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FXM and TTM

  • #601
  • Sep 22, 2017 3:05am Sep 22, 2017 3:05am
So far today.Not closed yet

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Don't Buy after a Rally, Don't Sell after a Drop
  • #602
  • Edited 5:59am Sep 22, 2017 4:23am | Edited 5:59am
Quoting rogerha
{quote} You might be right but I have found the difference gets larger over time. Check this out (I can't tell you how quick I had to be to catch that): Live trade at 17:38 local time, price level 100.95631 {image} Same trade 17:52 local, same price level, different P/L {image} I agree the difference in this example is small, but it definitely can be a much wider gap. For it to be spread surely the P/L would have to be calculated on the bid/ask and the candle on the opposite ?
The price level on the offline chart is arbitrary.
The only thing that matters is that the profit in pips in FXM_TTM (which is calculated from MT4 open trades) is equal to the distance between the trade open line and the current price (which is calculated from all pairs current price). As long as they are the same the visual aspect (so in pips & distance) of the chart is in order.
There will always be a small difference due to the slower update of the offline chart.

The other point is adding trades.
The writer has no way to know when you add trades to the profitable ones, it will always perform its calculation using 1 value per pair not 2 or 3.
So the offline chart is going to run out of pace with the profit and/or loss.
The add function was originally only meant for fast (news) basket trades.

I did change the calculations a bit and the trade open line will now be placed at the current price + or - the spread depending on the trade direction so that by using Ctrl+F (crosshairs) it will be clearer.
Will be released after testing.
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I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #603
  • Sep 22, 2017 7:42am Sep 22, 2017 7:42am
Got it, thanks FXM
  • #604
  • Sep 22, 2017 7:53am Sep 22, 2017 7:53am
Quoting Wallaa
So far today.Not closed yet {image}
What kind of time frame are you running for this one?
Everything in the universe is mathematical including fear and greed.
  • #605
  • Sep 22, 2017 8:26am Sep 22, 2017 8:26am
Quoting Wallaa
So far today.Not closed yet {image}
Wallaa what are those purple and blue arrows on your chart? Which indicator is that? Thanks.
Truth is like poetry. And most people f*cking hate poetry.
  • #606
  • Sep 22, 2017 8:46am Sep 22, 2017 8:46am
Quoting bae67
{quote} What kind of time frame are you running for this one?
Bae67
Its H1, True True, M15 Offline
Don't Buy after a Rally, Don't Sell after a Drop
  • #607
  • Sep 22, 2017 8:49am Sep 22, 2017 8:49am
Quoting mrdfx
{quote} Wallaa what are those purple and blue arrows on your chart? Which indicator is that? Thanks.
mrdfx,

Its the Synergy pro PT (Price Trend)

Attached File(s)
File Type: rar Synergy Pro PT.rar   22 KB | 500 downloads
Don't Buy after a Rally, Don't Sell after a Drop
  • #608
  • Sep 22, 2017 8:54am Sep 22, 2017 8:54am
Quoting Wallaa
{quote} Bae67 Its H1, True True, M15 Offline
thanks.
Everything in the universe is mathematical including fear and greed.
  • #609
  • Sep 22, 2017 9:00am Sep 22, 2017 9:00am
Quoting Wallaa
{quote} mrdfx, Its the Synergy pro PT (Price Trend) {file}
Thanks Wallaa.
Truth is like poetry. And most people f*cking hate poetry.
  • #610
  • Sep 22, 2017 1:28pm Sep 22, 2017 1:28pm
Quoting Wallaa
{quote} mrdfx, Its the Synergy pro PT (Price Trend) {file}
Interesting.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #611
  • Sep 22, 2017 1:37pm Sep 22, 2017 1:37pm
Quoting Wallaa
So far today.Not closed yet {image}
Are you using another indicator on this chart to change the candles' color (or are these the actual candles)? I have never seen so many red and green candles following each other in a row.
Everything in the universe is mathematical including fear and greed.
  • #612
  • Edited 8:06pm Sep 22, 2017 2:58pm | Edited 8:06pm
Quoting bae67
{quote} Are you using another indicator on this chart to change the candles' color (or are these the actual candles)? I have never seen so many red and green candles following each other in a row.
Bae67
It's an indicator called "ADX CANDLES". Am not using my PC at the moment. Am using my phone. I have the file on my PC. But am sure you can get it on the FF forum.
Try this link

