Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
thanks pennies I appreciate it and I will get with them.
write not right geesh Its too early yet in az lol.
Does anyone here know how to right a simple expert advisor program? my parameters are simple (no pun intended simple green lol) Anyway, here is what I want the program to do.
When RSI(5) hits level of 20 I want to put in a buy order for 1 lot and an alarm go off.
I want it to sell the lot when 10 pips are reached.
If the price drops below 20 pips from where the buy was at I want to have the program sell the lot.
The question I would have, is if multiple candlesticks closed below the RSI (5) 20 level consectively would the program buy a lot on each candle (I definitely would not want that to happen)?
I would guess a line could be put in the program that only 1 lot buy could be done and until that lot sold another lot could not be purchased. Any help appreciated.
Happy Thanksgiving everyone!
Made another 19 pips this am playing my RSI and Bolli - SAWEET! E/U keep trading what a Thanksgiving!
Thank you EU for 1.5075!!! Happy Thanksgiving! Later!
Thanks bro! She is almost there. I have been paying more attention for some reason to my RSI 5 only with bollinger bands and having some really good success in addition to running the other EA's like we have been playing with. I am seeing more and more that when the RSI 5 will touch down on the 20 area, it will move up and in some cases hit again to test. When it does the 2nd time is the harder run and I have been catching it. I do the same with the short up at 70 to 100 area. I don't know if it's anything you all didn't already know from previous experience but it seems really reliable in the forex market. That wasn't the case in most cases with Dow NASD and pennies for me. Manipulation was the way of the game. Sorry for the blabbing but anyways good trade! GO Green Team!!!
E/U - she's coming down to meet my TP called earlier today - E/U remember me :) Die EU Die!!! 1.5075 she's coming slowly but surly E/U will get there tonight!
E/U She'll be coming down the mountain here she comes yoo hoo! Die EU Die!!!
I'm thinking about becoming an illegal immigrant and going to Mexico to find work set up shop and live with about 4 or 5 families in one house. All of the immigrants are leaving here so it must be better there hahahahahahaha.
One thing is for certain is that when it drops it will drop medium to high hard for 20 to 40 pips because people will get scared of how far the retrace may be IMO.
LOL - I just don't want to get a beating when she gets home because me and the kiddos made a mess hahahaha LOL. It's all good! She's crazy about me LOL!
I think it shot up too fast and needs to check. I think a lot of this buying was shorts that got busted between the 1.5000 and 1.5050 mark. That's just my take on it. We'll see but I'm confident about where I'm at and if it shoots up again well then Live2trade is now deadNwater hahahaha jk I'll be okee dokee fine!
PS - I'm cleaning house before my wife's flight comes in so I'm a househusband trying to make a few pips lol.
Looking for a check at 1.5075 range is what I have for TP.
Grabbed EU at 1.5132 judging by RSI 5 and candles she topped again and it should be coming down for a bit. Die EU Die~~~
Does anyone have any links or information on correctly back testing an EA? I have been getting bad results from my testing and I am missing something and I cannot seem to figure it out. Any help appreciated.
Pennies, I had to take off both of my socks just to have enough toes and fingers to count all those numbers on your chart LOL - It looks like you have a good system going there with simple congrats!
Dude Rob you rock! thanks pal it just setup - Man I appreciate it!!! Thank you too simple for your help as well. That is why I love this room so much. I have told others about the room, I am going to try and open a live chat room in the not to far off future. I wish they would do something like that here in ihub. Anyways, enough of my blabbering I want to play with my new christmas toy - thanks again!
Live2trade!
Thanks Rob I will try that.
I don't know what I am doing wrong. I click on the link and click to download and it asks me to open, save, or cancel. I click on save and then it only allows me to save it as a .tpl document and then if I hit the drop down arrow it says All files. That is the only two ways it will let me save it. Does anyone have any idea help on this on what I am doing wrong here? Thanks in advance for your help.
Live2Trade!
Hey Rob or anyone,
I wanted to try out your M1 MT4 trading system that everyone is talking about. I went to the forex factory site but I could not get it to work on my computer. Can you please email it to me or anyone at livetotrade@yahoo.com
Thanks so much in advance.
Live2Trade!
Hey Everyone, I wanted to share a scalp technique with you that some of you may know but it may help some others. I have been having some good success with my trades following this technique.
If you look at the chart that I posted below you will see that I am running the RSI 2, 5, and 9 with my lines showing from 100 to 20. Whenever you see a drop in the chart and the 5 RSI touches the 20 line, wait for it to go up and then come back down and touch again. The next check usually will be when the momentum run occurs for that session of candles and you can make a good scalp.
