SRDC Episode I | Page 45 | Forex Factory

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Attachments: SRDC Episode I
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SRDC Episode I

  • #881
  • Jan 6, 2007 1:11am Jan 6, 2007 1:11am
Accrete, sorry for the noob qn,

we can use two of these indicators on the same chart right?
  • #882
  • Jan 6, 2007 1:16am Jan 6, 2007 1:16am
Quoting jest1081
Accrete, sorry for the noob qn,

we can use two of these indicators on the same chart right?
As long as they have a different name, is my guess. For instance, you can run HiLoAvg.mq4 and HiLoH4.mq4 together. Of course, you'll need to change the colo(u)r to something different if using a modified version.

Rob
  • #883
  • Jan 6, 2007 2:04am Jan 6, 2007 2:04am
Quoting haiqu
Post it, I'll take a look.

Rob
i'll pm you the indicator when i gat back tonight thanks.
  • #884
  • Jan 6, 2007 3:45am Jan 6, 2007 3:45am
Quoting jest1081
Hi Rob!
Thanks!

Is there a variation for H1 as well? I know it gives weaker signals as compared to H4 and Daily but it does play reversal and breakout candles pretty well too. This is quite a good way to increase the 5 pips we originally targetted from the daily. Suggested for highly advanced SRDC1 users.
Hi,

Just in case any newbies are reading this without a seatbelt , then please remember the caveat in post #28:

http://www.forexfactory.com/forexfor...3&postcount=28


Regards,
  • #885
  • Jan 6, 2007 4:06am Jan 6, 2007 4:06am
So I'm wondering, how do those who use limit orders for SRDC 1 deal with variable spreads?
  • #886
  • Edited 6:04am Jan 6, 2007 5:51am | Edited 6:04am
Haiqu,

Interesting stuff but where are you going with these alterations and should these discussions be in the MT4 thread instead? It seems to me that for those who are trying to follow the methods taught by OR(especially the beginners) that your research and development of new indicators can be confusing and distracting. Have you consulted with OR about this?


ALL 4 1 AND 1 4 ALL


Quoting haiqu
The trouble with ancient indicators like DC is that they were designed for the Stock Market, which moves glacially slow. The same applies to most "professional" trading platforms.

Rob
Attached Image
All 4 1 and 1 4 All
  • #887
  • Jan 6, 2007 6:45am Jan 6, 2007 6:45am
Nice work haiqu cant wait for the next week to test ur indicator...
  • #888
  • Jan 6, 2007 7:24am Jan 6, 2007 7:24am
Quoting 4rex
Haiqu,

Interesting stuff but where are you going with these alterations and should these discussions be in the MT4 thread instead? It seems to me that for those who are trying to follow the methods taught by OR(especially the beginners) that your research and development of new indicators can be confusing and distracting. Have you consulted with OR about this?


ALL 4 1 AND 1 4 ALL
Tried to reply to this four times, but the message was deleted each time.

Since I don't agree with anonymous censorship, I will not be posting to this forum again. Perhaps those in the sysadmin area should investigate their staff.

My original reply has been PMed to you.

Rob
  • #889
  • Edited 8:52am Jan 6, 2007 8:38am | Edited 8:52am
Quoting haiqu
Tried to reply to this four times, but the message was deleted each time.

Since I don't agree with anonymous censorship, I will not be posting to this forum again. Perhaps those in the sysadmin area should investigate their staff.

My original reply has been PMed to you.

Rob
Rob, 4rex and all,

First, I hope you will reconsider leaving our threads Rob as I think you have much to offer. 4rex, you know I think you are one of the best. I don't think anything was meant in anger or disrespect from either side here. OrangeRoshan has created two new threads for SRDC. One for discussion and posts of EA's and one for discussion and posts of indicators. I believe this will allow both SRDC I and SRDC II threads to stay on message.

We need to get back to the fun attitude that has been a tone of the threads till now. We are all working towards a common goal. Let's get there.

Rob, I don't think you would ever find a post deleted by OR unless it broke the thread rules in one way or another. I have seen posts critical of members, including Orange allowed to remain as long as they were not too nasty in tone. That is his rule from the beginning and it works. If you knew 4rex you would understand he is one of the nicest people in FF and really made the comment for the good of the thread and perhaps we should have had these other threads earlier but OR can't do everything.

Hope you stay,
Bill
  • #890
  • Jan 7, 2007 7:49pm Jan 7, 2007 7:49pm
A minor disturbance in the force .... (for me).

Trading SRDC I does employ the straddle method. Previous daily candle.

What then is the reason to look at the first and second 15 minute candles into the new day and thereby use them as a filter?





Lou
  • #891
  • Jan 7, 2007 9:09pm Jan 7, 2007 9:09pm
Gys,

Still remember, OR has mentioned before about the 'sunday bar'? We've a bearish daily bar for sunday.. I will go long with my demo just yet.

