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Attachments: When Price is UP, buy; when Price is Down, sell short...
Exit Attachments

When Price is UP, buy; when Price is Down, sell short...

Quoting sunshine
{quote} Please do and thank you. so i do the same thing... i mean, i only drag and drop the ea's on the specific chart when i want them closed and/or deleted.. correct ?
Hi sunshine,

Yes. You're correct. But one thing remember, when the ea closes all the trades and deleted pending orders, you must remove the ea from your chart. Otherwise, if you place a new order the ea closes it immediately .
Regards,

Bendz
Attached File(s)
File Type: mq4 CloseSINGLE.mq4   2 KB | 166 downloads
Quoting sunshine
{quote} i was wondering if u can alter the ea to show only the open trades of a specific pair and not all the open trades or maybe build in an option under inputs to select total open trades of all the pairs and only the open trades of the specific chart it is dropped into, thank you. ​gotto go now, will drop in again later, God Willing.
Hi sunshine,

Total Orders -> total no of orders in all currency pairs and pending orders is also all pending orders. This information needed because, I'm getting Too many orders error when trading

The other lines are for particular currency pair only
The next line shows the no. of buy orders and sell orders in the current currency pair.
The third line shows the total lot sized used in trades (NOT INCLUDED PENDING ORDERS).
The fourth line profit in buy trades and sell trades.
The last one is net profit.

I think you may also need the first line
Now, I'm altering and upload it soon.
Regards,
Bendz
Quoting sunshine
{quote} i was wondering if u can alter the ea to show only the open trades of a specific pair and not all the open trades or maybe build in an option under inputs to select total open trades of all the pairs and only the open trades of the specific chart it is dropped into, thank you. ​gotto go now, will drop in again later, God Willing.
Hi sunshine,

The total information was moved to last. The beginning shows current pair details.

Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 25 KB


It gives in depth details of current pair and an overall details. If you want to alter as an option, then we can alter it
Attached File(s)
File Type: mq4 ShowInfo-1.mq4   7 KB | 191 downloads
Came across this thread. Will be copying down the trading system and read it out. Just one out of the thousands in this forum.
hi,sunshine,you said euraud is UP,can you please check this pic,guess its currently down
Attached Image (click to enlarge)
Click to Enlarge Name: euraud-w1-forextime-ltd-2.png Size: 36 KB
hi Sunshine,how can one avoid choppy markets like this?
Attached Image (click to enlarge)
Click to Enlarge Name: EURAUDH4.png Size: 37 KB
Quoting sunshine
this mornings trades as alerted to in a post 570 above, except for the EURUSD which i gave no alert. the GBPAUD has reached PT and the Geppy are making the right moves. the EURUSD is very very sluggish, but i'm leaving it to either PT or SL. EDIT: one can see on the GBPAUD 4hr bar, two trades were taken and closed with gains. {image}
the Geppy & EURUSD reversed and both trades stopped out for a loss.
Quoting Bendz
{quote} Hi sunshine, Yes. You're correct. But one thing remember, when the ea closes all the trades and deleted pending orders, you must remove the ea from your chart. Otherwise, if you place a new order the ea closes it immediately . Regards, Bendz {file}
thanks for that warning Bendz
Quoting Bendz
{quote} Hi sunshine, The total information was moved to last. The beginning shows current pair details. {image} It gives in depth details of current pair and an overall details. If you want to alter as an option, then we can alter it {file}
yes, maybe just increase the font please, the size is just under my comfort level, again thank you.
Quoting forex_fairy
Came across this thread. Will be copying down the trading system and read it out. Just one out of the thousands in this forum.
you are welcome forexfairy, and please do. and thank you for taking the time to read this thread, i do hope you find what you are looking for.

...but in an effort to help you and shorten your learning curve, i list below what u will not find here:

  1. if you're looking for something magic then i suggest you consult tea leaves, the throwing of bones and the movements planets,
  2. if you're looking for something supernatural that makes you win or loose... then please look in the mirror.

yes, you are right... this thread is one in a thousand...

Quoting timilehin
hi,sunshine,you said euraud is UP,can you please check this pic,guess its currently down {image}
yes you are correct timilehin and so was i.

let me explain...when i say the Weekly Trend is down then i am referring to the LAST Week that closed NOT the current the Week that we are in and is still forming.

