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Daily Chart 3-Candle

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  • Post #981
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  • Oct 25, 2018 2:35pm Oct 25, 2018 2:35pm
  •  Inthebox
  • Joined Jun 2010 | Status: Member | 6,583 Posts
Quoting tony1200
Disliked
{quote} i have read page 1 over and over …i was under the impression that we had to wait til the retest of bar 1 to enter long on that example....and sometimes price never retraced to it.....
Ignored
so now you have 2 chances. one on candle close, the other on retrace.
so now you can better understand why there are 2 possible entries.
https://www.forexfactory.com/showthr...5#post11626375
from birdland: "i will buy GN h1 at the close of the candle. and a second position when the price pulls back to the yellow triggerline."
Seeking out Orderliness amongst 'Market Randomness'
 
2
  • Post #982
  • Quote
  • Oct 25, 2018 2:36pm Oct 25, 2018 2:36pm
  •  tony1200
  • | Joined Dec 2016 | Status: Member | 167 Posts
Quoting Inthebox
Disliked
{quote} i am really amazed by the questions you have been asking. i had previously shown you multiple times that you enter at the close of the candle. no. you have not read page 1 carefully enough. a picture paints more than a thousand words. from post #1. {image}
Ignored
http://prntscr.com/lagfng
 
 
  • Post #983
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  • Oct 25, 2018 2:41pm Oct 25, 2018 2:41pm
  •  tony1200
  • | Joined Dec 2016 | Status: Member | 167 Posts
Quoting Inthebox
Disliked
{quote} so now you have 2 chances. one on candle close, the other on retrace. so now you can better understand why there are 2 possible entries. https://www.forexfactory.com/showthr...5#post11626375 from birdland: "i will buy GN h1 at the close of the candle. and a second position when the price pulls back to the yellow triggerline."
Ignored
i better get on the ball with you guys....tough crowd here!!!
 
 
  • Post #984
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  • Oct 25, 2018 2:51pm Oct 25, 2018 2:51pm
  •  Inthebox
  • Joined Jun 2010 | Status: Member | 6,583 Posts
Quoting tony1200
Disliked
{quote} i better get on the ball with you guys....tough crowd here!!!
Ignored
another revelation for you ........... just in case when a different set up is being discussed and you are confused.
it will get tougher ...........
probably what you now know is only 1 of the 3 set ups available in this thread.
https://www.forexfactory.com/showthr...0#post11554280
Seeking out Orderliness amongst 'Market Randomness'
 
 
  • Post #985
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  • Oct 25, 2018 2:59pm Oct 25, 2018 2:59pm
  •  tony1200
  • | Joined Dec 2016 | Status: Member | 167 Posts
Quoting Inthebox
Disliked
{quote} another revelation for you ........... just in case when a different set up is being discussed and you are confused. it will get tougher ........... probably what you now know is only 1 of the 3 set ups available in this thread. https://www.forexfactory.com/showthr...0#post11554280
Ignored
I was reading up on that a bit today....I know how to draw them on chart...but how are they relevant ?

http://prntscr.com/lagq63
 
 
  • Post #986
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  • Edited at 3:19pm Oct 25, 2018 3:09pm | Edited at 3:19pm
  •  pipsy7
  • | Membership Revoked | Joined Dec 2016 | 1,824 Posts
Thanks Simoneg + SwingMan =
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da n0o0b + $hit_Disturber
 
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  • Post #987
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  • Oct 25, 2018 3:19pm Oct 25, 2018 3:19pm
  •  Inthebox
  • Joined Jun 2010 | Status: Member | 6,583 Posts
Quoting tony1200
Disliked
{quote} I was reading up on that a bit today....I know how to draw them on chart...but how are they relevant ? http://prntscr.com/lagq63
Ignored
no difference. same application. buy when candle close above best buy line. sell when candle close below best sell line.
still valid even after many many candles later.
but ..... but ...... but .........
you have drawn the best buy and best sell in the reverse order.
best buy is at swing high. best sell is at swing low.
past 3 am. need to go to bed now.
Seeking out Orderliness amongst 'Market Randomness'
 
1
  • Post #988
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  • Oct 26, 2018 1:10am Oct 26, 2018 1:10am
  •  nschwegl
  • | Joined Dec 2016 | Status: Member | 173 Posts
Quoting SwingMan
Disliked
New Version "sm3Candle SwingPoints_v3.1" Here the Version with entry Levels for the SwingPoints. Please test. Allerts in the next version. The entry rules: - For a bearish 3 candle setup, entry should be at the Highest Bullish Open Price of the 3 candles. (If all candles are bearish then entry should be at the Highest Bearish Close price) - For a bullish 3 Candle setup, entry should be at the Lowest Bearish Open price of the 3 candles. (If all candles are bullish then entry should be at the lowest bullish close Price) {image} {file}
Ignored
Hi,why there are no swingpoints in the last days ?
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  • Post #989
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  • Oct 26, 2018 1:17am Oct 26, 2018 1:17am
  •  Inthebox
  • Joined Jun 2010 | Status: Member | 6,583 Posts
Quoting nschwegl
Disliked
{quote} Hi,why there are no swingpoints in the last days ? {image}
Ignored
which ones are missing?
Seeking out Orderliness amongst 'Market Randomness'
 
 
  • Post #990
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  • Oct 26, 2018 2:18am Oct 26, 2018 2:18am
  •  birdland
  • Joined Aug 2010 | Status: . | 2,914 Posts
Quoting birdland
Disliked
now lets do a trade realtime with a 1:1 risk/reward i will buy GN h1 at the close of the candle. and a second position when the price pulls back to the yellow triggerline. SL about 30-35 pips below the entry, TP 30-35 pips above look at the best buy (W1) on h1 chart: {image} and then h4 chart look at the best sell m1 level! {image}
Ignored
+22 and +35 pips with this GN long trade
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I know that you and I know nothing.
 
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  • Post #991
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  • Oct 26, 2018 2:39am Oct 26, 2018 2:39am
  •  Froggy
  • Joined May 2018 | Status: Tadpole | 2,509 Posts | Online Now
Hi All,

I have spent ,most of the afternoon reading the 50 pages on this very impressive thread. Congratulations for sharing your ideas and time. I think I got the jest of it but I will re-read some of the important posts over the week-end. I really like trading R/S, Pivots and S/D levels.

I have only one question so far...… Is there any instructions to setup the correct parameters of the indi? if so, could you please refer me to it?

Cheers.
Stay green!!!
 
1
  • Post #992
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  • Oct 26, 2018 2:54am Oct 26, 2018 2:54am
  •  birdland
  • Joined Aug 2010 | Status: . | 2,914 Posts
Quoting Froggy
Disliked
Hi All, I have spent ,most of the afternoon reading the 50 pages on this very impressive thread. Congratulations for sharing your ideas and time. I think I got the jest of it but I will re-read some of the important posts over the week-end. I really like trading R/S, Pivots and S/D levels. I have only one question so far...… Is there any instructions to setup the correct parameters of the indi? if so, could you please refer me to it? Cheers.
Ignored
great, welcome!

thats a good point, i am still experimenting with the correct parameters of the indi.

the swingpoint setup is easy, i hope you have no problems with it.

the best levels indi is tricky, because if you draw too many lines then you will clutter the screen with too many lines.
on the other side if you choose only 1 or 2 history lines then you will miss important ones.
at the moment i put in every day 10 history lines for each pair i am watching and then mark the important lines. then i turn back the setup to 2 history lines.
hope that helps...
I know that you and I know nothing.
 
 
  • Post #993
  • Quote
  • Oct 26, 2018 3:23am Oct 26, 2018 3:23am
  •  ensale
  • Joined Nov 2013 | Status: Member | 2,776 Posts
Quoting birdland
Disliked
{quote} +22 and +35 pips with this GN long trade {image}
Ignored
Now that's how I say bravo.. Nice live illustration.

if that does'nt get more interest then some people need their head checking... Good work simoneg and swingman.
It's in fear when people show what they truly value.
 
