- Search Crypto Craft
- pah replied Jun 22, 2011
maths need a little work — +2 is the correct setting for your broker. However, 20 + 2 isn't 24
Friday 8pm GMT data will appear on your charts at 10pm at your 'market watch time'. Regards, Paul.Brijons advanced traders multi-currency strategies
- pah replied Jun 22, 2011
that'll be ADR lines I take it? — The ADR lines aren't designed as a trend indicator as such but more a way of determining dynamic S R type levels by using the average daily range. Having said that, they do show the trend to some extent when ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 22, 2011
further explanation — Just to clarify on the alerts, each different 'basket' now has it's own alert when the weekly crosses zero and each alert is restricted to not pop up until 30 mins after it last did so. Regards, Paul.
Brijons advanced traders multi-currency strategies
- pah replied Jun 22, 2011
where does the TP & SL go? — The HH, LL of last month/week are easy enough but where would you place SL & TP for these if any? ( or optionally leave them zero so you can manage them manually when they become open trades). Regards, Paul.
Brijons advanced traders multi-currency strategies
- pah replied Jun 22, 2011
not at present — A script only runs once. To auto delete and place orders at a set time each day will need an EA which you can leave running. This is quite easy but it needs to be aware of only handling its own orders (e.g. not deleting others ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 22, 2011
Another option to add — That's quite easy to add to the delete all pending script (note made). Actually, here's a modified version of the std MT4 script which deletes all pending orders. Regards, Paul.
Brijons advanced traders multi-currency strategies
- pah replied Jun 22, 2011
I'll have a look — Funnily enough
I'm a bit busy with real work over the next day or two but I'll add that as an option. Possibly also not placing a SL at all might be useful. Regards, Paul.Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
good thinking — Good thinking, I'd forgotten to mention the expiry hours feature which is useful to tailor it to suit your anticipated trading times. Regards, Paul.
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
shouldn't be so many — Hi Mal, It should only place about 2 to 5 orders depending on where price is when you run it. I wonder if it is not correct with IBFX, I've only used it on 5 digit (3 for JPY) brokers. Even so, the code can't generate ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
ADR on different brokers — I think with bosuns lines, which really only takes in account last weeks close, will be less susceptible to broker data than the ADR. bosuns lines are just a fixed percentages of last weeks close. The ADR lines are ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
not quite — Brian, The EA currently always adds both buy and sell limit orders but depending on where price is now, it may vary as to what you get. PP = central pivot point ask < R2 puts sell limit at R3 with TP at R2 ask < R1 puts sell limit ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
adr is dynamic, bosuns fixed to last week — The bosuns lines are fixed percentages of last weeks values (H,L,C,etc) but my ADR idea is based on average daily ranges and so will change with time and also with brokers data. e.g. add bosuns lines ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
change brokers, he he! — So fxpro is 4 or 2 digits are they? I must admit, mine are all 5 or 3 digits but I will see if I can change it. I suspect the ones you think are OK might be wrong too - are they equivalent to the thinkforex on none JPY ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
one or the other, not both — It does ONLY the ADR ones by default or, if you change the option to false, it ONLY does the bosuns line calcs. Regards, Paul.
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
not sure on that one — Is that using the ADR or bosuns lines option? I've not noticed this on any pairs but the JPY pairs are usually a lot smaller daily range than others although it shouldn't be as low as a few pips. I usually drop them on 4 ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
Sod's law I forgot to attach them — I was saving time uploading them :-) Regards, Paul
Brijons advanced traders multi-currency strategies
- pah replied Jun 21, 2011
limit order scripts — Here are a couple of scripts I'm using. One adds weekly limit orders based on my ADR lines (or optionally, bosuns lines). Depending on where price is now it will add sell limit orders at R1, R2, R3 or buy limits at S1, ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 20, 2011
Thanks for that — Thanks Minnelli although I think I've got it sorted now. I had a quick look at the code. If you use the EA, the local time is simply displaying your local time and does not appear to be taking into account the GMT offset so ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 19, 2011
open close prices to use — Brian, Do I understand this correctly then? For Friday Open price it should use the most recent Friday 20:00 GMT hourly candle Open price. For today's Open price (yesterday's Close in effect) it should use the most ...
Brijons advanced traders multi-currency strategies
- pah replied Jun 18, 2011
Closing trades — Is anyone using any sort of trade management to close profitable trades? I've been wondering if there is any value in partially closing trades as the profit pips increase... e.g. 10 pips up, close 50%, move SL to BE 20 pips ...
Brijons advanced traders multi-currency strategies