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Simple Trading Method with trader101

  • #1,141
  • Sep 30, 2008 7:01am Sep 30, 2008 7:01am
Ok i found it page 4, it would be nice if you could update the first post before others make the same mistake and ask the same stupid question
  • #1,142
  • Sep 30, 2008 7:03am Sep 30, 2008 7:03am
Quoting trader101
Very embarassing. Lost in his own house, Thanks Jim, like you im more of an excel guy, let see if we can modify/ tweak this indic, hope Orest will not flame me for attempting to do this.
Julius
You are more than welcome - we all wouldn't be on this thread without you!

1 there's space for 7 columns, so would be nice to use them
2 he has a different list of pairs from the original standard set
3 the indi doesn't seem to accept the first 9 hourly settings (ie 09 or 08 etc - so forced to use 10:00 onwards!)

Cheers
Jim
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #1,143
  • Sep 30, 2008 7:14am Sep 30, 2008 7:14am
Quoting crodzilla
Since my last post last night, I went long before I went to bed. Woke up this morning and I'm up 1100 pips. I changed my reference day to yesterday, and the longs have taken over. What a difference a day makes.

Carl

PS. I will start a new thread to post my program. This thread is getting very busy.
Are you sure you know now the system?? where your program is based upon?
Im a little worried that a little knowledge would be a dangerous thing. I really like your style, stay with us a little while, show us some colored chart, you didnt even share the code after i have shared you my method, i hope you are not selling anything that you are not familiar with. Thank you for dropping by and please close the door after you leave.
Julius
  • #1,144
  • Sep 30, 2008 7:17am Sep 30, 2008 7:17am
An EA is not just following trend. It should analysis the market.

If you run a well-analysised EA, orders should not be open at this point in time. Don't you think? Positions of LONGs and SHORTs are moved around, market need to re-analysis based on consolidation period.

baskets should be analysis again at this point.

I read the EA posted by trendchaser. I am surprise that an EA can be compiled in such a short period of time but I personally will not use this EA at this stage. As my first statement, an EA is not just following trend. This EA is exactly following the trend, but cannot detect any consolidation period by itself.

from last 12 hours, markets are reversing by 1000+pips, but EA from TC are still shorting all because its not analysis enough for the market.

Please forgive me by having such a strong reply. I strongly believe express my concerns are a positive contribution to this thread and ultimately the future of automating this methodology.
If everyone believes it, it will work.
  • #1,145
  • Sep 30, 2008 7:22am Sep 30, 2008 7:22am
Quoting EAprogrammer
An EA is not just following trend. It should analysis the market.

If you run a well-analysised EA, orders should not be open at this point in time. Don't you think? Positions of LONGs and SHORTs are moved around, market need to re-analysis based on consolidation period.

baskets should be analysis again at this point.

I read the EA posted by trendchaser. I am surprise that an EA can be compiled in such a short period of time but I personally will not use this EA at this stage. As my first statement, an EA is not just following trend. This EA is exactly following the trend, but cannot detect any consolidation period by itself.

from last 12 hours, markets are reversing by 1000+pips, but EA from TC are still shorting all because its not analysis enough for the market.

Please forgive me by having such a strong reply. I strongly believe express my concerns are a positive contribution to this thread and ultimately the future of automating this methodology.
Well, I'm testing only one day back and TCs EA shows BUY for me so that's what I did, in profit now
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,146
  • Sep 30, 2008 7:24am Sep 30, 2008 7:24am
I went long last night since DifferentW/OSwap was weakening.
Got up thiss morning and saw 313 pips.

Thanks T101.
Happy pippin' to all.
Attached Image (click to enlarge)
Click to Enlarge Name: 2ND-trade.jpg Size: 180 KB
  • #1,147
  • Sep 30, 2008 7:30am Sep 30, 2008 7:30am
Quoting Jimbop
0520 EST (guess I was basically still asleep)

reentered at about 0540 (again a guess) currently running -180

lol still better than -500 though lol

I need some work on my entries these were kinda poke and hope which is just plain silly...

