10.3 SCALPER/RANGE TRADE SYSTEM

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POH
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by POH »

censura wrote:Is this the Bob jem shelly basket auto trader i am sure it is but checking
ciliano wrote:
spyderman wrote:
You enter a trade on all pairs regardless of where price is at? Or are you saying you set all your 'pending' trades at that time?
I just enter all the trades that have a decent space between the two lines about an hour after lines are drawn. Not scientific at all. Bob said it was a simple system so I am trying to keep the trading as simple as possible

Here is the BJS auto basket trader set file
(Also I am Cowboy IBFX so I think that is GMT open)
This one I believe:

http://www.stevehopwoodforex.com/phpBB3 ... f=44&t=658
Faramirsen
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by Faramirsen »

Just to give a quick notice: The Kit Bob posted works like a charm - just see how wonderful it works on my EU and GU trades :)

thanks for this.
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babalu4u
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by babalu4u »

Hi Bob,

I am usig Forex Robot indicator at Fib 0.236 level for exit trades - Blue lines.... ;)
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Haggadah
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by Haggadah »

Bob's creation has given too much attention from individual coders developing various system and indies that at the end people can no longer decide which approach to take. Lurking from one system to another makes me crazy. NB 10.3 in its original form makes trading more simple devoid of too much distractions.

Thank you Bob for sharing. God Bless you.

Haggadah
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babalu4u
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by babalu4u »

I use only Bob system and his rules but for exits trade I am using Fib 0.236 of Daily Pivot and with this indicator I only make this targets visual.... ;) If you cheek back you will see that more than 90% of targets was hit the Fib 0.236 of DP...
atharmian
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Extreme TMA RulesRe: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by atharmian »

Hi All,

Just found this really busy thread at FF (900+ pages) by Alorente who was also developing one of Bob's 10.2x systems here. Acks include all the big names here ...

http://www.forexfactory.com/showthread.php?t=343533

Clear, nicely summarized set of rules in Post#1. ExtremeTMA was also being used by coolncalm in his 10.3CTS version, with non-repainting versions of ExtremeTMA done by NeoTrader for Coolncalm's CTS EA.

In particular, this is the really useful info I had been looking for for trade timing:
"The H4 time frame are for trades of 1 to 5 days and potential gain of 170 to 250 pips. The D1 time frame are for trades of 5 to 30 days and potential gain of 200 to 400 pips." So looks like the range of trading is 30 bars in each case. Wonder how many default bars are used actually in the indi calcs.

Regards,
Athar.
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Mortiiy
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by Mortiiy »

babalu4u wrote:I use only Bob system and his rules but for exits trade I am using Fib 0.236 of Daily Pivot and with this indicator I only make this targets visual.... ;) If you cheek back you will see that more than 90% of targets was hit the Fib 0.236 of DP...
Awesome!! Same idea here....
POH
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by POH »

Bob, with your ratio kit do you still set a tp or do you let jumping control it all?
thelearner
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by thelearner »

NB I gotta ask, the buy and sell EA that you posted will open trade even with just 1 pip retracement? (Like those wave on one candle that goes above/below DO). Is it possible to specified the pips for retracement for example let's say at least 10 pips and max of 50 pips retracement from DO. I believe once the price broke far from DP (especially if Average Daily Range is already reach for that day) it is not too good to enter trade.

I have this idea but I can;t really code....so..I will just leave it in the open if probably someone has the same idea.


regards~
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babalu4u
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Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Post by babalu4u »

If somebody want here is indicator... default is set at 0.236 fib you can change...

Happy Trading ;)
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