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Trendline Scalping 4hr timeframe

  • #841
  • Aug 23, 2010 2:19am Aug 23, 2010 2:19am
Quoting astral77
GG

With respect to the thread master I will only mention the other thread this time only. If you go to page 1 of that thread and download the 3 zip files, in one of them you will find word documents, one of them is 30 pages read that first. It is a manual counter trend system and EAs are used to get better timely entrance.

DAVID,

Sir, your thread was bubbling but now it will start Buzzing big time. Steve is one of the best (and some say the BEST) coder in FF. He has a huge following which include some of the best minds in forex....
Thanks Astral

That's all I needed.... now I know where to look, I can start reading.... And at first glance it looks like a great system which has been thoroughly researched and tested.

GG
Now trading live
  • #842
  • Aug 23, 2010 7:38am Aug 23, 2010 7:38am
Quoting david486
ok guys i have added another pic at the top of this thread.


The confirmation of the gradient legs are labeled 123 for both bullish and bearish trends.

so the time elapsed between the legs is usually greater than 8hrs. when the price moves away from the second leg say for example a bullish trend it will move upwards.. it will move somewhat a hundred or so pips stay around that mark or increase for a period greater than 8hrs then when it the price comes back down and touches the gradient line(drawn by the first two confirmation legs) you buy(or...
- - --
David,
I uploaded your system, however I am getting different prompt. When I click the exe it prompted me to a pop-up screen, and I click OK. Instead of the leg1/leg2 it appears gbp/jpy no treads and eu r/jpy not trades... successful. Where shall i go from here. By the way I am new in this thread.
Ed
  • #843
  • Aug 23, 2010 8:03am Aug 23, 2010 8:03am
Quoting Edd Ganuelas
- - --
David,
I uploaded your system, however I am getting different prompt. When I click the exe it prompted me to a pop-up screen, and I click OK. Instead of the leg1/leg2 it appears gbp/jpy no treads and eu r/jpy not trades... successful. Where shall i go from here. By the way I am new in this thread.
Ed
Hi Ed

In case David is busy today and this is bugging you big time (I was in the same boat few weeks ago), here is the answer to your post. Do not worry, nothing is wrong, I had the same problem at the beginning. The L1 and L2comes after a possible trade is identified. Normally Monday and Tuesdays nothing much happens and possible trades are identified from Tuesday onwards. For now you have to wait.

Kind regards
  • #844
  • Aug 23, 2010 12:22pm Aug 23, 2010 12:22pm
Having used the EA's today, I decided to implement the full safety feature I added to the NB ea's.

When you drag the ea onto a chart, it asks for confirmation that you want it loaded. This is in case of re-starting the platform with an ea inadvertently left on a chart
after its job is done.

Attached File(s)
File Type: zip David486 4H Trendline EA's by Steve Hopwood.zip   79 KB | 522 downloads
  • #845
  • Aug 23, 2010 3:50pm Aug 23, 2010 3:50pm
Quoting astral77
Hi Ed

In case David is busy today and this is bugging you big time (I was in the same boat few weeks ago), here is the answer to your post. Do not worry, nothing is wrong, I had the same problem at the beginning. The L1 and L2comes after a possible trade is identified. Normally Monday and Tuesdays nothing much happens and possible trades are identified from Tuesday onwards. For now you have to wait.

Kind regards
--Astral,

Thanks a lot,

Ed
  • #846
  • Aug 24, 2010 11:26am Aug 24, 2010 11:26am
Quoting SteveHopwood
Having used the EA's today, I decided to implement the full safety feature I added to the NB ea's.

When you drag the ea onto a chart, it asks for confirmation that you want it loaded. This is in case of re-starting the platform with an ea inadvertently left on a chart
after its job is done.

Thanks Steve for your help here; very much appreciated. David has done a great job sharing his system and you have equally done a great job assisting with the EA. I have started reading Bob's thread and will take my time to understand the system. David's system is very simple and took me about a week to master, and look forward to the same for Bob's system.

Thx you great guys with large hearts and God bless u really good for all your sacrifice and help.

Cheers
Low Risk Low Stress High Reward High Probability Trades
  • #847
  • Aug 24, 2010 3:51pm Aug 24, 2010 3:51pm
I have added trading times to the ea's. You set your morning trading start time and evening end time to correspond with European trading hours as they are in your own local time.You need no offsets etc; simply think in your own local time.

Here is where life gets difficult for your average coder. Most punters are unable to grasp the simple concept of, 'work out when Europe opens in YOUR OWN LOCAL TIME', and so post a host of questions about this.

