Simple System

trading strategies and money management discussion, code, results

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csbueno
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Postby csbueno » Fri Aug 21, 2009 1:05 pm

lukx wrote:Carlos what is TRO TZ ?



Buy Zone, but I called it "Trade Zone".


regards

Carlos

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Patch
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Postby Patch » Mon Aug 24, 2009 4:18 pm

kramium

First and foremost welcome to my favorite forex trading site.

In this your first post you have recognized the heart of the question. The answer is our challenge. When a 3Semafor high goes to a 3S low on any chart, pips are the results. When is it a retrace and when is it a reverse? Does it matter? How can we profit from this? How do we protect our profits from this same thing? And I always wonder if this can be coded into an auto trader?

Right now I have more questions than answers.

Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Helmy HAR
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Postby Helmy HAR » Mon Aug 24, 2009 8:47 pm

Patch wrote:kramium

First and foremost welcome to my favorite forex trading site.

In this your first post you have recognized the heart of the question. The answer is our challenge. When a 3Semafor high goes to a 3S low on any chart, pips are the results. When is it a retrace and when is it a reverse? Does it matter? How can we profit from this? How do we protect our profits from this same thing? And I always wonder if this can be coded into an auto trader?

Right now I have more questions than answers.

Patch
In VA


Hi Patch,

Personally I think the result of automatic trading is not always what u expect. There is always limitation n I understand why u want it to be automatic. But manual is better. Thats the art of trading.

Any system u used, u need to do it right. Thats the key. Never think, just do it.

Btw, what r u questions??? :)
KRYPTONS
"Even Superman can't stop me" :)

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Patch
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Postby Patch » Tue Aug 25, 2009 4:39 pm

Helmy HAR

I agree 100% with your post at 4.77pm yesterday. I wonder if you can fill in what the unexpected results of auto trading are? Also please explain why why manual trading is better?

Is the difficulty in an auto trade AE, the definitions and conditions of entry and exited being explicitly stated? Computers in my view, offer a great opportunity for auto-trading, though at this point we are the pioneers.

For a long time people said we couldn't land a man on the moon, then along comes a President, JFK, and a man was walking on the moon, what about 10 years later. I say, AutoTrading is the trend of the future.

Also, any AE I code or get coded, I will have time start and stops, and will be sitting in front of my computer the entire time any live trades are in the market.

Please tell me your additional thoughts and response.

--Patch
In VA
Last edited by Patch on Tue Aug 25, 2009 6:23 pm, edited 1 time in total.
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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Helmy HAR
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Postby Helmy HAR » Tue Aug 25, 2009 6:09 pm

Patch wrote:Helmy HAR

I agree 100% with your post at 4.77pm yesterday. I wonder if you can fill in what the unexpected results of auto trading are? Also please explain why why manual trading is better?

Is the difficulty in an auto trade AE, the definitions and conditions of entry and exited being explicitly stated? Computers in my view, offer a great opportunity for auto-trading, though at this point we are the pioneers.

For a long time people said we couldn't land a man on the moon, then along comes a President, JFK, and a man was walking on the moon, what about 10 years later. I say, AutoTrading is the trend of the future.

Also, any AE I code or get coded, I will have time start and starts, and will be sitting in front of my computer the entire time any trades are in the market.

Please tell me your additional thoughts and response.

--Patch
In VA


Hello Patch,

There r some conditions where system cannot be coded. For me this small problem might be a big loss to us. I never used it before but i I did hear complaints on EA or robots, such as slippage. I dont want to talk about the complaints here. Google it...

Manual trading is much better. Not only it will give me a good result but it will give me a valuable experience in trading. That will make us a better trader. I believe my self, i believe my system and i'm the one who will trade my money. Automatic trading is just like asking someone to manage ur account. I know sometime it works. But for me SATISFACTION is important.

Sitting infront of the computer, enter/exit ur trade, watching the market are all the nature of trading. Trading is not easy. Just like having a shop, u have to sit in ur shop, waiting for customer to buy ur things. But the idea of trading is to make profit. In forex, you dont need to sit 24 hours infront of ur computer to make profit.

No offence. I do believe some EA are working but as I said there is limitation. And I love the way I trade now. Auto trading is the trend of the future?? Maybe...who knows...but i'll prefer to trade manually.

P/S. Man was walking on the moon right??? Its not robot right???
KRYPTONS

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adaseb
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Postby adaseb » Tue Aug 25, 2009 7:23 pm

Looking at the first photo you posted.


csbueno
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Postby csbueno » Wed Aug 26, 2009 1:33 am

adaseb wrote:Looking at the first photo you posted.



Hello:




The AO was not to my liking at that moment and I also check price action on D1 chart and h1 chart. I fine tune with that.





Regards


Carlos



http://csbueno57.mt4stats.com/

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Patch
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Postby Patch » Wed Aug 26, 2009 2:56 am

Helmy HAR

Thanks for your thoughts on auto trading posted earlier today. From what you expressed, I don't think auto trading is a good option for you to pursue. That said, it remains an area of great interest for me. I believe if we know what the pitfalls are, such as excessive spreads during fast trade times, this condition can be written into code. At this point I am writing the various conditions I've listed for entry, exit and sit tight for the buy zone on an hourly and perhaps every 30minute entry basis. I am definitely interested in all the danger zones that need to be considered and coded to handle for this project.

The great news is that I've hit my target of 7 pips using the buyzone for the last 3 of 4 days. See what tomorrow brings.

Most of all keep on doing your great job of trading and posting your charts and results.

You and csbueno have been a great help to me.

Many thanks,

Patch
In VA


Given the market can do anything at any time, I am
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO

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adaseb
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Postby adaseb » Wed Aug 26, 2009 6:56 am

csbueno

So currently what is your trading strategy?

Do you use the E-Reg Channel Lines? Zero Stoch? Buzzards? Buy Zone?

csbueno
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Postby csbueno » Wed Aug 26, 2009 1:02 pm

adaseb wrote:csbueno

So currently what is your trading strategy?

Do you use the E-Reg Channel Lines? Zero Stoch? Buzzards? Buy Zone?





Hello:

Mostly Buy zone, but with some guide from the others. Theres no fixed way, since I follow price action, and use that as a whole strategy.


Regards

Carlos

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