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Sonic R. System

  • #49,741
  • May 27, 2013 4:14pm May 27, 2013 4:14pm
Hey Guyssss take a look fast movement on GU..pay attention
  • #49,742
  • May 27, 2013 4:33pm May 27, 2013 4:33pm
  •  St3ve
  • | Joined Jan 2013 | Status: Recovering from losses ... | 77 Posts
Quoting St3ve
... hopefully, I can grab a few hours here and there to implement your requested feature! I may have a first version till the next weekend, but testing and documenting will take its time - so don't expect it to be released the following week. steve

I just finished a first version of the SonicR Trade Levels indicator including the requested features. It can manage hidden SL and TP points and act appropriately when price reaches those. Values still have to be set in the indicator properties - draggable lines will be implemented some time in the future.

There is just one big problem ...
Custom indicators in MT4 are not allowed to close trades. So the only solution would be to change the code from a custom indicator to an expert advisor. Would this be an absolute no-go or shall I continue coding it as an EA?


steve
  • #49,743
  • May 27, 2013 4:38pm May 27, 2013 4:38pm
Thank you Dmitry, I appeciate it

Quoting DmitryFX
{quote}Okanemici, you have to install font separately.Usually it's enough just double click on it.OR: Control panel>Fonts>File>Instal font> choose fileMay be need to restart OS.
  • #49,744
  • Edited May 28, 2013 1:40am May 27, 2013 4:42pm | Edited May 28, 2013 1:40am
@Tymedu

What I would like to see in the document is:

1) What?
A more developed than the last of the major concepts, with an example. Some important details (like candles identifying bull / bear, or diference between runing for profits vs adding positions...) should be accompanied by several examples of what is right and what NOT CORRECT, either.

2) When?
Specific guidelines to follow since we decided to open a graph. Style: 1 - Watching significant volumes trend and H1, 2 - Go to M15 and confirm that ...

3) How?
A checklist to help us confirm some decisions or interpretations of the graphics.

3) How much?
Money managenet.

Tymedu Sorry, do not mean to claim, just answer your request (for the moment I can not think of anything else).

All TAH depth explanations, like the others, are still very grateful and are enormously useful, but sometimes inexperienced (promise that in no case of laziness) and clumsy with English like me, need a collection with words for dummies.
Newbie trader
  • #49,745
  • May 27, 2013 5:00pm May 27, 2013 5:00pm
Quoting fex
All TAH depth explanations, like the others, are still very grateful and are enormously useful, but sometimes inexperienced (promise that in no case of laziness) and clumsy with English like me, need a collection with words for dummies.
Yes it is true.

This thread about forex strategy (for me) is the best and concrete. But I don't understand everything. Posts last 2-3 weeks have more example (thx).
  • #49,746
  • May 27, 2013 5:09pm May 27, 2013 5:09pm
USDJPY closed 200 pips of profit and start to build another position for Short!

What we have here is M5 chart showing on the opening of the day some serious bear volume, which are nicely added to the previous bear volume in a last few hours and days. I see a 100 odd pips run down before correction, if Japan wont go bankrupt within few hours. Will add 2-3 scouts for position building earlier in the morning!

Attached Image (click to enlarge)
Click to Enlarge Name: usdjpym5.png Size: 74 KB
There is no spoon....
  • #49,747
  • May 27, 2013 5:44pm May 27, 2013 5:44pm
EURGBP PVRSA shows increased activity near half number. MM Bear! Added 1st short.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpm1.png Size: 70 KB
There is no spoon....
  • #49,748
  • May 27, 2013 6:08pm May 27, 2013 6:08pm
AUDUSD m1 PVRSA Added 2nd long scout. MM still looking for good entry, it might be few more positions before MM get they Price right to shot long!
Attached Image (click to enlarge)
Click to Enlarge Name: audusdm1.png Size: 82 KB
There is no spoon....
  • #49,749
  • May 27, 2013 7:43pm May 27, 2013 7:43pm
It looks like you need two other challenges Msis I disagree with both eurgbp short and audusd long for now !

