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As simple as possible: 00 level trading

  • #27,521
  • Mar 12, 2015 6:14pm Mar 12, 2015 6:14pm
lol dial
I've put the AbsoluteStrenghtHisto and under it the new indi posted by Udine today(Price to open) and I get similar results triggers like him.
The problem is that I haven't managed to remove the white line(band) that separates the 2 indicators(which bothers my eyes)...maybe someone could help me with this issue
Attached Image (click to enlarge)
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  • #27,522
  • Mar 12, 2015 6:27pm Mar 12, 2015 6:27pm
Quoting gigicualex
lol dial I've put the AbsoluteStrenghtHisto and under it the new indi posted by Udine today(Price to open) and I get similar results triggers like him. The problem is that I haven't managed to remove the white line(band) that separates the 2 indicators(which bothers my eyes)...maybe someone could help me with this issue {image}
lol indeed! But you beat me to the punch with your asking LuXing first!

Thanks for your layout. I've got the following:
AbsoluteStrengthHisto2
#PriceToOpen (60)
#PriceToOpen (1440)

When all three CHANGE to green at end of 30m candle, go long... all three CHANGE to red, go short (providing all other rules complied with)

I don't think you can get rid of it, but you can change the color in MetaTrader Properties. Change the color of "Foreground" to another color.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,523
  • Mar 12, 2015 6:31pm Mar 12, 2015 6:31pm
Quoting pip-boss
Does anyone have a good lot size calculator indicator to share were the SL is in pips that equates to % risked of the equity? Wish everyone good trades tomorrow.
Share what I found.
Attached File(s)
File Type: mq4 lot size calc.mq4   2 KB | 406 downloads
File Type: ex4 Lot_Calculator_-_TFTC.ex4   2 KB | 383 downloads
File Type: mq4 PositionSizeCalculator.mq4   11 KB | 426 downloads
  • #27,524
  • Mar 12, 2015 7:05pm Mar 12, 2015 7:05pm
I can not see to find AbsoluteStrengthHisto2 indi in the paperclip, can some either repost it, or point me in the right direction?


thx

PGPB
  • #27,525
  • Mar 12, 2015 7:22pm Mar 12, 2015 7:22pm
Quoting pgpb
I can not see to find AbsoluteStrengthHisto2 indi in the paperclip, can some either repost it, or point me in the right direction? thx PGPB
#post23,621
  • #27,526
  • Mar 12, 2015 9:18pm Mar 12, 2015 9:18pm
Quoting Dobbsie
Another TS!! EJ to TS. Dobbsie BTW, does anyone know how I can get the entry arrow on my charts? I have the exit arrow but don't know how to add the entry arrow. Thanks! {image}
you should be able to goto "account history" click on the trade and drag it onto the relevant chart Q
Whats That? you're trading What?
  • #27,527
  • Mar 12, 2015 10:20pm Mar 12, 2015 10:20pm
Hi Udine and friends,

Here is the EJ M30 from this mornings Tokyo open.

The trade was validated at the close of the opening bar, I placed a pending order at 128.800, price then retraced over the 128.500 mark.

Question: Should I cancel my pending order at 128.800 and place a new pending order at 125.500?

If I had, I would have made target, if I'd left it at 128.800 I would have been stopped out.

Your thoughts please.

Rapid.
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  • #27,528
  • Edited Mar 13, 2015 12:23am Mar 12, 2015 11:46pm | Edited Mar 13, 2015 12:23am
Quoting rapidedward
Hi Udine and friends, Here is the EJ M30 from this mornings Tokyo open. The trade was validated at the close of the opening bar, I placed a pending order at 128.800, price then retraced over the 128.500 mark. Question: Should I cancel my pending order at 128.800 and place a new pending order at 125.500? If I had, I would have made target, if I'd left it at 128.800 I would have been stopped out. Your thoughts please. Rapid. {image}
No you should not. The rule is that you must take the FIRST 00/50 Crossing, which you correctly placed at 128.800.

It is not advisable to contemplate rule changes based on price movement within a single trade. Making the price change that you proposed could have just as easily resulted in a losing trade.

