As simple as possible: 00 level trading | Page 1732 | Forex Factory

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As simple as possible: 00 level trading

  • #34,621
  • Dec 4, 2016 1:31am Dec 4, 2016 1:31am
Quoting bapakjason
{quote} This happened to me. The scripts worked well for awhile and then began placing orders far away (like 50 and not 5). I think FxRabbi has an EA that can be used to place pending orders. Hope this helps. -Jason
The problem is really from the broker. I have changed to another broker and it is working perfectly well.

Thanks for your concern
  • #34,622
  • Dec 5, 2016 3:29am Dec 5, 2016 3:29am
Errr, think I exited too early! haha. Still, happy with +17 for a 20SL.

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flipfloptrader forum
  • #34,623
  • Dec 5, 2016 4:12am Dec 5, 2016 4:12am
Quoting FlipFlopGC
Errr, think I exited too early! haha. Still, happy with +17 for a 20SL. {image}
I use a TradeCopier to replicate entries, sometimes I forget to switch to the receiver platform and open the corresponding chart, so the EA managing TP/SL wasn't running. This time it was a luck!

#EURJPY to TP (+33 pips)

Best regards,
Bubincka
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Porta itineris dicitur longissima esse
  • #34,624
  • Dec 5, 2016 6:12am Dec 5, 2016 6:12am
Latest GBPJPY chart
Attached Image (click to enlarge)
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Trade copier for our trades are available on email.
http://forexabr.com/membership/

live myfxbook on email.
  • #34,625
  • Dec 5, 2016 8:40am Dec 5, 2016 8:40am
Quoting forexabr
Latest GBPJPY chart {image} Trade copier for our trades are available on email. http://forexabr.com/membership/ live myfxbook on email.
It seems you posted in the wrong place. Here we trade 00-level system by Udine and its variations.

Best regards,
Bubincka
Porta itineris dicitur longissima esse
  • #34,626
  • Dec 7, 2016 2:54am Dec 7, 2016 2:54am
GBPNZD can be a very fast moving pair and suitable stops/targets are needed. +20 pips on a 20 SL. I've all but virtually stopped trading Frankfurt and concentrate on London open.

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flipfloptrader forum
  • #34,627
  • Dec 7, 2016 8:49am Dec 7, 2016 8:49am
Hello everyone,

I dont understand why but my metatrader gives error for xADR_0.2renko indicator.I cannot use it.When I apply for it,metatrader is not responding and crashes.I had to delete it from indicator menu and only then I can load the template,but now I dont have funtional xADR_0.2renko indicator.The numbers on left bottom rmup,rmdown,t,y,adr etc are not refreshing.What do I need to do to be able to use this indicator ?
  • #34,628
  • Dec 7, 2016 12:24pm Dec 7, 2016 12:24pm
this is a xADR_0.2renko mod by cycle.
if you wish to try.

alternatively, this indi also shows ADR/ATR, though in different format.
hope it helps.
Attached File(s)
File Type: mq4 xADR_0.2renko cycle.mq4   4 KB | 781 downloads
File Type: ex4 ADR_ ATR_20_Pairs_v3_Sal.ex4   9 KB | 784 downloads
there is always, always another trade!!
  • #34,629
  • Dec 7, 2016 1:07pm Dec 7, 2016 1:07pm
Quoting profitfarmer
this is a xADR_0.2renko mod by cycle. if you wish to try. alternatively, this indi also shows ADR/ATR, though in different format. hope it helps. {file} {file}

thank you. there is one more thing I am struggling with. It is repositioning some indicators.
How do we move an indicator to another place one the chart ? For example:that trend multimeter.Lets say I want those informations a bit lower and right.Can you guys please teach me how to do that ?
  • #34,630
  • Dec 8, 2016 12:30am Dec 8, 2016 12:30am
Quoting orange88
{quote} thank you. there is one more thing I am struggling with. It is repositioning some indicators. How do we move an indicator to another place one the chart ? For example:that trend multimeter.Lets say I want those informations a bit lower and right.Can you guys please teach me how to do that ?
This depends on the individual indicator. Some have inputs for which corner 0/1/2/3. Some have inputs for position x & position y. Some have inputs for vertical & horizontal. Just play with these numbers until you like what you see.
  • #34,631
  • Dec 8, 2016 6:27am Dec 8, 2016 6:27am
Quoting bapakjason
{quote} This depends on the individual indicator. Some have inputs for which corner 0/1/2/3. Some have inputs for position x & position y. Some have inputs for vertical & horizontal. Just play with these numbers until you like what you see.
I had one of those indicators. When I was playing with the settings you are talking about, it was changing position just for a second and then when the information refreshes all of the indicator was going back to its original location on the chart. This didnt work at for me at all : /
  • #34,632
  • Dec 8, 2016 12:07pm Dec 8, 2016 12:07pm
Quoting orange88
{quote} I had one of those indicators. When I was playing with the settings you are talking about, it was changing position just for a second and then when the information refreshes all of the indicator was going back to its original location on the chart. This didnt work at for me at all : /
not a picasso, but here it is...
should do the job, if not, then it is hardware problem ( your head)
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there is always, always another trade!!
  • #34,633
  • Dec 8, 2016 2:26pm Dec 8, 2016 2:26pm
Quoting profitfarmer
{quote} not a picasso, but here it is... should do the job, if not, then it is hardware problem ( your head) {image} {image}
Point something.
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  • #34,634
  • Dec 8, 2016 4:00pm Dec 8, 2016 4:00pm
Quoting profitfarmer
{quote} not a picasso, but here it is... should do the job, if not, then it is hardware problem ( your head) {image} {image}
Thank you. I will check inputs section more carefully
  • #34,635
  • Dec 8, 2016 9:38pm Dec 8, 2016 9:38pm
Quoting LuXing
{quote} {quote} These posts made me think of Goethe's "Der Zauberlehrling" (The Sorcerer's Apprentice). The story begins as an old sorcerer departs his workshop, leaving his apprentice with chores to perform. Tired of fetching water by pail, the apprentice enchants a broom to do the work for him using magic in which he is not yet fully trained. The floor is soon awash with water, and the apprentice realizes that he cannot stop the broom because he does not know how. The apprentice splits the broom in two with an axe but each of the pieces becomes...
Inserted Video
  • #34,636
  • Dec 13, 2016 12:18am Dec 13, 2016 12:18am
Sorry guys I have been away on long long holiday. Now back to business Nice to see everyone is still around and making green pips.

