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  • #721
  • Feb 6, 2024 4:17am Feb 6, 2024 4:17am
Quoting tommydoginti
{quote} I like TradingView because it is so mobile friendly in chart analysis and alert setting.
I find it most effective in placing alerts. Though five is too little.
Trading is very lonely
  • #722
  • Feb 6, 2024 4:21am Feb 6, 2024 4:21am
Quoting Islandfx911
{quote} Hi T, Thanks for the advice. I use limit orders if the wick creates a SL > 10 Pts as 10 Pts is my max SL size. All other orders I enter at market. I am planning on just trading the Asian session from now on so I only spend 1.5hrs trading a day. I may look into alerts as it could work for me. Thanks again for your consideration Regards Rob
I see. There you have a very well defined criteria in wick size. Also there are already the price levels you have plotted on the chart.

Besides alerts can keep track of the market for you, it can also be aiding your trade plan. For example, setting a “wick size >10pips” alert as you are waiting for it. You can be staying at the chart yourself, but the alert can do the calculation for you much faster should a wick >10 pips is formed.

IMO, many say trading is a business. Then as a business owner, you can either do run it yourself as one-man-band, or set up a business system and hire people (tools) to work for you. It also does not defect your purpose of “no indicator” as they do not draw on the charts.

trade well and take care
  • #723
  • Feb 6, 2024 4:26am Feb 6, 2024 4:26am
Quoting luckytujuh
{quote} I find it most effective in placing alerts. Though five is too little.
Hi Luckytujuh,

Last post on alert unless Rob agrees.

My solution is to code an alert with multiple conditions with alert(). For example,

1. if you need 6 price level alert on a pair, code a tool which it detects 6 price values. That is 1 tool, 1 alert on TV
2. if you want to monitor multiple pairs, code a monitor. It is also just 1 tool, 1 alert on TV
3. For Rob’s situation, also can integrate the Price Level and wick size >10pips into one alert tool, also 1 tool 1 alert on TV

The alert () also allows customisation of notification text, such as “price hit 3rd level”, or “XAUUSD meets condition” even with multiple trigger conditions

same for MT4/5
  • #724
  • Feb 6, 2024 5:10am Feb 6, 2024 5:10am
Quoting luckytujuh
{quote} I find it most effective in placing alerts. Though five is too little.

there is no such limits in MT4/MT5.

there are multiple alerts you can code in mql4/mql5

you need a professional coder for your trading business not any hobby programmer.

Example:

Inserted Video
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #725
  • Feb 6, 2024 6:25am Feb 6, 2024 6:25am
Quoting emmanuel7788
{quote} there is no such limits in MT4/MT5. there are multiple alerts you can code in mql4/mql5 you need a professional coder for your trading business not any hobby programmer. Example: https://youtu.be/uCXPw5OUz6g

I know there are no limits in mt4/5 but that applies for pc only. But for mobile. Mt5 hasnt introduced any possibilites of ea. So when u are always outside. U dont want to be like watching the phone all the time.
Trading is very lonely
  • #726
  • Feb 6, 2024 6:35am Feb 6, 2024 6:35am
Quoting emmanuel7788
{quote}you need a professional coder for your trading business not any hobby programmer.
You need someone that can make what you need, and that person can be yourself. You certainly don't need a "professional coder" to make a couple of indicators or EAs.
NinjaTrader/cTrader Coder, @backtested on telegram
  • #727
  • Edited 9:00am Feb 6, 2024 7:34am | Edited 9:00am
Keeping it short today with a short Currently running

Update: Added another AU entry, SL using what was shared on post #698

Update 2: stopped out on gold but we don’t sweat because we bagged a 7.5R on AU, took 50% partials and left the runner to the daily swing resistance marked in yellow which I took another 30%, remaining 20% to TP at the 4hr key level marked in pink. SL shifted to 7.5R for runners
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  • #728
  • Feb 6, 2024 10:06am Feb 6, 2024 10:06am
USD/JPY
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  • #729
  • Feb 6, 2024 10:21am Feb 6, 2024 10:21am
Good afternoon ! Please tell me why the deal was closed at this level? Why didn't they keep it on?
  • #730
  • Feb 6, 2024 10:37am Feb 6, 2024 10:37am
Quoting Genkat
USD/JPY {image}
h1 showed a much clearer sell set up during new york session.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #731
  • Feb 6, 2024 6:59pm Feb 6, 2024 6:59pm
UJ Feb07

- Monthly level 148.75
- Weekly big candle high 148.80

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- Monday 'rejected' both

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H1 'empty space'

