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  • #61
  • May 16, 2014 3:29pm May 16, 2014 3:29pm
Quoting hayseed
{quote} //---- hey rabbit..... almost anything can be placed on the chart.... we would need to know the exact indicator, the mq4, you are using because there are so many different sdx tz pivot variations..... or, as in my case, you could just use the standard pivot math and place the results in text, or comment, on your chart..... post pivot indicator here in the platform tech section so we can tell more.....h

Thank you, i will post it. Have good Weekend
  • #62
  • May 16, 2014 8:56pm May 16, 2014 8:56pm
metta87 asked a good question today that got me wonderin..... 'if there was no spread, how profitable would you be'.....

so i wrote a quick ea that looks at all closed orders and breaks down the numbers per pair..... or at least most of the pairs offered by ibfx..... will upload the ea to the first post in this thread this weekend after verifying it will work in version 625..... also will post some others tonite.....

for me, in this explorer account, i would be 10% more profitable had there been no spread cost.....

with a little over 1300 closed trades there has been 16,857 profit with roughly 2,465 in spread costs.... the total spread cost is far less important to me than the (profit/spreadcost) ratio..... that ratio is currently 15%......

during the course of this year that ratio should fall to well below 10, possibly as low as 5....... what has it so high now is the ukraine troubles have had me on the wrong side of the market for the past 4 months...... rather than large targets, which lower the ratio, i have been forced into nickel and dime trades that raise the ratio..... time will cure that......h
//----
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to trade and code, keep both simple... no call to impress....h
  • #63
  • Jun 1, 2014 11:44am Jun 1, 2014 11:44am
imagine a ea that counted every single buy/sell signal on every single pair on every single timeframe, 15 minutes up, on 30 of the most common indicators along with 20 more not so common..... anyone coding such a ea will be introduced to the term GetTickCount()...... .....
//-----

over the last 10 years almost without fail, on average on every single pair every 20 to 25 monthly bars the psar will change..... and again, that's an average....

in the eurusd world, the current count stands at 18..... june will be 19...... and the ichimoku cloud is just 131 pips below..... the ichi cloud, when coupled with the psar, is usually a tradable signal......

it's a eurusd uptrend until the psar says different.......

//-----
after 5 months in the red, june appears to be the turning point..... both explorers, one public and one not, should cross 100% this month..... or 0, as the case may be.....h

//----
Attached Image (click to enlarge)
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to trade and code, keep both simple... no call to impress....h
  • #64
  • Jun 10, 2014 9:23am Jun 10, 2014 9:23am
usdjpy 1440 stochastic is falling below 80 today..... that's a sell signal for some......

will be adding heavy here on the .25 in preparation for the 2nd half...... as always, long only..... expecting/excepting drawdowns of 6k....... profit target 10k by years end.....

//-----

after an unbelievable run of winning usdjpy trades over the last 2 years, this year has been hit hard by stoplosses..... only little over 1800 made in it so far this year and currently standing usdjpy orders are under water almost 2k......

that's ok......

as before...... easy to see it at 100.5 ..... hard to see it at 96...... 99 would not worry me...... target still 148......h

//----
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to trade and code, keep both simple... no call to impress....h
  • #65
  • Jun 11, 2014 4:45am Jun 11, 2014 4:45am
Quoting hayseed
usdjpy 1440 stochastic is falling below 80 today..... that's a sell signal for some.....
//----

broke the uptrend line..... the only extreme weakness signal for the past 80 bars on every pair on the 30 minute chart was here..... it figures......

fixin to find out what 102 is made of.....h
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to trade and code, keep both simple... no call to impress....h
  • #66
  • Jul 18, 2014 7:43pm Jul 18, 2014 7:43pm
Quoting hayseed
over the last 10 years almost without fail, on average on every single pair every 20 to 25 monthly bars the psar will change..... and again, that's an average.... in the eurusd world, the current count stands at 18..... june will be 19......
//-----

and july will be 20...... consider it changed.....

bull markets become such by slowly climbing the wall of worry..... the occasional retrace will be as violent as it is brief..... usually lasting only a fraction of the preceding up bar counts.....

bear markets become such by slowly sliding down the slope of hope..... the occasional retrace will be as violent as it is brief..... usually lasting only a fraction of the preceding down bar counts.....

the eurusd is oversold in the weekly but overbought in the monthly with a psar change..... conflicting signals often are resolved in the larger timeframes favor by violent/brief 3 to 4 bar wonder rally's....

such a rally could easily lift the eurusd up 3 to 4 hundred pips..... i see that as an opportunity.....

at this point the euraud interests me more......

