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The Swamp

  • #81,261
  • Edited 12:20pm Feb 6, 2021 11:46am | Edited 12:20pm
Quoting gatorinla
anyone have, or know where I can get a generic master ea.. I dont know if there is something out there like this. Example: a ea that turns on another (slave) ea. The master may turn on another or several ea's when the master's lines up. For example the slave may be ready to scalp on a 15 min. But the master's settings dont let it. For example the master uses macd on the day. A master ea with several oscillators and adx. Would give the slave better odds for winning trades. The master also should be able to set multiple time frames. Let's say the...
I knew it,, you are into those master and slave stuff.. it runs in your blood ... lol....

why not just put your master trading concept in each individual ea.. since some EAs trade trend, you can use adx or macd.. some EAs trade range, and reverse to mean , its better use other method.......its hard to use one master plan to trade both trend and range trading at the same time.... I guess once trend starts, pause range trades EA... wait for trend slow down or reverse, reactive range EAs.....that makes me thinking,,,
  • #81,262
  • Feb 6, 2021 11:56am Feb 6, 2021 11:56am
Quoting Boulder
{quote} I knew it,, you are into those master and slave stuff.. it runs in your blood ... lol....
Guilty as charged. You were supposed to keep the secrets. What happens at the camp , stays at the camp.
those who can, do. those who cant, talk about those who can
  • #81,263
  • Edited 1:04pm Feb 6, 2021 12:43pm | Edited 1:04pm
Quoting Boulder
{quote} I knew it,, you are into those master and slave stuff.. it runs in your blood ... lol.... why not just put your master trading concept in each individual ea.. since some EAs trade trend, you can use adx or macd.. some EAs trade range, and reverse to mean , its better use other method.......its hard to use one master plan to trade both trend and range trading at the same time.... I guess once trend starts, pause range trades EA... wait for trend slow down or reverse, reactive range EAs..
You can do that. So this won't apply to you. This would not stop you from using your favourite ea. I'm trying to improve your and my ea. By turning them on or pausing them when things are less advantages. The master could pause your trending ea. When adx indicates less favorable. At the same time it could turn on your grid ea. Or vice versa when indicated. The master could be set not to trade at certain hours. It could have a news filter. It could use multiple time frames. It could just trade whatever days a week or month you want. The settings are unlimited. You want to skip NFP, its does it. Just check a box, you want to apply..

For example.. just short when day RSI is above 80. Then 5min ADX turns to strong trend bear. At that point if your favorite ea gets a sell signal. The master will allow it to trade.

Or using it manual, at a pending Fib level while you sleep. The same master being at rsi 80 allows the short to be made.

You still would need to set up the master. You probably own thousands of $ worth of ea's. This may let you use them again. This generic master would let you build your own ea. Without knowing how to program. Just like Windows 10 allows you to run your pc.

Like ordering a pizza. If you want pepperoni, make true. After that heavy, medium, little
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  • #81,264
  • Feb 6, 2021 1:15pm Feb 6, 2021 1:15pm
Quoting Blackopal
{quote} The search for the Holy Grail!! You are getting close Gator! Here's the expected inverse H & S on DXY. I've bought back into silver (mostly) and a little gold this week as they both dropped sharply in line with rise in U.S.D., which of course reflected drop in E.U. I Very much like the fundamentals for silver, so will continue to buy dips. Also, I've taken E.U. shorts as an indirect hedge against any rise in U.S.D., which would impact silver and gold. Fundamentally, I believe $U.S. should continue downtrend eventually. COT shows hedge funds...
A HS on eu is not my favorite. I seldom trust them. Its hard to refuse, with the risk so small comparable.
those who can, do. those who cant, talk about those who can
  • #81,265
  • Feb 8, 2021 12:38am Feb 8, 2021 12:38am
One to keep an eye on


EG

A cup and handle chart may signal either a reversal pattern or a continuation pattern. A reversal pattern occurs when the price is in a long-term downtrend, then forms a cup and handle that reverses the trend and the price starts rising. A continuation pattern occurs during an uptrend; the price is rising, forms a cup and handle, and then continues rising.
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  • #81,266
  • Feb 8, 2021 5:02am Feb 8, 2021 5:02am
Quoting Blackopal
One to keep an eye on EG A cup and handle chart may signal either a reversal pattern or a continuation pattern. A reversal pattern occurs when the price is in a long-term downtrend, then forms a cup and handle that reverses the trend and the price starts rising. A continuation pattern occurs during an uptrend; the price is rising, forms a cup and handle, and then continues rising. {image}
It looks backwards. Correct me if wrong. It may be something I missed. The cup should be right side up (at the top), in a up-trend continuation (a continuation pattern). The one in your picture is right side up. I dont recall seeing them in a reversal pattern.

