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  • #1,381
  • Sep 17, 2011 3:03pm Sep 17, 2011 3:03pm
Right, thanks for your time...I already have the master tpl and will work on a tpl for each pair this weekend.
Thanks again
Think Outside the Box.....
  • #1,382
  • Sep 17, 2011 3:32pm Sep 17, 2011 3:32pm
  •  fivex
  • | Joined Sep 2011 | Status: This is the title that appears | 247 Posts
I'm in, only up to page 40 so it will be a while before I catch up with the rest of the class. Now working it from step one, I have spent the last few days manually placing boxes on CZs and just now loaded the custom indie from Squalou (thanks man, same to all others that have put in work)
going to continue reading and hope to be caught up soon.

Ignore the trade in the chart, its from another deal... This is what i have up to this point, looks like I'm missing a few of the CZs but I am sure i will dial in the settings as I continue to read.

Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: stairstep breakouts.gif Size: 35 KB
  • #1,383
  • Sep 18, 2011 12:13am Sep 18, 2011 12:13am
Quoting forexhard
RM, You are not asking anything new. Your questions are old ones, and they have already been answered 10 times each somewhere in the thread.

Again, this system has only a few basic rules, and each of them are extremely important because there are so few rules in the first place. Break one, and the rest no longer do their job, either.

If you are going to continue challenging me in this way, then I will have to ask you to stop posting your charts in here. Maybe a better place would be to open your own Trading Journal. In here I expect...
I am not challenging anyone....the teaching trade must be always open for any discussion....everyone here know about the rules even your not post it on the post#1 if u are really wants the uniformity....sometime you do wrong FxH....but not all mistakes should be ban!

The first idea to this thread is Very Small Consolidation Zone's, and thanks to Squalou to make it better by created a very solid indi for this....
I am not Gaugasian and you are not Mendelbrotian....we are just half breed from them, so please lower your arrogancy just a little bit more and stop make everyone confuse with your contradiction character's....

But, Thanks for everything I've got here and thanks for everyone especially for U (FxH), Squalou, and others. I will not post again in here.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #1,384
  • Sep 18, 2011 12:55am Sep 18, 2011 12:55am
Yes, RM, you are challenging me. I say please keep your CZ's this big, and you answer, no I want to do things differently. You give no logical reason for this choice, only that you want to do it even though I have said not to.

Also, I never threatened to ban you. I just said to stop posting your charts (pictures) in here showing the wrong sized CZ's. I never said you had to go away. If I wanted you banned, I would have done it already. But no. You are still free to post here, even now.

Calling me names (arrogant) only creates a personal conflict between us. It is not necessary to call names in order to get my attention or to try to make me see things your way. Please consider this before your next post.

You can stay, or you can go. The choice is yours. But if you stay, I expect your chart pics and your trading style to remain uniform to the system I am teaching. Good luck in what ever you decide.

FxH
To improve is to change. To perfect, is to change often.
  • #1,385
  • Sep 18, 2011 2:55am Sep 18, 2011 2:55am
Quoting forexhard

You can stay, or you can go. The choice is yours. But if you stay, I expect your chart pics and your trading style to remain uniform to the system I am teaching. Good luck in what ever you decide.

FxH
Okay FxH....No more offense.... Apologize for this sake....better keep my head clear and cool....Lets make this uniformly.

I will stay and will apply "our's" way

Quoting FxH
Here are the steps I use to setting up my charts:

First, I only trade using a hard pip value (ADR=False), but I use the ADR for finding that hard value as I set up my individual templates.

1. 24 bars/0/0/ADR=True=100/.2. Recommended for M15 charts. For other TF's, the bold settings need to be adjusted.

2. Make a standardized master template with the above settings which can then be dropped onto any M15 pairing.

3. This master template will immediately show the average height of the CZ's found on that chart. Simply look for the values painted under each CZ. Say the numbers for the last few CZ's are 27/31/29/29/30/33. So it's easy to see that 30 is a good height to go with. Maybe even 28 or 29 if you want to go for a tighter (better quality) CZ. If the values are more like 12/12/15/11/12/13, then 12 would be my hard pip setting for that pair -- and this is basically what I see when I test U/J this way.

4. Once you have made this master test, simply change this value: "0" to: 12 (or 30, or what ever), and switch the ADR to False. Your template is exactly the same as before, except that now you are finding CZ's based on a hard pip value.

5. Save this new template with the pair name. Now you have the original master template, plus one for the specific pair. The whole operation took less than 2 minutes.

