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Scalping the Rainbow

  • #401
  • Aug 29, 2008 9:31am Aug 29, 2008 9:31am
Quoting 919
please attach your monthly statement (from 29.08.2008 to 29.09.2008 , Detailed report)

Thanks
Probably not my place to step in here, as I am sure 4xq will respond in time, but I did just have to ask.....what the heck is this for??

I took a quick peek at your previous posts, and it seems like you are a requesting machine - EAs, indicators, statements. Two words for you - individual thought.

If I am misunderstanding your post, then I apologize. If I am clear on it, then please move on. I read through FF on occasion, find some great threads like this one, and then see the OP disappear because of an onslaught of stupid requests like this.

End of rant.

Sentinel
  • #402
  • Aug 29, 2008 3:54pm Aug 29, 2008 3:54pm
Dear 4xq. Rainbow is an expert advisor?
We can see on the charts any points from expert.
Thank you.


Quoting 4xq
Now I think another good entry would be when the price crosses on the other side of purple, but in the dir of the 5 min trend. That would be an early one, at the reverse of the 1 min trend.
  • #403
  • Aug 30, 2008 11:02pm Aug 30, 2008 11:02pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Bad week...last week of the month + August + sick + news and all
Fri...8/0...actually did a bad one, but was a mistake, I clicked on a wrong script, so 8/1...107 pips
Attached Image (click to enlarge)
Click to Enlarge Name: 17 aug29.2008.trades.gif Size: 40 KB
"Money is only a part of wealth" Q.
  • #404
  • Aug 30, 2008 11:03pm Aug 30, 2008 11:03pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting fandorin
Hi! The script is cliosing open orders on the window pair you choose.
Thank you, apreciate, works well
Q
"Money is only a part of wealth" Q.
  • #405
  • Aug 30, 2008 11:15pm Aug 30, 2008 11:15pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting 919
please attach your monthly statement (from 29.08.2008 to 29.09.2008 , Detailed report)

Thanks
I don't have an acct dedicated to this, I test different things all the time on the same acct + this is a demo=no statements + Sep 29 didn't hapened yet.
Also, I don't need to prove anything to anyone, I'm not selling or promoting anything and this sys is in developement, it is 4 weeks old, so even a montly would be irelevant. I got all kinds of offers from many, but I'm not interested.
Go ahead and test it and let me know how you doing.
Q
"Money is only a part of wealth" Q.
  • #406
  • Aug 30, 2008 11:16pm Aug 30, 2008 11:16pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting Luiz C De Ba
Dear 4xq. Rainbow is an expert advisor?
We can see on the charts any points from expert.
Thank you.
It is not an EA, I manually trade
"Money is only a part of wealth" Q.
  • #407
  • Sep 2, 2008 8:17pm Sep 2, 2008 8:17pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting sentinel
Probably not my place to step in here, as I am sure 4xq will respond in time, but I did just have to ask.....what the heck is this for??

I took a quick peek at your previous posts, and it seems like you are a requesting machine - EAs, indicators, statements. Two words for you - individual thought.

If I am misunderstanding your post, then I apologize. If I am clear on it, then please move on. I read through FF on occasion, find some great threads like this one, and then see the OP disappear because of an onslaught of stupid requests like this.

End of rant.

Sentinel
"Money is only a part of wealth" Q.
  • #408
  • Sep 3, 2008 1:47pm Sep 3, 2008 1:47pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts

4XP Wolfenstein v1.3

  1. 1m chart with the WMMA(2-200) Rainbow and CCI(21) + optional pivots indicator

  2. 5m chart with Color MA(34); plot past swing levels (past pivots, then transfer these on 1m)

  3. Determine best time to trade (good volatility). Don't trade at open or news time, wait until price stabilizes

  4. Determine the major trend (look at 5m to 1H). Best when 5m in same dir as 1H

  5. Entry: - Price re-emerge in dir of trend from at least a yellow dip or touch + cci goes over 100(for long)...under -100(for short) + optional break s/r or pivot and closes there

//--- Use scripts for speed, with calculated risk and money management (1 mini lot for every $500 in the acct. and SL10; this is a 2% risk)
//--- SL may be different for different pairs, check ATR and test, don't take it if price has a pivot just ahead


6. Exit: TP 10-12 pips, SL10 or when price dips at least to yellow and breaks cci trend line against the trade



7. Have Fun

"Money is only a part of wealth" Q.
  • #409
  • Sep 3, 2008 3:29pm Sep 3, 2008 3:29pm
Bonjour 4xq

A shi_channel4 can help you to determinate the trend from 5mn to hour or not !?
Attached File(s)
File Type: mq4 shi_channel4(for trade channel)_v2_Stop.mq4   9 KB | 1,053 downloads
  • #410
  • Sep 3, 2008 10:40pm Sep 3, 2008 10:40pm
Quoting 4xq

4XP Wolfenstein v1.3

  1. 1m chart with the WMMA(2-200) Rainbow and CCI(21) + optional pivots indicator

  2. 5m chart with Color MA(34); plot past swing levels (past pivots, then transfer these on 1m)

  3. Determine best time to trade (good volatility). Don't trade at open or news time, wait until price stabilizes

  4. Determine the major trend (look at 5m to 1H). Best when 5m in same dir as 1H

  5. Entry: - Price re-emerge in dir of trend from at least a yellow dip or touch + cci goes over 100(for long)...under -100(for short) + optional break s/r or pivot and closes there

//--- Use scripts for speed, with calculated risk and money management (1 mini lot for every $500 in the acct. and SL10; this is a 2% risk)
//--- SL may be different for different pairs, check ATR and test, don't take it if price has a pivot just ahead


6. Exit: TP 10-12 pips, SL10 or when price dips at least to yellow and breaks cci trend line against the trade



7. Have Fun

Hi 4xq.
You would be able to explain your graphic revenues of this intervening system and indicating the entrance exactly. Besides I would like that you send the updated templates.

Dispense my English I do not speak it, use a translator.

Thanks.

Raul.
  • #411
  • Sep 4, 2008 1:20pm Sep 4, 2008 1:20pm
This is a great systems - 5 trades, 1 loss today - 60 pips total. I'm sure other have done better, but I've had other things to do. I'm using the MACD - standard settings - to look for divergences as prelude to a trend change.
Many thanks to 4xq for introducing this to us.
Irregular
  • #412
  • Sep 4, 2008 8:10pm Sep 4, 2008 8:10pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting bigblue
This is a great systems - 5 trades, 1 loss today - 60 pips total. I'm sure other have done better, but I've had other things to do. I'm using the MACD - standard settings - to look for divergences as prelude to a trend change.
Many thanks to 4xq for introducing this to us.
Your welcome, good for you...I did good today too...I always said to use your preferate indy for confirmations, looks that MACD works for you
How many pairs and wich rules? v1.3 ?
Q
"Money is only a part of wealth" Q.
  • #413
  • Sep 4, 2008 8:22pm Sep 4, 2008 8:22pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting raul.fx
Hi 4xq.
You would be able to explain your graphic revenues of this intervening system and indicating the entrance exactly. Besides I would like that you send the updated templates.

Dispense my English I do not speak it, use a translator.

Thanks.

Raul.
I posted pictures all over the tread, look at that for now...I didn't take shots today
Attached File(s)
File Type: tpl 4xp rainbow 1.3.tpl   17 KB | 2,049 downloads
File Type: ex4 Pivots.ex4   27 KB | 1,423 downloads
File Type: mq4 MA in Color.mq4   4 KB | 1,675 downloads
File Type: tpl 5 min xp.tpl   1 KB | 1,623 downloads
File Type: ex4 TradeManager.ex4   6 KB | 1,545 downloads
"Money is only a part of wealth" Q.
  • #414
  • Sep 5, 2008 4:53pm Sep 5, 2008 4:53pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
I started live trading with some minis for practice in eur and gbp.
LionKing is not finalized yet, I'm still tunning
Thu were too many news releases, I did only a few trades, for 57 pips
Today, Fri:
eur 9/1 ...89pip...did a -20pip trying a hedge
gbp 2/0...40pip
Total 11/1...91.7%...129 pips
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 02.Fri.sep.05.eur1.gif Size: 93 KB
Click to Enlarge Name: 02.Fri.sep.05.eur2.gif Size: 85 KB
"Money is only a part of wealth" Q.
  • #415
  • Sep 5, 2008 4:59pm Sep 5, 2008 4:59pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Some crazy lines, eh?...Picasso Break evens are part of a hedge method I'm trying
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 02.Fri.sep.05.gbp.gif Size: 101 KB
Click to Enlarge Name: 02.Fri.Sep.05.Trades.gif Size: 38 KB
"Money is only a part of wealth" Q.
  • #416
  • Sep 5, 2008 10:18pm Sep 5, 2008 10:18pm
Keep up the good work Q ! Great thread..................

"Q"
  • #417
  • Sep 6, 2008 3:00am Sep 6, 2008 3:00am
Quoting 4xq
Some crazy lines, eh?...Picasso Break evens are part of a hedge method I'm trying
4xp

Welcome to the real world (not demo world) . It is something else trading live. mini.
Posting your trades is great learning staff.
Please explain more about the "Picasso". It will be helpful. I know you had it in the past but it looks bit different now.

Thanks again
  • #418
  • Sep 12, 2008 9:33am Sep 12, 2008 9:33am
thanks 4xp for sharing this strategy, i love it! and may God bless your ministry bro!

i've been demoing this now for 1,5 weeks and i use version 1.3, i have a SL of 12 and a TP of 12 which makes a R:R of 1:1.

i have found the best time to trade is when a strong 5 min trend is on the way. So far I have made 30/35 (54% profit). Need to get it up before going live. the problem so far seems that when it crosses the s/r, then it makes a nasty retrace often which hits my SL.
  • #419
  • Sep 15, 2008 3:54pm Sep 15, 2008 3:54pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting Code4Capital
http://img78.imageshack.us/img78/636...atementsk6.gif

Yeah, I'm doing bad, trading with MT4 is the worst, 53K in one week? Crappy.
Glad for you code, right on
"Money is only a part of wealth" Q.
  • #420
  • Sep 15, 2008 6:03pm Sep 15, 2008 6:03pm
  •  4xq
  • | Joined Jun 2008 | Status: In This Sign You Shall Conquer | 281 Posts
Quoting affandiz
200++ pips on gu tf5.. thanks 4qx
You're welcome, I'm glad for you
"Money is only a part of wealth" Q.
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