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Daily Chart w/ 10sma

  • #541
  • Feb 22, 2012 6:05pm Feb 22, 2012 6:05pm
Quoting bkg102665
I will be short if it backs up to 1.5700
i think 1,5650 is a big retrac but if this falls it is good enough for huge pips
  • #542
  • Feb 22, 2012 6:32pm Feb 22, 2012 6:32pm
no SNYPER i traded forex using another system and ea on 1hr chart. not to good or bad.. but this daly system is great
  • #543
  • Feb 22, 2012 6:38pm Feb 22, 2012 6:38pm
Quoting piprac

And to "lotapips" - if I get to the Ides of March (3/15) I'll be 74 so here's to old but scrappy seniors!!
at least i see 2 happy and healthy seniors... cheers

Quoting piprac
I still haven't quite figured out how to enter a D. trade when the new candle starts at 16:00 central time
have you thought it based on NY trading time?

happy trading!
  • #544
  • Feb 22, 2012 6:59pm Feb 22, 2012 6:59pm
Quoting lotapips
RKOZ ?? i loaded the trade mgr on 1 daily chart that has no other ea on it. and i want it to control all other chart as you stated but i dont know what to put in the trade comments. .please advise don
Ok, for the EA make the TradeComment whatever you would like. Then every time you open a trade there is a Combo Box called 'Comment:' type the same thing in there. This is how it chooses which trades to take care of.
  • #545
  • Feb 22, 2012 7:01pm Feb 22, 2012 7:01pm
Quoting frani60
i think 1,5650 is a big retrac but if this falls it is good enough for huge pips
my 2 cents...

it is a 50:50 ratio to win or lose on a trade (even with or without a trading method)...

so i am always calculating the possible higher winning trade % (who doesnt want to win most times)...

once i am in a trade i forget and set it until it hits my TP or SL or unless a PA shows up signaling me my winning % is dimming and then i would forgo and exit it manually (i could be making a wrong decision on this but it is a live trading, only god knows... he he he)...

e.g. gold was an example (be when pb up showed on feb 16) and gbp (be when a bull engulfing candle popep up on feb 16) are the recent cases. hope not on the current oz trade

for gbp... i would go for short since the overall context favoring downtrend especially the 2nd retracement from 200ma (i seldom use it... just to keep my chart clean... anyway i am not good at 200ma)... potentially going down to 1.5330

chow... back to work... happy pipping
  • #546
  • Feb 22, 2012 7:29pm Feb 22, 2012 7:29pm
Thanks mate for the trade management EA.

Couple of questions, if I may. Is it a stealth type where the variables are not shown on charts/trade columns but instead runs in background? If so, puter needs to be running to get the job done. Secondly, does it override tp/sl already set prior to running yours? Finally, does it disappear (removed automatically) as the trade is closed? I ran it on a few charts and this is what I discovered so far.

Cheers,

Akira
  • #547
  • Feb 22, 2012 7:30pm Feb 22, 2012 7:30pm
snyper..i live on the Texas Gulf coast. my broker closes dat at 6:00 pm
Thank ROKZ for the answer
  • #548
  • Edited 7:56pm Feb 22, 2012 7:55pm | Edited 7:56pm
Quoting RisingSun
Thanks mate for the trade management EA.

Couple of questions, if I may. Is it a stealth type where the variables are not shown on charts/trade columns but instead runs in background? If so, puter needs to be running to get the job done. Secondly, does it override tp/sl already set prior to running yours? Finally, does it disappear (removed automatically) as the trade is closed? I ran it on a few charts and this is what I discovered so far.

Cheers,

Akira
It only needs to be on one chart and it will manage everything with your chosen trade comment. No it's not stealthy it places your set stoploss and takeprofit, but only if it's currently NOT SET. Therefore just open a "New Order" set your "Comment:" and click "Buy" or "Sell". When a trade is closed it is closed, even if you close it yourself it will not matter. It's very basic and forgiving.

It simply cycles the open orders checking for missing stoplosses, takeprofits and if the trade parameters are met for triggering breakeven and part close.
  • #549
  • Feb 22, 2012 8:11pm Feb 22, 2012 8:11pm
usdcad ..........any one looking at this one
  • #550
  • Feb 22, 2012 8:13pm Feb 22, 2012 8:13pm
Thanks Rokz.

