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Simple Trading Method with trader101

  • #1,621
  • Oct 3, 2008 8:50am Oct 3, 2008 8:50am
It really turn me nuts if someone submit that wide pages. Can we avoid this please.
Julius
  • #1,622
  • Oct 3, 2008 8:50am Oct 3, 2008 8:50am
Quoting rnhturner
See my chart here is saying long and others are saying

I changed my inputs on the T101v1.11 to match the IBFX required currencies.

Please remove your chart and then use the Manage attactments button at the bottom to load it as a file.
  • #1,623
  • Oct 3, 2008 8:55am Oct 3, 2008 8:55am
Quoting smjones
I have been watching the day and week since yesterday and the shorts were on the bottom. Then one moved up to the top anchor. That is described in the thread as the perfect setup.
Is it only SMJ paying attention to the simplist instruction? while everyone want to create an Orest indicator for 1,5, 15 & 30 min. Guys wait for the perfect setup, that way you maximize your profit and avoid loses. Start thinking simplification not confusion. Oh wait please no more indicator we have enough already. We have already the best two in the world the TC and Orest.
  • #1,624
  • Oct 3, 2008 8:58am Oct 3, 2008 8:58am
I just want to say 'hi' to Julius.

It has taken me 12+ hours to read this thread. 6 last night, and six until now.
It is midnight for me now, but i will be back Monday to keep following all developments.

Thread started with a lot of light, the dark forces moved in during many pages in the middle, but the good jedi seems to be fighting back hard and the proof is in the pip pudding.

Goodnight all, very tired.

P.S. Orest the 4 hour and 1 hour constantly are changing on my Alpari Demo. Guess you know that. But should it be fixed once it is past data? Only a tick by tick column should have data and trend strength moving....?
  • #1,625
  • Edited 9:16am Oct 3, 2008 9:02am | Edited 9:16am
Looks like another Non-TA based method in a making.....
I just hoped this is not another feel-good kantor thread...

I have a respect for T101 since his prev thread,,,and I hope u will guide/helps the traders with care....

Keep it up!
Sonic
Attached Image
  • #1,626
  • Oct 3, 2008 9:06am Oct 3, 2008 9:06am
Quoting trader101
It really turn me nuts if someone submit that wide pages. Can we avoid this please.
Julius
Sorry Master

I have failed you...

It shall not happen again, since I finally figured out what to do with help from other. I don't post much in forums and had to figure out how it worked. I first thought manage attachements was for things like indi's and such. I did not know it created those thumbnails. It was driving me crazy to see everyone else do it.

Anyway...it is all fixed now and I am sorry for the problem.
  • #1,627
  • Oct 3, 2008 9:06am Oct 3, 2008 9:06am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Quoting trader101
Oh wait please no more indicator we have enough already. We have already the best two in the world the TC and Orest.
no kidding, just thought i would DL the ones i need, 90+ indicators posted to this thread!!!
  • #1,628
  • Oct 3, 2008 9:12am Oct 3, 2008 9:12am
Quoting smjones
I changed my inputs on the T101v1.11 to match the IBFX required currencies.

Please remove your chart and then use the Manage attactments button at the bottom to load it as a file.

thanks for the heads up...

i misunderstood how to use attachments. I did not know it created those thumbnails. I don't post much in forums, so I am thankful for the heads up.

Are you saying that you changed your indi to meet ibfx and now yours are saying long too now?
  • #1,629
  • Oct 3, 2008 9:13am Oct 3, 2008 9:13am
Quoting sonicdeejay
Looks like another Non-TA based method in a making.....
I just hoped this is not another feel-good kantor thread...

I have a respect for T101 since his prev thread,,,and I hope u will guide/helps the traders with care....

Keep it up!
Sonic
Sonic, buddy
This is the reveal part of the "Simplicity is the key" journal nothing to do with any other thread you have encountered. Hang around buddy, benefit, you shall reap.
T101
  • #1,630
  • Oct 3, 2008 9:13am Oct 3, 2008 9:13am
Quoting rnhturner
Sorry Master

I have failed you...

It shall not happen again, since I finally figured out what to do with help from other. I don't post much in forums and had to figure out how it worked. I first thought manage attachements was for things like indi's and such. I did not know it created those thumbnails. It was driving me crazy to see everyone else do it.

Anyway...it is all fixed not and I am sorry for the problem.
thanks
  • #1,631
  • Oct 3, 2008 9:17am Oct 3, 2008 9:17am
Quoting rnhturner
thanks for the heads up...

i misunderstood how to use attachments. I did not know it created those thumbnails. I don't post much in forums, so I am thankful for the heads up.

Are you saying that you changed your indi to meet ibfx and now yours are saying long too now?
I'm sorry, I don't know what you are getting at here. I made sure the currencies in the indicator matched the set listed for IBFX in this thread. That is all I did. As far as the inicator goes, it is a great tool, but I had nothing to do with it in any way. sorry, scott
  • #1,632
  • Oct 3, 2008 9:22am Oct 3, 2008 9:22am
Quoting trader101
Sonic, buddy
This is the reveal part of the "Simplicity is the key" journal nothing to do with any other thread you have encountered. Hang around buddy, benefit, you shall reap.
T101
I get pretty excited, whenever I find a non-TA method that can make $$ consistently....and I am always trying to learn something new...

