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AL-Bit (Numerical trading By AboSolamn And MifaForex )

  • #21
  • Jun 2, 2010 2:02am Jun 2, 2010 2:02am
Quoting Naseri13
so thank for your EA , yOU are welcome too the froum ,

I downloaded this EA but I cant send it too my chart . why ?

1- copy this batt_mod too experts folder

then when I want too run it , he cant move and take a chart .

please check it again

Thanks again

its not Ea put in indicator
GREENIUS
  • #22
  • Jun 2, 2010 2:09am Jun 2, 2010 2:09am
Quoting bnbb2004
Does this work on all pairs - 4H charts?

Also, can someone please add an email alert when new trade entries are available (SL, TP) or when the previous trade entry is no longer valid (expired)? That would be a wonderful feature all of us can benefit from especially for those of us that cannot watch the charts during the day. TIA!

it's only for 4h chart and u can used for

eu gu uc uchf uj ej gj au nu aj gchf

but

in GBPJPY in arabic we named Crazy

in case indicator give signal u must as speed u can go with new candle if u missed entry point u lost opportunity
GREENIUS
  • #23
  • Jun 2, 2010 2:17am Jun 2, 2010 2:17am
Quoting Syahmi
Both on USD/CHF...& EUR/USD... Just follow the trend...

Thanks a lot bro...


P/S : Pivots & S&R must be taken into consideration as well...

100 % true
GREENIUS
  • #24
  • Jun 2, 2010 9:07am Jun 2, 2010 9:07am
work it in demo till u be sure
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GREENIUS
  • #25
  • Jun 3, 2010 10:07am Jun 3, 2010 10:07am
eurjpy
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GREENIUS
  • #26
  • Jun 3, 2010 10:12am Jun 3, 2010 10:12am
update
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GREENIUS
  • #27
  • Jun 3, 2010 8:19pm Jun 3, 2010 8:19pm
I tried this on all of the recommend pairs on one 4 hour session today. I only tried three levels of TP and not four. Banked 180 pips.

Thank you
  • #28
  • Jun 3, 2010 10:58pm Jun 3, 2010 10:58pm
How important is it to bank pips at each target? I was thinking of moving SL to BE at first target then letting the whole position ride. We may have higher BE rate however, the winners will be much greater than scale out positions. What do you think?
  • #29
  • Jun 4, 2010 1:32am Jun 4, 2010 1:32am
Hello,

I have only 3 green TakeProfit lines on my chart instead of 4 TakeProfit lines. TakeProfit Lines 1, 3 and 4 are visible, Takeprofit line 2 invisible !
The indicator is using 4 TakeProfit Lines (see code) !

Comments Field "Buy/Sell AT SL TP 1,2,3,4"
TakeProfit 2 doesn't have the good value (wrong number)

eTrader,
  • #30
  • Jun 4, 2010 2:13am Jun 4, 2010 2:13am
Quoting A-game
How important is it to bank pips at each target? I was thinking of moving SL to BE at first target then letting the whole position ride. We may have higher BE rate however, the winners will be much greater than scale out positions. What do you think?

i do same since yp1 hit sgift u r sl to entry level and go sleep or go out with your enjoy in your life
GREENIUS
  • #31
  • Jun 4, 2010 2:20am Jun 4, 2010 2:20am
life
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GREENIUS
  • #32
  • Edited 4:09am Jun 4, 2010 4:08am | Edited 4:09am
I found this thread a couple of hours ago, installed the indicator and waited for a signal(s) to appear.

A signal was given on EUR/USD to go Long @ 1.2178 with SL of 1.2118. I was surprised to see that the 1st TP was 1.2185, only 7 pts away from entry. The 2nd, 3rd and 4th SLs were 1.2191, 1.2199 and 1.2212 respectively. I was impressed with the performance because it reached every target price.

Greenius; Is it unusual to have such a low 1st TP?
  • #33
  • Jun 4, 2010 6:33am Jun 4, 2010 6:33am
Quoting eTrader
BUY GBPUSD H4 Date: 04/06/2010

Another example
Buy AT 1.4668
SL 1.4608

TP1 1.4687

TargetProfit 1 was not reached !
Price reversal
StopLoss was hit !

eTrader,
why u go against trend ????????
GREENIUS
  • #34
  • Jun 4, 2010 6:36am Jun 4, 2010 6:36am
what about this 106 pipi
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GREENIUS
  • #35
  • Jun 4, 2010 6:45am Jun 4, 2010 6:45am
see results of this week
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GREENIUS
  • #36
  • Jun 4, 2010 9:38am Jun 4, 2010 9:38am
Hi Greenius,

Could you elaborate the theory behind your approach or give us a link.
It is very nice, but you do not give much explanations.
I don't need spoon feeding, but how do you want people to get interested.
for the moment it is you take or go away.

It works for you because you have a trade management and risk management but you don't give any directions.

It is like if you were giving us a Ferrari but we can't use the brakes.

I see from the last 4H bar (16:00 GMT+2) thatwe are not allowed to enter a trade (why?, what is the reason?).
It can be difficult to trade something that we do not understand or if it just follow and easy - why not having just an EA.

Thank you anyway for your contribution.

Regards,

Gerry
  • #37
  • Jun 4, 2010 1:15pm Jun 4, 2010 1:15pm
Can you give us the indicator in mq4 format? I think we can make it into an EA. I like to know what are the average you are talking about and how you get the sell and buy alert. I spend some time on your indicator and the buy/sell price kept changing on me within the 4 hr timeframe. I had enter as soon as the bar open but later when the price moved away, it now gave me a different buy/sell price. Looks interesting but be nice if we can backtest this to see if it is profitable.
  • #38
  • Jun 4, 2010 2:25pm Jun 4, 2010 2:25pm
i attached manual calculation by excel sheet

u should used al-trader mt4
Attached Image (click to enlarge)
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Attached File(s)
File Type: xls Al-Bit.xls   24 KB | 458 downloads
GREENIUS
  • #39
  • Jun 4, 2010 2:59pm Jun 4, 2010 2:59pm
Bro....

I used those 2 average lines as support & resistance as well... ie... breaking those 2 lines would consitute as a Buy or a Sell as well.

What say you ?


Cya.
  • #40
  • Jun 4, 2010 3:01pm Jun 4, 2010 3:01pm
Quoting Syahmi
Bro....

I used those 2 average lines as support & resistance as well... ie... breaking those 2 lines would consitute as a Buy or a Sell as well.

What say you ?
pla add chart with your comment to all of us know bast way in this indicator

Cya.
which avrg ? please add your chart with comments
GREENIUS
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