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Monthly Profit - Daily Trading using SMA

  • #941
  • Aug 31, 2016 10:05am Aug 31, 2016 10:05am
Quoting Bk8
Happiness is.... when your all setus are green 2006726 {image} {image} {image}
Hi BK8,

Please confirm that all position based on SMA 5,0 or SMA 5,3.
So, based on your analyst for now, which one better use SMA 5,0 or SMA 5,3?

Many thanks for your answer.

regards,
Andre.
  • #942
  • Aug 31, 2016 10:21am Aug 31, 2016 10:21am
Quoting andreedbert
{quote} Hi BK8, Please confirm that all position based on SMA 5,0 or SMA 5,3. So, based on your analyst for now, which one better use SMA 5,0 or SMA 5,3? Many thanks for your answer. regards, Andre.
Hi , think now " we " are using SMA 5, 0 . It was changed from 5,3 . It's all written in the first post
Read 1st post , if you don't understand something , then , ask a question
  • #943
  • Aug 31, 2016 10:32am Aug 31, 2016 10:32am
Eu gbp 10 pip long
Gbp ca 18 pip long
Gbp jpy 23 pip long
From 0800 to 1630
Done for the day
Thank you teachers
oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #944
  • Aug 31, 2016 11:21am Aug 31, 2016 11:21am
Quoting kingdavid15
Sup Bk8 Do you scan manually through all charts for your setups? Fx Flux , pls elaborate a little more on how to run the scripts successfully.
You never actually told me what the problem was? I did message you back.

 

  1. Make sure all three files are in the correct folders.
  2. If you want to use a template on your charts then save a copy in your mql4 folder and call it template_name.tpl
  3. Open up a chart and then drag the DailyCross script onto it.
  4. Set Num to 1 if you want to see all MA crosses, set Candle_Shift to 0 to see what symbols crossed over the MA at the beginning of the new candle or set it to -1 if you want to see which symbols are currently crossed over the MA

I have attached the template that makes it easy to quickly check each chart.

And for everyone else i added a script that closes all open charts (if its annoying having to close many charts)

Attached File(s)
File Type: ex4 DailyCross_V5.ex4   19 KB | 680 downloads
File Type: ex4 Close_All.ex4   5 KB | 605 downloads
File Type: tpl template_name.tpl   < 1 KB | 681 downloads
So many in the Commercial section want to make me rich! :o
  • #945
  • Aug 31, 2016 11:48am Aug 31, 2016 11:48am
Quoting FX-Flux
{quote} You never actually told me what the problem was? I did message you back. Make sure all three files are in the correct folders. If you want to use a template on your charts then save a copy in your mql4 folder and call it template_name.tpl Open up a chart and then drag the DailyCross script onto it. Set Num to 1 if you want to see all MA crosses, set Candle_Shift to 0 to see what symbols crossed over the MA at the beginning of the new candle or set it to -1 if you want to see which symbols are currently crossed over the MA I have attached...
thank you very much for the script, I have some doubt as to make it work properly ...

-We have to run the script every day once the candle the day before completion?
-if we close MT4 and re-open, to run the script again, reopens the already open positions?
-I see that places a default SL, which rules used for placement of the SL?

thankyou very much.
  • #946
  • Aug 31, 2016 12:15pm Aug 31, 2016 12:15pm
Quoting Clipi
{quote} thank you very much for the script, I have some doubt as to make it work properly ... -We have to run the script every day once the candle the day before completion? -if we close MT4 and re-open, to run the script again, reopens the already open positions? -I see that places a default SL, which rules used for placement of the SL? thankyou very much.
Everyone seems to be focusing too much on this being an automated EA. I only added that feature to see what happens if you took every trade that crossed the MA. it places the stop loss 15 pips above or below the previous candle high/low

Please just focus on it being a tool that saves you from checking every chart for a crossover. I will remove the trade feature from the next version.

Cheers
So many in the Commercial section want to make me rich! :o
  • #947
  • Aug 31, 2016 12:52pm Aug 31, 2016 12:52pm
Quoting Oddbjorg
Eu gbp 10 pip long Gbp ca 18 pip long Gbp jpy 23 pip long From 0800 to 1630 Done for the day Thank you teachers oddbj.
Hi Oddbjorg,

It seems you target small profits, may i ask you how big is your SL?
Persistence will get it. Consistency will keep it.
  • #948
  • Aug 31, 2016 1:28pm Aug 31, 2016 1:28pm
Attached Image (click to enlarge)
Click to Enlarge Name: FXCM MetaTrader 4.png Size: 153 KB

