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Joined Dec 2006
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Status: The price is right.
|782 Posts
Have'nt seen to many trades being posted as of late, makes me wonder ... Is anyone actively trading this method ??? Feedback (charts) anyone?
I suspect some traders may have "bolted" Golden Finger (Goldminer) onto their existing systems. If anyone has done that - would be nice to see some comments too.
Stay calm, be brave, wait for the signs - Jasper Friendly Bear
I have been watching this thread but it seems to have died. The problem is you can not take every trade with Gold Finger and I think that is what people are trying to do. I have stayed on the 1H time frame and have been testing Gold Finger with using Fractals to determine if market is up or down.
There is a fairly simple way to read market trend. An uptrend is higher highs and higher lows. I use fractals to tell me where the highs and lows are. A new high (NH) is followed a higher low. That low becomes an "active low" (AL) when the market takes out the last NH. Sooner or later when the market makes another low that low does not become an AL but is called Most Recent Active Low (MRAL).
As long as we have NH and AL we only buy Golden Finger signals. Once a MRAL is taken out we wait until a new trend is confirmed.
I have been watching this thread but it seems to have died.
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tortoise, I am using the Golden Finger + EA as a scalper. EURUSD, 1 Min, London Session, Risk 25, tp 10 for 90% of the trade, the rest I let run. SL is 13 pips. For 1 1/2 weeks it makes very consistent profits.
The only problem was last Monday. After 2 loosing trades I stop, it shows that the market is too flat.
It runs semi-automated, I have a close watch on it. If there is a strong trend I only take trades with the trend, which the EA lets me do. Most sessions there are 3 to 5 trades... I guess you can use the Golden Finger in many ways. Like you, I found a system that works very well...
tortoise, I am using the Golden Finger + EA as a scalper.
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Silicus, Which EA are you using? The one posted on #324 (Golden Finger EA SG58)? I have tried everything I could think of and it still is not working. I tried 1H, 15M, used Goldenfinger (without space), set SL and TP to 0, set SL and TP to false. Nothing seems to work. What am I missing?
I run other EA's so MT4 is set right and I get smiley face when I put EA on chart.
As far as my Fractal method. I have gone back through Jan using this and see that it would make money on GBP/USD and EUR/USD. I use a SL 40 and TP 40. But without an EA I am missing too many trades. If I could get EA working I would post live results if they are good.
Yes, I use 'Golden Finger EA SG58'. Make sure you have 'ECN' selected or try not to use the SL TP funtion and let the 'Multi Purpose Trade Manager' do this for you. It works great for me. What broker are you using?
Yes, I use 'Golden Finger EA SG58'. Make sure you have 'ECN' selected....
What broker are you using?
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I am on IBFX demo. I had 'ECN" set to true and it made 9 trades in less than a minute before I could turn it off. It gets in and then out right away so I just lose spread. It made those trades without a new signal. The last signal was 8 bars back.
I was on another forum and the person that wrote the EA for that system said with IBFX you need to set 'ECN' to true.
I have SL and TP set to false and value set to 0. I am using GoldenFinger (without space).
So a signal just happened as I was typing and no trade was made. This is when 'ECN' is now set to false.
Are you using an American broker? I just tried FXDD demo and got same results of EA opening a trade and then closing it on next tick.
Has anyone used this EA with an American broker?
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I just finally got it to work with IBFX here in the US. I had the same problem you mention in it kept opening and closing orders.
I set all of the TP and SL to false and ECN to true. In the EA code, i have Golden Finger with a space and it looks like you need that indicator in your indicator folder (i think, i am not an EA expert by any means). I assume you have that.
Just did some more tests. I have the same opening and close issue on FXCM. It works fine on Interbank and IBFX.
starlimit, could you have another look at this issue? Maybe put a 1 min pause after opening a trade??? It seems to go into some kind of loop... Don't know much about the programming side of things...
I just finally got it to work with IBFX here in the US. I had the same problem you mention in it kept opening and closing orders.
I set all of the TP and SL to false and ECN to true. In the EA code, i have Golden Finger with a space and it looks like you need that indicator in your indicator folder.
Hi rohule. In your post #294 I saw on your chart an indicator which shows the remaining time (2 minutes 4 seconds left to bar end) of a candle stick which I find very useful and helpful. Can you please share it? Thanks in advance!
Hello dynel14. In your post I saw on your chart an indicator which shows the left time (<8:55 (8 minutes 55 seconds left to bar end)) and the spread (Spread: 10 points.) of a candle stick. I find this very helpful and useful. Can you please share it with me? Thank you much!
Hi all,
New on the forums but have read many threads.... this is my first post (hope I do it all ok...)
Implemented the Bible system a couple of weeks ago... really like it, and have had some success. Don't recall where (which posts) contained the components, as I didn't make a note of them at the time.
My question is, regardless of the time frame I'm using... I usually use 5-min charts and then have 15-min charts on the laptop... after a period of time, the Golden Finger indicator (the dots that appear above / below candles to indicate sell / buy) stop displaying, and I do not get any more pop-up alerts. Only when I switch to a different time frame and back again are the indicators refreshed... they appear on candles that have passed... and the alerts start again.
Has anyone else experienced this? Is there a component I'm missing or that may be an older version?
Would really appreciate any help.
Thanks very much...
Hi all,
... after a period of time, the Golden Finger indicator (the dots that appear above / below candles to indicate sell / buy) stop displaying, and I do not get any more pop-up alerts. Only when I switch to a different time frame and back again are the indicators refreshed... they appear on candles that have passed... Is there a component I'm missing or that may be an older version?...
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I am starting to find the same issue. I wish I knew what the Golden Finger was. One thing I did was started using the version without the space. Something else that may be an issue. My MT4's that I run start to slow down after awhile. I watch a lot of charts. I read somewhere that this might be due to the historical data base getting too big. What I do is remove my folders that have my user files in them, Indicators, Templates, etc. Then I download new MT4's, replace my folders and start over. This helps speed things up but I don't know if it will help Golden Finger.
starlimit, could you have another look at this issue? Maybe put a 1 min pause after opening a trade??? It seems to go into some kind of loop... Don't know much about the programming side of things...
Thank you very much!
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Ok..Iv been off the thread for a while due to some programming issues...as regards yo multiple entry..this is evident in the old version except you disable some properties and enable some.Ive actually fixed the bug. below is the latest version{ at least till I finish with the trend and ranging properties of the new version}.Do remember that Ive included the ECN functionalty but you still need to change the Indicator function to GoldenFinger or Golden Finger-depending on the one you have installed,and you can play around with the properties and see how it works. The only issue I currently have is why it will not place orders on M1 during forwardtesting { even though it does while backtesting}.If you still have any problem let me know.
As regards people complaining about the golden finger not displaying after a while..I think this has to do with terminal issues{copy necessary folders and reinstall the terminal}
