As simple as possible: 00 level trading | Page 937 | 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

  • #18,721
  • Sep 25, 2014 5:37am Sep 25, 2014 5:37am
thanx Udine , ive had a most excellent day on audjpy, I wont post trades ,I would most likely get banned for too many bonus trades ,,, thank you for a cracker set of rules that produce the goods ... regards Q
currently short audjpy 96.251 tp 96.200
Whats That? you're trading What?
  • #18,722
  • Sep 25, 2014 5:38am Sep 25, 2014 5:38am
Quoting ChrisGC
{quote} Don't know why you're fed up with it, you've hardly posted any charts since you're back from holidays?


no not fed up with trading.... I trading !!!

just posting the charts all the time...

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #18,723
  • Sep 25, 2014 5:38am Sep 25, 2014 5:38am
EJ short @ 139.000 + 5 pips.
I am done for the day. Now only watching the charts for the rest of the day for me.
Attached Image
  • #18,724
  • Sep 25, 2014 5:53am Sep 25, 2014 5:53am
Trade #2

EURJPY +6 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 56 KB


Comment: Done for the day!

Masterrmind...........
Master your Mind then Master your Trades
  • #18,725
  • Sep 25, 2014 6:07am Sep 25, 2014 6:07am
Quoting Masterrmind
Trade #2 EURJPY +6 TP {image} Comment: Done for the day! Masterrmind...........
Sorry Mastermind to continue asking you questions, I hope you don't mind...

But if possible can you explain the M15 PsyLevels Dashboard v1, what does it mean, what are the different colours and levels, does it matter?


Thank you, apologies if you're busy!

Also: The UdinesSellStop/BuyStop script when run alongside Wukar EA creates a TP and SL that isn't hidden, is it possible to make the script not create a stop loss or target profit so that it is only managed by the Wukar...

As I want a hidden TP and SL, thank you all.

Much Love,
Stay G,
All the best,
TurismoTek.
  • #18,726
  • Sep 25, 2014 6:41am Sep 25, 2014 6:41am
Quoting TurismoTek
{quote} Sorry Mastermind to continue asking you questions, I hope you don't mind... But if possible can you explain the M15 PsyLevels Dashboard v1, what does it mean, what are the different colours and levels, does it matter? Thank you, apologies if you're busy! Also: The UdinesSellStop/BuyStop script when run alongside Wukar EA creates a TP and SL that isn't hidden, is it possible to make the script not create a stop loss or target profit so that it is only managed by the Wukar... As I want a hidden TP and SL, thank you all. Much Love, Stay G,...
I'm always busy....

But I'm happy to make time for traders like you with exceptional manners.....

psylevels dashboard:

It's used to alert you to levels that you have set in the settings as well as providing colored bars where you would be looking for H1 and D1 to be both red or both green depending on your intended direction. I use it to sync in multiple pairs that I may wish to analyse and possibly trade.
The alert system for pop ups I turned off (set = 0) since it will annoy you if you trade many pairs (4 or less would be manageable). You don't need to use it to successfully trade the 00 strategy but its useful to see what trends are occurring on other pairs when you are only viewing 1 pair.
I suggest you load it onto your chart and play with the settings and soon enough you will know everything about it and how it functions.

Which WUKAR EA are you referring too exactly (the same one I use or a different version type etc)

I use the WUKAR_WB_Trail_v1_3_2e .... and if you don't want the hard SL to show or to be active then set "UseEmergencyStopLoss " = FALSE

You can change the settings to suit your own personal needs. Again attach the EA to your chart and experiment with its functionality.

Hope that helps

Masterrmind..........
Master your Mind then Master your Trades
  • #18,727
  • Sep 25, 2014 6:43am Sep 25, 2014 6:43am
Good Eving MM. a Q from moi, do you use the EA? or deal manually?
Whats That? you're trading What?
  • #18,728
  • Sep 25, 2014 7:00am Sep 25, 2014 7:00am
Quoting Qed
Good Eving MM. a Q from moi, do you use the EA? or deal manually?
Hi Qed,

Both actually! It depends on the chart I'm trading or more precisely where PA is at the time I wish to open a pending order and also how busy it is at the time.

On some of my posted charts you will see the small dashes (red or blue) and when I use Udine scripts they will usually be present at 5 and 10 pip distances from entry.

If I enter a trade using MT4 and the WUKAR trail EA is attached and operating then on a completed trade it will show dashes at 5 and 15 pip distances from entry.

This is because I have the Emergency SL set at 15 pips although the HSL will activate at 10 pips provided it can communicate freely with the broker.

Masterrmind...........
Master your Mind then Master your Trades
  • #18,729
  • Sep 25, 2014 7:02am Sep 25, 2014 7:02am
Good thanks, ah yeh those little blue lines show up on manual as well but dissapear on exit
Whats That? you're trading What?
  • #18,730
  • Edited 7:15am Sep 25, 2014 7:02am | Edited 7:15am
Quoting Masterrmind
{quote} I'm always busy.... But I'm happy to make time for traders like you with exceptional manners..... psylevels dashboard: It's used to alert you to levels that you have set in the settings as well as providing colored bars where you would be looking for H1 and D1 to be both red or both green depending on your intended direction. I use it to sync in multiple pairs that I may wish to analyse and possibly trade. The alert system for pop ups I turned off (set = 0) since it will annoy you if you trade many pairs (4 or less would be manageable)....
Thank you for such a quick and thought out response , I will most certainty take your advice and place it on my charts and monitor it to learn more about it. This question was specifically aimed at you and I really appreciate your in depth response.

The second question was a more general question, for anybody who may know, apologies for not making that clear. I was referring to using

UdinesGlobalInsantBUYstop script and UdinesGlobalInsantSELLStop script (along with SetUdinesGlobals).

