DislikedI forgot the name of this SR indi, could you please post it?
I mean indicator not the nameIgnored
Attached File(s)
Support and Resistance (Barry).mq4
2 KB
|
390 downloads
Forex Trend Catcher EA 721 replies
trend catcher fib ea 5 replies
Early Trend Catcher Part2 46 replies
Early Trend Catcher 31 replies
Trend Catcher 5 replies
DislikedI forgot the name of this SR indi, could you please post it?
I mean indicator not the nameIgnored
DislikedWould be much profit a script for MetaTrader that closes half automatically position to the attainment of 20pips, and moves in automatic the stop loss to the B\E...
It considers also the fast movements of the G\J..
The someone has one similar script.?Ignored
DislikedHey, good morning groggy Doggy!
Smooth trade this morning and also a fine move to stay out of the one discussed here later on! Hope you are fine! :
G'Morn
GnatchIgnored
DislikedHola Gnat!
Good morning to you! Yes, the trades have been good - especially the ones I stayed out of.
Hope you are well,
DogstylerIgnored
DislikedHallo Alby!
Please read here: #781
Then find the EA in post 784 by finnfx. Just put this on an extra chart of the same currency and you can go from there!
Best Wishes!
Gnat
EDIT: Just enclosed it to ease the processIgnored
DislikedThanks a lot for the file. Sorry me but I don't unterstand an full english language ..
How I must set up it the EA in order to make so that after twenty pips it moves the stop to the B\E? Thanks a lot.Ignored
DislikedWolfeman,
It gets me in the trade earlier which, coupled with my use of EFX as a broker (low spreads) allows me to close out part of my position at 20 pips profit and moving my stop to BE much earlier.
Good trading to all!
NOFXIgnored
DislikedOK... please look at the pictures of the settings posted in #781:
On the COMMON tab you just copy the settings there.
On the INPUT, you define your First_Target to be 20.
Trget_Incement may be 20 again so you will take profit EVERY 20 PIPS. (20,40,60,...) until you run out of lots.
Close_Lots you set to a number of lots (0.25 or 0.5 or 2 or 20) that represent the part of your trade, you want to close after each 20 pips.
example:
Full position: 4 Lots
TP: 20: 1 Lot, 40: 1 Lot, 60: 1 Lot, 80: 1 Lot.
For the moving of STOPS to BE:
First_Stop_Target: 20 => First_Stop: 1 (will move your Stop to 1 as your TP is reached)
Second_Stop_Target: 40 => Second Stop: 10 or 20
Third_Stop_Target: 60 or 80 => Third Stop: 30 or 40 or whatever
Max Loss Function:
If you leave Use_Max_Loss at true, you can define a SL e.g. 40
Hope you understand. Otherwise we will try to have it translated to you. Any language other than Italian?
Greetz
GnatIgnored
DislikedNOFX,
Hey. Wanted to shoot you a quick question on trading with EFX while using MT4 for charts. Do you have many conflicts with the bid/ask differences on both the platforms since you shoot for an initial t/p of 20?
I too am looking to manual trade the G/Y on 15 but would like the lower spreads to go along. But as far as charting, MT4 is the way to go. I just do not know how much the information on the MT4 broker differs from the EFX information and it caused any trouble? Thanks.
Adam HefnerIgnored
DislikedNofx
Would you have taken this trade or wait till it breaks support?
Open at 224.05, right now its at 224.52.Ignored
DislikedHi ET!
No, I did not take that trade and you hit upon the reason quite nicely. As you can see price has been dancing off the S1 and in that area so I would like to see a break of that level. Just look at the last several hours on the 15 min chart and you can see the bounces. I think I am pretty much done for the week. I see no reason to enter another trade in choppy market conditions when I have already exceeded my pip quota for the week.
Good trading to you ET,
NOFXIgnored
Disliked
Exceeding the pip-quota of the week! This sounds really good! Hope your Dragon does appreciate this in order to sack her boss in the near future!
Have fun with the family on the weekend!
Ersma!
GMAttIgnored
DislikedHi ET!
No, I did not take that trade and you hit upon the reason quite nicely. As you can see price has been dancing off the S1 and in that area so I would like to see a break of that level. Just look at the last several hours on the 15 min chart and you can see the bounces. I think I am pretty much done for the week. I see no reason to enter another trade in choppy market conditions when I have already exceeded my pip quota for the week.
Good trading to you ET,
NOFXIgnored
DislikedHi Adam!
I have not really experienced any problems with the different charts/platforms. I use MT4 for charting and EFX for a broker and I always just take the trading signals straight from MT4 and broker be damned - lol.
Thing is it works out fine because EFX has such a small spread that I make my 20 pips with ease in most cases. After that it is up to the individual to monitor the trade.
Hope this helps Adam,
NOFXIgnored