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C4 Scalping

  • #6,741
  • Aug 14, 2009 11:27pm Aug 14, 2009 11:27pm
Quoting RichLadyFX
Can u post a screenshot on how the 3 Ducks will appear on your charts? Will it looks any different if you use different version of MT4 it is created for?
Straying off topic here. Can you please pm each other on this then remove your posts? We have already been through the indy envy thing. All the tools you need for this thread are on page 1.
Thanks
The Only Constant Is Change!
  • #6,742
  • Aug 15, 2009 1:16am Aug 15, 2009 1:16am
Hi Jazzman - you are quite correct - it was straying and I have deleted my posts. The question to Edge re +5 and +10 TPs stays.

My question re origin of the ducks was answered for which I am grateful and I am unable to delete the other references to it. Apologies for my indiscretion.

Regards Karl
  • #6,743
  • Aug 15, 2009 4:53am Aug 15, 2009 4:53am
Joining FF today .. Hello Everyone. Sorry this is a bit long post.

I am learning forex for around 4 months with paper trade -> demo account --> little live account ( very recent .. only 12 pips positive yet but its a good start because my first live trade was a winning one )

Came across C4 Nitro through google as I saw this indicator on some chart while browsing web for forex information.

Tried to read all the posts but after page 10 , unfortunately discussion has gone pretty much off topic ( for me ) .. so there are a few newbie questions which i would like to type in

1) Some posts said something about changing some values on the indicators you have offered on first page. Are following correct ?

a: DXTrade C4 Nitro Dashboard

Trix_Period : 2
Period_MA : 10
MOM_Period: 4

b: MA In Color_wAppliedPrice

MA Period : 10
MA Type : 3
MA Applied Price : 6

c: smC4ScalperCandles_v3

Trix_period : 2
_____Trix_Averages___ : 0=SMA, 1=EMA, 2=SMMA, 3=LWMA

Mode Average 1 : 1
Mode Average 2 : 1
Mode Average 3 : 1

2) As the guide says,( just confirming ) do i enter a trade as soon as the Alert comes or wait for the candle to close ?

Thats all the questions I have right now .. On my side i will offer all the HONEST live demo test which i will do with this great indicator for 100 trades. Either all GU or 50 / 50 depending on how the replies come.

The demo account used for these will be from Alpari demo as it offers 1.8 spread for some pairs. All tests will be closed as soon as 5 pips target is reached. All tests will be done on 5 min time frame.

I really hope to be a good learning and eventually a contributor to this forum.

Thankyou and peace out

Tatya
  • #6,744
  • Aug 15, 2009 6:09am Aug 15, 2009 6:09am
Quoting Gleneagles
Darren,

No problem.

It is a good idea to read the whole research document, the methodology used etc. to put the findings in context.
I will post it later...time to have a cold one, sit back and recharge and put forex to bed.

Have a great weekend all.

Regards.
Here it is.
Attached File(s)
File Type: pdf prediciting price action 2004.pdf   642 KB | 1,577 downloads
" Never let the past hold the future to ransom "
  • #6,745
  • Aug 15, 2009 6:33am Aug 15, 2009 6:33am
How about a vote to see if this system is worth something by the entire FF community ?

Any real track record published ?

zaba1
  • #6,746
  • Aug 15, 2009 6:46am Aug 15, 2009 6:46am
Quoting tatyawinchu
...
Tried to read all the posts but after page 10 , unfortunately discussion has gone pretty much off topic ( for me ) .. so there are a few newbie questions which i would like to type in
...
2) As the guide says,( just confirming ) do i enter a trade as soon as the Alert comes or wait for the candle to close ?

Thats all the questions I have right now .. On my side i will offer all the HONEST live demo test which i will do with this great indicator for 100 trades. Either all GU or 50 / 50 depending on how the replies come.
Hi Tatya,
Welcome! Try to read through the entire thread if you can, sometimes it gets a bit laborious but you will find gems in there that will help you (although trading is more important than reading).

You enter trades once the candle has closed.

You said you would be trading all GU. I think it would be good to follow Edge's advice and have the charts for the four pairs open. You don't have to trade on every chart, you can just keep them all open so you can see the big picture of price movement. For more on this read post #6409

Not long ago I was in the same position as you, discovering this thread has been a lifechanger.

