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As simple as possible: 00 level trading

  • #29,381
  • Apr 9, 2015 11:20am Apr 9, 2015 11:20am
Quoting LuXing
{quote} Nice mokuro89 ! Dont see charts of your trades. Which ones did you take ? LuXing
I'm trading only EU EJ GU GJ due broker problems, my broker asks 8$/lot for those pairs plus US and AU, other pairs are 12$/lot wich is too much for this strategy in my point of view, so i'm only on these for now till I be able to change brokers by next month
I'll try to post more charts here for next weeks
  • #29,382
  • Apr 9, 2015 1:34pm Apr 9, 2015 1:34pm
Quoting Masterrmind
Straight out of Frankfurt Trade #4 GBPUSD +5 TP {image} Masterrmind...........
I think there is something wrong in my chart about the GMT in the DO indicator.

When i look at your chart Masterrmind's DO isn't at the same level as mine. The DO is set to GMT -2, and we are 2 hours ahead of GMT.

Masterrmind's chart

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My chart looks like this

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Blindly following others will make you blind!
  • #29,383
  • Apr 9, 2015 1:47pm Apr 9, 2015 1:47pm
Quoting Georgebaker
{quote} I think there is something wrong in my chart about the GMT in the DO indicator. When i look at your chart Masterrmind's DO isn't at the same level as mine. The DO is set to GMT -2, and we are 2 hours ahead of GMT. Masterrmind's chart {image} My chart looks like this {image}
@ Georgebaker

This has been a long lasting point of discussion. Bottom line is that differences in trading results at the end of the day are negligable.
MM, like many other traders, is using various brokers. One will be GMT minus, the other one GMT plus, ...
You can easily "trick" your D.O. line into using another point of reference by simply changing the value as you see in the screenshot...
Just look at the offset between your broker serverīs time and GMT and choose for yourself.
After extensive testing, I simply use zero.
Try for yourself and if you fancy, pick FFO, LO or NYO as "your" Daily Open line...
Hope this helps.

LuXing
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Wisdom begins in wonder
  • #29,384
  • Apr 9, 2015 1:53pm Apr 9, 2015 1:53pm
Quoting Masterrmind
Straight out of Frankfurt Trade #4 GBPUSD +5 TP {image} Masterrmind...........
Hey Masterrmind (or should I say Grandmaster Flash),

Whatīs that I see on your chart now ?
White lines ?
Inserted Video


LuXing
Wisdom begins in wonder
  • #29,385
  • Apr 9, 2015 1:58pm Apr 9, 2015 1:58pm
Quoting cycle
{file}{file}{file} These are modified as per my charts. All are MQ4 files, hence you can have your own modified versions. DN template takes all indis to top of chart when price is downwards and UP template vice versa. For this we need two versions of xADR indicators. I will be happy to clarify further, if required. Enjoy!
thx Cycle for indis and temp
  • #29,386
  • Apr 9, 2015 2:00pm Apr 9, 2015 2:00pm
Quoting LuXing
{quote} @ Georgebaker This has been a long lasting point of discussion. Bottom line is that differences in trading results at the end of the day are negligable. MM, like many other traders, is using various brokers. One will be GMT minus, the other one GMT plus, ... You can easily "trick" your D.O. line into using another point of reference by simply changing the value as you see in the screenshot... Just look at the offset between your broker servers time and GMT and choose for yourself. After extensive testing, I simply use zero. Try for yourself...
Thank you LuXing.

I already have set it to -2 inside the indi and that is where it shows it in a different level as MM. So which one is correct?
Blindly following others will make you blind!
  • #29,387
  • Apr 9, 2015 2:05pm Apr 9, 2015 2:05pm
Quoting cycle
{quote} Here are modified indis and templates: .....contd. on next post {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
@Cycle - Thank you for sharing
Blindly following others will make you blind!
  • #29,388
  • Apr 9, 2015 3:18pm Apr 9, 2015 3:18pm
Quoting Georgebaker
{quote} I think there is something wrong in my chart about the GMT in the DO indicator. When i look at your chart Masterrmind's DO isn't at the same level as mine. The DO is set to GMT -2, and we are 2 hours ahead of GMT. Masterrmind's chart {image} My chart looks like this {image}
Time is a problem - doesn't matter where you are, the indicator is reading Broker time e.g. MT4

You can see that on the bottom chart scale or open the Marketwatch

Most MT4 brokers are aligned with 5 pm close of day New York time

So that is where your Daily Open Line should start from, if you are up it is nearly that time now
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It takes a lot for me to IGNORE you, but you can try.
  • #29,389
  • Apr 9, 2015 8:42pm Apr 9, 2015 8:42pm
We didn't expect much for the Tokyo this morning but surprisingly it worked good for us.
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Have a green day all together!

nasap
The little nut in your head is called brain. Use it!
  • #29,390
  • Apr 9, 2015 9:12pm Apr 9, 2015 9:12pm
Better late than never!
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Done for the day, time for more coding.

nasap
The little nut in your head is called brain. Use it!
  • #29,391
  • Apr 9, 2015 9:14pm Apr 9, 2015 9:14pm
Quoting nasap
.... time for more coding. nasap
how about modifying pipsometer to show negative pips in red color?
Thanks
  • #29,392
  • Apr 9, 2015 9:16pm Apr 9, 2015 9:16pm
Quoting cycle
{quote} how about modifying pipsometer to show negative pips in red color? Thanks
He has no need for that

It takes a lot for me to IGNORE you, but you can try.
  • #29,393
  • Apr 9, 2015 9:18pm Apr 9, 2015 9:18pm
Quoting Erebus
{quote} He has no need for that
  • #29,394
  • Apr 10, 2015 1:34am Apr 10, 2015 1:34am
Hi all,

First trade for me today.
GBPUSD -> TP

Kind regards,

Gizmo
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  • #29,395
  • Apr 10, 2015 1:49am Apr 10, 2015 1:49am
Second trade for today.
EURJPY -> SL

Kind regards,

Gizmo
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  • #29,396
  • Apr 10, 2015 1:57am Apr 10, 2015 1:57am
Quoting gizmo96
Second trade for today. EURJPY -> SL Kind regards, Gizmo {image}
Don't you think it was against the rules?
  • #29,397
  • Apr 10, 2015 2:10am Apr 10, 2015 2:10am
2 trades at ondon open. EU and EJ to TP.
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  • #29,398
  • Apr 10, 2015 2:17am Apr 10, 2015 2:17am
Hi All

First 2 trades today.

EU S TS
EJ S TP
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  • #29,399
  • Apr 10, 2015 2:17am Apr 10, 2015 2:17am
happy for today, I will sleep after I come back.

NJ +10
NU +10
AU +5
UC +5
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  • #29,400
  • Apr 10, 2015 2:21am Apr 10, 2015 2:21am
back to post some trades after a break
EJ +5
EU +4.5
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Porta itineris dicitur longissima esse
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