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Attachments: Tkpower8 ATM
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Tkpower8 ATM

  • #1,241
  • Jan 8, 2009 1:12pm Jan 8, 2009 1:12pm
Quoting gasgas
After +7 pips, ea sets to breakeven.
gasgas can you attach this EA? I'm looking for something like that which will work with broker with 5 decimal points.
I'm using Google Translator.
  • #1,242
  • Jan 8, 2009 1:46pm Jan 8, 2009 1:46pm
Quoting Gajowy
gasgas can you attach this EA? I'm looking for something like that which will work with broker with 5 decimal points.
No problem...here you go.

Attach it on minimized M1 chart, not M2, or else it wont work.
Attached File(s)
File Type: mq4 Mauro_Trailing.mq4   17 KB | 371 downloads
  • #1,243
  • Jan 8, 2009 3:29pm Jan 8, 2009 3:29pm
Hi Gasgas,

Can you tell me do I need to change something in that Trailing Stop to get it to attach to a 4 decimal chart ?

Thanks
Money grows on the tree of persistence
  • #1,244
  • Jan 8, 2009 3:34pm Jan 8, 2009 3:34pm
Quoting ozmacca
Hi Gasgas,

Can you tell me do I need to change something in that Trailing Stop to get it to attach to a 4 decimal chart ?

Thanks
You dont have to change anything. Try on demo first.

Gasgas TY !
I'm using Google Translator.
  • #1,245
  • Jan 8, 2009 9:21pm Jan 8, 2009 9:21pm
Sorry but what file do we put it in

Quoting gasgas
No problem...here you go.


Attach it on minimized M1 chart, not M2, or else it wont work.
Losers Complain, Winners Train! Utah
  • #1,246
  • Jan 8, 2009 10:47pm Jan 8, 2009 10:47pm
Hi Mightypip,

so far I have worked out that it is an expert not an indicator

haven't got it to actually do anything yet
Money grows on the tree of persistence
  • #1,247
  • Jan 8, 2009 11:06pm Jan 8, 2009 11:06pm
Quoting jdcompute
Another good day for this method. I'm loving it. It's now the ONLY system I trade. I notice that around the 1:00-2:00PM CST timeframe, things get really choppy and unreliable. By the way, I grabbed around +55 or so pips this morning.
hi jdcompute,

I have 2 questions:

1. as you trade at OANDA - what timeframe do you use for this system?

2. what's the reason you trade this as ONLY system -- what about Spud's MTF and Escalator to PIPs?


Thanks MJ
__Thanks__ MJ
  • #1,248
  • Jan 9, 2009 1:41am Jan 9, 2009 1:41am
Quoting ozmacca
Hi Mightypip,

so far I have worked out that it is an expert not an indicator

haven't got it to actually do anything yet
Quote
Mightypip Sorry but what file do we put it in

Mauro_Trailing manages the stop-loss and take profit. Open position in demo and test it.
I'm using Google Translator.
  • #1,249
  • Jan 9, 2009 3:20am Jan 9, 2009 3:20am
Quoting Gajowy
Mauro_Trailing manages the stop-loss and take profit. Open position in demo and test it.
I have spent a couple of hours trying to get the Mauro_Trailing to work.
I have checked Allow Live Trading
I have checked Smiling Face
I have tried placing the EA on chart prior to entering a trade
I have tried entering a trade then adding Mauro_trading EA to chart
My MT4 is 5 decimal so I tried adding a zero to the settings – no joy!
I tried it on a 4 decimal MT4 platform – still no joy

I would dearly love to have this EA or another with the same functions.

Has anybody any ideas?

Help!!!
  • #1,250
  • Jan 9, 2009 3:32am Jan 9, 2009 3:32am
Quoting AlanJ
I have spent a couple of hours trying to get the Mauro_Trailing to work.
I have checked Allow Live Trading
I have checked Smiling Face
I have tried placing the EA on chart prior to entering a trade
I have tried entering a trade then adding Mauro_trading EA to chart
My MT4 is 5 decimal so I tried adding a zero to the settings – no joy!
I tried it on a 4 decimal MT4 platform – still no joy

I would dearly love to have this EA or another with the same functions.

Has anybody any ideas?

Help!!!

Did you attach the EA on the M2, M3, M8? If yes it will not work. Attach it on minimized M1 - it will work

I'm using Google Translator.
  • #1,251
  • Jan 9, 2009 3:53am Jan 9, 2009 3:53am
Quoting Gajowy

Did you attach the EA on the M2, M3, M8? If yes it will not work. Attach it on minimized M1 - it will work

That was it!

Even the other MT4 I tried it on was my back-up MT4 so that was set up for 2M, 3M and 8M so it didn't work there either!

Thanks for your help Gajowy
  • #1,252
  • Jan 9, 2009 6:27am Jan 9, 2009 6:27am
Quoting ozmacca
Hi Gasgas,

Can you tell me do I need to change something in that Trailing Stop to get it to attach to a 4 decimal chart ?

