**Steinitz** Method Revealed Here - page 102

 

Checking in

I just wanted to say a few words here. I have asked for this new MTF indicator with alerts and so far I have used it less the alerts and find it really does not help much with what I was seeking. Yes it would be nice to have all 8 TF's on the screen.

Here are the issues with that.

1. Takes up too much memory and hogs the CPU

2. Whatever Tf you choose to enter or scalp you don't need to look past any higher TF's then the 4 we started with.

Therefore, I am going to stick with the 4 TF's which is just fine for any of my methods. By the way I am punishing the market and my closed P/L is growing. I had som 4hr counter trend entries that finally came into fruition. I stayed with them because the daily, weekly and monthly were long.

If an EA is to be made from this I can see that the scalping method may be the one that can be defined and written mechanically. The other method is a bit more complex.

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Last comment on this

I am not going to take anymore of my time ever again defending what I am doing on here or why. I will ignore all bashers. If you don't have anything constructive to say you will be ignored totally.

Have a nice day!

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tracej:
Hey Don, in that statement would you say most of those trades have been made via the scalp method you mentioned? Just curious.

All scalp. Not scientific. Just open the computer to see at least 25 PIPS and looking at price in relationship to HAS to judge how far from the MA it is and if I should close.

Pretty fast and simple approach......

Cheers!

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fxcruiser:
steinitz,

The bashers, the wreckers, the negatives, will always be there, no matter what. I have been through these kind of stuff and still go through it from time to time. If you have something good and you truly believe in it, it is worth it to continue. That would be your call.

Because of the diversity of our TSD members (from all over the world), some may not have been able to express their comments, questions, concerns, issues, etc., properly or to everybody's liking. Don't take them wrong. It's all a matter of your intentions and character.

ENJOY!

fxcruiser

P.S. Please reread your post #1.

Amen to that!

I am just going to have to have some fun with the crack pots and loonies. They have met their match. I was not going to do this but I love to joke around.

By the way I won't leave you guys but I do ask that you PM me and I will give you my actual trading method as concise as I can that was meant for an EA.

I need your email address and a quick few words why you would like the instructions. I am sorry it's come to this but I will gather some emails of people I feel are serious.

No I am not charging or spamming.

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summitfx:
Click on the tab at the bottom of the platform where you have named your layout and you will be offered an opportunity to save it. I believe you call your layout "1". Keep your head up Steinitz, you're a hoot and learning FX like all of us here ps: there you go again man- I'm not "your" member -just surfin around. keep your member to yourself

I thought I saved my templete before. This time I did the same thing and it saved. Thanks anyway.

I gotta run and see if I can handle these tournament players. There aggressive. When I get back I'll start getting into these PM's.

Later

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test

Testing 1-2-3

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Files:
1_1.gif  27 kb
2_1.gif  10 kb
 

This just shows the need for important messages, announcements, alerts and EA's to be given to members via email. The forum has served as a place to meet others and discuss startegies.

The future of this method will be developed as it is right now and given to the members. What's great is in between we get some free entertainment reading the posts of the "gutter snipes." I actually love it.

It makes me laugh and god knows we need it.

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Remember the alert I gave you was developed by CJA and alerts on the last forming bar. I is a perfect match for phase II of the fine tuning method when entering on the 1 TF lower drilldown.

We need the same alert for phase I when looking for the initial TF to enter on.

Remember to go to MT4 and use options to enable alerts. Then set true to pop-up and sound in the alert indicator. This way you will get two overlapping sounds that might wake your ass up easier in the middle of the night!

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cja:
Hi

I have just posted the latest Signal Bars v6 on the site and will post it here for you as well, to show the full range look under inputs and change Show_intradayRange = False; this will give M1 -Monthly, you can now alter every color in the indicator plus the hi/low/Spread etc

cja

signal_bars_v6.ex4

CJA.....

Can you code the last bid price to change colors for red = new down price and lime green = new up price?

Thanks

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Membership announcement

Just want to thank everybody who has PM'd me to ask to become a member. The reason is twofold. I get to hear how you are coming about with the methods. Most of you don't even post on here and simply read all you can to learn about systems.

I would have never met you otherwise. Also, I plan on growing and implementing new ideas. As you already have heard we are working on an EA with results preliminarily that look promising. We need to test this backwards and forwards under different historical data and currency pairs.

So let's just concentrate for now on the mechanical approach and make sure all members understand that we are concentrating on "THE SCALPING" method either top down or bottom up approach. It is really the same thing and entries are identical.

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If you have not sent me a PM on why you want to become a member (to receive announcements, alerts and EA's) please do so now as membership is now over 111 and growing daily. Please don't forget to include your email address!

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I am in some trades right now that are drawing down 3 figures. But remember I have never once used the actual technique to scale down that 1 TF waiting for the alert to enter. That will absolutely cut the drawdown in half or better.

I am looking at pivots and they hit the S2 and S3 and are coming back quickly. I will post my results of the 10 trades once I close them out.

If anybody has not received an alert and want to become a member PM me. I will also later be releasing other programs that have been developed that can enhance your trading esperience. Please don't ask about it yet as it is not crucial to have.

I am waiting for other programs (EA) as my first priority......

Cheers!

Edit: For immediate use of the latest EA please visit me at this link:

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Reason: