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Attachments: Ronnierott's 1 Hour Strategy
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Ronnierott's 1 Hour Strategy

  • #461
  • Mar 16, 2011 5:47am Mar 16, 2011 5:47am
Quoting .Hawk.
that's true peter !

meanwhile check out this expert advisor for visually editing SL or TP through movable lines , i had been looking for this for weeks now & finally found it on FF itself today

regards
rishi
Nifty thanks alot
  • #462
  • Mar 17, 2011 3:15pm Mar 17, 2011 3:15pm
Hi All, hows the trading going this week? I've taken a back seat while the turmoil continues
  • #463
  • Mar 17, 2011 3:36pm Mar 17, 2011 3:36pm
Quoting stricky1967
Hi All, hows the trading going this week? I've taken a back seat while the turmoil continues

Hello Stricky,

It's been pretty good............ Will be posting my results at the weekend.
  • #464
  • Mar 17, 2011 4:02pm Mar 17, 2011 4:02pm
Quoting .Hawk.
waiting for the macd line to come inside coloured area

http://img714.imageshack.us/img714/2969/ronnie4.gif



regards
rishi
I have been having a wee look at this system.
What are the settings on the MACD?

thx!

PGPB
  • #465
  • Mar 17, 2011 4:48pm Mar 17, 2011 4:48pm
Quoting pgpb
I have been having a wee look at this system.
What are the settings on the MACD?

thx!

PGPB

35,70,1,12

All settings are in the first few posts...
  • #466
  • Mar 17, 2011 11:43pm Mar 17, 2011 11:43pm
hawk..saw ur screen cap
where can i get your multi time frame indicator on the top right corner ??
  • #467
  • Mar 18, 2011 1:34am Mar 18, 2011 1:34am
hi nikita

i came across this wonderful indicator in lawgirl's thread
" Trade What You See - Almost Naked Trading ".

please find it attached with this post.

regards
rishi
Attached File(s)
File Type: mq4 Lawgirl's Trend Display v1.02.mq4   13 KB | 526 downloads
  • #468
  • Mar 18, 2011 1:59am Mar 18, 2011 1:59am
Quoting .Hawk.
hi nikita

i came across this wonderful indicator in lawgirl's thread
" Trade What You See - Almost Naked Trading ".

please find it attached with this post.

regards
rishi
Looks interesting, wonder what criteria it is using for trend, anyone quickly or I shall go read the other thread?
Attached Image (click to enlarge)
Click to Enlarge Name: lawgirl_indi.png Size: 275 KB
Canadian by birth Australian by choice
  • #469
  • Mar 18, 2011 3:07am Mar 18, 2011 3:07am
Quoting TheSnowman
Looks interesting, wonder what criteria it is using for trend, anyone quickly or I shall go read the other thread?

c_val = iRSI(TradePair[i], TradePeriodTF[j], 3, PRICE_CLOSE, 0);
p_val = iRSI(TradePair[i], TradePeriodTF[j], 3, PRICE_CLOSE, 1);
delta_val = MathAbs(c_val - p_val);

period 3 , closing price, difference between current and last price shift greater than a certain amount == if(delta_val > ValueChange_2)
  • #470
  • Mar 18, 2011 3:10am Mar 18, 2011 3:10am
i just got stopped out for GU buy..did anyone got stopped out too ??
  • #471
  • Mar 18, 2011 4:57am Mar 18, 2011 4:57am
Quoting nikita
i just got stopped out for GU buy..did anyone got stopped out too ??
Hi Nikita

I think the markets all over are very volatile after the terrible events of the past week
All currencies are sporadic in movement at the moment
I have not bothered with the 1 Hour chart this week , just been scalping here and there
  • #472
  • Mar 18, 2011 11:00am Mar 18, 2011 11:00am
yea i agree.. but not tryin to be negative ere..
but i have been tryin this method out for 2 weeks..
losses are more than winning.. and ive tried 30m,1h,4, even to 1d...
im hoping its just me.. as i placed certain confidence into this system..
does anyone has better luck using this/ better results using this in live?
thanks again
  • #473
  • Mar 18, 2011 10:19pm Mar 18, 2011 10:19pm
nikita

