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Pivot Trading

  • #13,001
  • Edited Apr 24, 2018 7:36pm Nov 13, 2017 9:01am | Edited Apr 24, 2018 7:36pm
Quoting Davit
Let me be frank with you all. There are literally hundreds of system threads and traders here you don't understand and you don't like how I trade please leave.Nobody asks you to be here. I take my time from family work etc to help others but its getting almost unbearable.
. { copyrighted content deleted by staff }
  • #13,002
  • Nov 13, 2017 9:12am Nov 13, 2017 9:12am
Quoting denisius
I have been closely watching ADR and price behavior on some pairs. ( thanks Davit and Cryptosurf for detailed explanation, I couldn't figure how to use it properly) it's beautiful helper. Look at UJ, in this morning it was already 68% right near s38 level and here we go BOUNCE LIKE A BALL! . Guys this is my advice to all of you who follow this strategy; remove everything " YOURS" from Davits template. This guy put everything for reason. Proven by me and I am biggest non believer! Deeper I dig into this more I am blown away how easy and simple...
Can you share that detailed explanation? I don't fully understand how to incorporate ADR in to my trading I barely look at it because I don't know what to look for. Thanks
There is NO god.. Only the believers!
  • #13,003
  • Nov 13, 2017 9:20am Nov 13, 2017 9:20am
Quoting Lee337
{quote} Can you share that detailed explanation? I don't fully understand how to incorporate ADR in to my trading I barely look at it because I don't know what to look for. Thanks
Tons to read via google search. In Davit's system - the way I use ADR - is to know when a move *might* be exhausted. If the 20 day range is 60 and today's reading is 55, the move is most likely done and price is due to reverse. It's not uncommon for price to well exceed the averages though. As with any other measurable or indicator, use it for confluence only - not as an entry signal.

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Blessed is the one who takes refuge in Him.
  • #13,004
  • Nov 13, 2017 9:38am Nov 13, 2017 9:38am
Quoting voty
Closing Dow Jones, now this was fast, did not even have time to post it here. Incredible these pivots in action. It has all happened literally within an hour or so and I walk out with money for a dinner or two. {image} This Dragon seems to be my best pair recently. Switched from short to long... {image} Short Bitcoin, not that great entry, just tiny position with tight stop. {image}
Welcome back Voty, nice to have you back
D labour of a fool wearieth him cos he doesn't know how to enta d city
  • #13,005
  • Nov 13, 2017 9:41am Nov 13, 2017 9:41am
Quoting realjumper
{quote} Shouldn't the Profit Factor be shown there too?
hello RJ the profit factor can only be worked out when there are losses, when there are no losses it is blank. If looking at a trade explorer on FF it shows as an "infinity" symbol.
Success means going from failure to failure without loss of enthusiasm
  • #13,006
  • Nov 13, 2017 10:06am Nov 13, 2017 10:06am
Quoting Lee337
{quote} Can you share that detailed explanation? I don't fully understand how to incorporate ADR in to my trading I barely look at it because I don't know what to look for. Thanks
Read thread back 10 pages or go to Cryptosurf profile. They have it all covered in detail.
  • #13,007
  • Nov 13, 2017 10:11am Nov 13, 2017 10:11am
For people with specific questions, this cool trick might help. Try it, it does give answers
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Fall seven times, stand up Eight! #GGMU
  • #13,008
  • Nov 13, 2017 10:14am Nov 13, 2017 10:14am
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Fall seven times, stand up Eight! #GGMU
  • #13,009
  • Nov 13, 2017 10:17am Nov 13, 2017 10:17am
Euro looks extended. Watching EA and EG
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Fall seven times, stand up Eight! #GGMU
  • #13,010
  • Nov 13, 2017 10:18am Nov 13, 2017 10:18am
Quoting Lee337
{quote} Can you share that detailed explanation? I don't fully understand how to incorporate ADR in to my trading I barely look at it because I don't know what to look for. Thanks
I use an additional indicator to visualize what the 20day ADR is doing.

