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Daily Chart 3-Candle

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  • Post #661
  • Quote
  • Oct 13, 2018 11:52am Oct 13, 2018 11:52am
  •  Gleam
  • | Joined Mar 2016 | Status: Member | 207 Posts
Quoting Inthebox
Disliked
{quote} there are 3 setups in this thread. the entries were made based on the best buy/best sell setup. the other two were mentioned in post 1. the answer in short is the sell entry was below both the best sell line and the best buy line. the best sell line was below the best buy line. for further explanation read from # post 441 onward.
Ignored
Thank you for answer. Clearer now..
 
1
  • Post #662
  • Quote
  • Oct 14, 2018 3:14am Oct 14, 2018 3:14am
  •  loudoniii
  • | Joined Jan 2006 | Status: Member | 176 Posts
Quoting simoneg
Disliked
@birdland and again look at the GJ chart attached. {image} {image}
Ignored
You make a really interesting point Simone about how setups occurring at one point in time can actually lead to a great trade entry quite some time later.

Looking back on my Euro H4 chart of Friday 12th October I see the latest short off was triggered from a line established in a setup from 12 days ago.
Attached Image (click to enlarge)
Click to Enlarge

Name: eurusd-h4-admiral-markets-as.png
Size: 31 KB
 
1
  • Post #663
  • Quote
  • Oct 14, 2018 5:27am Oct 14, 2018 5:27am
  •  Msmaximus
  • | Joined Feb 2016 | Status: $ is made by sitting, not trading | 146 Posts
Attached File(s)
File Type: ex4 Currency Correlation B.ex4   31 KB | 236 downloads

Hi guys new here, I found a correlation indicator, if is any coder here it should add some more room to put all the currencies advise by simoneg. Hope it helps!
 
1
  • Post #664
  • Quote
  • Oct 14, 2018 1:14pm Oct 14, 2018 1:14pm
  •  bnsnlai
  • | Joined Oct 2018 | Status: Junior Member | 2 Posts
Hey guys,

can you take a look at this?

https://www.tradingview.com/x/d5DgcjU1/

THANK YOU!
 
 
  • Post #665
  • Quote
  • Oct 14, 2018 1:23pm Oct 14, 2018 1:23pm
  •  Ra.
  • Joined Sep 2018 | Status: Member | 797 Posts
Anyone know if it’s possible to put this indicator on the MT4 platform for iPhone or Android? I looked a little bit online but from my understanding it’s not possible. If anyone here has been able to do this, may you show me where you learned how to do it? I work away from home a lot and have time to watch the markets but no access to a laptop, unfortunately I can only use my phone while out here.
thanks
 
1
  • Post #666
  • Quote
  • Oct 14, 2018 6:15pm Oct 14, 2018 6:15pm
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Quoting bnsnlai
Disliked
Hey guys, can you take a look at this? https://www.tradingview.com/x/d5DgcjU1/ THANK YOU!
Ignored

Hi bnsnla,

The only 123 setup on the EU Daily Right now is a bullish setup as seen below...This is the other 123 setup, which we need to see tested before taking. Please see attached chart. Yes we could see a reversal, but I am more looking at trading the structure that exists rather estimating what will happen on an incomplete one.
Attached Image (click to enlarge)
Click to Enlarge

Name: eudaily2.png
Size: 125 KB
Hero Traders Live to see their Accounts Die!
 
2
  • Post #667
  • Quote
  • Oct 14, 2018 6:16pm Oct 14, 2018 6:16pm
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Quoting Ra.
Disliked
Anyone know if it’s possible to put this indicator on the MT4 platform for iPhone or Android? I looked a little bit online but from my understanding it’s not possible. If anyone here has been able to do this, may you show me where you learned how to do it? I work away from home a lot and have time to watch the markets but no access to a laptop, unfortunately I can only use my phone while out here. thanks
Ignored

I don't think so Ra
Hero Traders Live to see their Accounts Die!
 
