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Falling Knives

  • #1,321
  • Jun 4, 2016 10:04am Jun 4, 2016 10:04am
Quoting IreshChathu
Hi magix, It is good to see the license version... So for the next week I have to activate another trail. If you can please recommend settings & pairs for 1000$ account.

Yes, you will need to activate the license again.

Not sure what pairs or timeframe you are looking at for your trading, hard for me to speculate.

$1000 is kind of a tight area to trade on all pairs that I work with in that this week, we have seen $1000 being used up in a combination of Margin and Draw.

For the new week coming, there is bound to be a couple of wild ranges that may show the same things.

Best bet...

Analyze the trade data from the explorers others were kind enough to share and cherry pick pairs that you'd want to see.
Magix Standard Pairs - Link
Magix - 16 Pairs - Link
Spankworthy - Link
GO5 - Link
Radidya - Link
Reamasesa - Link
SpencerBizze - Link
Attached File

To the best of my knowledge, all of these were set to default with exception of:
Lot Calculation Method = Increment
Lot Increment or Multipler = .01.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,322
  • Jun 4, 2016 10:22am Jun 4, 2016 10:22am
No matter how the licensing works out for the weeks following...the Current Version will trade on both Live and Demo accounts.

1. Do not trade with money you can't afford to lose.
2. Do not underfund an account and hope for financial freedom.
3. My recommendation for account size with a .01 start and increments is Minimum $2k
4. There May be LARGE Draw Downs, it is up to you how you manage this risk, either manually or with the use of the EA.
5. Be wise in your choices...sit out news days for any pair on the FF calendar with a Red Flag!
6. ASK A LOT OF QUESTIONS if you haven't found the answers or don't understand!!!!
7. Try before you buy to get a sense of the risks involved and the logic being employed!!!
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,323
  • Jun 4, 2016 10:43am Jun 4, 2016 10:43am
687C160EC62AD4ECAEA6AF6EB0BABD80

pl activate.
  • #1,324
  • Jun 4, 2016 11:10am Jun 4, 2016 11:10am
And one more please..
B7AD3751F9CB2826274FD5490FA0D97F
  • #1,325
  • Jun 4, 2016 11:27am Jun 4, 2016 11:27am
Quoting IreshChathu
687C160EC62AD4ECAEA6AF6EB0BABD80 pl activate.
Key = 0C1728A67809A222B110ED7568168965

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,326
  • Jun 4, 2016 11:27am Jun 4, 2016 11:27am
Quoting Go5
And one more please.. B7AD3751F9CB2826274FD5490FA0D97F

Key = B7AD3751F9CB2826274FD5490FA0D97F

Can't just add, need to replace the old ones with the newly posted version.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,327
  • Jun 4, 2016 11:36am Jun 4, 2016 11:36am
Quoting Magix
{quote} Key = 0C1728A67809A222B110ED7568168965
new baby is ready for next week. with default setting. EURUSD & gold 2 pairs. I'll share the link then you can share with others.

Thanks Magix..
  • #1,328
  • Jun 4, 2016 11:41am Jun 4, 2016 11:41am
Quoting IreshChathu
{quote} new baby is ready for next week. with default setting. EURUSD & gold 2 pairs. I'll share the link then you can share with others. Thanks Magix..


Here is how gold traded for the last 4 days of market at default...at market open, it was still carrying trades from the week prior, those gains aren't relevant.

And a chart where gold finished off the week.

It's actually done surprisingly well, but may see some downside with a retrace at some point next week.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: golddef.png Size: 38 KB
Click to Enlarge Name: golddef1.png Size: 24 KB
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,329
  • Jun 4, 2016 11:49am Jun 4, 2016 11:49am
Quoting Magix
{quote} Key = B7AD3751F9CB2826274FD5490FA0D97F Can't just add, need to replace the old ones with the newly posted version.
That key is my error-key?
  • #1,330
  • Jun 4, 2016 12:41pm Jun 4, 2016 12:41pm
Quoting Go5
{quote} That key is my error-key?

Sorry man, I don't know what you are asking.

For each account you want to test on this week, you will need to install the New Version of the EA from post 1.

Delete the previous version, apply the new version, paste the unique account identifier here.
The code should give you Gold in the bottom left again.

