{quote} What you're suggesting DOES make a lot of sense, I can see where you're coming from, but they would be significant changes, we might be past that stage.. happy to give it some thought though.
Not a Problem. I should have piped up earlier.
- #321
- Oct 22, 2015 4:02pm Oct 22, 2015 4:02pm
Not a Problem. I should have piped up earlier.
WaltTradeManager_v2.1 Hello, Time to give something back to the communityAs promised here is my WaltTradeManager_v2.1 (see earlier post http://www.forexfactory.com/showthre...21#post8550121) Unzip and put the files in the respective folders. Screen shots 1 and 2 have all explanations. Simply drag the EA on a chart. NO NEED TO put the indicators: Dynamic Fibonacci Grid, LAST BAR and SD Levels on the chart, they are loaded from the EA! For your convenience I have also included a profile in the zip. You can use it if you like...
Many tks for great Trade Manager v.2.1.
If I may kindly ask you to consider small improvement (if of course it is not a lot of work ) :
Can yuou please add alternative to point 1: (Risk = % you lose when SL gets hit ) amount of account currency your are willing to lose when SL gets hit eg. 50 USD (adjustable ).
In such case you would have two options: % or currency amount you lose when SL gets hit.
Wishing all of you a lot of green pips
Mike
- #327
- Oct 23, 2015 10:56am Oct 23, 2015 10:56am
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
![Click to Enlarge
Name: 2015-10-23 17_21_55-14031_ WhoTrades-Real2 - [EURUSD.c,M1].png
Size: 22 KB](/attachment/image/1778975/thumbnail?d=1445615807)
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- #328
- Edited Jun 25, 2018 6:00am Oct 23, 2015 11:35am | Edited Jun 25, 2018 6:00am
{quote} Hi Walt, Thank you for this trade manager, I have loaded it with SuperJolts' Money Lanes. Both are great! I have been playing with the settings and was curious if there was a setting (that I have not found) or one that could be added to give a background to the trade manager display? When using the fold out charts on the money lanes, the trade manager can look cluttered. With a background, this should not happen. {image} Just a thought. Kudos to all contributors!
- Added the box like asked.
- Added some additional color schemes
I included a profile as an example.
Enjoy!
Walter
{ copyrighted attachment deleted by staff }
- #330
- Oct 23, 2015 12:02pm Oct 23, 2015 12:02pm
- Joined Aug 2010 | Status: Stare Into the Lights My Pretties! | 795 Posts
Hi, fellows, I must say the tool appeared in this thread is very useful indeed. Of course usage of the tool itself does not give us an additional opportunity to get extra pips, but if used properly, it can give us a vision of the right side of market. Moreover, it can be used as a filter for your entry points. For this brilliant tool we must express our appreciations to Superjolt. Thanks. However, guys, I have some suggestion to discuss. As I am using a little bit different bunch of trading tools, I would like to enhance the SuperJoltMoneyLanes...
The grid already has all information you need(even more than you need
). Adding more info, or changing the original concept will not make it better in any way.(just more complicated) I personally have made A LOT of experiments with different settings, and combinations, only to find that the original concept is always the best. Why? It's simple, and JUST WORKS!Keep things as simple as possible. Learn to work with limited amount of information, and you will become better trader! I even encourage new(or unprofitable) traders to experiment trading on demo, by only watching the current price, and nothing else, no charts, no grid, no indicators...just price. And try to practice good risk management. This way you'll acquire sharper instincts, better focus, and better understanding of the price action. If you learn how to stay around breakeven only using the current price and nothing else, you automatically will be 10 steps ahead of almost everyone else. Then later when you apply the proper tools (the grid), all setups will become obvious to you. You will know automaticaly(subconsciously), when to stay out, when to get in, when to get out, and how to manage the risk.
- #331
- Oct 23, 2015 12:29pm Oct 23, 2015 12:29pm
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
{quote} It's OK to experiment with new things, but some of us have have already walked that path a long time ago........ The grid already has all information you need(even more than you need
I agree upon almost everything you are saying.
Some of SMAs work well at some higher TFs,
the other TFs need another MAs, for example, EMAs,
at last the smaller TFs welcome VWMAs.
Best
D.P.
P.S. However, Original Concept should Stay Original.
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{quote} Here is the update: - Added the box like asked. - Added some additional color schemes
- #333
- Oct 23, 2015 1:11pm Oct 23, 2015 1:11pm
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
![Click to Enlarge
Name: 2015-10-23 21_00_46-14031_ WhoTrades-Real2 - [EURUSD.c,M1].png
Size: 46 KB](/attachment/image/1779055/thumbnail?d=1445623852)
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- #335
- Oct 24, 2015 8:14am Oct 24, 2015 8:14am
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
DR PHOENIX hello friend can put the template
Best
D.P.
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- #337
- Oct 24, 2015 10:03am Oct 24, 2015 10:03am
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
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