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Attachments: C4 Scalping
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C4 Scalping

  • #6,041
  • Aug 10, 2009 9:11pm Aug 10, 2009 9:11pm
Quoting ukcool
Guys is there a script which closes all open trades
Hi UKcool. I know this is an old post, but I am working my way through the thread again.

I have 3 EA's that I have found very useful in managing open trades.

They all have their merits.
1. Update Stops. Simple and works great for TP & SL exits.
2. MTP_1.7. One of the best I have used. Handles simple and complex orders.
3. Swiss Army. Does just about everything. One useful feature that it has that the others do not - it can watch the equity in your account and close ALL orders in the terminal at your set minimum.

Enjoy
Attached File(s)
File Type: ex4 UpdateStops.ex4   12 KB | 613 downloads
File Type: ex4 MTP_1.7.ex4   9 KB | 572 downloads
File Type: ex4 Swiss Army EA v1.51.ex4   29 KB | 542 downloads
  • #6,042
  • Edited 9:57pm Aug 10, 2009 9:38pm | Edited 9:57pm
I use the trade manager ea in the first post on this thread and it does everything I could ever think of http://www.forexfactory.com/showpost.php?p=2029899&postcount=1

Regards,
Jeff

Quoting DojiMojo
Hi UKcool. I know this is an old post, but I am working my way through the thread again.

I have 3 EA's that I have found very useful in managing open trades.

They all have their merits.
1. Update Stops. Simple and works great for TP & SL exits.
2. MTP_1.7. One of the best I have used. Handles simple and complex orders.
3. Swiss Army. Does just about everything. One useful feature that it has that the others do not - it can watch the equity in your account and close ALL orders in the terminal at your set minimum.

Enjoy
  • #6,043
  • Aug 10, 2009 9:51pm Aug 10, 2009 9:51pm
Quoting Edgetrader
LA time

7-12 NY time
just a minor observation.

asian session is the most 'plain looking' session of all three. why do you intendedly trade this one?

nice scalping method.
The risk is what gives value to an investment.
  • #6,044
  • Aug 10, 2009 9:58pm Aug 10, 2009 9:58pm
4 nice +5's this morning.
Attached Image (click to enlarge)
Click to Enlarge Name: asian 1.gif Size: 88 KB
  • #6,045
  • Aug 10, 2009 10:04pm Aug 10, 2009 10:04pm
Quoting 3cent
just a minor observation.

asian session is the most 'plain looking' session of all three. why do you intendedly trade this one?

nice scalping method.
7-12 pst is morning time and is the London/U.S. overlapping period.
  • #6,046
  • Aug 10, 2009 10:21pm Aug 10, 2009 10:21pm
Quoting azjeff
I use the trade manager ea in the first post on this thread and it does everything I could ever think of http://www.forexfactory.com/showpost.php?p=2029899&postcount=1

Regards,
Jeff
Thanks AZJeff. That sounds like a useful EA. Is the name of it "Trademanager"?. I looked on the first post and throughout the thread, but did not see it.
  • #6,047
  • Aug 10, 2009 10:29pm Aug 10, 2009 10:29pm
Hey everyone...

I have a question about trading times...

I have an indi called Tokyo, which shows the trade times for the Asian session (obviously)...

I was wondering if anyone who knew how to code would be in a position to do up a similar indi with our C4 trade times on it? I think it could be handy for those of us who trade C4, both in terms of visual backtesting as well as for regular trading.

Anyway, it was just a thought... If anyone has the skills and the time to do so, it would be appreciated by quite a few of us I would think...

Regs

Russ
How do you make a small fortune in Forex? Start with a large one!
  • #6,048
  • Edited Aug 11, 2009 7:43pm Aug 10, 2009 10:34pm | Edited Aug 11, 2009 7:43pm
Well I hate to say this, but I'm pretty happy with my DX Meter now

Checked it and it's showing all values as it should.
5-digit spread is fixed.
Will not change it anymore until post#1 is changing

You obviously still need the DXTrix in either your indicator or expert folder (not on the chart)

Time to trade now!

Updated Indicators in post: http://www.forexfactory.com/showthread.php?p=2947558#post2947558
"The only successful substitute for brains is silence."
  • #6,049
  • Aug 10, 2009 10:40pm Aug 10, 2009 10:40pm
Quoting paidperpip
Hey everyone...

I have a question about trading times...

I have an indi called Tokyo, which shows the trade times for the Asian session (obviously)...

I was wondering if anyone who knew how to code would be in a position to do up a similar indi with our C4 trade times on it? I think it could be handy for those of us who trade C4, both in terms of visual backtesting as well as for regular trading.

Anyway, it was just a thought... If anyone has the skills and the time to do so, it would be appreciated by quite a few of us I would think......
It's been done .. click the paperclip attachmet link at top right of these posts and it is in there somewhere ... C4 sessions or something like that. Also there is one called isessions that you can adjust anyway you want it.
******************* I'd rather make money than be right.
  • #6,050
  • Aug 10, 2009 11:19pm Aug 10, 2009 11:19pm
Russ,

I would also be in favor of an indicator that shows all the times. Please let me know if you find one and I'll do the same.

rptrader

Quoting paidperpip
Hey everyone...

I have a question about trading times...

I have an indi called Tokyo, which shows the trade times for the Asian session (obviously)...

I was wondering if anyone who knew how to code would be in a position to do up a similar indi with our C4 trade times on it? I think it could be handy for those of us who trade C4, both in terms of visual backtesting as well as for regular trading.

