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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #174,341
  • Apr 30, 2009 3:47pm Apr 30, 2009 3:47pm
Hello,
Anyone has a problem with ma_rsx.mq4 indicator? Sometime I need to change different TF to refresh the paints. Also, I noticed in expert or journal session, where you can see all debugging and errors message. There are tons of object set errors? Do we have new version? Or That is how it works:-). Thanks.

Godfrey?
  • #174,342
  • Apr 30, 2009 3:49pm Apr 30, 2009 3:49pm
Quoting Andrew Vu
Hello,
Anyone has a problem with ma_rsx.mq4 indicator? Sometime I need to change different TF to refresh the paints. Also, I noticed in expert or journal session, where you can see all debugging and errors message. There are tons of object set errors? Do we have new version? Or That is how it works:-). Thanks.

Godfrey?

this is why i do not like free stuff . I bought mine for signal from Jurik. I know it works as that is the developer of rsx

It doen ot repaint... change time frame and then change back may help
Blogging daily now at www.volume.zone
  • #174,343
  • Apr 30, 2009 3:57pm Apr 30, 2009 3:57pm
Question?
What period you use for rsx? Or it depends which time frame? 10=30MIN etc..? Please comment, Malcolm.

Also, below setting is relevants ??:-) I got from other site. Can you give some number for TF 5? Cross 70 Sell, Cross 30 buy? Thanks in advance.

Below is 30 TF I believed
For GBPUSD, the settings should be:
Buy_Level = 54
Exit_Buy_Level = 46
Sell_Level = 46
Exit_Sell_Level = 54

EURUSD
Buy_Level = 51
Exit_Buy_Level = 49
Sell_Level = 49
Exit_Sell_Level = 51
  • #174,344
  • Apr 30, 2009 3:58pm Apr 30, 2009 3:58pm
Malcomb, Thankyou again. The explanation of Point of Control is clear to me now! I will be a volume master someday
  • #174,345
  • Apr 30, 2009 4:15pm Apr 30, 2009 4:15pm
Quoting fxgrnwise
Malcomb, Thankyou again. The explanation of Point of Control is clear to me now! I will be a volume master someday

when you are you will be like me ...

last 2 weeks ... 34 trades 2 losers ..

I just wish the 2 losers were not 4 times the amount of pips of the winners combined....
Blogging daily now at www.volume.zone
  • #174,346
  • Apr 30, 2009 4:20pm Apr 30, 2009 4:20pm
I am just trading .01 micros at this point I lost big for me a few months ago,I want to do this right now.
  • #174,347
  • Apr 30, 2009 4:24pm Apr 30, 2009 4:24pm
Quoting fxgrnwise
I am just trading .01 micros at this point I lost big for me a few months ago,I want to do this right now.
welcome to forex bro..that's the feel 'n' trill
Imanuel Parsifal
  • #174,348
  • Apr 30, 2009 4:24pm Apr 30, 2009 4:24pm
man, so no Euro session tonight? how dare they go on holiday . . .
"Don't trade to trade . . . trade to win." - James16
  • #174,349
  • Apr 30, 2009 4:25pm Apr 30, 2009 4:25pm
bye guyz..guess i will call it a dAY from doing ,nothing
Imanuel Parsifal
  • #174,350
  • Apr 30, 2009 4:28pm Apr 30, 2009 4:28pm
The closest thing for VWAP close mt4 that I've seen while hanging around here was an indie from Bpato?( Has I like sushi in his signature)It was called market profile.He shared it a month or two ago.
  • #174,351
  • Apr 30, 2009 4:57pm Apr 30, 2009 4:57pm
Quoting fxgrnwise
The closest thing for VWAP close mt4 that I've seen while hanging around here was an indie from Bpato?( Has I like sushi in his signature)It was called market profile.He shared it a month or two ago.
Indy call "market profile" . But I think this is "volume histogram" or "volume by price" or .....
Point of control is term of Market profile and it is price where market stay longest time during the day.
Peak of volume is price where was largest amount of volume traded during the day ( period) . "Point of control" and "peak of volume" are very often similar . Today was peak of volume about 145,6,
doesnt matter how is called ,important is that it is frequent place of SR levels.
Attached File(s)
File Type: mq4 market profile.mq4   5 KB | 271 downloads
  • #174,352
  • Apr 30, 2009 5:32pm Apr 30, 2009 5:32pm
Quoting sycho
i usually download other platforms to use as direction to get what i don't have on mine..until i swiched to mt4 brockers
Thanks.
  • #174,353
  • Apr 30, 2009 5:35pm Apr 30, 2009 5:35pm
Quoting malcolmb14
now i am not sure to take that as a compliment or not ....lol

sound like you are excited about the indie though
DO you guys ever sleep???
Markets are not Random, they are designed!
  • #174,354
  • Apr 30, 2009 5:36pm Apr 30, 2009 5:36pm
Quoting Raza
DO you guys ever sleep???
I read this comment and it really made me laugh....Thanks for that RAZA
Let Price determine your future!
  • #174,355
  • Apr 30, 2009 5:39pm Apr 30, 2009 5:39pm
What is SLEEP?

Quoting Raza
DO you guys ever sleep???
  • #174,356
  • Apr 30, 2009 5:50pm Apr 30, 2009 5:50pm
I do not want to appear big headed when I say this , but a lot of traders seem to want to use the same indicators that i use. This does not make you a good trader. I have been in this game 7 years , have lost alot over the years , and in the last 3.5 years finaly got it . I can honestly say that in the last 18 months my trading has come to the level that i am happy with .

so what works for me may not work for you. It is NOT indicators that makes a trader successful in this market . i could show 10 traders how to use stochastics , 1 will make money with it , the other 9 will lose money . Most traders do not understand how markets work , the ebb and flow of price action , games played by the smart money , the times when to trade and when not to trade etc etc .

alot of becoming a successful trader is to learn how to ' feel ' the market. Today for example was an awesome trading day to play both side of the market , price action showed us that

so I guess what i am trying to say is there is no holy grail , no one indictor rsx , volume histogram , macd , rsx , rsi , etc etc that will make you money . it is time spent in the market , finding what works for you as a trader , your mind set and money management that will make you become a successful trader.
Blogging daily now at www.volume.zone
  • #174,357
  • Apr 30, 2009 5:56pm Apr 30, 2009 5:56pm
Here my monthly update..
I am still targeting the blue shaded area before i even consider a reverse swing trade. That area is around the 168-170. so that means technically i'm still a bull until that area is reached. That also corresponds to my TP3...baby

Nothing technically suggests for me that the low @ 118 will be taken out..so i'm still building my trade plan on this target. The extreme area in my sell zone is the 185 level..basically wot this means is that i will be looking for a topping formation on the daily between the 170 and 185 level.

My force index is still bullish so no change there. near term target is 159 ( close to M_Gann)...baby

In the short term we could still go down to the 130's but as a swing trader - ultimately i do not expect the lows @118 to be taken out so i build my trades accordingly.

happy pippin
Attached Image (click to enlarge)
Click to Enlarge Name: monthly.gif Size: 18 KB
  • #174,358
  • Apr 30, 2009 6:00pm Apr 30, 2009 6:00pm
Quoting malcolmb14
I do not want to appear big headed when I say this , but a lot of traders seem to want to use the same indicators that i use. This does not make you a good trader. I have been in this game 7 years , have lost alot over the years , and in the last 3.5 years finaly got it . I can honestly say that in the last 18 months my trading has come to the level that i am happy with .

so what works for me may not work for you. It is NOT indicators that makes a trader successful in this market . i could show 10 traders how to use stochastics , 1 will make...
Exactly... I had lost my... shirt..pants.. long time ago..was trading in G-strings.now I got everything back..now i wear a suit..you really have to feel the market..know the nature of the thing you are trading...it takes time three years..of every day trading...even on weekends too...count less hours in front of the monitor..with work..family and everything else.. IF YOU survive three years.. you will suceed
Markets are not Random, they are designed!
  • #174,359
  • Apr 30, 2009 6:01pm Apr 30, 2009 6:01pm
Quoting Geppyg
I read this comment and it really made me laugh....Thanks for that RAZA



You are welcome..
Markets are not Random, they are designed!
  • #174,360
  • Apr 30, 2009 6:11pm Apr 30, 2009 6:11pm
Quoting Raza
Exactly... I had lost my... shirt..pants.. long time ago..was trading in G-strings.now I got everything back..now i wear a suit..you really have to feel the market..know the nature of the thing you are trading...it takes time three years..of every day trading...even on weekends too...count less hours in front of the monitor..with work..family and everything else.. IF YOU survive three years.. you will suceed
oh and by the way its reassuring to know that I will be able to afford a suit in a year from now...LOL
the door was wide open just kidding
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