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Simple Trading Method with trader101

  • #1,401
  • Oct 1, 2008 5:01pm Oct 1, 2008 5:01pm
I won't be able to attend either, even though I want to.

I'm in a different time zone so I will still be at work. I don't have access to MSN Messenger - I tried - but only an administrator can set up Microsoft programs.
  • #1,402
  • Oct 1, 2008 5:08pm Oct 1, 2008 5:08pm
I will try my best Julius!!! Thanks for returning to us, man!
  • #1,403
  • Oct 1, 2008 5:30pm Oct 1, 2008 5:30pm
Thanks for your sharing ,i will join you in the lecture soon,thank you very much
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #1,404
  • Oct 1, 2008 5:34pm Oct 1, 2008 5:34pm
Quoting trader101
HELLO ALL,

I am planning to give a more extensive explanation of this pair jumpings that i know most of you like to do instead of the 14 pairs straight becaue perhaps of equity problem and too much spread for the broker. In a more orderly manner, if you are interested to attend, I will do in in MSN messenger. You download an MSN messenger and put me as your contact. You have my MSN on the right side of my username. Then you contact at about 6 PM EST then i will initiate and invite for you to join the lecture. At the end of the session i will accept questions. I will limit the the participants so we do it in a fisrt come fisrt serve basis. I did this, not to undermine the forum of FF but i want to save for the the length of the thread whichis becoming unbearable to red anymore. If you are planning to attend make sure you have a copy of this excell sheet that i am attaching to this letter. Please do not ask me how you can have an MSN messenger. Also when you contact me make sure you intorduce your username in FF not anyother name or i migth decline to incite you.
Julius
i am a bit confused i treid to put trader101 as a contact but it doesn't reconize your name. or am i doing it wrong please advice
JTH
  • #1,405
  • Oct 1, 2008 5:47pm Oct 1, 2008 5:47pm
Quoting jth
i am a bit confused i treid to put trader101 as a contact but it doesn't reconize your name. or am i doing it wrong please advice
JTH
His MSN name is listed in his profile.
  • #1,406
  • Oct 1, 2008 6:05pm Oct 1, 2008 6:05pm
Hello to you all,

This is my first post on forexfactory, and I want to thank you all for the wonderful work you have done. Big thanks to Trader101 for the concept of this simple trading method, EAprogrammer for continually helping to develop to codes. Hndymann for the videos that you posted along with the EA IA & Scripts Zip files. And Franco for the Excel spread sheet. Brijon, your 100% combining this method also sounds very good, and definitely something for me to look at.

I not not a computer programmer or completely upto speed with script writing, but am willing to help in anyway possible with date collection and calabiration, so anything i can do for you all in that respect I will.

While I have spent most of my time reading and re-reading over this thread (3 times) mostly the early pages, as to get my head around the method.

Today I finally set up my IBFX (standard) MT4 IA and Demo Account today, following the videos in Lukes (Hndymann - thank you very much, very easy to follow) post as not to fall too far behind from the rest of the group.

Reading further on it seems to me that this is now completely outdated, and I was wondering whether there was a post that I have missed which is similar the one Hndymann posted with guidance videos on and all the up to date IAs EAs and Scripts files.

As I have read on to the end today and realised how many changes there have been since this thread started and since the setup that I have followed with Lukes video, I do not want to fall behind again by re-re-reading again.

Any guidance on the KEY changes since Hndymanns setup videos on post #360, so I can adapt what I already have, would be very much appreciated.

Kindest Regards

And Thank you all in advance.

Smyler171
  • #1,407
  • Oct 1, 2008 6:17pm Oct 1, 2008 6:17pm
We all miss101 and his brilliant ideas.
Well any how this is how I have been trading. I use 2 trading screen.The first one has Orest indicator that shows the trend. BUT i dont follow until it is confirmed by majority of the currency pairs in second screen.This has an indicator called VQ bars. So far my trades have been going Ok.I want to try this for few more days on Demo before going Live>
kris
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 109.gif Size: 43 KB
Click to Enlarge Name: 110.gif Size: 75 KB
Attached File(s)
File Type: ex4 VQ_bars.ex4   5 KB | 2,929 downloads
  • #1,408
  • Oct 1, 2008 6:26pm Oct 1, 2008 6:26pm
Quoting trader101
HELLO ALL,

I am planning to give a more extensive explanation of this pair jumpings that i know most of you like to do instead of the ....
Julius
Julius,

Squeezed thru your system today and got a good theoretical grip of it. Got just one question or rather suggestion for you, squire.

