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C4 Scalping

  • #5,181
  • Aug 4, 2009 10:01pm Aug 4, 2009 10:01pm
Quoting DXTrade
I will delete slowly all my EA posts from this thread.
So you know... You can manually edit or delete them up to 24hrs after posting, after that you'd have to get twee to do it with a clean up report and request deletion.
FUBAR...
  • #5,182
  • Aug 4, 2009 10:07pm Aug 4, 2009 10:07pm
Quoting darkness
I think what he is trying to say is that a 4pip stop loss on an order represents a 2% hit to his account,meaning that's not good.
Whew!

-JR
Be happy, be humble.
  • #5,183
  • Aug 4, 2009 10:24pm Aug 4, 2009 10:24pm
Quoting ak4x
So you know... You can manually edit or delete them up to 24hrs after posting, after that you'd have to get twee to do it with a clean up report and request deletion.
Thanks... will do.
"The only successful substitute for brains is silence."
  • #5,184
  • Aug 4, 2009 10:26pm Aug 4, 2009 10:26pm
Quoting Damo12
Hi, DXT, just clarifying your trade arrow settings are 3,8,8 or (to match post 1 settings 2,8,8).
Regards,
D.
The arrows from the DXC4Renko Indi are at 2,1,1,1 - 8

The other DXTrade C4 Indicator you can change the settings yourself.
"The only successful substitute for brains is silence."
  • #5,185
  • Aug 4, 2009 11:13pm Aug 4, 2009 11:13pm
HMA bars (candle). You can set it to 8,0,1. Possible substitute for the HMA color. Analogous to smC4 scalper candles.

Attached File(s)
File Type: ex4 HMA bars.ex4   4 KB | 543 downloads


Attached File(s)
File Type: mq4 HMA bars.mq4   3 KB | 610 downloads
  • #5,186
  • Aug 5, 2009 12:33am Aug 5, 2009 12:33am
Can anybody suggest a good and foolproof EA for managing already open trades? I mean sth that would be attached to one only chart and would take care of all my trades that are running?
Main function that I would need: to set stoploss at breakeven after some pips.
I think the problem with risk-reward ratio could be solved by this.

(I have one called Multi purpose trade manager but this has so many functions and settings that I would look for sth simpler. Breakeven and Trailing Stop - nothing more.)
  • #5,187
  • Aug 5, 2009 12:43am Aug 5, 2009 12:43am
Quoting Indrek
Can anybody suggest a good and foolproof EA for managing already open trades? I mean sth that would be attached to one only chart and would take care of all my trades that are running?
Main function that I would need: to set stoploss at breakeven after some pips.
I think the problem with risk-reward ratio could be solved by this.

(I have one called Multi purpose trade manager but this has so many functions and settings that I would look for sth simpler. Breakeven and Trailing Stop - nothing more.)
The THV Cave Manager from the THV thread or the SwissArmyKnife
"The only successful substitute for brains is silence."
  • #5,188
  • Aug 5, 2009 12:43am Aug 5, 2009 12:43am
Quoting DXTrade
Hello guys

I have an announcement to make:
After letting run the EA the whole night (Philippines) I decided to abandon the EA project.
The EA took sells as well, all fine now... but I definitely prefer manual trading.

Trading is a profession and EA shortcuts are always a way to NOT LEARN and to lose money.

I will delete slowly all my EA posts from this thread.

My motivation and probably the one of Edge and the thread is to scalp an easy to follow system and learn how to master yourself.

Here we go.

Hope you don't mind.

Maybe there is a brilliant...
Sorry to hear this...
Trading is certainly a manual task but I hoped to have an EA to work out better (differentiated) SL and TP levels for the system as it can be used in different ways and I am still not sure if R/R ratio 1/4 or even 1/6 is sustainable during longer period with big lots and real money.
Of course, this work can also be done through creative thinking
Thank you for your big work that you have done already!
  • #5,189
  • Edited 1:08am Aug 5, 2009 12:51am | Edited 1:08am
Results for today.
Nitro (+5 gy, +5 gy, +5 gy, +3gy, +5ey, +5ey, -8 eu, -3 eu, -16ey)

+1 for the day. Learning.

two more:
..+5 and another +3 on gy.

Ok +9 for the day. GY is a crazy animal.
  • #5,190
  • Aug 5, 2009 1:19am Aug 5, 2009 1:19am
2 trades so far today. +20 total. 4% gain to the account.

