¥ • Power System | Forex Factory

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¥ • Power System

  • #1
  • First Post: Edited Nov 5, 2015 6:31am Oct 30, 2015 5:07pm | Edited Nov 5, 2015 6:31am
Attached Image


Yen . Power System

Nothing about trading yen here. We will be measuring major currencies strength in terms of JPY units.

 

  1. Multiple methods of measuring (PC, RSI, HA, ATR ... etc).
  2. Multiple methods of trading
  3. Basket Management
  4. Multiple time frame effect (chain reaction)
  5. Manual and Auto Trading Modes


Draft Version (00)

This is still a draft version to test out. The final system could be completely different. Your input and views will enrich the system as we go a long.

Instructions for Manual Trading (Draft Version):
1. Input Screen Settings:


Attached Image (click to enlarge)
Click to Enlarge Name: YP_wip_inputs.PNG Size: 119 KB

Max Orders is not implemented yet

2. Using the mini Dashboard:

  1. Actionable buttons are only the time frame buttons (M1, M5 ... ALL), and the Close Button. Other buttons are not.
  2. To make a trade on a specific time frame or (ALL tfs), press the time frame button or (ALL button)
  3. The system will buy the strongest currency against the weakest currency under the pressed button
  4. The Close at Profit/Loss can be pressed to close all current orders.



VERSION CONTROL:

  1. Version 00: Post 131.
  2. Version 01: Post 180.

No guts, no glory
  • #2
  • Oct 30, 2015 5:56pm Oct 30, 2015 5:56pm
Quoting abokwaik
Yen - Power System .... Currency strength will be measured for major currencies in terms of JPY units. Trade strongest vs weakest on multi-timeframes. .... to be continued tomorrow
Learn THEN Unlearn
  • #3
  • Oct 30, 2015 9:46pm Oct 30, 2015 9:46pm
Subscribed...
  • #4
  • Oct 31, 2015 1:40am Oct 31, 2015 1:40am
subscribe
if there is market there will be opportunities
  • #5
  • Oct 31, 2015 3:18am Oct 31, 2015 3:18am
Interesting... go on !
  • #6
  • Oct 31, 2015 7:56am Oct 31, 2015 7:56am
Sounds interesting, I'm keen to hear
  • #7
  • Oct 31, 2015 8:49am Oct 31, 2015 8:49am
Woke up late today , and got engaged in some business ...

I am happy to see so many interested ...

Cooking started .. and we shall see something today .. hopefully
No guts, no glory
  • #8
  • Oct 31, 2015 9:31am Oct 31, 2015 9:31am
What have you cooked up now?
  • #9
  • Oct 31, 2015 9:59am Oct 31, 2015 9:59am
I am what Many Dream to be but only a few can achieve, im a part of the 1%
  • #10
  • Oct 31, 2015 10:25am Oct 31, 2015 10:25am
Not subscribed.
  • #11
  • Oct 31, 2015 10:44am Oct 31, 2015 10:44am
It's going to strong or weak..

stronger and weaker..

keep stronger and weaker..

until it end.

Then life is suck as hell.




[but i'm subscribed]
Holy grail, pls pm
  • #12
  • Oct 31, 2015 10:55am Oct 31, 2015 10:55am
Quoting osfx
Interesting... go on !
Hi,
How can I get this H1BreakoutEA? I appreciate your help.
  • #13
  • Oct 31, 2015 11:20am Oct 31, 2015 11:20am
I apologize for the delay ... got many distractions today

However, I managed to build the base for the EA ...

and Here is a snapshot of what's done so far:

Attached Image
No guts, no glory
  • #14
  • Oct 31, 2015 11:28am Oct 31, 2015 11:28am
The System can be traded :

1 - Manually :

  1. via pushing Any Time Frame button, and the EA will buy the strongest currency against the weakest currency for that time frame.
  2. Lot Size, Stop Loss, Trailing Stop, and Target per time frame can be set via different methods
  3. Control on Maximum orders per pair, per tf can also be set

2 - Automatically :

  1. On selected time frames
  2. Same parameters as in Manual Mode can also be set


I don't think I will get the chance to finish today, but hopefully can be up and running before Monday.

No guts, no glory
  • #15
  • Oct 31, 2015 12:07pm Oct 31, 2015 12:07pm
Subscribed
Be Greedy
Dices Return This Week: na
  • #16
  • Oct 31, 2015 12:46pm Oct 31, 2015 12:46pm
Looks interesting...
  • #17
  • Oct 31, 2015 1:52pm Oct 31, 2015 1:52pm
Subscribed!
  • #18
  • Oct 31, 2015 7:52pm Oct 31, 2015 7:52pm
How do you measure strongest and weakest?
  • #19
  • Oct 31, 2015 8:43pm Oct 31, 2015 8:43pm
Quoting mbes
How do you measure strongest and weakest?
+1
  • #20
  • Oct 31, 2015 9:04pm Oct 31, 2015 9:04pm
Currency strength is a measure of the present and the past. How does it help you with the future?
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