Ca-ching!
Trading is as simple as 1-2-3
Hi all,
looks like there is some genuine interest in this indi so here is v1.3.
There is no error checking on the lookBack number. Make sure there are twice as many bars looking back for the timeframe. Example on H1, 24 bars per day, lookBack=48. Need some more debuging but seems to be working OK.
Cheers.
looks like there is some genuine interest in this indi so here is v1.3.
There is no error checking on the lookBack number. Make sure there are twice as many bars looking back for the timeframe. Example on H1, 24 bars per day, lookBack=48. Need some more debuging but seems to be working OK.
Cheers.
Hi all, looks like there is some genuine interest in this indi so here is v1.3. There is no error checking on the lookBack number. Make sure there are twice as many bars looking back for the timeframe. Example on H1, 24 bars per day, lookBack=48. Need some more debuging but seems to be working OK.
Thank you for your generosity, as always.
- #5,905
- Mar 1, 2018 4:57pm Mar 1, 2018 4:57pm
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Caught this CA for the elevator down, took about 90% off at +46 now on 20 trailer at +51, sweet.
- #5,906
- Mar 1, 2018 5:00pm Mar 1, 2018 5:00pm
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Hi all, looks like there is some genuine interest in this indi so here is v1.3. There is no error checking on the lookBack number. Make sure there are twice as many bars looking back for the timeframe. Example on H1, 24 bars per day, lookBack=48. Need some more debuging but seems to be working OK.
Thanks for posting Kaza, yep good job
{quote} I would like to think I am a market wizard and have magical powers, but in fact I think turnip15 is more on the mark. You have to read the rules, they are very simple. You make trades, you win, you lose, you learn. Good luck
But if you explained why that currency is at that time and not before (or after).
In short, a detailed explanation helped to better understand who is not a magician.
Anyway thanks the same.
- #5,908
- Mar 2, 2018 1:51am Mar 2, 2018 1:51am
- Joined Oct 2015 | Status: Trader | 18,269 Posts
{quote} For sure I read page 1. But if you explained why that currency is at that time and not before (or after). In short, a detailed explanation helped to better understand who is not a magician. Anyway thanks the same.
- #5,909
- Mar 2, 2018 2:25am Mar 2, 2018 2:25am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long GJ +5 locked
same bar
- #5,910
- Mar 2, 2018 2:26am Mar 2, 2018 2:26am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Long EJ +5 locked
same bar
- #5,911
- Mar 2, 2018 2:43am Mar 2, 2018 2:43am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
{quote} For sure I read page 1. But if you explained why that currency is at that time and not before (or after). In short, a detailed explanation helped to better understand who is not a magician. Anyway thanks the same.
EU long +5 locked
This is a classic set up, new low was made on previous hour bar. Current price moved down toward low, failed to make new low and moved back up through the open price, enter. Now I take some profit % at +5 that is what I mean by locked. Then sometimes move stop to BE, sometimes not depending on how optimistic or risk averse I am feeling. That's about it, simple as 1-2-3. If the trades move up I usually switch to a +10 or +20 trailer. The examples are there on thread, in my case over and over and over again. Sometime I vary or bend the rules, not recommended until you experience many trades. As an example I will trade the same bar that made the new high or low. Again read page 1 and the next 294 and you will get a good grasp of how it works......good trading 
Nicely said hal7.
I am currently trading on the GU same bar as the Lowest Low.
Entered with the rules, price dipped and made new low, so I bought in again and now all trades in profit, luckily.
I think entering on the same bar has some merit hal7, but the timing and luck must be there.
Anyway, I digress.
Finally found my bug in the arrow indi.
So now you can set lookBack to 24 on the H1 for current days worth of arrows, 48 for 2 days worth, etc.
enjoy!
I am currently trading on the GU same bar as the Lowest Low.
Entered with the rules, price dipped and made new low, so I bought in again and now all trades in profit, luckily.
I think entering on the same bar has some merit hal7, but the timing and luck must be there.
Anyway, I digress.
Finally found my bug in the arrow indi.
So now you can set lookBack to 24 on the H1 for current days worth of arrows, 48 for 2 days worth, etc.
enjoy!
- #5,913
- Mar 2, 2018 3:17am Mar 2, 2018 3:17am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
Nicely said hal7. I am currently trading on the GU same bar as the Lowest Low. Entered with the rules, price dipped and made new low, so I bought in again and now all trades in profit, luckily. I think entering on the same bar has some merit hal7, but the timing and luck must be there. Anyway, I digress. Finally found my bug in the arrow indi. So now you can set lookBack to 24 on the H1 for current days worth of arrows, 48 for 2 days worth, etc. {file} enjoy!
