Extracted Thread (per thread starter's request) | Page 338 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

1 trade per pair per year 6 replies

multiple systems per pair/multiple pairs per system? 3 replies

Extracted Post (per poster's request) 0 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: Extracted Thread (per thread starter's request)
Exit Attachments

Extracted Thread (per thread starter's request)

  • #6,741
  • Apr 24, 2013 7:10pm Apr 24, 2013 7:10pm
Yea I understand that the last line is all the settings. For instance the first number is the time frame, the second number is box length, 3rd number box range, 4th number box buffer, etc. All the numbers are the same when I try to get duplicate results to see how I can make it better but for some people they re able to change it to 13 vs the standard 45. Just wondering what the are doing different... Maybe it would help us all..
Faith ends where worry begins, and worry ends where faith begins.
  • #6,742
  • Apr 24, 2013 7:12pm Apr 24, 2013 7:12pm
Quoting oztrader79
{quote} Hi Forexvegan, It is the "auto reduce CZ" option, I generally have it set to false. Cheers Ben
Awesome OZ, thanks. Is 79 the year you were born? We are the same age. Where from? Chicago here, I am Indian I take it your are Asian as well. Thank you friend.
Faith ends where worry begins, and worry ends where faith begins.
  • #6,743
  • Apr 24, 2013 7:14pm Apr 24, 2013 7:14pm
Quoting AltosTrader
ForexVegan - I am too actually. That last line is all code for Xux99 to help with debugging peoples problems when they are not showing the three panels, in other words, all their settings. It has no effect on what the indi is doing. It is just giving Xux info. Description bu FXH in post 5371
Thank you Altos for your positive reply.
Faith ends where worry begins, and worry ends where faith begins.
  • #6,744
  • Apr 24, 2013 7:19pm Apr 24, 2013 7:19pm
Quoting forexvegan
{quote} Awesome OZ, thanks. Is 79 the year you were born? We are the same age. Where from? Chicago here, I am Indian I take it your are Asian as well. Thank you friend.
no problems. Does Aussie count as Asian? ha ha probably not but I trade mainly through the asian session. I'm here in Canberra.
  • #6,745
  • Apr 24, 2013 7:48pm Apr 24, 2013 7:48pm
Nice, if you ever want to talk offline on an IM let me know? Can get boring some nights when I trade here hehehe. I have all the messangers
Faith ends where worry begins, and worry ends where faith begins.
  • #6,746
  • Apr 24, 2013 8:18pm Apr 24, 2013 8:18pm
Trade from last night and one that just completed. Hard to turn down 60 pips.

http://i262.photobucket.com/albums/i...bpusdm15_7.png (http://s262.photobucket.com/user/yentes1/media/FX/gbpusdm15_7.png.html)

Nothing special to this. Just took the order based upon the Indicator and let it run.
  • #6,747
  • Apr 24, 2013 9:47pm Apr 24, 2013 9:47pm
Quoting grimnokk
Trade from last night and one that just completed. Hard to turn down 60 pips. {image} (http://s262.photobucket.com/user/yentes1/media/FX/gbpusdm15_7.png.html) Nothing special to this. Just took the order based upon the Indicator and let it run.
Yes caught this one this morning too for 40 pips.
  • #6,748
  • Apr 24, 2013 11:43pm Apr 24, 2013 11:43pm
Hi everyone, I just started trading this system and was fooling around with the settings on different timeframes. Take a look, of course hindsight is 20/20!
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpyh4 screenshot.png Size: 57 KB
  • #6,749
  • Apr 25, 2013 7:57am Apr 25, 2013 7:57am
Quoting melodious
Hi everyone, I just started trading this system and was fooling around with the settings on different timeframes. Take a look, of course hindsight is 20/20!{image}
Interesting settings. I wasn't able to get those, but I also noticed that you are not using the most up to date Indicator. So between that and the different brokers should explain it. Those numbers do look good though.
  • #6,750
  • Apr 25, 2013 10:04am Apr 25, 2013 10:04am
Quoting melodious
Hi everyone, I just started trading this system and was fooling around with the settings on different timeframes. Take a look, of course hindsight is 20/20!{image}
Why would you even think about putting a chart up and then ask for our opinion? What do you think our opinion is going to be? The real question is will you trade it? If so why and if not why not. Its your opinion that counts not ours. If you want help to learn how to trade SSBO you have to let us know what you're thinking and why.
I make money anywhere in the world by taking orders
  • #6,751
  • Edited 7:04pm Apr 26, 2013 12:07am | Edited 7:04pm
Quoting SedonaPipper
{quote} Why would you even think about putting a chart up and then ask for our opinion? What do you think our opinion is going to be? The real question is will you trade it? If so why and if not why not. Its your opinion that counts not ours. If you want help to learn how to trade SSBO you have to let us know what you're thinking and why.
I wasn't asking for anything, just wanted to share what I found in case anyone was interested. Most of the charts posted here have been 15m charts. And yes I will be trading the next set up with these settings.

Edit: I am sorry for offending you and polluting this thread, and wasting your time with my useless chart. I was excited about this system, and the powerful indicator. Thank you ForexHard and others for the countless hours you have put into this so that others may learn.

