dave123
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Posts posted by dave123
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According to Peacearmy comments, not a good strategy.
http://www.forexpeacearmy.com/public/review/www.forexinvincible.com
Regards.
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Quote: ''I am told that the following is same as those above. Copied from the FF thread- it is called 'Profit all day':
Why I like this system, -It's solid and works on the 5, 15, 1H, 4h, and daily time frames.-I use it on the 5 nd 15 min.
-consistent Gains of 20-50 pips a day using it on the 5 and 15 min time frame per pair although I only trade the EU and GU.
System, EMA's, 3,5 and 13 cci, 24 period fixed minimum of -350 and a maximum of 350 cci levels -90, 90
Sell entry on 5 minute. break of the last lowest low. check next highest time frame which is 15 min to see if there is good spacing between the EMA's heading downward. If there is good spacing and EMA's are heading down then you have a great entry.
Tp and SL. SL is 3 pips above the last highest high. TP is half pip value of SL. Example, if SL is 30 pips then your TP is 15 pips for that given trade.
What is the lowest low? It's when the current candle has at least 2 candles before and after that are higher then it itself.''
Never used this system, found the above somewhere on the net.
Hope it helps.
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Here is a video by Jennifer and Rob B., showing you how to trade this system. Haven't had time to view the youtube video right through.
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I think I am right in saying that dannydon gave everyone the impression that he was going to share his 'profitable' trading system on II not so long back. I don't think that one materialized. (think there might be a credibility issue Danny unless you can deliver something)
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Dropbox not working, Multiupload takes you to IliVid. With respect how do we get the EA? I know a guy who just might be able to do a job on this EA regarding edu and expiry.
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al_agouz2010
This particular indi appears perfect (Banks will pay millions for it lol)
Thanks for the site link though.
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Trading with micro amounts is great for learning to trade with a live account as most of the stress is taken out of the equation. But i found and still find the patience factor needs to be well and truly mastered otherwise your screwed before you begin.
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Stop Loss= 210 pips !!!!
Take Profit=20 pips
Average Win=7.9 pips
One loss = 26.5 wins.
Not good ratio.
One trade per week on average.
Live account is only 5 weeks old with less than 1.5% profit. Not impressive.
Besides several spelling mistakes on vendor's website. Not professional at all.
sOURCE: WWi
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Hi ganstgi,
Thank you for taking a look. I have no idea. Like I said, I know nothing about the internal workings of EA's, maybe it will or not. I have no idea what ftd.dll is/means :-) Sorry I can't help in that department.
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My primary way of trading is the use of s/r, trendlines, pattern breakouts. What I have done when using this manually is trade the 4hr tf. My entry has been on the break of the high/low of the candle following the dot. I aim for 20 pips (more if i think I can get it)
The indi just looks good as a stand-a-lone EA proposition for the 4hr, daily tfs. It tends to catch big tends and you don't have to be at the 'puter all day.
Having said that I am no EA boffin :-))
- tradershare and iwjw
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Sorry iwjw, can't help you with that.
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The entry signal comes on the close of the bar above/below the small horizontal line not the dot. Whwn the dot first appears on the first bar it will disappear occassionally when that bar keeps reversing in the direction of that dot. It the market continues to revers in that direction and close then the dot will disapear until a new bar forms and closes and na new bar opens in the direction of the dot. The dot is then fixed and stays fixed.
The dot finds the best entry candle for this indicator which seems to work without repainting as I see it. The entry is at the close of the dot candle and open of the following candle. When this occurs the dot is fixed.
This is not like fractals or arrows which keep on moving with price until 5 or so bars have closed and then they fix.
Take a look at eurusd this morning 15m tf, no perfect trade setups there. That's why I mentioned to trade the higher time frames. A repainter would have picked the tops and bottoms.
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One of our friends on II is attempting to code this with my specification. Hopefully it will work as a EA as well as it does in manual trading.
I didn't realise that this indi is available on II as part of a system. Here it is:
http://www.4shared.com/file/KS3egd0j/FT_Dominator_MW_Trend_Line_Sig.htm
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As I see it the indi dot appears on the close of the previous bar at signal time and does not disapear/reappear, it is fixed. Therefore, on my interpretation of repainting it does not repaint.
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I have aquired an Indicator and would like it coding into an EA if possible. It is very good traded manually on 2hr, 4hr and Daily. Anyone interested please pm/email me.
Cheers
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Would it be possible to convert it into an EA?
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I know little about EA's but stumbled accross this one. You might find it useful (or not). The site explains how it works together with the code.
http://www.4shared.com/file/g7QjBqiK/1-_Session.html
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Power levels - keep it simple - I use key weekly, daily levels and round numbers to help determine recent turning points in the market. I confirm a trade when price reaches a level and confirmation of a reversal at that point gets me into the trade.
KEY POINT: Trading with the trend at those levels is very good for the bank account.
In my experience, Patience is key to success.
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With difficulty. I use weekly/daily/4hr s/r levels (which are good) along with trendline, pattern breaks/pullbacks. Stop loss has never been 5pips.
It will be interesting what Danny has to offer, can't wait. :-)
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Always interested in winning stratagies Danny, where is it? The suspense is daunting:-))
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Simple on a flip pad. Would like to see this guy make few live trades using this idea, enough to convince me. I trade off weekly sr's lines with confirmations. In comparison this idea sounds a bit hit and miss.
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[REQ] Vergil Hedge EA
in MetaTrader Expert Advisors Request
Posted