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Simple Trading Method with trader101

  • #2,821
  • Jan 20, 2010 9:13am Jan 20, 2010 9:13am
how do gather these data, in this format? do you export the data from MT4 directly to an excell file or what? and if is an export to excell file, how doyou make this export?
Because i saw that every colomn means an hour and i don't think that you stay awake in the middle of the night to write an excell file by hand do you?

thx
  • #2,822
  • Jan 20, 2010 11:35am Jan 20, 2010 11:35am
Quoting tallman
My IA this week, anchor was displaced 12 hours ago. Too bad I was not in front of my computer. (That's one of the limitation I pointed out)

Attachment

Attachment

Attachment

+500 over pips if opened on the same hour. Sell on bottom, first one reach top anchor. All 14 pairs short.
Hello tallman

I has wondering what stop loss you where using is it the standard 700pips? Also where how can I get hold of that excel?
  • #2,823
  • Jan 20, 2010 8:57pm Jan 20, 2010 8:57pm
I have a program to record the Weekly IA of the 5th minutes of the hour into CSV. Use MS Excel to import CSV. You can't get the spreadsheet in the web, I customise it myself and it is pretty simple CSV importing that you can find tutorial in the web.

As for MT4 program to record weekly IA, it is also a simple program to time and record trading orders using file command in MT4 programming. There are also pretty much tutorials on web.

Everything I did is nothing so special about it.

As for sharing, I mentioned earlier, no freebies. In this line of business, you have to learn to earn. If it is so simple to plug an EA into the chart and starts earning, there will be no loser in forex. I don't mind posting my IA for explanation and learning purposes.
  • #2,824
  • Jan 20, 2010 10:32pm Jan 20, 2010 10:32pm
Quoting tallman
I have a program to record the Weekly IA of the 5th minutes of the hour into CSV. Use MS Excel to import CSV. You can't get the spreadsheet in the web, I customise it myself and it is pretty simple CSV importing that you can find tutorial in the web.

As for MT4 program to record weekly IA, it is also a simple program to time and record trading orders using file command in MT4 programming. There are also pretty much tutorials on web.

Everything I did is nothing so special about it.

As for sharing, I mentioned earlier, no freebies. In this...
Thanks Tallman. Your spreadsheet has inspired me to write my own. However, I have a timer code in vba which updtaes the spreadsheet with data collected from MT through DDE. Can you please explain the chart that you have at the bottom which includes, "max", percentages related to attracting or repelling pairs etc?
  • #2,825
  • Jan 21, 2010 12:06am Jan 21, 2010 12:06am
Quoting pillager
Thanks Tallman. Your spreadsheet has inspired me to write my own. However, I have a timer code in vba which updtaes the spreadsheet with data collected from MT through DDE. Can you please explain the chart that you have at the bottom which includes, "max", percentages related to attracting or repelling pairs etc?
Those percentage is only see check what is the accumulative gain if I opened 14 shorts. There is nothing special about them, there is no need to see what are these % stands for. What important is the position of each pairs. I am still looking at what to do with the pairs. Julius didn't write anything about universal tandems. So I thought I need to study from scratch.

I collected through CSV and not DDE. The MS Excel read external data with auto-counter. I am planning to work a MT4 program to read CSV and directly open trades like EA. I know Julius don't like his idea to put into EA, but I did it for forward testing purposes. No EA can replace manual open pairs.

As for limitation, I have written down the limitations of T101 system. It is not weakness but limitation that challenges us. You can find my post few pages back.

Honestly, a lot of readers only want to see result but not going to work harder to look into the system. That's the reason why I posted my IA screenshot to explain how does T101 work. IA, however, don't always move to the opposite side. It is depending on the strength of the movement each period. I am planning to post it somewhere more organise later.
  • #2,826
  • Jan 21, 2010 12:56pm Jan 21, 2010 12:56pm
Quoting tallman
Those percentage is only see check what is the accumulative gain if I opened 14 shorts. There is nothing special about them, there is no need to see what are these % stands for. What important is the position of each pairs. I am still looking at what to do with the pairs. Julius didn't write anything about universal tandems. So I thought I need to study from scratch.

