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Automated Trading

  • #21
  • Jul 17, 2024 10:49am Jul 17, 2024 10:49am
Everyone, please message twee here, who's the Forex Factory moderator, to get this thread removed from the commercial section:

https://www.forexfactory.com/twee


blam

Quoting seller9
It would be nice if we could get this thread moved out of Commercial and into Trading Systems as everything here is free and has not been commercialized. Without the inputs from many more traders it will go no where and may just come to a quick end. I feel I am talking to myself.
  • #22
  • Jul 17, 2024 11:05am Jul 17, 2024 11:05am
This is one of the automated trading strategies I am working On.

All comments are welcome.

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  • #23
  • Jul 17, 2024 11:11am Jul 17, 2024 11:11am
If anyone has a sure fire money making strategy they would like to automate and share with the rest of the forum, please post it and give a step by step explanation of how you trade it.
  • #24
  • Jul 17, 2024 11:29am Jul 17, 2024 11:29am
Same idea:

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  • #25
  • Edited 12:06pm Jul 17, 2024 11:50am | Edited 12:06pm
Quoting seller9
This is one of the automated trading strategies I am working On. All comments are welcome. {image}
Hi Gene I think it looks like a good srategy, breaking through resisitance, waiting for candle to close above, waiting for the pull backs on an upward trend and I looked at the exit, and if you look at the weekly it is also a turning point, a lot of resistance there. The MACD is at the top so could drop there.
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Its quite uncanny how the pivit lines also match yours, I am a fan of pivots and wondered if a strategy could be fashioned on this as well.
  • #26
  • Jul 17, 2024 12:08pm Jul 17, 2024 12:08pm
Quoting seller9
{quote} I requested it be moved as everything is free but have not seen any reply. There is nothing commercial about it. I wanted to get out of the commercial section so we could get more traders to join. Maybe someone else can drop a note to the administrator of Forex. I tried to create this new forum out of the commercial section but was blocked.
Twee has received my note urging him to move your forum from the Forex Factory Commercial section to the free Trading Systems location.

Thank you blamshakk for providing the link.

//////////
  • #27
  • Jul 17, 2024 12:17pm Jul 17, 2024 12:17pm
Hi Gene The button on the strat man BYO doesnt seem to be working, I press it down but it doesnt come up.
  • #28
  • Jul 17, 2024 12:30pm Jul 17, 2024 12:30pm
Quoting stevelacoste
Hi Gene The button on the strat man BYO doesnt seem to be working, I press it down but it doesnt come up.
What button?
  • #29
  • Jul 17, 2024 12:34pm Jul 17, 2024 12:34pm
Quoting seller9
{quote} What button?
sorry snap button, cant find it in snap images
  • #30
  • Jul 17, 2024 12:52pm Jul 17, 2024 12:52pm
Great, what did he say when he acknowledged receipt of your message? Did he give an approximate timeframe to review the request before he'll confirm?
For what it's worth he hasn't messaged me back

