10.2 for Dummies

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MurphyMan
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BreakEvenProfitPips

Post by MurphyMan »

Can someone clearly explain what BreakEvenProfitPips does (Baulda- MPTM), and how it works? Is it the same as BreakEvenPips (ShellyNow).?

Thanks!

Sam
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SteveHopwood
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Re: BreakEvenProfitPips

Post by SteveHopwood »

MurphyMan wrote:Can someone clearly explain what BreakEvenProfitPips does (Baulda- MPTM), and how it works? Is it the same as BreakEvenPips (ShellyNow).?

Thanks!

Sam
Yes. I think. Bearing in mind that I do not know which thingy you are asking about here.

:D
Read the effing manual, ok?

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MurphyMan
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Re: 10.2 for Dummies

Post by MurphyMan »

Steve, Steve, Steve... Now you decide to come out of hiding? :lol:

I guess I figured it out on my own. I make little books of reference notes about some of the EAs, trying to help me remember what does what.
prosper1
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Re: 10.2 for Dummies

Post by prosper1 »

Could someone please explain how to scan for trade set-ups?
I am used to trading maybe 4 major pairs so to scan through 50 pairs is alittle overwhelming
and not sure if there is a faster way to do it. Could someone share their process that works for you?
Thanks Much
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MurphyMan
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Re: 10.2 for Dummies

Post by MurphyMan »

I would suggest that you NOT scan 50 pairs. Why not just use 20?

Jemook uses a 27" monitor ( I bought one too) and you can put up 11 or so pairs. Read how he does it here: http://www.stevehopwoodforex.com/phpBB3 ... f=43&t=640

Believe me, there is plenty to analyze with 15 pairs.

Sam
prosper1
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Re: 10.2 for Dummies

Post by prosper1 »

Thanks Sam! Do you look through each chart, or just use slope values or similar?
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MurphyMan
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Re: 10.2 for Dummies

Post by MurphyMan »

Take baby steps. Open one chart. Compare the system's criteria, e.g. slope value, pivot points, etc., to what you see on that chart. Does that chart meet the criteria? When you understand it, move on to another.

Baby steps.
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Re: 10.2 for Dummies

Post by SWG123 »

prosper1 wrote:Could someone please explain how to scan for trade set-ups?
I am used to trading maybe 4 major pairs so to scan through 50 pairs is alittle overwhelming
and not sure if there is a faster way to do it. Could someone share their process that works for you?
Thanks Much
Why not try using the Multibob EA on a demo account to give you a heads-up? Set the parameters to your own preferences then, when it throws up a trade, do a manual check to see if your criteria are confirmed before committing?
fondofallthings
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Re: 10.2 for Dummies

Post by fondofallthings »

SWG123 wrote:
garyfritz wrote: I see the blue/orange and green/yellow histograms. But in the booklet, the blue/orange (and maybe the green/yellow?) is supposed to reset every week and show the movement in relation to the weekly open. Mine doesn't. Am I doing something wrong?
Gary I have the same issue with the histograms and others have reported it too. They're fine with my VantageFX account but totally messed up with Bully Pepperstone. Vantage is GMT(0), Bully Pepperstone GMT(+3) so I guess it's something to do with server time.
Do you still have trouble using Bully Pepperstone? It seems fine on my account.
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Re: 10.2 for Dummies

Post by SWG123 »

fondofallthings wrote:
SWG123 wrote:
garyfritz wrote: I see the blue/orange and green/yellow histograms. But in the booklet, the blue/orange (and maybe the green/yellow?) is supposed to reset every week and show the movement in relation to the weekly open. Mine doesn't. Am I doing something wrong?
Gary I have the same issue with the histograms and others have reported it too. They're fine with my VantageFX account but totally messed up with Bully Pepperstone. Vantage is GMT(0), Bully Pepperstone GMT(+3) so I guess it's something to do with server time.
Do you still have trouble using Bully Pepperstone? It seems fine on my account.
Just for the record, both Vantage and Bully Pepperstone are now both GMT+3.
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