Magic 100 | Page 61 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Magic numbers question 12 replies

Ever seen this magic number bug? 4 replies

magic is back! 11 replies

Magic Numbers for Mutiple EA 9 replies

Attachments: Magic 100
Exit Attachments

Magic 100

  • #1,201
  • Aug 6, 2020 8:02am Aug 6, 2020 8:02am
GU -1R

Attached Image (click to enlarge)
Click to Enlarge Name: 2020-08-06_GU.png Size: 70 KB
  • #1,202
  • Aug 6, 2020 6:14pm Aug 6, 2020 6:14pm
Quoting tradista
GU -1R {image}
You sell?
  • #1,203
  • Aug 6, 2020 10:25pm Aug 6, 2020 10:25pm
Quoting Doeladjah
{quote} You sell?
No, he didn't. It's a buy ending in a loss (-1R). I would have not entered there because of the many candles with wicks before, signalling the uptrend comes to an end.
  • #1,204
  • Aug 6, 2020 11:59pm Aug 6, 2020 11:59pm
[quote = Olarion1975; 13102361] {quote} Tidak, dia tidak melakukannya. Ini adalah pembelian yang berakhir dengan kerugian (-1R). Saya tidak akan masuk ke sana karena banyak lilin dengan sumbu sebelumnya, menandakan uptrend berakhir. [/ Quote]
how do we know it's a strong trend?
  • #1,205
  • Aug 7, 2020 1:02am Aug 7, 2020 1:02am
Quoting Olarion1975
{quote} No, he didn't. It's a buy ending in a loss (-1R). I would have not entered there because of the many candles with wicks before, signalling the uptrend comes to an end.
You're right, should have waited for a clear impulse to occur first.
  • #1,206
  • Edited 2:39am Aug 8, 2020 1:44am | Edited 2:39am
Thanks your reply.
Sorry, I don't like this ea. Some permissions needed and mysterious. If it need to use DLL, Global Variable, or others, just write a help text file. It's simple than video.
  • #1,207
  • Aug 8, 2020 3:49am Aug 8, 2020 3:49am
Quoting Olarion1975
I am trading this method on my live account for 8 days now, it is awesome. Most of the trades are on H1, if liquidity is low I switch to M15. I try to stick to a risk/reward ratio of 1:2/1:3 on H1 and 1:2 on M15 and I might exit the trade or close part of the position if price hits a major support/resistance line or daily/previous days High/Low. If price trends strongly I trail my SL on M5 / M1 behind the last swings. {image}
It looks very fine,

how do you manage your SL if price trends NOT (normal) strongly?
  • #1,208
  • Edited 3:34am Aug 10, 2020 1:30am | Edited 3:34am
Quoting augustus123
{quote} It looks very fine, how do you manage your SL if price trends NOT (normal) strongly?
If price moves "normal", I do not touch my SL until r/r of 1:1 where I set SL to BE. If the price goes in your favor I usually trail my SL behind the last swings on M5 / M15.
  • #1,209
  • Aug 10, 2020 11:17pm Aug 10, 2020 11:17pm
Quoting Olarion1975
{quote} If price moves "normal", I do not touch my SL until r/r of 1:1 where I set SL to BE. If the price goes in your favor I usually trail my SL behind the last swings on M5 / M15.
which trend to follow? h1, h4, or d1?
  • #1,210
  • Aug 11, 2020 12:08am Aug 11, 2020 12:08am
Quoting Doeladjah
{quote} which trend to follow? h1, h4, or d1?
The trend on the timeframe you entered the trade. For me H1 or M15.
  • #1,211
  • Aug 11, 2020 1:51am Aug 11, 2020 1:51am
Quoting xmess7
{quote} hi netbean. No its not, the EA looks at your Global Variables. Hit F3, and if you see something like ""xm7_magic_id_XXXXXXXXXMagicNumber" several times lists, delete the entries and try again. Every time the EA is loaded it will record its chartID and Magic number in the globals. So if the EA sees two or more entries in the global variables it will determine that there is more copies of the EA running on other charts. It then informs you and closed all of the other charts that have have the magic EA running. then you resume normal operation...
Hi @xmess7. Is it possible to run xm7_Magic100_EA_v13.ex4 in strategy tester??
  • #1,212
  • Aug 11, 2020 2:01am Aug 11, 2020 2:01am
[quote = Olarion1975; 13107688] {quote} Tren pada rentang waktu Anda memasuki perdagangan. Bagi saya H1 atau M15. [/ Quote]
what we need to look for resistant support because today I tried to fail at EuGb
  • #1,213
  • Aug 11, 2020 2:47am Aug 11, 2020 2:47am
Hey Guys, i am very sorry to inform you about sad news. i was chatting with Minotawr about the Magic100 strategy, since i am from Germany too...

He doesnt replie for a Severin days, so i asked what is wrong... He explaine to me that he caught Covid after travelling.

I am very sad, i dont have asking him about to posting it here but i think is okay. What you think, ifat its not ok i will delete this news8 ....
Pressure shapes Legends
  • #1,214
  • Aug 11, 2020 3:36am Aug 11, 2020 3:36am
I had a few acquaintances who caught it and they recovered well. So, I'm sure he will recover soon and will be back to the forum helping everyone in trading this method.
  • #1,215
  • Aug 11, 2020 4:01am Aug 11, 2020 4:01am
Quoting tradista
I had a few acquaintances who caught it and they recovered well. So, I'm sure he will recover soon and will be back to the forum helping everyone in trading this method.
I hope so, he is a good teacher, helping People here in the Forum and in his PM as well. Always was answering friendly my questions. I willtry tostay connected withhim.
Pressure shapes Legends
  • #1,216
  • Aug 11, 2020 5:14am Aug 11, 2020 5:14am
Let's hope Minotawr will get well again quickly. Just a little motivation for you guys:
Attached Image (click to enlarge)
Click to Enlarge Name: tempsnip.png Size: 32 KB
  • #1,217
  • Aug 11, 2020 5:34am Aug 11, 2020 5:34am
Quoting Olarion1975
Let's hope Minotawr will get well again quickly. Just a little motivation for you guys: {image}
Hi,
Germany ? I'm frenchy ... nobody is perfect
Do you play manualy and only Open / Close London, and H1 ?
Thanks
jf
  • #1,218
  • Aug 11, 2020 5:48am Aug 11, 2020 5:48am
Quoting le celte
{quote} Hi, Germany ? I'm frenchy ... nobody is perfect Do you play manualy and only Open / Close London, and H1 ? Thanks jf
Everything manually. I usually trade from Frankfurt Open to London Close on H1, when price is not moving much I switch to M15.
  • #1,219
  • Aug 11, 2020 6:43am Aug 11, 2020 6:43am
Quoting Olarion1975
{quote} Everything manually. I usually trade from Frankfurt Open to London Close on H1, when price is not moving much I switch to M15.
Thanks and cheers
jf
  • #1,220
  • Aug 12, 2020 4:23am Aug 12, 2020 4:23am
As I'm trading only early london session, am testing going down to M15 to find a tighter entry after verifying trend potential for the session on two or three pairs to diversify the risk.

GJ -1R
EJ +3.5R
CJ +3.5R

Attached Image (click to enlarge)
Click to Enlarge Name: 2020-08-12_12h22_14.png Size: 44 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-08-12_12h19_29.png Size: 39 KB
Attached Image (click to enlarge)
Click to Enlarge Name: 2020-08-12_12h18_34.png Size: 38 KB
3 traders viewing now