Eaglets Flight Training School | Page 2 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Forex Training: What to Look for in a Forex Training Program 1 reply

Quit Job , go Back to School, Trade Forex? 33 replies

Can forex trading help with a MBA school admission ? 1 reply

Attachments: Eaglets Flight Training School
Exit Attachments

Eaglets Flight Training School

  • #21
  • Oct 15, 2009 3:27pm Oct 15, 2009 3:27pm
Thanks for Beginning this thread. I hope to learn a lot from you and become a profitable trader within a few months.

Randy
  • #22
  • Edited Oct 17, 2009 2:26am Oct 16, 2009 8:09am | Edited Oct 17, 2009 2:26am
Apologise for the delay in posting.

Enjoy and let us all eaglets fly high!

This manual and these indicators will be posted on POST #! when PPP returns after the weekend.

Edit: Have edited the Optional Indicator zip file. "Capture" and "MyPivotsIndicators" were left out or not accesscible previously.
My apologies.
Please let me know if all indicators are opening properly now.
Attached File(s)
File Type: pdf MTF TRIX v1.4.pdf   1.5 MB | 1,154 downloads
File Type: zip Mandatory Indicators.zip   115 KB | 843 downloads
File Type: zip Optional Management EA's.zip   20 KB | 588 downloads
File Type: zip Optional Indicators.zip   705 KB | 727 downloads
  • #23
  • Oct 16, 2009 9:27am Oct 16, 2009 9:27am
Just to chip in, i use this EA to manage stops and TP. Works a lot better & faster than the one posted previously if it's the same one i think it is.

http://www.forexfactory.com/images/icons/icon14.gif to the person who wrote it whoever you are.
Attached File(s)
File Type: mq4 Update Stops to BEv3.mq4   11 KB | 601 downloads
  • #24
  • Oct 16, 2009 9:48am Oct 16, 2009 9:48am
Quoting Ozz
Just to chip in, i use this EA to manage stops and TP. Works a lot better & faster than the one posted previously if it's the same one i think it is.

http://www.forexfactory.com/images/icons/icon14.gif to the person who wrote it whoever you are.
Thanks for the feedback,

I have used it too. It has 2xTP not the 3x TP asexplained in the manual "scaling out strategy "0n page 11. This is a good optional Management EA too. Will add as option to the next version of manual.
  • #25
  • Oct 16, 2009 1:01pm Oct 16, 2009 1:01pm
[quote=studbiol;3146209]Hi there,


I am an avid follower or the MTF system and the previous C4 and Nitro. But I like this system much better. Thank you for starting it and the charts that studbiol is showing.

I always wish that with any system we all use the same charts when we show them with our posts. While I know we always hear that create your own charts and I know we all can but is it possible for you to share your template so we can have the same chart? I find this so much easier to share with everyone.

Please let me know if you will do that studbiol and thanks for all your input.
  • #26
  • Oct 16, 2009 1:17pm Oct 16, 2009 1:17pm
+179 pips
Current open positions +59 pips
Will shut down shortly because trading is coming to an end.

Have a great weekend!
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Oct. 16 20.06.gif Size: 63 KB
" Never let the past hold the future to ransom "
  • #27
  • Edited 1:45pm Oct 16, 2009 1:19pm | Edited 1:45pm
Thanks for the link to the manual, all reading and practice makes us better traders.
  • #28
  • Oct 16, 2009 1:50pm Oct 16, 2009 1:50pm
Rollover trades
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_01 Oct. 16 20.41.gif Size: 55 KB
" Never let the past hold the future to ransom "
  • #29
  • Oct 16, 2009 1:52pm Oct 16, 2009 1:52pm
Positions to be rolled over
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Oct. 16 20.41.gif Size: 58 KB
" Never let the past hold the future to ransom "
  • #30
  • Oct 16, 2009 1:56pm Oct 16, 2009 1:56pm
Quoting lrathi
Apologise for the delay in posting.

Enjoy and let us all eaglets fly high!
Thank you for the updated manual.

Although I am keeping a low profile because of a hectic trading schedule, I do notice the effort, much appreciated
" Never let the past hold the future to ransom "
  • #31
  • Oct 16, 2009 2:13pm Oct 16, 2009 2:13pm
[quote=kapitolking;3154086]
Quoting studbiol
Hi there, ..... Please let me know if you will do that studbiol and thanks for all your input.
Hi Kapitolking

of course you may have my template. I packed a zip file with the template and all the indicators. The indicators are all necessary even so when smTrix and Heiken_ashi smoothed are not shown on the screen ... they need to be in your indicator folder and run in the background supporting TRIX_Signals and 4TF HAS.

I'm not sure whether my smTRIX_signal arrows use the optimal setting. Perhaps you - or an other member - will find a better one ... any suggestions are welcome.

Have a nice weekend
Attached Image
Attached File(s)
File Type: zip eaglets flight training school #001.zip   106 KB | 815 downloads
If there are pips you can collect - just do it!
  • #32
  • Oct 16, 2009 2:46pm Oct 16, 2009 2:46pm
Irathi,
Thanks for the new updated manual.
  • #33
  • Oct 16, 2009 3:35pm Oct 16, 2009 3:35pm
Hi,

a trade that caused heavy heartbeats ...

Attached Image (click to enlarge)
Click to Enlarge Name: 2009-10-16 post 1.1.gif Size: 45 KB


... but ended lucky.

If there are pips you can collect - just do it!
  • #34
  • Oct 16, 2009 4:26pm Oct 16, 2009 4:26pm
Quoting studbiol
Hi,

a trade that caused heavy heartbeats ...

