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10.4 A Complete System
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=1481
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Author:  aworex [ Thu Feb 28, 2013 3:26 pm ]
Post subject:  Re: 10.4 A Complete System

alex_forex wrote:
fahedksa wrote:
alex_forex wrote:
fahedksa wrote:
alex_forex wrote:SL should be set @240MA
BTW the system is not bullet prrof, you can loose.
Thank you Alex
I just post my trade above to be sure if i understand 10.4 rules or i made mistakes
You can use the script to set your pending trade with SL set @240MA ;)
Thank you Alex,Which script i can you use to do that?
10.4 Pending Order Placement Script.mq4 in the Post #1 here : http://www.stevehopwoodforex.com/phpBB3 ... =37&t=1492
Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart
Author:  Gertje [ Thu Feb 28, 2013 3:27 pm ]
Post subject:  Re: 10.4 A Complete System

aworex wrote: Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart
Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL of handmade pendings @ the 240MA till it triggers
Author:  aworex [ Thu Feb 28, 2013 3:31 pm ]
Post subject:  Re: 10.4 A Complete System

Gertje wrote:
aworex wrote: Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart
Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL @ the 240MA till it triggers
Ha Ha thanks this system rocks, As a new month starts tomorrow there might be a shift in the monthly pivot points which might also affect the weekly levels.
Author:  mjws00 [ Thu Feb 28, 2013 3:31 pm ]
Post subject:  Re: 10.4 A Complete System

It will be fun to see if a trigger happy approach to this sys does well. With decent money management one could simply consider it diversification.

Also looking to see just how often the hyper pyramiding works vs. a more moderate approach.
Author:  Gertje [ Thu Feb 28, 2013 3:32 pm ]
Post subject:  Re: 10.4 A Complete System

aworex wrote:
Gertje wrote:
aworex wrote: Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart
Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL @ the 240MA till it triggers
Ha Ha thanks this system rocks, As a new month starts tomorrow there might be a shift in the monthly pivot points which might also affect the weekly levels.
No way, the weekly are calculated every week. So starting monday you get new pivots.
Author:  cmeade2 [ Thu Feb 28, 2013 3:36 pm ]
Post subject:  Re: 10.4 A Complete System

Actually, the new month will start at 5 pm EST today (10 pm your time).
aworex wrote:
Gertje wrote:
aworex wrote: Hi there,

How to you use the script to create additional orders, It only sets the most neareat pivot long or short whenever I place it on a chart
Wait for the PA till it is between the pivots.
If you use the ITM, this will put the SL @ the 240MA till it triggers
Ha Ha thanks this system rocks, As a new month starts tomorrow there might be a shift in the monthly pivot points which might also affect the weekly levels.
Author:  Gertje [ Thu Feb 28, 2013 3:41 pm ]
Post subject:  Re: 10.4 A Complete System

EURCHF short anybody?

I'm running out of pivots..... :lol:
Author:  cmeade2 [ Thu Feb 28, 2013 3:46 pm ]
Post subject:  Re: 10.4 A Complete System

Given that the Chf is incredibly weak and the RSI(2) is high, I would say "no"
Gertje wrote:EURCHF short anybody?

I'm running out of pivots..... :lol:
Author:  spotdespot [ Thu Feb 28, 2013 3:48 pm ]
Post subject:  Re: 10.4 A Complete System

Did you get in on the Gold and Silver trades Gertje?

I missed the USDCAD one - already rushed off....there will be more. I just wish the AUD & NZD crosses would stop teasing us.
Author:  cmeade2 [ Thu Feb 28, 2013 3:54 pm ]
Post subject:  Re: 10.4 A Complete System

Why do you say "teasing". They have given good pips on some pairs.
spotdespot wrote:Did you get in on the Gold and Silver trades Gertje?

I missed the USDCAD one - already rushed off....there will be more. I just wish the AUD & NZD crosses would stop teasing us.
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