the key to the mint | Page 78 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Linux Mint and MT4 12 replies

EA Key - Any example how to validate a key 3 replies

Need help with key to mint alert indicator 3 replies

Key Times 9 replies

Attachments: the key to the mint
Exit Attachments

the key to the mint

  • #1,541
  • Jan 14, 2008 7:46am Jan 14, 2008 7:46am
Quoting harold4x
k3n i look for signal at the close of the 600gmt candle which is 2am my time if i see one at 201 am i put trade on today the eurcad had a very large candle and the signal began 3 hours before if you put that trade on it would have resulted in a 30 pip loss i took the cadjpy it started only 1 hour ahead of time and it was only 7 pips from where signal started if i had other signals on other pairs today i probably would not have taken this one
Thanks - that makes it clear . . .
  • #1,542
  • Jan 14, 2008 7:53am Jan 14, 2008 7:53am
hopefully we will get some turn over on daily charts because the rest of the week there is plenty of fuel via news to move things around
  • #1,543
  • Jan 14, 2008 8:58am Jan 14, 2008 8:58am
Hi Hornet,

thank's for the nice indicator ..

I here have a few suggestions to "add ons"

1. Email function
2. Time setting so we can set the time we want signals, i.e. 6-16 GMT
3. A function to disable the arrows, so we can use it as a "guideline indicator for the main daily trend, but without visual errors.
4. The exit option u mention sounds greath.

LOL just suggestions, no critism

PC



Quoting hornet
Some good signals today

I would like to offer my contribution to this strategy and make it easier for everyone to make good $ with it....

I created an indicator for this system. It prints the daily trend in the top right corner for visual recognition. Signals follow only the daily trend and come after the close of the 1hour bar so that, when you get the alert, you can enter immediately. Only problem is that you will get many consecutive arrows (every bar the condition is met). The ideal thing I am trying to work on is to give it an exit as well so not to have too many consecutive arrows but only on the first bar the conditions are met.

Let me know your opinions pls, and/or if you want to see an exit to tidy it up a bit.
Less is more...
  • #1,544
  • Jan 14, 2008 9:17am Jan 14, 2008 9:17am
Quoting pipcruiser
Hi Hornet,

thank's for the nice indicator ..

I here have a few suggestions to "add ons"

1. Email function
2. Time setting so we can set the time we want signals, i.e. 6-16 GMT
3. A function to disable the arrows, so we can use it as a "guideline indicator for the main daily trend, but without visual errors.
4. The exit option u mention sounds greath.

LOL just suggestions, no critism

PC
LOL,

I haven't got a clue as to how do those things.....

The one with the exit is ready and have attached it, the exit comes when stochs cross back over the other way.

We can attach it to any chart we want as long as the first period TF matches the chart TF. So if anyone wants to trade on the 30mins, make sure you have the first period TF set at 30.

For the rest, I am only learning how to make indicators so it will be some time. Maybe someone else with more experience could work on it.
Attached File(s)
File Type: mq4 # Mint Key with Exits.mq4   9 KB | 692 downloads
The quality of your life is brought about by the quality of your thinking.
  • #1,545
  • Jan 14, 2008 9:21am Jan 14, 2008 9:21am
Wcalem Hope You Grabbed A Couple Off The Eurcad Or At Least Broke Even
  • #1,546
  • Jan 14, 2008 9:26am Jan 14, 2008 9:26am
haha, ok, but u seem to be a pro coder

I like the exit function, thanks...

PC

Quoting hornet
LOL,

I haven't got a clue as to how do those things.....

The one with the exit is ready and have attached it, the exit comes when stochs cross back over the other way.

We can attach it to any chart we want as long as the first period TF matches the chart TF. So if anyone wants to trade on the 30mins, make sure you have the first period TF set at 30.

For the rest, I am only learning how to make indicators so it will be some time. Maybe someone else with more experience could work on it.
Less is more...
  • #1,547
  • Jan 14, 2008 9:36am Jan 14, 2008 9:36am
Quoting harold4x
Wcalem Hope You Grabbed A Couple Off The Eurcad Or At Least Broke Even
Nope, took my lumps on that one.
  • #1,548
  • Jan 14, 2008 9:50am Jan 14, 2008 9:50am
Sorry To Here That For Futures Trades When Things Are In These Conditions If You Happen To Go Into Profit Which You Did By About 20 Pips You Can Do 1 Or 2 Things Take What You Can And Get Out Or Set Stop To Breakeven
  • #1,549
  • Jan 14, 2008 11:23am Jan 14, 2008 11:23am
Quoting harold4x
k3n i look for signal at the close of the 600gmt candle which is 2am my time if i see one at 201 am i put trade on today the eurcad had a very large candle and the signal began 3 hours before if you put that trade on it would have resulted in a 30 pip loss i took the cadjpy it started only 1 hour ahead of time and it was only 7 pips from where signal started if i had other signals on other pairs today i probably would not have taken this one
Harold, thanks for your informative insight on the eur/cad signal beginning 3 hours before. I took that trade and yes it resulted in a 30 pip loss. I just learned something that I will be able to apply in future. I now see it as perfectly logical.
  • #1,550
  • Jan 14, 2008 12:51pm Jan 14, 2008 12:51pm
on jan 28 i will be changing my awake hours i will be getting up at 1;45 am est. just before the 600 gmt candle closes and if theres a potential signal i will annouce it and try to the best of my ability to monitor the trade with posts if i get a win from a signal that happens from the 600 gmt candle or any time after i will then go back to sleep and call it a day if i get a loss i will stay up and wait for next signal this might be away to get more family time and not be so darn tired by getting up going back to sleep getting up again etc
  • #1,551
  • Jan 14, 2008 2:50pm Jan 14, 2008 2:50pm
Quoting harold4x
on jan 28 i will be changing my awake hours i will be getting up at 1;45 am est. just before the 600 gmt candle closes and if theres a potential signal i will annouce it and try to the best of my ability to monitor the trade with posts if i get a win from a signal that happens from the 600 gmt candle or any time after i will then go back to sleep and call it a day if i get a loss i will stay up and wait for next signal this might be away to get more family time and not be so darn tired by getting up going back to sleep getting up again etc
That will be awesome. I plan to be there every minute of the way. I believe it will be a great learning opportunity.
  • #1,552
  • Jan 14, 2008 2:57pm Jan 14, 2008 2:57pm
Quoting wcalem
Nope, took my lumps on that one.
Where was the signal??? I couldnt see it !!!!