Eurgbp in still bull zone,which is above 0.85 and 0.8530.Audusd needs a lot of things before a long.You need to see above 0.9750 and 0.99 first.
You need to learn to trade the higher time frames my friend.It will be better for your health and money !

There are also gbpusd longers here but looks like asian session has bad news for them too !!!

Quoting Msis125125
EURGBP PVRSA shows increased activity near half number. MM Bear! Added 1st short. {image}

Quoting Msis125125
AUDUSD m1 PVRSA Added 2nd long scout. MM still looking for good entry, it might be few more positions before MM get they Price right to shot long! {image}
  • #49,750
  • May 27, 2013 7:51pm May 27, 2013 7:51pm
Quoting SCopier
Look like EJ will have GAP down until now (Source XE.com) PS: Happy Birthday Master Deejay {image}
look like you wake up in the morning .
hello you copy there ..

Attached Image (click to enlarge)
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  • #49,751
  • May 27, 2013 8:32pm May 27, 2013 8:32pm
Started to build AU long. I believe there are signs of MM taking long positions.

The new indicators are great thanks to all who participated in the development.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: 15min AU PVA.jpg Size: 278 KB
  • #49,752
  • May 27, 2013 8:35pm May 27, 2013 8:35pm
Quoting traderathome
{quote}UChf Short Trade: Edit: Added short #2 and #3, Scouts. Moved SL and TP. I had set a pending order in case price was taken higher while I slept. It was, so that was #2. Then I added #3 later. Pic is updated to show correctly. {image}
UChf Short Trade:

Added short #4, Scout. PVSRA: M1 shows price was run up thru 3/4SR followed by high activity, indicating bears seeking higher prices to short.
Attached Image (click to enlarge)
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  • #49,753
  • May 27, 2013 8:40pm May 27, 2013 8:40pm
Quoting traderathome
{quote}EU Long Trade: Added long #2, Scout. PVSRA: M1 shows MMs pulled price down, below half number, and increased trading activity indicating the MMs are bulls seeking lower prices for buying (pic1). Set TP. Edit (Just after USD release): Added long #3, Scout. PVSRA: M1 shows the MMs response to USD release was to drive price lower and increase trading further = still MMs are bulls seeking low prices for buying (pic2). Adjusted TP. {image} {image}
EU Long Trade:

Added longs #4 and #5, Scouts. PVSRA: M1 shows price taken below whole number followed by heavy trading, indicating bulls seeking lower prices to add longs.
Attached Image (click to enlarge)
Click to Enlarge Name: may 2013 - 264.png Size: 41 KB
  • #49,754
  • May 27, 2013 8:44pm May 27, 2013 8:44pm
Quoting traderathome
{quote}UCad Short Trade: Added short #3, Scout. PVSRA: M1 subsequent to USD release shows MMs hiked price and then increased trading, indicating MMs are bears seeking higher prices for selling. {image}
UCad Short Trade:

Added short #4, Scout. PVSRA: M1 shows price taken above half number followed by increased activity, indicating bears seeking higher prices to short.
Attached Image (click to enlarge)
Click to Enlarge Name: may 2013 - 265.png Size: 45 KB
  • #49,755
  • May 27, 2013 8:50pm May 27, 2013 8:50pm
Quoting traderathome
{quote}UChf Short Trade: Added short #4, Scout. PVSRA: M1 shows price was run up thru 3/4SR followed by high activity, indicating bears seeking higher prices to short. {image}
Hi,I'm new to this system
just add it into trade level right? not to enter yet
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  • #49,756
  • May 27, 2013 9:00pm May 27, 2013 9:00pm
Quoting St3ve
{quote} I just finished a first version of the SonicR Trade Levels indicator including the requested features. It can manage hidden SL and TP points and act appropriately when price reaches those. Values still have to be set in the indicator properties - draggable lines will be implemented some time in the future. There is just one big problem ...Custom indicators in MT4 are not allowed to close trades. So the only solution would be to change the code from a custom indicator to an expert advisor. Would this be an absolute no-go or shall I continue...
St3ve,

If I understand you correctly, while in the form of a custom indicator, EP, SL and TP lines can be drawn per orders made in MT4, but there would be no point in "drag and drop" since such would not be able to change any pending MT4 order.

