watch this video. can be interesting
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 07, 2012 at 18:49
manual traders I advise you to visit the below link.
https://www.forex-tsd.com/harmonic-trading/1093-harmonic-trading.html
I have found it 10 min ago and will read as much as I can. this is partially what I am doing with _somehow pattern trading.
walker
https://www.forex-tsd.com/harmonic-trading/1093-harmonic-trading.html
I have found it 10 min ago and will read as much as I can. this is partially what I am doing with _somehow pattern trading.
walker
Membro Desde Jan 14, 2010
2299 posts
Feb 08, 2012 at 01:09
Steve, you mean you open position with $5 per pip size?
walker36 posted:
thanks Chikot same wishes for you.
I will reduce the risk from 0.75 LOT per 5000$ equity >> 0.50 LOT per 5000$ equity.
this is %50 of my initial plan. So this will reduce my risk %50.
walker
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 08, 2012 at 20:59
yes. correct
Chikot posted:
Steve, you mean you open position with $5 per pip size?
walker36 posted:
thanks Chikot same wishes for you.
I will reduce the risk from 0.75 LOT per 5000$ equity >> 0.50 LOT per 5000$ equity.
this is %50 of my initial plan. So this will reduce my risk %50.
walker
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 08, 2012 at 21:04
greetings
today I had the daily goal and then keep on trading to test some more new patterns.
also had a very strange experience.
I had 3 orders with exactly same TP . when price reach that level 2 of them has closed and 1 of them has NOT.
next step is I will add a extra order close algo that will check the TP level and in the case of the same situation EA will handle the trades.
walker
today I had the daily goal and then keep on trading to test some more new patterns.
also had a very strange experience.
I had 3 orders with exactly same TP . when price reach that level 2 of them has closed and 1 of them has NOT.
next step is I will add a extra order close algo that will check the TP level and in the case of the same situation EA will handle the trades.
walker
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 08, 2012 at 21:31
that code has added. I will first test it on demo and see how it will work.
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 08, 2012 at 21:42
when trader set TP ans SL from MT4 side those are also setted on broker server side. So logicly there should not be a problem as I have metioned above post. If it would be only on MT4 side then MT4 execution queue could cause the problem.
this problem shows that also broker server has a queue(which is normal) but it is not locking on and executing one by one.
walker
this problem shows that also broker server has a queue(which is normal) but it is not locking on and executing one by one.
walker
Membro Desde Jan 14, 2010
2299 posts
Feb 08, 2012 at 22:54
Oh Brave One ! 😲
walker36 posted:
yes. correct
Chikot posted:
Steve, you mean you open position with $5 per pip size?
walker36 posted:
thanks Chikot same wishes for you.
I will reduce the risk from 0.75 LOT per 5000$ equity >> 0.50 LOT per 5000$ equity.
this is %50 of my initial plan. So this will reduce my risk %50.
walker
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 08, 2012 at 23:24
not so much. I reduced it from 10$/pip to 5$/pip😉
Chikot posted:
Oh Brave One ! 😲
walker36 posted:
yes. correct
Chikot posted:
Steve, you mean you open position with $5 per pip size?
walker36 posted:
thanks Chikot same wishes for you.
I will reduce the risk from 0.75 LOT per 5000$ equity >> 0.50 LOT per 5000$ equity.
this is %50 of my initial plan. So this will reduce my risk %50.
walker
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 08, 2012 at 23:26
after I had coded the keyboard I start using second machine for emails and other internet actions. But strangly my lot size and some other parameter were changing.
at last I found the reason. I was using the calculator on coded machine😲😲
at last I found the reason. I was using the calculator on coded machine😲😲
Membro Desde Jan 14, 2010
2299 posts
Feb 08, 2012 at 23:54
Still, $5000/ $5 = 1000 😲 I usually trade size that is 1/10000 of my account per pip to 1/5000 per pip. Are you going to do it manually?
walker36 posted:
not so much. I reduced it from 10$/pip to 5$/pip😉
Chikot posted:
Oh Brave One ! 😲
walker36 posted:
yes. correct
Chikot posted:
Steve, you mean you open position with $5 per pip size?
walker36 posted:
thanks Chikot same wishes for you.
