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jshear

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Posts posted by jshear

  1. Moving average cross over systems suck. Lagging after the fact. Stick to moving over crossovers and you will loose money trading forex. I have been trading for over 25 years and price action rules. Lagging systems are the heard . The key to making money in forex is to stay ahead of the heard. This is why 95 percent loose money trading.

     

     

    Cheers

     

    Jeff

  2. Just found a bug in the EA I noticed that the EA did not enter a new short trade once the last trade got stopped out as the probability meter was now above -20 but once the probability meter went below -20 the EA jumped into 2 trades even though I had 2 trades set to false?

     

     

    Jeff

  3. Musketeer and Sound FX: Here is an observation I have seen with the EA. As today on the EU we have had a nice down move. The EA will enter a trade and once it hits TP or SL it will enter a new trade with the 13 pips SL and TP. But what happens if the move downward starts to retrace up will it keep firing off shorts until a up signal appears? If it does this it will wipe out all the gains of the down move trades.

     

    Jeff

  4. Hi Sound FX wow you did a great job on newest version I really appreciate all the hard work you put into this. A heads up I found a small bug in the indicator. The font size setting is not working as if I change to any variable the font size does not change on my chart. I am sure this is an easy fix for you with your experience. Have a nice weekend and may the pips be with you all!!

     

    Cheers

     

    Jeff

  5. Sound FX: Am I able to set alerts based on Germans idea? Example I want to set alert probability to true when my input number is reached. BUT I also want to see an alert ONLY when an arrow is painted. Can I set two alerts to true? Look forward to your reply. Thank you for all your efforts and help on this forum.

     

     

    Jeff

  6. Hello Soundfx

     

    First and foremost I want to personally thank you for the effort and all the time you have put into this indicator. I know time is a commodity and it has a value. So a Big thank you that you well deserved for all your efforts.

     

     

    I have downloaded and been observing this new version for the last two days and have it set on “AlertArrowProb will alert as soon as a probability is >20 or < -20 AFTER an arrow is drawn”

     

    What I have noticed is the following:

     

    Today on the Euro/USD at approximately 10:00 AM New York time looking at the 15 min. chart there was a strong momentum move, which started the down side move after it broke below 1. 4420 at or around 10:00 A.M New York time and the candle made a low of 1.4398 at the close of that candle.

     

    At that time I clearly observed that the Master Probability having a reading of -35 to -40

     

    But there was no down side arrow printed even with those large negative readings to the downside during the time I mention above. It actually did not print until the close of the candle, but still on “Intra-Candle” bases the reading kept getting larger from -35 to -40 only at the close of the candle did the down side arrow print , a little to late for anyone waiting for the close of the candle or an arrow.

     

    So my question is as follows. Is there a possibility to have an option for a pop-up alert ONLY when the Master Probability indicator is above 20 or below -20?

     

    OR EVEN an option to insert the users own Master Probability reading level output number and give the user a pop up alert with the price when the Master Probability indicator reaches the user input setting even without an arrow begin present on an “Intra-Candle” bases?

     

    And also maybe a “Intra-Candle” arrow can be painted when only if the sub-indy conditions are met before the close of the candle that is in play much like we had today on the time frame I talked about and mention above?

     

    Even if before the close of the candle in play the arrows leaves because of one of the sub-indys within the master calculation flips back and cancel the arrow.

     

    The Master Probability reading may still be strong enough to enter or keep the trade open, at least it will print the price and you'll be able to keep an eye on the momentum around that price until the close of the candle and use your judgment.

     

    I believe this will give you a faster heads up on under a momentum driven move much like we saw on the 15 min. Euro/ Usd chart.

     

     

     

    Great ideas German thanks for all your thoughts !! We all appreciate it!!

     

    Jeff

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