Hey Everyone - Sorry to be a stranger just been busy - Liking what I am seeing for everyone. I am long on GU and GJ from this am. Good to hear others are liking them. I am thinking like daiello we should be seeing a 200 to 300 pop out of something soon. I'm thinking GJ may be it, jmo!
Live2Trade!
Out in the desert brother where we live in the dirt - we eat, drink, and poop dirt hahahahahahaha!
Remember when oil was hitting all time highs and they said it would bust $200 a barrel and now look. I am not trying to gloom and doom anyone's thoughts but things do come back down when people overvalue - Examples, Stocks, Oil, Housing, My Water Bill HAHAHAHAHA had to throw that in there for fun, but you get my point.
Live2Trade!
Elliot wave - If my post is right and it looks like it is - simple you and others please feel free to comment, but it looks like we are setting up for wave 5 on GU - please check my lines - I couldn't number because of limitations with the charting, but you can count the waves here lines in it see below.
Take a look gang - GU chart here - Looks like trend line buy is coming up quickly.
Simple - I will be praying for you. I appreciate everything you have shared here. You are great trader and I agree with everyone, I am glad you are here. Keep us in the loop.
Live2Trade!
Right on - Congrats!
Now that's what I'm talking about - I still holding my short on EU looking good right now coming down. We'll see what happens.
LOL - I heard that - I am with you on that one lol.
I gotta feeling with today's DOW movement that EU is going to be pushing big time tonight. I have small position shorts set every 50 pips up to oblivion LOL!
Here's something to try. Let's say you are going long on a position with say 1 unit or lot size. Give yourself a $10 or $15 dollar cushion. If it looks like it is selling hard then sell the position and wait for another entry maybe 30 pips below your sell. Try again and do the same thing. Once you hit the correct entry you can ride it up and overcome your losses and gain a profit. The same can be done with a short. One big successful 100 pip move will make up for 2 or 3 entries of 10 to 15 dollar losses. Hope that makes sense and helps someone.
Live2Trade!
Yea, I like how one person put it - Some people get stubborn and try to fight the market when they are in a losing position, thinking that they will win the trade but it is better to surrender your position - wait and then try again maybe 50 pips lower or higher whatever you position is.
Sherri you are totally right. It really is how much a person is comfortable with. I have made some really good profits here lately just trading the range and use micro lots in my small account. Once my account doubles I will grow from micro to mini - so on and so forth. Trading right now I am not stressed but in some cases ok and glad when things do go up so I can get more money into them LOL - I sound out of my mind, but I keep thinking that the more small buys I get to do on the way up or shorts on the way down, that I will have a bigger payday when the price comes back into the range.
LOL - I get there from time to time. I think with the forex I have learned more in a short time than any other thing I have traded because of the liquidity and how fast a currency can move either way. I look at these currencies right now and the stockmarket and I plan on the stockmarket hitting 14k again, not that it will but you have to play that way to guard your capital in this market, forex can be brutal.
Nice omar that's a sweet site, I added it to my favorites.
That's the one thing about trading - There are no guarantees. I was one of the ones that when I first started I lost over 10k in a short amount of time had to start over didn't learn the lesson and did basically the same thing again. I was determined to learn money management. I hope that everyone is doing good in our room. If you are nervous or you are in too deep in your trading get some of the load off, it's better to take a medium loss or small loss than to get your account taken out. It will hurt you more psychologically down the road when you try again. Trust me I have been there. If I can help anyone on this board please feel free to let me know. I hope everyone great success in here. Remember small consistent gains make big accounts. If you have to start fresh today wipe the slate clean and start over with what you have. Study more and make more than 2 or 3 buys on any currency. I have made as many as 7 so far. Looking through the charts I figured out how bad bad could get and it took me down to 10 buys counting them up. I posted this because I get the filling some in here have made some purchases they are not sure of. I have traded for over 10 years in every market and it is never easy. The only reason things have turned around for me was to make small profits and consistency with a proven trading plan. If you do not have one then today is the day to get one. Don't trade if you don't have one, you cannot afford too.
Respectfully,
Live2Trade!
Best thing to do right now is to take out a GU long and let it ride up. That way when it does get toppy and everyone is yelling and screaming you can sell it and then go in more on the EU and ride it down. Use GU as a hedge, that is what I am doing at the moment.
GM Everyone! Playing RSI 5&2 on GU - Love trading this bad boy. Liquidity is incredible here. Still buying small positions in EU and will continue all the way up to wherever with small lot sizes. USD/CHF took a small buy starting position on it too.