Unclenna's Posts
Nairaland Forum › Unclenna's Profile › Unclenna's Posts
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aguiyi: i use the ssa bro, i can send it to you too. if the indicator changes from red to blue i go long only if the ssa is above zero and vice visathat is what i want wizecoder to code........please wizecoder if you have coded the BBStop please look at the things I wrote and use it to modify it.it works well.........thanks. |
wizecoder: Hey House,Done........I also do not waste time on color changing indicator....if you code this well I will just retire from manual trading partially..... |
@wizecoder, i have back tested the system and it has a potential of making an average of 400pips in a month......... it can be used in all timeframes but the back test was done on 15mins time frame........... |
Unclenna EA This EA will be coded using the custom indicator DDFX BBStop v3. DDFX BBStop v3 works with the principle of support and resistance as shown in the chart below. How DDFX BBStop v3 works: The DDFX BBStop v3 gives you a BUY signal Alert if the current candle breaks the Band from below and close above the band The SELL signal comes if the current candle breaks the Band from top and close below it HOW WILL THE EA WORK The EA will open a buy/Sell signal immediately at the opening of a new candle after the DDFX BBStop v3 gives an alert and close the trade if it receives a counter alert from the DDFX BBStop v3. EA MONEY MANAGEMENT EA STOPLOSS The Stoploss we be based on what the trader selects. But the EA will be coded to set 50pips stoploss as default. EA TAKE PROFIT the take profit will be counter alert Features: • Set time frame to trade The EA will create room for the trader to choose the time frame he wants to trade the EA from. But the default will be 15 minutes. • Select Pair to trade The EA will create room for the trader to choose the pair to trade because the EA works in all pairs. • Set accepted number of pips to lose per day[b] The EA will have an option where the trader can choose the number of pips he wants the EA to lose in a day[/b] • Set total number of trades the EA can lose in a day. (Note that the total number of trades the EA will lose will be less than or equal to the number of pips set by the trader to lose in a day.) The EA will have an option where the trader can choose the number of trades he wants the EA to lose in a day. And once the EA completes the number of trades it will stop trading for that day. • Set the period the EA will trade (i.e. 6am to 6pm) The EA will have an option where the trader can choose the period he wants the EA to trade. For instance, if I want the EA to trade from 6am to 6pm I will set it at the time option. 6am to 6pm. All time will be GMT +1.If nil is chosen it will trade for 24 hours • Set the number of pips you want the EA to lock in case the market moves against you. If you select nil it will not lock any pips. The EA will have an option where the trader can choose the number of pips he wants the EA to lock for him in case the market moves against him. Once the EA locks your pips if the market retrace to that point it will simply close the trade and wait patiently for another signal. WHEN THE EA WILL NOT TRADE The EA will not trade if any of these occur: 1) When there is no signal The EA can only trade when it receives signal within the time set by the trader. Any other signal outside that time frame will simply be ignored by the EA. Unless the EA trading period is set to NIL.(When set to NIL it can trade anytime and execute any alert). 2) If it has reached the total number of pips set for it to lose The EA will immediately go into rest for the day if it loses the number of pips set by the trader. For instance, if you set 30pips as the total number of pips you wants the EA to lose, once the EA loses it ,it will stop trading whether it has exceeded the number of trades it suppose to lose in a day or not 3) If it has lost the number of times set by the trader for the EA to lose per day If I select 3x as the number of times I want the EA to lose in a day (Note that a day here means the time period I set for the EA to trade. If it is 6am to 6pm the EA will see it as a day, if it is 12am to 12am the EA will see it as a day) 4) If the time period set by the trader for the EA to be active has passed. For instance, if I select 6am to 6pm as the time the EA will be active, the EA will start trading once it is 6am and will stop trading once it is 6pm. It will resume trading again once it is 6am the next day.. If it is set to nil the EA WILL THEN TRADE 24 HOURS. All orders are closed on Friday by the EA DDFX BBStop v3 settings: Length: 14 Deviation: 2 (Deviation can be adjusted) Signal: 2 Money Risk: 1 Lines: 1 Nbars: 5500 SoundOn: True PLS. NOTE: The candle below or above the arrow is the candle that breaks the band......so what the EA will do is to open a trade in the direction of the arrow immediately the the candle that breaks the band closes. i will send the graph later
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Toks2008: You can make 20pips with care as euro retests supp 12434 but conservative traders should rather wait to buy since the main trend is bullish on the 4hr chart which means we may be seeing an unexpected bullish surge from time to time so if you must sell please sell with care. Its safer to wait and buy.I have visited the above link but I will not comment for now............what I saw may not be good to me but to others it will be more than good..........within one month 15% return on account of 10k is ok for some people but you said it makes 20pips everyday.........if it makes 20pips as you claim it should have at least 20days(5days x 4) x 20pips = 400pips............and 400 x 1.0 lot should be = $4000......... ..but since is in profit is ok.....but can it maintain the profit. Time will tell.......this is constructive criticism not hate hope you understand.... ![]() |
WOW i did not know that something like this exit...........let me get my words together I will load the EA sharp sharp.......Thanks wizecoder..... |
buying EU all the way............. ![]() |
wizecoder: Hey House,ok |
wizecoder: Hey piperPls, I sent you a mail. Thanks. |
Toks2008: euro is still bullish and i see it moving even higher to test res 12583 so wait to buy if euro makes a rebounce at a strong supp.good talk up there but we prefer to wait for my system before I BUY |
Toks2008: Well well well, honestly i don't know what to say because i don't even know why you are picking on me.I think I have hit you were is paining you. .............You don't warn me man .....CHEck this thread well I have never spoken to anyone like this before but am moved to tell you the truth.............No more words i think I have pulled the tuth from your mouth as the above word...........If you want to come as a commercial member nothing do you but don't first front yourself as an angel by using the condemning strategy.............. ![]() |
