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  • #321
  • Edited 9:43am May 10, 2018 9:31am | Edited 9:43am
Quoting Roger7777
Results from the 1HR HAS BO 1 & done. $76 or 50 pips. {image}
Hello Roger, i thought you were using the heatmap to screen the HAS Bo but i see it's on blue and not being used in the picture...From my tests so far, the London HAS BO 1 and done seems to be performing best. It seems to spend the least time in red.

Like Lawrence said, all my experiments with taking more than 1 basket seem to have failed. I gues i have to control the greed and avoid going to the well too many times
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  • #322
  • May 10, 2018 10:17am May 10, 2018 10:17am
Quoting Inception12
{quote} Hello Roger, i thought you were using the heatmap to screen the HAS Bo but i see it's on blue and not being used in the picture...From my tests so far, the London HAS BO 1 and done seems to be performing best. It seems to spend the least time in red. Like Lawrence said, all my experiments with taking more than 1 basket seem to have failed. I gues i have to control the greed and avoid going to the well too many times {image}
Hey Inception, I am using the HM as a screen... My Dashboard is the v2 that we used to test before we offered it for sale. The only difference is on the the HM button...Gene changed the button colors from blue... blue... red, to blue... orange... red. It was just a visualization change to better distinguish between the functions of the HM button. Good catch, showing use people are paying attention.
  • #323
  • Edited 10:53am May 10, 2018 10:40am | Edited 10:53am
Here are some results for a manual DM_SD_ TS. So what I have done is went through each chart (1HR) and looked for consolidation or a bounce off a Supply /Demand zone and moved the BO lines to a horizontal position just above or below to trigger a BO trade. Now this can be done any time during the broker day. Highly recommend if you do not know about Supply and Demand zone research... there are a lot of good videos on Youtube. They are different then Support and Resistance. I'll post a link to one such good vid.
Inserted Video
If you want to see more of this manual setups I will demonstrate in depth on Mondays webinar. But here are the results from the state of my broker day. Remember you can do this at any time... just don't force a trade that is not there.

181 pips and 14 trades! Check out the example link of oneof my trades.

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https://charts.mql5.com/18/246/eurchfi-h1-tw-corp.png
  • #324
  • May 10, 2018 7:35pm May 10, 2018 7:35pm
My London 4hr HM didn't fare so well yesterday.......
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  • #325
  • May 11, 2018 8:14am May 11, 2018 8:14am
London results... Only took 3 trades for 42 Pips. Account equity is now up 52% since 4/2.

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  • #326
  • May 11, 2018 1:58pm May 11, 2018 1:58pm
Its Friday and the end of another trading week. But for some of my setups they will have to trade into next week. Baskets have not closed and again I'm at a cross roads... I could close and take a lose, or stay and fight. For all 4 of my setups that have not closed... yet! , I will stay and fight. This decision is solely based on the fact that I have plenty of available margin. I have this because of the large gap between the lot sizes I'm using and account size. You can judge for yourself after examining my screen shots. So I will post each screen shot one at a time and explain my plan to save these baskets. Only time will tell if my decision was the right one. The main purpose of doing this is to illustrate by using good money management and the right rescue plan will greatly increase your chance of trading out of a bad day. Here we go!

First... 1HR HAS BO 1 and Done. Because I am using the 4HR HM filtering, I am only in 4 open trades at this time. So as you can see I have plenty of available margin... 2552% + or -. Plan: wait for markets to open Sunday night and evaluate the 4 open trades and make a decision on whether or not to open a hedge position. That will be based on whether or not price appears to be still going opposite of the current position. Hedging if needed will pretty much neutralized the negative positions. Next, allow the HAS TS along with the 4HR HM to find new trades... but keeping a close eye on the Dashboard. We shall see.

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Next setup giving me a fight is the Daily HM. Take a close look at the screen shot... not that bad... only down 45 pips or so. Again plenty of available margin: current margin level at 1729%. The plan is easy... let it ride into next week. Now an additional option is to look at the trades in profit and make a determination on whether to close while in profit. This is called pruning.

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The 4 HR HM has closed the 1 st of 2 baskets. for 91 pips. Again plenty of margin, let it ride into next week.

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Finally the 20 PIP RENKO's. This has been running all week and even though it is running 24/5 it has been running in the negative. It is at my tolerance level for available margin level. Plan, trade into next week but take no new trades until margin levels come back up. Also evaluate each trade to determine its worthiness as to keep trading or close. Right now my account equity is just above break even.

