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Multi Pair Swing Trader,,
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1302		 Page 7 of 17
Author:  MrLong [ Sun Dec 23, 2012 7:55 pm ]
Post subject:  Re: Multi Pair Swing Trader,,
chrisD wrote:Andy, Empty4 platform already has zigzag indicator, Is yours different, must download?
No, but some Empty4 platforms don't have it for some reason.

Andy
Author:  SteveHopwood [ Sun Dec 23, 2012 9:45 pm ]
Post subject:  Re: Multi Pair Swing Trader,,
MrLong wrote:
chrisD wrote:Andy, Empty4 platform already has zigzag indicator, Is yours different, must download?
No, but some Empty4 platforms don't have it for some reason.

Andy
Cowboy IBFX is one if them - and you would expect someone that big to have everything.

Of course, they do have shed-loads of stuff that nobody would dream of wanting in their wildest nightmares, but that is because Cowboy IBFX are wally-plonker-dipstick-cretins masquerading as serious players. They are not.

No point to this post. Just having a rant at Cowboy IBFX. And why not? :lol:

:D
Author:  longytravel [ Mon Dec 24, 2012 7:19 am ]
Post subject:  Re: Multi Pair Swing Trader,,
Merry Christmas to all on site.

I am just starting out with all this and am taking every opportunity to read and learn as much as i can. Also trying plenty of different things till i find something i can really get into.

I like the look of Andy's EA and strategy (mainly cause its simple!)

I guess its not the right time to trade with the holidays and stuff but wanted to set the EA to see if it would fire and i could then understand why it did etc.

Below is the first trade this morning (5am GMT). Bad news is i am not sure why it did? Price didn't go above the last swing high although it is above the EMA's.

Buy when price goes above the last swing and the Ma 21 EMA is above the Ma 55 EMA

This will, i am sure being me missing something very clear so i would be grateful if someone could explain what it is am doing wrong!

Thanks in advance

P.S It is amazing what you guys can do - keep it up!

Image
Author:  longytravel [ Mon Dec 24, 2012 7:23 am ]
Post subject:  Re: Multi Pair Swing Trader,,
Helps if you can see what I am talking about! Vertical read line is of course where it fired.

Image
Author:  vm9999 [ Mon Dec 24, 2012 7:37 am ]
Post subject:  Re: Multi Pair Swing Trader,,
longytravel wrote:Helps if you can see what I am talking about! Vertical read line is of course where it fired.
EA use ASK price for Buy open:
if (type == OP_BUY)
...
Ask.Price > GetSwingHigh(symbol,timeframe)

So, Ask price was higher then last high swing.

Andy, is it correct? Maybe we should change Ask for Bid, and Bid for Ask in the DetectSwingCross function?
Author:  vm9999 [ Mon Dec 24, 2012 9:04 am ]
Post subject:  Re: Multi Pair Swing Trader,,
Dear longytravel, I'm affraid you make mistake when you're thinking that order was opened at tis candle - it is impossible. It was opened at the next candle, please see my picture.
As you can see, AUDNZD was opened at 7.03. I'm special use 5min chart to show this time more exactly.
Ask Price here was above swing.
Author:  MrLong [ Mon Dec 24, 2012 9:09 am ]
Post subject:  Re: Multi Pair Swing Trader,,
vm9999 wrote:Dear longytravel, I'm affraid you make mistake when you're thinking that order was opened at tis candle - it is impossible. It was opened at the next candle, please see my picture.

Hello vm9999,

We always BUY at ask and SEL at bid.

If you don't want to trade the Asian setion, you can set the EA setting to:
extern string tradingHours = "+08.00, -17.00"; // daily for Alpari UK

That way the EA will only trade between those hours, in my case GMT.

Andy
Author:  MrLong [ Mon Dec 24, 2012 9:12 am ]
Post subject:  Re: Multi Pair Swing Trader,,
longytravel wrote:Helps if you can see what I am talking about! Vertical read line is of course where it fired.

Image
Hello longytravel,

Including spread in these thin conditions, the trade should have been above.

Andy
Author:  longytravel [ Mon Dec 24, 2012 1:52 pm ]
Post subject:  Re: Multi Pair Swing Trader,,
Thanks for the quick and detailed response.

I will have a look in more detail when I get in. Working on Christmas eve is rubbish!

One quick further question then. Would we be better waiting for price to be a little higher in this situation to ensure that we are further through potential resistance and therefore less chance of a reversal?

Do we not want to super sure we are through that level?

Thanks in advance as ever.
Author:  vm9999 [ Mon Dec 24, 2012 5:12 pm ]
Post subject:  Re: Multi Pair Swing Trader,,
longytravel wrote:Thanks for the quick and detailed response.

I will have a look in more detail when I get in. Working on Christmas eve is rubbish!

One quick further question then. Would we be better waiting for price to be a little higher in this situation to ensure that we are further through potential resistance and therefore less chance of a reversal?

Do we not want to super sure we are through that level?

Thanks in advance as ever.
I'm afraid this is have no sence. We have just only chance to survive - the Basket.
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