Forex trading - open range

Originally from ticket #1706.

guys, looks like i am going to have your good stuff for a month then give it all back. unless i know i can take really take advantage of it. i trade forex please help asap. thank you.

Regards

Ashfaq

Yep we are still completing a release until we can focus on walkthroughs and online hlep guides on it all.

The Framework contains many indicators, strategies, workspaces and template, trade management tools to assist you.
How do you trade?

Position, Swing, Day, Scalp
Mean Reversion
Trend

What are you looking for?

MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/

Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums

Hello

How about if you tried an open range breakout strategy for trading Forex?
We can assist you to set it up and to trade it in sim.

Please let us know how we can assist you.

MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/

Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums

Hi,

i mainly trade day trade forex, primarily euro/usd,
so please do set me up with something for day trading forex so that i can say at
the end of the trial that this stuff is bloody fantastic.Any swing trading
suggestions will also be welcomed. Thanks again for your help.

Regards

Ashfaq

----- Original Message -----
From:
MicroTrends
Support
To: Ashfaq Aziz
Sent: Wednesday, June 27, 2012 11:10
AM
Subject: [MicroTrends Help Desk] Re: Help
- too much

In addition to my last email, if open range
braekout strategy forex are what we are going for, then lets do it.
please set it up for me, so that i can see how it works in sim and swing trading
suggestion and setup will also be welcomed. thanks again.

----- Original Message -----
From:
MicroTrends
Support
To: Ashfaq Aziz
Sent: Wednesday, June 27, 2012 11:10
AM
Subject: [MicroTrends Help Desk] Re: Help
- too much

There is no trail it is free and unlimited forever for SIM usage
PFG has a 30 day trial -however your Forex might continue on with delayed - lets see what happens
MBTrading will give you a free unlimited

As for performance 30 days might be great, it mihgt not be who can tell... only time.
Also you may want to play with settings to get it to suit you etc..

Within NinjaTrader - please setup the following settings
Tools > options > data > Tenth pips

In instrument manager
add 4 major pairs such as
GBPUSD
EURUSD
USDCHF
AUDUSD

downlaod data for them too,
tick data 7 days
or
30days minute data

Next we will prepare a workspace and strategy template for you.
and video so you can wathc it many times if need be.

This will allow you to simply add the strategy to a chart, enable it and it will work etc
will be in touch shortly

MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/

Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums

Thanks mate, while your doing that can you also
give me guidance on setting up similar settings for the scalping setup, this
also interest me. Thanks again, much appreciated. by the way i am current ninja
user with PFG, however whatever we setup i will be test in sim as you know.
cheers.

ashfaq

----- Original Message -----
From:
MicroTrends
Support
To: Ashfaq Aziz
Sent: Wednesday, June 27, 2012 2:44
PM
Subject: [MicroTrends Help Desk] Re:
Forex trading - open range

Hi

#1
Please downalod and import the MT Gann Renko Bars into NinjaTrader
http://downloads.microtrends.co/MicroTrendsBarsV2.0.0.3.zip
Restart NinjaTrader

#2
A NinjaTrader Strategy Template: MicroTrendsOpenRange
Please save and copy it to the folder My documents/Ninjatrader 7/templates/strategy
http://screencast.com/t/LrHA31WqS

#3
Please find attached:
A NinjaTrader workspace - MT FX Open Range Trader
Please save and copy it to the folder My documents/Ninjatrader 7/workspaces
http://screencast.com/t/FFqJs5oYXp6L

#4
Connect to a data feed...

Open the workspace.
Within NinjaTrader control center
File > workspaces > open > MT FX Open Range Trader

check can you see 4 cahrts?
with MT Gann Renko bars?

If not create a chart GBPUSD
DataSeries Default 24/7 (session times set to GMT or EST )
MT Gann Renko Settings: T40,M2,C4
Save the workspace

#5
Add the strategy.
Right click the chart > strategies list> MT Open Range
http://screencast.com/t/UmztTTBpId
Set enabled=true > click Ok

You are now running the MT Open Range Trader.
http://screencast.com/t/zyXHDNwjI7Sx

NOTE: If the strategy is still in an Historical trade - then you will need to wait for it to close or exit the trade before you can interact with the MTEasy Trader....

For the scalper
There are so many ways to trade it - you will need to simply add the scalper indicator to a chart and experiment with the settings to learn what it does -then later look at the strategy version:

Please see here:
https://microtrends.zendesk.com/entries/21008258-scalper-indicator-and-other-indicators-documentation

MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/

Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums