Simple Trading Method with trader101

hello
did anyone have any device to enter all the 14 pair at one time ??

example ..
one click can BUY all 14 pair
one click can CLOSE all 14 pair

thank you

LOL

101 and handyman i hope this video helps the explanation or at least gives us a talking point for 101 to further help us in the use of this trend identification , and also ive looked at the confirmation of trend using 8 currencys brians index and the usdjpy dollar index ,
its been difficult for me to comprehend but with 101 handyman and all of you guy its helpingme comprehend the system better

here is the video i made i hope 101 can coment ,please note my currencys have only been running for 2 days
Here is the link for the file you uploaded:
https://www.yousendit.com/download/b...MGs5NVdGa1E9PQ
THANK YOU GUYS , im slowof the mark, but slowly im getting there

from BRIAN

Is this what you are after page 12 #179

JTH

Can anyone help me to understand how T101 firgured which pairs need to be inversed thru optimization?

YES, THERE ARE SCRIPTS IN THIS THREAD THAT DO THAT

hi everyone,

As per previous conversation, I would like to develop an EA for this trading methodology.

Here is my idea, and please correct me if you see fit.

EA placement:
EA will be attached to any M15 chart (only), otherwise will be disable the EA.

EA refresh:
EA will refresh every 15 minutes.

EA logic(each refresh):
EA will keep track of the following item,
Item 1) all 14 pairs

Item 2) pairs that on the boundary ( should be only 2 ). Capture at 0000GMT
Item 2a) SELL pair just below the positive zone
Item 2b) BUY pair just below the positive zone

Item 3) total profit of group BUY

Item 4) total profit of group SELL

EA Long entry:
1) item 3 > item 4; and
2) Item 2b raising to TOP( make the most profit out of the group BUY )
3) LONG all 14 pairs

EA Long exit:
NOT YET DEFINE.

EA Short entry:
1) item 4 > item 3; and
2) Item 2a raising to TOP( make the most profit out of the group SELL )

EA Short exit:
NOT YET DEFINE.

Please comment on my logic and correct me if wrong. Exit strategy hasn't been discussed in detail.

Hello All,
My last Night Long trades was stopped at 233 pips or $210.58. I thought that i will be waking up this morning with at least $500 in my account. Well its good enough. We might make some money again on this US Session.

I have notice that there are still some people coming to the thread while most of us are sleeping and dont even bother reading the thread and keeps bothering everyone by those obviously annoying repeat questions. Let me ask a favor to all those who have been with me since the beginning of this thread and are serious trader, please do ignore this people. Do not respond to their repeat questions and perhaps politely tell then to take time to read the thread, while it is not that long yet. I would even be happy to see some of you barking on them. Their rude and annoying behavior are reflection that this traders have no respect for other people, inconsiderate.

EAProgrammer--I applaud your intention to make an EA for this method, however let me caution you that there a lot of human input in this method. I am really hoping that you can capture all those deatail that we have been discussing here. I know you are asking for the exit strategy.. Ok the exit strategy the i am proposing is none ..LOL...You can set the SL to roughly $ -560 (about -40 pips per pair) I have a ProfitLocking EA which i mentioned soemewhere in the earlier post that you can adopt. I think that is fairly enough or if you need more just ask me.

The entry should be the ouster of either the anchor pair and the trade direction will be the direction of the pair that are going up. The setting period should be at least 8 hours from the start of the market. If the trades are closed, a reanalysis of the pair be done again with the as to the direction of the profit. If it is moving towards zero from postitive or negative. A few sample of previous profits value should be stored by the EA to determine the direction pprior to closing the trades. If sample stored is the in the same direction as the previous trades the it will reopen trades in the same direction, if different, Ea remarking the Anchor pairs and wait for the leave its spot to repeat the cycle. Whew....hard to explain.. I hope you got it. Again i appreciate what you are doing.
T101

You can do it .
Wonderful.

I am a data anaylist/programmer in my daily job. I understand this trading methodology requires manual information capturing and it's because the system is not perfected to a state that can be write down into statements.

I will again collect all the information again and start to do my part. I personally think this EA has a lot of potential to be fully automated. This strategy requires a lot of analysis and requires bulk openings and closings and manual analysis over the long term is quite energy-consuming. Most important of all is the participation rate is very high.

It usually cost trader to implement their program, but I am volunteering for this cause I am very interested in this.

Stay tune.

EA Pro...
The ProfitProtection issue was mentioned on post # 239 page 16. I could make that as function once you have done the EA and make aline for me there, i think right after the start()
Start()
{
DoProfitProtect()

We want this profit check as the first thing this baby will do.
Cheers,
T101

Thanks t101,

I will collect all information and combine them into one single EA. I will fit your function into the EA during the development.

Honestly, guys and gals(if there are any) forgive me, im in a chatty mode right now. I never did realize in the beginning that there will be a lot of traders that will be interested in this method. This method could have been introduce here even by a high school kid, this is all logic trading and no big deal. For the past week, the readers of this thread was always more than the other system. In short very interesting out of the box. Having said this, it really creeps me out that a lot of traders some are even more veteran than myself are watching me all the time. In short I am afraid to make a mistake.
Please give me a break if i made a mistake.
THanks
Julius

You're a genius, Julius and your system a great system.
Go on, please.

Before i forget.. bro.
The other night, i develop and tested this trade management EA that will protect the 0.4 lots that i entered in this method. It should shead 0.1 lot on every pair if the profit hit $1620 and then lock half of that. and then wait again for $1620 then closes the 0.1 lots and locks again half of that. That is the logic. However, at the first close it only partial close half the trades. Waht happend, now i have 2 distinct lot sizes some are .4 and other are .3. Then screws up the EA because my marker for this to happend is based on lot sizes. I need to pick you brains here, Waht do you think is the most reliable partial close method you can recommend?
Thanks
T101

Sometimes so called a vetern traders are complicating their lifes. I don't care if its high school kid, or having a PhD in Investing. As long as the system is logical and fesible, its a good one.

Don't take mistake so seriously.

I succeed because I failed. If we are open to comment and continue thrive from where we failed, we will succeed.

Since I need to capture the logic behind all trades (profit or lost), so from this post and on. For each post of actual trades opened, I need you to post the followings:

1) Screen capture at the time of decision
2) Previous state of the system
3) Explain why you openn those trades
4) Exit strategy (if any)

Now you are adding my jitters... to make a mistake..
However, thanks for the vote of confidence
Julius

Bigggggg homework...
i will prepare it for you, give me sometime.
T

101 and hyndyman,
thanks for the beautiful explanation you both gave last night. I was able to read it only this AM. I live in chicago and was night when your response hit the thread. Now I am quite clear how this system works.

Thanks 101 for your great contribution. I have tried various methods but this sounds very logical. The system also seem to fit people like me who are busy during day time with regular job( may be I will be able to retire when this generates enough income. LOL).
Thanks once gain. Do you ever come to Chicago. Let me know thanks
Kris

The Holy Grail is born.