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C4 Scalping

  • #4,121
  • Jul 31, 2009 11:01am Jul 31, 2009 11:01am
Quoting SkyzerFX
On Renko everything repains here is the example

Trix was RED on HM was RED and everything and Sinc was under 0

and then everything just turns around and that's it.

I moved a Blue line one bar over to the right, so you can see

7 trades taking 6 loses 1 win ( playing on pennies now ) No risking

big Dollars unless I see something is really working... Buy and hold works
trading don't ( for me).. I know cannot take LONG dollar, but I simply trying to play the chart.
Obviously...
All repaints until the bar closes....the same thing happens un 1m chart,5 minute chart, 1 hour chart....all can repaint until the candle closes...this is "hot water"...
The really reliable signals comes out in renko when the brick closes...
Market is like a puzzle, YOU have to fit the pieces!!
  • #4,122
  • Jul 31, 2009 11:02am Jul 31, 2009 11:02am
PS My plans include adopting more children through Children International, at present I can only afford one .. but plan to eventually have a dozen or more.
And I have lots of other philanthropic ideas .. my goal for many years has been to one day become a 'Visionary Philanthropist". [/quote]




Me too, hope same day all philanthropic ideas from traders can see the daylight...
Ready for War
  • #4,123
  • Jul 31, 2009 11:05am Jul 31, 2009 11:05am
Quoting 4xStar
Yeah I caught 10 pips of that move three times using the 'flatline' function of the TGSS with Chris's settings (I think it was Chris who came up with the 8, 40, false, 1, 2.3 (he uses 2.0, I am trying 2.3)
From my test there is no difference between 2.0 and 2.3...but i can be wrong..

I'm using only H parameter to fine tuning..some pair works bettter with 8, some pair work better with 6
Market is like a puzzle, YOU have to fit the pieces!!
  • #4,124
  • Jul 31, 2009 11:06am Jul 31, 2009 11:06am
Quoting Chris_B
Obviously...
All repaints until the bar closes....the same thing happens un 1m chart,5 minute chart, 1 hour chart....all can repaint until the candle closes...this is "hot water"...
The really reliable signals comes out in renko when the brick closes...
Ok Chris, will wait till bar closes next time... I maybe switch to test
account, don't want to lose even pennies
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,125
  • Jul 31, 2009 11:06am Jul 31, 2009 11:06am
Quoting leledc
She doesn't want to share because in the code you can see that those indi haven't been created by her...
And yes notice that ANNE has not addressed any of my posts today asking for a SIMPLE step by step account of her indis, settings, rules etc.

It says it all really/

Perhaps some of her new fan base army will show up to defend her again!!!

Perhaps if we are lucky she will show us her account balance again as that will be useful!!!

I look forward to another dubious P & L SCREENSHOT!!!
  • #4,126
  • Jul 31, 2009 11:08am Jul 31, 2009 11:08am
This thread was initiated with a simple goal in mind. To provide a simplistic approach to trading the Forex that everyone was 'free' to participate in as they chose. I formatted the initial page as such to stimulate those so inclined to try to trade with a little bit of enjoyment in the trading process. In the beginning, the general consensus was that trading was an experience that could actually be 'fun'. Sure, there are some that wished a simple explanation of the methodology and exact entry and exit points, but there is no way to please everyone. Nor do I care to try.

'Free' is the key word here. The FF, in it's present form, offers anybody the opportunity to wanter its hallways and attend any of the threads offered at no cost what so ever. Unfortunately, and as expected, it offers the opportunity for the uninitiated and uncouth the same opportunity to disrupt and spoil as it does the astute and educated the opportunity to advance and succeed.

As a 'public' forum, the FF puts out a general guideline of conduct to be followed. While there are many who feel that certain conduct within this thread merits banishment of a poster, that is certainly not an option I have as thread originator. While I too deem many postings as unprofessional and petty, those who post such are within their rights as afforded them by FF. They have not threatened harm, have not actively promoted products, nor has anything said been legally reprehensible in nature. Absent those, they are entitled to post their thoughts and opinions as they deem appropriate.

As recourse to those who disagree, tire or dispute the postings of an individual, they have but one recourse in FF. That is, of course, the ability to 'IGNORE' any person they so choose.

