2009.04.28 YOUR OWN CASINO

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kc8flq
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Postby kc8flq » Fri May 01, 2009 4:14 pm

Fxtraveller wrote:Could someone please post a link to the thread of the risk reward indicator, please? been searching for days.
Cheers.



Check the motherlodes. Specifically, march 09.
Give a man a fish.... feed him for a day...
Teach a man to fish.... feed him for a LIFETIME!!!

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Postby rowdy » Fri May 01, 2009 4:57 pm

Fxtraveller wrote:Could someone please post a link to the thread of the risk reward indicator, please? been searching for days.
Cheers.


follow this link-
http://kreslik.com/forums/viewtopic.php?t=1716

make sure and get the fixed version near the middle of the thread.

Fxtraveller
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Postby Fxtraveller » Fri May 01, 2009 6:25 pm

kc8flq, rowdy- thank you :)

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Probably you already found out!!

Postby frang0nve » Sun May 03, 2009 8:37 pm

Hi TRO,


TheRumpledOne Wrote:

I wonder why our counts are so different??!!??!


In your indicator:
[font=Courier New]
Hiop >= 10: 3069 73.77%
Oplo >= 10: 2947 70.84%
Both >= 10: 1913 45.99%
Both Not >= 10: 2247 54.01%[/font]

In cpamom post:

1,199 (28.82%) moved up 10+ pips from open, 1,077 (25.89%) went down 10+ pips, 68 (1.63%) didn't hit 10+ either way, 1,816 (43.65 %) hit it both directions.

If I'm not wrong this is the difference:

Hiop (Oplo) counts the bars moving up (down) 10+ pips (including the bars moving up and down 10+ pips) thats why adding all the figures we get more that the total number of bars counted (4160).

3069 - 1913 = 1156 bars only moving up 10+ pips
2947 - 1913 = 1034 bars only moving down 10+ pips

that's much closer to the figures reported by cpamom

Cheers

ahdrewforex
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Postby ahdrewforex » Fri May 22, 2009 3:35 am

Hi Avery, thanks for the email :-)

By the way, i loaded the template for USD/JPY but it shows GBP/USD



deleted the item and refresh but still the same, any advice please?

thanks.[left]http://img200.imageshack.us/img200/2919/dtbcasino.gif[/left]

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TheRumpledOne
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Postby TheRumpledOne » Fri May 22, 2009 5:09 am

You don't have the magnified market price indicator.

Look in the MT4 MOTHERLODES.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby ahdrewforex » Fri May 22, 2009 7:38 am

Hi Avery, i have checked, i do have the Magnified Market Price indicator, it is working well with DTBRev006. But with this Casino.tpl, it doesn't work. hmm.. if i delete the big price item, and load the Magnified Market Price indicator MANUALLY, it works.

and also notice that the wordings below the H1 Color 3.2.1.0, it is showing as GBP/USD, but my loaded pair chart is for USD/JPY.


gosh, a bit confused now. what do i need to correct please?

Thanks a lot in advance! : :roll:



TheRumpledOne wrote:You don't have the magnified market price indicator.

Look in the MT4 MOTHERLODES.

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TheRumpledOne
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Postby TheRumpledOne » Fri May 22, 2009 8:17 am

You did it right.

1) delete the object from the chart

2) load the indicator

Now...

3) save the template

It should wrote fine from now on.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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TheRumpledOne
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Postby TheRumpledOne » Fri May 22, 2009 8:18 am

You did it right.

1) delete the object from the chart

2) load the indicator

Now...

3) save the template

It should wrote fine from now on.

For the candle color, make sure the symbol input is BLANK. That tells the indicator to use the chart symbol.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



Please do NOT PM me with trading or coding questions, post them in a thread.

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prochargedmopar
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Postby prochargedmopar » Sat May 23, 2009 3:04 pm

TRO,
You have stated that this is basically the "buy zone".

If you think about it ALL horizontal line trading is the "BUY ZONE"

Wait for new H1 timeframe to open:
Then take trade:
BASIC BUYZONES......
Buyzone 4 pips from open.
Casino 10 pips from open.

VARIABLE BUYZONES.......
Psych lines 1-24 pips from open
10 lines 1-9 pips from open.
5 lines 1-4 pips from open.

What we want is follow through or a continuation of price in "our" direction.
So, the better we are at "forecasting" the future of price movement the more pips we can grab.

10 lines seem to be the best compromise. Limit trade to no less than 4 (buyzone) and no more than the next available 10 "trigger" so you don't go over 14.
Entry will always be 4-14 pips from open.
Now, If we add candlestick patterns (one higher and one lower timeframe) to the mix to see if we are close to a reversal or just starting to build momentum. This should allow us to increase our odds of successful trades beyond the stats above. DFSR stats gauge could be useful here too. I know, just use the mm candle color right?

No?

Keep in mind this is all out the window if the basic rule of two trades (maybe even just one) an hr. are not followed.
#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

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