Indicators development for T101's not very simple method | Page 223 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

Simple System By T101 - My Thought 18 replies

Continuation of T101 method discussions 24 replies

My first attempt at T101's basket method... 2 replies

Attachments: Indicators development for T101's not very simple method
Exit Attachments

Indicators development for T101's not very simple method

  • #4,441
  • Sep 26, 2011 8:59am Sep 26, 2011 8:59am
Quoting relfayoumy
Will this chance ?
...and you actually called the trade

kos
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 27 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #4,442
  • Sep 26, 2011 9:54am Sep 26, 2011 9:54am
Quoting relfayoumy
did u enter this trade with me ???
I think so 623 pips booked just over 6 hours ago on that run....sweet....

Thanks again Kos
  • #4,443
  • Edited 11:05am Sep 26, 2011 10:52am | Edited 11:05am
Quoting Kosomolate
...and you actually called the trade

kos
Hello Kos,
about the snapshot from your last post #4445...

wouldn't you wait for HA M15 bars completion before entry?

BTW digging into M1 TF can be good in ranging times..this is a snapshot of Basket behaviour on H1 Timeframe,as u can see is RANGING

http://img269.imageshack.us/img269/811/basketh1.gif
Account deleted
  • #4,444
  • Sep 26, 2011 11:56am Sep 26, 2011 11:56am
Quoting swissforex
Hello Kos,
about the snapshot from your last post #4445...

wouldn't you wait for HA M15 bars completion before entry?

BTW digging into M1 TF can be good in ranging times..this is a snapshot of Basket behaviour on H1 Timeframe,as u can see is RANGING

http://img269.imageshack.us/img269/811/basketh1.gif
Your question shows that you miss the retracer. the snapshot was posted by relfay, its 1-15min not 15-240min.

That is why I chose 1-15min TF. When its ranging in other TF e.g. 1HR or 4HR, its trending in 1min TF and even if it starts ranging in 1min TF it will not cause much damages. While the higher TF traders are waiting, 1min TF traders are reaping pips, and using the HASmtf with it makes it easy.

When I tell other traders I take +100 pips runs in 1min TF they find it hard to believe cos most of them are used to +10 pips scalping in 1min TF

kindest regards

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,445
  • Sep 26, 2011 12:12pm Sep 26, 2011 12:12pm
4 for 4 1 min TF 15 Min Has
8 pair BTS
Attached Image
  • #4,446
  • Sep 26, 2011 3:14pm Sep 26, 2011 3:14pm
Quoting Kosomolate
Your question shows that you miss the retracer. the snapshot was posted by relfay, its 1-15min not 15-240min.

That is why I chose 1-15min TF. When its ranging in other TF e.g. 1HR or 4HR, its trending in 1min TF and even if it starts ranging in 1min TF it will not cause much damages. While the higher TF traders are waiting, 1min TF traders are reaping pips, and using the HASmtf with it makes it easy.

When I tell other traders I take +100 pips runs in 1min TF they find it hard to believe cos most of them are used to +10 pips scalping in 1min...
Kos thx for your quick reply but my question was slightly different...

I know that snapshot you quoted in your post #4445 was from post #4440
I saw that it was by Relfayoumy on 1 Minute Timeframe and I know your countertrend entry technique(it works like a charm)

What I was askin' is if ,when trading M1,M15 or whatever available Timeframe with your sys,we should wait for major TREND TimeFrame HeikenAshi to complete before entry =

i.e.
when we trade on 15min STF---------------------- 4hr TTF ,should we wait ALL of the 8 HA bars to complete before takin' action?

or

if we trade on 1min STF------------------------ 15minTTF ,should we wait ALL of the 15 HA bars to complete before takin' action?

sorry if I put the q in a wrong manner
thx
Account deleted
  • #4,447
  • Sep 26, 2011 10:43pm Sep 26, 2011 10:43pm
Quoting dryclean
4 for 4 1 min TF 15 Min Has
8 pair BTS
That is good news, and shows that you are on top of the basket situation. and the brokers don't have anything to do to your case than to leave you alone, while your account is moving up.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,448
  • Sep 26, 2011 10:54pm Sep 26, 2011 10:54pm
hey does anyone have an EA Template for just a plain ole Basket Trade where you can designate the code for the reason to BUY/SELL and the code for the reason to close the trades. ie. maybe you want to BUY/SELL based on a moving average cross and then close all the trades based on some other indicator, etc.?????????????

I have tried to use a regular EA Template but I cannot get it to close the basket correctly. The code for the basket is driving me nuts.

help???
  • #4,449
  • Sep 26, 2011 11:15pm Sep 26, 2011 11:15pm
Quoting swissforex
when we trade on 15min STF---------------------- 4hr TTF ,should we wait ALL of the 8 HA bars to complete before takin' action?

or

if we trade on 1min STF------------------------ 15minTTF ,should we wait ALL of the 15 HA bars to complete before takin' action?

sorry if I put the q in a wrong manner
thx
Yes, its advisable to wait for the first step to set because of the nature of MTF indicators, not until the higher TF bar completes it is not set. mostly the tap don't happen on the 1st step.

