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As simple as possible: 00 level trading

  • #1,761
  • Jun 11, 2014 10:31pm Jun 11, 2014 10:31pm
Quoting ericjschroed
{quote} Thanks, pannet1. This one works well and I have added my tweaks for those who want it: commission and emergency SL. Cigarguy's request about hidden TS is not too hard if you want me to code that. {file}
Hi Eric,
You can do a hidden TS. No problems mate. But then make it optional for user to select stealth Trailing mode. Also I want to another option to move Trail only to move upto BE. So traders can have 3 options.

1) Trail Stop (Already There)
2) Upto BreakEven (Not there)
3) Stealth Mode that affects both Trail Stop and BreakEven (Not there)
4) In Stealth Mode draw Horizontal line to show where the Trail Stop is there currently. (Not there)

Please feel free to increment the version number at the end of the filename. cheers
  • #1,762
  • Jun 11, 2014 10:37pm Jun 11, 2014 10:37pm
Quoting ericjschroed
{quote} $7 commission per 1 lot is entered as 7 or 7.0
Eric,
Just an idea. We can avoid asking user input for commission, so they need not enter every time. Here is the logic.

extern bool CalculateCommmission = true;

if ( CalculateCommission() ) {
CommissionInPips = OrderCommission() / converter
NewTakeProfit = DesiredTakeProfit + CommissionInPips
}
  • #1,763
  • Jun 11, 2014 10:39pm Jun 11, 2014 10:39pm
Quoting Contrax
Hmmmm Why are u guyz trading at <80 ADR. If this is suppose to be 100 aprox...? Just a question for see at what number of ADR start to trade.
In case of lower ADR, that's important to trade in the earlier levels ... as we have less room.
MT4/MT5 EAs/Indicators/Alerts coder
  • #1,764
  • Jun 11, 2014 10:48pm Jun 11, 2014 10:48pm
1) Have anyone noted the thing in your right bottom of your screen. May be its the Red Skull. It keeps coming even after deleting. Any Idea which one is creating it.
2) I have noted a nice visual clock (showing bar time) in the same place in some of your screens. Can you share the indicator, please.
Attached Image (click to enlarge)
Click to Enlarge Name: ea 6.png Size: 40 KB
  • #1,765
  • Jun 11, 2014 10:54pm Jun 11, 2014 10:54pm
Quoting pannet1
1) Have anyone noted the thing in your right bottom of your screen. May be its the Red Skull. It keeps coming even after deleting. Any Idea which one is creating it. 2) I have noted a nice visual clock (showing bar time) in the same place in some of your screens. Can you share the indicator, please. {image}
1) Its the TRO Sweet Spots
2) I've attached a bar timer I have, not sure its the one you want.
Attached File(s)
File Type: ex4 BarTimer.ex4   5 KB | 424 downloads
Small disciplines repeated with consistency lead to great achievements.
  • #1,766
  • Jun 11, 2014 10:54pm Jun 11, 2014 10:54pm
Ahahahaha the skull.... lookslike this is kind of satan system.
  • #1,767
  • Jun 11, 2014 11:10pm Jun 11, 2014 11:10pm
Quoting jmflukeiii
{quote} 1) Its the TRO Sweet Spots 2) I've attached a bar timer I have, not sure its the one you want. {file}
jmflukeiii,
1) thanks mate. I was little scared.
2) not this one. I found one trader that had that indicator. Hopefully he shares it.
  • #1,768
  • Jun 11, 2014 11:13pm Jun 11, 2014 11:13pm
Quoting FabioMatrix
GBP/USD hit the spot Super Green. WUKAR rules! {image} {image}
FabioMatrix,
Completely off topic. Can you please share the attached indicator.
Attached Image
  • #1,769
  • Jun 11, 2014 11:16pm Jun 11, 2014 11:16pm
00LEVEL trading EA - It will auto open position on the 00 level. Base on Day Candle & Hour Candle

Attached File(s)
File Type: mq4 00LEVEL_TRADE_CHAOSBUN.mq4   14 KB | 705 downloads



There still some flaws for now as it does not filter news or support/resistance, it trade Asia to New York + 2 base on my broker time (FXCM)

You might need make some adjustment to the code, won't be hard.

Currently SL is 10 pips and TP is 10 pips, I did not include dynamic commission/spread . It just assume position is roughly 2 pips for the spread.


