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The Force 5min system

  • #2,581
  • May 14, 2009 4:02pm May 14, 2009 4:02pm
Quoting denwij
Can u tell how and/or use five priorities and how I get that indicator for this priorities?
Hi Denwij, Support and Resistance lines (S/R) comes into Force5 at the advanced level. This PDF covers all three levels...

http://www.forexfactory.com/showpost...postcount=1656

For a pivot indicator most people are using the Pivot Points Multitimeframe from post #1.

For DayOpen just draw a line on the screen from the 0:00 gmt candle open price.

If you are new to trading and forex then you must understand the information available in the free lessons at www.babypips.com/school

Regards, RD
  • #2,582
  • May 29, 2009 11:50am May 29, 2009 11:50am
Quoting robdee
Mini Account Traders,

This issue is now clear to me. I know why some systems are closing trades at +1 pips.

I assumed that 1.00 lots in MT4 always represented 100,000 currency units, or one standard lot. Today I have learned that this is not the case.

Some systems offer 'mini' accounts where 1.00 lots represents 10,000 currency units (not 100,000). To make this work they must change the currency symbol they use. IBFX uses EURUSDm, Forex.com uses EURUSDFXF. How many different symbols are out there for EURUSD? I have...
Hi Robdee, first of all I have to say that I really love your UpdateStops EA.
It really works great and help my trading tremendously.

I just have one problem with it...

I often have open several charts of the same pair that I am trading differently. When I use the UpdateStops EA, and attach it to the chart that I want it to control, it end up controlling ALL of the others (same pair) as well.

I was thinking.... (scary I know) and I think I have a simple solution to this and I hope you can make it work.

When you manually enter orders you have the option to enter a comment in the comments field. Can the UpdateStops ea be modified to only control orders that have the specified value in the comments field?

That way you could trade the same pair with a different COMMENT and it would not be effected.

I hope this can be done - as it would make the UpdateStops EA even greater than it already is!

Cheers, DojiMojo
  • #2,583
  • Jun 5, 2009 1:34am Jun 5, 2009 1:34am
Hi,

I'm new in this forum, after 3 weeks reading posts here - I think I got some lost...

There is the vForce and Force5. Can you please tell us the differences ? Is both of them still working ?

Last Q: As a new user here, Must I read all post in the thread ? How can I be sure I downloaded the latest version ? and if someone add new indicator into the strategy in post xxx - how can I know about it ?

Last Last Q: Well, it's not specific for this indicator but, if I want to join to this "programming group" - How do I do that ? (I have high skills in programming and very very low in FX )

Thanks for your assistance...
  • #2,584
  • Jun 7, 2009 6:10pm Jun 7, 2009 6:10pm
Quoting TopDog
Hi,

I'm new in this forum, after 3 weeks reading posts here - I think I got some lost...

There is the vForce and Force5. Can you please tell us the differences ? Is both of them still working ?

Last Q: As a new user here, Must I read all post in the thread ? How can I be sure I downloaded the latest version ? and if someone add new indicator into the strategy in post xxx - how can I know about it ?

Last Last Q: Well, it's not specific for this indicator but, if I want to join to this "programming group" - How do I do that ? (I...
Vforce is 15m chart system while force5 is based on 5mins chart, both systems are different and have different indicators, I still use both and they are quite profitable not 100% of course no system is but both are among the best systems on FF
Add value everyday in Pips
  • #2,585
  • Jun 8, 2009 5:15am Jun 8, 2009 5:15am
Quoting DojiMojo
Hi Robdee, first of all I have to say that I really love your UpdateStops EA.
It really works great and help my trading tremendously.

I just have one problem with it...

I often have open several charts of the same pair that I am trading differently. When I use the UpdateStops EA, and attach it to the chart that I want it to control, it end up controlling ALL of the others (same pair) as well.

I was thinking.... (scary I know) and I think I have a simple solution to this and I hope you can make it work.

When you manually enter orders you...

Try the attached EA. It can trade multiple pairs, multiple charts, multiple timeframes and I had the programmer model i after the vForceSim EA so maybe Robdee can tweak it to make it better. Here is the explanation of how the EA and scripts work. The EA does need a slippage function programmed in though and currently does not have this and will not work with FXCM on a real account.

Here was the description of how I wanted th EA to work that I gave the programmer in case you want to know what the settings mean. I am having some troubles getting the MA based SL to work right and am starting to think maybe a simple moving step level with lock in profit might due good as well? Anyhow I am giving this all free to the community in hopes of improving it. I like the collaborative spirit approach.



Here is what I want created as a new EA (lets call it ezMM.mq4)

  1. Automatically manage all manually opened positions by the user. I would like to model the SL functionality from the vForceSim A except I need mine to be able to manage multiple positions at a time. For example, in ranging markets, I may want to open a buy order, then a sell order, then another buy etc on the EURUSD M1 chart, but not necessarily close the buys when selling. Then do a sell order on the EURUSD H4 chart, the do a buy on the USDCHF M5 chart. I want the EA to be able to manage each order that I open in a single MT4 account, separately and independent of any other orders, even if they are on the same currency pair, different currency pairs, same or different timeframes. I would like the EA to manage any order you open according to the Money Management inputs that were set for the specific chart the EA is loaded on. This allows me to use different MM settings for different currencies and different time frames.

· The other main objective of the EA is to “drive” the orders with the use of scripts. What I really need are the following 11 scripts to help drive the ezMM EA.

1. Buy- can drag it onto a specific chart, or just highlight the chart, then execute order via the “Hot Key” selection. Example, if the EA settings use 3% of the account balance, it will execute a buy with 3% of the account on execution.

2. Sell- can drag it onto a specific chart, or just highlight the chart, then execute order via the “Hot Key” selection Example, if the EA settings use 3% of the account balance, it will execute a buy with 3% of the account on execution.

3. Double Buy-identical function to the “Buy” script, except it doubles the amount that is entered into the EA settings of % of the account to buy at. For example, if the EA setting was 3% of the account, it would open 6% then manage the close with the EA settings

4. Double Sell-identical function to the “Buy” script, except it doubles the amount that is entered into the EA settings of % of the account to buy at. For example, if the EA setting was 3% of the account, it would open 6% then manage the close with the EA settings

5. Close Order- Drag and drop this script on a specific order, on a specific chart so you can selectively close a certain order immediately and stop the EA from managing the trade (use for emergencies, I want to be able to quickly manage the closing of just certain orders if needed in a hurry.)

6. Quick Close and Reverse- Drag and drop this script on a specific order, on a specific chart so you can selectively close a certain order immediately and open an exact opposite order to go in the other direction and have the EA manage it as normal.

7. Close All Buy Orders- Closes All Buy Orders on the specific chart it is dragged onto, in the same way as the “Close Order” script does if there is multiple buy orders open rather than using the “Close Order” script multiple times.

8. Close All Sell Orders- Closes All Sell Orders on the specific chart it is dragged onto, in the same way as the “Close Order” script does if there is multiple buy orders open rather than using the “Close Order” script multiple times

9. Close All Open Orders- Closes All Open Orders in MT4, regardless of chart , pair or timeframe (Use for emergencies)

10. Close All Profit- Closes All Orders “in profit” only on the specific chart it is dragged onto

11. Close All Loss- Closes All Orders “in loss” only on the specific chart it is dragged onto.

ps the programmer could not get the "hot keys" to work though unfortunately.

AcuProfit

Attached File(s)
File Type: zip ezMM Expert Advisor.zip   18 KB | 834 downloads
  • #2,586
  • Jun 9, 2009 7:07pm Jun 9, 2009 7:07pm
Hello AcuProfit.Thank you for this GREAT EA.Can you please maybe post something on how to set these scripts up with HOT KEYS.GOD BLESS...Shashi J
  • #2,587
  • Jun 10, 2009 7:34pm Jun 10, 2009 7:34pm
Quoting AcuProfit
Try the attached EA. It can trade multiple pairs, multiple charts, multiple timeframes and I had the programmer model i after the vForceSim EA so maybe Robdee can tweak it to make it better. Here is the explanation of how the EA and scripts work. The EA does need a slippage function programmed in though and currently does not have this and will not work with FXCM on a real account.

