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The power of range bars

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  • #641
  • Nov 25, 2014 9:33am Nov 25, 2014 9:33am
2 trades on U.S. news, always found it interesting that good news is just as likley to have a negative effect on USD as postive one its only currency that happens on.
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  • #642
  • Nov 25, 2014 10:13am Nov 25, 2014 10:13am
Quoting rockypoint
2 trades on U.S. news, always found it interesting that good news is just as likley to have a negative effect on USD as postive one its only currency that happens on. {image} {image}
Lol... I remember at one point thinking I could devise a system based on the news outcome in relation to the forecast. Then I realized I had absolutely no idea what was going to happen.
Small disciplines repeated with consistency lead to great achievements.
  • #643
  • Nov 25, 2014 10:25am Nov 25, 2014 10:25am
Plus brokers screw news traders by making spreads huge at announcement time
  • #644
  • Nov 25, 2014 1:23pm Nov 25, 2014 1:23pm
Quoting rockypoint
Plus brokers screw news traders by making spreads huge at announcement time
Interestingly enough, this doesn't happen on their futures counterparts.
Small disciplines repeated with consistency lead to great achievements.
  • #645
  • Nov 25, 2014 1:49pm Nov 25, 2014 1:49pm
why i traded future today but might not have mattered since it took awhile for news to kick in.
  • #646
  • Nov 26, 2014 4:28am Nov 26, 2014 4:28am
Volatility instruments like cl are better readable with 3 pip range bars chart than my usual 2 pip chart

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First rule is not to lose. Second rule is not to forget the first rule...
  • #647
  • Nov 26, 2014 4:49am Nov 26, 2014 4:49am
Guys help me plz.. i put the indicator in MQl map and restart after MT4 after i put the intdicator on cheart and my mt4 crash!!!
  • #648
  • Nov 26, 2014 4:51am Nov 26, 2014 4:51am
Quoting maxtill
Guys help me plz.. i put the indicator in MQl map and restart after MT4 after i put the intdicator on cheart and my mt4 crash!!!
Hi, what indicator are you using? Try to follow the instructions on the first post of the thread.
First rule is not to lose. Second rule is not to forget the first rule...
  • #649
  • Edited 7:48am Nov 26, 2014 7:25am | Edited 7:48am
Quoting thefxpros
Volatility instruments like cl are better readable with 3 pip range bars chart than my usual 2 pip chart {image}
I've had a love/hate relationships with oil... have made a lot of money very fast, but have also lost a lot of money very fast. Same thing with gold. I've found the usual slow, but methodical movement of the Euro the best suited for me.

Nice trade, btw - that was pretty.

I've got a busy day as I prep for a vacation - last trading day this week for me. Just a couple trades.
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Small disciplines repeated with consistency lead to great achievements.
  • #650
  • Nov 26, 2014 10:06am Nov 26, 2014 10:06am
Quoting maxtill
Guys help me plz.. i put the indicator in MQl map and restart after MT4 after i put the intdicator on cheart and my mt4 crash!!!
range bar.ex4 is a script.not an .indi copy paste on experts-scripts folder.before
then drop it on 1 minute chart. open cnew chart offline.
if i understand correctly.
  • #651
  • Nov 26, 2014 10:10am Nov 26, 2014 10:10am
Quoting maxtill
Guys help me plz.. i put the indicator in MQl map and restart after MT4 after i put the intdicator on cheart and my mt4 crash!!!
Either see the first post or this post: http://www.forexfactory.com/showthre...98#post7849098
Both explain how to make it happen.
Small disciplines repeated with consistency lead to great achievements.
  • #652
  • Nov 26, 2014 11:57am Nov 26, 2014 11:57am
Fxpros I trade oil with 5 pip range bars otherwise its too jumpy looking usually. I also trade Qm instead of Cl because its movments tend to be a little slower and
now I get whipsawed out of a trade a lot less. Other benefit is the margin is only 2117 per contract. Payout is 12.50 for every .025 as opposed to Cl which is
$10 for every .01.
One trade on the USD today
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  • #653
  • Nov 27, 2014 4:34am Nov 27, 2014 4:34am
Quoting maxtill
Guys help me plz.. i put the indicator in MQl map and restart after MT4 after i put the intdicator on cheart and my mt4 crash!!!
I downloa from first pacege ind. Range bars EA nmc mirror.mq4
And dont know what to do.. I tried on 2 PC. the same result. After a put the ind. on MT4, Mt4 crash.
  • #654
  • Nov 27, 2014 6:42am Nov 27, 2014 6:42am
Quoting maxtill
{quote} I downloa from first pacege ind. Range bars EA nmc mirror.mq4 And dont know what to do.. I tried on 2 PC. the same result. After a put the ind. on MT4, Mt4 crash.

This is not an indicator, this is an expert advisor and you need to put it into MQL/Experts folder, then restart the platform and follow this step by step video

http://www.forexfactory.com/showthre...02#post7790302
First rule is not to lose. Second rule is not to forget the first rule...
  • #655
  • Nov 27, 2014 11:26am Nov 27, 2014 11:26am
Someone asked for my ma settings here you go.
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  • #656
  • Dec 1, 2014 6:07am Dec 1, 2014 6:07am
Trying new instrument today: dollar index, it is a bit slower than american indices. Buy trade with divergence. Waiting for tp.

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First rule is not to lose. Second rule is not to forget the first rule...
  • #657
  • Dec 1, 2014 8:35am Dec 1, 2014 8:35am
1 Trade today short on cotton, trade still open, 43 ticks profit locked in.
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  • #658
  • Dec 1, 2014 12:10pm Dec 1, 2014 12:10pm
Two trades for me this morning. Got a late start as I'm feeling pretty poor -
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Small disciplines repeated with consistency lead to great achievements.
  • #659
  • Dec 2, 2014 7:41am Dec 2, 2014 7:41am
Could it be simpler than this? A 7 minute long trade, 12 tick profit on dow jones

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First rule is not to lose. Second rule is not to forget the first rule...
  • #660
  • Dec 2, 2014 9:30am Dec 2, 2014 9:30am
Quoting thefxpros
Could it be simpler than this? A 7 minute long trade, 12 tick profit on dow jones {image}
I don't think much simpler.

My trade took 14 minutes... EU is moving like a slug this morning.
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Small disciplines repeated with consistency lead to great achievements.
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