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Quad Candle System

  • #3,341
  • Feb 16, 2019 1:19am Feb 16, 2019 1:19am
Quoting Masterrmind
{quote} Precisely ! However, it is only a tool and not a 100% forecaster of the future (although if applied with confluence it is fairly accurate at times ... ha ha). Simply use the 'predicted swing' date as a 'possible' day for a swing to occur and not much more. This information alone can help immensely with your trade management approach. Why not use the dates in line with it ? Gann gave greater importance to some angles over others based on his own analysis of chart data. This does not mean that angles/dates along the cardinal or ordinal lines...

Thank you for the input, things look a lot more clearer now with the Gann analysis.
Forex - It's finger lickin' good
  • #3,342
  • Feb 16, 2019 1:19am Feb 16, 2019 1:19am
Quoting pipsandkfc
{quote} I have to type the currency name with .r as this is how they're displayed in my pepperstone account but it just resets to the standard values, even if I delete all and add others. It doesn't give the error anymore it just display the same pairs. I'm clicking in the navigator on the QuadCandleDashboard_beta then going to symbols and try to delete all and add mine, but it just resets to the factory settings.
Are you clicking "OK" then clicking "close" ?

I see no issue on my end.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 106 KB

However, if the issue continues with your display then I'll add in a string function to act as a symbol suffix.

Please post a screenshot of your symbol entry line as I have done so I can check for typo errors.
Its possible you missed a ',' or a '.' somewhere in which case either the default will be applied or an error generated.

Masterrmind............
Master your Mind then Master your Trades
  • #3,343
  • Feb 16, 2019 1:22am Feb 16, 2019 1:22am
Quoting Masterrmind
{quote} Are you clicking "OK" then clicking "close" ? I see no issue on my end. {image} However, if the issue continues with your display then I'll add in a string function to act as a symbol suffix. Masterrmind............
Yes, I removed the entire list loaded in the Dashboard, then added for example IT40.r . After delete the other symbols and adding IT40.r I clicked Ok. It is displayed in the dashboard as it overwrites the first currency then the rest of pairs remain.

After I closed MT4 the list is loaded back again: AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD,CADCHF,CADJPY,CHFJPY,EURAUD,EURCAD,EURCHF,EURGBP,EURJPY,EURNZD,EURUSD,GBPAUD,GBPCAD,GBPCHF,GBPJPY,GBPNZD,GBPUSD,NZDCAD,NZDCHF,NZDJPY,NZDUSD,USDCAD,USDCHF,USDJPY

but the display changed to: showing only IT40.r and USDJPY.r. The latest was added as a test a few tries ago, not in the last attempt.

It seems that the issue is that it resets to the basic settings list, no matter what I write or delete from the currency pairs. I've checked in the MT4 journal that it's loaded only in one open chart the dashboard so I avoid having it open multiple times.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCNH.rDaily.png Size: 131 KB
Click to Enlarge Name: USDCNH1.rDaily.png Size: 34 KB
Forex - It's finger lickin' good
  • #3,344
  • Feb 16, 2019 1:30am Feb 16, 2019 1:30am
Quoting pipsandkfc
{quote} Yes, I removed the entire list loaded in the Dashboard, then added for example IT40.r . After delete the other symbols and adding IT40.r I clicked Ok. It is displayed in the dashboard as it overwrites the first currency then the rest of pairs remain. After I closed MT4 the list is loaded back again: AUDCAD,AUDCHF,AUDJPY,AUDNZD,AUDUSD,CADCHF,CADJPY,CHFJPY,EURAUD,EURCAD,EURCHF,EURGBP,EURJPY,EURNZD,EURUSD,GBPAUD,GBPCAD,GBPCHF,GBPJPY,GBPNZD,GBPUSD,NZDCAD,NZDCHF,NZDJPY,NZDUSD,USDCAD,USDCHF,USDJPY but the display changed to: showing only IT40.r...
Your symbols as an example should be as follows:

EURUSD.r,IT40.r, ... etc

Its very easy to place a period '.' instead of a comma ',' or vice versa.

I would like to see your symbol input line zoomed in if at all possible.

