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As simple as possible: 00 level trading

  • #27,141
  • Mar 6, 2015 6:15am Mar 6, 2015 6:15am
Quoting gigicualex
... With M5 setting the indicator seems to enter in a never ending loop, there is an alarm sound every 10 seconds and my platform freezes. At least in my case,,,
I just now checked.

The program takes a few minutes to load all M5 price data for 28 pairs(!), then working properly.
  • #27,142
  • Mar 6, 2015 6:49am Mar 6, 2015 6:49am
Quoting SwingMan
{quote} I dont know. In one-two weeks I will finish a DashBoard for the 00-levels system like this: http://www.forexfactory.com/showthre...09#post3285809 with some of the enumerated formulas. If anyone has interest, I could post this in forum.

Most traders on this forum would probably die to see sth like that.
You would also probably have to change your username to SuperMan
Wisdom begins in wonder
  • #27,143
  • Mar 6, 2015 7:19am Mar 6, 2015 7:19am
Quoting Robinho
Friends my results so far: For now ... 12 inputs and 12 wins. {image}
At what values do you take the trades?
  • #27,144
  • Mar 6, 2015 7:22am Mar 6, 2015 7:22am
Quoting SwingMan
{quote} I have modified the Slope Strength indicator, thus easier to choose the time frames (smSlopeStrengthUserTF). One problem I see in the calculation of the slope with the Tma (a smoothed moving average with period 21). I'm posting an indicator which calculates only the internal built-Tma (smFXStrength Tma) and one can see that in many cases the slope dont converge with the price action. Also an other Tma-indicator from web (Tma-Web). But, there are other better algorithms for the calculation of strengths... {file} {file} {file}
Thanks, I forgot to add lower TFs in the first modification and was going to post the fix, but you got there first!
  • #27,145
  • Mar 6, 2015 7:39am Mar 6, 2015 7:39am
Quoting ericjschroed
... Thanks, I forgot to add lower TFs in the first modification and was going to post the fix, but you got there first!
It's alright, happened to me constantly when I program.

What is still unclear for me is why the sum of two single pairs strengths is not the same with the values in the table. Check for example EURUSD.
This I have not checked in the code.
  • #27,146
  • Mar 6, 2015 7:40am Mar 6, 2015 7:40am
Quoting Asmodai
{quote} Was just looking at EJ with that MTF Ash at 30..... looks really good too Asmodai
Enjoy and get those pips. Works like a charm on EU...
  • #27,147
  • Mar 6, 2015 7:55am Mar 6, 2015 7:55am
Good afternoon friends

09 entries today
08 wins
01 defeat

profit 1.69%


I made a nonsense of changing the stop in a 20 pips operation for 40 pips and lost this entry. (WE CAN NOT CHANGE THE PLAN IN MIDWAY).

Profit of the week = 13.37%
  • #27,148
  • Mar 6, 2015 8:02am Mar 6, 2015 8:02am
Quoting Robinho
Good afternoon friends 09 entries today 08 wins 01 defeat profit 1.69% I made a nonsense of changing the stop in a 20 pips operation for 40 pips and lost this entry. (WE CAN NOT CHANGE THE PLAN IN MIDWAY). Profit of the week = 13.37%
Robinho.. Thanks for your contribution. So you keep 10 TP and 20 SL for all the trades generally?
  • #27,149
  • Mar 6, 2015 9:20am Mar 6, 2015 9:20am
Quoting dforant1
So far today. 3am est. didn't take my own rule LLLH failed, should have taken 12 pip gain., instead capital save kicked in at break even. 4am early reversal, -11 pips 8am another brain fart, red news 8:30 should been not trading, 2 pip gain after I caught it. -9 pips so far with 3 more chances. Way up on wk, no problem. {image}
Dforent

Many thanks for your posts, a very interesting read thank you. OK yesterday not so good, but I managed a few if I understand it correctly. There was a good trade later in the session. Today, definitely some good pips to be had.

Just a couple questions :So a close is the failure (for a short) of either a LL or LH, or does it have to be both?Does this also apply to the trigger candle ( I guess if it does 9/10 it would have been stopped except in a very slow market.

Thanks for the posts keep them up.

Cheers

Shimmy
  • #27,150
  • Mar 6, 2015 10:17am Mar 6, 2015 10:17am
FOR SWINGMAN

You do wonderful coding work and nice to see your name here on this busy forum.

I wondered if your sm TrioAvg Signals meter had been updated for build 600 and up use? It is an excellent tool that could be of use here especially for those of us just looking at a few pairs and attending to hour openings as Udine does.

The last meter I located was your v.6 but dated back several years.

I know you are busy, so thanks for any consideration.

Best regards, FS
  • #27,151
  • Mar 6, 2015 10:18am Mar 6, 2015 10:18am
Quoting SwingMan
{quote} I have modified the Slope Strength indicator, thus easier to choose the time frames (smSlopeStrengthUserTF). One problem I see in the calculation of the slope with the Tma (a smoothed moving average with period 21). I'm posting an indicator which calculates only the internal built-Tma (smFXStrength Tma) and one can see that in many cases the slope dont converge with the price action. Also an other Tma-indicator from web (Tma-Web). But, there are other better algorithms for the calculation of strengths... {file} {file} {file}
Hi SwingMan, first of all thank you for your contribution!

In your mod version of the Slope Strength indicator, beyond the easier way to choose tf have you also modified the calcTma() function to correct the error of occasional missing convergence between px and slope ?

