Subthread: Dolly 2nd Clone Project - Page 11

4xCoder · #**101** (**permalink**) 12-20-2006, 04:03 PM

I'm happy to see that people are using and modding my Clock V1.2 indicator. I especially like the correct DST mod, as I was too lazy to figure it out

One request, if you modify it, please change the name and and add a comment to the source so people know it's a modified version.

waladany · #**102** (**permalink**) 12-20-2006, 04:55 PM

Hi Guys,

This is ma first post, but I used to follow the dolly original thread as well as this one too.... I noticed something that the WSS has a parameter that could be used to adjust the starting time based on your broker GMT. I could not find this feature in Dolly. Do not you think that it is an important parameter specially in the open day version?

ANCOLL · #**103** (**permalink**) 12-20-2006, 04:56 PM

Another nice profit for today,
check out the picture

I wish anyone would like to tell what they got with this sytem

hymns · #**104** (**permalink**) 12-20-2006, 05:29 PM

Quote:

Originally Posted by ANCOLL

Another nice profit for today,
check out the picture

I wish anyone would like to tell what they got with this sytem

yeah rite! check my post #3

usd/chf & yen close early but still got my pips!

luxinterior · #**105** (**permalink**) 12-21-2006, 05:34 AM

Quote:

Originally Posted by hymns

Performance 'My Little Tips' on Thursday Dec 20, 2006

Bearish Correction Hit
Sell Limit GBP/USD Hit TP (SL@R1) - 65 pip
Sell Limit EUR/USD Hit TP (SL@R1) - 45 pip

Bullish Correction Hit
Buy Limit USD/CHF Hit TP (SL@S1) - 45 pip
Buy Limit USD/JPY (Not Hit Bullish Correction) - 0 pip

Dolly Buy/Sell Stop
Sell Stop-1 GBP/USD Hit TP - 20 pip
Sell Stop-1 EUR/USD - 10 pip (manual close)
Buy Stop-1 USD/JPY - 10 pip (manual close)
Buy Stop-1 USD/CHF - 10 pip (manual close)

Manual Enter @ Sell Stop-2 Price - 25 pip

Total: 230 PIP

Hymns

I'm a little confused looking at your performance stats. Are you taking both positions? For example gbp/usd you're showing a profit on both the sell limit and the sell stop. Doesn't one order cancel the other? Maybe I'm missing something as Im still relatively new to forex.

Thanks for your effort so far.

Lux

hymns · #**106** (**permalink**) 12-21-2006, 05:41 AM

Quote:

Originally Posted by luxinterior

Hymns

I'm a little confused looking at your performance stats. Are you taking both positions? For example gbp/usd you're showing a profit on both the sell limit and the sell stop. Doesn't one order cancel the other? Maybe I'm missing something as Im still relatively new to forex.

Thanks for your effort so far.

Lux

1) Check "My Little Tips" for Buy/Sell Limit Order.
2) Dolly Original Strategy. 20 pip entry.

I make order using 1 & 2 strategy.

luxinterior · #**107** (**permalink**) 12-21-2006, 06:23 AM

I've read both threads but I think your stats coupled with the following statement...

Quote:

Why I use BUY/SELL limit instead of BUY/SELL stop?
1) We can get 65 pip instead only 20 pip during trend correction or we will hit order during trend correction and loss it when correction end.
2) Less stop loss @ below 20 pip (after minus/plus spread) instead of 40 pip

makes it appear confusing. Its seems you're not using 'limit' INSTEAD of 'stop' but rather you're using 'limit' AND 'stop'. Well at least that's what i'm understanding from your explanation. Please correct me if I'm wrong. Again it seems like you're going against the buy/sell zones.

Lux

hymns · #**108** (**permalink**) 12-21-2006, 07:04 AM

Quote:

Originally Posted by luxinterior

I've read both threads but I think your stats coupled with the following statement...

makes it appear confusing. Its seems you're not using 'limit' INSTEAD of 'stop' but rather you're using 'limit' AND 'stop'. Well at least that's what i'm understanding from your explanation. Please correct me if I'm wrong. Again it seems like you're going against the buy/sell zones.

Lux

I think you talk about my both order (sell limit & sell stop) rite? firstly i make order (gbpusd) sell limit for check either market doing correction. After sell limit going profit pip, i make 2nd order sell stop to take more 20 pip. i hope this is answer you want

colbru · #**109** (**permalink**) 12-21-2006, 12:28 PM

Hi

I kindly ask for directions how to use the Dolly system.
I have now the indicators and the Template from Post #1.

Could you please point me to the post that actualy explains how to use it? (Entry and Exit rules)

I've looked through the first couple of posts in this and in the original thread
but could not find it.

Any help much appreciated...

Best Regards

hymns · #**110** (**permalink**) 12-21-2006, 04:26 PM

Quote:

Originally Posted by colbru

Hi

I kindly ask for directions how to use the Dolly system.
I have now the indicators and the Template from Post #1.

Could you please point me to the post that actualy explains how to use it? (Entry and Exit rules)

I've looked through the first couple of posts in this and in the original thread
but could not find it.

Any help much appreciated...

Best Regards

If you read from first post in this thread you'll get what you want. Also check my post #3 for another entry/exit rules.

Entry Rules (Buy/Sell)
1) When price @ blue/read area place ur order or see the Buy/Sell Zone Signal.
2) Blue Line Above/Below Red Line (Template Package Post #3)

Exit Rules (Buy/Sell)
Dont Greedy or close @ Buy/Sell Zone TP Price