasonably good signals a session
Hi Dee,

Thanks for the info and yes, I'm aware of these false signals. My decisions are based mainly on the PA.

Regards!
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