I collected through CSV and not DDE. The MS Excel read external data with auto-counter. I am planning to work a MT4 program to read CSV and directly open trades like EA. I know...

tallman

Your file is very clever well done, it is very good to have such an involved member on this thread. I take issue with one comment however, you see statistics is very important, maybe I illustrate, the Head and Shoulders pattern is well known, it has a lot of logic like price making high then next Is to low then trader lose of confidence makes price go down. So you see, we can "look into the system" as you say. But then research is done (see Bernd Lucke, University of Hamburg) that show that it does not work. So did being an expert in the therory make me a real expert? So yes data for a system that has been around for so long with so many people trying it is important.

respect
  • #2,827
  • Jan 22, 2010 11:26am Jan 22, 2010 11:26am
Hi guys,
I'm working on a new T101 Basket Indicator for mt4 based on Tallman's excel which I'd like to thanks so much for the idea !
If you are interested I will share it here as soon as I finish to test it (I thought next week).
Hope you'll like it

Cheers,
Skyline

http://img251.imageshack.us/img251/2...tindicator.jpg
  • #2,828
  • Edited 11:32pm Jan 22, 2010 11:29pm | Edited 11:32pm
Quoting skyline
Hi guys,
I'm working on a new T101 Basket Indicator for mt4 based on Tallman's excel which I'd like to thanks so much for the idea !
If you are interested I will share it here as soon as I finish to test it (I thought next week).
Hope you'll like it

Cheers,
Skyline

Yes, my IA is based on Orest Indicator 1week. The difference is I am arranging my pairs using MS Excel. If we can do it on MT4, it would be good too.

Let me post the remaining 20/21 Jan pairs. From the full 1 week IA, you will able to see how T101 works. The buy basket gradually shifted from top to bottom. This might not happen every week and this week I was lucky to see the complete 'shift'. The limitation I brought up earlier, I am still having them - namely, large drawdown, not exit condition (unless full shift) and wide spreads for exotic pairs.

You will see exchange of anchor on 21 Jan 2010 19.05 (it is my broker's time, don't bother to match with yours). If you open a full 1 week IA, you will able to see them.

Attached Image (click to enlarge)
Click to Enlarge Name: 20100120.GIF Size: 103 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 20100121.GIF Size: 81 KB
  • #2,829
  • Jan 23, 2010 12:49am Jan 23, 2010 12:49am
Quoting skyline
Hi guys,
I'm working on a new T101 Basket Indicator for mt4 based on Tallman's excel which I'd like to thanks so much for the idea !
If you are interested I will share it here as soon as I finish to test it (I thought next week).
Hope you'll like it

Cheers,
Skyline
Thanks skyline, love to see the indicator.
  • #2,830
  • Jan 23, 2010 3:39am Jan 23, 2010 3:39am
Hi everyone,

After a while i'm didn't post any in this thread, here are the performance chart for this week trading. For those new comers were still curious about the system please do read back the very basic infomation at the beginning of the thread.

Tallman, you done the right thing, keep it on.

Please put all the credit to Julius, if you got the system work.

Best regards,
Ivan Yong

FXPro Demo Account
Attached Image (click to enlarge)
Click to Enlarge Name: DetailedStatement.gif Size: 5 KB
  • #2,831
  • Jan 23, 2010 8:43am Jan 23, 2010 8:43am
Quoting tallman
Yes, my IA is based on Orest Indicator 1week. The difference is I am arranging my pairs using MS Excel. If we can do it on MT4, it would be good too.

Let me post the remaining 20/21 Jan pairs. From the full 1 week IA, you will able to see how T101 works. The buy basket gradually shifted from top to bottom. This might not happen every week and this week I was lucky to see the complete 'shift'. The limitation I brought up earlier, I am still having them - namely, large drawdown, not exit condition (unless full shift) and wide spreads for exotic...
Hi Tallman,
I'm using too Orest indicator and will use it in conjuction wiht new basket indicator for better entry (I hope).
I'm wondering what's your broker time so that we can compare (and test) the two indicators ? Actually I'm testing on Alpari UK that's GMT+1.
Yes this week was an initial long basket turned short on 20 jan , btw from my calc it could have earned something around 2000 pips if shorted at right time.
About drawdown I guess there is no finally solution , this is why Julius is used to have the profit lock EA in place, so that he can lock some pips before basket move against, actually I cannot think any other good exit method different than profit lock EA.