in my mind is the august 2012 low...... 'whack every rally' mode...... but cautious of wonder rally's......h
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to trade and code, keep both simple... no call to impress....h
  • #67
  • Jul 27, 2014 10:25am Jul 27, 2014 10:25am
between now and august 3, 2014 i will begin removing money from my ibfx accounts and transferring it to a etrade forex futures account...... my decision has nothing to do with ibfx, which whom after all these almost 10 years i have yet to have a single complaint...... I might leave a small amount in the standard account, but the 4 minis will be shut down.....

it has to do with both nfa and metaquotes insistence on placing nails in the road...... i'll be taking the next right turn.....

would have liked to see just how far this would have gone....... but as neal diamond once said, we have one thing shared........ 'done to soon'......h

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Dear customer,
The National Futures Association (NFA) mandates the use of first-in first out (FIFO) execution to provide more transparency to customers and a more accurate picture of the P/L on multiple positions. Under FIFO, when you have multiple positions in the same currency pair, the position that was opened first will be the first to be closed.
Therefore, effective August 3, 2014, we are changing how we meet the FIFO requirements. All opened trades in a particular currency pair or product will be shown closed in the order in which they were originally opened.
How to access your account statements:
Moving forward, your customer statements will be available through the MT4 platform and client center. To access your statements in MT4:

  1. Log in to MT4 and click on the Account History tab
  2. Right-click inside the Account History window
  3. Select "Save as Report."


What you should do:
We encourage you to evaluate your account and Expert Advisors to ensure that your current strategies adhere to the FIFO rules:

  1. The oldest trade of a specific symbol must be closed before newer trades of the same symbol.
  2. Attempts to close a newer trade of the same symbol will be rejected with an error message.
  3. Applying a stop loss or take profit to any ticket will also apply the same stop loss or take profit to all other tickets.


Should you have any questions or concerns, or if you are unsure of how this change will affect your account, please feel free to contact us.
Sincerely,The IBFX Team

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to trade and code, keep both simple... no call to impress....h
  • #68
  • Jul 30, 2014 8:25am Jul 30, 2014 8:25am
bands gittin kinda tight..... h
//----
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to trade and code, keep both simple... no call to impress....h
  • #69
  • Jul 30, 2014 1:55pm Jul 30, 2014 1:55pm
Quoting hayseed
bands gittin kinda tight..... h //---- {image}
Its been pushing hard all year so its due a correction ? maybe back to the 0.8-0.81 handle (ish).. maybe ?....
let the ma's catch up..only selling for me though atm, I'm not keen in stepping in front of a train..


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Memories caught in time but never forgotten
  • #70
  • Jul 31, 2014 5:20pm Jul 31, 2014 5:20pm
hey luther..... here ya go as promised....


peyton is only 5, that's why i use a blank template and apply only the indicator which plots the hull ma....

if you right click on any chart and select 'properties', you can then select 'line chart' under the common section, then select 'none' for the line graph under the colors tab..... this creates a blank chart..... save that as a template..... then apply the indicator.....

move the lines to your entry and exit..... lime is buy, red is sell..... you can apply other indicators such as in makayla's video, she's 8 and a little more advanced.....

and of course you can just apply it to a regular chart, with price bars.... then you can apply any other indicator or indicators and move the lines accordingly...... as soon as a tick arrives it will do the math.....
//-----

the more extensive version as in the chart below, works similar except that you can create baskets of pairs to trade and select from many many indicators/signals ..... it will total the gain or loss of all pairs in the same manner..... i would have to edit it hard to make it public because it contains dozens of icustoms that no one but me will have......h

//------
Inserted Video


//-----

Inserted Video


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Attached Image(s) (click to enlarge)
Click to Enlarge Name: buysell.png Size: 38 KB
Click to Enlarge Name: limered.png Size: 53 KB
Attached File(s)
File Type: mq4 peytons test ma.mq4   7 KB | 726 downloads
File Type: ex4 peytons test ma.ex4   14 KB | 606 downloads
to trade and code, keep both simple... no call to impress....h
  • #71
  • Jul 31, 2014 5:55pm Jul 31, 2014 5:55pm
huh!!! she will beat me any day ..... Kudos to the little girl for learning so quick & for you to teaching some awesome stuff to her
Risk / Trade Management is the name of the Game
  • #72
  • Edited Aug 1, 2014 3:03am Jul 31, 2014 11:23pm | Edited Aug 1, 2014 3:03am
Quoting hayseed
hey luther..... here ya go as promised.... peyton is only 5, that's why i use a blank template and apply only the indicator which plots the hull ma.... if you right click on any chart and select 'properties', you can then select 'line chart' under the common section, then select 'none' for the line graph under the colors tab..... this creates a blank chart..... save that as a template..... then apply the indicator..... move the lines to your entry and exit..... lime is buy, red is sell..... you can apply other indicators such as in makayla's video,...
Thanks Hayseed, I really appreciate you sharing this.

I like the idea of simplifying the charts with the blank template. My little one is going to be 5 soon so it's a great way to get him started.

