Pip Accumulator

ikke,

I think most folks have 5 digit accounts, and that shouldn't make any difference to the arrows appearing or not appearing. You've probably got a weird combination of parameters set up.

Here are the 3 main indicators current version:

http://www.multiupload.com/R9IPDJRL3E

Close MT4 if it's open, put all the indicators in your MT4\experts\indicators directory, then restart MT4.

You only need to attach II_PipAccumulator to the chart and with the default settings I've uploaded, it should look like psaini's. The historical boxes and arrows should draw immediately (with these default options) and arrows should appear too. The alerts are set to trigger when a new arrow appears.

The other two indicators were used mainly for research and you don't need them to trade with default settings on II_PipAccumulator. II_PipAccumulator only reads probabilities from II_Prob_Hist when running in multiple timeframe display mode.

vikram,

Thanks for posting your charts. It would be really handy if you could show your wins and losses on the trades like psaini and also drag these from the account history onto the chart so that we can easily see where your trades were entered and exited.

Psaini,

From the screenshots showing your trades it seems that you do not set stop loss. If a trade is going the wrong way, when do you decide to close the losing trade?

magrech,

In the thread you'll find that psaini has already mentioned that he always has a stop level set in his mind rather than physically added to the trade - this is typically between 30 and 40 pips. This is only recommended for experienced and disciplined traders who will take out their trades which are going the wrong way immediately price gets into the "stop zone" they have in mind. Anyone without that discipline will be tempted to let the price "breathe" a bit more and before they know it they're staring at a substantial loss rather than a manageable one - I know I've been there lol.

Guys,

I've lumped together most of psaini's trades and screenshots and rules for trading his system and have placed them in a word doc. for ease of reference, it will also save psaini having to answer the same questions over and over:

http://www.multiupload.com/XP5FHJGWCG

Another Trade Closed for a profit of $ 836... took a while to close

 

Todays total profit is $ 1688 8-)

 

 

Check it out: http://img577.imageshack.us/img577/7113/eurl.gif

 

 

http://img577.imageshack.us/img577/7113/eurl.gif

I am just curiouse.. what SL do you use?

thanks

I am just curiouse.. what SL do you use?

thanks

Soundfx has already ans the question. pls read the post above no. 704

Soundfx hey man u r great, i have never come across such a helping, down to earth person in my whole life, i salute you for all ur hard work u have done to make this system a world class...

Wat a fantastic presentation u have made of my trades... too good to believe. even i couldnt have done this much better.. all things in a proper manner and a sequence ..

It must have taken days to build this presentation.. so kind of u ....

Thank You Soundfx

@ princezuke. theres nothing special about my pivots. i use many pivots like the normal pivots, camirilla.. there are many. but i use this one mainly... download from the link below.

 

http://www.multiupload.com/NHBRT2943E

 

@ piphore..i dont trade GMT offset pivots, my pivots are 2 hrs ahead of GMT.

Thanks for sharing pivot psaini1973

sorry to bother you but is it good for the trader from India ( 2 Hrs ahead of GMT ) ? I do not have knowledge about pivot time setting so I am asking you.

Thanks for sharing pivot psaini1973

sorry to bother you but is it good for the trader from India ( 2 Hrs ahead of GMT ) ? I do not have knowledge about pivot time setting so I am asking you.

My broker is Gmt +2 hrs so the pivots will b accordingly. ( india is GMT + 5:30 hrs, dont bother about it, pivots are always according to broker time, they r not related to ones local timings)

Hello psaini1973....Good job Always....I want to learn to trade with this system from you since your recent trades inspiring people here.....This time 30 minutes before the London Bell ring.....my indicator setting is default except for draw the flag....

Now for the pair EU....We have saw 3 signals in M5 before London.....We saw EU climb 90 pips already from the market start today.....

I have checked FF Calendars and we have some mediate and big news on Euro, Usd, and Gbp....

Could u give me some advices....Thanks

http://i600.photobucket.com/albums/tt90/RoelsMajor/Test-1.jpg

Note : I see EU give up near Res 1.....

And if don't mind could you tell me what is your leverage? Thanks

@roels major. the sell in EU 5 min tf was given b4 the london open so i will not trade it. if i have to trade i will look 4 a fresh signal in 15 min tf (sell trade).. approx one hour from now eu news is coming, so i think i will wait 4 it... i m not trading GU so i will not take its news in to consideration if i get a chance to enter a trade.

