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Vegas 4 Hour Tunnel

  • #1
  • First Post: Jun 21, 2006 5:15pm Jun 21, 2006 5:15pm
Hi

Has anybody got the Vegas 4 Hour Tunnel code I could 'borrow'

Thanks

Paul
  • #2
  • Jun 21, 2006 6:38pm Jun 21, 2006 6:38pm
Yes, I do but you are going to have to wait;

bare with me.
Could use some help here guys. Bantam? r u up for it?
  • #3
  • Jun 21, 2006 7:36pm Jun 21, 2006 7:36pm
Sorry about being so abrubt. I have manipulated the code so much that it no longer represents the original 4 hr Tunnel. I have to pull it back to the original intent before posting it.

After that, I may {don't give me the I want the grail thing please} post my version.
  • #4
  • Jun 22, 2006 2:11am Jun 22, 2006 2:11am
Thanks ... look forward to it!
  • #5
  • Jun 22, 2006 7:35am Jun 22, 2006 7:35am
Quoting Bemac
Sorry about being so abrubt. I have manipulated the code so much that it no longer represents the original 4 hr Tunnel. I have to pull it back to the original intent before posting it.

After that, I may {don't give me the I want the grail thing please} post my version.
Common B you have the Knight in the avatar and all we have grown to expect the Holy Grail bit from you.
Nolite dormiens pungere ursum. -- Latan Proverb.
  • #6
  • Jun 22, 2006 9:36am Jun 22, 2006 9:36am
Quoting MrWhipple
Common B you have the Knight in the avatar and all we have grown to expect the Holy Grail bit from you.
It also has St Andrew's Cross [Roslyn Chaple] But only one rider I'm afraid.
  • #7
  • Jun 22, 2006 10:58am Jun 22, 2006 10:58am
Quoting pmurfin
Hi

Has anybody got the Vegas 4 Hour Tunnel code I could 'borrow'

Thanks

Paul
This is my first post. Not sure if we are looking for the same thing but I have downloaded StrategyBuilder FX and am looking for the indicators for Vegas 4Hr Tunnel if there are any created?

Thank you I look forward to learning alot on this site as an official "newbie" to trading.
  • #8
  • Jun 22, 2006 11:29am Jun 22, 2006 11:29am
It is posted somewhere in the forum (I don't remember where), keep looking.

Mine has also undergone some major changes

Dane
  • #9
  • Jun 22, 2006 11:37am Jun 22, 2006 11:37am
Try this:

http://www.forexfactory.com/forexfor...2&page=3&pp=15

(post#41)

If not, there might be something elsewhere in the above thread. They discuss the entire system in details.

Dane
  • #10
  • Jun 22, 2006 11:38am Jun 22, 2006 11:38am
Perfect thank you guys. I think I have found what I'm looking for.
  • #11
  • Jun 22, 2006 6:25pm Jun 22, 2006 6:25pm
In case you didn't find this one, the original indicator is here:

http://www.forexfactory.com/forexfor...ead.php?t=4365

Dane
  • #12
  • Jun 22, 2006 6:31pm Jun 22, 2006 6:31pm
Yeah Dane but that's for mql.
Quoting great*dane
In case you didn't find this one, the original indicator is here:

http://www.forexfactory.com/forexfor...ead.php?t=4365

Dane
Yeah Dane but that's for mql isn't it? Lookin for VT Version.
  • #13
  • Jun 22, 2006 6:32pm Jun 22, 2006 6:32pm
Quoting SNielsen
Perfect thank you guys. I think I have found what I'm looking for.
Hi S,

Can you tell me where?
I would like to post a link here in this forum.

Thanks
  • #14
  • Jun 23, 2006 8:05am Jun 23, 2006 8:05am
Here it is. It is called FF Tunnel Chart.zip
Attached File(s)
File Type: zip FF Tunnel Chart.zip   7 KB | 2,385 downloads
  • #15
  • Jun 24, 2006 5:33pm Jun 24, 2006 5:33pm
"[Remember: units are whatever trading size you can handle. When you trade bigger, just adjust the size of the unit, not the number of units].

