{quote} When I look at previous sell NU trade, I see that last bullish candle closed above H4 EMAs and inside D1 EMAs. That was a bad sign for sell trade. {image}
Ignored
Yes! i took the sell as well and got stopped out! it was off the rules
Hi All, I have been following this thread for some time and wish to make a contribution. As you know a part of the entry requirements is to check the 100 EMA on the next higher timeframe. To make it easier I have modified "MTF MovingAverage" to include "NextHigherAuto". Simply select NextHigherAuto=true when placing on the current chart and the next higher timeframe MA will be displayed on that chart. You don't need a separate MA for each timeframe, it will switch automatically for that timeframe. Enjoy and Merry Christmas! {file} Fulla
Hi guys,i've created a channel on telegram based on this strategy, using the stochastic 10,3,3 20,3,3 and 40,3,3. there's a bot that will notify us each hour when it is happening a pullback based on H1 and H4 timeframe. feel free to join the group : t.me/pullbacksignal
Ignored
Hi, Saidmrn, I am thankful to you that you created telegram for pulback strategy, can you please add Nasdaq index and gold in the list. another question is that, do your signals exactly apply all below conditions as described by WDaouFX or it is just based on only Stoch indicator, Please guide me
[[- EMA 100 APPLYED TO CLOSE, HIGH, AND LOW
- STOCHASTIC OSCILATOR 20 3 3, simple and close/close overbough at 80 and oversold at 20
RULES:
- BUYS:
* If trading the 1h chart, both the 1h and 4h timeframes MUST BEOVER the 100 emas. If daily also is? GREAT!
* If trading the 4h chart, both the 4h and the daily MUST BE OVER the 100 emas. If weekly also is? GREAT!
- Sell:
* If trading the 1h chart, both the 1h and 4h timeframes MUST BEUNDER the 100 emas. If daily also is? GREAT!
* If trading the 4h chart, both the 4h and the daily MUST BEUNDER the 100 emas. If weekly also is? GREAT!]]
Watch market as a layman, Do have a opposit trade what ur mind suggest ;-)
{quote} Hi, Saidmrn, I am thankful to you that you created telegram for pulback strategy, can you please add Nasdaq index and gold in the list. another question is that, do your signals exactly apply all below conditions as described by WDaouFX or it is just based on only Stoch indicator, Please guide me [[- EMA 100 APPLYED TO CLOSE, HIGH, AND LOW - STOCHASTIC OSCILATOR 20 3 3, simple and close/close overbough at 80 and oversold at 20 RULES: - BUYS: * If trading the 1h chart, both the 1h and 4h timeframes MUST BE OVER the 100 emas. If daily also...
Ignored
Hello !
currently,the signal is only based on stochastic.
i'm working with wael to improve it and the signal will be based exactly as the strategy is.
{quote} Hi, Saidmrn, I am thankful to you that you created telegram for pulback strategy, can you please add Nasdaq index and gold in the list. another question is that, do your signals exactly apply all below conditions as described by WDaouFX or it is just based on only Stoch indicator, Please guide me [[- EMA 100 APPLYED TO CLOSE, HIGH, AND LOW - STOCHASTIC OSCILATOR 20 3 3, simple and close/close overbough at 80 and oversold at 20 RULES: - BUYS: * If trading the 1h chart, both the 1h and 4h timeframes MUST BE OVER the 100 emas. If daily also...
Ignored
Hey bro, the pullback signal is an initial attempt, we are working of applying all the rules to it so we can update it really soon !
All the signals should be analised according to the rules, and your technical analises ! cheers
{quote} There is not much for a template... just add the Ema 100 applied to high anthen to low and then to closee... And apply as well stoch 20 3 3 close/close simple
Ignored
Joined the telegram pullbacks signals and checked the GJ 20 1hr got on Friday...does this look correct as picked out. Think it best to wait for 68 retrace for G for a buy order and prepare for a SL hit due to brexit
{quote} Joined the telegram pullbacks signals and checked the GJ 20 1hr got on Friday...does this look correct as picked out. Think it best to wait for 68 retrace for G for a buy order and prepare for a SL hit due to brexit {image}
Ignored
In my opinion it looks like a good buy, but i would wait to see it at 50/618 retracement...
{quote} In my opinion it looks like a good buy, but i would wait to see it at 50/618 retracement... cheers
Ignored
Thanks and yeah my problem would be to pick out the high and low and set the fibo right. id a look at the CJ you posted and was wondering why your buy is at 38. Is the pullback to 61.8 not better or have a missed something/drawn the fibo incorrect. Anyway. When I quite my Job ill keep this to try and have go one demo when I have spare time.
{quote} Thanks and yeah my problem would be to pick out the high and low and set the fibo right. id a look at the CJ you posted and was wondering why your buy is at 38. Is the pullback to 61.8 not better or have a missed something/drawn the fibo incorrect. Anyway. When I quite my Job ill keep this to try and have go one demo when I have spare time. {image}
Ignored
Hey ! your fib was drawn like i did! at the pic it looks as if i got at 38 but actually the stochs did not trigger once the price was at 50 or 61... So o ce the stoch touched i got in, but price was already higher then 50fib retracement
My question is if all of the criteria are met and price is at 50 FIB OR touches 61.8 FIB BUT STOCHASTIC is not showing overbought or oversold and secondly when you said if a candle closes at 50 FIB OR 61.8 FIB then we open a position at the start of next candle is it at market price or the next FIB LEVEL
{quote} My question is if all of the criteria are met and price is at 50 FIB OR touches 61.8 FIB BUT STOCHASTIC is not showing overbought or oversold .
Ignored
then not all criteria are met! hehe
look maybe you ll adapt the strategy to something you do, but for me if not all conditions are met i dont enter the trade; cheers
{quote} My question is if all of the criteria are met and price is at 50 FIB OR touches 61.8 FIB BUT STOCHASTIC is not showing overbought or oversold and secondly when you said if a candle closes at 50 FIB OR 61.8 FIB then we open a position at the start of next candle is it at market price or the next FIB LEVEL
Good day and thank you for the above reply please my question now is if the pullback is above or below 61.8 FIB then you don't take the trade is that it
{image}