https://www.forexfactory.com/attachm...6&d=1469328138
Don't Buy after a Rally, Don't Sell after a Drop
  • #613
  • Sep 23, 2017 1:56am Sep 23, 2017 1:56am
Quoting bae67
{quote} Thanks, I will find a way even if it takes me days. Unfortunately, for live accounts I am limited to FinPro or FXChoice, as they are the only two trusted ones that take US persons.
Interactive Brokers offer MT4 too if I'm not mistaken, I would say they are as trusted as they come.
  • #614
  • Sep 23, 2017 2:15am Sep 23, 2017 2:15am
Hi FXM
I am working slowly through the threat, I am nearly 2/3 up to date. I have some questions, hope you can advise:
1. Referring to LO 02:05. Do I need to leave my PC on over night to catch 02:05 pairs? The alternative is if I start my PC 04:00 in the morning, and I run my diff setup with 02:05 in "Lockat selection at GMT" will it auto look in the history to lock the same pairs in?
2. Getting back from work in the afternoon, 16:00, would it be best to change "Lockat selection at GMT" to current time to get the best possible pairs for a current trade, or should I at least -X hours on the "Lockat selection at GMT"? (If need to use X, what is the suggested value for X?)

I am trying to understand how the system work and at this time would like to understand the function and impact of "Lockat selection at GMT".

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  • #615
  • Sep 23, 2017 2:48pm Sep 23, 2017 2:48pm
Quoting Wallaa
{quote} Bae67 It's an indicator called "ADX CANDLES". Am not using my PC at the moment. Am using my phone. I have the file on my PC. But am sure you can get it on the FF forum. Try this link https://www.forexfactory.com/attachm...6&d=1469328138
Thanks for clarification. It somewhat resembles renko candles that's why I was curious. I will read up on it to familiarize myself.
Everything in the universe is mathematical including fear and greed.
  • #616
  • Sep 23, 2017 3:11pm Sep 23, 2017 3:11pm
Quoting cfta
{quote} Interactive Brokers offer MT4 too if I'm not mistaken, I would say they are as trusted as they come.
Interactive Brokers is based in the US which means leverage of 1:50 and FIFO.
Everything in the universe is mathematical including fear and greed.
  • #617
  • Sep 23, 2017 3:24pm Sep 23, 2017 3:24pm
Quoting Braai
Hi FXM I am working slowly through the threat, I am nearly 2/3 up to date. I have some questions, hope you can advise: 1. Referring to LO 02:05. Do I need to leave my PC on over night to catch 02:05 pairs? The alternative is if I start my PC 04:00 in the morning, and I run my diff setup with 02:05 in "Lockat selection at GMT" will it auto look in the history to lock the same pairs in? 2. Getting back from work in the afternoon, 16:00, would it be best to change "Lockat selection at GMT" to current time to get the best possible pairs for a current...
My understanding is that the indicator does not have the ability to look back and find the pairs in the past. I have heard many times that you need to have the PC on. Even FXMadness once said (jokingly) that when he buys a new PC the first thing he does is to glue the on/off switch so the PC always stays on. He thought of himself as a slave owner (the PCs being the slaves).
Everything in the universe is mathematical including fear and greed.
  • #618
  • Sep 24, 2017 4:02am Sep 24, 2017 4:02am
Quoting Braai
Hi FXM I am working slowly through the threat, I am nearly 2/3 up to date. I have some questions, hope you can advise: 1. Referring to LO 02:05. Do I need to leave my PC on over night to catch 02:05 pairs? The alternative is if I start my PC 04:00 in the morning, and I run my diff setup with 02:05 in "Lockat selection at GMT" will it auto look in the history to lock the same pairs in? 2. Getting back from work in the afternoon, 16:00, would it be best to change "Lockat selection at GMT" to current time to get the best possible pairs for a current...
The strategy is based on locking the signals give two hours after TO (not LO) opens so yes, your computer must be on.
If you see a clear trend just after the signals are locked you can probably trade them right away until LO-1 at which point there could be a reversal.
At LO (or just after that) you either see the reversal continue or it could be that the trend from the Asian session continues and in that case you could just re-enter the basket in the Asian session direction.

I have no idea if this works with ccfp but is usually does with my own calculations.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #619
  • Edited 9:57am Sep 24, 2017 4:09am | Edited 9:57am
Quoting bae67
{quote} My understanding is that the indicator does not have the ability to look back and find the pairs in the past. I have heard many times that you need to have the PC on. Even FXMadness once said (jokingly) that when he buys a new PC the first thing he does is to glue the on/off switch so the PC always stays on. He thought of himself as a slave owner (the PCs being the slaves).
Why would you turn your pc ever off ?
I even have UPSes to make sure they never go off.

Those Puerto Rican home traders are going to have withdrawal symptoms.
I can calculate the movement of stars, but not the madness of men. Isaac N.
  • #620
  • Sep 24, 2017 8:38am Sep 24, 2017 8:38am
Hi Bae67 and FXM
Thank you for the response, seems my PC needs to have a job title change... From Pleasure to Slave
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