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  • #321
  • Jun 29, 2015 2:58pm Jun 29, 2015 2:58pm
Quoting Thalaton
Hey hayseed when will u get out of the AUD NZD trades?
//-----

hey thalaton.... probably within the next 12 hours..... once the central banks go to sleep, we'll have a clearer picture....

the explorer returns broken down by pair shows 474$ made in the audusd and 298$ made in the nzdusd.... that takes into account the open negative orders.... i would not mind risking half of that.....

all i need is 48$ today, to keep my 1% per day going..... those trades are not far out of the money.... i'll give'em plenty rope.....

the eurgbp trades concern me more.... did not expect it to pass 30% and it's now crowding 50..... those might cost me....

also did not expect the usdjpy to bite me..... that's just the central banks selling dollars to stabilize the markets.... there is limits to how much they will do.... an orderly fall of the euro is a good thing for europe....

will be nickel and diming them to death till i double this account.... then it's time for hard ball.....h
to trade and code, keep both simple... no call to impress....h
  • #322
  • Jun 30, 2015 1:59pm Jun 30, 2015 1:59pm
Quoting Thalaton
Hey hayseed when will u get out of the AUD NZD trades? When the retracement shoots above the 100% Fibo ? best regards thalaton
//----

hey thalaton..... went ahead and closed those audusd trades a few hours after i replied yesterday..... began to wonder if sydney would push it up.... it did ...... i reentered.... closed those a few hours ago....

reentering again now.... strong possibility of 100 pips against me..... reason is, 4hr qqe is threating to cross 50.... usually worth at least 20 pips.... sometimes 100.....
//-----

from the fwiw dept,

one of the absolute best scalping buy signals i've ever discovered is for the qqe to cross above 50 when the 12,5,3 zigzag has not printed an up leg..... the companion scalping sell signal is the qqe crossing below 50 when the 12,5,3 zigzag has not printed a down leg.....

depending on the daily and weekly trend i will often replace 50 with cross above 48 to buy, and cross below 52 to sell..... really does not improve things much though.....

easy to see it at .78 ...... .79 would not surprise me..... hard to see it at .83 ...... h
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSDH4 qqe 50.png Size: 71 KB
to trade and code, keep both simple... no call to impress....h
  • #323
  • Jun 30, 2015 2:57pm Jun 30, 2015 2:57pm
Hey hayseed

as always a nice explanation. I am also short Aud/Usd but getting more and more scared, average daily ZigZag is 530, so a lot of room to go against me...
could go above 0.81. plus oversold conditions on daily... dont know wait maybe til tomorrow and get out with little loss (leverage 1:2 on this trade)
What do u think of USD/JPY? Started building longs from 123.00. At leat Usd/Cad and XCU/USD made some money
As always waiting for your response

best regards

Thalaton
  • #324
  • Jun 30, 2015 4:30pm Jun 30, 2015 4:30pm
Quoting Thalaton
Hey hayseed as always a nice explanation. I am also short Aud/Usd but getting more and more scared, average daily ZigZag is 530, so a lot of room to go against me... could go above 0.81. plus oversold conditions on daily... dont know wait maybe til tomorrow and get out with little loss (leverage 1:2 on this trade) What do u think of USD/JPY? Started building longs from 123.00.
//----

hey thalaton.... your absolutely right about the audusd daily's potential to move against us.... the last daily leg printed was down....

what gives me slight confidence at this moment is the 15, 30, 60 and 240's last leg all are up..... that should imply the next leg is down.... a few minutes ago i was at breakeven.....

of course when sydney there is no telling what will happen.... i'm going to let them run against me a pretty good bit if need be.....

the usdjpy really caught me off guard.... not only do we have greece but also the end of month and end of quarter pushing it around..... i'll hang on for a while....

for both pairs, all i really need is 30 pips from here.... but i'll gladly settle for half..... really not in a rush to close them..... which is often is a good time to hold'em.....
//-----

handy zigzag indicator below is compliments of bigblackfeet ...... see this link for precautions.....h
//------
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AUDUSDM15 t.png Size: 86 KB
Click to Enlarge Name: AUDUSDM30 t.png Size: 81 KB
Click to Enlarge Name: AUDUSDH1 t.png Size: 80 KB
Click to Enlarge Name: AUDUSDH4 t.png Size: 78 KB
Attached File(s)
File Type: mq4 Blackfeet ZigZag.mq4   3 KB | 549 downloads
File Type: ex4 Blackfeet ZigZag.ex4   12 KB | 478 downloads
to trade and code, keep both simple... no call to impress....h
  • #325
  • Jul 1, 2015 5:00am Jul 1, 2015 5:00am
someone pm'd for this.... sorry for the delay..... only what i'm using at this very moment is on the computers i use at this very moment.....

