10.4 A Complete System

[fxdaytrader]

wish it existed an "exclude from MPTM" setting by magic number

Do I understand it right? -> So you want an EXCLUDE some magicnumbers-option for MPTM?

Try that one (mod. MPTM global, see source-code for the links to the threads).

You have the new external parameter ExcludeMagicNumbers.

There you may enter all the magics you do not want to be managed by the EA, ....

[nanningbob]

I think you are going to find the dummy lights a great trading tool.

First the UT pairs:
aud/cad, aud/jpy, aud/usd, chf/jpy, eur/cad, eur/jpy, eur/usd, gbp/cad, gbp/usd, nzd/chf, nzd/jpy, nzd/usd, usd/jpy

Next the DT pairs:
aud/nzd, eur/nzd, gbp/jpy, gbp/nzd, usd/chf

Range pairs
aud/chf, eur/aud, gbp/aud, gbp/chf, usd/cad.

Let us look on how to trade using 10.6

[nanningbob]

If trading the aud/cad you are looking for a signal to cross back up. That could mean waiting for STO7 to go further down OR seeing cross above the 40 back into the trend also crossing the DP and xxx.000 line. The yellow areas show what you will be looking for.

[nanningbob]

On the 1Hour chart you can see the DP, 60 MA, and xxx.000 lines are all at one spot. The breaking of these three lines would most likely make a great trade Monday.

[nanningbob]

The aud/jpy, aud/usd, cad/jpy, eur/usd, gbp/usd, nzd/chf, nzd/jpy, nzd/usd, All are giving the approximate same setup so pick and choose which ones you like best.

[nanningbob]

USD/JPY is well above the DP at this time so we look at the 1H. The STO 7 is on the bottom so we wait until it heads up and enter. Price may or may not retrace back to the 240 line but it has been bouncing off of it wanting to go up. I marked in yellow key areas to watch. Eur/jpy and chf/jpy are a similar setup.

[nanningbob]

eur/nzd may not be quite ready to drop again but you can see the setup coming on the 1H chart. You can see the entrance points of previous good trades. gbp/nzd is a similar setup. Anyway those are some potential setups for Monday.

[nanningbob]

Here is an excel sheet I made up. I color the boxes to let me know if UT DT or R/R. Maybe you will find it helpful at the beginning. It has the 24 pairs I trade on it.

[viper77]

Thx a lot fxdaytrader, i´ll try it as soon as the market opens, good job!

wish it existed an "exclude from MPTM" setting by magic number

Do I understand it right? -> So you want an EXCLUDE some magicnumbers-option for MPTM?

Try that one (mod. MPTM global, see source-code for the links to the threads).

You have the new external parameter ExcludeMagicNumbers.

There you may enter all the magics you do not want to be managed by the EA, ....

[viper77]

Everything that comes from you is always helpful, thanks a lot for all your efforts!

Here is an excel sheet I made up. I color the boxes to let me know if UT DT or R/R. Maybe you will find it helpful at the beginning. It has the 24 pairs I trade on it.