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #27,152
  • Mar 6, 2015 10:19am Mar 6, 2015 10:19am
Quoting Shimmy
{quote} Dforent Many thanks for your posts, a very interesting read thank you.y

I strongly second Shimmy's hope you will continue to show the Dforent way.

Every success, FS
  • #27,153
  • Mar 6, 2015 10:21am Mar 6, 2015 10:21am
Quoting Robinho
Good afternoon friends Profit of the week = 13.37%

Robinho, warmest congratulations on your terrific work this week. You seem to have made it easy. Cheers.

FS
  • #27,154
  • Edited 12:15pm Mar 6, 2015 11:16am | Edited 12:15pm
Quoting Shimmy
{quote} Dforent Many thanks for your posts, a very interesting read thank you. OK yesterday not so good, but I managed a few if I understand it correctly. There was a good trade later in the session. Today, definitely some good pips to be had. Just a couple questions :So a close is the failure (for a short) of either a LL or LH, or does it have to be both?Does this also apply to the trigger candle ( I guess if it does 9/10 it would have been stopped except in a very slow market. Thanks for the posts keep them up. Cheers Shimmy
After 1st closed cdl a candle color change trumps the HHLL system I use. Up to the trader. The high in a short isn't a concern as my cavemanager indicator would take it out at even with opening of trade candle. Up to trader. The low and cdl color close counts for me. HHLL way will net some handsome returns as it runs wildly down/up. Not concerned with that type of take out winding up even as the big runs are plentiful and provably actual. I'm confident.

I sleep within 5 min of open ea H1 therefor I use the Capital Protection part of Cavemanager. Can't take the heat!! There are other ways of protecting capital.

If you traded correctly today your suffocating in aprox 150 pips. A 50 pip run and a 100 pip run with 1 break even. Your covered for 15 stop losses. I won't show many charts. Not here to interrupt this threads good work. However it brought me back to the horizontal line. I was trading just candle colors +/- day open line before. Won't wish you good luck, none is needed!
  • #27,155
  • Mar 6, 2015 11:19am Mar 6, 2015 11:19am
Quoting Forest-Sea
... I wondered if the "smTrioAvg Signals meter" had been updated for build 600 and up use? The last meter I located was your v.6 but dated back several years.
Sure is possible to update for you the indicator, but this is necessary only if it is not functioning (now we have Build 765...).
  • #27,156
  • Mar 6, 2015 11:26am Mar 6, 2015 11:26am
Quoting bubincka
...In your mod version of the Slope Strength indicator, beyond the easier way to choose tf have you also modified the calcTma() function to correct the error of occasional missing convergence between px and slope ?
No, because this is not necessary. This was only an observation on charts.

I think that if you trade M15 until H1, it is sufficient to trade long for long-arrows with green dots beside numbers for the lower TF, or short-arrows and red dots.
  • #27,157
  • Mar 6, 2015 1:54pm Mar 6, 2015 1:54pm
Quoting bluejack
{quote} Robinho.. Thanks for your contribution. So you keep 10 TP and 20 SL for all the trades generally?
No ... the vast majority ,,, put 20 pips Stop and 5.7 pips Tp (to pay the commission)

What I noticed during that time watching the strength indicators, is the Supreme Meter ie the Slope ... is that every day we have a currency that is more fortee and a currency that is weaker ... that's obvious !! !

But what is more important is that the weaker currency, remains long in the individual table 8 in force. See that on Wednesday CHF was the weakest currency, much of the time, on Thursday was NZD and again today and NZD EUR.

The currency is 1st in table, often changes ... but we have seen it in detrminado moment remains long.


I have used the Slope strength indicator to show that couples must work (using M30) and together, have used the Supreme Meter to the trigger.

see how was today much of the time:

Slope individual
AUD = 1
EUR = 8

Slope pair = red EURAUD

Supreme individual Meter
AUD = 1
EUR = 8

Supreme Meter pair = 28 (the weakest of the table with 28 pairs)

I'm sorry to all who know the technique of the indicators, but that's what happens in practice. waiting for the opportunity, we have every day a pair to win 20/30 or even 100 pips potential.

A big hug !!!
  • #27,158
  • Mar 6, 2015 2:16pm Mar 6, 2015 2:16pm
A question mostly for Swingman, or anyone else who knows the answer.

How do I get the attached "10.5 CurrencySlopeStrength1.0.7d" indicator to match up with your "smFxStrength TMA"?

I here is a screenshot of the default settings for "10.5 CurrencySlopeStrength1.0.7d"indicator

Thanks

PGPB
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (64).png Size: 146 KB
Attached File(s)
File Type: mq4 10.5 CurrencySlopeStrength1.0.7d.mq4   33 KB | 362 downloads
File Type: ex4 10.5 CurrencySlopeStrength1.0.7d.ex4   15 KB | 329 downloads
  • #27,159
  • Mar 6, 2015 2:26pm Mar 6, 2015 2:26pm
Quoting SwingMan
{quote} Sure is possible to update for you the indicator, but this is necessary only if it is not functioning (now we have Build 765...).

OK, sorry, it loaded as an .mq4. I thought it was an .ex4. Same with the Ultra Trix.

FS
  • #27,160
  • Mar 6, 2015 2:35pm Mar 6, 2015 2:35pm
Quoting LuXing
{quote} I am already using your Trix as an early warning indicator for Udines system, it performs quite well ;-) LuXing
LuXing -- which TRIX do you use? I just loaded the smUltraSuperTrix 4 col. SuperTrix preferable?

FS
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