Simple High Probability Trading | Page 3 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Any MT4 coders willing to code simple EA - high probability 22 replies

Simple Probability approach 3 replies

High Probability Trading Setups for the Currency Market 6 replies

High probability Trading System 2 replies

My High probability Trading method 6 replies

Attachments: Simple High Probability Trading
Exit Attachments

Simple High Probability Trading

  • #41
  • Oct 24, 2013 3:38am Oct 24, 2013 3:38am
Hi Anton,

Typically I like to get at least 1:1 out of a trade but I also look for support or resistance levels and see how price reacts to these levels.

Nexas
  • #42
  • Oct 24, 2013 4:04am Oct 24, 2013 4:04am
Quoting Dr.Scalpall
Here they are!!, my rangebars are platform based like nexas but from memory both should work ok although range bar chartv103a needs metatrader to be started twice when(if) your pc has been switched off to be able to display the history correctly. doc. {file} {file}

Hi everybody.
Dr. Scalpall plz tell us how to install properly these indi in mt4, thnx
Remmember! There r no mistakes in life But only lessons
  • #43
  • Oct 24, 2013 4:12am Oct 24, 2013 4:12am
ok, do you draw your support and resistance levels on a regular candle chart or on the range chart?
  • #44
  • Oct 24, 2013 4:14am Oct 24, 2013 4:14am
Place the indicator in your scripts folder.
  • #45
  • Oct 24, 2013 4:20am Oct 24, 2013 4:20am
Quoting anton609
ok, do you draw your support and resistance levels on a regular candle chart or on the range chart?
I use both.

With regards to the indicators... unfortunately I am not technical so it is difficult for me to advise on that.

Nexas
  • #46
  • Oct 24, 2013 4:37am Oct 24, 2013 4:37am
It seems some of these indicators don't work when placed in indicators or scripts folder. I don't think this system can be used on mt4 unless we have a working indicator.
  • #47
  • Oct 24, 2013 4:49am Oct 24, 2013 4:49am
Quoting DrNoStopLoss
It seems some of these indicators don't work when placed in indicators or scripts folder. I don't think this system can be used on mt4 unless we have a working indicator.

This woks in MT4 -

1/. Put the s-constant range file into scripts
2/. Open say a GU chart (1min)
3/. Use navigator to drag the s-constant range script physically onto the 1min chart just created, i selected the dll option when prompted, not sure if it's imperative to do so..
4/. Open an off-line file from the MT4 file menu and select GBP/USD M2
5/. The offline chart will then build-out with the range bars where you can then add the ema and cci.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Captur1.PNG Size: 46 KB
Click to Enlarge Name: Captur2.PNG Size: 46 KB
  • #48
  • Oct 24, 2013 5:11am Oct 24, 2013 5:11am
Well, I don't get it - EAs, scripts, on line off line, M2 (which my mt4 doesn't have), etc. Good luck all and probably for best success switch to Ninja
  • #49
  • Oct 24, 2013 5:26am Oct 24, 2013 5:26am
Quoting piprac
EAs, scripts, on line off line, M2 (which my mt4 doesn't have)
You seem to have a lot to learn about your platform ...

This should be the very first thing to do before even thinking trading ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #50
  • Oct 24, 2013 5:30am Oct 24, 2013 5:30am
Quoting FerruFx
{quote} You seem to have a lot to learn about your platform ... This should be the very first thing to do before even thinking trading ...

Okay MT4 works okay I guess. I just have a very important question. Anyone using this exact method on MT4? If not anyone using this exact method on Tradestation. I know nexus uses it on nijatrader. I am thinking of downloading nijatrader. Just wondering what is a better preference? I'll use either one as long as it is free.
  • #51
  • Oct 24, 2013 5:37am Oct 24, 2013 5:37am
Quoting FerruFx
{quote} You seem to have a lot to learn about your platform ... This should be the very first thing to do before even thinking trading ...
Whatever man! You don't need to know the science behind a car in order to get in and drive from point A to point B. I'm just saying and don't want to get off topic.
  • #52
  • Oct 24, 2013 5:39am Oct 24, 2013 5:39am
Quoting PiptheRipper
{quote} Whatever man! You don't need to know the science behind a car in order to get in and drive from point A to point B. I'm just saying and don't want to get off topic.
If the purpose of trading is to lose money, so yes absolutely agree with you ... we don't need to know how to use the platform from A to Z ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #53
  • Oct 24, 2013 5:45am Oct 24, 2013 5:45am
Quoting FerruFx
{quote} If the purpose of trading is to lose money, so yes absolutely agree with you ... we don't need to know how to use the platform from A to Z ...
I can't agree with you on that one seriously, but this discussion is not going to contribute to anything useful, so lets leave it there alright. peace
  • #54
  • Oct 24, 2013 5:52am Oct 24, 2013 5:52am
Hi People,

Sorry I can't help much with the EA for the range bars. I really would recommend using NinjaTrader with an FXCM datafeed. This way it is free.

