Here are the rules:

1. SET OF ORDERS
At the closing price of the candle (on used timeframe), EA will place one buy order, one sell order,
and one pending order sellstop wich will be -50 pips below closing price.

2. SET OF ORDERS
If the pending order sellstop is triggered by price, then EA need to put another buy order
at level +25 pips from the triggered sellstop order.

That 4 orders is maximum number of orders at once!

TP and SL take calculations from all orders( total TP and SL)
and then if TP or SL are hit, all orders are closed!

I wish to discuss this method, and maybe make it more profitable!!!

Thanks to smjones for coding this EA.

Time frame: I recommend M5

Template is attached bellow. namely template consists of this:
P-SAR, and Stochastics.

period of P-sar should be as usual but tha’s not true with stochastic.

Stochastic should be 80, 48, 48 with slow pairs, and 30, 18, 18 for faster pairs. For instance we trade two pairs, EU GJ, for EU chart we utilize 80, 48, 48 and for GJ chart we utilize the second period stochastics (30, 18, 18).

Entry method: stochs should be crossing line of 50, wether from below or from above to deeps, doesn’t matter. You should trade accordingly to stochs. If the stochs cross 50 from below you should look for buying opportunity, vice versa for sell.

After stochs, are signaling us about an opportunity, we should wait for P-SAR to appear in accordinance with previously received signal. that’s all I think. Have a good trading with the method

A bit about me, I graduated in Finance & Law from Bournemouth University and have been trading for around two years. My background is retail, project management and financial consultations.

I trade FX and commodities, although I follow the majors, I specialise in GBPUSD, EURUSD and Gold. I started out by following 15+ charts, but found that I missed many entry signals and was chasing trades. By concentrating on just a few pairs and using crude as an important indicator itself, my results have significantly improved. My first target is 1000 points per month, anything else is a bonus! I use the metatrader platform as I have found this to very flexible for new indicators.

My strategy:
I use a combination of Moving Averages, the key being that it’s setup to show all various time frames on the one chart. The CCI, a momentum indicator shows the immediate, medium and longer term trend. I’ll post settings below, or I can email the template to you which you can just load. My email is hemal_pandya@hotmail.co.uk

Indicators:
1 min chart:
MAs- 5,20, 100, 300 & 1200
CCI- 21,105 & 315

5min: 4, 60, 240, 600, 960
CCI- 63, 252 & 4

15 min:
MAs: 800, 320, 200, 80 20 & 7
CCI: 21, 84 & 7

1hr:
MAs- 480, 200, 80, 50, 20 & 5
CCI- 21, 84 & 5

4hr:
MAs- 5, 20, 50, 120 & 1500
CCI- 5, 21, & 126

Daily:
MAs 50, 99, 250, 20
CCI- 21, 106, 4

Weekly-
MAs: 5,20, 50, 80, 200 & 321
CCI:21, 84 & 4

If you have any problems setting it up, feel free to PM, skype or email me at hemal_pandya@hotmail.co.uk

Best Regards,

Hemal

I have build a EA that uses the Snake Force and the Slope Direction indicator.

If both indicators show in the same direction a Order will be place.

I hope to find here some people that can and want to work with me together to find profitable settings.

If some one had good ideas for filter and other rules I can put them in the EA.

It is a trend strategie normaly and in range market we have loose.

In the download there is the EA, a template and the indicators, please put the indicators by testing on the chart, the template is for that, because the indicators send infos with global variables to the EA prgramm.

Regards
Heino

PLEASE DON’T FOLLOW THIS AS I WILL NOT BE COACHING ON THIS AT THIS TIME

I will share and talk about the places my mind and other traders minds go.

This is just a game I’m playing with two mates for the next few weeks and when it works maybe even longer.

At the moment I will be only posting my results.

I have opened this account purely to play this game so please don’t get concerned about the monies or the leverage (which many will consider excessive).

I use to be a fundamental trader but am now a TA trader who takes notice of when the news releases are but no notice of the news, so in other words just the time the news is released.

The system that I will be using here is based purely around TA and is designed to be aggressive with entries and exits as well as MM.

The reason for the game is that my father told me that it can’t be done so I’m going to see if it can be.

I will start trading with mini contracts with the aim to be trading standard contracts within a week and also see how long it takes to get to a million dollars, and when the target is reached it will be given to a friend to help with his business.

So trading 1 mini contract costing approximately $21.19 with a return profit of $1 per pip to start with.

Every 27-8 pips will compound by doubling the contract size, this I believe is around 4.7% per pip so I’m told. The leverage I have been told is around 940:1, but that doesn’t concern me.

The system that I will be using (which maybe modified during this live testing), has been tested in paper and demo and has performed really well, so this is a record for live trading and am posting here to keep myself intentional with the trading.

This system is a scalping system that I have used to position trade with good results.

Will start trading this on Monday the 8th of Sept.

Also will post conversations I have with my mental welbeing coach who will be coaching me through the whole journey.

cheers

I am reading positive and negative discussion on Jacko’s thread. I wonder if Turtles and other Jacko style traders will update this thread with their percentage gains as one giant journal. Obviously, nobody wants to say how much money they are winning or losing, but percentage gains and pip tallys would be great.

Could we please just post results and NOT GET INTO DISCUSSIONS. That is what his thread is for.

Thanks.

Below is how my chart looks like. No indicators, absolutely none. I just stare at price with no programming aid as are obtainable in charts used by other traders. I simply look at price and follow its leadership, cause I believe price is KING. I also believe that price leaves clues behind that can be looked for. I have discovered that support and resistance are clues left behind by price. Since price is horizontal, support and resistance lines ought to be horizontal lines, not diagonal. On hindsight, diagonal lines look nice, but should not be used when trading.

I normally BUY at support and SELL at resistance. Many view this as a dangerous method but I think it is more dangerous to BUY at resistance. It will be better to BUY at the support where price bounced from.

The normal theory of trading is to wait for a resistance line to be broken and then BUY. One will be successful doing this if the trend is to continue, but the truth is that price before breaking that resistance, came from a support and you never know if the trend is to continue. Why not BUY at that support? We are told that price is trapped in a ranging condition more often than in a trending condition. BUYing at support and SELLing at resistance works in both ranging and trending market conditions.

UP or DOWN only.