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Attachments: Biting the Big Apple - XAUUSD M1 trading London close / NY open
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Biting the Big Apple - XAUUSD M1 trading London close / NY open

  • #221
  • Dec 12, 2023 11:54am Dec 12, 2023 11:54am
and the last one for today
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  • #222
  • Dec 12, 2023 12:20pm Dec 12, 2023 12:20pm
Quoting mUrfo
{quote} you can see them on the chart. SL is a small red line above my entry. TP was where the trade closed. RR was about 1.7:1.
I mean what's the logic of your TP?
Just an opinion. Based on research
  • #223
  • Dec 12, 2023 12:46pm Dec 12, 2023 12:46pm
Very pleased with the system so far, very easy to apply the rules and easy to learn.
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Just trying to put a kiss on the cheek of success
  • #224
  • Dec 12, 2023 1:19pm Dec 12, 2023 1:19pm
Quoting since80808
{quote} I mean what's the logic of your TP?
Well it was the low of the day. Usually a good target to take profit.
  • #225
  • Dec 12, 2023 1:30pm Dec 12, 2023 1:30pm
Quoting pet3250
Very pleased with the system so far, very easy to apply the rules and easy to learn. {image}
Wich version is this? 1.1?
Thank you
Just an opinion. Based on research
  • #226
  • Dec 12, 2023 2:15pm Dec 12, 2023 2:15pm
Thank you kirk for introducing your strategy. I tested it today on GJ and it gave 3 beautiful trades.
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  • #227
  • Dec 12, 2023 2:15pm Dec 12, 2023 2:15pm
I’ve just reread the first post here and have a question about this:

“
IMPORTANT: If an opposite coloured arrow appears at the close of the next candle after you have just entered a trade, TRUST THE ARROW - close your open trade, take the loss and move on.
“

Do you only stay in a trade as long as the arrows are supporting the direction of the trade? Do you close when you see an opposite signal?
  • #228
  • Dec 12, 2023 2:48pm Dec 12, 2023 2:48pm
Quoting since80808
{quote} Wich version is this? 1.1? Thank you
actually its the all pairs version, by mistake!
Just trying to put a kiss on the cheek of success
  • #229
  • Edited 3:35pm Dec 12, 2023 3:08pm | Edited 3:35pm
Quoting mUrfo
I’ve just reread the first post here and have a question about this: “ IMPORTANT: If an opposite coloured arrow appears at the close of the next candle after you have just entered a trade, TRUST THE ARROW - close your open trade, take the loss and move on. “ Do you only stay in a trade as long as the arrows are supporting the direction of the trade? Do you close when you see an opposite signal?
The original idea was to trade strictly with each arrow as it changes direction, however the thread has evolved a bit since Post 1 and I am now more supporting people using their discretion.

Exits are an individual's own decision. If the arrows suddenly stop, to me that does not necessarily mean you should exit, as there is possibly a lot more movement in that direction.

If the arrows suddenly change direction, it is a good dea to get out as the arrows are a good indication of current directional bias, and we don't ever know how long this new change in direction will last.

For me I like to get in and get out and bank profits as this sees an account grow more over time than risking reversals and having the market take you out. So my personal exits are always 1% profit.

Now there are the blue and red Stochastic exits, which don't always appear but when they do it is another possible exit signal.

Teapeak uses the support and resistance indicator for exits which seems to work well also.

It's best to use your own discretion and decide on the best exit strategy to suit your trading style.
Trade to Live - Don't Live to Trade
  • #230
  • Dec 12, 2023 4:08pm Dec 12, 2023 4:08pm
Quoting Isabella_D
{quote} Hello Erebus, your contributions are often helpful and I acknowledge them from time to time with thanks. For years. In my opinion, however, it would be more helpful to take part in the challenge yourself or to read the thread completely. The traders here are not all greenhorns, but are making an effort to adapt Kirk's system. Other experiences/instruments have been tolerated by Kirk so far, but the main thing is to take a new path. By the way, the USD XAU correlation is already included in the system. Maybe not in the weighting, I have no...
Thanks for the kind words and support.

Let me see if I have this correct?

You want me to open a prop account costing +1,000 EUR and,

Use a constantly changing and evolving method to prove that it works?

The OP has already posted multiple changes for the indicators due to bugs aka errors.

And he admits now, the method is largely discretionary.

Last of all, the main US trading session is my bedtime, so I'm in the wrong time zone to have full advantage.

No thanks, I'll just follow along for now, see if anyone is still posting here and driving Lambos in 6 months.

Cheers

It takes a lot for me to IGNORE you, but you can try.
  • #231
  • Dec 12, 2023 5:16pm Dec 12, 2023 5:16pm
Quoting Erebus
{quote} Thanks for the kind words and support. Let me see if I have this correct? You want me to open a prop account costing +1,000 EUR and, Use a constantly changing and evolving method to prove that it works? The OP has already posted multiple changes for the indicators due to bugs aka errors. And he admits now, the method is largely discretionary. Last of all, the main US trading session is my bedtime, so I'm in the wrong time zone to have full advantage. No thanks, I'll just follow along for now, see if anyone is still posting here and driving...
Calm down mate. If you have followed along you would have read many times that i am inviting people participate in a demo challenge, there's nowhere in this thread suggesting people try trading live with this.

