[deleted]
Indicators development for T101's not very simple method
- #1,643
- Apr 27, 2010 3:12am Apr 27, 2010 3:12am
- Joined Dec 2005 | Status: Com Member = Scammer | 5,408 Posts
Hi bOys,
Allow me to chime in if you would be so kind.
I have been looking at T101 since before Orest published his first indi in the original thread(at least i think it was him).
Although, I have been trading it the traditional way, I'm coming to the opint where I want to look into the current indicators going around.
I think I have pinpointed entry, but would like something 'easier' per se.
I read this entire thread, there are indis posted, but it seems no one is using the exact same ones?
Could someone hit me up with a set up thats currently of interest to them (doesnt need to be working, I can do that part) That is, the IA and some form of directional choice indicator.
(please don't send me stochastics, I already have many copies of it
)
Thanks muchly. I feel some sort of bull move coming on
Allow me to chime in if you would be so kind.
I have been looking at T101 since before Orest published his first indi in the original thread(at least i think it was him).
Although, I have been trading it the traditional way, I'm coming to the opint where I want to look into the current indicators going around.
I think I have pinpointed entry, but would like something 'easier' per se.
I read this entire thread, there are indis posted, but it seems no one is using the exact same ones?
Could someone hit me up with a set up thats currently of interest to them (doesnt need to be working, I can do that part) That is, the IA and some form of directional choice indicator.
(please don't send me stochastics, I already have many copies of it
)Thanks muchly. I feel some sort of bull move coming on
- #1,645
- Edited 8:01am Apr 27, 2010 7:50am | Edited 8:01am
- Joined Oct 2008 | Status: patiently growing wealth... | 2,655 Posts
John 3:16 - From THIS love no power on earth can me sever.
- #1,647
- Apr 27, 2010 10:42am Apr 27, 2010 10:42am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
Koso, that's perfect entry, your pin-point is laser-accurate.
keep posting ur entry.
but you are not U.S. trader, are you? your entry is in Euro session.
keep posting ur entry.
but you are not U.S. trader, are you? your entry is in Euro session.
Hi all!
the green vertical line is the point for me where all the SHORT entry criteria were fulfilled.
now +600 pips in the green
kos
- #1,648
- Apr 27, 2010 10:54am Apr 27, 2010 10:54am
- Joined Dec 2006 | Status: Backtest is meaningless (to me) | 2,176 Posts
- #1,649
- Apr 27, 2010 11:04am Apr 27, 2010 11:04am
Wow. I'm about 400 pips in the positive, and it looks like the jpy pairs are about 50% retraced from the move up from last week.
What irks me is how bad my entry is. I entered a short basket yesterday, but I was early and closed it out when it moved against me. I meant to get up early this morning (I'm in the USA) and check the market, but wasn't able to do until after the move was well underway.
If I had just left my basket open... well I don't want to count the pips I missed.
I've attached a screenshot and the indicators I'm using - someone had asked what indis people used in their trades.
Question: How do I use the BuyAllPairsAnchorSpread? It looks like a move up indicates a trend increase, so that's a good indication that it's time to open a basket, right?
Edit: profit near 700 pips now, so this is a very fast move. Blowing through Fib levels.
What irks me is how bad my entry is. I entered a short basket yesterday, but I was early and closed it out when it moved against me. I meant to get up early this morning (I'm in the USA) and check the market, but wasn't able to do until after the move was well underway.
If I had just left my basket open... well I don't want to count the pips I missed.
I've attached a screenshot and the indicators I'm using - someone had asked what indis people used in their trades.
Question: How do I use the BuyAllPairsAnchorSpread? It looks like a move up indicates a trend increase, so that's a good indication that it's time to open a basket, right?
Edit: profit near 700 pips now, so this is a very fast move. Blowing through Fib levels.
- #1,653
- Apr 27, 2010 12:48pm Apr 27, 2010 12:48pm
Ye, thank you, Don!
Everything is OK
I do not have much time for trading.
TL is trendline - yes
S/R-support/resistance
I miss all today falling Just now look what happened.
