....also, from your charts, you have a 4 digits broker ? so on the template you gave it should work with 5 digits broker i think. still perplex about your template though.
- #143
- Aug 9, 2011 10:45am Aug 9, 2011 10:45am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
Hi Forexcube,
The templates you provided, there isn't any indicator. How did you make the grid ?
Like this #28.
Not so smart! I know!
Forexcube, try this one, it's EA and you can adjust lines just by dragging. If I get time this week I might add to open 2 positions at same time for 2 profit levels. Or you should ask Steve H. he might get on board with EA.
I can't seem to get it to work though. I have installed it in my MT4 but how do I use it?
I have tried dragging it onto the chart but nothing happens. I have tried opening a position and then adjusting the SL/TP by dragging the lines but nothing...
Please help
- #145
- Aug 9, 2011 12:22pm Aug 9, 2011 12:22pm
I have been looking for this functionality for quite a while so thank you for this.
I can't seem to get it to work though. I have installed it in my MT4 but how do I use it?
I have tried dragging it onto the chart but nothing happens. I have tried opening a position and then adjusting the SL/TP by dragging the lines but nothing...
Please help
So put it in your expert folder, then when you place it on chart it shows 2 lines (green/red) buy stop and sell stop, which are dragable, move it where you want to be and then it will self adjust orders. Works fine on FXDD, if doesn't works in your case maybe is broker thing .. not sure ..
- #146
- Aug 9, 2011 1:25pm Aug 9, 2011 1:25pm
- Joined Nov 2009 | Status: Trader | 27,245 Posts
Scalping Example
EURUSD, M1, Grid-5, 2011 August 09
Profit: + 3'987.52 $
EURUSD, M1, Grid-5, 2011 August 09
Profit: + 3'987.52 $
- #147
- Aug 9, 2011 1:48pm Aug 9, 2011 1:48pm
Scalping Example
EURUSD, M1, Grid-5, 2011 August 09
Profit: + 3'987.52 $
Holy Mother ! I feel dizzy...
I know it's true, I had another monitor chart next to me
If I traded only 25 percent of the value of small lots of yours...
(unfortunately are forced to learn now to draw 2D in Auto CAD-
"serien fertigung" )
I think i need to think more seriously about FOREX...
... later have to pay the bills for school for children...(with a normal full time job, little chance )
Sorry eng.
All the best !
- #150
- Edited 7:35pm Aug 9, 2011 6:02pm | Edited 7:35pm
- Joined Nov 2009 | Status: Trader | 27,245 Posts
- #151
- Edited 7:33pm Aug 9, 2011 6:05pm | Edited 7:33pm
- Joined Nov 2009 | Status: Trader | 27,245 Posts
Example
EURUSD, M1, Grip-5, 2011 August 10
EURUSD, M5, 2011 August 10
Go out with the last order at the Support Line.
By switching at M5 the support is very clear.
Profit: +1'499.40$
The Results below was a Strategy-Combination with #150.
EURUSD, M1, Grip-5, 2011 August 10
EURUSD, M5, 2011 August 10
Go out with the last order at the Support Line.
By switching at M5 the support is very clear.
Profit: +1'499.40$
The Results below was a Strategy-Combination with #150.
- #153
- Edited 7:11pm Aug 9, 2011 6:52pm | Edited 7:11pm
- Joined Nov 2009 | Status: Trader | 27,245 Posts
- #156
- Edited 7:26am Aug 10, 2011 7:03am | Edited 7:26am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
- #157
- Edited 9:19am Aug 10, 2011 7:24am | Edited 9:19am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
Live Trading
EURUSD, M1, Grid-5, 2011 August 10
(~14:00 GMT+2)
Long @ 1.4350
SL @ 1.4345
It's more ranging so I'll try to trade a dynamical box scalping and only for several pips (1-5 pips) and let the other trades run to 1.4355, 1.4360, may be further on.
Profit: +30 pips
You dont have to wait if the Stop Loss has triggered, when scalping dynamically. Often it's so that the Market could change when New York opens the market (see #158). Get out as soon as possible. Profit is Profit! It doesn't matter how many. If you take out it several a day (additively here 15 pips, there 5 pips, then 30 pips and so on...) you could earn enough money.
- #158
- Aug 10, 2011 7:41am Aug 10, 2011 7:41am
- Joined Nov 2009 | Status: Trader | 27,245 Posts
...and a little later?
Market has suddenly turn around after New York Open Time. Here you could realize also the importance of a Trailing Stop. For me it's not the question if I have passed the profit when the market turns abrupt and are running extremely in the contrary direction. Of course not!,... except if you are a clairvoyant.
Take it easy. Next chance will come!
Market has suddenly turn around after New York Open Time. Here you could realize also the importance of a Trailing Stop. For me it's not the question if I have passed the profit when the market turns abrupt and are running extremely in the contrary direction. Of course not!,... except if you are a clairvoyant.
Take it easy. Next chance will come!
