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00 Level Trading: EsikeM30Bomb

  • #1,221
  • Edited 12:08pm Oct 5, 2015 11:44am | Edited 12:08pm
Quoting Vlad13685
{quote} I think it was a good set up. I took the trade, but on a demo account just for practice - I would not have taken it on a live account because like you say it is after close of business. Vlad {image}
Dear Vlad,

Is like we are on the same page now, doing the same thing:

EURUSD (M15) +31.7pips.


Cheers,
Yomi.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 56 KB
Time always comes before price
  • #1,222
  • Oct 5, 2015 11:46am Oct 5, 2015 11:46am
Quoting fxrabbi
{quote} Dear Vlad, Is like we are on the same page now, during the same thing: EURUSD (M15) +31.7pips. Cheers, Yomi. {image}
  • #1,223
  • Oct 5, 2015 11:47am Oct 5, 2015 11:47am
Quoting marcoFF
{quote} +15
That is the way, Brother, arise and repeat



Yomi.
Time always comes before price
  • #1,224
  • Oct 5, 2015 9:27pm Oct 5, 2015 9:27pm
Quoting marcoFF
{quote} +15 I have two newbie question, I use to place 00levels15mBuy/Sell to place order. That takes settings from SetUdinesGlobal? Because all time I open SetUdinesGlobal it show always the original 00 settings (5/10 and wukar settings). How work the lock-in pips? It set be@+15 and after trail?
1) the scripts are for placing orders.
2) the expert adviser (EA) is for managing a trade after the script opens the trade. (So, "sleep tight" or other EA will move your stop loss (SL) to break even or 15 pips or whatever you set it at.)
hope this helps. -Jason
  • #1,225
  • Oct 5, 2015 10:16pm Oct 5, 2015 10:16pm
Morning everyone!

Here is a new EA that can be used with this method.

It manages the trade, just like sleeptight and trade manager, however it has additional buttons on the screen that allow you to place trades instead of using the script. The buttons work as follows:

Buy .100 = Place pending buy order at the next .100 level
Buy .50 = Place pending buy order at the next .50 level
Buy .25 = Place pending buy order at the next .25 level
Buy = Buy at market price
Sell = Sell at market price
Sell .25 = Place pending sell order at the next .25 level
Sell .50 = Place pending sell order at the next .50 level
Sell .100 = Place pending sell order at the next .100 level

If you cannot see the buttons, please adjust the Offset X and Offset Y vales in the EA inputs until you can.

You also adjust your TP/SL and money management settings in the EA inputs tab.

Please test is out first before using it on a live account, and let me know if there are any bugs?

Vlad
Attached Image
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File Type: mq4 EsikeM15Bomb EA.mq4   46 KB | 343 downloads
  • #1,226
  • Oct 5, 2015 10:35pm Oct 5, 2015 10:35pm
Quoting Vlad13685
Morning everyone! Here is a new EA that can be used with this method. It manages the trade, just like sleeptight and trade manager, however it has additional buttons on the screen that allow you to place trades instead of using the script. The buttons work as follows: Buy .100 = Place pending buy order at the next .100 level Buy .50 = Place pending buy order at the next .50 level Buy .25 = Place pending buy order at the next .25 level Buy = Buy at market price Sell = Sell at market price Sell .25 = Place pending sell order at the next .25 level...
Thanks Vlad. This is a very nice addition.
  • #1,227
  • Oct 6, 2015 1:25am Oct 6, 2015 1:25am
Quoting Vlad13685
{quote} I think it was a good set up. I took the trade, but on a demo account just for practice - I would not have taken it on a live account because like you say it is after close of business. Vlad {image}
Thanks,

I'm glad I'm seeing the same thing as you and Yommi.
And thank you for the script Vlad, will test it out

cheers

Ron
  • #1,228
  • Oct 6, 2015 1:35am Oct 6, 2015 1:35am
Thx much Yomi and Vlad...will test first chance.

  • #1,229
  • Oct 6, 2015 2:22am Oct 6, 2015 2:22am
Quoting Vlad13685
Morning everyone! Here is a new EA that can be used with this method. It manages the trade, just like sleeptight and trade manager, however it has additional buttons on the screen that allow you to place trades instead of using the script. The buttons work as follows: Buy .100 = Place pending buy order at the next .100 level Buy .50 = Place pending buy order at the next .50 level Buy .25 = Place pending buy order at the next .25 level Buy = Buy at market price Sell = Sell at market price Sell .25 = Place pending sell order at the next .25 level...
Hi Vlad and thanks for your job. Can I ask why you have included the nect .25 level and the buy/sell market place?
  • #1,230
  • Oct 6, 2015 2:38am Oct 6, 2015 2:38am
Quoting Vlad13685
Morning everyone! Here is a new EA that can be used with this method. It manages the trade, just like sleeptight and trade manager, however it has additional buttons on the screen that allow you to place trades instead of using the script. The buttons work as follows: Buy .100 = Place pending buy order at the next .100 level Buy .50 = Place pending buy order at the next .50 level Buy .25 = Place pending buy order at the next .25 level Buy = Buy at market price Sell = Sell at market price Sell .25 = Place pending sell order at the next .25 level...
Good morning All,

Our friend has done it again with his magic hands, and super-brain.


