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  • #7,501
  • Sep 29, 2014 3:11am Sep 29, 2014 3:11am
Quoting Favorite
{quote} Predator is a PA-based system, however there will be some PA-based indicators to make the system more "visual".
I am always willing to learn something. So I am curious as to what the difference is between a PA-based indicator and a non PA-based indicator. Can you explain that, please?
If you are good at something, never do it for free--Joker
  • #7,502
  • Sep 29, 2014 5:21am Sep 29, 2014 5:21am
Monday volality is almost always making me bored and sleepy

Seems to that "TMA M1 beyond TMA M5 in TMA M15 direction" is good in consolidation zone

Regards, pretorian1
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Aggressive, High Risk, High Gain, High Accuracy
  • #7,503
  • Edited 10:24am Sep 29, 2014 6:41am | Edited 10:24am
Quoting jmn5611
I am always willing to learn something. So I am curious as to what the difference is between a PA-based indicator and a non PA-based indicator. Can you explain that, please?
There are PA-based systems and there are indicator-based systems.

Price Action has its own laws and principles, so PA-based systems are the systems that work according to those laws and principles. They are strong and powerful, yet not very visual and require very good PA knowledge.

Indicator-based systems are primitive systems based ONLY on the indicators: if this indicator shows this - enter, if this indicator shows this - exit. They are simple and visual, but not very profitable, because indicators are just indicators...

My systems (including Babon and Predator) are PA-based systems with indicators as visual help, they put together the power and profitability of the PA-based systems and simplicity and visuality of the indicator-based systems.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #7,504
  • Sep 30, 2014 4:04am Sep 30, 2014 4:04am
Anyone else having an issue with the Babon indicator and the latest MT4 release? It is causing a memory allocation error on build 711.
  • #7,505
  • Sep 30, 2014 4:42am Sep 30, 2014 4:42am
Favorite,please tell me where to start studying PA and what you should pay attention to?
  • #7,506
  • Sep 30, 2014 5:07am Sep 30, 2014 5:07am
Quoting panamamike
Anyone else having an issue with the Babon indicator and the latest MT4 release? It is causing a memory allocation error on build 711.
No...,I am still using 670 build.But thanks a lot for warning ,will be ready for it. Hope you will manage this problem and will share results.Thanks in advance!

Regards,
David.
Success is nothing more than a few simple disciplines, practiced every day.
  • #7,507
  • Sep 30, 2014 5:19am Sep 30, 2014 5:19am
Any suggestions on how to roll back my build? I have the 670 build on another computer.
  • #7,508
  • Sep 30, 2014 6:22am Sep 30, 2014 6:22am
Quoting panamamike
Any suggestions on how to roll back my build? I have the 670 build on another computer.
Mike,I just check 711 build with my indicators compatibility ,it seems to be everything works .Try to redownload the terminal or connect to your broker with 670 build request.
Have a nice evening!
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Success is nothing more than a few simple disciplines, practiced every day.
  • #7,509
  • Sep 30, 2014 6:57am Sep 30, 2014 6:57am
It will load successfully.....let it run for a while. Same thing happened on 3 different terminals.

I replaced my terminal.exe with a build 670. All is working fine now.
  • #7,510
  • Sep 30, 2014 8:50am Sep 30, 2014 8:50am
Quoting DearDed
Favorite,please tell me where to start studying PA and what you should pay attention to?
Go to this post:
http://www.forexfactory.com/showthre...77#post7711277

and download all the files that Machinator provided.

Go to this post:
http://www.forexfactory.com/showthre...89#post6642989

and download "The Most Important Price Action Patterns for Babon Traders"

Start with the "Summary for Babon Traders" and "The Most Important Price Action Patterns for Babon Traders", these two summaries that I created contain the most important patterns.

When you feel that you mastered the Summaries, read the original Lance Beggs' books - all the YTC books.
Gentlemen always play by the rules. If they can't, they change the rules.
  • #7,511
  • Oct 1, 2014 3:45am Oct 1, 2014 3:45am
New month,new struggles,new challenges....
First trade of the month,a very difficult after adding to a position when I was ready to close both,but very exciting when price finally decided to go to my direction till TMA H1.
Have a profitable October guys and take care!

David.
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Success is nothing more than a few simple disciplines, practiced every day.
  • #7,512
  • Oct 1, 2014 4:17am Oct 1, 2014 4:17am
Quoting Machinator
New month,new struggles,new challenges.... First trade of the month,a very difficult after adding to a position when I was ready to close both,but very exciting when price finally decided to go to my direction till TMA H1. Have a profitable October guys and take care! David. {image} {image}
Congratulations on your profitable trades David
Everdy day, every week, every month gives us a new opportunities to become richer than we were before, we just need to "bend down and pick up these bars of gold, lying on the street"

Wish as much green pips as possible in October for you and every folks here!

