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Tkpower8 ATM

  • #61
  • Dec 15, 2008 11:10am Dec 15, 2008 11:10am
Quoting sed34
well, i get the 2 minute chart up ok, but it doesn't move. its stuck at one price. looks like i will have to try the 1 min chart.
That may be because you deleted the 1 min chart after you loaded the 2min offline chart. You must keep the 1 min chart open, because it actually feeds the 2 minute chart.

So the steps are, you open a 1 min chart and then apply the Period converter opt to it.

You select 2 as the multiple

you then MINIMIZE the 1 minute chart

then go to file and select your 2 minute chart from the list of offline charts

As long as you keep you 1 minute chart minimized and do not close it, your 2 minute will update in real time.
  • #62
  • Dec 15, 2008 11:11am Dec 15, 2008 11:11am
http://C:%5CDocuments%20and%20Settin...ktop%5Ct82.gif
Quoting sed34
well, i get the 2 minute chart up ok, but it doesn't move. its stuck at one price. looks like i will have to try the 1 min chart.
You need to have the 1 min open and the m1form2 template on it. Then follow the steps in The first post. I am not super savvy, but I believe the 2min needs the 1min open or at least minimized.http://www.forexfactory.com/C:%5CDoc...ktop%5Ct82.gif
Attached Image (click to enlarge)
Click to Enlarge Name: t82.gif Size: 73 KB
  • #63
  • Dec 15, 2008 11:12am Dec 15, 2008 11:12am
Quoting teckmax
This can happen if you close the 1 minute chart that you used to create the 2 minute. Leave the 1 minute open after you create/open the 2 minute.

Let me know if this works. It fixed my problem.
it works on the eur/usd but the eur/jpy does nothing. let me keep trying
  • #64
  • Dec 15, 2008 11:15am Dec 15, 2008 11:15am
Quoting sed34
it works on the eur/usd but the eur/jpy does nothing.
You must repeat the process for each pair you use. so a ej would have a ej 1 minute and a ej 2 miute offline.

So for eu and ej, you have a total of 4 charts running. 2 are minimized and 2 are offline 2 minute
  • #65
  • Dec 15, 2008 11:17am Dec 15, 2008 11:17am
Quoting maxreturn
21sma equals 21 period simple moving average

Regards
Max
I'm sorry wasn't trying to be mean or anything like that, just stating
what tk say in his post.
  • #66
  • Dec 15, 2008 11:25am Dec 15, 2008 11:25am
Quoting sed34
well, i get the 2 minute chart up ok, but it doesn't move. its stuck at one price. looks like i will have to try the 1 min chart.
Make sure you have checked the dll imports, sed.

Thanks to TK8. Another fascinating thread!
  • #67
  • Edited 11:30am Dec 15, 2008 11:29am | Edited 11:30am
Thank you so much tk8!

I'm starting to trade this method live in my real account tomorrow and I think it would be beneficial to all (including myself) to post my first 20 or so live trades for critiques.

If any of you would be interested in watching one trader master this method in a real account, please let me know.

I would post wins & losses daily for all to see and comment on as a learning experience for everyone. I "think" this would help people, but if you guys think it's a waste of time, please let me know.

Thanks
  • #68
  • Dec 15, 2008 11:30am Dec 15, 2008 11:30am
Quoting dan55
I'm short here...
You had me worried Dan!

Then I noticed the differences in the times in your charts.

Phew!
  • #69
  • Dec 15, 2008 11:34am Dec 15, 2008 11:34am
Quoting teckmax
Thank you so much tk8!

I'm starting to trade this method live in my real account tomorrow and I think it would be beneficial to all (including myself) to post my first 20 or so live trades for critiques.

If any of you would be interested in watching one trader master this method in a real account, please let me know.

I would post wins & losses daily for all to see and comment on as a learning experience for everyone. I "think" this would help people, but if you guys think it's a waste of time, please let me know.

Thanks
How about a couple of each rather than 20 , give others a chance to post .
  • #70
  • Dec 15, 2008 11:35am Dec 15, 2008 11:35am
Quoting teckmax
Thank you so much tk8!

I'm starting to trade this method live in my real account tomorrow and I think it would be beneficial to all (including myself) to post my first 20 or so live trades for critiques.

If any of you would be interested in watching one trader master this method in a real account, please let me know.

I would post wins & losses daily for all to see and comment on as a learning experience for everyone. I "think" this would help people, but if you guys think it's a waste of time, please let me know.

Thanks
I'd be interested and grateful if you did that Teckmax!!!
  • #71
  • Edited 11:45am Dec 15, 2008 11:42am | Edited 11:45am
Quoting steel777
How about a couple of each rather than 20 , give others a chance to post .
Yeah - I agree - it'd be best if many people did this so we can all critique each other's charts along the way. I only trade for 1-2 hours during the euro session so I only do 1-3 trades per day anyways.

