Old Dog Fib Trading - EURUSD | Page 19 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Old Dog with New Tricks 1,056 replies

Old Dog's Taming of the Beast? 34 replies

The Big Dog Trading Secret 272 replies

Old Dog Fib Trading - EA Development 18 replies

Trading The Big Dog Pack ..howllll 26 replies

Attachments: Old Dog Fib Trading - EURUSD
Exit Attachments

Old Dog Fib Trading - EURUSD

  • #361
  • Nov 2, 2010 2:00pm Nov 2, 2010 2:00pm
Indicator

Need someone who can program a little.......there are two indicators, that, when combined, will do what we need.

The first one does the yearly pivot calculation....

The second one does weekly and monthly pivots

Neither does all the levels....but the second one uses arrays and accordingly can draw many lines on the chart. We just need to use the array properly....and adjust how it draws the lines.

Basically, need a pivot and nine levels up and nine levels down....and have it based on Y, MN or W1 as the input. Then 3 instances of the indicator will do what we need it to do.

Is there anyone who can do this....I'm thinking we use the second indicator as the base and use the yearly calculation from the first one.

Chat Room
Is there any interest in setting up a chat room....I think I have a clever way to do it and have a rooms be pair specific...

Trading Forex full time can be a bit lonely as there is no office to go to...and quite frankly, any of the chat rooms I've visited are pretty awful. Maybe someone can point me to a good one. Otherwise, I think we could do a good job on one....me thinks there is a need for it.

Cheers
CanuckCT
Attached File(s)
File Type: mq4 Pivots.mq4   14 KB | 450 downloads
File Type: mq4 ay-pivot.mq4   19 KB | 502 downloads
  • #362
  • Nov 2, 2010 9:38pm Nov 2, 2010 9:38pm
i could participate in a chat room. but i'd love to see someone like old dog, who has extensive experience in the room as well.
  • #363
  • Nov 8, 2010 12:27pm Nov 8, 2010 12:27pm
Here is a much better pivot...one for the month and one for the week...just drop on a chart.

I have another pivot indicator that does yearly calculations....but it it still requires 3 instances of the indicator. I'll post later, after I'm finished reviewing it.

Cheers
CanuckCT
Attached File(s)
File Type: mq4 Old Dog Pivots - Weekly - alerts & levels.mq4   13 KB | 701 downloads
File Type: mq4 Old Dog Pivots - Monthly - alerts & levels.mq4   13 KB | 669 downloads
  • #364
  • Nov 8, 2010 12:45pm Nov 8, 2010 12:45pm
Quoting CanuckCT
Here is a much better pivot...one for the month and one for the week...just drop on a chart.

I have another pivot indicator that does yearly calculations....but it it still requires 3 instances of the indicator. I'll post later, after I'm finished reviewing it.

Cheers
CanuckCT

Thanks a lot...

Cheers !
  • #365
  • Nov 9, 2010 3:14am Nov 9, 2010 3:14am
Quoting CanuckCT
Here is a much better pivot...one for the month and one for the week...just drop on a chart.

I have another pivot indicator that does yearly calculations....but it it still requires 3 instances of the indicator. I'll post later, after I'm finished reviewing it.

Cheers
CanuckCT
Thanks, very good
Any rule specifies using pivots to operate?
From level to level, always waiting to break or any comment in relation to the levels of this indicator?
Hugs
  • #366
  • Nov 9, 2010 5:07am Nov 9, 2010 5:07am
Quoting CanuckCT
Indicator

Need someone who can program a little.......there are two indicators, that, when combined, will do what we need.

The first one does the yearly pivot calculation....

The second one does weekly and monthly pivots

Neither does all the levels....but the second one uses arrays and accordingly can draw many lines on the chart....
the chat room is a good idea...could we use skype...it's good for desktop viewing and call clarity in case we want to share ideas virtually.
The World As It Is Can Do With Your Positive Disposition
  • #367
  • Nov 9, 2010 1:53pm Nov 9, 2010 1:53pm
Quoting toafdawg
i could participate in a chat room. but i'd love to see someone like old dog, who has extensive experience in the room as well.
Hello, all,

I am still here - been away for a few days R&R!!

