As simple as possible: 00 level trading | Page 1585 | Forex Factory

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As simple as possible: 00 level trading

  • #31,681
  • Jun 11, 2015 9:15am Jun 11, 2015 9:15am
Quoting Ata-Turkoglu
Hi Folks, For all our turkish members: I read the forum from the beginning to the end and tried to summarize all the critics, warnings, explanations of Udine as short as it gets in a word file. So you don't need to the go through the whole forum to understand the system. Just read this document and voila, you will be enlightened. P.S: This will save Udine from answering the same questions again and again too, at least no more nagging turkish members Happy Trades and Stay Green {file}

Brother Ata-Turkoglu!

By any chance, do you have

This UDINE documents in

English version??

Thanks, ever praying for you
And for your family.

Ashraf
loveandpeace
  • #31,682
  • Jun 11, 2015 9:22am Jun 11, 2015 9:22am
Quoting LuXing
{quote} @jmmac Yes, I use the script you can find in the attachments to put on my trades. I do respect the 50 and 00 levels (thats where the script puts the buy stop or sell stop). Unfortunately its my broker who doesnt always respect these levels, as you can see on some of the charts I posted. To trade this system respecting the 50/00 levels, you really do not need the source code of the scripts. In the globals script, you can set your TP and SL in pips, as well as the position size. These will remain the same, until you change them. Using a...
Thanks LuXing! I do use those scripts to place the orders. But I'm also experimenting outside of the system to gain experience.
Jaime
  • #31,683
  • Jun 11, 2015 12:01pm Jun 11, 2015 12:01pm
Quoting loveandpeace
{quote} Brother Ata-Turkoglu! By any chance, do you have This UDINE documents in English version?? Thanks, ever praying for you And for your family. Ashraf loveandpeace
You should look at the first page of this thread.. there you will find the english version..

Happy Trades
Focus only on what truly matters!
  • #31,684
  • Jun 11, 2015 1:56pm Jun 11, 2015 1:56pm
Quoting fxrabbi
{quote} I don't seem to understand you, but mine has been accurate ever since I have been using it.
if you display all the currency, the values will be different from only when four currencies are displayed. hope you now understand
  • #31,685
  • Jun 11, 2015 5:32pm Jun 11, 2015 5:32pm
A silly one here! Someone teach me how to set UdineInstantGlobals script to a prefered % age risk. Whenever I say set it to 1%, it keeps opening 2% risk.
L.L.L.T
  • #31,686
  • Jun 11, 2015 9:33pm Jun 11, 2015 9:33pm
Quoting mkfx
{quote} Thanks Nsap for answering all questions. Do you consider news rules as per udain first page rules. Like one hour before and 30 minutes after news no trade. only one trade in one hour for a pair Thanks MKfX
News as well as one trade per hour (candle / bar) are implemented. News are set to 30 min. before / after (not using factory calendar!).

nasap
The little nut in your head is called brain. Use it!
  • #31,687
  • Jun 11, 2015 9:45pm Jun 11, 2015 9:45pm
Quoting jmmac
{quote} I see. Of course I won't ask you for the rules, you should keep them safe! But maybe you can share if you follow Udine's rules, like using ASH and HA, stay out of RN and news and then add rules to filter out risky setups. Or, on the other hand, you just use Udines philosophy of using short term momentum with you own rules, not using Udine's. I plan on testing my own rules with the software Wealth-Lab Developer (or maybe Metatrader) but I don't know how to simulate the news... Jaime
This has been answered already more than once! I've developed 2 dasboards, WSD (fully automated trading bot) & STB (for manual trading with 8 pairs only). All rules are implemented in the WSD except the 100 / 900. I do not care for it! Both systems using price action, strength & correlation as the main filter for generating signals.

nasap
The little nut in your head is called brain. Use it!
  • #31,688
  • Jun 11, 2015 10:00pm Jun 11, 2015 10:00pm
Quoting LuXing
{quote} @jmmac Yes, I use the script you can find in the attachments to put on my trades. I do respect the 50 and 00 levels (thats where the script puts the buy stop or sell stop). Unfortunately its my broker who doesnt always respect these levels, as you can see on some of the charts I posted. To trade this system respecting the 50/00 levels, you really do not need the source code of the scripts. In the globals script, you can set your TP and SL in pips, as well as the position size. These will remain the same, until you change them. Using a...
Dear LuXing,
I have put in these U_G_Buy/Sell in Expert Advisor.
And I drag to the chart and didn't work.
Can you guide me ,how to use these.
Thanking you in advance.
best regards
AllHappy
  • #31,689
  • Jun 11, 2015 11:07pm Jun 11, 2015 11:07pm
Quoting allhappy
{quote} Dear LuXing, I have put in these U_G_Buy/Sell in Expert Advisor. And I drag to the chart and didn't work. Can you guide me ,how to use these. Thanking you in advance. best regards AllHappy
You should put them in script folder instead!

