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Nomoretoxic's breakout

  • #1,021
  • Nov 17, 2008 8:53am Nov 17, 2008 8:53am
Quoting TheMonk
Hi

First trade on GBPCHF:

Price: 1.77645
SL: 1.77645
TP: 1.80815
TP hit

Is this correct ?
do you have the stop-loss as same as entry??
  • #1,022
  • Nov 17, 2008 9:04am Nov 17, 2008 9:04am
Quoting nomoretoxic
do you have the stop-loss as same as entry??
Sorry nomo my :

Price: 1.78315
SL: 1.77645
TP: 1.80815

I didnt use the indicator box just visual

I couldnt not see a good trade in EUR/USD today
  • #1,023
  • Nov 17, 2008 9:36am Nov 17, 2008 9:36am
Quoting TheMonk
Sorry nomo my :

Price: 1.78315
SL: 1.77645
TP: 1.80815

I didnt use the indicator box just visual

I couldnt not see a good trade in EUR/USD today
E/U has been choppy.


I am sitting on my hands today...not even a chance for me to counter-trend.
  • #1,024
  • Nov 17, 2008 10:08am Nov 17, 2008 10:08am
Thanks Nomo - did you think i had my SL too low at 65pips and I am kickin myself that i took profit at only 25pips ?
  • #1,025
  • Nov 17, 2008 10:32am Nov 17, 2008 10:32am
Quoting TheMonk
Thanks Nomo - did you think i had my SL too low at 65pips and I am kickin myself that i took profit at only 25pips ?
You should have your risk/reward at least 1:1...preferably 2:1
  • #1,026
  • Nov 17, 2008 12:02pm Nov 17, 2008 12:02pm
Quoting User Name
Hi Nomo,

Do you at any point adjust your stop loss to breakeven before taking your profit.

Also, thanks a lot for the detailed MM rules. You mentioned 2% risk per day, 1% per trade, is that 2% per session NY and London in your case or 2% for both sessions combined. I only trade the NY session, I'm sleeping during the london session and the Asian session doest have enough volume for the 2 pairs that I trade. I was wondering if I should increase that 1% to 1.5% or 2%, since I only trade one session.

Thanks,

Nomo,

Can you reply to my question, thanks
It's NOT GAMBLING when the odds are in your favor
  • #1,027
  • Nov 17, 2008 1:37pm Nov 17, 2008 1:37pm
Quoting cheelu
Hi Guys,

A new version available at
http://www.forexfactory.com/showpost...31&postcount=1

Added the popup alert and email alert functionality to the indicator itself. No need for alert EA anymore. Also fixed the problem where other nonbox related objects disappear when switching to different TF
Hi Cheelu:
First off, thanks for all the work you do here, it is greatly appreciated. Newb question, I don't see anywhere to edit to indicator that references to email alert, any help would be apprecaited. Also, I added it to experts, indicators, not just experts, hope this is correct.

Jim
  • #1,028
  • Nov 17, 2008 1:58pm Nov 17, 2008 1:58pm
Hi Jim,

I dont understand your question. Are u talking about where to enter ur email address etc.?

Quoting bigjim1958
Hi Cheelu:
First off, thanks for all the work you do here, it is greatly appreciated. Newb question, I don't see anywhere to edit to indicator that references to email alert, any help would be apprecaited. Also, I added it to experts, indicators, not just experts, hope this is correct.

Jim
  • #1,029
  • Nov 17, 2008 2:07pm Nov 17, 2008 2:07pm
Quoting User Name
Nomo,

Can you reply to my question, thanks
As for MM% if you're comfortable with less than 2% risk, it's acceptable on my view. Just be ware that risk is measured proportionally with reward. One goes with the other.

As for trailing stop, it's hard to tell. Personally, I don't do it at least using the box.

Hope it helps.
  • #1,030
  • Nov 17, 2008 2:08pm Nov 17, 2008 2:08pm
Quoting cheelu
Hi Jim,

I dont understand your question. Are u talking about where to enter ur email address etc.?
Yes, I've never set up an e-mail indicator before, do I go into edit on the indicator? Thanks for your patience.

Jim
  • #1,031
  • Nov 17, 2008 3:27pm Nov 17, 2008 3:27pm
Hi Jim,

Go to Tools->options->Email tab under MetaTrader. All email related credentials should go there.

Quoting bigjim1958
Yes, I've never set up an e-mail indicator before, do I go into edit on the indicator? Thanks for your patience.

Jim
  • #1,032
  • Nov 17, 2008 3:43pm Nov 17, 2008 3:43pm
Quoting cheelu
Hi Jim,

Go to Tools->options->Email tab under MetaTrader. All email related credentials should go there.
Thanks a ton.

Jim
  • #1,033
  • Nov 17, 2008 9:05pm Nov 17, 2008 9:05pm
Quoting nomoretoxic
As for MM% if you're comfortable with less than 2% risk, it's acceptable on my view. Just be ware that risk is measured proportionally with reward. One goes with the other.

As for trailing stop, it's hard to tell. Personally, I don't do it at least using the box.

Hope it helps.

Thanks
It's NOT GAMBLING when the odds are in your favor
  • #1,034
  • Nov 18, 2008 7:42am Nov 18, 2008 7:42am
Quoting cheelu
Hi Guys,

A new version available at
http://www.forexfactory.com/showpost...31&postcount=1

Added the popup alert and email alert functionality to the indicator itself. No need for alert EA anymore. Also fixed the problem where other nonbox related objects disappear when switching to different TF
Hi cheelu, This version is crashing my Mt4/platform. What is the solution? Thanks. Nerry.
  • #1,035
  • Nov 18, 2008 9:27am Nov 18, 2008 9:27am
Quoting NerryE
Hi cheelu, This version is crashing my Mt4/platform. What is the solution? Thanks. Nerry.
Me too. I get fatal error message, then MT4 closes.
"Money is easy to make, but hard to keep" - FWV 1975
  • #1,036
  • Nov 18, 2008 5:24pm Nov 18, 2008 5:24pm
which broker?
Quoting NerryE
Hi cheelu, This version is crashing my Mt4/platform. What is the solution? Thanks. Nerry.
  • #1,037
  • Nov 18, 2008 6:19pm Nov 18, 2008 6:19pm
Quoting NerryE
Hi cheelu, This version is crashing my Mt4/platform. What is the solution? Thanks. Nerry.
I know of one solution to systems crashing... and works the majority of the time my friend. Download the newest version of MT4 from your broker.

Good Luck
"To Be A Successful Forex Trader, You Need A Successful Forex Mentor."
  • #1,038
  • Nov 18, 2008 8:08pm Nov 18, 2008 8:08pm
Quoting cheelu
which broker?
For me, the broker is InterbankFX
"Money is easy to make, but hard to keep" - FWV 1975
  • #1,039
  • Nov 19, 2008 12:38am Nov 19, 2008 12:38am
Quoting cheelu
which broker?
Thanks for the reply. Alpari is the broker. Nerry.
  • #1,040
  • Nov 19, 2008 12:42am Nov 19, 2008 12:42am
Quoting CTGUY
I know of one solution to systems crashing... and works the majority of the time my friend. Download the newest version of MT4 from your broker.

Good Luck
Hi CTGUY, I've done that but still the same.I will try again. Thanks. Nerry.
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