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Trendline Scalping 4hr timeframe

  • #861
  • Aug 25, 2010 3:41pm Aug 25, 2010 3:41pm
Hey guys. David, I love your method even more than I did when I read up at the weekend. I have done a few manual demo trades easily and successfully and will go live next week.

I wasn't wrong when I described this and Bob's system as soul-mates.

I have offered up a first draft of an auto-trader for this system at http://www.forexfactory.com/showthre...56#post3976756

This is a manual system, so I have placed the robot in its own thread to avoid cluttering up this one with discussions about automation.

Have a look and see what you think.

  • #862
  • Aug 25, 2010 5:46pm Aug 25, 2010 5:46pm
Quoting fguru
What about this one?
hey buddy, yes this is a trade.

as for everyone else the gy trade worked out well. i might be able to get free sms' from a gsm that adds small adds to the text. thinking about implementing this with the nnclient.. as i know some people wouldnt know if they have been executed unless they were watching their charts all the time.
  • #863
  • Aug 25, 2010 6:58pm Aug 25, 2010 6:58pm
Has anyone tried the Dave486 program on Windows vista? It won't work and I can't delete the file. It won't let me. Had to run restore.
  • #864
  • Aug 25, 2010 7:13pm Aug 25, 2010 7:13pm
Quoting cugir321
Has anyone tried the Dave486 program on Windows vista? It won't work and I can't delete the file. It won't let me. Had to run restore.
i am running it on windows vista. not sure what ur doing but a system restore wouldnt remove any applications as it only affects the operating system.

it deletes fine, doesnt run in administrator mode so it doesnt make and os changes. do you also mind elaborating on "it doesnt work" what doesnt work you cant see trades?
  • #865
  • Aug 25, 2010 8:52pm Aug 25, 2010 8:52pm
Quoting Zr-fx
Hi David.



I got the client and saw the suggested trade. But by the time I understood what the trade information on the 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!


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

Z
Yah, me too! I missed it by 20 pips, and didn't risk it! Nice run though! I think another is coming on GBPJPY and EURJPY. Although stochs looking not as good as this morning.
We are our own best indicator.
  • #866
  • Aug 25, 2010 9:46pm Aug 25, 2010 9:46pm
Now it's working again. I know restore doesn't remove the file. I had to use restore to get windows to allow me to delete the file. That one doesn't make sense period!

If it does it again I'll post the error locations.


Quoting john19r
i am running it on windows vista. not sure what ur doing but a system restore wouldnt remove any applications as it only affects the operating system.

it deletes fine, doesnt run in administrator mode so it doesnt make and os changes. do you also mind elaborating on "it doesnt work" what doesnt work you cant see trades?
  • #867
  • Aug 26, 2010 4:00am Aug 26, 2010 4:00am
new usd/jpy trade check nn for details
  • #868
  • Aug 26, 2010 5:44am Aug 26, 2010 5:44am
Quoting david486
new usd/jpy trade check nn for details
Hi David. Got the message on the client as L1=83.97 and L2=84.03. When I tried to plot the points on the chart L2 is spot on a HL point but L1 did not correspond with a swing point at all.

Am I reading this wrong?

Another question. I had the audio alert enabled but I don't think it sounded the alarm. Does it sound when ever there is a new trade setup?

Thanks

Z
  • #869
  • Aug 26, 2010 6:19am Aug 26, 2010 6:19am
Quoting Zr-fx
Hi David. Got the message on the client as L1=83.97 and L2=84.03. When I tried to plot the points on the chart L2 is spot on a HL point but L1 did not correspond with a swing point at all.

Am I reading this wrong?

Another question. I had the audio alert enabled but I don't think it sounded the alarm. Does it sound when ever there is a new trade setup?

Thanks

Z
ill answer your questions for dave as i have asked him the same ones before. the audio alert only triggers when a trade is executed not when a new trade is loaded. as for l1 and l2 they correspond on mine.

reads l1:8357 l2:84.03
regards
  • #870
  • Aug 26, 2010 6:25am Aug 26, 2010 6:25am
Quoting john19r
ill answer your questions for dave as i have asked him the same ones before. the audio alert only triggers when a trade is executed not when a new trade is loaded. as for l1 and l2 they correspond on mine.

reads l1:8357 l2:84.03
regards
Thanks. Either the number changed or I need glasses. Probably the latter
  • #871
  • Aug 26, 2010 7:10am Aug 26, 2010 7:10am
news is coming out shortly so yeh no entry
  • #872
  • Aug 26, 2010 9:44am Aug 26, 2010 9:44am
Using the trade-sending ea's, I discovered they were not sending the 50 pip tp.

Fixes attached.

Attached File(s)
File Type: mq4 David's 4H Trendline BUY EA by Steve Hopwood.mq4   11 KB | 595 downloads
File Type: mq4 David's 4H Trendline SELL EA by Steve Hopwood.mq4   11 KB | 427 downloads
  • #873
  • Aug 26, 2010 10:00am Aug 26, 2010 10:00am
Potential setup? Please comment. Thanks.
Attached Image
  • #874
  • Aug 26, 2010 10:55am Aug 26, 2010 10:55am
First live trade today. +48. Trigger and tp in the same candle.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 10 KB
  • #875
  • Aug 26, 2010 7:36pm Aug 26, 2010 7:36pm
Quoting SteveHopwood
First live trade today. +48. Trigger and tp in the same candle.
nicely done steve
  • #876
  • Aug 26, 2010 8:06pm Aug 26, 2010 8:06pm
Quoting fguru
Potential setup? Please comment. Thanks.
yep ill be trading this one
  • #877
  • Aug 26, 2010 8:07pm Aug 26, 2010 8:07pm
Hello,

I have been trading daily channels with entry on H4 pretty much same set up just using daily to confirm trend.

Today I took AU short +62 half off as I trade MM a little different. Took half and move to break even just to see if I can get a runner.

Great thread....
Attached Image (click to enlarge)
Click to Enlarge Name: au short h4 trendline.gif Size: 10 KB
  • #878
  • Aug 26, 2010 10:10pm Aug 26, 2010 10:10pm
Quoting SteveHopwood
Using the trade-sending ea's, I discovered they were not sending the 50 pip tp.

Fixes attached.

Hey Steve great stuff on the EA. I have searched everywhere and cant find an alert that works with diagonal trend lines can the EA be used as an alert instead of a EA sound/email on multiple charts?

There was one posted here but it doesn't seem to work...

Thanks
  • #879
  • Aug 26, 2010 10:26pm Aug 26, 2010 10:26pm
Quoting bpips
Hey Steve great stuff on the EA. I have searched everywhere and cant find an alert that works with diagonal trend lines can the EA be used as an alert instead of a EA sound/email on multiple charts?

There was one posted here but it doesn't seem to work...

Thanks

if you do find one please post it. cheers
  • #880
  • Aug 27, 2010 4:37am Aug 27, 2010 4:37am
Quoting bpips
Hey Steve great stuff on the EA. I have searched everywhere and cant find an alert that works with diagonal trend lines can the EA be used as an alert instead of a EA sound/email on multiple charts?

There was one posted here but it doesn't seem to work...

Thanks
Try the attached indi. Double click trendlines and move where ever you want including creating diagonal trendlines. Delete which ever one you don't need. An alert will sound when line is touched.

Regards
Michael
Attached File(s)
File Type: mq4 Line Breakout Alert.mq4   25 KB | 602 downloads
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