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  • #181
  • Apr 4, 2007 8:30am Apr 4, 2007 8:30am
Thanks for the links, Poocher!

Quoting creztor
It would be interesting if anyone wanting to do this live (as in demo) and watch some charts together. Tradingrooms has free rooms to post charts and share them live, something to consider as quite a few ppl seem at least interested. I can by no means trade this successfully Just very interested in it.
Creztor, thanks for your advise. I would interested in analyzing charts together live, however, I am afraid we are in different time zones so it can be difficult.
  • #182
  • Apr 4, 2007 8:32am Apr 4, 2007 8:32am
Quoting Kurka Fund
Scalping is by far the best trading method in the Forex market. Trade like the banks do, large positions for small gains.

I trade 20-80 positions a day with a 2 - 4 pip TP. And I increase the position size with every trade. 93%+ win rate. Losses are double the gains.
Hi Kurka Fund

Do you also use MMAs or some other system? Could you please share your approach to scalping?
  • #183
  • Apr 4, 2007 10:55am Apr 4, 2007 10:55am
I'd love to know Kurka Fund's broker too!
It would be good news if it allowed mini lots and wasn't a big ECN with a $100,000 minimum deposit.
  • #184
  • Apr 5, 2007 6:43am Apr 5, 2007 6:43am
Just saw this on the USD/CHF. I dont use 5sec bars like Linux, they are 1 pip range bars. The thing I like about range bars is you can see when the market gets active, and retracements are drawn very clearly. As I am still only watching I also use CCI to help with entries.
Attached Image
  • #185
  • Apr 5, 2007 3:11pm Apr 5, 2007 3:11pm
Anyone know anything about or have a comment about
this Super Signals indicator.
It doesn't seem to repaint but the signals (esp. on the daily
charts) seem too good to be true. Are they?

FXS
neophite
Attached File(s)
File Type: mq4 super signals.mq4   1 KB | 830 downloads
  • #186
  • Apr 5, 2007 3:19pm Apr 5, 2007 3:19pm
The Super Signals is making me a little !
It seems to have potential for scalping but, what
is it's premise. I wish I could read code!

What are some other indicators in this class?

Help!

FXS
  • #187
  • Apr 5, 2007 3:42pm Apr 5, 2007 3:42pm
Quoting FXSurfer
It doesn't seem to repaint
We've got a re-painter!:

Still looks useful though!

FXS
  • #188
  • Apr 6, 2007 11:45am Apr 6, 2007 11:45am
Quoting creztor
Just saw this on the USD/CHF. I dont use 5sec bars like Linux, they are 1 pip range bars. The thing I like about range bars is you can see when the market gets active, and retracements are drawn very clearly.
I think Linuxtroll actually said he prefers tick charts, IIRC however, they are not offered on Oanda. Is there any free version of software that does tick data?

Quote
As I am still only watching I also use CCI to help with entries.
What are you looking for? I was looking at hitting 100 level in same direction, coming back through opposite +-100 in same direction and zero line crosses in same direction. The ZLCs seemed to be the best option at first look. edit: now that I'm saying this out loud, I just realized zero line rejects would probably very good to look for.

Any help on that Linuxtroll ?

Also, can you say whether you look for consolidation or consolidations leading to breakouts or pullbacks?

And I'm assuming the angle of the longer MAs is very important, correct?
  • #189
  • Apr 6, 2007 12:07pm Apr 6, 2007 12:07pm
Quoting trader69
i use {link removed, see rule #2}. $20k deposit gets u 2 pip spread on pound, euro, and yen. good platform also.
RCG fx Trader has 2 pip spreads...$5 to open trade/ $5 to close...no matter the size....I've traded 700k for a $10 R/T plus 2 spread. GBP/JPY is 5 spread.
Plus they are a big regulated broker on the CME, CBOT and others.....been around along time. Have to get used to the platform, not to difficult. Charts need a bit of work. They are included.
Proper Prior Planning Prevents Piss Poor Performance
  • #190
  • Apr 6, 2007 12:18pm Apr 6, 2007 12:18pm
Quoting libertao
I think Linuxtroll actually said he prefers tick charts, IIRC however, they are not offered on Oanda. Is there any free version of software that does tick data?

What are you looking for? I was looking at hitting 100 level in same direction, coming back through opposite +-100 in same direction and zero line crosses in same direction. The ZLCs seemed to be the best option at first look. edit: now that I'm saying this out loud, I just realized zero line rejects would probably very good to look for.

Any help on that Linuxtroll ?

Also, can you say whether you look for consolidation or consolidations leading to breakouts or pullbacks?

And I'm assuming the angle of the longer MAs is very important, correct?
Not sure on where you could get it for free sorry. As for CCI I am only looking to it for an idea on direction the market is going (slope of the 50CCI line etc on 1min chart), not helping with the actual entry. Im used to CCI so I feel the need to have it on my chart but in all honesty its probably only telling me what the MMA already are, current direction etc. As range bars show retracements and move fast when there is a lot of action, I "try" to base my entry on what they are doing, but many times price will retrace only a little bit before continuing and other times it will retrace a lot, I am unsure of how to determine other than guessing of when to pick an entry. I'd also love to hear if anyone has any other suggestions.
  • #191
  • Apr 6, 2007 12:50pm Apr 6, 2007 12:50pm
Quoting FxJarhead
RCG fx Trader has 2 pip spreads...$5 to open trade/ $5 to close...no matter the size....I've traded 700k for a $10 R/T plus 2 spread. GBP/JPY is 5 spread.
Plus they are a big regulated broker on the CME, CBOT and others.....been around along time. Have to get used to the platform, not to difficult. Charts need a bit of work. They are included.
How quick is their execution of large lot trades?