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You can see the scale plotted for the day and where price is at within that scale range.

Since Davit's method is essentially "swing failure/mean reversion" i'll want to look at when price reaches the upper limits for selling, lower limit for buying. The caveat is that i want price to be rejecting 61+ levels at the same time.
Trade with confidence, trade without fear.
  • #13,011
  • Nov 13, 2017 10:34am Nov 13, 2017 10:34am
I have been trading inspired of this system for the last 5 days.
Higest Drawdown was 6% and net profit about 18%.

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  • #13,012
  • Nov 13, 2017 11:03am Nov 13, 2017 11:03am
Thanks Davit for this very wonderful stress-free system. Started practicing today and results look promising. I'm still working on following up with the fundamentals.

My last entry for today...
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Some trades in DD and gains so far...
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My happiness is that I get to have more free time
  • #13,013
  • Nov 13, 2017 11:55am Nov 13, 2017 11:55am
@voty
Thanks for sharing the pivot indicators modified to suit Davit's theory.

I think "pivot_voty" is extremely useful as it gives alerts as price crosses pre-set pivot levels.

For some reason, however, it doesn't show pop up windows even though ShowPopup=true. I hear the sound OK.

Would I be doing anything wrong with the inputs?

Thanks,
RS

Attached File(s)
File Type: mq4 Pivot_Voty.mq4   35 KB | 324 downloads
  • #13,014
  • Edited 12:55pm Nov 13, 2017 11:57am | Edited 12:55pm
GJ in progress. BE+ RISKFREE trade
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Plan your trade and Trade your plan.
  • #13,015
  • Nov 13, 2017 12:01pm Nov 13, 2017 12:01pm
Quoting RisingSun
@voty Thanks for sharing the pivot indicators modified to suit Davit's theory. I think "pivot_voty" is extremely useful as it gives alerts as price crosses pre-set pivot levels. For some reason, however, it doesn't show pop up windows even though ShowPopup=true. I hear the sound OK. Would I be doing anything wrong with the inputs? Thanks, RS {file}
Test this version, akira. I dont know Itīs the same.
Attached File(s)
File Type: mq4 Pivot_Voty(2).mq4   36 KB | 586 downloads
  • #13,016
  • Nov 13, 2017 12:04pm Nov 13, 2017 12:04pm
Quoting fibo38
{quote} Test this version, akira. I dont know Itīs the same. {file}
Thanks David. Will check it out.
Akira
  • #13,017
  • Nov 13, 2017 12:29pm Nov 13, 2017 12:29pm
Just to know, my pivots are ok? they are respecting all the lvls, btw im using tickmill sch
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  • #13,018
  • Nov 13, 2017 12:58pm Nov 13, 2017 12:58pm
Quoting Cryptosurf
{quote} I use an additional indicator to visualize what the 20day ADR is doing. {image} You can see the scale plotted for the day and where price is at within that scale range. Since Davit's method is essentially "swing failure/mean reversion" i'll want to look at when price reaches the upper limits for selling, lower limit for buying. The caveat is that i want price to be rejecting 61+ levels at the same time.
hello,
can you post your template, please, i like the possibility of choose apb, the lines of fixed adr,.
thanks
mau
  • #13,019
  • Nov 13, 2017 12:58pm Nov 13, 2017 12:58pm
Quoting PPredator
Just to know, my pivots are ok? they are respecting all the lvls, btw im using tickmill sch {image}
https://www.forexfactory.com/showthr...6#post10455666
Plan your trade and Trade your plan.
  • #13,020
  • Nov 13, 2017 1:12pm Nov 13, 2017 1:12pm
Quoting fibo38
{quote} Test this version, akira. I dont know Itīs the same. {file}
David,
The code is different. Hope this one works. Need time to get the results. Thanks again,
Akira
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