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Powerful 1 Min Scalping System (Fx Prime)

  • #341
  • Oct 15, 2008 10:19pm Oct 15, 2008 10:19pm
Quoting Ronald Raygun
My EA does that!!!

Instructions:

  1. Set "SignalsOnly" to "True"
  2. Choose any combination of the three signals:

    1. Alerts
    2. PlaySound
    3. SignalMail

  3. The EA will then send signals to you however you want it

Ron,

Yes, I got the signalmail working now. Unfortunately, it sends the signal like every one or two second... my blackberry received 17 signals during the first minute of new signal. Is there a way to make it to send out once per setup?

Thanks for your help... much appreciated!
  • #342
  • Oct 15, 2008 10:38pm Oct 15, 2008 10:38pm
I took 3 trades based on this system and they all were losing trades.

Please let me know your views, thanks.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: trade1.jpg Size: 113 KB
Click to Enlarge Name: trade2.jpg Size: 126 KB
Click to Enlarge Name: trade3.jpg Size: 126 KB
  • #343
  • Oct 15, 2008 10:45pm Oct 15, 2008 10:45pm
Quoting FXHOUND
Ron,

Yes, I got the signalmail working now. Unfortunately, it sends the signal like every one or two second... my blackberry received 17 signals during the first minute of new signal. Is there a way to make it to send out once per setup?

Thanks for your help... much appreciated!
Done there is now a maximum of one signal per EA per bar.
Attached File(s)
File Type: mq4 Fx Prime.mq4   14 KB | 1,741 downloads
  • #344
  • Oct 15, 2008 10:56pm Oct 15, 2008 10:56pm
Quoting Ronald Raygun
Done there is now a maximum of one signal per EA per bar.
Hi Ronald,

Would it be possible simply to take the code and modify it into an indicator? I run a EA to manage my trades.. so I can't run two on the same chart.. Thanx for the help.
  • #345
  • Oct 15, 2008 11:24pm Oct 15, 2008 11:24pm
Quoting AnonEAfan
Hi Ronald,

Would it be possible simply to take the code and modify it into an indicator? I run a EA to manage my trades.. so I can't run two on the same chart.. Thanx for the help.
I'm crap at coding indicators. Couldn't you just open the EA on anotehr chart?
  • #346
  • Oct 16, 2008 12:48am Oct 16, 2008 12:48am
Quoting stevewide
Even though mt4 volume is not claimed to be representative of the entire interbank market, I was taught to use a 10 period sma of it for the standard indicator of volume that comes with MT4. See chart below...

The yellow line is a 10sma applied to the volume indicator which is dragged from the navigator view onto the volume indicator. You can make the volume the color of your background and just use the yellow 10sma line.

I don't really look at it much but it is a respectable substiture for a subscription service volume you get with esignal and other paid services.

Steve
Hi CD,

thanks for sharing great system in here ,I really appreciated.

Hi Steve ,

how can you drag 10 SMA to volume indicator ,i cannot do that ,i can drag OBV to volume indicator but not 10SMA

Thanks
  • #347
  • Oct 16, 2008 3:39am Oct 16, 2008 3:39am
Quoting artov
I took 3 trades based on this system and they all were losing trades.

Please let me know your views, thanks.
Hi art, fancy seeing you here....

Being no expert, I may be wrong, but I think your losing trades are easy to explain.

The 170 is the long term trend, so the signal is when the 34 cuts back in to that trend. Your 1st 2 trades are the other way round. And I reckon your last trade you were in just too late, or it was just a loser.

This system is a variation on one I use (and forms part of what we do in the 'room'). CCI6 on a 15M tells us the trend, then a signal is when a CCI6 on a 5M changes to that 15M direction.

But again this is no holy grail, and I think some earlier posters were thinking this was. The number of posts and people viewing gave that game away......

Congrats and thanks to Canadian Dude for putting this forward, but when all is said and done, trading on a CCI cross in to a longer term time frame is all this is (with some extra bells and whistles) and many systems that have gone before have proved that with good MM, they work well.

Matt.
  • #348
  • Oct 16, 2008 4:18am Oct 16, 2008 4:18am
Quoting Pips Queak
Hi art, fancy seeing you here....

Being no expert, I may be wrong, but I think your losing trades are easy to explain.

The 170 is the long term trend, so the signal is when the 34 cuts back in to that trend. Your 1st 2 trades are the other way round. And I reckon your last trade you were in just too late, or it was just a loser.

