As simple as possible: 00 level trading | Page 1426 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

SIMPLE EA for a simple method needed!! 2 replies

As simple as possible: RENKO M5 trading 75 replies

Trading is this Simple? Finally Explained simple and clearly! 46 replies

Simple Level Trading 1 reply

Trading: As simple as possible, but no simpler - by a real Cityboy 92 replies

Attachments: As simple as possible: 00 level trading
Exit Attachments

As simple as possible: 00 level trading

  • #28,501
  • Mar 24, 2015 3:38pm Mar 24, 2015 3:38pm
Quoting Robinho
Good afternoon ... I wish to thank you once again to our friend UDINE master the patience and dedicao.Pois another person would be quiet and not pass anything to anyone. Many friends posting on box and asking questions. I play the system Udine, the difference is that I put a stop 20 and Tp 05 ... the basic difference is this. I'm working only with pairs of couples, enjoyed nasap idea. EURUSD, EURJPY / GBPUSD, GBPJPY / AUDUSD, AUDJPY / NZDUSD, NZDJPY / USDCHF, CHFJPY / USDCAD, CADJPY See all Udine rules and enter the couple is the best force conditions. My SETUP is in (image 01). Anything different. BUT CAUTION: Excusing the UDINE and all I would let those in a power panel (image 02) that has helped me a lot. The panel has peer group, as I am using only 12 pairs, I'm just with the Group's USD and the JPY group. I'll leave the (image 03) using the power panel. I'll leave the indicators of all groups, for those who work with all pairs. Hope that helps everyone, the Base is to follow the rules UDINE and nothing else. {image} {image} {image} {file} {file} {file} {file} {file} {file} {file}
Thanks Robinho for sharing it!!

Quoting wernerfukuma
{quote} My indicators is not updating. Any sugestions? {image}
Same problem here,
I think it might be some indicator missing, I've see other indicators that require an indicator even if you are not putting it into your chart.
The post where they came from is this one, from KG: http://www.forexfactory.com/showthread.php?t=123284 , maybe worth a check there
Im doing some tests as soon I arrive home, will update if I find something about it
  • #28,502
  • Mar 24, 2015 3:45pm Mar 24, 2015 3:45pm
Quoting wernerfukuma
{quote} My indicators is not updating. Any sugestions? {image}
A friend of mine was also so ... believe not lack indicator;;; but I can not say.
  • #28,503
  • Mar 24, 2015 3:46pm Mar 24, 2015 3:46pm
Quoting mokuro89
{quote} Thanks Robinho for sharing it!! {quote} Same problem here, I think it might be some indicator missing, I've see other indicators that require an indicator even if you are not putting it into your chart. The post where they came from is this one, from KG: http://www.forexfactory.com/showthread.php?t=123284 , maybe worth a check there Im doing some tests as soon I arrive home, will update if I find something about it
I think it is because my pairs has sufix pro, like 'EURUSDpro', 'GBPJPYpro', and go on.

Same as yours mokuro?
  • #28,504
  • Mar 24, 2015 3:48pm Mar 24, 2015 3:48pm
Quoting wernerfukuma
{quote} I think it is because my pairs has sufix pro, like 'EURUSDpro', 'GBPJPYpro', and go on. Same as yours mokuro?
yes, mine got "i" like EURUSDi
  • #28,505
  • Mar 24, 2015 4:07pm Mar 24, 2015 4:07pm
have a look at the experts tab - you need the indicator Formula_2.ex4, found at http://www.forexfactory.com/showthread.php?t=123284
Attached File(s)
File Type: ex4 Formula_2.ex4   16 KB | 311 downloads
  • #28,506
  • Mar 24, 2015 5:03pm Mar 24, 2015 5:03pm
Excuse me ... friends do not understand any of these languages to date "MQL4" "ex4"
  • #28,507
  • Mar 24, 2015 5:17pm Mar 24, 2015 5:17pm
NZDUSD and NZDJPY in Sync ... and more force for

