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Indicators development for T101's not very simple method

  • #1,481
  • Apr 7, 2010 10:38am Apr 7, 2010 10:38am
Quoting Spark300
Man take a pill, you do think WAY to much and thats your problem. Have you ever thought that youre spending sooooo much time on this that this maybe is not it!! I mean you havn't seen any money from this, and frankly the system is the creation of a used car sales man from what I gather!! Just some thoughts .

mmmm, I don't think being a "used car sales man" has to be related with the system or any system at all. You can be a doctor, lawyer or engineer and trade as an stupid monkey. Just some thoughts!!!!!
  • #1,482
  • Apr 7, 2010 10:41am Apr 7, 2010 10:41am
Quoting banana9009
i update my example how to trade 4 jumping pairs and basket 14 pairs


http://i285.photobucket.com/albums/l...umpingpair.jpg
Banana,

Do you know which time frame Samir Indicator represents, weekly, daily,etc?

Thanks
  • #1,483
  • Apr 7, 2010 10:54am Apr 7, 2010 10:54am
Quote
mmmm, I don't think being a "used car sales man" has to be related with the system or any system at all. You can be a doctor, lawyer or engineer and trade as an stupid monkey. Just some thoughts!!!!!

you dont think "used car sales man" related with BTS because you dont read the original thread from T101.

"used car sales man" mean : in stead of buy 1 old car to repair and sale , you can buy a dozen of used cars , which cheaper price, and when you repaired dozen of these cars , you can have more profit
  • #1,484
  • Apr 7, 2010 11:03am Apr 7, 2010 11:03am
Quoting Forexaccount
Banana,

Do you know which time frame Samir Indicator represents, weekly, daily,etc?

Thanks

I guess the samir EA represents the weekly timeframe. That is my guess. Anybody can correct me if am wrong.
  • #1,485
  • Apr 7, 2010 11:03am Apr 7, 2010 11:03am
Spark300,

So you take time out of your day to register and make a first post for this?

Do you honestly think I've spent 2 years on one method and not learned it?

I've spent OVER 2 years to:
Learn Forex and how to code MQL4. (Didn't I say this already?)

I haven't spent that much time with T101 method in that 2 years. But I have written hundreds of EAs on hundreds of systems. T101 is a rare gem in the wasteland of Forex systems that exist. Are there other good ones? Yes. Am I doing them now? No. When you have the best, why mess with the rest?

Don


Quoting Spark300
Man take a pill, you do think WAY to much and thats your problem. Have you ever thought that youre spending sooooo much time on this that this maybe is not it!! I mean you havn't seen any money from this, and frankly the system is the creation of a used car sales man from what I gather!! Just some thoughts .
  • #1,486
  • Apr 7, 2010 11:09am Apr 7, 2010 11:09am
Can somebody please tell me why the positions orest ea open for me tend to close at small profit of between 50 and 100 even when there is no significant retracement. Orest did a great job on the ea but left a lot for us to discover ourselves.

I am using the 4hr setting attached by banana in one of his posts. I dont know if any other person is having same experience or am i doing sth wrong.
  • #1,487
  • Apr 7, 2010 11:51am Apr 7, 2010 11:51am
Quoting banana9009
you dont think "used car sales man" related with BTS because you dont read the original thread from T101.

"used car sales man" mean : in stead of buy 1 old car to repair and sale , you can buy a dozen of used cars , which cheaper price, and when you repaired dozen of these cars , you can have more profit

You may be right but those were not the intentions of the poster and I asked you another question. Which time frame is Samir indicator based on?

Thanks
  • #1,488
  • Apr 7, 2010 12:28pm Apr 7, 2010 12:28pm
Quote
You may be right but those were not the intentions of the poster and I asked you another question. Which time frame is Samir indicator based on?

i dont know
  • #1,489
  • Apr 7, 2010 1:01pm Apr 7, 2010 1:01pm
Hello all traders

First iam happy that the indicator i posted before "Samir virtual trade universal" helped some of u and for those who ask about the what time frame it represent its for the weekly TF and it has the dollar value of the pairs it was so hard to start the trade hedge in the very begining of the week u had to run it in the first minute to have acurate information and adjust the profitcalc. if ind it very helpful.

Second i would like to thank all who share his thoughts with others this thread suppose to be for sharing ideas and helping each others its not for showing how succsesful is the traders and how many pips he can collect without sharing thoughts and its not for fight as well.
most of us know the basics about this system and how the indi works i hope we can concentrate on the entry points its all about timing.
the next post i will share something i found about good entry point the creator of the system has mentioned. and there is also some nice indicators dealing with whole basket. may be u find it helpful sorry about my few posts my work making me rarely avilable but i will be sharing when i find iam uselful.