Remember that a trading systems edge is only manifested after a series of trades not an individual trade. Therefore any contemplated rule changes must be based on the analysis of a series of trades, and then tested rigorously in real time.

Besides, neither your chart price of 128.500, nor your text price of 125.500 goes between 128.900 & 128.800.

You chose the correct entry price. After that you would simply let the trade play out to its destined end.

Speaking for myself, if the trade had not triggered within 30 minutes I would have canceled the pending order and waited
for the next set up.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,529
  • Mar 12, 2015 11:50pm Mar 12, 2015 11:50pm
Quoting diallist
{quote} Thank you Bert! Who are you here, that is, your screenname?

His screenname is bertpost

Udine
Sleep less, live fast, as it aint gonna last
  • #27,530
  • Mar 12, 2015 11:52pm Mar 12, 2015 11:52pm
Quoting diallist
{quote} No you would not. The rule is that you must take the FIRST 00/50 Crossing, which you correctly placed at 128.800. It is not advisable to contemplate rule changes based on price movement within a single trade. Making the price change that you proposed could have just as easily resulted in a losing trade. Remember that a trading systems edge is only manifested after a series of trades not an individual trade. Therefore any contemplated rule changes must be based on the analysis of a series of trades, and then tested vigorously in real time....

Dial,

could not have said it better

Udine
Sleep less, live fast, as it aint gonna last
  • #27,531
  • Mar 12, 2015 11:56pm Mar 12, 2015 11:56pm
Quoting Udine
{quote} Dial, could not have said it better Udine
Thanks Ice Man!
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #27,532
  • Mar 13, 2015 1:02am Mar 13, 2015 1:02am
Hi Guys,

I just made this postmortem on a trade that hit my TS.

Please fell free to comment where I have gone wrong here...

Attached Image (click to enlarge)
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Cheers!
Life is like a snickers, its full of nuts!
  • #27,533
  • Mar 13, 2015 1:14am Mar 13, 2015 1:14am
Quoting firewight
Hi Guys, I just made this postmortem on a trade that hit my TS. Please fell free to comment where I have gone wrong here... {image} Cheers!
Hey firewight,

Nothing wrong with hitting TS, you did everything right from what I can see. I had 3 TS in a row yesterday... happens.

Just keep trading the edge and the odds will work out in your favour.

Vlad
  • #27,534
  • Mar 13, 2015 1:29am Mar 13, 2015 1:29am
thats excellent firewight , did you just do "screeen shots ' every few minutes?????
Whats That? you're trading What?
  • #27,535
  • Mar 13, 2015 1:36am Mar 13, 2015 1:36am
My series of trailing stops has come to an end!

GJ to TP

Vlad
Attached Image
  • #27,536
  • Mar 13, 2015 1:41am Mar 13, 2015 1:41am
Thanks for the feedback Dial and Udine, understood.

Rapid
  • #27,537
  • Mar 13, 2015 1:42am Mar 13, 2015 1:42am
Quoting Qed
thats excellent firewight , did you just do "screeen shots ' every few minutes?????
Hahah yes thats actually exactly what I did

Any time a noticeable change occurred I took a screen shot & pasted it in.
Life is like a snickers, its full of nuts!
  • #27,538
  • Mar 13, 2015 1:53am Mar 13, 2015 1:53am
Earlier on EU.

Warning of trade possibility in form of harami and then signal Udine... possible 45 pips. Simple and clean.

Trade green.
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  • #27,539
  • Mar 13, 2015 2:02am Mar 13, 2015 2:02am
goodmorning to all

is the same rules to M15 or M30?
m30 is more comfortable? more profitable?
in which post changed from m15 to m30?

thanks
  • #27,540
  • Mar 13, 2015 2:12am Mar 13, 2015 2:12am
Quoting dimdel
goodmorning to all is the same rules to M15 or M30? m30 is more comfortable? more profitable? in which post changed from m15 to m30? thanks

I started to post as a lot of people seemed to be looking at the 30M timeframe..

I think the 30M is a good mix between the faster 15M and the slower 1H..

Udine
Sleep less, live fast, as it aint gonna last
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