For the record, I have spent the last week reading this thread and using hand drawn boxes the get familiar with trading this system and am very excited about it's potential.

I am a new member to this thread and to forex factory, however I am not new to trading. I can recognize a good thing when I see one.

all the best
  • #6,752
  • Edited 2:09am Apr 26, 2013 12:21am | Edited 2:09am
Quoting grimnokk
{quote} Interesting settings. I wasn't able to get those, but I also noticed that you are not using the most up to date Indicator. So between that and the different brokers should explain it. Those numbers do look good though.
Thanks, I guess I will go find the newest indicator now.
found it, Cheers!
  • #6,753
  • Apr 26, 2013 12:56am Apr 26, 2013 12:56am
Quoting melodious
{quote} Thanks, I guess I will go find the newest indicator now.
Here is a hint. Find one of ForexHard's posts, and you will find where the latest indi is located. Any of his posts will do.

BBQ
  • #6,754
  • Apr 26, 2013 2:33am Apr 26, 2013 2:33am
Anybody know where I can get an equivelant of this small trade manager used on the Vantage platform. I want one that can be used on any MT4.
Attached Image
  • #6,755
  • Apr 26, 2013 7:04am Apr 26, 2013 7:04am
ForexHard
Thanks for your great indicator. I primarily trade Renko charts. I was woundering if you could program the indicator to default to the Chart, that way it would default to my renko charts.

Thanks in advance
  • #6,756
  • Edited 8:32am Apr 26, 2013 7:41am | Edited 8:32am
Ok here is a lessons learned. Since all of my charts so far have been on the winning side, here is a loser for me. And what i did wrong.

http://i262.photobucket.com/albums/i...9c8a197972.jpg (http://s262.photobucket.com/user/yentes1/media/FX/06b79a7c-ad65-4f57-acf6-af9c8a197972.jpg.html)

Looks good in the picture yes? Problem being, I use a trade manager to manage my trades for me once I manually enter the first "Breakout" trade. What went wrong here, is a decimal point error in my trade manager lot sizes that I set. So with this set of trades, it went to recovery trade 2 and would have hit TP. But due to a decimal point error on my part when entering the lot size for recovery trade 2, I am now down $30 instead of up $6.

So lesson learned: Pay attention to what you are entering. Decimal points make a huge difference.

Even with this setback I am still positive for the week so I cant be to upset about it.
  • #6,757
  • Apr 26, 2013 8:10am Apr 26, 2013 8:10am
Thanks to FX Hard, thanks to developpers of the indicator (i am using the 'old' one too).

I am in profit (+36% since february) and feel comfortable for the future.

Thanks to you guys !
  • #6,758
  • Apr 26, 2013 8:27am Apr 26, 2013 8:27am
Quoting melodious
{quote} I wasn't asking for anything, just wanted to share what I found in case anyone was interested. Most of the charts posted here have been 15m charts. And yes I will be trading the next set up with these settings.
WOW take a look at what I did. We can share all kinds of settings and come up with all kinds of interesting results. So what! You asked us to take a look at what you did. That's asking for something. I am sure you will be trading the next set up and probably bet the house on it because you have a garaunteed winner. Now this is not a pissing match because I don't care what you think of me. I care about this thread and to have a newbie come on and show off his shiney new toy is out of integrity with the thread. Next time show us the results of your trade and talk about how it felt when you were down 150 pips before going into profit. That's far more valuable to the thread than settings that produced a 100% winner or 6 million pips in 100 days.
Attached Image (click to enlarge)
Click to Enlarge Name: ssbo retort.JPG Size: 204 KB
I make money anywhere in the world by taking orders
  • #6,759
  • Apr 26, 2013 11:55am Apr 26, 2013 11:55am
Hi there,

This week I was busy, so I can't post in a while. For me, it was a bit complicated trading cable this week. Nowadays I looked some pips, so I'm happy and trying to perform better, and don't be afraid, I use to move TP and SL by the rushes of the market. This is not a good behaviour. Sure I can improve that.

I left you here posted two operations today on cable. First I was stopped out, and then reenter when it turns again up. Bought one lot. No martingale by the moment.

Have a nice good weekend!
Attached Image (click to enlarge)
Click to Enlarge Name: 0426_gbpusdm15.png Size: 103 KB
  • #6,760
  • Apr 26, 2013 12:04pm Apr 26, 2013 12:04pm
Just something I discovered. If you trade GBP/USD and you don't know when to open your trading station, it's a good idea to check your charts around 8:00 - 8:30 AM GMT + 2:0. Often CZ are finished forming around this time and more important price often retraced back a little into the CZ without compromising the win ratio of the strategy. Entering the market with a few pips less to stop-loss at a same % of risked capital means a bigger R:R without touching your TP. Take a look around 8:00 - 8:30 if a new CZ formed take it at the break, don't wait for retrace, but often a little retrace took allready place without meaning that there is a higher probability of loss, would be a shame not to take this opportunity. I tested different inputs for bars en range, this phenomenon happens with most of them.

Just my 2 cents
Don’t ever let someone tell you that you can’t do something.
2 traders viewing now