Could someone help me with this line from Vegas? The Tunnel Method: III. The 4 Hour Momentum Tunnel Method: Step 2. How do I adjust the size of the unit in MT4, because on the Order tab, there's only one adjustment - "Volume", which is the amount of units you want to trade? Let's say you have $5,000 in your account. I select one unit, which is $1,000.00 - right?
Ekvattiekakkie
  • #16
  • Jun 25, 2006 2:08am Jun 25, 2006 2:08am
Quoting Linus
"[Remember: units are whatever trading size you can handle. When you trade bigger, just adjust the size of the unit, not the number of units].

Could someone help me with this line from Vegas? The Tunnel Method: III. The 4 Hour Momentum Tunnel Method: Step 2. How do I adjust the size of the unit in MT4, because on the Order tab, there's only one adjustment - "Volume", which is the amount of units you want to trade? Let's say you have $5,000 in your account. I select one unit, which is $1,000.00 - right?
Hi Linus,
Vegas' use of the word "unit" has nothing to do with any settings on either your charting platform or dealing desk. When Vegas says "unit", he is referring to a third of your position size for the trade. In the four hour tunnel method, you take profit at three places:

At the first fib line;
At the second fib line;
and when the slope of the 8 SMA reverses.

If your money management rules say that you can have a position size of three micro lots, then your "unit" size would be one third of that, or one micro lot.

If your money management rules say that you can have a position size of 15 mini lots, then your "unit" size would be one third of that, or 5 mini lots.

In the second example you would take profit on 5 mini lots at the first fib line, another 5 mini lots would come off at the second fib line and the final 5 mini lots would come off at the 8 SMA slope change.

If your allowable position size is not evenly divisible by three, then round it down until it is. For example, 17 lots would round down to 15; 4 lots would round down to 3. Lots can be standard, mini or micro (or Oanda units for the greatest resolution of position size).

Does this help?

Dial
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  • #17
  • Jun 25, 2006 6:32am Jun 25, 2006 6:32am
Quoting SNielsen
Here it is. It is called FF Tunnel Chart.zip
Thanks guys !
  • #18
  • Jun 25, 2006 6:45am Jun 25, 2006 6:45am
Quoting diallist
Hi Linus,
Vegas' use of the word "unit" has nothing to do with any settings on either your charting platform or dealing desk. When Vegas says "unit", he is referring to a third of your position size for the trade. In the four hour tunnel method, you take profit at three places:

Does this help?

Dial
Thanks Dial - I appreciate the help.
Ekvattiekakkie
  • #19
  • Jun 25, 2006 9:09am Jun 25, 2006 9:09am
Dial, this brings me to a second question. On the "PF forum position sizing dollar" spreadsheet, column A refers to Bid/ask & #Contracts. It starts with 1 and runs up to 4,093. I'm not sure how 4,093 (or any of the contracts above 10) is achieved on a single trade - can you explain this to me.

Thanks
Ekvattiekakkie
  • #20
  • Jun 25, 2006 9:11pm Jun 25, 2006 9:11pm
Quoting Linus
Dial, this brings me to a second question. On the "PF forum position sizing dollar" spreadsheet, column A refers to Bid/ask & #Contracts. It starts with 1 and runs up to 4,093. I'm not sure how 4,093 (or any of the contracts above 10) is achieved on a single trade - can you explain this to me.

Thanks
I don't know the spreadsheet you are referring to. Please provide the link to it. After I've taken a look, I can answer your question. However, just based on your query above, I think you may need some grounding in the basics of position sizing. Please read the Money Management thread located in the Beginners Forum. This should answer a lot of questions for you. It will also raise others which I encourage you to post here.

Dial
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