Third Screen Strategy - Dr. Alexander Elder | Page 61 | Forex Factory

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Third Screen Strategy - Dr. Alexander Elder

  • #1,201
  • Jun 6, 2013 7:33pm Jun 6, 2013 7:33pm
Quoting Tok
{quote} 100pips said you are NOT supposed to take every trade. You need to review the pairs to find potential major S/R zones for reversals, and such. As is, you're probably going to lose on AUDUSD if the EA takes those trades for you, and as I said, possibly GBPAUD IF it reverses. Just giving you a heads up.
The recent resistance you talk about has been broken.
For the moment it is : fasten your seatbelts.
in GBPAUD we might go straight up to 1.6480.
This is now the first resistance on the daily chart.
  • #1,202
  • Jun 6, 2013 7:34pm Jun 6, 2013 7:34pm
Quoting rexio
{quote} The recent resistance you talk about has been broken. For the moment it is : fasten your seatbelts. We might go straight up to 1.6480. This is now the first resistance on the daily chart.
O lawd.
  • #1,203
  • Jun 6, 2013 7:41pm Jun 6, 2013 7:41pm
Hi Guys, it is really great to read all your posts for the past 24 hours, good to read all the tips and advice......thanks to all...

I was worried that my EA was not picking up the same trades as you all ..BUT....after my night's sleep I have checked in and am BLOWN AWAY....!!!!

You will see many,many pips....yippeeeeee...!!!

Attached Image (click to enlarge)
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Thanks to 100 pips and to all ..Have a great weekend.....
Onwards and upwards...
  • #1,204
  • Jun 6, 2013 7:59pm Jun 6, 2013 7:59pm
Hi again, I have noted that the EA has continued functioning even though the PC has been closed down for 10 hours...!!

Some people had concerns that they were losing trades if they turned off their PC, hope this helps...
Onwards and upwards...
  • #1,205
  • Jun 6, 2013 8:16pm Jun 6, 2013 8:16pm
Quoting soccerfan
Hi again, I have noted that the EA has continued functioning even though the PC has been closed down for 10 hours...!! Some people had concerns that they were losing trades if they turned off their PC, hope this helps...
What?

How is it possible for an EA to function if your PC is turned off? That doesn't make sense to me.
  • #1,206
  • Jun 6, 2013 8:17pm Jun 6, 2013 8:17pm
Quoting Tok
{quote} What? How is it possible for an EA to function if your PC is turned off? That doesn't make sense to me.
No sense to me either, impossible to open new trades

I'm sure that his existing trades are still running

that is all he can see

It takes a lot for me to IGNORE you, but you can try.
  • #1,207
  • Jun 6, 2013 8:20pm Jun 6, 2013 8:20pm
It doesn't make sense to me, either,

I think we should ignore that post for a while...I shall keep a check next week,

maybe the PC was still functioning.....next time i shall unplug it and ensure it is well and truly OFF..!!

Please don't be too hard on me Guys....
Onwards and upwards...
  • #1,208
  • Jun 6, 2013 8:21pm Jun 6, 2013 8:21pm
Does anyone know why I am getting so many false signals with the EA? Literally my last 5 signals have all been false. I must have done something incorrectly?
  • #1,209
  • Jun 6, 2013 8:33pm Jun 6, 2013 8:33pm
Quoting Tok
Does anyone know why I am getting so many false signals with the EA? Literally my last 5 signals have all been false. I must have done something incorrectly?
If you want a great EA, click on my name to view the Trade Explorer I linked just now

It takes a lot for me to IGNORE you, but you can try.
  • #1,210
  • Jun 6, 2013 9:02pm Jun 6, 2013 9:02pm
Quoting Erebus
{quote} If you want a great EA, click on my name to view the Trade Explorer I linked just now
I clicked on your name, but I can't seem to find any EA on your trade explorer? Can you perhaps be more specific?