everything else is stored on other computers, flash drives or external hard drives.... and a lot of'em.... takes a while.....

from long ago but still should work.... or at least work good enough for me back then.....h
//-----
Attached Image (click to enlarge)
Click to Enlarge Name: trades.png Size: 54 KB
Attached File(s)
File Type: mq4 451 trades.mq4   7 KB | 472 downloads
File Type: ex4 451 trades.ex4   16 KB | 392 downloads
to trade and code, keep both simple... no call to impress....h
  • #326
  • Jul 1, 2015 9:29pm Jul 1, 2015 9:29pm
winding down.....h
//--
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPYH1 tri.png Size: 52 KB
Click to Enlarge Name: EURGBPH1 tri.png Size: 55 KB
Click to Enlarge Name: EURCADH1 f.png Size: 50 KB
to trade and code, keep both simple... no call to impress....h
  • #327
  • Edited 12:19pm Jul 2, 2015 11:42am | Edited 12:19pm
Quoting hayseed
{quote}. the quick zigzag script below proves our point..... it also shows you my math...... place it on any pair and it will comment the average in the top right chart corner....
Hey h... I'm not sure how i missed this post, but I did... Ive been looking for something like the ZZ script for a while.. so thanks.. I don't suppose you have in your tool box an indicator that would show the average time taken to complete the average leg ?

Thanks...Ja
Memories caught in time but never forgotten
  • #328
  • Edited 1:01pm Jul 2, 2015 12:51pm | Edited 1:01pm
Quoting j4d
{quote} Hey h... I'm not sure how i missed this post, but I did... Ive been looking for something like the ZZ script for a while.. so thanks.. I don't suppose you have in your tool box an indicator that would show the average time taken to complete the average leg ? Thanks...Ja
//----


hey j.... use the one below... you can edit out the profit part if you want..... changing between time frames readjusts figures....

zigzag math indicators were/are notorious for locking up the platform, on prior versions .... so take care..... the latest platform versions are much improved and will often kick off the offending ea or indicator.... it's not fool proof however....


yes, i have several that calculates the average bars also.... we find and post....h

//-----



Quoting hayseed
//----- from the fwiw dept, one of the absolute best scalping buy signals i've ever discovered is for the qqe to cross above 50 when the 12,5,3 zigzag has not printed an up leg..... the companion scalping sell signal is the qqe crossing below 50 when the 12,5,3 zigzag has not printed a down leg..... depending on the daily and weekly trend i will often replace 50 with cross above 48 to buy, and cross below 52 to sell..... really does not improve things much though.....
//-----

todays examples below....h
//----
Attached Image(s) (click to enlarge)
Click to Enlarge Name: qqe no zz 2.png Size: 229 KB
Click to Enlarge Name: qqe no zz.png Size: 231 KB
Click to Enlarge Name: w zz.png Size: 230 KB
Attached File(s)
File Type: mq4 quick zigzag indi version.mq4   5 KB | 539 downloads
File Type: ex4 quick zigzag indi version.ex4   11 KB | 436 downloads
to trade and code, keep both simple... no call to impress....h
  • #329
  • Jul 2, 2015 1:06pm Jul 2, 2015 1:06pm
Quoting hayseed
{quote} //---- hey j.... use the one below... you can edit out the profit part if you want..... changing between time frames readjusts figures.... zigzag math indicators were/are notorious for locking up the platform, on prior versions .... so take care..... the latest platform versions are much improved and will often kick off the offending ea or indicator.... it's not fool proof however.... yes, i have several that calculates the average bars also.... we find and post....h //----- {quote} //----- todays examples below....h //---- {image} {image}...

Thank you h..thats very kind of you..

School holidays are soon, h... you know what that means, you'll have to get designing the next building project, something to keep the girls busy...

thanks again..

