AshFX Daily

Quoting jimsforex

Disliked

Thanks for your quick and detailed reply.
I know nothing about mq4 or EA's and what
they can/can't do but I have been able to
exercise similar options with the EA attached below.

I imagine your code is too complex for options
like that to be applied.

I make my own trading decisions following Ash's system
while applying discretion just as Ash did here:

"Quote:
Originally Posted by freddi
Anyone agree that AU is setting up a Second Strength BUY signal?
I know that there is a lot of resistance @ approx 0.9630, but with a very strong uptrend since the early part of this year, may be worth going for it!(?)

Freddi

No way. Stay well clear of that, way too much Res."

I would like a robot to manage the trade...without any discretion
at all.

Thanks again,

Jim

Ignored

Quoting mattfx

Disliked

I understand we have stochs above 50 but less than 80; AO and AC compliant
awaiting PSAR
Swing low also held at 50 fib retracement
Long with SL at swing low....5610 and 97 to BE

Comments ?

Matt

Ignored

Quoting mtaboneweb

Disliked

My purpose here is to be helpful for me and also others as well. To fine tune and yet remain as simple as possible. I'm not mentally shutting you out just offering back information about some of the complexities that really do or at least can surround an EA. I will take a look at what you posted and see if I can dissect the inner workings.

If you could perhaps define in great detail some of your decision makeing on these trades and what tools you use to make those decisions then something may be doable.

Any thoughts/suggestions are always very welcome. Forgive me if I'm quick to shoot certain things down but I only do so when I've already been down a certain road but that doesn't mean someone could not offer something I haven't thought of or a different approach and you don't have to be a programmer to do that.

Thanks again.

Ignored

Quoting jimsforex

Disliked

Thanks for your quick and detailed reply.
I know nothing about mq4 or EA's and what
they can/can't do but I have been able to
exercise similar options with the EA attached below.

I imagine your code is too complex for options
like that to be applied.

I make my own trading decisions following Ash's system
while applying discretion just as Ash did here:

"Quote:
Originally Posted by freddi
Anyone agree that AU is setting up a Second Strength BUY signal?
I know that there is a lot of resistance @ approx 0.9630, but with a very strong uptrend since the early part of this year, may be worth going for it!(?)

Freddi

No way. Stay well clear of that, way too much Res."

I would like a robot to manage the trade...without any discretion
at all.

Thanks again,

Jim

Ignored

Quoting andante9

Disliked

Hi mtaboneweb

I have come across a script that will allow one to attach a magic number to a manual trade. I don't know if it works properly as I have never had cause to test it. Since it was provided on public thread such as this I assume it may be shared.

The reason I bring this up is I read a couple of posts back that it is may not possible to attach a magic number to a manual trade but I think this script may make it possible. Please let me know if you would find it of any use and I will post it.

Good Trading. . .

Ignored

Quoting jimsforex

Disliked

mtaboneweb,

My fault for not making myself clear.

Your EA appears to do two things very well:
1. It executes trades in line with Ash's system.
2. It manages trades in line with Ash's system.

I have absolutely no desire to change that or to
introduce any discretion into the EA.

I would like to be able to choose for the EA to do both
of the above tasks or just #1 or just #2.

A trader could use your tool to execute and manage
(as it does now), or just execute trades and the trader
will manage, or just manage the trades that the trader
executes himself.

Ignored

Quoting jimsforex

Disliked

I appreciate the time you have taken to look at this
and I won't take any more of your time except to answer
your direct questions.

Thanks,

Jim

Ignored

Quoting jimsforex

Disliked

I would like to be able to choose for the EA to do both of the above tasks or just #1 or just #2.

Ignored

Quoting doblece

Disliked

There is an easier way to let the EA manage the trades but with discretionary open: use the "ask manual confirmation" box below the "allow live trade" box.

That way, you can have both (manual confirmation unchecked), or just number 1 (manage trades= false) or just number 2 (manual confirmation checked).

Ignored

Quoting mtaboneweb

Disliked

S/R is something I've been asking about for a while on this thread. Is there such a thing as a good S/R indicator. If I could get an indicator or know better the rules of S/R then I could program the EA to consider those if selected in the settings.

Ignored

Quoting mtaboneweb

Disliked

Jim,

Thanks for the support.



Making the EA execute the trades only is not a problem. A simple if "manage == true" then also manage.

Grabbing trades that were placed manually I feel is a bigger deal and here's what I'm thinking when you ask. Based on the system's current rules without turning the EA into something else entirely...

What if more than 2 trades are placed (how is that handled?)
How can I effectively grab the right trades (what would I need the end user to do?)
Does EA set TP / if they have do I replace or let it stand
Does EA set SL / if they have do I replace or let it stand
Tailing stops...
Break even...
etc...
Will I need to allow for user to set their own SL, TP, BE, Trailing stop, etc.

Do you want the option to manage but not trade as a way for you to make the decision which trades you really want to take? Because I personally feel if it's because someone wants more analysis into whether a trade should be placed above what is there then we should go in that direction. I would only ask that we don't pile a mountain of indicators on the decision making. That's not the AshFX system anymore and that's why we're all here. I believe S/R would be a good addition and even forexmoments uses this although it isn't part of his PDF other than to say it's important. We could have 3 levels of trading.

Take SS trades: risky
Original: mid risk
with S/R: less risk

S/R is something I've been asking about for a while on this thread. Is there such a thing as a good S/R indicator. If I could get an indicator or know better the rules of S/R then I could program the EA to consider those if selected in the settings.

What I'm getting at is if more refinement on when trades are taken would make people sleep easier then that's were we should focus our attention if possible.



Please don't feel this way. I'm configured to think this way because I program for a living. It's not your fault. I honestly appreciate your feedback and feel we're all here for a common goal. Speak up anytime you feel like it and especially if you think I'm getting out of line.

Ignored

Quoting andante9

Disliked

Hi Matt

I have been on the look out for a Fib indicator. It doesn't seem to be supplied in the basic MT4 indicators, unless I am mistaken. Would you be so kind as to let me know where I could find the Fib indicator you are using in this post?

Thanks. . .

Ignored

Quoting forexxer

Disliked

Hi Ash:
I am really impressed with your thread. Nice work, keep it up.Just wondering is it possible, when you post a trade, can you please quote your entry price also? That will be really helpfull.
Thanks.

Ignored