Trader Dale - daily trading levels

Hi Alex,

Instead off my 'rule 1' in #Post 8265 it is probably easier and better to take renda1234's rule in #Post 8637 'Move TakeProfit to BreakEven when two 5m candles close in negative territory.

My rule1 leads to unwanted results, it is not good enough defined.

Cheers.

Many have settled on their own MP but the ones in the thread are good enough. the volume profile, the one on the right looks good that Rudy posted a few days ago. Best trial in demo to get a flavour before live. Best of luck.

EU short 1.1778
UC long 1.2715
AU short 0.7880
UJ long 110.62

We had good sport here recently. Right?

Hello guys, I got pretty funny trades today.
I wrote about it a short article here: http://www.trader-dale.com/recent-forex-trades/ (http://www.trader-dale.com/recent-forex-trades/)
Happy trading!

UJ long 109.53
GU short 1.2924

Strong trend day yesterday on the majors. I will be looking for volume clusters today.

UC short 1.2646

EU long 1.1677

EU short 1.1757
UC short (in this area again) 1.2643

Hi Everyone,

I made a new Release V1.34 of my EA for trading Dales or your own levels

See post 1 (https://www.forexfactory.com/showthread.php?t=685378) of my thread for this EA for the latest Version.

It's advisable to switch to this last version.

Solved issues and Changes:
• Managed Trades "at the moment" not shown in chart if RedNewsFilter = off
-Now it is showed as we would expect.
• Max. possible managed trades always seen as 2.
-Now it takes the input setting “Max. controlled trades at one time” as we would expect.
• First we updated our "instrument" OHLC off every pair ones an Hour independent if it was Monitored or not
-I find out it does not take that much time to do it every Tick. That means our update time at INIT could be quicker. Now the EA is updating at every Tick. Which means we always have the last possible value on-board.
• Only in Initialization: If price came in tested level by a big move (bigger then Discard Level). Level could be seen as Tested instead of just Testing. (In live trading there the behavior was correct)
-I solved this behavior… in this case the level is showed as testing instead of already tested.
• Shown settings on Chart: RedNewsFilter and Debugging moved from top to bottom on chart
• Changed Buttons from Right-Upper-Corner to Right-Lower_Corner
• Wrong logging if trade was not triggered in case of controlled trades reached. it logs EA did not trade because of RedNews Windows was active
-Changed the logging message

I hope this EA can help you with Green pips

If you have any questions, please let me know!

Best regards

Hi guys,

i am new and now in process studying...i have question please. I use futures data ninjatrader and sell zone at 6E (eurusd) is 1.1797 and my forex broker ICM shows me high at 1.1789 how can i calculate levels from futures to trade forex when is distance 8 pips? Thanks for explain. In MT i use markt profile from this thread, in detais can i use volume profile - true or false?

Its not an exact science. Best way is to get the two charts side by side and then read the level across. Usually your broker will have a very similar, if not, exact volume profile at the futures level.

audcad was a small los for me.it closed trade after 55 mins.

EU short 1.1757
AU short 0.7939
UC long 1.2628

Hope you all had a successful week. found an update volume profile: https://www.mql5.com/ru/code/15445

There is a Metatrader 5 to.

this one has import feature - time shift.
so all of us could see one profile.

Finally after 6 months doing research, I finish my custom indicator. It should be noted here:
1. This is not a holy grail indicator.
2. This indicator is time-bound, and will be extended after expiration (unless it has been decompiled, but does not matter)
3. I will not explain how or where this indicator is positioned. However, when I see a signal I will share where the indicator is placed.
4. When you have positioned the indicator, there will be one short level and one long level. My suggestion when one level has been triggered, cancel another level.
5. Please experiment on your own, do not make this as the main tool.
6. This indicator is a prediction, and a level chosen based on the past.
7. Difficulty using this indicator, determining most precisely where indicator should be placed.
8. TF M30, H1, H4. However, the observations were based on TF H1.
9. Do not forget to use EA from Sevan, HappyMe, or Januszo.
10. Remember this indicator is made by very ..... very .... amateur, beginner in trading.


Example nice prediction on AU short 0.7939

for comparsion
edit: there were many tested levels.

NU, take the touched first. Long 0.7295 or Short 0.7344. Indi position 2017.08.18, 16.00 GMT +3