experiment w/this EA
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DislikedFrom an Fx_ninja's idea I coded this little indicator that could help to better display signal for supernova method and remove some indicators from screen.
Actually it take care about QQE dot, DMI, Momentum and T3 (no Heiken Ashi so check it by yourself on the chart).
Here's color behaviour :
- blue : long signal
- red : short signal
- yellow : no signal (not all indicator agree)
There's only one parameter called Minutes and you can put there the minute timeframe where you want to apply indicator, so Minutes could assume these values : 5,15,60,240,1440
You can also put as much time as you want this indicator on the same chart to track multiple time frame at one time.
Please test it and report back errors
Happy pips
SkylineIgnored
DislikedFrom an Fx_ninja's idea I coded this little indicator that could help to better display signal for supernova method and remove some indicators from screen.
Actually it take care about QQE dot, DMI, Momentum and T3 (no Heiken Ashi so check it by yourself on the chart).
Here's color behaviour :
- blue : long signal
- red : short signal
- yellow : no signal (not all indicator agree)
There's only one parameter called Minutes and you can put there the minute timeframe where you want to apply indicator, so Minutes could assume these values : 5,15,60,240,1440
You can also put as much time as you want this indicator on the same chart to track multiple time frame at one time.
Please test it and report back errors
Happy pips
SkylineIgnored
Disliked14:26
Unloaded half position @ 233.44 (+13 pips or 112.28 $USD) and moved my SL for the remaining lot @ break-even 233.57.
The alarm (pink dot) for short is now on and the indicators line up. However, it’s Friday afternoon, so caution here...Ignored
DislikedThanks Ninja...
Isn't there already a version with 3 stops? managetp34.ex4? I guess I saw it somewhere already. I use the version you posted here for newstrading. But for the positions taken in the SUperNova System maybe 3 times moving of stops would be more the Spudfyre way.
Unfortunately I have very little time today - eventually you will find it. I guess it was from stockwet.
Greetings
GnatIgnored
DislikedYour brave Qpip! I was not even going to trade today as it's friday but turned all right in the end.
By the way what is a Qpip? Queen Pip?Ignored
DislikedEasy to use.
Easy to understand.
Short timeframes - I like it...
Can you use it profitably on other pairs rather than the 4 normal pairs?Ignored
DislikedThis was my LAST trade for the week. Nb: I won’t clog this thread with the all details of my trades next week don’t worry LOL, I just wanted to make a live log in real time for this first week. I’ll be keeping a personnal log, however, because I want to be able to see my progress (or regress?? hehehe hope not) to be able to improve my trading.
Here goes the last one (on THIS ONE I was brave, see the time!!)
15:15 EST
GBPJPY long : 233.73 (bid is 233.64)
SL just above t3 : 233.52 (12 pips-> this is insane)
Qty: 2 standard lots
TP: will unload half position (1/2 lot) early to lock in profit and adjust SL to breakeven +1 for other half and let run.
Status of indicators :
Price cleanly above green ma (t3): yes
Red candle with no/few lower shadows:yes
Alert – blue dot (qqe): yes
Momentum crossed above gray line:yes
DMI purple below blue: no, not yet
Update:
At 15:34, price is at break-even, moved my SL to –9 pips (my spread) @ 233.64
DMI just crossed below blue line.
Now go UP!
15:38, I got SCARED (for no reason) and closed out ½ position @ 233.82 for 77.65$. Moved SL to break-even + 1 @ 233.74 and will let the other ½ RIDE!
15:45 moved SL up to 233.84 (11 pips in my pocket) while price is @ 233.93 (or 20 pips from my entry)
15:50 price is taking a major plunge, RED ALERT for EURJPY and red candle just formed for GBPJPY. Got stopped out @ 233.84 for 11 pips or 94.91$ (shoulda just taken ONE last trade (my broker closes at 16:30), price is plummetting FAST à don’t get GREEDY!!!):
Today’s trades:Ignored