I have not changed a thing with any zones but if you changed them before it means be re-downloading everything is back to my +2gmt and 5 decimal point broker settings.
I have added the new arrow indi and volumes which you can remove if you want, its just something I look at when markets are crappy, if they drop too low I don't bother trading. around the 120 level seems to be nice for e/j and g/u, around 200+ seems to be great (these are M2 chart levels only)
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any guess as to what the volume levels should be for eur/usd. Using the levels quoted above gives only a handful of trades for december. Perhaps the volume indicator is also broker dependent, since there is no central exchange for forex?? I'm using IBFX. thanks.
any guess as to what the volume levels should be for eur/usd. Using the levels quoted above gives only a handful of trades for december. Perhaps the volume indicator is also broker dependent, since there is no central exchange for forex?? I'm using IBFX. thanks.
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The volume you see in MetaTrader is only Tick volume and is very much broker specific (resulting in large discrepancies when trying to compare volume realted indicators). Anyone using a demo account will see even greater discrepancies.
It's all still good though. Just get use to how volume should be going through your brokers charts.
any guess as to what the volume levels should be for eur/usd. Using the levels quoted above gives only a handful of trades for december. Perhaps the volume indicator is also broker dependent, since there is no central exchange for forex?? I'm using IBFX. thanks.
FW
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Unlike trading stocks where volume is a useful tool , with currencies it is close to useless info as it is only from your broker . Far better to study momentum , ie. big long candles , steep trend etc which also tells you there has to be some decent volume in the market . Look at the difference in momentum when only the early markets are open compared to when London and New York open . CHEERS ALL -------- A HAPPY PROSPEROUS NEW YEAR !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
NSPS,
Thanks for mentioning Ninja Trader and AMPForex. I've been tinkering with their software and downloads this week. I have just about everything needed to mimic TK's setup in MT4 with the exception of a news indi and a good session/range indi. Still working on that one. I thought I'd post the chart here.
The Multi color MA is in their forum and is called "Double MA". I really am warming up to this because of the automated trade management possibilities and the fact that you can trade right off the chart.
NSPS,
Thanks for mentioning Ninja Trader and AMPForex. I've been tinkering with their software and downloads this week. I have just about everything needed to mimic TK's setup in MT4 with the exception of a news indi and a good session/range indi. Still working on that one. I thought I'd post the chart here.
The Multi color MA is in their forum and is called "Double MA". I really am warming up to this because of the automated trade management possibilities and the fact that you can trade right off the chart.
Thanks again for bringing this...
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Would you mind posting the indicators and template?
I love Ninja Trader! So fast and nice autotrading.....
You mentioned earlier in the thread, you are using this EA in conjunction with TK's system.
How do you attach the EA to a trade you want to enter that's not actually generated by the EA? Could you please explain? (I'm missing something here.)
What version are you using, 2 or 3? I have 3 and it's an .ex4 file so I can't look at the code to try to get answers.
Thanks in advance for any help you may provide. HAPPY NEW YEAR all!!
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I'm using V3
All I do is attach it to a chart, then enter a trade normally, either market or pending trade (I don't think it will work on the m2, so I attach it to my hidden m1). You also have to click the "allow live trades" box and to turn on EA's in MT4 then you'll see the happy face. The other settings like TP, SL, TSL and others are in the indicators edit dialog box. I can tell you this.....it doesn't always seem to be active so you should monitor the trade long enough to see the TSL move a bit then the TP will automatically pop up. I think its good to have the SL trail immediately for those trades that are like a 8-9 pip head fake...your loss on those trades will be minimized. You may find better instructions on the original thread, or perhpas PM the creator of the EA. Good luck next year!!!
NSPS,
Thanks for mentioning Ninja Trader and AMPForex. I've been tinkering with their software and downloads this week. I have just about everything needed to mimic TK's setup in MT4 with the exception of a news indi and a good session/range indi. Still working on that one. I thought I'd post the chart here.
The Multi color MA is in their forum and is called "Double MA". I really am warming up to this because of the automated trade management possibilities and the fact that you can trade right off the chart.
Would you mind posting the indicators and template?
I love Ninja Trader! So fast and nice autotrading.....
Diem,
I found this in the templates folder so I hope this is it. You should be able to import this whole zip into Ninja and use it. Not real familiar with NT still so I hope this works out.
Another 10% to my account. Happy 2009 to all!