A rounding in a bottom could mean reversal.
those who can, do. those who cant, talk about those who can
  • #81,267
  • Feb 8, 2021 6:38am Feb 8, 2021 6:38am
https://www.nytimes.com/2021/02/07/w...a-vaccine.html

astrazeneca-vaccine ineffective (South Africa strand), life finds a way. Covid mutates.
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those who can, do. those who cant, talk about those who can
  • #81,268
  • Feb 8, 2021 7:16am Feb 8, 2021 7:16am
Quoting gatorinla
{quote} I think its moves through these levels in some sort of rhythm. {image}
I need some rhythm

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those who can, do. those who cant, talk about those who can
  • #81,269
  • Feb 8, 2021 7:23am Feb 8, 2021 7:23am
Quoting gatorinla
https://www.nytimes.com/2021/02/07/w...a-vaccine.html astrazeneca-vaccine ineffective (South Africa strand), life finds a way. Covid mutates. https://www.youtube.com/watch?v=oijEsqT2QKQ
Expect more covid variants from SA and Africa because we will most likely have many waves of the sickness before it can be curtailed. Unless the WHO takes over with the administration of the vaccines.
  • #81,270
  • Feb 8, 2021 7:52am Feb 8, 2021 7:52am
Quoting gatorinla
{quote} It looks backwards. Correct me if wrong. It may be something I missed. The cup should be right side up (at the top), in a up-trend continuation (a continuation pattern). The one in your picture is right side up. I dont recall seeing them in a reversal pattern. A rounding in a bottom could mean reversal.
I'm seeing another one almost exactly like it in the EU now

https://www.thebalance.com/trading-t...attern-4153469

https://www.thebalance.com/thmb/dpmP...0011e6b25b.jpg

The Cup and Handle
https://www.thebalance.com/thmb/dpmP...0011e6b25b.jpg
TradingView.com
The cup and handle pattern occurs in both small time frames, like a one-minute chart, and in large time frames, like daily, weekly, and monthly charts. It occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately equal size to the prior decline. It creates a U-shape, or the "cup" in our "cup and handle." The price then moves sideways or drifts downward within a channel—that forms the handle. The handle may also take the form of a triangle.
The handle needs to be smaller than the cup. The handle should not drop into the lower half of the cup, and ideally, it should stay in the upper third.
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  • #81,271
  • Feb 8, 2021 7:57am Feb 8, 2021 7:57am
Quoting Blackopal
{quote} I'm seeing another one almost exactly like it in the EU now https://www.thebalance.com/trading-t...attern-4153469 The Cup and Handle {image} TradingView.com The cup and handle pattern occurs in both small time frames, like a one-minute chart, and in large time frames, like daily, weekly, and monthly charts. It occurs when there is a price wave down, followed by a stabilizing period, followed by a rally of approximately...
I was taught they are a continuation pattern. Meaning it should form at the high of a range, to go higher. I will look for a video
those who can, do. those who cant, talk about those who can
  • #81,272
  • Feb 8, 2021 7:58am Feb 8, 2021 7:58am
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those who can, do. those who cant, talk about those who can
  • #81,273
  • Feb 8, 2021 7:59am Feb 8, 2021 7:59am
Bitcoin did a $4,000 one hour pump last hour. New all time high just under 45,000, correcting to 43,000 now
  • #81,274
  • Feb 8, 2021 8:05am Feb 8, 2021 8:05am
Quoting gatorinla
{quote} I was taught they are a continuation pattern. Meaning it should form at the high of a range, to go higher. I will look for a video

Yeah, I looked at a few, most seem to say continuation, some say also possible reversal in a downtrend, as you said, the rounded bottom can be a reversal, strong support. I started watching it form Friday last week on EG. I didn't have much faith, GU has been so much stronger than EU, and keeps testing it's highs, so seems likely to break up. I took small EG long, stop above BE now
  • #81,275
  • Feb 8, 2021 8:10am Feb 8, 2021 8:10am
Quoting gatorinla
{quote} I was taught they are a continuation pattern. Meaning it should form at the high of a range, to go higher. I will look for a video

Looked at separately, the round bottom strong support, the handle could be a bull flag
  • #81,276
  • Feb 8, 2021 8:12am Feb 8, 2021 8:12am
EU bears dont seem strong enough to push it lower atm.. dont be a hero if it flies.
those who can, do. those who cant, talk about those who can
  • #81,277
  • Feb 8, 2021 8:17am Feb 8, 2021 8:17am
Quoting Blackopal
{quote} Looked at separately, the round bottom strong support, the handle could be a bull flag
yeah, round fat bottoms and flags..
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  • #81,278
  • Feb 8, 2021 8:17am Feb 8, 2021 8:17am
Quoting gatorinla
EU bears dont seem strong enough to push it lower atm.. dont be a hero if it flies.
Silver and gold are running. I reduced my "hedge" of short EU on little dips today. Glad I did. 4H candle on EU bullish engulfed. Held the Silver.
  • #81,279
  • Feb 8, 2021 8:24am Feb 8, 2021 8:24am
Eur testing M30 downtrend stop at 1.2042 atm.. 7 mins to go... let see bears can hold..
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  • #81,280
  • Feb 8, 2021 8:29am Feb 8, 2021 8:29am
Quoting Blackopal
{quote} Silver and gold are running. I reduced my "hedge" of short EU on little dips today. Glad I did. 4H candle on EU bullish engulfed. Held the Silver.
I never had much luck on eu HS. Just being very cautious.
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