mackphatt

Miggie, man your late to a gun fight, lol

I've been trading now for 3yrs and in the last 8 months I have been able to break even and the last 4 months I have been profitable. One thing I noticed was the way I traded and the way many trade is that we are looking to make thousands of dollars in weeks if not months. I came to the realization that the possibility of that happening was slim to none due to my own inclinations, thought process, and unpredictability of the market. Now for all you noobs this is paramount because unless you change the way you see forex you will always fail. One thing that is needed for all traders is patience, patience, patience, if one exercises patience good results will go a long ways. Find a method that works on a hour or 4 hour chart master it and you will see great results don't try to catch every move in the market. And second learn to trade manually before using an Expert Adviser. I have blown more demo accounts with EA's than I did manual trading, that holy grail your looking for is in you and you have to find it. I can almost guarantee that you can break even if you change your thought process when it comes to forex. Don't believe that you can make over $10,000 in one month on a $300 dollar account, not saying it can happen but highly unlikely that it will. Trading should be fun and seen as a business or a hobby something that you will enjoy doing not something your trying to pickup to make extra money. And you should always expect to loose, even businesses expect to loose money and in fact they expect to loose a lot of money. The question is how much, and how do you manage your loses. How you manage your losses will determine how profitable you will be. Some may read this and be lost but I am just sharing a little bit of what I learned as I trade using forex. I hope all will have many green pips.

S.S.S.

Mackphatt

Here is an mq4 indicator you can put on an any chart EA. I haven't tried it yet. Regards

 

download link :

 

http://www.2shared.com/file/SVYNH3C4/Open-Trade-Alert.html

 

Can someone reupp

The Email trader or an EA, or Script that can send an email when the trade is opened and closed, it has to send an email when opened and an email when closed.

I think about quiting mine testings of this system.

Afther all these hours of testing en changing i can't get it wright.

Thats the reason why i ask te sharer to give us some support, because he wrote that his system can be played in different ways. But there is no feedback.

 

All my bussineslife i have make my trades on basic Technical- Analyse, so that will continu for this moment untill i find something interesting to test and discuss.

 

By the way:

I saw your posting in another thread that the pips are coming to you anyway (perhaps with your own tradingsystem and not the pac smooth for a newbie system?) so good luck with your trades and/ or system.

 

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Originally Posted by chetachukwu

i think it would great if a seperate room is opened for you married men, the another for we bachelors, bachelorship is soo sweet. I wounder if i will ever get married. I dont wana be traped in a cage. Especialy now that i'm still in love with my laptop and >>Blowing kisses to the pips<<.

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LOL,

Ikke

 

Ikke sorry for not giving any feed back. I am a busy guy I trade forex for fun not for a living therefore I cannot devote all my time to giving updates. I work in the medical field so alot of my time is devoted to that. However when I do find time to work on something it is forex, as I have made a lot of cash doing it, I am also working on another method as so that an EA can be used with it. This is a method not a commercial system that I sold to you, sorry if that comes off wrong. I am a person who likes to share what I know or think, and sharing pacsmooth was something that I thought would be nice for some to use or make better, that's all. Sorry to hear that your quitting the method hope you find something useful in your endeavor to make it in the forex world.

hy,

this thread looks very promising.

Mackphatt, do you have still this excellent win/week ratio?

 

Yes I do. I haven't traded it much as I'm working on another method right now my Goal is 20 pips a day so after my goal I don't trade using this method I'll work on something else. I would like to know if anyone using this method is finding it easy or using it to make some cash like I am.

The FXSmooth indicator is slowing down my MT4 near to a standstill

It's running through all bars on every tick

But it's hard to find an optimisation because I've only got the decompiled version and that kind of code is difficult to read

FxSmooth will slow down your computer it does on my desktop. I tested it on my laptop and it runs smooth so it depends on your system I tried to find a fix. Only thing I suggest is run it on a offline chart. I guess FXsmooth uses a lot of cpu resources.

Hi,

 

I noticed that the indicator "FXSmooth EURUSD.ex4" is only used for EURUSD pair? Can I use this indicator for other pairs like GBPUSD, GBPJPY....?

