As simple as possible: 00 level trading | Page 386 | 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

  • #7,701
  • Jul 4, 2014 5:07am Jul 4, 2014 5:07am
Quoting Udine
FYI.. I just checked ... this week is the worst week of the last 10 weeks... +10 % account growth.. Udine
Simply horrible results! Shame on you!
Those who know don't talk. Those who talk don't know.
  • #7,702
  • Jul 4, 2014 5:10am Jul 4, 2014 5:10am
Quoting jsf
{quote} Good trading well72 This indicator showing results, do you mind posting it, thanks.
Hold it:
Attached File(s)
File Type: mq4 i-Profit Tracker-Fixed.mq4   17 KB | 455 downloads
Greed causes poverty
  • #7,703
  • Jul 4, 2014 5:11am Jul 4, 2014 5:11am
what I really like about your chart MM is the "whole day" aspect of red M-Candle what Ive done just for confirmation of the MAIN trend is to add another M-Candle set to 60 .. therefore its safe to enter on any(?) confirming red M-Candle This may also be just contaminating a simple chart , I shall trial and see
Attached Image (click to enlarge)
Click to Enlarge Name: 2m.jpg Size: 142 KB
Whats That? you're trading What?
  • #7,704
  • Jul 4, 2014 5:15am Jul 4, 2014 5:15am
Quoting JohnDaniels
Dear Collegues Pls could you help me: How to tune system that when profit reach 3.5 pips deal transfer to B.E?? I 've got 4 deal today with a profit 0.5 pips - less than comission. Such setting will seriously increase Income and possibility rate i don't understand what to do with trailing or smth else... my trailing settings(wheelbarrel trailing): Thank you in advance {image}
Those are exactely my settings, but I've tested that it requires more than 3.5 pips to move the SL.... Don't know why cause can't read the source.

Maybe someone can help
  • #7,705
  • Jul 4, 2014 5:16am Jul 4, 2014 5:16am
Hi Master don't get me wrong, I agree with you in that 174.900 is a tough support for GJ, and that's the reason why I wasn't confident to place the short order.
Porta itineris dicitur longissima esse
  • #7,706
  • Jul 4, 2014 5:17am Jul 4, 2014 5:17am
Quoting well72
{quote} Hold it: {file}
Thank you very much, have a good weekend
When all conditions are met - Enter trade - sit back and FRET !!!
  • #7,707
  • Jul 4, 2014 5:21am Jul 4, 2014 5:21am
Quoting Qed
what I really like about your chart MM is the "whole day" aspect of red M-Candle what Ive done just for confirmation of the MAIN trend is to add another M-Candle set to 60 .. therefore its safe to enter on any(?) confirming red M-Candle This may also be just contaminating a simple chart , I shall trial and see {image}
Yes just trial the chart and see what you are most comfortable with......

You'd be surprised to know that after trading for many years you will find that charts with the minimal amount of bells and whistles is the chart of choice!

Masterrmind...........
Master your Mind then Master your Trades
  • #7,708
  • Jul 4, 2014 5:22am Jul 4, 2014 5:22am
yep agree
Whats That? you're trading What?
  • #7,709
  • Jul 4, 2014 5:25am Jul 4, 2014 5:25am
Quoting bubincka
Hi Master don't get me wrong, I agree with you in that 174.900 is a tough support for GJ, and that's the reason why I wasn't confident to place the short order.
That's all good no problem at all!

Sometimes you have already taken the trade before it's made obvious on the charts and in that case there is not a lot you can do about it.

Masterrmind.............
Master your Mind then Master your Trades
  • #7,710
  • Jul 4, 2014 5:31am Jul 4, 2014 5:31am
GJ -10/0, EJ +5 today. -34 pips in total this week. It takes time to get used to a new system and to see the chart accordingly. In addition, June, July and the first two weeks of August must be the most difficult time for this system, because the market is quiet. I believe those who survive these months will live long
Happy weekend to everyone!
Attached Image (click to enlarge)
Click to Enlarge Name: 4 julijs.jpg Size: 328 KB
  • #7,711
  • Jul 4, 2014 5:32am Jul 4, 2014 5:32am
Quoting Masterrmind
{quote} That's not so bad Udine is it?? Very good I would say and if that's the worst imagine how much better it can be. Awesome work and thanks for sharing........... Masterrmind............