Best regards,

Luther
  • #73
  • Aug 1, 2014 8:47am Aug 1, 2014 8:47am
Dear hayseed,

i just wanted to thank u for being here around for such a long time and sharing your expierence with the community. You are one of the few who not only "talks" but who actually trades profitably (at least for this year , dont know your results from past time) and shows it through the trade explorer. I hope u will stay here for a longer period of time.

I congratulate u to your success and wish u all the best with your trading.

Thalaton
  • #74
  • Aug 1, 2014 7:25pm Aug 1, 2014 7:25pm
Quoting Thalaton
Dear hayseed, i just wanted to thank u for being here around for such a long time and sharing your expierence with the community. You are one of the few who not only "talks" but who actually trades profitably (at least for this year , dont know your results from past time) and shows it through the trade explorer. I hope u will stay here for a longer period of time. I congratulate u to your success and wish u all the best with your trading. Thalaton
And another thanks here. I recently cited your trade report to emphasize why using small lots allows you to exercise extreme patience with positions to give them time to develop and be profitable, in particular focusing on a couple of USD/CAD positions you held for eight weeks before closing them with a small profit:

Attached Image (click to enlarge)
Click to Enlarge Name: Hayseed's Patience.jpg Size: 21 KB


I figure that comes from the long hours in the blind waiting for that monster to buck to saunter up the trail and provide an ideal shot ... .
Fireworks are fun ... as long as you don't blow your fingers off.
  • #75
  • Aug 1, 2014 9:10pm Aug 1, 2014 9:10pm
Quoting ZebraSquirl
{quote} And another thanks here. I recently cited your trade report to emphasize why using small lots allows you to exercise extreme patience with positions to give them time to develop and be profitable, in particular focusing on a couple of USD/CAD positions you held for eight weeks .
//-----

hey zebra..... those cad trades are perfect example of why i seldom trade something with a negative swap..... usually i'll trade ise currency options if the spot trade would result in me paying swap.....

not sure if you can see the comments on my trades.... if you can, it will give some incite into what's going on..... those cad trades, which were a mistake, were from a fibonacci retracement ea i was testing.... i'll be testing several different ea's everyday.....

many of the trades were the girls trading this summer, as seen in the comments..... if you can see them.....

i'm preparing for a large drawdown next week, so all targets got pushed way out and all unneeded trades were closed shortly before markets close today.....

this is a standard account so 0.1 lot is a full mini lot, but yes even when it goes over 100k, i'll still be using small trades....... grains of sand add up......h

//-----
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Click to Enlarge Name: peyton.png Size: 158 KB
to trade and code, keep both simple... no call to impress....h
  • #76
  • Aug 2, 2014 7:56am Aug 2, 2014 7:56am
Does Peyton provides signal service or what ??? astounding results Better than many signal providers out there. Looking forward to see her dominate world of investment trading. Best wishes to her.
Risk / Trade Management is the name of the Game
  • #77
  • Aug 3, 2014 3:08pm Aug 3, 2014 3:08pm
Quoting hayseed
{quote} //----- hey zebra..... those cad trades are perfect example of why i seldom trade something with a negative swap..... usually i'll trade ise currency options if the spot trade would result in me paying swap..... not sure if you can see the comments on my trades.... if you can, it will give some incite into what's going on..... those cad trades, which were a mistake, were from a fibonacci retracement ea i was testing.... i'll be testing several different ea's everyday..... many of the trades were the girls trading this summer, as seen in...
Yeah, I noticed the negative swap ... . Adds up significantly over time ... . With most pairs, I don't pay a great deal of attention to it, but there are a few I only trade one way (AUD long and NZD long, for example), so patience is required to wait for the set-up ...
Fireworks are fun ... as long as you don't blow your fingers off.
  • #78
  • Aug 3, 2014 3:14pm Aug 3, 2014 3:14pm
Great trading. We have a similar style.

For carry, its all about that Turkish Lira and Russian Ruble.

Awaiting the double top to build carry again.
Attached Image
Be hopeful in a winning position, and fearful in a losing position.
  • #79
  • Aug 3, 2014 6:01pm Aug 3, 2014 6:01pm
Quoting grin
{quote} Are these good carry trades? The general trend is down even if you might get higher interest rates in those than in USD.
RUB and TRY long are fairly good carries; this means you will be shorting USD/RUB and USD/TRY to take advantage of positive swap.
Fireworks are fun ... as long as you don't blow your fingers off.
  • #80
  • Aug 3, 2014 6:36pm Aug 3, 2014 6:36pm
"Prohibited by FIFO rule "

this appears to become a BIG, BIG inconvenience and I haven't seen this message popping up on MT4- IBFX until today.

any ideas/solutions?

Thank you!
Once A Trader Always A Trader.
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