the key to the mint | Page 142 | 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

  • #2,821
  • Edited 2:57am Feb 19, 2008 12:38am | Edited 2:57am
my signals for today:
cadjpy, audjpy, eurjpy long
gbpchf, gbpusd short
gbpjpy no trade

the long wicks in eurjpy killed my trades. Stoploss to narrow?
Attached Image (click to enlarge)
Click to Enlarge Name: trades.JPG Size: 34 KB
Attached Image
  • #2,822
  • Feb 19, 2008 4:59am Feb 19, 2008 4:59am
Hi

I look at the daily, determine the directon and then on the hourly I place either and up arrow for bull or down arrow bear and a X for no trade.

I find it saves me having to go back and forth and look at the daily arrow to remind myself of the days direction. i have period seperators on the hourly.

Just a little thing to help reduce flicking...!

Cheers

CW
Attached Image (click to enlarge)
Click to Enlarge Name: Direction arrow.JPG Size: 46 KB
  • #2,823
  • Feb 19, 2008 5:44am Feb 19, 2008 5:44am
i have a contrary signal to urs. i use North Finace
LONG-CADJPY, AUDJPY, GBPJPY, EURJPY,
SHORT-GBPUSD
NO TRADE-GBPCHF
Quoting MJurban
my signals for today:
cadjpy, audjpy, eurjpy long
gbpchf, gbpusd short
gbpjpy no trade

the long wicks in eurjpy killed my trades. Stoploss to narrow?
God's Love For You Is Sure Never You Doubt It
  • #2,824
  • Feb 19, 2008 6:34am Feb 19, 2008 6:34am
Quoting MJurban
my signals for today:
cadjpy, audjpy, eurjpy long
gbpchf, gbpusd short
gbpjpy no trade

the long wicks in eurjpy killed my trades. Stoploss to narrow?

EUR/JPY killed me too
  • #2,825
  • Feb 19, 2008 7:07am Feb 19, 2008 7:07am
Quoting D liberators
quite right G. The system works perfectl well most of the time and wen u leave trades on, you get more pips than the average 30. but with wider range of sl. I've achieved a 300% increase on my account in less than 2 weeks with this system. (i trade more than the 6 pairs)
Deliberators,

What are the pairt that you are trading with?. If you see signal on more than one pair at a time(let say 3) , do you trade on all 3 pairs at the same time?.

one more question, what broker and chart r u using?

Thx in advance
  • #2,826
  • Feb 19, 2008 7:33am Feb 19, 2008 7:33am
Quote
the long wicks in eurjpy killed my trades. Stoploss to narrow?

I didn't get stopped out. I use most recent swing high or low as my stoploss not a generic number. If it's too far away from my comfort zone I pass on the trade.
  • #2,827
  • Feb 19, 2008 7:44am Feb 19, 2008 7:44am
Quoting pipruler
Sebastian, you have to place the EA in your "expert" folder on MT4 and make sure you check "allow live trading" in the common tab. You will know if it is working if you have a smiley face. Also, if you only have an "x" instead of a smiley face make sure you activate the "expert advisors" on the top of your trading platform. Just click on that tab. Hope that helps.
pip... thanks i got it.
is it able to show with arrows the trade or is it just the writting on the left side of the chart?
Thanks in advance
Sebastian
  • #2,828
  • Feb 19, 2008 7:53am Feb 19, 2008 7:53am
Quoting rumba68
I didn't get stopped out. I use most recent swing high or low as my stoploss not a generic number. If it's too far away from my comfort zone I pass on the trade.
sl on the swing, i too think its the best.
for eurjpy thats very far so probly better to stay out of this pair, wait til it breaks the top
  • #2,829
  • Feb 19, 2008 9:18am Feb 19, 2008 9:18am
Hello all,

I'm new to this strategy but been doing well. just closed EJ with +30pips.

Thanks all
  • #2,830
  • Feb 19, 2008 9:30am Feb 19, 2008 9:30am
Quote
i have a contrary signal to urs. i use North Finace
LONG-CADJPY, AUDJPY, GBPJPY, EURJPY,
SHORT-GBPUSD
NO TRADE-GBPCHF
I use Northfinance as well but am getting a bit different signal from yours.

