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As simple as possible: 00 level trading

  • #1,001
  • Jun 9, 2014 9:16am Jun 9, 2014 9:16am
Quoting FerruFx
{quote} What a great match !
Unhappily, Laurant BLANC didn't finish that semi-final match ... and hence missed the final (Franck LEBOEUF was the "winner" !
BigBlackfeet Always on the(forex) war path !
  • #1,002
  • Jun 9, 2014 9:21am Jun 9, 2014 9:21am
Quoting BLACKFEET
{quote} Unhappily, Laurant BLANC didn't finish that semi-final match ... and hence missed the final (Franck LEBOEUF was the "winner" !

Blanc was great player,in that time I remember legendary kiss to barthez head before every game!!
  • #1,003
  • Jun 9, 2014 9:24am Jun 9, 2014 9:24am
Quoting Udine
{quote} ADR and ATR are used to get an edge, thats all.. 1. If the ADR is small there is a lesser chance of reaching the piptarget, so a pair with a higher ADR has an advantage 2. If the ATR has been reached, there is a bigger chance the price might reverse on you so why take the risk and enter a trade.. Frequency distribution can be another item to give you an edge, but I decided to keep it as simple as possible Cheers Udine
Your implication is that frequency distribution is not simple?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,004
  • Jun 9, 2014 9:25am Jun 9, 2014 9:25am
Hi why do you think this strategy work ? what is the edge ? I know about TRO from the kreslink forum. I tryed his methods years ago but i could never see an edge to it it was similar in many ways to yours he liked hes lines every 10 pips or so and his 1h candle colour depending if it was up or down. Am not sure he ever made any money but i know he made alot of indicators preferable usual indicators with a personal toutch to it. It would be great to see if you strategy worked.

Best regards
  • #1,005
  • Jun 9, 2014 9:26am Jun 9, 2014 9:26am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh1.png Size: 59 KB


Trading with the H1/D1 candle colors at the 00 line is simple.

Deja Vu!
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,006
  • Jun 9, 2014 9:26am Jun 9, 2014 9:26am
Quoting Udine
{quote}

In my chart at this time RmDn was negative !
  • #1,007
  • Jun 9, 2014 9:29am Jun 9, 2014 9:29am
Quoting BLACKFEET
{quote} Unhappily, Laurant BLANC didn't finish that semi-final match ... and hence missed the final (Franck LEBOEUF was the "winner" !
Peu importe ... L'important (pour nous supporters) a été le résultat final !
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,008
  • Jun 9, 2014 9:32am Jun 9, 2014 9:32am
Quoting TooSlow
{quote} Your implication is that frequency distribution is not simple?

did not say that...

I simply stated that for me the ADR and ATR is more simple and good enough for me... Dont look for things that are not there please..

Udine
Sleep less, live fast, as it aint gonna last
  • #1,009
  • Jun 9, 2014 9:33am Jun 9, 2014 9:33am
Quoting jgadefelth
Hi why do you think this strategy work ? what is the edge ? I know about TRO from the kreslink forum. I tryed his methods years ago but i could never see an edge to it it was similar in many ways to yours he liked hes lines every 10 pips or so and his 1h candle colour depending if it was up or down. Am not sure he ever made any money but i know he made alot of indicators preferable usual indicators with a personal toutch to it. It would be great to see if you strategy worked. Best regards
The edge is in the distance price moves across the 00 lines. TRO placed lines at 00, 25, 50 and 75. A bunch of traders would sit in PalTalk and scalp these areas all day long. Sometimes just for 2 or 3 pips. Many times an hour, not just once. Their rule was once price crossed the line and stopped, get out! The trader works the strategy. But there is always automation.

Attached Image (click to enlarge)
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Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15.png Size: 62 KB
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,010
  • Jun 9, 2014 9:33am Jun 9, 2014 9:33am
Quoting Traffex
{quote} In my chart at this time RmDn was negative !
can be different for everybody due to different brokers..
Sleep less, live fast, as it aint gonna last
  • #1,011
  • Jun 9, 2014 9:34am Jun 9, 2014 9:34am
Quoting TooSlow
{quote} Your implication is that frequency distribution is not simple?

TooSlow hello... can you share frequency distribution indicator which is on you chart ?

Thank you, sir.
  • #1,012
  • Jun 9, 2014 9:36am Jun 9, 2014 9:36am
Quoting Udine
{quote} did not say that... I simply stated that for me the ADR and ATR is more simple and good enough for me... Dont look for things that are not there please.. Udine
More simple? Frequency distribution is counting (addition). Averaging requires division. Isn't addition simpler than division?
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,013
  • Jun 9, 2014 9:36am Jun 9, 2014 9:36am
Quoting NewToForex14
{quote} TooSlow hello... can you share frequency distribution indicator which is on you chart ? Thank you, sir.
That indicator is not mine to share. freqdist_range is part of the name.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,014
  • Jun 9, 2014 9:37am Jun 9, 2014 9:37am
Quoting jgadefelth
Hi why do you think this strategy work ? what is the edge ? I know about TRO from the kreslink forum. I tryed his methods years ago but i could never see an edge to it it was similar in many ways to yours he liked hes lines every 10 pips or so and his 1h candle colour depending if it was up or down. Am not sure he ever made any money but i know he made alot of indicators preferable usual indicators with a personal toutch to it. It would be great to see if you strategy worked. Best regards

just take an 1H chart and look at the first cross of the 00 levels... check how many pips the price moved when crossed the 00 level...

that should answer your question..

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #1,015
  • Jun 9, 2014 9:38am Jun 9, 2014 9:38am
Quoting TooSlow
{quote} The edge is in the distance price moves across the 00 lines. TRO placed lines at 00, 25, 50 and 75. A bunch of traders would sit in PalTalk and scalp these areas all day long. Sometimes just for 2 or 3 pips. Many times an hour, not just once. Their rule was once price crossed the line and stopped, get out! The trader works the strategy. But there is always automation. {image} {image}
Hi TooSlow, what indi is on the upper right?
  • #1,016
  • Jun 9, 2014 9:38am Jun 9, 2014 9:38am
Quoting TooSlow
{quote} More simple? Frequency distribution is counting (addition). Averaging requires division. Isn't addition simpler than division?

I have no need for the statistics to make money on a daily basis.. If you prefer the statistics, please feel free..

Udine
Sleep less, live fast, as it aint gonna last
  • #1,017
  • Jun 9, 2014 9:41am Jun 9, 2014 9:41am
Quoting TooSlow
{quote} That indicator is not mine to share.
thanks anyway
  • #1,018
  • Jun 9, 2014 9:51am Jun 9, 2014 9:51am
Quoting Patmontes
{quote} Hi TooSlow, what indi is on the upper right?
multimeter_candlecolor is part of the name. It shows the color of the candles on the chart periods.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,019
  • Jun 9, 2014 9:53am Jun 9, 2014 9:53am
Quoting Udine
{quote} I have no need for the statistics to make money on a daily basis.. If you prefer the statistics, please feel free.. Udine
That is understood. Statistics can help a trader make more money.
My Threads: Trading is as simple as 1-2-3, Highest Open / Lowest Open Trade
  • #1,020
  • Jun 9, 2014 9:54am Jun 9, 2014 9:54am
GJ hits target -

Attached Image (click to enlarge)
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Small disciplines repeated with consistency lead to great achievements.
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