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Pip Accumulator


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Today I had very bad connection to FXDD server at the start on NY session. My entry was a little bit late. Anyway, here is my trade of the day

 

Very Good trade Piphore, good going.

 

Can u use drag n drop function in ur screenshots so that we can c where u enter n exit ur trades. thanks

Edited by psaini1973
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Good work guys! I'm only sorry that in these two past weeks i couldn't trade anything but from what i see someone has done my pips too! ehehehe, just wish all of you have a nice weekend and next week we will made a ton of pips together! :) Keep it up! Thanks all of you guys to keep this 3d up! Special thanks goes to psaini and soundfx.
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Can u use drag n drop function in ur screenshots so that we can c where u enter n exit ur trades. thanks

 

can you show me how to do it?

 

I read your post 598 but I am sure if I understand correctly.

 

So after I close my trade for example EU trade, then I open new chart of EU from market watch window simply by dragging it onto current active EU chart? I've tried it but it didn't work...

Edited by PIPHORE
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can you show me how to do it?

 

I read your post 598 but I am sure if I understand correctly.

 

So after I close my trade for example EU trade, then I open new chart of EU from market watch window simply by dragging it onto current active EU chart? I've tried it but it didn't work...

 

Piphore, maybe i can help you,

 

Go to:

> History (your closed trades tab).

> Click the transaction you want, hold down your left mouse button and drag the closed trade line to your regular chart (no need to open a new chart).

> you see now 2 markers with a line in between wich are the opening and closing of your trade.

 

if you want to remove the trade markers on your chart:

> Double click on one of the markers

> Drag the marker to a empty field (so you don't delete an indicator or something in that same area.

> Click right mouse button (you must select the marker)

> Choose delete.

> Repeat the above instruction to delete more markers.

 

Hopes this helps, if not please let me know.

 

Regards,

Ikke

Edited by ikke
typo
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Hermes,

 

The color boxes come always to late or not at all at least on my charts. You cannot use them as indication. Especially the green one!

 

 

Have you any idea what you're talking about or even where the coloured boxes come from ?

 

To say that we cannot use them as indication is complete nonsense - all you need to do is look back over psaini's trade history to see that you can make very nice consistent profits when using the boxes as part of an overall trade strategy - and that's the key!

 

Psaini uses various other methods (S/R breaks etc. - read the thread!) to back up his trades - also ensuring that the master probability indicator is in line with the trade.

 

The arrows and boxes have been mentioned several times before and are only a "heads up" that the direction may change soon - that's all. You shouldn't be rushing to place trades on as soon as you see an arrow because it won't work consistently. You need to use the arrow to give you a possible new direction and then look at other indicators (e.g. S/R levels, candle patterns, Pivots, Fibo retracements etc.) to see if that signal makes sense and whether you're confident that it's a high enough probability trade to place.

 

No indicator will give you great signals all the time, so if you're still searching for that indicator stop now, or you'll be in the same place in 10 years time ;)

 

The coloured boxes are painted when arrows are formed and those arrows with default setting come from something very basic which is MT4 MACD cross with settings 24,52,18...and why are these "special" numbers? Well, they're not that special at all if you consider that that standard MACD parameters are 12,26,9. So, all we're looking at is a more slowly changing MACD (reflecting higher timeframes than the one you're looking at - i.e. the main short-term trend at the time). Of course, MACD crosses, like MA crosses and everything else which just gives you a different view of where price used to be, will never be able to give you solid consistent signals. As soon as we see a cross down on MACD it doesn't mean that price has to continue in that direction. Price will do what it wants. It doesn't care about our indicators, analysis or how much we've wagered on a trade.

 

As for the boxes, they're just fancy graphics which have stuck with us from the original system.

 

When a Sell arrow paints it will close the last box which will have started with a Buy arrow and vice-versa. To say that green boxes are particularly bad is also complete nonsense because the reliability of the signals on both green and red boxes is completely dependent on the market conditions at the time. Next week you'll probably be saying that the red boxes always give false signals lol.

 

A few posts back I gave a link to a word doc. which contains psaini's comments before and after taking trades and the screenshots of the trades - both winners and losers. I recommend that you study those trades in detail if you're thinking of trading this system manually.

Edited by soundfx
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Thank you so much for posting your trades as examples for all of us. Thank you too soundfx for gathering the examples into a single document. Thsnks guys!

