10.4 A Complete System

[aworex]

SL should be set @240MA
BTW the system is not bullet prrof, you can loose.

Thank you Alex
I just post my trade above to be sure if i understand 10.4 rules or i made mistakes

You can use the script to set your pending trade with SL set @240MA

Thank you Alex,Which script i can you use to do that?

10.4 Pending Order Placement Script.mq4 in the Post #1 here : http://www.stevehopwoodforex.com/phpBB3 ... =37&t=1492

Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart

[Gertje]

Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart

Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL of handmade pendings @ the 240MA till it triggers

[aworex]

Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart

Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL @ the 240MA till it triggers

Ha Ha thanks this system rocks, As a new month starts tomorrow there might be a shift in the monthly pivot points which might also affect the weekly levels.

[mjws00]

It will be fun to see if a trigger happy approach to this sys does well. With decent money management one could simply consider it diversification.

Also looking to see just how often the hyper pyramiding works vs. a more moderate approach.

[Gertje]

Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart

Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL @ the 240MA till it triggers

Ha Ha thanks this system rocks, As a new month starts tomorrow there might be a shift in the monthly pivot points which might also affect the weekly levels.

No way, the weekly are calculated every week. So starting monday you get new pivots.

[cmeade2]

Actually, the new month will start at 5 pm EST today (10 pm your time).

Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart

Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL @ the 240MA till it triggers

Ha Ha thanks this system rocks, As a new month starts tomorrow there might be a shift in the monthly pivot points which might also affect the weekly levels.

[Gertje]

EURCHF short anybody?

I'm running out of pivots.....

[cmeade2]

Given that the Chf is incredibly weak and the RSI(2) is high, I would say "no"

EURCHF short anybody?

I'm running out of pivots.....

[spotdespot]

Did you get in on the Gold and Silver trades Gertje?

I missed the USDCAD one - already rushed off....there will be more. I just wish the AUD & NZD crosses would stop teasing us.

[cmeade2]

Why do you say "teasing". They have given good pips on some pairs.

Did you get in on the Gold and Silver trades Gertje?

I missed the USDCAD one - already rushed off....there will be more. I just wish the AUD & NZD crosses would stop teasing us.