Simple Trading Method with trader101 | Page 40 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

trader101 method based trades 12 replies

Trader101 Method Back Testing Tool Q+A 16 replies

Setting up the Basics for Trader101 style trading. 28 replies

Attachments: Simple Trading Method with trader101
Exit Attachments

Simple Trading Method with trader101

  • #781
  • Sep 28, 2008 4:59pm Sep 28, 2008 4:59pm
Quoting trader101
Damn it you are right.. I used the wrong TradeHedge to open the trade. This is a total confusion. Guys we really have to clean up all this files. It as good thing I am in profit now. I am going to close my TA and recopen according to the IA. Hey this a mistake . Thanks Hansel
Trader101,

Thanks for sharing what you have so far.
Suggestion: You attach to the first post on the thread the most recent update of the indicators and EAs that have been tested and approved by you and delete from the first post out dated indicators and EAs.

That way everyone can know which indicators and EAs are being used at the present and that all the others are either outdated or are still in developement stage.... Just a suggestion so as to keep everyone on the same page...

Bruce
  • #782
  • Sep 28, 2008 5:01pm Sep 28, 2008 5:01pm
T101,

My TA looks like this. I don't know whether i'm in the right track.

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: myta.gif Size: 94 KB
-happyTrading-myFx.
  • #783
  • Sep 28, 2008 5:02pm Sep 28, 2008 5:02pm
Quoting tazmaan
Thanks for posting the login to your IA Julius. Much appreciated.

I wouldn't mind knowing what exactly moved in order for you to do the short entry. Ideally it would be very nice to be able to just follow your profitcalc recommendation as now it says Strong Short.
I am not sure if this indicator is enough to go on for entry? Still confused about that I guess.
I did go short with the tradehedge short, so we'll see how it goes.
When i was at the church this morning that idea struck my mind that i have to change the ProfitCalc also i did imagine what positioning it should be and it was completely different than the last profit calc. I have a notion that this ProfitCalc will become the most valuable Indicator. You and myself will test this and the trad i have now is the first test. Seems on the dot huh. If this will work pairs jumping will be just confirmation to the PCalc trend. It will be easy to all then to watch those dots jumping.
Julius
  • #784
  • Sep 28, 2008 5:06pm Sep 28, 2008 5:06pm
Quoting myfx
T101,

My TA looks like this. I don't know whether i'm in the right track.

Thank you.
OK you are an hour late to my entry. and you are using the full 1 lot reason y yuo are -600+ but in reality you are within the spread becasue the spread is -700. so u are still moving to oivercome the spread.
  • #785
  • Sep 28, 2008 5:07pm Sep 28, 2008 5:07pm
Quoting trader101
Use it to whatever method you see fit. This method has been there i think since the beginning of forex. It is this method that all indicator created was based upon. This the simplist indicator that will cover all indicators. The price indicator. They are all derived from here. Whether we deny it or not indicator complicates our trading lives, my intend is to keep it simple. Think of any trading method and it is this. It could be a breakout, a trend follower you named it. It is this one. It hard to believe but it is this one. Brian, i still have problem with that 100% hit rate. If that is true to you brokers will have you contracted. Just kidding...LOL Nobody knows where the market is going, we are speculating. If someone tells you otherwise curse him..
101 anytime you would like ill go on live opening up my brokers account
ill just cover the account number but every thing i said is true no retaIned non liqidated trades all lquidated, i have proven this many times, if you want i will show you on live room , just the 2 off us, i love your method, it can produce fantastic profts , as you say we alltrade our method i justmodify the way most people will use your system thats all

from BRIAN
  • #786
  • Sep 28, 2008 5:09pm Sep 28, 2008 5:09pm
Quoting Alex84
hey t101
Could you also put on the very first post the 2 good scripts to open short or long the 14 trades in trading account ?
The ones that i have counter usd chf and usd cad, is it still ok, or should we go short/long on all 14 now ?
thanks
This week we go straight no optimization unless we hear some credible fundamentals
  • #787
  • Sep 28, 2008 5:10pm Sep 28, 2008 5:10pm
Quoting smjones
No prob... thanks Scott

You don't have a tp built in do you? Are you still using a jump of 2 positions to takeprofit?
It is called profitlock in my EA because it is based on the profit not on pips
  • #788
  • Sep 28, 2008 5:12pm Sep 28, 2008 5:12pm
Quoting brucech
Trader101,

Thanks for sharing what you have so far.
Suggestion: You attach to the first post on the thread the most recent update of the indicators and EAs that have been tested and approved by you and delete from the first post out dated indicators and EAs.

That way everyone can know which indicators and EAs are being used at the present and that all the others are either outdated or are still in developement stage.... Just a suggestion so as to keep everyone on the same page...

