Wed trades.
Inside Bar Trading Revisited 871 replies
123patternsv6 no longer works on MT4 - updated version? 3 replies
News straddling with Amazing EA, revisited 11 replies
DislikedDoes the indicator repaint
With ref to your wick req I used an ea based simply on 0 wick at the bottom for buy or top for sell using the wick 2.0 indictor t you cn find it on the forum )Ignored
These are known limitations and are all being taken into account with the next version V7 which is currently in testing by myself and another trader.
Vantage suggestions for fine tuning entry options are appreciated and will be added in V7.
The logic used in V7 will not be complicated. It will be less complicated than V6. The logic for finding and acting on 123 patterns will essentially be the same as Vantage's recent posts.
I have a solid and proven EA code base so it will not be difficult to build an EA for this.
Robdee
DislikedHi Rob
Just an example of aggressive entry on the pm I sent you. Here entry would be just below 3400, as opposed to waiting for 2 point to break. Just wanted to give you visual of the 1st neg close candle in trend move.
Thanks for your work here.Ignored
Dislikedhey Vantage that dashed "v" you marked on the chart is exactly where i would enter with my rr 1:3 as i told you in my pm. this "v" point illustrates it perfectly; a bigger 123 shown a few bars earlier and then an entry at a bit better price going short.
just saying.. you think differently and find the entry in another way, but we both find the same place to go in. makes me feel good :-) i am so on this train guys!Ignored
DislikedWhen selling I typically look for 1st neg close candle that has little/no lower wick and enter when candles low is broken with a pip (or so).Ignored
DislikedIf in this example you take entry at the top of the hammer is that entry based on a fib of the 1 2 range? Just want to be totally clear on what you are looking for.Ignored
DislikedVantage, emb
Your recent charts and discussion are very helpful, great work!
I see three options for aggressive entry before the break of point 2.
1) Vantage's candle that closes with very little wick (ie not much opposite pressure) and occurs after price point 3 and before price point 2 has been broken. This provides a consistent approach to aggressive entry.
2) emb's entry line "50% between 2 and 3" providing better R:R ratio and another consistent approach to aggressive entry.
3) My favourite, [b]"50% between 1...Ignored