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4xq replied Aug 9, 2008Better not to take last entry on all 3 charts, price didn't come out. would had made litlle profit or small loss. lines here: blue=entry (long), red=exit
Scalping the Rainbow
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4xq replied Aug 9, 2008Vertical lines...green= 8am & 12pm EST red=entries (short), blue=exits, yellow=trend lines See cci trend lines how work? if they go in a pendant is time for reversal...if the price moves in one dir and cci in oposite, signals EARLY a posible trend ...
Scalping the Rainbow
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4xq replied Aug 9, 2008XP Wolfenstein v1.1 — Looks out that the wolf cub grew a lot in a week
I made the rules for my Monday trading and is an upgraded version, so I will call it XP Wolfenstein v1.1 Rules: 1. 1min rainbow with a trend 2. Wait after open and news ...Scalping the Rainbow
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4xq replied Aug 9, 2008Great, when will work 100% on 1min, will work in all TF
Scalping the Rainbow
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4xq replied Aug 9, 2008SS is best if works, I already made a sys with it
Looks that you didn't get the golden egg, that is every Wednesday, when they pay triple interest...actually has nothing to do with the rainbow That is BUY LOW SELL HIGH, and maybe collect the ...Scalping the Rainbow
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4xq replied Aug 9, 2008I won't trade that period with this sys. First rule of engagement...have a trend. I take first sigal after openning, but there is a trend from before, resurected...like we had Fri, the trend started at London open.
Scalping the Rainbow
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4xq replied Aug 9, 2008Golden Egg — 1 4 all
... Wednesday...pair with high interest as base...second curr low interest...in a daily uptrend...elephants and whales go in, and out after close....ie. USD/JPY...146 pip move The zoo is growing
Follow the ...Scalping the Rainbow
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4xq replied Aug 9, 2008Welcome B, and thanks...looks and sounds very good...could u post your indy's and templates? Apreciate
Scalping the Rainbow
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4xq replied Aug 9, 2008When this is finalized and works very good I hope I can code an EA...depends how complicated this gets...We need exact rules first...I'm fairly new to MQL, but I coded some EA's and I always get great help from programmers in this forum. 1 4 all ...
Scalping the Rainbow
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4xq replied Aug 9, 2008Welcome, Pipo and thanks...those are great systems..I'm sure we can use your ideas here Apreciate, Q
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4xq replied Aug 9, 2008Welcome GL to this tread and thx for the ideas. I'm working on some as i put toghether the new rules for Mon. You're right about rr when startind the trend, but after that it may go in bigger swings if the the trend is not so strong and traders take ...
Scalping the Rainbow
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4xq replied Aug 9, 2008Looks that I'm too naive, I trust indicators
Thx bro, you got it. I try to simplify, as I found that simple things work the best, so a 10 year old can use it. There are plenty of entry points, like we had in the beginning of the tread, but to fine ...Scalping the Rainbow
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4xq replied Aug 8, 2008Great signature Mike, I love it "Don't store treasures on earth, but....." XP
Scalping the Rainbow
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4xq replied Aug 8, 2008You're welcome CCI 14...I put s/r on the last good peaks in an up trend and use only the recent couple ones, and for major s/r a good idea is pivots and trend swing lines from the 5 min chart. Gives good safer entries and keeps the sys not to enter ...
Scalping the Rainbow
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4xq replied Aug 8, 2008You're welcome Looks to me as you see in my today's 3 charts that CCI+s/r break gives more entry signals than LG, and keeps the bads at bay...the result would be more trades, so more profitable. Seems that LG gived less signals, so you have to wait ...
Scalping the Rainbow
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4xq replied Aug 8, 2008I take two guesses for that
...my risk/reward ratio is not great, but I'm working on that. SL20 TP10 I mean. I have SL20 there in case a war starts or the Antichrist takes over the world, actually my trade manager EA handles the stops, breaks even ...Scalping the Rainbow
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4xq replied Aug 8, 2008Weekend — Now, this is the end of a good week for this baby sys...the score Trades: 34/3 => 92% wins => 469 pips I think it is pretty good for the first week of a sys in construction, but i won't go live for less than 100% Have a good weekend ...
Scalping the Rainbow
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4xq replied Aug 8, 2008Thanks, the thing is that I enjoy a good challenge, and maybe the result of this will be something different than cyrox, maybe better. I don't like black boxes like Autopilot that you don't know what is going on, I use to program computers and ...
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4xq replied Aug 8, 2008You're right, I should had waited for the price to pass that peak, wich was a s/r level from the 5min too. I fixed that the next day Thx for the input
Scalping the Rainbow