You are missing trading opportunities:
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
Registration
Log in
You agree to website policy and terms of use
If you do not have an account, please register
Pivotp~2 cannot draw line on chart
I just wondering, why Pivotp~2 cannot draw a line on my chart.
I look into the source code, suppose it draw all the S, R and Pivot line on the chart.
I am using Isakas 2 but call pivotp~2 that I take from Isakas rebirth.
Currently I manually draw the line
Please help me to resolve this.
Thanks
My trading strategy before I used ISAKAS II is 90% accurate.
Where go another 10%? loss lo..
I never use stop loss, if the price break up, I buy but suddenly the price move down, I sell but not close the buy position.
When price turn up back, I close sell position and buy again. Until it cannot go up (see RSI) I close both buy position.
At the end I still in profit. but sometimes still loss but I manage to minimize my losses.
Example
Price move up and I buy. after 5 pips price go down and I sell but buy position still open.
let say price down for 30 PIPS.
Buy position, -35 PIPS
Sell position, +30 PIPS
Then price reverse up, I close position sell and buy again.
Price move up 20 PIPS.
First Buy = -15 PIPS
second buy = +20 PIPS.
Close both position.
overall performance
Sell: +30 PIPS
1st buy: -15 Pips
2nd buy: +20 pips
total 30 + 20 - 15 = +35 Pips
Am I in profit?
But above step seldom I used becuase my target only 10-15 pips but if the market happen like above situation, definetly I need to use above method. above method is an emergency method, you need to monitor it in every single seconds.
After used Isakas II 95% accurate.
Where go another 5%. Loss lo
Sometimes very hard to control your emotion. You break your own rules.
Now onwords, I try to play with stop loss. back to school (demo account)Yeah..this "emergency method" is active in this few years from hong kong trader..as they call it "Locking", but remember "Locking is easy, but when Unlocking is technically!" if u cant handle it well..u may loss even more.
and u got the basic in forex..now u familiar with ISAKAS and well u can control urself to follow the rules(not all trader will do)..sure u will profit in this market. Happy Trading!
this time round, I tried to follow basic rules set by zeman for Isakas II (Demo account)
I got 30 PIPS
Entry when all indicator blue,
If entry near pivot line, SL at below 5 pips from S0.5 and TP at below 5 pips from R0.5
If R0.5 is 1.9992, my TP is 1.9986
Yes it worknice result
what pair and tf is it?
My trading strategy before I used ISAKAS II is 90% accurate.
Where go another 10%? loss lo..
I never use stop loss, if the price break up, I buy but suddenly the price move down, I sell but not close the buy position.
When price turn up back, I close sell position and buy again. Until it cannot go up (see RSI) I close both buy position.
At the end I still in profit. but sometimes still loss but I manage to minimize my losses.
Example
Price move up and I buy. after 5 pips price go down and I sell but buy position still open.
let say price down for 30 PIPS.
Buy position, -35 PIPS
Sell position, +30 PIPS
Then price reverse up, I close position sell and buy again.
Price move up 20 PIPS.
First Buy = -15 PIPS
second buy = +20 PIPS.
Close both position.
overall performance
Sell: +30 PIPS
1st buy: -15 Pips
2nd buy: +20 pips
total 30 + 20 - 15 = +35 Pips
Am I in profit?
But above step seldom I used becuase my target only 10-15 pips but if the market happen like above situation, definetly I need to use above method. above method is an emergency method, you need to monitor it in every single seconds.
After used Isakas II 95% accurate.
Where go another 5%. Loss lo
Sometimes very hard to control your emotion. You break your own rules.
Now onwords, I try to play with stop loss. back to school (demo account)Thanks for your explanation. Seems to be a nice strategy. So now, I know you can be a millionaire!
FerruFx
Enjoy it!
I just wondering, why Pivotp~2 cannot draw a line on my chart.
I look into the source code, suppose it draw all the S, R and Pivot line on the chart.
I am using Isakas 2 but call pivotp~2 that I take from Isakas rebirth.
Currently I manually draw the line
Please help me to resolve this.
ThanksPlease enjoy this indicator!!
How to create EA with this simple color indicator
Hello there...
I am a newbie in this field but i need to know if there anything i can try to make the color indicator that i am using to make a buy/sell order.I have been using this this indicator for quite long and make a really good profit!!
The idea is simple...
There are 3 line which I marked as Starlight,Heiken_Ashi and BBands.
Buy when all the three components/lines/indicator in blue and sell when they turn red...
Take a look at the Screen Shot attached.
My question is....can I make my own EA for this indicator for auto trading?
Any help/suggestion will be very much appreciated.
Thanks!!!
I moved your post to this thread because I thin that it is related to one of the variations of this system.
EA is on this thread https://www.mql5.com/en/forum/178657
all Isakas systems created by zeman (many systems for many timeframes) and all systems in zip files are in this post as the attachments.
"Locking", I didn't know that.
I come out that strategy when I do a research on top/bottom strategy when market become range.
I read in FXCM free online webinar. But I cannot use that (top/bot) strategy. Always loss. But from my study that strategy is good.
Try to used top/bot strategy but in diferent way.
Yes, locking it easy, but to unlock.. fuhhhh really really hard.
practice.. practice until you know what you are doing. That's why I seldom used that "locking" method. Can get heart attack...ooo.
I suggest new trader, that still in Demo account move to real account (open mini account) and assume the USD300 already gone with the wind. Then you will feel the heat. learn from there than I sure when you deposit another USD300 - your are in the winning site.
For me, I reserve my money USD1000 just to burn it all in the forex market.
No pain no gain.
After tried on Demo account yesterday. I jump into real account.
Look?? 25 PIPS
When look into the chart, you can find a pattern that you can guest when the signal will appear. Then you can manage your time to catch the signal.
Still need to further analysis.
*Sorry guy, I am IT business analysis (Global). My work is in front of the laptop all the time. That's why I said I am a part time trader.
Actually Isakas II indicator most likely similar to my previous strategy, but the different is I can take more PIPS base on the Support and resistance level. Now I need to rewrite my rules. New documented version.
Version 0.1 - 0.9 (Beta version) Demo account
Version 1. Call margin in 2 weeks (account below USD50) - first day trade loss USD80 in 30 minutes
Version 2. Support and ressistance, fibonacci, chart pattern and RSI (target 10-15 pips, 2 trade perday)
Version 2.1 - Isakas I v2- known as Kuasaforex (target 10-15 pips, 2 trade perday)
Version 3. Isakas II (target maximum base on Support and resistance level, 1 trade perday)
One more tips.
you need to documented all your startegy, losses, profit, corrective action, preventive action. do and do not.
"Locking", I didn't know that.
I come out that strategy when I do a research on top/bottom strategy when market become range.
I read in FXCM free online webinar. But I cannot use that (top/bot) strategy. Always loss. But from my study that strategy is good.
Try to used top/bot strategy but in diferent way.
Yes, locking it easy, but to unlock.. fuhhhh really really hard.
practice.. practice until you know what you are doing. That's why I seldom used that "locking" method. Can get heart attack...ooo.
I suggest new trader, that still in Demo account move to real account (open mini account) and assume the USD300 already gone with the wind. Then you will feel the heat. learn from there than I sure when you deposit another USD300 - your are in the winning site.
For me, I reserve my money USD1000 just to burn it all in the forex market.
No pain no gain.entering the market with the conviction you will lose the money, or thinking that you don't care about that money won't help you - this way you won't feel any difference between demo and real - the only difference between the 2 is that for one of them you CARE ...