10.4 A Complete System

[VirtualFM]

Chris - you have yours set to H4 - default is D1.

How is this?

This reminds me... Why are most people (including Bob) using version 1.0.0 (Alpha) of this indicator instead of the latest much cleaner 1.0.3 version?! Is there a reason? Do you find in "lighter" on the CPU?

It is the one I have. I have hundreds of indis that I have studied and if one works I dont bother getting updates if it serves my purpose. If you will post the update I will look at it and put it in my next update on page 1. My update will stay with the RSI2 and use the Laguerre/RSI. I will drop the Sto5 in my next update. I may put both on the screen and then people can choose which one to use or use both. Laguerre will make you use other things to look at to enter some trades. RSI2 will give you more reads though.

Well, it's Baluda's and it's the first on his page of indicators:
http://www.stevehopwoodforex.com/phpBB3 ... f=45&t=629

I feel it is much more interesting to look at (all those balls and arrows pointing up and down are showing what is happening with the TMA TrueSlope, as it was the major concern at the time. But they can be turned off, I think)

[VirtualFM]

L/RSI (Laguerre/RSI filter) tired of typing it so give it a name, test version is found on page 160

What about LaRSI? Looks like a nice place in Switzerland!

[MurphyMan]

Just checking in. Up 377 locked-in pips for the week. Couple of items in the red, but they are on the right side of the trend.

Thanks Bob.

[etheldreda]

I very seldom use AO. The one big use I use it for is if it is north of the 0 line and price is south of 240 that shows a big potential move.

Thank you for the explanation, Bob...

[VirtualFM]

About the Drag'n Drop scripts generously coded by Zool (http://www.stevehopwoodforex.com/phpBB3 ... 669#p39669).

I don't like to place pending orders with a specific SL and TP attached. We have to use the "DROP_MOVE_PENDING_SL/TP" scripts anyway!

So I found out that the "DROP_PENDING_BUY" and "DROP_PENDING_SELL" scripts were not working when SL and TP are set to 0 (zero).

And fixed them, in case someone is interested. (probably everybody moved on to the "Easy Order March" anyway!)

[nanningbob]

Just checking in. Up 377 locked-in pips for the week. Couple of items in the red, but they are on the right side of the trend.

Thanks Bob.

I have closed 374 pips for the week so far but used about 200 of them to get rid of some non 10.4 trades. I have gotten rid of all my bad trading so now looking up. Still want that 1000 pip week but doesnt look like this will be the week again. Oh well. GO JPY head for the basement.

[nanningbob]

About the Drag'n Drop scripts generously coded by Zool (http://www.stevehopwoodforex.com/phpBB3 ... 669#p39669).

I don't like to place pending orders with a specific SL and TP attached. We have to use the "DROP_MOVE_PENDING_SL/TP" scripts anyway!

So I found out that the "DROP_PENDING_BUY" and "DROP_PENDING_SELL" scripts were not working when SL and TP are set to 0 (zero).

And fixed them, in case someone is interested. (probably everybody moved on to the "Easy Order March" anyway!)

I reset them at 200 SL 200TP so they are out of the way until I reset them where I want them.

[rtmassin1]

I have decided I dont need to change the system for range trading weeks. Just TP every level or 2 and be happy with it. It works when prices range. Now if price doesnt move more than 1 or 2 levels that is not the trading systems problem, that is the market. I am standing pat with the system as is. It is showing it works in range trades, just lower your expectations, and is dynamite when it trends. Now use sound MM and over the long haul you can be a steady trader grinding out profits from week to week. 10.4 is my holy grail and I dont see any need to look further. Just have to read how the week is going strong, medium, or weak and trade it accordingly. I will play some with 10.5 which is a 10.3 update for scalping. When that tests out I can put some serious money into my account and go trade. I am happy with how I read my trades when it ranged and happy with my trades when price moved across the 240 line like the JPY did the last 2 weeks. I was able to change directions smoothly and efficiently. I correctly read the market and got my buys to switch to sells on one pair and not to trade on the others.

I took two SL hits on the usd/jpy for over 400 pips but other than that my total loss on the other JPY pairs is -80. If that is the only damage I suffer on switch over I can deal with that. My losses were heavy on that one day when price spiked all over the placed Monday the 25th but by Thursday I was back in the black. A big Friday I was still up 6% for the week.

10.4 is proving to be resilient if you take some hits, shows you to stop trading when the market changes, and when ranging you shorten expectations and go for smaller TP. But when the market moves you are there with those multiiple level trades that several other traders have shown. Yup I think I have my Holy Grail. For me this is almost 7 years of trading experience to get me here. For you guys you get to learn from all my mistakes. I dont see it getting any better than this.

Thanks Bob... For everything!

[Chris]

About the Drag'n Drop scripts generously coded by Zool (http://www.stevehopwoodforex.com/phpBB3 ... 669#p39669).

I don't like to place pending orders with a specific SL and TP attached. We have to use the "DROP_MOVE_PENDING_SL/TP" scripts anyway!

So I found out that the "DROP_PENDING_BUY" and "DROP_PENDING_SELL" scripts were not working when SL and TP are set to 0 (zero).

And fixed them, in case someone is interested. (probably everybody moved on to the "Easy Order March" anyway!)

Thanks these look good!

[Wiggy1965]

Just checking in. Up 377 locked-in pips for the week. Couple of items in the red, but they are on the right side of the trend.

Thanks Bob.

I have closed 374 pips for the week so far but used about 200 of them to get rid of some non 10.4 trades. I have gotten rid of all my bad trading so now looking up. Still want that 1000 pip week but doesnt look like this will be the week again. Oh well. GO JPY head for the basement.

429.5pips, so far this week, finally closed my EURNZD and EURGBP multiple entry trades

I have a couple open and a 2 level xMeter trade which is doing my head in

Hopefully I can pull back to break even from last week..

I'm seeing a lot of setups that may trigger this week, for TP late this week or early next...

Regards
Wiggy