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

10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481
Page 7 of 745
Author:  aristid [ Wed Feb 13, 2013 11:29 am ]
Post subject:  Re: 10.4 A Complete System

hello all,

this is my second post, first one was a quick thank you.
I fortunate to find you guys and this forum on the day of the release of this system it seems, how's that for timing.

I have given the system a few thorough reads and it is already advancing my thinking, so a big thanks to all involved and congratulations.

here is a point I am failing to understand:
going long, we get a signal (bottoming rsi) and put in a pending order above the appropriate pivot.
AO is not yet green, a trade is entered, but it was a false break. (a spike though the pivot)
It may occur that price may drop further and give another signal off the pivot lower to the previous one.
I am guessing we will not be entering this trade, as this would double our risk, am I correct? We will not be getting a red AO bar anytime soon to exit, because we never had a green one in the first place.

thanks once again.
:-)
Author:  The_Snowman [ Wed Feb 13, 2013 12:04 pm ]
Post subject:  Re: 10.4 A Complete System

I'm sure all will have this error; must be using up some resources - calling the programmer - HELP

:?
Author:  nanningbob [ Wed Feb 13, 2013 12:40 pm ]
Post subject:  Re: 10.4 A Complete System

aristid wrote:hello all,

this is my second post, first one was a quick thank you.
I fortunate to find you guys and this forum on the day of the release of this system it seems, how's that for timing.

I have given the system a few thorough reads and it is already advancing my thinking, so a big thanks to all involved and congratulations.

here is a point I am failing to understand:
going long, we get a signal (bottoming rsi) and put in a pending order above the appropriate pivot.
AO is not yet green, a trade is entered, but it was a false break. (a spike though the pivot)
It may occur that price may drop further and give another signal off the pivot lower to the previous one.
I am guessing we will not be entering this trade, as this would double our risk, am I correct? We will not be getting a red AO bar anytime soon to exit, because we never had a green one in the first place.

thanks once again.
:-)
Without telling us what currency pair your are talking about I have not idea what you are saying.
Author:  kwanann [ Wed Feb 13, 2013 12:46 pm ]
Post subject:  Re: 10.4 A Complete System

xrismak wrote:So Kwannan,

Wakey wakey, what Do you think.... re : 10.4, I am Sure I have got One or 2 Set ups wrong, but I'll Learn the Hard way soon...


Happy Trading Y'all

xrismak. ;)
Hey!

Yet to really look into 10.4. I've currently stopped trading for now. Primarily cos I've finally managed to recoup all my initial investments :D and also cos of the g20 event happening, currencies are going all over the place. The goodie bag also got affected due to all the news events from g20. yeah sure they were home runs, but the losses are equally dramatic.

On a side note, I've started on the mini prj that I mentioned, let's see if I can hit gold :x
Author:  fxdaytrader [ Wed Feb 13, 2013 12:58 pm ]
Post subject:  Re: 10.4 A Complete System

The_Snowman wrote:I'm sure all will have this error; must be using up some resources - calling the programmer - HELP
:?
Unfortunately there is not the sourcecode of the indi posted here. In another tma-slope indicator I could fix as follows (maybe Bob could do this for that indi here):

Replace all that lines (there are some of them):
ObjectCreate("label",OBJ_LABEL,WindowFind("10.2 TmaSlope_Norm"),0,0);

with:
ObjectCreate("label",OBJ_LABEL,0,0,0);

in simple words: search for WindowFind("10.2 TmaSlope_Norm") and replace it with 0

that should work


:)
Author:  aristid [ Wed Feb 13, 2013 1:04 pm ]
Post subject:  Re: 10.4 A Complete System

nanningbob wrote:
aristid wrote:hello all,

this is my second post, first one was a quick thank you.
I fortunate to find you guys and this forum on the day of the release of this system it seems, how's that for timing.

I have given the system a few thorough reads and it is already advancing my thinking, so a big thanks to all involved and congratulations.

here is a point I am failing to understand:
going long, we get a signal (bottoming rsi) and put in a pending order above the appropriate pivot.
AO is not yet green, a trade is entered, but it was a false break. (a spike though the pivot)
It may occur that price may drop further and give another signal off the pivot lower to the previous one.
I am guessing we will not be entering this trade, as this would double our risk, am I correct? We will not be getting a red AO bar anytime soon to exit, because we never had a green one in the first place.

thanks once again.
:-)
Without telling us what currency pair your are talking about I have not idea what you are saying.
thank you for your reply,
I was not referring to any particular pair,
the question is, if we are in a trade and in drawdown (no reason to exit yet), I am guessing we shouldn't initiate a new one.

no worries, I wouldn't do it, just wondering.

thanks again.
Author:  eltax100 [ Wed Feb 13, 2013 1:33 pm ]
Post subject:  Re: 10.4 A Complete System

Hi Bob,
simply a big thank you, its not enough just to say this and again you have demonstrated great generosity of spirit
Thanks.

can I ask your opinion, as I go through a few charts making a short list to watch more closely, looking at the NZD/CAD it seems to be lining at nice setup up however its quite a long way from the trend and just under the RS1 at what pivot would you consider it too far to initiate trades or not?
Author:  phaholj [ Wed Feb 13, 2013 2:02 pm ]
Post subject:  Re: 10.4 A Complete System

Thanks Bob and everyone who contributed.
This is a great system.
Author:  4xBones [ Wed Feb 13, 2013 2:28 pm ]
Post subject:  Re: 10.4 A Complete System

You know what they say;

"Bulls live above the 200MA and the Bears live below"

and now you are perfecting it! Thanks for all your excellent work, Bob, it is much appreciated.
Author:  ross [ Wed Feb 13, 2013 2:32 pm ]
Post subject:  Re: 10.4 A Complete System

linuspoon wrote:Hi Bob,

Thanks for your generosity in sharing with us your latest 10.4. I will like to just report a bug in one of the indicators. After changing the chart to the template, the expert logs is filled with error. I've pasted the error below. Does anyone of you also having this error or is it just me? Appreciate any advice to remove this error as the log filling up the diskspace pretty fast.

18:13:41 NT TMATrue SlopeHisto MTF EURNZD-,H4: unknown subwindow number -1 for ObjectCreate function18:13:41 NT TMATrue SlopeHisto MTF EURNZD-,H4: unknown subwindow number -1 for ObjectCreate function
I have the same error....3-4 times per second...
All times are UTC Page 7 of 745