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Attachments: One Hour Sniper (OHS)
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One Hour Sniper (OHS)

  • #361
  • Jul 24, 2017 6:53am Jul 24, 2017 6:53am
Quoting sbenichou1
{quote} do you keep these positions even in OS territory?
If you are new to divergence you can go to "babypips.com". They have a nice and easy to understand description of trading with divergence and the stoch!! Then you will understand that price movement has no restriction, where oscillators move betwee two limits, say 0 and 100?? So it often happens that the osc moves sideways, because it cannot move higher/lower, while price moves on higher/lower. That is what they then call consolidation, i think. Actually babypips.com is worth a read at least once a week, as Renofaith suggests with constant training! Quite interesting stuff! I hope this helps! Happy trading!!
  • #362
  • Jul 24, 2017 8:34am Jul 24, 2017 8:34am
I plan to participate in this trade. The Daily stochastic is on a heavy descent. The 4H is already OS.
Thx Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1hidden.png Size: 44 KB
  • #363
  • Jul 24, 2017 8:41am Jul 24, 2017 8:41am
Here is the same chart with lines plotted.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYH1tl.png Size: 46 KB
  • #364
  • Jul 24, 2017 8:55am Jul 24, 2017 8:55am
WAIT for the stochastic to close. Always wait. Successful traders wait for the crossover.
Thx Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: AUDJPYH1close.png Size: 47 KB
  • #365
  • Edited 3:53pm Jul 24, 2017 9:01am | Edited 3:53pm
Concerning the above chart, stick to your rules...
1H you have a hidden divergence and a double top.
4H the sto is already crossed over. To the upside.
Daily sto is on a heavy descent. G/J

Stick to your rules.
Thx Renofaith
  • #366
  • Jul 24, 2017 11:42am Jul 24, 2017 11:42am
Greetings Traders,
I just set up triggers for a bearish stacker trade on the GJ. Max risk is 1%. This trade could gain a bunch or lose 1%.
  • #367
  • Jul 24, 2017 11:57am Jul 24, 2017 11:57am
I use fib lines on stacker trades. Stop loss is a few pips above parity. This is not a Sniper Trade. Although total risk is 1%.
Renofaith
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPYM15fib.png Size: 50 KB
  • #368
  • Jul 24, 2017 12:05pm Jul 24, 2017 12:05pm
Quoting renofaith
I use fib lines on stacker trades. Stop loss is a few pips above parity. This is not a Sniper Trade. Although total risk is 1%. Renofaith {image}
hello,

You don't care H4 sto crossing upside?

S
  • #369
  • Jul 24, 2017 12:15pm Jul 24, 2017 12:15pm
Quoting sbenichou1
{quote} hello, You don't care H4 sto crossing upside? S
Yes chou, my notes include that. This is not a sniper trade. I probably should've have posted the chart, some traders trade off the Daily stochastics. I would not do this with real money. The main reason I took the trade is because I'm practicing stacking trades and there is a hidden divergence on the 1H.
This trade may close out at a loss before I post this reply.
Thx Renofaith
  • #370
  • Jul 24, 2017 1:37pm Jul 24, 2017 1:37pm
Quoting renofaith
Concerning the above chart, stick to your rules... 1H you have a hidden divergence and a double top. 4H the sto is already crossed over. To the upside. Daily sto is on a heavy descent. A/J Stick to your rules. Thx Renofaith

I see a daily A/J going down.
  • #372
  • Jul 24, 2017 3:55pm Jul 24, 2017 3:55pm
Quoting verglas
{quote} I see a daily A/J going down.
Thank you glas for noticing that. I have since changed the pair.
Thx Renofaith
  • #373
  • Jul 24, 2017 4:01pm Jul 24, 2017 4:01pm
Quoting Tr3add
Good evening all, It's evening for me anyways I've attached a nice little Stochastic indicator that will plot your regular and hidden divergences for you in MT4 - given their prevalence in this thread I thought it might come in handy. In conjunction with Renofaiths rules I have found this to be a powerful combination. I didn't write it so I don't have the mlq file I'm afraid, I think someone here on FF actually wrote the code so I hope they don't mind me sharing it. All the best and god bless. {file}
Outstanding, you mean it will draw the trend lines on the APB and on the indicator as well? I don't believe what I just read. What a blessing.
Thank you Tr3add!
Thx Renofaith
  • #375
  • Jul 24, 2017 5:23pm Jul 24, 2017 5:23pm
Quoting Tr3add
{quote} Yes sir, exactly, I prefer to have the indicator just draw onto the peaks and troughs of the stochastic but it'll mark trend line on price too if you want it to.
show us please. remember to keep it simple.
  • #376
  • Jul 25, 2017 3:00am Jul 25, 2017 3:00am
Quoting renofaith
{quote} show us please. remember to keep it simple.
The option for you to decide where the indicator draws trend lines is right there in the options - you can choose to have the divergences drawn on price, on the indicator or both.
Not sure why the first post warranted a dislike?
  • #377
  • Jul 25, 2017 9:21pm Jul 25, 2017 9:21pm
Quoting Tr3add
{quote} The option for you to decide where the indicator draws trend lines is right there in the options - you can choose to have the divergences drawn on price, on the indicator or both. Not sure why the first post warranted a dislike?
Hello Thread,
I asking you or anyone else to post an indicator on this thread to help the new traders with the OHS. I'm not interested in attaching anything like that to my charts TODAY, although if it would help any other trader, I'm all in... with one stipulation. WE want to 'see' it on a chart as we're seeing the mq4 attachment. If you're not driven to use it on your own charts, don't expect new traders to use it.
I'm reading multiple PM'S concerning this 'indicator'. I'm willing to do virtually anything to help my fellow trader/friend/neighbor.
I will continue to draw TL on my own, for now.
Thank You
Renofaith
p.s. to the traders who sent the messages, THANK YOU
  • #378
  • Jul 25, 2017 9:38pm Jul 25, 2017 9:38pm
I saw Tr3add's earlier post about the Stochastic Divergence indicator (Post # 371). He had the Ex4 file but not the mq4 file needed to fine-tune the indicator to our specifications. I "Googled" the indicator, found the mq4 file on ForexFactory & changed the settings to our specs - 21,3,4 Smoothed & Hi/Lo price. I've attached it to this post.

I also took a screenshot of the indicator attached to my H4 EUR/USD chart. The yellow & green lines as well as the arrows were generated by the program. Hope this helps everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDproH4.png Size: 52 KB
Attached File(s)
File Type: mq4 Stochastic_DivergenceMTF.mq4   30 KB | 490 downloads
  • #379
  • Jul 25, 2017 11:23pm Jul 25, 2017 11:23pm
Very nice and clean chart Pip Bull. Thank you for posting.
Renofaith
  • #380
  • Jul 26, 2017 2:17am Jul 26, 2017 2:17am
Quoting Pip Bull
I saw Tr3add's earlier post about the Stochastic Divergence indicator (Post # 371). He had the Ex4 file but not the mq4 file needed to fine-tune the indicator to our specifications. I "Googled" the indicator, found the mq4 file on ForexFactory & changed the settings to our specs - 21,3,4 Smoothed & Hi/Lo price. I've attached it to this post. I also took a screenshot of the indicator attached to my H4 EUR/USD chart. The yellow & green lines as well as the arrows were generated by the program. Hope this helps everyone. {file} {image}
Awesome PB, thanks.

Would you be able to add push-notification to mobile also? - thanks a lot in advance...

PC
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