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00 Level Trading: EsikeM30Bomb

  • #1,141
  • Oct 2, 2015 5:45am Oct 2, 2015 5:45am
Quoting 4xgmp
{quote} "Baton rouge" means "Red stick" in French!

LOL....I had to go read up on Red Stick been few decades since school. "European history of Baton Rouge dates to 1699, when French explorer Sieur d'Iberville led a party up the Mississippi River and saw a reddish cypress pole festooned with bloody animals and fish; it marked the boundary between the Houma Tribe and the Bayougoula hunting grounds. The French called the landmark tree le bton rouge, (red stick). " Indians marked trees, French named it.


Yomi got new template coming.

thx
  • #1,142
  • Oct 2, 2015 6:11am Oct 2, 2015 6:11am
Quoting fxrabbi
This will be our new way of trading 00Level Trading now. I will release the template soon. The new rule will be: 1. Your post will be accordance with the new template. 2. Only trade/post the 4 core pairs: EURUSD, EURJPY, GBPUSD & GBPJPY. {image}


Hi !!!

I propose to include the indicator in the trading system, you need to choose the first option 2, arrow control (35-70, 5-34). The signal is not redrawn.
Attached File(s)
File Type: ex4 __MadroGoldenFilter.ex4   14 KB | 254 downloads
File Type: mq4 __MadroGoldenFilter.mq4   6 KB | 267 downloads
  • #1,143
  • Oct 2, 2015 6:33am Oct 2, 2015 6:33am
The new template is in page/post 1.
Time always comes before price
  • #1,144
  • Oct 2, 2015 6:34am Oct 2, 2015 6:34am
Quoting fxrabbi
{quote} Who is this, please delete this post.


Why ????
  • #1,145
  • Oct 2, 2015 6:36am Oct 2, 2015 6:36am
I don't want this place/thread to be a dumping site for just any indicators, If you have any thing good for us, please get in touch with me first, through PM.



Yomi.
Time always comes before price
  • #1,146
  • Oct 2, 2015 6:48am Oct 2, 2015 6:48am
Trade Trigger:

1. M30 level 1.

2. 5ema.

3. Both.


Yomi.
Time always comes before price
  • #1,147
  • Oct 2, 2015 6:50am Oct 2, 2015 6:50am
Trade Filter.

1. MACD.

2. Wilder DMI.


Yomi.
Time always comes before price
  • #1,148
  • Oct 2, 2015 6:56am Oct 2, 2015 6:56am
Components of Wilder DMI:


1. +DMI = SkyBlue - Direction.

2. -DMI = Pink - Direction.

3. ADX = Red - Strength.

4. ADXr = Dotted Red - Momentum.




Yomi.
Time always comes before price
  • #1,149
  • Edited 7:18am Oct 2, 2015 7:03am | Edited 7:18am
Trading Signal of DMI:

1. Assessing price direction and strength.

2. DMI tells us when to be long and short.

3. DMI tells us when not to be in the market.


Yomi.
Time always comes before price
  • #1,150
  • Oct 2, 2015 7:10am Oct 2, 2015 7:10am
Thanks Yomi. I am scrolling back in time and it looks pretty good!!!
  • #1,151
  • Edited 11:32am Oct 2, 2015 7:12am | Edited 11:32am
Buy:

1. +DMI above 20 line.

2. -DMI below 20 line.

3. ADX above 20 line (below +DMI).

4. ADXr above 20 line.



Sell:

1. -DMI above 20 line.

2. +DMI below 20 line.

3. ADX above 20 line (below -DMI).

4. ADXr above 20 line.


When Not to be in the market:

1. +DMI - any where.

2. -DMI - any where.

3. ADX - below 20 line.

4. ADXr - below 20 line.



Yomi.
Time always comes before price
  • #1,152
  • Oct 2, 2015 7:17am Oct 2, 2015 7:17am
This is the way...........




NB: I did not take this trade because of the NFP news that is coming soon.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM30.png Size: 70 KB
Time always comes before price
  • #1,153
  • Oct 2, 2015 7:25am Oct 2, 2015 7:25am
Please if you want to post your trades here, ONLY use the template( + indicators) on page/post 1.
Time always comes before price
  • #1,154
  • Oct 2, 2015 7:33am Oct 2, 2015 7:33am
Please take note of the attached chart.

The ADX should be below +DMI/-DMI lines on top of 20 line.



Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: 2.png Size: 70 KB
Time always comes before price
  • #1,155
  • Oct 2, 2015 7:35am Oct 2, 2015 7:35am
Quoting fxrabbi
Please if you want to post your trades here, ONLY use the template( + indicators) on page/post 1.
I'm in. Will set it up and post my trade here.

Thanks again for the help

cheers

Ron
  • #1,156
  • Oct 2, 2015 7:49am Oct 2, 2015 7:49am
Quoting fxrabbi
Please take note of the attached chart. The ADX should be below +DMI/-DMI lines on top of 20 line. Yomi. {image}
Do you still look at the stochs?
  • #1,157
  • Oct 2, 2015 7:52am Oct 2, 2015 7:52am
Money/Trade Management:

1. TP = 30pips.

2. SL = 15pips.

3. BE/Lock-in pips = 15pips.


Yomi.
Time always comes before price
  • #1,158
  • Oct 2, 2015 7:54am Oct 2, 2015 7:54am
Quoting RonD
{quote} I'm in. Will set it up and post my trade here. Thanks again for the help cheers Ron

Thank you Sir.



Yomi.
Time always comes before price
  • #1,159
  • Oct 2, 2015 7:59am Oct 2, 2015 7:59am
Quoting 4xgmp
{quote} Do you still look at the stochs?

Every thing that I do here, I always put the newbie/struggling traders in mind first. I think we should only focus on this new template. I'm doing this for them.



Yomi.
Time always comes before price
  • #1,160
  • Oct 2, 2015 8:04am Oct 2, 2015 8:04am
Quoting fxrabbi
This is the way........... NB: I did not take this trade because of the NFP news that is coming soon. {image}
Hi Yomi,

Do you want me to modify the WilderDMI to make it easier to read? Red/Green Blocks etc?

If so what would your preference be for the visualisation? Histogram like the ASH / PTO?

Vlad
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