Krysztau's Posts | Myfxbook

Grouping "split" trades [split by taking partial profit] in Suggestion Box Aug 10, 2011 at 14:10

Hi,I rised this issue before, however I have now two ideas for the solution.The issue is that when I open a trade [say 10 lots] and than close half it appears in a history as two separate trades, however the second one have in comments "from #10298384" what means there was one trade #10298384 and was divided in two after taking partial profit.If this would be possible to show some form of "basic history" where these trades would appear as one and secondly I wonder would it affect other statistics like average win/loss etc.Second - maybe even beter method would be to do it m...

Is there anyone willing to share their Money Management strategy? in Experienced Traders Apr 06, 2011 at 16:35

Well,If you expect to have row of losers I think it would be the best to lower your size down to zero, have a sleep, and go back trading next week maybe..? ;)Honestly, I used to feel fear after row of winners that it can't go this good forever and surely enough I was taking bad trades after that...It's called psychology :)

Is there anyone willing to share their Money Management strategy? in Experienced Traders Feb 15, 2011 at 11:07

how true...But in other hand if 100% a month is at least what you need to make a living, you need some target.. :P

Trading Simulator [better than papertrading] in General Jan 17, 2011 at 17:02

Hi,I have found nice tool for manual backtesting It's EA called Trade Simulator, surely you can make a lot of good use of it!http://www.forexfactory.com/attachment.php?attachmentid=89818&d=Feb%2025,%202008%208:18pmIt simulates movement of a price basing on chart history revealing one move at a time, bar after bar, it looks like trading on live data feed, but you can fast forward or stop the chart! You can train trading during a weekend or at night. You can place and close your trades and see how they change over time, and see how good you are. It let you demotrade over a month of data...

The Simplest Forex Strategy in New Traders Jan 15, 2011 at 11:54

It has some flaws, definitelynot good for scalping, but if you trade for 20 pips profit or more, it will be perfect, and it's much better than scrolling chart with F12 button ;)It's not exactly mine, I found it on FF, but it was code by some FX company, you can see the author field.

The Simplest Forex Strategy in New Traders Jan 02, 2011 at 02:19

Hi,I wonder did anyone tried it with other pairs?I have found nice tool for manual backtesting It's EA called Trade Simulatorhttp://www.forexfactory.com/attachment.php?attachmentid=89818&d=Feb%2025,%202008%208:18pmIt ymulates movement of a price basing on chart history revealing one move at a time bar after bar, you can place and close your virtual orders to see how would you do in real life. It let you demotrade over a month of data within one day.I really like trend indication from this method. I noticed, that it's based on candles lows and highs [to simplify: break of low of pre...

Pawel in Trading Systems Nov 10, 2010 at 15:33

brawo Polska! ;)

Economy data charts on one page in Suggestion Box Oct 12, 2010 at 01:07

I can't find it anywhere on the net. There are nice charts at forexfactory, but I'd like to chave them resene one above another, so I can compare change in CPI in different countries in one column, and bank rate in next column etc...I am talking about graph form, one graph aobve another.I think this wold be some job to do it, but this would be a perfect tool for fundamentalists.

Community is getting a hiding!! in General Sep 28, 2010 at 10:52

For me average short lower than average high means - always wait for pullback...

Create software that draws history trades from csv on my MT4 chart in Suggestion Box Sep 21, 2010 at 09:35

First to find out what is somebody's timezone I pick few recent trades and rying to fit them to my chart [so open and closing time fit to order level.]Than in excell I just use another column, where I first format it to make sure it will display time, and than I write =X2+01:00, or X2+60 [where X2 is parallel cell with time value].I think if you make a software, the easiest way is to create option to draw 10 recent trades just to see if they fit chart, and then make TZ adjustment, draw first 10 again, to see are they fit, and if all is fine, than one can go with full history.Actually this ...

Community is getting a hiding!! in General Sep 18, 2010 at 16:36

Community outlook makes me laugh!on every single pair both average long and short are deeeeeep on red! But 53% of accounts are profitable! 😕I red many times that two taders can enter same position, but one will profit on it and other one will loose. Here i see that one trader can buy and second sell given pair and both can be deep in loss HAHAHA!!! 😇When I earn some chash on FX i'll become a broker... 😇

Strategy analysis according to Comments in Suggestion Box Sep 18, 2010 at 16:19

If this is possible at all...

Create software that draws history trades from csv on my MT4 chart in Suggestion Box Sep 18, 2010 at 16:18

So I can download somebody's history and see al trades on my chart. Such a soft should have adjustable timezone to work correctly. It can use builted in trendlines from MT4 [with unticked "ray" box]. It can draw red lines for short and green for long trades.Currently I do it by importing numbers to excell spreadsheet and than I use self-coded macro, that copy open/close time/value and automatically fill it in apropriate fields in MT4. Its a really time consuming thing.I don't know any better way to do it...

Add a column for draw down on each trade in Suggestion Box Sep 18, 2010 at 16:12

I think this is a great suggestion, but demanding huge calculation space...

length of position holding vs. pips profit in Suggestion Box Sep 18, 2010 at 16:11

Stephanus are you sure your proposals fit this topic?I am sure your ideas are great for some data analisys, but I personally don't ind them fitting into two dimension chart, where one dimension is a time and other is a profit.It's obvious that not a single trader will obtain correlation close to 1.In my opinion the main use of such statistic is separation scalpers from swings, long terms and "scamer-scalpers".

economic calendar does not have useful data in Suggestion Box Sep 15, 2010 at 16:49

actual figure!

MM - whatever works? in Experienced Traders Sep 15, 2010 at 08:33

Actually the problem with your approach Steve is that when I will start trading live my demo will already exceed initial amount... ;)Anyway recently based on my psychology studies I realised for myself I should trade small enough sizes to make all thing boring...

Is there anyone willing to share their Money Management strategy? in Experienced Traders Sep 15, 2010 at 08:24

/i must disagree but only partially. My general strategy is to trade around key levels but with market orders, so when prices touches key S/R or weekly pivot I'm waiting for some 1M formation to let me in [formation created by 25-60 1M bars, so I'm far from scalping]. Than my stops are around 30 - 50 pips, and moved to BE as soon as first target is reached [if you'd bother to watch my history you can easily see my SLs are barely hit.Refering to R:R concept, I never listen to traders that set their target based on stops so they achieve 1:2 or any other fixed R:R, same with those tha...

sportcity in Trading Systems Sep 10, 2010 at 18:52

Let's face it.There is plenty demo accounts around that rocks after a month and then turn out to be over-leveraged scams.1 month competition is too short to prove system right, but in other hand longer competition would be just boring...

length of position holding vs. pips profit in Suggestion Box Sep 09, 2010 at 12:31

I think this powerful tool is called excel spreadsheet ;)Combined with copy and paste buttons can make miracles.

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AUDUSD	0.64984	USDCHF	0.9137
EURJPY	166.09	EURCHF	0.97742
EURGBP	0.85877	GBPJPY	193.385
EURUSD	1.0695	GBPUSD	1.24515
USDJPY	155.307	USDCAD	1.37016

EURUSD	1.0695	GBPUSD	1.24515
USDJPY	155.307	USDCAD	1.37016

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