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| 240 MA BUY.ABOVE_SELL.BELOW https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=3871 |
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| Author: | Pipstubborn [ Tue Oct 28, 2014 5:05 pm ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
Thanks Bob, will test it The arrows will be adjusted to the 60 MA on the indicator right? On the other hand, using the Steve's Ea Ver. 1i it has to be adjusted to the 60 MA or just changing the settings on the Moving Average section will be enough for the arrows to appear in place acording to the 60 MA trend? I'm not a coder, so excuse me in advance and thank you very much again. |
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| Author: | NewTrader [ Tue Oct 28, 2014 7:59 pm ] |
| Post subject: | Arrow Question |
Hey everyone, I am new to this, been trying to catch up by reading the posts, so I am not sure if I have missed something that might have been posted somewhere else... but I noticed Bob had said (above) the arrows should correspond with the candle color - green with green red with red. ( I am taking it that is when you would either trend trade or counter trade). But on the charts there are instructions to use the pink arrows only with green candles and the green-yellow only with red candles. Also when installing the v.11 I noticed the 10.4 SSG 100 only MQL4 file was 0 bytes (My computer asked if I wanted to replace the one that was with version 8 - that's how I noticed it.) I did and when opening the template there were no lines xx.000 or the 20 pip lines...did I do something wrong? SHould I put the v.8 SSG 100 back. And....sorry again for my ignorance.... but Bob had mentioned there was a 240 (Monthly trends) - and a 60 (Weekly trends) MA that was now in the system. Is the 60 another template (I only saw one in the download) or is it something that it just re-figures automatically depending on the time frame you are on. Any help is so appreciated....thanks - and thanks for all you guys do have done and are doing - it is a true blessing. |
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| Author: | nanningbob [ Tue Oct 28, 2014 11:07 pm ] |
| Post subject: | Arrow Question |
See notes above. The trend trade arrow colors are darker than the explanation on the first couple of pages. I hope that does not confuse you but the info with the template is correct that is why I put it there as a reminder. |
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| Author: | nanningbob [ Tue Oct 28, 2014 11:09 pm ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
I dont think so. Steve's EA works off of the signals of the indicator so if you change indicators it should work, HOWEVER, I am just guessing and assume that to be true. I havent tried Steve's EA with this yet. |
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| Author: | SteveHopwood [ Tue Oct 28, 2014 11:31 pm ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
Not a clue what this is about and not keeping up with developments here and just happened to come across this because of forum software stuff dragging my attention to it but: yes my ea works off the ea posted in post 1 of my thread. Not a clue whether the indi in my post 1 is the one it should be working with because I am not up to speed with events here. Someone needs to tell me if it needs to be working with something different. Preferably in my ea thread and not here. Don't assume I am keeping up with events here. I am not. Someone needs to tell me if the ea needs to use a different indi. As I occasionally remark; there is only one of me but there are lots and lots of you. |
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| Author: | NewTrader [ Wed Oct 29, 2014 2:02 am ] |
| Post subject: | Arrow Question |
Bob, Thank you for clearing up the arrows for me. I looked a little closer at the examples in the thread and noticed the lines are only in 11.7. I was installing 11.0 Where do I find 11.7? Thanks again. |
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| Author: | nanningbob [ Wed Oct 29, 2014 6:05 am ] |
| Post subject: | Arrow Question |
Page one post one. The only place I place my most updated version. |
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| Author: | Nidolap [ Sun Nov 02, 2014 1:00 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
Very quiet here. Well I have been using this last week on H1 timeframe with very nice results. My only difficulty is the same as always, where should we place TP? Should it be the same distance as SL on a 1:1 R/R? Should it be scalping for 10 pips and take the momentum? Should it be only on market volatility hours and close after that? Maybe these answers come with experience but this as been my struggling on trading for quite some time. Regards! Joao |
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| Author: | nanningbob [ Sun Nov 02, 2014 4:51 am ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
I used to think about these things and then I said. I can make a profit every day and I can trade every day. If I make a profit every day my account goes up and I am happy. The only way I know about hanging onto trades is either: 1. Knowing the fundamental behind the move (like last Friday's JPY moves) 2. Or using the CSS (they are both moving in opposite directions away from each other). 3. Using a trailing MA line that closes out a trade when it is hit. 4. Or my favorite just take the profit around the mid point of a trading session. The majority of the time that will be all for the present move. Almost all the time I just take the profit and move on. Account grows, I make money. I have found out the worst thing that can happen to a trader is to see a profit and then see it disappear. That is more damaging to one's Psyche, than I pocketed 40 pips, dang it went a 100. Oh well, next. |
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| Author: | SteveHopwood [ Sun Nov 02, 2014 11:13 pm ] |
| Post subject: | 240 MA BUY.ABOVE_SELL.BELOW |
I wish it were possible to emblazon this magically on the soul of every new trader. Nice one, Bob. |
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