 

Master Psaini, could you tell us which version are you using? There are a number of versions now, and the charts you show has minimal display of the various indicators/flags, ie only the ATR. Much appreciation. Thanks.

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Piphore, maybe i can help you,

 

Go to:

> History (your closed trades tab).

> Click the transaction you want, hold down your left mouse button and drag the closed trade line to your regular chart (no need to open a new chart).

> you see now 2 markers with a line in between wich are the opening and closing of your trade.

 

if you want to remove the trade markers on your chart:

> Double click on one of the markers

> Drag the marker to a empty field (so you don't delete an indicator or something in that same area.

> Click right mouse button (you must select the marker)

> Choose delete.

> Repeat the above instruction to delete more markers.

 

Hopes this helps, if not please let me know.

 

Regards,

Ikke

 

Hi Ikke,

 

thanks for the tips.

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Hellow Everybody.....A new day in a new month.....How do you think about this new look :

 

http://i600.photobucket.com/albums/tt90/RoelsMajor/NewLook.jpg

 

The aqua area shows covered sessions throughout London Open to end of Newyork.

Edited by Roels Major
"You Ain't Seen Nothing Yet!".
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Hi Soundfx

Can you please write 4 me a "trade manager EA " which closes open trades depending on MP I am testing Autochartist Alpari Am trade suggestions and cannot sit by the computer the whole day Thanks

 

Hi vikram88,

you can download PipAccumulator EA here http://indo-investasi.com/showthread.php/14692-Pip-Accumulator-EA . I think it is what you searching for, has some setting like open close with MP and filtering signal with STindi. Hope it is good for your work.

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Here it is 1st trade on EU

 

http://i56.tinypic.com/beyg6b.gif

http://i56.tinypic.com/beyg6b.gif

 

Close at 1.3355 about 30 pip in gain.

 

Good work Roels, why don't you share with us your new template please? :)

 

Here you are :

 

http://www.multiupload.com/IIYL0IVTX7

 

And this is a very good tools for check your market sessions :

 

http://forexsignallive.com/free-tools.php

"You Ain't Seen Nothing Yet!".
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Thanks psaini! i will do, at the moment my broker (thinkforex) do mess with all his customers! I have lost all my trade history and my account will be revise. I'm a little bit angry and i'm thinking to close my account and open another one on oanda! So for today i can trading anymore and do anything, i'm sorry that i can't show my exit and entry arrow!!! BAD BROKER! stay away from they!
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Thanks psaini! i will do, at the moment my broker (thinkforex) do mess with all his customers! I have lost all my trade history and my account will be revise. I'm a little bit angry and i'm thinking to close my account and open another one on oanda! So for today i can trading anymore and do anything, i'm sorry that i can't show my exit and entry arrow!!! BAD BROKER! stay away from they!

 

No problem mangiare.. we will be waiting to c ur good trades

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Here it is 2nd trade of the day, open when MP -22 and close on retrace on S3 (MP still -30 -40 but i prefer to close it because i'm angry today with thinkforex!). Here drag n drop function works good!! Thinkforex sucks!!!

 

http://i53.tinypic.com/2eg5ug0.gif

 

http://i53.tinypic.com/2eg5ug0.gif

 

Better pic

 

http://i55.tinypic.com/15yzz1j.gif

 

http://i55.tinypic.com/15yzz1j.gif

Edited by mangiare
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Hello, Just made $ 1270 8-)

 

The assessment of the trade was right. EU had to break todays low of 1.3311. It broke down after the usa open and i entered the trade, but it didnt go down as expected,

 

i had to force my trade into the news and my bad time started, all trades reversed, my max. loss at a given point of time was around $ 1500, i had to stretch my EU loss beyond 40 pips to accumulate my trades as i knew this is just bcos of news, i was not nervous bcos of this momentary loss as i have made more money then this loss in a single day, took GU trade after a long time but of no use, wouldnt trade in future

 

I hate news like anything and i once again got a taste of it but was saved .

 

GU screenshot not included as its of no use and its window would occupy more space.

 

Check out my trades: http://img846.imageshack.us/img846/9598/eur.gif

 

 

http://img846.imageshack.us/img846/9598/eur.gif

Edited by psaini1973
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