Hi guys i am curious what settings do you use for the half trend? I set it at 10 the default settings where too sensitive any advice will be awesome thanks
Hi, just received some question via pm about Quik Trailing so I post the answers here:
PLEASE NOTE THAT ALL INPUTS ARE IN PIPs, so e.g. 0.1 would mean 0,00001 in EURUSD or 0,001 in USDJPY. PLEASE ALSO NOTE THAT OTHER MARKETS LIKE DOW OR DAX might be different, reason behind is the concept of MT4 Poits, so e.g. at Dax 10 would represent 1 Dax point. THE ONLY WAY YOU CAN BE SURE IS CHECK SETTING ON A DEMO ACCOUNT FOR EACH MARKET TYP, BUT PLEASE DO THIS BY YOURSELF
1. The EA is quite easy and well documented (I also uploaded the manual), so the best way to get used to it is by trading on a demo account and check all functions (this is exactly the way I created all my knowledge on it).
2. Quick Trailing has the option to be switched to "Auto" for SL and TP calculation. There is now periode setting in it, so it is not celar what kind of ATR it is calculating. With the input you set a multiple of the calculated value. PLEASE NOTE FOR SL YOU CAN SET A MAXIMUM (IF ATR GOES TO WIDE) AND ALSO PLEASE NOT THAT TP IN AUTO IS ALWAYS 0,5 of SL (DUE TO THE FACT THIS EA IS FOR SCALPING WHERE TP IS OFTEN CLOSER THEN SL). So if you want to have a 1/1 ration between SL and TP set e.g. 5 SL and 10 TP. You can check the calculation in the chart.
3. The function first TP allaws you a partial close. You can set the % you want to close and the pips (calculate from opening price) where the partial close should take place.
I hope this helps you, but again, if anything is not clear, try it on demo account to check, this will help you to handle the EA and I will never recomand using an EA on a real acc. when you are not be able to handle ist...
Cheers and green pips to all of us!
PLEASE NOTE THAT ALL INPUTS ARE IN PIPs, so e.g. 0.1 would mean 0,00001 in EURUSD or 0,001 in USDJPY. PLEASE ALSO NOTE THAT OTHER MARKETS LIKE DOW OR DAX might be different, reason behind is the concept of MT4 Poits, so e.g. at Dax 10 would represent 1 Dax point. THE ONLY WAY YOU CAN BE SURE IS CHECK SETTING ON A DEMO ACCOUNT FOR EACH MARKET TYP, BUT PLEASE DO THIS BY YOURSELF
1. The EA is quite easy and well documented (I also uploaded the manual), so the best way to get used to it is by trading on a demo account and check all functions (this is exactly the way I created all my knowledge on it).
2. Quick Trailing has the option to be switched to "Auto" for SL and TP calculation. There is now periode setting in it, so it is not celar what kind of ATR it is calculating. With the input you set a multiple of the calculated value. PLEASE NOTE FOR SL YOU CAN SET A MAXIMUM (IF ATR GOES TO WIDE) AND ALSO PLEASE NOT THAT TP IN AUTO IS ALWAYS 0,5 of SL (DUE TO THE FACT THIS EA IS FOR SCALPING WHERE TP IS OFTEN CLOSER THEN SL). So if you want to have a 1/1 ration between SL and TP set e.g. 5 SL and 10 TP. You can check the calculation in the chart.
3. The function first TP allaws you a partial close. You can set the % you want to close and the pips (calculate from opening price) where the partial close should take place.
I hope this helps you, but again, if anything is not clear, try it on demo account to check, this will help you to handle the EA and I will never recomand using an EA on a real acc. when you are not be able to handle ist...
Cheers and green pips to all of us!
Green pips 2 all of us!
- #1,765
- Mar 27, 2019 11:51pm Mar 27, 2019 11:51pm
{quote} Hi Davie, My deepest appreciation for sharing this with us! I've set this up on my charts and it's already highlighted several good entry points! I'll start testing and sharing my results so we can all benefit from my learning.
You're most welcome, hope it adds value and I look forward to seeing your results!
I'm working on some interesting tweaks that I look forward to sharing after testing.
- #1,766
- Mar 27, 2019 11:58pm Mar 27, 2019 11:58pm
{quote} Hi, i have been checking your tpl and it seems really nice do you mind sharing your setting on the trend corridor? since i notice you use 2 of them thank you green pips
Of course, so the first set of bands you add the settings are as standard.
For the second set the ATR multiplier is set to 3.8, this should give you the 'zones' you see in my previous pics. Obviously the colours are down to preference.
Hope this helps
- #1,767
- Mar 28, 2019 3:34am Mar 28, 2019 3:34am
Hey all,
I thought some of you might find this useful, it's an alert for trendline breaks and works perfectly. Just add it to your experts folder and stick it on your chart, you can remove the writing it puts on your screen in the inputs section.
It will also take trades for you automatically but I'd rather do that manually personally.
I thought some of you might find this useful, it's an alert for trendline breaks and works perfectly. Just add it to your experts folder and stick it on your chart, you can remove the writing it puts on your screen in the inputs section.
It will also take trades for you automatically but I'd rather do that manually personally.
- #1,768
- Mar 28, 2019 4:38am Mar 28, 2019 4:38am
- Joined Sep 2016 | Status: TMT Scalping... | 2,408 Posts
EU on channel, Daily candle is now green.
Might go fro buy scalps later
Might go fro buy scalps later
TMT Scalping System (Best system on FF)
{quote} Hey, Of course, so the first set of bands you add the settings are as standard. For the second set the ATR multiplier is set to 3.8, this should give you the 'zones' you see in my previous pics. Obviously the colours are down to preference. Hope this helps
- #1,772
- Mar 28, 2019 9:46am Mar 28, 2019 9:46am
- Joined Sep 2016 | Status: TMT Scalping... | 2,408 Posts
Hi @Pollen Maybe you can uploud your indicators and teamplate ?
TMT Scalping System (Best system on FF)
- #1,773
- Mar 28, 2019 3:35pm Mar 28, 2019 3:35pm
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
- #1,777
- Mar 30, 2019 11:44am Mar 30, 2019 11:44am
- Joined Apr 2010 | Status: Lazy trader on D1 charts | 5,901 Posts
- #1,779
- Apr 1, 2019 3:09pm Apr 1, 2019 3:09pm
- Joined Sep 2016 | Status: TMT Scalping... | 2,408 Posts
here we go!!!
TMT Scalping System (Best system on FF)