Attachment

... but ended lucky.


Look at the attached chart of EURUSD. The pair was in an uptrend for a few days. The pullback bounced a few times from a key fib level 618 a few times today. If you go to a 5m chart you can clearly see this.
The downtrend was not confirmed before the 618 level gave way today.
Note my entry short on EURUSD today. Very little pullback and the TP level filled after I waited for the 618 level to break first before taking a position. I saw a chart on the other threat with an early entry as well, also had to sit through a nasty bounce from 618 fib level
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_02 Oct. 16 23.16.gif Size: 29 KB
" Never let the past hold the future to ransom "
  • #35
  • Oct 16, 2009 4:43pm Oct 16, 2009 4:43pm
Quoting studbiol
Hi, I think I know the problem: You need Heiken_Ashi_smoothed.ex4 in your indicator folder. You need not to have it on your chart. It is attached and I hope that this is the solution.

An other question was: What is the difference between the HAMA2 and 3? Are both necessary on the chart?

The only difference is the width of the bricks. The indicators are equal. I modified the HAMA 3 only because I use different magnifications of my charts. Try out what suites better to your visual preference.


...
Thanks Studbiol I have been wondering why my HAMA in one platform is all red and the other platform it comes out well. You have provided the answer. Actually I have been successfully trading the HAMA (Daily Charts) Get in on a change of colour and ride the trend taking profits on designated S&R. Rentries on a pull back when the 4 hr HAMA goes in line with the daily colour. Very profitable, just add an oscillator (preferable MACD or QQE) to spot divergence(The only exception when I do not go with the HAMA). Great thread
LISTEN TO MR FUNDAMENTAL AND MR TECHNICAL
  • #36
  • Edited 9:53pm Oct 16, 2009 8:22pm | Edited 9:53pm
[quote=kapitolking;3154086]
Quoting studbiol
Hi there,


I am an avid follower or the MTF system and the previous C4 and Nitro. But I like this system much better. Thank you for starting it and the charts that studbiol is showing.

I always wish that with any system we all use the same charts when we show them with our posts. While I know we always hear that create your own charts and I know we all can but is it possible for you to share your template so we can have the same chart? I find this so much easier to share with everyone.

Please let me know if you will...
I totally agree from the learning point of view for all to have the same template and even use the same demo from the same broker.

The way I see it.... as the MTF trix strategy evolved and developed.....we kindly had some generous programmers who came and programmed three versions of the MTF Trix meters to help us. This has added some diversity for choice to traders.

Further ,we have another kind and generous programmer who has provided us with alerts to these meters.

So, what is the solution now?

Find which version of the MTF Trix meter and as well as confirming indicators where you feel comfortable and please use and post charts. HAMA is more VISUAL MA TOOL. IT IS THE SAME AS THE WMA 32. I have used both on my charts. Personally I am a visual trader and do like the HAMA.

1. THE KEY IS TO PLEASE USE THE CHECKLIST PROVIDED IN THE MANUAL BEFORE PULLING THE TRIGGER. IT HAS ALL THE TWEAKS for higher probability trades for this system. Page 23-26 in manual.
Suggestion to all: print and laminate these 4 pages of the CHECKLISTS and use a white board marker to tick the boxes when you have a line up of TFs on any MTF TRIX METER
2. Feel free to add to the checklist your personal confirming tool too! to help you tick the boxes in your trading plan.
3. The HINTS and TIPS section of the manual is also worth reading especially HINT 2. Page 17 in manual.

There is a wealth of information and support here (traders and manual) which when combined can only result in PROFIT.
  • #37
  • Oct 16, 2009 9:40pm Oct 16, 2009 9:40pm
Quoting Noel
Irathi,
Thanks for the new updated manual.
You are welcome!

Lets hope many eaglets are able to use it to soar high up in the sky!

Please the summary of tweaks for this trend following(UP-DOWN approach to trading ) system is all in the checklist on pages 23-26 of the manual.

This together with HINT 2 on page 17 of the manual will make any trader profitable.

The key is practice and discipline using these tools.

My account is UP .
  • #38
  • Oct 16, 2009 9:48pm Oct 16, 2009 9:48pm
Quoting Gleneagles
Thank you for the updated manual.

Although I am keeping a low profile because of a hectic trading schedule, I do notice the effort, much appreciated
Your appreciation and recognition in the manual (effort etc) is noted. To know it is read and useful is my reward.

Despite your hectic trading schedule ,Your Input and support on the thread is always welcome.

PPP and myself have our own personal family committments too and low -profile and delays from time to time will be the norm.

I am sure this warm and friendly environment of traders will all appreciate the selfless work we are all doing /contributing to help others in the community to improve their skills with best of intentions in our free time.
  • #39
  • Oct 17, 2009 1:28am Oct 17, 2009 1:28am
Quote
of course you may have my template. I packed a zip file with the template and all the indicators
thanks for template really like it
can i plaese ask about dash board on right of screen can you elaborate on headings CC BS STr TR also the green red and purple squares on the main screen
thanks for your help The mtf indys are fine
  • #40
  • Oct 17, 2009 4:02am Oct 17, 2009 4:02am
Quoting lrathi
Apologise for the delay in posting.

Enjoy and let us all eaglets fly high!

This manual and these indicators will be posted on POST #! when PPP returns after the weekend.

Edit: Have edited the Optional Indicator zip file. "Capture" and "MyPivotsIndicators" were left out or not accesscible previously.
My apologies.
Please let me know if all indicators are opening properly now.
Good work! Much appreciated!!
0 traders viewing now