pipware.com | Page 30 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

help for pipware-charts setting 2 replies

Pipware MiniCharts - looking for similar indicator 0 replies

Pipware minichart alternative? 0 replies

Attachments: pipware.com
Exit Attachments

pipware.com

  • #581
  • Edited 2:35pm Jan 22, 2010 1:06pm | Edited 2:35pm
Hello Stratman,

I finally got your dashboard fitted onto my chart. I simply used "THV3 Trix for MTFHisto" indicator and I was able to get everything to fit since I can get rid of that gray area on the right. Now I'm going to start test trading and then if goes well, might simply start using less and less indicators on my chart. I will just need to get a hang of using the dashboard effectively. I also put higher time frame charts on the bottom so I can start drawing trend/support/resistance lines.

Now, looks to me you're mainly trading off your M15 chart with the fractal breaks as a heads up, and especially if M15 and M5 trix all showing same color, I'll have to look through more of your post and videos.
Attached Image (click to enlarge)
Click to Enlarge Name: Chart setup.jpg Size: 223 KB
  • #582
  • Jan 23, 2010 12:21am Jan 23, 2010 12:21am
Here's my favourites:

During Asian Session:
EURJPY

During UK Session:
GBPUSD & EURUSD & EURJPY

GBPUSD is my favourite pair as it has a good spread and high daily range. It also has good moves during cross over of Asian session into UK session.

I may occassionally trade USDJPY but the moves are quite small. I would like to trade GBPJPY but the volatility is a bit large ie I'm currently trying to trade with 20 pip minimum stops.


Quoting deadlyc
Hey Stratman,

It seems that you trade mostly the EURJPY during the Asian session. What about USDJPY? The two pairs seem to move the same direction, but I think USDJPY is less volatile. If it's possible, would you please list the top three or more pairs you trade for the Asian session and the top three or more pairs Europe session too.
  • #583
  • Jan 23, 2010 12:37am Jan 23, 2010 12:37am
I hope to video more trades so people really understand how I'm using the fractals with thv. It's just a bit challenging right now as it's school holidays for the next couple of weeks. I have 3 school age children 11, 14, 16 around home all day ... my office is at home

Quoting Nobitacu
Hello Stratman,

I finally got your dashboard fitted onto my chart. I simply used "THV3 Trix for MTFHisto" indicator and I was able to get everything to fit since I can get rid of that gray area on the right. Now I'm going to start test trading and then if goes well, might simply start using less and less indicators on my chart. I will just need to get a hang of using the dashboard effectively. I also put higher time frame charts on the bottom so I can start drawing trend/support/resistance lines.

Now, looks to me you're mainly trading off your...
  • #584
  • Edited 1:12am Jan 23, 2010 1:02am | Edited 1:12am
We're now at the end of week one of my trading challenge. For the new guys, I opened a $100 USD live account specifically for this thread. The $100 amount was chosen because it's what anyone should be able to afford instead of using a demo account.

The rules of the challenge are to increase the account a minimum of 10% per month and never have the account drop by 20% over the month ie with a $100 account, we need to increase it to $110 but not go below $80.

I didn't realise how hard it was going to be adapting to smaller money management values ... I'm used to accounts of $1,000, $10,000 or more. It cost me 4% of the account trying to get use to it .

As you know, I'm a very honest person, so would never hide this kind of info from you ... it's just the reality of trading ... some days you win, some days you lose ... but overall, you need to consistently (and slowly) build your account

You'll note that I spent the rest of the week clawing back that 4% ... Please don't let this result put you off what I'm teaching ... you'll see it works ... if we disregard the first two days, you'll note an increasing rate of 3-4% per week (12-16% per month) ie more than we need for this challenge. Stay tuned for next weeks result and you'll see what I mean

Attached Image (click to enlarge)
Click to Enlarge Name: equity-week-201001-03.png Size: 18 KB
  • #585
  • Jan 23, 2010 1:17am Jan 23, 2010 1:17am
Quoting stratman
We're now at the end of week one of my trading challenge. For the new guys, I opened a $100 USD live account specifically for this thread. The $100 amount was chosen because it's what anyone should be able to afford instead of using a demo account.