Its simply awesome... (best week was +22 %)

Cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #7,712
  • Jul 4, 2014 5:33am Jul 4, 2014 5:33am
Quoting JohnDaniels
Dear Collegues Pls could you help me: How to tune system that when profit reach 3.5 pips deal transfer to B.E?? I 've got 4 deal today with a profit 0.5 pips - less than comission. Such setting will seriously increase Income and possibility rate i don't understand what to do with trailing or smth else... my trailing settings(wheelbarrel trailing): Thank you in advance {image}

your settings are correct

Udine
Sleep less, live fast, as it aint gonna last
  • #7,713
  • Jul 4, 2014 5:35am Jul 4, 2014 5:35am
Quoting Udine
{quote} Its simply awesome... (best week was +22 %) Cheers Udine
Do you mean just recently?

Out of interest how long ago did you first start trading it?

Masterrmind............
Master your Mind then Master your Trades
  • #7,714
  • Jul 4, 2014 5:36am Jul 4, 2014 5:36am
Quoting Selga
GJ -10/0, EJ +5 today. -34 pips in total this week. It takes time to get used to a new system and to see the chart accordingly. In addition, June, July and the first two weeks of August must be the most difficult time for this system, because the market is quiet. I believe those who survive these months will live long Happy weekend to everyone! {image}

keep at it, you will get better at it soon enough and then in september full force ahead

Udine
Sleep less, live fast, as it aint gonna last
  • #7,715
  • Jul 4, 2014 5:39am Jul 4, 2014 5:39am
Quoting Masterrmind
{quote} Do you mean just recently? Out of interest how long ago did you first start trading it? Masterrmind............


the 22% week was in May..

mid January I started testing and analyzing.. then started to demo to double a demo account twice, then live

Udine
Sleep less, live fast, as it aint gonna last
  • #7,716
  • Jul 4, 2014 5:42am Jul 4, 2014 5:42am
Quoting Udine
{quote} the 22% week was in May.. mid January I started testing and analyzing.. then started to demo to double a demo account twice, then live Udine
Great result.

Needless to say...........Keep it up!

Masterrmind...........
Master your Mind then Master your Trades
  • #7,717
  • Jul 4, 2014 5:52am Jul 4, 2014 5:52am
Quoting Udine
{quote} the 22% week was in May.. mid January I started testing and analyzing.. then started to demo to double a demo account twice, then live Udine
4 Trades = 5% for today, dont know for the whole week.

Tante grazie e saluti a il majestro Udine!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #7,718
  • Jul 4, 2014 6:03am Jul 4, 2014 6:03am
+ 8% this week thank you Udine
Whats That? you're trading What?
  • #7,719
  • Jul 4, 2014 6:03am Jul 4, 2014 6:03am
Hi Guys,
Due to the number of PM's requesting customised settings for the OpenstopOrder scripts and that although I preferred we stuck to the rules Udine has laid out here for us, there were some legitimate cases where custom settings are required. For instance where trading accounts don't allow micro lots, the percentage based lot size won't work.
So I have made new versions that will allow you to choose your own settings.

Before you use the scripts, you need to run the Setglobals script to set your preferences...
These are global to your mt4 platform and only need to be set once, they will expire if not used for 4 weeks.
Obviously you will need to run the script again if you want to change anything...
Attached Image

Please select either WUKARRiskPercentage or WUKARLots (fixed lot size), set the one you are not using to 0.
WUKARStopLoss and WUKARTakeProfit in pips as usual.
WUKARCancelMinutes to cancel the pending order after so many minutes if not triggered.

Remember to set hotkeys to the buy and sell scripts to make it faster to set the pending orders

Download the 3 files to your scripts folder and enjoy!

Happy trading friends,
MrTD
Attached File(s)
File Type: ex4 SetUdinesGlobals.ex4   5 KB | 904 downloads
Attached File(s)
File Type: ex4 UdinesGlobalInstantBUYStop.ex4   6 KB | 901 downloads
Attached File(s)
File Type: ex4 UdinesGlobalInstantSELLStop.ex4   6 KB | 750 downloads
  • #7,720
  • Jul 4, 2014 6:27am Jul 4, 2014 6:27am
great results guys/girls

Udine
Sleep less, live fast, as it aint gonna last
7 traders viewing now