Simple Trading Method with trader101

Quoting trendchaser

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good point brian

i didnt mean to add to any distractions
i think it would suck if ppl moved to a private room

maybe we should just not post any indies or ea's here
and leave this thread to trader101's manual trades

im very interested to see his future post's, charts ect...ect
i realy am sorry if iv added to the confusion

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Quoting azjeff

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Hello Trendchaser,

If you have read all of trader 101 comments in the thread you would see that he is ok with people that want to make an ea or post an indicator as long as it is to his method. Please go back and read the whole thread as you will understand what his system is all about. We do appreciate your contributions in this thread as long as they are to Trader 101's system.

Regards,
Jeff

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Quoting trendchaser

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from what i see, im to his method so far, as far as the ea being a indy
unless we need to modify how i calculate pips, the spread isnt counted, and my start time updates

i made some changes
new changes are, you can now edit the symbols in the ea properties
this means changing pairs according to your broker, or removing the m for ibfx standard

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Quoting Pardy

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That helps, thanks a lot. Maybe the amount or percent by which it changed could be relevant too? Or monitoring the total of + or - on the buys and sells over a period as an indication of trend change or strength of trend change. Will check it out. Pls forgive if this doesn't make sense - I'm starting my IA on Sunday.

Pardy

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Quoting trader101

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OK let set down to business now that the IA is set. Ok put the new ProfitCalc on the IA, oops can you do that in an investor, opps we screwed up again. anyway that is minor.

I appreciate all those mond testosterone that you all have, this is what makes this thread very popular now, and i am not here to stop the flow of those brain fluid, however we should have some order here or we all are going down here. First, let me state that TC's EA work is very impressive however, he should expalin it furthe, firt i want to know what will trigger the 14 buys or the 14 sells?,
right now, the ea looks at all 14, it counts which is in profit and which is not, whichever is in most profit between buys n sells, the ea trades that
but the trading part isnt ready, its mearly a indicator for now second since you have no chart of the actual trade where are you suppose to get the input to trade?the ea uses marketinfo to retrieve data from all the pairs If you are using just the pip value, then that is not the basic of this method. We need profit in currencies.. I know .. I know it is easy you just multiply the value of each pair to the currency value.opps, your right, i missed that OK having said that, I think we should allow TC to do since because he seems to be in to it already. The rest of those other smart programmer, will just criticise the work of TC oafte he has done it.. Hows that for an arrangement? are up to it TC,sure WE will leave this monumental task to your able programming skills. Now if other smart coder, you can always input somthing to TC, but let him handle the thing..OK

Ron-- your job is superb and that script is very professional, now if you guys want to revise someone else work up the revision number, please.

Franco -- your excel is dearest to me I am more of an excel guys anyways.

The rest of us who will just be waiting for the finish product have to keep our finger that this guys do a good job where we can actually trust our hard earned dollars. On the indicator, i would really encourage to make and original one rather then using othe people indicator, but if we use their indi lets give them the credits.
I need a response from TC if he is up to this job. The rest HOLD your horses.
I hope this settles this.

On the SL issue, yes it is taken cared off by the Profit Protect EA. You cannot do the SL on one individual pair, it should be a basket SL of 40 pips x 14 x $1 = $560 for 0.1 lot trading. Just use the Profit protecr it is incorporated in there. TC you remember i was bugging you in the other bout the most reliable partial close. This is where its going to be used. Anywayt its there. I know TC will incorporate this in the EA, once you are in the portion i will make the function for that.
Are we settled now. Let make some pips then

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Quoting brijon

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originaly i placed you script into experts (stupid mistake) turned on live trading and of course developed a non stop trading list of all currencys, til luke told me it was a script file , lo and behold LUKE STEARED ME RIGHT i had the correct setup

however this stupid mistake showed me exactly how the sum total running total changed + or minus total changed as the trend changed on the 15minute chart , wow i thought this is really cool

WHAT IF I COULD USE THIS SIMPLE THING tied to the movement of the dollar index as the dollar index refects in the individual currencys i have a perfect entry and exist , julius has hit on a gold mine in his theory and list of currencys ,my mistake has opened up an idea , i woke up opened up my charts and relooked. there it was the answer of perfect entrys and closes

so the next day i started a live trade on 2 currencys to prove how your
experience of using this could work for me


uncany non stop perfect entrys AND EXIST 20 MINUTES TRADING
PERFECT ENTRY PRICES AND EXISTS 100%HIT RATE

SO EASY SO COOL

OK I STILL HAVE PROBLEMS WITH THE ANCHOR CHANGING POSITION.
and traking it , i can identify the strength of the anchor in relationship with the dollar index on individual currencys and the anchor, apart from aligning up your original list in order on metatrader 4 chart set up is there an easier way or do you still use your list on the desktop?

from BRIAN







FROM BRIAN

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