hi udine.
i have just marked out todays trades on eurusd, pls check the chart and correct me if I'm wrong?
i have just marked out todays trades on eurusd, pls check the chart and correct me if I'm wrong?
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As simple as possible: 00 level trading
{quote} here: You can trade .900 levels short. You can trade .100 levels long. .900 NOT LONG .100 NOT SHORT Udine
Ok, this is clear as glass since I read your post #1.
Sorry if I'm boring the thread, but what I did NOT understand is the rule 12.
Appreciate if someone can explain. If I being dumb, just forget.
- #8,525
- Jul 8, 2014 12:15pm Jul 8, 2014 12:15pm
- Joined Oct 2011 | Status: Trader | 1,418 Posts
{quote} Udine, tkz for the reply. Ok, this is clear as glass since I read your post #1. Sorry if I'm boring the thread, but what I did NOT understand is the rule 12. Appreciate if someone can explain. If I being dumb, just forget.
You don't trade long at .9 because it is only 10 pips from the RN. You don't trade short at .1 because it is only 10 pips from the RN.
Small disciplines repeated with consistency lead to great achievements.
{quote} I feel like we have all responded to this question; I myself several times. You don't trade long at .9 because it is only 10 pips from the RN. You don't trade short at .1 because it is only 10 pips from the RN.
Ok what you guys expose I really understood, and it's ok with rule 12.
I think this way:
5. No short @ .100 level (ok, because Distance to RN would be less than 10 pips, violating rule 5)
6. No long @ .900 level (ok, because Distance to RN would be less than 10 pips, violating rule 6)
This being said, and since the only rule talking about RN is the 12th, it's confusing to me understand that trading round numbers is ok. Wouldn't the distance to RN be less than 10 pips (buying or selling)?
So, in my understading of what I've read from Udine, I think: "when Udine write rule 12, it seems he was thinking about something else than rule 5 or 6, because was already understood at that time all we need to know about RN, right? (No short @ .100 level and No long @ .900 level)". So, when I read rule 12, I think: "Oh, rule 12 + rule 5 + rule 6 = avoid trading in direction to RN between 173.9 and 174.1, for example, and also trading the RN to any direction (distance < 10 pips)."
After you guys explained trading RN do not violate the system rules, I couldn't understand what's rule 12 is adding to the SUMMARY TRADING RULES (all was already been said in rules 5 and 6).
Now it's clear for me now, I just think someone else could understand the same way I did.
But guys, I really don't want to pollute and get the thread quality down with this dumb and repetitive topics.
Great system Udine! Thank you.
GREEN PIPS all
(and i'm going out for today >>>>>>>>>>>>>> BRAZIL WORLD CUP 2014 >>>> GO GO GO
{quote} Fast enough for me
Hi gentlemen, finally i'm about to have the "system" up and running in a demo environment. unfortunately i'm a bit confused in regards of the configuration of the wukar_wb_trail_v1_3_2e EA. Maybe you experts can help me clarify the questions below
1. Hidden SL should be changed to 10 and not 100 according to the rules of 10 pips Stop loss correct ?
2. Hidden TP1 should be changed to 5 and not 50 according to the rules of 5 pips Take Profit correct ?
In fact, the numbers are not in pips, but in decimals of pips, like your platform.
When you see EURJPY @ 138.218, it's 138.21 pips and 8 decimals of pips.
So, to manage correctly your orders, the EA has to count in decimals of pips too.
Then 100 = 10 pips dot 0 decimals of pip (10.0) and 50 = 5 pips dot 0 decimals of pip (5.0).
That's the parameters Udine uses.
3. I have an issues with the OCO as well. Do i need to configure it somehow in order to react ?. if i place 2 order the one that's beeing hit, does not cancel the other.
When you have a pending long and a pending short (on the same screen, of course), when one is triggered, the other is automatically deleted.
It works perfectly if you set the "Delete OCO" to True, which is the case on the screenshot you provide.
4. I have as well turned off the Manual Confirmation under the common tab, but still my SL/TP does not seem to be hit and i get the confirmation window up when price reaches either the SL or TP levels
Hope this can help you, Ministeren :-)
Today was a really bad day for me. 2 TPS & 4 losing trades. But for me it was a great day anyway, I quit trading for today after that fourth loss and went out and played with my little boy. It felt great to overcome the "trade & tilt"-emotion. Now back and analyzing all trades today look what went wrong and good, saving screenshots and filling in the spreadsheet. Learn from your mistakes and move to next trade! Tomorrow is another day in Greenpip-ville!
Ok, here is a slightly modified EA to handle MagicNumbers. The default is 0 (zero) so it won't do anything different than 1.3.2e unless you change the MN value. However, your order scripts need to have the same MN to work (because for some crazy reason, you can't change an order MN after it's created 
). If you are using MrTD's scripts, maybe he can add that or if he wants to send me the code, I can do it.
Of course with US brokers you can't trade 2 systems on the same pair in the same account because of the stupid FIFO rules!
). If you are using MrTD's scripts, maybe he can add that or if he wants to send me the code, I can do it.Of course with US brokers you can't trade 2 systems on the same pair in the same account because of the stupid FIFO rules!