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Final word... My trading style is to fight wisely, smartly, and with lots of buffer. I am just sharing what I do. Its been 15 years and I'm still here. Forex is NOT a quick buck! Think about it!
  • #327
  • May 11, 2018 2:00pm May 11, 2018 2:00pm
Hello fellow traders,

Please don't forget to attend our Monday Night FREE Webinar on May 14, 2018 at 8:00 PM, EST. Roger and Dan are hosting the webinar as they go over trading results and other traders success of this amazing Dashboard. We are drawing down to the final month of Free Webinars. We would love to see our old and meet some new friends. Come on and join the meeting. We look forward to seeing you there. Click on the link below to secure your seat in the webinar.

https://attendee.gotowebinar.com/rt/
  • #328
  • May 14, 2018 2:14am May 14, 2018 2:14am
One of the systems I am currently trading is the 4 hour London session heatmap.
I have a few trades in drawdown to the point where the original trade direction has now reversed.
If you take a look at CADCHF you'll notice that the HM took a long trade however the HM is now showing a sell 'signal'
EURCAD and USDCHF are two other open trades going in the 'wrong direction'
Should the HM system automatically close trades when we get an opposite signal?
I realise that I can close these manually but if for some reason i am not at the computer for some time then I would think a system closure would be a better way to go.
Or perhaps there already is a switch that does that and I have failed to find / activate it
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  • #329
  • May 14, 2018 8:09am May 14, 2018 8:09am
Quoting Pip Poppy
One of the systems I am currently trading is the 4 hour London session heatmap. I have a few trades in drawdown to the point where the original trade direction has now reversed. If you take a look at CADCHF you'll notice that the HM took a long trade however the HM is now showing a sell 'signal' EURCAD and USDCHF are two other open trades going in the 'wrong direction' Should the HM system automatically close trades when we get an opposite signal? I realise that I can close these manually but if for some reason i am not at the computer for some...
Hello Pip Poppy, one thing you can do is use the ADR TP and SL on the Dashboard. I am presently using the ADR TP on my 4hr HM. As I posted on Fri, I have some setups that are in bad DD and have switched into a rescue mode. DD happens with ANY system and there are one or two things to do about it. One would be to just take the lose or trade out of it and back into the green. I am just showing how I trade back to the green for the education benefit to other traders. As I also stated on Fri, I use different methods on a pair by pair bases. It could be hedging, Pruning off positive positions that looks to turn, or close a single negative position. Basically, I take control off a rogue basket and trade it to health. I will continue to post my progress daily on these rogues.
  • #330
  • Edited 9:37am May 14, 2018 9:24am | Edited 9:37am
Here is the first of the daily updates. The Daily HM... still going strong! This was one of the rogue setups from Friday. Again my plan for this setup was just to ride it out do to the fact I had plenty of available margin, and just applied some patience. 52 pips! And the account is up 49% since 4/22... that's only 15 trading days.

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  • #331
  • Edited 11:24am May 14, 2018 11:11am | Edited 11:24am
Now you can watch a daily video update to my trading. This will be available free right here until June 1st. Please give us some feedback.

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  • #332
  • May 14, 2018 3:30pm May 14, 2018 3:30pm
Well the London has not hit its target yet, but it is in profit. Will let it go and see what happens at tonight's London session.

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  • #333
  • May 14, 2018 6:28pm May 14, 2018 6:28pm
Quoting Roger7777
{quote} Hello Pip Poppy, one thing you can do is use the ADR TP and SL on the Dashboard. I am presently using the ADR TP on my 4hr HM. As I posted on Fri, I have some setups that are in bad DD and have switched into a rescue mode. DD happens with ANY system and there are one or two things to do about it. One would be to just take the lose or trade out of it and back into the green. I am just showing how I trade back to the green for the education benefit to other traders. As I also stated on Fri, I use different methods on a pair by pair bases....
Hello Roger - thank you for your reply.
I guess I didn't really make myself very clear. I understand that I can do whatever needs to be done on a manual basis and I finished up closing those trades and allowed the system to bring it back into profit.
My question was more related to the way the HM trades i.e. it will take a long trade and after several days the HM for that trade changes into the opposite direction for the initial trade, leaving the initial trade in worsening DD as we are now trading against the trend.
My question is - should that trade not be automatically closed by the HM and a new trade taken in the opposite direction?
When I closed my trades manually, 2 out of the 3 immediately opened trades in the new direction and went into profit thereby helping to close out the basket in profit.
  • #334
  • May 14, 2018 10:26pm May 14, 2018 10:26pm
Inserted Video
Please watch our newest Free Webinar Video Dated 05-14-2018. We are getting close to the end of our Free Webinar Videos. We will be placing a link on our website where you can register for the weekly webinars.

