Indicators By Insanity Industries

If you don't know where to start, start here! Don't be afraid to ask questions.

Moderator: moderators

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Apr 12, 2010 5:46 am

Hmmm, but then you would have to trade the demo exactly to match your live account.
I could just input the account size in the indicator after every trade no biggie......

This is for psychological malfunctions. The account value should not be shown or he amount of risk on the trade in $ amounts....
kinkda like in my pic. just simple risk percent and lives left. Not biggie if you lose a life or 2 when you have 97 left. At $500 a pip you may not like losing 2 lives with 15 pip stop...hehehehe

but its' still only 2 lives if all you see is % risk and lives. Keep you focused on the trade and NOT $$ going up and down.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Apr 12, 2010 5:49 am

Almost there...

ImageImageImageImage

G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Apr 12, 2010 5:53 am

BTW, playing with your II sup/dem indy tonight. Up over 70 pips so far on 4 trades........ hehehe
M15 zones and m1/m5 chart for entries.
4 up/ 1 down (-10 pips......1 life) LOL

example trade open now.

Image
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Apr 12, 2010 6:15 am

One more caveat.

I'm subtracting the margin requirements when in the open trade. The remaining balance is what is used to tell you how many lives are left with that specific lot size to drain the account to the point you could not trade that size with same size stop.

Bal. 401.03 -13.69 =387.34

387.34 / $4.00(1% risk of 400 there abouts) = 96.8x LIVES!!!!

10 pip stop and 40 cent pips. or 20 pip stop and 20 cent pips......ect. ect.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Apr 12, 2010 6:27 am

the other info can be turned off, leaving just the life counter. Its there to check your basic numbers before you do something dumb....
I dont think you need to see the risk percentage, it might get to your delicate squishy human brain... it also looks cooler without it :)

G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Apr 12, 2010 6:29 am

prochargedmopar wrote:One more caveat.

I'm subtracting the margin requirements when in the open trade. The remaining balance is what is used to tell you how many lives are left with that specific lot size to drain the account to the point you could not trade that size with same size stop.

Bal. 401.03 -13.69 =387.34

387.34 / $4.00(1% risk of 400 there abouts) = 96.8x LIVES!!!!

10 pip stop and 40 cent pips. or 20 pip stop and 20 cent pips......ect. ect.


I can adjust for that... no problem

G.

edit: additional info now includes max concurrent trades
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Apr 12, 2010 6:51 am

Cool deal

That will be a nice indy for day traders.
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

User avatar
prochargedmopar
rank: 5000+ posts
rank: 5000+ posts
Posts: 5545
Joined: Sat Dec 20, 2008 6:07 am
Reputation: 8
Location: Granbury, TX
Gender: Male
Contact:

Postby prochargedmopar » Mon Apr 12, 2010 6:54 am

bredin wrote:Almost there...

ImageImageImageImage

G.


That looks VERY cool.

Much easier on the brain waves....hehehe
#1BODY in direction of profit #2INCREASE lot size Obsessively
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Apr 12, 2010 9:59 am

prochargedmopar wrote:BTW, playing with your II sup/dem indy tonight. Up over 70 pips so far on 4 trades........ hehehe
M15 zones and m1/m5 chart for entries.
4 up/ 1 down (-10 pips......1 life) LOL

example trade open now.

Image


Is it helping you to hold? Are you even still having that issue?

G.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

User avatar
bredin
rank: 1000+ posts
rank: 1000+ posts
Posts: 1032
Joined: Mon Feb 16, 2009 10:41 pm
Reputation: 0
Gender: None specified
Contact:

Postby bredin » Mon Apr 12, 2010 10:08 am

Image

lives(max lives)

lives shows the adjusted lives for having an open position
max lives shows actual lives value.

Better or not? user input to decide?

G.

edit: ive made it so that it shows split lives if there are open trades.
Welcome to the era of "Guns and Maskies" Trading!
The previous message contains discretion. Viewer nudity is advised.
Insanity Industries Indicators Here
Insanity Industries on YouTube!

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.


Return to “beginners forum”