Gotta go to work be back on in an hour (wont be able to see my trades though...
Jim you are in the right track..however you are faster than the rest of them. I have not teach the second part of this method yet. But what you did is exactly the next step although because of the lack of guidance the entry was wrong. I am in a long trade too on both platform it is struggling but positive. This total method is a non stop trading method. The reason why i did not go to the next phase becasue i think a lot did not get the Phase 1 first and i want all the excitement to die sown a bit first. To much excitement create hasty decisions and block the receptive mind. The Phase 1 is good enough to make a good living but mastering also the phase 2 will make luxuriuos living. The Phase 3 will make a gradeur living...i just added that LOL
In time..In time.. New technique, I will teach.. ... Stay, and master the bright side.. Leave and be with the DarkSide....
Ok Just horsing around
Julius
  • #1,148
  • Sep 30, 2008 7:33am Sep 30, 2008 7:33am
Quoting Jim4x
Hey! stop being a tramp waiting for handouts - READ THE THREAD!
OH oops it's you Julius - I'll make an exception
ha ha ha

http://www.forexfactory.com/showpost...&postcount=832

this link goes to T101_v1.6

i already have T101_v1.7...

which is which....

and is this indicator or script or EA (which folder)...

got it...sorry
i guess they are different...
T101_v1.6 is indicator
  • #1,149
  • Sep 30, 2008 7:34am Sep 30, 2008 7:34am
by default the ea is set to last weeks close, it would take alot of time before it showed a reverse, i stated its for a indicator, im not letting the ea trade

if you want to let the ea trade, through testing, i think look_back=4 tf=240 showed promice

Quoting EAprogrammer
An EA is not just following trend. It should analysis the market.

If you run a well-analysised EA, orders should not be open at this point in time. Don't you think? Positions of LONGs and SHORTs are moved around, market need to re-analysis based on consolidation period.

baskets should be analysis again at this point.

I read the EA posted by trendchaser. I am surprise that an EA can be compiled in such a short period of time but I personally will not use this EA at this stage. As my first statement, an EA is not just following trend. This EA is exactly following the trend, but cannot detect any consolidation period by itself.

from last 12 hours, markets are reversing by 1000+pips, but EA from TC are still shorting all because its not analysis enough for the market.

Please forgive me by having such a strong reply. I strongly believe express my concerns are a positive contribution to this thread and ultimately the future of automating this methodology.
  • #1,150
  • Sep 30, 2008 7:38am Sep 30, 2008 7:38am
Quoting EAprogrammer
An EA is not just following trend. It should analysis the market.

If you run a well-analysised EA, orders should not be open at this point in time. Don't you think? Positions of LONGs and SHORTs are moved around, market need to re-analysis based on consolidation period.

baskets should be analysis again at this point.

I read the EA posted by trendchaser. I am surprise that an EA can be compiled in such a short period of time but I personally will not use this EA at this stage. As my first statement, an EA is not just following trend. This EA is exactly following the trend, but cannot detect any consolidation period by itself.

from last 12 hours, markets are reversing by 1000+pips, but EA from TC are still shorting all because its not analysis enough for the market.

Please forgive me by having such a strong reply. I strongly believe express my concerns are a positive contribution to this thread and ultimately the future of automating this methodology.
EA
You are right...You have an analytical mind... As i mentioned in the last post. My method is non stop. It trades, it analyze. Nobody have yet get the logic of the market and the method i am presenting here. I wish we have some senior trader with programming prowess.
Whew very frustrating, to read all this non essential questions and looking for the lost owners and operation manual. Build the thread and they will come, im still here waiting...
Julius
  • #1,151
  • Sep 30, 2008 7:55am Sep 30, 2008 7:55am
Anyone having any trades?

im currently long usd/cad because it jumped up, out of its slot.
  • #1,152
  • Edited 8:05am Sep 30, 2008 7:55am | Edited 8:05am
Especially 101 for starting this great thread!

Just started reading the manual part of the Method & decided to try the EA from trendchaser and already in profit. So thanks to trendchaser for the EA ..... & I will use it as an indicator.

I will have to do a lot more reading to fully understand the Manual aspect of this. For now I will try the EA since it is so easy to use! IMO

