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Attachments: Nb 1.0 trend trade system
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Nb 1.0 trend trade system

Quoting Wally1953
This is a technical question. I hope it's okay to post here.

Is there a way to adjust the volume on the alerts independently of my computer's main volume? My job requires me to have the main volume set on full volume, and when the alerts ring out I jump out of my socks.

Thanks for your help.

If you are using vista or win 7, wait for an alert to be triggered (Do not acknowledge it, just let it sound out)

1.) Click on the speaker icon on the taskbar

2.) When the Master Volume box shows up, click on "Mixer".

3.) A second dialog box will show up, you will see several volume sliders (one will be labeled metatrader or something similar), allowing you to individually control the volume for whichever application is currently accessing the sound bus.

Not sure if XP does it also, it has been a while since i used it. Another option would be to replace the soundfile with a more pleasing tone. Just use google to search.
Quoting Tread
If you are using vista or win 7, wait for an alert to be triggered (Do not acknowledge it, just let it sound out)

1.) Click on the speaker icon on the taskbar

2.) When the Master Volume box shows up, click on "Mixer".

3.) A second dialog box will show up, you will see several volume sliders (one will be labeled metatrader or something similar), allowing you to individually control the volume for whichever application is currently accessing the sound bus.

Not sure if XP does it also, it has been a while since i used it. Another option would...
Thank you very much for the quick response, Tread. I will give it a try.
"Be the change that you wish to see in the world." --Gandhi
Thank you for the explanation. So nothing to do with a center of gravity ? I gonna google it

Quoting Tanstaafl7
hmaoui- Do a seach on Triangular Moving Average TMA for the math and explanations from a technical analysis standpoint.

It has its limitations but it is one of the best and simplest ways to visually evaluate over bought/oversold and likely trend reversal points.
Quoting Wally1953
This is a technical question. I hope it's okay to post here.

Is there a way to adjust the volume on the alerts independently of my computer's main volume? My job requires me to have the main volume set on full volume, and when the alerts ring out I jump out of my socks.

Thanks for your help.
You can also turn off the sound of the alert by going to options, events, alerts in MT4. You can x out the alert so it wont sound or you can change the alert sound to something more mellow and not so annoying. You could record anther sound that is very soft and then you can still hear the sound as a very soft alert sound. I used to used Good Vibrations by the Beach Boys there until I got sick of that song.
Do we have to wait for the actual price to hit the red or green lines for a buy or sell or wait for the EMA lines to hit.
Look at something long enough, you will eventually get it. :thumbsup:
Im sorry, but also about the EA's. Do we turn them on when we see these things about to happen or would these things have had to already taken place.
Look at something long enough, you will eventually get it. :thumbsup:
Quoting swissforex
Hi mates

dumb question

I'm novice at NanningBob trading sys
I'm not a novice to Forex

I read the manual 3 times and still don't understand EA Take profit instructions.
Entry rules are very clear to me.
Not the exits with Eas

I've got a SELL opened right now on EURUSD H1 with 1.0 5x5 SELL Robot(demo account).I've manually added my SL on the previous fractal

I've uploaded the proper template (1.0 Take Profit blank screen EA ) on another chart EURUSD 4H TF(as it said in the...
Taking profit is so discressionary that I leave it open to the trader what he wants to do. Some like lower TF and taking quick profits, some like to ride the wave so to speak. I like seeing a nice profit and taking it because I know trading 20+currencies there will be setups almost every day.

The TP template and EAs will work on any TF so you could put it on a 1M to a Monthly chart and the EAs will close when that line is hit. I you think price is going to run for a while because you understand some basic fundamentals and feel that is what the currency is going to do. You can put the trade on a 4H or Daily chart and let it run. If you just want to pick up a quick profit but maybe see if it will run some more you can use a 15M or 30M chart. It is a very versatile tool. So you have to decide what do you like to trade.

Put the template on the screen and check out the different TF. Take the TF you like on this trade, and let the trade run on this template by putting the close buy or close sell on that screen and let the trade run. Either way the 3MA line becomes your TP or SL line. It leaves the decision up to each individual trader. If I know its a big news story I may put it on the 4H chart and let it run for a couple of days. Or put it on the 15M get all the pips you can before it retraces and then let it close out the trade. Discretion is just that. You decide. There aer not hard or fast rules because you dont know what is causing each run on the currency.