 

Thanks.

The FXSmooth for EURUSD works with eurjpy, eurusd and gbpusd. It may work with other pairs. If you open and study the charts you will see that they are similar. Hope that answered your question.

The problem of the adaptive rsi. still don't work; I have two indi MA_Adaptive and adaptive rsi (thank you for the update) in the indicator folder (I see these), but on chart show only MA only blue; Houston we have a problem .....

 

Sorry Sorry

No probs man no need to be sorry. Make sure you have both ind's in the experts\indicators folder. Now Restart you mt4 platform. Open a 5 min EURUSD chart and apply the template, it should not be blue anymore. If that does not work load the template and then drag the MA_Adaptive rsi nrp onto the chart and it should load up onto the chart, do not drag or load the adaptive rsi indi onto the chart. Let me know if this helps.

The indicator adaptive RSI just show blue colour. can it be changed thanks

Blue? Wrong Indicator us the Ma adaptive rsi nrp Indicator. But you still need to have the adaptive rsi indicator in the indicator folder.

I usually wait for the candle to close. But I also have entered a trade before the candles closes as well it depends on the trend and momentum of the pair. And closing a trade I usually wait for the candle to close. Or just take the profits and run.

I will try to find an alternative I just installed a fresh mt4 copy and I get the same message. I will find an alternative give me a hour.

 

Check the original post. For an updated fix.

Stops and targets vary through the day or which session and what the market is doing if its in a strong trend I let it ride but if its ranging I will enter a trade if on the pac indi the levels go above 20 for a buy and lower than 20 for a sell. And take a few pips. I will post another pic here soon.

 

Here is a picture of Idealistic how I trade it.

Red circle all indicators are in agreement.

Yellow circle I exit all indicators are not in agreement.

Blue circle gives a fake signal all indicators are not in agreement, and to its end of US session.

http://img337.imageshack.us/img337/8674/pacsmooth2.jpg

Quick question about 15min chart, what's the period number for MA adaptive rsi nrp. 12 as is on 5min or 20?

 

The settings on the 15 min chart are the same as on the 5 min chart. I only use the 15 min to determine the the trend or range. You can use what ever you feel like, its only a suggestion. I mainly focus on the 5 min chart. I just got 20 pips in twenty minutes just using the 5 min chart.

The indicator is in the rar file. I checked its in there make sure you put in the correct folder.

This is a method that I have been using for about two weeks one week on a a demo account and one week on my real account I have been able to double my real account in one week and thought that I share it. My first contribution to a forum that has given so much. I call it PacSmooth bcoz of the Indi's.

 

Here is the link Indi's and Template: http://www.forexsharing.com/264046

Here is a picture I took this morning: http://img38.imageshack.us/img38/8448/pacsmooth.jpg

 

I was able to catch over 100 pips in less than two hours.

 

Here is what I suggest, Open a 15min EURUSD chart place the MA adaptive rsi indi on it

then open a 5 min EURUSD chart and apply the template provided.

 

I tested this with EURUSD, GBPUSD, EURJPY.

 

Open a buy trade if all the indicators are green

Open a sell trade if all the indicators are red

 

Now look at the picture and look at the pacman tactivator that is going to be our signal when to enter a trade when from red to green and above the 20 level that's a buy signal and reverse for a sell. Always trade in the trend.

 

But wait what if the market is ranging than look at your 15 min chart is it red or green than wait for all indicators to turn green for a buy than red for a sell. I scalp this also and I collect a lot of pips just trade the direction of the 15 min chart it will give a high probable direction.

There are many ways to trade this can't go into details about it all but it is very profitable once you study the charts and indi's. I have another method I'm testing so that there could be a EA used with it

I will post depending on the response from this method.

 

My 8yr nephew was able to get 30 pips with no assistance using this yesterday I'm not joking or kidding.

PM me for any confusion or clarity. Or if this is already posted.

 

Update Sorry about the confusion here is the other Indi for those who keep getting the error http://www.forexsharing.com/18813

Its a must so please download it for the template put in indicator folder.