stevehopwoodforex.com • 10.3 SCALPER/RANGE TRADE SYSTEM

Author:

disbellj [ Fri Nov 02, 2012 7:24 pm ]

Post subject:

Re: 10.3 SCALPER/RANGE TRADE SYSTEM

Bob,

I'll work on separating currency column into four columns. If you are going to want information beside them to the right, we might need to still have the pairs in one column, just separated by space between groups of pairs you've mentioned.

BTW, finally was able to fix the autoGMToffset, and am working on updating the open and pivot indicators, which is taking longer than expected. But once done, the pivots between brokers and opens between brokers should be the same as bar used between brokers. Since I've fixed zznbrm's publicly posted code, so that it gives correct feedback (it was getting GMT time, but I've changed it to get GMT date also, which it needed to correctly compare broker time and GMT time), then this will most likely be used in everything I do from now on, so problems won't arrise due to GMT differences. There would still be the problem of everyone having different H4 open times per different brokers when using H4 for you 10.2 strategy (IKR?), but I can't and won't get into that right now since it does not pertain to this strategy.

Kindest regards,

Don

nanningbob wrote:
disbellj wrote:Bob,

Would you mind showing me or telling me what you would like in the columns, in order, left to right? I'll be glad to try and make it work. And I'll do my best to put everyone on GMT+0 time per opens and pivots, if I can. Not feeling too well right now, but if you can explain what you want, I can try to lay it out for you. Imagine you are laying it out to get printed, and I will recreate best I can. Refer to my CTS indicator like this one for maybe ideas to get started, seeing what I can do and have done with that one.

To anyone having problems with the indicator, try going to Input tab,. See where it says Reset by the OK button in that window? Click Reset, then click OK. Other than that, I don't know what to tell you. It works fine for me no problem if I do this if I have problems.

Kindest regards,

Don

nanningbob wrote:I like All Pairs also. If you could make it go across the screen with more columns I would like that feature. I will test it more this week and see how it goes. If I am doing recovery on some pair I know not to bother with a recovery set up if it shows the opposite.
You could have 4 columns instead of one. Column 1 could have the aud pairs with chf/jpy and cad/jpy
Column 2 could be the euro pairs
Column 3 could be the gbp pairs
column 4 could be nzd and usd pairs

Just a suggestioin.

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Author:	ciliano [ Fri Nov 02, 2012 8:21 pm ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
I placed 17 trades last night at 5:15 PST on my machine at work. I just opened my computer at home at market close to find that the trade manager had closed all trades at the same time for a total of +513 pips overnight. 5% return in a day, I am enjoying this... Here is a shot

Author:	Candlestar [ Fri Nov 02, 2012 8:59 pm ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
disbellj wrote:Hope this helps everyone know the trade direction on Bob's simple 10.3 system. Thanks Bob (Of couse someone will probably say that since the open for different criminals is different for the day, that the daily open will be different for me than it is for you. This is true, unless we change the code for daily opens like the code has been changed for pivots to get everyone on same page, then the daily open will be different for different people due to different criminals. if you want me to, I can see about making Daily open at 17:00 EST, although then we get into having to use GMT offset, etc). Kindest regards, Don Hi disbellj, really great addition to Nanningbob´s work, thanks a lot. You asked for improvement suggestions, well I would like to see two things: 1. Could you code a user variable that prevents the display to show courses that have a spread larger than x ( in my case x would be 4, I never trade anything that has a spread larger than 4 and I do not want to see the rest). 2. Not so important, but... would be nice if we had could have our own special row of courses, i.e. having a user variable where we could write in our courses (maybe separated by a comma or so). Anyway, thanks for your efforts and all the best wishes for your health -:)

Author:	sini [ Fri Nov 02, 2012 10:59 pm ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
ciliano wrote:I placed 17 trades last night at 5:15 PST on my machine at work. I just opened my computer at home at market close to find that the trade manager had closed all trades at the same time for a total of +513 pips overnight. 5% return in a day, I am enjoying this... Here is a shot What is this?????? Nothing, you do not have TP or SL, you was only lucky today, this is not real strategy! Rattle up and down.