IMHO two weeks is not a considerable period to give up on a strategy.
i have had six trades so far & four have won

stick on one time frame, H1 seems to be idle most of the time

USDCHF has done very good on this strategy for me, trade only four pairs

i am on demo & you are maybe live .. i suggest to try this strategy for two months on demo first ( u"ll know if it's fear or "live" which ruins game)

keep eyes zoomed on only good setups & follow lawgirl's trend display as an additional filter .. make sure while taking trade atleast H1,H4,D1 agree with trend direction or atleast H1,H4 should, for me D1 is a dictator as well.

i showed this great strategy to one of my friends & he quickly realised it's worth by giving an example of a professional trader who made lot of money by just playing within strong trends (bounce/retrace) instead of breakouts, though people earn from BO as well.

in the end, PLEASE POST CHARTS OF TRADES.

regards
rishi
  • #474
  • Edited 10:34am Mar 19, 2011 12:28am | Edited 10:34am
Results of trades for w/ending 18/03:-

14/03 G/J -100
14/03 E/U B/E
14/03 U/C +100
15/03 U/C +100
15/03 G/J +100
16/03 G/J +100
16/03 U/C +100
17/03 G/J B/E
17/03 U/C still in play currently -8
18/03 G/U -100
18/03 G/U still in play currently +55, SL @ B/E
18/03 E/U still in play currently +90, SL @ B/E

Have closed the E/U & G/U trades due to it being Friday. Don't want to risk the possible gap.

Higher than usual number of trades and a very profitable week.

If anyone wants charts, so as to clarify, then just let me know........
  • #475
  • Mar 19, 2011 2:08am Mar 19, 2011 2:08am
hawk.. yes i agree on your opinion..and thats y i am still followin this thread..and i do admit 2 weeks is very short to demo..that is why im hoping bad results are coming from me..

ronnie..impressive results..need to ask..all your trades placed are only in 1h ??
  • #476
  • Mar 19, 2011 2:42am Mar 19, 2011 2:42am
Quoting nikita
hawk.. yes i agree on your opinion..and thats y i am still followin this thread..and i do admit 2 weeks is very short to demo..that is why im hoping bad results are coming from me..

ronnie..impressive results..need to ask..all your trades placed are only in 1h ??

Yes.

Between 0600 & 1800 GMT
  • #477
  • Mar 19, 2011 11:48am Mar 19, 2011 11:48am
Quoting ronnierott
Results of trades for w/ending 18/03:-

14/03 G/J -100
14/03 E/U B/E
14/03 U/C +100
15/03 U/C +100
15/03 G/J +100
16/03 G/J +100
16/03 U/C +100
17/03 G/J B/E
17/03 U/C still in play currently -8
18/03 G/U -100
18/03 G/U still in play currently +55, SL @ B/E
18/03 E/U still in play currently +90, SL @ B/E

Have closed the E/U & G/U trades due to it being Friday. Don't want to risk the possible gap.

Higher than usual number of trades and a very profitable week.

If anyone wants charts, so as to clarify, then just let me know........

nice, thanks for the update
  • #478
  • Mar 19, 2011 12:42pm Mar 19, 2011 12:42pm
Quoting TheSnowman
Looks interesting, wonder what criteria it is using for trend, anyone quickly or I shall go read the other thread?
RSI 3 period. Each time frame...If the RSI is pointing 12oclock -2oclock it's considered long..2-4 considered flat..4-6 considered short.
  • #479
  • Mar 21, 2011 11:42am Mar 21, 2011 11:42am
Trades taken today:-

G/J buy @ 131.40. Currently + 63, SL @ B/E

E/U buy @ 1.4172. Currently + 34.
  • #480
  • Mar 21, 2011 11:49am Mar 21, 2011 11:49am
Quoting ronnierott
Trades taken today:-

G/J buy @ 131.40. Currently + 63, SL @ B/E

E/U buy @ 1.4172. Currently + 34.


Hi Ronnierott, do u mind putting in these 2 pairs in terms of charts, so we know where your entry point is, ie which part of the day u executed them?

this way, we can learn better.

thanks in advance
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