Masterrmind............
Master your Mind then Master your Trades
  • #3,345
  • Feb 16, 2019 1:34am Feb 16, 2019 1:34am
Quoting Masterrmind
{quote} Your symbols as an example should be as follows: EURUSD.r,IT40.r, ... etc Its very easy to place a period '.' instead of a comma ',' or vice versa. I would like to see your symbol input line zoomed in if at all possible. Masterrmind............
This is how it looks after I put just the SEK.JPY.r currency inside it. It reset to the standard currency pairs.
Attached Image (click to enlarge)
Click to Enlarge Name: dashboard.png Size: 262 KB
Forex - It's finger lickin' good
  • #3,346
  • Feb 16, 2019 1:38am Feb 16, 2019 1:38am
I fixed it, not sure what it had but just removed and reinstalled MT4 again with the indicator. Now it doesn't reset to the basics and gives no errors.
Attached Image (click to enlarge)
Click to Enlarge Name: SGDJPY.rH1.png Size: 31 KB
Forex - It's finger lickin' good
  • #3,347
  • Feb 16, 2019 1:59am Feb 16, 2019 1:59am
Quoting pipsandkfc
I fixed it, not sure what it had but just removed and reinstalled MT4 again with the indicator. Now it doesn't reset to the basics and gives no errors. {image}
Pleased to hear it.

As for the 'wait' display it simply means the dash is waiting for data.

You can reload the indicator to show last trading days Bid prices if you wish.

A few additional lines of code will be added in the next version of the dash to make your display a bit neater (time permitting).

Some additional space will also be provided for the Symbol display or at least an option that reduces font size so that the full symbol can be seen.

Masterrmind..........
Master your Mind then Master your Trades
  • #3,348
  • Feb 16, 2019 2:12am Feb 16, 2019 2:12am
SQ9 Date

Another Tip.

Its also useful to find a date of interest on the SQ9 Date and project these dates forward in 90 degree increments.

Take some time and analyze several charts and you'll soon see what it represents.

Masterrmind.............
Master your Mind then Master your Trades
  • #3,349
  • Feb 16, 2019 2:50am Feb 16, 2019 2:50am
Quoting Masterrmind
SQ9 Date Another Tip. Its also useful to find a date of interest on the SQ9 Date and project these dates forward in 90 degree increments. Take some time and analyze several charts and you'll soon see what it represents. Masterrmind.............
Thank you for the tip. I will plot some charts over the weekend to make sure I understand it right.
Forex - It's finger lickin' good
  • #3,350
  • Feb 16, 2019 2:53am Feb 16, 2019 2:53am
[quote=Masterrmind;12009958]{quote} Pleased to hear it. As for the 'wait' display it simply means the dash is waiting for data. You can reload the indicator to show last trading days Bid prices if you wish. A few additional lines of code will be added in the next version of the dash to make your display a bit neater (time permitting). Some additional space will also be provided for the Symbol display or at least an option that reduces font size so that the full symbol can be seen. Masterrmind..........
Thank you.
Forex - It's finger lickin' good
  • #3,351
  • Feb 16, 2019 3:33am Feb 16, 2019 3:33am
Quoting pipsandkfc
{quote} Thank you for the tip. I will plot some charts over the weekend to make sure I understand it right.
In future versions of the Master Octive indicator I will also include an option that enables/disables a date and step value to be input such that SQ9 Date lines can be displayed as vertical lines on the chart.

Masterrmind............
Master your Mind then Master your Trades
  • #3,352
  • Feb 16, 2019 1:48pm Feb 16, 2019 1:48pm
Masterrmind, I've been browsing the charts of various pairs and I noticed that in many cases the Full Moon coincides with the start of an uptrend/downtrend for example and when there is a next full moon even if there is not a full change of direction there is a retracement. Like one full moon a blue candle, the next full moon a red candle. The move is more accentuated in a constant trend, but I noticed that it gives some results in a range as well. This means that we could have a bigger chance when we have an extreme Master Octive zone + full moon close.
Thank you for bringing this tool as arsenal for trading.
Forex - It's finger lickin' good
  • #3,354
  • Feb 16, 2019 5:21pm Feb 16, 2019 5:21pm
Quoting pipsandkfc
Masterrmind, I've been browsing the charts of various pairs and I noticed that in many cases the Full Moon coincides with the start of an uptrend/downtrend for example and when there is a next full moon even if there is not a full change of direction there is a retracement. Like one full moon a blue candle, the next full moon a red candle. The move is more accentuated in a constant trend, but I noticed that it gives some results in a range as well. This means that we could have a bigger chance when we have an extreme Master Octive zone + full moon...
Very good observation !

