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  • #421
  • Oct 20, 2014 11:15pm Oct 20, 2014 11:15pm
Quoting cavenlee92
{quote} so far for today AU +7pips EU pending UJ first trade -7pips second trade +10.5pips GU no trade GJ no trade EJ no trade AJ no trade total = 10.5pips i reopen again the UJ at the same price point but , the TP add more 50% as the first page mention anyone using the second trade method? it is correct to use second trade method ?
Well done cavenlee92! The way I do the re-entries is, if PA comes back to at least my SL then I consider this as a legible re-entry - otherwise it may dance around the entry. I do not add / change my original settings. Its up to you what you wish to do [the original post by swilliam states that this is still under testing] but please lets us know what is working for you. Thanks!
  • #422
  • Oct 20, 2014 11:39pm Oct 20, 2014 11:39pm
Quoting griffinssoul
{quote} Hi Reeeen4, thank you so much for the information. You are getting incredible results! I really admire the way you are thinking and applying your analysis, well done!
Thanks griffinssoul!

I have had mixed sucess so far today.

EA - 15pip (I was trying out different TP & SL) might have been a bad day to try since it looks like EA is possibly changing direction or in a retracement.
NU -7
UJ +15
AU +7

So I'm pretty much where I started at the beggining of today. LOL oh well no loss so that's ok. The day is still young though and the others look pretty hopeful!
Learning is all about about asking the right questions!
  • #423
  • Edited 11:57pm Oct 20, 2014 11:46pm | Edited 11:57pm
Quoting reeeen4
{quote} Thanks griffinssoul! I have had mixed sucess so far today. EA - 15pip (I was trying out different TP & SL) might have been a bad day to try since it looks like EA is possibly changing direction or in a retracement. NU -7 UJ +15 AU +7 So I'm pretty much where I started at the beggining of today. LOL oh well no loss so that's ok. The day is still young though and the others look pretty hopeful!
I believe this is also because of the deception of the Tokyo session. When you win big its because almost everything wins, so it makes it look better than just winning 60-70%. [I could have told you NU was looking bad and AU good from the probabilities. But this needs more work.] What are your stats telling you about the Asian session?
  • #424
  • Edited 1:33am Oct 21, 2014 12:54am | Edited 1:33am
EU & UChf both looking good, very slow but steady. I had 31% prob on both before trigger [which means I would have a tighter SL strategy in place? AU with higher prob (51%) would have been good for a runner (+26pips)]. I'm tied of calculating the math by hand

EG coming up but I'm taking a pass ; over-extended and low prob (34%)... actually its looking good around 5pips... got to around 7pips.. ok, can we put that down to the (non-Red) news?
  • #425
  • Oct 21, 2014 2:19am Oct 21, 2014 2:19am
this is the total today result , not bad for the first trying this system, looking forward for tomorrow
anyone is suggest to put the pending the order again when it hit SL or just let it be ??
Attached Image (click to enlarge)
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  • #426
  • Edited 3:19am Oct 21, 2014 3:03am | Edited 3:19am
Quoting cavenlee92
this is the total today result , not bad for the first trying this system, looking forward for tomorrow anyone is suggest to put the pending the order again when it hit SL or just let it be ?? {image}
MM is up to you cavenlee92.

EDT: I am very conservative, no martingale type systems, no chasing trades etc (IMO accounts are quickly lost this way)...
  • #427
  • Edited Oct 22, 2014 6:44am Oct 21, 2014 5:26pm | Edited Oct 22, 2014 6:44am
London open was looking terrible (typically, PA was hovering around entries unconvincingly) and there was absolutely nothing happening at the US open - weird stuff.

Ok, once again we get this weird phenomena were we have Harami type patterns. NU(shooting star), AU(doji), UJ(dragon fly) have all changed to MWRG or MWGR types (from MWRR or MWGG). All far from entries.

GJ & EJ (MWRR's) are online and looking good... (all other majors that I can see are No Trade)

EDT: following reeeen4 I tried 15pips for both GJ & EJ : GJ -15pips and EJ +15pips = nothing!
  • #428
  • Edited 8:09am Oct 23, 2014 7:09am | Edited 8:09am
The well is dry... (there use to be so many trades!)