blam

Quoting eagle85
{quote} Twee has received my note urging him to move your forum from the Forex Factory Commercial section to the free Trading Systems location. Thank you blamshakk for providing the link. //////////
  • #31
  • Jul 17, 2024 2:44pm Jul 17, 2024 2:44pm
Quoting stevelacoste
{quote} sorry snap button, cant find it in snap images
HA HA
Sorry, forgot to connect it up, will fix it when the next version comes out>
  • #32
  • Jul 17, 2024 3:29pm Jul 17, 2024 3:29pm
Quoting stevelacoste
{quote} Hi Gene I think it looks like a good srategy, breaking through resisitance, waiting for candle to close above, waiting for the pull backs on an upward trend and I looked at the exit, and if you look at the weekly it is also a turning point, a lot of resistance there. The MACD is at the top so could drop there. {image} Its quite uncanny how the pivit lines also match yours, I am a fan of pivots and wondered if a strategy could be fashioned on this as well.
Can you post a step by step pivot strategy?
  • #33
  • Jul 18, 2024 7:50am Jul 18, 2024 7:50am
Quoting seller9
{quote} Can you post a step by step pivot strategy?
Hi Gene this is not my strategy but if you can make sense of it, could this work?
https://www.forexfactory.com/thread/...-pivot-trading
How to trade pivots
We trade weekly Fib Pivots Zone 61-100 usually areas where swings fail and you can counter trade or trade with the trend.Works both ways
Weekly Pivots are equilibrium creating bias below sell above buy.I usually trade 61-100 however have made trades above or below WP
As price travels progressively away from weekly pivot it becomes more likely to go into correction.
61 S/R key zone 78R/S is Scott Carney's last chance for reversal (spikes stops taken before reversal) 100R/S another major zone.
Should price smash 100 S/R then you are in strong trend supported by fundamentals.
Watch PA its the queen (chess analogy) !I prefer to see minimum 15-30 min candles red or green before entering a trade however this is aggressive and I have years of experience and more conservative approach is wait for 1hr to h4 candles.You may lose some pips waiting out but could also save you pips by not getting in early.
  • #34
  • Edited 11:22am Jul 18, 2024 10:40am | Edited 11:22am
Auto?Manual Combination using BOL and BOS lines:

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  • #35
  • Jul 18, 2024 11:15am Jul 18, 2024 11:15am
Any Thoughts on these:
Auto/Manual setup combination maybe:
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  • #36
  • Jul 18, 2024 2:07pm Jul 18, 2024 2:07pm
Here is a suggestion on how to do an Automated Manual Trade setup;
Be sure Strat-Man is in the Manual Mode position:
This is just a procedure to use and does not suggest you take this trade:

Step 1: Look through the charts and find an interesting chart with a trade possibility.
This one has a consolidation area forming.
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Step 2:
Check for Support and Resistance areas.
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Step 3: In this case since we are not 100% sure which way it will go add BOL and BOS Lines.
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Step 4: If you want you can now add TP lines. You can use fibs or Support or Resistance areas or a pip distance to place these.
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Step 5: You can also add a Trailing Stop Loss if you want to. You can adjust the size with the <> buttons. This TSL will only appear when the trade opens.
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Step 6: Be sure to have the Manager set up properly to accept a trade if sent by the Strat-Man.
Step 7: Now you can go do other things and let the computer do the work.

Notes;
The TP and TSL can be turned on even after the trade has opened.
In Manual Mode the Manager will only take one trade then you need to reset the Strat-Man and set up your next Manual Trade. The 1 CY button does not work in Manual Mode.
You can add to the trade once open if you like by clicking the Buy or Sell button depending on the type of trade that is open.
If you want to use Marty he needs to be turned on before the trade is opened.
Get Out can only be turned on during an open trade and it needs to be in draw down. Sometimes you get into a ranging trade and you just want to get out of it pops positive for a tick, it will then close the trade.
If you just want to end the trade click the Exit Button.
If you reset the Strat-Man while a trade is open everything will be reset.
The computer must remain on for any of this to work.
  • #37
  • Jul 18, 2024 3:40pm Jul 18, 2024 3:40pm
Hi Gene just tried to place a third sell trade on the EURCAD and strat man wont take it. In manual mode.
  • #38
  • Jul 18, 2024 5:20pm Jul 18, 2024 5:20pm
Dear Gene.

TSL and EXIT don't seem to work on BYOv5.
Also, could you please insert the Equities Lock feature in the manager?

Best Regards.
  • #39
  • Jul 18, 2024 6:06pm Jul 18, 2024 6:06pm
Quoting JimmyPark
Dear Gene. TSL and EXIT don't seem to work on BYOv5. Also, could you please insert the Equities Lock feature in the manager? Best Regards.
Auto or manual mode?
What do you mean by equities lock?
  • #40
  • Jul 18, 2024 6:13pm Jul 18, 2024 6:13pm
Quoting stevelacoste
Hi Gene just tried to place a third sell trade on the EURCAD and strat man wont take it. In manual mode.
Works for me, check your log.
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