Third Screen Strategy - Dr. Alexander Elder | Page 62 | Forex Factory

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Third Screen Strategy - Dr. Alexander Elder

  • #1,221
  • Jun 6, 2013 11:37pm Jun 6, 2013 11:37pm
Quoting Tok
{quote} 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.
Tok What time delay should i set , Its still 6 hours , change to >>>> please .
  • #1,222
  • Jun 6, 2013 11:39pm Jun 6, 2013 11:39pm
Quoting terminator12
{quote} Tok What time delay should i set , Its still 6 hours , change to >>>> please .
Keep it at 6.
  • #1,223
  • Jun 6, 2013 11:40pm Jun 6, 2013 11:40pm
Quoting Tok
{quote} Keep it at 6.
Tok Thanks
  • #1,224
  • Jun 7, 2013 12:07am Jun 7, 2013 12:07am
Quoting terminator12
{quote} Have got 15 trades , Will put 2 more and i must have patience , Thanks ,
Hi Malcon,
You need to be a bit patient. I found H1 W%R does not reach Over Sold or Over Bought area at a time. In case of some brokers, reached 30 min ago while another one 20 min later. So you may find that your pairs differs with 100PipsADay's trade pair.

Have a nice day.

Regards.
KISS - Keep It Simple Smart !!!!
  • #1,225
  • Jun 7, 2013 12:16am Jun 7, 2013 12:16am
Quoting khaled_ctg
{quote} Hi Malcon, You need to be a bit patient. I found H1 W%R does not reach Over Sold or Over Bought area at a time. In case of some brokers, reached 30 min ago while another one 20 min later. So you may find that your pairs differs with 100PipsADay's trade pair. Have a nice day. Regards.
Ok all Brokers are different , Yes i hope my broker are good , Had no complain with them , Ok my one trade open now , My problem as always no patient , Malcolm ,
  • #1,226
  • Jun 7, 2013 1:01am Jun 7, 2013 1:01am
Khaled,
I have noticed from your Trade Explorer that in the past 3/4 days that your opened trades are closed at the end of the day. Is that your trading Strategy for your 'set and forget' system?
  • #1,227
  • Jun 7, 2013 1:05am Jun 7, 2013 1:05am
Quoting Godwin Igili
Khaled, I have noticed from your Trade Explorer that in the past 3/4 days that your opened trades are closed at the end of the day. Is that your trading Strategy for your 'set and forget' system?
Yes. You are right. I am testing the strategy with along with "Third Screen Strategy". I just set it and forget about it but see it.
KISS - Keep It Simple Smart !!!!
  • #1,228
  • Jun 7, 2013 2:00am Jun 7, 2013 2:00am
Quoting khaled_ctg
{quote} Yes. You are right. I am testing the strategy with along with "Third Screen Strategy". I just set it and forget about it but see it.
Ok, Is your Third Screen Strategy settings the same as your "set it and forget it" strategy? or of same settings as for 100PipsADay for the SL and TP?
  • #1,229
  • Jun 7, 2013 2:03am Jun 7, 2013 2:03am
i really enjoy this thread ..,
thanks 100pips and khaled for this powerful trading system ..
  • #1,230
  • Edited 3:36am Jun 7, 2013 3:18am | Edited 3:36am
The DASHBOARD is a great addition , it helps to scan the status of the pairs before scrolling through the charts, a great thing...
Onwards and upwards...
  • #1,231
  • Jun 7, 2013 4:23am Jun 7, 2013 4:23am
Hi everybody.
Nice and powerful strategy. Really enjoy that. Tanks again.

But, as a perfectionist, I need to fix this (my ?) problem with the EA. I can not sleep otherwise.
When the two arrows pointing in the same direction, a new position is not open. See the example on CADJPY (last position on June 4th) post #1,158

Thank you in advance, your help will be very appreciated

Ward
  • #1,232
  • Jun 7, 2013 4:41am Jun 7, 2013 4:41am
Attached File(s)
File Type: mq4 i-Profittracker.mq4   17 KB | 357 downloads


See if u like it or not , Shows you profit/ loss , Will send u sample of chart
  • #1,233
  • Jun 7, 2013 4:42am Jun 7, 2013 4:42am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpymh1.png Size: 59 KB


One week now Malcolm
  • #1,234
  • Jun 7, 2013 4:45am Jun 7, 2013 4:45am
Quoting terminator12
{file} See if u like it or not , Shows you profit/ loss , Will send u sample of chart
. I use the same indie. Helps instead of having to open terminal to check.
  • #1,235
  • Jun 7, 2013 4:48am Jun 7, 2013 4:48am
Greetings,

Below is the chart for EUR/CAD (Daily & H1), is this a good a good setup? is anyone else trading this pair with the rules of this strategy?

Should a trade to buy be entered now or wait to let hit support before buying, any thoughts?

cheers.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurcaddaily.png Size: 73 KB
Click to Enlarge Name: eurcadh1.png Size: 68 KB
  • #1,236
  • Jun 7, 2013 5:03am Jun 7, 2013 5:03am
True Amazing Even got ARJUN 10EMA Dashboard , Tells u the currencies to tell u which goes up and down , I must change some to suit all mine on charts .
  • #1,237
  • Jun 7, 2013 5:10am Jun 7, 2013 5:10am
Quoting terminator12
True Amazing Even got ARJUN 10EMA Dashboard , Tells u the currencies to tell u which goes up and down , I must change some to suit all mine on charts .
I would refrain from posting anymore indies though, as to respect pippy's thread and keep things simple by not introducing indies that are not needed and doesn't fit into this system.
  • #1,238
  • Jun 7, 2013 5:13am Jun 7, 2013 5:13am
Quoting pip miner
Greetings, Below is the chart for EUR/CAD (Daily & H1), is this a good a good setup? is anyone else trading this pair with the rules of this strategy? Should a trade to buy be entered now or wait to let hit support before buying, any thoughts? cheers. {image} {image}
on my screen .. the EA already triggered this 2 hours ago ..
  • #1,239
  • Jun 7, 2013 5:14am Jun 7, 2013 5:14am
Quoting pip miner
Greetings, Below is the chart for EUR/CAD (Daily & H1), is this a good a good setup? is anyone else trading this pair with the rules of this strategy? Should a trade to buy be entered now or wait to let hit support before buying, any thoughts? cheers. {image} {image}
Are you trading the 20/50 strategy or third screen? I would recommend only having the William %R to show on the hourly and MACD only on the daily instead of both on each TF. Just to keep things clean. As for your question, it looks to be a good long entry if you are trading manually. I'm already long. If you are trading the third screen, you don't need the EMA's as the trend is defined by the MACD crossover. Don't go tweaking and fixing things that don't need fixing.
  • #1,240
  • Edited 5:39am Jun 7, 2013 5:29am | Edited 5:39am
Attached File(s)
File Type: docx GBPJPY 1H.docx   256 KB | 383 downloads


I get only one trade on all currency , Not getting 8 max position ? Is it because of W%R or wrong setting , Trailing stop is 500.0

I don't know how to take shot of chart with parameter together , When i click on save as picture , Does nt work , Please explain how Malcolm .
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