Here was the description of how I wanted th EA to work that I gave the programmer in case you want to know what the settings mean. I am having some troubles getting...
Hi AcuProfit. Thanks for the EA. I loaded it on a couple of charts and I have some questions on the inputs to make it work correctly.

Can you explain how the following work:
1. Magic Number. I assume if I am opening positions manually, that I set this to zero.
2. Risk per Trade: what format is this in, ie. do I put 5 for 5 percent risk? and what does this do? I guess it will close any open orders if hit?
3. MA Period (6)?
4. Stop Above (35)?
5. Stop Below (35)?
6. Stop Min (20)?
7 Trailing Stop MA Period () ?
8. Time Stop hrs?

I could not figure out what these do.... sorry for all the questions.

Best Regards,
DojiMojo
  • #2,588
  • Edited 9:56am Jun 11, 2009 9:46am | Edited 9:56am
Quoting TopDog
Hi,

I'm new in this forum, after 3 weeks reading posts here - I think I got some lost...

There is the vForce and Force5. Can you please tell us the differences ? Is both of them still working ?

Last Q: As a new user here, Must I read all post in the thread ? How can I be sure I downloaded the latest version ? and if someone add new indicator into the strategy in post xxx - how can I know about it ?

Last Last Q: Well, it's not specific for this indicator but, if I want to join to this "programming group" - How do I do that ? (I have high...
On force 5, it works really well. For me in particular as lower highs and higher lows and bounces from key levels e.g. round numbers and daily/weekly pivots.

Just wanted to add that during last few days there's been 5 odd lh/hl trades with these signals in UK/early US sessions. Not bad at all for a system with small stops.

Haven't seen Robdee post for a while, I trust you're OK mate.
  • #2,589
  • Jun 23, 2009 8:44am Jun 23, 2009 8:44am
Hello,

thanks a lot for the EA ezMM. Please can someone give me a hint how to make it work ?

I got the smiley on chart, hotkeys installed, "expert advisors" = active. But no matter if I use a hotkey or try one of the scripts, there is no execution - an alert-window pops up saying "You did not allow live trading!"

Everytime I open the "EA-common-tab" where I checked "allow live trading", these marks are disappeared. So it does not keep it checked.

Can someone please help ? Thanks.
  • #2,590
  • Jun 24, 2009 10:36am Jun 24, 2009 10:36am
Hi,
sorry for the last post. Found it. Seems to be a 4109 - error. My fault. Thought I had the settings correct but that wasn't the case. It works fine now.Thanks a lot. Great work.
  • #2,591
  • Edited 6:09pm Jul 3, 2009 11:18am | Edited 6:09pm
Um
Just starting out with this system. i was looking for a solid price action based 15 or 5 min system and low and behold some one or many people developed this one. I have been incorporating the basics of this system and I have been making some nice pips on average 20-35 per day. Mind you I have been trading 7 am-10 am pst. no more no less, no time. So I guess it gets the job done. I'm still learning though, I can already see that some here have this process down to a science. I guess I'll keep reading. This is exactly what I was looking for! Good looking out! Time to study!
  • #2,592
  • Jul 7, 2009 3:41pm Jul 7, 2009 3:41pm
I have tried to download the .pdf file that (I assume) describes your system. It says that it can not locate the file. How can I get your system description?

Thanks
  • #2,593
  • Jul 13, 2009 5:09pm Jul 13, 2009 5:09pm
I have not been able to trade for a few months. Got back last night. A simple system, with simple rules, and it still makes money.