But if HAS tap happens on the first step, like the example on the picture, 15-240min, (which is +410pips as I type now and is BE) I look at what price has been doing from back to see if its good to enter there or not but IT IS VERY RISKY. and even if I had waited for the second step would not have made a big difference.

Generally, its good to wait for it to complete except in a very rare occasions, if you know how to read PA.

kos
Attached Image (click to enlarge)
Click to Enlarge Name: buy.gif Size: 9 KB
John 3:16 - From THIS love no power on earth can me sever.
  • #4,450
  • Sep 27, 2011 2:19am Sep 27, 2011 2:19am
Quoting Kosomolate
Yes, its advisable to wait for the first step to set because of the nature of MTF indicators, not until the higher TF bar completes it is not set. mostly the tap don't happen on the 1st step.

But if HAS tap happens on the first step, like the example on the picture, 15-240min, (which is +410pips as I type now and is BE) I look at what price has been doing from back to see if its good to enter there or not but IT IS VERY RISKY. and even if I had waited for the second step would not have made a big difference.

Generally, its good to wait...
Yes

that's exactly what I mean 'coz I prefer to enter flowing into the established trend
I only enter RISKY Trade if I can read a clear Price Action

just saved your snapshot and explanation
thx Kos
Account deleted
  • #4,451
  • Sep 27, 2011 6:59am Sep 27, 2011 6:59am
Quoting Kosomolate
Yes, its advisable to wait for the first step to set because of the nature of MTF indicators, not until the higher TF bar completes it is not set. mostly the tap don't happen on the 1st step.

But if HAS tap happens on the first step, like the example on the picture, 15-240min, (which is +410pips as I type now and is BE) I look at what price has been doing from back to see if its good to enter there or not but IT IS VERY RISKY. and even if I had waited for the second step would not have made a big difference.

Generally, its good to wait...
Can i know your broker please ?
  • #4,452
  • Sep 27, 2011 7:57am Sep 27, 2011 7:57am
Quoting relfayoumy
Can i know your broker please ?
relfayoumy Hi!

alpariUK is my broker

this is the second buy BTS for the day. +750 + 620++ pips

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #4,453
  • Sep 27, 2011 8:19am Sep 27, 2011 8:19am
Quoting Kosomolate
relfayoumy Hi!

alpariUK is my broker

this is the second buy BTS for the day. +750 + 620++ pips

kos
I caught the two baskets today but didn't profit all these pips

thanks for your follow with me
  • #4,454
  • Sep 27, 2011 8:38am Sep 27, 2011 8:38am
steve,

Look for attachement in thread named "T101_EA_byDon_JustKos_06-09-10e.mq4" posted by MrPip. I made the EA, he fixed it to trade correctly and fast (actual trading functions, which should not be changed if trading basket, not to be confused with condition to place trade). That is the basket template. Please do share the resulting EA with us, since the template is jammed packed with cool stuff already, just needs strategy changed.

Kind regards,

Don


Quoting stevesouders
hey does anyone have an EA Template for just a plain ole Basket Trade where you can designate the code for the reason to BUY/SELL and the code for the reason to close the trades. ie. maybe you want to BUY/SELL based on a moving average cross and then close all the trades based on some other indicator, etc.?????????????

I have tried to use a regular EA Template but I cannot get it to close the basket correctly. The code for the basket is driving me nuts.

help???
  • #4,455
  • Sep 27, 2011 1:02pm Sep 27, 2011 1:02pm
EOD with +260 pips

kos
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #4,456
  • Sep 27, 2011 4:49pm Sep 27, 2011 4:49pm
Does we wait for long Basket trade
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 24 KB
  • #4,457
  • Sep 27, 2011 4:59pm Sep 27, 2011 4:59pm
Quoting relfayoumy
Does we wait for long Basket trade
this is the first time i see the colors of HAS changed
Attached Image (click to enlarge)
Click to Enlarge Name: 1.gif Size: 24 KB
  • #4,458
  • Sep 27, 2011 11:36pm Sep 27, 2011 11:36pm
Quoting relfayoumy
this is the first time i see the colors of HAS changed
its obvious you are not conversant with MTF indicators, just read post #4447 to #4454 by swissforex and kos and you will get it.

kos
John 3:16 - From THIS love no power on earth can me sever.
  • #4,459
  • Sep 27, 2011 11:52pm Sep 27, 2011 11:52pm
another good retracer completed. 15-240min TF pullback to HASmtf captured on the 1-15min TF for +420 pips

on the red down line and possible bounce off HAS like the blue line 15-4hr TF

kos
Attached Image (click to enlarge)
Click to Enlarge Name: retracer.gif Size: 11 KB
Attached Image
John 3:16 - From THIS love no power on earth can me sever.
  • #4,460
  • Sep 28, 2011 12:35am Sep 28, 2011 12:35am
Quoting Kosomolate
its obvious you are not conversant with MTF indicators, just read post #4447 to #4454 by swissforex and kos and you will get it.

kos
you are right i read these posts but i didn't know what it means till now

thanks
2 traders viewing now