Third Screen Strategy - Dr. Alexander Elder | Page 47 | Forex Factory

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Third Screen Strategy - Dr. Alexander Elder

  • #921
  • May 31, 2013 2:35pm May 31, 2013 2:35pm
Quoting fani
relax mate , i was just asking for some help , if u don't wana help then don't but dont speak like this n i just searched for GBPAUD analysis and found link to this thread so i asked , just asking for your opinion thats all
If we get back up to 1.615 which is another weekly resistance then I can say with almost 100% certainty that you will wipe out your entire account. So either close now or hope and pray.

You need to understand that in this thread we follow a strategy with certain rules and parameters and get a lot of questions here that have nothing to do with this strategy which is explained over and over again.

If you want to learn how to be a profitable trader then stick around and read through the entire thread, maybe you can recoup your losses that you've experienced with your GBP/AUD trades. Or, like I said earlier, you can hold your current positions and hope you don't get a margin call.
  • #922
  • May 31, 2013 3:16pm May 31, 2013 3:16pm
Quoting fani
hi i see many people here are trading GBPAUD , so i wanted to ask your views on this pair , well it had a good run this month , now do u guys see a potential for a reversal , i mean 1.5882 is a strong resistance and has held it so many times , well i went short on this pair when the price was on 1.5400 and now i am almost 500 pips negative , help me guys i dont know what to do cos i cant think of anything ,
I can't help you with gbp/aud analysis but I can help you with some advices.
1.Practice on demo account first,than go on live.
2.You are on really good thread (for me best on FF).
3.Re-read whole thread ( I asked some stupid questions at first,but when I read whole thread twice I got all the answers )
4.Nothing can be achieved through one night (just patience).
All best.
  • #923
  • May 31, 2013 3:26pm May 31, 2013 3:26pm
Hello Mr. Pip,

I was wondering about the Third Scr EA. i started it up this morning and it has taken one position per pair for the moment.
Is it going to build up more positions per pair or is it limited to just one trade at a time per pair ?
  • #924
  • May 31, 2013 3:32pm May 31, 2013 3:32pm
I know you're getting a lot of question 100pips, but If you don't mind, I have another one (Khaled can chime in too).

The EA is giving me A LOT of false signals that do not correspond to the entry rules. Oversold/Downtrend signals, overbought/uptrend signals, as well as the proper signals.


Are you guys aware of this bug, or is there something wrong with it on my end?

Thank you. I hope you had a profitable week 100pips. Can't wait for next week!
  • #925
  • May 31, 2013 3:34pm May 31, 2013 3:34pm
Quoting rexio
Hello Mr. Pip, I was wondering about the Third Scr EA. i started it up this morning and it has taken one position per pair for the moment. Is it going to build up more positions per pair or is it limited to just one trade at a time per pair ?

All depends on your Max Positions and the Delay in hours between new positions.

I have Max Positions set to 8 and Delay set to 6 hours. I've currently got 31 open trades all from within the past 2-3 days.
  • #926
  • May 31, 2013 6:28pm May 31, 2013 6:28pm
Quoting Erebus
{quote} You need to be more specific - Is this error message in Windows OS? If so, then you have not even got to applying the EA to a MT4 chart, in which case - Have you ever used any EA on MT4 up until now? If not, please go to Youtube and / or Google to take some lessons on putting the EA file in the correct folder. Thanks, E.
Thanks for your reply, I have no problem loading the indicators from threads, ie MACD, any helpful other indi that is posted, I do this by saving on COMPUTER/ACER/METATRADER/EXPERTS/INDICATORS/ and save, launch the META and it is all good,

At the moment , I simply receive the message as mentioned earlier. I shall look at you tube links shortly, thanks very much.

