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Simple Trading Method with trader101

  • #1,821
  • Oct 5, 2008 5:56pm Oct 5, 2008 5:56pm
Quoting FOURX
got to be be producing ea's and be a computer wiz to participate , i guess?
dont get frustrated, dont cry now, man...what is it that you want??? List down the thing you need and i will persnally get it for you..now OK, seriuosly ill do it.....
  • #1,822
  • Oct 5, 2008 5:57pm Oct 5, 2008 5:57pm
Quoting FOURX
got to be be producing ea's and be a computer wiz to participate , i guess?
Hi FourX .... not sure if this will help you ... but have you tried the T101 Tech FAQ.doc on the clipboard ... its a brief explanation of what you scripts and eas ... the minimum for this strategy ... and where to put them ... I have just loaded up an FxPro demo with no problems following these instructions ... if your unsure which is the 'latest' file just check the clipboard again for the latest and cross reference to its comment if you are unsure .... If you have done all this with still no luck ... then sorry mate dont know what to suggest.

Oh and Thank you Trader101 for an exceptional system ... truly outstanding.
  • #1,823
  • Oct 5, 2008 6:08pm Oct 5, 2008 6:08pm
Not that I get it yet but putting in the screen time and looking forward to an ahah moment ..... Thanks again Trader101 for sharing your system, thoughts and generally awsome attitute .... an inspiration to us all.

Took me 16 hours to read this thread ... only took me 12 to read Dan Brown's Angles and Demons ... and this is by far a more exciting read.

This Thread reminds me of a Bernard Shaw qoute ...
" .. If I have an apple and you have an apple and we share our apples .. then you will have an apple and I will have an apple... but if you have an idea and I have an idea and we share our ideas ... then we both end up with two ideas ."

Thank you Trader101 and everyone else who shared their apples.
  • #1,824
  • Oct 5, 2008 6:40pm Oct 5, 2008 6:40pm
Quoting trader101
I am not using the Orest indic yet since the ccy pairs are unstable at the moment and the data it will give would be unstable as well. At this time of trading i rely on the IA and the profitcalc and some experience plus the jump pair technique. I will start putting it when the actual day of the daily candle start. Perhaps in about 4 hours formt he day start.
understood...thanks for quick answer.
  • #1,825
  • Oct 5, 2008 6:41pm Oct 5, 2008 6:41pm
I know, I opened this IA an hour late but I just wanted to state that the sells are so strong right now! It has already settled Buys on bottom and Sells on top.

Luke
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  • #1,826
  • Oct 5, 2008 6:50pm Oct 5, 2008 6:50pm
Quoting mike1349
Hi,
Thanks for this great system.I was reading it the whole weekend(Still page 20).I just jumped here and read the icicle instruction and started it.I loaded the orest indicator .Am I suppose to get the numbers after 1 hr or i did something wrong?

Thanks
Mike
I had the same problem earlier...I was using a mini account

1. open up the properties of the indicator and after every currency listed put a lower case "m" without quotes. If you know how to code, you can do this in the code as well and fix the indicator for future reference.

2. Also if you are using IBFX make sure that the buys and sell are correct and agree with page the 4th post on page 5 for ibfx users.

3. If this does not work, open a demo account and choose standard instead of mini.


Hope this helps!

RT
  • #1,827
  • Oct 5, 2008 6:55pm Oct 5, 2008 6:55pm
Quoting hndymann
I know, I opened this IA an hour late but I just wanted to state that the sells are so strong right now! It has already settled Buys on bottom and Sells on top.

Luke
Actually, when that situation occur i already do the 14 straight trade, but if you you want a little assurance, wait until at least the 2 top pairs has a ccy symmetry with the 2 bottom pairs. That way the trend is a little sticking now. You might lost a few pips at that is a little surer. My opinion
  • #1,828
  • Oct 5, 2008 7:05pm Oct 5, 2008 7:05pm
Quoting trader101
Actually, when that situation occur i already do the 14 straight trade, but if you you want a little assurance, wait until at least the 2 top pairs has a ccy symmetry with the 2 bottom pairs. That way the trend is a little sticking now. You might lost a few pips at that is a little surer. My opinion
Good tip, thank you. I'll have to test it out each way.
  • #1,829
  • Oct 5, 2008 7:06pm Oct 5, 2008 7:06pm
Ccy symmetry would mean that at least 2 of the opposing pairs have managed to successfully invade their respective other sides? So that slot 1+2 and slots 13+14 are now occupied by invaders?

