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- Shaltay replied Mar 7, 2014
Thanks a lot, iman_oracle, this is an interesting version. I'm not sure how a separate window below could be used, but as an indicator it will not shout as a script does when you want to switch the TF. Though the script is better if you want to ...
Trial Run for Volume&Range Patterns
- Shaltay replied Feb 9, 2014
I had a day off and completed one more long promised piece of PDF with the patterns based on DD-signals, and I enclose it here for those who were interested. The pattern from the pic. 9 (in the file) helped me a lot in my last trade in EURJPY, ...
Trial Run for Volume&Range Patterns
- Shaltay replied Jan 29, 2014
On the importance of a sixth sense at the edge of an "apocalypses": I had a Sell position in EURJPY, and it could be in profit at this moment. But this morning it was under water, and though there were no logical reasons to stop it, and there were ...
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 29, 2013
After several days of trading pure Effi I came to two conclusions: 1) I could use only this method without my other signals, but not immediately – I have to get accustomed to it. I think, with enough practice Effi could become a system with quite a ...
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 26, 2013
GBPUSD bought @ 1.6170. Leaving the drift sand zone (gray) the price went upwards, then returned to the bullish main trend line (blue). Together with the difference of the shapes in Effi diagrams it was a strong buy signal. Stop-loss would happen if ...
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 26, 2013
GBPUSD: The last stake didn’t win much. H1 candle efficiently closed above the bearish basic and main trend lines, and there is a divergence in the shapes of Effi diagrams (the red circle). I closed one position and put a small BE at the second (and ...
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 25, 2013
While waiting for pending Sell orders in GBPUSD I also opened a Sell trade at the breakout of Effi inside bar supported with the divergences growing down.
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 25, 2013
I put pending Sell Stop orders in GBPUSD hoping for the breakout of reinforcement candles on Daily and Weekly charts (@ 1.6175 and 1.6055 accordingly). There are no clearly visible signs of reversal yet, except the fact that on Daily the horizontal ...
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 23, 2013
Thanks for the kind words and encouragement, OneMoreFloor. I myself still have doubts in the power of Effi
Trial Run for Volume&Range Patterns, after all it’s only half a year old, and it was a period of its discovery. Effi was a logical development of my previous skills in price ...
- Shaltay replied Nov 20, 2013
EURJPY: The price didn't reach my target zone, but I don't like the picture on H4 at the last minute before the end of the day. I closed the Sell trades here.
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 20, 2013
EURJPY - pure Effi trade, the detailed explanation of the trading decision. First, I was wrong removing BWMFI+Volumes from the chart. It absolutely belongs to Effi method. Volume values are necessary to determine supdem zones and drift sand zones. ...
Trial Run for Volume&Range Patterns
- Shaltay replied Nov 19, 2013
Hi OneMoreFloor, sorry for the late answer, there was no notification from FF. I can honestly say that with EFFI analysis my trading became much better; the share of guessing and hoping was significantly reduced. And yes, EFFI readings are the core ...
Trial Run for Volume&Range Patterns
- Shaltay replied Oct 25, 2013
Hi Tamzy1, thanks for your continuing interest! Finally it came – a happy Friday evening, when nobody wants from me neither analytics, nor dinner, and even my dog is already happy after a long walk. Now I can spend some time for my hobbies. I have ...
Trial Run for Volume&Range Patterns
- Shaltay replied Oct 21, 2013
Seems that I forgot to remove a pending order, and the entry was far from good. I don’t care much. I am very very busy lately; I didn’t even open MT4 in the last several days. A month ago I’ve won a new long term contract in my main work and short ...
Trial Run for Volume&Range Patterns
- Shaltay replied Sep 19, 2013
Another example of drawing EFFI trend lines in EURJPY and a bit of trading analysis around them (a slide show). I closed my Sell trade in EURJPY with a small profit in the first minutes after the yesterday's news, since the price action was unstable ...
Trial Run for Volume&Range Patterns
- Shaltay replied Sep 16, 2013
Example of drawing EFFI trend lines, and an indicator to help drawing Supply and Demand levels. 1) The weekend didn’t bring any changes in EURJPY, despite many gaps in other pairs, and I continue in the bearish mood. Here is a recent example of my ...
Trial Run for Volume&Range Patterns
- Shaltay replied Sep 12, 2013
EURJPY: The daily candle has recently crossed the main trend line and bounced from the basic trend line (on my chart), but without much enthusiasm. If the daily candle grows efficient (for that it should close somewhere below 132.10, I think) – I ...
Trial Run for Volume&Range Patterns
- Shaltay replied Sep 6, 2013
What a nice NFP stop slippage
Trial Run for Volume&Range Patterns- 50 pips stoploss instead of 20 struck the live account, and 63 pips instead of 20 on demo. But a plus to the broker - live was not worse than demo.
- Shaltay replied Sep 5, 2013
Hi DrNoStopLoss, I’ve broken my brain over these Effi variants. My original equation (with volume in it) and the coder’s simplified version (without volume after the mathematical reduction) – both give the same result as they are. My original ...
Trial Run for Volume&Range Patterns
- Shaltay replied Sep 2, 2013
What a strange amendment in the new version of MT4! Last week I placed take profits for my Buy positions in EURJPY. For a long-term trade it was at 135.50, and it is so on my live account. But on demo it happened to be 130.50 instead of 135.50, in ...
Trial Run for Volume&Range Patterns