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #732
  • Feb 6, 2024 8:54pm Feb 6, 2024 8:54pm
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Your trade order needs to be in the right place at the right time.
  • #733
  • Feb 7, 2024 2:26am Feb 7, 2024 2:26am
Quoting Inthebox
{quote} h1 showed a much clearer sell set up during new york session. {image} {image} {image}
So, I was checking out the trendline, but whoa, I totally missed that drop! It happened so fast! Gotta keep my eyes peeled next time.
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The scent of a rose will always stay on the hand of the giver.
  • #734
  • Feb 7, 2024 2:44am Feb 7, 2024 2:44am
Quoting emmanuel7788
UJ Feb07 - Monthly level 148.75 - Weekly big candle high 148.80 {image} - Monday 'rejected' both {image} H1 'empty space' {image} ...

just a possibility

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...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #735
  • Feb 7, 2024 3:26am Feb 7, 2024 3:26am
I put a comparison of what approach I use to trade with a line chart of the OP.
Need more work my end to appreciate and gain confidence in setting out levels on a line chart but well worth it I feel. Just my thoughts on a work in progress for me.
Price seems to bounce off the level or turn ( not every time of course) but the area always has your attention in case of reactions.
It's the OP's way of drawing levels that interest me. If I have made a mistake let me know. If my post is not in accordance with this thread I will cease posting.
Anyway - great thread and food for thought.
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every Saint has a past. Every Sinner has a Future
  • #736
  • Feb 7, 2024 4:37am Feb 7, 2024 4:37am
Quoting turnip15
I put a comparison of what approach I use to trade with a line chart of the OP. Need more work my end to appreciate and gain confidence in setting out levels on a line chart but well worth it I feel. Just my thoughts on a work in progress for me. Price seems to bounce off the level or turn ( not every time of course) but the area always has your attention in case of reactions. It's the OP's way of drawing levels that interest me. If I have made a mistake let me know. If my post is not in accordance with this thread I will cease posting. Anyway -...
Hi T,
What time frame is that?
Your trade order needs to be in the right place at the right time.
  • #737
  • Edited 5:36am Feb 7, 2024 5:24am | Edited 5:36am
Quoting turnip15
I put a comparison of what approach I use to trade with a line chart of the OP. Need more work my end to appreciate and gain confidence in setting out levels on a line chart but well worth it I feel. Just my thoughts on a work in progress for me. Price seems to bounce off the level or turn ( not every time of course) but the area always has your attention in case of reactions. It's the OP's way of drawing levels that interest me. If I have made a mistake let me know. If my post is not in accordance with this thread I will cease posting. Anyway -...
Hi T,
I have replicated your chart and to be brutally honest it looks like spaghetti. I don't know how you could get a reliable entry.
I take it you are looking at a close above or below moving averages for entries.
I really think you could benefit by stripping away the MA's and focus on levels.
Take a look at the charts below. I struggle to see how you trade your chart.
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I can help you with a DAX strategy using my system if you want to.
Your trade order needs to be in the right place at the right time.
  • #738
  • Feb 7, 2024 5:34am Feb 7, 2024 5:34am
Quoting Islandfx911
{quote} Hi T, I have replicated your chart and to be brutally honest it looks like spaghetti. I don't know how you could get a reliable entry. I take it you are looking at at a close above or below moving averages for entries. I really think you could benefit by stripping away the MA's and focus on levels. Take a look at the charts below. I struggle to see how you trade your chart. {image} I can help you with a DAX strategy using my system if you want to.
This is how I would trade the DAX
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Your trade order needs to be in the right place at the right time.
  • #739
  • Edited 6:15am Feb 7, 2024 5:58am | Edited 6:15am
Quoting turnip15
I put a comparison of what approach I use to trade with a line chart of the OP. Need more work my end to appreciate and gain confidence in setting out levels on a line chart but well worth it I feel. Just my thoughts on a work in progress for me. Price seems to bounce off the level or turn ( not every time of course) but the area always has your attention in case of reactions. It's the OP's way of drawing levels that interest me. If I have made a mistake let me know. If my post is not in accordance with this thread I will cease posting. Anyway -...
m1 is not for just any traders. it is a very high risk trade.
no need for MA to tell me the direction.
the H1 chart already telling the direction way before the MA turned down.
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ITB - Seeing Orderliness amongst 'Randomness'
  • #740
  • Feb 7, 2024 6:17am Feb 7, 2024 6:17am
Quoting Inthebox
{quote} m1 is not for just any traders. it is a very high risk trade. no need for MA to tell me the direction. the H1 chart already telling the direction way before the MA turned down. {image} {image} {image}
Hi ITB, may i ask what is V and what is A?
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