We still have people trading this system? Do not see much activity on the board any more.
A woman drove me to drink, and I forgot to thank her
  • #2,594
  • Jul 15, 2009 3:48am Jul 15, 2009 3:48am
forexjedi,

if after i establish my position the 5 ema open cross the 5 ema close in the opposite direction but the 20 pip stop still hasn't been hit yet do you normally exit after the ema cross or wait for the 20 pip stop to be hit? thanks and your comment is much appreciated. Jason
  • #2,595
  • Jul 15, 2009 5:29pm Jul 15, 2009 5:29pm
Hello Guys,

as I can see you all are very busy keeping up the good work, I am prepairing slowly to get back on the track, just opened an IBFX Live and one Demo account, the Live acc. I will use a little later when the demo is working fine and when I have time enough to follow the London or US Session for at least 6 to 8 hours. The Problem I have now is that my Demo Platform (Mini) crashes when i try to load the Force 5 min Template, Is anybody here who knows how to fix that or who had the same Problem? The Platform is Build 225, the Template is one out of Jan or Feb. 2009, i haven´t read the whole Thread yet but so far i couldn´t figure out that there are any necesarry updates regarding the template or the Indies (which I Compiled), and if there would be some, please can you help me to get the right ones, and please can you tell me which Chatroom u are using atm. I saw that there is now also a msn Chatroom (never used msn before).
Thanks in Advance, and I am very happy to come back,

tick
Better being out wishing to be in, than being in wishing to be out....
  • #2,596
  • Jul 16, 2009 3:59am Jul 16, 2009 3:59am
This thread seems dead. Nobody comes around anymore. Thats sad.
Pivot Boss in the making~
  • #2,597
  • Jul 16, 2009 5:09am Jul 16, 2009 5:09am
how are you, yeah, i was surprised, when i logged in yesterday after almost 6 months break and saw that it is so quiet here. Where are those motivated guys from former times and how is robdee and FJ?, try to find the Chatroom now, on mibbit i can see 11 users except me 10 new names and no response.
How can I get to the MSN Chatroom or is this the same Channel there?

Happy for every every response

greetings, tick
Better being out wishing to be in, than being in wishing to be out....
  • #2,598
  • Jul 16, 2009 3:50pm Jul 16, 2009 3:50pm
Hi,

Well, It seems dead since there isn't something new.

I'm still new here even I read messages for the last 5 weeks in FF.

As a new user, I have to read the all messages in this thread so I will be able to response or add my experience.
But unfortunately, I got to the end and understand that this thread is already dead.

So, there are 2 options here:
1. This strategy is lost
2. Treader are still make money from it, and they don't have the time to write. They prefer to make money with this strategy.

So, Is someone can help me to figure it out ? where are the good traders here ?

Thanks
  • #2,599
  • Jul 17, 2009 4:02am Jul 17, 2009 4:02am
I have not seen or heard anything from Robdee or Jedi for a long time. I've been out of trading for a few months too with getting married, promotion, and family issues. Now I'm back and found it totally dead.

the best thing is everything is laid out on the thread. would be nice to see some of the old guys, wonder where they all are.





Quoting tickticker
how are you, yeah, i was surprised, when i logged in yesterday after almost 6 months break and saw that it is so quiet here. Where are those motivated guys from former times and how is robdee and FJ?, try to find the Chatroom now, on mibbit i can see 11 users except me 10 new names and no response.
How can I get to the MSN Chatroom or is this the same Channel there?

Happy for every every response

greetings, tick
A woman drove me to drink, and I forgot to thank her
  • #2,600
  • Jul 17, 2009 8:02am Jul 17, 2009 8:02am
I was six months on construction site and had absolutely no time or energy to pop in sometimes, very sad that it looks like that we lost them, when i look at the charts the system looks as good as six months ago, you are right, the only good thing is that the Thread still exists, those guys did a phantastic job.
To me it looks a little like the elite group dissapeared somewhere on a more private place, (tough makes no sense to answer all those questions over and over again, it´s all written here), and develop and fine tune the system further, maybe they´re watching us ;-) and we will find them once when we are Iluminated. In every case, good luck to you all and would be nice if I would find sometimes a new message here.

greetings, tick

p.s. did anybody tried this msn chat link with success, please let me know, of course i´ll try it myself also but till now i didn´t even find this chat on google, stupid i know but this comes from beeing a fullprof ;-)


Quoting simpleguy
I have not seen or heard anything from Robdee or Jedi for a long time. I've been out of trading for a few months too with getting married, promotion, and family issues. Now I'm back and found it totally dead.

the best thing is everything is laid out on the thread. would be nice to see some of the old guys, wonder where they all are.
Better being out wishing to be in, than being in wishing to be out....
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