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Dynamic Fibonacci Grid

  • #341
  • Oct 24, 2015 1:42pm Oct 24, 2015 1:42pm
Aaaand another version of combined version.
If you like it i can do build
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2ccc7a5ca338909d24f63d827405fd33.png Size: 188 KB
Click to Enlarge Name: 5d4ea9a4d633c8bee4d263a7384452cd.png Size: 190 KB
Stay hungry to be free...
  • #342
  • Edited Oct 25, 2015 3:36am Oct 24, 2015 4:23pm | Edited Oct 25, 2015 3:36am
Quoting Retlaw
{quote} Here is the update: - Added the box like asked. - Added some additional color schemes I included a profile as an example. Enjoy! Walter {file} {image} {image}
Retlaw,
Thanks for your development.
Please tell me is it possible to make the adviser independent from Magic number.
If it posible, Please fix Advisor code. Code must check the following:
1. Magic number of orders.
2. Currency pair of opened orders.

For example, if we have opened 28 chart. EURUSD and USDJPY and all others. And everywhere Magic number =1. Advisor will not work correctly....

If you add to code rule for check by currency pair:
Adviser will review open orders, not only by Magic, but by currency pair. In this situation, there should be no errors in the determination of open orders (your / someone else).
If you use a utility like on the screenshot above, it would be impossible for each currency pair make different Magic.
I apologize in advance, I am not an Englishman
Thank you.
Stay hungry to be free...
  • #343
  • Edited 7:15am Oct 25, 2015 2:54am | Edited 7:15am
Hi alphaomega
I do not know English . But I can translate text with Google. Textual guide you. I would refer to it.
Possible explanation. What is the purpose of(L1 - L7 )
Thanks
  • #344
  • Oct 25, 2015 2:57am Oct 25, 2015 2:57am
Quoting denya
{quote} Retlaw, Thanks for your development. Please tell me whether it is possible to make the adviser independent from Magic. Please fix the code Advisor code to check the following: 1. Magic. 2. Currency pair. For example, we have opened 2 chart. EURUSD and USDJPY. Everywhere Magic =1. Now Advisor will not work correctly.... If you add a check by currency pair: Since Advisor is installed on different pairs, errors in the advisor will not arise. Thank you.

Hi denya- can you please explain how to read these lines- i have go through the post but did not get very much or not able to understand did not know much English - i hope you can explain-
  • #345
  • Oct 25, 2015 3:27am Oct 25, 2015 3:27am
Quoting ppuruswani
{quote} Hi denya- can you please explain how to read these lines- i have go through the post but did not get very much or not able to understand did not know much English - i hope you can explain-
I have edited the previous post. Now you understand?
Stay hungry to be free...
  • #346
  • Oct 25, 2015 5:20am Oct 25, 2015 5:20am
Quoting denya
{quote} I have edited the previous post. Now you understand?

Thanks
  • #347
  • Oct 25, 2015 5:30am Oct 25, 2015 5:30am
Quoting denya
{quote} Retlaw, Thanks for your development. Please tell me is it possible to make the adviser independent from Magic number. If it posible, Please fix Advisor code. Code must check the following: 1. Magic number of orders. 2. Currency pair of opened orders. For example, if we have opened 28 chart. EURUSD and USDJPY and all others. And everywhere Magic number =1. Advisor will not work correctly.... If you add to code rule for check by currency pair: Adviser will review open orders, not only by Magic, but by currency pair. In this situation, there...
Is already working like this, it also checks the currency of the pair.
You only have to go through your charts once, to set a different magic number
  • #348
  • Oct 25, 2015 5:48am Oct 25, 2015 5:48am
Quoting Retlaw
{quote} Is already working like this, it also checks the currency of the pair. You only have to go through your charts once, to set a different magic number
As I wrote earlier, unfortunately it would be impossible for each currency pair make different Magic.
Tool from screen upload a template directly on all currency pairs. Therefore, the Magic will be the same on all 28 currency pairs.
Well, if nothing can be done, then I will postpone development of build.
Stay hungry to be free...
  • #349
  • Oct 25, 2015 6:18am Oct 25, 2015 6:18am
Quoting denya
{quote} As I wrote earlier, unfortunately it would be impossible for each currency pair make different Magic. Tool from screen upload a template directly on all currency pairs. Therefore, the Magic will be the same on all 28 currency pairs. Well, if nothing can be done, then I will postpone development of build.
But it IS independent from magic number because it looks for the pair too to manage positions.
Nevertheless I will delete the magic number input and manage that behind the scenes
  • #350
  • Oct 25, 2015 6:56am Oct 25, 2015 6:56am
Quoting Retlaw
{quote} I'll look into that Mike. Have a nice weekend folks!
Hi Retlaw,

Please also see if it is possible to add:

1) set SL and TP by number of PIPS.
For example: SL = 20 pips and TP = 40 Pips

2)The possibility to instruct the TM to bring SL to break even when profits reaches a certain number of pipis.
For example if profits equal do 20 pips then brings SL to BE and as from as that point user could turn on the trailing if desirable.