Please Like our Facebook Fan page by clicking here.

Please Subscribe to Our YouTube Channel and view our many free Weekly Webinars here.

We certainly appreciate all of you being clients or future clients.
  • #335
  • May 15, 2018 9:55am May 15, 2018 9:55am
Good morning traders,
Here are the screen shots and below them is the video update with commentary. Please take a view and we love your feed back.

1HR HAS BO London
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Daily HM
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4HR HM
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1HR HAS BO
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20 PIP RENKO
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WATCH THE VIDEO!

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  • #336
  • May 15, 2018 12:44pm May 15, 2018 12:44pm
Quoting Roger7777
Good morning traders, Here are the screen shots and below them is the video update with commentary. Please take a view and we love your feed back. 1HR HAS BO London {image} Daily HM {image} 4HR HM {image} 1HR HAS BO {image} 20 PIP RENKO {image} WATCH THE VIDEO! https://www.youtube.com/watch?v=IohVCMjlRAM&t=5s
i think this confirms my suspicions...After a month of testing i think we can safely confirm the has ts is the best system yet using london. Ive so far had 8 out of 10 days where it hits the target in about 5 hours on average...the only problem is the bad days are taking away all the work done on the good days. We need better exit strategies like pip poppy is suggesting..the stop loss on it's own is not good enough.....

Since we are using the HM as a screener on entries, we can use it as an exit trigger as well....if the HM for a given pair changes from buy to sell or reduces from a 5 star to a 2 star, then the system should automatically close that trade if it's open....we can do it manually right now but automating it can surely help this system to get much better...just my suggestions for the new dashboard
  • #337
  • May 15, 2018 9:06pm May 15, 2018 9:06pm
Quoting Inception12
{quote} i think this confirms my suspicions...After a month of testing i think we can safely confirm the has ts is the best system yet using london. Ive so far had 8 out of 10 days where it hits the target in about 5 hours on average...the only problem is the bad days are taking away all the work done on the good days. We need better exit strategies like pip poppy is suggesting..the stop loss on it's own is not good enough..... Since we are using the HM as a screener on entries, we can use it as an exit trigger as well....if the HM for a given pair...
Hello Inception,
Regarding your question of using the Heatmap for exits: we have discussed this with our Chief Programmer and he is very familiar with the idea. He is not an advocate of changing our current Heatmap. Yes, he has used variations of it in the past, but it has not proved to be successful.

In addition, the current new Dashboard has been specifically redesigned to be a minimal drag on the user's PC resources. So their are no plans to change the current Heatmap. But rather other forms of trade/equity exits must be employed (of which there are many)
  • #338
  • May 16, 2018 6:21am May 16, 2018 6:21am
Quoting Inception12
{quote} i think this confirms my suspicions...After a month of testing i think we can safely confirm the has ts is the best system yet using london. Ive so far had 8 out of 10 days where it hits the target in about 5 hours on average...the only problem is the bad days are taking away all the work done on the good days. We need better exit strategies like pip poppy is suggesting..the stop loss on it's own is not good enough..... Since we are using the HM as a screener on entries, we can use it as an exit trigger as well....if the HM for a given pair...
I agree that the HAS London open gives very consistent results about 70-80% success rate. However, when you get a bad day you really need to employ some sort of recovery mode as discussed in a few of Roger's videos here on FF, such as a hedging technique. No BOT is going to be 100% perfect, the 20-30% that it fails requires some Trader intervention to recovery to at worst a smaller loss or break even position. The overall aim is to stay in Profit overall despite the bad days or periods.
  • #339
  • May 16, 2018 9:47am May 16, 2018 9:47am
Good morning traders,
Here are the screen shots and below them is the video update with commentary. Please take a view and we love your feed back.

The Daily HM

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1HR HAS BO London

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20 PIP RENKO

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4HR HM

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1HR HAS BO

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WATCH THE VIDEO! For more commentary and analysis

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  • #340
  • May 17, 2018 4:46am May 17, 2018 4:46am
Thanks for the Daily video Roger - informative and appreciated!
In regards to your Renko set-up I notice that you have big chunks of missing data which probably wouldn't affect a 5 pip Renko BO system much but could it be having an impact into the accuracy of your 20 pip set-up?
Whenever I have large gaps of 1 minute data like that I find that no matter how many times you run the load history scripts it never fills the missing data so I delete all the M1 history files, close down MT4 and then run the scripts again.
That always fills that missing gap but does take a little time.
I've now had 4 x 4 hour HM London one & done baskets close in profit on a live account so that has paid for the dashboard investment
Today's is running in profit at the moment so all looking good.
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