2
  • Post #668
  • Quote
  • Oct 14, 2018 10:18pm Oct 14, 2018 10:18pm
  •  bnsnlai
  • | Joined Oct 2018 | Status: Junior Member | 2 Posts
Quoting simoneg
Disliked
These should help a bit more... {image} {image}
Ignored
Why is the upper picture shows that bar#3 closed below the open of bar#2 and the close of bar#1

while,

the bottom picture shows that the bar#3 closed below the close of bar#2 and the open of bar#1

In both pictures, the bar#2 is bullish so im confused when do you consider bar#3 to close below the open OR close of bar#2

Thank you
 
 
  • Post #669
  • Quote
  • Edited 11:28pm Oct 14, 2018 11:14pm | Edited 11:28pm
  •  Inthebox
  • Joined Jun 2010 | Status: Member | 8,112 Posts
Quoting bnsnlai
Disliked
{quote} Why is the upper picture shows that bar#3 closed below the open of bar#2 and the close of bar#1 while, the bottom picture shows that the bar#3 closed below the close of bar#2 and the open of bar#1 In both pictures, the bar#2 is bullish so im confused when do you consider bar#3 to close below the open OR close of bar#2 Thank you
Ignored
just take note of bar 1 whether it is a bullish or bearish bar, and the picture will be clearer - bullish -> close, bearish -> open.

from post 1.
ideal SELL SCENARIO#1

 

  1. Market is tending upwards (at least for 3 days).Uptrend - Creating Higher highs and higher lows.
  2. The LAST BAR (BAR#3) closes with two bars having lower high on its LEFT
  3. BAR#3 closes below the CLOSE PRICE OF BAR#1 (if BAR#1 has a BULLISH BODY) OR below the OPEN PRICE OF BAR#1 (if BAR#1 has a BEARISH BODY).

ITB - Seeking Orderliness amongst 'Randomness'
 
2
  • Post #670
  • Quote
  • Edited Oct 16, 2018 3:30am Oct 15, 2018 3:45am | Edited Oct 16, 2018 3:30am
  •  SwingMan
  • Joined Aug 2007 | Status: Member | 2,487 Posts
New Version "sm3Candle BestLevelsMTF_v2"
(Please download the version 2.2 in #Post 689)

- You can set the line style, line width, line color
- You can set the text

- You can use the Auto Setting of upper time Frames:
Inserted Code
   if(Auto_UpperTimeFrames_Setting==true)
     {
      int currentTF=Period();
      switch(currentTF)
      {
         case PERIOD_M1:  UpperTimeFrame1=PERIOD_M5;  UpperTimeFrame2=PERIOD_M15;     break;
         case PERIOD_M5:  UpperTimeFrame1=PERIOD_M15; UpperTimeFrame2=PERIOD_H1;      break;
         case PERIOD_M15: UpperTimeFrame1=PERIOD_H1;  UpperTimeFrame2=PERIOD_H4;      break;
         case PERIOD_M30: UpperTimeFrame1=PERIOD_H4;  UpperTimeFrame2=PERIOD_D1;      break;
         case PERIOD_H1:  UpperTimeFrame1=PERIOD_H4;  UpperTimeFrame2=PERIOD_D1;      break;
         case PERIOD_H4:  UpperTimeFrame1=PERIOD_D1;  UpperTimeFrame2=PERIOD_W1;      break;
         case PERIOD_D1:  UpperTimeFrame1=PERIOD_W1;  UpperTimeFrame2=PERIOD_MN1;     break;
         case PERIOD_W1:  UpperTimeFrame1=PERIOD_MN1; UpperTimeFrame2=PERIOD_CURRENT; break;
         case PERIOD_MN1: UpperTimeFrame1=PERIOD_CURRENT; UpperTimeFrame2=PERIOD_CURRENT; bre
         default: UpperTimeFrame1=PERIOD_CURRENT; UpperTimeFrame2=PERIOD_CURRENT; break;
      }
Attached Image
 
9
  • Post #671
  • Quote
  • Oct 15, 2018 5:55am Oct 15, 2018 5:55am
  •  Rafaz1
  • | Joined May 2017 | Status: Member | 361 Posts
Swing Man

Superb work on the indicator. A little feedback for you;

1) Show_Timeframe - Does not work when you change it from True to False
2) Show_Level Price - Does not work when you change it from True to False

Is it possible to get the text, that is displayed on the right-hand side of the screen to be placed to the right hand-side of the current candle as you had in your original indicator.

