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Attachments: Buy sell line trading
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Buy sell line trading

  • #941
  • Mar 25, 2012 8:41pm Mar 25, 2012 8:41pm
Potential short trade setting up on the AUDUSD 4H (Oanada ... different looking candles on different brokers so beware!). I like how this trade is looking right now since the bearish engulfing candle is engulfing the previous 2 bullish candles and it price just recently touched and tested the 50 SMA (red line). Nice established downtrend, although, I would prefer if price hadn't pushed through Thursday into Friday. The current candle still has over 2 hours to close, AND THEN we still need the trigger to confirm off of the signal candle. Anyone else watching?
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 4h oanda.gif Size: 22 KB
  • #942
  • Mar 25, 2012 9:02pm Mar 25, 2012 9:02pm
Quoting SMcGuire45
Potential short trade setting up on the AUDUSD 4H (Oanada ... different looking candles on different brokers so beware!). I like how this trade is looking right now since the bearish engulfing candle is engulfing the previous 2 bullish candles and it price just recently touched and tested the 50 SMA (red line). Nice established downtrend, although, I would prefer if price hadn't pushed through Thursday into Friday. The current candle still has over 2 hours to close, AND THEN we still need the trigger to confirm off of the signal candle. Anyone else...

Yes watching aud/usd, gbp/aud and eur/aud.
Master your Mind,,,Master the Market
  • #943
  • Mar 25, 2012 11:12pm Mar 25, 2012 11:12pm
Quoting SMcGuire45
Potential short trade setting up on the AUDUSD 4H (Oanada ... different looking candles on different brokers so beware!). I like how this trade is looking right now since the bearish engulfing candle is engulfing the previous 2 bullish candles and it price just recently touched and tested the 50 SMA (red line). Nice established downtrend, although, I would prefer if price hadn't pushed through Thursday into Friday. The current candle still has over 2 hours to close, AND THEN we still need the trigger to confirm off of the signal candle. Anyone else...
No trade on the AUD/USD 4H as the candle didn't engulf the previous...almost...but almost doesn't count. I should add that I still like this bearish setup, but must stay disciplined with the trading rules.
Attached Image (click to enlarge)
Click to Enlarge Name: audusd 4h oanda no trade.gif Size: 20 KB
  • #944
  • Mar 26, 2012 12:30am Mar 26, 2012 12:30am
S AU 43 H4.
Attached Image (click to enlarge)
Click to Enlarge Name: 032512 s au 43 h4.gif Size: 23 KB
  • #945
  • Edited 3:37am Mar 26, 2012 3:07am | Edited 3:37am
Quoting dreamtheater
It's not working with me, don't know why..... Have made the colors exactly like yours.
When there is no signal, there will be no display of entry-levels.
If you want to see the display, click through the timeframes, maybe there is a signal on M1 or M5 ... etc.

The check of the background color works on Windows XP, I donīt know about Vista. Mt4 on Vista is only working correctly if it is not installed into the programs folder (thatīs what I read somewhere but since I have XP, I have no knowledge about it)

Latest version of EA uploaded:
http://www.forexfactory.com/showthre...93#post5509693
  • #946
  • Mar 26, 2012 6:11am Mar 26, 2012 6:11am
Quoting fxtr51
When there is no signal, there will be no display of entry-levels.
If you want to see the display, click through the timeframes, maybe there is a signal on M1 or M5 ... etc.

