The ideas that I trade by:

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abc
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Re: The ideas that I trade by:

Postby abc » Tue Jul 12, 2016 3:57 pm

MO I have a question to you,

You write some time ago that exit without "x" candle is not a part of your plan.
And the worst thing that can happend is body closing after your entry. the "y" candle

to be clear I know exaclyy how price is moving but fear of lossing possible proffit happends that im still losing!
Im predicting price direction in 95% of time, the rest simply im able to exit at "BE" (of course if i Will take best ZL inside the range not a main ZL of TF+ what im curently waching.

So my questions is do you really holding your positions when price cross something but will not closing above/over it? Or after crossing someting you are thinking about exit and following of small TF which close above somefing in this same time ? Or you are hoping that price didint close under something on big TF so price might close above something on small TF and that will save your life.

That situations was just a some time on GU loook


Is my questions have any sens for you ?
Inside of this blue shape i took many,many trade
Of cours the arrows are :P
https://zapodaj.net/bac92703b5a44.png.html


MO also did you taking a trade with huge SL when price close above someting or you will wait on smaller TF for Body closing in this same direction ? Are you not affreid that you miss trade ?

Thx for help

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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Jul 12, 2016 4:53 pm

TheRumpledOne wrote:Welcome back, MO.


Just dropping off code, it would be rude of me to make modifications to Salezy's code and not post it for him to look at.

M1 - H1 charts have lines that are spaced between 2.25 and 2.75% of the median range; if you make these lines your "pips" then there is no fast/slow mover, every pair has the same impact to your account.

Instead of risking 8 pips you spread your risk over 3.5 lines and target 2, 2.5, or 3 lines & sometimes let it run (maybe a line on a larger chart has been triggered and you can halve your position and move your stop 3.5 lines from the trigger; the "multiplier" setting would be activated if you were doing this).

The preset origin, from which the numbers are projected, is the monthly midpoint & this makes for an excellent bias...
but if there is a monthly breakout then you will want to use the prev. high/low until the midpoint surpasses the extreme.

Anyways, while I am here I might as well answer a few questions before I sign out again.

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Re: The ideas that I trade by:

Postby forexjpn » Wed Jul 13, 2016 1:55 am

Just want to get my 'Thanks' in there while I have a chance, MO.
Good luck with everything, you've made positive changes in many lives here at Kreslik! Cheers

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Re: The ideas that I trade by:

Postby salezyakuku » Wed Jul 13, 2016 1:14 pm

MightyOne wrote:Just dropping off code, it would be rude of me to make modifications to Salezy's code and not post it for him to look at.


Thanks MO, I will add this code also to v6 in next release (if any :lol:). I sent you PM regarding CZ, take a look.

BTW. CZ should be calculated old way from last 3 or in new way from Eights? I know that many times will be same value but maybe you have some observation?

Left CZ standard, right CZ from 6 bars.
cz3.png
cz3.png (28.85 KiB) Viewed 895 times
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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Wed Jul 13, 2016 5:09 pm

salezyakuku wrote:...

BTW. CZ should be calculated old way from last 3 or in new way from Eights? I know that many times will be same value but maybe you have some observation?

Left CZ standard, right CZ from 6 bars.
cz3.png


I prefer the old, last 3, CZ.

The only thing that you don't want it to do is select an abnormally small range as the median.

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Re: The ideas that I trade by:

Postby MightyOne » Thu Jul 14, 2016 4:50 am

We are going to have 400 versions of the Eights indicator, I know :lol:

This one has external settings for account size, risk percent, and spreading risk over x lines.

CHFJPYH1.png
CHFJPYH1.png (38.8 KiB) Viewed 766 times

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Re: The ideas that I trade by:

Postby salezyakuku » Thu Jul 14, 2016 10:02 am

400 is possible 8). I share below what I changed.

Space had sublevel value so I * num_lines and normalize it from:

Code: Select all

 "Space = " , sublevels/10 , "\n" ,

to:

Code: Select all

"Space = " , NormalizeDouble(sublevels/10*num_lines,0) , "\n" ,



I also add LotSize calculation:
lotsize.png
lotsize.png (2.88 KiB) Viewed 715 times
Attachments
Eights4v%28Money_MOD_2%29.mq4
(11.67 KiB) Downloaded 25 times
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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Thu Jul 14, 2016 3:20 pm

salezyakuku wrote:400 is possible 8). I share below what I changed.
Space had sublevel value so I * num_lines and normalize it from:

Code: Select all

 "Space = " , sublevels/10 , "\n" ,

to:

Code: Select all

"Space = " , NormalizeDouble(sublevels/10*num_lines,0) , "\n" ,

I also add LotSize calculation:


Thanks Salezy :smt023

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Postby MightyOne » Fri Jul 15, 2016 3:17 pm

"Intelligence is the ability to make finer distinctions"



EURUSDM5.png
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EURUSDWeekly.png
EURUSDWeekly.png (42.36 KiB) Viewed 736 times

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Postby MightyOne » Fri Jul 15, 2016 3:31 pm

How do you trade patterns? With horizontal lines (think P&F).

:shock: I have the wrong version of Eights loaded on this chart...I should delete the other copies :lol:


CHFJPYH1.png
CHFJPYH1.png (33.73 KiB) Viewed 740 times

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