Thank you
Rafaz
 
 
  • Post #672
  • Quote
  • Oct 15, 2018 6:10am Oct 15, 2018 6:10am
  •  SwingMan
  • Joined Aug 2007 | Status: Member | 2,487 Posts
Quoting Rafaz1
Disliked
... A little feedback for you; 1) Show_Timeframe - Does not work when you change it from True to False 2) Show_Level Price - Does not work when you change it from True to False Is it possible to get the text, that is displayed on the right-hand side of the screen to be placed to the right hand-side of the current candle as you had in your original indicator.
Ignored
Thanks for your feedback

- 1) and 2) I will test.
- The text stays as it is ...
 
 
  • Post #673
  • Quote
  • Oct 15, 2018 1:05pm Oct 15, 2018 1:05pm
  •  Rafaz1
  • | Joined May 2017 | Status: Member | 361 Posts
Ok, I only mention because the text is overlapping each other...
 
 
  • Post #674
  • Quote
  • Oct 15, 2018 3:17pm Oct 15, 2018 3:17pm
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Quoting SwingMan
Disliked
New Version "sm3Candle BestLevelsMTF_v2" - You can set the line style, line width, line color - You can set the text - You can use the Auto Setting of upper time Frames: if(Auto_UpperTimeFrames_Setting==true) { int currentTF=Period(); switch(currentTF) { case PERIOD_M1: UpperTimeFrame1=PERIOD_M5; UpperTimeFrame2=PERIOD_M15; break; case PERIOD_M5: UpperTimeFrame1=PERIOD_M15; UpperTimeFrame2=PERIOD_H1; break; case PERIOD_M15: UpperTimeFrame1=PERIOD_H1; UpperTimeFrame2=PERIOD_H4; break; case PERIOD_M30: UpperTimeFrame1=PERIOD_H4; UpperTimeFrame2=PERIOD_D1;...
Ignored

Awesome SwingMan!

Thank you for this update and for your hardwork! I will be checking this out today.
Hero Traders Live to see their Accounts Die!
 
 
  • Post #675
  • Quote
  • Edited Oct 16, 2018 3:30am Oct 15, 2018 3:50pm | Edited Oct 16, 2018 3:30am
  •  SwingMan
  • Joined Aug 2007 | Status: Member | 2,487 Posts
New Version "sm3Candle BestLevelsMTF_v2.1"
(Please download the version 2.2 in #Post 689)

Quoting Rafaz1
Disliked
...A little feedback for you;
1) Show_Timeframe - Does not work when you change it from True to False
2) Show_Level Price - Does not work when you change it from True to False
Ignored
The bugs have been corrected, thanks for your feedback.
Attached Image (click to enlarge)
Click to Enlarge

Name: USDCHF-MTF_v2.1.PNG
Size: 69 KB
 
1
  • Post #676
  • Quote
  • Oct 15, 2018 3:56pm Oct 15, 2018 3:56pm
  •  rookie14
  • | Joined Jun 2011 | Status: Member | 112 Posts
Looks nice!!
Great job

Thanks
R
 
1
  • Post #677
  • Quote
  • Oct 15, 2018 4:30pm Oct 15, 2018 4:30pm
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Will run some trades on it this week and see SwingMan. But not seeing anything apart from what you have already corrected, just yet.
Hero Traders Live to see their Accounts Die!
 
 
  • Post #678
  • Quote
  • Oct 15, 2018 4:58pm Oct 15, 2018 4:58pm
  •  wealthpro
  • Joined Mar 2014 | Status: Member | 677 Posts
hi simoneg thank you for the simple method is it a buy on XAUUSD 1H CHART
Attached Image (click to enlarge)
Click to Enlarge

Name: XAUUSDH1.png
Size: 27 KB
 
 
  • Post #679
  • Quote
  • Oct 15, 2018 5:03pm Oct 15, 2018 5:03pm
  •  Merka
  • Joined Jan 2016 | Status: Member | 1,655 Posts | Online Now
Quoting wealthpro
Disliked
hi simoneg thank you for the simple method is it a buy on XAUUSD 1H CHART {image}
Ignored
Wow! 100 lots
It's the first time I see someone trading such massive lot size
 
 
  • Post #680
  • Quote
  • Oct 15, 2018 5:04pm Oct 15, 2018 5:04pm
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Quoting wealthpro
Disliked
hi simoneg thank you for the simple method is it a buy on XAUUSD 1H CHART {image}
Ignored
You're welcome wealthpro!

The buy setup for me is at 1221.98. Unable to post charts at the moment.
Hero Traders Live to see their Accounts Die!
 
 
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