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Simple Monday-Tuesday System (attached calculator)

  • #741
  • Mar 3, 2020 4:04pm Mar 3, 2020 4:04pm
Where in the world is everybody? What a mixed up 2 days market! Australia cuts interest rates, USA cuts interest rates!

Doesn’t seem to be any consistent strength to any currency? Anybody see any opportunity? They all are opportunities of course, but any imminent breakouts?

Good luck all

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It takes a lot for me to IGNORE you, but you can try.
  • #742
  • Mar 3, 2020 4:09pm Mar 3, 2020 4:09pm
Let's see how it will go.
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  • #743
  • Mar 3, 2020 4:13pm Mar 3, 2020 4:13pm
Almost every pair already exceed its average weekly range this week
"Anything can happen" - Mark Douglas.
  • #744
  • Mar 3, 2020 4:19pm Mar 3, 2020 4:19pm
Did try to use the EA to set positions. But it looks like it enters just a little to early... Just make it place positions 5min past the hour.
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  • #745
  • Mar 3, 2020 4:26pm Mar 3, 2020 4:26pm
Quoting Zhekabas
Almost every pair already exceed its average weekly range this week
You are totally right. this week will be tight
  • #746
  • Mar 3, 2020 4:28pm Mar 3, 2020 4:28pm
our experiment starts today motu is materialized today,im experimenting few pairs,will let u know if any pair opens the trade?
  • #747
  • Mar 3, 2020 4:36pm Mar 3, 2020 4:36pm
Quoting Zhekabas
Almost every pair already exceed its average weekly range this week
This is where an EA that will allow trading only in one direction would come in handy. If AWR high is reached, then the EA could be set to only execute short orders, and vice versa. If neither one is reached, then the EA could be set to place a hedge trade, and cancel out the inactive order once one of the orders is triggered.
Learn from your mistakes and march on.
  • #748
  • Mar 3, 2020 5:26pm Mar 3, 2020 5:26pm
Quoting tes724
Did try to use the EA to set positions. But it looks like it enters just a little to early... Just make it place positions 5min past the hour. {image}
You have a fundamental error in your EA. Nothing to do with time or market.
  • #749
  • Mar 3, 2020 5:27pm Mar 3, 2020 5:27pm
Quoting here2there
{quote} This is where an EA that will allow trading only in one direction would come in handy. If AWR high is reached, then the EA could be set to only execute short orders, and vice versa. If neither one is reached, then the EA could be set to place a hedge trade, and cancel out the inactive order once one of the orders is triggered.
Can add that in and some other stuff next week.
I am thinking of just doing this on my own as there is to much fragmentation.
  • #750
  • Mar 3, 2020 5:31pm Mar 3, 2020 5:31pm
Quoting Spikehunter
{quote} ...I am thinking of just doing this on my own as there is to much fragmentation.
Can you please explain what you mean by that?
Learn from your mistakes and march on.
  • #751
  • Mar 3, 2020 5:35pm Mar 3, 2020 5:35pm
Quoting tes724
UPDATE: MoTu_Fibo_Breakout_indi_v1.2 - Added the ability to turn of coloring of the boxes when it reaches max or min pip distance, set in the inputs. Dont think it relevant for the strategy to color the box if it reaches a specific size. All JPY pairs get box sizes well above 100pips and will allways be marked as a "NO TRADE". All these changes, is something that makes it better for my self and i will continue to evolve it until it fits my own needs. I just want to share my ideas, feel free to change anything that fits your own style and idea and...
is there a way to remove the big BO letters and the NO TRADE! from the screen on the indicator? Would it also be possible to add an option to choose how many r:r levels we want to show? I think it would look much cleaner if these were options. Thanks for the indicator. It looks really nice.
  • #752
  • Mar 3, 2020 6:33pm Mar 3, 2020 6:33pm
Quoting Erebus
Where in the world is everybody? What a mixed up 2 days market! Australia cuts interest rates, USA cuts interest rates! Doesn’t seem to be any consistent strength to any currency? Anybody see any opportunity? They all are opportunities of course, but any imminent breakouts? Good luck all {image}

I know you dont like this pair Erebus but u gotta be in it to win it
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  • #753
  • Mar 3, 2020 6:56pm Mar 3, 2020 6:56pm
this week will be interesting given the vol over the past 2 days
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  • #754
  • Mar 3, 2020 7:16pm Mar 3, 2020 7:16pm
Quoting yieldplay
this week will be interesting given the vol over the past 2 days {image}
This will be a good week for you to keep stats on what each of those pairs including how far the travel after the initial break. Whether it be a break and continuation or a break and a reversal. It will be interesting to see.
  • #755
  • Mar 3, 2020 7:42pm Mar 3, 2020 7:42pm
Quoting yieldplay
this week will be interesting given the vol over the past 2 days {image}
yes i agree but there is allot panic in the market ATM i think with Corona Virus might see bigger then normal ranges.
  • #756
  • Mar 3, 2020 7:53pm Mar 3, 2020 7:53pm
Quoting PhillipmC
{quote} I know you dont like this pair Erebus but u gotta be in it to win it {image}
well, good luck, probably the best looking AUD pair, as everyone mentioned, market is very stretched, but anything can happen

USD seems not interested today

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It takes a lot for me to IGNORE you, but you can try.
  • #757
  • Mar 4, 2020 2:02am Mar 4, 2020 2:02am
London open, bring it on, except the complaints of losses like last week

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It takes a lot for me to IGNORE you, but you can try.
  • #758
  • Mar 4, 2020 2:14am Mar 4, 2020 2:14am
Hi every one;
can someone explain to me why the calculator no longer works! as soon as i want to fill in the numbers it jumps from one cell somewhere else! has anyone experienced this? I tried to download the calculator again but it doesn't help. every advice or solution is appreciated. cheers, Rees
Human beings are members of a whole, In creation of one essence and sol.
  • #759
  • Mar 4, 2020 2:26am Mar 4, 2020 2:26am
Salut spike
Could you see again the code code of your EA SMC EA Basic Daily ?
Some pairs are correct (AUDUSD, EURAUD,etc.)
Other pairs displays the correct levels but no pending orders (AUDJPY, EURJPY,etc.)
Other pairs are totally wrong ( USDCHF,AUDCAD for instance is calculated on hilo of friday !!!)
But I like your EA
  • #760
  • Mar 4, 2020 4:19am Mar 4, 2020 4:19am
Quoting zoraxfx
Salut spike Could you see again the code code of your EA SMC EA Basic Daily ? Some pairs are correct (AUDUSD, EURAUD,etc.) Other pairs displays the correct levels but no pending orders (AUDJPY, EURJPY,etc.) Other pairs are totally wrong ( USDCHF,AUDCAD for instance is calculated on hilo of friday !!!) But I like your EA
Hi, Thanks for using the EA. Yes I can see some errors and thank you for highlighting them, hadn't spotted them all as yet. Some are caused by Order Opening Price precision so not getting set, thought I had solved that but just been looking at it again. Shouldn't be to difficult to solve. Not seen the others yet but may be all linked. I will update for next week and add in Filters (MA),TP and SL. Also indicating ATR ranges for the week is another possibility. Anything else required please let me know. Its better to have a phased approach so we can test it easily and I can spend some time over a period rather than trying to do it all in one go. We have the capability to add anything in. It also give us the chance to forward test.
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