10.3 SCALPER/RANGE TRADE SYSTEM

[Faramirsen]

Today was another bad day - somehow we get stopped out too early and miss the great moves.

My observation is that the SYSTEM really catches nice the daily move but we have to improve the trade management.

I will modify a little bit - a proper EA or something would here help but well I guess we have to do it manually

[atharmian]

(Also posted in Baluda Indicators.)

Does anyone know , if within DWM Pivots by Baluda, there is a menu option easily created for including DWM Pivot and Daily Open display for ShowOrder whereby there is a ranking of where Price(P) is in relation to DWM S/R at any given time? I see options for displaying DWM S/R only.

Something like [ ...WS2 MP WP DP P DO WR3...] in Show Order for a good buy trade?

Currently I believe that Bob takes his Daily Open (DO) reading from the 10.2 DMA 1X0 indy included with his 10.2A/10.3 display package.

Because DWM indy ShowOrder is displayed already in all TFs, this inclusion would make life really easy for making 10.2A/10.3 choices of whether DWM Pivots and P are all aligned, and whether for 10.3, DO is above or below DP, without the need to flip charts. Then the trader can look tor details (pips offset, other indis like MA crossings etc.) Nice approach for an EA based on DWM Pivots too.
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[The_Snowman]

Hi Snowman,

I saw on your picture those lines.

"Presently, the EUR-USD is within these lines = no direction ???"

Could you plese let me know the name of that indicator or share it ?

Thanks

Szabolcs

It is called "DailyLineBoxes" by Hanover on ForexFactory; I could post here, but you are best to go there and also get the manual, as it does has many settings

[basist13]

Hi all,

is it possible to adjust EA that bob post it?
I would like to that 10.3 MA BUY(SELL) DP.DO have a possibility to add some pips - for example, I would like to put my pending orders prox. 4 -10 pips below DO.
Is it possible to add to 10.3. TM JUMP EA a possibility that EA can manage orders by coment and not only by magic number?
Thank you. best regards.Basist

[nanningbob]

Here is the 5.1x1 EA which has an added filter. The 1MA Median. If the 1 MA median is above the 5.1 line then when bid crosses the line it will sell. This allows you to set up the EA before price has retraced and will enter later in the day after the retracement. The same with a buy the red has to be below the blue before it will buy going above the line.

[nanningbob]

Looks like I am back online. Had some winning trades yesterday as the markets seem to finally be on the move. wed - Fri are bigger move days than Mon-Tues. I finally got to download some of the different start time indis for pivots and open. I will look at them tonight.

[nanningbob]

I am starting to settle into two entrance times for me. Within an hour before the euro open and within an hour before the USA open. I seem to get the fewest hits on my SL this way. The market opens and moves in a direction. Since daylight savings time has move the JPY start time well into the time I am at work teaching I probably will do little trading time in that session. Maybe my new delayed 5.1x1 EA will let me trade those times but I will see. Right now I am 13 wins and 20 losses, so I feel a hot streak coming up now that price seems to be moving for the week. I pretty much have been 50-50 since Monday. My winners are bigger than my losers so if I get back to 50 50 I will have a winning week

[cmeade2]

Here is the 5.1x1 EA which has an added filter. The 1MA Median. If the 1 MA median is above the 5.1 line then when bid crosses the line it will sell. This allows you to set up the EA before price has retraced and will enter later in the day after the retracement. The same with a buy the red has to be below the blue before it will buy going above the line.

Bob

Can you post these MA's as a separate indi? Or provide more detail on what the red and blue are.

Thanks

cmeade2

[nanningbob]

Here is the 5.1x1 EA which has an added filter. The 1MA Median. If the 1 MA median is above the 5.1 line then when bid crosses the line it will sell. This allows you to set up the EA before price has retraced and will enter later in the day after the retracement. The same with a buy the red has to be below the blue before it will buy going above the line.

Bob

Can you post these MA's as a separate indi? Or provide more detail on what the red and blue are.

Thanks

cmeade2

It is a 1MA Median the 5.1 is already on your screen

[nanningbob]

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