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dragon33
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Postby dragon33 » Wed Feb 04, 2009 3:21 pm

MightyOne wrote: I am confident that Dragon doesn't need the dynfibs and that he can trade with one and a half eyes closed.


That is very dangerous! If i do that maybe i will sit next to my chair and fall to the ground. :lol:

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Postby dragon33 » Wed Feb 04, 2009 3:35 pm

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Just awake and while i was answering the forum i saw this opportunity.
It was a good day for me.
I'm almost feeling :oops: because it is not hard to do it. You even don't need to put a lot of time in it.
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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 04, 2009 4:52 pm

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I used my TRO_HL indicator 5 times to plot the previous 5 candle's high/low to indicate possible ZERO LINES.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

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Postby razorboy » Wed Feb 04, 2009 5:17 pm

Trend of the day was down - price had already done its average range - mostly down

short stop entry @ 1.2830 - price made a new high @ 2875
looked at 4 hour chart - potential support@ 2800 with res@ 2900

Moved short stop order up to 2864 - took [s]20 [/s] 19.7 Pips on the way down.....

Price went the other ways afterwards - not sure if I was smart or lucky
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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 04, 2009 5:58 pm

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Where did price stop?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Random Entries....

Postby razorboy » Wed Feb 04, 2009 9:08 pm

Don't "yell" at me for this question, but figured it was worth asking? Has anyone experimented with simply using "random" entries with tight SL's and trailing stops?

Thanks

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Postby MightyOne » Wed Feb 04, 2009 9:27 pm

This indicator is MO approved :roll:


Image

It was posted some time ago by ________, but I only just now got around to testing it.
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TheRumpledOne
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Postby TheRumpledOne » Wed Feb 04, 2009 9:56 pm

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MightyOne, looks like you modified the range count. That reminded me that I had wanted to change it from fixed to user input. Thanks.
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MightyOne
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Re: Random Entries....

Postby MightyOne » Wed Feb 04, 2009 9:58 pm

razorboy wrote:Don't "yell" at me for this question, but figured it was worth asking? Has anyone experimented with simply using "random" entries with tight SL's and trailing stops?

Thanks


By random I assume you are referring to direction?

Some time ago I was using set patterns as a template for trading.
I would trade from the open price on the open of every time interval in a GO LONG, GO SHORT, GO LONG pattern.

And...

This hour I am *coin flip* xxxxish!

What do you mean by tight SL?
The tighter your SL the more likely it is that you exist only to offer
other traders a better price to enter.

Stops are for risking a set amount of your account; once you place them do not move them.
Why would you use even a 10 pip trailing stop? You might as well count out $1,000 and just throw it in the trash...

Best price to enter --> best price to exit.

...I think you can do better than a monkey.

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MightyOne
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Postby MightyOne » Wed Feb 04, 2009 10:36 pm

MB Trading says,"Historical data is being explored but I cannot guarantee it will be available at the time of MT4's release."

Thank you for your interest in MB Trading.

What kind of a company doesn't save historical data?

They cannot guarantee that historical data will be available?
So we are to leave our computers connected 24/7 and store our own data?
I assume the MT4 delay is MB Trading trying to collect enough data to put a few bars on the chart.

My problem was with Ninja Trader because I had to start collecting data from scratch.
I e-mailed MBT to see if they were going to start saving data with the release of MT4 because how can you have MT4 and no history?

*sigh*

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