We'll see....IT's interesting isn't it?

shah
Shah For every action there is an equal and opposite reaction.....
  • #892
  • Jan 8, 2007 1:47am Jan 8, 2007 1:47am
Closed position for 20pips. Not bad for monday.
Thanks OR.
Shah For every action there is an equal and opposite reaction.....
  • #893
  • Jan 8, 2007 3:49am Jan 8, 2007 3:49am
For those of you who use the SRDC 1 as a straddle technique, is there anything that helps you decide whether or not to set the limit order in a certain direction? As in - are there any factors that might make you only set a sell limit order instead of limit orders in both directions?

Thanks!
  • #894
  • Jan 8, 2007 10:31am Jan 8, 2007 10:31am
Quoting Panjan
Closed position for 20pips. Not bad for monday.
Thanks OR.
My I ask what pair and what time does your daily bar close? Mine closes at 5pm New York time, and my test yesterday didn't work out that great.
Going to assume it's just an non-normal day and will try again tonight. Also I made the mistake of not adding the spread, which would've prevented the order from even going through!
  • #895
  • Jan 8, 2007 11:03am Jan 8, 2007 11:03am
Quoting techno79
My I ask what pair and what time does your daily bar close? Mine closes at 5pm New York time, and my test yesterday didn't work out that great.
Going to assume it's just an non-normal day and will try again tonight. Also I made the mistake of not adding the spread, which would've prevented the order from even going through!
Techno79,

I took GBP/USD and I'm using InterbankFx which bar closed (gmt 00) or at 8am Malaysia time (Gmt +8). I long at 9310...but I hate my guts though. Got out early. Tonight it reached 9400...too bad, that just me...

Hope it helps.

Positively pips;
shah
Shah For every action there is an equal and opposite reaction.....
  • #896
  • Jan 8, 2007 11:38am Jan 8, 2007 11:38am
I have an idea which I hadn't seen mentioned or posted yet, although I haven't finished getting through the entire thread yet. I think most people have a small Sunday candle . My broker closes at 4:30pm* Friday, and opens around this time or 5pm* Sunday. Therefore I have no real Sunday candle, I'm using last Friday's candle. I am unsure how this effects the system but will have to keep a close eye on Sunday's.
1.9262 was the low of Friday on my broker, and we hit 1.9261 at sometime during the Asian open and reversed.

I'm happy with this theory for the time being...

*All times New York timezone
  • #897
  • Jan 8, 2007 12:24pm Jan 8, 2007 12:24pm
Quoting techno79
I have an idea which I hadn't seen mentioned or posted yet, although I haven't finished getting through the entire thread yet. I think most people have a small Sunday candle . My broker closes at 4:30pm* Friday, and opens around this time or 5pm* Sunday. Therefore I have no real Sunday candle, I'm using last Friday's candle. I am unsure how this effects the system but will have to keep a close eye on Sunday's.
1.9262 was the low of Friday on my broker, and we hit 1.9261 at sometime during the Asian open and reversed.

I'm happy with this theory for the time being...

*All times New York timezone
Techno,

Just open a demo account with IBfx (for Sunday bar) then trade live with the broker you're using now.
Shah For every action there is an equal and opposite reaction.....
  • #898
  • Jan 8, 2007 1:37pm Jan 8, 2007 1:37pm
Quoting Lou
A minor disturbance in the force .... (for me).

Trading SRDC I does employ the straddle method. Previous daily candle.

What then is the reason to look at the first and second 15 minute candles into the new day and thereby use them as a filter?





Lou
It is still the DAILY candle, but entry and exit is put using 15mins to make them more precise. The reason for the filter is MARKET SENTIMENT. It confirms the move and will mostly to continue.

OR
Change Your Thinking. Change Your Life - JD
  • #899
  • Jan 8, 2007 1:40pm Jan 8, 2007 1:40pm
Quoting Lamdun
For those of you who use the SRDC 1 as a straddle technique, is there anything that helps you decide whether or not to set the limit order in a certain direction? As in - are there any factors that might make you only set a sell limit order instead of limit orders in both directions?

Thanks!
Never enter the market with the hope of getting maximum pips possible. Have a clear goal on how many pips you want to get for the day.

Another thing is also, SRDC II channel can help to iddentify the direction of the breakouts.

OR
Change Your Thinking. Change Your Life - JD
  • #900
  • Jan 8, 2007 1:49pm Jan 8, 2007 1:49pm
Hi Team,

Its been a very good day for SRDC I traders. Today's candle is exactly the opposite of the Sunday's candle. It penetrated both the Resistence and Support.

I hope you guys didnt forget to get into this trade?

OR
Attached Image
Change Your Thinking. Change Your Life - JD
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