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As simple as possible: 00 level trading

  • #2,121
  • Jun 12, 2014 2:34pm Jun 12, 2014 2:34pm
Hey guys,

I've been trying to trade this system, but my mt4 is being difficult. I had the same problem before as several other members in the thread where mt4 would crash when i would try to load the 00 template udine uploaded. I followed the posted solution to switch to day charts and then upload the template.

It worked and was fine, but now what is happening is if I close my mt4 client and try and re-open it, it crashes and I'm unable to restart it at all. I've tried uninstalling and reinstalling the mt4 client, but the problem still occurs.

Is anyone else experiencing this issue? Does anyone have any possible solutions?
  • #2,122
  • Jun 12, 2014 2:43pm Jun 12, 2014 2:43pm
Quoting chaosbun
{quote} I know, but as that is what the human eyes can see and the EA can't see, I remember someone mention about not to open position at support or resistance zone. Anyway I din't code it in because it will need more calcuation and different mt4 have different bar setting.

support resistance is not needed as it is a deviation from our present system . Keep it simple .
  • #2,123
  • Jun 12, 2014 3:01pm Jun 12, 2014 3:01pm
Hi Guys,

can I ask about the EA if I have my chart set up and I see a trade I would input manually now I can turn on EA and it will set the trade up for me, setting the pending order and when executed will do the SL/TP levels

so save me time

thanks
PG
  • #2,124
  • Jun 12, 2014 3:05pm Jun 12, 2014 3:05pm
Quoting mt4fxtrader
Hey guys, I've been trying to trade this system, but my mt4 is being difficult. I had the same problem before as several other members in the thread where mt4 would crash when i would try to load the 00 template udine uploaded. I followed the posted solution to switch to day charts and then upload the template. It worked and was fine, but now what is happening is if I close my mt4 client and try and re-open it, it crashes and I'm unable to restart it at all. I've tried uninstalling and reinstalling the mt4 client, but the problem still occurs. Is...
I had that happen in one case. If you make sure you have a template for your chart settings, then just go into the profiles folder, into the folder with the most recent date, and delete all .chr files, then MT4 will open with no charts. Then open the ones you want and apply the template, maybe starting on D1 and then moving down.
  • #2,125
  • Jun 12, 2014 3:06pm Jun 12, 2014 3:06pm
Quoting chaosbun
{quote} You might need attach FFCal Indicator here
It is freely available on FF.

Attached File(s)
File Type: mq4 FFCal.mq4   51 KB | 608 downloads
  • #2,126
  • Jun 12, 2014 3:51pm Jun 12, 2014 3:51pm
Quoting ericjschroed
{quote} Go ahead and work on it. Making the TS hidden without screwing everything up is getting a bit complicated.


Inserted Video
  • #2,127
  • Jun 12, 2014 5:05pm Jun 12, 2014 5:05pm
Quoting Udine
BTW I just realized you never received the sound file cork pop... so your missing the great sound of champagne corks popping in the morning (= great motivator) so here it goes.. I included another sound file in the zipfile cheers Udine {file}
hey Udine been trying strategy for few hours last night. All i have to say i finally found the scalping i enjoy !!! Thank you so much fot sharing i been looking for scalping ideas for too long and couldnt find anything whats works for me.. this one does! And doesnt matter what time is you always can find pair to make trade on, even with my high spread!!! HUGE THANK YOU !!!!!
  • #2,128
  • Jun 12, 2014 5:14pm Jun 12, 2014 5:14pm
Quoting Jeffray
Do you guys mind to open a seperate thread for coding and discussing the settings of an EA based on this strategie??? The last 2,5 sites is just because on an EA....
I agree with you totally,fx empire also already put good opinion about this in post 1973....it is not about EA,I still work with Udine Ea from page 1 and works good and profitable,so please discart discussion about EA or talk privately until you resolve all issues...

P.s fucking referee,he stolen a good result from Croatia and give to Brasil win....

