TraCop-1% | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread
Attachments: TraCop-1%
Exit Attachments

TraCop-1%

  • #61
  • Dec 21, 2009 5:25pm Dec 21, 2009 5:25pm
Quoting Forexcube
Hi SkyzerFX

Thank you for this Indi. I like Indicator where I can see the code with an MT4 Editor. Is it possible with the ADX-Candles"?

Kindest regards
All I have is an executable file not .mq4. I'll look for it, if I find it

I'll post it here..
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
  • #62
  • Dec 21, 2009 5:55pm Dec 21, 2009 5:55pm
Took a +10 on a demo trade to see how the method works. Seems like there is some merit with this method. Will trial it out some more....

I saw that price was Exhausted on EU and unable to go lower as it had found some support, other charts of mine confirmed it, so took the next cross of the Gann HiLo. Definately going to give this method more attention this week, see if it can perform for me consistently somewhat.
Attached Image (click to enlarge)
Click to Enlarge Name: tracop_eu.gif Size: 38 KB
  • #63
  • Dec 21, 2009 10:59pm Dec 21, 2009 10:59pm
Quoting maxwell-eqtn
Christian,

Your results are awesome. It appears your are taking trades every second. Please show me how to do that..., I wanna work with you man.
Thanks a lot for your feedback.

Hi maxwell

We'll find the time to trade together.

Please let me know if you have any specific questions about it. Thank you.


Kindest regards
  • #64
  • Dec 21, 2009 11:09pm Dec 21, 2009 11:09pm
Gann HiLo Activator

Summary:
The Gann HiLo Activator was first introduced by Robert Krausz in the Feb. 1998 issue of Stocks & Commodities Magazine. Further information about this indicator was gathered from Robert Krausz's Fibonacci Trader Journal (Volume 1, Issue 2). The Gann HiLo Activator is basically a simple moving average of the previous 3 periods' highs or lows plotted based in relation to the HiLo Activator.

Gann HiLo Activator can be usedat any timeframe. This trend following indicator helps to find Entry – and Exit-Points. It allows to enter a trade quite early and stay in the trade longer.
So Gann HiLo Activator could be the right tool if you have a set of rules or a trading system that requires some improvement on entries and exits. By adding Gann HiLo Activator you may now pinpoint more accurate entries. Gann HiLo also looks interesting for scalping. All you need is to identify the main trend take either only Buy or Sell signals given by the indicator. We can use EMA55 ti identify the main trend.

Interpretation
The Gann HiLo Activator is meant to be used in conjuction with the Gann Swing Oscillator and Gann Trend Oscillator indicators to form a trading system methodology commonly referred to as the "New Gann Swing Chartist Plan". Within this methodology the Gann HiLo Activator can be used as an entry trigger and stoploss point. When price is above the HiLo Activator it can be used as a buy stop (uses the previous periods lows for calculations) and when price is below the HiLo Activator it can be used as a sell stop (using the previous periods highs for calculation).
See
http://www.cmsfx.com/en/trading-soft...ilo-activator/


Gann High Low - Metastock Indicator Formula
 by Adam Hefner
 {name: GANN-HiLo}
 HLd:=If(CLOSE>Ref(Mov(H,3,S),-1),
{then}1,
{else}If(CLOSE<Ref(Mov(L,3,S),-1),
{then}-1,
{else}0));
HLv:=ValueWhen(1,HLd<>0,HLd);
HiLo:=If(HLv=-1,
{then}Mov(H,3,S),
{else}Mov(L,3,S));
HiLo;

You'll find the Gann High Low formula under:
http://www.meta-formula.com/Metastoc...tock-formula-6


Practical Effect
see under:
http://forex-strategies-revealed.com...hilo-activator
Gann HiLo signals about trend momentum change. Can be used for entries and exits. One should wait till the parameter of the indicator is fixed, e.g. Wait till a candle closes before deciding on entries and exits. You get better exit and entry signals if the lokback period is set to 5. It is recommended to use only on M30 or higher timeframes, the spread will kill you.
Retrace: One thing you can do to fix the problem of waiting is to drop down a time frame. You could look at the H4 and H1. If the H1 is a long candle, then you might miss a goos chunk of move and risk a retrace. I use the HiLo on 3 or 5, drop to a M30 time and enter. Usually there isn't much retrace.

Tip: If you open M1 chart you'll quickly get an idea of the indicator behavior, and not only this one, but any indicator you like to study.

Please let me know if you have any specific questions about it.