You will need to open an fxcm account here www.fxcm.com. Please note that demo accounts also work but only last maybe 30 days. Also if you open with FXCM you will need to get them to disable hedging otherwise the data feed doesn't work.

For the MT4 charts hopefully other members with more knowledge can continue to help as they have been.

Nexas
  • #55
  • Oct 24, 2013 5:54am Oct 24, 2013 5:54am
Quoting PiptheRipper
... peace
Peace! There was no war ...
MT4/MT5 EAs/Indicators/Alerts coder
  • #56
  • Oct 24, 2013 6:00am Oct 24, 2013 6:00am
Quoting Nexas
Hi People, Sorry I can't help much with the EA for the range bars. I really would recommend using NinjaTrader with an FXCM datafeed. This way it is free. You will need to open an fxcm account here www.fxcm.com. Please note that demo accounts also work but only last maybe 30 days. Also if you open with FXCM you will need to get them to disable hedging otherwise the data feed doesn't work. For the MT4 charts hopefully other members with more knowledge can continue to help as they have been. Nexas
Okay great. So I cant use the preferred "kinetick", as this would cost money. Okay than I'll download a demo of FXCM I suppose. Since I live in the US I wont need to tell them to turn hedging off, since you cant hedge in USA.
  • #57
  • Oct 24, 2013 6:13am Oct 24, 2013 6:13am
Quoting DrNoStopLoss
Okay than I'll download a demo of FXCM I suppose. Since I live in the US I wont need to tell them to turn hedging off, since you cant hedge in USA.
If you need hedging feature, you may open through FXCM UK
MT4/MT5 EAs/Indicators/Alerts coder
  • #58
  • Oct 24, 2013 6:14am Oct 24, 2013 6:14am
Quoting DrNoStopLoss
{quote} Okay great. So I cant use the preferred \"kinetick\", as this would cost money. Okay than I'll download a demo of FXCM I suppose. Since I live in the US I wont need to tell them to turn hedging off, since you cant hedge in USA.
Hi all,

this cci indicator that i had, i have converted it to match Nexas' cci. (i'm not a programmer and the credit goes to the original creator of this indicator).. Hope it helps some of you.. the pic attached is from MT4 using nexas' strategy.

You may want to change the two colors "black" to "None" in the colors section of the indicator.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdm2.png Size: 40 KB
Attached File(s)
File Type: mq4 CCIWithSMAwithsmacrossalert_v1.mq4   8 KB | 1,711 downloads
  • #59
  • Edited 7:05am Oct 24, 2013 6:55am | Edited 7:05am
Quoting paapi
{quote} Hi all, this cci indicator that i had, i have converted it to match Nexas' cci. (i'm not a programmer and the credit goes to the original creator of this indicator).. Hope it helps some of you.. the pic attached is from MT4 using nexas' strategy. You may want to change the two colors \"black\" to \"None\" in the colors section of the indicator. {file} {image}

Hey paapi,

Many thanks for the indicator. Can you post the exact range bar indicator you used, and how exactly you got it on the chart? What range are you use, 8-10? Chart looks great. Many thanks.

Also curious, why did you place a buy there? Are you following another suystem. If not it seems you placed a buy in the wrong area when the bars are going down. Just wondering. Many thanks for all your help.
  • #60
  • Oct 24, 2013 7:16am Oct 24, 2013 7:16am
Quoting DrNoStopLoss
{quote} Hey paapi, Many thanks for the indicator. Can you post the exact range bar indicator you used, and how exactly you got it on the chart? What range are you use, 8-10? Chart looks great. Many thanks. Also curious, why did you place a buy there? Are you following another suystem. If not it seems you placed a buy in the wrong area when the bars are going down. Just wondering. Many thanks for all your help.
Hi Dr.

the indi i used for range bars is the one that is posted in #34 or so by DrScalpall. it is a demo and i was testing something so.., no worries about the trade. i pasted the s-Constant Range Bars in the experts folder and then dragged it on the 1 min chart and used the pop up window to set the indi and opened the offline chart in the MT4 and applied all the indicators needed. hope this helps.
0 traders viewing now