Thanks all ..... look forward to the days ahead ............................
  • #1,153
  • Sep 30, 2008 8:03am Sep 30, 2008 8:03am
Quoting trader101
Jim you are in the right track..however you are faster than the rest of them. I have not teach the second part of this method yet. But what you did is exactly the next step although because of the lack of guidance the entry was wrong. I am in a long trade too on both platform it is struggling but positive. This total method is a non stop trading method. The reason why i did not go to the next phase becasue i think a lot did not get the Phase 1 first and i want all the excitement to die sown a bit first. To much excitement create hasty decisions and block the receptive mind. The Phase 1 is good enough to make a good living but mastering also the phase 2 will make luxuriuos living. The Phase 3 will make a gradeur living...i just added that LOL
In time..In time.. New technique, I will teach.. ... Stay, and master the bright side.. Leave and be with the DarkSide....
Ok Just horsing around
Julius
Looks like once we complete all the 3 phases, we are able to make a trade anytime. Whether long or short we still make money. Didn't saw any of your negative pips post, maybe that is the reason. We still have a long way to go. The journey had just barely began
  • #1,154
  • Sep 30, 2008 8:17am Sep 30, 2008 8:17am
Quoting trendchaser
by default the ea is set to last weeks close, it would take alot of time before it showed a reverse, i stated its for a indicator, im not letting the ea trade

if you want to let the ea trade, through testing, i think look_back=4 tf=240 showed promice
trendchaser,

I understand the tf but what is the look_back? Is that like 4 days or 4 hours? At first I was wondering why it didn't analyze the market too like what EAprogrammer said because your default settings is look_back=1 and TF=10040. I just realize that is for the weekly timeframe that's why the signal still saids sell and everybody else was talking about buy.
  • #1,155
  • Sep 30, 2008 8:21am Sep 30, 2008 8:21am
yeah, the look_back is bars on the tf, were looking back 1 bar on weekly

Quoting WhiteSand
trendchaser,

I understand the tf but what is the look_back? Is that like 4 days or 4 hours? At first I was wondering why it didn't analyze the market too like what EAprogrammer said because your default settings is look_back=1 and TF=10040. I just realize that is for the weekly timeframe that's why the signal still saids sell and everybody else was talking about buy.
  • #1,156
  • Sep 30, 2008 8:37am Sep 30, 2008 8:37am
Hey 101!

thanks alot for this great system
i make manually more then 650 pips today

attached the picture

thanks once again

NeTwIsE
Attached Image (click to enlarge)
Click to Enlarge Name: 30 septemeber 2008.JPG Size: 35 KB
  • #1,157
  • Edited 9:05am Sep 30, 2008 8:40am | Edited 9:05am
Quoting trader101
Are you sure you know now the system?? where your program is based upon?
Im a little worried that a little knowledge would be a dangerous thing. I really like your style, stay with us a little while, show us some colored chart, you didnt even share the code after i have shared you my method, i hope you are not selling anything that you are not familiar with. Thank you for dropping by and please close the door after you leave.
Julius
T101,
I will never sell anything to anyone reguarding any method.
I am a programmer and a trader. I have a passion for both. And I will share what I feel is worthy for the task at hand.
I never said I was an expert such as you in this strategy. I want to learn as much as anyone else here.
I hope this tool will help someone. If it does not, I will sorrowfully "close the door after I leave."

1. The pairs are the 14 IBFX pairs designated by T101. You must have those available.
2. Attach indicator to a busy chart. It will create data files in your Metatrader /experts/files directory.
3. Copy the program into that same /experts/files directory.
4. Run it.
5. Select a reference date.
6. Check the Realtime box.
7. Continue to play. Watch, read more of this thread.
8. Report any problems and get updates to the program here:
http://www.forexfactory.com/showthread.php?t=110309

Carl
Attached File(s)
File Type: zip T101 Package.zip   44 KB | 6,558 downloads
  • #1,158
  • Sep 30, 2008 8:40am Sep 30, 2008 8:40am
TC,
BTW..Great Work
I am looking back to the version of your work that was revised by Orest
T101_v1[1].6 which can be found Post#832 p 56. Right now you have 5 columns of previous 5 weeks. My request is the to change this to the following:
1st Column --- Last Week ( the current 4th column)
2nd Column -- This Week (the current 5th Column)
3rd Column -- This Day (Open 00:00 daily candle)
4th Column -- This 4 hours (the current 4h candle open)
5th Column -- This hour (The current 1h candle open)
I will appreaciate all the effort,
Julius
  • #1,159
  • Sep 30, 2008 8:46am Sep 30, 2008 8:46am
Just went long, lets see how it goes
  • #1,160
  • Sep 30, 2008 8:47am Sep 30, 2008 8:47am
Quoting netwise
Hey 101!

thanks alot for this great system
i make manually more then 650 pips today

attached the picture

thanks once again

NeTwIsE
Are there scripts for Marketiva to open all trades at once?
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
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