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As simple as possible: 00 level trading

  • #33,841
  • Mar 16, 2016 8:31am Mar 16, 2016 8:31am
Actually just tried it on a fresh download of MT4 and a different broker and that seems to be working. Was not working on LCG http://www.lcg.com/uk/ for those with similar probs.
We're all just one trade away from humility.
  • #33,842
  • Mar 16, 2016 8:33am Mar 16, 2016 8:33am
Quoting sevan62
Following Robinho steps and rules i made EA. It is based on currency strength, Bid Ratio, Buy/Sell Ratio, time session and pause filter. EA is multicurrency, today results are on the screenshot, full auto default settings. Some fast winning deals were closed from 9-10 sec to 1-2 min. The third failed deal (marked blue line on screenshot) was opened on BRN level and is to be filtered out in future. At first results looks promissing. EA is free, everybody may test it. I'm going to implement news filter, BRN filter, maybe exclude some currency pairs...
Great results.

May I suggest you open a special thread for it, like Skyline did at the time, to avoid cluttering this thread and make sure your EA gets the (undivided) attention it deserves ?

LuXing
Wisdom begins in wonder
  • #33,843
  • Mar 16, 2016 2:49pm Mar 16, 2016 2:49pm
Quoting Carneiro
{quote} First friend thank you for the honor. I just want to leave some tips, 1) We have to rent a VPS and let this EA running, with various configurations .. 2) I made many tests with Stop 20 pips with Tp 05 pips, I do not think enjoyable for administering an account an unfavorable risk reward 4x1. We have to try other tests, for example 20 pips stop 10 pips TP TS 05 pips ... or other configuration. But let's testing the 5x20. One question, we have to change TF? We need some indicator?
Thank you Robinho for inspiring me. You have done and doing a great and useful work. I stated new thread following advise of LuXing and will answer all the questions in it.
Please visit Robinho EA thread who are interested in.
BR, alex
  • #33,844
  • Mar 16, 2016 4:45pm Mar 16, 2016 4:45pm
Quoting sevan62
{quote} Thank you Robinho for inspiring me. You have done and doing a great and useful work. I stated new thread following advise of LuXing and will answer all the questions in it. Please visit Robinho EA thread who are interested in.


Congratulations and all the best !!!

I have posted my first thoughts & algo.

LuXing
Wisdom begins in wonder
  • #33,845
  • Mar 16, 2016 9:29pm Mar 16, 2016 9:29pm
Quoting Drewas
Great stuff doesnt seem to work for me though probably doing something wrong? (EA newb here)? {image} {image} Seems to be trying to do it. Did one trade that failed see above. Thanks in advance.
You must adjust the settings for TP / SL by 10x since yours is too close!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #33,846
  • Mar 17, 2016 12:16am Mar 17, 2016 12:16am
Quoting sevan62
Following Robinho steps and rules i made EA. It is based on currency strength, Bid Ratio, Buy/Sell Ratio, time session and pause filter. EA is multicurrency, today results are on the screenshot, full auto default settings. Some fast winning deals were closed from 9-10 sec to 1-2 min. The third failed deal (marked blue line on screenshot) was opened on BRN level and is to be filtered out in future. At first results looks promissing. EA is free, everybody may test it. I'm going to implement news filter, BRN filter, maybe exclude some currency pairs...
I strongly recommend at least to add a spread filter, as a protection of unexpected spread widening!
PDF & BCC (Patience Discipline Focus & Belief Confidence Consistency)
  • #33,847
  • Mar 17, 2016 1:44am Mar 17, 2016 1:44am
Quoting JibalaPasan
{quote} I strongly recommend at least to add a spread filter, as a protection of unexpected spread widening!
Thanks a lot JibalaPasan, your priceless posts, scrennshots and advices are very important and will be took in consideration in the first place as well as LuXing's.

Quoting LuXing
{quote} Congratulations and all the best !!! I have posted my first thoughts & algo. LuXing
Thanks LuXing you are always welcome to new thread, your thoughts are realy highly significant for me.
BR, alex
  • #33,848
  • Mar 17, 2016 2:53am Mar 17, 2016 2:53am
Quoting JibalaPasan
{quote} You must adjust the settings for TP / SL by 10x since yours is too close!