Regards
[/quote]
Everything is OK
I do not have much time for trading.TL is trendline - yes
S/R-support/resistance
I miss all today falling
Just now look what happened.Regards
Empori,
Thank you. Again, sorry for my rudeness before. You totally didn't deserve that. My mistake. My bad. My apologies.
So if using TL (trendline I assume) and S/R, I assume you're doing fine
Like has been said before, each one has their way of doing it if not going by T101 exact rules, and when you use tools like you're using, as Orest and banana has both shown Trendlines, Fibs, S/R, all work with the basket, and can be very profitable.
Regards,
Don
QUOTE=Empori;3667648]Don,
Thank you for your answer!Fully accept your apologizes...
- #1,655
- Apr 27, 2010 1:35pm Apr 27, 2010 1:35pm
- Joined Oct 2008 | Status: patiently growing wealth... | 2,655 Posts
AAAHHHHGGGGRRRRR!!
2protectaccount EA has SHORT CHANGED me, got me out @ +1410 pips and the fall still continues.
all the same I am still a happy man 75% up in one tuesday.
@ charvo
thanks charvo, I trade from Nigeria, almost same time with UK, we trade both UK and US sessions fully
@ dr_zeus
-I wait for Samir virtual trade to signify trend direction. LONG/SHORT STRONG with at least 4 pairs out of the 7 pairs up confirming it. E.G. I waited for 4 RED pairs to climb up today before I SHORT the basket, playing it save.
-Then BI_T101_OTR must have crossed to that direction
-I think GBPJPY mirrors the overall basket movement more, so I like to see that price drops/climbs to the same side of TREND MAGIC in the direction of SAMIR indi
once I see these conditions fulfilled, I pull the TRIGGER, knowing full well that if my decision is wrong, out at -560 pips or whatever that amounts to in USD
hope I am articulate enough.
kos
2protectaccount EA has SHORT CHANGED me, got me out @ +1410 pips and the fall still continues.
all the same I am still a happy man 75% up in one tuesday.
Originally Posted by charvo
keep posting ur entry.http://cdn.forexfactory.com/images/s...m/thumbsup.gif
but you are not U.S. trader, are you? your entry is in Euro session.
thanks charvo, I trade from Nigeria, almost same time with UK, we trade both UK and US sessions fully
Originally Posted by dr_zeus
Kos,
How are you using those indis to determine an entry? It looks like TrendMagic, T101BuyAllPairs, and T101BuyAllPairsAnchorSpread.
-I wait for Samir virtual trade to signify trend direction. LONG/SHORT STRONG with at least 4 pairs out of the 7 pairs up confirming it. E.G. I waited for 4 RED pairs to climb up today before I SHORT the basket, playing it save.
-Then BI_T101_OTR must have crossed to that direction
-I think GBPJPY mirrors the overall basket movement more, so I like to see that price drops/climbs to the same side of TREND MAGIC in the direction of SAMIR indi
once I see these conditions fulfilled, I pull the TRIGGER, knowing full well that if my decision is wrong, out at -560 pips or whatever that amounts to in USD
hope I am articulate enough.
kos
John 3:16 - From THIS love no power on earth can me sever.
- #1,657
- Apr 27, 2010 1:50pm Apr 27, 2010 1:50pm
AAAHHHHGGGGRRRRR!!
2protectaccount EA has SHORT CHANGED me, got me out @ +1410 pips and the fall still continues.
all the same I am still a happy man 75% up in one tuesday.
@ charvo
thanks charvo, I trade from Nigeria, almost same time with UK, we trade both UK and US sessions fully
@ dr_zeus
-I wait for Samir virtual trade to signify trend direction. LONG/SHORT STRONG with at least 4 pairs out of the 7 pairs up confirming it. E.G. I...
you're right the market may drop more. but as I said. exited. i could have had over 1600 maybe. right now, the demo is up +1800 oh well I will be hopping in whenever the market reverses. if you didn't hop in in the new york session or before, now might be too late. I'd wait to see what pans out
