Thank you Eagle, very interesting.
But your last two graph are not very clear.
Why don't you write in italian and let translate in english someone of us that knows well the two languages??
Have a good trip
Thanks...Now, go have fun in Tunisia!
Thanks...Now, go have fun in Tunisia!
- #242
- Jul 20, 2007 8:27am Jul 20, 2007 8:27am
- Joined Apr 2006 | Status: Trader | 4,301 Posts
Yes...Eagle, if you wish to put your thoughts into Italian, I can have your words translated into English very quickly. Then, we might not lose something becasue of the language barrier. Let me know your thoughts about the idea. Also, I am sure that many of us are interested in your latest post about about "tendency". You are obviously very talented and it should not be your responsiblitiy to learn English when you are the one sharing the advice.
Thanks...Now, go have fun in Tunisia!
Check his post #233.
hello eagle!
todady was the first time i tested your indicator and get
but now i have another question
how do i set up the indicator of tendency??
thanks for any answer
sweety78901
May I ask you to show me what you did? What inputs did you use and what broker's data feed do you use? Perhaps you might have a "screen shot"?
Chart "1" is uses 4 to 7 GMT inputs and Chart "2" uses 5 to 8 GMT inputs. Red lines define the start of the long and short breakout areas and another red line shows the maximum movement of price.... it does not appear to make 10 pips + spread.
Thanks for your help, maybe I am doing something wrong?
He wrote in Italian.
Check his post #233.
I will have my colleague translate it by noon (EDT) today and I will post the result.
Also, you mentioned that you might do some back testing to see about the best inputs to use (the original 5 to 8 GMT or 4 to 7 GMT). I found someone who has "tradestation" and this weekend we will attempt to also back test the data.
Maybe we can compare notes on Monday?
Thanks
- #246
- Jul 20, 2007 8:51am Jul 20, 2007 8:51am
- Joined Apr 2006 | Status: Metatrader Programmer | 1,422 Posts
breakout dalle 06:00 alle 09:00. a chiusura breakout immettere gli ordini in acquisto dall'alto della scatola e in vendita dal basso della scatola. target profit 10 pips + spread, stop loss? io non ne uso perche' immetto minilotti da 0.02/0.03 quindi la perdita non e' alta ma considerando il sistema vado sempre in profitto. per lo stop loss sto' preparando un indicatore di tendenza cosi' possiamo immettere solo un ordine per valuta o alto o basso.
scusate ma devo scrivere in italiano .
tanti guadagni per tutti
eagle
Breakout from 6:00 to 9:00
When the box is formed put a buy order outside the higher side of the box and a sell order outside the lower side of the box. Target profit 10 pips + spread, losses aren't so high and taking care about this system I'm quite always in profit. To handle the stoploss I'm working on an indicator so that we can only put only one order (a buy or sell at a time).
I know my english isn't so much good, hope this is better than Babelfish
Anwyay I will try to keep in touch with Eagle to speak about his trading method so that we can reorganize in more readible way the thread.
Per Eagle : Ehi Eagle sentiamoci via Skype così mi spieghi un pò tutto come funziona il tuo metodo e vediamo di sistemare tutto e fare capire a tutti come utilizzarlo.
ciao ciao
Skyline
- #247
- Jul 20, 2007 8:54am Jul 20, 2007 8:54am
- Joined Apr 2006 | Status: Trader | 4,301 Posts
Thanks Billbss,
I will have my colleague translate it by noon (EDT) today and I will post the result.
Also, you mentioned that you might do some back testing to see about the best inputs to use (the original 5 to 8 GMT or 4 to 7 GMT). I found someone who has "tradestation" and this weekend we will attempt to also back test the data.
Maybe we can compare notes on Monday?
Thanks
- #248
- Jul 20, 2007 9:06am Jul 20, 2007 9:06am
- Joined Apr 2006 | Status: Trader | 4,301 Posts
Here we go with the translation
Breakout from 6:00 to 9:00
When the box is formed put a buy order outside the higher side of the box and a sell order outside the lower side of the box. Target profit 10 pips + spread, losses aren't so high and taking care about this system I'm quite always in profit. To handle the stoploss I'm working on an indicator so that we can only put only one order (a buy or sell at a time).
I know my english isn't so much good, hope this is better than Babelfish
Anwyay I will try to keep in touch with Eagle to speak about his trading method so that we can reorganize in more readible way the thread.
