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EA to manage DOTS method trades

  • #41
  • Mar 5, 2015 5:57am Mar 5, 2015 5:57am
Quoting Landline
{quote} Hi CS I'm glad you find the concept interesting, most people do not ! lol In answer to your question, I have no plans to start a thread at this moment in time, that could change I guess in the event more and more became "interested", and similarly, I have no plans to rain on Nods parade here either by invading his thread with my stuff. Having said that, take a look at the above chart, or create your own template (more details are contained in my posts on TMS to help guide you) both charts are two variations along a similar theme that I use,...
Hey Buddy. my 2 cents. Collect some data to prove your theory, start a thread and see what happens. I think you will be surprised. from what I can see you system has merit despite the fact it's unconventional.
Intelligence is the ability to adapt to change. Stephen Hawking
  • #42
  • Mar 5, 2015 5:59am Mar 5, 2015 5:59am
Did any one try the hidden pending EA I posted? it seems to do the job but I think I need help with the settings?
Intelligence is the ability to adapt to change. Stephen Hawking
  • #43
  • Mar 5, 2015 7:24am Mar 5, 2015 7:24am
Quoting nods80
{quote} Hey Buddy. my 2 cents. Collect some data to prove your theory, start a thread and see what happens. I think you will be surprised. from what I can see you system has merit despite the fact it's unconventional.
Hi Nods

I applaud anyone who has the commitment to start a thread, I know it must be time consuming, with no obvious incentive apart from sharing knowledge.

I may start a thread one day, but for now I'm too busy with other things, not least trading! However, should anyone need a nudge or a pointer in the right direction here, or anywhere else for that matter using the price lines concept instead of candles etc, then I'd be happy to help or guide if I can, with a thread owners permission of course.

Cheers LL
  • #44
  • Mar 8, 2015 2:01pm Mar 8, 2015 2:01pm
Quoting Landline
{quote} Hi Nods I applaud anyone who has the commitment to start a thread, I know it must be time consuming, with no obvious incentive apart from sharing knowledge. I may start a thread one day, but for now I'm too busy with other things, not least trading! However, should anyone need a nudge or a pointer in the right direction here, or anywhere else for that matter using the price lines concept instead of candles etc, then I'd be happy to help or guide if I can, with a thread owners permission of course. Cheers LL

I think Nods should open a DOTS thread .
Itīs not so much work to keep it clean of " fancy " indicators and filterings.
He Pmī me some results in a factsheed of a couple of days.
Every neccessary single detail was well discribed in it, i really think Nods is the right man !

Most threads destroy themself when people start adding indicators or violating the basic rules and nobody cleans their posts and confuses this way
the newbies.

In the DOTS , is not much space for " updating( confusing) " the parameters , because entries and exits are fix.
But itīs a little bit out of topic , here in this thread .
By the way Iīm demoing the Dots on a seperate demo account with nice results for the first weeks .
Have a nice sunday
Guido
Risiko birgt immer auch die Chance.
  • #45
  • Mar 9, 2015 4:56am Mar 9, 2015 4:56am
Quoting Sesamstrasse
{quote} I think Nods should open a DOTS thread . Its not so much work to keep it clean of " fancy " indicators and filterings. He Pm me some results in a factsheed of a couple of days. Every neccessary single detail was well discribed in it, i really think Nods is the right man ! Most threads destroy themself when people start adding indicators or violating the basic rules and nobody cleans their posts and confuses this way the newbies. In the DOTS , is not much space for " updating( confusing) " the parameters , because entries and exits are fix....
I don't use the DOTS method that you are referring to. I use price, in line form for my template (s) (see my charts), with one or two other straightforward indicators that I've mentioned in previous posts.

Therefore, my version of TMS (or TMSS - Trading made super simple, lol) differs from what you are talking about, and at present there are no threads that I'm aware of that apply my simple approach, and where I could join in discussion, and as I mentioned previously, I'm in no position to create and run a thread using my particular principles at this moment in time.

Good luck with your DOTS system btw....and yes, I think Nods would indeed do an excellent job in running that kind of thread too.
  • #46
  • May 30, 2015 12:22am May 30, 2015 12:22am
Hello Nods

I have this EA that is what you are looking for.
3 Target Profit exits
3 Stop loss targets
and you can tell it to cash out at each target a portion of your lots.

for example: I have three TP targets 1st TP I close 1/2 a lot and then close 1/4 lot at the 2 tp and the other 1/4 at the last TP.

Works very well.
Attached File(s)
File Type: ex4 SequentialExitsEA.ex4   11 KB | 511 downloads
  • #47
  • Last Post: Oct 12, 2015 3:30am Oct 12, 2015 3:30am
Hi everyone,

Believe everyone here are DOTS traders. have anyone of you thought of creating EA to assist your trading using DOTS?
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