GU & EJ looks like they would have worked...

GJ & AU online and looking ok

NU needs to run up hard to make it to the entry...
  • #429
  • Oct 23, 2014 10:47am Oct 23, 2014 10:47am
hi guys today result
and friday can be trade as usual ?
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  • #430
  • Oct 23, 2014 2:51pm Oct 23, 2014 2:51pm
great job guys. development looks good
  • #431
  • Edited 9:19pm Oct 23, 2014 7:14pm | Edited 9:19pm
Quoting cavenlee92
hi guys today result and friday can be trade as usual ? {image}
Wonderful results cavenlee92. Keep going! Yes, all trading days except first week of 1M and each Mon. Since there are so few trades I would suggest trading everything I could at this stage and follow reeeen4.
  • #432
  • Oct 23, 2014 9:21pm Oct 23, 2014 9:21pm
Quoting griffinssoul
{quote} Wonderful results cavenlee92. Keep going! Yes, all trading days except first week of 1M and each Mon. Since there are so few trades I would suggest trading everything I could at this stage and follow reeeen4.
ok! so you mean you suggust trading every pair ?
  • #433
  • Oct 23, 2014 9:22pm Oct 23, 2014 9:22pm
Quoting zalbu
great job guys. development looks good
With everyone's help and contributions this has developed into a great little strategy - its quiet fundamental and self-governing in a lot of ways.
  • #434
  • Oct 23, 2014 9:54pm Oct 23, 2014 9:54pm
AU (MWRG) & GU (MWRR) online and looking ok... all other major that I see are No Trade
  • #435
  • Oct 23, 2014 10:20pm Oct 23, 2014 10:20pm
Quoting griffinssoul
AU (MWRG) & GU (MWRR) online and looking ok... all other major that I see are No Trade
today i only have my GU is pending sell stop other i see no trade pending
is AU have a pending order ?
  • #436
  • Edited 10:42pm Oct 23, 2014 10:27pm | Edited 10:42pm
Quoting cavenlee92
{quote} today i only have my GU is pending sell stop other i see no trade pending is AU have a pending order ?
AU is a MWRG trade which implies it is far from entry... it may trigger later in the LO?

EDT: actually all the opens look very close... (see chart, 1D TF)
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  • #437
  • Oct 23, 2014 10:47pm Oct 23, 2014 10:47pm
Quoting cavenlee92
{quote} ok! so you mean you suggust trading every pair ?
All the majors as they have minimal spreads... but there is not much on offer at the moment...
  • #438
  • Oct 26, 2014 8:23am Oct 26, 2014 8:23am
Hi Traders, just a quick update... recently got MT4 and started investigating Custom indi's, Scripts, EA's etc. I have now developed a simple indi that I will be using to quickly assess a trade. A big thanks to Mr Bilal Haider (https://www.youtube.com/user/MQLprogrammingtuts/) for making available his wonderful lessons on MQL4 programming and the MQL4 forum. I also hope to make a script (I think or EA?) to quickly drop in an order should the indi give a positive signal and all looks good. This would save a lot of time, time you can free up for analysis etc. [I also wanted the indi to tell me if this was the 2nd, 3rd etc trade. Also, a moving probability of success from previous trades etc. The pips from the trigger value relative to the ATR value etc.]. Some other things come to mind like having an array of different SL strategies etc. Cool! Side note; happy to upload this for further development and testing but I'm not sure if that is permitted?

See chart example ...
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  • #439
  • Oct 27, 2014 7:38am Oct 27, 2014 7:38am
great contribution. you can share here so many will test it

zalbu
  • #440
  • Oct 27, 2014 8:45am Oct 27, 2014 8:45am
Quoting zalbu
great contribution. you can share here so many will test it zalbu
Thanks zalbu. I'm wanting permission from Swilliam's [thread leader] before uploading as there is already an indi on page [1]. However, the indi on page [1] is commercial (I believe), cannot be altered and does not fully meet our needs. So there may be good motivation for developing our own.

If I receive permission perhaps it can be uploaded to page[1] - I'm not sure about the protocol here.
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