Finaly i would like to thank Orest for his help and his powerful indicators and this thread i learned alot from him and u all and thanks for bannana and thanks for everyone here
  • #1,490
  • Apr 7, 2010 2:01pm Apr 7, 2010 2:01pm
Quoting A.Samir
Hello all traders

First iam happy that the indicator i posted before "Samir virtual trade universal" helped some of u and for those who ask about the what time frame it represent its for the weekly TF and it has the dollar value of the pairs it was so hard to start the trade hedge in the very begining of the week u had to run it in the first minute to have acurate information and adjust the profitcalc. if ind it very helpful....
Thanks so much Samir for the answer. The timing entry issue is where I am right know. I use Orest Indicator 1.18. BuySellBasket indi for a very graphical basket movement and ForexFlash arrows Indicator. I have made some good pips on demo just watching for all times frames align to Weekly and This day basket trend. I haven't played with retracements yet.
  • #1,491
  • Apr 7, 2010 2:54pm Apr 7, 2010 2:54pm
Hi A.Samir,

God bless you for that indicator "samir virtual trades" it really made things very easy for me and other traders.

I stopped doing the T101 because of the IA opening every week open and monitoring the pairs and differentiating between them became so difficult for me and that discouraged me from using it.

But your indicator removed that difficulty and I can easily monitor the pairs as they switch places, only today +400 pips

Thank you very much A.Samir

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #1,492
  • Apr 7, 2010 3:42pm Apr 7, 2010 3:42pm
Quoting Kosomolate
Hi A.Samir,

God bless you for that indicator "samir virtual trades" it really made things very easy for me and other traders.

I stopped doing the T101 because of the IA opening every week open and monitoring the pairs and differentiating between them became so difficult for me and that discouraged me from using it.

But your indicator removed that difficulty and I can easily monitor the pairs as they switch places, only today +400 pips

Thank you very much A.Samir

kos

God +400 pips. I haven't got that amount yet. Ouch. Can you share how you read the indicator. Single pair trading or Basket trading?

Thanks
  • #1,493
  • Apr 7, 2010 6:25pm Apr 7, 2010 6:25pm
let your profit running

http://i285.photobucket.com/albums/l...basketapr8.jpg
  • #1,494
  • Apr 7, 2010 6:34pm Apr 7, 2010 6:34pm
Yesterday I load samir indi.
I watch slot 7 and 8 and GBP/USD go to 7 from 8, next 8 from 7 and so...

How do you determine exact entry?
Some tip?
Some TF ?
Thanks..




Quoting banana9009
let your profit running

http://i285.photobucket.com/albums/l...basketapr8.jpg
  • #1,495
  • Apr 7, 2010 9:22pm Apr 7, 2010 9:22pm
Quote
Yesterday I load samir indi.
I watch slot 7 and 8 and GBP/USD go to 7 from 8, next 8 from 7 and so...

How do you determine exact entry?
Some tip?
Some TF ?
Thanks..

i already post the reason why i enter first basket

and how to enter the second basket .

and how to trade 4 jumping pairs

please read before ask
  • #1,496
  • Apr 7, 2010 10:57pm Apr 7, 2010 10:57pm
Thanks, I have about 1 month reading threads and this thread too.

I don't have clear entrys and exits, that is reason why I ask.

plus , my first language is not English and reading it is difficult some times.

Anyway, thanks for your time, I will re-seek ...




Quoting banana9009
i already post the reason why i enter first basket

and how to enter the second basket .

and how to trade 4 jumping pairs

please read before ask
  • #1,497
  • Apr 7, 2010 11:19pm Apr 7, 2010 11:19pm
Hey Banana,

Awesome results!

Been testing entries. Successful so far this week.

But using any of the money management robots seem to stop me out with small profits.

Do you mind sharing how you make the decision on whether you are going to let the profit run? Do you wait for the Basket Indicator indicator to cross again ?

Thanks

Quoting banana9009
let your profit running

http://i285.photobucket.com/albums/l...basketapr8.jpg
  • #1,498
  • Apr 7, 2010 11:23pm Apr 7, 2010 11:23pm
I think the best way is to just keep an eye on total profit.

Like if you were short just set a mental target of where you got in and keep an eye on the -100 or -200 or whatever. And if its a good trendy trade the basket indicator will stay wide and keep going down or up.
  • #1,499
  • Apr 7, 2010 11:40pm Apr 7, 2010 11:40pm
Sorry, sorry. My apologies about this question but I need ask.
1.- How much time must I wait before entry/exit?
2.- Indicator turn short-strong-weak-long-weak-strong every 5-10-15 mins. How can I determine exact entry/exit?
3.- How Can I match indicator cross with exact entry/exit?
Thanks in advance
Attached Image (click to enlarge)
Click to Enlarge Name: basket_1.jpg Size: 162 KB
  • #1,500
  • Apr 8, 2010 12:21am Apr 8, 2010 12:21am
this is not banana, this is cherry

good question, but i doubt there is a good answer for why banana's basket is still "riding" the trend.

if using Orest EA, 2ProtectAccount, or MPTM, then Monday's basket should have already exited on Tuesday Asian session according to Profit-Locking of these EAs.

And besides Profit-locking of these EAs, there is hardly any better solution to stay "riding" the trend.

maybe banana's EA was turned off on Tuesday morning.

On the other hand, it is more important to understand how to Re-Enter. my understanding is the same timeframe you used to enter the 1st basket, you stay in that timeframe for re-enter, same signals as 1st basket.

Quoting arjuncora
Hey Banana,

Do you mind sharing how you make the decision on whether you are going to let the profit run? Do you wait for the Basket Indicator indicator to cross again ?

Thanks
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