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  • #721
  • Nov 20, 2007 10:15am Nov 20, 2007 10:15am
...............and another thing ,US/NY session sucks. If you want to be successful, you NEED to trade anytime other than US/NY.

There, that is my tip for the year!
Robonacci com
  • #722
  • Nov 20, 2007 10:21am Nov 20, 2007 10:21am
Quoting SKUNNY
That's why you need an idea that doesn't need intuition Don't give up Bo, many institutions trade without intuition. You need to eliminate indicators and use tools. But........if you want to give up, so be it, I'll have to try to do it all my self . But I'm not going to give you a copy So there!

Believe it or not there are successful EA's out there. The problem is, the one's that work aren't shared here. I would hate to think if I came up with a great EA and gave it to the world, what evildoers would do with the cash.

In a way, by others not sharing their gold mine with any fool out there,they are doing their part to save the world. I want to do my part by doing the same thing
Dont get me wrong im not against EA's, I still play with the code of mine trying to teach it Fibonacci...no indicators are used!. I feel for the most part the larger financial institutions and banks are trading with EA's they are just simply unavailable to the general public..Me give up you know better than that.
  • #723
  • Nov 20, 2007 10:33am Nov 20, 2007 10:33am
Quoting Bobokus
Dont get me wrong im not against EA's, I still play with the code of mine trying to teach it Fibonacci...no indicators are used!. I feel for the most part the larger financial institutions and banks are trading with EA's they are just simply unavailable to the general public..Me give up you know better than that.
Did I forget to use this icon ? This is the sarcastic icon, for those that don't know....lol. I know you don't give up on anything you silly,silly little man.
Robonacci com
  • #724
  • Nov 20, 2007 10:44am Nov 20, 2007 10:44am
Quoting SKUNNY
Did I forget to use this icon ? This is the sarcastic icon, for those that don't know....lol. I know you don't give up on anything you silly,silly little man.
If you cant get any help getting the EA you have in mind programmed Skype me tonight and I'll give it a shot for ya.
  • #725
  • Nov 20, 2007 10:55am Nov 20, 2007 10:55am
Quick question for ya (or anyone else), can an ea draw itself fibs based on high/lows (maybe from a zig zag) and from those levels filter itself with specific Gann line projection calculations? And take breaks of those levels?

I have no idea if it can even be programed or not.....remember I'm an idiot!
Robonacci com
  • #726
  • Nov 20, 2007 11:10am Nov 20, 2007 11:10am
Quoting SKUNNY
Quick question for ya (or anyone else), can an ea draw itself fibs based on high/lows (maybe from a zig zag) and from those levels filter itself with specific Gann line projection calculations? And take breaks of those levels?

I have no idea if it can even be programed or not.....remember I'm an idiot!
Yes the hard part of that would be programming the zigzag depth/deviation and how sensitive to the different waveforms you need it to be, drawing the fibs from those high and low points can change quickly especially during ranging periods the other hard part is setting the Gann line to the correct angle over time for the time frame its being used on.May work better on timeframe of say 4hour better than the faster timeframes.1hour maybe.Then trying to set a entry and exit logic for all that.Whew ...you dont ask for much da ya.
  • #727
  • Nov 20, 2007 11:19am Nov 20, 2007 11:19am
Quoting Bobokus
Yes the hard part of that would be programming the zigzag depth/deviation and how sensitive to the different waveforms you need it to be, drawing the fibs from those high and low points can change quickly especially during ranging periods the other hard part is setting the Gann line to the correct angle over time for the time frame its being used on.May work better on timeframe of say 4hour better than the faster timeframes.1hour maybe.Then trying to set a entry and exit logic for all that.Whew ...you dont ask for much da ya.
LOL! yeah it would need to be on 1hr or 4hr but the trades are nearly 95+% hitting the take profit before the stop. I'm just getting too old to watch charts all day and night and there are many pairs. I suppose, I could train and hire a few people to watch all the currencies for me, then I wouldn't need an EA, but then they would know everything and go trade for themselves. I would have the EA only take the most filtered trades but even if it takes all the trades, it is still pretty good.
Robonacci com
  • #728
  • Nov 20, 2007 11:23am Nov 20, 2007 11:23am
Quoting Bobokus
I still play with the code of mine trying to teach it Fibonacci...
I think I just decided my next project.

I do think I could write something that understands fib and I think if I can get past all this labor right now and find free time, I will start looking into how to code for EAs (by finding samples of anything just to get the syntax and capabilities) and then start plugging in some calculations and rules. I bet it could work.

I've completed Nov 1 thru 20 swing testing. Now I have to proof read it and see if I've messed up the logic in the beginning days after learning something near the end. I feel much better about this edition if I don't find any stupid logic errors now.
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #729
  • Nov 20, 2007 11:27am Nov 20, 2007 11:27am
Quoting Thexder
I think I just decided my next project.

