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Trading Made Simple

  • #54,981
  • Mar 17, 2015 12:32pm Mar 17, 2015 12:32pm
GJ H1 London session.....entered 2 standard lots on a break below the Frankfurt candle and the consolidation of the Asian session low. The LO candle set the high of the session. I changed the settings on the CaveManager to exit 1 lot at 100 pips and the 2nd lot was taken out with emmanuel's 5 pip trailing stop, that I experimented with (slightly different TP & SL settings). A very good payday, all according to my trading plan (London session trade, TDI bounce of the green RSI line off the red TS line and a cross over the gold MBL).
Attached Image (click to enlarge)
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  • #54,982
  • Mar 17, 2015 12:38pm Mar 17, 2015 12:38pm
Sharing trades today :

G/j, closed early. Same entry as Phx above, closed 50 pips too soon. Took money and fled.
Attached Image (click to enlarge)
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G/u, closed early. Only +35
Attached Image (click to enlarge)
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E/a, stupid entry.
Attached Image (click to enlarge)
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Considering 2 other wins on eur/usd, a very good trading day returning roughly 3% of the account.

Slow and steady wins the race.
  • #54,983
  • Mar 17, 2015 12:54pm Mar 17, 2015 12:54pm
Quoting Vladbold
Sharing trades today : G/j, closed early. Same entry as Phx above, closed 50 pips too soon. Took money and fled. {image} G/u, closed early. Only +35 {image} E/a, stupid entry. {image} Considering 2 other wins on eur/usd, a very good trading day returning roughly 3% of the account. Slow and steady wins the race.
Nice trading Vladbold
Sad i'm not trying to understand PA
  • #54,984
  • Mar 17, 2015 1:13pm Mar 17, 2015 1:13pm
GBPNZD-H4
Attached Image (click to enlarge)
Click to Enlarge Name: 2015-03-18_0-11-53GBPNZD.png Size: 34 KB
Sad i'm not trying to understand PA
  • #54,985
  • Mar 17, 2015 1:19pm Mar 17, 2015 1:19pm
Small winner on EJ today....
https://charts.mql5.com/7/292/eurjpy...trader-ltd.png
  • #54,986
  • Mar 17, 2015 1:30pm Mar 17, 2015 1:30pm
Quoting omonisha
GBPNZD-H4 {image}
Great trading to you too!

Have you moved to H4?
  • #54,987
  • Mar 17, 2015 1:35pm Mar 17, 2015 1:35pm
Quoting Vladbold
{quote} Great trading to you too! Have you moved to H4?
Trading H1 H4 both
Sad i'm not trying to understand PA
  • #54,988
  • Mar 17, 2015 2:20pm Mar 17, 2015 2:20pm
Quoting Phx62
GJ H1 London session.....entered 2 standard lots on a break below the Frankfurt candle and the consolidation of the Asian session low. The LO candle set the high of the session. I changed the settings on the CaveManager to exit 1 lot at 100 pips and the 2nd lot was taken out with emmanuel's 5 pip trailing stop, that I experimented with (slightly different TP & SL settings). A very good payday, all according to my trading plan (London session trade, TDI bounce of the green RSI line off the red TS line and a cross over the gold MBL).{image}
Perfect stuff as always , I went in the same trade only closed it a lot earlier, still not that experience to follow my own rules and trading plan, a lot there to go
I Have Learned to Take Some Losses to Make Profits
  • #54,989
  • Mar 17, 2015 3:27pm Mar 17, 2015 3:27pm
130 pips on GN
Great trading Ladies&Gents
Attached Image (click to enlarge)
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  • #54,990
  • Mar 17, 2015 4:40pm Mar 17, 2015 4:40pm
Quoting emmanuel7788
{quote} Hi GG, Please try these settings shown below: {image} {image} {image} regards,
Hi Emmanuel 7788

Could you (or anyone else who knows) point me to where I can learn the basics of the Cave Manager. I would like to trade the London session but work during these hours. Could you please enlighten me:

Does the CM open and close the trade with the information I programme into it.

Is it a trading robot

Would it be difficult for me to use bearing in mind I have no programming experience.

Thanks so much
  • #54,991
  • Mar 17, 2015 4:53pm Mar 17, 2015 4:53pm
EURAUD H4 +50
Sorry for additional red line.
Dear Senior Traders, many thanks for your help!
Attached Image (click to enlarge)
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  • #54,992
  • Mar 17, 2015 5:12pm Mar 17, 2015 5:12pm
Quoting forexangel
{quote} Hi Emmanuel 7788 Could you (or anyone else who knows) point me to where I can learn the basics of the Cave Manager. I would like to trade the London session but work during these hours. Could you please enlighten me: Does the CM open and close the trade with the information I programme into it. Is it a trading robot Would it be difficult for me to use bearing in mind I have no programming experience. Thanks so much
Hi forexangel,

You will find the TV CaveManager expert advisor in this thread attachements.
see pic below.

It is a trade manager not an auto trading robot EA. You need to open your trades and let this CM manage your trades according to your exit strategy.

Attached Image (click to enlarge)
Click to Enlarge Name: FF paper clip search for THV CM.png Size: 117 KB


regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,993
  • Mar 17, 2015 5:19pm Mar 17, 2015 5:19pm
Quoting heispark
When Cavemanager EA is loaded on my chart, if I move TF to Weekly or Monthly, an annoying pop-up shows up: {image} Does anyone have the same issue?