Not to worry I digress all the time. The rules are pretty much the rules and simple enough to follow. Trade management then kicks in and that can be much more stylized to the trader and how conservative or openly to manage the trade. (what?) Like my taking profit at +5, some might disagree with that, and that's OK. When to take the trade and when not to. Theoretically if the trade meets the rules set up then it should be taken. Sometimes I don't because I don't like what I see in pattern or price movement. Sometimes I'm right, sometimes flat wrong. And still sometimes over think things, another trading habit. Still learning. But end result is try to come out ahead in the count.
[quote = hal7; 10832627] {quote} {immagine} UE lungo +5 bloccato Si tratta di un set classico, il nuovo minimo è stato effettuato nella barra delle ore precedente. Il prezzo corrente è sceso verso il basso, non è riuscito a fare un nuovo minimo e ha risalito il prezzo aperto, entrare. Ora prendo un po 'di profitto% a +5 questo è ciò che intendo per locked. Quindi a volte spostare stop a BE, a volte non dipende da quanto sono ottimista o avverso al rischio. Questo è tutto, semplice come 1-2-3. Se le operazioni si spostano, di solito passo a un trailer +10 o +20. Gli esempi ci sono sul thread, nel mio caso più e più e più volte. A volte varia o piego le regole, sconsigliato fino a quando non si verificano molti scambi. Ad esempio scambierò la stessa barra che ha reso il nuovo alto o basso. Leggi ancora la pagina 1 e il prossimo 294 e avrai una buona comprensione di come funziona ...... buon trading[/citazione]
Yes, OK
with EU I joined long and I took 10 tik!
So you explained perfectly.
Thanks so much
Si tratta di un set classico, il nuovo minimo è stato effettuato nella barra delle ore precedente. Il prezzo corrente è sceso verso il basso, non è riuscito a fare un nuovo minimo e ha risalito il prezzo aperto, entrare. Ora prendo un po 'di profitto% a +5 questo è ciò che intendo per locked. Quindi a volte spostare stop a BE, a volte non dipende da quanto sono ottimista o avverso al rischio. Questo è tutto, semplice come 1-2-3. Se le operazioni si spostano, di solito passo a un trailer +10 o +20. Gli esempi ci sono sul thread, nel mio caso più e più e più volte. A volte varia o piego le regole, sconsigliato fino a quando non si verificano molti scambi. Ad esempio scambierò la stessa barra che ha reso il nuovo alto o basso. Leggi ancora la pagina 1 e il prossimo 294 e avrai una buona comprensione di come funziona ...... buon trading[/citazione]Yes, OK
with EU I joined long and I took 10 tik!
So you explained perfectly.
Thanks so much
- #5,915
- Mar 2, 2018 3:29am Mar 2, 2018 3:29am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
[attach]3218gu.png;2699424[/attachl
Got in this GU long +5 last hour, a same bar trade. Also worked as a conventional trade this hour.
Incidentally I was going to talk about the USDCAD, or what someone calls CA. Posted above, looks like Lem had it too. I got in that trade later in the day and forgot I was in it. I did not take the +5 and original stop stayed the same. When I came back hours later it was +46 at full size which was nice to see, and made be glad I walked away. I took most of it off and let the remainder go with a 20 trailer and it stopped out at +43. Lesson being, stick with the basic rules but be flexible in trade made management, or forgetful.
All trades profitable today, not bad for a Friday and will wrap it up at that...
Got in this GU long +5 last hour, a same bar trade.
Also worked as a conventional trade this hour. Incidentally I was going to talk about the USDCAD, or what someone calls CA. Posted above, looks like Lem had it too. I got in that trade later in the day and forgot I was in it. I did not take the +5 and original stop stayed the same. When I came back hours later it was +46 at full size which was nice to see, and made be glad I walked away. I took most of it off and let the remainder go with a 20 trailer and it stopped out at +43. Lesson being, stick with the basic rules but be flexible in trade made management, or forgetful.
All trades profitable today, not bad for a Friday and will wrap it up at that...
- #5,918
- Mar 2, 2018 3:53am Mar 2, 2018 3:53am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
I currently have GJ +13, EJ +12, GU +11, EU +11, all now on 10 trailers 
- #5,919
- Mar 2, 2018 4:01am Mar 2, 2018 4:01am
- Joined Apr 2011 | Status: Trader | 3,454 Posts
I didn't take this NZ trade but these are the kind that you really want to get on, perfect set up, and great pips...
