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Daily Quarter method

  • #81
  • May 10, 2009 12:33pm May 10, 2009 12:33pm
Quoting whatchee
Fredella, please see my query on revised EA problem above (post 66)

.
Hi, i haven't forgotten, just not enough time right now to find out what's happening. i thought i knew what it was but it wasn't what i thought it was :-( I hope to fix this still, just give me some time.

Thanks for your queries,
Fredella
  • #82
  • Edited 1:41pm May 10, 2009 1:22pm | Edited 1:41pm
hi fredella
thank you for indicator.. but i think it's calculates are wrong and could you please specified the day with vertical lines in indicator when we change shifthour in further more????
  • #83
  • May 10, 2009 2:03pm May 10, 2009 2:03pm
Quoting $aly
hi fredella
thank you for indicator.. but i think it's calculates are wrong and could you please specified the day with vertical lines in indicator when we change shifthour in further more????
hi, happy to improve it but you need to tell me more, what do you think it calculates wrong? I don't believe there is a need for vertical lines, the horizontal lines quite clearly show what the highest and lowest prices are which it takes for the calculation. If you leave the shifthour at zero it just takes the last 24 bars.

Fredella
  • #84
  • May 10, 2009 3:37pm May 10, 2009 3:37pm
Quoting Fredella
hi, happy to improve it but you need to tell me more, what do you think it calculates wrong? I don't believe there is a need for vertical lines, the horizontal lines quite clearly show what the highest and lowest prices are which it takes for the calculation. If you leave the shifthour at zero it just takes the last 24 bars.

Fredella
... yep, me again - and the same question apply:

thanks for your hard work and the indicator - could you maybe post the source file?

it looks like the system is based on 25hrs ... is your indicator maybe calculating for 24.

the vertical line is neccesary, visual confirmation ... it is difficult to see from where to where it has calculated the high/low and the final close of the 25th hour.
  • #85
  • May 10, 2009 9:33pm May 10, 2009 9:33pm
Nice indicator!!!
Can the following parameters be user defined:

(1)Shift from GMT ( No. of hours)
(2) % of range to be defined ( in present case it is 25%) but let it be user defined
(3) No of pips from close to determine the SL.

It will be more convenient if the start and end bars are highlighted or indicated by vertical lines.

When the users drags the indicator on to the chart after the above parameters are input, the following should be automatically displayed on the chart.

High , Low, Close , Range, buy stop, sell stop, target & Stop Loss for both buy stop and sell stop pertaining to the particular currency chart.

Is it a tall order!!! ( I mean 'wish').
  • #86
  • May 10, 2009 11:51pm May 10, 2009 11:51pm
Cannot put buy stop and sell stop with IBFX anymore. hmmmmmm
  • #87
  • May 11, 2009 9:46am May 11, 2009 9:46am
05/11/09

GMT -6

GBP/JPY: 49 pips (closed)
GBP/USD: 67 pips (closed)
EUR/JPY: -53 pips (closed)

EURJPY opened the buy and then retracted to open the sell and hit the TP to cut the loss in half.

Not bad for my first day.
  • #88
  • May 11, 2009 11:53am May 11, 2009 11:53am
Quoting truckjrt
05/11/09

GMT -6

GBP/JPY: 49 pips (closed)
GBP/USD: 67 pips (closed)
EUR/JPY: -53 pips (closed)

EURJPY opened the buy and then retracted to open the sell and hit the TP to cut the loss in half.

Not bad for my first day.
tnx truckjrt
i think it's better to choose a unic daily hour
i am still working on the best daily hour
  • #89
  • May 11, 2009 12:16pm May 11, 2009 12:16pm
Quoting $aly
tnx truckjrt
i think it's better to choose a unic daily hour
i am still working on the best daily hour
Well my close was from Friday's close and I like to place my orders around 4 pm local time. The GMT -6 is my local time zone, sorry for any confusion.

Do you have any thoughts on how to maximize your TP? Using TS or something?

My GBP/JPY could have picked up an additional 100+ pips if it could have run past the TP. How actively do you manage your trades? i.e changing the SL or TP?
  • #90
  • May 11, 2009 1:24pm May 11, 2009 1:24pm
Quoting truckjrt
Well my close was from Friday's close and I like to place my orders around 4 pm local time. The GMT -6 is my local time zone, sorry for any confusion.

