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multiple systems per pair/multiple pairs per system? 3 replies

Trading 24 hours per day, 5 days per week 14 replies

Attachments: (binned per thread starter's request) Currency Strength with cont
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(binned per thread starter's request) Currency Strength with cont

Quoting neilsdigest
Re: I myself use the rsi2 but set on weekly. Watching the Daily charts once the rsi2 drops below 30, that's my sell signal. (I might be wrong) RSI 2 must be below 30 both on the weekly and daily.. Then on the H1 chart if the williams percent range goes below 80 he/she sells. For a buy the RSI 2 must be over 70 on the weekly and daily cart.. Then if the Williams percent range goes above 20 he/she buys. So no one got on the GBPUSD on the H1 - Naughty, naughty..... Not using the method as posted by 4XU2 The move below on the GBPUSD was 100 pips - 1000...
Hi Neil, I respect your experience as a trader and the info you've been providing, so please take the following question as a request for understanding, nothing more. For the life of me I can't understand the value in the mirrored pairs (GBPUSD vs USDGBP). When will the mirror not ever be 180 degrees out? So, I don't see the value in it for TA purposes; it doesn't help at all (referring to your previous post). However, if the trade was based on WCUGBP (white line) initially being weak and then moving up, does that mean that GBP is now becoming weak and therefore is reflected in the downward movement of GBPUSD? It would have also helped to know that USD at the time was becoming stronger to further propel this pair down.
Quoting Botan626
{quote} Hi! Could you upload indicators you mentioned, please? Wanna take a look on them after your explanation.

Wow Just realized , thats alot of indicators! But wait theres MORE!
Attached Files
File Type: ex4 i-supply-demand-zones .ex4   13 KB | 185 downloads
File Type: ex4 Adaptive Atr risk calculator.ex4   16 KB | 154 downloads
File Type: mq4 Adaptive Atr risk calculator.mq4   5 KB | 174 downloads
File Type: ex4 pipsometer_decimal_edit_2 (1).ex4   14 KB | 136 downloads
File Type: mq4 pipsometer_decimal_edit_2 (1).mq4   4 KB | 156 downloads
File Type: ex4 snorm_background.ex4   4 KB | 158 downloads
File Type: ex4 Daily_Range_Stats.ex4   22 KB | 184 downloads
File Type: mq4 MA ribbon filled 2 x 14.mq4   2 KB | 164 downloads
File Type: ex4 MA ribbon filled 2 x 14.ex4   3 KB | 140 downloads
File Type: ex4 !XPS v8 GANN SSL.ex4   10 KB | 191 downloads
Trade what "Is", not what "If".
Take a look at the chart again and see the other pairs added.... Here is the same chart with the GBP/USD with other pairs added and no Mirror....... I said the other day TV charts are different to MT4 charts.

Different pairs same result.... Sell GBP/USD 1 H chart... I posted that chart as I did it quick as at the minute I am using a ten inch tablet.... Believe me if I can use a ten inch tablet to do these charts then just think what can be achieve on a 21inch monitor.... I can't understand why people can't see the power in this...

I'm going to stop posting again now and just enjoy my long vacation.

IF you do a chart yourself like the one above and add the NZDUSD it hit the top at exactly the same time as the GBP/USD.... SELL THE GBP/USD

Now go look what the NZDUSD did....... Oh my what a drop - 1H chart....

Is this just to much for people to comprehend - Sorry no indicators or EA involved. Just charts.
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD1HTREND.png Size: 141 KB
The most violent element in society is IGNORANCE
Quoting neilsdigest
Take a look at the chart again and see the other pairs added.... Here is the same chart with the GBP/USD with other pairs added and no Mirror....... I said the other day TV charts are different to MT4 charts. Different pairs same result.... Sell GBP/USD 1 H chart... I posted that chart as I did it quick as at the minute I am using a ten inch tablet.... Believe me if I can use a ten inch tablet to do these charts then just think what can be achieve on a 21inch monitor.... I can't understand why people can't see the power in this... I'm going to stop...
Thanks Neil for taking the peoples trading knowledge to the next level... Much gratitude...
Quoting 4xu2
{quote} Wow Just realized , thats alot of indicators! But wait theres MORE! {file} {file} {file} {file} {file} {file} {file} {file} {file} {file}
Okay that should do it. I guess i forgot to mention the rsi2 is MTF. Just let the template do the work and you can remove what ever you like.
Attached Files
File Type: tpl ! - 1 RSI2W1-24-36LWMA-CSCHARTD1-4.tpl   26 KB | 248 downloads
File Type: mq4 #MTF_RSI.mq4   8 KB | 235 downloads
File Type: ex4 #MTF_RSI.ex4   8 KB | 183 downloads
Trade what "Is", not what "If".
Quoting 4xu2
{quote} Okay that should do it. I guess i forgot to mention the rsi2 is MTF. Just let the template do the work and you can remove what ever you like. {file} {file} {file}
Thanks for the contribution... :-)
The most violent element in society is IGNORANCE
Quoting Botan626
{quote} Hi! Could you upload indicators you mentioned, please? Wanna take a look on them after your explanation.
Once the MTF RSI2 drops below 30 (sell ) or above 70 (buy). Drop down to H1 and either buy or sell. Notice the W%R, Above -20 for sell on retracements. Below -80 for buy on retracements. Easy Peassy
Attached Images (click to enlarge)
Click to Enlarge Name: USDJPYiDaily26-7.png Size: 170 KB Click to Enlarge Name: USDJPYiH126-7.png Size: 152 KB
Trade what "Is", not what "If".
Sorry bit of topic again. I see ICTrader is a pivot trader..... That's why the negative... Stick to that thread my friend and not this one..

Use this method.... Compare them with what 4xu2 has posted..... Use the The Effect Of Compounding and you will have more money in three years that you know what to do with...

I posted two trades in that above chart taken from the H1..... NZDUSD and The GBPUSD topped in the same place at the same time.... Now go add the all the other pairs.. See if I am wrong.... Prove I lied...

I keep getting negative, well especially from pivot traders (understandable).... ICTRADER the big boys use this same technique day in day out... and spend millions on there computer systems... You can do (nearly) just as good as them with using TV which is free.... All they now of which you won't is when they close the trade..
The most violent element in society is IGNORANCE
Quoting neilsdigest
Sorry bit of topic again. I see ICTrader is a pivot trader..... That's why the negative... Stick to that thread my friend and not this one.. Use this method.... Compare them with what 4xu2 has posted..... Use the The Effect Of Compounding and you will have more money in three years that you know what to do with... I posted two trades in that above chart taken from the H1..... NZDUSD and The GBPUSD topped in the same place at the same time.... Now go add the all the other pairs.. See if I am wrong.... Prove I lied... I keep getting negative, well...
BLDY Amazing..Big THKS for all this AMAZing stuff..all the best
Thanks Neil, I'm pretty much a TV chart user as well. On my phone at the moment, so I'll digest what you posted tomorrow & hopefully the light bulb will come on.

4xu2, thank you as well. I'll load stuff up on mt4 & then translate that into TV charts.
Quoting 4xu2
{quote} Okay that should do it. I guess i forgot to mention the rsi2 is MTF. Just let the template do the work and you can remove what ever you like. {file} {file} {file}

Thank you! Especially for the template.
Quoting neilsdigest
Sorry bit of topic again. I see ICTrader is a pivot trader..... That's why the negative... Stick to that thread my friend and not this one.. Use this method.... Compare them with what 4xu2 has posted..... Use the The Effect Of Compounding and you will have more money in three years that you know what to do with... I posted two trades in that above chart taken from the H1..... NZDUSD and The GBPUSD topped in the same place at the same time.... Now go add the all the other pairs.. See if I am wrong.... Prove I lied... I keep getting negative, well...
Neil,

Could you please advise if it is possible to extrapolate the method to individual stocks or stock indices like DAX,Dow etc...?

Thanks
@neilsdigest or anyone else who is interested..are we due a buy on all major currencies as gold/wcu has hit the floor on my trading view on my chart ,BTW what setting are you guys using for the scaling on the charts? thank you in advance :]
Hi 4xu2 !

I checked your settings and tested a slightly different approach

1. 1h chart
2. Only MTF RSI 2 of the daily with the following signals :
a) BUY when MTF RSI is > 50 and Williams%R > -20
b) SELL when MTF RSI is < 50 and Williams%R < -80
3. Williams%R unchanged (period 14)

You get BUY and SELL signals earlier
Combined with Neils trading method its a killer
Simple and easy
This thread is one of the best on FF so far from my point of view

Just my 2 cents
I am seeing we are changing the purpose of this thread with this new forms of indicators posting, i am begging us all please let keep the purpose of this thread, mainly the WCU STRATEGY . HAPPY TRADING
Quoting oluwagbenga
I am seeing we are changing the purpose of this thread with this new forms of indicators posting, i am begging us all please let keep the purpose of this thread, mainly the WCU STRATEGY . HAPPY TRADING
I just commented because Neil referred to the approach of 4xu2
Quoting behof
{quote} I just commented because Neil referred to the approach of 4xu2
The RSI is shite. Your profile pic is not.
Attached Image (click to enlarge)
Click to Enlarge Name: Snapshot.JPG Size: 438 KB


It's EUR/JPY 1h chart
Expert please what can you say to this chart
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 70 KB
Quoting behof
{image} It's EUR/JPY 1h chart
Hi Behof,

I understand a different strategy was referenced, but moving forward could we all please refrain from posting the charts in this thread.

Thanks
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