2
  • Post #994
  • Quote
  • Oct 26, 2018 3:40am Oct 26, 2018 3:40am
  •  SwingMan
  • Joined Aug 2007 | Status: Member | 2,491 Posts
Quoting nschwegl
Disliked
Hi,why there are no swingpoints in the last days ?
Ignored
Yes, thank you. It's a messy program and I'm trying to fix it now.
smBodySwitch 3.5.0 Profit This Week: na
 
2
  • Post #995
  • Quote
  • Oct 26, 2018 4:15am Oct 26, 2018 4:15am
  •  Froggy
  • Joined May 2018 | Status: Tadpole | 2,509 Posts | Online Now
Quoting birdland
Disliked
{quote} great, welcome! thats a good point, i am still experimenting with the correct parameters of the indi. the swingpoint setup is easy, i hope you have no problems with it. the best levels indi is tricky, because if you draw too many lines then you will clutter the screen with too many lines. on the other side if you choose only 1 or 2 history lines then you will miss important ones. at the moment i put in every day 10 history lines for each pair i am watching and then mark the important lines. then i turn back the setup to 2 history lines....
Ignored
Birdland,

Many thanks, I haven't done anything yet.... Just want to have a really good understanding of the Strategy first.

Cheers.
Stay green!!!
 
1
  • Post #996
  • Quote
  • Oct 26, 2018 5:44am Oct 26, 2018 5:44am
  •  SwingMan
  • Joined Aug 2007 | Status: Member | 2,491 Posts
New Version "sm3Candle SwingPoints_v3.2"

Please test the Alerts, the SwingPoints and the EntryLines.

There remains a small problem with entry lines that stay in the chart even if the SwingPoint is no longer valid.
Will correct later.
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Attached File
File Type: ex4 sm3Candle SwingPoints_v3.2.ex4   28 KB | 683 downloads
smBodySwitch 3.5.0 Profit This Week: na
 
3
  • Post #997
  • Quote
  • Edited at 8:42am Oct 26, 2018 5:53am | Edited at 8:42am
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Quoting SwingMan
Disliked
New Version "sm3Candle SwingPoints_v3.2" Please test the Alerts, the SwingPoints and the EntryLines. There remains a small problem with entry lines that stay in the chart even if the SwingPoint is no longer valid. Will correct later. {file} {image}
Ignored
Thank you SwingMan! For the Past SwingPivot entry lines, consider that for instance a Bearish Swing Pivot could trigger a small sell, then price reverses, and closes above the entry line to give support to a buy = "Swing Pivot Rejection". So please don't invalidate them too early. Thanks again for the update.

Simone
Hero Traders Live to see their Accounts Die!
 
 
  • Post #998
  • Quote
  • Oct 26, 2018 8:37am Oct 26, 2018 8:37am
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Forward testing Indies.

H4 SwingPivot Short on Gold.
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Hero Traders Live to see their Accounts Die!
 
 
  • Post #999
  • Quote
  • Oct 26, 2018 9:13am Oct 26, 2018 9:13am
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Quoting simoneg
Disliked
Forward testing Indies. H4 SwingPivot Short on Gold. {image}
Ignored
Closed +42pips
Hero Traders Live to see their Accounts Die!
 
1
  • Post #1,000
  • Quote
  • Edited at 9:42am Oct 26, 2018 9:31am | Edited at 9:42am
  •  simoneg
  • Joined Jan 2008 | Status: Focussed | 2,382 Posts
Shorting Gold again, sellers pushing lower off best buy levels. If H1 closes back above best buys we close as buying will continue.

Sorry if my charts may be looking a bit different, testing indicator values and adjusting to a setting I prefer.
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Hero Traders Live to see their Accounts Die!
 
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