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$ RoadToRiches $ - Range Bars & PA Scalping

  • #41
  • Apr 21, 2016 4:15am Apr 21, 2016 4:15am
Hey guilherme, could you add alerts for the OBOS indi, please?
  • #42
  • Apr 21, 2016 7:41am Apr 21, 2016 7:41am
Quoting RBlackburn
BE +2 @ +5 pips profit? Your'e going to get stopped out alot. Your wins won't cover your losses, sorry. Try and trail 10 pips with no TP, might work better. Cheers
it's better to get stopped out at 2 pips profit, than at a full stop loss I risk 3% of my account per each trade, so even when the price hit my BE+2 it still gives me 0.6% profit 10 breakevens during one session and you make 6% profit full stop losses when I lose 3% of my account are very rare, because my strategy is very accurate - it's not based only on my indicators, but on the most effective price action techniques

btw. - I'm trading only 2 pairs - EURUSD and GBPUSD, because spread on those pairs is very low
Trade or not to trade - that is the question...
  • #43
  • Apr 21, 2016 8:06am Apr 21, 2016 8:06am
Quoting Iceberg001
Hey guilherme, could you add alerts for the OBOS indi, please?

Here it goes. See if it is working ok. I have Also added a feature called Chart to Front.
What it does is : when you have a signal it will bring that chart in front of others (if it is set to true).
Attached File(s)
File Type: mq4 OBOS_Alert.mq4   5 KB | 678 downloads
  • #44
  • Apr 21, 2016 8:59am Apr 21, 2016 8:59am
Quoting freakout
{quote} it's better to get stopped out at 2 pips profit, than at a full stop loss I risk 3% of my account per each trade, so even when the price hit my BE+2 it still gives me 0.6% profit 10 breakevens during one session and you make 6% profit full stop losses when I lose 3% of my account are very rare, because my strategy is very accurate - it's not based only on my indicators, but on the most effective price action techniques btw. - I'm trading only 2 pairs - EURUSD and GBPUSD, because spread on those pairs is very low

thanks buddy, we are waiting for few screenshots of how you are taking the trades and also some taken trades...
  • #45
  • Apr 21, 2016 10:21am Apr 21, 2016 10:21am
is there anyone here who have a good SR indicator? I'm looking for something simple (like here: http://www.pointzero-trading.com/Fre...nloads/view/28 ), which shows local support and resistance zones - precision and sensitivity in this indicator is very important

I will be very thankful for any help
Trade or not to trade - that is the question...
  • #46
  • Apr 21, 2016 10:33am Apr 21, 2016 10:33am
well this from PZ is free. but I dont like.
I use SR_zones. and there is a famous SS SupportResistance.
Attached File(s)
File Type: ex4 SR_zones.ex4   75 KB | 596 downloads
File Type: mq4 SS_SupportResistance_v07.mq4   43 KB | 629 downloads
  • #47
  • Apr 21, 2016 10:51am Apr 21, 2016 10:51am
Quoting guilherme
well this from PZ is free. but I dont like. I use SR_zones. and there is a famous SS SupportResistance. {file} {file}
this SR_Zones indicator is very nice - I'm looking for something similar, but I need to have highlighted also very local zones, just like on the screenshot below:

Attached Image (click to enlarge)
Click to Enlarge Name: zones.png Size: 62 KB
Trade or not to trade - that is the question...
  • #48
  • Apr 21, 2016 11:21am Apr 21, 2016 11:21am
this SL/TP/trailing EA makes scalping much more easier.
did you tryed the NLD indi for confirmation with settings from 20 to 70?
Attached Image (click to enlarge)
Click to Enlarge Name: 5.JPG Size: 48 KB
Attached File(s)
File Type: mq4 ronz_auto_sl-ts-tp.mq4   13 KB | 557 downloads
File Type: mq4 nonlagdot1.1.mq4   5 KB | 441 downloads
  • #49
  • Apr 21, 2016 3:30pm Apr 21, 2016 3:30pm
Quoting mambomango
this SL/TP/trailing EA makes scalping much more easier. did you tryed the NLD indi for confirmation with settings from 20 to 70? {image} {file} {file}
I already use an EA for scalping and yes - I've been trying with NLD indicator, but without any success PA is always the fastest and the best method, and all I need right now is a good SR indicator - nothing more
Trade or not to trade - that is the question...
  • #50
  • Apr 22, 2016 5:56am Apr 22, 2016 5:56am
giulherme maybe You can help me...
I applied OBOS_Alert indicator on normal chart (not range bars). Timeframe M1.
Settings: https://gyazo.com/2c1e15dac48689872e39d5ab405400ca.png


Unfortunately i cant see the arrows. On higher timeframes its OK but on M1 it doesn't work properly.
The weird thing is that on GBP/JPY it works but on other currency pairs dont.
  • #51
  • Apr 22, 2016 3:43pm Apr 22, 2016 3:43pm
ok guys, I found exactly what I wanted to find and the most interesting thing is that the simpliest indicators work best

now a question to the coders - is it possible to change the style of drawing these lines? I tried to change it to DASH, DASHDOT, etc., but nothing works...


