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  • #4,041
  • Feb 19, 2015 12:18pm Feb 19, 2015 12:18pm
Quoting clivepackham
{quote} Hi Dee50 Very very nice. I noticed you've been on the Harenko charts recently on Jacquatemates thread. Have you tried using the TTindy on your Harenko charts?? I've often thought its the perfect combination but always end up back with my old familiar 1 min charts. However it does make sense to use them as price can only go up or down, we don't need time in the equation really, do we???? Whats your thoughts????
Hi clive. Changing over to Renkos has completely changed my trading, all the knowledge I have gained over the years still applies but removing the excess noise from the 1 minute chart (3 pip renko) has made it much easier to see the swing points which in turn has got rid of my itchy finger which kept closing my positions too early. It has taken a little effort to get used to not having a time element but that would not affect your method as you have the alerts in built into the TT indy.
As you saw from my charts I have tried out the TT indy and I am really impressed, I have not traded with it off the Renkos, but I will, I tried to manage the trades off the 1 minute as you do but after using the Renkos I got a bit freaked at all the extra noise so I changed to a 5 minute which made it much easier to follow the PA.

Do we need the time element in trading? Time is something that we use to manage our lives, infact it is probably the 1 main controlling element in all our lives, we organise our lives according to time. For years we have traded according to time, but ask your self "what elements of time are important in trading" we need to know when the market opens and closes, we need to know the time of fundamental news releases, to some degree we need to know when it is lunch time or Tea time (London morning Tea), have I missed any important elements that have a direct effect on PA? If there was only 1 time frame for trading then yes it would be important that we all followed the same time, but the reality is that we all trade different times, 1min 5min 2min 3 min 10 min 1hr 4 hr Daily etc etc, so how important is time in trading? When we analyse a chart do we concentrate on Time or Price?
Cut your Losers short and let your Winners run.
  • #4,042
  • Feb 19, 2015 12:25pm Feb 19, 2015 12:25pm
Quoting geanies101
Dave football and trading, Multi tasking I thought it was only females that could do that. Diamonddbw. Would your ea have the ability to take screen shots 5 min apart,if it can I would be grateful if you would share it. Thanks
++++++++++++++++++++++++++++++++
++++++++++++++++++++++++++++++++

I'd be happy to share the EA. It's called "Trade Manager 2.0". It only takes Screen Shots when you open trade and when EA closes trade. If you close the trade on your own, or move the SL or TP, no SS is taken. However it will take a new SS if you open EA properties and close them. The developers are no longer in business to the best of my knowledge. It works just fine on current MT4. It's quite complicated but comes with pdf & 30min video on how to use it.

• Has 5 TP levels.
• Each TP level can be in either lot size or % of equity.
• Has 5 level settings to trail SL. All are minimum of +1. About the only thing this EA can't do, is to set negative stops.
• Has two Trail Stop adjustments. (May be able to do negative trail here, just never tried it.)
• One setting only for original SL, so no scaling out in negative.
• Since it is an EA, none of these features work if you open another profile or go offline. However, it does come with a "Power Out Stop", which covers the situation in which your chart is not open, or MT4 is closed.
• There is a "Slippage" setting which defaults to 10. Not cool, so I reset it to 2.
• Also has settings for pop up & sound alerts. Send email. Take SShots. Show comments. Show Balance.

I'd be happy to send the EA to anyone that wants it. With the video it is 258mb, so the best way for me would be Skype. I guess just pm me if you're interested.
  • #4,043
  • Feb 19, 2015 12:39pm Feb 19, 2015 12:39pm
Quoting dee50
{quote} Hi clive. Changing over to Renkos has completely changed my trading, all the knowledge I have gained over the years still applies but removing the excess noise from the 1 minute chart (3 pip renko) has made it much easier to see the swing points which in turn has got rid of my itchy finger which kept closing my positions too early. It has taken a little effort to get used to not having a time element but that would not affect your method as you have the alerts in built into the TT indy. As you saw from my charts I have tried out the TT indy...
Dee50

Welcome, you're a class act and I'll be interested to read your contributions.
  • #4,044
  • Feb 19, 2015 12:44pm Feb 19, 2015 12:44pm
Wow if dee has joined this thread I know we're onto a good thing.
  • #4,045
  • Feb 19, 2015 1:29pm Feb 19, 2015 1:29pm
GBPCAD +31. I was not planning on any more trades today but I opened the TT indy and GBPCAD was equal top so I quickly fired up a Renko chart and had a go, it helped that there was divergence just under the BRN and a TL break for the entry nice and early into the move, just how I like it, and a pullback to the 100, lots of confirmation. A quick move to B/E +2 got rid of the nerves but then price came back and I thought "Oh well", kissed my sl and went away leaving me to continue on, what a tease!. A 123 formed which gave me a measured move for TP, confluence at the BRN and 161.8% ext was the obvious, although a little lower was the 200% Ext which was just above the Daily open, another confluence zone. I chickened out and pick the first confluence.