The rules of the challenge are to increase the account a minimum of 10% per month and never have the account drop by 20% over the month ie with a $100 account, we need to increase it to $110 but not go below $80.
Hi Stratman,
We appreciate your videos on live trades, which are winning trades. It would be beneficial for the newbies if you can share the Trades where you have lost, inorder we can also learn what we should avoid while trading.

I am sure you will definitely do more than 10% per month, but the challenge is if we can do even half of what you are doing after following your trading pattern.

Cheers
  • #586
  • Jan 23, 2010 1:48am Jan 23, 2010 1:48am
I do try to post as many trades as possible. Sorry I haven't caught as many as you'd like. Please understand that it's a lot of effort marking up charts and posting them with an explanation.

You'll also notice that most of my videos are trades from the Asian session. This is because I'm in my office (day time) and I don't have background noise. The start of Europe and London are during my evening where I'm usually in the living room with my family ie there's to much background noise to record video with audio.

Note that I also have a very high win rate during the Asian session so the likely reason that there's been no losing trade videos. I think the worst I managed was a video of a break-even trade?

During Europe and London (as already mentioned) marking up charts and posting the images with explanations is the most practical option. These can be time consuming though, so it's unlikely I'll post every trade.

This said, I will put more effort into showing some losing trades.

Quoting novice198
Hi Stratman,
We appreciate your videos on live trades, which are winning trades. It would be beneficial for the newbies if you can share the Trades where you have lost, inorder we can also learn what we should avoid while trading.

I am sure you will definitely do more than 10% per month, but the challenge is if we can do even half of what you are doing after following your trading pattern.

Cheers
  • #587
  • Jan 23, 2010 2:14am Jan 23, 2010 2:14am
Quoting stratman
I do try to post as many trades as possible. Sorry I haven't caught as many as you'd like. Please understand that it's a lot of effort marking up charts and posting them with an explanation.

You'll also notice that most of my videos are trades from the Asian session. This is because I'm in my office (day time) and I don't have background noise. The start of Europe and London are during my evening where I'm usually in the living room with my family ie there's to much background noise to record video with audio.
Pls be assured that I am not complaining, but merely looking forward to watching some loosing trade videos inorder to learn from same. I fully appreciate the time and effort put in by you to educate the newbies.

Cheers.
  • #588
  • Edited 4:50am Jan 23, 2010 2:40am | Edited 4:50am
Hello Stratman,

i have just watched your video no.8 (fib levels) and would like to ask if the fib lines you drawned is this available in the dashboard or could i download this somewhere perhaps ?

greetings,

muppet

Edit; i have found the indicator in the metatraderplatform.
  • #589
  • Jan 23, 2010 6:58am Jan 23, 2010 6:58am
Very good Stratman, love your dashboard as well as everything you are saying. I work with a small group of 24 traders who cover all skill levels. Some are pros who make very nice annual profit and not surprised to see that your development parallels ours. Your explanations are also easy for most people to understand. Keep up the good work. Your sight is at the top of my favorites now, with THV next.
Thank you for your work.
Kevin
  • #590
  • Jan 23, 2010 7:15am Jan 23, 2010 7:15am
Stratman,

Just a question about the Fibs.

In your movie of Fibonacci at 8.25 min you see the 100 line not at the lowest point of the chart? why is that.
  • #591
  • Jan 23, 2010 8:49am Jan 23, 2010 8:49am
Stratman,

A question about fractals break outs. Do you play all fractals break outs or just from 1 hour and above. Do you trade 5, 15, 30 minutes fractals break outs?

Thanks
  • #592
  • Jan 23, 2010 6:45pm Jan 23, 2010 6:45pm
I am a full day scalper (my true profession is aerospace engineer, but actually I dedicate all the day for tarding and studing trading), I trade from 5:30 GMT to 17:30 GMT every day. Actually I trade with THV guidelines .


During the last week I've used the Dashbord 3.01 to improve my trading and also the Pipware Compass in particular on M5. Combining this stuff and my actual skills I have experimented a rate of success around 9:2 (9 wins vs 2 loses ratio) for this week. Unfortunatly I didn't post any trade, but for the next week I'll try to make the effort to post some of them.

What I like in particular of the dashboard are the signals of the fractals breakouts, the THV lamps, the various sessions ranges drawn on the chart and the H1/H4 min/max levels drawn. I believe this is a very good help for scalping.

