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My Market Order System

  • #141
  • Jan 21, 2014 9:26pm Jan 21, 2014 9:26pm
orid please keep us posted. im also having preliminary success with this system

Quoting orid
{quote} Great stuff Paulus thanks for explaining, must say I cant seem to do much wrong at the moment on this method , cant thank bob and you other guys enough Mind you i have to admit to having beginners luck before for 2 weeks on different method and then it fell to pieces. .very impressive , hope it keeps up. going on live account next week if all it goes on like this. i did have a 90 pip loss yesterday on daily regards peter {image}
  • #142
  • Jan 22, 2014 12:36am Jan 22, 2014 12:36am
Nice im looking not trading the system atm

the more I look the more jumps out to my already said by Bob

To trade the trend results in fewer attempted failed trades

If a swap is heading down then the semaphor will keep trying to pick the bottoms ..this can results in several failed trades before the actual bottom goes in

So if a swap trend for a couple weeks things could get hairy on the account front,in a chop market then the system I think comes into its own which is normal the reverse for every other system out there....the big question is when are we in chop and when are we about to trend...we can narrow that down I think

Look at the circles given by the none lag indy trying to pick bottoms in down trend now compare that to the circles going with the trend ..they almost pick every retracement
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  • #143
  • Jan 22, 2014 12:54am Jan 22, 2014 12:54am
Quoting blamshakk
orid please keep us posted. im also having preliminary success with this system {quote}

Hi blamshakk nice to hear you are doing ok,
so far on that daily account since 10th its up around 550 pips despite some bad wrong trades i entered to begin with around - 300
also i started a h4 account monday which is up 220 approx. ( on this post)
Does anyone know how to work actual pips out without having to check every trade manually as im working, estimating on dollars?
here is the H4
Edit mind you the mistakes count of course as we make mistake s live also he he
but still not bad at all
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  • #144
  • Jan 22, 2014 1:24am Jan 22, 2014 1:24am
Quoting Paulus
Nice im looking not trading the system atm the more I look the more jumps out to my already said by Bob To trade the trend results in fewer attempted failed trades If a swap is heading down then the semaphor will keep trying to pick the bottoms ..this can results in several failed trades before the actual bottom goes in So if a swap trend for a couple weeks things could get hairy on the account front,in a chop market then the system I think comes into its own which is normal the reverse for every other system out there....the big question is when...

Hi Paulus on your chart i would only enter in direction of last no 3 and only enter sells . Does that work better?
Regards Peter
  • #145
  • Jan 22, 2014 2:35am Jan 22, 2014 2:35am
Quoting orid
{quote} Hi Paulus on your chart i would only enter in direction of last no 3 and only enter sells . Does that work better? Regards Peter
Hi Guys, everything is going great guns here and it looks like we are all doing well.
Yesterday I had this idea of trying to bank 100 pips each day. So I'm setting my targets at only 30 pip lots which seems very easy to do with this system. So if I'm trading 5 pairs I will try and get 39 pips for each pair, so far so good.

Also someone wrote about keeping track of your trades, I have uploaded a file I use which may be helpful.
Good Luck Pipsters
Attached File(s)
File Type: ex4 !SM_BPCT.ex4   11 KB | 608 downloads
  • #146
  • Jan 22, 2014 2:42am Jan 22, 2014 2:42am
Quoting orid
{quote} Hi blamshakk nice to hear you are doing ok, so far on that daily account since 10th its up around 550 pips despite some bad wrong trades i entered to begin with around - 300 also i started a h4 account monday which is up 220 approx. ( on this post) Does anyone know how to work actual pips out without having to check every trade manually as im working, estimating on dollars? here is the H4 Edit mind you the mistakes count of course as we make mistake s live also he he but still not bad at all {image}
Currently I'm in a micro account and it seems that a Volume of 0.5 = $0.50 per pip & 0.10 = $1.00 per pip and so on....
Hope this helps
  • #147
  • Jan 22, 2014 3:06am Jan 22, 2014 3:06am

Quoting bobhowson
{quote} Currently I'm in a micro account and it seems that a Volume of 0.5 = $0.50 per pip & 0.10 = $1.00 per pip and so on.... Hope this helps

yes thanks Bob i already calculate that way , ill try that indi you posted .
Peter
  • #148
  • Jan 22, 2014 3:31am Jan 22, 2014 3:31am
Hi my friends,

this TMA line can help us to understand where the price is in that moment
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadchf-d1-FAST TMA LINE.png Size: 122 KB
Click to Enlarge Name: eurcad-d1-FAST TMA LINE.png Size: 51 KB
Click to Enlarge Name: eurnzd-d1-FAST TMA LINE.png Size: 132 KB
Attached File(s)
File Type: mq4 FastTMALine.mq4   10 KB | 701 downloads
  • #149
  • Jan 22, 2014 4:51am Jan 22, 2014 4:51am
Good thread Bobhowson, I'm in ! Thanks for sharing.