On the other hand, if this were an EA, then "drag and drop" would be functional.

This being the case, I would suggest wrapping up the work on the custom indicator, which I suppose was pretty much already complete the way you did it except for my having changed some things in the weekend release. Bring your work and my changes together and I guess that is it. You can email to me at: [email protected] and I will start putting together another update, maybe for this weekend, or you can simply post on the thread.

I do hope you go on to also create an EA, functional to draw the EP, SL, TP lines per orders placed in MT4 and then reviseable via "drag and drop". Then either can be used by Sonicers, by their preference.
  • #49,757
  • Edited May 28, 2013 4:28am May 27, 2013 9:13pm | Edited May 28, 2013 4:28am
Quoting okanemici
It looks like you need two other challenges Msis I disagree with both eurgbp short and audusd long for now ! Eurgbp in still bull zone,which is above 0.85 and 0.8530.Audusd needs a lot of things before a long.You need to see above 0.9750 and 0.99 first.You need to learn to trade the higher time frames my friend.It will be better for your health and money ! There are also gbpusd longers here but looks like asian session has bad news for them too !!! {quote} {quote}
"There are also gbpusd longers here but looks like asian session has bad news for them too !!! " - okanemici

You are totally wrong. This Asian session PA is the best news there could be for GU longs. Same with the Asian session bounce off the whole number; that's good bullish action which might or might not result in a long setup. If not, then very likely in the LS. Edit: see pic. 3!

The problem with some of your posts is that you give out advice like, "You need to learn to trade the higher time frames my friend.It will be better for your health and money !", when that is only an opinion which you have. If you expect folks to pay any attention to such advice as this, then post your trades real-time, and regularly, to demonstrate to folks what exactly it is that they need to learn about trading higher time frames, and to demonstrate the consistency of the value of your advice.
Attached Image(s) (click to enlarge)
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  • #49,758
  • Edited 9:50pm May 27, 2013 9:39pm | Edited 9:50pm
Quoting EliteNatt
{quote} Hi,I'm new to this systemjust add it into trade level right? not to enter yet
I make my trades and then I put the trade particulars into the Trade Levels indy and post the trade pic., which I find to result in the most easily understood trade post, with the cleanest trade picture possible, which was the whole intent behind writing the Trade Levels indy.

Trades can make money, but good trade posts can help others learn to do the same.
  • #49,759
  • May 27, 2013 9:49pm May 27, 2013 9:49pm
Quoting jasakreatif
{quote} look like you wake up in the morning .hello you copy there .. {image}
Sometimes I check price @ XE.com when market still in Holiday

EJ: entered 3th SHORT (too early for 1st and 2nd)

Attached Image (click to enlarge)
Click to Enlarge Name: ej.jpg Size: 330 KB
  • #49,760
  • May 27, 2013 9:49pm May 27, 2013 9:49pm
Quoting traderathome
{quote}I make my trades and then I put the trade particulars into the Trade Levels indy and post the trade pic., which I find to result in the most easily understood trade post, with the cleanest trade picture possible, which was the whole intent behind writing the Trade Levels indy.
ty,for reply
so you already entered at EP #1
Quoting traderathome
UChf Short Trade: Entered short #1, Scout. PVSRA: No proper HL wave to be called a Classic, but price just dropped from previous highs strongly. There might be a pullback once LS starts. I might add another short. {image}
I'm try to understand it and my English not very good lol
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