If disabled, wrong version or wrong key.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,331
  • Jun 4, 2016 1:12pm Jun 4, 2016 1:12pm
Quoting Magix
{quote} Sorry man, I don't know what you are asking. For each account you want to test on this week, you will need to install the New Version of the EA from post 1. Delete the previous version, apply the new version, paste the unique account identifier here. The code should give you Gold in the bottom left again. If disabled, wrong version or wrong key.
That's what I did, new one installed, alert msg:
B7AD3751F9CB2826274FD5490FA0D97F

(The key you gave was not a key but the very same alert msg.)
Thanks
  • #1,332
  • Jun 4, 2016 1:40pm Jun 4, 2016 1:40pm
Magix, please send new code/key,...


CD80944B25559E62643328CD3ABCFF8C

thx, jdva
I never lose - either I win or I learn...
  • #1,333
  • Edited 2:11pm Jun 4, 2016 1:58pm | Edited 2:11pm
Magix, your strategy takes into account you should stop trading if you have loss. What amount of time is to be paused?
I mean - if you trade manually

Best
D.P.
Hunting High and Low
  • #1,334
  • Jun 4, 2016 3:14pm Jun 4, 2016 3:14pm
Quoting Go5
{quote} That's what I did, new one installed, alert msg: B7AD3751F9CB2826274FD5490FA0D97F (The key you gave was not a key but the very same alert msg.) Thanks

Try again?

key = B80B07C5821F5874C87784D471F682CA

Let me know if you still have issues.

Thanks
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,335
  • Jun 4, 2016 3:15pm Jun 4, 2016 3:15pm
Quoting jdva
Magix, please send new code/key,... CD80944B25559E62643328CD3ABCFF8C thx, jdva
Key = 7EC6E88E65FDBED2176374F869C7D9CC

Let me know if you have any issues.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,336
  • Jun 4, 2016 3:20pm Jun 4, 2016 3:20pm
Quoting Dr.Phoenix
Magix, your strategy takes into account you should stop trading if you have loss. What amount of time is to be paused? I mean - if you trade manually Best D.P.

Depends on what I am trading and when....The template provided is the same as I trade off of, a little different on the Moving averages, but the 2 main, 288 and 1440 area always present.

I work with the Hourly candle on these and if you look at the chart, you will see what I mean.

Identify trend in the same way Iresh does...trigger trades and wait for exits.

If the chart I'm trading is long in a short cycle, I exit looking to minimize losses and find a chart that's trending.

As best described...Like a Polish Sex Manual.
In. Out.
Repeat if necessary.

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,337
  • Jun 4, 2016 3:38pm Jun 4, 2016 3:38pm
Quoting Magix
{quote} but the 2 main, 288 and 1440 area always present.
So do I
Sometimes I do use 240 instead of 288.

Quoting Magix
{quote} I work with the Hourly candle on these and if you look at the chart, you will see what I mean.
So do I

Quoting Magix
{quote} I exit looking to minimize losses and find a chart that's trending. As best described...Like a Polish Sex Manual. In. Out. Repeat if necessary.
So you do not wait for, say, 10 mins, 20 mins or so on, on your choice, after you fail.
You are just looking for a place to enter the market at renewed conditions.

Best
D.P.

P.S. I would suggest to glance at 480 period as well.
P.P.S. As you can see we have additional flags for validating both systems.
Hunting High and Low
  • #1,338
  • Jun 4, 2016 4:59pm Jun 4, 2016 4:59pm
Nice to see all the new replies with a lot of good info !

So to continue my 'petit peu' Live account EURNZD / NZDJPY / NZDUSD
6044BC23AEF49FCB9CDFDC6A8C71A170

Thank you Magix
"The needs of the many outweigh the needs of the few" - Spock
  • #1,339
  • Jun 4, 2016 5:18pm Jun 4, 2016 5:18pm
Quoting Johnhere
Nice to see all the new replies with a lot of good info ! So to continue my 'petit peu' Live account EURNZD / NZDJPY / NZDUSD 6044BC23AEF49FCB9CDFDC6A8C71A170 Thank you Magix

Key = EDC24FF1C9A9A9DC5F499665B248298F

Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #1,340
  • Jun 4, 2016 5:19pm Jun 4, 2016 5:19pm
Quoting Dr.Phoenix
So you do not wait for, say, 10 mins, 20 mins or so on, on your choice, after you fail. You are just looking for a place to enter the market at renewed conditions.
Depends on where the Hourly closes in relation to the 288.
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
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