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Indicators development for T101's not very simple method

  • #4,141
  • Aug 3, 2011 2:09am Aug 3, 2011 2:09am
Held on to my sell trades... noted the time (Frankfurt/London session about to start), closed my trades...

Then this huge rally came from nowhere and I caught that too!!!

All DEMO of course
Attached Image (click to enlarge)
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  • #4,142
  • Aug 3, 2011 11:10pm Aug 3, 2011 11:10pm
thank you for this knowledge. I trade on demo account to try this method in two months, i got a lot of experience and get a lot of PIPS.
now, i will try this method on live account. I hope it will be good.
IF 27
  • #4,143
  • Aug 4, 2011 12:43am Aug 4, 2011 12:43am
Quoting if27
thank you for this knowledge. I trade on demo account to try this method in two months, i got a lot of experience and get a lot of PIPS.
now, i will try this method on live account. I hope it will be good.
if27

be very careful with your lot sizes, for now don't go above 0.01 until you get firm grip on it, if you ask me I would say open a $500 DEMO account and with 0.01 see how it goes for another 1 month, wish you good luck.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,144
  • Aug 4, 2011 1:02am Aug 4, 2011 1:02am
Quoting Kosomolate
if27

be very careful with your lot sizes, for now don't go above 0.01 until you get firm grip on it, if you ask me I would say open a $500 DEMO account and with 0.01 see how it goes for another 1 month, wish you good luck.

kos
thanks for your advice Kosomolate.
I will try and adhere to the rules
IF 27
  • #4,145
  • Aug 4, 2011 4:40am Aug 4, 2011 4:40am
Quoting Kosomolate
if27

be very careful with your lot sizes, for now don't go above 0.01 until you get firm grip on it, if you ask me I would say open a $500 DEMO account and with 0.01 see how it goes for another 1 month, wish you good luck.

kos
Say Kos when you get the time could you post some pictures with set up of your sells and buys

I am stuck I had 3 or 4 loss baskets only 2 wins live pissing me off I was doing great on demo

went back to demo till getting the knack back

I was doing the 1-15 15-240 now 5-15 15-60
thanks in advance
  • #4,146
  • Aug 4, 2011 5:16am Aug 4, 2011 5:16am
This Bank Of Japan interference has really screwed up the basket today.

After a losing basket overnight, I went Long on GBPJPY,EURJPY,AUDJPY & NZDJPY and Short on EUSUSD,GBPUSD,AUDUSD & NZDUSD.

I have currently recovered my loss from this mornings basket.
  • #4,147
  • Aug 4, 2011 5:48am Aug 4, 2011 5:48am
Quoting dryclean
Could some one confirm
the top pic is a 5 min with 15 has
the bottom is 15-60 has
there are 47 red bars on top
none on bottom

I would think there should be 3 red bars at least on the 15 chart

my 1 hour is showing 2 bars

I reloaded the charts and double check
it just doesn't make sense

Am I missing something
Dryclean,

I loaded the 14 pair basket offline to check for you, and mine definitely looks different to yours.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 15 60 has.gif Size: 15 KB
  • #4,148
  • Aug 4, 2011 5:50am Aug 4, 2011 5:50am
Thanks GVC
I rebooted my computer
now ok
I thought something was off
This is a problem with offline charts not 100% reliable
  • #4,149
  • Aug 4, 2011 5:52am Aug 4, 2011 5:52am
Quoting Gvc
This Bank Of Japan interference has really screwed up the basket today.

After a losing basket overnight, I went Long on GBPJPY,EURJPY,AUDJPY & NZDJPY and Short on EUSUSD,GBPUSD,AUDUSD & NZDUSD.

I have currently recovered my loss from this mornings basket.

Is this the 8 pair you normally / always trade
  • #4,150
  • Aug 4, 2011 5:58am Aug 4, 2011 5:58am
Quoting dryclean
Thanks GVC
I rebooted my computer
now ok
I thought something was off
This is a problem with offline charts not 100% reliable
They lag a little as well.
  • #4,151
  • Aug 4, 2011 6:03am Aug 4, 2011 6:03am
Quoting dryclean
Is this the 8 pair you normally / always trade
Yes, I have only been trading these 8 pairs for a while now.
So far it has been good to me with +85% win ratio.
  • #4,152
  • Aug 4, 2011 3:56pm Aug 4, 2011 3:56pm
3 sell baskets and 1 buy retrace all for profit
just opened another sell over 750 pips
  • #4,153
  • Aug 4, 2011 5:31pm Aug 4, 2011 5:31pm
I asked this once before and got no answer. Look at the picture the difference between the top and bottom yellow line using the cross hairs is
1,408,237 pips

Does anyone know of a formula to see what it really is...

