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Very Profitable System - Roi system

  • #281
  • Feb 2, 2010 2:40am Feb 2, 2010 2:40am
Fx358 that is what I started looking into.At 9 pm pacific time I look at the M15 chart to see where the price is in relative to the H1&H4 sup./res levels, then just put on the pending orders with the Quik Trailing EA to manage them.Then again at 12 am PST for london and 4/5 am PST for U.S session.GOD BLESS.......SJ
  • #282
  • Feb 2, 2010 4:55am Feb 2, 2010 4:55am
anybody got any trades this two days? the only trade i got is Long EURGBP at 0.8753 just 15 mins ago..
  • #283
  • Feb 2, 2010 6:36am Feb 2, 2010 6:36am
Hi,
does anyone know where I could get a EA for having the Level 2 datas in the chart on the MT4 platform?
On Ninja Trader and others its a normal feature.......

I think this could be very helpful for trading to see where the big orders/offers are

thanks in advance
fx358
  • #284
  • Feb 3, 2010 11:25pm Feb 3, 2010 11:25pm
Hi all,

thanks for the ROI alert, so that i dun have to stick to the monitor every now and then.. i just have to wait for the alert.

But can i have one more request? is it possible to add in one more criteria to the ROI alert?

The additional conditions would be ADX(14) more than 22.

That means it would only alert when ROI Alert condition is meet and ADX(14) more than 22 is meet? Can it be done? really appreciate it..
  • #285
  • Feb 4, 2010 1:20am Feb 4, 2010 1:20am
Thank u for the roi indicator.. it works perfect... I was wondering if there could be an alert made so that we knw when a new sr line is formed.. would any other traders like a sound alert made?
  • #286
  • Feb 4, 2010 4:54am Feb 4, 2010 4:54am
KPF
The ADX should be above 20 (or 22 - doesn't seem to make any difference) and RISING!! This indicates increasing strength in the trend - if it is falling, then the trend is running out of steam.
K
  • #287
  • Feb 4, 2010 5:10am Feb 4, 2010 5:10am
ya ya.,.. this is what i indicate...

Quoting scartree
KPF
The ADX should be above 20 (or 22 - doesn't seem to make any difference) and RISING!! This indicates increasing strength in the trend - if it is falling, then the trend is running out of steam.
K
  • #288
  • Feb 4, 2010 5:42am Feb 4, 2010 5:42am
i do a long for EURCHF just now cos it went above the resistance... and it went the wrong way... anybody experience the same thing?
  • #289
  • Feb 4, 2010 6:22pm Feb 4, 2010 6:22pm
This system is not a holy grail!! Its good but not perfect! Wouldn't it be great if the market did as it was told!!
  • #290
  • Feb 5, 2010 2:25am Feb 5, 2010 2:25am
Quoting KPForex
i do a long for EURCHF just now cos it went above the resistance... and it went the wrong way... anybody experience the same thing?
Hi KP,
as scartree told this is not the holy grail but very good system. Please note: A resistance or support line is only a line who shows you art important area not a fixed point!!
this is very important to understand. In choppy markets it's always the same the course is going to the support/resistance line, goes a little bit further and then comes back and the trader is the looser....
To find the best solution for you trading style can only be done by you. But for your pacification, this problem is same for all traders around the world
best regards
fx358
  • #291
  • Feb 5, 2010 4:56pm Feb 5, 2010 4:56pm
hi all!

the EA for this system is here, thanks to xux99, Roi and all the development team that contributed to this EA.

I found it on another thread in FF here programming discussion and I think I should link it here. http://www.forexfactory.com/showthread.php?t=219470

lets test it and report back if its doing the same thing we have been doing manually or NOT. if yes then take the pip rides and if NO then put your comments and observations forward

pls, I can not answer any questions on it, direct your questions to the thread you downloaded the EA from, I am sure they will be willing to clarify any cloudy part of the EA

this is the EA link

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #292
  • Feb 6, 2010 1:53am Feb 6, 2010 1:53am
Hi Kos
I have posted to the other site after doing some testing. The S/R does not refresh and I wondered if this would affect the performance of the EA.

Thank you for your efforts and those of your colleagues who put the EA together. It will be interesting to get feedback on settings and performance of the EA but it certainly looks interesting.

K
  • #293
  • Feb 6, 2010 6:34am Feb 6, 2010 6:34am
Quoting scartree
Hi Kos
I have posted to the other site after doing some testing. The S/R does not refresh and I wondered if this would affect the performance of the EA.

Thank you for your efforts and those of your colleagues who put the EA together. It will be interesting to get feedback on settings and performance of the EA but it certainly looks interesting.

K
It doesn't take many trades, not sure if standard config is supposed to work or needs tweaking. Is anyone else has had trouble with this sr indicator and found how to fix it?
  • #294
  • Feb 7, 2010 7:12pm Feb 7, 2010 7:12pm
How have people been trading with this system when the indicator does not refresh?
  • #295
  • Feb 8, 2010 1:33am Feb 8, 2010 1:33am
Use a different S/R indi than #MTF SR. Several alternatives have been posted on this site. Some folk have refreshed manually but I think that is too hard!
  • #296
  • Mar 1, 2010 9:38am Mar 1, 2010 9:38am
this system stop working??? nobody actively talking abt it now..
  • #297
  • Mar 2, 2010 11:35am Mar 2, 2010 11:35am
Quoting KPForex
this system stop working??? nobody actively talking abt it now..
they all turned millionaires and they left

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #298
  • Mar 2, 2010 6:23pm Mar 2, 2010 6:23pm
Quoting Kosomolate
they all turned millionaires and they left

kos

More likely they blew their accounts up and are searching for the next great profitable idea.
  • #299
  • Mar 5, 2010 7:53am Mar 5, 2010 7:53am
anyhow
John 3:16 - From THIS love no power on earth can me sever.
  • #300
  • May 8, 2010 3:12am May 8, 2010 3:12am
Could you recommend about TP and SL ?

Do you think TP=30 & SL=30 ??
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