It seems that only a few are utilizing this option. While it may not be overpowering, it is effective in choosing to read only the material you deem prudent and important to your own work. I too have learned this and it has been beneficial in this particular thread. While I do have the experience and qualifications needed to succeed in the trading industry, I do not have the energy needed to banter with every single detractor to the methodology presented within the thread. I would assume that many here do not either, so please use the one tool available to help retain focus on your trading efforts if possible.

Now, as for the thread in general, I have asked repeatedly that those who choose to 'introduce' new indicators 'proof-up' such with back-tested results so as to warrant consideration. This was asked so as to avoid the 'indicator envy' phase common to so many threads in the FF. Unfortunately, nobody has been able to (or wanted to) have instant credibility attained by doing so. Instead, we go day after day with new material introduced that some see as the final piece of the puzzle for them.

That said, we have exactly what we have here today due to this failure. I too looked at many of the indicators and even edited the front page to show a more 'colored' indicator set so many seem inclined to accept over the old standard indicator formats I normally utilize. Regardless, we still have a simple PA cross of a MA and a confirmation of the move. Unfortunately, this is still continuously having exorbitant amounts of energy wasted trying to seek, of all things, a 100% hit rate in trading.

Further, this lack of 'proofing-up' has also led to confrontation and a demand for the logic behind 'some' such introductions. In that regard, I can only say that I warned a couple of individuals privately in the beginning to beware the FF as there are many lurking who seek nothing more than to accuse, confront and engage in non-productive and pointless argument. It can be very hazardous to wander into the 'lions den' unwittingly. To actually take the step through the gate knowingly is often fatal.

Still, it is the the complete lack of professionalism in many regards here that is most disturbing. How can one person introduce an indicator that is mathematically founded, add in some trading results based upon such and be crucified for such? In the same manner, how can one person be modestly introducing a MTF indicator, throwing out some trading results partially achieved through its augmented usage and be hounded for its application being shared immediately and lauded as a godsend? Both have been stated as under development and neither has stated to me personally that either be incorporated into the trading method.

Why? Because the first request of 'proofing-up' those indicators BEFORE setting them out for review has allowed the thread to further deteriorate. So much so as to expose many to be nothing more than alleged respected FF community members who simply seek to spew forth and constantly regurgitate disdain for others. Whether directly or indirectly, it is a very thin veil they do so behind and is personally disgusting and revolting to witness. Again, this is the culmination of having a 'free' speech forum so we all get what we paid for.

I realize another option is simply closure of the thread. That, in my opinion, is not warranted and is not just to the many who use it in an attempt to better themselves. As mentioned, that was the purpose of creating such.

While I personally have only a couple of totally disruptive and abusive parties on 'ignore', I also choose to simply not answer many other posting that I deem either unprofessional, based in lack of simple effort or unrelated to the subject matter at hand.

I can only suggest that each thread follower or reader use the tool as they deem prudent as it is the only one offered by FF at this time. Should the thread continue to achieve as much negative energy as it currently does, then FF administration is to whom you should voice those subsequent concerns.

On a side note, nothing helps focus efforts in trading as much as real capital being expended. When you pony up some real funds, trading becomes a completely different world. You will go to extremes at that time to make damn sure you are trading a plan that you have considerable faith in.

While FF has had more than its fair share of detractors posting unsubstantiated garbage, they also are quite astute (imho) on overseeing the forums general operation and direction. Their impending commercial forum, should they actually follow through with this project, will most assuredly diminish those numbers who simply cannot act according to the boundaries set around basic common decency. I doubt these types of individuals will be willing to confront, aggravate, disrupt and annoy those who strive to succeed when they will have to pay up front to do so. To actually pay some manner of fee, run off at the mouth and risk total banishment would be the epitome of stupidity. At that point, the forum takes on a 'private' appearance to some extent. Commensurate with such, penalties for unprofessional behavior and other egregious conduct can be dealt with much more swiftly and permanently. It definitely will increase the focus of efforts, that is for sure.

Regards.
  • #4,127
  • Jul 31, 2009 11:09am Jul 31, 2009 11:09am
Hi all together,

As I posted before I`m still looking to improve my C4 working station. The attached charts show an idea developed as a very conservative trading.

