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Help with sl/tp pls?
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Membre depuis Jan 26, 2011 1367 messages
zzzero
May 27 2011 at 06:06
compuforexpamm posted: zzzero, I have had a look at the code and it is solid. I often find on these forums that you will get people sitting on the sidelines throwing stones at people that lift a finger to help others.....yet they do nothing to contribute. I haven't seen a constructive script or EA from you that does the same job any better, so what exactly is your problem with this code?? Finstudio.......nice work! i just vouched for you. good evening, edward/. n/a |
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Membre depuis Nov 18, 2009 735 messages
speki
May 27 2011 at 20:07
I read this in someone's avatar ... <i>the nail that sticks out gets hammered</i>.
<a href='http://en.wikipedia.org/wiki/Nemesis_%28mythology%29 Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform. |
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Membre depuis Jan 26, 2011 1367 messages
zzzero
May 27 2011 at 22:26
mr speki,
i just vouched for you. have a wonderful weekend. edward/. n/a |
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Membre depuis Jan 26, 2011 1367 messages
zzzero
May 28 2011 at 01:55
speki posted: <i>the nail that sticks out gets hammered</i>. and the flipside of that is that the nail that does not have it's head sticking out already got hammered. i have such a passion to complete this project that i just dont care any more. hammer me, whatever. n/a |
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Membre depuis Jan 26, 2011 1367 messages
zzzero
May 28 2011 at 02:28
actually, the code is very nice.
except for one issue.. the stoploss and takeprofit is able to be set at a fixed amount of pips. the original poster mentioned that it is a pain to set stops and profits for multiple pairs. ok, lets take an extreme example... the code was delivered/presented to set a twenty pip takeprofiit and stoploss. ok, fine. twenty pips on the eurusd? ok, sounds kinda cool. but lets say that you open up a gold trade, twenty pips aint nuthin but a hiccup. if i were to have responded to spotfx and suggested to him that i'd like to help him to resolve his little issue... the first thing that i might have done would have been to help him to fully define that which his problem is. a fixed pip value for multiple pairs is not a complete solution. not in my opinion, anyways. think money management. takeprofits and stoplosses should be set so that your trade will gain or lose a fixed percentage of your account and not a fixed amount of pips. but then we get into the issue of how do we select how many lots to trade. if you are trading a 1k account, maybe you want to put on a 0.01 or 0.02 or 0.03 lot trade. but what if you are trading a million dollar account? if you open a 0.01 lot trade on the eurusd and your takeprofit and stoploss get set at a half percent of your balance, those trades are going to run for a while. i felt that the code was lengthy yet it was premature in the sense that it really was not a proper solution. i must admit, tho, that mr finstudio's trading charts do look much better than do mine, atm. good evening. zerowski/. n/a |
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Membre depuis Dec 08, 2010 36 messages
FinStudio (finstudio)
May 28 2011 at 05:52
Thank you for your lengthy PhD dissertation on the concepts of stop-losses and take-profits. It is nice to see that these concepts are thoroughly utilized in your trading system thus producing a brilliantly magnificent trading methodology.
Now, would you like me to vouch for you for writing this crap ? 
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Membre depuis Nov 18, 2009 735 messages
speki
May 28 2011 at 10:47
Oh! Thanksowskies. Good that this site does NOT allow taking vouches back
 zzzero posted: mr speki, i just vouched for you. have a wonderful weekend. edward/. Surround yourself with people whose eyes light up when they see you and who have no agenda for your reform. |
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Membre depuis Apr 13, 2011 16 messages
Spotfx (spotfx)
May 28 2011 at 13:57
(édité à May 28 2011 at 14:01 )
zzzero posted:
the code was delivered/presented to set a twenty pip takeprofiit and stoploss. EXACTLY what I asked for! the first thing that i might have done would have been to help him to fully define that which his problem is. The problem was user defined in the request! a fixed pip value for multiple pairs is not a complete solution. not in my opinion, anyways. I don't recall asking for your (or anyone's) opinion! think money management. takeprofits and stoplosses should be set so that your trade will gain or lose a fixed percentage of your account and not a fixed amount of pips. Again, in YOUR opinion..which no-one asked for. But I can see how your excellent MM prevented multiple account blow ups for you (NOT!) For your info, the idea of 20/20 was to get fast stops and tp's set asap. (safety net). Once set, then each trade may or may not be adjusted up or down according to s/r price action. i felt that the code was lengthy yet it was premature in the sense that it really was not a proper solution. It was the solution requested by me. Bad as your trading is zzzero, pls don't ever go into Sales ...u would be absolutely hopeless at giving the customer WHAT THEY WANT! i must admit, tho, that mr finstudio's trading charts do look much better than do mine, atm. At last we agree on something |
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Membre depuis Jan 26, 2011 1367 messages
zzzero
May 28 2011 at 23:45
finstudio posted: Thank you for your lengthy PhD dissertation on the concepts of stop-losses and take-profits.
any time. edward/. n/a |
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Membre depuis Jan 26, 2011 1367 messages
zzzero
May 28 2011 at 23:57
(édité à May 29 2011 at 00:04 )
spotfx posted:
zzzero posted: the code was delivered/presented to set a twenty pip takeprofiit and stoploss. EXACTLY what I asked for! <font color=red>the client does not always have a full understanding of what the problem is.</font> the first thing that i might have done would have been to help him to fully define that which his problem is. The problem was user defined in the request! <font color=red>the client does not always have a full understanding of what the problem is.</font> a fixed pip value for multiple pairs is not a complete solution. not in my opinion, anyways. I don't recall asking for your (or anyone's) opinion! <font color=red>i suppose that you got my opinion anyways, didnt you?</font> think money management. takeprofits and stoplosses should be set so that your trade will gain or lose a fixed percentage of your account and not a fixed amount of pips. Again, in YOUR opinion..which no-one asked for. But I can see how your excellent MM prevented multiple account blow ups for you (NOT!) For your info, the idea of 20/20 was to get fast stops and tp's set asap. (safety net). Once set, then each trade may or may not be adjusted up or down according to s/r price action. <font color=red>if that is what you want, fine.</font> i felt that the code was lengthy yet it was premature in the sense that it really was not a proper solution. It was the solution requested by me. Bad as your trading is zzzero, pls don't ever go into Sales ...u would be absolutely hopeless at giving the customer WHAT THEY WANT! <font color=red>the client does not always have a full understanding of what the problem is.</font> i must admit, tho, that mr finstudio's trading charts do look much better than do mine, atm. At last we agree on something <font color=red>it will be interesting to see it traded live. it only takes a couple of hundred bucks to go live. what is the holdup?</font> it would actually be a bit more fun if you were to work towards your losing that attitude and then we might work towards working on solutions. one of the saddest things that i have seen in this world is poverty. i might be remembering the story incorrectly, but as i remember it, the photographer that took the picture of the baby, below, won some kind of prize for his photography work. i remember him writing that he did not so much as touch the baby, much less try to feed it, he was afraid that he might catch some disease. the baby died and the photographer later committed suicide. personally, i might have tried breast feeding the little guy or slit my wrist and let him drink my blood. god is love. in the book of matthew, chapter 22, verses 36-40, a man asked jesus what are the most important of god's commandments? jesus told him that the most important thing to do is to love god. loving god is the most important thing. the second most important thing to do is very similar to the first and that is to love other people as you love yourself. this is the meat and potatoes of god's word. edward/.  n/a |
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