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  • #2,961
  • Aug 7, 2012 5:25am Aug 7, 2012 5:25am
Quoting forexhard
G/U comes alive early this week, and we're off!...
Could you say how many pips is the stop set at in this set of stats?
If it is at the entry for the opposite side, then R:R is very close to 1:1.
It is hard for me to assess the value of those stats without this info.

Or must I just be patient and wait for the indi?

Larry
  • #2,962
  • Edited 11:30am Aug 7, 2012 11:14am | Edited 11:30am
Larry, as it stands now the default SL value for the indi is the opposite side of the CZ, not including the buffers. Which has pretty much been my preferred method for as long as I can remember.

In the last few examples I've posted the buffers are set at 2p, and the maximum height of the CZ is 24p (which can now become smaller based on current PA, unlike the Squalou indi), which means the maximum SL can only be 26p (24+2) with this grouping. And if the CZ height is less, then the SL value will be also -- for that one specific trade set. The buffer size doesn't change.

So in a nutshell: Trades open upon crossing the buffer, close at the opposite side of the CZ, then re-open at the next buffer crossing (irrespective). Which does create a 1:1 ratio in the end, plus spread of course.

Hope this helps.

Edit: Pls check your PM's...
To improve is to change. To perfect, is to change often.
  • #2,963
  • Aug 7, 2012 11:36am Aug 7, 2012 11:36am
Here's how that last CZ played out, Larry. I've changed the chart icons to black so the starting & stopping points are a little easier to see.
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To improve is to change. To perfect, is to change often.
  • #2,964
  • Aug 7, 2012 11:31pm Aug 7, 2012 11:31pm
Two boxes in 2 days. Unusual. And cool.
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To improve is to change. To perfect, is to change often.
  • #2,965
  • Aug 8, 2012 1:03am Aug 8, 2012 1:03am
Quoting forexhard
Two boxes in 2 days. Unusual. And cool.
38 bars and counting. Nice

Do you ever sleep FXHard?
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I never know what's gonna happen, so how can I be wrong?
  • #2,966
  • Aug 8, 2012 1:55am Aug 8, 2012 1:55am
1st attempt at what you guys are doing...gonna stick with the manual drawing...

dojirock
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  • #2,967
  • Aug 8, 2012 2:34am Aug 8, 2012 2:34am
Still looking good!

gonna catch some shuteye

dojirock
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  • #2,968
  • Aug 8, 2012 2:59am Aug 8, 2012 2:59am
Did anyone get this spike last night on NU?

Pending orders got blown away, my other broker was fine.
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  • #2,969
  • Aug 8, 2012 3:02am Aug 8, 2012 3:02am
Quoting moodybot
Did anyone get this spike last night on NU?

Pending orders got blown away, my other broker was fine.
No matey, not on either of mine?
I never know what's gonna happen, so how can I be wrong?
  • #2,970
  • Aug 8, 2012 3:08am Aug 8, 2012 3:08am
Quoting caseypin
No matey, not on either of mine?

Cheers,. Might contact customer service to hear some lies, lol.
  • #2,971
  • Aug 8, 2012 3:09am Aug 8, 2012 3:09am
Quoting moodybot
Cheers,. Might contact customer service to hear some lies, lol.
Ha, good luck with that.
I never know what's gonna happen, so how can I be wrong?
  • #2,972
  • Aug 8, 2012 9:39am Aug 8, 2012 9:39am
Worked out nice! Done for day....

dojirock
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  • #2,973
  • Aug 8, 2012 11:44am Aug 8, 2012 11:44am
Quoting moodybot
Did anyone get this spike last night on NU?

Pending orders got blown away, my other broker was fine.

Well, the broker got backto me and denied there was a spike last night, say no more!!
  • #2,974
  • Aug 8, 2012 11:47am Aug 8, 2012 11:47am
Moody, did they have an explanation for why your orders were closed early?
To improve is to change. To perfect, is to change often.
  • #2,975
  • Aug 8, 2012 11:57am Aug 8, 2012 11:57am
Quoting forexhard
Moody, did they have an explanation for why your orders were closed early?

Thats the worry, the opposite order didn't fire, same issue happened to a trading buddy of mine. Must of been the speed of it, but they are in denial that the spike happened,I even emailed a pic of the spike!

Im using LK's ea, pending orders giving the game away!.

Am running it on a different broker now, be interesting if it gets pinged again.

M.
  • #2,976
  • Aug 8, 2012 12:14pm Aug 8, 2012 12:14pm
If they deny the spike after being shown a pic of it, this says you are now being watched and that they can no longer be trusted. Your acct has been flagged, and you can expect this to happen again. This is the stuff that gives brokers a bad name. You should think about posting this experience in the Broker section.
To improve is to change. To perfect, is to change often.
  • #2,977
  • Aug 8, 2012 12:26pm Aug 8, 2012 12:26pm
Quoting forexhard
If they deny the spike after being shown a pic of it, this says you are now being watched and that they can no longer be trusted. Your acct has been flagged, and you can expect this to happen again. This is the stuff that gives brokers a bad name. You should think about posting this experience in the Broker section.
Fortunately I was on demo testing LK sending correct orders, my buddy wasn't so lucky.

I have emailed again for clarification, however no live funds will be heading their way now.

Damn annoying, your method and pending orders go hand in hand.

M.
  • #2,978
  • Aug 8, 2012 12:55pm Aug 8, 2012 12:55pm
Quoting moodybot
Fortunately I was on demo testing LK sending correct orders, my buddy wasn't so lucky.

I have emailed again for clarification, however no live funds will be heading their way now.

Damn annoying, your method and pending orders go hand in hand.

M.
It turns out my buddy using the live feed without the ea had no spike, his demo platform, same as mine had the spike using the ea... although its been denied.

Looks like their watching the demo's a little closer than I thought.

M.
  • #2,979
  • Aug 8, 2012 1:03pm Aug 8, 2012 1:03pm
Quoting moodybot
Damn annoying, your method and pending orders go hand in hand.

M.
For myself, having followed this thread from the start, I wouldn't use stop orders at all. I need to see a significant candle close outside the CZ. There are EA's which do this.
  • #2,980
  • Aug 8, 2012 1:12pm Aug 8, 2012 1:12pm
Quoting Swg123
For myself, having followed this thread from the start, I wouldn't use stop orders at all. I need to see a significant candle close outside the CZ. There are EA's which do this.
Difficult to watch a trade set 24/7, hence using the LK, will probably get one made to close on s/l and immediate open the opposite trade without setting pending orders, a variable range wouldn't go amiss either.

The method using tradesets is sublime, the brokers attitude and methods are something else.

M.
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