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Simple Monday-Tuesday System (attached calculator)

  • #381
  • Feb 25, 2020 12:13am Feb 25, 2020 12:13am
Yieldplay what will U be using as the break out 15 or 25 ?

Not sure what to use now

But 25 seems to be working well last 2 weeks
  • #382
  • Feb 25, 2020 12:14am Feb 25, 2020 12:14am
Quoting yieldplay
{quote} let me put it up tomorrow morning, waiting for wednesday is really an exercise in discipline
Haha I know right

Not long now
  • #383
  • Feb 25, 2020 12:43am Feb 25, 2020 12:43am
Quoting PhillipmC
Yieldplay what will U be using as the break out 15 or 25 ? Not sure what to use now But 25 seems to be working well last 2 weeks
I'm going to start with 25, different weeks will yield different results for each but the principle is intact, so i wouldn't fuss too much over it
Trickier part is to account for correlation across the pairs, won't be entering in all the pairs, will likely lean towards pairs that have been trading in a tight range relative to the weekly ADR. (still doesnt account for correlation risk though )
  • #384
  • Feb 25, 2020 12:59am Feb 25, 2020 12:59am
Quoting yieldplay
{quote} let me put it up tomorrow morning, waiting for wednesday is really an exercise in discipline
Wednesday, YeeHaa

Inserted Video
It takes a lot for me to IGNORE you, but you can try.
  • #385
  • Feb 25, 2020 1:02am Feb 25, 2020 1:02am
Quoting Erebus
{quote} Wednesday, YeeHaa https://youtu.be/nLmvoXtQq8M
hahaha i have a feeling that's going to be our ride!
  • #386
  • Feb 25, 2020 1:07am Feb 25, 2020 1:07am
If anyone is having trouble drawing the lines, use this as a guide.

Print the Following Images for Easy Reference (provided by Erebus)

Image 1: https://www.forexfactory.com/attachm...3&d=1581757757
Image 2: https://www.forexfactory.com/attachm...4&d=1581757765

Remember: positive numbers go on top and negative numbers go on the bottom in the Fibs tool
When using the Fibs tool, be sure to go from the top to the bottom on the chart to make everything appear in its correct order.

Source: https://www.forexfactory.com/showthr...3#post12756303
Learn from your mistakes and march on.
  • #387
  • Feb 25, 2020 1:13am Feb 25, 2020 1:13am
Quoting yieldplay
{quote} waiting for wednesday is really an exercise in discipline
Patience has its rewards.
Learn from your mistakes and march on.
  • #388
  • Feb 25, 2020 1:25am Feb 25, 2020 1:25am
Quoting yieldplay
{quote} hahaha i have a feeling that's going to be our ride!
But he rode it out, so success is ahead

It takes a lot for me to IGNORE you, but you can try.
  • #389
  • Feb 25, 2020 1:58am Feb 25, 2020 1:58am
i think some of you guys might like this
disclaimer: just me tinkering around, take no responsibility of accuracy or how it is used

this is based of highest high and low from yesterday open till now, will update this tomorrow
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 43 KB
  • #390
  • Feb 25, 2020 4:08am Feb 25, 2020 4:08am
Quoting yieldplay
i think some of you guys might like this disclaimer: just me tinkering around, take no responsibility of accuracy or how it is used this is based of highest high and low from yesterday open till now, will update this tomorrow {image}
I like what you are doing, keep it up and thanks

Are you adding the numbers manually and if not, will it be possible to add 2 more row for buystop and sellstop prices.
This post may be of assistant