The check of the background color works on Windows XP, I donīt know about Vista. Mt4 on Vista is only working correctly if it is not installed into the programs folder (thatīs what I read somewhere but since I have XP, I have no knowledge about it)

Latest version of EA uploaded:
http://www.forexfactory.com/showthre...93#post5509693
...hello FXtr51...
...start by thanking you for your work with this helpfull tool...
...is there a way of closing a portion of the trade at the 50% level (the one that moves the SL to BE...)?...
...is the IMPUT "Fractional_Pips" used for it?...
...if not, can you add this ?...
...thanks...
  • #947
  • Edited 7:28am Mar 26, 2012 7:10am | Edited 7:28am
Thank you for the order ea.
One question, the BE line is that info only or will the stop be tranferred when price does hit this line?

reinier

sorry I did not notice the previous post, answer found over there
To get more profit, not the entry but the exit will make the big difference
  • #948
  • Mar 26, 2012 7:34am Mar 26, 2012 7:34am
Quoting Ap3
S AU 43 H4.
-30.
Attached Image (click to enlarge)
Click to Enlarge Name: 032512 s au 43 h4.gif Size: 23 KB
  • #949
  • Mar 26, 2012 7:59am Mar 26, 2012 7:59am
Quoting spread
...hello FXtr51...

...is there a way of closing a portion of the trade at the 50% level (the one that moves the SL to BE...)?...
It is on the To Do list and will be added asap.

Quote
...is the IMPUT "Fractional_Pips" used for it?...
No, that is for the info about the distance of TP and SL to the Open of the Order for pending and active orders.

I will change something there because if you have multiple orders on the same pair, all sl and tp lines are colored and can be moved.
That could create confusion.
I think the EA should only care about itīs own order ( identified by Ticketnumber because that is unique for each order )

Since I am improving the EA, please compare your version with the latest uploaded version if you like to be up to date.
Same applies for the indicator.
  • #950
  • Mar 26, 2012 8:17am Mar 26, 2012 8:17am
AUDUSD H4 signal for LONG (on Pepperstone Demo = GMT+3 brokerservertime )

To illustrate how I use the EA together with the indicator

I moved the Entry line above the Daily Resistance (discretion)
and the SL line below the Last Swing Low,
then I clicked on START EA button
and the EA placed the pending Long order for me.

The White dashed line is the Breakeven level.
It is placed automatically at 50 % of SL distance to Open level.

Now I can move all lines as I like, including the Entry-level-line
or click on CLOSE ORDER button to get the pending order deleted.

http://i.imgur.com/WlbWd.jpg
  • #951
  • Mar 26, 2012 8:33am Mar 26, 2012 8:33am
Quoting fxtr51
It is on the To Do list and will be added asap.


No, that is for the info about the distance of TP and SL to the Open of the Order for pending and active orders.

I will change something there because if you have multiple orders on the same pair, all sl and tp lines are colored and can be moved.
That could create confusion.
I think the EA should only care about itīs own order ( identified by Ticketnumber because that is unique for each order )

Since I am improving the EA, please compare your version with the latest uploaded version if you like...
......thanks fxtr51 ... well done!!!!!!
...it looks easy to create an ea...lol...
...keep up this fantastic work...
...regards.
  • #952
  • Mar 26, 2012 9:09am Mar 26, 2012 9:09am
Quoting fxtr51
AUDUSD H4 signal for LONG (on Pepperstone Demo = GMT+3 brokerservertime )

To illustrate how I use the EA together with the indicator

I moved the Entry line above the Daily Resistance (discretion)
and the SL line below the Last Swing Low,
then I clicked on START EA button
and the EA placed the pending Long order for me.

The White dashed line is the Breakeven level.
It is placed automatically at 50 % of SL distance to Open level.

Now I can move all lines as I like, including the Entry-level-line
or click on CLOSE ORDER button to get the pending...

Thanks for creating the EA! Is there any way you could possible code it so the white EA text in the upper left part of the screen doesn't blink on and off?
  • #953
  • Mar 26, 2012 10:22am Mar 26, 2012 10:22am
Quoting fxtr51
AUDUSD H4 signal for LONG (on Pepperstone Demo = GMT+3 brokerservertime )

To illustrate how I use the EA together with the indicator

I moved the Entry line above the Daily Resistance (discretion)
and the SL line below the Last Swing Low,
then I clicked on START EA button
and the EA placed the pending Long order for me.