Now !!!
today is Sunday so we look at how the week closed (past tense) on this Friday...so what do we get ??? we see that the Week closed down, that means for next week we will be looking for sells in this pair...in which time frame ? ...the 4hr tf ... correct ?

so for this coming week we trade the bearish reversal bars in the 4hrs tf until when ?
until such time that the 4hrs close above its LSH, then from this point onwards we trade long until what event occurs ???
...until the 4hrs form a -brb (bearish reversal bar) then we trade short again, got it ?
Quoting timilehin
hi Sunshine,how can one avoid choppy markets like this? {image}
hi timilehin,

we can't really know for sure when a pair will chop or range but there are indications to stay away such as;

  1. we get stopped out, then a new opposite trade signal forms and we take that trade but again get stopped out, this now says ...clearly... stay away
  2. when the Higher Tf has made a very large move such as a reversal bar that engulfs 2 or 3 or 4 previous bars, and
  3. before "important" advertised news events, price tends to nowhere.

here below i am doing a recap and summary of my trading style with a small omission... no indication of any sort of timeframe. this is left out on purpose to remove any distraction and to show the timelessness of this method. its nothing new...but the i hope that the way i am presenting the info is, at least to some.

please look at the chart below...

  1. it shows an UpTrend,
  2. it shows no time frame,
  3. will we buy or sell or stand aside ?
  4. obviously, hindsight says we would have bought, right ?
  5. so we will buy until what event occurs ?
  6. then after that vent happened which way will we trade then.
  7. where exactly on the chart is the buy entries ?
  8. and we going short then where will we be shorting...which signal ?
  9. please mark your entries and save your chart for comparison later with mine...humour me and just do as fun project.

Attached Image (click to enlarge)
Click to Enlarge Name: Buying the Dips2 NewHigh Dip+Buy.png Size: 5 KB
and here is the same chart that has a Moving Average overlay.

now we can see that we can trade without a Candlestick or Bar chart format... the humble Line chart is enough.

  1. the MA clearly shows a rising price and it gives balance and structure which is pleasing to the human eye,
  2. using closing prices only or a Line graph it shows that price tends to return to the moving average and then makes a "V" or bounces up, this "V" is our buy signal...these dips followed by a V are the best entries.
  3. but as long as price keeps on making new highs followed by a V then we can stack or enter.
  4. we can put a SL just below the rMA (rising MA) and take profit on an inverted "V" like when price forms this pattern .."Λ" or
  5. we can just keep on raising the SL along the MA until eventually stopped out.
  6. ​i took the liberty to indicate the buy entries which occurs after every new high then a dip to the MA then a bounce or V
  7. also on the chart are purple Lines showing the LSH & LSL but these are not how we usually draw them, by this i mean there are more LSH's & LSL's but i only choose to point out the 2 that occurs when price rises above the MA & when price drops below the rMA.

​

Attached Image (click to enlarge)
Click to Enlarge Name: Buying the Dips NewHigh Dip+Buy.png Size: 9 KB
EURUSD:: for this coming week ...using that same Line graph reasoning AS ABOVE POST:

  1. look at the Weekly Line chart, for this coming week, will our bias be long or short ? short right ?
  2. but does the 4hr chart agree with its Higher tf combo ?... no it does not because the 4hrs gave a buy signal when it closed above its LSH
  3. what to do ?... trade the 4hrs long until a reversal bar.

​

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD W+4hrs sun 20Dec.png Size: 17 KB
Quoting sunshine
{quote} yes, maybe just increase the font please, the size is just under my comfort level, again thank you.
Hi sunshine,
Sure. Please wait for the update
Quoting sunshine
EURUSD:: for this coming week ...using that same Line graph reasoning AS ABOVE POST: look at the Weekly Line chart, for this coming week, will our bias be long or short ? short right ? but does the 4hr chart agree with its Higher tf combo ?... no it does not because the 4hrs gave a buy signal when it closed above its LSH what to do ?... trade the 4hrs long until a reversal bar. ​{image}
Hi sunshine,
Got it
hi Sunshine, which EMA did you use on eurusd in the last chart?
Quoting Bendz
{quote} Hi sunshine, Sure. Please wait for the update
will do, thks Bendz
Quoting timilehin
hi Sunshine, which EMA did you use on eurusd in the last chart?
timilehin on all time frames i use the 20 bar ema (20bema)

it assist me to see the trend better and clearer without any argument or confusion.
if the trend is not immediately clear when looking at a combo chart then i will not trade that pair for that day or that week.
...and below is how it should have been traded according to our methods entry rules.
Please note that the trading week for December closes today because of all the holidays.

if u were present at every 4hr bar closed then these are the entry signals for buys and longs...assuming one traded all the buys and longs then we will be in profit at this moment.
...all the orange arrow short entries are based on the 4hr+W combo, and
...all the purple buy X's are based on the signals off the 4hr time frame closing above its own LSH
...that means; every +brb that followed a-brb closed above its LSH, can u see it ?
Attached Image (click to enlarge)
Click to Enlarge Name: W+4hr combo 24Dec.png Size: 18 KB
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