Do you have any thoughts on how to maximize your TP? Using TS or something?

My GBP/JPY could have picked up an additional 100+ pips if it could have run past the TP. How actively do you manage your trades? i.e changing the SL or TP?
some times when you have a big TP for example 70 or 80 or 90 pips price attends very close to your TP but it retrace back and hit your SL i have an idea in this conditions : we can set our SL in our tp/2 when price cross over tp/2 .actually our SL set to TP/2 and our TP DOESN'T CHANGE .if price retrace back we gain tp/2 and we can go in opposite order ....
but this is only an introduction and i should work on it to improve that..

saly
  • #91
  • May 11, 2009 9:21pm May 11, 2009 9:21pm
Unable to trade on Monday. So no data afor the day.
But it seems that Either only Friday candle or Friday + Sunday candle needs to be taken account for Monday. Or is it better to ignore trading on Monday because of the confusion?
  • #92
  • May 11, 2009 10:01pm May 11, 2009 10:01pm
I just tried to enter a buy stop and a sell stop order for the GBPUSD with IBFX and it seems that due to new anti hedging rules this is no longer allowed. Any comments are appreciated; maybe I'm just missunderstanding something.
  • #93
  • May 11, 2009 11:22pm May 11, 2009 11:22pm
Quoting simplecoders
Unable to trade on Monday. So no data afor the day.
But it seems that Either only Friday candle or Friday + Sunday candle needs to be taken account for Monday. Or is it better to ignore trading on Monday because of the confusion?
simplecoders

you should be aware of gaps but this monday you could trade on gbp/usd because it's gap is not enough big

saly
  • #94
  • May 12, 2009 1:13am May 12, 2009 1:13am
Quoting $aly
simplecoders

you should be aware of gaps but this monday you could trade on gbp/usd because it's gap is not enough big

saly
Good point $aly,

Gaps....

As a rule it is wise to avoid trading on Mondays!!!
  • #95
  • May 12, 2009 1:38am May 12, 2009 1:38am
Sunday/Monday was good for me. Its Monday/Tuesday that I have yet to open a trade.

Is it possible that I could go a day without opening a trade?
  • #96
  • May 12, 2009 3:21am May 12, 2009 3:21am
GMT+6

GBP +44 (Closed)

I use GMT+6 because German opens at GMT+6.

Saly thanks for the nice system. Yes It is on live account.
Make money Not pips
  • #97
  • May 12, 2009 4:11am May 12, 2009 4:11am
Quoting balle1973
GMT+6

GBP +44 (Closed)

I use GMT+6 because German opens at GMT+6.

Saly thanks for the nice system. Yes It is on live account.
i know you actually mean 6am GMT
  • #98
  • May 12, 2009 5:14am May 12, 2009 5:14am
Unable to connect to my demo accounts at IBFX.
I have set the orders on two different demo accounts , one for buy and one for sell.

May be as per the trend at least GBPUSD should have closed in profit.

Is any body else facing problems with IBFX demo accounts connection?
  • #99
  • May 12, 2009 6:46am May 12, 2009 6:46am
I, too, experienced some difficulty with my IBFX demo accounts over the last few days as they disappeared. I believe the fault was partially mine as I neglected to record the passwords and indicate for the server to save the information. An IBFX rep stated that they do not keep the demo passwords and unless I could furnish them I would be unable to access the account.

I opened two new demo accounts and have recorded the account numbers, passwords and server. Hopefully this will eliminate this problem in the future.

I hope this helps.

Pupsdad
  • #100
  • May 12, 2009 6:51am May 12, 2009 6:51am
Quoting Pupsdad
I, too, experienced some difficulty with my IBFX demo accounts over the last few days as they disappeared. I believe the fault was partially mine as I neglected to record the passwords and indicate for the server to save the information. An IBFX rep stated that they do not keep the demo passwords and unless I could furnish them I would be unable to access the account.

I opened two new demo accounts and have recorded the account numbers, passwords and server. Hopefully this will eliminate this problem in the future.

I hope this helps.

Pupsdad...
It is not accounts vanishing. but it is demo account connection problem. I have the account number and password but not getting connected. But my real account is fine.
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