The White dashed line is the Breakeven level.
It is placed automatically at 50 % of SL distance to Open level.

Now I can move all lines as I like, including the Entry-level-line
or click on CLOSE ORDER button...
Can you help me? I add indicator "buy sell manager" but it don't display? What happen?
  • #954
  • Mar 26, 2012 10:59am Mar 26, 2012 10:59am
Quoting voi_bt
Can you help me? I add indicator "buy sell manager" but it don't display? What happen?
The BuySell_Manager is not an indicator, it is an EA.
Delete it in the experts/indicators folder and install it in the experts-folder.
  • #955
  • Mar 26, 2012 11:15am Mar 26, 2012 11:15am
Quoting distantpulse
Thanks for creating the EA! Is there any way you could possible code it so the white EA text in the upper left part of the screen doesn't blink on and off?
It doesnīt blink on my screens.

You seem to use an indicator which uses the "Comment" function.
That indicator would then "fight" with my EA and that would cause the blinking.

Test it by removing 1 indicator at a time and if the blinking stops, the last removed indicator is the culprit.
  • #956
  • Mar 26, 2012 11:22am Mar 26, 2012 11:22am
Quoting fxtr51
The BuySell_Manager is not an indicator, it is an EA.
Delete it in the experts/indicators folder and install it in the experts-folder.
Thanks you, I understand
  • #957
  • Mar 26, 2012 12:22pm Mar 26, 2012 12:22pm
Quoting fxtr51

SMcGuire45, perfect description of what it is about.
Thanks fxtr51!
  • #958
  • Mar 26, 2012 12:34pm Mar 26, 2012 12:34pm
Quoting fxtr51
AUDUSD H4 signal for LONG (on Pepperstone Demo = GMT+3 brokerservertime )

To illustrate how I use the EA together with the indicator

I moved the Entry line above the Daily Resistance (discretion)
and the SL line below the Last Swing Low,
then I clicked on START EA button
and the EA placed the pending Long order for me.

The White dashed line is the Breakeven level.
It is placed automatically at 50 % of SL distance to Open level.

Now I can move all lines as I like, including the Entry-level-line
or click on CLOSE ORDER button to get...
Hi...this is the the first EA I've ever experimented with as I normally control all my trades manually. I like what this offers and should streamline my process. So thank you for putting this together and making it available! I have it loaded and select my inputs, and go to run it, but I have the frown instead of the smiley face. Will the smiley face only appear when a signal happens or should the smiley face be there all the time? It also seems to crash my Oanda platform when I turn it on??? Any help would be greatly appreciated... Thanks!
  • #959
  • Mar 26, 2012 1:14pm Mar 26, 2012 1:14pm
Quoting SMcGuire45
Hi...this is the the first EA I've ever experimented with as I normally control all my trades manually. I like what this offers and should streamline my process. So thank you for putting this together and making it available! I have it loaded and select my inputs, and go to run it, but I have the frown instead of the smiley face. Will the smiley face only appear when a signal happens or should the smiley face be there all the time? It also seems to crash my Oanda platform when I turn it on??? Any help would be greatly appreciated... Thanks!
EAs must be enabled in the settings of your Mt4 platform.

First I show you how the chart should look and then how the general settings on Mt4 should look like:

http://i.imgur.com/rfWWa.jpg

http://i.imgur.com/EfspY.jpg

It should not crash your Oanda Mt4 platform.
Please test it on a demo account.
It will not work on the normal Oanda platform, only on Mt4 platforms.
  • #960
  • Mar 26, 2012 1:23pm Mar 26, 2012 1:23pm
I am going to demo the system for a month taking signals from 8 currencies. I chose various currencies and tried not to pick one that had a close correlation moving in the same direction.

Would this be a good set to start with?

EURUSD
USDJPY
USDCAD
EURGBP
CADJPY
GBPJPY
AUDCHF
NZDUSD

Is there a universal set of currencies that should be traded with this system?
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