I have about a dozen customized templates made exactly this way, which allow me to trade with a hard pip value for any pair and any time frame I am comfortable with.

For smaller time frames I recommend adding more bars (e.g., 30 or 40 instead of 24), and less for higher TF's.

Note: In all of my testing I have only seen 2 pairings where the CZ ought to be bigger than 30 pips high. One is XAU/USD, and the other is a regular pairing, which I have set to 40. Otherise, it's always 30 pips or less. (Haven't tested Silver or other metals, etc.) But no matter what, it's the ADR for testing, and the hard pips for trading.
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #1,386
  • Sep 18, 2011 4:12am Sep 18, 2011 4:12am
Play with numerous number, I found some after looking back for 30 day from master template (see post before as FxH doing) and pick the largest number as my hard pips.....

Should we restart this play after a new month?

Here is some my hard pips :
1. GBP/USD 28 p
2. EUR/USD 34 p
3. USD/CHF 26 p
fooled by randomness in art
Meditation All Time Return: 8.9%
  • #1,387
  • Edited 7:35am Sep 18, 2011 7:31am | Edited 7:35am
Quoting RoelsMajor

Here is some my hard pips :
1. GBP/USD 28 p
2. EUR/USD 34 p
RM, I'm surprised you are still sticking with a box size higher than 30 pips for EU. FH has consistently said that around 2.5 czs per week per TF are what he goes for. At the default 22 candles, my EU indi shows 2.4 boxes a week for the 15Min TF with a box size of 30 pips, so I don't see a need to tweak anything here. It seems your setting of 24 candles is what is forcing you to consider a box size larger than 30 pips, but there is no obligation on you to go down this road.

By contrast, my GU boxes at the default 22 candles and 30 pips box size shows an average 4.6 boxes a week, so I've tweaked this by increasing the candle count to 25 and reducing the box size to 27 pips, giving me 2.6 boxes a week. Not rocket science, even for someone like me who can't help his kids with the maths homework any more.

Please ignore extraneous indicators on EU chart. FH, if you want me to remove the chart please let me know.

Just my 2p.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU 18th Sept.PNG Size: 93 KB
Click to Enlarge Name: GU 18th Sept.JPG Size: 107 KB
The dream will never die
  • #1,388
  • Sep 18, 2011 9:44am Sep 18, 2011 9:44am
Quoting forexhard
You read over 1300 posts just to tell me this? Sure you did.
Down boy, down..

You? Naww, you're a pro man! But maybe some of the people here might benefit from learning about the ACD system, in conjunction with your system, which is another break out system.

http://www.investopedia.com/articles/technical/04/032404.asp#axzz1YJbMeXtI

And 1300 posts ..not a chance! I just look at all the pictures, like I do with all the books I have..

Just adding some insight my friend!
  • #1,389
  • Sep 18, 2011 10:23am Sep 18, 2011 10:23am
Wouldn't an OCO script help with this breakout method?

Like the one attached?
Attached File(s)
File Type: ex4 OCO_Visual_2.ex4   10 KB | 756 downloads
  • #1,390
  • Sep 18, 2011 11:02am Sep 18, 2011 11:02am
Quoting EmptyEterniT
Wouldn't an OCO script help with this breakout method?

Like the one attached?
WHAT DOES THIS DO?
TRADE FOR SWAP
  • #1,391
  • Sep 18, 2011 11:31am Sep 18, 2011 11:31am
Quoting Brotyboy
RM, I'm surprised you are still sticking with a box size higher than 30 pips for EU. FH has consistently said that around 2.5 czs per week per TF are what he goes for. At the default 22 candles, my EU indi shows 2.4 boxes a week for the 15Min TF......
Broty, it's posts like these that keep me in the game. If this is 2p worth, can I have 2 pounds, please? This post is proof that if someone slows down and actually applies my methods instead of just reading about them, the methodology will make itself clear in due time.

No need to delete those pics, but for the life of me I just don't see where lagging indicators add anything to this system except just more drain on your CPU.
To improve is to change. To perfect, is to change often.
  • #1,392
  • Sep 18, 2011 11:38am Sep 18, 2011 11:38am
Quoting EmptyEterniT
Wouldn't an OCO script help with this breakout method?

Like the one attached?
EE, Grüß Gott, wo in Österreich Sie befinden? Ich lebte in Wien für 7 Jahre. Beautiful city. I miss it alot.