I will be very thankful if someone could check this
Attached File(s)
File Type: mq4 Support and Resistance (Barry).mq4   2 KB | 424 downloads
Trade or not to trade - that is the question...
  • #52
  • Apr 22, 2016 4:15pm Apr 22, 2016 4:15pm
Quoting freakout
ok guys, I found exactly what I wanted to find and the most interesting thing is that the simpliest indicators work best now a question to the coders - is it possible to change the style of drawing these lines? I tried to change it to DASH, DASHDOT, etc., but nothing works... I will be very thankful if someone could check this {file}
you can not change style of arrows. just from lines.

I made the code for the arrow as an extern input. And also now you can change the width.
You can check this webpage for the codes. The indicator is using 119.
https://docs.mql4.com/constants/obje...ants/wingdings
Attached File(s)
File Type: mq4 Support and Resistance (Barry).mq4   2 KB | 538 downloads
  • #53
  • Apr 22, 2016 4:17pm Apr 22, 2016 4:17pm
Quoting laksior
giulherme maybe You can help me... I applied OBOS_Alert indicator on normal chart (not range bars). Timeframe M1. Settings: https://gyazo.com/2c1e15dac48689872e39d5ab405400ca.png Unfortunately i cant see the arrows. On higher timeframes its OK but on M1 it doesn't work properly. The weird thing is that on GBP/JPY it works but on other currency pairs dont.

Really strange. here it works the same.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 109 KB
  • #54
  • Apr 22, 2016 4:24pm Apr 22, 2016 4:24pm
Quoting guilherme
{quote} you can not change style of arrows. just from lines. I made the code for the arrow as an extern input. And also now you can change the width. You can check this webpage for the codes. The indicator is using 119. https://docs.mql4.com/constants/obje...ants/wingdings {file}
thank you! number 158 works really good
Trade or not to trade - that is the question...
  • #55
  • Apr 22, 2016 4:51pm Apr 22, 2016 4:51pm
Quoting guilherme
{quote} Really strange. here it works the same. {image}
Tomorrow i will try on different MT4 platform.
  • #56
  • Apr 23, 2016 12:12pm Apr 23, 2016 12:12pm
guilherme, I have yet one question to You - is it possible to change arrows in this indicator to lines? because with these arrows chart looks too messy... thin lines will be better


thanks in advance
Attached File(s)
File Type: mq4 Support and Resistance (Barry).mq4   2 KB | 459 downloads
Trade or not to trade - that is the question...
  • #57
  • Apr 23, 2016 12:47pm Apr 23, 2016 12:47pm
yes it can be done. I will do it when i have some time.
  • #58
  • Apr 24, 2016 2:50am Apr 24, 2016 2:50am
Quoting freakout
guilherme, I have yet one question to You - is it possible to change arrows in this indicator to lines? because with these arrows chart looks too messy... thin lines will be better thanks in advance {file}
Hi. It looks like this indicator is no more than Bill Williams' fractals, just displayed in a different way (not sure why some rows are longer than others though). Is that right?
Attached Image (click to enlarge)
Click to Enlarge Name: fractals supres.jpg Size: 199 KB
  • #59
  • Apr 25, 2016 7:50am Apr 25, 2016 7:50am
Quoting Hammertop
{quote} Hi. It looks like this indicator is no more than Bill Williams' fractals, just displayed in a different way (not sure why some rows are longer than others though). Is that right? {image}
I don't know, but for me SR levels looks better I'm waiting for guilherme modification and we will see how it will work
Trade or not to trade - that is the question...
  • #60
  • Apr 26, 2016 7:57am Apr 26, 2016 7:57am
guilherme, I have one question to You - is it possible to make an MTF version of OBOS indicator?

for example - I have 2 Range Bar charts, one with 2 pip candles and one with 3 pip candles, and I would like to see on 2 pip chart exactly the same values as on 3 pip chart (because on 2 pip chart this indicator is more sensitive, it shows more overbought and oversold zones than on 3 pip chart)

is it doable or not?
Attached File(s)
File Type: mq4 OBOS.mq4   2 KB | 474 downloads
Trade or not to trade - that is the question...
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