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As simple as possible: 00 level trading

  • #32,141
  • Jul 6, 2015 3:22am Jul 6, 2015 3:22am
Trade #1 o/t day: EURUSD to TP.

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 44 KB
Wisdom begins in wonder
  • #32,142
  • Jul 6, 2015 4:34am Jul 6, 2015 4:34am
Hi nasap, you're latest reply made me thinking..
Can you please tell me what is you're winrate when you only count the 4 "Udine" pairs from this thread?
Persistence will get it. Consistency will keep it.
  • #32,143
  • Jul 6, 2015 4:34am Jul 6, 2015 4:34am
Quoting mkfx
{quote} Thanks Nasap for replying my queries. In order to do back testing of some thoughts I need history of Currency strength data. Where can I get history of currency strength meter data of currency Strength-giraia Or is there any workaround to get the number. Thanks MK Thanks
Imho strength meter can not be back tested, it will always show strength of up to date data / price.

nasap
The little nut in your head is called brain. Use it!
  • #32,144
  • Jul 6, 2015 5:14am Jul 6, 2015 5:14am
Bon dia,

First trade of the week, EUR/JPY to TP. With a SL of 10 pips it was a loser trade but I put SL 15 pips away instead of 10. Comments?
Attached Image (click to enlarge)
Click to Enlarge Name: Captura de pantalla 2015-07-06 a las 12.10.30.png Size: 93 KB
  • #32,145
  • Jul 6, 2015 5:54am Jul 6, 2015 5:54am
Quoting Chake
Hi nasap, you're latest reply made me thinking.. Can you please tell me what is you're winrate when you only count the 4 "Udine" pairs from this thread?
The 4 core is ~33% of all trades with only 1 loser on GBPUSD on 2015.04.13 until today in 2015. Avg. trades / week 68 (all pairs).

nasap
The little nut in your head is called brain. Use it!
  • #32,146
  • Jul 6, 2015 5:54am Jul 6, 2015 5:54am
Quoting nasap
{quote} [...] Of course I have to say it was still the beginning and I don't know how it would work today, after all the development. The main problems have been all those false break outs. But that was the past, I look confidently to a bright future. The 2nd system (STB) uses pending orders too but is much closer to the market price and doesn't use the 00 / 50 levels. It uses pure PA in combination with correlation and strength. I don't use it very often, sometimes when I'm in the mood to fetch some pips manually. nasap...
Hi nasap,

In your experience what worked best to filter those false breakouts? high enough momentum of the currencies of the pair (using absolute currency strength?), relative strength/weakness of the currencies ("giraia" style), related pairs being in sync, using pending/stop orders instead of market orders, something else?

Thank you and good pips,
Jaime
  • #32,147
  • Jul 6, 2015 6:40am Jul 6, 2015 6:40am
Quoting Emmpoli
@ Eric, Mastermind and any good spirited individual, i set ''break even'' to true. see what happen. price almost reached take profit and reversed back. The break even did not trigger, the Ts did not also trigger to protect my profit. what am i not doing right? Edit: my entry was on the second to the last candle which almost touched TP. {image}
I recommend using 1.3.2, otherwise you need to include a Magic Number which you can only do with the order scripts. That should solve the problem.
  • #32,148
  • Jul 6, 2015 7:34am Jul 6, 2015 7:34am
Quoting ericjschroed
{quote} I recommend using 1.3.2, otherwise you need to include a Magic Number which you can only do with the order scripts. That should solve the problem.
Hi ericjschroed,

I don't know if you could help me with a scripts for placing order at market price with adjustable MM, and also use set hotkey. Any other person that have this can share also. thanking you in advance.

Yomi
Time always comes before price
  • #32,149
  • Jul 6, 2015 7:35am Jul 6, 2015 7:35am
nzd/chf (had a TP at 6pips but trailed super close manually):

Attached Image (click to enlarge)
Click to Enlarge Name: NZDCHF+M30.png Size: 108 KB


Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: MADash nzd.png Size: 197 KB
  • #32,150
  • Jul 6, 2015 7:37am Jul 6, 2015 7:37am
Quoting ericjschroed
{quote} I recommend using 1.3.2, otherwise you need to include a Magic Number which you can only do with the order scripts. That should solve the problem.
1.3.2e version has been working for me today.
  • #32,151
  • Jul 6, 2015 8:02am Jul 6, 2015 8:02am
Quoting jmmac
{quote} Hi nasap, In your experience what worked best to filter those false breakouts? high enough momentum of the currencies of the pair (using absolute currency strength?), relative strength/weakness of the currencies ("giraia" style), related pairs being in sync, using pending/stop orders instead of market orders, something else? Thank you and good pips, Jaime
The main decision was to change fixed filters to dynamic flexible filters. This market is very dynamic and we (our systems) have to be too. Of course we can adjust our systems from time to time (because market conditions change) but this doesn't make sense for me. I need a system I fully can trust and rely on without any intervention.

nasap
The little nut in your head is called brain. Use it!
  • #32,152
  • Jul 6, 2015 8:07am Jul 6, 2015 8:07am
Quoting fxrabbi
{quote} Hi ericjschroed, I don't know if you could help me with a scripts for placing order at market price with adjustable MM, and also use set hotkey. Any other person that have this can share also. thanking you in advance. Yomi
@Yomi

You might like the script in attach.
Open in the editor, change lines 10-12 (TP, SL, lot size), save & compile.
Then drag and drop on the chart at the level you want to open an order.

Hope this helps you & others.

LuXing
Attached File(s)
File Type: mq4 _StopOrders_Mouse 1%.mq4   2 KB | 479 downloads
Wisdom begins in wonder
  • #32,153
  • Jul 6, 2015 8:22am Jul 6, 2015 8:22am
Quoting fxrabbi
{quote} Hi ericjschroed, I don't know if you could help me with a scripts for placing order at market price with adjustable MM, and also use set hotkey. Any other person that have this can share also. thanking you in advance. Yomi
Enjoy... :nerd:
Attached File(s)
File Type: ex4 Buy with SL and TP without conf.ex4   6 KB | 401 downloads
File Type: mq4 Buy with SL and TP without conf.mq4   2 KB | 557 downloads
File Type: ex4 Sell with SL and TP without conf.ex4   7 KB | 460 downloads
File Type: mq4 Sell with SL and TP without conf.mq4   2 KB | 551 downloads
  • #32,154
  • Jul 6, 2015 8:32am Jul 6, 2015 8:32am
Quoting LuXing
{quote} @Yomi You might like the script in attach. Open in the editor, change lines 10-12 (TP, SL, lot size), save & compile. Then drag and drop on the chart at the level you want to open an order. Hope this helps you & others. LuXing {file}
LuXing, Thank you, It's work like magic, when I save and compile, it gives 0 errors, 2 warnings, hope this won't affect it performance. Thank you for your kindness.

Yomi
Time always comes before price
  • #32,155
  • Jul 6, 2015 8:36am Jul 6, 2015 8:36am
Quoting snail69
{quote} Enjoy... :nerd: {file} {file} {file} {file}

Thank you for this....God bless you.


Yomi
Time always comes before price
  • #32,156
  • Jul 6, 2015 9:48am Jul 6, 2015 9:48am
EURJPY and NZDJPY to TP.

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 45 KB
Click to Enlarge Name: Screenshot2.png Size: 43 KB
Wisdom begins in wonder
  • #32,157
  • Jul 6, 2015 11:02am Jul 6, 2015 11:02am
GBPJPY to BE = +10pips

Trade Ideas:

More of a PA stuff....


Cheers,
Yomi
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15.png Size: 58 KB
Time always comes before price
  • #32,158
  • Jul 6, 2015 5:43pm Jul 6, 2015 5:43pm
Quoting gizmo40
Emmpoli, Would you be so kind to point me to where I could access the "pair strength" indicator you have in your screen shot. Thanks in advance. Gizzi {image}
please check your inbox. i have replied. my system crashed but its working properly now. thanks to my good uncle.
  • #32,159
  • Edited 1:59am Jul 7, 2015 1:41am | Edited 1:59am
+ slippage with TP at 6pips (but pushed hard to 8.1):

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD july7.png Size: 106 KB


Attached Image


Attached Image (click to enlarge)
Click to Enlarge Name: gbp usd MADash.png Size: 119 KB
  • #32,160
  • Edited 2:45am Jul 7, 2015 2:25am | Edited 2:45am
1st of the week USD strong and CAD weak
Also got 2nd on EU
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCADM15.png Size: 40 KB
Click to Enlarge Name: EURUSDM15.png Size: 39 KB
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