Ja..
Memories caught in time but never forgotten
  • #330
  • Jul 2, 2015 1:46pm Jul 2, 2015 1:46pm
Quoting j4d
School holidays are soon, h... you know what that means, you'll have to get designing the next building project, something to keep the girls busy... thanks again.. Ja..
//----

hey j.... they have been here a month now..... we were suppose to build a log cabin but they insisted in building an american ninja warrior track to train on....

i'll post a picture later lookin out my office widow at their zip line...... a screamin 5 year old going 1000 feet at 60 mph thru the trees 30 feet off the ground with no fear.....

don't let her mother know.....h
to trade and code, keep both simple... no call to impress....h
  • #331
  • Jul 2, 2015 2:18pm Jul 2, 2015 2:18pm
Quoting j4d
something to keep the girls busy....
//-----

they takes turns pulling each other up.... the tree at the other end stops'em pretty good by itself.....

don't worry, i tied a tractor tire to the tree.... didn't want it to get all beat up.....h
//----
Attached Image(s) (click to enlarge)
Click to Enlarge Name: IMG_4450 rs jp.jpg Size: 519 KB
Click to Enlarge Name: IMG_4457 rs jp.jpg Size: 499 KB
to trade and code, keep both simple... no call to impress....h
  • #332
  • Jul 2, 2015 3:04pm Jul 2, 2015 3:04pm
Quoting hayseed
{quote} don't let her mother know.....h

Lol....

Mums the word..

good to see there are no limits.. kids need to enjoy the golden age before getting bogged down with adulthood..

UK ninja warrior happens to be my middle sons favorite program, it must be universal.

Quote
don't worry, i tied a tractor tire to the tree.... didn't want it to get all beat up

Glad to see your thinking green..

great to see the girls pushing the boundaries.. Hopefully they have a few years before they start trading.. One hayseed is just enough to leave some pennies on the the table.... two- three hayseeds...well, that would mean I have to put in some extra hours..


Ja..
Memories caught in time but never forgotten
  • #333
  • Jul 5, 2015 4:02pm Jul 5, 2015 4:02pm
handy zigzag indicator below is compliments of bigblackfeet ...... see this link for precautions....

Hey hayseed ,

thanks for posting this. Could u pls eloberate on the red and green lines from the blackfootZigZag-indi?

best regards

Thalaton

P.S.

I see you have taken some eur shorts at a leverage of 1:8 on friday. So with the Greek vote coming and the possible up or down gap on eur could u explain the thought process behind the decision?
  • #334
  • Jul 5, 2015 4:04pm Jul 5, 2015 4:04pm
Ok turns out it was a good bet
  • #335
  • Jul 5, 2015 4:58pm Jul 5, 2015 4:58pm
Quoting Thalaton
Could u pls eloberate on the red and green lines from the blackfootZigZag-indi? best regards Thalaton P.S. I see you have taken some eur shorts at a leverage of 1:8 on friday. So with the Greek vote coming and the possible up or down gap on eur could u explain the thought process behind the decision?
//---

hey thalaton.... the account was way to eur short so i cut them in half friday evening..... even though i personally felt comfortable that the eur would gap down, there was a good chance it might gap up.... small accounts can't take chances.....

my thoughts were if it gapped up a few hundred pips i could re short at that new price being now several hundred$ better off than if i had held all fridays positions.... if it gapped down, i could close the remaining half and more than cover the fridays loss plus make several hundred....

so by cutting them in half, it was a win win situation..... the only negative was that if the market did gap down, i'd make half as much.... to me, making half as much is not a negative.... keeps the broker happy.....
//-----


the red line is the highest high over the lookback period.... the green is the lowest low over the lookback period.... the look back period is the input 'dist', which is 24 by default....

put it on the daily eurusd chart and change dist to 6 which means find the highest and lowest over the past 6 bars...... depending on broker, the highest and lowest should be last monday....
//----

now we just need leguarde, merkel and draghi hand out hope.... that should close the gaps....h
to trade and code, keep both simple... no call to impress....h
  • #336
  • Jul 6, 2015 12:59am Jul 6, 2015 12:59am
Quoting hayseed
//----- from the fwiw dept, one of the absolute best scalping buy signals i've ever discovered is for the qqe to cross above 50 when the 12,5,3 zigzag has not printed an up leg..... the companion scalping sell signal is the qqe crossing below 50 when the 12,5,3 zigzag has not printed a down leg..... depending on the daily and weekly trend i will often replace 50 with cross above 48 to buy, and cross below 52 to sell.....
//-----

