I installed the file in the indicator folder and I still cannot see it in the indicator list. Can you have to many indicators in the mt4 program, that they would not show up?
fishman356
fishman356
- #745
- Feb 3, 2010 7:35am Feb 3, 2010 7:35am
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
- #747
- Feb 3, 2010 1:59pm Feb 3, 2010 1:59pm
- | Commercial User | Joined Jul 2009 | 1,436 Posts
Ouch 
... that's a lot of pips to claw back. It's really important to know when to get out. As I get more experienced my losing trades are smaller and smaller.
Because the typical swings on M15 are 30-60 pips, my initial stop could be as high as 35 pips and initial take profit set to 50 pips. They are adjusted very quickly (always smaller) based on how the trade develops. The larger values are just 'safety nets' in case price moves unexpectedly.
These days, I will typically not lose any more than 10 pips per trade .... it's just too hard to claw back larger losses. I've had three losing trades this week. I managed to video two of them ... see a previous post.
I'm positive for the week only because my losing trades were kept small. The losses were 8 pips, 10 pips and 8 pips. Just one of my winning trades covered this loss of 26 pips easily. Unfortunately my winning trades were during London when I'm not able to video (in family room).
Another important point is only to trade the very best setups. Sometimes that might mean only one trade in a day (sometimes none). It's often said that 'no trading' is trading
This is the kind of week that inexperienced traders blow their accounts. My first experience in forex was trading a week like this and blew my account on NFP (non farm payroll). At the time (5 yrs ago) I had no idea what NFP was.
Be carefully guys ... keep your losses small
... that's a lot of pips to claw back. It's really important to know when to get out. As I get more experienced my losing trades are smaller and smaller. Because the typical swings on M15 are 30-60 pips, my initial stop could be as high as 35 pips and initial take profit set to 50 pips. They are adjusted very quickly (always smaller) based on how the trade develops. The larger values are just 'safety nets' in case price moves unexpectedly.
These days, I will typically not lose any more than 10 pips per trade .... it's just too hard to claw back larger losses. I've had three losing trades this week. I managed to video two of them ... see a previous post.
I'm positive for the week only because my losing trades were kept small. The losses were 8 pips, 10 pips and 8 pips. Just one of my winning trades covered this loss of 26 pips easily. Unfortunately my winning trades were during London when I'm not able to video (in family room).
Another important point is only to trade the very best setups. Sometimes that might mean only one trade in a day (sometimes none). It's often said that 'no trading' is trading
This is the kind of week that inexperienced traders blow their accounts. My first experience in forex was trading a week like this and blew my account on NFP (non farm payroll). At the time (5 yrs ago) I had no idea what NFP was.
Be carefully guys ... keep your losses small
Totally agree with your video. My Reward /Risk has been 1 is to 3 and as such for every loss I have to work a little harder to effect the recovery. I had a bad day yesterday, gained 14 pips and lost 67 pips on two trades. Both got stopped out during the news release. Should have closed my Trade before the News....
- #749
- Feb 3, 2010 3:23pm Feb 3, 2010 3:23pm
- | Commercial User | Joined Jul 2009 | 1,436 Posts
Congratulations on winning trades during this difficult week
Had 5 trades using signals generated by the DB, 4 wins , 1 loss, for a net 16 pips. Didn't take any trades going long on E/U. My loss on a short turned , out with a 14 pip loss, I did the cardinal sin of moving my SL
- #751
- Feb 3, 2010 10:24pm Feb 3, 2010 10:24pm
- Joined Jan 2006 | Status: Monarch o' the Glen | 5,561 Posts
Hey Stratman, Re-Mini Charts...
Can I request a "User Input" for the MA Style? {EMA, SMA, WMA...}
Can I request a "User Input" for the MA Style? {EMA, SMA, WMA...}
- #752
- Feb 3, 2010 11:54pm Feb 3, 2010 11:54pm
- | Commercial User | Joined Jul 2009 | 1,436 Posts
yes type of ema will be selectable. Just have a bit of contract work to get out over next week or so before doing any more.
Hey Stratman, Re-Mini Charts...
Can I request a "User Input" for the MA Style? {EMA, SMA, WMA...}
- #753
- Feb 4, 2010 12:05am Feb 4, 2010 12:05am
- | Commercial User | Joined Jul 2009 | 1,436 Posts
Here's my latest video of a trade. Was supposed to be a quick scalp but turned out to be 2 hrs long 
(luckily the video is less than 10 mins
But we got there and made 10 pips off GU using thv M1
See the video here
(luckily the video is less than 10 mins But we got there and made 10 pips off GU using thv M1
See the video here
- #754
- Feb 4, 2010 3:14am Feb 4, 2010 3:14am
- | Commercial User | Joined Jul 2009 | 1,436 Posts
As well as the 10 pip scalp (2 hrs 
) video I posted today, I got these two trades in. Since there is GU news right now, thought I'd spend time to document these over the next two posts.
Here's my account shot to show I took the trades
That's 60 pips using thv! THV rocks
) video I posted today, I got these two trades in. Since there is GU news right now, thought I'd spend time to document these over the next two posts.Here's my account shot to show I took the trades
That's 60 pips using thv! THV rocks
- #756
- Edited Feb 5, 2010 2:53am Feb 4, 2010 3:17am | Edited Feb 5, 2010 2:53am
- | Commercial User | Joined Jul 2009 | 1,436 Posts
- #757
- Feb 4, 2010 8:41am Feb 4, 2010 8:41am
Here's a live trade I've been in for the past 2 days or so, entered based on price pull back to form that LH and the bounce of the 38.2 fibo plus the H4 resistance, but should have really waited until price bounced off the 50% fibo instead, but still good, only suffered 40 pips drawback on this one with my SL being 10 pips above the 50% fibo, so SL wasn't reached thankfully, lol. I have a 50 pips trailing stop on it right now, so just ridding this trade as long as I can. This trade has been protected now with a minimum "loss" of +121 pips in profit, this has been a very fun train ride so far. 