Its all to do with repeating patterns in the market and taking advantage of them under ideal conditions.

Now with the Master Octive applied together with the Moon Dates and the SQ9 levels (price and time) your trading will go to the next level.

Always factor in RISK and CONFLUENCE into every trade setup.

Note: Since all the previous and future Full Moon Dates are known in advance it is simple enough to draw these lines on any chart for any given period of time you choose and save it as a template such as Full_Moon_Dates.tpl. Then attach this template to any symbol you care to analyze.

Masterrmind...........
Master your Mind then Master your Trades
  • #3,355
  • Feb 16, 2019 5:33pm Feb 16, 2019 5:33pm
Do not post indicators of any description to this thread without asking me first.

Please delete your post cenkle.112g.

Regards,

Masterrmind............
Master your Mind then Master your Trades
  • #3,356
  • Feb 16, 2019 9:26pm Feb 16, 2019 9:26pm
Master Octive Indicator

General Guidelines

The MO indicator currently displays the following:

1. Gann Grid UpTrend (multiple options including displacement of the Gann YRD High and Low levels for better viewing);
2. Gann Grid DownTrend (multiple options including displacement of the Gann YRD Low and High levels for better viewing);
3. GG scaling for Up and Down (ensure factors of 2 are applied based on current Octive Gap);
4. Show individual or combo Gann Grids (Advanced analysis mode);
5. Extending the Yearly Reset Date range to include additional bars for the analysis;
6. Multi adjust mode allowing for bar adjustment for UpTrend and DownTrend Gann Grids at the same or different times;
7. Master Octive Calculation options (Master Octive, Auto Levels, Manual Levels and MML (old version) and Zone Coloring;
8. Data Panel Display;
9. Multiple color options;
10. Full Moon Display;
11. Moon Phase Line Display;
12. coming soon ... SQ9 module (S&R, Dates, Angles and the Squaring of Price in Time plus a glimse of Planetary Aspects).

Advanced Gann Analysis (simple examples applying the UpTrend and the DownTrend Gann Grids)

XAUEUR will be used as our example

1. Default MasterOctive Setup for Down Trend Gann Grid enabled and applying scaling of -156.3 (current Octive Gap)
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 60 KB

2. Now we modify the scaling factor in factors of 2 Up or Down from the current Octive Gap searching for 'Adherence'
Quickly by observation of the current chart we know that increasing the scaling factor will only cause the GG lines to move further away so our only option here is to reduce the scaling.
Octive Gap current = 156.3 pips
Scaling 1 Degree down = 156.3/2 = 78.15
Scaling 2 Degrees down = (156.3/2)/2 = 78.15/2 = 39.075

Now lets adjust the scaling values in the Master Octive indicator settings like so
Attached Image

To get the following chart setup
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot3.png Size: 49 KB

Still we see no interactiion between PA and the GG.

If we drop another Degree lower in our scaling to Octive Gap/(2^2) we still do not get any interaction.

Ofcourse we can keep scaling down by factors of 2 but this will still not provide us with anything meaningful to use.

So we opt for the UpTrend Gann Grid and run through the same process as above except this time our scaling factor will be positive (+).
Making sure to set the parameter "Show_GannGrid_DN = false" and "Show_GannGrid_UP = true" (Enable_Gann must be set true)

UpTrend GG (scaling = Octive Gap) yields the following chart

As it turns out using a scaling equal to the Octive Gap is the one we want because it shows both Interaction, Alignment and Adherence.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot6.png Size: 50 KB

Other Degrees of scaling may offer useable setups but there will be others that better meet our needs by ticking more of the boxes.
UpTrend Gann Grid with 1 Degree of Scaling lower
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot4.png Size: 47 KB

UpTrend Gann Grid with 2 Degrees of Scaling lower
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot5.png Size: 49 KB


So be sure to apply the following in your initial setups:
a) Interaction;
b) Alignment and
c) Adherence

This is only the very beginning of the technical analysis.

A fundamental analysis and a bias must be sought.

An SQ9 Date and Time analysis can also be applied if preferred.

Make sure to refer constantly to Post 1 Guidelines and build a highly confluent case for entry.

ps. Dynamic update for breakouts will also be applied later.