Anyway, it was just a thought... If anyone has the skills and the time to do so, it would be appreciated by quite a few of us I would think......
  • #6,051
  • Aug 10, 2009 11:28pm Aug 10, 2009 11:28pm
Quoting Bam Bam
Here are my C4 trades for this evening. Cant always catch the morning train...
So what does this setup have to do with this thread? Are you following which concept? Anything to do with what we're discussing here?
If it backtests good run it live!
  • #6,052
  • Aug 10, 2009 11:33pm Aug 10, 2009 11:33pm
Quoting fxspeedster
So what does this setup have to do with this thread? Are you following which concept? Anything to do with what we're discussing here?
He is following exactly what he says he is....C4. This thread is not all about Renko.
  • #6,053
  • Aug 10, 2009 11:39pm Aug 10, 2009 11:39pm
Quoting paidperpip
Hey everyone...

I have a question about trading times...

I have an indi called Tokyo, which shows the trade times for the Asian session (obviously)...

I was wondering if anyone who knew how to code would be in a position to do up a similar indi with our C4 trade times on it?...
Paidperpip, here it is the link of the post where the indicator was presented earlier in the thread. This is the only 1 indicator i use in addition to the ones presented in page 1.

(http://www.forexfactory.com/showpost.php?p=2873966&postcount=593)

Regards
JC
  • #6,054
  • Aug 10, 2009 11:41pm Aug 10, 2009 11:41pm
As everyone knows, I only go when the 15min agrees (as per Edge a while back) and the price has gone 2 pips past the signal candle low/high. I hang on for more than 5 pips (usually 10 but more if its moving fast) Yesterdays GU and EU were perfect for it from the minute I started until I finished for the day
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu10-8.gif Size: 31 KB
Click to Enlarge Name: gu10-8.gif Size: 28 KB
  • #6,055
  • Aug 11, 2009 1:01am Aug 11, 2009 1:01am
First +5 of the day
Attached Image (click to enlarge)
Click to Enlarge Name: dxtrade.gif Size: 20 KB
"The only successful substitute for brains is silence."
  • #6,056
  • Aug 11, 2009 1:05am Aug 11, 2009 1:05am
Quoting Chris_B
Hi to all,

I notice that some people is asking when is better to trade the Edge's system.
Quoting 4xStar
It's been done .. click the paperclip attachmet link at top right of these posts and it is in there somewhere ... C4 sessions or something like that. Also there is one called isessions that you can adjust anyway you want it.
Thanks guys... I don't know how I missed it. Your help is much appreciated!

Russ
How do you make a small fortune in Forex? Start with a large one!
  • #6,057
  • Edited 1:34am Aug 11, 2009 1:10am | Edited 1:34am
Quoting rptrader
Russ,

I would also be in favor of an indicator that shows all the times. Please let me know if you find one and I'll do the same.

rptrader
Go over to the THV thread and download the indicators for that method from the first page. In the package is an indicator that displays the sessions. You may have to adjust the indicator by an hour for some of the sessions.

Just add it to one of your charts, compare to the home page on FF, and if you find that it is off by an hour, adjust it in the indicator settings.

It's not too difficult.

Hope this helps.

Edit: I got the indicator for you. It is nice to have it right on the chart. But at the risk of insulting some people, let me say that if you don't have the times for the different trading sessions etched in your brain yet, you probably don't have enough screen time/experience to trade this method. An indicator really should not be needed. My opinion, of course
Attached File(s)
File Type: ex4 THV3 Market Hours.ex4   10 KB | 551 downloads
  • #6,058
  • Aug 11, 2009 1:27am Aug 11, 2009 1:27am
From Edge's posts :
"Following multiple pairs forces one to look more at PA first and indicators second"
"Excellent effort, all trades taken with 'dominant' trend."
"Nobody ever claimed it was a 100% mechanical system."
"Clean, clear, concise charts and good PA allowing your signals to work together to confirm what would be a pretty easy hypothesis to reach regarding direction."
We are scalping , looking to make a fast +5 . In this case what trend should we be watching ? Long term of the last days ? last few bricks ?
If I look at the chart of the EURUSD as an example , I can see a clear down trend .If like in the yellow rectangle , I see a trigger with both Trix indi pointing up as well as the mom(4) , shall I take this trade OR I am supposed to wait patiently to get a setup with the direction of the PA which is SHORT ?
I think that this point is crucial for me to understand very clear what come first the PA or the indicators and what is the trend I am supposed to look at .
Hope to get some answers .
Regards
David
Attached Image (click to enlarge)
Click to Enlarge Name: mech pa.gif Size: 46 KB
  • #6,059
  • Aug 11, 2009 1:29am Aug 11, 2009 1:29am
Thanks Doc. Have a good session.

Quoting DocPMD
Go over to the THV thread and download the indicators for that method from the first page. In the package is an indicator that displays the sessions. You may have to adjust the indicator by an hour for some of the sessions.

Just add it to one of your charts, compare to the home page on FF, and if you find that it is off by an hour, adjust it in the indicator settings.

It's not too difficult.

Hope this helps.

Edit: I got the indicator for you.
How do you make a small fortune in Forex? Start with a large one!
  • #6,060
  • Aug 11, 2009 1:35am Aug 11, 2009 1:35am
Hi EdgeTrader,

I am not looking to avoid the work, but an honest opinion of yours.
Do you think the rules are simple enough that an expert advisor could be coded up to execute them? I did search back in the thread and you mentioned that you wouldn't let a robot do demolition. Well, not to disagree, but smart bombs have become pretty popular, no?
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