Thanks
If u got 5decimal broker, then simply set SL 150, if your stop is 15 pips,
or if u got 4 decimal, then set SL 15, for 15pip stop.
Same for break-even, TP...and please attach it to M1 chart (not M2), which we use to trade this tkpower strategy.

Oh..and for those didn't know, this is EA not indicator, so place it on your metatrader/experts folder

cheers
  • #1,253
  • Jan 9, 2009 7:05am Jan 9, 2009 7:05am
Quoting M_j
hi jdcompute,

I have 2 questions:

1. as you trade at OANDA - what timeframe do you use for this system?

2. what's the reason you trade this as ONLY system -- what about Spud's MTF and Escalator to PIPs?


Thanks MJ
M_J:

1.) I trade from 2AM-10PM and take any valid signals I get in that timeframe.

2.) I trade only this system because I find it's alot more mechanical and more price action based. The MTF Stoch system worked consistently for me but as you know, it requires a lot of screen time to make the same amount of pips you can make with this system in a fraction of the time. What I especially like about this system is the fact that you're so close to the action. Using the MTF Stoch approach, I find that by the time I get the signal t get in, stochs may be going one direction with price going the other.
  • #1,254
  • Jan 9, 2009 7:08am Jan 9, 2009 7:08am
I've been trading this system all week and I've noticed that it really is better for you to try to get in on the first or second signal after the color change of the SMA. The 3rd, 4th, 5th signals may play out but 1st and 2nd seems pretty sure. Of course, I'd be VERY cautious about taking a 4th signal. What may amount to a break even for someone taking the 1st or 2nd signals may be a nice sized SL for the other. Of course if you use the SL's in the system, it shouldn't be too bad.

This is JMHO of course.
  • #1,255
  • Jan 9, 2009 7:33am Jan 9, 2009 7:33am
Quoting jdcompute
I've been trading this system all week and I've noticed that it really is better for you to try to get in on the first or second signal after the color change of the SMA. The 3rd, 4th, 5th signals may play out but 1st and 2nd seems pretty sure. Of course, I'd be VERY cautious about taking a 4th signal. What may amount to a break even for someone taking the 1st or 2nd signals may be a nice sized SL for the other. Of course if you use the SL's in the system, it shouldn't be too bad.

This is JMHO of course.
JD sometimes you get a down arrow when a candle is crossing the 21SMA, but the 21SMA has not yet changed color. 1. Do you take this signal or only take a signal when the SMA 21 is established in your direction? 2. Also are there any settings on the TK8 indicator that you have changed, or just as it came out of the box? Finally, the period just before and the early London session the price (as you mentioned to me) was stuck around a pivot. Signals during this time were whipsaws. 3. What do you do to avoid these signals or filter them out. My "M15 filter" either didn't set up or didn't work during that period. Thanks!

FW
Isolate yourself from the herd
  • #1,256
  • Jan 9, 2009 7:38am Jan 9, 2009 7:38am
Quoting jdcompute
M_J: 1.) I trade from 2AM-10PM and take any valid signals I get in that timeframe.
2am to 10pm you say and in the next part say the other system requires lots of screen time. Have I mis-understood something JD? That is an eight hour shift!!

I'm asking because Forexweasle is promoting the MTF Stochs as his preferred method.

TK, of course only works the London open 2 hours and the after lunch 2, expecting to get his days pips well within that time.

Myself, I am having all sorts of problems even getting to watch the screen. I think that I need to get more reliable internet.
  • #1,257
  • Jan 9, 2009 7:41am Jan 9, 2009 7:41am
Quoting Phreddy
2am to 10pm you say and in the next part say the other system requires lots of screen time. Have I mis-understood something JD? That is an eight hour shift!!
Phreddy - That is an 20 hour shift (2AM - 10PM). That is a long shift....JD is the Man!
  • #1,258
  • Jan 9, 2009 7:43am Jan 9, 2009 7:43am
Quoting forexweasel
JD sometimes you get a down arrow when a candle is crossing the 21SMA, but the 21SMA has not yet changed color.
FW
Didn't think that could happen! I thought that the arrow and the 21 needed to be the same colour for a qualified entry.
  • #1,259
  • Jan 9, 2009 7:44am Jan 9, 2009 7:44am
Quoting jdcompute
M_J:

1.) I trade from 2AM-10PM and take any valid signals I get in that timeframe.

Thanks jdcompute,

appreciate your feedback.

Actually my first question I had something different in mind.

'1. as you trade at OANDA - what timeframe do you use for this system?'

I was asking which Time Fram you use to trade: 10 sec, 1 min, 5 min ....

thanks MJ
__Thanks__ MJ
  • #1,260
  • Jan 9, 2009 7:45am Jan 9, 2009 7:45am
Quoting wrenski
Phreddy - That is an 20 hour shift (2AM - 10PM). That is a long shift....JD is the Man!
I must learn to read the numbers!
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