Melting Pot
Salve,
this page is dedicated to any suggestions that you may have for the improvement of the Crescendo’s strategy.
Free your mind and let’s work together to make Crescendo even better!
Now that version 1.3 is out this page will contain a list of the new things I’ll be working for version 1.4.
LIST OF NEW FEATURES IN DEVELOPMENT FOR VERSION 1.4
- automatic compounding;
- automatic adjustment of settings based on account currency;
- better text interface, that can be moved around the chart;
- “pyramiding”;
- more currency pairs (?);
- entry filtering based on OB/OS conditions;
- “close the first order after a certain loss” strategy;
- print trend information when opening/closing orders;
… more to come!
all ea’s suck and blow out.
they get out of phase with the game………constantly.
there are no exceptions.
buy them for amusement value only.
hope that the next version coming down the pipe will be better.
good luck on that………
you cannot code hard digital black box rules to an analog game……….
write this statement down….
“there is no grail except the one between your ears.”
the game evolves and moves dynamically and so should anything you use to trade it …..
learn to trade fib expansion and contraction.
find double tops and bottoms and head and shoulders setups
live and breathe divergence ………
learn support and resistance, box breakouts et al.
trade pivot lines
trade zero lag cross overs.
the entire game is all math as the golden ratio has rulled since the beginning of time.
price is king and the only roadmap to where it wants to go.
the trader’s job is to read the road signs and steer in that direction.
or end up in the traders ditch.
trade what you see……..
not some algorithm some coder wrote that is trying to make some sense out of past histroy
this is how the game is played…………
only 2% will win.
make the investment…….
get 24 flat screens and build 2 12 ft. long video walls
and 2 “digital tiger” big dog trading boxes built to drive the 2 sets of flats.
if you don’t have the hardware rigs, you cannot play the game.
you also must make the commitment to trade for a living.
there is no job other than this……
think you can juggle both………?
think again.
fund your live account with 3 times what you think you will hand into the game and trade 1.5% risk on each and every trade.
trade in a vacuum where price is the only thing that matters…..
turn off the talking heads and the suits
read newspapers for a “comedy of errors” only.
guys writing the columns in the financial rags will never make the bucks you can in trading……ever.
hone your style for deadly entries.
trade what you see, not what you think you know……
“if it feels wrong, it is right…..”
bleed each trade to the maximum gain.
spread the game across 12 monitors and trade the 6 major pairs only
do this 5 days a week for a few intense hours per day for over 30 years.
and take lots of time away from the gsme to do the more important stuff in life.
all markets are the same……
they go up, down and sideways.
always have , always will.
your trading mission in life is to go with the flow.
learn to eat retail EA traders for lunch……….yum yum.
they are all lambs to the slaughter……
spend many years at this game and you will eventually get it right.
you now get to kill fresh meat daily .
keep trading your same old setup…..
what ever works for you…….each and every time.
……….until you are numb and it is boring as hell.
now you are a trader….
do anything less and you are just fooling yourself.
cheers,
d
Hi David, you are right as the ten commandments! but you forgot the most important thing:
find a mentor which you can trust in.
David,
Go preach somewhere else….we’re here for Crescendo, not for some philosophical crap that won’t help us make a nickel.
Red bull,
mentoring is not always required……….
market trading is a road to self discovery.
you come out of a dark tunnel knowing yourself better than any other vocation in life.
and there is no stuctured mba in trading per se……
you get one by putting your head down and doing trial and error for a few years until you are in tune with the game.
find a method that is in tune with yourself. it will take a few years to explore the different forks in the road.
once you find it, lock and load……
you have arrived.
d
Ciao David, I do never feel arrived, I think there’s always room to enhance, this is my personality, I do not know if is good or not, but this is not a problem as this is the way I am. LOL!
I would like to compare with you as you seem arrived much more before then me.
If you’d like to these are my e-male and skype address:
sartori_alessandro@virgilio.it
ale-633
Hope to read you soon! BYE!
Andrea
I am trying to understand 1.3 with the trend score.
I put hma color on my chart 5 times representing the trend magnitude that I want.
240,75,50,35,20 on hour chart.
I took these and times by 60 to set on Crescendo as follows:
14400,4500,3000,2100,1200.
With 3 red hma color and 1 green hma color my magnitude is -3.
On my Crescendo interface it is showing 1.
What am I doing wrong? What don’t I under stand I read and reread the manual.
I love Crescendo as a tool. It has what I want if I could just get the magnitude to work right.
Please respond I just want to learn to be a better trader.
Thanks
Pip On
Todd
Hola Andrea,
Basic question: If the drawdown becomes too great (personal measure), would Crescendo work properly with the remaining positions if, for example, you closed the open trade with the greatest loss. In other words, say you have 5 open buy GBP/JPY trades open, and you closed one, would the software properly handle the remaining 4 and have a lower break even point?
Just curious, thinking about risk mitigation, with the large volitity we’ve had laterly.
Warm Regards, Jim
Ciao Jim,
yes the EA can handle that.
If you have N trades and you want to close one or more of them, the EA can work with the remaining orders and close when they are in profit.
If you don’t want the EA to open additional orders, set the frequency to 6, so that it handles the open ones without opening new ones.