Thank you Mr. Richard (Vlad).


PPS: I will be back soon with a new template for uniformity, so that we can all be on the same page, doing the same thing: trading.


Yomi.
Time always comes before price
  • #1,231
  • Oct 6, 2015 2:52am Oct 6, 2015 2:52am
Quoting fxrabbi
{quote} Good morning All, Our friend has done it again with his magic hands, and super-brain. Thank you Mr. Richard (Vlad). PPS: I will be back soon with a new template for uniformity, so that we can all be on the same page, doing the same thing: trading. Yomi.
  • #1,232
  • Oct 6, 2015 2:53am Oct 6, 2015 2:53am
The new template is in post 1 on page 1.



Happy Trading.


Yomi.
Time always comes before price
  • #1,233
  • Edited 10:20am Oct 6, 2015 3:29am | Edited 10:20am
Overview of the new trading method:


1. Window 1:
* This contains our original 00 level trading indicators


2. Window 2:
* EsikeM15DanceMirror (coded by Vlad).
* 00levelMirror (coded by Vlad).
* This contains our trade/trend filters.
* The two indicators has to be in agreement.
* When these are in agreement it show:
i.) Strength.
ii.) Momentum.
iii.) Good Trend.


3. Window 3:
* MACD.


4. Window 4:
* News indicator.

5. Entrance:

1. M30/M15 level 1.
2. 5ema.
3. Both.
4. Kingpips closed and supported by signal on window 2 ( This require experience: see post 1,255).


6. Money/Trade Management:

1. TP = 25pips.
2. BE/Lock-in pips = 15pips.
3. SL = 10pips.
4. Daily Target = 25/30pips.
5. Stop trading for the day after 3 consecutive losses.


7. Counterindications:

1. News.
2. "Porcupine" candles.
3. Support/Resistance Ahead. (BRN, Pivot)
4. Trading Hours.


Happy Trading,
Yomi
Time always comes before price
  • #1,234
  • Oct 6, 2015 3:43am Oct 6, 2015 3:43am
Quoting fxrabbi
The new template is in post 1 on page 1. Happy Trading. Yomi.
Hi Yomi,

thanks for the template and all the stuff.

One suggestion: Could you please upload a screenshot with the indicators? Since I categorize my indicators in different folders this would be really helpful.

  • #1,235
  • Oct 6, 2015 4:07am Oct 6, 2015 4:07am
Quoting Vlad13685
Morning everyone! Here is a new EA that can be used with this method. It manages the trade, just like sleeptight and trade manager, however it has additional buttons on the screen that allow you to place trades instead of using the script. The buttons work as follows: Buy .100 = Place pending buy order at the next .100 level Buy .50 = Place pending buy order at the next .50 level Buy .25 = Place pending buy order at the next .25 level Buy = Buy at market price Sell = Sell at market price Sell .25 = Place pending sell order at the next .25 level...
so far so good. levels seem to be working (including market). lock-in pips working. works for multiple trades at once too. -jason
  • #1,236
  • Oct 6, 2015 4:20am Oct 6, 2015 4:20am
It's possible to add a allarm when the system match the condition for buy or sell?
  • #1,237
  • Oct 6, 2015 4:33am Oct 6, 2015 4:33am
Thanks Yomi,

so basically we just wait till window 2 (the 2 indicator in agreement), and window 3 to give signal

then we look at our entry trigger (5ema, level 1 or both) considering other rules of course.

then we buy/sell at 00 or 05 level and let EA do its thing.

Is that correct?
  • #1,238
  • Oct 6, 2015 4:34am Oct 6, 2015 4:34am
Quoting RonD
Thanks Yomi, so basically we just wait till window 2 (the 2 indicator in agreement), and window 3 to give signal then we look at our entry trigger (5ema, level 1 or both) considering other rules of course. then we buy/sell at 00 or 05 level and let EA do its thing. Is that correct?

Yes
Time always comes before price
  • #1,239
  • Oct 6, 2015 4:45am Oct 6, 2015 4:45am
Quoting fxrabbi
{quote} Yes
Nice system Yomi, thanks again.

Clear setup and entry, leaving little room for discretion, good R:R
Good job in the 00 method modification

cheers

Ron
  • #1,240
  • Oct 6, 2015 4:53am Oct 6, 2015 4:53am
Quoting bapakjason
{quote} so far so good. levels seem to be working (including market). lock-in pips working. works for multiple trades at once too. -jason
Great thanks

I have picked up a bug with the pending orders, where it can place trades too close to price sometimes... I will fix this tonight and send update.

Vlad
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