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Murrey Math and Quantum Method

  • #1,041
  • May 29, 2017 2:55am May 29, 2017 2:55am
Quoting Masterrmind
{quote} The rest of what? How many charts were you expecting? MN down to M1 on MT4 is 9 charts. Please elaborate if you wish. Masterrmind.........
Sorry for my poor grammar, I meant the M W D match but the 4hr down to 1 min differ
  • #1,042
  • May 29, 2017 3:01am May 29, 2017 3:01am
Quoting OAPDave
{quote} Sorry for my poor grammar, I meant the M W D match but the 4hr down to 1 min differ
Yes ok got you.

Might pay to check the calculations in the code of both indicators.

Is the mq4 file available for the indi you use?

Masterrmind........
Master your Mind then Master your Trades
  • #1,043
  • May 29, 2017 3:23am May 29, 2017 3:23am
The same broker should ideally be used to test both indicators.

This is because not all H4 broker candles paint the same.

I used Pepperstone for your information.

Masterrmind.....
Master your Mind then Master your Trades
  • #1,044
  • May 29, 2017 3:35am May 29, 2017 3:35am
Quoting Masterrmind
{quote} Yes ok got you. Might pay to check the calculations in the code of both indicators. Is the mq4 file available for the indi you use? Masterrmind........
Yes, I downloaded it as a mq4 file, sent a link to a guy in post 1014, the reason I have set mine up the way I have is that when I had the official Murrey End of Day software they both matched this way, having never seen a live intra day Murrey , i was not sure what to set each timeframe too, so just kept playing around until i got something that looked tradeable now I had the thought of just leaving the 64 fixed and changing timeframes letting Xards777 do the rest and more than happy with what I am seeing.
  • #1,045
  • May 29, 2017 3:51am May 29, 2017 3:51am
Quoting OAPDave
{quote} Yes, I downloaded it as a mq4 file, sent a link to a guy in post 1014, the reason I have set mine up the way I have is that when I had the official Murrey End of Day software they both matched this way, having never seen a live intra day Murrey , i was not sure what to set each timeframe too, so just kept playing around until i got something that looked tradeable now I had the thought of just leaving the 64 fixed and changing timeframes letting Xards777 do the rest and more than happy with what I am seeing.
Yes once something is producing favorable results then its usually best not to change it.

My initial guess though is that both indicators apply the same formula since it is very very simple.

I would simply use the indicator but also plot out the D1 with 64 periods to get a feel for the general trading frame domain and mark out the highs and lows.

Masterrmind......
Master your Mind then Master your Trades
  • #1,046
  • May 29, 2017 4:13am May 29, 2017 4:13am
Quoting Masterrmind
{quote} Yes once something is producing favorable results then its usually best not to change it. My initial guess though is that both indicators apply the same formula since it is very very simple. I would simply use the indicator but also plot out the D1 with 64 periods to get a feel for the general trading frame domain and mark out the highs and lows. Masterrmind......
I guess it was salesman talk but to be fair to Murrey he would not sell me is intra day software as it was being Beta testing and they were finding to many bugs but he did say that the ones out there were wrong, as far as I am aware it never got released, anyway here is a 15min and 1 min view of your pair as I have them set
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURAUDSBM15.png Size: 74 KB
Click to Enlarge Name: EURAUDSBM1.png Size: 76 KB
  • #1,047
  • May 29, 2017 5:17am May 29, 2017 5:17am
Quoting OAPDave
{quote} I guess it was salesman talk but to be fair to Murrey he would not sell me is intra day software as it was being Beta testing and they were finding to many bugs but he did say that the ones out there were wrong, as far as I am aware it never got released, anyway here is a 15min and 1 min view of your pair as I have them set {image} {image}
Looks good for the short side but as always the journey taken by price is rarely in a straight line so looking for some minor pullbacks but a continuation to the downside.

Lets see.

Masterrmind.......
Master your Mind then Master your Trades
  • #1,048
  • May 29, 2017 5:19am May 29, 2017 5:19am
My future posts will now be numbered in this thread since the participation is woeful.

Best of trading to all concerned.

Masterrmind.........
Master your Mind then Master your Trades
  • #1,049
  • May 29, 2017 5:31am May 29, 2017 5:31am
Quoting Masterrmind
My future posts will now be numbered in this thread since the participation is woeful. Best of trading to all concerned. Masterrmind.........
Agreed but it will be a sad loss for me as you are my Murrey Mate haha not the sweets named Murrey Mints
  • #1,050
  • May 29, 2017 5:42am May 29, 2017 5:42am
Quoting OAPDave
{quote} Agreed but it will be a sad loss for me as you are my Murrey Mate haha not the sweets named Murrey Mints
Ha ha....