Per Eagle : Ehi Eagle sentiamoci via Skype così mi spieghi un pò tutto come funziona il tuo metodo e vediamo di sistemare tutto e fare capire a tutti come utilizzarlo.
ciao ciao
Skyline
Thank you!
to skygod!
eur/jpy
i entered the trade at 168.52 and the break out goes to 168.39 - i entered a buy option at 168.42 ( these are the prices inclued already the spread of 2 pips ).
i put a stopp loss at the end of the other side of the breakout box because i saw that when the price break out in one direction and did not get the 10 pips for the first time it is very likely that it will break the next time.
i don´t know how to create and set up an screen shot.
i already make 10 pips with usd/jpy but i have set the time for the boxes to 6 - 9 gmt for these curreny pair
hope this answer help you
eur/jpy
i entered the trade at 168.52 and the break out goes to 168.39 - i entered a buy option at 168.42 ( these are the prices inclued already the spread of 2 pips ).
i put a stopp loss at the end of the other side of the breakout box because i saw that when the price break out in one direction and did not get the 10 pips for the first time it is very likely that it will break the next time.
i don´t know how to create and set up an screen shot.
i already make
10 pips with usd/jpy but i have set the time for the boxes to 6 - 9 gmt for these curreny pairhope this answer help you
- #251
- Edited 10:08am Jul 20, 2007 9:57am | Edited 10:08am
- Joined Apr 2006 | Status: Trader | 4,301 Posts
to skygod!
eur/jpy
i entered the trade at 168.52 and the break out goes to 168.39 - i entered a buy option at 168.42 ( these are the prices inclued already the spread of 2 pips ).
i put a stopp loss at the end of the other side of the breakout box because i saw that when the price break out in one direction and did not get the 10 pips for the first time it is very likely that it will break the next time.
i don´t know how to create and set up an screen shot.
i already make
hope this answer help you
. The difference in our results is becasue of the differnce in times that we use in the input section of the indicator. I was using 5 to 8 GMT and I see that you are using 6 to 9 GMT. Perhpas the Euro and Pound based currencies require there own time frames? If I used the 5 to 8 GMT inputs on this pair (E/J), I would have had a lose. Thanks again!BTY... To do a "screen shot", using MT4, simply click "file" in the upper left of the platform and then click on "save as a picture"....it will safe as a gif file.
Hope this helps.
Here we go with the translation
Breakout from 6:00 to 9:00
When the box is formed put a buy order outside the higher side of the box and a sell order outside the lower side of the box. Target profit 10 pips + spread, losses aren't so high and taking care about this system I'm quite always in profit. To handle the stoploss I'm working on an indicator so that we can only put only one order (a buy or sell at a time).
I know my english isn't so much good, hope this is better than Babelfish
Anwyay I will try to keep in touch with Eagle to speak about his trading method so that we can reorganize in more readible way the thread.
Per Eagle : Ehi Eagle sentiamoci via Skype così mi spieghi un pò tutto come funziona il tuo metodo e vediamo di sistemare tutto e fare capire a tutti come utilizzarlo.
ciao ciao
Skyline
ciao paesano,anche oggi la giornata e' stata meravigliosa in tante valute.
allora il mio skype e' forex64 ,domani sono in tunisia e ci sentiamo tra una settimana,tanto il viaggio lo paga...FOREX!!!!EH EH EH
Here we go with the translation
Breakout from 6:00 to 9:00
When the box is formed put a buy order outside the higher side of the box and a sell order outside the lower side of the box. Target profit 10 pips + spread, losses aren't so high and taking care about this system I'm quite always in profit. To handle the stoploss I'm working on an indicator so that we can only put only one order (a buy or sell at a time).
I know my english isn't so much good, hope this is better than Babelfish
Anwyay I will try to keep in touch with Eagle to speak about his trading method so that we can reorganize in more readible way the thread.
Per Eagle : Ehi Eagle sentiamoci via Skype così mi spieghi un pò tutto come funziona il tuo metodo e vediamo di sistemare tutto e fare capire a tutti come utilizzarlo.
ciao ciao
Skyline
Breakout from 06:00 to the 09:00. At closing, breakout to place the purchase orders from the high of the “box” (I am thinking “range”) and sale order from the bottom of “box” - target profit 10 pips + spread, stop loss? I do not use it because I place mini lots from 0.02/0.03 therefore the loss is not high, but considering the system I always “go in profit” (he usually wins??). For the stop loss I am preparing a trend indicator, thus (so that) we can place only an order for currency either high or low.
Please excuse me, but I must write in Italian. Many gains for all!
Have a great weekend all!
