watch this video. can be interesting

Jul 22, 2011 at 17:43
44,662 개의 뷰
1,103 Replies
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 24, 2012 at 19:50
one of the main improvement is the horizantal Yellow and Red dash-dot lines.

yellow is TP
Red is SL

when I move those with mouse TP SL is changing automaticly by EA. when all orders closed EA deleted them and with new order those lines are printed again.

I will keep posting some daily trades.

walker
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 24, 2012 at 20:02
what is the logic behind this system.

when I was coding EA s I noticed that price is reacting according to different levels.

eg..
MA 30
MA 200
PSAR
BBands
Daily Pivot
Daily High
Daily Low
Trend Lines
and other pairs.

but this is nearly impossible to code all possibilities( for me ). So I decided trade those manually with memorized patterns.
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 24, 2012 at 20:23
this was a risky trade
sHs

see how I enter while price moving against the trade. and this was a winner.

you can find all those trades at _somehow-3 history regarding the file name. it is including the pair - date - time - direction.

Open_S_Demo_147026_GBPUSD_2_23_2012__13_48_43__sh


nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 24, 2012 at 20:27 (편집됨 Feb 24, 2012 at 20:28)
this was a looser with price averaging and closed before SL hit. ( double Loss )

when I noticed that it will fail I did reduce the TP but no chance. I could exit BE but did not. shame on me. US session!

it break down MA30 , micro,main,macro trendlines






nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 24, 2012 at 20:30
the trendlines that EA printing is filtered. I improved that filter while coding EA s. when all printed it becomes mess and difficoult to find the correct levels.
Jan 14, 2010 부터 멤버   게시물2299
Feb 24, 2012 at 21:01
Steve, are all those indicators?
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 15:37
MA30
MA200
BBands
PSAR
those are the indicators to define different levels.

I dont use PSAR very often but I started that way so I will not change.
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 16:46
Chikot I dont use those indicators as conventional way. I use them to determine my patterns. indicators are junk.
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 16:58
reviewed:
Lessons learned from DEMO & LIVE:

- added a very simple self coded indicator to Bar chart to see the market depth. this will prevent me from shallow market trades.
also added Alarm sound to catch deep markets when I am not following.
- deleted all indicators that I used to make Bar chart size smaller. ( I was not using them. only to have shorter bar chart height to determine patterns better ) except tick indicator.
- added 15 min chat for each pair. this will keep 1min chart height shorter and also will show me the bigger trend patterns. while my screen is divided into 3 symbol it is very difficoult to see the main trend from 1 min chart due to low bar number.
- FIX_TP == 7 PIP . FIX_SL == 10 PIP. this will give me 1:20 RR ratio when calculated with comission
  in theory I will not wait for the SL. this is to keep me from fast price moves or spikes. the main exit is my exit strategy and manual exit.
- TP and SL can be changed directly from chart for the pattern levels with mouse click and move.
- added a CLOSEALL logic in the case of floating loss > accountbalance*0.95
            if (AccountEquity() <= AccountBalance()*0.950){end=true;CloseAll(Brown);deleteAllL();deleteAllS();}
  this will prevent me from lossing > %5 of equity in the case of idiotic trade actions.
- limited max number orders with 2 for each pair at the same time.
- added sound warnings when order executed from keyboard. this will warn me in the case of wrong trades taken.
- reduced max spread from 2.00 PIP to 1.50 PIP.
- reduced max price change from 2 PIP to 1 PIP while order execution.
- added Force TP. when price trigger TP but in the case of TP execution fail at broker server side, EA will close trade. ( I had one experience and it did worked )
- added Force SL. when price trigger SL but in the case of SL execution fail at broker server side, EA will close trade.
- added MFE, MAE values to collect trade statistics.
Jan 14, 2010 부터 멤버   게시물2299
Feb 25, 2012 at 17:22
I think it's getting hard to see price action behind those indicators.
I use none.
Been watching price moving pip by pip long enough to at least say when my stop gonna get hit 😉

   nordic_ posted:
   Chikot I dont use those indicators as conventional way. I use them to determine my patterns. indicators are junk.