Sorry for my english...
  • #351
  • Edited 9:53am Oct 25, 2015 7:32am | Edited 9:53am
Quoting Idris.Brazil
{quote} Hi Retlaw, Please also see if it is possible to add: 1) set SL and TP by number of PIPS. For example: SL = 20 pips and TP = 40 Pips 2)The possibility to instruct the TM to bring SL to break even when profits reaches a certain number of pipis. For example if profits equal do 20 pips then brings SL to BE and as from as that point user could turn on the trailing if desirable. Sorry for my english...
1. Already does that although it is in points. See screen shot. Set "StopLossPoints" and then set "RiskReward" to determine where the TP goes.
And after it puts the SL and TP lines on the chart, you can drag them to modify. (see second screen shot)
Also see the WaltTradeManager Explanation in the ZIP file.
2. The purpose of the TradeManager is to manually trade so you got to watch it and as soon as you think it should start trailing, you hit the TRAIL button (it shows the # of pips / money on the chart) and it will bring the SL to Break Even, and keeps trailing from there until you disable the trailing again.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: set SL TP.PNG Size: 74 KB
Click to Enlarge Name: set SL TP 2.PNG Size: 86 KB
  • #352
  • Oct 25, 2015 8:39am Oct 25, 2015 8:39am
Quoting Retlaw
{quote} 1. Already does that although it is in points. See screen shot. Set "StopLossPoints" and then set "RiskReward" to determine where the TP goes. And after it puts the SL and TP lines on the chart, you can drag them to modify. (see second screen shot) Also see the WaltTradeManager Explanation in the ZIP file. 2. The purpose of the TradeManager is to manually trade so you got to watch it and as soon as you think it should start trailing, you hit the TRAIL button (it shows the # of piips / money on the chart) and it will bring the SL to Break...
Hello Retlaw,

I think I have understood - Thanks (I will test my understanding during next week). Taking the example of SL = 20 and TP= 40 it seems I will have to calculate the percentage of risk and reward for each pair and them insert the found values on the parameters tab accordingly.

Please inform how the trailing step works once trail button is hit.

Ps: it would be very good if the TM could perform the item 2 automatically.. please consider that if you decide to add more features to this tool in future.

Again.. many thanks!
  • #353
  • Oct 25, 2015 8:50am Oct 25, 2015 8:50am
Confused!!! Really... dont understand how to trade or how to read price movement with this Dynamic Fib indi....

I watched the video but in even DEMO account i am really confused!?!?
It is the dust where you came from & it is the dust where you shall return
  • #354
  • Oct 25, 2015 8:58am Oct 25, 2015 8:58am
Quoting infernal199
Confused!!! Really... dont understand how to trade or how to read price movement with this Dynamic Fib indi.... I watched the video but in even DEMO account i am really confused!?!?
Try these:

Part 1
Inserted Video


Part 2
Inserted Video
  • #355
  • Oct 25, 2015 9:53am Oct 25, 2015 9:53am
Quoting Idris.Brazil
{quote} Hello Retlaw, I think I have understood - Thanks (I will test my understanding during next week). Taking the example of SL = 20 and TP= 40 it seems I will have to calculate the percentage of risk and reward for each pair and them insert the found values on the parameters tab accordingly. Please inform how the trailing step works once trail button is hit. Ps: it would be very good if the TM could perform the item 2 automatically.. please consider that if you decide to add more features to this tool in future. Again.. many thanks!
You don't have to calculate the percentage of risk and reward. The risk is what you set in the "Risk" parameter in the settings( (or on the chart in the top left input field)
As for the trailing stop I already explained here above: "2. ...... as soon as you think it should start trailing, you hit the TRAIL button (it shows the # of piips / money on the chart) and it will bring the SL to Break Even, and keeps trailing from there until you disable the trailing again.".
But will consider every remark
  • #356
  • Oct 25, 2015 10:16am Oct 25, 2015 10:16am
Quoting ForexScotty
{quote} Try these: Part 1 https://www.youtube.com/watch?v=6jruGRQM5Ck Part 2 https://www.youtube.com/watch?v=Xixee6qTDlU
Hi
can you post your template or your settings indicator
Thanks
  • #357
  • Oct 25, 2015 10:25am Oct 25, 2015 10:25am
Quoting ahhamidz
{quote} Hi can you post your template or your settings indicator Thanks
The videos are from MrTigerTrader youtube channel that shows how a chart like these created here can be used.

I used a compilation of what has been created in this forum.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 47 KB


If you have loaded each of the different styles from this forum, than my template should work for you.

Enjoy!
Attached File(s)
File Type: tpl 1 - Fib Grid Template.tpl   13 KB | 758 downloads
  • #358
  • Oct 25, 2015 10:44am Oct 25, 2015 10:44am
Quoting ForexScotty
{quote} The videos are from MrTigerTrader youtube channel that shows how a chart like these created here can be used. I used a compilation of what has been created in this forum. {image} If you have loaded each of the different styles from this forum, than my template should work for you. Enjoy! {file}
Thanks for support
  • #359
  • Oct 25, 2015 10:49am Oct 25, 2015 10:49am
Quoting Retlaw
{quote} You don't have to calculate the percentage of risk and reward. The risk is what you set in the "Risk" parameter in the settings( (or on the chart in the top left input field) As for the trailing stop I already explained here above: "2. ...... as soon as you think it should start trailing, you hit the TRAIL button (it shows the # of piips / money on the chart) and it will bring the SL to Break Even, and keeps trailing from there until you disable the trailing again.". But will consider every remark

Hi Retlaw,

Tks so much.

I will test and see if I have got it.
  • #360
  • Oct 25, 2015 1:38pm Oct 25, 2015 1:38pm
Quoting ahhamidz
Hi alphaomega I do not know English . But I can translate text with Google. Textual guide you. I would refer to it. Possible explanation. What is the purpose of(L1 - L7 ) Thanks

Ahhamidz there are hundreds of videos of live trades here under the "archive" list on the right side. This is a site that our friend Alphaomega recommends to us. Just watch and maybe you can learn a lot even without knowing English. I am also just learning too.

http://www.forexmalibu.com/
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