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  • #181
  • Jul 25, 2007 2:34am Jul 25, 2007 2:34am
Quoting linuxtroll
ROFL
=

(I had to Google it!)


FXS

Thanks for your daily posts, LT.
They're really helping!
  • #182
  • Jul 25, 2007 5:18am Jul 25, 2007 5:18am
LinuxTroll or someone else..... I have a problem with Oanda charts.
On my Pc I open Oanda trading station + 2 rainbow chart, but I cannot keep them open more than 1hour, after 1 hour they start to slow down untill they frozen and I should close Oanda trading station and reopen it.
When I reopen the TS it works good for another hour.
If it was a Pc RAM problem I should restart the pc, but I only need to restart Oanda.
Do you know how I can solve this problem?

Thanks!
  • #183
  • Jul 25, 2007 6:22am Jul 25, 2007 6:22am
Can't get second charts? No problem! Zoom in on your 1 minute charts and look for 1-2-3 as high probability reversal combined with LT MMA's. Do some screen time to find the perfect patterns, but mostly they are straight up and down and form with very few bars in 1 min charts.

Enjoy!
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 35 KB
  • #184
  • Jul 25, 2007 6:27am Jul 25, 2007 6:27am
Quoting italianfx
LinuxTroll or someone else..... I have a problem with Oanda charts.
On my Pc I open Oanda trading station + 2 rainbow chart, but I cannot keep them open more than 1hour, after 1 hour they start to slow down untill they frozen and I should close Oanda trading station and reopen it.
When I reopen the TS it works good for another hour.
If it was a Pc RAM problem I should restart the pc, but I only need to restart Oanda.
Do you know how I can solve this problem?

Thanks!
Hi italianfx, it could be a memory issue. Before launching oanda right click on the task bar and select task manager. Then go to the peformance tab and from there monitor memory usage before and during oanda usage.
By the way how much memory do you have. I have 512Meg and its way too small I have freezing with other charting packages. I will be upgrading to 2Gb at least. One more thing. When the oanda platform freezes do you experience excessive harddrive activity.
  • #185
  • Jul 25, 2007 6:49am Jul 25, 2007 6:49am
Hi Rainbow Pirate!

First of all, let me say that your charts and observations are highly interesting. I learn a lot from you.

As for the PC problem. Yesterday was my first day of "fulltime" watching the 5-10 sec charts and I experienced something like you described. After a considerable amount of time spent in front of my laptop, it suddenly got hotter and hotter, till it switched off (safety measure). I suppose it has something to do with the RAM, cause Oanda is webplatform and although the programmers did a great job, its capability of holding a lot of history data (5 sec charts) with rainbow together may slow down the system. Im writing it, because your post said that if it was RAM, you´d have to restart the PC/laptop. Not always true. Freeing up the RAM (when you restart the Trading Station) may help to clean up the RAM a bit, but you lose your "local chart history" - which means, that you may have been following the rainbow from the early morning, but when you log on back into your user account, you have only the default number of history bars displayed on your chart. They (Oanda) know why they dont have 1year 5min history back loaded each time you log on.
So..in my opinion, it´s definitely RAM issue. But it is just my opinion.
The second guess would be (always on option) ... are you using Windows?

Many pips to You

Bluefish
  • #186
  • Jul 25, 2007 7:19am Jul 25, 2007 7:19am
As a temporary measure you could try taking out every other ma, so if you have 88 mas spaced a 4 period increments, try using 44 spaced at 8 period increments, it will still be enough for you to see the rainbow and the effect but will cut down the calculations your system will have to do by half.

Just an idea.
  • #187
  • Jul 25, 2007 7:39am Jul 25, 2007 7:39am
TheOne, Bluefish and Scorpion thanks a lot for your help, yes I've 512 mb Ram, so it should be this the problem , I must update to at least 1 Gb.
  • #188
  • Jul 25, 2007 7:45am Jul 25, 2007 7:45am
Quoting Gazmanfx
Can't get second charts? No problem! Zoom in on your 1 minute charts and look for 1-2-3 as high probability reversal combined with LT MMA's. Do some screen time to find the perfect patterns, but mostly they are straight up and down and form with very few bars in 1 min charts.

Enjoy!


Very interesting, thanks for your charts!
  • #189
  • Jul 25, 2007 7:54am Jul 25, 2007 7:54am
Hi Alessandro, I use 2G and thinking about 8G...especially if I use Tradestation tick data. Here is my trades from today - I make some new setup, I use also Tradestation tick data and Rainbow setting 10,20,30...250 and it makes very good sense for trade decission. Tradestation data feed is faster than Oanda, so I have few seconds 1-2 to take the trade with Oanda. Totally 12 trades this afternoon(I am GMT +2) and from them 11 profittable, what a pitty that I was not able to close very quickly as I take profitable trades also the big looser.
Very good system I like it more and more. I spend hundreds of hours with Tradestation programming and I tested hundreds of systems. I traded also Futures and futures spreads(holding position 3-6 weeks..!?.) and also ER2. I do not know better system than Rainbow.
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  • #190
  • Jul 25, 2007 8:02am Jul 25, 2007 8:02am
And this is my Tradestation tick data setup.
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  • #191
  • Jul 25, 2007 8:05am Jul 25, 2007 8:05am
Congratulations Bruno!

