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C4 Scalping

  • #4,561
  • Aug 2, 2009 7:17pm Aug 2, 2009 7:17pm
Quoting Edgetrader

Now, what am I to do with this godlike power?
Create a new Universe??

Quote
If the poster is a disruption to the thread, I will simply place them on ignore and that will be the end of the matter.

Yeah, that's probably a better way to use it .. for now...
******************* I'd rather make money than be right.
  • #4,562
  • Aug 2, 2009 7:17pm Aug 2, 2009 7:17pm
Quoting paulw6182
i put the ea on before the open and two -25pips in a row. i set stoploss to 20 so i dont now way its -25 if spread was 4pip can anyone tell me why?
My broker has a fluctuating spread-- are you sure your broker doesn't have this?

Mine fluctuates from 3-8 on certain pairs.
--- Gone --- RIP 11/27/09
  • #4,563
  • Aug 2, 2009 7:18pm Aug 2, 2009 7:18pm
Quoting paulw6182
Hi DXTrade

yes its saying tg sinc spectrum cycle heres screen shot
This has nothing to do with the EA.
You need the mentioned TG Spectrum Indi to show the TGSSC in my Info Indi.
That's why it's black and showing nothing!

But the EA doesn't use the TGSSC
"The only successful substitute for brains is silence."
  • #4,564
  • Aug 2, 2009 7:20pm Aug 2, 2009 7:20pm
Quoting IrishPips
My broker has a fluctuating spread-- are you sure your broker doesn't have this?

Mine fluctuates from 3-8 on certain pairs.
Hi buddy
welcome here!
Learned some from you on THV...
"The only successful substitute for brains is silence."
  • #4,565
  • Aug 2, 2009 7:23pm Aug 2, 2009 7:23pm
Quoting DXTrade
This has nothing to do with the EA.
You need the mentioned TG Spectrum Indi to show the TGSSC in my Info Indi.
That's why it's black and showing nothing!

But the EA doesn't use the TGSSC
I downloaded and copied the file to the experts folder. Restarted MT4 and it showed up on the list...but it is greyed out...and when I drag and drop or double click it I get DX Trade C4 EA v2 X..."X" but no frowny or smiley face.?

Any ideas are welcomed!

Thank you

Darren
  • #4,566
  • Aug 2, 2009 7:25pm Aug 2, 2009 7:25pm
Quoting DXTrade
Hi buddy
welcome here!
Learned some from you on THV...
Hi--glad to be here-always glad to share and help fellow traders.

Actually been reading awhile, but got to say this thread's a little on the wild side for me--glad to see measures are being taken to correct certain issues.

I've been preaching for a while now that taking bites out of the market's the best way to go, and I'm glad to see people of similar thought.

You're not going to get every single pip out of the market--don't even try.

When the train takes off-get on then get off at the very 1st stop.
--- Gone --- RIP 11/27/09
  • #4,567
  • Aug 2, 2009 7:29pm Aug 2, 2009 7:29pm
Quoting IrishPips
My broker has a fluctuating spread-- are you sure your broker doesn't have this?

Mine fluctuates from 3-8 on certain pairs.
yes DXTrade says its stills -20pips once you input 20 were is stop loss and the spread is 4 might have been 5 at the time of trades that would explain it though, this is demo fxdd im sure it does fluctuate. so your using the ea and its showing the spread afterthe stoploss is it?
  • #4,568
  • Aug 2, 2009 7:30pm Aug 2, 2009 7:30pm
@pilotui

Bro ... switch it ON (green !) and make sure that "live trading" in the EA set up is available !
  • #4,569
  • Aug 2, 2009 7:30pm Aug 2, 2009 7:30pm
Quoting pilotui
I downloaded and copied the file to the experts folder. Restarted MT4 and it showed up on the list...but it is greyed out...and when I drag and drop or double click it I get DX Trade C4 EA v2 X..."X" but no frowny or smiley face.?

Any ideas are welcomed!

Thank you

Darren
Go to Tools -> Options
Then click on the Expert Advisor tab
check all the main boxes and uncheck all the sub main boxes

Should work
"The only successful substitute for brains is silence."
  • #4,570
  • Aug 2, 2009 7:32pm Aug 2, 2009 7:32pm
Quoting paulw6182
yes DXTrade says its stills -20pips once you input 20 were is stop loss and the spread is 4 might have been 5 at the time of trades that would explain it though, this is demo fxdd im sure it does fluctuate. so your using the ea and its showing the spread afterthe stoploss is it?
The SL is including the spread... it's a net loss.
Same for the TP
"The only successful substitute for brains is silence."
  • #4,571
  • Aug 2, 2009 7:33pm Aug 2, 2009 7:33pm
Thank you both! I've never used automated trading before. Thank you again for explaining to me!!!

