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Indicators development for T101's not very simple method

  • #3,661
  • Feb 3, 2011 5:51am Feb 3, 2011 5:51am
a nice week as far as kos and BTS is concerned

the entry point is not in doubt its very clear, if the eyes are very patient they would surely see the nose.

the offline chart is one of the coolest things that happen to BTS

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #3,662
  • Feb 3, 2011 6:19am Feb 3, 2011 6:19am
Hello

someone just mailed to ask how was last week? well this is it
one small loss in red box
and 2 small profits in blue boxes

kos
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John 3:16 - From THIS love no power on earth can me sever.
  • #3,663
  • Feb 3, 2011 9:58am Feb 3, 2011 9:58am
From looking at those 2 charts you posted, what was your reasoning for entering and exiting in those spots? Did you use one indicator, or multiple? Thank you and congrats on a good week, thus far!
  • #3,664
  • Edited 10:31am Feb 8, 2011 10:00am | Edited 10:31am
Months ago I was interested in historical highs and lows on the offline chart.
I placed manually, a solid blue line where there was a high, and a solid red line where there was a low.
I found that there was a center point which I highlighted with a yellow line.
(...another member mentioned that, that point was called "The Point of Control")
This was months ago...remember.

Looking at the chart today, we see that lines drawn months ago still seem to matter in regards to price action.



Quoting StephenS
Hi Texmade.

...but I just can't figure out your yellow "point of control" . Can you tell us how the lines on your chart are made? Is it similar to a sixth's indicator? Is it an indicator you can share? Many thanks for all of your informative posts - I believe you're the only one who really has taken basket trading / relative strength to a new level. Thanks again - Steve
  • #3,665
  • Feb 8, 2011 10:02am Feb 8, 2011 10:02am
Here is the chart at maximum reduction

Rarely do I add another red, or blue line...
Attached Image (click to enlarge)
Click to Enlarge Name: chart1.gif Size: 41 KB
  • #3,666
  • Feb 9, 2011 1:56am Feb 9, 2011 1:56am
Yes TEX and thanks for yor remark.

GVC said it befor.

He also said that that it is more understandable at 8 pairs since its structure.

I also can see from that that the whole market is going to to have a very strong DROP...

Just be careful.


Quoting texmade1
Months ago I was interested in historical highs and lows on the offline chart.
I placed manually, a solid blue line where there was a high, and a solid red line where there was a low.
I found that there was a center point which I highlighted with a yellow line.
(...another member mentioned that, that point was called "The Point of Control")
This was months ago...remember.

Looking at the chart today, we see that lines drawn months ago still seem to matter in regards to price action.
  • #3,667
  • Edited Feb 11, 2011 12:36am Feb 10, 2011 12:39pm | Edited Feb 11, 2011 12:36am
That's what I see too...
The big money is gradually ramping up the pairs across the board.
Then they will have a big drop...

But they can't let it drop beyond the latest low from weeks ago(Edit: the low near the start of Jan.)
Because there is a strong intent NOT to start currency/trade wars
Which is what might happen if one country allowed their currency to drop more than the rest.

It will be interesting to see how the BIG MONEY works it these days, and how the Central Banks try to manage their manipulations.

WE have all been waiting for the drop...lets hope it's long and steep



Quoting crossy
Yes TEX and thanks for yor remark.

GVC said it befor.

He also said that that it is more understandable at 8 pairs since its structure.

I also can see from that that the whole market is going to to have a very strong DROP...

Just be careful.
  • #3,668
  • Feb 10, 2011 4:02pm Feb 10, 2011 4:02pm
Quoting idash
Here you go, it was posted a while back in this thread.
Which version is the best to use? This one or the one made by zz? They both give different indications so I don't know which one to trust. Thanks for any help.
  • #3,669
  • Feb 10, 2011 6:32pm Feb 10, 2011 6:32pm
Hi guys, its been ages since I follow up this thread. Looks like out of the few old contributers I know of, only texmade and kos remained. New readers are digging up very old indicators right from the beginning pages.

Hmm, I would like to know how many readers of this thread are using texmade's strategy. Cause out of all strategies available in this thread, I haven't experimented on tex's one. Would of course love to some day. =]
  • #3,670
  • Feb 11, 2011 3:04am Feb 11, 2011 3:04am
Hi!
this week did not bring anything on BTS base on my way of doing it,

However, single pairs brought more profit to me. I still close the week with +600 pips doing EJ, EU, UJ, UC. same method I use on basket, put the indicators on 4HR TF single pairs and see what I see. Its not by force to do BTS.

Remain blessed all

kos
Attached Image (click to enlarge)
Click to Enlarge Name: feb6-11wk.gif Size: 14 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #3,671
  • Feb 12, 2011 9:33pm Feb 12, 2011 9:33pm
If anyone has taken T101's mentoring class and would be willing to speak with me, I would appreciate it if you would PM me. Thanks.
  • #3,672
  • Feb 15, 2011 10:18pm Feb 15, 2011 10:18pm
Is anyone willing to develop ea out of this volume indicator. When price prints red candle(upmove) on h4 only on gu and us/cad to open 2 lots. First lot to be closed at 25 tp pips and second one stop loss to be placed and BE and let it run for 75 pips. I am willing to pay after the ea is created and works properly.
Thanks
Attached File(s)
File Type: mq4 BetterVolume ChartBars part1 1.4.mq4   5 KB | 589 downloads
  • #3,673
  • Feb 15, 2011 10:42pm Feb 15, 2011 10:42pm
bonus76,
Please create your own thread about this in the Platform Tech section and stop interrupting other threads!
  • #3,674
  • Feb 16, 2011 1:59am Feb 16, 2011 1:59am
hi disbellj,

Is there a way to look back the T101 data upto 60 Days, 90 Days, 180 Days..in the orest indicator we have upto 30 days..30 days it seem is low...the trend seems to last for couple of months or more...