Thank you.
  • #65
  • Dec 21, 2009 11:26pm Dec 21, 2009 11:26pm
Since beginning day 22 Dec. (GMT +1) candles dance under EMA 55 on M15 chart and not been broken until now.
Preferred M1/M5 trading.
  • #66
  • Dec 21, 2009 11:35pm Dec 21, 2009 11:35pm
2009.12.22 GMT +1 (4:25 - 6:28)

$ 17 + 8.50 + 12.00 + 15.50 + 15.50 + 9 + 15.87

Profit: 93.37 $
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD, M14, 2009 December 22.jpg Size: 384 KB
Attached File(s)
File Type: pdf TraCop-1%, 2009 December 22, 6h30 GMT+1, Report.pdf   27 KB | 429 downloads
  • #67
  • Dec 22, 2009 3:17am Dec 22, 2009 3:17am
Quoting Forexcube
2009.12.22 GMT +1 (4:25 - 6:28)

$ 17 + 8.50 + 12.00 + 15.50 + 15.50 + 9 + 15.87

Profit: 93.37 $
How are you able to take trades in few secs... I can see in your report that, many of your trades lasts only few secs..

Are you using any EA for that.

Thanks,
Prakash
  • #68
  • Dec 22, 2009 7:37am Dec 22, 2009 7:37am
ForexCube: Would you be able to share any of your entries that you took from m1/m5 timeframes marked with a vertical line so we can see more clearly?

I think if you posted more of your entries along with brief reasons why you picked that entry it would help everybody alot more, we could all learn much faster about your method

It would be most appreciated. Many thanks for your time.
  • #69
  • Edited 1:54pm Dec 22, 2009 11:58am | Edited 1:54pm
Quoting reachjj
How are you able to take trades in few secs... I can see in your report that, many of your trades lasts only few secs..

Are you using any EA for that.

Thanks,
Prakash
Hi reachjj

I have Oanda and several MT4 accounts. With Oanda you have 5 sec., 10 sec., 30 sec. timeframes. But it isn't really necessary. You could trade M1 as well. GannHiLo and EMA Lines in due consideration of support and resistance lines, Mouteki, Fibonacci, Pivot Points it's easier to point out the entries and exits.

I don't use an EA for that.

Kindest regards
  • #70
  • Dec 22, 2009 12:00pm Dec 22, 2009 12:00pm
Quoting WilteredFire
ForexCube: Would you be able to share any of your entries that you took from m1/m5 timeframes marked with a vertical line so we can see more clearly?

I think if you posted more of your entries along with brief reasons why you picked that entry it would help everybody alot more, we could all learn much faster about your method

It would be most appreciated. Many thanks for your time.

Hi WilteredFire

Oh yes, I've promised you. I wasn't in the market today, only in the cool of the early morning.

Kindest regards
  • #71
  • Edited 12:42pm Dec 22, 2009 12:14pm | Edited 12:42pm
Hi all

Everybody could post his chart with entries and exits. I would comment this in my style of market analysis with a look on multiple time frames to enter into the equation and feel free to experiment with all indicators of TraCop-1%, may be one or two others, which you prefere to trade with and we'll discuss the assessments. Everybody could post his evaluation.

:-)
  • #72
  • Edited 4:11pm Dec 22, 2009 12:18pm | Edited 4:11pm
I would trade EURUSD with M1, M5, perhaps until new Year. Market shows too many ambiguous signals on the different timeframes (H4, Daily, Weekly). Might be a pullback?,.. or will market goes further down?

Compare by monitoring EURUSD, the EURJPY and GBPJPY and USDCHF.
The last several 5 minutes intervalls EUR is coming upward and downward but GBPJPY is running upwards, a little later then he's running downards, again. The market seems to be not volatile at the moment but does it hold on?. GBPJPY only between 146 till 146.70 on M5 and EURUSD much the same effect (1.4220 to 1.4275). Perhaps market is in a consolidating phase and we'll spy a range bound market situation for the next days. We don't know! So M1 or M5 timeframes would be my favored trading style for coping my trades if I get round to trade before Christmas.
When I'd trade I'll diminishes the Lot or go in and out within an incremental time scale, M1, 30 sec., 10 sec. - and in that case with a higher Lot size - and I would like to balance my accounts even more now, then I did it last week.
When market would rebounded in EURUSD it might to be better calculate this turn back with fibonacci lines. The daily chart shows a classical indifferent candle - small body with long shadows and the day before yesterday market had signalised the same.
Perhaps it's better to wait for better probabilities...