LOng:
Audjpy
GbpJpy
EurJpy

Short:
GbpUSD
GbpChf

No trade:
CadJpy

In my own opinion, since D liberator is an experienced trader with this method, i think i have to have some word with him, probably, am doing something wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: harold3.gif Size: 24 KB
  • #2,831
  • Edited 11:11am Feb 19, 2008 11:10am | Edited 11:11am
How did TraderGeek's EA work out last night?
I attached it to my charts but forgot to hit "compile" before doing that so nothing triggered.
Was it successful?
  • #2,832
  • Edited 1:34pm Feb 19, 2008 1:01pm | Edited 1:34pm
Quoting cyclone35
How did TraderGeek's EA work out last night?
I attached it to my charts but forgot to hit "compile" before doing that so nothing triggered.
Was it successful?
Yes, it took 3 trades, 1 loss 2 wins for a total of +48 pips. Anyway thats my results... I just let it run.

And I must say with respect for Harold, I am just tinkering with the EA as a tool... I am seriously manually trading his system, trying to learn all I can... last night I was late on some trades, and the EJ was too close to resistance so I ended up not taking any trades.

Mike.
  • #2,833
  • Feb 19, 2008 3:45pm Feb 19, 2008 3:45pm
Quoting MykeFX
Yes, it took 3 trades, 1 loss 2 wins for a total of +48 pips. Anyway thats my results... I just let it run.
I was +51 so pretty close to what you got. The way I'm using it is just setingg the FromHour and ToHour both to 25 when I put it on the charts so it can't take any trades. Then after looking at charts, for those pairs I want to trade, I change the values to 7 and 15 and let it enter the trade for me.

Just a tool is right ...
  • #2,834
  • Feb 19, 2008 6:33pm Feb 19, 2008 6:33pm
Quoting forexmad
Deliberators,

What are the pairt that you are trading with?. If you see signal on more than one pair at a time(let say 3) , do you trade on all 3 pairs at the same time?.

one more question, what broker and chart r u using?

Thx in advance
i use north finance. As per my pairs, that by now u would have seen in the chat room.

When i have more than 1 signal, i look for the best signal in the 15mins. frame. if all looks good then i take them but with smaller lots depending on my account equity as at time of trading. ( what i look for here is to leave enough romm for the whipsaws that might happen so i dont get a margin call. My leverage is 1:200)
God's Love For You Is Sure Never You Doubt It
  • #2,835
  • Feb 19, 2008 7:04pm Feb 19, 2008 7:04pm
Quoting TraderGeek
I was +51 so pretty close to what you got. The way I'm using it is just setingg the FromHour and ToHour both to 25 when I put it on the charts so it can't take any trades. Then after looking at charts, for those pairs I want to trade, I change the values to 7 and 15 and let it enter the trade for me.

Just a tool is right ...

What other settings are you both testing with? What do you have turned on and turned off? ie Atr? exit on change? entry on stoch extreme? add spread to stop?
  • #2,836
  • Feb 19, 2008 7:49pm Feb 19, 2008 7:49pm
Ok so this might be obvious to some but...

How do I set the EA up?? So far I've put the EA into the MT4 expert directory and I've put the DiNap. stoch indicator in the expert/indicator folder. I start up MT4, compile the EA and then apply then attach it to a chart (let's say short on GU).

So, do I attach the EA, set the trading to "short only" and then turn on the EA??
  • #2,837
  • Feb 19, 2008 7:56pm Feb 19, 2008 7:56pm
Quoting D liberators
i use north finance. As per my pairs, that by now u would have seen in the chat room.

When i have more than 1 signal, i look for the best signal in the 15mins. frame. if all looks good then i take them but with smaller lots depending on my account equity as at time of trading. ( what i look for here is to leave enough romm for the whipsaws that might happen so i dont get a margin call. My leverage is 1:200)

What do you look for in the 15 min time frame? same indicator patterns as 1 hr time frame?
  • #2,838
  • Feb 19, 2008 8:04pm Feb 19, 2008 8:04pm
Quoting seamonkey
What other settings are you both testing with? What do you have turned on and turned off? ie Atr? exit on change? entry on stoch extreme? add spread to stop?
I'm using the defaults. So yes I"m using ATR stop with a divisor of 5, no entry on stoch extreme, yes exit on change, yes add spread to stop.
  • #2,839
  • Feb 19, 2008 8:45pm Feb 19, 2008 8:45pm
Quoting Joel
What do you look for in the 15 min time frame? same indicator patterns as 1 hr time frame?
basically use the stoch. since it shows cycle of movt. but best signal is wen all indicators align with the 1hr.
God's Love For You Is Sure Never You Doubt It
  • #2,840
  • Feb 19, 2008 9:00pm Feb 19, 2008 9:00pm
Quoting D liberators
basically use the stoch. since it shows cycle of movt. but best signal is wen all indicators align with the 1hr.

Thank You
18 traders viewing now