I found the FX-50 thread to be confusing because everyone started talking about different indicators/templates/etc.. It's nice to have a thread focused solely on following the original rules so people learning don't get bombarded with options that may slow their progress.

For me seeing trade after trade after trade is what helps me learn to recognize good and bad setups. Ultimately, only experience will teach you the nuances of the method though... Just my 2 cents
  • #72
  • Dec 15, 2008 11:44am Dec 15, 2008 11:44am
Quoting thatwasme
That may be because you deleted the 1 min chart after you loaded the 2min offline chart. You must keep the 1 min chart open, because it actually feeds the 2 minute chart.

So the steps are, you open a 1 min chart and then apply the Period converter opt to it.

You select 2 as the multiple

you then MINIMIZE the 1 minute chart

then go to file and select your 2 minute chart from the list of offline charts

As long as you keep you 1 minute chart minimized and do not close it, your 2 minute will update in real time.
thanks. it worked.
  • #73
  • Dec 15, 2008 11:46am Dec 15, 2008 11:46am
Quoting ubp
http://C:%5CDocuments%20and%20Settin...ktop%5Ct82.gif

You need to have the 1 min open and the m1form2 template on it. Then follow the steps in The first post. I am not super savvy, but I believe the 2min needs the 1min open or at least minimized.http://www.forexfactory.com/C:%5CDoc...ktop%5Ct82.gif
thanks for your help.
  • #74
  • Dec 15, 2008 11:46am Dec 15, 2008 11:46am
Quoting dan55
I'm short here...
That worked out nicely for you Dan, I would have entered on the next setup 6 mins later though
  • #75
  • Dec 15, 2008 11:57am Dec 15, 2008 11:57am
I am not having my 21ma up dating the way it should. What should I do to have the 21 ma to update.
Here is picture of 2 chart one is manually updated on the other one was just let run.
Can some one help?
Barry
Attached Image (click to enlarge)
Click to Enlarge Name: snap0201.jpg Size: 85 KB
  • #76
  • Dec 15, 2008 11:58am Dec 15, 2008 11:58am
Quoting 4FXsake
You had me worried Dan!

Then I noticed the differences in the times in your charts.

Phew!
Thanks 4FXsake;

I'm having free ride on this short now. Will leave it open for my target.
  • #77
  • Dec 15, 2008 12:03pm Dec 15, 2008 12:03pm
Quoting tkpower8
That worked out nicely for you Dan, I would have entered on the next setup 6 mins later though
Yes, i understand. thank you TK. But bear eating bull near SMA while CCI changes color with triple stoc touching 60 is very enticing.
  • #78
  • Dec 15, 2008 12:03pm Dec 15, 2008 12:03pm
Quoting qwer1234
Tkpower8,
why do you use a 2 minutes chart?
Is it to avoid stop hunting or something similar?
I'm going to answer this one because it is a good question but I will be adding this answer into post 1 also. Thanks for asking something that has not been clearly anwered anywhere.

Think of it this way, the larger the timeframe, the more pips each candle is on average. Therefore as we increase the timeframe the bigger the SL gets. If we go to M1 we will get into many good trades but have many false signals and its harder to weed through them. Increasing to the M2 significantly decreases the ratio of false signals to good trades and does not make our SL's much much bigger. If however we increase our timeframe, we decrease trades per day, so I had to strike a balance of trades signalled aswell as good ratio of quality trades vs false signals. For me that has been the M2, but feel free to try this on the M3, I have not tested that so don't ask me about results. I have tested the M5 though and it works great with an 8SMA but SL's are much bigger and trades are fewer.
  • #79
  • Dec 15, 2008 12:08pm Dec 15, 2008 12:08pm
Quoting dan55
Yes. thank you TK. But bear eating bull near SMA is enticing.
Hehe, it really is. I used to trade way too much though and learnt that in the long run its best to stay with only the solid signals instead of giving some of your profits back with no real reason.

If I lose a solid signal trade it does not bother me, its a numbers game and so if 80% of solid signals work then if you get a loss you can actually be happy, you just got a loss out of the way and odds have swung even further in your favor for the next trade.
  • #80
  • Dec 15, 2008 12:10pm Dec 15, 2008 12:10pm
Hi, TK
Thanks for your hard work and willing to spend so much time to us.

I got one question that i am looking for help about the SDX-TzPivots.
You said that you are in the GMT+2.00 zone area and the SDX-TzPivots setting in your template are
local time zone = 2
desk time zone = 0
line style = 2

But i am in GMT+8.00 zone area, so is that mean i have to change the setting of the local time zone to 8 or just do nothing on it??
My metatrader time is GMT+0.00.

Thanks for you guys that are willing to help me.
Thanks v much.
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