I do think I could write something that understands fib and I think if I can get past all this labor right now and find free time, I will start looking into how to code for EAs (by finding samples of anything just to get the syntax and capabilities) and then start plugging in some calculations and rules. I bet it could work.

I've completed Nov 1 thru 20 swing testing. Now I have to proof read it and see if I've messed up the logic in the beginning days after learning something near the end. I feel much better about this edition if I don't find any stupid logic errors now.
Alright! let me or Bo know what you need to get started, Bo has every indicator made, I'm sure. He likes to look at the codes and mess around with'em.
Robonacci com
  • #730
  • Nov 20, 2007 11:30am Nov 20, 2007 11:30am
Is there some sort of easy getting started guide on EA programming too, I don't even know what they can do in terms of...if I want to have a visual signal on the chart when conditions are met...what can I do..etc.

I can pick up the syntax from hacking examples but it'd be nice to know what is possible too.
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #731
  • Nov 20, 2007 11:42am Nov 20, 2007 11:42am
Hi Thexder,
Yes, there is! you can find an excellent tutorial at this link http://www.forexfactory.com/showthread.php?t=6011
If you want further examples, articles, etc., check these sites:
http://www.strategybuilderfx.com
http://www.metaquotes.net
All the best, xrbor
  • #732
  • Nov 20, 2007 11:47am Nov 20, 2007 11:47am
Quoting Thexder
Is there some sort of easy getting started guide on EA programming too, I don't even know what they can do in terms of...if I want to have a visual signal on the chart when conditions are met...what can I do..etc.

I can pick up the syntax from hacking examples but it'd be nice to know what is possible too.
Largest source is probobly mql4. com , Just google or search it.
You can open the editor from the platform to go there as well, just at the bottom of the editor click on the (online library )and when you select anything from the list of ea's and indicators there it takes you to the website.
  • #733
  • Nov 20, 2007 7:03pm Nov 20, 2007 7:03pm
This is my re-traded November notes done today with my latest thinking. I believe it went better than expected. If I didn't sabotage myself and curve fit any "decisions" made while working through the charts, I didn't see a single failed trade, although I don't have any idea what the pip count would be for the successes.

I just moved the fibs around and took pictures. I like this iteration best so far. I hope the alignment of pictures against text isn't all wrong now, I had document formatting and pdf printing issues and had to go thru all the pages again spacing things out for some reason so I hope the right stuff is in the right place.
Attached File(s)
File Type: pdf Fibonacci Breakout Trade Notes November 2007.pdf   488 KB | 1,650 downloads
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #734
  • Nov 20, 2007 7:32pm Nov 20, 2007 7:32pm
Quoting Thexder
This is my re-traded November notes done today with my latest thinking. I believe it went better than expected. If I didn't sabotage myself and curve fit any "decisions" made while working through the charts, I didn't see a single failed trade, although I don't have any idea what the pip count would be for the successes.

I just moved the fibs around and took pictures. I like this iteration best so far. I hope the alignment of pictures against text isn't all wrong now, I had document formatting and pdf printing issues and had to go thru all the pages again spacing things out for some reason so I hope the right stuff is in the right place.
Very nice job i must say.I see you are taking a likeing to Fibs now !, You followed along with price movement made good choices and even though trades are lost they are unavoidable sometimes, but the winners far outway the losers and that is what counts (how many you keep).Now do the same thing with the Intraday fib and trade it exactly the same as you would the Swing fib, this time use the swing to follow along your trades once youve entered based off the Intraday set.You will see a bigger picture from this.Then the swing fib will make even more sense that it does to you now.
  • #735
  • Nov 20, 2007 7:41pm Nov 20, 2007 7:41pm
Quoting Bobokus
Now do the same thing with the Intraday fib and trade it exactly the same as you would the Swing fib, this time use the swing to follow along your trades once youve entered based off the Intraday set.You will see a bigger picture from this.Then the swing fib will make even more sense that it does to you now.
That's what I'm hoping. I want to work back to a bigger picture that I can actually work from, but then micro manage with swing once I'm there. Using solely swing level is very demanding because you have to constantly watch for a generic swing move and even when one is aligning you have to monitor it to be sure some things don't change, then cancel and set up the other direction pending trade and all that. And the targets are obviously a lot smaller, so it's a lot of work for the least reward compared to bigger moves.

I am hoping I find a Eureka moment looking intraday where I can just check only every so often for a setup and when it comes, take it and then check every so often for how it's moving along. But until then if I can benefit with just swing, that's fine. And all the learning is scaleable so I'm not wasting effort, I can apply it beyond itself.

