As simple as possible: 00 level trading | Page 127 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #2,521
  • Jun 15, 2014 8:07pm Jun 15, 2014 8:07pm
Quoting ericjschroed
Okay, here's the update to the combined EA with hidden TS and BE. It SHOULD draw all lines on the chart (not drag-able yet) and monitor if price crosses one of them and close the order. Since market is not open yet, I can't test it. Make sure you are on demo before testing. {file}

thanks

the ea dont erase the lines after close the trade

gracias
  • #2,522
  • Jun 15, 2014 8:09pm Jun 15, 2014 8:09pm
Thanks for feedback!
I take my daily open from Sydney open so D/H was green.
My main concern was trading late in the hour and just before Tokyo open..
It worked out this time..

Cheers


Quoting ericjschroed
{quote} Technically speaking, you should not have taken the trade because the D1 bar would have been Red then. However, ability to read the market is much more important than following indicators, and if that's why you traded, excellent! I would have entered according to the rules at 1.44200 and suffered a full loss instead, except that the spread was too high for me at that time.
  • #2,523
  • Jun 15, 2014 8:16pm Jun 15, 2014 8:16pm
Quoting Juan007
{quote} thanks the ea dont erase the lines after close the trade gracias
strange, I will keep watching.
  • #2,524
  • Jun 15, 2014 8:32pm Jun 15, 2014 8:32pm
Quoting ericjschroed
{quote} strange, I will keep watching.
another

the trailing stop go up and down when the price move

i understand the trailing must be at the new position and dont move down on a buy trade example

gracias


the trade finish and the lins are there after close
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdm15 lineas.png Size: 56 KB
  • #2,525
  • Jun 15, 2014 8:41pm Jun 15, 2014 8:41pm
Quoting Juan007
{quote} another the trailing stop go up and down when the price move i understand the trailing must be at the new position and dont move down on a buy trade example gracias the trade finish and the lins are there after close {image}
Yes I just saw that with TS, and I think I fixed it. Hoping my trade goes up so I can see. Also waiting for my trade to close to see why lines don't remove.
  • #2,526
  • Jun 15, 2014 9:03pm Jun 15, 2014 9:03pm
Quoting ericjschroed
{quote} Yes I just saw that with TS, and I think I fixed it. Hoping my trade goes up so I can see. Also waiting for my trade to close to see why lines don't remove.
Please try new (fixed?) EA at previous post:

http://www.forexfactory.com/showthre...22#post7537222
  • #2,527
  • Jun 15, 2014 9:56pm Jun 15, 2014 9:56pm
Quoting ericjschroed
{quote} Technically speaking, you should not have taken the trade because the D1 bar would have been Red then. However, ability to read the market is much more important than following indicators, and if that's why you traded, excellent! I would have entered according to the rules at 1.44200 and suffered a full loss instead, except that the spread was too high for me at that time.
This might just be a difference in broker... the trades looks valid on my chart.
Attached Image (click to enlarge)
Click to Enlarge Name: ea 6.15.14.png Size: 38 KB
Small disciplines repeated with consistency lead to great achievements.
  • #2,528
  • Jun 15, 2014 9:59pm Jun 15, 2014 9:59pm
Quoting jmflukeiii
{quote} This might just be a difference in broker... the trades looks valid on my chart. {image}
yeah, my DO is higher.
  • #2,529
  • Jun 15, 2014 10:39pm Jun 15, 2014 10:39pm
Quoting ericjschroed
{quote} Please try new (fixed?) EA at previous post: http://www.forexfactory.com/showthre...22#post7537222
Sorry the TS is not fixed yet, still working on it. (Where is Pannet when I need him?)
  • #2,530
  • Jun 15, 2014 10:57pm Jun 15, 2014 10:57pm
Quoting pedma
{quote} Hi all, It seems that the alert has bugs ... sorry ... If you find any other bugs, please let me know. Thanks -pedma
Hi,

This is the edited version: 004B. Change (repaired) :

*) bugs on using other pair than EURJPY / GBPJPY (the repeating alert ...)
*) bugs on calendar news filtering (thanks to: Ron for reporting the bugs )

Thanks
-pedma
Attached File(s)
File Type: ex4 WukarMonitor_v004b.ex4   129 KB | 702 downloads
Good friends are more valuable than gold ...
  • #2,531
  • Jun 15, 2014 11:21pm Jun 15, 2014 11:21pm
Quoting cigarguy
Udine, Would you please advise as to why I cannot post to this thread other then this edited post? I believe the FF Admin have blocked me in error. They have me shown as a Commercial Member only! Regards, Cigarguy

Sorry buddy, I have no idea, you have to take that up with the FF admin.

Cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #2,532
  • Jun 15, 2014 11:31pm Jun 15, 2014 11:31pm
Quoting flx69
{quote} I presume you're referring to the TMS thread ? That's indeed outrageous and it would be a shame if it happened in this one...

It wont happen or I would shut it down

Udine
Sleep less, live fast, as it aint gonna last
  • #2,533
  • Jun 15, 2014 11:33pm Jun 15, 2014 11:33pm
Quoting ericjschroed
{quote} Sorry the TS is not fixed yet, still working on it. (Where is Pannet when I need him?)
Ok, maybe it's working now? Let me know (if you test it before I get to)

http://www.forexfactory.com/showthre...22#post7537222
  • #2,534
  • Jun 15, 2014 11:35pm Jun 15, 2014 11:35pm
I just have a quick question regarding RN's. I've been following this thread since it started and I can't recall if this has already been asked before. I apologize in advance if it has.

So I know the rules say no shorting at the .100 levels, and also only trading the first 00 level that price crosses in that hour. Now what if price is hovering around .150 at the beginning of the hour, and throughout the hour price drops through the .100 level and reaches the RN below. Now would the RN level be a valid short entry? I know RN's are acceptable as entry points, but in this case this would be the second 00 level that price will be crossing so would we trade it?

I attached a picture to show what I mean, I know it's not the right time to trade according to the rules, but I'm just using it as an example for what I mean.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 17 KB
  • #2,535
  • Jun 16, 2014 12:33am Jun 16, 2014 12:33am
Well, Frankfurt opening coming up in a bit. Goodluck all!
  • #2,536
  • Jun 16, 2014 12:40am Jun 16, 2014 12:40am
I'm a bit of a noob and lurker here but I'd like to chime up and say a big Thank You to Udine for patiently introducing us to this zen like trading system.

I will you all well on the coming London/Frankfurt opening. I wish I could be sitting on my veranda sipping an Italian coffee too, but I am stuck in the dark 9 hours behind on the west coast of Canada.

Green pips!

Paul.
  • #2,537
  • Jun 16, 2014 1:00am Jun 16, 2014 1:00am
Quoting pquin
I'm a bit of a noob and lurker here but I'd like to chime up and say a big Thank You to Udine for patiently introducing us to this zen like trading system. I will you all well on the coming London/Frankfurt opening. I wish I could be sitting on my veranda sipping an Italian coffee too, but I am stuck in the dark 9 hours behind on the west coast of Canada. Green pips! Paul.
Not to worry Paul, West coast, East coast, or no coast, we´re all going to have plenty of fun today, looking at the GBPJPY pair !
  • #2,538
  • Jun 16, 2014 1:08am Jun 16, 2014 1:08am
Hello all.... have a nice week

1st trade of the week is a loss for me just now

GJ ... @173.000 hit SL... -10
  • #2,539
  • Jun 16, 2014 1:11am Jun 16, 2014 1:11am
Quoting panosmgr
Hello all.... have a nice week 1st trade of the week is a loss for me just now GJ ... @173.000 hit SL... -10
Rule #3

So now you are good to test the rule #21
MT4/MT5 EAs/Indicators/Alerts coder
  • #2,540
  • Jun 16, 2014 1:13am Jun 16, 2014 1:13am
Quoting panosmgr
Hello all.... have a nice week 1st trade of the week is a loss for me just now GJ ... @173.000 hit SL... -10
Rule N°3 dude: Frankfurt open only at .4/.5/.6 levels...

Giulio
27 traders viewing now