Matthew
  • #6,747
  • Aug 15, 2009 6:57am Aug 15, 2009 6:57am
Dear Sir, could u please also let me know if the settings i have made in the indicators as per the first guide post are correct ? I have missed an indicator in the previous post .. as i am a newbie, i could not edit the post till it was reviewed. Here is what is missing from the first question of my previous post.

smSuper_trix_pv_4col

Trix_Period : 3
Trix_period : 2
_____Trix_Averages___ : 0=SMA, 1=EMA, 2=SMMA, 3=LWMA

Mode Average 1 : 1
Mode Average 2 : 1
Mode Average 3 : 1

Thank you .. also, if a call is to be made on candle closure, there is an indicator called b clock which people may find useful .. it shows the time remaining for a candle to close and value of that count down clock changes as the price moves. ( Sorry, I have red that no other indicators to be discussed on this page, but this one is not another strategy, its just a tool many will find very handy )

Thank you and peace out

Tatya
  • #6,748
  • Aug 15, 2009 7:34am Aug 15, 2009 7:34am
Quoting scartree
Hi Jazzman - you are quite correct - it was straying and I have deleted my posts. The question to Edge re +5 and +10 TPs stays.

My question re origin of the ducks was answered for which I am grateful and I am unable to delete the other references to it. Apologies for my indiscretion.

Regards Karl
Thanks Karl .. FWIW, I tried the ducks for a week and found no real value in them. DX's dashboard or info-meter is much better for a 'bigger picture'. As many have said, all we need is in post #1. Anything else is distraction and will just delay progress.
******************* I'd rather make money than be right.
  • #6,749
  • Aug 15, 2009 7:37am Aug 15, 2009 7:37am
Quoting tatyawinchu
1) Some posts said something about changing some values on the indicators you have offered on first page. Are following correct ?

.........
Tatya
Hi .. Edge keeps Post #1 updated with the most current information & settings so whatever is written there overrides all commentary in the past 450 pages. However I suggest you keep reading, maybe skim thru the off-topic posts because there still is a lot of information about trading C4 and a lot of charts posted. Nitro discussion begins around page 155. Good Luck!
******************* I'd rather make money than be right.
  • #6,750
  • Aug 15, 2009 7:39am Aug 15, 2009 7:39am
Quoting zaba1
How about a vote to see if this system is worth something by the entire FF community ?

Any real track record published ?

zaba1
How about checking through the past 6000 or so posts to see the number of people who say they are making consistent money in forex for the first time ever?
******************* I'd rather make money than be right.
  • #6,751
  • Aug 15, 2009 8:27am Aug 15, 2009 8:27am
Looking only for Short trades .
First time with 4 consecutive +5 , for a total of +20
Hope I am starting to understand...
Thanks Edge & amigos
Regards
David
Attached Image (click to enlarge)
Click to Enlarge Name: 4 trades +20.gif Size: 90 KB
  • #6,752
  • Aug 15, 2009 8:30am Aug 15, 2009 8:30am
Dear Sir,
Yes, it is indeed a good idea. The problem is that as and when I start posting this method's results, i will try to do it with as much varifiable data as possible (eg. either screenshots or live screencast of the trade on you tube, arranged datewise in some blog i will make to keep this forum less cluttered.). For this study, if such data is available in last 6000 posts, I will surely go through them. Also, if anyone has collected any such data and willing to share, it would surely be of great help. This will prevent re-inventing of the wheel.

Really cant wait for markets to open now

Thank You and Peace out

Tatya
  • #6,753
  • Aug 15, 2009 8:30am Aug 15, 2009 8:30am
Quoting 4xStar
How about checking through the past 6000 or so posts to see the number of people who say they are making consistent money in forex for the first time ever?

Hi,

what a wonderful idea. I'm looking forward to your results. I'm really very keen. Thank you for that great work.

If there are pips you can collect - just do it!
  • #6,754
  • Aug 15, 2009 9:27am Aug 15, 2009 9:27am
Quoting studbiol
Hi,

what a wonderful idea. I'm looking forward to your results. I'm really very keen. Thank you for that great work.