USDJPY +6.5 perfect TP
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  • #34,637
  • Dec 13, 2016 10:50am Dec 13, 2016 10:50am
Hello all,
its some more way to go to catch you all up. I am at page 510 and running this trading-system on a demo-account. I adopt all the rules which are very clear to me but according my trading experience I noticed that price often touches the 00-level perhaps 1-2 pips more before price turns the opposite direction. This to my understanding of psychological S/R levels. Because of that I thought of changing the 00-levels to 50-levels. Prices seem to me run through that levels much straighter than sticking around the 00-levels. Does anybody have gone this way or may have some experiences. Rest I would strictly follow the rules.
  • #34,638
  • Dec 18, 2016 7:58pm Dec 18, 2016 7:58pm
Quoting SwingMan
Many years ago I posted in forum a correlation indicator, and the figures are almost identical with mataf.net Maybe can you use or adapt it on changing the time frames. Certainly is not as good as the brilliant matrix of @nasap, but anyone can develop it further. {image} {file} {file}
Just a quick note to swingman.
what you posted in post #29464 is just what i was after, well the code that is , that i could modify to suit what i've been looking for, for quite a while. So thanks for that ! I didn't want anything running in Excel, as the DDE connection to MT4, is just too CPU intensive. Native MT4 is a lot less stressful on the CPU !

So basically i was after 2 things:
1. a complete correlation matrix of the pairs i'm interested in (happen to be the same ones as yours btw)
2. a list of correlations when it's attached to a chart satisfying my condition of 90% correlation (all others ignored)

So i ended up with 2 versions of YOUR code, one for each as mentioned above. It does the correlation for the time frame one chooses on the chart. I also changed the colors to what i prefer; red for sell, green for buy.

Any way just thought i'd give you a heads up. I haven't cleaned up/streamlined the code yet, but i'm happy with what i'm getting so far.

Thanks for providing the mq4 file !

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Attached Image
Some screen shots.
  • #34,639
  • Dec 19, 2016 4:55am Dec 19, 2016 4:55am
Quoting Brommer
...So basically i was after 2 things: 1. a complete correlation matrix of the pairs i'm interested in (happen to be the same ones as yours btw) 2. a list of correlations when it's attached to a chart satisfying my condition of 90% correlation (all others ignored) So i ended up with 2 versions of YOUR code, one for each as mentioned above. It does the correlation for the time frame one chooses on the chart. I also changed the colors to what i prefer; red for sell, green for buy...
Honestly, I am overwhelmed by more than 500 downloader you're the only one who has applied the (right) formulas.
Now you have made the beginning, and I hope that you continue with the history of the correlations, like in my Currency Strength Dashboards.
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  • #34,640
  • Dec 27, 2016 3:29pm Dec 27, 2016 3:29pm
UDINE , POST #879 Thank you for saving ME from ME !!!! Your post is going to be my trading mantra for the rest of my life. In my case , I THOROUGHLY ENJOYED WAY TOO MUCH SUCCESS TOO FAST , and then , everything blew up in my face , literally within 7 days. I "lost" $65,000.00 within 7 days. As I write this reply , I am NOT FEELING INVINCIBLE. I do have money available to me for use to recover. Thanks to your thread , it will be a long journey with a decisive plan which will force me to become an excellent trader and I KNOW THAT I CAN DO IT !!! I will take baby steps to success for the rest of my life.
Thank you UDINE.
My greatest wish in life is for anyone who is trading FOREX , to read POST #879 by UDINE.

Thank you UDINE,
Sincerely,
GreenEarth
"Define the risk OUT of your trade"--Mark Douglas
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