And this is an updated third screen strategy D1 MACD EA, right? Not the EMA one?
  • #1,211
  • Jun 6, 2013 9:32pm Jun 6, 2013 9:32pm
Quoting Tok
{quote} I clicked on your name, but I can't seem to find any EA on your trade explorer? Can you perhaps be more specific? And this is an updated third screen strategy D1 MACD EA, right? Not the EMA one?
Completely different EA

As for viewing, I don't know, did you scroll down?

When I click on other members' names, that is how I view their Trade Explorers

Here is a sneak preview, don't want to upset 100_pips or the thread

Attached Image (click to enlarge)
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It takes a lot for me to IGNORE you, but you can try.
  • #1,212
  • Jun 6, 2013 9:38pm Jun 6, 2013 9:38pm
Quoting Erebus
{quote} Completely different EA As for viewing, I don't know, did you scroll down? When I click on other members' names, that is how I view their Trade Explorers Here is a sneak preview, don't want to upset 100_pips or the thread {image}
Oh, I thought you meant another version of this strategies EA.

I'm definitely going to stick to this strategy. I just wish my EA didn't have so many false signals. I don't understand if this issue is universal (which from some posts, it seems like it is), or its just me. I mean, 100pips isn't complaining about any bugs, so It seems like I must be doing something wrong.
  • #1,213
  • Jun 6, 2013 9:46pm Jun 6, 2013 9:46pm
About to cash in...

hope I didn't put the HEX on these trades

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It takes a lot for me to IGNORE you, but you can try.
  • #1,214
  • Jun 6, 2013 9:53pm Jun 6, 2013 9:53pm
Very nice.

Only if that was a live account, eh?
  • #1,215
  • Jun 6, 2013 10:47pm Jun 6, 2013 10:47pm
Quoting Tok
Very nice. Only if that was a live account, eh?
Tok Which one is better D1-MACD or 20EMA750EMA Mine is very slow no trade ??? D1=MACD
  • #1,216
  • Jun 6, 2013 10:54pm Jun 6, 2013 10:54pm
Quoting terminator12
{quote} Tok Which one is better D1-MACD or 20EMA750EMA Mine is very slow no trade ??? D1=MACD
They're both good. I can't really comment on which one is better, but If I had to, I'd say the third screen strategy (this one).

You should be having trades. Your EA must still be disabled for some reason ? Check your settings and make sure your EA is enabled (Smiley face on the top left corner of your chart).
  • #1,217
  • Jun 6, 2013 11:01pm Jun 6, 2013 11:01pm
Attached Image (click to enlarge)
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Tok Here is sample . Everything is in order ? Wonder why , Am i using wrong W%R i use it from Indicators , Not custom IN.... .
  • #1,218
  • Jun 6, 2013 11:12pm Jun 6, 2013 11:12pm
Quoting terminator12
{image} Tok Here is sample . Everything is in order ? Wonder why , Am i using wrong W%R i use it from Indicators , Not custom IN.... .
Everything looks fine. It should be working.

Make sure you're applying it across the various different pairs as previously suggested by 100pips. Then just wait until the entry points present themselves.
  • #1,219
  • Jun 6, 2013 11:22pm Jun 6, 2013 11:22pm
Quoting Tok
{quote} Everything looks fine. It should be working. Make sure you're applying it across the various different pairs as previously suggested by 100pips. Then just wait until the entry points present themselves.
Have got 15 trades , Will put 2 more and i must have patience , Thanks ,
  • #1,220
  • Jun 6, 2013 11:33pm Jun 6, 2013 11:33pm
Quoting terminator12
{quote} Have got 15 trades , Will put 2 more and i must have patience , Thanks ,
In that case, it must be the set time delay which is preventing the EA from placing anymore trades.

There is a default 6 hour delay in the settings, which you can change. The EA will not open another trade with the same pair within this time frame. That is why it is not opening anymore positions for you.
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