Thanks to all others for your helpful posts too.....
  • #927
  • May 31, 2013 7:43pm May 31, 2013 7:43pm
Quoting sio bel
{quote} Thanks for your reply, I have no problem loading the indicators from threads, ie MACD, any helpful other indi that is posted, I do this by saving on COMPUTER/ACER/METATRADER/EXPERTS/INDICATORS/ and save, launch the META and it is all good, At the moment , I simply receive the message as mentioned earlier. I shall look at you tube links shortly, thanks very much. Thanks to all others for your helpful posts too.....
Fair enough, you say you know what you are doing, the problem is we don't know know what you are doing. Until we do, there is very little we can do to help you.

As I said before, we need specific information, you offer very little, so - baby steps.

1. Now, the problem is you are getting an error message, while using MetaTrader 4, when applying the Third Screen EA to a chart - is that correct?

Yes or No

2. See the picture below, are you applying the Third Screen EA from the Expert Advisors folder in MetaTrader 4?

Yes or No

Then we will know where you are at, thanks, Erebus Advisor

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It takes a lot for me to IGNORE you, but you can try.
  • #928
  • May 31, 2013 9:24pm May 31, 2013 9:24pm
Quoting Erebus
{quote} Fair enough, you say you know what you are doing, the problem is we don't know know what you are doing. Until we do, there is very little we can do to help you. As I said before, we need specific information, you offer very little, so - baby steps. 1. Now, the problem is you are getting an error message, while using MetaTrader 4, when applying the Third Screen EA to a chart - is that correct? Yes or No 2. See the picture below, are you applying the Third Screen EA from the Expert Advisors folder in MetaTrader 4? Yes or No Then we will know...
Cool!! Now we have a new terminology, EA - Erebus Advisor.
Great Job - keep it up my friend
KISS - Keep It Simple Smart !!!!
  • #929
  • May 31, 2013 10:10pm May 31, 2013 10:10pm
Hi and thanks for your advise, answer is NO AND NO

I have a screenshot of the 100pips post that is on PAGE 43 and this is what I am clicking on...

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  • #930
  • May 31, 2013 10:13pm May 31, 2013 10:13pm
This is the message that I am recieving>...

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Thanks for taking the time to help, it is much appreciated, Sio
  • #931
  • Edited 11:41pm May 31, 2013 11:23pm | Edited 11:41pm
Quoting sio bel
This is the message that I am recieving>... {image} Thanks for taking the time to help, it is much appreciated, Sio
Oh man you do it wrong.Don't try to open that with Adobe Reader.I make 12 pictures for you.It's not HQ but it might helps you.

1 picture : Find and COPY files "MACD3SS" and "Third Screen Strategy-D1"
2 picture : Click Properties on your Meta Trader 4
3 picture : Click on "Find Target"
4.picture : Click "Open" on experts folder
5.picture: Than click "Open" on indicators folder
6.picture: Click "PASTE"
7.picture: Click "BACK" to experts folder
8.picture: Than click "PASTE" on expert folder
9.Picture: Click "OPEN" on Meta Trader 4
10.picture: On "Navigator" find Expert Advisor,than Third Screen Strategy D1,left click on it and click "Attach to a chart"
11.picture: When this windows appears mark all this fields and click OK
12.picture: make sure that you enable your EA


I hope this will help you. It's 06.40 in the morning I need some sleep.
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  • #932
  • May 31, 2013 11:32pm May 31, 2013 11:32pm
Many thanks for your help, I have managed to load it on to the Metatrader4 ,

I shall now observe it at work,

Thanks to Erebus too, Have a great weekend
  • #933
  • Jun 1, 2013 6:36am Jun 1, 2013 6:36am
Quoting Erebus
{quote} Fair enough, you say you know what you are doing, the problem is we don't know know what you are doing. Until we do, there is very little we can do to help you. As I said before, we need specific information, you offer very little, so - baby steps. 1. Now, the problem is you are getting an error message, while using MetaTrader 4, when applying the Third Screen EA to a chart - is that correct? Yes or No 2. See the picture below, are you applying the Third Screen EA from the Expert Advisors folder in MetaTrader 4? Yes or No Then we will know...
Erebus : Our live EA for Emergencies.
  • #934
  • Jun 1, 2013 6:51pm Jun 1, 2013 6:51pm
Quoting rexio
{quote} Erebus : Our live EA for Emergencies.
I'm glad he got it, but really, this is not the intention of 100_pips to run a tutorial thread for MT4 - I have seen on other threads, they will ban you quickly!