In my opinion this thread is really a good thread, Stratman really puts a lot of efforts to it, posting videos and a lot of things (I do not know other thread authors here in FF that did the same), giving support and what else, I really don't know how he finds the time for all this in his day routine!

So I like the dashboard and I'll try to post some of my live trades with THV/dashboard 3.01 for the incoming week, and wish everybody reading this post a very successfull trading 2010 year!
  • #593
  • Jan 23, 2010 6:52pm Jan 23, 2010 6:52pm
While we're talking about this. Anyone of you has my permission to post trades here ... good or bad. I will comment on the trades ... particularly if it's a losing trade and you want to know how you could have avoided it being a loser.

Quoting Sailorx
I am a full day scalper, I trade from 5:30 GMT to 17:30 GMT every day. Actually I trade with THV guidelines .


During the last week I've used the Dashbord 3.01 to improve my trading and also the Pipware Compass in particular on M5. Combining this stuff and my actual skills I have experimented a rate of success around 9:2 (9 wins vs 2 loses ratio) for this week. Unfortunatly I didn't post any trade, but for the next week I'll try to make the effort to post some of them.

What I like in particular of the dashboard are the signals of the fractals...
  • #594
  • Jan 23, 2010 7:01pm Jan 23, 2010 7:01pm
Quoting stratman
While we're talking about this. Anyone of you has my permission to post trades here ... good or bad. I will comment on the trades ... particularly if it's a losing trade and you want to know how you could have avoided it being a loser.


Very well, it would be interesting to hear your opinion on some bad trades
  • #595
  • Jan 23, 2010 7:52pm Jan 23, 2010 7:52pm
Hey Stratman, I just sent you a comment on your pipware.com site. I'm having problems running the THV4 installer, I keep getting an error message saying that the program has ran into a problem. I was wondering if anyone else had that problem and what did they do to resolve it.
  • #596
  • Jan 23, 2010 9:36pm Jan 23, 2010 9:36pm
I'm not sure what might be the problem. Can only suggest you ask on the thv thread.
  • #597
  • Jan 23, 2010 9:52pm Jan 23, 2010 9:52pm
There have been some requests about whether the dashboard can be used for Craig Harris Natural Flow of the market. The answer is yes.

I recommend people watch Craigs free videos here. I watched them and checked thv indicators etc against what he does. Craig uses 2 moving averages which are very close to the thv coral. In fact the white one (on his chart) is almost exactly the same!

As you know, I use the H1 timeframe a lot before going to M15. I've experimented with 60 period ma on H1 and it's pretty good. The blue ma on Craigs M15 chart is likely that ma

I watched the free videos (Craigs) some time last year and I can't help adding some of what I learnt here in the thread. His ideas are really good but he charges so much for his services.

Anyway, the dashboard can be used for the natural flow system and is a heck of a lot cheaper. (Craig charges $5000 USD for one year membership).

I did a video today to show people (here)
  • #598
  • Jan 23, 2010 10:03pm Jan 23, 2010 10:03pm
I prefer multiple alerts happening within a few seconds ie after price has consilidated a while the fractals form a narrow channel and the multi timeframe SR end up on top of each other.

I don't normally have M1 enabled unless scalping M1

Quoting Forexaccount
Stratman,

A question about fractals break outs. Do you play all fractals break outs or just from 1 hour and above. Do you trade 5, 15, 30 minutes fractals break outs?

Thanks
  • #599
  • Jan 23, 2010 10:06pm Jan 23, 2010 10:06pm
Fibs are an indicator that is part of metatrader.

Insert -> Fibonacci -> Retracement

Quoting Muppet
Hello Stratman,

i have just watched your video no.8 (fib levels) and would like to ask if the fib lines you drawned is this available in the dashboard or could i download this somewhere perhaps ?

greetings,

muppet

Edit; i have found the indicator in the metatraderplatform.
  • #600
  • Jan 23, 2010 10:15pm Jan 23, 2010 10:15pm
Quoting Thierry
Stratman,

Just a question about the Fibs.

In your movie of Fibonacci at 8.25 min you see the 100 line not at the lowest point of the chart? why is that.
Hope this picture helps. What you're after are the major swings to connect the ends of the fibs. (EDIT: the most recent complete swing)

Attached Image (click to enlarge)
Click to Enlarge Name: Fib-Swings.png Size: 209 KB
13 traders viewing now