I am definitely going to spend some more time with this TTindy, I was reluctant before because I have been a loyal 1 pair man for years (EU) but the children have grown up and now it is time to experiment.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCAD +31 190215.png Size: 45 KB
Cut your Losers short and let your Winners run.
  • #4,046
  • Feb 19, 2015 1:44pm Feb 19, 2015 1:44pm
Hi Dee !
1 pair gag - your sense of humour landed right on target !
Welcome.

Steve
Work to Live, don't Live to Work.
  • #4,047
  • Feb 19, 2015 2:17pm Feb 19, 2015 2:17pm
Quoting dee50
GBPCAD +31. I was not planning on any more trades today but I opened the TT indy and GBPCAD was equal top so I quickly fired up a Renko chart and had a go, it helped that there was divergence just under the BRN and a TL break for the entry nice and early into the move, just how I like it, and a pullback to the 100, lots of confirmation. A quick move to B/E +2 got rid of the nerves but then price came back and I thought "Oh well", kissed my sl and went away leaving me to continue on, what a tease!. A 123 formed which gave me a measured move for TP,...

Hi Dee50

Great to have you on board I'm sure you can only add value to the strategy. I'm particularly keen to move to Harenko charts with this method especially as it highlights the ABCD moves so clearly. What settings are you using???

Heres the current top of the TTindy GBPCAD Harenko chart looking very tradable. just look at that level I've marked (red horizontal line) gets a reaction and the CCI signals give a leading signal that the Harenko bars are just about to change colour.

Attached Image (click to enlarge)
Click to Enlarge Name: renko.PNG Size: 79 KB


Yep You've really roused my interest in combining TTindy and Harenko charts, I really feel I've got to stick with it a bit and try it out. One good thing is you have to have a 1 minute running for the RenkoLiveChart v3.4 to sit on so I can always reference back to the 1 minute if I need to. Best thing about Harenko is it cures my exit dilemma too. How do you decide on exits???

Yep I'm gonna give it a go tomoz....
Feel the Fear and do it anyway!!!
  • #4,048
  • Feb 19, 2015 2:24pm Feb 19, 2015 2:24pm
I know GBPCHF was top of my TTindy this morning and heres the Harenko chart to go with it, mighty impressive if this is what we can expect from the combination....
Attached Image (click to enlarge)
Click to Enlarge Name: GBPCHFM2.png Size: 68 KB
Feel the Fear and do it anyway!!!
  • #4,049
  • Feb 19, 2015 3:05pm Feb 19, 2015 3:05pm
Evening Clive, yes - interest more than sparked here too. Trending markets are needed for the Henko, and TTindy seems to give us the edge.
Ever thought about a live webinar where we can all join in for a couple of hours and really tighten up the think-tanks collective knowledge ?
Happy to look into it, but don't want to overstep the mark !
Cheers to all.
Steve
Work to Live, don't Live to Work.
  • #4,050
  • Feb 19, 2015 5:02pm Feb 19, 2015 5:02pm
Hi Diamonddbw
Thank you for the reply, dee50 guided me to what I required.
Wouldn't mind a look at your trade manager though.
pm on the way
  • #4,051
  • Feb 19, 2015 6:48pm Feb 19, 2015 6:48pm
Quoting TheMachine
Evening Clive, yes - interest more than sparked here too. Trending markets are needed for the Henko, and TTindy seems to give us the edge. Ever thought about a live webinar where we can all join in for a couple of hours and really tighten up the think-tanks collective knowledge ? Happy to look into it, but don't want to overstep the mark ! Cheers to all. Steve
HiI did some live webinar for a while but it messed with my head a bit found myself being side tracked quite a bit but I'm thinking about giving it another go sometime soon. Just a matter of car in out a bit of time to do them.Will give it some thought...
Feel the Fear and do it anyway!!!
  • #4,052
  • Feb 19, 2015 9:49pm Feb 19, 2015 9:49pm
Quoting dee50
GBPCAD +31. I was not planning on any more trades today but I opened the TT indy and GBPCAD was equal top so I quickly fired up a Renko chart and had a go, it helped that there was divergence just under the BRN and a TL break for the entry nice and early into the move, just how I like it, and a pullback to the 100, lots of confirmation. A quick move to B/E +2 got rid of the nerves but then price came back and I thought "Oh well", kissed my sl and went away leaving me to continue on, what a tease!. A 123 formed which gave me a measured move for TP,...
Hi dee