Hi heispark,

The error message comes from the use of THV Pivots calculation used in CM. It calculates the daily pivots levels to be used for exits / profit taking.
I don't use this pivot feature.

Good thing you posted this error message because when we have CM running with open trades, we must not change the chart TF as it will affect how CM will manage some trade exit features.

Also, we cannot load CM twice i.e. onto a different chart of same currency pair. That will flag an error too.

regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,994
  • Mar 17, 2015 5:37pm Mar 17, 2015 5:37pm
Quoting Phx62
GJ H1 London session.....entered 2 standard lots on a break below the Frankfurt candle and the consolidation of the Asian session low. The LO candle set the high of the session. I changed the settings on the CaveManager to exit 1 lot at 100 pips and the 2nd lot was taken out with emmanuel's 5 pip trailing stop, that I experimented with (slightly different TP & SL settings). A very good payday, all according to my trading plan (London session trade, TDI bounce of the green RSI line off the red TS line and a cross over the gold MBL).{image}

Hi Phx62,

I use the Trail_by_Prev Candle High-Low feature not the conventional trailing stop.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ CM Trailing stop.jpg Size: 227 KB


Also, when using the other version of TDI which is non-realtime, there was no TDI bounce during the LO candle.
Those who use the TDI_RT and Synergy_Pro_TDI would have seen the TDI bounce during the LO candle itself and that would be confirmed when the LO candle closed.
I waited for the LO candle to close to be sure that is not a fakey.
Attached Image (click to enlarge)
Click to Enlarge Name: TDI non-realtime GJ LO 17 Mar .jpg Size: 254 KB



regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,995
  • Mar 17, 2015 7:08pm Mar 17, 2015 7:08pm
Quoting emmanuel7788
{quote} Hi Phx62, I use the Trail_by_Prev Candle High-Low feature not the conventional trailing stop. {image} Also, when using the other version of TDI which is non-realtime, there was no TDI bounce during the LO candle. Those who use the TDI_RT and Synergy_Pro_TDI would have seen the TDI bounce during the LO candle itself and that would be confirmed when the LO candle closed. I waited for the LO candle to close to be sure that is not a fakey. {image} regards,
Thanks for the comments. I did use the Trail_by_Prev Candle High-Low set to 5 pips behind and active after 20 pips. The exit shown on my charts is where I was taken out of the trade. Still experimenting so I don't know why it did that but will keep experimenting with it to see if I can perfect exits.
I understand your entry completely. I have tried all kinds of entries and personally, I like the early one on the break above or below the previous 1 or 2 candles of the Frankfurt/Asian sessions with a cross or near cross of the TDI. Sometimes I take a small loss or a BE trade but seldom lose many pips on that entry. I also am aware of any news that may affect the trade before I enter and I am always looking for a trade away from the high or low of the London session.
Thanks for your input.
Regards,
  • #54,996
  • Mar 17, 2015 7:27pm Mar 17, 2015 7:27pm
Can anyone help me please? I installed the simulator and have been using it for over a month now and all of a sudden I oped my computer one day and some of the controls were gone. Namely: Visiual mode and the bar that controls the speed of the simulator, optimization and the check box, use date and skip to .. In short the entire lower half except the start button. Been fidling to undo anything I might have unknowingly done but no luck yet. Hope sometone knows what went wrong and can help me rectify it.
Thanks
  • #54,997
  • Mar 17, 2015 7:52pm Mar 17, 2015 7:52pm
Quoting emmanuel7788
{quote} Hi heispark, The error message comes from the use of THV Pivots calculation used in CM. It calculates the daily pivots levels to be used for exits / profit taking. I don't use this pivot feature. Good thing you posted this error message because when we have CM running with open trades, we must not change the chart TF as it will affect how CM will manage some trade exit features. Also, we cannot load CM twice i.e. onto a different chart of same currency pair. That will flag an error too. regards,
As always, thank you for your tip Emmanuel.
Simplicity is the ultimate sophistication - Leonardo da Vinci
  • #54,998
  • Mar 17, 2015 7:58pm Mar 17, 2015 7:58pm
Quoting wnabo
Can anyone help me please? I installed the simulator and have been using it for over a month now and all of a sudden I oped my computer one day and some of the controls were gone. Namely: Visiual mode and the bar that controls the speed of the simulator, optimization and the check box, use date and skip to .. In short the entire lower half except the start button. Been fidling to undo anything I might have unknowingly done but no luck yet. Hope sometone knows what went wrong and can help me rectify it. Thanks

Have you tried re-size that strategy tester sub-window?

Attached Image (click to enlarge)
Click to Enlarge Name: re-size sub-window.jpg Size: 175 KB
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
  • #54,999
  • Mar 17, 2015 8:10pm Mar 17, 2015 8:10pm
Quoting emmanuel7788
{quote} Have you tried re-size that strategy tester sub-window? {image}
Thanks a lot that did it! I'm embarrassed that it was that simple and I had tried everything. Thanks again. Always your fan!
  • #55,000
  • Mar 17, 2015 9:36pm Mar 17, 2015 9:36pm
Firstly thanks to everyone for all of your posts and explanations, I am feeling sure that i will get the hang of this.(eventually)

A bit off topic, I am looking for a probability list that gives the likleyhood of a bar reaching say ten pips if the previous bar hit 25 pips. someone posted a part of the list here some time ago.

I am thinking that it might be useful in adjusting TP and trailing stops.

If anyone can point me in the right direction I'd be much obliged.
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