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As simple as possible: 00 level trading

  • #27,261
  • Mar 10, 2015 5:11am Mar 10, 2015 5:11am
its so easy or i miss something?

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  • #27,262
  • Mar 10, 2015 5:12am Mar 10, 2015 5:12am
Eureka!
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  • #27,263
  • Mar 10, 2015 5:12am Mar 10, 2015 5:12am
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  • #27,264
  • Mar 10, 2015 5:34am Mar 10, 2015 5:34am
Quoting dimdel
its so easy or i miss something? {image}

focus on the 4 pairs only..

EURUSD, GBPUSD, EURJPY,GBPJPY

Udine
Sleep less, live fast, as it aint gonna last
  • #27,265
  • Mar 10, 2015 5:35am Mar 10, 2015 5:35am
Quoting dforant1
Eureka! {image}



Udine
Sleep less, live fast, as it aint gonna last
  • #27,266
  • Mar 10, 2015 5:37am Mar 10, 2015 5:37am
Udine... from what i see, the M-Candles_sw indicator is just a substitute for AnyCandle, right?

Asmodai
  • #27,267
  • Mar 10, 2015 5:44am Mar 10, 2015 5:44am
Quoting Udine
{quote} focus on the 4 pairs only.. EURUSD, GBPUSD, EURJPY,GBPJPY Udine

ok thanks

we look the DI/HI candle that are in formating way ( we dont look the closed D1/H1 candle )
is that correct?
  • #27,268
  • Mar 10, 2015 6:04am Mar 10, 2015 6:04am
Quoting Asmodai
Udine... from what i see, the M-Candles_sw indicator is just a substitute for AnyCandle, right? Asmodai

yes

Udine
Sleep less, live fast, as it aint gonna last
  • #27,269
  • Mar 10, 2015 6:05am Mar 10, 2015 6:05am
Quoting dimdel
{quote} ok thanks we look the DI/HI candle that are in formating way ( we dont look the closed D1/H1 candle ) is that correct?

yes

Udine
Sleep less, live fast, as it aint gonna last
  • #27,270
  • Edited 7:11am Mar 10, 2015 6:32am | Edited 7:11am
Quoting diallist
{quote} 3. And the main reason is... the slope value was negative instead of positive and it was not above 0.8. The slope has to be above 0.8 for long, and below -0.8 for short. The slope went above 0.8 in the the third hour of London so your entry was about two hours early. #3 above.
Can you tell me, what is the preferred TF for the slope?

With regards,
SP
  • #27,271
  • Mar 10, 2015 7:37am Mar 10, 2015 7:37am
Quoting SuperPip
{quote} Can you tell me, what is the preferred TF for the slope indi?With regards,SP
Well, I was using H1 as that seemed most preferred by others here. But last night I compared all the slope indicators against the ASH indicator that Udine has recommended all along. As a result of that comparison, I've deleted all the slope indicators from my charts and kept the ASH, overlaying it on the McandleSW indicator that Udine posted a few posts back.
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,272
  • Mar 10, 2015 7:37am Mar 10, 2015 7:37am
Today e.g. EJ two entries and still falling...
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  • #27,273
  • Mar 10, 2015 8:24am Mar 10, 2015 8:24am
Quoting diallist
{quote} Well, I was using H1 as that seemed most preferred by others here. But last night I compared all the slope indicators against the ASH indicator that Udine has recommended all along. As a result of that comparison, I've deleted all the slope indicators from my charts and kept the ASH, overlaying it on the McandleSW indicator that Udine posted a few posts back.

Friends excuse me where I find this ASH indicator?

grateful
  • #27,274
  • Mar 10, 2015 8:32am Mar 10, 2015 8:32am
Quoting Robinho
{quote} Friends excuse me where I find this ASH indicator? grateful

ASH = Absolute Strength Histogram, you can search via the paperclip (but I see it is posted on post #23,621)
  • #27,275
  • Mar 10, 2015 8:37am Mar 10, 2015 8:37am
Quoting Robinho
{quote} Friends excuse me where I find this ASH indicator? grateful

paprerclip upper right corner

AbsoluteStrengthHistogram

Udine
Sleep less, live fast, as it aint gonna last
  • #27,276
  • Mar 10, 2015 8:40am Mar 10, 2015 8:40am
Quoting pgpb
{quote} ASH = Absolute Strength Histogram, you can search via the paperclip (but I see it is posted on post #23,621)
Thank you ... I am Brazilian ... so please, Petropolis, Rio de Janeiro - Brazil. They can come here home ... I'll be waiting friends.

thank you very much
  • #27,277
  • Mar 10, 2015 8:57am Mar 10, 2015 8:57am
Quoting pgpb
{quote} ASH = Absolute Strength Histogram, you can search via the paperclip (but I see it is posted on post #23,621)

sorry, did not notice your post

Udine
Sleep less, live fast, as it aint gonna last
  • #27,278
  • Mar 10, 2015 9:22am Mar 10, 2015 9:22am
Quoting Robinho
{quote} Thank you ... I am Brazilian ... so please, Petropolis, Rio de Janeiro - Brazil. They can come here home ... I'll be waiting friends. thank you very much
Oh! You're just north of Guanabara bay! If I ever come to Rio, perhaps you can show me around?

AbsoluteStrengthHisto2.mq4
will give you the colored blocks

AbsoluteStrengthHisto.mq4 (without the 2)
will show you the wavy lines

I like to use both.
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,279
  • Mar 10, 2015 9:27am Mar 10, 2015 9:27am
Quoting diallist
{quote} Oh! You're just north of Guanabara bay! If I ever come to Rio, perhaps you can show me around? AbsoluteStrengthHisto2.mq4 will give you the colored blocks AbsoluteStrengthHisto.mq4 (without the 2) will show you the wavy lines I like to use both.
72 km from the capital ... Copacabana ... I live in the Sierra
  • #27,280
  • Mar 10, 2015 10:08am Mar 10, 2015 10:08am
Quoting Vlad13685
{quote} Just a thought on this... With this strategy we want to avoid losses, as it takes 2 wins to make each loss up. We are targeting 10 pip... but this ultimately translates into % profit - so we are targeting 2% a day. Would it not make sense to risk 4% to gain 2%, and get you target for the day done in 1 trade, without having to risk a 2nd trade to reach your goal? Vlad
This is a great idea, you can do some tests in history and look at what hour happens the most number of successful trades, selecting the time for two successive trades in case the first touches the stop loss, let us know if you combine something
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