Kindest regards
  • #73
  • Dec 22, 2009 12:58pm Dec 22, 2009 12:58pm
Support and Resistance Lines at 139/140 and 150/152

Set Pending orders between 150.00 - 142.00 with 1/2 of deposits.
Sell 150.00 Target 146.00 or 1.4220
Buy 140.20 with Stop Loss (138) and Target 145.60 or 150.00 with 1/2 of deposits.

The other half could be invest in EURJPY and USDJPY.
  • #74
  • Edited 2:53pm Dec 22, 2009 2:27pm | Edited 2:53pm
AUDUSD, Weekly

See the last two bars on weekly chart.

Bar crosses counterpart of EMA9. When candle closes downside EMA55 this week probability might increases for a good Enter Short Trade.

Monitoring H4 and Daily.

I take over more risc with an Enter Short around 0.87730 now. It might be a good entry for 1/2 of deposits. Perhaps it will rebound a little back, even so I go in with one half.

Target at choice: 0.8343, 0.8071, 0.78070, 0.72630, 0.7000


So
Enter Short at 0.87730 put aside and get an eyeful of this in February.

When 0.84245 will be broken enter Short again with the other half and take a look if the currency falls under 0.83100 on and on.

;-)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSD, Weekly, 2009 December 22.jpg Size: 302 KB
Click to Enlarge Name: AUDUSD, Daily, 2009 December 22.jpg Size: 308 KB
  • #75
  • Dec 22, 2009 2:53pm Dec 22, 2009 2:53pm
Hello,
Forexcube please could you explain more on trading Strategy (EURUSD Market Analysis)using TraCop-1% indicator. this is my mail address [email protected]. please i need more explanation. the one posted here is not so clear to me.

thanks.
  • #76
  • Edited 3:08pm Dec 22, 2009 2:54pm | Edited 3:08pm
1.4275 seems to be a Resistance line.
1.4213 - 1.4230 there was a hammer 20 bars before. Would it be broken in what follows?
M30 would say "yes"!,..., so long as candles ramble downside the EMA 9/EMA20 Line and H1 make no ticks for going an upward one.
H4 candle is clear full of red and Daily candle shows after an indifferent one in the afternoon (GMT +1) more a fair red body now and stands below EMA200 to this day.

I would go in around 1.4250 with 1/4 or 1/2 of deposits.
Target: 1.4205, 1.4135
Stop Loss no one, though hedge the position if it will become necessarily.
  • #77
  • Dec 22, 2009 3:11pm Dec 22, 2009 3:11pm
Quoting lakenside
Hello,
Forexcube please could you explain more on trading Strategy (EURUSD Market Analysis)using TraCop-1% indicator. this is my mail address [email protected]. please i need more explanation. the one posted here is not so clear to me.

thanks.

Hi lakenside

You can ask questions here on this threat. So other traders can give you answers too.

You're wellcome!
  • #78
  • Dec 22, 2009 4:25pm Dec 22, 2009 4:25pm
update:
Account Deposit: 10'000.- $ (open day: 2009 December 17)
Status quo: 2009 December 22, 23h15 GMT+1
Closed Trade P/L: 9'178.23 $
Floating P/L: -157.67 $
Equity: 19'020.56 $
Balance: 19'178.23 $
Profit: + 9'020.56 $
Attached File(s)
File Type: pdf TraCop-1%, 2009 December 22, 23h15, Report.pdf   28 KB | 443 downloads
  • #79
  • Dec 22, 2009 4:30pm Dec 22, 2009 4:30pm
2009.12.22 till 23:15 GMT +1

$ 17 + 8.50 + 12.00 + 15.50 + 15.50 + 9 + 15.87 + 37.80 + 39 + 29 + 12 + 139 + 10 + 49 + 31 + 48 + 37

Profit: 525.17 $

see #78
  • #80
  • Dec 23, 2009 12:58am Dec 23, 2009 12:58am
Quoting Forexcube
2009.12.22 till 23:15 GMT +1

$ 17 + 8.50 + 12.00 + 15.50 + 15.50 + 9 + 15.87 + 37.80 + 39 + 29 + 12 + 139 + 10 + 49 + 31 + 48 + 37

Profit: 525.17 $

see #78
Forexcube,

I have trying to figure out how you trade and how you get signals I still can't figure out squat, could you please explain in plain english how you trade, this is really a mystery I cant figure out what you are doing, your charts are also not visible enough to understand what you are doing. Just show one signal with entry, stop loss level and take profit level please
1 trader viewing now