For buy in EU it will have to break R1 reasonably well to trade it ... along with a buy signal in EU 5 min tf

@roels major. the sell in EU 5 min tf was given b4 the london open so i will not trade it. if i have to trade i will look 4 a fresh signal in 15 min tf (sell trade).. approx one hour from now eu news is coming, so i think i will wait 4 it... i m not trading GU so i will not take its news in to consideration if i get a chance to enter a trade.

 

For buy in EU it will have to break R1 reasonably well to trade it ... along with a buy signal in EU 5 min tf

Thanks for the tips and quick replay....If u don't mind could you tell me what is ur leverage....Thanks again

Thanks for the tips and quick replay....If u don't mind could you tell me what is ur leverage....Thanks again

I have well funded a/c so i dont use the full leverage.. i can have my leverage up to at any time 1:500.. pls remember high leverage is a double edged sword. it can kill any type of a/c in no time.

i wouldnt recommend any body to use high leverage without proper guidance and knowledge

Hi all! Just say thanks to psaini and soundfx for great work! I'm came back today from travel so i'm starting trading now :) Here is my first day trade.

http://i53.tinypic.com/2pt2d6s.gif

http://i53.tinypic.com/2pt2d6s.gif

Has someone experiencing a good way trade on GU? After Res 1 was broken, the price climb for 41 pips.....

http://i600.photobucket.com/albums/tt90/RoelsMajor/NewPicture-61.jpg

Second trade here.

http://i54.tinypic.com/2rmr2ab.gif

http://i54.tinypic.com/2rmr2ab.gif

Just hit TP 4 min ago, 1.3623 with 30 pip.

Has someone experiencing a good way trade on GU? After Res 1 was broken, the price climb for 41 pips....

This a good example of resistance break.. after breaking the resistance then came the buy arrow.. i am not trading GU now a days, but if this trade was EU then i surely would have taken it ...

Ill think of trading GU... i am already trading 3 pair simultaneously , so the trading 4th pair at a single time the risk would be unbearable i suppose..

Just hit TP 4 min ago, 1.3623 with 30 pip.

Good going buddy. keep it up ..

Soundfx,

BIG BIG THANKS.

The Japenese and the Asians ate up all the pips :))

Left nothing 4 the London open... difficult to trade here. took three trades going no where. had to close them bcos of usa open..

Loss of $ 42

Check it out: http://img18.imageshack.us/img18/3189/eurb.gif

http://img18.imageshack.us/img18/3189/eurb.gif

The Japenese and the Asians ate up all the pips :))

 

Left nothing 4 the London open... difficult to trade here. took three trades going no where. had to close them bcos of usa open..

 

Loss of $ 42

 

Check it out: http://img18.imageshack.us/img18/3189/eurb.gif

 

 

http://img18.imageshack.us/img18/3189/eurb.gif

hello sir...the MP is showing -51, then what is the reason to close the short trades sir...?

thanks for your regular updates

dhinesh

hello sir...the MP is showing -51, then what is the reason to close the short trades sir...?

 

thanks for your regular updates

 

dhinesh

Dhinesh i took this trade just 1 hr b4 open of usa mkt hoping that eu will go down, but when it didnt go down i had to close b4 the usa open as the opening of usa mkt might reverse the signal... and it did reverse about 30 pips or so ..

Phewww, wat a day its been... Today was the real face of the Forex Trading, days like these teaches us many things if and only if we wish to learn.

Today all the big money was taken away by the Japanese and the Asians, from London open to London close was hell, so many fake breakouts, i was discipline and kept my patience, just had a small loss of $ 42

After London Open E/U had formed a intraday range which varied from 1.3678 to 1.3600, I 90-95% of the times dont trade after London close, but was keeping an eye if EU could just break one of those high n lows.. finally i did broke 1.3600 on the lower side and i entered the trade after confirming that there was a sell signal in EU 5 Min TF,

EU didnt hit my TP of 40 pips, as it was throwing tantrums so i decided to close it and as it happens most of the times with me the moment i closed my trade EU crashed down and hit my TP :))

So Finally closing the day with a net profit of $ 827 :">

Its already midnight here in India. Good Night.

Check out my trades: http://img37.imageshack.us/img37/9860/eurdy.gif

http://img37.imageshack.us/img37/9860/eurdy.gif

My broker is Gmt +2 hrs so the pivots will b accordingly. ( india is GMT + 5:30 hrs, dont bother about it, pivots are always according to broker time, they r not related to ones local timings)

Thanks for reply psaini