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Simple Trading Method with trader101

  • #1,281
  • Sep 30, 2008 7:33pm Sep 30, 2008 7:33pm
Quoting Hermes69
Hi Perky,

your indicator is great. However, why do I get a different "strength number" in the various graphs. I.e., I do not get the same level of strength if I attach this indicator to different graphs of the basket. Why?
its not really my indicator i just calculated the backet strength using the difference fron the yellow line


different graphs??
you mean on different providers?? or timeframes on the same providr?
  • #1,282
  • Sep 30, 2008 7:55pm Sep 30, 2008 7:55pm
Time to go long guys !!!!
  • #1,283
  • Sep 30, 2008 7:55pm Sep 30, 2008 7:55pm
fixed the lock profit now
Attached File(s)
File Type: mq4 T101 v2.mq4   37 KB | 1,071 downloads
  • #1,284
  • Sep 30, 2008 7:56pm Sep 30, 2008 7:56pm
Well after 5-6 hours of reading, I'm ready to re-read.Two points for smooth handling of stupid questions.
Reply "Go to page 1" and if you really want to be nice link it.
Searching for a lost post or .mq4 version,
Do a Google search using Forex factory, thename of the thread or it's host and the item
If you do such a search right now

Forex Factory, trader101, markbcool

It will probably list this very page, as this is my first ever post.
Anyway back to re-reading i know I'll have pertinent questions soon
Markbcool
  • #1,285
  • Sep 30, 2008 7:56pm Sep 30, 2008 7:56pm
i went long, thats how i knew to fix the lock profit now
Quoting Kfx
Time to go long guys !!!!
  • #1,286
  • Sep 30, 2008 8:06pm Sep 30, 2008 8:06pm
Quoting trendchaser
iv added some new features once again

now you can toggle euity trailing on/off
this can also be done by moving a object on the chart, wrather than in the ea properties
move the object n itl change color
gray means false, it is off
white means true, it is on

on the chart, theres a lock profit now
if your not using the auto trail, you can lock in profit just one time
itl use whatever trail value u have set
default is 1, that means 1% trailing
theres a start_trail, the ea will not start trailing until u reach this level

theres a close half on the chart, this will close half the lots of each trade open

theres a close longs, close shorts

now the ea displays the pips from buy's n sell's
it shows what the highest reached pips was

we can use this to easily see if the move is getting weak or reversing

iv added a pip filter, default is set to 100 pips
this means if buy pips add up to 100 or more, and sell pips drop below 100 or more, wel have a signal

the signal will show that price is reversing if the pips drop 100 below the highest

if pips reach 0 or lower, the highest is reset to 0

every setting is customisable

theres a true/false added to the options called counter trade, if you want the ea to trade the counter trade

heres a screen shot
Attachment
The EA you have compiled is just fabulous. However, there is one missing important feature: the ability to go long 12 pairs and short 2 & go short 12 and long 2. Could you please code this as T101 as suggested in person? (the 2 pairs which are applicable on FxPro are USD/CHF and USD/CAD). I can't remember the other pairs on FBX since I do not trade there. Thanks!!!
  • #1,287
  • Sep 30, 2008 8:07pm Sep 30, 2008 8:07pm
Quoting trendchaser
i went long, thats how i knew to fix the lock profit now
I got stopped in 110€ ... good luck all
  • #1,288
  • Sep 30, 2008 8:13pm Sep 30, 2008 8:13pm
hmm, well if you reverse them symbols in the basket it will do that
but that may change the indy reading?

i can code that
Quoting Hermes69
The EA you have compiled is just fabulous. However, there is one missing important feature: the ability to go long 12 pairs and short 2 & go short 12 and long 2. Could you please code this as T101 as suggested in person? (the 2 pairs which are applicable on FxPro are USD/CHF and USD/CAD). I can't remember the other pairs on FBX since I do not trade there. Thanks!!!
  • #1,289
  • Sep 30, 2008 8:14pm Sep 30, 2008 8:14pm
Quoting trendchaser
i went long, thats how i knew to fix the lock profit now
How can I use fixed lots instead of Money Management? Should I disable the equity trail option?
  • #1,290
  • Sep 30, 2008 8:15pm Sep 30, 2008 8:15pm
Quoting trendchaser
hmm, well if you reverse them symbols in the basket it will do that
but that may change the indy reading?

i can code that
Yes, please. Code that. How to use fixed lots?
  • #1,291
  • Sep 30, 2008 8:16pm Sep 30, 2008 8:16pm
i think its best if you reverse them in the basket, you can run it on 2 seperate charts to compare the diference, you can also look at 1, but use the other
theres alot of places id made to edit the code

Quoting Hermes69
The EA you have compiled is just fabulous. However, there is one missing important feature: the ability to go long 12 pairs and short 2 & go short 12 and long 2. Could you please code this as T101 as suggested in person? (the 2 pairs which are applicable on FxPro are USD/CHF and USD/CAD). I can't remember the other pairs on FBX since I do not trade there. Thanks!!!
  • #1,292
  • Sep 30, 2008 8:17pm Sep 30, 2008 8:17pm
set risk to 0
Quoting Hermes69
Yes, please. Code that. How to use fixed lots?
  • #1,293
  • Sep 30, 2008 8:18pm Sep 30, 2008 8:18pm
Is there anyone with an IBFX IA that started on sunday night to share?
  • #1,294
  • Sep 30, 2008 8:20pm Sep 30, 2008 8:20pm
the ea can do that
instructions on page 70 & 86

Quoting Autumm
Is there anyone with an IBFX IA that started on sunday night to share?
  • #1,295
  • Sep 30, 2008 8:24pm Sep 30, 2008 8:24pm
Quoting trendchaser
set risk to 0
ok, done. Could you please explain better the trail option? I.e, if I set it to 2 and I have a profit of 3%, will it close my trades if equity retraces to 1%?
  • #1,296
  • Sep 30, 2008 8:27pm Sep 30, 2008 8:27pm
tes exactly, the target will trail the profit 2% behind
Quoting Hermes69
ok, done. Could you please explain better the trail option? I.e, if I set it to 2 and I have a profit of 3%, will it close my trades if equity retraces to 1%?
  • #1,297
  • Sep 30, 2008 8:29pm Sep 30, 2008 8:29pm
but, the trail will not work if its a negative number, if you have 1% profit and 2% traling, nothing will happen
if you decide to undo the trail, reset the ea, itl change back to -10
  • #1,298
  • Sep 30, 2008 8:29pm Sep 30, 2008 8:29pm
Quoting trendchaser
i think its best if you reverse them in the basket, you can run it on 2 seperate charts to compare the diference, you can also look at 1, but use the other
theres alot of places id made to edit the code
Could you please code it for me? I am getting lost within the code. Thanks
  • #1,299
  • Sep 30, 2008 8:32pm Sep 30, 2008 8:32pm
TC,
Thanks once again for all your help.Is it possible to have an audio alert when trend changes , of course ,when the trend is strong.Thanks .

Sorry for the trouble

kris
  • #1,300
  • Sep 30, 2008 8:33pm Sep 30, 2008 8:33pm
it has alert
Quoting ES Trader
TC,
Thanks once again for all your help.Is it possible to have an audio alert when trend changes , of course ,when the trend is strong.Thanks .

Sorry for the trouble

kris
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