P.S: OH yeah ignore the alert on start also. I disable the martingale, so it won't actually martingale. don't worry



Anyone making revision please include version number behind, let's make money together
Learn to Trade is Important. Keep your bias & ego aside.
  • #1,770
  • Jun 11, 2014 11:27pm Jun 11, 2014 11:27pm
Quoting pannet1
1) Have anyone noted the thing in your right bottom of your screen. May be its the Red Skull. It keeps coming even after deleting. Any Idea which one is creating it. 2) I have noted a nice visual clock (showing bar time) in the same place in some of your screens. Can you share the indicator, please. {image}
Just add 2 // to this line:

// TRO();


in SweetSpotGold.

Then delete the symbol... I did.
  • #1,771
  • Jun 11, 2014 11:29pm Jun 11, 2014 11:29pm
Quoting pannet1
{quote} Eric, Just an idea. We can avoid asking user input for commission, so they need not enter every time. Here is the logic. extern bool CalculateCommmission = true; if ( CalculateCommission() ) { CommissionInPips = OrderCommission() / converter NewTakeProfit = DesiredTakeProfit + CommissionInPips }
I like that idea. What is "converter"?
  • #1,772
  • Jun 11, 2014 11:58pm Jun 11, 2014 11:58pm
Quoting pannet1
{quote} FabioMatrix, Completely off topic. Can you please share the attached indicator. {image}
PMed you
  • #1,773
  • Jun 12, 2014 12:11am Jun 12, 2014 12:11am
Quoting pannet1
{quote} Eric, Just an idea. We can avoid asking user input for commission, so they need not enter every time. Here is the logic. extern bool CalculateCommmission = true; if ( CalculateCommission() ) { CommissionInPips = OrderCommission() / converter NewTakeProfit = DesiredTakeProfit + CommissionInPips }
converter= MarketInfo(Symbol(),MODE_TICKVALUE) * OrderLots()
  • #1,774
  • Jun 12, 2014 12:33am Jun 12, 2014 12:33am
Quoting ericjschroed
{quote} I like that idea. What is "converter"?
converter= MarketInfo(Symbol(),MODE_TICKVALUE) * OrderLots()
  • #1,775
  • Jun 12, 2014 12:59am Jun 12, 2014 12:59am
took the long on gj 500lv... too aggressive i guess.. hopefully franky pushes it uppppp..
Passion, Persist, Patience, Protect
  • #1,776
  • Jun 12, 2014 1:08am Jun 12, 2014 1:08am
Quoting MrTD
{quote} Hi guys... Thanks to Udine for patient sharing of a system that works! I would like to contribute to this thread by way of a script I wrote (so no worries about copyright infringment!) to calculate lot size and/or place stoporder at the next 00 level. Instructions: Please read! Copy to scripts folder. Drag to chart window... {image} Ok, the settings are pretty self explanatory, but to save a barrage of questions I will explain them: Set buy to true (default) for buystop order or false for sellstop order. Set PlaceStopOrder to...

MrTD,

great job...!!

one question though... why not make one script for buy and one script for sell , then with the use of hotkeys pending orders can be put on immediately ??

again well done

Udine
Sleep less, live fast, as it aint gonna last
  • #1,777
  • Jun 12, 2014 1:10am Jun 12, 2014 1:10am
Quoting unionnone
{quote} goshhh, i burst out laughing when saw this..... hey udine, why not back to the chat room

Say hi to the guys, and tell them I am over here at the moment... no chance of doing both at the same time

Udine
Sleep less, live fast, as it aint gonna last
  • #1,778
  • Jun 12, 2014 1:14am Jun 12, 2014 1:14am
Good morning guys,

I have received so many PM's and answered, that I have reached the limit of PM's I am allowed to reply to... so guys please be patient or simply ask any question you have here in the thread..

thanks

Udine
Sleep less, live fast, as it aint gonna last
  • #1,779
  • Jun 12, 2014 1:18am Jun 12, 2014 1:18am
Quoting ericjschroed
Udine, I think you mentioned that you usually only take trades for the first 2 hours after market open, and then wait for the next open? Also, your comment about not taking a trade (GJ) because it was too close to a 00 level at H1 open. That is certainly the discretionary part of your system that is not easy to learn.

normally I get the daily dose in the first two hours after London open... if not I continue, otherwise I wait for the NY open for the bonus trade

That comes with experience I am afraid... no way to go araound that my friend ..

Udine
Sleep less, live fast, as it aint gonna last
  • #1,780
  • Jun 12, 2014 1:20am Jun 12, 2014 1:20am
Quoting pannet1
{quote} FabioMatrix, Completely off topic. Can you please share the attached indicator. {image}

lot thats one of TRO

but if you use the market panel display conroller, you already have the remaining candle time on your chart

cheers

Udine
Sleep less, live fast, as it aint gonna last
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