When you open your demo positions you establish a price benchmark! Then you sit and wait trying to catch the moment when 2/4/6/etc. positions will cross this benchmark either direction only to jump on the bandwagon of a dominant trend. Why bend over backwards monitoring all this when you can just do a fairly uncomplicated price comparison (current price vs price at demo position open time) at every tick for selected currency pairs and act accordingly.

I read and read the posts here and see people from severely baffled to 'trying hard'. Why all this story with profit rankings in your spreadsheet? Is it just a visual? Your system is in fact straight-forward and easy but wouldn't just a simple price comparison against the benchmark (original 14 open positions) do the job?

Thanks and be back
Groovy
  • #1,409
  • Oct 1, 2008 6:56pm Oct 1, 2008 6:56pm
Quoting ES Trader
We all miss101 and his brilliant ideas.
Well any how this is how I have been trading. I use 2 trading screen.The first one has Orest indicator that shows the trend. BUT i dont follow until it is confirmed by majority of the currency pairs in second screen.This has an indicator called VQ bars. So far my trades have been going Ok.I want to try this for few more days on Demo before going Live>
kris
Couls you please elaborate a bit more how do you use VQ bars indicator and what does this indicator represent?
  • #1,410
  • Oct 1, 2008 7:00pm Oct 1, 2008 7:00pm
regarding the VQ bars. Are you waiting for them to turn green on the 1hr chart to trade LONG?

thx
  • #1,411
  • Oct 1, 2008 7:14pm Oct 1, 2008 7:14pm
went short 30 minutes ago eventhough orest indicator said to go long. lots of green pips. woh.I went short because all currencies except two showed green on VQ bars
  • #1,412
  • Oct 1, 2008 7:16pm Oct 1, 2008 7:16pm
sorry mistake ,correction for previous post
all currencies showed red VQ bars except two
  • #1,413
  • Oct 1, 2008 7:41pm Oct 1, 2008 7:41pm
A mixture of readings from my IA, Orest's indi, Carl's software and s&r fib indicators has encouraged me to both take and remain in EU sell trades that have netted a lot of live pips today. Lovely.

On demo, the basket trading thing is looking good - far more pips than I made live. Every time I take a short position and leave it for a couple of hours, the result is a few hundred pips profit.

  • #1,414
  • Oct 1, 2008 7:42pm Oct 1, 2008 7:42pm
the ea is short
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  • #1,415
  • Oct 1, 2008 7:44pm Oct 1, 2008 7:44pm
Quoting trendchaser
the ea is short
I guess your not using v2.2, mine still says Ranging.
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,416
  • Oct 1, 2008 7:48pm Oct 1, 2008 7:48pm
i reset the ea bot a hr ago
Quoting matrixebiz
I guess your not using v2.2, mine still says Ranging.
  • #1,417
  • Oct 1, 2008 7:50pm Oct 1, 2008 7:50pm
im using this, default settings
Attached File(s)
File Type: mq4 T101 v2.4 ea.mq4   38 KB | 2,242 downloads
  • #1,418
  • Oct 1, 2008 7:59pm Oct 1, 2008 7:59pm
i got stopped out, so i reset the ea again, if u get stopped out, and ea has changed sigs, when it changes back itl reenter, if the sig never changed
it wont reenter
  • #1,419
  • Oct 1, 2008 8:02pm Oct 1, 2008 8:02pm
oops, i said that wrong, if you get stopped out on shorts, only longs are allowed now

i reset the ea so it can trade again long and short

when the ea entered the short trade, it changed a variable that says, only longs allowed, shorts not allowed, if i get a long, itl change to, only shorts allowed, this prevents reentry
  • #1,420
  • Oct 1, 2008 8:07pm Oct 1, 2008 8:07pm
i think the 700b decision is supposed to happen soon
just thought id say that
i think it was scheduled to start 8 minutes ago
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