Bruce
Right, In fact iam sounding an alarm to Admin people if they can make us 3 pages 1 which i intend to use for this collection of updated indicator and EA. I hope they are watching. Thanks to them in advance (sucking up a bit)
Julius
  • #789
  • Sep 28, 2008 5:15pm Sep 28, 2008 5:15pm
Quoting brijon
101 anytime you would like ill go on live opening up my brokers account
ill just cover the account number but every thing i said is true no retaIned non liqidated trades all lquidated, i have proven this many times, if you want i will show you on live room , just the 2 off us, i love your method, it can produce fantastic profts , as you say we alltrade our method i justmodify the way most people will use your system thats all

from BRIAN
OK brian, I am with you on this one, if you can convince of this 100% hit rate even just for the next 3 months min 200 trades. I will be your slave. LOL
Julius
  • #790
  • Sep 28, 2008 5:20pm Sep 28, 2008 5:20pm
OK first trade for the week. I got stopped at 126 pips or a profit of $104.84.
I know some of the "other guys" are watching this I have to make a good recording here or it will hit me in the face...LOL I will enter again short just getting my timing OK.
  • #791
  • Sep 28, 2008 5:21pm Sep 28, 2008 5:21pm
Quoting trader101
This week we go straight no optimization unless we hear some credible fundamentals
so where are the 2 scripts to go straight on all 14 ?
thanks
  • #792
  • Sep 28, 2008 5:27pm Sep 28, 2008 5:27pm
Excellent thread. Been reading it over and over. Are you basing this on a restarted IA that you had running before. Or a completely fresh one started at 4pm EST today. I started one on FxPro about 4.09pm EST and I'm guessing I'll have to let it settle a bit.

Either way, the latest Profitcalc_3 is crashing my MT4 using vista with a critical error. Is anybody else getting this error too?

Original profitcalc works fine though.

Regards
Steve
  • #793
  • Edited 6:12pm Sep 28, 2008 5:35pm | Edited 6:12pm
Quoting ronzzer
One of the things I REALLY INSIST on is that you at least change the version or name to identify your changes.

We now have the same name but different operation. Do you have any idea how much confusion that's going to cause?!?

And why dod you change it? There is a PROPERTY to select IBFX mini or not.

Ron(ForexMT4)
The way you described it was that you could select IBFX mini, but it would still try to buy / sell cadjpy and the original 14, not the IBFX 14. So I edited the scripts to be truly compatible with IBFX mini accounts.

Also, I DID change the name - I added IBFX to the front of each file name.


Anyway, I'll take them down for now to avoid problems. As I said, it's my first time trying to add anything so sorry if I committed any faux pas.

Or (and sorry to possibly add to your workload) - would you consider making a truly compatible script set for IBFX mini folks yourself then? Here are the hedge pairs according to Trader101, post #51:

Set 1(The Buys)
1) GBPUSD
2) EURGBP
3) GBPJPY
4) USDCHF
5) NZDUSD
6) AUDJPY
7) EURJPY
Set 2 (The Sells)
8) EURUSD
9) USDJPY
10) AUDUSD
11) NZDJPY
12) GBPCHF
13) CHFJPY
14) EURCHF
Total spread for Buys = 37
Total spread for Sells = 40

I know I would love it if I could use your scripts for the IBFX pairs - and I definitely trust your programming / script creating ability over my own. I tried to ask you / tell you all this in private, but you don't allow PMs.
Do you think the karate kid knows kung-fu?
  • #794
  • Sep 28, 2008 5:37pm Sep 28, 2008 5:37pm
Quoting Alex84
so where are the 2 scripts to go straight on all 14 ?
thanks
I suggest you look it yourself you have to back up and look for it that is the reason why i am not replying to your request. Leg work that your work I only answer to technical question. I hope you understand what i mean. Read and keep on read if you have to do twice and book mark it. You are not expecting me to do this for you, because you have more important things to do than myself.
  • #795
  • Sep 28, 2008 5:39pm Sep 28, 2008 5:39pm
Great thread u guys. So glad to see Trenchaser here. 101 I just opened a buy all in one demo and a sell all in another with your protect EA in both. Maybe ur EA with it's protect profit will make a winner out of both demos? I'll keep u informed. Maybe this is easier than we think. I really like the basket theme. Thanks Julius.
  • #796
  • Sep 28, 2008 5:41pm Sep 28, 2008 5:41pm
Quoting qz10cq
Great thread u guys. So glad to see Trenchaser here. 101 I just opened a buy all in one demo and a sell all in another with your protect EA in both. Maybe ur EA with it's protect profit will make a winner out of both demos? I'll keep u informed. Maybe this is easier than we think. I really like the basket theme. Thanks Julius.
Wow,
that is what i called innovation...Applaud, why i never think of that...
  • #797
  • Sep 28, 2008 5:42pm Sep 28, 2008 5:42pm
Got the IA set up.

Never before has the start of the trading week offered so much exciting potential. I am new here, so this week will be spent watching.

To those of you who have been here longer, make loads of pips. I wish you wall anyway, but if you can make pips this week then I can make them next week.

  • #798
  • Sep 28, 2008 5:43pm Sep 28, 2008 5:43pm
Reenter a new SHORT TRADES. and quickly is in postive territory now. Wow lots of money flowing guys and it is shorting the Forex World.
  • #799
  • Sep 28, 2008 5:56pm Sep 28, 2008 5:56pm
.... and the trigger for the re-entry?? was it the GBPCHF and GBPUSD re-taking the anchor positions? What was you GO sign to enter on this last one?

thanks...
  • #800
  • Sep 28, 2008 6:01pm Sep 28, 2008 6:01pm
Quoting mrkam
.... and the trigger for the re-entry?? was it the GBPCHF and GBPUSD re-taking the anchor positions? What was you GO sign to enter on this last one?

thanks...
EurGbp JUmps up & EurJ
5 traders viewing now