hey guys,
i just wanna share what i have with you here. i follow Exactly how Kelton trades this system but i use Netdania charts you can google it to find it …it has the overlay features we need, you can detached the chart etc. i have used it for three weeks now and got the same results as kelton…
help, please. i am using oanda charts and vitrite, having a good time. i do have a problem with the kelton helper. if i have only one position open, it closes the trades successfully. however, if i have two positions open, say i took a eur/usd over a gbp/usd, the gap widens, so i add another position, when it comes time to close, i get a message from oanda that the trade cannot be closed because of a fifo (first in, first out) violation. i have tried ranking the trades both ways on the order window, earliest trade at the top of the list, earliest trade at the bottom, no luck. i also tried using the “close at profit” utility, same outcome. is this an idiosyncrasy of oanda, or is someone else having the problem. can the helper be programmed to recognize first orders in and take those out first? any help, many thanks.
@Liou72, do you have any problems with the auto scaling of those charts? I used Netdania charts for a while, but had problems with it dynamically scaling the range of one of the pairs.
Have you found a way to over-come that?
i am fortunate to have a day job where i can monitor the trades and fix my charts after they get out of whack…every 30min or so i rescale and zoom the chart all the way out… works for me… other than that i dont know…if you look at the dania charts today 1min zoom all the way out…i took a trade e/u g/u around 8am est… and closed at around 9:45am est for some nice pips…
Hey I just started to test out this method yesterday on a demo acc and im up 10%! Looks like a very good method.
How long have some of you been trading and how much return have you made?
And I’ve read through a lot of the thread and hear about a visual helper ea or something can someone please post it because I cant find it anywhere!
Yes, it is a problem of Oanda and lots of USA brokers. It’s a rule from regulators. That’s the reason a lot of people is looking for brokers outside of USA.
It was just an idea. I am not married to the idea. I have my own system that I use to trade on a regular basis which is my bread and butter, I just like thinking of new ideas. It may not work. So far so good but until I have done it consistently for at least a month or two then I will not say its the system to use.
You can trade any pair that crosses over, however, if they are correlated you have more chance of them converging sooner rather than later,
But with all these things, the more correlated the less chance to trade, the less correlated more chance to trade More chance to loose!!!