I appreciate it!

DX- Thanks for your hard work.

-Darren
  • #4,572
  • Aug 2, 2009 7:34pm Aug 2, 2009 7:34pm
Quoting paulw6182
yes DXTrade says its stills -20pips once you input 20 were is stop loss and the spread is 4 might have been 5 at the time of trades that would explain it though, this is demo fxdd im sure it does fluctuate. so your using the ea and its showing the spread afterthe stoploss is it?
No that's not how EA's work [or general trades]

The EA has [default] S/L of 30 pips--that's from the time it entered the trade. When an order is placed, you must pay to play the game, so if you watch closely, when a trade is opened, you're already in the red for the amount of pips the spread of that particular pair is. The EA is only counting the pips count from where the trade opened and the S/L was hit at 20 pips --PLUS the spread you had to pay to play the game.

No worries though. It's confusing for a lot of newer traders or for people not familiar with robot traders.
--- Gone --- RIP 11/27/09
  • #4,573
  • Aug 2, 2009 7:36pm Aug 2, 2009 7:36pm
Quoting jacson101
Indexing Newton's Second Law for scalping currency markets.


Sunday greetings guy's and gals,

A personal primer, FX has been remarkably good to me and every chance I get, be it...
Hi folks....

More or less..... it's MACD default settings...
Attached Image (click to enlarge)
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  • #4,574
  • Aug 2, 2009 7:39pm Aug 2, 2009 7:39pm
So the Nitro system is only available to those who purchase the Renko Chart setting from someone in Europe via paypal? Is that correct?

Thanks!!

Darren
  • #4,575
  • Aug 2, 2009 7:40pm Aug 2, 2009 7:40pm
Quoting Edgetrader
[size=5][color=red]...
This is Outstanding News Edge Let the thread continue its focus Eegle (Greg D)
  • #4,576
  • Aug 2, 2009 7:41pm Aug 2, 2009 7:41pm
Quoting Syahmi
Hi folks....

More or less..... it's MACD default settings...
Hmmmm!

Well, if it matches up well with MACD, then it for sure matches up well with our old friend Trix.

So, are we again coming full circle here and ending up yet again where we started?

Regards.
  • #4,577
  • Aug 2, 2009 7:46pm Aug 2, 2009 7:46pm
Quoting Edgetrader
Hmmmm!

Well, if it matches up well with MACD, then it for sure matches up well with our old friend Trix.

So, are we again coming full circle here and ending up yet again where we started?

Regards.

You bet Edge.... you bet !
  • #4,578
  • Aug 2, 2009 7:47pm Aug 2, 2009 7:47pm
Quoting 4xtrader2
Took this trade with a +5 TP but did not wait for TP to hit. Drop and give me 20. You'll Also notice I jumped the gun on entry. (TRIX arrow disappeared after taking trade.) Drop and give me another 20. +2 pips.
As your arms quiver from such exertion of energy, it is best to let a C4 trade develop a bit longer. Better to get a solid entry point in a good setup than trying to get a 'perfect' entry point and risk a turn against you quickly.

Still, you did manage a profit in the bewitching trading time so 'intuition' is to be noted.

Regards.
  • #4,579
  • Aug 2, 2009 7:48pm Aug 2, 2009 7:48pm
Quoting IrishPips
No that's not how EA's work [or general trades]

The EA has [default] S/L of 30 pips--that's from the time it entered the trade. When an order is placed, you must pay to play the game, so if you watch closely, when a trade is opened, you're already in the red for the amount of pips the spread of that particular pair is. The EA is only counting the pips count from where the trade opened and the S/L was hit at 20 pips --PLUS the spread you had to pay to play the game.

No worries though. It's confusing for a lot of newer traders or for people not...
ok but heres anotherthing them last 2 trade in a/c history read
the same lot size but diferent profit, any qlues?
Attached Image (click to enlarge)
Click to Enlarge Name: dxt2.gif Size: 53 KB
  • #4,580
  • Aug 2, 2009 7:50pm Aug 2, 2009 7:50pm
Quoting pilotui
So the Nitro system is only available to those who purchase the Renko Chart setting from someone in Europe via paypal? Is that correct?

Thanks!!

Darren
Not so!

If your broker offers such, or you set an account up with one who does it costs you nothing. A bit of research is needed to avoid early expenditures.

Regards.
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