We had excel file earlier, but can't find that now...Thanks
  • #3,675
  • Feb 17, 2011 3:10am Feb 17, 2011 3:10am
No longer working on T101.

Lost my job and must now do my own thing to try and survive.

I don't have the consistency yet that I need (that Tex has and it seems funny or a joke to him that some of us others are struggling while he touts pips). I tried to make an EA for him, but when I tried to implement EXACTLY what his picture he last showed, he said I made that up in my head. He said that he didn't buy at top (in red) and didn't sell at bottom (in blue). So apparently he hasn't bought the basket since in the blue lines at bottom and has only ben selling right? I doubt it. Like I said, I tried to understand and implement, and was pretty much made fun of for not understanding and implementing it right, yet I did just as what was showed in his last picture and first instructions given. I made my EA that way and it wasn't profitable, so I figured I misunderstood something. But it was no joke to me then, and it's no joke to me now. Being broke (and things keeping going downhill) is no joke.

I tried for over a year on T101 and made 3 EAs on Kos' strategies (one posted here), one for Gvc and his strategy, one for Julius' 14 pair "Empire Strikes Back" strategy (as referred to in the PDF), as well as many other EAs for individuals both single-pair and T101.

I have received very little in return, and to this day don't know if any EA I've made is profitable. I've been a prolific EA writer, but since I can't test all the EAs I've wrtitten, and I get little feedback, and pretty much have no coding partner to help when I can't fix things, I am coding no more. I can't afford to screw around any more.

I must trade live on my small account that I've lost over half of on in the last week (at just under $200) now, but by God's grace (and only by His grace) I'll become a profitable trader and not have to get another job working for someone else.

I've done what I could. Blessings to you all. Lord knows I need blessings myself too. As for the believers out there, please pray that He works in my situation quickly to turn things around.

Regards,

Don
  • #3,676
  • Feb 17, 2011 8:22am Feb 17, 2011 8:22am
Quoting disbellj
I must trade live on my small account that I've lost over half of on in the last week (at just under $200) now, but by God's grace (and only by His grace) I'll become a profitable trader and not have to get another job working for someone else.

I've done what I could. Blessings to you all. Lord knows I need blessings myself too. As for the believers out there, please pray that He works in my situation quickly to turn things around.

Regards,

Don

Don,
Wish all the very best and good luck.
Have faith that things will turn out for better. You have been very sincere with your efforts and contribution here.
"Put all your efforts in becoming effortless"
  • #3,677
  • Feb 17, 2011 2:22pm Feb 17, 2011 2:22pm
Over the years passed I think original idea of having basket of equal lots pairs has a core flaw. If you are sucessfully trading this method as it is then never mind, I'm expressing my thoughts here. Think about it. Look how the basket moves on the chart. Right, like JPY pairs move. Question: why bother to trade the basket at all? Just trade any JPY pair. How can we equally consider pairs like EUR/GBP and GBP/JPY in the same basket? It's like compare a Porshe and a donkey. So, I'm not original here - the real basket shouldn't consist of equal lots. It must be like this to be called a real basket:

basket = 0.3*GBPJPY+4*EURGBP+0.8*USDJPY+...

It's just an example, not the real multipliers, but you should get an idea.
  • #3,678
  • Feb 17, 2011 2:38pm Feb 17, 2011 2:38pm
Quoting Orest
Over the years passed I think original idea of having basket of equal lots pairs has a core flaw. If you are sucessfully trading this method as it is then never mind, I'm expressing my thoughts here. Think about it. Look how the basket moves on the chart. Right, like JPY pairs move. Question: why bother to trade the basket at all? Just trade any JPY pair. How can we equally consider pairs like EUR/GBP and GBP/JPY in the same basket? It's like compare a Porshe and a donkey. So, I'm not original here - the real basket shouldn't consist of equal lots....
WOW!!! The first intelligent post in the past 100 page.
  • #3,679
  • Feb 17, 2011 5:10pm Feb 17, 2011 5:10pm
Quoting Orest
Over the years passed I think original idea of having basket of equal lots pairs has a core flaw. If you are sucessfully trading this method as it is then never mind, I'm expressing my thoughts here. Think about it. Look how the basket moves on the chart. Right, like JPY pairs move. Question: why bother to trade the basket at all? Just trade any JPY pair. How can we equally consider pairs like EUR/GBP and GBP/JPY in the same basket? It's like compare a Porshe and a donkey. So, I'm not original here - the real basket shouldn't consist of equal lots....
Agree! Took me ages to "get this" until I got my a55 handed to me on the Three Pairs Hedging thread!
  • #3,680
  • Feb 17, 2011 10:29pm Feb 17, 2011 10:29pm
Its saddening to see a great contributor leave this thread.

Don, thank you for your hardwork in coding strategies over the years. Your efforts are very much appreciated by many here. I am sorry for your losses.

May the Lord bless you in your future endeavours and many pips ahead.

All the best in Life, Don.
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