this is what caused the EU move today The Crucial Turning Point In The Eurozone Debt Crisis… (EU) Germany’s Der Spiegel stated that ECB technicians are examining plans to cap Spanish and Italian bond yields, among other options. ECB director general of market operations, Ulrich Bindseil, is leading the plans with experts from Europe’s central banks. ECB executive board member Joerg Asmussen, Ger many’s director at the ECB, signaled full backing for the bond rescue plan of ECB chief Dragh. Germany’s ECB board member Asmussen confirmed that bond purchases may be “unlimited” in scale. (EU) ECB said to have approved 40 new workers to help in attempts to deal with debt crisis. (EU) UK newspaper Daily Telegraph’s Euro-skeptic in chief, Ambrose Evans-Pritchard: Germany’s director at the ECB has thrown his weight behind mass purchases of Spanish and Italian debt to prevent the disintegration of the EMU, marking a crucial turning point in the Eurozone debt crisis (for the better). How to interpret these headlines: High yields in the bond markets are direct results of risk sentiments, and to cap yields, what ECB essentially is proposing is to ban “fear”. This would address underlying issues that are responsible for pushing solvent members to bailout requests, thus cutting bond speculators at their knees. Considering that Germany is backing this proposal instead of the usual opposition, market is extremely positive over this new development by pushing the EURUSD above the 1.2470 level, breaking the upper resistance of 1.2440… With rumors flying high, especially with the new one about ECB may go ahead with bond purchases despite of opposition from Germany, this is indeed a better outcome that no one saw coming, especially considering Asmussen’s support on unlimited bond purchases to cap bond yields… I believe Euro traders have what they need to BUY the Euro, as we may get official announcements in early September, this is indeed a turning point for the Eurozone debt crisis… In conclusion, I’ll reiterate my previous article, I’d buy EURUSD on dips on potential ECB Intervention, economic improvements, and Fed’s QE3. |
wizecoder: Hey piperwhat is wrong with your site |
wizecoder: ....i have been waiting for the admin to give me access to post in the forum and up till now i have not received any.........moreover since today forex lodge has been down so how do I send the EA i want to code across........Pls I need your help. |
every where is quite......what is happening in EU today can close somebody's account...................Is only a system like ours that can spot this market and follow it till now........many who followed it are all out with little take profit........ ........Today's EU move can give one margin call.... Am not saying that I caught the EU move but my happiness is that my system caught it but due to it did not give me room to enter i did not trade EU today.....cheers all..till tomorrow |
somadila: Games for today 21/08/12my pple are not slacking at all..hoping to join u soon. |
aguiyi: this trade was fantabulous the market is more of technical now than fundamental.....even when the news came out worst than forcast still Mr. Market continued to move up..... |
frenchman2: over two hours can't access nairaland. what went wrong?Senu will answer that |
welcome back all |
Lucy001: Re: system request by members of this thread, one thing is to make a request for a treading system, and on the other hand is to know how to make use of it , be it mbfx, ddfx, Lst, pivot, if you are been sent any of the systems, and you dont know how to make use of it, there is the possiblity that you will still lose in the market, in otherwords, constant practicing is recommended b4 venturing into usuage of any system via a demo account, just an advise..good talk |
Toks2008: My friend, look before you leap.femi wants the strategy .....i believe so that he can test it in his demo if it fits his style he will add it to his arsenal.......You don't share so don't discourage those who want to share theirs. Thanks....what is the reason for going through all those stress if he can test the system in his demo and if it is not good he will just dump it. Simple....... |
unclenna: divergence sighted on EU 15mins get ready for the break out to catch the pips.....today looks like the day the pay master will pay us........may the pips be with you all..........
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divergence sighted on EU 15mins get ready for the break out to catch the pips.....today looks like the day the pay master will pay us........may the pips be with you all.......... |
Kirinwa: When was your 'system' never catching all the big moves.I know there were some instances when the big moves have really caught you.....hhhhmmm.I'll pass on this one.You of all people used to call news 'noise' but it's been quite a loping time we've heard that from you. Reason being that even in your sober moments you'll still tell yourself the truth![color=#990000]I trade pips not news ....If you have a good system you don't need to disturb yourself about news......[/color] |
Kirinwa: The only time there is retracement during a news release is when forecast and actual release are contrasting.One thing is that when there is no news traders trade according to emotion which leads to losses.Trade only when a news on a pair you trade is being released. You will surely be the one giving testimony.Sorry I don't follow news rather I follow my system and it has been catching pips all alive news or no news...........Just like today when the breakout occured in 15mins I caught it live.....though today's own was not much but my system has been catching all the big and small moves on EU..... ![]() |
BawsTrader95: Made my 1st 100% gain since start forex take me ages for this in pokerCongratz............withdraw 6k and continue your trade......Just an advice. ![]() |
rozayx5: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^thatz what my system is all about..breakout.....thanks for sharing |
Till tomorrow..for now letz call it a day...trade still running |
rozayx5: system sent, no shaking lets go thereLST plus my system is equal to brutality............game players do you remember SEGA mortal combat.......Brutality for rain is XXBCZBCZBBXXAX....... ![]() |
aguiyi: averagewhat do you mean by average ......what is the average pips per month..and how did you get wizecoder to code it for you....did you just post it in his forum.......Pls answer me I have a STAFF(EA) that has not been working I want to put it to great use.....also is for the benefit of all in the house...... ![]() |
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..but since is in profit is ok.....but can it maintain the profit. Time will tell.......this is constructive criticism not hate hope you understand....