As you all know, I have been in this business a long time but it wasn't until I ventured into this public forum that anyone asked me to coach them. At first, I was somewhat reticent to do this as I am not sure what I have to offer, other than long experience, which is hard to teach.

However, one very persistent young trader contacted me and asked me to mentor him. I will not give his name in a public forum to save him embarrassment -- he can come forward and "own up" if he wants to http://cdn.forexfactory.com/images/s...m/big_grin.gif.

He had been trying FX for around six months when he contacted me. He had done quite a bit of reading, but had "read too much" and had a mish-mash of a number of different systems in his head.

We have been on Skype several times a week for hour+ sessions for around a month now. In that time, he has come on leaps and bounds. He started very confused indeed, sending me charts that Skyzer would call a "zebra" there were so many lines!!

Now, through sheer hard work and application of a few basic principles, I sincerely believe that he is in a position to trade with confidence and be consistently profitable.

He has all his ideas clear in his head and is now sending me charts with his trading decisions for my assessment. He has all but cracked this!

I cannot tell you delighted I am, both for him and his young family in these difficult times.

But I am also very aware of the sheer amount of my time this has taken, preparing demo charts etc like a college professor!

In short........ I am very happy to take part in a "chat room" if you think I can help, but I am very loathe to give over my whole life (I have less of it left than most of you!).

I don't want to be selfish and I genuinely want to help, but I hope you all understand that I don't want FF to be my life http://cdn.forexfactory.com/images/s...m/big_grin.gif.

Best regards

Old Dog
  • #368
  • Nov 9, 2010 3:04pm Nov 9, 2010 3:04pm
Quoting Old_Dog
Hello, all,

I am still here - been away for a few days R&R!!

As you all know, I have been in this business a long time but it wasn't until I ventured into this public forum that anyone asked me to coach them....
It is really nice of you to teach an young person so that he can take care of his family. There are not too many people in this world who would do that. Thanks and hope one day many more can learn from you, may be on chat room. It is what we leave and do for others , than what we accumulate and alas, leave this world with nothing to show for.

Thanks for your Generosity

Kris
  • #369
  • Nov 9, 2010 3:18pm Nov 9, 2010 3:18pm
Hi to all,

I just finished reading all the thread it’s very nice to see old system with a nice
New approach
Realy nice work thanks.

Regards
  • #370
  • Nov 9, 2010 3:51pm Nov 9, 2010 3:51pm
Young trader -
If you want to share how you trade now after OD's tutoring this is a perfect place for it. Nubees can learn and more experienced traders can look and advise.

It will lighten the load from OD and will vamp this thread to be where it deserves to be - at the front. a month's worth of work for the benefit of all.

peace,
fundemental
  • #371
  • Nov 9, 2010 3:54pm Nov 9, 2010 3:54pm
Quoting Fun Demental
Young trader -
If you want to share how you trade now after OD's tutoring this is a perfect place for it. Nubees can learn and more experienced traders can look and advise.

It will lighten the load from OD and will vamp this thread to be where it deserves to be - at the front. a month's worth of work for the benefit of all.
Great Idea
  • #372
  • Nov 9, 2010 10:40pm Nov 9, 2010 10:40pm
It's not quite what I want...but better as it calculates automatically.
Cheers
CanuckCT
Attached File(s)
File Type: mq4 Old Dog Yearly Pivots1.mq4   14 KB | 522 downloads
File Type: mq4 Old Dog Yearly Pivots2.mq4   14 KB | 503 downloads
File Type: mq4 Old Dog Yearly Pivots3.mq4   14 KB | 560 downloads
  • #373
  • Nov 10, 2010 2:17am Nov 10, 2010 2:17am
Hello Friends

Now that we have many lines on our chart can you post your insight on triggering methods?

Please dont just say price action. As I can show you 100s of false breaks using price action.

What we require is a reliable method to trigger our entry.