This is a 5 digit broker
Attached Image (click to enlarge)
Click to Enlarge Name: kos2.gif Size: 17 KB
  • #4,154
  • Aug 4, 2011 6:26pm Aug 4, 2011 6:26pm
Hi, I have managed to analyze all data in an Excel sheet. The analysis includes filtering of signals and it is fully automated at Excel level. Anyone knows how to trigger the BUY or SELL Scripts on MT4 automatically from external program such as Excel sheet? In other words, if there is an EA which can talk to Excel sheet to take the signal and trigger the BUY or SELL scripts on MT4 ? Any advise is greatly appreciated.
  • #4,155
  • Aug 4, 2011 6:35pm Aug 4, 2011 6:35pm
Quoting Gvc
This Bank Of Japan interference has really screwed up the basket today.

After a losing basket overnight, I went Long on GBPJPY,EURJPY,AUDJPY & NZDJPY and Short on EUSUSD,GBPUSD,AUDUSD & NZDUSD.

I have currently recovered my loss from this mornings basket.
Gvc, did you realise when you went "Long on GBPJPY,EURJPY,AUDJPY & NZDJPY and Short on EURUSD,GBPUSD,AUDUSD & NZDUSD", you were just trading Long USDJPY but with extra unnecessary spread?
  • #4,156
  • Aug 4, 2011 6:38pm Aug 4, 2011 6:38pm
Quoting FFJason
Hi, I have managed to analyze all data in an Excel sheet. The analysis includes filtering of signals and it is fully automated at Excel level. Anyone knows how to trigger the BUY or SELL Scripts on MT4 automatically from external program such as Excel sheet? In other words, if there is an EA which can talk to Excel sheet to take the signal and trigger the BUY or SELL scripts on MT4 ? Any advise is greatly appreciated.
Hi FFJason,

Sorry I cannot help you with your issue, but I was wondering if you can help me?

Every time I try ='MT4'|BID!EURJPY for example, Excel just freezes up and I've had the MT4 DDE Server running before doing that... anything else I need to do so that Excel doesn't crash?

Thanks,
Mike.

EDIT: I think I know what's happened... I have 3 different installations of MT4... I'll have to remove the 2 I don't use.
  • #4,157
  • Aug 4, 2011 7:49pm Aug 4, 2011 7:49pm
Hi Mike,
PM me and we can discuss it off line .... Cheers ...
Jason
  • #4,158
  • Aug 4, 2011 10:11pm Aug 4, 2011 10:11pm
Quoting FFJason
Hi, I have managed to analyze all data in an Excel sheet. The analysis includes filtering of signals and it is fully automated at Excel level. Anyone knows how to trigger the BUY or SELL Scripts on MT4 automatically from external program such as Excel sheet? In other words, if there is an EA which can talk to Excel sheet to take the signal and trigger the BUY or SELL scripts on MT4 ? Any advise is greatly appreciated.
try this site Jason....http://www.fxdialogue.com/
http://www.fxdialogue.com/Forex-Meta...-Platform.aspx
  • #4,159
  • Aug 4, 2011 11:21pm Aug 4, 2011 11:21pm
Quoting dryclean
I asked this once before and got no answer. Look at the picture the difference between the top and bottom yellow line using the cross hairs is
1,408,237 pips

Does anyone know of a formula to see what it really is...

This is a 5 digit broker
I do not think this is possible.

I have done the exercise many times by placing Horizontal lines over fixed areas & then working out the pips.

The problem is that you do not always get the same dominant currency & therefore the pip value always differs for the exact same amount of pips.
  • #4,160
  • Aug 4, 2011 11:27pm Aug 4, 2011 11:27pm
Quoting the-game
Gvc, did you realise when you went "Long on GBPJPY,EURJPY,AUDJPY & NZDJPY and Short on EURUSD,GBPUSD,AUDUSD & NZDUSD", you were just trading Long USDJPY but with extra unnecessary spread?
Mike, I do realize that all too well.

Ultimately you can break down most baskets to single or more pairs.

The basket is just a preferred trading style with less noise & volatility.IMO
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