Jan 14, 2010 부터 멤버   게시물2299
Feb 25, 2012 at 17:23
Downloaded demo from Plus500 broker. It has all stocks US and other countries, ETFs, Indexes, Commodities/ futures and also FX pairs.
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 17:41
Plus500 is most probably Scam. But I have no proof. just an information for you. platform is very simple. But ofcourse you can test what you can do with stocks.

stocks market is quite complicated. you should choose which months contract you will trade. to see that you should see the trade volumes for the each months contratcs. But I guess pluss500 will offer you most liquid month to trade. trading hours are limited. there is also a PIT issue that havent learned yet. you can trade in the pit and so on.
Jan 14, 2010 부터 멤버   게시물2299
Feb 25, 2012 at 17:50 (편집됨 Feb 25, 2012 at 17:51)
They are useless for day trading. Spreads on stocks are too high and they have no Real Volumes. But to check on longer term trading is fine. i actually started putting on trades. never traded longer term stocks either demo or live. will be interesting.
Had I wanted to trade stocks live I would go with real tick or combined with Sterling. nice platform and I can use it well, but I need one piece of information for day trading which Sterling doe snot have and real tick does. anyway, it is just for fun now as I have no risk capital to get into stocks. Have to work on my oil trading skills for now to get into OPM when I have everything in order and especially trading schedule. When I get OPM I will not work but only trade. There is no question about it. Unless I have time and 6-8 months of good trading i am not even thinking of it.
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 17:58
these days Oil is the most used word at Bloomberg.
if you want to trade stocks you should use either ninja trader or trade navigator. you can download demo from PFG I guess.
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 18:00 (편집됨 Feb 25, 2012 at 18:01)
from the time I am trading manual with 3 angular check I now better understanding why trades fail. when the corolated pair is not moving with the pair I trade it fails. ofcourse it is difficoult to determine. but it gives sense to future moves.
Jan 14, 2010 부터 멤버   게시물2299
Feb 25, 2012 at 18:13
Oil! I am 100% concentrated on oil for day trading.
stocks I will learn to trade longer term. But as I say, it is just for fun for now.
For stocks to day trade I would require to have at least $10000 and preferably $20 000 to start getting ready for day trading. 3-4 months on demo with that service I need which costs $65 monthly and after having everything in place I would go live. as I do not have risk capital it is all mute.




   nordic_ posted:
   these days Oil is the most used word at Bloomberg.
if you want to trade stocks you should use either ninja trader or trade navigator. you can download demo from PFG I guess.
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 18:44
you can test your self and see if you can do something about it. but in reality the root of stock trading is

- insider information
- tracking company news consistantly
- tracking company balance sheets consistantly
- tracking company new products and contracts
- tracking trading company market information generally

walker
Jan 14, 2010 부터 멤버   게시물2299
Feb 25, 2012 at 18:47
I think price action has everything in it.
Just finished cooking pilaf. Do you like pilaf, in Uzbekistan it is called plov. Unfortunately local lamb is not Central Asian lamb, it is not kurduk lamb 😞


   nordic_ posted:
   you can test your self and see if you can do something about it. but in reality the root of stock trading is

- insider information
- tracking company news consistantly
- tracking company balance sheets consistantly
- tracking company new products and contracts
- tracking trading company market information generally

walker
Jan 14, 2010 부터 멤버   게시물2299
Feb 25, 2012 at 18:48
There is one huge advantage in stock trading. The volume is known and it says a lot of things. Had you known that oil price was rising on low volume would you buy or wait for sell opportunity?
nordic_
forex_trader_66024
Feb 16, 2012 부터 멤버   게시물83
Feb 25, 2012 at 18:52
pure pilaf + beans is my favorite food. I like it so much. bon appetit!

if you are planning to trade price actions stay with FX. trading stocks will give trader future price information with the list I gave.
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