When you execute the scripts, it creates a pending order for you at the 00 level, however it also comes with a HARD stop loss and target profit, whereas I want the script to only set the pending Buy stop or sell stop order, not the SL+TP as my WUKAR_WB_Trail_v1_3_3e EA manages that and makes them HIDDEN --- which is my preference.

Does anybody know how to or have access to a script that doesn't set a hard SL or TP, or an alternative script I could use?


Thank you,
All the best,
As always, Stay G.
TurismoTek

EDIT: OK, PROBLEMO SOLVED. For anybody else struggling with this I will explain what to do:

 

  1. On WUKAR_WB_Trail_V1_3_2e or WUKAR_WB_Trail_V1_3_2e set UseEmergencyStopLoss to False
  2. On SetUdinesGlobals set Stop loss to 15.00 and Target Profit to 10.00
  3. Problem solved.
  4. You now can execute the scripts whilst having a hard stop at 15.00, a hidden stop loss at 10.00 and a hidden target profit at 5.00 and a hard target profit at 10.00
  5. This has the added advantage of a hard profit target, should you disconnect from the internet, meaning you exit the trade ASAP

  • #18,731
  • Sep 25, 2014 7:18am Sep 25, 2014 7:18am
Quoting TurismoTek
{quote} Thank you for such a quick and thought out response , I will most certainty take your advice and place it on my charts and monitor it to learn more about it. This question was specifically aimed at you and I really appreciate your in depth response. The second question was a more general question, for anybody who may know, apologies for not making that clear. I was referring to using UdinesGlobalInsantBUYstop script and UdinesGlobalInsantSELLStop script (along with SetUdinesGlobals). When you execute the scripts, it creates...
I was wondering what you meant exactly but your edit tells the story!

Masterrmind..........
Master your Mind then Master your Trades
  • #18,732
  • Sep 25, 2014 7:27am Sep 25, 2014 7:27am
thats plan completed thx
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2014-09-25%25252014_20_30-30809_%252520MetaTrader%252520-%252520Pepperstone%252520-%252520%25255.png Size: 19 KB
Click to Enlarge Name: 2014-09-25%25252014_18_49-30809_%252520MetaTrader%252520-%252520Pepperstone%252520-%252520%25255.png Size: 21 KB
  • #18,733
  • Edited 7:41am Sep 25, 2014 7:29am | Edited 7:41am
Trade #3 [Bonus trade #1]

CADJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 58 KB


Trade #4 [Bonus trade #2]

AUDJPY +5 TP

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 54 KB


Masterrmind..........
Master your Mind then Master your Trades
  • #18,734
  • Sep 25, 2014 7:53am Sep 25, 2014 7:53am
Quoting TurismoTek
{quote} Sorry Mastermind to continue asking you questions, I hope you don't mind... But if possible can you explain the M15 PsyLevels Dashboard v1, what does it mean, what are the different colours and levels, does it matter? Thank you, apologies if you're busy! Also: The UdinesSellStop/BuyStop script when run alongside Wukar EA creates a TP and SL that isn't hidden, is it possible to make the script not create a stop loss or target profit so that it is only managed by the Wukar... As I want a hidden TP and SL, thank you all. Much Love, Stay G,...

Hi

when i tried to execute script getting msg that first run the script
How to run a script ?

Thanks
  • #18,735
  • Sep 25, 2014 8:02am Sep 25, 2014 8:02am
Quoting TurismoTek
{quote} Thank you for such a quick and thought out response , I will most certainty take your advice and place it on my charts and monitor it to learn more about it. This question was specifically aimed at you and I really appreciate your in depth response. The second question was a more general question, for anybody who may know, apologies for not making that clear. I was referring to using UdinesGlobalInsantBUYstop script and UdinesGlobalInsantSELLStop script (along with SetUdinesGlobals). When you execute the scripts, it creates...
This is really helpful. Thanks for the explanation.
  • #18,736
  • Sep 25, 2014 8:14am Sep 25, 2014 8:14am
Quoting Masterrmind
{quote} I was wondering what you meant exactly but your edit tells the story! Masterrmind..........
Hi MM & TurismoTek,

I am using 'UdinesInstantBuy/SELLStopOrder' scripts and just wondering if you could tell me: is the difference between these scripts and the 'UdinesGlobalInstantBUY/SELLStop' scrpits is that you can set lot sizes in the latter while you can only set % in the former? Or are there other differences as well?

Many thanks in advance.
BB.
  • #18,737
  • Sep 25, 2014 8:17am Sep 25, 2014 8:17am
Trade #2 UCAD TP.

Attached Image (click to enlarge)
Click to Enlarge Name: Ashampoo_Snap_2014.09.25_21h09m32s_034_.png Size: 26 KB


Sry for the late post but trade was still on going when I left in the afternoon. I'm done for today!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #18,738
  • Sep 25, 2014 8:22am Sep 25, 2014 8:22am
Well, 4, and 5 Trades of the day:
Again today 5 wins 0 losers ...
be lucky?
I think the best times to trade are the first 2 hours of opening of London and the first two hours of opening of NY
Attached Image(s) (click to enlarge)
Click to Enlarge Name: GBPCHFH1.png Size: 41 KB
Click to Enlarge Name: GBPAUDH1.png Size: 47 KB
  • #18,739
  • Sep 25, 2014 8:31am Sep 25, 2014 8:31am
I have a question, what is the difference between wukar 1.3.2 and wukar 2.0?
  • #18,740
  • Sep 25, 2014 8:34am Sep 25, 2014 8:34am
Hi Guys

I am getting difficulty in running script. How to run a script before execute

Thanks
7 traders viewing now