what is reverse sl or tp ?

pls explaned...i dun really understand

Original text

TP 1.xxxx and SL 1.xxxx

Reverse
SL 1.xxx and TP 1.xxx


I wonder if that would be possible to make a little modification as to order description with SL first and TP the second.

Now it is quite opposite. It seems to be confusing to me while entering an order - in the window it is coming in reverse order. What do you think guys?

owhhh now i get it..

both is good as long its dolly...

Here is the code for the Trading Times, it is just an old indicator i used some of the code out of, i had just followed the Dolly number sequence at the time - quite a stupid thing to do really so i have now changed the Label code from Dolly to TT that should solve any future conflicts with dolly add ons.

Dolly_Trading Times #3.mq4

Thanks very much!

daily means chart renews at the opening of the day?
can i set buy or sell pending orders by looking at the chart???

I think my New Dolly #10 have wrong/difference code calculation with Open Graphics. Just labelling only

Good work! hope you dont confuse anymore.

thanks for the code.

yes you can. better analyze the graph first before you open buy/sell pending order.

HI everyone, nice system you have here, cool.

Would someone please check signals for new GMACD2 - looks like they are wrong. Compare them with 'Digistoch'. Also eyebaling chart, I would say that 30 min and 60 min trends are clearly up, digistoch agree, but GMACD2 paint them as red. I may be doing something wrong, though, so if someone else would like to check...

I have few newbies questions. I did read second half of the (first) thread, but I still have some questions.

1 - how do you enter trade? When first candle close (or croses) in the colored buy (sell) area? Probably close, right?

2 - what would be stoploss? When first candle closes out of the colored buy (sell) area?
- or when candle is crossing colored area?

3 - do you generally sell whole position at first target or half or....?!?

4 - do you most of the time use those ploted targets as selling points or something else?

5 - what is signal for you, that trade goes against you and that you have to close position?

6 - what is average pip gain per trade, 10, 20....?!?

7 - what is average time per trade, few hours?

8 - which market (time) you prefer for trading?

9 - once you enter the trade - do you keep watching 15min chart or do you start using lower time frames for timing?

10 - ...

Is anyone willing to comment with pictures next few trades? That would be perfect

See, the problem is, that newbies (at least me) are capable to complicate every simple system. lol When you are trying to do a trade, you have tens and tens of questions and doubts. So if someone experienced is willing to write next few trades here, where he(she) entered, where exited and why - that would help a lot to many who wish to use this nice system.

Thank you in advance, Mario