Disliked{quote} I applied your template and I have this. There is even no indicator in it. {image}Ignored
and V2.1 indy
Post 164 : https://www.forexfactory.com/showthr...7#post11043797
Swing x1, x2, x3 Strategy by Kelvin
Work well for me But without EA, on H4, it is obviously impossible to play manually and seriously 24/24
I do like this;
- I check Market Watch time and if it is 07:57 and okey I wait 3 minutes to get the new 4H candle.
- 08:00, I skim thru my 36 pairs and it take me around 60 seconds. If I get a signal I enter it and place TP and SL.
- When that is done, I go to job, cook food and watch tele. I don't gloom at the screen since nothing more can happen
I repeat this 2 more times, so on a day I manage 3 4H-Candles. And it takes around 3-6 minutes.
I am doing something wrong or is it something I don't get you others does with this indi?
{quote} I try this indicator as well. I can't see any greater need of Alert nor EA even though it would be cool if it existed. I do like this; - I check Market Watch time and if it is 07:57 and okey I wait 3 minutes to get the new 4H candle. - 08:00, I skim thru my 36 pairs and it take me around 60 seconds. If I get a signal I enter it and place TP and SL. - When that is done, I go to job, cook food and watch tele. I don't gloom at the screen since nothing more can happen
Sometime I can play 4 candles in H4 because I'm retired, I do not have to go to work anymore!
But I think this excellent indy deserves an EA to play it 24/24 without errors or interventions on the TP and the SL
Cheers
jean-françois
{quote} Good evening friend and thanks for your post Sometime I can play 4 candles in H4 because I'm retired, I do not have to go to work anymore! But I think this excellent indy deserves an EA to play it 24/24 without errors or interventions on the TP and the SL Cheers jean-françois
your english is excellent
I work and have so little to do with this indy so I still not get it fully but we can leave it as is. We are all different and I agree an EA would be cool though..but not at all neccessary due to so little to do.
And JF I agree too that this is an excellent indy, I have gained some 13% since monday. I know that is insane and I don't expect this each week. I am fine with 2-3% a month so you bet I am stomped with this right now. I will keep at it.
I have only got 2 signals from all pairs this day so I am done really. The trades are open and at 2 dollars in profit, TP and SL set..so I just forget about them. And look at 07:59 tomorrow
{quote} Hi friend, your english is excellent
I am not in disagreement with you about the EA if you are trading this only based on the original post rules. I also agree that the results are fantastic this week but will not stay that way for ever.
I have complicated the strategy a little. Imagine that, a girl complicating things. I added another indicator to this to show me where to add more trades in the direction the High/low indicator has given me. This way I get way more pips when it goes for a run. I am also staying in longer than the original strategy to pull as many pips as possible. Instead of making a few hundred pips you can make double or triple. Set it up on a chart and look at how many pips you can make using these two indicators together.
Here is how I am using this indicator and the support resistance indicator. If you incorporate this into an EA Kelvin remember who gave you this. If you put the support resistance indi on your chart you need to increase the size of high low indi so it doesnt get covered at times.
1. Whenever the high low indicator pops an arrow I take a trade in that direction. My stop loss is the last high or low depending on the direction the trade is taken.
2. I then take every arrow from the support resistance indicator which shows a support being broken. This is in the direction the high/low gave me. stop loss is placed at the last high or low on the pull back.
3. If I get a arrow from the support resistance indi going in the oposite direction of trades I close half my profit.
4. I am exiting all the trades when the high/low indicator pops up in the opposite direction
{quote} Hey Sandberg I am not in disagreement with you about the EA if you are trading this only based on the original post rules. I also agree that the results are fantastic this week but will not stay that way for ever. I have complicated the strategy a little. Imagine that, a girl complicating things. I added another indicator to this to show me where to add more trades in the direction the High/low indicator has given me. This way I get way more pips when it goes for a run. I am also staying in longer than the original strategy to pull as many...
{quote} a girl complicating things. I added another indicator to this to show me where to add more trades in the direction the High/low indicator has given me. This way I get way more pips when it goes for a run. I am also staying in longer than the original strategy to pull as many pips as possible. Instead of making a few hundred pips you can make double or triple. Set it up on a chart and look at how many pips you can make using these two indicators together. Here is how I am using this indicator and the support resistance indicator. If you...
I did trade Options on Stocks when I was 19 or 20. We used charts we draw on millimeter papers
However from that time I learned that most of us are ruled by greed or by fear. Most times both feelings hits us during a trade. In the early 90's I had to make telephone call to stop a trade, if the contact at the bank was there at all.I was in the Army back then and missed most exits from my started trades
coz I was running in the forrest I think having 2 trades going using this Kelvin indi and secure the second one when 1st hits profit is greedy enough. I will look into your idea too, okey. You might be onto something!!