FF has a Platform Tech forum, you have Google, Youtube and the SEARCH function here to help answer any questions you have

If there is a major problem, yes we can help, BUT installing an Indicator or EA is pretty basic stuff

In fact, if you can't manage that without help, you probably should not even be playing with an EA ...... or FOREX for that matter

But hey, it is your money

It takes a lot for me to IGNORE you, but you can try.
  • #935
  • Edited 4:22am Jun 2, 2013 12:29am | Edited 4:22am
Quoting sio bel
very good trading , i have had problems/difficulty in loading the EA. I receive a blank screen with the message that "" the computer does not support this file."" Has anyone got any knowledge of this and a solution please.?? I would be grateful thank you..S

Sorry to have caused you so much concern...!!!!!. if you would like to observe my previous posting of thanks for the dashboard, you will see that I have loaded many indis quite easily.

The 10 screen answer that was given did not answer my question. but thanks to NIKOLA for trying to be helpful,

I simply asked a question because I was having a problem, a simple request was made..you really shouldn't get too nasty..!!

I have reported your disrespectful post to the administrator

Thanks to NIKOLA for being very helpful.
  • #936
  • Jun 2, 2013 4:29am Jun 2, 2013 4:29am
Quoting Erebus
{quote} You need to be more specific - Is this error message in Windows OS? If so, then you have not even got to applying the EA to a MT4 chart, in which case - Have you ever used any EA on MT4 up until now? If not, please go to Youtube and / or Google to take some lessons on putting the EA file in the correct folder. Thanks, E.
Your answer could have been ""go to Platform tech forum"....would have been easier..!!
  • #937
  • Jun 2, 2013 4:52am Jun 2, 2013 4:52am
Dear Traders , I have loaded MACD3SS in indicator and leave it there to make it tick , And Third Screen Strategy D1 Expert Folder into E A and loaded to Chart , Now what is Third Screen EA EMA . Is it for T S S or D120EMA&50EMA
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  • #938
  • Jun 2, 2013 5:26am Jun 2, 2013 5:26am
Quoting terminator12
Dear Traders , I have loaded MACD3SS in indicator and leave it there to make it tick , And Third Screen Strategy D1 Expert Folder into E A and loaded to Chart , Now what is Third Screen EA EMA . Is it for T S S or D120EMA&50EMA{image}
Please read the past 5 pages...

We use adjustable MACD. Not the MACD3SS.

The EMA is not used.
  • #939
  • Jun 2, 2013 10:43am Jun 2, 2013 10:43am
Khaled and 100PipsADay.
Awesome work on the Third Screen Strategy and EA. Just finished reading the thread the 2nd time. Thanks for the simple system
To Khaled, do you use the same setting as 100PipsADay for SL and TP on the pairs your are trading and what are your favourite pairs? And are you using only the EA for the trades shown in your demo?
Godwin
  • #940
  • Jun 2, 2013 11:59am Jun 2, 2013 11:59am
100pips,

Back in post 378 when Khaled asked you to pick the top 9 pairs for this straegy you posted,


"I would have to say in order from BEST to WORST it would have to be:


1) EUR/AUD
2) AUD/JPY
3) GBP/AUD
4) EUR/CAD
5) CAD/JPY
6) NZD/JPY
7) EUR/JPY
8) EUR/USD
9) AUD/NZD
10) NZD/USD
11) AUD/USD
12) GBP/USD"


How many pairs do you currently use this strategy on? I know you mentioned dropping AUD/NZD and GBP/USD.
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