Regards!
  • #2,129
  • Edited 5:33pm Jun 12, 2014 5:21pm | Edited 5:33pm
Quoting Zokynho
{quote} I agree with you totally,fx empire also already put good opinion about this in post 1973....it is not about EA,I still work with Udine Ea from page 1 and works good and profitable,so please discart discussion about EA or talk privately until you resolve all issues... P.s f#cking referee,he stolen a good result from Croatia and give to Brasil win.... Regards!
Referee definitely gave game to Brazil. So obvious. He had great look at it. Oh well. Croatia goalie was horrible though.
  • #2,130
  • Jun 12, 2014 5:26pm Jun 12, 2014 5:26pm
I know its a little early, but the setup seemed ripe. Nice push up from the news, the pullback to the daily open and then bounce back up for half the daily goal.

Attached Image (click to enlarge)
Click to Enlarge Name: gj 6.12.14.png Size: 33 KB
Small disciplines repeated with consistency lead to great achievements.
  • #2,131
  • Jun 12, 2014 5:54pm Jun 12, 2014 5:54pm
After a while you don't even need the lines.
You know when to take trades just with the H1 candle.
That is really what this is about.

Trade what you see! Trade with momentum.
What is price doing right now!

It really has nothing to do with the lines.
  • #2,132
  • Jun 12, 2014 6:09pm Jun 12, 2014 6:09pm
Just wanted to see what people do when it opens on the line, or within 1 pip of the line.
  • #2,133
  • Jun 12, 2014 6:36pm Jun 12, 2014 6:36pm
Quoting TooSlow
{image} Checking the frequency distribution for the H1 charts indicates 5 pips can be obtained more times than not.
This is how we know it works. It is more than just ADR and ATR.
  • #2,134
  • Jun 12, 2014 6:41pm Jun 12, 2014 6:41pm
With the H1 candle you are exploiting the average hourly range of the currency.
  • #2,135
  • Jun 12, 2014 6:46pm Jun 12, 2014 6:46pm
Consider other random cross entries?

MA's, RSI, CCI, Fibs etc.

They all work just like this.
I have profitable EA's for MA and RSI crosses.
  • #2,136
  • Jun 12, 2014 6:57pm Jun 12, 2014 6:57pm
"Tentative Monetary policy statement" Hanging like a Damocles sword over trades today!!!
Just trade the pullback you idiot!
  • #2,137
  • Jun 12, 2014 7:17pm Jun 12, 2014 7:17pm
Damocles or not I consulted some chicken entrails and took the trade. Half of my days target is made.
Attached Image (click to enlarge)
Click to Enlarge Name: eurjpym15.png Size: 62 KB
Just trade the pullback you idiot!
  • #2,138
  • Jun 12, 2014 7:50pm Jun 12, 2014 7:50pm
Quoting MKFXTrader
{quote} Referee definitely gave game to Brazil. So obvious. He had great look at it. Oh well. Croatia goalie was horrible though.
Agree,our goalkeeper didn't have the best night,but I am so dissapointment,so much money,all preparations,focus and enterteinment stuff tumbles because referee decides who will win...

Brazil have great team,they do not need help..... Croatia shoud have at least 1 point...

Going to get some sleep!

Wish you green pips!

Regards!
  • #2,139
  • Jun 12, 2014 8:33pm Jun 12, 2014 8:33pm
The odds to be profitable can be improved by having 5pip sl. Instead of taking full 10pips loss, might as well take 1:1 risk reward ratio. Instead of having to chase two wins to cover 1 loss might as well have 1 win to cover 1 loss. I am trying it out with demo with 1:1 and seems can get the 2% target easily as long the broker spreads are less than 2pips.

Another thing to look for is the distance from 00 level. If it is more than 5pips, just skip the trade and look for another pair.
  • #2,140
  • Jun 12, 2014 8:40pm Jun 12, 2014 8:40pm
Quoting dsugums
The odds to be profitable can be improved by having 5pip sl. Instead of taking full 10pips loss, might as well take 1:1 risk reward ratio. Instead of having to chase two wins to cover 1 loss might as well have 1 win to cover 1 loss.
You will drastically lower your win rate ... which will end with the same global result or even make it less profitable.
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