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True Trading Tactics

  • #101
  • Feb 6, 2012 8:01am Feb 6, 2012 8:01am
just a note:

see how the EU is under the open, and GU is above...if EU had an entry candle SELL like the GU did i would have chosen the EU, as getting past the open is sometimes a bitch (good S/R point). hence why i closed GU when it hit the open. plus 100ema is sloping more.

back to bed zzzzzz
  • #102
  • Feb 6, 2012 8:27am Feb 6, 2012 8:27am
indo just got me here... .
  • #103
  • Feb 6, 2012 9:26am Feb 6, 2012 9:26am
Hello all. Have been following this thread with interest since Kraven kindly started it. I trade 1m charts using another strategy -- it is difficult to trade 1m and be an active participant in another thread.
Several people have indicated a desire to see a signals generator for this strategy so that not so much time in front of the screen is needed. With some reservations, I have put one together and you will find it attached. My reservation is caused by the need to service it for a few days as people learn to use it. I have put several of these indis together for other threads, and sometimes there is no end to the system crash problems. Let me explain. This indi was put together yesterday, and compiled under MT4 Build 409. If you do not have Build 409 or higher, it may crash your system. You should be ruinning the latest build (409) anyway, so check your MT4 build if you have system crash problems. To check your build, go to the help/about pulldown and you will see the build number. If it is not Build 409 or higher, you should go to your brokers site and upgrade your platform.

Here are some notes on the indicator:

1. REQUIRES MT4 BUILD 409 or HIGHER;
2. It implements to "reverse candle" provisions of the strategy;
3. lookBack is the number of candles that the indi looks back from the current to find a local high/low. I have the default set to 5 candles. Experiment with it -- if you would like to have the default value changed, ask me nicely and I will change it.
4. A "Green" line is a long signal, and a "Red" line is a short signal. Yellow is no signal.
5. Up to two "Time Windiws" are provided for in the external parameters. This allows you to request signals only during periods in which you trade. They are entered as start/stop hour only -- no minutes.
5. Audio alerts and email alerts are provided for.

That is it. I hope you find that it helps.
Attached File(s)
File Type: ex4 !!!!TTTsignals.v1.0.ex4   11 KB | 1,385 downloads
  • #104
  • Feb 6, 2012 10:05am Feb 6, 2012 10:05am
EasyRyder
NICE JOB
  • #105
  • Feb 6, 2012 10:24am Feb 6, 2012 10:24am
well i just looked and the charts and we have our typical move. we move 1 way then move back (see EJ, uchf, NU and EU now struggling with the open). unfortunately we didn't get a reversal candle at the start of the move...very close on most but not quite
  • #106
  • Feb 6, 2012 10:57am Feb 6, 2012 10:57am
thanks for the effort EasyRyder.

1m...really..i tried this one on a few different TF's, grabbing 10pips. but settled on a more relaxing 1hr and daily
  • #107
  • Feb 6, 2012 11:25am Feb 6, 2012 11:25am
I am not trading your strategy on 1m -- it is my own hybrid strategy. I agree that your strategy works best on 30m and up.

Quoting kraven
thanks for the effort EasyRyder.

1m...really..i tried this one on a few different TF's, grabbing 10pips. but settled on a more relaxing 1hr and daily
  • #108
  • Feb 6, 2012 11:26am Feb 6, 2012 11:26am
Quoting EasyRyder
Hello all. Have been following this thread with interest since Kraven kindly started it. I trade 1m charts using another strategy -- it is difficult to trade 1m and be an active participant in another thread.
Several people have indicated a desire to see a signals generator for this strategy so that not so much time in front of the screen is needed. With some reservations, I have put one together and you will find it attached. My reservation is caused by the need to service it for a few days as people learn to use it. I have put several of...
thanks for your effort

and for the owner of this thread

when i see this thread i was very happy because this is themethod i use from 1 month and we could make it beter together

i saw your indicator it's good but as you have experince in programing i will give you some idea to make the signals better

and for now

try to make the look back 12 on 1 hr chart on gbp/usd
you will see a good signals

and from my 1 month experince i found that gbp/usd respect this candels the most

waiing your replayes
  • #109
  • Feb 6, 2012 11:31am Feb 6, 2012 11:31am
zelenko, you can make the lookBack 12 by setting it in the parameters box. Let me know of other suggested improvements. Thanks for your comments.

Quoting zelenko
thanks for your effort

and for the owner of this thread

when i see this thread i was very happy because this is themethod i use from 1 month and we could make it beter together

i saw your indicator it's good but as you have experince in programing i will give you some idea to make the signals better

and for now

try to make the look back 12 on 1 hr chart on gbp/usd
you will see a good signals

and from my 1 month experince i found that gbp/usd respect this candels the most

waiing your replayes
  • #110
  • Feb 6, 2012 11:35am Feb 6, 2012 11:35am
Quoting EasyRyder
zelenko, you can make the lookBack 12 by setting it in the parameters box. Let me know of other suggested improvements. Thanks for your comments.
yes i make it 12
so i wrote the previous post

and before i say my improvement i want to know what is the criteria you choose in the indicator to give the signal exactly so i could till you what exactly to improve
  • #111
  • Feb 6, 2012 12:18pm Feb 6, 2012 12:18pm
Hi Kraven,

Nice thread , easy system to pick up, about time someone came up with a no idi system even as a newby like me can follow without asking loads of questions.