NZDUSD +5
NZDJPY + 5
Attached Image(s) (click to enlarge)
Click to Enlarge Name: NZDJPY.png Size: 232 KB
Click to Enlarge Name: NZDJPY. 02 png.png Size: 215 KB
  • #28,508
  • Mar 24, 2015 5:17pm Mar 24, 2015 5:17pm
Quoting Udine
{quote} indi: ATR in pips setting 480 will tell you Udine
I was wondering what that indi was for Thanks
  • #28,509
  • Mar 24, 2015 5:28pm Mar 24, 2015 5:28pm
Quoting Robinho
NZDUSD and NZDJPY in Sync ... and more force for NZDUSD +5 NZDJPY + 5 {image} {image}

Good Great Robinho.
  • #28,510
  • Mar 24, 2015 5:34pm Mar 24, 2015 5:34pm
Good Night.

EU : in progress
Attached Image (click to enlarge)
Click to Enlarge Name: EU.png Size: 108 KB
  • #28,511
  • Mar 24, 2015 5:43pm Mar 24, 2015 5:43pm
thanks for sharing Robinho
  • #28,512
  • Mar 24, 2015 6:58pm Mar 24, 2015 6:58pm
Quoting parsifalfx
have a look at the experts tab - you need the indicator Formula_2.ex4, found at http://www.forexfactory.com/showthread.php?t=123284 {file}
Thank you parsifalfx, that did the trick. I can see the values and arrows now.

Like others, I thought it was because of my suffix of "i" on my pairs like EURUSDi

I see this is your first post since joining FF a bit over 2.5 years ago!

I sure am glad you decided to post here today!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,513
  • Mar 24, 2015 7:05pm Mar 24, 2015 7:05pm
Quoting Robinho
Good afternoon ... I wish to thank you once again to our friend UDINE master the patience and dedicao.Pois another person would be quiet and not pass anything to anyone. Many friends posting on box and asking questions. I play the system Udine, the difference is that I put a stop 20 and Tp 05 ... the basic difference is this. I'm working only with pairs of couples, enjoyed nasap idea. EURUSD, EURJPY / GBPUSD, GBPJPY / AUDUSD, AUDJPY / NZDUSD, NZDJPY / USDCHF, CHFJPY / USDCAD, CADJPY See all Udine rules and enter the couple is the best force conditions....
Robinho!

Thank you. That was your clearest and most understandable explanation yet!

I would ask some questions:

How many trades do you have open at any one time?

How many hours a day are you trading?

What I really want to know is how many trades per hour are you taking?

Thank you again for your kindness and generosity.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,514
  • Mar 24, 2015 7:11pm Mar 24, 2015 7:11pm
Udine has said four pairs and daily target of 2%.

I have said small accounts should be traded the same as large accounts. I still say that.

However, some here, such as Robinho have a pressing financial need to get their accounts to 10k as quickly as possible.

Ideally, I don't think this should be attempted, but if the attempt is to be made, I think Robinho's approach is good.

He is not using too much risk or leverage.
He is using the Udine entries (with the exception of 20 pip stop)
But most importantly, he's doing it by increasing trade frequency, which beats the heck out of too high risk and leverage.
And he's doing it intelligently by choosing his pairs wisely based on currency strengths.

If rapid growth has to be attempted, (which I still don't recommend), then this is the way to do it.

Just my meager opinion.

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,515
  • Mar 24, 2015 7:15pm Mar 24, 2015 7:15pm
Quoting diallist
{quote} Robinho! Thank you. That was your clearest and most understandable explanation yet! I would ask some questions: How many trades do you have open at any one time? How many hours a day are you trading? What I really want to know is how many trades per hour are you taking? Thank you again for your kindness and generosity. Dial
How many trades? It depends on the trading day, but I'm looking to do menas entries,,, and try to get more pips.