Yesterday I thought the GBP/USD was going to run but it didnt and hit my SL at +3 when I had over 60 pips on the table. If I had used the TP screen on the 30M chart I would have kept most of those pips. If price would have run to 100 the close EA would have picked most of it up. So that is why it is there. Depends on the trade, time of day, what is moving the currency, your trading style, etc etc.
Quoting traco1
Im sorry, but also about the EA's. Do we turn them on when we see these things about to happen or would these things have had to already taken place.
Nothing happens until you turn on the EA or you take the trade manually. The EAs are for people, like me, that dont want to sit all day at their computer waiting for the right setup and trade to happen. You see a likely scenario, turn on the EA and let it ride and enter for you. It is a manual trading system but you let the computer enter the trade for you however, you decide to turn on the EA.
I have added the 48MA smooth to my screen to mark the Daily trend. When price moves inbetween it and 240 MA, it lets you know that a trend change or consolation stage has started. I also put the TMA angle on the screen. Here is the pic and template.
Attached Image (click to enlarge)
Click to Enlarge Name: add 48 ma.gif Size: 38 KB
Attached Files
File Type: mq4 TMA Angle.mq4   3 KB | 640 downloads
File Type: tpl 1.1 update screen.tpl   3 KB | 552 downloads
Quoting nanningbob
Nothing happens until you turn on the EA or you take the trade manually. The EAs are for people, like me, that dont want to sit all day at their computer waiting for the right setup and trade to happen. You see a likely scenario, turn on the EA and let it ride and enter for you. It is a manual trading system but you let the computer enter the trade for you however, you decide to turn on the EA.
Ok I understand that, but what I am asking is, do we turn on the EA when we see things about to line up or could we simply say hey we are in an uptrend turn on the EA and simply walk away from the computer ?
Look at something long enough, you will eventually get it. :thumbsup:
Hi Bob,

A quick question which I hope has not already been answered.

I know this strategy is your response to the idiotic new rules for US based traders.

Assuming you could still use a hedging etc. account, would you still choose this strategy over the earlier ones?

Best regards,
Quoting traco1
Ok I understand that, but what I am asking is, do we turn on the EA when we see things about to line up or could we simply say hey we are in an uptrend turn on the EA and simply walk away from the computer ?
Traco, if you follow the rules outlined on the manual, you will turn on the EA after it has crossed outside the respective band and if the 5 x 5 trigger is close enough that you can see yourself getting in at a decent price.

Hope that helps!!
Thank you for the explanation bob!.
If we look at the current chart, the price was crossing the TMA RED line (Upper Channel)
however, if we look at the chart at the time you open the trade, previous price was actually not crossing the RED TMA Line (as per rule).
per your explanation, the angle also need to be considered apart from crossing red TMA Line I supposed.

Rgds
WTjS


Quoting nanningbob
AUD USD trade blue TMA line is south of 240 line You are in a DT and the angle down is looking good. So I took it. The trade looks better afterwards than before but follow the trend. All the Auds look at going south so not much risk in everything not being perfect.
Quoting maninjapan
Traco, if you follow the rules outlined on the manual, you will turn on the EA after it has crossed outside the respective band and if the 5 x 5 trigger is close enough that you can see yourself getting in at a decent price.

Hope that helps!!
Thanks
Look at something long enough, you will eventually get it. :thumbsup:
  • Post #535
  • Quote
  • Edited at 12:30pm Jan 11, 2011 12:10pm | Edited at 12:30pm
Question to anyone that's using the mptm for managing the their open trades.

Other then the default move to +3 BE after 15 pips using the mptm template. Is anyone using a TP or SL along with the mptm. I've always dreaded using the mptm because the settings on it just overwhelming. Jumping, breaking, moving, stopping, tripping and falling over. Sounds like some new type of break dance.

I think I need instructions on how to understand the instructions. ha

thx,
todd
Quoting todd960960
Question to anyone that's using the mptm for managing the their open trades.

Other then the default move to +3 BE after 15 pips using the mptm template. Is anyone using a TP or SL along with the mptm. I've always dreaded using the mptm because the settings on it just overwhelming. Jumping, breaking, moving, stopping, tripping and falling over. Sounds like some new type of break dance.

I think I need instructions on how to understand the instructions. ha

thx,
todd
Proceed to Post #1 of the auto trader thread....All the way at the bottom of the post is Steve's sig file......The home of MPTM....In the group of software there is an excellent info PDF file for MPTM....

It also can be found at the bottom of all of Steve's posts....

whip
thx hiredwhip


todd
  • Post #538
  • Quote
  • Edited at 4:34pm Jan 11, 2011 4:24pm | Edited at 4:34pm
Looks like a valid Sell trade on EUR/JPY to me. What do you think?
Attached Image (click to enlarge)
Click to Enlarge Name: eur jpy.gif Size: 27 KB
Quoting misiek_doopa
Looks like a valid Sell trade on EUR/JPY to me. What do you think?
Hey Misiek,
My 2 cents is this. Although it IS below the 240 the TMA is turning flat which tells me we may be in for a correction. Price is above the 48 MA Bob had us add AND, it has tried to break through 108.00 ( a MAJOR WHOLE NUMBER) for 5 hours or so. I personally would not take it until I see the angle of the TMA turn more down like that of the blue arrow I put on the chart.

Like I said...my 2 cents.

MG
Attached Image
Quoting Matrixxdg
My 2 cents is this. Although it IS below the 240 the TMA is turning flat which tells me we may be in for a correction. Price is above the 48 MA Bob had us add AND, it has tried to break through 108.00 ( a MAJOR WHOLE NUMBER) for 5 hours or so. I personally would not take it until I see the angle of the TMA turn more down like that of the blue arrow I put on the chart. Like I said...my 2 cents.
MG
I know that at this point take it short is a bit risky but MA240 is going down from longer period of time. That's why I assuming EJ shouldn't break 108.00 for long. Yen in other pairs is flat or is going down. I appreciate your 2 cents. And I will pass with this trade. Tommorow I will see was it good call or not. Thx Matrixxdg.
misiek
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