I removed the default comment "rokz" and now see it manages all trades with no comments. For those orders partially closed that have comments are not managed since the mismatch of comments. Used with care, your EA is very helpful, indeed.

Thanks again,
Akria

Quoting Rokz
It only needs to be on one chart and it will manage everything with your chosen trade comment. No it's not stealthy it places your set stoploss and takeprofit, but only if it's currently NOT SET. Therefore just open a "New Order" set your "Comment:" and click "Buy" or "Sell". When a trade is closed it is closed, even if you close it yourself it will not matter. It's very basic and forgiving.

It simply cycles the open orders checking for missing stoplosses, takeprofits and if the trade parameters are met for triggering breakeven and part...
  • #551
  • Feb 22, 2012 9:19pm Feb 22, 2012 9:19pm
Quoting lotapips
usdcad ..........any one looking at this one
my thought but 1.0030 i see a big retrace
  • #552
  • Feb 23, 2012 7:19am Feb 23, 2012 7:19am
Quoting lotapips
usdcad ..........any one looking at this one
Looking, will take a short if it crosses back below 10ma, recent consolidation, and breaks below Oct 28 swing low of .9897
  • #553
  • Feb 23, 2012 10:07am Feb 23, 2012 10:07am
Quoting RisingSun
Thanks Rokz.

I removed the default comment "rokz" and now see it manages all trades with no comments. For those orders partially closed that have comments are not managed since the mismatch of comments. Used with care, your EA is very helpful, indeed.

Thanks again,
Akria
Yep, that is correct. Once part of the order is closed it gains a new trade comment. The way the manager runs is to, Firstly set breakeven then do the Partial Close. So once it's not under management the trade no longer has a chance to lose money anyway. Glad you like it, if you notice any bugs let me know. I tested it thoroughly and use it myself, if I do change anything I will re-post it in this thread since I basically made it to assist me with this strategy.
  • #554
  • Feb 23, 2012 3:15pm Feb 23, 2012 3:15pm
Here is a trade I took today. Dont Know if if it will work out or not but its all in the pics, and worst case My account will take a 1% hit
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD.jpg Size: 86 KB

Attached Image (click to enlarge)
Click to Enlarge Name: eu_2.jpg Size: 89 KB
Always Learning
  • #555
  • Feb 23, 2012 3:36pm Feb 23, 2012 3:36pm
Quoting JayTrader
Here is a trade I took today. Dont Know if if it will work out or not but its all in the pics, and worst case My account will take a 1% hit
Attachment
Attachment
it is a valid sell signal. good luck with it...

Olu
If you think you can or cannot do it you are correct
  • #556
  • Edited 4:53pm Feb 23, 2012 4:06pm | Edited 4:53pm
Quoting Olu
it is a valid sell signal. good luck with it...

Olu
Thats the whole point of the post. I did have a valid signal to swing the bat(so to speak) at this trade. But at what % of my account did I want to risk to enter this trade 1, 2,3 % of my account. All trades are not equal from a risk management point of view. Don't get in the habit of , I see a trade an automatically put 2% on a trade live or die. Learn to scrutinize each trade as they come. This is more for the new traders , I hope this helps. Off the soapbox for now. some one asked for this indicator by PM Settings are period 7 multiplier 1
Attached File(s)
File Type: ex4 ATR Pips UL corner.ex4   3 KB | 363 downloads
Always Learning
  • #557
  • Feb 23, 2012 5:29pm Feb 23, 2012 5:29pm
Quoting Rokz
Yep, that is correct. Once part of the order is closed it gains a new trade comment. The way the manager runs is to, Firstly set breakeven then do the Partial Close. So once it's not under management the trade no longer has a chance to lose money anyway. Glad you like it, if you notice any bugs let me know. I tested it thoroughly and use it myself, if I do change anything I will re-post it in this thread since I basically made it to assist me with this strategy.
Smart Rokz!
  • #558
  • Feb 23, 2012 5:47pm Feb 23, 2012 5:47pm
Quoting JayTrader
Here is a trade I took today. Dont Know if if it will work out or not but its all in the pics, and worst case My account will take a 1% hit
Attachment
Attachment
what is your entry
  • #559
  • Feb 23, 2012 6:33pm Feb 23, 2012 6:33pm
Mike anything worthwhile tonight
  • #560
  • Feb 23, 2012 6:59pm Feb 23, 2012 6:59pm
Why is no one responding tonight
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