#1 shows in the first indi-window Swingman`s >smSuperTrix_PV_4col< set to (3EEE0) and in the second indi-window the >smSuperTrix_MTF_PV_4col< set on TF M15 (3EEE0)

The problem is that MTF-indi shows three candles at the end of the row before the next M15 period starts. That means you are never sure that the colour does not change in the last seconds.
Attached Image (click to enlarge)
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#2 shows my first solution: Now I use in the first indi-window Swingman`s >smSuperTrix_PV_4col< set to (3EEE0) and >smSuperTrix_PV_4col< set to (7EEE0) . The idea is that >smSuperTrix_PV_4col< set to (7EEE0) show nearly at the same time a signal as the >smSuperTrix_MTF_PV_4col< set on TF M15 (3EEE0)

Now the problem seemed to be solved

Attached Image (click to enlarge)
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#3 shows my actual template after I did the following steps:

First: I put >smSuperTrix_PV_4col< set to (3EEE0) and >smSuperTrix_PV_4col< set to (7EEE0) together in one indi-window

Second: I deleted the arrows in >smSuperTrix_PV_4col< set to (3EEE0) and keep the arrows of >smSuperTrix_PV_4col< set to (7EEE0)

Attached Image (click to enlarge)
Click to Enlarge Name: 2009-07-31 post 1-3.gif Size: 28 KB


Just an idea
If there are pips you can collect - just do it!
  • #4,128
  • Jul 31, 2009 11:15am Jul 31, 2009 11:15am
Quoting Chris_B
From my test there is no difference between 2.0 and 2.3...but i can be wrong..

I'm using only H parameter to fine tuning..some pair works bettter with 8, some pair work better with 6
Been looking at DXtrade with 3 setting on trix. Looks pretty good. Your thoughts??
Mombone
  • #4,129
  • Jul 31, 2009 11:21am Jul 31, 2009 11:21am
ARGH!

Seriously, it seems like every time there is a big move, I miss it. I know, there are pips to be made every day, so I will re-focus for next week.

But I wanted to say thanks to Edge again...if it weren't for him and all the others like Swingman, I wouldn't have had the opportunity to see what I missed!

Thank you,

Darren
  • #4,130
  • Jul 31, 2009 11:27am Jul 31, 2009 11:27am
Quoting lawrence
And yes notice that ANNE has not addressed any of my posts today asking for a SIMPLE step by step account of her indis, settings, rules etc.

It says it all really/

Perhaps some of her new fan base army will show up to defend her again!!!

Perhaps if we are lucky she will show us her account balance again as that will be useful!!!

I look forward to another dubious P & L SCREENSHOT!!!
I wasn't going to bother posting any more of these, but seeing as how you insist...

Up 736 pips (ish) (73.7% on account) in the first 48 hours. Almost all trades on EU. Just the odd venture into UJ and GU.

Have a great weekend!!

Anne
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  • #4,131
  • Jul 31, 2009 11:32am Jul 31, 2009 11:32am
What is this NITRO trader anyway? Anybody can post a
link to look over?

Thanks.
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,132
  • Jul 31, 2009 11:35am Jul 31, 2009 11:35am
Hi LuckyLady, I will definately have to try this one out. Like you said, getting a lot of fakeouts using the standard settings of C4.

I wonder if anybody else is on this boat. Only aiming for 10-20 pips between 8AM - 10AM est.



Quoting luckylady
Chasem, I had the charts setup as you do and found no success with it at all, too many false signals. Try setting up as I have it below. The MA is the same as yours but setup as 12 3 6 and the signal arrows on the actual chart are DXTrade C4 set at 4. In the time yesterday between 8am - 10am EST (12 - 2 GMT)you would have had just 2 signals and they were both winners if going for 5 pips, 1 buy and 1 sell. Today on EU you would have had 2 signals again, 1 buy, 1 sell, both winners.

I would also say, the 10 pip stop loss maybe a bit tight, sometimes...
  • #4,133
  • Jul 31, 2009 11:37am Jul 31, 2009 11:37am
So many traders cannot be based on TRIX.
It doesn't change that quickly even on 1M chart
Trades showing every 1-2-3-5 minutes..
It's something else...
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,134
  • Jul 31, 2009 11:38am Jul 31, 2009 11:38am
Quoting Syahmi
Put your renko script into the experts folder....NOT script folder....then drag the script into the 1min chart.... go to offline M2 chart... left click the chosen pair... bingo... you got the renko chart....

I don't have any problems like yours... when I switch on my MT4... it will continue updating.....

Cheers !
Hi Syahmi,
I think you are one smart cookie, very generous to share your setup, and have great ability to think outside the box....
Regards
Allan
  • #4,135
  • Jul 31, 2009 11:41am Jul 31, 2009 11:41am
Quoting TudorGirl
I wasn't going to bother posting any more of these, but seeing as how you insist...

Up 736 pips (ish) (73.7% on account) in the first 48 hours. Almost all trades on EU. Just the odd venture into UJ and GU.

Have a great weekend!!

Anne
Haha, well done! Sorry to ask once more, but again - posts seem to get swallowed up fast. If you wouldn't mind just clarifying..

As far as I understand you are looking for high velocity & acceleration as confirmation of a strong move to pick entry points to these trades - would that be a correct assertion?

(Velocity calculated as the difference between the current and previous position on the indy over the time, and acceleration as the difference between the current and previous velocities over the time)

As in strong "momentum" can be defined as a coupling of a steep slope, plus a strong acceleration?

Thus, if we could somehow plot acceleration & velocity of your indicator, this may provide much better entry points than the indicator on its own as it will take into account the time factor as well.

Oh, and have you found any better settings for your indy than the default? I'm wondering how you are calculating entries when it is flatlining?
  • #4,136
  • Jul 31, 2009 11:43am Jul 31, 2009 11:43am
Next pic from a C4 Dinosaur

Attached Image (click to enlarge)
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As you can see, C4 is not only for scalping

If you can collect pips - why not collecting?
If there are pips you can collect - just do it!
  • #4,137
  • Jul 31, 2009 11:48am Jul 31, 2009 11:48am
Quoting Mindsphere
Haha, well done! Sorry to ask once more, but again - posts seem to get swallowed up fast. If you wouldn't mind just clarifying..

As far as I understand you are looking for high velocity & acceleration as confirmation of a strong move to pick entry points to these trades - would that be a correct assertion?

(Velocity calculated as the difference between the current and previous position on the indy over the time, and acceleration as the difference between the current and previous velocities over the time)

As in strong "momentum" can be defined...
Hi - you are absolutely correct in everything you say here. The key is to isolate opportunities where the velocity (called "momentum" by traders) and acceleration (not normally called anything by traders!) coincide in the same direction.

These are very high probability setups. On my account I have taken something like 60 trades in the last 48 hours and only 3 losers (see my posts of the account). This strongly supports Edge's assertion of a 95+% success rate.

You are within touching distance of the system now!!

Anne
  • #4,138
  • Jul 31, 2009 11:48am Jul 31, 2009 11:48am
It's just getting ridiculous 2 trades on signals 2 losses again
I'm just going to wait till it tips down from here, but on real
amount of money that's loss, yeah baby I'm approaching 100% loss rate.
I'll see if flipping the coin works better
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Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #4,139
  • Jul 31, 2009 12:00pm Jul 31, 2009 12:00pm
Quoting TudorGirl
Hi - you are absolutely correct in everything you say here. The key is to isolate opportunities where the velocity (called "momentum" by traders) and acceleration (not normally called anything by traders!) coincide in the same direction.

These are very high probability setups. On my account I have taken something like 60 trades in the last 48 hours and only 3 losers (see my posts of the account). This strongly supports Edge's assertion of a 95+% success rate.

You are within touching distance of the system now!!

Anne
These are the "basics" of a momentum strategy ...
Market is like a puzzle, YOU have to fit the pieces!!
  • #4,140
  • Jul 31, 2009 12:02pm Jul 31, 2009 12:02pm
Ok - GAME OVER


Attached Image (click to enlarge)
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1. trade = + 44 pips
2. trade = + 148 pips

Sorry Edge, this is no scalping but:

If you can collect pips - just do it !
If there are pips you can collect - just do it!
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