Thanks yeah I see that now.
We're all just one trade away from humility.
  • #33,849
  • Edited 11:52am Mar 17, 2016 2:56am | Edited 11:52am
Quoting LuXing
{quote} Yes. Look at this. London Open ccy strength values AUD: 1.25 CAD: 1.31 EUR: 7.54 London Open +30 minutes: AUD and CAD getting stronger, EUR weakening. I check on 30 minute intervals to see where a currency "is going". Today, AUD and CAD might be the weakest all day, but there will be a point they revert back to the mean, which is what I am monitoring. LuXing {image}
It is always a Q for me how to monitor CS during session? I do not remember all pairs CS after a while..
it was to late for FO trade (after first M5 @ 111.900 would be better) and to early for FO +M30 the only CS was there.. So, I am lucky to be in profit
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 268 KB

LO trade
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 283 KB

Last one
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 87 KB

Stay positive, Multimillion
"All will be correctly, in this world is built" - The Master and Margarita
  • #33,850
  • Mar 17, 2016 10:26am Mar 17, 2016 10:26am
Not much time for trading today, so only 2 trades.

#1 USDCHF to TP
#2 GBPJPY to TP. Although ATR > ADR, there was a nice 50 pip pullback from the high, giving it enough RmUp.

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 64 KB
Click to Enlarge Name: Screenshot2.png Size: 63 KB
Wisdom begins in wonder
  • #33,851
  • Mar 17, 2016 10:45am Mar 17, 2016 10:45am
Quoting Multimillion
{quote} It is always a Q for me how to monitor CS during session? I do not remember all pairs CS after a while.. {image} it was to late for FO trade (after first M5 @ 111.900 would be better) and to early for FO +M30 the only CS was there.. So, I am lucky to be in profit Stay positive, Multimillion {image} LO trade
Paper and pen, write it down every 30-60 minutes.
Use Lightshot and take a screenshot
Get somebody to write an Excel macro for forexgrail and take snapshots at interval x or y

LuXing
Wisdom begins in wonder
  • #33,852
  • Mar 17, 2016 5:27pm Mar 17, 2016 5:27pm
Quoting Multimillion
{quote} It is always a Q for me how to monitor CS during session? I do not remember all pairs CS after a while.. it was to late for FO trade (after first M5 @ 111.900 would be better) and to early for FO +M30 the only CS was there.. So, I am lucky to be in profit {image} LO trade {image} Last one {image} Stay positive, Multimillion
You may save sceenshots in auto mode.
WindowScreenShot
ChartScreenShot
Simple EA will make you screenshots every tick, M1, M5, M15 or after trade is placed.
BR, alex
  • #33,853
  • Edited 1:39am Mar 18, 2016 1:28am | Edited 1:39am
Quoting LuXing
{quote} Paper and pen, write it down every 30-60 minutes. LuXing
I have searched all file clips but did not found this great tool! Can you share it?

Thanks bro, you are right it could be done, as well as with sevan62 shared tools, so my Q is how to use this data in best way, give please general Idea how you are using this dates regularly in trading. Off course we can build a table with each 15, 30, H1,.. candle close CS and will have a lot of data to analyse. I doubt It we need it in this way as a part of decision making tool... Or I am wrong?

Thanks & stay positive, Multimillion
"All will be correctly, in this world is built" - The Master and Margarita
  • #33,854
  • Mar 18, 2016 3:10am Mar 18, 2016 3:10am
first I would like to thank Luxing because of his support for this forum .
I would like to reply to your comments , but my english is very bad so I was not able to contribute in this forum .

this is my trading from 10th March to 18th March .

Luxing please give comments and suggestions for my entry.

