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  • #2,141
  • May 10, 2010 1:39pm May 10, 2010 1:39pm
Hey Tony, I've read about half the thread. Seems like a great system. You've probably answered this, but didn't see it anywhere. I know a lot of times you just let your trade run. But if you are watching the charts and see an 8+ pip bar in the opposite direction of your trade, do you close the current order and take the new entry, or just let it run until 0SL is hit?
  • #2,142
  • May 10, 2010 2:31pm May 10, 2010 2:31pm
Quoting Paulus
Hi Guys

Hope you can help Ive been searching for the gizmo that can give me 10 secs bar charts could you post it again please

cheers

paulus

http://www.forexfactory.com/showthread.php?t=222230

Salient also has another one called ExtremeBar, they both work well for this system.

--B
  • #2,143
  • May 10, 2010 8:54pm May 10, 2010 8:54pm
Quoting -zz
here is where you can get the flexchart expert advisor that produced these 5 sec charts for mt4:
http://www.forexfactory.com/showthread.php?t=222230 post #7


--ZZ
Guys, for some reason this flexchart doesnt work... did any of you tried it?
  • #2,144
  • May 10, 2010 9:56pm May 10, 2010 9:56pm
Quoting ForexSV
Guys, for some reason this flexchart doesnt work... did any of you tried it?
same here
Lazy Forex
  • #2,145
  • May 11, 2010 1:03am May 11, 2010 1:03am
Quoting ForexSV
Guys, for some reason this flexchart doesnt work... did any of you tried it?
enabled DLL first and then open the chart offline
  • #2,146
  • May 11, 2010 1:43am May 11, 2010 1:43am
Quoting datugman
Hey Tony, I've read about half the thread. Seems like a great system. You've probably answered this, but didn't see it anywhere. I know a lot of times you just let your trade run. But if you are watching the charts and see an 8+ pip bar in the opposite direction of your trade, do you close the current order and take the new entry, or just let it run until 0SL is hit?

let it run for 0SL
Invest in alarm clocks
  • #2,147
  • May 11, 2010 3:25am May 11, 2010 3:25am
Tony, At wat stage do u place the SL=0? a ball park figure would do.

What about reentry after a SL ? any guidelines on that ?
  • #2,148
  • May 11, 2010 12:39pm May 11, 2010 12:39pm
Quoting -zz
Blue boxes are moves of 10 pips in 10 sec. When they occur at the at key SR points, and psychological numbers AND price continues to move in that direction price usually moves 125 pips or more from that initial 10 sec/10 pip surge


Trading away from a line (the daily low):

http://i40.tinypic.com/n6f4ue.jpg


GU 185 pips in 90 minutes:

http://i44.tinypic.com/10y2z9t.jpg



EJ 10 min 140 pips:

http://i41.tinypic.com/24xqlp3.jpg



here is where you can get the flexchart expert advisor that produced these 5 sec...
please contact me maybe we can create a profitable ea...
  • #2,149
  • May 11, 2010 1:28pm May 11, 2010 1:28pm
Here is a nice 80 minute trade with 5 sec data

http://i40.tinypic.com/s4vuon.jpg
  • #2,150
  • May 11, 2010 1:35pm May 11, 2010 1:35pm
Quoting andrea182
please contact me maybe we can create a profitable ea...
andrea182

i can't send pm yet still junior member.

you can start collecting 5 sec data history files in mt4 with the flexichart indi I listed in last post. Then build ea and test with the collected history files and mt4 strategy tester

-zz
  • #2,151
  • May 11, 2010 6:44pm May 11, 2010 6:44pm
Quoting -zz
andrea182

i can't send pm yet still junior member.

you can start collecting 5 sec data history files in mt4 with the flexichart indi I listed in last post. Then build ea and test with the collected history files and mt4 strategy tester

-zz
what is your broker???

i haven't the same value as you...
  • #2,152
  • May 11, 2010 6:52pm May 11, 2010 6:52pm
Quoting andrea182
what is your broker???

i haven't the same value as you...
fxdd is broker I run 5 sec on a demo acct
  • #2,153
  • May 11, 2010 10:10pm May 11, 2010 10:10pm
zz,

Can you post your settings for mt4 to get 5 sec charts? I did download flexiChart and other files but not sure if my chart looks correct. Thanks.
  • #2,154
  • May 12, 2010 12:37am May 12, 2010 12:37am
Quoting litxus82
zz,

Can you post your settings for mt4 to get 5 sec charts? I did download flexiChart and other files but not sure if my chart looks correct. Thanks.
you need to enable DLLs first and put those 2 other files in your libraries directory of MT4
  • #2,155
  • May 12, 2010 10:44am May 12, 2010 10:44am
Adaseb,

I do get the charts, just need to find out what the inputs for the EA are? Maybe you can post a .set or .tpl file?
  • #2,156
  • May 12, 2010 12:37pm May 12, 2010 12:37pm
Quoting litxus82
Adaseb,

I do get the charts, just need to find out what the inputs for the EA are? Maybe you can post a .set or .tpl file?

i dont have those files.

just set the time to 00:00:05 and use systemtime=false.

and then open up the M8 chart.

make sure EA is enabled.
  • #2,157
  • May 12, 2010 1:04pm May 12, 2010 1:04pm
thanks adaseb. For EA change candle time to 00:00:05, and how about bar size and reverse size parameters as they set by default to 2.
  • #2,158
  • May 12, 2010 1:50pm May 12, 2010 1:50pm
Quoting litxus82
thanks adaseb. For EA change candle time to 00:00:05, and how about bar size and reverse size parameters as they set by default to 2.
yeah leave those as is

by the way. use 2 different MT4 brokers when you do this to make sure your data is accurate, or there might be some gaps.

use ATR=1 to see which bars are >7
  • #2,159
  • May 12, 2010 3:52pm May 12, 2010 3:52pm
adaseb,

what do you mean by ATR = 1? Is there an indicator or something that highlights bars automatically which are more than 7+ pips?
  • #2,160
  • May 12, 2010 4:39pm May 12, 2010 4:39pm
Thanks Tony and God bless you and your family with lots of health and happiness!
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