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Attachments: Another Way To Trade Pivot
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Another Way To Trade Pivot

  • Post #1
  • Quote
  • First Post: Edited Jan 11, 2019 3:50pm Dec 5, 2018 6:29am | Edited Jan 11, 2019 3:50pm
Here I do close to opposite of what Davit does. I don't expect a bounce at the S/R , instead I use them as trend continuation.

So it's more of a Trend Trading System instead of Counter Trend Trades.

When price reaches or touches 61S/R , I enter in anticipation for price continuation in the same direction.

There's not a lot to explain, it's easy to follow. Give it a shot and post your trades.

Take profit and Stop loss: I use 2 S/R away to set that. Adjust your risk according.


Pairs that I look @; GBPCHF , GBPUSD , GBPNZD , EURAUD , CHFJPY , EURJPY , GBPAUD , GBPCAD , EURNZD , GBPJPY .


Ps: I'm not responsible for your gains or losses.


Credit to Davit for the original pivot system.
Attached Files
File Type: ex4 Magnified Market Price.ex4   3 KB | 258 downloads
File Type: mq4 Pivot_Voty.mq4   36 KB | 287 downloads
File Type: ex4 ADR_v2.ex4   11 KB | 260 downloads
File Type: mq4 Davits Pivot V3.2 Auto.mq4   25 KB | 292 downloads
File Type: mq4 TDI-RT-Clone.mq4   4 KB | 260 downloads
File Type: mq4 TMS_Angleator V3 - RT2.mq4   25 KB | 267 downloads
File Type: tpl Tem-Pivot.tpl   28 KB | 178 downloads | Uploaded Jan 11, 2019 3:50pm
keep it movin'
A picture is worth a thousand words.
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A picture is worth a thousand words!!!
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That's it for now. Enjoy!!
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Brexit Delay.
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Trend Trading.
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Trend
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Momentum dont just disappear into thin air.
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Interesting.
Could you please share its template?
Thank you.
Template please
Quoting jovoodoo
Template please
Quoting egg
Interesting. Could you please share its template? Thank you.
First post is updated to include the template.
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Thank you, kola8701
Happy week end,
Quoting kola8701
{quote} {quote} First post is updated to include the template.
I've loaded your indis and template but failed.
Seemed no indicators attached.
Could you pls help me? Thanks.
Attached Image (click to enlarge)
Click to Enlarge Name: no pivot lines.jpg Size: 213 KB
Quoting egg
{quote} I've loaded your indis and template but failed. Seemed no indicators attached. Could you pls help me? Thanks. {image}
Sorry, my bad. Try this.
I'll update the first page.
Attached File
File Type: tpl Tem-Pivot.tpl   28 KB | 198 downloads
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  • Post #15
  • Quote
  • Edited at 3:19am Jan 12, 2019 3:04am | Edited at 3:19am
Quoting kola8701
{quote} Sorry, my bad. Try this. I'll update the first page. {file}
Thank you but unfortunately it still failed.
My guess is you put the indicators in indicators sub-folder. If that the case, no wonder no indicator list was shown up since by default template takes indicators from indicator folder (not sub-folder)
It’s just a guess. I might be wrong.
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So I loaded your indis by myself to the template.
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And I wonder why the pivots lines on TF H1 were flat, whilst it’s not flat in your TF H1 (see pict #3).
https://www.forexfactory.com/attachm...1&d=1544521138

Is there any setting needed?

Thank you.
Quoting egg
{quote} Thank you but unfortunately it still failed. My guess is you put the indicators in indicators sub-folder. If that the case, no wonder no indicator list was shown up since by default template takes indicators from indicator folder (not sub-folder) Its just a guess. I might be wrong. {image} So I loaded your indis by myself to the template. {image} And I wonder why the pivots lines on TF H1 were flat, whilst its not flat in your TF H1 (see pict #3). https://www.forexfactory.com/attachm...1&d=1544521138...

I'm not sure I know how to fix the template thingy or I'm just too lazy and not motivated to get it done.

About the Indicator, switch time frame back and forth, check other pairs and let me know.
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I put these indicators manually, and the picture is like this. It seems for me that there have to be someosettings changed
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Maybe this will help. Screenshot of my settings.
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  • Post #19
  • Quote
  • Edited at 2:18pm Jan 15, 2019 6:55am | Edited at 2:18pm
Quoting kola8701
{quote} I'm not sure I know how to fix the template thingy or I'm just too lazy and not motivated to get it done. About the Indicator, switch time frame back and forth, check other pairs and let me know.
Seeing your indicator list, no wonder the result is different.
Quoting kola8701
Here I do close to opposite of what Davit does. I don't expect a bounce at the S/R , instead I use them as trend continuation. So it's more of a Trend Trading System instead of Counter Trend Trades. When price reaches or touches 61S/R , I enter in anticipation for price continuation in the same direction. There's not a lot to explain, it's easy to follow. Give it a shot and post your trades. Take profit and Stop loss: I use 2 S/R away to set that. Adjust your risk according. Pairs that I look @; GBPCHF , GBPUSD , GBPNZD , EURAUD , CHFJPY , EURJPY...
Hi Kola
As you have laid out your rules you limit yourself by catching little trickle of run off water.Try swimming in the river.I suggest Weekly pivot as better guide.Below sell to 61S then see what happens opposite for buy then at least you got better adds of success.Think of it as a cat not just the tail's tip.
regards
In trading, you have to be defensive and aggressive at the same time
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