Maybe tomorrow I'll try a few fast transaction of this in October to be sure I wasn't experiencing trending magic in November, but I won't do too much, just something to settle the mind.

At this point I'm content with it, I don't feel I have any loose ends like "Am I sure I knew what I was doing when I pulled that new high???" so I can finally sleep and move on to something else...like EAs!
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #736
  • Nov 20, 2007 7:52pm Nov 20, 2007 7:52pm
Quoting Thexder
That's what I'm hoping. I want to work back to a bigger picture that I can actually work from, but then micro manage with swing once I'm there. Using solely swing level is very demanding because you have to constantly watch for a generic swing move and even when one is aligning you have to monitor it to be sure some things don't change, then cancel and set up the other direction pending trade and all that. And the targets are obviously a lot smaller, so it's a lot of work for the least reward compared to bigger moves.

I am hoping I find a Eureka moment looking intraday where I can just check only every so often for a setup and when it comes, take it and then check every so often for how it's moving along. But until then if I can benefit with just swing, that's fine. And all the learning is scaleable so I'm not wasting effort, I can apply it beyond itself.

Maybe tomorrow I'll try a few fast transaction of this in October to be sure I wasn't experiencing trending magic in November, but I won't do too much, just something to settle the mind.

At this point I'm content with it, I don't feel I have any loose ends like "Am I sure I knew what I was doing when I pulled that new high???" so I can finally sleep and move on to something else...like EAs!
LOL
Yep trading a swing can be very taxing, it is basically scalping your way through the day, but effective. Take it easy and make a few live trades in demo or something.
Me i like to sit back sip on a little wine with the headphones on listeneing to (puddle of mudd,system of a down,crossfade,disturbed,nickelback,seether..etc. etc) as i trade, to set my mood and gets me to focus on what im doing.
  • #737
  • Nov 20, 2007 8:18pm Nov 20, 2007 8:18pm
Heres the current setup of fibs going into the asian session today, waiting for the market to show its hand.It will take a break of 2.0541 to take pressure off the topside resistance...lol not likely,may not even get a retracement tonight the way it looks as of now.in the event it does, Im buying the dips that fall short of 2.0541 though regardless and will short if it is broken.If no retracement then the break of the high will be the trade and targeting 2.0760/2.0820...dont forget to follow along with a swing !
Attached Image (click to enlarge)
Click to Enlarge Name: gbp1120a.gif Size: 26 KB
Attached File(s)
File Type: tpl gbp1120t.tpl   7 KB | 461 downloads
  • #738
  • Nov 20, 2007 8:22pm Nov 20, 2007 8:22pm
I trade with beer and slayer, napalm death, megadeth, fear factory, sepultura, tool, Tom Waits, and sometimes Flava Flav or Andrea Bocelli. At least recently.
I think I'll spend the rest of the week chasing cable with my Xray goggles and just do nothing for a while. Time for a vacation.
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #739
  • Edited 4:48am Nov 21, 2007 4:27am | Edited 4:48am
From a swing-only perspective of today so far:

The swing break at the beginning would have missed the target by 1 pip (2 on my broker) and taken a loss around 23. Then the stop out candle had moved below the swing low, phantom triggering a low before closing so a reversal couldn't be considered by the time the candle was done and the down move had begun. Since the down move technically started during the same candle that ended the previous up swing break out, it is not considered as having officially triggered a new move that must be monitored for completion (the candle originated on a long bias side), just have to find a new place to set up a swing.


As of this image the down move still hasn't bottomed out and provided a new swing low, but experience reveals an unofficial scalp that could restore any losses from the initial swing failure. The second ellipse swing is taken across almost 100% retrace of one of the down candles that gives a hidden high and low. Taking the low short gives back the lost pips. It's not a normally usable high and low swing point for a 1H chart since the overall move was still downward between the 2 candles with no new high/low peaks resulting, but the 1H did choose to flash its peaks so it's all fair to stare.

Being an unofficial scalp this doesn't impact the state of the previous swing, it's like it never happened and still waiting for the big move to bottom out and continue looking for the new low of the original swing.
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.jpg Size: 72 KB
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
  • #740
  • Nov 21, 2007 6:16am Nov 21, 2007 6:16am
Respect.

I wonder if, given the apparent support of the lower trend line so far, price will not take a swing short break out - not only has the move already gone down far enough for one swing to consider a further break downward, but it would have to violate the trend line.
For multiple reasons I think it'll mostly trend up for today now and given the wide swing I've established as one that has to be "completed", I doubt there would be any more entries today based on this range until tomorrow resets the swing to something more reasonable.
Attached Image (click to enlarge)
Click to Enlarge Name: Cable.jpg Size: 88 KB
"Support and Resistance either holds or it doesn't." -Anonymous hillbilly
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