Since I'm unemployed, while much of the following day, but in the future I will try to operate only in London.

Robinho!
  • #28,516
  • Edited Mar 25, 2015 12:03am Mar 24, 2015 7:16pm | Edited Mar 25, 2015 12:03am
Yesterday, I was asked for clarification of L2 entries.

This is how I am doing them. Udine, please correct me if I'm wrong.

1. The continuation candle MUST be the candle immediately following the retrace candle. If it takes more than one candle to break the open of the retrace candle, then momentum is not strong enough for an L2 entry.

2. If the ASH changes color at any time, even if only briefly, during either the retrace candle or the continuation candle, an L2 entry is off the table. This is because if the ASH can flicker to the other color, then it is too weak, and thus momentum is lacking.

Better to skip an L2 entry, than take one low on strength and momentum.

Just my 2 pips

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,517
  • Mar 24, 2015 7:25pm Mar 24, 2015 7:25pm
Quoting Robinho
{quote} How many trades? It depends on the trading day, but I'm looking to do menas entries,,, and try to get more pips. Since I'm unemployed, while much of the following day, but in the future I will try to operate only in London. Robinho!
Thank you Robinho.

Recently, you got 120 pips. Dividing this by 5 would me 24 consecutive winning trades with no losers.
But I'm sure you are getting a few losers. So to get 120 pips, you probably took around 30 to 40 trades?
Even with 10 hours of trading a day, that works out to 4 trades per hour. This is what I do not understand.

I do understand how you are choosing your pairs. I don't understand how you are getting so many trades each day!

I guess I'll just need to try it myself on my demo account to see if I can get your accelerated method to work for me.

Thank you again for being so very helpful and generous!

Dial
sxaxlxvxaxtxixoxnxbxyxgxrxaxcxexdxoxtxoxrxgx
  • #28,518
  • Mar 24, 2015 8:51pm Mar 24, 2015 8:51pm
Had a couple to TP after Tokyo open thismorning

Attached Image (click to enlarge)
Click to Enlarge Name: tokyo 2.jpg Size: 401 KB
Life is like a snickers, its full of nuts!
  • #28,519
  • Mar 24, 2015 8:51pm Mar 24, 2015 8:51pm
Quoting diallist
{quote} Thank you Robinho. Recently, you got 120 pips. Dividing this by 5 would me 24 consecutive winning trades with no losers. But I'm sure you are getting a few losers. So to get 120 pips, you probably took around 30 to 40 trades? Even with 10 hours of trading a day, that works out to 4 trades per hour. This is what I do not understand. I do understand how you are choosing your pairs. I don't understand how you are getting so many trades each day! I guess I'll just need to try it myself on my demo account to see if I can get your accelerated...
I know some of his posts are difficult to decipher and sometimes funny to read (in a good/positive way), but he has stated that sometimes he disables the EA to let the trade run for more than 5 pips if he thinks the trend is strong enough.
  • #28,520
  • Mar 24, 2015 8:58pm Mar 24, 2015 8:58pm
Quoting diallist
Yesterday, I was asked for clarification of L2 entries. This is how I am doing them. Udine, please correct me if I'm wrong. 1. The continuation candle, MUST be the candle immediately following the retrace candle. If it takes more than one candle to break the open of the retrace candle, then momentum is not strong enough for an L2 entry. 2. If the ASH changes color at any time, even if only briefly, during either the retrace candle or the continuation candle, an L2 entry is off the table. This is because if the ASH can flicker to the other color,...
I'm not Udine but let me add my opinion.

1) Makes sense. We are looking for momentum, and if it takes more than one candle to break the open of retrace candle, then logically we can say momentum is not strong enough.
2) I think this point is too much. While it makes sense, if you need to monitor ASH for color changes DURING the candle, then wouldn't you then do the same for all other entries (level 1 to 4)?

Just my thoughts. Let's see what Udine thinks.
7 traders viewing now