Lets see what the future brings shall we.

ps. 1 more short added to the EA pair.

Masterrmind.......
Master your Mind then Master your Trades
  • #1,051
  • May 29, 2017 5:49am May 29, 2017 5:49am
Quoting Masterrmind
{quote} Ha ha.... Lets see what the future brings shall we. ps. 1 more short added to the EA pair. Masterrmind.......
Must admit to warming to the 2up 2down method, been looking at more of his stuff over the weekend and to be honest cannot fault it, just have to be mindful how each broker treats Sunday
  • #1,052
  • May 29, 2017 6:35am May 29, 2017 6:35am
Quoting Masterrmind
{quote} My thoughts exactly. I will get started very soon. Masterrmind.........
Thought about re-entering on my pair, but sods law this happened whilst I was thinking (off a 60min) only scalping in same direction as Daily
Attached Image (click to enlarge)
Click to Enlarge Name: EURNZDSBH1.png Size: 49 KB
  • #1,053
  • May 29, 2017 6:38am May 29, 2017 6:38am
Quoting OAPDave
{quote} Must admit to warming to the 2up 2down method, been looking at more of his stuff over the weekend and to be honest cannot fault it, just have to be mindful how each broker treats Sunday
At worst a longer term choppy market will start eating into your account but once that trend continues the gains are phenomenal.

Only need to get into a few of these type setups a week and the outlook is great.

Masterrmind........
Master your Mind then Master your Trades
  • #1,054
  • May 29, 2017 6:40am May 29, 2017 6:40am
Quoting OAPDave
{quote} Thought about re-entering on my pair, but sods law this happened whilst I was thinking (off a 60min) only scalping in same direction as Daily {image}
I was wondering if you were going to short it again.

I thought about it myself but went for EURAUD instead.

Masterrmind.........
Master your Mind then Master your Trades
  • #1,055
  • May 30, 2017 1:38am May 30, 2017 1:38am
EA - update shown on H1 Chart

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB


About 100 pips a piece for each trade now.

SL locked in to protect trades and just above the 6/8 MML.

Masterrmind............
Master your Mind then Master your Trades
  • #1,056
  • May 30, 2017 2:29am May 30, 2017 2:29am
Quoting Masterrmind
EA - update shown on H1 Chart {image} About 100 pips a piece for each trade now. SL locked in to protect trades and just above the 6/8 MML. Masterrmind............
Good stuff my Murrey Mate, as you can see by my chart I seem to have half the size of your octaves, I am not going to post anymore Murrey Charts because the thread seems dead, just looking to trade with the cluster method, hope we can stay in touch some way
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDSBH1.png Size: 89 KB
  • #1,057
  • May 30, 2017 2:35am May 30, 2017 2:35am
Quoting Masterrmind
EA - update shown on H1 Chart {image} About 100 pips a piece for each trade now. SL locked in to protect trades and just above the 6/8 MML. Masterrmind............
EA

+51.6 pips
+59.6 pips

Both trades closed out now via forced tightening of my stops.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 52 KB


With a nasty pullback to the upside like what just occurred it left me little choice but to reduce my trailing stops rather quickly.

I may seek another short entry into this pair.

Masterrmind.........
Master your Mind then Master your Trades
  • #1,058
  • May 30, 2017 2:39am May 30, 2017 2:39am
Quoting OAPDave
{quote} Good stuff my Murrey Mate, as you can see by my chart I seem to have half the size of your octaves, I am not going to post anymore Murrey Charts because the thread seems dead, just looking to trade with the cluster method, hope we can stay in touch some way {image}
Simply check my profile and all will be revealed.

That's me done here.

All the best.

Masterrmind..........
Master your Mind then Master your Trades
  • #1,059
  • May 30, 2017 9:03am May 30, 2017 9:03am
Quoting Masterrmind
{quote} Its been posted in the thread several pages back. If you click on the paperclip icon top right of page you will find it in the list. Masterrmind........
Thanks Mastermind

i found the dashboard but it showed me all 0.0000 price

any idea why?
  • #1,060
  • May 30, 2017 10:31am May 30, 2017 10:31am
Quoting tanwt
{quote} Thanks Mastermind i found the dashboard but it showed me all 0.0000 price any idea why?
Reload it again.

Then with it attached to a chart click through each of the different time periods and then back to the TF you want.

It should then reset and show current prices.

You might only need to go to 1 other TF and then back to your preferred TF.

Let me know how you get on.

ps. mql4 is not a very stable programming language and with all the never ending updates its a wonder any coder bothers with it at all....something to do with traders popularity I believe...haha.

Masterrmind........
Master your Mind then Master your Trades
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