And do they have tick charts?

Thanks
  • #192
  • Apr 6, 2007 8:05pm Apr 6, 2007 8:05pm
Quoting FXSurfer
Anyone know anything about or have a comment about
this Super Signals indicator.
It doesn't seem to repaint but the signals (esp. on the daily
charts) seem too good to be true. Are they?

FXS
neophite
Where did you get this and what do you know about it?
  • #193
  • Apr 6, 2007 9:46pm Apr 6, 2007 9:46pm
Quoting Stan
Where did you get this and what do you know about it?
It repaints so its useless.
  • #194
  • Apr 7, 2007 12:40pm Apr 7, 2007 12:40pm
Quoting creztor
It repaints so its useless.
What does "repaint" mean?
  • #195
  • Apr 7, 2007 1:26pm Apr 7, 2007 1:26pm
Quoting Just1Pip
What does "repaint" mean?
The indicator changes how it looks in the past as price moves (e.g. often such indicators will seem to make pinpoint predictions of peaks and troughs), thus when you scroll through past data, it might look amazingly accurate but it's actually not in real-time.
  • #196
  • Apr 9, 2007 2:00am Apr 9, 2007 2:00am
Quoting libertao
The indicator changes how it looks in the past as price moves (e.g. often such indicators will seem to make pinpoint predictions of peaks and troughs), thus when you scroll through past data, it might look amazingly accurate but it's actually not in real-time.

Lib: The tick is the only real time. The moment it changes it becomes
history. The real time is the instant the tick appears...and when it
changes.....it's history. No matter where in the time frame you want to
go to....the tick was there, no matter it a yearly, monthly, weekly, and
the DAILY...which is what the market excercise its choice. The market
goes by the daily. You can refute this....but just remember you're not
refuting this writer....you are refuting the past greatest mathematical
minds of this earths past. You will have to contest, Bernard Bolzano,
Karl Weinerstrauss, Euler, Liebnitz, Newton, Able, Cramer...on and on from
A to Z of all the names. The same minds that has made it possible for you
to read this message. Price is the function of time....which is one reason
why J-Chart is in conflict....where Johnny Chen disregards time in his
opinion. If "repaint" means that the quote in the past is not real...because
of "point on the line"....then "repaint" is right. We are dealing with limits...
in any time frame. It took centuries for the greatest mathematical minds
to solve this problem, So we minors shouldn't be aghast at this problem.
I forgot to mention Rene DeCartes in the above names....Newton followed
his discourses. The truth is in the Cartesian Coordinate System....which
Charles Drummond came the closest in his "Point and Line Methodology"
and unforunately he never went public except through his own private
offer. He is now a recluse somewhere in the backwaters of Nova Scotia.
Probably the most brilliant commodity trader of them all. Yet...not many
know who he is....let alone his genius.
ciao
Tonyj
  • #197
  • Apr 9, 2007 2:02am Apr 9, 2007 2:02am
Quoting libertao
The indicator changes how it looks in the past as price moves (e.g. often such indicators will seem to make pinpoint predictions of peaks and troughs), thus when you scroll through past data, it might look amazingly accurate but it's actually not in real-time.

Lib: The tick is the only real time. The moment it changes it becomes
history. The real time is the instant the tick appears...and when it
changes.....it's history. No matter where in the time frame you want to
go to....the tick was there, no matter it a yearly, monthly, weekly, and
the DAILY...which is what the market excercise its choice. The market
goes by the daily. You can refute this....but just remember you're not
refuting this writer....you are refuting the past greatest mathematical
minds of this earths past. You will have to contest, Bernard Bolzano,
Karl Weinerstrauss, Euler, Liebnitz, Newton, Able, Cramer...on and on from
A to Z of all the names. The same minds that has made it possible for you
to read this message. Price is the function of time....which is one reason
why J-Chart is in conflict....where Johnny Chen disregards time in his
opinion. If "repaint" means that the quote in the past is not real...because
of "point on the line"....then "repaint" is right. We are dealing with limits...
in any time frame. It took centuries for the greatest mathematical minds
to solve this problem, So we minors shouldn't be aghast at this problem.
I forgot to mention Rene DeCartes in the above names....Newton followed
his discourses. The truth is in the Cartesian Coordinate System....which
Charles Drummond came the closest in his "Point and Line Methodology"
and unforunately he never went public except through his own private
offer. He is now a recluse somewhere in the backwaters of Nova Scotia.
Probably the most brilliant commodity trader of them all. Yet...not many
know who he is....let alone his genius.
ciao
Tonyj
  • #198
  • Apr 9, 2007 8:43am Apr 9, 2007 8:43am
lol, what on earth are you talking about? I was talking about indicators changing their own past signals as price moves.
  • #199
  • Apr 9, 2007 9:38pm Apr 9, 2007 9:38pm
Quoting libertao
lol, what on earth are you talking about? I was talking about indicators changing their own past signals as price moves.
Tony is talking about Drummond Geometry... It is a unique form of market analysis developed over a thirty-year period by the legendary Canadian trader Charles Drummond.

Drummond Geometry is both a trend-following and a congestion-action methodology. It leads rather than lags the market, and uses projected charts to map future market activity. It foretells the scenario most likely to occur in the immediate future and can be custom fitted to one's personality and trading style...

No chance for repainting... LoL
  • #200
  • Apr 10, 2007 10:20am Apr 10, 2007 10:20am
I was just trying to define what a repainting indicator is.
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