Guys, you can suit yourselves. Ask me one single question about this and I will instantly add you to my ignore list. Ask around, and people will confirm that I am ruthless when it comes to protecting my sanity from thickies. Once added to my 'ignore' list: I cannot see said thickies' questions; they cannot post in any of my threads - ever.

Sorry to be so rude, but I have learned not to polite about this. I hope the attached help your trading.

Attached File(s)
File Type: mq4 David's 4H Trendline BUY EA by Steve Hopwood.mq4   11 KB | 406 downloads
File Type: mq4 David's 4H Trendline SELL EA by Steve Hopwood.mq4   11 KB | 343 downloads
  • #848
  • Aug 24, 2010 4:10pm Aug 24, 2010 4:10pm
Here is my tp trade from today. Legs 1 & 2 happened quickly, so I set the Trendline Buy ea onto the chart and let it do its thing. The arrow shows the entry; you do not need genius-level maths to work out the tp.

This goes along with an eu tp sell trade from yesterday, and a uc sell that closed at a mptm-managed +10.

Great start for me, using a system astral pointed me to late last week, so it is new to me.

Inexperience hasn't stopped me from starting the auto-trader that astral knew I would be unable to resist coding. Those of you who know my work will not be totally gobsmacked to learn that I have already started work on the auto-trader.

Attached Image (click to enlarge)
Click to Enlarge Name: trade.gif Size: 9 KB
  • #849
  • Aug 25, 2010 1:35am Aug 25, 2010 1:35am
guys buy setup on the gy check nnclient. i have turned on autoexecute. will be back later to post update
  • #850
  • Aug 25, 2010 2:05am Aug 25, 2010 2:05am
missed a perfect aussie us trade aswell anyone get this one? happened open euro session
  • #851
  • Aug 25, 2010 3:13am Aug 25, 2010 3:13am
guys trying to load a candle indicator in my mt4 but cant when i attach to chart nothing happens.. any ideas?
  • #852
  • Aug 25, 2010 4:40am Aug 25, 2010 4:40am
Quoting john19r
guys trying to load a candle indicator in my mt4 but cant when i attach to chart nothing happens.. any ideas?
Maybe it calls for other custom indicators, or sometimes could be a font problem.
  • #853
  • Aug 25, 2010 4:44am Aug 25, 2010 4:44am
Quoting DotMag
Maybe it calls for other custom indicators, or sometimes could be a font problem.
thanks. its just a candle time indicator would really appreciate if u could upload 1 that works.
cheers
  • #854
  • Aug 25, 2010 5:00am Aug 25, 2010 5:00am
Quoting john19r
thanks. its just a candle time indicator would really appreciate if u could upload 1 that works.
cheers
Try this it has also main markets time. You have to allow dll imports.
Attached File(s)
File Type: mq4 Clock_v1_2.mq4   16 KB | 323 downloads
  • #855
  • Aug 25, 2010 5:02am Aug 25, 2010 5:02am
Quoting john19r
thanks. its just a candle time indicator would really appreciate if u could upload 1 that works.
cheers
And this one simpler.
Attached File(s)
File Type: mq4 b-clock modified.mq4   2 KB | 341 downloads
  • #856
  • Aug 25, 2010 5:07am Aug 25, 2010 5:07am
i have enabled dll imports and have the indicators under expert advisors. still cant attach. not really mt4 person as my broker is web based
  • #857
  • Aug 25, 2010 5:10am Aug 25, 2010 5:10am
Quoting john19r
i have enabled dll imports and have the indicators under expert advisors. still cant attach. not really mt4 person as my broker is web based
You have to put them in /experts/indicators folder. Than restart Metatrader to compile them.
  • #858
  • Edited Aug 26, 2010 7:41am Aug 25, 2010 10:05am | Edited Aug 26, 2010 7:41am
Hi David.

I found this via Steve's post on the Nanningbob thread. Just finished reading the posts and found the system simple enough to understand which is always a good start.

I got the client and saw the suggested trade. But by the time I understood what the trade information on the client meant it was a bit late to enter but the trade worked out almost exactly as predicted on the client (GBPJPY buy) and would have resulted in 60+ pips!

I thought it is worth mentioning that on the other thread a coder named 'Phover' developed a windows based panel that interacts directly with MT4 and his new version will even trigger trades automatically using an EA loaded into the chart. This may be an idea for the future for your client rather than using the mouse location memory. Please ignore this if it is not suitable for whatever reason.

Thanks for sharing this and for the work you have put in.

Z
  • #859
  • Aug 25, 2010 10:08am Aug 25, 2010 10:08am
David, do we have a setup here?
Attached Image
  • #860
  • Aug 25, 2010 10:18am Aug 25, 2010 10:18am
What about this one?
Attached Image
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