can anyone post a chart plz?

HArold and others - did anyone do any trade today? what time?
Attached Image
- Syd [dust is my bed...]
  • #1,553
  • Jan 14, 2008 3:51pm Jan 14, 2008 3:51pm
here are the 2 charts from this morning explaining why it was better to take the cadjpy instead of the eurcad at 600 gmt time both were already in signals eurcad was in it for 4 hours cadjpy was in it for 1 hour and the entry was only 7 pips from when original signal started. as it seems when the eurcad goes 1 way the cadjpy goes the other but not always at the same time as in this case the cadjpy kind of dragged a little
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.JPG Size: 104 KB
Click to Enlarge Name: 2.JPG Size: 103 KB
  • #1,554
  • Jan 14, 2008 3:56pm Jan 14, 2008 3:56pm
Sir Harold, thanks for being patient. I was not asking question on which pair you trade but suggesting you take a look at it- thanks all the same.

Your system is great made lots of pips today (88 pips). thanks.
Quoting harold4x
ok diliberator that chart you showed is fine just lose the macd dont need it you have 2 emas on chart already and no gbpeur is not one of the pairs this is the last time i will answer questions about which pairs i trade i think it is mentioned all over this thread my patience in that area is exhausted so i wont answer the pairs questions anymore. ok we only had 2 signals today eurcad long and cadjpy short well at 2 am i had to make a decision eurcad was already in a long mode but cadjpy just gave a signal where emas just crossed and the stocs just crossed at the same time the candle on eurcad was 55 pips to big for my stop cadjpy was smaller so i took cadjpy only got 25 the conditions of ob/os makes me a little skidish to go for the 30
God's Love For You Is Sure Never You Doubt It
  • #1,555
  • Jan 14, 2008 4:17pm Jan 14, 2008 4:17pm
Quoting harold4x
here are the 2 charts from this morning explaining why it was better to take the cadjpy instead of the eurcad at 600 gmt time both were already in signals eurcad was in it for 4 hours cadjpy was in it for 1 hour and the entry was only 7 pips from when original signal started. as it seems when the eurcad goes 1 way the cadjpy goes the other but not always at the same time as in this case the cadjpy kind of dragged a little
Harold, I dont see any EMA crossovers! whats the deal? is that mean at 6GMT, as long as everything is heading up, we enter a trade??
- Syd [dust is my bed...]
  • #1,556
  • Jan 14, 2008 4:18pm Jan 14, 2008 4:18pm
if you are this method abd there was only 2 signals 1 bad 1 ok how did you manage to make 88 pips today?
  • #1,557
  • Jan 14, 2008 4:20pm Jan 14, 2008 4:20pm
sydks all indicators were already crossed prior to trading time 1 was in the trade for 4 hours 1 was already in for 1 you dont have to wait for a cross if they are crossed already just becareful how long they have been crossed it could be a stale signal you now what i mean
  • #1,558
  • Jan 14, 2008 4:22pm Jan 14, 2008 4:22pm
Quoting syedks
Harold, I dont see any EMA crossovers! whats the deal? is that mean at 6GMT, as long as everything is heading up, we enter a trade??

syedks,

That was similar to the question I'd asked earlier . . . if conditions are present at the 6GMT candle (even thought they occurred on a prior candle) then we take the signal.

Harold may confirm this.

AK
  • #1,559
  • Jan 14, 2008 4:23pm Jan 14, 2008 4:23pm
Quoting harold4x
sydks all indicators were already crossed prior to trading time 1 was in the trade for 4 hours 1 was already in for 1 you dont have to wait for a cross if they are crossed already just becareful how long they have been crossed it could be a stale signal you now what i mean
sure i know what you mean :-) i never did it before, will try it from now on .. i always waited for EMA crossovers and then took trade on the next candle...
- Syd [dust is my bed...]
  • #1,560
  • Jan 14, 2008 4:29pm Jan 14, 2008 4:29pm
Well, I had way too much going on with the 'day job' to join in today....will be back in the game for rest of week.
Glad to see pips are being made.......
6 traders viewing now