Disliked.... the Rules are just trade the first 2 hours of FF London and NY....Ignored
They are just better hours than the others.
Áron
As simple as possible: 00 level trading
- #11,002
- Edited 7:42am Jul 16, 2014 7:02am | Edited 7:42am
So do we trade EJ & GJ in 30mins or not due to the USD news?
Here is an indicator that will help you all to trade according to Udine's rules.
I modified an existing News indicator to use only the news we need, which includes USD red news on all pairs.
The indicator above gets info from the news indicator which downloads news from FF.
It shows Lime bars when it is safe according to the rules, Red bars when between 1 hour before news and 30 minutes after news.
DimGray bars for the next 30 minutes as a warning to be careful as news may still have an impact yet.
You will need these 2 files in your indicators folder:
Attachment
(Optional)
(Optional, is original source code and will display news on chart)
If you have the latest version of MT4 you will need to go to tools, options and add the setting below.
As well as allow dll imports
- #11,005
- Jul 16, 2014 7:06am Jul 16, 2014 7:06am
- Joined May 2013 | Status: Trader | 1,997 Posts
Passion, Persist, Patience, Protect
{quote} MrTD our man... this is what we were talking about the other day? thanks anyhow.. now.. do we need to load the 1st three on top or just one will do? thanks bud
sorry, I should have mentioned it...
Only need to load WUKAR_News.ex4 but have FFCal-WUKAR.ex4 in the indicators folder only
- #11,012
- Jul 16, 2014 7:15am Jul 16, 2014 7:15am
- Joined Jul 2008 | Status: Trader | 5,763 Posts
{quote} Good question! Here is an indicator that will help you all to trade according to Udine's rules. {image} I modified an existing News indicator to use only the news we need, which includes USD red news on all pairs. The indicator above gets info from the news indicator which downloads news from FF. It shows Lime bars when it is safe according to the rules, Red bars when between 1 hour before news and 30 minutes after news. DimGray bars for the next 30 minutes as a warning to be careful as news may still have an impact yet. You will need these...
Great job !!!
will check it out immediately
Udine
Sleep less, live fast, as it aint gonna last
- #11,014
- Jul 16, 2014 7:19am Jul 16, 2014 7:19am
- Joined May 2013 | Status: Trader | 1,997 Posts
{quote} Another good question
Thanks you much for this..
I bet you took much time out of your school to do this for us.. you are awesome in my book.
Passion, Persist, Patience, Protect
- #11,017
- Jul 16, 2014 7:22am Jul 16, 2014 7:22am
{quote} On my ignore button ? You´re not !It is true that I would make an exception to my new rule (min. distance between DO & Pending 9.0+ pips) if: - there´s a clear up or down trend in both E or G pairs - momentum for both pairs JMFluke once remarked, that in many cases he wouldn´t take a trade if the SL would be on the other side of the DO. Udine pointed out various times, that if there´s no clear trend and PA is p1ss1ng around the DO, it wouldn´t warrant a trade. Look at my first trade of today, shouldn´t have.... {image}
The same for me... ;-)
- #11,019
- Jul 16, 2014 7:25am Jul 16, 2014 7:25am
- Joined Jul 2008 | Status: Trader | 5,763 Posts
{quote} Was according to your suggestions and why not take a look at it now since you have an hour when you won't be trading because of Red News
lol
already installed
thx for the fast work
cheers
Udine
Sleep less, live fast, as it aint gonna last