Thanks for the script. Did you make this yourself? If so, please PM me so I can ask you about a specific modification, please.
To improve is to change. To perfect, is to change often.
  • #1,393
  • Sep 18, 2011 11:46am Sep 18, 2011 11:46am
Quoting cgldsmth
WHAT DOES THIS DO?
OCO stands for Open one Close the Other.

This script places 2 pending orders, one Buy and one Sell each.

Double click and drag the green line to where you would like a Buy to open. Same for the red line for a Sell. When one is triggered, the one remaining will be cancelled automatically.

But what I don't see with this one is a way to set the lot size of the pending trades. Normally there is a prompt window asking for trade details prior to dropping the lines onto the chart, but it's missing. So I'm not exactly sure how lot sizes are programmed with this script. Hopefully EE will come back and help clarify for us.
To improve is to change. To perfect, is to change often.
  • #1,394
  • Edited 1:03pm Sep 18, 2011 12:08pm | Edited 1:03pm
Hi FH. what do you think about this 15 min dow future chart?

Attachment

Yeah thanks Merlin, the information is rather scattered throughout.
Attached Image (click to enlarge)
Click to Enlarge Name: dow2.jpg Size: 104 KB
  • #1,395
  • Sep 18, 2011 12:24pm Sep 18, 2011 12:24pm
Quote
Hi FH. what do you think about this 4 hr dow future chart?

I'll tell you right now that the first thing he'll tell you is don't post a 4 hour chart, have you even read the thread?. Go to post #1380, follow it completely, then come back if you have questions. I don't know why the rules are so hard for everyone to follow?
  • #1,396
  • Sep 18, 2011 1:25pm Sep 18, 2011 1:25pm
Quoting Blud4oilPrgm
....Yeah thanks Merlin, the information is rather scattered throughout.
This is intentional. You can spend the weekend it takes to read up on the system, or you can send me $5,000 for a PDF showing everything in one neat little package. You pick.

(FF Mods: This is snark. I'm not charging anything for my work here.)
To improve is to change. To perfect, is to change often.
  • #1,397
  • Sep 18, 2011 2:05pm Sep 18, 2011 2:05pm
Quoting forexhard
Broty, for the life of me I just don't see where lagging indicators add anything to this system except just more drain on your CPU.
I just used another template to start with, and forgot to take them off before taking the pic. Could have deleted the indies and taken another pic, but it's Sunday. Say no more. (hic)
The dream will never die
  • #1,398
  • Sep 18, 2011 2:16pm Sep 18, 2011 2:16pm
Hi Folks!

This max pip count currently displayed after each break out is the number of pips from the breakout line. I would think it would be more beneficial to show the pip count from the entry signal point, which is where we would be entering. This would give us a better feel for the pip movement for a potential trade.

Anyone else have thoughts on this?

Thanks for listening!

SirWolf

Quoting squalou
Here is yet another version of the indi!

This one will show the CZ boxes stretching until the breakout occurs, so you you can now see immediately how long each CZ box gets;

I fixed the possible zero devide error when BoxBufferPips=0, which would disable/hide the indicator;

On the "cosmetic" side:
the signal arrows are now placed at the left of the entry candle, and point to the exact entry price;
they are configurable in colors and type of arrow thru new inputs Buy/SellSignalArrowCode/Color;
Note that i now plot...
Believe and Achieve!
  • #1,399
  • Sep 18, 2011 2:21pm Sep 18, 2011 2:21pm
Quoting orderphlow
Down boy, down..

You? Naww, you're a pro man! But maybe some of the people here might benefit from learning about the ACD system, in conjunction with your system, which is another break out system....
I guess I should be flattered to be compared to a famous trader, but honestly I just don't understand the logic of your posts. I mean, are you sending ACD traders over here to learn about my system? Then why send my traders to some place else? What purpose does it serve, except to distract from what I am teaching.
To improve is to change. To perfect, is to change often.
  • #1,400
  • Sep 18, 2011 2:36pm Sep 18, 2011 2:36pm
Quoting sirwolf
Hi Folks!

This max pip count currently displayed after each break out is the number of pips from the breakout line. I would think it would be more beneficial to show the pip count from the entry signal point, which is where we would be entering. This would give us a better feel for the pip movement for a potential trade.

Anyone else have thoughts on this?

Thanks for listening!

SirWolf
Wolfie, I think this is a great idea. But rather than replacing the current breakout info lines, I think all we need are some extra lines added to the info chart. That way both types of winning pips are represented. (Check your PM's...)
To improve is to change. To perfect, is to change often.
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