Regards, Michael
Aggressive, High Risk, High Gain, High Accuracy
  • #7,513
  • Oct 1, 2014 4:33am Oct 1, 2014 4:33am
Quoting Machinator
New month,new struggles,new challenges.... First trade of the month,a very difficult after adding to a position when I was ready to close both,but very exciting when price finally decided to go to my direction till TMA H1. Have a profitable October guys and take care! David. {image} {image}
Hey David good trading and good to see the thread active and Favorite back around here. I can see DNA hibernating in the background this morning.

Had 2 quick shorts in EURUSD & GBPUSD almost immediately after their respective news too.

Just wanted to pop in and say hi, and I'm off for a quick snooze.

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #7,514
  • Oct 1, 2014 4:35am Oct 1, 2014 4:35am
Quoting Favorite
{quote} Go to this post: http://www.forexfactory.com/showthre...77#post7711277 and download all the files that Machinator provided. Go to this post: http://www.forexfactory.com/showthre...89#post6642989 and download "The Most Important Price Action Patterns for Babon Traders" Start with the "Summary for Babon Traders" and "The Most Important Price Action Patterns for Babon Traders", these two summaries that I created contain the most important patterns. When you feel that you mastered the Summaries, read...
Hey Captain, good to see you around, and trust it is well with you. Take care, and see you late as I'm off to snooze.

Shalom
Low Risk Low Stress High Reward High Probability Trades
  • #7,515
  • Oct 1, 2014 4:45am Oct 1, 2014 4:45am
Quoting pretorian1
{quote} Congratulations on your profitable trades David Everdy day, every week, every month gives us a new opportunities to become richer than we were before, we just need to "bend down and pick up these bars of gold, lying on the street" Wish as much green pips as possible in October for you and every folks here! Regards, Michael

Thanks Michael!Glad to know your name.
As one of Russian fiction hero said'' I am the ideological fighter for currency notes...''. The naked truth about me and I think for every person who want to be successful in this business.

Regards,
David.
Success is nothing more than a few simple disciplines, practiced every day.
  • #7,516
  • Oct 1, 2014 4:50am Oct 1, 2014 4:50am
Quoting 919gilead
{quote} Hey David good trading and good to see the thread active and Favorite back around here. I can see DNA hibernating in the background this morning. Had 2 quick shorts in EURUSD & GBPUSD almost immediately after their respective news too. Just wanted to pop in and say hi, and I'm off for a quick snooze. Shalom
Shalom George,Shalom to all of us
Success is nothing more than a few simple disciplines, practiced every day.
  • #7,517
  • Oct 1, 2014 8:33am Oct 1, 2014 8:33am
Quoting 919gilead
Hey Captain, good to see you around, and trust it is well with you. Take care, and see you late as I'm off to snooze. Shalom

Hi George! I'm glad to see you here again!


Yes, I'm fine, and even better than fine - I'm really kicking some butt!
Gentlemen always play by the rules. If they can't, they change the rules.
  • #7,518
  • Edited 9:07am Oct 1, 2014 8:54am | Edited 9:07am
Quoting Machinator
As one of Russian fiction hero said'' I am the ideological fighter for currency notes...''
Yes, and it was MY fictional hero, MY Ostap Bender, the guy on MY picture!
http://en.wikipedia.org/wiki/Ostap_Bender

Just look at him! All his appearance says:
"Я не налетчик, а идейный борец за денежные знаки!"
(I'm not a robber, I'm the ideological fighter for the banknotes!)

Attached Image
Gentlemen always play by the rules. If they can't, they change the rules.
  • #7,519
  • Oct 1, 2014 10:25pm Oct 1, 2014 10:25pm
Quoting Favorite
{quote} Hi George! I'm glad to see you here again! Yes, I'm fine, and even better than fine - I'm really kicking some butt!
Good to hear that you're more than fine and kicking butts Hope to follow in your footsteps
Low Risk Low Stress High Reward High Probability Trades
  • #7,520
  • Oct 1, 2014 10:32pm Oct 1, 2014 10:32pm
Quoting Machinator
{quote} Shalom George,Shalom to all of us
Yes Shalom, Shalom my friend, and Shalom to all of us

I missed some good moves in the AU & NU during the Asian session but it's okay as I decided to spend time with the family before they think forex is my life when it is not.

Take care, and see you around.

Cheers, and God bless
Low Risk Low Stress High Reward High Probability Trades
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