The ideas that I trade by:

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salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Tue Sep 13, 2016 2:59 pm

MightyOne wrote:
salezyakuku wrote:
MightyOne wrote:Here is a line and a half on the monthly chart.

24 is 1.


Very tightly :shock:. What settings you using currently?

Thanks.


This is a strategy, it is not THE strategy.

The object is to simply make at least one space on a monthly chart (28.8% of range) per day.
Currently the stop loss is 6.3 and the target is about 50.4 pips.

The risk is 1.5% over 3 lines.
% of range = 1.2 (1.2 or 1.8 is a "small" chart)
Multiplier is set to false
Lines are solid every 24

Multiplier and all clear. One more time thanks.

BTW. In version 13, I setup % of range = 1.2 changed from 2.
Last edited by salezyakuku on Tue Sep 13, 2016 8:52 pm, edited 1 time in total.
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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Sep 13, 2016 3:16 pm

TheRumpledOne wrote:Why can't I understand this??
Can someone explain it in their own words?
Can someone make a video?
PLEASE!!


I am not making a video just to say "buy at a small chart horizontal line & trade from one monthly line to the next"! :lol:


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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Sep 13, 2016 6:20 pm

MightyOne wrote:
TheRumpledOne wrote:Why can't I understand this??
Can someone explain it in their own words?
Can someone make a video?
PLEASE!!


I am not making a video just to say "buy at a small chart horizontal line & trade from one monthly line to the next"! :lol:


EURGBPM5.png


I was hoping someone other than MO would reply.
PLEASE!
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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forexbob
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Re: The ideas that I trade by:

Postby forexbob » Tue Sep 13, 2016 7:36 pm

TheRumpledOne wrote:
MightyOne wrote:
TheRumpledOne wrote:Why can't I understand this??
Can someone explain it in their own words?
Can someone make a video?
PLEASE!!


I am not making a video just to say "buy at a small chart horizontal line & trade from one monthly line to the next"! :lol:


EURGBPM5.png


I was hoping someone other than MO would reply.
PLEASE!


Well , as far as i understood it is a sort of game, aka "american football".

So we have to win a line (or 3..)

The lines on the monthly are 28.8 apart from each other, and divided in 24 * 1,2 = 28.8

We start from a higher time frame, but entry on a lower time frame, and try to get 3 lines on the lower for 0,5% each

3*0.5%= 1.5%

And then there was something with eigths (have to reread the thread), but well 8*1.5%= 12%

Reread the thread, something with OPM, adding to the winning position without increasing your risk...

And then over 21 days MO got to 1080%

Thats not 21 * 12%, but 12% daily compounding.... Put the function FV in an excel sheet.

I think TRO does understand, but just asks for clear rules,

Where MO (some would say speaks in riddles) let us think :-)

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laksh
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Re: The ideas that I trade by:

Postby laksh » Tue Sep 13, 2016 10:44 pm

forexbob wrote:
I think TRO does understand, but just asks for clear rules,

Where MO (some would say speaks in riddles) let us think :-)


Great analogy with American Football.

TRO is a rock star Programmer: Left brain more dominant than right brain. :wink:

MO is a rock star (Ch)Artist : Right brain more dominant than left brain. :wink:

I admire both TRO and MO :)

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TheRumpledOne
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Re: The ideas that I trade by:

Postby TheRumpledOne » Tue Sep 13, 2016 11:20 pm

laksh wrote:
forexbob wrote:
I think TRO does understand, but just asks for clear rules,

Where MO (some would say speaks in riddles) let us think :-)


Great analogy with American Football.

TRO is a rock star Programmer: Left brain more dominant than right brain. :wink:

MO is a rock star (Ch)Artist : Right brain more dominant than left brain. :wink:

I admire both TRO and MO :)


It is funny that you wrote that because I was thinking the exact same thing - left brain vs right brain.

But one should be able to describe what they are doing in a step-by-step fashion. Doesn't matter if it is cooking, dancing, trading, etc...
Because if you can't describe it...
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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MightyOne
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Re: The ideas that I trade by:

Postby MightyOne » Tue Sep 13, 2016 11:33 pm

Trade in the direction of the bias, entering after price crosses the '1.2% space' of your choosing, and exit after price moves one space on the monthly chart (28.8%, 24 lines of 1.2%).

Edit: You want a trade setup? There is no trade setup!
Trade away from a bleeping line in the direction of the bias. I don't have anything else to tell you.

salezyakuku
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Re: The ideas that I trade by:

Postby salezyakuku » Wed Sep 14, 2016 7:29 am

I found small bug. This can happen when copy/paste code without a deeper consideration. Spaceing was 20% bigger which means that risk was lower. :wink:

Updated version: HERE

Below scale fix button.
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Re: The ideas that I trade by:

Postby redart9 » Wed Sep 14, 2016 3:53 pm

May be TRO has a more logical brain than us and needs intelligible steps to make sense of something (it's the case for me!). That's why he is good in programming, and his code needs to be logical to execute properly. Are you more logical or more creative (or both)?
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Re: The ideas that I trade by:

Postby Sacrophage » Wed Sep 14, 2016 4:34 pm

It's not left/right brain. Markets are dynamic and it's impossible to come up with stone settings to harness it. Apart from the many entries and bias methods that have been discussed, the more important and unique pieces are 1)MM and 2)line spacing such that positions (SL's) aren't taken out by volatility. Many systems can be designed around these tools, but there will not be any one combination that threads the needle and works all of the time.

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