Quoting LuXing
{quote} @jmmac Yes, I use the script you can find in the attachments to put on my trades.
Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #31,690
  • Jun 11, 2015 11:11pm Jun 11, 2015 11:11pm
Quoting nasap
{quote} This has been answered already more than once! I've developed 2 dasboards, WSD (fully automated trading bot) & STB (for manual trading with 8 pairs only). All rules are implemented in the WSD except the 100 / 900. I do not care for it! Both systems using price action, strength & correlation as the main filter for generating signals. nasap
Hi Udine,
It took me months to go through your thread, just want to say many thanks for your endless help here.

Hi Nasap,
Thanks for your contribution in this thread. I read all your posts. I understand that you use strength & correlation to filter trades but I still cannot get your idea of using Price action & momentum. Previously you said that you don't use any timeframe but trade tick by tick, so how can you identify momentum without timeframe? And how about Price action?
Excuse me if I ask you too much, your posts here enlighten me so much in developing my own dashboard.
  • #31,691
  • Jun 11, 2015 11:28pm Jun 11, 2015 11:28pm
PM's have been replied.

Have not been present, as I fell from the stairs...My back is having some issues now..

I still keep reading the thread, but soon I will be back

PDF & BCC

cheers

Udine
Sleep less, live fast, as it aint gonna last
  • #31,692
  • Jun 11, 2015 11:43pm Jun 11, 2015 11:43pm
Quoting Udine
PM's have been replied. Have not been present, as I fell from the stairs...My back is having some issues now.. I still keep reading the thread, but soon I will be back PDF & BCC cheers Udine
Get well soon!

Jibala
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #31,693
  • Jun 11, 2015 11:57pm Jun 11, 2015 11:57pm
Quoting JibalaPasan
{quote} Get well soon! Jibala

off course

Udine
Sleep less, live fast, as it aint gonna last
  • #31,694
  • Jun 12, 2015 1:21am Jun 12, 2015 1:21am
Quoting Udine
PM's have been replied. Have not been present, as I fell from the stairs...My back is having some issues now.. I still keep reading the thread, but soon I will be back PDF & BCC cheers Udine
Get well soon Udine! Irish coffee will help with the back
Do good and disappear...
  • #31,695
  • Jun 12, 2015 2:15am Jun 12, 2015 2:15am
Buenos días,

Trade #1 o/t day: GBPJPY to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 57 KB
Wisdom begins in wonder
  • #31,696
  • Jun 12, 2015 2:21am Jun 12, 2015 2:21am
Quoting Udine
PM's have been replied. Have not been present, as I fell from the stairs...My back is having some issues now.. I still keep reading the thread, but soon I will be back PDF & BCC cheers Udine
Hope it was nothing serious.

Wish you a fast recovery.

Asmodai
  • #31,697
  • Jun 12, 2015 2:47am Jun 12, 2015 2:47am
Get well soon Udine, would be nice to have you back here!
Persistence will get it. Consistency will keep it.
  • #31,698
  • Jun 12, 2015 2:48am Jun 12, 2015 2:48am
Quoting JibalaPasan
{quote} You should put them in script folder instead! {quote} Jibala
Dear Jibala,
Got it.
Now it's working.
Thanks
AllHappy
  • #31,699
  • Jun 12, 2015 2:53am Jun 12, 2015 2:53am
Quoting LuXing
Buenos das, Trade #1 o/t day: GBPJPY to TP. LuXing {image}
Hi LuXing,
I took the exact same trade as yours just based on Excel strength data. I assume the 6.5 and upward green arrow on your MT4 chart reflects the strength and arrow position from your Excel sheet at the time. If so can you share the knowledge to do this it will be highly appreciated. Will lessen the strain on the eyes to switch between MT4 and Excel sheet all the time. If it is too complicated and you think not applicable for this forum can you please PM me. I struggle for some time without success to partly merge and reflect Excel data on my MT4 charts.
  • #31,700
  • Jun 12, 2015 3:13am Jun 12, 2015 3:13am
Hi all,

I rarely trade GJ due to high spread on this pair, but today .. it was quite obvious.

2 trades with TP (L1 and L4)

Attached Image
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