Author:	nanningbob [ Fri Nov 02, 2012 11:41 pm ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Don I am only thinking of the indicator as it now stands. If you have future work and you need a single column to make it fit by all means go ahead. I was just thinking of the indicator as it now stands. I am going to work on the MPTM model to fit this strategy. Mainly using it to improve the risk to reward ratio. I have an idea I think will really work but will have to test it this weekend. Anyway, this is an exciting development. 10.3 maybe my best yet.

Author:	nanningbob [ Fri Nov 02, 2012 11:58 pm ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
sini wrote: ciliano wrote:I placed 17 trades last night at 5:15 PST on my machine at work. I just opened my computer at home at market close to find that the trade manager had closed all trades at the same time for a total of +513 pips overnight. 5% return in a day, I am enjoying this... Here is a shot What is this?????? Nothing, you do not have TP or SL, you was only lucky today, this is not real strategy! Rattle up and down. He is trading .02 and .03 lot sizes. Not much danger in that. I trade like that all the time when testing a new theory. That way i can see how a process works. At 2 cents a trade with a 500 dollar account he would need to lose 25,000 pips to lose his account. Yet at 500 pips profit he made 10-15 dollars or 2-3% of his account. It is amazing what you can do trading small lot size to account size and trade away. Not a bad example of how that kind of trading can work.

Author:	disbellj [ Sat Nov 03, 2012 12:04 am ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Bob, CoolNCalm is working on his strategy, I'm kinda on hold on that. Plus, I think CC would agree that your strategy is more important, as we see plenty of opportunity from your strategy. So you just want these pair groups side-by-side? Are these the same pairs as in the Volatility Groups? Kindest regards, Don nanningbob wrote:Don I am only thinking of the indicator as it now stands. If you have future work and you need a single column to make it fit by all means go ahead. I was just thinking of the indicator as it now stands. I am going to work on the MPTM model to fit this strategy. Mainly using it to improve the risk to reward ratio. I have an idea I think will really work but will have to test it this weekend. Anyway, this is an exciting development. 10.3 maybe my best yet.

Author:	nanningbob [ Sat Nov 03, 2012 12:19 am ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Havent even thought of that yet. Still in the basics. What you guys will see is my thought processes as I develop a strategy. Usually when I post a strategy I have spent weeks and even months on it before posting. This one is only 3 days old so a lot of thinking still left to go. In three days we have entrances (red above black buy etc), exits (daily S/R lines) and SL try to set up a 1.5:1 or 2:1 win loss ratio. My next item and I just thought of this answering a question last night is to improve win loss ratio is using Steve's MPTM. I will work on that main idea all weekend and hope to have something by Sunday afternoon or evening. Then I will work on ...............??? So you guys doing this other stuff will think of things that havent even dawn on me yet. My first thought when I started this is to have something to trade during dead times but this may get bigger than that. I see some real potential in this strategy.

Author:	nanningbob [ Sat Nov 03, 2012 12:48 am ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
disbellj wrote:Bob, CoolNCalm is working on his strategy, I'm kinda on hold on that. Plus, I think CC would agree that your strategy is more important, as we see plenty of opportunity from your strategy. So you just want these pair groups side-by-side? Are these the same pairs as in the Volatility Groups? Kindest regards, Don nanningbob wrote:Don I am only thinking of the indicator as it now stands. If you have future work and you need a single column to make it fit by all means go ahead. I was just thinking of the indicator as it now stands. I am going to work on the MPTM model to fit this strategy. Mainly using it to improve the risk to reward ratio. I have an idea I think will really work but will have to test it this weekend. Anyway, this is an exciting development. 10.3 maybe my best yet. Screen size is what concerns me. I like seeing things across, takes up less space and i can put a 2nd indicator under it. Like my info screen that I use. I have 2 on there, one comparing the strength of all the different indicators and the other showing me my lots, profit and loss on all my trades. Anyway it is just a convenience thing not a necessary thing.

Author:	RoyPK [ Sat Nov 03, 2012 1:08 am ]
Post subject:	Re: 10.3 SCALPER/RANGE TRADE SYSTEM
Hi Don, I need your help. I put the indicator on Eur/Usd 1H blank chart. But nothing shows up. I also reset the indicator as you suggested. My borker's GMT Offset= +0. Appreciate your help. Thanks. Roy[/quote][/quote] Thanks Don for your quick and kind reply. I will try what you suggested as soon as I get home. Thanks again. Roy

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