Good trading,

Masterrmind............
Master your Mind then Master your Trades
  • #3,357
  • Feb 17, 2019 12:15am Feb 17, 2019 12:15am
Quoting Masterrmind
Master Octive Indicator General Guidelines The MO indicator currently displays the following: 1. Gann Grid UpTrend (multiple options including displacement of the Gann YRD High and Low levels for better viewing); 2. Gann Grid DownTrend (multiple options including displacement of the Gann YRD Low and High levels for better viewing); 3. GG scaling for Up and Down (ensure factors of 2 are applied based on current Octive Gap); 4. Show individual or combo Gann Grids (Advanced analysis mode); 5. Extending the Yearly Reset Date range to include additional...
Masterrmind if I get it right per our current analysis as thought in the thread we seek to obtain something of the following:

1) use the Gann grid to establish direction and angle of a trend
2) use the SQ9 date to identify the start date of a trend as time between 2 full moons allows enough time to move into a direction and then look for a retracement or even full switch
3) the extreme Master Octive grid combined with all those proves that price has travelled enough
4) the quad or other candle patterns prove the price is beginning to stall and it's reacting to the zone
5) the fundamental factors + other technical support, resistance/support are additional confluence.

I really must say that it's an amazing thing you teach because you don't leave anything to random regarding price: you take in consideration speed, time, price action, news to pinpoint a good reversal point. We're actually hunting the price, looking for it to exhaust and be in a good place for us and only then pull the trigger. It's a very cool methodology
Forex - It's finger lickin' good
  • #3,358
  • Feb 17, 2019 1:10am Feb 17, 2019 1:10am
Quoting pipsandkfc
{quote} Masterrmind if I get it right per our current analysis as thought in the thread we seek to obtain something of the following: 1) use the Gann grid to establish direction and angle of a trend 2) use the SQ9 date to identify the start date of a trend as time between 2 full moons allows enough time to move into a direction and then look for a retracement or even full switch 3) the extreme Master Octive grid combined with all those proves that price has travelled enough 4) the quad or other candle patterns prove the price is beginning to stall...
Bravo !

You are starting to see the light and the process behind my methodology.

Make sure you spend the time necessary to master each section and know how and when to apply it in the market.

I simply lace my threads with some tempting gold gems placed here and there but it will only be the astute, methodical and hardworking student that excells in this space.

The trading tools are simply just there to help you on your way but without a deep understanding of the internal workings of the method only average results at best are achievable.

Hard work and intelligent insight will pay off in the long run !

Masterrmind............
Master your Mind then Master your Trades
  • #3,359
  • Feb 17, 2019 1:16am Feb 17, 2019 1:16am
Quoting Masterrmind
{quote} Bravo ! You are starting to see the light and the process behind my methodology. Make sure you spend the time necessary to master each section and know how and when to apply it in the market. I simply lace my threads with some tempting gold gems placed here and there but it will only be the astute, methodical and hardworking student that excells in this space. Hard work and intelligent insight will pay off in the long run ! Masterrmind............
That's very cool, not leaving anything to random as we increase our chances of estimating the direction of the price. We could use the SQ9, Gann Grid and other aspects the other way as well, no? I mean ride it until the direction changes again, no? Not putting hard take profits like Master Octive 7 entry for example to Master Octive 5? We enter at Master Octive 7 and ride the movement until we see an opposite reaction of our entry?
*I'm just asking at a theoretical level because I'm still struggling with adding multiple positions in one trade, but really curious about the full potential use of all advices given here.
Forex - It's finger lickin' good
  • #3,360
  • Feb 17, 2019 2:04am Feb 17, 2019 2:04am
Noticed one more thing: interaction, alignment and adherence with a Gann Grid are better than just a simple trendline. Because with a trendline it would've looked it's broken since price came under it and that resulted in a false breakout.
This way the trend is not invalidated as price travels along the line direction, doesn't matter if it's over or under it. It sticks to it and that's actually important, the up down the line moves are just variations, the destination remains the same.
This is another cool thing I just noticed. Really, the charts and the aspects with interaction, alignment and adherence must be put in their first post as that's where they belong in trade finding setup instructions.
I'll have to review again your posts from page 156 when you start teaching Gann, as I feel the first time reading isn't enough to grasp all the information and insights presented in there.
Forex - It's finger lickin' good
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