Do you trade full time and if so how are you doing with this. keep the pips up.
Making money is easy,losing money is easier
  • #112
  • Feb 6, 2012 12:20pm Feb 6, 2012 12:20pm
Thanks Easyrider..excellent job..I see few false signals..is there any optimization to be done
  • #113
  • Feb 6, 2012 1:51pm Feb 6, 2012 1:51pm
did any one sell the uro or the cable ???? i did
  • #114
  • Feb 6, 2012 2:25pm Feb 6, 2012 2:25pm
Quoting zelenko
did any one sell the uro or the cable ???? i did
It seems a valid setup on both...
  • #115
  • Feb 6, 2012 2:53pm Feb 6, 2012 2:53pm
Very nice thread, clear and spot to the point. Thanks a lot kraven for the topic and the idea.

Now, with all the respect and thanks to EasyRider for his work, and in spite of the absence of the code (ER: eventually it could have been possible helping you in some improvement),

... and just for fun in half an hour spare time (so: there is no option, nothing special, nor a time filter)

... and just as a visual aid (no "indicators" here around, right?):

would you like this one instead?

http://www.forexfactory.com/attachme...1&d=1328561450

Of course with a bit more time, one would eagerly add continuation bars control after a strong trend, or/and railroad stops...

... but time is money!

Bye

BL
Attached Image (click to enlarge)
Click to Enlarge Name: Reversal.jpg Size: 50 KB
Attached File(s)
File Type: mq4 ReversalBars.mq4   3 KB | 1,066 downloads
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  • #116
  • Feb 6, 2012 4:12pm Feb 6, 2012 4:12pm
now we have better life and easy ryder that's very nice

and thanks alot to kraven for sharing this mehod

now i will share my idea

first let's put names to the candeles

i will say that the reversal from above ( sell signal ) we will name this candel as ((( falling of the roof ))

and the other reverse ( buy ) :: we will name it (( kill the sellers ))

hahahaahahaha nice names

the one who learned me this method is the creator of this names

now the basic rules up to now is

- if a cadnel formed with a high higher than previous (( x )) candels and it's close came below the oben (( red candle or down candel )) then that's it

we will sell when the low of the candel ( falling of the roof) break

untill now there is no change

the changes that i want to add and then if we could code it in an indicator:

1- we need to filter the candels it self
2- we need to modify the entry
3- we need to choose the best paires


1 - the candel :


- not every candel with this criteria well hit the target > some will hit stop ( we need to reduce this ones )

- i notice that it's better if either the falling or the kill came as a( bin par )
or as engulf

- the range of the candel ( high to low ) most be taken into considration (n not every small candel meet the criteria we consider it a good trade ))

- the pin bar may be ((red )) and cnsidered as (( buy )) signal (if it came with long tail and small body

- support and resistance based on fractals :: if we combine this with us will give good signals




waiting you replayes
  • #117
  • Feb 6, 2012 4:47pm Feb 6, 2012 4:47pm
Quoting zelenko
now we have better life and easy ryder that's very nice

and thanks alot to kraven for sharing this mehod

now i will share my idea

first let's put names to the candeles

i will say that the reversal from above ( sell signal ) we will name this candel as ((( falling of the roof ))

and the other reverse ( buy ) :: we will name it (( kill the sellers ))

hahahaahahaha nice names

the one who learned me this method is the creator of this names

now the basic rules up to now is

- if a cadnel formed with...
hi, could you explain it in a pic, than it is easier to understand for me, because my english is not so perfect

thx
  • #118
  • Feb 6, 2012 5:25pm Feb 6, 2012 5:25pm
Quoting frani60
hi, could you explain it in a pic, than it is easier to understand for me, because my english is not so perfect

thx
explain which point exactly ??
  • #119
  • Feb 6, 2012 6:04pm Feb 6, 2012 6:04pm
1 - the candel :


- not every candel with this criteria well hit the target > some will hit stop ( we need to reduce this ones )

- i notice that it's better if either the falling or the kill came as a( bin par )
or as engulf

- the range of the candel ( high to low ) most be taken into considration (n not every small candel meet the criteria we consider it a good trade ))

- the pin bar may be ((red )) and cnsidered as (( buy )) signal (if it came with long tail and small body

- support and resistance based on fractals :: if we combine this with us will give good signals


this part is not so clear for me

thx
  • #120
  • Feb 6, 2012 7:27pm Feb 6, 2012 7:27pm
Quoting frani60
1 - the candel :


- not every candel with this criteria well hit the target > some will hit stop ( we need to reduce this ones )

- i notice that it's better if either the falling or the kill came as a( bin par )
or as engulf

- the range of the candel ( high to low ) most be taken into considration (n not every small candel meet the criteria we consider it a good trade ))

- the pin bar may be ((red )) and cnsidered as (( buy )) signal (if it came with long tail and small body

- support and resistance based on fractals :: if...
this part is what i want to add to the original strategy of this thread

please read the previuos pages and you will understand
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