That's what I suggested that zaba1 do ... let's see if he/she reports back. I don't need to do any checking, I'm already convinced!
******************* I'd rather make money than be right.
  • #6,755
  • Aug 15, 2009 9:31am Aug 15, 2009 9:31am
Quoting tatyawinchu
Dear Sir,
Yes, it is indeed a good idea. The problem is that as and when I start posting this method's results, i will try to do it with as much varifiable data as possible (eg. either screenshots or live screencast of the trade on you tube, arranged datewise in some blog i will make to keep this forum less cluttered.). For this study, if such data is available in last 6000 posts, I will surely go through them. Also, if anyone has collected any such data and willing to share, it would surely be of great help. This will prevent re-inventing of the...
Go through the back posts and watch for the ones with screenshots of 4 pair .. those are the ones to read. That is how Edge wants us to post our results. Just showing an excerpt from a trade sheet or saying 'got +5' means nothing. He wants us to post a pic of the 4 pair being watched as per post #1, either for C4 or Nitro, and indicate manually or otherwise where the trade was taken.
Win or lose not important, this is how we all learn.
******************* I'd rather make money than be right.
  • #6,756
  • Aug 15, 2009 9:54am Aug 15, 2009 9:54am
Quoting tatyawinchu
Dear Sir, could u please also let me know if the settings i have made in the indicators as per the first guide post are correct ? I have missed an indicator in the previous post .. as i am a newbie, i could not edit the post till it was reviewed. Here is what is missing from the first question of my previous post.

smSuper_trix_pv_4col

Trix_Period : 3
Trix_period : 2
_____Trix_Averages___ : 0=SMA, 1=EMA, 2=SMMA, 3=LWMA

Mode Average 1 : 1
Mode Average 2 : 1
Mode Average 3 : 1

Thank you .. also, if a call is to be made on candle closure, there...
Tatya, as per Edge's instructions on page 1, you do not need the smSuper_trix_pv_4col on your chart, only the sm scalper candles (2111), MA (10,3,6), and DX C4 Nitro Dashboard (default). The scalper candles show when the trix crosses the zero line by changing the colour of the candle, and so having the trix in a seperate indicator window uneccessary. B clock has been posted on this thread already.
Regards,
Matthew
  • #6,757
  • Aug 15, 2009 10:03am Aug 15, 2009 10:03am
The problem is that people only post their winners .... that does not show the reality , a bit like posting 1000 renko winning trades in a row no loosers ,
totally impossible ...Most pros would laugh about it

zaba1
  • #6,758
  • Aug 15, 2009 10:10am Aug 15, 2009 10:10am
I have read Edge's post 6409 again & again in particular #4 .
Just 2 days ago I was focusing in the mechanical aspects , searching for the "perfect" entry .Now it's clear crystal. Look at the big picture , look at the PA . Be sure to trade with the trend . Where exactly to enter it's not so important I think .If at the brick when we see an arrow or the brick after ...
I want to ask regarding 2 trades I took . EY ,CY @15:21 (FXDD) .
Trend in 4 pairs = DOWN .At the moment of entry (vertical lines) 3 of 4 pairs were moving down , after down/red arrow , red HMA , Mom bellow 100.
ONLY GY was not in correlation with the other pairs (pink rectangle).
I make +5 in both pairs BUT , do you think it was a mistake to enter the trade based in the PA of GY ?
In the "perfect" case , with perfect correlation , do we look to enter simultaneously in the 4 pairs ?
Tks
David
Attached Image (click to enlarge)
Click to Enlarge Name: ey cy.gif Size: 104 KB
  • #6,759
  • Aug 15, 2009 10:20am Aug 15, 2009 10:20am
Quoting zaba1
The problem is that people only post their winners .... that does not show the reality , a bit like posting 1000 renko winning trades in a row no loosers ,
totally impossible ...Most pros would laugh about it

zaba1
If you read all the thread i guarantee you that you will find also losing trades....search in my posts...and you will find them...
But in the last days my losing trades are very rare...because i'm LEARNING... and i hope i will have the less losing trades as possible day by day..
Market is like a puzzle, YOU have to fit the pieces!!
  • #6,760
  • Aug 15, 2009 10:24am Aug 15, 2009 10:24am
Quoting david4u
I have read Edge's post 6409 again & again in particular #4 .
Just 2 days ago I was focusing in the mechanical aspects , searching for the "perfect" entry .Now it's clear crystal. Look at the big picture , look at the PA . Be sure to trade with the trend . Where exactly to enter it's not so important I think .If at the brick when we see an arrow or the brick after ...
I want to ask regarding 2 trades I took . EY ,CY @15:21 (FXDD) .
Trend in 4 pairs = DOWN .At the moment of entry (vertical lines) 3 of 4 pairs were moving down , after down/red...

The GY is going to be difficult to focus efforts on due to its volatility.

It will give many more signals based upon its rapid movement. This was discusses previously.

Glad to see you are looking more big picture at this time. Definitely a corner turned and your efforts are commendable.

As a suggestion, I would replace GY with UY in order to calm down further the PA associated to the big picture PA observations.

Once you have a week or two under your belt trading big picture wise, you could then consider a return to looking at GY.

Give it a look on your charts and see if you feel this will add value.

Regards.
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