down leg example on the usdjpy.... the lower the lower the timeframe the lower the expected pip movement.... 15 minute is usually the lowest worthwhile, for me....h
//----
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdjpy qqe no zz.png Size: 201 KB
Click to Enlarge Name: final.png Size: 57 KB
to trade and code, keep both simple... no call to impress....h
  • #337
  • Jul 6, 2015 5:36am Jul 6, 2015 5:36am
Hayseed, i have been following you for 11 months now, i read this thread every other day to see your post, it seems like you have mastered trading and i still dont understand your method fully, i dont care about entries but i dont understand your exits and why you sometimes exit on a loss, at times im scared to ask you some questions because i dont wana seem anoying, and also if you can, can you post your EA for entry and exits, what ive gathered is that entry isnt so much important, obviously a higher edged entry is better, then when price goes against you you add more positions, how many pips do you wait for price to go against you before you add? and you move your tp as you add to a position?
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #338
  • Jul 6, 2015 6:31am Jul 6, 2015 6:31am
Quoting Soros
i dont understand your exits and why you sometimes exit on a loss, at times im scared to ask you some questions because i dont wana seem anoying, and also if you can, can you post your EA for entry and exits, what ive gathered is that entry isnt so much important, obviously a higher edged entry is better, then when price goes against you you add more positions, how many pips do you wait for price to go against you before you add? and you move your tp as you add to a position?
//-----

hey soros..... you will not seem anoying.... very often the question you ask will be in the minds of others..... so we all benefit when you ask.....

the ea's i run would be of little use to anyone other than me because there is so much tied to them..... they are not like any ea on the net.... every indicator has been rewritten to give buy, sell, or wait alerts each time it is called by the ea....

the signals will be very difficult to see because many are obscure.... we can all see in an instant the standard macd crossing it's signal line..... but who would think of looking for the macd+50 crossing the qqe....

or who would think of the qqe crossing 50 without a zigzag confirming leg.....

or the cmo+cci crossing above/below a level....

some signals are based on average lengths, so countertrend orders are placed at or near those past average values.... it looks like i'm placing more orders as the price goes against me because of these average lengths....

//-----

the exits are somewhat easier.... usually the exits will be near a projected zigzag point..... so if there are 12 orders and the 4 hour zigzag has gone 2 times it's average length it might be a good time to unload a few....

or if there are 12 open orders and a new signal comes along with a projected target of 60 pips, all orders will have their targets modified to 1/3 or less.... often that will be 10 or 20 pips....

if there is a high risk of retracement, most orders will be closed and quite often a new order will be opened immediately .... this order is just a place holder for reference....

sometimes the most profitable trade available is to exit at a loss so you are free to reenter at a better price......h
to trade and code, keep both simple... no call to impress....h
  • #339
  • Jul 6, 2015 11:42am Jul 6, 2015 11:42am
Quoting hayseed
{quote} //---- hey j.... use the one below... you can edit out the profit part if you want..... changing between time frames readjusts figures.... zigzag math indicators were/are notorious for locking up the platform, on prior versions .... so take care..... the latest platform versions are much improved and will often kick off the offending ea or indicator.... it's not fool proof however....h //----- {quote} //----- todays examples below....h //----
Thanks for this useful indicator. I have couple of requests and wondering if it is possible to add these features in this indicator:

1) Is it possible to add feature to get average zig zag length for last 20 or 30 up and down waves. Currently the indicator is calculating average length from first wave. The reason I want this is to analyze recent average wave length based on current price volatility.

2) Is it possible to add feature get separate average zig zag length for up move and down move. For example if price is in downtrend on a particular time frame and price is making lower highs and lower lows for a longer period of time, then the average down move would be higher as compare to up move. So the separate average length feature could be useful.

Looking forward for your reply.
The purpose of knowledge is action, not knowledge
  • #340
  • Jul 7, 2015 8:44am Jul 7, 2015 8:44am
Quoting alifari
1) Is it possible to add feature to get average zig zag length for last 20 or 30 up and down waves.
2) Is it possible to add feature get separate average zig zag length for up move and down move. .
//-----

hey alifari.... if you change the input 'printvalues' to true, it will print to the experts tab each legs price point and the average up to that point....

i have written one that separated the up legs from the down legs and average each separately..... would have to look around and find it.... it was useful for the very reason you mentioned....

separating gives a more accurate figure ..... even an extra 0.1% per trade over many years has a tremendously positive effect.... when considering elliot's abc wave pattern, wave c is usually much longer than b....

now days i just factor in an extra 20% for the impulse wave and subtract 20% for the corrective from the average.....

will scratch around and see if i can find it and post later.....h
to trade and code, keep both simple... no call to impress....h
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