Will demo with the following tweak: I will take all 4H signals in line with the daily yellow dot, meaning that if we have last yellow dot on top, I will take only short signals on 4H. Hope that makes sense. Right now, I have pending sell on AUDCAD and EURCAD and pending long on CADJPY.

Cheers.
  • #150
  • Jan 22, 2014 5:55am Jan 22, 2014 5:55am
found this beauty
doesnt include present trades
regards Peter
Attached Image (click to enlarge)
Click to Enlarge Name: untitled.JPG Size: 201 KB
Attached File(s)
File Type: mq4 iHistory v1.8.mq4   17 KB | 532 downloads
  • #151
  • Jan 22, 2014 6:02am Jan 22, 2014 6:02am
Quoting orid
found this beauty doesnt include present trades regards Peter{image}{file}
damn another mistake forgot sl on that gb/ aud
  • #152
  • Jan 22, 2014 6:12am Jan 22, 2014 6:12am
H4 not including today which has fell back
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  • #153
  • Jan 22, 2014 8:31am Jan 22, 2014 8:31am
Interesting strategy ... my thoughts

1. D1 ... green or red ball
2. in w1 ... draws a channel with balls (you give the trend)
3. enter D1 <==> there ball in W1 (no matter the color or size)

example...
buy.............. eur-usd, eur-jpy, fco-jpy, cad-jpy, eur-nzd, gbp-nzd
sell.............. silver, aus-cad
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cadjpyweekly-semaforo.png Size: 37 KB
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  • #154
  • Jan 22, 2014 9:11am Jan 22, 2014 9:11am
Quoting porfirio
Interesting strategy ... my thoughts 1. D1 ... green or red ball 2. in w1 ... draws a channel with balls (you give the trend) 3. enter D1 <==> there ball in W1 (no matter the color or size) example... buy.............. eur-usd, eur-jpy, fco-jpy, cad-jpy, eur-nzd, gbp-nzd sell.............. silver, aus-cad {image} {image} {image} {image} {image} {image}
NICE...

I like the evolution of this system with contribution of all partecipants of this thread ...
  • #155
  • Jan 22, 2014 10:00am Jan 22, 2014 10:00am
Quoting orid
{quote} Hi Paulus on your chart i would only enter in direction of last no 3 and only enter sells . Does that work better? Regards Peter
Hi Peter

Yes def in down trend large strong down moves weak pull backs so momentum on your side

P
  • #156
  • Jan 22, 2014 10:03am Jan 22, 2014 10:03am
Quoting bobhowson
{quote} So I'm setting my targets at only 30 pip lots which seems very easy to do with this system. So if I'm trading 5 pairs I will try and get 39 pips for each pair, {file}

Bob can I ask is your SL set to 30 also .. ?

If it is then have you looked at % staking ie risk 5% on each trade
That way the bank grows exponentially and the risk is always 5% with a simple EA you make make sure even with different swaps having diff pip values each and every trade will only risk 5% or 3% or wat ever you choose.

I have it built into my other EA's and removes the need to do basic calculates when trading the same system across various swaps

P
  • #157
  • Jan 22, 2014 10:42am Jan 22, 2014 10:42am
sorry, I didn't understand well the entry:
is it 10pips above/below number 3 ball or the high/low of the candle of the number 3 ball or the close of the candle of the number 3 ball ?

because the main rule on the first page says just above/below number 3 ball, but then other people on the thread says candle high/low or close ...
I'm just confused.
  • #158
  • Jan 22, 2014 10:54am Jan 22, 2014 10:54am
Quoting acosma
sorry, I didn't understand well the entry: is it 10pips above/below number 3 ball or the high/low of the candle of the number 3 ball or the close of the candle of the number 3 ball ? because the main rule on the first page says just above/below number 3 ball, but then other people on the thread says candle high/low or close ... I'm just confused.
For me the best entry is 10 pips above or below the candle closed with the ball because sometimes the order does not start and the ball moves on the next candle without taking the stop loss
  • #159
  • Jan 22, 2014 12:16pm Jan 22, 2014 12:16pm
Quoting marred
{quote} For me the best entry is 10 pips above or below the candle closed with the ball because sometimes the order does not start and the ball moves on the next candle without taking the stop loss
ohh.. ok ... thank you marred for the info.
  • #160
  • Jan 22, 2014 1:00pm Jan 22, 2014 1:00pm
Ok here is the screen shot of the dashboard I want the coder to produce,swaps down the left then 1hr 4 hr and daily 2 and 3 ball with simple colour boxes .Red box means that ball is present and is looking for a short visa versa for green ball.Blank sqaure means no balls present

Present in Indicator that user can change

Broker time
GMT offset time
Colour of boxes


Things like what swaps to trade and what hours and balls to look for will be in the EA if we get that far,also for the 1hour 2 and 3 balls you may wish certain sessions

Any other info you think the dash board should have let me know .. In Future versions I want a box showing trending swaps defined by definite rules for example .Then if a tick is in that particular parameter in the indicator and you see a red box on the 4 hour is then you will know its also defined as in down trend.

Any suggestions or changes Il hold open for 48 hrs before sending off

P
Attached Image (click to enlarge)
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