Cheers,
Skyline
  • #2,832
  • Jan 23, 2010 11:00am Jan 23, 2010 11:00am
Quoting ivanyong
Hi everyone,

After a while i'm didn't post any in this thread, here are the performance chart for this week trading. For those new comers were still curious about the system please do read back the very basic infomation at the beginning of the thread.

Tallman, you done the right thing, keep it on.

Please put all the credit to Julius, if you got the system work.

Best regards,
Ivan Yong

FXPro Demo Account
Hi Ivan,

Nice job !!

You can put here the detail of statement?
Thx
Regards
Ludo.
  • #2,833
  • Jan 24, 2010 1:42pm Jan 24, 2010 1:42pm
hey Tallman,
I saw your charts, what is your conclusion? for my own understanding, I just feel keep the short position on and on so far, am I right?
  • #2,834
  • Jan 24, 2010 5:53pm Jan 24, 2010 5:53pm
Quoting skyline
Hi Tallman,
I'm using too Orest indicator and will use it in conjuction wiht new basket indicator for better entry (I hope).
I'm wondering what's your broker time so that we can compare (and test) the two indicators ? Actually I'm testing on Alpari UK that's GMT+1.
Yes this week was an initial long basket turned short on 20 jan , btw from my calc it could have earned something around 2000 pips if shorted at right time.
About drawdown I guess there is no finally solution , this is why Julius is used to have the profit lock EA in place, so that he...

I think the broker for IA is GMT+2. Oh yes, if you short at the right time you will get at least 1000-2000 pips for last week. The problem is one of the limitations: I can't be in front of my computer every hours.

When the condition for ALL SHORT appears, we have to short and set a cut loss limit. For me, I will exit when 5-6 pairs arrive at destination. So, now my current target is to look for exit rule and drawdown limit.
  • #2,835
  • Jan 25, 2010 6:50am Jan 25, 2010 6:50am
Quoting tallman
I think the broker for IA is GMT+2. Oh yes, if you short at the right time you will get at least 1000-2000 pips for last week. The problem is one of the limitations: I can't be in front of my computer every hours.

When the condition for ALL SHORT appears, we have to short and set a cut loss limit. For me, I will exit when 5-6 pairs arrive at destination. So, now my current target is to look for exit rule and drawdown limit.
Using 2ProtectAccount EA you don't have to be in front of pc all the time, just open the basket and it will manage your basket closing it if some level (in terms of deposit currency) are reached. You'll find it in first post.

Cheers,
Skyline
  • #2,836
  • Edited 7:05am Jan 25, 2010 7:04am | Edited 7:05am
Quoting surfeur
Hi Ivan,

Nice job !!

You can put here the detail of statement?
Thx
Regards
Ludo.

As you wish....

You also can click this link for live update....http://ivanyongfxprodemo.mt4live.com/
Attached File(s)
File Type: pdf FXPro Demo DetailedStatement.pdf   210 KB | 2,200 downloads
  • #2,837
  • Jan 25, 2010 12:02pm Jan 25, 2010 12:02pm
Living the BTS Dream.

http://my.jetscreenshot.com/demo/20100125-vdov-133kb

Note improvements in using it happen all the time just practise practise practise .

PS join J's trainning group i did

Russ
  • #2,838
  • Jan 25, 2010 12:52pm Jan 25, 2010 12:52pm
Quoting meepatme
Living the BTS Dream.

http://my.jetscreenshot.com/demo/20100125-vdov-133kb

Note improvements in using it happen all the time just practise practise practise .

PS join J's trainning group i did

Russ
Russ... del your IP adress of RDP on the screenshot.. it's not secure...

Nice system

Regards
  • #2,839
  • Jan 26, 2010 7:58am Jan 26, 2010 7:58am
Hi Skyline,
I found the profit protect EA was expired when installed it. Do you have the unexpired version that can shared?

Sam

Quoting skyline
Using 2ProtectAccount EA you don't have to be in front of pc all the time, just open the basket and it will manage your basket closing it if some level (in terms of deposit currency) are reached. You'll find it in first post.

Cheers,
Skyline
  • #2,840
  • Jan 26, 2010 2:45pm Jan 26, 2010 2:45pm
Quoting oplin
Hi Skyline,
I found the profit protect EA was expired when installed it. Do you have the unexpired version that can shared?

Sam
oh I didn't know that , actually I'm not using that EA , I'm sorry
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