ProchargedMopar's Trading Trilogy
Moderator: moderators
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
Thanks razvano.
#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
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.
Thank you for your support.
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
Thankyou sir,
It will help my trading greatly.
It will help my trading greatly.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
I went over your posted trades and used TRO's risk reward indicator to edit the MO MM for scalping.
Here is what I came up with to grow your account back as fast as humanly possible:
If you are down by 3 trades at any time during the day then quit for the day.
As your account grows increase the account value in your indicator and save the template; the account value number should never be reduced.
It is set up so that you can lose 3 trades a day for a maximum of 5 days.
I only allocated enough margin for 1 open position to reduce the number of days before you can trade a more lots.
Consider clicking out for less than the TP to be a LOSS not a gain!
You need around 63% wins to break even taking 78% of your SL as profit.
Here is what I came up with to grow your account back as fast as humanly possible:
If you are down by 3 trades at any time during the day then quit for the day.
As your account grows increase the account value in your indicator and save the template; the account value number should never be reduced.
It is set up so that you can lose 3 trades a day for a maximum of 5 days.
I only allocated enough margin for 1 open position to reduce the number of days before you can trade a more lots.
Consider clicking out for less than the TP to be a LOSS not a gain!
You need around 63% wins to break even taking 78% of your SL as profit.
- Attachments
-
- TRO_MO_MoneyManagement.mq4
- SCALPERS EDITION
- (8.76 KiB) Downloaded 225 times
-
- rank: 150+ posts
- Posts: 395
- Joined: Thu Nov 27, 2008 2:56 pm
- Reputation: 6
- Location: UK
- Gender:
Hi Pro.
could you pleeeease upload the indicator shown in your charts?
the dynamic fibs but which shows the level of a semafor instead of dots? I need it to look at charts and see how many times the number "3" repaints until the major reversal.
I got the donational indys from TRO, dont think I have it.
+ do you have any problems with the 3lzz dashboard? I tried to upload it , but it immediately eats all of my cpu usage and... the platform stops responding....
Regards.
could you pleeeease upload the indicator shown in your charts?
the dynamic fibs but which shows the level of a semafor instead of dots? I need it to look at charts and see how many times the number "3" repaints until the major reversal.
I got the donational indys from TRO, dont think I have it.
+ do you have any problems with the 3lzz dashboard? I tried to upload it , but it immediately eats all of my cpu usage and... the platform stops responding....
Regards.
- Attachments
-
- 23t49r4.jpg.gif (25.51 KiB) Viewed 2818 times
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
MIghtyOne:
Thanks for the vote of confidence.
I put the three and flee on my stats chart.
Your Z-lines are really looking good.
Thanks blubbb for the pop-ups.
Sun. night.
All demo trades to see if what I"m seeing is actually what I'm seeing.
Yup.
7 for 7 on quick scalps.
Used this chart.
And this chart.
I'll clean them up a bit over time as I'm not looking at everything that is on there anyway. The DSS is always late but would actually help me to hold trades longer if I followed it once in them.....Or I could just go with the closed candle trick.
Thanks for the vote of confidence.
I put the three and flee on my stats chart.
Your Z-lines are really looking good.
Thanks blubbb for the pop-ups.
Sun. night.
All demo trades to see if what I"m seeing is actually what I'm seeing.
Yup.
7 for 7 on quick scalps.
Used this chart.
And this chart.
I'll clean them up a bit over time as I'm not looking at everything that is on there anyway. The DSS is always late but would actually help me to hold trades longer if I followed it once in them.....Or I could just go with the closed candle trick.
Last edited by prochargedmopar on Mon Jun 15, 2009 1:16 am, edited 1 time in total.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
FXtraveler,
I think you are talking about TRO plot. The purple and pink lines??
If so, I've noticed that the Dyn Fibs dots line up with the H4/D1 highs and lows pretty regularly.
I have it set to plot the previous days D1 and H4 highs and lows. That's it.
It you are talking about the dotted #3's. All that is is dynfibs with the settings changed. Not 3LZZ semafor indy. I posted a template here:
http://kreslik.com/forums/viewtopic.php?t=1863
Toward the bottom of the page.
No problems at all with the 3LZZ. There was a version that did that to some people but he updated/fixed it. Ask TRO, He'll help.