Not sure how much you have read the thread. Almost as important as gbpcad at the top of the TT is that on your screenshot cad has 5 of 8, so it was strength across the board.
  • #4,053
  • Feb 20, 2015 2:04am Feb 20, 2015 2:04am
In euraud sell 1.4523, at the time no 1 on TT with gbpaud 2nd and aud featuring strongly across the board. Will post charts if plays out with move below 1.45.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFM1.png Size: 17 KB
  • #4,054
  • Feb 20, 2015 2:23am Feb 20, 2015 2:23am
Quoting Vantage
In euraud sell 1.4523, at the time no 1 on TT with gbpaud 2nd and aud featuring strongly across the board. Will post charts if plays out with move below 1.45. {image}
Have two sells now. EURAUD and GBPAUD still top 2 on TT. EURNZD and GBPNZD now joined the party (no idea why theres a correlation with nzd and aud but moves seem to be good when they do) and theres other eur weakness around.
  • #4,055
  • Feb 20, 2015 2:32am Feb 20, 2015 2:32am
Did some of Daryll's housekeeping and now my platforms not working. Knew us men shouldn't be doing housekeeping,like I keep telling Claire, men are just not built that way....
Feel the Fear and do it anyway!!!
  • #4,056
  • Feb 20, 2015 2:37am Feb 20, 2015 2:37am
Quoting Vantage
{quote} Have two sells now. EURAUD and GBPAUD still top 2 on TT. EURNZD and GBPNZD now joined the party (no idea why theres a correlation with nzd and aud but moves seem to be good when they do) and theres other eur weakness around.
Exited +58. The 2nd TT screenshot shows how the eur was getting weaker against other pairs and aud stayed strong (against gbp and eur).
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURCHFM1 2.png Size: 17 KB
Click to Enlarge Name: EURAUDM1.png Size: 35 KB
  • #4,057
  • Feb 20, 2015 2:39am Feb 20, 2015 2:39am
Quoting Vantage
{quote} Exited +58. The 2nd TT screenshot shows how the eur was getting weaker against other pairs and aud stayed strong (against gbp and eur). {image} {image}
Great trade...and your mornings works done....
Feel the Fear and do it anyway!!!
  • #4,058
  • Feb 20, 2015 2:59am Feb 20, 2015 2:59am
Quoting clivepackham
{quote} Great trade...and your mornings works done....
Hi Clive

Might well be now. I also had platform slow down dramatically and was deleting about 15 templates no longer used and missed the gbp weakness across the board. Showing the TT as its a great example of how pairs get in a flow (compare with the previous 2 I posted this morning), gbp in and eur out (to an extent moving lower) and that opportunities can follow into other pairs. In this case moving away from eur to selling gbp. You know I'm a pain on the subject but the gbp weakness across the board cannot be ignored.

Oh yes final point yet again its the usual suspects coming to the top.
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFM1.png Size: 17 KB
  • #4,059
  • Feb 20, 2015 3:04am Feb 20, 2015 3:04am
Morning guys. I missed the AUD trades this morning. I saw the AUD strength all over the TT but it moved off without me. I got this on GBPJPY. 4xGBPs and 3xJPY on the TT. Break and retest of S1.
Attached Image

Attached Image (click to enlarge)
Click to Enlarge Name: 20-02-2015 08-56-55.png Size: 31 KB
  • #4,060
  • Feb 20, 2015 3:33am Feb 20, 2015 3:33am
Quoting captainforex
Morning guys. I missed the AUD trades this morning. I saw the AUD strength all over the TT but it moved off without me. I got this on GBPJPY. 4xGBPs and 3xJPY on the TT. Break and retest of S1. {image} {image}
Love it, nice one.
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