GU was a bit nerve wracking when the news came in and it went up a bit, but as I had only gone +1 into profit at best, I left it there.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: ej5-8.gif Size: 26 KB
Click to Enlarge Name: gu5-8.gif Size: 31 KB
  • #5,191
  • Aug 5, 2009 1:19am Aug 5, 2009 1:19am
Quoting Damo12
Hey,
Ive been playing with Update Stops to BE (EA) thats in the paperclip of this thread. Its a LOT more simple to the Army knife and Multi Purpose trade manager.
It however has some coding errors I think, so it would be great if someone could look at it. (thecatpreach is kindly working on it I believe)
regards,
D.
I cannot get update stops to enter T/P automatically, it does everything else. Even v2 doesn't automatically enter t/p. Would be nice.
  • #5,192
  • Aug 5, 2009 1:42am Aug 5, 2009 1:42am
Quoting Damo12
Hey,
Ive been playing with Update Stops to BE (EA) thats in the paperclip of this thread. Its a LOT more simple to the Army knife and Multi Purpose trade manager.
It however has some coding errors I think, so it would be great if someone could look at it. (thecatpreach is kindly working on it I believe)
regards,
D.
What do the errors do to its behaviour? And should it be attached to each chart/pair?
  • #5,193
  • Aug 5, 2009 1:46am Aug 5, 2009 1:46am
Can someone explain me why you still try to use an EA with coding problems if you have one perfectly coded and working at the THV thread????
"The only successful substitute for brains is silence."
  • #5,194
  • Aug 5, 2009 2:04am Aug 5, 2009 2:04am
Pretty quiet today, 5 trades, 5 x +5 pips before Europe awakens.
Attached Image (click to enlarge)
Click to Enlarge Name: asian 1.gif Size: 82 KB
  • #5,195
  • Aug 5, 2009 2:45am Aug 5, 2009 2:45am
DXTrade or anybody,
Can you explain the idea of ATR on Renko charts? It is included in DXTrade info panel but I do not quite understand what it is showing on Renko where time has a different meaning? Average True Range of what?
  • #5,196
  • Aug 5, 2009 2:47am Aug 5, 2009 2:47am
Hello guys

I have an announcement to make:
After letting run the EA the whole night (Philippines) I decided to abandon the EA project.
The EA took sells as well, all fine now... but I definitely prefer manual trading.

Trading is a profession and EA shortcuts are always a way to NOT LEARN and to lose money.

I will delete slowly all my EA posts from this thread.

My motivation and probably the one of Edge and the thread is to scalp an easy to follow system and learn how to master yourself.

Here we go.

Hope you don't mind.

Maybe there is a brilliant genius coming up one day to deliver an EA for this way of trading... until then: Let's move our fingers to pull the trigger.

See you with manually traded charts

DXTrade,

While I totally agree with you that this thread is for manual scalping and members like me have to learn the hard way for their own benefit, it remains that your talents should probably find their way to serve the community in a separate new thread of your own... wouldn't it be "wunderbar".

Thanks for your contribution and above all Edge's patience and cool tenacity.
  • #5,197
  • Aug 5, 2009 2:58am Aug 5, 2009 2:58am
Eurjpy + 5

eurusd +5 +5 +5
Attached Image (click to enlarge)
Click to Enlarge Name: dxtrade.gif Size: 26 KB
"The only successful substitute for brains is silence."
  • #5,198
  • Aug 5, 2009 3:10am Aug 5, 2009 3:10am
Quoting Indrek
DXTrade or anybody,
Can you explain the idea of ATR on Renko charts? It is included in DXTrade info panel but I do not quite understand what it is showing on Renko where time has a different meaning? Average True Range of what?
As far as I can see it's the average true range of the last renko candles as the have 10 pips in hindsight, but not in real life.
Thats why its always turning between 12 and 16 on a 10 brick renko.
Not really important though.

But the indi wasn't supposed to be on a renko chart in the first place.
"The only successful substitute for brains is silence."
  • #5,199
  • Aug 5, 2009 3:15am Aug 5, 2009 3:15am
Hi folks.... some idea of what I've been practicing with Renko scripts...

The crossing of Trix-index and T3-Trix.... i.e. possible early entries... before getting confirmation after or simultaneously with/from smTrix.

Just my 2cts...


Cheers !
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpy.gif Size: 41 KB
  • #5,200
  • Aug 5, 2009 3:21am Aug 5, 2009 3:21am
If you would.. what are the settings of the trix index and t3 trix
you are using? And just to confirm what you are using yourself..you are using 5 tic renko still?


Quoting Syahmi
Hi folks.... some idea of what I've been practicing with Renko scripts...

The crossing of Trix-index and T3-Trix.... i.e. possible early entries... before getting confirmation after or simultaneously with/from smTrix.

Just my 2cts...


Cheers !
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