I´m still in the learning phase and I want to thank you and everyone else contributing to this thread for their awesome effort when posting charts and observations. It really helps a lot!!!
I´m staring at the chart right now trying to find the rationale behind those trades. Trading those "bubbles" is still a mystery for me. Hopefully it will come to me later.

Bluefish

Trade safely
  • #192
  • Jul 25, 2007 8:06am Jul 25, 2007 8:06am
Quoting Bruno
Hi Alessandro, I use 2G and thinking about 8G...especially if I use Tradestation tick data. Here is my trades from today - I make some new setup, I use also Tradestation tick data and Rainbow setting 10,20,30...250 and it makes very good sense for trade decission. Tradestation data feed is faster than Oanda, so I have few seconds 1-2 to take the trade with Oanda. Totally 12 trades this afternoon(I am GMT +2) and from them 11 profittable, what a pitty that I was not able to close very quickly as I take profitable trades also the big looser.
Very good system I like it more and more. I spend hundreds of hours with Tradestation programming and I tested hundreds of systems. I traded also Futures and futures spreads(holding position 3-6 weeks..!?.) and also ER2. I do not know better system than Rainbow.
Attachment

Way to go Bruno, hopeyou will be the next rainbow millionaire ;-)
  • #193
  • Jul 25, 2007 8:17am Jul 25, 2007 8:17am
bluefish,

I have still big problems with discipline and overtrading. If I will stop trading(as Linux always said) this morning after trade no.2!!! I will earn ABSOLUTELY SAME money. Not necessary to be glued with Eizo monitors 9-12 hours a day... EFX will love my commissions....

Totally today nett 9 pips, my goal is consistently 5-10pips/day, I am still not consistent, but it is better and better. I had very bad Monday and last Friday, I am trying to NOT focus on one day, or one week, but on month or 3 months...
Wish you great trades!
Bruno
  • #194
  • Jul 25, 2007 8:36am Jul 25, 2007 8:36am
In a Galaxy of candles stands a lone 1-2-3 pattern which signals the change in trend. The MMA compliments the 1-2-3 pattern because you need a trend to trade the 1-2-3 and the MMA is the best indicator for that I have come across in 5 years trading. Thanks Linuxtroll.
Attached Image (click to enlarge)
Click to Enlarge Name: chart.jpg Size: 39 KB
  • #195
  • Jul 25, 2007 8:46am Jul 25, 2007 8:46am
Something about 1-2-3 formation.

Attachment
Attachment
Attached File(s)
File Type: pdf 1-2-3.pdf   76 KB | 1,590 downloads
File Type: pdf 1-2-3B.pdf   285 KB | 1,273 downloads
  • #196
  • Jul 25, 2007 8:50am Jul 25, 2007 8:50am
I have always had a problem with over trading and discipline and actually emptied my trading account 9 times because of it. Now I have a few systems on the go. All do not require either discipline or over trading.
Try backtesting your strategy as accurately as possible. Open up a spread sheet and track how many times a day your pattern appears, profit for each trade and stop loss. That way you can formulate a plan that does not require your discipline.
For example I just backtested a system manually and figured out that 10 pips (including spread) was the perfect target for my strategy. Some times my strategy would hit up to 40 pips and other time 1 pip. Most of the time it hit 10 pips. so now when my pattern happens I can put in my order for 10 pips and get back from the Gym 10 pips wealthier.
Just my opinion but scalping without a target is like picking up pennies around a bend on a railway track. You never no when the locomotive is going to steam round the corner and collect you
  • #197
  • Jul 25, 2007 9:32am Jul 25, 2007 9:32am
Quoting Gazmanfx
Try backtesting your strategy as accurately as possible.
why backtest when you can practice?
  • #198
  • Jul 25, 2007 9:40am Jul 25, 2007 9:40am
Hi Linuxtroll, as you know I have been hunting you down for some time now.
This thread is like a dream come through for me so I just wanted to say thanks.
This in my opinion is by far the best thread I have seen in a while.
Please keep up the good work.
  • #199
  • Jul 25, 2007 9:44am Jul 25, 2007 9:44am
Hi Bruno,
are you running WinXp 64bit version. The regular 32bit version of WinXp will only handle a little over 3GB.
  • #200
  • Jul 25, 2007 11:32am Jul 25, 2007 11:32am
Quoting TheOne
Hi Linuxtroll, as you know I have been hunting you down for some time now


Welcome 1!

FXS
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