However, I get pretty p1ssed with Kantor thread, with their holly molly stuff..going on...I did tried to make myself a Bad Guy in the thread and pointed out the possible diaster looming...some of them listen..some of them don't..most of them get burnt very bad when the carry-trade pairs nose dive, sometimes back...Never hear from them since...

I just wish the whole epsiode will not repeat again...
Will be around buddy...

Sonic
  • #1,633
  • Oct 3, 2008 9:46am Oct 3, 2008 9:46am
I saw a very interesting correlation between bottom number on the IA and signal.
The magic number seem to be -$72.00. Whenever the loss exceeds 72 dol on IA go short and vice versa.
I mad atl east 15 trades with this idea and everyone made money.Not sure why there is so much correlation with that number. Or may be just a coincidence.
Kris
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  • #1,634
  • Oct 3, 2008 9:51am Oct 3, 2008 9:51am
Quoting smjones
I have been watching the day and week since yesterday and the shorts were on the bottom. Then one moved up to the top anchor. That is described in the thread as the perfect setup.
"In fact, when you are trading all buys you can either wait till the last BUY has left its own Anchor position or the first buy is occupying the opposite Anchor. When you are trading all sells you can either wait till the last sell has left its own Anchor position or the first sell is occupying the opposite Anchor."

for thoose watching the chart right now, all the longs are in the top now, minus EURGBP and USDCHF. Then if one of these go up it is a long signal too, correct?

i will read again the last TXT again the entire weekend (when i say entire i not talking about only 8 or 10 hours )


many thanks
  • #1,635
  • Oct 3, 2008 9:51am Oct 3, 2008 9:51am
@ orest - Feature request Just wondering if you can add in your indicator the functionality to output its Signal to a Data Buffer window in MT4 for each TF so when it detects Sell (Strong) toggles from 0 to 1, etc

Buffer 0 - Week1 (Sell Strong)
Buffer 1 - Week1 (Buy Strong)
Buffer 2 - Day (Sell Strong)
Buffer 3 - Day (Buy Strong)
etc.

Thanks
24 hours in a day – 24 bottles of beer in a case – Coincidence? I think not
  • #1,636
  • Oct 3, 2008 9:53am Oct 3, 2008 9:53am
Quoting smjones
I'm sorry, I don't know what you are getting at here. I made sure the currencies in the indicator matched the set listed for IBFX in this thread. That is all I did. As far as the inicator goes, it is a great tool, but I had nothing to do with it in any way. sorry, scott
sorry, but there may be a misunderstanding between you and me. I did the same thing you did.

no big deal...I think I have mine set right now and currently up 5% on my demo account based on the way mine worked.
  • #1,637
  • Oct 3, 2008 9:53am Oct 3, 2008 9:53am
Quoting ES Trader
I saw a very interesting correlation between bottom number on the IA and signal.
The magic number seem to be -$72.00. Whenever the loss exceeds 72 dol on IA go short and vice versa.
I mad atl east 15 trades with this idea and everyone made money.Not sure why there is so much correlation with that number. Or may be just a coincidence.
Kris
Kris
That is a question i like to answer because it is technical in nature. The $70.00 you see in the IBFX paltform is a cutt off point. This is the point of decision of the indicator to change indication and it is also the roughly equivalent to the spread you initially paid to the bucketshops and this is also the amount that you have to hurdle to start seeing profit in your trade. The program identified this as the earliest indicator of the basket currency trend.
Julius
  • #1,638
  • Oct 3, 2008 9:57am Oct 3, 2008 9:57am
One thing great from Trader101's method is there is nothing illogical or against common beliefs, so we can gradually digest and develop.

As to the kantors, I kept asking from very beginning why a stoploss is NOT needed? ...... it turns out 100% means 100% doomed if no stoploss is applied.

sorry, it is just not related with this thread.

Quoting sonicdeejay
...and pointed out the possible diaster looming...some of them listen..some of them don't..most of them get burnt very bad...

Sonic
  • #1,639
  • Oct 3, 2008 9:59am Oct 3, 2008 9:59am
Quoting rnhturner
sorry, but there may be a misunderstanding between you and me. I did the same thing you did.

no big deal...I think I have mine set right now and currently up 5% on my demo account based on the way mine worked.

make that 10% less than 5 minutes later...

I know I am way over leveraged here, but I wanted to push the limits a little bit.

When i go live on my own account I have a good idea of what are safe numbers and what is too much.

Kind of like buying a new car...you can't wait to see how fast it can go and how smooth the ride is, but eventually you know that answer and drive more conservatively where it is safer.
  • #1,640
  • Edited 10:03am Oct 3, 2008 10:01am | Edited 10:03am
Quoting smjones
Iam short IBFX

EDIT: Stopped out at $310 profit. A nice weekend treat. thanks
Hi smjones, do you look also at 4 hour and last hour? the chart you attached, is it before you made the trade or during the trade? Thank you
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