there is ready-made code for this indicator for every trading app except MT4/5, see here:
http://www.traders.com/Documentation...ips.html#item2
http://www.traders.com/Documentation...ips.html#item2
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VSA Trading 1 reply
Dislikedthere is ready-made code for this indicator for every trading app except MT4/5, see here:
http://www.traders.com/Documentation...ips.html#item2Ignored
DislikedHello Guru and Friends....
Last night I was analyzing NSK VSA method with 1H chart of EURUSD .... with trend filter ...
Attachment
I found two types of entry chances ......Ignored
DislikedEU stopped out -16 pips
edit: stop too tight, I should stick to the original rules.Ignored
DislikedMay I ask you which rule you are following for the stop loss? I use 25% ATR 13 period calculated on daily time frame, that, in pips, oscillate in a range between 25 to 35 for eu and guIgnored
Dislikedclose long eu at 4877 (+37)
close long au at 0717 (-5)
short gu at 6524 sl 6551
short eu at 4886 sl 4916
update 08:25gmt gu moved sl at be
eu moved sl at 4906Ignored
Dislikedgreat arun...after the 15M, this method tends to work very well in 1H...and u have found that...good work...of course, u will have losses but overall this will be profitable...try to combine this with white and red bars on the BV indicator and ur hit rate will get better....Ignored
Dislikedclose the gu short at 6478 (+46) after the spike from the bad news for the pound.
Still on the eu short from 4886 currently at +2
final update, time to sleep for me:
37 + 46 - 5 -1(close the euro short, price action seems promising nothing good on the short side)
total +77 that's it for the day.
See ya tomorrow guys!
RegardsIgnored
DislikedThanks Guru ... for simplistic and encouragement .....
What is BV indicator .... I personally try to create indicator for your method ... I may finish it week end [I hope ...] ...
Regards
Arun...Ignored
Dislikedclose the gu short at 6478 (+46) after the spike from the bad news for the pound.
Still on the eu short from 4886 currently at +2
final update, time to sleep for me:
37 + 46 - 5 -1(close the euro short, price action seems promising nothing good on the short side)
total +77 that's it for the day.
See ya tomorrow guys!
RegardsIgnored
DislikedGood morning NSK, I've been popping in to look at your relaxation methods
Brilliant Brax.
I had a sell stop hit on GU and +15 pip locked in, then the news took me to +62 (not recommended!).
The EU went +3 then reversed to hit my stop at -17. Its hanging around the 4893 8/8th Extreme overbought line. In hindsight I can see my mistake being the stop was to tight and price is currently heading towards my original sell price!
Back to vacation and see you tomorrow.Ignored
Dislikedshort on eurgbp from yesterday at 0.9010....daily pin bar supporting the trade...Ignored