stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

How to Trade 10.x Like a Boss
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2505		 Page 31 of 39
Author:  spotdespot [ Mon Jun 24, 2013 8:45 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
Sojourner wrote:The RSI indi seems to be working OK but the CSS seems to be printing the lines and color bars differently.
No idea I'm afraid - your top version of the CSS looks odd to me with all those colours?

Anyway - the change I added (Gary's code) certainly won't change any of the CSS calculations.

Cheers,
Dave.
Author:  Sojourner [ Mon Jun 24, 2013 8:50 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
I changed the colors. I don't see too well sometimes and need bright contrasts.
spotdespot wrote:
Sojourner wrote:The RSI indi seems to be working OK but the CSS seems to be printing the lines and color bars differently.
No idea I'm afraid - your top version of the CSS looks odd to me with all those colours?

Anyway - the change I added (Gary's code) certainly won't change any of the CSS calculations.

Cheers,
Dave.
Author:  spotdespot [ Mon Jun 24, 2013 8:58 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
Sojourner wrote:I changed the colors. I don't see too well sometimes and need bright contrasts.
Yours now seems to have 5 colours instead of the original 3 - is it possible that the change made with the colours has made the difference? If not I am at a loss to be honest as Gary's code just doesn't touch the indi's functional logic.

Question for others - anyone else having the same/similar issue? If so then help is needed!! :?

Cheers,
Dave.
Author:  Sojourner [ Mon Jun 24, 2013 9:26 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
I think, for some reason, the second indi is over-pasting the first even though, according to the indicator list, they are most definitely in separate windows. I, just now, took off the second indi and it's not over-pasting anymore. I also seemed to have missed changing the TF to H1. I did that now and the bars match perfectly. Thanks!
spotdespot wrote:
Sojourner wrote:I changed the colors. I don't see too well sometimes and need bright contrasts.
Yours now seems to have 5 colours instead of the original 3 - is it possible that the change made with the colours has made the difference? If not I am at a loss to be honest as Gary's code just doesn't touch the indi's functional logic.

Question for others - anyone else having the same/similar issue? If so then help is needed!! :?

Cheers,
Dave.
Author:  SWG123 [ Mon Jun 24, 2013 9:58 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
rosst wrote: Does the Easy Order script you use automatically select a 1% TP & SL?
I haven't noticed a reply to this so apologies for any repetition.

When you apply the Easy Order script to a chart, before hitting "Submit", you can right-click on the Easy Order box and choose "Risk Based" instead of the default fixed lot.
Author:  rosst [ Mon Jun 24, 2013 10:41 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
SWG123 wrote:
rosst wrote: Does the Easy Order script you use automatically select a 1% TP & SL?
I haven't noticed a reply to this so apologies for any repetition.

When you apply the Easy Order script to a chart, before hitting "Submit", you can right-click on the Easy Order box and choose "Risk Based" instead of the default fixed lot.
I appreciate the reply - so you are saying that the SL & TP will both be 1% (if you choose 1% risk?)?
Author:  SteveHopwood [ Mon Jun 24, 2013 10:59 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
rosst wrote:
SWG123 wrote:
rosst wrote: Does the Easy Order script you use automatically select a 1% TP & SL?
I haven't noticed a reply to this so apologies for any repetition.

When you apply the Easy Order script to a chart, before hitting "Submit", you can right-click on the Easy Order box and choose "Risk Based" instead of the default fixed lot.
I appreciate the reply - so you are saying that the SL & TP will both be 1% (if you choose 1% risk?)?
I do not use Easy Order as I use my own stuff, but probably not. The term 'risk' means the amount of your account you are prepared to risk on a trade - hence it being described as risk.

What risk-based calculations do is:
  • work our how many pips there are in your stop loss.
  • send a lot size that will wipe out your risk-based percentage of your account if the trade hits sl.
Easy Order may well send a tp that is equivalent in win terms to the sl in loss terms - don't know; merely trying to explain risk based sl's.

:D
Author:  Jemook [ Mon Jun 24, 2013 11:15 pm ]
Post subject:  Re: How to Trade 10.x Like a Boss
With Easy Order the SL is the fixed x% risk while the TP will be whatever you set it to. So depending where you place your TP is what % gain you'll make if/when it gets hit.

I always use a 1% SL but I try make my TP greater than the distance of the stop for a better risk:reward.
Author:  Panamamike [ Tue Jun 25, 2013 2:03 am ]
Post subject:  Re: How to Trade 10.x Like a Boss
hmmmmmm.....I made the edited changes exactly as prescribed by Gary. That is the only change I made to the Indie. My colors changed as well. I have no clue as to how that would be possible.
Sojourner wrote:I think, for some reason, the second indi is over-pasting the first even though, according to the indicator list, they are most definitely in separate windows. I, just now, took off the second indi and it's not over-pasting anymore. I also seemed to have missed changing the TF to H1. I did that now and the bars match perfectly. Thanks!
spotdespot wrote:
Sojourner wrote:I changed the colors. I don't see too well sometimes and need bright contrasts.
Yours now seems to have 5 colours instead of the original 3 - is it possible that the change made with the colours has made the difference? If not I am at a loss to be honest as Gary's code just doesn't touch the indi's functional logic.

Question for others - anyone else having the same/similar issue? If so then help is needed!! :?

Cheers,
Dave.
Author:  rosst [ Tue Jun 25, 2013 6:24 am ]
Post subject:  Re: How to Trade 10.x Like a Boss
Jemook wrote:With Easy Order the SL is the fixed x% risk while the TP will be whatever you set it to. So depending where you place your TP is what % gain you'll make if/when it gets hit.

I always use a 1% SL but I try make my TP greater than the distance of the stop for a better risk:reward.
Thanks for the explanation Steve - and Jemook I think I misunderstood - I thought you said you used Easy Order to set SL & TP both at 1% - so if I understand correctly now - you use the Easy Order to enter the position with a 1% SL and then move the TP to your target by moving the line - for example if you enter at the WP your target would be WR1 or WS1 since you don't use Daily Pivots?

Also, one more question you want to see retracement before entry - are you looking for the AUDUSD to go to the WP before shorting it?

Thanks for your help Jemook and for sharing your system and Steve for sharing this forum... :D
All times are UTC Page 31 of 39

Powered by phpBB® Forum Software © phpBB Limited