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The power of range bars

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  • #581
  • Nov 14, 2014 1:40am Nov 14, 2014 1:40am
Quoting isko
{quote} usually its 2:1 profit to loss ratio. {image} isko
Thank you for your reply.
  • #582
  • Nov 14, 2014 7:45am Nov 14, 2014 7:45am
Trade 1: Reversal, micro double tap at support; quick target, red news approaching
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Trade 2: Pullback to broken support
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Trade 3: Micro-three drives reversal at new lows on the day.
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Small disciplines repeated with consistency lead to great achievements.
  • #583
  • Nov 14, 2014 1:05pm Nov 14, 2014 1:05pm
Had a couple more trades after arriving at my office:

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Small disciplines repeated with consistency lead to great achievements.
  • #584
  • Nov 14, 2014 5:30pm Nov 14, 2014 5:30pm
Does anyone have the source (mql4) code for the range bar indicator? It functions a lot better than the expert advisor version; wanted to modify it to be gapped instead of no-gap.
Small disciplines repeated with consistency lead to great achievements.
  • #585
  • Nov 15, 2014 6:20am Nov 15, 2014 6:20am
Quoting jmflukeiii
Does anyone have the source (mql4) code for the range bar indicator? It functions a lot better than the expert advisor version; wanted to modify it to be gapped instead of no-gap.
Wich indicator are you talking about? If you indicate me, maybe i could get the mq4.

Stay well.
  • #586
  • Nov 17, 2014 7:34am Nov 17, 2014 7:34am
Quoting Demos4x
{quote} Wich indicator are you talking about? If you indicate me, maybe i could get the mq4. Stay well.
First post of this thread. There are both indicator and EA versions of the range bar builder. I would like the source code for the indicator version.
Small disciplines repeated with consistency lead to great achievements.
  • #587
  • Nov 17, 2014 8:58am Nov 17, 2014 8:58am
Not the best reads this morning, but doing the same thing as usually, and will stop at my goal. Short at resistance or support turned resistance; vice versa for longs.

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Small disciplines repeated with consistency lead to great achievements.
  • #588
  • Nov 17, 2014 9:38am Nov 17, 2014 9:38am
Really not much going on, lack the patience to trade today 1 short on wheat so made a few bucks anyway. If I sit aa nd watch today I'll just give it back on
trading to trade lack of discipline.
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  • #589
  • Nov 17, 2014 9:59am Nov 17, 2014 9:59am
Quoting jmflukeiii
{quote} First post of this thread. There are both indicator and EA versions of the range bar builder. I would like the source code for the indicator version.
Here you go.
Attached File(s)
File Type: mq4 Range bar chart.mq4   12 KB | 665 downloads
  • #590
  • Nov 17, 2014 10:53am Nov 17, 2014 10:53am
Quoting rockypoint
Really not much going on, lack the patience to trade today 1 short on wheat so made a few bucks anyway. If I sit aa nd watch today I'll just give it back on trading to trade lack of discipline. {image}
Agreed - one of the most valuable lessons I think is learning to walk away. I still struggle with it.
Small disciplines repeated with consistency lead to great achievements.
  • #591
  • Nov 17, 2014 10:53am Nov 17, 2014 10:53am
Quoting Demos4x
{quote} Here you go. {file}
Hey great, thank you -

LOL...now I just need to figure out what to do with it...
Small disciplines repeated with consistency lead to great achievements.
  • #592
  • Nov 17, 2014 11:14am Nov 17, 2014 11:14am
Amazing that the market refuses to do what I tell it, damn communists
  • #593
  • Nov 17, 2014 12:50pm Nov 17, 2014 12:50pm
Quoting rockypoint
Amazing that the market refuses to do what I tell it, damn communists
ahahahahaha....nice.
First rule is not to lose. Second rule is not to forget the first rule...
  • #594
  • Edited 4:55am Nov 18, 2014 3:23am | Edited 4:55am
Taking off the supply zone.
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EDIT: finished
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  • #595
  • Nov 18, 2014 7:34am Nov 18, 2014 7:34am
Quoting Halley
Taking off the supply zone. {image} EDIT: finished {image}
Demand zone perhaps?
Small disciplines repeated with consistency lead to great achievements.
  • #596
  • Nov 18, 2014 7:57am Nov 18, 2014 7:57am
1 and done again today
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  • #597
  • Nov 18, 2014 8:03am Nov 18, 2014 8:03am
Nice trading rocky, your patience for the squeeze & break trades is amazing.

I had to take 2 trades to be done today, twice as many as you!

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Small disciplines repeated with consistency lead to great achievements.
  • #598
  • Nov 18, 2014 8:43am Nov 18, 2014 8:43am
Thank you Jmflukeiii, patience comes and goes I think you know already success trading comes from discipline and money/risk management without that it doesn't matter how good your trading systems are you will fail.

what helps me be patient is I don't watch charts, I have alerts set up for divergences and squeezes so I try to look only when the bells are ringing. Though of course that doesn't stop fro becoming a raging maniac once in a while.
  • #599
  • Nov 19, 2014 8:04am Nov 19, 2014 8:04am
3 trades today on euro pairs, up all night couldn't fall asleep so traded and played poker. I'm posting 1 closed trade other 2 are open I'll post when they close.
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  • #600
  • Nov 19, 2014 8:08am Nov 19, 2014 8:08am
that didn't take long, just closed 2nd trade
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