Would be really appreciate if you can share some experience on this

Regards
Adler
  • #374
  • Nov 10, 2010 2:20am Nov 10, 2010 2:20am
Quoting CanuckCT
It's not quite what I want...but better as it calculates automatically.
Cheers
CanuckCT
Thank you for your dedication.
  • #375
  • Nov 10, 2010 3:50am Nov 10, 2010 3:50am
Quoting Old_Dog
Hello, all,

I am still here - been away for a few days R&R!!

As you all know, I have been in this business a long time but it wasn't until I ventured into this public forum that anyone asked me to coach them....
Sir, I'm happy that you are willing to be a part of the chat room. I have sent some e-mails to you myself but i guess you are always busy.

any little time that you could squeeze out of your tight schedule would be appreciated and the documents you sent to the guy could also serve as a 'syllabus' so to say for the rest of us to save your time.

thanks and welcome sir.
The World As It Is Can Do With Your Positive Disposition
  • #376
  • Nov 10, 2010 5:14am Nov 10, 2010 5:14am
I would love to be part of this learning opportunity as well if you accept me. It is perfectly understood that for OD this should not become his full time job, and I would respect that 100% off course.
"As Kids we believe Anything is Possible; the Trick is to never forget it!"
  • #377
  • Nov 10, 2010 5:45am Nov 10, 2010 5:45am
OD's approach and the indies certainly make you think harder about key levels, whether they be fib or standard pivot based...in the process i'm beginning to see price more from a supply/demand perspective. Today's GU chart for instance, prior to the inflation report price was fairly evenly balanced (in terms of supply/demand) and ranging, but looking back to yesterday there were a few significant/obvious supply levels to aim for should the news break price long (which it did)...

In terms of entry, i waited for price to break above the 1st supply line which was also around today's pivot and entered long once the level was tested and price bounced...so i'm in from 6059, have an initial tgt of 97 (around the 138.2 ext of the news swing) where i'll take 50% off, stops are now at b/e and if it has the legs i'm looking for the supply around 6150 to take the remaining lots off....i can dream
Attached Image (click to enlarge)
Click to Enlarge Name: 10th Nov GU Supply.jpg Size: 116 KB
  • #378
  • Edited 4:09am Nov 12, 2010 3:58am | Edited 4:09am
Hi, can some one upload the FXPro .srv file/files from config folder as its better
To add it to the servers list than make a new install with alot of settings.

thanks
  • #379
  • Nov 15, 2010 3:11am Nov 15, 2010 3:11am
Quoting Old_Dog
In short........ I am very happy to take part in a "chat room" if you think I can help, but I am very loathe to give over my whole life (I have less of it left than most of you!).

I don't want to be selfish and I genuinely want to help, but I hope you all understand that I don't want FF to be my life http://cdn.forexfactory.com/images/s...m/big_grin.gif.
Hi Old Dog

I genuinely want to participate in any chat room in which you would be involved.

I understand you don't want this to take over your life, but as it seems you have the ability to get someone up and running to trade as per your style within 1 month, I think it need not require much more than this to get a hard core of good traders involved who can take over the reins as you withdraw.

While I wouldn't want to volunteer Canuck for anything, he has already proved his ability to pick up an idea and run with it, and is obviously a giver, as this thread shows. I would have confidence in his involvement, and others of his ilk, so you would not necessarily be on your own.

There's at least another pint of Old Speckled Hen at stake here, and I also have a fine Chianti from a fattoria in Toscana, an organic medal winner, next time you're north of the border and back in GOC.

Regards
Steve
The dream will never die
  • #380
  • Nov 16, 2010 12:57pm Nov 16, 2010 12:57pm
Here is how I'm using the Old Dog pivots.

First, I've removed the 0.10 and 0.16 and added 0.125 and 0.875

The levels that i focus on are weekly and monthly 38.2, 0.50 and 61.8 mostly.

A couple of charts...

Attached Image (click to enlarge)
Click to Enlarge Name: 2010-11-16_1452.png Size: 30 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2010-11-16_1452_001.png Size: 33 KB


Attached Image (click to enlarge)
Click to Enlarge Name: 2010-11-16_1454.png Size: 31 KB


Trade price action in and around those levels....that's enough of a trading system to make money.

Cheers
CanuckCT
0 traders viewing now