Semi-automatic trading
t

Register Forex TV Video Directory FAQ Members List FX Calendar Search Today's Posts Mark Forums Read

 
 
           

Go Back   forexab.com >


Preferred Links
Reply
 
Thread Tools Display Modes
  post #1  
Old 07-05-2009, 12:22 PM
Blazer's Avatar
Blazer Blazer is offline
Forex Scalper-Hedger
 
About
Join Date: Oct 2008
Location: Greece
Posts: 2,389
Thanks: 34
Thanked 208 Times in 109 Posts
Blazer has disabled reputation
Send a message via Skype™ to Blazer
Default Semi-automatic trading

Hello,

In this short video you will see why you must purchase the Ninjatrader live lisence.Once you have enter the trade, ninjatrader will manage your position.
An initial stop loss loss is placed of 20 pips.You can leave it there or move it in the previus major high or low. Once you are in +4 pips, stop loss becomes -4, once you are in +5 pips you are in breakeven.In +12 pips you are in breakeven +2.Your trade is a free ride now riking nothing .

Then in +13 your stop loss is price action -2. The trade will go on untill the price action will make a lower high and your trade will be closed.

A lot of discipline problems are solved in this way.

This is a a paradigm of a ninjatrader strategy.You can make any combination you like.

Live Help
Reply With Quote
  post #2  
Old 07-05-2009, 05:05 PM
Thunder Thunder is offline
Member
 
About
Join Date: Jan 2009
Posts: 53
Thanks: 5
Thanked 4 Times in 4 Posts
Thunder is on a distinguished road
Default

Is there no EA for MT which has such an option too?
Live Help
Reply With Quote
  post #3  
Old 07-05-2009, 07:23 PM
Blazer's Avatar
Blazer Blazer is offline
Forex Scalper-Hedger
 
About
Join Date: Oct 2008
Location: Greece
Posts: 2,389
Thanks: 34
Thanked 208 Times in 109 Posts
Blazer has disabled reputation
Send a message via Skype™ to Blazer
Default

Hello,

Mt4 has only a trailing stop.That you must enter by hand.

There is a script were you can enter a stop loss and a take profit .Then you can move the tp and sl on the chart by hand.

Not a complete strategy as ninjatrader has.

The difference is like an amateur and a pro industrial tool.

This is why you pay for this software. Such facilities will make back at no time the monthly rent or the one time fee.


Ninjatrader Strategies will solve the MM and Discipline prob.

You just have to peak the entrance point.

Everything else will be done for you.

Cheers

B
Live Help
Reply With Quote
  post #4  
Old 07-06-2009, 07:09 PM
Armonistas Armonistas is offline
Junior Member
 
About
Join Date: Apr 2009
Location: Greece
Posts: 16
Thanks: 2
Thanked 2 Times in 2 Posts
Armonistas is on a distinguished road
Default

Hello,

How many pips is the actual SL if the price goes against you?
Live Help
Reply With Quote
The Following User Says Thank You to Armonistas For This Useful Post:
Blazer (07-06-2009)
  post #5  
Old 07-06-2009, 07:44 PM
Blazer's Avatar
Blazer Blazer is offline
Forex Scalper-Hedger
 
About
Join Date: Oct 2008
Location: Greece
Posts: 2,389
Thanks: 34
Thanked 208 Times in 109 Posts
Blazer has disabled reputation
Send a message via Skype™ to Blazer
Default

Hello,

In this specific strastegy is set to 20 for concinince reason.

After the order is working you can place the initial sl under or on the top of the previus high or low.

If the price go against you there is no use to trash 20 pips.

Eg in todays trade sl could be placed in the end of the yellow trend line above the previous high.


If you go with the trend there is much less than 50% propability to hit the initial sl.

Then with the first +5 pips you are playing with the bank money risking nothing but the spread


Cheers

B
Live Help
Reply With Quote
  post #6  
Old 09-22-2009, 01:50 PM
Blazer's Avatar
Blazer Blazer is offline
Forex Scalper-Hedger
 
About
Join Date: Oct 2008
Location: Greece
Posts: 2,389
Thanks: 34
Thanked 208 Times in 109 Posts
Blazer has disabled reputation
Send a message via Skype™ to Blazer
Default

You can see all the videos with semiautomatic handling in the trading journals ,if you register first.

http://forexforum.gr/trading-journals/
Live Help
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

View My Stats