I will reduce the risk from 0.75 LOT per 5000$ equity >> 0.50 LOT per 5000$ equity.
this is %50 of my initial plan. So this will reduce my risk %50.
walker
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 09, 2012 at 00:01
yes. _somehow semiautomated. I execute trades from keyboard. the reason is this to prevent from oldtick, slippage and high spread. EA gets the execution command from keyboard and execute it when the situation is good for the trade. with that I also can monitor the slippage.
BUT I spend all time watching the screen, each tick.
BUT I spend all time watching the screen, each tick.
Chikot posted:
Still, $5000/ $5 = 1000 😲 I usually trade size that is 1/10000 of my account per pip to 1/5000 per pip. Are you going to do it manually?
walker36 posted:
not so much. I reduced it from 10$/pip to 5$/pip😉
Chikot posted:
Oh Brave One ! 😲
walker36 posted:
yes. correct
Chikot posted:
Steve, you mean you open position with $5 per pip size?
walker36 posted:
thanks Chikot same wishes for you.
I will reduce the risk from 0.75 LOT per 5000$ equity >> 0.50 LOT per 5000$ equity.
this is %50 of my initial plan. So this will reduce my risk %50.
walker
Membro Desde Jan 14, 2010
2299 posts
Feb 09, 2012 at 00:11
yeah, me too. This is the reason I cannot trade well more than one instrument cause I have to watch carefully how price moves tick by tick when making decision.
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 09, 2012 at 00:16
currency has one advantage rather then Oil which is I can monitor 3 angular price movement between EURUSD/GBPUSD/EURGBP. this is one of the most important point. So I need to watch 3 pairs at the same time. this is the dificoult part.
Chikot posted:
yeah, me too. This is the reason I cannot trade well more than one instrument cause I have to watch carefully how price moves tick by tick when making decision.
Membro Desde Jan 14, 2010
2299 posts
Feb 09, 2012 at 00:56
Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉
Membro Desde Jan 14, 2010
2299 posts
Feb 09, 2012 at 00:57
I think oil is more than enough for me.
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 09, 2012 at 05:39
flatten. it was a long day. time to rest.😎
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 09, 2012 at 16:33
daily goal done.
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 09, 2012 at 18:34
GRID is not a trading system. pro traders use GRID to enter trade with a average price. which is logic. It is not possible to know how much price will pullback. at that point they set a entry point and enter. then in the case of a reverse move they open some more trades and average the price with an exit strategy or level or %.
GRID == SUICIDE.
GRID == SUICIDE.
Chikot posted:
Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉
Membro Desde Jan 14, 2010
2299 posts
Feb 09, 2012 at 22:28
Anyway, a lot of guys use grid in FX market but I have not heard of anyone trading this way oil or other commodities...
walker36 posted:
GRID is not a trading system. pro traders use GRID to enter trade with a average price. which is logic. It is not possible to know how much price will pullback. at that point they set a entry point and enter. then in the case of a reverse move they open some more trades and average the price with an exit strategy or level or %.
GRID == SUICIDE.
Chikot posted:
Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉
forex_trader_36599
Membro Desde May 13, 2011
1341 posts
Feb 10, 2012 at 15:16
the reason is the leverage. commodities has low leverage and GRID can not be traded with that.
Chikot posted:
Anyway, a lot of guys use grid in FX market but I have not heard of anyone trading this way oil or other commodities...
walker36 posted:
GRID is not a trading system. pro traders use GRID to enter trade with a average price. which is logic. It is not possible to know how much price will pullback. at that point they set a entry point and enter. then in the case of a reverse move they open some more trades and average the price with an exit strategy or level or %.
GRID == SUICIDE.
Chikot posted:
Oil is a different instrument and behaves differently from currencies. this is why you won't see many grid traders trading oil 😉