Slade
  • #1,830
  • Edited 8:20pm Oct 5, 2008 7:11pm | Edited 8:20pm
Quoting slade
Ccy symmetry would mean that at least 2 of the opposing pairs have managed to successfully invade their respective other sides? So that slot 1+2 and slots 13+14 are now occupied by invaders?

Slade
Symmetry means they are equal on both sides.. for example.

1 GU
2 EJ
3 AJ
4
5
6
7
8
9
10
11
12 AU
13 EU
14 GJ

GU is furthest from its other half, then EU then AU


Remember these pairs repel one another
GU and GJ
EU and EJ
AU and AJ

Luke
  • #1,831
  • Oct 5, 2008 7:23pm Oct 5, 2008 7:23pm
What is the proper time to exit this trade? I"m up 310 right now.
  • #1,832
  • Oct 5, 2008 7:26pm Oct 5, 2008 7:26pm
Quoting netwrkgod
What is the proper time to exit this trade? I"m up 310 right now.
Well, that's up to the trader. You can enable the profitprotect ea provided by Julius or you can wait for anchor pairs to move away from their position or you can take profit when your happy with the result. There may be other things to look at for an exit, can you think of something else?
  • #1,833
  • Oct 5, 2008 7:30pm Oct 5, 2008 7:30pm
Quoting hndymann
Well, that's up to the trader. You can enable the profitprotect ea provided by Julius or you can wait for anchor pairs to move away from their position or you can take profit when your happy with the result. There may be other things to look at for an exit, can you think of something else?
I had the ProfitProtect on, but it only moved up to 50 pips. Is this a trailing stop? There aren't any really good instructions on this script.

Does the PP keeps moving up, or does it stay at 50?


***BTW - I closed out with a +330 pips.
  • #1,834
  • Oct 5, 2008 7:34pm Oct 5, 2008 7:34pm
USDCAD is alone in the half top with all sells, and EUGBP is below alone with all buys. Then i should buy both, correct?
  • #1,835
  • Oct 5, 2008 7:35pm Oct 5, 2008 7:35pm
Quoting netwrkgod
I had the ProfitProtect on, but it only moved up to 50 pips. Is this a trailing stop? There aren't any really good instructions on this script.

Does the PP keeps moving up, or does it stay at 50?


***BTW - I closed out with a +330 pips.
It is set for $ and I would bet you are only trading $0.10 per pip, because you are using a very small acoount. The Profitprotect is designed for a .1lot which is $1.00 per pip
  • #1,836
  • Oct 5, 2008 7:37pm Oct 5, 2008 7:37pm
Quoting smjones
It is set for $ and I would bet you are only trading $0.10 per pip, because you are using a very small acoount. The Profitprotect is designed for a .1lot which is $1.00 per pip
Nope, I'm using $1 per pip (0.10 lots).
  • #1,837
  • Oct 5, 2008 7:37pm Oct 5, 2008 7:37pm
Quoting netwrkgod
Nope, I'm using $1 per pip (0.10 lots).
So your 330 pips was $330 dollars profit?

Also note, that in the first part of the thread, I don't recal where there is pretty good documentation of what this EA does. I think I also put it in my .doc on page 90 as a uploaded doc.
  • #1,838
  • Oct 5, 2008 7:39pm Oct 5, 2008 7:39pm
Quoting netwrkgod
I had the ProfitProtect on, but it only moved up to 50 pips. Is this a trailing stop? There aren't any really good instructions on this script.

Does the PP keeps moving up, or does it stay at 50?


***BTW - I closed out with a +330 pips.
For MiniProtect --- goto post#488 page33
for AccProtect --- got post#239 page16

Just use the search tool of the forum next time.
  • #1,839
  • Oct 5, 2008 7:55pm Oct 5, 2008 7:55pm
Quoting smjones
So your 330 pips was $330 dollars profit?

Also note, that in the first part of the thread, I don't recal where there is pretty good documentation of what this EA does. I think I also put it in my .doc on page 90 as a uploaded doc.
Yes, it was $330.


Thanks!
  • #1,840
  • Oct 5, 2008 8:07pm Oct 5, 2008 8:07pm
Quoting hndymann
Symmetry means they are equal on both sides.. for example.

1 GU
2 EU
3 Au
4
5
6
7
8
9
10
11
12 AJ
13 EJ
14 GJ

GU is furthest from its other half, then EU then AU


Remember these pairs repel one another
GU and GJ
EU and EJ
AU and AJ

Luke

1 GU SELL
2 EU BUY
3 AU BUY
4
5
6
7
8
9
10
11
12 AJ SELL
13 EJ SELL
14 GJ SELL

U mean this??

Sonic
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