Thank you,
lioe

- 10 march: ej tp, eu tp, gu tp
- 11 march: eu 1sl 4tp, gj 1sl 1tp, gu 1tp
- 14 march: ej 2tp, eu tp, gj 1sl 1tp, gu 1sl 1tp
- 15 march: gj 1sl 2tp, gu 3tp
- 16 march: ej tp, eu tp, gu tp, nj tp (late entry)
- 17 march: au tp, cadj tp, chfj tp, gj tp
- 18 march: eu 2tp, gu tp
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURJPY 10 mar 10.00.png Size: 46 KB
Click to Enlarge Name: EURUSD 10 mar 09.06.png Size: 43 KB
Click to Enlarge Name: GBPUSD 10 mar 09.08.png Size: 43 KB
Click to Enlarge Name: EURUSD 11 mar 05.33, 08.59, 09.09, 10.06, 15.11.png Size: 45 KB
Click to Enlarge Name: GBPJPY 11 mar 05.34, 15.09.png Size: 45 KB
Click to Enlarge Name: GBPUSD 11 mar 07.24, 10.07.png Size: 42 KB
Click to Enlarge Name: EURJPY 14 mar 11.00, 11.31.png Size: 42 KB
Click to Enlarge Name: EURUSD 14 mar 11.12.png Size: 45 KB
Click to Enlarge Name: GBPJPY 14 mar 09.19, 10.22, 01.59, 11.47.png Size: 44 KB
Click to Enlarge Name: GBPUSD 14 mar 10.22, 11.30.png Size: 47 KB
  • #33,855
  • Mar 18, 2016 3:12am Mar 18, 2016 3:12am
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY 15 mar 10.37, 10.41, 11.12.png Size: 43 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 15 mar 10.33, 11.14, 12.08.png Size: 44 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY 16 mar 12.33.png Size: 51 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD 16 mar 10.18.png Size: 42 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD 16 mar 09.37.png Size: 44 KB
Attached Image (click to enlarge)
Click to Enlarge Name: NZDJPYM30.png Size: 47 KB
Attached Image (click to enlarge)
Click to Enlarge Name: AUDUSD 17 mar.png Size: 44 KB
Attached Image (click to enlarge)
Click to Enlarge Name: CADJPY 17 mar.png Size: 48 KB
Attached Image (click to enlarge)
Click to Enlarge Name: CHFJPY 17 mar.png Size: 54 KB
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY 17 mar.png Size: 53 KB
  • #33,856
  • Mar 18, 2016 3:15am Mar 18, 2016 3:15am
dear luxing,

is my entry right? or just luck


thank you
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD 18 mar.png Size: 41 KB
Click to Enlarge Name: GBPUSD 18 mar.png Size: 49 KB
Attached Image
  • #33,857
  • Mar 18, 2016 3:52am Mar 18, 2016 3:52am
Quoting Lioe
dear luxing, is my entry right? or just luck thank you {image} {image} {image}
If luck your really lucky! . Nice trading.
We're all just one trade away from humility.
  • #33,858
  • Mar 18, 2016 8:51am Mar 18, 2016 8:51am
Today´s Asian session trades

AUDUSD to TP, entry at the 600 level
NZDUSD to TP, entry at the 500 level
USDCHF to SL due to excessive spread widening TP was not hit by 0.1 pip.

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 67 KB
Click to Enlarge Name: Screenshot2.png Size: 67 KB
Click to Enlarge Name: Screenshot3.png Size: 67 KB
Wisdom begins in wonder
  • #33,859
  • Mar 18, 2016 8:54am Mar 18, 2016 8:54am
London session trades.

NZDJPY to TP, monster slippage on entry.
NZDUSD to TP, huge slippage on exit
NZDCAD to TP

LuXing
Attached Image(s) (click to enlarge)
Click to Enlarge Name: Screenshot2.png Size: 66 KB
Click to Enlarge Name: Screenshot3.png Size: 63 KB
Click to Enlarge Name: Screenshot1.png Size: 62 KB
Wisdom begins in wonder
  • #33,860
  • Mar 18, 2016 8:56am Mar 18, 2016 8:56am
Only NY trade (so far)

CHFJPY to TP

LuXing
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB
Wisdom begins in wonder
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