This system is a variation on one I use (and forms part of what we do in the 'room'). CCI6 on a 15M tells us the trend, then a signal is when a CCI6 on a 5M changes to that 15M direction.

But again this is no holy grail, and I think some earlier posters were thinking this was. The number of posts and people viewing gave that game away......

Congrats and thanks to Canadian Dude for putting this forward, but when all is said and done, trading on a CCI cross in to a longer term time frame is all this is (with some extra bells and whistles) and many systems that have gone before have proved that with good MM, they work well.

Matt.
Your right his loosing trades where not executed as per the rules of the system. And yes Matt your right, any sound system with good money management will work... this is no different, it forces you to trade with the trend and breakout. So it works!

Thanks for the kind words!
  • #349
  • Oct 16, 2008 4:49am Oct 16, 2008 4:49am
Hi C D
Anymore thoughts about using a chatroom?
Cheers
Jim
He has the right to criticize who has the heart to help. Abraham Lincoln
  • #350
  • Oct 16, 2008 4:51am Oct 16, 2008 4:51am
Quoting Jim4x
Hi C D
Anymore thoughts about using a chatroom?
Cheers
Jim
I want to concentrate when I trade dont think that would help...
  • #351
  • Oct 16, 2008 5:23am Oct 16, 2008 5:23am
I did not enter this Short trade even though the rules were met BUT, it was sitting at a fib and a daily Mid pivot level and it did bounce back.

CD, the price action has been erradic. Your views!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD621AMOCT16.jpg Size: 108 KB
  • #352
  • Oct 16, 2008 5:52am Oct 16, 2008 5:52am
Hi akhan I was looking at the same thing but I do recall CD saying to wait at S+R levels to make sure they are brocken. Hope it helps
  • #353
  • Oct 16, 2008 5:53am Oct 16, 2008 5:53am
Quoting akhan
I did not enter this Short trade even though the rules were met BUT, it was sitting at a fib and a daily Mid pivot level and it did bounce back.

CD, the price action has been erradic. Your views!
Yep rough little morning, still a little profit though

http://i33.tinypic.com/2dsesmx.jpg
  • #354
  • Edited 6:19am Oct 16, 2008 6:13am | Edited 6:19am
Agree, the market is very sideways and I am waiting for a breakout.

I did not trade scalping today yet, actually wished i did, since i would then have a little profit, instead of losing -29 (this was on my 15min trading).

This system had good ±70pip (sorry, rechecked ± 45) trades on the 1M GBP/USD, even tough the market has been sideways.
  • #355
  • Edited 6:18am Oct 16, 2008 6:18am | Edited 6:18am
Quoting aus1way
Hi akhan I was looking at the same thing but I do recall CD saying to wait at S+R levels to make sure they are brocken. Hope it helps
Yes, that's exactly the reason why even after the rules were met, I did not enter the trade as the price action was lurking around the s/r levels.
  • #356
  • Oct 16, 2008 6:29am Oct 16, 2008 6:29am
the gbp/usd has just gone up to another 40 odd pips with the last signal for buy.
  • #357
  • Oct 16, 2008 6:31am Oct 16, 2008 6:31am
Quoting Ronald Raygun
My EA does that!!!

Instructions:

 

  1. Set "SignalsOnly" to "True"
  2. Choose any combination of the three signals:

    1. Alerts
    2. PlaySound
    3. SignalMail

  3. The EA will then send signals to you however you want it

For some reason my friend it doesnt send me a signal...
  • #358
  • Oct 16, 2008 6:38am Oct 16, 2008 6:38am
hi canadian dude
i downloaded the indi in your first page . and i get this. it is different from what i see , i dont have the cci 34 and 170.. could you please take a look and tell me how i can fix it .
regards
  • #359
  • Oct 16, 2008 6:39am Oct 16, 2008 6:39am
Quoting Canadian_Dud
Your right his loosing trades where not executed as per the rules of the system. And yes Matt your right, any sound system with good money management will work... this is no different, it forces you to trade with the trend and breakout. So it works!

Thanks for the kind words!
Thanks for your views so far Matt and CD. But if I look into my posted charts, they all show both the CCI 170 and CCI 34 lined up with eachother. Why isn't that a valid signal then?
  • #360
  • Oct 16, 2008 6:40am Oct 16, 2008 6:40am
picture
sorrry i forget to post my screen
Attached Image (click to enlarge)
Click to Enlarge Name: bb with stochastics.gif Size: 83 KB
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