That will make it easy to place orders with phones manually.
  • #391
  • Feb 25, 2020 7:30am Feb 25, 2020 7:30am
Quoting Erebus
{quote} But he rode it out, so success is ahead
I was surprised he withstood that ride. And he got off with style. It was almost like Brexit. Lol
Learn from your mistakes and march on.
  • #392
  • Feb 25, 2020 8:56am Feb 25, 2020 8:56am
Hi guy´s, while we wait for Tuesdays to end, maybe it was an idea´ to get some pips with this little simple One hour high / low indicator. It uses the first hour of the day to mark the first swing point as a high or low point to mark a small box. You can now use the same principle as in the Monday / Tuesday system to get some pips while you wait. When the stockastic indicator is over 50 you go north and below you go south. Very simple and effective. But don't be greedy, I only take 20 pips from the day and leave 20% running.
Attached Image (click to enlarge)
Click to Enlarge Name: MonThu.png Size: 36 KB
Attached File(s)
File Type: ex4 FirstHourHiLo v1.1 1.ex4   12 KB | 308 downloads
  • #393
  • Feb 25, 2020 9:21am Feb 25, 2020 9:21am
Quoting kimmoe58sma
Hi guy´s, while we wait for Tuesdays to end, maybe it was an idea´ to get some pips with this little simple One hour high / low indicator. It uses the first hour of the day to mark the first swing point as a high or low point to mark a small box. You can now use the same principle as in the Monday / Tuesday system to get some pips while you wait. When the stockastic indicator is over 50 you go north and below you go south. Very simple and effective. But don't be greedy, I only take 20 pips from the day and leave 20% running. {image} {file}
Thank you for sharing, but you are introducing a different strategy than the one posted here. It's best to stick to the strategy already posted and look for ways to improve it.

There are many ways to place trades while waiting. But that's not what this thread is about.
Learn from your mistakes and march on.
  • #394
  • Feb 25, 2020 1:47pm Feb 25, 2020 1:47pm
Quoting yieldplay
{quote} let me put it up tomorrow morning, waiting for wednesday is really an exercise in discipline

Wednesday will OPEN soon... the sun will rise when the rooster crows...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #395
  • Feb 25, 2020 3:09pm Feb 25, 2020 3:09pm
Quoting emmanuel7788
{quote} Wednesday will OPEN soon... the sun will rise when the rooster crows...


what are you doing slumming in here?

It takes a lot for me to IGNORE you, but you can try.
  • #396
  • Feb 25, 2020 3:44pm Feb 25, 2020 3:44pm
Quoting bojack34
{quote} I believe we need to be paying more attention to each pairs Average Weekly Range and also Weekly S/R. If after Tuesday a pair has already exceeded 80% of it's Average Weekly Range then I probably wouldn't want to enter that trade and expect it to continue on to get 1:1 return. I understand that anything can happen and a pair can easily go for 250% of it's AWR.
Agreed, I mentioned this guy's tools early in the thread

https://www.forexfactory.com/showthread.php?t=939778

It takes a lot for me to IGNORE you, but you can try.
  • #397
  • Feb 25, 2020 4:10pm Feb 25, 2020 4:10pm
I'm ready for this week
I have some unanswered private messages, I will answer today to all, sorry for waiting.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 155 KB
  • #398
  • Feb 25, 2020 4:12pm Feb 25, 2020 4:12pm
Quoting 0xff
I'm ready for this week I have some unanswered private messages, I will answer today to all, sorry for waiting. {image}
plz post the ques and answers here ,so we can learn from it,thanks
  • #399
  • Edited 4:53pm Feb 25, 2020 4:37pm | Edited 4:53pm
Quoting 0xff
{quote} I maked a simple script(not EA) for this actions. On first wednesday's H1 bar I drag-n-drop script on the chart. And repeat it for all currencies charts. What script will do: check for highest high and lowest low for last 48 H1 bars and send 2 pending orders - buy stop & sell stop by %fibo setted when script loaded. Example for lvl_for_enter = 25: Entry level for buy stop order = 125% fibo at range Entry level for sell stop order = -25% fibo at range Example for sl_for_order = 25: StopLoss level for buy order = High of range - 25% = 75%...

wish i could of got your script to work would of been allot easier i drag it to the chart and nothing happens ? am i doing something wrong ?

anybody else get the script to work ?
  • #400
  • Feb 25, 2020 5:27pm Feb 25, 2020 5:27pm
Quoting PhillipmC
{quote} wish i could of got your script to work would of been allot easier i drag it to the chart and nothing happens ? am i doing something wrong ? anybody else get the script to work ?
I have already placed my trades using the script.
Try and right click the script and tap on execute on chart.
That should solve the problem
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