And again, if you have followed along you will have read how I am very transparent with opening the thread and inviting people to trade this with their own discretion. Threads change, they evolve, indicators have bugs and they get fixed, none of this is anything new.

I know you have a lot of trading experience, have made a ton of contributions here and are well liked on FF, but mate your arrogance in this instance is unwelcome in this thread. There's just no need for this kind of negativity, it's nothing if not childish and counter-productive.
Trade to Live - Don't Live to Trade
  • #232
  • Edited 7:00pm Dec 12, 2023 5:58pm | Edited 7:00pm

Happy Halloween
  • #233
  • Dec 12, 2023 7:14pm Dec 12, 2023 7:14pm
Quoting kirkleaforex
The next indicator I have incorporated is the Waddah Attar Explosion. I use this as a trade entry filter. The arrows will only print to the screen when the blue / red histogram bars are beyond the 'Explosion' zone, as indicated by the yellow line. (Please note the version of this indicator that I used has an 'ON/OFF' button and for some reason this is not working correctly - button objects will appear on the screen but these do not work and cannot be removed. Such a pain...
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the button in the BT worked for me, removed it anyway...... included also is ahmad's original 2007 version.....

envids indicator, MQLTA Currency Strength , post 220, the mq4 likely won't compile unless you have the icon in your terminals file folder..... it's just his icon..... line 12.....

#property icon "\\Files\\EF-Icon-64x64px.ico"

once the indicator is compiled there is no need for the icon as it will be imbedded in the ex file...... looks like kirk included the already compiled ex...........

......h

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Attached File(s)
File Type: ex4 Waddah_Attar_Explosion.ex4   17 KB | 315 downloads
File Type: mq4 Waddah_Attar_Explosion.mq4   16 KB | 326 downloads
File Type: ex4 Waddah_Attar_Explosion BT.ex4   26 KB | 344 downloads
File Type: mq4 Waddah_Attar_Explosion BT.mq4   26 KB | 338 downloads
to trade and code, keep both simple... no call to impress....h
  • #234
  • Dec 12, 2023 7:18pm Dec 12, 2023 7:18pm
Quoting Erebus
{quote} Thanks for the kind words and support. Let me see if I have this correct? You want me to open a prop account costing +1,000 EUR and, Use a constantly changing and evolving method to prove that it works? The OP has already posted multiple changes for the indicators due to bugs aka errors. And he admits now, the method is largely discretionary. Last of all, the main US trading session is my bedtime, so I'm in the wrong time zone to have full advantage. No thanks, I'll just follow along for now, see if anyone is still posting here and driving...

Chill mate 1k? there are cheaper, and atleast... say thanks for other people work
What happened? Forgot to put your sl somewhere? Comrade, enjoy the process, and be better.
Trade safe
Consistency will bring everything...Be good.
100% Is The Target v.1 All Time Return: -95.4%
  • #235
  • Dec 12, 2023 9:12pm Dec 12, 2023 9:12pm
Quoting kirkleaforex
{quote} Thanks MalvernTrust for this message. It is an important one to have in this thread, as I am all about risk management, transparency and honesty - honesty with yourself mostly. The more we get to practise a skill, the better we get at it...just like building muscle, the more reps and hours we spend flexing, the stronger we become. in your post you have highlighted an honest need and desire to make changes in your approach to trading. I am here to support this in any way I can, and the best way I can do this is 'leading by example', showing...
Thank you Kirk for all your inputs
  • #236
  • Dec 12, 2023 9:50pm Dec 12, 2023 9:50pm
Quoting kirkleaforex
For those who would prefer to NOT have a button for the Waddah Attar Explosion indi appearing on the screen, here is an updated version of the BTBA indicator, V2.1. As always, if you download this latest version of the BTBA indi you will need the latest Waddah Attar Explosion indicator to accompany it in your /Indicators folder. Both are attached here to download. Thanks again to Aussie Phil above for his input here, much obliged mate. I would LOVE someone to help me amend the code for the Currency Strength XAUUSD indi so it can be utilised...
Can someone help. After copied all new Indicators, arrows are not displaying on the chart. Do I need to remove the old versions from the indicator folder !?
  • #237
  • Dec 12, 2023 9:56pm Dec 12, 2023 9:56pm
3 and -3 seem to be areas of interest in the mqlta indicator...... the aqua horizontal lines.....

quick visual check only.....h
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to trade and code, keep both simple... no call to impress....h
  • #238
  • Dec 12, 2023 10:11pm Dec 12, 2023 10:11pm
Quoting MalvernTrust
{quote} Can someone help. After copied all new Indicators, arrows are not displaying on the chart. Do I need to remove the old versions from the indicator folder !?
Not sure what causes this but it happens with me also.

Try changing timeframes and then changing back, it should update the screen and make everything appear. Let me know.
Trade to Live - Don't Live to Trade
  • #239
  • Dec 13, 2023 12:38am Dec 13, 2023 12:38am
back at that interesting 3 level...... both on the minute and 5.....

closed manually.....h
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to trade and code, keep both simple... no call to impress....h
  • #240
  • Dec 13, 2023 3:46am Dec 13, 2023 3:46am
Stupidly left my screen this morning. Price missed my TP by a few pips. Sat through a deep retracement before coming back up and I exited in the same region as my original TP.


Does anyone know what the red and blue arrows are that are showing up on my chart? Seems to be coming form the BTBA indi....
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