ProchargedMopar's Trading Trilogy

[prochargedmopar]

Thanks razvano.

[blubbb]

Hey pro,
I'm going to open a new thread just for the few indicators I've written so I can keep everything up-to-date and clean.
Might take a few days though since I'm on vacation right now and I can hardly read the posts here let alone trade.
But don't worry.

[prochargedmopar]

Thankyou sir,
It will help my trading greatly.

[MightyOne]

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.

[Fxtraveller]

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.

[prochargedmopar]

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.

[prochargedmopar]

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.

[Fxtraveller]

I was talking about the #3's. Thanks, got the template.
Will sort out the dashboard.
Good Luck and Discipline to you.

[prochargedmopar]

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.

[prochargedmopar]

Sure is sweet to wake up to Z-line heave

The market will provide another day of these.
Just WAIT. LOL