I think you are talking about TRO plot. The purple and pink lines??
If so, I've noticed that the Dyn Fibs dots line up with the H4/D1 highs and lows pretty regularly.
I have it set to plot the previous days D1 and H4 highs and lows. That's it.
It you are talking about the dotted #3's. All that is is dynfibs with the settings changed. Not 3LZZ semafor indy. I posted a template here:
http://kreslik.com/forums/viewtopic.php?t=1863
Toward the bottom of the page.
No problems at all with the 3LZZ. There was a version that did that to some people but he updated/fixed it. Ask TRO, He'll help.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
-
- rank: 150+ posts
- Posts: 395
- Joined: Thu Nov 27, 2008 2:56 pm
- Reputation: 6
- Location: UK
- Gender:
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
You've got to be kidding me.
London Session.
I missed a m15 and H1 Z-line short trigger.
I figured it could only drop so far as it had already been down a few hrs.
I played a few reversal trades by getting a quick ride on forming wicks.
BUYING.
I come home this morning to see it tanked all night long.
I thought I had learned to trade with the trend a while back.
Anyway, it was good practice reading the M1 chart and getting out when required.
Max drawdown on any trade was 5.4 pips.
+ 11.3 on 5 trades.
All losses according to M.O.'s "three and flee" Money management...... LOL
A couple I got out in the nick of time.
A couple others I could have grabbed 12-15 pips if I'd held.
12117399 EUR/USD 10 B 1.38959 1.38999 4 4.00 0.00 6/15/2009 02:55 6/15/2009 03:07
12116915 EUR/USD 10 B 1.38914 1.38932 1.8 1.80 0.00 6/15/2009 02:45 6/15/2009 02:46
12116749 EUR/USD 10 B 1.38934 1.38959 2.5 2.50 0.00 6/15/2009 02:39 6/15/2009 02:40
12116217 EUR/USD 10 B 1.38902 1.38911 0.9 0.90 0.00 6/15/2009 02:28 6/15/2009 02:29
12115574 EUR/USD 10 B 1.39089 1.39110 2.1 2.10 0.00 6/15/2009 02:14 6/15/2009 02:17
Total 50 11.3 11.30 0.00
Look at this.
London Session.
I missed a m15 and H1 Z-line short trigger.
I figured it could only drop so far as it had already been down a few hrs.
I played a few reversal trades by getting a quick ride on forming wicks.
BUYING.
I come home this morning to see it tanked all night long.
I thought I had learned to trade with the trend a while back.
Anyway, it was good practice reading the M1 chart and getting out when required.
Max drawdown on any trade was 5.4 pips.
+ 11.3 on 5 trades.
All losses according to M.O.'s "three and flee" Money management...... LOL
A couple I got out in the nick of time.
A couple others I could have grabbed 12-15 pips if I'd held.
12117399 EUR/USD 10 B 1.38959 1.38999 4 4.00 0.00 6/15/2009 02:55 6/15/2009 03:07
12116915 EUR/USD 10 B 1.38914 1.38932 1.8 1.80 0.00 6/15/2009 02:45 6/15/2009 02:46
12116749 EUR/USD 10 B 1.38934 1.38959 2.5 2.50 0.00 6/15/2009 02:39 6/15/2009 02:40
12116217 EUR/USD 10 B 1.38902 1.38911 0.9 0.90 0.00 6/15/2009 02:28 6/15/2009 02:29
12115574 EUR/USD 10 B 1.39089 1.39110 2.1 2.10 0.00 6/15/2009 02:14 6/15/2009 02:17
Total 50 11.3 11.30 0.00
Look at this.
#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
My Losses cause me Great Laughter!
Trading Bible here> therumpledone/the-ideas-that-i-trade-by-t3256/page1670
- prochargedmopar
- rank: 10000+ posts
- Posts: 12048
- Joined: Sat Dec 20, 2008 6:07 am
- Reputation: 1790
- Location: Granbury, TX
- Gender:
- Contact:
Sure is sweet to wake up to Z-line heave
The market will provide another day of these.
Just WAIT. LOL
The market will provide another day of these.
Just WAIT. LOL
#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
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.
Thank you for your support.