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HA T3-1 System

  • #461
  • Feb 10, 2010 10:40am Feb 10, 2010 10:40am
Quoting imvn
Hi Tonyb123,

If the email alert is set as true, where to enter the email adress. Thanks

tools options and then email tab. Few posts back I wrote the details for each parameter. check it out its good info
  • #462
  • Feb 10, 2010 10:41am Feb 10, 2010 10:41am
hi tony, great job!!! i have tried loading the tlp's from post one with two different brokers and can not get AO to appear. any suggestions?
  • #463
  • Feb 10, 2010 10:49am Feb 10, 2010 10:49am
Quoting eforex3
hi tony, great job!!! i have tried loading the tlp's from post one with two different brokers and can not get AO to appear. any suggestions?
You must use an MT4 platform and Awesome Oscillator should be a standard indicator included. It's located in the Bill Williams group of indicators.
  • #464
  • Feb 10, 2010 11:05am Feb 10, 2010 11:05am
thanks thunderwolf for some reason i had to download indi from a different site. ok now
  • #465
  • Feb 10, 2010 11:07am Feb 10, 2010 11:07am
just for your info...if you not able to get your email alert to work for the 4hour chart...it may be your broker. I use FXCM and they just confirmed they are not set up for that...and are trying to make it work for my account through Boston Technologies MT4 Platform
  • #466
  • Feb 10, 2010 11:12am Feb 10, 2010 11:12am
Hi Tony,

I reposted #458 because the post#450 is the new start. Please let me know where to enter the email address if the alert is set email as true. Thanks.
  • #467
  • Feb 10, 2010 11:14am Feb 10, 2010 11:14am
Hello Tony,

Only one thing I'd like to say is that I appreciate what you are doing for everyone here.

I just finished watching your video and I have one question about trade entry.

Assume that we identified the main trend on H4, let's say it's a downtrend, then on M30 we got a Sell signal. According to the video ( from 4:00 to 4:30), we should take a look at L_WNX ( I ignore add on signal of AO for simplicity at first ) If its color is the same with the signal( red in this example) then we will jump in and took the trade right away and vice versa?

My question is : Do we just pay attention to the COLOR of L_WNX AT THE MOMENT the signal occur because maybe it will change few minutes or even seconds later?

As you said , what we see in the video was in the past and we don't know what will happen next.I think it's a very common difficulty for almost traders because we can't see the whole picture at the moment the signal occurs.It's the main different between backtesting and forward testing because we have to decide very quickly and eager to take the trade so it easily leads to violation the rules.

P.S : I just missed 80 pips on GBPCAD due to violating the stop loss rule. But I'm still happy because it happened before I watch the video. If I follow the rule it should be a winning trade instead.

Thank you
Regards
  • #468
  • Feb 10, 2010 11:15am Feb 10, 2010 11:15am
Quoting james275
thanks tony for your hard work...and sharing it. As you are discussing entries i've a question.

1. Once you determne what side of the market you trade on with the 4 hr you can enter. Whether at the 4 hr signal, or drop down to the 30 minute and wait for the signals to align. Does the arrow print when this happens? Do you wait for the close of that bar to enter or do you wait till price takes out the hi or low? This is done on all add on signals in the same direction until the 4 hr trend is exausted?

Thanks again t.

Jim
hi james, nice to see you here. You are breaking my rules...lol. I will answer anyway, you decide to take the trade; drop to the 30 min chart. If there was a signal on the 30 min chart just recently and the w-lnx bar is still the right color you can enter immediately. Just use a stop loss appropriate for the previous 30 min signal. If you are taking the 30 min signal you will get an alert and it will tell you the price to enter. Yes this system is used to capture the trend on the 4 hour chart with add on signals until exhausted. But let's not get everyone ahead of themselves. I do not wait for close of the bar to enter. Answered your questions.tony
MY GRID. Markets are NOT random.
  • #469
  • Feb 10, 2010 11:23am Feb 10, 2010 11:23am
Quoting keith
hello tony,

only one thing i'd like to say is that i appreciate what you are doing for everyone here.

I just finished watching your video and i have one question about trade entry.

Assume that we identified the main trend on h4, let's say it's a downtrend, then on m30 we got a sell signal. According to the video ( from 4:00 to 4:30), we should take a look at l_wnx ( i ignore add on signal of ao for simplicity at first ) if its color is the same with the signal( red in this example) then we will jump in and took the trade right away and vice versa?

My...
keith that is a very good question. When we are looking at the 30 minute chart the w-lnx may be flickering red and blue when we got the 4 hour alert. It may dissuade us from taking the trade. That is why i wait for the alert on the 4 hour. At that point we should have enough momentum on our side to safely take the trade. Proper evaluation of the 4 hour trend will help to get the highest probability on our side. I hope i answered your question and thanks for posting it. Tony
MY GRID. Markets are NOT random.
  • #470
  • Feb 10, 2010 11:27am Feb 10, 2010 11:27am
Quoting ed777
just for your info...if you not able to get your email alert to work for the 4hour chart...it may be your broker. I use fxcm and they just confirmed they are not set up for that...and are trying to make it work for my account through boston technologies mt4 platform
hi ed, that is not good for this system unless you are going to live in front of your computer. Btw thanks for the encouragement(pm). God bless you too, tony
MY GRID. Markets are NOT random.
  • #471
  • Feb 10, 2010 11:33am Feb 10, 2010 11:33am
Quoting thunderwolf
hello tony,

if patience is a virtue, then you must be one of the most virtuous persons on this forum. You have an exceptionally well thought out system here!

From now on ,do you only want to see 4hr. Trend and 30 mn. Entry trades here or can we post trades with different combinations of time frames following your system? Thanks....t-wolf
hi thunderwolf, i would rather see just 4 hour trend and 30 min trade posted so we don't confuse someone unnecessarily. Just for a little while so people can get their footing. Thanks for the compliment btw, i had to look things over a bit and get my marbles in order before this thing went under..lol. I glad your here and jumping right into it, tony
MY GRID. Markets are NOT random.
  • #472
  • Feb 10, 2010 11:33am Feb 10, 2010 11:33am
Tony....THANK YOU !!
Thanks for taking time away from your personal trading (and life) to share all this with us.
My only point of confusion is the need for a live feed AND a demo feed (?)
Couldn't you just have a profile set up with all 4H charts to show trends and send e-mails and then another profile with 30M charts to take entries from ? All using live data and 1 MT4 program ?
Thanks
krly
2Tim-2:2
  • #473
  • Feb 10, 2010 11:48am Feb 10, 2010 11:48am
Quoting krly
tony....thank you !!
Thanks for taking time away from your personal trading (and life) to share all this with us.
My only point of confusion is the need for a live feed and a demo feed (?)
couldn't you just have a profile set up with all 4h charts to show trends and send e-mails and then another profile with 30m charts to take entries from ? All using live data and 1 mt4 program ?
Thanks
krly
2tim-2:2
hi krly, we ar using 2 live instances of your platform. 1 is 4hour chart and other is 30 min chart. Until there is an hat3-1 indicator with a period function built into it we are stuck with this option. It is good to see you here thanks for the question, god bless you, tony
MY GRID. Markets are NOT random.
  • #474
  • Feb 10, 2010 11:57am Feb 10, 2010 11:57am
Ok guys i am tired now so watch the video and look for the set ups on the 4 hour chart. Talk to you guys later, god bless all, tony
MY GRID. Markets are NOT random.
  • #475
  • Feb 10, 2010 11:57am Feb 10, 2010 11:57am
Thanks for your answer Tony

It's the same with what I thought. The most important thing is money management I think.We have to accept and control the loss because it's a part of trading. In my opinion,with wise money management every system is profitable.

Well have to go to bed now. It's 3am here now

Regards,
  • #476
  • Feb 10, 2010 12:21pm Feb 10, 2010 12:21pm
Hello fellow thread watchers..

Last night I made a video with Tonyb123 permission for the use of this system. This video is a class which shows you how to run two Live or Demo accounts with the same account numbers at the same time. You can do this on your desktop. I compiled the video and will upload it when I get home...I have another trading room that I am loyal to and they come first, LOL...I will get home and post the link for all to see..It is very easy to accomplish. So, you can have two MT4's going at the same time with this method I will show you..

Jimbnc
  • #477
  • Feb 10, 2010 12:25pm Feb 10, 2010 12:25pm
Quoting hwang ti puh
ryan56, could you post your trading screenshot?It will be exciting to know FF members are collecting pips by using tony's system.
I am currently trade at USDCHF, the H4 chart consists of Heiken Ashi, W-LNX & AO, but it do not have trendlord, I am using template from 1st post, which template that you are using?Please share.
I can show my screenshots. If you have read my previous thread I stated I was an agressive trader and use only 30 Min chart from Tony template which suits my trading style. Consequently it may not be suitable for everyone. But having siad that I will post my most recent trades.
  • #478
  • Feb 10, 2010 1:14pm Feb 10, 2010 1:14pm
Quoting ryan56
I can show my screenshots. If you have read my previous thread I stated I was an agressive trader and use only 30 Min chart from Tony template which suits my trading style. Consequently it may not be suitable for everyone. But having siad that I will post my most recent trades.
This is todays screenshot of EURUSD where I went short at 1.37306 at 14:30PM GMT (my ODL broker uses GMT on MT4 platform). The vertical red line I drew is the line where I was waiting for the candle to close to take the trade just after it.
I took 3 standard lots with TP1=30pips - TP2 = 50pips - and moved the SL to 1.37305 on my 3rd lot once TP1 and TP2 have been reached. The SL is on the highest high at 1.38115 - While it is not the bets risk reward ratio is because I do not wait for the SL to be hit if the trend went against me. I would have stopped the lots manually and would have taken 6 lots assuming that Tony system showed and uptrend.
I use now Tony system on most pairs on M30 and the only pair I use for H4 is GBPJPY. So be careful I have adapted Tomy system as per my own trading style and am not using H4 and M30 to confirm the entry. Hope this does not influence anyone and evryone should do his own MM.
[IMG]file:///C:/DOCUME%7E1/Admin/LOCALS%7E1/Temp/moz-screenshot-1.png[/IMG](see screenshot attached named EURUSD M30).
Hope this helps
[IMG]file:///C:/DOCUME%7E1/Admin/LOCALS%7E1/Temp/moz-screenshot.png[/IMG]
Attached Image
  • #479
  • Feb 10, 2010 3:47pm Feb 10, 2010 3:47pm
Hello everyone, sorry in advance but English is not my language. They are just indicators of the two graphs? Thanks to all



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  • #480
  • Feb 10, 2010 4:55pm Feb 10, 2010 4:55pm
That's correct. Ha ragione.
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