This is my manual test EU.
Rule:stop-150pp
TP-500PP
REVERS ON opposite signal
br even 100pp
tr stop after BE previous HI,LO
  • #949
  • Aug 31, 2016 1:34pm Aug 31, 2016 1:34pm
Quoting libiol
{image} This is my manual test EU. Rule:stop-150pp TP-500PP REVERS ON opposite signal br even 100pp tr stop after BE previous HI,LO
Is that with 5-3 or 5-0?
  • #950
  • Aug 31, 2016 1:37pm Aug 31, 2016 1:37pm
5.0
  • #951
  • Aug 31, 2016 1:41pm Aug 31, 2016 1:41pm
Quoting libiol
5.0
Very good, be interested to see what you get with 5-3 to compare.
  • #952
  • Aug 31, 2016 1:49pm Aug 31, 2016 1:49pm
its take my bout 2-3 hours,so maybe tomorrow!?
  • #953
  • Aug 31, 2016 2:16pm Aug 31, 2016 2:16pm
Quoting Chake
{quote} Hi Oddbjorg, It seems you target small profits, may i ask you how big is your SL?
Hi Chake
Thanks for responding.
I rarely use sl. I don't go in before it starts running, and keep an eye on it.
And if the numbers get a bit red, I still wait if the figure is in line with the system.
That can take days. I am struggeling with my self if I shall stop and take the loss I have come into of eur aud the other day.
I should have put sl I realise.

I am so new, and are just training. And you see my pips are not much.
If I use sl, then it is because I am trying to learning to put in orders.
But I do use tp if I place a long or short late like 2400

What do you think about eur aud ..should I wait. I think it looks a bit sideways.

Thank you.
Attached Image (click to enlarge)
Click to Enlarge Name: image.jpg Size: 279 KB
All the best to all of you. But don't follow me. I am a learner.
  • #954
  • Aug 31, 2016 2:23pm Aug 31, 2016 2:23pm
Quoting Oddbjorg
{quote} Hi Chake Thanks for responding. I rarely use sl. I don't go in before it starts running, and keep an eye on it. And if the numbers get a bit red, I still wait if the figure is in line with the system. That can take days. I am struggeling with my self if I shall stop and take the loss I have come into of eur aud the other day. I should have put sl I realise. I am so new, and are just training. And you see my pips are not much. If I use sl, then it is because I am trying to learning to put in orders. But I do use tp if I place a long or short...
I am short minus 95 pips. Thank you
All the best to all of you. But don't follow me. I am a learner.
  • #955
  • Aug 31, 2016 3:16pm Aug 31, 2016 3:16pm
Anybody see any more trade opportunities?
  • #956
  • Aug 31, 2016 3:26pm Aug 31, 2016 3:26pm
Now -5-3 set .
Attached Image (click to enlarge)
Click to Enlarge Name: FXCM MetaTrader 4(5-3).png Size: 127 KB
  • #957
  • Aug 31, 2016 3:44pm Aug 31, 2016 3:44pm
Quoting Oddbjorg
{quote} Hi Chake Thanks for responding. I rarely use sl. I don't go in before it starts running, and keep an eye on it. And if the numbers get a bit red, I still wait if the figure is in line with the system. That can take days. I am struggeling with my self if I shall stop and take the loss I have come into of eur aud the other day. I should have put sl I realise. I am so new, and are just training. And you see my pips are not much. If I use sl, then it is because I am trying to learning to put in orders. But I do use tp if I place a long or short...
If you are unable to pay attention to your trades 24/5 then one bad move can wipe your account if you dont have a SL.
It's a risk i wouldn't take.
Other thing is if you have a big SL and a small TP you have to be right a lot off times (like > 80% if you have R:R 4:1), this is hard to keep up for the long run.

I think EA is sideways indeed and below resistance right now.
Persistence will get it. Consistency will keep it.
  • #958
  • Aug 31, 2016 3:56pm Aug 31, 2016 3:56pm
Hello. Can I ask .. keeping an eye on ..

dkk usd short soon?
eu jpy to late for long?
Gbp cad long soon?
Gbp jp long soon?
Usd jpy long soon??

Thank you great teachers
Oddbj.
Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #959
  • Aug 31, 2016 4:14pm Aug 31, 2016 4:14pm
Quoting Chake
{quote} If you are unable to pay attention to your trades 24/5 then one bad move can wipe your account if you dont have a SL. It's a risk i wouldn't take. Other thing is if you have a big SL and a small TP you have to be right a lot off times (like > 80% if you have R:R 4:1), this is hard to keep up for the long run. I think EA is sideways indeed and below resistance right now.
Thank you for your advise. I have just so often been aware of that I put to tigth sl, before it really went towards good tp

Thank you

Oddbj.
All the best to all of you. But don't follow me. I am a learner.
  • #960
  • Aug 31, 2016 4:18pm Aug 31, 2016 4:18pm
Quoting Oddbjorg
{quote} Hi Chake Thanks for responding. I rarely use sl. I don't go in before it starts running, and keep an eye on it. And if the numbers get a bit red, I still wait if the figure is in line with the system. That can take days. I am struggeling with my self if I shall stop and take the loss I have come into of eur aud the other day. I should have put sl I realise. I am so new, and are just training. And you see my pips are not much. If I use sl, then it is because I am trying to learning to put in orders. But I do use tp if I place a long or short...
Do you know the movie "The Transporter"? What was his first rule?
The first rule was: "Don't change the deal."

It is simple. Capture a good trading plan and work out the mental fitness.
Search here for some good stuff about it. Money Management is the point to check really quick.

Greets
Michael
Perfection is the enemy of good enough!
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