Author Topic: Trading formula follow-up  (Read 670 times)

Offline AlexPali

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Re: Trading formula follow-up
« on: May 25, 2009, 07:48:23 am »
( …. Could you please post a screenshot of the USDCHF trade with the relevant indicators attached on chart? The EA did not open a D1-2 short order on my Alpari account. …)

Unfortunately, I can’t supply with the requested screen-shot because I used Pip_Hunter with unchecked “Allow live trading” due to the 6 digit prices (FXCM broker) yet not supported by the current version of Pip_Hunter. Thus, I’ve been using Pip_Hunter just as a guide not robot to trade FXCM demo manually.

(…What do you mean by "combination of two weeks linkage? …)

Perhaps the differences in determining the set-up entry levels between Pip_Hunter and the FX-Journal.xls occurs only when the calculated period of time starts during previous week and includes days of the current week when the set-up matures; versus calculation involving only Mandy trough Friday period of time of a single week?
Previously, (before Nacio developed the FX-Journal spreadsheet), Pip_Huter’s computations were off just 2-4 pips versus Nacio’s manual calculations. However I can’t recall if the previously matching calculations occurred during one or two consecutive weeks.
Is this explanation clear enough?

Here is another indicator setting details that could have influence on calculated values of set-up entry price levels.

FPA Indicators Settings;

IF CHARTING SOFTWARE DISPLAYS THE SUNDAY BAR USE;
Simple MAs_ 48 (Purple),
21 (Red),
11 (Blue),
3 (Based on the Low, Brown),
3 (Based on the High, Brown)
ADX (Average Directional Index)_ 28 (Yellow, Pane1)
ATR_ (Average True Range) 9_ (Red, Pane1)
Stochastic Slow_ 9, 3, 3,
Upper Level Line 85, Lower Level Line 15
(K% Red)
Price Lines_ Entry Level (Green),
PT1 (Blue Solid),
PT2 (Blue Dotted),
Current SL (Red Solid),
Previous SL Levels (Red Dotted),
Major Sup/Res Levels (Yellow)

IF CHARTING SOFTWARE DO NOT DISPLAY THE SUNDAY BAR USE;
Simple MAs_ 40 (Purple),
18 (Red),
9 (Blue),
3 (Based on the Low, Brown),
3 (Based on the High, Brown)
ADX (Average Directional Index)_ 14 (Yellow, Pane1)
ATR_ (Average True Range) 5_ (Red, Pane1)
Stochastic Slow_ 8, 3, 3,
Upper Level Line 85, Lower Level Line 15
(K% Red)
Price Lines_ Entry Level (Green),
PT1 (Blue Solid),
PT2 (Blue Dotted),
Current SL (Red Solid),
Previous SL Levels (Red Dotted),
Major Sup/Res Levels (Yellow)